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HomeMy WebLinkAbout10-03-19 Midtown URB minutes Page 1 of 4 APPROVED minutes from October 3, 2019 board meeting Voted on and approved during November 7, 2019 meeting held at the City Hall, Madison Room TO DO List: Everyone attend November 7 board meeting In attendance: David Fine, Andrew Cetraro, Madi Roche, Carl Solvie, Kevin Cook, Susan Fraser, Jon Owens A. Call to Order – Andrew called the meeting at 4:34pm. B. Changes to Agenda – none. C. Public Comment Matt Cloniger with the BMX Park wanted to know how work on 5th will happen and added how glad they were it was coming up, thanking the board for that work. Scott asked Matt if Sanderson-Stewart had been in touch with him about working together. Matt noted the bike park concern includes irrigation. David offered to meet with Matt, and Matt finished by saying he would check with Sanderson-Stewart. D. Approve Minutes Scott motioned acceptance of September 12 minutes as presented. Kevin seconded the motion. All in favor. F.1. Action Item – Recommendation to Commission, Designation of 9TEN Mixed Use Project as an Urban Renewal Project (see Attachment A for staff recommendation; 9TEN’s full application can be found attached to agenda as packet materials at http://weblink.bozeman.net/WebLink8/Browse.aspx?startid=50816&row=1&dbid=0 . ) Note: Although not in attendance, board member Nolan Campbell recused himself from this item due to a conflict of interest. Scott with Intrinsik and Geoff Anderson, project developer, presented. Improvements to Aspen, 8th and Juniper streets will be required. 21 units of the 97 units will be for those making 80% of the average monthly income, a figure set by HUD. Geoff added still negotiating with local non-profit to partner. Ideally will solidify the new market credit by March and then launch project. Question and answer included:  Scott asked about parking, and Scott w/Intrinsik noted 70 onside and 20 onstreet, for a total of 90 for 97 units.  Finishing out Aspen, including lighting and streetscape. David asked if Geoff would collaborate with board on these improvement so that work mimics District look. Geoff answered yes.  8year payback to TIF forecasted by Leland report – this is good.  Engineering requested this project do sewer update along 8th, and this has been included in the presented project plans. Page 2 of 4 Andrew closed Q&R and opened board discussion. Pedestrian lighting will be required by site plan review level. Andrew added he thought this was a great project, what the District needs, and the infrastructure improvements are very much needed, all will bring in more businesses. Andrew is in full support of staff recommendation. Scott made the motion that having reviewed the findings of the Staff Report, Public Comment, and Board Deliberation and Discussion, to direct staff to negotiate a development agreement which extends Midtown’s pedestrian designs and streetscape, and restricts future sales of the units based on 80% AMI to same income level, with the Applicant for Midtown TIF Assistance not to exceed $1,495,000 and to draft a Resolution designating the 9TEN Mixed-Use Project as an Urban Renewal Project. Kevin seconded the motion. All in favor. Adjournment Andrew adjourned the meeting at 5:23pm. Page 3 of 4 Attachment A Page 4 of 4