Community Development Authority (CDA)

AGENDA CITY OF WAUPUN CDA COMMITTEE MEETING Waupun City Hall – 201 E. Main Street, Waupun WI Tuesday, July 16, 2024 at 7:45 AM The Waupun Community Development Authority will meet In-person, virtual, and teleconference. Instructions to join the meeting are provided below: VIRTUAL LINK: https://us02web.zoom.us/j/86945781751?pwd=WjJwcW9yV2hKT0FNdzRER0N1NGRvdz09 MEETING ID: 869 4578 1751 PASSCODE: 497340 Phone: 312 626 6799 US (Chicago) CALL TO ORDER ROLL CALL CONSIDER APPROVAL OF AGENDA APPROVE CONSENT AGENDA 1. Minutes from May 21, 2024 CDA Meeting 2. Approve May and June of 2024 Financials for the CDA CONSIDERATION - ACTION 3. Consider Application for 23 S Madison Street (Green Collar Grooming) 4. Consider Application for 11 N Madison Street (The Graceful Nest by Lavender Valley Designs, LLC) DISCUSSION 5. City Administrator Update ADJOURNMENT Upon reasonable notice, efforts will be made to accommodate disabled individuals through appropriate aids and services. For additional information, contact the City Clerk at 920-324-7915.  MINUTES CITY OF WAUPUN CDA COMMITTEE MEETING Waupun City Hall – 201 E. Main Street, Waupun WI Tuesday, May 21, 2024 at 7:45 AM Meeting called to order by Chairperson Mayor Bishop at 7:45 a.m. Roll call was taken. Members present include: Mayor, Rohn Bishop; Bobbi Jo Kunz; Sue Vandeberg; Cassandra Verhage (online); Derek Drews; Steve Daute; and Gary DeJager. Also present, Administrator Schlieve, Assistant Administrator Langenfeld, Lauren Tillema, Janelle Kartechner, and Jason Whitford (online). Motion DeJager, second Kunz to update the agenda as presented to include selection of day and time of meeting as agenda item number four. Carried unanimously. Motion DeJager, second Drews to appoint Sue Vandeberg as Vice-Chairperson of the committee. Carried unanimously. Meeting day and time will remain unchanged with the group meeting the third Tuesday of each month at 7:45 a.m. Motion DeJager, second VerHage. Carried unanimously. Motion Vandeberg, second VerHage to approve minutes as presented for March 19, 2024 CDA Meeting. Carried unanimously. Motion DeJager, second Kunz to approve CDA financials from March and April 2024 as presented. Carried unanimously. Administrator Schlieve notes that there is one outstanding application that has been previously approved by the Common Council for Ravenvale, LLC for redevelopment of 432 and 434 E Main Street. Schlieve notes that at the time of approval, there were several critical issues with the building that, if not addressed, would have lead to ongoing and significant deterioration of the buildings. Schlieve recommends adoption of a grant for $5,000 for 432 E Main and $5,000 for 434 E Main Street into the current financials as previously authorized by the Common Council. Motion Vandeberg, second VerHage to approve the addition of grants totaling $10,000 for the two properties as presented. Carried unanimously. Lauren Tillema and Janelle Kartechner are present to overview their project and application for 417 E Main Street. The back portion of the building needs to be restored. Bricks are loose and falling from the structure and it is not financially viable to restore the brick at this point in time. The group proposes a board and batten design that fits with their overall brand and will complement the nearby food truck plaza currently under construction. Motion DeJager, second Vandeberg to approve a matching grant capped at $5,000 for the project. Carried unanimously. Administrator Schlieve provides an update on the following items:  Roughly 35 businesses participated in the Design WI Kickstart meeting. Pete and Dan Siebers were in attendance at the event. Engagement was strong and there are three general projects that emerged from that discussion as follows. 1. Back alleyway parking and design (We’ve already started fact finding to assess needs and this will be included as a TID funded capital improvement project in 2025 and 2026 budgets) 2. Downtown Beautification (there is a group that is ready to meet to continue advancing beautification efforts – this will be tied to BID project plan)  3. Communications / Promotion (BID and Downtown Promotions have provided funds and are hiring a student intern to help with promotion and event coordination. I interviewed and selected the student for the role and we will process payroll as a BID expense.)  The Common Council recently votes to authorize sale of the current Senior Center building located at 301 E Main Street. RFP details can be found on the city’s website.  Fire staffing study was presented to the council and neighboring town chairs. The council will next discuss the matter on Tuesday, May 28.  Derek Drews and Casey Langenfeld provided an update on the revolving loan fund project being considered as a future financing option for CDA projects. The main concern cited at this point is the risk associated with securing these types of loans. Schlieve notes that RLFs typically exist because they are designed for gap financing purposes and therefore are riskier by nature as the banks will hold primary position on a project.  Food truck alley is well underway with final construction schedule pending a meeting with the selected contractor. Additional installation of a mural, string lights/lighting, landscaping and a possible digital kiosk are being evaluated and considered in the total budget.  The BID still has one remaining business attraction grant for 2024 and staff are working with a possible interested property owner to explore promotion opportunities to fill vacant spaces.  Five new sculpture exhibits are being installed this week and a ribbon cutting for the Waupun Sculpture tour is being planned for June 1. Details are forthcoming. Next meeting is planned from Tuesday, June 18, 2024 at 7:45 a.m. at Waupun City Hall, Common Council Chambers. Motion Kunz, second Daute to adjourn the meeting at 8:06 a.m. Carried unanimously.  CDA Financial Statement For the Month Ending: 5/31/2024 BUDGET Funds Disbursement REVENUE $ 251,642 REINVESTMENT ACTIVITY Date AMOUNT FOOD TRUCK ALLEY MATCHING FUNDS $ 70,000 FOOD TRUCK ALLEY Feb/24 - May/24 $ (26,619) EXPENSE Budget Amt YTD Actual Balance WAGES $ 14,958 $ (5,725) $ 9,233 $ 43,381 PROFESSIONAL SERVICES/AUDIT FEES $ 3,000 $ (933) $ 2,067 Funds Disbursement DEBT PAYMENTS $ 33,000 $ - $ 33,000 GRANTS APPROVED Date $ 110,000 PAYOUT FOR 2024 PROJECTS $ 10,000 $ (55,039) $ (45,039) BROKEN THREADS 2023 1/24/2024 $ 5,000 TARGETED REINVESTMENT $ 100,000 $ 100,000 STATE FARM 2023 12/20/2023 $ 5,000 FOOD TRUCK ALLEY MATCHING $ 70,000 $ (26,619) $ 43,381 MADELINE CLOTHING 2024 3/31/2024 $ 589 FAÇADE IMPROVEMENT PROJECTS $ 100,000 $ - $ 100,000 WAUPUN GYMNASTICS CLUB $ 4,365 TOTAL EXPENSE $ 330,958 $ (88,316) $ 242,642 RAVENVALE, INC 434 E MAIN 5/22/2024 $ 5,000 RAVENVALE, INC 432 MAIN 5/22/2024 $ 5,000 STONE & SUEDE $ 5,000 AVAILABLE PROJECT FUNDS AVAILABLE IMPROVEMENT PROJECT FUNDS $ 80,046 IMPROVEMENT PROJECTS $ 80,046 Funds Disbursement TARGETED INVESTMENTS $ - GRANTS - TARGETED INVESTMENTS Date $ 139,300 CARRYOVER FUNDS PRIOR YEAR(S) $ 77,777 GYSBER'S JEWELRY 2023 5/13/2024 $ 39,300 REINVESTMENT PROJECTS $ 43,381 BREWERY 2023 $ 100,000 $ 201,204 AVAILABLE TARGETED IMPROVEMENT PROJECT FUNDS $ - Funds Disbursement GRANTS - CARRYOVER FUNDS Date $ 77,777 AVAILABLE IMPROVEMENT PROJECT FUNDS $ 77,777  CDA Financial Statement For the Month Ending: 6/30/2024 BUDGET Funds Disbursement REVENUE $ 251,642 REINVESTMENT ACTIVITY Date AMOUNT FOOD TRUCK ALLEY MATCHING FUNDS $ 70,000 FOOD TRUCK ALLEY Feb/24 - May/24 $ (33,604) EXPENSE Budget Amt YTD Actual Balance WAGES $ 14,958 $ (7,126) $ 7,832 $ 36,396 PROFESSIONAL SERVICES/AUDIT FEES $ 3,000 $ (933) $ 2,067 Funds Disbursement DEBT PAYMENTS $ 33,000 $ - $ 33,000 GRANTS APPROVED Date $ 110,000 PAYOUT FOR 2024 PROJECTS $ 10,000 $ (55,039) $ (45,039) BROKEN THREADS 2023 1/24/2024 $ 5,000 TARGETED REINVESTMENT $ 100,000 $ 100,000 STATE FARM 2023 12/20/2023 $ 5,000 FOOD TRUCK ALLEY MATCHING $ 70,000 $ (33,604) $ 36,396 MADELINE CLOTHING 2024 3/31/2024 $ 589 FAÇADE IMPROVEMENT PROJECTS $ 100,000 $ - $ 100,000 WAUPUN GYMNASTICS CLUB $ 4,365 TOTAL EXPENSE $ 330,958 $ (96,702) $ 234,256 RAVENVALE, INC 434 E MAIN 5/22/2024 $ 5,000 RAVENVALE, INC 432 MAIN 5/22/2024 $ 5,000 STONE & SUEDE $ 5,000 AVAILABLE PROJECT FUNDS AVAILABLE IMPROVEMENT PROJECT FUNDS $ 80,046 IMPROVEMENT PROJECTS $ 80,046 TARGETED INVESTMENTS $ - GRANTS - TARGETED INVESTMENTS Funds Disbursement Date $ 139,300 CARRYOVER FUNDS PRIOR YEAR(S) $ 77,777 GYSBER'S JEWELRY 2023 5/13/2024 $ 39,300 REINVESTMENT PROJECTS $ 36,396 BREWERY 2023 $ 100,000 $ 194,219 AVAILABLE TARGETED IMPROVEMENT PROJECT FUNDS $ - Funds Disbursement GRANTS - CARRYOVER FUNDS Date $ 77,777 AVAILABLE IMPROVEMENT PROJECT FUNDS $ 77,777