07-14-2021 Community Redevelopment Authority Regular Meeting Packet
Community Redevelopment
Authority (CRA)
Wednesday, July 14, 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 - 7/14/2021 Page 1 / 50
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, July 14, 2021
Regular Meeting
Item A1
Agenda 7/14/21
Staff Contact:
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Grand Island Regular Meeting - 7/14/2021 Page 5 / 50
COMMUNITY REDEVELOPMENT AUTHORITY
AGENDA MEMORANDUM
4 p.m. Wednesday, July 14, 2021
2. APPROVAL OF MINUTES. The minutes of the Community Redevelopment
Authority meeting June 9, 2021 are submitted for approval. A MOTION is in order.
3. APPROVAL OF FINANCIAL REPORTS. Financial reports for the period of June 1
through June 30, 2021 are submitted for approval. A MOTION is in order.
4. APPROVAL OF BILLS. Payment of bills in the amount of $460,172.85 is submitted
for approval. It is possible that a new schedule of bill will be sent out prior to the
meeting. A MOTION is in order.
5. REVIEW OF COMMITTED PROJECTS AND CRA PROPERTIES.
6. OTHER GRANTS REQUEST The Hall County Hero Flight Association, has
requested for $50,000 from other projects to support the development of a
state Veteran’s Cemetery at Capital Avenue and Webb Road. This money
will be used as part of the 10% match for the 7.5 million dollar project.
Hopefully with development along the west side of this property and
development at the veteran’s home site by White Lotus Group we will see
some interest in development of the piece in the middle.
7. OTHER GRANTS REQUEST Jay Vavricek with 40 North Tap and Grille is
requesting up to $5,000 for building improvements to the 40 North building
for installation of No Touch apparatus on the patio door at 40 North. This is
not a typical grant but the CRA has granted funds to the YMCA for the fence
around their playground and to St. Stephen’s annex for an elevator.
8. CONSIDERATION OF APPROVAL OF CONTRACT AMENDMENT 2
WITH H.E.L.P FOUNDATION to amend the reimbursement section of the
contract for the Veteran’s Home Project relative to the release of funds
provided by the State of Nebraska. We are currently holding the balance of
fund
9. DIRECTOR’S REPORT.
Budget Discussion: The proposed budget shows the expected starting cash if we
pay out all of the committed projects except the three life safety projects along
with the grants under consideration today. The building improvements line item is
reserved for committed projects within the other projects, façade improvements
and life safety grants that have not yet been paid out. There are three main areas
that encompass most of our program spending: Land Purchases, Façade
Improvements and Other Projects. Those three areas are in red on the proposed
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budget and the numbers there can be changed to reflect the priorities of the board.
The current numbers are suggestions based on past experience.
10. ADJOURNMENT
Chad Nabity
Director
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Community Redevelopment
Authority (CRA)
Wednesday, July 14, 2021
Regular Meeting
Item B1
Meeting Minutes 6/9/21
Staff Contact:
Grand Island Regular Meeting - 7/14/2021 Page 8 / 50
OFFICIAL PROCEEDINGS
MINUTES OF
COMMUNITY REDEVELOPMENT AUTHORITY
MEETING OF
June 9, 2021
Pursuant to due call and notice thereof, a Meeting of the Community Redevelopment Authority of
the City of Grand Island, Nebraska was conducted on June 9, 2021 at City Hall, 100 E. First
Street. Notice of the meeting was given in the June 2, 2021 Grand Island Independent.
1. CALL TO ORDER.
Chairman Gdowski called the meeting to order at 4:00 p.m. The following members were
present: Tom Gdowski, Bart Qualsett, Sue Pirnie, Krae Dutoit and Jim Truell. Also
present were: Director Chad Nabity, Planning Administrative Assistant Norma Hernandez,
City Administrator Jerry Janulewicz, Finance Director Patrick Brown and Assistant
Finance Director Brian Schultz and Councilman Vaugh Minton.
2. APPROVAL OF MINUTES.
A motion for approval of the Minutes for the May 12, 2021 was made by Truell and
seconded by Dutoit. Upon roll call vote, all present voted aye. Motion carried 5-0
3. APPROVAL OF FINANCIAL REPORTS.
Brian Shultz reviewed the financial reports. A motion was made by Dutoit and seconded
by Truell to approve the financials from May 1– May 31, 2021. Upon roll call vote, all
present voted aye. Motion carried 5-0.
4. APPROVAL OF BILLS.
A motion was made by Pirnie and second by Qualsett to approve the bills for
$1,794,277.32. Upon roll call vote, all present voted aye. Motion carried 5-0.
5. REVIEW OF COMMITTED PROJECTS & CRA PROPERTY.
The committed projects and CRA properties were reviewed by Nabity.
1868 Foundation – Request for proposals for on the State Fair masterplan went out June
1stand expecting to have them back by July 1st with a decision on a firm by August 1st.
Carnegie Library-
GI Veterans Home – $110,000 expenses since last year.
Façade Projects –
South East Commons – is coming along
Rise Properties - will completed soon.
Carnegie Library
Life Safety Grants –
Hedde Building – Will update in August
Rawr Holdings – No update
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Azure Investments – Getting started
6. Redevelopment Plan Amendment CRA Area 2 – Bosselman – 1607 S. Locust
a. Consideration of Resolution 357 – Approve resolution and contract
amendment for a project S. 1607 S. Locust Street, Lot One of Fonner
Fourth Subdivision – Bosselman Real Estate LLC.
Nabity stated the redevelopment contract amendment is changing it per the
redevelopment plan that council approved.
A motion was made by Truell and second by Dutoit to approve Resolution 357.
Upon roll call vote all, voted aye. Motion carried 5-0
7. Redevelopment Contract CRA Area 6 – Ebc Obermiller LLC (Miller Tire) –
722 N. Eddy
a. Consideration of Resolution 358 – Approve a resolution and contract
for a project a 722 N. Eddy, Lots 1, 2 and 3 Block 14 of H.G. Clarks
Addition to the City of Grand Island – Ebc Obermiller LLC.
A motion was made by Dutoit and second by Pirnie to approve Resolution 358.
Upon roll call vote all, voted aye. Motion carried 5-0
8. Consideration of Approval of Sale of Kaufman Building from T&S
Development L.L.C. (Tom and Sue Pirnie) to EBMT Properties L.L.C. (Jim
Pirnie)
Nabity explained that Tom and Sue are transferring the Kaufman Building
property to their son Jim and per the TIF contract the sale needs to be approved
by the CRA.
A motion was made by Truel and second by Dutoit to approve the sale. Upon roll
call vote all, Truell, Dutoit, Qualsett and Gdowski voted aye, Pirnie Abstained.
Motion carried 4-0-1
9. Director’s Report
Began discussion of budget. CRA members were in favor of leaving the levee at the
same level as this year. More discussion will follow.
Adjournment at 4:36 P.M.
Next meeting 4:00 P.M July 14, 2021
Respectfully Submitted,
Norma Hernandez
Administrative Assistant
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Community Redevelopment
Authority (CRA)
Wednesday, July 14, 2021
Regular Meeting
Item C1
CRA June 2021 Financials
Staff Contact:
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MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
CONSOLIDATED
Beginning Cash 2,583,048 677,632
REVENUE:
Property Taxes - CRA 32,015 357,306 504,203 146,897 70.87%
Property Taxes - Lincoln Pool 10,693 120,089 195,805 75,716 61.33%
Property Taxes -TIF's 139,129 2,818,998 4,858,000 2,477,277 58.03%
Loan Income (Poplar Street Water Line) - - 20,000 20,000 0.00%
Interest Income - CRA 362 2,540 10,000 7,460 25.40%
Interest Income - TIF'S - - - -
Land Sales - - - - #DIV/0!
Other Revenue - CRA 9,682 12,599 200,000 187,401 6.30%
Other Revenue - TIF's - - - -
TOTAL REVENUE 191,881 3,311,533 5,788,008 2,914,751 57.21%
TOTAL RESOURCES 2,774,929 3,311,533 6,465,640 2,914,751
EXPENSES
Auditing & Accounting - - 3,000 3,000 0.00%
Legal Services 16 16 3,000 2,984 0.54%
Consulting Services - - 5,000 5,000 0.00%
Contract Services 4,088 41,518 75,000 33,482 55.36%
Printing & Binding - - 1,000 1,000 0.00%
Other Professional Services - 10,567 16,000 5,433 66.04%
General Liability Insurance - - 250 250 0.00%
Postage - - 200 200 0.00%
Legal Notices - 79 500 421 15.89%
Travel & Training - - 4,000 4,000 0.00%
Other Expenditures - - - -
Office Supplies 65 249 1,000 751 24.89%
Supplies - - 300 300 0.00%
Land - - 30,000 30,000
Bond Principal - Lincoln Pool - 185,000 185,000 - 100.00%
Bond Interest 4,478 10,805 10,805 - 100.00%
Fiscal Agent Fees/Bond Costs - 525 - -
Husker Harvest Days - 200,000 200,000 - 100.00%
Façade Improvement - - 200,000 200,000 0.00%
Building Improvement - 15,736 670,000 654,264 2.35%
Other Projects 3,000 200,000 197,000 1.50%
Bond Principal-TIF's 1,784,949 2,678,167 4,857,800 2,179,633 55.13%
Bond Interest-TIF's - - - -
Interest Expense - - - -
TOTAL EXPENSES 1,793,595 3,145,662 6,462,855 3,317,718 48.67%
INCREASE(DECREASE) IN CASH (1,601,714) 165,871 (674,847)
ENDING CASH 981,334 165,871 2,785 -
CRA CASH 744,536
Lincoln Pool Tax Income Balance 88,654
TIF CASH 148,143
Total Cash 981,334
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
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MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
GENERAL OPERATIONS:
Property Taxes - CRA 32,015 357,306 504,203 146,897 70.87%
Property Taxes - Lincoln Pool 10,693 120,089 195,805 75,716 61.33%
Interest Income 362 2,540 10,000 7,460 25.40%
Loan Income (Poplar Street Water Line) - 20,000 20,000 0.00%
Land Sales - - - #DIV/0!
Other Revenue & Motor Vehicle Tax 9,682 12,599 200,000 187,401 6.30%
TOTAL 52,753 492,535 930,008 437,473 52.96%
WALNUT HOUSING PROJECT
Property Taxes - -
Interest Income - -
Other Revenue - - -
TOTAL - - - -
GIRARD VET CLINIC
Property Taxes 5,213 11,025 -
TOTAL 5,213 11,025 - -
GEDDES ST APTS-PROCON
Property Taxes 17,622 -
TOTAL - 17,622 - -
SOUTHEAST CROSSING
Property Taxes 1,667 10,539 -
TOTAL 1,667 10,539 - -
POPLAR STREET WATER
Property Taxes 558 11,164 -
TOTAL 558 11,164 - -
CASEY'S @ FIVE POINTS
Property Taxes 7,629 -
TOTAL - 7,629 - -
SOUTH POINTE HOTEL PROJECT
Property Taxes 47,537 -
TOTAL - 47,537 - -
TODD ENCK PROJECT
Property Taxes - -
TOTAL - - - -
JOHN SCHULTE CONSTRUCTION
Property Taxes 3,483 3,842 -
TOTAL 3,483 3,842 - -
PHARMACY PROPERTIES INC
Property Taxes (500) 6,870 -
TOTAL (500) 6,870 - -
KEN-RAY LLC
Property Taxes - -
TOTAL - - - -
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MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
TOKEN PROPERTIES RUBY
Property Taxes 1,683 -
TOTAL - 1,683 - -
GORDMAN GRAND ISLAND
Property Taxes 80,907 -
TOTAL - 80,907 - -
BAKER DEVELOPMENT INC
Property Taxes 4,065 -
TOTAL - 4,065 - -
STRATFORD PLAZA INC
Property Taxes 18,350 -
TOTAL - 18,350 - -
COPPER CREEK 2013 HOUSES
Property Taxes 17,763 79,198 -
TOTAL 17,763 79,198 - -
FUTURE TIF'S
Property Taxes - 4,858,000 4,858,000
TOTAL - - 4,858,000 4,858,000
CHIEF INDUSTRIES AURORA COOP
Property Taxes 19,087 20,968 (20,968)
TOTAL 19,087 20,968 - (20,968)
TOKEN PROPERTIES KIMBALL ST
Property Taxes 1,592 (1,592)
TOTAL - 1,592 - (1,592)
GI HABITAT OF HUMANITY
Property Taxes 3,118 (3,118)
TOTAL - 3,118 - (3,118)
AUTO ONE INC
Property Taxes 7,429 8,162 (8,162)
TOTAL 7,429 8,162 - (8,162)
EIG GRAND ISLAND
Property Taxes 36,653 (36,653)
TOTAL - 36,653 - (36,653)
TOKEN PROPERTIES CARY ST
Property Taxes 4,445 (4,445)
TOTAL - 4,445 - (4,445)
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MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
WENN HOUSING PROJECT
Property Taxes 4,956 (4,956)
TOTAL - 4,956 - (4,956)
COPPER CREEK 2014 HOUSES
Property Taxes 49,393 273,499 (273,499)
TOTAL 49,393 273,499 - (273,499)
TC ENCK BUILDERS
Property Taxes 1,959 (1,959)
TOTAL - 1,959 - (1,959)
SUPER MARKET DEVELOPERS
Property Taxes 65,787 (65,787)
TOTAL - 65,787 - (65,787)
MAINSTAY SUITES
Property Taxes 36,775 (36,775)
TOTAL - 36,775 - (36,775)
TOWER 217
Property Taxes 1,240 (1,240)
TOTAL - 1,240 - (1,240)
COPPER CREEK 2015 HOUSES
Property Taxes 24,972 190,776 - (190,776)
TOTAL 24,972 190,776 - (190,776)
NORTHWEST COMMONS
Property Taxes 212,556 - (212,556)
TOTAL - 212,556 - (212,556)
HABITAT - 8TH & SUPERIOR
Property Taxes 6,301 (6,301)
TOTAL - 6,301 - (6,301)
KAUFMAN BUILDING
Property Taxes 6,720 (6,720)
TOTAL - 6,720 - (6,720)
TALON APARTMENTS
Property Taxes 100,154 (100,154)
TOTAL - 100,154 - (100,154)
VICTORY PLACE
Property Taxes 4,965 (4,965)
TOTAL - 4,965 - (4,965)
THINK SMART
Property Taxes 6,744 (6,744)
TOTAL - 6,744 - (6,744)
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MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
BOSSELMAN HQ
Property Taxes 81,653 (81,653)
TOTAL - 81,653 - (81,653)
TALON APARTMENTS 2017
Property Taxes 112,989 (112,989)
TOTAL - 112,989 - (112,989)
WEINRICH DEVELOPMENT
Property Taxes 3,526 (3,526)
TOTAL - 3,526 - (3,526)
WING WILLIAMSONS
Property Taxes 1,465 (1,465)
TOTAL - 1,465 - (1,465)
HATCHERY HOLDINGS
Property Taxes 88,798 (88,798)
TOTAL - 88,798 - (88,798)
FEDERATION LABOR TEMPLE
Property Taxes 7,319 (7,319)
TOTAL - 7,319 - (7,319)
MIDDLETON PROPERTIES II
Property Taxes 7,914 (7,914)
TOTAL - 7,914 - (7,914)
COPPER CREEK 2016 HOUSES
Property Taxes 10,064 125,179 (125,179)
TOTAL 10,064 125,179 - (125,179)
MENDEZ ENTERPRISES LLC PHASE 1
Property Taxes 306 (306)
TOTAL - 306 - (306)
EAST PARK ON STUHR
Property Taxes 60,510 (60,510)
TOTAL - 60,510 - (60,510)
TAKE FLIGHT INVESTMENTS
Property Taxes 5,957 (5,957)
TOTAL - 5,957 - (5,957)
PRATARIA VENTURES HOSPITAL
Property Taxes 969,258 (969,258)
TOTAL - 969,258 - (969,258)
AMMUNITION PLANT
Property Taxes - -
TOTAL - - - -
URBAN ISLAND LLC
Property Taxes 1,949 (1,949)
TOTAL - 1,949 - (1,949)
Grand Island Regular Meeting - 7/14/2021 Page 16 / 50
MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
PEACEFUL ROOT
Property Taxes 5,240 (5,240)
TOTAL - 5,240 - (5,240)
TALON 2019 LOOKBACK
Property Taxes 2,942 (2,942)
TOTAL - 2,942 - (2,942)
COPPER CREEK PH2 2019 LOOKBACK
Property Taxes 3,837 (3,837)
TOTAL - 3,837 - (3,837)
GRAND ISLAND HOTEL
Property Taxes 29,647 (29,647)
TOTAL - 29,647 - (29,647)
PARAMOUNT OLD SEARS
Property Taxes 716 (716)
TOTAL - 716 - (716)
CENTRAL NE TRUCK WASH
Property Taxes 21,993 (21,993)
TOTAL - 21,993 - (21,993)
TOTAL REVENUE 191,881 3,311,533 5,788,008 4,432,681 57.21%
- -
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MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
EXPENSES
CRA
GENERAL OPERATIONS:
Auditing & Accounting - 3,000 3,000 0.00%
Legal Services 16 16 3,000 2,984 0.54%
Consulting Services - 5,000 5,000 0.00%
Contract Services 4,088 41,518 75,000 33,482 55.36%
Printing & Binding - 1,000 1,000 0.00%
Other Professional Services 10,567 16,000 5,433 66.04%
General Liability Insurance - 250 250 0.00%
Postage - 200 200 0.00%
Legal Notices 79 500 421 15.89%
Travel & Training - 4,000 4,000 0.00%
Other Expenditures - - -
Office Supplies 65 249 1,000 751 24.89%
Supplies - 300 300 0.00%
Land - 30,000 30,000
Bond Principal - Lincoln Pool 185,000 185,000 - 100.00%
Bond Interest - Lincoln Pool 4,478 10,805 10,805 - 100.00%
Fiscal Agent Fees/Bond Costs 525 - - #DIV/0!
PROJECTS
Husker Harvest Days 200,000 200,000 - 100.00%
Façade Improvement - 200,000 200,000 0.00%
Building Improvement 18,736 670,000 651,264 0.00%
Other Projects - 200,000 200,000 0.00%
TOTAL CRA EXPENSES 8,647 467,496 1,605,055 1,138,084 29.13%
WALNUT HOUSING PROJECT
Bond Principal - - -
Bond Interest - - -
TOTAL - - - -
GIRARD VET CLINIC
Bond Principal 514 5,812 - -
TOTAL 514 5,812 - -
GEDDES ST APTS - PROCON
Bond Principal 17,622 17,622 - -
TOTAL 17,622 17,622 - -
SOUTHEAST CROSSINGS
Bond Principal 3,180 8,872 - -
TOTAL 3,180 8,872 - -
POPLAR STREET WATER
Bond Principal 9,682 10,606 - -
TOTAL 9,682 10,606 - -
CASEY'S @ FIVE POINTS
Bond Principal 7,629 7,629 - -
TOTAL 7,629 7,629 - -
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MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
SOUTH POINTE HOTEL PROJECT
Bond Principal 47,537 47,537 - -
TOTAL 47,537 47,537 - -
TODD ENCK PROJECT
Bond Principal - - -
TOTAL - - - -
JOHN SCHULTE CONSTRUCTION
Bond Principal 198 198 - -
TOTAL 198 198 - -
PHARMACY PROPERTIES INC
Bond Principal 6,870 6,870 - -
TOTAL 6,870 6,870 - -
KEN-RAY LLC
Bond Principal - - -
TOTAL - - - -
TOKEN PROPERTIES RUBY
Bond Principal 1,683 1,683 - -
TOTAL 1,683 1,683 - -
GORDMAN GRAND ISLAND
Bond Principal 45,193 80,907 - -
TOTAL 45,193 80,907 - -
BAKER DEVELOPMENT INC
Bond Principal 2,159 4,065 - -
TOTAL 2,159 4,065 - -
STRATFORD PLAZA LLC
Bond Principal 18,350 18,350 - -
TOTAL 18,350 18,350 - -
COPPER CREEK 2013 HOUSES
Bond Principal 45,937 61,435 - -
TOTAL 45,937 61,435 - -
CHIEF INDUSTRIES AURORA COOP
Bond Principal 1,881 1,881 - -
TOTAL 1,881 1,881 - -
TOKEN PROPERTIES KIMBALL STREET
Bond Principal 1,592 1,592 - -
TOTAL 1,592 1,592 - -
GI HABITAT FOR HUMANITY
Bond Principal 3,118 3,118 - -
TOTAL 3,118 3,118 - -
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MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
AUTO ONE INC
Bond Principal 732 732 - -
TOTAL 732 732 - -
EIG GRAND ISLAND
Bond Principal 36,653 36,653 - -
TOTAL 36,653 36,653 - -
TOKEN PROPERTIES CARY STREET
Bond Principal 4,445 4,445 - -
TOTAL 4,445 4,445 - -
WENN HOUSING PROJECT
Bond Principal 2,620 4,956 - -
TOTAL 2,620 4,956 - -
COPPER CREEK 2014 HOUSES
Bond Principal 171,423 224,106 - -
TOTAL 171,423 224,106 - -
TC ENCK BUILDERS
Bond Principal 1,959 1,959 - -
TOTAL 1,959 1,959 - -
SUPER MARKET DEVELOPERS
Bond Principal 65,787 65,787 - -
TOTAL 65,787 65,787 - -
MAINSTAY SUITES
Bond Principal 36,775 36,775 - -
TOTAL 36,775 36,775 - -
TOWER 217
Bond Principal 1,240 1,240 - -
TOTAL 1,240 1,240 - -
COPPER CREEK 2015 HOUSES
Bond Principal 129,680 165,804 - -
TOTAL 129,680 165,804 -
NORTHWEST COMMONS
Bond Principal 17,368 212,556 - -
TOTAL 17,368 212,556 -
HABITAT - 8TH & SUPERIOR
Bond Principal 6,301 6,301 - -
TOTAL 6,301 6,301 -
KAUFMAN BUILDING
Bond Principal 6,720 6,720 - -
TOTAL 6,720 6,720 -
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MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
TALON APARTMENTS
Bond Principal 4,885 100,154 - -
TOTAL 4,885 100,154 -
VICTORY PLACE
Bond Principal 4,965 7,764 - -
TOTAL 4,965 7,764 -
FUTURE TIF'S
Bond Principal - 4,857,800 4,857,800
TOTAL - - 4,857,800 4,857,800
THINK SMART
Bond Principal 317 6,744 - -
TOTAL 317 6,744 -
BOSSELMAN HQ
Bond Principal 1,917 81,653 - -
TOTAL 1,917 81,653 -
TALON APARTMENTS 2017
Bond Principal 2,929 113,133 - -
TOTAL 2,929 113,133 -
WEINRICH DEVELOPMENT
Bond Principal 3,526 3,526 - -
TOTAL 3,526 3,526 -
WING WILLIAMSONS
Bond Principal 1,465 1,465 - -
TOTAL 1,465 1,465 -
HATCHERY HOLDINGS
Bond Principal 88,798 88,798 - -
TOTAL 88,798 88,798 -
FEDERATION LABOR TEMPLE
Bond Principal 3,780 7,299 - -
TOTAL 3,780 7,299 -
MIDDLETON PROPERTIES II
Bond Principal 7,914 7,914 - -
TOTAL 7,914 7,914 -
COPPER CREEK 2016 HOUSES
Bond Principal 90,477 115,116 - -
TOTAL 90,477 115,116 -
EAST PARK ON STUHR
Bond Principal 60,510 60,510 - -
TOTAL 60,510 60,510 -
TAKE FLIGHT INVESTMENTS
Bond Principal 273 5,957 - -
TOTAL 273 5,957 -
Grand Island Regular Meeting - 7/14/2021 Page 21 / 50
MONTH ENDED 2020-2021 2021 REMAINING % OF BUDGET
June-21 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF JUNE 2021
PRATARIA VENTURES HOSPITAL
Bond Principal 760,678 969,258 - -
TOTAL 760,678 969,258 -
AMMUNITION PLANT
Bond Principal - - -
TOTAL - - -
URBAN ISLAND LLC
Bond Principal 1,949 1,949 - -
TOTAL 1,949 1,949 -
PEACEFUL ROOT
Bond Principal 240 5,240 - -
TOTAL 240 5,240 -
TALON 2019 LOOKBACK
Bond Principal - - -
TOTAL - - -
COPPER CREEK PH2 2019 LOOKBACK
Bond Principal 3,837 3,837 - -
TOTAL 3,837 3,837 -
GRAND ISLAND HOTEL
Bond Principal 29,647 29,647 - -
TOTAL 29,647 29,647 -
PARAMOUNT OLD SEARS
Bond Principal - - -
TOTAL - - -
CENTRAL NE TRUCK WASH
Bond Principal 21,993 21,993 - -
TOTAL 21,993 21,993 -
TOTAL EXPENSES 1,793,595 3,145,662 6,462,855 5,995,884 48.67%
Grand Island Regular Meeting - 7/14/2021 Page 22 / 50
Community Redevelopment
Authority (CRA)
Wednesday, July 14, 2021
Regular Meeting
Item D1
Bills July 2021
Staff Contact:
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Community Redevelopment
Authority (CRA)
Wednesday, July 14, 2021
Regular Meeting
Item E1
Review of Committed Projects and CRA Properties
Staff Contact:
Grand Island Regular Meeting - 7/14/2021 Page 25 / 50
COMMITTED PROJECTS REMAINING
GRANT
AMOUNT
2021 FISCAL YR 2022 FISCAL YR 2023 FISCAL YR ESTIMATED
COMP
1868 Foundation (3/10/21) $ 50,000.00 $ 50,000.00
Carnegie Library (4/14/21) $ 85,000.00 $ 85,000.00
GI Vets Home (Other Grants) $ 255,000.00 $ 255,000.00 Spring 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 $ 549,477.00 $ 549,477.00 $ - $ -
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
Azure Investment Group (5-12-21) $ 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 $ 199,977.00 $ 23.00
Other Projects Budgeted 2021 $ 200,000.00 $ 111,500.00 $ 88,500.00
Land - Budgeted 2021 $ 30,000.00 $ - $ 30,000.00
Land Sales Budgeted 2021 $ - $ - $ -
subtotal $ 311,477.00 $ 118,523.00
Balance $ 311,477.00 $ 118,523.00
BUDGET PAID LEFT
Building Improvements * $ 670,000.00 $ 15,736.05 $ 654,263.95
*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
June 30, 2021
Grand Island Regular Meeting - 7/14/2021 Page 26 / 50
Community Redevelopment
Authority (CRA)
Wednesday, July 14, 2021
Regular Meeting
Item G1
Hall County Hero Flight Association Request
Staff Contact:
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Community Redevelopment
Authority (CRA)
Wednesday, July 14, 2021
Regular Meeting
Item G2
40 North Tap and Grille Request
Staff Contact:
Grand Island Regular Meeting - 7/14/2021 Page 40 / 50
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Community Redevelopment
Authority (CRA)
Wednesday, July 14, 2021
Regular Meeting
Item I1
Consideration of Redevelopment Contract Amendment 2 with
H.E.L.P. Foundation to amend the reimbursement section of the
contract
Staff Contact:
Grand Island Regular Meeting - 7/14/2021 Page 46 / 50
Liberty Campus
SECOND REDEVELOPMENT CONTRACT AMENDMENT
This Second Redevelopment Contract Amendment is made and entered into as of the
_______day of ___________, 2021, by and between the Community Redevelopment Authority
of the City of Grand Island, Nebraska ("Authority"), and H.E.L.P. Foundation of Omaha, Inc., a
Nebraska charitable corporation ("Redeveloper").
WITNESSETH:
WHEREAS, the Authority and Redeveloper entered into a Redevelopment Contract
(“Redevelopment Contract”) dated the 20th day of June, 2020, a copy of which is attached hereto
as Exhibit “A” and is incorporated herein by this reference;
WHEREAS, the Authority and Redeveloper wish to amend provisions of the
Redevelopment Contract to revise the date of Closing and to reduce the amount of funds
provided by the state of Nebraska to the Authority and the amount of funds provided from the
Authority to the Redeveloper;
NOW, THEREFORE, in consideration of the mutual covenants and agreements herein set
forth, Authority and Redeveloper do hereby covenant, agree and bind themselves as follows:
Section 1.01 The Redevelopment Contract is incorporated herein.
Redevelopment Contract (“Redevelopment Contract”) dated the 20th day of June, 2020, a
copy of which is attached hereto as Exhibit “A” and is incorporated herein by this reference as
though fully set forth.
Section 2.01 Revision of Section 3.02 of the Redevelopment Contract.
Section 3.02 of the Redevelopment Contract is revised to read as follows:
The parties recognize that the redevelopment project undertaken by the Redeveloper
requires substantial capital investment. The Authority shall provide financial assistance to the
Redeveloper in an amount, not to exceed $360,000 for the following categories of expenditures
to maintain the Redevelopment Area during the planning and predevelopment phase of the
redevelopment project, to wit:
Property and liability insurance
Lawn mowing
Site management
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Liberty Campus
At Closing, Authority shall advance the sum of $105,000 (being a portion of the aforementioned
$ 360,000) which shall be allocated by the Redeveloper to the foregoing categories. Thereafter,
Authority shall pay the Redeveloper on a quarterly basis for expenditures by the Redeveloper for
such categories an amount not to exceed $70,000 with a final payment to be made in September
2021. After the Authority has expended the full sum of $360,000 for such reimbursement, all
such costs thereafter shall be borne entirely by the Redeveloper.
Section 3.01 Reaffirmation of remaining terms of Redevelopment Contract.
The Authority and Redeveloper reaffirm and all terms and conditions of the
Redevelopment Contract with the exception of the forgoing amendments.
COMMUNITY REDEVELOPMENT
AUTHORITY OF THE CITY OF
ATTEST: GRAND ISLAND, NEBRASKA
____________________________ By:________________________
Secretary Chairman
STATE OF NEBRASKA )
) SS
COUNTY OF HALL )
The foregoing instrument was acknowledged before me this ______ day of
_________2021, by ________________ and ________________, Chairman and Secretary,
respectively, of the Community Redevelopment Authority of the City of Grand Island, Nebraska,
on behalf of the Authority.
____________________________
Notary Public
Grand Island Regular Meeting - 7/14/2021 Page 48 / 50
Liberty Campus
H.E.L.P. Foundation of Omaha, Inc.
By:______________________
President
STATE OF NEBRASKA )
) SS
COUNTY OF DOUGLAS )
The foregoing instrument was acknowledged before me this ______ day of _____,2021, by
__________________________, President of H.E.L.P. Foundation of Omaha, Inc., on behalf of
the corporation.
________________________
Notary Public
Grand Island Regular Meeting - 7/14/2021 Page 49 / 50
Liberty Campus
Exhibit “A”
Redevelopment Contract
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