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Home My WebLink About07-17-18 Downtown URD Minutes Downtown Urban Renewal District Board Meeting Minutes July 17, 2018 Attending: Bobby Bear, Bob Hietala, Vonda Laird, Tony Renslow, Chris Naumann Absent: Cory Lawrence, Bill Stoddart Public Comments: John Hoskins attended the meeting and said he just wanted to learn more about the Urban Renewal District. Minutes ACTION: Bob Hietala moved to approve the May and June minutes as presented. Vonda Laird seconded the motion. All voted in favor. Financial Report Chris presented the current version of the final FY2018 finances. He said it would be another month or two before the final income figures would be available from the City Finance Department which in turn has to wait to receive them from MT Dept of Revenue. He highlighted some of the expenses incurred over the last month including the budgeted payment of $84,013 to the Lark for the Hotel Incentive Grant and $60,000 for the URD’s contribution to the 2018 Downtown Bozeman Improvement Plan Update to the DBP. 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. As a reminder, the Planning grants have a $7500 cap and the Façade grants are capped at $3000. Other Financial Program Updates Streetscape Grants None open Life-Safety Grants Dedicated Fire Line for Lark Hotel—Completed Hotel Incentive Grant Etha Hotel—Pending Lark Hotel—Completed Date Project Name Project Address Applicant Professional Type Value 4/16/2018 Osborne Building 233 East Main Strreet Casey Durham Locati Arch Plan/Façade 10,500$ Total 10,500$ Technical Assistance Program FY2018 Report Fiber Connectivity Grant None open Building Project Updates 23 East Main (former Bozeman Angler) remodeling complete 1st floor tenant = Lululemon 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…completed and open with Treeline Coffee as “retail” tenant. Etha Hotel (Armory building) Construction resumed April 30, 2018. Black & Olive Apartments construction began at end of June 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 final review by City Community Development Department. Osborne Building (233 East Main—last vacant lot) 4 story mixed use building with 2 floors of restaurant use and 2 floors of offices. FSP has been submitted to City. New Businesses Update • Montana Provisions—39 North Rouse—old Service Electric—open • Fire—243 East Main—former Artcraft Printers—being remodeled as wood-fired pizza restaurant • Barley & Vine—19 South Willson—former Over the Tapas—currently being remodeled • Lululemon—23 East Main—former Bozeman Angler—final tenant build-out • TBD—23 East Main (second floor)—formerly vacant—under construction • TBD—223 East Main—formerly Lilly Lu at explosion site—under construction • Montana Angler—435 East Main—formerly McPhie Cabinetry—open Planning Updates In this section, I will provide update about several ongoing City planning processes. City Strategic Plan Consultants: HDR Update: City Commission adopted the plan on April 16, 2018. https://www.bozeman.net/Home/ShowDocument?id=5697 Community Plan (City Growth Policy) Update Consultants: Logan Simpson (Ft. Collins) 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 August 6-10 Preliminary project kick-off and initial public engagement NCOD and Design Guidelines Update Consultants: Bendon Adams Consulting (Aspen, CO) and Orion Planning (Missoula, MT) July 16-20 Preliminary project kick-off and initial public engagement 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 timeline. Strategy 10, focusing on data collection and analysis, was in part completed with the release of the 2017 Downtown Parking Study conducted by WTI. Strategies 12, 13, and 14, which focus on signage, branding and wayfinding associated with parking will be completed in 2018. On April 23, 2018, the City Commission did not take any action on recommendations from the Parking Division and Parking Commission about the first steps necessary to consider establishing new residential parking district. Regarding Strategy 15 to upgrade the parking technology systems at the garage and used for on-street management: the new T2 parking management system is completely “live” in use. Discussion and Decision Items Urban 3 Update Chris provided an update about the two public presentations of Urban 3’s taxable value analysis on July 11, 2018. Chris presented some of the main graphics from the presentations pertaining to downtown. He said the final study will be available this fall. The board member that attended said the presentations were very impactful and impressively demonstrate the value of downtown Bozeman. MySidewalk Dashboard Project Chris presented a comprehensive economic and demographic data service called “State of Downtown” by mySidewalk. As an example of the web-based graphic dashboard, Chris showed the board the Downtown Sioux Falls version. Chris explained that the dashboard pulls data points from open source federal databases such as the Census Bureau, DOT, HUD, and LODES. The board was impressed about the depth and breadth of the information provided by the dashboard. Chris said he would like to contract with mySidewalk for one year for a State of Downtown dashboard specific to Bozeman and the cost would be $5000. The board said it seemed like a very valuable tool. Vonda asked if Chris thought there would be any potential to find a project funding partner. Chris said he thought the City Economic Development Department would be interested. The board agreed that Chris should proceed with or without another funder, but that would be preferable. New Business Chris reminded the board about the NCOD Downtown Stakeholder meeting tomorrow, 12-1pm, Wednesday, July 18th at the Bozeman Public Library. Meeting was adjourned at 1:00 pm Downtown’s taxable acres account for 0.7% of the City's taxable acres. Downtown’s total property tax value accounts for 4% of the City's total value. Downtown is 8 times more productive in property tax generation than the City’s relative to its size. The City’s taxable acres account for 1% of the County's taxable acres. The City's total property tax value accounts for 36% of the County's total value. The City is 37 times more productive in property tax generation than the County relative to its size. Downtown taxable acres account for 0.007% of the County's taxable acres. Downtown's total property tax value accounts for 1.4% of the County's total value. Downtown is 200 times more productive in property tax generation than the County relative to its size.