HomeMy WebLinkAbout01 02 2025City of Chubbuck
290 E Linden Ave.
CHUBBUCK Chubbuck, ID 83202
208.237.2400
The urban renewal agency in the City of Chubbuck, Idaho
Minutes of the Chubbuck Development Authority (CDA) meeting held at Chubbuck City Hall
Council Chambers, on January 2, 2025 at 5:30 pm.
Chair Dan Heiner, Commission Members: Rick Keller, Jeff Hough, Krystal Denney, and
Amanda James, Attorney; T.J. Budge, Community Services Director; Devin Hillam, and City
Clerk Joey Bowers.
Chair Dan Heiner called the meeting to order at 5:30pm.
Heiner asked if any Board Members had a conflict of interest with the items before the board.
None were reported.
GENERAL BUSINESS
1. Consider a request by Cornerstone Realty and Development to extend the schedule of
performance under the Disposition and Development Agreement (DDA) for 152 Evans
Lane by 90 days.
Attorney T.J. Budge presented a request by Cornerstone Realty and Development
attorney to extend the schedule of performance under the Disposition and Development
Agreement (DDA) for 152 Evans Lane by 90 days.
Josh Ellis represented Cornerstone Realty and Development. Mr. Ellis reminded the
board that as discussed during their December 9, 2024 meeting that he had an approved
preliminary and final plat for the entire project with the City. At the time of the
December meeting he had just recently found out that he will need to go back through
another design review and resubmit a preliminary and final plat to show that this
development will be developed in different phases. That will need to be reapproved by
both the Land Use Board and the City Council. After meeting with City Staff that process
is going to take longer than originally expected. Cornerstone Realty and Development
was concerned about closing on the land at 152 Evans Lane and taking procession of that
land until receiving final approval on the phasing preliminary and final plats with the
City.
Budge did have some similar concerns with Cornerstone Realty and Development
closing on the land at 152 Evans Lane and taking procession. Due to the fact that for
some reason the resubmitted preliminary and final plats don't get approved by the City.
The CDA will have to retake procession of that property from the developer.
Community Services Director Devin Hillam went over city code and the different
requirements, and timelines for design review, and for the preliminary and final plats.
Budge asked if Cornerstone Realty and Development was asking for an extension for
the closing of the property and an extension on the development timeline as listed within
the DDA. Ellis stated that they were only asking for a 90 day closing extension from the
current January 4, 2025 closing date.
Denney asked if Cornerstone Realty and Development had met all the requirements
within the DDA with the CDA.
Budge went through different sections of the Disposition and Development
Agreement (DDA) between the Chubbuck Development Authority (CDA) and
Cornerstone Realty and Development for the property located at 152 Evans Lane.
The Board decided to move onto general business item #2 to enter into executive
session to communicate with legal counsel before continuing discussions. After exiting
executive session to communicate with legal counsel the Board continued their
discussions on general business item #1.
Hough motioned to approve/amend a 90 day closing date extension from January 4, 2025 to
April 4, 2025 and amend section 5.4.1(a) of the DDA to include evidence of financing for the
structural drawings for the steel/concrete and for the HVAC/electrical engineering fees, final
construction loan/SBA loan approval for financing, and amend section 12.6 to include any
extension of time must be requested in writing and must be approved and accepted by both
parties. Denney seconded.
Roll call vote: Keller, Yes; Heiner, Yes; James, Yes; Hough, Yes; Denney, Yes; Motion carried.
Keller motioned to authorize the chair to sign the addendum to the Disposition and Development
Agreement (DDA) as presented for 152 Evans Lane after final review and approval from legal
counsel. Denney seconded.
Roll call vote: Heiner, Yes; James, Yes; Hough, Yes; Denney, Yes; Keller, Yes; Motion carried.
2. Executive session to communicate with legal counsel regarding pending/imminently-
likely litigation [Idaho Code § 74-206(1) (f)].
Hough motioned to enter into an executive session.
James seconded motion to enter into executive session.
Roll call vote: Hough, Yes; Denney, Yes; Keller, Yes; Heiner, Yes; James, Yes; Motion carried.
Hough motioned to exit the executive session.
James seconded motion to exit executive session.
Roll call vote: Denney, Yes; Keller, Yes; Heiner, Yes; James, Yes; Hough, Yes; Motion carried.
ADJOURN: Heiner adjourned at 7:22pm.
NEXTREGULAR CHEDULED MEETING: January 21, 2025, at 5:30 PM
F
D Heiner Commission Chair J6/�ers, City Clerk