[ Call to Order]
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THERE WE GO. WELCOME TO THE MEETING OF THE IDAHO FALLS REDEVELOPMENT AGENCY ON WEDNESDAY, JUNE 18TH. WE APPRECIATE EVERYBODY ACCOMMODATING THE SCHEDULE WE NORMALLY HAVE ON THURSDAY, BUT THIS WEEK WE HAVE IDAHO ASSOCIATION OF CITIES MEETINGS GOING ON THIS WEEK. JUNETEENTH TOMORROW. THAT'S RIGHT. OKAY. SO WE CHANGED IT TO WEDNESDAY FOR
[2. ACTION ITEM: Approval of Minutes: May 15, 2025]
THIS MONTH. FIRST ITEM ON THE AGENDA IS THE APPROVAL OF THE MINUTES. WE HAVE BECKY HERE WHO PREPARES A MINUTES AND DOES A FANTASTIC JOB. SO WE HAVE THE MAY 15TH, 2025 MEETING MINUTES THAT WE'VE BEEN PROVIDED. WERE THERE ANY CHANGES OR MODIFICATIONS TO THOSE MINUTES? MOVED TO MINUTES AS PRESENTED? YES. WE'VE GOT A MOTION TO APPROVE. IS THERE A SECOND? SECOND? ALL IN FAVOR, SAY AYE. AYE. I ANY OPPOSED? SAY NAY. MOTION PASSES. SO THAT'S OUR MINUTES. WE WANT TO ALSO. I SHOULD HAVE STARTED WITH THIS. I WANT TO WELCOME CARL CASPERSEN, OUR NEWLY ELECTED COUNTY COMMISSIONER, AND WE'RE VERY HAPPY TO HAVE HIM INVOLVED WITH US. JOHN WALKER'S BEEN ON THE BOARD BEFORE, BUT WE REALLY APPRECIATE YOU BEING INVOLVED WITH THIS. IT'S REALLY CRITICAL TO WHAT WE DO TO STAY COORDINATED BETWEEN THE COUNTY AND THE CITY. WE HAVE LISA BURTENSHAW AS A CITY COUNCIL PERSON ON THE BOARD. SHE WASN'T ABLE TO MAKE IT THIS MONTH. AND THEN IT'S REALLY HELPED US A LOT, ACCOMPLISH A LOT TO HAVE THE COUNTY INVOLVED. FOR EXAMPLE, WHEN WE DID THE MEMORIAL DRIVE REDEVELOPMENT, WE HAD DAVE BRADFORD ON. AND, YOU KNOW, THAT HELPED US COORDINATE BETWEEN THE COUNTY. AND WE TOOK THE PARKING OFF MEMORIAL DRIVE, THE COUNTY BUILD A NEW PARKING LOT AT THE SAME TIME SO WE COULD COORDINATE AND GET ALL OF MEMORIAL DRIVE DONE. JUST ONE EXAMPLE. SO, YOU KNOW, JUST HAVING THE COUNTY ON BOARD IS SO IMPORTANT. ALSO, EVERYTHING WE DO IS DEPENDENT ON THE ASSESSOR AND THE TREASURER OFFICE. THEY GIVE US RESOLVE OUR OUR NUMBERS, OUR PROPERTY TAX NUMBERS ARE ALL BASED ON WHAT THEY DO. SO IT'S REALLY CRITICAL TO HAVE YOUR YOUR INPUT. SO WE REALLY[3. ACTION ITEM: Approval of Expenditures and Finance Report]
APPRECIATE YOU. NEXT ON THE AGENDA IS OUR EXPENDITURES AND FINANCE REPORT. AND WE HAVE IN OUR PACKET THE FINANCE REPORT WHICH GIVES US THE MONTH BY MONTH EXPENDITURES, PROBABLY HIGHER LEVEL DETAIL THAN YOU'RE PROBABLY USED TO. WE KIND OF LIST EVERY EVERY CHECK TO EVERY VENDOR EACH MONTH SO THAT WE CAN LOOK AT THEM. AND THEN WE ALSO HAVE THE BUDGET TO ACTUAL REPORT WHERE WE LOOK AT HOW THOSE EXPENDITURES ARE DOING IN RELATION TO OUR BUDGETS. AND OUR BUDGET IS. SO YOU'VE GOT THE BUDGET ACTUAL REPORT THAT DIVIDES IT INTO THE DIFFERENT AREAS THAT WE'VE WORKED ON. RIVER COMMONS, EAGLE RIDGE, JACKSON HOLE. WE'VE GOT OVER UP TO LIKE NINE NOW, BUT THEN THERE'S A TOTAL REDEVELOPMENT DISTRICT BUDGET, WHICH IS WHAT WE PUBLISH AND SUBMIT TO YOU WITH THE COUNTY EACH YEAR. AND THAT'S AT THE BOTTOM THERE. SO THIS MONTH IN THE FINANCE REPORT, WE HAVE THE RIVER COMMONS FROM THE RIVER COMMONS FUND. THIS IS THE BALL VENTURES PROJECT. $75 TO REBECCA THOMPSON FOR PREPARING THE MINUTES FOR $2,009.50, TO BRAD KRAMER FOR HIS CONSULTING WORK. $4,768.50 TO EVELYN BURKE FOR LEGAL WORK.$680 TO THE CITY OF IDAHO FALLS FOR THEIR ADMINISTRATIVE SUPPORT. LIKE ANN AND BRIAN AND CASSIE HERE, THAT DO THE TREASURER AND THE ADMINISTRATIVE FOR US. AND WADE SANNER, WHO PROVIDES THE EXECUTIVE DIRECTOR RESPONSIBILITIES AND $127 TO IHI PRODUCTIONS INC, WHICH I BELIEVE IS THE ANNUAL REPORT, WHICH WE'LL LOOK AT HERE IN JUST A MOMENT. SO THANK YOU, ANN, FOR GIVING US OUR ANNUAL REPORT. THIS IS REQUIRED BY THE STATUTE THAT WE DO AN ANNUAL REPORT EACH YEAR. WE TRY TO DO A GOOD JOB OF IT. THAT GIVES A SUMMARY OF EACH OF OUR PROJECTS THAT WE'RE WORKING ON, AND THEN WE POST IT ON OUR WEBSITE SO EVERYBODY CAN KNOW EXACTLY WHAT WE'RE DOING.
HAS THE PROJECTS, EACH OF THE PROJECT AREAS, AND KIND OF WHAT WE'RE FOCUSED ON IN EACH ONE.
SO. APPRECIATE EVERYBODY PUTTING THAT TOGETHER AND GETTING THAT OUT. ALSO ON THE FINANCE REPORT, EAGLE RIDGE $100 FOR CITY OF BATTLE FALLS ADMINISTRATIVE SERVICES JACKSON HALL, $150
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BURKE FOR LEGAL SERVICES AND $100. THE CITY OF IDAHO FALLS FOR ADMINISTRATIVE AND PANCARI EAST. $400 FOR LEGAL SERVICES. I THINK THAT'S ABOUT IT. ON THIS MONTH'S FINANCE REPORT. IS THERE A MOTION TO APPROVE THE FINANCE REPORT? MOVE TO APPROVE THE FINANCE REPORT FROM JUNE 18TH.IS THERE A SECOND? SECOND. ALL RIGHT. ANY DISCUSSION? ALL IN FAVOR, SAY AYE. AYE AYE. ANY OPPOSED? SAY NAY. ALL RIGHT. GOOD. THANK YOU. ALL RIGHT. THE NEXT ITEM IS A RESOLUTION
[4. ACTION ITEM: Resolution Approving the Riverwalk Eligibility Study for the proposed Riverwalk Urban Renewal District]
APPROVING THE RIVERWALK ELIGIBILITY STUDY FOR THE PROPOSED RIVERWALK URBAN RENEWAL DISTRICT. AND WE'VE HAD BRAD KRAMER ACT AS THE CONSULTANT ON THIS. THIS IS A DISTRICT THAT THIS IS DOWN IN THE KIND OF THE WALKER FAMILY PROPERTIES THAT'S ALONG THE RIVER. AND WE FOR A NUMBER OF YEARS, THEY HELPED BUILD QUITE A FEW BUILDINGS THERE AND HELPED US WITH A LOT OF REDEVELOPMENT EFFORTS ALONG THE RIVER, THE RIVER GARDENS AND OTHER THINGS. AND WE'VE BUILT SOME ROADS AND BUILT A LOT OF INFRASTRUCTURE THROUGH THIS AREA. BUT THEN THAT AREA CLOSED AND THERE'S A COUPLE OF AREAS THAT WE STILL WOULD LIKE TO ENCOURAGE PEOPLE TO BUILD ON.AND RIGHT NOW WE'RE WE HAVE A PROPOSAL FOR A HOTEL TO COME AND LOCATE ON THE ONE LOT THAT WILL BRING IN TAX INCREMENT REVENUE FOR THAT AND WILL HELP US COVER THE COST OF BLASTING THE FOUNDATION. THIS IS AN AREA THAT'S GOT A LOT OF BASALT AND IT'S HARD TO BUILD ON. SO KEY TO DEVELOPING THAT ENTIRE KIND OF BETWEEN PANCARI AND BROADWAY ON THE WEST SIDE OF THE RIVER HAS BEEN OUR HELP TO BLAST FOUNDATIONS AND SEWER LINES AND WATER LINES AND THAT KIND OF THING. SO IT'S ESSENTIALLY WHAT THIS ONE'S ABOUT IS THEY'RE TRYING TO GET THE NEW HOTEL GOING, AND WE'VE BEEN WILLING TO HELP THEM DO SOME OF THAT BLASTING AND GET GET THAT GOING.
AND SO THAT'S WHAT WE'RE LOOKING AT HERE. SO BRAD KRAMER AND AS PART OF THAT WE DO THEY CAME TO US. WE WALKER'S CAME TO US. WE DID A MEMORANDUM OF UNDERSTANDING WITH THEM. THEY AGREED THAT THEY WOULD PAY US AS PART OF THAT MEMORANDUM OF UNDERSTANDING. THEY WOULD PAY FOR US TO DO THE CONSULTING WORK, TO GO AND INVESTIGATE THIS AND DETERMINE WHETHER IT WAS APPROPRIATE. AND SO WE USED THAT AND HAD BRAD KRAMER DO A REPORT. SO, BRAD, DO YOU WANT TO TAKE THAT ON? THANK YOU. THE PURPOSE OF THIS REPORT IS TO DETERMINE WHETHER OR NOT THE STUDY AREA IS ELIGIBLE TO BECOME AN URBAN RENEWAL AREA AND REVENUE ALLOCATION AREA. WE'LL LOOK AT 15 DIFFERENT CRITERIA FROM THE STATE. AN AREA ONLY HAS TO MEET ONE IN ORDER TO BE ELIGIBLE, AND FINDING AN AREA TO BE ELIGIBLE DOES NOT OBLIGATE THE AGENCY OR THE CITY TO PROCEED WITH AN URBAN RENEWAL PLAN. IT'S JUST TO LOOK AT ELIGIBILITY SO BRIEFLY TO IF I COULD DIGRESS FOR THIS FOR JUST A SECOND, TO ECHO SOMETHING THAT MR. RADFORD SAID TO MR. CASPERSEN. I WORK WITH A NUMBER OF COUNTY ASSESSOR'S OFFICES AND COUNTIES IS THE MOST RESPONSIVE BY FAR. SO I APPRECIATE THAT. I APPRECIATE THE SERVICE THEY PROVIDE. SO WITH THAT, THIS IS THE STUDY AREA SHOWN ON THIS SLIDE. I ALSO DIVIDED IT INTO THREE DIFFERENT SITES BECAUSE FOR PURPOSES OF THE REPORT, IT WAS A LITTLE BIT EASIER TO SORT OF ORGANIZE IN TERMS OF WHICH AREAS MET WHICH CRITERIA. IN THE END, THE RECOMMENDATIONS ARE IN THE FINAL ANALYSIS ARE RELATED TO THE AREA AS A WHOLE. BUT WHEN YOU SEE THE REPORT TO REFERENCE THE SITES ONE, 2 OR 3, THIS IS JUST SORT OF AN ORGANIZATIONAL TOOL TO HELP WITH THAT. THERE ARE THE REASON THESE THREE SITES WERE CHOSEN IS HAS ALREADY BEEN ALLUDED TO. THESE ARE UNDEVELOPED SITES WITHIN THE TAYLOR CROSSING DEVELOPMENT. THEY WERE PART OF THE SNAKE RIVER DISTRICT BEFORE IT CLOSED. THERE ARE THESE THREE SITES WERE CHOSEN AND NOT SOME OF THE ONES FURTHER TO THE TO THE EAST, BECAUSE THEY WERE THE ONES THAT WERE MOST LIKELY TO SEE DEVELOPMENT WITHIN THE NEXT THREE YEARS, WITH THE LIMITATION ON THE LENGTH OF DISTRICTS.
SOMETIMES WE TRY TO BE CAREFUL ABOUT HOW MUCH, HOW MUCH LAND IS INCLUDED WITHIN A PARTICULAR DISTRICT. SO AS I MENTIONED, THIS WAS PART OF THE SNAKE RIVER DISTRICT. THIS IS A 2000 AREA
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BEFORE DEVELOPMENT STARTED TO HAPPEN THROUGH URBAN RENEWAL. THIS IS ABOUT THE TIME PERIOD THAT THIS AREA WAS BEING ADDED. SO YOU CAN SEE JUST THE SIGNIFICANT AMOUNT OF CLEANUP THAT HAS OCCURRED. ONE OF THE COMMON ISSUES FOR ALL OF THE SITES WITHIN THIS SURROUNDING AREA HAS BEEN SHALLOW BASALT. THE SNAKE RIVER DISTRICT DID A LOT OF ROCK BLASTING IN THE AREA. JUST IN TERMS OF BACKGROUND AND LOOKING AT THE AREA, THIS IS PART OF THE CITY'S COMPREHENSIVE PLAN SHOWS MIXED USE CENTERS AND CORRIDORS, SO YOU EXPECT TO SEE BOTH RESIDENTIAL, COMMERCIAL, OFFICE, JUST A VARIETY OF USES HERE. THERE'S ALSO SOME PARKS AND OPEN SPACE TO THE EAST THERE ALONG THE RIVER, AS FAR AS ZONING, THERE ARE TWO ZONING DISTRICTS WITHIN THE STUDY AREA, THE CENTRAL COMMERCIAL, WHICH IS SORT OF THAT FUCHSIA COLOR.THAT'S ZERO SETBACK ZONE THAT WAS MEANT FOR MORE OF A TRADITIONAL DOWNTOWN FLAVOR OF DEVELOPMENT, SO TO SPEAK. AND THEN SITE THREE IS ZONED HIGHWAY AND GENERAL COMMERCIAL, WHICH IS MEANT TO BE FOUND ALONG MAJOR ARTERIALS AND ROADWAYS TO SERVE THE TRAVELING PUBLIC. SO AS FAR AS THE 15 CRITERIA, I'LL JUST WALK THROUGH EACH OF THESE WITH A WITH A SUMMARY OF WHAT. WHAT I FOUND IS PART OF THE STUDY. CRITERION ONE DEALS WITH WHETHER OR NOT THERE ARE SUBSTANTIAL NUMBER OF DETERIORATING STRUCTURES OR DETERIORATION OF THE SITE. THIS CRITERION IS NOT IN THAT, FIRST OF ALL, BECAUSE THERE ARE NO STRUCTURES ON THE SITE, NOTHING TO DETERIORATE.
THERE IS SOME MINOR DETERIORATION THAT YOU CAN SEE IN THAT UPPER LEFT HAND PHOTO ALONG THE SIDEWALK AROUND THE PENALTY IS IN UTAH, BUT NOT ENOUGH TO REALLY WARRANT IT BEING CONSIDERED SUBSTANTIAL IN THE OVERALL STUDY AREA. SO THIS CRITERION IS NOT MET. CRITERION TWO IS VERY SIMILAR, LOOKING AT THE AGE OR OBSOLESCENCE OF STRUCTURES ON THE SITE. AGAIN, THERE ARE NO STRUCTURES. IT'S HARD TO CALL IT OBSOLETE. THESE ARE DEVELOPABLE PARCELS. SO CRITERION TWO WAS NOT MET. THREE AND FOUR DEAL WITH STREET NETWORK AND STREET PATTERN. THIS IS A WELL DEVELOPED AREA. STREETS ARE WELL CONNECTED. IT HAS GOOD REGIONAL CONNECTIVITY TO ARTERIALS THAT ARE ON THE PERIMETER. IT MOVES TRAFFIC AT , YOU KNOW, AT AN APPROPRIATE PACE. IN CONVERSATION WITH CITY STAFF AND PUBLIC MEETING LAST MONTH, I DID LOOK INTO WHETHER OR NOT A TRAFFIC STUDY WAS DESIRED. THE CITY ENGINEER DID RECOMMEND A NEW TRAFFIC STUDY FOR THE BROADER AREA. HOWEVER, THIS IS A LITTLE BIT TRICKY IN THE STUDY AREA THAT WAS SELECTED BECAUSE ONLY A SMALL AMOUNT OF RIGHT OF WAY IS ACTUALLY SELECTED, SO THERE MAY BE SOME PARTNERSHIP IN THE FUTURE. BUT IN TERMS OF WHAT'S HAPPENING ON THE SITE TODAY, EITHER THESE CRITERIA WERE MET. IN TERMS OF CRITERIA FIVE, VERY SIMILAR. AGAIN, COURTNEY, IS THERE ANY NEED FOR CORRELATION WITH STREETS AND MODERN TRAFFIC REQUIREMENTS? THE STREETS, AS I MENTIONED, ARE WELL CONNECTED TO THE OVERALL NETWORK WITHIN THE CITY. THE REASON I FOUND THAT THIS ONE WAS MET ACTUALLY HAS TO DO WITH THE PEDESTRIAN PORTION OF THE STREET NETWORK. YOU CAN SEE HERE IN THESE PHOTOS THAT THERE ARE GAPS IN THE SIDEWALK NETWORK. THAT PHOTO ON THE UPPER LEFT IS A CANAL PATH THAT GOES ALONG THE SOUTHERN OR THE EASTERN SIDE OF THE PORTER CANAL, AND THEN THE RIGHT HAND PHOTO IS ALONG UTAH, WHERE THERE'S A GAP IN THE SIDEWALK BETWEEN TAYLOR CROSSING AND ROUGHLY CITIZENS COMMUNITY BANK, WHERE THERE'S NO PEDESTRIAN FACILITY. SO IN TERMS OF THE PEDESTRIAN SIDE OF THINGS, CRITERION FIVE WAS MET IN NUMBER SIX AND NINE. WE'RE LOOKING AT WHETHER OR NOT THERE'S A FAULTY LOT LAYOUT OR DIVERSITY OF OWNERSHIP. NEITHER OF THESE ARE MET. ALL OF THE PROPERTY OWNERS ARE THE SAME FOR ALL OF THE PARCELS IN THE STUDY AREA, AND THESE ARE PLATTED LOTS READY TO DEVELOP. THERE ARE SUFFICIENT SIZE AND HAVE ADEQUATE ACCESS IN ORDER TO DEVELOP, SO THESE WERE NOT MET. CRITERION SEVEN IS WHAT I WOULD CALL THE PRIMARY QUALIFYING CONDITION FOR THE AREA UNSUITABLE TOPOGRAPHY, AND THIS IS GOING TO BE IN REFERENCE TO THE BASALT. IT'S IN THE AREA. IN THE REPORT, YOU'LL SEE THAT IN THE NARRATIVE THAT THE THERE WAS A GEOTECH STUDY ON SITE ONE, WHERE THE HOTEL WAS PLANNED TO BE BUILT, THAT SHOWED THAT THERE WAS BASALT AS SHALLOW AS TWO FEET THERE ON THE EASTERN SIDE OF THE PROPERTY, IT DROPS TO 10 OR 12FT AS YOU GET CLOSER TO THE CANAL. SO IT'S A LITTLE BIT UP AND DOWN. IF I LOOK AT THIS MAP HERE, THIS SHOWS YOU FROM THE USGS MAPS AND THEIR SOIL SURVEYS, WHERE YOU SEE THE PINK. THAT IS WHAT THEY REFER TO AS A AS A ROCK OUTCROP WHERE THEY EXPECT TO FIND SHALLOW ROCK. YOU CAN SEE THE SITE THREE IS NOT IN THAT PINK OR IT JUST HAS A PORTION OF IT. BUT EVEN WITH THAT BEING SAID, MOST OF THESE SITES THAT HAVE DEVELOPED OVER THE LAST COUPLE OF DECADES HAVE HAD ISSUES WITH ROCK AND NEED SOME ASSISTANCE TO COVER THOSE COSTS. IT MAKES IT VERY CHALLENGING AND EXPENSIVE TO DEVELOP. SO CRITERIA SEVEN IS
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MET. CRITERIA EIGHT AND 12 HAVE TO DO WITH UNSANITARY AND UNSAFE CONDITIONS AND CONDITIONS WHICH ENDANGER LIFE AND PROPERTY OR PROPERTY. I FOUND THAT CONDITION EIGHT WAS MET LARGELY BECAUSE OF THE PIT THAT YOU SEE IN THAT LOWER PHOTO AND ON THE UPPER PHOTO AS WELL, AND NOT SO MUCH BECAUSE IT EXISTS AND THAT IT'S UNPROTECTED, BUT BECAUSE YOU CAN SEE THAT THERE ARE CLEARLY PEOPLE THAT DRIVE AROUND THAT PIT, AND THAT IS AN UNSAFE CONDITION. IT SHOULD BE REMEDIATED. SO CRITERIA EIGHT IS MET. CRITERIA 12, HOWEVER, IS REALLY LOOKING, AS I READ THE STATUTE, LOOKING AT THINGS LIKE FLOODING AND FIRE HAZARDS, THERE MIGHT BE SOME MINOR FLOODING RISK FROM THE CANAL, BUT SO CHANNELIZED AND THE BANKS ARE SO DEEP IT WOULD HAVE TO BE A PRETTY INCREDIBLE EVENT TO POSE A FLOODING RISK. SO I DID NOT FIND THE CRITERIA 12 WAS MET.CRITERIA TEN AND 11 LOOK AT TAX DELINQUENCY OR ISSUES IN TITLE. I TYPICALLY DO NOT REVIEW THESE UNLESS THERE'S A KNOWN ISSUE. SO THESE WERE NOT REVIEWED. AND THEREFORE THERE ARE NO FINDINGS ON THESE CRITERIA ARE NOT MET EITHER. SO THEN FOR THE FINAL THREE CRITERIA 13, 14 AND 15, THESE DEAL WITH ECONOMIC DEVELOPMENT OR UNDERDEVELOPMENT AND IMPAIRMENT OR GROWTH IN TERMS OF 13, WHETHER OR NOT THIS AREA IS IMPAIRING THE MUNICIPALITY TO BE ABLE TO GROW THAT CRITERION IS NOT MET, AS EVIDENCED BY THE FAST GROWTH THAT'S HAPPENING IN THE AREA.
THE AREA IS CONTINUING TO DEVELOP AND THE MUNICIPALITY IS CONTINUING TO DEVELOP. BUT IF YOU LOOK MORE MAYBE SPECIFIC TO THESE SITES AND THE IMMEDIATELY ADJACENT SITES, NUMBER 14, THAT CRITERION IS MET. THE BASALT DOES POSE CHALLENGES AND HAS CREATED ISSUES IN TERMS OF BEING ABLE TO DEVELOP AT THE SAME PACE AS THE SURROUNDING PROPERTIES. AND SO BECAUSE OF THAT, NUMBER 15, I DID ALSO FIND WAS MET THAT THERE IS AN ECONOMIC UNDERDEVELOPMENT AND DISUSE BECAUSE OF THAT ROCK AND THAT INABILITY TO DEVELOP IN THE SAME WAY THAT A PROPERTY THAT DIDN'T HAVE THESE CONDITIONS WOULD BE ABLE TO DEVELOP. SO TO SUMMARIZE, SIX OF THE 15 CRITERIA ARE MET. THEY'RE HIGHLIGHTED HERE. REALLY. AGAIN, NUMBER SEVEN, THE UNSUITABLE TOPOGRAPHY IS THE PRIMARY CONDITION. SO THE AREA IS ELIGIBLE TO BECOME AN URBAN RENEWAL DISTRICT. SO THAT GETS US TO THE FINAL LOOK AT THE 10% LIMITATION ON ASSESSED VALUATION. SO JUST AS A REMINDER, THE TOTAL THE TOTAL VALUATION OF ALL URBAN RENEWAL DISTRICTS IN A IN A CITY CANNOT EQUAL MORE THAN 10% OF THE CITY'S TOTAL VALUATION. SO WHAT I'VE DONE HERE IS INCLUDED NOT ONLY THE EXISTING DISTRICTS, BUT ALL OF THE ONES THAT YOU ARE CURRENTLY CONSIDERING OR HAVE RECENTLY APPROVED. SO SNAKE RIVER, WEST YELLOWSTONE SQUARE, THOSE HAVEN'T QUITE SHOWN UP YET. IN THE REPORTS FROM THE COUNTY BECAUSE THERE'S SO NEW.
BUT WE DO HAVE THE VALUES FROM FROM PREVIOUS REPORTS. SO WHEN YOU LOOK AT ALL OF THOSE COMBINED, YOU'RE STILL AT ONLY 1.46% OF THE CITY'S VALUE. SO WELL WITHIN THE 10% LIMITATION.
AND SO THIS COULD PROCEED FORWARD IF THE IF THE AGENCY AND THE CITY WISH TO CREATE THE DISTRICT. SO WITH THAT, I WOULD BE HAPPY TO ANSWER ANY QUESTIONS THAT YOU MIGHT HAVE. SEE. ARE THERE ANY QUESTIONS? OKAY. SO IT LOOKS LIKE YOU'RE FOCUSED FOCUSES A LOT ON THE BASALT AND THE NEED TO REMOVE THAT. YOU DO LOOK AT THE PATHWAY THAT THE PATH THE PATHWAY CONNECTION ALL THE WAY THROUGH WOULD BE HELPFUL. YEAH. YEAH. AS A SAFETY ISSUE AND JUST OVERALL CONNECTIVITY ISSUE FOR THAT TYPE OF TRAFFIC OKAY. ALL RIGHT. ALL RIGHT. VERY GOOD I THINK THERE'S NO QUESTIONS. WE'LL MOVE ON TO THE RESOLUTION. SO WE HAVE A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY. I'LL HAVE MEGAN READ THAT BY TITLE. BUT JUST TO EXPLAIN. SO WHAT WE DO HERE IS WE FIRST DECIDE WHETHER AN AREA IS ELIGIBLE THAT MEETS ANY ELIGIBILITY CRITERIA. AND THEN WE ONCE WE DO THAT, IT THEN GOES TO THE NEXT PHASE OF PREPARING AN URBAN RENEWAL PLAN. CORRECT ME. GRATITUDE. IT GOES TO THE CITY COUNCIL NEXT FOR ELIGIBILITY FIRST, RIGHT? YES. GOES TO CITY COUNCIL FOR TO SEE IF THEY AGREE THAT IT'S ELIGIBLE. AND THEN ONCE THAT'S DONE, THEN IT COMES BACK AND WE DEVELOP A PLAN OF WHAT WE WANT, WILL HELP FINANCE WHICH WILL FINANCE WITH THEIR TAX INCREMENT, THE TAX DOLLARS THAT THEY WOULD OTHERWISE PAY TO THE COUNTY AND CITY WILL COME TO US FOR SOME YEARS. WE'LL REIMBURSE THEM TO DO THINGS LIKE THE BASALT AND THE FOUNDATIONS AND HELP THEM GET THE HOTEL BUILT,
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AND THEN REPAY THEM WITH WITH THOSE FUNDS. SO WE'LL LOOK AT THAT PLAN AS KIND OF THE SECOND STEP OF WHAT THE ECONOMICS OF THE PLAN IS. THIS IS JUST DOES THIS SEEM LIKE AN AREA THAT WE SHOULD AND SHOULD HELP WITH? I THINK FOR SOME HISTORICAL CONTEXT ALONG THE RIVER THERE, WE'VE GENERALLY WE'VE HELPED WITH A LOT OF FOUNDATIONS AND BASEMENTS, BECAUSE JUST A SLAB OF ROCK IS HARD TO DEAL WITH, AND WE WOULDN'T BE ABLE TO ACCOMPLISH, YOU KNOW, PART OF OUR OBJECTIVE, OUR MISSION, IS TO HELP PRESERVE THE URBAN CORE OF THE CITY, ESPECIALLY ALONG THE RIVER. AND THE MORE WE CAN GET, I THINK WE FEEL LIKE THE MORE WE CAN GET THINGS CLOSE TO THE CENTER, THE LESS NEW ROADS, THE LESS NEW INFRASTRUCTURE HAS TO BE BUILT AND MAINTAINED AND YOU KEEP THINGS CLOSE AND IT'S JUST CHEAPER FOR THE TAXPAYER IF WE CAN KEEP THINGS CLOSE. SO THIS HOTEL SEEMS TO BE THAT WOULD DO THAT. INSTEAD OF HAVING A HOTEL OUT ON A POTATO FIELD AND HAVE TO BUILD MORE INFRASTRUCTURE OUT TO IT, WE CAN GET A HOTEL WHERE WE ALREADY HAVE ALL THE INFRASTRUCTURE, WHICH HELPS. SO OKAY, SO THE RESOLUTION. MEGAN, CAN YOU READ THE RESOLUTION BY TITLE? THANK YOU, MR. CHAIR. COMMISSIONERS, THIS IS RESOLUTION NUMBER 2020 FIVE, DASH ZERO SEVEN BY THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF IDAHO FALLS, IDAHO. A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE URBAN RENEWAL AGENCY OF THE CITY OF IDAHO FALLS, IDAHO, ALSO KNOWN AS IDAHO FALLS REDEVELOPMENT AGENCY. ACCEPTING THAT CERTAIN REPORT ON ELIGIBILITY FOR CERTAIN PROPERTY, REFERRED TO AS THE RIVERWALK AREA, AS AN URBAN RENEWAL AREA AND REVENUE ALLOCATION AREA, AND JUSTIFICATION FOR DESIGNATING THE AREA AS APPROPRIATE FOR AN URBAN RENEWAL PROJECT. TO MAKE ANY NECESSARY TECHNICAL CHANGES TO THE REPORT. AUTHORIZING AND DIRECTING THE CHAIRMAN OR ADMINISTRATOR TO TRANSMIT THE REPORT AND THIS RESOLUTION TO THE CITY COUNCIL OF THE CITY OF IDAHO FALLS REQUESTING ITS CONSIDERATION FOR DESIGNATION OF AN URBAN RENEWAL AREA AND SEEKING FURTHER DIRECTION FROM THE COUNCIL AND PROVIDING AN EFFECTIVE DATE. VERY GOOD. THANK YOU. MEGAN. ALL RIGHT. IS THERE A MOTION TO PASS THAT RESOLUTION NUMBER 2020 507. SO MOVED. IS THERE A SECOND SECOND? OKAY. ANY FURTHER DISCUSSION? ALL IN FAVOR SAY I, I, I ANY OPPOSED. SAY NAY. ALL RIGHT A MOTION PASSES. SO THAT WILL GO TO CITY COUNCIL. SEE WHAT THEY THINK. ALL RIGHT.[5. ACTION ITEM: Finance Explanation Regarding IFRA Audit with Rudd & Company (RFP?)]
NEXT ITEM IS NUMBER FIVE FINANCE EXPLANATION REGARDING IF REGARDING OUR AUDIT WITH RUSSIAN COMPANY. AND WE HAVE CASSIE HERE WITH US WHO IS AMAZING IN HELPING US WITH OUR FINANCES. SO CASSIE, IS THAT TIME. YES. ALL RIGHT. THANK YOU. SO WE WANTED TO TALK A LITTLE BIT ABOUT THE AUDIT, BECAUSE WE RECEIVED A LETTER FROM OUR AUDITORS ABOUT A MONTH, A MONTH OR SO AGO, ABOUT A MONTH AND A HALF, INDICATING TO US THAT THE PARTNER THAT HELPS FACILITATE OUR AUDIT IS RETIRING THIS YEAR. HIS HE'S RETIRING EFFECTIVE OCTOBER 30TH. HE DID SEND US A LETTER INDICATING TO US THAT HE HAS A FEW PEOPLE TAKING OVER HIS AUDIT SIDE OF HIS PRACTICE, AS WELL AS HIS TAX SIDE. AND SO AFTER RECEIVING THIS LETTER, IT KIND OF OPENED OUR EYES AND GAVE US AN OPPORTUNITY THAT IF WANTED TO SEE IF THIS IS SOMETHING THAT YOU WANTED TO PURSUE. STILL, IF WE WANTED TO KEEP RUDDEN COMPANY MOVING FORWARD AS OUR AUDITORS, WE HAVE HAD THEM FOR QUITE SOME TIME NOW. BUT NOW THAT SCOTT BOND IS RETIRING, IT KIND OF GAVE US AN OPPORTUNITY TO REEVALUATE AND KIND OF SEE WHERE WE'RE AT WITH THAT, WITH THAT, WE ALSO LOOKED INTO OTHER OPTIONS. WE HAVE A NEW AUDITOR THAT WE HAD THIS LAST YEAR WITH THE CITY OF IDAHO FALLS, MOSS ADAMS. WE REACHED OUT TO THEM, ASKED THEM TO GIVE US AN ESTIMATE AS TO HOW MUCH IT WOULD BE TO INCLUDE A AUDIT. WITH THE CITY'S AUDIT, THEY CAME BACK AND SAID THAT THE ESTIMATE WOULD BE ABOUT $22,000. SO RIGHT NOW WE PAY 7000. SO IT'S QUITE SIGNIFICANTLY MORE WITH THE ADDITION TO AN ADDITIONAL $6,000 TO PREPARE FINANCIAL STATEMENTS AND THINGS OF THAT NATURE. SO THOUGHT THAT I WOULD SHARE THAT, THAT THAT'S AN OPTION. ANOTHER OPTION IS, IS WE COULD JUST KEEP RUDD AND COMPANY AND START WORKING WITH A NEW PARTNER, START WORKING WITH DIFFERENT ASSOCIATES AND THINGS THAT THEY ASSIGNED TO THE AUDIT. OR ANOTHER OPTION COULD BE THAT WE GO OUT TO BID. THE BID PROCESS DOES TAKE ANYWHERE FROM 2 TO 3 MONTHS. SO THOSE ARE THE OPTIONS[00:25:04]
THAT WE HAVE AT THIS POINT. I'M NOT SURE WHAT THE BOARD WOULD LIKE TO DO, BUT WE WANTED TO PRESENT THAT AND LET YOU DECIDE WHAT DIRECTION WE SHOULD MOVE MOVING FORWARD WITH THAT. SO A COUPLE QUESTIONS. WE'VE HAD THE OTHER PARTNER THAT'S PRESENTED TO US. WE HAVEN'T HAD SCOTT PRESENT TO US FOR A COUPLE OF YEARS. YEAH. SO STACY LEMON SO SCOTT HAS KIND OF BEEN OVERSEEING THE AUDIT, BUT HE ASSIGNED STACY LEMON, WHO IS, I BELIEVE, A MANAGER. SHE'S BEEN THE ONE THAT HAS REACHED OUT ABOUT A LOT OF THE INFORMATION, THE REQUESTS, THINGS LIKE THAT.SHE WOULD SEND US THE DRAFT OF THE FINANCIAL STATEMENTS AND, YOU KNOW, WOULD COORDINATE WITH US THAT WAY. THIS LAST YEAR, SHE, I BELIEVE, WAS OUT OF THE OFFICE HERE AND THERE. AND SO THEY DID ASSIGN, I BELIEVE, AN ASSOCIATE OR A NEW MEMBER TO OUR AUDIT THAT WAS ASKING FOR REQUESTS AND THINGS LIKE THAT. BUT SCOTT DID DO A LITTLE BIT MORE IN OUR ACTUAL AUDIT THIS THIS LAST YEAR THAN PRIOR YEARS, BECAUSE I KNOW STACY HAS DONE THAT. SO STACY IS STILL AROUND, I BELIEVE. SO I DON'T KNOW THAT SCOTT'S LEAVING. I DON'T KNOW IF THEY'VE RESTRUCTURED. LIKE WHO WOULD BE A PART OF THE AUDIT IF WE WERE TO KEEP THEM, IF IT WOULD CONTINUE TO BE? STACY.
THAT'S SOMETHING THAT I CAN REACH OUT TO RUDD ON. HE DID NOT MENTION STACY'S NAME IN HIS LETTER. HE MENTIONED A COUPLE OF OTHER EMPLOYEES, SO I WOULD HAVE TO REACH OUT TO RUDD ON THAT TO SEE IF STACY WOULD STILL BE KIND OF THE ONE OVERSEEING THE AUDIT. OKAY. WHO'S THE SO WE KNOW WHO THE CITY IS USING. DO YOU KNOW WHO THE COUNTY IS USING? YEAH. IT HASN'T GOT TO THAT POINT YET OF THE YEAR. BUT OKAY. THAT'S INTERESTING. ANY INPUT. DO THEY GIVE ANY INDICATION AS TO WHAT THEY WOULD CHARGE GOING FORWARD. READ. IT SOUNDS LIKE NO JUNIOR PEOPLE. YEAH. SO THEY HAVE NOT.
THAT'S TYPICALLY SOMETHING THAT WE RECEIVE IN THE ENGAGEMENT LETTER. ONCE WE REACH OUT TO THEM AND THEY SEND US OVER THAT, THEY SEND OVER WHAT IT WOULD COST. BUT AGAIN, THAT'S I'M MORE THAN HAPPY TO REACH OUT TO READ NOW THAT SCOTT'S RETIRING TO FIGURE OUT KIND OF A PRICE POINT AS FAR AS WHAT THEY WOULD CHARGE FOR, THAT SEEMS PRUDENT. THAT'S GOOD. YEAH, WE HAD DISCUSSED, DIDN'T WE DISCUSS LAST YEAR ABOUT MOVING FORWARD WITH A DIFFERENT AUDITOR IN THE FUTURE, JUST FOR A NATURAL TIME CYCLE? IT IS GOOD TO SWITCH AUDITORS EVERY SO OFTEN. WE HAVE BEEN WITH THEM FOR SOME TIME AND IT GETS GIVEN SOME CONSIDERATION TO MAKING A SWITCH THIS COMING YEAR OR THE FUTURE. I DON'T THINK WE HAD AN UNDERSTANDING OF LIKE IF IT WOULD BE SIGNIFICANTLY MORE EXPENSIVE WITH A DIFFERENT GROUP, BUT WE COULD CONSIDER PUTTING THAT OUT FOR BID AS WELL. WHAT IS THE TIMELINE ON? LIKE YOU MENTIONED THAT A BID PROCESS WOULD TAKE SOME TIME.
WHEN DO WE NEED TO HAVE A NEW AUDITOR ON ON BOARD? SO YEAH, THAT'S A GREAT QUESTION. MY RECOMMENDATION AT THIS POINT, BECAUSE WE'RE AT THE END OF JUNE, I WOULD SUGGEST THAT WE HOLD OUT AND KEEP READ FOR ONE MORE YEAR AND THAT WE REVISIT IF WE WANT TO GET A NEW AUDITOR, THAT THAT WOULD GO OUT TO BID SOMETIME EARLY NEXT YEAR, MAYBE JANUARY, FEBRUARY, MARCH, BECAUSE WE'RE AT THE POINT NOW WHERE WE'RE TRYING TO PREPARE THE BUDGET AND, YOU KNOW, IT.
AUDIT SEASON IS QUICKLY APPROACHING WITHIN THE NEXT COUPLE OF MONTHS. SO WE'RE KIND OF IN A WEIRD TIME FRAME RIGHT NOW WHERE IT JUST SEEMS A LITTLE TIGHT TO TRY TO GO OUT FOR BID AND FIND AN AUDITOR. MEANWHILE, TRYING TO BUDGET, NOT KNOWING WHAT A NEW AUDITOR WOULD COST.
SO IN MY OPINION, THAT WOULD BE MY RECOMMENDATION. BUT IT'S WHATEVER THE BOARD WOULD LIKE TO SAY. YEAH, AND IT SEEMS LIKE THIS IS KIND OF A SPECIALIZED KNOWLEDGE BASE. MAYBE. HAVE WE CONSIDERED WHAT OTHER AREAS ACROSS THE STATE, WHAT FIRMS THEY USE? YEAH, AND I THINK THE REASON WHY I KNOW THE CITY HAS HAD RUNNING COMPANY BEFORE, BUT I THINK FROM WHAT I UNDERSTAND AND MAYBE WHAT FROM WHAT I'VE HEARD IN THE PAST, IS THAT THE REASON WHY THEY WENT WITH ROAD IS BECAUSE IT'S LOCAL TO SUPPORT LOCAL BUSINESS. YOU KNOW, THEY HAVE DONE GREAT WORK IN THE PAST FOR US THIS LAST YEAR WITH STACY, SHE WAS GONE QUITE A BIT. IT HAD A LITTLE BIT OF ROUGH MOMENTS TRYING TO WORK WITH A NEW ASSOCIATE AND THINGS LIKE THAT. BUT I THINK THAT'S ONE OF THE REASONS WHY THEY HAVE KEPT SO LONG WITH RUDD. SO OKAY, BUT THOSE ARE OUR DIFFERENT OPTIONS.
[00:30:05]
SO MEGAN, YOU'RE STILL ONLINE. DO YOU HAPPEN TO KNOW WHAT AMON OR POCATELLO ARE USING? NOT OFF THE TOP OF MY HEAD, BUT I CAN SEND OUT A QUICK EMAIL TODAY AND GET BACK TO YOU RIGHT AWAY.OKAY. I DON'T KNOW WHAT'S THE CONSENSUS. I MEAN, I THINK CHRIS BRINGS UP A GOOD POINT AND WE'VE KIND OF PROCRASTINATED HIS POINT. WE'VE THOUGHT ABOUT THAT IN THE PAST YEARS, THAT A NEW SET OF EYES MAY POINT OUT THINGS THAT WE COULD IMPROVE ON, AND THAT WOULD BE HELPFUL, BUT IT IS KIND OF LATE IN IF IT'S LATE IN THE SEASON THAT WE DON'T. WE ALSO NEED THE EXPERIENCE.
THEY'VE DONE IT. THEY HAVE THEIR FORM, THEY KNOW THEY'VE DONE A GOOD JOB IN THE PAST. SO WHAT'S THE WHAT'S THE CONSENSUS? DO WE WANT TO MAKE A SHOP? WHAT IS THE DEADLINE THAT YOU WOULD RECOMMEND IF THIS IS LATE IN THE SEASON? I MEAN MOVING FORWARD. YEAH. SO KIND OF GOING BACK TO THAT WITH THE BID PROCESS, IT COULD TAKE UP TO 2 OR 3 MONTHS. BUT THE THING IS, IS WE WOULD HAVE TO SEND OUT AN ENGAGEMENT LETTER. AND I BELIEVE I WOULD NEED TO LOOK AT MY CALENDAR. I CAN'T REMEMBER EXACTLY WHEN WE GET THAT. I WANT TO SAY IT'S LIKE IN AUGUST OR SEPTEMBER.
IT'S SOON. SO WE REALLY WE REALLY ARE CLOSE TO A DEADLINE AS FAR AS WE WOULD HAVE TO GO OUT TO BID, WE'D HAVE TO HOPEFULLY MAKE THAT IN TIME. BUT IT DOES SEEM A LITTLE BIT CLOSE WHEN THE FISCAL YEAR ENDS ON 930. AND IF WE CHANGE, DO WE HAVE TO GO TO BID, OR CAN WE CHOOSE ANOTHER FIRM THAT DOES? THE SPECIFIC TIME THAT I THOUGHT WE HAD TO GO OUT TO BID, BUT I CAN DOUBLE CHECK ON THAT. I THINK THAT'S RIGHT. WE DON'T HAVE WE HAVEN'T DONE AN OVERALL RFP FOR THIS, I THINK, OR RFQ. I THINK WE'D HAVE TO GO OUT TO BID. IS THAT RIGHT, MEGAN? WELL, THE TOTAL AMOUNT IS FAIRLY DE MINIMIS. I DON'T THINK WE HAVE TO DO A TWO FORMAL OF A PROCESS, BUT SOMETIMES IT IS GOOD JUST TO SEE, YOU KNOW, WHAT'S OUT THERE. OKAY. IT DOES. IT DOES SEEM LIKE GIVEN THE TIMELINE, IT MIGHT BE PRUDENT TO STICK WITH RUDD FOR THIS YEAR, BUT I THINK IT WOULD BE GOOD TO LIKE, MAKE A NOTE FOR OURSELVES OR SOMETHING LIKE THAT. A REMINDER FOR LIKE DECEMBER ISH TO REVISIT THIS IDEA FOR THE POSSIBILITY OF DOING AN RFP OR. YEAH, AND GOING ALONG WITH THAT. THE OTHER REASON TO START IT EARLIER IS THAT WAY YOU CAN GET A HEAD START ON THE BUDGET AS WELL. RIGHT NOW, WE'RE PRETTY MUCH FINALIZING THE BUDGET. AND SO IT WOULD BE HARD TO TRY TO COME UP WITH A REASONABLE BUDGET NUMBER, NOT KNOWING WHAT THAT WOULD ENTAIL. ALL RIGHT. IS THAT A MOTION THEN, CHRIS, TO STICK WITH ONE COMPANY THIS YEAR AND THEN PUT A NOTE ON KASEY'S CALENDAR THAT IN JANUARY 1ST WE GO OUT FOR SOME. CHECKING OUT POSSIBILITIES. YES. SO MOVED SECOND. ALL IN FAVOR SAY AYE. AYE. ANY OPPOSED? SAY NAY. ALL
[6. ACTION ITEM: Approval of the Memorandum of Understanding with Angelo Development for a Proposed Urban Renewal District]
RIGHT. VERY GOOD. THANK YOU. ALL RIGHT. THERE'S APPROVAL OF. THE NEXT ITEM IS APPROVAL OF THE MEMORANDUM OF UNDERSTANDING WITH ANGELO DEVELOPMENT FOR THE RIVERFRONT PROJECT. DO WE HAVE ANY DO WE HAVE ANY SLIDES ON THIS ONE TO SHOW WHERE THIS IS AT? SO THIS IS ONE, LIKE WE SAID. OH, YEAH. THERE YOU GO. BACK THEM ON. THIS IS AN AREA ALONG THE SNAKE RIVER. A DEVELOPER NAMED ANGELO DEVELOPMENT HAS BEEN ABLE TO BUY QUITE A BIT OF THE PROPERTY THERE. AND IT IS AND IS PROPOSING TO DEVELOP IT. WE HAVE TALKED TO THEM. THEY CAME LAST TIME AND EXPLAINED THE PROJECT. WE WERE INTERESTED IN HELPING WITH THEM. AGAIN, THIS IS THIS IS RIGHT BY JOHN HOLT'S BRIDGE. IT'S THAT CHUNK OF LAND THAT'S ESSENTIALLY A BIG A BIG ROCK.IT'S GOING TO BE A LITTLE HARD TO BUILD UP, BUT IT'S ALSO REALLY CENTRAL TO OUR COMMUNITY.
IT'S ALSO GOING TO BE CENTRAL AS THE HIGHWAY GETS REDIRECTED. AND THIS WILL BE ONE OF THE MAIN FRONT PIECES TO THE CITY. SO WE WANTED TO SEE IF WE CAN HELP THEM. SO THIS MEMORANDUM OF UNDERSTANDING OUTLINES THAT THEY WOULD PAY US SOME MONEY SO THAT WE COULD DO AN MOU. THEY'LL PAY US $5,000 UP FRONT AND THEN $20,000 WHEN THE CITY COUNCIL APPROVES. AND THE ELIGIBILITY REPORT. AND SO IT'S THE SAME KIND OF THING THAT BRAD JUST DID. IT WOULD BE SETTING THIS UP TO DO ANOTHER REPORT LIKE WE JUST LOOKED AT, SO WE COULD DECIDE WHETHER IT WAS ELIGIBLE OR NOT. IS THERE ANY WHO IS INVITED TO PRESENT ON THIS ONE? NO, JUST. OKAY. MEGAN, DO YOU HAVE ANYTHING TO ADD ON IT? YOU DRAFTED THIS? YES. THANK YOU. I DID DRAFT THE MEMORANDUM OF
[00:35:08]
UNDERSTANDING. IT IS CONSISTENT WITH PRIOR MEMORANDUM OF UNDERSTANDINGS THAT YOU'VE HAD WITH DEVELOPMENT GROUPS. THERE'S BEEN NO CHANGE HERE. ALL RIGHT. VERY GOOD. SO WE JUST NEED AN APPROVAL OF THE MEMORANDUM OF UNDERSTANDING. IS THERE ANY FURTHER DISCUSSION OF THIS PROJECT? JUST A LITTLE MORE BACKGROUND, KARL. THIS IS THEY HAVE SOME IDEA THEY WOULD LIKE MAYBE SOME HOTEL, A HOTEL AND SOME RETAIL. THEY'RE STILL OPEN TO WHETHER THERE COULD BE SOME RESIDENTIAL. IT ALSO IS GOING TO INCLUDE A NEW. GYM. I KNOW THAT THERE'S A LOCAL FAMILY WHO WANTS TO BUILD A GYM IN THERE. SO IT'S STILL KIND OF UP IN THE AIR WHAT THEY DO WITH IT. BUT THEY'RE ALSO THIS IS THE SAME DEVELOPER WHO'S BUILT THOSE WHITE TOWNHOMES ALONG FREMONT AVENUE.AND THAT HE DID THOSE WITHOUT OUR ASSISTANCE. BUT THEY TURNED OUT THAT'S BEEN AN IMPROVEMENT TO THAT NEIGHBORHOOD. SO THAT'S THAT'S WHAT WE'RE LOOKING AT. ANY OTHER QUESTIONS COMMENTS, DISCUSSION. CHAIR I MOVED TO APPROVE THE MEMORANDUM OF UNDERSTANDING BETWEEN THE AGENCY AND ANGELO DEVELOPMENT AS PRESENTED. SECOND. ALL RIGHT. ANY FURTHER DISCUSSION? ALL IN FAVOR SAY AYE. AYE. ANY OPPOSED? SAY NAY. ALL RIGHT. THAT MOTION PASSES UNANIMOUSLY. ALL RIGHT.
[7. ACTION ITEM: Approval of Task Order #10 Authorizing Brad Cramer to Prepare the Eligibility Report for the Proposed New Riverfront Revenue Allocation Area]
THE NEXT ITEM IS APPROVAL OF TASK ORDER NUMBER TEN, WHICH IS RETAINING BRAD KRAMER TO DO THIS. WE DO HAVE AS YOU CAN SEE, I THINK BRAD DID THIS ELIGIBILITY REPORT THAT WE JUST LOOKED AT. YOU CAN SEE THAT HE'S WAS A VERY THOROUGH JOB OF GETTING US THE INFORMATION, LAYING IT OUT SO THAT EVERYBODY, THE CITY COUNCIL AND US CAN SEE IT. WELL, IT'S ABOUT AS CLEAR AS IT COULD BE. I THINK WE DO HAVE RENEE MCGEE, WHO ALSO HELPS US FROM TIME TO TIME, WHO'S LIVING IN MOSCOW NOW. AND SHE'S ALSO DOES AN EXCELLENT JOB. I THINK BRAD BEING HERE, THIS ONE, IT WOULD BE GOOD TO HAVE BRAD INVOLVED WITH THIS ONE, BECAUSE THIS PARTICULAR INTERSECTION. IS GOING TO BE INTERESTING OVER THE NEXT FEW YEARS, AS THE HIGHWAY CHANGES, IT APPEARS THAT THAT INTERSECTION WILL GO AWAY, WILL BE SOME OTHER TYPE OF GROUND LEVEL INTERSECTION, AND THAT WHOLE AREA IS GOING TO BECOME MORE IMPORTANT OVER THE NEXT COUPLE OF YEARS. AND SO I THINK IT WOULD BE GOOD TO HAVE BRAD AS SOMEONE WHO LIVES HERE LOCALLY, TO STAY IN TOUCH WITH THAT AND HELP US THROUGH THAT PROCESS. ANY OTHER COMMENTS ON ON RETAINING BRAD FOR THIS ONE? NO.BRAD, DO YOU WANT TO HAVE ANY INPUT? I HAVE A QUESTION ABOUT IT. OKAY, OKAY. THANK YOU. I APPRECIATE YOU THINKING OF HAVING ME DO THIS AGAIN. ONE QUESTION I HAVE ABOUT THIS ONE, THOUGH IS ABOUT THE BOUNDARY. AND SO I DON'T KNOW IF THAT MAPS IT WAS JUST UP IS WHAT THE STUDY AREA IS PROPOSED TO BE. BUT GIVEN WHAT YOU JUST SAID ABOUT POTENTIAL CHANGES WITH THE HIGHWAY AND FREEWAY INTERCHANGE, IF THAT'S IF YOU ARE INTERESTED AT ALL IN EXPANDING THAT AT ALL, OR IF THIS IS THE BOUNDARY YOU WANT ME TO STICK WITHIN, AND I'M HAPPY TO DO EITHER ONE. I JUST WANT TO CLARIFY BEFORE I DIVE INTO IT. I GUESS IT WOULD MAKE SENSE TO PICK UP FREMONT, FOR EXAMPLE, AND THAT INTERSECTION FREMONT AND HIGHLAND, IN CASE THERE'S ANY SIGNALIZATION OR THOSE TYPES OF IMPROVEMENTS THAT THE AGENCY MAY WANT TO ASSIST WITH IN THE FUTURE. IT DOESN'T CHANGE THE COST. I DON'T THINK IT'S TOO MINOR OF A EXPANSION, BUT DOES THAT HAVE TO DO WITH THE STATE OWNING THAT LAND? IT'S GOING TO BE RIGHT NOW. CITY IS GOING TO OWN PART OF IT. STATE OWNS PART OF IT. IT'S GOING TO IT'S GOING TO GET MORE CLEAR AS WE MOVE ALONG THAT PROCESS. BUT I THINK IT'S ALSO SAFE TO SAY THAT SOME OF THAT THAT'S IN PUBLIC OWNERSHIP. I KNOW ANGELO WILL BE INTERESTED IN WORKING WITH THE STATE AND THE CITY AND, AND ASKING THAT SOME OF IT BE VACATED TO HIS DEVELOPMENT TO BE PUT INTO PRODUCTIVE TO, YOU KNOW, TAXPAYING USE. BUT IT'S GOING TO BE IT'S SUBJECT TO WHATEVER THE STATE AND CITY OF IDAHO FALLS NEGOTIATE OVER THAT INTERSECTION AND HOW THAT'S GOING TO WORK. BUT CAN WE INCLUDE STATE OWNED PROPERTY IN A YES? MEGAN. ISN'T THAT RIGHT? WE CAN INCLUDE WE CAN INCLUDE PUBLIC OWNED PROPERTY IN THE RENEWAL. YES. THAT'S CORRECT. WE CAN INCLUDE IT. I MEAN, IT SEEMS TO ME THAT IT MAKES SENSE TO GO TO THE, THE AT LEAST THE, THE CENTER LINES OR THE EDGES OF THOSE FREMONT AND THE HIGHWAY,
[00:40:06]
BECAUSE WE DON'T KNOW WHAT'S GOING TO BE INCLUDED AND WHAT'S NOT. I DON'T THINK IT'S GOING TO IMPACT ELIGIBILITY AT ALL. IS THERE ANY WHAT DO YOU HAVE ANY COMMENT ON THAT? MEGAN? DOES THAT SEEM LIKE A GOOD IDEA TO YOU? YES. THANK YOU, MR. CHAIR. COMMISSIONERS, I ULTIMATELY THE BOUNDARY WOULD NEED TO BE DRAWN TO INCLUDE ANYWHERE WHERE YOU WANT TO SPEND REVENUE ALLOCATION DOLLARS IT THIS DOES NOT AFFECT THE MEMORANDUM OF UNDERSTANDING THAT WAS APPROVED. THAT CERTAINLY WAS JUST A PRELIMINARY DRAFT OF THE STUDY AREA. AND SO I DO THINK FOR PURPOSES OF MOVING FORWARD, IF WE THINK DOLLARS ARE GOING TO BE SPENT IN THAT RIGHT OF WAY, IT'S BETTER TO JUST MOVE THE BOUNDARY. DID WE TALK LAST TIME ABOUT THINKING THAT WOULD TAKE LONGER? BECAUSE IT DEPENDS ON HOW LONG THE STATE TAKES TO MOVE 20. RIGHT? I THINK THAT MAY BE UP IN THE AIR FOR SOME TIME. I THINK WE WANT TO RETAIN FLEXIBILITY BECAUSE OF THAT. ALSO, DO WE NEED TO MOVE ALONG THE RIVER, THAT BOUNDARY TO WHERE THE PATHWAY IS? CHRIS I'M SORRY. YEAH, I WAS JUST GONNA SAY I DON'T THINK IT HURTS TO INCLUDE IT WITHIN THE BOUNDARY. AND IF THE STATE DOESN'T MOVE ON IT, IF IT DOESN'T CHANGE, THEN IT DOESN'T CHANGE. BUT WE HAVE THE FLEXIBILITY TO HAVE IT INCLUDED THERE AND BE ABLE TO DO SOMETHING. IF SOMETHING DOES HAPPEN THERE, IF WE DON'T INCLUDE IT, THEN WE CAN'T EVER INCLUDE IT BECAUSE IT WON'T BE FOUND TO BE ELIGIBLE. BUT IF WE DO INCLUDE IT, WE CAN ALWAYS CUT IT BACK. SO WE TELL BRAD TO GO AHEAD AND EXPAND THE BOUNDARY TO CENTER LINES. AND I THINK TO THE HIGH WATER MARK OF THE RIVER OR WHATEVER, BECAUSE PART OF THIS DEVELOPMENT IS HE VERY MUCH WANTS TO HELP IMPROVE THE PEDESTRIAN WAY. THAT'S PART OF THE CRUCIAL PART OF THE WHOLE DEVELOPMENT IS TO HAVE GOOD ACCESS TO THE RIVERWALK. SO OKAY, THAT SOUNDS GOOD. ALL RIGHT. THAT COMPLETES WE APPROVE THAT TASK ORDER. DO WE APPROVE THAT? WE DID THAT RIGHT. NEXT ITEM IS RYAN ARMBRUSTER'S RETIREMENT. WE GOT A LETTER FROM RYAN ARMBRUSTER OF EDMUND BURKE. OH. I'M SORRY, WAS THERE A MOTION TO APPROVE THE TASK ORDER? TASK ORDER NUMBER TEN. YES. TO APPROVE. CHAIR. THANK YOU. MOTION SECOND. ALL IN FAVOR, SAY AYE. AYE, AYE. ANY OPPOSED? SAY NAY. ALL RIGHT.[8. DISCUSSION ITEM: Ryan Armbruster Retirement]
THANK YOU BECKY. ALL RIGHT. NEXT ITEM IS RYAN. ARMBRUSTER SENT US A LETTER SAYING THAT HE'S GOING TO RETIRE. RYAN IS REALLY ONE OF JUST THE FOUNDERS OF TAX INCREMENT FINANCE AND URBAN RENEWAL IN IDAHO. HE'S BEEN THERE FROM THE BEGINNING. HE WAS THERE WHEN BOISE WAS STARTED.THIS STARTED THIS PROCESS. HE'S THERE IN THE REDEVELOPMENT OF THE BOISE DOWNTOWN. THEN HE USED HIS PRACTICE TO BE ABLE TO ADVISE CLIENTS ACROSS THE STATE AND HOW TO IMPROVE THEIR COMMUNITIES USING URBAN RENEWAL AND TAX INCREMENT FINANCE. HE'S BEEN A JUST A RELIABLE AND EXCELLENT COUNSEL FOR US FOR MANY YEARS. AND I JUST WANTED TO PUT THIS ON THE AGENDA JUST TO EXPRESS OUR APPRECIATION FOR RYAN'S HARD WORK AND ALL HE'S CONTRIBUTED TO THE STATE OF IDAHO BY HIS KNOWLEDGE OF THE URBAN RENEWAL LAWS AND HOW MUCH HE'S DONE TO WORK WITH THE LEGISLATURE, WITH WITH COUNTIES, WITH CITIES, WITH, WITH JURISDICTIONS ALL ACROSS THE STATE, WITH, WITH BOARD MEMBERS. AND HE'S JUST DONE A TREMENDOUS AMOUNT OF WORK AND HE'S MADE A BIG CONTRIBUTION. SO I VERY MUCH WANT TO THANK RYAN FOR HIS HARD WORK. WE'VE IN THE ONE PART OF WHAT RYAN HAS DONE, TOO, IS IN THE PAST, AS HE'S GOTTEN TO THE POINT IS HE'S TO A RETIREMENT.
HE'S ALSO MADE SURE HE HAD A SUCCESSION PLAN, AND HE'S BROUGHT MEGAN ON EARLY ON IN THE PROCESS. MEGAN HAS NOW BEEN DOING THIS FOR OVER TEN YEARS. MORE THAN THAT, I THINK, AND IS.
SO I REALLY APPRECIATE IT WHEN SOMEONE LIKE, YOU KNOW, WHEN AN ATTORNEY OR AN ACCOUNTANT REALLY MAKES ROOM FOR A GOOD SUCCESSION AND HE'S HE'S BEEN WORKING WITH MEGAN AND HELPING HER FOR A LONG TIME. AND SO THAT WE HAVE A SEAMLESS TRANSITION. AND WE APPRECIATE THE LAW FIRM OF EDMUND BURKE FOR, YOU KNOW, BACKING UP THAT SUCCESSION PLAN AND MAKING SURE WE ALL HAVE GOOD, SOLID GUIDANCE. I DON'T KNOW THAT EVERYBODY GOT TO WORK WITH RYAN AS MUCH AS I DID. I THINK I MIGHT BE THE ONLY ONE BECAUSE YOU WERE HERE. RIGHT. ANYTHING YOU'D LIKE TO ADD?
[00:45:03]
YEAH. BOTH HE AND MEGHAN HAVE BEEN TREMENDOUS RESOURCE TO THE BOARD HERE, FROM KEEPING US ON TASK WITH THE WAY THE MEETINGS FUNCTION TO PREPARING ALL OF OUR AGREEMENTS. AND REALLY, AS AN ATTORNEY LIKE I RECOGNIZE AND APPRECIATE THE EXPERTISE THAT GOES INTO A SPECIALIZED AREA OF THE LAW LIKE THIS. AND WE'VE APPRECIATED IT VERY MUCH. YEAH, I WAS GOING TO TURN IT. THEY ALWAYS MAKE ME FEEL GUILTY BECAUSE I DON'T TURN AROUND CONTRACTS AS QUICKLY AS THEY DO.AND LIKE ON A MONTHLY BASIS, THEY ALWAYS HAVE THEIR CONTRACTS READY FOR US AND READY TO MOVE FORWARD. AND I'M NOT THAT GOOD. ALL RIGHT. VERY GOOD. SO WE VERY MUCH APPRECIATE YOU AND BURKE AND RYAN ARMBRUSTER AND WANT TO EXPRESS THAT. WE ALSO GOT IT'S KIND OF THAT TIME OF YEAR AT THE
[9. DISCUSSION ITEM: Elam & Burke Legal Rate Increase]
SAME TIME THAT WE GOT A NOTICE FROM MEGAN ABOUT THE LEGAL RATE INCREASE. SO THEIR RATES WILL NOW BE $275 FOR MEGAN, $250 FOR ASSOCIATES, AND $130 FOR PARALEGALS. SO WE JUST NEED TO I WANT TO MAKE SURE THAT EVERYBODY'S STILL COMFORTABLE WITH THAT AND THAT WE CAN MOVE FORWARD WITH THAT. TO ME, THAT'S THAT'S A THAT SEEMS LIKE THOSE SEEM LIKE VERY FAIR RATES.THAT'S CERTAINLY MUCH LESS THAN MY RATES. I DON'T KNOW IF GOVERNMENT COUNTY WHAT YOU'RE SEEING. DO THOSE SEEM LIKE VERY REASONABLE. YEAH. WE'RE SEEING THAT WITH THE COUNTY. THOSE TWO CONTACTS OKAY. ESPECIALLY IN THE HIGHLY SPECIALIZED AREA LIKE THIS. REALLY MEGAN'S PRETTY IRREPLACEABLE AND COULD PROBABLY ASK FOR A LOT MORE, BUT I APPRECIATE THAT SHE RECOGNIZES SHE'S WORKING WITH GOVERNMENT AND TAXPAYER MONEY AND THAT SHE'S BEING VERY IS VERY FRUGAL AND VERY CAREFUL. AND WE APPRECIATE THAT. SO I DON'T KNOW THAT WE NEED A MOTION ON THAT, BUT WE ARE AWARE OF THAT RATE INCREASE ON THAT TIMING. AND THAT LETTER IS WANTING TO GET THAT ON THE RECORD. ALL RIGHT. NEXT ITEM IS OUR I AND A LEGISLATIVE UPDATE MEGAN, IS
[10. DISCUSSION ITEM: RAI and Legislative Update]
THERE ANYTHING ELSE GOING ON WITH WITH REDEVELOPMENT AGENCY OF IDAHO. THANK YOU, MR. CHAIR.COMMISSIONERS, THE ANNUAL MEETING OF THE BOARD AND MEMBERSHIP IS SCHEDULED FOR MONDAY THE 23RD. WE DO TRY AND ALIGN WITH AIC, BUT JUST WITH THE WAY JUNETEENTH FELL AND TRYING TO GET A QUORUM FOR BOTH THE MEMBERSHIP AND THE BOARD MEETING, IT WAS A LITTLE BIT OF A CHALLENGE. SO IF ANYBODY ON THE BOARD IS INTERESTED IN PARTICIPATING, IT IS PRIMARILY A BUSINESS MEETING, BUT IT IS A GOOD WAY TO JUST POP ON. THERE WILL BE A ZOOM THAT'S CIRCULATED. SO APPRECIATE IF YOU'RE INTERESTED, YOU CAN FEEL FREE TO ATTEND THAT. I DON'T HAVE ANY OTHER SPECIFIC UPDATES AT THIS TIME. ALL RIGHT. THANK YOU. SO THE REDEVELOPMENT ASSOCIATION OF IDAHO IS A SMALL LOBBY GROUP THAT HAS BEEN ORGANIZED JUST TO MAKE SURE WE STAY ON TOP OF THE LEGISLATIVE ACTIVITIES IMPACTING WHAT WE DO FOR THE LEGISLATURE KNOWS THE IMPACT OF THOSE THINGS ON US, AND SO THAT WE STAY INFORMED. AND IT'S BEEN VERY IMPORTANT TO KEEP THAT GOING, ESPECIALLY IN JANUARY, FEBRUARY, MARCH. SO WE APPRECIATE THAT. ALL RIGHT. THAT CONCLUDES OUR BUSINESS 50 MINUTES. OUR NEXT MEETING WILL BE JULY 17TH 2025. IS THERE A
[11. Next Meeting: July 17, 2025]
MOTION TO ADJOURN? TO ADJOURN. IS THERE A SECOND? SECOND. ALL IN FAVOR SAY AYE. ANY OPPOSED? SAY NAY.* This transcript was compiled from uncorrected Closed Captioning.