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City of Madison
City of Madison Madison, WI 53703
www.cityofmadison.com
Meeting Minutes - Approved
COMMUNITY DEVELOPMENT
AUTHORITY
Thursday, November 19, 2009 4:30 PM Madison Municipal Bldg., Rm. 313
215 Martin Luther King, Jr. Blvd.
CALL TO ORDER / ROLL CALL
Present: 5-
Julia S. Kerr; Tim Bruer; Gregg T. Shimanski; Alice J. Fike and Stuart
Levitan
Excused: 2-
Kevin M. O'Driscoll and Kelly A. Thompson-Frater
SCHEDULED MEETINGS:
Community Development Subcommittee: Tues., Nov. 24, Noon, 313 MMB
Allied Development Subcommittee: Fri., Nov. 20, Noon, 313 MMB
Community Development Subcommittee: Tues., Dec. 8, Noon, 313 MMB
Housing Operations Subcommittee: Wed., Dec. 9, 4:30 PM, 120 MMB
CDA Regular Meeting: Thurs., Dec. 10, 4:30 PM, REVIVAL RIDGE APARTMENTS
Community Room, 2313 Allied Drive - CDA hosting Revival Ridge Holiday Reception
Conclusion to 8:00 PM
CDA BOARD MEMBERS: If you are unable to attend any of these
meetings, please contact Percy Brown at 266-6558 or
pbrown@cityofmadison.com
1 APPROVAL OF MINUTES
1a October 8, 2009: http://legistar.cityofmadison.com/calendar/#current
A motion was made by Bruer, seconded by Fike, to Approve the Minutes. The
motion passed by voice vote.
1b October 22, 2009: http://legistar.cityofmadison.com/calendar/#current
A motion was made by Bruer, seconded by Fike, to Approve the Minutes. The
motion passed by voice vote.
2 PUBLIC COMMENT - None
City of Madison Page 1
COMMUNITY DEVELOPMENT Meeting Minutes - Approved November 19, 2009
AUTHORITY
3 COMMUNICATIONS - None
4 12318 Lake Point Condominiums Update
Mr. Steve Looft provided the update:
· A townhome unit was closed in November
· Two conversion units under contract to close in December
· Sales and foot traffic have picked up despite the fact that we are in
the slower winter season
· Looft attributes this success largely to the efforts of the new
marketing team, Keller Williams Realty
· The first-time homebuyer income tax credit has been extended into
2010
· Lenders are being recruited: Anchor, M&I and Summit Credit Union
are active participants
Lynn Holly of Keller Williams provided a brief market overview and
distributed samples of some of their marketing materials on the web site for
Lake Point. According to Holly, the condo market appears to be bottoming
out. The marketing team has been extremely busy and there is a good
chance that we will have a stronger winter than normal. CDA members
thanked and commended the marketing team for its outstanding efforts and
the energy and excitement they have brought to this project.
Bruer suggested that the Team request a support letter from the Mayor.
Shimanski asked Looft to prepare projections for 2010, based on a set of
assumptions.
5 16615 Presentation by Mr. Tom Scheideger, Virchow Krause & Company,
regarding the CDA Financial Statements, December 31, 2008
Mr. Scheideger reviewed the Independent Auditors’ Report, the Management
Discussion and Analysis and Financial statements. The auditors have
audited the financial statements of the business-type activities, each major
fund, and the aggregate remaining fund information of the CDA, a
component unit of the City of Madison. Financial statements include:
· Statement of Net Assets
· Statement of Activities
· Statement of Net Assets-Proprietary Funds
· Statement of Revenues, Expenses, and Changes in Net
Assets-Proprietary Funds
· Statement of Cash Flows-Proprietary Funds
· Notes to Financial Statements
City of Madison Page 2
COMMUNITY DEVELOPMENT Meeting Minutes - Approved November 19, 2009
AUTHORITY
A motion was made by Fike, seconded by Kerr, to Accept. The motion passed
by voice vote.
6 ROUTINE BUSINESS
6a 16639 Housing Operations monthly report
Olvera introduced the new West Site Manager, Ms. Elizabeth
Roberts-Yszenga.
A motion was made by Levitan, seconded by Fike, to Accept. The motion
passed by voice vote.
6b 16633 Presentation of Madison Apprenticeship Program (M.A.P.) by Ms. Diana
Shinall, Executive Director & CEO of M.A.P. and Discussion by
Commission
M.A.P. was created and designed as an individualized case management
approach to helping communities in need. The program can be replicated in
any city, county or state that is impoverished. M.A.P. has been actively
involved in the Allied Drive redevelopment and has made a significant
contribution toward the success of the project.
The CDA is interested in instituting M.A.P. in the Truax Park project.
Shimanski stated that he was quite impressed with the program and look
forward to building the relationship with M.A.P. He thanked Ms. Shinall for
coming.
6c 16498 Economic Development Status Report - October 2009
A motion was made by Bruer, seconded by Fike, to Accept. The motion
passed by voice vote.
7 15322 TRUAX PARK UPDATE
Olinger provided a brief update on the project:
· Agreement signed with National Equity Fund for $.65 on the dollar,
slightly better than the projected $.60.
· Actively pursuing funding for Gap.
8 DETAILED BUSINESS
8a 16657 CDA Resolution No. 2906, authorizing and providing for the sale and
issuance of development revenue bonds for financing a redevelopment
project on behalf of the Wisconsin Alumni Research Foundation, and
providing for certain related details.
Zellhoefer introduced the resolution and noted that there was a proposed
amendment involving the addition of Section 21 - Percy Levon Julian, Sr.
City of Madison Page 3
COMMUNITY DEVELOPMENT Meeting Minutes - Approved November 19, 2009
AUTHORITY
Discovery Initiative. Shimanski indicated that the ongoing discussions
between the University, City’s Civil Rights Department and himself
(representing the CDA) were very positive. Shimanski stated that he was
quite impressed with the approach and the project has great potential.
Norman Davis of the Civil Rights Department appeared before the Board to
express support for the initiative and commended the CDA for its willingness
to go beyond the normal mode in exploring the opportunity for individuals to
learn and gain from the resources made available.
Mr. George Austin, representing WARF, registered in support of adoption
and available to answer questions.
A motion was made by Levitan, seconded by Fike, to Approve with the
following Amendment(s).
Section 21. Percy Lavon Julian, Sr. Discovery Inititiatve
The Developer and the Authority shall use their best efforts to encourage and
cooperate with the UW-Madison and the City of Madison Department of Civil
Rights in the creation of the Percy Lavon Julian, Sr. Discovery Initiative, to be
facilitated in the Project's Town Center. The intent of the initiative is to assist
otherwise unassociated racial/ethnic and minority business owners and
entrepreneurs.
The motion passed by voice vote.
9 BUSINESS BY THE COMMISSIONERS
9a CDA Web Site Presentation
Levitan and Mr. David Williams of Broadbent-Williams, Inc. made a Power
Point presentation on the proposed CDA web site, covering all the various
facets of the CDA including linkages to its programs and redevelopment
initiatives in certain neighborhoods. Kerr expressed concerns about the
component of the web site entitled "neighborhoods." Members noted that
they would explore an alternative title to use. The overall response from
members was very positive. Shimanski noted that this is a work in progress
and thanked Levitan and Mr. Williams for their hard work and efforts.
9b Housing Merger Planning Committee Status Report - October 2009
Bruer reported that the Committee is finishing the final statistical report.
9c Community Development Subcommittee Status Report - November 2009
Bruer provided a brief report:
· The Atrium construction is progressing on schedule
· Urban League building will be completed and opened in December
· Revisions to the Burr Oaks RFP are being recommended
· Gap financing for the Truax Park Apartments is being pursued
· Significant progress has been made on Truman Olson
City of Madison Page 4
COMMUNITY DEVELOPMENT Meeting Minutes - Approved November 19, 2009
AUTHORITY
9d CDA 2010 Meeting Schedule
The CDA received the schedule.
9e 16130 CDA Resolution No. 2896, amending the Bylaws of the Community
Development Authority of the City of Madison.
A motion was made by Levitan, seconded by Bruer, to Approve. The motion
passed by voice vote.
10 12625 ALLIED DRIVE UPDATE
Olinger reviewed his memo on the Allied Drive update.
10a Allied Development Subcommmittee Report - November 2009 & Phase II Update
Referred to the December 10 meeting.
10b 15026 Allied Property Management Report
The CDA received the report, noting that Revival Ridge is 100% occupied.
10c 16499 CDA Resolution No. 2905, authorizing Change Orders 5 & 6 to the Contract with
McGann Construction for Phase 1 of The Allied Drive Redevelopment Project.
A motion was made by Fike, seconded by Bruer, to Approve. The motion
passed by voice vote.
10d 16494 CDA Resolution No. 2904, granting a public water main easement to the City
of Madison across Community Development Authority-owned property at
2347 Allied Drive.
A motion was made by Bruer, seconded by Fike, to Approve. The motion
passed by voice vote.
11 08712 Truman Olson Army Reserve Facility at 1402 South Park Street
11a Truman Olson Update
Matt Mikolajewski provided the update:
· New consolidated facility under construction with an anticipated
completion date of June 2011.
Goodwill Site
· Currently have an option to purchase Anniversary Lane property.
· City Council has authorized up to $200,000 of HOME funds to assist
in purchase of site.
City of Madison Page 5
COMMUNITY DEVELOPMENT Meeting Minutes - Approved November 19, 2009
AUTHORITY
· Two neighborhood meetings have been held and the response has
been positive.
· Alder Clausius has been very vocal in moving project forward.
Porchlight Site
· Phase II environmental assessment of Porchlight site is complete.
· $435,000 included in budget for next year.
· Land use approvals under way.
Truman-Olson Property
· Will be occupied until June 2011.
· First step is to secure HUD approval.
· Funds have been included in the 2011 budget proposal to purchase
and maintain the facility.
12 THE VILLAGER UPDATE
12a 16646 Discussion/action on the Draft 2010 Operating Budget for The Villager
Mr. John Matheson of Siegel-Gallagher reviewed the proposed Operating
Budget which shows a negative $608,765. The deficit will be made up from
increased rental income. A restaurant is being pursued for the Atrium.
Siegel-Gallagher is working on a marketing strategy, to present at the next
Community Development Subcommittee meeting. The budget will come
back at the December 10 meeting for action.
12b 16643 CDA Resolution No. 2907, authorizing change orders to contracts for
Phases B, C, and D for the remodeling of the Atrium at The Villager and to
contracts for tenant improvements for space within the Atrium that will be
leased to the County of Dane.
A motion was made by Bruer, seconded by Kerr, to Approve. The motion
passed by voice vote.
12c 16645 CDA Resolution No. 2908, authorizing an amendment to the contract with
The Bower Group, LLC to provide project management services as part of
the Phases 1, 2 and 3 redevelopment of The Villager.
A motion was made by Bruer, seconded by Kerr, to Approve. The motion
passed by voice vote.
City of Madison Page 6
COMMUNITY DEVELOPMENT Meeting Minutes - Approved November 19, 2009
AUTHORITY
13 BURR OAKS SENIOR HOUSING UPDATE
13a 15875 CDA Resolution No. 2891, authorizing the solicitation of proposals for a
redevelopment project in the Badger-Ann-Park Redevelopment District and
authorizing publication of notice.
A motion was made by Bruer, seconded by Levitan, to Approve. The motion
passed by voice vote.
14 ADJOURNMENT
The meeting adjourned at 6:50 p.m.
A motion was made by Fike, seconded by Bruer, to Adjourn. The motion
passed by voice vote.
City of Madison Page 7
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