HomeMy WebLinkAbout33. Arena UpdateTO: Honorable Mayor, Members of the Common Council & Mark Rohloff, City Manager
FROM: Allen Davis, Community Development Director
DATE: June 8, 2017
RE: Arena Construction, Public Improvements, Tax Increment Finance Plan, Timeline
Buckstaff Demolition
Complete. The City had rented equipment for $30,200 to date. Additional costs including
repairs, supplies, erosion control, security fencing, and stone totaled $27,800.
Arena Construction
Final Building Plans were submitted and approved. The contractor has started erecting
structural steel.
Public Improvements
The 2017 Oshkosh Capital Improvement Program does not contain any of the possible Public
Improvements that may be needed for the Buckstaff Redevelopment/Arena project. Staff has
identified the following possible Public Improvements for the Buckstaff Redevelopment/Arena
and estimated the cost:
• Main Street Sidewalk and streetlights —111h Ave. to South Park $130,000
• Improve Traffic Signals at South Park/South Main $125,000
• Install Traffic Signals at 11th/South Main $125,000
• Reconstruct South Park east of Main Street to railroad r/w. $1,378,000
• Reconstruct 11th Ave east of Main Street to railroad r/w. $773,000
• rJe.,,,nst-uet 1211, Ave. west of Main Street to Nebraska.Qr1Qo nnn
$2,531,000
Preliminary design has been completed for the public improvements. Bidding will likely take
place this spring with construction in the summer of 2017. Geo technical investigation for the
projects in the right of way has been completed.
WEDC is considering a grant for $250,000 to partially pay for planned public improvements
around the arena. Lastly, the 111h- Ave and South Park projects could include assessments to
adjoining property owners.
Tax Increment Finance Plan
Staff and Ehlers finished work on a Pay -go - Tax Increment Finance Plan which will be needed
to reimburse the developer for the public improvements the developer finances up front that are
needed for the redevelopment of the Buckstaff/Arena site.
In addition to the public improvement costs, the Arena designer/builder has identified some
extraordinary private development costs for the site, due to the condition of the soils and fill
material on the site:
• $825,000 Remediation — Required by Wisconsin Department of Natural Resources,
including soil removal and land filling and/or encapsulating contaminates.
• $760,000 Geo pier installation — necessary to support the Arena structure weight due to
the poor soils; and Geo grid installation — necessary to support concrete and asphalt
surfaces on the site due to the poor soils.
• $234,000 Stormwater management measures — necessary due to the high groundwater
levels.
The above referenced extraordinary private development costs are estimated to be $1,819,000
and have been added to the TIF #31 Plan, similar to other TIF plans such as the Marion Road
and the Best Western Premier Hotel projects. Ehlers and Associates has drafted the TIF Plan for
the project. Plan Commission reviewed and approved of the TIF #31 Plan.
Timeline
Since the decision to locate the Bucks Developmental League Team in Oshkosh has been
announced, we can establish a final timeline based on an Arena construction start date of
February 27, 2017:
• January 12, 2017: Redevelopment Authority approves acquisition of the Buckstaff
property (ies). Approved
• January 17, 2017: Plan Commission review/recommendation of Planned Development
for Arena. Approved
• January 24, 2017: City Council - Buckstaff update/action on Planned Development for
Arena. Approved
o City Council closed session regarding Land Sale, Development Agreement and
Lease Agreement. Completed
• February 2, 2017: Joint Review Board meeting -Completed
o Plan Commission receives draft TIF Plan in packet. Completed
• February 7, 2017: Plan Commission review/recommendation of draft TIF Plan.
Approved
• February 14, 2017: Redevelopment Authority action on Lease Agreement. Approved
• February 14, 2017: City Council Buckstaff update
o City Council action on Lease Agreement. Approved
• February 17, 2017: City crews complete foundation removal for arena footprint.
Completed
• February 21, 2017: City Council action on SBA liens. Approved
• February 23, 2017: Redevelopment Authority action on Development Agreement and
Land Sale. Approved
• February 27, 2017: Construction begins with geo-piers for the Arena on southern part
of site by Fox Valley Pro Basketball, LLC. Geo pier installation completed
• February 28, 2017: City Council Buckstaff update - Completed
o City Council action on TIF Plan and Development Agreement. Approved
• March 1, 2017: City Crews complete foundation removal for Lot 2. Completed
• March 6, 2017: Joint Review Board meeting to approve TIF Plan. Approved
• March 31, 2017: City crews complete foundation removal on Lot 1. Completed
• April 11, 2017: City Council Buckstaff update. Completed
• April: City Crews fill foundation holes on Lot 1. Completed
• April 25, 2017: City Council Arena Update. Completed
• March/April/May: City Engineers design public improvements. Staff has completed
design and bid package for the first phase of public improvements.
• June: City bids public improvements - On Schedule to open bids June 15, 2017, award
on June 27, 2017
• July/August/September: Construction of public improvements. - On Schedule
• October/November: Complete construction of Arena.