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HomeMy WebLinkAboutDowntown Development Authority - Minutes - 07/07/2005DOWNTOWN DEVELOPMENT AUTHORITY REGULAR DIRECTORS' MEETING Kim JORDAN, CHAIR 22I-0524 (W) KURT KASTEIN, COUNCIL LIAISON E23-0425 (W) LINDA CBUt,A', STAFF LwsoN 484-2,020 (W) MINUTES OF JULY 7, 2005 REGULAR MEETING THE BOARD OF DIRECTORS OF THE DOWNTOWN DEVELOPMENT AUTHORITY MET IN REGULAR SESSION AT 7:30 A.M. ON JULY 7, 2005 IN THE MEETING ROOM AT HOME STATE BANK LOCATED AT 303 EAST MOUNTAIN AVENUE, FORT COLLINS, CO 80524, PRESENT STEVE TAYLOR, VICE CHAIR JASON MEADORS, SECRETARY/TREASURER JACK WOLFE LARRY STROUD KURT KASTEIN GEORGE BRELIO BILL SEARS ABSENT Kim JORDAN CAREY HEWITT STAFF ROBERT STEINER, EXECUTIVE DIRECTOR LUCIA LILEY, COUNSEL LINDA GULA GUESTS DARIN ATTEBERRY, MARY SCHERPEU, TIM MERRIMAN JIM REIDEHEAD, MICKEY WILLIS, TROY JONES, KATHLEEN BENEDICT. CRAIG BENEDICT, JJ HANNAH, BLUE HOVATER, BASHO PARKS, CALL TO MR. TAYLOR CALLED THE MEETING TO ORDER AT 7:35 A.M. ROLLCALL WAS TAKEN. ORDER APPROVAL OF MR. MEADORS MOVED TO APPROVE THE MINUTES OF JUNE 2, 2005. SECONDED BY MR. WOLFE AND MINUTES PASSED UNANIMOUSLY. CHERRY STREET MR. STEINER REFERRED TO THE PACKET BACKGROUND MATERIAL ON THE PROPOSED CHERRY STREET STATION STATION RESIDENTIAL LOFTS PROJECT LOCATED JUST TO THE WEST OF COLLEGE AVENUE AND ON THE NORTH SIDE OF CHERRY STREET. CONSTRUCTION COST IS ESTIMATED AT $5,035, 1 77. THE ODA 15 BEING REQUESTED TO BUY EASEMENTS, COMPRISING $ 1,106.4 14 OF THE TOTAL. THE COMPLETED BUILDING WILL GENERATE TAX INCREMENT FOR FOUR YEARS BRINGING THE TOTAL AVAILABLE TO $ 1 84.720 WHICH IS THE AMOUNT BEING REQUESTED FROM THE DDA, STAFF SUPPORTS THE REQUEST IN FULL. TROY JONES. APPLICANT FOR THE PROJECT, REVIEWED THE PROPOSAL AND ELABORATED ON THE ENHANCED FAyADE PLANS. THERE WAS DISCUSSION AMONG BOARDMEMBERS CONCERNING THE AMOUNT OF INCREMENT AND HOW THE FINANCING WOULD FLOW WITHIN THE DDA BUDGET; WHERE THE PROJECT IS IN THE CITY REVIEW PROCESS; THE HEIGHT OF THE BUILDING; AND THE FACT THAT THIS 15 A DIFFICULT SITE TO DEVELOP, MR. MEADORS MOVED TO APPROVE THE REQUEST AS SUBMITTED, THE FUNDING MECHANISM TO BE THE TAX INCREMENT FUND. SECONDED BY MR. SEARS AND PASSED UNANIMOUSLY, MR. MEADORS NOTED THAT THE PROJECT MEETS ALL OF OUR PROJECT CRITERIA. NATURE MR. STEINER STATED THE PROPOSAL FROM THE NATIONAL ASSOCIATION FOR INTERPRETATION 15 TO MUSEUM DEVELOP THE CONCEPT PLAN FOR A LIVING MUSEUM. THE MUSEUM INCLUDES THE ROCKY MOUNTAIN RAPTOR PROGRAM AND WOULD BE LOCATED ON THE EAST VINE PROPERTY THAT IS SCHEDULED FOR ANNEXATION INTO THE DDA DISTRICT AT THE JULY 19 CITY COUNCIL MEETING, COST OF THE PLAN IS $25.000. HE STATED STAFF URGES BOARD SUPPORT OF THIS PROPOSAL. DDA BOARD MINUTES PAGE 2 JULY 7, 2005 MS. JUDY SCHERPELZ, DIRECTOR OF THE ROCKY MOUNTAIN RAPTOR PROGRAM, GAVE A BRIEF OVERVIEW OF THE PROJECT AND STATED THEY WOULD APPRECIATE THE FINANCIAL SUPPORT. MR. WOLFE STATED HE LIKED THE APPROACH FROM THE STANDPOINT OF LOOKING AT DIFFERENT ORGANIZATIONS AND THE INPUT PROCESS THAT THEY ARE SEEKING. MR. WOLFE MOVED TO AUTHORIZE UP TO $25,000 TOWARDS THE LIVING MUSEUM CONCEPT PLAN, CONTINGENT UPON THE ANNEXATION INTO THE DDA DISTRICT. SECONDED BY MR. KASTHIN AND PASSED UNANIMOUSLY. OAK STREET MR. STEINER STATED THE BOARD REVIEWED THE REDEVELOPMENT PLANS AND COST ESTIMATES FOR OAK PLAZA STREET PLAZA AT ITS MAY MEETING. AT THAT TIME, THE CITY WAS ASKING FOR $450.000 FROM THE DDA TO HELP PAY FOR THE PROJECT. THE CITY HAS 54NCE REDUCED THE REQUEST TO $.300,000 BY USING GID AND PARKLAND FEE REVENUES. MR. STEINER STATED WHAT IS BEFORE THE BOARD 15 WHETHER THEY WANT TO AUTHORIZE THE FUNDING FOR THE PROJECT AT THE MAY MEETING, MR, TAYLOR HAD REQUESTED INFORMATION ON COSTS TO RENOVATE THE SOUTH SIDE OF THE STAIRWAY AT MOCA. MS. KATHLEEN BENEDICT AND CRAIG K15SLINO FROM THE CITY PARKS DEPARTMENT SHARED WITH THE BOARD THE DESIGN OF THAT AREA AND STATED THE COST ESTIMATE FOR THAT PORTION WOULD BE AN ADDIT INAL $35,000 TO $50,000. THEY STATED THEY ARE WORKING WITH LOCAL ARTISANS TO SEE IF THE FENCING COULD BE PRODUCED LOCALLY WHICH WOULD HELP KEEP THE COSTS DOWN. BOARDMEMf3ER5 DISCUSSED THE PROPOSAL FOR THE SOUTH SIDE AND HOW IT WOULD ENHANCE THE ENTIRE PROJECT. MR. SEARS MOVED TO APPROVE $300,000 FOR THE PROJECT AND UP TO $50,000 FOR THE ADDITIONAL WORK ON THE SOUTH SIOE OF THE STAIRWAY TO MOCA, CONTINGENT UPON CITY COUNCIL APPROPRIATING FUNDS IN THE BOND DEAL. SECONDED BY MR. STROUD AND PASSED UNANIMOUSLY. EXECUTIVE MR. STEINER STATED HIS CONTRACT EXPIRES AT THE END OF JULY. THE DDA EXECUTIVE COMMITTEE IS DIRECTOR RECOMMENDING THAT THE CURRENT CONTRACT BE EXTENDED FOR GO DAYS TO PROVIDE TIME TO CONDUCT A CONTRACT PERFORMANCE REVIEW. MR. WOLFE MOVED TO EXTEND MR. STEINER'S CONTRACT FOR 60 DAYS. SECONDED BY MR, SEARS AND PASSED UNANIMOUSLY BILL SEARS( MR. STEINER STATED THAT BOARDMEMBER BILL SEARS HAS SUBMITTED A REQUEST TO THE DDA (SEE LEASING ATTACHED LETTER INCLUDED IN THE PACKET) ASKING THE BOARD TO LEASE THE SEARS TROSTEL LUMBER REQUEST BUILDING ON LINDEN STREET BETWEEN JEFFERSON STREET AND THE POUDRE RIVER. HE STATED MR. SEARS IS PROPOSING THE FACILITY AS A FARMER'S MARKET. THE CONCEPT HAS BEEN TALKED ABOUT IN THE PAST. HE WENT ON TO NOTE THE BUILDING WOULD PROBABLY WORK WELL AS A FARMER'S MARKET, ALTHOUGH TO OPTIMIZE THAT USE, THE STRUCTURE WOULD NEED CONSIDERABLE REMODELING. M5. LILEY OUTLINED THAT THE BOARD'S PROCEDURE BE THAT MR. SEARS AS A BOARDMEMSER COULD GIVE AN EXPLANATION OF THE PROJECT AND IF THERE ARE OUESTIONS OF MR, SEARS, THE BOARD COULD ASK THEM, THEN MR, SEARS WOULD NEED TO EXCUSE HIMSELF WHILE THE BOARD DISCUSSES THE PROPOSAL IN EXECUTIVE SESSION, MR. SEARS REFERRED TO HIS LETTER INCLUDED IN THE PACKET AND STATED SINCE THE DDA AND THE CITY COUNCIL HAVE DECIDED THAT A FARMER'S MARKET IS A GOOD IDEA, HE ASKED HOW WE COULD NOW PROCEED TO DEVELOP ONE. HE INTRODUCED MR. Jim REIDHEAD, DIRECTOR OF THE RURAL LAND USE CENTER, TO GIVE SOME INSIGHT INTO THE FARMER'S MARKET IDEA AND ITS CONNECTION TO THE GREATER LARIMER COMMUNITY. MR. REIDHEAD GAVE SOME BACKGROUND ON URBAN HEALTH AND RURAL HEALTH AS IT RELATES TO MARKET PUCE AND ECONOMIC RELATIONSHIPS. THE BOARD DISCUSSED THE YEAR ROUND CONCEPT OF THE MARKET, PARKING, THE HISTORICAL STATUS OF THE PROPERTY, AND THE PROXIMITY TO JEFFERSON PARK, WHO WOULD ASSUME THE COST OF THE RETROFIT, AND ESTIMATED VISITOR COUNTS. MR. STEINER STATED A SITE ANALYSIS WOULD NEED TO BE DONE AND ALSO A FEASIBILITY ANALYSIS TO FIGURE OUT HOW TO RUN AND OPERATE A FARMER'S MARKET; AND WHETHER WE SOLICIT THE PRIVATE SECTOR. HE STATED WE WOULD NEED TO GET A CONSULTANT ON BOARD TO DO THE ANALYSIS AND IT COULD TAKE UPWARDS OF SIX MONTHS. DDA BOARD MINUTES PAGE 3 JULY 7, 2005 EXECUTIVE MR. WOLF MOVED TO CLOSE THIS SEGMENT OF THE REGULAR BOARD MEETING AND ADJOURN TO EXECUTIVE SESSION SESSION AT 9:00 A.M. FOR THE PURPOSE OF DISCUSSING REAL ESTATE ISSUES. THIS EXECUTIVE SESSION FOR THE PURPOSES STATED IS AUTHORIZED PURSUANT TO CRS-24-6-402 (4) (1) (1). THE MOTION WAS SECONDED BY MR. STROUD AND PASSED UNANIMOUSLY. MS. LILEY STATED SHE HAD A CONFLICT OF INTEREST WITH ONE OF THE REAL ESTATE ITEMS AND WOULD BE EXCUSING HERSELF FROM THE ROOM. . AT 9:20 A.M. MR. WOLF THEN MOVED PURSUANT TO CRS 24-6-402 (4) (1) (1) TO RETURN FROM EXECUTIVE TO REGULAR SESSION. SECONDED BY MR. STROUD AND PASSED UNANIMOUSLY. MR. TAYLOR STATED THAT THE CONCENSUS AMONG BOARDMEMBERS IS THAT MR. SEAR'S SUGGESTION OF A FARMER'S MARKET IS VALID. HE WENT ON TO NOTE THAT MR. STROUD AND MR. SEARS WOULD SPEND SOME TIME TO WORK OUT SOME OF THE PARTICULARS OF HOW A PRESENTATION COULD BE STRUCTURED FOR THE BOARD. MR, STEINER STATED HE WOULD EMAIL TO THE BOARD THE INFORMATION THAT MR. STROUD AND MR, SEARS ARE ABLE TO PULL TOGETHER SO THAT WE COULD GET A SENSE FROM THE BOARD WHERE IT IS HEADED, THE QUICKER MR. STROUD AND MR. SEARS GET TOGETHER AND DAN PUT SOMETHING IN FRONT OF THE BOARD, THE QUICKER WE CAN GET AN INFORMAL READ FROM THE BOARD AND THEN MR. SEARS CAN DECIDE WHETHER THE RISK IS WORTH M OR NOT AND WHETHER IT SHOULD COME BACK TO THE BOARD AT THE NEXT MEETING. UPDATES ALLEY/OLD TOWN SQUARE PROJECTS - MR. STEINER REFERRED TO THE EMAIL HE SENT TO THE BOARD ON THE PREVIOUS DAY AND STATED HE IS INCLINED TO SUGGEST TO THE BOARD THAT M DROP OTS RENOVATION FROM THE PLAN. MR. STEINER STATED THE ISSUE IS NOT THE ALLEY PROJECT, THE BID/COST ESTIMATES CAME IN RIGHT ON TARGET FOR THE ALLEY PROJECTS; AT ISSUE IS OLD TOWN SQUARE. HE WENT ON TO NOTE HE WOULD LIKE TO SUGGEST WORKING WITH THE CITY AND WORK THROUGH A "FIX UP PROGRAM" THAT THE CITY WOULD PLAN AND MANAGE AND THE DDA WOULD PAY FOR, IT MIGHT MAKE MORE SENSE THAN REDOING THE PLAZA TO SIT DOWN WITH THE CITY AND WORK OUT A MAJOR MAINTENANCE PROGRAM THAT ALSO INCLUDES REPLACEMENT OF ITEMS WHEN NEEDED. IT COULD SAVE AS MUCH AS $ 1 MILLION AND THE RESULTS WOULD BE WELL WORTH IT. HE STATED WE WOULD CONTINUE TO PLAN TO GO AHEAD WITH THE ALLEY PROTECT. MR. STROUD STATED IT SEEMED LIKE WE HAVE A SITUATION NOW THAT IS DIFFERENT THAN WHEN WE MADE THE DECISION TO APPROVE MONEY FOR THE RENOVATION. WE DIDN'T HAVE THE CONTEXT OF UPGRADED, ENHANCED MAINTENANCE WHICH WE ARE NOW SEEING FROM THE CITY. HE WENT ON TO STATE WE STLL HAVE A NEED FOR SOME REPLACEMENT, BUT NOT TOTAL RENOVATION. HE STATED HE THOUGHT WE SHOULD NOT GO WITH THE $ 1 MILLION REPLACEMENT/RENOVATION AND SEE HOW THINGS ARE DOING IN A YEAR. MR. STEINER STATED HE THOUGHT WE NEED TO CYCLE THROUGH THE SUMMER OF 2005 TO REALLY SEE HOW THINGS ARE WORKING OUT MAINTENANCE -WISE, MR. BRELIG ASKED ABOUT DRAINAGE IMPROVEMENTS TO THE SQUARE. MR.STEINER STATED THERE ARE SOME AREAS THAT COULD BE IMPROVED WITHOUT HAVING TO DO THE WHOLE THING. MR. WOOFE STATED GIVEN THE LEVEL OF COOPERATION WITH THE CITY, HE WOULD SUGGEST THAT THIS BECOME A ROUTINE SUDOETED ITEM AND THAT WE BR DOWN WITH THE CITY AND PRIORITIZE WHAT NEEDS TO BE ACCOMPLISHED AND PLAN FOR SOME PROACTIVE MAINTENANCE. MR. KASTEIN ASKED THAT MR. STEINER COME BACK NEXT MONTH AND REPORT WHAT HAS BEEN TALKED ABOUT WITH THE CITY. MR. WOOLE MOVED TO DIRECT THE EXECUTIVE DIRECTOR TO CANCEL GOING FORWARD WITH THE OLD TOWN SQUARE RENOVATION, AND THAT THE ALLEY PROJECT CONTINUE AS ORIGINALLY DISCUSSED, AND THAT THE EXECUTIVE DIRECTOR COME BACK TO THE BOARD WITH RECOMMENDATIONS OF ADDITIONAL IMPROVEMENTS TO THE SQUARE IN CONJUNCTION WITH THE CITY. SECONDED BY MR, STROUD AND PASSED UNANIMOUSLY. OTHER DDA EXECUTIVE BOARD APROINTMENTS - MR. TAYLOR REPORTED THAT THE TERMS FOR TWO EXECUTIVE BUSINESS BOARDMEMBERS WILL BE EXPIRING 1 2/3 1/05, HE PROPOSED PUTTING TOGETHER A COMMITTEE OF MR. MEADORS, MS. JORDAN AND MR. STROUD TO NOMINATE EXECUTIVE BOARD APPOINTEES FOR THE NEXT TERM. THE BOARD AGREED WITH THIS RROPOSAL. MR, WOLFS SUGGESTED GETTING THOUGHTS FROM BOARDMEMSERS ON REPLACEMENTS FOR OUTGOING MEMBERS ALSO. ADJOURN THERE BONO NO FURTHER BUSINESS, THE MEETIN RNED 9:30 P.M. JA$I619 MEADORS, SECRETWIRY