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HomeMy WebLinkAbout04-17-18 Downtown URD Minutes Downtown Tax Increment Finance Board Meeting Minutes April 17, 2018 Attending: Bobby Bear, Bob Hietala, Vonda Laird, Cory Lawrence, Tony Renslow, Bill Stoddart, Jeff Krauss, Chris Naumann Public Comments: None Minutes ACTION: Cory Lawrence moved to approve the March minutes as presented. Vonda Laird seconded the motion. All voted in favor. Financial Report Chris presented the current FY2018 finances. He highlighted some of the expenses incurred over the last month including $27,500 for the 4th quarter Partnership management fee. Chris updated the board about a $48,000 expense for sewer monitoring. After many discussions with the Public Works Director about infill and development constraints downtown, it was determined that sewer capacity is a major issue. The first step to identifying the sewer system deficiencies is to conduct extensive flow monitoring during the spring when rain and runoff are high. Chris said he was able to move quickly on the project for this spring by joining an identical project contract for Midtown and North 7th. The next step is to develop a 3-5 year build out scenario for downtown. Then the estimated increased sewer demand can be run through an engineering model using the flow monitoring data to determine where the constrictions are in the system. The constrictions can then be planned for upgrade, potentially in conjunction with development projects. The board agreed that the flow monitoring, build out scenario, and modelling was important to identify and in turn address sewer infrastructure upgrades. The board had no other questions regarding the finance report. Executive Director’s Report Technical Assistance Program Update One grant has been awarded in FY2018 for the Osborne Building. Only one grant from FY2017 is still open. Date Project Name Project Address Applicant Professional Type Value Completed 10/31/2016 Owenhouse 2nd Floor 26 East Main Larry Bowman Yellowstone Arch Planning 7,500$ YES 10/31/2016 Owenhouse 2nd Floor 26 East Main Larry Bowman Yellowstone Arch Façade 3,000$ YES 3/30/2017 23 East Main 23 East Main Mark Kehke Intrinsik Planning 7,500$ Date Project Name Project Address Applicant Professional Type Value Completed 4/16/2018 Osborne Building 233 East Main Strreet Casey Durham Locati Arch Plan/Façade 10,500$ Total 10,500$ Technical Assistance Program FY2017 Report Technical Assistance Program FY2018 Report Other Financial Program Updates Streetscape Grants None open Life-Safety Grants Dedicated Fire Line for Lark Hotel—Pending Hotel Incentive Grant Etha Hotel—Pending Lark Hotel—Pending Fiber Connectivity Grant None open Building Project Updates 23 East Main (former Bozeman Angler) remodeling 1st and 2nd floor to be complete in May 2018 223 East Main (former IOOF Building) constructing a 2-story building with first floor retail and residential on second floor to be completed October 2018 Owenhouse redeveloping 2nd floor as 8000+ square feet of office space to be completed in September 2018 Lark Addition (corner of Grand and Main) 4 story building with 28 new Lark hotel rooms. Construction began in December 2016 to be completed Summer 2018. Etha Hotel (Armory building) Construction scheduled to resume in April 2018. Black & Olive Apartments scheduled to begin construction Summer 2018. “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 One 11 Lofts (corner of North Willson and West Lamme) 50-unit apartment building with 53 parking spaces. Approved by DRB February 28, 2018. Currently in review by City Community Development Director. Osborne Building (233 East Main—last vacant lot) 4 story mixed use building with 2 floors of restaurant use and 2 floors of offices. In preliminary planning phase. New Businesses Update • Montana Provisions—39 North Rouse—old Service Electric—opening very soon • Fire—243 East Main—former Artcraft Printers—being remodeled as wood-fired pizza restaurant • ???—19 South Willson—former Over the Tapas—currently being remodeled • ???—23 East Main—former Bozeman Angler—under construction • ???—23 East Main (second floor)—formerly vacant—under construction • ???—223 East Main—formerly Lilly Lu at explosion site—under construction 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: adopted by the City Commission on January 4, 2018. A second small set of revision were adopted February 12, 2018. New UDC will take effect April 2018. City Strategic Plan Consultants: HDR Timeline: 2016- April 2018 Update: City Commission provisionally adopted the plan on March 5, 2018 and formally adopted the plan on April 16, 2018. https://www.bozeman.net/Home/ShowDocument?id=5697 2017 Community Plan (City Growth Policy) Update Consultants: City release RFP for consultants January 2017 Timeline: October 2017 through late 2018 Update: Preliminary land use and demographic analysis completed by EPS Consulting. The report can be found here: https://www.bozeman.net/home/showdocument?id=5612 City closed the submittal period on March 20, 2018 for the RFP for consultants to facilitate the update of the plan. Downtown Strategic Parking Management Plan Strategies 1 through 5 have been completed. Strategies 6 (Cash-in-Lieu), 7 (UDC Parking Requirements), and 8 (SID 565) are scheduled to be addressed in 2018. I am working with City staff to develop a more specific timeline. Strategy 10, focusing on data collection and analysis, was in part completed with the release of the 2017 Downtown Parking Study as conducted by WTI. https://www.bozeman.net/Home/ShowDocument?id=5335 Strategies 12, 13, and 14, which focus on signage, branding and wayfinding associated with parking will be completed in 2018. Regarding Strategy 15 to upgrade the parking technology systems at the garage and used for on-street management, the new T2 parking management system will go live May 8, 2018. On April 23, 2018, the City Commission will discuss recommendations from the Parking Division and Parking Commission about the first steps necessary to consider establishing new residential parking districts. Discussion and Decision Items Board Member Issues Chris updated the board that the City Commission was scheduled on April 23, 2018 to reappoint Tony Renslow as a voting member and reappoint Bill Stoddart as a non-voting member. Chris said he felt that since Bill was no longer a voting member that perhaps he should be replaced as the board’s vice-chairperson. The board, including Bill, agreed that the vice-chair. ACTION: Bobby Bear moved to appoint Bob Hietala as vice-chair of the board. Cory Lawrence seconded the motion. All voted in favor. Downtown Plan Update Chris said that he released the Downtown Plan Update RFP on April 3, 2018. Several interested firms have called with questions about the RFP indicating they will be submitting a proposal. The submittal deadline is April 23, 2018. Chris informed the board he is establishing a Downtown Plan advisory committee. One of the committee’s primary roles will be to review and score all of the submitted proposals and select the final consultant. He said he would like one member of the URD board to represent the district on the advisory committee. He concluded by saying he would sent out a more detailed description of the committee work and proposed members via e-mail. New Projects Chris provided overviews of several new projects. Sewer System Analysis: as discussed above. Garage Alley Project: Chris is collaborating with DHM Landscape Architects to develop concepts incorporating elements from the Downtown Alley Sketchbook for the alley adjacent to the Bridger Park Garage. South Wallace Asbestos Clean-up: The OSM and potential Heebs redevelopment projects will require upgrading the sewer line under South Wallace. The entire South Wallace corridor is contaminated with asbestos. Chris is looking a options to test parts or all of the South Wallace roadway to determine the extent of the contamination and estimate the likely remediation costs. Engineering Term Contract: Chris will be proposing the URD issue an RFP to retain an engineering team with a term contract. This would allow the chosen/contracted team to respond to and work on various projects in a timely manner. He said this would be modeled after a similar contract that has been used for several years by the Midtown/N.7th URD. Structured Parking Site Analysis: Several potential future structured parking sites were identified in the 2016 Downtown Strategic Parking Management Plan. This analysis would consider the capacity and feasibility of each site in much more detail. Draft FY2019 URD Budget Chris provided an updated draft of the FY19 budget. He pointed out the inclusion of the new projects previously discussed. He said they would take a final look at the May meeting and would need to approve the budget at that time. Meeting was adjourned at 1:05 pm