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01-11-2012 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, January 11, 2012 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 - 1/11/2012 Page 1 / 46 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 - 1/11/2012 Page 2 / 46 Community Redevelopment Authority (CRA) Wednesday, January 11, 2012 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/11/2012 Page 3 / 46 AGENDA Wednesday January 11, 2012 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 December 14, 2011 Meeting. 3.Approval of Financial Reports. 4.Approval of Bills. 5.Audit review with Terry Galloway. 6.Consideration of Grant Request from Hugh M. Miner Jr. for Fonner Park. 7.Consideration of a Resolution to forward a redevelopment plan amendment to the Hall County Regional Planning Commission for 3333 Ramada Road. 8.Consideration of a Resolution, giving Notice of Intent to Enter into a Redevelopment Contract, and approval of Related Actions 30 day Notice to City Council, for 3333 Ramada Road. 9.Review of Committed Projects and CRA Properties. 10.Discussion concerning Purchase/Sale of Real Estate property. 11.Approve Resolution or Resolutions to Purchase/Sell Real Estate. 12.Directors Report 13.Adjournment Next Meeting February 15, 2012 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 1/11/2012 Page 4 / 46 Community Redevelopment Authority (CRA) Wednesday, January 11, 2012 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/11/2012 Page 5 / 46 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF December 14, 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 December 14, 2011 at City Hall 100 E First Street. Notice of the meeting was given in the December 7, 2011 Grand Island Independent. 1.CALL TO ORDER. Barry Sandstrom called the meeting to order at 4:02 p.m. The following members were present: Glen Murray 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 and Tom Gdowski were 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 November 9, 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 November 30, 2011. Monter noted the auditors found some additional interest that was added to the October cash around $5400. Motion was made by Murray and seconded by Pirnie 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 $2579.23. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $2579.23. 4. CONSIDERATION OF GRANT REQUEST. Billie Berta and Jerri Cuterer, owners of 520 W 3rd Street, have requested funding under the façade development program to assist with façade improvements at this location. The anticipated cost of the façade project is $258,300 with a total cost of $190,000 of developer equity in updates to the building. Ms. Berta and Ms. Cuterer are asking for a grant of $70,443.00 to offset the costs of the façade improvements. Improvements Grand Island Regular Meeting - 1/11/2012 Page 6 / 46 will be made to the frontage of 520 W 3rd. Carl Mayhew said the building has a lot of late 1920’s Americana in the design, which will be restored in the project. This building once served as a Pontiac dealership decades ago. The façade grant will go toward extensive exterior renovations, including replacing boarded transom windows and revealing brick details that have been covered with wood. Sandstrom thought this was a nice project for “that end of 3rd Street”. Gdowski who was absent said this was a good project with strong owners/managers. They have a reasonable amount of equity going in from owners and he looks forward to watching their continued success. He would recommend in favor of this façade. Motion was made by Pirnie to approve the 520 W 3rd Façade request for Primative Touch Antique Warehouse in the amount of $70,443.00. The motion was seconded by Murray. Upon roll call all present voted aye. Motion carried unanimously. 5. REVIEW OF COMMITTED PROJECTS & CRA PROPERTIES. Nabity briefly reviewed the Committed Projects. The first phase of the Wayside horns will be completed this winter and is underway. The Grand Façade is still moving forward; they have all their permits and have started the construction they are looking to finish this spring. Wilmar Realty LLC will request their remaining $100,000 in October of 2012 for the next fiscal year. The downtown BID is still moving forward as the first project the POW Memorial is completed and the bills should be coming in next month. 6. DISCUSSION CONCERNING PURCHASE/SALE OF REAL ESTATE. No discussion. 7. APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL PROPERTY. 8. DIRECTORS REPORT. Nabity told the board the Blight Study for Area 8 should be complete next month. Nabity also stated the amount of money CRA has funded the Façade program for downtown from 2005 to present is $1.707, 753. Nabity also asked to move the February meeting to the 15th. 9. ADJOURNMENT. Sandstrom adjourned the meeting at 4:30 p.m. The next meeting is scheduled for January 11, 2012 at 4:00 p.m. Grand Island Regular Meeting - 1/11/2012 Page 7 / 46 Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 1/11/2012 Page 8 / 46 Community Redevelopment Authority (CRA) Wednesday, January 11, 2012 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/11/2012 Page 9 / 46 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2011 MONTH ENDED 2011-2012 2012 REMAINING DECEMBER 2011 YEAR TO DATE BUDGET BALANCE CONSOLIDATED Beginning Cash 817,858 923,823 923,823 REVENUE: Property Taxes 12,992 205,478 957,811 752,333 Loan Proceeds - - - - Interest Income 564 692 8,000 7,308 Land Sales - - 70,000 63,646 Other Revenue 6,587 6,728 11,000 4,272 TOTAL REVENUE 20,143 212,899 1,046,811 827,558 TOTAL RESOURCES 838,001 1,136,722 1,970,634 827,558 EXPENSES Auditing & Accounting - - 5,000 5,000 Legal Services 116 416 10,000 9,585 Consulting Services - - 10,000 10,000 Contract Services 2,433 13,197 55,000 41,804 Printing & Binding - - 1,000 1,000 Other Professional Services - 2,567 5,000 2,433 General Liability Insurance - - 250 250 Postage 17 66 200 134 Matching Grant - - - - Legal Notices 14 924 800 (124) 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 - 259,400 987,500 728,100 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 111,000 111,000 Bond Principal 94,838 119,569 266,659 131,090 Bond Interest 27,088 27,088 50,747 23,659 Interest Expense - - - - TOTAL EXPENSES 124,506 423,226 1,807,243 1,368,017 INCREASE(DECREASE) IN CASH (104,363) (210,328) (760,432) ENDING CASH 713,495 713,495 163,391 LESS COMMITMENTS 607,943 607,943 AVAILABLE CASH 105,552 105,552 163,391 - CHECKING 355,568 INVESTMENTS 357,927 Total Cash 713,495 Grand Island Regular Meeting - 1/11/2012 Page 10 / 46 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2011 MONTH ENDED 2011-2012 2012 REMAINING DECEMBER 2011 YEAR TO DATE BUDGET BALANCE CRA GENERAL OPERATIONS: Property Taxes 3,964 69,390 639,405 570,015 Interest Income 26 122 8,000 7,878 Land Sales - - 70,000 70,000 Other Revenue & Motor Vehicle Tax - 141 10,000 9,859 TOTAL 3,990 69,653 727,405 657,752 GILI TRUST Property Taxes - 32,019 32,890 871 Interest Income 511 511 - (511) Other Revenue - - - - TOTAL 511 32,530 32,890 360 CHERRY PARK LTD II Property Taxes - 30,642 59,180 28,538 Interest Income 23 52 - (52) Other Revenue - - - - TOTAL 23 30,693 59,180 28,487 GENTLE DENTAL Property Taxes - - 4,202 4,202 Interest Income 0 1 - (1) Other Revenue - - - - TOTAL 0 1 4,202 4,201 PROCON TIF Property Taxes - 8,787 19,162 10,375 Interest Income 1 2 - (2) Other Revenue 233 233 - (233) TOTAL 234 9,022 19,162 10,140 WALNUT HOUSING PROJECT Property Taxes - 30,882 74,472 43,590 Interest Income 3 5 - (5) Other Revenue 6,354 6,354 - (6,354) TOTAL 6,357 37,241 74,472 37,231 BRUNS PET GROOMING Property Taxes - 6,243 11,000 4,757 Interest Income - - - - Other Revenue - - - - TOTAL - 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 9,029 23,407 30,000 6,593 Interest Income - - - - Other Revenue - - - - Grand Island Regular Meeting - 1/11/2012 Page 11 / 46 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2011 MONTH ENDED 2011-2012 2012 REMAINING DECEMBER 2011 YEAR TO DATE BUDGET BALANCE TOTAL 9,029 23,407 30,000 6,593 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 15,000 10,890 Interest Income - - - - Other Revenue - - - - TOTAL - 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 - 1/11/2012 Page 12 / 46 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2011 MONTH ENDED 2011-2012 2012 REMAINING DECEMBER 2011 YEAR TO DATE BUDGET BALANCE TOTAL - - - - TOTAL REVENUE 20,143 212,899 1,046,811 833,912 Grand Island Regular Meeting - 1/11/2012 Page 13 / 46 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2011 MONTH ENDED 2011-2012 2012 REMAINING DECEMBER 2011 YEAR TO DATE BUDGET BALANCE EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting - - 5,000 5,000 Legal Services 116 416 10,000 9,585 Consulting Services - - 10,000 10,000 Contract Services 2,433 13,197 55,000 41,804 Printing & Binding - - 1,000 1,000 Other Professional Services - 2,567 5,000 2,433 General Liability Insurance - - 250 250 Postage 17 66 200 134 Matching Grant - - - - Legal Notices 14 924 800 (124) 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 - 259,400 987,500 728,100 South Locust - - - - Alleyway Improvement - - - - Other Projects - - 111,000 111,000 TOTAL CRA EXPENSES 2,579 276,569 1,489,837 1,213,268 GILI TRUST Bond Principal 33,066 33,066 31,627 (1,439) Bond Interest 1,325 1,325 1,263 (62) Other Expenditures - - - - TOTAL GILI EXPENSES 34,390 34,390 32,890 (1,500) CHERRY PARK LTD II Bond Principal 24,473 24,473 49,894 25,421 Bond Interest 5,117 5,117 9,286 4,169 TOTAL CHERRY PARK EXPENSES 29,590 29,590 59,180 29,590 GENTLE DENTAL Bond Principal 1,349 1,349 2,760 1,411 Bond Interest 752 752 1,442 690 TOTAL GENTLE DENTAL 2,101 2,101 4,202 2,101 PROCON TIF Bond Principal 5,731 5,731 11,782 6,051 Bond Interest 3,850 3,850 7,380 3,530 TOTAL PROCON TIF 9,581 9,581 19,162 9,581 WALNUT HOUSING PROJECT Bond Principal 21,191 21,191 43,096 21,905 Bond Interest 16,045 16,045 31,376 15,331 - - - TOTAL WALNUT HOUSING 37,236 37,236 74,472 37,236 Grand Island Regular Meeting - 1/11/2012 Page 14 / 46 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2011 MONTH ENDED 2011-2012 2012 REMAINING DECEMBER 2011 YEAR TO DATE BUDGET BALANCE BRUNS PET GROOMING Bond Principal - 6,243 11,000 4,757 Bond Interest - - - - TOTAL BRUNS PET GROOMING - 6,243 11,000 4,757 GIRARD VET CLINIC Bond Principal 9,029 9,029 14,000 4,972 Bond Interest - - - - TOTAL GIRARD VET CLINIC 9,029 9,029 14,000 4,972 GEDDES ST APTS - PROCON Bond Principal - 14,378 30,000 15,622 Bond Interest - - - - TOTAL GEDDES ST APTS - PROCON - 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 15,000 10,890 Bond Interest - - - - TOTAL CASEY'S @ FIVE POINTS - 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 - 1/11/2012 Page 15 / 46 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF DECEMBER 2011 MONTH ENDED 2011-2012 2012 REMAINING DECEMBER 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 124,506 423,226 1,807,243 1,384,017 Grand Island Regular Meeting - 1/11/2012 Page 16 / 46 Community Redevelopment Authority (CRA) Wednesday, January 11, 2012 Regular Meeting Item D1 Bills Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/11/2012 Page 17 / 46 11-Jan-12 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 Accounting Officenet Inc. Postage $ 12.82 BID 8 Downtown Dev.POW Marker $ 10,000.00 Olsson Associates $ 1,000.00 Lawnscape Hall Co Treasurer 3235 S Locust $ 4,901.08 Hall Co Treasurer 3235 S Locust $ 131.06 Grand Island Independent $ 14.74 Monthly & Redevelopment Plan Notices Mayer, Burns, Koenig & Janulewicz Legal Services $ 90.00 Total: $ 16,149.70 Grand Island Regular Meeting - 1/11/2012 Page 18 / 46 Community Redevelopment Authority (CRA) Wednesday, January 11, 2012 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/11/2012 Page 19 / 46 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 Primitive Touch Antique Warehouse $ 70,443.00 $ 70,443.00 Fall 2012 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 $ 807,943.00 $ 197,500.00 $ 410,443.00 $ 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 - 1/11/2012 Page 20 / 46 Community Redevelopment Authority (CRA) Wednesday, January 11, 2012 Regular Meeting Item H1 TIF Request Staff Contact: Chad Nabity Grand Island Regular Meeting - 1/11/2012 Page 21 / 46 Grand Island Regular Meeting - 1/11/2012 Page 22 / 46 Grand Island Regular Meeting - 1/11/2012 Page 23 / 46 Grand Island Regular Meeting - 1/11/2012 Page 24 / 46 Grand Island Regular Meeting - 1/11/2012 Page 25 / 46 Grand Island Regular Meeting - 1/11/2012 Page 26 / 46 Grand Island Regular Meeting - 1/11/2012 Page 27 / 46 Grand Island Regular Meeting - 1/11/2012 Page 28 / 46 Grand Island Regular Meeting - 1/11/2012 Page 29 / 46 Grand Island Regular Meeting - 1/11/2012 Page 30 / 46 Grand Island Regular Meeting - 1/11/2012 Page 31 / 46 Grand Island Regular Meeting - 1/11/2012 Page 32 / 46 Grand Island Regular Meeting - 1/11/2012 Page 33 / 46 Grand Island Regular Meeting - 1/11/2012 Page 34 / 46 Grand Island Regular Meeting - 1/11/2012 Page 35 / 46 Grand Island Regular Meeting - 1/11/2012 Page 36 / 46 Grand Island Regular Meeting - 1/11/2012 Page 37 / 46 Grand Island Regular Meeting - 1/11/2012 Page 38 / 46 Grand Island Regular Meeting - 1/11/2012 Page 39 / 46 Grand Island Regular Meeting - 1/11/2012 Page 40 / 46 Grand Island Regular Meeting - 1/11/2012 Page 41 / 46 Grand Island Regular Meeting - 1/11/2012 Page 42 / 46 Grand Island Regular Meeting - 1/11/2012 Page 43 / 46 Grand Island Regular Meeting - 1/11/2012 Page 44 / 46 Grand Island Regular Meeting - 1/11/2012 Page 45 / 46 Grand Island Regular Meeting - 1/11/2012 Page 46 / 46