HomeMy WebLinkAbout2018-09-10 URA Minutes CALDWELL URBAN RENEWAL AGENCY
MINUTES
7:00 P.M.
Monday, September 10,2018
(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)
MOVED by Stadick, SECONDED by Warwick to approve the agenda as printed.
MOTION CARRIED
(SPECIAL PRESENTATIONS)
None.
(PUBLIC COMMENTS)
None.
(CONSENT CALENDAR)
1) Approve minutes from the Urban Renewal Agency Regularly Scheduled Meeting held on August 13,2018;
2) Approve Resolution No.2018-32 accepting the Lease Agreement between Treasure Valley Community College
and Chukar Den Coffee Services for the period of October 28,2016 and terminating June 30,2019;
3) Approve Resolution No. 2018-33 accepting the Warranty Deed for property purchased from Freehold
Development located within the Sky Ranch Business Center;
4) Approve Resolution No. 2018-34 authorizing termination of the year three (3)-contract provision regarding
retail recruitment with Buxton. [MOVED TO OLD BUSINESS]
Discussion was held concerning the ratification of the TVCC sublease for the coffee shop. Chairman Hopper
clarified that the TVCC Lease Agreement with the Urban Renewal Agency requires that all sublease agreements be
provided to the URA for review. The coffee shop operates in conjunction with the TVCC school calendar to
provide the service to TVCC students.
MOVED by Porter, SECONDED by Stadick to approve the Consent Calendar Items 1-3 contingent upon moving
Item 44 to Old Business for the purpose of further discussion.
Roll call vote: Those voting yes: Porter,Warwick, Stadick, Allgood,Ramirez, and Hopper. Those voting no: none.
Absent and/or not voting: none.
MOTION CARRIED
OLD BUSINESS:
(APPROVE RESOLUTION NO. 2018-34 AUTHORIZING TERMINATION OF THE YEAR THREE (3)-
CONTRACT PROVISION REGARDING RETAIL RECRUITMENT WITH BUXTON)
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Steve Fultz, Caldwell Economic Development Director,provided an update report concerning the request from staff
to terminate the year-three contract with Buxton regarding retail recruitment. He noted that extensive research was
conducted by staff concerning this matter. Retail recruitment efforts will continue by Caldwell Economic
Development staff.
MOVED by Porter, SECONDED by Allgood to approve Resolution No.2018-34 as presented.
Roll call vote: Those voting yes: Porter,Warwick, Stadick, Allgood, Ramirez, and Hopper. Those voting no: none.
Absent and/or not voting: none.
MOTION CARRIED
ACTION ITEM: PUBLIC HEARING PURSUANT TO IDAHO CODE SECTION 50-1002 FOR
CONSIDERATION OF THE PROPOSED URBAN RENEWAL AGENCY BUDGET FOR THE FISCAL
YEAR THAT BEGINS OCTOBER 1,2018 AND END SEPTEMBER 30,2019.
Carol Mitchell,URA Treasurer,provided the staff report and outlined the contents of the URA budget.
FY 2016 FY 2017 FY 2018 FY 2019
Actual Actual Budget Proposed
FUND Expenditures Expenditures Expenditures Expenditures
General Fund $ 8,888,908 $9,755,454.20 $ 11,393,313 $ 8,193,751
FY 2016 FY 2017 FY 2018 FY 2019
Actual Non- Actual Non- Budget Non- Proposed Non-
Tax Increment Tax Increment Tax Increment Tax Increment
FUND Revenue Revenue Revenue Revenue
General Fund $ 4,926,880.61 $3,622,006.39 $ 4,779,449 $ 2,111,665
FY 2016 FY 2017 FY 2018 FY 2019
Actual Actual Budget Proposed
Tax Increment Tax Increment Tax Increment Tax Increment
FUND Revenue Revenue Revenue Revenue
General Fund $ 6,598,161 $7,134,469.22 $ 7,415,603 $ 8,463,058
TOTAL All Revenue 11,525,041 10,756,476 12,195,052 10,574,723
* Use of Fund Balance,
R.E.
or Balance Sheet Changes 2,636,134 1,001,021 801,739 2,380,972
Revenue to meet Expenditures $ 8,888,908 $ 9,755,454 $ 11,393,313 $ 8,193,751
MOVED by Allgood, SECONDED by Ramirez to close the public hearing.
MOTION CARRIED
MOVED by Warwick, SECONDED by Stadick to approve the URA Budget beginning October 1,2018.
MOTION CARRIED
(AUGUST 2018-ECONOMIC DEVELOPMENT REPORT—STEVE FULTZ)
Steve Fultz presented his report.
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Project Arrow: An aerospace business from California,they are 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
Project Data: new project considering Sky Ranch area. Significant investment, few high paying jobs.. Heavy user
of power.
Project Sunset...new lead from BVEP. Site visit to the Boise Valley area in late July, considering sites in Boise,
Nampa and Caldwell. Needing 15-20 acres for manufacturing facility(solar panel construction).
Project Sister...new project to Caldwell (locally generated)...food processing business considering the Caldwell
market. NDA signed. Initial meeting set for early August. Desirous of 20 acre site recently purchased by URA
Project Tree...new project(locally generated lead), considering site at KCID and Linden. PSA drafted, submitted
and being negotiated. 40-50 jobs at full build out. Could close on property any time.
Project Roth...new lead for small manufacturer from Oregon. Considering site in Caldwell. Looking at sites at Sky
Ranch area and along the Blvd.
Project White...food related business considering sites in Sky Ranch, and other locations in the Caldwell area of
impact. 100,000+sq.ft.facility, 150-300 jobs.
Airport Project...continue to work with adjacent property owners in securing easement for canal relocation. Also,
continued meeting and working with TVCC on A&P program along with the flight schools.
U of I small business and entrepreneurial seminar...working with the U of I on developing a local seminar for small
business and entrepreneurs,to be conducted at the U of I facility in Caldwell(Chicago Street site)
Project Charlie...BVEP lead, site visit in August considering new building being constructed by Strider Group
(60,000 sq.ft.building)...also considering sites in Boise,Nampa,and Reno,NV.
Economic development to be one of the sponsors of Manufacturing Day(Idaho Center on October 161 and 171)
Current Projects
(AUGUST 2018-ECONOMIC DEVELOPMENT REPORT—KERI SIGMAN)
Chairman Hopper noted that Ms. Sigman provided a written report:
Projects:
• Indian Creek Plaza: Continued working on final punch list with McAlvain and GGLO. Continued signage
coordination. Holiday decorations planning.
• Local Business Improvement District: Ongoing coordination for plaza facade/construction projects.
• Trolley Square Project: Business recruitment to fill building shell and pad site.
• Creekside Redevelopment RIP:Initial steps towards the development agreement began.
• Project Foody:Worked with a developer on a new concept for Caldwell related to food,beverage and
community.
• Project Wall: Business relocation project that includes local manufacturing and sales floor.
Recruitment:
• Restaurants
• Professional Office Space
• Retailer(Bi-Mart opening August 30,2018)
• Specialty Store
• Brewery
• Multi-Family Residential
• Mixed Use Redevelopment
• Hospitality/Event Center
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Other:
• Professional meetings: Meetings held with various industries regarding downtown redevelopment and other
commercial retail development throughout the City. KDOI Radio Station interview.
• Downtown Business Coordination: Continued working with businesses and property owners on
construction/revitalization efforts in downtown(utility relocations,facades,street improvements,etc.).
• Downtown Parking Requirements: Began working on signage changes and upgrades.
• Community Development Block Grant: Coordination with Elizabeth McNannay.
• Marketing: Continued work on opportunities video for downtown business recruitment. Continued with
marketing group on social media video clips highlighting some of Caldwell's best (in partnership with
Destination Caldwell).
NEW BUSINESS:
(CONSIDER INVOICES FOR PAYMENT FROM THE URBAN RENEWAL AGENCY TREASURER)
Carol Mitchell,URA Treasurer presented the invoices for payment approval:
VENDOR AMOUNT DESCRIPTION
Hamilton, Michaelson, $4,500.00 August-Attorney Fees
Hilty Attorneys at Law
City of Caldwell — Econ. $18,000.00 September -Economic Dev. Contribution
Development
ACCO Engineered Services $4,042.34 TVCC Building: HVAC
ICRMP $4,733.00 FY-2019 Insurance—50%
High Desert Refrigeration $419.00 TVCC: Creekside Cafe Equipment Repair
All Valley Inspection $390.00 TVCC: Annual Fire Sprinkler Inspection
Service
City of Caldwell $75.00 Office Lease Space
City of Caldwell $319,000.00 Annual Loan Repayment-Cemetery
TOTAL $351,159.34
MOVED by Porter, SECONDED by Ramirez to approve the invoices for payment as presented.
MOTION CARRIED
(ACTION ITEM: CONSIDER RATIFICATION OF THE 2018 BOND DRAWDOWNS LISTED BELOW
FOR THE INDIAN CREEK PLAZA PROJECT: JUNE AND JULY 2018)
VENDOR AMOUNT DESCRIPTION
Draw#4
McAlvain Construction $304,273.65 Construction—June
GGLO Design $24,142.74 Design Costs—June
Draw#5
McAlvain Construction $59,992.23 Construction—July
In response to questions from Commissioners Hopper, Ms. Mitchell reported that the construction contract
terminates after the ice rink is completed in October for operation this year. McAlvain Construction will bill for the
remaining$1.1 million at that time.
MOVED by Stadick, SECONDED by Warwick to approve the ratification of the 2018 bond drawdowns as
presented.
MOTION CARRIED
(ACTION ITEM: CONSIDER RATIFICATION OF THE PAYMENT OF THE FOLLOWING LAND
PURCHASE)
VENDOR AMOUNT DESCRIPTION
Pioneer Title Company�:] $1,764,079.23 Land Purchase—Freehold Development
:�] (Smeed Parkway)
MOVED by Stadick, SECONDED by Ramirez to approve the ratification the land purchase payment.
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(TREASURER'S REPORT)
MONTHL Y CASH RECONCILLA TION REPORTS;
Carol Mitchell, URA Treasurer at 411 Blaine Street, presented the Monthly Cash Reconciliation Report and
recommended its approval:
Banner Bank TOTAL $8,604,081.28
Banner Bank,CD $ 250,380.49
LGIP $ 111,434.20
Banner Bank Operating Account $8,242,266.59
Restricted TOTAL $8,604,081.28
Restricted—Other Tax Districts $5,790,159.89
Restricted Caldwell $(246,450.34)
Restricted—URA TVCC $ 616,136.79
Restricted—URA Job Creation $2,444,234.94
In response to questions from Commissioner Allgood, Ms. Mitchell reported that the Caldwell Rural Fire
Department as inquired of the use of tax incentive funds to the purpose of construction of Fire Station 43.
MOVED by Stadick, SECONDED by Ramirez to approve the cash reconciliation report as presented.
MOTION CARRIED
LAND UPDATE REPORT FROM URA TREASURER:
Carol Mitchell,URA Treasure provided information concerning land purchases and/or potential land sales.
*Estimated Sale Costs
Est. Land Sold Land Other Land Purchase Costs
Price/ (after closing Purchase (Surveys, Association Dues,
Sq Ft costs) Price Project Costs BIG Appraisals, Irrigation, etc.)
$1,108,855.16 $712,475.00 $69,976.09 $200,000.00 $406.16
$198,489.36 $144,401.00 $406.16
$105,487.99 $113,256.00 $406.16
$88,759.15 $85,508.00 $406.16
$55,421.70 $36,460.00 $406.16
2.13 $437,368.00 $437,368.00 $117,000.00 $200,000.00 $7,697.76
1.41 $150,478.00 $0.00 $120,000.00
0.00 $0.00 $0.00
2.25 $1,984,079.00 $1,764,079.00 $200,000.00 $20,000.00
$411,473.27 $243,000.00
$482,287.35 $286,086.00
$3,416,740.54 $2,680,204.50 $200,000.00 $11,919.93
N/A $0.00 $282,500.00
$8,439,439.52 $6,785,337.50 $306,976.09 $800,000.00 $41,648.49
Project Paid By City Increment Paid by URA Land account
$400,032.90 400 Lateral $10,257.84
$781,206.20 Smeed Re-alignment $3,000.00
$667,213.26 500 Lateral $4,630.00
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$725,429.50 SkyWay $2,030.80
Fresca Water Meter/Utility
$57,465.00 Easement $1,729.85
$12,595.32 Slipstream Way Modifications
$2,643,942.18 $21,648.49
(CONSULTANT'S REPORT)
None.
(ATTORNEY'S REPORT)
None.
(CHAIRMAN'S REPORT)
Chairman Hopper noted the upcoming Indian Creek Festival transpiring in downtown Caldwell on September 14
and 15.
(COMMISSIONER REPORTS)
None.
(ADJOURNMENT)
MOVED by Warwick, SECONDED by Stadick to adjourn at 7:45 p.m.
MOTION CARRIED
Approved as written this 911 day of October 2018.
Commissioner Hopper
Commissioner Porter
Commissioner Warwick
Commissioner Stadick
Commissioner Allgood
Commissioner Ramirez
ATTEST:
Debbie Geyer,URA Secretary
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