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HomeMy WebLinkAboutDowntown Development Authority - Minutes - 07/16/2020DOWNTOWN DEVELOPMENT AUTHORITY Regular Directors' Meeting MINUTES of July 16, 2020 The Board of Directors of the Downtown Development Authority met in an Online Session at 7:30 a.m. on Thursday, July 16, 2020 PRESENT Chris Aronson; Jenny Bramhall (Arrived 7:45am); Susan Gutowsky (Arrived 7:45am); Dwight Hall; John Kefalas (Departed 9:00am); Angel Kwiatkowski (Arrived 7:45am); Bevin Parker; Jenny Schultz; Mark Williams (Departed 8:57am); Cheryl Zimlich (Departed 9:28am) ABSENT Rebecca Hill STAFF Matt Robenalt, Executive Director; Todd Dangerfield, Project Manager; Tom Dent, Technology & Maintenance Manager; Derek Getto, Project Manager for Policy & Programs; Cody Johnson, ; Kristy Klenk, Financial Coordinator; Vanessa Kroeger, Bonnie Ward, Administrative Manager; Josh Liley, Legal Counsel GUESTS Kristin Fritz, Housing Catalyst; Chad Holtzinger, Shopworks Architecture; Keith Meyer, Ditesco; Diane Jones; Cara Scohy, Norris Design; Kelsey Peterson, Ditesco CALL TO ORDER Jenny Schultz called the meeting to order at 7:30 a.m. APPROVAL OF MINUTES Chris Aronson moved to approve the minutes of June 11, 2020; seconded by Cheryl Zimlich, the minutes were approved unanimously. ALL IDEAS: BIG AND SMALL N/A UPDATES Board members did not have any questions regarding the monthly Updates. CONSENT AGENDA a. COVID-19 RELATED EXPENSE REALLOCATION Susan Gutowsky, Council Liaison 970-416-2447 John Kefalas, County Commission Liaison 970-498-7001 Jenny Schultz, Board Chair 970-660-9028 Moved by Cheryl Zimlich, seconded by Dwight Hall: To approve of the use of reallocated funds to offset the 2020 utilities cost and other expenses at the DDA-owned Backstage Cooperative Warehouse located at 720 Vine Drive. b. RESOLUTION 2020—04 OF THE BOARD OF DIRECTORS OF THE FORT COLLINS DDA REGARDING APPROVAL AND ADOPTION OF A 457(b) DEFERRED COMPENSATION PLAN AND AGREEMENTS RELATED THERETO Moved by Cheryl Zimlich, seconded by Dwight Hall: To approve Resolution 2020-04 of the Board of Directors of the Fort Collins, Colorado, Downtown Development Authority Regarding Approval and Adoption of a 457(b) Deferred Compensation Plan and Agreements Related Thereto. 140 E. OAK ARCHITECTURE DESIGN APPROVAL Matt Robenalt presented an overview of the high-level changes that have occurred in the project design since the July Board Meeting. David and Trisha Diehl, owners of 143 Remington St, have committed to selling their building to Housing Catalyst so the property can be incorporated in the overall affordable housing project... The underlying land from 143 Remington will be deeded to the DDA. This new acquisition of this property will allow for additional parking on the second story deck. In exchange of Housing Catalyst purchasing the property, they will own one of the commercial ground floor spaces instead of the DDA owning both. Kristin Fritz shared the overall design plans than now include the Diehl’s property. The building went from six-stories to five-stories in height, which allowed for the elimination of the firewall previously required at the northeast corner. Parking will remain on the second floor and living units will increase from 78 units in a 6-story building to 79 units in a five-story building. Chad Holtzinger presented revised architectural plans with the Diehl’s property included. The Board asked for the design team to revisit the blank space on the northeast corner of the project. Mr. Holtzinger suggested that some responses to the request could incorporate a mural or artistic feature, or include elements such as additional windows or brick coursing accent Mr. Holtzinger and Ms. Fritz addressed questions and advice from the Board regarding local business impacts with construction, commercial space layout, efficiency of the building and its architecture, trash and recycling shoots, handicap accessibility, post-COVID communal space and other items in reference to the project and its design. 5% of the units will be Type A accessible units. Ms. Fitz provided a financial overview of the project. Mr. Robenalt thanked Chad and Kristin for their high level of communication, openness and partnership that helped open the door to integrate this project into downtown in such a successful manner. Moved by Mark Williams, seconded by Jenny Bramhall: To approve the project design team on the revisions and development of the architecture plans and approval pursuant to the Intergovernmental Agreement with Housing Catalyst. CONSIDERATION OF WARRANTY DEED FOR 140 E. OAK STREET AND IGA ADDENDUM RELATED TO LONG TERM GROUND LEASE TO HOUSING CATALYST PARTNERSHIP FOR 140 E. OAK STREET REDEVELOPMENT Mr. Robenalt and legal counsel, Josh Liley presented an overview of the warranty deed and the ground lease and its key terms to Housing Catalyst for 140 E. Oak. Legal Counsel will be preparing a Declaration of Covenants. Moved by Cheryl Zimlich, seconded by John Kefalas: To approve the warranty deed transferring 140 East Oak Street to FC DDA, LLC, and authorize the Board Chair to execute the deed. Moved by Bevin Parker, seconded by Susan Gutowsky: To approve the First addendum to the IGA, authorize the executive director and legal counsel to approve exhibit and make changes to the IGA and the Lease, provided they do not substantially alter the DDA's rights or obligations thereunder, and further authorize the board chair to execute the 1st addendum to the IGA and the Lease. LETTER OF SUPPORT TO COLORADO HOUSING FINANCE AUTHORITY (CHFA) FOR 140 E. OAK STREET LOW INCOME HOUSING TAX CREDIT APPLICATION Mr. Robenalt and Josh Liley, legal counsel presented a brief overview on the purpose of the Letter of Support to Colorado Housing Finance Authority (CHFA) for 140 E. Oak Street Low Income Housing Tax Credit Application. This is a customary practice for applicants to solicit letters of support. Housing Catalyst staff assisted DDA staff with the content of the letter to correspond with application criteria. Moved by Bevin Parker, seconded by Susan Gutowsky: To endorse the letter of support and to authorize the Board Chair and Executive Director to remit the letter of CHFA on behalf of Housing Catalyst’s LIHTC application. ALLEY ENHANCEMENT DESIGN REVIEW Todd Dangerfield provided an overview of the past and present conversations that are being had with businesses along the Tenney Court North alley project and shared the feedback from the Board subcommittee, Chris Aronson and Jenny Bramhall. Cara Scohy of Norris Design presented a brief analysis of current conditions in the alleys, and an explanation of the evolution and basis for the proposed designs. The design of Tenney Court North alley is based on the story of the Poudre Canyon and is proposed to have organic pavement patterns and a public focal point using focused lighting on pedestrian bridge connecting the businesses and the Civic Center garage. The Board comments and feedback on the Tenney Court North alley consisted of a request to avoid the literal use of an aspen tree leaf design at the North entry design, ideas for the trash enclosure location discussion, wayfinding signs when exiting the Civic Center Parking Structure or alley on the North end towards Old Town Square. Ms. Scohy provided an additional brief analysis of the W. Oak Street Alley and its concept plan. Mr. Dangerfield expressed that his conversations with businesses owners including Ace Hardware have been productive. The alleyway design concept incorporates the art deco style of the 1930s and 1940s, an era when the Armstrong Hotel was owned by local personality, Ace Gillette, with gestures in the proposed paver layout and enhanced alley entrances. OTHER BUSINESS N/A ADJOURN There being no further business the meeting adjourned at 10:10 a.m. ______________________________________ Cheryl Zimlich, Secretary