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HomeMy Public PortalAbout06.19.18 MRA MinutesCity of McCall McCall Redevelopment Agency Minutes June 19, 2018— 8:00 am Legion Hall 216 E. Park Street CALL TO ORDER AND ROLL CALL Bob Youde, Bob Giles, Monty Moore, and Colby Nielsen, Rick Fereday, and Nic Swanson were present. Shelly Johnson was absent. City Manager Anette Spikard, Community Development Director Michelle Groenevelt, City Treasurer Linda Stokes and Permit Technician Rachel Santiago-Govier were also present. CONSENT AGENDA • Minutes from May 15th, 2018 • US Bank Invoice Member Moore made a motion to approve the Consent Agenda. Member Youde seconded the motion. All members voted Aye and the motion carried. NEW BUSINESS • Elam and Bourke Engagement Letter agreement for approval Chairman Fereday and Member Youde spoke in favor of Elam and Bourke. Member Nielsen motioned approve the agreement. Member Giles seconded the motion. All members voted in favor and the motion carried. • Resolution to accept the Eligibility Study - Phil Kushlan Mr. Kushlan presented the eligibility study. He presented an updated document with a new resolution number. The eligibility study is the first step to help define the boundaries through an analysis. There were 13 criteria are taken from the two state statues that govern the creation of Urban Renewal Districts. There were two sub -areas for analysis. Almost all the criteria were met for both subject areas. If the committee chooses to use both subject areas it would consist of 8.5% of the city's total valuation which is below the 10% maximum but would include the majority of commercially zoned properties. The members discussed the areas that were to be included and several areas that were not included in the boundary drawing. McCall Redevelopment Agency July 17, 2018 Agenda Ms. Groenevelt explained that the area south of Deinhard south to Krahn lane as a potential third district. However, it would not fit within the current boundary given the two current subject areas total 8.15%. It could be something to be included in future districts. Mr. Kushlan discussed the next phase of district creation, a financial feasibility study. They will look at improvements to be made and forecast the financial eligibility of the area. Ms. Groenevelt reviewed the timeline for the steps towards creating a new district. Member Moore and Mr. Kushlan discussed the amount of bonds to be taken out. Member Moore made a motionto forward Resolution 2018-01 to the City Council for approval. Member Giles seconded. All members voted in favor and the motion carried. • Mike Maciaszek — Letter of Interest and Resume Ms. Groenevelt announced the resignation of Member Johnson from the board. Mr..Maciaszek introduced himself to the MRA committee and stated his interest in serving as a board member. His office is within the current Urban Renewal District and he has previously owned property and operated a business within the boundary. He presented his resume and letter of interest. Member Youde made a motion that the open MURA board seat be advertised for two weeks in the Star News and on the City of McCall website. Mr. Swanson seconded the motion. All members voted in favor and the motion carried. Projected Projects in the current District- Kurt Wolf — postponed until the July 17th meeting. • Bond Payment close out - Linda Stokes . The board is eligible to call the bonds. It was budgeted to call the oldest and largest bond to save on interest. She must notify the bank. within 60 days that they will call the bond. They can call at any time. The payment would be $929,000. The savings to the board would be between $50,000 and $100,000. Member Moore and Member Youde spoke in favor of calling the bond. Member Youde made a motionto pay off the bond as approved in this year's MRA budget. Member Giles seconded the motion. All members voted in favor and the motion carried. NEXT MEETING McCall Redevelopment Agency July 17, 2018 Agenda August 14, 2018 Member Youde made a motion to dismiss the meeting. Member Giles seconded the motion. All members voted in favor and the meeting was dismissed. .Signed: July 17, 2018 Rick Fereday MRA Chair Attest: Michelle Grghevelt Community Development Director McCall Redevelopment Agency July 17, 2018 Agenda