HomeMy WebLinkAbout2001-12-11 URA MinutesRegular Scheduled Meeting
CALDWELL URBAN RENEWAL AGENCY
December 11, 2001 - 12:00 noon
Caldwell City Hall Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held
December 11, 2001 at 1:30 pm in the Conference Room @ City Hall with Chairman
ElJay Waite presiding. The roll was called: present were ElJay Waite, Mike Gable, Matt
Beebe and Leona Fouts.
Motion to approve the agenda: Gable/Fouts M/S/P
Motion to approve the November 6, 2001 minutes: Fouts/Gable M/S/P
Old Business
In the absence of the Mayor, no report available on Power Line Contract or YMCA.
Tabled until next meeting.
New Business
Anne Marie Reyes provided an update on the housing rehabilitation in process. The
Arispe home was ready for demolition, however a slight delay occurred due to a possible
asbestos issue.
Chairman Waite gave an update on the Ashton Place Apartment Project. In a recent
meeting with Caleb Roope, developer, Waite communicated URA’s inability to proceed
with a 40 year loan and offered several other options including a 10 year loan with a
balloon and/or a lower interest rate. We will await a response from Mr. Roope.
The URA 2002 budget was presented by Chairman Waite. Motion to accept:
Gable/Fouts M/S/P
Financial report given by Gable; checking account balance of $794,597.24 as of
10/31/2001. A check was written in November against that balance, payable to Idaho
Power, in the amount of $408,308.30. No invoices to pay. Motion to approve:
Gable/Beebe M/S/P
Motion to adjourn: Beebe/Gable M/S/P
Meeting adjourned at 2:05pm
Respectfully Submitted,
Leona R. Fouts
Secretary