MINUTES OF THE MEETING OF THE ADVISORY BOARD OF THE RiNo DENVER GENERAL IMPROVEMENT DISTRICT HELD: Wednesday, at 10:30 a.m. at the RiNo Art District offices, 2901 Blake St., Suite 165, Denver, Colorado ATTENDANCE: The Meeting of the Advisory Board of the, City and County of Denver, Colorado was called and held as shown above and in accordance with the applicable statues of the State of Colorado, with the following directors present and acting: Anne Hayes Tracy Weil Jonathan Kaplan Roberto Eaton Bernard Hurley Jason Winkler Chris Woldum Larry Burgess Karen Good Also in attendance were: Jamie Licko and Alye Sharp of the RiNo Art District; Melissa Rosas, Michael Sapp, Courtney Law, Evan Dreyer, and Tykus Halloway. Director Tom Gordon was absent, absence excuse. CALL TO ORDER Director Hayes called the meeting to order. APPROVAL OF MINUTES The Board unanimously approved minutes from the previous meeting on July 19, 2017 after one minor edit from Director Hayes. REVIEW OF JULY 2017 FINANCIALS: Ms. Licko reviewed the highlights from the previous month s financials, which were distributed to the Board prior to the meeting.
Page 2 of 5 Ms. Licko noted that the audit is complete with no major issues. The only minor issue is that the GID should be doing budget amendments for early pay-offs of the GID loan. The Board will vote later on doing budget amendments for early pay-offs of the GID loan. Expenses were normal, with $4k for the audit so far, with another bill for $1500 coming. $20k to Wenk Associates for the 35 th Street project was paid as well. FINAL PROJECT LIST GO BOND Mr. Dreyer of the Mayor s office reviewed the final GO bond list and the process that lead to the list. He noted that the City of Denver has a 6-year capital program where they fund a little bit on an annual basis; they have been receiving recommendations throughout this year. The Mayor s office worked with City Council to refine this list, and Monday night there was unanimous approval of the package by City Council. The list is organized by project type or purpose with $970 million going toward 450 projects citywide with no property tax increases. The campaign will kick off in early September after final approval, and ballots will arrive in middle of October. Ms. Licko asked about the buckets of money for things like bike lane infrastructure and asked whether or not all the funds were earmarked for certain projects. The City responded that the funds would follow existing plans for infrastructure, but that there were extra funds that could be allocated to needs that the GID could request or lobby for. The City requested that the GID take a vote to endorse the current GO Bond list. After a motion and seconded, the Board voted unanimously to support the GO Bond. BRIGHTON RENAMING UPDATE Ms. Rosas of NDCC distributed the draft response to the letter received on June 9 by the GID Board. She noted that the letter was still a draft and needs to go through upper management. First bullet: formal naming. Transportation and Mobility team wanted to make sure there s no confusion with existing Broadway. The current name is North Broadway North; other names vetted internally: Broadway North, Broadway North Blvd., and Broadway Blvd. Second bullet: There is a possibility that the National Western Center (NWC) will be the partner for properties north of I-70; we need to discuss if that s as a co-petitioner, or how exactly that will work. Third bullet: How will it be paid for? The city is working to reduce or eliminate the costs.
Page 3 of 5 Fourth bullet: Financial support for outcome of street renaming. Public Works will not support financially, but NDCC could possibly support; this will be explored later. Complete list of potential signers would be sent by the City prior to petitioning beginning. Ms. Rosas stated that NDCC feels that this has been a contentious topic with the outreach they ve done so far. NDCC felt it was in everyone s best interest to ensure that this is a community-led effort and the desire of the community. Mr. Sapp reminded everyone that this came about because of community input heard by the Mayor, not originally from their office. Directors Hayes and Winkler asked if it could just be the simplest option, Broadway? Ms. Rosas said it s a valid question and that Transportation and Mobility would have to weigh in on this. Director Hurley asked if there s any way to expedite this process? Director Hayes said they need to know the name before they rewrite the letter, to which Ms. Rosas said she ll work on it. Director Hayes said we need to set up a public meeting or community get together to discuss this soon and prepare talking points. Ms. Rosas will work to find a date for an internal meeting about the name. Mr. Sapp is talking to Kelly Leid of NWC about being a co-petitioner. Ms. Licko asked if we should set a date for a public meeting, but Ms. Rosas is putting together a schedule first so we have an idea of when would be ideal. Director Hayes wants to make sure the GID is making it clear that it has no opinion one way or the other, that the GID is simply facilitating the conversation. Ms. Rosas is drafting the letter on the GID s behalf for our review and finalizing timeline. The GID will work on setting a date for a public meeting. Ms. Licko is working on a press release, speaking points, messaging, invite, etc. for the public meeting a statement on the renaming will happen in conjunction with the invitation to the public meeting. AUDIT UPDATE Ms. Licko clarified that she ll email out the final audit. She let everyone know that auditors book up quickly and we should get on the calendar for next year. The Board voted unanimously to approve working with the same auditor next year. BUDGET AMENDMENT RESOLUTION The GID Board voted unanimously to amend the budget to reflect the GID loan pay-offs by property owners in early 2017. RiNo EXEC COMMITTEE ATTENDANCE AT FUTURE MEETINGS The Board agreed that the Exec Committee will come to all Board meetings quarterly to start, then can change. Ms. Licko will make sure they re at October s board meeting.
Page 4 of 5 2018 BUDGET Ms. Licko informed the Board that the next meeting will be dedicated to the 2018 budget breakdown with a vote to finalize general categories, not specific items. The 2018 work plan will also need to be finalized can be amended later, but would need to do so through City Council. New assessed values will come in August and Ms. Licko will distribute as soon as we know so that we have an idea of how much the GID budget will be for 2018. The GID will also need to hold a public hearing on the budget; the GID Board agreed that they should have the public hearing immediately following the GID Board meeting so that it s all in one. The budget will need to be submitted to the City by Sept. 30. Ms. Licko will send the Board what we did last year so that they have an idea of how detailed it needs to be; detailed budgeting will happen later. PROJECT UPDATES PSYAH 38 th underpass Ms. Licko reminded the Board that almost two years ago, the RiNo Art District won a grant to do a creative lighting project in the 38 th underpass, and have since been working on untangling and figuring the project out for the past two years. Ms. Licko is working with the City to fill the gap, but there may still be more to fill. Ms. Licko informed the Board that there may be a funding request coming at some point since it is a lighting project and since it connects the east and west sides of the district. RiNo Park buildings Ms. Licko reminded the Board that the community worked to save the two future park buildings from demolition. On Sept. 1, City is opening an application for letters of interest (LOIs) to manage these buildings. The Art District Board and BID have expressed strong desire in leading the management, but there is a funding gap to finish the building renovation. The Art District already has some partners who can bring resources, such as Denver Public Library, CU Denver Architecture and Planning, local artists, etc. The Art District is currently working to put together a subcommittee. Once the LOI is out, a meeting will be set up to strategize. RiNo Parking and Access Study The RFP for this study is currently being advanced by the BID, working with parking at the City (who s funding some of it) The study will look at on- and offstreet parking, circulator, management, etc. ADJOURNMENT There being no further business to come before the Board and upon motion duly made, seconded and unanimously carried, the meeting was adjourned.
Page 5 of 5 The foregoing minutes constitutes a true and correct copy of the minutes of the abovereferenced meeting and was approved by the Advisory Board of the RiNo Denver General Improvement District. Secretary to the Board