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HomeMy WebLinkAbout2020-10-13 URA Minutes CALDWELL URBAN RENEWAL AGENCY MINUTES 7:00 P.M. Tuesday,October 13,2020 (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 the roll. Present: Commissioner Hopper, Commissioner Porter, Commissioner Warwick,and Commissioner Allgood. Absent: Commissioner Ramirez and Commissioner Wagoner. Staff present: Douglas Waterman (Agency Attorney), Carol Mitchell (Agency Treasurer), Brent Orton (Public Works Director),Steve Fultz(Economic Development),and Debbie Geyer(Agency Secretary). CONFLICT OF INTEREST DECLARATION) None. (SPECIAL PRESENTATIONS) None. (PUBLIC COMMENTS) None. CONSENT CALENDAR[All Consent Calendar items are considered action items] 1) Approve minutes from the Urban Renewal Agency Regularly Scheduled Meeting held on September 14,2020; 2) Approve Resolution No. 2020-40 ratifying the execution of the Re-Use Appraisal with Valbridge Property Advisors for proposed building renovations at 711 Cleveland Boulevard; 3) Approve Resolution No.2020-41 authorizing the conveyance of Urban Renewal Agency property to the City of Caldwell for right-of-way along Slipstream Way; 4) Approve Resolution No. 2020-42 authorizing the execution of Amendment No. 2 to the Owner-Consultant Agreement with Keller Associates, Inc.for the design of the North Ranch Area Improvements in the amount of $5,700.00; 5) Approve Resolution No. 2020-43 authorizing the execution of Supplemental No. 1 to the Professional Design Services Agreement with Six Mile Engineering for design of the Ustick Road Widening Project in the amount of $27,937.00. MOVED by Allgood,SECONDED by Warwick to approve the Consent Calendar as printed. Roll call vote: Those voting yes:Allgood,Hopper,Porter,and Warwick. Those voting no:none. Absent and/or not voting:Wagoner and Ramirez. MOTION CARRIED OLD BUSINESS (ECONOMIC DEVELOPMENT ACTIVITY REPORT FROM STEVE FULTZ[SEPTEMBER 20201) Current Projects North Ranch...Continue working with developers considering a mixed-use site (commercial and industrial) in the current UR district. Project Prometheus...Large business lead from BVEP...needing 80 acres for light industrial use...still active on BVEP list Project Scope...new project,working with BVA on potential warehouse/distribution project for the North Ranch area Page 1 of 5 Project Northwest Sandpiper...lead from Idaho Commerce, business expansion of manufacturing and distribution. Project Eos...new lead from Idaho Commerce. Site visit in September(North Ranch area) Project Robin...site visit in September...considering sites in North Ranch and Sky Ranch area Project Equip...new project; 260,000 sq ft distribution facility in Sky Ranch. Numerous meetings and connections nave occurred...property remains under contract Wolff Development...working with this group on former Van Auker site on Challenger Way...issues on airport land lease for prospective client to their new 87,000 sq.ft.building Project Kay...new industrial lead from Oregon considering site in Caldwell. Working with their contractor and financial institution on the project Project West Coast Can...project considering site in North Ranch...substantial investment and job creation for Caldwell Proposed North Caldwell Allocation Area...submitted several large leads from Commerce and BVEP to sites that are within the proposed North Caldwell allocation area. Also,meeting/site visit from commercial real estate broker at site. Continue working with TVCC and others on the development of an aircraft maintenance facility to be located in Caldwell/Caldwell Industrial Airport...making good progress on establishing the program...building/site has been acquired. Caldwell Innovation Center...continue meeting with potential funding sources and other experts from around the State on the mission and direction for the organization. Working in partnership with Idaho Tech Council, SWIMA,USDA,University of Idaho and TechHelp (ECONOWC DEVELOPMENT ACTIVITY REPORT FROM STEVEN JENKINS [SEPTEMBER 2020]) Chairman Hopper stated that Mr.Jenkins was not present to outline the contents of his report. In response to questions from Commissioner Porter, Mr. Fultz reported that the Community Development staff has made multiple contacts with potential businesses interested in the buildings located within the theater plaza area. Current Projects Public Art: Met with the City of Boise's Public Art team to discuss public art policies. Plans are continuing to move forward for the City of Caldwell to establish a public art program. Rocky Mountain Companies:C-store will be moving forward with plans to develop on 1.6 acres at 21St Ave.and Chicago St. Project Up: Development Company is under contract to purchase 12 acres in the Sky Ranch Business Center. They are looking at building three speculation buildings on the site,totaling 171,825 SF. Project Renew: Local company that focuses on renewable products. They have a site in Ada County but are looking to add another location in Canyon County. They are seeking 40 acres and will be hiring about 30 employees. Neighborworks: Meeting with CEO, Bud Compher, regarding land in the Sky Ranch area for the development of a pocket park neighborhood.Neighborworks understands the need for affordable workforce housing options in the area and would like to support the growing base of employees within the Sky Ranch Business Center. Project Q: Fast casual restaurant group is looking for a Caldwell location.Owner would like to find a site by Q1 of 2021.They are highly interested in the North Ranch/Sky Ranch area. Page 2 of 5 Project Gator:Fast casual restaurant visited Caldwell to look for a site.They have identified a location downtown and are discussing lease terms with the real estate agent and building owner. Project Master: Local retailer considering Caldwell for their next location. They focus on desserts and are considering locations near the Downtown core. Expedition League: Discussions are ongoing regarding the use of Wolfe Field...City staff and community partners are continuing to work with Expedition League representatives for the creation of a team in Caldwell. Extreme Piza:They will be opening this month.This will be their second location in the State of Idaho. (ACTION ITEM: CONSIDER RESOLUTION NO. 2020-44 AUTHORIZING THE EXECUTION OF THE PURCHASE AND SALE AGREEMENT WITH IDEAL DEMOLITION SERVICES, LLC FOR PROPERTY IN THE SKY RANCH BUSINESS CENTER) Douglas Waterman,Agency Attorney,outlined the contents of the Purchase and Sale Agreement. He reported that the economic development team recommends that the parcel be sold at$2.00/ft. The price is fair in light of the infrastructure requirements associated with the subject parcel and a recent 2020 appraisal conducted in the vicinity identifies a similar cost per square foot. MOVED by Porter, SECONDED by Allgood to approve Resolution No. 2020-44 authorizing the execution of the Purchase and Sale Agreement with Ideal Demolition Services,LLC. Roll call vote:Those voting yes:Porter,Warwick,Allgood,and Hopper. Those voting no:none. Absent and/or not voting:Wagoner and Ramirez. MOTION CARRIED (CONSIDER UPDATE REPORT REGARDING CREEKSIDE DEVELOPMENT PROJECT — 7TH & MAIN STREET) Dean Pape of the deChase Miksis Company at 1199 Shoreline,Boise,provided information concerning a request to extend the agreement timeline for presenting a final plan for the Creekside Development Project. He reported that a feasibility stady was conducted for inclusion of a hotel within the project's master plan. Delays in the hotel verification portion of the development have been delayed due to the COVID crisis and the lack for institutional financing. The current phasing plan outlines moving forward with commerciaUresidential portion of the development. The size of that facility was decreased due to the downtown parking restrictions. The revised plan would include a street-level commercial development and one level of residential units within the complex. This would allow for 36 total residential units based on the available downtown parking totaling 54 stalls. In response to questions from Commissioner Allgood,Mr.Pape'clarified that the extension request would be for the final design for presentation in February 2021. The Development Agreement would be completed in July 2021. Discussion followed about the option to either extend the timeframe to allow the final conceptual design presentation to February 2021 or deny the request. Mr.Waterman reported that the current agreement is set to expire in November 2020. Mr.Pape emphasized that he has been working with potential hotels but there has been a reluctance due to the current economic conditions and financing for the venture. He again explained that the downtown parking requirements necessitated a reconsideration of the design of the commercial/residential unit and placed the hotel development on hold. Commissioner Porter expressed his concern that the downtown parking requirements should be well researched before a decision is rendered. Commissioe:r Hopper stated that there are similar projects moving forward in surrounding municipalities. Commissioner Allgood expressed concern that on-site parking should be available for residential developments and recommended that the emphasis should be on commercial development rather than residential for the downtown area. Page 3 of 5 Mr.Waterman recommended that the extension be scaled back to 30 or 60 days. It was determined that Mr. Pape' would bring forward an updated report at the November URA Meeting including the results of the downtown parking requirements from the Planning & Zoning Director as well other potential alternative plans. A presentation will be scheduled for the December URA meeting to include the finalized timeline and financial plan. (ACTION ITEM: CONSIDER RESOLUTION NO. 2020-45 AUTHORIZING THE EXECUTION OF THE FIRST AME1'DMENT TO AGREEMENT TO NEGOTIATE EXCLUSIVELY WITH DECHASE DEVELOPMENT SERVICES,LLC,DOING BUSINESS AS DECHASE MIKSIS) MOVED by Warwick,SECONDED by Ramirez to approve Resolution No.2020-45 authorizing the execution of the Amendment to Agreement to Negotiate Exclusively with deChase Development for a period of 60 days,noting that the Agency Attorney would provide the modified document for execution by the Chairman. Roll call vote: Those voting yes: Warwick,Allgood,Hopper,and Porter. Those voting no:none. Absent and/or not voting: Ramirez and Wagoner. MOTION CARRIED NEW BUSINESS: (ACTION ITEM: CONSIDER APPROVAL OF THE INVOICES FOR PAYMENT AS PRESENTED BY THE URBAN RENEWAL AGENCY TREASURER) Carol Mitchell,Agency Treasurer presented outstanding invoices for payment approval. VENDOR AMOUNT DESCRIPTION City of Caldwell — Economic $18,000.00 October: Economic Development Development Contribution Hamilton,Michaelson&Hilty $5,940.00 September Attorney Fee ICRMP $291.60 215 South Kimball Roof Repair City Cf:Caldwell—Airport $150,000.00 URA Contributions: Hire& Reimbursement Program TOTAL $174,231.60 MOVED by Allgood,SECONDED by Porter to approve the invoices for payment as presented. MOTION CARRIED ACTION ITEM: TREASURER'S REPORT) MONTHLY CASH RECONCILIATION REPORTS; Carol Mitchell, URA Treasurer at 411 Blaine Street, presented the Monthly Cash Reconciliation Report and recommended its approval: Banner Bank TOTAL $15,129,320.29 LGIP $ 116,264.76 Banner Bank,CD $ 250,380.49 Banner Bank Operating Account $14,762,675.04 Restricted TOTAL $14,762,675.04 Restricted—Other Tax Districts $11,538,582.64 Restricted—Caldwell $ 1,931,630.03 Restricted—URA TVCC $ 723,245.86 Restricted—URA Job Creation $ 569,207.51 MOVED by Warwick,SECONDED by Porter to approve the cash reconciliation report as presented. MOTION CARRIED Page 4 of 5 (ATTORNEY'S REPORT) a. Mussell Construction—711 Cleveland Boulevard: Mr. Waterman reported that the property appraisal was received today and legal counsel will bring back a report concerning the document at the November meeting. Legal counsel is moving forward with the option on the Wells property in conjunction with the development. b. Side-A Brewing—Arthur&Kimball: Mr.Waterman reported that the appraisal process is in process. c. Revised Caldwell North Renewal Area Project: He reported that staff has been working with Idaho Power and Intermountain Gas concerning bringing utilities to the area. Mr. Fultz provided an update report from his meeting with representatives from both utility companies. Currently there are no natural gas lines within the area. It would take approximately nine months to install the gas lines at a cost of approximately$3 or$4 million.Additional research concerning this matter is ongoing. (CHAIRMAN'S REPORT) Chairman Hopper reported that Mr. Mussell painted a gray exterior primer on the rental units at 711 Cleveland in preparation for future improvements to the building. He noted that additional information and research is needed about bringing utility infrastructure to the site relating to the proposed Caldwell North Renewal Area Project. (COMMISSIONER REPORT) None. (ADJOURNMENT) MOVED by Warwick,SECONDED by Allgood to adjourn at 8:06 p.m. MOTION CARRIED Ap s oved as wri n this 9th November,2020. jfr4 M AT07-A biGURA e1ty.` riommissioner Ps er ( L_/ . Ce ommissioner Warwick Y Op, � f'� ABSENT i Ar ,ORP ,►� Com loner Wagoner r -wfo t, si: . t ,,,ommissioner • ll od %%°'A� •n.� ^,fit ABSENT •'''#######00' Commissioner Ramirez Page 5 of 5