07-20-2006 Community Redevelopment Authority Regular Meeting Packet
Community Redevelopment
Authority (CRA)
Thursday, July 20, 2006
Regular Meeting Packet
Board Members:
Lee Elliott
Tom Gdowski
Barry Sandstrom
Sue Pirnie
Glen Murray
4:00 PM
Grand Island City Hall
100 E 1st Street
Grand Island Regular Meeting - 7/20/2006 Page 1 / 28
Call to Order
Roll Call
A - SUBMITTAL OF REQUESTS FOR FUTURE ITEMS
Individuals who have appropriate items for City Council consideration should complete the Request for
Future Agenda Items form located at the Information Booth. If the issue can be handled administratively
without Council action, notification will be provided. If the item is scheduled for a meeting or study
session, notification of the date will be given.
B - RESERVE TIME TO SPEAK ON AGENDA ITEMS
This is an opportunity for individuals wishing to provide input on any of tonight's agenda items to reserve
time to speak. Please come forward, state your name and address, and the Agenda topic on which you will
be speaking.
DIRECTOR COMMUNICATION
This is an opportunity for the Director to comment on current events, activities, and issues of interest to
the commission.
Grand Island Regular Meeting - 7/20/2006 Page 2 / 28
Community Redevelopment
Authority (CRA)
Thursday, July 20, 2006
Regular Meeting
Item A1
Agenda
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 7/20/2006 Page 3 / 28
AGENDA
Thursday, July 20, 2006
4:00 p.m.
City Hall
Open Meetings Notifications (Posters on Wall)
1.Call to Order Barry Sandstrom
2.Approval of Minutes of June 14, 2006 Meeting.
3.Approval of Financial Reports
4.Approval of Bills
5.Resolution to approve request from Hall County Board for partial funding to remove a
building located at 233-235 South Locust Street.
6.Resolution to approve preliminary budget and levy request for the 2006-07 Budget
7.Report from sub-committee reviewing consultant qualifications for CRA Area #6 and make
selection of firm to negotiate with for a contract for services.
8.Review of Committed Projects and CRA Properties
9.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS
RETURN TO REGULAR SESSION
10.Approve Resolution or Resolutions to Purchase/Sell Property
11.Directors Report
12.Adjournment
Next Meeting August 9, 2006 4:00
Grand Island Regular Meeting - 7/20/2006 Page 4 / 28
Community Redevelopment
Authority (CRA)
Thursday, July 20, 2006
Regular Meeting
Item B1
Minutes
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 7/20/2006 Page 5 / 28
OFFICIAL PROCEEDINGS
MINUTES OF
COMMUNITY REDEVELOPMENT AUTHORITY
MEETING OF
June 14, 2006
Pursuant to due call and notice thereof, a Regular Meeting of the
Community Redevelopment Authority of the City of Grand Island,
Nebraska was conducted on June 14, 2006, at City Hall 100 E First
Street. Notice of the meeting was given in the June 7, 2006 Grand
Island Independent.
1. CALL TO ORDER Chair Barry Sandstrom called the meeting to
order at 4:03 p.m. The following members were present: Lee
Elliott, Glen Murray, Sue Pirnie, Barry Sandstrom, Tom Gdowski.
Also present were; Director, Chad Nabity; Legal Counsel, Duane
Burns; Secretary, Barb Quandt; City Finance Director, Dave
Springer; County Board Chair, Pam Lancaster; Cindy Johnson,
Christa Bootsmas, Tracy Overstreet.
2. APPROVAL OF MINUTES. Motion by Pirnie, second by Gdowski to
approve the minutes of the Community Redevelopment Authority
meeting of May 10, 2006. Upon roll call vote, all present voted aye.
Motion carried unanimously.
3. APPROVAL OF FINANCIAL REPORTS. Springer reviewed the
financial reports for the period of May 1, 2006 through May 31,
2006. He noted total ending cash is $1,127.759. Motion by Elliott,
second by Murray, to approve the financial reports. Upon roll call
vote, all present voted aye. Motion carried unanimously.
4. APPROVAL OF BILLS. The bills were reviewed by the Authority.
Motion by Murray, second by Gdowski to approve the bills in the
amount of $8,646.55. Upon roll call vote, all present voted aye.
Motion carried unanimously to approve the payment of bills in the
amount of $8,646.55.
Grand Island Regular Meeting - 7/20/2006 Page 6 / 28
5.CONSIDERATION OF A GRANT REQUEST FROM THE HALL
COUNTY BOARD OF SUPERVISORS. Pam Lancaster was present
to answer questions regarding the Grant request. The County is
asking for assistance with the demolition and associated costs to
tear down a duplex immediately adjacent to the Beltzer Building,
which houses the County Attorney’s Offices. She explained that
the County was asking for approximately 50% of the costs for
the project. Lancaster explained that the building was unsightly
and would be considered to be a blighted and substandard area.
She also explained that the County Attorney’s Office serves the
needs of the citizens of Grand Island. In addition to removing
the unsightly building, this project would allow for the addition
of much needed parking spaces. Lancaster stated that this
project would be completed within the next 12 months if the CRA
partners with the County. A motion to approve $37,500 to
assist with project was made by Gdowski and seconded by
Pirnie. Upon roll call vote, all present voted aye. Motion
carried unanimously.
6.DISCUSSION OF 2006-07 BUDGET. Discussion concerning next
budget cycle reiterated desire for $200,000 line item for façade
improvement. Discussion regarding a letter received from the
Downtown BID to the Mayor and Council asking for assistance
with projects in the downtown area. Priority 3 of the letter
proposed to facilitate a plan to address the parking issues
associated with marketing the Masonic Temple building by
removing the Bartenbach Hotel and GI Music Building and
creating parking lots. Also, included in the discussion was
Priority 4 of the letter which addressed historical building
restoration and upper level housing. Cindy Johnson and Christa
Bootsmas were present to address these issues and to facilitate
the discussion. Johnson stated that the BID is looking to the
CRA as a potential partner with them. Sandstrom suggested
speaking with any interested developer regarding block TIF.
After much discussion, Authority members asked Johnson to
carry the message back to BID that the CRA would be interested
in partnering with them on downtown projects if a developer
could come up with a plan that makes economic sense.
Grand Island Regular Meeting - 7/20/2006 Page 7 / 28
At the last meeting of the CRA, Council Member Hornady asked
Authority members to look into the possibility of setting aside
funds to help pay for maintenance of the South Locust
landscaping. It has been determined that in order to participate
in this activity, it would be necessary to amend the general
redevelopment plan for CRA area #2.
Nabity suggested that in order to accomplish getting the budget
to the Council in an appropriate time frame we would need to
hold a budget hearing at the next meeting. Nabity will prepare a
proposed budget, listing committed projects etc., and mail to
members well in advance of the next scheduled meeting for their
review.
APPOINT SUB-COMMITTEE TO REVIEW QUALIFICATIONS FOR
CRA AREA #6. Statements of Qualifications were received from
six Nebraska firms. A sub-committee needs to be appointed to
review and evaluate the Qualifications and proposed Scope of
Services prior to selecting a firm with which to begin
negotiations for services. Sandstrom asked Gdowski and Murray
to serve with him to form a sub-committee to review these
firms. They will meet prior to the next CRA meeting and bring
their recommendations before the full group.
8.REVIEW OF REQUEST FOR DEVELOPMENT PROPOSALS. The
former Grand Island Star Motel property was discussed. Nabity
reported that the buildings have been cleared and he will
arrange for a property appraisal. He reported that Mike Galvan
will clean up and level property to make a nice product to sell. It
was suggested that obtaining large generic signage, which could
be used to later advertise other property, possibly could be
purchased and placed on the former Star Motel property. Nabity
will research costs.
9. REVIEW OF COMMITTED PROJECTS. Nabity reported on current
committed projects. The question of whether any of the CRA
properties could be used for Habitat For Humanity houses was a
possibility for this purpose. It was suggested that the property
located at 408 E. 2nd was a possibility for this purpose. Nabity
stated that it is anticipated that the Martin Building project will
soon be completed.
Grand Island Regular Meeting - 7/20/2006 Page 8 / 28
10. ADJOURN TO EXECUTIVE SESSION. Motion by Gdowski second
by Pirnie adjourn to executive session at 5:08 p.m . Upon roll
call vote, all present voted aye. Motion carried unanimously.
The purpose of the Executive Session was to discuss
thoughts/ideas of the CRA members on the job performance of
the CRA Director for the last year. Motion by Gdowski
seconded by Murray to return to regular session at 5:40 p.m.
Upon roll call vote, all present voted aye. Motion carried
unanimously.
11. APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL
PROPERTY.
12.DIRECTOR’S REPORT. Nabity had no further information to
report.
13. ADJOURNMENT. Chairman Sandstrom adjourned the meeting
at 5:42 p.m.
Respectfully submitted,
Chad Nabity
Director
Grand Island Regular Meeting - 7/20/2006 Page 9 / 28
Community Redevelopment
Authority (CRA)
Thursday, July 20, 2006
Regular Meeting
Item C1
Financial Reports
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 7/20/2006 Page 10 / 28
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2006
MONTH ENDED 2005 - 2006 2006 REMAINING
JUNE 2006 YEAR TO DATE BUDGET BALANCE
CONSOLIDATED
Beginning Cash 1,127,759 1,139,804 1,139,804
REVENUE:
Property Taxes 180,317 483,500 640,864 157,364
Loan Proceeds 8,785 8,785
Interest Income 5,205 21,938 9,000 (12,938)
Land Sales - - 50,000
Other Revenue - 1,938 - (1,938)
TOTAL REVENUE 194,307 516,161 699,864 142,488
TOTAL RESOURCES 1,322,065 1,655,965 1,839,668 142,488
EXPENSES
Auditing & Accounting - 5,888 8,000 2,113
Legal Services 75 2,999 10,000 7,001
Consulting Services - - 15,000 15,000
Contract Services 8,549 34,224 50,000 15,776
Printing & Binding - - 1,500 1,500
Other Professional Services - - 5,000 5,000
General Liability Insurance - - - -
Matching Grant - - - -
Legal Notices 22 247 1,000 753
Licenses & Fees - - - -
Travel & Training - - 1,500 1,500
Other Expenditures - (50) 500 550
Office Supplies - 49 750 701
Supplies - - 500 500
Land - 160,608 200,000 39,392
Façade Improvement - 60,520 150,000 89,480
South Locust - 3,900 150,000 146,100
Alleyway Improvement - - - -
Other Projects - - 500,000 500,000
Bond Principal 41,803 82,022 71,993 (10,029)
Bond Interest 32,359 66,302 72,674 6,372
Interest Expense - - - -
- - -
TOTAL EXPENSES 82,809 416,708 1,238,417 821,709
INCREASE(DECREASE) IN CASH 111,498 99,452 (538,553) (679,221)
ENDING CASH 1,239,257 1,239,257 601,251 (679,221)
LESS COMMITMENTS 942,630
AVAILABLE CASH 296,627 1,239,257 601,251 (679,221)
CHECKING 541,042
PETTY CASH 50
INVESTMENTS 698,165
Total Cash 1,239,257
Grand Island Regular Meeting - 7/20/2006 Page 11 / 28
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2006
MONTH ENDED 2005 - 2006 2006 REMAINING
JUNE 2006 YEAR TO DATE BUDGET BALANCE
CRA
GENERAL OPERATIONS:
Property Taxes 117,630 354,460 492,540 138,080
Interest Income 5,175 21,619 9,000 (12,619)
Land Sales - 50,000
Other Revenue & Motor Vehicle Tax 1,938 (1,938)
TOTAL 122,805 378,017 551,540 123,523
GILI TRUST
Property Taxes 32,233 64,088 65,780 1,692
Interest Income - -
Other Revenue - -
TOTAL 32,233 64,088 65,780 1,692
CHERRY PARK LTD II
Property Taxes 30,453 60,549 59,180 (1,369)
Interest Income 21 189 - (189)
Other Revenue - - -
TOTAL 30,474 60,738 59,180 (1,558)
GENTLE DENTAL
Property Taxes 3,307 4,202 895
Interest Income 1 4 - (4)
Other Revenue - - -
TOTAL 1 3,311 4,202 891
PROCON TIF
Property Taxes 8,785 8,785 19,162 10,377
Interest Income 3 83 - (83)
Other Revenue - - -
TOTAL 8,788 8,867 19,162 10,295
WALNUT HOUSING PROJECT
Property Taxes 1,096 - (1,096)
Interest Income 5 44 - (44)
Other Revenue - - -
TOTAL 5 1,139 - (1,139)
TOTAL REVENUE 194,307 516,161 699,864 133,703
Grand Island Regular Meeting - 7/20/2006 Page 12 / 28
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2006
MONTH ENDED 2005 - 2006 2006 REMAINING
JUNE 2006 YEAR TO DATE BUDGET BALANCE
EXPENSES
CRA
GENERAL OPERATIONS:
Auditing & Accounting 5,888 8,000 2,113
Legal Services 75 2,999 10,000 7,001
Consulting Services - 15,000 15,000
Contract Services 8,549 34,224 50,000 15,776
Printing & Binding - 1,500 1,500
Other Professional Services - 5,000 5,000
General Liability Insurance - - -
Matching Grant - -
Legal Notices 22 247 1,000 753
Licenses & Fees - - -
Travel & Training - 1,500 1,500
Other Expenditures (50) 500 550
Office Supplies 49 750 701
Supplies - 500 500
Land 160,608 200,000 39,392
PROJECTS
Façade Improvement 60,520 150,000 89,480
South Locust 3,900 150,000 146,100
Alleyway Improvement - - -
Other Projects - 500,000 500,000
TOTAL CRA EXPENSES 8,647 268,384 1,093,750 825,366
GILI TRUST
Bond Principal 20,554 40,318 37,279 (3,039)
Bond Interest 12,336 25,462 28,501 3,039
TOTAL GILI EXPENSES 32,890 65,780 65,780 -
CHERRY PARK LTD II
Bond Principal 16,118 31,635 29,322 (2,313)
Bond Interest 13,472 27,545 29,858 2,313
TOTAL CHERRY PARK EXPENSES 29,590 59,180 59,180 -
GENTLE DENTAL
Legal Services - -
Bond Principal 929 1,820 1,735
Bond Interest 1,172 2,382 2,467 85
TOTAL GENTLE DENTAL 2,101 4,202 4,202 85
PROCON TIF
Legal Services - - -
Interest Expense - - -
Licenses & Fees - - -
Other Expenditures - - -
Bond Principal 4,203 8,249 3,657 (4,592)
Bond Interest 5,378 10,912 11,848 936
TOTAL PROCON TIF 9,581 19,162 15,505 (3,657)
TOTAL EXPENSES 82,809 416,708 1,238,417 821,793
Grand Island Regular Meeting - 7/20/2006 Page 13 / 28
Community Redevelopment
Authority (CRA)
Thursday, July 20, 2006
Regular Meeting
Item D1
Bills
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 7/20/2006 Page 14 / 28
July 20, 2006
TO: Community Redevelopment Authority Board Members
FROM: Chad Nabity, Planning Department Director
RE: Bills Submitted for Payment at July 20, 2006 CRA Meeting
The following bills have been submitted to the Community Redevelopment
Authority Treasurer for preparation of payment.
City of Grand Island
Administration $ 1,250.00
Accounting $ 375.00
Grand Island Independent
Monthly & Redevelopment Plan Notices
Mayer, Burns, Ahlschwede & Koenig $187.50
Galvan Construction Inc.$7,500.00
Quality Cut Shrub & Lawn Care Inc.$100.00
Total:
$ 9,412.50
Grand Island Regular Meeting - 7/20/2006 Page 15 / 28
Community Redevelopment
Authority (CRA)
Thursday, July 20, 2006
Regular Meeting
Item E1
Committed Projects
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 7/20/2006 Page 16 / 28
COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE
Comprehensive Downtown
Plan
$2,080 Remaining Partial Payments made
March 2006-Contract
Approved
Heartland Events Ctr $430,000 September 2006
Central NE Human Soc.$258,000 Spring 2007
Housing Study $8,250 December 2007
JEO Building $117,000 April 2007
Cristo Cordero $35,000 January 2007
Maudies Stained Glass $92,300 January 2007
Total Committed $942,630
CRA PROPERTIES
Address Purchase Price Purchase Date Demo Cost Status
203 E 1st St.$68,627 10-09-02 $23,300 Surplus
217 E 1st St $17,000 03-20-03 $6,500 Surplus
408 E 2nd St $6,000 11-11-05 $7,500 Demo
Complete
2707 and 2709
S. Locust
$155,740 12-30-05 Demo
In Process
June 30, 2006
Grand Island Regular Meeting - 7/20/2006 Page 17 / 28
Community Redevelopment
Authority (CRA)
Thursday, July 20, 2006
Regular Meeting
Item G1
Hall County Request
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 7/20/2006 Page 18 / 28
July 28, 2006
James M. Eriksen, Chairman
Hall County Board of Supervisors
121 S. Pine Street
Grand Island, NE 68801
Re: Grand Request for 233-235 South Locust Demolition
Dear Jim:
Enclosed you will find a copy of CRA Resolution #70 passed by the Grand Island
Community Redevelopment Authority. This resolution approves that a maximum of
$37,500 can be spent for the demolition and subsequent redevelopment of property
located at 233 and 235 South Locust Street in Grand Island. The CRA has agreed to pay
50% of the costs of this project to a maximum of $37,500.
The CRA will consider payment upon final completion of this project as approved by a
certificate of final completion approved by the Hall County Board of Supervisors. Please
submit this certificate and bills showing that at least the projected $75,000 was spent in
cash or kind on the project when requesting payment. The CRA Board meets monthly
and considers payment of bills at each meeting. Bills must be submitted to the CRA
Director at least one week before the scheduled meeting to be considered for payment.
Good luck on your project. It will make an improvement to the area and the CRA Board
is excited about partnering with you on this project.
Sincerely,
Chad Nabity, AICP, Director
Grand Island Community Redevelopment Authority
Enc. Resolution #70
Grand Island Regular Meeting - 7/20/2006 Page 19 / 28
COMMUNITY REDEVELOPMENT AUTHORITY
OF THE CITY OF GRAND ISLAND, NEBRASKA
RESOLUTION #70
A RESOLUTION APPROVING GRANT TO DEMOLISH AND REMOVE BUILDING
DEBRIS - REDEVELOPMENT OF GOVERNMENT AREA
WHEREAS, the Community Redevelopment Authority of the City of Grand Island,
Nebraska (“Authority), in furtherance of the purposes and pursuant to the provisions of Section
18-2101 to 18-2154, Reissue of Revised Statutes of Nebraska, 1997, as amended (the “Act”) has
recommended and the City of grand Island (“City”) has adopted a Redevelopment Plan for a
blighted and substandard area designated by the City as Redevelopment Area No. 1 (the
“Redevelopment Area”); and
WHEREAS, pursuant to any furtherance of the act, the Authority has been requested by
the Hall County Board of Supervisors to grant funds for the demolition of a two-story duplex
located at 233-235 South Locust Street, Grand Island, Nebraska, remove asbestos, make wall
improvements to adjoining building and pave the resultant parking lot to improve the
government center; and
WHEREAS, the Authority has considered the Grant request at a public meeting on June
14, 2006 and found that such redevelopment project would be an improvement to the area in
conformity with the plan and without requiring the an Amendment to the overall Redevelopment
Plan.
NOW, THEREFORE, be it resolve by the Community Redevelopment Authority of the
City of Grand Island, Nebraska as follows:
1. The Authority hereby determines that the cost estimates for the proposed
redevelopment project as follows:
Demolition costs - $36,000
Asbestos removal costs - $4,995
Shared wall repair costs to install new brick fill - $20,000
Paving materials (County Public Works will provide labor) - $15,000
are fair and reasonable and that the project improvements would promote the harmonious
development of the City and its environs and will promote the health, safety, order, convenience
and the general welfare as well as efficiency and economy of development for, among other
things, traffic, vehicular parking and safety from fire and other dangers in the redevelopment
area.
2. Subject to the approval of the project by the Hall County Board of Supervisors, the
Authority hereby approves a Grant in the amount of $37,500.00 to be paid to the County of Hall
upon completion of the project improvements after a Certificate of Completion is issued
Grand Island Regular Meeting - 7/20/2006 Page 20 / 28
certifying that the improvements were made and completed according to plans and specifications
prepared by the County of Hall.
3. The Chair and the Secretary of the Authority are hereby authorized and directed to
execute and deliver any documents contemplated or necessary in connection with this project.
IN WITNESS WHEREOF, the undersigned members of the Community Redevelopment
Authority of the City of Grand Island, Nebraska, hereby pass and adopt this Resolution and is in
force this 20th day of July, 2006.
COMMUNITY REDEVELOPMENT AUTHORITY
OF THE CITY OF GRAND ISLAND, NEBRASKA
Chair ______________________________________
ATTEST:
Secretary_______________________
Grand Island Regular Meeting - 7/20/2006 Page 21 / 28
Community Redevelopment
Authority (CRA)
Thursday, July 20, 2006
Regular Meeting
Item K1
Budget
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 7/20/2006 Page 22 / 28
COMMUNITY REDEVELOPMENT AUTHORITY
FY 2006 - 2007 BUDGET
2004 2005 2006 2006 2007
Actual ACTUAL Revised Budget Projected Budget
CONSOLIDATED
Beginning Cash 1,159,196 1,110,533 1,139,803 1,139,803 1,324,608
REVENUE:
Property Taxes 576,254 590,228 640,864 678,100 715,336
Loan Proceeds -
Interest Income 14,416 15,926 9,000 17,320 10,000
Land Sales - 13,434 50,000 - 100,000
Other Revenue - 21,872 - 1,938 -
TOTAL REVENUE 590,670 641,460 699,864 697,358 825,336
TOTAL RESOURCES 1,749,866 1,751,993 1,839,667 1,837,161 2,149,944
EXPENSES
Auditing & Accounting 12,750 4,700 8,000 7,000 8,000
Legal Services 7,599 5,907 10,000 6,000 10,000
Consulting Services 1,250 8,000 15,000 5,000 15,000
Contract Services 26,323 22,716 50,000 40,000 50,000
Printing & Binding 984 555 1,500 800 1,500
Other Professional Services 3,250 - 5,000 2,000 5,000
General Liability Insurance - - - - -
Legal Notices 314 474 1,000 600 1,000
Licenses & Fees 62 - - - -
Travel & Training - - 1,500 - 1,500
Other Expenditures 149,008 - 500 100 500
Office Supplies 292 246 750 250 750
Supplies - - 500 - 500
Land - 17,521 200,000 165,000 115,000
Committed Façade Improvements 245,000
New Façade Improvement 221,655 195,699 150,000 100,000 100,000
South Locust 12,000 150,000 150,000 3,900 -
Alleyway Improvement 7,674 - - - -
Other Projects 59,276 61,948 500,000 -100,000
Committed Other Projects 725,000
Property Taxes BID Fees 4,000
Property Management 2,000
Bond Principal 62,450 72,009 71,993 86,707 118,906
Bond Interest 74,446 72,415 72,674 95,196 103,890
TOTAL EXPENSES 639,333 612,190 1,238,417 512,553 1,607,546
INCREASE(DECREASE) IN CASH (48,663) 29,270 (538,553) 184,805 (782,210)
ENDING CASH 1,110,533 1,139,803 601,250 1,324,608 542,398
LESS COMMITMENTS - - -
AVAILABLE CASH 1,110,533 1,139,803 601,250 1,324,608 542,398
CHECKING 639,382 1,139,803 (78,750) 1,324,608 542,398
INVESTMENTS 471,151 - 680,000 - -
Total Cash 1,110,533 1,139,803 601,250 1,324,608 542,398
Grand Island Regular Meeting - 7/20/2006 Page 23 / 28
COMMUNITY REDEVELOPMENT AUTHORITY
FY 2006 - 2007 BUDGET
2004 2005 2006 2006 2007
Actual ACTUAL Revised Budget Projected Budget
CRA
GENERAL OPERATIONS:
Property Taxes 440,206 456,540 492,540 492,540 492,540
Interest Income 14,173 15,695 9,000 17,000 10,000
Land Sales - 13,434 50,000 - 100,000
Other Revenue - 975 1,938
TOTAL 454,379 486,644 551,540 511,478 602,540
GILI TRUST
Property Taxes 68,189 66,498 65,780 65,780 65,780
Interest Income - -
Other Revenue -
TOTAL 68,189 66,498 65,780 65,780 65,780
CHERRY PARK LTD II
Property Taxes 64,425 66,094 59,180 59,180 59,180
Interest Income 216 141 180 -
Other Revenue
TOTAL 64,641 66,235 59,180 59,360 59,180
GENTLE DENTAL
Property Taxes 3,433 4,202 4,202 4,202
Interest Income 28 13 5 -
Other Revenue 1,734
TOTAL 3,461 1,747 4,202 4,207 4,202
PROCON TIF
Property Taxes 19,162 19,162 19,162
Loan Proceeds - 95
Interest Income 72
Other Revenue 19,162
TOTAL - 19,234 19,162 19,257 19,162
WALNUT HOUSING PROJECT
Property Taxes 1,096 37,236 74,472
Loan Proceeds - 6 40
Interest Income
Other Revenue
TOTAL - 1,102 - 37,276 74,472
TOTAL REVENUE 590,670 641,460 699,864 697,358 825,336
Grand Island Regular Meeting - 7/20/2006 Page 24 / 28
COMMUNITY REDEVELOPMENT AUTHORITY
FY 2006 - 2007 BUDGET
2004 2005 2006 2006 2007
Actual ACTUAL Revised Budget Projected Budget
EXPENSES
CRA
GENERAL OPERATIONS:
Auditing & Accounting 12,750 4,700 8,000 7,000 8,000
Legal Services 2,599 5,907 10,000 6,000 10,000
Consulting Services 1,250 8,000 15,000 5,000 15,000
Contract Services 26,323 22,716 50,000 40,000 50,000
Printing & Binding 984 555 1,500 800 1,500
Other Professional Services 3,250 -5,000 2,000 5,000
General Liability Insurance - - 250
Legal Notices 314 474 1,000 600 1,000
Licenses & Fees
Travel & Training - -1,500 - 1,500
Other Expenditures 25 -500 100 500
Office Supplies 292 246 750 250 750
Supplies -500 - 500
Land 17,521 200,000 165,000 115,000
PROJECTS
Façade Improvement 221,655 195,699 150,000 100,000 445,000
South Locust 12,000 150,000 150,000 3,900 -
Alleyway Improvement 7,674 -0
Other Projects 59,276 61,948 500,000 - 725,000
Property Taxes BID Fees 4,000
Property Management 2,000
TOTAL CRA OPERATING EXPENSES 348,392 467,766 1,093,750 330,650 1,385,000
GILI TRUST
Bond Principal 34,470 37,279 37,279 37,279 37,279
Bond Interest 31,310 28,501 28,501 28,501 28,501
TOTAL GILI EXPENSES 65,780 65,780 65,780 65,780 65,780
CHERRY PARK LTD II
Bond Principal 27,177 29,322 29,322 29,322 34,131
Bond Interest 32,003 29,858 29,858 29,858 25,049
TOTAL CHERRY PARK EXPENSES 59,180 59,180 59,180 59,180 59,180
GENTLE DENTAL
Legal Services - -
Bond Principal 803 1,735 1,735 1,735 1,987
Bond Interest 2,596 2,467 2,467 2,467 2,215
TOTAL GENTLE DENTAL 3,399 4,202 4,202 4,202 4,202
PROCON TIF
Legal Services 5,000 -
Licenses & Fees 61 -
Other Expenditures 148,983 -
Bond Principal 3,673 3,657 3,657 8,250
Bond Interest 8,538 11,589 11,848 11,848 10,912
TOTAL PROCON TIF 162,582 15,262 15,505 15,505 19,162
WALNUT HOUSING PROJECT
Other Expenditures
Bond Principal 14,714 30,934
Bond Interest 22,522 43,538
TOTAL WALNUT HOUSING PROJECT - - - 37,236 74,472
TOTAL EXPENSES 639,333 612,190 1,238,417 512,553 1,607,796
Grand Island Regular Meeting - 7/20/2006 Page 25 / 28
COMMUNITY REDEVELOPMENT AUTHORITY
GRAND ISLAND, NEBRASKA
RESOLUTION #71
A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AUTHORITY OF THE CITY
OF GRAND ISLAND, NEBRASKA (the “Authority”) RECOMMENDING A LEVY ALLOCATION
BY THE CITY OF GRAND ISLAND TO THE AUTHORITY FOR ITS BUDGETARY PURPOSES
IN FISCAL YEAR 2004-2005 AS AUTHORIZED BY NE. REV. STATUTES 77-3443, AS
AMENDED.
WHEREAS, the Mayor and City Council of the City of Grand Island, Nebraska (the “City”), by
its Ordinance passed and adopted June 27, 1994, created the Community Redevelopment Authority of
the City of Grand Island, Nebraska, pursuant to Sections 18-2101 through 18-2153 of the Nebraska
Community Development Law; Reissue Revised Statutes of Nebraska, as amended (the “Act”);
WHEREAS, on July 20, 2006, the members of the Community Redevelopment Authority of the
City of Grand Island considered its budget for fiscal year 2006-2007 and determined that a request for
personal and real property tax in the amount of $492,540 is necessary to accomplish the statutory
purposes of the Authority in the upcoming fiscal year and that the accomplishment of these purposes is
in the best interests of the City of Grand Island.
NOW, THEREFORE BE IT RESOLVED THAT, by copy of this Resolution delivered to the
City of Grand Island on this date, the Authority hereby requests and recommends that the City of Grand
Island, Nebraska, as a part of the City maximum levy of $.45 per $100 of taxable valuation of property,
as authorized by the Revised Statutes of Nebraska, Section 77-3442, authorize a 2006-2007 levy
allocation which will provide $492,540 in personal and real property tax funds to the Community
Redevelopment Authority of the City of Grand Island for the accomplishment of the purposes for which
it was created.
Passed and approved by the Authority this 20th day of July, 2006.
COMMUNITY REDEVELOPMENT AUTHORITY OF
THE CITY OF GRAND ISLAND, NEBRASKA
By:_________________________________
Chair
ATTEST:
_____________________________
Secretary
Grand Island Regular Meeting - 7/20/2006 Page 26 / 28
Community Redevelopment
Authority (CRA)
Thursday, July 20, 2006
Regular Meeting
Item X1
CRA #6
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 7/20/2006 Page 27 / 28
What does it take to create a legally defensible Blight and Substandard Study?
Can a legally defensible study be completed without a complete inventory of the
structures in the area?
What level of staff support will you expect from the CRA Staff? What types of
information or support will you need them to provide?
Who from your firm will be conducting the study, writing the reports and attending
meetings of the CRA, Regional Planning Commission and City Council?
Are you comfortable with modifying the suggested boundaries of the Blighted and
Substandard areas based upon your observations in the field within the scope of this
contract?
Explain your concept for creating the generalized redevelopment plan?
What types of activities need to be included in the generalized redevelopment plan?
Have you done some preliminary study of the area?
From your preliminary study of the area, have you identified any unique
opportunities for redevelopment?
Grand Island Regular Meeting - 7/20/2006 Page 28 / 28