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HomeMy WebLinkAbout2017-03-13 URA Minutes CALDWELL URBAN RENEWAL AGENCY Monday, March 13,2017 7:00 P.M. REGULARLY SCHEDULED MEETING ROLL CALL CONFLICT OF INTEREST DECLARATION APPROVE AGENDA SPECIAL PRESENTATIONS PUBLIC COMMENTS CONSENT CALENDAR I} Approve minutes from the Urban Renewal Agency Regularly Scheduled Meeting held on February 13, 2017; 2) Approve Resolution authorizing the acceptance of the Phase One (Preconstruction Services) contract for Construction Manager/General Contractor Services for the Indian Creek Plaza Project in the amount of $64,463 as approved by Caldwell City Council on January 24,2017. OLD BUSINESS 1) Economic Development Activity Report from Steve Fultz(February 2017). 2) Economic Development Activity Report from Keri Sigman(February 2017). NEW BUSINESS 1) Consider invoices for payment from the Urban Renewal Agency Treasurer: Vendor Amount Description Eide Bailly 691 00.00 FY2016 Audit Fees City of Caldwell 700.00 Reimbursement for:Tenant Vacate Incentive/Sweetwater Building Vitoria Spradlin 700.00 Tenant Vacate Incentive/Sweetwater Building GGLO 68,312.37 Downtown Plaza Design Fees:January HMH 4,500.00 Attorney Fees 1 February City of Caldwell 18,000.00 Econ Dev Contribution 1 March Sky Ranch Real Estate 57,465.00 A-Drain Pipe Re-allocation Costs:Fresca Land Sale McAlvain Construction Inc 291Y769.90 Downtown Plaza Construction Costs TOTAL _ $1859547.27 2) Treasurer's Report: a. Approve Monthly Cash Reconciliation Report. b. Report: Projects Update ■ Smee d R:2-3l ignment Project ■ 500 Lateral Relocation Project ■ CSD Improvement Project ■ Indian Creek Plaza Project 3) Attorney's report. 4) a. Discussion concerning URA Board restructure. 5) Chairman's report. 6) Commissioner reports. 7) Motion to adjourn. Next Urban Renewal Regular Meeting: Monday,April 10,2017 at 7:00 p.m. Location: Community Room at the Caldwell Police Station at 110 South Fifth. Any person needing special accommodations to participate in the meeting should contact the Secretary to the Urban Renewal Agency at 411 Blaine Street or call#455-4656 prior to the meeting. The entire agenda packet and minutes may be viewed on the City of Caldwell's website:http:llwww.citvokaidwell.com/page/AgendasT/or http:/www.city-ofcaidwell.com/1889447. Cualquier persona que necesita arreglos especiales pars participar en la reunion debe comunicarse con el Secretario de la Ciudad en 411 Blaine Street o 11ame al#455 a 4656 antes de la reunion. Regular Meeting MINUTES CALDW E LL URBAN RENEWAL AGENCY March 13,2017 7:00 p.m. (ROLL GALL) The regularly scheduled meeting of the Caldwell Urban Renewal Agency convened at 7:00 p.m. in the Caldwell Police Department Community Room with Chairman Hopper presiding. Roll was called by the secretary. Present: Commissioner Hopper, Commissioner Callsen, Commissioner Stadick,Commissioner Allgood,and Commissioner Ozuna. Absent: Commissioner Pollard (CONFLICT OF INTEREST DECLARATION) None. (AMEND/APPROVE AGENDA) MOVED by Callsen, SECONDED by Stadick to amend the agenda by adding Item#3 to the Consent Calendar to read: "Approve Resolution authorizing the payment for invoice 45420 from Cascade Fence Company in the amount of$6,412.00 associated with the Caldwell High School Improvements Project." (Reason: The information was received from Beniton Construction after the agenda was posted.) and "Approve Resolution raging the approval and execution of a Purchase & Sale Agreement with Corey Barton for the sale of property owned by the Agency and held for redevelopment and the purchase of property owned by Corey Barton." (Reason: The infon-.iation concerning this item was received from the City Attorney after the agenda was posted.) Chairman Hopper clarified that the Consent Calendar item would be labeled as Item #3 and the New Business Item would be labeled as Item#2(c). MOTION CARRIED MOVED by Stadick, SECONDED by Callsen to approve the agenda as amended. MOTION CARRIED (SPECIAL PRESENTATIONS) None. (PUBLIC COMMENTS) None. (CONSENT CALENDAR) 1) Approve minutes from the Urban Renewal Agency Regularly Scheduled Meeting held on February 13, 2017; 2) Approve Resolution authorizing the acceptance of the Phase One (Preconstruction Services) contract for Construction Manager/General Contractor Services for the Indian Creek Plaza Project in the amount of $641463 as approved by Caldwell City Council on January 24,2017. 3) Approve Resolution authorizing the payment for InvoicicO #5420 from Cascade Fence Company in the amount of $5,412.00 associated with the Caldwell High School Improvements Project. [ADDED] MOVED by Callsen,SECONDED by Ozuna to approve the Consent Calendar as amended. Roll call vote: Those voting yes: Callsen Stadick, Allgood, Ozuna, and Callsen. Those voting no: none. Absent and/or not voting: Pollard. MOTION CARRIED Page I of 6 OLD BUSINESS: (FEBRUARY ECONOMIC DEVELOPMENT REPORT—STEVE FULTZ) Project FBO: Continued discussions are ongoing with property owner on potential site for development at the Caldwell Industrial Airport. Project Powder: Idaho Commerce lead, Taiwanese milk powder producer looking at Idaho. 60,000 sq. ft. existing building needed. Considering Strider Group building in Sky Ranch as a potential site in our area. Submitted additional information in February. Land options: Continue working with property owners on potential land acquisition for industrial use. Project Store: New Project from Hansen-Rice. Working with light manufacturing business needing 12-15 acres for manufacturing site and yard. Creation of 75 to 150 jobs. Project also considering other site in the Boise Valley. Project Inspire: 70,000 to 90,000 sq. ft. office space. Considering site in Sky Ranch along with multiple other sites in the Boise Valley. Little communication over the past 30 days, still considered an active project by BVEP. Project Supply: Office and distribution development considering Sky Ranch area for expansion. Site visit in November...further discussion in and submitted additional information in February. Project Fountain: Business considering Caldwell location for expansion of Distribution Center and light manufacturing. Site visits in October and November. Further discussion continuing. Project may be considering site in Sky Ranch. Project Cold: New project for another food processing equipment manufacturer from Canada. Desires 6-8 acres to build facility. User of the FTZ. Up to 100 manufacturing jobs to be created. Project Well: A new project looking for 2-3 acres for a light manufacturing facility. Considering URA owned lot on Challenger Way and other options in Sky Ranch. 20-30 new jobs in a 25,000 sq. ft.building. Project Russell: Past project that had gone "dark" has been revived. Needed 15-20 acres for an international food processing business. 300+ jobs with $20+ million investment. Numerous communications with the prospect, with detailed site and incentive information provided. Business made site visits in February. (FEBRUARY ECONOMIC DEVELOPMENT REPORT—KERI SIGMAN) • Indian Creek Plaza: Completed teams meetings to complete the 90%Design Development documents with GGLO. Selected McAlvain as the contractor. Extensive budget work completed. Continued Sweetwater building renovation planning with contractor, engineers, and planning team. Coordinator and POC for Sweetwater tenants. Joint workshop with City Council and the URA Commissioners was held on 2113117 concerning the plaza design with GG La. Coordination meetings with each plaza property owner along 7th Ave and Main St regarding utility connections and fagade status updates. • Buxton Co: Strider Group continued recruitment for West Canyon Marketplace utilizing Buxton leads. • College Marketplace: Follow up with Rocky Mountain Development Co for future tenants. From Grace Senior Community's website: "We are excited to announce the newest addition to our Grace community in downtown Caldwell, at the corner of 21 st and Chicago. It will include apartments for Independent Living,Assisted Living and Memory Care. This beautiful state of the art facility will be our first to use renewable energy and is scheduled to open June 2017." • Trolley Square Project: ongoing work with Reel Theatre, Gardner Co. and Hopkins Financial development teams regarding next steps for theater. • FaVade Architectural Team: Continued work with Brian Billingsley on incorporating the design standards into a pending draft City Center Zoning Amendment. Completed the application process for the City Downtown Incentives(sprinklers,LID,and fagade improvements). • Community Development Block Grant (CDBG): Coordinated overlapping CDBG and downtown revitalization projects with Elizabeth McNannay. Page 2 of 6 • Saratoga: Continued Development Agreement negotiations with Saratoga Hospitality, LLC (formerly listed as Caldwell Hospitality, LLC}. Coordinated work with contractor and developer on timing and other development related progress. Ideal Demolition contractors on site to demolish buildings. It was noted that changes with the architectural plans have changed. The building will be a three story building rather than four story as originally considered. They will serve a standard continental breakfast, wine cellar and wine tasting room. No restaurant will be included in the facility. ■ Paul's Vacant Site: Coordination efforts with a real estate agent on redevelopment potentials. ■ Together Treasure Valley: Coordinated a team to plan and implement Indian Creek Musical Art Park. A check will be presented to the City of Caldwell on Wednesday with Council President Callsen receiving the grant funding. The Request for Artists is in process and will be distributed by the end of the month. Recruitment ■ Restaurants • Event Space • Health Services • Retailer • Insurance Company • State Bird Public House:restaurant and taproom coming late summer 2017. http://statebirdidaho.com • Caldwell Starbucks opened for its first official business day on 2/27/2017. Business Retention and Expansion retaining and expanding existing businesses is a surer economic development bet than recruiting new ones from other towns. Extension helps communities understand local business needs and respond - so that businesses stay, grow, and become more committed to the community.Worked with business owners to relocate existing local businesses to other Caldwell locations where expansion is possible. • Indian Creek Steakhouse expanded business hours to include lunch. Ribbon Cutting on 21112017. • Nelson RV BR&E visit — bought out by Camping World for a new Camping World RV SuperCenter location. hgp://inves(or.caml2ingworld.com/press-releases/press-release-details/2017/-Camping-World- Expands-Idaho-Presence-)vith-Planned-Acquisition-of 1 ielsons-RV/default.aspx • Puzzle Madness USA: BR&E visit. Looking at a large spring expansion of this unique puzzle, game, and flag retail store. • Sassy Gals Boutique: BR&E visit-western clothing and accessories boutique in downtown Caldwell. Other • Professional meetings with various industries regarding downtown redevelopment. • Marketing: designed an ad for the Chamber and Sunnyslope Wine Trail for an upcoming issue of the Salt Lake Magazine Getaway Issue. Preliminary work on developing a new video that will highlight downtown redevelopment and the business recruitment possibilities. NEW BUSINESS: (CONSIDER INVOICES FOR PAYMENT FROM THE URBAN RENEWAL AGENCY TREASURER) ElJay Waite presented the list of invoices and recommended their approval for payment: Eide Baill $61100.00 FY 2016 Audit Fees City of Caldwell $700.00 Reimburse: Tenant Vacate Incentive—Sweetwater Building Vitoria S radlin $700.00 Tenant Vacate Incentive--Sweetwater Buildin GGLO $68,312.37 Downtown Plaza Design Fees: Janu HMH $4,500.00 Attorney Fees--Febru City of Caldwell $18,000.00 Economic Development Contributions-March Sky Ranch Real Estate $57,465.00 A-Drain Pipe Reallocation Costs: Fresca Land Sale McAlvain Construction Inc. $299759.90 Downtown Plaza Construction Costs TOTAL $185,547.27 MOVED by Stadick, SECONDED by Allgood to approve payment of invoices as presented by ElJay Waite. MOTION CARRIED Page 3 of 6 (TREASURER'S REPORT) A. Approve monthly cash reconciliation EIJay Waite outlined the monthly cash reconciliation report: Bank of the Cascades Business Checking Ending Balance Restricted Amount February 28,2017 $6941 89427.58 $298189778.91 City Projects—Unrestricted: $194451126.10 URA Projects—Unrestricted: $2,154,522.57 Bank of the Cascades Time CD#I Ending Balance I February 28,2017 $2509000.00 Balance will remain constant. Interest earnings deposited to Business Checking Local Government Investment Pool Ending Balance February 28,2017 $1 09,301.90 Zions Bank(Bond Debt Service) Ending Balance February 28,2017 $596775443.18 MOVED by Ozuna, SECONDED by Allgood to approve the Treasurer's Report as presented by ElJay Waite. MOTION CARRIED B. Project Updates E1Jay Waite provided updates on the current projects: ■ Smeed Realignment Project: This project is in design and should begin within thirty days. As weather permits, the Street Department will begin construction of the realignment. Contractors will be assisting. It will align across the 500 Lateral along Linden and will be available for irrigation services. • 500 Lateral Relocation Project: Extra costs of approximately$150,000 occurred for allowance of additional pipe since an alternate route was necessary. Appreciation was expressed to the Water Department for their assistance. ■ CSD Improvement Project: This project will conclude at the end of March. The project was under budget by$40,000. • Indian Creek Plaza Project: There will be accounting of the plaza costs itself, the Sweetwater building remodel which will house the refrigeration equipment for the ice rink, and the power relocation down the alley from 5'b Avenue to the plaza location. A meeting is scheduled for Friday morning to review the budget. (APPROVE RESOLUTION RATIFYING THE APPROVAL AND EXECUTION OF A PURCHASE & SALE AGREEMENT WITH COREY BARTON FOR THE SALE OF PROPERTY OWNED BY THE AGENCY AND HELD FOR REDEVELOPMENT AND THE PURCHASE OF PROPERTY OWNED BY COREY BARTON) [ADDEDI Steve Fultz, Economic Development Coordinator, provided the staff report noting that he had been directed by the Urban Renewal Commissioners to move forward in looking at additional property. Several months ago the Hickman property (22 acre parcel) located on the corner of KCID Road and Linden was acquired. The second piece of property which is being considered tonight is immediately north of the Hickman parcel and is approximately 40 acres in size. The land transaction has been negotiated with Corey Barton and John Laude. It is the intent that a fourteen acre parcel owned by the Urban Renewal Agency located in Delaware Park would be exchanged plus cash for the additional forty acre parcel. Page 4 of 6 E1Jay Waite spoke to the request stating that the Purchase & Sale Agreement will be updated with the current appraisal figures. The action considered is the purchase of the Corey Barton property by URA and the sale of the URA property on Ward Road from a separate appraisal. Appraisals were conducted on both parcels. He noted that the final Purchase & Sale Agreement will be provided by the City Attorney for execution by the Chairman. The two appraisals will be referenced in the final Purchase & Sale Agreement, the estimate for construction of Skyway (half being paid in a credit by Corey Barton and the other half by URA), and the dedication of right-of-way by both parties for Skyway Drive. In response to questions from Chairman Hopper, ElJay Waite confirmed that the next cost to the Agency for the land transaction would be approximately $1.6 million reduced by $413,000 for a total of approximately $I.2 million. He noted that the $413,000 is the appraised cost of the residential parcel - 67 cent per square foot/$26,000 per acre. The Corey Barton parcel will be purchased at$1.15 per acre as industrial acreage. In response to questions from Commissioner Callsen, Mr. Waite explained that revenue was received from the Fresca property thus allowing for the purchase of the proposed industrial parcel. Aaron Seable stated that Mark Hilty and ElJay Waite have viewed the final document but noted that he inadvertently provided the working draft copy for tonight's meeting. Read the Resolution by title only: A RESOLUTION BY THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO RATIFYING THE EXECUTION THE PURCHASE & SALE AGREEMENT WITH COREY BARTON FOR THE SALE OF PROPERTY OWNED BY THE AGENCY AND HELD FOR REDEVELOPMENT AND THE PURCHASE OF PROPERTY OWNED BY COREY BARTON AND PROVIDING FOR THIS RESOLUTION TO BE IN EFFECT UPON ITS PASSAGE AND APPROVAL WITH VERIFICATION OF THE FINAL NUMBERS ACCORDING TO LEGAL COUNSEL AND THE AGENCY TREASURER. MOVED by Callsen, SECONDED by Ozuna authorizing the approval of the Purchase and Sale Agreement subject to the finalized document confirmed by the City Attorney and Urban Renewal Agency Treasurer. Roll call vote: Those voting yes: Callsen Stadick, Allgood,and Ozuna. Those voting no: none. Absent and/or not voting: Pollard. MOTION CARRIED Chairman Hopper will be out of the area next week and not available for signature. (ATTORNEY'S REPORT) Aaron Seable reported on upcoming URA board restructuring requirements as outlined in the Idaho State Statute. Discussion followed concerning the three options available for consideration. It was determined that legal counsel will continue their research of the appointment options and will report back in April with a draft ordinance which would be considered by City Council. It was noted that the ordinance must be approved,published and new board appointees in place by the June URA meeting. The City of Nampa has already appointed new members to their Urban Renewal Agency board. CHAIRMAN'S REPORT) None. (COMMISSIONER REPORTS) None. (ADJOURNMENT) MOVED by Ozuna,SECONDED by Stadick to adjourn at 8:18 pm. 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