Commission adopts resolutions for use of TIF funds to complete projects
Resolutions evidencing the official intent of the city of Concordia to proceed with two public improvement projects within the boundaries of the Tax Increment Financing (TIF) District were approved by the city commission during its regular meeting on Wednesday.
The city is proposing the use of $100,000 in TIF funds to cover the costs of a downtown alley and sewer replacement project that has an estimated total cost of $1,032,685.
Using $250,000 in TIF funds for a Sixth Street parking lot west of the Brown Grand Theatre is also being proposed by the city.
The estimated cost of the parking lot project, which includes the demolition of two dilapidated houses at 326 and 330 West Sixth St., is $265,100.
Publication of the resolutions is scheduled for July 24, with public hearings scheduled for August 5 during the city commission meeting.
The TIF District is scheduled to expire on August 31 of this year.
Established in 2000, the Concordia Redevelopment District, known as the TIF District, is designed to address blight and improve public infrastructure to support economic development.
The TIF Project Fund is generated by the incremental increase in property taxes paid as a result of development improvements within the district, compared to the base value of the same property when the district was established.
Since the inception of the TIF District, 25 projects have been completed for a $9.1 million investment of TIF funds, resulting in $4,143,7010 added to the assessed valuation within the district as of June 2020.
It is estimated that there will be $350,000 available in the TIF Project Fund at the end of this year.
The city of Concordia received notice on January 22 that it had been awarded a Community Development Block Grant from the Department of Housing and Urban Development, via the Kansas Department of Commerce, in the amount of $561,660, for the plan to replace pavement, storm sewer and sanitary sewer mains in the alley downtown between Sixth and Seventh Streets--specifically the alleys between Lincoln and State streets.
The city commission approved the design contract for the project with Campbell & Johnson Engineers, PA on March 4. The environmental assessment is complete and the survey and design work are underway.
Bid letting for the project is anticipated in the fall, with construction to begin in the spring of 2021. The successful bid must be approved by the commission prior to commencement of work.
Work must be completed by March 14, 2022.
The Sixth Street parking lot project was added to the city's capital improvement plan in 2018. The scope of the work will include property acquisition, site clearance and construction of a hard surface lot and amenities including lighting, sidewalk, landscaping and related improvements. Staff is hopeful to include one or two electric car charging stations as well as a layout sufficient to handle pickup trucks with livestock trailers and motorhomes.
The city currently owns the house at 330 West Sixth St. and is in negotiations to purchase the house at 326 West Sixth St.
Demolition of both structures will occur as soon as the property is acquired. Design work is anticipated to occur in early 2021 with construction to follow.
In other action taken during the meeting, the board approved an ordinance annexing land north of Concordia into the city as part of a development agreement with 4 Kids Properties LLC for the development of a truck stop at 2087 North 145th Road.
The commission approved the development agreement with 4 Kids Properties LLC in June.
4 Kids Properties plans to develop a truck stop convenience store, fueling station and restaurant at the site that was previously a truck stop and has existing fuel dispensing.
The development agreement requires that the land be annexed into the city limits and rezoned to a Restricted Commercial District (C-2) or General Commercial District (C-3) to provide for the desired use of the property.
The city, at its expense, agreed to assist 4 Kids Properties with annexation and the rezoning process.
The Cloud County board of commissioners adopted a resolution determining that the requested annexation will not hinder or prevent the proper growth and development of the area or any other incorporated city located in the county.
According to the development agreement, 4 Kids Properties is required to complete site improvement, renovation and construction of the development and start business operations by December 31, 2020, and provide employment for a minimum of two full-time equivalent employees.
The city agrees to provide a tap to city water at no cost to the developer, provide and install up to 400 feet of six-inch natural gas line in a trench prepared by the developer, provide sanitary sewer tap and service line connection of up to 20 feet from the sanitary sewer main and waive tap fees for connection to city water, sanitary sewer and natural gas at an estimated and probable cash and in-kind contribution of approximately $15,000.
The commission also approved setting July 5 as the rain date for the city fireworks show.
The fireworks show is scheduled for Friday night at 10 p.m. at the Cloud County Fairgrounds.