HomeMy WebLinkAbout11/03/2009AGENDA
WHEAT RIDGE URBAN RENEWAL AUTHORITY
November 3, 2009
Notice is hereby given of a Public Meeting to be held before the City of Wheat Ridge Urban
Renewal Authority on Tuesday, November 3, 2009 at 6:00 p.m., in the City Council Chambers of
the Municipal Building at 7500 West 29th Avenue, Wheat Ridge, Colorado.
Individuals with disabilities are encouraged to participate in all public meetings sponsored by the City of Wheat
Ridge. Call Heather Geyer, Public Information Officer at 303-235-2826 at least one week in advance of a
meeting if you are interested in participating and need inclusion assistance.
1. Call the Meeting to Order
2. Roll Call of Members
3. Approval of Minutes - October 20, 2009
4. Public Forum (This is the time for any person to speak on any subject not appearing on the
agenda. Public comments may be limited to 3 minutes.)
5. Staff Updates
6. Resolution No. 7-2009 - A Resolution approving a Master Development Agreement with
Weston Solutions in Connection with a proposed redevelopment project in the City of
Wheat Ridge
7. Strategic Planning and Corporate Identity Workshop
Anne Ricker - Leland Consulting
8. Other Matters
9. Adjournment
MINUTES
WHEAT RIDGE URBAN RENEWAL AUTHORITY
October 20, 2009
1. CALL THE MEETING TO ORDER
The meeting of the Wheat Ridge Urban Renewal Authority was called to order by
Chair Adams at 6:00 p.m. in the council chambers of the Municipal Building,
7500 West 29th Avenue, Wheat Ridge, Colorado.
2. ROLL CALL OF MEMBERS
Authority Members Present
Rick Adams
James Bahrenburg
Becky Bye
Walt Pettit
Tom Radigan
Authority Members Absent: Janet Leo
Larry Schulz
Also attending: Patrick Goff, Executive Director
Corey Hoffmann, WRURA Attorney
Ken Johnstone, Community Development
liirec;~ur
Denise Balkas, Wheat Ridge 2020
Anne Ricker, Leland Consulting
x~ Hilarie Portell, Portell Works
Lindsay Delecki, Weston (left at 7:11 p.m.)
K Steve Blarr, Weston (left at 7:11 p.m.)
John Reinsma, Weston (left at 7:11 p.m.)
Ann Lazzeri, Recording Secretary
3. APPROVAL OF MINUTES - September 15, 2009
It was moved by James Bahrenburg and seconded by Walt Pettit to approve
the minutes of September 15, 2009 as presented. The motion passed 4-0 with
Tom Radigan abstaining.
4. PUBLIC FORUM (This is the time for any person to speak on any subject not
appearing on the agenda.)
There was no one present to address the Authority.
WRURA Minutes - 1 - October 20, 2009
5.
6.
STAFF UPDATES
A. 2010 Proposed Budget
Patrick Goff referred to the preliminary budget that was presented to Authority
members prior to October 15 and stated that the proposed budget would be
presented and discussed at the November meeting and considered for adoption in
December.
B. 7300 West 44th Avenue - Phase I Environmen
Patrick Goff stated that Denise Balkas with WR2020 completed an application for
a Phase I environmental assessment on the property at 7300 West 44th Avenue.
The assessment is required by HUD before WRURA can be reimbursed with
CDBG funds.
EXECUTIVE SESSION
%It was moved by Becky Bye and seconded by Walt Pettit to enter into
executive session to consider the purchase, acquisition, lease, transfer or sale
of real, personal or other property pursuant to C.R.S. Section 24-6-402(4)(a).
The motion carried 5-0.
The executive session was convened at 6:10 p.m.
Those attending the executive session were:
Rick Adams - WRURA _
James Bahrenburg - WRURA y
Becky Bye - WRURA
Walt Pettit - WRURA
Tom Radigan - WRURA
Patrick Goff - Executive Director
Corey Hoffmann - WRURA Attorney
Ken Johnstone - Community Development Director
Denise Balkas, Wheat Ridge 2020
Anne Ricker - Leland Consulting
John Reinsma, Weston (left executive session at 7:11 p.m.)
Ann Lazzeri, Recording Secretary
Hilarie Portell - Portell Works
Lindsay Delecki, Weston (left executive session at 7:11 p.m.)
Steve Blarr, Weston (left executive session at 7:11 p.m.)
The regular meeting was reconvened at 7:50 p.m.
WRURA Minutes -2- October 20, 2009
7.
8.
9.
Strategic Planning and Corporate Identity Workshop
(Anne Ricker - Leland Consulting and Hilarie Portell - Portell Works)
Due to shortage of time, there was a consensus of the Authority to postpone this
matter to the November 3 meeting. Ms. Ricker presented a brief overview of
discussion items for that meeting.
Ken Johnstone reported that City Council approved the Comprehensive Plan.
Portions of the Plan address urban renewal areas. He encouraged Authority
members to read those portions of the Plan before the next meeting.
Hilarie Portell stated that she would like to discuss creative identity naming
options at the November meeting and logo options at the December meeting.
3718 Ames Street - Sale of Property
Patrick Goff informed the Authority that the closing has been moved up to
October 23rd.
It was moved by James Bahrenburg and seconded by Walt Pettit to authorize
acceptance of the offer of $130,000 for property located at 3718 Ames Street,
and further authorize Patrick Goff to sign the closing documents. The
motion carried 5-0.
Other Matters
There were no other matters to come before the authority.
10. Adjournment
The meeting was adjourned at 8:17 p.m.
Rick Adams, Chair
Ann Lazzeri, Recording Secretary
WRURA Minutes -3 - October 20, 2009
Wheat Ridge Urban Renewal Authority
7500 W. 29th Avenue Wheat Ridge, Colorado 80033 303-235-2846 303-235-2857 (Fax)
TO: Urban Renewal Authority Board Me bers
FROM: Patrick Goff, Executive Director
RE: 44th and Wadsworth Redevelopment
DATE: October 30, 2009
Weston Solutions was invited to the October 20th WRURA meeting to introduce their
firm to the Authority, review initial site design and layout possibilities for the proposed
redevelopment project at the S.E. corner of 44th Avenue and Wadsworth Boulevard and
to discuss options for a future working relationship between the WRURA and Weston
Solutions. Staff received direction from the Authority at the meeting to draft a Master
Development Agreement with Weston Solutions for this purpose of defining an initial
working relationship.
Attached is a draft Agreement which you all received by email from Corey Hoffmann on
October 22°d for your initial review. Weston Solutions selected the firm of Snell and
Wilmer as local counsel to represent Weston Solutions on this project. At the time of
preparing this memorandum for the Authority, staff had received only initial comments
from Snell and Wilmer on the Agreement. Their initial comments were fairly minor and
we do not anticipate any substantive changes to the Agreement.
Corey Hoffmann will brief the Authority at the November 3rd meeting concerning the
intent of the draft Master Development Agreement and any substantive changes
suggested by legal counsel for Weston Solutions.
Recommended Motion:
"I move to approve Resolution No. 7-2009, approving a Master Development Agreement
with Weston Solutions in connection with a proposed redevelopment project in the City
of Wheat Ridge."
Attachment(s):
1. Resolution No. 7-2009
WHEAT RIDGE URBAN RENEWAL AUTHORITY
WHEAT RIDGE, COLORADO
RESOLUTION NO. 07
Series of 2009
TITLE: A RESOLUTION APPROVING A MASTER
DEVELOPMENT AGREEMENT WITH WESTON
SOLUTIONS IN CONNECTION WITH A PROPOSED
REDEVELOPMENT PROJECT IN THE CITY OF WHEAT
RIDGE
WHEREAS, the City of Wheat Ridge (the "City") has previously determined that the parcel
of property consisting of 399,969 square feet of property, more or less, located at 7340 West 44th
Avenue, 7540 West 44th Avenue, and 7300 West 44th Avenue in Wheat Ridge, Colorado is blighted
within the meaning of Part 1 of Article 25 of Title 31, Colorado Revised Statutes, and in need of
redevelopment; and
WHEREAS, in order to facilitate the redevelopment of the Property, the City has, in
compliance with the provisions of Part 1 of Article 25 of Title 31, Colorado Revised Statutes,
adopted an Urban Renewal Plan for the Property, and has authorized the Authority to undertake
certain actions authorized by the Urban Renewal Plan and the above-cited statutory provisions; and
WHEREAS, the Authority completed a competitive bidding procedure fall of 2008 in
accordance with C.R.S. § 31-25-106, and no adequate responsive proposals were received; and
WHEREAS, the Authority then commenced negotiations with Redeveloper regarding the
redevelopment of the Property; and
WHEREAS, the Authority has determined that the Redeveloper possesses the financial,
management and development capability to redevelop the Property in conformance with the
provisions of the Urban Renewal Plan in a manner which will be beneficial to the citizens and
residents of the City; and
WHEREAS, the parties hereto wish to memorialize their agreement as to the proposed initial
aspects of the redevelopment of the Property, and thereby set forth their various and respective duties
and responsibilities in connection with such redevelopment.
NOW, THEREFORE, the parties hereto, for themselves, their successors and assigns, in
and for the consideration of the performance of the mutual duties and responsibilities set forth
herein, the receipt and adequacy of such consideration being hereby acknowledged, do hereby
covenant and agree as follows:
Section 1. The Master Development Agreement attached hereto as Exhibit A be, and
hereby is, approved by the Authority.
DONE AND RESOLVED THIS P day of November, 2009.
WHEAT RIDGE URBAN RENEWAL
AUTHORITY
By:
Chairman
ATTEST:
Secretary to the Authority
EXHIBIT A
AGREEMENT
THIS AGREEMENT is made and executed this day of, 2009, by and between the
WHEAT RIDGE URBAN RENEWAL AUTHORITY, a body corporate and politic of the State
of Colorado (hereafter referred to as "the Authority), and Weston Solutions, LLC, a wholly
owned subsidiary of Weston Solutions, Inc , (hereafter referred to as the "Redeveloper").
WITNESSETH
WHEREAS, the City of Wheat Ridge (the "City") has previously determined that the
parcel of property consisting of 399,969 square feet of property, more or less, located at 7340
West 44th Avenue, 7540 West 44th Avenue, and 7300 West 44th Avenue in Wheat Ridge,
Colorado, and more particularly described in Exhibit A, which is attached hereto and expressly
incorporated herein (the "Property"), is blighted within the meaning of Part 1 of Article 25 of
Title 31, Colorado Revised Statutes, and in need of redevelopment;
WHEREAS, in order to facilitate the redevelopment of the Property, the City has, in
compliance with the provisions of Part 1 of Article 25 of Title 31, Colorado Revised Statutes,
adopted an Urban Renewal Plan for the Property, and has authorized the Authority to undertake
certain actions authorized by the Urban Renewal Plan and the above-cited statutory provisions;
WHEREAS, the Authority completed a competitive bidding procedure Fall of 2008 in
accordance with C.R.S. § 31-25-106, and no adequate responsive proposals were received;
WHEREAS, the Authority then commenced negotiations with Redeveloper regarding the
redevelopment of the Property;
WHEREAS, the Authority has determined that the Redeveloper possesses the financial,
management and development capability to redevelop the Property in conformance with the
provisions of the Urban Renewal Plan in a manner which will be beneficial to the citizens and
residents of the City; and
WHEREAS, the parties hereto wish to memorialize their agreement as to the proposed
initial aspects of the redevelopment of the Property, and thereby set forth their various and
respective duties and responsibilities in connection with such redevelopment.
NOW, THEREFORE, the parties hereto, for themselves, their successors and assigns, in
and for the consideration of the performance of the mutual duties and responsibilities set forth
herein, the receipt and adequacy of such consideration being hereby acknowledged, do hereby
covenant and agree as follows:
10/30/09
1 091103 MASTER DEVELOPMENT AGREEMENT-1 (5).DOC
Designation as Master Developer. As an inducement to Redeveloper to
accomplish the redevelopment of the Property as above described, and subject to the provisions
of this Agreement, the Authority hereby determines it to be in the public interest to designate
Redeveloper as the sole and exclusive Redeveloper of the Property, and does hereby designate
Redeveloper as the Master Developer for the Property for a period not to exceed one (1) year
from the date of this Agreement (the "Feasibility Period"), as more particularly described below.
2. Feasibility Period; Redeveloper Obligations. During the Feasibility Period, the
Redeveloper and the Authority shall jointly determine the specific boundaries of the Property to
be developed as Phase 1, and a proposed schedule for phasing the redevelopment of the
remainder of the Property. Redeveloper shall within six (6) months of the execution of this
Agreement give notice to the Authority of the specific boundaries of the Property to be
developed as Phase 1. Redeveloper shall also have the following obligations during the
Feasibility Period:
A. Redeveloper shall take all commercially reasonable efforts to determine the terms
and conditions upon which the Property, including any phasing thereof, shall redevelop;
B. Redeveloper shall, at its sole cost and expense, but subject to the termination
provisions set forth below, take all commercially reasonable efforts to cause the redevelopment
of a portion of the Property to be identified as Phase 1, including production of planning,
engineering and architectural drawings, and any other necessary documents.
3. Feasibility Period; Authority Obligations. Authority agrees that it will not enter
into any agreements to sell or develop the Property during the term of the Feasibility Period,
unless the Agreement is terminated sooner as defined below.
4. Termination. This Agreement shall terminate upon the occurrence of one of the
following events, whichever first occurs:
A. The parties hereto enter into a Redevelopment Agreement for the Property, which
includes specific terms and conditions for the redevelopment and conveyance of
at least a mutually agreed upon portion of the Property;
B. The expiration of one (1) year from the date of this Agreement; or
C. Either party provides written notice as described herein of the termination of this
Agreement for any reason.
5. Expenses Upon Termination. In the event this Agreement is terminated during
the Feasibility Period by either party, pursuant to Section 4.C. above, Redeveloper shall be
entitled to compensation for out of pocket expenses in an amount not to exceed Fifty Thousand
10/30/09
2 091103 MASTER DEVELOPMENT AGREEMENT-1 (5).DOC
Dollars ($50,000). For purposes of this Section 5, out of pocket expenses shall be limited to
expenses for services provided by third parties for which an invoice exists and in which
Redeveloper and/or the Authority are provided a defined work product.
6. Jurisdiction and Venue. This Agreement shall be construed pursuant to the laws
of the State of Colorado. Jurisdiction and venue for any action in law or in equity to enforce the
provisions hereof is hereby vested exclusively in the District Court in and for the County of
Jefferson, State of Colorado.
7. Assignment. This Agreement, or any part thereof, may be assigned by the
Redeveloper only upon the prior written consent of the Authority, which consent shall not be
withheld if such assignment is to a corporation or other legal entity which is more than fifty
percent (50%) owned or controlled by Redeveloper or Redeveloper's owners or principals. In no
other event shall this Redevelopment Agreement be assignable in whole or in any part.
8. Time is of the Essence. The Authority and Redeveloper agree that time is of the
essence in the performance of the provisions of this Agreement. No extension of time for
performance of any obligation or act herein required shall be deemed an extension of time for
performance of any other obligation or act.
9. Amendment. This Agreement may not be modified or amended in whole or in
any part except by a writing signed by each party hereto, and adopted and/or approved with the
same degree of formality as this Agreement shall be adopted and approved.
10. Notice. Any notices provided for or required in this Agreement shall be deemed
delivered when either personally delivered or mailed, postage fully prepaid, certified mail,
return-receipt requested, to the parties at the following addresses:
To the Authority Patrick Goff
Executive Director
Wheat Ridge Urban Renewal Authority
7500 W. 291" Avenue
Wheat Ridge, CO 80033
With a copy to: Corey Y. Hoffmann, Esq.
Hayes, Phillips, Hoffmann & Carberry, P.C.
1530 Sixteenth Street, #200
Denver, CO 80202
To the Redeveloper:
10/30/09
3 091103 MASTER DEVELOPMENT AGREEMENT-1 (5).DOC
With a copy to:
IN WITNESS WHEREOF, the parties hereto have executed this Agreement the day and
date first above set forth.
WHEAT RIDGE URBAN RENEWAL AUTHORITY,
a body politic
By:
Chairman
ATTEST:
Secretary
10/30/09
4 091103 MASTER DEVELOPMENT AGREEMENT-1 (5).DOC
,atf N
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3 November 2009
(20 October 2009)
Wheat Ridge Urban Renewal Authority
Strategic Planning Work Session
Agenda
6:00 pm
Location:
Wheat Ridge City Hall
Wheat Ridge, CO
1. Refined Goals, Role in Community Development, and Measures of Success
2. Potential Role in Economic Development (Discuss)
3. Strategic Alliances (Discuss)
4. Project Participation Criteria
a. City-Wide
b. Area-Specific
5. Identification of Catalyst Areas
a. Handouts from 1-70 / Kipling Corridors Urban Renewal Plan (Nodes)
b. Map of Comp Plan Priority Areas and Existing Urban Renewal Areas
c. Criteria for Selection of Catalyst Areas
d. Information Needed to Prepare Vision and Objectives for Catalyst Areas
e. Positioning Strategies
i. Continuum of Outreach (Positioning Strategies)
f. Project Participation Criteria
6. Outcomes / Work Products
7. Future Meeting Schedule
15 September 2009 Agenda
1. Board Member Expectations of Work Session (Desired Outcomes) (completed)
2. Organizational Goals, etc. (completed)
3. Identification of Catalyst Areas
a. Handouts
b. Criteria for Selection of Areas
c. Positioning Strategies
4. Future Meeting Schedule
Work Session Outcomes:
1. Organizational goals
2. Business plan and supporting docs for each catalyst area
3. Understanding of TIF potential in each
4. Incentive policy
5. Operational forms and processes
Wheat Ridge Urban Renewal Authority Goals:
■ Be proactive, rather than reactive in advancing meritorious projects that are good for
the community
■ Create quality sustainable places
■ Raise standards of development
■ Promote economic development while preserving the community' s heritage
■ Create jobs
• Facilitate the delivery of new uses
■ Stabilize existing uses
Wheat Ridge Urban Renewal Authority' s Role in Community Development:
■ Partner with a range of entities for redevelopment
■ Use a statute-based tool to contribute to investment and reinvestment
■ Provide leadership on redevelopment issues
■ Educate and inform the community about tax increment financing
• Advance the vision and goals of adopted and accepted plans
■ Elevate the image of the Wheat Ridge market in the minds of the development
community
Wheat Ridge Urban Renewal Authority' s Measures of Success:
■ Quality jobs created
■ Businesses supported
■ New businesses cited
■ Growth in increment
■ Private sector investment
■ Investment in public realm
■ Peripheral impacts (increases in value)
■ Improved community image (within and outside community)
■ Positive economic impact
Discussion Items
Wheat Ridge Urban Renewal Authority' s Role in Economic Development:
The Wheat Ridge Urban Renewal Authority' s role in economic development is to:
■ Coordinate business attraction, retention and expansion efforts
• Encourage relocating businesses to consider urban redevelopment projects that
provide TIF dollars vs. building new facilities
■ Be at the table with potential businesses
Wheat Ridge Urban Renewal Authority' s Strategic Alliances:
Partner with:
■ City Council
■ City Staff
■ Wheat Ridge 2020
■ Chambers
■ Developers (including not-for-profit)
■ Lenders (public and private)
■ Community groups
■ Business organizations
Wheat Ridge Urban Renewal Authority' s Criteria for Selection of Catalyst Areas:
1. Identified in existing plans (comprehensive plan)
2. Within existing urban renewal area
3. Property owner expressed interest
4. Known project
5. Adverse conditions
6. Connects to commercial area
7. Improves community image
8. Other
Information Needed to Prepare a Vision and Objectives:
■ Ownership patterns
■ Site utilization
■ Market demand
■ TIF potential
■ Connection to existing plans
■ Blight factors present
■ Other
Wheat Ridge Urban Renewal Authority' s Project Participation Criteria:
Which of the following should be city-wide and which ones should be area-specific? Are there
others?
1. Development program addresses a market opportunity (void or niche) in the near- or
long-term.
2. Demonstrates a quantifiable need for WURA funds in order to make the project feasible
(forms will be provided to applicants).
3. Provides an opportunity to strengthen and link existing or planned districts or activity
centers.
4. Suggests ability to leverage existing or planned public investment.
5. Located with adjacency to physical features including parks and open space, that will
enhance their likelihood of success.
6. Presents potential for creating entryways or gateway project.
7. Site possesses favorable ownership patterns including existing assemblage, public
acquisition opportunity, motivated seller, etc.
8. Presence of unified, energetic stakeholders that are willing to advocate for project.
9. Evidence of stability in property values or upward trend in adjacent investment.
10. Includes an historic preservation element.
11. Located in an area that is able to access additional funding (beyond TIF).
12. Addresses a demonstrated community need, both perceived and quantified including
workforce and / or affordable housing, commercial incubator space, etc.
13. Advances municipal sustainability goals.
14. Others
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Opportunity Nodes
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