PROPOSED RIVER FRONT EAST

URBAN RENEWAL AREA

Garden City Urban Renewal Agency Independent public body serving the city of

Garden City

Established by the City Council in 1995

Currently has one redevelopment district: the River Front District which is scheduled to terminate in 2013

What does the Agency do?Focused on revitalizing older part of the city

through improvements to:

Public facilities (city structures)

Public infrastructure (water and sewer lines, wells, streets)

Parks and greenbeltsCoordinates and facilitates public/private

partnerships for needed public improvements

How is Agency Funded?Reallocation of tax dollars, based on increase

in property values within the districtAda County Assessor establishes a “base

year” the year the UR district is approved. Property taxes on the “base year” values go to the regular taxing entities, e.g. county, ACHD, city, fire district, etc.

After base year, taxes on any INCREMENTAL value go to the Agency, taxes on “base value” continue to go to regular taxing entities

Funding ExampleBase Year (2012) 2013 with Increased

ValueAda County Assesses

Value of a Property: $100,000

This value becomes “base year” value

Property taxes of $1650 (based on 2012 levy rate) go to all of the regular taxing entities

Ada County Assesses Value of a Property: $110,000

Total Property Taxes of $1815 (based on same 2012 levy rate)

Taxes on “Base Value” of $100,000 still go to regular taxing entities ($1650)

Taxes On “Increased Value” of $10,000 go to Agency ($165)

If the Agency did not exist, all $1815 would go to regular taxing entities

Funding Example

Assessed Value Total Taxes

Taxes Go To:

2012

$100,000 $1650 Usual Taxing Entities

2013

NO URBAN RENEWAL$110,000 $1815 Usual Taxing

Entities2013

WITH URBAN RENEWAL$110,000 $1815 $16

50Usual Taxing Entities

$ 165

Urban Renewal Agency

Proposed New Area

Area is generally described as from Veterans Parkway on the west to Garden Street on the

east and from Osage to the Boise River, as well as 42nd Street from Adams to the Boise

River. (Some properties that are highly developed are not included in the plan.)

What is Focus for the Proposed Area?

The Agency plans to implement the same type of projects in the River Front East urban renewal area as those that have been completed in the current district. There has been no change in focus.

Current projects have included these …

New Greenbelt Path 1.3 Miles of new multi-use greenbelt path from 44th Street to 52nd Street Winds through commercial section of the city as well as Mystic Cove residential development and the Mallard Pointe Senior Affordable Housing complex. Completed the city’s multi-use greenbelt path from the eastern boundary of the city to the western city limits

Mystic Cove Park

Completed in conjunction with the greenbelt expansion

Neighborhood park at the end of 48th Street adjacent to the greenbelt and the river

Includes playground equipment and park benches

Riverfront Park Completed by the Agency in 2009 and deeded to the city, adjacent to the Boys & Girls Club on 42nd Street

Largest park in Garden City and the only one with full amenities, including playground equipment, restrooms, picnic kiosk, picnic tables, basketball court, walking track, extensive landscaping and large play area

New Well & Pump House In 2010, the Agency, in partnership with the City,

completed a total rehab of City Well #13. This 50+ year old well required extensive

maintenance and the pump house itself was in total shambles.

New, deeper well was drilled and state of the art pumping and filtering equipment was installed in a newly constructed pump house.

The well is now the largest producing well in the city and is the primary back-up system for all city wells in emergency situations.

City Well RehabOld Well/Pump House New Well/Pump House

Street ImprovementsIn partnership with the Ada County Highway District, street improvements have been made on :

Adams Street from Veterans Parkway to the Fairgrounds432d Street from Chinden to the river48th Street from Adams to the river49th Street from Adams to the river50th Street from Adams to the river51st Street from Adams to the river

Sewer and Water Improvements New sewer and/or water lines have been installed : Adams Street from Veterans Parkway to Remington42nd Street from Chinden to the riverBills and Ray Streets 46th Street from just south of Adams to the River (Project in Process)

New water meters have been installed throughout the entire urban renewal area

New fire hydrants will be installed in 2012

A new 750,000 gallon water reservoir will be constructed in 2013, the first and only one in the city

Completed ProjectsUrban Renewal Spending from 1998 - 2011:

Greenbelts and Parks $1,761,429Water & Sewer Projects 1,601,330Public Safety Projects 230,280Senior & Youth Activities 79,105Streetscape/Landscape 80,300Street Improvements (Agency) 644,748 Total $4,397,192

River Front East District

What’s Planned for the new River Front East

District?

MORE OF THE SAME!

POSSIBLE PROJECTS COULD INCLUDE SOME OR ALL OF THE FOLLOWING

Water and Sewer Lines

New water and sewer lines will be the #1 priority of the Agency when adequate funds become available

Water and Sewer Lines in the Area are between 60 and 70 years old and are in need of replacement.

Most line sizes are barely adequate for good fire protection and need to be increased in size for future development

Park Improvements

POSSIBLE PROJECTS COULD INCLUDE:

Blue Heron Park(Next to Senior Ctr.)

Parking lot improvements Park improvements, including picnic tables, park benches Improved river access for fishermen and kayakers

Centennial Park on 36th St.

Picnic tables and benchesNew play area Garden area

Greenbelt Improvements

Possible Projects Could Include:

Resurfacing New Striping Addition of benches

Street Improvements

When and where possible and in partnership with the Ada County Highway District, street improvements throughout the area will be implemented.

When will projects start?If plan approved in 2012, Agency would

receive first tax increment funds in 2014. Amount would be minimal

Depending on new development or property improvements, takes four to five years for major project funds to be available. Some smaller projects, e.g. park or greenbelt improvements, could be started in two to three years (2015/2016).

Next Steps Proposed Plan will go to Planning & Zoning

Commission to assure compliance with the City Comprehensive Plan

Proposed Plan will go to other taxing entities for their comments

Plan will go to City Council for a public hearing and then final revisions and/or approval

If approved this year, 2012 will be the “base year” and the Agency will receive its first funds in 2014.

Questions and Comments