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HomeMy WebLinkAbout2018-07-09 URA MINUTES CALDWELL URBAN RENEWAL AGENCY MINUTES 7:00 P.M. Monday,July 9,2018 (ROLL CALL) 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. The secretary called roll. Present: Commissioner Hopper, Commissioner Porter, Commissioner Warwick, Commissioner Stadick,Commissioner Allgood, and Commissioner Ramirez. (CONFLICT OF INTEREST DECLARATION) None. (APPROVE AGENDA) Commissioner Porter requested that the agenda be amended by removing Item #2 under the Consent Calendar and add an Executive Session pursuant to Idaho Code, Section 74-206, Subsection (c) for the purpose of discussing the acquisition of or an interest in real property not owned by a public agency. MOVED by Warwick,SECONDED by Ramirez to approve the agenda as amended. MOTION CARRIED (SPECIAL PRESENTATIONS) " Cheyenne Robinson, Fort Worth, Texas of the Buxton Company provided a PowerPoint presentation concerning updates relating to potential trade opportunities in Caldwell. (PUBLIC COMMENTS) None. (CONSENT CALENDAR) 1) Approve minutes from the Urban Renewal Agency Regularly Scheduled Meeting held on June 11, 2018 and the Special Urban Renewal Agency Meeting held on July 18,2018; 2) Approve Resolution authorizing sewer service improvements along Smeed Parkway not to exceed $35,000. EREMOVEDI MOVED by Porter, SECONDED by Stadick to approve the Consent Calendar as printed. MOTION CARRIED OLD BUSINESS: (JUNE 2018-ECONOMIC DEVELOPMENT REPORT—STEVE FULTZ) Current Projects Project Arrow: An aerospace business from California is considering a site in Skyway Business Park. Initial facility of 40,000 sq. ft. Working with the company's local representative on this project, and with corporate officers from Michigan. Initial job creation is 70 jobs at an average wage of $90,000/yr. Continue to work on site in Caldwell near the airport. Project Hook Continue working with company from eastern U.S. on western presence...needing 25,000 sq. ft. site for light manufacturing site producing recreation equipment. 15f employees. Si?e visit in April. Weekly calls on the development. Will be a heavy user of FTZ. Page 1 of 7 Project Supply: Continue working with Van Aukers on another project in Caldwell that would require the construction of a 60,000+ sq. ft. office and distribution center. Primary site is in East Caldwell. Discussions continue with the business and with the developer. Project Silver Lea£..new project light manufacturer, needing 10-20 acre site for construction of facility. Considering Sky Ranch property owned by Freehold Development for location. Provided site analysis to BVEP(lead generator). Property Search for potential industrial development...With all the absorbed industrial acreage in Sky Ranch, now in the process of site analysis for other opportunities in the Caldwell UR district. Continued discussions with area developers and brokerages for input. Project Data: new project considering Sky Ranch area. Significant investment, few high paying jobs. Heavy user of power. Project Skyfall: potential opportunity in Sky Ranch area. Development of several spec industrial buildings in the area on privately held property. Airport Project: completed appraisal on property east of the Airport terminal. In discussion with property owner and their representatives. Strider Group: A new building in Sky Ranch will be breaking ground tomorrow. Syringa Network,Bio West,and South Worth and Sky Ranch. (DUNE 2018-ECONOMIC DEVELOPMENT REPORT—KERI SIGMAN) Proiects• Indian Creek Plaza: Soft opening will take place tomorrow. Preparation underway for the grand opening on July 121. Local Business Improvement District: Ongoing coordination for plaza fagade construction projects. Trolley Square Project: Luxe Reel Movie Theater is now open. Assistance provided to the Gardner Company on two remaining retail pads. One retail pad is under construction along 1011&Arthur. College Marketplace: Grace Assisted Living is now open. Primary Health also held a ribbon cutting ceremony on site. Creekside Redevelopment RFP: Solicited responses to the Request for Proposals for the Creekside Redevelopment formally known as the Saratoga Hotel Site Redevelopment Project. Two proposals were submitted. Buxton: Learned about new Scout Analytics Platform, worked with a developer on lead recruitment, and attended Buxton webinar (What's New In Tourism Marketing?—An Update on the Latest Data and Analytics Options). Other: Downtown Parking Ordinance: The ordinance was approved by City Council on July 2, 2018. Three-hour parking on-street parking and no overnight parking within public parking spaces is addressed in the ordinance. Downtown Business Coordination: Continued working with businesses and property owners on construction/revitalization efforts in downtown(utility relocations, facades,street improvements,etc.) 6`h Annual Sunnyslope Wine Trail Festival: Coordination and support for the August 31d event, hosted on Indian Creek Plaza. Page 2 of 7 Title One Commercial Real Estate Economic Forum Community Development Block Grant: Worked with Elizabeth McNannay on extending the sign grant. NEW BUSINESS: (ACTION ITEM: CONSIDER RESOLUTION NO. 2018-20 AUTHORIZING THE EXECUTION OF THE TVCC LEASE AGREEMENT) Carol Muirhead, 411 Blaine Street, provided the staff report outlining the contents of the lease agreement noting that a yearly report will be provided by TVCC administration to be reviewed by the Urban Renewal Agency Commissioners. She noted that Steve Fultz, representative from Caldwell Economic Development serves on the TVCC Advisory Board. Abby Lee, TVCC Public Information Director, spoke in favor of the Lease Agreement and expressed appreciation for the ten-year lease term. She outlined Exhibit "B" of the document providing annual rental rates for the duration of the lease, noting that the rental rates would be based upon total enrollment credits. She stated that TVCC.has operated in Caldwell since 2004. She reported on the success of the aviation degree by collaborating with Silverhawk Aviation. Due to the partnership formed with Horizon Air,graduates from the two-year aviation degree are hired. Ms. Lee continued by explaining the new course dealing with the Automated Control System at the Caldwell Simplot Plant. This program was developed to assist employees with the ability to attend classes and continue with their full-time employment at Simplot. The courses are taught onsite by using the Simplot equipment. Marketing efforts will be expanded this year to include billboard advertising and commercial advertising spots within the new Luxe Reel Theatre in Caldwell, Kaitlin Brookshire, TVCC Caldwell Center Director, reported that she has been at the Caldwell Campus for one year and her emphasis has been on relationship building within the community. She serves on the Salvation Army Board of Directors and chairs the Caldwell Chamber of Commerce Education Committee. She explained that the goal this coming year is to grow enrollment by 30%. Efforts have been made this year to make personal contact within the local high schools on a weekly basis encouraging students to go on to secondary education. Enrollment has increased by 70% in comparison to the enrollment last year to date. In response to questions from Commissioner Stadick, Ms. Lee outlined the process for calculating student enrollment based on credit hours and noted that building is capable of housing 700-800 part- time students. Full-time student enrollment has increased this past school year. Evening and weekend program offerings will be increased this coming school year. In response to questions from Commission Allgood regarding the demographics for the Caldwell students,Ms. Lee reported there has been an increase of the traditional students attending TVCC upon high school graduation along with the part-time,working adult students. TVCC has been aggressive in formulating curriculum for local employers based on market-place needs. Such programs assist the working adult to complete their education. In response to questions from Commissioner Stadick, Chairman Hopper and Carol Mitchel reported that the square footage lease rates offered to TVCC are competitive to those offered to renters within other URA-owned buildings located in downtown Caldwell. MOVED by Warwick, SECONDED by Porter to approve Resolution No. 2018-20 regarding the TVCC Lease Agreement as presented. Roll call vote: Those voting yes: Warwick, Stadick, Hopper, and Porter, Those voting no: none. Absent and/or not voting:Allgood and Ramirez. MOTION CARRIED Mayor Nancolas expressed his appreciation to TVCC for their adaptability in assisting the community with educational needs and work-force development curriculum. The long-term lease will assist TVCC in marketing their educational offerings. Page 3 of 7 (ACTION ITEM: CONSIDER RESOLUTION NO. 2018-21 AUTHORIZING ACCEPTANCE OF THE CITY COUNCIL RECOMMENDATION REGARDING THE CREEKSIDE REDEVELOPMENT PROJECT RFP) Mayor Nancolas reported on the process that was followed concerning the Request for Proposals and the recent recommendation from City Council for the Gardner Company as the preferred developer. Chairman Hopper reported that the City of Caldwell increment funds from URA would be used for the project. Keri Sigman outlined the submittal proposal from the Caldwell Hospitality Group, LLC and the Gardner Company, which responded to the RFP. She noted that the Caldwell Hospitality submittal included a single structure,which would be Comfort Inn&Suites. It would be a phased program for a four-story structure including a hotel and possible conference center. Parking would be along Main Street and 7'Avenue. Ms. Sigman continued by stating that the Gardner Company was a phased proposal including three structures — Building A: Boutique Hotel, Building B: Retail & Residential, Building C: Retail, Parking&Residential or Office. The hotel would be constructed first. She recommended approval of Gardner Company as the preferred developer. Chairman Hopper read the resolution by title only: RESOLUTION OF THE URBAN RENEWAL AGENCY OF THE CITY OF CALDWELL, IDAHO ("AGENCY") APPROVING GARDNER COMPANY AS THE PREFERRED DEVELOPER FOR THE CREEKSIDE REDEVELOPMENT PROJECT AND AUTHORIZING STAFF TO NEGOTIATE A DEVELOPMENT AGREEMENT WITH GARDNER COMPANY FOR CONSIDERATION BY THE AGENCY MOVED by Warwick, SECONDED by Porter to approve Resolution No.2018-21 as presented. Councilman Stadick expressed his support of the resolution to accept the Gardner proposal. Roll call vote: Those voting yes: Warwick, Stadick, Hopper, and Porter. Those voting no: none. Absent and/or not voting: Allgood and Ramirez. MOTION CARRIED (CONSIDER INVOICES FOR PAYMENT FROM THE URBAN RENEWAL AGENCY TREASURER) Carol Mitchell presented the invoices for approval. VENDOR AMOUNT DESCRIPTION Hamilton,Michaelson,Hilty $4,500.00 June-Attorney Fees Attorneys at Law City of Caldwell—Econ. $18,000.00 July-Economic Dev.Contribution Development State of Idaho—Division of $150.00 TVCC Building—Annual Certification Fee Building Safety TOTAL $22.650.00 MOVED by Stadick,SECONDED by Ramirez to approve the invoices for payment as presented. MOTION CARRIED Page 4 of 7 (TREASURER'S REPORT) MONTHLY CASHRECONCILLIASTIONREPORTS.• Working on URA budget—tentative budget—projects for year will be provided at that time. Carol Mitchell, URA Treasurer at 411 Blaine Street, presented the Monthly Cash Reconciliation Report and recommended its approval: Banner Bank $9,965,995.06 Banner Bank,CD $250,380.49 LGIP $111,071.32 Banner Bank Operating Account $9,604,543.25 Restricted—Other Tax Districts $4,806,285.84 Restricted Caldwell $ 559,696.08 Restricted—URA TVCC $ 583,053.45 Restricted—URA Job Creation $4,016,959.69 MOVED by Ramirez, SECONDED by Allgood to approve the cash reconciliation report as presented. MOTION CARRIED APPROVE REQUEST FOR A FINANCIAL MATCH FOR COMPASS-BUILD GRANT FOR H WY 20/26—LETTER OF COMMITMENT Mayor Nancolas explained the details of the project concerning the widening of Hwy. 20/26 to six lanes all the way to Middleton Road. A BUILD Grant application will be submitted by COMPASS for the project. The City has committed money to continue improvements along Hwy.20/26. Additional partnerships have been requested from Canyon County and landowners along the subject property. The grant will emphasize the need for widening Hwy. 20/26 dealing with the right-of-way impact for economic development and traffic mitigation. The project is not scheduled until approximately 2021 if the award is approved. Funding would be appropriated from the last year of the URA revenue allocation. He requested that a letter of commitment be provided addressing future revenue allocation from URA in partnership with COMPASS, Idaho Transportation Department, and the City of Caldwell. The request is time sensitive since the application must be filed on July 10,2018. In response to questions from Commissioner Allgood, the Mayor reported that the widening project would include the intersection at Hwy.20/26 and Middleton Road. The final design is still pending. In response to questions from Commissioner Ramirez,the Mayor reported that the total project is estimated at $25 million dollars. The majority of the funding would be provided through a grant. The City of Caldwell has committed$150,000 and$100,000 from URA showing local support forthe project. MOVED by Porter, SECONDED by Warwick to approve the match commitment of$100,000 from URA along with approval of a letter of commitment to be signed by Chairman Hopper. MOTION CARRIED (CONSULTANT'S REPORT) E1Jay Waite reported on the following: • When the original lease rate was established with TVCC Caldwell Campus, it was determined that the rate would not go below $200,000. That is the number required for URA to build the replacement fund for the facility. Currently, there is over $500,000 in cash held by the Agency for repairs or replacement of the building. The usable three-floor space within the building is 25,000 square feet, which equates to $8.00 per square foot. Even with the conditions throughout the years,the lease rate has now been below$200,000. • EIJay Waite provided an update concerning the proposed URA revenue allocation area north and west of Caldwell. A sample template was distributed. Page 5 of 7 • An update was provided regarding Sky Ranch Business Park. Mr. Waite reported that the purchase price has been recovered concerning the development properties. Approximately $2.8 million is available to purchase additional properties. • A schedule is being formulated and will be forwarded to Carol Mitchell concerning the current land values at Sky Ranch. Is $1.81 enough to cover the investment of each parcel for industrial purposes? Discussion followed concerning approval value and tax increment value. Commissioner Stadick requested that the URA sample template be provided electronically to each of the URA commissioners. E1Jay stated that the electronic file will be forwarded. It was requested by Chairman Hopper that future invoices from Mr. Waite be provided to Carol Mitchell for inclusion with payment approvals at the URA meeting. MOVED by Porter, SECONDED by Ramirez to approve the invoice for professional services from E1Jay Waite. (2018-03). MOTION CARRIED (ATTORNEY'S REPORT) (UPDATE ON LETTER PROVIDED TO CANYON COUNTY HIGHWAY DISTRICT #4: HIGHWAY 30 BRIDGE PROJECT) Mark Hilty provided the history of the proposed Highway 30 Bridge Project. He reported that a letter was sent to Canyon Highway District#4 clarifying that the project is a valid URA project pursuant to Idaho Statutes. Ninety percent of the funding will come from federal resources with approximately ten (10) percent or less matched by the Caldwell Urban Renewal Agency and Canyon County Highway District#4. Mr. Hilty provided an update report concerning Fresca Foods. He noted that the sale of property transpired in January 2017 and part of the negation documentation included an option for a 2.5 acre parcel adjacent to the subject property entrance and Smeed Parkway. The option has now been exercised and the closing will be scheduled within the month. The property sale and option was previously approved by URA at a rate of$1.4I per foot for a total of approximately $150,000. He reported that there are ongoing discussions with Fresca Foods regarding preparation of the site by URA. No basis has been found substantiating such improvement requirements. (CHAIRMAN'S REPORT) Chairman Hopper reported on the upcoming ceremonies and events at the Indian Creek Plaza. (COMMISSIONER REPORTS) None. (EXECUTIVE SESSION PURSUANT TO IDAHO CODE, SECTION 74-206, SUBSECTION (C) FOR THE PURPOSE OF DISCUSSING THE ACQUISITION OF OR AN INTEREST IN REAL PROPERTY NOT OWNED BY A PUBLIC AGENCY) MOVED by Warwick, SECONDED by Porter to convene into Executive Session pursuant to Idaho Code, Section 74-206, Subsection (c) for the purpose of discussing the acquisition of or an interest in real property not owned by a public agency at 8:37 p.m. Roll call vote: Those voting yes: Warwick, Stadick, Hopper, and Porter. Those voting no: none. Absent and/or not voting:Allgood and Ramirez. MOTION CARRIED Page 6 of 7 (ADJOURNMENT) MOVED by Stadick,SECONDLD by Warwick to adjourn at 8:57 p.m. MOTION CARRIED Approved as written t1 's 13`s day of August 2018. Co s` ner No C.... missione orter w om s�ioner W' wick r Commi 'o er Stadick C' I toner All b —_ Comm sione Ramirez —— ATTE,T: Debbie Geyer, URA A Secretary r� ° N OP `aa ' tMlM7V#'��Y Page 7 of 7