HomeMy Public PortalAbout2012.10.25 MRA 2012 Annual ReportMcCall Redevelopment Agency
2012 Annual Report
October 25, 2012
Good Evening Mayor, Council Members and Staff.
Thanks for the opportunity to speak with you tonight. It is definitely the highlight of my public
service activities for the year.
2012 has been another busy year for the McCall Redevelopment Agency, although we are definitely
slowing down from the pace of the last five years. During fiscal 2012 the Agency has been focused
on three issues:
Planning and letting the contract for improvements to Fir St. between Lake St. and Mill
Alley.
Wrestling with how to handle a piece of property that the Agency owns, but is not inside the
boundary of the District.
Making sure that we are fiscally responsible, so that as time goes by we will have the
resources to meet our obligations and continue to make McCall a leader in community
focused improvements.
The Fir St. project is almost complete at this point. Paving is imminent. Our budget did not allow
for the paving of the sidewalks, so they will be gravel for the time being. The street will be paved
and striped with a good storm water collection system and infrastructure for future light poles and
irrigation in place.
When Railroad avenue was constructed as an MRA project it required that the agency purchase a
piece of property that was adjacent to but outside the District. Apparently, "outside of the district"
wasn't such a big deal a few years back. Now, however, for the District to sell, lease or work on
that property it has to be included within the boundary. Hopefully we can get this figured out and
make that change.
With the current economic status and declining revenues from property taxes we, as the MRA, have
been very concerned about maintaining our ability to make our bond payments. To that end, we as
a board made a decision to keep a fund balance of 100k so that if income continues to erode we will
be able to meet Dur obligations.
As an additional caution, I as Chair have real concern with two issues that our Legislature is
considering. Both would impact the McCall Redevelopment Agency severely.
1. Passing the twice proposed "Stabilization Levy Repeal" — 120K per year hit to the
MRA.
2. Doing away with the property tax. No clue as to if this is real, but there are rumblings
over at the Capitol Building....
Rick Fereday
Chair - MRA