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HomeMy WebLinkAbout03-02-2010 Council Economic Development Committee AGENDA City of Iowa City City Council Economic Development Committee Tuesday, March 2, 2010 6: 15 p.m. Lobby Conference Room City Hall 1. Call to Order 2. Consider approval of the January 20,2010 Economic Development Committee meeting minutes 3. Consider approval of an exterior building change in the PeppelWood Plaza TIF project 4. Committee time 5. Staff time 6. Adjournment MINUTES CITY COUNCIL ECONOMIC DEVELOPMENT COMMITTEE JANUARY 20,2010 LOBBY CONFERENCE ROOM, 8:00 A.M. PRELIMINARY Members Present: Staff Present: Others Present: Regenia Bailey, Matt Hayek, Susan Mims Wendy Ford, Jeff Davidson Gigi Wood RECOMMENDATIONS TO COUNCIL: CALL MEETING TO ORDER: A. Introduce new member The meeting was called to order by Chairperson Bailey at 8:02 A.M. The new Council Member, Susan Mims, was introduced. B. Consider election of 2010-2011 Chairperson Hayek made the motion that Regenia Bailey continue as Chairperson. Hayek moved to nominate Regenia Bailey as Chairperson of the Economic Development Committee for the 2010-2011 session. Mims seconded the motion. Motion carried 3-0. CONSIDER APPROVAL OF THE MINUTES OF THE OCTOBER 20,2009 ECONOMIC DEVELOPMENT COMMITTEE MEETING: Hayek moved to accept the October 20, 2009 meeting minutes as submitted. Bailey seconded the motion. Motion carried 2-0 (Mims was not present at meeting.) 2010 ICAD GROUP MEMORANDUM OF UNDERSTANDING: Ford addressed the Members, stating that they have a copy of the proposed memo of understanding (MOU) in their packet for today's meeting. She noted that the MOU is drafted with the inclusion of fiscal year 2011, through June 30, 2011. Ford briefly brought everyone up to date, and noted that if they would rather wait until the current budget is adopted, they can table this issue until the next meeting. Members stated that they would prefer to approve this today, and then the City Manager can finalize it when the budget is adopted. Davidson touched on the value of the service provided by ICAD, noting that the City is not able to provide these services themselves due to not having the staff. Members briefly discussed the memorandum of understanding, asking for details on a few of the items. Mims moved to approve the agreement as stated in the Memorandum of Understanding between the City of Iowa City and the ICAD Group. Hayek seconded the motion. Motion carried 3-0. 1 Economic Development Committee Meeting January 20,2010 TAX INCREMENT FINANCE (TIF) PROJECT UPDATE: Ford addressed the series of memos Members received in their packet concerning TIF, and then asked if anyone had any questions regarding TIF. Davidson followed up with some further information for Members on TIF projects, noting how beneficial these TIF projects have been to the community. Davidson added that the Towncrest project is a good TIF possibility, as is Riverfront Crossings. The discussion continued, with Members broadly talking about TIF districts and how the specifics of each district and each project within districts are determined. ECONOMIC DEVELOPMENT PROJECT UPDATE: A. TOWNCREST - Davidson spoke about the Towncrest area project, noting that they are working on what type of incentives they want to offer. He added that they are working to define the "character" for the area to include in the plan. B. RIVERFRONT CROSSINGS - Davidson noted that this project will be moving a little slower than Towncrest. Currently they are focusing on moving the north waste water plant. C. DOWNTOWN BUSINESS INCUBATOR - Davidson gave a brief update on this project, noting that they are coordinating with ICAD, the Chamber, and the University on this. He also noted that the consultant will offer some investment alternatives for this project. D. MOSS GREEN URBAN VILLAGE - Davidson stated that the developer is continuing to show strong interest in moving forward. Mims asked for clarification on this possible TIF district and Davidson and Ford responded. E. EXPANSION OF SOUTHEAST INDUSTRIAL PARK - Davidson stated that this project is moving forward, albeit slowly. There were some issues with the plat, as well as some environmental issues, but those are expected to be resolved soon, and this will go to P&Z in February. F. MULTI-USE PARKING FACILITY PROJECT - Davidson noted that Members will see something soon on this as there will be a request for proposals (RFP) released in the next few weeks. COMMITTEE TIME: Hayek and Bailey welcomed Mims to the Committee. Hayek then spoke briefly about the City-owned land on the corner of College and Gilbert Street and the need to address this at some point. Davidson agreed, noting that they often have inquiries about it. STAFF TIME: Ford asked Members if the third Tuesday of the month will continue to work for meetings. Mims noted that she needs to check her calendar; she and Bailey will let Ford know if this fits their schedules. Davidson added that they are continuing the local outreach meetings with employers, doing a couple per month. He added that they are continuing to monitor the UI situation with the School of Music being built downtown. ADJOURNMENT: Hayek moved to adjourn the meeting at 8:40 A.M. Mims seconded the motion. Motion carried 3-0. Economic Development Committee Meeting January 20, 2010 Council Economic Development Committee ATTENDANCE RECORD 2010 TERM ~ NAME EXP. i\3 0 Regenia 01/02/11 X Bailey Matt 01/02/11 X Hayek Susan 01/02/11 X Mims Key: X = Present o = Absent OlE = AbsenUExcused 1 ~ 1 -~= -a:,.." ~~ai~~ ~~..aa.~ -.. - CITY OF IOWA CITY MEMORANDUM Date: To: From: Re: February 24, 2010 City Council Economic Development Committee Wendy Ford, Economic Development Coordinator K-Mart building exterior change Last year, Council requested that changes to building exteriors within the Pepperwood Plaza TIF project be approved by the Economic Development Committee, as opposed to the Staff Design Review Committee. Sears Holdings, owners of K-Mart, which is part of the Pepperwood Plaza TIF, is seeking a building permit to make changes to the existing K-Mart building to add a Laundromat. The proposed laundromat fa9ade faces Keokuk Street and is on the south end of the west side of the K-Mart building (south of the existing fenced in garden center). The City's Housing and Inspection Services Division is ready to issue a building permit as soon as exterior changes meet with your approval. In evaluating changes in plans for an existing building, only the new construction need be considered. Because the only new element is the public entryway, compliance is focused there. Zoning standards for Large Retail Uses addressing customer entryways require they be clearly defined and highly visible with no fewer than three of the following features: canopy or portico, overhang, recess/projection, arcade, raised cornice parapet over the door, archway, outdoor patio, display windows, storefront windows that allow views into the interior, tile work and molding integrate into building and/or integral planters or wing walls incorporate landscaped areas or places for sitting. In the proposed plan, there is a canopy and there are display windows, however a third element does not exist. The new signage shown on the plans meets existing signage code. The owner's plans show installation of the signage as detailed on the elevation entitled Proposed New Channel Letters and New Awnings. This plan differs slightly from the Exterior Elevation sheet where the K-Mart logo channel letters are placed over the door. Staff notes that placement of the channel letter K-Mart logo sign directly over the entryway would meet the third criteria of the entryway requirements noted above. Staff Recommendation The old automotive department of K-Mart (most recently a Penske automotive outlet), renovated as a Laundromat will be a good addition to the south commercial area in Iowa City. 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