URA Agenda & Minutes 10-08-2013Auoa
TOWN OF AVON, COLORADO
AVON URBAN RENEWAL AUTHORITY MEETING FOR TUESDAY, OCTOBER 8, 2013
MEETING BEGINS AT 8:15 PM
AVON TOWN HALL, ONE LAKE STREET
PRESIDING OFFICIALS
CHAIRMAN RICH CARROLL
VICE CHAIRMAN TODD GOULDING
BOARD MEMBERS DAVE DANTAS, CHRIS EVANS, JENNIE FANCHER
ALBERT "Buz" REYNOLDS, JR., JAKE WOLF
TOWN STAFF
TOWN ATTORNEY: ERIC HEIL TOWN MANAGER: VIRGINIA EGGER TOWN CLERK: PATTY MCKENNY
ALL LIQUOR BOARD 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 TOWN HALLAND RECREATION CENTER, AND AVON LIBRARY
1. CALL TO ORDER AND ROLL CALL
2. APPROVAL OF AGENDA
3. PUBLIC COMMENT
4. BUDGET WORK SESSION
4.1. Review 2014 URA Budget Recommendation (Scott Wright, Finance Director)
5. ADJOURNMENT
FINAL Avon Meeting Agenda 13 10 o8 Page
TOWN OF AVON, COLORADO
MINUTES FOR THE URBAN RENEWAL AUTHORITY MEETING FOR OCTOBER 8, 2013
AVON TOWN HALL, ONE LAKE STREET
1. CALL TO ORDER AND ROLL CALL
Chairman Carroll called the meeting to order at 11:15 PM. A roll call was taken and Board members present
were Dave Dantas, Chris Evans, Jennie Fancher, Todd Goulding, and Jake Wolf. Buz Reynolds was absent.
Also present were Executive Director /Secretary Virginia Egger, Town Attorney Eric Heil, Authority Clerk Patty
McKenny, Finance Director Scott Wright, Budget Analyst Kelly Huitt, as well as members of the public.
There were brief comments made Town Attorney, Eric Heil, who spoke about "conflict of interest" and
"appearances of conflict of interest" as it related to URA decision making, whether or not it would be
required to disclose involvement in any future projects. He noted that this meeting's agenda only addresses
a budget discussion that takes no action, thus there would not likely be any reason for a conflict of interest
report. Of course with future agenda, the disclosure of such conflict would be required.
2. APPROVAL OF AGENDA
There were no changes to the agenda.
3. PUBLIC COMMENT
There were no comments.
4. BUDGET WORK SESSION
4.1. Review 2014 URA Budget Recommendation (Scott Wright, Finance Director)
There was a review of the 2014 budget presented with the following highlights:
■ A 2014 budget must be presented by October 15th per the statutes
■ The entity is recognized as a fund included in the town's reporting entity
■ The main sources of revenues is property tax for the URA plan area
■ It collects taxes but does not levy any mill rates
■ Staff is currently working on the Vectra bank loan refinancing with an update to occur soon
■ There is a fund transfer to CIP Fund towards mall improvements
2014 includes debt service
Reducing town center west maintenance subsidy from $275 to $20oK
There being no further business to come before the Authority, the meeting adjourned at 11:25 PM.
APPROVED:
Rich Carroll
Dave Dantas
Chris Evans
Jennie Fancher
Todd Goulding
Albert "Buz" Reynolds
Jake Wolf
RESPECTFULLY SUBMITTED:
Pa y c1C thority Clerk