WRC PLAN REVISION PUBLIC HEARING

November 13, 2013

OVERVIEW

I fully understand the concerns of the impacted property owners

I must do what is best for the community as a whole, even if it is sometimes unpopular

I sincerely apologize for not distributing detailed information with the notice

I will present you the facts today so you can at least understand what is being proposed

OVERVIEW

The WRC is responsible for developing and maintaining a long term Redevelopment Plan

As with all Plans, the Commission revises it periodically to account for changing conditions

This is the 6th Amendment of the WRC Plan since its initial adoption in 1997

The 2 major changes of this amendment are: Creation of the Stadium District Creation of the Boulevard Business District TIF Area

ACQUISITION LIST

By law, the WRC must develop an “Acquisition List” to identify properties that it may be required to purchase to facilitate the Plan

This is also the 6th Amendment to the WRC Acquisition List since its initial 1997 adoption

100’s of properties are already on the List This process is nothing new, but the number of

properties is significantly larger than usual with this amendment

ACQUISITION LIST

Why are properties placed on Acquisition List? Ensures a public process is followed

Protects property owners Allows remonstrance and transparency

State law requires identification before we acquire and use certain funds

Provides additional flexibility in acquisition process Expedites the process Allows us to use Eminent Domain where necessary

ACQUISITION LIST

What does it mean to be on the List? Area identified for “possible” future

development No guarantee a property will be acquired

or not Allows City to purchase properties from

willing sellers as soon as plan is adopted Allows City to pursue acquisition in future if

required for development

MY COMMITMENT

If we need to acquire your property, and you have been an asset to the community by maintaining and investing in your property over the years, the City will bend over backwards to find a solution that works for both parties

These solutions may include:

MY COMMITMENT

Delaying the acquisition Facilitating your relocation, including:

Swapping Senior Apartment option Real Estate expert assistance

For Seniors, a “Life Estate Deed” Option Allows seniors to sell their home now and

stay until they can no longer do so

MY COMMITMENT

I never planned, intended or remotely considered kicking senior citizens out of their homes against their will

I am fully aware of the families who have lived in these areas for years and have nothing but the greatest respect for many of them

I have been approached by several people who would like to consider other residential options and this plan will allow me to work with them

MY COMMITMENT

BUT, if you are the owner of a derelict property or are a negligent absentee landlord, I have an obligation to pursue the acquisition of your property at the lowest possible price in the shortest time frame possible

REPRINTED FROM MY AUGUST PUBLIC FORUM

Acquisition of Property I am well aware that acquiring someone’s

property is not always a welcome event We will be compassionate and take great strides

in making sure the transaction is fair If a property owner has been an asset to the

City, we will bend over backwards to accommodate them

Finding new homes/apartments Senior Building construction Trading, etc.

REPRINTED FROM MY AUGUST PUBLIC FORUM

Acquisition of Property BUT……… If a property owner has neglected their property

for decades, I will use every tool in my bag to acquire their property at the lowest possible cost

I won’t allow bad absentee landlords or property owners to impede our growth

I have tried very hard to be open and straightforward about this plan from day one

RELATED INFORMATION

The acquisition process is explained in more detail in the “Information Sheet”

Also includes broader details of my presentation

STADIUM DISTRICT PLAN

This project will: Provide the needed infrastructure for new

investment Provide new “diverse” residential

opportunities Provide multiple new commercial

opportunities Serve as the ‘Gateway’ into the Lakefront

Park

STADIUM DISTRICT PLAN

The project area includes all properties east of the Schrage Avenue east alley and north of 121st

All of Old Standard Avenue All of Old Center Street All of 119th Street All of Front Street

BOULEVARD BUSINESS CORRIDOR TIF 2014 Reconstruction Project will likely

draw interest from potential developers Always viewed as huge opportunity for

growth Significant potential – traffic volume Inconsistent Land Use – Zoning Minimal developable space available Acquisitions are an option to facilitate

projects

BOULEVARD BUSINESS CORRIDOR TIF This project will be driven by a series of factors

including: Private investment & Demand Suitable location Willing sellers City participation

Long Term Project There is no immediate serious interest at this

time Strip Malls have never been discussed as

rumored

BOULEVARD BUSINESS CORRIDOR TIF There is also no funding currently

allocated to this project It is possible, that specific projects

that help facilitate the Stadium District Plan could be funded in the near term

3 to 10 year horizon??

CLOSING COMMENTS

This Plan is sound and is of Public Utility and Benefit – good for the overall community

I’ll commit to personally meeting to discuss any aspect of this plan as time permits

If someone couldn’t attend tonight, I will do the same