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HomeMy WebLinkAboutDowntown Development Authority - Minutes - 10/05/1994r ddD vVNTOWN DEVELOPMENT AUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, TORT COLLINS, CO 80524 Telefmc (303) 484-2069 DOWNTOWN DEVELOPMENT AUTHORITY Regular Directors' Meeting CONTACT: Chip Steiner, Staff Gerry Horak, Council Liaison REGULAR MEETING The Board of Directors of the Downtown Development Authority met in regular session at 7:30 a.m. October 6, 1994 in the conference room at 201 South College Avenue, One West Art Center. PRESENT Board members: Stephen Slezak, Chair presiding Ed Baldwin Jim Martell Mary Brayton Rick Goodate Lucia Liley Carey Hewitt Bonnie Bbder-Szfdon Gerry Horak Board member absent: Roger Gunlikson Staff• Chip Steiner, Executive Director Sina Polyakov Guests: Ellen ZTbell, Downtown Business Association Todd Lund, Progressive Old Town Square CALL TO ORDER Steve Slezak called the meeting to order. It was moved by Rick Goodale, seconded by Ed Baldwin to approve the August 4, 1994 minutes. The minutes were approved as written. 1995 BUDGET ITEMS A request was made by Chip Steiner to correct the error on Resolutlon34-9, The ,._ ..- -:...--.: _..=Approprietiae of the DDA-Fluid for . payment of Debt Service for rite RSCaI Year Ending December 31, 1994 with the placement of a comma instead of a period _. — — in the third paragraph of the principal amount Correction so noted and to be delivered to Steve Slezak for signature. Page Two DDA/Board Meeting 10/06/54 Questions on Resolution 97-7, Approving the Budget of the Estimated Amounts required to pay the Expenses of Conducting the Business of the DDA for the fiscal Year ending December 31, 1994 came up regarding no allocation in the 1995 Budget for an executive director. Gerry Horak stated that monies could be moved around to accommodate an eventual decision. Also the rent income ' was discussed, as there will be a reduction of office space from DBA moving into DDA's sector thereby eliminating the extra square footage of their office and the conference room. With no further discussion it was moved by Steve Slazak to approve Resolution 94-7 of the FORT COLONS DOWNTOWN DEVELOPMENT AUTHORITY TO APPROVE AND RECOMMEND TO THE FORT COLLINS CITY RESOLUTION 94-7 COUNCIL THE BUDGET OF THE ESTIMATED AMOUNTS REQUIRED TO PAY THE EXPENSES OF CONDUCTING THE BUSINESS OF THE DOWNTOWN DEVELOPMENTAUTHORlTYFOR THE FISCAL YEAR ENDING DECEMBER 31, 7995. Seconded by Ed Baldwin, the resolution was approved. The next order of business RESOLUTION 94.8 was a motion to approve Resolution 94-8,of the FORT COLONS DOWNTOWN DEVELOPMENT AUTHORITY RECOMMENDING TO THE FORT COLONS CITY COUNCIL THE DETERMINING AND FIXING OF , THE MILL LEVY OF THE DOWNTOWN DEVELOPMENT AUTHORITY FOR THE FISCAL YEAR ENDING DECEMBER 31, 1995. The motion was made by Bonnie Bbder-Szidon, seconded by Carey Hewitt and approved by the board. The final Resolution 94-9, of the RESOLUTION 94-9 FORT COLLINS DOWNTOWN DEVELOPMENT AUTHORITY RECOMMENDING TO THE FORT COLLINS CITY COUNCIL THEAPPROPRIATION OFONEMILLION, ONE HUNDRED TWENTY-SIX THOUSAND, SEVEN HUNDRED NINETY�SEVEN DOLLARS ($1,126,797) 1N THE DOWNTOWN DEVELOPMENT AUTHORITY RIND FOR PAYMENT OF DEBT SERVICE FORE THE FISCAL YEAR ENDING DECEMBER 31, 1995. The motion to approve this resolution was made by Gerry Horak and seconded by Jim Martell. DDAIDBA RELATIONSHIP The topic of discussion here is the separation of the two (2) organizations which has already been started by the Executive Committee and is also is reflected in the 1995 Budget by DDA The course of action is slated by a three (3) year reduction in activity until a final severing of the ties. This action may come about sooner with the uncertain future of the DDA, but it was agreed upon that by the December Board meeting a proposal would be put before the Board regarding the eminent future of DBA OLD TOWN SQUARE BRONZE SCULPTURES Progressive Old Town Square has begun placing bronze sculptures in Old Town Plaza. These sculptures are presently on loan, but POTS would like to acquire a specific sculpture featuring three geese. Each goose would cost $16,000 and POTS is asking DOA to pay for one of these geese. After many minutes of discussion it was decided that a rendering should be presented to the Board, to picture this sculpture on the large rock by the fountain. The consensus by the Board was that a'fund raiser, which we would actively support should be our - - plan of action. Our directive or plan of action for the DDA is to promote the downtown buildings and etc. This brought about the motion by Ed Baldwin to reject the contribution, seconded by Bonnie Sixler-Szidon. Motion carried. - Page Three DDA/Board Meeting 1010644 OTHER BUSINESS The employee contract for Sine Polyakov, originally written up by the City of Fort Collins, was rewritten by Lucia Uley to include the following: A. As an employee for DDA she will be under the supervision of the Board of Directors or a supervisor designated by the Board. B. Early Termination by either party will be in writing at least sixty (60) days prior to date of early termination. C. Job Description/DDA to assign duties as deemed necessary by other organizations including but not limited to the DBA. Old Town Diner - It was stated by the Board that a letter should be written to the Lessee, explaining that should the property not be maintained per our contrac4 that we have the right for legal action. It was also discussed to find out ff his lease payments are current and find out about liability coverage. Steve Slezak suggested we go to quarterly meetings instead of monthly. The consensus of the Board was that we should keep the monthly schedule to keep us all on track. ADJOURN There being no further business, Steve Slezak adjoumed the meeting. Ed Baldwin, Secretary DAWNTOWN r d . DEVELOPMENT AUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 Telefox (303) 484-2069 TO: DDA Board of Director ,' FROM: Chip Steiner DATE: August 25, 1994 RE: Cancellation of September Meeting The September DDA Board of Directors meeting is being cancelled. No time -sensitive items are on the agenda. The executive committee will be meeting in September to discuss the administrative consulting contract. Either I or Steve Slezak will be contacting the committee next week to establish a date and time to meet. Finally, for those of you who do not already know, Friday (tomorrow) is June's last day with the DDA. She has taken a job with the City of Greeley Parks Department. To say that she will be missed is the understatement of the century. Please give her a call if you get a chance. Is,