04-12-2017 Community Redevelopment Authority Regular Meeting Packet
Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting Packet
Board Members:
Tom Gdowski - Chairman
Glen Murray – Vice Chairman
Sue Pirnie
Glenn Wilson
Krae Dutoit
4:00 PM
City Hall
Grand Island Regular Meeting - 4/12/2017 Page 1 / 52
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.
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Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting
Item A1
Agenda 4-12-17
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 4/12/2017 Page 3 / 52
AGENDA
Wednesday April 12, 2017
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. The CRA may vote to go into Closed Session on
any Agenda Item as allowed by State Law.
2.Approval of Minutes of March 15, 2017 Meeting.
3.Approval of Financial Reports.
4.Approval of Bills.
5.Review of Committed Projects and CRA Properties.
6.Façade Request – Auto America
7.Façade Request – Elk’s Lodge
8.Update on CAAP Blight Study.
9.Date and topic for retreat.
10.Approve Resolution to Purchase/Sell Real Estate.
11.Director’s Report.
12.Adjournment.
Next Meeting 4 p.m. May 17, 2017
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Grand Island Regular Meeting - 4/12/2017 Page 5 / 52
COMMUNITY REDEVELOPMENT AUTHORITY
AGENDA MEMORANDUM
4 p.m. April 12, 2017
1.CALL TO ORDER. The meeting will be called to order by Chairman Tom Gdowski.
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. The minutes of the Community Redevelopment
Authority meeting March 15, 2017, are submitted for approval. A MOTION is in
order.
3.APPROVAL OF FINANCIAL REPORTS. Financial reports for the period of March
1, 2017 through March 31, 2017 are submitted for approval. A MOTION is in order.
4.APPROVAL OF BILLS. Payment of bills in the amount of $12,901.80 is submitted
for approval. A MOTION is in order.
5.REVIEW OF COMMITTED PROJECTS AND CRA PROPERTIES.
6.FAÇADE GRANT REQUEST – AUTO AMERICA. Rex and Jonadyne Carpenter,
owners of Auto America at 3036 S. Locust St. have requested an $80,000 façade
grant toward a $160,000 update of the mansard on the front portion of the building. A
MOTION is in order.
7.FAÇADE GRANT REQUEST – ELK’S LODGE. Elk’s Lodge No. 604 at 631 S.
Locust has requested a $53,400 façade grant toward a $185,000 façade improvement
to upgrade the exterior lighting, awning, flag pole and sign. A MOTION is in order.
8. CAAP BLIGHT STUDY. Funding is being sought for a blight and substandard study
at the former Cornhusker Army Ammunition Plant site. Nabity and Gdowski will
provide an update.
9. RETREAT TOPICS. This is a brainstorming session to outline some of the potential
topics for the retreat.
10. APPROVE RESOLUTION OR RESOLUTIONS TO PURCHASE OR SELL REAL
ESTATE.
None.
11. DIRECTOR’S REPORT.
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This is an opportunity for the director to communicate on going actions and activities
to the board and public.
12. ADJOURNMENT.
Chad Nabity
Director
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Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting
Item B1
Minutes 3-15-17
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 4/12/2017 Page 8 / 52
OFFICIAL PROCEEDINGS
MINUTES OF
COMMUNITY REDEVELOPMENT AUTHORITY
MEETING OF
March 15, 2017
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
March 15, 2017 at City Hall 100 E. First Street. Notice of the meeting was given in the
March 8, 2017 Grand Island Independent.
1.CALL TO ORDER. Tom Gdowski called the meeting to order at 4:01 p.m. The
following members were present: Gdowski, Glen Murray, Glenn Wilson, Sue
Pirnie and Krae Dutoit. Also present were: Director, Chad Nabity; Planning
Administrative Assistant Tracy Overstreet; Billy Clingman and Brian Schultz from
the Grand Island Finance Department; Grand Island City Council President
Vaughn Minton; developers John Anson, Amos Anson, Heath Reinders and
Timothy Lindell; and Austin Koeller of the Grand Island Independent.
Gdowski 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 Minutes for the February
8, 2017 meeting was made by Wilson and seconded by Dutoit. Upon roll call vote,
all present voted aye. Motion carried.
3. APPROVAL OF FINANCIAL REPORTS. Clingman reviewed the financial
reports for the period of February 1, 2017 through February 28, 2017. A motion
was made by Murray and seconded by Pirnie to approve the financial reports.
Upon roll call vote, all present voted aye. Motion carried.
4. APPROVAL OF BILLS. The bills were reviewed, including tax-increment
financing pass-throughs. Minton asked whether the TIF payments for Gordman’s
would change due to that company’s recent bankruptcy filing. Nabity said the
retail Gordman’s is the one that filed the bankruptcy and that is different than the
Gordman’s with the TIF project that is the landlord for the YMCA Express and the
former Hastings Bookstore area. A motion was made by Pirnie and seconded by
Wilson to approve the bills in the amount of $257,198.63. Upon roll call vote, all
present voted aye. Motion carried.
5.REVIEW OF COMMITTED PROJECTS & CRA PROPERTY. Nabity provided a
review of the committed projects The Bosselman project on South Locust Street is
moving forward. The Temple Lofts at the former Federation of Labor building
Grand Island Regular Meeting - 4/12/2017 Page 9 / 52
had recent Facebook postings of the spiral staircases and rooftop garden areas that
have been added. The sign canopy is up for Master Stylists and will be paid out in
two phases as the owner inadvertently omitted the architect’s fees in the March 15
claims. The sign is up for Othy’s Place at Third and Eddy. Owner Lindell said
there was a slight change in the type of letters for the sign because the size of
letters originally proposed were no longer available. He had to go with a larger
letter and thus expanded the length of the size face from 8 feet to 10 feet in order
to post words longer than eight characters. He is awaiting Vitrolite samples for the
second phase of the façade project. The South Locust BID has been re-created and
projects should be forthcoming. Wing Properties façade work has started. Maggie
Tiehen, owner of the Fonner View, has turned back the $90,000 façade grant
awarded in 2015 so Nabity said there are two other façade applications that will
be reviewed next week to use those funds. The Nebraska Legislature has a
proposal to defund the State Historical Tax Credit program, which is one of the
proposed funding sources for the Hedde Building that the CRA has pledged Life
Safety dollars for. The legislative session ends June 2 and the CRA will need to
watch what action is taken. Nabity expects additional life safety grant requests to
come forward. He said two individuals have inquired about the South Locust
property that the CRA has for sale.
6. FONNER VIEW FACADE. Nabity said the $90,000 façade grant there has been
turned back. No money was paid out, so none needs to be returned. The money
simply becomes available to other developers. Two other applications will be
considered by the Façade Review Committee next week. He said no formal action
from the CRA is needed.
7.THINK SMART REDEVELOPMENT CONTRACT. Think Smart Properties,
LLC, has proposed to redevelop an area within the city limits of the City of Grand
Island at 204 N. Carey (four-plex) and is seeking $48,150 in tax-increment
financing. The CRA passed Resolution 231 notifying the City Council of its intent
to enter into a redevelopment contract at the December 14, 2016, meeting. The
Hall County Regional Planning Commission met on January 4, 2017, and passed
Resolution 2017-02 finding that this plan amendment is consistent with the
comprehensive plan for the City of Grand Island. The Grand Island City Council
passed Resolution 2017-38 at its meeting on February 14, 2017. The CRA is to
consider passage of Resolution 236 and the supporting documents, including the
Think Smart Redevelopment Contract.
A motion was made by Pirnie and seconded by Dutoit to approve Resolution 236
and supporting documents. Upon roll call vote, all present voted aye. Motion
carried.
8. PEACEFUL ROOT REDEVELOPMENT CONTRACT. Peaceful Root, LLC,
has proposed to redevelop an area within the city limits of the City of Grand
Island at 112 W. Second St. (parking garage/retail/apartments) and is seeking
$263,000 in tax-increment financing. The CRA passed Resolution 234 notifying
Grand Island Regular Meeting - 4/12/2017 Page 10 / 52
the City Council of its intent to enter into a redevelopment contract at the January
11, 2017, meeting. The Hall County Regional Planning Commission met on
February 1, 2017, and passed Resolution 2017-06 finding that this plan
amendment is consistent with the comprehensive plan for the City of Grand
Island. The Grand Island City Council passed Resolution 2017-39 at its meeting
on February 14, 2017. The CRA is to consider passage of Resolution 237 and the
supporting documents, including the Peaceful Root Redevelopment Contract.
A motion was made by Dutoit and seconded by Wilson to approve Resolution 237
and supporting documents. Upon roll call vote, all present voted aye. Motion
carried.
9. CHAAP BLIGHT STUDY
Nabity reported that the Grand Island Grow Foundation, which is overseen by the
Grand Island Economic Development Corp., appears to be moving forward with a
blight and substandard study on the balance of the 20-square mile former
Cornhusker Army Ammunition Plant site west of Grand Island that isn’t under
study already. The foundation is not seeking a funding partnership on the study,
Nabity said. The CRA may want to consider recouping some of the foundation’s
study expense from future TIF applicants at the former defense site, if applications
are submitted, he said. Wilson said this study and the former ordnance plant land
has “huge potential.” A few key projects need to be landed to serve as a catalyst
for additional development, he said. Nabity said there are two projects currently
underway. Pat O’Neill of O’Neill Wood Resources will likely be seeking tax-
increment financing for a construction and demolition landfill there if he first
obtains a siting permit from the Nebraska Department of Environmental Quality.
Hornady Manufacturing is already working on an expansion project there too,
Nabity said, but will not be seeking tax-increment financing because the project
needs to move faster than what can be accomplished using TIF.
10 SET RETREAT DATE AND TOPICS. Nabity said an electronic poll will be sent
out to CRA members to select preferred meeting times in May or June for a four-
hour retreat.
11.APPROVE RESOLUTION TO PURCHASE/SELL REAL ESTATE.
No resolutions.
12. DIRECTORS REPORT.
Nabity reported that CRA work was honored at the Nebraska Planning and Zoning
Association Conference in Kearney last week. The City of Grand Island and
Downtown Improvement Board received the “Implementation” award for
implementing the 2013 Downtown Grand Island Redevelopment Plan. That
included the Railside branding, upper-story housing, façade grants, infrastructure
updates with water lines, sewer improvements and historic lighting – much of
which the CRA helped fund. The city also received awards for the tax-increment
Grand Island Regular Meeting - 4/12/2017 Page 11 / 52
financing workshop and the tax-increment financing educational game. Nabity also
provided a legislative update. Many of the bills introduced by Sen. Groene of North
Platte that would change current TIF regulations appear to not have support to get
out of committee. There is a constitutional amendment that could extend tax-
increment financing to 20 years from the current 15 for “extremely blighted” areas.
If Nebraska voters would approve that constitutional amendment, the legislature
would then need to define “extremely blighted.”
11. ADJOURNMENT. Gdowski adjourned the meeting at 4:32 p.m.
The next meeting is scheduled for April 12, 2017.
Respectfully submitted
Chad Nabity
Director
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Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting
Item C1
Financials 4-12-17
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 4/12/2017 Page 13 / 52
MONTH ENDED 2016-2017 2017 REMAINING % OF BUDGET
March-17 YEAR TO DATE BUDGET BALANCE USED
CONSOLIDATED
Beginning Cash 949,866 843,818
REVENUE:
Property Taxes - CRA 10,738 123,889 566,972 424,752 21.85%
Property Taxes - Lincoln Pool 2,039 38,245 195,863 159,805 19.53%
Property Taxes -TIF's 4,586 274,264 1,809,856 1,535,592 15.15%
Loan Income (Poplar Street Water Line)- - 8,000 8,000 0.00%
Interest Income - CRA 20 106 300 194 35.46%
Interest Income - TIF'S 1 5,119 23,720 18,601 21.58%
Land Sales - - 250,000 250,000 0.00%
Other Revenue - CRA 419 (105) 130,000 130,105 -0.08%
Other Revenue - TIF's - - - - #DIV/0!
TOTAL REVENUE 17,803 441,518 2,984,710 2,527,049 14.79%
TOTAL RESOURCES 967,668 441,518 3,828,529 2,527,049
EXPENSES
Auditing & Accounting - 4,475 5,000 525 89.50%
Legal Services - 613 3,000 2,387 20.43%
Consulting Services - - 5,000 5,000 0.00%
Contract Services 3,198 25,836 75,000 49,164 34.45%
Printing & Binding - - 1,000 1,000 0.00%
Other Professional Services - 4,953 16,000 11,047 30.96%
General Liability Insurance - - 250 250 0.00%
Postage - 59 200 141 29.47%
Life Safety - - 265,000 265,000 0.00%
Legal Notices 13 90 500 410 17.91%
Travel & Training - 100 1,000 900 10.02%
Other Expenditures - - - - #DIV/0!
Office Supplies - 72 1,000 928 7.17%
Supplies - - 300 300 0.00%
Land - - 50,000 50,000 0.00%
Bond Principal - Lincoln Pool - 175,000 175,000 - 100.00%
Bond Interest - 11,306 20,863 9,557 54.19%
Façade Improvement - - 200,000 200,000 0.00%
Building Improvement 56,771 76,771 835,148 758,377 9.19%
Other Projects - - 50,000 50,000 0.00%
Bond Principal-TIF's 197,217 266,313 1,815,774 1,549,461 14.67%
Bond Interest-TIF's - 9,403 17,463 8,060 53.85%
Interest Expense - - - - #DIV/0!
TOTAL EXPENSES 257,199 574,992 3,537,498 2,962,506 16.25%
INCREASE(DECREASE) IN CASH (239,396) (133,473) (552,788)
ENDING CASH 710,470 (133,473) 291,031 -
CRA CASH 560,001
Lincoln Pool Tax Income Balance 100,972
TIF CASH 49,497
Total Cash 710,470
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2017
Grand Island Regular Meeting - 4/12/2017 Page 14 / 52
MONTH ENDED 2016-2017 2017 REMAINING % OF BUDGET
March-17 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2017
CRA
GENERAL OPERATIONS:
Property Taxes - CRA 10,738 123,889 548,641 424,752 22.58%
Property Taxes - Lincoln Pool 2,039 38,245 198,050 159,805 19.31%
Interest Income 20 106 300 194 35.46%
Loan Income (Poplar Street Water Line)- 8,000 8,000 0.00%
Land Sales - 250,000 250,000 0.00%
Other Revenue & Motor Vehicle Tax 419 (105) 130,000 130,105 -0.08%
TOTAL 13,216 162,135 1,134,991 972,856 14.29%
GENTLE DENTAL
Property Taxes 118 3,598 3,480 3.27%
Interest Income 0 1 404 403 0.24%
TOTAL 0 119 4,002 3,883 2.97%
PROCON TIF
Property Taxes 9,252 15,601 6,349 59.31%
Interest Income 0 2 4,101 4,099 0.06%
TOTAL 0 9,255 19,702 10,447 46.97%
WALNUT HOUSING PROJECT
Property Taxes 33,141 55,257 22,116 59.98%
Interest Income 0 5,116 19,215 14,099 26.62%
TOTAL 0 38,257 74,472 36,215 51.37%
BRUNS PET GROOMING
Property Taxes 6,787 13,500 6,714 50.27%
TOTAL - 6,787 13,500 6,714 50.27%
GIRARD VET CLINIC
Property Taxes 218 14,500 14,282 1.50%
TOTAL - 218 14,500 14,282 1.50%
GEDDES ST APTS-PROCON
Property Taxes 575 30,000 29,425 1.92%
TOTAL - 575 30,000 29,425 1.92%
SOUTHEAST CROSSING
Property Taxes 9,279 18,000 8,721 51.55%
TOTAL - 9,279 18,000 8,721 51.55%
POPLAR STREET WATER
Property Taxes 430 826 8,000 7,174 10.33%
TOTAL 430 826 8,000 7,174 10.33%
CASEY'S @ FIVE POINTS
Property Taxes 290 10,000 9,710 2.90%
TOTAL - 290 10,000 9,710 2.90%
SOUTH POINTE HOTEL PROJECT
Property Taxes 1,725 90,000 88,275 1.92%
TOTAL - 1,725 90,000 88,275 1.92%
Grand Island Regular Meeting - 4/12/2017 Page 15 / 52
MONTH ENDED 2016-2017 2017 REMAINING % OF BUDGET
March-17 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2017
TODD ENCK PROJECT
Property Taxes 133 6,000 5,867 2.21%
TOTAL - 133 6,000 5,867 2.21%
JOHN SCHULTE CONSTRUCTION
Property Taxes 2,562 6,000 3,438 42.71%
TOTAL - 2,562 6,000 3,438 42.71%
PHARMACY PROPERTIES INC
Property Taxes 244 11,000 10,756 2.22%
TOTAL - 244 11,000 10,756 2.22%
KEN-RAY LLC
Property Taxes 935 85,000 84,065 1.10%
TOTAL - 935 85,000 84,065 1.10%
TOKEN PROPERTIES RUBY
Property Taxes 61 1,500 1,439 4.04%
TOTAL - 61 1,500 1,439 4.04%
GORDMAN GRAND ISLAND
Property Taxes 1,097 40,000 38,903 2.74%
TOTAL - 1,097 40,000 38,903 2.74%
BAKER DEVELOPMENT INC
Property Taxes 1,758 3,000 1,242 58.61%
TOTAL - 1,758 3,000 1,242 58.61%
STRATFORD PLAZA INC
Property Taxes 680 35,000 34,320 1.94%
TOTAL - 680 35,000 34,320 1.94%
COPPER CREEK 2013 HOUSES
Property Taxes 261 7,222 80,000 72,778 0.00%
TOTAL 261 7,222 80,000 72,778 0.00%
FUTURE TIF'S
Property Taxes - 900,000 900,000 0.00%
TOTAL - - 900,000 900,000 0.00%
CHIEF INDUSTRIES AURORA COOP
Property Taxes 746 40,000 39,254 1.86%
TOTAL - 746 40,000 39,254 0.00%
TOKEN PROPERTIES KIMBALL ST
Property Taxes 1,323 2,700 1,377 49.00%
TOTAL - 1,323 2,700 1,377 0.00%
GI HABITAT OF HUMANITY
Property Taxes 85 8,000 7,915 1.06%
TOTAL - 85 8,000 7,915 0.00%
Grand Island Regular Meeting - 4/12/2017 Page 16 / 52
MONTH ENDED 2016-2017 2017 REMAINING % OF BUDGET
March-17 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2017
AUTO ONE INC
Property Taxes 245 11,000 10,755 2.22%
TOTAL - 245 11,000 10,755 0.00%
EIG GRAND ISLAND
Property Taxes 1,464 50,000 48,536 2.93%
TOTAL - 1,464 50,000 48,536 0.00%
TOKEN PROPERTIES CARY ST
Property Taxes 3,807 8,000 4,193 47.59%
TOTAL - 3,807 8,000 4,193 0.00%
WENN HOUSING PROJECT
Property Taxes 89 4,200 4,111 2.12%
TOTAL - 89 4,200 4,111 0.00%
COPPER CREEK 2014 HOUSES
Property Taxes 3,892 24,919 200,000 175,081 12.46%
TOTAL 3,892 24,919 200,000 175,081 0.00%
TC ENCK BUILDERS
Property Taxes 9 3,000 2,992 0.28%
TOTAL - 9 3,000 2,992 0.00%
SUPER MARKET DEVELOPERS
Property Taxes - 20,000 20,000 0.00%
TOTAL - - 20,000 20,000 0.00%
MAINSTAY SUITES
Property Taxes 13,219 25,000 11,781 52.87%
TOTAL - 13,219 25,000 11,781 0.00%
TOWER 217
Property Taxes 14,186 12,000 (2,186) 118.22%
TOTAL - 14,186 12,000 (2,186) 0.00%
COPPER CREEK 2015 HOUSES
Property Taxes 3 3,352 - (3,352)
TOTAL 3 3,352 - (3,352)
NORTHWEST COMMONS
Property Taxes 133,919 - (133,919)
TOTAL - 133,919 - (133,919)
HABITAT - 8TH & SUPERIOR
Property Taxes 90 (90)
TOTAL - 90 - (90)
KAUFMAN BUILDING
Property Taxes 35 (35)
TOTAL - 35 - (35)
TOTAL REVENUE 17,803 441,518 2,968,567 2,527,049 14.87%
Grand Island Regular Meeting - 4/12/2017 Page 17 / 52
MONTH ENDED 2016-2017 2017 REMAINING % OF BUDGET
March-17 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2017
EXPENSES
CRA
GENERAL OPERATIONS:
Auditing & Accounting 4,475 5,000 525 89.50%
Legal Services 613 3,000 2,387 20.43%
Consulting Services - 5,000 5,000 0.00%
Contract Services 3,198 25,836 75,000 49,164 34.45%
Printing & Binding - 1,000 1,000 0.00%
Other Professional Services 4,953 16,000 11,047 30.96%
General Liability Insurance - 250 250 0.00%
Postage 59 200 141 29.47%
Lifesafety Grant - 265,000 265,000 0.00%
Legal Notices 13 90 500 410 17.91%
Travel & Training 100 1,000 900 10.02%
Office Supplies 72 1,000 928 7.17%
Supplies - 300 300 0.00%
Land - 50,000 50,000 0.00%
Bond Principal - Lincoln Pool 175,000 175,000 - 100.00%
Bond Interest - Lincoln Pool 11,306 20,863 9,557 54.19%
PROJECTS
Façade Improvement - 200,000 200,000 0.00%
Building Improvement 56,771 76,771 835,148 758,377 0.00%
Other Projects - 50,000 50,000 0.00%
TOTAL CRA EXPENSES 59,982 299,275 1,704,261 1,404,986 17.56%
GENTLE DENTAL
Bond Principal 1,925 3,917 1,992 49.15%
Bond Interest 176 285 109 61.72%
TOTAL GENTLE DENTAL - 2,101 4,202 2,101 50.00%
PROCON TIF
Bond Principal 8,067 16,416 8,349 49.14%
Bond Interest 1,514 2,747 1,233 55.12%
TOTAL PROCON TIF - 9,581 19,163 9,582 50.00%
WALNUT HOUSING PROJECT
Bond Principal 29,523 60,041 30,518 49.17%
Bond Interest 7,713 14,431 6,718 53.45%
TOTAL - 37,236 74,472 37,236 50.00%
BRUNS PET GROOMING
Bond Principal 293 6,787 13,500 6,714 50.27%
TOTAL 293 6,787 13,500 6,714 50.27%
GIRARD VET CLINIC
Bond Principal 218 218 14,500 14,282 1.50%
TOTAL 218 218 14,500 14,282 1.50%
GEDDES ST APTS - PROCON
Bond Principal 575 575 30,000 29,425 1.92%
TOTAL 575 575 30,000 29,425 1.92%
Grand Island Regular Meeting - 4/12/2017 Page 18 / 52
MONTH ENDED 2016-2017 2017 REMAINING % OF BUDGET
March-17 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2017
SOUTHEAST CROSSINGS
Bond Principal 9,279 9,279 18,000 8,721 51.55%
TOTAL 9,279 9,279 18,000 8,721 51.55%
POPLAR STREET WATER
Bond Principal 397 397 8,000 7,603 4.96%
TOTAL 397 397 8,000 7,603 4.96%
CASEY'S @ FIVE POINTS
Bond Principal 290 290 10,000 9,710 2.90%
TOTAL 290 290 10,000 9,710 2.90%
SOUTH POINTE HOTEL PROJECT
Bond Principal 1,725 1,725 90,000 88,275 1.92%
TOTAL 1,725 1,725 90,000 88,275 1.92%
TODD ENCK PROJECT
Bond Principal 133 133 6,000 5,867 2.21%
TOTAL 133 133 6,000 5,867 2.21%
JOHN SCHULTE CONSTRUCTION
Bond Principal 146 2,562 6,000 3,438 42.71%
TOTAL 146 2,562 6,000 3,438 42.71%
PHARMACY PROPERTIES INC
Bond Principal 244 244 11,000 10,756 2.22%
TOTAL 244 244 11,000 10,756 2.22%
KEN-RAY LLC
Bond Principal 935 935 85,000 84,065 1.10%
TOTAL 935 935 85,000 84,065 1.10%
TOKEN PROPERTIES RUBY
Bond Principal - 1,500 1,500 0.00%
TOTAL - - 1,500 1,500 0.00%
GORDMAN GRAND ISLAND
Bond Principal 1,097 1,097 40,000 38,903 2.74%
TOTAL 1,097 1,097 40,000 38,903 2.74%
BAKER DEVELOPMENT INC
Bond Principal 1,687 3,000 1,313 56.23%
TOTAL - 1,687 3,000 1,313 56.23%
STRATFORD PLAZA LLC
Bond Principal 680 680 35,000 34,320 1.94%
TOTAL 680 680 35,000 34,320 1.94%
COPPER CREEK 2013 HOUSES
Bond Principal 5,359 6,961 80,000 73,039 8.70%
TOTAL 5,359 6,961 80,000 73,039 8.70%
Grand Island Regular Meeting - 4/12/2017 Page 19 / 52
MONTH ENDED 2016-2017 2017 REMAINING % OF BUDGET
March-17 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2017
CHIEF INDUSTRIES AURORA COOP
Bond Principal 746 746 40,000 39,254 1.86%
TOTAL 746 746 40,000 39,254 1.86%
TOKEN PROPERTIES KIMBALL STREET
Bond Principal 1,269 2,700 1,431 47.01%
TOTAL - 1,269 2,700 1,431 47.01%
GI HABITAT FOR HUMANITY
Bond Principal - 8,000 8,000 0.00%
TOTAL - - 8,000 8,000 0.00%
AUTO ONE INC
Bond Principal 245 245 11,000 10,755 2.22%
TOTAL 245 245 11,000 10,755 2.22%
EIG GRAND ISLAND
Bond Principal 1,464 1,464 50,000 48,536 2.93%
TOTAL 1,464 1,464 50,000 48,536 2.93%
TOKEN PROPERTIES CARY STREET
Bond Principal 172 3,807 8,000 4,193 47.59%
TOTAL 172 3,807 8,000 4,193 47.59%
WENN HOUSING PROJECT
Bond Principal - 4,200 4,200 0.00%
TOTAL - - 4,200 4,200 0.00%
COPPER CREEK 2014 HOUSES
Bond Principal 21,027 21,027 200,000 178,973 10.51%
TOTAL 21,027 21,027 200,000 178,973 10.51%
TC ENCK BUILDERS
Bond Principal - 3,000 3,000 0.00%
TOTAL - - 3,000 3,000 0.00%
SUPER MARKET DEVELOPERS
Bond Principal - 20,000 20,000 0.00%
TOTAL - - 20,000 20,000 0.00%
MAINSTAY SUITES
Bond Principal 1,317 13,219 25,000 11,781 52.87%
TOTAL 1,317 13,219 25,000 11,781 52.87%
TOWER 217
Bond Principal 13,611 14,186 12,000 (2,186) 118.22%
TOTAL 13,611 14,186 12,000 (2,186) 118.22%
COPPER CREEK 2015 HOUSES
Bond Principal 3,349 3,349 - (3,349)
TOTAL 3,349 3,349 (3,349)
Grand Island Regular Meeting - 4/12/2017 Page 20 / 52
MONTH ENDED 2016-2017 2017 REMAINING % OF BUDGET
March-17 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2017
NORTHWEST COMMONS
Bond Principal 133,919 133,919 - (133,919)
TOTAL 133,919 133,919 (133,919)
HABITAT - 8TH & SUPERIOR
Bond Principal - - - -
TOTAL - - -
KAUFMAN BUILDING
Bond Principal - - - -
TOTAL - - -
FUTURE TIF'S
Bond Principal - - 900,000 900,000 0.00%
TOTAL - - 900,000 900,000 0.00%
TOTAL EXPENSES 257,199 574,992 3,537,498 2,962,506 16.25%
Grand Island Regular Meeting - 4/12/2017 Page 21 / 52
04/06/2017 09:10 |CITY OF GRAND ISLAND |P 1
briansc |BALANCE SHEET FOR 2017 6 |glbalsht
NET CHANGE ACCOUNT
FUND: 900 COMMUNITY REDEVELOPMENT AUTHOR FOR PERIOD BALANCE__________________________________________________________________________________________________________
ASSETS
900 11110 OPERATING CASH -239,395.88 710,469.85
900 11120 COUNTY TREASURER CASH .00 114,460.48
900 11305 PROPERTY TAXES RECEIVABLE .00 80,176.00
900 14100 NOTES RECEIVABLE .00 365,077.58
900 14700 LAND .00 575,369.33_______________________________________
TOTAL ASSETS -239,395.88 1,845,553.24_______________________________________
LIABILITIES
900 22100 LONG TERM DEBT .00 -281,669.00
900 22200 ACCOUNTS PAYABLE .00 -2,500.00
900 22400 OTHER LONG TERM DEBT .00 -1,280,000.00
900 22900 ACCRUED INTEREST PAYABLE .00 -6,289.06
900 25100 ACCOUNTS PAYABLE .00 -2,587.06
900 25315 DEFERRED REVENUE-PROPERY TAX .00 -5,914.00
900 25316 DEFERRED REVENUE-YR END ADJ .00 67,933.18_______________________________________
TOTAL LIABILITIES .00 -1,511,025.94_______________________________________
FUND BALANCE
900 39107 BUDGETARY FUND BAL - UNRESERVD .00 552,787.93
900 39110 INVESTMENT IN FIXED ASSETS .00 -575,369.33
900 39112 FUND BALANCE-BONDS .00 1,250,994.94
900 39120 UNRESTRICTED FUND BALANCE .00 -1,143,501.54
900 39130 ESTIMATED REVENUES .00 2,984,710.07
900 39140 ESTIMATED EXPENSES .00 -3,537,498.00
900 39500 REVENUE CONTROL -17,802.75 -441,643.07
900 39600 EXPENDITURE CONTROL 257,198.63 574,991.70_______________________________________
TOTAL FUND BALANCE 239,395.88 -334,527.30_______________________________________
TOTAL LIABILITIES + FUND BALANCE 239,395.88 -1,845,553.24=======================================
** END OF REPORT - Generated by Brian Schultz **
Grand Island Regular Meeting - 4/12/2017 Page 22 / 52
Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting
Item D1
Bills 4-12-17
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 4/12/2017 Page 23 / 52
April 12-17
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 February $ 3,319.15
Administration Fees March $ 3,319.14
Accounting Fees April, May, June $ 450.00
South Locust Business District Desert Rose frontage $ 3,797.50
Grand Island Independent $ 16.01
Façade grant Master Stylists $2,000.00
Total:$ 12,901.80
Grand Island Regular Meeting - 4/12/2017 Page 24 / 52
Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting
Item E1
Committed Projects
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 4/12/2017 Page 25 / 52
COMMITTED PROJECTS REMAINING
GRANT
AMOUNT
2017 FISCAL YR 2018 FISCAL YR 2019 FISCAL YR ESTIMATED
COMP
Bosselman Real Estate $ 300,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 2019
Federation of Labor - Ziller Residential
Grant (10/12/16)
$ 60,000.00 $ 60,000.00 2017
Federation of Labor - Ziller Facade
Grant (10/12/16)
$ 53,200.00 $ 53,200.00 2017
Habitat for Humanity - Demolition Grant
2403 W. North Front (2-8-17)
$ 15,000.00 $ 15,000.00 2017
Master Stylists - 114 W. 3rd - Jeanene
Campos (10/12/16)
$ 2,019.15 $ 2,019.15 2017
Othy's Place - 724 W. 3rd - Lindell
(10/12/16)
$ 26,961.00 $ - $ 26,961.00 2017 façade,
2018 sign
South Locust/Fonner Park BID (7/13/16) $ 30,000.00 $ 15,000.00 $ 15,000.00 2018
Wing Properties - 116 E 3rd St (9/9/15) $ 68,132.00 $ 68,132.00 2017
Wing Properties - 110-114 E 3rd St
(9/9/15)
$ 167,016.00 $ 167,016.00 2017
Total Committed $ 722,328.15 $ 480,367.15 $ 141,961.00 $ 100,000.00
FIRE & LIFE SAFETY GRANT TOTAL
AMOUNT
2017 FISCAL YR 2018 FISCAL YR 2019 FISCAL YR ESTIMATED
COMP
201-203 W. 3rd St. Anson (8/24/16)$200,000 $ 200,000.00 2018
Federation of Labor - Tom Ziller
(5/13/15)
$115,000 $ 115,000.00 2017
Peaceful Root - 112 W. 2nd St. (1/11/17)$50,000 $ 50,000.00 2018 - Q1
Total Committed F&L Safety Grant $365,000 $ 115,000.00 $ 250,000.00 $ -
Life Safety - Budget $ Remaining $ 265,000.00
Façade - Budget $ Remaining $ 200,000.00
Other Projects - Budget $ Remaining $ 808,376.97
Land - Budget $ Remaining $ 50,000.00
Land Sales - Budget $ Remaining ($250,000.00)
subtotal $ 1,073,376.97 $ -
Less committed ($595,367.15)($391,961.00)
Balance remaining $ 478,009.82 $ (391,961.00)
CRA PROPERTIES
Address Purchase Price Purchase Date Demo Cost Status
408 E 2nd St $4,869 11/11/2005 $7,500 Surplus
3235 S Locust $450,000 4/2/2010 $39,764 Surplus
604-612 W 3rd $80,000 6/10/2015 Surplus
March 31, 2017
Grand Island Regular Meeting - 4/12/2017 Page 26 / 52
2017 BUDGET AVAILABLE TO COMMIT
EXPENSES
2017
AVAILABLE TO
COMMIT COMMITTED
AVAILABLE TO
COMMIT
Life Safety $ 265,000.00 $ 265,000.00
Façade $ 200,000.00 $ 55,219.15 $ 144,780.85
Building Improvements $ 835,148.00 $ 835,148.00
Other Projects $ 50,000.00 $ (90,000.00) $ 140,000.00
Land $ 50,000.00 $ - $ 50,000.00
$ 1,400,148.00 $ (34,780.85) $ 1,434,928.85
Grand Island Regular Meeting - 4/12/2017 Page 27 / 52
Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting
Item F1
Auto America
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 4/12/2017 Page 28 / 52
Grand Island Regular Meeting - 4/12/2017 Page 29 / 52
Grand Island Regular Meeting - 4/12/2017 Page 30 / 52
Grand Island Regular Meeting - 4/12/2017 Page 31 / 52
Grand Island Regular Meeting - 4/12/2017 Page 32 / 52
Grand Island Regular Meeting - 4/12/2017 Page 33 / 52
Grand Island Regular Meeting - 4/12/2017 Page 34 / 52
Grand Island Regular Meeting - 4/12/2017 Page 35 / 52
Grand Island Regular Meeting - 4/12/2017 Page 36 / 52
Grand Island Regular Meeting - 4/12/2017 Page 37 / 52
Grand Island Regular Meeting - 4/12/2017 Page 38 / 52
Grand Island Regular Meeting - 4/12/2017 Page 39 / 52
Grand Island Regular Meeting - 4/12/2017 Page 40 / 52
Grand Island Regular Meeting - 4/12/2017 Page 41 / 52
Grand Island Regular Meeting - 4/12/2017 Page 42 / 52
Grand Island Regular Meeting - 4/12/2017 Page 43 / 52
Grand Island Regular Meeting - 4/12/2017 Page 44 / 52
Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting
Item F2
Elk's Lodge
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 4/12/2017 Page 45 / 52
. _ F¬...---:-_-.-i+-:-i
senRAAtmurREBnfErorZIERTAlm]OaRT
Facade Improvement Program Application
ProEe¬t Redeveloper Informatilm
I. ApplicantName:
Address:
Elks Lod e #604
631 South Locust OPTION C
308 382-8014Telephone No.:
Contact:Bill Carstens. Sean Hansen. Jermv Brandt
II. Legal Street Address ofProject Site:
Ill. Zoning ofProject Site:
IV. Current and Contemplated Use ofProject:
V. Present Olrmership ofProject Site:Elks Lod e #604
VI. Proposed Project.. Describe in detail; attach plans and specifllcations:
eSlgn ure One ace Slgn WI
message Gen er aCCOr eSlgn O
emOVe rOO On an astom c stucco to nort ace O
aWnlng,ag PO ng] area
remove O aWnlngS an lSPOSe.
VII. Estimated Project Costs
Acquisition Costs:
A. Land
B. Budding
Grand Island Regular Meeting - 4/12/2017 Page 46 / 52
ConsndonCosts:
A, Renovafron QrBuilding CostsAttriib`Itable
toFacade hnplovementS (al¬achdetail)450.40
B. OtherConstrl|ction Costs: ARCHITECTURAL DESIGN FEE $ 2.500.00
VIH. Solnee OfFinancing:
A- DeveloperEquity:
B, Commcnelal Bank IJOan:
C. IHstoric TaxCkedits:
D. TaxhcremeutAssistance:
E, Cther
$ 128,000.00
$ 112,000.00
EL Name&Address ofArchitect]Engineerand GeneralContractor:
WEBB &COMFIANYARCHITECTS 387 N. WALNUT 381 8013
CARL MAYHEW: PROFESSIONAL DESIGNER 383 3025
MAYHEWSIGNS. lNC, CONSRUCTION SERVICES 382 7230
4413 E H\Mr30 GRAND ISLAND, NE
X. ProjcotConstnICtiOn Schedule:
A_ Coustn|ctionStartDate:APRIL 13. 2017
B- CbnstTllCtiOn Coup eden Late:
T|inanclnin=RequesthformatiotI
JULY22. 2017
I. Desonbc AmountandPull)OSefor ThthichFacade hiprovementProgmm Funds areRequested:
lacement of exterior facade elements accordin to drawin
ands ecifications submited with this a Iication.
gS
Grand Island Regular Meeting - 4/12/2017 Page 47 / 52
II.statementldendfyingFinancial Gap andNecessityforuseofFacade hiprovenentPtogran
Fllnds orProposedProject:
THE TOTAL AMOUNT OF THIS PROJECT IS $181,450.00 INCLUDING
SIGNAGE IMPROVEMENTS. OWNER FIARTICIPATION AMOUNTS TO
$132,00,000LEAVING A BALANCE OF $53,450.00TO COMPLETE THIS
FACADE REDEVELOPMENT.
IH. ApplicationofGrantFunds:
YES GranttoRedeveloper; or
heDestRateBay-Dorm
PostOffice Bea 19ce
Gfal Mand) |lehamCom 196|
-mm5-52JO
m= }tI }|5-5ffl
Emit,.cratit)rf?gandidjlld.COto
Grand Island Regular Meeting - 4/12/2017 Page 48 / 52
Grand Island Regular Meeting - 4/12/2017 Page 49 / 52
Grand Island Regular Meeting - 4/12/2017 Page 50 / 52
Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting
Item X1
Update on Cornhusker Army Ammunition Plant Blight Study
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 4/12/2017 Page 51 / 52
Community Redevelopment
Authority (CRA)
Wednesday, April 12, 2017
Regular Meeting
Item X2
Retreat Discussion
Staff Contact: Chad Nabity
Grand Island Regular Meeting - 4/12/2017 Page 52 / 52