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03-04-2015 Regional Planning Regular Meeting Packet Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Packet Commission Members: Terry Connick Hall County Karen Bredthauer Grand Island Vice Chairperson Julie Connelly Grand Island Jerry Huismann Grand Island Mark Haskins Hall County Carla Maurer Doniphan Dean Kjar Wood River Dean Sears Grand Island Richard Heckman Cairo Pat O’Neill Hall County Chairperson Greg Robb Hall County Leslie Ruge Alda Secretary Regional Planning Director: Chad Nabity Planning Technician: Edwin Maslonka Planning Secretary: Rose Rhoads 6:00 PM Grand Island Regular Meeting - 3/4/2015 Page 1 / 48 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 - 3/4/2015 Page 2 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item A1 Agenda Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 3 / 48 REGIONAL PLANNING COMMISSION AGENDA AND NOTICE OF MEETING Wednesday, March 4, 2015 6:00 p.m. City Hall Council Chambers — Grand Island 1. Call to Order. 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 who would like to find out what those are is welcome to read through them. 2. Minutes of February 18, 2015. 3.Request Time to Speak. 4.Public Hearing - Rezone - A request to rezone property from CD Commercial Development Zone to Amended CD Commercial Development Zone, located north of State Street and east of US Hwy 281, in Grand Island, in Hall County, Nebraska. (C-07-2015GI) 5.Public Hearing - Rezone - A request to rezone property from RD Residential Development Zone & R1 Suburban Residential Zone to RD Residential Development Zone, located south of Capital Ave., and west of US Hwy 281, in the City of Grand Island, in Hall County, Nebraska. (C-08-2015GI) 6.Public Hearing - Concerning an amendment to the redevelopment plan for CRA, Area 2, for a Site Specific Redevelopment Plan for 1616 S Eddy, in Grand Island, Hall County, Nebraska. Resolution No. 2015-03. (C-09-2015GI) Consent Agenda 7.Final Plat - Sterling Estates 4th Subdivision – located south of Capital Ave and west of US Hwy 281, in the City of Grand Island, in Hall County, Nebraska, consisting of 22.65 acres and (34 Lots). 8.Preliminary Plat – Sterling Estates 6th Subdivision – located south of Capital Ave and west of US Hwy 281, in the City of Grand Island, in Hall County, Nebraska, consisting of 7.28 acres and (1Lot). Final Plat – Sterling Estates 6th Subdivision – located south of Capital Ave and west of US Hwy 281, in the City of Grand Island, in Hall County, Nebraska, consisting of 7.28 acres and (1Lot). 9.Final Plat – Bill Baasch Acres Subdivision – located north of US Hwy 34 Grand Island Regular Meeting - 3/4/2015 Page 4 / 48 and south and east of Blaine Street, in the City of Grand Island, in Hall County, Nebraska, consisting of 4.825 acres and (2 Lots). 10.Final Plat – MAC Subdivision – located north of Guenther Road and west of Alda Road, in Hall County, Nebraska, consisting of 3.355 acres and (1Lot). 11.Final Plat – Meyer Acres Subdivision – located south of Abbott Road and west of Bluff Center Road, in Hall County, Nebraska, consisting of 1.9992 acres and (1 Lot). 12.Final Plat – Steadfast Ridge Subdivision – located south of 13th Street and west of McGuire Road, in Hall County, Nebraska, consisting of 5.0547 acres and (1 Lot). 13.Next Meeting April 1, 2015 14. Adjourn PLEASE NOTE: This meeting is open to the public, and a current agenda is on file at the office of the Regional Planning Commission, located on the second floor of City Hall in Grand Island, Nebraska. Grand Island Regular Meeting - 3/4/2015 Page 5 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item E1 Meeting Minutes Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 6 / 48 THE REGIONAL PLANNING COMMISSION OF HALL COUNTY, GRAND ISLAND, WOOD RIVER AND THE VILLAGES OF ALDA, CAIRO, AND DONIPHAN, NEBRASKA Minutes for February 18, 2015 The meeting of the Regional Planning Commission was held Wednesday, February 18, 2015 in the Council Chambers - City Hall – Grand Island, Nebraska. Notice of this meeting appeared in the "Grand Island Independent" February 7, 2015. Present: Pat O’Neill Julie Connelly Karen Bredthauer Mark Haskins Les Ruge Richard Heckman Dean Sears Greg Robb Carla Maurer Absent: Jerry Huismann, Terry Connick, Dean Kjar Other: Staff:Chad Nabity, Rose Rhoads, Craig Lewis, John Collins 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. 2. Minutes of January 7, 2015 meeting. Grand Island Regular Meeting - 3/4/2015 Page 7 / 48 A motion was made by Bredthauer and seconded by Ruge to approve the Minutes of the January 7, 2015 meeting. The motion carried with 9 members present and 8 voting in favor (O’Neill, Ruge, Maurer, Heckman, Bredthauer, Haskins, Robb, Sears) and one member abstaining (Connelly). 3.Request Time to Speak. Greg Mead, 411Walnut St, Wood River, #6. 4.Public Hearing – Concerning adoption of the Grand Island 1 & 6 Year Street Improvement Plan. (C-03-2015GI) O’Neill opened the Public Hearing. John Collins, Public Works Director discussed the Grand Island 2015 Street Improvement Plan. O’Neill closed the Public Hearing. A motion was made by Bredthauer and seconded by Connelly to approve the Grand Island 1 & 6 as presented. A roll call vote was taken and the motion passed with 9 members present and 9 voting in favor (Bredthauer, Ruge, O’Neill, Maurer, Robb, Heckman, Haskins, Sears and Connelly) and no one abstaining. 5.Public Hearing - Concerning an amendment to the redevelopment plan for Downtown Upper Story Residential Life Safety Grant. (C-05-2015GI) O’Neill opened the Public Hearing. Nabity briefed the board on the redevelopment plan for the Downtown Upper Story Residential Life Safety Grant. The 2014-2015 CRA Budget included a line item of $200,000 to support the development of upper story residential development in Downtown Grand Island. Grand Island City Council and the CRA each authorized $100,000 toward this effort. The goal of this program is to encourage the development of 50 new residential units in Downtown Grand Island. The intent of this program if used and successful is to continue funding the program for 5 years through the 2019 budget year. O’Neill closed the Public Hearing. A motion was made by Bredthauer and seconded by Connelly to approve the Redevelopment Plan for Upper Story Residential Life Safety Grant and Resolution 2015-02. A roll call vote was taken and the motion passed with 9 members present and 9 voting in favor (Bredthauer, Ruge, O’Neill, Maurer, Robb, Heckman, Haskins, Sears and Connelly) and no one abstaining. Grand Island Regular Meeting - 3/4/2015 Page 8 / 48 6.Public Hearing - Concerning changes to the Wood River Zoning Ordinance to amend Article 5, Section 5.1.03 by adding the following Permitted Conditional Uses within the I-1 Light Industrial District (C-06-2015WR) (Hearing, Discussion, Action) O’Neill opened the Public Hearing. Nabity explained this is an amendment to the Zoning Ordinance for the City of Wood River and its 1 mile extra-territorial jurisdiction. Amendments to be considered pertain to the addition of: Assembly, fabrication, and processing of hazardous or combustible materials inside an enclosed building, except radioactive or biohazard materials to the Permitted Conditional Uses within the I-1 Light Industrial District Article 5, Section 5.1.03 Greg Mead, president of Mead Industries, spoke briefly about his request for the change so that he could carry out ammunition manufacturing in his existing property in the light industry zone, by conditional use permit. O’Neill closed the Public Hearing. A motion was made by Ruge and seconded by Heckman to approve the requested changes to the City of Wood River Zoning ordinance. A roll call vote was taken and the motion passed with 9 members present and 9 voting in favor (Bredthauer, Ruge, O’Neill, Maurer, Robb, Heckman, Haskins, Sears and Connelly) and no one abstaining. Consent Agenda Nabity reviewed the plats. 7.Final Plat – Hannon Subdivision – located east of Nine Bridge Road and north of Lowry Road, in Hall County, Nebraska. Consisting of (1 Lot) and 7.93 acres. 8.Final Plat – A & E Second Subdivision – located west of 70th Road and south of State Highway 2, in Hall County, Nebraska. Consisting of (2 Lots) and 12.0307 acres. 9.Vacate Regents Park Subdivision. Final Plat – Grand Island Public Schools Subdivision – located east of Adams Street and north of Stolley Park Road, in the City of Grand Island, in Hall County, Nebraska. Consisting of (1 Lot) and 30.71 acres. A motion was made by Ruge and seconded by Haskins to approve the plats as presented. A roll call vote was taken and the motion passed with 9 members present and 9 voting in favor (Bredthauer, Ruge, O’Neill, Maurer, Robb, Heckman, Haskins, Sears and Connelly) and no one abstaining. Grand Island Regular Meeting - 3/4/2015 Page 9 / 48 Connelly left the meeting at 6:43 p.m. 10.Discussion on Definitions and Zoning Matrix. There was further discussion on the definitions and zoning matrix. 11.Next Meeting March 4, 2015 12.Planning Directors Report. NPZA Conference March 11-13, 2015. 13. Adjourn Chairman Pat O’Neill adjourned the meeting at 6:52 p.m. ___________________________________________ Leslie Ruge, Secretary By Rose Rhoads Grand Island Regular Meeting - 3/4/2015 Page 10 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item F1 Rezone - Grand Island Mall 12th Subdivision Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 11 / 48 February 18, 2015 Dear Members of the Board: RE: Rezoning – A request to rezone the properties from CD Commercial Development to Amended Commercial Development in the City of Grand Island, Hall County, Nebraska. For reasons of Section 19-923 Revised Statues of Nebraska, as amended, there is herewith submitted a rezone request to the Grand Island Zoning Map from CD Commercial Development to Amended Commercial Development Zone. As shown on the enclosed map. You are hereby notified that the Regional Planning Commission will consider this zoning change at the next meeting that will be held at 6:00 p.m. on March 4, 2015 in the Council Chambers located in Grand Island's City Hall. Sincerely, Chad Nabity, AICP Planning Director cc: City Clerk City Attorney City Public Works City Building Department City Utilities This letter was sent to the following School Districts 1R, 2, 3, 19, 82, 83, 100, 126. Grand Island Regular Meeting - 3/4/2015 Page 12 / 48 Grand Island Regular Meeting - 3/4/2015 Page 13 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item F2 Rezone - Sterling Estates 6th Subdivision Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 14 / 48 February 18, 2015 Dear Members of the Board: RE: Rezoning – A request to rezone the properties from RD Residential Development Zone and R1 Suburban Residential Zone to RD Residential Zone in the City of Grand Island, Hall County, Nebraska. For reasons of Section 19-923 Revised Statues of Nebraska, as amended, there is herewith submitted a rezone request to the Grand Island Zoning Map from RD Residential Development Zone and R1 Suburban Residential Zone to RD Residential Zone. As shown on the enclosed map. You are hereby notified that the Regional Planning Commission will consider this zoning change at the next meeting that will be held at 6:00 p.m. on March 4, 2015 in the Council Chambers located in Grand Island's City Hall. Sincerely, Chad Nabity, AICP Planning Director cc: City Clerk City Attorney City Public Works City Building Department City Utilities This letter was sent to the following School Districts 1R, 2, 3, 19, 82, 83, 100, 126. Grand Island Regular Meeting - 3/4/2015 Page 15 / 48 Grand Island Regular Meeting - 3/4/2015 Page 16 / 48 Grand Island Regular Meeting - 3/4/2015 Page 17 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item F3 Amendment to Redevelopment Plan Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 18 / 48 Redevelopment Plan Amendment Grand Island CRA Area 2 February 2015 The Community Redevelopment Authority (CRA) of the City of Grand Island intends to amend the Redevelopment Plan for Area 2 within the city, pursuant to the Nebraska Community Development Law (the “Act”) and provide for the financing of a specific housing related project in Area 2. Executive Summary: Project Description THE ACQUISITION OF PROPERTY AT 1616 S. EDDY STREET AND THE SUBSEQUENT SITE WORK, UTILITY IMPROVEMENTS, ENGINEERING, LANDSCAPING AND PARKING IMPROVEMENTS NECESSARY FOR REBUILDING A DUPLEX AT THIS LOCATION. The use of Tax Increment Financing (TIF) to aid in the acquisition of property, necessary site work and installation of public utilities and utility connections necessary to develop this site. The use of TIF makes it feasible to complete the proposed project within the timeline presented. This project could not be completed without the use of TIF. The acquisition, site work and construction of all improvements will be paid for by the developer. The developer is responsible for and has provided evidence that they can secure adequate debt financing to cover the costs associated with the acquisition, site work and remodeling. The Grand Island Community Redevelopment Authority (CRA) intends to pledge the ad valorem taxes generated over the 15 year period beginning January 1, 2016 towards the allowable costs and associated financing for the acquisition and site work. TAX INCREMENT FINANCING TO PAY FOR THE ACQUISTION OF THE PROPERTY AND RELATED SITE WORK WILL COME FROM THE FOLLOWING REAL PROPERTY: Property Description (the “Redevelopment Project Area”) This property is located north of Delta Street west of Eddy Street in south central Grand Island, the attached map identifies the subject property and the surrounding land uses: Legal Description Lot 3 of Mehring & Kelly Subdivision Grand Island Regular Meeting - 3/4/2015 Page 19 / 48 Grand Island Regular Meeting - 3/4/2015 Page 20 / 48 The tax increment will be captured for the tax years the payments for which become delinquent in years 2017 through or 30 inclusive. The real property ad valorem taxes on the current valuation will continue to be paid to the normal taxing entities. The increase will come from the construction of new commercial space on this property. Statutory Pledge of Taxes. Pursuant to Section 18-2147 of the Act, any ad valorem tax levied upon real property in the Redevelopment Project Area shall be divided, for the period not to exceed 15 years after the effective date of the provision, which effective date shall be January 1, 2016. Said taxes shall be divided as follows: a. That portion of the ad valorem tax which is produced by levy at the rate fixed each year by or for each public body upon the redevelopment project valuation shall be paid into the funds, of each such public body in the same proportion as all other taxes collected by or for the bodies; and b. That portion of the ad valorem tax on real property in the redevelopment project in excess of such amount, if any, shall be allocated to and, when collected, paid into a special fund of the Authority to pay the principal of; the interest on, and any premiums due in connection with the bonds, loans, notes, or advances on money to, or indebtedness incurred by, whether funded, refunded, assumed, or otherwise, such Authority for financing or refinancing, in whole or in part, a redevelopment project. When such bonds, loans, notes, advances of money, or indebtedness including interest and premium due have been paid, the Authority shall so notify the County Assessor and County Treasurer and all ad valorem taxes upon real property in such redevelopment project shall be paid into the funds of the respective public bodies. Pursuant to Section 18-2150 of the Act, the ad valorem tax so divided is hereby pledged to the repayment of loans or advances of money, or the incurring of any indebtedness, whether funded, refunded, assumed, or otherwise, by the CRA to finance or refinance, in whole or in part, the redevelopment project, including the payment of the principal of, premium, if any, and interest on such bonds, loans, notes, advances, or indebtedness. Grand Island Regular Meeting - 3/4/2015 Page 21 / 48 Redevelopment Plan Amendment Complies with the Act: The Community Development Law requires that a Redevelopment Plan and Project consider and comply with a number of requirements. This Plan Amendment meets the statutory qualifications as set forth below. 1. The Redevelopment Project Area has been declared blighted and substandard by action of the Grand Island City Council on September 13, 1999.[§18-2109] Such declaration was made after a public hearing with full compliance with the public notice requirements of §18-2115 of the Act. 2. Conformation to the General Plan for the Municipality as a whole. [§18-2103 (13) (a) and §18-2110] Grand Island adopted a Comprehensive Plan on July 13, 2004. This redevelopment plan amendment and project are consistent with the Comprehensive Plan, in that no changes in the Comprehensive Plan elements are intended. This plan merely provides funding for the developer to acquire the necessary property and provide the necessary site work for the construction of a permitted use on this property. 3. The Redevelopment Plan must be sufficiently complete to address the following items: [§18-2103(13) (b)] a. Land Acquisition: The Redevelopment Plan for Area 2 provides for real property acquisition and this plan amendment does not prohibit such acquisition. There is no proposed acquisition by the authority. The applicant will be acquiring the property from the current owner. b. Demolition and Removal of Structures: The project to be implemented with this plan will not require demolition of any existing structures. c. Future Land Use Plan See the attached map from the 2004 Grand Island Comprehensive Plan. The site is planned for commercial development which also permits residential development consistent with the neighborhood at a density lower than the proposed use of a duplex at this site. [§18-2103(b) and §18-2111] The attached map also is an accurate site plan of the area after redevelopment. [§18-2111(5)] Grand Island Regular Meeting - 3/4/2015 Page 22 / 48 City of Grand Island Future Land Use Map Grand Island Regular Meeting - 3/4/2015 Page 23 / 48 d. Changes to zoning, street layouts and grades or building codes or ordinances or other Planning changes. The area is zoned R4 High Density Residential zone. No zoning changes are anticipated with this project. No changes are anticipated in street layouts or grades. No changes are anticipated in building codes or ordinances. Nor are any other planning changes contemplated. [§18-2103(b) and §18-2111] e. Site Coverage and Intensity of Use The developer is proposing to build a duplex on this lot. The proposed units including the attached garages will cover about 2,400 square feet, well within the allowable coverage. [§18-2103(b) and §18-2111] f. Additional Public Facilities or Utilities Sewer and water are available to support this development. Connections for water and sewer will have to be extended to serve this lot. The lack of available connections and cost to install those is one of the primary reasons for requesting TIF for this development. No other utilities would be impacted by the development. The developer will be responsible for replacing any sidewalks damaged during construction of the project. No other utilities would be impacted by the development. [§18-2103(b) and §18-2111] Grand Island Regular Meeting - 3/4/2015 Page 24 / 48 4. The Act requires a Redevelopment Plan provide for relocation of individuals and families displaced as a result of plan implementation. This amendment does not provide for acquisition of any residences and therefore, no relocation is contemplated. [§18-2103.02] 5. No member of the Authority, nor any employee thereof holds any interest in any property in this Redevelopment Project Area. [§18-2106] 6. Section 18-2114 of the Act requires that the Authority consider: a. Method and cost of acquisition and preparation for redevelopment and estimated proceeds from disposal to redevelopers. The developer is proposing to purchase this property for redevelopment for $20,000 provided that TIF is available for the project as defined. The cost of property acquisition is being included as a TIF eligible expense. Costs for site preparation, utility extensions, building plan and up front financing costs at $15,230 and are included as a TIF eligible expense. An additional $2,750 of expenses for legal work, fees and financial tracking of this project are also included as eligible expenses for a total TIF request of $37,983 It is estimated based on the proposed increased valuation of $160,000 will result in $49,700 of increment generated over a 15 year period more than the allowable expenses for this project. It is anticipated that the debt for this project would be paid off in 12 years. No property will be transferred to redevelopers by the Authority. The developer will provide and secure all necessary financing. b. Statement of proposed method of financing the redevelopment project. The developer will provide all necessary financing for the project. The Authority will assist the project by granting the sum of $37,983 from the proceeds of the TIF Indebtedness issued by the Authority. This indebtedness will be repaid from the Tax Increment Revenues generated from the project. TIF revenues shall be made available to repay the original debt and associated interest after January 1, 2016 through December 2030. c. Statement of feasible method of relocating displaced families. No families will be displaced as a result of this plan. 7. Section 18-2113 of the Act requires: Prior to recommending a redevelopment plan to the governing body for approval, an authority shall consider whether the proposed land uses and building requirements in the redevelopment project area are designed with the general purpose of accomplishing, in Grand Island Regular Meeting - 3/4/2015 Page 25 / 48 conformance with the general plan, a coordinated, adjusted, and harmonious development of the city and its environs which will, in accordance with present and future needs, promote health, safety, morals, order, convenience, prosperity, and the general welfare, as well as efficiency and economy in the process of development, including, among other things, adequate provision for traffic, vehicular parking, the promotion of safety from fire, panic, and other dangers, adequate provision for light and air, the promotion of the healthful and convenient distribution of population, the provision of adequate transportation, water, sewerage, and other public utilities, schools, parks, recreational and community facilities, and other public requirements, the promotion of sound design and arrangement, the wise and efficient expenditure of public funds, and the prevention of the recurrence of insanitary or unsafe dwelling accommodations or conditions of blight. The Authority has considered these elements in proposing this Plan Amendment. This amendment, in and of itself will promote consistency with the Comprehensive Plan, in that it will allow for the utilization of vacant property at this location. This lot is surrounded by similar and higher density residential units. The cost to provide utilities to this lot has kept it from developing. This will not increase traffic in the area. New residential development will raise property values and provide a stimulus to keep surrounding properties properly maintained. This will have the intended result of preventing recurring elements of unsafe buildings and blighting conditions. 8. Time Frame for Development Development of this project is anticipated to be completed between September of 2015 and September of 2016. Excess valuation should be available for this project for 15 years beginning with the 2016 tax year. 9. Justification of Project The City of Grand Island is in need of additional housing units and use and reuse of existing lots is one strategy identified in the 2014 Housing Study. This is infill development in an area with all city services available. This project does not propose to tear down any buildings with historic value. 10. Cost Benefit Analysis Section 18-2113 of the Act, further requires the Authority conduct a cost benefit analysis of the plan amendment in the event that Tax Increment Financing will be used. This analysis must address specific statutory issues. As authorized in the Nebraska Community Development Law, §18-2147, Neb. Rev. Stat. (2012), the City of Grand Island has analyzed the costs and benefits of the proposed AWG-Skagway North Redevelopment Project, including: Project Sources and Uses. Approximately $38,000 in public funds from tax increment financing provided by the Grand Island Community Redevelopment Authority will be required to complete the project. This investment by the Authority will leverage$163,115 in private sector financing; a private investment of $4.1 for every TIF dollar investment. Grand Island Regular Meeting - 3/4/2015 Page 26 / 48 Use of Funds. Description TIF Funds Private Funds Total Site Acquisition $20,000 $20,000 Site preparation $7,583 $7,583 Utilities $4,700 $4,700 Legal and Plan $5,700 $5,700 Building Costs $163,115 $163,115 Soft Costs TOTALS $37,983 $163,115 $201,098 Tax Revenue. The property to be redeveloped is has a January 1, 2015, valuation of approximately $9,460. Based on the 2014 levy this would result in a real property tax of approximately $208. It is anticipated that the assessed value will increase by $150,540 upon full completion, as a result of the site redevelopment. This development will result in an estimated tax increase of over $3,314 annually resulting in $49,700 of increment over the 15 year period. The tax increment gained from this Redevelopment Project Area would not be available for use as city general tax revenues, for a period of 15 years, or such shorter time as may be required to amortize the TIF bond, but would be used for eligible private redevelopment costs to enable this project to be realized. Estimated 2014 assessed value:$ 9,460.00 Estimated value after completion $ 160,000.00 Increment value $ 150,540.00 Annual TIF generated (estimated)$ 3,314.00 TIF bond issue $ 38,000.00 (a) Tax shifts resulting from the approval of the use of Tax Increment Financing; The redevelopment project area currently has an estimated valuation of $9,460. The proposed extension of utilities and construction of a duplex at this location will result in an additional $160,000 of taxable valuation based on valuations of similar properties. No tax shifts are anticipated from the project. The project creates additional valuation that will support taxing entities long after the project is paid off. The project will not add any tax burdens to taxing entities. Therefor no tax shifts will occur. (b) Public infrastructure and community public service needs impacts and local tax impacts arising from the approval of the redevelopment project; No additional public service needs have been identified. Existing water and waste water facilities will not be impacted by this development. The electric utility has sufficient capacity to support the development. It is not anticipated that this will impact schools. Fire and police protection are available and should not be impacted by this development. Grand Island Regular Meeting - 3/4/2015 Page 27 / 48 (c) Impacts on employers and employees of firms locating or expanding within the boundaries of the area of the redevelopment project; This project will not impact employers or employees in the area directly. This project will provide housing for persons employed in and around Grand Island. National estimates from the Homebuilders Association show that building a single family house is adds 2.5 full time equivalent jobs to the overall employment in a community. (d) Impacts on other employers and employees within the city or village and the immediate area that are located outside of the boundaries of the area of the redevelopment project; and No impacts are anticipated outside of the city or immediate area to total employment from this project other than the incremental increase due to the construction. (e) Any other impacts determined by the authority to be relevant to the consideration of costs and benefits arising from the redevelopment project. This project will utilize a piece of property in the Grand Island City Limits that has been vacant for at least 35 years. The level of development proposed is of a density similar to or lower than the neighboring properties. This will create 2 additional housing units at a time when studies show the City is in need of more than 1,700 additional housing units. These units will be created in an area the will have a new elementary school and should not negatively impact school populations. Time Frame for Development Development of this project is anticipated to be completed during between September 2015 and September of 2016. The base tax year should be calculated on the value of the property as of January 1, 2015. Excess valuation should be available for this project for 15 years beginning with the 2016 tax year. Excess valuation will be used to pay the TIF Indebtedness issued by the CRA per the contract between the CRA and the developer for a period not to exceed 15 years or an amount not to exceed $38,000 the projected amount of the eligible expenses for this project. Based on the purchase price of the property and estimates of the expenses of renovation activities and associated engineering fees, the developer will spend more than $38,000 on TIF eligible activities. See Attached Site Plan Grand Island Regular Meeting - 3/4/2015 Page 28 / 48 1616 S Eddy St Resolution Number 2015-03 HALL COUNTY REGIONAL PLANNING COMMISSION A RESOLUTION RECOMMENDING APPROVAL OF A SITE SPECIFIC REDEVELOPMENT PLAN OF THE CITY OF GRAND ISLAND, NEBRASKA; AND APPROVAL OF RELATED ACTIONS WHEREAS, the Chairman and Board of the Community Redevelopment Authority of the City of Grand Island, Nebraska (the “Authority”), referred that certain Redevelopment Plan to the Hall County Regional Planning Commission, (the “Commission”) a copy of which is attached hereto as Exhibit “A” for review and recommendation as to its conformity with the general plan for the development of the City of Grand Island, Hall County, Nebraska, pursuant to Section 18-2112 of the Community Development Law, Chapter 18, Article 21, Reissue Revised Statutes of Nebraska, as amended (the “Act”); and WHEREAS, the Commission has reviewed said Redevelopment Plan as to its conformity with the general plan for the development of the City of Grand Island, Hall County; NOW, THEREFORE, BE IT RESOLVED BY THE HALL COUNTY REGIONAL PLANNING COMMISSION AS FOLLOWS: Section 1. The Commission hereby recommends approval of the Redevelopment Plan. Section 2. All prior resolutions of the Commission in conflict with the terms and provisions of this resolution are hereby expressly repealed to the extent of such conflicts. Section 3. This resolution shall be in full force and effect from and after its passage as provided by law. DATED: ____________________ 2015. HALL COUNTY REGIONAL PLANNING COMMISSION ATTEST:By: ___________________________________ Chair By: ___________________________________ Secretary Grand Island Regular Meeting - 3/4/2015 Page 29 / 48 1616 S Eddy St EXHIBIT A FORM OF REDEVELOPMENT PLAN Grand Island Regular Meeting - 3/4/2015 Page 30 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item M1 Sterling Estates 4th Sub Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 31 / 48 February 18, 2015 Dear Members of the Board: RE: Final Plat – Sterling Estates 4th Subdivision – Final Plat. For reasons of Section 19-923 Revised Statues of Nebraska, as amended, there is herewith submitted a final plat of Sterling Estates 4th Subdivision, located in the City of Grand Island, in Hall County Nebraska. This final plat proposes to create 34 lots, on a tract of land located in part of the Northwest Quarter (NW ¼) of Section Twelve (12), Township Eleven (11) North, Range Ten (10) West of the 6th P.M. in the City of Grand Island, Hall County, Nebraska, said tract containing 22.65 acres. You are hereby notified that the Regional Planning Commission will consider this final plat at the next meeting that will be held at 6:00 p.m. on March 4, 2015 in the Council Chambers located in Grand Island's City Hall. Sincerely, Chad Nabity, AICP Planning Director Cc: City Clerk City Attorney City Public Works City Building Department City Utilities Manager of Postal Operations Olsson Associates This letter was sent to the following School Districts 1R, 2, 3, 19, 82, 83, 100, 126. Grand Island Regular Meeting - 3/4/2015 Page 32 / 48 Grand Island Regular Meeting - 3/4/2015 Page 33 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item M2 Sterling Estates 6th Sub Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 34 / 48 February 18, 2015 Dear Members of the Board: RE: Preliminary Plat & Final Plat – Sterling Estates 6th Subdivision. For reasons of Section 19-923 Revised Statues of Nebraska, as amended, there is herewith submitted a final plat of Sterling Estates 6th Subdivision, located in the City of Grand Island, in Hall County Nebraska. This final plat proposes to create 1 lot, on a tract of land consisting of Lot 2 of Sterling Estates Second Subdivision and a part of the Northwest Quarter (NW1/4) of Section 12, Township 11 North, Range 10 West of the 6th P.M. in the City of Grand Island, Hall County, Nebraska, said tract containing 7.28 acres. You are hereby notified that the Regional Planning Commission will consider this final plat at the next meeting that will be held at 6:00 p.m. on March 4, 2015 in the Council Chambers located in Grand Island's City Hall. Sincerely, Chad Nabity, AICP Planning Director Cc: City Clerk City Attorney City Public Works City Building Department City Utilities Manager of Postal Operations Olsson Associates This letter was sent to the following School Districts 1R, 2, 3, 19, 82, 83, 100, 126. Grand Island Regular Meeting - 3/4/2015 Page 35 / 48 Grand Island Regular Meeting - 3/4/2015 Page 36 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item M3 Bill Baasch Acres Sub Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 37 / 48 February 18, 2015 Dear Members of the Board: RE: Final Plat – Bill Baasch Acres Subdivision For reasons of Section 19-923 Revised Statues of Nebraska, as amended, there is herewith submitted a final plat of Bill Baasch Acres Subdivision, located in the City of Grand Island, in Hall County Nebraska. This final plat proposes to create 2 lots, on a tract of land comprising a Part of Lot Six (6) and a Part of the East Half of Lot Eight (8) and the accretion thereto, Riverside Farm Subdivision of a part of the Southeast Quarter (SE1/4) of Section Twenty Nine (29), Township Eleven (11) North, Range Nine (9) West of the 6th P.M. in the City of Grand Island, Hall County, Nebraska, said tract containing 4.825 acres. You are hereby notified that the Regional Planning Commission will consider this final plat at the next meeting that will be held at 6:00 p.m. on March 4, 2015 in the Council Chambers located in Grand Island's City Hall. Sincerely, Chad Nabity, AICP Planning Director Cc: City Clerk City Attorney City Public Works City Building Department City Utilities Manager of Postal Operations Rockwell & Associates This letter was sent to the following School Districts 1R, 2, 3, 19, 82, 83, 100, 126. Grand Island Regular Meeting - 3/4/2015 Page 38 / 48 Grand Island Regular Meeting - 3/4/2015 Page 39 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item M4 MAC Subdivision Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 40 / 48 February 18, 2015 Dear Members of the Board: RE: Final Plat – MAC Subdivision. For reasons of Section 19-923 Revised Statues of Nebraska, as amended, there is herewith submitted a final plat of MAC Subdivision, located in Hall County, Nebraska. This final plat proposes to create 1 Lot on a tract of land comprising a part of the Southeast Quarter (SE1/4), Section Seven (7), Township Ten (10) North, Range Ten (10) West of the 6th P.M., in Hall County, Nebraska, said tract containing 4.84 acres. You are hereby notified that the Regional Planning Commission will consider this final plat at the next meeting that will be held at 6:00 p.m. on March 4, 2015 in the Council Chambers located in Grand Island's City Hall. Sincerely, Chad Nabity, AICP Planning Director Cc: Hall County Clerk Hall County Attorney Hall County Public Works Hall County Zoning Department Manager of Postal Operations Rockwell & Accociates This letter was sent to the following School Districts 1R, 2, 3, 19, 82, 83, 100, 126. Grand Island Regular Meeting - 3/4/2015 Page 41 / 48 Grand Island Regular Meeting - 3/4/2015 Page 42 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item M5 Meyer Acres Sub Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 43 / 48 February 18, 2015 Dear Members of the Board: RE: Final Plat – Meyer Acres Subdivision. For reasons of Section 19-923 Revised Statues of Nebraska, as amended, there is herewith submitted a final plat of Meyer Acres Subdivision, located in Hall County, Nebraska. This final plat proposes to create 1 Lot on a tract of land comprising a part of the North Half of the Northeast Quarter (N1/2 NE ¼) of Section Thirty Two (32), Township Twelve (12) North, Range Twelve (12) West of the 6th P.M., in Hall County, Nebraska, said tract containing 5.0547 acres. You are hereby notified that the Regional Planning Commission will consider this final plat at the next meeting that will be held at 6:00 p.m. on March 4, 2015 in the Council Chambers located in Grand Island's City Hall. Sincerely, Chad Nabity, AICP Planning Director Cc: Hall County Clerk Hall County Attorney Hall County Public Works Hall County Zoning Department Manager of Postal Operations Benjamin & Associates, Inc This letter was sent to the following School Districts 1R, 2, 3, 19, 82, 83, 100, 126. Grand Island Regular Meeting - 3/4/2015 Page 44 / 48 Grand Island Regular Meeting - 3/4/2015 Page 45 / 48 Hall County Regional Planning Commission Wednesday, March 4, 2015 Regular Meeting Item M6 Steadfast Ridge Sub Staff Contact: Chad Nabity Grand Island Regular Meeting - 3/4/2015 Page 46 / 48 February 18, 2015 Dear Members of the Board: RE: Final Plat – Steadfast Ridge Subdivision. For reasons of Section 19-923 Revised Statues of Nebraska, as amended, there is herewith submitted a final plat of Steadfast Ridge Subdivision, located in Hall County, Nebraska. This final plat proposes to create 1 Lot on a tract of land comprising a part of the East Half of the Northeast Quarter (E1/2 NE1/4) of Section Sixteen (16), Township Eleven (11) North, Range Twelve (12) West of the 6th P.M., in Hall County, Nebraska, said tract containing 1.992 acres. You are hereby notified that the Regional Planning Commission will consider this final plat at the next meeting that will be held at 6:00 p.m. on March 4, 2015 in the Council Chambers located in Grand Island's City Hall. Sincerely, Chad Nabity, AICP Planning Director Cc: Hall County Clerk Hall County Attorney Hall County Public Works Hall County Zoning Department Manager of Postal Operations Benjamin & Associates, Inc. This letter was sent to the following School Districts 1R, 2, 3, 19, 82, 83, 100, 126. Grand Island Regular Meeting - 3/4/2015 Page 47 / 48 Grand Island Regular Meeting - 3/4/2015 Page 48 / 48