03-14-2012 Community Redevelopment Authority Regular Meeting Packet
Community Redevelopment
Authority (CRA)
Wednesday, March 14, 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 - 3/14/2012 Page 1 / 19
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 - 3/14/2012 Page 2 / 19
Community Redevelopment
Authority (CRA)
Wednesday, March 14, 2012
Regular Meeting
Item A1
Agenda
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 3/14/2012 Page 3 / 19
AGENDA
Wednesday March 14, 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 February 28, 2012 Meeting.
3.Approval of Financial Reports.
4.Approval of Bills.
5.Presentation of Downtown Housing and Development Study.
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 April 4, 2012
The CRA may go into closed session for any agenda item as allowed by state law.
Grand Island Regular Meeting - 3/14/2012 Page 4 / 19
Community Redevelopment
Authority (CRA)
Wednesday, March 14, 2012
Regular Meeting
Item B1
Meeting Minutes
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 3/14/2012 Page 5 / 19
OFFICIAL PROCEEDINGS
MINUTES OF
COMMUNITY REDEVELOPMENT AUTHORITY
MEETING OF
February 28, 2012
Pursuant to due call and notice thereof, a Special Meeting of the Community
Redevelopment Authority of the City of Grand Island, Nebraska was conducted
on February 28, 2012 at City Hall 100 E First Street. Notice of the meeting was
given in the February 24, 2012 Grand Island Independent.
1.CALL TO ORDER. Barry Sandstrom called the meeting to order at 8:04
a.m. The following members were present: Sue Pirnie and Tom Gdowski.
Also present were; Director, Chad Nabity; Secretary, Rose Woods.
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
February 15, 2012 meeting was made by Pirnie and seconded by Gdowski.
Upon roll call vote all present voted aye. Motion carried unanimously.
3. CONSIDERATION OF RESOLUTION OF INTENT. Consideration to
approve a Resolution of intent to enter into a Redevelopment Contract with
Stratford Plaza, LLC, for redevelopment of an area within the city limits of
the City of Grand Island, at 3333 Ramada Road, Grand Island. The CRA
passed Resolution 127 notifying City Council of their intent to enter into a
redevelopment contract at their meeting on January 11, 2012. The Hall
County Regional Planning Commission met on February 1, 2012 and
passed Resolution 2012-01 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 2012-37 approving the
redevelopment plan at their meeting on February 14, 2012.
A motion to approve Resolution 129 was made by Gdowski and seconded
by Pirnie. Upon roll call vote all present voted aye. Motion carried
unanimously to approve Resolution 129.
4. DIRECTORS REPORT.
Nabity talked briefly about the Council retreat and the creating of micro-
blighted and substandard areas
5. ADJOURNMENT.
Grand Island Regular Meeting - 3/14/2012 Page 6 / 19
Sandstrom adjourned the meeting at 8:29 a.m.
The next meeting is scheduled for March 14, 2012 at 4:00 p.m.
Respectfully submitted
Chad Nabity
Director
Grand Island Regular Meeting - 3/14/2012 Page 7 / 19
Community Redevelopment
Authority (CRA)
Wednesday, March 14, 2012
Regular Meeting
Item C1
Financial Reports
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 3/14/2012 Page 8 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF FEBRUARY 2012
MONTH ENDED 2011-2012 2012 REMAINING
FEBRUARY 2012 YEAR TO DATE BUDGET BALANCE
CONSOLIDATED
Beginning Cash 737,458 923,823 923,823
REVENUE:
Property Taxes-CRA 23,697 132,848 639,405 676,020
Property Taxes-TIF's 10,939 148,943 318,406 7,016
Loan Proceeds - - - -
Interest Income 263 984 8,000 7,016
Land Sales - - 70,000 63,646
Other Revenue 6,061 13,111 11,000 (2,111)
TOTAL REVENUE 40,960 295,886 1,046,811 751,587
TOTAL RESOURCES 778,418 1,219,708 1,970,634 751,587
EXPENSES
Auditing & Accounting 4,025 4,025 5,000 975
Legal Services 165 671 10,000 9,330
Consulting Services 4,210 4,210 10,000 5,790
Contract Services - 14,197 55,000 40,804
Printing & Binding - - 1,000 1,000
Other Professional Services - 7,599 5,000 (2,599)
General Liability Insurance - - 250 250
Postage 21 99 200 101
Matching Grant - - - -
Legal Notices 15 954 800 (154)
Licenses & Fees - - - -
Travel & Training 161 161 1,000 839
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 179,535 448,935 987,500 538,565
South Locust - - - -
Alleyway Improvement - - - -
Other Projects - - 111,000 111,000
Bond Principal 8,259 129,488 266,659 121,171
Bond Interest - 27,088 50,747 23,659
Interest Expense - - - -
TOTAL EXPENSES 196,390 637,426 1,807,243 1,153,817
INCREASE(DECREASE) IN CASH (155,430) (341,540) (760,432)
ENDING CASH 582,028 582,283 163,391
LESS COMMITMENTS 667,071 667,071
AVAILABLE CASH (85,043) (84,788) 163,391 -
CHECKING 220,724
INVESTMENTS 361,304
Total Cash 582,028
Grand Island Regular Meeting - 3/14/2012 Page 9 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF FEBRUARY 2012
MONTH ENDED 2011-2012 2012 REMAINING
FEBRUARY 2012 YEAR TO DATE BUDGET BALANCE
CRA
GENERAL OPERATIONS:
Property Taxes 23,697 132,848 639,405 506,557
Interest Income 252 387 8,000 7,613
Land Sales - - 70,000 70,000
Other Revenue & Motor Vehicle Tax 6,061 6,524 10,000 3,476
TOTAL 30,010 139,759 727,405 587,646
GILI TRUST
Property Taxes - 32,019 32,890 871
Interest Income - 511 - (511)
Other Revenue - - - -
TOTAL - 32,530 32,890 360
CHERRY PARK LTD II
Property Taxes 1,134 31,776 59,180 27,404
Interest Income 11 79 - (79)
Other Revenue - - - -
TOTAL 1,145 31,855 59,180 27,325
GENTLE DENTAL
Property Taxes 80 80 4,202 4,122
Interest Income 0 1 - (1)
Other Revenue - - - -
TOTAL 80 81 4,202 4,121
PROCON TIF
Property Taxes 322 9,109 19,162 10,053
Interest Income - 2 - (2)
Other Revenue - 233 - (233)
TOTAL 322 9,344 19,162 9,818
WALNUT HOUSING PROJECT
Property Taxes 1,143 32,025 74,472 42,447
Interest Income - 5 - (5)
Other Revenue - 6,354 - (6,354)
TOTAL 1,143 38,384 74,472 36,088
BRUNS PET GROOMING
Property Taxes 231 6,474 11,000 4,526
Interest Income - - - -
Other Revenue - - - -
TOTAL 231 6,474 11,000 4,526
GIRARD VET CLINIC
Property Taxes 167 167 14,000 13,833
Interest Income - - - -
Other Revenue - - - -
TOTAL 167 167 14,000 13,833
GEDDES ST APTS-PROCON
Property Taxes 474 23,881 30,000 6,119
Interest Income - - - -
Other Revenue - - - -
Grand Island Regular Meeting - 3/14/2012 Page 10 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF FEBRUARY 2012
MONTH ENDED 2011-2012 2012 REMAINING
FEBRUARY 2012 YEAR TO DATE BUDGET BALANCE
TOTAL 474 23,881 30,000 6,119
SOUTHEAST CROSSING
Property Taxes 5,341 7,255 14,000 6,745
Interest Income - - - -
Other Revenue - - - -
TOTAL 5,341 7,255 14,000 6,745
Poplar Street Water
Property Taxes 61 61 1,000 939
Interest Income - - - -
Other Revenue - - 1,000 1,000
TOTAL 61 61 2,000 1,939
CASEY'S @ FIVE POINTS
Property Taxes 152 4,262 15,000 10,738
Interest Income - - - -
Other Revenue - - - -
TOTAL 152 4,262 15,000 10,738
SOUTH POINTE HOTEL PROJECT
Property Taxes 1,473 1,473 22,000 20,527
Interest Income - - - -
Other Revenue - - - -
TOTAL 1,473 1,473 22,000 20,527
TODD ENCK PROJECT
Property Taxes 104 104 5,500 5,396
Interest Income - - - -
Other Revenue - - - -
TOTAL 104 104 5,500 5,396
JOHN SCHULTE CONSTRUCTION
Property Taxes 77 77 3,000 2,923
Interest Income - - - -
Other Revenue - - - -
TOTAL 77 77 3,000 2,923
PHARMACY PROPERTIES INC
Property Taxes 178 178 8,000 7,822
Interest Income - - - -
Other Revenue - - - -
TOTAL 178 178 8,000 7,822
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 - 3/14/2012 Page 11 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF FEBRUARY 2012
MONTH ENDED 2011-2012 2012 REMAINING
FEBRUARY 2012 YEAR TO DATE BUDGET BALANCE
TOTAL - - - -
TOTAL REVENUE 40,960 295,886 1,046,811 750,925
Grand Island Regular Meeting - 3/14/2012 Page 12 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF FEBRUARY 2012
MONTH ENDED 2011-2012 2012 REMAINING
FEBRUARY 2012 YEAR TO DATE BUDGET BALANCE
EXPENSES
CRA
GENERAL OPERATIONS:
Auditing & Accounting 4,025 4,025 5,000 975
Legal Services 165 671 10,000 9,330
Consulting Services 4,210 4,210 10,000 5,790
Contract Services - 14,197 55,000 40,804
Printing & Binding - - 1,000 1,000
Other Professional Services - 7,599 5,000 (2,599)
General Liability Insurance - - 250 250
Postage 21 99 200 101
Matching Grant - - - -
Legal Notices 15 954 800 (154)
Licenses & Fees - - - -
Travel & Training 161 161 1,000 839
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 179,535 448,935 987,500 538,565
South Locust - - - -
Alleyway Improvement - - - -
Other Projects - - 111,000 111,000
TOTAL CRA EXPENSES 188,131 480,850 1,489,837 1,008,987
GILI TRUST
Bond Principal - 33,066 31,627 (1,439)
Bond Interest - 1,325 1,263 (62)
Other Expenditures - - - -
TOTAL GILI EXPENSES - 34,390 32,890 (1,500)
CHERRY PARK LTD II
Bond Principal - 24,473 49,894 25,421
Bond Interest - 5,117 9,286 4,169
TOTAL CHERRY PARK EXPENSES - 29,590 59,180 29,590
GENTLE DENTAL
Bond Principal - 1,349 2,760 1,411
Bond Interest - 752 1,442 690
TOTAL GENTLE DENTAL - 2,101 4,202 2,101
PROCON TIF
Bond Principal - 5,731 11,782 6,051
Bond Interest - 3,850 7,380 3,530
TOTAL PROCON TIF - 9,581 19,162 9,581
WALNUT HOUSING PROJECT
Bond Principal - 21,191 43,096 21,905
Bond Interest - 16,045 31,376 15,331
- - -
TOTAL WALNUT HOUSING - 37,236 74,472 37,236
Grand Island Regular Meeting - 3/14/2012 Page 13 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF FEBRUARY 2012
MONTH ENDED 2011-2012 2012 REMAINING
FEBRUARY 2012 YEAR TO DATE BUDGET BALANCE
BRUNS PET GROOMING
Bond Principal 231 6,474 11,000 4,526
Bond Interest - - - -
TOTAL BRUNS PET GROOMING 231 6,474 11,000 4,526
GIRARD VET CLINIC
Bond Principal 167 9,196 14,000 4,804
Bond Interest - - - -
TOTAL GIRARD VET CLINIC 167 9,196 14,000 4,804
GEDDES ST APTS - PROCON
Bond Principal 474 14,852 30,000 15,148
Bond Interest - - - -
TOTAL GEDDES ST APTS - PROCON 474 14,852 30,000 15,148
SOUTHEAST CROSSINGS
Bond Principal 5,341 7,255 14,000 6,745
Bond Interest - - - -
TOTAL SOUTHEAST CROSSINGS 5,341 7,255 14,000 6,745
POPLAR STREET WATER
Bond Principal 61 61 - (61)
Bond Interest - - - -
Auditing & Accounting - - - -
Contract Services - - - -
TOTAL POPLAR STREET WATER 61 61 - (61)
CASEY'S @ FIVE POINTS
Bond Principal 152 4,262 15,000 10,738
Bond Interest - - - -
TOTAL CASEY'S @ FIVE POINTS 152 4,262 15,000 10,738
SOUTH POINTE HOTEL PROJECT
Bond Principal 1,473 1,473 22,000 20,527
Bond Interest - - - -
TOTAL SOUTH POINTE HOTEL PROJECT 1,473 1,473 22,000 20,527
TODD ENCK PROJECT
Bond Principal 104 104 5,500 5,396
Bond Interest - - - -
TOTAL TODD ENCK PROJECT 104 104 5,500 5,396
JOHN SCHULTE CONSTRUCTION
Bond Principal 77 77 3,000 2,923
Bond Interest - - - -
Auditing & Accounting - - - -
TOTAL JOHN SCHULTE CONSTRUCITON 77 77 3,000 2,923
PHARMACY PROPERTIES INC
Bond Principal 178 178 8,000 7,822
Bond Interest - - - -
Auditing & Accounting - - - -
Grand Island Regular Meeting - 3/14/2012 Page 14 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF FEBRUARY 2012
MONTH ENDED 2011-2012 2012 REMAINING
FEBRUARY 2012 YEAR TO DATE BUDGET BALANCE
TOTAL PHARMACH PROPERTIES INC 178 178 8,000 7,822
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 196,390 637,681 1,807,243 1,169,562
Grand Island Regular Meeting - 3/14/2012 Page 15 / 19
Community Redevelopment
Authority (CRA)
Wednesday, March 14, 2012
Regular Meeting
Item D1
Bills
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 3/14/2012 Page 16 / 19
14-Mar-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 $ 1,909.39
Accounting
Officenet Inc.
Postage $ 30.97
Lawnscape 408 E 2nd - snow removal $ 30.00
Mike Bacon Wenn TIF $ 1,250.00
Mike Bacon Stratford Plaza TIF $ 5,000.00
Mike Bacon Token Properties TIF $ 1,250.00
Grand Island Independent
Monthly & Redevelopment Plan Notices $ 14.76
Mayer, Burns, Koenig & Janulewicz Legal Services $ 225.00
Total:
$ 9,710.12
Grand Island Regular Meeting - 3/14/2012 Page 17 / 19
Community Redevelopment
Authority (CRA)
Wednesday, March 14, 2012
Regular Meeting
Item E1
Committed Projects
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 3/14/2012 Page 18 / 19
COMMITTED PROJECTS TOTAL
AMOUNT
2011 FISCAL
YR
2012 FISCAL
YR
2013 FISCAL
YR
ESTIMATED
COMP
Downtown BID
Grand Generation/YMCA $ 7,500.00
Indv. Building Evaluations $ 14,816.62
Historic Lighting Projects $ 30,000.00
Total Downtown BID $ 97,500.00 Fall 2012
3333 Ramada Rd -
Howard Johnson
$ 100,000.00 $ 100,000.00 Fall 2012
Fonner Park $ 192,623.00 $ 96,311.50 $ 96,311.50
YMCA $ 48,000.00 $ 48,000.00
2014 Wayside Horns
(Custer/Blaine)
$ 100,000.00 $ 100,000.00 Winter 2014
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 ($100k over 3
fiscal yrs) *
$ 100,000.00 $ 100,000.00 Fall 2012
Total Committed $ 767,943.00 $ 152,316.62 $ 514,754.50 $ 296,311.50
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
February 29, 2012
* Wilmar has been paid $200,000 for their Façade grant (they have $100,000 remaining)
Grand Island Regular Meeting - 3/14/2012 Page 19 / 19