Boulder Urban Renewal Authority adopts resolution to advance administrative cost agreement with City of Boulder

The Boulder Urban Renewal Authority voted unanimously Dec. 18 to adopt Resolution 3, Series 2025, approving an administrative cost allocation agreement with the City of Boulder and authorizing the Authority chair to execute the agreement.

"I make a motion to adopt resolution 3 series 2025," Chair David Beak said as he read the resolution into the record. A committee member seconded the motion; the board then voted "aye," and the motion "passes 3 to 0." The resolution, as read, approves an administrative cost allocation agreement to advance administrative costs and funds to the Boulder Urban Renewal Authority and authorizes the chairperson to execute such an agreement.

Tara Weiner confirmed logistical next steps after the vote, saying the chair would sign the Authority's copy and "Nuria would be signing on behalf of the city," and that Selena would circulate documents for signatures. The board did not discuss changes to the text of the resolution during the meeting and recorded the vote as adopted without dissent.

The measure provides a mechanism for the Authority to receive administrative cost support from the city to carry out urban renewal responsibilities. Board members did not provide additional substantive debate on funding levels or implementation at the meeting; those operational details were not specified in the record.

The chair will sign the agreement as authorized, and staff will circulate the executed documents for the required city signature and recordkeeping.