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HomeMy WebLinkAboutMN-IURAED-2010-05-11Approved 6-8-10 Ithaca Urban Renewal Agency 108 East Green Street Ithaca, New York 14850 (607) 274-6559 (607) 274-6558 (fax) MINUTES IURA Economic Development Committee 3:30 PM, Tuesday, May 11, 2010 Present: Doug Dylla, Martha Armstrong, Jennifer Tegan Staff: Nels Bohn, Alice Vargo I. Call to order The meeting was called to order at 3:31 P.M. by Chairperson Dylla. II. Additions to or deletions from the agenda - None III. Public comment (3 minute maximum per person) - None IV. Review of appropriateness of existing zoning in City to meet anticipated future demand for light industry, manufacturing and high-tech business activity. Bohn distributed zoning maps for the City. He noted that the “I” (Industrial) district allows all types of businesses and manufacturing uses, the “B4” district allows heavy commercial and light fabrication uses and the “CBD” (Central Business District) districts allow businesses that incorporate hand fabrication but not manufacturing. Office uses are allowed in most non- residential districts. He noted that the City is largely built out requiring rehabilitation of existing buildings and redevelopment to accommodate new business expansion. The Committee reviewed the “I” Districts in the City and concluded that the former Carpenter Business Park located off of Third Street, the soon-to-be closed Emerson Factory site on South Hill, and the Cherry Street Industrial Park extension are the primary areas of the City zoned for industrial uses that are potentially available for new development. Of these, Carpenter and Emerson are being marketed by their owners for mixed-use development including residential uses and are further seeking master developers, so individual businesses are not likely to address their space needs in timely manner. Bohn reported that the Cherry Street Industrial Park extension area is owned by the City, who has authorized transfer to the IURA of the non-waterfront portion of the site to the IURA for future expansion of the business park. He noted that due to the presence of wetlands on the southern portion of the parcel, an extension of Cherry Street could provide approximately 5 – 6 acres of new business park development area. Use of CDBG funds to extend Cherry Street requires permanent job creation for low/mod persons as a result of the investment to IURA EDC Minutes May 11, 2010 Page 2 of 3 be an eligible use of CDBG funds, so the road extension would need to be constructed in conjunction with a new or expanding relocating anchor business, Bohn stated. Bohn noted that the Cherry St. Extension area was considered as a potential site for a dog park recently and has been mentioned as a potential location for waterfront housing as a highest and best use of the site. He queried whether the Committee had a recommendation on the recommended use and zoning of this parcel. Committee members noted the extremely limited amount of land zoned for manufacturing uses in the City. The Economic Development Committee agreed by consensus to recommend to preserve the existing “I” zoning designation of the Cherry Street Extension parcel and encouraged future expansion of the business park upon identification of an appropriate business end user that will create jobs. Members discussed areas of the City that allow office and knowledge-based & technology business uses. It was noted that almost all non-residential districts permit office uses and most knowledge-based businesses, including traditional commercial districts such as the Downtown, the W. State Street corridor, the West End and Collegetown. V. Summer Youth Employment, shortfall in Federal and State funding Bohn recounted that the Mayor is concerned over the extreme shortage of state and federal funds for youth employment this summer. He noted that with the NYS budget unresolved, there is no State of Federal funding for summer youth employment at this point in time. Meanwhile unemployment continues to remain extremely high, especially for youth of color between the ages of 18-24. Bohn reported that 400 youth in Tompkins County received employment assistance last year. The Mayor is presently working with youths of color (18-22) trying to identify funds and resources and looking for forms of other help. Bohn reported that the costs of running youth employment programming for 6-8 weeks of work at minimum wage ($7.25/hour) is approximately $1,600 per participant. The Youth Bureau has enough local funds for employment assistance for 60 children, but they target the age 14-16 group, according to Bohn. One issue is whether the IURA can identify significant funding resources to support summer youth employment programming for City residents this year to make up the lack of State or Federal resources. Another issue is how the IURA can best address the persistent community development need for youth employment opportunities, especially for youth of color, in a meaningful way. Members considered potential CDBG funding available, but recognized strict limitations on funding further public service category uses and that the vast majority of CDBG funding is already programmed for other uses. Following discussion, members recommended that the IURA focus its efforts and resources on initiatives that build specialized skills of unemployed youth; induce employers to expand hiring of youth on a long-term basis, or fill gaps in the employment training “system.” It was noted that the summer youth employment program typically provides 120 hours of paid work to each youth participant over only a six-week time period, which doesn’t address the needs of youth who are no longer enrolled in school. Members indicated support for some limited IURA funding for summer youth employment (not to exceed $20,000) in the event no State or Federal funding was made available this year. IURA EDC Minutes May 11, 2010 Page 3 of 3 VI. Underwriting guidelines for technology-based start-up firms Dylla outlined draft guidelines followed by committee discussion. Bohn agreed to make changes as discussed and bring the draft back for the June meeting. VII. Strategic planning/goal setting session – continuation of discussion Members reviewed draft IURA economic development goals prepared by Dylla and some possible performance measures. Dylla noted that goal #5 “Promote better public use of waterfront areas of the city” should be amended to include privately-owned land along the waterfront too. Committee members expressed general agreement with the goals. Dylla suggested that members review the document and send him comments and suggestions for improvement and further review at the next meeting. In relation to the discussion on goal #6 seeking to increase entrepreneurial opportunities, it was suggested to invite the Deputy Director of Economic Development to attend EDC meetings periodically as she works closely with Cornell officials on technology transfer & commercialization initiatives, implements a business visitation program and is active in business retention and recruitment efforts. Tegan left at 4:45 P.M. resulting in the loss of the quorum. IX. Adjournment The meeting was adjourned at 4:45 P.M. END Minutes prepared by A. Vargo, edited by N. Bohn