HomeMy WebLinkAboutDowntown Development Authority - Minutes - 09/05/1985cc: Council
&OWNTOWN
DEVELOPMENT
AUTHORITY
102 REMINGTON STREET, FORT COLLINS, COLORADO 80524
DOWNTOWN DEVELOPMENT AUTHORITY
Regular Directors Meeting
September 5, 1985
The Board of Directors of the Downtown Development Authority met in
regular session at 7:30 a.m., September 5, 1985 in the DDA
Conference Room.
There were present:
Staff:
Also:
Barbara Schofield,
George Betz
Barbara Liebler
Bill Friedrichsen
Eldon Ward
Larry Estrada
Earl Wilkinson
Chuck Wanner
Bill Kingsbury,
Chip Steiner
Jan Martin
Chairman presiding
Executive Director
Gene Mitchell
Lyn Boyer
Dick Beardmore
Lee Cooper
Jim Harmon
Greg Denton
Dave Herrera
Sherry Albertson -Clark
Frank Day
Bill Wildman
Absent:
Roger Gunlikson
Carol Osborne
Walt Brown
Leon Sheppard
Chris Sholly
Don Berland
Kathy Phifer
Bruce Downing
Dana Lockwood
Shelley Jones
(303) 484-202C
PRESENT
ABSENT
Dan Larsen
Barbara Schofield called the meeting to order and asked for approval MINUTES
of the minutes of August 15• Earl Wilkinson moved approval,
seconded by Chuck Wanner. There were no additions or corrections.
The first order of business was a discussion of the DDA bond BOND
refinancing with Mr. Bill Wildman and Mr. Jim Harmon. Earl REFINANCING
Wilkinson moved that the DDA Board authorize Mr. Wildman to go ahead
with the bond refinancing seconded by Barbara Liebler. The Board
voted unanimously for this motion. Mr. Wilkinson then moved that a
committee made up of the DDA Board Chairman, the Treasurer, and the
Executive Director be formed as an advisory committee for the bond
refinancing. The Board also unanimously approved this motion.
The next item discussed was the new money financing. Mr. Wildman NEW MONEY
explained the problems with issuing bonds after the first of the
year and the various kinds of bonds which he talked about at the
meeting August 22. After discussion, the Board determined they were
not ready to make any descisions on new money and in fact felt more
information and clarification was needed. Earl Wilkinson suggested
that a separate meeting was needed to further discuss and decide on
the new money financing. A meeting was set up with Mr. Wildman, Mr.
Harmon and the DDA Board for Monday morning 7:30 a.m., September 16
in the DDA Conference Room.
The next item discussed was the garage. Staff asked for discussion GARAGE
on releasing money to Madsen as per the recommendation staff
presented to the Board. Robert Steiner reported that most of the
punch list items were being attended to and the only item to be
resolved was the electrical difficulties. Director Bill
Friedrichsen moved release of the money per staff recommendation
with the exception of any money for the electrical problems.
Director Larry Estrada seconded the motion. A roll call vote was
taken with the following results:
Yes - Earl Wilkinson, Chuck Wanner, Larry Estrada, George
Betz, Eldon Ward, Bill Friedrichsen, and Barbara
Liebler
No - Barbara Schofield
Absent - Dan Larsen
The next item to be discussed was the Linden Hotel. Bruce Downing, LINDEN
of Downing and Leach, and Frank Day, a partner in the Linden Hotel, HOTEL
presented their plans for renovating the Linden Hotel and why more
parking was needed in the vicinity. Gene Mitchell also spoke to the
issue of parking in the Linden Block. After a lengthy discussion,
no decision was made and the Board directed staff to research all
the options for Linden Block parking and come back and present their
findings.
The next item discussed was the amount of help the Board wanted to LARIMER
give Larmier Community Services, Incorporated. Director George Betz COMMUNITY
moved that the DDA fund the project in the. amount of $50,000. SERVICES,
Director Larry Estrada seconded the motion. The Board unanimously
approved the motion and directed staff to write an ordinance and
present it to City Council for the first meeting in October.
Under other business, Sherry Albertson -Clark spoke to the Board
about the attempt of the current owner of the Old Post Office to
obtain a demolition permit so he can tear down the old building.
The Cultural Resources Board is attempting to have the building
designated a local historic structure which could prevent the
building from being destroyed. She asked the DDA for their support
in this effort of the Cultural Resources Board. Eldon Ward moved
support from the DDA to the Cultural Resources Board in their effort
to designate the Old Post Office Building as a local historic
structure. Barbara Liebler seconded this motion, and the Board
voted their unanimous support.
There being no other business, the meeting was adjourned.
Barbara Liebler, Secretary
OLD POST
OFFICE
ADJOURN
a