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08-12-2009 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, August 12, 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 - 8/12/2009 Page 1 / 24 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 - 8/12/2009 Page 2 / 24 Community Redevelopment Authority (CRA) Wednesday, August 12, 2009 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/12/2009 Page 3 / 24 AGENDA Wednesday August 12, 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 July 21, 2009 Meeting. 3.Approval of Financial Reports. 4.Approval of Bills. 5.Consideration of Façade Improvement Grant Request for The Tattered Book, located at 110 W 3rd St., A MOTION is in order. 6.Barbara Quandt discussing Community Development Block Grant program requirements for housing rehabilitation. 7.Discussion of potential “Bucket” TIF project in northeast Grand Island along 11th and Poplar. 8.Review of Committed Projects and CRA Properties. 9.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS RETURN TO REGULAR SESSION 10.Approve Resolution or Resolutions to Purchase/Sell Property 11.Directors Report 12.Adjournment Next Meeting September 9, 2009 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 8/12/2009 Page 4 / 24 Community Redevelopment Authority (CRA) Wednesday, August 12, 2009 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/12/2009 Page 5 / 24 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF July 21, 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 July 21, 2009 at City Hall 100 E First Street. Notice of the meeting was given in the July 17, 2009 Grand Island Independent. 1.CALL TO ORDER Chairman Barry Sandstrom called the meeting to order at 12:05 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. 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 June 25th, 2009 meeting, Murray made the motion to approve the June 25th, 2009, meeting minutes upon the correction made to Item number 6, the Committed Projects. Motion was seconded by Gdowski. Upon roll call vote, all present voted aye. Motion carried unanimously. 3.APPROVAL OF FINANCIAL REPORTS. Nabity reviewed the financial reports for the period of June 1, 2009 through June 30, 2009. He noted revenue in the amount of $95, 507 and expenses in the amount of $114, 816 for the month. Total cash was $1,400,751. 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 Sandstrom. Motion made by Murray seconded by Gdowski to approve the bills in the amount of $3022.21. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $3022.21. 5.PRESENTATION BY BARBARA QUANDT. Presentation date changed to the August 12th meeting. Grand Island Regular Meeting - 8/12/2009 Page 6 / 24 6.DISCUSSION OF 2009-2010 BUDGET. Nabity reviewed the Committed Projects stating most of the requests for final payments will be coming in the next month or two. Nabity noted the cash on hand is $1.4 million but with those projects being finished the amount of on hand cash would not be near as great. Nabity proposed the Budget be changed to $425,000; this would be a drop of around 12%. Some discussion followed regarding Bucket TIF’s, Downtown Development and other grants. Gdowski made the motion to approve $425,000 for the 2009-2010 Budget, seconded by Pirnie. Upon roll call vote all present voted aye. Motion carried unanimously, to approve the 2009-2010 Budget to be $425,000. 7. RESOLUTION #101 TO APPROVE THE 2009-2010 BUDGET. Gdowski made the motion to approve Resolution 101 in the amount of $425,000 for the 2009-2010 Budget, seconded by Murray. Upon roll call vote all present voted aye. Motion carried unanimously, to approve Resolution #101 for the 2009-2010 Budget to be $425,000. 8. REVIEW OF COMMITTED PROJECTS AND CRA PROPERTY. BID 6 (Landscaping), Hall County, Romsa Real Estate, Wayside Horns, will be submitted for payment in August or September. Hall County is still moving forward Bids have been received and project should begin soon. 9. ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIONS. No executive session needed. 10. DIRECTOR’S REPORT. There will be some Façade requests for the meeting next month. 9. ADJOURNMENT. Chairman Sandstrom adjourned the meeting at 12:45 p.m. The next meeting is scheduled for August 12th at 4:00 p.m. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 8/12/2009 Page 7 / 24 Community Redevelopment Authority (CRA) Wednesday, August 12, 2009 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/12/2009 Page 8 / 24 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JULY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING JULY 2009 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 1,450,751 1,236,622 1,236,622 REVENUE: Property Taxes 19,890 588,288 697,796 109,508 Loan Proceeds - - - - Interest Income 3,627 10,395 10,000 (395) Land Sales - 47,335 50,000 2,665 Other Revenue - 23,871 - (23,871) TOTAL REVENUE 23,517 669,889 757,796 87,907 TOTAL RESOURCES 1,474,268 1,906,511 1,994,418 87,907 EXPENSES Auditing & Accounting 375 5,496 8,000 2,504 Legal Services 180 4,694 10,000 5,306 Consulting Services - - 10,000 10,000 Contract Services 2,426 23,416 40,000 16,584 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage - 128 250 122 Matching Grant - - - - Legal Notices 41 172 800 628 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 - 157,338 128,002 (29,336) Bond Interest - 85,445 94,794 9,349 Interest Expense - - - - - - - TOTAL EXPENSES 3,022 435,265 1,101,896 666,631 INCREASE(DECREASE) IN CASH 20,495 234,624 (344,100) (578,724) ENDING CASH 1,471,246 1,471,246 892,522 (578,724) LESS COMMITMENTS 579,950 579,950 AVAILABLE CASH 891,296 891,296 892,522 (578,724) CHECKING 566,340 PETTY CASH 50 INVESTMENTS 904,856 Total Cash 1,471,246 Grand Island Regular Meeting - 8/12/2009 Page 9 / 24 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JULY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING JULY 2009 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 15,526 385,181 475,000 89,819 Interest Income 3,587 9,689 10,000 311 Land Sales - 47,335 50,000 2,665 Other Revenue & Motor Vehicle Tax - 8,357 - (8,357) TOTAL 19,113 450,562 535,000 84,438 GILI TRUST Property Taxes 45 65,773 65,780 7 Interest Income - - - - Other Revenue - 277 - (277) TOTAL 45 66,050 65,780 (269) CHERRY PARK LTD II Property Taxes 42 62,141 59,180 (2,961) Interest Income 40 463 - (463) Other Revenue - - - - TOTAL 82 62,604 59,180 (3,424) GENTLE DENTAL Property Taxes 4,228 4,424 4,202 (222) Interest Income 0 1 - (1) Other Revenue - 2,610 - (2,610) TOTAL 4,228 7,034 4,202 (2,832) PROCON TIF Property Taxes 7 17,918 19,162 1,244 Interest Income - 36 - (36) Other Revenue - 232 - (232) TOTAL 7 18,186 19,162 976 WALNUT HOUSING PROJECT Property Taxes 43 32,864 74,472 41,608 Interest Income 0 207 - (207) Other Revenue - 12,395 - (12,395) TOTAL 43 45,466 74,472 29,006 BRUNS PET GROOMING Property Taxes - 4,986 - (4,986) Interest Income - - - - Other Revenue - - - - TOTAL - 4,986 - (4,986) GIRARD VET CLINIC Property Taxes - 4,940 - (4,940) Interest Income - - - - Other Revenue - - - - TOTAL - 4,940 - (4,940) GEDDES ST APTS-PROCON Property Taxes - 1,195 - (1,195) Interest Income - - - - Other Revenue - - - - Grand Island Regular Meeting - 8/12/2009 Page 10 / 24 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JULY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING JULY 2009 YEAR TO DATE BUDGET BALANCE TOTAL - 1,195 - (1,195) SOUTHEAST CROSSING Property Taxes - 8,866 - (8,866) Interest Income - - - - Other Revenue - - - - TOTAL - 8,866 - (8,866) TOTAL REVENUE 23,517 669,889 757,796 87,907 Grand Island Regular Meeting - 8/12/2009 Page 11 / 24 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JULY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING JULY 2009 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting 375 5,496 8,000 2,504 Legal Services 180 4,694 10,000 5,306 Consulting Services - 10,000 10,000 Contract Services 2,426 23,416 40,000 16,584 Printing & Binding - - 1,000 1,000 Other Professional Services - - 6,000 6,000 General Liability Insurance - - 250 250 Postage - 128 200 72 Matching Grant - - - - Legal Notices 41 172 800 628 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 3,022 192,482 1,437,300 1,244,818 GILI TRUST Bond Principal - 51,001 51,001 (0) Bond Interest - 14,779 14,779 0 Other Expenditures - - - - TOTAL GILI EXPENSES - 65,780 65,780 - CHERRY PARK LTD II Bond Principal - 39,729 39,729 (0) Bond Interest - 19,451 19,451 0 TOTAL CHERRY PARK EXPENSES - 59,180 59,180 (0) GENTLE DENTAL Bond Principal - 2,236 2,276 40 Bond Interest - 1,966 1,926 (40) TOTAL GENTLE DENTAL - 4,202 4,202 - PROCON TIF Bond Principal - 9,064 9,467 404 Bond Interest - 10,098 9,695 (403) TOTAL PROCON TIF - 19,162 19,162 0 WALNUT HOUSING PROJECT Bond Principal - 35,321 39,151 3,830 Bond Interest - 39,151 35,321 (3,830) - - - TOTAL WALNUT HOUSING - 74,472 74,472 0 Grand Island Regular Meeting - 8/12/2009 Page 12 / 24 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JULY 2009 MONTH ENDED 2008 - 2009 2009 REMAINING JULY 2009 YEAR TO DATE BUDGET BALANCE BRUNS PET GROOMING Bond Principal - 4,986 - (4,986) Bond Interest - - - - TOTAL BRUNS PET GROOMING - 4,986 - (4,986) GIRARD VET CLINIC Bond Principal - 4,940 - (4,940) Bond Interest - - - - TOTAL GIRARD VET CLINIC - 4,940 - (4,940) GEDDES ST APTS - PROCON Bond Principal - 1,195 - (1,195) Bond Interest - - - - TOTAL GEDDES ST APTS - PROCON - 1,195 - (1,195) SOUTHEAST CROSSINGS Bond Principal - 8,866 - (8,866) Bond Interest - - - - TOTAL SOUTHEAST CROSSINGS - 8,866 - (8,866) TOTAL EXPENSES 3,022 435,265 1,660,096 1,234,892 Grand Island Regular Meeting - 8/12/2009 Page 13 / 24 Community Redevelopment Authority (CRA) Wednesday, August 12, 2009 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/12/2009 Page 14 / 24 12-Aug-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 $2,105.89 Accounting Officenet Inc. Postage $16.45 Hall County Board of Supervisors $37,500.00 New Life Community Church $2,500.00 Lawnscape Grand Island Independent Monthly & Redevelopment Plan Notices Mayer, Burns, Koenig & Janulewicz Legal Services $135.00 Total: $42,257.34 Grand Island Regular Meeting - 8/12/2009 Page 15 / 24 Community Redevelopment Authority (CRA) Wednesday, August 12, 2009 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/12/2009 Page 16 / 24 COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE BID 6 (Landscaping)$95,000 Fall 2009 Hall County $37,500 Summer 2009 Romsa Real Estate Center $75,000 Fall 2009 New Life Community Church $2,500 July 2009 BID 6 (Conduit)$55,000 Spring 2009 Paul Warshauer (Masonic Temple) $17,700 Spring 2009 2008 Wayside Horns $140,000 Fall 2009 2009 Wayside Horns $100,000 Fall 2009 The Dock Façade $57,250 Fall 2009 Total Committed $579,950 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 July 31, 2009 Grand Island Regular Meeting - 8/12/2009 Page 17 / 24 Community Redevelopment Authority (CRA) Wednesday, August 12, 2009 Regular Meeting Item F1 Facade Request Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/12/2009 Page 18 / 24 Grand Island Regular Meeting - 8/12/2009 Page 19 / 24 Grand Island Regular Meeting - 8/12/2009 Page 20 / 24 Grand Island Regular Meeting - 8/12/2009 Page 21 / 24 Grand Island Regular Meeting - 8/12/2009 Page 22 / 24 Grand Island Regular Meeting - 8/12/2009 Page 23 / 24 Grand Island Regular Meeting - 8/12/2009 Page 24 / 24