The URL can be used to link to this page

Home My WebLink About2015-07-21 URA MINUTES REGULAR MEETING MINUTES CALDWELL URBAN RENEWAL AGENCY JULY 219 2015 12:00 P.M. (ROLL CALL) The regularly scheduled meeting of the Caldwell Urban Renewal Agency convened at 12:00 p.m. in the Caldwell Police Department Community Room with Vice-Chairman Pollard presiding. Roll was called by the secretary. Present: Commissioner Hopper (via phone), Commissioner Pollard, Commissioner Callsen,Commissioner Biggers,and Commissioner Ozuna(via phone). Absent:Commissioner Feucht. Staff Present: E1Jay Waite,Steve Fultz,Brent Orton,and Robb MacDonald. (CONFLICT OF INTEREST DECLARATION) None. (AMEND/APPROVE AGENDA) MOVED by Callsen, SECONDED by Ozuna to amend the agenda by adding three items under New Business to read: "Request by the City of Caldwell to consider URA funding for the round-about project to be located at the intersection of Lake Avenue&Ustick Road, for the relocation of the Canyon Hill Lateral Canal at the Caldwell Industrial Airport,and for street improvements associated with the CCOA agency location project 5th and E. Madison." MOTION CARRIED SPECIAL PRESENTATIONS None. PUBLIC COMMENTS None. CONSENT CALENDAR: 1. Approve minutes from the Urban Renewal Agency Regularly Scheduled Meetings held on June 16,2015,July 91 2015,and July 14,2015; 2. Approve Resolution authorizing the execution of the Real Estate Purchase Agreement with Rick and Cindy Wells for property located at 602 Main Street. MOVED by Callsen,SECONDED by Biggers to approve the Consent Calendar as presented. Roll call vote. Those voting yes: Callsen, Biggers, Ozuna, and Hopper. Those voting no: none. Absent and/or not voting:Feucht. MOTION CARRIED OLD BUSINESS: (ECONOMIC DEVELOPMENT ACTIVITY REPORT (JUNE/JULY 2015)—STEVE FULTZ} Project I-Way: Continue working with business and developer...revisiting URA owned site in Sky Ranch as potential location for expansion. Project Aspen: Canadian-based manufacturer, considering U.S. location. Submitted additional information on sites, demographics, FTZ,and incentives again in May. First phase of project would be PAGE 1 OF 5 40,000 to 50,000 square feet, with expansion of up to 100,000 square feet. 40-50 jobs initial phase. Considering options. Project Moon: was in the Boise Valley for a quick site visit, will assess sites and narrow search in the next 2 weeks. Large manufacturer needing 260,000 square foot facility, 253 jobs. Caldwell site (Sky Ranch/URA property) Project Green Light: Spoke with the owner in early June, project is still considering site in Sky Ranch/URA owed property for future investment of business. Construction of a 20,000 square foot facility(initial phase) Project Drill: New project, considering 20,000 sq. ft building to construct in Sky Ranch on 2 acres. Execution of the LDI is now contingent upon the sale of their existing facility...has stalled (according to their representative). Project Hurt: new project...potential downtown site...working with realtor and downtown property owner. Project One—Still interested in a downtown lease space, could also be a retail/residential mix (market rate). Project Out...Project located in East Caldwell site—has met with red carpet team to discuss development. Project AgWay...new and expanding business to Caldwell...has eliminated Sky Ranch site, but still considering a location in Caldwell. Still an active site. Project Wake: New lead (from site selector in Portland) on distribution center considering the Ontario/Fruitland/Caldwell market. Desirous of existing building 75,000 to 200,000 square foot; or build to suit. Information submitted on Sky Ranch site. Meeting with potential developer in Sky Ranch. Project roundabout: retail consideration for downtown Caldwell. Met with property owners on a lease and/or sale and redevelopment of site. Project Aviator: New project of commercial use in downtown Caldwell. Meetings with property owners and developer representatives...early stage discussion. Project Cap: New project for downtown...met with potential developer and property owner to discuss opportunities...early stage discussion. Project Ghost: new project for Sky Ranch...distribution facility considering Treasure Valley and Magic Valley for location. 35,000 to 50,000 sq.ft. Looking for existing space...will show Van Auker property in Sky Ranch...desire to be moved in late November. Project Interstate: New project for manufacturer. Site visit to Sky Ranch in June...50+ jobs to build 40,000+square foot facility. NEW BUSINESS: (CONSIDER RESOLUTION AUTHORIZING THE EXECUTION OF THE LETTER OF INTENT FOR SALE OF REAL PROPERTY LOCATED NEAR THE CALDWELL AIRPORT AT THE NORTHEAST CORNER OF LINDEN&SMEAD PARKWAY-MICHAEL LEMRICK) Steve Fultz provided the staff report and noted that Mr. Lemrick recently sold his current building site on Industrial Way to Airstream Manufacturing. Discussions have been held with Mr. Lemrick concerning his relocating to 7.4 acres located at the Sky Ranch Business Park which is owned by the Urban Renewal Agency. A lease of approximately three(3)acres of City of Caldwell Airport property PAGE 2 OF 5 would also be available to Mr.Lemrick. The Urban Renewal Agency would acquire 23 acres owned by Mr. Lemrick at Smeed and Slipstream. He noted that discussions had also be held concerning Mr. Lemrick's ability to have first right of refusal on four additional properties immediately north of the existing site as well as on a 2.5 acre site at Challenger Way. The sale price for the 7.4 acres is$1.36 per foot and the acquisition price would be $1.10 per foot. The parcel at the end of the cul-de-sac on Challenger Way is already serviced with utilities. In response to questions from Commissioner Biggers,Mr. Fultz stated that there would no infrastructure needs concerning the parcel in Sky Ranch Business Park. The airport lease property would be a portion of property located outside of the future runway protection zone. This parcel is without improvements and is not farmable due to its awkward shape. Mike Lemrick, owner of Gem State Manufacturing, spoke in favor of the request. He noted that the agreement with Airstream is to vacate the existing site by the end of August. In response to questions from Commissioner Callsen, Mr. Lemrick stated that he is in agreement with the first right of refusal clause on the four additional properties. Mr. Lemrick stated that an interim lease agreement on the 7.4 acres, which could be exercised at a later date,would be sufficient due to the time sensitivity of this matter. ElJay Waite, addressed the financing issues of the two property purchases. Instructions would be given to Pioneer Title Company to prepare documents for both the Lemrick Property and the Urban Renewal property. The closing of the properties would be a simultaneous transaction. It was noted that the Letter of Intent has been reviewed by both parties. Discussion followed concerning the creation and content of a lease agreement for the airport property. MOVED by Callsen, SECONDED by Biggers to accept the letter of Intent of Intent for Sale of Real Property from Lemrick Properties,LLC. MOTION CARRIED Roll call vote. Those voting yes: Callsen,Biggers,Ozuna,and Hopper. Those voting no: none. Absent and/or not voting:Feucht. MOTION CARRIED MOVED by Callsen, SECONDED by Biggers to instruct staff to move forward in formulating the necessary lease and closure documents. MOTION CARRIED (CONSIDER INVOICES FOR PAYMENT FROM TREASURER) E1Jay Waite,URA treasurer,presented the following invoice for payment: VENDOR AMOUNT DESCRIPTION Motion Industries $179500.00 BIG Grant Payment#3 Hamilton,Michaelson&Hilty $ 1,642.50 June Attorney Fees Sky Ranch BOA $ 29150.39 Association Fees Cascade Aircraft Maintenance $16,250.00 BIG Grant Payment#6 TVCC $151,980.41 Return Lease Overpayment TOTAL $539523.30 PAGE 3OF5 In response to questions from Commissioner Biggers,Mr. Waite stated that the Business Incentive Grant with Cascade Aircraft Maintenance is still active. MOVED by Callsen,SECONDED by Biggers to pay the invoices as presented. MOTION CARRIED (FINANCE AND ACTIVITY REPORT FROM TREASURER) Bank of the Cascades Business Checkifl& Ending Balance Earnin sFees Tax Deposits June 30,2015 $331769327.56 $184.98 $1919187.58 Bank of the Cascades Time CD#1 Ending Balance Earnin s June 30,2015 $2509000.00 Balance will remain constant. Interest earnings deposited to Business Checking Local Government Investment Pool Ending Balance Earnin s June 30,2105 $1081509.33 $24.13 Zions Bank Bond Debt Service Ending Balance Earnin s June 30,2015 $3,9861828.06 $133.72 MOVED by Callsen, SECONDED by Biggers approve the financial report as presented. MOTION CARRIED MOVED by Callsen, SECONDED by Biggers to approve the payment to Pioneer Title for the purchase of Rick and Cindy Wells property at 602 Main Street in the amount of$100,296.42. MOTION CARRIED (CONSIDER FUNDING APPROVAL FOR PROJECTS: ROUNDABOUT AT THE INTERSECTION OF USTICK AND LAKE AVENUE, THE RELOCATION OF THE CANYON HILL LATERAL LOCATED AT THE CALDWELL AIRPORT, AND STREET IMPROVEMENTS ASSOCIATED WITH THE CCOA RELOCATION AT 5TH&MADISON) Brent Orton and Robb MacDonald provided information and cost estimates for the projects: Roundabout at Ustick&Lake: $350,000 Relocation of the Canyon Hill Lateral: $165,000 Street improvements at 5h&Madison for the uCOA relocation project: $52,000 MOVED by Hopper, SECONDED by Callsen to consider these three projects as part of the Urban Renewal Agency upcoming budget discussions for FY-2015-16. MOTION CARRIED EXECUTIVE SESSION PURSUANT TO IDAHO CODE, SECTION 74-2469 SUBSECTION (C) FOR THE PURPOSE OF DISCUSSION OF ACQUIRING AN INTEREST IN REAL PROPERTY NOT OWNED BY A PUBLIC AGENCY MOVED by Callsen, SECONDED by Biggers to convene into Executive Session pursuant to Idaho Code, Section 74- 206,Subsection 1(c)for the purpose of discussion of acquiring an interest in real property not owned by a public agency at 1:00 p.m. Roll call vote. Those voting yes: Callsen, Biggers, Ozuna, and Hopper. Those voting no: none. Absent and/or not voting:Feucht. MOTION CARRIED MOVED by Biggers,SECONDED by Callsen to reconvene into Regular Session. PAGE 4 OF 5 (CHAIRMAYS None., (COMMISSIONER REPOWIS) Commissioi'ler 'reported that the new tenants at� 217 Kiniball Avenue are open for business�. 'The have cleaned Ull the propertycand appeat-to have a viable bu,siriess at the site. ry Approved as writte,"P., w 1 � of'Augtist,2015. ; ji r 9° C � MMISSI P� Nk/0— 05101/1111" .wn COMMISSIONER � ICI Of IRMO COMMISSIONER POLLARD CC)MMISSIONER BI(3GER.S t ap T'.a..E S T: Pd,A G46 Debblie Geyer,URA Secreta xxe� ON rT N 0 PACE 5 OF 5 5 6' I' `p`��,• al � I 4 �� .. }.r. f �, ,