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02-10-2021 Community Redevelopment Authority Regular Meeting Packet Community Redevelopment Authority (CRA) Wednesday, February 10, 2021 Regular Meeting Packet Board Members: Tom Gdowski - Chairman Glen Murray – Vice Chairman Sue Pirnie Glenn Wilson Krae Dutoit 4:00 PM Grand Island Regular Meeting - 2/10/2021 Page 1 / 30 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 - 2/10/2021 Page 2 / 30 Community Redevelopment Authority (CRA) Wednesday, February 10, 2021 Regular Meeting Item A1 Agenda January 13, 2021 Staff Contact: Grand Island Regular Meeting - 2/10/2021 Page 3 / 30 Grand Island Regular Meeting - 2/10/2021 Page 4 / 30 COMMUNITY REDEVELOPMENT AUTHORITY AGENDA MEMORANDUM 4 p.m. Wednesday, February 10, 2021 2. APPROVAL OF MINUTES. The minutes of the Community Redevelopment Authority meeting January 13, 2021 are submitted for approval. A MOTION is in order. 3. APPROVAL OF FINANCIAL REPORTS. Financial reports for the period of January 1 through January 31, 2021 are submitted for approval. A MOTION is in order. 4. APPROVAL OF BILLS. Payment of bills in the amount of $467,070.92 is submitted for approval. A MOTION is in order. 5. REVIEW OF COMMITTED PROJECTS AND CRA PROPERTIES. 6. DIRECTOR’S REPORT. 7. ADJOURNMENT Chad Nabity Director Grand Island Regular Meeting - 2/10/2021 Page 5 / 30 Community Redevelopment Authority (CRA) Wednesday, February 10, 2021 Regular Meeting Item B1 Minutes January 13, 2021 Staff Contact: Grand Island Regular Meeting - 2/10/2021 Page 6 / 30 THE REGIONAL PLANNING COMMISSION OF HALL COUNTY, GRAND ISLAND, WOOD RIVER AND THE VILLAGES OF ALDA, CAIRO, AND DONIPHAN, NEBRASKA Minutes for January 6, 2021 The meeting of the Regional Planning Commission was held Wednesday, January 6, 2021 at City Hall – Grand Island, Nebraska. Notice of this meeting appeared in the “Grand Island Independent” on December 26, 2020. Present: Leslie Ruge Pat O’Neill Darrel Nelson Jaye Monter Tony Randone Robin Hendricksen Hector Rubio Judd Allan Leonard Rainforth Greg Robb Absent: Tyler Doane Other: Staff: Chad Nabity and Norma Hernandez, Rashad Moxey Press: 1. Call to order. Chairman O’Neill called the meeting to order at 6:00 p.m. O’Neill stated that this was a public meeting subject to the open meetings laws of the State of Nebraska. He noted that the requirements for an open meeting are posted on the wall in the room and easily accessible to anyone who may be interested in reading them. O’Neill also noted the Planning Commission may vote to go into Closed Session on any agenda item as allowed by State Law. The Commission will discuss and may take action on any item listed on this agenda. The order of items on the agenda may be reorganized by the Chair to facilitate the flow Grand Island Regular Meeting - 2/10/2021 Page 7 / 30 of the meeting to better accommodate the public. 2. Minutes of the December 2, 2020 meeting. A motion was made by Robb and second by Rubio to approve the minutes of the December 2, 2020 meeting. The motion carried with ten members voting in favor (O’Neill, Ruge, Monter, Rainforth, Robb, Nelson, Allan, Randone, Hendricksen and Rubio) and no one present voting no or abstaining. 3. Request Time to Speak. Brad Dobesh – 4209 Utah Ave – Item #8 Coree Sattley – 4234 Utah Ave – Item # 8 Roger Bullington – 3935 Westgate Rd – Item #7 Amos Anson – 4234 Arizona – Item #7 Brenda Piper – 4258 Utah Ave – Item #8 Michael Lingeman – 4264 Nevada – Item#8 The following requested time to speak during discussion: 4. Public Hearing – Consideration of a Site Specific Redevelopment Plan for Cairo Business Park Second Subdivision Cairo – Public Hearing concerning an amendment to the redevelopment plan for a blighted area in Cairo on property located within the Cairo Business Park Second Subdivision. Located south of One-R Road and west of 130th Road. The request calls for commercial and industrial development of lots 3-18 of the Cairo Business Park Second Subdivision. (C-07-2021C) O’Neill opened the public hearing. Nabity stated the amendment was sent by the Cairo Redevelopment Authority. It is anticipated that this property would continue to be used for commercial and industrial. The project is consistent with the existing zoning and the future land use plan for this area within the Village of Cairo. The intent of the plan is to use Tax Increment Financing on each lot as it is sold and developed. O’Neill closed the public hearing. A motion was made by Monter and second by Allan to approve the Site Specific Plan for Cairo Business Park Second Subdivision and resolution 2021-02. The motion was carried with ten members voting in favor (O’Neill, Nelson, Allan, Ruge, Robb, Monter, Rainforth, Rubio, Hendricksen, Randone) with no members voting no. Grand Island Regular Meeting - 2/10/2021 Page 8 / 30 5. Public Hearing – Readoption of the Doniphan Zoning Ordinance – Doniphan - Public Hearing to re-adopt the Village of Doniphan Zoning Ordinance, with proposed changes. (C-08-2021D) O’Neill opened the public hearing. Nabity stated the Village of Doniphan the requested that planning department staff and the Regional Planning Commission review the Doniphan Zoning regulations. Specifically allowing residential uses in commercial zoning districts. Nabity went on to explain the changes proposed to the Village of Doniphan Zoning Ordinance. O’Neill closed the public hearing. A motion was made by Randone and second by Rubio to approve the readoption of Doniphan Zoning Ordinance as presented. The motion was carried with nine members voting in favor (Ruge, Allan, Monter, Robb, Rubio, Hendricksen, Randone, Nelson and Rainforth) with one member (O’Neill) voting no. 6. Public Hearing – Readoption of the Doniphan Zoning Map – Doniphan – Public Hearing to re-adopt the Village of Doniphan Zoning Map as produced using the Hall County Geographic Information System. (C-08-2021D) O’Neill opened the public hearing. Nabity explained that the map included all annexations and zoning changes that have been approved since May 2005 incorporating those changes in to the new map. Staff is recommending that one additional change be made to the westerly portion of Crane View 3rd Subdivision, rezoning that property so that all of the lot as it is currently platted is HC Highway Commercial Zone. O’Neill closed the public hearing. A motion was made by Nelson and second by Hendricksen to approve the readoption of the Village of Doniphan Zoning Map as produced using the Hall County Geographic Information System. The motion was carried with ten members voting in favor (O’Neill, Ruge, Nelson, Monter, Robb, Rubio, Randone, Allan, Hendricksen and Rainforth) with no members voting no. Grand Island Regular Meeting - 2/10/2021 Page 9 / 30 7. Public Hearing – Change of Zoning – Grand Island – Public Hearing to consider a change of zoning from B2 General Business and TA Transition Agriculture within GCO Gateway Corridor Overlay District to ME Manufacturing Estates within a GCO Gateway Corridor Overlay District for Lot 1 of Lewis Acres Subdivision located east of U.S. Highway 281 and south of Wildwood Road in Grand Island. O’Neill opened the public hearing. Nabity stated the property is located on the southeast corner of Highway 281 and Wildwood Road in Grand Island. The request is to change zoning from B2 General Business and TA Transitional Agriculture within a GCO Gateway Corridor Overlay District to ME Manufacturing Estates within a GCO Gateway Corridor Overlay District. As part of the district it is recommended that only the RD Residential Development, CD-Commercial Development and ME Manufacturing Estates Zones be considered for undeveloped property within these corridors. Nabity went on to say it is consistent with the comprehensive plan and consistent with the intent Gateway Corridor Overlay Zone and recommends approval. O’Neill closed the public hearing. A motion was made by Robb and second by Randone to approve the change of zoning from B2 General Business and TA Transitional Agriculture within a GCO Gateway Corridor Overlay District to ME Manufacturing Estates within a GCO Gateway Corridor Overlay District for Lot 1 of Lewis Acres Subdivision. The motion was carried with ten members voting in favor (O’Neill, Ruge, Nelson, Monter, Robb, Rubio, Randone, Allan, Hendricksen and Rainforth) with no members voting no. 8. Public Hearing Change of Zoning –Grand Island – Public Hearing to consider a change of zoning from RO Residential Office to R3- Medium Density Residential, R3-SL Medium Density Residential Small Lot and B2 General Business for property located west of Independence Ave and south of Nebraska Highway 2. (C-09-2021GI) O’Neill opened the public hearing. Nabity stated the property is currently zoned as RO-Residential Office and was planned for mixed-use commercial developments due to the proximity to a major highway. Nabity went on to explain that as the property sits today a variety of commercial uses is allowed and retail is limited to medial uses. He also noted that the current zoning would allow for residential uses with no limits on density. Nabity stated, the request is to rezone the property with some limited commercial B2 General Business located in northeast corner near Highway 2 - , R3-SL Medium Density Residential Small Lot, located in the middle of the property and R3- Medium Density Residential, located at the south of the property backing onto the existing residential houses. Nabity noted that Grand Island Regular Meeting - 2/10/2021 Page 10 / 30 the changes will change the density from allowing the developer to build as many units with the only limitation being parking stalls to allowing for only 1 dwelling per 3000 sq ft. (lot size). He stated that the developer intends on developing these the lots that back onto existing houses with 1400-1500 sq ft homes and there will be roughly 3 lots developed for every 2 lots located on Utah Ave. Nabity mentions that this would allow for a lower density of housed compared to what can be built with today’s zoning and that the change from RO to R# would protect the existing houses and provide a buffer from the more intense and dense development to the north. He also express the importance of more density allow the highway as it can buffer noise from traffic and the railroad track. Brad Dobesh – 4209 Utah – Mr. Dobesh explained his issues with the project are water issues, drainage issues and increased traffic. Mr. Dobesh is also opposes the convenience store. Brenda Piper – 4258 Utah Ave - Mrs. Piper explained her concerns. Mrs. Piper that the increase of traffic could cause issues. Coree Sattley – 4234 Utah Ave – Mrs. Sattley stated she agrees with drainage issues but has seen the proposed plan and talked to the developer. Mrs. Sattley says she feels that the developer has plans for the drainage issues and is confident that the issues will be addressed. Mrs. Sattley is in support of the zoning change. Michael Lingeman – 4264 Nevada – Mr. Lingman asked where the drainage would be put in. Chairman O’Neill explained that the water would have to drain out to Hwy 2 to drain out to the west. Mr. Lingman showed the Planning Commission members a picture taken April 4th of all the water on the field. Mr. Lingman asked if all the water would drain to the north. Mr. Lingman felt that the water would not go anywhere but to the south and believes that it is going to cause problems. Amos Anson – 4234 Arizona Ave. – Mr. Anson mentioned he invited everyone in the area to attend an informational meeting he held at the Chocolate Bar. Mr. Anson went on to explain his plans for the project. O’Neill closed the public hearing. A motion was made by Randone and second by Rainforth to approve the change of zoning from RO Residential Office to R3- Medium Density Residential, R3-SL Medium Density Residential Small Lot and B2 General Business for property located west of Independence Ave and south of Nebraska Highway 2. The motion was carried with ten members voting in favor (O’Neill, Ruge, Nelson, Monter, Robb, Rubio, Randone, Allan, Hendricksen and Rainforth) with no members voting no. 9. Preliminary and Final Plat – Highland North Subdivision- Grand Island- Located west Grand Island Regular Meeting - 2/10/2021 Page 11 / 30 of Independence Avenue and south of Nebraska Highway 2 in the City of Grand Island. Nabity stated the preliminary and final plat for Highland North Subdivision will be moved to the February meeting. Next Meeting February 3, 2021 O’Neill adjourned the meeting at 7:13 p.m. ___________________________________________ Leslie Ruge, Secretary By Norma Hernandez Grand Island Regular Meeting - 2/10/2021 Page 12 / 30 Community Redevelopment Authority (CRA) Wednesday, February 10, 2021 Regular Meeting Item C1 Financial Report Staff Contact: Grand Island Regular Meeting - 2/10/2021 Page 13 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED CONSOLIDATED Beginning Cash 462,060 677,632 REVENUE: Property Taxes - CRA 30,723 61,159 504,203 443,044 12.13% Property Taxes - Lincoln Pool 11,868 23,523 195,805 172,282 12.01% Property Taxes -TIF's 430,768 775,080 4,858,000 4,147,951 15.95% Loan Income (Poplar Street Water Line) - - 20,000 20,000 0.00% Interest Income - CRA 148 1,320 10,000 8,680 13.20% Interest Income - TIF'S - - - - Land Sales - - - - #DIV/0! Other Revenue - CRA 483 1,669 200,000 198,331 0.83% Other Revenue - TIF's - - - - TOTAL REVENUE 473,991 862,752 5,788,008 4,990,287 14.91% TOTAL RESOURCES 936,051 862,752 6,465,640 4,990,287 EXPENSES Auditing & Accounting - - 3,000 3,000 0.00% Legal Services - - 3,000 3,000 0.00% Consulting Services - - 5,000 5,000 0.00% Contract Services 3,958 17,951 75,000 57,049 23.93% Printing & Binding - - 1,000 1,000 0.00% Other Professional Services 6,529 10,567 16,000 5,433 66.04% General Liability Insurance - - 250 250 0.00% Postage - - 200 200 0.00% Legal Notices 16 64 500 436 12.74% Travel & Training - - 4,000 4,000 0.00% Other Expenditures - - - - Office Supplies - 184 1,000 816 18.40% Supplies - - 300 300 0.00% Land - - 30,000 30,000 Bond Principal - Lincoln Pool - 185,000 185,000 - 100.00% Bond Interest - 6,328 10,805 4,478 58.56% Fiscal Agent Fees/Bond Costs - - - - Husker Harvest Days - 200,000 200,000 - 100.00% Façade Improvement - - 200,000 200,000 0.00% Building Improvement - 250 670,000 669,750 0.04% Other Projects 3,000 200,000 197,000 1.50% Bond Principal-TIF's - 329,444 4,857,800 4,528,356 6.78% Bond Interest-TIF's - - - - Interest Expense - - - - TOTAL EXPENSES 10,503 752,787 6,462,855 5,710,068 11.65% INCREASE(DECREASE) IN CASH 463,488 109,965 (674,847) ENDING CASH 925,548 109,965 2,785 - CRA CASH 475,916 Lincoln Pool Tax Income Balance (3,434) TIF CASH 453,067 Total Cash 925,548 COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 Grand Island Regular Meeting - 2/10/2021 Page 14 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 GENERAL OPERATIONS: Property Taxes - CRA 30,723 61,159 504,203 443,044 12.13% Property Taxes - Lincoln Pool 11,868 23,523 195,805 172,282 12.01% Interest Income 148 1,320 10,000 8,680 13.20% Loan Income (Poplar Street Water Line) - 20,000 20,000 0.00% Land Sales - - - #DIV/0! Other Revenue & Motor Vehicle Tax 483 1,669 200,000 198,331 0.83% TOTAL 43,223 87,672 930,008 842,336 9.43% WALNUT HOUSING PROJECT Property Taxes - - Interest Income - - Other Revenue - - - TOTAL - - - - GIRARD VET CLINIC Property Taxes 5,298 - TOTAL - 5,298 - - GEDDES ST APTS-PROCON Property Taxes - - TOTAL - - - - SOUTHEAST CROSSING Property Taxes 5,692 5,692 - TOTAL 5,692 5,692 - - POPLAR STREET WATER Property Taxes 924 - TOTAL - 924 - - CASEY'S @ FIVE POINTS Property Taxes - - TOTAL - - - - SOUTH POINTE HOTEL PROJECT Property Taxes - - TOTAL - - - - TODD ENCK PROJECT Property Taxes - - TOTAL - - - - JOHN SCHULTE CONSTRUCTION Property Taxes - - TOTAL - - - - PHARMACY PROPERTIES INC Property Taxes - - TOTAL - - - - KEN-RAY LLC Property Taxes - - TOTAL - - - - Grand Island Regular Meeting - 2/10/2021 Page 15 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 TOKEN PROPERTIES RUBY Property Taxes - - TOTAL - - - - GORDMAN GRAND ISLAND Property Taxes 35,714 - TOTAL - 35,714 - - BAKER DEVELOPMENT INC Property Taxes 1,906 - TOTAL - 1,906 - - STRATFORD PLAZA INC Property Taxes - - TOTAL - - - - COPPER CREEK 2013 HOUSES Property Taxes 15,499 - TOTAL - 15,499 - - FUTURE TIF'S Property Taxes - 4,858,000 4,858,000 TOTAL - - 4,858,000 4,858,000 CHIEF INDUSTRIES AURORA COOP Property Taxes - - TOTAL - - - - TOKEN PROPERTIES KIMBALL ST Property Taxes - - TOTAL - - - - GI HABITAT OF HUMANITY Property Taxes - - TOTAL - - - - AUTO ONE INC Property Taxes - - TOTAL - - - - EIG GRAND ISLAND Property Taxes - - TOTAL - - - - TOKEN PROPERTIES CARY ST Property Taxes - - TOTAL - - - - Grand Island Regular Meeting - 2/10/2021 Page 16 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 WENN HOUSING PROJECT Property Taxes 2,336 (2,336) TOTAL - 2,336 - (2,336) COPPER CREEK 2014 HOUSES Property Taxes 7,933 52,683 (52,683) TOTAL 7,933 52,683 - (52,683) TC ENCK BUILDERS Property Taxes - - TOTAL - - - - SUPER MARKET DEVELOPERS Property Taxes - - TOTAL - - - - MAINSTAY SUITES Property Taxes - - TOTAL - - - - TOWER 217 Property Taxes - - TOTAL - - - - COPPER CREEK 2015 HOUSES Property Taxes 6,184 36,125 - (36,125) TOTAL 6,184 36,125 - (36,125) NORTHWEST COMMONS Property Taxes 195,189 195,189 - (195,189) TOTAL 195,189 195,189 - (195,189) HABITAT - 8TH & SUPERIOR Property Taxes - - TOTAL - - - - KAUFMAN BUILDING Property Taxes - - TOTAL - - - - TALON APARTMENTS Property Taxes 95,270 95,270 (95,270) TOTAL 95,270 95,270 - (95,270) VICTORY PLACE Property Taxes - - TOTAL - - - - THINK SMART Property Taxes 6,427 6,427 (6,427) TOTAL 6,427 6,427 - (6,427) Grand Island Regular Meeting - 2/10/2021 Page 17 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 BOSSELMAN HQ Property Taxes - - TOTAL - - - - TALON APARTMENTS 2017 Property Taxes 107,449 107,449 (107,449) TOTAL 107,449 107,449 - (107,449) WEINRICH DEVELOPMENT Property Taxes - - TOTAL - - - - WING WILLIAMSONS Property Taxes - - TOTAL - - - - HATCHERY HOLDINGS Property Taxes - - TOTAL - - - - FEDERATION LABOR TEMPLE Property Taxes 3,519 (3,519) TOTAL - 3,519 - (3,519) MIDDLETON PROPERTIES II Property Taxes - - TOTAL - - - - COPPER CREEK 2016 HOUSES Property Taxes 3,826 24,639 (24,639) TOTAL 3,826 24,639 - (24,639) MENDEZ ENTERPRISES LLC PHASE 1 Property Taxes 72 (72) TOTAL - 72 - (72) EAST PARK ON STUHR Property Taxes - - TOTAL - - - - TAKE FLIGHT INVESTMENTS Property Taxes 5,683 (5,683) TOTAL - 5,683 - (5,683) PRATARIA VENTURES HOSPITAL Property Taxes 172,859 (172,859) TOTAL - 172,859 - (172,859) AMMUNITION PLANT Property Taxes - - TOTAL - - - - URBAN ISLAND LLC Property Taxes - - TOTAL - - - - Grand Island Regular Meeting - 2/10/2021 Page 18 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 PEACEFUL ROOT Property Taxes 5,000 (5,000) TOTAL - 5,000 - (5,000) TALON 2019 LOOKBACK Property Taxes 2,798 2,798 (2,798) TOTAL 2,798 2,798 - (2,798) TOTAL REVENUE 473,991 862,752 5,788,008 5,413,931 14.91% - - Grand Island Regular Meeting - 2/10/2021 Page 19 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 EXPENSES CRA GENERAL OPERATIONS: Auditing & Accounting - 3,000 3,000 0.00% Legal Services - 3,000 3,000 0.00% Consulting Services - 5,000 5,000 0.00% Contract Services 3,958 17,951 75,000 57,049 23.93% Printing & Binding - 1,000 1,000 0.00% Other Professional Services 6,529 10,567 16,000 5,433 66.04% General Liability Insurance - 250 250 0.00% Postage - 200 200 0.00% Legal Notices 16 64 500 436 12.74% Travel & Training - 4,000 4,000 0.00% Other Expenditures - - - Office Supplies 184 1,000 816 18.40% Supplies - 300 300 0.00% Land - 30,000 30,000 Bond Principal - Lincoln Pool 185,000 185,000 - 100.00% Bond Interest - Lincoln Pool 6,328 10,805 4,478 58.56% Fiscal Agent Fees/Bond Costs - - - #DIV/0! PROJECTS Husker Harvest Days 200,000 200,000 - 100.00% Façade Improvement - 200,000 200,000 0.00% Building Improvement 3,250 670,000 666,750 0.00% Other Projects - 200,000 200,000 0.00% TOTAL CRA EXPENSES 10,503 423,343 1,605,055 1,181,712 26.38% WALNUT HOUSING PROJECT Bond Principal - - - Bond Interest - - - TOTAL - - - - GIRARD VET CLINIC Bond Principal 5,298 - - TOTAL - 5,298 - - GEDDES ST APTS - PROCON Bond Principal - - - TOTAL - - - - SOUTHEAST CROSSINGS Bond Principal - - - TOTAL - - - - POPLAR STREET WATER Bond Principal 924 - - TOTAL - 924 - - CASEY'S @ FIVE POINTS Bond Principal - - - TOTAL - - - - Grand Island Regular Meeting - 2/10/2021 Page 20 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 SOUTH POINTE HOTEL PROJECT Bond Principal - - - TOTAL - - - - TODD ENCK PROJECT Bond Principal - - - TOTAL - - - - JOHN SCHULTE CONSTRUCTION Bond Principal - - - TOTAL - - - - PHARMACY PROPERTIES INC Bond Principal - - - TOTAL - - - - KEN-RAY LLC Bond Principal - - - TOTAL - - - - TOKEN PROPERTIES RUBY Bond Principal - - - TOTAL - - - - GORDMAN GRAND ISLAND Bond Principal 35,714 - - TOTAL - 35,714 - - BAKER DEVELOPMENT INC Bond Principal 1,906 - - TOTAL - 1,906 - - STRATFORD PLAZA LLC Bond Principal - - - TOTAL - - - - COPPER CREEK 2013 HOUSES Bond Principal 13,667 - - TOTAL - 13,667 - - CHIEF INDUSTRIES AURORA COOP Bond Principal - - - TOTAL - - - - TOKEN PROPERTIES KIMBALL STREET Bond Principal - - - TOTAL - - - - GI HABITAT FOR HUMANITY Bond Principal - - - TOTAL - - - - Grand Island Regular Meeting - 2/10/2021 Page 21 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 AUTO ONE INC Bond Principal - - - TOTAL - - - - EIG GRAND ISLAND Bond Principal - - - TOTAL - - - - TOKEN PROPERTIES CARY STREET Bond Principal - - - TOTAL - - - - WENN HOUSING PROJECT Bond Principal 2,336 - - TOTAL - 2,336 - - COPPER CREEK 2014 HOUSES Bond Principal 40,445 - - TOTAL - 40,445 - - TC ENCK BUILDERS Bond Principal - - - TOTAL - - - - SUPER MARKET DEVELOPERS Bond Principal - - - TOTAL - - - - MAINSTAY SUITES Bond Principal - - - TOTAL - - - - TOWER 217 Bond Principal - - - TOTAL - - - - COPPER CREEK 2015 HOUSES Bond Principal 28,311 - - TOTAL - 28,311 - NORTHWEST COMMONS Bond Principal - - - TOTAL - - - HABITAT - 8TH & SUPERIOR Bond Principal - - - TOTAL - - - KAUFMAN BUILDING Bond Principal - - - TOTAL - - - Grand Island Regular Meeting - 2/10/2021 Page 22 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 TALON APARTMENTS Bond Principal - - - TOTAL - - - VICTORY PLACE Bond Principal - - - TOTAL - - - FUTURE TIF'S Bond Principal - 4,857,800 4,857,800 TOTAL - - 4,857,800 4,857,800 THINK SMART Bond Principal - - - TOTAL - - - BOSSELMAN HQ Bond Principal - - - TOTAL - - - TALON APARTMENTS 2017 Bond Principal - - - TOTAL - - - WEINRICH DEVELOPMENT Bond Principal - - - TOTAL - - - WING WILLIAMSONS Bond Principal - - - TOTAL - - - HATCHERY HOLDINGS Bond Principal - - - TOTAL - - - FEDERATION LABOR TEMPLE Bond Principal 3,519 - - TOTAL - 3,519 - MIDDLETON PROPERTIES II Bond Principal - - - TOTAL - - - COPPER CREEK 2016 HOUSES Bond Principal 18,782 - - TOTAL - 18,782 - EAST PARK ON STUHR Bond Principal - - - TOTAL - - - TAKE FLIGHT INVESTMENTS Bond Principal 5,683 - - TOTAL - 5,683 - Grand Island Regular Meeting - 2/10/2021 Page 23 / 30 MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET January-21 YEAR TO DATE BUDGET BALANCE USED COMMUNITY REDEVELOPMENT AUTHORITY FOR THE MONTH OF JANUARY 2021 PRATARIA VENTURES HOSPITAL Bond Principal 172,859 - - TOTAL - 172,859 - AMMUNITION PLANT Bond Principal - - - TOTAL - - - URBAN ISLAND LLC Bond Principal - - - TOTAL - - - PEACEFUL ROOT Bond Principal - - - TOTAL - - - TOTAL EXPENSES 10,503 752,787 6,462,855 6,039,512 11.65% Grand Island Regular Meeting - 2/10/2021 Page 24 / 30 Community Redevelopment Authority (CRA) Wednesday, February 10, 2021 Regular Meeting Item D1 Bills Staff Contact: Grand Island Regular Meeting - 2/10/2021 Page 25 / 30 Grand Island Regular Meeting - 2/10/2021 Page 26 / 30 Community Redevelopment Authority (CRA) Wednesday, February 10, 2021 Regular Meeting Item E1 Committed Projects and CRA Properties Staff Contact: Grand Island Regular Meeting - 2/10/2021 Page 27 / 30 COMMITTED PROJECTS REMAINING GRANT AMOUNT 2021 FISCAL YR 2022 FISCAL YR 2023 FISCAL YR ESTIMATED COMP GI Vets Home (Other Grants) $ 265,000.00 $ 265,000.00 Spring 2021 Railside Business Improvement District (11/18/20) $ 17,000.00 $ 17,000.00 Winter 2021 Southeast Commons 1201 S Locust (12/9/20) $ 100,000.00 $ 100,000.00 Summer 2021 Rise Properties 119 W 3rd (12/9/20) $ 59,477.00 $ 59,477.00 Summer 2021 Total Committed $ 441,477.00 $ 441,477.00 $ - $ - FIRE & LIFE SAFETY GRANT TOTAL AMOUNT 2021 FISCAL YR 2022 FISCAL YR 2023 FISCAL YR ESTIMATED COMP 201-203 W. 3rd St. Anson (8-24-16) $ 310,000.00 $ 310,000.00 Spring 2022 Peaceful Root 217 N Locust (9/18/19) $ 70,000.00 $ 70,000.00 Fall 2021 Rawr Holdings 110 W 2nd (12/12/18) $ 35,000.00 $ 35,000.00 Winter 2022 Total Committed F&L Safety Grant $ 415,000.00 $ 415,000.00 $ - $ - BUDGET 2021 2021 LEFT Façade Budgeted 2021 $ 200,000.00 $ 159,477.00 $ 40,523.00 Other Projects Budgeted 2021 $ 200,000.00 $ 17,000.00 $ 183,000.00 Land - Budgeted 2021 $ 30,000.00 $ - $ 30,000.00 Land Sales Budgeted 2021 $ - $ - $ - subtotal $ 176,477.00 $ 253,523.00 Balance $ 176,477.00 $ 253,523.00 BUDGET PAID LEFT Building Improvements * $ 670,000.00 $ 250.00 $ 669,750.00 *Includes Life Safety, Façade, Other grants made in previous fiscal years CRA PROPERTIES Address Purchase Price Purchase Date Demo Cost Status 3235 S Locust (Desert Rose)$450,000 4/2/2010 $39,764 Surplus January 31, 2021 Grand Island Regular Meeting - 2/10/2021 Page 28 / 30 Community Redevelopment Authority (CRA) Wednesday, February 10, 2021 Regular Meeting Item X1 Request from Equity Investment Group to sell property at 3440 W. State Street (Chipotle/Fire House Subs) Staff Contact: Grand Island Regular Meeting - 2/10/2021 Page 29 / 30 Grand IslandRegular Meeting - 2/10/2021Page 30 / 30