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12-08-2008 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Monday, December 8, 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 - 12/8/2008 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 - 12/8/2008 Page 2 / 28 Community Redevelopment Authority (CRA) Monday, December 8, 2008 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/8/2008 Page 3 / 28 AGENDA Monday, December 8, 2008 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 November 17, Meeting. 3.Approval of Financial Reports 4.Approval of Bills 5.Consideration of Redevelopment Plan Amendment for 2020 Blake Street. 6.Review of Committed Projects and CRA Properties 7.Directors Report Election of Officers 8.Adjournment Next Meeting January 14, 2008 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 12/8/2008 Page 4 / 28 Community Redevelopment Authority (CRA) Monday, December 8, 2008 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/8/2008 Page 5 / 28 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF November 17, 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 November 17, 2008 at City Hall 100 E First Street. Notice of the meeting was given in the November 17, 2008 Grand Island Independent. 1.CALL TO ORDER Chairman Barry Sandstrom called the meeting to order at 4:05 p.m. The following members were present: Barry Sandstrom, Lee Elliot, Tom Gdowski, Sue Pirnie, and Glen Murray. Also present were; Director, Chad Nabity; Secretary Rose Woods; CRA Attorney; Duane Burns, Finance Director, Dave Springer, Council Liaison Peg Gilbert, Todd Enck, Gene McCloud, and Ray O’Conner and Traci 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 October 14, 2008 meeting, Gdowski made the motion to approve the minutes, seconded by Elliot. Upon roll call vote, all present voted aye. Motion carried unanimously. 3.APPROVAL OF FINANCIAL REPORTS. APPROVAL OF FINANCIAL REPORTS. Dave Springer reviewed the financial reports for the period of October 1, 2008 through October 31, 2008. He noted revenue in the amount of $157,018 and expenses in the amount of $5783 for the month. Total cash was $1,387,857. 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. Grand Island Regular Meeting - 12/8/2008 Page 6 / 28 Motion made by Elliot, second by Pirnie, to approve the bills in the amount of $4067.34. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $4067.34. Nabity noted the Legal Services in the amount of $1075.00 was largely for the Tiff contract and contract for sale. 5. DISCUSSION OF POSSIBLE PURCHASE/SALE CRA PROPERTIES RESOLUTION NO. 93. Nabity explained this is the formal action to approve the sale of the Star Motel property this contract is contingent on the dedication of the easement of the hike and bike trail and contingent on the project moving forward. Motion was made by Elliot to approve the formal action of selling the South Locust CRA property to South Pointe Development, for $50,000, contingent on the dedication of the easement and the project moving forward, second by Pirnie, to approve Resolution No. 93. Upon roll call vote all but one present voted aye, Sandstrom abstained. Motion carried to approve Resolution No. 93. 6.APPROVAL OF REDEVELOPMENT PLAN FOR SOUTH POINTE DEVELOPMENT LLC, RESOLUTION NO. 94. Nabity stated this Resolution includes the Redevelopment Plan and the contract for Redevelopment. Regional Planning did hold a Public Hearing on this Redevelopment Plan and did approve it; they passed Resolution No. 2009-01, to recommend approval, and it is consistent with the Comprehensive Plan for Grand Island. The contract is for a 15 year time period and is for the Tax Increment Financing. There is also a cost benefit analysis included. O’Connor noted the hike and bike trail is being moved to the north side of the property along the easement versus the south side as previously proposed. Motion was made by Murray and second by Pirnie to approve the Resolution No. 94. Upon roll call vote all but one present voted aye, Sandstrom abstained. Motion carried to approve Resolution No 94. 7.CONSIDERATION OF RESOLUTION NO. 95 TO FORWARD A REDEVELOPMENT PLAN AMENDMENT TO THE HALL COUNTY REGIONAL PLANNING COMMISSION FOR 2020 BLAKE STREET. Nabity reported briefly. Todd Enck proposing a Redevelopment Plan for Area 6, this is between Broadwell and Custer and North of the Union Pacific tracks. This is at the corner of Blake and Darr. This property is zoned R4, High Density Residential. Enck Grand Island Regular Meeting - 12/8/2008 Page 7 / 28 has proposed building two duplex’s with attached garages, approximately 1000 square feet for each dwelling unit. In order for Enck to move forward with this project there is the cost of property acquisition, cost of demolition, new service lines, and new sidewalks. Currently the property valuation is $20,000, with Enck’s proposed two duplex’s this increases the property value to approximately $300,000. Enck added that based on the location of the duplex’s the $700 a month rent was average and acceptable for the area. Motion was made by Elliot and second by Murray to approve the Resolution No. 95, to forward Redevelopment Plan to Hall County Regional Planning. Upon roll call vote all voted aye, motion carried unanimously to approve Resolution No 95. 8. CONSIDERATION OF RESOLUTION OF INTENT TO ENTER INTO A REDEVELOPMENT CONTRACT RESOLUTION NO. 96. Sandstrom stated this indicates that CRA is proceeding to enter into a Redevelopment Contract. The TIF contract must be approved by Regional Planning and Council. After no further discussion, a motion was made by Pirnie and second by Murray to approve Resolution No. 96. Upon roll call vote all voted aye, motion carried unanimously to approve Resolution No. 96. 9.DIRECTOR’S REPORT. Nabity commented on the Committed Projects, the Housing Study should have a draft by mid December and a Final is expected in February. Hall County is still working on paving. Romsa Real Estate Center, there is nothing new to report. BID 6, a portion of the funds has been paid out. Nabity anticipates the bill from the state for the conduit to be coming in soon. Masonic Temple (Paul Warshauer), have heard nothing from him. Carpets ‘N’ More, and Blessed Sacrament are moving along nicely those should be done soon. New Life Community Church Façade is moving along. Wayside Horns 2008 is moving forward, Wayside Horns for 2009 will be bumped. CRA properties 2707 and 2709 S Locust the sale is now pending. 10. ADJOURNMENT. Chairman Sandstrom adjourned the meeting at 4:35 p.m. The next meeting is scheduled for December 8, 2008. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 12/8/2008 Page 8 / 28 Community Redevelopment Authority (CRA) Monday, December 8, 2008 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/8/2008 Page 9 / 28 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF NOVEMBER 2008 MONTH ENDED 2008 - 2009 2009 REMAINING NOVEMBER 2008 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 1,387,857 1,236,622 1,236,622 REVENUE: Property Taxes 4,145 159,539 697,796 538,257 Loan Proceeds - - - - Interest Income 149 1,774 10,000 8,226 Land Sales - - 50,000 50,000 Other Revenue 6,720 6,720 - (6,720) TOTAL REVENUE 11,015 168,034 757,796 589,762 TOTAL RESOURCES 1,398,872 1,404,655 1,994,418 589,762 EXPENSES Auditing & Accounting - 375 8,000 7,625 Legal Services 1,075 1,645 10,000 8,355 Consulting Services - - 10,000 10,000 Contract Services 2,970 4,923 40,000 35,077 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage 19 34 250 216 Matching Grant - - - - Legal Notices - 13 800 787 Licenses & Fees - - - - Travel & Training - - 1,500 1,500 Other Expenditures - - 500 500 Office Supplies - - 500 500 Supplies - - 300 300 Land - - 100,000 100,000 Façade Improvement - - 200,000 200,000 South Locust - - - - Alleyway Improvement - - - - Other Projects - 2,858 500,000 497,142 Bond Principal - - 128,002 128,002 Bond Interest - - 94,794 94,794 Interest Expense - - - - - - - TOTAL EXPENSES 4,064 9,847 1,101,896 1,092,049 INCREASE(DECREASE) IN CASH 6,951 158,186 (344,100) (502,286) ENDING CASH 1,394,808 1,394,808 892,522 (502,286) LESS COMMITMENTS 583,250 - AVAILABLE CASH 811,558 1,394,808 892,522 (502,286) CHECKING 893,578 PETTY CASH 50 INVESTMENTS 501,181 Total Cash 1,394,808 Grand Island Regular Meeting - 12/8/2008 Page 10 / 28 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF NOVEMBER 2008 MONTH ENDED 2008 - 2009 2009 REMAINING NOVEMBER 2008 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 4,145 89,832 475,000 385,168 Interest Income - 1,524 10,000 8,476 Land Sales - - 50,000 50,000 Other Revenue & Motor Vehicle Tax 6,720 6,720 - (6,720) TOTAL 10,866 98,077 535,000 436,923 GILI TRUST Property Taxes - 31,431 65,780 34,349 Interest Income - - - - Other Revenue - - - - TOTAL - 31,431 65,780 34,349 CHERRY PARK LTD II Property Taxes - 29,696 59,180 29,484 Interest Income 64 97 - (97) Other Revenue - - - - TOTAL 64 29,793 59,180 29,387 GENTLE DENTAL Property Taxes - - 4,202 4,202 Interest Income 0 0 - (0) Other Revenue - - - - TOTAL 0 0 4,202 4,202 PROCON TIF Property Taxes - 8,579 19,162 10,583 Interest Income 19 19 - (19) Other Revenue - - - - TOTAL 19 8,598 19,162 10,564 WALNUT HOUSING PROJECT Property Taxes - - 74,472 74,472 Interest Income 66 134 - (134) Other Revenue - - - - TOTAL 66 134 74,472 74,338 BRUNS PET GROOMING Property Taxes - - - - Interest Income - - - - Other Revenue - - - - TOTAL - - - - GIRARD VET CLINIC Property Taxes - - - - Interest Income - - - - Other Revenue - - - - TOTAL - - - - TOTAL REVENUE 11,015 168,034 757,796 589,762 Grand Island Regular Meeting - 12/8/2008 Page 11 / 28 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF NOVEMBER 2008 MONTH ENDED 2008 - 2009 2009 REMAINING NOVEMBER 2008 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting - 375 8,000 7,625 Legal Services 1,075 1,645 10,000 8,355 Consulting Services - - 10,000 10,000 Contract Services 2,970 4,923 40,000 35,077 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage 19 34 200 166 Matching Grant - - - - Legal Notices - 13 800 787 Licenses & Fees - - - - Travel & Training - - 1,000 1,000 Other Expenditures - - 500 500 Office Supplies - - 500 500 Supplies - - 300 300 Land - - 100,000 100,000 PROJECTS Façade Improvement - - 758,750 758,750 South Locust - - - - Alleyway Improvement - - - - Other Projects - 2,858 500,000 497,142 TOTAL CRA EXPENSES 4,064 9,847 1,437,300 1,427,453 GILI TRUST Bond Principal - - 51,001 51,001 Bond Interest - - 14,779 14,779 Other Expenditures - - - - TOTAL GILI EXPENSES - - 65,780 65,780 CHERRY PARK LTD II Bond Principal - - 39,729 39,729 Bond Interest - - 19,451 19,451 TOTAL CHERRY PARK EXPENSES - - 59,180 59,180 GENTLE DENTAL Bond Principal - - 2,276 2,276 Bond Interest - - 1,926 1,926 TOTAL GENTLE DENTAL - - 4,202 4,202 PROCON TIF Bond Principal - - 9,467 9,467 Bond Interest - - 9,695 9,695 TOTAL PROCON TIF - - 19,162 19,162 WALNUT HOUSING PROJECT Bond Principal - - 39,151 39,151 Bond Interest - - 35,321 35,321 - - - TOTAL WALNUT HOUSING - - 74,472 74,472 Grand Island Regular Meeting - 12/8/2008 Page 12 / 28 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF NOVEMBER 2008 MONTH ENDED 2008 - 2009 2009 REMAINING NOVEMBER 2008 YEAR TO DATE BUDGET BALANCE BRUNS PET GROOMING Bond Principal - - - - Bond Interest - - - - TOTAL BRUNS PET GROOMING - - - - GIRARD VET CLINIC Bond Principal - - - - Bond Interest - - - - TOTAL GIRARD VET CLINIC - - - - TOTAL EXPENSES 4,064 9,847 1,660,096 1,650,249 Grand Island Regular Meeting - 12/8/2008 Page 13 / 28 Community Redevelopment Authority (CRA) Monday, December 8, 2008 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/8/2008 Page 14 / 28 3-Dec-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 November $2,011.74 Accounting Officenet Inc.$37.79 Postage $34.19 Lawn Care Grand Island Independent Monthly & Redevelopment Plan Notices Mayer, Burns, Koenig & Janulewicz Legal Services $335.00 Total: $2,418.72 Grand Island Regular Meeting - 12/8/2008 Page 15 / 28 Community Redevelopment Authority (CRA) Monday, December 8, 2008 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/8/2008 Page 16 / 28 COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE Housing Study $8,250 Fall 2008 Hall County $37,500 Fall 2008 Romsa Real Estate Center $75,000 Fall 2007 BID 6 $55,000 Spring 2009 Paul Warshauer (Masonic Temple) $17,700 Fall 2008 Carpets ‘N’ More $9,400 Spring 2009 New Life Community Church Façade $107,000 Fall 2008 Blessed Sacrament $33,400 Spring 2009 2008 Wayside Horns $140,000 Fall 2008 2009 Wayside Horns $100,000 Fall 2009 Total Committed $583,250 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 Contract Pending 211 E 1st $34,702 11-13-07 $8,000 Surplus November 30, 2008 Grand Island Regular Meeting - 12/8/2008 Page 17 / 28 Community Redevelopment Authority (CRA) Monday, December 8, 2008 Regular Meeting Item I1 Redevelopment Plan Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/8/2008 Page 18 / 28 Redevelopment Plan Amendment Grand Island CRA Area #6 November 2008 Property Description This property is located at the corner of Blake Street and Darr Avenue (Lots 9 and 10 of Block 19 of Packer & Barr’s Second Addition to the City of Grand Island). Property addresses include 235 and 233 N Darr Avenue and 2020 and 2018 Blake Street in Grand Island Nebraska. Future Land Use Plan See the attached map from the 2004 Grand Island Comprehensive Plan Site Coverage and Intensity of Use The developer is proposing to build two duplex buildings one on each lot. The first building would have two 962 square foot units with attached garages. The second building would have two 1062 square units with attached garages. Both units would have landscaped yards with underground sprinkling installed. Each unit will have 2 bedrooms and it is anticipated that the total occupancy of these units would range from between 4 and 16 people. The anticipated value of this development at the time of completion is $300,000. Changes to zoning, street layouts and grades or building codes or ordinances The proposed use is permitted in the current zoning district. No changes are anticipated in street layouts or grades. No changes are anticipated in building codes or ordinances. Additional Public Facilities or Utilities Sewer and water are available to support this development. Additional water services are anticipated so each unit has its own water service. New sewer services may be needed to support the additional development. No new mains will be required. No other utilities would be impacted by the development. Grand Island Regular Meeting - 12/8/2008 Page 19 / 28 Time Frame for Development Development of this project is anticipated to be mostly complete during the 2009 calendar year. The base tax year should be calculated on the value of the property as of January 1, 2009. Excess valuation should be available for this project for 15 years beginning with the 2010 tax year. Excess valuation will be paid to the developer’s lender per the contract between the CRA and the developer for a period not to exceed 15 years or $53,650. Grand Island Regular Meeting - 12/8/2008 Page 20 / 28 Carey Ave3rd St W 4th St W Blake St 5th St W Ruby AveDarr Ave NWhite AveBoggs Ave N2nd St W North Front St W Old Lincoln Hwy W Tild en St N George St Broadwell Ave NLo g a n St N Clay St N South Front St W 1st St W G arfield A v e N Gra nt St N 5th St W 4th St W Condition of Property railroad Property Condition CONDITION Good Average Badly Worn Worn Out Vacant or Commercial Area Boundary ¯ Grand Island Regular Meeting - 12/8/2008 Page 21 / 28 3rd St WCarey AveRuby Ave4th St W Blake St 5th St W 6th St W Darr Ave NWhite AveBoggs Ave NNorth Front St W Old Lincoln Hwy W Broadwell Ave NTild e n St N George St 1st St W Cla y St N L o g a n St NSouth Front St W 2nd St W G ra nt St N G arfield A ve N Faidley Ave W H arris o n St N M adison St N Tild e n St S 5th St W 4th St W Old Lincoln Hwy W Legend railroad Centerline Commercial County Government Industrial Large Lot Residential Public Residential Street ROW Suburban Agriculture Existing Land Use Area Boundary Grand Island Regular Meeting - 12/8/2008 Page 22 / 28 Future Land Use Map Future Land Use Map from 2004 Comprehensive Plan adopted by the City of Grand Island for the area near Blake Street and Darr Avenue the proposed redevelopment site. Grand Island Regular Meeting - 12/8/2008 Page 23 / 28 Grand Island Regular Meeting - 12/8/2008 Page 24 / 28 Grand Island Regular Meeting - 12/8/2008 Page 25 / 28 Grand Island Regular Meeting - 12/8/2008 Page 26 / 28 Grand Island Regular Meeting - 12/8/2008 Page 27 / 28 Grand Island Regular Meeting - 12/8/2008 Page 28 / 28