09-19-18 JDA Agenda Packet - Laserfiche WebLink

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between the County and the developer. He reviewed the blocks slated for development within Town Center. He described the timeline for Phase I, which was quite ambitious and anticipated Phase I would be completed by December 31st of 2024. He then provided further comment on future phases of the development, discussed a parcel map with the JDA and noted how future land scales would be completed. Mr. Jambois stated City financial obligations would be addressed within a Cooperative Financial Agreement between the City and the County. He estimated the City would have $3.2 million in trunk sewer and water line expenses. He reported at some point a water tower would have to be constructed around 2023 or 2024 and this would be done at the City’s expense. He stated the County was working on the mass grading plan at this time, along with the energy resiliency, workforce performance goals, and affordable housing aspects within the development. He encouraged the JDA to offer their support noting a final MDA would come before the group in October. Chair Wicklund requested the JDA ask clarifying and technical questions first and that a conversation regarding the MDA be held after all questions had been answered. Commissioner McClung asked if the Civic block would be included in Phase I. Mr. Jambois reported the Civic Site could go either way and noted this was originally allocated to a later Phase. Commissioner Grant thanked the speakers who came forward to offer their thoughts on TCAAP. He noted the City and the County have spent a great deal of time working on this project. He commented further on the Civic block property and stated the City was not included in the negotiations for this land sale. Mr. Jambois commented a conversation would have to be held between the JDA, the City, Alatus and the County in order to determine when the Civic block developed. City Administrator Perrault reported the City was originally given a two year timeframe to begin plans on the Civic Site and noted they would have one year from the time the development breaks ground to begin construction on this site. He anticipated this would be refined as the MDA moves forward. Commissioner Grant clarified for the record that the City has not been included on any of these conversations to date. Chair Wicklund asked for further information regarding park dedication fees. Mr. Jambois reported a memorandum of understanding has been drafted between Alatus and the City. Chair Wicklund questioned if it was standard practice to have job creation performance standards with a JDA. Mr. Jambois stated this was a standard practice when a public entity was involved in a land sale to ensure high quality jobs were created through the development.