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HomeMy WebLinkAbout18-03 Extension Parcel HREDEVELOPMENT AUTHORITY OF THE CITY OF OSHKOSH, WISCONSIN FEBRUARY 28, 2018 18-03 RESOLUTION (CARRIED________LOST________LAID OVER________WITHDRAWN________) PURPOSE:APPROVE EXTENSION FOR OPTION TO PURCHASE A PORTION OF PARCEL H –CORNER OF JACKSON STREET AND PEARL AVENUE;OSHKOSH BIER BREWING, LLC WHEREAS the Redevelopment Authority of the City of Oshkosh approved an option to purchase a portion of Parcel H on the corner of Jackson Street and Pearl Avenue to Oshkosh Bier &Brewing LLC expiring on July 20, 2017; and WHEREAS Oshkosh Bier & Brewing LLC requested and received an extension from the Redevelopment Authority of the City of Oshkosh on the option to purchase a portion of Parcel H on the corner of Jackson Street and Pearl Avenue until January 20, 2018; and WHEREAS, Oshkosh Bier & Brewing LLC is requesting an extension on the option to purchase a portion of Parcel H until December 31, 2018. NOW THEREFORE BE IT RESOLVED by the Redevelopment Authority of the City of Oshkosh that an extension until December 31, 2018 on the option to purchase submitted by Oshkosh Bier and Brewing LLC (Jeffrey Fulbright, member)or its assigns, for a portion of Parcel H at the corner of Jackson Street and Pearl Avenue within the Marion/Pearl Redevelopment Area is hereby accepted and the proper officials are hereby authorized and directed to execute any and all documents necessary for purposes of same. TO:City of Oshkosh Redevelopment Authority FROM:Allen Davis, Community Development Director DATE:February 22, 2017 SUBJECT:18-03 Approve Extension for Option to Purchase a Portion of Parcel H; Corner of Jackson Street and Pearl Avenue;Oshkosh Bier Brewing, LLC BACKGROUND The vacant parcel on the southwest corner of Jackson and Pearl is part of the Marion Road Redevelopment Site. The RDA granted an option to Oshkosh Bier Brewing in 2016 until July 20, 2017 and extended the option in July 2017 until January 20, 2018.The applicant is requesting an extension on the option until December 31, 2018. ANALYSIS Mr. Fulbright has been working on the proposed Brewery/tap house over the last year. He has not submitted final plans for Plan Commission, City Council or RDA approval. No other potential developers have approached staff on the prospect of developing the parcel, or obtaining an option. RECOMMENDATION The RDA grants an extension on the option for Oshkosh Bier Brewing until December 31, 2018. PARTNERS: TIMOTHY M. DEMPSEY CHARLES J. HERTEL BRIAND. HAMILL PETER J. CULP HEATH G. MYNSBERGE 210 North Main Street Oshkosh, WI 54901 2079 Lawrence Drive, Suite C De Pere, WI 54115 ASSOCIATES: SALLYM.PAUL OFFICE MANAGER: BILLIE JO SEARL DEMPSEY LAW FIRM, LLP A WISCONSIN LIMITED LIABILITY PARTNERSHIP 920-235-7300 (office) 920-235-2011 (facsimile) www.dempseylaw.com Sent Via Email Only: & Mr. u 3,rr ar ty p 7 arr s xy ar x M p p p fi j I , p p ar c n fi ji ffi p q cmm Y in ci d j fi pj 07377491.WPD.l Established in 1849 & fi W nk Sy, DEMPSEYL J: Jfr 07377491.WPD.1 RDA Minutes July 31, 2017 Page 1 REDEVELOPMENT AUTHORITY MINUTES July 31, 2017 PRESENT:Thomas Belter,Jack Bermingham Steve Cummings,Steve Hintz,Jason Lasky, Archie Stam EXCUSED:Doug Pearson STAFF:Allen Davis, Executive Director/Community Development Director;Darlene Brandt,Grants Coordinator;Andrea Flanigan, Recording Secretary; Chairman Cummings called the meeting to order at 4:00 pm. Roll call was taken and a quorum declared present. The minutes of May 17, 2017 were approved as distributed (Stam/Lasky). Res.17-08 Approve Lease Agreement with H&M Commercial LLC 43 E. 7th Avenue Motion by Belter to move Res.17-08 Seconded by Hintz There was no discussion on the item. The item was called. Motion carried 6-0. Res.17-09 Approve Extension for Option to Purchase a Portion of Parcel H –Corner of Jackson Street and Pearl Avenue; Oshkosh Bier Brewing, LLC Motion by Belter to move Res.17-09 Seconded by Hintz Mr.Fulbright provided background on a potential 15,000 square foot brewery and 2,000 square foot tap room on Parcel H. He stated the need for the extension was due diligence for the project and to determine if the site was feasible for the project.As the project evolves more questions arise. The extension would allow for follow through on these questions.The brewery would have a positive impact on the surrounding area including the riverwalk.He stated the target date is April 2018. Mr. Lasky inquired if the 5 month extension was enough time for Mr. Fulbright to do his due diligence and make a decision and the end of November. Mr. Fulbright stated he would need 6 months. RDA Minutes July 31, 2017 Page 2 Mr. Davis stated there is a 5 month option on the agenda but the RDA can amend the resolution to 6 months. Mr. Lasky inquired if anyone else had expressed interest in the parcel. Mr.Davis responded negatively. Mr. Hintz motioned to amend resolution 17-09 to approve a 6 month extension for an option to purchase a portion of Parcel H at the Corner of Jackson Street and Pearl Avenue to Oshkosh Bier Brewing LLC. Seconded by Lasky The item was called. Motion carried 6-0. Motion by Belter to approve resolution 17-09 as amended. Seconded by Stam. The item was called. Motion carried 6-0. Res.17-10 Approve Continuing Urban Green Space Use; Northeast Corner of Central Street and West Parkway Avenue Motion by Hintz to move Res.17-10 Seconded by Stam Mr. Hintz stated he was impressed with the upkeep of the green spaces by the neighborhood. He stated as the property continues to improve, he wants to make sure the neighborhood is still aware that the green space is not permanent, if a proposed development arises. Mr. Cummings inquired if there was a contact person if the property needed maintenance. Ms. Brandt stated Ms. Palmeri is the contact person for Middle Village Neighborhood. Mr. Cummings inquired how we are ensuring the neighborhood is maintaining the property. Mr. Davis stated the property is checked often and stated he has been satisfied with the maintenance. Mr. Hintz stated the RDA could be looking at an infinite amount of one year renewals if no development occurs. Mr. Davis stated it is important to look at this annually to make sure it is being maintained properly through the years.