A. Update on Existing and Proposed Developments Sonja Reichertz, City Planner and Assistant Economic Development Director

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1 1. Call to Order 2. Roll Call AGENDA CITY OF MONONA COMMUNITY DEVELOPMENT AUTHORITY Monona City Hall Large Conference Room 5211 Schluter Hall, Monona, WI. Tuesday, July 28, :30 p.m. 3. Approval of CDA Meeting Minutes of June 23, Appearances 5. Old Business 6. New Business A. Update on Riverfront Development Project. B. Consideration of a 30-Day Extension for Ascendant Holdings, LLC in Regards to Riverfront Development Project 7. Reports of Staff and Authority Members A. Update on Existing and Proposed Developments Sonja Reichertz, City Planner and Assistant Economic Development Director B. CDA Questions and Requests for Information Concerning Commercial/Residential Development Projects/Proposals Staff 8. Upcoming CDA Meetings August 25 th, Adjournment Note: Upon reasonable notice, the City of Monona will accommodate the needs of disabled individuals through auxiliary aids or services. For additional information or to request this service, contact Joan Andrusz at (608) (not a TDD telephone number), FAX (608) , or through the City Police Department TDD telephone number The public is notified that any final action taken at a previous meeting may be reconsidered pursuant to the City of Monona ordinances. A suspension of the rules may allow for final action to be taken on an item of New Business. It is possible that members of and a possible quorum of members of other governmental bodies of the municipality may be in attendance at the above stated meeting to gather information or speak about a subject, over which they have decision-making responsibility. Any governmental body at the above stated meeting will take no action other than the governmental body specifically referred to above in this notice.

2 Community Development Authority Minutes June 23, 2015 Draft Minutes Subject to Approval Minutes Community Development Authority Meeting June 23, 2015 Chair Stolper called the Community Development Authority (CDA) meeting to order at 6:30 pm. Present: Absent: Chair Tom Stolper, Aldm. Kathy Thomas, Aldm. Doug Wood, Mr. Andrew Homburg, Mr. Jason Scott, Mr. John Surdyk Mr. Scott Kelly Also Present: City Administrator Patrick Marsh, City Planner Sonja Reichertz, Consultants Scott Harrington and Ashley Robertson, Vandewalle & Associates MINUTES A motion by Aldm. Thomas, seconded by Aldm. Wood, to approve the minutes of the May 26, 2015 meeting was carried with no changes. APPEARANCES There were no appearances. OLD BUSINESS 5.A. Consideration of Authorization to Enter Into Exclusive Agreements with Potential Developers. A motion by Aldm. Thomas, seconded by Aldm. Wood, to remove this item from the table was carried. City Administrator Marsh said this is a similar agreement that was reviewed by the CDA at the previous meeting. City Attorney Cole said the resolution of the Council makes clear that the Mayor is the authority and requires that the CDA Chair agree to the agreement. CDA authorization is required in order to extend the agreement another 30 days. Mr. Homburg said said he feels comfortable now that CDA approval is required for an extension. A motion by Aldm. Thomas, seconded by Aldm. Wood, to approve the resolution of the City Council was carried. 5.B. Update on Joint Review Board Meeting of June 23, 2015 on TID #9. Mr. Homburg reported that the JRB meeting went very well. The JRB approved the TID 9 Project Plan with no discussion or revisions. NEW BUSINESS 1

3 Community Development Authority Minutes June 23, 2015 Draft Minutes Subject to Approval 6.A. Convene in closed Session Pursuant to Wisconsin Statute Section 19.85(1)(e) Deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting of other specified public business, whenever competitive or bargaining reasons require a closed session (Riverfront Development Project) A motion was made by Mr. Homburg, seconded by Aldm. Wood to convene in closed session under Wisconsin Statute section 19.85(1)(e) Deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting of other specified public business, whenever competitive or bargaining reasons require a closed session (Riverfront Development Project). On a roll call vote, the motion carried unanimously. 6.B. Reconvene in Open Session Pursuant to Wisconsin Statute Section 19.85(2). A motion by Aldm. Thomas, seconded by Mr. Surdyk, to reconvene in Open Session under Wisconsin Statute section 19.85(2) was carried. REPORTS OF STAFF AND COMMUNITY DEVELOPMENT AUTHORITY MEMBERS 7.A. Update on Existing and Proposed Developments City Planner Reichertz reported that the Summit Credit Union proposed for the La Bamba site at 5809 Monona Drive is still active. The applicants are looking at revisiting the project in 6-8 months. Royal Capital Group is intending to come back to Plan Commission on July 13 th. The Comprehensive Plan is getting close to being done with one element remaining and some map revisions. City Administrator Marsh reported that Lottes Park, the building at 103 W Broadway, and Lake Edge Apartments are all scheduled for August completion. 7.B. CDA Questions and Requests for Information Concerning Commercial/ Residential Development Projects/Proposals. Mr. Homburg asked if we are approaching any deadline with the Riverfront Redevelopment. City Administrator replied the March and May of 2016 are the next benchmarks for the expiration of the purchase options on the property. UPCOMING CDA MEETINGS Staff reported that the next scheduled CDA meetings are 7/28/15 and 8/25/15. ADJOURNMENT A motion by Aldm. Wood, seconded by Mr. Scott to adjourn was carried. (7:20 pm) Sonja Reichertz City Planner 2

4 Monona Riverfront Redevelopment 30 day deliverables Submitted in request for 30 day extension a. Concept plan drawing See attached Current Concept master plan drawings b. List of uses by location, square feet, and number of units See attached current master plan concept metrics c. Public improvements include: 45,110 sf pf new streets and street parking 14,668 sf of new sidewalks 40,500 sf Public plaza 6,760 sf Riverwalk promenade d. Parking plan - See attached Schematic parking plan drawings e. Phasing plan Initial priority currently scheduled to include public plaza, riverwalk promenade, associated immediately adjacent retail and Hotel. More developed phasing plan is under development based on market due diligence for mixed use retail and residential components. Another consideration affecting phasing plan include possible scope of improvements for yacht club. Based on our experience, it is our intention to bring the entire development to full expression in the shortest time possible to ensure momentum for overall success. f. Public construction cost estimates - $4,156,000 g. Private construction cost estimates - $55,949,000 h. Assessment and increment estimates To be determined during 30 day extension. i. Overall project pro forma - To be determined during 30 day extension.

5 MONONA RIVERFRONT REDEVELOPMENT MASTER PLAN CONCEPT METRICS Plan : Use Type SF # of stories Units/Keys /stalls Stalls needed Notes Residential 1 18,483 SF/floor Parking ratio =1.5/unit Bldg. GSF = 55,449 Residential 2-A 19, Bldg. GSF = 39,004 SF/floor Residential 2-B 15, Bldg. GSF = 30,904 SF/floor Residential 3 13, Bldg. GSF = 40,260 SF/floor Hotel 68,400 GSF Keys 135 Hotel Rest. *4,500 SF 1 (15 clear) - 18 *SF is portion of 68.4K Hotel Conf. Center *3,000 SF 1 (15 clear) - 70 *SF is portion of 68.4K Retail 52,200 GSF 1 (15 clear) /1000 Parking Ramp 1 167,132 GSF ,783 SF/parking tray Parking Ramp 2 57,156 GSF ,578 SF/parking tray Parking Ramp 3 50,872 GSF (2) unequal trays 3-A UG Resi. Pkg. 13,439 GSF 32 Street parking 25 TOTAL stalls shown 742 TOTAL stalls needed 717 Anticipated need TOTAL BLDG. GSF TOTAL RAMP GSF TOTAL GSF 286,217 GSF 288,599 GSF 574,816 GSF Notes: Typical building depths are 65 for retail, residential and hotel. Typical parking structures trays are located at -5 below grade & +5 above grade. Parking ramp 1 has 4 levels with upper +25 above grade.

6 VERTICAL DIAGRAM MONONA VILLAGE CONCEPT MASTER PLAN +4.5 = Typical R4 - Residential MMSD +3.5 = Typical R2 - Residential MONONA WI = Typical R1 - Residential +1.5 = Typical P2 - Parking level +1 = Typical Retail - Street level Avg. -.5 = Typical P1 - Parking level Yacht Club D A RO ID G E Units 3 floors Fiber Hub 6.5K SF 3.7K SF C 7.1K SF E 70 stalls/level 70 stalls/level 16 Units 2 floors 12-15K LOCATION OPTION B R O A D WAY 70 secure & UG stalls below Units 16 Units 3 floors 4 16 PR 5.8K SF 9K SF B PUB Monona State Bank A LIC PUBLIC PLAZA DE 20K SF NA D HOTEL LOCATION OPTION HOTEL 6 Stories 120 Keys E OM LAND USE METRICS = 52.2K GSF RESIDENTIAL = 190 UNITS HOTEL = 120 KEYS Hotel Rest. = 4.2K SF Hotel Mtg. = 2.5K SF PARKING = 745 STALLS BR A - Public art/fountain B - Village archway/movie screen C - Summer Stage & Winter Ice Rink D - Residential Courtyard E - Garage Climbing wall 8 s Park ta in lls g g /le a ve rag l4l e ev e ls POTENTIAL AREA TO BE INCLUDED IN MASTER PLAN 12-15K LOCATION OPTION N

7 VERTICAL DIAGRAM +4.5 = Typical R4 - Residential MONONA VILLAGE MMSD +3.5 = Typical R2 - Residential CONCEPT PARKING & STREET LEVEL PLAN +2.5 = Typical R1 - Residential MONONA WI +1.5 = Typical P2 - Parking level = Typical Retail - Street level Avg. -.5 = Typical P1 - Parking level Yacht Club A - Public art/fountain B - Village archway/movie screen C - Summer Stage & Winter Ice rink D - Residential Courtyard E - Garage Climbing wall 108 stalls/level HOTEL 6 Stories 120 Keys D 20K SF Fiber Hub 3.7K SF 6.5K SF C A B Monona State Bank 70 stalls/level 9K SF 22 Units / floor 16 Units / floor 5.8K SF E 70 stalls/level 7.1K SF 70 secure & UG stalls below Units 16 Units / floor N

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