Colorado Springs Urban Renewal Authority Board Meeting Minutes Final
Wednesday, July 23, 2025
11:00 – 1:00 p.m.
This meeting was a hybrid meeting held in person and through zoom teleconference
Item 1 – Call to Order and Roll Call
Chair John Olson called the meeting to order at 11:05 a.m. In attendance at the meeting were Commissioners: Tom Bailey, Mike DeGrant, Gary Feffer, Sam Friesema, Cecilia Harry, Maureen Juran, Parth Melpakam, John Olson, Wynne Palermo, Anthony Perez, Mark Tremmel, and Bill Wysong. Commissioner Bob Riefstahl was excused from the meeting.
Item 2 – Approval of June 25, 2025, Meeting Minutes
A motion was made by Commissioner Mark Tremmel, seconded by Commissioner Anthony Perez to approve the CSURA meeting minutes of June 25, 2025. The motion passed 11 – 0 by Commissioners: Tom Bailey, Gary Feffer, Sam Friesema, Cecilia Harry, Maureen Juran, Parth Melpakam, John Olson, Wynne Palermo, Anthony Perez, Mark Tremmel, and Bill Wysong.
Item 3 – Approval of the CSURA Financial Report and Claims as of June 30, 2025
Carrie Bartow, CLA reviewed the financial report and claims as of June 30, 2025, as provided in the agenda packet.
A motion was made by Commissioner Anthony Perez, seconded by Commissioner Tom Bailey to accept the financial report and approve the claims as of June 30, 2025. The motion passed 11 – 0 by Commissioners: Tom Bailey, Gary Feffer, Sam Friesema, Cecilia Harry, Maureen Juran, Parth Melpakam, John Olson, Wynne Palermo, Anthony Perez, Mark Tremmel, and Bill Wysong.
Item 4 – Citizen Discussion
None
Item 5 – Polaris Pointe URA Update
Jariah Walker introduced Tim Mitros who came before the board on behalf of Gary Erickson, the developer of the Polaris Pointe URA. The URA project was to be completed in two phases. Phase One is complete. Tim updated the board on the progress of Phase Two. Tim distributed a map of the area along with a list of over 100 active businesses and anticipated new ones.
Item 7 – Hancock Commons Financing Pledge Approval & Amendment/Agreement
Jariah Walker and David Neville presented the amendment and TIF pledge agreement and resolutions.
A motion was made by Commissioner Wynne Palermo, seconded by Commissioner Anthony Perez to approve Resolution No. 06-25 and Resolution No. 07-25:
Resolution No. 06-25:
A RESOLUTION OF THE COLORADO SPRINGS URBAN RENEWAL AUTHORITY APPROVING THE FIRST AMENDMENT TO URBAN RENEWAL AGREEMENT FOR REDEVELOPMENT OF THE HANCOCK COMMONS URBAN RENEWAL AREA
Resolution No. 07-25:
A RESOLUTION OF THE COLORADO SPRINGS URBAN RENEWAL AUTHORITY APPROVING THE PLEDGE AGREEMENT IN SUPPORT OF LIMITED TAX GENERAL OBLIGATION AND SPECIAL REVENUE BONDS TO BE ISSUED BY HANCOCK METROPOLITAN DISTRICT NO. 2 IN CONNECTION WITH DEVELOPMENT OF THE HANCOCK COMMONS URBAN RENEWAL AREA
The motion passed 10 – 0 by Commissioners: Tom Bailey, Mike DeGrant, Sam Friesema, Cecilia Harry, Maureen Juran, Parth Melpakam, John Olson, Wynne Palermo, Anthony Perez, and Bill Wysong. Commissioner Mark Tremmel was recused from the vote.
Item 8 – Executive Director Report
Jariah Walker presented the July Executive Director report as presented in the agenda packet.
Item 9 – Non-Agenda Item
Item 10 – Adjournment
There being no further business, the meeting adjourned at 12:55 p.m.
The next regular CSURA board meeting is scheduled for August 27, 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