05-11-2011 Community Redevelopment Authority Regular Meeting Packet
Community Redevelopment
Authority (CRA)
Wednesday, May 11, 2011
Regular Meeting Packet
Board Members:
Michelle Fitzke
Tom Gdowski
Barry Sandstrom
Sue Pirnie
Glen Murray
4:00 PM
Grand Island City Hall
100 E 1st Street
Grand Island Regular Meeting - 5/11/2011 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 - 5/11/2011 Page 2 / 17
Community Redevelopment
Authority (CRA)
Wednesday, May 11, 2011
Regular Meeting
Item A1
Agenda
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 5/11/2011 Page 3 / 17
AGENDA
Wednesday May 11, 2011
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 20, 2011 Meeting.
3.Approval of Financial Reports.
4.Approval of Bills.
5.Review of Committed Projects and CRA Properties.
6.Discussion concerning Purchase/Sale of Real Estate.
7.Approve Resolution or Resolutions to Purchase/Sell Real Estate.
8.Directors Report
9.Adjournment
Next Meeting June 8, 2011
The CRA may go into closed session for any agenda item as allowed by state law.
Grand Island Regular Meeting - 5/11/2011 Page 4 / 17
Community Redevelopment
Authority (CRA)
Wednesday, May 11, 2011
Regular Meeting
Item B1
Meeting Minutes
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 5/11/2011 Page 5 / 17
OFFICIAL PROCEEDINGS
MINUTES OF
COMMUNITY REDEVELOPMENT AUTHORITY
MEETING OF
May 11, 2011
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 11, 2011 at City Hall 100 E First Street. Notice of the meeting was given
in the May 4, 2011 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, Michelle
Fitzke, and Sue Pirnie. Also present were; Director, Chad Nabity;
Secretary, Rose Woods; Council Liaison, Randy Gard and Legal Council
Duane Burns. Glen Murray was absent.
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 20, 2011 meeting was made by Gdowski. Motion was seconded by
Pirnie. Upon roll call vote, all present voted aye. Motion carried
unanimously.
3.APPROVAL OF FINANCIAL REPORTS. The financial reports for the
period of April 1, 2011 through April 30, 2011. Motion to was made by
Pirnie and seconded by Fitzke 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 Gdowski and seconded by Pirnie to approve the bills in
the amount of $45,533.97. Upon roll call vote all present voted aye.
Motion carried unanimously to approve the payment of bills totaling
$45,533.97.
5. REVIEW OF COMMITTED PROJECTS AND CRA PROPERTIES.
Nabity reviewed the committed projects. The Chocolate Bar will be
removed with the payment made this month. The BID 6 (Conduit) has
never received a bill from the State. This may have been paid by the City.
GI Christian School is currently working on their Façade. Wilmar Realty
LLC has completed the demo of all the buildings to the west of Skagway
Grand Island Regular Meeting - 5/11/2011 Page 6 / 17
Five Points. The Downtown BID will be starting their projects soon
beginning with the POW memorial.
6. DISCUSSION CONCERNING PURCHASE/SALE OF REAL ESTATE.
Motion made by Gdowski to enter into executive session, seconded by
Pirnie at 4:32 p.m. Upon roll call vote all present voted aye. Motion carried
unanimously.
Motion made by Gdowski to exit executive session, seconded by Pirnie at
4:42 p.m. Upon roll call vote all present voted aye. Motion carries
unanimously.
7. APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL
PROPERTY.
8. DIRECTORS REPORT.
Nabity discussed his presentation that was presented to Council regarding
the Lincoln neighborhood study.
9. ADJOURNMENT.
Sandstrom adjourned the meeting at 4:50 p.m.
The next meeting is scheduled for June 15, 2011 at 4:00 p.m.
Respectfully submitted
Chad Nabity
Director
Grand Island Regular Meeting - 5/11/2011 Page 7 / 17
Community Redevelopment
Authority (CRA)
Wednesday, May 11, 2011
Regular Meeting
Item C1
Financial Reports
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 5/11/2011 Page 8 / 17
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF APRIL 2011
MONTH ENDED 2010 - 2011 2011 REMAINING
APRIL 2011 YEAR TO DATE BUDGET BALANCE
CONSOLIDATED
Beginning Cash 930,087 985,902 985,902
REVENUE:
Property Taxes 28,260 261,096 653,977 392,881
Loan Proceeds - - - -
Interest Income 103 1,800 12,940 11,140
Land Sales - 29,906 50,000 20,094
Other Revenue 659 8,604 - (8,604)
TOTAL REVENUE 29,022 301,405 716,917 415,512
TOTAL RESOURCES 959,109 1,287,306 1,702,819 415,512
EXPENSES
Auditing & Accounting - - 7,500 7,500
Legal Services - 1,564 10,000 8,436
Consulting Services - - 10,000 10,000
Contract Services 4,062 63,227 40,000 (23,227)
Printing & Binding - - 1,000 1,000
Other Professional Services - 6,393 5,000 (1,393)
General Liability Insurance - - 250 250
Postage 58 631 200 (431)
Matching Grant - - - -
Legal Notices 14 452 800 348
Licenses & Fees - - - -
Travel & Training - - 1,000 1,000
Other Expenditures - - 500 500
Office Supplies - 721 500 (221)
Supplies - - 300 300
Land - 2,002 100,000 97,998
Façade Improvement 65,298 195,383 539,950 344,567
South Locust - - - -
Alleyway Improvement - - - -
Other Projects - - 800,000 800,000
Bond Principal 6,797 100,982 161,611 60,629
Bond Interest - 33,071 81,172 48,101
Interest Expense - - - -
- - -
TOTAL EXPENSES 76,227 404,425 1,759,783 1,355,358
INCREASE(DECREASE) IN CASH (47,205) (103,020) (56,965)
ENDING CASH 882,882 882,882 928,937
LESS COMMITMENTS 798,672 966,470
AVAILABLE CASH 84,210 (83,588) 928,937 -
CHECKING 530,811
INVESTMENTS 352,071
Total Cash 882,882
Grand Island Regular Meeting - 5/11/2011 Page 9 / 17
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF APRIL 2011
MONTH ENDED 2010 - 2011 2011 REMAINING
APRIL 2011 YEAR TO DATE BUDGET BALANCE
CRA
GENERAL OPERATIONS:
Property Taxes 21,464 133,021 425,000 291,979
Interest Income 90 1,650 8,000 6,350
Land Sales 29,906 50,000 20,094
Other Revenue & Motor Vehicle Tax 659 1,090 - (1,090)
TOTAL 22,213 165,667 483,000 317,333
GILI TRUST
Property Taxes 32,962 65,780 32,818
Interest Income - - -
Other Revenue - - -
TOTAL - 32,962 65,780 32,818
CHERRY PARK LTD II
Property Taxes 31,544 59,180 27,636
Interest Income 13 133 - (133)
Other Revenue - - -
TOTAL 13 31,677 59,180 27,503
GENTLE DENTAL
Property Taxes 84 4,202 4,118
Interest Income 0 1 - (1)
Other Revenue - - -
TOTAL 0 85 4,202 4,117
PROCON TIF
Property Taxes 9,039 19,162 10,123
Interest Income 0 4 - (4)
Other Revenue 878 - (878)
TOTAL 0 9,920 19,162 9,242
WALNUT HOUSING PROJECT
Property Taxes 31,791 74,472 42,681
Interest Income 0 12 - (12)
Other Revenue 6,636 - (6,636)
TOTAL 0 38,439 74,472 36,033
BRUNS PET GROOMING
Property Taxes 242 4,986 4,744
Interest Income - 4,940 4,940
Other Revenue - - -
TOTAL - 242 9,926 9,684
GIRARD VET CLINIC
Property Taxes 175 - (175)
Interest Income - - -
Other Revenue - - -
TOTAL - 175 - (175)
GEDDES ST APTS-PROCON
Property Taxes 14,249 1,195 (13,054)
Interest Income - - -
Other Revenue - - -
Grand Island Regular Meeting - 5/11/2011 Page 10 / 17
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF APRIL 2011
MONTH ENDED 2010 - 2011 2011 REMAINING
APRIL 2011 YEAR TO DATE BUDGET BALANCE
TOTAL - 14,249 1,195 (13,054)
SOUTHEAST CROSSING
Property Taxes 6,797 7,024 8,866 1,842
Interest Income - - -
Other Revenue - - -
TOTAL 6,797 7,024 8,866 1,842
CASEY'S @ FIVE POINTS
Property Taxes 159 - (159)
Interest Income - - -
Other Revenue - - -
TOTAL - 159 - (159)
SOUTH POINTE HOTEL PROJECT
Property Taxes 775 - (775)
Interest Income - - -
Other Revenue - - -
TOTAL - 775 - (775)
TODD ENCK PROJECT
Property Taxes 30 - (30)
Interest Income - - -
Other Revenue - - -
TOTAL - 30 - (30)
TOTAL REVENUE 29,022 301,405 725,783 424,378
Grand Island Regular Meeting - 5/11/2011 Page 11 / 17
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF APRIL 2011
MONTH ENDED 2010 - 2011 2011 REMAINING
APRIL 2011 YEAR TO DATE BUDGET BALANCE
EXPENSES
CRA
GENERAL OPERATIONS:
Auditing & Accounting - 7,500 7,500
Legal Services 1,564 10,000 8,436
Consulting Services - 10,000 10,000
Contract Services 4,062 25,098 40,000 14,902
Printing & Binding - 1,000 1,000
Other Professional Services 6,393 5,000 (1,393)
General Liability Insurance - 250 250
Postage 58 631 200 (431)
Matching Grant - - -
Legal Notices 14 452 800 348
Licenses & Fees - - -
Travel & Training - 1,000 1,000
Other Expenditures - 500 500
Office Supplies 721 500 (221)
Supplies - 300 300
Land 2,002 100,000 97,998
PROJECTS
Façade Improvement 65,298 195,383 539,950 344,567
South Locust - - -
Alleyway Improvement - - -
Other Projects - 800,000 800,000
TOTAL CRA EXPENSES 69,431 232,243 1,517,000 1,284,757
GILI TRUST
Bond Principal 29,243 51,001 21,758
Bond Interest 3,647 14,779 11,132
Other Expenditures - - -
TOTAL GILI EXPENSES - 32,890 65,780 32,890
CHERRY PARK LTD II
Bond Principal 22,684 39,729 17,045
Bond Interest 6,906 19,451 12,545
TOTAL CHERRY PARK EXPENSES - 29,590 59,180 29,590
GENTLE DENTAL
Bond Principal 1,259 2,276 1,017
Bond Interest 842 1,926 1,084
TOTAL GENTLE DENTAL - 2,101 4,202 2,101
PROCON TIF
Bond Principal 5,310 9,467 4,157
Bond Interest 4,271 9,695 5,424
TOTAL PROCON TIF - 9,581 19,162 9,581
WALNUT HOUSING PROJECT
Bond Principal 19,831 39,151 19,320
Bond Interest 17,405 35,321 17,916
- - -
TOTAL WALNUT HOUSING - 37,236 74,472 37,236
Grand Island Regular Meeting - 5/11/2011 Page 12 / 17
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF APRIL 2011
MONTH ENDED 2010 - 2011 2011 REMAINING
APRIL 2011 YEAR TO DATE BUDGET BALANCE
BRUNS PET GROOMING
Bond Principal 242 4,986 4,744
Bond Interest - - -
TOTAL BRUNS PET GROOMING - 242 4,986 4,744
GIRARD VET CLINIC
Bond Principal 175 4,940 4,765
Bond Interest - - -
TOTAL GIRARD VET CLINIC - 175 4,940 4,765
GEDDES ST APTS - PROCON
Bond Principal 14,249 1,195 (13,054)
Bond Interest - - -
TOTAL GEDDES ST APTS - PROCON - 14,249 1,195 (13,054)
SOUTHEAST CROSSINGS
Bond Principal 6,797 7,024 8,866 1,842
Bond Interest - - -
TOTAL SOUTHEAST CROSSINGS 6,797 7,024 8,866 1,842
POPLAR STREET WATER
Bond Principal - - -
Bond Interest - - -
Auditing & Accounting - - -
Contract Services 38,129 - (38,129)
TOTAL POPLAR STREET WATER - 38,129 - (38,129)
CASEY'S @ FIVE POINTS
Bond Principal 159 - (159)
Bond Interest - - -
TOTAL CASEY'S @ FIVE POINTS - 159 - (159)
SOUTH POINTE HOTEL PROJECT
Bond Principal 775 - (775)
Bond Interest - - -
TOTAL SOUTH POINTE HOTEL PROJECT - 775 - (775)
TODD ENCK PROJECT
Bond Principal 30 - (30)
Bond Interest - - -
TOTAL CASEY'S @ FIVE POINTS - 30 - (30)
TOTAL EXPENSES 76,227 404,425 1,759,783 1,355,358
Grand Island Regular Meeting - 5/11/2011 Page 13 / 17
Community Redevelopment
Authority (CRA)
Wednesday, May 11, 2011
Regular Meeting
Item D1
Bills
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 5/11/2011 Page 14 / 17
20-Apr-11
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 $ 2,553.40
Accounting
Officenet Inc.
Postage
Mike Bacon Wilmar Realty TIF $ 5,000.00
Lawnscape $ 64.00
Grand Island Independent $ 24.57
The Chocolate Bar/Famos Const $ 37,772.00
Mayer, Burns, Koenig & Janulewicz Legal Services $ 120.00
Total:
$ 45,533.97
Grand Island Regular Meeting - 5/11/2011 Page 15 / 17
Community Redevelopment
Authority (CRA)
Wednesday, May 11, 2011
Regular Meeting
Item E1
Committed Projects
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 5/11/2011 Page 16 / 17
COMMITTED PROJECTS TOTAL AMOUNT 2011
FISCAL YR
2012 FISCAL
YR
2013
FISCAL YR
ESTIMATED
COMP
The Chocolate Bar $37,772 $37,772 Spring 2011
BID 6 (Conduit)$55,000 $55,000 Spring 2010
2010 Wayside Horns
(Oak, Pine, Elm & Walnut)
$140,000 $140,000 Winter 2011
2012 Wayside Horns
(Custer/Blaine)
$100,000 $100,000 Winter 2012
Grand Island Christian
School (Demo)
$129,000 $129,000 Spring 2011
Grand Island Christian
School (Façade)
$80,000 $80,000 Fall 2011
123 W 3 rd St.$59,400 $59,400 Spring 2011
The Grand Façade
$300,000 ($100 over 3
fiscal yrs)
$300,000 $100,000 $100,000 $100,000 Spring 2012
Wilmar Realty LLC
$300,000 ($100 over 3
fiscal yrs)
$300,000 $100,000 $100,000 $100,000 Fall 2012
Downtown BID $97,500 $97,500 Fall 2011
Total Committed $1,298,672.00 $798,672.00 $300,000.00 $200,000.00
CRA PROPERTIES
Address Purchase Price Purchase
Date
Demo Cost Status
408 E 2 nd St $4,869 11/11/2005 $7,500 Surplus
3235 S Locust $450,000 4/2/2010 $39,764 Surplus
April 30, 2011
Grand Island Regular Meeting - 5/11/2011 Page 17 / 17