Redevelopment Agency Loan Committee

CITY OF HENDERSON REDEVELOPMENT GRANT AND LOAN COMMITTEE REGULAR MEETING MINUTES December 20, 2016 I. CALL TO ORDER Chairman Serfas called the Redevelopment Agency Grant and Loan Committee to order at 3:32 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, Recording Secretary, confirmed the 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, Henderson Convention Center, Green Valley Police Substation, and 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 Richard Serfas Mark McGinty Roy Borsellino Mark Hobaica John VanderPloeg Excused: None Staff: MaryAnne Cruzado, Recording Secretary April Parra, Council and Commission Services Reporter Anthony Molloy, Downtown Redevelopment Manager Rory Robinson, Sr. Assistant City Attorney Jamie Thalgott, Assistant City Attorney II David Vorce, Principal Redevelopment Fiscal Administrator Redevelopment Agency Loan Committee Page 2 of 4 December 20, 2016 – Minutes III. PUBLIC COMMENT There were no public comments presented. IV. ACCEPTANCE OF AGENDA (Motion) Mr. Borsellino introduced a motion to accept the agenda as presented. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. V. NEW BUSINESS NB-1 MINUTES GRANT AND LOAN COMMITTEE MEETING OF NOVEMBER 15, 2016 Adopt the minutes of the Grant and Loan Committee meeting of November 15, 2016. (Motion) Mr. McGinty introduced a motion to adopt the minutes of the Grant and Loan Committee meeting of November 15, 2016, as presented. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. NB-2 DATE CHANGE GRANT AND LOAN COMMITTEE DECEMBER 2017 MEETING Approve rescheduling the Grant and Loan Committee meeting of December 26, 2017 to December 19, 2017. (Motion) Mr. McGinty introduced a motion to approve rescheduling the Grant and Loan Committee meeting of December 26, 2017 to December 19, 2017. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. NB-3 REQUEST FOR A GRANT PURSUANT TO DOWNTOWN RESIDENTIAL DEVELOPMENT GRANT PROGRAM 130 COPPER STREET AKTO LLC Adopt staff's findings and recommend conditional approval of a Downtown Residential Development Grant Program award to AKTO LLC, in an amount not to exceed $80,000.00. Anthony Molloy, Downtown Redevelopment Manager, read a summary of the proposed item and noted that under Item 8 “nine months” should be changed to “18 months”. Redevelopment Agency Loan Committee Page 3 of 4 December 20, 2016 – Minutes A discussion ensued regarding the potential return on investment as well as the economic impact of the project. A discussion also ensued regarding the availability of services as well as the property being a rental property. (Motion) Mr. McGinty introduced a motion to adopt staff's findings and recommend conditional approval of a Downtown Residential Development Grant Program award to AKTO LLC, in an amount not to exceed $80,000.00. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. NB-4 REQUEST FOR RESIDENTIAL IMPROVEMENT PROGRAM GRANT FOR 1634 KEENA DRIVE (EASTSIDE) JULIAN CORREA AND FABIOLA N. CORREA Adopt staff's findings and approve a Residential Improvement Program grant to Julian Correa and Fabiola N. Correa for 1634 Keena Drive, in an amount not to exceed $1,402.50, subject to conditions. Mr. Molloy read a summary of the proposed items and stated staff recommends approval. A discussion ensued regarding the bid for painting that was obtained by the applicant. (Motion) Mr. Hobaica introduced a motion to adopt staff's findings and approve a Residential Improvement Program grant to Julian Correa and Fabiola N. Correa for 1634 Keena Drive, in an amount not to exceed $1,402.50, subject to conditions. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. NB-5 REQUEST FOR RESIDENTIAL IMPROVEMENT GRANT PROGRAM AWARD 483 HAZEL STREET (DOWNTOWN) ANNE SMITH Adopt staff's findings and approve a Residential Improvement Program grant to Anne Smith for 483 Hazel Street, in an amount not to exceed $1,500.00, subject to conditions. Mr. Molloy read a summary of the proposed item and stated staff recommends approval. Redevelopment Agency Loan Committee Page 4 of 4 December 20, 2016 – Minutes (Motion) Mr. Borsellino introduced a motion to adopt staff's findings and approve a Residential Improvement Program grant to Anne Smith for 483 Hazel Street, in an amount not to exceed $1,500.00, subject to conditions. The vote favoring approval was unanimous. Chairman Serfas declared the motion carried. VI. CHAIRMAN\MEMBER COMMENTS Mr. Hobaica commented that the City Attorney’s office is working on replacing the Redevelopment Manager’s seat on this Board with someone from the Community Development and Services Department. VII. SET NEXT MEETING The next meeting was set for January 24, 2017, at 3:30 p.m. VIII. PUBLIC COMMENT There were no public comments presented. IX. ADJOURNMENT There being no further business to be discussed, the meeting was adjourned at 3:58 p.m. Respectfully submitted, ___________________________ April Parra, Council and Commission Services Reporter