20200513170735591April 30, 2020
City Council
City of Blair
218 S. 16t1i St.
Blair, NE 68008
CITY OF t)LAIQ_
Chairman of the Washington County
Board of Supervisors
PO Box 466
Blair, NE 68008-0466
John Winkler
Papio Missouri River NRD
8901 S. 154t" St.
Omaha, NE 68138-3621
Dr, Dan J. Schnoes, Chief Ex Officer
Education Service Unit 3
6949 S. 110t1i St.
La Vista, NE 68128
Randall Gilson, Superintendent
Blair Community Schools
PO Box 288
2232 Washington St.
Blair, NE 68008
Chairman of the Board of Governors
Metropolitan Community College
PO Box 3777
Omaha, NE 68103-0777
RE: City of Blair Tax Increment Financing Report pursuant to § 18-2117.02
Dear Governing Body,
Pursuant to LB874, specifically §18-2117.02, the following report is submitted regarding the progress
of redevelopment projects in the City of Blair financed by Tax Increment Financing (TIF). The
report is based on each sub -point of §18-2117.02.
(1) The total number of redevelopment projects ivithin the city that have been financed
in ivhole or in part through the division of taxes as provided in section $18-2147.
The City of Blair has four (4) active redevelopment projects, each known as:
1) TIF 1— Two Rivers Bank
Approved in 2007
2) TIF 2 — Blair Downtown Area
Approved in 2007
3) TIF 3 — Woodhouse Collision Center
Approved in 2015
4) TIF 4 — Transformation Hill
Approved in 2018
218 South 16th Street • Blair, Nebraska 68008 • 402-426-4191 • Fax 402-426-4195 • E-mail cityofblairgci,blair.ne.us "Y
(2) The total estimated project cost for said project.
Project Cost
1) TIF 1 — Two Rivers Bank
$2,124,500
2) TIF 2 — Blair Downtown Area
$1,140,000
3) TIF 3 — Woodhouse Collision Center
$1,750,000
4) TIF 4 — Transformation Hill
$2,440,100
(3) A comparison behveen the projected final valuation of each TYproject upon completion of
the project (as listed in the Redevelopment Contracts) vs. the valuation of the project as of
January 1, 2019.
Projected Value January 1, 2019
1) TIF 1 — Two Rivers Bank $ 4,350,000 $ 3,597,080
2) TIF 2 — Blair Downtown Area $25,582,500 $25,496,630
3) TIF 3 — Woodhouse Collision Center $ 2,015,000 $ 2,275,585
4) TIF 4 — Transformation Hill $12,835,000 $ 700,000*
*Project ongoing. County Assessor/City Estimate from the 2017 levy rate
(4) The number of redevelopment projects for n,hich financing has been paid in full during the
previous calendar year and for which taxes are no longer being divided.
No redevelopment projects have been paid in full.
(5) The number of redevelopment projects approved by the governing body in the previous
calendar year.
No new projects in 2019
(6) Information speck to each redevelopment project approved by the governing body in the
previous calendar year, including the project area, project type, amount of financing
approved and total estimated project costs.
No new projects or changes in 2019 from the projects listed in 2018 report.
(7) The percentage of the city that has been designated as blighted.
The City of Blair has a total estimated corporate limit of 3,526.0 acres. In 2018, the City
completed a new Blight and Substandard Study of the former Dana College property
consisting of approximately 73.2 acres. Adding this area of land increases the total declared
blighted area for the City of Blair to 924.3 acres. Approval of this study brings the total
percentage of the corporate limits designated as blighted to 26.2%. The total allowed
percentage of designated blighted and substandard to that of overall corporate limits cannot
exceed 35% for a city of the First Class.
If you have any questions regarding this report, please do not hesitate to contact me.
Sincerely,
Rodne torm
City Administrator