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Staff ReportsIA Ll IT N W 011K�H October -December 1996 Activity ReportPlanning, Economic & Community Development Department City of Kalispell Ordinance Adopted ProjectsTIF On November 4, 1996, the City Council adopted Ordinance No. 1248 to fund the Urban Renewal projects from annual tax increment cash flow and short term borrowing. The projects included are: Kalispell Center Mall - A $2.625 million project to assemble and clear land, relocate utilities, and to pay for the relocation of Flathead Industries to accommodate the expansion of the Kalispell Center Mall. K DC Site Development - The goal is to continue to provide incentives to encourage the highest and best use of Block 36 and other property the City acquired from Flathead Valley Community College. Central School Project - A $2.5 million project to renovate and rehabilitate the old Central School building as a museum with meeting rooms. Affordable Housing -A $300,000 project to encourage the elimination of blight and to enable the City to provide incentives to existing property owners and private developers desiring to purchase substandard dwellings occupying large lots and to replace them with higher density affordable multi -family housing. Downtown Parking - An $800,000 project to acquire land for the construction of parking lots or a parking facility to help provide incentives to mitigate the parking demand and stimulate redevelopment of the KDC Site. Redevelopment Incentive Project- A $275,000 project to enable the City to provide assistance to the owners of commercial properties in the district to encourage the redevelopment of underutilized or obsolete properties, increasing taxable value and creating jobs. Samaritan House The Board of Directors have decided to take a three phased approach to the expansion of Samaritan House. The current plans contemplate this 1997-1999 construction project will create a new shelter, transitional living units on the second floor of a new administration office building, remodel the existing apartments, and acquire adjacent property for future income rental revenue to help offset the shelter's operating costs. The Samaritan House Board of Directors will request that the City of Kalispell apply for a Public Facilities CDBG grant in May 1997 and also a HOME grant later in the Fall of 1997. The City's participation will be essential to accomplish their long range goal. The request for assistance is expected sometime in January 1997. In the meantime, the Samaritan House Board will continue their fund raising activities to finance the costs of the administration building which is not eligible for grant funding. estside Living Units Tony Hernandez, Assistant Secretary of Housing and Urban Development, Denver Region, and numerous state and private sector officials attended the Flathead Industries grand opening of their 7-unit apartment complex on October 17, 1996. The grand opening was particularly interesting in that the units were already occupied by the developmentally disabled clients of Flathead Industries and participants were able to actually visit with the individuals being assisted. The project was created through a unique partnership between the City of Kalispell, Flathead County, the non- profit, and the private sector. The project consists of a 9 bedroom group home, a 7 unit apartment building, and currently 2 of the 3 planned duplexes which house individuals who are either physically or mentally disadvantaged clients of Flathead Industries or residents within Flathead Valley. Funding for the project was provided by the following sources: • $100,000 Federal Home Loan Bank of Seattle Grant • $200,000 Tax Increment Financing (City) • $334,000 Flathead Industries cash and donations • $213,200 Permanent Financing • $338,234 HOME Grant (to Flathead County) 2 UPDATES! The total project amounted to $1,185,434 and involved both public and private funding sources as well as contributed to the economic health of our community. Northwest Montana Historical Society - C- or The Northwest Montana Historical Society continues to meet monthly to pursue their goal of establishing a museum in the Central School building once it is renovated. Staff has met with members of the Executive Board on several occasions to discuss various approaches for developing a process for a lease agreement with the City and also to develop a plan for the project and a time schedule. Historic Preservation The Montana State Historic Preservation Office (SHPO) has prepared a draft document for a statewide coordinated Historic Preservation Plan. The Plan helps define SHPO's role and responsibilities in working with local government in preserving historic and cultural resources. The Plan also defines the process and context in which decisions are made in complying with federal grant requirements. A public hearing was held in Polson on December 17, 1996. vim Project The PECDD Director met with the Flathead Industries Board of Directors and its staff to discuss Flathead Industries acquisition objectives and actual relocation needs. Because Flathead Industries owns 36,000 square feet of the 126,000 ± square feet needed to be acquired for the Kalispell Center Mall project, and has specific needs for a replacement building in the immediate neighborhood, it is essential to reach preliminary agreement with the Flathead Industries Board before proceeding with appraisals and negotiations for the balance of real estate to be acquired. Currently, staff is exploring all options to meet Flathead Industries, City of Kalispell, and Kalispell Center Mall Limited Partnership (KCLP) objectives before proceeding with acquisition of other property. Title reports for all parcels to be acquired have been completed to determine ownership and encumbrance and it is anticipated that there will be a Request for Proposals (RFP) to complete real estate appraisals of all real estate to be acquired during January/February 1997. If all goes as planned, negotiations and acquisition could began in February 1997, KCLP is ready to proceed, pending the City's ability to assemble and clear the 126,000 square feet of land required to satisfy the parking demands of the mall's anchor tenants. The City's November 4, 1996, approval of the project and appropriation of approximately Oct -Dec, 1996 $2.625 million of Tax Increment Funds (TIF) was the first step in the process. The planned expansion is estimated to add $6.2 million in new private construction and an additional $1.6 million of private investment in taxable personal property. Construction could begin during the 1997 construction season. 1 "141:41*11174-111 Ordinance No. 1248 (see lead article on page 1) included incentives to encourage the redevelopment of the 49,000/SF former FVCC site on Block 36 and the remaining 14,081 /SF -+- in Block 45 adjacent to the Liberty Theater, The City Council elected not to exercise its power of eminent domain to assemble the balance of Block 36 thereby eliminating the possibility of entertaining proposals for a large scale retail or mixed -use redevelopment project. The City staff is currently developing new offering strategies and alternatives for consideration and approval by the City Council. In doing so, staff is communicating with qualified developers who continue to express interest in purchasing the property, or portions of it, for redevelopment. How to satisfy parking requirements without a public parking program, which includes financial participation of all downtown property owners, remains a problem to be resolved by the private developer of the KDC site. However, the Downtown Parking Project financial incentives approved by the City Council should aid in developing solutions. 3 UPDATES! A new Solicitation of Offers to Purchase the KDC site will be ready for City Council consideration and approval in January 1997. Market Place III The major retailer interested in leasing a new 24,500 sq ft building to be constructed in the final phase of the Market Place III Project remains on hold until relocation of existing tenants by the property owner can be accomplished. David Thornquist, acting as an agent of Woods and Water Realty and representing Bill Martin, the owner of the property, stated that he is still working on the project and expects to implement it when the construction season starts in the spring of 1997. The City Council approved a proposal for up to $270,000 of tax increment funding to offset the value of existing improvements and to help defray demolition and site development costs. This Market Place III Project will complete the comprehensive redevelopment of the entire Market Place Project area (Main Street to 3rd Ave East, Montana Street to Center Street) as envisioned in 1991 with the redevelopment of Tidyman's and Pizza Hut. To date, the City's investment of tax increment and other incentives has stimulated $5.4 million of private investment in the Market Place Project. This final Phase III project will add another $1.58 million to that total. On December 2, 1996, the Kalispell City Council approved first passage of an ordinance to annex the South Woodland/Greenacres area. The ordinance established the effective date of the annexation to be delayed until July 1, 1997, to allow property owners to be exempt from paying City taxes until 1998. Subsequent to this action it was discovered that the legal notice was flawed and, thus, the ordinance failed on second passage. If the City elects to again proceed with annexation of the area, it must essentially begin the legal notification(s) and public hearing process anew. The City Council stated that it would like to resolve several questions it raised prior to starting the process over. The South Woodland/Greenacres area considered for annexation lies in the southeast area of Kalispell, and consists of approximately 308 acres. Approximately 70% of this area is residential, while the remaining 30% is made up of commercial and industrial properties. This area is bounded on the east by Willow Glen Drive, but includes a 30 acre parcel east of Willow Glen which is planned for residential development. Meadow Park Unit No. 2 and properties adjoining to the west generally form the southern boundary, Highway 93 South to Kelly Road, then those properties east of the City limits and Fifth Avenue East form the westerly boundary. Fourteenth Street and South Woodland form the Northern boundary. Oct -Dec, 1996 The November 19, 1996, deadline for offers to purchase and redevelop Haven Field passed with only one proposal being submitted which did not meet the minimum requirements for Offers to Purchase. After discussion of several alternatives, the City Council elected to readvertise the site for sale at the same price, a minimum of $800,000 in anticipation there will be an acceptable offer submitted. The new deadline for proposals to purchase and redevelop the site is 1 1:00 am December 30, 1996. A copy of the offering document and the revised notice with minimum requirements is available at the PECDD office. The sale of Haven Field and the ability to'determine the level of tax increment available from the redevelopment of the 4.1 acre site is an essential prerequisite to enable the City to move forward with decisions to relocate the ballfields to the State School Section Land at Hwy 93 North and 4-Mile/Grandview Drive. Because the City did not receive an acceptable proposal, the project schedule will be extended by at least two months. However, the revised schedule will still allow the construction of the new sports complex to start in the late spring of 1997 when proceeds of the Haven Field sale and tax increment will be pledged to cover the ballfield relocation costs. 4 UPDATES! Central School Plaza Projects Work is completed with some minor repair items to be completed when weather permits. The relocation of the school bus unloading area to 2nd Ave East has reduced traffic congestion on 3rd Ave East. Woodland Overlook & Trail Work is almost completed, with the antique lights and benches to be installed in the spring. The new ADA accessible trail provides a very easy climb up the hillside with meandering switchbacks and benches at the turns. Thinning of old shrubbery and planting of new trees and bushes has really enhanced the openness and attractiveness of the hillside. Kalispell residents and visitors to Woodland Park can actually see the ducks and skaters from the new Overlook Plaza. First Street East/Woodland Connection Work is completed with the exception of replacing the old wooden light poles with metal poles. A new, 6' wide sidewalk with wheelchair ramps at the comers and no heaved sections in between makes this connection with Woodland Park and the Central Business District and neighborhoods a safe and pleasant walk. The construction project included conduit for future installation of antique lights which will complete the link and visual continuity with other parts of the downtown pedestrian corridors, 9 . =4 PECDD Director, Larry Gallagher, a member of the Board of Directors of the Montana Ambassadors, attended the quarterly Board meeting held in Helena on December 6, 1996. Governor Marc Racicot met with the board to discuss administration changes in the Department of Commerce, and his support for the Ambassadors' efforts. He also outlined his recommendations for new legislation to provide revenue from the Montana Coal Tax Trust Fund interest earnings account to aid in financing infrastructure improvements, K-12 education, research and development (R&D) and land stewardship. The Governor's "Today and Tomorrow" proposal is designed to provide $20 million in revenues to be leveraged to $79 million in additional investment in Montana's economic future. The results of the statewide Phase II Bragg/Lewis Business Retention, Expansion, and Recruitment Project were reviewed. The R& E project included interviews with several Flathead area businesses. Please contact the PECDD office for survey results. Annualof Real Estate (CRE) "Shaping a Livable Technopolis" was the theme of the November 5-9, Oct -Dec, 1996 1996, ULI Fall Meeting held in San Francisco which was followed by The Counselors of Real Estate Annual Convention on November 10-13, 1996. Larry Gallagher, CRE and member of the ULI, attended both meetings. ULI sessions included an economic update by Lester C. Thurow, Professor of Management and Economics, Massachusetts Institute of Technology (who grew up in Anaconda, Montana). Professor Thorow presented "an optimistic look at the future of capitalism, how it will change and why, and how we can win by understanding what's ahead. " Drawing from his most recent book, The Future of Capitalism: How Today's Economic Forces Shape Tomorrow's World, Dr. Thurow described the factors responsible for the changes around the globe, the rise of man-made brain -power industries, changing demographics, the impact of a global economy, and the conversion of the communist world. Dr. Thurow described the vast resources of the "communist world" including farmlands and timber resources for both grain and wood production that can all be shipped by water, unobstructed river corridors providing "cheap transportation" to ocean -ports. He spoke of vast mineral and oil deposits and an extensive knowledge and labor pool of "some of the best educated engineers and technicians in the world." His advice to the audience: "Don't buy a wheat farm in North Dakota." He also mentioned the emerging "world class alpine ski resorts" with slopes and snow to rival the best of the Canadian Rockies and Colorado conditions. William J. Bennett, Fellow Heritage Foundation and Co -Director of 5 UPDATES! Empower America, spoke on his philosophy about educating our children. Author, futurist and social critic, Alvin Toffler, best known for his "analysis of contemporary social change ... and what happens when change occurs faster than people's ability to adapt to it?" discussed his recently completed book, Creating a New Civilization: The Politics of the Third Wave. Toffler concluded his remarks by observing that with our advancing technology, regional differences will be accentuated. Citizens will be able to "work @ home, buy @ home, bank @ home, entertain @ home and even doctor (seek medical advice) @ home. "Micro markets" will become "particle markets" and in the future, folks will want to live in "good, clean, decent and just communities." A complete index of ULI sessions and session tapes available is located in the PECDD library. CRE Annual Meeting Highlights included: An Outlook for the Economy & Real Estate Enterprise; The Use of Internet Access, GIS, national sales databases, and other Online technology to analyze real estate; Recent developments in the legal arena "... one that will have an extraordinary impact on real estate and land use." On the last day of the convention, Larry participated in a Breakfast Round Table Discussion with CREs from Texas, Illinois, Washington, and the District of Columbia, discussing advalorem taxes on real estate and trends. Afull description of the CRE's Annual meeting and topics along with some presentation summaries is located in the PECDD library. The ULI and CRE Conferences were educational. The benefits received from the sessions included a better understanding of the forces that will have an extraordinary impact on real estate, land use, the economy, and advalorem taxes in the Flathead and the rest of Montana. r o. Program Several projects are currently in the planning phase and include the conversion of the old Branding Iron Restaurant on Main Street into "Cafe Max" - specializing in homemade soups and sandwiches. Loan activity is traditionally slow during the late fall and holiday season. Spring usually produces several applications in anticipation of summer tourist season. The City's program subsidizes only the interest on a below -market rate private loan from local lenders. Physical improvements to the property are eligible expenses for storefront renovation, code compliance, handicap accessibility, job creation, paving, landscaping, and interior remodeling. Summary of Activity Total Number of Loans: 287 Total Loan Amount: $4,737,517 Total Interest Subsidy: $1,215,650 Private Investment: $13,282,318 Percent of Leverage: 1093% Interest Subsidy vs. Private Capital Invested Oct-Dec,1996 First Time Home Site construction is completed at both South Woodland and Teton Terrace and contractor closeout is underway. Due to the season, home construction is postponed until Spring of 1997. 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