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HomeMy WebLinkAbout2001-05-08 URA MinutesRegular Scheduled Meeting CALDWELL URBAN RENEWAL AGENCY May 8, 2001 - 1:30 pm Caldwell City Hall Conference Room The regular scheduled meeting of the Caldwell Urban Renewal Agency was held May 8, 2001 at 1:30 pm in the Conference Room @ City Hall with Chairman ElJay Waite presiding. The roll was called: present were ElJay Waite, Mayor Garrett Nancolas and Leona Fouts. Motion to approve the agenda: M/S/P Nancolas/Fouts Motion to approve the April 10, 2001 minutes: M/S/P Fouts/Nancolas Old Business Fred Cornforth, Exec. Director of I.D.A.H.O, provided an update and progress report on the Low Interest Housing Rehabilitation Project ( URA Resolution #1). Motion to authorize Mayor Nancolas and ElJay Waite to continue discussion with the parties involved in the 10 Meg distribution power line, and negotiate an agreement with Idaho Power for construction of the 10 MW line to the urban renewal area, with an expenditure of funds from URA for 4.5 MW. M/S/P Nancolas/Fouts Financial Report given by ElJay Waite: Current balance of $464,960.34 as of 3/30/2001, includes deposits of $80,907 and interest paid of $1655. New Business A workshop will be scheduled for URA Commissioners, representatives from IDAHO, and Terry Rinearson to discuss feasibility of establishing and funding a housing project within the Urban Renewal Agency. Meeting adjourned @ 2:45pm Respectfully Submitted, Leona Fouts Secretary