Loading...
HomeMy WebLinkAboutTIF Minutes 10-17 Downtown Tax Increment Finance Board Meeting Minutes October 17, 2017 Attending: Bobby Bear, Vonda Laird, Bob Hietala, Cory Lawrence, Jeff Krauss, Chris Naumann Absent: Bill Stoddart Public Comments: Nine Minutes ACTION: Vonda Laird moved to approve the September minutes as presented. Bob Hietala seconded the motion. All voted in favor. Financial Report Chris presented the current FY2018 finances. Chris highlighted some of the year-to-date FY18 expenses including: second quarter Partnership management fee of $27,500; $10,275 for streetlamps at 5 West Building; and $7,500 for 23 East Main technical assistance grant. The board had no other questions regarding the finance report. Executive Director’s Report Technical Assistance Program Update—NO CHANGES Three 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 $3000. Date Project Name Project Address Applicant Professional Type Value 8/21/2015 712 East Main 712-716 East Main BCHO Architects BCHO Architects Plan/Façade 10,500$ 12/30/2015 Big Sky Western Bank 106 East Main Big Sky Western Sanderson Stewart Façade 3,000$ Total 13,500$ Date Project Name Project Address Applicant Professional Type Value 10/31/2016 Owenhouse 2nd Floor 26 East Main Larry Bowman Yellowstone Arch Planning 7,500$ 10/31/2016 Owenhouse 2nd Floor 26 East Main Larry Bowman Yellowstone Arch Façade 3,000$ 3/30/2017 23 East Main 23 East Main Mark Kehke Intrinsik Planning 7,500$ Total 18,000$ FY17 Budget 50,000$ remaining 32,000$ Technical Assistance Program FY2017 Report Other Financial Program Updates Streetscape Grants General Willson Building (along North Black) 3 new streetlamps—Completed 5 West Mendenhall (along West Mendenhall) 4 new streetlamps—Completed Lark Hotel (along South Grand) 5 new streetlamps—Pending Life-Safety Grants Dedicated Fire Line for 712-716 East Main—Pending Dedicated Fire Line for Lark Hotel—Pending Hotel Incentive Grant Etha Hotel—Pending Lark Hotel—Pending Downtown Strategic Parking Management Plan See attachment below for the most current progress report. Strategies 1 through 5 have been completed. Strategies 6, 7, and 8 are scheduled to be addressed in 2018. Strategies 9 through 17 are on-going but will take the next 12 to 18 months to complete. Building Project Updates Lark Addition (corner of Grand and Main) 4 story building with 28 new Lark hotel rooms. Construction began in December 2016 to be completed Spring 2018. 5 West Building (northwest corner of Mendenhall and Tracy) COMPLETED Etha Hotel (old Armory building) first phase of foundation work complete. No date for when construction will resume. Rialto Theater under construction to be completed by December 2017. Black & Olive Apartments application is currently scheduled for the City Commission on October 18, 2017. “OSM” Building 5 story mixed use building proposed on southwest corner of Babcock and Wallace—schedule unknown BG Mill Building 5 story mixed use building proposed on southwest corner of Mendenhall and Broadway—schedule unknown New Businesses Update • Jonah & Sage (women’s clothing)—240 East Main—former Reflections space— OPEN • Knife—411 East Main—former Rockford space—OPEN • Little Star Diner—548 East Babcock—former Frank’s—OPEN • Squire House—27 East Mendenhall—Element Hotel restaurant—OPEN • Urban Kitchen—5 West building—OPEN • Salted Carmel—5 West building—OPEN • Union Market—39 North Rouse—old Service Electric space opening date unknown • Fire—243 East Main—former Artcraft Printers—being remodeled as wood-fired pizza Planning Updates In this section, I will provide update about several ongoing City planning processes. UDC Revisions http://bozeman.net/Projects/UDCCodeupdate/Home Consultants: Makers (Seattle), Leland Group (Portland), Studio Cascade (Spokane) Update: CC public hearing occurring weekly. City Vision & Strategic Plan Consultants: HDR Timeline: March 2016-??? 2018 Update: draft plan adopted by CC on May 15, 2017. Work continues adding specifics goals and objectives to each overarching component. 2017 Community Plan (City Growth Policy) Update Consultants: City release RFP for consultants January 2017 Timeline: October 2017 through late 2018 Downtown Strategic Parking Management Plan—NO CHANGES See attachment below for the most current progress report. Strategies 1 through 5 have been completed. Strategies 6, 7, and 8 are scheduled to be addressed in 2018. Strategies 9 through 17 are on-going but will take the next 12 to 18 months to complete. Active Projec ts: Strategic Parking Management Plan COMPLETED PENDING September 2 017 HOLD/NOT STARTED STRATEGY DESCRIPTION PROJECTED COMPLETION ACTUAL COMPLETION COMMENTS 1 Formalize the guiding principles as policies within the parking and transportation system plan. Aug-16 Adopted by the BPC in 8/2016. 2 Adopt the 85% rule as the standard for measuring performance of the parking supply and triggering specific management strategies. Aug-16 Adopted by the BPC in 8/2016. 3 Strengthen the role of the Parking Manager and the Parking Services Division - to better integrate with the Community Development and Economic Development planning. On-Going On-Going PPM attending DRC meetings, and offering data/comment as staff review. 4 Establish a policy for adjusting rates (on and off-street) Oct-16 Adopted by the BPC in 10/2016. 5 Establish a Capital Maintenance Reserve Fund Jul-16 CC Approval 8/14/17 BPC approved Resolution 2017-03 (6/2017); City Commission approved Resolution #4837 on 8/14/17. 6 Re-evaluate and restructure current cash-in-lieu program. TBD PPM is working with the Comm. Dev. Department; CDD has assigned this a 'fall 2018' priority status. 7 Re-evaluate code based minimum parking requirements PPM is working with the ED on changes to the minimum parking standards (UDC) in the B2M zone; PPM actively attending internal DRC meetings to offer guidance on policy issues and prepare for 2018 effort to modify the parking standards section of UDC. 8 Re-evaluate and clarify the purpose and intent of the current code section regarding Special Improvement District # 565. TBD PPM is waiting on the Admin./Legal Depts. For further instruction on this issue. 9 Implement a Facilities Maintenance Plan. 12/30/2017 On-going PPM is completing research for facility mgt. best practices, starting to draft Fac. Mgt. plan, 8/17; 10 Develop a reasonable schedule of data collection to assess performance, including an accurate on and off street inventory (public and private) and an occupancy/utilization analysis. 5/1/17 & 7/1/17 On-going Data collection occurred, following the Strategic Parking Management Plan, Spring and Summer 2017. 11 Identify off-street shared use opportunities based on data from strategy 9. Establish goals for transitioning employees, begin outreach to opportunity sites, negotiate agreements, and assign employees to facilities. On-Going 1st shared use agreement negotiated and approved with Big Sky Western Bank (June 2017); 12 Complete the 2008 Parking District Identification Signage/Branding Plan No activity at this time. 13 Clarify current on-street parking signage, particularly in areas where unlimited parking is allowed. Consider incorporating the current City parking logo into on-street signage. No activity at this time. 14 Rename all publicly owned lots and garages by address. No activity at this time. 15 Upgrade the access/revenue control system at the Bridger Garage. 6/30/2017 On-going RFP Selection Committee is in final stages of award recommendation, as of 9/7/17. 16 Install a vehicle counter system at Bridger Garage and at the Surface lots. 6/30/2017 On-Going RFP Selection Committee is in final stages of award recommendation, as of 9/7/17. 17 Establish best practice protocols and performance metrics for existing enforcement personnel and support enforcement with appropriate technology. On-going Court/Appeals Packet (4/17); Uniform Policy (8/17); RFP Selection Committee is in final stages of award recommendation, as of 8/7/17; Discussion and Decision Items North Black Pocket Update Chris updated the board that a revised park design had resulted in an increase to the construction cost estimate. Chris told the board that he would like to match the Cash-in-Lieu of Parkland award of $20,000 by dedicating an additional $5,000 to the existing $15,000 of TIF funds. He said the $5,000 could come from the “DBIP Implementation” line-item in the FY18 budget. The board agreed this would be appropriate considering the Downtown Improvement Plan specifically recommends creating greenspace and pocket parks. Downtown Plan Process Update Chris provided a multi-page summary of the Rural/Urban Design Assistance Team application guidelines. Chris said that one option would be to release a RFP for the selection of a consultant team in conjunction with applying for the R/UDAT. This would allow the consultant team to attend and participate in the R/UDAT. The board agreed that involving the consultants would be important and it would allow the planning process to begin immediately after the conclusion of the R/UDAT. Meeting was adjourned at 1:10 pm