HomeMy WebLinkAbout2003-05-06 URA MinutesRegular Scheduled Meeting
CALDWELL URBAN RENEWAL AGENCY
May 6, 2003 - 12:00 noon
Caldwell City Hall Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held May 6, 2003 at
12:00 noon in the Conference Room @ City Hall with Chairman ElJay Waite presiding. The roll
was called: present were ElJay Waite, Dennis Callsen, Matt Beebe and Leona Fouts. Mayor
Garret Nancolas was absent.
Motion to approve the agenda: Callsen/Beebe M/S/P
Motion to approve the April 1, 2003 and April 7, 2003 meeting minutes: Fouts/Beebe M/S/P
YMCA Update: Chairman Waite has accepted an invitation attend the capital project meetings
with the “Y” staff. His involvement will allow us to direct our contribution to the areas that are
specifically outlined in the URA plan.
LID @ Dearborn & 41st : City Engineering is asking URA to consider funding the sewer
extension inside LID boundaries and probably storm water drainage issues. URA’s LID budget
is set at $10,000 for this fiscal year. The project estimate will be between $20,000 - $25,000.
Participation will not be necessary until next fiscal year. Specific recommendation will come
from Gordon Law, City Engineer, at the appropriate time.
Arispe loan agreement was delayed due to credit issues which have now been resolved.
Caldwell Fire Department is requiring a change in the address because the house now faces 4th
Street instead of Galveston Street. Motion to approve the revision of the loan documents to
reflect a change in the payment due date to June 1, 2003, and a change in the address of the
residence to read 724 4th Street: Beebe/Callsen M/S/P
Letter to Ashton Place Associates dated January 30, 2002, outlining the terms and conditions of
our funding for the Caldwell Ashton Place project, has been entered into record. The year-end
financial review period of 15 days has been changed to 45 days. Loan documents are finalized
and will be forwarded to Mark Hilty, City Attorney, for final review. Authorization for Eljay to
sign documents was approved at the April 7, 2003 meeting. Motion to approve payment of
$150,000.00 and forward as requested, following final approval from the City Attorney and
execution of loan documents by all parties: Fouts/Beebe M/S/P
Funding Agreement for Columbia Gardens presented for review. Final document has a
revision to Schedule D to specify improvements of curb, gutter, sidewalk, and street paving.
Motion to sign the funding agreement, which serves as a letter of commitment for up to
$25,000.00: Beebe/Fouts M/S/P
Laster Lane senior residential development: Letter dated February 11, 2003,from CEURA to
Fred Cornforth, certifying that the proposed development site lies within the Caldwell Urban
Renewal district, was entered into record.
Payment on Wertenberger property will be due June 1, 2003. Options discussed, no decision
made. Awaiting recommendations and documents from attorney. Will finalize at June meeting.
Page 2, CEURA, May 6, 2003, 2003
Reviewed progress and budgeted amounts for six projects underway: Griffith Park, Luby Park,
Destiny Park, Rotary Park, Centennial Entrance, Plymouth Road.
Reviewed Charter School and Freehold land swap proposal. Discussed and agreed to proposal
to swap seven acres north of the ball fields for the 12 acres in the FFA overlay zone. ElJay will
pursue with Freehold Development. Reviewed three options for Charter School site:
Option F – Charter School and Museum located north of the ball fields, in the eastern section.
Option J.3 – Charter School and Museum located south of the ball fields, in the eastern section.
Option H.4 – Charter School and Museum located in section northwest of the ball fields.
Noted that Option J.3 would require extension of utilities at a cost of approximately $300,000.
Option J.3 would also create a break in the flow of the park. Motion to discard option J.3 and
limit the Charter School and museum sites to the parcels designated in either Option F or Option
H.4, with the exception of the frontage parcel shown in Option H.4: Beebe/Fouts M/S/P
Four invoices presented for payment. Motion to approve the following invoices: $19,978.42,
JB’s Roofing for Train Depot refurbishing; $207.02, Canyon County for property taxes on the
65 acre parcel; $1,697.10, Hydrologic for well and water rights evaluation on well near ball
fields; and $20,000, CEDC for 50% of budgeted amount: Fouts/Callsen M/S/P
Noted that CEDC must show progress on completed projects that are either within URA
boundaries or provide a direct benefit to the URA plan in order to justify any funding of CEDC.
CEDC’s project report for the 1st and 2nd Quarters of 2003 shows a minimal number of
completed projects that benefit URA. Upon commitments and/or completion of the projects still
in the proposal phase, the remainder of the budgeted dollars will be considered for payment to
CEDC.
Financial Report given by Dennis Callsen. Local gov’t investment account balance is
$1,725,028.97 as of 4/30/03 with interest paid of $3,882.39; Farmer’s & Merchants Money
Market account balance is $354,405.25 as of 3/31/03 with interest paid of $689.50; Farmer’s and
Merchants checking account balance is $6,237.25 as of 3/31/03. Motion to approve financial
report: Fouts/Beebe M/S/P
General Discussion:
ElJay Waite announced that the 65 acre re-zone request was approved by Planning and
Zoning and will be presented to City Council at the next meeting.
Three bids have been submitted for the concrete work at the ball fields. Bid selection
will be approved, and work scheduled, when land swap is complete and CEURA ownership of
the ground is established.
Motion to adjourn: Beebe/Callsen M/S/P
Meeting adjourned at 1:35pm.
Respectfully submitted,
Leona Fouts
Secretary