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HomeMy WebLinkAbout2002-12-03 URA MinutesRegular Scheduled Meeting CALDWELL URBAN RENEWAL AGENCY December 3, 2002 - 12:00 noon Caldwell City Hall Mayor’s Office The regular scheduled meeting of the Caldwell Urban Renewal Agency was held December 3, 2002 at 12:00 noon in the Mayor’s Office @ City Hall with Chairman ElJay Waite presiding. The roll was called: present were Mayor Garret Nancolas, Mike Gable, Matt Beebe and Leona Fouts. Motion to approve the agenda: Gable/Fouts M/S/P Motion to approve the November 5, 2002 minutes: Fouts/Gable M/S/P OLD BUSINESS Mayor Nancolas provided an update on the YMCA project. Land has been donated, thereby confirming site location. The property is located just outside the URA boundaries. The YMCA is included in the plan and budget for URA and in order to participate, the URA boundaries must be amended to include this property. We have two options for amendment: 1) amend the boundaries to include revenue allocation to URA from the added properties, or 2) amend the boundaries without any revenue allocation to URA. Motion to authorize Chairman Waite to continue the process for amending the URA boundaries, without revenue allocation to URA, to include 2 parcels west of existing boundaries and extending across Indiana to include the 13 acres of donated property, and to include the balance of the downtown core bounded by 10th / 3rd / Dearborn / Railroad tracks: Gable/Beebe M/S/P NEW BUSINESS Update from Anne Marie at I.D.A.H.O on the Arispe property. Submitted first draw request for previously approved grant. Motion to approve payment of the draw request in the amount of $5,713.86: Gable/Beebe M/S/P Update from Mike Gable on CEDC projects underway. Terms have been reached on the donation of property from Ralph Smeed and the deal should close within the next several weeks. Financial report not available. Will be provided at the next meeting. Caleb Roope, Ashton Place project, submitted a request for review of optional funding. Consensus of commissioners is that our original offer stands and we will not entertain options at this time. Motion to adjourn: Beebe/Gable M/S/P Meeting adjourned at 12:25pm Respectfully Submitted, Leona Fouts Secretary