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Commuinity Development Authority - MINUTES - 4/29/2004 (2) CITY OF MUSKEGO APPROVED, 5/20/04 COMMUNITY DEVELOPMENT AUTHORITY (CDA) Audio recording of meeting MINUTES is also available. Thursday, April 29, 2004 CDA Chairman Frank Waltz called the meeting of the Community Development Authority to order at 7:38 p.m. This meeting followed the CDA’s joint meeting with the Committee of the Whole. Those in attendance had recited the Pledge of Allegiance during the joint meeting with the Committee of the Whole. The meeting was posted in accordance with the Open Meeting Law. PRESENT: Commissioners Rob Glazier, David Lidbury, Suzi Link, Gail Miles, Frank Waltz, Ald. Schroeder and Ald. Nancy Salentine (Roll call was taken during the joint meeting with the Committee of the Whole.) Also in attendance were Mayor Slocomb, Interim Plan Director Jeff Muenkel, Finance Director Dawn Gunderson, Ald. Patterson. GUESTS: 3, included Attorney Dick Fredrick APPROVAL OF MINUTES Ald. Salentine moved to accept the minutes for the March 25, 2004 meeting. Commissioner Glazier seconded. Upon a voice vote, the motion carried unanimously. OLD BUSINESS CDA Chairman Frank Waltz extended thanks to Ald. Petfalski for his service to the CDA. Further, extended a welcome to Ald. Schroeder on his appointment to the CDA. CDA Chairman Waltz shared with the members several work meetings with the developers regarding redevelopment of the former Parkland Mall property since the March 25 meeting. On Thursday, April 1, City Finance Director Dawn Gunderson, Interim Plan Director Jeff Muenkel, CDA Chairman Frank Waltz, and Dave Anderson of Ehlers and Associates met at Ehlers and Associates with developers Dave Jorgenson and Steve Stewart to review the status of the Beacon Square proposal which was being prepared and to offer feedback on issues that would involve the city. Thursday, April 8, City Finance Director Dawn Gunderson, CDA Chairman Waltz, Dave Anderson of Ehlers and Associates, and Waukesha County Director of Administration Norm Cummings met at Ehlers and Associates with developers Dave Jorgenson and Steve Stewart and Attorney Dick Fredrick, who is Art Dyer’s attorney, to give further feedback to the development of the Beacon Square proposal. CDA Chairman Waltz said that the meeting scheduled for April 14 was cancelled because the proposal was not yet completed. He shared that on Friday, April 16, copies of the Beacon Square complete proposal were delivered to city hall. They are now in the process of being reviewed by CDA Minutes April 29, 2004 - page 2 city staff as well as being provided to outside consultants for their analysis. The information will then be provided to the developers as well as CDA members, along with the proposal itself. Ald. Salentine asked what he meant by a complete proposal? CDA Chairman Waltz stated in the letter he sent to the developers, he requested the development budget which would include both the construction costs and the soft costs associated with the proposed Beacon Square development, the source and use of funds, an itemized list describing the proposed uses of TIF moneys, and an updated site plan, highlighting any additions, changes, or any details that would be pertinent to the CDA’s subsequent review and approval. The proforma is also included in the proposal. Basically, they provided everything that the CDA requested. Ald. Salentine asked the extent of the site plan changes? CDA Chairman Waltz said they were minor and preferred that any comment would wait until the developer could present the plan. Commissioner Lidbury asked if there was a date when the review would be done? CDA Chairman Waltz said this would be discussed later in the meeting. Ald. Schroeder inquired about the letter mentioned in the last minutes, the developer coming back with a contractual agreement, was this between the developer and Mr. Dyer? CDA Chairman Waltz stated that it was. This was also a requested item in the letter sent to the developers. They have advised that the agreement is well underway in the sense that the lawyers are working on the documents. There are some numbers that will need to go into the agreements, which won’t be available until the project gets further along. NEW BUSINESS Resolution #CDA 001-2004: Approval for Expenditure of funds for an Appraisal for the Former Parkland Mall Site located in the NW ¼ of Section 10 (Tax Key No. 2198.984) CDA Secretary Gail Miles read Resolution #CDA 001-2004 in its entirety. Ald. Salentine moved to approve the resolution. Commissioner Dave Lidbury seconded. Ald. Schroeder asked what type of costs did they expect for the appraisal? Interim Plan Director Muenkel indicated around $5,000. Upon a roll call vote, the motion carried unanimously. PUBLIC INPUT Attorney Fredrick asked if the city had any idea who they would be hiring for the appraisal? Interim Plan Director Muenkel stated they would be consulting with Attorney Baxter, the CDA’s attorney, to make the decision. NEXT MEETING: The next meeting is scheduled for Thursday, May 20, at 7:00 p.m. Interim Plan Director Muenkel said the CDA should be seeing the letters from staff and the outside consultants regarding the proposals prior to the meeting as well as any updates. Ald.Schroeder asked what the timeline would be on the appraisal? Mayor Slocomb commented it depends on the availability of qualified appraisals for this type of specialty work and the time frame that the appraiser has available. There is no answer to the question at this time. Interim Plan Director Muenkel thought the appraisal might be available by the next meeting. CDA Chairman Waltz did not think the meeting had to wait on the receipt of the appraisal. The commissioners could review with the developers the proposal that they have received. ADJOURNMENT: CDA Minutes April 29, 2004 - page 3 There being no further business, Commissioner Link moved for adjournment, seconded by Commissioner Glazier. Upon a voice vote, the motion carried. Meeting adjourned at 7:57p.m. Stella Dunahee, CPS Recording Secretary