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HomeMy WebLinkAboutMN-IURA-2000 IURA Minutes,1-18-00, 1 iPPO Minutes of the Ithaca Urban Renewal Agency 4:00 PM,Tuesday,January 18,2000 Common Council Chambers,City Hall PRESENT: IURA Members Jill Burlington,Alan Cohen, Susan Cummings, Eric Rosario Staff Nels Bohn, Wies van Leuken, Kat Clute, Adam Smith Others Tom Edwards,Doug Foster, Bob Lama, Paul Mazzarella, Doug McDonald, Cynthia Yahn I. CALL TO ORDER Meeting was called to order at 4:14 pm by Cummings. II. PREVIOUS MINUTES Tabled, with no action taken. III. STAFF REPORTS III-1 RENTAL REHAB SUBSIDY CHANGE -REPORT After discussing VIII-2, Clute stated that the HNI Committee had changed the subsidy percentage from 50% to 75% in an attempt to interest a larger number of landlords in the rehab subsidy program. After discussion, Cohen suggested that certain types of work, such as interior improvements to increase livability and exterior aesthetic improvements be encouraged at a 75% subsidy, but other work be subsidized at the 50% level. Rosario requested additional information on the subsidy, and lengthy discussion continued between Cohen and Cummings with no further action taken. III-2 REVISION OF THE CITY OF ITHACA'S COMMUNITY PARTICIPATION PLAN Clute brought forward a resolution eliminating the Community Advisory Committee (CAC) from the Community Participation Plan(CPP). WHEREAS, the possible funding levels for New York State's FY2000 "comprehensive" Small Cities CDBG funding proposals will be set between$750,000 and $900,000, and IURA Minutes,1-18-00,2 WHEREAS, the City of Ithaca's Community Participation Plan(CPP)was developed in response to the Federal Housing & Urban Development's (HUD) requirements for community participation in CDBG proposal development and approval, and WHEREAS, the CPP created the Community Advisory Committee (CAC) to review and recommend Small Cities CDBG funding proposals to the IURA, and WHEREAS, the IURA staff has reviewed basic HUD community participation requirements and determined that the current Community Participation Plan places more requirements on the IURA than is necessary, and WHEREAS, the IURA staff has determined that the CAC's role and processes exceed HUD Community Participation requirements and place an undo scheduling burden on NRA members and LURA staff given a 60 calendar day response period, and WHEREAS, the LURA staff will continue to maintain all the necessary legal and display notifications for the two HUD-required public hearings, and WHEREAS, the LURA continues to hold the required public hearings, and WHEREAS, all paragraphs and references pertaining to the role of that CAC be eliminated from the Citizen Participation Plan, so now be it RESOLVED,that the following changes be made to the CPP document: I. Grant Application heading of the CPP document (page 3 of 9), the following changes be made: A. Organizational Meetings: strike"CAC" and replace with"IURA". B. Joint Public Hearing: eliminate"CAC and"from the first sentence. C. CAC Recommendations: eliminate "CAC" from the title and replace with « A„ D. Draft Application: eliminate the last two paragraphs. III. Implementation: (page 5 of 9), the following changes be made: A. Monitoring: this paragraph is not necessary to accomplish the reporting and assessment requirements of the Agency projects/staff. B. Formal Participation: eliminate "Meetings will be held" and replace with "IURA staff will hold meetings..." C. Eliminate the whole sub-paragraph. F. Submissions of Views and Proposals: eliminate "CAC meetings" and replace with "hearings"; eliminate "CAC for formal and informal" and replace with "Common Council for formal...". G. Complaints: eliminate"and/or CAC". IURA Minutes,1-18-00,3 I. Community Outreach: eliminate"CAC members and/or",replace with"and". J. Technical Assistance: eliminate "the CAC" in the second sentence of the first paragraph; eliminate the last paragraph. The resolution was referred back to the B&A Committee with no action taken. III-3 NEW CDBG$900,000 COMPREHENSIVE CATEGORY-REPORT Clute reported that the State will issue a comprehensive NOFA for $900,000, covering 12-15% admin costs, but not until March or later. Clute also added that the HUD had not yet formally rescinded their last NOFA, but had promised to do so. IV. ECONOMIC DEVELOPMENT IV-1 CD-RLF LOAN APPLICATION-MTP OF ITHACA,INC-RESOLUTION Rosario/Cummings moved/seconded the following resolution for discussion. WHEREAS, MTP of Ithaca, Inc. has requested loan assistance for the Triangle Plaza proposal to redevelop the vacant former Triangle Steel complex located at 726 Cecil A. Malone Drive, formerly W. Clinton Street, for occupancy by various construction firms and Ithaca Iron, Inc., a proposed new rebar fabrication firm, thereby creating job opportunities and expanding the tax base, and WHEREAS, MTP of Ithaca, Inc. proposes to undertake renovation of the approximately 50,000 sq. ft. building at an estimated cost of$822,000, and WHEREAS, the primary objectives of the Community Development Revolving Loan Program (CD-RLF) is provision of direct financing for economic development activities to create employment opportunities, facilitate the expansion of business activity within the City of Ithaca and expansion of the City's commercial and industrial tax base, and WHEREAS, based on soil testing conducting by ThermoRetec, an environmental consulting firm, lead paint abatement of a previous lead painting area within the building to be occupied by Ithaca Iron, Inc. is estimated to be $62,500, and WHEREAS, Ithaca Iron, Inc. will provide design, fabrication, delivery, and installation of reinforcing steel bars (rebar) in poured concrete structures and is projected to create approximately 9 new employment opportunities, the majority of which will be available to low/moderate income persons, plus project-y-project rebar installation work to be filled by Union workers, and IURA Minutes,1-1 8-00,4 WHEREAS, Ithaca Iron, Inc. has indicated an interest in locating in the Triangle Plaza complex upon remediation of environmental contamination, and WHEREAS, at their January 11, 2000 meeting, the Economic Development Committee reviewed MTP of Ithaca, Inc.'s plans for revitalizing the former Triangle Steel Complex for a variety of construction-related service businesses and start-up of a rebar fabrication and business known as Ithaca Iron, Inc. and recommended the following,therefore,be it RESOLVED,that the IURA hereby approves a loan from the CD-RLF to MTP of Ithaca, Inc. to finance the cost of completing environmental remediation at the former Triangle Steel complex located at 726 Cecil A. Malone Drive (formerly W. Clinton St.)per the following terms: maximum loan amount: $50,000, not to exceed 75%of future remediation costs use of funds: future environmental remediation activities term: 60 months interest rate: 3% repayment: interest-only payments until loan funds are substantially disbursed, then monthly level payments to amortize the debt over the term conditions: proof of project commitment by Ithaca Iron, Inc., including: 1. willingness to make available significant equity to the business start-up and proof of financial capacity to provide such equity; 2. intent to create multiple job opportunities; and, 3. Ithaca Iron lease at Triangle Plaza, security: sufficient to adequately secure loan (under negotiation), and be it further RESOLVED, that the IURA Chair, upon the advise of the Executive Director and Assistant City Attorney, is hereby authorized to determine that security pledged by Borrower is sufficient and to execute all necessary and appropriate documents to implement this resolution, including, but not limited to, executing loan agreement documents. Rosario stated that the ED Committee had discussed the resolution and recommended its adoption by the TURA. Discussion ensued, in which Cummings requested more information about the identities of the owners and investors in MTP and Ithaca Iron. CARRIED unanimously. IURA Minutes,1-18-00,5 V. BUDGET AND ADMINISTRATION V-1 DECEMBER FINANCIAL STATEMENTS No report given. V-2 STAFF CONTRACT EXTENSIONS -RESOLUTION Cummings/Cohen moved/seconded an Executive Session to discuss staff contracts. Executive Session began at 5:07 pm and ended at 5:24 pm. After the Executive Session, Agency members agreed to a two month extension on staff contracts, extending them through March 31, 2000. Cummings/Cohen moved/seconded the following resolution: WHEREAS, the IURA's Budget and Administration Sub-Committee has reviewed and approved the extensions of the 1998-1999 contracts of the CD Administrator, CD Planner, and Contract Monitor through January 31, 2000, with the inclusion of the 2000 Cost of Living Adjustment, and WHEREAS, the IURA's Budget and Administration Sub-Committee has reviewed and approved the extensions of the 1998-1999 contracts, with the inclusion of the 2000 Cost of Living Adjustment, of the CD Administrator, CD Planner, and Contract Monitor through March 31, 2000,therefore be it RESOLVED,that the Budget and Administration Committee of the IURA recommends that the IURA approve the extensions of the 1998-1999 contracts of the CD Administrator, Katharine Clute; CD Planner, Nels Bohn; and Contract Monitor, Wies van Leuken through, March 31, 2000. CARRIED unanimously. V-3 FIVE (5)YEAR SALARY FUNDING FORECAST-REPORT Rosario began the discussion of the report by requesting to see the agreement between INHS and the IURA that details the terms of funding. Cohen stated that there was a discrepancy between the City Controller's office's records and the IURA's records as to the amount of funding given to INHS. Cohen suggested that the contract between INHS and the IURA be reviewed annually. Rosario asked that the language in the contracts be clarified in terms of funding use directives. Rosario further stated that he wanted to see written policy for funding use, in order to help both the Agency and those in need of funding. Clute stated that while INHS is an important organization, there are other organizations in the City that presented additional valuable partnership opportunities for the IURA, and that there was enough work to be done that INHS LURA Minutes,1-1 8-00, 6 would not be harmed by the IURA's association with other housing organizations. Clute also stated that there was a significant amount of program income available, but that the IURA lacked policy and processes with which to disburse funds for projects and organizations that are of service to the low/moderate income community in the City. Clute added that the IURA should assist other organizations with funding and should also generate policy to aid in the distribution of funds. Clute further maintained that without program income allocation policy and procedures, the IURA was remiss in its responsibility to actively assist the low/moderate income community members of the City of Ithaca. Rosario asked where the IURA was in the process of generating policy and programs; Clute informed him that the matter had been in the B&A Committee since June, 1999 with no action taken since then. Cohen requested staff recommendations to be given to the B&A Committee, which will then be forwarded to the full Agency. V-4 LEGAL SERVICES FOR 1997 CCI -REPORT Bohn informed the Agency that Mariette Geldenhuys and Ralph Nash had each been approached about Marina Realty legal work for the CCI and that Geldenhuys had stated that she was interested. The project was then given to her. Cohen asked that rejection letters be held until there had been a review of the lawyers and for what reason some were not asked to be retained as counsel. VI. HOUSING,NEIGHBORHOODS,AND INFRASTRUCTURE No reports or action taken. Cummings requested that a review of zoning and other ordinances be done by the City Planning Department for the Cherry/Clinton/Malone industrial area. Research will be limited to the guidance on the construction and maintenance of sidewalks and be brought to the HNI Committee for discussion once research is complete. VII. OLD BUSINESS No reports or action taken. VIII. NEW BUSINESS VIII-1 NEXT MEETING DATE: (TUESDAY) FEBRUARY 18,2000,4PM Date accepted. VIII-2 REQUEST FOR FUNDING-MHA IURA Minutes,1-18-00,7 Tom Edwards requested funding for pre-development work for MHA's Phase 3 as well as for the Executive Director's salary. Edwards explained that Phases 1 and 2, consisting of 14 housing units each, had been completed, but that MHA's occupancy rate was 100% and pressure for more same-type housing was building. Pre-development work had been done on possible properties earlier, but the locations were unsuitable. MHA is now looking at other locations, but requires additional funding to succeed. In addition, Edwards brought a progress report for 1999 to show what had been done under the last year's funding provided by the NRA. Cohen requested updated pro formas for MHA from Edwards and also a report on the percentage of tenants who have not paid their rent. Cohen referred this matter back to the HNI committee. VIII-3 60-DAY EXTENSION FOR CARPENTER PARK PURCHASE OFFER Bohn explained that staff and the Assistant City Attorney believe that the proposed 60-day extension of the soil test, environmental assessment, and site plan submission contingencies is appropriate, given that the NRA has been slow in producing the abstract and other documentation about the property, some of which is still not delivered. Rosario/Burlington moved/seconded a resolution to grant the extension. Discussion ensued in which Cummings asked that proposals such as this be submitted earlier and Cohen confirmed the Assistant City Attorney's position, adding that the City had been unable to follow through on its commitment to Building Links. WHEREAS, upon Common Council endorsement, the Ithaca Urban Renewal Agency (NRA) executed a purchase offer with Building Links, Inc. to acquire the Carpenter Business Park on October 7, 1999, and WHEREAS, a written request from Building Links, Inc. was received on January 14, 2000 requesting a 60-day extension of the contingencies set forth in paragraphs 10(A), 10(B), and 11(B) of the purchase agreement dated October 7, 1999, and WHEREAS, the contingencies requested to be extended can generally be described as the "soil test" contingency, the "environmental assessment" contingency, and the"site plan submission"contingency, and WHEREAS, such request will provide the buyer, or buyer's assignee, 2450 days from the date of the purchase agreement to submit a complete and reasonable site development plan application, and t IURA Minutes,1-18-00, 8 WHEREAS, such request also extends the buyer's contingency set forth in 10(C) of the purchase agreement by a 60-day time period to provide 270 days from the date of the purchase agreement for the buyer to obtain preliminary site plan approval, and WHEREAS, there have been unexpected delays in completing the abstract, which is due to be completed by January 19, 2000, and WHEREAS, the Assistant Assistant City Attorney had reviewed the request and raised no legal objections to granting the request,now, therefore,be it RESOLVED,that the IURA hereby approves the 60-day extension requested in the January 14, 2000 letter from Richard P. Ruswick, Attorney for Building Links, Inc. of certain contingencies contained in the Carpenter Business Park purchase agreement dated October, 7, 1999, and be it further RESOLVED,that any future request for a further extension should be received at least 30 days in advance of the requested date for action by the IURA, and be it further RESOLVED, that the IURA may discuss the appropriateness of requiring payment in return for any future request for an extension, and be it further RESOLVED,that the IURA Chair is hereby authorized to sign any and all instruments necessary to implement this resolution, including, but not limited to, the January 14, 2000 letter requesting the extension. CARRIED unanimously. X. ADJOURNMENT The meeting was adjourned at 5:48 PM. end 1/22/2000 ARS/ars/ksh • IURA Minutes, 2-15-00, 1 Minutes of the Ithaca Urban Renewal Agency �,n 4:00 PM,Tuesday,February 15,2000 /2 t� Common Council Chambers,City Hall 47 4c I PRESENT: IURA Members Jill Burlington, Alan Cohen, Susan Cummings, Eric Rosario Staff Nels Bohn, Wies van Leuken, Kat Hauger, Doug McDonald Others Ken Aaron, Paul Carubia, Geoff Dunn, Steve Flash, Fay Gougakis, Greg Halkiopoulos, Ben Simmoneau, Collie White CALL TO ORDER Meeting was called to order at 4:10 by Cohen. II. PREVIOUS MINUTES Tabled,with no action taken. III. STAFF REPORTS III-1 ANTICIPATED 2000 NOFA After completing discussion of IV-2, Cohen asked that the press do a story on the request for projects for the CDBG 2000 application and distributed copies of the display ad to the members of the press. Cohen also expressed his appreciation for the cooperation of the media in publicizing such things. Bohn reported that the state had issued a draft action plan that resembled a NOFA. Bohn stated that he was fairly certain that a NOFA based on the draft action plan would be issued on February 23, 2000 with a due date of April 18, 2000, leaving only 6 weeks in which to prepare a CDBG application for a $900,000 comprehensive (rather than a single purpose) grant. III-2 COMMUNITY/IURA COMMITTEE COORDINATION OF CDBG 2000 PROPOSAL Bohn suggested that Agency members review the memoranda included in their meeting packets that refer to the comprehensive grant application and described the staff plan for completing the application. Bohn detailed the schedule for the process, particularly the meeting dates that were necessary for the Agency NRA Minutes,2-15-00, 2 members to attend. Discussion turned to the Community Participation Plan (CPP). Cohen suggested that the CPP be addressed at the end of the meeting. Discussion ensued concerning the nature of public input into LURA projects and government requirements. Cummings asked if there were a geographic focus for the application; Bohn stated that there were proposals for the Southside, the downtown, and the near Northside. Cummings voiced a concern for providing sidewalks where none had existed along Elmira Rd. Cohen stated that the Planning Board had voted to put in sidewalks there and that there were plans for sidewalks throughout the City, funded as a capital project and suggested that, in light of the plans, sidewalks were not a critical need for this application. IV. ECONOMIC DEVELOPMENT IV-1 CD-RLF LOAN APPLICATION-HOT FOOT SHOES-RESOLUTION Rosario reported that the ED Committee had voted to recommend that a $5,000 loan be given to Hot Foot Shoes, LLC based on the business plan reviewed and Daniel DeBell's interview at the February 8, 2000 ED Committee meeting. Cohen asked that the discrepancy between the interest rates for MRI and Hot Foot Shoes be explained; Rosario explained the committee's reasoning. Cohen questioned why the Hot Foot Shoes loan had a higher interest; Bohn stated that DeBell needed to fill a funding gap, was not looking for low-interest loans, and was satisfied with the terms of the agreement. Rosario/Burlington moved/seconded the resolution. CARRIED unanimously. IV-2 CD-RLF LOAN APPLICATION-MRI—RESOLUTION Cohen began the meeting noting the public interest in the MRI issue. Rosario discussed the resolution and the terms of the loan, including the ED Committee's suggestion that the $50,000 cap on funding be waived, allowing the loan of the full $100,000. Rosario/Burlington moved/seconded the motion. Cohen asked Steve Flash, a principal investor in MRI to come forward and answer questions. Cummings asked for clarification about the need for the loan. Flash stated that the loan was for public parking and environmental remediation. Cummings asked about marina renovations; Flash stated that renovations were intended, but were not part of the current project. Flash described additional projects that were being supported by the development on Inlet Island. Rosario stated that Flash had attended an ED meeting and answered questions there, leaving the ED committee satisfied. Rosario addressed the article in the Ithaca Journal and suggested that the vote be tabled until the next meeting in order to • IURA Minutes,2-15-00,3 give the public opportunity to give input. Bohn stated that normal notification had been given and that the staff had received phone calls already based on the article. Cummings suggested that the month's wait be used to review architectural plans. Discussion ensued concerning the Agency's position on giving the loan as well as allowing further public input. Flash stated that they were anxious to see the project begin soon. Rosario/Cummings moved/seconded a motion to table the resolution until 3/7/00. Bohn asked if notification should be made for a public hearing. Rosario expressed his support for a hearing and Cohen told Bohn to give notification for 3/7/00. V. BUDGET AND ADMINISTRATION V-1 DECEMBER 1999 AND JANUARY 2000 FINANCIAL STATEMENTS Bohn stated loans to Da'Spot and Glyph Technologies were past due, but that the staff had begun a process to reinstate their payment schedules. Cohen asked about Perfect Screen Printers; Bohn stated that they were behind on their quarterly lease payments and their annual maintenance fee (as residents in the Cherry St. Business Park) and that reminders had been sent for the approximate $1000 debt (with 2% monthly penalty for non -payment). Cohen stated that his understanding was that the debt would not be paid until Perfect Screen Printers was included on the sign for the park; Cohen also stated that the sign did not belong to the IURA and that it was not an Agency responsibility. Discussion ensued about the sign, specifically, and sign ordinances, generally, for the City. Cohen recommended that ordinances be changed to allow non-City signage with a special permit. Bohn stated that a notice had been sent to Perfect Screen stating that the debt must be paid; otherwise, the matter would come before the Agency and could result in the cancellation of the lease. V-2 MHA FOIL REQUEST- REPORT Van Cort stated that a letter had been sent to MHA stating that the information had been gathered, but that duplication would not occur until staff had been informed that MHA was willing to pay approximately $1,000 for the duplication costs. Van Cort also stated that MHA had asked for a waiver of the cost. Cohen asked that in the future it be stated in any letter detailing the costs of duplication that the documents are available for public viewing should those requesting them be interested in coming to the Agency offices. Van Cort stated that he would tell Tom Edwards that the documents are available for public viewing. Cummings asked about a letter from Bernie Milton; Bohn explained that it was being used as an example of citizen complaint and the procedure for dealing with NRA Minutes,2-15-00,4 such complaints. Discussion ensued concerning the situation and the presentation that had been made by representatives of MHA at the last HNI meeting. Cummings described the events of the HNI meeting. VI. HOUSING, NEIGHBORHOODS, AND INFRASTRUCTURE VI-1 ELIGIBILITY REQUIREMENTS AND ALLOCATION POLICY-IURA PROGRAM INCOME Van Cort recommended that policy be created as soon as possible after the CDBG application was completed, so that the Agency had guidelines for dealing with funding local agencies. Cummings concurred and recounted a history of MHA funding. Rosario asked when policy would be produced; Van Cort stated that it would occur within 2 - 2.5 months. VII. OLD BUSINESS No reports or action taken. VIII. NEW BUSINESS VIII-1 REPROGRAMMING UNEXPENDED FUNDS FROM 1995/1996 CDBG'S CLOSED OUT ACTIVITIES-DISCUSSION Bohn stated that Kat Clute was seeking Agency guidance for a plan to reprogram nearly $75,000 that are left from completed projects from 1995/1996 to administrative funds in order to close a funding shortfall. Bohn further stated that reprogramming needed to be discussed with HUD and that the Agency would need to demonstrate that administrative funding had fallen below the 20% threshold in order for HUD to approve the reprogramming. Bohn stated that only 10% of recent grants had been budgeted for administrative work and that Peggy Meinl from HUD had indicated that it was likely that HUD would approve such a reprogramming. Bohn indicated that this would be a future action, but did want to know if there were other uses that the Agency would prefer to pursue with the funds. Van Cort gave strong support for reprogramming the funds for administrative uses. Bohn stated that Clute wanted the matter referred to the B&A Committee. Cohen stated that any member was welcome to attend the B&A meeting to discuss the matter and posed the question of whether or not the Agency staff should be maintained at the same size in the future. VIII-2 NEXT MEETING DATE: (TUESDAY) MARCH 14, 2000,4PM Date accepted. NRA Minutes,2-15-00, 5 VIII-3 OTHER VIII-3-A ARGYLE ASSOCIATES PROPOSAL Bohn stated that a letter in the packet for the meeting from Argyle Associates proposed an alternate construction for the promenade walk and that staff had requested a more fully described plan for their redevelopment concepts. Cohen requested clarification as to whether or not the loan and grant could be separated; Bohn stated that if there were job creation, the grant could be made without a Section 108 loan. Cohen stated that given the public's heightened sensitivity to IURA projects, it needed to be noted that Doug Foster, the signator of the letter, was until recently a City employee and that efforts must be made to prevent conflicts of interest or the perception of such. Cummings asked if there were any conflict of interest rules pertaining to this situation. Van Cort stated that he believed that conflict of interest bans only applied to present members, but that the regulations should be checked. Further discussion occurred, clarifying the barge canal promenade as a separate entity from the Inlet Island promenade and clarifying additional facts about Argyle Associates. VIII-3-B CITIZENS' PARTICIPATION PLAN(CPP)REVISIONS Discussion ensued concerning the reason for revising the CPP; Cohen stated that the reason was simply a matter of time, as the preparation period for the applications had been condensed. Members reviewed the revised version, occasionally asking questions and seeking clarification about the revisions. Discussion occurred concerning public notification of hearings and the nature of public input. Members detailed their corrections to the revisions. Members asked for Bohn's corrections in writing and postponed further considerations of the CPP until Bohn's corrections were prepared. Further discussion ensued concerning how to maximize attendance at the meetings. IX. ADJOURNMENT The meeting was adjourned at 5:45 PM. end 4/3/2000 ARS/ars APPROYED Minutes of Ithaca Urban Renewal Agency Special Meeting 8:30 am, Monday, February 21, 2000 Third Floor Conference Room, City Hall PRESENT: IURA Members Alan Cohen, Eric Rosario, Susan Cummings, Tracy Farrell Staff Matthys Van Cort ABSENT: LURA Members Jill Burlington I. CALL TO ORDER Meeting was called to order at 8:30 am by Mayor Cohen. II. PERSONNEL MATTER The meeting moved into executive session at 8:35 to discuss a personnel matter of the employment history of an individual employee of the Ithaca Urban Renewal Agency, The Agency reported out of executive session at 9:15 am. Action taken is asfollows. Rosario/Cummings moved/seconded the following resolution. WHEREAS, the Ithaca Urban Renewal Agency(URA) wishes to resolve any and all matters pertaining to the employment of Katharine Clute (the Employee) by the IURA; and WHEREAS, the parties have agreed to settle all such matters by mutual agreement, including a Notice of Claim from the employee dated February 18, 2000; now, therefore, be it RESOLVED,that the terms of the Stipulation and Agreement(the Agreement) executed by Katharine Clute and dated February 18, 2000, together with the attachments thereto, are hereby approved; and be it further RESOLVED,that the Executive Director of the Ithaca Urban Renewal Agency is hereby authorized to execute the Agreement, and any other documents necessary to implement the Agreement on behalf of the IURA; and be it further -1 IURA Minutes, 2-21-00 RESOLVED,that expenditure of the sum of$57,000.00 is hereby authorized to implement the terms of the Agreement to be taken from the program income from the Urban Development Action Grant(1982 UDAG, #B-82- AB-36-0405). CARRIED, unanimously. Farrell/Cummings moved/seconded the following resolution. BE IT RESOLVED, The Ithaca Urban Renewal Agency approves Nels Bohn to be the Acting Community Development Administrator at Step 6 of the FY2000 Community Development Administrator Salary Scale, which as of February 21, 2000 is $46,535.00, effective March 1, 2000. CARRIED, unanimously. IX. ADJOURNMENT Meeting was adjourned at 9:30 am. end 2/2000 MVC/ksh 5/2-3/ C 2 IURA Special Meeting, 3-7-00, 1 Minutes of a Special Meeting of the Ithaca Urban Renewal Agency 4:30 PM,Tuesday,March 7,2000 n .� Common Council Chambers, City Hall 81? D D O v 1E PRESENT: LURA Members Jill Burlington, Alan Cohen, Susan Cummings, Tracy Farrell Staff Nels Bohn, Kat Hauger, Doug McDonald, Ellen Morris-Knower, Harry Sicherman, Thys van Cort, Wies van Leuken Others Lucy Brown, Yamin Chevallard, Mark Campagnolo, Audrey Cooper, Steven Ehrhardt, Gary Ferguson, George Ferrari, Steven Flash, Marcia J. Fort, Doug Foster, Paul Glen, Fay Gougakis, William J. Gray, Greg Halkiopoulos, Sonia Hicks, Datta Kam Khalsa, Ami K. Kilgore, Paul Mazzarella, Bill Myers, Nancy Potter, Michael A. Robinson, Diann Sams, Jack Sams, Cili Shannon, Charlie Trautmann, Pat Vaughan, Scott Whitham, Cynthia Yahn, Pete Zaharis CALL TO-ORDER Cohen called the meeting to order at 4:30 pm, and informed the Agency and the public of the following changes to the agenda order: 1) The meeting would begin with a period of public comment, with speakers limited to three (3) minutes; followed by 2) Discussion of item III-2; followed by 3) Public Hearing, as listed'in item II-l. II. PUBLIC HEARING II-1 FY 2000 CDBG SMALL CITIES GRANT APPLICATION - PUBLIC INPUT ON FORMULATION OF THE APPLICATION Cynthia Yahn spoke during the public comment period, explaining their request for $40,000 in the public service category: $30,000 to pay a case worker and $10,000 for a consultant to create a reporting system. Yahn gave a history of Building Links' supportive living program, and stated that they needed to add a case worker as their program was full and had a waiting list, with more referrals IURA Special Meeting, 3-7-00, 2 coming in from community organizations. Yahn stated that Building Links' program was an important partner in these organizations' efforts to assist at-risk people, and that letters of reference and financial reports would be available to the Agency at their request. Gary Ferguson spoke during the public comment period, expressing the Ithaca Downtown Partnership's support for the Hotel project; Ferguson stated that the project represented the first major private investment in the downtown area in many years, and was an example of the type of investment the IDP wishes to encourage. Ferguson added that the IDP was in strong support of the Agency's using CDBG funds to assist the private investors, and thereby to support the downtown businesses, particularly the restaurants. George Ferrari spoke during the public comment period, discussing the Catholic Charities' sponsored project; Ferrari stated that they were seeking funding to convert the former convent into a space for Catholic Charities' Samaritan Center and community use. Ferrari added that the Samaritan Center, in its first full year of operations, had assisted 7,200 people. Nancy Potter spoke during the public comment period concerning their project application, submitted in conjunction with Cayuga Sunset Properties, to build a small community resource center in the Parkside Gardens Apartments area. Potter stated that the resource center would be a place for family recreational use and educational programming, and could also serve as a base for entrepreneurial efforts serving the nearby skateboard park (concessions, equipment rental). Scott Whitham spoke during the public comment period, stating that Historic Ithaca is now in the process of stabilizing the State Theatre for a December 2000 opening. Whitham stated that the facility would need to be expanded in order to allow the Theatre to reach its economic and cultural potential in the downtown. Whitham stated his availability, both at the meeting and at other times, to discuss the project. Mack Travis spoke during the public comment period, stating that, as the president of the IDP and a downtown landowner, he felt that the downtown hotel project was a excellent project with support from Hilton and a management company, and that he hoped that the Agency would support it. Marcia Ford spoke during the public comment period, distributing a handout with pictures of GIAC's exterior and heavily used interior spaces. Ford described the facility and its uses by the community, and stated that the building needed improvements to both the exterior and interior. Ford stated her desire to see the building renovated to improve quality-of-life issues for the community in the lower North side. Sonia Hicks spoke during the public comment period, describing the Southside IURA Special Meeting, 3-7-00, 3 CDBG applicant program and stating that it would be focused on high school drop-outs, providing training on computers, but also work and life skills. Hicks described the project as unique within Ithaca, and essential to the survival and improvement of many of the teens' lives, making them employable in jobs paying more than minimum wage. Jamin Chevallard spoke during the public comment period, representing the Southside Center/COPC joint project. Chevallard stated that the project was aimed at producing people with technical skills, able to fill open positions in local businesses. Chevallard further stated that the project already had computer experts from Cornell and Ithaca College on board as well as other resources, but that they needed funding to buy high-end computers to make the program useful. After Bohn finished his remarks in agenda item V-1, the Public Hearing began. Fay Gougakis recommended that the Agency consider bringing a YWCA into the old library site within the City, available for all age groups. Gougakis also stated that more accommodation needed to be made for pedestrians and cyclists within the City, citing frightening experiences she has had in her travels about the City. Paul Mazzarella came to speak about both proposals INHS had submitted, one for a single purpose and one for a comprehensive application. Mazzarella stated that the more important of the projects was the Southside House Recycling Program, and gave a brief discussion of the program. Charles Trautmann described the Sciencenter Computer Club project, and stated that,the project had not yet been targeted to a neighborhood and that they were flexible in choosing their target location. Trautmann pointed out that they already had funding for a portion of the program and would continue seeking funds, but that additional funding would support staffing. growth. Bohn, in response to a question from Cummings, stated that the Sciencenter proposal is not linked to the Southside/COPC proposal; Cummings expressed concern that the programs would compete against each other for participants. Trautmann stated that it was not a matter of competition, he stated that having more than one site in the community would be very beneficial. In response to a request from Cohen, Trautmann explained that the Computer Club program would be a satellite program within a network of nationwide Computer Clubs, linked through the Computer Clubhouse in Boston. The Sciencenter would receive software and support from the Boston hub, and could be linked to any Club established in the world. Discussion ensued concerning linking multiple computer labs within the Ithaca community. Cohen suggested that Hicks and Trautmann discuss the possibility of collaboration between the Sciencenter and the Southside Community Center. Lucy Brown stated that she was strongly in favor of computer training for children of low- and moderated-income families, and that more programs along these lines should be established. Discussion continued. IURA Special Meeting, 3-7-00,4 Cohen asked if the Clubhouse model would allow a network with home-based workstations for community members; Trautmann stated that he was uncertain, but would look into it. Trautmann stated that the program was starting in a controlled fashion, but that larger scale planning was something in which the Sciencenter was interested. Cummings asked that the question of location be addressed for this project. Hicks came forward to state that the Sciencenter and the Southside Community Center programs were completely separate, and that the Community Center's program was aimed at training single, high school drop-out parents in technical skills that would allow them to find adequate employment in Ithaca. Hicks asked if the LURA would be making a comprehensive application; Bohn stated that Ithaca has historically pursued comprehensive grants whenever they have been available. Burlington asked about other programs, particularly in the Alternative School; Hicks stated that school programs did not address the needs of her target population. Farrell asked what the timeframe was for training in the Community Center's program; Hicks stated that it would be 9 months to a year, preferably 9 months, and added that she would like to bring in local, high-tech companies to assist in training. Burlington suggested that Hicks look into the recruitment programs that already exist within the high-tech companies. Bill Myers spoke about the planned expansion of the CEO Microenterprise Program, first giving a history of the program, and discussing the County's network of microenterprise programs. In response to a question from Cummings, Bohn stated that the program would be an asset to a West End focussed grant, but was weaker in other areas. Cohen stated that efforts of the program would need to be targeted to an area. Sicherman stated that economic development proposals were less tied into location, but that it made them stronger if they were location- targeted. Cohen asked about mainstreet development; Sicherman stated that mainstreet programs would likely be successful without targeting, but would be more successful with location targeting. Sicherman asked if CDBG funds could be kept separate and targeted to City residents, freeing other funds for the proposed expansion; Myers stated that it was possible. Jack Sams, a local, long-time, masonry contractor, came forward to propose a "stamp concrete" program for youth training, resulting in a local service; at this time, no stamp concrete technology is used by local contractors. Cohen asked about means of recruitment; Sams stated that he had discussed that with community members. Cohen suggested that he speak to Hicks and Ford, Audrey Cooper from Co-operative Extension. Sams stated that these kids would be excluded by the local Unions. Cummings suggested that an existing community service organization might be a good home for such a program. Cohen suggested that: Sams speak to Deb Giordano of County Development, and that she could hell) with recruitment and support. Farrell suggested that this program be incorporated into an existing organization for insurance programs, and asked about gaining union support. Sams said that local unions were a closed society, IURA Special Meeting, 3-7-00, 5 working on a parent/child basis. Cohen suggested that Bohn and Sams discuss this project further, perhaps to encourage collaboration with other organizations. Pat Vaughan, director of the Women's Community Building, spoke about their project to renovate the building's kitchen to make it a commercial kitchen; Vaughan expressed a desire to see the kitchen used as an incubator for small scale food processors and caterers to establish themselves in Ithaca. Vaughan stated that the renovation would make it possible for people just starting businesses, with limited capital to afford the use of such a kitchen. Farrell asked about the present use of the kitchen; Vaughan stated that it was minimal, and inappropriate for increased use at this time. Farrell asked about scheduling; Vaughan stated that their hope was that two processors could use the kitchen at the same time, Monday through Thursday, allowing 3 groups of 2 processors to use the kitchen. Discussion ensued about the location suitability and economic development status of the program. Vaughan stated that the organization had grant funding for a refrigerator and a stove, but that there was much more equipment that they needed to fund. The meeting continued to agenda item IV-1. III. ECONOMIC DEVELOPMENT COMMITTEE III-1 PUBLIC COMMENT ON PENDING LOAN APPLICATION(S) Cohen stated that public comment would be on all matters, not just the pending loan applications. Yahn spoke first, regarding the FY 2000 CDBG grant (see agenda item II-1 for her comments). Michael Robinson stated that the Marina Realty project was corrupt, including that he had evidence of criminal and civil misbehavior, including fraudulent investment practices, which he would share with the Agency should they ask. Robinson accused the principals in MRI of misrepresenting themselves and their intentions, and stated that the concept of a new restaurant as an anchor for Inlet Island development was flawed, given the number of restaurants in the area. Robinson further stated his concerns for environmental and safety issues regarding marine fuels. Robinson recommended that no further funds be approved to MRI, and that the Agency take back any funds that it can. Gary Ferguson spoke to agenda item II-1 (see II-1 for his comments). George Ferrari spoke to agenda item II-1 (see II-1 for his comments). Nancy Potter spoke to agenda item II-1 (see II-1 for her comments). Scott Whitham spoke to agenda item II-1 (see II-1 for his comments). IURA Special Meeting, 3-7-00, 6 Mack Travis spoke to agenda item II-1 (see II-i for his comments). Concerning the MRI loan, Travis stated that he believed that the MRI project was important for the development of the waterfront and would anchor the development of the West End and Ithaca as a tourist center. Marcia Ford spoke to agenda item II-1 (see II-1 for her comments). Sonia Hicks spoke to agenda item II-1 (see II-1 for her comments). Fay Gougakis stated that she was concerned that the Inlet Island promenade would be located on the "noisy" side of the island, and not continuing around the entirety of the island. Gougakis further stated that she felt that MRI had been given special favors and assistance by the City. Gougakis brought up a discrepancy that she had noted: Bohn stated that MRI would be ineligible for tax abatements if given the loan, and Mike Stamms stated that MRI would be eligible, even if given the loan. Gougakis asked for clarification of the tax abatement status, and stated that she was not against the restaurant, but was against unfair practices in funding. Jamin Chevallard spoke to agenda item II-1 (see II-1 for his comments). Cohen closed the comment period and asked for Agency member's responses. Cummings asked about the tax abatement question for MRI. Cohen stated that any business is at any time permitted to seek tax abatement, but that the TURA and MRI.have an agreement that if MRI were to be given tax abatement, MRI would immediately pay back the entire loan to the LURA. Cummings asked Bohn to read the MRI loan resolution, where the above agreement was detailed. Bohn read, "RESOLVED that should MRI obtain real property tax abatements and/or sales tax exemptions through the Tompkins County Industrial Development Agency during the term of this loan, this loan shall become immediately due and payable in full." Cohen stated that the Agency publicizes its programs, and stated that both during the Octopus re-construction and in more recent meetings, the CD-RLF had been promoted to business owners in the City. Cohen further stated that CCI funds had been promoted as well, and that some business owners now raising concerns had applied for those monies also. III-2 CD-RLF LOAN APPLICATION,MARINA REALTY,INC.-RESOLUTION Cummings/Burlington moved the following resolution for discussion. WHEREAS, Marina Realty of Ithaca, LLC (MRI) proposed to undertake a redevelopment project on Inlet Island, expected to create 90 full-time equivalent jobs through the construction of a restaurant and other commercial activities, and IURA Special Meeting, 3-7-00, 7 WHEREAS, the City of Ithaca has secured a commitment for a $800,000 Section 108 loan guarantee for the project from the U.S. Department of Housing and Urban Development (HUD) through the FY 1997 Canal Corridor Initiative (CCI) program for which the project's principals have pledged personal guarantees as security for these loans, and WHEREAS, the City of Ithaca has further secured Section 108 grant commitments through the CCI program totaling $700,000 for various eligible activities associated with redeveloping the Cayuga Inlet waterfront, including a waterfront promenade along Inlet Island, and WHEREAS, MRI has secured a loan commitment for a $650,000 conventional bank loan to finance a portion of the project, and WHEREAS, MRI has agreed to commit a minimum of $600,000 of equity into the project, and WHEREAS, the initial estimated project cost of$1,750,000 has grown to $2,250,000, $100,000 more than originally reported to the IURA in December, 1999, and WHEREAS, completion of the MRI project will serve as a catalyst for the physical and economic revitalization of Inlet Island in accordance with the Inlet Island Urban Design Plan, and WHEREAS, completion of the MRI project will result in the creation of expansion of the local tax base and creation of 90 jobs, and WHEREAS, creation of 90 jobs associated with the MRI project, the majority of which will be available to low- and moderate-income persons, makes the construction of the public waterfront promenade an eligible use with Section 108 grant funds, and WHEREAS, completion of the MRI project will result in improvement of public land within the Taughannock Blvd. right-of-way for public parking, thereby benefiting the community, and WHEREAS, at their February 8, 2000 meeting, the Economic Development Committee votes to recommend waiving the $50,000 CD-RLF loan limit for this application because the project directly implements the City's plans for revitalizing Inlet Island and will serve as a catalyst for further private investment along the Cayuga Inlet, and is projected to create 90 FTE job opportunities, for which the project's principals have pledged personal guarantees as security for these loans, and IURA Special Meeting, 3-7-00, 8 WHEREAS, the Economic Development Committee further voter to recommend approval of the loan at their February 8, 2000 meeting, now, therefore, be it RESOLVED,that the IURA hereby waives the maximum loan limit of$50,000 for this application and approves a loan from the Community Development Revolving Loan Fund (CD-RLF) to Marina Realty of Ithaca, LLC to help close the funding gap for the FY 1997 CCI restaurant/marina project per the following terms: maximum loan amount: $100,000 use of funds: eligible non-construction costs term: 120 months interest rate: 3% repayment: level monthly payments to fully amortize the loan over a 240 month term with a balloon payment at the end of the 120th month to repay the full remaining principal balance security: unlimited personal guarantees of Stephen B. Flash, Chris B. Purdy, and Mark Campagnolo, and be it further RESOLVED,that should MRI obtain real property tax abatements and/or sales tax exemptions through the Tompkins County Industrial Development Agency during the term of this loan, this loan shall become immediately -due and payable in full, and be it further RESOLVED,that the IURA Chair, upon the advise of the Executive Director and City Attorney, is hereby authorized to execute all necessary and appropriate documents to implement this resolution. Cummings asked what the reason was for proposing such a large restaurant (200 seats); Mark Campagnolo stated that it was necessary to cover their debt service, but that with a redesigned structure the building was now likely to hold fewer than 200 seats. Cummings asked about winter business; Campagnolo stated that they had taken that into consideration, designing the building with fireplaces and other winter amenities to encourage business. Cummings asked if the restaurant would be available for banquet uses; Campagnolo stated that they were considering it, but that it was not a primary goal. Cummings asked why housing was not included within the project; Steven Flash stated that there was insufficient room to build housing on their site. Farrell asked for names of other 200 seat restaurants in the area; Campagnolo stated that Joe's, The Station, and a couple of hotel restaurants were in the 200 seat range, but that there were few in the area. Cummings stated that she was supportive of the project and additional, diverse uses of the island property, and asked if MRI had IURA Special Meeting, 3-7-00,9 considered additional uses; Flash stated that, depending on space, some people had expressed an interest in bringing marine-focused businesses into the area. Cummings expressed her concern that the project was advertised as a tourist attraction, and stated that adding other businesses and amenities for fly fishermen and others would be beneficial to community members as well. Cohen asked the representatives from MRI to address statements that he had heard concerning the employment numbers MRI had provided; Campagnolo stated that the 90 FTE's were based on past restaurant experience and what had been generated thus far in the marina aspect of the business. Farrell asked what the FTE's are at Joe's; Campagnolo guessed 40 FTE's,,and stated that their business would serve lunch, dinner, and late night customers, whereas Joe's served only dinner, making an estimate of 90 FTE's (including marina employees) conservative. Members asked about additional jobs; Flash stated that the fly fishing project would add 3 to 5 jobs, and that marina expansion could increase the number from the present 12. Cummings asked about the Coast Guard station; Bohn stated that the City, including staff from the Planning Department, and the NYSDEC were under negotiations to find a amenable solution to the use of the building. Cohen stated that the Coast Guard was interested in the site, mainly because of the docking; Bohn stated that the DEC wanted the flood control channel kept clear, and that the docking might not be available. Cohen further stated that alternate locations were being considered to accommodate Coast Guard functions, boating safety classes, and community fly-fisher programs. Cohen stated that he would try to gather more.information. Flash explained that MRI had tried to find alternate space for the Coast Guard,but that the Coast Guard had rejected all their options thus far. Farrell asked that Bohn read and explain the resolution; Bohn read the resolution, explaining history and reasoning when requested by members. Cohen stated that the additional loan contains the unlimited personal guarantees of the principal investors in the project, and Bohn stated that all the government loans to MRI contain unlimited personal guarantees of the principal investors. Cohen asked that "for which the projects' principals have pledged personal guarantees as security for these loans" be added to the resolution in the 2nd and 2nd-to-last WHEREAS sections. Cummings stated that she believed there was a belief in the community that the restaurant was a pet project of Cohen. Cummings further stated that she wanted to make it clear that at the beginning of the process, there was a full Community Advisory Committee review of all proposals, including MRI's proposal, and that all the members of the various boards, agencies, and committees that reviewed these proposals were appointed by the previous mayor(s). Cohen thanked Cummings for the clarification. Cohen stated that he had no personal involvement with the project, but acknowledged his friendship with IURA Special Meeting, 3-7-00, 10 Campagnolo and long acquaintance with Flash. Cohen also acknowledged his friendship with Nick Lambrou, a principal in the downtown hotel project. Cohen stated that he had made his judgements of the projects based on the data, and not on his acquaintance with any of the principal investors; he acknowledged public concerns, and reiterated his objectivity. Cohen further stated that the MRI project was an important project for West End development and had already sparked other redevelopment interest. CARRIED unanimously. Cohen asked Bohn to present an outline of the CDBG program(see V-1). IV. BUDGET AND ADMINISTRATION COMMITTEE IV-1 CITIZEN PARTICIPATION PLAN,AMENDMENT-RESOLUTION Cummings introduced the resolution, and Bohn reviewed some of the alterations to the plan. Cummings/Burlington moved/seconded the following resolution: WHEREAS, a Citizen Participation Plan for the City of Ithaca was developed and adopted on March 22, 1983 in order to give citizens an adequate opportunity to participate in the preparation of all applications for the City's Community Development program and in implementation, monitoring, and evaluation of the approved activities, and WHEREAS,. "the Plan was subsequently amended on November 12, 1998, and WHEREAS, recent "Requests for Applications" and "Notices of Funding Availability" from funding agencies have provided less than 12 weeks to submit applications, resulting in practical difficulties in complying with the citizen participation processes contained in the Plan, and WHEREAS, the Planning & Administration Committee of the LURA has reviewed and recommended approval of the proposed 3/7/2000 amendments, including provisions to streamline, the process by replacing the appointed Community Advisory Committee with multiple community input meetings, now, therefore be it RESOLVED,the Ithaca Urban Renewal Agency hereby adopts the attached 3/7/2000 amendments to the Citizen Participation Plan for the City of Ithaca/IURA, and be it further RESOLVED, the revised Citizen Participation Plan shall become effective immediately. CARRIED unanimously. IURA Special Meeting, 3-7-00, 11 IV-2 STAFF CONTRACT, CONTRACT MONITOR- RESOLUTION Cummings introduced the resolution, and Cohen stated that the resolution would bring all present employees contracts into the same schedule, and leave them available to be reviewed sooner for salary increases as well as prevent the review from occurring at the same time as CDBG grant application. Cummings/Farrell moved/seconded the following resolution: WHEREAS, The Community Development (CD) Contracts Monitor's annual contract expired on November 16, 1999, and WHEREAS, The Community Development (CD) Planner's annual contract expired on September 10, 1999, and WHEREAS, the last of the three addenda extending the above mentioned contracts will expire March 31, 2000, and WHEREAS, there is a desire to bring all permanent employee contracts into one similar timeframe to end December 31 and to begin January 1 annually, WHEREAS, the Budget and Administration Committee of the Ithaca Urban Renewal. Agency (IURA) has recommended to the full IURA board to accept and approve the CD Contracts Monitor, CD Planner/Acting Administrator contracts, and WHEREAS,.-the Budget and Administration Committee of the Ithaca Urban Renewal Agency (NRA) has recommended to the full TURA board to accept and approve an extension of the CD Administrative Coordinator Contract through December 31, 2000, and therefore be it RESOLVED, that the Ithaca Urban Renewal Agency accepts and approves the Contracts Monitor contract dated April 1, 2000 through December 31, 2000 for Wies van Leuken at Step 1 of the FY2000 Community Development Grants Monitor Salary Scale, and be it further RESOLVED,that the Ithaca Urban Rene'val Agency accepts and approves the CD Planner/Acting Administrator contract dated April 1, 2000 through December 31, 2000 at Step 6 of the CD Administrator Salary Scale to return to Step 7 of the CD Planner Salary Scale once the permanent Administrator position is filled, and be it further RESOLVED,that the Ithaca Urban Renewal Agency accepts and approves the CD Administrative Coordinator contract amendment extending the CD Administrative Coordinator's contract through December 31, 2000, and be it further IURA Special Meeting,3-7-00, 12 RESOLVED, that the Ithaca Urban Renewal Agency authorizes the Mayor to sign the above mentioned contracts and extension, pending review by the City Attorney and the Executive Director of the IURA. Cohen asked Van Cort to clarify, in the second "RESOLVED," what is meant by "...to return to Step 7...." Van Cort explained that it preserved Bohn's ability to return to the CD Planner position should he no longer be the Acting CD Administrator. After discussion, Van Cort also stated that the language did not prevent the appointment from becoming permanent at some point in the future. Further discussion occurred, concerning staffing, job descriptions, and future staffing needs, including an additional staff member in the near future to assist with CCI and other large scale projects. Lucy Brown asked for clarification about the process; Cohen stated that Bohn had been appointed Acting CD Administrator, and that no determination had been made as to whether a public job search would be made when the Agency decided to hire a permanent CD Administrator, or if there would be an internal promotion. Cohen stated that he was pleased to be able to vote on this resolution, providing stable contracts for very capable and loyal staff members who have done an excellent job; Cohen further stated that he hoped that it was clear that extending the contracts through the end of the year was interpreted as a commitment by the Agency to the Bohn, Hauger, and van Leuken. Cohen thanked them for their loyalty and the quality of their work. CARRIED unanimously. Themeeting continued with agenda item V-3. V. DEVELOPMENT OF FY 2000 CDBG SMALL CITIES GRANT APPLICATION V-1 PROGRAM OUTLINE -N. BOHN Bohn gave a history of the CDBG process, discussing this differences between single-purpose and comprehensive grants and what each entails. Bohn stated that the IURA wanted to hear from any and all community members regarding needs that could be addressed by CDBG funds for consideration for inclusion in the application. Bohn further stated that inclusion in the application was very competitive, and that the State was looking for a location-coordinated application. Cummings asked that the Agency address projects that were unable to be funded within the 2000 CDBG. Bohn stated that projects submitted are kept on the table, and as appropriate funding arises, they are then considered for funding. Cummings stated that the point was not to send projects away, but to make as competitive an application as possible. Once Bohn completed his remarks, the Public Hearing began (see II-1, page 2, 2nd to last paragraph). 'URA Special Meeting,3-7-00, 13 V-2 COMPETITIVENESS/SCORING CONSIDERATIONS-H. SICHERMAN Cummings asked if a comprehensive grant required a housing component; Bohn stated that 4 of 10 requirements needed to be filled and that housing was generally a high priority when addressing a neighborhood. Brief discussion occurred concerning housing projects. Sicherman stated that his understanding is that an additional small cities grant would be coming through in the fall of 2000. Sicherman explained that he saw the Southside (as determined by census data) as the primary target neighborhood. Sicherman stated that the lack of serious public facilities needs weakened the application, but that the application could be crafted into a strong proposal. Cohen asked about the hotel project; Sicherman stated that if the hotel project were `together' (no feasibility issues, funding in place, etc), then the application would be much stronger. Discussion ensued concerning the hotel project; Sicherman stated that few good ED projects were included in applications, and that a solid hotel project would help, but that a weak project would hurt immensely. Discussion ensued concerning target areas; Sicherman stated that putting more effort into a smaller target area would make the application stronger. Sicherman stated that the INHS housing proposal was the strongest component in the Southside Neighborhood. Sicherman stated that lighting, safe pedestrian walkways, and the linear park are good projects as well, and that a mix of small projects scores better than a few large projects. Sicherman stated that code enforcement in the Southside would be an inexpensive way to address rental housing needs, as over 50% of housing in the neighborhood was rental housing. Discussion ensued. Cummings mentioned about sidewalk construction on the west side of Meadow Street. Sicherman suggested that subsidized Daycare projects should be explored for the next grant if not for this one, as it was service and job creation oriented. Bohn stated that he had spoken to Hicks about expanding the Southside Community Center's daycare program, and that the Daycare Council had mentioned their three largest needs: infant care, non-traditional hours care, and drop-in care. Cohen asked that a needs assessment be done; Bohn stated that the Daycare Council was embarking on an assessment. Discussion ensued concerning feasibility of daycare. Discussion occurred about target areas; Agency members agreed that the Southside be pursued as the main target area, with the downtown as the locus for additional programming, especially for ED projects. IURA Special Meeting, 3-7-00, 14 V-3 IURA REVIEW OF PROPOSED ACTIVITIES After completing IV-2, Bohn stated that the Agency needed to determine a geographic focus area. Cohen introduced Sicherman and moved to agenda item V-2. V-4 IURA RECOMMENDED FY 2000 CDBG APPLICATION-RESOLUTION Tabled, no action taken. VI. NEXT MEETING DATE: (TUESDAY) MARCH 14, 2000, 4 PM - 7PM Date accepted; the Agency agreed to meet for a three hour meeting to work on the CDBG grant application. VII. ADJOURNMENT The meeting was adjourned at 6:55 PM. end 5/3/2000 ARS/ars /0--X,1, IURA Minutes,3-14-00, 1 Minutes of a Special Meeting of the Ithaca Urban Renewal Agency 4:00 PM,Tuesday,March 14,2000 Common Council Chambers,City Hall APPOUVED PRESENT: IURA Members Jill Burlington, Alan Cohen, Susan Cummings (4:40), Tracy Farrell, Eric Rosario Staff Nels Bohn, Warren Currier, Doug McDonald, Ellen Morris-Knower, Wies van Leuken, Adam Smith Others Sonia Hicks, Harry Sicherman, Scott Witham, Cynthia Yahn CALL TO ORDER Meeting was called to order at 4:18 pm by Cohen, LURA Chair. II. DEVELOPMENT OF FY 2000 CDBG SMALL CITIES GRANT APPLICATION II-1 REVIEW AND SELECTION OF PROPOSED ACTIVITIES Cohen began by stating that he believed that the strongest non-housing project is the downtown hotel project, and for that reason the proposed activities should be considered in two tracks, one with the hotel and one without. Bohn concurred and gave short updates on the Women's Community Building's proposed Community Kitchen, the Southside Community Center's Computer Lab proposal, and the Youth Bureau's Mechanical All-Stars project; Bohn also stated that the Acting Building Commissioner, Phyllis Radke agrees with the idea of enhanced code enforcement. Cohen then asked Sonia Hicks to speak on the Southside Community Center projects. Hicks discussed funding,options for the High School Drop-Out and the Computer Lab programs, including collaborations with other organizations and reducing the costs of the Drop-Out program. At this time, stated Hicks, the Center is only certified for after-school care, but is likely to be certified for all-day care without too much difficulty; day care is an important part of creating day long programs. After listening to Hicks' discussion of the two programs, Cohen affirmed his support for both programs, but stated that he felt that there were too many unanswered questions about the Drop-Out program. Hicks stated that the Computer Lab was the most critical project and that she was willing to postpone the Drop-Out program in order to insure that the lab was funded. Discussion between the IURA members and Hicks then occurred, detailing questions and issues that the members felt were important to answer before the High School Drop-Out program could be funded. NRA Minutes,3-14-00,2 Cohen then called for staff recommendations. Bohn stated that the staff recommendations were also divided into two tracks, one with the downtown hotel project and one without, as listed on the "CDBG 2000 Grant Preparation Working Paper." Discussion began with questions from the members about the housing component of the application, particularly questions about INHS's House Recycling plans and the Henry St. John Gym Conversion. Sicherman suggested that the House Recycling program was a stronger program. Concern was expressed by Rosario and Cohen about INHS's ability to carry out the programs they have proposed. Cummings expressed dismay that few representatives of organizations sponsoring proposals had come to the meeting. It was decided that an additional meeting be held to which proposal sponsors would be invited to answer the members' questions. Discussion about demolition occurred, including 314 S. Plain, 509 W. Clinton, and 519 W. Clinton. Cummings stated that she was unwilling to see demolition occur, and Farrell felt that more information would be necessary before a decision was made. Sicherman strongly suggested that the Agency fit all projects considered into the Southside target area, unless they are ED projects, which can be located anywhere in the community and still be strong candidates for funding. Bohn listed the projects that were non-ED and outside of the target area as listed on "Summary Table of Funding Proposals Submitted." Cohen_asked Scott Witham answer questions about the Historic Ithaca State Theatre Restoration Project. Witham stated that the project would result in 6 Full Time Equivalent (FTE) employment positions without considering performers or crew for productions. Witham further stated that the strongest effect of the project would be in the ancillary benefits,particularly the enhanced aesthetics, greater use of the building, and the beginning of a theater district in the downtown area. Sicherman stated that the request was ineligible, as money could be given at a maximum of$50,000/FTE, totaling $300,000. Sicherman also expressed concern for the total cost of the project and Witham stated that the project was being done in phases, this money being earmarked for Phase II. After discussion, Cohen requested that eight (8) copies of Historic Ithaca's Business Plan for the State Theatre be given to the TURA by March 15th, and that the IDP (Ithaca Downtown Partnership) information on the Theater Project be delivered ASAP. In addition, it was recommended that the money be allocated for Phase I of the project if at all possible, as funding for the preparation and opening of the theater would be a stronger project for this cycle. Discussion ensued, concerning focusing the FY 2001 CDBG grant on the downtown area. Cohen then began discussion of other ED projects. Sicherman stated that the Boat Rental Project was a fine idea, but not a strong candidate. The Commercial Kitchen was considered to be a good proposal, but that funding might be better arranged from other funding sources, such as UDAG funds or the CD-RLF. IURA Minutes,3-14-00, 3 Cynthia Yahn (Building Links, Inc.) indicated that she had to leave, but stated that she would be willing to supply information and answer questions at another time. It was decided that another meeting would need to occur soon. Cummings asked if Building Links's proposal could be arranged to benefit the target area, and Yahn stated that it could. ED discussion resumed with the CEO Business Resource Center. Sicherman stated that the project did not fit well into this application. Bohn indicated that the PAH Electronic Assembly program would be better funded through the CD-RLF. Bohn indicated an interest in the Pedicab idea, but that it would be better as part of a downtown package and recommended that the Agency wait until the next funding cycle (expected during the fall of 2000) for this project. Cohen began the discussion of public facility projects. Sicherman stated that if the hotel project came through, the application would be strong without a public facilities component. Without the hotel project, Sicherman stated that public facilities projects would be important and that it would be atypical for a community not to request funding for public facility projects. Sicherman recommended traffic calming and pedestrian public facility projects. Discussion ensued concerning the 200-500 blocks of S. Plain. Morris-Knower indicated that engineers from the City were not concerned with sidewalks, drainage, or water for the area, and that flooding was considered to be a minor problem at this time. Lighting for the area was discussed, and Cummings and Farrell suggested that additional input be gathered from area residents before any decision was made. The discussion turned to Titus Park and the footbridge located there. Morris- Knower stated that lighting plans connected the Park's lighting to S. Plain's lighting. Cummings stated that the bridge was a crime location, including muggings and other assaults, as well as a blighting influence. Morris-Knower stated that an estimate of cost would be performed. After arranging the next meeting of the TURA and Burlington's departure, Cohen summarized the discussion of Track 1 (with hotel): • Housing Proposals: questions to be answered on March 21. • Facilities Proposals: need further discussion and additional ideas, research on the footbridge and lighting for Titus Park as well as the 200-500 blocks of S. Plain. • Services Proposals: Bohn to deal with rental housing and code enforcement issues; need further discussion on how best to deal with condemnation issues; enhanced code enforcement as a new, temporary position for the term of the grant unless additional funding is found. Cohen resumed the Public Service proposal discussion with the Mechanical All- Stars proposal; after discussion, questions were raised as to whether the program truly filled a need in the community or not. The proposal was set aside, but Sicherman suggested that a remediation of the abandoned gas station on W. NRA Minutes,3-14-00, 4 Clinton (where the program might have been housed) would rate well for funding. Discussion ensued concerning the best way to deal with the site, with Sicherman strongly recommending that the property be purchased and cleaned by the IURA/City with the use of matching local funds. Discussion continued concerning future use of the building, including possible uses by the CEO program or as a daycare facility. Discussion then moved to the Sciencenter proposal. Cohen proposed that the Sciencenter proposal be moved into the target area, and asked that Hicks and Charlie Trautmann (Executive Director of the Sciencenter) be approached about a collaboration. Bohn agreed to broach the subject. Discussion returned to housing proposals, with Sicherman stating that housing is the most critical need and the strongest component of the application this year. Members reiterated concerns that INHS would be taking on more than they could manage, but postponed any decision until hearing from INHS at the next meeting. Van Leuken stated that from the INNS Activities funded with CDBG funds, since 1993, only 3 had not been complete. At this time, 402 S. Cayuga was recommended for demolition. Cummings stated that she would be willing to see 402 S. Cayuga demolished. Farrell agreed that 402 S. Cayuga was a prime candidate for demolition, and that she might be willing to consider other properties after some research. Sicherman said that 402 S. Cayuga, although just outside the target area, was certainly a strong candidate for funding, as it had a blighting influence on the target area. Cohen requested a cost estimate for demolition of 402 S. Cayuga. FarrellingUired about the downtown hotel proposal, and Sicherman stated that it was. a strong proposal, and that although it was not a concrete project, the investors were serious in their interest. Sicherman further stated that the Agency was unlikely to have definite word by April 28 as to whether the project was going to take place or not, but that it was likely to be helpful for the application and that monies could be reprogrammed if awarded. Rosario expressed concern for the architectural design and was reassured by Cohen that the hotel would undergo site plan review. Sicherman stated that if the hotel project was included in the application and it fell through before the grant was awarded, it would leave the application very weak. Staff was asked to pursue the lighting project on the 200-300 blocks of S. Plain, and to gather more information from the residents of the 400-500 blocks before further planning occurred. II-2 BUDGETING OF SELECTED ACTIVITIES Tabled, with no action taken. III-3 IURA RECOMMENDED DRAFT FY 2000 CDBG APPLICATION — RESOLUTION FORTHCOMING Tabled, with no action taken. IURA Minutes,3-14-00, 5 III. BUDGET AND ADMINISTRATION COMMITTEE III-1 AUTHORIZATION TO ADVERTISE PERMANENT COMMUNITY DEVELOPMENT ADMINISTRATOR STAFF POSITION—RESOLUTION FORTHCOMING Recommended back to the B & A Committee for discussion, pending the submission of a job description. III-2 AUTHORIZATION TO ADVERTISE COMMUNITY DEVELOPMENT PLANNER STAFF POSITION — RESOLUTION FORTHCOMING Recommended back to the B & A Committee for discussion, pending the submission of a job description. IV. OTHER BUSINESS No other business. V. NEXT MEETING DATE: (TUESDAY) MARCH 21, 2000, 4PM After the discussion of Titus Park (see II-1) Cohen suggested that another meeting of the JURA be set for March 21, 2000, to which proposal sponsors would be explicitly invited and told to be prepared to answer member's questions about their projects. An additional meeting was tentatively scheduled for March 29, 2000 after 6:00 pm if necessary. The meeting then resumed at II-1 with Cohen's summary of Track 1 discussion. VI. ADJOURNMENT The meeting was adjourned at 7:25 PM. end 3/17/2000 ARS/ars a-J / S z Z/ -1 11,:.1)1,..,,59• •► " j IURA Minutes, 1 Minutes of a Special Meeting of the Ithaca Urban Renewal Agency 4:00 PM,Tuesday,March 21, 2000 Common Council Chambers, City Hall Ar , , Z� ` I II! Ails PRESENT: IURA Members Jill Burlington,Alan Cohen,Tracy Farrell, Eric Rosario Staff Nels Bohn,Doug McDonald,Ellen Morris- Knower,Adam Smith,Wies van Leuken, Matthys Van Cort,Harry Sicherman Others Kevin Harlin, Elizabeth Harness, Sonia Hicks, Paul Mazzarella, Cili Shannon, Deirdre Silverman, Charles Trautmann, Scott Witham, Patrick Woods, Cynthia Yahn CALL TO ORDER Meeting was called to order at 4:18 pm by Cohen. IL CHERRY STREET INDUSTRIAL PARK—REQUEST TO ASSIGN LEASE INTEREST, PRECISION FILTERS,INC.—RESOLUTION Bohn explained that Precision Filters, Inc. was requesting that their lease be assigned as collateral as part of a_refinancing of their business, and that Mariette Geldenhuys, legal counsel for the IURA, saw no problem with their request and had only minor revisions requested to add to the resolution that Precision Filters,Inc.'s attorney submitted to the IURA.Van Cort indicated that he saw no problem with assigning the lease and that it was required by Precision Filters, Inc. as soon as possible. Members stated that they did not want to take action on this matter until they had more information and time to consider it. Tabled,with no action taken pending a review of the lease and the request by the Agency. III. DEVELOPMENT OF FY 2000 CDBG SMALL CITIES GRANT APPLICATION IH-1 SELECTION OF PROPOSED ACTIVITIES Cohen asked that Paul Mazzarella of INHS come forward to answer the Agency's questions in relation to the INHS proposals and began by asking about any outstanding balances for previous awards. Mazzarella stated that only two projects had been behind schedule in the past twenty years, and those projects had been slow due to the housing market rather than a deficiency on the part of INHS. Cohen then asked how long it would take for CDBG funds to be used for House Recycling on the Southside. Mazzarella stated it would take three years to spend down the funds because INHS was involved in projects other than the Southside proposal. Cohen posited a condition on the grant award that properties in the program be turned into owner-occupied single family/duplex homes and Mazzarella stated that that was the direction INHS wanted to go with the program. Rosario stated that he had community input stating that the cost of INNS rehabilitated homes was often too high for community members who would like to own homes, and asked what could be done to further assist potential buyers. Mazzarella stated that there was a financial threshold that must be reached by potential buyers, given that the houses are already deeply subsidized,but that INHS was attempting to help low-income buyers by partnering with AFCU in IURA Minutes,3-21-00,2 a savings program. Mazzarella pointed out a map that INHS had created, showing the high priority properties in the Southside for INHS's program, and stated that there was a larger list of potential properties to be acquired in case the indicated properties were unavailable. Mazzarella was thanked for providing additional information,as the Agency had no further questions. Van Cort asked the Agency to create as definite a selection and budget as possible during the meeting, as he was very concerned that the staff would not have sufficient time to prepare the application if the process continued for much longer. Van Cort then left the meeting. Cohen asked that Sonia Hicks,Cili Shannon, and Charles Trautmann come forward to explain and answer questions about their proposal for cooperation between the Sciencenter's "Computer Clubhouse" and the Southside Computer Program (co-sponsored by Cornell COPC). A handout was distributed, detailing the cooperative plan. Trautmann asked about an increase in funding to provide transportation for the students; Farrell and Cohen suggested that the Bus Pass Program (funded through other sources than CDBG) may cover the transportation concerns without requiring additional CDBG funding. Sicherman asked how the programs would be maintained once the CDBG funding runs out; Shannon stated that they had already begun looking for additional grants, and that CDBG funding would encourage awards from other organizations. Rosario asked how evaluation of the program would occur; Trautmann stated that funds had been budgeted for outside evaluation and Shannon stated that she would be devising an evaluation protocol, to be administered by graduate students and herself. Members expressed enthusiasm for the cooperative plan. Hicks, Shannon, and Trautmann were thanked for providing additional information, as the Agency had no further questions. Cohen asked that Scott Whitham of Historic Ithaca come forward to answer questions about Historic Ithaca's request for funding. Whitham referred to the packet sent by Historic Ithaca to the LURA which contained information on the history of the project, costs, phases, and the present shortfall. Burlington asked what had been done with the State Theatre since Historic Ithaca's purchase of the building;Whitham stated that stabilization of the structure had occurred to prevent water damage from a leaky roof as well as fundraising. Rosario asked Whitham to clarify what was meant by "donated labor and materials" in the packet. Whitham stated that contract work would be done by professionals, but that the general clean-up would be done by members and community volunteers. Sicherman asked what the result would be if the project were funded; Whitham stated that the theater would be open and functioning, with performances, speakers, and shows regularly scheduled. Cohen asked for financial modelling of ancillary benefits of the theater's opening; Whitham stated that Gary Ferguson of the Ithaca Downtown Partnership was compiling that data and would have it by April 15`h. Discussion of the future refurbishment plans ensued,ending with Whitham stating that the proposal's inclusion in the CDBG application would encourage financial support from other sources.Farrell asked whether the theater would be able to open if the LURA was unable to provide the full requested award; Whitham stated that the shortfall could be met through fundraising.Discussion of the job creation provided by the proposal ensued, with Sicherman stating that the IURA could ask for approximately $100,000 for the proposal based on a$35,000/FTE, with three FTE's created. Sicherman further stated that the combination of the reopening of the State Theatre and the creation of a downtown hotel would have a synergistic effect on the revitalization of the downtown area. Whitham was thanked for providing additional information as the Agency had no further questions. Deirdre Silverman, Director of Community Programs at AFCU, asked to speak to the Agency in reference to their proposal for the CEO program. Silverman stated that AFCU was disappointed not to be in consideration for funding in this application and detailed the history of the CEO program. Silverman and Patrick Woods, the Director of the CEO program detailed the present needs of the program. Silverman stated that while AFCU was committed to supporting the CEO program, the program was not a core activity of AFCU and that organizations monitoring AFCU discouraged AFCU's continued support of the program. Cohen stated that funding could be considered in next year's application or found from other sources, and that the computer needs of the CEO program might be met by a partnership with the Southside Community Center. Silverman LURA Minutes,3-21-00,3 and Woods were thanked for providing additional information as the Agency had no questions. Cynthia Yahn of Building Links was asked to come forward to answer questions about Building Links's proposal for the Supported Living Program. Yahn stated that they were looking for $40,000 in funding to increase the counseling staff as part of a $150,000 total budget in order to decrease the burden on volunteers which have been covering the workload for four years. Bohn asked whether or not the program fits within the target area; Yahn stated that a percentage of participants originated in the Southside neighborhoods, but that the participants come to the program directly from rehab or treatment centers. Yahn offered to compile data on participants originating in the Southside. Farrell asked if the residences were located on the Southside; Yahn stated that they had no housing units on the Southside, and that they were asking for program funds, not housing funds. Yahn was thanked for providing additional information as the Agency had no further questions. III-2 BUDGETING OF SELECTED ACTIVITIES Bohn asked that the Agency decide upon the core activities for the application, given that the application would fund the hotel project at $300,000. Bohn recommended that selected core activities be aimed at the target area, and reminded the members that only$465,000 could be used to fund additional activities. Discussion began with the abandoned gas station at 311 S. Corn St. Members identified it as a top priority and recommended that the staff pursue acquisition. Bohn stated that the present owner's insurance policy covers remediation after a deductible, and that removal of the tanks was estimated to cost$40,000. Members then discussed the demolition of 402 S. Cayuga; Bohn stated that estimates priced demolition to the foundation at $60,000 and demolition including removal of the foundation at $90,000. Rosario asked why the IURA did not sell the property when developers showed interest; Cohen stated-that it was in the best interests of the City to maintain control over the property, as residents expressed interest in the creation of a parking lot. Sicherman stated that this project was a solid addition to the application. Burlington asked if the Henry St. John gym conversion was still being considered; Cohen stated that it was his interest keeping it in contention, but that he was willing to support excluding the project to allow inclusion of other proposals in the application. Cohen asked why the administrative percentage taken in this application was higher than normal; Bohn stated that the 15%cut for administrative funds would also include funding for staff efforts in program delivery. Cohen proposed that the$900,000 be disttibuted thusly: • INHS $225,000 • Enhanced Code Enforcement $ 30,000 • Combined Computer Projects $ 75,000 • Hotel $300,000 • Historic Ithaca—State Theatre $ 75,000 • 311 S. Corn St. $ 40,000 • 402 S.Cayuga St. $ 30,000 • Administration $125,000 $900,000 Sicherman stated that the application would be stronger if it included public facilities funding, and that$100,000 to $150,000 would be a competitive amount of facilities funding to include. Farrell NRA Minutes,3-21-00,4 suggested that the lighting project be a phased project, with funding in this application for Phase I. Cohen asked about reprogramming of funds; Bohn stated that those monies had already been committed to other uses and were waiting for submission to HUD for approval. Sicherman stated that in most applications, drainage issues are the most common public facilities projects; however, the percentage of vacant, condemned, or blighted structures in the target area was high enough to be strengthen the application. Sicherman stated that funding for sidewalks was trivial, but that lighting could be valuable. Discussion ensued concerning lighting on the bridge at Titus Park; Bohn stated that the preliminary estimated cost for opening the sides of the bridge was $25,000 and the cost of building a new, wider bridge was$60,000. Bohn stated that staff would pursue the acquisition of 311 S. Corn St and additional information on the S.Plain St. lighting project.Farrell left at 6:00 pm. Samms asked that the importance of funding the hotel project at$300,000 be explained, as she felt that the funding could be better used to support other projects. Sicherman stated that the hotel project was a significant and impressive ED project and that it was a very important addition to the application; funding it at a lower rate would not look any less impressive, Sicherman continued, but less funding might kill the project. Sicherman stated that the hotel was a far stronger ED project than the theatre,but that having both projects in the application would be very competitive under the Main St. Revitalization criterion. Discussion ensued concerning the ideological background of HUD and what types of projects were seen as more valuable than others. Cohen stated that the investors needed assistance to make the project viable, and that it was in the best interests of the City to support the project and the investors. III-3. LURA RECOMMENDED DRAFT FY 2000 CDBG APPLICATION — RESOLUTION Tabled,with no action taken. IV. OTHER BUSINESS No other business. V. NEXT MEETING DATE: (WEDNESDAY)MARCH 29,2000,6:15PM Date accepted. VI. ADJOURNMENT The meeting was adjourned at 6:15 PM. , end 3/22/2000 ARS/ars _ -/ a S�, Gd 7 -1 n AA D D D O IURA minutes, 3/29/00, page 1 v � Minutes of a Special Meeting of the Ithaca Urban Renewal Agency 6:15 PM,Wednesday,March 29, 2000 Common Council Chambers, City Hall 8.11-1—‘PH..„(� r , v � � PRESENT: IURA Members Jill Burlington, Alan Cohen, Susan Cummings, Tracy Farrell, Eric Rosario Staff Nels Bohn, Warren Currier, Doug McDonald, Ellen Morris-Knower, Adam Smith, Wies van Leuken Others John Barney, Don Chandler, Chris Furst, Scott Whitham CALL TO ORDER Meeting was called to order at 6:19 pm by Cohen. II. CHERRY STREET INDUSTRIAL PARK—REQUEST TO ASSIGN LEASE INTEREST, PRECISION FILTERS,INC.—RESOLUTION After completing discussion of agenda item III, Bohn gave a history of the Precision Filters lease, and stated that the staff was in strong support of assigning the lease as requested. Farrell/Cummings moved/seconded the following resolution: • WHEREAS, Precision Filters, Inc. leases property from the Ithaca Urban Renewal Agency at 240 Cherry Street, Ithaca, New York, pursuant to the terms of a 99 year lease dates October 20, 1980; and WHEREAS, Precision Filters, Inc. is in the process of arranging financing with BSB Bank & Trust Company tb enable Precision Filters, Inc. to continue its business at the Cherry Street Business Park; and WHEREAS, as a condition of such financing the lender had required Precision Filters, Inc/to grant to the lender a$600,000 Subordinated Collateral Mortgage on the leasehold interest of Precision Filters, Inc; and WHEREAS, the Lease Agreement between the Ithaca Urban Renewal Agency and Precision Filters, Inc. requires the Ithaca Urban Renewal Agency to consent to such mortgage; and WHEREAS, Precision Filters, Inc. had requested the consent of the Agency and the Agency is willing so to consent; now, therefore be it a IURA minutes, 3/29/00, page 2 RESOLVED, that the Ithaca Urban Renewal Agency hereby consents to Precision Filters, Inc., granting a $600,000 Subordinated Collateral Mortgage to BSB Savings Bank and Trust Company on the interest of Precision Filters, Inc. in the Lease between the Ithaca Urban Renewal Agency and Precision Filters, Inc. dated October 20, 1980, such mortgage to contain such terms and conditions as Precision Filters, Inc. may approve, its execution of such mortgage to be due evidence of such approval, and a copy of such mortgage to be provided to the Ithaca Urban Renewal Agency within five business days of the date of closing; and it is further RESOLVED, that the Chairman and Executive Director, or either of them is hereby authorized and requested to execute such certificates, estoppel notices, consents, and any other agreements deemed necessary or desirable by either of them in order to effectuate the consent to mortgage granted by this Resolution. Discussion ensued concerning why Precision Filters, Inc. did not intend to exercise their buyout rights to the property, rather than continuing the lease. Further discussion ensued concerning the City's interest in the future ownership of the property, should Precision Filters. Inc cease to do business or default on their obligations. Cohen asked that the IURA/City be given first refusal rights to purchase the property in case of default; Barney stated that he felt that such a requirement was unreasonable given the lease signed. Cohen left the meeting at 6:50,.and discussion continued. Bohn suggested that in case of a foreclosure, the bank be required to give notice to the IURA/City. Barney stated that he believed that would be amenable to the bank. Rosario asked that the revised resolution (including the request for notification) be reviewed by IURA counsel Mariette Geldenhuys. Members voted on the resolution with amendment (notice of foreclosure). CARRIED unanimously. III. DEVELOPMENT OF FY 2000 CDBG SMALL CITIES GRANT APPLICATION III-1 SELECTION OF PROPOSED ACTIVITIES No discussion. III-2 BUDGETING OF SELECTED ACTIVITIES Cohen explained the table entitled, "IURA Recommended Grant Activities and Budget," directing members to consider the budget line entitled, "3/29/00 Alternate #2 Staff-Proposed CDBG Funding." Discussion ensued concerning IURA minutes, 3/29/00 , page 3 funding levels, particularly to the hotel project and the State Theatre project. Cohen stated that funding could potentially be drawn from UDAG funds to assist the theater refurbishment. Cohen asked members if they were comfortable with the budget as proposed, and all but Cummings assented. Cummings asked if staff had any concerns; Bohn stated that it was critical that matching funds be provided for 311 S. Corn. St and 402 S. Cayuga St in order for the projects to be successful. Cummings stated that she was uncomfortable with matching funds from UDAG monies, but that the projects were important and that she was willing to see the money used in this case. Discussion ensued concerning the cost lighting on S. Plain St and in the Fair St. Park; Farrell suggested that park funds be used if eligible, but Cohen stated that there were too many uncertainties to commit the funding. III-3 IURA RECOMMENDED DRAFT FY 2000 CDBG APPLICATION — RESOLUTION Farrell/Rosario moved/seconded the following resolution: FY 2000 Small Cities Community Development Block Grant Application WHEREAS, on February 25, 2000 the Empire State Community Development Corporation issued a Request for Applications (RFA)for the New York State administered Small Cities Program under the Community Development Block Grant(CDBG) program, and WHEREAS, -the RFA authorizes Ithaca to apply for a grant of up to$900,000 through the "Comprehensive"competition that involves two or more related activities to undertake a strategy that deals comprehensively with the community development problems of a particular area in the funding categories of housing, public facilities,economic development and public services,and WHEREAS, each activity within the CDBG grant application must meet one of the national objectives for(1)benefit to low-and moderate-income persons, (2)elimination of slums or blighting conditions, or(3)meeting community needs having a particular urgency, and WHEREAS, the IURA recognizes the need to support efforts to promote neighborhood revitalization through provision of quality, affordable housing, creation of employment opportunities, improvement of public facilities and increased public services that principally benefit Ithaca's low-and moderate-income population and the remediation of blighting conditions, and WHEREAS, the CDBG grant application is due on April 28, 2000, and WHEREAS, the IURA solicited funding proposals on February 17, 2000 from citizens, for- profit and not-for-profit organizations, and IURA minutes, 3/29/00 , page 4 WHEREAS, in compliance with the Citizen Participation Plan,the LURA held two Community Input meetings on February 23, 2000 at GIAC and February 24, 2000 in the Southside Community Center, and a public hearing on March 7, 2000 to gain public input on the formulation of the application, and WHEREAS, the LURA evaluated the proposals submitted and considered alternative activities in the context of community development needs and the grant rating criteria at meetings held on march 7th, March 14th, March 21st and March 29th to develop a list of recommended activities to include in the grant application,now,therefore, be it RESOLVED, that the IURA recommends that the Common Council direct and authorize the NRA to submit a$900,000 FY 2000 Small Cities CDBG application to include the following budgeted activities: Southside $215,000 'NHS House Recycling $45,000 Southside Community Center Computer Lab $40,000 311 S.Corn St. -Acquisition and Remediation $35,000 Plain St.Pedestrian/Bicycle Bridge—Lighting&Approaches $30,000 Targeted Code Enforcement $30,000 402 S.Cayuga St.Demolition&Clearance $25,000 Sciencenter Computer Clubhouse $420,000 Subtotal Downtown $275,000 Downtown Hotel Project .-"$;1 000 State Theatre Restoration,Phase I $350,000 Subtotal Administration $130,000 Administration $900,000 TOTAL and be it,further RESOLVED, that should the IURA determine that any of the above activities encounter feasibility issues that would hinder timely completion,the LURA recommends that the Common Council authorize the IURA to adjust activity budgets of the above activities to resolve feasibility and rating concerns and/or substitute one or more of the following activities: Substitute Activities $140,000 Plain Street Pedestrian Bridge Replacement $150,000 Street Lighting along S.Plain Street $130,000 Henry St.John Gym Conversion to 4-6 Apartments $60,000 S.Titus/South Street Sidewalk&Lighting $30,000 Fair Street Park Improvements, and be it further, IURA minutes, 3/29/00, page 5 RESOLVED, that upon exhausting other potential funding sources, including establishment of capital projects by the City of Ithaca,the NRA hereby authorizes the Chair to provide a written funding commitment from the IURA of matching funds from UDAG repayments in an amount adequate to implement the following CDBG activities: Match Activity $60,000 402 S. Cayuga St. Demolition&Clearance(total est.cost$90,000) $20,000 311 S. Corn St.-Acquisition and Remediation (total est. cost$60,000),and be it further RESOLVED, that the IURA hereby authorizes the Chair,upon the advise of the TURA Attorney and the Executive Director of the IURA, to execute any and all documents for the submission of a purchase offer and acquisition of 311 S. Corn Street in an amount not to exceed fair market value, and be it further RESOLVED, that the LURA recommends that the Common Council authorize the IURA to administer and implement all CDBG activities in accordance with applicable regulations, including,but not limited to,Title 24, Section 570 of the Code of Federal Regulations,and be it further, RESOLVED, that the Mayor,upon the advise of the City Attorney and the Executive Director of the IURA, is hereby authorized to execute any and all documents for the submission of this application and acceptance of funding. CARRIED unanimously. IV. OTHER BUSINESS No other business. V. NEXT MEETING DATE: (TUESDAY) APRIL 18,2000,4PM Date accepted. VI. ADJOURNMENT The meeting was adjourned at 7:15 PM. end 4/3/2000 ARS/ars • IURA Min s 5-23-00, 1 ..7)„7 Minutes of the Ithaca Urban Renewal Agency 4:00 PM,Tuesday,May 23,2000 Common Council Chambers,City Hall CA-4._ PRESENT: IURA Members Alan Cohen, Susan Cummings,Eric Rosario Staff Nels Bohn,Doug McDonald,Wies vanLeuken Others Bobby Lama,Ed Hooks,Brian Van Allen, Cynthia Yahn CALL TO ORDER Meeting was called to order at 4:15 by Cohen. H. APPROVAL OF MINUTES, IURA MEETINGS 2/21/000, 3/7/00, 3/14/00, 3/21/00, AND 3/29/00 Approved unanimously. III. STAFF REPORTS III-1 2000 CDBG GRANT APPLICATION Bohn reported that the application was created at an administrative cost of$35,000. Bohn added that the principals in the downtown hotel project were completing their fmancing package, and that should the State ask for an update on the project, the staff would be able to report that progress was being made in addressing feasibility issues. Rosario asked for Historic Ithaca's "spin-off economic development" information. The Economic Impact Assessment was provided to Rosario by Staff. III-2 OTHER REPORTS Bohn reported that an annual amount of$26,000 in bank interest for 1999 was returned to HUD annually as required by CDBG regulations. Bohn reported that an open house will be held by INHS at 119 Cleveland Ave as part of their house recycling project, and that an invitation had been extended to the IURA. Cummings requested that staff ask INHS to include the IURA members on their invitation mailing list. IV. ECONOMIC DEVELOPMENT IV-1 WEST END COMMERCIAL LOAN PROGRAM - PURITY ICE CREAM -RESOLUTION Rosario reported on the ED Committee's meeting, stating that the EDC recommends that the IURA waive the $50,000 cap on for this particular loan. Discussion ensued concerning e IURA Minutes, 5-23-00,2 funding and the ownership of Purity Ice Cream. Cummings expressed a concern that-she felt the d dasgd euere. �/ -1-LI size cF con NS SPrue k,,, , uitif-4 is.,ck a1vjayS ,uen td Sinq a �� ("IQ e rese,i-t atJn t9(---s- Li ,re co, t,',1(4,',, the StuNda✓c( so t, `fi/Ace b fise e-E0,1 .,S Ci.,,.10" / Rosario/Cohen moved seconded the folk ing resolution: J WHEREAS, Purity Ice Cream Co., Inc. has requested$100,000 in loan assistance to purchase various assets and fixtures as part of$204,850 Phase II Capital Improvement plan to retain over 15 FTE employees and create 6 FTE new employment opportunities over the next three years,of which at least 51%will be available for low-and moderate-income persons, and WHEREAS, the primary objective of the West End Commercial Loan Program is the economic revitalization of the West End neighborhood through financial assistance to create at least 15 jobs and leverage at least$150,000 of new private investment,and WHEREAS,the current geographic area eligible for assistance through the West End Commercial Loan Program is bounded by Fulton St. and Meadow Street and Court St.,leaving the Purity Ice Cream Co., Inc. site outside the target area, and WHEREAS,Purity Ice Cream Co., Inc.has operated at its present location of 700 Cascadilla St., generally considered within the West End neighborhood, since 1936 manufacturing, distributing and retailing ice cream,and WHEREAS, Purity Ice Cream Co., Inc. has committed at least$41,850 of equity into the project, and WHEREAS,Purity Ice Cream Co., Inc. has secured,or is in the process of securing, $63,000 in loan assistance for Tompkins County Trust Co. and the Tompkins County Area Development, and WHEREAS, at their May 9, 2000 meeting,the Economic Development Committee reviewed Purity Ice Cream Co.,Inc.'s loan application and recommended the following,therefore be it RESOLVED,that the IURA hereby approves a loan from the West End Commercial Loan Program to Purity Ice Cream Co., Inc. in accordance with the loan application and the following terms: maximum loan amount: $100,000 use of funds: various equipment, fixtures and fixed assets as detailed in the loan application term: 120 months interest rate: 1st year: interest only at 2% 2°d year: 3% years 3 — 10: 5% repayment: level monthly payments to fully amortize the debt over a term not to-exceed 120 months. NRA Minutes, 5-23-00, 3 conditions: creation of at least six full-time equivalent employment opportunities, of which at least four will be available to low-and moderate-income persons. collateral: • 1St lien on specific equipment being purchased including certain fixtures, obtain Pt mortgage waiver for$100K collateral • 2°d mortgage covering property located at 700 Cascadilla St. • subordinate lien on all corporate assets(accounts, inventory, furniture, fixtures and equipment (excluding above equipment and fixtures) • subordination of certain monies due Bruce Lane • 2°d lien on new freezer truck guarantors: Bruce R. Lane,Jr. and Heather G. Lane, each individually. Corporate guarantee of Eat Dessert Fruit, Inc. which is owned 50%by Bruce and 50%by Heather, and be it further RESOLVED,that if the requested CDBG amendment to redefine the eligible area for use of the West End Commercial Loan Fund is denied,then the Agency hereby waives the maximum loan limit of$50,000 for this application and approves the above loan from the CD-RLF, and be it further RESOLVED,that the LURA Chair,upon the advise of the Executive Director and City Attorney, is hereby authorized to execute all necessary and appropriate documents to implement this resolution,including,but not limited to,executing loan agreement documents. CARRIED unanimously. Cummings stated that her yes vote was contingent upon her concern about Purity's marketing strategy being noted. Cohen requested that staff communicate with Purity about Cummings's concern. IV-2 CHERRY STREET INDUSTRIAL PARK - ACCEPTANCE OF PARCEL #100.2-1 -RESOLUTION Rosario reported on the ED Committee's discussion of this issue. Cummings/Rosario moved/seconded the following resolution: WHEREAS, at their April 5, 2000 meeting, the Common Council of the City of Ithaca authorized conveyance to the IURA of an 8.2 acre parcel of land adjacent to the existing Cherry Street Industrial Park, known as Parcel 100.-2-1, for the purpose of extending development of the Cherry Street Industrial Park, and WHEREAS, the Common Council further resolved that subsequent development of this parcel be substantially in accordance with the policies, goals and objectives of the earlier development of the Cherry Street Industrial Park by the IURA, and t IURA Minutes, 5-23-00,4 WHEREAS, the City of Ithaca intends to submit a subdivision application for the newly acquired property to identify boundaries of parcels to be available for job creation activities by private sector entities and to establish the alignment of an extension of Cherry Street through the parcel, and WHEREAS, the Common Council further resolved that any net proceeds from the lease/purchase or sale of parcels as Cherry Street II is subsequently developed, after reimbursement to the IURA of expenses incurred by the IURA in the development, administration or management of Parcel 100.- 2-1, shall be returned to the City, and WHEREAS,the LURA is authorized to acquire and dispose of property in accordance with Article 15, Sections 506 and 507 of NYS General Municipal Law(GML), and WHEREAS,the LURA is authorized to dispose of property by outright sale or through various leasing or lease/purchase arrangements to qualified and eligible sponsors,and has previously entered agreements for the lease and sale of lots in the Cherry Street Industrial Park, and WHEREAS, Section 507 of GML requires that any proposed disposition is subject to approval by the Common Council after a public hearing held not less than ten days after the publication of a notice providing: (1)the identity of the proposed sponsor, (2)the price to be paid by the sponsor and all other essential terms and conditions of the disposition,and(3)proposed use of the parcel, and WHEREAS, the IURA Economic Development Committee recommended acceptance of the property at its May 9,2000 meeting,now,therefore be it RESOLVED,that the LURA hereby accepts conveyance of a portion of the 8.2 acre property known as Parcel 100.-2-1 to expand the Cherry St.Industrial Park, exclusive of land area required for a future public street extension of Cherry Street as shown on a Site Plan for Glyph Technologies,prepared by Tallman&Tallman Architects,dated April 3,2000, or as otherwise subsequently approved by the City of Ithaca Planning&Development Board, and be it further RESOLVED,that as a condition of this conveyance,no project will be approved by the IURA which would involve a change to the two delineated wetlands located toward the south end of Parcel 100.-2-1 without approval by the Common Council,and be it further RESOLVED, that such conveyance is subject to reimbursement of any expenses incurred by the LURA in the disposition, development, administration or management of the parcel from future proceeds from the lease and/or sale of parcels, and be it further RESOLVED,that the LURA hereby authorizes the City of Ithaca to act as the IURA's agent for the purpose of seeking subdivision approval for Parcel 100.-2-1, and be it further RESOLVED,that the TURA Chair,upon review by the LURA Executive Director and the IURA Attorney, is hereby authorized to sign any and all instruments necessary to accept conveyance of a portion of Parcel 100.-2-1 from the City of Ithaca,and be it further RESOLVED, that the LURA authorizes the Director of Economic Development to conduct preliminary negotiations with sponsors or potential sponsors for lease/purchase of Cherry Street Industrial Park lands for review and approval of proposed lease/purchase agreements by the IURA, and be it further IURA Minutes, 5-23-00, 5 RESOLVED,that it is the IURA's intention to convey back to the City of Ithaca any further extension(s)of the Cherry Street roadway, and be it further RESOLVED, that the IURA considers wetland"A"on Figure#6-"Cherry St. Extension Wetland Delineation,"prepared for the Southwest Area Land use GEIS also as an important environmental asset and directs staff to conveys its concerns about wetland"A"to the Planning& Development Board for consideration during site development plan review. Cummings asked that comprehensive maps and more information be provided for this type of issue in the future. McDonald distributed large maps of the parcel. Cohen reported on the approval cycle for the parcel. Discussion ensued concerning the use of the parcel and engineering details; Bohn stated that Engineering and the developer would have to work in close consultation on the street extension and utilities. Cummings stated that she wanted oversight of the process to ensure that the development would happen as smoothly as possible. Cohen suggested that the IURA convey a portion of the parcel back to the City, allowing the City to retain control and liability for it. Cohen/Rosario moved/seconded an amendment to the resolution, adding a RESOLVED to read: "RESOLVED, that it is the Agency's intention to convey back to the City of Ithaca that portion of land required for any further extension of the roadway, and be it further" Amendment CARRIED unanimously. Discussion ensued concerning the wetland areas of the industrial park and their individual legal status as determined by Common Council; Cummings stated that she wanted all the wetland areas to have equal standing in the resolutign. After a brief recess called by the Mayor, Cummings disclosed that her husband ee a parcel next to wetland 'A,' and that her concern is not because of potential negative impact on her husband's property, but that it is because of her familiarity with the site. Cohen/Rosario moved/seconded that another RESOLVED be added to read: "RESOLVED, that the IURA considers wetland 'A' to also be important and conveys its concern about wetland 'A' to the Planning Board for its consideration during site plan review, and be it further" Amendment CARRIED unanimously. Vote called by Cohen on the amended resolution. CARRIED unanimously. IV-3 DESIGNATE GLYPH TECHNOLOGIES,INC.AS AN ELIGIBLE AND QUALIFIED SPONSOR-RESOLUTION Rosario briefly reported on the ED Committee's creation of the resolution. Rosario/Cohen moved/seconded the following resolution: IURA Minutes, 5-23-00,6 WHEREAS, the IURA is authorized by Section 508 of Title 15 of General Municipal Law to dispose of property by outright sale or through various leasing or lease/purchase arrangements to qualified and eligible sponsors, and has previously entered agreements for the lease and sale of lots in the Cherry Street Industrial Park, and WHEREAS, Section 507 of GML requires that any proposed disposition to a qualified and eligible sponsor is subject to approval by the Common Council after a public hearing held not less than ten days after the publication of a notice providing: (1)the identity of the proposed sponsor, (2)the price to be paid by the sponsor and all other essential terms and conditions of the disposition, and(3)proposed use of the parcel, and WHEREAS, Glyph has a desire to lease/purchase land in the Cherry Industrial Park to construct a 24,000 sq. ft. facility, with additional land area for future expansions, and WHEREAS, the IURA seeks private sector firms to locate in the Cherry Street Industrial Park to create/retain employment opportunities, expand the tax base and diversify the City of Ithaca economy, and WHEREAS, Glyph Technologies, Inc. was incorporated in 1993 to design,manufacture and market solutions for the delivery of digital media data that facilitate recording, editing, and playback of digital media in audio and video production WHEREAS, Glyph currently operates out of leased premises located at 735 W. Clinton Street, and WHEREAS, 1998 financial statements for Glyph show almost a 50% increase in sales from the previous year to$6.1 million,and WHEREAS, Glyph has remained substantially current in their 1996 $100,000 loan with the IURA, and WHEREAS, Glyph reported employing 20 FTEs in 1998, thereby exceeding their job creation goals, has reportedly continued to increase employment opportunities and proposes to further expand employment opportunities over the next three years as part of the Cherry St. Industrial Park expansion project, and WHEREAS, Glyph's proposed expansion in the Cherry Street Industrial Park will yield significant public benefits in terms of, retaining a rapidly expanding business in the City, expanding the City's tax base, and providing a significant increase in employment opportunities, and diversifying the local economy, and WHEREAS,the LURA Economic Development Committee recommended the following action at its May 9, 2000 meeting,now,therefore be it RESOLVED,that the IURA hereby designates Glyph Technologies, Inc. as a qualified and eligible sponsor to lease/purchase an approximately three acre parcel of land in the expanded Cherry Street Industrial Park, subject to submission of: 1. a projected employment schedule documenting compliance with CDBG regulations,which require 51%of new employment opportunities to be available to low/mod income persons, and FY 1999 financial statements satisfactorily demonstrating continued financial strength and IURA Minutes, 5-23-00,7 stability of the proposed sponsor. CARRIED unanimously. IV-4 CARPENTER BUSINESS PARK DISPOSITION, REQUEST FOR EXTENSION-RESOLUTION Bohn briefly reported on the concerns of the ED Committee in reference to the initial request, and stated that after he communicated those concerns to Building Links, they returned with an amended request,proposing that the extension run through December, that the deposit become non-refundable, incrementally, and that the submission to the Site Plan Committee be moved to October 2000, to prevent early submission and subsequent modification. Discussion ensued concerning ownership of Carpenter Circle. Cummings/Cohen moved/seconded a motion to enter Executive Session at 5:50 Executive Session ended at 6:05 pm. Extensive discussion ensued concerning May 1, 2001 as the date for Final Site Plan Approval secured by Building Links, Inc. Lama stated that given the extension, the Agency would see a plan for a secure tenant, rather than a preliminary plan with no specificity. Yahn stated that the easement to connect 3'(1 Street to Cascadilla Street was placed where the Agency had requested it, and that two of three additional properties had been purchased in part,to gain a connection to Cascadilla Street. Discussion continued concerning the cost of 60 vs. 90 day extensions, and what will occur with continued payments once site plans have been proffered by Bridgewater. Hooks and Lama stated that Gary Sloan of Bridgewater feels that a 60-day extension should cost less than a 90-day extension, and that he wants to stop making non-refundable payments once he produces a site plan. Hooks added that the extension would allow the Agency to have "considerable say"in the planning for the parking lot. Cohen/Rosario moved/seconded a motion to enter Executive Session at 6:20 pm. Executive Session ended at 6:35 pm. Cummings/Rosario moved/seconded the following resolution: WHEREAS, upon Common Council endorsement,the Ithaca Urban Renewal Agency(IURA) executed a purchase offer with Building Links, Inc. to acquire the Carpenter Business Park on October 7, 1999, and WHEREAS, on January 18, 2000 the IURA authorized a 60-day extension of the contingencies set forth in paragraphs 10(A), 10(B)and 11(B)of the purchase agreement dated October 7, 1999, and further resolved that any future request for a further extension should be received at least 30 days in advance of the requested date for action by the IURA and indicated a payment to the IURA may be required for any future extension, and WHEREAS, Building Links, Inc. informed the IURA that it had assigned the purchase agreement to Bridgewater Management, LLC (Bridgewater), and IURA Minutes,5-23-00, 8 WHEREAS,on May 4, 2000,Bridgewater submitted a request for a further extension of certain contingencies contained in the purchase agreement along with conceptual site plans for developing the site, and WHEREAS, Bridgewater requests an extension of approximately 120 days until August 1, 2000 to satisfy buyer's contingencies set forth in Sections 10(A)regarding site suitability and 10(D) regarding environmental site assessment, and WHEREAS,Bridgewater requests an extension of approximately 270 days until March 1, 2001 to comply with the seller's contingency set forth in Section 11(B)regarding submission of a complete site development plan, and WHEREAS,Bridgewater requests an extension of approximately 480 days until approximately October 1,2001 to satisfy contingencies set forth in Section 10(C)and 10(D)regarding gaining preliminary and final site plan approval by readjusting the start date from which the timelines must be satisfied to March 1, 2001 from the October 7, 1999 date as presently set forth in the agreement,and WHEREAS, in consideration of granting the requested extensions,Bridgewater proposes to release portions of the $15,000 refundable deposit to the City/TURA according to a schedule beginning June 1, 2000 and extending until February 1, 2001,where such payments will be credited against the purchase price in the event of closing the transaction,and WHEREAS,the Economic Development Committee(EDC)discussed the request for extension at their May 9,2000 meeting and indicated strong concerns about the duration of the proposed extensions and a desire to enhance public benefit from the project in the form of gaining a public easement through the site to allow a future vehicular connection between Third Street and Cascadilla Street, and, WHEREAS,the staff shared the EDC's concerns with Bridgewater,and WHEREAS,on May 17, 2000 Bridgewater modified their extension request by assuring that Bridgewater plans for development of the parcel will provide for a connection to and from Cascadilla Street and will take this into account in their site plan submission and modifying the latest date by which Bridgewater could initiate the approval process for site development plan review to December 1,2000, along with an readjusted payment schedule,and WHEREAS,the LURA has consistently been concerned with length of time proposed by the buyer to close the transaction and develop the site for a use generating significant property tax and sales tax revenues, and has made this concern clear throughout negotiations for sale of the property, and WHEREAS,the TURA concurs with the EDC's concerns regarding the duration of the May 4, 2000 proposed extension and the desire to enhance public benefit for this project,now,therefore be it RESOLVED,the TURA hereby rejects Bridgewater's request as stated in the May 4, 2000 letter and modified per the May 17, 2000 letter received from Edward C. Hooks on behalf of Bridgewater Management, LLC, but authorizes an extension to certain contingencies and modification of the purchase offer signed with Building Links,Inc. on October 7, 1999,and TURA Minutes, 5-23-00, 9 which such contingencies and modifications shall become part of said purchase offer agreement as follows: Seller agrees to the following extensions in consideration of certain modifications providing public benefit agreed to by the buyer: Seller's Contingencies Section 11(B) -revise submission date of a complete and reasonable site plan to the Planning &Development Board to November 1, 2000. Buyer's Contingencies Section 10(C) -revise approval date of preliminary site plan to February 1, 2001. Section 10(D)-revise approval of final site plan to May 1, 2001. Buyer agrees to the following modifications in consideration of being granted the foregoing extensions: 1. The$15,000 deposited in escrow for the transaction("the deposit")may be released from escrow and drawn down by the City/IURA according to the following schedule: June 1, 2000 $1,500 July 1, 2000 $1,500 August 1, 2000 $2,000 September 1,2000 $2,000 October 1, 2000 $3,000 November 1,2000 $5,000 In the event that the transaction closes,the$15,000 paid in accordance with the foregoing schedule will be credited against the purchase price. In the event that the transaction, for any reason, fails to close by June 1, 2001,then any of the payments made pursuant to this schedule would be forfeited by Bridgewater and deemed non-refundable. 2. Addition of a new Seller's contingency regarding establishment of a closing date: Section 11(D) -The transfer of the Property shall be completed by June 1, 2001, and be it further RESOLVED,that the IURA Chair,upon review by the IURA Executive Director and the IURA Attorney, is hereby authorized to sign any and all instruments necessary to implement this resolution. CARRIED unanimously. IV-5 MICRO-ENTERPRISE LOAN REVIEW BOARD APPOINTMENT- RESOLUTION Cohen/Rosario moved/seconded the following resolution for discussion: WHEREAS, the Ithaca Urban Renewal Agency(IURA)retains a fiduciary responsibility to CDBG grant monies in the Micro-Enterprise Program, (1996 Year 3,Activity 4.1)and WHEREAS, the previous IURA representative to the review board was appointed by name and is no longer with the Community Development Office Staff, and NRA Minutes, 5-23-00, 10 WHEREAS, it would be prudent for the IURA to have a continuing presence on the Micro- Enterprise Loan Review Board, therefore be it RESOLVED, that the Ithaca Urban Renewal Agency(IURA)appoints the Administrator of the Community Development Office,to be the representative of the Ithaca Urban Renewal Agency to the Micro-Enterprise Loan Review Board, and be it further RESOLVED, that in the ence of the ministrator th air of the Eco c and Deve ment Co ee of the 11 represent t at the Micro- erprise Loan eview Board. Rosario backup representative^in case of Bohn's absence. vv l LA eCt — tc be rt h'2 -Fr"£ke £/) 0-} f l e e Cohen/Cummings moved/seconded an amendment to read: "and be it further RESOLVED, that in the absence of the Administrator, the Chair of the Economic Development Committee will represent the IURA at the Microenterprise Loan Review Board." Amendment CARRIED unanimously. Resolution CARRIED unanimously. V. BUDGET AND ADMINISTRATION V-1 FEBRUARY,MARCH,APRIL 2000 FINANCIAL STATEMENTS Entered into the record. V-2 HODAG,INHS FINANCIAL SUPPORT Cummings/Cohen moved/seconded the following resolution: WHEREAS,the IURA received a 12/7/99 request from the City Deputy Controller to make payment to the City's General Fund of$65,000 for funding provided by the City to Ithaca Neighborhood Housing Services(INHS) for FY 1999, and WHEREAS,the IURA has jointly participated with the City of Ithaca in providing$85,000 of annual funding support to INHS since 1989, and WHEREAS,INHS funding support from sources administered by the IURA total$65,000 annually, of which$55,144.28 was derived from the Eddygate Housing Development Grant Program(HODAG)repayment stream(#NY009HG401)and the remaining$9,855.27 came from Comex Urban Development Action Grant(UDAG)repayments (#B-82-AB-36-0405), and WHEREAS, HODAG loan repayments were renegotiated with Eddygate Park Associates in 1997 resulting in annual payments to the IURA increasing from$55,144.28 to $109,819 until loan maturity in 2020, and NRA Minutes, 5-23-00, 11 WHEREAS, HODAG program income may only be used to"support the construction, rehabilitation or operation of real property to be used primarily for low and moderate income residential rental purposes,"but UDAG funds may be used for any eligible purpose identified in Title I of the Community Development Act of 1974, including,but not limited to, low/mod residential rental purposes, and WHEREAS, INHS operates and rehabilitates residential rental properties to be used primarily for low and moderate income families, an eligible use of HODAG funds, and WHEREAS, the IURA desires to conserve UDAG funds and use HODAG funds first whenever eligible due to the narrow list of eligible HODAG uses, and WHEREAS, the IURA wishes to memorialize its twenty-five years of continuous financial support for INHS,including ten years of funding derived from HODAG repayments, with a clearly stated policy to provide continuing financial support for INHS,now,therefore,be it RESOLVED,that the TURA hereby approves a payment of$65,000 to the City of Ithaca from HODAG funds for the purpose of reimbursing the City of Ithaca for payments made to support INHS for FY 1999 funding,and be it further RESOLVED,that it is the policy of the IURA to annually support INHS funding of at least the current funding level of$65,000 until 2019, and be it further RESOLVED,that such LURA funding shall be used in compliance with the 1984 Eddygate Park Apartments HODAG grant agreement requiring program income to be used"to support the construction,rehabilitation or operation of real property to be used primarily for low and moderate income residential rental purposes,"and be it further RESOLVED, that the City and INNS be informed of restrictions on the eligible uses of HODAG funds, and be it further RESOLVED, that the LURA Executive Director, is authorized to sign any and all documents necessary to implement this resolution. Resolution CARRIED unanimously. V-3 CONSULTANT CONTRACT,H. SICHERMAN& CO.-RESOLUTION Cohen/Cummings moved/seconded the following resolution: WHEREAS, the LURA had the need for occasional technical assistance in the development and implementation of its Community Development program and for other related activities, and WHEREAS, the IURA has been well served by the technical assistance H. Sicherman & Company has provided in the past,therefore,be it RESOLVED, that the B&A Committee recommends to the LURA that the full Agency authorize and direct the Mayor to sign a contract with H. Sicherman&Company, Inc. for consulting services to the IURA not to exceed $15,000 pending review be the City Attorney and the Executive Director of the]URA,and be it further NRA Minutes,5-23-00, 12 RESOLVED, that the B&A Committee recommends this contract become effective retroactively per January 1, 2000. CARRIED unanimously. V-4 APPOINTMENT OF RECORDS MANAGEMENT OFFICER - RESOLUTION Cohen/Cummings moved/seconded the following resolution: RESOLVED, that the Ithaca Urban Renewal Agency(IURA)appoints the Executive Director of the IURA to be the Community Development Record Management Officer, filling the vacancy left by Katharine Clute, and be it further RESOLVED, that the Ithaca Urban Renewal Agency authorizes and directs the Chair to notify the Local Government Records Bureau of the appointment. CARRIED unanimously. VI. HOUSING,NEIGHBORHOODS,AND INFRASTRUCTURE VI-1 DOMESTIC VIOLENCE SHELTER - REQUEST FOR REIMBURSEMENT, TOMPKINS COUNTY TASK FORCE FOR BATTERED WOMEN(1996 YEAR 2,ACTIVITY 3.5)-RESOLUTION Cummings/Cohen moved/seconded a motion to enter Executive Session at 6:40 pm. Executive Session ended at 6:45pm. Cohen/Cummings moved/seconded the following resolution. WHEREAS, the Tompkins County Task Force for Battered Women(Task Force)operates a domestic violence shelter at an IURA-owned building through a 5-year,renewable license agreement beginning May 20, 1999,and WHEREAS,the license agreement requires no rent payments,but calls for the Task Force to deposit$150 per month into an escrow account to be used for costly repairs at the shelter, and WHEREAS, the IURA hired Canzler Contracting to install a new furnace at the shelter in March 1999, and WHEREAS, in January 2000 the Task Force reported high carbon monoxide emissions due to a blocked chimney which created a serious health hazard and led to the temporary closure of the shelter and installation of a chimney liner,and WHEREAS,the Task Force seeks reimbursement for the following expenses: 1. installation of a chimney liner $843.85 2. boiler repairs $116.05 3. temporary housing of Shelter Coordinator in hotel $250.00 4. alleged potential income from reimbursements IURA Minutes, 5-23-00, 13 due to 5-day shelter closure $7,168.00 $8,377.90 and, WHEREAS,the Task Force has failed since December 1999 to make regular payments into the escrow fund for costly maintenance and repairs to the Shelter in violation of the license agreement, and WHEREAS, the Housing,Neighborhoods and Infrastructure Committee discussed the repair issue with Task Force representatives and IURA staff involved in contracting the furnace replacement work at their April 14, 2000 meeting,and WHEREAS,the HNI Committee continued their discussion of the issue at their May 12, 2000 meeting, including review of the bid specifications,the manufacturer's manual,Building Department correspondence and recommended the following action,now,therefore be it RESOLVED, that the LURA hereby recognizes that recent shelter repairs have imposed a hardship on the Tompkins County Task Force for Battered Women,but finds that the need for repairs were not in any way the result of negligence or any other misconduct, action or inaction on the part of the IURA,and responds to the Task Force's request for reimbursement of expenses and lost revenues of$8,377.90 as follows: 1. reimburse the Task Force $843.85 for the cost to install the chimney liner and$250.00 for the shelter coordinator's hotel expenses,upon submission of hotel expense documentation, on the condition that the Task Force making deposits into the escrow fund to become current in accordance with the terms of the license agreement prior to disbursement of funds to the Task Force; 2. Seek reimbursement from Canzler Contracting,the furnace installer,for the above payments; and 3. Notify the Building Department about the carbon monoxide problem at the shelter and the possible need to address potential problems relating to the installation of new furnaces in older houses without thorough chimney inspection or installation of a chimney liner, and copy INHS on this correspondence,and be it further RESOLVED, funding for the above reimbursements shall come from the Eddygate Housing Development Grant Program(HODAG)repayment stream(#NY009HG401), as an eligible rental housing expense, and be it further RESOLVED,the Agency directs the IURA Executive Director to initiate discussions with the Task Force to convey ownership of the shelter property to the Task Force,or another legal entity to preserve confidentiality,rather than continue to operate the shelter property under a complicated license agreement. CARRIED unanimously. VI-2 DISPOSITION OF FORMER DOMESTIC VIOLENCE SHELTER - REVISED RESOLUTION Cohen/Cummings moved/seconded the following resolution: WHEREAS, by resolution#887 the IURA authorized the staff to solicit proposals from prospective sponsors for purchase and rehabilitation of the former domestic violence shelter NRA Minutes, 5-23-00, 14 located at 614 W. Clinton Street, and further indicated that the "IURA has an interest in looking at other than single-family residential uses for the property,"and WHEREAS, the staff reported to the HNI Committee its intention to advertise for prospective sponsors under the terms of resolution#887, and WHEREAS,the HNI Committee indicated that rehabilitation and occupancy of the former shelter for owner-occupied residential use is a priority to stabilize the neighborhood given pressures to expand commercial uses in the neighborhood, the recent demolition of a residential structure at 225 Cleveland Avenue and the recent issuance of several demolition permits in the immediate neighborhood, and WHEREAS, Ithaca Neighborhood Housing Services (INNS) desires to acquire the property for rehabilitation and resale to a low-and moderate-income family to occupy as a single family dwelling, and WHEREAS, INHS has successfully completed 77 acquisition/rehabilitation/resale projects and possesses a strong professional,technical, administrative and financial capacity to undertake such projects in a timely fashion, and WHEREAS, INHS estimated in 1998 that the former shelter will require approximately$40,000 in renovations to prepare it for resale for single-family owner-occupied uses,and WHEREAS,the HNI Committee discussed disposition of the former shelter at its May 12, 2000 meeting and recommended the following action,now,therefore be it RESOLVED, that the LURA hereby designates INHS as a qualified and eligible sponsor to acquire the former domestic violence shelter located at 614 W. Clinton Street for the purpose of rehabilitation and resale of the property to a low-or moderate-income family to occupy the structure as a single-family dwelling, and be it further RESOLVED,that the staff is authorized and directed to negotiate a proposed purchase agreement with INHS for review and recommended approval by the HNI Committee and the IURA, and subsequent approval by the Common Council in accordance with the disposition procedures required by Article 15, Section 507 of General Municipal Law, and,be it further RESOLVED,that this resolution supercedes any previous resolution regarding disposition of the former shelter property. CARRIED unanimously. VI-3 311 CORN STREET BROWNFIELD REMEDIATION (CDBG 2000, ACTIVITY1.04)-AUTHORIZATION TO CONDUCT ENVIRONMENTAL INVESTIGATION-RESOLUTION Cohen/Cummings moved/seconded the following resolution: WHEREAS, the City of Ithaca FY 2000 CDBG application requested$44,000 of CDBG funds to be matched by$20,000 of IURA funds to implement activity#1.04 to remediate the brownfield site located at 311 S. Corn Street, and NRA Minutes, 5-23-00, 15 WHEREAS, the activity includes acquisition, environmental investigation, remediation and reuse of a vacant gas station blighting a residential area of the Southside neighborhood, and WHEREAS,the IURA has executed a binding purchase agreement with the property owner that conveys the property to the IURA as a charitable gift with a condition that the purchase agreement is null and void if the total cost of gasoline storage tank removal and environmental remediation exceeds$53,000, and WHEREAS,the purchase agreement further authorizes the IURA to conduct environmental investigation at the site prior to closing on the property to determine the estimated cost of tank removal and remediation, and WHEREAS, the staff has solicited a price quote of$3,700 from Geologic NY, Inc. to conduct a Phase UII Environmental Assessment, and WHEREAS, any contamination discovered during environmental site investigation must be reported to the New York State Department of Environmental Conservation,which may require the property owner to remediate the site, and WHEREAS, identification of any environmental hazard on the site empowers the community with knowledge of the extent of any environmental hazard and advances remediation of the site, and WHEREAS,the HNI Committee discussed this issue at their May 12,2000 meeting and recommends the following action,now,therefore be it RESOLVED,the IURA hereby authorizes staff to solicit competitive price quotes from qualified independent contractors to conduct a Phase UII Environmental Assessment at the 311 S. Corn Street brownfield site and contract with the selected firm to conduct environmental investigation work in an amount not to exceed$4,500 to implement Activity 1.04 of the FY 2000 CDBG application,and be it further RESOLVED,that the source for funding the above environmental site investigation shall be the Comex Urban Development Action Grant(UDAG)repayments(#B-82-AB-36-0405), and be it further RESOLVED, that the Executive Director of the TURA,upon the advise of the IURA Attorney, is hereby authorized to execute all necessary and appropriate documents to implement this resolution. CARRIED unanimously. VII. OLD BUSINESS No reports or action taken. VIII. NEW BUSINESS VIII-1 NEXT MEETING DATE: (TUESDAY)June 20,2000,4PM a IURA Minutes, 5-23-00, 16 Date accepted,noting that Cohen will be absent, Cummings will be Acting Chair. VIII-2 OTHER No other items. X. ADJOURNMENT The meeting was adjourned at 6:50 PM. end 6/2/2000 ARS/ars ' 0/2/ _.1...)2 L,4')'i lo-D o 0 �� I° 5 ' 0 r; 2 , 6 4 IURA Minutes,6-20-00, 1 Minutes of the Ithaca Urban Renewal Agency 4Urban R I 4:00 PM,Tuesday,June 20, 2000 1.68 Common Council Chambers,City Hall G PRESENT: IURA Members Jill Burlington,Alan Cohen(4:20pm), Susan Cummings,Tracy Farrell,Eric Rosario Staff Doug McDonald,Adam Smith,Thys Van Cort,Wies van Leuken Others Ryan Berryann CALL TO ORDER Meeting was called to order at 4:06 by Cummings. II. APPROVAL OF MINUTES,IURA MEETING,MAY 23,2000 Cummings requested that pg 5,paragraph 7,be amended to read: "...Cummings disclosed that her husband leases a parcel next to wetland A..." Cummings further requested that pg 2,paragraph 1,be amended to read: "...Cummings expressed a concern that the size of cones served by Purity had always been too small,and that the present owners were continuing the standard set in place by the previous owners." Cummings asked that the choice of the date 2019 in the second resolved of the page be explained. Van Cort stated that he would look up the INHS/HODAG document and determine the reason for the date. Burlington asked to be given the packet of information which Rosario received, concerning Downtown Revitalization Strategy. van Leuken stated that she would give the materials to the entire Board. Rosario requested that on pg 10,the final RESOLVED at the top of the page be struck,and that the line immediately afterwards be amended to read: "Rosario volunteered to be the backup representative from the ED Committee in case of Bohn's absence." Cohen/Rosario moved seconded a motion to approve the minutes as amended. CARRIED unanimously. III. STAFF REPORTS McDonald stated that a Special meeting of the ED Committee would be scheduled for June 27th, to discuss agenda items IV-1 and IV-2. IV. ECONOMIC DEVELOPMENT LURA Minutes, 6-20-00,2 IV-1 WEST END COMMERCIAL LOAN PROGRAM,AFCU/CUSO(1996 YR#3, ACTIVITY 2.1)-REPORT McDonald stated that the staff had received the analysis of the program on 6/20 and that it would be reviewed at the next agency meeting. IV-2 CHERRY STREET INDUSTRIAL PARK,LEASE AGREEMENT-REPORT McDonald stated that there was nothing new to report,and that there had been no reaction to the proposal.Discussion ensued concerning changes in the financial portion of the lease and buyout terms.The Agency determined that Common Council,the Planning Committee,and the ED Committee should discuss the issues and have their determinations ready for the next full Agency meeting. Cummings stated that although the land in Cherry St.phase I seems inexpensive,the swampy land makes it expensive to build there;Cummings suggested that the lease rate should not be raised. V. BUDGET AND ADMINISTRATION V-1 ADMINISTRATOR POSITION-RESOLUTION Cummings presented the following resolution: WHEREAS, on March 1, 2000, the position of Administrator of Ithaca Urban Renewal Agency became vacant,and WHEREAS,the IURA desires to fill the vacancy,now,therefore,be it RESOLVED, that the IURA hereby promotes the Acting Community Development Administrator, Nels Bohn,to fill the position of Community Development Administrator at Step 8 of the FY 2000 Community Development Personnel Salary Scale,which,as of June 20,2000,is$48,396,and be it further RESOLVED, that the IURA Executive Director, upon advise of the IURA Attorney, is hereby authorized and directed to prepare and sign a staff contract with Nels Bohn. Cohen/Cummings moved/seconded a motion to enter Executive Session at 4:25 pm. Executive Session ended at 4:29 pm,with no action taken. Farrell/Cummings moved/seconded the resolution. CARRIED unanimously. The Agency expressed its enthusiasm for Bohn's promotion. V-2 COMMUNITY DEVELOPMENT PLANNER POSITION,SEARCH- RESOLUTION Cummings presented the following resolution: WHEREAS, the position of Community Development Planner of the Ithaca Urban Renewal Agency will become vacant upon execution of a staff contract with Nels Bohn to fill the Administrator position,and WHEREAS, the NRA desires to fill the vacancy in a prompt manner at a revised salary range, now, IURA Minutes, 6-20-00, 3 therefore,be it RESOLVED, that the TURA hereby authorizes and directs the IURA Executive Director to advertise and conduct interviews of candidates for the position of Community Planner at a salary range to be determined, and be it further RESOLVED, that the IURA directs the Executive Director to identify a finalist list of candidates for consideration by the Budget and Administration Committee, including a preferred candidate. Cummings stated that the position had not yet been advertised,but that the preferred candidate would be someone with grantwriting abilities, good neighborhood relations skills,and flexibility; Cummings suggested that a junior level candidate with strong aptitude would be a good choice. Burlington asked about education level;Cummings stated that a Master's degree would be preferred. Cummings/Rosario moved/seconded the resolution for discussion. Rosario asked that the ad be given to members upon completion.Rosario also asked that members other than the B&A Committee be involved in the staffing decision. Cohen stated that there would be a search committee,and that Rosario would be welcome to join it. CARRIED unanimously. VI. HOUSING,NEIGHBORHOODS,AND INFRASTRUCTURE VI-1 DOMESTIC VIOLENCE SHELTER(1996 YEAR 2,ACTIVITY 3.5),CANZLER OFFER-RESOLUTION Cummings/Cohen moved/seconded a motion to enter Executive Session at 4:34 pm Executive Session ended at 4:43 pm,with no action taken. Farrell/Burlington moved/seconded the following resolution: WHEREAS,the Ithaca Urban Renewal Agency has received an offer by Canzler Contracting to cover$250 of expenses incurred due to dislocation of inhabitants of the Shelter, resulting from the elevated CO emissions experienced from the heating systems replacement,and WHEREAS, the Ithaca Urban Renewal Agency has resolved (May 23, 2000) to reimburse the Tompkins County Task Force for Battered Women$843.85 for the cost to install a chimney liner and$250.00 for the shelter coordinator's hotel expenses, which agreement did not constitute any admission liability on the part of the IURA, upon submission of hotel expense documentation, subject to the Task Force making deposits into the escrow fund to become current in accordance with the terms of the license agreement,and WHEREAS, the Ithaca Urban Renewal Agency also resolved (May 23, 2000) to request Canzler Contracting,the furnace installer, to reimburse the IURA for the above payments,now,therefore,be it RESOLVED, that the Ithaca Urban Renewal Agency accepts the $250.00 offer by Canzler Contracting to pay the hotel expenses incurred at the time of the dislocation due to elevated CO emissions, and be it further RESOLVED,that the agreement to accept this sum in no way constitutes a release of Canzler Contracting of any and all liability resulting from this project. CARRIED. 4-Yea, 1 Abstention(Cummings). IURA Minutes,6-20-00,4 VU. OLD BUSINESS Cummings suggested that the CEO program be advised to add a landlord inquiry to their standard credit check when approving loans.Cohen asked that Rosario take the idea to the program at the next Advisory Board meeting,and that van Leuken would send it in writing. Rosario asked about the progress of the hotel project.Cohen stated that additional financing had been acquired,but that there was still a funding gap;Cohen suggested that the USDA may be able to help underwrite the project through the Rural Development Act. McDonald stated that a woman-owned restaurant sought assistance from the NRA,but that ED Committee restrictions made them ineligible for assistance.McDonald stated that he gave application forms to the owners and told them that the restrictions were being reconsidered. Cummings asked about MRI's progress;Van Cort stated that they were in the process of drawing down funds. Cummings asked about Carpenter Park process;McDonald stated that nothing official had been done,but that the developer was working with a company at this time. Cummings suggested that the IURA assist the process wherever possible. McDonald stated that the Lost Dog Restaurant was scheduled to close on a loan on 6/21,and that work was scheduled to begin on the building on 6/22;McDonald explained that the delay was due to internal bank problems and not due to any problem with the applicants.McDonald further stated that the managers and at least one owner of the restaurant would be moving to Ithaca. Discussion occurred concerning the history of the Coast Guard Auxiliary site. Cohen said that official action would be taken soon by the City against the illegal docks placed by the organization. VIII. NEW BUSINESS VIII-1 NEXT MEETING DATE: (TUESDAY)July 18,2000,4PM Date accepted. VIII-2 OTHER van Leuken entered the May fmancial statements into the record. IX. EXECUTIVE SESSION During V-1,Cohen/Cummings moved/seconded a motion to enter Executive Session at 4:25 pm. Executive Session ended at 4:29 pm,with no action taken. During VI-1,Cummings/Cohen moved/seconded a motion to enter Executive Session at 4:34 pm Executive Session ended at 4:43 pm,with no action taken. X. ADJOURNMENT The meeting was adjourned at 4:58 PM. end 6/26/2000 ARS/ars IURA Minutes, -18-00, 1 Minutes of the Ithaca Urban Renewal Agency diPPS 0&'/ 4:00 PM,Tuesday,July 18,200017 12 Common Council Chambers,City Hall PRESENT: IURA Members Jill Burlington,Alan Cohen(4:10pm), Susan Cummings,Tracy Farrell Staff Kat Hauger,Doug McDonald,Thys Van Cort,Wies van Leuken Others Paul Mazzarella, Brian Van Allen, Joey Cummings Moro I. CALL TO ORDER Meeting was called to order at 4:05 by Cummings. II. APPROVAL OF MINUTES,IURA MEETING,JUNE 20,2000 Farrell/Burlington moved/seconded a motion to approve the minutes. CARRIED unanimously. M. STAFF REPORTS Hauger reported that Bohn had been in contact with the IURA. IV. ECONOMIC DEVELOPMENT IV-1 WEST END COMMERCIAL LOAN PROGRAM,AFCU/CUSO(1996 YR#3, ACTIVITY 2.1)-RESOLUTION McDonald summarized the loan application from CUSO to support the construction of the new building and detailed the terms of the loan.Discussion occurred concerning the use of CD-RLF monies to complete the$250,000 loan;the Agency came to consensus approving$175,000,and holding the CD-RLF$75,000 for further consideration. Cohen/Farrell moved/seconded the following resolution as amended: WHEREAS,Alternative Federal Credit Union(AFCU)/CUSO has requested$250,000 in loan assistance from the West End Commercial Loan Program and the Community Development Revolving Loan Fund (CD-RLF)for the purpose of assisting in the fmancing of new equipment to support operations in the new AFCU/CUSO building to be constructed on North Fulton Street,and WHEREAS,the primary objective of the West End Commercial Loan Program is the economic revitalization of the West End neighborhood through financial assistance to create at least 15 jobs and leverage at least$150,000 of new private investment,and WHEREAS, the new geographic location of AFCU is eligible for assistance through the West End Commercial Loan Program,and IURA Minutes,7-18-00,2 WHEREAS,at their July 11,2000 meeting,the Economic Development Committee reviewed Alternative Federal Credit Union/CUSO's loan application and the financial analysis of H. Sicherman and Co,Inc on behalf of the IURA and recommended the following,therefore be it RESOLVED,that the IURA hereby approves a loan from the West End Commercial Loan Program to Alternative Federal Credit Union/CUSO in accordance with the loan application and the following terms: maximum loan amount: $175,000, (Approximately$175,000 will be from the West End Commercial Loan Program.) use of funds: purchase of various equipment, fixtures and fixed assets as detailed in the loan application term: 10 years,(following 3 months of deferred principal and interest)because of construction and moving,not to exceed 123 months. interest rate: 1st 3 months: deferral of principal and interest 4th month through 36th month: 3% 4th year through 10th year:based on low Wall Street Journal published prime rate minus 5%with a flow of 4%,such rate to be fixed throughout the remaining term. repayment: Initial monthly Principle and Interest of$2,414 until the 4th anniversary,at which time the payment will be reset based on the new interest rate in order to fully amortize the loan over the remaining 6 years. The initial 3 months deferral of interest is to be paid on the ls`anniversary of the loan. collateral: • 1S`lien on all equipment(to include all furniture,fixtures and equipment)now owned or hereinafter acquired(both obligors) • rd mortgage covering property located at corner of West State and North Fulton Streets,City of Ithaca,NY and assignment of lease(s)(subordinate position)between AFCU and CUSO,and be it further RESOLVED,that the NRA Chair,upon the advice of the Executive Director and City Attorney,is hereby authorized to execute all necessary and appropriate documents to implement this resolution,including,but not limited to,executing loan agreement documents. CARRIED unanimously. IV-2 EXPANDING ELIGIBILITY FOR REVOLVING LOAN FUND-RESOLUTION Burlington reported on Rosario's concern that restaurants were excluded from CD-RLF loans. Cohen asked that legal counsel be consulted to determine if the CD-RLF could be opened up to minority and female restaurant entrepreneurs only for development anywhere in the City. Further discussion was tabled until the next meeting. IV-3 CHERRY STREET INDUSTRIAL PARK,LEASE AGREEMENT-REPORT McDonald reported that the lease was still in a draft state and that once it was more complete that it would be brought before the agency.Cummings expressed concerns about the changes to the lease that Glyph Technologies asked be made;Cohen asked that Cummings and Van Cort discuss the matter after the meeting. IURA Minutes, 7-18-00,3 IV-4 APPROVAL OF WEST END COMMERCIAL LOAN TARGET AREA EXPANSION-REPORT Cohen pointed out a letter from HUD approving the requested change. IV-5 APPROVAL OF REPROGRAMMING REQUEST(1995& 1998 CDBG) Cohen pointed out a letter from HUD approving the requested change. V. BUDGET AND ADMINISTRATION V-1 FINANCIAL STATEMENTS-JUNE,2000 Entered into the record. VI. HOUSING,NEIGHBORHOODS,AND INFRASTRUCTURE VI-1 INNS UPDATE ON PROGRAMS-REPORT-P.MAZZARELLA Tabled,no action taken. VII. OLD BUSINESS No old business. VIII. NEW BUSINESS VIII-1 NEXT MEETING DATE:(TUESDAY)August 15,2000,4PM Date accepted. VIII-2 OTHER No other business. VIII-3 HOTEL PROJECT Cohen stated that the project was nearly completely financed, but that there remained a gap of $325,000. McDonald suggested that the agency discuss whether or not it should approve additional loans to close the gap. Cohen reported that additional funding could be found from other sources,including reprogrammed funds from the state and the USDA. Farrell and Cummings suggested that county funding be pursued as well; Cohen suggested that that be pursued for future economic development projects. Cohen asked that members consider future budgeting, and use that consideration to assist the Agency in making a determination as to what, if any, additional loans the Agency is willing to make. Discussion occurred concerning ways to close the gap, including the possibility of a bridge loan.Cohen asked that additional information be gathered before any determinations are made. Staff and members suggested that a letter be crafted stating that the project was very important to the downtown, and that research was being done into what, if any, additional monies were available to help close the funding gap for this project. IX. ADJOURNMENT The meeting was adjourned at 4:46 PM. end 8/4/2000 ARS/ars j IURA Minutes,8-15-00, 1 Minutes of the Ithaca Urban Renewal Agency 4:00 PM,Tuesday,August 15,2000 Common Council Chambers,City Hall Os)`j`r ct " PRESENT: IURA Members Jill Burlington,Alan Cohen,Tracy Farrell, Eric Rosario Staff Kat Hauger,Doug McDonald,Thys Van Cort,Wies van Leuken Others Bill Myers CALL TO ORDER Meeting was called to order at 4:31 by Cohen,and began discussions with agenda item IV-1. II. APPROVAL OF MINUTES,IURA MEETINGS,DECEMBER 21,1999,JANUARY 18, 2000,FEBRUARY 15,2000,AND JULY 18,2000 After discussing agenda item VII-1,Cohen/Burlington moved/seconded a motion to approve the minutes. Cohen stated for the record that he was concerned that the minutes prior to February 16,2000 did not accurately represent what happened at Agency meetings,and that tapes of the meetings including and prior to February 15,2000 should be held for a three year period. CARRIED unanimously. III. STAFF REPORTS III-1 FY 2000 CDBG APPLICATION No reports given. III-2 CANAL CORRIDOR INITIATIVE HUD AUDIT No reports given. IV. ECONOMIC DEVELOPMENT IV-1 AFCU/CUSO LOAN REQUEST -RESOLUTION Discussion ensued concerning AFCU/CUSO's loan request and the CEO program and its funding to participants.Myers stated that at some time in the future they may seek to restructure the loan, and that he would like the resolution to reflect the Agency's knowledge of that intention. Cohen/Burlington moved/seconded the following resolution as amended: WHEREAS, Alternative Federal Credit Union(AFCU)/CUSO has requested$250,000 in loan assistance from the West End Commercial Loan Program and the Community Development Revolving Loan Fund(CD-RLF)for the purpose of assisting in the financing of new equipment to support operations in the new AFCU/CUSO building to be constructed on North Fulton Street,and C A (4\t›. _ .A s' m• IURA Minutes, 8-15-00,2 WHEREAS, the primary objective of the West End Commercial Loan Program is the economic revitalization of the West End neighborhood through financial assistance to create at least 15 jobs and leverage at least$150,000 of new private investment,and WHEREAS, the new geographic location of AFCU is eligible for assistance through the West End Commercial Loan Program,and WHEREAS, the project is projected to create 17 FTE employment positions over the next three years, which constitutes exceptional public benefit,and WHEREAS, the project will also serve as a catalyst of the development of the West End,also considered to constitute exceptional public benefit,and WHEREAS, the loan will leverage approximately$2,750,000 in non-governmental financing and over $1,000,000 in equity investment,and WHEREAS, at their July 11,2000 meeting,the Economic Development Committee reviewed Alternative Federal Credit Union/CUSO's loan application and the fmancial analysis of H. Sicherman and Co,Inc on behalf of the IURA and recommended approval of the loan, and WHEREAS, the structure of the project was modified so that the Alternatives Fund will own the project real estate and CUSO will own only certain equipment,fixtures and fixed assets, and WHEREAS, AFCU has agreed to enter a long-term lease agreement with CUSO to pay CUSO a monthly amount sufficient to meet principal and interest payments due to the IURA to amortize the IURA loan,now, therefore be it RESOLVED, that the IURA hereby approves a loan from the West End Commercial Loan Program and the CD-RLF to Alternative Federal Credit Union/CUSO in accordance with the loan application and the following terms: maximum loan amount: up to$250,000,but not to exceed 90%of Loan to Value source of funds: close out unencumbered balance of West End Commercial Loan Program(approximately$175,000), the remaining amount to derive from the CD-RLF.) use of funds: purchase of various equipment,fixtures and fixed assets as detailed in the loan application term: 10 years,(following 3 months of deferred principal and interest)because of construction and moving,not to exceed 123 months. interest rate: 1st 3 months:deferral of principal and interest 4th month through 36th month: 3% 4th year through 10th year:based on low Wall Street Journal published prime rate minus 5%with a flow of 4%,such rate to be fixed throughout the remaining term. repayment: Initial monthly Principle and Interest of$2,414 until the 4th anniversary,at which time the payment will be reset based on the new interest rate in order to fully amortize the loan over the remaining 6 years. The initial 3 months deferral of interest is to be paid on the 1'Y anniversary of the loan. IURA Minutes, 8-15-00,3 collateral: • 1st lien on all purchased equipment(to include all furniture,fixtures and equipment)now owned or hereinafter acquired • 1st lien on additional equipment pledged to have a minimum value of $78,000 • 3nd mortgage covering property located at corner of West State and North Fulton Streets,City of Ithaca,NY and assignment of lease(s)(subordinate position)between AFCU and CUSO,and be it further additional security: assignment of lease between CUSO and AFCU of furniture, fixtures and equipment purchased with IURA loan proceeds which shall provide minimally for a monthly payment to CUSO sufficient to service the repayment schedule on the LURA loan. RESOLVED, that the IURA Chair,upon the advice of the Executive Director and City Attorney,is hereby authorized to execute all necessary and appropriate documents to implement this resolution,including,but not limited to,executing loan agreement documents. CARRIED unanimously. Discussion moved to agenda item VII-1. IV-2 CANAL CORRIDOR INITIATIVE IMPLEMENTATION-REPORT No report given. V. BUDGET AND ADMINISTRATION V-1 COMMUNITY DEVELOPMENT ASSISTANT PLANNER POSITION,SEARCH- REPORT No report given. V-2 JULY FINANCIAL STATEMENTS Entered into the record. VI. HOUSING,NEIGHBORHOODS,AND INFRASTRUCTURE No report given. VII. OLD BUSINESS VII-1 EXPANDING ELIGIBILITY FOR CD-REVOLVING LOAN FUND- RESOLUTION Cohen informed the Agency that they would have a general concept discussion of expanding the CD-RLF to include restaurants,and then refer the topic back to the ED Committee for further discussion. Bohn stated that although he felt restaurants were, as a category,risky investments,he also felt that those with less risk and greater public benefit could be funded. He further suggested that policy be set in place that would discourage or disqualify applicants that the Agency did not wish to fund ! f IURA Minutes, 8-15-00,4 through the CD-RLF,e.g. franchises or high-risk ventures.Cohen stated that he wanted to include a stipulation that applicants establish a ratio of 70/30 food service/alcohol service. Discussion ensued concerning the stipulation and the ratio. Cohen stated that he would speak to area restaurateurs to fmd their ratios as well.Burlington stated that she was concerned that the ratios would be different in each area of the City; Cohen stated that he would survey each area. Additional discussion occurred concerning the inclusion of catering businesses, the public benefit stipulations, and the exclusion of the Southwest area. Cohen stated that an additional restriction be placed on businesses that they not be providing adult entertainment, and further stated that questions ought to be asked concerning the degree of exclusion to promotion (e.g. drink specials) that the Agency wishes to place upon the funding. Discussion ensued concerning additional restrictions and exclusions. VIII. NEW BUSINESS VIII-1 NEXT MEETING DATE: (TUESDAY)SEPTEMBER 19,2000,4PM Date accepted. VIII-2 OTHER No other business. IX. ADJOURNMENT The meeting was adjourned at 5:15 PM. end 8/21/2000 ARS/ars LURA Minutes,9-19-00, 1 Y DFY Minutes of the Ithaca Urban Renewal Agency tIp?6 4:00 PM,Tuesday,September 19,2000 Common Council Chambers,City Hall / PRESENT: IURA Members Jill Burlington,Alan Cohen,Susan Cummings,Tracy Farrell Staff Nels Bohn,Doug McDonald,Adam Smith, Norma Schwab(5:00),Thys Van Cort I. CALL TO ORDER Meeting was called to order at 4:05 by Cohen, and began discussions with agenda item IV-1. II. APPROVAL OF MINUTES FROM AUGUST 15,2000 IURA MEETING After discussing agenda item VI-1,Cohen/Burlington moved/seconded a motion to approve the minutes. CARRIED unanimously. III. STAFF REPORTS III-1 COMMUNITY DEVELOPMENT STRATEGIC PLAN TA PLAN GRANT APPLICATION Bohn reported that an application had been submitted for the TA Plan Grant to assist the Ithaca Downtown Partnership (IDP) with planning and strategy for downtown revitalization plans, including analysis and planning for housing, retail business, destination/tourist business, and telecommunications upgrades for the Commons.Discussion ensued. III-2 NYS SMALL CITIES CONFERENCE Bohn reported that the award for item III-1 would be announced at the conference on Oct 2/3, 2000,and that it would be an opportunity for agencies to discuss issues and influence future policy. The meeting continued with agenda item IX. IV. HOUSING,NEIGHBORHOODS,AND INFRASTRUCTURE IV-1 PROPERTY DISPOSITION,614 W.CLINTON STREET PURCHASE OFFER- RESOLUTION Cummings introduced the purchase offer from INHS,stating that the HNI Committee recommended its acceptance. Cohen/Farrell moved/seconded the following resolution. WHEREAS,upon relocation of the domestic violence shelter from 614 W.Clinton Street,the LURA-owned property became available for alternative uses,and WHEREAS, rehabilitation and occupancy of the former shelter for owner-occupied residential use is a priority of the IURA to stabilize the neighborhood in the face of pressures to expand commercial uses in the neighborhood and the recent demolition of several nearby residential structures,and IURA Minutes,9-19-00,2 WHEREAS, the NRA sought out a qualified and eligible sponsor to acquire the 614 W. Clinton St. property for the purpose of rehabilitation and resale of the property to a low-or moderate income family to occupy the structure as a single-family dwelling,and WHEREAS, Ithaca Neighborhood Housing Services (INNS) had previously been designated by the IURA as a qualified and eligible sponsor to acquire the former domestic violence shelter located at 614 W.Clinton Street,and WHEREAS,INHS has submitted a 8/31/00 purchase offer for the property in the amount of$8,000,and WHEREAS, the HNI Committee discussed the disposition of the former shelter at its September 8, 2000 meeting and recommended accepting the INHS-purchase offer,and WHEREAS, subsequent review of the purchase offer by staff identified several items in the purchase offer that should be customized to reflect the particular circumstances of the proposed conveyance, now, therefore,be it RESOLVED, that the IURA hereby accepts the INHS 8/31/00 purchase offer to acquire 614 W. Clinton Street subject to Common Council approval in accordance with the disposition procedures required by Article 15,Section 507 of General Municipal Law and the following conditions: (1) addition of a condition in the purchase offer requiring the buyer to renovate the property and resell the property according to a low- and moderate-income family to occupy as a single family dwelling; (2) modifications to sections 18 and 21 of the purchase offer regarding"further conditions"and "possession"acceptable to the IURA Executive Director;and (3) legal review and approval of the IURA Attorney,and be it further RESOLVED, that the IURA Chair,upon review by the IURA Executive Director and the LURA Attorney, is hereby authorized to sign any and all instruments necessary to implement the resolution, including, but not limited to,executive the revised purchase offer upon Common Council approval,and be it further RESOLVED, that the IURA directs net proceeds from this disposition to be used to offset cost overruns associated with implementation to the 1996 CDBG YR #2, Activity 3.5, domestic violence shelter acquisition. CARRIED unanimously. IV-2 DOMESTIC VIOLENCE SHELTER,1996 CDBG YR#2,ACTIVITY 3.5- RESOLUTION (POSSIBLE EXECUTIVE SESSION) Discussed in Executive Session,no action taken. V. BUDGET AND ADMINISTRATION V-1 POSITION TITLE CHANGE,CD ADMINISTRATOR-RESOLUTION Cohen/Cummings moved/seconded the resolution as amended. WHEREAS, the IURA's Budget and Administration Committee has reviewed and approved the Administrator's request to change the title of the "Community Development Administrator"position to that of"Director of Community Development"to more accurately reflect the position's responsibilities,and • IURA Minutes,9-19-00,3 WHEREAS, the position title change will have no material effect on the job description or salary scale of the Director of Community Development, which shall remain unchanged from the previous Community Development Administrator position,now,therefore,be it RESOLVED, that the LURA hereby approves a change in title of the "Community Development Administrator"position to the"Director of Community Development." Discussion ensued concerning the differences between the terms "deputy director," "executive director,"and"director." CARRIED unanimously. Further discussion ensued concerning the order of succession for leadership of the IURA. Cummings and Van Cort stated that they felt that although policy at this time left McDonald in charge of the LURA in Van Cort's absence, Bohn should be the person in charge instead. Cummings suggested that the Director for Community Development's job description should be referred back to the B&A Committee for discussion concerning this matter. V-2 PERSONNEL CONTRACTS Cohen/Burlington moved/seconded the resolutions for items V-2 A,B,and C,as well as V-3 all at once. A. DIRECTOR OF COMMUNITY DEVELOPMENT POSITION WHEREAS, the annual contract of the Community Development Administrator expires on December 31, 2000,and WHEREAS, the Community Development Administrator position title has been changed to Director of Community Development,and WHEREAS, the Director of Community Development is a necessary and valued position in the IURA community development office,and WHEREAS, the Budget and Administration Committee discussed this matter at its September 5, 2000 meeting and recommended the following action,now therefore be it RESOLVED,that the Ithaca Urban Renewal Agency accept and approve the Administrator contract dated January 1, 2001 for the FY 2001 at Step 7 ($48,396) of the FY 2001 Community Development Administrator(Director of Community Development)Salary Scale,and be it further RESOLVED, that the Ithaca Urban Renewal Agency authorizes the Mayor to sign the Director of Community Development contract,pending review by the City Attorney and the Executive Director of the TUBA. CARRIED unanimously. B. CONTRACTS MONITOR POSITION WHEREAS, the annual contract of the Community Development Contract Monitor expires on December 31,2000,and WHEREAS,the Contract Monitor is a necessary and valued position in the IURA community development office,now therefore be it IURA Minutes,9-19-00,4 RESOLVED, that the Budget and Administration Committee recommends that the Ithaca Urban Renewal Agency accept and approve the Contract Monitor contract dated January 1, 2001 for the FY 2001 at Step 1 ($33,817)of the FY 2001 Community Development Grants Monitor Salary Scale,and be it further RESOLVED, that the Ithaca Urban Renewal Agency authorizes the Mayor to sign the Director of Community Development contract, pending review by the City Attorney and the Executive Director of the IURA. CARRIED unanimously. C. ADMINISTRATIVE COORDINATOR POSITION WHEREAS, the annual contract of the Community Development Administrative Coordinator expires on December 31,2000,and WHEREAS, the Administrative Coordinator is a necessary and valued position in the IURA community development office,now therefore be it RESOLVED, that the Budget and Administration Committee recommends that the Ithaca Urban Renewal Agency accept and approve the Administrative Coordinator contract dated January 1,2001 for the FY 2001 at Step 1 ($26,595)of the FY 2001 Community Development Administrative Coordinator Salary Scale,and be it further RESOLVED, that the Ithaca Urban Renewal Agency authorizes the Mayor to sign the Director of Community Development contract, pending review by the City Attorney and the Executive Director of the IURA. CARRIED unanimously. V-3 INDEPENDENT SERVICES CONTRACT RENEWAL-BOOKKEEPER- RESOLUTION WHEREAS,the Ithaca Urban Renewal Agency has need of the services of a qualified bookkeeper,and WHEREAS,the Budget and Administration Committee has reviewed the current bookkeeper's work and is satisfied with the staff recommendation to renew the bookkeeper's contract through July 31, 2001, therefore,be it RESOLVED, that the Budget and Administration Committee recommends that the Ithaca Urban Renewal Agency renew the Bookkeeper's contract through July 31,2001. CARRIED unanimously. V-4 COST OF LIVING INCREASE-RESOLUTION Cohen/Farrell moved/seconded the following resolution: WHEREAS, the LURA has consistently approved a Cost of Living Adjustment (COLA) of employees' current base salaries at comparable levels to that of City of Ithaca employees' salary increase as set forth in the City of Ithaca/CSEA Administrative Unit agreement,and WHEREAS, the City of Ithaca/CSEA Administrative Unit agreement provides for a three percent (3%) increase for City employees in FY 2000,2001,and 2002,and WHEREAS, the IURA approved a FY2000 COLA of 2.5% to be revisited after the City of Ithaca/CSEA Administrative Unit agreement had been reached,and NRA Minutes,9-19-00,5 WHEREAS, the City of Ithaca contract for staff employees provides for three percent (3%) increase for City employees in 2000,2001,and 2002,and WHEREAS,the IURA's Budget and Administration Sub-Committee approves a Cost of Living Adjustment of 3%of employees' current base salary to be effective January 1,2000,therefore,be it RESOLVED, that the LURA hereby approved a Cost of Living Adjustment for FY2001 of 3% of employees' current base salary to be effective January 1,2001, and be it further RESOLVED,that the IURA hereby approves an additional Cost of Living Adjustment for FY2000 of 0.5% of employees'base salary retroactive to January 1,2000. Discussion ensued concerning the history of COLAs for IURA staff. CARRIED unanimously. V-5 AMEND RESOLUTION#888 REPROGRAMMING 1995 AND 1996 YEAR#3 FUNDS Discussion ensued concerning resolution#888, and Cohen explained that the only alteration to the resolution being presented would allow earlier years to be closed out sooner. Cohen/Cummings moved/seconded the following resolution: WHEREAS, it is necessary to reprogram$122,000 from the third year funds of the fiscal year 1996 Small Cities Multi-Year Comprehensive Community Development Block Grant (CDBG) and $40,000 from the fiscal year 1995 Small Cities CDBG awarded by the Department of Housing and Urban Development,and WHEREAS, alternative proposals have been presented, reviewed, and ranked by the IURA,now therefore be it RESOLVED,that the IURA recommends to the Common Council that IURA staff be authorized to request HUD to allow the reprogramming of funds along the following priorities: 1. State Theatre Accessibility Renovation:a$107,740 deferred loan to Historic Ithaca,Inc. to remove material and architectural barriers that restrict the mobility and accessibility of elderly or severely disabled person at the State Theatre located at 117 West State Street, such funding originating from the third year increment of the 1996 CDBG multi-year award(B-98-DH-36-0009); 2. Ithaca Neighborhood Housing Services House Recycling of 108 Cleveland Avenue: a $40,260 deferred loan to INHS to acquire a fire-damaged two-unit residential structure for the purpose of rehabilitation and use or resale for affordable residential use,$40,000 of such funding originating for the 1995 CDBG award (B-95-DH-36-0094) and $260 of such funding originating from the third year increment of the 1996 CDBG multi-year award(B-98-DH-36-0009);and 3. INHS Rental Housing Financial Feasibility Analysis:a$4,000 grant to INHS to complete a financial feasibility analysis of a proposal to construct new rental units at the INHS- owned Henry St. John Building located at 301 South Geneva Street, such funding originating from the third year increment of the 1996 CDBG multi-year award(B-98-DH- 36-0009). CARRIED unanimously. IURA Minutes,9-19-00,6 V-6 REQUEST FOR FUNDING-NATIONAL CONFERENCE ON PREVENTING CRIME-RESOLUTION Discussion ensued concerning whether funding for neighborhood citizen attendees should be provided by the IURA from funding other than previously encumbered CDBG funds. Cohen asked that the citizen attendees be asked to come to an NRA meeting and report on the conference; no official taken was taken. V-7 JULY AND AUGUST,2000 FINANCIAL STATEMENTS The statements were entered into the record,and Bohn answered questions concerning line items. VI. ECONOMIC DEVELOPMENT VI-1 CD-RLF,DA'SPOT,INC.REQUEST TO AMEND LOAN AGREEMENT- RESOLUTION Bohn gave background information concerning the loan to Da'Spot, Inc. Discussion ensued concerning Da'Spot's financial status;the Agency suggested that technical assistance be sought for Cecelia Montaner-Vargas,the owner of the business. Cohen/Cummings moved/seconded the following resolution as amended: WHEREAS, on April 5, 1999 the LURA executed an agreement to loan$25,000 to Da'Spot, Inc. from the Community Development Revolving Loan Fund(CD-RLF)at 6%interest over a 10 year term,with interest- only payments due for the first year,and WHEREAS,the borrower is current with loan payments to date,and WHEREAS,the remaining principal balance on the loan to Da'Spot,Inc.is$25,000,and WHEREAS, financial results from FY1999 resulted in sales below projected levels and a new loss of $23,000,and WHEREAS, effective 9/19/00, Jeffrey Fuhrman, principal owner, resigned as Director, President, Secretary, and Treasurer,and sold the business to Cecelia Montaner-Vargas for$1.00,who is now the sole owner of the business,and WHEREAS, the borrower met with IURA staff to express concerns with their ability to debt service repayments that increase from$125 per month during the interest-only period to $308.14 per month after expiration of the interest-only period,and WHEREAS, the borrower has taken steps to reduce expenses, including reducing the size of the space rented,and WHEREAS, the borrower has indicated a willingness to comply with a request to provide year-to-date fmancial results,but has not provided them to date,and WHEREAS, the borrower has submitted a request to restructure the loan to a 0% interest rate loan with $125 monthly payments that will fully amortize the loan over approximately 17 years,and WHEREAS,the Economic Development Committee reviewed the Da'Spot,Inc.loan at their September 12, 2000 meeting and recommended that the interest-only payments be extended through Dec 31, 2000, now, therefore be it LURA Minutes,9-19-00,7 RESOLVED,that the LURA hereby approves amending the loan agreement with Da'Spot,Inc.to extent the interest-only period through March, 2001, for which $125 monthly payments will be due to allow further analysis of the borrower's ability to meet debt service payments on the CD-RLF loan,and be it further RESOLVED, that, subject to review by the IURA Attorney, the Executive Director of the IURA is authorized to sign any and all documents necessary to implement this resolution,and be it further RESOLVED, that up to $500.00 for technical assistance be allocated for Montaner-Vargas and Da'Spot, Inc.,and be it further RESOLVED,that this action be contingent upon the borrower taking offered technical assistance. CARRIED unanimously. The meeting returned to agenda item II. VII. OLD BUSINESS VII-1 MHA FUNDING REQUEST-DISCUSSION VIII. NEW BUSINESS VIII-1 NEXT MEETING DATE:(TUESDAY)OCTOBER 17,2000,4PM To be scheduled. VIII-2 OTHER No other business. IX. EXECUTIVE SESSION Cohen/Farrell moved/seconded a motion to enter Executive Session at 5:00 PM. Executive Session ended at 5:38 PM,with no action taken. X. ADJOURNMENT The meeting was adjourned at 5:40 PM. end 9/26/2000 ARS/ars IURA Minutes, 10-17-00, 1 Minutes of the Ithaca Urban Renewal Agency 4:00 PM,Tuesday,October 17,2000 r c i '� �[ T Common Council Chambers,City Hall ►�: .'``N 'ur+ U PRESENT: LURA Members Jill Burlington,Alan Cohen,Susan Cummings,Tracy Farrell(4:15),Eric Rosario Staff Nels Bohn,Doug McDonald,Adam Smith Others Carol Ann Brust, Paula Burke,Norma Cain, Roseann Cain,Aileen Cangiano-Heath,Rosa Dean, Tom Edwards, Arleatha Evans, Gary Ferguson, Marcus A. Goines, Donne Houston, Sandra Howe, Antoinette Martinez, Jose Martinez, Kevin McKenna, Annmarie Murray, Shakara Perkins, Colby Pov, Douglas Richards, Diann Sams, Ainsley Sawyer, Aqeela Shakur, Ben Sinunoneau,David Sprague CALL TO ORDER Meeting was called to order at 4:14 PM by Cohen. H. PUBLIC COMMENT(5 MINUTE MAXIMUM PER PERSON) Cohen stated that comment would be limited to 3 minutes per person. No public comment. III. APPROVAL OF MINUTES FROM SEPTEMBER 19,2000 MEETING Cummings/Burlington moved/seconded a motion to approve the minutes. CARRIED unanimously. IV. MUTUAL HOUSING OF TOMPKINS COUNTY REQUEST FOR FUNDING After agency members and staff introduced themselves, Rosario and other members stated that they had thought that this agenda item would be discussed in November,and therefore were not as prepared as they would like to be to make decisions on the issue. Rosario stated that he would abstain from any vote taken. Cohen suggested that the resolution be split, and that the agency discuss $20,000 in funding for MRA's administrative costs while pushing the issue of $10,000 for MRA's predevelopment costs back to November 21, 2000. Cohen gave a history of the request from the City government side. Discussion ensued, concerning the potential ongoing nature of the request, the involvement of Common Council,and the short term/long term viability of MHA with and without the funding. Tom Edwards, Executive Director of MHA, gave a history of the request from the MHA side and NRA Minutes, 10-17-00,2 stated that MHA was now eligible for some state funding, but that without IURA funding, MHA would no longer be able to maintain the position of Executive Director. David Sprague, legal counsel for MHA, gave a history of MHA's near collapse, stating that without funding and expansion, MHA would collapse. Discussion ensued concerning MHA's fmancial statements and budgeting. Rosario asked for a recap of the mediation process that MHA went through; Edwards detailed the process for the agency. Cummings asked about MHA's fee increase history; Sprague gave a history, and stated that MHA was committed to only raising fees when required to cover costs that could not be reduced. Cohen/Burlington moved/seconded a resolution to approve $20,000 for MHA's administrative costs,but to wait on approval of the$10,000 for MRA's pre-development costs. Further discussion ensued concerning facilitation and mediation efforts for the residents of MHA homes; Edwards stated that sub-committees of the Residents Council were working on making improvements in the written policies and other areas of concern to residents. Bohn stated that Thys Van Cort (Executive Director of the LURA) was supportive of approving additional funding for MHA in order to assist the organization to reach self-sufficiency. Bohn stated that he was concerned for shepherding the IURA resources, but recognized that MHA expansion was critical and therefore supported funding to promote expansion of MHA. Bohn suggested that future funding be tied to a stipulation that MHA would show significant progress toward expansion within a time limit to be set by the LURA. Discussion ensued concerning the timing of the funding and the readiness of the members. Cohen called the question. YES -Cohen NO -Burlington,Cummings,Farrell,Rosario Burlington left at 5:14 PM. Cummings/Farrell moved/seconded an amendment,stating that MHA funds would be released only after IURA review of a completed application for additional funding from a source other than the LURA. Rosario/Cohen moved/seconded an amendment to the amendment, adding "Whereas the IURA as found all submissions satisfactory,and..." Farrell requested that MHA provide regular progress reports on issues noted by the facilitator to the IURA;Edwards stated that MHA would provide quarterly reports. Cohen called a vote on the amendments to the resolution. YES -Cohen,Farrell,Rosario NO -Cummings CARRIED. Discussion ensued concerning when to vote on each portion of the resolution. Rosario/Farrell moved/seconded a motion to table further discussion until November 1, 2000 at 4:00 PM. IURA Minutes, 10-17-00,3 CARRIED unanimously. Rosario and Farrell stated that they would like to meet with MHA residents prior to the November 1,2000 meeting.Cummings requested information about other collaborative housing projects. Cohen thanked MHA residents for coming.The meeting continued with agenda item VI-3. V. STAFF REPORTS V-1 CARPENTER BUSINESS PARK DISPOSITION-REPORT Bohn stated that the disposition process was now back at the very beginning,and that the agency and City would have to reconsider both the desired use and the representation for the property's sale.Discussion occurred concerning the reasons for failure of disposition thus far. Bohn stated that formal discussions could be begun with NYS DOT concerning access for the property from Rt. 13. V-2 JOB SEARCH-ASSISTANT COMMUNITY PLANNER POSITION-REPORT Tabled,no action taken. Cohen/Rosario moved/seconded a motion to recess until Wednesday,November 1,2000 at 4PM. CARRIED unanimously. VI. BUDGET AND ADMINISTRATION VI-1 SEPTEMBER 2000 FINANCIAL STATEMENTS Entered into the record. VI-2 INNS TARGET AREA EXPANSION REQUEST-RESOLUTION Cummings explained the need for target area expansion. Cummings/Farrell moved/seconded the following resolution: WHEREAS,the City was awarded$230K in the second year increment of the 1996 CDBG multi- year award from the U.S.Department of Housing and Urban Development(HUD)to implement phase II of a Northside Triangle Housing Renovation Program to rehabilitate 14 substandard,low- and moderate-income owner-occupied houses in a compact target area containing all or portions of eight blocks centered along First Street within the Northside Triangle neighborhood, WHEREAS,the IURA contracted with Ithaca Neighborhood Housing Services(INHS)to implement this project,and WHEREAS,INHS conducted surveys revealing that 37 owner-occupied homes in the target area were in substandard condition of which 19 of these homeowners were determined to be income- eligible,and NRA Minutes, 10-17-00,4 WHEREAS,INHS has completed 11 rehabilitation loans through the program,but have been unable to identify other eligible or willing homeowners within the limited target area after three years of marketing the program to neighborhood residents,and WHEREAS,outreach efforts have included letters mailed to each homeowner in the target area, personal contacts by INHS staff,presentations at neighborhood civic association meetings and a second round of mailings in 2000,and WHEREAS,INHS requests that the target area be expanded to include the entire Northside Triangle area bounded by Cascadilla Street,Cascadilla Creek and Route 13,and are comprised of 177 owner-occupied homes of which 58 are substandard,based on field survey work conducted in 2000,and WHEREAS,NRA staff has determined that the program cannot be fully implemented within the existing target area on a timely basis,and WHEREAS,the Budget&Administration Committee reviewed the proposed amendment at its October 10,2000 meeting and recommended the target area be expanded as requested by INHS, now,therefore be it RESOLVED,that the IURA hereby authorizes and directs the NRA Executive Director to seek HUD approval for a program amendment to expand the target area for phase II of the Northside Triangle Housing Renovation Program(1996 Year#2 CDBG,Activity 2.2)to include the entire Northside Triangle area bounded by Cascadilla Street,Cascadilla Creek and Rt. 13,and be it further, RESOLVED,that the IURA Executive Director,upon advice from the City Attorney,is authorized to sign any and all documents necessary to carry out this resolution. CARRIED. YES -Cohen,Cummings,Farrell ABST. -Rosario VI-3 324 E.STATE ST.(PARCEL 69.-1-3)PROPERTY DISPOSITION- RESOLUTION Tabled,no action taken.The meeting continued with agenda item VII-IA. V-4 JOB DESCRIPTION,DIRECTOR OF COMMUNITY DEVELOPMENT- RESOLUTION Cummings/Rosario moved/seconded the following resolution: WHEREAS,the Executive Director of the NRA is the Director of Planning&Economic Development,and WHEREAS,in the absence of the Executive Director,the Director of Economic Development is the Acting Executive Director of the IURA,and WHEREAS,the Budget and Administration Committee recommended at their 10/10/00 meeting that the Director of Community Development,rather than the Acting Executive Director,assume various CD staff supervision responsibilities in the absence of the Executive Director,now therefore be it RESOLVED, that the NRA hereby adopts the attached amendment, dated 10/17/00, to the job description of the Director of Community Development position authorizing the assumption of IURA Minutes, 10-17-00, 5 certain CD staff supervision functions in the absence of the IURA Executive Director. CARRIED unanimously. The meeting continued with agenda item VII-1B. VII. ECONOMIC DEVELOPMENT VII-1 CD-RLF A. DOUG RICHARDS,D/B/A URBAN IMPORTS,LOAN APPLICATION- DISCUSSION • A MOTION TO ENTER INTO EXECUTIVE SESSION TO DISCUSS FINANCIAL/CREDIT MATTERS RELATED TO THE ABOVE LOAN APPLICATION-RESOLUTION Rosario/Cummings moved/seconded a motion to enter Executive Session at 5:34 PM. CARRIED unanimously. Executive Session ended at 5:36 PM. Farrell/Rosario moved/seconded the following resolution: WHEREAS,on September 11,2000 Douglas L.Richards applied for$20,000 in loan assistance for working capital,inventory and other opening costs associated with a$102,500 start-up project of a retail store to be named Urban Imports to be located at 128 The Commons,creating 3 FTE employment opportunities available to low-and moderate-income persons,and WHEREAS,the primary objectives of the Community Development Revolving Loan Program (CD-RLF)is provision of direct financing for economic development activities to create employment opportunities,facilitate the expansion of business activity within the City of Ithaca and expansion of the City's commercial and industrial tax base,and WHEREAS,Douglas L.Richards has committed at least$16,300 of equity into the project,and WHEREAS,Douglas L.Richards has secured loan commitments from AFCU totaling$56,200 for the project,and WHEREAS,vendors have extended$10,000 in credit for inventory purchases,and WHEREAS,at their October 11,2000 meeting,the Economic Development Committee reviewed Douglas L.Richard's loan application and credit analysis prepared by H.Sicherman&Associates and recommended approving the loan as follows subject to the borrower providing adequate security for the full loan amount from a combination of a satisfactory personal guarantor yet to be identified and assignment of the$6,300 cash surrender value of the borrower's life insurance policy,therefore be it RESOLVED,that the IURA hereby approves a loan from the CD-RLF to Douglas L.Richards d\b\a Urban Imports in accordance with the loan application and the following terms: maximum loan amount: $20,000 IURA Minutes, 10-17-00,6 use of funds: working capital,inventory,and other opening expenses as detailed in the loan application(leasehold improvements excluded) term: 60 months interest rate: 5% repayment: interest only payments until full disbursement of loan proceeds or the 60th day from the date of execution of the loan agreement,whichever is sooner,thereafter level monthly payments due to fully amortize the debt over a term not to exceed 60 months($378/month). conditions: 1. creation of three full-time equivalent employment opportunities,all of which will be available to low-and moderate-income persons; 2. revision of fmancial provisions section of the business plan to include assumptions used in projecting sales, include all opening expenses&inclusion of an opening balance sheet; 3. tax returns for the business and the borrower by prepared by an outside accountant;and, 4. inclusion of a cross-default provision in the note. collateral: 3r1 lien on all business assets to include accounts,inventory, furniture,fixtures and equipment now owned or hereinafter acquired (behind 1 SL lien held by AFCU for its$10,000 line of credit loan and a rd lien held by AFCU and the SBA for a $46,200 loan. guarantors: Unlimited personal guarantees of Douglas L.Richards and Iserial A.Richards. RESOLVED,that the LURA Chair,upon the advise of the Executive Director and City Attorney, is hereby authorized to execute all necessary and appropriate documents to implement this resolution,including,but not limited to,executing loan agreement documents. CARRIED unanimously. The meeting continued with agenda item VI-l. B. ALTERNATIVES CUSO LOAN MODIFICATION-RESOLUTION Rosario/Cohen moved/seconded the following resolution: WHEREAS, at the August 15,2000 meeting,the IURA approved a loan of up to$250,000 from the West End Commercial Loan Program and the CD-RLF to Alternatives Ithaca CUSO,Inc. for the purpose of assisting in the financing of new equipment to support operations in the new AFCU/CUSO building to be constructed on North Fulton Street, WHEREAS, the structure of the project provided for the Alternatives Fund to own the project real estate and CUSO to own certain equipment,fixtures and fixed assets,and IURA Minutes, 10-17-00,7 WHEREAS, AFCU has agreed to enter a long-term lease agreement with CUSO to pay CUSO a monthly amount sufficient to meet principal and interest payments due to the IURA to amortize the IURA loan,and WHEREAS, the loan was additionally secured by 3rd mortgage on the project real estate to be owned by the Alternatives Fund,and WHEREAS, the IURA has been informed that The Alternatives Fund will not allow a third lien on the real estate unless the assets purchased with the proceeds from the IURA loan are also owned by The Alternatives Fund,and WHEREAS, The Alternatives Fund met and agreed to accept the IURA loan under the same terms as offered to CUSO,and WHEREAS, at their October 11,2000 meeting,the Economic Development Committee reviewed the proposed restructuring of the loan and recommended approving the Alternatives Fund as the borrower instead of CUSO,now therefore be it RESOLVED, that the IURA hereby approves substituting The Alternatives Fund,Inc. for the Alternatives Ithaca CUSO,Inc.as the name of the borrower for a loan of up to$250,000 for the AFCU facility as approved on August 15,2000,subject to the following: 1. Submission of a completed IURA loan application by the Alternatives Fund; 2. Submission of satisfactory financial statements for the borrower for the past two years;and, 3. Submission of satisfactory year-to date fmancial statements for borrower. RESOLVED, that the IURA Chair,upon the advice of the Executive Director and City Attorney,is hereby authorized to execute all necessary and appropriate documents to implement this resolution,including,but not limited to,executing loan agreement documents. CARRIED unanimously. C. LOAN ELIGIBILITY-LESLIE MUHLHAHN LOAN APPLICATION- RESOLUTION Rosario gave a brief history of the resolution,and discussion ensued. Cummings/Rosario moved/seconded a motion to enter Executive Session at 5:42 PM. Executive Session ended at 5:47 PM,with no formal action taken. Rosario/Cohen moved/seconded the following resolution: WHEREAS,on October 5,2000 Leslie Muhlhahn d/b/a Just Desserts applied for$25,000 in loan assistance to relocate and expand an existing bakery business into a downtown café and bakery, and WHEREAS,the primary objectives of the Community Development Revolving Loan Program (CD-RLF)is provision of direct fmancing for economic development activities to create employment opportunities,facilitate the expansion of business activity within the City of Ithaca and expansion of the City's commercial and industrial tax base,and WHEREAS,current Community Development Revolving Loan Fund(CD-RLF)policy prohibits loans to restaurants and bakeries due to their high risk,and NRA Minutes, 10-17-00,8 WHEREAS,the LURA is currently developing proposed revisions to the CD-RLF policy that would expand eligibility of allow certain restaurants and bakeries to apply for loan assistance from the CD-RLF where such loan would result in exceptional public benefit and/or incorporates factors that significantly reduce the risk of such loan,and WHEREAS,at their October 11,2000 meeting,the Economic Development Committee discussed the loan application and recommended that current eligibility requirements be waived and L. Muhlhahn's application be considered for funding from the CD-RLF due to a combination of exceptional public benefits that potentially will be provided by the project and factors that significantly reduce the risk of such loan,including,but not limited to,the following factors: • woman-owned business • downtown business location • strong capacity and experience of the borrower in operating a similar business • project is an expansion of existing business versus a start-up • substantial revenue is projected to be generated from established pastry sales and wedding cakes,now,therefore be it RESOLVED,that the IURA hereby approves the eligibility of L.Muhlhahn's 10/5/00 loan application to the CD-RLF to relocate and expand an existing bakery business to a downtown bakery and café,hereby waiving the eligibility requirements barring restaurants for this application,and authorizing the loan review process to proceed. CARRIED unanimously. VII-2 ESTY STREET PARICINNG LOT ACQUISITION AND DISPOSITION- RESOLUTION Discussion ensued concerning the current status of the lot. Members asked that a stipulation be added,requiring that possession of the parcel be retained by the IURA if the sponsor fails in their development commitment. Cohen/Farrell moved/seconded the following resolution: WHEREAS,the approximately 6,400 square foot unimproved parking lot parcel located at the southeast corner of Fulton Street and Esty Street in the City's West End neighborhood was acquired by the State of New York Department of Transportation under the Route 96 project,and WHEREAS,the City has requested the NYDoT to convey the parcel directly to the City as"excess property"to enable resale or lease of the property by the City to an interested party to implement recommendations of the West End Urban Design Plan,and WHEREAS,the NYDoT has indicated they are nearing fmal action to approve conveyance of the parcel to the City of Ithaca at fair market value,and WHEREAS,the Common Council of the City of Ithaca declared its intent,subject to environmental review,to acquire the Esty Street parking lot parcel from the New York State Department of Transportation and transfer the parcel to the IURA for the purpose of disposition,at no less than fair market value,to a qualified and eligible sponsor to implement the recommendations of the West End Urban Design Plan,and WHEREAS,the Common Council has determined that such qualified and eligible sponsor must demonstrate that sufficient permanent fmancing commitments are available to complete a project that implements the recommendations of the West End Urban Design Plan,and IURA Minutes, 10-17-00,9 WHEREAS,the LURA is authorized to acquire and dispose of property in accordance with Article 15,Sections 506 and 507 of NYS General Municipal Law(GML),and WHEREAS,such parcel is located within the project boundaries of the Urban Renewal Plan,and WHEREAS,the LURA is authorized to dispose of property by outright sale or through various leasing or lease/purchase arrangements to qualified and eligible sponsors,and WHEREAS, Section 507 of GML requires that any proposed IURA disposition is subject to approval by the Common Council after a public hearing held not less than ten days after the publication of a notice providing:(1)the identity of the proposed sponsor,(2)the price to be paid by the sponsor and all other essential terms and conditions of the disposition,and(3)proposed use of the parcel,and WHEREAS,the LURA Economic Development Committee(EDC)recommended acceptance of the property at its October 11,2000 meeting,subject to EDC review and approval of the sponsor, now,therefore be it RESOLVED,that the IURA hereby agrees to accept a future conveyance of the approximately 6,400 sq.ft.Esty Street parking lot parcel(identified as parcel no. 116 on map no. 89-C prepared by NYDOT for P.I.N.3047.04)from the City of Ithaca for the purpose of disposition,at no less than fair market value,to a qualified and eligible sponsor to implement the recommendations of the West End Urban Design Plan and the Urban Renewal Plan,and be it further RESOLVED,that such qualified and eligible sponsor must demonstrate that sufficient permanent fmancing commitments are available to complete a project incorporating the parcel that implements the recommendations of the West End Urban Design Plan,and be it further RESOLVED,that the Economic Development Committee shall make a recommendation to the IURA regarding whether a proposed sponsor has met the criteria for disposition contained in this resolution prior to the IURA proposing a sale to the Common Council,and be it further RESOLVED,that such conveyance is subject to reimbursement of any and all expenses incurred by the IURA in the disposition or interim ownership of the parcel from future proceeds from the lease and/or sale of parcels or from funds due from the IURA to the City,and be it further RESOLVED,that the IURA Chair,upon review by the IURA Executive Director and the IURA Attorney,is hereby authorized to sign any and all instruments necessary to accept conveyance of the Esty St.Parking Lot parcel from the City of Ithaca,and be it further RESOLVED,that the IURA authorizes the staff to conduct preliminary negotiations with potential sponsors to develop a submission package for consideration by the EDC committee. CARRIED unanimously. VII-3 CHERRY ST.INDUST.PARK EMF CORP.AUTHORIZATION TO SUBLEASE- RESOLUTION Cohen introduced the resolution. Discussion ensued concerning the ownership of land and building,as well as other sites for Kolar's business. Rosario/Cohen moved/seconded the following resolution: • NRA Minutes, 10-17-00, 10 WHEREAS,the Ithaca Urban Renewal Agency(IURA)previously entered into Lease Agreements dated 5/26/88 and 9/10/85 with Evaporated Metal Films,Corp.(EMF)for property located at 239 and 245-247 Cherry Street in the Cherry Street Industrial Park,and WHEREAS,EMF desires to sublease underutilized portions of their facility and parking in the Cherry Street Industrial Park to Kolar,Inc.for a three year term with an option for a one-year renewal,and WHEREAS,leases between the NRA and EMF include the following language:"Lessee shall not assign this lease or any interest therein,to any party without approval of the NRA;such approval will not be unreasonably withheld",and WHEREAS,the Economic Development Committee discussed the sublease request at their 10/11/00 meeting and recommended approving such sublease subject to submission of the sublease,now,therefore be it RESOLVED,that the IURA hereby approves the sublease between EMF Corp.and Kolar,Inc. commencing 9/13/99 for a three year term with an option for a one year renewal subject to submission of a copy of the executed sublease. CARRIED unanimously. The meeting continued with agenda item V-1. VIII. OLD BUSINESS No old business. IX. NEW BUSINESS IX-1 NEXT MEETING DATE:(TUESDAY)NOVEMBER 21,2000,4PM (THANKSGIVING WEEK) Tabled,no action taken. IX-2 OTHER No other business. X. ADJOURNMENT Tabled,no action taken. The meeting was not adjourned. end 10/25/2000 ARS/ars NRA Minutes, 11-1-00, 1 Continuance of 10-17-00 meeting Minutes of the Ithaca Urban Renewal Agency Continuance of 10-17-2000 Meeting , 4:00 PM,Wednesday,November 1,2000 �,Z+` Second Floor Conference Room,City Hall PRESENT: IURA Members Jill Burlington,Alan Cohen, Susan Cummings,Tracy Farrell,Eric Rosario (4:17) Staff Nels Bohn,Adam Smith,Thys Van Cort Others Carol Ann Brust, Tom Edwards, Marcus A. Goines, Antoinette Martinez, Jose Martinez, Annmarie Murray, Wendy Rightmyer, Aqeela Shakur,David Sprague I. CALL TO ORDER Meeting was called to order at 4:06 PM by Cohen. II. MUTUAL HOUSING OF TOMPIQNS COUNTY REQUEST FOR FUNDING Cohen/Farrell moved/seconded the following resolution: WHEREAS,the Mutual Housing Association of Tompkins County(MHA)has requested funding for FY 2000 in the amount of$30,000 from the IURA,and WHEREAS,MHA is a non profit 501(c)3 provider of 28 housing units for low-and moderate-income families,and WHEREAS,MHA requests funding to assist in the development of additional housing units(Phase III)and further indicates that funding is necessary to provide staff compensation,site plan design,and professional fees,and WHEREAS,MHA and Housing Visions Unlimited, Inc.have executed a development agreement specifying that MHA shall be responsible for 20%of pre-development expenses for Phase III,and WHEREAS,approximately$7,000 of out-of-pocket,pre-development expenses have been expended on the expansion project to date for preparation of feasibility and initial development analysis of target expansion properties,and WHEREAS,MHA has submitted the following information to support the funding request: • Request for Funding Packet,undated(received 3/10/00),including pro forma projections, phase III development information,and qualifications of their development partner • Resident's Handbook,Mutual Housing Association of Tompkins County,8/2/00 • Checking the Environment at Mutual Housing Association of Tompkins County,A Report to the Residents, Staff and Board of Directors,July,2000,prepared by Kirby Edmonds of TFC Associates • Results and Recommendations Compiled After"New Beginnings"Workshop,Mutual Housing Association of Tompkins County,August 19,2000 • Notification from NYS Division of Housing and Community Renewal of MHA's designation as a Community Housing Development Organization(CHDO),dated 5/19/00,and WHEREAS,the IURA has found the above documents satisfactory,now therefore be it r- NRA Minutes, 11-1-00,2 Continuance of 10-17-00 meeting RESOLVED,that the IURA hereby approves funding for MHA in the amount of$20,000 to be used for the purpose(s) of administration,and be it further RESOLVED,that such funding will be released only after IURA receipt from MHA of a completed application for additional funding from a source other than the IURA,and be it further RESOLVED,that such IURA funding shall come from Housing Development Action Grant repayments(HODAG),and be it further RESOLVED,that the staff is directed to develop an agreement between the IURA and MHA to implement this resolution and monitor MHA performance,including quarterly progress reports on issues noted by the facilitator in their 8/19/00"New Beginnings"report,and that the IURA Chair,upon review by the IURA Executive Director and the IURA Attorney,is authorized to sign such agreement. Bohn explained that the staff recommended resolution was different that the one that had been moved by Cohen/Farrell in that it moved all $30,000 of the request, delineating $10,000 specifically for MHA Phase III pre-development costs and requiring MHA to meet certain benchmarks before future funding can be approved. Bohn gave a history of MHA's previous pre- development efforts.Bohn stated that the benchmarks were devised and agreed upon by MHA and the LURA staff. Discussion ensued concerning the MHA partnership with Housing Visions, the benefits of and need for MHA expansion,sources of Phase III funding. Farrell suggested that the$30,000 be split into two separate"resolved"statements, delineating the use of the funds. Rosario suggested that a contingency be added to the funding, placing a moratorium on evictions until the eviction policy was in place and requiring an independent third party to survey the residents of MHA once more to compare it to the first survey. Discussion ensued concerning eviction policy. Brust stated that a clarified eviction policy would be in place by the end of the year,and that MHA intended to use the previously developed survey twice in 2001. Cohen/Farrell moved/seconded a motion to withdraw the previous resolution. Discussion ensued concerning the survey procedure. MHA and the Agency agreed that the survey developed by Kirby Edmonds of TFC Associates was acceptable for future surveys, and the Agency stated that it would work with MHA to fmd an acceptable third party to administer the survey. Cohen/Burlington moved/seconded the following staff-recommended resolution, splitting the second "resolved" into two separate "resolved" statements, delineating the use of the funds, and adding another"resolved"mandating that another survey be administered in June,2001. WHEREAS, the Mutual Housing Association of Tompkins County (MHA) has requested funding for FY2000 in the amount of$30,000 from the IURA,and WHEREAS, MHA is a non profit 501(c)3 provider of 28 housing units for low- and moderate-income families,and WHEREAS,MHA requests funding to assist in the development of additional housing units(Phase III)and further indicates that funding is necessary to provide staff compensation, site plan design, and professional fees,and WHEREAS, MHA and Housing Visions Unlimited, Inc. have executed a development agreement specifying that MHA shall be responsible for 20%of pre-development expenses for Phase III,and IURA Minutes, 11-1-00,3 Continuance of 10-17-00 meeting WHEREAS,approximately$7,000 of out-of-pocket,pre-development expenses have been expended on the expansion project to date for preparation of feasibility and initial development analysis of target expansion properties,and WHEREAS,MHA has submitted the following information to support the funding request: • Request for Funding Packet, undated (received 3/10/00), including pro forma projections, phase III development information,and qualifications of their development partner • Resident's Handbook,Mutual Housing Association of Tompkins County,8/2/00 • Checking the Environment at Mutual Housing Association of Tompkins County, A Report to the Residents, Staff, and Board of Directors, July, 2000,prepared by Kirby Edmonds of TFC Associates. • Results and Recommendations Compiled After "New Beginnings" Workshop, Mutual Housing Association of Tompkins County,August 19,2000 • Notification from NYS Division of Housing and Community Renewal of MHA's designation as a Community Housing Development Organization(CHDO),dated 5/19/00,and WHEREAS,the AURA has found the above documents satisfactory,now,therefore,be it RESOLVED,that the IURA hereby supports assisting MHA to become financially self-sufficient through a Phase III expansion requiring significant staff effort and out-of-pocket pre-development costs, and be it further RESOLVED, that the IURA hereby approves funding for MHA in the amount of$20,000 to be used "to support the construction, rehabilitation, or operation of real property to be used primarily for low and moderate income residential rental purposes,"and be it further RESOLVED, that the IURA hereby approved funding for MHA in the amount of$10,000 to be used for out-of-pocket pre-development costs associated with Phase III expansion,and be it further RESOLVED, that the source of such IURA funding shall come from Housing Development Action Grant repayments(HODAG),and be it further RESOLVED, that any future request for funding from MHA is conditioned upon AURA satisfaction of progress toward completing the Phase III housing expansion project as evidenced by meeting the following mutually agreed benchmarks within 12 months of disbursement of any funding to MHA: 1. site identification and site control of the proposed project site, or sites, for which engineering and regulatory feasibility have been demonstrated; 2. completion of a schematic project design; 3. preparation of a draft project budget and a fmancing plan identifying proposed uses and sources of funds,and 4. development of a projected cash flow analysis for the project,and be it further RESOLVED,that the staff is directed to develop an agreement between the IURA and MHA to implement this resolution and monitor MHA performance, including quarterly progress reports on issues noted by the facilitator in their 8/19/00 "New Beginnings" report, and that the NRA Chair, upon review by the IURA Executive Director and the AJRA Attorney,is authorized to sign such agreement. Rosario/Farrell moved/seconded an amendment acknowledging MHA's work to clarify the eviction procedure, and mandating a moratorium on evictions until a refined policy has been ratified according to MHA's By-Laws. CARRIED YES- Burlington,Cummings,Farrell,Rosario. NO- Cohen IURA Minutes, 11-1-00,4 Continuance of 10-17-00 meeting Discussion ensued concerning site identification of future developments, Cummings and Farrell suggesting that development should occur downtown. Edwards and Sprague stated that MHA was particularly interested in downtown sites, and that the current MHA development actively drew people into the downtown. Cummings/Farrell moved/seconded an amendment stating that MHA would "make every reasonable effort to identify a site in the downtown of the City of Ithaca." CARRIED unanimously. Discussion ensued concerning future funding for MHA from the IURA,particularly for FY 2001. Cohen/Burlington moved/seconded an amendment to add another"resolved"that was the same as the statement concerning the$20,000 for FY2000,but for FY2001. Discussion ensued concerning giving funding for 2001 without first having second survey results. Burlington stated her opinion that funding for FY2001 should be given without strings,and that the survey should be used to determine 2002 funding, rather than pulling 2001 funding mid-year. Cummings stated her opinion that because MHA was a unique funding request, unlike other agencies requesting funding, that standard funding procedures do not apply to them, and that the NRA should not yet commit to 2001 funding.Further discussion ensued. Cohen called a vote on the amendment. DEFEATED. YES- Cohen,Burlington NO- Cummings,Farrell,Rosario Cohen called a vote on the resolution as amended. The fmal amended version of the resolution reads as follows. WHEREAS, the Mutual Housing Association of Tompkins County (MHA) has requested funding for FY2000 in the amount of$30,000 from the IURA,and WHEREAS, MHA is a non profit 501(c)3 provider of 28 housing units for low- and moderate-income families,and WHEREAS,MHA requests funding to assist in the development of additional housing units(Phase III)and further indicates that funding is necessary to provide staff compensation, site plan design, and professional fees,and WHEREAS, MHA and Housing Visions Unlimited, Inc. have executed a development agreement specifying that MHA shall be responsible for 20%of pre-development expenses for Phase III,and WHEREAS,approximately$7,000 of out-of-pocket,pre-development expenses have been expended on the expansion project to date for preparation of feasibility and initial development analysis of target expansion properties,and WHEREAS,MHA has submitted the following information to support the funding request: • Request for Funding Packet, undated (received 3/10/00), including pro forma projections, phase III development information,and qualifications of their development partner • Resident's Handbook,Mutual Housing Association of Tompkins County,8/2/00 • Checking the Environment at Mutual Housing Association of Tompkins County, A Report to the Residents. Staff and Board of Directors, July, 2000,prepared by Kirby Edmonds of TFC Associates. NRA Minutes, 11-1-00,5 Continuance of 10-17-00 meeting • Results and Recommendations Compiled After "New Beginnings" Workshop. Mutual Housing Association of Tompkins County,August 19,2000 • Notification from NYS Division of Housing and Community Renewal of MHA's designation as a Community Housing Development Organization(CHDO),dated 5/19/00,and WHEREAS,the IURA has found the above documents satisfactory,now,therefore,be it RESOLVED,that the IURA hereby supports assisting MHA to become financially self-sufficient through a Phase III expansion requiring significant staff effort and out-of-pocket pre-development costs, and be it further RESOLVED, that the IURA hereby approves funding for MHA in the amount of$20,000 to be used "to support the construction, rehabilitation, or operation of real property to be used primarily for low and moderate income residential rental purposes,"and be it further RESOLVED, that the IURA hereby approved funding for MHA in the amount of$10,000 to be used for out-of-pocket pre-development costs associated with Phase III expansion,and be it further RESOLVED, that the source of such IURA funding shall come from Housing Development Action Grant repayments(HODAG),and be it further RESOLVED, that any future request for funding from MHA is conditioned upon IURA satisfaction of progress toward completing the Phase III housing expansion project as evidenced by meeting the following mutually agreed benchmarks within 12 months of disbursement of any funding to MHA: 1. site identification and site control of the proposed project site, or sites, for which engineering and regulatory feasibility have been demonstrated; 2. completion of a schematic project design; 3. preparation of a draft project budget and a financing plan identifying proposed uses and sources of funds,and 4. development of a projected cash flow analysis for the project,and be it further RESOLVED,that the IURA requires a survey of MHA residents to be conducted by an independent 3rd party by June 30,2001,and be it further RESOLVED,that the LURA acknowledges MHA's work to clarify it's eviction procedure, and mandates a moratorium on evictions until a refined policy has been ratified according to MRA's By-Laws, and be it further RESOLVED,that the MHA shall "make every reasonable effort to identify a site in one of the downtown neighborhoods of the City of Ithaca,"and be it further RESOLVED,that the staff is directed to develop an agreement between the IURA and MHA to implement this resolution and monitor MHA performance, including quarterly progress reports on issues noted by the facilitator in their 8/19/00 "New Beginnings" report, and that the IURA Chair, upon review by the LURA Executive Director and the LURA Attorney,is authorized to sign such agreement. CARRIED unanimously. Sprague stated his confusion as to when MHA was to come back to seek funding for 2001;Agency members suggested June 2001. Edwards stated that returning in June 2001 would cripple MHA by preventing it from paying both the salary of the Executive Director and its other bills. Discussion ensued, and it was made clear that MHA was free to return with a funding request without any mandated timeframe. IURA Minutes, 11-1-00,6 Continuance of 10-17-00 meeting III. OTHER BUSINESS No other business. IV. NEXT MEETING DATE:(TUESDAY)NOVEMBER 21,2000,4PM Tabled,no action taken. V. ADJOURNMENT Meeting adjourned at 5:40 PM end 11/2/2000 ARS/ars IURA Minutes (Special Mteetin,), 12-5-00, 1 Minutes of the Ithaca Urban Renewal Agency SPECIAL MEETING :%cs °`IY��` �. T9:00 PM, Tuesday, December 5, 2000 Second Floor Conference Room, City Hall PRESENT: IURa Members Jill Burlington, Susan Cummings,Tracy Farrell, Eric Rosario Staff Nels Bohn,Adam Smith,Thys van Cort CALL TO ORDER • Meeting was called to order at 9:08 PM by Cohen. H. MAYOR'S NEIGHBORHOOD HOUSING INITIATIVE-RESOLUTION Cohen introduced the proposal, and explained the need for re-examining the IURA boundaries. Cohen stated that the B & A committee would be discussing the boundaries, but that it was an ongoing discussion; Cohen also stated that any changes would require Common Council approval. Cummings asked if there were any time constraints that required approval of the initiative immediately, and whether the IURA boundaries would simply be expanded, or if they would be removing areas as well. Cummings also asked about including language to further delineate the responsibilities of the oversight committee. Cohen stated that objectives for the plan would be set by Common Council, and that the technical aspects and other details would be looked after by the oversight committee. Cohen proposed the following changes: p.2, last bullet: "Mayoral-appointed six member committee subject to Common Council approval to select candidate properties...." p. 3, "Common Council liaison to the IURA"to"Common Council Member" p. 3, "member from the INHS Board of Directors"to"INHS Board Member appointed by INHS" Cummings stated that she was uncomfortable including the third paragraph on p. 2,beginning, "In rare instances...."Cummings asserted that the language encourages acquistion for the purpose of demolition, and removing the paragraph does not preclude demolition should it be necessary. Discussion ensued;Cohen agreed to remove the paragraph. Cummings, in reference to the final bulleted section on p. 2, stated that she believed that INHS should select the properties to be acquired, as they had considerable experience in doing so already. Cohen agreed, adding that the oversight committee then approve INHS's choices. Discussion ensued concerning the possibility of people frustrated by the City's involvement in `recycling' housing, and removing those properties from the private sector. Cummings suggested that language be added, addressing the need to protect the public interest. Further discussion ensued, concerning planning for potential public concern and acquisition expense. Bohn stated that the fair market value of a property would be determined by an independent appraisal; Cohen stated that the oversight committee would consider the acquistion and renovation costs and then determine whether they would pay over fair market for a given property. Discussion ensued concerning the composition of the oversight committee. Farrell suggested i IURA Minutes(Special Meeting). 12-5-00. 2 changing p. 3, "real estate professional specializing in property management" to "real estate professional familiar with the sales market in the City." Cohen stated that he had designed the committee's composition to make it as apolitical as possible and to require a greater sense of consensus in its decisions. Discussion ensued. Farrell suggested that a legislative intent section be added to give a stronger introduction to the initiative. Cohen and other members agreed, and Cohen stated that he would write such a section based on member's comments. Cohen asked whether or not the initiative should provide a means to encourage certain categories of people to move into renovated homes in the City, along the lines of HUD's "Cop Next Door" and "Teacher Next Door" programs, to include police, teachers, and city employees. Discussion ensued concerning the feasibility of such a program. Cummings suggested that the initiative state that homes would be "agressively marketed to specific groups." The agency agreed that houses could be previewed by target groups and that an email newsletter could be sent to the police and city employees easily. Discussion ensued concerning the selection process for contractors to be employed by this initiative. Farrell suggested that a tax exemption be considered for people who purchase homes slated for renovation before the work is completed. Discussion ensued concerning removal of specific agency names from the initiative's list of eligibile buyers, while still allowing cooperatively owned organizations to be listed as eligible buyers. Discussion ensued concerning the possible perception that landlords were being rewarded for allowing rental properties to become a blighting influence on the community; further discussion ensued concerning ways to prevent such landlords from engaging in such practices. Discussion ensued concerning areas to add or remove from the IURA boundary map. Cummings/Burlington moved/seconded an endorsement of the Mayor's Neighborhood Housing Inititative with the discussed changes. CARRIED unanimously. III. NEXT MEETING DATE:(TUESDAY)DECEMBER 19,2000,4PM Date accepted. IV. ADJOURNMENT The meeting was adjourned at 10:11 PM. end 12/7/2000 ARS/ars IURA Minutes, 12-19-00, 1 Minutes of the Ithaca Urban Renewal Agency 4:00 PM, Tuesday, December 19, 2000 Common Council Chambers, Third Floor, City Hall f.M\ Fr PRESENT: IURa Members Jill Burlington, Susan Cummings(left 4:40 PM), Tracy Farrell Staff Nels Bohn, Doug McDonald,Adam Smith, Thys Van Con,Wies van Leuken Others Lauren Bishop,Hank Cesaria,Patricia Dunn, Fay Gougakis, George Lyons, Joey Moro, Gregg Palermo, Paul Sarokwash,John Schmidt, Scott Whitham,Cynthia Yahn CALL TO ORDER Meeting was called to order at 4:10 PM by Cohen. II. PUBLIC COMMENT(3 MINUTE MAXIMUM PER PERSON) Fay Gougakis, a resident of the City of Ithaca, stated that she appreciated the public comment period in the IURA meeting, and that she was disturbed that the Planning Board's bylaws prevented it from having a Common Council Liaison. Gougakis expressed a concern that members of Common Council did not have sufficient time to examine the Mayor's Housing Initiative, and that since it would use$2 million of taxpayer monies,that time should be taken to consider it fully. Gougakis ran over her allotted three minutes and was dismissed by Cohen. In answer to Gougakis's concerns, Cohen stated that Common Council members had seen earlier drafts of the initiative sufficiently prior to the meeting,and that they received the final draft the day of the meeting. Cummings stated that a major concern was to be certain that the initiative was integrated with current codes and programs, and that as the major portion of the work would go through INHS, those concerns were settled. Farrell added that INHS had a long record of success in the community. lII. APPROVAL OF MINUTES FROM NOVEMBER 21,2000 MEETING Cummings/Burlington moved/seconded a motion to approve the minutes from the November 21, 2000 meeting of the IURA. CARRIED unanimously. Cummings/Burlington moved/seconded a motion to approve the minutes from the December 5, 2000 special meeting of the IURA. CARRIED unanimously. IV. STATE THEATRE PROJECT,PRESENTATION-HISTORIC ITHACA,LLC George Lyons passed handouts to each member of the IURA and to the staff. Whitham explained the budget page and informed the IURA of Historic Ithaca's intent to request funds in the amount IUR-\ Minutes, 12-19-00, 2 of$300,000 and to return to the IURA on January 16`'' with a formal presentation. Discussion ensued concerning the management of the State Theatre and the membership of the committees overseeing it. Whitham gave a line by line explanation of the Project Update handout, showing that Historic Ithaca had committed $676,985 to the $1.3 million project, leaving a gap of$656,265. Whitham reaffirmed Historic Ithaca's commitment to opening the State Theatre in 2001. Cohen left the meeting at 4:27. Whitham asked if members had any questions or data that they would like to see in the format presentation on Jan 16, 2001. Farrell asked about the EPA grant that was listen on the Update handout; Whitham stated that the State Theatre had received an EPA grant before, and that they felt confident that they would receive the one mentioned. Van Cort asked that the IURA look carefully at the funding source for the request, suggesting that other funding avenues besides UDAG monies be considered. Bohn stated that it was important that the project be completed, given HUD rules concerning funds invested.Discussion ensued. Cummings/Burlington moved/seconded a motion to enter Executive Session at 4:35 PM. Executive Session ended at 4:37 PM,with no action taken. Cummings asked that Whitham stay in contact with IURA staff.Discussion ensued concerning new lead paint regulations and their possible effect on the State Theatre restoration. Whitham asked that the NRA inform him of anything that needed to be made more clear. V. STAFF REPORTS V-1 MAYOR'S NEIGHBORHOOD HOUSING INITIATIVE Tabled,no action taken. V-2 STAFF CLARIFICATIONS TO DRAFT MINUTES Tabled,no action taken. V-3 REQUEST FOR CONSIDERATION TO BE PLACED UNDER THE CITY'S HEALTH PLAN Tabled,no action taken. V-4 FY 2000 PERFORMANCE ASSESSMENT REVIEW(PAR) PUBLIC REVIEW SCHEDULE Bohn stated that the PAR would be available for public review as of January 2,2001. V-5 OTHER No other reports. VI. HOUSING,NEIGHBORHOODS,AND INFRASTRUCTURE No action taken. IURA Minutes, 12-19-00. 3 VII. BUDGET AND ADMINISTRATION VII-1 NOVEMBER.2000 FINANCIAL STATEMENTS Entered into the record. VII-2 PROPOSED FY 2001 BUDGET-RESOLUTION Bohn presented the proposed budget and stated that the FY 2002 and FY 2003 had been removed from the resolution. Cohen mentioned the impending Rothschilds Building (Comex) UDAG loan close-out, and stated his desire to reserve long term operation funds from the agency's assets and to analyze the RLF's funds and needs. Discussion ensued concerning specific line items in the budget. Farrell asked if Bohn was comfortable with the budget estimates; Bohn stated that he was comfortable, but that they would need to refer to the budget as the year passed to check its accuracy. Farrell/Burlington moved/seconded the following resolution: WHEREAS, the TURA desires to adopt an administrative budget to guide expenditures and manage financial resources of the IURA,and WHEREAS, at their 12/5/2000 meeting, the Budget and Administration Committee reviewed a draft budget,dated 12/01/2000,and recommended its adoption as revised, and WHEREAS, staff has subsequently identified corrections tot he salary and benefits line items thereby reducing the budget by approximately$6,000,now,therefore,be it RESOLVED, that the IURA hereby adopts the FY 2001 LURA Administrative Budget, dated 12/19/2000 as herein attached. CARRIED unanimously. VII-3 PROJECT BOUNDARY MAP,PROPOSED AMENDMENTS-RESOLUTION Tabled. VII-4 ASSISTANT CD PLANNER A. JOB DESCRIPTION-RESOLUTION Farrell/Burlington moved/seconded the following resolution: WHEREAS, the position of Community Development Planner for the Ithaca Urban Renewal Agency (IURA),has been vacant since June 20,2000, and WHEREAS,the IURA desires to increase staffing to address this vacancy, and WHEREAS, the Budget and Administration Committee recommends the creation of an "Assistant Community Development Planner"employment position to meet future staffing needs,now, therefore,be it RESOLVED, that the NRA hereby creates the employment position of "Assistant Community Development Planner" with the job description and salary schedule, dated 12/19/2000, for the Assistant Community Development Planner position as herein described. LURA Minutes, 12-19-00, 4 Brief discussion ensued. CARRIED unanimously. B. FILL.JOB POSITION-RESOLUTION Cohen asked that the members read the resume put forward by the Executive Director for the desired candidate. Farrell/Burlington moved/seconded the following resolution: WHEREAS, the IURA authorized the IURA Executive Director to advertise and conduct interviews of candidates to fill the vacant Community Planner position upon review by the Budget and Administration Committee,and WHEREAS, the Budget and Administration Committee recommended advertising to fill an "Assistant Community Development Planner"position at a base salary of$28,935, depending on qualifications,and WHEREAS, the position was duly advertised at the local, regional, and national level resulting in applications from eight candidates meeting the minimum job qualifications,and WHEREAS,the Search Committee,composed of H.M. Van Cort,D. McDonald, L. Chatterton,&N.Bohn, held interviews with top candidates and selected a preferred candidate,now,therefore,be it RESOLVED, that the IURA hereby offers the vacant employment position of Assistant Community Development Planner for the IURA to Sue Kittel as follows: • Base Salary: Step 2 -Assistant Development Community Planner($30,995 for FY 2001) • Paid Vacation: Three weeks • Start Date: January 10,2001 • Other Working Conditions/Benefits: Governed by the IURA Human Resource Policies and be it further, RESOLVED, that the IURA Executive Director is authorized to execute any and all documents necessary to implement this resolution. CARRIED unanimously. VII-5 WEST STATE STREET COMMERCIAL LOAN PROGRAM-EXPAND TARGET AREA Bohn gave a brief description of the expansion(a two-block area bounded by W. Green, Cayuga, W.Seneca,and Geneva Streets)and discussion ensued. Farrell/Burlington moved/seconded the following resolution: WHEREAS,the City was awarded$300,000 in the third year increment of the 1996 CDBG multi-year award from the U.S. Department of Housing and Urban Development(HUD) to implement a revolving loan program to assist businesses in the West State Street corridor expand employment opportunities for • low/mod area residents, and WHEREAS,the IURA has conducted marketing of the program through focus group meetings with employers, employees and residents as well as individual contacts with businesses in the target area,and IURA Minutes, 12-19-00, 5 WHEREAS, the IURA has rejected one application for loan assistance through the program and another loan application is pending, and WHEREAS, the current balance in the program is approximately$283,000, and WHEREAS, current 8-block target area is bounded by W. Green Street, Geneva Street, W. Seneca Street and Meadow Street, and WHEREAS, interest has been expressed by employers located immediately east of the established target area,and WHEREAS,consultation with the Downtown Ithaca Partnership suggests several candidate projects are located immediately east of the established target area, and WHEREAS,at their 12/5/00 meeting,the Budget and Administration Committee recommended amending the target area to include an additional two-block area bounded by W. Green Street, Cayuga Street, W. Seneca Street and Geneva Street,now therefore be it RESOLVED,that the IURA hereby recommends that the Common Council authorize and direct the IURA Executive Director to seek HUD approval for a program amendment to expand the target area for the West State Street Commercial Loan Program,Phase II(1996 YR#3,Activity 1.1),to include a 2-block area bounded by W.Green Street,Cayuga Street,W. Seneca Street and Geneva Street, and be further RESOLVED,that the LURA Executive Director,upon advice from the City Attorney,is authorized to sign any and all documents necessary to carry out this resolution. CARRIED unanimously. The meeting progressed to agenda item IX-1. VIII. ECONOMIC DEVELOPMENT VIII-1 CARPENTER BUSINESS PARK,2YD ADDENDUM TO PURCHASE OFFER FROM BUILDING LINKS,INC-RESOLUTION Bohn gave a brief history leading up to the current Building Links, Inc. proposal to purchase Carpenter Business Park. Bohn stated that the Economic Development committee was concerned about the length of time the property had been under contract without a sale, but supported this proposal if the sale was closed by June 1, 2001 and if a $50,000 additional deposit were paid by March 1, 2001 of which half would be refundable. Bohn further stated that the City Attorney saw no problem with this offer. Discussion ensued concerning the process of retractions and offers from Bridgewater and Building Links, as well as the ED committee's recommendations. Additional discussion ensued concerning the deposits and payments currently and to be paid, and in what way refunds should be handled. Cohen recommended that the resolution be amended to remove the last WHEREAS and the Resolved,and replace them with the following: WHEREAS,the IURA is supportive of the concepts from the ED Committee,now, therefore,be it, RESOLVED that the IURA endorses in concept the second addendum, and directs the staff to negotiate a resolution to any unresolved issues. IURA Minutes, 12-19-00, 6 After discussion, Cohen stated that he would call a special meeting of the IURa in early January as quickly as possible to expedite this matter. Cohen/Burlington moved/seconded the following resolution as amended: WHEREAS, upon Common Council endorsement, the Ithaca Urban Renewal Agency(IURA)executed a purchase offer with Building Links, Inc. (BLI)to acquire the Carpenter Business Park on October 7, 1999, and WHEREAS, on January 18, 2000 the IURA authorized a 60-day extension of the contingencies set forth in paragraphs 10(A), 10(B)and 11(B)of the purchase agreement dated October 7, 1999, and further resolved that any future request for a further extension should be received at least 30 days in advance of the requested date for action by the IURA and indicated a payment to the LURA may be required for any future extension,and WHEREAS,on February 24, 2000,BLI informed the IURA that it had assigned the purchase agreement to Bridgewater Management, LLC(Bridgewater),and WHEREAS,on June 6,2000 the IURA executed an addendum to the purchase offer with Bridgewater,and WHEREAS,on September 21, 2000 the Bridgewater provided notice to the NRA that it had been unable to satisfy the contingencies contained in the purchase offer, deemed the agreement null and void,and sought return of$8,000 of the deposit,and WHEREAS,no deposit funds have been returned to Bridgewater to date,and WHEREAS,on December 12, 2000 BLI requested the LURA to consider a second addendum to the purchase agreement for Carpenter Business Park and indicated that Bridgewater is willing to submit a letter retracting their September 21,2000 notice declaring the purchase offer null and void and to reassign the Purchase Offer back to BLI,and WHEREAS,the second addendum proposed by BLI provides for a purchase price of$900,000,a future retail use of the property,a closing date of June 1,2001,an additional nonrefundable deposit of$8,000,and no seller contingencies regarding site development plan approval, and WHEREAS,at their 12/12/00 meeting,the Economic Development Committee discussed the matter and recommended that the IURA approve the Second Addendum subject to the following: 1. review by the City Attorney 2. demonstration,satisfactory to the IURA,of financial capacity of BLI to close on the property at a purchase price of$900;000, 3. that the property remain taxable,or,if tax exempt,that a payment in lieu of taxes equivalent to property taxes otherwise owed be made to the City of Ithaca 4. addition of a seller's contingency requiring the buyer to make an additional deposit of$50,000 on or before March 1,2001,that will be credited against the purchase price. In the event that the transaction fails to close by June 1,2001, for reasons other than delay occasioned by the Seller, then$25,000 of the additional$50,000 shall be forfeited by BLI,and WHEREAS, the NRA is supportive of the concepts from the ED Committee,now, therefore,be it, RESOLVED, that the IURA hereby accepts the proposed second addendum to the Carpenter Business Park purchase offer submitted by Building Links, Inc. subject to the following: 1. receipt by December 22, 2000 of a letter from Bridgewater retracting their 9/21/00 letter; 2. receipt by December 22, 2000 of an executed assignment of the purchase offer from Bridgewater to • BLI; [URA Minutes, 12-19-00, 7 3. receipt by December 22. 2000 of BLI's private investor's financial statement and intent to purchase Carpenter Business Park: 4. approval of the Chair, upon advice from the IURA Executive Director, of financial capacity and intent of BLI's investor to close on the property at a purchase price of$900,000; 5. addition of a seller's contingency requiring the Buyer to make an additional deposit of$50,000 on or before March I, 2001, that will be credited against the purchase price. In the event that the transaction fails to close by June 1, 2001, for reasons other than delay occasioned by the Seller, then$25,000 of the additional$50,000 deposit shall be forfeited by BLI; 6. review and approval of the revised second addendum by the City Attorney,and be it further RESOLVED, that the IURA Chair,upon review by the IURA Executive Director and IURA Attorney, is hereby authorized to sign any and all instruments necessary to implement this resolution. Farrell asked if it would be awkward to place the property back on the market; Van Cort stated that it would not,but that pursuing the current offer was a reasonable action as well. CARRIED unanimously. The meeting progressed to agenda item XI. VIII-2 CHERRY STREET INDUSTRIAL PARK-MODEL LEASE(PREPAYMENT POLICY)-RESOLUTION Tabled until January 16,2001. The meeting progressed to agenda item X-2. IX. OLD BUSINESS IX-1 324 E.STATE ST.(PARCEL 69:1-3)PROPERTY DISPOSITION- RESOLUTION Bohn stated that the IURA currently owned the parcel, but was not receiving monies from the parking meters on the lot,nor did it have insurance on the parcel.Discussion ensued. Farrell/Burlington moved/seconded the following resolution: WHEREAS,the IURA acquired 324 E.State Street(parcel#69.-1-3)as part of an urban renewal project, and WHEREAS,the parcel is currently incorporated into the City metered public parking lot extending from Seneca Way to E. State Street located adjacent to the Community Music and Arts building,and WHEREAS, the parcel is not included under the IURA's liability insurance coverage,and WHEREAS, the parcel is critical for access to the public parking lot from Seneca Way,and WHEREAS,the Budget and Administration Committee recommended at their 10/10/00 meeting that the parcel be offered to the City for$1 and a commitment to landscape the entryway from Seneca Way, including planting of a tree,now, therefore be it RESOLVED,that the IURA hereby authorizes the conveyance of 324 E. State Street(tax parcel 69.-1-3)to the City of Ithaca for$1 and a commitment to landscape the Seneca Way entrance to the public parking • area, and be it further IURA Minutes, 12-19-00, S RESOLVED, that all costs associated with the conveyance shall be borne by the buyer, and be it further RESOLVED, that the IURA Chair, upon the advice of the IURA Executive Director and IURA Attorney, is authorized to execute and deliver any necessary or appropriate documents to effect the conveyance including, but not limited to, the deed. CARRIED unanimously. The meeting progressed to agenda item VIII-2. X. NEW BUSINESS X-1 NEXT MEETING DATE:(TUESDAY)JANUARY 16,2001,4PM Date accepted. X-2 OTHER Cohen asked Patricia Dunn to come forward and address her concerns about the IURA/MHA agreement in which a moratorium on evictions was mandated.Dunn stated that such a clause could expose the NRA and/or the City to future liability and legal action, and that it could give the appearance of impropriety and undue influence. Dunn recommended that the IURA not put such clauses into contracts and refrain from attempts to control the internal affairs of other organizations. Dunn further stated that nothing could be done about the contract that had already been executed. The meeting progressed to VIII-1. XL ADJOURNMENT The meeting was adjourned at 5:25 PM. end 12/27/2000 ARS/ars