Loading...
HomeMy Public PortalAbout2021-05-28_Letter_of_Intent_to_Terminate_to_Taxing_Districts MCCALL REDEVELOPMENT AGENCY May 28, 2021 City of McCall Attn: Anette Spickard, City Manager Attn: City Clerk City Hall 216 E. Park Street McCall, ID 83638 aspickard@mccall.id.us bwagner@mccalli.id.us Valley County Attn: Board of County Commissioners Attn: June Fullmer, County Assessor Attn: Doug Miller, County Clerk, Auditor and Recorder dmiller@co.valley.id.us assessor@co.valley.id.us McCall Cemetery District Attn: Thomas Kerr, Chair PO Box 853 McCall, ID 83638 Valley County Emergency Medical Service District Attn: Elting Hasbrouck, Chair 219 N. Main St. Cascade, ID 83611 dmiller@co.valley.id.us McCall Fire Protection District Attn: Sadie Noah, Chair 201 Deinhard Lane McCall, ID 83638 sadie@mccallfire.com chief@mccallfire.com Valley County Road & Bridge Attn: Jeff McFadden, Superintendent PO Box 672 520 S. Front Street Cascade, ID 83611 jmcfadden@co.valley.id.us McCall Memorial Hospital District Attn: Travis Leonard, Secretary and Treasurer PO Box 1283 McCall, ID 83638 mccallmemorialhospitaldistrict@gmail.com Payette Lakes Recreational Water & Sewer Attn: Ellen Holm, Chair 201 Jacob St. McCall, ID 83638 trichardson@plrwsd.org McCall-Donnelly School District #421 Attn: Laurie Erekson, Chair 120 Idaho Street McCall, ID 83638 lerekson@mdsd.org Idaho State Tax Commission Attn: Alan Dornfest Attn: Archie Keeton, III Attn: Jeff Servatius PO Box 36 Boise, ID 83722 alan.dornfest@tax.idaho.gov DocuSign Envelope ID: 708331F4-258F-4020-B662-7F202CECF404 archiekeetoniii@tax.idaho.gov jeff.servatius@tax.idaho.gov Re: Intent to Terminate the 1990 Urban Renewal Plan for the Railroad Avenue Area, as amended Greetings, All: This letter serves as advance notice to you of the intent of the Urban Renewal Agency of the City of McCall, Idaho, also known as McCall Redevelopment Agency (the “Agency”), to terminate the revenue allocation area adopted at the time of the 1990 Urban Renewal Plan for the Railroad Avenue Area, as subsequently amended by the 2006 Updated Urban Renewal Plan (the “Railroad Avenue Plan”). The Railroad Avenue Plan has the distinct honor of being McCall’s first revenue allocation area (“RAA”). For the past 30 years, the Agency has reinvested revenue from the RAA in public improvements within the boundaries of the RAA. The termination date for the Railroad Avenue Plan and the RAA is December 2020, recognizing the Agency shall receive its allocation of revenues assessed in calendar year 2020 during calendar year 2021, as permitted by Idaho Code § 50-2905(7). The Agency has reviewed the projected revenues and expenses of the Railroad Avenue Plan and has determined the RAA can be terminated by December 31, 2021, effective retroactive to January 1, 2021, as it relates to assessed values within the RAA. As a result, the Agency shall not receive revenue allocation funds in calendar year 2022, generated from the 2021 assessed values, and the allocation of revenues under section 50-2908, Idaho Code, shall cease effective January 1, 2022. The Agency does not intend to receive revenue allocation funds from any delinquency tax payments. At its June 15, 2021, public meeting, the Agency Board of Commissioners will consider the adoption of a resolution of intent to terminate the Railroad Avenue Plan and RAA, including a formal recommendation to the McCall City Council to adopt an ordinance terminating the RAA by December 31, 2021. Thereafter, the McCall City Council is expected to hold a public meeting and adopt a termination ordinance, which is the final step in formally terminating the Railroad Avenue Plan and RAA. With the passage of House Bill 389, portions of which are effective retroactive to January 1, 2021, it is generally understood the increment value of the terminating RAA shall be included in the net taxable value of the taxing district when calculating the subsequent property tax levies pursuant to section 63-803, Idaho Code. The increment DocuSign Envelope ID: 708331F4-258F-4020-B662-7F202CECF404 value shall also be included in subsequent notification of taxable value for each t axing district pursuant to section 63-1312, Idaho Code, and subsequent certification of actual and adjusted market values for each school district pursuant to section 63-315, Idaho Code. You will need to contact the Valley County Assessor’s Office and/or the State Tax Commission for increment value information, including the portion of the increment value, to be included on the new construction roll for new construction located within the RAA since December 31, 2006. Please plan to follow up with Valley County Assessor’s Office and/or the State Tax Commission to further determine any specific impacts as a result of House Bill 389. Since late 2018/early 2019, the Agency has been working to complete design and engineering for projects to be constructed related to the Lake Front Improvement Project. The scope of these efforts are focused on the area along the shoreline north of Mile High Marina to Brown Park, and include shoreline stabilization to remediate wave erosion caused by boat traffic, waterfront improvements increasing non-motorized access to Payette Lake, improvements to Brown Park, improvements to the pathways and access into Brown Park, and ultimately improvements to E. Lake Street, if sufficient funds exist to complete the full project. Due to the short construction season and the limited access to Payette Lake for shoreline improvements, there are remaining improvements to be completed under the Railroad Avenue Plan, which are anticipated to be completed by the Agency’s current fiscal year ending September 30, 2021. The Agency has or will have sufficient funds on deposit for payment of all final project costs and administrative fees. At this point, no surplus is anticipated to be distributed prior to the end of the Agency’s 2021 fiscal year on September 30, 2021. Any available funds will be remitted to the County Treasurer to be distributed to the taxing districts in the same manner and proportion as the most recent distribution to the taxing districts of the taxes on the taxable property located within the RAA. The Agency anticipates distributing the formal termination budget, together with a narrative termination plan, well prior to the statutory deadline of September 1, 2021. City Council approval is also expected before the statutory deadline of December 31, 2021. The list of those who contributed to the Railroad Avenue Plan’s remarkable transformation over the past three decades is long and varied. Private developers supported the vision by investing capital. Public entities guided the evolution to ensure conformity with the Railroad Avenue Plan, as amended, and Idaho law, resulting in desirable improvements enjoyed by all, most notably the improvements to Legacy Park. Agency commissioners and staff are proud of the essential, central role the Agency has DocuSign Envelope ID: 708331F4-258F-4020-B662-7F202CECF404 played over the years by intelligently and transparently applying the redevelopment tools granted by the Idaho Legislature. For additional information contact Michelle Groenevelt at 208-634-5229 or mgroenevelt@mccall.id.us Sincerely, Rick Fereday Chair, Board of Commissioners Michelle Groenevelt MRA Staff Director cc: Agency Board of Commissioners Meghan S. Conrad, Elam & Burke 4847-0902-6518, v. 1 DocuSign Envelope ID: 708331F4-258F-4020-B662-7F202CECF404