--------- Can an alternate be nominated for the chip person? Yes. No. Right. Or what are the what are the boundaries on that? I don't think there's any prohibition on that. Okay. Um but the only problem about appointing an alternate is well
the two alternates aren't here. So Gotcha. No. The only Maybe that's what you want to do is volunteer somebody who's not here. No, no, no, no, no. The only consideration was Elizabeth Lamug just because she had it prior. Um, yeah. And
she has the longevity of having seen certain cases. So, you got a motion in a second. Any other nominations? Nominate Elizabeth Lamug. I nominate a second. I will nominate
you, Elizabeth. Does that mean she's not here? Yes. as for the chairperson. Yes. Yes. Whoops. Sorry. Yes. For the chairperson. Okay. So, now you have uh you have competing motions. So, you have you get you vote on the motion that was seconded
first and then which would be for Christine to be the chairperson. If that motion passes, the other motion obviously fails. Can I ask a quick question? You sure can. Why was Miss Lebug not on the board for a minute and then came back? I'm just curious. Was it
a she termed out or she left on her own accord or how'd that work out? I don't know. I don't remember. Hi, Stephanie Strader, senior planner. Uh, yes, she termed out and was not reappointed. So, she had reached out, I believe, to the mayor or to one of the
other council members and mentioned that she had just uh termed out for that time and she could be reappointed and she was not. So, they they brought that up in the meeting when they reappointed her this time to an alternate position. Okay. Just curious. Okay.
Okay. That was what, three meetings ago, though, though. I'm curious. I'm just I'm just trying to get my ducks in a row. That's all I'm asking because she was here for my first meeting, which would have been January, right? January. See, I think I only Yeah, I'm not I'm
not sure on the timing of when it was. Yep. January. Okay. I'm sorry to step in. Tisha Manny, Sony manager, community development. She termed out in January. Um she had applied, however, they appointed other appointees um to the
board at that time that came. Since then, we've had um people resign or step away. So, they had vacancies again. She applied again and this time she was reappointed. Yep. Thank you. Okay. So, Mr. Manzer, how do we go about
this? Do we vote on the first motion? vote on the the motions in the order they were seconded. So your the motion to appoint you was seconded first. So you vote on that motion. If there if that motion passes, then you move to the second motion. Okay. Do we all vote or
do everybody? So right now you would say all all in favor of the motion to I could do it. But all in favor of the motion to to appoint Christine signify by saying I. Okay. So right now that's how you would do it. Okay. Okay. All right. Do I stay out of that vote or N? Oh, okay. I didn't know. Okay. You get
to vote for yourself. Okay. Or not. Do you get to vote against yourself, too? Does somebody have to make that motion or did you She made the motion second. I'll second. Yeah. All right. So, all in favor of the first motion for me to be chair for Christine to be chair. All in
favor? I I I I I Okay. Any opposed? Any opposition? Nay. With all respect, that's okay. You're okay. You're entitled. Okay. So that passes. Okay. Um, so we do need a vice chair. Do you want to renew your motion for vice
chair? Yes, I renew my motion to nominate Elizabeth Lamog for vice chair. I just I have questions because I was going to nominate Dawn. Oh, no. No, you don't want to. She said no. I appreciate that, but I feel like I'm still
learning. We can get a set. But you've been here and you've been consistent. That's why. But if you don't want to do it, I'll I'll vote for Elizabeth. No, that's fine. Okay, then I'll make a second. Yep. I mean, I'll make a second her motion. Y Yeah. So again, all in favor of that motion. All in favor of
that. I All right. All right. We're good. And to be fair, I just I mean I don't know if we're allowed to discuss it for a quick second. Sure. I just um I the last four meetings I just she wasn't here. And I know we've been trucking along going going pretty good. So that's
the only reason that I felt like it's fair. So just let you know. And I'm happy to have her back then if she's got the experience. I'd love it. I'm sad that Patrice is gone. So yeah, me too. I think she brought a lot to the table. All right. Awesome. Approval of minutes is our next situation from April 8th.
Did everybody receive their minutes? Okay. Do we have anybody to make a motion to approve the minutes? Motion to approve. Okay. Dawn and I'll second the motion. Mitchell second. All in favor? I I
motion carries. Okay. And then new business. We have a certificate of appropriation. Right. Good evening. Stephanie Strader, senior planner with community development.
Tonight I'm presenting COA 24- Z0023 certificate of appropriateness major located at 1118 Pennsylvania Avenue. So a bit of background, it is located in our central business district CBD1. The building was built in 1964.
The proposed scope of work, they are adding an addition of 30 feet to the rear of the existing building with the same materials as the existing. And they are also adding a proposed covered parking structure to the rear. So this is the east elevation of
1118 Pennsylvania here. So the addition utilizes materials and finishes compatible with the mid-century character of the existing building. The existing building does have brick. They are proposing to do brick as well and continue that on.
However, the applicant has agreed to do a visible joint between the addition and the existing building. So that way it complies with secretary standard number nine that the uh old work must be the new work must be differentiated from the old. So they did agree to do that
visible joint between the both of them but continue on those finishes that are there. The proposed scope of work will continue the painted concrete block and does not introduce any new features that would conflict with the historic integrity of the building.
The proposed parking area includes an aluminum roof and steel columns. The parking structure will above the building, but it may be easily removed for the future without impacting the form and integrity of the original building, which complies with the secretary standard number 10. Uh we did
not go in depth how it will be attached to the building. We can review that at building permit. As long as everything is up to building code, it should not affect the integrity of the building. So, I included this image because I wanted you all to see where the building is. So, this here is 1118 Pennsylvania
Avenue. So, as you can see, it's much shorter than the other buildings here. So, they'll be moving it up the 30 ft to be more compatible with the existing buildings. And the parking structure here is similar to what the new parking structure will look like. So, everything they are doing will be compatible to the
character of the area. And I just wanted to include the proposed floor plan so that you can see what the interior will look like after they do transition as well. So this is the existing here and this is with the 30 foot condition. And with that staff
recommends approval of COA24-000023 for the proposed scope of work. And staff is available for any questions. The applicant is not here tonight. question. I don't want to cut. So the the parking structure in the back,
can we go back to the actual photograph? So it's supposed to be compatible to what that is. Correct. And what was that building? I believe this photo I haven't looked at it more recently, but I believe it was from 201. That was the photo we pulled I pulled it
off of Google Maps and property right there. But the the structure itself is newer. Yeah, that's the thing that I kind of was questioning because think that the parking cover is
I don't know, maybe I'm wrong. Well, you mean that because it's not historically Well, you're right. But from the session when she was saying you can add things on to kind of modernize it as long as easily removed and they're not going to damage the building is where I'd be okay
with it because that falls into that. But you said you don't know what material they're going to be using as of yet, right? They'll be using the I apologize, the aluminum roof and steel column beams. They'll be attaching it in a way that complies with the building code. They'll go further into that in the building permit. Staff of course is
a part of that review and ensure it does not affect the integrity of it further, but they'll have to attach it in a way that complies with building code. Okay. And the parking structure itself is not square footage. It's living or or business square footage. It's a parking area strictly. Correct. Right.
Are they going to be How many spots will they be losing that year? I don't believe at this time I mean from here I don't know that that is actual parking for them. It's just yardage that is currently fenced in and there in CBD you're you don't
have any minimum parking requirements as it is. I distract me code enforce Anyway, anybody want to make a motion to approve or questions? I would like to make a motion to approve
the certificate of appropriateness application as presented based on the Secretary of Interior Standards for treatment of historic properties. You go girl. I'll second the motion. Second.
Okay. All in favor? I. Motion carries. Fine to You should ask for any opposition just for the Sorry. Sorry. Sorry. Any opposition? No. No. Thank you. There you go. Awesome. That's it. And then do we have
any board comments or concerns, questions? No. Last meeting. What? No, I think you meet in June. One more. Yeah.
Yeah. So, we drove up on 6:20. I'll be there Thursday. This for weather because I just want to make sure I wasn't here last night. No, thank you for Is there like a specific protocol for
closing out the year? For closing out the year? Yeah, for I guess resigning. Well, you should send a letter. So, I would send all that to you. I'll tell you when we're done why I had a problem filing for one because it was
thought out as a candidate. That's why. So yeah, that's why it go back and try to figure that out. So all right, no other questions concern. We have the
preservation event. Yeah. So if you guys are to go, please sign up. Um if you're not, that's okay, too. We understand life happens, but yeah, it'd be a great event for everyone to attend. I am triple book. I wanted to attend. I had it in my calendar to attend except for
have a huge event at the museum and I also tournament to go to Las Vegas too. So sorry guys unfortunately I was going to Vegas too. Sorry. Um what is what is that
what's what's the day entail over there? Uh so uh it will be three speakers at different events. So the first speaker um is Craig Pitman. He'll be speaking at the women's club and he just do general stories of Florida, his life experiences
and things like that. We'll get further agenda there. At the chamber of commerce will be Dalia Cologne and she does Florida vegetarian cooking. So she'll be doing a lot of those things. Then the third speaker is Wayne Wood. He does a lot he is an actual preservationist so
he'll be doing a lot of um speaking on preservation in Florida. He actually did contact talking about some of that topics about as well. so that he can incorporate into his own presentation. And then of course we have our black award ceremony at the BFW. And that is
where we did receive five plaque applications which is a lot more than last year if you all remember. So it's very exciting for that. And we also have two award recipients. We will giving awards for either work that they've done or restoration or anything like that. So, um, next year, of course, we're
going to look to expand doing more awards because a lot of the awards are based on the buildings. So, we're going to kind of expand more years to maybe more people at the moment on preservation. Hopefully get more nominations because this year we received no applications. So, Main Street nominated one and the city
nominated one. Ask Paula Star because she's passions with this. Paula actually is the one that picked some of the speakers. So this we did this in collaboration with Main Street. So Paula had all the the say in a lot of it. She was always her heart is in it.
Yeah. She was very knowledgeable. Yes. Yes. Awesome. All right. Thanks. All right everybody. We think we have nothing else. Meeting a journ and our next meeting is what intend. Yes ma'am. All right. Awesome. Thank you. Thank you. Part: 2
Yeah, those types of things you don't. Thank you. I think I guess this generation they don't like you mayor. I did tell the mayor he's here. He was making coffee. He's 11 and he does soccer
practice and goes for in the mornings. He goes to school. So his mom would take him up and he's like, "Mom, do you really have [Music] to All
right. Feel like I'm missing something." Hey, is Scott there in the room yet? He is. Yes, sir. I'm right here. Uh, can you walk me through or call me in my personal phone so I can get walk me through to get on how to get on
YouTube? Uh, sure. Yes. Do you need person? Uh, I'll give you a call. I can give you his personal Thank you, buddy. What number is he on? Go to YouTube.com. No, not
Well, he said his personal can. She's trying to help me. I heard it. Make sure he mutes his phone. Make sure when you're talking is muting. Today's their actual birthday, so we're going to go to dinner.
Pick up your phone. Dang it. [Music] [Music] All right, we'll go ahead and call this meeting to order. This is the Community Redevelopment Agency uh for Tuesday, May 19th, 2025. And can we all please stand
for the pledge of allegiance? I aliance to the flag of the United States of America and to the republic for its one nation with all. All right, madam clerk, please call the
role. Chair Robinson here. Vice Chair Fletcher here. Member Paul here. Member Urban here. Member Gilbert here. Here. Member Wagner here. Member Loen
here. Thank you. All right. And first up is uh we have the P3 mixeduse development with the public parking project. Good afternoon board. and Trinet Forbes, economic development director. Um, I just wanted to give a little bit of background based on our last uh meeting
where we talked about the P3 and wanted to inform you of what the traditional um procurement process is um because there was some questions on um reference to how the committee collectively evaluated the scores. So, traditionally when we
have a proposal or proposals that come in um for a solicitation, there is an evaluation committee that is formed. they review um and come up with a consensus um and have a short list and then from that short list presentations are done and then after that
presentation um the committee can elect to do a recommendation of award in this case it's a bit different and so um I also wanted to reference the committee members which we had because it wasn't strictly economic development staff
however I did serve on the committee uh it also consisted of David Bridle our project manager, Abby Abru, our strategic initiatives administrator, uh Jeff Cooper, our finance director, Kevin Philinger, our public works. So that is the committee. Each one came with their
uh individual skill sets to look at the project and its totality and based on the scoring criteria tried to determine um which one would be the most advantageous for the city. But that in mind, it was the um board member, not council, was the board member's
direction to bring the top three. And what we received were three um proposals. Um additionally, the scoring criteria, they were 20 points each, all evenly distributed, and it was based on the development plan and project schedule, qualifications and experience,
financial benefit analysis, consistency with the project goals, and the organizational and financial resources. So, with that being said, just want to give you a little bit of context in reference to the procurement process and how we got to where we are. The board
had also requested um it was quote called an applesto apples comparison because we did receive uh three very different proposals. What we've tried to do is give you an economic analysis that's based on the proposals as they were submitted. So, as close as
comparison as as possible. Um so it includes not just um an analysis based on the proposals but also the questions that the board members respectively asked and were submitted to the proposers. So you have received at this
point the um economic report. My apologies. We received it late Friday. So you received it on on Monday. We as staff are still going through it ourselves but we wanted to be able to give this information to you as soon as possible. We also have the
economist Paul Shruman, which I am confident I mispronounced his last name, but he is available and he's going to walk you through um his report and also be available for questions at the end to um give you a better determination of
how he got to his evaluation. I also want to be clear that what he provided was not a recommendation, but simply an assessment based on the proposals and the responses that were provided. Paul, are you on the line? Yes, I'm here. Can you hear me? Yes, we
can hear you. I'll I will be um driving the slides. So, you tell me when you'd like us to move forward. Okay, great. Yeah. So, uh my name is Paul Shuran with uh Impact Data Source. We are an Austin, Texas-based economic
consulting firm. Um, we primarily focus on on supporting economic development organizations. Um, evaluate prospective projects. So whether it's a new manufacturer that's coming in or maybe a new mixeduse development, um that's the type of analysis that we do to try to
understand what's the economic impact of the project and then how does it generate maybe additional revenues for the city, the county and the school district or maybe impose additional costs for the city, the county and the school district and so on. Um we have we we we are basically a consulting firm.
So we do individual reports for clients but we also have um our software called impact dashboard which we provide to um economic development organizations across the country. We have a good number of clients in Texas and within um
uh uh Florida we have a good number as well including OciOla County and um we also work with the Orlando uh economic partnership as well. So we can go to the next slide here. Let's
see. All right. So, the the big idea here um with the analysis was to try to just take the information that was provided um in the proposals from the three different proposals as well as then eventually uh incorporating some of the uh responses to the RFI to the kind
of the follow-up questions. And what we wanted to do was kind of put them into a consistent framework. As you probably know, there was a component of the proposal that was asking for what's the economic impact of this or what's the taxable value of your project. Um, and everyone kind of
responded to that in their own way. And so we wanted to kind of, you know, just put everybody in kind of the same uh same workflow here so that there'd be a little bit more uh ability to compare things as well as to even be a little bit more exhaustive in terms of the type
of analysis that we're going to do. So um that was that was the setup. We wanted to understand what was being planned. So in terms of number of apartments um the size of maybe other commercial space and so forth. Um and and kind of put everybody in kind of the same framework. So we can go to the next
slide here. Uh so with a project like this that we're talking about, we're going to have um economic impacts. When I say economic impacts, we're just talking about money changing hands. So when the when the company uh or the developer constructs the the the apartment
complexes and parking garage, they're spending money. So that one-time kind of construction impact is one of the economic impacts that we're going to estimate. Um in addition, we're going to estimate the ongoing uh economic impact of of the uh apartment complex uh or the
retail space or the potentially the tenants in that retail space. So for the construction economic impacts, what we're doing is looking at um the projected construction expenditures that the developers provided. So each of those provided some estimate of their expenditures. And so we use that to
drive our estimated economic impact of that. Um when we think about how, you know, if someone's going to spend uh $40 million to construct some property, um we want to think about how that might end up on the tax ro. So, what what
value would then come onto the tax roles? And very often, um if you're spending on a big development like that, $40 million, it might not relate to $40 million of taxable property. Um in the instance of um uh apartment complexes,
um they're typically assessed kind of on an income uh assessment calculation. So what I did in order to kind of get some bearings for how things are done in OciOla County essentially for the assessor, we looked at
um about 40 different multi- family apartment complexes, those with 50 units or more, which would be kind of similar to what we're talking about here. Um and we looked at what's the um average uh valuation per unit. So just trying to
get a sense of what's typical. Um so in this case we saw there was a range of about 112,000 to 230 per unit in terms of valuation. The average and the median were both right around 183 182. Um but uh for our purposes we ended up using the third quartile value there just kind
of recognizing that you know these are brand new uh brand new real nice apartment complexes. So we're going to we're going to say 22,000 per unit and that was used across the board. So I think in one case we had 150 units. In another case we had 168 units. we just kind of said everybody um is going to
get about $22,000 of taxable value per unit. Then on the commercial space, we did a similar uh analysis just looking at retail per square foot. Um you know, again, the average and the median were right around 107 or 105. If if I had
just been blindfolded and told to pick a number, I probably would have picked about 100 bucks. Um and so I I went with 107 for this. Um it's the variation there is not uh too too significant. Um I will point out and it'll come up later
a little bit. Um one of the one of the proposers um did a similar valuation so to speak in terms of how they thought about the taxable value of the project and u we were kind of in line with what uh the one was was using which I thought was
pretty reasonable. Um so we can go to the next slide here. Um as a part of understanding the entire project um we want to understand uh the potential for uh these new residential units to be filled by new households to
the city of St. Cloud. And so here we wanted to get a better understanding maybe of the uh household income that these folks might have. And so, uh, we were able to, in most of the instances, we had estimated, uh, uh, rental rates.
And so, in order to kind of figure out what what would be the typical household income of someone who, uh, rents an, you know, an apartment for $2,000 or whatever it might be, um, we assumed that the monthly rent represented 30% of their total household income. And so we
kind of backed into that to be able to get some uh to develop a little bit of a profile of the occupants of these new multif family units. We also looked at the breakdown of the number of uh uh units and kind of the the size. So like were they studio apartments, onebedroom, two bedroom, threebedroom, whatever. And
we gave a little bit of a profile for how many household residents that might include and how many uh you know K to2 students might reasonably be in those units. And so that kind of gave us again a little bit of a demographic profile to understand um the types of potential occupants and they did varied a little
bit across the the different projects. Um as we talk about the ongoing economic impact, we did include some job creation kind of associated with the apartment complex for leasing and maintenance and those types of operational activities as it as it kind of operates into the
future. Um and so we we estimated that kind of based on the revenues that were projected um to be generated. We're able to use our our economic impact model to say if a if a you know apartment complex is going to generate x amount of revenue, we can expect this amount of of employment to be supported through that
activity. Um on the commercial space, uh all of the proposals included some amount of square footage of commercial space. We kind of just uh made some assumptions there around um the sales of tenants in that commercial space and
then how much uh uh employment might be supported in there as well. We we did include kind of an element of of sales per square foot and and taxable sales. Um it doesn't have the largest impact on you know just in the way the local tax structure works but it does have some benefit uh having local sales tax. Um so
we can jump to the next slide now. So in the if we think about this, what we're trying to do is we're trying to understand what's the the property that's coming onto the tax roles and the the expected property taxes that might be supported. Um uh that's property tax
is one of the biggest revenue sources for the the county. So that's one of our benefits as we're calling it. Um uh we're picking up maybe a little bit on sales taxes or other revenues that the city would generate including uh let's say impact fees and those sorts of things. And then one of the things that I've included kind of universally across
the board for each of the three projects was this idea of the the the benefit of getting the parking garage. So incorporated into the benefits that we're going to see for the city. Um in each case um because each proposal included this, you know, 250 space
parking garage, we're including this value of $7.5 million of uh of the value of of the parking garage. We can we could argue or or we could get into it and say, well, let's give them, you know, $5 million. Let's let's assume
that the parking garage is five million or let's assume that it's 10 million or let's assume that it's zero. We could do that. Um, but for the purposes of this, it kind of just gives everybody that baseline of like the the city's getting a good benefit out of this project and we're putting a value of seven and a
half million on the the parking garage. Um, so we can go to the next uh slide here. And I this is just a few notes of of kind of each one of the um the proposals. Um Atlantic uh housing
partners, they had uh noted about 168 residential units and almost 18,000 ft of commercial space. Um they had broken out by you know there's some studio apartments, there's some onebedroom, two bedroom, threebedroom. Um, this was the the proposal where they had kind of done
a similar analysis to what I was describing of trying to come up with a value on a per square foot basis for commercial and a per unit basis for um the residential. And fortunately, we kind of ended up in the same spot there. So, I continued to use my numbers as I
revised things. I I continued to use my standard approach, but it was nice to see that we were in line there and at least they were, you know, we were kind of in alignment there. um their updated response that came in on Friday included some connection fees and a lot more detail on um their expected impact fees
and so I've incorporated those items into the latest version of my analysis for uh for for Atlantic Housing Partners. We can go to the next slide and talk about uh cap stack development. This one um was 150 residential units and 30,000 square feet
of commercial space. So, a little bit more commercial here and just a slightly fewer uh residential units. Um they provided also um the same type of uh projections in terms of the number of apartments that would be created by unit
size like one bedrooms, two bedrooms and so on. Um and they also gave us estimates of what the the rental rates would be. Just as it shook out here, if we're comparing uh Capstack to the Atlantic uh proposal, the uh average household income was slightly higher. just again that they were proposing I
think or they they were listing uh projecting slightly higher rental rates. So that's kind of how that was connected. Um this was one where I think they just kind of as far as the property value there in the the RFI um was asking you know what's the projected taxable
value. The short answer for that question anyway is is it's going to be really really difficult to know that number right now. Um, but so it was I I I don't want to make this too big of a point here that I'm saying it's an unreasonable property value, but I just didn't think it was it was that case
where if you spend X, it's going to be on the tax rules for X. We know that that's not the case. That's not how it's going to be um assessed. So, we just want to kind of benchmark it a little bit to existing properties to get a better sense of it. So, that's the foot. The footnote there is just that they
didn't have uh a method that we were we thought was in the ballpark. So, we're just going to use ours. Um they had mentioned uh they had they had given a a number for impact fees. Um it was a little bit different than
what we had come up with uh as we tried to estimate this based on well this many units uh you know and this is the the fee for parks and wreck or whatever it is. So we had gone through that um uh and come up with basically a pretty significantly different number. Um we
didn't have enough detail from they just basically said the line they didn't show their work. So um it doesn't really they're basically asking for the impact fees to be waved anyway. So I ended up I I believe I was still using my estimate because I felt reasonably based on
everything I knew I felt reasonably comfortable with my number. So there could be something to drill down more on on impact fees if there's a misunderstanding uh one way or the other in terms of uh how I estimate it. But uh I think they said 4.7 million in impact fees. I came up with 3.2 based on the
the aspects of their project. Um but again because it was part of the um uh part of the incentive they were requesting. Um I just kind of to keep everything internally consistent, I use my numbers. Uh we can go to the next
one. This was uh the G3 development. Um this one they were looking at uh a fewer number of units relative to the other two proposals. They had I think they had quoted 30 to 40 units. Um and they
didn't I don't believe they even in the follow-up I don't think they gave us anything in terms of what they expected the average rent to be. Um so for my part uh 30 to 40 was wasn't was kind of a range. So, I ended up using just 35 as a a midpoint. Um, in the follow-up, they
did tell us uh 8,000 square feet of commercial. They had rent mentioned kind of a similar project that they had done uh called the rail yard, which also was 8,000 ft. So, that I guess that can give us a sense of what they were um thinking
about there. Um again the uh property value I don't I I don't believe to be estimated in the in the kind of a reasonable way. Um they did come back with I think uh the 35 to 40 million in
terms of total expenditure. Again I used a midpoint of 37 and a half as a as a construction estimate there. So there was uh in the initial proposal for G3, there was some missing information. We got a little bit more in the in the response to the uh request for
information, but uh like I say, there's still kind of a little bit of, you know, nailing down the exact number of units and kind of the breakout of um what types of units and so forth. um the the G3 we had to fill in some of the gaps there, but I think we're
reasonably close in terms of what we had to to work with there. So, now we can go to the to the next slide. Uh let's see where we at. Um and this is the comparison. So, this is kind of uh packing a lot of information onto one page. Um we can start with just the
first column and and then we can kind of see how the rest of the the columns go. But if we if we look at the Atlantic column, we're coming up. So this is the city fiscal impact over 20 years. So um the attached reports that I think
everyone has a copy of um we have for each project or for each developer, we have a one-page summary and then kind of a more detailed report, a multi-page report. And um in these reports, we're looking at uh the city, the county, the school district, and the water
management district and everything. Um, but as we're looking at the summary on this slide right here, we're just focused on the city's fiscal impact and we're looking at it over the next 20 years. So, there's this uh each of them had a little bit of a ramp up in terms of what they said if it was going to be a couple years or maybe one was two
phases and that sort of thing. So, we wanted to give a nice long look at this um of of 20 years and put them all on the same time frame. And when we say benefits, what we mean by that benefit number that is number one, as I mentioned, this idea of the garage. So part of the benefit of the project is
that the city is going to benefit uh with getting this uh 250 uh parking space garage and uh that we valued at 7.5 million across the board. So that's one of the things that's in that benefits. Another thing that's in the
the benefit would be uh the property the estimated property taxes that would be paid um on this new development. And so um that's what we see there is the 21 million. It's it's a number of different things. Um it includes the for example like the impact fees and so forth like
that. Um and uh let me get another slide here. Um and and you know that's what we're looking at with the 21 million. We're thinking about all the various revenues that might be supported in the city um either from the the
devel. Okay. Motion carries. And so obviously number three would be Capstack. Yes, sir. All right. Okay. We we have direction and we'll we'll staff will work from this point
forward and quick as we can get with Atlantic and work forward on an agreement. Okay. Thank you. Thank you, internet. Thank you for your team. Thank you Leslie. Thank you team. Are we done? No. We have one more item. Why should you stand at the podium?
And I enjoy your Sorry, Dad. So, the next item is the CRA extension analysis. As you know, we've been working with the county to get our extension and they provided comments in multiple um formats both through the city county joint um meeting um through
individual conversations with staff and uh city manager conversations with um one city one of the county commissioners. So, collectively I just wanted to give you an update of where we are and uh show you how we're moving
forward. So, collectively the comments were there needed to be clarification on the miscellaneous expenses. There's about 340,000 um that they'd like to be broken down. And just so you know, that is um staff and operational costs. Um they also want an emphasis on the return on investment and what our redevelopment activities
are going to be. They wanted the removal or redirection of certain projects. And by the way, as I go down this list, I'm also going to show you how we intend to address them. They also want a change in language of not referencing downtown, but instead the central business district. They also want to increase
focus on P3s um which we are starting to do as well as more density and property acquisition and larger projects that increase the tax value which of course is the main function of a CRA. The removal of policing services which we will be doing effective October 1st. Uh
and the identification of OC opportunity sites um for acquisition. They wanted us specifically state the properties that we were looking to acquire. Um they also had a comment about facade projects not offering um much in terms of
value. So to demonstrate the ROI um we will show that we have seven excuse me 576 active businesses in the CRA. We intend to compare that by the way with our initial findings of necessity in our CRA master plan to see the increase.
Initial numbers show that we had about 500 or so businesses when the CRA first started. So there's been a small incremental increase. Um also we can show that the city has contributed to the CRA and we're not just relying solely on county funds. So we do have um
since 2017 uh 2.8 million that we've transferred from the general fund. Now we've paid more than that but because of the way it's been allocated in previous years it's going to take a little bit more digging for us to find the exact amount. But the purpose of it is to really to
show the county that we are also basically putting our money where our mouth is. We also intend to inform them about our intention of um our future land use update and how we are maximizing the use of certain spaces. So specifically our MAC, our medical use
arts campus and seeing how we can assist in creating opportunities for there be more businesses in the target industries um in order to create more redevelopment that goes along with enhanced safety and walkability and higher um land use. So we are also going to identify how crime
has actually decreased since the CRA has started. Um, and so we actually have the original numbers, I found them today, of our crime stats from '05, and we're going to be able to compare them to where we are now to show that since the exception of the CRA, how we have
increased safety. Um, we're also going to highlight our alignment with county priorities and show how we are overd delivering versus the original projections. And to do that, we will, um, there are some objectives that are listed in our master plan of things that we intend to do. We're going to showcase
how we have either accomplished them or they are actually in progress. Now, um examples of successful successful projects, we intend to show them. So, besides the downtown revitalization project, the VFW renovation was a project um that really highlighted what
the CRA can do as well as the um old Makinson um building that now not only became where Fire is, but also the creation of um breezes St. Cloud. In reference to the facades, I thought it was important for us to address that because we've done I think
about a little less than 70 facade projects since 2013. And so because staff has put so much time in it, we needed to showcase quantifiably how that equated to more investment for for the
county. So I we actually prepared um a spreadsheet that shows here are the projects that we did. Here was the tax assess value before um the CRA did any sort of renovations or improvements and then here's the value now. So based on
the CRA $780,000 investment, we had a 10.9% increase in tax assessed value. We also intend to showcase and I'm going to speed through some of these, but we also intend to uh focus on property acquisition because that was something
that was very important to the county and it's also very important to this board. So, we do intend to identify sites that we are going to purchase. Um I know a couple of the sites that we mentioned was um we are still interested in the Kissleback property. Um we
received direction from the board in reference to the school board um property. We can also highlight that we have purchased 900 Ohio A. So we do intend to showcase some of the properties that we're looking to purchase um as well as increase in density which the P3 mixeduse project is
a perfect example of such. We also intend to showcase um some of our target infrastructure investments. So, as you know, the CRA um is paying for the master plan for the medical arts campus, and our intention after the master plan is completed is to identify projects
that will hopefully serve as investment opportunities to bring on new development. If the CRA is the one that actually does the complete streets or does some of the storms, water improvements, that that will help reduce some of the developer costs and therefore recruit new development to come in.
Um, we also intend to emphasize on some of our public private partnerships and be able to work with some of our resource providers in order to help um leverage some of our resources. We also intend um to what's the word I'm looking for?
modify the scope for the Centennial Park project so that um because that wasn't a project that was really um that they saw value in that we're going to now modify it to just reflect the restroom and not the park in itself. Um and then I also
mentioned about the master plan that we intend to showcase the majority of projects that were listed in the master plan are either complete or underway. Additional projects that align with the county and the city's priorities. So, we looked at some of the projects that are in the CRA that are
currently under the city's CIP plan and we were looking at those projects to see how can we leverage some of the um CRA resources to either help expedite the project or take some of the um financial burden off of the city. So, the ones that have the asterct are um city
projects that are already under the master plan, excuse me, the CIP. And then we also intend to add on 192 improvements on the business side um in order to make our central business district and gateway um more of a
destination um location. And then I already mentioned about the MAC. And so the plan as I stated is to show that by doing the extension we offer and um increase long-term revenue for the county. how we are intending to
do targeted reinvestment. Um that the county's upfront costs will yield exponential value. How CRAAS are a tool for reinvestment. We're going to clarify our focus which is on economic development infrastructure and urban design. We also intend to add some
appendices to the um not report to the request that actually showcases data of what we've been talking about in terms of the work that we've been able to accomplish to date. And then we intend to submit all of this to the county within the next 10 days.
So at this point, um I know I sped through it pretty quickly, but I wanted to um just give the board an update of where we were with that extension request. Wanted to find out is there any additional comments uh projects or um deliverables that you'd like to see
added into our requests. All right, I'm going to go ahead and ask Council Member Gilbert, Member Gilbert, if you have any comments. Member Gilbert. Oh, I'm I'm sorry, Mayor. Uh, I do not have any comments at this time. Thank you for asking, but I do have one
statement. If, uh, Council Member Urban can wish his daughter happy birthday for me. This is very sweet. Thank you, Member Gilbert. And member Loading, do you have any comments from Antonet? I do not have any comments. Thank you. and member Urban.
Um, did I did I read correctly the CRA legislation is not moving forward this session at least? Yeah, it failed. Okay. So, we have a little bit of time to continue negotiating with the county on on these things. Good. That's all I
have. I think um this is a a great um step moving forward. Vice Chair Fletcher, um I I just want to say thank you to all the hard work that you've put into this. Um, I know that we've been going back and forth with the county for quite some time. Um, and I think with our intergovernmental meeting, um, we've
got really good feedback from them. Um, and we've are putting together a plan to be able to present to them. Um, and hopefully, um, the county will, um, um, agree to to what we put together, um, and extend um, I would hope that they would extend um, our CRA so we can
continue the vital work, um, that we have, you know, ongoing in our city. So, thank you. Thank you. All right. Can you go back a few slides, please? Just tell me where you two more. Yeah, sorry. I think two more. Yeah, right there. So, shift in language. They don't
want it to us to refer to it as downtown anymore. Correct. In the Okay. Thank you. When I when I met with Commissioner Greb, it wasn't that she didn't want us to. She she felt that it was confusing um where the central business district is is actually a larger area than our
downtown. um and and she felt that that would paint the picture a a little clearer. Okay. And what is this clarification of miscellaneous expenses? What were correct? So under the last submission we had something called miscellaneous
expenses which was a little over 300,000 and they wanted that itemized to see exactly what that was and that is salaries that is operational cost. Um, so they just want the breakdown of what that what that is because they were concerned that it was police services. I
see. And we've reduced that down to one, but then it's going to expire October. Well, we have an agreement through well, we have an ongoing agreement, but we in prep preparation of the city's budget, we have absorbed the full salary of that
remaining police officer into the general fund, assuming that is approved by the city council during the budget process, then it would be out of the CRA. But I think we would have to bring back that agreement to cancel it. That's correct. To So, so you'll you'll see that again. Okay. And who were you
negotiating with or when I Who are you speaking with at the county or is that you're with Commissioner Grieb? Because I'm Commissioner Grieb um after the intergovernmental meeting offered she's a very strong proponent of CRAAS. She used to um actually when I met her I
worked at the city of CSM and she was on I was I was a staff person supporting the city of CMI CRA at their meetings and she was on their board. So um she had a lot of experience with CRAAS and and so she wanted to help us and so she offered to to meet with me and talk
through and strategize. So took advantage that's where that comment came from but you're also meeting with with folks. I am also so on a staff level I am meet I am meeting with Christina Morris the economic development director as well as Amanda I mess up her last name
Clo. She's one of the assistant county managers. Okay. All right. U member Paul. Yes. Um on the removal policing services, are we indicating that we no longer need, you know, the
officers under the CRA or can you elaborate on that more? Sure. So when originally when the the statute allowed for policing services, it is for innovative policing, but it was kind of loosely defined. And so when we um
brought the CRA officers on, it was in direct alignment with the entertainment district. And so when the entertainment district first came about, then yes, there was a heavier presence of officers assigned directly to the CRA. However, now with the elongation of that um ordinance and now there's more
familiarity of when the hours of operation are as well as there's been a really great community engagement with the downtown businesses. So the number of officers um assigned there really don't need as many. However, it's my
understanding that that doesn't mean it's a complete removal of officers. It's just they will no longer be funded through the CRA. And I also just for historical information, so the CRA also paid um for the the CCTVs
um in in the downtown area. That was also part of the agreement that we had previously funded. Okay. Thank you. And do we have any other comments from members? All right. Well, thank you very much answer for that. Thank you and thank you
to your team and any members from the com uh the public like to comment today and any council member comments on anything else? Yes, Vice Chair Fletcher. Um, I just have had one thing. I just want to say
thank you to to the board and staff. Um, being able to to get the P3 project into negotiations has been something that we've been working on a very long time and, uh, I'm just really excited about that. So, thank you to the board for, you know, supporting that, moving it along. So, that's all my comments. All
right. And city manager, thank you. I just wanted to um address because the next thing you were going to do is is read the information item of a June meeting, but because we've been working so hard on this P3 um and we had this meeting um Miss Forbes went ahead and put the only item that would have been
on the June meeting um at the end of today's meeting and we had time to get to it. So So we do not have a next CRA meeting. We do not unless the board has something that you would like to convene and discuss. and member Wagner. How soon till we see Atlantic back in here? I
mean, do would it be June or July? I think last time we spoke, they said they could jump on it pretty fast. I think it would be difficult to have it back by the June 5th meeting. July is realistic, but I don't think it changes.
So, we would schedule a special meeting as soon as we're at that point. All right. With no one else having any comments, this meeting is adjourned. [Music] Well,