Loading...
TIF #3 Board of Directors Minutes - 07/09/2019 New MINUTES Tax Increment Financing #3 Board July 9, 2019 PRESENT: Kenneth Haney, Chairperson *Member Andy Lee *Member Barry Mahler *Member Arthur Bea Williams *Member DeAndra Chenault •Council Liaison Kinley Hegglund, City Attorney •Legal Dept. Paul Menzies, Assistant City Manager *City Staff Karen Montgomery-Gagne, Planning Administrator •City Staff Pat Hoffman, Property Management •City Staff ABSENT: Betty Humphrey-Sanders •Member Rick Orr •Member Gail Natale •Member I. CALL TO ORDER The meeting was called to order by Chairperson Mr. Kenneth Haney at 4:03 p.m. Chairperson Haney proceeded by welcoming guests, making introductions and requesting people silence all cell phone ringers during the meeting. II. APPROVAL OF MINUTES Mr. Andy Lee made a motion to adopt the October 23, 2018 minutes. Ms. Arthur Bea Williams seconded the motion. The motion was passed unanimously. III. UPDATE ON FINANCIAL STATUS Ms. Montgomery-Gagne provided an overview of the current financials for the reinvestment zone. Ms. Montgomery-Gagne advised due to new software no increments would be issued to any TIF zone potentially until the end of August, Staff will provide more in-depth, updated financials at the next TIF#3 meeting, noting currently$553,014.61 is in the TIF fund. County Commissioner Barry Mahler stated he had spoken with the County Tax Assessor that day and advised the software representatives would be in the office on July 17, 2019 to make changes to current software. TIF zones created didn't include all parcels under ownership and bisected parcels. Commissioner Mahler also advised auditors are involved to figure calculations for tax increment. No other discussion. III. CORRESPONDENCE RECEIVED: REQUEST ACTION - 1210/1212 North Rosewood Mr. Haney gave a brief overview of Mr. Haywood's property, letters and research from the Appraisal District that had been submitted. Mr. Haney turned the floor to Ms. Arthur Bea Williams to discuss the letter she received from Mr. Haywood. Tax Increment Financing#3 Board Meeting PAGE 2 July 9,2019 Ms. Williams read a letter to the board which advised Mr. Haywood would not be in attendance for meeting. Mr. Haywood has requested the TIF #3 boundary be moved to include Rosewoodverf Avenue from Martin Luther King Boulevard to Duncan and Rosewood. Mr. Haywood also requested the board exclude Thompson Road to Harding and Linda Lane from the TIF #3 boundary. Ms. Williams believes Mr. Haywood's request makes more sense to include more areas with business potential. Mr. Haney asked if there was any investment from Mr. Haywood. Ms. Williams advised she was not sure of his level of funding but did advise Mr. Haywood would need private funding. Mr. Haywood has stated he already owns a business on 1209 Scott Street, however, WCAD records do not show any ownership of land by Mr. Haywood. Board members discussed flooding in areas on the Eastside. Mr. Andy Lee stated he believed Rosewood was a natural fit but, majority was vacant residential. Staff noted zoning as Residential Mixed Use (RMU) likely from 1984/85 when zoning was enacted. Much of this area that is Single Family—2 (SF-2)would need to be rezoned to allow for his intended use. Mr. Paul Menzies presented the question if the property owner was interested and moved forward, he would need Planning & Zoning approval, then back to TIF board. Was this something the board would consider for funding? Mr. Haney stated he wanted to see Mr. Haywood take an active role in funding the project and doing exterior improvements. Mr. Haney stated we only needed to take a "GAP" role in this project. Mr. Menzies stated the money from TIF funds was a grant, a forgivable loan and required a minimum 5-year commitment. Ms. Williams asked if staff had made Mr. Haywood aware that he would need to obtain rezoning approval. It was stated that Mr. Haywood would have to own property first and then he would need a conditional use permit as otherwise a rezone for one land parcel would constitute spot zoning which is not permitted. Ms. Williams stated Mr. Haywood wanted to open up a restaurant. Commissioner Mahler stated TIF funds are only meant to be an anchor for development and not used in residential areas. Staff and councilor Chenault advised no other inquires have been made about new development on Rosewood. Commissioner Mahler asked what the opinion of the people on Rosewood was. Ms. Williams stated most are all renters but, she would anticipate owners would want to sell if rezoned and values were raised. Chairman Haney stated to the board, he believed this would need to be tabled until Mr. Haywood could convene with the board and explain more about his proposal/project. Ms. Williams agreed and there was consensus among board. IV. OTHER BUSINESS a) 2019 Roster No discussion or action was required. b) Park Board Mr. Andy Lee advised the Park Board met June 27th, 2019, stated he believed TIF #3 Board should send memo to Park Board and request their plans and Board would be interested in funding. Mr. Haney advised not within TIF#3 boundaries. V. ADJOURN The meeting adjourned at 5:06 p.m. Next meeting date is to be determined. 4 i/W cil /--HO Pt) Pri 1 Kenneth Haney, Chairperson Date j