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CCDA Minutes - 10/04/2016 a Cite of Tigard CCDA City Center Development Agency Board - Agenda I9 TIGARD CITY CENTER DEVELOPMENT AGENCY BOARD MEETING DATE AND TIME: October 4,2016- 6:30 p.m. MEETING LOCATION: City of Tigard—Town Hall- 13125 SW Hall Blvd.,Tigard,OR 97223 1. CITY CENTER DEVELOPMENT AGENCY MEETING A. Call to Order—Chair Cook called the meeting to order at 6:32 p.m. B. Roll Call—Deputy City Recorder Burgoyne called the roll. Name Present Absent Chair Cook Director Goodhouse Director Henderson Director Snider Director Woodard Chair Cook asked the audience to stand for the flag salute. C. Call to Board and Staff for Non-Agenda Items—There were none. 2. DOWNTOWN BUSINESS SPOTLIGHT:THE BALLROOM DANCE COMPANY Owner of The Ballroom Dance Company Sunny Page presented background on how she became a ballroom dancer,what inspired her to become a dance teacher,how long her dance company has been in Tigard and what makes them different from other dance companies. She said her dance studio is open seven days a week and they hold over 50 hours of dance classes each week,in addition she rents out each of the ballrooms for events of all kinds. She explained they have three decorated ballrooms that are set-up with LED lighting and that her clients come from all around the region and from other states to perform. Ms. Page said her dance studio is a clean-cut family business where all ages and dance levels are welcome. She ended her presentation by inviting the board members to visit her business for a guided tour. Director Goodhouse thanked Ms. Page for coming and said the building looked good from the outside and it is nice to know they hold other events. Chair Cook asked if there was one night a week dedicated for scheduling events. Ms.Page said they schedule and accommodate events as needed. Chair Cook said he had driven by several times and from the outside one would not know there are three ballrooms inside. TIGARD CITY CENTER DEVELOPMENT AGENCY MINUTES—OCTOBER 4,2016 City of Tigard 1 13125 SW Hall Blvd.,Tigard,OR 97223 1 www.dgard-or.gov Page 1 of 4 3. INITIATE PUBLIC REVIEW OF TIGARD TRIANGLE URBAN RENEWAL PLAN Senior Planner Shanks and Consultant Eileen Howard talked about the CCDA's role in the public review of the Tigard Triangle Urban Renewal Plan,vision of the plan and identified barriers. Ms. Shanks explained staff had received input from the Citizen Advisory Council and the Technical Advisory Committee,and all agreed it is a good project in creating the Tigard Triangle. She went over the board's previous discussion from the last meeting and said she had followed up with Jim Long as requested,but that she hadn't heard back from him. She said TVF&R supports the plan, but has some concerns that city staff and TVF&R are working through. She explained they were before the CCDA in order to initiate the public review of the plan and if the board approved a motion tonight,the next steps were to brief the Washington County Board of Commissioners on October 18,2016,the Planning Commission on November 14,2016 and then go before City Council on December 13,2016 for adoption and referral to the May 2017 election. Director Henderson asked if this was a time sensitive situation and if there was enough time to address TVF&R's concerns. Chair Cook said this will need to be presented to City Council in December. Ms. Shanks said yes,and stated it was not time sensitive at this point and that staff would be presenting the final version at the December 13 meeting;which allowed enough time to make it on the May 2017 election. She said they were asking the CCDA to initiate the public review process at tonight's meeting and if the CCDA chose to move forward,staff would be sending out consultant review letters to the general public and overlapping taxing districts. Ms. Shanks explained staff would be revising the plan before the December 13 City Council meeting and would include any changes from TVF&R, the legal description and current property value data which would be released from the County Assessor in mid-October. Chair Cook asked when the start date for locked in values began. Eileen Howard explained that when and if the voters approve the Urban Renewal Plan and it is adopted,the frozen base of property values will be at that time and they would have already been established in October 2016. There was discussion about bare land value vs land that had already been developed. Ms. Howard said the roll the Assessor adopts would be within the next two weeks and is based on the values of those properties as of January 1,2016;so that any development that has come on the tax roll after January 1 goes into that incremental value within the area. She explained the Assessor's values are based on a calendar year and not a fiscal year when assessing property. Ms. Howard discussed the language in the State Statue and what was required from the city. Motioned by Director Goodhouse and seconded by Director Henderson to forward the Tigard Triangle Urban Renewal Plan to the Tigard Planning Commission for their review of the Plan's conformance to the Tigard Comprehensive Plan and then to the Tigard City Council for a public hearing,the review,and vote. Motion passed by a unanimous vote. Name Yes No Chair Cook Director Goodhouse Director Henderson Director Snider(Absent) Director Woodard (Absent) TIGARD CITY CENTER DEVELOPMENT AGENCY MINUTES—OCTOBER 4,2016 City of Tigard 1 13125 SW Hall Blvd.,Tigard,OR 97223 1 www.dgard-or.gov Page 2 of 4 4. PUBLIC REVIEW OF CITY CENTER URBAN RENEWAL PLAN SUBSTANTIAL AMENDMENT- Redevelopment Project Manager Farrelly discussed initiating the public review for the City Center Urban Renewal Plan Substantial Amendment and what was discussed at the last meeting. Mr. Farrelly explained that because the recession had reduced property values and development,the city was falling behind on its capacity and was projecting six million less in tax increments than what was originally projected. He said that in order for the city to get closer to the 22 million dollars in maximum indebtedness,they needed to expand the urban renewal area;allowing for collection of tax increment revenues that would be more in line with the original amount envisioned for the urban renewal area. He explained the City Center Advisory Commission had been briefed on the substantial amendment. He said the next steps in the process would be to brief the Washington County Board of Commissioners on October 18,2016,the Planning Commission on November 14, 2016 and finally the City Council on December 13,2016 to consider adopting the draft plan. Chair Cook asked if the expansion would create a need for rezoning. Mr. Farrelly said it would not necessarily change the zoning. Director Goodhouse asked if the property value of the areas that are existing are locked in and if the property value for the new areas would be forged from the start date of January 1;creating two sets of values within the new district. Mr.Farrelly said that was correct. Ms. Howard said the Assessor would combine those into one frozen base. Director Henderson asked if the timeline would catch up with the Tigard Triangle Urban Renewal Plan. Mr. Farrelly said they are trying to mirror the same timeline and bring this item forward at the same time to each Commission/Committee. Motioned by Director Goodhouse and seconded by Director Henderson to forward the City Center Urban Renewal Plan Substantial Amendment to the Tigard Planning Commission for their review of the Plan's conformance to the Tigard Comprehensive Plan and then to the Tigard City Council for a public hearing,the review, and vote. Motion passed by a unanimous vote. Name Yes No Chair Cook Director Goodhouse Director Henderson Director Snider(Absent) Director Woodard (Absent) Mr.Farrelly said they would be getting an endorsement of this motion from the City Center Advisory Council(CCAC) next week. Director Henderson asked if the same committees that reviewed the Tigard Triangle Urban Renewal Plan had also reviewed this plan. Mr. Farrelly said no,but letters would be going out to all the taxing districts. Ms. Howard said she would be at those meetings and would show them the amendment. TIGARD CITY CENTER DEVELOPMENT AGENCY MINUTES—OCTOBER 4,2016 City of Tigard 1 13125 SW Hall Blvd.,Tigard,OR 97223 1 www.dgard-or.gov Page 3 of 4 Director Henderson asked staff to inform them if there are any changes before the December 13 City Council meeting. Mr. Farrelly said if there were any changes they would provide an update to the CCDA at their first meeting in December. 5. NON AGENDA ITEMS —None. EXECUTIVE SESSION There was none. 6. ADJOURNMENT Chair Cook called for a motion to adjourn. Motion by Director Henderson seconded by Director Goodhouse to adjourn the meeting. Motion passed by a unanimous vote. Name Yes No Chair Cook Director Goodhouse Director Henderson Director Snider (Absent) Director Woodard (Absent) Chair Cook adjourned the meeting at 7:14 p.m. Kelly Burgoyr6, Deputy City cor r Att t: John ok,Chair l l/,/,;2" (o Date TIGARD CITY CENTER DEVELOPMENT AGENCY MINUTES—OCTOBER 4,2016 City of Tigard 1 13125 SW Hall Blvd.,Tigard, OR 97223 1 www.tigard-or.gov Page 4 of 4