Robert Mueller Municipal Airport Plan Implementation Advisory Commission - March 10, 2020

Robert Mueller Municipal Airport Plan Implementation Advisory Commission Regular Meeting of the Robert Mueller Municipal Airport Plan Implementation Advisory Commission - Meeting will be held at the Britton, Durst, Howard & Spence Building (former Chestnut Community Center) 1183 Chestnut Avenue, Austin, Texas 78701

Agenda original pdf

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Regular Meeting ROBERT MUELLER MUNICIPAL AIRPORT PLAN IMPLEMENTATION ADVISORY COMMISSION 6:00 p.m. — 8:00 p.m. Tuesday, March 10, 2020 Britton, Durst, Howard & Spence Building (Chestnut Community Center) 1183 Chestnut Avenue, Austin TX 78702 AGENDA 1. CALL TO ORDER 2. CITIZEN COMMUNICATION: GENERAL Speakers signed up prior to the meeting being called to order will each be allowed three minutes to address the Commission regarding items not posted on the agenda. 3. NEW BUSINESS a. Mueller Habitat Residential Project Update (Austin Habitat for Humanity) b. Update on Potential Teacher Retirement System Headquarters at Mueller (Catellus) • Discussion and Possible Action c. Mueller Development Update (Catellus) 4. APPROVAL OF MINUTES 5. FUTURE AGENDA ITEMS (Staff/Commission) 6. NEXT MEETING: April 14, 2020 (Regular Meeting) ADJOURNMENT a. Approve minutes from the 01/14/20 Commission meeting (Discussion and Action) Estimate 6:00 6:05 6:40 7:25 7:45 7:50 7:55 8:00 The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least 2 days (48 hours) before the meeting date. Please call Jill Fagan with the Economic Development Department at 512-974-7829 for additional information. TTY users route through Relay Texas at 711. For more information on the Robert Mueller Municipal Airport Plan Implementation Advisory Commission please contact Jill Fagan with Economic Development at 512-974-7829.

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20200310-003B: Recommendation to consent to the sale of approx. 3.7 acres in Mueller for the Teacher Retirement System of Texas administrative offices original pdf

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BOARD/COMMISSION RECOMMENDATION Robert Mueller Municipal Airport Plan Implementation Advisory Commission (RMMA PIAC) Recommendation Number: (20200310-003B): Sale of Land for Teacher Retirement System of Texas headquarters building in Mueller WHEREAS the Robert Mueller Municipal Airport Plan Implementation Advisory Commission (RMMAPIAC) is charged with advising the Austin City Council on issues affecting the Mueller Master Development Agreement (MDA) when Council action is required, including approval of the sale of property to another governmental authority, and WHEREAS Mueller's development is guided by community-determined and Council-adopted vision and goals, including fiscal responsibility and economic development, and WHEREAS the City of Austin Economic Development Department’s November 2019 Update on financing indicates Mueller's Tax Increment Financing revenue from property tax, land sales and sales tax is robust and exceeds the project’s annual debt service costs, and WHEREAS the 3.7-acre site contemplated for a proposed administrative office building has been designated for Mixed-Use Commercial development, and the building would follow Mueller’s Design Guidelines and integrate with the East 51st Street Vision Plan, and WHEREAS the proposed institutional employer could bring approximately 1,100 employees to Mueller, which would support the City’s and Mueller’s economic development goals, NOW, THEREFORE, BE IT RESOLVED that the Robert Mueller Municipal Airport Plan Implementation Advisory Commission recommends that the Austin City Council consent to the sale of approximately 3.7 acres in Mueller for an administrative office building to be built for the Teacher Retirement System of Texas. Date of Approval: 03/10/2020______________ Record of the vote: 6-2 vote. Commissioners Hilliard and Neider voted nay. Commissioner Ronsonette was absent. Commissioners Lima and Jackson recused. Attest: _____________________________________________

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Item 3B: Update on Potential Teacher Retirement System Headquarters at Mueller original pdf

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Mueller Commission Presentation | March 10, 2020 Teacher Retirement System of Texas Potential Mueller Headquarters Proposed Use • 3.7-acre parcel • Bordered by 51st, Berkman and Barbara Jordan with street entrance off of 51st Street • Possible four-story, 300,000+ sf office building developed by Catellus • Building sale to Teacher Retirement System of Texas for headquarters • 1,100 potential employees at move in, with potential growth RMMA PIAC, March 10, 2020 | Page 3 About TRS • • • Teacher Retirement System of Texas (TRS), an institutional organization established in 1937 TRS provides pension and health care benefits to approximately 1.6 million constituents, namely Texas educators and their families • Mueller site could serve approximately 1,100 employees plus educators seeking information on daily basis Like Seton, UT, Texas Mutual and other organizations, TRS would be a stable, sustainable employer at Mueller with a wide range of positions and wages RMMA PIAC March 10, 2020 | Page 3 Appropriate Use • This parcel has always been planned as office/mixed-use • Conceptual site plan will follow Mueller’s Design Guidelines and PUD zoning requirements • This project fits within Mueller’s Traffic Impact Analysis and East 51st Street Vision Plan • A government entity would not pay property taxes on land it owns, but that’s true at Mueller or any other location within Austin • As of 2018, Mueller’s annual debt service was $4.5M with 2018 TIF revenue of $6.2M* • Strong assessed property valuation growth over last 5 years, and sales tax performing well* * As reported to RMMA PIAC 11/12/2019: Update on Mueller Financing RMMA PIAC, March 10, 2020 | Page 4 Next Steps * • March 24, 2020 Council work session • March 26, 2020 Council meeting Summer 2020 Negotiating agreement between Catellus and TRS • • Fall 2020 TRS board approval * All dates subject to change without notice RMMA PIAC, March 10, 2020 | Page 5 Questions and Answers Mueller Illustrative October 2017 Proposed TRS Site RMMA PIAC, March 10, 2020 | Page 6

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Item 3A: Mueller Habitat Residential Project Update original pdf

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Philomena Street Row Homes we build strong, stable, and self-reliant communities. R RMMA PIAC 3/10/2020 Billy Whipple SVP of Construction, Austin Habitat for Humanity we build strong, stable, and self-reliant communities. RMMA PIAC 3/10/2020 Mission & Vision The mission and vision of Austin Habitat for Humanity are anchored around our dedication to ending the cycle of poverty housing and the deeply held belief that everyone deserves a decent, affordable place to live. MISSION Through faith in action, Austin Habitat for Humanity brings people together to build strong, stable and self-reliant communities. VISION A world where everyone has a decent place to live. we build strong, stable, and self-reliant communities. RMMA PIAC 3/10/2020 Our Track Record Since 1985 476 New Homes Built & Sold 340 Critical Home Repairs 3 Home Recycles 100+ Homebase Homes Sold 800+ People Served with Housing Counseling 0 Homes Given Away we build strong, stable, and self-reliant communities. RMMA PIAC 3/10/2020 OUR AFFILIATE TODAY • Travis County • Bastrop County • Hays County • Caldwell County • Blanco County we build strong, stable, and self-reliant communities. RMMA PIAC 3/10/2020 OUR AFFILIATE TODAY 2020 Production Plan 25 New Homes 12 Single Family Homes at Scenic Point 2 Single Family Homes in San Marcos 11 Row Homes on Philomena St. 30 Critical Home Repairs we build strong, stable, and self-reliant communities. RMMA PIAC 3/10/2020 Philomena Street 2600 – 2620 Philomena St. we build strong, stable, and self-reliant communities. RMMA PIAC 3/10/2020 Philomena Street Designed by Michael Hsu Office of Architecture 11 Homes (9) 3bd/2.5ba 1,350sqft (2) 4bd/2.5ba 1,480sqft AEGB 3-Star we build strong, stable, and self-reliant communities. RMMA PIAC 3/10/2020 Philomena Street James Hardie Donated materials from: • • Whirlpool Levolor • • Valspar • Schneider Electric • Cree Ikea • Financial Support from: • Blue Prints & Blue Jeans - 2018 • NHCD* Affordability Bond • Bank of America Priority Markets • Wells Fargo we build strong, stable, and self-reliant communities. * Neighborhood Housing and Community Development RMMA PIAC 3/10/2020 Philomena Street 4/20 – BP&BJ 6/29 - MHOA Hired 11/14 – NCC Meeting 9/20 – Building Permit Submitted 8/16 – Closed Land Sale 11/13 – NCC Final Meeting 12/23 – Permits Approved 3/3 – Construction Started 1/31 – NCC Approval of Document Package 12/1 – Est. Construction Completion 2018 2019 2020 we build strong, stable, and self-reliant communities. RMMA PIAC 3/10/2020 Philomena Street Sales Price 4 bedroom – …

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Approved Minutes original pdf

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ROBERT MUELLER MUNICIPAL AIRPORT PLAN IMPLEMENTATION ADVISORY COMMISSION MINUTES The Robert Mueller Municipal Airport Plan Implementation Advisory Commission convened in a regular meeting on March 10, 2020, at the Britton, Durst, Howard & Spence Building (Chestnut Community Center) 1183 Chestnut Avenue, Austin TX 78702. Commission Members in Attendance: REGULAR MEETING Tuesday, March 10, 2020 • Rodrigo Lima • Martin Luecke • David Neider • • Kathy Sokolic Jonathan Schwartz • Michael Jones, Chair • Rick Krivoniak, Vice-Chair • Carol Drennan • Corky Hilliard • Chris Jackson Staff in Attendance: 1. CALL TO ORDER • Jill Fagan, Economic Development Department (EDD) a. Chair Michael Jones called the meeting to order at 6:05 p.m. 2. CITIZEN COMMUNICATION: GENERAL a. None 3. NEW BUSINESS a. Mueller Habitat Residential Project Update: Billy Whipple with Austin Habitat for Humanity provided an overview of Habitat’s work in the Austin area and updates on the design and schedule for the new Austin Habitat for Humanity row homes to be built at Mueller. b. Update on Potential Teacher Retirement System Headquarters at Mueller: Greg Weaver with Catellus and Andrew Roth with the Teacher Retirement System (TRS) of Texas provided an update on the potential for a new TRS headquarters building to be developed at Mueller. Staff also provided background on MDA provisions regarding a land sale from Catellus to a governmental entity. • There was a motion from Commissioner Neider, seconded by Commissioner Hilliard to recommend to Council to postpone a decision on the potential sale to allow more time for deliberation. This motion failed by a vote of 3-5. • There was a second motion by Commissioner Krivoniak, seconded by Commissioner Schwartz to provide a recommendation to Council to consent to the sale of property to the Teacher Retirement System of Texas for the proposed TRS building. This motion passed on a 1 6-2 vote. Commissioners Hilliard and Neider voted nay. Commissioner Ronsonette was absent. Commissioners Lima and Jackson recused. c. Mueller Development Update: Greg Weaver provided brief updates and information on new projects under construction throughout Mueller, as well as updates on infrastructure status. a. Minutes from the 01/14/2020 meeting were approved on Commissioner Hilliard’s motion and Commissioner Drennan’s second on a 10-0 vote. Commissioner Ronsonette was absent. 4. APPROVAL OF MINUTES 5. FUTURE AGENDA ITEMS 6. NEXT MEETING ADJOURN a. The Commissioners and staff discussed the following list of potential future agenda items: • Follow …

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