HomeMy WebLinkAbout2001-10-02 URA MinutesRegular Scheduled Meeting
CALDWELL URBAN RENEWAL AGENCY
October 2, 2001 - 12:00 noon
Caldwell City Hall Conference Room
The regular scheduled meeting of the Caldwell Urban Renewal Agency was held October 2, 2001 at
12:00 noon in the Conference Room @ City Hall with Chairman ElJay Waite presiding. The roll
was called: present were ElJay Waite, Mayor Garrett Nancolas, Mike Gable and Leona Fouts.
Motion to approve the agenda, amended to include approval of Sept. minutes: Gable/Fouts M/S/P
Motion to approve the September 4, 2001 minutes: Fouts/Gable M/S/P
Old Business
The PUC has approved the agreement with Idaho Power. Revisions complete and ready for
signatures and funds from developers. Motion to authorize Chairman Waite and Mayor Nancolas to
issue a check from Caldwell East Urban Renewal to Idaho Power upon final signatures and receipt
of funds from the developers: Gable/Fouts M/S/P
Chairman Waite presented and reviewed the proposed budget for 2002. Action will be taken at the
next meeting to adopt the budget.
New Business
Progress report for Housing Rehab Loans distributed. No discussion necessary due to housing
tour conducted prior to the meeting.
URA financing for Ashton Place was discussed. Group consensus is that we can’t consider
anything that would extend beyond the life of this commission. Discussion will continue and a
decision will be forthcoming at subsequent meetings.
Cost analysis for Sebree Park was presented. Motion to authorize payment of $50,097 to
reimburse the City of Caldwell for the URA commitment: Gable/Fouts M/S/P
Invoice presented from I.D.A.H.O. for July, August & September. Motion to approve payment at
the contract rate, not the billed rate: Gable/Fouts M/S/P
Financial report presented by Gable. Ending balance as of 8/31/2001 is $613,162.57, with interest
earned of $1,917.13 and one check paid to IDAHO for $6,921.46.
Motion to adjourn: Gable/Fouts M/S/P
Meeting adjourned @ 1:00pm
Respectfully Submitted
Leona R. Fouts
Secretary