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HomeMy WebLinkAboutDowntown Development Authority - Minutes - 05/15/198610/22/99 FRI 11:25 FAX 970 484 2089 DDA/DBA IM 001 oAMrowN DEVELOPMENT AUTHORITY .?a i_ (0-1 F 2 102 REMINGTON STREET, FORT COLLINS, COLORADO 80524 (303) 484-2020 Regular Directors Meeting May 15, 1986 The Board of Directors of the Downtown Development Authority met in regular session at 7:30 a.m., May 15, 1986 in the DDA Conference Room. There were present: PRESENT Barbara Schofield, Chairman presiding George Betz Eldon Ward Bill Friedrichsen Barbara Liebler Chuck Wanner Larry Estrada Staff: Chip Steiner, Executive Director Jan Martin Also: Jim Harmon - Dick Beardmore David Roy Chuck Mayhugh Joe Lewandowski Alan Canter Sherry Albertson -Clark Edwina Echevarria Ed Zdenek Barbara Schofield called the meeting to order and asked for MINUTES approval of the minutes of May 1, 1986. Chuck Wanner moved for approval, seconded by George Betz. The first order of business was discussion of the ownership of the GARAGE garage. Mr. Greg Denton, DDA legal counsel, stated that there was OWNERSHIP no.. reason for the parking garage not to be controlled by the City. Ar,_ However, the office apace is a different situation. He further stated that the City's point of view is not to separate the ramp from the office space. Poudre Fire Authority occupies the second \.i 10/22/99 FRI 11:35 FAb 970 484 2069 DDA/DBA floor of the office apace under a lease/purchase agreement and under �J the agreement with the DDA, PFA has the first option to purchase the remaining office apace should the Downtown Development Authority wish to sell. Discussion followed. Director George Betz moved that the Board approve the transfer of MOTION ownership of the parking garage to the City at City expense including any legal fees incurred and that the DDA retain ownership of the office space with the first right of purchase going to Poudre Fire Authority with the City second in line. The motion was seconded by Director Bill Friedrichsen. A roll call vote was taken and the motion passed unanimously. Staff was directed to work on this issue. Jim Harmon, Director of Finance, was present to finish his report on I FINANCE the financial status of the DDA. Directors George Betz and Bill Friedrichsen will continue working with staff and Mr. Harmon in this matter. fM 002 The Board was asked to approve the issuance of a Visa card from CREDIT CARD First Interstate (City of Fort Collins account) to the Executive Director to simplify record keeping of DDA expenses when out of town, etc. Director Eldon Ward moved that the Board approve the issuance of a Visa card, seconded by Bill Friedrichsen. A roll call vote was taken and the motion passed unanimously. The next item on the agenda was approval of Resolution 86-6 and RESOLUTION 86-6 Resolution 86-7. Resolution 86-6 of the Board of Directors of the Downtown Development Authority approves the development of a neighborhood plan and recommends to the Council of the City of Fort Collins the transfer of Forty Thousand dollars from the Oak Park Residential Project fund to complete said plan. Chip Steiner stated that the RFP is ready to be sent out. Discussion followed. Bill Friedrichsen moved that the Board approve Resolution 86-6, seconded by Chuck Wenner. A roll call vote was taken and the motion passed unanimously. Resolution 86-7 of the Board of Directors of the Downtown RESOLUTION 86-7 Development Authority approves the implementation of a design competition for the property located at 185 N. College Avenue and recommends the transfer of fifteen thousand dollars from the hotel feasibility study fund into a fund to conduct said competition. Intense discussions followed as to the benefits of holding a design competition. George Betz moved that Resolution 86-7 be approved by the Board of Directors, seconded by Chuck Wanner. A roll call vote was taken and the motion passed unanimously. Sherry Albertson -Clark, senior planner for Historic Preservation, HISTORIC presented a brief program on historic preservation in Fort Collins PRESERVATION in conjunction with National Historic Preservation Week. There being no other business, the meeting was adjourned. ADJOURN