Council
Communication
Office
of the City Manager
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Date
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May 4, 2009
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Agenda
Item No. 18
Roll
Call No. 09-
Communication No. 09-278
Submitted by:
Jeb E. Brewer, P.E.
City Engineer
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AGENDA
HEADING:
Resolution dedicating right-of-way for
the Riverpoint West Street Improvements Project.
SYNOPSIS:
Recommend
dedication of right-of-way for the Riverpoint West Street Improvements Project. This action is necessary to define the
right-of-way boundaries for reconstruction of SW 11th Street between
ML King, Jr. Parkway, and Tuttle Street.
FISCAL
IMPACT: NONE
Amount: N/A
Funding Source: N/A
ADDITIONAL
INFORMATION:
This project provides for reconstructing existing
roadways and constructing new roadways in the Riverpoint West development
area. The street improvement will be a
catalyst to redeveloping a portion of the Riverpoint West District located
directly south of downtown. It is
estimated, the area’s taxable value will increase from $12 million to $180
million at buildout, which is estimated to occur in six or more years. This project will include grading, new
pavement, new storm sewers and intakes, new sanitary sewers, new water main,
and other incidental items. Funding for
the maintenance of City Streets comes out of the Road Use Tax Fund (SP306),
which is funded entirely by Road Use Tax receipts.
The additional 5 feet of dedicated right-of-way will
be provided from the existing City owned parking lot property located on the
east side of SW 11th Street between ML King, Jr. Parkway and
Tuttle Street.
PREVIOUS
COUNCIL ACTION(S):
Date: December 8, 2008
Roll
Call Number: 08-2120
Action: Authorization to acquire necessary
right-of-way for the Riverpoint West Street Improvement Project. (Council
Communication No. 08-723
) Moved by
Vlassis to adopt. Motion Carried 7-0.
Date: July 23,
2007
Roll Call Number:
07-1457
Action: Authorizing Application
to obtain a $297,000 Federal Grant from the FY 2006 HUD Economic Development
Initiative for Redevelopment of the Riverpoint West Area. Moved by Hensley to approve.
Motion Carried 7-0.
Date: July 9, 2007
Roll Call Number:
07-1341
Action: On
Urban Renewal Development Agreement with River Point West LLC for the River
Point West Redevelopment Project, including the sale of City-owned land. (Council
Communication No. 07-393) Moved by Hensley to adopt.
Motion Carried 7-0.
Date: July 9, 2007
Roll Call Number:
07-1342
Action: Setting
Date of Hearing on Section 108 Loan, $17,500,000 and other related financing
documents, (7-23-07). Moved by Hensley to adopt. Motion Carried 7-0.
Date: July 9, 2007
Roll Call Number: 07-1343
Action: Directing
City Manager to prepare an amendment to the City-wide Urban Revitalization Plan
to remove the downtown core area from the Targeted Residential Area and extend
the City-wide tax abatement program for residential development for another 5
years. (Council
Communication No. 07-387) Moved by Hensley to direct
the City Manager to prepare and present for further consideration by the City
Council at the earliest practical time, an amendment to the City-wide Urban
Revitalization Plan to remove the downtown core area from the Targeted
Residential Area, and to extend the City-wide tax abatement program for
residential development for another 5 years. City Manager will arrange a meeting with the
Downtown stakeholders within 30 days. Motion
Carried 7-0.
Date: June 4, 2007
Roll Call Number:
07-1119
Action: Setting
date of hearing on Proposal to enter into an Urban Renewal Development
Agreement with River Point West, LLC for the Riverpoint West Redevelopment
Project including the sale of land and inviting competing proposals, (7-9-07). (Council
Communication No. 07-315). Moved by Hensley to adopt.
Motion Carried 7-0.
Date: August 7,
2006
Roll Call Number:
06-1617
Action: Section
108 Loan Guarantee Application and Amended Brownfield Economic Development
Initiative (BEDI) Grant Application for Redevelopment of Riverpoint West. (Council
Communication No. 06-484) Moved by Hensley
to adopt. Motion Carried 6-1.
Date: October 24,
2005
Roll Call Number:
05-2603
Action: Preliminary Agreement with Riverpoint West
LLC for redevelopment of Riverpoint West Area. (Council
Communication No. 05-611) Moved by Hensley to adopt. Motion Carried 7-0.
Date: May 23, 2005
Roll Call Number: 05-1331
Action: Preliminary Agreement with Hubbell Realty
Company and Hubbell Terminal Corporation (Rick Tollakson,
President & CEO) and Riverpoint West LLC (George Sherman, President) for
redevelopment of parcels west of SW 9th along Tuttle and Murphy
Streets. (Council
Communication No. 05-305) Moved by Hensley to
adopt. Motion Carried 6-1. Absent:Vlassis.
Date: May 1, 2007
Roll Call Number:
N/A
Action: Urban Design Review Board recommended
approval of using tax increment finance revenue to repay the $8.5 million
Section 108 loan.
ANTICIPATED ACTIONS
AND FUTURE COMMITMENTS: NONE
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information on this and other agenda items, please call the City Clerk’s Office
at 515-283-4209 or visit the Clerk’s Office on the second floor of City Hall, 400 Robert D. Ray Drive. Council agendas are available to the public
at the City Clerk’s Office on Thursday afternoon preceding Monday’s Council
meeting. Citizens can also request to
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sending their request via email to cityclerk@dmgov.org.