HomeMy WebLinkAbout2004-11-02 URA MinutesRegular Scheduled Meeting
CALDWELL URBAN RENEWAL AGENCY
November 2, 2004 - 12:00 noon
Caldwell City Hall Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held November 2, 2004 at
12:00 noon in the Conference Room @ City Hall with Chairman ElJay Waite presiding. The roll was
called: present were ElJay Waite, Matt Beebe, Rob Hopper and Leona Fouts. Mayor Garret Nancolas
arrived as noted in the minutes. Guests: Rick Wells, Dennis Canon, Steve Fultz, Dave Gipson.
Motion to approve the agenda as presented: Hopper/Beebe M/S/P
Motion to approve the minutes from the October 5, 2004 meeting: Beebe/Nancolas M/S/P
Mayor Garret Nancolas arrived.
Old Business
CEDC Update: Steve Fultz, Executive Director, provided an update on CEDC activities which
include: working on an incubator partnership with U of I; Chamber & CEDC co-advertising in the
Treasure Valley Living magazine which will be included in approximately 100 distribution packets to
businesses requesting relocation information; 37 applications through Community Development since
June, 9 for October of which 3 will work closely with CEDC; location packets sent to 5 businesses;
working with 2 call centers, one trailer manufacturer, one airplane parts manufacturer, mission aviation
group, and several businesses that are taking a second look at Caldwell; actively involved in the
downtown project and developing a plan for a visitors center; assisting two new start-up business, both
restaurants; provided demographic information to City Finance Director, Caldwell Fire Department,
and Freehold Development; 1597 unique visits to the web site in September, 1815 in October, with a
total of about 42,000 hits including 54 different countries; want to take action to help with the violence
issue/image and are considering a Community of Character program.
Mayor Nancolas introduced a draft of a letter of intent to Mia Murphy and CEDC regarding URA’s
commitment to CEDC when the land donation from Ralph Smeed to the charter school takes place.
The Mayor emphasized that the letter of intent is CEDC’s assurance that when the transaction takes
place, URA is prepared and committed to specific action. Chairman Waite stated that Dave Whitney,
attorney for Ralph Smeed, has indicated that Ralph is satisfied and ready to move forward. Chairman
Waite reminded the board that URA has no control over when, or if, the transaction is finalized. He
also informed the commissioners that the Charter School has possession of the final MOU with URA,
however they have not yet signed the document. Considerable discussion ensued regarding whether or
not the content of the letter should contain verbiage that ties together the Charter School, Ralph Smeed
and the additional parcel(s) of land that URA intends to develop for the benefit of CEDC. Chairman
Waite is of the opinion that the additional parcels should be considered a separate issue and not tied to
the land exchange, and thus eliminated from the letter of intent. Matt Beebe pointed out that the
second sentence of paragraph three states, “If settlement can be consummated…..the net result for
CEDC would be as follows,” which relieves URA of any specific commitment to CEDC if the
transaction fails, at which time URA would re-negotiate with CEDC on use of the parcels. Rob
Hopper added that if the transaction fails, URA will be in a position to start over and freely pursue a
different resolution, which could even be offering all parcels for CEDC’s benefit if URA so chooses.
Matt Beebe pointed out a typographical error in the letter and recommended a correction by inserting
the word acceptable in place of accepted in paragraph three, second sentence. Motion to correct the
noted typographical error, approve the letter as written and send to Mia Murphy and CEDC:
Beebe/Hopper; 4 votes in favor, Chairman Waite opposed.
CEURA, 11/2/04, Page 2
Mayor Nancolas requested permission from the board to contact Dave Whitney, attorney for Ralph
Smeed, to let him know that URA is placing a deadline of December 31, 2004 to finalize the
transaction, after which time URA’s commitment is null and void. Motion to authorize Mayor
Nancolas to contact Dave Whitney: Fouts/Beebe M/S/P
Motion to enter into Executive Session (Title 67-2345 Land Acquisition) at 12:42pm: Hopper/Beebe
M/S/P
Motion to exit Executive Session at 1:36pm: Beebe/Fouts M/S/P
Motion to approve the release of the Limited Phase I Site Assessments for the Indian Creek
Restoration Project and the Bennett Block to the EPA and the Army Corp of Engineers: Fouts/Beebe
M/S/P
Motion to offer up to $150,000 for the purchase of the property known as Bills Service Parts:
Hopper/Fouts M/S/P
Motion to approve invoices as follows:
$ 3,109.55 SixMile Engineering Traffic Study
$ 17,500.00 CEDC Annual Contract Final Payment
Fouts/Hopper M/S/P
Financial report provided by Rob Hopper: Local government investment pool balance of
$751,702.38 with interest earned of 1,616.16 as of 10/31/04, Farmers & Merchants checking account
balance of $5,026.99 as of 9/30/04, and Farmers & Merchants Money Market account balance of
$716,899.12 with interest earned of $778.49 as of 9/30/04.
Motion to approve the financial report: Beebe/Fouts M/S/P
The next meeting will be held Tuesday, December 7, 2004 at 12:00noon
Motion to adjourn: Beebe/Fouts M/S/P
Meeting adjourned @ 1:50pm
Respectfully submitted,
Leona Fouts
Secretary