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HomeMy WebLinkAboutDCSP091911~. _.-.._ CENTRAL PQ I f~T City of Central Point Development Commission Study Session Agenda Members: Hank Williams Allen Broderick Bn~ce Dingler Carol Fischer Ellie George ILelly Geiger hay Harrison Staff Liaison: Chris Clayton Don Burt Monday, September 19, 2011 6:00 P.M. Central Point Council Chambers 140 S. 3rd Street Central Point, Oregon Meeting time, date, or location mad be subject to change. Please contact the Cite Recorder at 541-423-1026 for additional information. I. MEETING CALLED TO ORDER- 6:00 p.m. II. ROLL CALL III. DISCUSSION ITEMS A. Financial Feasibility and Fiscal Impact B. General Discussion to Cover: ^ Final Draft Boundaries Mission and Goals ^ Urban renewal Activities And Projects Maximum Indebtedness and Plan Duration C.Next Steps VI. ADJOURNEMENT DCSS091911 Pagel City of Central Paint, t~r~c~n 140 So.Third 5t., Central Point,t7r 97502 541.664.3321 Fax 541.664.6384 www.ci.central-point.or.us ` ~} MEMORANDUM To: De~-elopment Commission and Planning Commission From: Don Burt, Punning Mlnlger Subject: Urban Renee a1 Study Session, September 19, ?011 Date: September 14, 2011 Planning apartment Tim i-~Um~nrey, aic~ Community Development Directo. The purpose of the Stud- Session is for the h~-o commissions to discuss and question the ~-arious elements Ind. to arri~ e at a general consensus. During the course of the pest fe~~ months both commissions hay e discussed. the follo~~ ing elements of the Urban Renee a1 Plan: L Urban Renee a1 Boundai~ IL Mission & Goals III. Projects IV. Maximum Indebtedness Ind Plan Duration V. Financial Feasibilit<- There remains one outstanding element to be discussed, Ind. that is the fiscal impact of the Urban Renee-al Plan on affected taming districts, including the Cit<-. Staff ~~-i11 pro~-ide a quick o~-er~-ie~~- of both financial feasibility Ind. fiscal impact at the Study Session. After staff's presentation (10 min. ), the remainder of the meeting ~~ i11 be open to discussion/questions b~ the commissions of the ~-arious plan elements. Based on the outcome of the Stud- Session the Commission mad- either proceed. to: Schedule a public meeting (October 27ti')to further discuss and gather input on the draft Urban Renee a1 Plan, or 2. Continue discussion to the September 29ti' Commission meeting. For sour con~-enience attached are selected sections of the Urban Renee-al Plan that represent each of the abo~-e elements as pre~-iousl~, discussed. Page 1 of 15 DCSS091911 Page 2 ITEM I. Urban Renewal Boundary SECTION 100 LEGAL BOUNDARY DESCRIPTION The legal description of the boundary of the Urban Renewal Area is set forth in Part 2 of this Plan as follows: 3 O 1. Exhibit 1 -Narrative Legal Description of Urban Renewal Area. (Pending finalization of boundary) 3 02. Exhibit 2 -Graphic (Map) Description of Urban Renewal Area. Staff Note: The Urban Renewal Area accounts for 18% of the City's gross land area and 13 % of the Cih~'s assessed value. The maximum allowable in both categories is 25 % . It should also be pointed out the Urban Renewal Area contains 59% of the City's commercial area, most of which is subject to development limitations due to traffic issues. (SEE MAP ON NEXT PAGE) Page 2 of 15 DCSS091911 Page 3 ... ~ x;. ~:.. .•~ ~ .. 1, i it ~ •i ~ii,.liii• ',~ ~. ui ii i ~i~•iw+i••~biM11M1'I*i~M#4 MM' # ~ ~ ~- 'ro r• r'r ' ~ wrs A ''.. r i _ ` i pii4+ • m < = ~ y .. •~ ,i ~r. e._ ~ ~ ~' ~ ~ • Sr 3 -y_ _ • M • i ,. ~ * C ~ ._ r~ ,... i i 1 J5„_ .. F ~ ~ i F ~ ~ `. i ~ ASH ST i i ~ i i r~i ~'~kL.-C~.#sa. a' f;_LY ~l • v ~ i • • ~ 5 • ~. ., • C • i c - - • '~^ ~ a ~,r ' i Pay;, .. ~,~.w.: • ,,~,,: ..... i ~ i i . 1~ . ~r1ii •i ~ i • i i • v ... i ~,` i + a s w Central Pt~int lJrban Renewal Boundary Ret urn t o Agenda Page 3 of 15 DCSS091911 Page 4 ITEM II. Mission & Goals 401. MISSION STATEMENT It is the mission of the Central Point Development Commission to eliminate blight and depreciating property values within the urban renewal district. This will be accomplished through the preparation and implementation of an urban renewal program that maximizes both public and private investments necessary to strengthen the economic and aesthetic vitality of the Urban Renewal Area as the City's traditional mixed-use urban core. 402. GOALS AND OBJECTIVES To accomplish its mission the Development Commission will develop and implement an urban renewal program known as the Downtown and East Pine Street Corridor Revitalization Plan, the goals and objectives of which are to: A. Resolve the problems created by existing blighted conditions so that unused and underused properties can be placed in productive condition and utilized at their highest and best use in accordance with the City of Central Point Comprehensive Plan. B. Provide programs for the development, redevelopment, and rehabilitation of property in ways that will: i. Re-enforce the pedestrian and mixed-use character of the downtown, and insure a more attractive, functional and economically viable urban core; ii. Encourage job creation through the expansion of existing businesses and the development of new businesses within the Urban Renewal Area; iii. Increase property values so that the Urban Renewal Area will contribute its fair share to the costs of public services provided by the City and other affected taxing districts; and iv. Conserve and place into productive use historically significant places and properties. Page 4 of 15 DCSS091911 Page 5 C. With respect to the revitalization of the Urban Renewal Area respond to the needs and the concerns of all people of the City of Central Point as expressed in the City's strategic plan Central Point Forward, Fair City Vision 2020 and the City of Central Point Comprehensive Plan. D. Encourage the maximum amount of public involvement and citizens participation in the formation and implementation of the Urban Renewal Plan by: i. Explaining and discussing the details of the Urban Renewal process: a. To the public at town hall type gatherings; b. To invite special interest groups, public service organizations, public bodies and the general public to Commission meetings; c. To include urban renewal activities and updates in the City's periodic newsletters; and d. To cooperate with the news media to discuss the Urban Renewal Plan and process. ii. Meeting with the nine affected taxing bodies to explain the long- term benefits of the Urban Renewal program and its relationship to their fiscal concerns, and iii. Being available to discuss the details of the Urban Renewal Plan with service, professional, fraternal and labor organizations. E. To provide an adequate amount of properly located off-street parking in the downtown area including a plan and program to effectively pay for, manage, and maintain proposed public parking; F. To create positive linkages (pedestrian) among the three sectors of the Urban Renewal Area--i.e., the Downtown, the East Pine Corridor Area and the residential -mixed-use areas to the north and south; Page 5 of 15 DCSS091911 Page 6 G. To cooperate and coordinate with the Rogue Valley Transit District in their efforts to improve transportation services in the Urban Renewal Area; H. To develop, and implement, a plan for the undergrounding of present overhead utilities that are located in areas of maximum pedestrian activity; I. To cooperate and coordinate with the program to improve Bear Creek and the Bear Creek Greenway and to recognize the positive values and benefits that these improvements will have on the revitalization of the Urban Renewal Area. J. To improve the visual appearance, capacity and traffic flow of those sections of East Pine Street, Hwy. 99 and Freeman Road within the Urban Renewal Area; K. To cooperate with property owners in the rehabilitation of their buildings and property; L. To install coordinated street furniture, night lighting and landscaping in areas of maximum pedestrian concentration; M. To assure, through the construction/installation, or replacement that publicly owned utilities such as water, storm drains, and sanitary sewers, are adequate incapacity to service the needs of all uses within the urban renewal district; and N. To leverage the Agency's financial resources to the maximum extent possible with other public and private investment and other public and private funding sources. Ret urn t o Agenda Page 6 of 15 DCSS091911 Page 7 Item III. Urban Renewal Activities SECTION 200 SECTION 800 URBAN RENEWAL ACTIVITIES To achieve the goals and objectives of this Plan the following activities maybe undertaken by the Commission, or caused to be undertaken by others, in accordance with applicable Federal, State, County and City laws, policies and procedures and in compliance with the provisions of this Plan. The Commission's responsibility for all activities identified in the Plan is subject to the availability of appropriate funding. The following projects and activities are deemed necessary to: Eliminate blighting conditions and influences; 2. Reverse presently depreciating property values; Make the Area attractive for the stabilization, expansion, rehabilitation or redevelopment of existing businesses, industries and housing; 4. Create a physical, visual and economic environment that will attract new, job producing development of the Area's vacant land; and to Further the objectives of the Urbal~ Renewal Plan as set forth in Section 400. B. All public improvements herein proposed. shall be constructed. in conformance with the approved standards and policies of the City of Central Point. C. With funds available to it, the Central Point Development Commission may fund in full, in part, a proportionate share of, or cause to be funded, the following numbered projects and activities: DOWNTOWN AREA STREETSCAPE IMPROVEMENTS. Within Downtown Core Area (Figure 1) improve streetscapes on the primary pedestrian streets. Streetscape improvements may include curb and gutter, sidewalks, crosswalks, street trees, tree grates, street lights, plazas, gateways, and street furniture. All Streetscape improvements shall be constructed in accordance with an approved Streetscape master plan for the area illustrated in Figure 1. Page 7 of 15 DCSS091911 Page 8 2. EAST PINE STREET STREETSCAPE. Improve the streetscape along that section of East Pine Street between the Downtown Area and Hamrick Road. Streetscape improvements may include curb and getter, sidewalks, crosswalks, street trees, tree grates, street lights, plazas, gateways, portal signage on I-5, aiid street fiirnitere. All streetscape improvements shall be constructed. in accordance with an approved. streetscape master plan. 3. NEIGHBORHOOD SIDEWALKS AND STREET LIGHTING. Install sidewalks on all residential streets adjacent to the Downtown Core. All sidewalk improvements shall be made in accordance with city sidewalk standards and may include street lighting, aiid street trees. 4. HWY. 99 CORRIDOR STREETSCAPE. Improve Hwy. 99 (Front Street) streetscape from the proposed Twin Creeks railroad. crossing south to Bush Street. Streetscape improvements may include curb and getter, sidewalks, street trees, tree grates, street lights, plazas, gateways, cross-walks aiid street fiirnitere. All streetscape improvements shall be made in accordance with an approved. streetscape master plan for the area. 5. INTERSECTION SIGNALIZATION. Install/upgrade/modify traffic signals at the following intersection: a. TWIN CREEKS RR-PING. Install new signalized. intersection at Hwy. 99 and Twin Creeks Dr. and new railroad. crossing at Twin Creeks Dr. Improvements shall include, bet not be limited to easement acquisition, curb aiid getter, street surface improvement, railroad crossing signalization, Hwy. 99 signalization, sidewalks, street lights, and landscaping. b. Pine St. and Second St. add new signals c. Pine St. and Sixth St. add new signals d. Pine St. and Fire District 3 Station, to improve the safety of emergency vehicle egress install an emergency use signal. e. Pine St. and Peninger, modify existing signal in accordance with Interchange Access Management Plan 33 Page 8 of 15 DCSS091911 Page 9 f. Pine St. and Gebhard Extension add new signals 6. OFF-STREET PARKING FACILITIES. All public parking constructed under the provisions of this Section shall comply with the objectives and policies of the (,itt~ of (,e»t~°crl Poi»t ~~OI??~Jl"C'l?C'1?Sll'C' P~LlI? and the ~~lh' Of ~~C'1?tl"Cl~ POII?t T1"Cll?S~JOI"tCltl01? ~Shstenz Pkzrz as applies to the Dov~nitov~ni, and with the applicable standards set forth in the Land Development Code. a. Oak Street Parking Facility. Design and constn~ct a parking facility on the southeast corner of Oak Street and. Third Street. b. Manzanita Street Parking Facility. Design and constnut a parking facility on the southeast corner of Manzanita Street and First St. 7. UNDERGROUND EXISTING POLE MOUNTED UTILITY SYSTEMS. Within the Dov~nitov~ni Core, and along Hwy. 99 underground. existing overhead utilities. 8. RECONSTRUCT CURBS, GUTTERS AND SIDEWALKS AND INSTALL PEDESTRIAN AMENITIES IN THE DOWNTOWN CORE AREA (EXHIBITS 4 AND 5) CONSISTENT WITH THE CITY'S DOWNTOWN DESIGN GUIDELINES. 9. PEDESTRIANIZE ALLEYS. Within the Downtown Core Area pedestrianize alleys between Manzanita Street and Oak Street. 10. PFAFF PARK Renovate Pfaff Park including new landscaping, restroom facilities, playground equipment, and lighting. 11. FREEMAN ROAD UPGRADE TO COLLECTOR STREET STANDARDS. Between Oak St. and Hopkins Rd. rebuild Freeman Rd. to collector street standards, including curb, getter, sidewalks, street lights, traffic control devices, and street trees. 12. PENNINGER ROAD SOUTHERLY EXTENSION. Extend. Penninger Road. south across Bear Creek to intersect with Hamrick Road. to collector street standards; including bridge crossing and bike lanes. 13. MISCELLANEOUS PUBLIC WORKS. Throughout the life of this Urban Renewal Program, the Commission, consistent with their Page 9 of 15 DCSS091911 Page 10 priorities and financial resources, may assume the costs, or share of the costs, of engineering and constnuting public works projects within the Urban Renewal Area to further the objectives of this Urban Renewal Plan. Such projects may include the installation or reconstruction of the following: a. Storm Drains b. Sanitary Sewers c. Water Mains and Fire Hydrants d. Curbs or Curbs and Gutters e. Sidewalks, including Irrigated Tree Plantings £ Street Work g. Alley Paving 14. ECONOMIC DEVELOPMENT INCENTIVE PROGRAM. The Commission may establish incentive programs to encourage commercial and residential development within the urban renewal area. The economic incentive programs may be in the form of grants, or loans. Prior to the establishment of any economic incentive program the Commission shall prepare and adopt an economic development incentive plan establishing: a. Criteria for eligibility; b. Terms and. conditions of the program; c. If a loan procedures for recycling the funds as loan obligations are paid; d. Procedures where loan payments are not paid. or paid. in an untimely manner; e. Procedures alid conditions for which deferred payment loans maybe offered; f. Procedures for administering and. servicing the program; and. g. Such other procedures and. conditions which the Commission deems necessary. Ret urn t o Agenda Page 10 of 15 DCSS091911 Page 11 SECTION 900. ACQUISITION OF REAL PROPERTY A. INTENT. It is the intent of this Plan to authorize the Commission of the Urban Renewal Agency to acquire property within the Urban Renewal Area by any legal means to achieve the objectives of this Plan, and specifically, for any of the purposes listed. in Subsection 900-B below. B. PURPOSE OF PROPERTY ACQUISITIONS. Property acquisition, including limited interest acquisition is hereby made a part of this Plan and maybe used by the Commissioner to achieve the objectives of this Plan based. on any one of the following criteria: Where existing conditions do not permit practical or feasible rehabilitation of a structure, by its ov~nier, and it is determined by the Commission that acquisition of such properties and demolition or rehabilitation of the improvements thereon are necessary to remove substandard and blighting conditions; ii. Where detrimental land uses or conditions such as incompatible uses, or adverse influences from noise, smoke or fumes exist, or where there exists over-crowding, excessive dwelling unit density or conversions to incompatible types of uses, and it is determined by the Commission that acquisition of such properties and the rehabilitation or demolition of the improvements are necessary to remove blighting influences; iii. Where it is determined by the Commission that the property is needed to provide public improvements and facilities as follows: a. Right-of--way acquisition for streets, alleys, bicycle paths or pedestrian ways. b. Facilities for the benefit of the public which are to be developed by the Commission, the City, or any other public entity; Property acquisition for public, off-street parking facilities; or d. Where the owner of real property within the boundaries of the Urban Renewal Area wishes to convey title of such property by legal means, including by gift. iv. Where it is determined by the Commission that a substantial public interest or the objectives of this Plan can be furthered by assembling Page 11 of 15 DCSS091911 Page 12 property for development or redevelopment by a party other then the owners of record of such property, the Commission may acquire such property. B. PROPERTY WHICH MAY BE ACQUIRED. In order to accomplish the following listed projects, the Agency Commission may acquire certain real property as hereinafter described: (TO BE DETERMINED) ~Stczff'Note: The sections on pr°oper°tti~ czec~a~isition or inehu~'ed to note that the C'o~~a~~aission is cxz~thor°i~ed to cxec~z~ir°e pr°oper°tti~, sz~bjeet to pr°oeedz~r°czl stcxndczr°ds. At this ti~~ae no pr°oper°ties hcxti>e been dentified,fot° ace~tristion. This cca~ be done at a latet° dine us a is~inor aincnc~inent, btrtpcrt°t of czn existing pr°o jeet. Ret urn t o Agenda Page 12 of 15 DCSS091911 Page 13 Item IV. Maximum Indebtedness & Plan Duration SECTION 1200. MAXIMUM AMOUNT OF INDEBTEDNESS AND FINANCING OF MAXIMUM AMOUNT OF INDEBTEDNESS In accordance with ORS 457.190(4)(b) the initial maximum amount of indebtedness that may be incurred throughout the remaining duration of this Plan, commencing with fiscal year 2012-13 through fiscal year 2037-2038, shall not exceed $44,705,11. lit accordance with ORS 457.190(4)(4) the initial maximum indebtedness may be increased each year based on the constnution cost indexing methodology set forth in Section 400 of the Urban Renewal Report. The Commission may borrow money aiid accept advances, grants aiid airy other legal form of financial assistance from the federal government, State, City, County, or other public body, or from any legal source, public or private, for purposes of undertaking aiid carrying out this Plait, or may otherwise obtain financing as authorized by ORS Chapter 457. (SEE TABLE ON NEXT PAGE FOR MAXIMUM INDEBTEDNESS BREAILDOWN) SECTION 1800 DURATION AND VALIDITY OF URBAN RENEWAL PLAN 1801. DURATION OF URBAN RENEWAL PLAN This Plan shall remain in full force and effect until July 1, 2038, or until the maximum amount of indebtedness as set forth in Section 1200 has been reached. and. all related debt service retired, whichever comes first. Page 13 of 15 DCSS091911 Page 14 Froject Project Description Froject Froject Project No Cost Cast, Cost, {zo~~$) Other Urban I Renewal 1 Downtown Core $7,197,511 $719,751 $6,477,760 Streetscape 2 Pine Street, eastof loth $5564,964 $2,225994 $3~338~991 3 Neighborhood $2,121,0'1 $848,428 $1,2'2,643 Sidewalks/Alleys 4 Hwy. 99 Corridor $1~939~104 $775,642 $1,163,462 5 Signalization $5,loq.,818 $2,552409 $2552409 6 Off=Street Parking $555617 $222247 $33370 7 Underground Utilities $4,000,000 - $4,000,000 8 Gebhard Rd. Extension $2,500,000 $500,000 $2,000,000 g Pfaff Park $2o6,q.64 $103,232 $103,232 to Freeman Rd. Upgrade $1,474,271 $442,281 $i,o31,990 u Peninger Rd. Extension $11,741,423 $2,348,285 $9~393~138 12 Misc. Public Works $2,234,648 $670,394 $1~564~253 13 Community Center $745564 $3,228,978 $i,o76,326 14 South Hamrick Rd. $1,333,481 $400,044 $933437 Extension 15 Economic Incentive $6,000,000 $600,000 $5,400,000 Programs PROJECT TOTAL $46~71g~957 $15~637~6$5 $4o,64i,ou Administration (io%) $4,o64,ioi PROGRAM TOTAL $44~705~113 Page 14 of 15 DCSS091911 Page 15 V. Financial Feasibility and Fiscal Impact Staff Note: At the Sttrc~'v Session staff~tivill distr°ib~trte the,fincrncial,feasibility analysis and, fiscal impact analysis for each of the affected taxing districts. Ret urn t o Agenda Page 15 of 15 DCSS091911 Page 16