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Home My WebLink About9-5-2006 URBAN RENEWAL MINUTES Regular Scheduled Meeting CALDWELL URBAN RENEWAL AGENCY . September 5, 2006 - 12:00 noon City Administrative Offices, Conference Room The regular scheduled meeting of the Caldwell Urban Renewal Agency was held September 5, 2006 at 12:00 noon in the Conference Room @ City Administrative Offices with Chairman ElJay Waite presiding. The roll was called: present were E1Jay Waite, Garret Nancolas, Matt Beebe and Leona Fouts. Rob Hopper arrived as noted in the minutes. Guests: Steve Fultz, Dennis Cannon. Motion to approve the agenda: Nancolas/Beebe M/S/P Motion to approve the August 1, 2006 meeting minutes: Beebe/Nancolas M/S/P OLD BUSINESS CEDC Update: Steve Fultz, Executive Director, provided an update on CEDC activities which include: Sky Ranch and Sky Way Business Parks Development Status Site 1: Future location of Trail Max Trailers/Gem State Manufacturing Building size: 80,000 + square feet Investment: $6 million Employment: 50+ new jobs Wages: Average $12 to $14 dollars per hour plus benefits Status: Property acquired, construction to begin 2006, development plan to be submitted soon Site 2: Future location of BMC-West Building size: 150,000 square feet � Investment: $8 million Employment: Approximately 200 Status: Contracts signed, scheduled to begin construction in 2006 Site 3: Future location of American Custom Coach Building size: 10,800 square feet Investment: $500,000 Employment: 18-25 jobs Wages: $15 dollars/hr average Status: Under construction, business completing a large contract in CA, will move to Caldwell by yr end Site 4: Negotiation with a building contractor business Building size: 31,400 square feet Employment: 30 to 50 new jobs Wages: $12.00 per hour plus benefits Status: Still in negotiarion with business, developer has targeted completion of building by 1 st Qtr 2007 Site 5: Negotiation with Treasure Valley Community College Building size: 25,000 square feet Investment (projection): $3.85 million Employment: 52 (with 10% increase per year for 1 3 years) Wages: $17 per hour average Status: Desires to be in building and operating by Spring 2008 Site 6: Negotiation with Idaho Commerce and Labor Building size: 15,000 square feet Investment (projection): $2 million + Wages: Varies Status: Still in negotiation phase, would like to begin construction in 2006 Site 7: Future location of Thomas Jefferson Charter School Building size: 16,000+ square feet • Investment: $3.3 million Employment: 20+ jobs Wages: $12-$15 per hour average Status: Construction completed, opening Fall semester 2006 CEURA, September 5, 2006, Page 2 • Site 8: Future location with Idaho Athletic Building size: Approximately 20,000 square feet Inveshnent: $2.7 million (estimate) Employees: 20+ Wages: $10 per hour average Status: Closed on contract to purchase property on 5/31/06, construction has begun Site 9: Second building by Norfleet Development Building size: 10,800 Investment: $500,000 Employee: ?? Wages: ?? Status: Working with several contractors and manufactures to negotiate a deal. Would employee 9-15 full rime workers. Contractor has filed for pernuts Site 10: Building Contractor to move to Park Building size: 8,000 square feet Investment: $450,000 Employees: 5 Wages: $10+ per hour Status: Meeting with City Round table Sept 2006, begin construction in 2006 Rob Hopper arrived and was counted present. Steve Fultz provided an update on TVCC's quest for property and/or a building for expansion of the school. He noted that the school has grown beyond projections and is doing an excellent job for the community at no cost to taxpayers. Motion to authorize Chairman Waite and Mayor Nancolas to proceed with negotiations with TVCC on potential usage of URA property adjacent to the GALS � softball quad, and allow the submittal of TVCC's business plan to the commission: Nancolas/Beebe M/S/P Indian Creek Project / Downtown Catalyst Project: Dennis Cannon announced the receipt of the design from the Army Corp of Engineers and stated that we should be able to use a good portion of the package. Dennis introduced a Discontinuation of Business Compensation Agreement between URA and George Randall. Motion to approve the Discontinuation of Business Compensation Agreement and authorize Chairman Waite to sign the document upon removal of the reference to demolition of the building in item #2 and upon approval by Mark Hilty, legal counsel: Hopper/Fouts M/S/P Chairman Waite presented a warranty deed for the Idaho Department of Commerce and Labor. Motion to authorize Chairman Waite to sign the warranty deed for ldaho Department of Commerce and Labor contingent upon completion of the procurement process, a deed restriction requiring construction of a building on the property and approval from the city's attorney: Hopper/Beebe M/S/P NEW BUSINESS Demolition of Indian Creek buildings will be put out to bid for all buildings except the NW Mutual Insurance building which will be used for the kick-off demolition at the Indian Creek Festival. Due to the lack of time to obtain bids prior to the festival, Dennis Cannon has requested that we contract with Lambert Construction for demolition of this building. Motion to approve demolition of the NW Mutual Insurance building and authorize the signing of a contract with Lambert Construction for the removal, • not to exceed $1 D, 000: Hopper/Beebe Nf/S/P CEURA, September 5, 2006, Page 3 •Chairman Waite presented the 2007 budget for review and discussion. Mayor Nancolas mentioned three long term projects that the commission may be considering in the next several years: 1) a partnership with the school district to assist with Van Buren Elementary School, 2) enhancement and/or enlargement of JC Park and 3) a satellite location for the Caldwell YMCA. Motion to finalize the 2007 budget for presentation to the board in October: Hopper/Fouts M/S/P Rob Hopper presented the following invoices for payment: $ 1,124.56 Press Tribune Increment Bonds — notification $ 1, 645.00 Hamilton,Michaelson,Hilty Judicial Review — Bond $ I5, 000. 00 CEDC Quarterly payment $ 68, 623. 75 Wells Fargo Bank Interest Pmt for 2004 Sewer Bonds Motion to approve payment of invoice: Beebe/Nancolas M/S/P Financial Report provided by Rob Hopper: June 30, 2006 Ending Balance Earnin�s Local Gov't Pool 790,578.59 2,821.37 July 31, 2006 Ending Balance Earnings � F&M Money Mkt 1,257,076.02 1,039.28 � F&M Business Acct 12,486.51 n/a F&M Indian Creek 55,215.84 88.49 Local Gov't Pool 793,484.52 2,905.93 . Motion to approve the Financial Report: Beebe/Fouts M/S/P GENERAL DISCUSSION Leona Fouts presented a letter from Barbara Dujanovic, Executive Director of the Caldwell Community Center, requesting guidance in how to partner with the Caldwell Downtown renovation project and establish an avenue of communication. It was noted that the Caldwell Community Center is not in the Urban Renewal Area limiting URA's ability to partner with the Center. A list of six key contacts was developed and Leona will communicate those resources to Mrs. Dujanovic. The next meeting will be held at the City Administrative Offices @ 411 Blaine on Tuesday, October 3, 2006 at 12:00 noon I Motion to adjourn: Fouts/Nancolas M/S/P ' Meeting adjourned @ 1:30 pm Respectfully submitted, Leona Fouts, Secretary •