HomeMy WebLinkAbout2004-12-07 URA MinutesRegular Scheduled Meeting
CALDWELL URBAN RENEWAL AGENCY
December 7, 2004 - 12:00 noon
Caldwell City Hall, Mayor’s Office
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held December 7, 2004 at
12:00 noon in the Mayor’s Office @ City Hall with Chairman ElJay Waite presiding. The roll was
called: present were ElJay Waite, Mayor Garret Nancolas, Rob Hopper and Leona Fouts. Matt Beebe
was absent. Guests: Steve Fultz, Dave Gipson.
Motion to approve the agenda as presented: Hopper/Fouts M/S/P
Motion to approve the minutes from the November 2, 2004 meeting: Fouts/Hopper M/S/P
Old Business
CEDC Update: Steve Fultz, Executive Director, provided an update on CEDC activities which
include: location packets sent to 3 businesses in November; involved with Downtown steering
committee; met with Dick Winder to provide an update and ease some of Dick’s concerns; 37
applications through Community Development since June with 4-5 of them requesting assistance with
the process; assisting two new start-up business, both restaurants; a total of about 50,000 hits to web
site; working with Randy Million to catch up on back taxes and tax reporting for past fours years and
expect resolution before year-end ’04; CEDC’s lease payment will increase to $900/month (29%
increase) next year and they have been invited to relocate to the U of I Small Business Incubator at a
monthly cost of $338, which CEDC is considering.
CEDC Annual Report was presented by Steve Fultz.
Mayor Nancolas introduced a letter of response from Mia Murphy on behalf of CEDC regarding
URA’s letter of intent dated Nov. 2004. Ms Murphy is requesting verbiage changes to the transfer of
$200,000 and more specific verbiage with regard to the deeding of a parcel. Based on testimony from
Dave Gipson, Steve Fultz, Chairman Waite and Mayor Nancolas, it is apparent that there have been
numerous meetings, informal discussions and rumors about the deeding of a parcel(s) to CEDC.
Mayor Nancolas clarified that as land values changed over time, the verbal agreement also changed to
compensate. The Mayor emphasized URA’s intent to deed a minimum of one parcel to CEDC and
established that URA is ready and willing to do that at any time. If the parcel is deeded now, any
infrastructure costs will fall to CEDC as owner, whereas URA is able to fund the cost of roadways, etc.
if the parcel remains in URA’s ownership until CEDC has an approved project for the site. Mayor
Nancolas suggested that Mia Murphy draft a letter, on behalf of CEDC, containing the verbiage
necessary to satisfy the CEDC Board of Directors, and allow URA to respond. Dave Gipson and Steve
Fultz accepted the suggestion on behalf of CEDC and will have a document prepared for the next URA
meeting.
Chairman Waite announced that the Charter School construction will not begin until August, 2005.
Mayor Nancolas will request a copy of the escrow placed by Ralph Smeed in order to clarify
contingencies rumored to be set within the escrow.
Motion to sponsor and approve a resolution to execute the YMCA Development, Ownership and
Operation Agreement and Restrictive Covenant: Nancolas/Hopper M/S/P Chairman Waite will
contact Rick Skinner to obtain a resolution pursuant to the URA’s July 7, 2004 approval of the YMCA
Agreement and funding.
URA, 12/7/2004, Page 2
Motion to sponsor and approve a resolution to execute the YMCA subordination agreement:
Nancolas/Hopper M/S/P
Motion to approve the purchase of the Delaware Park/School Park parcel for $300,000 and authorize
Chairman ElJay Waite to sign a resolution: Hopper/Nancolas M/S/P
Motion to enter into Executive Session (Title 67-2345 Land Acquisition) at 1:14 pm: Hopper/Fouts
M/S/P
Motion to exit Executive Session at 1:32pm: Fouts/Nancolas M/S/P
Motion to approve invoices as follows:
$ 1,000.00 Moffit Thomas License Agreement for Pioneer Irrigation
$ 330.00 Columbia Tech Asbestos Inspection, carwash
$ 15,000.00 CEDC 1st Quarter 2005
$ 6,095.00 W&H Pacific Topography & Boundary Survey, Park Site
Fouts/Nancolas M/S/P
Financial report provided by Rob Hopper:
October:
Farmers & Merchants checking account balance of $ 2740.06 as of 10/31/04,
Farmers & Merchants Money Market account balance of $ 722,924.13 with interest earned of $ 770.50
as of 10/31/04.
November:
Local Government Investment Pool balance of $753,025.24 with earnings of $1,322.86 as of 11/30/04,
Farmers & Merchants checking account balance of $4,240.06 as of 11/30/04,
Farmers & Merchants Money Market account balance of $712,918.05 with interest earned of $842.46
as of 11/30/04.
Motion to approve the financial report: Fouts/Nancolas M/S/P
The next meeting will be held Tuesday, January 4, 2005 at 12:00noon
Motion to adjourn: Nancolas/Fouts M/S/P
Meeting adjourned @ 1:40pm
Respectfully submitted,
Leona Fouts
Secretary