District 6 Advisory Board

District VI Advisory Board Minutes www.wichita.gov Monday Evergreen Park & Recreation Center November 16, 2016 2700 N. Woodland, Wichita, KS 67204 6:30 PM South side Clubroom The District VI Advisory Board meeting was held at 6:30 p.m. at the Evergreen Park & Recreation Center South side Room 2700 N. Woodland, Wichita, KS 67204. There were eight District Advisory Board members and three staff members in attendance. Members Present Staff Present Cindy Claycomb Brandon Findley, City Manager Fellow Scott Dunakey Scot Rigby, Assistant City Manager Carmen Gard Mark Elder, Office of Urban Development Joel Weihe Josef Hamilton Deborah Sanders Denise O’Leary-Siemer Gregory Boyajian Guests Members Absent Listed on last page James Deckard Steve Mason Linda Matney Ethan Manlove Call to Order Pro Tem, Scott Dunakey, called the meeting to order. Approval of Minutes The minutes for October 19, 2016 were approved. Motion passed (7 -0) Public Agenda Scheduled Items: None Off-Agenda Items: None New Business Proposed STAR Bond District Boundary Expansion Mark Elder and Scot Rigby Scot Rigby- Some recent economic development projects include:  The completion of the Advanced Learning Library in the spring of 2018  The Development of the 7acre Delano Catalyst Site. This development of this site will be awarded to one of two finalists. These finalists are EPC Real Estate Group and Delano Partners. The winning finalist will be announced in mid-December. STAR Bond District Expansion STAR – Sales Tax Revenue Bonds  Encourage tourism in the City of Wichita  Used to pay for infrastructure, sports facilities, cultural attractions  November 16, 2016  No increase in tax, capture net incremental increase  Able to keep sales taxes from increases collected in the City of Wichita as opposed to them leaving the city  May be used to Improve Lawrence Dumont Stadium  May be used to improve the Arkansas River bank  Public hearing Dec. 6th  Project plan consideration December 20th Questions: Tonight we are to receive and file, we are not making recommendations. - S.R.A (Scot Rigby Answered). We can take feedback though of course.  Gregory asked if there were comments from the Church located on that property. –SRA- Not so far, at least not to be directly. We are not sure what might happen with the church, if things go along perfectly they may remain and if not they may decide to do something different.  Cindy asked if the plan was going west of Sycamore. SRA- Actually we are just going east of Sycamore where there is largely unutilized space.  Cindy Claycomb asked - Will there be renovations to Lawrence Dumont or if there will be a total replacement to the stadium? – Scot Rigby – Stadiums are expensive, I’ve been involved with new stadiums and renovations, they both have merit, sometimes it is easier to build new, it may be more costly up front but may be better. Renovations may be better but you have to get in there and decide sometimes it works out better and sometimes it is more work than rebuilding. We won’t know until we study it further. We are open ended.  Are you planning on building a parking garage? SRA- There is a lot of asphalt, there are different opinions on asphalt. There will still be a need for parking, so perhaps instead of doing all surface lots, there may also be a parking garage of some sort to free up space for commercial development.  Will you be building restaurants too? SRA- Perhaps. We are going develop the base areas and to leave some of the development up to the private sector and see what the commercial world determines.  How many seats are needed to be a competitive AA club? SRA- Chicago Cubs have 15,000 seats, the Oakland A’s have 6,000 seats, but its 5-7000 at most or 4-6000 for a more intimate setting. We really don’t know what we would build at this point.  Denise – Are there any objections to this expansion? SRA- We were at the Delano neighborhood meeting last night and we were pleasantly surprised that there wasn’t much in the way of objection to the expansion. There was interest in more interest in the details of the design elements. They liked the idea of the City being able to keep the additional revenue generated by the STAR Bond area as opposed to sending those dollars to Topeka.  Is there a particular goal for the financials? –SRA- We are still exploring that. One thing that needs to be done for a STAR Bond District is to perform a feasibility study to determine what is currently generated in the area and what could be generated after expansion. The base needs to be calculated, for instance if we are currently generating $1 in sales tax and an expansion would cause us to capture $1.50 in sales tax, we would then get to keep that additional .50 cents.  Cindy Claycomb asked: When do you set the base? If the City Council approves the expansion plan it will then go to the Department of Commerce. The Department of Commerce will then evaluate the plan and determine if they approve it or not. If that’s the case they will set the base according to the date of approval. Mark Elder then added: The bottom line is the base will be set by the State, and they will likely set the base according to the time at which the expansion was evaluated.  Lonnie Wright asked if Lawrence Dumont will have to pay property tax. SRA- since Lawrence Dumont is a publicly owned building it will not have to pay property tax, however if there is a team in there generated revenue of sales they will have to pay a sales tax.  Lonnie Wright asked: If private business moves in will they have to pay property tax? SRA- Yes they would have to pay property tax.  Lonnie Wright asked: So TIF is a property tax and STAR is a sales tax? –SRA- Yes STAR is a sales tax.  Scott asked: So the added area does not add to the original TIF district then correct? SRA- This is just the STAR bond district we are referring to.  November 16, 2016  L.C asked: So this will all be paid for by STAR bonds then? SRA- Ideally yes this will all be paid for by STAR bonds. However the Council could say that thy would like to seek more funding by the State, or if there were additional things that the Council would like to do in conjunction with the development being done through STAR bond funding that wasn’t covered by the STAR bond, they could then provide or seek funding from other sources.  Greg asked: So this is being done in an effort to create opportunity for growth for local businesses? SGA- Yes, really what we are hoping to do through these improvements is to create an environment that is attractive to new development.  One building of the Delano Catalyst site was to be single family apartments and the other building was to be what? SRA- Both developers are proposing commercial development on the other side of the site. It just depends on who- which group wins the development.  Denise: my concern is that one side was to be retail but if there is a perceived lack of money to be made it will solely be apartments. SRA- In these contracts we have claw back agreements. If you say you are going to do it and you don’t, we can take that property back. Deborah mentioned the enchilada sales and seed sales at the La Familia Center. Meeting was adjourned. ****Action Taken: Receive and File BOARD AGENDA Issues of Concern None Neighborhood Reports None UPDATES The next DAB VI meeting will be held on December 5, 2016 at 6:30 p.m. at Evergreen Park & Recreation Center (2700 N. Woodland). ADJOURN Guests Lonnie Wright Respectfully Submitted, Brandon Findley, City Manager Fellow