Loading...
06/10/2020 - Agenda City of Tigard Town Center Advisory Commission Agenda MEETING DATE/TIME: June 10, 2020— 6:30 to 8:00 p.m. MEETING LOCATION: Members Remote via MS Teams Public— (971) 256-0577,PIN = 13125# 1. CALL TO ORDER Kate 6:30 2. CONSIDER MINUTES Kate 6:35 3. CITY CENTER FUTURES PROJECT Johnson Economics 6:40 4. TCDA BUDGET UPDATE Sean 7:05 5. PROJECT UPDATES Sean 7:15 6. CITY'S COVID RESPONSE Sean 7:35 7. LIAISON REPORTS Kate 7:50 8. NON-AGENDA ITEMS All 7:55 9. ADJOURN BUSINESS MEETING Kate 8:00 *EXECUTIVE SESSION:The Tigard City Center Advisory Commission may go into Executive Session to discuss real property transaction negotiations under ORS 192.660(2) (e).All discussions are confidential and those present may disclose nothing from the Session.Representatives of the news media are allowed to attend Executive Sessions,as provided by ORS 192.660(4),but must not disclose any information discussed.No Executive Session may be held for the purpose of taking any final action or making any final decision.Executive Sessions are closed to the public. Upcoming meetings of note: Wednesday,July 8,6:30 p.m., Regular TCAC Meeting, MS Teams The City of Tigard tries to make all reasonable modifications to ensure that people with disabilities have an equal opportunity to participate equally in all city meetings. Upon request,the city will do its best to arrange for the following services/equipment: • Assistive listening devices. • Qualified sign language interpreters. • Qualified bilingual interpreters. Because the city may need to hire outside service providers or arrange for specialized equipment,those requesting services/equipment should do so as far in advance as possible,but no later than 3 city work days prior to the meeting.To make a request, call 503-718-2481 (voice) or 503-684-2772 (TDD-Telecommunications Devices for the Dead. TOWN CENTER ADVISORY COMMISSION AGENDA—June 10, 2020 City of Tigard 1 13125 SW Hall Blvd.,Tigard,OR 97223 1 503-639-4171 1 www.tigard-or.gov I Page 1 oft CITY OF TIGARD TOWN CENTER ADVISORY COMMISSION Meeting Minutes March 111 2020 Members Present: Katlyn Prentice (Alternate), Scott Hancock,Renette Hier,Teri Karren-Keith (Alternate), Hemendra Mathur,Tom Murphy (Vice Chair),Tim Myshak, Kate Rogers (Chair),Elise Shearer, Faez Soud, and Justin Watson (Ex Officio). Members Absent: Angeline Chong, Chris Haedinger, Katlyn Prentice (Alternate), and Ryan Ruggiero. Staff Present: Redevelopment Project Manager Sean Farrelly, and Senior Administrative Specialist Joe Patton. Others Present: TCAC Council Liaison John Goodhouse;TriMet Traffic and Community Affairs Josh Mahar, Community Affairs Representative Aster Moulton, Design Manager Scott Robertson; and MIG, Inc. Director of Pacific Northwest operations Lauren Schmitt with. 1. CALL TO ORDER Chair Rogers called the meeting to order at 6:30 pm. The meeting was held in the Public Works Auditorium, at 8777 SW Burnham St.Joe recorded the roll call. 2. CONSIDER MINUTES The February 12, 2020 TCAC Minutes were unanimously approved. 3. PUBLIC COMMENT—N/A. 4. TRIMET SW CORRIDOR BRIEFING Josh Mahar with TriMet distributed the Southwest Corridor Conceptual Design Report (CDR) and gave a presentation on the project including the regional growth concept, regional rail system, route and station locations,increased transit options, equity and housing affordability,responding to local climate goals, contributing to the local economy,project timeline, CDR,video fly-through of the proposed route,project principles, CDR engagement, overview of comments received, design elements, 2035 station ridership, station access,Tigard&Tualatin specific crossings, stations and improvements, station access projects, and ongoing design. Fiona noted they are supporting Metro and Tigard in securing funding to add pedestrian and bicyclist access to the Hwy. 217 crossing. Online SWC comments will be accepted through March 26. 5. PARKS MASTER PLAN Lauren Schmitt asked Commissioners what types of enhancements they would like to see in Tigard's park system as a while and specifically in the parks of Urban Renewal Districts. She encouraged them to use ideas from parks they have visited as well as ideas that they would like to see implemented. Suggestions included designing them for people of all abilities that is easily accessible, trail lighting, activation of Universal Plaza, more shelters,park activities, dog parks with fences,multi modal access,more indoor park facilities, and partners or stakeholders to help with funding issues. Page 1 of 2 TOWN CENTER ADVISORY COMMISSION March 11, 2020 6. LIAISON REPORTS A. A $10,000 facade improvement grant was awarded for the site of the former Cafe Allegro. B. SWC meeting include March 14 at St. Anthony's starting 5 p.m. and at the Tigard Council meeting on March 17. 7. NON-AGENDA ITEMS A. The Universal Plaza landscape architect contract is signed. 8. ADJOURN BUSINESS MEETING The meeting adjourned at 8:30 pm. Joe Patton,TCAC Meeting Secretary Kate Rogers, Chair Page 2of2 FY 2020-2021 INFORMATION PAGE Town Center Development Agency City of Tigard Fiscal Year 2020-2021 Proposed Budget TOWN CENTER DEVELOPMENT AGENCY BUDGET COMMITTEE Chris Bence Mayor Jason Snider Timothy Cadman Councilor Tom Anderson Siobhan Chandler Councilor John Goodhouse Clifford Rone Councilor Heidi Leub Leah Voit Councilor Liz Newton TOWN CENTER DEVELOPMENT AGENCY BOARD Jason Snider,Chair John Goodhouse Heidi Leub Tom Anderson Liz Newton EXECUTIVE DIRECTOR Marty Wine COMMUNITY DEVELOPMENT DIRECTOR Kenny Asher REDEVELOPMENT PROJECT MANAGER Sean Farrelly FINANCE and INFORMATION SERVICES DIRECTOR Toby LaFrance TCDA TOWN CENTER DEVELOPMENT AGENCY City of Tigard 13125 SW Hall Blvd. Tigard,OR 97223 FY 2020-2021 BUDGET MESSAGE Message to the Town Center Development Agency Budget Committee and the Residents of Tigard I am pleased to present the 2020-21 budget for the Town Center Development Agency (ICDA), Tigard's tax increment financing agency. At the time of the proposed budget, the world has been responding to the impacts of COVID-19. The early economic impacts have been significant.The long-term impacts on the districts and development are unknown. Tigard staff and elected officials will closely monitor the situation. The TCDA oversees the revitalization of the Tigard Triangle and the City Center Urban Renewal Areas as well as the implementation of their respective urban renewal plans. The primary funding source for the identified plan projects is tax increment financing. When each district was estab- lished, the assessed valuation of the district was frozen. Property taxes collected on any growth in assessed value above the frozen base, (called the tax increment),go to the TCDA to fund approved urban renewal projects. The districts also leverage grant resources that contribute to redevelopment efforts. Tigard's City Center Urban Renewal District (generally the area bounded by Pacific Highway, Fan- no Creek Park, and Hall Blvd.) is approaching the fifteenth anniversary of its approval by voters in 2006. Although modestly sized in area and in terms of debt capacity, there were several notable ac- complishments in FY 2019-20. The TCDA funded the Tigard Rotary Plaza portion of the Tigard Street Heritage Trail, including a public restroom. The Agency advanced the Universal Plaza pro- ject by hiring design, engineering, and activation consultants and prepared the site for future con- struction. The Agency partnered with an affordable housing developer for the Senior Housing Alongside the Tigard Senior Center project. 2019-20 saw growing developer interest in the Tigard Triangle Urban Renewal District (generally the area bounded by 1-5, Hwy 217, and Pacific Highway), notwithstanding the district having areas of deficient infrastructure. A new market-rate mixed use project started leasing, and a new hotel neared completion. Several other mixed use, residential, and commercial projects are in various stages of planning. The Agency completed the first phase of the Metro grant-funded "A New Tigard Triangle: Planning for Equitable Development" project. Extensive public engagement re- sulted in an equitable development strategy, a financial model, and a prioritized urban renewal pro- jects list (affordable housing and parks ranked the highest). Looking ahead to FY 2020-21 in the City Center, temporary activities will take place on the site of the Universal Plaza (the schedule depending on the need for social distancing). Design will contin- ue, leading up to construction in 2022. Main Street Green Street Phase 2, which will finish the street improvements from the railroad tracks to Scoffins Street,will complete design and engineer- ing. Construction will potentially start in the summer of 2021. Senior Housing Alongside the Tigard Senior Center and the Main Street at Fanno Creek mixed-use projects will likely break ground. The Agency will also complete the City Center Futures project to help guide decisions on the potential continuation of the district beyond 2027. PAGE 2 FY 2020-2021 BUDGET MESSAGE In the Triangle,phase two of A New Tigard Triangle: Planning for Equitable Development will result in designs for a potential new park and for SW 70th Avenue. Three new developments totaling nearly 500 housing units will likely start or complete construction. The Agency pledged developer assistance for two of these- one affordable and one market rate. Tigard's redevelopment efforts are stronger due to the time and commitment of volunteers who serve on the Town Center Advisory Commission and the Tigard Downtown Alliance. We look forward to continued progress in the upcoming year thanks to these partnerships. Respectfully submitted, Marty Wine Executive Director URBAN RENEWAL DISTRICT MAP CITY CENTER SyW GNfE Nfi� // r.d Portland kR k rK JW Plazas�SGtf S!Y tip. S �.Tr'd nG fH 5.1 (FS,S EIl k� ZA. �Pa _ a 5� r, s s � pry 4`ryUrsT �tiq T r e r. a LN xkER arc � Tigard S Lake Oswego m CITY CENTER URBAN RENEWAL AREA FACTS District Formation Date..................................................................................May 2006 District Size (acres) ............................................................................................... 228.96 District Tax Lot Area (acres):.................................................................................185.6 District Right-of-Way Area (acres) ........................................................................43.36 Base Assessed Value .................................................................................$117,522,911 Assessed Value (projected 2020) .............................................................$121,048,598 Annual Taxes Levied (projected 2020) .......................................................... $590,000 Maximum Debt Limit:.................................................................................$22,0005000 Debt Issued (2006-2020):............................................................................$10,395,574 Remaining Debt Limit (2020).....................................................................$11,604,426 Principal Debt Outstanding (2020) .............................................................$6,686,432 URBAN RENEWAL DISTRICT MAP TIGARD TRIANGLE Beaverton I / Portland iy .4E1t4� � o Et 5.. /f'� -n°artier ,rFa eu Lake Oswego _ WS,T II1..... ;T 41 m� AIVE 51'!OAA RO E�51 SW MCNONA��ST NNu9E WAY 41E Dp Uyy3 R� FiR RID6E NN -�C'.`y �L Is l-0iN yii.. f n. T`R,AN DR sky E !I �K T� } �Ni GNOYE AYE Ry£ n 9 tl T �/�l s pE R�iO PAGE 6 TIGARD TRIANGLE URBAN RENEWAL AREA FACTS District Formation Date..................................................................................May 2017 DistrictSize (acres) ..................................................................................................547.9 District Tax Lot Area (acres):...............................................................................383.04 District Right-of-Way Area (acres)......................................................................164.86 Base Assessed Value .................................................................................$424,596,907 Assessed Value (projected 2020) ............................................................$449,105,237 Annual taxes levied (projected 2020) ............................................................. $450,000 Maximum Debt Limit:...............................................................................$188,000,000 Debt Issued (projected 2020).......................................................................... $542,273 Remaining Debt Limit (projected 2020).................................................$187,457,727 Principal Debt Outstanding (projected 2020)............................................... $183,273 CITY CENTER CAPITAL IMPROVEMENTS FY 2018 FY 2019 2020 2021 Proposed vs Description Actual Actual Revised Proposed FY 20 Revised 40000-Beginning Fund Balance 32,136 32,956 401,805 5,093,500 1167.7% Total Beginning Fund Balance 32,136 32,956 401,805 5,093,500 1167.7% 44501-Intergovernmental Revenue 20,000 0 0 0 0.0% 44800-Federal Grants 289,733 4,349 0 0 0.0% Total Intergovernmental 309,733 4,349 0 0 0.0% 45320-Rental Income 116,739 107,371 0 0 0.0% Total Charges for Services 116,739 107,371 0 0 0.0% 47000-Interest Earnings 0 50 0 0 0.0% Total Interest Earnings 0 50 0 0 0.0% 48001-Recovered Expenditures 68 2,440 0 0 0.0% Total Miscellaneous 68 2,440 0 0 0.0% 49001-Debt Proceeds 0 0 6,208,000 0 0.0% Total Other Financing Sources 0 0 6,208,000 0 -100.0% 49425-Transfer In from Parks SDC Fund 0 0 380,000 0 0.0% 49930-Transfer In from Urban Renewal Debt Svc Fund 0 187,706 274,000 412,000 50.4% Total Transfers In 0 187,706 654,000 412,000 -37.0% Total Resources 458,677 334,873 7,263,805 5,505,500 -24.2°/ Requirements Program Expenditures TCDA 44,043 130,583 153,000 411,900 169.2% Total Program Expenditures 44,043 130,583 153,000 411,900 169.2% Total Work in Progress 381,678 57,124 1,637,255 2,781,000 69.9% Total Budget Reserve for Future Expense 32,956 147,167 5,473,550 2,312,600 -57.7% Total Requiremen 8,677 334,873 7,263,805 5,505,500 7. TIGARD TRIANGLE CAPITAL IMPROVEMENTS FY 2018 FY 2019 2020 2021 Proposed vs Description Actual Actual Revised Proposed FY 20 Revised 44501-Intergovernmental Revenue 0 193,273 325,000 0 0.0% Total Intergovernmental 0 193,273 325,000 0 -100.0% 49935-Transfer In from Tigard Triangle Debt Svc Fund 0 0 359,000 8,481,900 2262.6% Total Transfers In 0 0 359,000 8,481,900 2262.6% Total Resources 0 193,273 684,000 8,481,900 1140.0% Requirements Program Expenditures TCDA 0 193,273 683,000 2,181,900 219.5% Total Program Expenditures 0 193,273 683,000 2,181,900 219.5% Total Work in Progress 0 0 0 6,300,000 100.0% Total Budget 683,000 8,481,900 Reserve for Future Expense 0 0 1,000 0 -100.0% Total Requirements w 193,27684,000 8,481,900 1140.0% CITY CENTER URBAN RENEWAL DEBT SERVICE FY 2018 FY 2019 2020 2021 Proposed vs Description Actual Actual Revised Proposed FY 20 Revised 40000-Beginning Fund Balance 124,342 438,822 269,000 566,100 110.4% Total Beginning Fund Balance 124,342 438,822 269,000 566,100 110.4% 40100-Current Property Taxes 464,938 508,118 560,000 590,000 5.4% 40101-Prior Year Property Taxes 4,214 12,932 0 0 0.0% Total Taxes 469,153 521,050 560,000 590,000 5.4% 47000-Interest Earnings 8,271 16,132 11,100 11,100 0.0% Total Interest Earnings 8,271 16,132 11,100 11,100 0.0% 49001-Debt Proceeds 0 0 792,000 0 0.0% Total Other Financing Sources 0 0 792,000 0 -100.0% Total Resources 601,766 976,004 1,632,100 1,167,200 _ Requirements Program Expenditures Program Expenditures 0 0 0 0 0.0% Total Debt Service 162,943 158,986 1,011,350 130,025 -87.1% Total Transfers Out 0 187,706 274,000 412,000 50.4% Total Budget wow 162,943 1,285,350 542,025 Ending Fund Balance 438,822 629,311 346,750 625,175 80.3% Total Requirements PAGE 10 TIGARD TRIANGLE DEBT SERVICE FY 2018 FY 2019 2020 2021 Proposed vs Description Actual Actual Revised Proposed FY 20 Revised Resources 40000-Beginning Fund Balance 0 0 100,000 84,000 -16.0% Total Beginning Fund Balance 0 0 100,000 84,000 -16.0% 40100-Current Property Taxes 0 0 293,000 450,000 53.6% Total Taxes 0 0 293,000 450,000 53.6% 49001-Debt Proceeds 0 0 0 8,000,000 100.0% Total Other Financing Sources 0 0 0 8,000,000 100.00/0 Total Resources 0 0 393,000 8,534,000 2071.5% Requirements Program Expenditures Program Expenditures 0 0 0 0 0.0% Total Debt Service 0 0 0 0 0.0% Total Transfers Out 0 0 359,000 8,481,900 2262.6% 0 Ending Fund Balance 0 0 34,000 52,100 53.2% -Total Requirements 0 0 393,000 8,534,000 2071.5% FY 2020-2021 TOWN CENTER DEVELOPMENT AGENCY PROJECTS City Center Capital Improvement Proposed City Center UR Plan Project Purpose/benefit Projects FY20-21 Budget The public space,including an overlook,would provide better access to the natural and Fanno Creek Overlook E.2 Public Spaces:Plazas $441,000 recreational resources of Fanno Creek and the trail,and serve as an attractive amenity for downtown visitors and residents. Universal Plaza E.2 Public Spaces:Plazas $1,115,000 A large public gathering space will encourage a broader range of active and passive recreational uses in downtown and attract more residents and visitors to the area. Main Street Green Street landscaping features,street trees and street Main Street Green Street contribution B.1.Streetscape $1,100,000 furniture are improvements that will enhance the physical appearance of Improvements:Main Street downtown and attract a broader range of users,including shoppers,tourists and commercial employers. Streetscape Improvements B.Streetscape Improvements $125,00Other street landscaping features,street trees and street furniture are improvements that 0 will enhance the physical appearance of downtown. Total City Center Capital Improvement Projects 1 $2,781,000 City Center UR Programs G.I.Planning and Development Matching grants to property and business owners for facade and tenant improvements UR Improvement program Assistance: $75,000 have strengthened participating businesses and improved downtown's position as a Rehabilitation/Redev. walkable commercial district. Grant/Loan Program Development Opportunity Studies G.Planningand Development $90,000 Planning for new housing and office redevelopment in the Downtown Assistance City Center UR Plan Update Plan Administration $90,000 Funds to develop updated City Center Urban Renewal Plan G.Planning and Development The Urban Renewal Plan authorizes technical assistance in the form of site studies, Equitable Opportunities Fund Assistance $75,000 market studies,feasibility analyses,engineering and design and other activities directly related to development of property in the urban renewal area. Management and Administration of UR Plan Administration $81,900 Repayment of administrative costs associated with implementation of Plan Projects Total City Center UR Programs 1 $411,900 Total City Center UR Expenditures 1 1 $3,192,900 Triangle Capital Improvement Projects Triangle UR Plan Project Proposed Purpose/benefit FY20-21 Budget C.Public Spaces,Facilities,and Acquiring property for parks,such as splash pads,nature play areas,skate parks,pocket Park Acquisitions Installations $3,800,000 parks,linear parks,and neighborhood parks;greenways,such as along Red Rock Creek Transportation projects are intended to provide a safe and effective multimodal Hwy 217 MUP Contribution A.Transportation $2,500,000 transportation network in the Area that supports mixed-use and pedestrian-oriented development through improved internal connectivity,external access,and mobility;a variety oftravel options. Total Triangle Capital Improvement Projects $6,300,000 Triangle UR Programs Proposed FY20-21 Budget Affordable Housing Development Fund D.Re/Development Assistance $1,000,000 Fund to contribute to the Area's diversity and vitality by providing assistance to affordable and Partnerships housing developments. Opportunity Fund D.Re/Development Assistance $100,000 Projects within this category are intended to contribute to the Area's diversity and vitality and Partnerships by providing assistance to new and existing businesses and housing developments. D.Re/Development Assistance Re/Development Assistance $1,000,000 SDC Assistance for the 72nd&Dartmouth mixed use project and Partnerships Management and Administration of UR E.Plan Administration $81,900 Repayment of administrative costs associated with implementation of Plan Projects Total Triangle UR Programs $2,181,900 Total Triangle UR Expenditures 1 1 $8,481,900 Agenda Item 5 6/10/20 Urban Renewal Project Updates City Center URD 1. Main Street at Fanno project • TCDA Board granted 6-month extension of DDA on May 12 due to AVA's report that financing was put on hold by their funders due to COVID uncertainty • Building permits to be issued by end of June 2. Universal Plaza • Working with RCH Studios on early design and website. Planned activation events have been adjusted due to COVID. Will start off as online events • Demolition of building in July. Original bid process was protested 3. Tigard Street Heritage Trail/Rotary Plaza/Public Restroom • Trail/plaza construction complete • Restroom installed • Underpass murals being painted 4. Main Street Green Street Phase 2 • The conceptual design is on hold until we receive community input. Century West is continuing to work on tasks not impacted by public coordination, such as stormwater and utility design which are moving into 30%design. 5. Senior Center Affordable Housing • NHA has applied for funding from Washington County • Webinar sponsored by City, NHA and AARP on June 25, 6PM-7:30PM • DDA and lease being negotiated 6. Community Engagement • Website updated 7. Urban Renewal Improvement Grants • Preliminary grant awarded to Shawn Gardner Ballroom Dancing • Communicated with brokers representing vacant properties on fund availability 8. Fanno Creek Overlook • Council named the project after the late Councilor Nick Wilson • Design to start in spring 2021 9. City Center Futures Project • Options identified for extending/expanding district • Online charette on updating Downtown Vision to be scheduled in next few weeks • Development opportunity study sites identified Agenda Item 5 Tigard Triangle URD 1. A New Tigard Triangle • Phase 2 to wrap up in August • Meetings with TriMet on 70th Avenue and Elmhurst Street • Leland revising development assistance program guidelines • Pre-development assistance to CPAH for potential new affordable project 2. Red Rock Creek Commons • Project underway, should be complete in fall 2020 3. Dartmouth and 72nd Mixed Use • Building permit application being reviewed 4. Mixed Use Path over Highway 217 • TCDA Board approved Tigard Triangle Urban Renewal Plan Amendment adding the project • Grant applications have been made