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HomeMy WebLinkAbout2002-10-01 URA MinutesRegular Scheduled Meeting CALDWELL URBAN RENEWAL AGENCY October 1, 2002 - 12:00 noon Caldwell City Hall Conference Room The regular scheduled meeting of the Caldwell Urban Renewal Agency was held October 1, 2002 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, Mike Gable, Matt Beebe and Leona Fouts. Motion to approve the agenda, amended to include approval of the minutes from the August 8, 2002 meeting: Fouts/Gable M/S/P Motion to approve the August 8, 2002 meeting minutes: Nancolas/Gable M/S/P New Business Presentation by Curt Ruehl, John Pilote, George Combs, representing Caldwell Night Rodeo Board, requesting funding for rodeo grounds improvements. A list of five projects was presented, with special emphasis placed on the first two items for immediate assistance: 1) East side bleacher seats & walkway change from wood to aluminum, and 2) West side walk board from wood to aluminum. The request is within the nature and scope of the URA plan and commissioners agreed to bring action to the board next month, following availability of new revenue projections due within the month. Financial report as of 8/30/2002 given by Mike Gable. Bank balance of $629,967.42 with interest earned of $1,194.94. State Fund balance of $710,034.84 with interest earned of $2,174.98. Motion to approve invoice of $175.56 for the public hearing advertising cost: Gable/Fouts M/S/P Motion to approve City of Caldwell invoice #230 for $50,000 for Sebree Park improvements: Gable/Beebe M/S/P General Discussion centered on the need to review the URA plan to consider boundary realignment and addition of new areas, including portions of the downtown core and several other areas. Steps to be taken: review of initial plan, assess values of areas to be added/changed, contact all taxing entities, documents drawn by attorneys, public hearing. Motion to authorize ElJay to pursue expansion in the downtown core and south of town and determine the assessed valuation and what those figures will allow us to do within the restrictions of urban renewal laws: Gable/Beebe M/S/P Motion to adjourn: Beebe/Gable M/S/P Meeting adjourned 1:25pm Respectfully submitted Leona Fouts Secretary