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URA Agenda & Minutes 11-22-2011TOWN OF AVON, COLORADO AVON AVON URBAN RENEWAL AUTHORITY MEETING FOR TUESDAY, NOVEMBER 22, 2011 " µ MEETING BEGINS AT 4:45 PM AVON TOWN HALL, ONE LAKE STREET PRESIDING OFFICIALS CHAIRMAN RICH CARROLL VICE CHAIRMAN KRISTI FERRARO COMMISSIONERS RICHARD CARROLL, CHRIS EVANS, DAVE DANTAS TODD GOULDING AMY PHILLIPS, ALBERT "Buz" REYNOLDS, JR. STAFF EXECUTIVE DIRECTOR / SECRETARY: LARRY BROOKS ATTORNEY: ERIC HEIL TREASURER: SCOTT WRIGHT AUTHORITY CLERK: PATTY MCKENNY ALL URBAN RENEWAL MEETINGS ARE OPEN TO THE PUBLIC EXCEPT EXECUTIVE SESSIONS COMMENTS FROM THE PUBLIC ARE WELCOME DURING PUBLIC HEARINGS PLEASE VIEW AVON'S WEBSITE, HTTP: / /WWW.AVON.ORG, FOR MEETING AGENDAS AND MEETING MATERIALS AGENDAS ARE POSTED AT AVON MUNICIPAL BUILDING AND RECREATION CENTER, ALPINE BANK, AND AVON LIBRARY 1. ROLL CALL 2. INQUIRY OF THE PUBLIC FOR COMMENT AND APPROVAL OF AGENDA 3. PUBLIC HEARING ON 2012 URA BUDGET 4. CONSENT AGENDA a. Minutes from June 14, 2011 5. ADJOURN AT 5:55 PM Avon Council Meeting. 11. 11.22 Page 2 of 6 MINUTES OF THE AVON URBAN RENEWAL AUTHORITY HELD NOVEMBER 22, 2011 The Avon Urban Renewal Authority meeting was held at the Avon Town Hall, One Lake Street, Avon, Colorado in the Council Chambers. Chairman Rich Carroll called the meeting to order at 4:50 PM. A roll call was taken and Commissioners present were Dave Dantas Chris Evans, Kristi Ferraro, Todd Goulding, Amy Phillips, and Buz Reynolds. Also present were Executive Director /Secretary Larry Brooks, Town Attorney Eric Heil, Authority Clerk Patty McKenny, Town Engineer Justin Hildreth, Treasurer Scott Wright, Assistant Town Manager Community Development Sally Vecchio, as well as members of the press and public. Scott Wright, Treasurer presented a review of the proposed Budget 2012 along with 2011 revisions and long range model for the Authority. It was noted that both include new interest rates that were reset at 6/1/11, as well as the preliminary 2011 property tax increment with a projected decline of 22 %. It was also noted that there would be some savings because of the decrease in the rate from 3.20875% to 2.7295 %, of almost $32K. CONSENT AGENDA Chairman Carroll asked for a motion on the consent agenda. Commissioner Evans moved to approve the consent agenda; Commissioner Phillips seconded the motion and it passed unanimously (Ferraro abstained because she was absent from the meeting). Minutes from June 14, 2011 There being no further business to come before the Authority, the meeting adjourned at 4:55 PM. APPROVED: Rich Carroll Dave Dantas Chris Evans Kristi Ferraro Todd Goulding Amy Phillips Albert "Buz" Reynolds RESPECTFULLY SUBMITTED: ach( Patty McKe uthority Clerk