Memorandum, BVRC Revolving Loan Fund Balance' ~ 1
Boulder Urban Renewal Authori4y
7300 Canyon Boulevard
PO Box 791
Boulder, CO 80306
303-441-3276
303-441-4070
www. ci, bo u l der.co.uslbu ra
MEMORANDUM
July 10, 2003
TO: BLJRA Board of Commissioners
FROM: Brad Power, Executive Director
SUBJECT: BVRC Revolvmg Loan Fund Balance
The balance of the BVRC Revolvmg Loan Fund as of June 30, 2003 is $531,470 Two
expenditures have recently been made from the fund:
• BVRC transportatron improvements (m partnership with the Transportation
Division) m the amount of $72,800 for BVRC transrt stop development; and
• The $40,000 grant to the Nmth and Canyon pro~ect for sidewalk/surFace treatment
~mprovements along the l Oth Street pedestrian corridor
There are currently no outstandmg obligatrons associated with the fund