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05-21-2009 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Thursday, May 21, 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 - 5/21/2009 Page 1 / 25 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 - 5/21/2009 Page 2 / 25 Community Redevelopment Authority (CRA) Thursday, May 21, 2009 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 5/21/2009 Page 3 / 25 AGENDA Wednesday May 21, 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 April 8, 2009 Meeting. 3.Approval of Financial Reports 4.Approval of Bills 5.Consideration of Façade Improvement Grant Request for The Dock LLC, located at 355 N Pine St., A MOTION is in order. 6.Discussion of CRA designated areas and potential for housing development/redevelopment within those areas. 7.Review of Committed Projects and CRA Properties 8.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS RETURN TO REGULAR SESSION 9.Approve Resolution or Resolutions to Purchase/Sell Property 10.Directors Report 11.Adjournment Next Meeting June ?, 2009 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 5/21/2009 Page 4 / 25 Community Redevelopment Authority (CRA) Thursday, May 21, 2009 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 5/21/2009 Page 5 / 25 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF April 8, 2009 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 8, 2009 at City Hall 100 E First Street. Notice of the meeting was given in the April 2, 2009 Grand Island Independent. 1.CALL TO ORDER Chairman Barry Sandstrom called the meeting to order at 4:00 p.m. The following members were present: Barry Sandstrom, Lee Elliott, Tom Gdowski, Sue Pirnie and Glen Murray. Also present were; Director, Chad Nabity; Rose Woods; CRA Attorney; Duane Burns, Council Liaison, Kurt Ramsey. 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 19, 2009 meeting, noted were a few changes, in the financial reports change the month to February, also some grammar on item number six. With the corrections noted to be changed Murray made the motion to approve the March 19, meeting minutes and was seconded by Gdowski. Upon roll call vote, all present voted aye. Motion carried unanimously. 3.APPROVAL OF FINANCIAL REPORTS. Sandstrom reviewed the financial reports for the period of March 1, 2009 through March 31, 2009. He noted revenue in the amount of $8,738 and expenses in the amount of $3,587 for the month. Total cash was $1,233,008. Motion by Pirnie, seconded 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. Motion made by Elliott, seconded by Pirnie, to approve the bills in the amount of $2773.19. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $2773.19. Grand Island Regular Meeting - 5/21/2009 Page 6 / 25 5.DISCUSSION OF CRA DESIGNATED AREAS AND POTENTIAL FOR HOUSING DEVELOPMENT/REDEVELOPMENT WITHIN THOSE AREAS. Nabity explained this was in reference to last month’s discussion. Nabity brought in a map of the current blighted and substandard areas this map also showed the current sewer and water lines. Nabity stated this was like a mini retreat to look over the different areas and decide how to move forward. Nabity talked about bringing in Mike Bacon who is familiar with TIF districts to come in and talk to the CRA board members to consider areas where this could be used to capture that area for 15 years, this would be approximately a ten block area where CRA could do some demolition or new construction. Maybe a grant program similar to the façade program, but used for residential purposes in that specific neighborhood, or perhaps tie in with the Community Development block grant funds and use this as an engine to start driving some of the improvements working with the Housing Development Corporation and Habitat to maybe build new homes in the selected areas. Nabity stated while speaking with Bacon, he said this project could be possible however there were caveats. It could be something that the CRA could do working with the other programs. There would be time frame issues as the time clock starts on the whole project area if using TIF money. There would be issues for people coming in after requesting TIF funds, example the Five Points area. When working with the CRA the qualifications would not necessarily have to income qualifies as in some of the other programs and this may be able to impact a neighborhood with some improvements. The Community Development has a community revitalization area where they use CDBG funds currently that is south of City Hall, this is the third year of the grant and next year a new area. With having a new area CRA may be in the position to pick a similar area to use. There is no significant acreage that has sewer and water that would be available or affordable to be able to develop something like Pleasant View. CRA can look at scattered sites, this may be harder to make this work to capture the TIF and generate the income to buy down the project costs. Sandstrom recommended talking to Craig Lewis to see if there are houses that are near being red tagged if there would be no relocation costs, possibly CRA obtaining the lot, cleaning it up and then giving the property to Habitat or Housing Development Corporation. Nabity stated Bacon could come in to talk to the CRA board for about $600.00 for an hour this would also include his drive time. Grand Island Regular Meeting - 5/21/2009 Page 7 / 25 Another option for CRA would be to partially fund the things up front, hold the note CRA would get the TIF back and get interest back and roll back into the CRA. Nabity said there are lots of options and his reason for bringing in the maps were for members to look at and draw on it to circle some areas that the CRA may be interested in. Nabity said Lewis and him have talked about looking at three or four different blocks that have houses that could be obtained. NSP funds Neighborhood Stabilization Program Funds the City will be apply for those for up to one million dollars to buy foreclosed properties that are in bad shape and use federal dollars to tear those down and make those lots available for redevelopment. Gdowski suggested getting a plan and refocusing on what CRA wants to do. CRA has been helping the Downtown area, the Façade projects and grants and they need to reaffirm what plan the CRA wants to do. Also by bringing in Bacon and having him give suggestions to the board as to three things they may want to consider or any recommendations Regional Planning may have. Sandstrom recommended that Nabity and Lewis scope out areas that have homes that are in disrepair, work with real estate to find homes that are vacant and also to look for developers who would be interested in presenting a proposal for some areas that could be developed including the property off South Locust if it could be acquired. Elliott stated he would like to partner with Linda Addison to purchase, rehab and resell homes to those who income qualify or even with down payment assistance. Councilman Ramsey suggested doing a few houses in an area and that would greatly improve an area. Upgrading the neighborhood brings in more dollars in the long run. The function of the CRA is to eliminate the blighted and substandard areas. Final discussions were to bring in Bacon and have a stand alone meeting with the CRA Board possibly in June to toss around some ideas and gain a new perspective on what CRA can do to be actively involved. Work with realtors to find homes that may qualify on what CRA is looking to do. Finally to have Chad and Lewis locate some areas that could be target properties. 6. REVIEW OF COMMITTED PROJECTS & CRA PROPERTIES. Nabity stated BID 6 should be getting their bill to the CRA for payment shortly, Nabity said that Public Works will be using the First street properties as a staging area for their upcoming project. They will be maintaining this property until the project is finished. Grand Island Regular Meeting - 5/21/2009 Page 8 / 25 7. ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIONS. There were no negations to discuss. 8.DIRECTOR’S REPORT. 9. ADJOURNMENT. Chairman Sandstrom asked for a motion to adjourn the meeting, motion made by Pirnie and seconded by Murray, Sandstrom adjourned the meeting at 5:10 p.m. The next meeting is scheduled for May 13, 2009. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 5/21/2009 Page 9 / 25 Community Redevelopment Authority (CRA) Thursday, May 21, 2009 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 5/21/2009 Page 10 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF APRIL 2009 MONTH ENDED 2008 - 2009 2009 REMAINING APRIL 2009 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 1,233,008 1,236,622 1,236,622 REVENUE: Property Taxes 16,143 236,437 697,796 461,359 Loan Proceeds - - - - Interest Income 500 6,295 10,000 3,705 Land Sales - 47,335 50,000 2,665 Other Revenue - 16,053 - (16,053) TOTAL REVENUE 16,643 306,119 757,796 451,677 TOTAL RESOURCES 1,249,651 1,542,741 1,994,418 451,677 EXPENSES Auditing & Accounting 375 5,121 8,000 2,879 Legal Services 285 4,244 10,000 5,756 Consulting Services - - 10,000 10,000 Contract Services 2,100 15,726 40,000 24,274 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage - 102 250 148 Matching Grant - - - - Legal Notices 13 90 800 710 Licenses & Fees - - - - Travel & Training - - 1,500 1,500 Other Expenditures - - 500 500 Office Supplies - 38 500 462 Supplies - - 300 300 Land - 129 100,000 99,871 Façade Improvement - 155,551 200,000 44,449 South Locust - - - - Alleyway Improvement - - - - Other Projects - 2,858 500,000 497,142 Bond Principal - 68,130 128,002 59,872 Bond Interest - 43,873 94,794 50,921 Interest Expense - - - - - - - TOTAL EXPENSES 2,773 295,863 1,101,896 806,033 INCREASE(DECREASE) IN CASH 13,870 10,256 (344,100) (354,356) ENDING CASH 1,246,878 1,246,878 892,522 (354,356) LESS COMMITMENTS 520,200 520,200 AVAILABLE CASH 726,678 726,678 892,522 (354,356) CHECKING 345,378 PETTY CASH 50 INVESTMENTS 901,451 Total Cash 1,246,878 Grand Island Regular Meeting - 5/21/2009 Page 11 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF APRIL 2009 MONTH ENDED 2008 - 2009 2009 REMAINING APRIL 2009 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 16,004 161,420 475,000 313,580 Interest Income 468 5,717 10,000 4,283 Land Sales - 47,335 50,000 2,665 Other Revenue & Motor Vehicle Tax - 7,077 - (7,077) TOTAL 16,472 221,549 535,000 313,451 GILI TRUST Property Taxes 45 32,887 65,780 32,893 Interest Income - - - - Other Revenue - 277 - (277) TOTAL 45 33,164 65,780 32,616 CHERRY PARK LTD II Property Taxes 42 31,071 59,180 28,109 Interest Income 29 349 - (349) Other Revenue - - - - TOTAL 71 31,420 59,180 27,760 GENTLE DENTAL Property Taxes 3 98 4,202 4,104 Interest Income 0 1 - (1) Other Revenue - 702 - (702) TOTAL 3 800 4,202 3,402 PROCON TIF Property Taxes 7 8,962 19,162 10,200 Interest Income 1 36 - (36) Other Revenue - - - - TOTAL 7 8,997 19,162 10,165 WALNUT HOUSING PROJECT Property Taxes 43 1,393 74,472 73,079 Interest Income 2 193 - (193) Other Revenue - 7,998 - (7,998) TOTAL 45 9,583 74,472 64,889 BRUNS PET GROOMING Property Taxes - 199 - (199) Interest Income - - - - Other Revenue - - - - TOTAL - 199 - (199) GIRARD VET CLINIC Property Taxes - 197 - (197) Interest Income - - - - Other Revenue - - - - TOTAL - 197 - (197) GEDDES ST APTS-PROCON Property Taxes - 25 - (25) Interest Income - - - - Other Revenue - - - - Grand Island Regular Meeting - 5/21/2009 Page 12 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF APRIL 2009 MONTH ENDED 2008 - 2009 2009 REMAINING APRIL 2009 YEAR TO DATE BUDGET BALANCE TOTAL - 25 - (25) SOUTHEAST CROSSING Property Taxes - 184 - (184) Interest Income - - - - Other Revenue - - - - TOTAL - 184 - (184) TOTAL REVENUE 16,643 306,119 757,796 451,677 Grand Island Regular Meeting - 5/21/2009 Page 13 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF APRIL 2009 MONTH ENDED 2008 - 2009 2009 REMAINING APRIL 2009 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting 375 5,121 8,000 2,879 Legal Services 285 4,244 10,000 5,756 Consulting Services - - 10,000 10,000 Contract Services 2,100 15,726 40,000 24,274 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage - 102 200 98 Matching Grant - - - - Legal Notices 13 90 800 710 Licenses & Fees - - - - Travel & Training - - 1,000 1,000 Other Expenditures - - 500 500 Office Supplies - 38 500 462 Supplies - - 300 300 Land - 129 100,000 99,871 PROJECTS Façade Improvement - 155,551 758,750 603,199 South Locust - - - - Alleyway Improvement - - - - Other Projects - 2,858 500,000 497,142 TOTAL CRA EXPENSES 2,773 183,860 1,437,300 1,253,440 GILI TRUST Bond Principal - 25,001 51,001 26,000 Bond Interest - 7,889 14,779 6,890 Other Expenditures - - - - TOTAL GILI EXPENSES - 32,890 65,780 32,890 CHERRY PARK LTD II Bond Principal - 19,487 39,729 20,242 Bond Interest - 10,103 19,451 9,348 TOTAL CHERRY PARK EXPENSES - 29,590 59,180 29,590 GENTLE DENTAL Bond Principal - 1,096 2,276 1,180 Bond Interest - 1,005 1,926 921 TOTAL GENTLE DENTAL - 2,101 4,202 2,101 PROCON TIF Bond Principal - 4,572 9,467 4,895 Bond Interest - 5,009 9,695 4,686 TOTAL PROCON TIF - 9,581 19,162 9,581 WALNUT HOUSING PROJECT Bond Principal - 17,368 39,151 21,783 Bond Interest - 19,868 35,321 15,453 - - - TOTAL WALNUT HOUSING - 37,236 74,472 37,236 Grand Island Regular Meeting - 5/21/2009 Page 14 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF APRIL 2009 MONTH ENDED 2008 - 2009 2009 REMAINING APRIL 2009 YEAR TO DATE BUDGET BALANCE BRUNS PET GROOMING Bond Principal - 199 - (199) Bond Interest - - - - TOTAL BRUNS PET GROOMING - 199 - (199) GIRARD VET CLINIC Bond Principal - 197 - (197) Bond Interest - - - - TOTAL GIRARD VET CLINIC - 197 - (197) GEDDES ST APTS - PROCON Bond Principal - 25 - (25) Bond Interest - - - - TOTAL GEDDES ST APTS - PROCON - 25 - (25) SOUTHEAST CROSSINGS Bond Principal - 184 - (184) Bond Interest - - - - TOTAL SOUTHEAST CROSSINGS - 184 - (184) TOTAL EXPENSES 2,773 295,863 1,660,096 1,364,442 Grand Island Regular Meeting - 5/21/2009 Page 15 / 25 Community Redevelopment Authority (CRA) Thursday, May 21, 2009 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 5/21/2009 Page 16 / 25 21-May-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 $3,157.73 Accounting Officenet Inc. Postage $6.52 Lawnscape Grand Island Independent $12.91 Monthly & Redevelopment Plan Notices Mayer, Burns, Koenig & Janulewicz Legal Services $150.00 Total: $3,327.16 Grand Island Regular Meeting - 5/21/2009 Page 17 / 25 Community Redevelopment Authority (CRA) Thursday, May 21, 2009 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 5/21/2009 Page 18 / 25 COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE BID 6 (Landscaping)$95,000 Fall 2009 Hall County $37,500 Spring 2009 Romsa Real Estate Center $75,000 Spring 2009 BID 6 (Conduit)$55,000 Spring 2009 Paul Warshauer (Masonic Temple) $17,700 Spring 2009 2008 Wayside Horns $140,000 Spring 2009 2009 Wayside Horns $100,000 Fall 2009 Total Committed $520,200 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 211 E 1st $34,702 11-13-07 $8,000 Surplus April 30, 2009 Grand Island Regular Meeting - 5/21/2009 Page 19 / 25 Community Redevelopment Authority (CRA) Thursday, May 21, 2009 Regular Meeting Item F1 Facade Request Staff Contact: Chad Nabity Grand Island Regular Meeting - 5/21/2009 Page 20 / 25 Grand Island Regular Meeting - 5/21/2009 Page 21 / 25 Grand Island Regular Meeting - 5/21/2009 Page 22 / 25 Grand Island Regular Meeting - 5/21/2009 Page 23 / 25 Grand Island Regular Meeting - 5/21/2009 Page 24 / 25 Grand Island Regular Meeting - 5/21/2009 Page 25 / 25