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RDA Minutes July 20, 2005 Page 1 CITY OF OSHKOSH REDEVELOPMENT AUTHORITY MINUTES JULY 20, 2005 4:00 pm PRESENT: Tom Belter, John Bermingham Jr., William Castle, Steve Hintz, Sheldon
Lasky, Robert Pung, John Ruppenthal EXCUSED: None STAFF: Jackson Kinney, Executive Director /Director of Community Development; Susan Kepplinger, Principal Planner; Darlene Brandt, Recording
Secretary The meeting was called to order at 4:00 pm by Chairman Ruppenthal. Consent Agenda Motion by Pung, seconded by Bermingham, to approve the Consent Agenda. Motion carried by voice
vote. 05-12 Certification of Modification #1 /South Shore Redevelopment Area Mr. Kinney noted this is a procedural matter after the Common Council has approved of the modification to
the South Shore Redevelopment Area. Motion by Belter to move approval of Res. 05-12 certifying Modification #1 to the South Shore Redevelopment Project Area.. Seconded by Bermingham.
Motion carried 6-0. 05-13 Establish Fair Market Value; Authorize Purchase – 405 High Avenue Mr. Bermingham noted that one of the attorney’s at his firm represents one of the owners and
he will need to abstain from voting. Ms. Kepplinger stated the City’s appraisal was $168,000 for the property. The owners elected to obtain a second appraisal, which came in at $180,000.
During negotiations with the owners, there was a fire at the property which left one unit unoccupiable. Staff and the owners agreed on an acquisition price of $180,000 less the approved
amount from the insurance claim on the fire damage. That amount will not be known until the insurance company settles. The RDA is being asked to approve of the acquisition based on this
stipulation. Discussion ensued on the fair market value of the property and the appraisals received. Ms. Kepplinger noted with rental property acquisitions, owners do not usually report
income. However, when the City purchases a rental property, it is in the best interests of the owners to show that income. Motion by Pung, seconded by Castle to move approval of Res.
05-13 establishing the fair market value of 405 High Avenue. Motion carried 6-0-1 (Abstain: Bermingham)
RDA Minutes July 20, 2005 Page 2 05-14 Determination of Necessity to Acquire Properties: a) 713 South Main Street b) 14 West 8th Avenue Ms. Kepplinger noted the building on S. Main St.
is currently used as a cold storage facility, the property on W. 8th Ave. is used for boat storage and auto body repair, and the buildings are connected by an overhead tramway. Mr. Belter
inquired if it would be possible to have title reports on properties prior to the RDA approving acquisitions? This would assist many of the RDA members in knowing if they have potential
conflicts due to employment. Ms. Kepplinger noted that would not be a problem. Ms. Lasky inquired if there is any historic value to these properties? Ms. Kepplinger noted no, they have
been altered too much. Motion by Castle to move approval of Res. 05-14 determining the necessity of acquiring the properties at 713 S. Main St. and 14 W. 8th Avenue. Seconded by Pung.
Motion carried 7-0. Motion by Pung that following the adjournment of this meeting, the Redevelopment Authority convene into closed session in Room 404 at City Hall to discuss the status
present and perspective for deliberating and negotiating land acquisitions and/or sales in the Marion Road/Pearl Ave. Redevelopment Area, pursuant to Section 19.85(1)(e) of the Wisconsin
Statutes. Seconded by Bermingham. Carried by voice vote. A motion was made, seconded and unanimously approved to adjourn. Meeting adjourned at approximately 4:19 pm. Respectfully submitted,
Jackson R. Kinney Executive Director/Director of Community Development