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12-14-2011 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, December 14, 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 - 12/14/2011 Page 1 / 25 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 - 12/14/2011 Page 2 / 25 Community Redevelopment Authority (CRA) Wednesday, December 14, 2011 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/14/2011 Page 3 / 25 AGENDA Wednesday December 14, 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 November 9, 2011 Meeting. 3.Approval of Financial Reports. 4.Approval of Bills. 5.Consideration of Grant Request from Billie Berta & Jerri Cuterer for 520 W 3rd Street. 6.Review of Committed Projects and CRA Properties. 7.Discussion concerning Purchase/Sale of Real Estate property. 8.Approve Resolution or Resolutions to Purchase/Sell Real Estate. 9.Directors Report 10.Adjournment Next Meeting January 11, 2012 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 12/14/2011 Page 4 / 25 Community Redevelopment Authority (CRA) Wednesday, December 14, 2011 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/14/2011 Page 5 / 25 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF November 9, 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 November 9, 2011 at City Hall 100 E First Street. Notice of the meeting was given in the November 2, 2011 Grand Island Independent. 1.CALL TO ORDER. Barry Sandstrom called the meeting to order at 4:03 p.m. The following members were present: Glen Murray, Tom Gdowski and Sue Pirnie. Also present were; Director, Chad Nabity; Secretary, Rose Woods, Interim Finance Director Jaye Monter, Legal Council Duane Burns, Council Liaison Randy Gard. 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. 1.APPROVAL OF MINUTES. A motion for approval of the Minutes for the October 12, 2011 meeting was made by Pirnie and seconded by Murray. Upon roll call vote, all present voted aye. Motion carried unanimously. 2. APPROVAL OF FINANCIAL REPORTS. Monter reviewed the financial reports for the period of October 1, 2011 through October 31, 2011. Motion was made by Gdowski and seconded by Murray to approve the financial reports. Upon roll call vote, all present voted aye. Motion carried unanimously. 3.APPROVAL OF BILLS. The bills were reviewed by Nabity. Motion made by Pirnie and seconded by Murray to approve the bills in the amount of $263,148.27. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $263,148.27. 4. REVIEW OF COMMITTED PROJECTS & CRA PROPERTIES. Nabity briefly reviewed the Committed Projects. The first phase of the Wayside horns will be completed this fall and is underway. Chris Jerke submitted his invoices for payment the 123 W 3rd St Façade. This is now complete. The Grand Façade is still moving forward; they have all their permits and have started the construction. The Wilmar Realty LLC submitted their invoices for the first request of $200,000. The remaining $100,000 will be requested in October of 2012 for the next fiscal year. The Grand Island Regular Meeting - 12/14/2011 Page 6 / 25 downtown BID is still moving forward as the first project the POW Memorial is completed and the bills should be coming in next month. 5. DISCUSSION CONCERNING PURCHASE/SALE OF REAL ESTATE. No discussion. 6. APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL PROPERTY. 7. DIRECTORS REPORT. Nabity told the board he met with Olsson’s regarding the Blight and Substandard Study for Area 8. Chief is looking to expand their fabrication plant and is asking Hall County to remove the old Co-op property from the Hall County Industrial Tract. There is also a façade application that will be presented for December’s meeting. Nabity asked for two volunteers to review the application. 8. ADJOURNMENT. Sandstrom adjourned the meeting at 4:25 p.m. The next meeting is scheduled for December 14, 2011 at 4:00 p.m. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 12/14/2011 Page 7 / 25 Community Redevelopment Authority (CRA) Wednesday, December 14, 2011 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/14/2011 Page 8 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2011 MONTH ENDED 2011-2012 2012 REMAINING OCTOBER 2011 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 918,329 918,329 918,329 REVENUE: Property Taxes 189,151 189,151 957,811 768,660 Loan Proceeds - - - - Interest Income 62 62 8,000 7,938 Land Sales - - 70,000 70,000 Other Revenue 141 141 11,000 10,859 TOTAL REVENUE 189,354 189,354 1,046,811 857,457 TOTAL RESOURCES 1,107,683 1,107,683 1,965,140 857,457 EXPENSES Auditing & Accounting - - 5,000 5,000 Legal Services 150 150 10,000 9,850 Consulting Services - - 10,000 10,000 Contract Services 7,204 7,204 55,000 47,796 Printing & Binding - - 1,000 1,000 Other Professional Services 2,567 2,567 5,000 2,433 General Liability Insurance - - 250 250 Postage 23 23 200 177 Matching Grant - - - - Legal Notices 897 897 800 (97) Licenses & Fees - - - - Travel & Training - - 1,000 1,000 Other Expenditures - - 500 500 Office Supplies - - 500 500 Supplies - - 300 300 Land - - 100,000 100,000 Bond Principal - Lincoln Pool - - 201,787 201,787 Façade Improvement - - 987,500 987,500 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 111,000 111,000 Bond Principal 24,731 24,731 266,659 225,928 Bond Interest - - 50,747 50,747 Interest Expense - - - - TOTAL EXPENSES 35,572 35,572 1,807,243 1,755,671 INCREASE(DECREASE) IN CASH 153,782 153,782 (760,432) ENDING CASH 1,072,111 1,072,111 157,897 LESS COMMITMENTS 796,900 796,900 AVAILABLE CASH 275,211 275,211 157,897 - CHECKING 719,678 INVESTMENTS 352,433 Total Cash 1,072,111 Grand Island Regular Meeting - 12/14/2011 Page 9 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2011 MONTH ENDED 2011-2012 2012 REMAINING OCTOBER 2011 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 62,091 62,091 639,405 577,314 Interest Income 52 52 8,000 7,948 Land Sales - - 70,000 70,000 Other Revenue & Motor Vehicle Tax 141 141 10,000 9,859 TOTAL 62,284 62,284 727,405 665,121 GILI TRUST Property Taxes 32,019 32,019 32,890 871 Interest Income - - - - Other Revenue - - - - TOTAL 32,019 32,019 32,890 871 CHERRY PARK LTD II Property Taxes 30,642 30,642 59,180 28,538 Interest Income 10 10 - (10) Other Revenue - - - - TOTAL 30,652 30,652 59,180 28,528 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 8,787 8,787 19,162 10,375 Interest Income 0 0 - (0) Other Revenue - - - - TOTAL 8,787 8,787 19,162 10,375 WALNUT HOUSING PROJECT Property Taxes 30,882 30,882 74,472 43,590 Interest Income - - - - Other Revenue - - - - TOTAL 30,882 30,882 74,472 43,590 BRUNS PET GROOMING Property Taxes 6,243 6,243 11,000 4,757 Interest Income - - - - Other Revenue - - - - TOTAL 6,243 6,243 11,000 4,757 GIRARD VET CLINIC Property Taxes - - 14,000 14,000 Interest Income - - - - Other Revenue - - - - TOTAL - - 14,000 14,000 GEDDES ST APTS-PROCON Property Taxes 14,378 14,378 30,000 15,622 Interest Income - - - - Other Revenue - - - - Grand Island Regular Meeting - 12/14/2011 Page 10 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2011 MONTH ENDED 2011-2012 2012 REMAINING OCTOBER 2011 YEAR TO DATE BUDGET BALANCE TOTAL 14,378 14,378 30,000 15,622 SOUTHEAST CROSSING Property Taxes - - 14,000 14,000 Interest Income - - - - Other Revenue - - - - TOTAL - - 14,000 14,000 Poplar Street Water Property Taxes - - 1,000 1,000 Interest Income - - - - Other Revenue - - 1,000 1,000 TOTAL - - 2,000 2,000 CASEY'S @ FIVE POINTS Property Taxes 4,110 4,110 15,000 10,890 Interest Income - - - - Other Revenue - - - - TOTAL 4,110 4,110 15,000 10,890 SOUTH POINTE HOTEL PROJECT Property Taxes - - 22,000 22,000 Interest Income - - - - Other Revenue - - - - TOTAL - - 22,000 22,000 TODD ENCK PROJECT Property Taxes - - 5,500 5,500 Interest Income - - - - Other Revenue - - - - TOTAL - - 5,500 5,500 JOHN SCHULTE CONSTRUCTION Property Taxes - - 3,000 3,000 Interest Income - - - - Other Revenue - - - - TOTAL - - 3,000 3,000 PHARMACY PROPERTIES INC Property Taxes - - 8,000 8,000 Interest Income - - - - Other Revenue - - - - TOTAL - - 8,000 8,000 KEN-RAY LLC Property Taxes - - 5,000 5,000 Interest Income - - - - Other Revenue - - - - TOTAL - - 5,000 5,000 SKAGWAY Property Taxes - - - - Interest Income - - - - Other Revenue - - - - Grand Island Regular Meeting - 12/14/2011 Page 11 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2011 MONTH ENDED 2011-2012 2012 REMAINING OCTOBER 2011 YEAR TO DATE BUDGET BALANCE TOTAL - - - - TOTAL REVENUE 189,354 189,354 1,046,811 857,457 Grand Island Regular Meeting - 12/14/2011 Page 12 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2011 MONTH ENDED 2011-2012 2012 REMAINING OCTOBER 2011 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting - - 5,000 5,000 Legal Services 150 150 10,000 9,850 Consulting Services - - 10,000 10,000 Contract Services 7,204 7,204 55,000 47,796 Printing & Binding - - 1,000 1,000 Other Professional Services 2,567 2,567 5,000 2,433 General Liability Insurance - - 250 250 Postage 23 23 200 177 Matching Grant - - - - Legal Notices 897 897 800 (97) Licenses & Fees - - - - Travel & Training - - 1,000 1,000 Other Expenditures - - 500 500 Office Supplies - - 500 500 Supplies - - 300 300 Land - - 100,000 100,000 Bond Principal - Lincoln Pool - - 201,787 201,787 PROJECTS Façade Improvement - - 987,500 987,500 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 111,000 111,000 TOTAL CRA EXPENSES 10,841 10,841 1,489,837 1,478,996 GILI TRUST Bond Principal - - 31,627 31,627 Bond Interest - - 1,263 1,263 Other Expenditures - - - - TOTAL GILI EXPENSES - - 32,890 32,890 CHERRY PARK LTD II Bond Principal - - 49,894 49,894 Bond Interest - - 9,286 9,286 TOTAL CHERRY PARK EXPENSES - - 59,180 59,180 GENTLE DENTAL Bond Principal - - 2,760 2,760 Bond Interest - - 1,442 1,442 TOTAL GENTLE DENTAL - - 4,202 4,202 PROCON TIF Bond Principal - - 11,782 11,782 Bond Interest - - 7,380 7,380 TOTAL PROCON TIF - - 19,162 19,162 WALNUT HOUSING PROJECT Bond Principal - - 43,096 43,096 Bond Interest - - 31,376 31,376 - - - TOTAL WALNUT HOUSING - - 74,472 74,472 Grand Island Regular Meeting - 12/14/2011 Page 13 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2011 MONTH ENDED 2011-2012 2012 REMAINING OCTOBER 2011 YEAR TO DATE BUDGET BALANCE BRUNS PET GROOMING Bond Principal 6,243 6,243 11,000 4,757 Bond Interest - - - - TOTAL BRUNS PET GROOMING 6,243 6,243 11,000 4,757 GIRARD VET CLINIC Bond Principal - - 14,000 14,000 Bond Interest - - - - TOTAL GIRARD VET CLINIC - - 14,000 14,000 GEDDES ST APTS - PROCON Bond Principal 14,378 14,378 30,000 15,622 Bond Interest - - - - TOTAL GEDDES ST APTS - PROCON 14,378 14,378 30,000 15,622 SOUTHEAST CROSSINGS Bond Principal - - 14,000 14,000 Bond Interest - - - - TOTAL SOUTHEAST CROSSINGS - - 14,000 14,000 POPLAR STREET WATER Bond Principal - - - - Bond Interest - - - - Auditing & Accounting - - - - Contract Services - - - - TOTAL POPLAR STREET WATER - - - - CASEY'S @ FIVE POINTS Bond Principal 4,110 4,110 15,000 10,890 Bond Interest - - - - TOTAL CASEY'S @ FIVE POINTS 4,110 4,110 15,000 10,890 SOUTH POINTE HOTEL PROJECT Bond Principal - - 22,000 22,000 Bond Interest - - - - TOTAL SOUTH POINTE HOTEL PROJECT - - 22,000 22,000 TODD ENCK PROJECT Bond Principal - - 5,500 5,500 Bond Interest - - - - TOTAL TODD ENCK PROJECT - - 5,500 5,500 JOHN SCHULTE CONSTRUCTION Bond Principal - - 3,000 3,000 Bond Interest - - - - Auditing & Accounting - - - - TOTAL JOHN SCHULTE CONSTRUCITON - - 3,000 3,000 PHARMACY PROPERTIES INC Bond Principal - - 8,000 8,000 Bond Interest - - - - Auditing & Accounting - - - - Grand Island Regular Meeting - 12/14/2011 Page 14 / 25 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF OCTOBER 2011 MONTH ENDED 2011-2012 2012 REMAINING OCTOBER 2011 YEAR TO DATE BUDGET BALANCE TOTAL PHARMACH PROPERTIES INC - - 8,000 8,000 KEN-RAY LLC Bond Principal - - 5,000 5,000 Bond Interest - - - - Auditing & Accounting - - - - TOTAL KEN-RAY LLC - - 5,000 5,000 SKAGWAY Bond Principal - - - - Bond Interest - - - - Auditing & Accounting - - - - TOTAL SKAGWAY - - - - TOTAL EXPENSES 35,572 35,572 1,807,243 1,771,671 Grand Island Regular Meeting - 12/14/2011 Page 15 / 25 Community Redevelopment Authority (CRA) Wednesday, December 14, 2011 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/14/2011 Page 16 / 25 14-Dec-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 $ 1,913.15 Accounting Officenet Inc. Postage $ 16.95 Olsson Associates $ 500.00 Lawnscape $ 20.00 Grand Island Independent $ 13.63 Monthly & Redevelopment Plan Notices Mayer, Burns, Koenig & Janulewicz Legal Services $ 115.50 Total: $ 2,579.23 Grand Island Regular Meeting - 12/14/2011 Page 17 / 25 Community Redevelopment Authority (CRA) Wednesday, December 14, 2011 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/14/2011 Page 18 / 25 COMMITTED PROJECTS TOTAL AMOUNT 2011 FISCAL YR 2012 FISCAL YR 2013 FISCAL YR ESTIMATED COMP Downtown BID Grand Generation/YMCA $ 7,500.00 POW historical Marker $ 10,000.00 Indv. Building Evaluations $ 50,000.00 Historic Lighting Projects $ 30,000.00 Total Downtown BID $ 97,500.00 $ 97,500.00 Fall 2011 2011 Wayside Horns (Oak, Pine, Elm & Walnut) $ 140,000.00 $ 140,000.00 Winter 2011 2012 Wayside Horns (Custer/Blaine) $ 100,000.00 $ 100,000.00 The Grand Façade $300,000 ($100 over 3 fiscal yrs) $ 300,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 Spring 2012 Wilmar Realty LLC $300,000 ($100 over 3 fiscal yrs) * $ 100,000.00 $ 100,000.00 Fall 2012 Total Committed $ 737,500.00 $ 197,500.00 $ 340,000.00 $ 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 November 30, 2011 * Wilmar has been paid $200,000 for their Façade grant (they have $100,000 remaining) Grand Island Regular Meeting - 12/14/2011 Page 19 / 25 Community Redevelopment Authority (CRA) Wednesday, December 14, 2011 Regular Meeting Item F1 Facade Request Staff Contact: Chad Nabity Grand Island Regular Meeting - 12/14/2011 Page 20 / 25 Grand Island Regular Meeting - 12/14/2011 Page 21 / 25 Grand Island Regular Meeting - 12/14/2011 Page 22 / 25 Grand Island Regular Meeting - 12/14/2011 Page 23 / 25 Grand Island Regular Meeting - 12/14/2011 Page 24 / 25 Grand Island Regular Meeting - 12/14/2011 Page 25 / 25