09-21-2006 Community Redevelopment Authority Regular Meeting Packet
Community Redevelopment
Authority (CRA)
Thursday, September 21, 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 - 9/21/2006 Page 1 / 19
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 - 9/21/2006 Page 2 / 19
Community Redevelopment
Authority (CRA)
Thursday, September 21, 2006
Regular Meeting
Item A1
Agenda
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 9/21/2006 Page 3 / 19
AGENDA
Thursday September 21, 2006
4:00 p.m.
City Hall
Open Meetings Notifications (Posters on Wall)
1.Call to Order Barry Sandstrom
This is a public meeting subject to the open meetings laws of the State of Nebraska.
The requirements for an open meeting are posted on the wall in this room and anyone
that wants to find out what those are is welcome to read through them.
2.Approval of Minutes of August 24, 2006 Meeting.
3.Approval of Financial Reports
4.Approval of Bills
5.Review Redevelopment Plan Amendment for CRA Area #2 and request for Tax Increment
Financing on proposed improvements at 210 E. Stolley Park Road by Wile E. Investments,
Dr. Melissa Girard. Consider passage of Resolution 73 to approve the amendment to the
redevelopment plan and contract for tax increment financing.
6.Update on Blight Study for Area 6
7.Review of Committed Projects and CRA Properties
8.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS
RETURN TO REGULAR SESSION
9.Approve Resolution or Resolutions to Purchase/Sell Property
10.Directors Report
11.Adjournment
Next Meeting October 11, 2006 4:00 p.m.
Grand Island Regular Meeting - 9/21/2006 Page 4 / 19
Community Redevelopment
Authority (CRA)
Thursday, September 21, 2006
Regular Meeting
Item B1
Meeting Minutes
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 9/21/2006 Page 5 / 19
OFFICIAL PROCEEDINGS
MINUTES OF
COMMUNITY REDEVELOPMENT AUTHORITY
MEETING OF
September 21, 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 September 21, 2006, at City Hall 100 E
First Street. Notice of the meeting was given in the September 15,
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: Barry
Sandstrom, Tom Gdowski, Glen Murray, Sue Pirnie. Lee Elliott
was absent. Also present were; Director, Chad Nabity;
Secretary, Barb Quandt; Finance Director, Dave Springer and
Dr. Melissa Girard. Chairman Sandstrom stated this was a
public meeting subject to the open meeting laws of the State of
Nebraska. He noted that the requirements for an open meeting
were posted on the wall easily accessible to anyone who would
like to read through them.
2. APPROVAL OF MINUTES. Motion by Gdowski, second by Murray
to approve the minutes of the Community Redevelopment
Authority meeting of August 24, 2006. Upon roll call vote, all
present voted aye. Motion carried unanimously.
3.APPROVAL OF FINANCIAL REPORTS. Dave Springer
reviewed the financial reports for the period of August 1, 2006
through August 31, 2006. He noted revenue in the amount of
$17,796 and expenses of $41,857 for the month. The total
ending cash was $1,212,693. Motion by Murray, second by
Gdowski, 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 Gdowski, second by Pirnie to approve the bills in the
Grand Island Regular Meeting - 9/21/2006 Page 6 / 19
amount of $5,444.87. Upon roll call vote all present voted aye.
Motion carried unanimously to approve the payment of bills in
the amount of $5,444.87.
5.REVIEW REDEVELOPMENT PLAN FOR CRA AREA #2 AND
REQUEST FOR TAX INCREMENT FINANCING ON PROPOSED
IMPROVEMENTS AT 210 E. STOLLEY PARK ROAD BY WILE E.
INVESTMENTS, DR. MELISSA GIRARD. CONSIDER PASSAGE OF
RESOLUTION 73 TO APPROVE THE AMENDMENT TO THE
REDEVELOPMENT PLAN AND CONTRACT FOR TAX INCREMENT
FINANCING.
Dr. Melissa Girard was present to show and explain her site plan.
Nabity explained that the total payout over fifteen years would
be $142,500. Pirnie made the motion to approve Resolution 73
to approve the amendment to the redevelopment plan and
contract increment. It was seconded by Murray. Upon roll call
vote all present voted aye. Motion carried unanimously to
approve Resolution 73 to approve the amendment to the
redevelopment plan and contract for tax increment financing.
6.UPDATE ON BLIGHT STUDY FOR AREA 6.
Nabity announced that the kick off meetings to discuss the blight
study would be held on October 3, 2006. Property owners from
the area will be invited to the informational meeting. Focus
groups will be scheduled to follow the meetings in a couple of
days. Plans will be drawn up to show some concepts of the
redevelopment plan.
7. REVIEW OF COMMITTED PROJECTS AND CRA PROPERTIES.
Nabity reported that the committed projects had not changed.
The downtown plan and the Martin Building have been removed
from the list since they are complete. Proposals for the Star
Motel property are due on September 29, 2006. If proposals are
received, a committee may need to be formed to discuss those
proposals.
8. ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS.
There was no need for an Executive Session.
Grand Island Regular Meeting - 9/21/2006 Page 7 / 19
9. APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL
PROPERTY.
No action needed.
10. DIRECTOR’S REPORT.
Nabity announced that he will attend a meeting scheduled for
September 22, 2006 to discuss proposed plans for the Masonic
Temple building.
11. ADJOURNMENT. The next meeting will be held on October 11,
2006 at 4:00 p.m. Chairman Sandstrom adjourned the meeting
at 4:45 p.m.
Respectfully submitted,
Chad Nabity
Director
Grand Island Regular Meeting - 9/21/2006 Page 8 / 19
Community Redevelopment
Authority (CRA)
Thursday, September 21, 2006
Regular Meeting
Item C1
Financial Reports
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 9/21/2006 Page 9 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF AUGUST 2006
MONTH ENDED 2005 - 2006 2006 REMAINING
AUGUST 2006 YEAR TO DATE BUDGET BALANCE
CONSOLIDATED
Beginning Cash 1,236,754 1,139,804 1,139,804
REVENUE:
Property Taxes 12,140 534,340 640,864 106,524
Loan Proceeds - 8,785
Interest Income 5,656 28,850 9,000 (19,850)
Land Sales - - 50,000 50,000
Other Revenue - 1,938 - (1,938)
TOTAL REVENUE 17,796 573,913 699,864 134,736
TOTAL RESOURCES 1,254,550 1,713,717 1,839,668 134,736
EXPENSES
Auditing & Accounting - 6,263 8,000 1,738
Legal Services 347 3,533 10,000 6,467
Consulting Services - - 15,000 15,000
Contract Services 2,000 45,074 50,000 4,926
Printing & Binding - - 1,500 1,500
Other Professional Services - - 5,000 5,000
General Liability Insurance - - - -
Matching Grant - - - -
Legal Notices 11 257 1,000 743
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 39,500 100,020 150,000 49,980
South Locust - 3,900 150,000 146,100
Alleyway Improvement - - - -
Other Projects - - 500,000 500,000
Bond Principal - 96,736 71,993 (24,743)
Bond Interest - 84,634 72,674 (11,960)
Interest Expense - - - -
- - -
TOTAL EXPENSES 41,857 501,024 1,238,417 737,393
INCREASE(DECREASE) IN CASH (24,061) 72,888 (538,553) (602,657)
ENDING CASH 1,212,693 1,212,693 601,251 (602,657)
LESS COMMITMENTS 978,050 978,050
AVAILABLE CASH 234,643 234,643 601,251 (602,657)
CHECKING 510,238
PETTY CASH 50
INVESTMENTS 702,405
Total Cash 1,212,693
Grand Island Regular Meeting - 9/21/2006 Page 10 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF AUGUST 2006
MONTH ENDED 2005 - 2006 2006 REMAINING
AUGUST 2006 YEAR TO DATE BUDGET BALANCE
CRA
GENERAL OPERATIONS:
Property Taxes 12,140 374,495 492,540 118,045
Interest Income 5,636 28,503 9,000 (19,503)
Land Sales - 50,000 50,000
Other Revenue & Motor Vehicle Tax 1,938 (1,938)
TOTAL 17,776 404,936 551,540 146,604
GILI TRUST
Property Taxes 64,088 65,780 1,692
Interest Income - -
Other Revenue - -
TOTAL - 64,088 65,780 1,692
CHERRY PARK LTD II
Property Taxes 60,549 59,180 (1,369)
Interest Income 18 207 - (207)
Other Revenue - - -
TOTAL 18 60,756 59,180 (1,576)
GENTLE DENTAL
Property Taxes 3,307 4,202 895
Interest Income 1 6 - (6)
Other Revenue - - -
TOTAL 1 3,312 4,202 890
PROCON TIF
Property Taxes 8,785 19,162 10,377
Interest Income 2 86 - (86)
Other Revenue - - -
TOTAL 2 8,870 19,162 10,292
WALNUT HOUSING PROJECT
Property Taxes 31,901 - (31,901)
Interest Income 0 49 - (49)
Other Revenue - - -
TOTAL 0 31,950 - (31,950)
TOTAL REVENUE 17,796 573,913 699,864 125,951
Grand Island Regular Meeting - 9/21/2006 Page 11 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF AUGUST 2006
MONTH ENDED 2005 - 2006 2006 REMAINING
AUGUST 2006 YEAR TO DATE BUDGET BALANCE
EXPENSES
CRA
GENERAL OPERATIONS:
Auditing & Accounting 6,263 8,000 1,738
Legal Services 337 3,523 10,000 6,477
Consulting Services - 15,000 15,000
Contract Services 2,000 45,074 50,000 4,926
Printing & Binding - 1,500 1,500
Other Professional Services - 5,000 5,000
General Liability Insurance - - -
Matching Grant - -
Legal Notices 11 257 1,000 743
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 39,500 100,020 150,000 49,980
South Locust 3,900 150,000 146,100
Alleyway Improvement - - -
Other Projects - 500,000 500,000
TOTAL CRA EXPENSES 41,847 319,644 1,093,750 774,106
GILI TRUST
Bond Principal 40,318 37,279 (3,039)
Bond Interest 25,462 28,501 3,039
TOTAL GILI EXPENSES - 65,780 65,780 -
CHERRY PARK LTD II
Bond Principal 31,635 29,322 (2,313)
Bond Interest 27,545 29,858 2,313
TOTAL CHERRY PARK EXPENSES - 59,180 59,180 -
GENTLE DENTAL
Legal Services - -
Bond Principal 1,820 1,735 (85)
Bond Interest 2,382 2,467 85
TOTAL GENTLE DENTAL - 4,202 4,202 -
PROCON TIF
Legal Services - - -
Interest Expense - - -
Licenses & Fees - - -
Other Expenditures - - -
Bond Principal 8,249 3,657 (4,592)
Bond Interest 10,912 11,848 936
TOTAL PROCON TIF - 19,162 15,505 (3,657)
WALNUT HOUSING PROJECT
Legal Services 10 10 (10)
Bond Principal 14,714 - (14,714)
Bond Interest 18,332 - (18,332)
Grand Island Regular Meeting - 9/21/2006 Page 12 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF AUGUST 2006
MONTH ENDED 2005 - 2006 2006 REMAINING
AUGUST 2006 YEAR TO DATE BUDGET BALANCE
TOTAL WALNUT HOUSING 10 33,056 - (33,056)
TOTAL EXPENSES 41,857 501,024 1,238,417 737,393
Grand Island Regular Meeting - 9/21/2006 Page 13 / 19
Community Redevelopment
Authority (CRA)
Thursday, September 21, 2006
Regular Meeting
Item D1
Bills
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 9/21/2006 Page 14 / 19
21-Sep-06
TO: Community Redevelopment Authority Board Members
FROM: Chad Nabity, Planning Department Director
RE: Bills Submitted for Payment at September 21, 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
Grand Island Independent $362.74
Monthly & Redevelopment Plan Notices
Mayer, Burns, Ahlschwede & Koenig $287.50
Eakes Office Plus $64.63
Quality Cut Shrub & Lawn Care Inc.
Mayhew Signs $630.00
RDG SWB $2,850.00
Total:
$ 5,444.87
Grand Island Regular Meeting - 9/21/2006 Page 15 / 19
Community Redevelopment
Authority (CRA)
Thursday, September 21, 2006
Regular Meeting
Item E1
Committed Projects
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 9/21/2006 Page 16 / 19
COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE
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
Hall County $37,500 Spring 2007
Total Committed $978,050
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 Surplus
2707 and 2709
S. Locust
$155,740 12-30-05 $15,339.23 Surplus
September 7, 2006
Grand Island Regular Meeting - 9/21/2006 Page 17 / 19
Community Redevelopment
Authority (CRA)
Thursday, September 21, 2006
Regular Meeting
Item I1
Redevelopment Plan Contract
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 9/21/2006 Page 18 / 19
Grand Island Regular Meeting - 9/21/2006 Page 19 / 19