HomeMy WebLinkAboutTIF Minutes 1-17
Downtown Tax Increment Finance
Board Meeting Minutes
January 17, 2017
Attending: Bob Hietala, Vonda Laird, Cory Lawrence, Bobby Bear, Bill Stoddart, Jeff Krauss,
Chris Naumann
Absent: None
Public Comments: None
Minutes
ACTION: Bill Stoddart moved to approve the November minutes as presented. Vonda Laird seconded the motion. All voted in favor.
Financial Report
The January finance report expenses included: 3rd Quarter Partnership Management fee
$26,250; Fiber infrastructure $9,500; $2,222 for streetlamp repair and maintenance; Intersection
cable and anchor repairs and maintenance $19,726; and $6600 for DURT Phase 1 Mendenhall preliminary design.
The board had no other questions regarding the finance report.
Executive Director’s Report
Technical Assistance Program Update Two grants have been awarded thus far for FY2017—shown at the bottom of the chart. The chart also lists uncompleted grants that were awarded in FY2016. 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. (see summary chart on next page)
Downtown Fiber Network Project Update
The new fiber network engineer is KLJ and they are finalizing the next phase of conduit
installation. I should have some maps and project cost estimate in February. TIF Legislation Update (See separate handout)
On January 10th, I travelled to Helena and testified against Senate Bill 27. I will continue to
follow and testify on several bills regarding various aspects of the Urban Renewal Law and Tax
Increment Financing. One important detail about the legislation being proposed this session
versus those in the past is that Jess Essmann, a Republican leader in the Senate and Chairman of the Montana Republican Party, is introducing and sponsoring several bills addressing TIF
“issues”. He has considerable more political clout than previous TIF bill sponsors.
Building Project Updates Lark Addition (corner of Grand and Main) 4 story building with 28 new Lark hotel rooms. Construction began in December 2016.
5 West Building (northwest corner of Mendenhall and Tracy) Construction began on
October 2016. First floor businesses scheduled to open in April 2017 and the upper floors
completed in June 2017. Etha Hotel (old Armory building) first phase of foundation work complete. No date for when construction will resume.
Willson Residences (old East Willson School) being redeveloped into 18 residential
units with underground parking. Partial completion scheduled for Summer 2016.
Rialto Theater under construction to be completed by August 2017. Black & Olive Apartments formal site plan application was submitted in late September. Would like to begin construction in March 2017 and be completed in May 2018.
New Businesses Update
• Jam Fusion Restaurant—opened December 13, 2016
• Union Market— Mendenhall/Rouse…Service Elec (south) opening date unknown
• Squire House—Element Hotel restaurant is under construction
• F-11 Space—vacant
• Headroom Space—vacant
• Reflections—vacant
Planning Updates
Date Project Name Project Address Applicant Professional Type Value
8/21/2015 712 East Main 712-716 East Main BCHO Architects BCHO Architects Plan/Façade $10,500
12/28/2015 Rialto 10 West Main BARC Thinktank Planning $7,500
12/30/2015 Big Sky Western Bank 106 East Main Big Sky Western Sanderson Stewart Façade $3,000
Total 21,000$
Date Project Name Project Address Applicant Professional Type Value
10/31/2016 Owenhouse 2nd Floor 26 East Main Larry Bowman Yellowstone Arch Planning 7500
10/31/2016 Owenhouse 2nd Floor 26 East Main Larry Bowman Yellowstone Arch Façade 3000
Total 10,500$
FY17 Budget 50,000$
remaining 39,500$
Technical Assistance Program FY2016 Report
Technical Assistance Program FY2017 Report
In this section I will provide update about several ongoing City planning processes.
Transportation Master Plan www.bozemantmp.com Consultants: Peccia & Associates (Helena), Alta Planning (Bozeman)
Timeline: September 2015 (kickoff) through September 2016 (adoption)
Update: Draft plan available in July 2016
UDC Revisions http://bozeman.net/Projects/UDCCodeupdate/Home Consultants: Makers (Seattle), Leland Group (Portland), Studio Cascade
(Spokane)
Timeline: September 2015 (kickoff) through March 2017 (adoption)
City Vision & Strategic Plan Consultants: HDR
Timeline: March 2016 (kickoff) through October 2016
2017 Community Plan (City Growth Policy) Update Consultants: City release RFP for consultants January 2017 Timeline: October 2016 through late 2017
Discussion and Decision Items
Downtown Policy Discussion Chris provided a brief update about the City Commission’s downtown policy discussion on
Monday November 28, 2106. He said the discussion went well with a detailed staff presentation
regarding the long history of downtown planning efforts including: 1958 B3 zoning designation;
1995 Urban Renewal Plan; 1998 Downtown Improvement Plan; 2009 Downtown Improvement
Plan; and all the related and subsequent code revisions. Chris said he gave a 10 minute overview of the 2009 Downtown Improvement Plan. The commission asked several questions of
both the Planning staff and Chris. In all, Chris thinks the discussion was positive and reaffirmed
decades of thoughtful and intentional planning to densify and improve downtown as Bozeman’s
commercial, cultural and social center.
TIF Legislation Update
Chris handed out a four page document highlighting 6 pieces of legislation that would impact
Montana’s urban renewal law and the use of tax increment financing. Chris reminded the board
that he traveled to Helena and testified against Senate Bill 27. He anticipates several more trips
to Helena. Chris pointed out that the Montana League of Towns and Cities is facilitating a working group of
about 20 TIF practioners from across the state. The group has a weekly conference call to
discuss the content of these bills and how to effectively lobby with legislators.
(I apologize for the low-quality scan of the board handout as I have been constantly updating the document and no long have a digital copy of the version presented on January 17, 2017—CN)
Meeting was adjourned at 1:15pm