URA Agenda & Minutes 10-13-2009TOWN OF AVON, COLORADO
AVON URBAN RENEWAL AUTHORITY MEETING FOR TUESDAY, OCTOBER 13, 2009 AV 0 N
MEETING BEGINS AT 5 PM
AVON TOWN HALL, ONE LAKE STREET
PRESIDING OFFICIALS
CHAIRMAN RON WOLFE
VICE CHAIRMAN BRIAN SIPES
COMMISSIONERS RICHARD CARROLL, DAVE DANTAS, KRISTI FERRARO,
AMY PHILLIPS, ALBERT "Buz" REYNOLDS, JR.
STAFF
EXECUTIVE DIRECTOR / SECRETARY: LARRY BROOKS
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. BUDGET PRESENTATION (Scott Wright, treasurer) Review 2010 URA Budget, West Town Center Plans and
revised Long Range Plans from Bernstein & Associates
4. CONSENT AGENDA
a. Minutes from August 25, 2009
5. ADJOURNMENT AT 5:15 PM
Avon Council Meeting. 09.10.13
Page 2 of 5
MINUTES OF THE AVON URBAN RENEWAL AUTHORITY
HELD OCTOBER 13, 2009
The Avon Urban Renewal Authority meeting was held at the Avon Town Hall, One Lake Street,
Avon, Colorado in the Council Chambers.
Chairman Ron Wolfe called the meeting to order at 5 PM. A roll call was taken and
Commissioners present were Rich Carroll, Dave Dantas, Kristi Ferraro, Amy Phillips, Buz
Reynolds, and Brian Sipes. Also present were Executive Director /Secretary Larry Brooks, Town
Attorney Eric Heil, Authority Clerk Patty McKenny, Town Engineer Justin Hildreth, Treasurer
Scott Wright, Planning Manager Matt Gennett, as well as members of the press and public.
BUDGET PRESENTATION
Scott Wright, Treasurer, presented a review of the 2010 URA Budget, West Town Center Plans
and revised Long Range Plans from Bernstein & Associates. He highlighted the following:
• The types of expenditures related to the Urban Renewal Authority: general &
administrative, debt service and capital improvements
•I The refinance of the $25 M Bonds to $7M Bonds with Vectra Bank
•I The Tax Increment Revenues year to date
• The required Bond Reserve Amount
• The Town's Town Center West Fund Budget propsed in order to fund the operations in
that area of town
He noted that the public hearing on the AURA budget is slated for November 10th with final
adoption at the second meeting in November. It was noted that service level hours proposed
would be compared to service level actual at year end 2010.
CONSENT AGENDA
Chairman Wolfe asked for a motion on the consent agenda. Commissioner Sipes moved to
approve the consent agenda; Commissioner Phillips seconded the motion and it passed
unanimously.
a. Minutes from August 25, 2009
There being no further business to come before the Authority, the meeting adjourned at
5:20 PM.
APPROVED:
Rich Carroll
Dave Dantas
Kristi Ferraro
Amy Phillips
Brian Sipes
Albert "Buz" Reynol
Ron Wolfe
RE E TFULLY SUBMITTED:
Patty McKe Authority Clerk