Redevelopment Advisory Commission

CITY OF HENDERSON REDEVELOPMENT AGENCY ADVISORY COMMISSION MINUTES REGULAR MEETING Tuesday, November 26, 2019 I. CALL TO ORDER Chairman Ronald Leavitt called the Redevelopment Agency Advisory Commission Meeting to order at 4:02 p.m. in the City Hall Annex Conference Room, City Hall Annex, 280 Water Street, Henderson, Nevada. II. CONFIRMATION OF POSTING AND ROLL CALL MaryAnne Cruzado, Redevelopment Program Specialist, confirmed the Redevelopment Agency Advisory Commission meeting had been noticed in compliance with the Open Meeting Law by posting the Agenda three working days prior to the meeting at City Hall, City Hall Annex, the Multigenerational Recreation Center, the Whitney Ranch Recreation Center, Fire Station No. 86, the Nevada Public Notice Website, the City of Henderson Website, and by mailing and emailing a copy of the Agenda to everyone appearing thereon on the Agenda Master Mailing List and Emailing List. PRESENT: Chairman Ronald Leavitt Tom Foster Nathan Henderson Mark McGinty Richard Serfas ABSENT: Laura Jane Spina (excused) John VanderPloeg (excused) STAFF: MaryAnne Cruzado, Redevelopment Program Specialist Victoria Dasis, Deputy City Clerk Anthony Molloy, Downtown Redevelopment Manager Bethany Sanchez, Assistant City Attorney III David David Vorce, Principal Redevelopment Fiscal Administrator Redevelopment Agency Advisory Commission Page 2 of 7 Tuesday, November 26, 2019 – Minutes III. PUBLIC COMMENT There were no public comments presented. IV. ACCEPTANCE OF AGENDA David Vorce, Principal Redevelopment Fiscal Administrator, stated item RAC-3 should read Fourth Amendment, rather than Third Amendment, throughout the entire item. He explained that the applicant requested a separate third amendment be done as soon as possible, which will be completed administratively. (Motion) Mr. McGinty introduced a motion to accept the agenda as amended. The vote favoring approval was unanimous. Chairman Leavitt declared the motion carried. V. NEW BUSINESS RAC-1 MINUTES REDEVELOPMENT AGENCY ADVISORY COMMISSION MEETING SEPTEMBER 24, 2019 REDEVELOPMENT Redevelopment Agency Advisory Commission meeting minutes of September 24, 2019. (Motion) Mr. McGinty introduced a motion to adopt the Redevelopment Agency Advisory Commission meeting minutes of September 24, 2019, as amended. The vote favoring approval was unanimous. Chairman Leavitt declared the motion carried. RAC-2 REDEVELOPMENT AGENCY ANNUAL AUDIT FISCAL YEAR 2018-2019 REDEVELOPMENT SUBMISSION OF REDEVELOPMENT AGENCY ANNUAL AUDITED FINANCIAL STATEMENTS – FISCAL YEAR 2018-2019 AND REQUIRED COMMUNICATIONS LETTER. David Vorce, Principal Redevelopment Fiscal Administrator, stated the annual audit was approved at the November 19, 2019, Redevelopment Agency meeting. He said the Redevelopment Agency received a clean unmodified opinion and there were no findings or significant adjustments to the audit. Redevelopment Agency Advisory Commission Page 3 of 7 Tuesday, November 26, 2019 – Minutes Mr. Vorce referred to the backup material and provided an overview of the fund balances in each redevelopment area and noted there is a cumulative balance of $22,391,273.00 in available funds. He stated this is the largest balance the Redevelopment Agency has ever had. Following an inquiry by Chairman Leavitt regarding how much area the Eastside redevelopment area represents, Mr. Vorce said it is the largest redevelopment area having 4,400 acres. He added that the Cadence Master Plan community, the Union Village area, and the Henderson Hospital make up approximately 70% of the billings. Following an inquiry by Chairman Leavitt regarding how the funds are generated, Mr. Vorce said funds are accrued by incremental property taxes. Following a brief discussion regarding how funds can be used, Mr. Vorce said, per Nevada Revised Statute 279, funds from one redevelopment area may be allocated within, or outside of, another redevelopment area only if the project has justification. He said the justification must benefit the area or the city in a major fashion. Following an inquiry by Mr. Foster regarding if funds will support the roadway extension of Water Street into the Cadence community, Mr. Vorce stated the Regional Transportation Commission will fund the extension through Public Works. RAC-3 THIRD AMENDMENT OWNER PARTICIPATION AGREEMENT CITY OF HENDERSON REDEVELOPMENT AGENCY AND UNION VILLAGE, LLC REDEVELOPMENT Third Amendment to the Owner Participation Agreement by and between The City of Henderson Redevelopment Agency and Union Village, LLC, revising the construction schedule. David Vorce, Principal Redevelopment Fiscal Administrator, reminded those present that this item will be revised to the Fourth Amendment, not the Third Amendment. He stated the Third Amendment will amend the Master List to be consistent with the improvements that have been made, and will include the Stufflebeam improvements, and can be completed administratively. Mr. Vorce said there will be no fiscal impacts generated from these revisions. Redevelopment Agency Advisory Commission Page 4 of 7 Tuesday, November 26, 2019 – Minutes Mr. Vorce presented a summary of the Fourth Amendment, which revises the construction schedule. He referred to page 106 from the backup material and said the amendment will extend the Village Park start date to 2020, and revises the cumulative square footage for the project by three acres, instead of five acres. Mr. McGinty voiced his support for the new construction schedule. (Motion) Mr. McGinty introduced a motion to recommend approval of the Fourth Amendment to the Owner Participation Agreement by, and between, the City of Henderson Redevelopment Agency and Union Village, LLC, revising the construction schedule. RAC-4 GRANT AWARD AGREEMENT DOWNTOWN FAÇADE IMPROVEMENT GRANT BLUE RIBBON HOSPITALITY L.L.C. REDEVELOPMENT Façade Improvement Sign Grant Award Agreement between Blue Ribbon Hospitality L.L.C., and the City of Henderson Redevelopment Agency, providing grant funding pursuant to the Façade Improvement Grant Program for sign improvements to the property located at 894 South Boulder Highway, in an amount not to exceed $2,000.00. Anthony Molloy, Downtown Redevelopment Manager, presented a summary of this item and stated staff recommends approval. (Motion) Mr. Serfas introduced a motion recommending approval to adopt staff’s findings and approve a Downtown Façade Improvement Sign Grant Award Agreement between Blue Ribbon Hospitality L.L.C., and the City of Henderson Redevelopment Agency, providing grant funding pursuant to the Down Façade Improvement Grant Program, in an amount not to exceed $2,000.00. The vote favoring approval was unanimous. Chairman Leavitt declared the motion carried. Redevelopment Agency Advisory Commission Page 5 of 7 Tuesday, November 26, 2019 – Minutes RAC-5 DATE CHANGE REDEVELOPMENT ADVISORY COMMISSION DECEMBER 2020 MEETING REDEVELOPMENT Reschedule the Redevelopment Advisory Commission Meeting of December 22, 2020, to December 15, 2020. Anthony Molloy, Downtown Redevelopment Manager, said the monthly meetings from January 2020 through November 2020 will be scheduled on the fourth Tuesday of each month, and requested the December meeting be changed to December 15, 2020. (Motion) Mr. Serfas introduced a motion to approve the rescheduling of the Redevelopment Advisory Commission meeting of December 22, 2020, to December 15, 2020. The vote favoring approval was unanimous. Chairman Leavitt declared the motion carried. RAC-6 RESOLUTION TO RATIFY DONATION OF $250,000.00 TO NEVADA STATE COLLEGE REDEVELOPMENT A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF HENDERSON, NEVADA, RATIFYING THE DONATION OF TWO-HUNDRED FIFTY THOUSAND DOLLARS ($250,000.00) TO THE NEVADA STATE COLLEGE FOUNDATION FOR THE CONSTRUCTION OF THE NEVADA STATE COLLEGE SCHOOL OF EDUCATION BUILDING LOCATED AT THE NEVADA STATE COLLEGE HENDERSON CAMPUS, AS A PORTION OF THE PRIVATE CONTRIBUTION MATCH IN THE APPROXIMATE AMOUNT OF SIX MILLION DOLLARS ($6,000,000.00) REQUIRED BY THE STATE LEGISLATURE TO PROVIDE THE REMAINING FUNDING FOR THE PROJECT, IN THE APPROXIMATE AMOUNT OF FIFTY-SIX MILLION DOLLARS ($56,000,000.00). Anthony Molloy, Downtown Redevelopment Manager, stated this item is a request to ratify the donation of $250,000.00 to the Nevada State College. He said the State Legislature agreed to fund the construction of a new education building in the amount of $56,000,000.00 on the contingency that Nevada State College receive $6,000,000.00 of their funding from sources other than the legislative process. Redevelopment Agency Advisory Commission Page 6 of 7 Tuesday, November 26, 2019 – Minutes Mr. Molloy stated the education building would not be in a redevelopment area; however, the building would benefit students who live in adjacent redevelopment areas, and would assist with the teacher shortage in southern Nevada. He noted that many of the schools that have teacher deficiencies are within redevelopment areas as well. Mr. Molloy stated staff supports the ratification. Chairman Leavitt disclosed that he is a member of the Finance and Audit Committee for the Nevada State College; however, since he serves as investment counsel, not a voting member, Chairman Leavitt believed he did not need to abstain from discussion or voting on this matter. Mr. Foster requested clarification on the private contribution language, which was addressed by Bethany Sanchez, Assistant City Attorney III. Following a discussion regarding the language of the motion, Mr. Foster requested the language be modified. David Vorce, Principal Redevelopment Fiscal Administrator, noted that the funds would come from the Eastside redevelopment account. (Motion) Mr. Serfas introduced a motion to recommend approval of a resolution of the Redevelopment Agency of the City of Henderson, Nevada, ratifying the donation of two-hundred fifty thousand dollars ($250,000.00) to the Nevada State College Foundation for the construction of the Nevada State College School of Education Building, located at the Nevada State College Henderson Campus, as a contribution, in the approximate amount of six million dollars ($6,000,000.00) required by the State Legislature to provide the remaining funding for the project in the approximate amount of fifty-six million dollars ($56,000,000.00). The roll call vote favoring passage was: Those voting aye: Nathan Henderson, Ronald Leavitt, Mark McGinty, and Richard Serfas. Those voting nay: Tom Foster. Those absent: Laura Jane Spina and John VanderPloeg. Those abstaining: None. Chairman Leavitt declared the motion carried. VI. CHAIRMAN\MEMBER COMMENTS Mr. McGinty requested an update on the residential improvement grants at the next meeting. Anthony Molloy, Redevelopment Manager, stated that informational item will be prepared. Redevelopment Agency Advisory Commission Page 7 of 7 Tuesday, November 26, 2019 – Minutes VII. SET NEXT MEETING The next meeting was set for December 17, 2019, located at the City Hall Annex Conference Room. VIII. PUBLIC COMMENT There were no public comments presented. IX. ADJOURNMENT There being no further business to be discussed, Chairman Leavitt adjourned the meeting at 4:49 p.m. Respectfully submitted, ____________________ Victoria Dasis, Deputy City Clerk