05-18-2022 Community Redevelopment Authority Regular Meeting Packet
Community Redevelopment
Authority (CRA)
Wednesday, May 18, 2022
Regular Meeting Packet
Board Members:
Tom Gdowski - Chairman
Jim Truell - Vice Chairman
Sue Pirnie
Bart Qualsett
Krae Dutoit
4:00 PM
Grand Island Regular Meeting - 5/18/2022 Page 1 / 25
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 - 5/18/2022 Page 2 / 25
Community Redevelopment
Authority (CRA)
Wednesday, May 18, 2022
Regular Meeting
Item A1
Agenda - May 18, 2022 Meeting
Staff Contact:
Grand Island Regular Meeting - 5/18/2022 Page 3 / 25
Grand Island Regular Meeting - 5/18/2022 Page 4 / 25
Community Redevelopment
Authority (CRA)
Wednesday, May 18, 2022
Regular Meeting
Item B1
Minutes - April 13, 2022 Meeting
Staff Contact:
Grand Island Regular Meeting - 5/18/2022 Page 5 / 25
OFFICIAL PROCEEDINGS
MINUTES OF
COMMUNITY REDEVELOPMENT AUTHORITY
MEETING OF
April 13, 2022
Pursuant to due call and notice thereof, a Meeting of the Community Redevelopment Authority of
the City of Grand Island, Nebraska was conducted on April 13, 2022 at City Hall, 100 E. First
Street. Notice of the meeting was given in the April 6, 2022 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, Jim Truell, Bart Qualsett and Sue Pirnie. Also present were:
Council Member Mark Stelk, Director Chad Nabity, Planning Administrative Norma
Hernandez, Finance Director Pat Brown and Assistant Finance Director Brian Schultz.
2.APPROVAL OF MINUTES.
A motion for approval of the Minutes for the March 9, 2022 meeting was made by Truell
and second Qualsett by. Upon roll call vote, all present voted aye.
Motion carried 4-0
3.APPROVAL OF FINANCIAL REPORTS.
Financial reports were reviewed by Brian Schultz. A motion for approval of financials for
March 2022 made by Qualsett and second by Pirnie. Upon roll call vote, all present voted
aye. Motion carried 4-0.
4.APPROVAL OF BILLS
A motion was made by Truell and second by Pirnie to approve the bills for
$10,588.91. Upon roll call vote, all present voted aye. Motion carried 4-0.
5.REVIEW OF COMMITED PROJECTS & CRA PROPERTY.
The committed projects and CRA projects were reviewed by Nabity.
CBV – Plans for bases was submitted to public works.
Rawr Holdings – Need a W-9
South Locust property – still available
6.Approval of Redevelopment Contract and Bond Resolution for Area 1 –
Nikodym Development – Super Bowl Site north of Bismark and east of
Cherry – JNIK, LLC.
a.Consideration of Resolution 387 – Bond Resolution for the former Super
Bowl Site 655 S. Cherry Street and 1010 E. Bismark Road Lot 1 of
Grand Island Regular Meeting - 5/18/2022 Page 6 / 25
Nikodym Subdivision and Lot 1 of Nikodym Second Subdivision –
JNIK LLC.
John Nikodym gave an updated and stated the demolition is almost complete and
making good progress. Nabity stated the contract is standard and anticipates
multiple starting dates.
A motion was made by Qualsett and second by Truell to approve Resolution 387.
Upon roll call vote, all present voted aye. Motion carried 4-0.
7.Approval of Redevelopment Contract CRA Area 1 – 313 W. 2nd Street – Left
Click Properties
a.Consideration of Resolution 388 – Bond Resolution for 313 W. 2nd
Street W 1/3 of Lot 2 Block 81 Grand Island Original Town – Left Click
Properties
A motion was made by Pirnie and second by Truell to approve Resolution 388.
Upon roll call vote, all present voted. 3 voted aye (Truell, Pirnie and Qualsett) and
1 abstain (Gdowski). Motion carried 3-1.
8.Approval of Redevelopment Contract CRA Area 36 – Highland North
Subdivision Platted and Proposed, Independence Avenue and Nebraska
Highway 2 – A & H Holdings
a.Consideration of Resolution 389 – Bond Resolution for Highland North
Subdivision Platted and Proposed, Independence Avenue and Nebraska
Highway 2 – A & H Holdings
Nabity stated the project is a multi-year project. The development will include 142
units of housing and some commercial/office property. The tax increment
financing requests calls for 14.6 million dollars. The use of Tax Increment
Financing to aid in redevelopment expenses associated with platting and installing
the necessary infrastructure and public amenities.
A motion was made by Pirnie and second by Qualsett to approve Bond Resolution
389. Upon roll call vote, all present voted aye. Motion carried 4-0.
9.Redevelopment Plan Amendment CRA Area 36 – Northwest Gateway
Subdivision Lots 10, 11and 12 (4157, 4161, and 4163 Montana Avenue) –
Paramount Development LLC
Grand Island Regular Meeting - 5/18/2022 Page 7 / 25
a.Consideration of Resolution 390 – Forward a Redevelopment Plan
Amendment to the Hall County Regional Planning Commission
Northwest Gateway Subdivision Lots 10, 11 and 12 (4157, 4161 and
4163 Montana Avenue) – Paramount Development LLC
b.Consideration of Resolution 391 – Resolution of Intent of enter into a
Site Specific Redevelopment Contract and Approval of related actions
30-day notice to city council Northwest Gateway Subdivision Lots 10,
11 and 12 (4157, 4161 and 4163 Montana Avenue) – Paramount
Development LLC
Nabity stated property is located south of Highway 2. The request for
$263,000 in Tax Increment Financing to aid in redevelopment expenses
associated with building 3 duplexes including acquisition, fill and grading,
sidewalks and utility improvements.
A motion was made by Qualsett and second by Pirnie to approve Resolution
390 and Resolution 391. Upon roll call vote, all present voted. 3 -aye
(Qualsett, Pirnie and Truell) and 1- abstained (Gdowski) -
Motion carried 3-1
10. Director’s Report
Veteran’s Home Property – the sale is ready to move forward and close within
90 days.
May 1st – TIF Report – Deadline for annual TIF Report. Will be sent out to
everyone before the end of April.
Other Projects – Planning Commission hired Marvin Planning Consultants to
update the Comprehensive Plan for the city and county. A kick off meeting is
tentatively scheduled for June 8th no time has been decided yet.
June meeting will be moved to June 15th
11. Adjournment 4:25 p.m.
Next meeting Wednesday, May 18, 2022 at 4 p.m.
Respectfully Submitted,
Norma Hernandez
Grand Island Regular Meeting - 5/18/2022 Page 8 / 25
Grand Island Regular Meeting - 5/18/2022 Page 9 / 25
Community Redevelopment
Authority (CRA)
Wednesday, May 18, 2022
Regular Meeting
Item C1
April 2022 Financials
Staff Contact:
Grand Island Regular Meeting - 5/18/2022 Page 10 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
CONSOLIDATED
Beginning Cash 341,930 548,785
REVENUE:
Property Taxes - CRA 45,037 162,689 524,191 361,502 31.04%
Property Taxes - Lincoln Pool 8,410 34,592 196,818 162,226 17.58%
Property Taxes -TIF's 200,121 1,299,085 5,400,000 4,681,156 24.06%
Loan Income (Poplar Street Water Line) - 2,923 20,000 17,077 14.62%
Interest Income - CRA 73 907 10,000 9,093 9.07%
Interest Income - TIF'S - - - -
Land Sales - - - - #DIV/0!
Other Revenue - CRA 966 1,800 200,000 198,200 0.90%
Other Revenue - TIF's - - - -
TOTAL REVENUE 254,607 1,501,995 6,351,009 5,429,255 23.65%
TOTAL RESOURCES 596,537 1,501,995 6,899,794 5,429,255
EXPENSES
Auditing & Accounting - - 3,000 3,000 0.00%
Legal Services - 60 3,000 2,940 2.00%
Consulting Services - - 5,000 5,000 0.00%
Contract Services 6,864 46,425 75,000 28,575 61.90%
Printing & Binding - - 1,000 1,000 0.00%
Other Professional Services - 10,392 16,000 5,608 64.95%
General Liability Insurance - - 250 250 0.00%
Postage - - 250 250 0.00%
Legal Notices - 124 500 376 24.79%
Travel & Training - 35 4,000 3,965 0.88%
Other Expenditures - - - -
Office Supplies - - 1,000 1,000 0.00%
Supplies - - 300 300 0.00%
Land - - 30,000 30,000
Bond Principal - Lincoln Pool - 190,000 190,000 - 100.00%
Bond Interest - 4,478 6,818 2,340 65.68%
Fiscal Agent Fees/Bond Costs - 525 - -
Husker Harvest Days - 200,000 200,000 - 100.00%
Façade Improvement - - 250,000 250,000 0.00%
Building Improvement - 135,000 500,000 365,000 27.00%
Other Projects - - 200,000 200,000 0.00%
Bond Principal-TIF's - 1,080,285 5,400,000 4,319,715 20.01%
Bond Interest-TIF's - - - -
Interest Expense - - - -
TOTAL EXPENSES 6,864 1,667,324 6,886,118 5,219,318 24.21%
INCREASE(DECREASE) IN CASH 247,743 (165,329) (535,109)
ENDING CASH 589,673 (165,329) 13,677 -
CRA CASH 381,514
Lincoln Pool Tax Income Balance (11,218)
TIF CASH 219,377
Total Cash 589,673
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
Grand Island Regular Meeting - 5/18/2022 Page 11 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
GENERAL OPERATIONS:
Property Taxes - CRA 45,037 162,689 524,191 361,502 31.04%
Property Taxes - Lincoln Pool 8,410 34,592 196,818 162,226 17.58%
Interest Income 73 907 10,000 9,093 9.07%
Loan Income (Poplar Street Water Line) 2,923 20,000 17,077 14.62%
Land Sales - - - #DIV/0!
Other Revenue & Motor Vehicle Tax 966 1,800 200,000 198,200 0.90%
TOTAL 54,486 202,910 951,009 748,099 21.34%
GIRARD VET CLINIC
Property Taxes 11,300 -
TOTAL - 11,300 - -
GEDDES ST APTS-PROCON
Property Taxes 832 33,205 -
TOTAL 832 33,205 - -
SOUTHEAST CROSSING
Property Taxes - -
TOTAL - - - -
POPLAR STREET WATER
Property Taxes 1,179 3,102 -
TOTAL 1,179 3,102 - -
CASEY'S @ FIVE POINTS
Property Taxes 401 801 -
TOTAL 401 801 - -
SOUTH POINTE HOTEL PROJECT
Property Taxes 2,244 4,487 -
TOTAL 2,244 4,487 - -
TOKEN PROPERTIES RUBY
Property Taxes 81 163 -
TOTAL 81 163 - -
GORDMAN GRAND ISLAND
Property Taxes 2,133 85,161 -
TOTAL 2,133 85,161 - -
BAKER DEVELOPMENT INC
Property Taxes 102 204 -
TOTAL 102 204 - -
STRATFORD PLAZA INC
Property Taxes 33,712 34,578 -
TOTAL 33,712 34,578 - -
COPPER CREEK 2013 HOUSES
Property Taxes 9,561 21,339 -
TOTAL 9,561 21,339 - -
Grand Island Regular Meeting - 5/18/2022 Page 12 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
FUTURE TIF'S
Property Taxes - 5,400,000 5,400,000
TOTAL - - 5,400,000 5,400,000
CHIEF INDUSTRIES AURORA COOP
Property Taxes 990 1,979 (1,979)
TOTAL 990 1,979 - (1,979)
TOKEN PROPERTIES KIMBALL ST
Property Taxes 80 161 (161)
TOTAL 80 161 - (161)
GI HABITAT OF HUMANITY
Property Taxes 149 299 (299)
TOTAL 149 299 - (299)
AUTO ONE INC
Property Taxes 385 15,379 (15,379)
TOTAL 385 15,379 - (15,379)
EIG GRAND ISLAND
Property Taxes 1,680 3,361 (3,361)
TOTAL 1,680 3,361 - (3,361)
TOKEN PROPERTIES CARY ST
Property Taxes 212 423 (423)
TOTAL 212 423 - (423)
WENN HOUSING PROJECT
Property Taxes 140 280 (280)
TOTAL 140 280 - (280)
COPPER CREEK 2014 HOUSES
Property Taxes 30,590 62,986 (62,986)
TOTAL 30,590 62,986 - (62,986)
TC ENCK BUILDERS
Property Taxes 93 186 (186)
TOTAL 93 186 - (186)
SUPER MARKET DEVELOPERS
Property Taxes 2,847 17,190 (17,190)
TOTAL 2,847 17,190 - (17,190)
MAINSTAY SUITES
Property Taxes 1,736 3,471 (3,471)
TOTAL 1,736 3,471 - (3,471)
TOWER 217
Property Taxes 655 26,338 (26,338)
TOTAL 655 26,338 - (26,338)
COPPER CREEK 2015 HOUSES
Property Taxes 16,838 33,299 - (33,299)
TOTAL 16,838 33,299 - (33,299)
Grand Island Regular Meeting - 5/18/2022 Page 13 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
NORTHWEST COMMONS
Property Taxes 5,645 203,196 - (203,196)
TOTAL 5,645 203,196 - (203,196)
HABITAT - 8TH & SUPERIOR
Property Taxes 313 627 (627)
TOTAL 313 627 - (627)
KAUFMAN BUILDING
Property Taxes 6,329 6,644 (6,644)
TOTAL 6,329 6,644 - (6,644)
TALON APARTMENTS
Property Taxes 2,534 97,227 (97,227)
TOTAL 2,534 97,227 - (97,227)
VICTORY PLACE
Property Taxes 246 493 (493)
TOTAL 246 493 - (493)
THINK SMART
Property Taxes 167 6,652 (6,652)
TOTAL 167 6,652 - (6,652)
BOSSELMAN HQ
Property Taxes 1,936 77,291 (77,291)
TOTAL 1,936 77,291 - (77,291)
TALON APARTMENTS 2017
Property Taxes 2,851 109,377 (109,377)
TOTAL 2,851 109,377 - (109,377)
WEINRICH DEVELOPMENT
Property Taxes 166 333 (333)
TOTAL 166 333 - (333)
WING WILLIAMSONS
Property Taxes 102 204 (204)
TOTAL 102 204 - (204)
HATCHERY HOLDINGS
Property Taxes 4,191 8,382 (8,382)
TOTAL 4,191 8,382 - (8,382)
FEDERATION LABOR TEMPLE
Property Taxes 178 356 (356)
TOTAL 178 356 - (356)
MIDDLETON PROPERTIES II
Property Taxes 384 767 (767)
TOTAL 384 767 - (767)
COPPER CREEK 2016 HOUSES
Property Taxes 10,442 19,060 (19,060)
TOTAL 10,442 19,060 - (19,060)
Grand Island Regular Meeting - 5/18/2022 Page 14 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
EAST PARK ON STUHR
Property Taxes - -
TOTAL - - - -
MENDEZ ENTERPRISES LLC PHASE 1
Property Taxes 81 492 (492)
TOTAL 81 492 - (492)
EAST PARK ON STUHR
Property Taxes 2,856 5,712 (5,712)
TOTAL 2,856 5,712 - (5,712)
TAKE FLIGHT INVESTMENTS
Property Taxes 143 8,552 (8,552)
TOTAL 143 8,552 - (8,552)
PRATARIA VENTURES HOSPITAL
Property Taxes 38,498 76,996 (76,996)
TOTAL 38,498 76,996 - (76,996)
AMMUNITION PLANT
Property Taxes - -
TOTAL - - - -
URBAN ISLAND LLC
Property Taxes 175 350 (350)
TOTAL 175 350 - (350)
PEACEFUL ROOT
Property Taxes 130 5,178 (5,178)
TOTAL 130 5,178 - (5,178)
TALON 2019 LOOKBACK
Property Taxes 76 2,897 (2,897)
TOTAL 76 2,897 - (2,897)
COPPER CREEK PH2 2019 LOOKBACK
Property Taxes 685 2,231 (2,231)
TOTAL 685 2,231 - (2,231)
GRAND ISLAND HOTEL
Property Taxes 2,816 5,632 (5,632)
TOTAL 2,816 5,632 - (5,632)
PARAMOUNT OLD SEARS
Property Taxes 197 394 (394)
TOTAL 197 394 - (394)
CENTRAL NE TRUCK WASH
Property Taxes 1,038 41,442 (41,442)
TOTAL 1,038 41,442 - (41,442)
PRATARIA VENTURES MEDICAL OFFICE
Grand Island Regular Meeting - 5/18/2022 Page 15 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
Property Taxes 5,471 218,444 (218,444)
TOTAL 5,471 218,444 - (218,444)
TALON 2020 LOOKBACK PHASE 4
Property Taxes 808 31,006 (31,006)
TOTAL 808 31,006 - (31,006)
STAROSTKA 5TH ST LOOKBACK PHASE 1
Property Taxes 336 671 (671)
TOTAL 336 671 - (671)
COPPER CREEK PHASE 2 2020 LOOKBACK
Property Taxes 1,753 3,509 (3,509)
TOTAL 1,753 3,509 - (3,509)
COPPER CREEK PHASE 3 2020 LOOKBACK
Property Taxes 436 872 (872)
TOTAL 436 872 - (872)
HEDDE BUILDING 201 W 3RD
Property Taxes 260 521 (521)
TOTAL 260 521 - (521)
RAWR HOLDINGS LLC 110 W 2ND
Property Taxes 15 30 (30)
TOTAL 15 30 - (30)
ORCHARD REDEVELOPMENT PROJECT
Property Taxes 650 1,301 (1,301)
TOTAL 650 1,301 - (1,301)
AMUR REAL ESTATE OLD WELLS FARGO
Property Taxes 607 1,214 (1,214)
TOTAL 607 1,214 - (1,214)
WALD 12 PROPERTIES LLC
Property Taxes 32 65 (65)
TOTAL 32 65 - (65)
WING PROPERTIES 112 E 3RD ST
Property Taxes 4 8 (8)
TOTAL 4 8 - (8)
WEINRICH DEVELOPMENT 408 E 2ND ST
Property Taxes 154 309 (309)
TOTAL 154 309 - (309)
O'NEILL WOOD RESOURCES
Property Taxes 4 8 (8)
TOTAL 4 8 - (8)
SOUTHEAST COMMONS - FONNERVIEW
Property Taxes 670 751 (751)
TOTAL 670 751 - (751)
Grand Island Regular Meeting - 5/18/2022 Page 16 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
PARAMOUNT 824 E 9TH ST
Property Taxes 13 25 (25)
TOTAL 13 25 - (25)
J&L WESTWARD ENTERPRISES CAAP
Property Taxes 80 159 (159)
TOTAL 80 159 - (159)
MILLER TIRE
Property Taxes 8 17 (17)
TOTAL 8 17 - (17)
TOTAL REVENUE 254,607 1,501,995 6,351,009 5,043,354 23.65%
- - -
Grand Island Regular Meeting - 5/18/2022 Page 17 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
EXPENSES
CRA
GENERAL OPERATIONS:
Auditing & Accounting - 3,000 3,000 0.00%
Legal Services 60 3,000 2,940 2.00%
Consulting Services - 5,000 5,000 0.00%
Contract Services 6,864 46,425 75,000 28,575 61.90%
Printing & Binding - 1,000 1,000 0.00%
Other Professional Services 10,392 16,000 5,608 64.95%
General Liability Insurance - 250 250 0.00%
Postage - 250 250 0.00%
Legal Notices 124 500 376 24.79%
Travel & Training 35 4,000 3,965 0.88%
Other Expenditures - -
Office Supplies - 1,000 1,000 0.00%
Supplies - 300 300 0.00%
Land - 30,000 30,000 0.00%
Bond Principal - Lincoln Pool 190,000 190,000 - 100.00%
Bond Interest - Lincoln Pool 4,478 6,818 2,340 65.68%
Fiscal Agent Fees/Bond Costs 525 - #DIV/0!
PROJECTS
Husker Harvest Days 200,000 200,000 - 100.00%
Façade Improvement - 250,000 250,000 0.00%
Building Improvement 135,000 500,000 365,000 0.00%
Other Projects - 200,000 200,000 0.00%
TOTAL CRA EXPENSES 6,864 587,039 1,486,118 899,604 39.50%
GIRARD VET CLINIC
Bond Principal 11,300 - -
TOTAL - 11,300 - -
GEDDES ST APTS - PROCON
Bond Principal 32,374 - -
TOTAL - 32,374 - -
SOUTHEAST CROSSINGS
Bond Principal - - -
TOTAL - - - -
POPLAR STREET WATER
Bond Principal 1,923 - -
TOTAL - 1,923 - -
CASEY'S @ FIVE POINTS
Bond Principal 6,945 - -
TOTAL - 6,945 - -
SOUTH POINTE HOTEL PROJECT
Bond Principal 2,244 - -
TOTAL - 2,244 - -
Grand Island Regular Meeting - 5/18/2022 Page 18 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
TOKEN PROPERTIES RUBY
Bond Principal 81 - -
TOTAL - 81 - -
GORDMAN GRAND ISLAND
Bond Principal 83,028 - -
TOTAL - 83,028 - -
BAKER DEVELOPMENT INC
Bond Principal 102 - -
TOTAL - 102 - -
STRATFORD PLAZA LLC
Bond Principal 866 - -
TOTAL - 866 - -
COPPER CREEK 2013 HOUSES
Bond Principal 11,276 - -
TOTAL - 11,276 - -
CHIEF INDUSTRIES AURORA COOP
Bond Principal 990 - -
TOTAL - 990 - -
TOKEN PROPERTIES KIMBALL STREET
Bond Principal 80 - -
TOTAL - 80 - -
GI HABITAT FOR HUMANITY
Bond Principal 149 - -
TOTAL - 149 - -
AUTO ONE INC
Bond Principal 14,994 - -
TOTAL - 14,994 - -
EIG GRAND ISLAND
Bond Principal 1,680 - -
TOTAL - 1,680 - -
TOKEN PROPERTIES CARY STREET
Bond Principal 212 - -
TOTAL - 212 - -
WENN HOUSING PROJECT
Bond Principal 140 - -
TOTAL - 140 - -
COPPER CREEK 2014 HOUSES
Bond Principal 30,998 - -
TOTAL - 30,998 - -
TC ENCK BUILDERS
Bond Principal 93 - -
TOTAL - 93 - -
Grand Island Regular Meeting - 5/18/2022 Page 19 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
SUPER MARKET DEVELOPERS
Bond Principal - - -
TOTAL - - - -
MAINSTAY SUITES
Bond Principal 1,736 - -
TOTAL - 1,736 - -
TOWER 217
Bond Principal 25,683 - -
TOTAL - 25,683 - -
COPPER CREEK 2015 HOUSES
Bond Principal 12,328 - -
TOTAL - 12,328 -
NORTHWEST COMMONS
Bond Principal 197,550 - -
TOTAL - 197,550 -
HABITAT - 8TH & SUPERIOR
Bond Principal 313 - -
TOTAL - 313 -
KAUFMAN BUILDING
Bond Principal 315 - -
TOTAL - 315 -
TALON APARTMENTS
Bond Principal 94,693 - -
TOTAL - 94,693 -
VICTORY PLACE
Bond Principal 246 - -
TOTAL - 246 -
FUTURE TIF'S
Bond Principal - 5,400,000 5,400,000
TOTAL - - 5,400,000 5,400,000
THINK SMART
Bond Principal 6,486 - -
TOTAL - 6,486 -
BOSSELMAN HQ
Bond Principal 75,356 - -
TOTAL - 75,356 -
TALON APARTMENTS 2017
Bond Principal 109,347 - -
TOTAL - 109,347 -
Grand Island Regular Meeting - 5/18/2022 Page 20 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
WEINRICH DEVELOPMENT
Bond Principal 166 - -
TOTAL - 166 -
WING WILLIAMSONS
Bond Principal 102 - -
TOTAL - 102 -
HATCHERY HOLDINGS
Bond Principal 4,191 - -
TOTAL - 4,191 -
FEDERATION LABOR TEMPLE
Bond Principal 178 - -
TOTAL - 178 -
MIDDLETON PROPERTIES II
Bond Principal 384 - -
TOTAL - 384 -
COPPER CREEK 2016 HOUSES
Bond Principal 8,618 - -
TOTAL - 8,618 -
EAST PARK ON STUHR
Bond Principal 2,856 - -
TOTAL - 2,856 -
TAKE FLIGHT INVESTMENTS
Bond Principal 8,408 - -
TOTAL - 8,408 -
PRATARIA VENTURES HOSPITAL
Bond Principal 245,999 - -
TOTAL - 245,999 -
AMMUNITION PLANT
Bond Principal - - -
TOTAL - - -
URBAN ISLAND LLC
Bond Principal 175 - -
TOTAL - 175 -
PEACEFUL ROOT
Bond Principal 5,048 - -
TOTAL - 5,048 -
TALON 2019 LOOKBACK
Bond Principal - - -
TOTAL - - -
COPPER CREEK PH2 2019 LOOKBACK
Bond Principal 1,546 - -
TOTAL - 1,546 -
Grand Island Regular Meeting - 5/18/2022 Page 21 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
GRAND ISLAND HOTEL
Bond Principal 2,816 - -
TOTAL - 2,816 -
PARAMOUNT OLD SEARS
Bond Principal 197 - -
TOTAL - 197 -
CENTRAL NE TRUCK WASH
Bond Principal 40,404 - -
TOTAL - 40,404 -
PRATARIA VENTURES MEDICAL OFFICE
Bond Principal 5,471 - -
TOTAL - 5,471 -
TALON 2020 LOOKBACK PHASE 4
Bond Principal 30,198 - -
TOTAL - 30,198 -
STAROSTKA 5TH ST LOOKBACK PHASE 1
Bond Principal - - -
TOTAL - - -
COPPER CREEK PHASE 2 2020 LOOKBACK
Bond Principal - - -
TOTAL - - -
COPPER CREEK PHASE 3 2020 LOOKBACK
Bond Principal - - -
TOTAL - - -
HEDDE BUILDING 201 W 3RD
Bond Principal - - -
TOTAL - - -
RAWR HOLDINGS LLC 110 W 2ND ST
Bond Principal - - -
TOTAL - - -
ORCHARD REDEVELOPMENT PROJECT
Bond Principal - - -
TOTAL - - -
AMUR REAL ESTATE OLD WELLS FARGO
Bond Principal - - -
TOTAL - - -
WALD 12 PROPERTIES LLC OLD GREENB
Bond Principal - - -
TOTAL - - -
WING PROPERTIES 112 2 3RD ST
Bond Principal - - -
Grand Island Regular Meeting - 5/18/2022 Page 22 / 25
MONTH ENDED 2021-2022 2022 REMAINING % OF BUDGET
April-22 YEAR TO DATE BUDGET BALANCE USED
COMMUNITY REDEVELOPMENT AUTHORITY
FOR THE MONTH OF MARCH 2022
TOTAL - - -
WEINRICH DEVELOPMENT 408 E 2ND ST
Bond Principal - - -
TOTAL - - -
O'NEILL WOOD RESOURCES
Bond Principal - - -
TOTAL - - -
SOUTHEAST COMMONS - FONNERVIEW
Bond Principal - - -
TOTAL - - -
PARAMOUNT 824 E 9TH ST
Bond Principal - - -
TOTAL - - -
J&L WESTWARD ENTERPRISES CAAP
Bond Principal - - -
TOTAL - - -
MILLER TIRE
Bond Principal - - -
TOTAL - - -
TOTAL EXPENSES 6,864 1,667,324 6,886,118 6,299,604 24.21%
Grand Island Regular Meeting - 5/18/2022 Page 23 / 25
Community Redevelopment
Authority (CRA)
Wednesday, May 18, 2022
Regular Meeting
Item E1
April 2022 Committed Projects
Staff Contact:
Grand Island Regular Meeting - 5/18/2022 Page 24 / 25
COMMITTED PROJECTS REMAINING
GRANT
AMOUNT
2022 FISCAL YR 2023 FISCAL YR 2024 FISCAL YR ESTIMATED
COMP
Danny Oberg - 321 E 4th St (10/25/21) $ 43,810.00 $ 43,810.00 Summer 2022
Brandon Flodman - 313 W 2nd St $ 59,783.00 $ 59,783.00 Summer 2022
Azure Investment - 223 W 3rd St (10/25/21) $ 88,000.00 $ 88,000.00 Summer 2022
Take Flight - 213 W 3rd St (10/25/21) $ 49,000.00 $ 49,000.00 Summer 2022
Dave Parmely - 208 N Locust St (10/13/21) $ 13,920.00 $ 13,920.00 Summer 2022
Hall County CVB - Statue Bases (03/09/22) $ 10,000.00 $ 10,000.00 Fall 2022
Total Committed $ 264,513.00 $ 264,513.00 $ - $ -
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) $ 260,000.00 $ 260,000.00 Fall 2022
Azure Investment Group (5-12-21) $ 70,000.00 $ 70,000.00 Spring 2022
Rawr Holdings 110 W 2nd (12/12/18) $ 35,000.00 $ 35,000.00 Fall 2022
Total Committed F&L Safety Grant $ 365,000.00 $ 365,000.00 $ - $ -
BUDGET 2022 2022 LEFT
Façade Budgeted 2022 $ 250,000.00 $ 250,000.00 $ -
Other Projects Budgeted 2022 $ 200,000.00 $ 14,513.00 $ 185,487.00
Land - Budgeted 2022 $ 30,000.00 $ - $ 30,000.00
Land Sales Budgeted 2022 $ - $ - $ -
subtotal $ 264,513.00 $ 215,487.00
Balance $ 264,513.00 $ 215,487.00
BUDGET PAID LEFT
Building Improvements * $ 500,000.00 $ 135,000.00 $ 365,000.00
*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
April 30, 2022
Grand Island Regular Meeting - 5/18/2022 Page 25 / 25