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01-10-2008 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Thursday, January 10, 2008 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 - 1/10/2008 Page 1 / 12 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 - 1/10/2008 Page 2 / 12 Community Redevelopment Authority (CRA) Thursday, January 10, 2008 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/10/2008 Page 3 / 12 AGENDA Thursday January 10, 2008 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 December 6, 2007 Meeting. 3.Approval of Financial Reports 4.Approval of Bills 5.2007 Audit Report 6.Review of Committed Projects and CRA Properties 7.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS RETURN TO REGULAR SESSION 8.Approve Resolution or Resolutions to Purchase/Sell Property 9.Directors Report 10.Adjournment Next Meeting February 13, 2008 Grand Island Regular Meeting - 1/10/2008 Page 4 / 12 Community Redevelopment Authority (CRA) Thursday, January 10, 2008 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/10/2008 Page 5 / 12 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF January 10, 2008 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 January 10, 2008 at City Hall 100 E First Street. Notice of the meeting was given in the January 4, 2008 Grand Island Independent. 1.CALL TO ORDER Chair Barry Sandstrom called the meeting to order at 4:00 p.m. The following members were present: Barry Sandstrom, Tom Gdowski, Sue Pirnie, Glen Murray. Also present were; Director, Chad Nabity; Secretary, Barb Quandt; Finance Director, Dave Springer; Terry Galloway, Almquist, Maltzahn, Galloway & Luth Certified Public Accountants. 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 December 6, 2007 CRA Meeting was made by Gdowski, and seconded by Murray. 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 December 1, 2007 through December 31, 2007. He noted revenue in the amount of $12,739 and expenses in the amount of $49,500 for the month. Total cash was $1,007,165. Motion by Pirnie, 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. Nabity explained the criteria considered in ascertaining property taxes owed on CRA property. Motion by Murray, second by Pirnie, to approve the bills in the amount of $7967.57. Upon roll Grand Island Regular Meeting - 1/10/2008 Page 6 / 12 call vote all present voted aye. Motion carried unanimously to approve the payment of bills in the amount of $7967.57. 5.2007 AUDIT . Terry Galloway, of Almquist, Maltzahn, Galloway & Luth Certified Public Accountants, was present to review the 2007 CRA Audit and to answer questions. There we two recommendations made in connection with the audit of the financial statements. The first recommendation noted that the certificates of deposit at Wells Fargo Bank should have more than one authorized signer. The second recommendation was to revise the monthly listing of CRA properties to reflect the correct addresses and purchase prices. Motion was made by Gdowski, seconded by Pirnie, to approve the 2007 Audit as presented. Upon roll call vote, all present voted aye. Motion carried. 6. REVIEW OF COMMITTED PROJECTS AND CRA PROPERTIES. Nabity reported briefly. The YMCA has begun their project. The Housing Study Grant was submitted, approved and has been received. The JEO Building project is moving forward. Hall County has issued a contract for the demolition of the building. Nabity noted that work on the Romsa Real Estate Center and the Harmon Building is progressing. The work on the New Life Community Church Façade has begun. Total committed projects total $463,282. 7. ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS. There was no need for an executive session. 8. APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL PROPERTY. No action needed. 10. DIRECTOR’S REPORT. Members discussed a property located on South Locust. The consensus was to permit Nabity to continue with the discussions. Nabity announced that the NPZA Conference will be held in Grand Island in February. He noted that there may be a session, Design Guidelines, led by Steve Jensen, that members may be interested in attending. Grand Island Regular Meeting - 1/10/2008 Page 7 / 12 11. ADJOURNMENT. Chairman Sandstrom adjourned the meeting at 4:35 p.m. The next meeting is scheduled for February 13, 2008. Gdowski stated that he will be unavailable on that date. Respectfully submitted, Chad Nabity Director Grand Island Regular Meeting - 1/10/2008 Page 8 / 12 Community Redevelopment Authority (CRA) Thursday, January 10, 2008 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/10/2008 Page 9 / 12 10-Jan-08 TO: Community Redevelopment Authority Board Members FROM: Chad Nabity, Planning Department Director RE: Bills Submitted for Payment The following bills have been submitted to the Community Redevelopment Authority Treasurer for preparation of payment. City of Grand Island Administration $3,000.00 Accounting $375.00 Postage $34.92 Grand Island Independent $270.95 Monthly & Redevelopment Plan Notices Mayer, Burns, Ahlschwede & Koenig $125.00 RDG Planning Design $580.00 Hall County Treasurer:3482.70 Property Taxes - 2709 S. Locust $2,791.68 Property Taxes - 211 E 1st St.$691.02 Third Party Environmental, Inc.$99.00 Asbestos Inspection-211 E. 1st St. Total:$7,967.57 Grand Island Regular Meeting - 1/10/2008 Page 10 / 12 Community Redevelopment Authority (CRA) Thursday, January 10, 2008 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/10/2008 Page 11 / 12 COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE YMCA Grant $13,250 Spring 2008 Housing Study $8,250 Fall 2008 JEO Building $117,000 November 2007 Hall County $37,500 Fall 2007 Romsa Real Estate Center $75,000 Fall 2007 Harmony Bldg. 224 W 3rd Street $68,482 Fall 2007 Good Will Facade $36,800 Spring 2008 New Life Community Church Façade $107,000 Fall 2008 Total Committed $463,282 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 $4,869 11-11-05 $7,500 Surplus 2707 and 2709 S. Locust $155,740 12-30-05 $15,339.23 Surplus 211 E 1st $34,702 11-13-07 ?For Demo December 31, 2007 Grand Island Regular Meeting - 1/10/2008 Page 12 / 12