01-09-2013 Community Redevelopment Authority Regular Meeting Packet
Community Redevelopment
Authority (CRA)
Wednesday, January 9, 2013
Regular Meeting Packet
Board Members:
Michelle Fitzke
Tom Gdowski
Barry Sandstrom
Sue Pirnie
Glen Murray
4:00 PM
City Hall
100 E First St
Grand Island Regular Meeting - 1/9/2013 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 - 1/9/2013 Page 2 / 19
Community Redevelopment
Authority (CRA)
Wednesday, January 9, 2013
Regular Meeting
Item A1
Agenda
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 1/9/2013 Page 3 / 19
AGENDA
Wednesday January 9, 2013
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 19, 2012 Meeting.
3.Approval of Financial Reports.
4.Approval of Bills.
5.Review of Committed Projects and CRA Properties.
6.Audit Review
7.Discussion concerning Purchase/Sale of Real Estate of property.
8.Approve Resolution or Resolutions to Purchase/Sell Real Estate.
9.Directors Report
10.Adjournment
Next Meeting February 13, 2013
The CRA may go into closed session for any agenda item as allowed by state law.
Grand Island Regular Meeting - 1/9/2013 Page 4 / 19
Community Redevelopment
Authority (CRA)
Wednesday, January 9, 2013
Regular Meeting
Item B1
Meeting Minutes
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 1/9/2013 Page 5 / 19
OFFICIAL PROCEEDINGS
MINUTES OF
COMMUNITY REDEVELOPMENT AUTHORITY
MEETING OF
December 19, 2012
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 19, 2012 at City Hall 100 E First Street. Notice of the meeting was
given in the December 12, 2012 Grand Island Independent.
1.CALL TO ORDER. Chairman Barry Sandstrom called the meeting to order
at 4:16 p.m. The following members were present: Tom Gdowski, Sue
Pirnie, Glen Murray joined the meeting at 4:30. Also present were; Director,
Chad Nabity; Secretary, Rose Rhoads; Senior Accountant, Mike Kezeor
and Legal Counsel, Duane Burns (Member 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
November 14, 2012 meeting was made by Gdowski and seconded by
Pirnie. Upon roll call vote all present voted aye. Motion carried
unanimously.
3.APPROVAL OF FINANCIAL REPORTS. Sandstrom reviewed the financial
reports for the period of November 1, 2012 through November 30, 2012.
Motion was made by Gdowski and seconded by Pirnie 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 Pirnie and seconded by Gdowski to approve the bills in the
amount of $423,154.14. Upon roll call vote all present voted aye. Motion
carried unanimously to approve the payment of bills totaling $423,154.14.
5.REVIEW OF COMMITTED PROJECTS & CRA PROPERTY.
Nabity reviewed the Committed Projects. YMCA project is completed. A
request for payment should be coming in sometime. The Downtown BID is
working on the Grand Generation/YMCA tree project. The Howard Johnson
Façade is complete; this is included in this month’s bills. Personal
Automotive Façade is complete as well this is included in this month’s bills
and will be removed from the Committed Projects.
Grand Island Regular Meeting - 1/9/2013 Page 6 / 19
6.CONSIDERATION OF REDEVELOPMENT CONTRACT. Consideration
to approve Resolution 155 Token Properties, LLC, (the “Developer”) has
proposed to redevelop an area within the city limits of the City of Grand
Island at 809-811 S Kimball Street. The CRA passed resolution 152
notifying City Council of their intent to enter into a redevelopment contract
at their meeting on October 10, 2012. The Hall County Regional Planning
Commission met on November 7, 2012, and passed Resolution 2013-03
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 2012-343 at their meeting on November 27,
2012.
A motion to approve Resolution 155 and enter into a Redevelopment
contract with Token Properties, LLC, was made by Gdowski and
seconded by Pirnie. Upon roll call vote all present voted aye. Motion
carried unanimously.
7.ADJOURN TO EXECUTICE SESSION TO DISCUSS NEGOTIATIONS.
8.APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL
PROPERTY.
9.DIRECTORS REPORT.
Nabity proposed a trial period for the TIF process allowing five (5) years
with Council’s approval for a single redevelopment plan area. A motion for
support was made by Pirnie and seconded by Gdowski. Upon roll call
vote all present voted aye. Motion carried unanimously.
10. ADJOURNMENT.
Sandstrom adjourned the meeting at 4:50 p.m.
The next meeting is scheduled for January 9, 2013 at 4:00 p.m.
Respectfully submitted
Chad Nabity
Director
Grand Island Regular Meeting - 1/9/2013 Page 7 / 19
Community Redevelopment
Authority (CRA)
Wednesday, January 9, 2013
Regular Meeting
Item C1
Financial Reports
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 1/9/2013 Page 8 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF NOVEMBER 2012
MONTH ENDED 2012-2013 2013 REMAINING
NOVEMBER 2012 YEAR TO DATE BUDGET BALANCE
CONSOLIDATED
Beginning Cash 2,089,548 186,509 186,509
REVENUE:
Property Taxes - CRA 3,671 47,303 446,578 399,275
Property Taxes - Lincoln Pool 1,488 22,069 207,859 185,790
Property Taxes -TIF's - 86,571 438,016 351,445
Loan Proceeds (Lincoln Pool) - 1,800,000 1,800,000 -
Loan Income (Poplar Street Water Line) - 1,487 5,000 3,513
Interest Income - CRA 11 21 1,000 979
Interest Income - TIF'S 18 28 - -
Land Sales - - 100,000 100,000
Other Revenue - CRA 8,250 14,250 22,000 7,750
Other Revenue - TIF's - - - -
TOTAL REVENUE 13,437 1,971,730 3,020,453 1,048,751
TOTAL RESOURCES 2,102,986 2,158,239 3,206,962 1,048,751
EXPENSES
Auditing & Accounting - - 5,000 5,000
Legal Services 150 150 3,000 2,850
Consulting Services - - 10,000 10,000
Contract Services 15,462 17,783 55,000 37,217
Printing & Binding - - 1,000 1,000
Other Professional Services - 2,088 16,000 13,912
General Liability Insurance - - 250 250
Postage 35 54 200 146
Matching Grant - - - -
Legal Notices 16 480 2,500 2,020
Licenses & Fees - - - -
Travel & Training - - 1,000 1,000
Other Expenditures - - - -
Office Supplies - - 300 300
Supplies - - 300 300
Land - - 20,000 20,000
Bond Principal - Lincoln Pool - - 207,859 207,859
Façade Improvement - - 572,000 572,000
Lincoln Pool Project 366,150 393,973 1,800,000 1,406,027
Other Projects - - 50,000 50,000
Bond Principal - 22,539 396,335 373,796
Bond Interest - - 41,681 41,681
Interest Expense - - - -
TOTAL EXPENSES 381,813 437,067 3,182,425 2,745,358
INCREASE(DECREASE) IN CASH (368,375) 1,534,663 (161,972)
ENDING CASH 1,721,173 1,721,173 24,537 -
CRA CASH 416,806
Lincoln Pool Tax Income Balance (4,355)
LINCOLN POOL Bond Account 1,225,373
TIF CASH 83,348
Total Cash 1,721,173
Grand Island Regular Meeting - 1/9/2013 Page 9 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF NOVEMBER 2012
MONTH ENDED 2012-2013 2013 REMAINING
NOVEMBER 2012 YEAR TO DATE BUDGET BALANCE
CRA
GENERAL OPERATIONS:
Property Taxes - CRA 3,671 47,303 446,578 399,275
Property Taxes - Lincoln Pool 1,488 22,069 207,859 185,790
Interest Income 11 21 1,000 979
Loan Income (Poplar Street Water Line) - 1,487 5,000 3,513
Land Sales - - 100,000 100,000
Bond Proceeds Lincoln Pool - 1,800,000 1,800,000 -
Other Revenue & Motor Vehicle Tax 8,250 14,250 22,000 7,750
TOTAL 13,419 1,885,131 2,582,437 697,306
CHERRY PARK LTD II
Property Taxes - 31,891 59,180 27,289
Interest Income 17 26 - -
Other Revenue - - - -
TOTAL 17 31,917 59,180 27,289
GENTLE DENTAL
Property Taxes - - 4,202 4,202
Interest Income 0 0 - -
Other Revenue - - - -
TOTAL 0 0 4,202 4,202
PROCON TIF
Property Taxes - - 19,162 19,162
Interest Income 0 2 - (2)
Other Revenue - - - -
TOTAL 0 2 19,162 19,160
WALNUT HOUSING PROJECT
Property Taxes - 32,141 74,472 42,331
Interest Income 1 1 - -
Other Revenue - - - -
TOTAL 1 32,142 74,472 42,331
BRUNS PET GROOMING
Property Taxes - - 13,500 13,500
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 13,500 13,500
GIRARD VET CLINIC
Property Taxes - - 14,500 14,500
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 14,500 14,500
Grand Island Regular Meeting - 1/9/2013 Page 10 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF NOVEMBER 2012
MONTH ENDED 2012-2013 2013 REMAINING
NOVEMBER 2012 YEAR TO DATE BUDGET BALANCE
GEDDES ST APTS-PROCON
Property Taxes - - 30,000 30,000
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 30,000 30,000
SOUTHEAST CROSSING
Property Taxes - - 12,000 12,000
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 12,000 12,000
Poplar Street Water
Property Taxes - 1,487 2,500 1,013
Interest Income - - - -
Other Revenue - - - -
TOTAL - 1,487 2,500 1,013
CASEY'S @ FIVE POINTS
Property Taxes - 4,278 10,000 5,722
Interest Income - - - -
Other Revenue - - - -
TOTAL - 4,278 10,000 5,722
SOUTH POINTE HOTEL PROJECT
Property Taxes - - 90,000 90,000
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 90,000 90,000
TODD ENCK PROJECT
Property Taxes - - 2,500 2,500
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 2,500 2,500
JOHN SCHULTE CONSTRUCTION
Property Taxes - - 6,000 6,000
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 6,000 6,000
PHARMACY PROPERTIES INC
Property Taxes - - 11,000 11,000
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 11,000 11,000
KEN-RAY LLC
Property Taxes - - 34,000 34,000
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 34,000 34,000
Grand Island Regular Meeting - 1/9/2013 Page 11 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF NOVEMBER 2012
MONTH ENDED 2012-2013 2013 REMAINING
NOVEMBER 2012 YEAR TO DATE BUDGET BALANCE
SKAGWAY
Property Taxes - - 55,000 55,000
Interest Income - - - -
Other Revenue - - - -
TOTAL - - 55,000 55,000
TOTAL REVENUE 13,437 1,954,955 3,020,453 1,065,524
EXPENSES
CRA
GENERAL OPERATIONS:
Auditing & Accounting - - 5,000 5,000
Legal Services 150 150 3,000 2,850
Consulting Services - - 10,000 10,000
Contract Services 15,462 17,783 55,000 37,217
Printing & Binding - - 1,000 1,000
Other Professional Services - 2,088 16,000 13,912
General Liability Insurance - - 250 250
Postage 35 54 200 146
Matching Grant - - - -
Legal Notices 16 480 2,500 2,020
Licenses & Fees - - - -
Travel & Training - - 1,000 1,000
Other Expenditures - - - -
Office Supplies - - 300 300
Supplies - - 300 300
Land - - 20,000 20,000
Bond Principal - Lincoln Pool - - 207,859 207,859
PROJECTS
Façade Improvement - - 572,000 572,000
Lincoln Pool Project 366,150 393,973 1,800,000 1,406,027
Alleyway Improvement - - - -
Other Projects - - 50,000 50,000
TOTAL CRA EXPENSES 381,813 414,528 2,744,409 2,329,881
CHERRY PARK LTD II
Bond Principal - - 53,831 53,831
Bond Interest - - 5,349 5,349
TOTAL CHERRY PARK EXPENSES - - 59,180 59,180
GENTLE DENTAL
Bond Principal - - 2,986 2,986
Bond Interest - - 1,216 1,216
TOTAL GENTLE DENTAL - - 4,202 4,202
Grand Island Regular Meeting - 1/9/2013 Page 12 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF NOVEMBER 2012
MONTH ENDED 2012-2013 2013 REMAINING
NOVEMBER 2012 YEAR TO DATE BUDGET BALANCE
PROCON TIF
Bond Principal - - 12,467 12,467
Bond Interest - - 6,695 6,695
TOTAL PROCON TIF - - 19,162 19,162
WALNUT HOUSING PROJECT
Bond Principal - - 46,051 46,051
Bond Interest - - 28,421 28,421
- - -
TOTAL WALNUT HOUSING - - 74,472 74,472
BRUNS PET GROOMING
Bond Principal - - 13,500 13,500
Bond Interest - - - -
TOTAL BRUNS PET GROOMING - - 13,500 13,500
GIRARD VET CLINIC
Bond Principal - - 14,500 14,500
Bond Interest - - - -
TOTAL GIRARD VET CLINIC - - 14,500 14,500
GEDDES ST APTS - PROCON
Bond Principal - - 30,000 30,000
Bond Interest - - - -
TOTAL GEDDES ST APTS - PROCON - - 30,000 30,000
SOUTHEAST CROSSINGS
Bond Principal - - 12,000 12,000
Bond Interest - - - -
TOTAL SOUTHEAST CROSSINGS - - 12,000 12,000
POPLAR STREET WATER
Bond Principal - 1,487 2,500 1,013
Bond Interest - - - -
Auditing & Accounting - - - -
Contract Services - - - -
TOTAL POPLAR STREET WATER - 1,487 2,500 1,013
Grand Island Regular Meeting - 1/9/2013 Page 13 / 19
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF NOVEMBER 2012
MONTH ENDED 2012-2013 2013 REMAINING
NOVEMBER 2012 YEAR TO DATE BUDGET BALANCE
CASEY'S @ FIVE POINTS
Bond Principal - 4,278 10,000 5,722
Bond Interest - - - -
TOTAL CASEY'S @ FIVE POINTS - 4,278 10,000 5,722
SOUTH POINTE HOTEL PROJECT
Bond Principal - - 90,000 90,000
Bond Interest - - - -
TOTAL SOUTH POINTE HOTEL PROJECT - - 90,000 90,000
TODD ENCK PROJECT
Bond Principal - - 2,500 2,500
Bond Interest - - - -
TOTAL TODD ENCK PROJECT - - 2,500 2,500
JOHN SCHULTE CONSTRUCTION
Bond Principal - - 6,000 6,000
Bond Interest - - - -
Auditing & Accounting - - - -
TOTAL JOHN SCHULTE CONSTRUCITON - - 6,000 6,000
PHARMACY PROPERTIES INC
Bond Principal - - 11,000 11,000
Bond Interest - - - -
Auditing & Accounting - - - -
TOTAL PHARMACH PROPERTIES INC - - 11,000 11,000
KEN-RAY LLC
Bond Principal - 16,775 34,000 17,225
Bond Interest - - - -
Auditing & Accounting - - - -
TOTAL KEN-RAY LLC - 16,775 34,000 17,225
SKAGWAY
Bond Principal - - 55,000 55,000
Bond Interest - - - -
Auditing & Accounting - - - -
TOTAL SKAGWAY - - 55,000 55,000
TOTAL EXPENSES 381,813 437,067 3,182,425 2,745,358
Grand Island Regular Meeting - 1/9/2013 Page 14 / 19
Community Redevelopment
Authority (CRA)
Wednesday, January 9, 2013
Regular Meeting
Item D1
Bills
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 1/9/2013 Page 15 / 19
9-Jan-13
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
Lawnscape 408 E 3rd Snow removal 2X
2012 Real Estate Tax 3235 S Locust (CRA Property)
2012 Real Estate Tax 3235 S Locust (CRA Property)
Grand Island Independent monthly notices
YMCA - Tree Project Downtown Grant
City of GI Lincoln Pool Bond Fees
JEO Consulting Lincoln Pool
Hausmann Construction, INC
Almquist Maltzahn Galloway & Luth CRA Audit
Mayer, Burns, Koenig & Janulewicz Legal Services
Total:
Grand Island Regular Meeting - 1/9/2013 Page 16 / 19
$ 2,935.98
$ 375.00
$ 32.04
$ 75.00
$ 133.08
$ 4,989.44
$ 16.01
$ 7,500.00
$ 525.00
$ 4,897.55
$ 137,253.50
$ 4,075.00
$ 150.00
$ 162,957.60
TO: Community Redevelopment Authority Board Members
RE: Bills Submitted for Payment
Redevelopment Authority Treasurer for preparation of payment.
Grand Island Regular Meeting - 1/9/2013 Page 17 / 19
Community Redevelopment
Authority (CRA)
Wednesday, January 9, 2013
Regular Meeting
Item E1
Committed Projects
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 1/9/2013 Page 18 / 19
COMMITTED PROJECTS TOTAL AMOUNT 2013 FISCAL
YR
2014 FISCAL YR 2015 FISCAL
YR
ESTIMATED
COMP
Downtown BID
Grand Generation/YMCA $ 7,500.00 $ 7,500.00 $ -
Historic Lighting Projects $ 30,000.00 $ 30,000.00 $ -
Ron Nitzel $ 31,948.00 $ 31,948.00 Fall 2013
Fonner Park **$ 96,311.50 $ 96,311.50 Complete Final
payment Spring
2013
YMCA $ 48,000.00 $ 48,000.00 $ -Complete Waiting
on Bill
2014 Wayside Horns (Custer/
Blaine)
$ 100,000.00 $ 100,000.00 $ -Winter 2014
The Grand Façade $300,000
($100 over 3 fiscal yrs)
$ 100,000.00 $ 100,000.00 $ -Complete Final
Payment Spring
2013
$ -
Total Committed $ 413,759.50 $ 313,759.50 $ 100,000.00 $ -
Façade Budget $ Remaining $ 572,000.00
Other Projects $ 50,000.00
Land $ 20,000.00
subtotal $ 642,000.00
Less committed $ (313,759.50)
Balance remaining $ 328,240.50
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
December 31, 2012
Grand Island Regular Meeting - 1/9/2013 Page 19 / 19