Resolution 4269 - Intent to Create Urban Renewal Downtown Project334
RESOLUTION NO. 4269
RESOLUTION CALLING A PUBLIC HEARING ON A
PROPOSED MODIFICATION OF THE KALISPELL,
MONTANA URBAN RENEWAL PLAN TO APPROVE
CERTAIN PROJECTS AS URBAN RENEWAL PROJECTS
BE IT RESOLVED by the City Council (the Council) of the City of Kalispell,
Montana (the City), as follows:
Section 1. A public hearing is hereby called and shall be held on July 1, 1996 at
7:00 p.m. in the Council chambers on the proposed modification of the Kalispell,
Montana Urban Renewal Plan. It is anticipated that the City will issue its Tax
Increment Urban Renewal Bonds in an amount sufficient to fund each of the above
described Projects, but not to exceed $12,500,000 (the Bonds). The Bonds will be
payable from the tax increment collected within the Urban Renewal District. The
proposed modification is the approval of the following projects as Urban Renewal
Projects:
a. Kalispell Center Mall. This project consists of the acquisition of real
property, the clearance of improvements thereon, construction of certain
public utilities and related relocation activities, all to make such property
available for expansion of the Kalispell Center Mall. The project is estimated
to cost $2,624,693, which will be financed from the proceeds of the Series 1996
Bonds.
b. KDC Si (Kalispell Downtown enter Develol2ment. This project
consists of the acquisition of certain real property, and related demolition and
site work including public improvements to make the property available for
private development for uses consistent with the Plan. The project is
estimated to cost $4,000,000, which will be financed from the proceeds of the
Series 1996 Bonds.
C. Central SchoQl Prgiect. This project consists of the renovation and
rehabilitation of the old Central School building. The building could be used
for multi -purpose community and educational facilities, along with offices
and museum space. The total cost of this project is estimated to be $2,500,000,
which will be financed from the proceeds of the Series 1996 Bonds.
d. Improvements to Buildin - Scho 1 Distri #5. This project consists
of improvements for School District #5 facilities at Elrod, Linderman and
Flathead High School. These projects would benefit the entire community
through improvements to the gym and auditorium at Flathead High School,
upgrading playground equipment to ADA standards, and sidewalk
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replacement. The project is estimated to cost $670,000, which will be financed
from the proceeds of the Series 1996 Bonds.
e. Affordable Housing: Elimination of Blight. This project is a Private
Multi -Family Housing Density Development Incentive Program designed to
enable the City to: (1) offer incentives to both existing property owners and
private developers desiring to purchase substandard dwellings occupying
large lots with the Urban Renewal Project Area and replace the substandard
single family units with higher density affordable multi -family housing; (2)
purchase substandard dwellings when they become available and vacant,
particularly if the site would accommodate multiple dwelling units, clear the
property and resell it to developers willing to build multi -family housing;
and (3) to provide the necessary incentives to encourage high density
affordable housing redevelopment of sites that may become developable
and/or affordable because of fire or other circumstances. The cast of this
project is estimated to be $300,000, which will be financed from proceeds of
the Series 1996 Bonds.
f. Downtown Parking. This project consists of acquiring land and/or
construction of a parking structure on nearby sites (acquisition of the easterly
1 /2 of Block 37) to provide additional off-street parking to encourage the
highest and best use with greater densities on the Kalispell Development
Center site and reuse of Central School in order to encourage the highest and
best use in terms of density and tax yield of both Central School and the
Kalispell Development Center site. The estimated cost of the project is
$800,000, which will be financed from proceeds of the Series 1996 Bonds.
g. 3rd Street East/Conrad Mansion to Hockaday Cpnnection. This project
consists of improving the streets and sidewalks continuing the theme of
linking Downtown with Depot and Woodland Parks, parking lots, and
community cultural resources (i.e., Chamber, Library, City Hall, Hockaday,
Conrad Mansion and Central School). Improvements would include
replacing heaved sidewalks, providing benches, storm drainage, handicap
curb cuts at the comers, antique lights, and potential additional (angle) on -
street parking. The cost of the project is estimated to be $90,000, which will be
financed from proceeds of the Series 1996 Bonds.
h. City Hall Improvements. This project consists of the conversion of the
old motorcycle garage into a space large enough to accommodate regular sized
vehicles. The enlarged garage area will allow for multiple uses by the Police
Department. Other items in this project include repainting the exterior, and
constructing a connection between City Hall and the annex. The cost of the
project is estimated to be $100,000, which will be financed from proceeds of
the Series 1996 Bonds.
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i. West Railroad Street. This project consists of the construction of the
West Railroad street between 6th Ave W.N. and 8th Ave W.N. and
installation of water, storm drainage and sanitary sewer improvements
which will complete the extension of the street to 5th Ave W.N. and provide
access to an isolated industrial area prime for redevelopment. The cost of the
project is estimated to be $125,000, which will be financed from proceeds of
the series 1996 Bonds.
j. Market Place III Project. The project will consist of certain acquisition
and demolition activities at the site located between Center Street and the
railroad right-of-way/1st Ave East and 3rd Ave East. The purpose of this
project is to encourage existing or future property owners of portions of the
site to redevelop the area to its highest and best use. Estimated cost of the
project is $275,000, which will be financed from the proceeds of --fie Series 1996
Bonds.
Section 2. Notice of the public hearing shall be published in the Daily Inter
Lake on June 10, 1996 and June 17, 1996 in substantially the form attached as Exhibit
A hereto.
PASSED this s3'2dday of June, 1996.
Attest:
LL306L, 1�4W' /% C-
City Clerk of 1
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1111 f17MI0,101,1011-0
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EXHIBIT A
NOTICE OF PUBLIC HEARING ON MODIFICATION OF THE
KALISPELL, MONTANA URBAN RENEWAL PLAN (THE URBAN
RENEWAL PLAN) TO APPROVE CERTAIN PROJECTS AS URBAN
RENEWAL PROJECTS
NOTICE IS HEREBY GIVEN that the City Council (the Council) of the City of
Kalispell, Montana (the City) will hold a public hearing on the Modification of the
Kalispell, Montana Urban Renewal Plan (the Urban Renewal Plan) on July 1, 1996 at
.a.m/p.m., M.T., at the Council Chambers in the Kalispell City Hall, Kalispell,
Montana. It is proposed that the City will issue and sell its urban renewal tax
increment bonds (the Bonds) in an amount sufficient, but not to exceed $12,500,000,
to fund all or a portion of the projects as hereinafter described, if the modification of
the Urban Renewal Plan is approved.
The proposed modification is the approval of the following described
projects as Urban Renewal Projects:
a. Kalispell CThis project consists of the acquisition of real
property, the clearance of improvements thereon, construction of certain
public utilities and related relocation activities, all to make such property
available for expansion of the Kalispell Center Mall. The project is estimated
to cost $2,624,693, which will be financed from the proceeds of the Series 1996
Bonds.
b. KDC Site (Kalispell_ D-Qw-Wtown Center) Development. This project
consists of the acquisition of certain real property, and related demolition and
site work including public improvements to make the property available for
private development for uses consistent with the Plan. The project is
estimated to cost $4,000,000, which will be financed from the proceeds of the
Series 1996 Bonds.
C. Central School Project. This project consists of the renovation and
rehabilitation of the old Central School building. The building could be used
for multi -purpose community and educational facilities, along with offices
and museum space. The total cost of this project is estimated to be $2,500,000,
which will be financed from the proceeds of the Series 1996 Bonds.
d. Improvements to Buildings - School District #5. This project consists
of improvements for School District #5 facilities at Elrod, Linderman and
Flathead High School. These projects would benefit the entire community
through improvements to the gym and auditorium at Flathead High School,
upgrading playground equipment to ADA standards, and sidewalk
�..
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a.
338
replacement. The project is estimated to cost $670,000, which will be financed
from the proceeds of the Series 1996 Bonds.
e. Affordable Housing: Elimination of Blight. This project is a Private
Multi -Family Housing Density Development Incentive Program designed to
enable the City to: (1) offer incentives to both existing property owners and
private developers desiring to purchase substandard dwellings occupying
large lots with the Urban Renewal Project Area and replace the substandard
single family units with higher density affordable multi -family housing; (2)
purchase substandard dwellings when they become available and vacant,
particularly if the site would accommodate multiple dwelling units, clear the
property and resell it to developers willing to build multi -family housing;
and (3) to provide the necessary incentives to encourage high density
affordable housing redevelopment of sites that may become developable
and/or affordable because of fire or other circumstances. The cost of this
project is estimated to be $300,000, which will be financed from proceeds of
the Series 1996 Bonds.
f. Downtown Parking. This project consists of acquiring land and/or
construction of a parking structure on nearby sites (acquisition of the easterly
1/2 of Block 37) to provide additional off-street parking to encourage the
highest and best use with greater densities on the Kalispell Development
Center site and re -use of Central School in order to encourage the highest and
best use in terms of density and tax yield of both Central School and the
Kalispell Development Center site. The estimated cost of the project is
$800,000, which will be financed from proceeds of the Series 1996 Bonds.
g. 3rd Street East/Conrad Mansion to Hockaday Cpraection. This project
consists of improving the streets and sidewalks continuing the theme of
linking Downtown with Depot and Woodland Parks, parking lots, and
community cultural resources (i.e., Chamber, Library, City Hall, Hockaday,
Conrad Mansion and Central School). Improvements would include
replacing heaved sidewalks, providing benches, storm drainage, handicap
curb cuts at the corners, antique lights, and potential additional (angle) on -
street parking. The cost of the project is estimated to be $90,000, which will be
financed from proceeds of the Series 1996 Bonds.
h. City Hall Improvements. This project consists of the conversion of the
old motorcycle garage into a space large enough to accommodate regular sized
vehicles. The enlarged garage area will allow for multiple uses by the Police
Department. Other items in this project include repainting the exterior, and
constructing a connection between City Hall and the annex. The cost of the
project is estimated to be $100,000, which will be financed from proceeds of
the Series 1996 Bonds.
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i. West Railroad Street. This project consists of the construction of the
West Railroad street between 6th Ave W.N. and 8th Ave W.N. and
installation of water, storm drainage and sanitary sewer improvements
which will complete the extension of the street to 5th Ave W.N. and provide
access to an isolated industrial area prime for redevelopment. The cost of the
project is estimated to be $125,000, which will be financed from proceeds of
the series 1996 Bonds.
j. Market Place III Project. The project will consist of certain acquisition
and demolition activities at the site located between Center Street and the
railroad right-of-way/1st Ave East and 3rd Ave East. The purpose of this
project is to encourage existing or future property owners of portions of the
site to redevelop the area to its highest and best use. Estimated cost of the
project is $275,000, which will be financed from the proceeds of.the Series 1996
Bonds.
Any interested persons may appear and will be heard or may file
written comments with the City Clerk prior to such hearing.
Dated:
Publication Dates: 1996
.1996
iYh
1996.
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Mayor
City Clerk of Council
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