Several economic development projects are on the Monday night, Nov. 30, agendas for Unified Government committee meetings.
An ordinance and a resolution to allow issuance of sales tax special obligation revenue bonds and industrial revenue bonds for the Village East project area, for the Homefield project at 94th and State Avenue, is on the Economic Development and Finance Committee agenda.
The resolution states the industrial revenue bond amount will not exceed $100,000 for the project, which is a youth sports project on the former Schlitterbahn property. A public hearing on it may be conducted on Dec. 17.
Also on the agenda is a termination of the Schlitterbahn Community Improvement District.
The downtown Reardon Center redevelopment at 5th and Minnesota also is on the agenda, with a resolution to issue industrial revenue bonds not to exceed $23.26 million, and an ordinance authorizing transient guest tax funds of about $1 million. Lanier United is the developer.
Also on the agenda is a resolution adopting an amended development agreement for the Legends Apartment and Garage project. A proposed assignment and assumption agreement is in the agenda. According to agenda information, the UG issued CID bonds in June 2018 for the Legends Lawn improvements and the apartment-garage project.
While the West Lawn projects were completed, the apartment-garage project did not take place, with the funds still in an escrow account, according to agenda information. The original developer has an agreement to sell the land and its interest in the original development agreement to a new developer, Legends 267, who would be expected to complete the project.
Also on the agenda is a resolution authorizing the sale of municipal temporary notes and general obligation bonds, and also requesting the Public Building Commission to issue leasehold revenue bonds. Improvements totaling $158 million would be funded with general obligation bonds or municipal temporary notes. Improvements totaling $4.47 million would be funded with Public Building Commission leasehold revenue bonds, including a jail system ionization project and courthouse improvements.
Also on the EDF Committee agenda are financial reports, including the third quarter budget to actuals report and CARES PPI summary; the third quarter budget revisions of items larger than $10,000; and the fourth quarter budget revisions greater than $50,000.
On the Neighborhood and Community Development agenda are a revised agreement for the Quindaro Ruins project and appointment of a board of directors, and a number of Land Bank applications. An agreement previously was approved Aug. 10, but this will be a revised one.
The agreement is with the Western University Association of the AME Church, and authorizes the mayor to appoint members to the nonprofit’s board of directors, according to the agenda. A nonprofit group is being formed for the preservation and development of the Quindaro Ruins site.
The nonprofit’s board would include seven members, four appointed by Western University Association of the AME Church and three by the UG, according to the proposal.
Land Bank applications are on the NCD Committee agenda, including:
New construction – single-family homes:
Charles Endicott, 643 N. 54th St.;
Megan Duma, 2725 Glenrose Lane, building home, short-term rental; 2731 Glenrose Lane, build home in five years; 2750 Glenrose Lane, needed for sewer connection.
New construction – commercial
Dustan Fankhauser, 6235 Kansas Ave., build two 3,200 square foot buildings ideal for small contractors;
Martha E. Gonzalez, 1032 S. 25th St., build a building to store and maintain trucks.
The NCD Committee meeting begins at 5 p.m. The Economic Development and Finance Committee will meet when the Neighborhood and Community Development Committee ends. They are Zoom meetings.
More information about the projects is on the agendas at https://www.wycokck.org/Clerk/Agendas.aspx.
To connect to the Zoom meeting, visit https://us02web.zoom.us/j/84485376234?pwd=a0N6cXVsbEFucnJsRWFWRVBrd1hpdz09.
Passcode: 009425
Phone (toll free): 877-853-5257 or 888-475-4499
The meetings are expected to be on UGTV on cable television, and also on YouTube.
See https://www.wycokck.org/Clerk/Agendas.aspx for more information about connecting to the meeting. To see the UG commissioners’ email addresses, visit https://www.wycokck.org/Commissioners/Districts.aspx.