HomeMy WebLinkAbout2004-08-10 URA MinutesRegular Scheduled Meeting
CALDWELL URBAN RENEWAL AGENCY
August 10, 2004 - 12:00 noon
Caldwell City Hall Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held August 10, 2004 at
12:00 noon in the Conference Room @ City Hall with Chairman ElJay Waite presiding. The roll was
called: present were ElJay Waite, Mayor Garret Nancolas, Rob Hopper, and Matt Beebe. Leona Fouts
was absent. Guests attending: Chuck Randolf, Steve Fultz and Fran Hihath.
Motion to amend the agenda to delete item #4, and approve as amended: Hopper/Beebe M/S/P
Motion to approve the July 7, 2004 meeting minutes: Hopper/Beebe M/S/P
Old Business
CEDC Update: Steve Fultz, Executive Director, provided an update on CEDC activities which
include: establishing a subcommittee to investigate forming a development corporation to handle land
transactions and other opportunities; Key Bank has declined to participate in the funding of the Idaho
Athletic Club project, however Zion’s Bank utilizes the new market tax credits and is interested.
CEURA is doing everything possible to move the Charter School project forward and Chairman
Waite is scheduled to meet with the Charter School Committee.
Chairman Waite distributed restrictions to the YMCA MOU and discussed the CEURA pledge
amount of $7,741,562 plus up to $2,000,000 in financing costs.
The Fast Track Car Wash at 11th and Elgin is nearing completion. The cost of the roadway paving
project is $23,000 and will be shared equally between the developer and CEURA. Motion to approve
payment of $11,500 to fund 50% of the roadway project at 11th & Elgin: Hopper/Beebe M/S/P
New Business
The Caldwell School District, represented by Chuck Randolf, presented a request for funding of the
new parking lot for Van Buren School. The school district has spent $236,000 for property purchase
and demolition of existing buildings, and does not have the funds available to complete the
development and paving of the parking lot. Mayor Nancolas stated that the project fits within the
guidelines and goals of the URA plan. Van Buren School would be better utilized for evening
meetings and functions if lighting was installed. Additionally, the lot is adjacent to the 11th & Elgin
roadway project and would improve and beautify the area. Motion to pursue cost estimates and time
frames from the city engineering staff for further discussion at a future meeting: Nancolas/Hopper
M/S/P
Matt Beebe, Canyon County Commissioner, presented an agreement between Canyon County and
CEURA for the County’s donation of the car wash property at the corner of 10th and Arthur to
CEURA. Chairman Waite inquired about ongoing maintenance costs upon receipt of the property and
no one seemed aware of any such costs. Motion to approve and sign the property donation agreement
between Canyon County and CEURA: Nancolas/Hopper M/S/P Matt Beebe Abstained.
CEURA, 8/10/04, Page 2
Rob Hopper presented invoices and checks as follows:
Invoices submitted for approval to pay:
$ 97.00 Hamilton,Michaelson,Hilty Charter School
$ 861.00 Hamilton,Michaelson,Hilty Car Wash Property
$ 1,710.00 ICRMP Entity General Liability Insurance
Invoice from I.D.A.H.O. for advance funding was denied. Funding will be provided upon completion
of the street project.
Checks written and submitted for board approval:
$ 334.34 Pioneer Title Title Report Griffiths Park
$ 10,000.00 Idaho Transportation Dept Grant for Train Depot
$300,000.00 YMCA Pledge
$ 11,555.47 Deerflat Sand & Gravel Parking for GALS softball Quad
$ 600.00 W&H Pacific Legal Description for Charter School property
$ 420.00 Hamilton, Michaelson, Hilty Charter School
$ 30,000.00 City of Caldwell Georgia Ave. Bridge
$ 71,324.19 City of Caldwell 2nd payment Plymouth Street paving
$ 14,777.59 City of Caldwell Downtown L.I.D.
Motion to approve invoices and checks as presented: Nancolas/Hopper M/S/P
Financial report provided by Rob Hopper: Farmers and Merchants checking account balance of
$62,806.45 as of 7/31/04, Farmers and Merchants money market balance of $1,802,919.21 with
interest paid of $1,164.15 as of 7/31/04, and local government investment pool balance of $748,167.37
with interest paid of 1,219.16 as of 7/31/04. Motion to approve the financial report: Hopper/Waite
M/S/P
General Discussion
Projects to be considered in future budgets:
Bonds, Indian Creek project, YMCA donations, Park improvements, Rotary Park improvements,
County additions.
Chairman Waite stated that we have consumed our resources for this year. Cash receipts are right
where they were projected to be.
Mayor Nancolas announced that he would be meeting with Rick Skinner to discuss the Indian Creek
project.
The next meeting will be held Tuesday, September 7, 2004 at 12:00noon
Motion to adjourn: Waite/Hopper M/S/P
Meeting adjourned @ 1:20pm
Respectfully submitted,
ElJay Waite
Chairman