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HomeMy WebLinkAbout10/03/2017 13 Yakima County SIED Funds Application; Property Development at 3215 River RoadBUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDASTATEMENT Item No. 13. For Meeting of: October 3, 2017 ITEM TITLE: Resolution authorizing an application to the Yakima County SI ED Board for funds for utilities necessary to support the development of the property located at 3215 River Road SUBMITTED BY: Sean Hawkins, Economic Development Manager, 575-6274 SUMMARY EXPLANATION: The Valley Brewing Company is under development at 3215 River Road. This new brewery and tap room would add to the growth of the local craft beverage industry within the City of Yakima and employ seven people initially. The property is currently serviced by well water and a septic sewer system which would not meet health requirements for brewing beer. The S I ED (Supporting Investment in Economic Development) grant and loan funds would extend water and sewer to 3215 River Road and also bring infrastructure to neighboring properties for future economic activities. The project is estimated to cost $103,500. The City of Yakima will have no cash commitment to make if the S I ED application is awarded. The owners of Valley Brewing Company would pay the loan portion back to the City of Yakima through an agreement using their property as collateral. ITEM BUDGETED: No STRATEGIC PRIORITY: Economic Development APPROVED FORcl*� SUBMITTAL: "'City Manager STAFF RECOMMENDATION: Adopt resolution. BOARD/COMMITTEE RECOMMENDATION: At the August 24, 2017 Council Economic Development Committee meeting, City Staff, Jon Smith from Yakima County Development Association and representatives from Valley Brewing Company reviewed the request from Valley Brewing Company for Yakima County S I ED funding to extend water and sewer to their location at 3215 River Road. The council members present, Coffey and A. Gutierrez, voted to move this issue to the full City Council. The grant application is due to the Yakima County Sl ED board on Thursday, October 5th. ATTACHMENTS: Description Upload Date Type D Resolution Valley Brewing Company 9/25/2017 Cceer Memo D Sewer and water map for Valley Brewing Company 9/25/2017 Ccoer Memo RESOLUTION NO. R -2017- A RESOLUTION authorizing an application to the Yakima County SIED Board for funds for utilities necessary to support the development of the property located at 3215 River Road. WHEREAS, the Yakima City Council established that development of commercial properties and increasing jobs for residents of the City is an Economic Development priority for the City of Yakima; and WHEREAS, the Yakima City Council has invested and partnered in the creation of Craft Beverage Yakima to help increase the number of local breweries, distilleries, wineries and cideries; and WHEREAS, Yakima County has established the Supporting Investments in Economic Diversification (SIED) funds to assist the growth of business; and WHEREAS, the property owner at 3215 River Road is developing the parcel into a microbrewery and production center that will contribute to the local tourism potential and niche beer industry growth in Yakima and will initially employ seven people; and WHEREAS, the property at 3215 River Road is currently not serviced by City water or sewer service and a successful SIED fund award would help bring these necessary services to this property, as well as to make utility services available to neighboring property owners for future economic activity; and WHEREAS, the property owner agrees to repay the loan proceeds from the SIED Fund to the City of Yakima through a written agreement to be executed if the SIED Fund approves the grant and loan request; and WHEREAS, the City Council deems it to be in the best interest of the City of Yakima and its residents to authorize the City Manager to execute and submit a grant/loan application with Yakima County for funding of infrastructure improvements from the SIED Fund for the above-described project, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager is hereby authorized and directed to submit a grant application with Yakima County for funding from the Yakima County SIED program for utility infrastructure improvements associated with development of the property located 3214 River Road. which, if awarded, will require the City of Yakima to execute a grant agreement with Yakima County and the property owner at 3215 River Road for repayment. The City Manager is authorized to execute the grant agreement with Yakima County and the property owner at 3215 River Road. ADOPTED BY THE CITY COUNCIL this 3rd day of October, 2017. ATTEST: Sonya Claar-Tee, City Clerk Kathy Coffey, Mayor w August 16, 2017 r M 5 cityMap 3219 3217 - `{'It 1310 ; 3215 J 3211 ►ir-.Main and Lateral � 2 3109 3110 3108 310 1:1,439 0 0.015 0.03 0.06 mi 0 0.0275 0.055 0.11 km Sources: Esri, HERE, DeLorme, Intermap, increment P Corp., GEBCO, USGS, FAO, NPS, NRCAN, Geo Base, IGN, Kadaster NL, Ordnance Survey, Esri Japan, METI, Esri China (Hong Kong), swisstopo, Mapmylndia, © OpenStreetMap contributors, and the GIS User Community City of Yakima, Washington City of Yakima, Washington - 2017