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11-12-2014 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, November 12, 2014 Regular Meeting Packet Board Members: Michelle Fitzke Tom Gdowski Barry Sandstrom Sue Pirnie Glen Murray 4:00 PM Grand Island Regular Meeting - 11/12/2014 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 - 11/12/2014 Page 2 / 19 Community Redevelopment Authority (CRA) Wednesday, November 12, 2014 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2014 Page 3 / 19 AGENDA Wednesday, November 12, 2014 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 October 29, 2014 Meeting. 3.Approval of Financial Reports. 4.Approval of Bills. 5.Review of Committed Projects and CRA Properties. 6.Approve correction to Exhibit C of Redevelopment contract for 3420 W State Street, EIG Grand Island, LLC. 7.Consideration of sale of Northwest Crossings, 3420 W State Street., EIG Grand Island, LLC 8.Approve Resolution or Resolutions to Purchase/Sell Real Estate. 9.Directors Report. 10.Adjournment Next Meeting December 10, 2014 The CRA may go into closed session for any agenda item as allowed by state law. Grand Island Regular Meeting - 11/12/2014 Page 4 / 19 Community Redevelopment Authority (CRA) Wednesday, November 12, 2014 Regular Meeting Item B1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2014 Page 5 / 19 OFFICIAL PROCEEDINGS MINUTES OF COMMUNITY REDEVELOPMENT AUTHORITY MEETING OF October 29, 2014 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 October 29, 2014 at City Hall 100 E First Street. Notice of the meeting was given in the October 22, 2014 Grand Island Independent. 1.CALL TO ORDER. Chairman Barry Sandstrom called the meeting to order at 4:00 p.m. The following members were present: Sue Pirnie, Michelle Fitzke, Tom Gdowski and Glenn Wilson. Also present were; Director, Chad Nabity; Secretary, Rose Rhoads; Legal Counsel; Duane Burns, Council Liaison; Vaughn Minton; Finance Director, Jaye Monter; Glen Murray, Tim Lowe, Max Gansline, Ray O’Connor, and Keith Marvin. 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. Sandstrom awarded a plaque to Glen Murray for his service and dedication to the CRA. Sandstrom also introduced the newest member Glenn Wilson to the CRA. 2.APPROVAL OF MINUTES. A motion for approval of Minutes for the September 22, 2014 meeting was made by Gdowski and seconded by Fitzke. Upon roll call vote all present voted aye. Motion carried unanimously. 3.APPROVAL OF FINANCIAL REPORTS. Monter reviewed the financial reports for the period of September 1, 2014 through September 30, 2014. Motion was made by Pirnie and seconded by Fitzke 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 Nabity. A motion was made by Fitzke and seconded by Pirnie to approve the bills in the amount of $770,079.32. Upon roll call vote all present voted aye. Motion carried unanimously to approve the payment of bills totaling $770,079.32. 5.REVIEW OF COMMITTED PROJECTS & CRA PROPERTY. Grand Island Regular Meeting - 11/12/2014 Page 6 / 19 Nabity reviewed the Committed Projects. Nabity explained the Happy Brush façade permit application has been submitted. Ryan Waind’s contractor has submitted plans for his Façade, his project is moving forward. The Housing Study is complete just waiting for the bill. 6.CONSIDERATION OF RESOLUTION 184. Consideration of the redevelopment contract and Resolution 184 was considered for 2228 N Webb Rd. A motion was made by Pirnie and seconded by Gdowski to approve the TIF contract and Resolution 184. Motion carried. 7. PRESENTATION. Keith Marvin gave a presentation on Substandard and Blight Area 16, Veterans Home. A motion was made by Pirnie and seconded by Fitzke to approve the acceptance of the Blight Study for Area 16. Motion carried. 8.DISCUSSION CONCERNING PURCHASE/SALE OF REAL ESTATE OF PROPERTY. A motion was made by Pirnie at 5:00 p.m. and seconded by Fitzke to enter into executive session, to discuss potential purchase of property. A motion was made by Fitzke at 5:19 p.m. to exit executive session and seconded by Gdowski. 9. APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE/SELL REAL ESTATE. None 10. DIRECTORS REPORT. 11. ADJORNMENT. Sandstrom adjourned the meeting at 5:25 p.m. The next meeting is scheduled for November 12, 2014 at 4:00 p.m. Respectfully submitted Chad Nabity Director Grand Island Regular Meeting - 11/12/2014 Page 7 / 19 Community Redevelopment Authority (CRA) Wednesday, November 12, 2014 Regular Meeting Item C1 Financial Reports Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2014 Page 8 / 19 Grand Island Regular Meeting - 11/12/2014 Page 9 / 19 Grand Island Regular Meeting - 11/12/2014 Page 10 / 19 Grand Island Regular Meeting - 11/12/2014 Page 11 / 19 Grand Island Regular Meeting - 11/12/2014 Page 12 / 19 Grand Island Regular Meeting - 11/12/2014 Page 13 / 19 Grand Island Regular Meeting - 11/12/2014 Page 14 / 19 Grand Island Regular Meeting - 11/12/2014 Page 15 / 19 Community Redevelopment Authority (CRA) Wednesday, November 12, 2014 Regular Meeting Item E1 Committed Projects Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2014 Page 16 / 19 COMMITTED PROJECTS TOTAL AMOUNT 2015 FISCAL YR 2016 FISCAL YR 2017 FISCAL YR ESTIMATED COMP J Elizabeth LLC $ 69,440.00 $ 69,440.00 2015 2222 W 2nd St - Ryan Waind $ 92,608.00 $ 46,304.00 $ 46,304.00 2015 Housing Study (EDC)$ 10,000.00 $ 10,000 2015 Downtown Kaufman - Cummings Plaza $ 50,000 $ 50,000.00 2015 Tower 217 (Amos Investment & Development) $ 291,581.00 $ 97,193.67 $ 97,193.67 $ 97,193.67 2017 $ - Total Committed $ 513,629.00 $ 272,937.67 $ 143,497.67 $ 97,193.67 Façade Budget $ Remaining $ 200,000.00 Other Projects $ 309,988.00 Land - Budget $ Remaining $ 200,000.00 Land Sales ($100,000.00) subtotal $ 609,988.00 Less committed ($272,937.67) Balance remaining $ 337,050.33 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 October 31, 2014 Grand Island Regular Meeting - 11/12/2014 Page 17 / 19 Community Redevelopment Authority (CRA) Wednesday, November 12, 2014 Regular Meeting Item X1 Consideration of Sale - 3420 W State St Staff Contact: Chad Nabity Grand Island Regular Meeting - 11/12/2014 Page 18 / 19 Grand IslandRegular Meeting - 11/12/2014Page 19 / 19