HomeMy WebLinkAboutDowntown Development Authority - Minutes - 11/21/1985AWNTOWN �
DEVELOPMENT
AUTHORITY
102 REMINGTON STREET, FORT COLLINS, COLORADO 80524
DOWNTOWN DEVELOPMENT AUTHORITY
Regular Directors Meeting
November 21, 1985
The Board of Directors of the Downtown Development Authority met in
regular session at 7:30 a.m., November 21, 1985 in the DDA
Conference Room.
There were present:
Barbara Schofield, Chairman presiding
George Betz
Eldon Ward
Earl Wilkinson
Barbara Liebler
Staff:
Also:
Bill Kingsbury, Executive Director
Chip Steiner
Jan Martin
Jim Reidhead
Greg Denton
Chris Sholly
Gene Mitchell
Carol Tunner
Teresa Ford
Laurie Howell
Linda Hopkins
Dick Beardmore
Joseph DeVera
Joe Frank
Absent:
Dan Larsen
Chuck Wanner
Larry Estrada
Bill Friedrichsen
Barbara Schofield called the meeting to order and asked for
approval of the minutes of November 7, 1985• George Betz moved
approval, seconded by Earl Wilkinson.
(303) 484-2020
PRESENT
I ABSENT
MINUTES
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The first order of business was discussion of the Small Wonder
property located at the corner of College Avenue and LaPorte Avenue.
Chip Steiner reported that the Local Development Corporation
considered the item at its November 7 meeting. The LDC voted to
loan the DDA $50,000 at six percent interest with a five year
amortization schedule and a balloon payment at the end of two years.
The vote was amended to say that LDC would only loan the money if
the DDA and the City participated in the project. Mr. Steiner
stated that according to Bob Lee, the city did not have $30,000 to
put into the project at this time, but could possibly include street
and intersection improvements as a 1986 capital project. Discussion
followed. Chairman Barbara Schofield asked the Board what they
wanted to do about this property. The general consensus was that
redevelopment of this property is important to the downtown area,
but the major concern among Board members was the financing of this
property. However, the Board felt that there would be a workable
solution and directed staff to continue exploring possibilities.
The next item on the agenda was the slide show presentation of the
Eastside Neighborhood Plan and the Poudre River Trust Plan by
Director Eldon Ward. Barbara Liebler withdrew for the presentation
of the Eastside Neighborhood Plan and returned for the Poudre River
Trust Plan. Earl Wilkinson expressed concern about the traffic
pattern in the Eastside Neighborhood Plan. After the Poudre River
Trust Plan was presented, Gene Mitchell commented on the importance
of getting truck traffic off Jefferson Street. Jim Reidhead,
Executive Director of the Poudre River Trust, stated that a number
of people spoke against the Plan, but once it was explained to them
they changed their opinion.
The personnel item on the agenda included Bill Kingsbury reading his
letter of resignation, which included the list of accomplishments of
the DDA under his direction. Barbara Schofield asked for a motion
to accept Mr. Kingsbury's letter. George Betz so moved, seconded by
Barbara Liebler. A roll call vote was taken of those present. The
motion carried unanimously. Barbara Schofield thanked Bill
Kingsbury on behalf of the Board for all his work. Greg Denton then
presented the resignation agreement. There were no questions or
comments. Earl Wilkinson moved to accept the agreement, seconded by
Barbara Liebler. A roll call vote was taken of those present. The
motion carried unanimously.
Under other business, Earl Wilkinson brought up the subject of
landbanking and suggested that this topic be discussed in the
future. Mr. Wilkinson also stated his concern that a member of the
Board talked with the media about the proceedings of an executive
session of the DDA Board on November 7. He complimented Chairman
Schofield on the way she handled the situation. Mr. Wilkinson also
thanked Mr. Kingsbury for all his hard work.
There being no other business, the meeting was adjourned.
Barbara Liebler, Secretary
SMALL
WONDER
EASTSIDE
NEIGHBORHOOD
PLAN/POUDRE
RIVER TRUST
PLAN
RESIGNATION
OTHER
BUSINESS
ADJOURN