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HomeMy WebLinkAbout7.19.2023 Redevelopment Authority Meeting Minutes__________________________________ Redevelopment Authority Minutes 1 July 19, 2023 REDEVELOPMENT AUTHORITY SPECIAL MEETING MINUTES July 19, 2023 PRESENT: Thomas Belter, Todd Hutchison, Matt Mugerauer, Archie Stam, Adam Bellcorelli, Jason Lasky EXCUSED: Susan Panek STAFF: Kelly Nieforth, Community Development Director; Mark Lyons, Planning Services Manager; John Zarate, Economic Development Specialist; Kay Qualley, Assistant Director of Community Development; and Jeff Witte, Principal Planner Mugerauer called the meeting to order at 4:00pm. Roll call was taken and a quorum declared present. Approve June 28, 2023 Special Meeting Minutes Motion by Belter to approve the June 28, 2023 Special Meeting minutes. Seconded by Stam. Motion carried 6-0. Jefferson Street Proposal Presentation (10 minutes) Commonwealth Development Corporation of America Tyler Sheeran, Vice President-Development, presented The Corridor located at 600 Block of Jefferson and North Main Street: • Land: Offering 25% over asking price ($112,500). • Match to City Dollar: Leveraging $17.8 million in Federal/State resources to match City of Oshkosh contribution. o AHP and HOME ($2 Million) o WEDC ($250,000) o Deferred Fee Proposed Development • One 32-unit midrise building: 7 one-bedrooms, 23 two-bedrooms, 9 three-bedrooms • Two 8-unit Townhome buildings: 8 one-bedrooms and 8 three-bedrooms • Building will include a community room, exercise facility, business center, leasing office, and Commercial Space: The Oshkosh Child Development Center (OCDC) __________________________________ Redevelopment Authority Minutes 2 July 19, 2023 • Implementing Green factors without adding a lot of additional cost • Architectural and design appeal • 55 surface parking stalls (1:1 ratio) • Outdoor courtyard • Extensive greenery • Adequate sidewalks throughout the development • Spring of 2025 approximate closing Hutchison asked if once the offer is signed can the developer make changes? Nieforth referred to Mark Lyons for input. Lyons noted this project will need a plan development overlay, will have to go through the city approval process and go through Plan Commission and Common Council. Plan Commission will be looking at the original design. Typically, these projects are brought back to RDA during the Plan Commission process to make sure it’s keeping in character and design of what’s envisioned. Hutchison asked about enclosed parking. Tyler Sheeran responded there is not enclosed parking due to keeping costs within reason. Lasky asked if there would be additional land acquisition if this project is approved by Common Council? Tyler Sheeran responded on Main Street where the mid-rise is currently shown, Commonwealth has the area of Main under contract with a private seller so in terms of RDA, there’s no need to worry about that. RDA owns one parcel on Main Street. Sheeran stated, they apply for tax credits from Weda; those are received and then sell them at a discounted rate to the investors. That’s the equity the project is able to realize. Deferred fee of $530,000. Qualified Action Plan (QAP) are enabled for two years. Last year was year one of one and this year is year two of two and Tyler feels comfortable of where it lands right now. No further questions. Motion to Go into Closed Session Motion by Belter to go into closed session at 4:20pm. Seconded by Stam. Motion carried 6-0. RDA entered back into open session at 5:08 pm. 23-09 Approve Offer to Purchase Jefferson Street Redevelopment Properties to Commonwealth Development Corporation of America Matt Mugerauer commented he appreciates the proposal and the effort that was put into this. __________________________________ Redevelopment Authority Minutes 3 July 19, 2023 Motion by Belter to approve 23-09. Seconded by Stam. Motion carried 6-0. Motion to amend: Nieforth asked that the timeline guidelines and conditions that were discussed in closed session be flexible and they would be incorporated into the actual agreement. Tyler Sheeran gave an approximate date of July 1, 2025 for project start. Wheda requirements are 6 months post application. Application goes in mid-January so August 1, 2024 could be used as a start date and can also include the right to extend. Amended Motion: Extend the offer to August 1, 2024 and subject to application being submitted by January, 2024 with award confirmation June, 2024; closing August 1, 2025 or extended. Motion to amend 23-09 by Belter. Seconded by Bellcorelli. Motion carried 6-0. 23-10 Accept Donation of Property at 1429 Fox Street Motion by Stam to approve 23-06. Seconded by Lasky. Motion carried 6-0. *23-11 Approve Purchase of Vacant Lot on Mill Street (Parcel# 0806110000) ($32,000.00) Motion by Belter to approve 23-07. Seconded by Hutchison. Motion carried 7-0. Belter asked if there is a blanket RFP on all of our potential infill lots? Nieforth responded, that available lots are listed on the city website and a process, which includes the steps they need to go through, is in place when someone is interested in purchasing a vacant lot. Bellcorelli asked how many are generally in the system? __________________________________ Redevelopment Authority Minutes 4 July 19, 2023 Nieforth responded, that some are reserved for future right-of-way and some for assembling to make a larger developable area. There is approximately a dozen that are available for purchase. Executive Director Report Nieforth highlighted Pioneer Island. They are still proposing to do a Tiki Bar and staff has issued a temporary use permit. Nieforth also noted new owners of the Miles Kimball Building are Kip Golden plus a development team. They are staying within the timeline of October, 2023 that was approved in the development agreement. Nieforth stated she has spoken with Chet Wesenberg and Tim Hess about the BoatWorks Development and they stated their bids are coming back higher than they anticipated and are they’re analyzing what they want to do. Per the option agreement for our RDA parcel, the late date was 30 days after the city received the phase II Environmental Assessment, which was received January 4, 2023. In theory that option term expired in February, 2023. The developer has been showing good faith effort that they were moving forward with the project and the last submitted site plan for review was March 31, 2023. Since then, there has been some silence. Their option term has ended. Mugerauer asked if they’ve requested an extension. Nieforth responded, no. Lasky asked will this open it up for RFP? Nieforth answered, that is up to RDA if we’d like to. She noted they have invested quite a bit of time and money into the project. She also noted that this fall the city is planning on demoing the building on the city parcel to the West. Mugerauer stated with investment that’s already been made, it’s interesting that they haven’t requested an extension to protect their interests. Nieforth noted staff is working through ATC easements. If there is something that will be on RDA property you will see that but the language is being analyzed to ensure it doesn’t restrict our properties and have a negative impact in the future. An easement is approved forever so we want to make sure we’re doing our due diligence with this request. Belter noted there was a presentation 5 or 6 years ago of a plan for Sawyer Street going straight North. Is that still what the plan is? Nieforth responded that in preparation for Sawyer Street Oshkosh Avenue, RDA has purchased multiple properties in that area to prepare for that intersection reconstruction and the plans you’re talking about was in the traffic impact analysis the city did when Oshkosh Corp. was going to be building their global headquarters. There is not space for a roundabout and the city wants to make it a more traditional intersection. Public Works is __________________________________ Redevelopment Authority Minutes 5 July 19, 2023 starting to work on the design. This intersection is part of TID 35 which and that area is doing quite well. Next meeting September 20, 2023. Adjournment There was no further discussion. The meeting adjourned at approximately 5:24pm. (Stam, Bellcorelli) Respectfully Submitted, Kelly Nieforth Executive Director *Items marked with an asterisk also require Common Council approval.