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01-14-2009 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, January 14, 2009 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 - 1/14/2009 Page 1 / 39 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 - 1/14/2009 Page 2 / 39 Community Redevelopment Authority (CRA) Wednesday, January 14, 2009 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/14/2009 Page 3 / 39 AGENDA Wednesday, January 14, 2009 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 December 8, 2008 Meeting. 3.Approval of Financial Reports 4.Approval of Bills 5.Audit Report with Terry Galloway. 6.Consideration of request from BID 6 for assistance with the landscaping and irrigation system. 7.Adoption of Design Guidelines for the BID 8 Downtown district. 8.Consideration of a Resolution to forward a redevelopment plan amendment to the Hall County Regional Planning Commission for 1814 N Eddy. 9.Consideration of a Resolution of intent to enter into a redevelopment contract 10.Review of Committed Projects and CRA Properties 11.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS RETURN TO REGULAR SESSION 12.Directors Report 13.Adjournment Next Meeting February 11, 2009 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 1/14/2009 Page 4 / 39 Community Redevelopment Authority (CRA) Wednesday, January 14, 2009 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/14/2009 Page 5 / 39 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF December 8, 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 December 8, 2008 at City Hall 100 E First Street. Notice of the meeting was given in the December 1, 2008 Grand Island Independent. 1.CALL TO ORDER Chairman Barry Sandstrom called the meeting to order at 4:08 p.m. The following members were present: Barry Sandstrom, Lee Elliott, Tom Gdowski, Sue Pirnie, and Glen Murray. Also present were; Director, Chad Nabity; Barb Quandt; CRA Attorney; Duane Burns, Finance Director, Dave Springer, Council Liaison Peg Gilbert, Todd Enck, 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 November 17, 2008 meeting, Elliott made the motion to approve the minutes, seconded by Gdowski. Upon roll call vote, all present voted aye. Motion carried unanimously. Murray joined meeting at 4:10 p.m. 3.APPROVAL OF FINANCIAL REPORTS. Dave Springer reviewed the financial reports for the period of November 1, 2008 through November 30, 2008. He noted revenue in the amount of $11,015 and expenses in the amount of $4,064 for the month. Total cash was $1,394,808. Motion by Gdowski, second by Pirnie, to approve the financial reports. Upon roll call vote, all present voted aye. Motion carried unanimously. Grand Island Regular Meeting - 1/14/2009 Page 6 / 39 4.APPROVAL OF BILLS. The bills were reviewed by the Authority. Motion made by Elliott, second by Murray, to approve the bills in the amount of $2418.72. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $2418.72. 5.APPROVAL OF REDEVELOPMENT PLAN FOR 2020 BLAKE STREET. APPROVAL RESOLUTION NO. 97. Nabity stated this was forwarded to the Planning Commission last month; this is the same Redevelopment Plan that was provided last month. The Planning Commission did hold a Public Hearing and they recommended approval; Regional Planning passed Resolution No. 2009-02, this Redevelopment Plan is consistent with the Comprehensive Plan for the City of Grand Island. Also provided is a cost benefit analysis this show the amount Mr. Enck is requesting; $54,650, with the assistance being met in 10 years. The contract is for a 15 year time period and is for the Tax Increment Financing. One change made to the Contract on page 3 (letter a) the Redeveloper is an individual not a corporation. Nabity stated he checked with the area schools, Jefferson and Walnut both have capacity to take in any additional students. With approval of this Resolution this will forward the Redevelopment Plan to City Council for approval on December 16th 2008. Motion was made by Gdowski and second by Pirnie to approve the Resolution No. 97. Upon roll call all present voted aye. Motion carried to approve Resolution No 97. 6. REVIEW OF COMMITTED PROJECTA & CRA PROPERTIES. Nabity commented on the Committed Projects, the Housing Study will hold a meeting this Thursday at 6:30 at the Library they will be presenting their initial findings. Final draft is expected in February. Hall County is still working on paving. Romsa Real Estate Center, has pulled proper permits, anticipation completion is February of 2009. BID 6, still waiting on the bill from the State of NE. Masonic Temple (Paul Warshauer), have not heard anything from him, completion date changed to February 2009. Carpets ‘N’ More, and Blessed Sacrament are moving along nicely those should be done soon January 2009. New Life Community Church Façade is progressing. Wayside Horns 2008 is moving Grand Island Regular Meeting - 1/14/2009 Page 7 / 39 forward, Wayside Horns for 2009 will be bumped. CRA properties Redevelopment Contract is signed and earnest money has been received, and title insurance ordered for 2707 and 2709 S Locust, closing for the property is scheduled before the end of the year. 7.DIRECTORS REPORT. Election of new officers, Gdowski nominated Barry Sandstrom to an additional term as Chairman and Lee Elliott to remain as Vice- Chairman. Motion made by Gdowski, second by Pirnie, to approve the nomination of the Chairman and the Vice-Chairman. Upon roll call vote of three members, Gdowski, Pirnie and Murray, all voted aye. Motion carried unanimously. Sandstrom will remain as Chairman and Elliott will remain as Vice-Chair. 8. ADJOURNMENT. Chairman Sandstrom adjourned the meeting at 4:30 p.m. The next meeting is scheduled for January 14, 2009. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 1/14/2009 Page 8 / 39 Community Redevelopment Authority (CRA) Wednesday, January 14, 2009 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/14/2009 Page 9 / 39 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2008 MONTH ENDED 2008 - 2009 2009 REMAINING DECEMBER 2008 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 1,394,808 1,236,622 1,236,622 REVENUE: Property Taxes 3,587 163,126 697,796 534,670 Loan Proceeds - - - - Interest Income 1,543 3,318 10,000 6,682 Land Sales 500 500 50,000 49,500 Other Revenue 8,274 14,995 - (14,995) TOTAL REVENUE 13,905 181,938 757,796 575,858 TOTAL RESOURCES 1,408,713 1,418,560 1,994,418 575,858 EXPENSES Auditing & Accounting - 375 8,000 7,625 Legal Services 335 1,980 10,000 8,020 Consulting Services - - 10,000 10,000 Contract Services 2,012 6,934 40,000 33,066 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage 34 68 250 182 Matching Grant - - - - Legal Notices - 13 800 787 Licenses & Fees - - - - Travel & Training - - 1,500 1,500 Other Expenditures - - 500 500 Office Supplies 38 38 500 462 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 66,429 66,429 128,002 61,573 Bond Interest 42,868 42,868 94,794 51,926 Interest Expense - - - - - - - TOTAL EXPENSES 111,716 121,563 1,101,896 980,333 INCREASE(DECREASE) IN CASH (97,811) 60,375 (344,100) (404,475) ENDING CASH 1,296,997 1,296,997 892,522 (404,475) LESS COMMITMENTS 583,250 - AVAILABLE CASH 713,747 1,296,997 892,522 (404,475) CHECKING 795,497 PETTY CASH 50 INVESTMENTS 501,451 Total Cash 1,296,997 Grand Island Regular Meeting - 1/14/2009 Page 10 / 39 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2008 MONTH ENDED 2008 - 2009 2009 REMAINING DECEMBER 2008 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 3,587 93,419 475,000 381,581 Interest Income 1,394 2,918 10,000 7,082 Land Sales 500 500 50,000 49,500 Other Revenue & Motor Vehicle Tax - 6,720 - (6,720) TOTAL 5,481 103,557 535,000 431,443 GILI TRUST Property Taxes - 31,431 65,780 34,349 Interest Income - - - - Other Revenue 277 277 - (277) TOTAL 277 31,708 65,780 34,072 CHERRY PARK LTD II Property Taxes - 29,696 59,180 29,484 Interest Income 78 175 - (175) Other Revenue - - - - TOTAL 78 29,871 59,180 29,309 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 16 35 - (35) Other Revenue - - - - TOTAL 16 8,614 19,162 10,548 WALNUT HOUSING PROJECT Property Taxes - - 74,472 74,472 Interest Income 55 189 - (189) Other Revenue 7,998 7,998 - (7,998) TOTAL 8,053 8,187 74,472 66,285 BRUNS PET GROOMING Property Taxes - - - - Interest Income - - - - Other Revenue - - - - TOTAL - - - - GIRARD VET CLINIC Property Taxes - - - - Interest Income - - - - Other Revenue - - - - TOTAL - - - - TOTAL REVENUE 13,905 181,938 757,796 575,858 Grand Island Regular Meeting - 1/14/2009 Page 11 / 39 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2008 MONTH ENDED 2008 - 2009 2009 REMAINING DECEMBER 2008 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting - 375 8,000 7,625 Legal Services 335 1,980 10,000 8,020 Consulting Services - - 10,000 10,000 Contract Services 2,012 6,934 40,000 33,066 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage 34 68 200 132 Matching Grant - - - - Legal Notices - 13 800 787 Licenses & Fees - - - - Travel & Training - - 1,000 1,000 Other Expenditures - - 500 500 Office Supplies 38 38 500 462 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 2,419 12,266 1,437,300 1,425,034 GILI TRUST Bond Principal 25,001 25,001 51,001 26,000 Bond Interest 7,889 7,889 14,779 6,890 Other Expenditures - - - - TOTAL GILI EXPENSES 32,890 32,890 65,780 32,890 CHERRY PARK LTD II Bond Principal 19,487 19,487 39,729 20,242 Bond Interest 10,103 10,103 19,451 9,348 TOTAL CHERRY PARK EXPENSES 29,590 29,590 59,180 29,590 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 4,572 4,572 9,467 4,895 Bond Interest 5,009 5,009 9,695 4,686 TOTAL PROCON TIF 9,581 9,581 19,162 9,581 WALNUT HOUSING PROJECT Bond Principal 17,368 17,368 39,151 21,783 Bond Interest 19,868 19,868 35,321 15,453 - - - TOTAL WALNUT HOUSING 37,236 37,236 74,472 37,236 Grand Island Regular Meeting - 1/14/2009 Page 12 / 39 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2008 MONTH ENDED 2008 - 2009 2009 REMAINING DECEMBER 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 111,716 121,563 1,660,096 1,538,533 Grand Island Regular Meeting - 1/14/2009 Page 13 / 39 Community Redevelopment Authority (CRA) Wednesday, January 14, 2009 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/14/2009 Page 14 / 39 14-Jan-09 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 $2,015.50 Accounting January, February $375.00 Officenet Inc. Postage November $4.28 Almquist Maltzahn Galloway & Luth Audit/September $3,950.00 Lawnscape Snow Removal $160.00 New Life Community Church Façade Improvement $104,500.00 Blessed Sacrement Grant Request $33,401.06 Affordable Housing Market Study Community Development $8,250.00 Carpets 'N' More Façade Improvement $9,400.00 Grand Island Independent Nov/Dec Monthly & Redevelopment Plan Notices $25.38 Mayer, Burns, Koenig & Janulewicz Legal Services $690.00 Total: $162,771.22 Grand Island Regular Meeting - 1/14/2009 Page 15 / 39 Community Redevelopment Authority (CRA) Wednesday, January 14, 2009 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/14/2009 Page 16 / 39 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 Feb 2009 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 December 31, 2008 Grand Island Regular Meeting - 1/14/2009 Page 17 / 39 Community Redevelopment Authority (CRA) Wednesday, January 14, 2009 Regular Meeting Item G1 Grant Request Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/14/2009 Page 18 / 39 Grand Island Regular Meeting - 1/14/2009 Page 19 / 39 Grand Island Regular Meeting - 1/14/2009 Page 20 / 39 Grand Island Regular Meeting - 1/14/2009 Page 21 / 39 Grand Island Regular Meeting - 1/14/2009 Page 22 / 39 Grand Island Regular Meeting - 1/14/2009 Page 23 / 39 Grand Island Regular Meeting - 1/14/2009 Page 24 / 39 Grand Island Regular Meeting - 1/14/2009 Page 25 / 39 Grand Island Regular Meeting - 1/14/2009 Page 26 / 39 Grand Island Regular Meeting - 1/14/2009 Page 27 / 39 Grand Island Regular Meeting - 1/14/2009 Page 28 / 39 Community Redevelopment Authority (CRA) Wednesday, January 14, 2009 Regular Meeting Item I1 TIF Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/14/2009 Page 29 / 39 Grand Island Regular Meeting - 1/14/2009 Page 30 / 39 Grand Island Regular Meeting - 1/14/2009 Page 31 / 39 Grand Island Regular Meeting - 1/14/2009 Page 32 / 39 Grand Island Regular Meeting - 1/14/2009 Page 33 / 39 Grand Island Regular Meeting - 1/14/2009 Page 34 / 39 Grand Island Regular Meeting - 1/14/2009 Page 35 / 39 Grand Island Regular Meeting - 1/14/2009 Page 36 / 39 Grand Island Regular Meeting - 1/14/2009 Page 37 / 39 Grand Island Regular Meeting - 1/14/2009 Page 38 / 39 Grand Island Regular Meeting - 1/14/2009 Page 39 / 39