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11-12-2009 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Thursday, November 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 - 11/12/2009 Page 1 / 26 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 - 11/12/2009 Page 2 / 26 Community Redevelopment Authority (CRA) Thursday, November 12, 2009 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2009 Page 3 / 26 AGENDA Thursday, November 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 October 14, 2009 Meeting. 3.Approval of Financial Reports. 4.Approval of Bills. 5.Consideration of a Resolution to forward a redevelopment plan amendment to the Hall County Regional Planning Commission for 703 S Lincoln St. 6.Consideration of a Resolution of intent to enter into a redevelopment contract. 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 December 8, 2009 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 11/12/2009 Page 4 / 26 Community Redevelopment Authority (CRA) Thursday, November 12, 2009 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2009 Page 5 / 26 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF October 14, 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 October 14, 2009 at City Hall 100 E First Street. Notice of the meeting was given in the October 7, 2009 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: Glen Murray, Sue Pirnie and Lee Elliott. Also present were; Director, Chad Nabity; Rose Woods; Finance Director; Mary Lou Brown. 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 September 9, 2009 meeting, Pirnie requested a change in meeting minutes to #12 changing Co-Chair Elliott was the one who adjourned last months meeting. Pirnie made the motion to approve the September 9th, 2009 meeting minutes with the corrected change. Motion was seconded by Elliott. Upon roll call vote, all present voted aye. Motion carried unanimously. 3.APPROVAL OF FINANCIAL REPORTS. Mary Lou Brown reviewed the financial reports for the period of September 1, 2009 through September 30, 2009. She noted revenue in the amount of $157,480 and expenses in the amount of $54,128 for the month. Total cash was $1,547,542. Motion by Murray, seconded by Pirnie, 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 Nabity. Motion made by Pirnie seconded by Murray to approve the bills in the amount of $4146.79. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $4146.79. 5. REVIEW OF COMMITTED PROJECTS AND CRA PROPERTY. Paul Warshauer submitted plans, they were returned by the Building Grand Island Regular Meeting - 11/12/2009 Page 6 / 26 Department. Wayside Horns is moving forward, new plans will be sent to the railroad for approval. “Bucket” TIF contract with Mike Bacon has been signed and returned. Added to the Committed Projects list is Sin City, Brent is moving forward with this project and Ryder, Rosaker, McHue and Huston. 10. ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIONS. Pirnie made the motion to adjourn into executive session, seconded by Elliott, at 4:20 p.m. Murray made the motion to adjourn out of executive session, seconded by Pirnie at 4:32 p.m. 11. DIRECTOR’S REPORT. There are three TIF applications, 703 S Lincoln, 11th & Poplar and Josh Rhodes, whose rezone request is pending approval at City Council October 27, 2009. 12. ADJOURNMENT. Chairman Sandstrom adjourned the meeting at 4:52 p.m. The next meeting is scheduled for November 12, 2009 at 4:00 p.m. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 11/12/2009 Page 7 / 26 Community Redevelopment Authority (CRA) Thursday, November 12, 2009 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2009 Page 8 / 26 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2009 MONTH ENDED 2009 - 2010 2010 REMAINING OCTOBER 2009 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 1,547,542 1,547,542 1,547,542 REVENUE: Property Taxes 119,499 119,499 662,843 543,344 Loan Proceeds - - - - Interest Income 6,385 6,385 12,940 6,555 Land Sales - - 50,000 50,000 Other Revenue - - - - TOTAL REVENUE 125,884 125,884 725,783 599,899 TOTAL RESOURCES 1,673,426 1,673,426 2,273,325 599,899 EXPENSES Auditing & Accounting 397 397 7,500 7,103 Legal Services 255 255 10,000 9,745 Consulting Services - - 10,000 10,000 Contract Services 3,036 3,036 40,000 36,964 Printing & Binding - - 1,000 1,000 Other Professional Services - - 5,000 5,000 General Liability Insurance - - 250 250 Postage - - 200 200 Matching Grant - - - - Legal Notices 458 458 800 342 Licenses & Fees - - - - Travel & Training - - 1,000 1,000 Other Expenditures - - 500 500 Office Supplies - - 500 500 Supplies - - 300 300 Land - - 100,000 100,000 Façade Improvement - - 539,950 539,950 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 800,000 800,000 Bond Principal 4,546 4,546 161,611 157,065 Bond Interest - - 81,172 81,172 Interest Expense - - - - - - - TOTAL EXPENSES 8,692 8,692 1,759,783 1,751,091 INCREASE(DECREASE) IN CASH 117,192 117,192 513,542 ENDING CASH 1,664,734 1,664,734 2,061,084 LESS COMMITMENTS 884,909 884,909 AVAILABLE CASH 779,825 779,825 2,061,084 - CHECKING 748,847 PETTY CASH 50 INVESTMENTS 915,837 Total Cash 1,664,734 Grand Island Regular Meeting - 11/12/2009 Page 9 / 26 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2009 MONTH ENDED 2009 - 2010 2010 REMAINING OCTOBER 2009 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 75,001 75,001 425,000 349,999 Interest Income 6,330 6,330 8,000 1,670 Land Sales - - 50,000 50,000 Other Revenue & Motor Vehicle Tax - - - - TOTAL 81,331 81,331 483,000 401,669 GILI TRUST Property Taxes 31,386 31,386 65,780 34,394 Interest Income - - - - Other Revenue - - - - TOTAL 31,386 31,386 65,780 34,394 CHERRY PARK LTD II Property Taxes - - 59,180 59,180 Interest Income 45 45 - (45) Other Revenue - - - - TOTAL 45 45 59,180 59,135 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 8,567 8,567 19,162 10,595 Interest Income - - - - Other Revenue - - - - TOTAL 8,567 8,567 19,162 10,595 WALNUT HOUSING PROJECT Property Taxes - - 74,472 74,472 Interest Income 9 9 - (9) Other Revenue - - - - TOTAL 9 9 74,472 74,463 BRUNS PET GROOMING Property Taxes - - 4,986 4,986 Interest Income - - 4,940 4,940 Other Revenue - - - - TOTAL - - 9,926 9,926 GIRARD VET CLINIC Property Taxes 4,546 4,546 - (4,546) Interest Income - - - - Other Revenue - - - - TOTAL 4,546 4,546 - (4,546) GEDDES ST APTS-PROCON Property Taxes - - 1,195 1,195 Interest Income - - - - Other Revenue - - - - Grand Island Regular Meeting - 11/12/2009 Page 10 / 26 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2009 MONTH ENDED 2009 - 2010 2010 REMAINING OCTOBER 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 125,884 125,884 725,783 599,899 Grand Island Regular Meeting - 11/12/2009 Page 11 / 26 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2009 MONTH ENDED 2009 - 2010 2010 REMAINING OCTOBER 2009 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting 397 397 7,500 7,103 Legal Services 255 255 10,000 9,745 Consulting Services - - 10,000 10,000 Contract Services 3,036 3,036 40,000 36,964 Printing & Binding - - 1,000 1,000 Other Professional Services - - 5,000 5,000 General Liability Insurance - - 250 250 Postage - - 200 200 Matching Grant - - - - Legal Notices 458 458 800 342 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 - - 539,950 539,950 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 800,000 800,000 TOTAL CRA EXPENSES 4,147 4,147 1,517,000 1,512,853 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 - 11/12/2009 Page 12 / 26 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2009 MONTH ENDED 2009 - 2010 2010 REMAINING OCTOBER 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 4,546 4,546 4,940 394 Bond Interest - - - - TOTAL GIRARD VET CLINIC 4,546 4,546 4,940 394 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 8,692 8,692 1,759,783 1,741,030 Grand Island Regular Meeting - 11/12/2009 Page 13 / 26 Community Redevelopment Authority (CRA) Thursday, November 12, 2009 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2009 Page 14 / 26 12-Nov-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 $ 3,036.69 Accounting Officenet Inc. Postage $ 19.75 Lawnscape mowing $ 120.00 Grand Island Independent $ 13.63 Monthly & Redevelopment Plan Notices Mayer, Burns, Koenig & Janulewicz Total: $ 3,190.07 Grand Island Regular Meeting - 11/12/2009 Page 15 / 26 Community Redevelopment Authority (CRA) Thursday, November 12, 2009 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2009 Page 16 / 26 COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE BID 6 (Landscaping)$49,758.23 Fall 2009 Romsa Real Estate Center $75,000 Fall 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 T.R. Merchen Facade Tattered Book $154,557 Fall 2009 “Bucket” TIF 11th & Poplar Streets $150,000 Starting in 2010 Sin City Façade $27,000 Spring 2010 Ryder, Rosacker, McHue and Huston Insurance $58,644 Spring 2010 Total Committed $884,909.23 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 October 31, 2009 Grand Island Regular Meeting - 11/12/2009 Page 17 / 26 Community Redevelopment Authority (CRA) Thursday, November 12, 2009 Regular Meeting Item H1 TIF Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2009 Page 18 / 26 Grand Island Regular Meeting - 11/12/2009 Page 19 / 26 Grand Island Regular Meeting - 11/12/2009 Page 20 / 26 Grand Island Regular Meeting - 11/12/2009 Page 21 / 26 Grand Island Regular Meeting - 11/12/2009 Page 22 / 26 Grand Island Regular Meeting - 11/12/2009 Page 23 / 26 Grand Island Regular Meeting - 11/12/2009 Page 24 / 26 Grand Island Regular Meeting - 11/12/2009 Page 25 / 26 Grand Island Regular Meeting - 11/12/2009 Page 26 / 26