HomeMy WebLinkAbout04 16 2019J:\Administration\Chubbuck Development Authority\CDA SECRETARY\Agendas\2019\004.16.19.docx
The urban renewal agency for the City of Chubbuck, Idaho
Agenda
April 16, 2019
5:30 pm in the Conference Room
CALL TO ORDER
APPROVAL OF MINUTES FOR March 14, 2019 (action item)
GENERAL BUSINESS
1. Update the board on the auction process at 162 Evans Lane shop. (action item)
(CDA board will discuss process for disposal of property improvements)
2. Highland art concepts for CDA-owned warehouse. (action item)
(CDA board will discuss the concepts presented by Highland art students)
3. Board discussion on future allocations of TIF district money.
4. Construction project update
(Staff will provide update on construction projects)
5. Review and approve claims to be paid (action item)
(CDA will review and approve payments of obligations)
6. Discuss and add agenda items for future meetings (action item)
(CDA board will discuss possible items for future agendas)
ADJOURN
NEXT MEETING
Tuesday May 21, 2019 Because Council Chamber is a polling place this meeting
will be held in the Conference Room @ 5:30 pm.
City Hall and the City Council Chambers are accessible for persons with disabilities. Any person needing special
accommodations to participate in the meeting should contact the City Offices at 208.237.2430 at least 24 hours prior to the
meeting.
City of Chubbuck
5160 Yellowstone Avenue
PO Box 5604
Chubbuck, ID 83202.0006
208.237.2400
J:\Administration\Chubbuck Development Authority\CDA SECRETARY\Agendas\2019\004.16.19.docx
The urban renewal agency for the City of Chubbuck, Idaho
Minutes of the Chubbuck Development Authority meeting held at Chubbuck City Hall Council
Chambers, 5160 Yellowstone Avenue on March 19, 2019 at 5:30 pm.
Chairman Dan Heiner. Commission Members: Mecinna Price (she arrived at item #3),Rick
Keller, Ernie Moser, Deloy Stuart, Tom Nield. Mayor Kevin England. Executive Director Rodney
Burch. Associate Director Devin Hillam. Attorney Tom Holmes. Secretary Ranelle Simmons.
Chairman Heiner called the meeting to order at 5:30 pm.
APPROVAL OF MINUTES: for February 19, 2019 (action item)
Heiner entertained a motion to approve the minutes as emailed. Nield moved the minutes of
February 19, 2019 be approved as emailed; Keller seconded.
Roll Call Vote: Rick Keller, Yes; Ernie Moser, Yes; Deloy Stuart, Yes; Tom Nield, Yes; Dan
Heiner, Yes.
GENERAL BUSINESS
1. Construction project update
(Staff will provide update on construction projects)
Burch informed the board members that the only active project this year is Hawthorne Road
Reconstruction, James Avenue to Siphon Road. Bidding will be the first of May for construction
to begin as soon as school is out as to not affect the bus routes. Bids should be in front of this
board at the May 21st meeting.
2. Review and approve claims to be paid (action item)
(CDA will review and approve payments of obligations)
There are two claims this month. Legal services for the McKee property in the downtown and
the urban renewal attorneys, Elam and Burke. The goal is that the urban renewal plans will be
completed in early November.
Roll Call Vote: Ernie Moser, Yes; Deloy Stuart, Yes; Tom Nield, Yes; Rick Keller, Yes; Dan
Heiner, Yes.
3. Discuss and add agenda items for future meetings (action item)
City of Chubbuck
5160 Yellowstone Avenue
PO Box 5604
Chubbuck, ID 83202.0006
208.237.2400
(CDA board will discuss possible items for future agendas)
City staff answered questions from the board members.
Burch explained that the shop on Evans Lane will be auctioned. Home will be used for fire and
police drills. Burch will bring the auction process to the board at next month’s meeting.
Discussion on what the notice of public hearing sign is at the Catholic Church. Hillam stated it’s
an application for a rezone. They are applying for the change in zoning from R-2 limited
residential to C-1 limited commercial.
Heiner mentioned time should be spent discussing with a decision on what could be done with
the funds that are winding down on the initial TIF District. This TIF district expires in 2022.
According to Burch new TIF districts should be created this year. Hillam would like to see in the
study session a discussion regarding once this district has expired where are other
opportunities in the Chubbuck area for another TIF district. Maps of the proposed new TIF
districts could be included by city staff in the study session. Mayor will put the talking points
together for the new TIF districts for the April meeting to help this board understand them
better.
ISU painting instructor has health problems and cannot continue the project. Highland High
School’s art teachers are interested in having her students take over the project. Concepts will
be approved by this board and look for donations for the paint and supplies.
ADJOURN: Heiner entertained a motion to adjourn. Moser moved to adjourn. All voted in favor
at 5:50 pm.
NEXT MEETING: April 16, 2019
____________________________________ _________________________________
Dan Heiner, Commission Chair Ranelle Simmons, Secretary
J:\Administration\Chubbuck Development Authority\Director\Memos to Commission\162 Evans Garage Disposal.docx
The urban renewal agency for the City of Chubbuck, Idaho
April 8th, 2019
Chubbuck Development Authority Board
RE: 162 Evans – Garage Auction
Dear Board Members,
I have researched the process to sell the existing shop / garage located on the 162 Evans Lane property.
Idaho Code 50-2011 – Disposal of Property in an Urban Renewal Area only addresses the transfer of
“real property”, not improvements on said property. After review with Legal Counsel, it is our opinion
that the garage can be offered for sale on an “as-is, where-is” basis by simple advertisement in local
paper for a 30 day period. At the end of the advertisement period, the Board can determine how to
proceed with disposal.
Sincerely,
Rodney Burch, PLS
CDA Executive Director
City of Chubbuck
5160 Yellowstone Avenue
PO Box 5604
Chubbuck, ID 83202.0006
208.237.2400
Office of Community Planning &
Economic Development
PO Box 5604 – 5160 Yellowstone Avenue, Chubbuck, ID 83202
208.237.2430 – Fax 208.237.2409
www.CityofChubbuck.us
H:\Memos\CDA memo.4.8.19_Highland Art Concepts.docx
1
Memo
To: Chubbuck Development Authority
From: Devin Hillam, Associate Director
Date: April 8, 2019
Re: Highland art concepts for CDA-owned warehouse
Request
Seeking input on agency’s thoughts on concepts presented by Highland art students.
Overview
In previous meetings, CDA members and Staff discussed a potential partnership between Idaho
State University and CDA to install art projects on the building referred to as the Parrish Warehouse (339 E
Chubbuck Rd). Due to unforeseen circumstances, ISU is no longer able to assist with the project and we
have instead reached out to the Highland High School art faculty to gauge student interest in the project
under the same obligation parameters as we had with ISU. Art students from the High School are very
interested in the project and have some great mural ideas for what could occur on the building’s north and
east facing exterior walls.
Following the CDA meeting, I intend to get back to the Art faculty and to establish a game plan to
move forward with the project and to begin fundraising efforts for paint/materials, as previously discussed.
I am excited for the art partnership and am hopeful that the murals will give the students, the high school,
and the community (current and future) an appreciation for public art and for its tactical placement in the
new downtown. In terms of creating a sense of place and space, I strongly believe that any of the imaginative
concepts that have been submitted would work well on the building.
Attachments:
1- Student mural concepts
1.A variety of painted scenes that invite human
interaction:
2. Unity/inclusivity
3. Colorful, abstract designs that wrap around the building
4. Divide up space into mini-murals, let each person create their own artwork.
(These examples are representative of student work- actual murals would be
different depending on the students that volunteer to help paint the mural)
CHUBBUCK DEVELOPMENT AUTHORITYProject HistoryStreet Reconstruction 57.6%Utility Reconstruction 0.2%Parks / Recreation Reconstruction 3.5%Street Construction ‐ New 10.5%Utility Construction ‐ New 6.2%Parks Construction ‐ New 2.1%Development Agreements ‐ Growth 11.1%NWSI Grant 5.4%Admin 3.4%$24,547,000$72,000$1,508,000$4,483,000$2,659,000$4,721,000$2,280,000$1,451,000$42,607,000$886,000Street Reconstruction, 57.6%Utility Reconstruction, 0.2%Parks / Recreation Reconstruction, 3.5%Street Construction ‐New, 10.5%Utility Construction ‐New, 6.2%Parks Construction ‐New, 2.1%Development Agreements ‐Growth, 11.1%NWSI Grant, 5.4%Admin, 3.4%Street ReconstructionUtility ReconstructionParks / Recreation ReconstructionStreet Construction ‐ NewUtility Construction ‐ NewParks Construction ‐ NewDevelopment Agreements ‐ GrowthNWSI GrantAdmin4/8/2019
CHUBBUCK DEVELOPMENT AUTHORITYProject HistoryProject Name PROJECT COSTS BY FISCAL YEAR (IN THOUSANDS OF DOLLARS)CategoryFY94‐99FY'99 FY'00 FY'01 FY'02 FY'03 FY'04 FY'05 FY'06 FY'07 FY'08 FY'09 FY'10 FY'11 FY'12 FY'13 FY'14 FY'15 FY'16 FY'17 FY'18 FY'19 FY'20 FY'21 FY'22 TOTALSMisc. Admin. Expenses$5 $9 $5 $7 $26Parks Playground Equipment$105 $25 $18 $10 $18 $4 $20 $4$204Parks Improvements $43 $35 $222 $17 $4 $70 $159 $189 $51 $107 $31 $10 $16$954I‐86 Chubbuck Interchange landscape ($300)$30$30Bullock Street Water line and Street Impr. $62$62E. Chubbuck Rd (Yellowstone to Hiline) P.E. $53 $35 $17$105E. Chubbuck Rd (Yellowstone to Hiline) Constr.$385 $223 $8 $3 $26$645W. Chubbuck Rd. (Yell. To Hawth) Constr.$245 $481 $11 $10$747E. Chubbuck Rd (Hiline to E. C. L.)$35 $300 $254 $2$591Hawthorne Rd$343 $180$523Hawthorne Rd. Water line $225$225Waterline (Yell.‐Hawth)$31$31Capell Park development$6 $191 $14 $119$330Well 5 Generator$10 $20 $490 $116$636Park Lawn$141 $312 $65 $110 $106 $1$735Hiline/Mountain Park Intersection $672 $38 $4 $23$737Hiline Rd Reconstruction Prelim. Engr$103 $105 $122 $13 $88 $100$531Burley Drive Reconstruction$3 $414 $398$815Darris Street Canal Crossing$194 $328 $78$600Hawthorne Rd Chubbuck to James$1 $488 $402 $1$892Bluebird canal crossing$53$53E Chubbuck‐Sacajawea intersection$20 $13 $1$34E. Linden Reconstruction$2 $38 $383 $336$759Evans Lane Reconstruction$348 $20$368Adams‐Park Lawn Reconstruction$5 $133 $578 $781 $23 $2$1,522W. Chubbuck Rd. wall repair$15 $1$16Hockey Rink$73 $5 $10$88Hiline Rd Reconstruction$10 $234 $105 $29 $206 $1 $12 $597W Chubbuck‐Philbin Intersection$91 $23 $127$241Chubbuck‐Hawthorne Intersection signal$66 $28$94Briscoe Road Sidewalk$10$10W. Chubbuck, Joy to Galena$2 $92 $126$220Knudsen Blvd/Yellowstone Commons$84 $1,733 $2,039 $606 $21 $4,483Hiline Rd Water Line, Chubbuck to Siphon$502 $247 $13 $14 $776Allstate$135 $545 $400 $29 $250 $362 $362 $362 $327 $262 $18 $3,052Hockey Ice sheet$48 $10 $66 $28 $152Water System Cap. Impr. Wells 3 & 4 Emerg. Gen$17 $344 $202 $1 $564Afton Meadows $17 $19 $177$213I‐86 Water Line Crossing$15 $60$75Transfer to NWSI$228 $228 $228 $228 $228 $228 $228 $228 $228 $228 $2,280Capell Park Tennis Courts$142 $104 $40 $286Dell Rd Reconstruction$8 $476 $269 $5 $758Whitaker Rd Reconstruction$13 $13Stuart Additions Street Reconstruction$5 $14 $1,574$1,090 $2,683Industry/Southside Way Reconstruction$8 $8Stuart Park Renovation$350 $350Valenty Rd Reconstruction$8 $8Whitaker Rd Reconstruction$340 $458 $798Poline Waterline Upgrade$41 $41Country Acres Rd Reconstruction$46 $226 $3,115 $855 $4,242Dark Fiber$197 $161 $25 $383Patriot Square$47 $47 $47 $22 $163Downtown Property Purchase$193 $550 $150 $150 $250 $1,293Industry Way$290 $290Hawthorne Road$750 $750Siphon Road$500 $1,000 $500 $2,000Briscoe Road$800 $800Philbin / Chubbuck$1,300 $1,300Admin Fee$570 $855 $1,425TOTALS: $360 $578 $785 $898 $1,358 $997 $1,145 $1,541 $1,161 $761 $1,801 $1,289 $168 $1,107 $3,327 $2,750 $1,911 $960 $2,609 $2,453 $4,106 $3,107 $1,252 $3,032 $3,151 $42,6074/8/2019
Chubbuck Development Authority
FY 2018 Annual Report
January 2019
Submitted by:
Rodney Burch
Executive Director
2018 Annual Report - CDA.docx
Table of Contents
Introduction
o Organization
o Resolutions
Chubbuck Urban Renewal Plan
o FY 2017 Urban Renewal Projects (appendix “A”)
o FY 2018 Urban Renewal Budget (appendix “B”)
o FY 2019 to 2022 Potential Future Projects (appendix “C”)
Pine Ridge Urban Renewal Plan
o Proposed Pine Ridge Cash Flow (appendix “D”)
General Operations Fund Activities
Statement of Financial Activities
Conclusion
1
2018 Annual Report - CDA.docx
Introduction
The Chubbuck Development Authority (CDA) was officially created on April 11, 1992, by
resolution of the Chubbuck City Council. Its purpose is to eliminate slum and blight, and
deteriorated or deteriorating conditions within the designated boundaries of the urban
renewal area, as designated in the Agency’s Urban Renewal Plan. CDA also works
with the City of Chubbuck in responding to new business inquiries.
Organization
The Chubbuck Development Authority consists of seven (7) commissioners, who are
appointed to varying terms by the Chubbuck City Council. Current commissioners are :
Name Term Expiration Date
Meccina Price October 2022
Rick Keller October 2022
Steve Brown October 2021
Deloy Stuart October 2021
Daniel Heiner (Chair) October 2020
Annette Baumister October 2020
Thomas Nield October 2019
Also serving with the Authority are:
Thomas Holmes, Legal Counsel
Richard Morgan, Clerk and Treasurer
Rodney Burch, Executive Director
Devin Hillam, Associate Director
Nelli Simmons, Secretary
2
2018 Annual Report - CDA.docx
Resolutions
The Chubbuck Development Authority passed the following resolutions in Calendar
Year 2018:
Resolution 2018-01 passed on September 25th, 2018 establishes the Board of
Commissioners meeting to be held the third Tuesday of each month at 12:00 pm.
Resolution 2018-02 passed November 20th, 2018 established the officers to serve as:
Executive Director Rodney Burch
Associate Director Devin Hillam
Secretary Ranelle Simmons
Attorney Tom Holmes
Clerk / Treasurer Richard Morgan
Resolution 2018-03 passed November 20th, 2018 accepted the TIF Eligibility Study for
Siphon Interchange West Urban Renewal Area and authorized presentation of the
Study to City Council.
Resolution 2018-04 passed December 18th, 2018 established the TIF reimbursement
criteria for properties within the Urban Renewal Area associated with the Northgate
Interchange, Tyhee Road extension and Creative Community Zoned Development.
3
2018 Annual Report - CDA.docx
1992 Chubbuck Urban Renewal Plan
The Authority’s Urban Renewal Plan was adopted by the Chubbuck City Council via
Ordinance Number 385 on October 27, 1992. The Plan outlines the activities that the
Authority has proposed for the next several years, with the duration of the plan not to
exceed 30 years from the adoption of the Plan by the City Council, unless amended by
the Authority and authorized by the City Council.
The First Amendment to the plan was passed by City Council as Ordinance 758 on
August 3rd, 2016. The effect of this amendment was to remove certain parcel from the
plan to allow those areas to be included in the Pine Ridge Plan.
FY2018 Urban Renewal Projects
A brief description of FY 2018 projects undertaken through funding authorized by the
Chubbuck Development Authority Board follows.
1. CDA paid the fifth of ten payments to the City of Chubbuck for debt service to
the Northwest Sewer Interceptor project (NWSI). That annual payment is
$228,000.
2. CDA paid the development contractual obligations to Allstate Insurance.
Allstate has met all the criteria for employment which allowed full
compensation of $362,500.00.
3. Country Acres Roadway construction expenditure for FY’18 was $3,115,162.
The project was completed in Calendar Year 2018 but will have an estimated
$850,000 of final expenses paid in FY 2019.
4. The Dark Fiber Project continued in FY 2018 and had expenditures in the
amount of $161,604. The remaining approximately $22,000 will be completed
in FY 2019.
5. Industry Way and Southside Way reconstruction was completed in Calendar
Year 2018 but will be paid in FY 2019. The estimated final amount is
$295,000.
6. CDA paid the development obligations to Patriot Square via reimbursement in
the amount of $47,784. Additional reimbursement will occur in FY 2019.
7. CDA paid administrative fee costs to the City of Chubbuck in the amount of
$138,215.
4
2018 Annual Report - CDA.docx
8. The CDA acquired the following properties as part of the Downtown
Reinvestment Plan.
a. Parrish Warehouse located at 339 East Chubbuck Road. Final
purchase cost was $70,493
b. Existing home at 162 Evans Lane. Final purchase cost was $122,486.
c. Multiple parcels from Bill McKee in the total purchase price of
$1,100,000. Payment for this transaction will occur in FY 2019 to FY
2022.
A summary spreadsheet of FY’18 revenue and expenditures is shown in the attached
Appendix A.
FY2019 Urban Renewal Budget
During the FY 2019, CDA officers and board members will continue to review cash
flows to determine actual income and expenditures to manage the CDA’s ability to
proceed with identified projects, as described in the Urban Renewal Plan. FY 2019
budget includes Revenue from Tax Increment, Interest Earnings and expenditures for
the following projects:
NWSI Grant, Allstate, Country Acres Streets, Hawthorne Road, Industry / Southside
Way, Patriot Square, McKee Purchase and Dark Fiber Lease.
A summary spreadsheet of FY’19 budget is shown in the attached Appendix B
FY2020 to 2022 Potential Future Projects
CDA officers and board members will continue to review 2020 to 2022 projected cash
flows to manage the CDA’s ability to proceed with identified projects, as described in the
Urban Renewal Plan. CDA Officers will also assist both CDA and the City of Chubbuck
in reviewing potential new projects and providing analysis regarding the financial impact
of such projects on the district.
The spreadsheets in Appendix “C” show potential future projects and estimated cost for
each Fiscal Year. These projects are scheduled to begin construction as scheduled but
are dependent on availability of funding and priorities to be set by the Chubbuck
Development Authority Board.
Summary spreadsheets of FY’20 to FY 22 are shown in the attached Appendix C
5
FY2019 – Hawthorne Road – James to Siphon Road
Scope:
Budget = $750,000
Reconstruct the existing 2 travel lanes
Add curb, gutter, and sidewalk on west side of road
Potentially widen the existing lanes with assistance from water funds.
Project Issues:
Construction to follow installation of water line
Right-of-way will have to be obtained for the widened section
Canal bridge at James Ave. will be addressed at a future time when funding
allows.
Coordination with Fort Hall Irrigation to work inside their right-of-way
Hawthorne Road James Ave. Siphon Road Canal St 6
FY2020 – Siphon Road – Whitaker to Yellowstone
Scope:
Budget = $2,000,000
Replace the existing 2 travel lanes with 4 travel lanes and center turn lane
and landscaped islands
Include curb and gutter and a separated multi-use path on south side
Project Issues:
Construction to follow ITD’s (State’s) intersection project at Yellowstone
and Siphon. That project will install a traffic signal. This may require a delay
in the CDA project.
Right-of-way will have to be obtained on south side of Siphon Road
Coordination with Railroad for crossing. Will require widening the at-grade
crossing
Coordination with Fort Hall Irrigation for work inside their right-of-way
o It is likely that the road project will occur before Fort Hall is able to
finish their repair of the irrigation siphon.
Power poles will need to be relocated
Will include design for Whitaker/Siphon intersection
Siphon Road Whitaker Road Yellowstone Ave. Industry Way 7
FY2021 – Briscoe Road – Yellowstone to Stuart Ave.
Scope:
Budget = $800,000
Replace the existing road
Add curb, gutter, and sidewalk on both sides
Connect west end of Briscoe to Stuart Ave.
Project Issues:
Will require right-of-way on west end for Stuart Ave. connection
Water and Sewer connections to Stuart Ave. (paid for with utility funds)
Coordination with ITD for intersection at Yellowstone
Yellowstone Ave. Briscoe Road
8
Philbin Road Chubbuck Road
FY2022 – Philbin Road/Chubbuck Road Intersection
Scope:
Budget = $1,300,000
Construct a roundabout at the intersection
Preliminary design indicates single-lane roundabout with potential to widen
in the future
Project Issues:
Will require right-of-way on northeast corner (Bilyeu property)
Will require re-evaluation of traffic projections since 2009 design
May require some assistance from consultants
9
2018 Annual Report - CDA.docx
2016 Pine Ridge Urban Renewal Plan
The Pine Ridge Urban Renewal Plan was adopted by the Chubbuck City Council via
Ordinance Number 759 on August 3, 2016. The future revenue and expenditures of the
Pine Ridge Urban Renewal Plan will be administered by CDA under a separate plan,
but will be included in this annual CDA report.
2016 to 2036 Projects
The approved Pine Ridge plan establishes what improvement projects are eligible for
CDA participation. The Plan also predicts tax increment revenue generated by Plan
improvements. By agreement, CDA and the City of Chubbuck will reimburse Pine
Ridge ownership 100% of increment revenue less administrative cost which shall not
exceed $15,000.
The Pine Ridge plan generated $228,530 in Tax Increment and $3,427 in interest
earnings. Reimbursement in FY’18 was paid in the amount of $175,023. The $15,000
administrative fee was transferred to the CDA General Fund after the end of FY 2018
and is not reflected in this report.
Summary spreadsheets of the Pine Ridge Plan are shown in the attached Appendix D
10
2018 Annual Report - CDA.docx
General Fund Activities
The CDA General Operations Fund received $138,215 of administrative fees from the
1992 Chubbuck Urban Renewal Plan and $1,230 in misc. revenue from bank service
fee reimbursements.
The CDA General Operation Fund distributed the $138,215 to the City of Chubbuck as
reimbursement of City staff time dedicated to CDA functions.
These transaction created an ending balance of $1,230.
11
2018 Annual Report - CDA.docx
Statement of Financial Activities
The Unaudited Financial Statement of Activities for FY’ 18 will be provided under
separate cover. This report will be submitted in compliance to the requirements of I.C.
50-2006(c). The Audited Financial Statement will be submitted for approval when
completed.
Conclusion
The Chubbuck Development authority (CDA) continues to fulfill its charter by providing
ongoing financial and policy direction for business expansion in the district.
Amendments to the Urban Renewal Plan for the improvement of park s have been
successful thus far as well as the elimination of slum and blight. CDA is in a fiscally
sound position to both continue improving the area while moving forward those projects
identified in the Urban Renewal Plan.
Additionally, CDA continues to administer the 2016 Pine Ridge Urban Renewal Plan
and anticipates the creation of additional urban renewal plans in FY 2019.
12
2018 Annual Report - CDA.docx
Appendix A
FY’ 18 – Revenue and Expenditures
13
FY 2018 Summary ReportPROJECT FY 2018 BUDGET AMOUNTBUDGETED BALANCE ACTUAL AMOUNTACTUAL BALANCEBeginning Balance$2,501,941TAX INCREMENT REVENUE $2,500,000 $5,001,941 $2,552,680 $5,054,621OTHER REVENUE - Sidewalk Grant $0 $5,001,941 $0 $5,054,621INTEREST REVENUE $41,000 $5,042,941 $17,243 $5,071,864Revenue $2,541,000 $2,569,923CDA Administration Fee to City $0 $5,042,941 ($138,215) $1,057,545Misc$0 $5,042,941 ($2,148) $5,069,716Financial Audit$0 $5,042,941 ($3,240) $5,066,476NWSI Grant ($228,000) $4,814,941 ($228,000) $4,838,476Allstate($362,500) $4,452,441 ($362,500) $4,475,976Staurt Additions $0 $4,452,441 ($3,235) $4,472,741Country Acres Streets ($3,000,000) $1,452,441 ($3,115,162) $1,357,579Dark Fiber Lease ($190,000) $1,262,441 ($161,604) $1,195,975Industry / Southside Way (will be paid in FY19) ($400,000) $862,441 ($215) $1,195,760Parks Capital Improvements $0 $862,441 $0 $1,195,760Patriot Square Reimbursement $0 $862,441 ($47,784) $1,009,761Purchase Warehouse 339 East Chubbuck ($75,000) $787,441 ($70,493) $939,268Purchase House - 162 Evans Lane ($125,000) $662,441 ($122,486) $816,782Purchase Downtown Parcels - McKee ($1.1m) ($400,000) $262,441 $0 $816,782Expenditures ($4,780,500) ($4,255,082)Ending Balance$262,441 $816,782FY201814
2018 Annual Report - CDA.docx
Appendix B
FY’ 19 – Planned Revenue and Expenditures
15
FY 2018 Proposed BudgetPROJECT FY 2019 BUDGET AMOUNTBUDGETED BALANCE ACTUAL AMOUNTACTUAL BALANCEBeginning Balance$816,782TAX INCREMENT REVENUE $2,550,000 $3,366,782 $0INTEREST REVENUE $10,000 $3,376,782 $0Revenue $2,560,000$0CDA Administration Fee to City $0 $3,376,782 $0Misc($3,000) $3,373,782 $0Financial Audit($4,000) $3,369,782 $0NWSI Grant($228,000) $3,141,782 $0Allstate($362,500) $2,779,282 $0Country Acres ($855,000) $1,924,282 $0Hawthorne Road James to Siphon ($750,000) $1,174,282 $0Industry / Southside Way (built in CY18 paid in FY19) ($290,000) $884,282 $0Dark Fiber Lease ($25,000) $859,282 $0Parks Capital Improvements $0 $859,282 $0Patriot Square Reimbursement ($47,784) $811,498 $0Purchase Downtown Parcels - McKee ($1.1M) ($550,000) $261,498 $0Expenditures ($3,108,284) $0Ending Balance$261,498$0FY201916
2018 Annual Report - CDA.docx
Appendix C
FY’ 20 – FY’ 22 Proposed Revenue and Expenditures
17
FY 2020 Proposed BudgetPROJECT FY 2020 BUDGET AMOUNTBUDGETED BALANCE ACTUAL AMOUNTACTUAL BALANCEBeginning Balance$261,498TAX INCREMENT REVENUE $2,600,000 $2,861,498 $0INTEREST REVENUE $10,000 $2,871,498 $0Revenue$2,610,000 $0CDA Administration Fee to City $0 $2,871,498 $0Misc($3,000) $2,868,498 $0Financial Audit($4,000) $2,864,498 $0NWSI Grant($228,000) $2,636,498 $0Allstate($327,115) $2,309,383 $0Parks Capital Improvements $0 $2,309,383 $0Patriot Square Reimbursement ($47,784) $2,261,599 $0Siphon Road - Yellowstone to Whitaker ($500,000.00) $1,761,599 $0Purchase Downtown Parcels - McKee ($150,000) $1,611,599Expenditures ($1,259,899) $0Ending Balance$1,611,599 $0FY202018
FY 2021 Proposed BudgetPROJECT FY 2021 BUDGET AMOUNTBUDGETED BALANCE ACTUAL AMOUNTACTUAL BALANCEBeginning Balance$1,611,599TAX INCREMENT REVENUE $2,650,000 $4,261,599 $0INTEREST REVENUE $44,000 $4,305,599 $0Revenue $2,694,000$0CDA Administration Fee to City $0 $4,305,599 $0Misc($3,000) $4,302,599 $0Financial Audit($4,000) $4,298,599 $0NWSI Grant($228,000) $4,070,599 $0Allstate($262,400) $3,808,199 $0Parks Capital Improvements $0 $3,808,199 $0Patriot Square Reimbursement ($22,121) $3,786,078 $0Briscoe Road (from 2019) ($800,000) $2,986,078Siphon Road - Yellowstone to Whitaker ($1,000,000.00) $1,986,078CDA Aministration Fee (FY12-FY16) ($570,000) $1,416,078Purchase Downtown Parcels - McKee ($150,000) $1,266,078Expenditures ($3,039,521) $0Ending Balance$1,266,078$0FY202119
FY 2022 Proposed BudgetPROJECT FY 2022 BUDGET AMOUNTBUDGETED BALANCE ACTUAL AMOUNTACTUAL BALANCEBeginning Balance$1,266,078TAX INCREMENT REVENUE $2,700,000 $3,966,078 $0INTEREST REVENUE $45,000 $4,011,078 $0Revenue $2,745,000$0CDA Administration Fee to City $0 $3,966,078 $0Misc($3,000) $3,963,078 $0Financial Audit($4,000) $3,959,078 $0NWSI Grant($228,000) $3,783,078 $0Allstate($18,236) $3,764,842 $0Parks Capital Improvements $0 $3,764,842 $0Philbin / Chubbuck Intersection ($1,300,000) $2,464,842Siphon Road - Yellowstone to Whitaker ($500,000) $1,964,842CDA Aministration Fee (FY17-FY22) ($855,000) $1,109,842Purchase Downtown Parcels - McKee ($250,000) $859,842Expenditures ($3,151,236) $0Ending Balance$859,842 $0FY202220
Program Cash BalancesFiscal Year Program Cash Balance Admin Cash Balance Total Cash BalanceFY2018 $816,782FY2019 $261,498FY2020 $1,611,599FY2021 $1,266,078 $570,000 $1,836,078FY2022 $859,842 $1,425,000 $2,284,842$816,782 $261,498 $1,611,599 $1,266,078 $859,842 $570,000 $1,425,000 $0$500,000$1,000,000$1,500,000$2,000,000$2,500,0002018 2019 2020 2021 2022CDA Administration Cash BalanceProgram Cash Balance21
2018 Annual Report - CDA.docx
Appendix D
Pine Ridge Plan
Planned Revenue and Expenditures
22
PINE RIDGE MALL ‐ URBAN RENEWAL AREAPROJECT DISCIPLINE2017 2018 2019Total Cost Eligible CostReimbursement Earned To Date Amount RemainingApproved Reimbursement AmountApproved Reimbursement AmountApproved Reimbursement AmountCenter RenovationParking Lot RenovaitonRing Road Renovaitons 250,000$ 250,000$ 250,000$ $0 250,000.00$ Sector Box Relocations ‐ Red Lobster 300,000$ Parking Lot Lighting Renovations 1,000,000$ 1,000,000$ 70,484$ $929,516 70,484.08$ Parking Lot Rehab 5,215,000$ 5,215,000$ 1,118,692$ $4,096,308 1,118,691.67$ Paving Preseravtion 750,000$ 750,000$ ‐$ $750,000Striping 300,000$ 300,000$ 14,861$ $285,140 14,860.50$ Pine Ridge Mall Site Work & UtilitiesMall Expansion Site Work 850,000$ Pad Site 8 Site Work 125,000$ Pad Site 1 Utilities 200,000$ Pad Site 1 Stormwater 75,000$ Mall Outlot Builidng Site Work 900,000$ Shops at Pine Ridge Demo, Site Work & UtilitiesDemo Deteriorated Theater and Diner 190,000$ 190,000$ 189,500$ $500 189,500.00$ Site Infrastructure / Parking / Drive Isle 600,000$ 600,000$ 513,471$ $86,529 513,470.95$ Site Lighting 100,000$ 100,000$ 91,138$ $8,862 91,137.59$ Road Construction 160,000$ 160,000$ 145,634$ $14,366 145,633.90$ Roofing Replacement‐$ Main Mall and Maintenance Area 127,898$ Main Mall 600,000$ Cal Ranch 200,000$ JCP 200,000$ Herbergers 215,000$ Mall Renovation‐$ J:\Administration\Chubbuck Development Authority\Pine Ridge Mall Farmer Holding\Program Spreadsheets\Reimbursment Schedule.xlsx12/31/201823
PINE RIDGE MALL ‐ URBAN RENEWAL AREAPROJECT DISCIPLINE2017 2018 2019Total Cost Eligible CostReimbursement Earned To Date Amount RemainingApproved Reimbursement AmountApproved Reimbursement AmountApproved Reimbursement AmountMall RenovationPylon Sign 260,000$ Exterior Mall Signs 120,000$ Comon Area HVAC Units‐$ RTU 1 & 2 60,000$ RTU 7, 8, 9, 10 67,500$ RTU 3 & 4 60,000$ RTU 5 & 6 60,000$ Upgrade Common Area Ceiling and Lighting 1,143,500$ Skylights 450,000$ Replace Common Area Tile Floor 1,547,570$ Replace Waterprooffing Exterior Cosnturction Joints 65,494$ Mall Entrances 1,000,000$ Interior Mall Common Area Painting 375,000$ Renovate Restrooms 450,000$ Interior Landscaping 165,000$ Interior Furniture Seating Area 330,000$ Common Area Music 60,000$ Replacement RMU's 525,000$ Food Court Furniture 100,000$ Common Area Trash 24,000$ Play area 450,000$ Exterior Landscaping 700,000$ Paint Exterior Mall 245,000$ Service Hall Doors 65,000$ Potential Demolition 3,000,000$ Contingency 1,184,048$ 428,250.00$ 9,068$ $419,182 9,067.82$ TOTAL24,865,010$ 8,993,250$ 2,402,847$ $6,590,403 2,402,846.51$ ‐$ J:\Administration\Chubbuck Development Authority\Pine Ridge Mall Farmer Holding\Program Spreadsheets\Reimbursment Schedule.xlsx12/31/201824
PINE RIDGE MALL ‐ URBAN RENEWAL AREAPROJECT DISCIPLINE2017 2018 2019Total Cost Eligible CostReimbursement Earned To Date Amount RemainingApproved Reimbursement AmountApproved Reimbursement AmountApproved Reimbursement AmountTenant ConstructionShops at Pine RidgePad Site 4 Infrastructure / Parking / Drive Isle 500,000$ 500,000$ 186,799$ $313,201 186,799.38$ Pad Site 4 TA 225,000$ Pad Site 5 Infrastructure / Parking / Drive Isle 50,000$ 50,000$ 50,000$ $0 50,000.00$ Pad Site 6 Infrastructure / Parking / Drive Isle 800,000$ 800,000$ 182,625$ $617,375 182,625.17$ Pad Site 6 Tenant Buildout 290,000$ Pad Site 6 TA 115,000$ Pine Ridge MallMall Expansion Building 2,700,000$ Pad Site 7 Shell 750,000$ Pad Site 7 TA 300,000$ Pad Site 2 Infrastructure / Parking / Drive Isle 50,000$ 50,000$ ‐$ $50,000Pad Site 8 Building 180,000$ Pad Sote 8 TA 90,000$ Pad Site 1 Infrastructure / Parking / Drive Isle 400,000$ 400,000$ ‐$ $400,000Mall Outlot Building 3,200,000$ Inline Mall Shop Space TA 7,289,211$ Inline Mall Shop Space LL Work 10,933,817$ Contingency 1,393,650$ 90,000$ ‐$ $90,000TOTAL29,266,678$ 1,890,000$ 419,425$ $1,470,575 419,424.55$ ‐$ J:\Administration\Chubbuck Development Authority\Pine Ridge Mall Farmer Holding\Program Spreadsheets\Reimbursment Schedule.xlsx12/31/201821
PINE RIDGE MALL ‐ URBAN RENEWAL AREAPROJECT DISCIPLINE2017 2018 2019Total Cost Eligible CostReimbursement Earned To Date Amount RemainingApproved Reimbursement AmountApproved Reimbursement AmountApproved Reimbursement AmountSoft CostSite Work Engineering 1,051,571$ 195,899$ 125,458$ $70,441 125,457.85$ Architecture 843,038$ Brokerage Fees‐$ Legal 375,000$ Accounting 110,000$ Developers Fee 2,706,585$ Financing Cost 2,594,907$ Financing Cost (Infrastructure) 652,995$ 652,995$ 148,092$ $504,903 148,091.89$ Administrative / Overhead 1,082,635$ Contingency 470,837$ TOTAL9,887,568$ 848,894$ 273,550$ $575,344 273,549.74$ ‐$ GRAND TOTAL64,019,256$ 11,732,144$ 3,095,821$ $8,636,323 3,095,820.80$ ‐$ Tax Increment Received‐$ 228,530.00$ CDA Administration Fee‐$ 15,000.00$ Reimbursement Amount‐$ 175,023.00$ Reimbursement Due Balance3,095,820.80$ 2,920,797.80$ J:\Administration\Chubbuck Development Authority\Pine Ridge Mall Farmer Holding\Program Spreadsheets\Reimbursment Schedule.xlsx12/31/201822
PROJECT PROJECTED AMOUNT
PROJECTED
BALANCE ACTUAL AMOUNT
ACTUAL
BALANCE
Beginning Balance $0 $0
2017 Revenue $0 $0
2017 Expenditures ($3,095,822) ($3,095,822)
($3,095,822) ($3,095,822)
2018 Revenue $385,126 $175,023
2018 Expenditures ($1,058,160) $0
($3,768,856) ($2,920,799)
2019 Revenue $385,126 $0
2019 Expenditures ($612,706) $0
($3,996,436) ($2,920,799)
2020 Revenue $400,081 $0
2020 Expenditures ($590,000) $0
($4,186,355) ($2,920,799)
2021 Revenue $407,671 $0
2021 Expenditures ($290,000) $0
($4,068,684) ($2,920,799)
2022 Revenue $415,337 $0
2022 Expenditures ($290,000) $0
($3,943,347) ($2,920,799)
2023 Revenue $423,079 $0
2023 Expenditures ($295,000) $0
($3,815,268) ($2,920,799)
2024 Revenue $430,899 $0
2024 Expenditures ($295,000) $0
($3,679,369) ($2,920,799)
2025 Revenue $438,797 $0
2025 Expenditures ($295,000) $0
($3,535,572) ($2,920,799)
2026 Revenue $446,774 $0
2026 Expenditures ($295,000) $0
($3,383,798) ($2,920,799)
2027 Revenue $454,831 $0
2027 Expenditures ($295,000) $0
($3,223,967) ($2,920,799)
2028 Revenue $462,969 $0
2028 Expenditures ($295,000) $0
($3,055,998) ($2,920,799)
2029 Revenue $471,187 $0
2029 Expenditures ($295,000) $0
($2,879,811) ($2,920,799)
2030 Revenue $479,488 $0
2030 Expenditures ($580,000) $0
($2,980,323) ($2,920,799)
2031 Revenue $487,872 $0
2031 Expenditures ($295,000) $0
($2,787,451) ($2,920,799)
2032 Revenue $496,340 $0
Projections
23
2032 Expenditures ($295,000) $0
($2,586,111) ($2,920,799)
2033 Revenue $504,893 $0
2033 Expenditures ($295,000) $0
($2,376,218) ($2,920,799)
2034 Revenue $513,531 $0
2034 Expenditures ($295,000) $0
($2,157,687) ($2,920,799)
2035 Revenue $522,255 $0
2035 Expenditures ($295,000) $0
($1,930,432) ($2,920,799)
2036 Revenue $522,255 $0
2036 Expenditures ($295,000) $0
($1,703,177) ($2,920,799)
Ending Balance ($1,703,177) ($2,920,799)($3,095,822)($3,768,856)($3,996,436)($4,186,355)($4,068,684)($3,943,347)($3,815,268)($3,679,369)($3,535,572)($3,383,798)($3,223,967)($3,055,998)($2,879,811)($2,980,323)($2,787,451)($2,586,111)($2,376,218)($2,157,687)($1,930,432)($1,703,177)($3,095,822)
($2,920,799)
($4,500,000)
($4,000,000)
($3,500,000)
($3,000,000)
($2,500,000)
($2,000,000)
($1,500,000)
($1,000,000)
($500,000)
$0
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036
PROJECTED BALANCE
ACTUAL BALANCE
Projections
24
Chubbuck Development Authority Payment Approval Report - by GL Page: 1
Report dates: 4/16/2019-4/16/2019 Apr 09, 2019 11:15AM
Report Criteria:
Invoices with totals above $0 included.
Paid and unpaid invoices included.
GL Account and Title Segment Fund
Vendor Name Invoice Number Description Invoice Date Net Invoice Amount Amount Paid Date Paid
23-4001-699 MISCELLANEOUS EXPE CHUBBUCK URBAN REN
BEARD ST CLAIR GAFFN 411741 General Counsel w/ Mayor and Staff 03/11/2019 240.00 .00
Total :240.00 .00
23-4424-770 CDA COUNTRY ACRES S CHUBBUCK URBAN REN
KNIFE RIVER CORPORA COUNTRYAC Country Acres-Pay App #12 02/15/2019 136,526.88 .00
Total :136,526.88 .00
23-4600-501 Northgate TIF Eligibility St CHUBBUCK URBAN REN
ELAM & BURKE PA 178156 West of I-15 Urban Renewal Plan 2/4/02/28/2019 225.00 .00
Total :225.00 .00
Grand Totals: 136,991.88 .00
Dated: ______________________________________________________
CDA Chair: ______________________________________________________
PW Director: ______________________________________________________
______________________________________________________
______________________________________________________
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City Recorder: ______________________________________________________
City Treasurer: ______________________________________________________