HomeMy WebLinkAboutAnnual Work Plan and Budget Amendment for the North 7th Avenue Renewal District Board
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Keri Thorpe, Assistant Planner
Tim McHarg, Planning Director Anna Rosenberry, Finance Director
SUBJECT: Annual Work Plan and Budget Amendment for the North 7th Avenue
Urban Renewal Board (NSURB)
MEETING DATE: October 15, 2012
AGENDA ITEM TYPE: Action Item
RECOMMENDATION: Approve the amendment to the NSURB Annual Work Plan and
Budget Amendment for Fiscal Year 2013.
RECOMMENDED MOTION: Based upon the information provided, I move to approve the N. 7th Avenue Urban Renewal Board’s Amendment to their Annual Work Plan and Budget for Fiscal Year 2013 as recommended by Staff.
BACKGROUND: On October 4, 2012, the NSURB unanimously approved the attached
amendment to their FY13 Work Plan and Budget. The NSURB proposes to increase the amount
allocated for the initial phase of lighting improvements from $534,349 to $674,243, increase of $140,000.
Factors leading to the need for an amendment
• The Engineer’s estimate for the lighting project was lower than the bid received. The engineer’s estimate for the base bid costs was $438,150. The contactor provided a base bid of
$547,650.
• The FY13 budget did not include the cost to paint the signal poles to match the new fixtures
because the NSURB decided to do this at a later date. The NSURB has since decided to have the signal poles painted which added $27,050 to the cost of the project.
• In addition to the initial phase lighting improvements, the NSURB authorized the purchase of ten N. 7th Avenue “decorative style” fixtures for the Montana Department of Transportation
(MDT) I-90 bridge replacement project. The cost to purchase these fixtures was originally
incorporated into the FY13 budgeted amount. This amendment also incorporates the purchase price of these poles, $63,510.
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• Engineering services required for the project also increased $30,000 due to change orders requested by the NSURB and initially unforeseen request for lighting analysis from MDT.
• The known cost for completing the project is $668,210. $534,349 was budgeted. An
additional $133,967 is needed.
• The NSURB is adding $140,000 to this budget. Additional budgeted amount will be used for
light pole banners. In order to provide enough funds for the lighting improvements, the board proposes moving
$140,000 from the Grants budget ($75,000 from the N7Rehab Public Right of Way Improvements
fund and $65,000 from the demolition fund). The rationale being that the NSURB is allocating a
substantial amount for right of way (ROW) improvements with the lighting project and the NSURB has not had any applications or inquiries for N7Rehab Demolition or ROW funding.
Additionally, the NSURB is making minor modification in the fund account being utilized to pay
these costs. The remaining costs for the Lighting and Gateway project will be paid from the Tax Increment Finance (TIF) account. Currently, the N 7th TIF account has $860,141. The NSURB also has about $50,000 in Big Box Funds remaining. The NSURB is working with Street Maintenance
personnel to address the landscaping in the medians and would like to propose purchasing trees for
these medians. Typically TIF monies are not used for maintenance activities. These types of costs are
generally paid by property owners or a Business Improvement District. The businesses volunteering their time to care for the median landscaping have stopped providing this service. Big Box Funds to
date have been used for infrastructure projects within the District – lighting engineering and design
services and the 2010 sidewalk improvement project. The NSURB would like to hold these funds for
District maintenance type projects. At this time, specific projects have not yet been identified. Currently, $30,000 is set aside for “TIF Correction”. To date these monies have not been needed and we anticipate that the protest of tax valuations has largely been resolved. At such time that staff
discussions with the County Treasurer and Department of Revenue result in confirmation that the
TIF Correction budget item will no longer be needed, the NSURB will be authorized to utilized these
funds for gateway maintenance activities such as landscaping and light pole banner purchase and maintenance.
UNRESOLVED ISSUES: If this amendment to the NSURB’s Lighting and Gateway budget is not
approved, the City will not have sufficient funds to award the contract for the initial phase of N. 7th
Lighting Improvements.
ALTERNATIVES: As suggested by the City Commission
FISCAL EFFECTS: If approved by the City Commission, the amended NSURB FY2013 Work
Plan and Budget Proposal will be incorporated into the City of Bozeman FY2013 Annual Work Plan
and Budget. Attachments: 1) NSURB FY2013 Work Plan and Budget [Amended], 2) Table 1 (amended), 3)
NSURB September 13, 2012 meeting minutes
Report compiled on: October 5, 2012
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N. 7th Urban Renewal Board Annual Report and FY2013 Budget Amendment October 5, 2012 1
Annual Work Plan and Budget [Amended]
Fiscal Year 2013
N. 7th Avenue Urban Renewal Board
October 5, 2012
In November 2006, the City of Bozeman designated the N. 7th Ave Tax Increment
Finance District (TIFD), under which incremental increases in taxes due to
redevelopment are accumulated in a TIFD fund. The stated goals and objectives of the District Plan were as follows: MISSION and VISION: The N. 7th Urban Renewal District Plan is the City’s response to
remedy the conditions of blight found in the August 2005 report through thoughtful
redevelopment of the Corridor. The following Corridor Goals are taken from the Design and
Connectivity Plan (DCP). An expanded description of the intent of each goal is found in the DCP Chapter 2.
Corridor Goals A basic goal is to have an active and exciting corridor that is attractive with a distinct
character. A strategy for achieving this goal is to improve the experience for the user by
creating safe attractive walkways and streets and by providing buildings and landscaping that are of interest to users and passersby. Several key strategies should be followed:
1. Provide a distinct identity for the corridor
2. Develop the corridor as a focus for commercial and entertainment activities that serve
residents and visitors alike
3. Strengthen the corridor as a neighborhood service center 4. Provide mixed use development
5. Clearly define gateways at key locations along the corridor
6. Improve vehicular, bicycle and pedestrian circulation along the corridor
7. Provide pedestrian connections to adjacent neighborhoods
8. Establish a way-finding system 9. Guide new development along the corridor such that it improves the aesthetic experience
10. Coordinate public and private improvements
11. Strengthen connections between complementary uses
12. Provide flexible public space along the corridor
GUIDING PRINCIPLES
In addition to the specifically stated goals for the District the following Guiding Principles have
been adopted to provide a basis for decision making over the life of the District. These principles
should be applied to any development program or other activity that will affect the District:
1. Ensure the health safety and security of the District
2. Balance commerce and livability in the District within the mixed use framework 3. Public open space is essential to a healthy and appealing urban environment
4. The costs of projects and programs shall be weighed against their benefits to the District
5. Private property shall not be acquired for other private use through the eminent domain
process in the implementation of any aspect of this plan 6. The City shall not limit its vision for the District improvements to monies available solely through the TIF funding
7. Projects shall consider impacts on adjacent neighborhoods
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N. 7th Urban Renewal Board Annual Report and FY2013 Budget Amendment October 5, 2012 2
8. The city shall consider the impact on the District of all projects undertaken outside of the
District
FISCAL YEAR 2012 – ANNUAL REPORT
N7Rehab GRANTS – STATUS REPORT
N7Rehab – Technical Assistance Grants (TAG)
1) Stockman Bank of Billings – 302 N. 7th, formerly Frontier Pies, NE corner of Beall and
N. 7th Brett Potter of Focus Architects assisted Stockman Bank and a potential purchaser
of the property. Focus Architects provided a site analysis, improved parking lot
configuration, N. 7th frontage improvements including a landscaped boulevard and reduction in a drive accesses and architectural renderings compliant with the Bozeman Design Objectives Plan. The grant was disbursed in FY2012. The building and site
analysis provided by the technical assistance was utilized by the Human Resource
Development Council, Inc., (HRDC) for the reuse of the site. The site is now occupied
by the The Community Café. The café is an extension of the Gallatin Valley Food Bank and was established to provide hot evening meals to those who need them. The HRDC has expressed interest in making additional site improvements analyzed by Focus
Architects with this grant.
NSURB’s FY12 AT-A-GLANCE
In November 2011, the bus shelter in front of Van’s IGA (912 N. 7th Avenue) was completed.
The NSURB moved forward on implementing lighting improvements in the District.
Morrison-Maierle completed the initial survey and design phase. A sample fixture has been installed in front of the Comfort Inn (1370 N. 7th Avenue) so NSURB and the public can evaluate the NSURB’s color choice for the fixtures and invite comment from the District
and broader community. During FY12 the NSURB has expended $76,438 towards these
efforts. Of this, $65,868 was paid to Morrison-Maierle in partial fulfillment of their
contract for engineering services. In October of 2011, a $50,000 grant to the property owner allowed for the completion of
sidewalk and landscaping improvements in front of the Uhaul property (815 N. 7th
Avenue).
During FY2012, the NSURB approved a total of $16,095 in new N7Rehab grants. This
included one grant for Façade and Site Rehabilitation and two additional Technical
assistance grants. A total of $53,500 was awarded to applicants in FY2011 of which
$38,453 was paid in FY2012. Separate from the N7Rehab program, $50,000 was granted
to the Uhaul property owner for frontage improvements. A summary of FY12 grant activity is below.
See Table 1 attached for 2012 expenditures.
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N. 7th Urban Renewal Board Annual Report and FY2013 Budget Amendment October 5, 2012 3
Grant amount: $7,200
2) Nelson Investments – 411 N. 7th, Quonset hut property Keith Redfern of Concept Seven Design partnered with Madison Engineering to
provide building and site analysis to address the following concerns: lack of relationship
between buildings and the street, new building locations, pedestrian access, bicycle
parking, landscaping deficiencies, storm water control deficiencies, demolition needs, and ADA compliance issues. A conceptual site plan proposing new building locations,
parking and site circulation was completed to assist the property owner with marketing
the property.
Grant amount: $7,200
3) BCE, LLC – 416 N. 7th, little brown house Keith Redfern of Concept Seven Design partnered with Madison Engineering to
provide building and site analysis to address the following concerns: lack of relationship
between building and the street, pedestrian access, bicycle parking, landscaping deficiencies, storm water control deficiencies and ADA compliance issues. The
technical assistance has provided conceptual drawings for a new façade and analysis for
site improvements. This work is being utilized to market the property. It is currently for
sale or lease.
Grant amount: $3,600
4) G and C Land, LLC (aka Debos Pawn) – 705 N. 7th Brett Potter of Focus Architects assisted the property owner with analysis of
potential building, signage and parking lot improvements. Building facade and frontage improvements including boulevard and sidewalk (the site currently lacks sidewalk along
N. 7th) were proposed. A shared drive access to a parking lot shared with Cats Paw to the
north was analyzed. No construction activity has yet resulted from this grant.
Grant amount: $4,600
5) Haley Enterprises (aka Cats Paw) – 721 N. 7th Brett Potter of Focus Architects assisted the property owner with analysis of
potential building, signage and parking lot improvements. New parking lot striping and
circulation plan to be jointly used by Debos Pawn were proposed. Frontage improvements including boulevard and sidewalk (the site currently lacks sidewalk along N. 7th) were proposed. No construction activity has yet resulted from this grant.
Grant amount: $7,200
6) Amerco Real Estate Co. and Uhaul Real Estate Co. – 815 N. 7th Brett Potter of Focus Architects assisted the property owner with analysis of
potential building, signage and parking lot improvements. Solutions to site drainage
issues were explored and frontage improvements including boulevard and sidewalk (the
site currently lacks sidewalk along N. 7th) were proposed. Plans were completed allowing the NSURB to consider funding for the sidewalk and landscaping improvements. Ultimately, the NSURB decided to provide a $50,000 grant to reimburse
the property owner for the public improvements completed in October of 2011.
Grant amount: $7,200
FY12 TAG TOTAL: $37,000*
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N. 7th Urban Renewal Board Annual Report and FY2013 Budget Amendment October 5, 2012 4
*This includes $25,200 in TAGs awarded in FY11 that were not paid until FY12. N7Rehab – Grants for Demolition and Façade/Site Improvement Construction Activities
1) 2LT, LLC – 654 N. 7th Avenue (aka Aaron’s retail store) NSURB awarded a grant up to $17,500 for the demolition of an existing
foundation. The award was granted upon the completion of building construction and site
improvements per Final Site Plan application #Z-10329.
Grant amount: $13,253
2) 2 LT, LLC – 706 N. 7th Avenue (aka Aaron’s Regional Office)
NSURB awarded up to $4,295 for site and façade improvements which greatly
enhanced the aesthetics of the buildings and brought the site’s landscaping into
compliance per completion of improvements under Certificate of Appropriateness application #Z-11153.
Grant amount: $4,295
FY12 DEMO AND FAÇADE/SITE TOTAL: $17,548
FY12 N7Rehab TOTAL: $54,548
Uhaul Grant – 815 N. 7th Avenue NSURB awarded $50,000 for public right-of-way improvements including a new
sidewalk and landscaped boulevard which greatly enhanced the aesthetics of the property’s
frontage and the District. The grant was awarded per completion of improvements proposed and
authorized under sketch plan application #Z-11267 Grant amount: $50,000
Grants TOTAL: $104,548
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N. 7th Urban Renewal Board Annual Report and FY2013 Budget Amendment October 5, 2012 5
FY2013 BUDGET PLAN AND REQUEST FOR APPROVAL (AMENDED)
In 2008, the Board began implementing the North Seventh Urban Renewal District Plan by establishing their top three priorities for the District: improving sidewalks, lighting and landscaping along the N. 7th Avenue corridor. During the next fiscal year, the NSURB proposes
continuation of the redevelopment incentive program (N7Rehab) and focusing funds towards the
installation of new street lights and related improvements in a portion of the corridor. The
NSURB recommends allocating their available funds as follows:
Engineering Services $ 63,953
Engineering services are needed to assist the Board with three of the District goals:
• Provide a distinct identity for the corridor
• Clearly define gateways at key locations along the corridor, and
• Improve vehicular, bicycle and pedestrian circulation along the corridor.
Morrison-Maierle, Inc. has been hired to provide Lighting Design and Construction
Administration for N. 7th Avenue from Interstate 90 to Tamarack Street. The installation of
new light fixtures for the corridor was identified as one of their top three priorities for
District Plan Implementation in 2008. The NSURB recognizes that new light fixtures will
help establish a distinct identity for the corridor, define key intersections, improve vehicular and pedestrian safety and improve the aesthetic experience of the corridor.
It is an allowable expense under Section 7-15-4288, MCA which states, “Costs that may be
paid by tax increment financing” allows the municipality to use tax increments to pay the
following costs of or incurred in connection with an urban renewal project: (1) land acquisition; (2) demolition and removal of structures; (3) relocation of occupants; (4) the
acquisition, construction, and improvement of infrastructure…; and 5) costs incurred in
connection with the redevelopment activities allowed under 7-15-4233…
These services will be paid for out of the remaining balance of the Big Box Fund allocation to the NSURB.
Grants $121,0001
This funding proposal is for the N7Rehab redevelopment incentive program to encourage
developers to build on parcels along the N. 7th Avenue corridor. It recognizes the
complexities of redeveloping parcels which have existing substandard buildings and infrastructure and was created to offset the costs of those complexities with grants for those
proposing work which eliminates blight and advances the implementation of the District
Plan. The program was approved by Resolution 4307 and is administered by the NSURB.
N7Rehab meets the mission and goals of the District Plan by
• guiding new development along the corridor such that it improves the aesthetic experience and by assisting in
• coordinating public and private improvements
These proposed expenditures are allowable under Section 7-15-4233, subsection (1)(a), MCA, which grants the City the power to formulate and coordinate a workable program as specified in Section 7-15-4209, MCA, which states : (1) A municipality may formulate a
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N. 7th Urban Renewal Board Annual Report and FY2013 Budget Amendment October 5, 2012 6
workable program for utilizing appropriate private and public resources:
(a) to eliminate and prevent the development or spread of blighted areas; (b) to encourage needed urban rehabilitation; (c) to provide for the redevelopment of such areas; or
(d) to undertake such of the aforesaid activities or other feasible municipal activities as
may be suitably employed to achieve the objectives of such workable program.
(2) Such workable program may include, without limitation, provision for: (b) the rehabilitation of blighted areas or portions thereof by re-planning, removing congestion, providing parks, playgrounds, and other public improvements; by encouraging
voluntary rehabilitation; and by compelling the repair and rehabilitation of deteriorated or
deteriorating structures; and
(c) the clearance and redevelopment of blighted areas or portions thereof. Additionally, Section 7-15-4288, MCA states, “Costs that may be paid by tax increment
financing” allows the municipality to use tax increments to pay the following costs of or
incurred in connection with an urban renewal project: (1) land acquisition; (2) demolition
and removal of structures; (3) relocation of occupants; (4) the acquisition, construction, and improvement of infrastructure;… and 5) costs incurred in connection with the redevelopment activities allowed under 7-15-4233…
1Amended from $261,000 Façade and Site Rehab $50,000 Technical Assistance $36,000 Demolition $35,000 (amended from $100,000) Public Right of Way Improvements $0 (amended from $75,000)
Part-time staff and other Professional Services $ 10,000 The Board needs staff to assist with District Plan implementation.
This money is a permissible use under state statute 7-15-4288, (5), “costs incurred in
connection with the redevelopment activities allowed under 7-15-4233 and 7-15-4288 (7)
“administrative costs associated with the managements of the urban renewal area…”
Outreach $ 1,500 The Board has requested money for public noticing and outreach events in the District. The
purpose of these outreach events is to inform property owners and the public of the District
Plan and the N7Rehab program.
This money is a permissible use under state statute 7-15-4233, “Powers which may be
exercised by urban renewal agency or authorized department…(f) to disseminate blight
clearance and urban renewal information;”
Lighting, Gateway and related Sidewalk Improvements $674,243
On October 4, 2012, the NSURB unanimously approved the attached amendment to their FY13
Work Plan and Budget. The NSURB proposes to increase the amount allocated for the initial
phase of lighting improvements from $534,349 to $674,243, increase of $140,000.
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N. 7th Urban Renewal Board Annual Report and FY2013 Budget Amendment October 5, 2012 7
Factors leading to the need for an amendment
• The Engineer’s estimate for the lighting project was lower than the bid received. The engineer’s estimate for the base bid costs was $438,150. The contactor provided a base
bid of $547,650.
• The FY13 budget did not include the cost to paint the signal poles to match the new fixtures because the NSURB decided to do this at a later date. The NSURB has since decided to have the signal poles painted which adds $27,050 to the cost of the project.
• In addition to the initial phase lighting improvements, the NSURB authorized the
purchase of ten N. 7th Avenue “decorative style” fixtures for the Montana Department of
Transportation (MDT) I-90 bridge replacement project. The cost to purchase these fixtures was originally incorporated into the FY13 budgeted amount. This amendment
also incorporates the purchase price of these poles, $63,510.
• Engineering services required for the project also increased $30,000 due to change orders
requested by the NSURB and initially unforeseen request for lighting analysis from MDT.
• The known cost for completing the project is $668,210. $534,349 was budgeted. An
additional $133,967 is needed.
Some of this money will be utilized to purchase banners for the light fixtures to emphasize
N. 7th Avenue as a “gateway” to the City of Bozeman and a connector to Montana State University.
In order to provide enough funds for the lighting improvements, the board proposes moving
$140,000 from the Grants budget ($75,000 from the N7Rehab Public Right of Way
Improvements fund and $65,000 from the demolition fund). The rationale being that the NSURB is allocating a substantial amount for right of way (ROW) improvements with the lighting project
and the NSURB has not had any applications or inquiries for N7Rehab Demolition or ROW
funding.
See “Engineering Services” above for District Plan goals and applicable sections of the MCA.
The purchase of banners meets the District Plan goals because the District Plan describes the
roles that N. 7th Avenue can play. These include
• Gateway
• Connector to Montana State University
The District Plan also provides Design Objectives for the corridor with include
• provide signage that indicates areas of interest such as the University, the Museum
of the Rockies and Downtown
Interstate 90 Bridge Enhancement $ 25,000 The NSURB plans to work with the Montana Department of Transportation to improve the visual aesthetics of the I-90 bridge. A number of opportunities have been discussed
including installing landscaping enhancements and/or stonework on the end caps of the
bridge to extend and define the District’s character. The NSURB has also discussed
installing a custom made metal sign on the bridge face, visible to I-90 motorists.
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N. 7th Urban Renewal Board Annual Report and FY2013 Budget Amendment October 5, 2012 8
See “Engineering Services” above for District Plan goals and applicable sections of the
MCA. Oak Street Shared Use Path (CTEP Match) $ 15,000 The Oak Street Shared Use Path project was recommended by the Bozeman CTEP
committee and is a joint project between the City and County. Completion of the project
will fill in missing sections of pedestrian facilities on the south side of Oak Street between N. 7th and N. Rouse Avenues. A 10 foot wide asphalt path is planned. The NSURB has
pledged this money in partial fulfillment of the CTEP cost share requirement for the City’s
portion within the District.
Planning Consultant – N. 7th Specific Zone Code $ 20,000 The NSURB sees value in codifying elements of the District Plan to improve predictability and ease redevelopment of commercial parcels within the District. The selected consultant
will reconcile inconsistencies between plans previously adopted by the City and reinforce
the goals and objectives of the District Plan by creating a development code specific to the
commercial and light industrial portions of the District. NSURB staff is currently preparing a Request for Proposals to advertise.
TIF Correction OR District Maintenance (Amended) $ 30,000
This money is being set aside for potential tax increment paybacks that may be due as a
result of pending applications before the County tax appeal board for reductions in valuation of properties. As of writing this report, the NSURB has not received confirmation that this is
no longer a concern, but the general sense is that any overpayments will be corrected in
future increment disbursements.
After staff receives confirmation from the County Treasurer and Department of Revenue that the protests of tax valuation have largely been resolved, this will make available TIF
money for the Lighting and Gateway budget item which is currently being paid with
remaining Big Box Funds.
The NSURB will then be allowed to use these remaining Big Box Funds for purchase, replacement and maintenance of light pole banners and landscaping purchases and
maintenance. It’s an appropriate use of the Big Box Funds allocated to the NSURB because
the District Plan describes the roles that N. 7th Avenue can play. These include
• Gateway
• Connector to Montana State University
The District Plan also provides Design Objectives for the corridor with include
• landscape medians to soften the hardscape
• promote the installation of street trees
• provide signage that indicates areas of interest such as the University, the Museum
of the Rockies and Downtown
SUMMARY (AMENDED)
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N. 7th Urban Renewal Board Annual Report and FY2013 Budget Amendment October 5, 2012 9
See FY13 SUMMARY below and Table 1 detailing FY2012 revenues/expenditures and the
proposed FY2013 fund expenditure. The North Seventh Urban Renewal District has on-going projects and funding sources allocated in previous fiscal years which have not yet been expended. As such, these funds are included in Table 1 as “rollovers” and deducted
from “remaining revenue” for the preparation of the FY13 budget.
Actual Tax Increment Financing Funding fluctuates with on-going building and re-assessing of property values. The FY2013 anticipated TIF amount may be different than estimated in the attached report. Appeals to property valuations are currently under review may result in
a reduction in available funds. The NSURB will update their budget on an as-needed basis
and with approval from the City Commission.
FY13 SUMMARY (AMENDED)
BALANCES FY13 TO BUDGET
TIF Balance 896,743
Big Box Funds 0
Total $896,743
Expenditures PROPOSED FY13 BUDGET
Grants 121,000
Part-time staff and other professional services 10,000
Outreach 1,500
Lighting and Gateway 674,243
I-90 Bridge Enhancement 25,000
Oak Street Shared Use Pathway (CTEP match) 15,000
Planning Consultant-N. 7th specific zoning code 20,000
TIF correction OR District Maintenance 30,000
Total $ 896,743
Report prepared October 5, 2012 by Keri Thorpe, Assistant Planner
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FY 2012 AT- A - GLANCE
BALANCES STARTING1 REVENUE EXPENDITURES ENDING
FY12
ROLLOVERS
FY12
REMAINING
REVENUE
FY13
ANTICIPATED
TIF
FY13 TO
BUDGET
FY13
AMENDED
TIF Balance 475,362 284,193 115,771 643,784 15,617 628,167 284,193 896,743 896,743
Big Box Funds 124,774 76,438 48,336 48336 48,336 (0)
HB 645 American Recovery & Reinvest Act
Energy Conservation Community Block Grant 16,100 16,100
208,309 692,120 676,503 896,743 896,743
DETAIL
North 7th Urban Renewal Board FY2011 Work
Plan and Budget
ACTUAL 2010 Revenues
and Expenditures
ACTUAL 2011
Revenues and
Expenditures
2012 Anticipated
Revenues
2012 Actual
Revenues
2012 Expenditure
Plan Fund 2012 Actual
Awarded
Contracts
Starting Balance 92,162 486,311 475,362
Balance 7/1/10
Interest 3,221 3,099 3,099 4,605
Anticipated TIF allocation 252,125
Actual FY11 TIF allocation 268010 252,125 279,588
TIF Balance 363,393 759,555
Big Box Funds 232,000
HB 645 American Recovery & Reinvestment Act 110,400
Energy Conservation Community Block Grant 16,100
Total Revenue Available 595,393 868,035 759,555 868,035 759,555
Expenditures
PROPOSED
FY13 BUDGET
PROPOSED
FY13 BUDGET
Engineering, contract with Allied Engineering 105,750 26,672
N7Rehab 261,000 121,000
-Façade and Site Rehab 48,000 TIF 4,295
-Tech Assistance Grant Program 10,800 36,000 TIF 11,800
-FY2011 rollover 25,200 TIF 25,200
-Demolition 74,000 TIF
-FY2011 rollover 17,500 TIF 13,253
-Public right-of-way improvements 57,000 TIF
N. 7th Phase I Sidewalk Improvements 110,400
80,554
-Uhaul Grant 50,000 50000
Bus Shelter 1,000 TIF 901
-FY2011 rollover 16,100 ECCBG 16,100
Part-time staff and other professional services 10,000 10,000 TIF 10,000 10,000 10,000
Outreach 250 3,726 1,500 TIF 322 1,500 1,500
Lighting and Gateway 4 316,173 TIF/BBF 76,438 63,953 534,243 674,243
I-90 Bridge Enhancement 25,000 25,000
Oak Street Shared Use Pathway (CTEP match)15,000 TIF 15,000 15,000
Planning Consultant-N. 7th specific zoning code 20,000 20,000
TIF correction OR District maintenance Projects 100,850 TIF/BBF 30,000 30,000
Totals 106,000 242,156 Subtotal*709,523 896,743 896,743
Summary of Expenditures Total 208,309
TIF 106,000 24,530 115,771
Big Box Funds 107,226 76,438
HB 645 110,400
ECCBG 16,100
Total Expenditures 106,000 242,156 208,309
Ending Balance 489393 625,879
amended
TABLE 1
*not including FY11 rollovers
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