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6. Resolution 5507 - URA Recommendation for West Side TIF Distribution----- ---- ---- - ---- ---- --- -- -- - - - -- - ---- - - LE . . . ... . ...... ........... ... ... ------ Q. s. FOR BUS INES S. FOR LIF E. 01VTA A .. MEMORANDUM TO: Mayor Tammi Fisher And Kalispell City Council FROM: Jane Howington, City Manager Wade Elder, Revolving Loan Fund Manager Cityf o Kalispell Urban Renewal Agency 2�1 1 st Avenue East Kalispell, MT 59901 Phone: 406.758.7738 Fax: 406.758.7758 SUBJECT: Kalispell Public Schools Request for west Side TIF Distribution. MEETING BATE: July 5, 2011 - Regular Council Meeting. BAC`.KGROUND: The west Side TIF was established on 03/ 17/97 through the passage of Resolution 4309 and Ordinance 1259. It established the base year for calculating the tax increment as 01 /01 /97. The TIF is set to sunset on 03/ 17/ 12. The amount of funds in the west Side TIF account as of 06/29/11 was $2,235,257.24 and the projected ending balance (06/30/12) in the proposed FY 2012 is $2,553,754. The projected revenues from the proposed FY 2012 budget are $409,168. The City of Kalispell received a letter from the Kalispell Public Schools dated March 28, 2011 in which they requested an early distribution from the West Side TIF District. There were several discussions with the School District and City staff on this. In these meetings it was discussed what needs the School District has. The major needs identified are for repairs to the Flathead High School's (FHS) half Boor areas. This is an item, as indicated by the City's Fire Chief, as the most crucial and an item the Fire Department has been working with the School District to get corrected. The improvements to the FHS half floor area are estimated to be $151,487-00. The URA met on June 22, 2011 to consider the School District's request. At the meeting we heard from Darlene Schottle, Superintendent of Schools, Tom Heinecke, Engineer for the School District and Todd Watkins, Operations Director for the School District of the need for the early distribution from the west Side TIF District. Discussion centered on the funds to be used by the School District for the items identified in the "Life Safety/Quality Facility Needs" list for the FHS half floor. There was discussion that the distribution request from the School District is only a part of the distribution and there must be a distribution to not only to the School District but also to all entities (as identified in the attached "West Side TIF Distribution" list). The URA Committee approved a motion in a 3 I 1 vote to recommend City Council approval of an early distribution from the west Side TIF District of $152,000.00 for the Kalispell School District's portion with the City staff being charged to work the numbers back to determine how big of a distribution would be necessary, however a total distribution was not to exceed $1,000,000.00. An e-mail was sent to all URA Committee members and the School District on June 27, 2011 in which the "West Side TIF Distribution" of $465,000.00 (rounded up to the nearest $5,000) was included showing the School District receiving $153,399.93. RECOMMENDATION: A motion for an early distribution of $465,000.00 from.. the West Side TIF District to all the entities that are identified in the attached "West Side TIC' Distribution" list would be in order. FISCAL IMPACTS: A reduction of the Nest Side TIF District fund of $465,000.00. 2 INCREMENTA RESOLUTION TO AUTHORIZE A CASH DISTRIBUTION FROM THE WEST SIDE TAX 1' DISTRICT BODIES. WHEREAS, on the 17t' day of March, 1997 the City of Kalispell established the West Side Tax Increment Financing (TIF) District with Ordinance No. 1259 and Resolution No. 4309 pursuant to the authority granted the City under MCA Title 7, Chapter 15, fart 42; and WHEREAS,, the city received a request from the Kalispell Public Schools, one of the contributing taxing bodies, for a distribution from the West Side TIF account in the sure of approximately $150,000 to address the human safety needs of the Flathead Nigh School identified and required by the Kalispell City Fire Department; and WHEREAS, pursuant to MCA. 7-15-429.1 the city may agree to remit to other contributing taxing bodies such portions of the tax increment accrued that are not currently required for the payment of obligations to which the city has previously committed or pledged to the payment of the principal of premiums, if any, or interest on any outstanding bonds; and WHEREAS, the Urban Renewal .Agency met on June 22, 2011 and fully considered the request of the Kalispell School District and determined to recommend to the City Council that it approve the distribution request by making a total distribution of $465,000 to the contributing taxing bodies; and WHEREAS, the balance of the West Side TIC' fund on June 29, 201.1. is $2,235,257.27 from which there are sufficient unencumbered funds to make a total distribution of $465,000 to the contributing taxing bodies from which the request of the Kalispell School District will be met in the sure of $ .53,399.93. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF KALISPELL AS FOLLOWS: SECTION I. The City Manager is authorized to instruct the Finance Director to immediately remit the sun of $465,000 from the Nest Side TIF fund to the Flathead County Treasurer for the purpose of making the appropriate pro rata distribution to the contributing taxing bodies of which the Kalispell School District should receive $1.53,399.93. PASSED AND APPROVED BY THE CITY COUNCIL AND SIGNED BY THE MAYOR OF THE CITY OF KALIS TELL, THIS 5 TH DAY OF JULY, 2011. . Tammi Fisher Mayor Theresa White City Clerk Urban Renewal Agency 2011si Avenue East Kalispell, MT 58981 Phony: 406.758.773$ Fax: 406.758.7758 MEMORANDUM TO* Urban. Renewal Agency FROM* 'wade Elder, Revolving Loan Fund manager SUBJECT: Kalispell Public Schools Request for 'west Side TIF Distribution of Funds. MEETING DATE: June 221, 2011 Urban Renewal Agency Meeting. BACKGROUND: The ,Kalispell Public Schools are requesting a distribution from. the West Side TIF District, They are locking to use the funds for maintenance and upkeep on their facilities they have described in. their attachment entitled "Life Safety/Quality Facility Needs — FH , Linderman, Vo-Ag Linderman Alternative Education Center". This is an item, that has been discussed in general. for some time and was also discussed at - the June 8, 2011 Urban. Renewal Agency (IRA) meeting. The west Side TIF was established on. 03/17/97 through. the passage of Resolution 4309 and Ordinance 1259. It established the base year for calculating the tax increment as 01 /01 /9 7. The TIF is set to sunset on 03 / 17/ 12. The amount of funds in the west Side TIF account as of 06116/ I 1 was $2.110,278.41 and the projected ending balance (06/30/12) in the proposed FY 2012 is 2,553,754. The projected revenues from the proposed FY 2012 budget are $409,16 . If there was an early distribution from the TIF the funds would go back to the entities that were originally intended and the proportionate amounts. Attached is a breakdown. of hater the funds would be distributed for $1001000,00� 1,500,000 2,000,000 for the West Side TIF. It is self explanatory but the City and County would also receive their proportionate funding share as well as the School District if funding is approved. RECOMMENDATION: A motion to recommend to the City Council to either 1.) Not distribute any dollars or 2.) To distribute any or all funds available to the Kalispell Public Schools and the other entities that would normally receive these funds from the TIF. FISCAL IMPACTS. If approved by the URA and the City Council a reduction. of the west Side TIF District fund in the amount indicated by the approving bodies. ALTERNATIVES* The committee could decide to let the TIF sunset in March 2012 and the funds would be distributed at that time. Respec Y submitted,, Wade Elder, Revolving Loan Fund Manager WESTIDE TIF distribution Samples 201.0 Reals ........ .. ............. ............... 1,000,00.00 $ L5001000100 $ 2100�1000.0 0 'Consolidated 0.070460 I.OA2% 104206.11 156, 309.16 S 208t412,2.11 .Co. Health ..... Of)05000 0 e 7 4 $ 7.394-70 1 $ 5 1 1,092.W $ 4.78 . 0 .Gen Schools 0.102360 1:5.14% $ 1. 5.1, 3 8 4.2), 9 $ 227.076A3 $ 302.76&58 Noxious weed..., OM2400 035% 34549-46 . ............. .. .. ... 5.324.18: -S 7,098-91 911 G. 0. Bond 0,002100 0.31%. $ 31105-77 S 4 65&66 $ 6.211.55 FlatheaiY-Iij.11'." 0.084200 121-45%. $ 1.2 1 526,74 $ 186.7W 11 $ 22 4 9. 0 5 -3. 4 8 Sheriff O�036000 5-3.,% s _5 3 241 � 84 ... ... ... ..... . $ 1� 70,862-75 $ 106,483.67 I Mosquito MR) 1000 0,15% 1,47&94 $ 212184 1. $ 1957-88 'Board of Health. OM5810 0,86% $ &59164 $ 0111,11 1� 12�888.96 1.7,185.28 univ 0.006000 exem2t, $ - $ Univ 0.040000 ....... ..... )% 5 9C $ 59-157-60 88, 736-39 $ .. ... . . .... I 18,315 19 iFVCC 0 .015140 2.24% . . ..... .......... ?2 '91 .1.5 $ 33,586.7= 44,782,30 FVCC Med, Le 0.000820 ----------- 0,12% $ 1. �21-233 $ L� 8.19.+ 10 S 2,412.5.46 Kal clem 7") 0.138860 - ----- - 20-54% $ 11-9 141-05.3 65 $ -3`081048,`39 15 ; 9ts $ 4 1 U-3 1, 19 Soil & Water 0,001670,zi ......... . .... . .. .... U5% $ 2,46983 $ 3704.74 4,92319.66 Cj!j health 0.01.4640 2.17% $ 21,651.68 $ 32,477.52 ft" $ 43� 303-36 Cl*tv:, Q 155700 23-03% $ 2301270-94 $ 345406.41 $ 460,541-88 Mill levies . ..... . 0-682160 1 WOM * 10 00 1 0 00. LO ��,5�5O 11�O00. �19) �$ �2, �O00 less exempt -0,006000 0,676160 Kali#spell Publi*c Schools 3 1,st ..ire. East w Kalispell, Montana 59901 Y Phone., (406)751 - 3 400 Fax (406)7, 1-3416 SUPERINTE, DENTT ASST. SUPERINTENDENT HUMAN RESOUJ CES FEDERAL PROJECTS Darlene Schottle Dan Zorn Klmn Glawr Chris Bil nt Phone (406)761.3434 Phone (40M761.434F24 Phone (400754-34-441 Phone (406)761-3408 March 28, 2011 .bane Howington, City Manager City of Kalispell 201 First Avenue Fast Kalispell, lv'I•T 59901. Dear,ane: As I am sure you are aware, on March 22 the Kalispell Public Schools levy for a High School Building Reserve failed to pass. As a result of that failed levy I would like to discuss the possibility of the school district. portion of the Westside Tax increment Fund District, scheduled to sunset on March 11, 2012; being disbursed on an earlier date. School District # S finds ourselves in a situation where we are unable to provide the maintenance and upkeep necessary at some of our sites due to lack of fiscal resources. in particular, we have a concern that the recent site reviews completed by the Fire Chief Dan Diehl pointed out some significant safety factors that are of concern to us at Flathead High School. It is also true that the certain areas of FHS exterior does not enhance the appearance of the neighborhood. When Todd watkins.and .I met :with �o.u,on. �a rch.�.�th you indicated that there were unexpended funds in 'the-TIF -district and that, of least currently, there is not a viable request for use of these funds. I believe that the City Council must act in order to release TIF funds, and I am seeking direction on the best way to proceed so we might request an early release in order to utilize some of these funds for building maintenance, safety and basic structural improvements. Made Elder contacted us fast week to ask us what type of projects we might com plete, if ire did have access to TlF funds. Therefore, I am wondering if we need to create a list of iterns that we feel would best be addressed with these funds, or if there is some other process that should be undertaken, I am certainly willing. to put our request in writing and/or speak before the City Council on our behalf. I appreciate your consideration and direction in this .natter. Darlene Schottle Superintendent of Schools a ci 6 cs S 8 88 ci 8 1 " 00 LO)e e 4. m 0 0 0 0 N w N 0 0 N t-4 tD ka to 0 0 00 cn Lm em al 'T r4 tD An C; CD 0 CD 0 0 0 0 � ca r-- 00 0 0 0 C� ko 00 to 9 w a C) 0 4= 0 a co C� ul 00 Lrf 0 m Kn LO m �n Q0 P- t-- -t� vl� tD Ln N Tr LLJ ct 7-0 w E 00 01. p. p It iu CL Uj M Lu E C4 -0 w uj a 0 V� Oj cy Ln 4- 4- " m m CL W w W srwx aw..m swan .yea.cn a 0 0 0 ra a w c X-- = a = 4: LL W u Q u UJ V) � vi vq W V) Z-- w W. on CL w Q- U,, U. 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