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Home My WebLink About2007-02-06 URA MinutesRegular Scheduled Meeting CALDWELL URBAN RENEWAL AGENCY February 6, 2007 - 12:10 p.m. City Administrative Offices, Conference Room The regular scheduled meeting of the Caldwell Urban Renewal Agency was held February 6, 2007 at 12:00 noon in the Conference Room @ City Administrative Offices with Chairman ElJay Waite presiding. The roll was called: present were ElJay Waite, Mayor Garret Nancolas, Rob Hopper and Leona Fouts. Guests: Steve Fultz, Dennis Cannon Motion to approve the agenda: Fouts/Nancolas M/S/P Motion to approve the meeting minutes of January 2, 2007: Fouts/Nancolas M/S/P OLD BUSINESS CEDC Update: Steve Fultz, Executive Director, provided the following update of C/CEDC activities: CEDC Activity Report Highlighted Activities January 2007  Submitted 12 marketing packets to new and expanding business prospects.  Continued working with TVCC on expansion of the Caldwell campus  Continue to work with ACI and Chamber on development of a business-to-business trade show for next Spring (meeting with SIFE)  Continued working with new business for County site (Agri-Fuel business)…signed lease with Butch Gilliland  Chamber’s governmental affairs committee (chaired committee and wrote recommendation to legislators on community college initiative).  Presentation to Silverhawk Realty on Caldwell development  Meeting with Linda Arden of BVEP on regional marketing opportunities.  Meeting with Roger Cantlon on downtown development  Meeting with Skip Oppenheimer on downtown development  Meeting with Expetec on business growth and development  Working with small investor for downtown  Working with developers from Meridian on downtown development  Working with business lead for Sky Ranch (NetCom Inc.)  Working with CSHQA on concept design for City Center development  Meeting with Colliers International on RFQ for downtown development manager  Continued work with the Chamber’s travel and tourism committee on regional promotion  Working with Grant Ragsdale of the Veterans on location of 8,000 sq ft expandable facility at City Center Sky Ranch and Sky Way Business Parks Development Status January 2007 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 2007, 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 2007 Site 3: Future location of American Custom Coach February 6, 2007, CEURA, Page 2 Building size: 31,000 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 spring 2007 Site 4: Negotiation with a potential new business Building size: 20,000 square feet Employment: 30 to 50 new jobs Wages: $12.00 per hour plus benefits Status: Still in negotiation with business, developer has targeted completion of building by 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 1st 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: Scheduled to close in 2006, begin construction in 2007 Site 7: 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 Site 8: Future location with Idaho Athletic Building size: Approximately 20,000 square feet Investment: $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: First Two Buildings by Norfleet Development Building size: 10,800 each Investment: $500,000 each Employee: 10-25 Wages: average of 14/hr Status: building occupied. NW Agri Fuel/Bio Diesel 3-year lease of 5,400 sq ft, other is leased (5-month) of temp use/warehousing. Working w/ Net Com on lease. Also wkg w/ United Ag Technologies Site 10: Pro Tech Roofing Building size: 5-8,000 square feet Investment: $450,000 Employees: 5 Wages: $10+ per hour Status: Meeting with City Round table Sept 2006, begin construction in 2007 Site 11: Design FX Millwork Co. Building size: 5-8,000 sq ft Investment: $500,000 Employees: up to 10 Wages 10+ per hour Purchased lot, expect construction in 2007 Site 12: Urgent Care Center February 6, 2007, CEURA, Page 3 Dennis Cannon provided an update on the Indian Creek Project: o Demolition:  Discontinuation fee of $20K for Duane’s Heating; $21 for Brent Smith.  Demolition – 4 down, 4 to go; on schedule o RFQ out for proposals o Downtown Redevelopment:  Investor interest – discussion  City Hall Concept - configurations, tenant search, LEED cert  Streetscape designs  EPA Grants – Brownfield’s / Sustainable development support o Indian Creek Phase II Cost Estimate: $3,000,000 (breakdown provided) NEW BUSINESS C/CEDC has requested termination of the Memorandum of Understanding (Resolution #2005-3 dated June 7, 2005) relating to the marketing and sale of property in the vicinity of Smeed Parkway, south of Hwy 20/26. The State of Idaho Department of Commerce has purchased subject property. Motion to authorize a letter accepting the proposal of termination of the Memorandum of Understanding with C/CEDC upon receipt of the agreed upon $130,000: Hopper/Nancolas M/S/P Chairman Waite and Mayor Nancolas met with the Jail Site Steering Committee to propose a cooperative opportunity between the Canyon County Jail, VanBuren School and CEURA. The advisory group was open to consideration and further discussion. Chairman Waite requested a motion to set a time certain for expiration of agency relocation assistance to the owner of SinSations for her decision to sell her property to the County. Negotiations have been ongoing for over a year. Establishment of an expiration date of CEURA’s offer to assist in relocation up to $20,000 was suggested in order to stimulate a decision by SinSations. Motion to extend our offer to participate in the relocation of SinSations in the amount of $20,000 to April 30, 2007, at which time our offer is to be rescinded: Hopper/Nancolas M/S/P Chairman Waite introduced five proposals for Indian Creek financing. Proposals were reviewed and discussed. Further action will be taken at subsequent meetings. Financial Report provided by Rob Hopper: December 31, 2006 Ending Balance Earnings F&M Money Mkt 598,677.39 1,315.35 F&M Business Acct 5,284.39 n/a F&M Indian Creek 1,058.61 .99 Local Gov’t Pool 809,502.18 3,278.58 Motion to approve the financial report: Fouts/Hopper M/S/P February 6, 2007, CEURA, Page 4 Rob Hopper presented the following invoices for payment: $ 100.00 Assoc Taxpayers of ID Download Draw $ 210.00 Ship It Poster copies – Indian Creek $ 292.60 Idaho Press Tribune Advertisement – Restoration Project $ 313.72 Idaho Statesman Advertisement – Restoration Project $ 507.53 YMCA Annual Membership $ 1,350.00 Fultz Design Mktg, Bill Boards, Posters – Indian Creek $ 2,100.00 Eide Bailey URA Audit $ 4,087.00 City of Caldwell Ordinance Violation – Ward Rd. School Site $ 20,000.00 Duane’s H/C Relocation $ 116,221.58 Lambert Construction Asbestos removal – multiple buildings $ 130,000.00 C/CEDC MOU Funding / Dept of Commerce lot $1,000,000.00 Caldwell YMCA Annual Payment Book Entry ONLY: $ 557,881.25 Wells Fargo Bank Revenue Allocation Bond: Book Entry Motion to approve invoices for payment: Hopper/Fouts M/S/P The next meeting will be held at the City Administrative Offices @ 411 Blaine on Tuesday, March 6, 2007 at 12:00 noon Motion to adjourn: Fouts/Hopper M/S/P Meeting adjourned @ 1:20 p.m. Respectfully submitted, Leona Fouts Secretary