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07-27-2011 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, July 27, 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 - 7/27/2011 Page 1 / 45 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 - 7/27/2011 Page 2 / 45 Community Redevelopment Authority (CRA) Wednesday, July 27, 2011 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 7/27/2011 Page 3 / 45 AGENDA Wednesday July 27, 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 June 29, 2011 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 1822 W 13th Street. 6.Consideration of a Resolution to forward a redevelopment plan amendment to the Hall County Regional Planning Commission for an area on 213 N Ruby Street. 7.Approval of 2011-2012 Budget Resolution. 8.Review of Committed Projects and CRA Properties. 9.Discussion concerning Purchase/Sale of Real Estate of property. 10.Approve Resolution or Resolutions to Purchase/Sell Real Estate. 11.Directors Report 12.Adjournment Next Meeting August 24? 2011 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 7/27/2011 Page 4 / 45 Community Redevelopment Authority (CRA) Wednesday, July 27, 2011 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 7/27/2011 Page 5 / 45 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF June 29, 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 June 29, 2011 at City Hall 100 E First Street. Notice of the meeting was given in the June 23, 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, Glen Murray, and Sue Pirnie. Also present were; Director, Chad Nabity; Secretary, Rose Woods and Legal Council Duane Burns. Michelle Fitzke 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 May 11, 2011 meeting was made by Gdowski. Motion was seconded by Murray. Upon roll call vote, all present voted aye. Motion carried unanimously. Pirnie joined the meeting at 4:05 p.m. 3.APPROVAL OF FINANCIAL REPORTS. The financial reports for the period of May 1, 2011 through May 31, 2011. Motion to was made by Gdowski and 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 and seconded by Pirnie to approve the bills in the amount of $3219.52. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $3219.52. 5. REVIEW OF PROPOSALS. Proposals were received for the Blight Study and Redevelopment Plan from Olsson Associates, RDG, Stahr & Associates, Inc. and Hanna: Keelan Associates, P.C. Glen and Sue met with Chad and reviewed the four proposals. Nabity explained that two proposals scored high on the 100 point scale. Olsson and Hanna:Keelan Associates. Olsson Associates were $1000.00 less than Hanna: Keelan. Grand Island Regular Meeting - 7/27/2011 Page 6 / 45 Committee recommends Olsson’s because they are local. The study would be complete within six months. A motion was made by Murray to approve a contract for the Blight and Substandard Determination and General Redevelopment Plan for CRA Area #8 submitted by Olsson Associates in conjunction with the Chairman to sign the contract and seconded by Pirnie. Upon roll call vote all present voted aye. Motion carried unanimously to approve the plan submitted by Olsson. 6. REVIEW OF 2011-2012 BUDGET. Nabity reviewed the budget with the board. A motion was made by Murray to leave the levy the same at 1.7714 and to proceed with the budget as prepared and seconded by Pirnie. Upon roll call vote all present voted aye. Motion carried unanimously to approve the 2011-2012 budget. 7. REVIEW OF COMMITTED PROJECTS & CRA PROPERTIES. Nabity briefly reviewed the Committed Projects. The first phase of the Wayside horns will be completed this fall. The Grand Island Christian School demo is complete. The Façade is nearing completion as well. Nabity was awaiting an email from Chris Meyer to update him on the 123 W 3rd façade. The Grand Façade is still moving forward. The Wilmar Realty LLC is moving forward as well. They could be looking at a sooner completion date. The downtown BID is still moving forward as well. 8. DISCUSSION CONCERNING PURCHASE/SALE OF REAL ESTATE. Motion made by Gdowski to enter into executive session, seconded by Pirnie at 4:47 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 5:00 p.m. Upon roll call vote all present voted aye. Motion carries unanimously. 9. APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL PROPERTY. 10. DIRECTORS REPORT. Nabity discussed items that will be on the next meeting agenda. There was also discussion about the seeding of the South Locust property and estimates from numerous landscapers would be sought. 11. ADJOURNMENT. Sandstrom adjourned the meeting at 5:15 p.m. Grand Island Regular Meeting - 7/27/2011 Page 7 / 45 The next meeting is scheduled for July 27, 2011 at 4:00 p.m. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 7/27/2011 Page 8 / 45 Community Redevelopment Authority (CRA) Wednesday, July 27, 2011 Regular Meeting Item C1 Fiancial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 7/27/2011 Page 9 / 45 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2011 MONTH ENDED 2010 - 2011 2011 REMAINING JUNE 2011 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 947,789 985,902 985,902 REVENUE: Property Taxes 214,152 601,366 653,977 52,611 Loan Proceeds - - - - Interest Income 87 1,985 12,940 10,955 Land Sales - 29,906 50,000 20,094 Other Revenue 4,629 19,588 - (19,588) TOTAL REVENUE 218,869 652,846 716,917 64,071 TOTAL RESOURCES 1,166,657 1,638,748 1,702,819 64,071 EXPENSES Auditing & Accounting 3,975 3,975 7,500 3,525 Legal Services 285 1,969 10,000 8,031 Consulting Services - - 10,000 10,000 Contract Services (1,025) 69,755 40,000 (29,755) Printing & Binding - - 1,000 1,000 Other Professional Services - 6,393 5,000 (1,393) General Liability Insurance - - 250 250 Postage 35 666 200 (466) Matching Grant - - - - Legal Notices 13 465 800 335 Licenses & Fees - - - - Travel & Training - - 1,000 1,000 Other Expenditures - - 500 500 Office Supplies (64) 746 500 (246) Supplies - - 300 300 Land - 2,002 100,000 97,998 Façade Improvement - 233,155 539,950 306,795 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 800,000 800,000 Bond Principal 106,811 229,924 161,611 (68,313) Bond Interest 30,099 63,170 81,172 18,002 Interest Expense - - - - - - - TOTAL EXPENSES 140,129 612,220 1,759,783 1,147,563 INCREASE(DECREASE) IN CASH 78,739 40,626 (56,965) ENDING CASH 1,026,528 1,026,528 928,937 LESS COMMITMENTS 705,900 705,900 AVAILABLE CASH 320,628 320,628 928,937 - CHECKING 674,457 INVESTMENTS 352,071 Total Cash 1,026,528 Grand Island Regular Meeting - 7/27/2011 Page 10 / 45 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2011 MONTH ENDED 2010 - 2011 2011 REMAINING JUNE 2011 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 81,967 314,924 425,000 110,076 Interest Income 73 1,809 8,000 6,191 Land Sales 29,906 50,000 20,094 Other Revenue & Motor Vehicle Tax 7,445 - (7,445) TOTAL 82,041 354,085 483,000 128,915 GILI TRUST Property Taxes 32,019 66,223 65,780 (443) Interest Income 12 - (12) Other Revenue - - - TOTAL 32,019 66,235 65,780 (455) CHERRY PARK LTD II Property Taxes 30,642 63,374 59,180 (4,194) Interest Income 13 146 - (146) Other Revenue - - - TOTAL 30,655 63,521 59,180 (4,341) GENTLE DENTAL Property Taxes 4,344 4,512 4,202 (310) Interest Income 0 1 - (1) Other Revenue - - - TOTAL 4,344 4,514 4,202 (312) PROCON TIF Property Taxes 8,787 18,163 19,162 999 Interest Income 0 4 - (4) Other Revenue 677 1,555 - (1,555) TOTAL 9,464 19,722 19,162 (560) WALNUT HOUSING PROJECT Property Taxes 30,882 63,871 74,472 10,601 Interest Income 0 13 - (13) Other Revenue 3,952 10,588 - (10,588) TOTAL 34,834 74,471 74,472 1 BRUNS PET GROOMING Property Taxes 6,243 6,727 4,986 (1,741) Interest Income - 4,940 4,940 Other Revenue - - - TOTAL 6,243 6,727 9,926 3,199 GIRARD VET CLINIC Property Taxes 350 - (350) Interest Income - - - Other Revenue - - - TOTAL - 350 - (350) GEDDES ST APTS-PROCON Property Taxes 14,378 29,185 1,195 (27,990) Interest Income - - - Other Revenue - - - Grand Island Regular Meeting - 7/27/2011 Page 11 / 45 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2011 MONTH ENDED 2010 - 2011 2011 REMAINING JUNE 2011 YEAR TO DATE BUDGET BALANCE TOTAL 14,378 29,185 1,195 (27,990) SOUTHEAST CROSSING Property Taxes 7,252 8,866 1,614 Interest Income - - - Other Revenue - - - TOTAL - 7,252 8,866 1,614 CASEY'S @ FIVE POINTS Property Taxes 4,110 4,429 - (4,429) Interest Income - - - Other Revenue - - - TOTAL 4,110 4,429 - (4,429) SOUTH POINTE HOTEL PROJECT Property Taxes 21,514 - (21,514) Interest Income - - - Other Revenue - - - TOTAL - 21,514 - (21,514) TODD ENCK PROJECT Property Taxes 781 841 - (841) Interest Income - - - Other Revenue - - - TOTAL 781 841 - (841) TOTAL REVENUE 218,869 652,846 725,783 72,937 Grand Island Regular Meeting - 7/27/2011 Page 12 / 45 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2011 MONTH ENDED 2010 - 2011 2011 REMAINING JUNE 2011 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting 3,975 3,975 7,500 3,525 Legal Services 285 1,969 10,000 8,031 Consulting Services - 10,000 10,000 Contract Services (1,025) 31,626 40,000 8,374 Printing & Binding - 1,000 1,000 Other Professional Services 6,393 5,000 (1,393) General Liability Insurance - 250 250 Postage 35 666 200 (466) Matching Grant - - - Legal Notices 13 465 800 335 Licenses & Fees - - - Travel & Training - 1,000 1,000 Other Expenditures - 500 500 Office Supplies (64) 746 500 (246) Supplies - 300 300 Land 2,002 100,000 97,998 PROJECTS Façade Improvement 233,155 539,950 306,795 South Locust - - - Alleyway Improvement - - - Other Projects - 800,000 800,000 TOTAL CRA EXPENSES 3,220 280,996 1,517,000 1,236,004 GILI TRUST Bond Principal 30,411 59,654 51,001 (8,653) Bond Interest 2,479 6,126 14,779 8,653 Other Expenditures - - - TOTAL GILI EXPENSES 32,890 65,780 65,780 0 CHERRY PARK LTD II Bond Principal 23,562 46,245 39,729 (6,516) Bond Interest 6,028 12,935 19,451 6,516 TOTAL CHERRY PARK EXPENSES 29,590 59,180 59,180 - GENTLE DENTAL Bond Principal 1,307 2,566 2,276 (290) Bond Interest 794 1,636 1,926 290 TOTAL GENTLE DENTAL 2,101 4,202 4,202 - PROCON TIF Bond Principal 5,519 10,829 9,467 (1,362) Bond Interest 4,062 8,333 9,695 1,362 TOTAL PROCON TIF 9,581 19,162 19,162 0 WALNUT HOUSING PROJECT Bond Principal 20,500 40,331 39,151 (1,180) Bond Interest 16,736 34,141 35,321 1,180 - - - TOTAL WALNUT HOUSING 37,236 74,472 74,472 0 Grand Island Regular Meeting - 7/27/2011 Page 13 / 45 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JUNE 2011 MONTH ENDED 2010 - 2011 2011 REMAINING JUNE 2011 YEAR TO DATE BUDGET BALANCE BRUNS PET GROOMING Bond Principal 6,243 6,727 4,986 (1,741) Bond Interest - - - TOTAL BRUNS PET GROOMING 6,243 6,727 4,986 (1,741) GIRARD VET CLINIC Bond Principal 350 4,940 4,590 Bond Interest - - - TOTAL GIRARD VET CLINIC - 350 4,940 4,590 GEDDES ST APTS - PROCON Bond Principal 14,378 29,185 1,195 (27,990) Bond Interest - - - TOTAL GEDDES ST APTS - PROCON 14,378 29,185 1,195 (27,990) SOUTHEAST CROSSINGS Bond Principal 7,252 8,866 1,614 Bond Interest - - - TOTAL SOUTHEAST CROSSINGS - 7,252 8,866 1,614 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 4,110 4,429 - (4,429) Bond Interest - - - TOTAL CASEY'S @ FIVE POINTS 4,110 4,429 - (4,429) SOUTH POINTE HOTEL PROJECT Bond Principal 21,514 - (21,514) Bond Interest - - - TOTAL SOUTH POINTE HOTEL PROJECT - 21,514 - (21,514) TODD ENCK PROJECT Bond Principal 781 841 - (841) Bond Interest - - - TOTAL CASEY'S @ FIVE POINTS 781 841 - (841) TOTAL EXPENSES 140,129 612,220 1,759,783 1,147,563 Grand Island Regular Meeting - 7/27/2011 Page 14 / 45 Community Redevelopment Authority (CRA) Wednesday, July 27, 2011 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 7/27/2011 Page 15 / 45 27-Jul-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 $ 2,581.61 Accounting July, Aug., Sept.$ 375.00 Officenet Inc. Postage $ 15.72 Wilmar TIF Accounting Fees $ 1,000.00 Lawnscape mowing/shredding June $ 160.00 Grand Island Independent $ 13.18 Mayer, Burns, Koenig & Janulewicz Legal Services $ 165.00 Total: $ 4,310.51 Grand Island Regular Meeting - 7/27/2011 Page 16 / 45 Community Redevelopment Authority (CRA) Wednesday, July 27, 2011 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 7/27/2011 Page 17 / 45 COMMITTED PROJECTS TOTAL AMOUNT 2011 FISCAL YR 2012 FISCAL YR 2013 FISCAL YR ESTIMATED COMP 2010 Wayside Horns (Oak, Pine, Elm & Walnut) $140,000 $140,000 Winter 2011 2012 Wayside Horns (Custer/Blaine) $100,000 $100,000 Grand Island Christian School (Demo) $129,000 $129,000 Fall 2011 Grand Island Christian School (Façade) $80,000 $80,000 Fall 2011 123 W 3 rd St.$59,400 $59,400 Fall 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 2011 Downtown BID $97,500 $97,500 Fall 2011 Total Committed $1,205,900.00 $565,900.00 $440,000.00 $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 June 30, 2011 Grand Island Regular Meeting - 7/27/2011 Page 18 / 45 Community Redevelopment Authority (CRA) Wednesday, July 27, 2011 Regular Meeting Item H1 TIF Request Staff Contact: Chad Nabity Grand Island Regular Meeting - 7/27/2011 Page 19 / 45 Grand Island Regular Meeting - 7/27/2011 Page 20 / 45 Grand Island Regular Meeting - 7/27/2011 Page 21 / 45 Grand Island Regular Meeting - 7/27/2011 Page 22 / 45 Grand Island Regular Meeting - 7/27/2011 Page 23 / 45 Grand Island Regular Meeting - 7/27/2011 Page 24 / 45 Grand Island Regular Meeting - 7/27/2011 Page 25 / 45 Grand Island Regular Meeting - 7/27/2011 Page 26 / 45 Grand Island Regular Meeting - 7/27/2011 Page 27 / 45 Grand Island Regular Meeting - 7/27/2011 Page 28 / 45 Grand Island Regular Meeting - 7/27/2011 Page 29 / 45 Grand Island Regular Meeting - 7/27/2011 Page 30 / 45 Grand Island Regular Meeting - 7/27/2011 Page 31 / 45 Grand Island Regular Meeting - 7/27/2011 Page 32 / 45 Grand Island Regular Meeting - 7/27/2011 Page 33 / 45 Grand Island Regular Meeting - 7/27/2011 Page 34 / 45 Grand Island Regular Meeting - 7/27/2011 Page 35 / 45 Grand Island Regular Meeting - 7/27/2011 Page 36 / 45 Grand Island Regular Meeting - 7/27/2011 Page 37 / 45 Grand Island Regular Meeting - 7/27/2011 Page 38 / 45 Grand Island Regular Meeting - 7/27/2011 Page 39 / 45 Grand Island Regular Meeting - 7/27/2011 Page 40 / 45 Grand Island Regular Meeting - 7/27/2011 Page 41 / 45 Grand Island Regular Meeting - 7/27/2011 Page 42 / 45 Grand Island Regular Meeting - 7/27/2011 Page 43 / 45 Community Redevelopment Authority (CRA) Wednesday, July 27, 2011 Regular Meeting Item K1 Budget Resolution Staff Contact: Chad Nabity Grand Island Regular Meeting - 7/27/2011 Page 44 / 45 Grand Island Regular Meeting - 7/27/2011 Page 45 / 45