Minutes of the Centerville City Redevelopment Agency meeting held Tuesday, January 19, 2010 at 8:45 p.m. in the Centerville City Council Chambers, 250 North Main, Centerville, Utah

MEMBERS PRESENT
  Chair            Ronald G. Russell
Vice Chair     Justin Y. Allen

 Directors      Ken Averett
                        Paul A. Cutler 
                        Sherri Lyn Lindstrom
                        Lawrence Wright

STAFF OR OTHER CITY
 OFFICIALS PRESENT
     Steve Thacker, Executive Director
     Blaine Lutz, Finance Director
     Karrie Carlson, Recording Secretary

MINUTES REVIEW

The minutes of the December 15, 2009 meeting were reviewed. Director Wright made a motion to approve the minutes. The motion was seconded by Director Lindstrom and passed by unanimous vote (6-0).

APPOINTMENT OF RDA CHAIR AND RDA VICE CHAIR FOR 2010

Director Lindstrom made a motion to appoint Ronald G. Russell as RDA Chair and Justin Allen as RDA Vice Chair for the Centerville City Redevelopment Agency. The motion was seconded by Director Wright and passed by unanimous roll-call vote (6-0). 

CREATION OF COMMUNITY DEVELOPMENT AREA

a. Legacy Crossing Project

Blaine Lutz, Finance Director, reviewed the analysis that has been done to date regarding the Legacy Crossing Project. Jason Burningham from Lewis, Young, Robertson and Burningham (LYRB) has prepared a proposed plan and calendar for implementing a Community Development Area for the area west of I-15, which would include undeveloped property as well as portions of the Industrial Park. There continues to be heightened interest from other businesses in this general area, mostly due to the initial proposal from the Larry H. Miller Group for a theater, retail, and residential development on an undeveloped parcel on the southwest side of the Parrish Lane interchange. According to Jason Burningham, LYRB, the Larry H. Miller Group has indicated there is a gap in funding for this project, but that they are confident if RDA tax increment was earmarked for this project the additional financing can be secured from investors.

b. Boundaries

The RDA Board was provided with an aerial map of the proposed Community Development Area (CDA). Blaine Lutz, Finance Director, responded to questions regarding the creation of a CDA and the proposed boundaries.  The boundaries could be expanded in the future, if deemed desirable, to assist existing industrial park business owners with the improvement of their properties.

c. Authorize Phase II and III of the Proposal for Services from Lewis, Young, Robertson and Burningham (LYRB)

The RDA Board was provided with a phasing plan from LYRB regarding the creation of the Legacy Crossing Community Development Project Area. Staff is recommending the RDA move forward with the process for creating the CDA, and that LYRB's fees be paid up front by the RDA, with the intent to be reimbursed later from the CDA tax increment.   

Director Cutler made a motion to Authorize Phases II and III of the Proposal for Services from Lewis, Young, Robertson and Burningham and to appropriate $34,152.50 of RDA funds for LYRB services, with the intent that the CDA would reimburse the RDA for this cost when CDA tax increment becomes available. The motion was seconded by Vice Chair Allen and passed by unanimous roll-call vote (6-0).

At 9:15 p.m. the meeting was adjourned.

                                                                      2-2-2010             
Steve Thacker, Executive Director    Date Approved

      
Karrie Carlson, Recording Secretary