Redevelopment Advisory Commission

CITY OF HENDERSON REDEVELOPMENT AGENCY ADVISORY COMMISSION MINUTES REGULAR MEETING Tuesday, July 23, 2019 I. CALL TO ORDER Chairman John VanderPloeg called the Redevelopment Agency Advisory Commission Meeting to order at 4:05 p.m. in the Annex Conference Room, City Hall Annex, 280 Water Street, Henderson, Nevada. II. CONFIRMATION OF POSTING AND ROLL CALL Brittany West, Redevelopment Commission Coordinator, 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, Fire Station No. 86, the Nevada Public Notice Website, the City of Henderson Website, and by mailing a copy of the agenda to everyone appearing thereon on the Agenda Master Mailing List. PRESENT: Chairman John VanderPloeg Nathan Henderson Ronald Leavitt Mark McGinty Richard Serfas EXCUSED: Tom Foster Laura Jane Spina STAFF: Victoria Dasis, Deputy City Clerk Daphney Jeffers, Senior Administrative Analyst Anthony Molloy, Interim Redevelopment Manager Bethany Sanchez, Assistant City Attorney III David Vorce, Principal Redevelopment Fiscal Administrator Brittany West, Redevelopment Commission Coordinator GUESTS: Tom Amick, Kaempfer Crowell Blake Apgar, Las Vegas Review-Journal Mike Ballard, Sixty West Jeff Cruden, Strada LV, LLC Phil Ralston, American Nevada Company, LLC Tom Wucherer, Strada LV, LLC Redevelopment Advisory Commission Page 2 of 6 Tuesday, July 23, 2019 – Minutes III. PUBLIC COMMENT There were no public comments presented. IV. ACCEPTANCE OF AGENDA (Motion) Mr. McGinty introduced a motion to accept the agenda as presented. The vote favoring approval was unanimous. Chairman VanderPloeg declared the motion carried. V. NEW BUSINESS RAC-1 MINUTES REDEVELOPMENT AGENCY ADVISORY COMMISSION MEETING JUNE 25, 2019 REDEVELOPMENT Redevelopment Agency Advisory Commission meeting minutes of June 25, 2019. (Motion) Mr. McGinty introduced a motion to adopt the meeting minutes of June 25, 2019, as presented. The vote favoring approval was unanimous. Chairman VanderPloeg declared the motion carried. RAC-2 LAND PURCHASE AND SALE AGREEMENT AND JOINT ESCROW INSTRUCTIONS ASSESSOR’S PARCEL NUMBERS 179-18-710-229, 179-18-710-230, 179-18-710-224, 179-18-710-223, AND 179-18-710-240, GENERALLY LOCATED AT 211 AND 219 SOUTH WATER STREET; AND 210, 214, AND 218 SOUTH TEXAS AVENUE REDEVELOPMENT 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 Assessor’s Parcel Numbers 179-18-710-229, 179-18-710-230, 179-18-710-224, 179-18-710-223, and 179-18-710-240, generally located at 211 and 219 South Water Street; and 210, 214, and 218 South Texas Avenue, commonly referred to as “Site D”, for redevelopment purposes, for the purchase price of $399,000.00, and authorize the Executive Director to execute and deliver all documents to be delivered by the Agency thereunder. Redevelopment Advisory Commission Page 3 of 6 Tuesday, July 23, 2019 – Minutes Anthony Molloy, Interim Redevelopment Manager, presented a summary of this item, and said the joint escrow instructions are contingent upon the Redevelopment Agency agreeing to sell the property to the Strada LV, LLC, for a future mixed-use development. He stated staff recommends approval of this item. Responding to an inquiry by Chairman VanderPloeg regarding a duplicate study in the backup documentation, Mr. Molloy stated there was a minor scriveners’ error with how this item was numbered in the agenda. (Motion) Mr. Leavitt introduced a motion recommending approval of 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 Assessor’s Parcel Numbers 179-18-710-229, 179-18-710-230, 179-18-710-224, 179-18-710-223, and 179-18-710-240, generally located at 211 and 219 South Water Street, and 210, 214, and 218 South Texas Avenue, commonly referred to as “Site D”, for redevelopment purposes, for the purchase price of $399,000.00, 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 VanderPloeg declared the motion carried. RAC-3 RESOLUTION INTENT TO CONSIDER SALE OF APPROXIMATELY 0.98 ACRES OF VACANT LAND, IDENTIFIED AS ASSESSOR’S PARCEL NUMBERS 179-18-710-229, 179-18-710-230, 179-18-710-224, 179-18-710-223, AND 179-18-710-240, GENERALLY LOCATED AT 211 AND 219 SOUTH WATER STREET; AND 210, 214, AND 218 SOUTH TEXAS AVENUE TO STRADA LV, LLC, A NEVADA LIMITED-LIABILITY COMPANY REDEVELOPMENT A RESOLUTION OF THE CITY OF HENDERSON REDEVELOPMENT AGENCY, CLARK COUNTY, NEVADA, EXPRESSING ITS INTENT TO CONSIDER THE SALE OF APPROXIMATELY 0.98 ACRES OF VACANT LAND, COMMONLY REFERRED TO AS “SITE D,” IDENTIFIED AS ASSESSOR’S PARCEL NUMBERS 179-18-710-229, 179-18-710-230, 179-18-710-224, 179-18-710-223, AND 179-18-710-240, GENERALLY LOCATED AT 211 AND 219 SOUTH WATER STREET; AND 210, 214, AND 218 SOUTH TEXAS AVENUE, INCLUDING A PORTION OF AN ADJACENT ALLEY, TO STRADA LV, LLC, A NEVADA LIMITED-LIABILITY COMPANY, FOR THE PROPERTY’S APPRAISED VALUE OF $399,000.00. Redevelopment Advisory Commission Page 4 of 6 Tuesday, July 23, 2019 – Minutes Anthony Molloy, Interim Redevelopment Manager, presented a summary of this item and stated the mixed-use project is proposed to have commercial, office, and residential space. He said this item is recommended for approval. Mr. Molloy said the Redevelopment Advisory Commission heard this item several months ago, and since that time, the developer compiled the required financial due diligence documents and created the overall project concept. He explained a restaurant was previously on the site, which was demolished at the City’s expense, and that the developer will contribute $30,000.00 towards the demolition costs. Tom Wucherer, Strada LV, LLC, 89135, thanked the Redevelopment Agency for their assistance during the application process, and expressed excitement for the opportunity to develop on Water Street. Responding to a question by Mr. McGinty regarding parking space, Mr. Wucherer said there will be 128 parking stalls for residents in the garage and approximately 24 public parking spaces outside of the development. Mr. Leavitt inquired if the applicant will provide their own resources to fund the project without assistance. Mr. Wucherer advised the required financial documents which show competence were provided and does not anticipate seeking bond or grant proposals at this time. Mr. Wucherer provided an overview of the development’s facilities and amenities, and stated he has already received a lot of interest for the office space. Following a brief discussion regarding pedestrian friendly streets, the Commission expressed appreciation for the project and its contribution to the Water Street District. Mr. Molloy stated the development will have up to 20 percent of workforce residential units that will be at a rate of 80 percent of the area median income. (Motion) Mr. Serfas introduced a motion to recommend adoption of the Resolution of the City of Henderson Redevelopment Agency, Clark County, Nevada, expressing its intent to consider the sale of approximately 0.98 acres of vacant land, commonly referred to as “Site D,” identified as Assessor’s Parcel Numbers 179-18-710-229, 179-18-710-230, 179-18-710-224, 179-18-710-223, and 179-18-710-240, generally located at 211 and 219 South Water Street; and 210, 214, and 218 South Texas Avenue, including a portion of an adjacent alley, to Strada LV, LLC, a Nevada Limited-Liability company, for the property’s appraised value of $399,000.00. The vote favoring approval was unanimous. Chairman VanderPloeg declared the motion carried. Redevelopment Advisory Commission Page 5 of 6 Tuesday, July 23, 2019 – Minutes RAC-4 ELECTION OF CHAIRMAN REDEVELOPMENT Commission members will elect a Chairman, term will begin on August 27, 2019. (Motion) Mr. McGinty introduced a motion to elect Ron Leavitt as Chairman. The vote favoring approval was unanimous. Chairman VanderPloeg declared the motion carried. RAC-5 ELECTION OF VICE CHAIRMAN REDEVELOPMENT Commission members will elect a Vice Chairman, term will begin on August 27, 2019. (Motion) Mr. Leavitt introduced a motion elect Nathan Henderson as Vice Chairman. The vote favoring approval was unanimous. Chairman VanderPloeg declared the motion carried. VI. CHAIRMAN\MEMBER COMMENTS Referring to RAC-3, Mr. McGinty inquired if the applicants are eligible to receive financial assistance in the future. Anthony Molloy, Interim Redevelopment Manager, stated the applicant may request assistance through grants; although, the application shows the developer to have the appropriate funds to support this project. The Commission members thanked Chairman VanderPloeg for leading the Commission meetings this past year. VII. SET NEXT MEETING The next meeting was set for August 27, 2019, at 4:00 p.m. in the City Hall Annex Conference Room. VIII. PUBLIC COMMENT There were no public comments presented. Redevelopment Advisory Commission Page 6 of 6 Tuesday, July 23, 2019 – Minutes IX. ADJOURNMENT There being no further business to be discussed, Chairman VanderPloeg adjourned the meeting at 4:43 p.m. Respectfully submitted, ____________________ Victoria Dasis Deputy City Clerk