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HomeMy WebLinkAbout004.25.17CHUBBUCK The urban renewal agency for the City of Chubbuck, Idaho City of Chubbuck 5160 Yellowstone Avenue PO Box 5604 Chubbuck, ID 83202.0006 208.237.2400 Minutes of the Chubbuck Development Authority quarterly meeting held at Chubbuck City Hall Council Chambers, 5160 Yellowstone on April 25, 2017 at 5:30 pm. Chairman Dan Heiner. Commission Members: Mecinna Price, Rick Keller, Evan Frasure, Deloy Stuart, Tom Nield, Annette Baumeister. Mayor: Kevin England. Executive Director: Rodney Burch. Clerk: Richard Morgan. Deputy Clerk: Joey Bowers. Office Administrator: Ranelle Simmons. Chairman Heiner called the meeting to order at 5:30 pm. APPROVAL OF MINUTES: for January 24, 2017 Heiner entertained a motion to approve the minutes. Stuart moved the minutes of January 24, 2017, be approved as mailed; Keller seconded. All voted to approve. Heiner entertained a motion to approve tonight's agenda. Keller moved to accept the agenda as mailed. Seconded by Nield. All voted in favor. Urban Renewal Plan Objectives Discussion on # 6 that it is intended to state "parking" Historic CDA Expenditures No questions or comments from the commission. 3. Patriot Square TIF Application Burch shared that Patriot Square is where Geronimo's is located on East Chubbuck Road. Staff has reviewed the application and it does meet CDA and City of Chubbuck criteria. Matt Sutton was in attendance as one of the owners and to share their plan. The intent is to make this a commercial business park to help increase the tax revenue for the City. The area has been rezoned. 20,000 to 30,000 railroad ties have been hauled to the landfill or given away. There was an environmental study done because of the creosol on the railroad ties and the results were no issues found. Stuart suggested that the word get out that it is a safe area. Asking for up to $183,893.09 in qualifying costs that is based on the public utilities. Asking for the 90% of that amount which is $165,473.00. $513,541.44 has been spent so far. The TIF will expires in 2022. Resolution 5-2008 and their projections were discussed. J:\Administration\Chubbuck Development Authority\CDA SECRETARY\Minutes\2017\004.25.17.docx Heiner entertained a motion to approve the application from Patriot Square asking for financing as presented. Baumeister moved to approve the Patriot Square TIF application as presented. Nield Seconded. All voted in favor. 4. 2017 Construction Updates Burch updated the board on the status of the projects listed below: • NWSI Grant • Allstate • Industry Southside Way • Stuart Addition Streets • Country Acres • Dark Fiber Lease • Parks Capital Improvements Bids were opened today for Country Acres Reconstruction. The budget thru CDA was 2.8 million, 1.8 million in fiscal year 2017 and 1 million in fiscal year 2018. The lowest bid is 4.4 million dollars. The project is being reevaluating. 40% increase because the economy is doing well, contractors are busy and supply prices went up. Many of the residents that have talked to the Mayor do not want sidewalks. The residents have known from the beginning that this project is budget driven. Suggestion was made to inform the residents of the Local Improvement District possibilities. Then the residents will know that they had a choice and they make the decision if they want to do the work it will take. Cotant Park will possibly have 2 more baseball fields constructed. More parking spaces will be added. 5. Public Comment — CDA Annual Report and Plan Burch informed commissioners that this is the same plan presented in January. This is on the agenda to allow the public to ask questions. No one was in attendance to ask questions or to make comments. Heiner entertained a motion to accept the CDA financial plan. Stuart moved to accept the CDA annual report and plan. Seconded by Keller. All voted in favor. ADJOURN: Heiner entertained a motion to adjourn. Stuart moved to adjourn. Nield seconded at 6:55 pm. NEXT MEUING: July 25,A17 f O Dan Heiner, 4dm&ssion Chair Ra�elle Simmons, Office Administrator J:\Administration\Chubbuck Development Authority\CDA SECRETARY\Minutes\2017\004.25.17.docx