The URL can be used to link to this page

Home My WebLink About2011-03-01 URA MinutesRegular Meeting CALDWELL URBAN RENEWAL AGENCY March 1, 2011 — 12:00 Noon City Administrative Offices, Conference Room The regular scheduled meeting of the Caldwell Urban Renewal Agency convened at 12:00 Noon on March 1, 2011 in the Conference Room at Caldwell City Hall Administrative Offices with Chairman EIJay Waite presiding. Roll was called: Present: EIJay Waite, Rob Hopper, Leona Fouts, Theresa Hardin Guests: Steve Fultz, Scott Curtis, David Durrow, Miguel Sanchez Motion to amend the agenda to include a special presentation from the Caldwell Family YMCA. FoutslHopper If1 /S/P Motion to approve the agenda as amended: FoutslHopper X111% IP Motion to approve the minutes of the February 1, 2011 meeting: Foutsl'Hardin MiS /P SPECIAL PRESENTATION Scott Curtis and David Durrow provided a current status report of the Caldwell Family YMCA. Highlights of the presentation are as follows: 1) The recent logo change resulted from a national 3 -year study to further educate the public on the YMCA's mission. All programming, staff training and facilities are focused on three causes: Youth Development, Healthy Living and Social Responsibility 2) Membership at the Caldwell Y has increased from 11,827 members in February 2007 to 16,347 members in February 2011. 3) Youth programs have grown from 5 programs in 2007 to 12 programs in 2011, including the Spring Break program which features 14 different camps and involves 500 youth, 300 youth participate in the spring SPLASH water safety and swim program, the Leader's Club involves nearly 200 teens and focuses on community and Y service projects. 4) Feedback from the community includes reports of improved testing scores of students involved in the "Y" programs and improved crime rate figures attributed to the Y's focus on youth development and social responsibility. 5) Fund raising efforts for the Strong Kids Campaign have been very successful with Caldwell leading the valley -wide campaign with more dollars raised per member. These dollars allow more kids and families to be positively impacted by the Y's mission. 6) The Caldwell Y has a large array of community partners from business, education, medical, non - profit, city, county and state government sectors that provide resources to the programs. OLD BUSINESS #1: C /CEDC Activity Report provided by Steve Fultz, Executive Director. Highlights for February 2011 • Continued work with on Project Bake... potential manufacturing and cold - storage business to Caldwell... working out final details • Continued work with downtown /URA incentive program. • Continued work with Chamber on travel /tourism strategic plan for the Caldwell area • Continued work on FTZ opportunity for Caldwell airport ... Meeting with Shirt Boyce and Ed Priddy Page 1 of 4 • Working with business from Oregon on potential site in downtown (restaurant) • Work with Project Flight at Caldwell airport... meeting with Department of Labor. City officials, and BVEP reps • Working with potential tenant for the former King's building (Project Active) • Working with small call center (25 employees to start) in downtown Caldwell (Project T- Call) • Participation in the Buy Idaho trade show at State house • Working with BVEP on two leads • Working with new winery /B &B in Sunnyslope ... also new professional office in Caldwell • Working with potential professional service provider (Project C -U). Mr. Fultz presented two funding requests: 1) $5,000 for Chukar Cellars to provide start -up funding to the students in the Viticulture program at TVCC to lease incubator space for development of their own wine label. 2) $5,000 to hire a Foreign Trade Zone (FTZ) consulting firm to meet with city and business representatives to assist in the development of an FTZ. Motion to authorize expenditure of S5, 000 start -up funding for Chukar Cellers and S5, 000 to begin development of a Foreign Trade Zone: Hopper /Fouts MISIP Mr. Fultz presented a review assessment and recommendations for action from the review committee for the Business Incentive/ Job Creation Incentive Program. The assessment and recommendations will be forthcoming from CEDC and referred to legal counsel for review and approval prior to further discussion and consideration by CEURA. #2 Highway 20/26 Corridor: Chairman Waite stated that this agenda item will be moved to the April agenda. NEW BUSINESS Chairman Waite stated that the order of business for the remainder of the agenda will be revised to accommodate schedules of attending /presenting guests. Agenda Item #3: Presentation of downtown BID and CDBG grant proposal Debbie Geyer, City Clerk, presented the details of a pending Community Development Block Grant that includes a streetscape plan, pedestrian plaza and food court in the area of 6`', Main and 7"' streets. The project includes infrastructure, pavers, lighting and trees and will require matching funds. Agenda Item #4: Consider CHA Proposal Miguel Sanchez presented a request for start -up funding for the Caldwell Housing Corporation (CHC), a subsidiary of the Caldwell Housing Authority (CHA), whose purpose is to develop housing in the downtown area of Caldwell. Formation of a separate corporation is necessary to apply for federal funding under the Neighborhood Stabilization Program, as Caldwell Housing Authority's funds are restricted to the Farmway Village Project. The CHC has developed a strategic plan that includes a planned development of 60 -units of low income housing, community center, laundry and exercise facility on the 4.4 acre parcel at 1201 Elgin Street. Chairman Waite noted that review by URA's attorney to ensure qualification of project cost reimbursements would Page 2 of 4 be advisable. ,Motion to approve the S25, 000 funding request pending attorney review and approval: TIopperr Hardin M/S, %P Agenda Item #1: Consider check signer update to bank accounts Chairman Waite stated that due to changes in the status and make -up of the Board of Commissioners, a new ruling is in order to establish authorized signers for CEURA bank accounts. Motion to name the Chairman, Vice Chairman and Secretary as authorized signers on CEURA bank accounts: HardinrHopper MIS P Agenda Item 92: Consider new bank account for debt reserve funding Motion to establish a new bank account at 1,Vells Fargo Bankfor the reserve funds pledged to retire annual debt to the City for purchase of the education building: Hopper /Hardin MIST Agenda Item #5: Finance Report provided by Rob Hopper Bank of the Cascades Business Ckg Ending Balance Earnings February 28, 2011 250,670.66 1,953.42 Bank of the Cascades Time CD #1 Ending Balance Earnings January 31, 2011 250,000.00 not reported Balance will remain constant. Interest earnings deposited to Business Ckg Wells Fargo Savings Ending Balance Earnings February 28, 2011 2,727,195.02 720.92 Wells Fargo Checking (non - interest) Ending Balance Earnings February 28, 2011 2,861.98 Fees: $14 Home Federal Business Ckg (non - interest) Ending Balance Earnings February 28, 2011 -0- n/a Funds transferred to Bank of the Cascades Home Federal Repurchase Agreement Ending Balance Earnings February 28, 2011 -0- n/a Funds transferred to Bank of the Cascades Home Federal - 30 day Time CD Ending Balance Earnings February 28, 2011 -0- n/a Funds transferred to Bank of the Cascades Local Government Investment Pool Ending Balance Earnings February 28, 2011 107,651.09 120.99 Wells Fargo (Bond Debt Service) Ending Balance Earnings January 31, 2011 Fund 96 3,692,017.50 45.16 Motion to approve the financial report: Fouts /Hardin MISIP Page 3 of 4 Agenda Item #6: Invoices presented for payment: presented by Rob Hopper $ 31.54 Albertsons February lunches S 2 1. 15 Petty Cash January_ lunches $ 2,877.00 Hamilton Michaelson Hilty Legal 3,710.62 Canyon County Property Taxes 217 S. Kimball $ 3,612.82 Canyon County Property Taxes 215 S. Kimball 2,250.00 Wells Fargo Trustee Fees: Bond 2006A Motion to approve the invoices,for payment: Fouts/Hardin .171S,11 Agenda Item 47: Commissioner Reports No report The next meeting will be held April 5, 2011 at 12:00noon. Motion to adjourn: Fouts /Hardin M /S /P Meeting concluded at 1:25 pm. Respectfully submitted, Leona Fouts Secretary Page 4 of 4