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HomeMy WebLinkAboutDowntown Development Authority - Minutes - 04/04/1996ddaDOVNTOWN DEVELOPMENT AUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 Telefox (303) 484-2069 ,P-•-vre- -t_ DOWNTOWN DEVELOPHWIT AUTHORITY Regular Directors' Meeting The Board of Directors of the Downtown Development Authority met in regular session at 7:30 a.m., April 4, 1996 in the conference room at 201 South College Avenue, One West Contemporary Art Center. PRESENT There were present: Stephen Slezak, Chair presiding Bonnie Bixler Szidon, Vice Chair Mary Brayton, Secretary Carey Hewitt, Treasurer Rick Goodale Jason Meadors Greg Belcher Chuck Wanner Staff: Chip Steiner, Consultant Anne Garrison Bud Frick, LPC Liaison Absent: Kermit Allard Lucia Liley, Counsel Guests: Dick Schaffer, Tom Frazier, Bob Noe, Ed Stoner, Roslyn Lang - Peg's Internet Cafe, Jeremy Shaver CALL TO ORDER Mr. Slezak called the meeting to order, and entertained a motion to approve the minutes of March 7, 1996. Mr. Goodale moved to approve the minutes as written, seconded by Mr. Meadors and the motion carried unanimously. BUSINESS Mr. Steiner reported on the findings of the special INPROVENEXT committee and its recommendation to create a Business DISTRICT Improvement District (BID). The purpose of the committee has • 0 DDA MINUTES PAGE 2 been to determine whether DDA should pursue creating this entity, and in so doing to define its role. The functions of a BID fall into three categories: • Maintenance • Capital Improvements • Management Mr. Steiner then took time to flesh out these functions. In light of the special committee's recommendation to proceed, the proposed course of action is to meet with the Downtown Business Association (DBA) Board to seek its endorsement, and to establish an expanded committee to promote the district, draft the implementation materials, circulate the petition and convey the proposal to the City Council. Mr. Steiner concluded that either he or Counsel would prepare a resolution. At this juncture, Mr. Meadors suggested that a petition be put in place with the public, and a resolution could then be written. Other comments offered were as follows: • BID can be governed by the DDA and the petition may state its preference for a governing body. • The time is opportune to reassess the DDA boundaries, encompassing as much of the river frontage as possible. • DDA's boundaries include almost no residential properties, in fact the demarcation line purposely circles them, thus they would not be assessed. • Approach the Downtown Business Association not only to seek its endorsement, but its active participation. • It was thought that if the petition emanates from the business community, it will engender greater political leverage. Affirming Mr. Goodale's motion, Mr. Meadors moved that an expanded committee be established to draft the implementation materials necessary to establish a BID; to promote the BID concept in the downtown business district and to circulate a petition for its formation; to seek participation of the Downtown Business Association, and if these efforts are successful, endorse the BID formation before City Council. This was seconded by Ms. Szidon and carried unanimously. PARKING Dick Schaffer accompanied by Tom Frazier and Bob Noe STUDY presented an overview of the Parking study to date. In consideration of the present parking situation, Mr. Schaffer used several visuals to explain that of 11,000 on and off street parking spaces, 3,300 of which are downtown, it is necessary to find a way to encourage employees to use the long term areas, leaving the close in parking for the convenience of customers. He shared that approximately eight garages are being considered, conceptually, how to Implement these, the costs involved etc., are all factors being studied by Coley/Forrest, Inc. USA MINUTES PAGE 3 The schematic was color coded to show many areas are already at capacity. The study will be finalized by the and of May and Mr. Schaffer would like to return to the DDA to elicit its comments on the final phase, prior to the study's presentation to City Council in June. OLD TOWN DINER The Board was apprised of the status of this property currently leased by Serafim (Jim) Sofias. The Lease Option Agreement will expire in September 1996 and to date, monthly payments and insurance are current. PEG'S INTERNET Mr. Slezak excused himself from this portion of the meeting CAFE due to a possible conflict of interest. 223 South Howes is a large house situated directly behind the Key Bank drive through. Rosalind Lang, representing this new business was present. Improvements to the structure are valued at $80,000 and the DDA is being asked to participate in the amount of $1,000 to $1,200 to recast a curb cut. The business will comprise a cafe on the main floor and a computer facility on the second floor. The originality of the facade will be retained as far as possible, with perhaps the addition of a canopy. It is hoped to open for business in July. At this point, Me. Brayton moved to commit $1,000 for curb cut improvements, this was seconded by Ms. Szidon and the motion carried unanimously. OTHER BUSINESS Advanced Cleaning Concepts has been retained to clean the plaza and the inside of Old Town Square. This service will be performed seven days a week, so a great improvement is expected. CIVIC CENTER Mr. Steiner can no longer serve as DDA representative at the PROJECT Civic Center project meetings as a result of his selection MEETINGS to one of the teams. In the interim, No. Szidon and Mr. Belcher have agreed to attend. JULY 4 MEETING The Board will not convene on the first Thursday of July since it falls on a national holiday, and has rescheduled for July 11, 1996. CDSG GRANT The CDBG grant request has been submitted for 1996. There will be a meeting to review these proposals on May 2, 1996 at the Lincoln Center. ADJOURN There being no further business the meeting was adjourned. Mary Brayton, Secretary 1 DOWNTOWN DEVELOPMENT AUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 Telefox (303) 484-2069 TO: DDA Board of Di ctors FROM: Chip Steiner DATE: June 2, 1996 RE: 200 Walnut Street Tom Livingston, on behalf of the Everitt Companies, is requesting an additional $10,000 in DDA participation for the redevelopment of the property at 200 Walnut Street. Earlier this year, the DDA committed $15,000 toward the acquisition of the building facade. The $10,000 currently being requested would be applied to right-of-way improvements. Attached to this memorandum is the request from Mr. Livingston, cost estimates for the ROW improvements, a concept site plan, the original memorandum to the board addressing the facade acquisition, and the minutes of that meeting. At this writing, the DDA has the funds available to participate in the ROW improvements. Of the total 1996 appropriation for capital projects, the Authority has an uncommitted balance of $54,000 remaining. Of the $36,000 that is committed, $10,000 is a "set - aside" precisely to cover the present request. The Authority has also received a positive recommendation from the Community Development Block Grant steering committee for a $90,000 grant. Should this be approved by City Council at its June 4 meeting, the DDA will have a total of $144,000 available. In January, when the Board of Directors first considered this item, its motion to approve $15,000 for the project included a clause indicating an additional $10,000 could be made available depending on the success by the developer in pursuing other sources of assistance. This comment was made in reference to the part of the discussion about State historic funds for the project. It is appropriate to know whether this, or any other, effort was made. The request for another $10,000 does not take the total DDA commitment beyond what it might normally make for a project of this scope. Assuming the developers invest $250,000 in taxable improvements, the Authority's participation would be 10 percent. As the Board discusses this issue, perhaps it should consider leveraging the improvement of the entire intersection by committing more funds than are being requested and approaching the City to complete the project. I COMMIES May 31, 1996 The Board of Directors Downtown Development Authority 201 S. College Avenue Fort Collins, CO 80524 On behalf of the Everitt Companies, I appreciate the opportunity to meet with the DDA Board on June 6, 1996. As you are aware, we have been working on the re -development of 200 Walnut Street known as the C.C. Forrester Block. We received a commitment from your Board of $15,000.00 of financial support for facade restoration at a meeting which took place earlier this year. We are very appreciative of your support and would like to discuss a change in our scope of work. With further evaluation of this project, it is apparent that the sidewalks and the public right-of-way are in need of repair. We began discussing this matter with employees of the City which included Joe Frank, Mike Powers and Clark Mapes of the Planning Department. In our discussions, we were reminded that the Walnut/LaPorte/College Avenue intersection was the "number one" priority of the general improvement district funding prior to the Linden Hotel re -development. Upon receiving the commitment for the re -development of the Linden Hotel, the DDA and the City agreed to re - prioritize and direct all monies available to the Linden Street project. As a result, I feel that our community has benefited from a more focused commitment of these funds. Ultimately, we feel that Walnut Street will be deserving of re -development to a level equal to the recent improvements made on Linden Street. Although, the timing is not right for a project of that magnitude and therefore, we have developed plans for a public right-of-way project that we feel will be immediately beneficial to our downtown. We have capitalized on the design and engineering that was completed for the Linden Street project and have duplicated the details of these improvements in a design for the comer of Walnut and Pine Streets. Although the finish would be similar to the Linden Street improvements, there has been a significant amount of value engineering to lower the costs of this project. Upon completion of the improvements, we feel the pedestrian connection from College Avenue Corridor to Old Town will be greatly enhanced. We also feel this project will provide a catalyst for other private public projects in the near future. Corporate P.O. Box 2125 Fort Collins, Colorado 80522 3000 South College Fort Collins, Colorado 80525 (970) 226-1500 (303) 623-6018 Denver Line FAX (970) 2234156 • 0 Board of Directors Downtown Development Authority May 31, 1996 Page 2 With the City being well aligned with this project, we would like to request $10,000.00 funding towards this improvement project from the Downtown Development Authority. This funding would be in addition to the storefront funding commitment previously made for $15,000.00. The Cityof Fort Collins will work with the "ice -tea fund" match and "GID" money to hopefully make up the balance of the project costs. Attached you will find two preliminary bids for the improvements as currently designed with a comparative cost analysis of the proposals resulting in a preliminary total project cost before contingencies of approximately $35,000.00. The City staff and Everitt Companies would appreciate your support. With your alignment, they are prepared to work on this as a priority project for presentation to Council in July. We appreciate their viewing this as an opportunity to continue improving the overall vitality of Lower Downtown Fort Collins. If you have any questions, please don't hesitate to call. Sincerely, To Livingston V' e President Project Director TL/mc Enclosures l]) SO' DIA. PI ART STONE CAST STCNE PLANTERS. Y m L Y Eli Y C ca GONG PAVMG. ExISTR TREE OTH METAL GRATE TYPICAL HATCHED. W WIDE CONCRETE BAND V LIGHT BROQ't FMISH. WSFORCE WING FISEFRMR+ . TYPICAL - SHL4N SHADED. SEATMG WALL (] TOTAL) (HATCH LADEN STREET DESIGN) Tl- HIGH C� SASE WITN SANDSTONE CAP. (BT OYNEW CONC. PAVMG. G • t Y U 0 m cc W H w m O PZ w w wm z m Z N Jo lZ0<0 o�$ m vT /�\00�o+ov /v 5 � �V o�QaQ�B U) Z Z Z 8 v_ 8888 co to 0 L6 co ai g 69. (�A `� m= N N CIS N CIS N ca N �a00000CM00co0: TT o ZZM CCO N<.Nm NIp Q, 0 a T O ,^ Y' T: Y J J w W F J w W m LLQ7 cn U W Z LU cnO0U o to Q ¢� w EDUwz z0cr-0� CC w Z mac C7LL0 w � OU �(1 ox oWW w�Ocln ctm 90 ad LL(rXaZ WW�WOJM w z>zcr( 5- W W -' 0 06 z�— Q o0- 000 d C3UcaUa c4 o m U mYcc Z U U w w~w w m W J H wacdw/��co 0 g¢aU�aw0 0 0 cr T U LLmQri) F HPf2-19-19yti 15:40 F" LJLA`� cwr.n 20 so. Sunset Skeet P.O.. Box tII $ Longmont, CO SON2 TO - ma QUOTATION 19702234156 P.01 • PAGE _1.., at .1 PAGES (303) 776,1456 Metro 444-MBO TO:�EVERITT COMPANILS DATE: APRIL 19, 1996 P.O. BOX 2125 JOB NAME:, C.C. FORESTER BLOCK FORT COLLINS, CQ, 80522 JOB NUMBER: 1 (970)226-1500._F X: L970)2'LJ-4156 LOCATION: WALNUTS FINE ATIN: TO VG�l TON FORT COLLINS _ e, 1 The following quotation, subject to terms and conditions, as noted, and on the reverse side, if accepted, shall constitute a contract beorpen the parties to this quotation: WE WILL FURNISH LABOR,MATERIALS AND EQUIPMENTTOCUMYLETE THE :FOLLOWING ITEMS OF iWORX: - DESCRIPTION QUANTITY UNIT TOTAL SAWCUT 6 REMOVE. EXISTING , CONCRETE SIDEWALK 6 SUBGRADE 1 LS 5,000.UU t),000.00 6^ SUNSET 'ROSE HANDICAP. RAMP BRICK PAVERS, W/STAND'S AGG. BASE IS- X 8^ CONCRETE BANDING/RIBBON CONCRETE S SANDSTONE 'SEAT WALLS TRAFFIC CONTROL.'BUBGET TO EE BILLED TIME S MATERIALS .CAST IRON TREE'GRATZ 350 SP 5.50 .1,925.00 850 Sp 9.50 8,075.00 250 SF 6.00 1,500.00 2 EA 1,400.00 2,800.00 1 EA 4,009.00 4,000.00 1 EA 800.00 800.00 TOTAL $,24,100.00 ••TRAFFIC CONTROL TO'BE BILLED TIME S MATERIAL AND NOT TO EXCEED $4,.000.00. FIELD MEASUREMENTS TO DETERMINE FINAL QUANTITIES. IF REQUIRED, ADD 1% FOR BOND. GRADE UNDER CONCRETE TO BE PROVIDED., BY OTHERS, COMPACTED TO PLUS OR MINUS ONE -TENTH OF A FOOT. STAKINQ.,TESTING, PERMITS, EXCAVATION, BACKFILL, WINTER AND TRAFFIC CONTROL, PROTECTION OR REPAIRS TO WATER Project scheduling is subject to receipt of accepted contract. Please sign in spaces provided below to indicate acceptance and return original. Note. conditions as listed on rrrvsrmo aids of this quotation documaM. Submitted: IAWSON CONSTRUCTION COMPANY Accepted: BY: _ITOYD LAWSON BY. ...-_. Title: ESTIMATOR Dais: --- Pink-FILE COPY Y'-CUSTONFACOPr .. _ WNte-NaN AIO aaTUMITC LAWWN CON6fRUCa011 CO. 4-30-1996 le:03AM (970) 482-8542 FAX ('970) 492-8658 PROPOSAL FROM KIEFER CONCRETE INC. 970 482 8658 CONCRETE INC. f' EVERITT COMPANIES Forrester Block Pine & Walnut Saw Existing Walk 4" x 310 1f 310 1f Demo 4" Concrete 1380 sf Red Colored Concrete, Broom Finish 360 sf 18" Bands Regular Concrete 80 if Seating Wall - 18" x 2' x 28 if 28 if Sculpture Platform 1 ea Flagstone For Seating Nall $20.00 sf (Approx. 56 sf) Brick Pavers $15.00 sf ,(Approx. 1000 sf) VRE.MIX CONCRUT CONCRETS FINISHING CONCRETE CONTRACTING 360 Linden skeet Fort Collins, C*10 4* 805244696 pat` April 30, 1996 $2.50 if $2.00 sf $6.00 sf $25 if $75 if $1600 ea *ENGINEERING & STAKING BY OTHERS. *ABOVE QUANTITIES ARE ESTIMATED & BILLING SHALL BE BASED ON FINAL FIELD MEASUREMENTS & UNIT PRICES. *SUBGRADE SHALL BE FURNISHED COMPACTED ONE -TENTH FOOT HIGHER THAN FINAL GRADE. *CALCIUM CHLORIDE & COVERING FOR WINTER PROTECTION NOT INCLUDED IN ABOVE PRICES. *NO SEVERE WEATHER GUARANTEE / NO LANDSCAPING *NO BARRICADING *NO FLAGGING TERMS: Past due accounts are subject to service charge of 1 I/2% per month, 18% per annum. An account is past due when unpaid 15 days after billing. TOTAL $ 776.00 $ 2,760.00 $ 2,160.00 S 2,000.00 $ 2,100.00 S 1.500.00 $11,295.00 P. 2 DOWNTOWN DEVELOPMENT AUTHORITY ONE WEST CONTEMPORARY ART CENTER Telephone (303) 484-2020 201 SOUTH COLLEGE AVENUE, FORT COLLINS, CO 80524 Telefox (303) 484-2069 ,T;DDA- Board of Dir ors FROM: Chip Steiner - DATE: 1/2/96 RE: 200 Walnut Street Facade Request Two months ago the Board of Directors discussed participation in the renovation of the two-story property located at the corner of Walnut and Pine Street. The project is being submitted to the Board with additional details regarding the renovation. The attached letter from Tom Livingston explains., that, .the renovation is intended to be historically accurate and -all historic preservation designations will be sought in order to�;_qualify -for the corresponding corresponding tax credits. Because of this, closing.:on,:Ithe __._... property will not occur until this summer. r.:., -- --- - The DDA is being asked to purchase the facades on both :Walnut and. Pine Streets for roughly $64,000. Total project cost excluding purchase price is estimated at $225,000.- $250,000. The 1996 DDA administrative budget includes $90,996. for- capital projects (the line item actually includes an additional $20,000 but these funds have been earmarked for the Paramount Building). Because of this building's location at the entrance to the historic old town area and because a historic renovation will be a significant design improvement to the physical appearance of the central business district, acquisition of the facade(s) by the DDA should receive serious consideration. However, the Board is urged to consider participation in this project in perspective with other facade acquisition projects and with regard to the overall impact on the 1996 capital improvement budget. This request represents between 25 and 30 percent of the entire project cost. It is rare for DDA participation to exceed 10 percent. In the Harmony Mill, a project costing over $1 million, DDA participation is scheduled to be less than four percent.. DDA participation in the ADI building amounts to three percent.of.the project cost. Even in the Linden Hotel, arguably,. the most important downtown historic structure, DDA participation:was,:.less than eight percent. The facade acquisition for the Children's Mercantile exceeded 10 percent of the renovation cost. but• -involved completely rebuilding the.front of the structure. Not countin the Linden Hotel the most expensive facade g � xp acquisition has been the $60,000 paid for the. Stone Lion storefront --a project that, to date,.has generated an investment of $750,000 ' in building improvements excluding the second floor which remains. unrenovated .„ If the DDA acquires the facades at 200 Walnut for the requested $64,000, more than 70 percent of its 1996 capital improvement funds will have been committed before the year is one week old. Some suggestions for the Board to consider: 1. Participate in right-of-way improvements rather than the facade(s). It may be appropriate to approach the City with a concept to extend the Linden Street improvements onto Walnut Street; 2. Simply approve a lesser amount of funds for facade acquisition;. 3.. Acquire only the Walnut or Pine Street facade; 4. Approve a certain level of funding at this time and c.. consider additional funding should the _DDA be successful:.: in receiving a CDBG grant; The Board might also suggest to the developer that any-DDA funding be used to leverage a State historic grant as a method of generating enough revenue to make the project financially feasible. DDA assistance in the grant preparation would be provided at the developer's request. (For your comfort, I have committed to memory the - submittal deadline for the 1996 CDBG grant application round--THURSDAY, March 28, 12 noon.).