HomeMy WebLinkAboutTIF Minutes 1-16/
Downtown Tax Increment Finance
Board Meeting Minutes
January 19, 2016
Attending: Bobby Bear, Bob Hietala, Vonda Laird, Bob Lashaway, Bill Stoddart, Jeff Krauss, Chris Naumann
Absent: Shannon Haish
Public Comments: None
Disclosure: None
Minutes
Chris
apologized for neglecting to send the November meeting minutes to the board in advance. They will be considered for approval at the February meeting.
Financial Report
Chris presented
the finance report as of January 19, 2016.
Income for the first half of the fiscal year was reported as follows: TIF Income $213,500; COB Interlocal Share $246,251; and MT Entitlement
Share $28,025.
The most recent expenses included: $25,000 for 3rd quarter management fee; approximately $9200 for infrastructure improvement projects; and just over $13,800 for planning
projects.
The board had no other questions regarding the finance report.
Executive Director’s Report
Technical Assistance Program Update—
Four grants have been awarded in FY2016—shown
at the bottom of the chart. The chart also lists uncompleted grants that were awarded in FY2015. Keep in mind that the committed grant amounts are only tentative since the actual reimbursement
amount will be determined as a one to one match upon completion of the grant work. As a reminder, the Planning grants have a $7500 cap and the Façade grants are capped at $3000. Bold
listings indicate completed.
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Building Project Updates
5 West Building (northwest corner of Mendenhall and Tracy) Construction began on Friday October 2nd with the demolition of the
old Opportunity Bank building.
Block M Residences (on Lamme between Black & Tracy) Construction of Phase 2—8 additional units is now complete.
Dutton Building (131 West Main--corner
of Grand and Main) Completed and leased.
Etha Hotel (old Armory building) the project has all the entitlements and permits needed to begin construction but no start date has been publicized.
Willson
Residences (old East Willson School) being redeveloped into 18 residential units with underground parking. Partial completion scheduled for Summer 2016.
Downtown URP Amendment Update
The
Downtown Urban Renewal Plan amendment process went smoothly and on schedule. The Planning Board recommended adoption on November 17, 2015. The City Commission public hearing and first
reading of the ordinance on December 7, 2015 was very positive. The second reading and adoption of the ordinance took place at the December 28, 2015 City Commission meeting. As with
any new ordinance, the amended URP will be effective 30 days following City Commission adoption.
Downtown Fiber Network Project Update
On January 11, 2016 I spoke in support of a City
Commission resolution authorizing leasing and licensing policies be established by which Bozeman Fiber and internet service providers can lease fiber conduit and other constructed components
of the fiber network.
In the coming weeks, the City will put out an RFP for construction bids for the installation of the fiber conduit within the Downtown and North 7th urban renewal
districts. Utility locates will be taking place downtown in preparation for the conduit to be installed beginning late spring or early summer.
Planning Updates
In this section I will
provide update about several important City planning processes.
City of Bozeman Planning Updates
Transportation Master Plan www.bozemantmp.com
Consultants: Peccia & Associates (Helena),
Alta Planning (Bozeman)
Timeline: September 2015 (kickoff) through September 2016 (adoption)
UDC Revisions http://bozeman.net/Projects/UDCCodeupdate/Home
Consultants: Makers (Seattle),
Leland Group (Portland), Studio Cascade (Spokane)
Timeline: September 2015 (kickoff) through February 2017 (adoption)
Neighborhood Conservation Overlay District Analysis
Consultants:
KLJ/ArchTrio
Timeline: Final report released December 18, 2016
http://www.bozeman.net/CMSPages/GetFile.aspx?nodeguid=39bede2f-b3ab-4c6c-a7c3-f2d4696e4ecb&lang=en-US
Comprehensive Parking
Plan
Consultants: Rick Williams Consulting (Portland)
Timeline: September 2105 (kickoff) through April 2016 (adoption)
2017 Downtown Improvement Plan
Consultants: yet to be determined
Timeline:
yet to be determined…RFP spring/summer 2016
Discussion and Decision Items
Downtown Parking Plan Update
Chris presented the Rick Williams Consulting “Comprehensive Downtown Parking
Plan” PowerPoint that had been featured at three public meetings the week prior. Chris indicated that about six member of the public attended the “neighborhoods and residents” presentation;
only two members of the public were at the Parking Commission presentation; and at least 40 attended the “building and business owner” presentation. The presentation is attached to these
minutes.
The board discussed that the initial findings seemed to be on the right track. They asked what were the predominant questions and discussion topics from the three public meetings.
Chris said that the residents were concerned about parking overflowing into the adjacent neighborhoods and asked about residential parking districts. At the downtown owners meeting the
subject of parking meters was discussed. Chris said Rick Williams did a good job of emphasizing that parking meters are one of over a dozen funding tools and at the end of the day the
community gets to decide which of those funding tools to utilize.
Downtown Streetscape SID Update
Chris informed the board that in light of the fact that a establishing parking SID
may be a recommendation of the Downtown Parking Plan, he has suspended efforts to initiate a streetscape SID. He said he feels that only one downtown SID would be feasible and the most
important funding need may well be parking.
He asked the board if they would agree to revisit the SID options once the final Downtown Parking Plan is adopted. They agreed.
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