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HomeMy WebLinkAboutDowntown Development Authority - Minutes - 11/03/1994.} t DOWNTOWN -d DEVELOPMENT AUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 Telefmc (303) 484-2069 DOWNTOWN DEVELOPMENT AUTHORITY Regular Directors' Meeting CONTACT: Chip Steiner, Staff Cii::Itt*%e-J :iZ,- REGULAR MEETING The Board of Directors of the Downtown Development Authority met in regular session at 7:30 am. November 03, 1994 In the conference room at 201 South College Avenue, One West Art Center. PRESENT Board members: Stephen Slazak, Chair presiding Mary Brayton Rick Goodale Carey Hewitt Roger Gunlikson Bonnie BnderS7idon Board member absent Ed Baldwin Jim Martell Staff Chip Steiner, Executive Director Lucia Liley, Legal counsel Sina Polyakov CALL TO ORDER Steve Slezak called the meeting to order. The minutes of October 6, 1994 were approved as corrected. OLD TOWN GEESE The issue of DDA paying for one goose was rejected unantmouslyby the Board last month. However, GerryHorak commented at the October 6th meeting that the Board must approve the addition of the geese to the Old Town Plaza The Board has four (4) issues to discuss and vote on and they are as follows: 1) Board approval or denial of the addition of the geese. 2) Board's willingness to pay for constructionlinstallation costs of the geese (which are not known at this time) as requested by Foxdire. 3) Board's willingness to pay the Enterprise Zone processing fee associated with the donation of the geese. 4) Board action on requesting a cap on the Enterprise Zone fee. The fee is currently 3% of the donation amounL The change proposed by Resolution 94-10 would cap the fee to 3% of the first $10,000 donation value. Page Two DDA111-03 Meeting It was asked by the Board for Chip Steiner to check into DDA's and the City of Fort Collins Certificate of Insurance on the plaza. Carey Hewitt moved to approve installation of the geese, seconded by Mary Brayton and the motion carried. Carey Hewitt moved that the Board contribute up to $1,000 for fees and installation, seconded by Roger Gunlikson. Motion was approved. DDA approval will be necessary if more geese are to be added to the plaza. SALWATIONARMY The $100,000 Salvation Amry Facade funds will not be spent in this calendar year. The agreement between DDA and the developer for redevelopment requires an annual re -appropriation of funds. The agreement further stipulates that if the Linden Hotel is completed before the Salvation Army building that $10,000 in refainage will be withheld from the Linden reimbursemenL Therefore the total amount to be reappropriated is $110,000. Roger Gunlikson moved to adopt RESOLUTION 94-10 OF THE FORT COLLINS, COLORADO DOWNTOWN RESOLUTION 94-70 DEVELOPMENT AUTHORITY APPROVING AND RECOMMENDING TO THE FORT COLLINS CITY COUNCIL THE RE -APPROPRIATION OF $110,000 FOR THE ACQUISITION OF THE SALVATION ARMY FACADE Seconded by Carey Hewitt The resolution passed unanimously. OTHER BUSN&W DDA OFFICE SPACE - The Board gave irs approval to Chip Steiner to renegotiate with One West Art Center its office space lease. LARIMER COUNTY MOVE - Board directed staff to write the County requesting DDA participation in the design and development process for the new Courthouse. The Board further directed staff to draft a resolution encouraging the County to keep its administrative and judicial operations Downtown. CONTRACT FOR CHIP STEINER - Carey Hewitt asked ff a contract had been drafted with Chip Steiner. A completed contract will be provided to the Board for its consideration at the December meeting. DBA BOARD - This Board may require a representative to the DBA after the first of the year upon Chip Steiner's resignation. - December 1s4 DDA Board meeting at 7.30 a.m. 185 NO. COLLEGE - Board has requested the DDA staff to check on the current status of insurance and if tenant was meeting the other terms of the agreement. ADJOURN There being no further business, the meeting was adjourned. Ed Baldwin, Secretary