Redevelopment Advisory Commission

CITY OF HENDERSON REDEVELOPMENT AGENCY ADVISORY COMMISSION MINUTES November 18, 2014 I. CALL TO ORDER Chairman Richard Serfas called the Redevelopment Agency Advisory Commission to order at 4:02 p.m. in the Annex Conference Room, City Hall Annex, 280 Water Street, Henderson, Nevada. II. CONFIRMATION OF POSTING AND ROLL CALL MaryAnne Cruzado, Recording Secretary, confirmed the meeting had been noticed in accordance with the Open Meeting Law by posting the Agenda three working days prior to the meeting at City Hall, Henderson Convention Center, Green Valley Police Substation, and Fire Station No. 86. Present: Chairman Richard Serfas Tom Foster Dave Johnson (arrived at 4:10 p.m.) Mark McGinty Stan Southwick Laura Jane Spina Excused: John Vanderploeg Staff: MaryAnne Cruzado, Admin Assistant III April Parra, Council and Commission Services Reporter Rory Robinson, Sr. Assistant City Attorney Michelle Romero, Redevelopment Manager Gue`` Guest: Windom Kimsey, Blue Skye Maria Gamboa, Pearcy Bowler Taylor Kern Stuart Hitchen, First Federal Realty Redevelopment Agency Advisory Commission Page 2 of 6 November 18, 2014 – Minutes III. PUBLIC COMMENT No comments were presented by the public. IV. ACCEPTANCE OF AGENDA (Motion) Mr. McGinty introduced a motion to accept the agenda as presented. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. V. NEW BUSINESS 1 MINUTES REDEVELOPMENT AGENCY ADVISORY COMMISSION MEETING OF October 28, 2014 Adopt the minutes of the City of Henderson Redevelopment Agency Advisory Commission meeting of October 28, 2014. (Motion) Mr. Southwick introduced a motion to adopt the minutes of October 28, 2014, as presented. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. 2 AUGMENTATION AND AUTHORIZATION FOR THE CITY ATTORNEY’S OFFICE TO EXPEND AGENCY FUNDS FOR LEGAL EXPENSES ASSOSCIATED WITH THE LAKEMOOR DEVELOPMENT, LLC MASTER PLANNING AGREEMENT Approve a budget augmentation and authorization for the City Attorney’s Office to expend Agency funds for legal expenses associated with the Lakemoor Development, LLC Master Planning Agreement, not to exceed $150,000.00. Michelle Romero, Redevelopment Manager, gave a brief summary of the proposed item and stated staff recommends approval. (Motion) Mr. McGinty introduced a motion to approve a budget augmentation and authorization for the City Attorney’s Office to expend Agency funds for legal expenses associated with the Lakemoor Development, LLC Master Planning Agreement, not to exceed $150,000.00. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. 3 SUBMISSION OF REDEVELOPMENT AGENCY ANNUAL AUDITED FINANCIAL STATEMENTS - FISCAL YEAR 2013-2014 AND REQUIRED Redevelopment Agency Advisory Commission Page 3 of 6 November 18, 2014 – Minutes COMMUNICATIONS LETTER Approve the Redevelopment Agency's Fiscal Year 2013-2014 Audited Financial Statements. Ms. Romero gave a summary of the proposed item and stated staff recommends approval. (Motion) Mr. Foster introduced a motion to approve the Redevelopment Agency's Fiscal Year 2013-2014 Audited Financial Statements. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. 4 1ST QUARTER FY15 FINANCIAL UPDATE REPORT Accept the Financial Update Report. Ms. Romero gave a summary of the proposed item and stated noted that revenues were 30% higher than predicted. (Motion) Mr. Foster introduced a motion to Accept the Financial Update Report. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. 5 LAND PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS FOR THE PURCHASE OF 318 S. WATER STREET BY THE CITY OF HENDERSON REDEVELOPMENT FROM THE CITY OF HENDERSON Approve the Land Purchase and Sale Agreement and Joint Escrow Instructions between the City of Henderson Redevelopment Agency, as buyer, and the City of Henderson, as seller, for the purchase of 318 S. Water Street for redevelopment purposes for the purchase price of $63,000.00, and authorize the Executive Director to execute and deliver all documents to be delivered by the Agency thereunder. Ms. Romero gave a summary of the proposed item and stated staff recommends approval. She also noted that this item will go before the City Council at tonight’s meeting. Mr. Foster abstained from voting on this item due to being involved with the project as the consulting engineer. (Motion) Mr. McGinty introduced a motion to Approve the Land Purchase and Sale Agreement and Joint Escrow Instructions between the Redevelopment Agency Advisory Commission Page 4 of 6 November 18, 2014 – Minutes City of Henderson Redevelopment Agency, as buyer, and the City of Henderson, as seller, for the purchase of 318 S. Water Street for redevelopment purposes for the purchase price of $63,000.00, and authorize the Executive Director to execute and deliver all documents to be delivered by the Agency thereunder. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. 6 RESOLUTION INTENT TO CONSIDER THE SALE OF APPROXIMATELY 0.53 ACRES OF VACANT LAND, IDENTIFIED AS ASSESSOR'S PARCEL NUMBERS 179-18- 810-056, -057 AND -058, GENERALLY LOCATED AT 314, 318 & 322 S. WATER STREET IN TWO PHASES Approve a Resolution of the City of Henderson Redevelopment Agency of its intent to consider the sale of approximately 0.53 acres of vacant land, identified as Assessor's Parcel numbers 179-18-810-056, -057 and -058, generally located at 314, 318, & 322 S. Water Street, with Phase I (314 Water Street, approximately .17 acres) at $52,000.00, and Phase II (318 and 322 Water Street, .19 and .17 acres respectively) to be determined by appraisal at such time as the developer exercises his option to purchase. Ms. Romero gave a summary of the proposed item and stated staff recommends approval. Mr. Foster abstained from voting on this item due to being involved with the project as the consulting engineer. (Motion) Mr. McGinty introduced a motion to approve a Resolution of the City of Henderson Redevelopment Agency of its intent to consider the sale of approximately 0.53 acres of vacant land, identified as Assessor's Parcel numbers 179-18-810-056, -057 and -058, generally located at 314, 318, & 322 S. Water Street, with Phase I (314 Water Street, approximately .17 acres) at $52,000.00, and Phase II (318 and 322 Water Street, .19 and .17 acres respectively) to be determined by appraisal at such time as the developer exercises his option to purchase. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. 7 RESOLUTION INTENT TO CONSIDER THE SALE OF APPROXIMATELY 10,680 SQUARE FEET OF VACANT LAND, IDENTIFIED AS A PORTION OF ASSESSOR'S PARCEL NUMBER 179-18-218-001, GENERALLY LOCATED AT THE SOUTHWEST CORNER OF S. WATER STREET AND VICTORY ROAD Approve a Resolution of the City of Henderson Redevelopment Agency of its Redevelopment Agency Advisory Commission Page 5 of 6 November 18, 2014 – Minutes intent to consider the sale of approximately 10,680 square feet of vacant land, identified as a portion of Assessor's Parcel Number 179-18-218-001, generally located at the southwest corner of S. Water Street and Victory Road, for $120,000.00. Ms. Romero gave a summary of the proposed item and stated staff recommends approval. She also noted made two corrections to the proposed resolution: Page one of the resolution a correction was made to the zoning classification and under Section 2, the date should be December 16, 2014. Responding to a question by Mr. Foster regarding any recourse the City might have to get the property back should the project not move forward, Ms. Romero said there is recourse if construction does not commence. (Motion) Mr. Foster introduced a motion to approve a Resolution of the City of Henderson Redevelopment Agency of its intent to consider the sale of approximately 10,680 square feet of vacant land, identified as a portion of Assessor's Parcel Number 179-18-218-001, generally located at the southwest corner of S. Water Street and Victory Road, for $120,000.00. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. VI. CHAIRMAN\MEMBER COMMENTS There were no comments presented. VII. SET NEXT MEETING The next meeting was set for December 16, 2014 at 4:00 p.m. VIII. PUBLIC COMMENT IX. ADJOURNMENT There being no further business to be discussed, the meeting was adjourned at 4:15 p.m. Respectfully submitted, __________________________ April Parra Council and Commission Services Reporter Redevelopment Agency Advisory Commission Page 6 of 6 November 18, 2014 – Minutes