Colorado Springs Urban Renewal Authority Board Meeting Minutes Final
Wednesday, June 25, 2025
11:00 – 1:00 p.m.
This meeting was a hybrid meeting held in person and through a zoom teleconference.
Item 1 – Call to Order and Roll Call
Chair John Olson called the meeting to order at 11:02 a.m. In attendance at the meeting were Commissioners: Tom Bailey, Mike DeGrant, Gary Feffer, Sam Friesema, Cecilia Harry, Parth Melpakam, John Olson, Wynne Palermo, Anthony Perez, Bob Riefstahl, Mark Tremmel and Bill Wysong. Commissioner Maureen Juran was excused from the meeting.
Item 2 – Approval of May 28, 2025, Meeting Minutes
A motion was made by Commissioner Cecilia Harry, seconded by Commissioner Wynne Palermo to approve the CSURA meeting minutes of May 28, 2025. The motion passed 11 – 0 by Commissioners: Tom Bailey, Mike DeGrant, Sam Friesema, Cecilia Harry, Parth Melpakam, John Olson, Wynne Palermo, Anthony Perez, Bob Riefstahl, Mark Tremmel and Bill Wysong. Commissioner Maureen Juran was excused from the meeting.
Item 3 – Approval of the CSURA Financial Report and Claims as of May 31, 2025
Carrie Bartow, CLA reviewed the financial report and claims as of May 31, 2025, as provided in the agenda packet.
A motion was made by Commissioner Anthony Perez, seconded by Commissioner Parth Melpakam to accept the financial report and approve the claims as of May 31, 2025. The motion passed 11 – 0 by Commissioners: Tom Bailey, Mike DeGrant, Sam Friesema, Cecilia Harry, Parth Melpakam, John Olson, Wynne Palermo, Anthony Perez, Bob Riefstahl, Mark Tremmel and Bill Wysong. Commissioner Gary Feffer entered the meeting and abstained from the vote.
Item 4 – Citizen Discussion
None
Item 5 – Hancock Commons Financing Update
Jariah Walker introduced Ray O’Sullivan who presented a PowerPoint update on the Hancock Commons Urban Renewal Plan that was approved in February of 2023.
Item 6– Ivywild Phase 2 Financing Approval
Jariah Walker introduced Troy Bernberg, who presented the final financing of the project.
A motion was made by Commissioner Bob Riefstahl, seconded by Commissioner Wynne Palermo to approve Resolution No. 05-25:
AUTHORIZING LOAN AGREEMENTS AND RELATED PROJECT DOCUMENTS
The motion passed 12 – 0 by Commissioners: Tom Bailey, Mike DeGrant, Gary Feffer, Sam Friesema, Cecilia Harry, Parth Melpakam, John Olson, Wynne Palermo, Anthony Perez, Bob Riefstahl, Mark Tremmel and Bill Wysong.
Item 7 – Executive Director Report
Jariah Walker presented the June Executive Director report as presented in the agenda packet.
Item 8 – Non-Agenda Item
The board members decided to hold a retreat in the fall. A Doodle poll will determine the date and time.
Item 9 – Adjournment
There being no further business, the meeting adjourned at 12:23 p.m.
The next regular CSURA board meeting is scheduled for July 23, 2025. The board meeting will be held in the Pikes Peak Conference Room at City Hall at 107 N. Nevada Avenue. The board meeting will be a hybrid meeting held both in person and through Zoom teleconference. If you cannot attend in person, please use the Zoom link listed at the top of the agenda. Copies of the Board agendas, minutes and audio recordings are posted on the Colorado Springs Urban Renewal Authority website: www.csura.org