HomeMy WebLinkAbout08-03-17 Midtown URB minutes
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APPROVED minutes from August 3, 2017 board meeting
Voted on and approved during October 5, 2017 meeting
held at the City Hall, Madison Room
TO DO List:
Everyone attend August 21 commission meeting
attend September 7 board meeting
In attendance: Austin Rector, Kevin Cook, Scott Hedglin, Nick Rodgers, Carl Solvie, Susan
Fraser, Andrew Cetraro, David Fine, Brit Fontenot, Jeff Krauss, Bill Fogarty
Call to Order – Scott called the meeting to order at 4:30pm.
C. Public Comment
None
D. Meeting Minutes
Kevin motioned approval of minutes from June 1 meeting; Carl seconded. All in favor.
E. Special Presentations
None
F.3. Action Item – Midtown Apartment Assistance Grant application
Luke Welborn joined the table for his presentation (see Attachment A for visual). Luke
spoke to this project’s forecasted tax revenue for the district. Leland Consulting also did
tax analysis (see Attachment B), revealing net increase of $26k/year. Brit noted the 10:1
return on investment would be met.
David spoke to his staff report and recommendation of approving $88k (see Attachment C).
He alerted the board to having only $100k in the budget for such grants. Scott thanked
Luke for his presentation and asked for public comment. Seeing none, discussion of
motion began with Scott noting he thought the storm drainage portion should be
something the board should include in this grant as this is an innovative solution that
would help the district. Brit noted that the lot size issue, concerning drainage, will come
up again and again in future projects. Kevin noted he liked the recommendation of the
staff report at $88,481,61. Bill said eh could not approve anything above the staff
recommended dollar figure.
Carl motioned to authorize staff to negotiate a development agreement with the Applicant
for TIF Assistance not-to-exceed $88,481.61 and to recommend the Midtown Apartments
project for TIF Assistance to the Bozeman City Commission. Kevin seconded. Scott is
opposed due to thinking we should include storm drainage; all others in favor.
F.2. Action Item – Adopt Midtown Action Plan
Alisa with Leland Consulting on the phone. She noted the intent is to leverage and
proactively manage major growth in Bozeman, garnering private investment as
demonstrated with Midtown Apartments project above. She added the plan looks at what
is return on the investments of the TIF dollars (See Attachment D for the implementation
portion of plan).
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Alisa asked board if agrees with the barriers noted. Kevin mentioned he did not see any
structured public parking included, and David responded such should be coordinated, i.e.
specific public project to specific private project. Jeff said need to include in this plan that
time is of the essence, sunset fast approaching. Alisa will add the sunset language.
Systemwide improvements and private improvements with known infrastructure lists
included in the plans’ appendices. This plan, with brief edits discussed here, is being
presenting to the city commission on August 21. Board should attend if possible.
Kevin motioned acceptance of the action plan; Andrew seconded. All in favor.
F.1. Approve Logo Committee Recommendation for new Midtown Logo
Alexa with Prime, the marketing group with which Midtown has a professional services
agreement, joined the table to present three design options (See Attachment E for lightpole
banner portion of design work).
Option 2 received majority positive responses. Andrew motioned to authorize staff to work
with Prime in implementing new logo design to website, letterhead, project signage, etc.
Carl seconded the motion. All in favor.
FYI/Discussion
none
Adjournment
Scott adjourned at 6:16pm.
Board attendance chart yr2017
Name J F M A M J J A S O N D
Hedglin, Chair * * * * * * *
Cook, Vice Chair * * * *
Fraser, Recorder * * * * * * *
Cetraro * * * * * * *
Fogarty * * * * *
Rector * * * * *
Solvie * * * *
Palmer * * * *
Rodgers * * * * * *
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Attachment A
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Attachment B
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Attachment C
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Attachment D
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Attachment E
Option 1 Option 2 Option 3