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HomeMy WebLinkAboutCouncil Actions 05-17-00 SpMtgButler 34841 Roanoke City Council Special Session May 17, 2000 10:00 a.m. City Council Chamber 1. Call to Order: 2. Roll Call: Council Member Wyatt was absent. 3. The Invocation was delivered by Vice-Mayor C. Nelson Harris. The Pledge of Allegiance to the Flag of the United States of America was led by Mayor David A. Bowers 5. Statement of Purpose. Mayor Bowers. Motion to convene in Closed Meeting to discuss a matter with regard to acquisition of real property for public purposes, pursuant to §2.1-344.A.3, Code of Virginia (1950), as amended. (6-0) 7. Certification of Closed Meeting: (6-0) Adopted Resolution No. 34841-051700 with regard to a Cooperation Agreement between the City and the Roanoke Redevelopment and Housing Authority to provide for a study, preparation and research in connection with establishment of a redevelopment area in the general area of Jefferson Street and Franklin Road, south of 1-581 and north of the Roanoke River. (5-0) (Council Member White abstained from voting). File #178-207-221-246 Adopted Resolution No. 34842-051700 authorizing negotiation of one or more performance agreements by and among the City of Roanoke, Carilion Health System, Carilion Biomedical Institute, the Roanoke Redevelopment and Housing Authority, the Fifth District Employment and Training Consortium, and/or the Industrial Development Authority of the City of Roanoke, for creation of a new redevelopment area within the City, construction of certain public improvements within the area, provision of certain incentives by the City to developers within the redevelopment area, creation within the redevelopment area of a certain number of new jobs, and construction of tax producing facilities therein by Carilion and/or Carilion Biomedical Institute. (5-0) (Council Member White abstained from voting). File #178-207-221-246 2 Mary F. Parker, CMC City Clerk CITY OF ROANOKE Office of the City Clerk May 18, 2000 File #178-207-221-246 Sandra H. Eakin Deputy City Clerk Darlene L. Burcham City Manager Roanoke, Virginia Dear Ms. Burcham: I am attaching copy of Resolution No. 34841-051700 authorizing execution of a Cooperation Agreement between the City of Roanoke and the Roanoke Redevelopment and Housing Authority to provide for a study, preparation and research required to be performed in connection with establishment of a redevelopment area in the general area of Jefferson Street and Franklin Road, south of 1-581 and north of the Roanoke River. The abovereferenced measure was adopted by the Council of the City of Roanoke at a special meeting which was held on Wednesday, May 17, 2000. Sincerely, Mary F. Parker, CMC City Clerk MFP:Io Attachment pc: Thomas L. Robertson, President, Carilion Health System, 101 Elm Avenue, S. W., Roanoke, Virginia 24011 Dennis G. Fisher, Ph.D, CDI-President/CEO, Carilion Biomedical Institute, 101 Elm Avenue, S. W., Roanoke, Virginia 24011 Dadene L. Burcham May 18, 2000 Page 2 pc: John P. Baker, Executive Director, Roanoke Redevelopment and Housing Authority, 2624 Salem Turnpike, N. W., Roanoke, Virginia 24017 Vickie L. Price, Administrator, Fifth District Employment & Training Consortium, 310 Campbell Avenue, S. W., Roanoke, Virginia 24016 Lynn D. Avis, Chair, Industrial Development Authority of the City of Roanoke, 3848 Bosworth Drive, S. W., Roanoke, Virginia 24014 Margaret R. Baker, Secretary, Industrial Development Authority of the City of Roanoke, 2140 Windsor Avenue, S. W., Roanoke, Virginia 24015 James D. Ritchie, Sr., Deputy City Manager James D. Grisso, Director of Finance Diane S. Akers, Acting Director, Economic Development Office of Grants Compliance 1N THE COUNCIL OF THE CITY OF ROANOKE, VIRGINIA, The 17th day of May, 2000. No. 34841-051700. A RESOLUTION authorizing execution of a Cooperation Agreement between the City of Roanoke and the Roanoke Redevelopment and Housing Authority to provide for a study, preparation and research required to be performed in connection with establishment of a redevelopment area in a certain portion of the City. WHEREAS, it appears that some sections of the City located in the general area of Jefferson Street and Franklin Road, south ofi-581 and north of the Roanoke River ("Study Area") contain blighted areas which, by reason of dilapidation, obsolescence, faulty arrangement of design, deleterious land use or obsolete layout are detrimental to the safety, health, morals or welfare of the residents of the City; and WHEREAS, the City desires that the Roanoke Redevelopment and Housing Authority undertake the initial study, preparation and research necessary to prepare and establish an appropriate redevelopment area and redevelopment plan for the Study Area. THEREFORE, BE IT RESOLVED by the Council of the City of Roanoke as follows: 1. The City Manager and the City Clerk are authorized to execute and attest, respectively, a Coope. ration Agreement with the Roanoke Redevelopment and Housing Authority to provide for the initial study, preparation and research necessary to establish an appropriate redevelopment area and redevelopment plan for the Study Area, the cost of such H:~v[EAS URESYr-southcoop. 1 services not to exceed without further action of City Council the sum of $309,700, all in accordance with the recommendation set forth in the report of the City Manager, dated May 17, 2000. 2. The Cooperation Agreement shall be in substantially the same form as that which is attached to the aforementioned City Manager's report, and shall be approved as to form by the City Attorney. ATTEST: City Clerk. H:~,tEASURE $~--~oufl~coop. 1 Roanoke City Council Regular Agenda Report May 17,2000 Honorable David A. Bowers, Mayor, and Members of City Council Roanoke, Virginia Dear Mayor and Members of Council: Subject: Execution of Cooperation Agreement between the City of Roanoke and the Roanoke Redevelopment and Housing Authority (RRHA) - South Jefferson Background: The City of Roanoke desires to designate a certain section of the City, located in the general area of Jefferson Street and Franklin Road, south of 1-581 and north of the Roanoke River, as a redevelopment area for future development. Considerations: In order for the RRHA to undertake the initial study, preparation and research necessary to prepare and establish an appropriate redevelopment area and redevelopment plan, the City must execute an agreement with the RRHA. The cost for this study and related work will not exceed $309,700 without further action of Council. Funding for this agreement will be appropriated in a separate report to be presented to City Council on May 15, 2000 (Revenue and Expenditure Adjustments) in an account in the Capital Project Fund to be established by the Director of Finance entitled "South Jefferson". Recommended Action: Authorize the City Manager to execute the Cooperation Agreement between the City of Roanoke and RRHA, in substantially the form set forth in the attachment to this report and as approved to form by the City Attorney, for the South Jefferson Project area. Darlene L. Ba,~m City Manager Attachment: 1 C: Mary F. Parker, City Clerk William M. Hackworth, City Attorney James D. Grisso, Director of Finance Diane S. Akers, Acting Director of Economic Development Vickie S. Tregubov, Grants Specialist John P. Baker, Executive Director, RRHA Report # 00-22 SOUTH JEFFERSON COOPERATION AGREEMENT This South Jefferson Cooperation Agreement is made as of this 17th day of May, 2000, by and between the City of Roanoke, a municipal corporation of the Commonwealth of Virginia (the "City') and the Roanoke Redevelopment and Housing Authority, a political subdivision of the Commonwealth of Virginia ("RRHA"). WHEREAS, it appears that some sections of the City located in the general area of Jefferson Street and Franklin Road, south of I-581and north of the Roanoke River (the "Study Area") contain blighted areas which, by reason of dilapidation, obsolescence, faulty arrangement of design, deleterious land use or obsolete layout are detrimental to the safety, health, morals or welfare of the residents of the City; and WHEREAS, it appears that there are also areas of the City located in the Study Area where the condition of title, diverse ownership, street or lot layouts, or other conditions prevent a proper development of the land; and WHEREAS, the City and RRHA agree that a plan should be developed for the redevelopment of the Study Area (the "Project); and WHEREAS, the City desires that RRHA undertake the initial study, preparation and research necessary to prepare and establish an appropriate redevelopment area and redevelopment plan for the Study Area; and WHEREAS, the City wishes to make available to RRHA funds necessary to begin such studies, preparation and research in the Study Area; and WHEREAS, the City and RRHA wish to work together as evidenced by this Cooperation Agreement in the initial phase of the revitalization of the Study Area. NOW THEREFORE, in consideration of the benefits to accrue to the City and its citizens from the establishment of a redevelopment area in this area of the City, and a plan for the redevelopment thereof, and of the mutual covenants hereinafter set forth, the City and RRHA agree as follows: 1. The City agrees to reimburse and/or transfer to RRHA on a monthly basis, within 10 business days of receipt of a Request for Payment from RRHA funds sufficient for payment of monthly charges and expenditures incurred by RRHA to conduct the studies necessary to define an appropriate redevelopment area and to prepare a redevelopment plan for the Study Area. RKE# 0633324.WPD C/M: 077836-00000-01 1 2. RRHA agrees to investigate the physical and environmental conditions existing in the Study Area and to produce an appropriate redevelopment plan within eight (8) months of the execution of this Agreement, to the extent permitted by the budget agreed to herein. 3. RRHA agrees that it will adhere to the following budget: a. Legal $ 34,500 b. Environmental $ 34,500 c. Structural Engineering Review/Analysis $ 17,250 d. Appraisal $ 34,000 e. Engineering/Master Planning $ 60,950 f. Flood Plain Cost Benefit Analysis $ 50,000 g. Support Costs $ 71,000 h. Reimbursable $ 2,500 i. Additional Services Contingency (~5%) $ 5,000 Total Budget Costs $309,700 4. RRHA may transfer budgeted funds from line item to line item within the overall budget referred to in paragraph 3 above upon approval by City Manager or her designee to the City as long as such fund movement does not result in any change in the overall budget amount. 5. RRHA agrees to coordinate its efforts with the City and to report monthly on its progress on the Project to the City Manager or her designee. 6. RRI-IA agrees that any funds that may be transferred by the City to RRHA monthly as set forth in paragraph 1 shall be deposited by RRHA in a bank selected by RRHA within a reserve fund to be used only in accordance with the budget approved herein by the City and RRHA. 7. RRHA shall, at the direction of the City Manager use, for the Project, interest, if any, earned from the investment of any funds transferred by the City to RRHA after receipt of such funds by RRHA and before disbursement of such funds for the Project. 8. RRHA shall keep records of its financial transactions for the Project in accordance with generally accepted accounting principles. The City and RRI-IA agree that RRHA shall engage the services of an independent auditor to conduct, as a part of its annual audit, an audit of the financial transactions undertaken for the Project. The City Auditor shall have access to all financial records. 9. RRHA agrees that it shall return to the City any unused funds it has received from the City for the Project upon demand therefore by the City Manager. RKE# 0633324.WPD 2 C/M: 077836-00000-01 10. RRHA may contract without the City's prior approval for services deemed by RRHA to be necessary to the undertaking and carrying out of its responsibilities under this Agreement; provided, however, that RRHA shall not exceed the budget set forth herein for such services. 11. The City and R_RI-IA agree to abide by the provisions of Section 23.1-20 of the Code of the City of Roanoke (1979), as Amended, attached hereto as Exhibit I and incorporated herein by reference. 12. RRHA shall furnish the City a copy of a blanket corporate fidelity bond surety acceptable to the City and to RRHA coveting all officers and employees of RRHA capable of authorizing disbursement of funds or handling funds received or disbursed by RRHA from the City in the amount of One Hundred Thousand Dollars ($100,000) for each officer or employee. 13. This Agreement and the performance thereof shall be governed, interpreted, construed and regulated by the laws of the Commonwealth of Virginia. 14. Any notices required to be given under this Agreement shall be sufficient if in writing and sent by first class, registered or certified mail, return receipt requested; if to RRHA to the Executive Director, P. O. Box 6359, Roanoke, Virginia 24017-0359, with a copy to the Director of Development; or if to the City, to the City Manager, Room 364, Municipal Building, 215 Church Avenue SW, Roanoke, VA 24011. Either party may change its address for purposes of notice by giving notice to the other in accordance with this paragraph. 15. This Agreement shall be binding upon and shall inure to the benefit of the successors and permitted assigns of the parties hereto; provided, however, that in no event may this Agreement or any of the rights, benefits, duties or obligations of the parties hereto assigned, transferred or otherwise disposed of without the prior written consent of the other, which consent neither party shall be obligated to give. 16. It is understood between the parties that no third party tights are created by this Agreement. CITY OF ROANOKE By: City Manager Attest: RKE# 0633324.WPD C/M: 07783600000-01 3 Attest: ROANOKE REDEVELOPMENT AND HOUSING AUTHORITY By: Executive Director Appropriation of Funds for this contract certified: City of Roanoke By: Director of Finance Approved as to Form: City of Roanoke By:. City Attorney Approved as to Execution: City of Roanoke By:, City Attorney RKE# 0633324.WPD C/M: 07783600000-01 4 Exhibit I Code of the City o£Roanoke (1979), as Amended $~:.2~. 1-20. ~m dL_~i_'mln~ion by c~-_~__or_ 6i~,hihjt__~t Every conum~ of over ten thounnd doflm~ ($10,000.00) to wh/ch the c/W is a pray stroll contain ttm provi~ons in su~~ (a) ami (b) (~) (2) The contractor, in all solicitations or advertisern~ for employees prated by or on behalf of the contractor, will state that such contractor is an equal employment opportunity employer. (3) Notices, advertisements and sohcitations placed in aCCOrdance with federal law, rule or reipjlntion shall be deemed sttfficien£ for the purpose of meetin8 the requirements of this section. ~,/,[,~/ann (:~), tn every su0comract or purchase order of ~ver ~'en ~pr~Pdoilars ($10,000.00), so that the provisions will be bindin8 upon each subcontractor or vendor. (Ord. No. 26298, § 1,12-6-82) Mary F. Parker, CMC City Clerk CITY OF ROANOKE Office of the City Clerk May 18, 2000 File #178-207-221-246 Sandra H. Eakin Deputy City Clerk Dadene L. Burcham City Manager Roanoke, Virginia Dear Ms. Burcham: lam attaching copy of Resolution No. 34842-051700 authorizing negotiation of one or more performance agreements by and among the City of Roanoke, Carilion Health System, Carilion Biomedical Institute, the Roanoke Redevelopment and Housing Authority, the Fifth District Employment and Training Consortium, and/or the Industrial Development Authority of the City of Roanoke, for creation of a new redevelopment area within the City, construction of certain public improvements within the area, provision of certain incentives by the City to developers within the redevelopment area, creation within the redevelopment area of a certain number of new jobs, and construction of tax producing facilities therein by Carilion and/or Carillon Biomedical Institute. The abovereferenced measure was adopted by the Council of the City of Roanoke at a special meeting which was held on Wednesday, May 17, 2000. Sincerely, Mary F. Parker, CMC City Clerk MFP:Io Attachment pc: Thomas L. Robertson, President, Carilion Health System, 101 Elm Avenue, S. W., Roanoke, Virginia 24011 Dennis GTFishe~-Ph.D, CDI-President/CEO, Carilion Biomedical Institute, 101 Elm Avenue, S. W., Roanoke, Virginia 24011 C:~lyFiles'.,specialmeetage05,- 17..O0.wpd Dadene L. Burcham May 18, 2000 Page 2 pc: John P. Baker, Executive Director, Roanoke Redevelopment and Housing Authority, 2624 Salem Turnpike, N. W., Roanoke, Virginia 24017 Vickie L. Price, Administrator, Fifth District Employment & Training Consortium, 310 Campbell Avenue, S. W., Roanoke, Virginia 24016 Lynn D. Avis, Chair, Industrial Development Authority of the City of Roanoke, 3848 Bosworth Drive, S. W., Roanoke, Virginia 24014 Margaret R. Baker, Secretary, Industrial Development Authority of the City of Roanoke, 2140 Windsor Avenue, S. W., Roanoke, Virginia 24015 James D. Ritchie, Sr., Deputy City Manager James D. Grisso, Director of Finance Diane S. Akers, Acting Director, Economic Development Office of Grants Compliance C :\MyFiles~speciatmeetage05-17-00.v4xl IN THE COUNCIL OF THE CITY OF ROANOKE, VIRGINIA, The 17th day of May, 2000. No. 34842-051700. A RESOLUTION authorizing the negotiation of one or more performance agreements by and among the City of Roanoke ("City"), Carilion Health System ("Carillon"), Carilion Biomedical Institute ("CBI"), the Roanoke Redevelopment and Housing Authority ("RRHA"), the Fifth District Employment and Training Consortium ("FDETC") and/or the Industrial Development Authority of the City of Roanoke, Virginia ("IDA") for the creation of a new redevelopment area within the City, the construction of certain public improvements within this area, the provision of certain incentives by the City to developers within the redevelopment area, the creation within the redevelopment area of a certain number of new jobs, and the construction of tax producing facilities therein by Carilion and/or CBI. WHEREAS, the City Manager has provided to the President and Chief Executive Officer of Carilion and the Director ofCBI a proposal letter dated May 15, 2000, proposing the general terms and conditions of a proposed performance agreement by and among the City of Roanoke, CBI, the RRHA, the FDETC and the IDA, with which proposal the Council concurs; and ' H:~I~AS URE Sh'-~bine8o. 1 WHEREA~ this Council desires for the City to participate in this proposed project in accordance with the general terms and conditions as set out in the City Manager's proposal letter dated May 15, 2000. THEREFORE, BE IT RESOLVED by the Council of the City of Roanoke that the City Manager and City Attorney are authorized to negotiate the terms and conditions of one or more performance agreements by and among the City of Roanoke ("City"), Carilion Health System ("Carilion"), Carilion Biomedical Institute ("CBI"), the Roanoke Redevelopment and Housing Authority ("RRHA"), the Fifth District Employment and Training Consortium ("FDETC") and/or the Industrial Development Authority of the City of Roanoke, Virginia ("IDA"), such agreements to be consistent with the City Manager's proposal letter dated May 15, 2000, and to be subject to the approval of this Council and the appropriation of funds necessary therefor. ATTEST: City Clerk. H :'uMEAS URE S~r-cbinego. 1 Roanoke City Council Regular Agenda Report May 17, 2000 Honorable David A. Bowers, Mayor, and Members of City Council Roanoke, Virginia Dear Mayor and Members of Council: Subject: Authorization to Negotiate Performance Agreements Background: Carilion Health System (CHS), Virginia Tech and the University of Virginia announced in November 1999 the creation of the Carilion Biomedical Institute (CBI). CBI would be located somewhere in the Roanoke Valley. The City of Roanoke, home to both Roanoke Memorial and Community Hospitals, saw an opportunity to address an area experiencing blight and underutilization between the two facilities. This area would benefit from being declared a redevelopment area. Negotiations with the Roanoke Redevelopment and Housing Authority (RRHA) resulted in a cooperation agreement to prepare a request that land highlighted on the attached map be declared such an area. Discussions were held with CHS and CBI on their siting the first CBI building in this redevelopment area, particularly in Area 1. A proposal letter has been signed by the City Manager, CHS, and CBI concerning acquisition of this initial site, infrastructure improvements in the area, a new interchange off the Roy Webber Expressway, and the possibility of future acquisitions by CHS, CBI, or other parties. Each provision is explained in the attached proposal letter dated May 15, 2000. Recommended Action(s): City Council concur in the proposal letter and authorize the City Manager and the City Attorney to negotiate one or more performance agreements incorporating the points in the attached proposal letter with CHS, CBI, the RRHA, the Fifth District Employment and Training Consortium (FDETC) and/or the Industrial Development Authority (IDA). Provided, however, that the final performance agreement will be subject to approval by Council and the appropriation of funds necessary for the project. Re .~ffully submitted, City Manager Attachments: Proposed Redevelopment Area map Signed Proposal Letter CC: James D. Grisso, Director of Finance William M. Hackworth, City Attorney Mary F. Parker, City Clerk Diane S. Akers, Acting Director, Economic Development Riverside Centre For Research and Technoto~y 1 // Office of the City Manager May 15,2000 Mr. Thomas L. Robertson President and CEO Carilion Health System P. O. Box 40032 Roanoke, Virginia 24022 Dr. Dennis Fisher Director Carilion Biomedical Institute P. O. Box 13727 Roanoke, Virginia 24036-3727 Dear Mr. Robertson and Dr. Fisher: Since Carillon Health System, Virginia Tech and the University of Virginia announced the creation of the Carilion Biomedical Institute (CBI) in November of 1999, the City of Roanoke has developed and refined the following proposal in response to the needs of CBI, Carilion Health System, technology based business, and the city. This proposal is truly exciting because it brings new uses to property that generates inadequate tax revenues located in an underutilized, floodplain area, increases opportunities for recreation and tourism, and creates a fascinating entrance to the world of biotechnology. Please know that Roanoke is committed to bringing this proposal to fruition in our city. For the purpose of this proposal, the term "Carilion" shall mean Carilion Health System and any of its subsidiaries, affiliates, parent entities, or any other entities of any type which are associated in any way with Carillon Health System, and which exist or operate within the City of Roanoke either now or in the future. This definition includes Carilion Services, Inc., Carillon Roanoke Community Hospital, Carilion Roanoke Memorial Hospital, and Burrell Nursing Center, Inc., but does not include CBI. The term "Carilion/CBl" shall mean Carilion and/or CBI. The city proposes the following: Upon adoption of the proposed redevelopment plan by Roanoke City Council, the Roanoke Redevelopment and Housing Authority (RRHA) will proceed to acquire property, as set forth in the redevelopment plan. The property identified on the attached map will be included in the Room 364 Municipal South 215 Church Avenue, S.W. Roanoke, Virginia 24011-1591 (540) 853-2333 FAX (540) 853-1138 CityWeb:www. ci.roanoke,va.us Carilion/CBI Proposal May 15, 2000 redevelopment area. Carilion/CBI may develop their own master plan consistent with RRHA's redevelopment plan. It is RRHA's intent to submit the redevelopment plan for City Council approval within seven to eight (7-8) months of the signing of a performance agreement by Carilion/CBI, the City of Roanoke, RRHA, Fifth District Employment and Training Consortium (FDETC), and possibly the Industrial Development Authority (IDA). Every effort will be made to shorten the process, including engaging the services of consultants. Pursuant to the redevelopment plan, RRHA will acquire and clear all property contained in Areas I and lA within thirty-six (36) months of the adoption of the redevelopment plan by Roanoke City Council. Carilion/CBI agrees to designate, no later than the date of adoption of the redevelopment plan, approximately five (5) acres within Area 1 as the site of its initial improvement (Initial Site). RRHA will include the Initial Site within the portion of Area I to be acquired and cleared within twelve (12) months of adoption of the redevelopment plan. Clearing the property includes demolition of existing improvements, site preparation and all necessary environmental remediation. This Initial Site will be conveyed, immediately after clearing, by RRHA to Carilion/CBI for consideration in the amount of the fair market value of the Initial Site. All of the remaining property in Areas 1 and lA will be acquired and cleared, in accordance with the redevelopment plan, within thirty-six (36) months of the plan's approval date, and Carilion/CBI shall purchase said property within twelve (12) months thereafter. The obligation on the part of RRHA to acquire and clear property in Areas I and lA does not apply to property in such Areas already owned by Carilion/CBI. If VDOT approves the on/off ramp from Roy Webber Expressway, and acquires all of Area 3, the revenue from the sale of the land in Area 1, other than the sale price of the Initial Site, will be used for public improvements, subject to the approval of the City Manager, in or adjacent to redevelopment Areas 1, lA, lB, and/or 3 within 12 months of the clearing of Area 3. Such public improvements will be in addition to those described in this proposal. Roanoke will contribute to CBI, through a grant from the RRHA or IDA, $2M for on-site improvements to the Initial Site at the time Carilion/CBI awards the contract for its initial building, subject to the contract being awarded within 18 months of Carilion/CBl's purchase of the Initial Site. On-site improvements may include storm drainage, public utilities such as water and sewer, underground utilities such as electricity, greenspace, parking, and building construction. Should on-site improvements cost less than Carilion/CBI Proposal May 15, 2000 3 $2M, the difference shall be refunded, with interest at a rate agreed upon by all parties, to the City of Roanoke through RRHA or the IDA within 60 days of a written request for the refund. The city will petition to rezone the redevelopment plan area to an Industrial Planned Unit Development (definition attached). Pursuant to the redevelopment plan and a schedule to be prepared by RRHA, RRHA will acquire all property contained in Areas lB, 2 and 4. However, if Carilion/CBI, or other potential purchasers, from time to time request that specific parcels in Areas lB, 2 and 4 be acquired, RRHA will immediately proceed to purchase and sell to Carilion/CBI or other potential purchasers said property within twelve (12) months thereafter, if Carilion/CBI makes such request to acquire, Carilion/CBI agrees to purchase said property in its then current condition within that twelve (12) month period. Additionally, such written request by Carilion/CBI must also guarantee, through security acceptable to RRHA, the construction of a facility(ies) thereon within thirty-six months of Carilion/CBl's purchase date. If purchased by Carilion/CBI, the construction of such facility(ies) thereon will be commenced within twenty-four (24) months of its purchase, subject to the conditions set forth in the redevelopment plan. If construction is not commenced in this period of time, Carilion/CBI agrees to reconvey the property to RRHA at its original purchase price, upon request. Roanoke has identified an access solution from the Roy Webber Expressway to Reserve Avenue. This solution is shown on the attached copy of the ramp map. Subject to approval by the Virginia Department of Transportation (VDOT) and any required federal or state agencies, and the availability of funds, the proposed exit and on ramps should be constructed within seven (7) years following such approval. The city will make this project the number one (1) priority project in its urban allocation funding. Upon approval, the ensuing schedule for a VDOT roadway project typically begins with a two-year design phase, followed by a two-year property acquisition phase. This scenario suggests that property needed for the interchange would be acquired in the third and fourth years of the project. Approval of the interchange should occur by June, 2001. If VDOT does not include this access solution in the Six-Year Improvement Program, Roanoke remains committed to exploring other alternatives for improved access by VDOT. If VDOT has not approved the access solution by December 31, 2001, or if the VDOT access solution is approved, but does not include the acquisition and clearing of the property currently known as Tax #s 4040301,4040303, Carilion/CBI Proposal May 15, 2000 4 4040306, 4040206, 4040202, 4040203, and 4040204, RRHA will acquire these properties and clear the site by February 29, 2004. At that time, appropriate screening will be used to shield the remaining property in Area 3 from view until such time as VDOT acquires the remaining property or a funding source can be identified to allow purchase and clearance of the remainder of Area 3. In addition, if such property is acquired by VDOT, but is not used by VDOT for the access solution and becomes surplus property, RRHA will acquire such property from VDOT and clear it at such time. At any time after Tax #s 4040301,4040303, 4040306, 4040206, 4040202, 4040203, and 4040204 or any portion thereof are acquired and cleared, RRHA will, upon request, sell to Carilion/CBI or other potential purchasers specific parcels. If Carilion/CBI makes such request, Carilion/CBI agrees to purchase said property immediately thereafter. Additionally, such written request by Carilion/CBI must also guarantee, through security acceptable to RRHA, the construction of a facility(les) thereon within thirty-six months of Carilion/CBl's purchase date. If purchased by Carilion/CBI, the construction of such facility(ies) thereon will be commenced within twenty-four (24) months of its purchase, subject to the conditions set forth in the redevelopment plan. If construction is not commenced in this period of time, Carilion/CBI agrees to reconvey the property to RRHA at its original purchase price, upon request. Immediate steps to improve exit, gateway and directional signs on the Roy Webber Expressway, with VDOT's approval, and the city streets for current Carilion properties will be undertaken within one (1) year of the date of the performance agreement. Roanoke also shares a concern about traffic at the intersection of Elm Avenue and Williamson Road and will continue to look for ways to mitigate those concerns. 10. The city commits to the completion of the Mill Mountain and Roanoke River greenways, as proposed in the Conceptual Greenway Plan (developed by Greenways Incorporated in December 1995) in the redevelopment area within three (3) to five (5) years, subject to obtaining all required regulatory permits and approvals and acquiring all necessary rights-of-way. 11. Improvements to the recreational areas along the Roanoke River and public areas south of Reserve Avenue and adjacent to Area lA will occur within 10 years of the approval of the redevelopment plan. It is the intent of the city to continue use of the property south of Reserve Avenue for recreational purposes. Although the city intends to improve the areas along the River to the best appearance possible, such improvements are contingent upon the completion of the Roanoke River Flood Reduction project, which is controlled by the Army Corps of Engineers. Carilion/CBI Carilion/CBI Proposal May 15, 2000 5 will have the opportunity to review and comment on the portion of the Roanoke River flood reduction project from Franklin Road to Piedmont Park prior to City Council approval. 12. The city will work with the New River Valley Inland Port to have the redevelopment area designated as a Foreign Trade Zone (FTZ) or to establish FTZ subzones to benefit manufacturers importing raw materials. Such a designation will allow manufacturers within the FTZ area to avoid import duties until a determination has been made as to the destination of their product. 13. The city, through the RRHA or IDA, will provide in an amount equal to 6.25% of the total funds otherwise contributed to the Carilion Venture Capital Fund for use in the redevelopment area, up to $1M, if the fund is established within 60 months of the redevelopment plan's approval by Roanoke City Council. For example, if the fund receives $4M for use in the redevelopment area, the city will contribute $250,000. If the fund receives $8M for use in the redevelopment area, the city will contribute $500,000. 14. As part of their Master Plan and in accordance with the redevelopment plan, Carilion/CBI will prepare conceptual designs for public improvements within the public rights-of-way at their expense. The city will then design, bid and construct, according to this plan and subject to City Manager approval, the proposed improvements to public rights-of-way by the time CBI completes its initial building (estimated completion date is June 30, 2003). These improvements will include a median and sidewalks with appropriate landscaping, lighting, and public signs, along both sides of Reserve Avenue, a pedestrian trail from the south side of Reserve Avenue to the pedestrian bridge over the Roanoke River, appropriate landscaping, lighting, and public signage along both sides of Jefferson Street adjacent to Area 1, and landscaping along the Roy Webber Expressway within the public rights-of-way, subject to VDOT approval. Any public improvements, on the east side of Jefferson Street, such as sidewalks, will be scheduled as soon as permitted by the new access solution timetable or alternate plan schedule for clearing Area 3 as outlined in paragraph 8. 15. The city will endeavor to have Norfolk Southern's (NS's) right-of-way in this area reduced within 48 months of the redevelopment plan's approval, and make any released area available to Carilion/CBI in conjunction with Area 1 at fair market value. Any monies paid for NS right-of-way will not be used for additional public improvements in the area. Carilion/CBI Proposal May 15, 2000 6 16. Office space currently occupied by the Graduate Center in the Church Avenue parking garage will be available for lease to Carilion/CBI under the same terms and conditions as the current lease, contingent upon Carilion/CBI accepting this proposal. Up to 30 parking spaces in the Church Avenue parking garage will be available for the same cost as the present Carilion downtown parking agreement dated September 1, 1998. Both office and parking space will be available for lease for a term beginning when the space is vacated by the current tenant (approximately September 1, 2000) and ending after 60 months or when the CBI initial facility is issued a Certificate of Occupancy, whichever first occurs. 17. The city will provide through the Fifth District Employment and Training Consortium, a $1,000 training incentive per city resident newly hired to work within the redevelopment area, up to a total of $50,000. In return, the city requires that Carilion/CBI execute a performance agreement with the city, FDETC, RRHA, and possibly the IDA, providing at a minimum for the following: Carilion/CBI agree that all tax-exempt properties under their control and located in the redevelopment area shall pay full real estate taxes. Carilion/CBI shall spend, within 24 months of the purchase date of the Initial Site, at least $10M on new real estate tax revenue producing capital improvements in Area 1. At least 15,000 square feet of the capital investment will be flexible office space, which may be available for start-up or spin-off business or activity. Carilion/CBI shall construct at least 15,000 square feet of additional flexible office space once the initial flexible office space reaches eighty-five (85) percent occupancy. Carilion/CBI shall cause to be spent, within 30 months of the purchase of the balance of Area 1 and lA, at least an additional $10M on new real estate tax revenue producing capital improvements in Areas 1 and lA. Carilion/CBI shall cause to be spent, within 54 months of the purchase of the balance of Area 1 and lA, at least an additional $10M on new real estate tax revenue producing capital improvements in Areas 1 and lA. If Carilion/CBI purchases any of the properties bought by RRHA, according to the redevelopment plan, such purchases shall be made at fair-market value as determined by an independent appraiser agreed to by Carilion/CBI and RRHA. Carilion/CBI Proposal May 15, 2000 Carilion/CBI shall aggressively market and recruit businesses and spin- offs beginning no later than one year prior to the expected completion date of the initial CBI facility. Carilion/CBI shall (i) cause to be created within 60 months of the purchase of the Initial Site approximately 200 jobs within the redevelopment area and (ii) own and use property in the square footage equivalent of that owned by Carilion/CBI after 98 months, for a period of at least 20 years from the date of the performance agreement. Carilion/CBI shall report to the city on an annual basis information related to compliance with the conditions of this proposal and the performance agreement. It is understood that the terms and conditions expressed herein are subject to approval and adoption of the redevelopment plan by the RRHA Board of Commissioners and by Roanoke City Council and the acquisition of the real estate as set forth in the redevelopment plan. It is further understood that the intended conveyance of such real estate to Carilion/CBI in no way precludes the conveyance of such real estate to third party users as may be consistent with the redevelopment plan in the sole discretion of RRHA. In the event that RRHA is unable, for whatever reason, to acquire the real estate as set forth herein, Carilion/CBI, at its option, may reconvey to RRHA any property it has purchased from RRHA at its original purchase price. The above conditions are subject to formal approval and appropriation by the City Council. Thank you for the opportunity to develop this proposal, which revitalizes a long-term partnership with the potential to create significant economic benefits to the Roanoke Valley. This development will provide a unified, campus-like environment for Carilion/CBI facilities and be a continued impetus for the expansion of gateways, greenways, and future recreational opportunities in the area. This administration is committed to the success of this redevelopment project. Your business is an advocate and strong supporter of our many economic development efforts and we welcome the opportunity to work directly on a Carilion/CBI project. Sincerely, Darlene'~ City Manager Carilion/CBI Proposal 8 May 15, 2000 Subject to approval by our respective Boards of Directors, Carillon and CBI are pleased to accept the above proposal from the City of Roanoke, and look forward to working with you. Carilion Health System Thomas L. Robertson President and CEO Carilion Biomedical In~ Dennis G. Fisher, Ph.D. President and CEO F:\users\rachel\WORD\briggs\CBl\CBI City Letter Working REV 5.doc ~*ca. M.I-~M--M.I-30~. lb~rved. 9ubdivMon B. IPUD; hdu~ Planned Unit Development Didier 9me. 38.1.30T. lntont. The establishment and designation by the city council of an ma as an industrial planned unit development (TPUD) district, as defined in this section, is intended to encourage the orderly :development of uat~ which requir~ an integration of Imrge-~ africa, research, commercial and mnufacturing fmcilitkm in map* arete structures, designed as a unit, in a _e~m~nua-like enviro~0Mmt. The purpcoe of the regulation~ is to eneourage flexibility in design, promote the appropriate uae of land. facifitato the ade- quate and economic provision of streets, utilities and other ina- provements, and to preserve and enhance the natural and econic qualities of span apace. (Ord. No. 28611, § 2, 4-27~7) (a) Any area meeting tho requirements of this eectiom ma~ by amendment to this chapter be zoned industrial planned unit developmmnt district and mid n shall be desi~mted IPUD am the official zoning map; CO) The development shall oecur an one (1) or nu~ Iota wMch are contigumm or would be esntigumm but for their eopmmiiom by a streat4 and (c) Shall coneist of at beet twenty (20) ao~ or ten (10) aeme in the urban enterpri~ zone, and at beet two (2) buildin0m tala developed .aa n unit aeeording to tbs standards zot fm~h in tide division. (Ord. No. 28611, ] 2, 4-27~7) the city council: CO) Principal pennitt~ u~ in tim IDA district, section 36.1.988 et seq. ~c) Nonresidential uses permitted in the C-2 distrint, su~Jem 36.1-206. provided the total 8rozo floor ares devotod to these uomo does not esceod fif~esn ¢15) percent of the from land area within the IPUD. ,Ord. No. 28611, § 2, 4-274~7) ZONING ! 36.1.311 ~n-C. 36.1-310. Development standards. All applications for review and approval of IPUD districts shall comply with the following standards and controls of development: (a) [Vehicular access.'] Each lot within an IPUD district shall have usable vehicular access from its own frontage to a public street. Co) Floor area ratio: The maximum floor area ratio of ali prin- cipal and acco~ory buildings ahall be two (2). (c) Yards- TheFe shall be no minimum yard requirements; pro* vided that no building shall be cl~or than fifty (50) feet from a residential district or lot contalninf a residential use and no parking area shall he cl~aar than fifteen (15) feet to a residential district or lot containing a residential uaa. (d) Height: The maximum height of Imildin~ shall be forty. five (45) feet, except aa provided in section 36.1409. (a) Otnn space: A minimum of ton (10) pereent of the ~rom area which is unencumberod by driveways or perkinf; this area my twenty (20) feet From averqe fround level. Open qmco zo pro- vidod dali be m~cemibla to all amploymes od' the u~es in the dbtric~ tiaa and the antieipatad volum~ of tra~ of t~ development. (f) gAfrf~. The phn For davit ~' any aitm within the distriot dtall be daai__wnod and arranwed in roach a way as to promote anar~ efficiancy. (Ord. No. 28811, ! 2, 4-~7-87) 9es. 3~1-311. Application rmquh~. The application for reaoning to an !1~ district ahall include the concurrent submittal and approval of a develolmaent plan pursuant to a~ction 36.1~70 et zoq., and concurrent submittal and approval of a subdivision plat, if required, pursuant to Chap* tar 31 of the City Code. For Immediate Use May 17, 2000 CONTACT: Chris Slone 853-2333 ROANOKE WILL DEVELOP A 74-ACRE RESEARCH AND TECHNOLOGY PARK BY THE ROANOKE RIVER Scenic business park will support healthcare research, high-tech manufacturing and recreation ROANOKE, Va. (May 17, 2000) Roanoke will develop a new business park to attract high- tech healthcare-related industries to the valley. The Riverside Centre for Research and Technology will cover approximately 74 acres along the South Jefferson Street corridor, extending to the banks of the Roanoke River. "This development will tie everything together," said Mayor David Bowers. "It connects the downtown market and the Hotel Roanoke to the South Jefferson area. It extends our river greenway, and will enhance the redevelopment of River's Edge Park." The project will be developed by the Roanoke Redevelopment and Housing Authority as a redevelopment area. City Council will be asking the Virginia Department of Transportation to build a new interchange on the Roy L. Webber Expressway, providing direct access to the technology park and relieving pressure on the Elm Avenue interchange. The City's Industrial Development Authority also will be a partner in the project. Initially, the City will invest approximately $14 million in the site's development, which will include improved streets, walking trails, and a greenway along the banks of the river. "VVhen you attract high-paying, high-tech businesses, you're not just selling land, you're selling a way of life," said City Manager Darlene Burcham. "This greenway business campus, with access to downtown, the interstate, and all the benefits of living in Roanoke, will attract the high-paying jobs we seek." VVhen complete, the park will offer 1,250,000 square feet of building space and could attract up to $175 million in capital expenditures and up to 2,500 new jobs. The Riverside Centre will also have a positive impact on surrounding neighborhoods. Landscaping will enhance the overall beauty of the area, riverside recreation will be within walking distance, and industrial pollution will decrease. All these factors should have a positive impact on residential property values. Planning for the Riverside Centre will take place over the next eight months. The actual redevelopment of the property will occur in 2001. The first sites will be available in early 2002. The Carilion Biomedical Institute will be the Riverside Centre's first tenant. The Institute is a biomedical science, engineering and technology organization devoted to research, development and the commercial application of health-related products. FACTSHEET Riverside Centre for Research and Technology Proiect specifications · The project covers approximately 76 acres · The site is expected to qualify as a redevelopment area under state guidelines · Potential for 1,250,000 square feet of development. · Existing street system will be upgraded · Served by new highway interchange · 15 year development timeline Development proces~ · The City of Roanoke will provide the necessary funding · The Roanoke Redevelopment and Housing Authority will develop the site · Parcels will be sold to businesses at fair market value Investment · The City will make an initial investment of $14 million. · The City will work with VDOT on a new interchange on the Roy L. Webber Expressway · The City's Industrial Development Authority also will be a partner in the project. Economic Investment~ · The City anticipates that the project will have a $30 million capital investment in the first phase with potential for $175,000,000 in capital expenditures. · Approximately 200 initial jobs with potential for 2,500 Significant payroll and tax revenue Potential to attract research funding Land Acouisition · Development requires the acquisi- tion of approximately 53 acres · The Roanoke Redevelopment and Housing Authority will handle the acquisition · No homes will be affected · Non-qualifying businesses may be relocated · Property owners will be paid fair market value Economic Development · Provides needed land for economic development without destroying existing parks, green space or wetlands · Allows the city to compete with other jurisdictions with more land available. for economic development · Attractive "campus-style" layout will create the kind of work environment that attracts high tech companies Greenwav and Ne~qhborhood · Reclaims part of the Roanoke River for public access · Reduces pollution levels in the city · Reduces traffic pressure on Elm Avenue/I-581 interchange · Protects residential neighborhoods from blight and traffic · River access, walking trails and recreation areas will benefit all city residents Suooorts and enhances other redevelooment efforts · Connects the Roanoke River greenway · Connects downtown revitalization efforts to South Jefferson area · Enhances the River's Edge Sports Complex ROANOKE ~ REDEVELOPMENT AND HOUSING AUTHORITY Partners in Progress May 17, 2000 Dear Business/Property Owner: Recently, you may have heard that Carilion proposed a new Biomedical Institute for the region to attract high technology health care industries to the valley. This type of facility and others like it are of monumental importance to the region and have been the topic of discussion by many citizens and local governments for several months because of the quality economic development opportunities it could provide. This morning Roanoke City Council authorized a cooperation agreement with the Roanoke Redevelopment and Housing Authority (RRHA) to have them conduct a study of the area shown on the attached map in order to establish it as a redevelopment area. In order to establish the redevelopment area, RRHA must undertake a study and prepare a redevelopment plan. Your property is included in this redevelopment study area. This study will evaluate the existing conditions and land uses, street layout and access, topography, utilities, and other pertinent development factors. A written report (plan) will be prepared that recommends land uses, development criteria, and properties to be acquired to facilitate desired new development. We are committed to working with you to ensure that you are kept informed of all activities affecting your business and that all questions you may have are addressed. To help you in understanding the proposed redevelopment and the process for acquiring properties, we have prepared the attached list of common questions and answers. In addition, RRHA and the City will hold a meeting for affected business/property owners on Thursday, June 1, 2000 at 6:00 p.m. in Roanoke City Council Chambers. In the interim, any questions or comments that you may have should be directed to Mr. Fred A. Johnson, Director of Development, RRHA, at 983-9209. We appreciate your understanding in working with RRHA and the City to establish a redevelopment area in this section of the City. We look forward to meeting with you and discussing any questions or comments that you may have. Sincerely, Executive Director, RRHA Sincerely, Darlene L. Burcham City Manager, City of Roanoke Attachments e,. e., e,, e., e~ Proposed Redevelopment Area - Q & A What is a Redevelopment Area? Under Virginia Law, the Roanoke Redevelopment and Housing Authority is authorized to conduct necessary studies and propose a redevelopment plan to City Council. The survey of the area involves: 1. A study of the existing site conditions and land uses, including use types, street and lot layout, topography, utilities, transportation access. 2. A study of the historical development pattern of the areas adjacent to the redevelopment area. A study of the history of the redevelopment area in terms of economic activity, including number and types of businesses, business receipts, employment levels, real estate values and real estate tax revenues. 4. The survey may also include other significant factors in the area. Based on the results of these studies, evaluation of the existing conditions in the redevelopment area will be done in terms of 1) economic vitality of existing uses; 2) compatibility of existing uses with surrounding areas; 3) appropriateness of existing uses in light of topographic conditions; 4) probability of future private sector investment and development in the area; 5) impact of existing uses on projected development of the corridor in which the area is situated; and 6) effect of the existing conditions on the economic and social welfare of the City. When will the study of the area begin? The study conducted by the Roanoke Redevelopment and Housing Authority will begin this summer. What are some benefits of declaring a Redevelopment Area? Land for economic development without destroying existing parks, green space or wetlands · Enhancing the competitive edge of the city · Economic stability · Increasing projected tax revenues Who can be located within the Redeveloped Area? Any business conforming to the redevelopment plan that is adopted. When will more information be provided to property and business owners? There will be an open meeting to discuss various aspects of the proposed redevelopment plan on Thursday, June 1st at 6:00 p.m. at Roanoke City Council Chambers. Itinerary for May 17, 2000 10:00 a.m. 10:45 a.m. Special Meeting of City Council Joint Ann.ouncement with Carilion Speakers (in order) Mayor David Bowers John Baker Darlene Burcham Tom Robertson RIVERSIDE CENTRE FOR RESEARCH AND TECHNOLOGY GOOD MORNING ANNOUNCEMENT May 17, 2000 Remarks for Mayor Bowers I HAVE HAD THE PRIVILEGE OF MAKING MANY IMPORTANT ECONOMIC DEVELOPMENT ANNOUNCEMENTS OVER THE PAST SEVERAL YEARS. I BELIEVE THIS ONE MAY BE THE MOST IMPORTANT AND EXCITING ANNOUNCEMENTYET. WE HAVE A UNIQUE OPPORTUNITY TO FOCUS OUR CITY'S ECONOMIC VISION, WHILE AT THE SAME TIME IMPROVING OUR ENVIRONMENT, PROTECTING A NATURAL RESOURCE, AND ENHANCING THE QUALITY OF LIFE FOR ALL OUR CITIZENS. JUST LIKE THOSE NORFOLK SOUTHERN LOCOMOTIVES DROVE ROANOKE'S ECONOMY TO PROSPERITY FROM THE TURN OF THE CENTURY, THE RNERSIDE CENTRE FOR RESEARCH AND TECHNOLOGY WILL BE THE ENGINE THAT DRIVES OUR ECONOMY TOWARD THE FUTURE. STRETCHING ALONG JEFFERSON STREET FROM COMMUNITY HOSPITAL TO ROANOKE-MEMORIAL HOSPITAL, THE RIVERSIDE CENTRE WILL A'I-I'RACT COMPANIES THAT PRODUCE HIGH-TECH HEALTH-RELATED PRODUCTS AND SERVICES. THE CENTRE WILL EXTEND TO THE BANKS OF THE ROANOKE RIVER, WHICH WILL BE DEVELOPED INTO A SCENIC GREENWAY, AVAILABLE TO ALL ROANOKE CITIZENS. THIS REDEVELOPMENT IS THE MISSING LINK IN OUR CITY'S REVITALIZATION PLAN. IT CONNECTS OUR DOWNTOWN REVITALIZATION EFFORTS TO THE SOUTH JEFFERSON AREA AND THE RIVER. IT EXTENDS THE GREENWAYS WE'VE CREATED AT SMITH AND WASENA PARK. T IN ADDITION WE WILL WORK WITH THE VIRGINIA DEPARTMENT OF TRANSPORTATION TO BUILD A NEW INTERCHANGE ON THE ROY L. WEBBER EXPRESSWAY. THE NEW EXIT RAMPS WILL ROUTE TRAFFIC DIRECTLY INTO THE RESEARCH PARK, PROTECTING NEARBY RESIDENTIAL NEIGHBORHOODS FROM BUSINESS TRAFFIC. IT WILL BE A PLACE ROANOKE CAN BE PROUD OF, AND A PLACE NEW BUSINESS WILl. BE PROUD TO CALL HOME. THIS PROJECT GIVES US AN OPPORTUNITY TO COMPETE FOR CLEAN, HIGH TECHNOLOGY, HIGH-PAYING JOBS THAT WILL A"I-rRACT THE BRIGHT YOUNG GRADUATES FROM VIRGINIA TECH, THE UNIVERSITY OF VIRGINIA, RADFORD, HOLLINS AND ROANOKE COLLEGE AND THE MANY OTHER OUTSTANDING COLLEGES AND UNIVERSITIES IN WESTERN VIRGINIA TO THE ROANOKE VALLEY. WITH THE RIVERSIDE CENTRE WE WILL BE ABLE TO OFFER NEW COMPANIES THE BEST PLACE TO WORK AND THE BEST PLACE TO LIVE AS WELL. THIS IS ONE OF THE MOST IMPORTANT PROJECTS THE CITY HAS UNDERTAKEN. AND WE WANT TO MAKE SURE IT'S DONE RIGHT. THAT'S WHY THE ROANOKE REDEVELOPMENT AND HOUSING AUTHORITY WILL BE RESPONSIBLE FOR THE SITE. AT THIS TIME I'D LIKE TO INTRODUCE AUTHORITY EXECUTIVE DIRECTOR JOHN BAKER. ROANOKE CENTER FOR RESEARCH AND TECHNOLOGY ANOUNCEMENT May 17, 2000 Remarks for John Baker THANK YOU MR. MAYOR. EARLIER TODAY THE ROANOKE REDEVELOPMENT AND HOUSING AUTHORITY WAS AUTHORIZED BY CITY COUNCIL TO BEGIN A STUDY OF THE SOUTH JEFFERSON STREET AREA. WE EXPECT APPROXIMATELY 76 ACRES OF LAND TO QUALIFY AS A REDEVELOPMENT AREA. NON QUALIFYING BUSINESSES WILL BE RELOCATED. PROPERTY OWNERS IN THE AREA HAVE BEEN NOTIFIED OF OUR PLANS. THIS PROJECT IS A VITAL PART OF ROANOKE'S ECONOMIC FUTURE. AS WE DEVELOP THIS AREA WE WILL PAY CLOSE ATTENTION TO THE INTERESTS OF IT'S FUTURE TENANTS, 13~S CURRENT NEIGHBORS, AND ALL ROANOKE CITIZENS. INITIALLY, TH~ CITY THROUGH THE AUTHORITY WILL SPEND APPROXIMATELY 14-MILLION DOLLARS TO UPGRADE AND PREPARE THE SITE. THAT FIGURE INCLUDES A SIGNIFICANT INVESTMENT IN LANDSCAPING, INCLUDING THE DEVELOPMENT OF A RIVERSIDE PARK AREA. IT INCLUDES THE DEVELOPMENT OF GREENWAY TRAILS, STREET IMPROVEMENTS, AND BE'I-rER LIGHTING. NOW CITY MANAGER DARLENE BURCHAM WILL TALK ABOUT THE BENEFITS EXPECTED FROM THIS PROJECT. RIVER§IDE CENTRE FOR RESEARCH AND TECHNOLOGY ANNOUNCEMENT May 17, 2000 Outline for Darlene Burcham INTRODUCTION · THIS PROJECT IS PART OF WHAT ATTRACTED ME TO ROANOKE BEFORE I OFFICIALLY ASSUMED THE ROLE OF CITY MANAGER, I CAME TO ROANOKE FOR THE ANNOUNCEMENT OF THE CARILLON BIOMEDICAL INSTITUTE I SAW ROANOKE'S POTENTIAL TO BE THE HOME OF A HEALTH-CARE RELATED RESEARCH AND DEVELOPMENT PARK AND TO INTEGRATE HIGH QUALITY EXISTING MEDICAL RESOURCES WITH THE FUTURE OF RESEARCH AND TECHNOLOGY · I DETERMINED THAT WE NEEDED TO MARSHALL OUR RESOURCES TO ATTRACT THE HIGH-TECH HEALTH CARE INDUSTRY TO OUR CITY PARTNERSHIP WiTH CITY TO MAKE EXCITING AND CREATIVE PROJECTS BECOME A REALITY: · ROANOKE REDEVELOPMENT AND HOUSING AUTHORITY · THE CITY'S INDUSTRIAL DEVELOPMENT AUTHORITY THE RIVERSIDE CENTRE FOR RESEARCH AND TECHNOLOGY IS AN INVESTMENT IN OUR ECONOMIC FUTURE. OVER THE LIFE OF THE PROJECT: IT WILL CREATE 1-MILLION-250-THOUSAND SQUARE FEET FOR DEVELOPMENT WITHOUT DESTROYING EXISTING PARKS, GREEN SPACE OR RECREATION AREAS. · IT WILL GENERATE UP TO 175 -MILLION DOLLARS IN CAPITAL EXPENDITURES · IT WILL CREATE UP TO 25-HUNDRED HIGH-PAYING JOBS · IT WILL INCREASE THE TAX BASE · IT COULD A'I-FRACT A SIGNIFICANT AMOUNT OF RESEARCH FUNDING IT WILL IMPROVE QUALITY OF LIFE FOR EVERYONE · IT EXPANDS THE ROANOKE RIVER GREENWAY FOR ENJOYMENT AND RECREATION · IT WILL EASE TRAFFIC PRESSURE ON THE 1-581-ELM AVENUE INTERCHANGE · IT PROTECTS CITY NEIGHBORHOODS FROM DUST AND INDUSTRIAL POLLUTION SUMMARY · WE COMPETED WITH OTHER LOCALITIES FOR HIGH-TECH JOBS, AND WON · WE CAN GENERATE MORE JOBS, MORE TAX MONEY AND MORE LONG TERM INVESTMENT · WE CAN PROTECT OUR ENVIRONMENT AND INCREASE OPPORTUNITIES FOR RECREATION FOR EVERYONE IN BUSINESS TERMS, THIS IS A WIN, WIN, WIN SITUATION DAVID A. BOWERS Mayor CITY OF ROANOKE OFFICE OF THE MAYOR 215 CHURCH AVENUE S.W. - ROOM 452 ROANOKE, VIRGINIA 24011-1594 TELEPHONE: (540) 853-2444 FAX: (540) 853-1145 May 16,2000 The Honorable Vice-Mayor and Members of the Roanoke City Council Roanoke, Virginia Dear Vice-Mayor Harris and Members of Council: Pursuant to §10, Meetings of Council of the Charter of the City of Roanoke, I am calling a Special Meeting of City Council to be held at 10:00 a.m., on Wednesday, May 17, 2000, in the City Council Chamber, for the purpose of a Closed Meeting to discuss acquisition of real property for public purposes, pursuant to §2.1-344.A.3, Code of Virginia (1950), as amended, and to meet thereafter in open session to take certain actions relating thereto. DAB:MFP:ec CC: Sincerely, Mayor The Honorable Ralph K. Smith, Mayor-Elect The Honorable William H. Carder, Vice-Mayor-Elect The Honorable William D. Bestpitch, Council Member-Elect Darlene L. Burcham, City Manager William M. Hackworth, City Attorney Mary F. Parker, City Clerk James D. Grisso, Director of Finance Robert H. Bird, Municipal Auditor Willard N. Claytor, Director, Real Estate Valuation