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7/18/2024 Minutes CITY OF GRAND ISLAND City Council Meeting Minutes Council Chambers City Hall 100 East First Street Special Session of July 18, 2024 7:00 PM 1. CALL TO ORDER Mayor Roger Steele called the meeting to order at 7:00 p.m. 2. PLEDGE OF ALLEGIANCE 3. ROLL CALL The following City Officials were present: City Administrator Laura McAloon, City Clerk Jill Granere, Assistant City Administrator/CFO Patrick Brown, Finance Director Matthew Gleason Public Works Director Keith Kurz and City Attorney Kari Fisk. The following City Council Members were present: Maggie Mendoza,Bethany Guzinski, Chuck Haase,Mike Paulick,Michelle Fitzke,Mitchell Nickerson,Doug Lanfear andJason Conley.Mark Stelk and Jack Sheard were absent. 4. SUBMITTAL OF REQUESTS FOR FUTURE AGENDA ITEMS 5. RESERVE TIME TO SPEAK ON AGENDA ITEMS 6. Good Life District Economic Development Program Election Cover Page Resolution Boundary Map City Administrator Laura McAloon reported on December 19, 2023 the City Council approved Resolution No. 2023-329 at the request of Woodsonia Real Estate, Inc., stating the City's support of the filing of an application with the Nebraska Department of Economic Development (DED). Woodsonia's application to DED requested the State's approval of a Good Life District in the northwest area of Grand Island, generally covering an area along Highway 281 from 13th Street to Capital Avenue and largely undeveloped land from the intersection of Capital Avenue and Webb Road to the intersection of Highway 281 and Broadwell Avenue (Eagle Scout Lake). Woodsonia's application was formally approved by DED on June 5, 2024 and the Department of Revenue(DOR)notified the City that the state's sales tax rate of 5.5%will be reduced on October 1, 2024 to a rate of 2.75% within the area of the Good Life District (GLD) included within City limits. The GLD and the related reduction of the state sales tax rate is expected to exist until June 2054. The State's creation of a Good Life District in Grand Island creates an opportunity for the citizens of Grand Island to vote on the establishment a Good Life District Economic Development Program (Good Life EDP) within the same geographic area where the State had reduced its sales Page 2 of 3,City Council Study Session,June 18,2024 tax rate. But first, voters must weigh in on whether to allow the City to establish such a Program and impose a "replacement" local sales tax and/or occupation tax. McAloon reported the 2024 legislation authorized the City to establish a local"replacement"sales tax and/or occupation tax to recoup the eliminated state sales tax for a new Good Life EDP. The funding could be utilized for development costs anywhere in Grand Island's Good Life District. The legislation gives the City broad authority over how those funds are used locally within the Good Life District. If approved, the City Council may establish a Good Life EDP for the portion of the Good Life District within the City or as it may be expanded by DED in the future. If the creation of a Good Life EDP is approved by the voters, the City Council could impose either or both of the following for the Program within the portion of the GLD located inside City limits: • Local option sales tax of 2.75%(to replace the sales tax given up by the State). • Occupation taxes, similar to the occupation tax approved for the former Conestoga Mall. These sales and/or occupation taxes are in addition to the City's local option sales tax,which would not be reduced in the Good Life District. Also, the City would have the discretion to dedicate a portion of the City's local option sales tax collected in the Good Life District if determined beneficial to the City. If the Voters approve the ballot question,the City would adopt a program ordinance to govern the Good Life EDP. The program ordinance was expected to include requirements, guidelines, and expectations for every developer and property owner to meet in order to access Program benefits. Because the Good Life District was established with certain goals of the State in mind, not every development idea or plan would be approved for benefits from the Program. Good Life EDP funds could be used to pay for both public and private improvements within the area of the GLD or public infrastructure that benefits the development within a GLD. The Legislature made sure the program being considered by the voters remains available to any property owner or developer in the Good Life District who meets the program requirements established by the City. The City would need to use the program as intended by the Legislature: to help spur the type of transformational development envisioned for the Good Life District by the State when it approved Grand Island's Good Life District. If the voters do not approve the creation of a Good Life EDP,the City Council has no authority to "recapture"the State's foregone sales tax.The State will reduce it's sales tax rate by half on October 1, 2024 regardless of whether Grand Island citizens approve the creation of a local economic development program. Therefore, the combined state and local sales taxes paid by consumers within the approved Grand Island GLD will be lower than sales taxes collected by businesses located elsewhere in the City. Based on the State's approval of a Grand Island Good Life District and the new economic development opportunities provided by the Legislature to cities with a good life district, City staff and bond counsel have prepared an election resolution for the Council's consideration. The resolution calls for a special election for August 13, 2024 to allow Grand Island citizens to vote on whether the Council should be authorized to establish a Good Life EDP within the approved boundaries of the GLD and impose local sales or occupation taxes that would recapture the State's Page 3 of 3,City Council Study Session,June 18,2024 foregone sales tax rate of 2.75% for the City's use in facilitating economic development, growth and opportunity for all property located within the GLD. Gerald Poels spoke in opposition. Jay Vavricek spoke in favor. Motion by Chuck Haase, second by Jason Conley to approve. Roll Call: Ayes: Maggie Mendoza, Bethany Guzinski, Chuck Haase, Mike Paulick, Michelle Fitzke, Mitchell Nickerson, Doug Lanfear, Jason Conley. Jack Sheard and Mark Stelk were absent. Motion adopted. 7. ADJOURNMENT The meeting was adjourned at 7:32 p.m. J. Granere City Clerk