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03-26-24 Urban Renewal Agency Board Minutes rC' p r rtll`fi, City of Kalispell rjr 201 1"Avenue East Post Office Box 1997- Kalispell, Montana 59903 Telephone: (406)758-7701 Fax: (406)758-7758 'KALISPELL Meeting Summary URBAN RENEWAL AGENCY BOARD MARCH 26, 2024—4 P.M. CITY HALL—LOWER-LEVEL CONFERENCE ROOM AND VIA ZOOM MEMBERS IN ATTENDANCE OTHERS IN ATTENDANCE Marc Rold Katharine King, Community Development Manager Catherine Potter PJ Sorensen, Senior Planner Cara Lemire via phone PUBLIC COMMENT None. PREVIOUS MEETING SUMMARY January meeting summary accepted. TIF&TEDD Flathead County Economic Development Authority(FCEDA) has submitted a request for$135,000 from the Rail Park TEDD. The proposed project is to bring Rail Park Drive up to city standards so the street could be accepted by the city. The roadbed was built to city standards at the time the Rail Park was constructed, but due to costs and a vision of this as a private, gated road, other city required features were not built. Those features include sidewalks and boulevard landscaping. The total project cost is estimated at$673,917.45. This request has been anticipated by the city and is included in the TEDD budget for the current fiscal year. Ms. Potter moved to support this application and Ms. Lemire seconded the motion. All voted in favor of recommending this project to City Council for funding through the TEDD. Safe Streets and Roads For All Safety Action Plan is moving forward. The first community open house event was held in March and a second will follow in May. Information and feedback opportunities are available at the project specific website: https://www.mainstreetkalispellsafetyplan.com/.The project storymap is available at: https://storymaps.arcgis.com/stories/af5387d2a6444daebfcO295alf25d9Oe. Charles Hotel Development Partners member, Bill Goldberg, presented to City Council at the March 25, 2024, work session. Mr. Goldberg indicated current capital market conditions have hindered the project and new investors are being developed. As the existing developer agreement's timelines are no longer possible, Mr. Goldberg requested an extension of five years. In exchange he proposes making quarterly payments against the 2020 appraised value of the 3rd & Main lot($270,000) until the project commences. This proposal appeared to be well-received by Council and will be memorialized then brought to the governing body for a vote at an upcoming Council meeting. The city received one proposal in response to its request for proposals (RFP)for the entrance/welcome to Kalispell sign project to be installed on the pedestrian bridge over Highway 2 at the east entrance to the city. The selection committee will make a recommendation to City Council on this proposal at the April 15 Council meeting. BROWNFIELDS Montana DEQ's Brownfields TBA program is conducting a phase II environmental site assessment(ESA) at the city-owned 3rd & Main (Valley Bank) parking lot. To date, an underground storage tank approximately 8' diameter and 24' in length containing an estimated 3,000 gallons of some type of petroleum product has been discovered. DEQ will oversee the sampling, pumping, disposal, tank removal and return of the site to its previous condition. Given the coordination of multiple tasks and subcontractors, a schedule for completion is not known at this time. NEXT SCHEDULED MEETING The Board's next meeting is scheduled for Wednesday,April 24, 2024,at 4 p.m. Meeting adjourned.