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HomeMy WebLinkAbout2010 MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING — 11:00 A.M. NOVEMBER 19, 2010 MOLLENHOFF CONFERENCE ROOM, 2"d FLOOR CITY HALL Members present were: Chairperson Vich, Brock, Cole, Dowie, Sauerbrei and Orr. Members Absent: Johnson and Jungen Also Present: Anderson— Planning and Zoning Director, Richard Luther of Green Development Waterloo LLC Chairperson Vich called the meeting to order at 11:35 a.m. A quorum is present. A. Approval of Agenda It was moved by Orr and seconded by Dowie to approve the agenda. Motion passed unanimously. B. Approval of Minutes . It was moved by Orr and seconded by Cole to approve the Minutes of June 29, 2010. Motion passed unanimously. C. Discussion Items 1. Review of the request by Green Development Waterloo LLC for the rehabilitation of 5 homes that will be moved and renovated to locations on the east side of Waterloo within the Enterprise Zone. Anderson gave the staff report noting that these homes were originally slated for demolition for the expansion of Highway 63. Anderson noted that the homes were purchased by the applicant for the purpose of moving the homes to new locations on the east side of Waterloo, and will be renovated. Anderson noted that agencies involved in this process have been the City of Waterloo, the Iowa Department of Transportation and the State Historic Preservation Office. Anderson noted that the project met all requirements for Enterprise Zone Housing Projects. Dowie questioned why the homes would have to be leased for at least 5 years. Anderson noted that the Historic Tax credits that were received could only be used for commercial properties, so by leasing the properties for 5 years before they are sold, these homes would qualify. Dowie questioned if there was any reason the City would not want this approved. Anderson noted that the City would like to see the approval as this project reutilizes 5 existing homes while simultaneously upgrading the homes and creating infill development. Anderson noted that if it was not for time constraints, the City would have liked to relocate more of the homes along the Highway 63 corridor. It was moved by Dowie and seconded by Orr to approve the request for the rehabilitation of 5 homes, to be located at 528 N Barclay, 700 Cottage Street, 312 Cottage Street, 738 Mobile Street and 807 Beech Street within Enterprise Zone#8 in the City of Waterloo. Motion passed unanimously. 2. Adjournment Hearing no further discussion, it was moved by Dowie, seconded by Cole to adjourn. Motion was approved unanimously. Meeting was adjourned at 11:42 a.m. Respectfully submitted, Adam Poll Staff to the Commission MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING- 1:30 P.M. JANUARY 19, 2011 MOLLENHOFF CONFERENCE ROOM, 2"d FLOOR CITY HALL • Members present were: Chairperson Vich, Johnson, Howsare, Whitehead, and Jungen Members Absent: Sauerbrei, Orr, Dowie, and Cole • Also Present: Adam Poll-Associate Planner, John Rooff of Black Hawk Contracting & Development Chairperson Vich called the meeting to order at 1:30 p.m. A quorum is present. A. Approval of Agenda Vich noted that he would like to add to the agenda a moment of silence for Harold Brock, a member of the Enterprise Zone Commission that had passed away. It was moved by Johnson and seconded by Howsare to approve the amended agenda. Motion passed unanimously. B. Approval of Minutes It was moved by Johnson and seconded by Howsare to approve the Minutes of November 19, 2010. Motion passed unanimously. C. Discussion Items 1. Review of the request by Black Hawk Contracting and Development for the construction of a total of 5 new homes, located within the 200 block of E 8th Street, all of which would be located within the existing Enterprise Zone. Poll gave the staff report noting that the applicant would like to construct a total of 5 new homes on lots located along the 200 block of E 8th Street. Poll noted that the project would --meet-HUD standards-and that-the-estimated date-of-completion-would-be-March-of - Poll noted that the applicant, John Rooff would be available for any specific questions. Rooff noted that the homes constructed would be 2-story homes, with Energy-Star ratings and attached garages. Rooff noted that the homes initially appraised for$122,000 but noted in most other neighborhoods these homes would appraise for much more as the area they are building these homes have no useable comparable property sales. Rooff noted that after talking to the State that development and contingency costs were included in the budget. Vich asked if there was a market for this type of home. Rooff noted that 3 of the homes were currently sold and a 4th probably would be by the time the construction is started. Johnson noted that new homes going into these areas give hope to the community, as well as give incentive to other developers as it offers future comparable sales and shows that successful new construction can be located in these areas. Roff noted that with the addition of these homes as well as some other work being done in the neighborhood, the neighborhood will look better than ever. Vich asked how many homes Rooff had built. Rooff noted that approximately 20 homes had been constructed by his company. It was moved by Johnson and seconded by Whitehead to approve the request for the construction of 5 homes, to be located within the 200 Block of E 8th Street, within Enterprise Zone#8 in the City of Waterloo. Motion passed unanimously. 2. Review of the request by Black Hawk Contracting and Development to reduce the number of homes for the previously passed 09 HEZ-010 from 7 homes to 5 homes in order to close out the agreement. Poll gave the staff report noting that the agreement originally called for the construction of 7 homes, but the applicant is asking to reduce the number to 5 homes. Poll noted that the applicant has completed 5 homes and still plans to construct the remaining 2 homes later in 2011 but would like to close out the contract to receive his benefits from the state. Poll noted that the applicant has talked to staff at IDED and they noted a resolution by the local EZ Commission was needed to reduce the number. Johnson questioned if this had been done in the past. Poll noted that during his tenure as EZ staff that homes had been moved to different lots which requires a similar process but noted this is the first time a contract has been reduced. Poll noted that he had also talked to IDED staff and noted that adding extra housing on a contract is not permitted but reducing the amount is OK as long as a resolution is passed by the local EZ Commission and the Contract still meets the minimum required number of units. It was moved by Howsare and seconded by Johnson to approve the request to reduce the number of homes for the previously passed 09 HEZ-010 from 7 homes to 5 homes in order to close out the agreement. Motion passed unanimously. 3. Adjournment —Vick-noted-that--he-wished-to-honer-Harold-Brock—at-this-time as-he-had seated-on-the Enterprise Zone Commission for a number of years and Vich commended Harold for his hard work and dedication to not only the commission but a number of Civic projects with the Cedar Valley area. Vich requested a moment of silence. (moment of silence) Hearing no further discussion, it was moved by Johnson, seconded by Whitehead to adjourn. Motion was approved unanimously. Meeting was adjourned at 1:46 p.m. Respectfully submitted, Adam Poll Staff to the Commission MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING —1:30 P.M. APRIL 19, 2011 MOLLENHOFF CONFERENCE ROOM, 2"d FLOOR CITY HALL Members present were: Chairperson Vich, Johnson, Dowie, Whitehead, Orr, and Jungen Members Absent: Sauerbrei, Howsare, and Cole Also Present: Noel Anderson, Chris Western, and Adam Poll—Planning Department, and Tyler Junker of TEJ & TJJ LLC Chairperson Vich called the meeting to order at 1:30 p.m. A quorum is present. A. Approval of Agenda Poll noted that the applicant had provided an update to the application noting that one property had been removed and two additional properties has been added. It was moved by Dowie and seconded by Orr to approve the amended agenda. Motion passed unanimously. B. Approval of Minutes It was moved by Johnson and seconded by Orr to approve the Minutes of January 19, 2011. Motion passed unanimously. C. Discussion Items 1. Review of the request by TEJ & TJJ LLC for the construction of a total of 5 new units, located at 214-216 Locust Street, 225 Newell Street, and 331 Sumner Street, all of which would be located within the existing Enterprise Zone. Poll gave the staff report noting that the applicant is proposing to rehab 2 single-family homes and one 3-unit home. The homes are located at 225 Newell, 331 Sumner and 214-216 Locust and are all within the Enterprise Zone. The applicant owns the properties and is investing approximately 50% of the value of the properties in the rehab process. Poll noted that the project appears to meet Enterprise Zone standards and noted that the projects would tale approximately 8 months to complete. Tyler Junker noted that there were several different types of rehab projects in different homes. Junker noted that he was working with Midwest One Bank and had $150,000 to $180,000 in available funds. Junker noted that his relative Steve Junker is a licensed electrician and he worked closely with Page Heating for HVAC work, noting that he had been in the business for quite a long time. Orr noted that $35,000 seemed to be a low per unit value. Junker noted that the value is based on comparable appraisals, noting that he had worked with Jim Hernic to establish the values of the units. Orr noted that his concern was that benefits cannot be added after the application is approved. Johnson noted concern that Junker had adequate funding available to finish the project, noting that the City did not need more half completed vacant homes. Vuestioned the amount each home h noted that $25for. Junker u ke r 6 units that$150,000 and the property of Locust was purchased for$5,000 was purchased for. and the other homes were purchased at similar prices. Vich questioned if Junker would work on all the houses at once or rehab one unit at a time. Junker noted that he had two crews available at a time. Jungen asked what the estimated completion date was. Junker noted it would be about eight months after approval to begin the project was granted. Vich questioned if the homes would be rented or sold. Junker noted that they would be rented. Dowie questioned what would happen to the homes in an absolute worst case scenario. Junker noted that the bank would get the homes, similar to the condition they were in before he purchased them. Vich noted that the proposed project would appear to give a boost to the neighborhoods as they would be rehabbing currently vacant homes. Western thanked the applicant for his work, noting that at least one of the homes in question was slated to be acquired by the City through the 657A process and demolished but now would be rehabbed and put back into use saving tax dollars. It was moved by Orr and seconded by Dowie to approve the request for the construction of a total of 5 new units, located at 214-216 Locust Street, 225 Newell Street, and 331 Sumner Street, all of which would be located within the existing Enterprise Zone. Motion passed unanimously. 2—Adjournment Anderson noted that some duties in the Planning Department had been reassigned and that Chris Western would be taking over as staff to the Enterprise Zone Commission. Anderson noted that Adam Poll would be taking over as staff to the Planning and Zoning Commission. Hearing no further discussion, it was moved by Whitehead, seconded by Dowie to adjourn. Motion was approved unanimously. Meeting was adjourned at 1:48 p.m. Respectfully submitted, Adam Poll Staff to the Commission MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING —9:00 A.M. JUNE 29, 2010 MOLLENHOFF CONFERENCE ROOM, 2"d FLOOR CITY HALL Members present were: Chairperson Vich, Brock, Cole, Dowie, Grapp, and Orr. Members Absent: Sauerbrei and Johnson Also Present: Anderson— Planning and Zoning Director, Poll—Staff to the Commission Chairperson Vich called the meeting to order at 9:01 a.m. A quorum is present. A. Approval of Agenda Vich noted that Brock had been recognized by the Waterloo Courier as one of the 8 over 80, and had received and honorary degree from Iowa State University. It was moved by Dowie and seconded by Orr to approve the agenda. Motion passed unanimously. B. Approval of Minutes It was moved by Cole and seconded by Orr to approve the Minutes of February 24, 2010. Motion passed unanimously. C. Discussion Items 1. Review of the request by JSA Development for the rehabilitation of 7 units, 5 units located at 320-322 East 4th Street and 2 units located at 128 East 4th Street. Poll gave the staff report noting that the applicant had previously been approved to rehab five units at 320-322 East 4th Street, but now wanted to include an additional two units located at 128 East 4th Street. Poll noted that it was necessary to combine the requests, as the minimum amount of rehabbed units required was 3, which would not allow the project at 128 East 4th Street to qualify on its own. Poll noted that he had talked to the state office and as long as both addresses were in the same Enterprise Zone it would not be a problem. Poll noted that both requests were in the same zone. It was moved by Dowie and seconded by Brock to approve the request for the rehabilitation of 7 units, 5 units located at 320-322 East 4th Street and 2 units located at 128 East 4th Street. Motion passed unanimously. 2. Enterprise Zone Expansion—Former Lincoln School Site at the SE Corner of Burton and Parker Poll gave the staff report noting the proposed boundaries of the new area to be included in the Enterprise Zone. Poll noted that the Lincoln school site would meet criteria one, two and five as it borders census tract#5, and would be a better fit to be included with that census tract as a majority of the housing in Census Tract#16 is located substantially further away from the City's core. Poll noted that this issue had been tabled the prior meeting in the desire by Johnson that the block immediately to the north be included as it contained some potential sites that could benefit from the program and would also appear to qualify under the reasons given. Poll noted that the proposed expansion now included this area. Brock asked if there was a particular urgency to this request. Anderson noted that there were currently not any projects lined up, but the Waterloo Community Schools are trying to redevelop vacant buildings and the addition to the Enterprise Zone would benefit potential redevelopment. Anderson noted one of the sites for potential development located in the block to the north of Lincoln School is owned by the paper company and could potentially be used for expansion purposes, noting that the rest of the paper company is already within the Enterprise Zone. It was moved by Dowie and seconded by Grapp to approve the request for Enterprise Zone Expansion to include the Former Lincoln School Site at the SE Corner of Burton and Parker and the block directly to the north. 3. Adjournment Hearing no further discussion, it was moved by Dowie, seconded by Orr to adjourn. Motion was approved unanimously. Meeting was adjourned at 9:12 a.m. Respectfully submitted, Adam Poll Staff to the Commission MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING— 9:00 A.M. MARCH 24, 2010 MOLLENHOFF CONFERENCE ROOM, 2"d FLOOR CITY HALL Members present were: Chairperson Vich, Brock, Cole, Dowie, Grapp, Johnson, Moser, Sauerbrei, and Orr. Members Absent: None Also Present: Anderson — Planning and Zoning Director, Poll—Staff to the Commission David Deeds—of JSA Development Chairperson Vich called the meeting to order at 9:00 a.m. A quorum is present. A. Approval of Agenda Chairperson Vich noted that as items 1-4 in the discussion items area (the JSA requests) all appeared to be similar that they should be addressed together to avoid repeating the information. It was moved by Moser and seconded by Johnson to approve the amended agenda. Motion passed unanimously. B. Approval of Minutes It was moved by Dowie and seconded by Cole to approve the Minutes of February 24, 2010. Motion passed unanimously. C. Discussion Items 1. Review of the request by JSA Development for the rehabilitation of 3 units at 217 W 4th Street. 2. Review of the request by JSA Development for the rehabilitation of 5 units at 320- 322 E 4th Street. 3. Review of the request by JSA Development for the rehabilitation of 8 units at 326- 330 E 4th Street. 4. Review of the request by JSA Development for the rehabilitation of 6 units at 612- 616 Mulberry Street. Poll noted that all requests met the requirements to qualify for Enterprise Zone benefits, including meeting the minimum number of units located in a qualifying Enterprise Zone, meeting HUD housing quality standards and local codes, meeting completion requirements that call for the project to be completed within two years of the start of construction and was awaiting approval from the Enterprise Zone Commission and the Iowa Department of Economic Development. Poll noted that David Deeds was representing JSA development and would elaborate on the details of the projects. Deeds noted that 4 buildings would be rehabbed creating 22 residential units, noting that the upper floors on each of these buildings were vacant of significantly under utilized. Deeds noted that all of the new units would be completely new units and that in addition to the Enterprise Zone assistance, the projects were also including historic tax credits which would require the exteriors of the structures to be restored to specific historic standards. Deeds noted that there would be a total investment in these properties of$6.5 million. Moser noted that the value of these units would be less then the amount spent. Deeds noted that was why the tax credits are needed for these and similar projects. Moser asked who would inspect the financial information on these properties. Anderson noted that the IDED and the State Treasurer's Office would certify these projects met the necessary requirements. Dowie asked if the City of Waterloo would be responsible for anything financially. Anderson indicated that they would not be responsible. Moser asked how these programs give value to the taxpayer. Anderson noted that in addition to Enterprise Zone and Historic benefits, these sites were also located in the Consolidated Urban Revitalization Area and the Downtown TIF District, and the downtown area where these requests are located has been a priority for revitalization for a long time. It was moved by Dowie and seconded by Johnson to approve the request for the rehabilitation of 3 units at 217 W 4th Street. Motion passed unanimously. It was moved by Orr and seconded by Cole to approve the request for the rehabilitation of 5 units at 320-322 E 4th Street. Motion passed unanimously. It was moved by Johnson and seconded by Cole to approve the request for the rehabilitation of 8 units at 326-330 E 4th Street. Motion passed unanimously. It was moved by Johnson and seconded by Dowie to approve the request for the rehabilitation of 6 units at 612-616 Mulberry Street. Motion passed unanimously. 5. Review of the request by Russell Lamson GP LLC for the rehabilitation of 92 apartment units at 209 W 5th Street. Poll gave a staff report noting that the request met the requirements to qualify for Enterprise Zone benefits, including meeting the minimum number of units located in a qualifying Enterprise Zone, meeting HUD housing quality standards and local codes, meeting completion requirements that call for the project to be completed within two years of the start of construction and was awaiting approval from the Enterprise Zone Commission and the Iowa Department of Economic Development. Poll noted that the second floor of the building which was currently used for office space would be converted to apartments and that the mechanical systems as well as the existing apartments would be rehabilitated as part of this project. Poll noted that the existing tenants would have to be relocated for six months during the rehabilitation work. Poll noted that the developers had informed the tenants and expected to retain the majority of the tenants in the building noting that the property manager indicated 80% of the tenants were expected to move back. Poll noted that the developer indicated there would not be an increase in rates for the tenants. It was moved by Dowie and seconded by Orr to approve the request for the rehabilitation of 92 apartment units at 209 W 5th Street. Motion passed unanimously. 6. Review of the request by Legacy Waterloo, LP for the construction of 60 units on Flammang Drive, just north of the existing Menard's Store. Poll gave a staff report noting that the request met the requirements to qualify for Enterprise Zone benefits, including meeting the minimum number of units located in a qualifying Enterprise Zone, meeting HUD housing quality standards and local codes, meeting completion requirements that call for the project to be completed within two years of the start of construction and was awaiting approval from the Enterprise Zone Commission and the Iowa Department of Economic Development. Poll noted that this request would create 60 units to be used for senior housing. Poll noted that although the project consisted of more then a $11 million investment, the request was only for$220,000 for a state sales tax refund. Poll noted that he had talked to the developer regarding this figure and noted that the Developer indicated that currently he was applying for a Federal Low Income Housing Tax Credit and could not request additional funds without putting that tax credit in jeopardy. Poll noted that this had been done before with the application received by Common Bond Communities with a similar project. Dowie asked if any one was responsible for reviewing the financial records of applicants. Anderson noted that IFA checks all financial records for projects. Cole indicated her support for the project citing that Iowa has the largest percentage of population that are 85 years old or older. Anderson noted that the City did a survey that indicated that more senior housing in needed in the community. Orr noted that more projects like this one are needed for the upcoming "Silver Tsunami". Anderson noted that the only other affordable assisted living facility he was aware of was the Rose of Waterloo. Dowie asked if the site was zoned properly for the use in question. Anderson noted that it was zoned properly. Dowie asked if there were any traffic concerns. Moser noted that whenever there was a project in a residential area there were always traffic concerns by the residents. Anderson noted that other projects in the area had sparked traffic concerns, but had never been an issue after they had been completed. It was moved by Orr and seconded by Johnson to approve the request for the construction of 60 units on Flammang Drive,just north of the existing Menard's Store. Motion passed unanimously. 7. Enterprise Zone Expansion—Techworks Poll gave a staff report noting that staff would like to expand the Enterprise Zone to include the Techworks facility. Poll noted that there were five eligibility criteria and for an area to qualify for the Enterprise Zone and at least two of these criteria need to be met. Poll noted that because the Techworks facility was located just inside census tract#4 that the facility did not qualify for criteria 1-3 and would qualify for expansion for criteria four and five. Criteria five calls for an area to be blighted. Poll noted that under the provided definition of blighted, that the Techworks would meet this criterion. Poll then noted that the area would also have to show that the valuations for each class of property in the designated area is less the 75% or less of the city wide average for that classification. Poll noted that the City had bid this task to Rally Appraisal. Poll noted that the appraisal report indicated that the area would meet this criterion. Poll went on to note that the Techworks area also was more similar to Census tract#1, and noted that most of census tract#4 was residential and across the highway from the Techworks facility, and that the downtown area was more similar as it was principally business oriented. Poll noted that if Techworks could be grouped with Census tract#1 it would meet all five criteria to be eligible for the Enterprise Zone. Anderson noted that from an economic development standpoint, it was important to bring new jobs to the Techworks site, and the expansion of the Enterprise Zone would allow another tool to attract new businesses. Vich noted that a successful Techworks site could help define the community. Vich noted that currently only one tenant leased space, and that one other tenant had recently signed a letter of intent to locate there. Vich also noted that the recently Commercial Street expansion was very nice and would help make the Techworks area more accessible. Brock asked who owned equity in Techworks. Vich noted that Techworks owns itself, and that it was obtained when John Deere donated that area and the money for demolition for unneeded structures. Moser asked if the Manatt's property was included. Anderson noted that it was not. It was moved by Dowie and seconded by Orr to approve the request for the expansion of the Enterprise Zone to include the Techworks Facility and the land associated with it. Chairperson Vich abstained due to a conflict of interest and the motion passed 8-0. 8. Enterprise Zone Expansion—Former Lincoln School Site at the SE Corner of Burton and Parker Poll gave the staff report noting the proposed boundaries of the new area to be included in the Enterprise Zone. Poll noted that the Lincoln school site would meet criteria one, two and five as it borders census tract#5, and would be a better fit to be included with that census tract as a majority of the housing in Census Tract#16 is located substantially further away from the City's core. Anderson noted that the school district would like to create infill housing on this and other vacant school sites. Johnson noted that the block immediately to the north also contained some vacant properties and thought it should be included in the Enterprise Zone under the same criteria. Cole noted the staff should include the area described by Johnson. It was moved by Cole and seconded by Grapp to table the request until the following meeting. Motion passed unanimously. 9. Adjournment Hearing no further discussion, it was moved by Orr, seconded by Cole to adjourn. Motion was approved unanimously. Meeting was adjourned at 10:16 a.m. Respectfully submitted, Adam Poll Staff to the Commission i MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING —9:00 A.M. February 24, 2010 MOLLENHOFF CONFERENCE ROOM, 2"d FLOOR CITY HALL Members present were: Chairperson Vich, Brock, Cole, Dowie, Grapp, Moser, and Orr. Members Absent: Johnson, Sauerbrei Also Present: Anderson— Planning and Zoning Director, Poll—Staff to the Commission Chairperson Vich called the meeting to order at 9:06 p.m. A quorum is present. A. Approval of Agenda It was moved by Orr and seconded by Cole to approve the agenda as submitted. Motion passed unanimously. B. Approval of Minutes It was moved by Cole and seconded by Moser to approve the Minutes of December 16, 2009. Motion passed unanimously. C. Discussion Items 1. Review of the request by Charles Orr for the rehabilitation of 4 apartments at 616 Sycamore. Orr noted that he was planning on rehabilitating the exterior and interior to bring it back to historically accurate standards. Orr noted that he would be installing an elevator and rehabbing all three floors of the building. Moser asked where the tenants would park. Orr noted that he owns a portion of the alley which would fit 4-5 cars and he would also lease nearby stalls from the city. Brock questioned what safety standards would be used to rehab the building. Orr noted that he would meet or exceed HUD standards for building and safety. It was moved by Dowie and seconded by Cole to approve the request for the rehabilitation of 4 apartments at 616 Sycamore Street. Motion passed unanimously with Orr abstaining. 2. Enterprise Zone Expansion—Techworks Poll gave a staff report noting that staff would like to expand the Enterprise Zone to include the Techworks facility and the Lincoln School. Poll noted that there were five eligibility criteria and for an area to qualify for the Enterprise Zone and at least two of these criteria need to be met. Poll noted that because the Techworks facility was located just inside census track#4 that the facility did not qualify for criteria 1-3 and would qualify for expansion for criteria four and five. Criteria five calls for an area to be blighted. Poll noted that under the provided definition of blighted, that the Techworks would meet this criteria. Poll then noted that the area would also have to show that the valuations for each class of property in the designated area is less the 75% or less of the city wide average for that classification. Poll noted that the City had bid this task to Rally Appraisal. Poll noted that preliminary reports indicated that the area would meet this criteria, but the final report had not been received. Poll went on to note that the Techworks area also was more similar to Census track#1, and noted that most of census track#4 was residential and across the highway from the Techworks facility, and that the downtown area was more similar as it was principally business oriented. Poll noted that if Techworks could be grouped with Census track#1 it would meet all five criteria to be eligible for the Enterprise Zone. Poll noted that the Lincoln school site would meet criteria one, two and five as it borders census track 5, and would be a better fit to be included with that census track. Vich noted that all of the Techworks land should be included as there is some vacant land owned just north of the structures that could be used for potential building sites. Grapp noted that Deere and Tewchworks are planning a showcase in this area this fall in conjunction with the two-cylinder tractor show. Vich noted that millions had already been spent in this area and any incentive to help businesses in this area would be useful. Cole agreed, but noted that the item should be tabled until the final appraisal report is received. It was moved by Cole and seconded by Dowie to table the request until the final appraisal report is reiceved. Motion passed unanimously. D. Adjournment Hearing no further discussion, it was moved by Cole, seconded by Mosher to adjourn. Motion was approved unanimously. Meeting was adjourned at 9:31 a.m. Respectfully submitted, Adam Poll Staff to the Commission MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING—1:30 P.M. DECEMBER 16, 2009 MOLLENHOFF CONFERENCE ROOM, 2"d FLOOR CITY HALL Members present were: Chairperson Vich, Grapp, Orr, Moser, Schmitt and Sauerbrei. Adam Poll was present as staff. Members Absent: Brock, Dowie, Johnson Chairperson Vich called the meeting to order at 1:30 p.m. A quorum is present. A. Approval of Agenda It was moved by Orr and seconded by Schmitt to approve the agenda as submitted. Motion passed and carried unanimously. B. Approval of Minutes It was moved by Schmitt and seconded by Moser to approve the Minutes of July 3, 2009. Motion passed and carried unanimously. C. Discussion Items 1. Review of the request by NCN Limited to increase the number of units to be included in the construction of the Winterbottom building from 12 units to 15 units. The site is located at 25 Westfield just east of the Techworks facility. Poll gave staff report noting that three of the larger units were would be divided in order to make the units more marketable. Poll noted that currently the size of the units ranges from 2,700 SF to 3124 SF and the new units would split the units in half and would range from 1,350 SF to 1,565 SF. Poll noted that the split of the larger units was needed as all of the other smaller units in the building had sold with the exception of the three larger units. Poll noted that the state recommended that the Enterprise Zone approve the request. Schmitt asked what the tax credit benefit was to these properties. Moser noted that the credit was 10%. It was moved by Schmitt, seconded by Orr to approve request. Motion was approved unanimously. D. Adjournment Hearing no further discussion, it was moved by Moser, seconded by Schmitt to adjourn. Motion was approved unanimously. Meeting was adjourned at 1:36 p.m. Respectfully submitted, Adam Poll Staff to the Commission MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING— 1:30 P.M. July 3rd, 2009 MOLLENHOFF CONFERENCE ROOM, 2"d FLOOR CITY HALL Members present were: Chairperson Vich, Brock, Moser, Schmitt and Johnson. Noel Anderson and Adam Poll were present as staff as well as Steve Langan of Insight Investment. Chairperson Vich called the meeting to order at 1:31 p.m. A quorum is present. A. Approval of Agenda It was moved by Schmitt and seconded by Johnson to approve the agenda as submitted. Motion passed and carried unanimously. B. Approval of Minutes It was moved by Johnson and seconded by Brock to approve the Minutes of August 22, 2008. Motion passed and carried unanimously. C. Discussion Items 1. Review of the request by Steve Langan (Insight Investment Properties L.C.) for the construction of 2 new twin style homes (4 dwelling units). The site is located at the northeast and southeast corner of Hummingbird Circle and Pintail Drive. Anderson gave a description of the project and the staff report noting the eligibility of the project. He noted that the site would be located on the northeast and southeast corners of the intersection of Hummingbird Circle and Pintail Drive and consist of two new homes, each containing two units per home for a total of 4 units. Each unit would be approximately 1,500 square feet and the average cost would be $155,000. He also noted that all were infill lots and promote smart growth for the City of Waterloo. Steve Langan noted that he has completed similar projects in the past and noted that the units to be constructed would look similar to the pictures included in the packet. It was moved by Schmitt, seconded by Moser to approve request. Motion was approved unanimously. 2. Review of the request by James Walsh (JSA Development LLC) for the construction of up to 4 apartments. The site is located at 304 W. 5th Street, Waterloo, IA. Anderson gave a description of the project and the staff report. He noted that the project would be located in the upper level of 304 W. 5th Street in a building that is currently underutilized. The project would be receiving $400,000 in historic tax credits in addition to the Enterprise Zone benefits. He added that each unit would have an approximate value of$125,000 and that this would be infill development and promote smart growth in the City of Waterloo. Moser asked what the size of the apartments was. Poll stated that the exact size was not known, but did note that only the upper level of the building would be used for the apartments, but as each apartment would only be valued at $125,000 they would not appear to be very large. Brock asked about the buildings current use and the interior condition of the building. Anderson added that the building was currently used for storage, the interior condition was unknown. Schmitt asked if the units would be apartments, or if they would be sold as condos. Anderson said that they would be used as apartments. Poll added that although the request was made for 3-4 apartments, the application would be turned in for 4 apartments, as it would be easier to reduce the number of units then to add to the number of units. It was moved by Johnson, seconded by Schmitt to approve request. Motion was approved unanimously. 3. Review of the request by East Waterloo Family Housing (Common Bond Communities) application for the construction of 40 new dwelling units (town- homes). The site is located at the southeast corner of Newell and Mobile Streets. Anderson gave a description of the project as well a staff report. Anderson stated that nothing has changed, but by the time that the completed application had reached that state, the previous Enterprise Zone (4) had expired and as the paperwork included the outdated Enterprise Zone name and information for the previous zone, it should re-approved with the correct information. Anderson added that the recently approved Enterprise Zone had doubled the size of the zone area, and had included many areas that had previously left out. He added that this was possible as there is no longer a size limit on Enterprise Zones as there had been when the last one had been approved. Moser inquired about the requirements to be eligible for the Enterprise Zone. Poll went over the new areas and the requirements they met to be included in the zone. It was moved by Schmitt, seconded by Johnson to approve request. Motion was approved unanimously. D. Adjournment It was moved by Moser, seconded by Schmitt to adjourn. Motion was approved unanimously. Respectfully submitted, Adam Poll Staff to the Commission MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING — 1:00 P.M. October 7, 2008 MOLLENHOFF CONFERENCE ROOM, 2"d FLOOR CITY HALL Members present were: Chairperson Vich Brock, Dowie, Moser, Sauerbrei, Johnson, and Schmitt. Cynthia Lee was present as the applicant. Shane Graham was present as staff. Chairperson Vich called the meeting to order at 1:10 p.m. A quorum is present. 1. Approval of Agenda It was moved by Dowie and seconded by Johnson to approve the agenda as submitted. Motion passed and carried unanimously. 2. Approval of Minutes It was moved by Brock and seconded by Schmitt to approve the Minutes of August 22, 2008. Motion passed and carried unanimously. 3. Request by East Waterloo Family Housing (Common Bond Communities) application for the construction of 40 new dwelling units (town-homes) located within the EZ Zone. Graham gave a description of the project and the staff report noting the eligibility of the project. Lee then gave a background on Common Bond Communities and explained how Common Bond was a non-profit who has constructed 4,900 units for families in MN, IA, and WI since 1971. For this development they are partnering locally with Sisters of Mercy. These homes will be a mix of 2, 3, and 4 bedroom units with a community building. Brock asked where the money to develop the project comes from. Lee explained that a developer and equity partner would partner up and that the tax credit are federal but provided through the state. Discussion ensued. Brock asked what kind of quality assurance programs there would be. Lee discussed the tenant screening aspect as well as tenant rules and Common Bonds commitment to long-term property ownership and management. Schmitt pointed out that similar projects had been approved by this committee previously. Lee explained that they held a neighborhood meeting that addressed concerns about the type of tenants that would be living there as well as addressed the screening process more in depth and the job training services that would be provided at this facility. These include computer courses, career counseling and financial literacy classes. Vich inquired if this project would enhance that area of the city. Graham advised that the request for rezoning was going to be recommended for approval by staff and that the parcel currently was vacant and unused. Dowie asked if there was a market study. Lee cited that approximately one year ago a preliminary market study was done which showed the need for affordable housing for families in this area. Discussion ensued discussing other tax credit housing in the community. Lee added that she knew of no properties that offered the services that they will offer. Lee went on to address security concerns. She added that the design of the complex would include a central parking area as well as well-lit areas and other security features were being looked at. It was moved by Brock, seconded by Dowie to approve request. Motion was approved with all members voting for the motion with the exception of Johnson, who abstained himself from voting due to a possible conflict of interest. 4. Discussion. None. It was then moved to adjourn by Johnson and seconded by Dowie. Motion carried and passed unanimously. Respectfully submitted, Shane Graham Secretary to Commission MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING — 2:00 P.M. MAY 30, 2006 1st FLOOR CONFERENCE ROOM Members present were: Brock, Dowie, Johnson, Langlas, Northey, Orr, and Chairperson Vich. Steve Huesome and Fred Timko were present for PBI —Tech, LLC. Noel Anderson was present as staff. Vich called the meeting to order at 2:01 p.m. A quorum is present. 1. Approval of Agenda It was moved by Dowie and seconded by Orr to approve the agenda as submitted (with change to reference of Minutes, incorrectly noted at April minutes, when May 3, 2006 minutes were the correct reference and were attached). Motion passed and carried unanimously. 2. Approval of Minutes It was moved by Dowie and seconded by Brock to approve the Minutes. Motion passed and carried unanimously. 3. Review of the PBI — Tech, LLC application for the redevelopment of hotel building for 130 apartment units, designed for seniors. These units will be 1 or 2-bedroom units, and valued at$110,000 per unit. Anderson gave the staff report noting the 4 eligibility requirements of the Enterprise Zone for Housing Projects (included in the packet in text form). Anderson further made mention of the Highway 63 Corridor Project, stating this property should not be needed for acquisition of the interchange redesign. Vich asked if the request met the criteria set forth by the Enterprise Zone Commission previously. Anderson noted this is a redevelopment project, and the exterior changes to the building, while an improvement, are not anticipated to be a major change from the current building façade. Anderson noted he felt it met the criteria of compatibility. Vich asked that the criteria be included with the application packet. Vich asked if the entire building would be completed in phases or all at one? Timko noted they had looked at it in terms of phases of 3-floor segments, but did not believe it would be beneficial. They will undergo redevelopment of the entire project as one phase. Vich followed up with a question about management. Timko stated they have a management company out of Cedar Rapids, which specifically works with senior apartment complexes. Brock asked about recreational activities, facilities within the building/site. Timko handed out some drawings and pointed out some of the amenities on the drawings, including: swimming pool, theatre, general store, restaurant dining experience, etc. Timko noted they have a lot of room on the first floor for such areas. Brock asked if there would be enough room for a grocery store, or any nearby—shuttling, etc. for residents. Timko noted the general store will have some grocery items, and each unit has a kitchen. The restaurant style suppers will also cut down on the need for groceries. Johnson asked what they see as the greatest challenge in this project. Timko stated the 11-story design will be a challenge and how the seniors respond to this design, with an elevator, versus some of the new developments being built. He described the nice layout and location of the building, giving residents a choice of the southerly residential view, or the northerly urban downtown view. Langlas asked if they had previously built senior housing. Timko noted he had built it as a contractor, but not as an owner. He went on to describe the upcoming spike anticipated in studies for senior housing in 2009. (Several board members began to calculate from their birthdates). Brock further noted the multi-story design in this area, with the example of the Landmark Commons Project having a 3- story portion. Timko noted this is independent living, though residents may pay for additional services, medicines, etc. if they choose, but it is set up for independent living. They figure it will take 2 years to absorb the units in this marketplace. Orr asked about the "special needs" wording in the application. Timko noted this is basically for bathroom renovations. A discussion ensued about selling or renting the units. Timko noted there are no plans to sell—only to rent the units. Rent would be roughly $2,100 per month with a meal plan and linen service. Someone asked who PBI LLC was? PBI is Point Builders and John Young, the current owner. The discussion moved to storm details. The building was built in 1965, and the first floor will work as an adequate storm shelter, as you would have 11 stories of poured-in-place concrete above you, and it is large enough to fit all residents and a number of guests. The building is sprinkled. It was then moved by Dowie and seconded by Johnson to approve as submitted. Motion carried and passed unanimously. It was then moved by Northey and seconded by Dowie to adjourn the meeting at 2:38 p.m. Resper ub Noel An•e son Secretary to Commission MINUTES WATERLOO ENTERPRISE ZONE COMMISSION SCHEDULED MEETING — 9:30 A.M. JUNE 15, 2005 FRANK MOLLENHOFF CONFERENCE ROOM Members present were: Brock, Johnson, Northey, Orr, Sauerbrei, and Chairperson Vich. Also present was Greg Glidewell, Kent Stackhouse, and Nancy Seaman on behalf of 3 Kids & A Dog LLC. Noel Anderson was present as staff. Vich called the meeting to order at 9:31 a.m. A quorum is present. 1. Approval of Agenda It was moved by Orr and seconded by Northey to approve the agenda as submitted. Motion passed and carried unanimously. 2. Approval of Minutes Due to an error in the mailing, the Minutes were not included in the packet. They would be submitted to the Commission at their next meeting for proper review and approval. 3. Review of Three Kids and A Dog LLC application for benefits for the development of 4 single-family homes on locations within the Enterprise Zone. The Commission discussed the ingress/egress split design of the sample drawings. The 3 Kids representatives noted this was their initial design, and may be changed slightly from site to site, based on the ground elevations. The discussion moved to the differing funding sources, including the monies derived from the Community Development Commission. Northey questioned if the homes would be for sale. The 3 Kids noted that this was the intent/goal. They are not rent to own. Orr asked about the timeline. They noted they are working to build two right away, and 4 over the 2-year period. After some more discussion about the project and support for stick-built homes that appear compatible to others in the surrounding vicinity, it was moved by Orr and seconded by Northey to approve the application as submitted. Motion carried unanimously. 4. The next agenda item was the request by the Commission to add in additional wording to their recommendations of approval. This item originated from concerns of neighbors and neighborhood officials about types and designs of homes being placed within established neighborhoods. At the Commission's last 2 meetings, staff and Chairperson Vich had previously met with the City attorney's office regarding wording in the State Code allowing the Enterprise Zone Commission to establish further parameters for development projects seeking Enterprise Zone incentives. The wording on the attachment was aimed at making new housing developments within the Enterprise Zone compatible to existing homes. Anderson went over the attachment, noting that the final determination of compatibility would lie with the Commission, based, but limited on, the criteria in the attachment. The discussion ensued on the matter and whether or not the wording would be too vague. Anderson noted the Commission would need to look at each site on its own merit, and evaluate the surrounding environment of homes, etc. to lessen the vagueness of the wording. To make it more defined now may prove to cause problems as each case will undoubtedly have its own individual characteristics. The Commission discussion continued with a base point of"building good homes" as their goal, and encouraging further projects to take place within the Zone. The Commission also wanted the wording to include commercial structures and their compatibility to their surrounding. Anderson noted he would make such changes. It was then moved by Northey and seconded by Orr to forward the attachment to the City Attorney's Office for review. Upon recommendation of approval by the City Attorney's Office, Anderson will bring it back to the Commission for final action. Motion passed unanimously. It was then moved by Orr and seconded by Northey to adjourn the meeting at 9:55 a.m. Respectfully sub ' - ` L Noel Aftderson Secretary to Commission