HomeMy WebLinkAbout46. Arena UpdateTO: Honorable Mayor & Members of the Common Council
Mark Rohloff, City Manager
FROM: Allen Davis, Community Development Director
DATE: July 20, 2017
RE: Arena Construction, Public Improvements, Tax Increment Finance Plan, Timeline
Buckstaff Demolition
Complete. The City had rented equipment for $30,867 to date. Additional costs including
repairs, supplies, erosion control, security fencing, and stone totaled $27,800.
Arena Construction
The contractor erected much of the structural steel and the roof is being constructed. The
contractor reports that they will be submitting revisions to the site plan and building that
includes signage, an updated facade and plaza. Plan Commission and the City Council will be
reviewing the revised plans upon submittal.
Public Improvements
The public infrastructure contractor, PTS, is scheduled to begin the public infrastructure
construction the week of July 241h
WEDC provided a grant for $250,000 to partially pay for planned public improvements around
the arena. Lastly, the 11th Ave and South Park projects included 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.
City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 920.236.5000 http://www.ci.oshkosh.wi.us
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, city council and the Joint Review Board reviewed and approved
of the TIF #31 Plan.
TimPlinP
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
City Council closed session regarding Land Sale, Development Agreement
and Lease Agreement. Completed
February 2, 2017: Joint Review Board meeting - Completed
Plan Commission receives draft TIF Plan in packet. Completed
City Hall, 215 Church Avenue P.O. Box 1 130 Oshkosh, WI 54903-1130 920.236.5000 http://www.ci.oshkosh.wi.us
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
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
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. Completed
June: City bids public improvements -Opened bids June 15, 2017, awarded on June 27, 2017.
City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 920.236.5000 http://www.cl.oshkosh.wi.us
July/August/September/October/November: Construction of public improvements. - On
Schedule
October/November: Complete construction of Arena.
City Hall, 215 Church Avenue P.O. Box 1130 Oshkosh, WI 54903-1130 920.236.5000 http://www.ci.oshkosh.wi.us