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06-25-2009 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Thursday, June 25, 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 - 6/25/2009 Page 1 / 17 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 - 6/25/2009 Page 2 / 17 Community Redevelopment Authority (CRA) Thursday, June 25, 2009 Regular Meeting Item -1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/25/2009 Page 3 / 17 AGENDA Thursday June 25, 2009 2:30 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 May 27, 2009 Meeting. 3.Approval of Financial Reports 4.Approval of Bills 5.Mike Bacon discussing the potential and the pitfalls of creating a TIF district for residential improvements. 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 July ?, 2009 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 6/25/2009 Page 4 / 17 Community Redevelopment Authority (CRA) Thursday, June 25, 2009 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/25/2009 Page 5 / 17 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF May 27, 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 May 27, 2009 at City Hall 100 E First Street. Notice of the meeting was given in the May 21, 2009 Grand Island Independent. 1.CALL TO ORDER Chairman Barry Sandstrom called the meeting to order at 10:40 p.m. The following members were present: Barry Sandstrom, Tom Gdowski, Sue Pirnie and Glen Murray. Also present were; Director, Chad Nabity; Rose Woods; CRA Attorney; Duane Burns, Council Liaison, Kirk Ramsey, Marv Webb, Russ Giesenhagen, Dennis O’Hara, Tim O’Hara and 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 April 8, 2009 meeting, Pirnie made the motion to approve the April 8, 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 April 1, 2009 through April 30, 2009. He noted revenue in the amount of $16,643 and expenses in the amount of $2,773 for the month. Total cash was $1,246,878. Motion by Gdowski, 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 Murray, seconded by Pirnie, to approve the bills in the amount of $3327.16. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $3327.16. 5.CONSIDERATION OF FAÇADE IMPROVEMENT GRANT REQUEST FOT THE DOCK LLC, located at 355 N Pine St., Nabity stated Pirnie and Gdowski were on the committee who reviewed the request for the Façade Grand Island Regular Meeting - 6/25/2009 Page 6 / 17 Grant, and the total funding requested by Dennis O’Hara was $57, 275 that would meet the CRA criteria. This is also the first CRA façade project to be on the north side of the Union Pacific railroad tracks. O’Hara stated funding was in place and the process will be moving forward. O’Hara said this is a historic landmark and visible to the downtown area. Marv Webb noted this is a very solid built building. Gdowski liked that the project was being done right away. A motion was made by Gdowski to approve the façade request at $57, 275 and seconded by Pirnie. Upon roll call all present voted aye, motion carried unanimously to approve the façade request. 6. DISCUSSION OF CRA DESIGNATED AREAS AND POTENTIAL FOR HOUSING DEVELOPMENT/REDEVELOPMENT WITHIN THIOSE AREAS. Nabity stated the meeting for June could be a mini retreat bringing in Mike Bacon for his presentation and the payment of bills would be the agenda of the meeting. 7. ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIONS. Entered into executive session at 10:54, a motion made by Gdowski and seconded by Pirnie. Exited out of executive session at 11:11, a motion was made by Gdowski and seconded by Murray. 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 11:12 a.m. The next meeting is scheduled for June 2009. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 6/25/2009 Page 7 / 17 Community Redevelopment Authority (CRA) Thursday, June 25, 2009 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/25/2009 Page 8 / 17 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF MAY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING MAY 2009 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 1,246,878 1,236,622 1,236,622 REVENUE: Property Taxes 243,229 479,665 697,796 218,131 Loan Proceeds - - - - Interest Income 237 6,532 10,000 3,468 Land Sales - 47,335 50,000 2,665 Other Revenue 1,280 17,333 - (17,333) TOTAL REVENUE 244,746 550,865 757,796 206,931 TOTAL RESOURCES 1,491,624 1,787,487 1,994,418 206,931 EXPENSES Auditing & Accounting - 5,121 8,000 2,879 Legal Services 150 4,394 10,000 5,606 Consulting Services - - 10,000 10,000 Contract Services 3,158 18,884 40,000 21,116 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage 7 109 250 141 Matching Grant - - - - Legal Notices 13 103 800 697 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 18,237 86,367 128,002 41,635 Bond Interest - 43,873 94,794 50,921 Interest Expense - - - - - - - TOTAL EXPENSES 21,564 317,427 1,101,896 784,469 INCREASE(DECREASE) IN CASH 223,182 233,439 (344,100) (577,539) ENDING CASH 1,470,060 1,470,060 892,522 (577,539) LESS COMMITMENTS 520,200 520,200 AVAILABLE CASH 949,860 949,860 892,522 (577,539) CHECKING 568,560 PETTY CASH 50 INVESTMENTS 901,451 Total Cash 1,470,060 Grand Island Regular Meeting - 6/25/2009 Page 9 / 17 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF MAY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING MAY 2009 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 129,353 290,774 475,000 184,226 Interest Income 212 5,930 10,000 4,070 Land Sales - 47,335 50,000 2,665 Other Revenue & Motor Vehicle Tax 1,280 8,357 - (8,357) TOTAL 130,846 352,396 535,000 182,605 GILI TRUST Property Taxes 32,797 65,684 65,780 96 Interest Income - - - - Other Revenue - 277 - (277) TOTAL 32,797 65,960 65,780 (180) CHERRY PARK LTD II Property Taxes 30,986 62,057 59,180 (2,877) Interest Income 23 372 - (372) Other Revenue - - - - TOTAL 31,009 62,429 59,180 (3,249) GENTLE DENTAL Property Taxes 95 193 4,202 4,009 Interest Income 0 1 - (1) Other Revenue - 702 - (702) TOTAL 95 895 4,202 3,307 PROCON TIF Property Taxes 375 9,337 19,162 9,825 Interest Income 0 36 - (36) Other Revenue - - - - TOTAL 376 9,373 19,162 9,789 WALNUT HOUSING PROJECT Property Taxes 31,386 32,779 74,472 41,693 Interest Income 1 194 - (194) Other Revenue - 7,998 - (7,998) TOTAL 31,387 40,970 74,472 33,502 BRUNS PET GROOMING Property Taxes 4,787 4,986 - (4,986) Interest Income - - - - Other Revenue - - - - TOTAL 4,787 4,986 - (4,986) GIRARD VET CLINIC Property Taxes 4,743 4,940 - (4,940) Interest Income - - - - Other Revenue - - - - TOTAL 4,743 4,940 - (4,940) GEDDES ST APTS-PROCON Property Taxes 25 50 - (50) Interest Income - - - - Other Revenue - - - - Grand Island Regular Meeting - 6/25/2009 Page 10 / 17 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF MAY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING MAY 2009 YEAR TO DATE BUDGET BALANCE TOTAL 25 50 - (50) SOUTHEAST CROSSING Property Taxes 8,682 8,866 - (8,866) Interest Income - - - - Other Revenue - - - - TOTAL 8,682 8,866 - (8,866) TOTAL REVENUE 244,746 550,865 757,796 206,931 Grand Island Regular Meeting - 6/25/2009 Page 11 / 17 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF MAY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING MAY 2009 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting - 5,121 8,000 2,879 Legal Services 150 4,394 10,000 5,606 Consulting Services - - 10,000 10,000 Contract Services 3,158 18,884 40,000 21,116 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage 7 109 200 91 Matching Grant - - - - Legal Notices 13 103 800 697 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 3,327 187,187 1,437,300 1,250,113 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 - 6/25/2009 Page 12 / 17 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF MAY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING MAY 2009 YEAR TO DATE BUDGET BALANCE BRUNS PET GROOMING Bond Principal 4,787 4,986 - (4,986) Bond Interest - - - - TOTAL BRUNS PET GROOMING 4,787 4,986 - (4,986) GIRARD VET CLINIC Bond Principal 4,743 4,940 - (4,940) Bond Interest - - - - TOTAL GIRARD VET CLINIC 4,743 4,940 - (4,940) GEDDES ST APTS - PROCON Bond Principal 25 50 - (50) Bond Interest - - - - TOTAL GEDDES ST APTS - PROCON 25 50 - (50) SOUTHEAST CROSSINGS Bond Principal 8,682 8,866 - (8,866) Bond Interest - - - - TOTAL SOUTHEAST CROSSINGS 8,682 8,866 - (8,866) TOTAL EXPENSES 21,564 317,427 1,660,096 1,351,585 Grand Island Regular Meeting - 6/25/2009 Page 13 / 17 Community Redevelopment Authority (CRA) Thursday, June 25, 2009 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/25/2009 Page 14 / 17 25-Jun-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 $2,105.88 Accounting Officenet Inc. Postage $19.03 Lawnscape Grand Island Independent Monthly & Redevelopment Plan Notices $27.71 Mayer, Burns, Koenig & Janulewicz Legal Services $120.00 Total: $2,272.62 Grand Island Regular Meeting - 6/25/2009 Page 15 / 17 Community Redevelopment Authority (CRA) Thursday, June 25, 2009 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 6/25/2009 Page 16 / 17 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 May 31, 2009 Grand Island Regular Meeting - 6/25/2009 Page 17 / 17