Staff ReportsCITY OF
FINANCE DEPARTMENT • REPORI
CASH RECONCILEMENT AT THE CLOSE OF BUSINESS DATE: 5131194
CASH ON HAND & DEMAND DEPOSITS:
NORWEST C ON H.
NORWEST CHECKING
VALLEY CHECKING
NORWEST CITY HEALTH FUND
CITY HEALTH FUND STIP
STIP PROGRAM
NORWEST SWIMMING ACCT
$13,271.72
37,865.23
501.90
380.51
326,324.95
7,986,172.03
4,176.57
SUB -TOTAL DEMAND DEPOSITS:
$8,368,692.91
INVESTMENTS: CERTIFICATES:
V ALIC
$198,107.74
GLACIER BANK:
INT. SUBS.
13,078.01
(UDAG)
43,09954
LOAN GRANT
3,670.02
OTHER INVESTMENTS:
SEWER: 1987 S & C BONDS
$7,275.00
SEWER: 1988 S & C BONDS
16,411.33
SEWER: 1989 S & C BONDS
8,000.00
SEWER: 1990 S & C BONDS
9,100.00
MERIDIAN 1990 S & C
4,622.68
SEWER: 1991 S & C BONDS
2,812.84
TOTAL INVESTMENTS:
PETTY CASH
TOTAL TO BE ACCOUNTED FOR:
Respectfully Submitted
laudia M. Bailey
Assistant Finance Director
SEWER: 1992 S & C BONDS 9,000.00
SEWER: 1993 S & C BONDS 5,11258
$320,289.74
750.00
$8,689,732.65
I e clly 0iKalis�ell
Incorporated 1892
Planning, Economic &
Community Development Department
P.O. Box 1997
Kalispell, MT 59903-1997
Inter -Office Memorandum
DATE: June 30, 1994
Bruce Williams, City Manager
Larry Gallagher, Director
Planning, Economic & Community Development Department
248 Third Avenue East
(406) 752- 7491
(406) 755-8017 (office fax)
(406) 752-6639 (City Hall fax)
SUMMARY OF DEPARTMENT ACTIVITIES
The Planning, Economic and Community Development Department is pleased to submit this brief
update on project and Department activities for June 1994.
Housing
Affordable Housing
* The Courtyard Apartments
Excavation for the three buildings took place the week of June 20th and to date two inspections
have been conducted by the Building Department in preparation for footing pours.
The plans review fee as well as the sewer and water hookup fees have been paid by Swank
Enterprise under protest, and they are requesting a meeting to have these fees waived. They
claim they did not include fees for plans review or sewer and water hookups in his bid price
because the City "normally waived permit fees for city -owned or in some cases, private -owned
(Fernwell Apartments) projects that enhance the City's low income housing supply or are
owned by the City." An appropriate response has been constructed and sent to them through
our liaison, Architects Design Group. Additionally, the other two bidders have put in writing
that they included all permit fees in their bids. If held to the fees, Swank is stating at this time
they will take the issue to court.
A further claim regarding a misquote of sewer and water taps will be addressed next week
upon the Building Official's return.
liii't3 R
tU:1CL Y.i1Ll�i:ili
O=PORTUNITY
June 30, 1994
Activity Report
Page 2
Montana Board of Housing is processing the permanent financing of the 6%, thirty year
mortgage now that they have the commitment from Glacier Bank for the interim construction
financing. The City Attorney has been asked to prepare a resolution for Council's approval
authorizing the City to enter into the construction loan with Glacier Bank.
Construction insurance coverage has been ordered through the City.s carrier. The premium
will be billed at an annual rate and the difference rebated upon completion.
* The Fernwell Apartments
Mr. White and Tom Tornow, his attorney, have been placed in contact by Staff, with two non -
for -profit tax credit syndicaters. One is Rural Housing Services, a division of the Housing
Assistance Council in Washington, D. C. and the other is Enterprise Social Investment
Corporation in Baltimore, Maryland. Both not -for -profit syndicaters are taking a serious look
at participating on this project.
Staff contacted Montana Board of Housing to see if it was possible to get an extension of the
August 8th deadline for the sale of the tax credits. MBH was receptive since this project has
the building plans completed, pulled the appropriate building permits, and has an $180,000
grant awarded from the Federal Home Loan Bank of Seattle. MBH will continue to work with
the Whites while the sale of the tax credits is being completed.
* Flathead Industries for the Handicapped
The 16 unit project for physically disabled individuals has already received a $100,000 grant
award from the Federal Home Loan Bank of Seattle. City and FIFTH staff is pursuing the
construction of the 16 units on a Phase 2 and Phase 3 basis. We have previously found two
lots with willing sellers on which we had anticipated constructing the group home (Phase I).
Six to seven apartment units could be constructed on those two lots in the near future, and the
City and FIFTH could continue seeking affordable land for the construction of the remaining
units. In addition to the Federal Home Loan Bank grant, we are anticipating funding sources
for Phase 2 through a Tax Credit set aside for not -for -profits as well as any additionally needed
financing through a 1% loan with Farmers Home Administration FmHA and Phase 3 through a
HOME Grant application.
Planning
Site Review Committee (SRC)
* Westwind apts. (34 unit low income project off 2 Mile @ Cooper Lane), TCI expansion,
Sloan's apt., Second Wind Wellness Center preliminary site plan, Bankwest expansion and
new parking lot, Meridian Plaza Office Complex, annexation of Keller property on Four Mile
Drive west of The Greenery, Montana Automobile Finance office north of Nickel Cars.
June 30, 1994
Activity Report
Page 3
Flathead High School Parking
* Bid of $200,000 ($32/sq.ft.) was awarded for the replacement of the maintenance warehouse.
The Hall house is out for bid to remove from foundation with bids due July 5th. Bruce Lutz is
working on the construction documents and design of the new parking lot layout. Relocation
of the tennis courts is still under discussion.
Redevelopment
Central School
* Draft report has been submitted by Ken Williams. Comments, suggestions, additional
information is being solicited from School District, staff, selection committee, Museum Board,
and City Council. The comments will be incorporated into the Final Report. Goal is to have
comments in by July 15.
Commercial Rehab Loans/Architectural Review Committee
* A. Montana Bldg./Bennett (TIE/CL#124)2nd St. & lst Ave. East
Request for a $29,000 loan to repaint the exterior parapet facia, replace the awning fabric and
install new boiler heating equipment. Total project costs are estimated at $31,000. Mr.
Bennett explained the project and presented the cost estimates. The committee approved the
loan request.
B. Flathead Industries (TIF/CL#125.) 51 5th Avenue West.
Request for a loan to remodel and repair the house on the lot. The property was recently
acquired for their semi-independent living program and the house needs about $14,800 of
improvements to meet the program criteria. Mike Kelley explained the program and the
administrative needs of increasing jobs to oversee the program. At least one new job will be
created for staff plus the ability to serve more clients. Mike said even the bank looks at the
project as part of the administration program and would not make a residential mortgage loan,
but treats it as a commercial loan. Because the loan request is creating jobs and not just fixing
up a rental unit, the committee granted the loan request.
* C. Design Review per the Zoning Ordinance
TCI Cable expansion - Mike Mason presented plans for the expansion and the replacement of
the old 80' wooden tower with a newer, metal frame tower that will be less massive. If
additional screening is needed for the ground mounted satellite dishes, Mike promised to do so.
He wanted the project to look good and wanted to be sure everyone was pleased, especially
being across the street from City Hall. The committee approved the expansion design and the
replacement of the tower as a recommendation to City Council as part of the Conditional Use
Permit.
June 30, 1994
Activity Report
Page 4
KDC RedeveloDment Si
* Over the past 30 days staff met several times with the redeveloper considering a multi -story
building for the site. The focus of recent meetings has been on methods of assuring adequate
parking. Staff met with several property owners in the area to discuss availability of land and
participation in a mini-SID. According to the redeveloper they should be ready to announce
preliminary plans before the end of July 1994. The staff also delivered marketing information
to two realtors and three individuals expressing interest in the site.
* The Fairground purchase meetings and negotiations with developers interested in either the
Fairgrounds or Equity Supply's real estate have required a great deal of staff time. Both
projects should either take shape this month or alternative solutions developed. The Equity
project must be decided before fall this year.
Miscellaneous
Historic Plannine and Survev Grant
* National Register signs will be available in the fall, once the nominations have been formally
approved by the Keeper of the Register in Washington, D.C. Property owners will be able to
purchase signs for their property if they are individually listed on the register or in a district
with a property that contributes to the historical significance of the district. The signs are
available for $25. The actual cost of the sign is $500, but 1% of the bed tax is allocated to the
sign program to make them affordable and is part of the tourism promotion of Travel Montana
in recognizing that Heritage Tourism is a strong market in economic development. Signs have
been ordered for the four districts and the publicly owned buildings.
Fair rounds Relocation
* See comments above.
Parking Commission
* The Montana Tour & Travel lot (a leased lot/30 spaces) has been sold to Glacier Insurance for
their parking. The lot will continue to provide parking in the downtown area, but no longer
will be in parking commission inventory nor producing revenues of approximately $2,000 per
year.
Minutes on File in PECDD Office
KDC Executive Board Mtg.- 6/14/94
KDC Luncheon Mtg.-6/14/94
Architectural Review Committee - 6/9/94