Economic Development Authority

City of Petersburg Economic Development Authority Meeting Regular Meeting AGENDA April 15, 2021 5:00 p.m. Virtual Meeting Join Zoom Meeting https://zoom.us/j/96507866720?pwd=VWhmSHdpMTJSVGUwZzE1TThaM0hOdz09 Meeting ID: 965 0786 6720 One tap mobile +13126266799,,96507866720#,,,,,,0#,,738053# US (Chicago) +19292056099,,96507866720#,,,,,,0#,,738053# US (New York) Dial by your location +1 312 626 6799 US (Chicago) +1 929 205 6099 US (New York) +1 301 715 8592 US (Washington D.C) +1 346 248 7799 US (Houston) +1 669 900 6833 US (San Jose) +1 253 215 8782 US (Tacoma) Meeting ID: 965 0786 6720 1. Call to order – Mr. Samuel Rhue, Chairman 2. Roll call of members 3. Determination of the Presence of a Quorum 4. Reports/responses to previous public information period 5. Moment of Silence 6. Approval of the Minutes- March 18, 2021 7. Financial Report- Mr. Richard, Taylor Secretary /Treasurer 8. Report from the Chairman- Mr. Samuel Rhue 9. New Business- a. Crater Planning District Commission- Alec Brebner, AICP - Executive Director b. City of Petersburg Website Training - Folakemi Osoba, Public Information Officer- City of Petersburg c. Background on 130 Pocahontas St- Jeremy Tennant, Assistant to the City Manager 10. Old Business- a. Economic Development Report: Jeremy Tennant, Assistant to the City Manager 11. Business or reports from the Vice Chairman or other members of the EDA Board 12. Public Comments 13. Announcements- a. Next meeting date- April 22, 2021 at 5:00pm (Executive Session) b. May Meeting date – May 20, 2011 at 5:00pm 14. Adjournment Roper Property 119, 130 POCAHONTAS STREET Property Stats Property Owner: City of Petersburg Economic Development Authority Property Address: 119, 130 Pocahontas Street Legal Description: 23.458 & Parcel A Parcel #: 007070009 Acreage: 23.458 Subdivision: Pocahontas National Historic District: Old Towne Enterprise Zone: Yes Opportunity Zone: 51730811300 Census Tract: 8101 Valuation as of 1/1/2020: $2,349,500 The Roper Property was Roper Property Site the home of the former Roper Brothers Lumber Facility which was incorporated on April 1909 and closed a century later on December 11, 2009 due to the slump in the housing market and the recession that soon followed. The City’s EDA purchased the property in 2011 for roughly $2.5 million after the company closed its doors and filed for Chapter 11 Bankruptcy. The Roper property occupies a large part of Pocahontas Island and also is noted as one of the largest properties in the Petersburg real estate portfolio. Currently the structure marked ‘L’ is being utilized as storage for a municipal department. The structure marked ‘J’ is damaged and will require demolition. The structural integrity of the other structures have not been confirmed at the time of this report. Roper Property 119, 130 POCAHONTAS STREET Comprehensive Plan The current (2014) Comprehensive Plan identifies the identified area as the Pocahontas Island Development District. The 2014 Comprehensive Plan does not specifically designate potential desired or planned use within the District on the future land use map (FLUM). Zoning The property is zoned M-1 Light Industrial District. Permitted uses include any uses permitted in the B-2 General Commercial District, except for dwellings, hospitals, institutions, or other buildings used for permanent or temporary housing of persons. Other permitted uses include the following that do not create any more offensive noise, vibration, dust, heat, smoke, odor, glare or other objectionable influences than the minimum amount normally resulting from other uses permitted; such permitted uses being generally wholesale and retail trade, service industries, light industries that manufacture, process, store and distribute goods and materials and are, in general, dependent on raw materials refined elsewhere, and manufacture, compounding, processing, packaging or treatment, as specified, of the following products or similar products. City Right of Way The current ROW within Pocahontas neighborhood is composed of asphalt. The proposed ROW will be 24’ wide and constructed with asphalt. The proposed ROW easement will require approval from the City Council. A developer agreement may also be considered since the easement will be transferred to the City. Floodplain The proposed ROW easement resides within the floodplain hazard areas of Zone AE and Zone X (see firmette). AE flood zones are areas that present a 1% annual chance of flooding. AE zones indicate areas Roper Property 119, 130 POCAHONTAS STREET at high risk for flooding. X flood zones are areas that are outside of the Special Flood Hazard Area. These areas could have a flood risk; however, are within the low and moderate risk flood zones. Photos of Site Roper Property 119, 130 POCAHONTAS STREET Roper Property 119, 130 POCAHONTAS STREET Bike Rack and Public Trash Receptacle Billboards along I-95 Roper Property 119, 130 POCAHONTAS STREET Grade Changes – Topographic Maps SCWWA First Draft Roper Property 119, 130 POCAHONTAS STREET SCWWA Second Draft Mr. Stewart’s Route Proposal Roper Property 119, 130 POCAHONTAS STREET Roper Property 119, 130 POCAHONTAS STREET Roper Property 119, 130 POCAHONTAS STREET References: • https://www.progress-index.com/news/20170731/city-may-have-buyer-for-roper-property • https://www.progress-index.com/news/20170801/effort-to-sell-pocahontas-island-parcel- postponed • https://wilder.vcu.edu/media/wilder/murp-studio- plans/ursp762/pdfs/s14/S14_JGriffiths_Pocahontas_Island.pdf • https://www.teamestes.com/petersburg-based-roper-brothers-lumber-company-is-closing- at-the-end-of-today-according-to-several-sources/