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HomeMy WebLinkAbout2000-02-01 URA MinutesRegular Scheduled Meeting CALDWELL URBAN RENEWAL AGENCY February 1, 2000 - 12:00 noon Caldwell City Hall Council Chambers The regular scheduled meeting of the Caldwell Urban Renewal Agency was held February 1, 2000 at 12:00 noon in the City Council Chambers at City Hall with Chairman ElJay Waite presiding. The roll was called: present were ElJay Waite, Mayor Garret Nancolas, Mike Gable, Terry Rinearson, and Leona Fouts. A motion to approve the agenda was made by M. Gable, seconded by L. Fouts and passed unanimously. NEW BUSINESS A motion to approve the January 4, 2000 meeting minutes was made by M. Gable, seconded by T. Rinearson and passed unanimously. IDT Proposal – Exit 29 Gordon Law, City Engineer, presented a proposal from the Idaho Dept. Of Transportation (IDT) in the form of a cooperative agreement between the City of Caldwell and IDT to proceed with the plan for complete replacement of Exit 29. The City’s obligations relating to the Urban Renewal Agency will be: 1) Support the concept preparation at a cost of 7.3% of the approximate $250,000 fee, or roughtly $18,250, to be split equally between the City of Caldwell and the Urban Renewal Agency. 2) The City will provide the engineering for the project at a cost not to exceed $1.2 million, to be split equally between the City of Caldwell and the Urban Renewal Agency. 3) The City will participate in the selection of the engineering firm. The City Council will review this proposal at the next City Council meeting. A motion to communicate our support of the proposal to the City Council, with approval pending the review of the final document, was made by T. Rinearson, seconded by M. Gable and passed unanimously. Chairman E. Waite will distribute copies of the final proposal to the commissioners upon receipt from the IDT. M. Gable stated, as a matter of record, that a final approval of a 50/50 split will not set a precedent for future project partnerships. Future splits will be decided on a case by case basis, and may cover a wide range of percentages. Financial Report Chairman E. Waite presented a financial report, announcing funds received in January of $106,412.32. The January report and most recent bank statement were turned over to the Audit Committee for review and approval. A Corporate Resolution to establish a savings account was presented and signed by authorized signers E. Waite, Mayor Nancolas, and L. Fouts. Caldwell Urban Renewal Agency February 1, 2000 Page 2 General Discussion Mayor G. Nancolas announced the intention of the City Council to invite the URA Board of Commissioners to a workshop to discuss several upcoming projects. Time and date will be decided and communicated to the Board. Motion to adjourn made by M. Gable, seconded by T. Rinearson and passed unanimously. Meeting adjourned 12:57. Next meeting scheduled for Tuesday, March 7, 2000. Respectfully submitted, Leona R. Fouts Secretary