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06-18-2008 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, June 18, 2008 Regular Meeting Packet Board Members: Lee Elliott Tom Gdowski Barry Sandstrom Sue Pirnie Glen Murray 5:00 PM Grand Island City Hall 100 E 1st Street Grand Island Regular Meeting - 6/18/2008 Page 1 / 18 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 - 6/18/2008 Page 2 / 18 Community Redevelopment Authority (CRA) Wednesday, June 18, 2008 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/18/2008 Page 3 / 18 AGENDA Wednesday June 18, 2008 5:00 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 March 12, 2008 Meeting. 3.Approval of Financial Reports 4.Approval of Bills 5.Report on BID #6 Second Street 6.Preliminary Discussion of Budget for 2008-09 7.Review of Committed Projects and CRA Properties 8.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS RETURN TO REGULAR SESSION Approve Resolution or Resolutions to Purchase/Sell Property 9.Directors Report Downtown Design Guidelines Other Downtown Development Masonic Temple Old Coal Gas Facilities Interest in Façade Program State Fair 10.Adjournment Next Meeting July 7, 2008 Grand Island Regular Meeting - 6/18/2008 Page 4 / 18 Community Redevelopment Authority (CRA) Wednesday, June 18, 2008 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/18/2008 Page 5 / 18 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF June 18, 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 June 18, 2008 at City Hall 100 E First Street. Notice of the meeting was given in the June 11, 2008 Grand Island Independent. 1.CALL TO ORDER Chair Barry Sandstrom called the meeting to order at 5:00 p.m. The following members were present: Barry Sandstrom, Tom Gdowski, Sue Pirnie, Lee Elliot, and Glen Murray. Also present were; Director, Chad Nabity; Secretary Rose Woods; CRA Attorney; Duane Burns, Finance Director, Dave Springer; Grand Island Independent Reporter, Tracy Overstreet. 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 12, 2008 CRA Meeting was made by Murray, and seconded by Pirnie. Upon roll call vote, Elliot abstained, all others present voted aye. Motion carried unanimously. 3.APPROVAL OF FINANCIAL REPORTS. Dave Springer reviewed the financial reports for the period of March 1 through May 31, 2008. He noted revenue in the amount of $170,217 and expenses in the amount of $75,690 for the three months. Total cash was $1,030,390. Motion by Pirnie, second by Elliot, 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 made by Murray, second by Gdowski, to approve the bills in the amount of $6537.03. Upon roll call vote all present voted Grand Island Regular Meeting - 6/18/2008 Page 6 / 18 aye. Motion carried unanimously to approve the payment of bills in the amount of $6537.03. 5.REPORT ON BID #6 SECOND STREET. Nebraska Arboretum is working on a landscaping plan for Second Street. NE Arboretum is going to do this for about $5,000 versus hiring an outside source that would cost up to $50,000. Bob Dodendorf has collected approximately $1,800 from local businesses along Second St. to help with the $5,000 expense. The BID 6 is asking if the CRA will be willing to commit to the other funds to help pay for the project. The $55,000 already in place will likely cover everything. We still waiting on the final price for part of the conduit if there are changes Nabity will bring the matter back before the CRA. Nabity and Springer will be putting together budget numbers to present to council, to move forward with the BID 6 project. Sandstrom asked if the $5,000 for the NE Arboretum would be included in the $55,000 that has already been allotted or if it would be on top of the $55,000. Nabity was hoping that the $55,000 would be enough to cover both. It will be tight. Sandstrom asked if there was any discussion for the sharing of the cost. Nabity explained that currently the BID 6 doesn’t exist, they have been appointed by council but currently they have no funding, no budget in place. They have to know what the first year’s expenses will be to present to council. They have to allow for a protest period once new assessments are put into effect. There has to be a good idea of what the cost will be before council will approve. If there are too many protests then BID 6 will not be able to move forward. Currently the Second Street construction process is moving along right on schedule. Scott Gripenstroh with the NDOR is keeping things moving along despite the rain. Nabity commented there will be more hardscaping along Second Street due to the fact that there is not a lot of room between the street and the businesses; this will be less expensive to maintain. 6.PRELIMINARY DISCUSSION OF BUDGET FOR 2008-09. Nabity said if the levy would be unchanged, approximately $510,000 will be raised in the upcoming year. There currently is $573,032 that has been committed to various projects. But there is still half a million in extra cash right now. CRA agreed to readjust budget to request $475,000. Budget will be figured for the 2008-09 year with a request of $475,000. Discussion that CRA has a few other projects that may be requesting funds but Grand Island Regular Meeting - 6/18/2008 Page 7 / 18 cutting the budget by $25,000 is not a huge cut that would significantly affect the ability of the CRA to do projects. 7. REVIEW OF COMMITTED PROJECTS AND CRA PROPERTIES. Nabity reported briefly. Housing study is on track. Hall County, the building is down and the bill should be coming in soon. Romsa Real Estate Center, there has been a lot of work done however there are some permit issues. BID 6 is moving forward. The Good Will Façade project is coming along. Nabity anticipates that Good Will, will be making a request for funds soon. New Life Community Church Façade is also coming along the façade committee met and approved some modifications, to what was originally presented. The contracts are out to the consultants on the wayside horns, they are working this, they were out Monday, June 9th, working with Union Pacific, doing the individual analysis on each crossing. Also the additional Wayside horns for next year may change depending on what happens with the Broadwell grade separation. The money is committed. Properties; CRA does own about three quarters of East First Street across from City Hall, there are currently just maintenance issues to maintain the lot. Currently CRA does not pay taxes on the property as long as it’s not on the market. Nabity thought that maybe the City would be interested in the land however it’s not currently in the budget. Habitat for Humanity is not interested in the property. Sandstrom asked if there might be someone interested. If we could make a brochure, or letting the realtor’s know that it’s available. This would be considered marketing then CRA would be paying taxes on the land. Property located on 408 E. 2nd, Habitat is not interested in the land, and there are houses on both sides of the lot. Gdowski asked about the Wonderful Garden property and what their plans are. They are asking $150,000 minimum, if it has been sold, possibly they would be interested in the Star Motel property as well. On the First Street property there was some interest when it was on the market before. The lot was just not big enough. With the addition of the middle lot it will make this a workable piece of property. Nabity will work on beginning to market this property. 8.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS. Grand Island Regular Meeting - 6/18/2008 Page 8 / 18 To discuss negotiations at 5:32 Gdowski made a motion and Pirnie seconded the motion to enter executive session for the purposes of Real Estate negotiations on potential property purchases. Upon roll call vote all present voted aye. Motion carried. At 5:47, Elliot made a motion and Gdowski seconded the motion to leave executive session. Upon roll call vote all present voted aye. Motion carried. 9. DIRECTOR’S REPORT Nabity reported that the Downtown Design Guidelines had not been forwarded on to the CRA; the Masonic Temple there is nothing new on that project. They are trying to put together money and plans. Nabity anticipates a request from the Northwest Energy for landscaping improvements to the old coal gasification site at 3rd and Oak. O’Neill is doing the demolition on the project and it is currently moving forward. Interest in the Façade Program Nabity has had calls but has received no applications at this time. 10.ADJOURNMENT. Chairman Sandstrom adjourned the meeting at 6:00 p.m. The next meeting is scheduled for July 7, 2008. Respectfully submitted, Chad Nabity Director Grand Island Regular Meeting - 6/18/2008 Page 9 / 18 Community Redevelopment Authority (CRA) Wednesday, June 18, 2008 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/18/2008 Page 10 / 18 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF MAY 2008 MONTH ENDED 2007 - 2008 2008 REMAINING MAY 2008 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 916,868 952,497 952,497 REVENUE: Property Taxes 114,470 383,041 722,796 339,755 Loan Proceeds - - - - Interest Income 960 28,378 10,000 (18,378) Land Sales - - 50,000 50,000 Other Revenue 1,793 11,771 - (11,771) TOTAL REVENUE 117,224 423,189 782,796 359,607 TOTAL RESOURCES 1,034,092 1,375,686 1,735,293 359,607 EXPENSES Auditing & Accounting 375 4,625 8,000 3,375 Legal Services 225 1,588 10,000 8,413 Consulting Services - - 10,000 10,000 Contract Services 3,000 17,714 40,000 22,286 Printing & Binding - 568 1,000 432 Other Professional Services - 4,113 6,000 1,887 General Liability Insurance - - 250 250 Postage 28 97 250 153 Matching Grant - - - - Legal Notices 12 752 800 49 Licenses & Fees - - - - Travel & Training - - 1,500 1,500 Other Expenditures - - 500 500 Office Supplies 63 106 500 394 Supplies - - 300 300 Land - 33,090 100,000 66,910 Façade Improvement - 170,991 200,000 29,009 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 500,000 500,000 Bond Principal - 64,873 128,002 63,129 Bond Interest - 46,781 94,794 48,013 Interest Expense - - - - - - - TOTAL EXPENSES 3,702 345,296 1,101,896 756,600 INCREASE(DECREASE) IN CASH 113,522 77,893 (319,100) (396,993) ENDING CASH 1,030,390 1,030,390 633,397 (396,993) LESS COMMITMENTS 573,032 - AVAILABLE CASH 457,358 1,030,390 633,397 (396,993) CHECKING 542,305 PETTY CASH 50 INVESTMENTS 488,035 Total Cash 1,030,390 Grand Island Regular Meeting - 6/18/2008 Page 11 / 18 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF MAY 2008 MONTH ENDED 2007 - 2008 2008 REMAINING MAY 2008 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 108,376 269,771 500,000 230,229 Interest Income 924 27,512 10,000 (17,512) Land Sales - 50,000 50,000 Other Revenue & Motor Vehicle Tax 1,293 3,241 - (3,241) TOTAL 110,593 300,524 560,000 259,476 GILI TRUST Property Taxes 1,327 34,978 65,780 30,802 Interest Income 548 - (548) Other Revenue 560 - (560) TOTAL 1,327 36,087 65,780 29,693 CHERRY PARK LTD II Property Taxes 1,254 33,047 59,180 26,133 Interest Income 32 170 - (170) Other Revenue - - - TOTAL 1,286 33,217 59,180 25,963 GENTLE DENTAL Property Taxes 71 141 4,202 4,061 Interest Income 0 2 - (2) Other Revenue 500 947 - (947) TOTAL 571 1,090 4,202 3,112 PROCON TIF Property Taxes 358 9,559 19,162 9,603 Interest Income 1 51 - (51) Other Revenue 734 - (734) TOTAL 359 10,344 19,162 8,818 WALNUT HOUSING PROJECT Property Taxes 1,270 33,474 74,472 40,998 Interest Income 3 94 - (94) Other Revenue 6,289 - (6,289) TOTAL 1,273 39,857 74,472 34,615 BRUNS PET GROOMING Property Taxes 193 384 - (384) Interest Income - - - Other Revenue - - - TOTAL 193 384 - (384) GIRARD VET CLINIC Property Taxes 1,621 1,686 - (1,686) Interest Income - - - Other Revenue - - - TOTAL 1,621 1,686 - (1,686) TOTAL REVENUE 117,224 423,189 782,796 359,607 Grand Island Regular Meeting - 6/18/2008 Page 12 / 18 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF MAY 2008 MONTH ENDED 2007 - 2008 2008 REMAINING MAY 2008 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting 375 4,625 8,000 3,375 Legal Services 225 1,588 10,000 8,413 Consulting Services - 10,000 10,000 Contract Services 3,000 17,714 40,000 22,286 Printing & Binding 568 1,000 432 Other Professional Services 4,113 6,000 1,887 General Liability Insurance - 250 250 Postage 28 97 250 153 Matching Grant - - - Legal Notices 12 752 800 49 Licenses & Fees - - - Travel & Training - 1,500 1,500 Other Expenditures - 500 500 Office Supplies 63 106 500 394 Supplies - 300 300 Land 33,090 100,000 66,910 PROJECTS Façade Improvement 170,991 200,000 29,009 South Locust - - - Alleyway Improvement - - - Other Projects - 500,000 500,000 TOTAL CRA EXPENSES 3,702 233,642 879,100 645,458 GILI TRUST Bond Principal 23,117 47,158 24,041 Bond Interest 9,773 18,622 8,849 Other Expenditures - - - TOTAL GILI EXPENSES - 32,890 65,780 32,890 CHERRY PARK LTD II Bond Principal 18,062 36,824 18,762 Bond Interest 11,528 22,356 10,828 TOTAL CHERRY PARK EXPENSES - 29,590 59,180 29,590 GENTLE DENTAL Bond Principal 1,023 2,127 1,104 Bond Interest 1,078 2,075 997 TOTAL GENTLE DENTAL - 2,101 4,202 2,101 PROCON TIF Bond Principal 6,161 8,838 2,677 Bond Interest 3,420 10,324 6,904 TOTAL PROCON TIF - 9,581 19,162 9,581 WALNUT HOUSING PROJECT Bond Principal 16,253 33,055 16,802 Bond Interest 20,983 41,417 20,434 - - - TOTAL WALNUT HOUSING - 37,236 74,472 37,236 Grand Island Regular Meeting - 6/18/2008 Page 13 / 18 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF MAY 2008 MONTH ENDED 2007 - 2008 2008 REMAINING MAY 2008 YEAR TO DATE BUDGET BALANCE BRUNS PET GROOMING Bond Principal 191 - (191) Bond Interest - - - TOTAL BRUNS PET GROOMING - 191 - (191) GIRARD VET CLINIC Bond Principal 65 - (65) Bond Interest - - - TOTAL GIRARD VET CLINIC - 65 - (65) TOTAL EXPENSES 3,702 345,296 1,101,896 756,600 Grand Island Regular Meeting - 6/18/2008 Page 14 / 18 Community Redevelopment Authority (CRA) Wednesday, June 18, 2008 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/18/2008 Page 15 / 18 18-Jun-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 Fees June $1,500.00 Accounting Fees Officenet Inc. Postage Galvin Construction Home removal 211 E 1st $4,500.00 Quality Cut Shrub & Lawn Care $450.00 Grand Island Independent May $12.03 Monthly & Redevelopment Plan Notices Mayer, Burns, Koenig & Janulewicz Legal Services $75.00 Total: $6,537.03 Grand Island Regular Meeting - 6/18/2008 Page 16 / 18 Community Redevelopment Authority (CRA) Wednesday, June 18, 2008 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/18/2008 Page 17 / 18 COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE Housing Study $8,250 Fall 2008 Hall County $37,500 Fall 2007 Romsa Real Estate Center $75,000 Fall 2007 BID 6 $55,000 Spring 2009 Good Will Facade $36,800 Spring 2008 New Life Community Church Façade $107,000 Fall 2008 2008 Wayside Horns $140,000 Fall 2008 2009 Wayside Horns $100,000 Fall 2009 Total Committed $573,032 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 $8,000 Demolished May 30, 2008 Grand Island Regular Meeting - 6/18/2008 Page 18 / 18