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04-04-2007 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, April 4, 2007 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 - 4/4/2007 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 - 4/4/2007 Page 2 / 19 Community Redevelopment Authority (CRA) Wednesday, April 4, 2007 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 4/4/2007 Page 3 / 19 AGENDA Wednesday April 4, 2007 4:00 p.m. Grand Island City Hall Open Meetings Notifications 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 March 14, 2007 Meeting. 3.Approval of Financial Reports 4.Approval of Bills 5.Resolution #78 - Approval of Amendment to Redevelopment Plan for Blight and Substandard Area #5 and Referral to Regional Planning Commission and City Council for Pro Con LLC re: property at Capital Avenue and Geddes Street 6.Resolution #79 - Accept Proposal from Habitat for Humanity and approve the sale of property at 1321 N. Cherry Street. 7.Review of Committed Projects and CRA Properties 8.Update on Blight Study for Area 6 Charrettes Scheduled for April 30th and May 1st 9.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS RETURN TO REGULAR SESSION None Expected 10.Directors Report 11.Adjournment Next Meeting May 9, 2007 Grand Island Regular Meeting - 4/4/2007 Page 4 / 19 Community Redevelopment Authority (CRA) Wednesday, April 4, 2007 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 4/4/2007 Page 5 / 19 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF April 4, 2007 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 April 4, 2007 at City Hall, 100 E First Street. Notice of the meeting was given in the March 28, 2007 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: Tom Gdowski, Lee Elliott, Sue Pirnie, Barry Sandstrom. Also present were; Director, Chad Nabity; Secretary, Barb Quandt; Legal Counsel, Duane Burns; Finance Director, Dave Springer; Council Liaison, Peg Gilbert; GI Independent, Tracy Overstreet. Chair Barry 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. A motion for approval of the Minutes for the March 14, 2007 CRA meeting was made by Pirney and seconded by Gdowski. Upon roll call vote, all present voted aye. Motion carried unanimously. Glen Murray joined the meeting. 3.APPROVAL OF FINANCIAL REPORTS. Dave Springer briefly reviewed the financial reports for the period of March 1, 2007 through March 31, 2007. He noted revenue in the amount of $15,915 and expenses of $5452 for the month. The total ending cash was $844,718. Motion by Gdowski, second by Elliott, to approve the financial reports. Upon roll call vote, all present voted aye. Motion carried unanimously. Grand Island Regular Meeting - 4/4/2007 Page 6 / 19 4.APPROVAL OF BILLS. The bills were reviewed by the Authority. Motion by Gdowski , second by Pirney to approve the bills in the amount of $9300. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills in the amount of $9300. 5.RESOLUTION #78. Members discussed the Amendment to the Redevelopment Plan for Blight and Substandard Area #5 and the referral to the Regional Planning Commission and City Council for Pro Con LLC regarding the property located at Capital Avenue and Geddes Street. A motion to approve Resolution #78, which will refer the Amendment to the Redevelopment Plan for Blight and Substandard Area #5 to the Regional Planning Commission for Pro Con LLC, was made by Elliott and seconded by Pirnie. Upon roll call vote, Sandstrom abstained and Elliott, Murray, Gdowski and Pirnie voted aye. Motion carried. 6.RESOLUTION #79. Resolution #79 to accept the proposal from Habitat for Humanity and approve the sale of the property located at 1321 N. Cherry Street was discussed by the members. A motion was made by Murray, and seconded by Pirnie, to approve Resolution #79 to accept the proposal from Habitat for Humanity and approve the sale of the property at 1321 N. Cherry Street. Upon roll call vote, all present voted aye. Motion carried unanimously. Closing on this property is scheduled for April 30, 2007. 7.REVIEW OF COMMITTED PROJECTS AND CRA PROPERTIES. Nabity gave a brief appraisal of each of the committed projects to date. Maintenance on CRA properties is in place. 8. UPDATE ON BLIGHT STUDY FOR AREA 6. Nabity reported that the Charrettes have been rescheduled for April 30th and May 1st. The meetings will focus on Broadwell Avenue and Second Street, but will entertain questions regarding other streets as well. They will be held at the Skagway Banquet Center on Monday, April 30th from 11:30 a.m. to 1:00 p.m. and 4:30 p.m. to 6:00 p.m. and Tuesday, May 1st from 11:30 a.m. to 1:00 p.m. 9. ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS. There was no need to adjourn to Executive Session. Grand Island Regular Meeting - 4/4/2007 Page 7 / 19 10. DIRECTOR’S REPORT. A discussion regarding directional horns at train crossings and the possibility of a CRA financial contribution. 11. ADJOURNMENT. The next meeting is scheduled for May 9, 2007 at 4:00 p.m. Gdowski has a conflict with the regularly scheduled May 9th date. Chair Sandstrom adjourned the meeting at 4:53 p.m. Respectfully submitted, Chad Nabity Director Grand Island Regular Meeting - 4/4/2007 Page 8 / 19 Community Redevelopment Authority (CRA) Wednesday, April 4, 2007 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 4/4/2007 Page 9 / 19 4-Apr-07 TO: Community Redevelopment Authority Board Members FROM: Chad Nabity, Planning Department Director RE: Bills Submitted for Payment at April 4, 2007 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 Monthly & Redevelopment Plan Notices Mayer, Burns, Ahlschwede & Koenig $1,400.00 RDG $2,900.00 Third Party Environmental, Inc.$250.00 (N. Cherry St. - asbestos removal) Galvan Construction 3500.00 (1321 N. Cherry St. - Demolition) Total: $9,300.00 Grand Island Regular Meeting - 4/4/2007 Page 10 / 19 Community Redevelopment Authority (CRA) Wednesday, April 4, 2007 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 4/4/2007 Page 11 / 19 COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE Central NE Humane Soc.$258,000 Spring 2007 Housing Study $8,250 December 2007 JEO Building $117,000 April 2007 Hall County $37,500 Spring 2007 Romsa Real Estate Center $75,000 Spring 2007 Harmony Bldg. 224 W 3rd Street $68,482 Fall 2007 Total Committed $564,232 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 1321 N Cherry $14,000 12-29-06 $3,750 Sale Pending March 29, 2007 Grand Island Regular Meeting - 4/4/2007 Page 12 / 19 Community Redevelopment Authority (CRA) Wednesday, April 4, 2007 Regular Meeting Item J1 Resolutions Staff Contact: Chad Nabity Grand Island Regular Meeting - 4/4/2007 Page 13 / 19 COMMUNITY REDEVELOPMENT AUTHORITY OF THE CITY OF GRAND ISLAND, NEBRASKA RESOLUTION #78 A RESOLUTION RECOMMENDING AN AMENDMENT TO A REDEVELOPMENT PLAN OF THE AUTHORITY, APPROVING A REDEVELOPMENT CONTRACT AND GIVING NOTICE OF INTENT TO ENTER INTO A REDEVELOPMENT CONTRACT, AND APPROVAL OF RELATED ACTIONS (PROCON DEVELOPMENT COMPANY, LLC PROJECT). WITNESSETH: 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 designated Redevelopment Area No. 5 (the "Redevelopment Area"); and WHEREAS, pursuant to any furtherance of the Act, the Authority published notice of a Request for Proposals for redevelopment of the blighted and substandard area targeted for redevelopment pursuant to the Redevelopment Plan, and received a proposal from Procon Development Company, LLC ("Redeveloper") to enter into a Redevelopment Contract in substantially the form attached hereto as Exhibit A, the terms and conditions of which are herein incorporated by reference ("Redevelopment Contract"),Whereby Authority would agree to pay to Redeveloper’s Lender TIF revenues from ad valorem taxes on the project as specified in the Redevelopment Contract. WHEREAS, the Authority has made certain findings and pursuant thereto has determined that it is in the best interests of the Authority and the City as expressed in the Redevelopment Plan to enter into the Redevelopment Contract and to carry out the transactions contemplated thereby. NOW, THEREFORE, be it resolved by the Community Redevelopment Authority of the City of Grand Island, Nebraska as follows: 1. The Authority has determined that the proposed land uses and building requirements in the Redevelopment Project area are designed with the general purposes of accomplishing, and in conformance with the general plan of the City, a coordinated, adjusted, and harmonious development of the City and its environs which will, in accordance with present and future needs, promote health, safety, morals, order, convenience, prosperity and the general welfare, Grand Island Regular Meeting - 4/4/2007 Page 14 / 19 as well as efficiency in economy in the process of development; including, among other things, adequate provision for traffic, vehicular parking, the promotion of safety from fire, panic, and other dangers, adequate provisions for light and air, the promotion of the healthful and convenient distribution of population, the provision of adequate transportation, water, sewerage, and other public utilities, schools, parks, recreational and communitive facilities, and other public requirements, the promotion of sound design and arrangement, the wise and efficient expenditure of public funds, and the prevention of the recurrence of unsanitary or unsafe dwelling accommodations, or conditions of blight. 2.The Authority has conducted a cost benefit analysis for the Project in accordance with the Act, and has found and hereby finds that the Project would not be economically feasible without the use of tax increment financing, the Project would not occur in an Area without the use of tax increment financing and the costs and benefits of the Project, including costs and benefits to other affected political subdivisions, the economy of the community, and the demand for public and private services have been analyzed and have been found to be in the long term best interests of the community impacted by the Project. 3.The Authority hereby gives the City notice of its intent to enter into the Redevelopment Contract, and hereby recommends to the City approval of the Redevelopment Contract as an Amendment to the Redevelopment Plan, following publication of notice of and a public hearing with respect to the proposed Redevelopment Contract pursuant to the Act. 4.Subject to approval of the Redevelopment Contract by the City, the Authority hereby authorizes and approves the Redevelopment Contract between the Authority and the Redeveloper for the redevelopment of the Project area, and hereby authorizes and approves the execution, delivery, and performance of the documents and transactions contemplated by the Redevelopment Project. 5.The Chair and Secretary of the Authority are hereby authorized and directed to execute and deliver the Redevelopment Contract, in substantially the form presented at this meeting, but with such changes, additions or deletions as they deem reasonable or necessary, together with all documents, certificates or instruments contemplated thereby or necessary in connection therewith; and carry out all transactions and take all actions contemplated by the foregoing. Grand Island Regular Meeting - 4/4/2007 Page 15 / 19 IN WITNESS WHEREOF, the undersigned Community Redevelopment Authority of the City of Grand Island, Nebraska, hereby pass and adopt this Resolution and is in force this 4th day of April, 2007. COMMUNITY REDEVELOPMENT AUTHORITY OF THE CITY OF GRAND ISLAND, NEBRASKA Chair _______________________________ ATTEST: Director_________________________ Grand Island Regular Meeting - 4/4/2007 Page 16 / 19 EXHIBIT A REDEVELOPMENT CONTRACT Grand Island Regular Meeting - 4/4/2007 Page 17 / 19 COMMUNITY REDEVELOPMENT AUTHORITY GRAND ISLAND, NEBRASKA RESOLUTION NO. 79 A RESOLUTION OF THE COMMUNITY REDEVELOPMENT AUTHORITY OF THE CITY OF GRAND ISLAND, NEBRASKA, PERTAINING TO THE SALE OF REAL ESTATE AND TO PROVIDE THE TERMS THEREOF. WHEREAS, the CRA has acquired a tract of land known as 1321 N. Cherry Street, Grand Island, Nebraska, as a part of its activities in Redevelopment Area #1; and WHEREAS, the public has been invited to submit offers for the purchase of the tract; and WHEREAS, the most responsible offer submitted by the closing date was that of Grand Island Area Habitat for Humanity, Inc. for the price of $15,000.00. NOW THEREFORE BE IT RESOLVED BY THE COMMUNITY REDEVELOPMENT AUTHORITY OF THE CITY OF GRAND ISLAND, NEBRASKA that: 1. The offer of Grand Island Area Habitat for Humanity, Inc. to purchase the tract of real estate described as: Lot Four (4), Block Seven (7), George Loan’s Subdivision, Grand Island, Hall County, Nebraska for the amount of $15,000.00 is hereby accepted, upon the Buyers covenant to build a dwelling house on the premises within one year from closing. 2. The director is hereby authorized to cause an agreement to be prepared setting out the standard terms for sale and purchase of real estate and the chairperson and the director are hereby authorized to proceed with execution of all documents necessary for the sale and conveyance of the above described real estate. PASSED AND APPROVED this ____ day of ______________________, 2007. COMMUNITY REDEVELOPMENT AUTHORITY OF THE CITY OF GRAND ISLAND, NEBRASKA By ______________________________________ Chair Grand Island Regular Meeting - 4/4/2007 Page 18 / 19 ATTEST: __________________________ Director Grand Island Regular Meeting - 4/4/2007 Page 19 / 19