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HomeMy Public PortalAbout2020.08.03 MRA Minutes City of McCall McCall Redevelopment Agency Special Meeting Minutes August 3,2020—8,00 am McCall Community Center 701 1st Street, McCall, ID 83638 COVID-19 Announcement Due to McCall's commitment to stay healthy in response to the COVID-19 Emergency and ensuring that the City's Business continues,this will be both an in person and teleconference meeting.The in-person component will be held at the McCall Community Center,the Meeting Room Occupancy Capacity is 22,and is subject to the 6-foot social distancing recommendation of Centers for Disease Control and Prevention.The Board Members and staff who are anticipated to be in attendance is no more than6. Social Distancing will be enforced. All other persons may be in attendance virtually via Teleconference.Any member of the public can join the meeting by calling in as follows:+1208-634-8900 Conference'ID: 570 729 218# If there are any questions,contact Michelle Groenevelt,Community and Economic Development Director at meroenevelt@mccall.id.us. CALL TO ORDER AND ROLL CALL Monty Moore, Colby Nielsen, Rick Fereday and Mike Maciaszek were present. Nic Swanson and Tabitho Martineau were absent. Community and Economic Development Director Michelle Groenevelt, City Treasurer Linda Stokes, Permit Technician Rachel Santiago-Govier and Consulting Attorney Meghon Conrad were also present. NEW BUSINESS • ACTION ITEM: Review and tentative approval of the proposed 1990 Railroad Avenue Urban Renewal Project budget for FY21,selection of the public hearing date and authorization to publish notice Treasurer Stokes presented the budget items for consideration by the board. She first reviewed their cash flow and financials.The bonds for the Railroad Avenue District were paid off earlier in the year. The current year expenses that the board has discussed at prior meetings were put into the projected budget for FY21. Chairman Fereday asked why the bank charges were higher than other years in 2019 and 2020. McCall Redevelopment Agency August 3,2020 Minutes The charges were for the bond trustee as they were paying off their bonds over those two years. The number for 2021 is the projected amount to be charged for the checking account fees based on an average of the previous years. The amount remaining for the Waterfront project is$1,772,000. Member Moore asked about the roughly$300,000 depreciation in 2019 and where that number came from.Treasurer Stokes stated that it represents the depreciation in the value of past capital improvements that the board has invested in and owns as assets. Ms. Conrad provided an overview of the process to proceed forward. Idaho Code 50-2903 Subsection 5 governs budgeting. A tentative budget is approved. A public hearing is scheduled and published.A 2021 budget for the Railroad Ave plan will be refined and the information will be provided to the taxing district to show them how the board is spending the money.Any left- over monies at the end of September of 2021 will be returned for dispersal by the taxing district. Member Nielson made a motion to tentatively approve the FY21 budget in the amount of $2,017,381 and authorization to publish and set the public hearing date for August 18"'. Member Maciaszek seconded the motion.A roll call vote was held. Member Maciaszek—Aye. Member Nielsen—Aye. Member Moore—Aye. Member Fereday-Aye. • ACTION ITEM: Review and tentative approval of the proposed Downtown West Urban Renewal Project budget for FY21,selection of the public hearing date and authorization to publish notice There was discussion regarding the plan name. Ms. Conrad suggested we use the name on the title page of the documents but can refer to the district casually as whatever the board would like. Treasurer Stokes the current year tax levy was used to estimate the increment.The amount is likely on the high end for FY21. Interest earned income was also included.The total was set at$89,054.There was discussion over the costs of funds that were used by the Railroad District in the creation of the Downtown West district. It was decided that potential repayment would be researched. Member Nielson made a motion to tentatively approve the FY21 budget in the amount of$89,054 and authorization to publish and set the public hearing date for August 18". Member Maciaszek seconded the motion. A roll call vote was held. Member Maciaszek—Aye. Member Nielsen—Aye.. Member Fereday-Aye. Member Moore had to leave the meeting. A quorum was lost. Based on the advice of Ms. Conrad, the decision was made to publish the public hearing anyway based on the previous discussion. McCall Redevelopment Agency August 3,2020 Minutes NEXT MEETING • Next Regular Meeting—August 18,2020 ADJOURN Member Maciaszek made a motion to adjourn. Member Nielsen seconded the motion.All members voted aye and the meeting was adjourned. Signed: August 18, 2020 Attest: Rick Fereday Michelle Croenevelt MRA Chair Community Development Director McCall Redevelopment Agency August 3,2020 Minutes