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HomeMy WebLinkAbout2016-02-29 URA MINUTES SPECIAL MEETING-WORKSHOP MINUTES CALDWELL URBAN RENEWAL AGENCY February 29,2016 7:00 p.m. (ROLL CALL) The special called meeting of the Caldwell Urban Renewal Agency convened at 7:00 p.m. in the Caldwell Police Department Community Room. Chairman Hopper presided over the meeting. Present: Commissioner Hopper, Commissioner Callsen, Commissioner Pollard, and Commissioner Stadick, and Commissioner Ozuna. Staff Present: Mark Hilty,Carol Mitchell,Brent Orton,Mayor Nancolas,and ElJay Waite. (DISCUSS THE URBAN RENEWAL AGENCY INCREMENT REVENUE PROJECTIONS IN ASSOCIATION WITH BUDGETARY DETERMINATIONS) Mark Hilty, 1303 South 12th Avenue, Nampa, provided a draft copy of the Rehabilitation Program Policy (Building Facades) for discussion. He outlined the contents of the document and noted the importance of formulating local business improvement districts by the business owners in partnership with the Agency. Such districts would make funds available to incentivize private investment and improvement to building facades. The draft General Incentive Guidelines were read: A. Initially,the Rehabilitation Program area shall be limited to that portion of the Revenue Allocation Area and Project Area bounded by the UPRR right-of-way on the northeast, South IOth Avenue on the southeast, Indian Creek on the southwest, and South 5th Avenue on the northwest. Agency may restrict the Rehabilitation Program area further based upon anticipated and available funds. B. Fagade improvements must be aesthetically consistent with the Framework Master Plan and Chapter 10,Article 12 of the Caldwell City Code as determined by the design review process set forth in the Caldwell City Code. C. Projects assisted by this Rehabilitation Program must result in significant improvements to the property,eradication of blight and meet the general safety,quality and other construction standards set forth in the City's buildings codes and applicable ordinances. D. Projects assisted by this Rehabilitation Program must be constructed by appropriately licensed contractors selected by the City in compliance with competitive bidding requirements for work on the local business improvement district. E. Agency may condition an award upon assurances that the project is pursued for, and will be used in good faith for economic development and elimination of blight. Award conditions may require reimbursement if program funds are used primarily for improving properties for resale or otherwise speculating in real estate. Eligible Projects: Properties meeting the foregoing guidelines, and successfully petitioning the City Council for creation of and participation in a location improvement district. Incentives: A. Agency shall, prior to the passage of the ordinance confirming the assessment roll, pay to City thirty-five percent (35%)of the cost assessed against each lot and parcel within the local business improvement district. B. Agency shall pay all interest due on that portion of the cost assessed against each lot and parcel within the local business improvement district provided the principal is timely paid by the property owner. C. Agency shall assure that all costs necessary to the formation of the local business improvement district are paid without assessment to participating properties. Such costs may include competitive bidding, design work, public notice and similar costs. Mr.Hilty reported on the fagade improvements estimates: $385,000 approximate cost on the buildings $135,000 Agency portion of incentive Page ] of 3 Sprinkler Installation estimates: $3.25 per square foot/20,000 sq,feet=$65,000 Match from Agency: $32,500 Brent Orton, 621 Cleveland Blvd., reported that the estimates include cutting in a store-front entrance opening to the plaza. The facade assistance program would support the owners in bringing the building to code compliance. A change of use of the building would be determined by the Building and Planning & Zoning Departments, He explained the qualifications of the Business Improvement District (B.I.D.)program versus the Business Local Improvement Districct (B.L.I.D.)program. (DISCUSS THE PROPOSED DOWNTOWN REVITALLIZATION INCENTIVE PROGAM) E1Jay Waite,411 Blaine Street,provided a spreadsheet entitled"Tax Year 2015—CEURA Increment Revenue Estimate" and outlined its content. He noted that the taxing districts include the Canyon County Highway District,Canyon County, Caldwell School District,Vallivue School District,College of Western Idaho,and the Caldwell Rural Fire District.Other taxing districts with limited project potential include the Mosquito Abatement District, the Flood Control District #11, the Notus-Parma Hwy.#2 District,and Nampa Fire. Two debt service bonds (2006 & 2008) are outstanding to cover improvements and expansion of the sewer treatment plant. The difference between total increment and other revenue versus debt service and budget expenditures totaling $151,499. He presented a handout showing the content of Title 50,Chapter 20,concerning the Urban Renewal Law versus Title 50, Chapter 29 dealing with the Local Economic Development Act. In response to questions from Commissioner Stadick,Mr. Waite provided information regarding the TVCC lease. Garret Nancolas,411 Blaine Street, recommended the consideration of priorities for the future from the Urban Renewal Agency.Projects should be brought forward from the City Council to the Urban Renewal Agency for their consideration. He asked the URA Commissioners to consider the priority of the various projects: • Sky Ranch Industrial Incentive Program. All of the URA land could be sold within the next few weeks. The potential of approximately 500 jobs could be available for the community through the development of these parcels. • Business Incentive Grants • Downtown Plaza • Sewer&Water Projects • Airport Expansion Projects The Mayor recommended that action be taken concerning the downtown B.I.L.D. project. The 65% - 35% ratio is modeled after the Community Development Block Grant (CDBG) process. The facade program is a worthwhile program to help create jobs,support our local business owners,and improve the aesthetics of the downtown. Chairman Hopper recommended that the information discussed this evening be included on the upcoming Urban Renewal Agency Meeting to be held on March 14t`at 7:00 p.m. (ADJOURNMENT) The meeting adjourned at 8:22 p.m. Page 2 of 3 Approved as written this "'day of-Marcli,2016. 17 1/1 y �70MMISSIONER -1 ER C I I � ATTEST: Debbie Geyer, UR-A ecl'a 4 OW Ox 4 Aar pr G Page 3 ) a. C?, ys' r r��! t} _ � �I r .:iSc�'e o-a. 4!L of. .i r '7: 93 a :� k ��_