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08-04-2010 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, August 4, 2010 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 - 8/4/2010 Page 1 / 18 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 - 8/4/2010 Page 2 / 18 Community Redevelopment Authority (CRA) Wednesday, August 4, 2010 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/4/2010 Page 3 / 18 AGENDA Thursday August 4, 2010 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 1, 2010 Meeting. 3.Approval of Financial Reports. 4.Approval of Bills. 5.Review of Committed Projects and CRA Properties. 6.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS. RETURN TO REGULAR SESSION 7.Approve Resolution or Resolutions to Purchase/Sell Property. 8.Directors Report. 9.Adjournment. Next Meeting September 8, 2010 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 8/4/2010 Page 4 / 18 Community Redevelopment Authority (CRA) Wednesday, August 4, 2010 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/4/2010 Page 5 / 18 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF July 1, 2010 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 1, 2010 at City Hall 100 E First Street. Notice of the meeting was given in the June 24, 2010 Grand Island Independent. 1.CALL TO ORDER. Barry Sandstrom called the meeting to order at 4:00 p.m. The following members were present: Tom Gdowski, Glen Murray, Lee Elliott, and Sue Pirnie. Also present were; Director, Chad Nabity; Secretary, Rose Woods; Finance Director, Mary Lou Brown; Legal Council, Duane Burns; Council Liaison, Mitch Nickerson, Mike Bacon, Cindy Johnson, Amos Anson, Dan Naranjo and Gene McCloud. 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 9, 2010 meeting, Pirnie made the motion to approve the June 9, 2010 meeting minutes. Motion was seconded by Murray. Upon roll call vote, all present voted aye. Motion carried unanimously. 3.APPROVAL OF FINANCIAL REPORTS. No financial reports for this meeting. 4.APPROVAL OF BILLS. The bills were reviewed by Brown. Motion made by Elliott and seconded by Pirnie to approve the bills in the amount of $197,370.60. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $197,370.60. 5.REQUEST FOR LANDSCAPING FUNDING FOR BID 7. Business improvement District #7 is currently in the process of beautifying the South Locust corridor from Stolley Park Road to Highway 34 in preparation for the State Fair. Request for funding in the amount of $10,000. Gene McCloud, Dan Naranjo and Cindy Johnson spoke on behalf of the BID 7, explaining the shortage of funds that has fell upon the BID. With the increase in electrical, snow removal and the labor to replace the mulch that has depleted they have exhausted their funds. They have talked to other owners down South Locust who have also helped pledge $4,000 to Grand Island Regular Meeting - 8/4/2010 Page 6 / 18 help spruce up South Locust. They noted they did put down rock on south Locust and Hwy 34 due to the heat from the concrete being too much for vegetation. Johnson noted there are not a lot of landscapers that are willing to commit to the maintenance for a set fee for five years. There is just too much work to be done for the amount of time and money involved. Pirnie made a motion to approve the request of $10,000 for the BID 7. Elliott seconded the motion. Upon roll call vote Tom Gdowski abstained from the vote, being a property owner, all remaining members present voted aye. Motion carried unanimously to approve the funding request of $10,000. 6.DISCUSSION OF SWAPPING PROPERTY. Discussion of swapping CRA properties located at 1st and Sycamore for City properties south of the old fire station on Pine St. Motion made by Gdowski and seconded by Pirnie to approve Resolution 114 regarding the swapping of property of between the City and the CRA. Upon roll call vote all present voted aye. Motion carried unanimously to approve Resolution 114. 7.REVIEW OF 2010-2011 BUDGET. This is the proposed budget for the 2010-2011 budget year memo and draft transmittal letter is attached. Nabity explained to the CRA board the request for the $425,000 hasn’t changed since the 2009-2010 budget was submitted. Gdowski noted this is a 7% decrease since the 2004 and 2005 budget. Sandstrom commented the budget was a fluid budget. Motion was made by Gdowski and seconded by Pirnie to approve Resolution 115, regarding the 2010-2011 budget. Upon roll call vote all present voted aye. Motion carries unanimously to approve Resolution 115. 8.CONSIDERATION OF REDEVELOPMENT CONTRACT. Ray O’Connor of Ken-Ray LLC, (the “Developer”) has proposed to redevelop an area within the city limits of the City of Grand Island at 107 & 203 S Stolley Park Road. The CRA passed resolution 112 notifying City Council of their intent to enter into a redevelopment contract at their meeting on April 21, 2010. The Hall County Regional Planning Commission met on May 5, 2010 and passed Resolution 2010-04 finding that this plan amendment is consistent with the comprehensive development plan for the City of Grand Island. The Grand Island City Council passed Resolution 2010-132 approving the redevelopment plan at their meeting on May 25, 2010. Mike Bacon discussed the new paper trail for the auditors who like to see the proper paper work in place for the bonds. Motion was made by Murray and Grand Island Regular Meeting - 8/4/2010 Page 7 / 18 seconded by Gdowski to approve Resolution 116, the bond and to enter into a TIF contract with Ken-Ray LLC. Upon roll call vote all present voted aye. Motion carries unanimously to approve Resolution 116. 9.REVIEW OF COMMITTED PROJECTS AND CRA PROPERTIES. Nabity reviewed the committed projects. Big O Tires is starting on their façade. Still awaiting a bill for the conduit in the BID 6 area, this may have been paid for by the state or the city may have paid this bill. Masonic Temple, Nabity spoke with the architect and they have submitted the plan to Craig Lewis. The Building Department and the Fire department will need to review and sign, August is when is should be approved. Public Works are still waiting to hear back from the railroads for their approval. The Dock Façade is about complete. T.R. Merchant Façade was just completes so it will be removed from the list. The water service is about to be completed on 11th and Poplar Street. The demolition is now complete for 3235 S Locust this is now paid and will be removed from the list as well. 10.ADJOURN TO EXECUTIVE SESSION TO DISCUSS NEGOTIATIONS. Motion to enter into executive session by Pirnie and seconded by Murray at 4:46 p.m. and motion to exit executive session by Gdowski and seconded by Pirnie at 4:55 p.m. 11.APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL PROPERTY. 12.DIRECTOR’S REPORT. Nabity told the board he was looking at changing the August meeting date to the beginning of August or the middle of August. 9.ADJOURNMENT. Sandstrom adjourned the meeting at 5:00 p.m. The next meeting is scheduled for August 4, 2010 at 4:00 p.m. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 8/4/2010 Page 8 / 18 Community Redevelopment Authority (CRA) Wednesday, August 4, 2010 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/4/2010 Page 9 / 18 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2010 MONTH ENDED 2009 - 2010 2010 REMAINING JUNE 2010 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 1,113,520 1,547,542 1,547,542 REVENUE: Property Taxes 186,682 519,057 662,843 143,786 Loan Proceeds - - - - Interest Income 107 15,753 12,940 (2,813) Land Sales - - 50,000 50,000 Other Revenue 4,139 13,744 - (13,744) TOTAL REVENUE 190,929 548,554 725,783 177,229 TOTAL RESOURCES 1,304,449 2,096,096 2,273,325 177,229 EXPENSES Auditing & Accounting - 5,392 7,500 2,108 Legal Services - 2,115 10,000 7,885 Consulting Services - - 10,000 10,000 Contract Services 3,660 29,084 40,000 10,916 Printing & Binding - - 1,000 1,000 Other Professional Services - - 5,000 5,000 General Liability Insurance - - 250 250 Postage 32 134 200 66 Matching Grant - - - - Legal Notices - 573 800 227 Licenses & Fees - - - - Travel & Training - - 1,000 1,000 Other Expenditures - - 500 500 Office Supplies - - 500 500 Supplies - - 300 300 Land - 448,720 100,000 (348,720) Façade Improvement 6,218 171,758 539,950 368,192 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 800,000 800,000 Bond Principal 75,517 180,727 161,611 (19,116) Bond Interest 35,881 74,453 81,172 6,719 Interest Expense - - - - - - - TOTAL EXPENSES 121,308 912,955 1,759,783 846,828 INCREASE(DECREASE) IN CASH 69,621 (364,402) 513,542 ENDING CASH 1,183,141 1,183,141 2,061,084 LESS COMMITMENTS 874,511 706,489 AVAILABLE CASH 308,630 476,652 2,061,084 - CHECKING 603,468 INVESTMENTS 579,673 Total Cash 1,183,141 Grand Island Regular Meeting - 8/4/2010 Page 10 / 18 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2010 MONTH ENDED 2009 - 2010 2010 REMAINING JUNE 2010 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 85,314 332,607 425,000 92,393 Interest Income 91 15,470 8,000 (7,470) Land Sales - - 50,000 50,000 Other Revenue & Motor Vehicle Tax - 1,558 - (1,558) TOTAL 85,405 349,634 483,000 133,366 GILI TRUST Property Taxes 31,720 65,694 65,780 86 Interest Income - - - - Other Revenue - 8 - (8) TOTAL 31,720 65,702 65,780 78 CHERRY PARK LTD II Property Taxes 30,355 32,832 59,180 26,348 Interest Income 15 251 - (251) Other Revenue - - - - TOTAL 30,371 33,083 59,180 26,097 GENTLE DENTAL Property Taxes - 4,479 4,202 (277) Interest Income 0 1 - (1) Other Revenue - - - - TOTAL 0 4,480 4,202 (278) PROCON TIF Property Taxes 8,701 17,972 19,162 1,190 Interest Income 0 5 - (5) Other Revenue - 998 - (998) TOTAL 8,701 18,974 19,162 188 WALNUT HOUSING PROJECT Property Taxes 30,593 33,089 74,472 41,383 Interest Income 0 26 - (26) Other Revenue 4,139 11,180 - (11,180) TOTAL 34,732 44,296 74,472 30,176 BRUNS PET GROOMING Property Taxes - 5,457 4,986 (471) Interest Income - - 4,940 4,940 Other Revenue - - - - TOTAL - 5,457 9,926 4,469 GIRARD VET CLINIC Property Taxes - 4,911 - (4,911) Interest Income - - - - Other Revenue - - - - TOTAL - 4,911 - (4,911) GEDDES ST APTS-PROCON Property Taxes - 14,809 1,195 (13,614) Interest Income - - - - Other Revenue - - - - Grand Island Regular Meeting - 8/4/2010 Page 11 / 18 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2010 MONTH ENDED 2009 - 2010 2010 REMAINING JUNE 2010 YEAR TO DATE BUDGET BALANCE TOTAL - 14,809 1,195 (13,614) SOUTHEAST CROSSING Property Taxes - 7,208 8,866 1,658 Interest Income - - - - Other Revenue - - - - TOTAL - 7,208 8,866 1,658 TOTAL REVENUE 190,929 548,554 725,783 177,229 Grand Island Regular Meeting - 8/4/2010 Page 12 / 18 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2010 MONTH ENDED 2009 - 2010 2010 REMAINING JUNE 2010 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting - 4,392 7,500 3,108 Legal Services - 2,115 10,000 7,885 Consulting Services - - 10,000 10,000 Contract Services 3,660 29,084 40,000 10,916 Printing & Binding - - 1,000 1,000 Other Professional Services - - 5,000 5,000 General Liability Insurance - - 250 250 Postage 32 134 200 66 Matching Grant - - - - Legal Notices - 573 800 227 Licenses & Fees - - - - Travel & Training - - 1,000 1,000 Other Expenditures - - 500 500 Office Supplies - - 500 500 Supplies - - 300 300 Land - 448,720 100,000 (348,720) PROJECTS Façade Improvement 6,218 171,758 539,950 368,192 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 800,000 800,000 TOTAL CRA EXPENSES 9,910 656,776 1,517,000 860,224 GILI TRUST Bond Principal 28,119 55,158 51,001 (4,157) Bond Interest 4,771 10,622 14,779 4,157 Other Expenditures - - - TOTAL GILI EXPENSES 32,890 65,780 65,780 (0) CHERRY PARK LTD II Bond Principal 21,839 42,864 39,729 (3,135) Bond Interest 7,751 16,316 19,451 3,135 TOTAL CHERRY PARK EXPENSES 29,590 59,180 59,180 (0) GENTLE DENTAL Bond Principal 1,221 2,395 2,276 (119) Bond Interest 880 1,807 1,926 119 TOTAL GENTLE DENTAL 2,101 4,202 4,202 - PROCON TIF Bond Principal 5,154 10,183 9,467 (716) Bond Interest 4,427 8,979 9,695 716 TOTAL PROCON TIF 9,581 19,162 19,162 0 WALNUT HOUSING PROJECT Bond Principal 19,184 37,743 39,151 1,408 Bond Interest 18,052 36,729 35,321 (1,408) - - - TOTAL WALNUT HOUSING 37,236 74,472 74,472 0 Grand Island Regular Meeting - 8/4/2010 Page 13 / 18 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2010 MONTH ENDED 2009 - 2010 2010 REMAINING JUNE 2010 YEAR TO DATE BUDGET BALANCE BRUNS PET GROOMING Bond Principal - 5,457 4,986 (471) Bond Interest - - - - TOTAL BRUNS PET GROOMING - 5,457 4,986 (471) GIRARD VET CLINIC Bond Principal - 4,911 4,940 29 Bond Interest - - - - TOTAL GIRARD VET CLINIC - 4,911 4,940 29 GEDDES ST APTS - PROCON Bond Principal - 14,809 1,195 (13,614) Bond Interest - - - - TOTAL GEDDES ST APTS - PROCON - 14,809 1,195 (13,614) SOUTHEAST CROSSINGS Bond Principal - 7,208 8,866 1,658 Bond Interest - - - - TOTAL SOUTHEAST CROSSINGS - 7,208 8,866 1,658 POPLAR STREET WATER Bond Principal - - - - Bond Interest - - - - Auditing & Accounting - 1,000 - (1,000) TOTAL SOUTHEAST CROSSINGS - 1,000 - (1,000) TOTAL EXPENSES 121,308 912,955 1,759,783 846,828 Grand Island Regular Meeting - 8/4/2010 Page 14 / 18 Community Redevelopment Authority (CRA) Wednesday, August 4, 2010 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/4/2010 Page 15 / 18 4-Aug-10 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 June $ 2,067.26 Accounting July, Aug, Sep $ 375.00 Officenet Inc.envelopes/printer ink $ 328.23 Postage June $ 39.11 Lawnscape month of June/July $ 756.00 Mike Bacon Legal counsel on Ken-Ray TIF $ 5,000.00 Grand Island Independent $ 26.81 Mayer, Burns, Koenig & Janulewicz $ 465.00 City of Grand Island Utilities Poplar TIF $ 88,898.62 Sinclair Hille - Masonic Temple Life Study Plan $ 17,700.00 Island Lawn & Snow BID #7 Grant $ 10,000.00 Total:$ 125,656.03 Grand Island Regular Meeting - 8/4/2010 Page 16 / 18 Community Redevelopment Authority (CRA) Wednesday, August 4, 2010 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 8/4/2010 Page 17 / 18 COMMITTED PROJECTS AMOUNT ESTIMATED DUE DATE Big O Tires $65,297.52 Fall 2010 The Chocolate Bar $37,772 Spring 2010 120, 122, 124 W 3rd $71,170 Spring 2010 BID 6 (Conduit)$55,000 Spring 2010 Paul Warshauer (Masonic Temple) $17,700 Summer 2010 2010 Wayside Horns (Oak, Pine, Elm & Walnut) $140,000 Fall 2010 2012 Wayside Horns (Custer/Blaine) $100,000 Fall 2011 The Dock Façade $57,250 Spring 2010 Goodwill $9280 Winter 2010 “Bucket” TIF 11th & Poplar Streets $136,000 Summer 2010 BID 7 $10,000 Summer 2010 Total Committed $699,469.52 CRA PROPERTIES Address Purchase Price Purchase Date Demo Cost Status 203 E 1st St.$68,627 10-09-02 $23,300 City Swap 217 E 1st St $17,000 03-20-03 $6,500 City Swap 408 E 2nd St $4,869 11-11-05 $7,500 Surplus 211 E 1st $34,702 11-13-07 $8,000 City Swap 3235 S Locust $450,000 4-2-2010 $39,764 Surplus Campbell’s Sub Lots 10 & 11 City Swap for 203, 211 & 217 E 1st St. 6-2010 -City Swap July 31, 2010 Grand Island Regular Meeting - 8/4/2010 Page 18 / 18