HomeMy WebLinkAbout2023-02-13 URA MinutesCALDWELL URBAN RENEWAL AGENCY
MINUTES
6.00 P.M.
February 13,2023
(ROLL CALL)
The regularly scheduled meeting of the Caldwell Urban Renewal Agency convened at 6:00 p.m. in the Caldwell Police Department
Community Room with Chairman Porter presiding.
The URA Secretary called the roll. Present: Commissioner Porter, Commissioner Doty, Commissioner Warwick, Commissioner
Moore and Commissioner Allgood.
(CONFLICT OF INTEREST DECLARATION)
None.
(SPECIAL PRESENTATIONS)
None.
(PUBLIC COMMENTS)
None.
(CONSENT CALENDAR) [All Consent Calendar items are considered action ifemsl
1) Approve minutes from the Urban Renewal Agency Regularly Scheduled Meeting held on January 4, 2023,
2) Approve Resolution accepting the Disposition and Development Agreement with TS Development for the site known
as S 10 Arthur Street.
MOVED BY Warwick, SECONDED by Doty to approve the Consent Calendar as printed.
Roll call vote: Those voting yes:, Warwick, Moore, Allgood, Porter, and Dory. Those voting no: none. Absent or not
voting: None.
MOTION CARRIED
OLD BUSINESS:
(ECONOMIC DEVELOPMENT ACTIVITY REPORT FROM STEVE JENKINS [JANUARY 20231)
Current Projects
Miscellaneous Updates:
Project Lonestar- recently met with this restaurant group. They're interested in multiple locations in Caldwell and
are focused on moving forward with a property soon.
ProjectGator- they've identified a site and are moving discussions along. If plans materialize, this will be their second
location in the Boise area.
Project Ute- fast -casual group interested in two primary sites in Caldwell. Working to find an appropriate location
to bring their vibrant concept to Caldwell.
Project Family- family -oriented entertainment concept that is interested in the Caldwell region. They're focused on
large sites to be suitable for their proposed development.
Copium Investments- Purchased the Edmark Plaza on the Blvd. They're working on attracting new tenants and
constructing buildings within the complex.
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Project Yanke- Continue working with a large grocer interested in the Caldwell area. They've narrowed down their
search to a single site in east Caldwell.
DeBartolo Development- Current project is under construction (Canyon Village) and they'll be working on a second
project in Caldwell in the near future.
Federated Ordinance: Continuing to find ways to expand in Caldwell. The company is working on tenant
improvements and is investing in the building with multiple improvements.
Project Greenbriar: National fast casual chain that continues to be interested in the community. They're
investigating multiple locations along our city's main corridors.
Project Astros- Large industrial project considering multiple locations in Caldwell. They're most interested in North
Caldwell. They will provide 60-80 jobs ($20-$25 per hour) along with a capex of $45m.
Project Spartan- looking to break ground this spring. They'll provide 20-25 new jobs to the Caldwell community.
North Caldwell URA:
Project 26: moving forward with plans for a large industrial project. The site plan looks great and will add to our
growing inventory of industrial speculation space.
Project 600- Back in the mix. They are interested in the annexation process and will continue moving conversations
forward on their project.
Project Grizzly: Moving forward with a site plan. They have two sites under contract in North Caldwell.
Downtown Updates:
613 Main Street closed recently. They are planning on demolishing the building and constructing a new two-story
concept at the location.
Dechase Miksis- The hotel RFQ is currently being shared widely. They are pursuing boutique hotel developers from
within our region and beyond
In response to a question from Commissioner Allgood regarding the demolition of the structure at 613 Main Street,
Mr. Jenkins replied that although the adjacent parking lot may later become part of the project, at this time the focus
is on reworking the building.
In response to a concern stated by Commissioner Porter regarding connecting water lines to the North Caldwell
area Mr. Jenkins commented that an Engineering firm has been mobilized to align the water main project along
Farmway into the project area. He also stated Phase I will end at Hwy 44, and eventually water mains will run all
the way to Purple Sage Elementary School. Everything is currently on schedule.
(ECONOMIC DEVELOPMENT ACTIVITY REPORT FROM OFELIA MORALES jNOVEMBER 2022])
Downtown Updates:
Project Care (Update): Business offering services to families, scheduled to close on space/property, December
15th, unable to close due at this time. The property is currently going through the probate process, the interested
party is still committed to this site and is being patient on the process.
Project Strong (Update): local retail business that is seeking other location options within our downtown that's
closer to the plaza. Connected business with another business for upstairs space. There is now one more year left
on the lease, connected them with possible future space on the plaza.
Project East (Update): Well established local franchise restaurant business that does not have a presence in
Canyon County is seeking space in Canyon County, hoping they will select Caldwell as their first site in Canyon
County. Gear towards family causal. December meetingto identify space, ideal space for company was North Ranch;
unfortunately due to other similar business developer is unable to lease space. New area of focus is 55, The Charles.
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The focus is has shifted back to the North Ranch area as a developer in the area has land available for this type of
use and open to developing the land.
Project Fresh: Breakfast eatery seeking space in downtown Caldwell.
Project Black: Seeking space in downtown, unique offering for downtown.
Project Tod: Family event center for young children, seeking space in downtown. Concerns with parking.
Project Falcon: Connected with this business as it was recently acquired by local Family, business seeking to
expand to Canyon County in the near future.
Project Family: Salon seeking space to open a full service salon.
Project Corn: Working with family to purchase franchise. This franchise would be the first in the state of Idaho.
Businesses opening in February:
2C Yoga, 901 Main Street
Shutter Happy Photography, 708 Main Second Floor
Commissioner Moore commented on the great positive progress in locating businesses downtown, and asked Ms.
Morales if she could identify the biggest challenges in filling downtown spaces-- other than parking. Ms. Morales
replied that outside of parking, the spaces available downtown are in older buildings and often need significant
tenant improvements before businesses can open. She also noted that lease rates seem to be a little high for the
area.
NEW BUSINESS
(ACTION ITEM: CONSIDER APPROVAL OF THE INVOICES FOR PAYMENT AS PRESENTED BV THE
URBAN RENEWAL AGENCY TREASURER)
Raelynn North, URA Treasurer presented the following invoices for payment and recommended approval. She noted that
there was an extra zero in the entry for the Destination Caldwell amount: the amount should read $8,500.00.
VENDOR
AMOUNT
DESCRIPTION
City of Caldwell
$18,000.00
February Economic Development
Contributions
Hamilton, Michaelson, Hilty
Attorneys at Law
$ 9,805.00
January Attorney Services
Canyon County
$132,061.34
Fair Expo Site Improvements
December 2022 & January 2023
Zions Bank
$3 500.00
Trustee Fees on Bonds
Destination Caldwell
$8 500.00
Wayfinding Design Costs
DeChase Development
$33,581.78
Creekside Mixed Use Project —
December 2022
City of Caldwell — Street Dept.
$28,333.29
Canyon Hill to Sacajawea/3rd Ave.
HAWK
City of Caldwell — Street Dept.
$1 642 992.58
Ustick Road Widening Construction
City of Caldwell —General Fund
$162,130.28
Pickle Ball Courts/Luby Park
City of Caldwell — General Fund
$108,648.62
Trash Compactor Relocation
Project — Downtown
City of Caldwell — General Fund
$25,459.82
Vineyard Space Renovation —
Downtown
City of Caldwell — General Fund
$38 070.03
Centennial Way Median Infill
City of Caldwell —General Fund
$74 253.83
21" Avenue Parking Lot
City of Caldwell — General Fund
$23,498.95
TVCC Remodel Design
City of Caldwell —General Fund
$35,624.81
Other Projects
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City of Caldwell —General Fund
$15,597.27
Professional Services/Property
Taxes
TOTAL
$2 360 057.40
At the request of the commissioners, Ms. North stated that she would provide more specific details regarding the `Other
Projects' and `Professional Services" items.
MOVED by Allgood, SECONDED by Doty to approve the invoices for payment as amended.
Roll call vote: Those voting yes: Allgood, Porter, Doty Warwick, and Moore. Those voting no: none. Absent or not
voting: None.
MOTION CARRIED
(ACTION ITEM: TREASURER'S REPORT)
MONTHLY CASH RECONCILIATION REPORTS:
Raelynn North, URA Treasurer, provided a summary of each of the items in the report_
Banner Bank TOTAL $19,546,291.69
LGIP $ 752,61926
Banner Bank, CD $ -------------
Banner Bank Operating Account $ 18,793,672.43
Restricted TOTAL
$18,793,672.43
Restricted — Other Tax District
$
12,832,349.85
Restricted Projects
$
5,619,450.74
Restricted— URANorth
$
38,875.58
Unrestricted— Operations
$
302,996.26
MOVED by Warwick, SECONDED by Doty to approve the monthly cash reconciliation report as presented by Ms.
North.
Roll call vote: Those voting yes: Warwick, Moore, Allgood, Porter, and Doty. Those voting no: none. Absent or not
voting: none.
MOTION CARRIED
(ATTORNEV'S REPORT)
a) Update: Tax Deliagttencies and Penalties as Increment Revenue:
Tayler Yett, Agency Attorney, reported that their office is working on completing the final analysis and will proceed
forward when completed.
b) Update Aztec Development (Kimball & Arthur)
Tayler Yett, Agency Attorney, reported that the ALTA report is completed, and there is a 30-day window for the
developer to review. That window closes around the beginning of March, and if no issues arise, the developer will
then move forward with final designs.
(COMMISSIONER REPORTS)
(CHAIRMAN REPORT)
Canyon County has forwarded a recommendation to the Caldwell City Council for appointment to the Canyon County
seat on the Urban Renewal Agency board.
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(EXECUTIVE SESSION PURSUANT TO IDAHO CODE, SECTION 74-206, SUBSECTION (1)(F) FOR THE
PURPOSE OF DISCUSSING PENDING LITIGATION OR WHERE THERE IS A GENERAL PUBLIC
AWARENESS OF PROBABLE LITIGATION)
MOVED by Allgood, SECONDED by Warwick to convene into Executive Session pursuant to Idaho Code, Section 74-
206, Subsection ( I )(f) for the purpose of discussing pending litigation or where there is a general public awareness of
probable litigation at 6:32 pm.
Roll call vote: Those voting yes: Allgood, Porter, Doty, Warwick and Moore. Those voting no: none: Absent and. --'or
not voting: none.
MOTION CARRIED
MOVED by Warwick, SECONDED by Doty to reconvene into Regular Session at 6:35pm.
(ADJOURNMENT)
MOVED by Warwick, SECONDED by Allgood to adjourn at 6:36 p.m.
Appro* as yoritten this 13j' day of March, 2023.
Porter
i
Commissioner r
oty
li•[a] IIIs] MeT.M "WWO7
MOTION CARRIED
ATTEST: A
URA cretary or Deputy
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