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Agenda for the Regular Meeting of the Victor Urban Renewal Agency Board of Commissioners

Victor Urban Renewal Agency Board of Commissioners and Development Impact Fee Advisory Committee

May 6, 2024

9:30 AM

Victor City Hall 138 N. Main Street, Suite 201 and Zoom

 

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I.        OPENING – Landon Kaufman, Vice Chair

1)      Roll Call/Confirmation of Quorum/Call Meeting to Order

2)      Conflict of Interest Declaration per Idaho Code §74-404

3)      Introduction of Jennifer Blair to the VURA Board of Commissioners/DIFAC

 

II.     VURA CONSENT CALENDAR (ACTION ITEM)

1)      Approval of Monthly Meeting Minutes

(a)    March 4, 2024

 

2)      Review and Approval of Monthly Disbursements

(a)    March

(b)    April

3)      Review and Approval of Monthly Financials

(a)    February

(b)    March

 

4)      Receive and File

(a)    Survey and Legal Descriptions of Proposed North and South Urban Renewal Project Areas

 

III.      VURA WORK SESSION

1)      Discussion and Consideration of Funding Various Public Improvements Along Main Street in Front of the Valley of the Tetons Library

(a)    Conceptual Sketch

IV.   VURA AND DIFAC NEW BUSINESS (Pursuant to Idaho Code Section 74-204(4), all new business agenda items are considered action items, and a vote may be taken on these items.)

1)      Annual Development Impact Fee Report

 Recommendation: That the Development Impact Fee Advisory Committee (DIFAC) review and approve the use of Development Impact Fees as recommended in the Capital Projects Fund. It is further recommended that the DIFAC consider an inflationary adjustment of 2.23%, which is consistent with the ENR construction index, and, if acceptable, advise the City Council to approve the inflationary adjustment as part of the City’s Fiscal Year 2025 budget.

 

2)      Consideration of Providing Financial Support to the City of Victor’s Elm Street Pedestrian Connectivity Project

 Recommendation: That the Urban Renewal Agency Board of Commissioners approve a $5,000 contribution from the VURA’s Fiscal Year 2024 Budget to the City of Victor in support of the Elm Street Pedestrian Connectivity Project.

 

V.       REPORTS/UPDATES

1)      Executive Director Report

(a)            Recap of URA Training Workshop

(b)             RAI April 2024 Report

(c)            Schedule Downtown Walkabout

 

2)      Commissioner Update

 

VI.     ADJOURN VURA/DIFAC MEETING

Posted 5/2/2024