Minutes; Redevelopment Authority: Sept 16, 2008

Evansville Redevelopment Authority
Board of Commissioners

Regular Meeting
Tuesday, September 16, 2008, 7:30 pm
City Hall, 31 S. Madison Street, Evansville, Wisconsin

MINUTES

I. Call to Order. The meeting was called to order at 7:30 pm by Chair John Decker. Present: John Decker, Betsy Ahner, Tony Wyse, Barb Jacobson, Tom Calley, Roger Roth and Chris Eager. Also present: Executive Director Dan Wietecha, Mayor Sandy Decker, and Matthias James.

II. Quorum. There being a majority of the commissioners present at call to order, a quorum was declared.

III. Agenda. Jacobson made a motion, seconded by Wyse, to approve the agenda. Motion approved unanimously.

IV. Minutes. Wyse made a motion, seconded by Calley, to approve the August 19 minutes as presented. Motion approved unanimously.

V. Old Business:
a. TID #5 Project Plan. Wietecha distributed a memo reviewing the Project Plan and accomplishments to-date. The last remaining infrastructure project is the reconstruction of the bridge on East Main Street. The project still has capacity for development assistance; however, when it was created, the thought was that some of the assistance would be provided under a pay-as-you-go arrangement.

b. Advertising TID #5. The Board wanted to reflect on the Project Plan and consider a strategy of approaching high-priority properties rather than advertising to all properties.

c. Transit Oriented Development. No new report.

d. 137 East Main Street. Wietecha explained that the $147,000 project estimate included the purchase of the property. Since tax increment financing (TIF) is based on improvements, which are closer to $80,000, the assistance should be less than the application request. It appears the building is within the floodfringe of Allen Creek; pending any survey work, it appears the building may need to be elevated. Eager made a motion, seconded by Jacobson, to provide a TIF grant for 20% of the improvement costs plus up to $8,000 to elevate the building, subject to execution of a development agreement. Motion approved unanimously.

e. Used Car Lot. Tim Meredith and Rick Francois are considering two possible locations for a used car lot, one being within TID #5. Eager made a motion, seconded by Wyse, to recommend to Plan Commission that if the Union Street site is approved then the Master Plan design guidelines must be met and the size or value of the building should be maximized to benefit TID #5.

f. Former Bauer Haus Property. The Board indicated that the weeds need to be cut, not just sprayed.

VI. New Business. Nothing on the agenda.

VII. Suggestions for Future Agenda. No new items.

VIII. Adjournment. With no further business, Eager made a motion, seconded by Jacobson, to adjourn at 9:05 pm. Motion passed unanimously.