URA Minutes 03-26-2020
MINUTES FOR THE URBAN RENEWAL AUTHORITY MEETING
THURSDAY MARCH 26, 2020
SETUP AS A VIRTUAL MEETING VIA ZOOM DUE TO COVID-19 AND TOWN HALL CLOSURE
1. CALL TO ORDER & ROLL CALL
Start time: 01:50:03
The meeting was hosted in a virtual format, using Zoom.us. Chairwoman Smith Hymes called the meeting to
order at 6:50 p.m. A roll call was taken, and Authority members present were Jennie Fancher, Scott Prince,
Jake Wolf, Amy Phillips, Chico Thuon and Tamra Underwood. Also present were Treasurer Scott Wright,
Town Manager Eric Heil, Police Chief Greg Daly, Town Attorney Paul Wisor, Executive Assistant to the Town
Manager Ineke de Jong, and Authority Clerk Brenda Torres.
2. A PPROVAL OF AGENDA
Start time: 01:50:44
Authority member Underwood moved to approve to agenda as presented. Authority member Fancher
seconded the motion and the motion passed unanimously.
3. PUBLIC C OMMENT – C OMMENTS ARE WELCOME ON ITEMS NOT LISTED ON THE FOLLOWING AGENDA
Start time: 01:51:43
Chairwoman Smith Hymes explained to the public how to participate via video/audio, via telephone, or via
email for public comments. No public comments were made.
4. BUSINESS ITEMS
4.1. RESOLUTION 20-03 ADOPTING AN ELECTRONIC PARTICIPATION POLICY FOR TOWN MEETINGS DURING A LOCAL DISASTER
EMERGENCY (TOWN ATTORNEY PAUL WISOR)
Start time: 01:52:13
Town Attorney Paul Wisor presented. Chairwoman Smith Hymes called for public comments and
no public comments were made. Authority member Fancher moved to approve Resolution 20 -03
Adopting an Electronic Participation Policy for Town Meetings During a Local Disaster Emergency.
Vice Chairwoman Phillips seconded the motion and the motion passe d unanimously by Authority
members present.
4.2. RESOLUTION 20-01 DESIGNATING LOCATIONS FOR POSTING THE NOTICES OF PUBLIC MEETINGS (TOWN ATTORNEY PAUL
WISOR)
Start time: 01:54:13
Town Attorney Paul Wisor presented. Chairwoman Smith Hymes called for public comments and
no public comments were made. Authority member Fancher moved to approve Resolution 20 -01
Designating Locations for Posting the Notices of Public Meetings. Authority member Wolf
seconded the motion and the motion passed unanimously by Au thority members present.
4.3. ENGAGEMENT LETTER WITH BUTLER SNOW AS BOND COUNSEL FOR THE PURPOSE OF REFINANCING THE AUTHORITY’S
OUTSTANDING 2013 BONDS (TREASURER SCOTT WRIGHT)
Start time: 01:56:03
Treasurer Scott Wright presented. Chairwoman Smith Hymes called for public comments and no
public comments were made. Authority member Fancher moved to approve Engagement Letter
with Butler Snow as Bond Counsel for the Purpose of Refinancing the Authority’s Outstanding
2013 Bonds. Authority member Wolf seconded the motion and the motion passed unanimously by
Authority members present.
MINUTES FOR THE URBAN RENEWAL AUTHORITY MEETING
THURSDAY MARCH 26, 2020
SETUP AS A VIRTUAL MEETING VIA ZOOM DUE TO COVID-19 AND TOWN HALL CLOSURE
4.4. ENGAGEMENT LETTER WITH PIPER SANDLER AS PRIVATE PLACEMENT AGENT FOR THE PURPOSE OF REFINANCING THE
AUTHORITY’S OUTSTANDING 2013 BONDS (TREASURER SCOTT WRIGHT)
Start time: 01 :58:06
Treasurer Scott Wright presented. Chairwoman Smith Hymes called for public comments and no
public comments were made. Authority member Underwood moved to approve Engagement
Letter with Piper Sandler as Private Placement Agent for the Purpose of Refi nancing the
Authority’s Outstanding 2013 Bonds. Authority member Wolf seconded the motion and the
motion passed unanimously by Authority members present.
4.5. PUBLIC HEARING RESOLUTION 20-02 APPROVING AND DIRECTING THE EXECUTION OF A LOAN AGREEMENT FOR THE
PURPOSE OF REFINANCING THE AUTHORITY’S TAX INCREMENT REVENUE BONDS, SERIES 2013 (TREASURER SCOTT
WRIGHT)
Start time: 01:59:53
Treasurer Scott Wright presente d and answered questions from Aut hority members . Bond
Counsel Dee Wisor and Jonathan Heroux with Piper Sandler were present. Chairwoman Smith
Hymes opened the Public Hearing and no public comments were made. Authority member Wolf
moved to approve Resolution 20 -02 A Resolution of the Board of Commissioners of the Avon
Urban Renewal Authority Approving and Directing the Execution and Delivery of a Loan
Agreement for a Loan for the Purpose of Refinancing the Authority’s Tax Increment Revenue
Bond, Series 2013 and Approving Actions and Do cuments in Connection Therewith. Authority
member Fancher seconded the motion and the motion passed unanimously by Authority
members present.
4.6. APPROVAL OF DECEMBER 10, 2019 URA MEETING MINUTES (AUTHORITY CLERK BRENDA TORRES)
Start time: 02:07:27
Authority member Fancher moved to approve the URA Minutes from December 10, 2019 as
presented. Authority member Wolf seconded the motion and the motion passed unanimously by
Authority members present.
5. ADJOURNMENT
There being no further business to come before the Authority, Chairwoman Smith Hymes moved to adjourn
the meeting. The time was 7:08p.m.
MINUTES FOR THE URBAN RENEWAL AUTHORITY MEETING
THURSDAY MARCH 26, 2020
SETUP AS A VIRTUAL MEETING VIA ZOOM DUE TO COVID-19 AND TOWN HALL CLOSURE
These minutes are only a summary of the proceedings of the meeting. They are not intended to be
comprehensive or to include each statement, person speaking or to portray with complete accuracy. The most
accurate records of the meeting are the audio of the meeting, which is housed in the Town Clerk' s office, and
the video of the meeting, which is available at www.highfivemedia.org.
RESPECTFULLY SUBMITTED:
______________________________
Brenda Torres, Authority Clerk
APPROVED:
Sarah Smith Hymes ___________________________________
Amy Phillips
Jake Wolf
Chico Thuon
Jennie Fancher
Scott Prince
Tamra Underwood