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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 01/05/2016 - FIRST READING OF ORDINANCE NO, 001, 2016, APPROPRIAgenda Item 6 Item # 6 Page 1 AGENDA ITEM SUMMARY January 5, 2016 City Council STAFF Lawrence Pollack, Budget & Performance Measurement Manager Mike Beckstead, Chief Financial Officer SUBJECT First Reading of Ordinance No, 001, 2016, Appropriating Revenue in the Community Capital Improvement Fund for Initiation of the Various 2016 Approved Projects, Transferring a Portion of that Appropriation to the Capital Projects Fund and a Portion thereof to the Cultural Services and Facilities Fund for the Art in Public Places Program Contribution Associated with the 2016 Approved Projects. EXECUTIVE SUMMARY The purpose of this item is to appropriate $6,980,000 of Community Improvement Program funding for 2016 to initiate ten projects and programs identified as those of the highest priority during community outreach and guidance provided by City Council, and to transfer a portion of these appropriated funds to the Capital Projects Fund from which a portion will also be then transferred to the APP program. STAFF RECOMMENDATION Staff recommends adoption of this Ordinance on First Reading. BACKGROUND / DISCUSSION In April 2015, City of Fort Collins voters approved a dedicated quarter-cent sales and use tax pursuant to Ordinance No. 013, 2015. It extended the expiring quarter-cent sales and use tax used to fund the capital projects Building on Basics program which expired on December 31, 2015. The tax is effective from January 1, 2016 to December 31, 2025. Total revenue is estimated at approximately $85 million. The ballot language set the voter-approved projects and programs. Based on community outreach and guidance from City Council, the following programs were identified as high priority and will commence in 2016. The Projects are subject to all applicable provisions of the City Code relating to Art in Public Places (APP). Project amounts applicable to Art in Public Places vary based on what the project includes. For example the cost of real property acquisition, vehicles and equipment not affixed to public property are not subject to APP funding requirements, per City Code Section 23-302. See Attachment 1 for APP amounts for 2016 Projects. Agenda Item 6 Item # 6 Page 2 2016 Community Improvement Project Expenditures Project 2016 Project Cost Affordable Housing $200,000 Arterial Intersection Improvements 350,000 Bicycle Infrastructure Improvements 300,000 Bike / Pedestrian Grade Separated Crossing 1,500,000 Bus Stop Improvements 100,000 City Park Train 350,000 Club Tico Renovation 250,000 Lincoln Avenue Bridge * 2,730,000 Nature in the City 200,000 Pedestrian Sidewalk / ADA Compliance 1,000,000 Total $6,980,000 * The Lincoln Avenue Bridge total project cost is approximately $5,530,000 and will be completed in 2017. Below is a summary of the ten projects that were prioritized to receive funding in 2016. 2016 Community Improvement Program Projects A. Affordable Housing: $200K This fund provides a revenue source for contribution to the costs of development or rehabilitation of one or more housing projects designated specifically for low income individuals and families. The contribution may be combined with or leverage other sources of income directly related to housing affordability including funds from the Housing Bank, licensing fees, Affordable Housing fund, grants, etc. This project amount will be expended directly from the Community Capital Improvement Fund. B. Projects to be funded by transfers to the Capital Projects Fund- C. Arterial Intersection Improvements: $350K This project provides funding for improvements to arterial intersections prioritized by congestion and safety improvements for all travel modes. Previous funding for these projects was highly successful as matching funds for grants and the dollars were doubled over the life of the tax. The fund is a direct and effective way to address citizen concerns regarding worsening traffic, congestion and roadway safety. D. Bicycle Infrastructure Improvements: $300K This package provides funding to be used toward stand-alone bicycle infrastructure projects as well as add-on elements to other projects that complete or enhance the City’s bicycle network. Projects will enhance safety, provide wayfinding, and improve comfort for bicyclists. E. Bike/Pedestrian Grade Separated Crossings: $1.5M This project establishes an annual fund that would construct top priority grade-separated bicycle and pedestrian crossings across arterial roadways. Potential locations include the Power Trail crossing at Harmony Road, crossing Shields Street west of the CSU Main Campus, crossing Prospect Road near Center Avenue, and major arterial crossings by the Mason Trail. Agenda Item 6 Item # 6 Page 3 F. Bus Stop Improvements: $100K Currently there are more than 200 bus stops within the Transfort system that do not meet Americans with Disabilities Act (ADA) access requirements. This funding would allow Transfort to upgrade 10 bus stops per year to be ADA accessible and improve mobility options for disabled residents of Fort Collins. G. City Park Train: $350K This project brings back the much loved City Park train in a new, expanded location east of the playground. H. Club Tico Renovations: $250K This project completes the renovation of Club Tico at City Park by renovating the kitchen and restrooms and adding a second story deck on the south side of the facility. I. Lincoln Avenue Bridge: $2.73M This project will fund design, right-of-way acquisition, and construction of improvements to the west segment of Lincoln Avenue located between the Union Pacific Railroad Tracks just north of Jefferson Street to 1st Street, including the Poudre River Bridge. The total project cost is approximately $5,530,000 and will be completed in 2017. J. Nature in the City: $200K The City is transitioning from a large, suburban town to a small, urban city with a projected 255,000 residents. As this happens, it is critical that we protect access to nature and the key open spaces that define our community. Natural spaces within our urban setting are valuable not only as habitats and for aesthetics, but they are also key to preserving quality of life, and the sense of place that makes Fort Collins unique. To achieve the vision set forth in the Nature in the City strategic plan, this project will: (1) fill in gaps either to achieve a 10-minute walk or to enhance species connectivity, and (2) enhance existing sites to provide greater habitat variety and natural experiences. K. Pedestrian Sidewalk/ADA Compliance: $1M The Pedestrian Sidewalk and ADA Compliance Program is based on the 2013 accessible travel assessment and the program cost has been quantified into a multi-year program. With this program, the City is embarking on a long term effort to be in compliance with all Americans with Disabilities Act requirements. With the $134 million Sidewalk and ADA Compliance Program needs, a sustainable and predictable revenue source is needed to implement the overall cost of construction of the multi-year compliance program. Transfers to APP: $62,950 Pursuant to Chapter 23, Art. XII of the City Code, City construction projects with a cost greater than $250,000 must contribute to the City’s Art in Public Places (APP) program an amount equal to 1% of the project construction costs. Identified under this Ordinance is $62,950 in appropriations available for transfer to the Capital Projects Fund to be appropriated in the APP program to satisfy the City Code requirements, consisting of $49,101 for artwork acquisition and $13,849 for maintenance and operations. CITY FINANCIAL IMPACTS Projected revenue from the quarter-cent sales and use tax for 2016 is $7,688,825 while the projected expenditure for the 2016 projects is $6,980,000. This would leave a reserve balance of $708,825. Any associated operations and maintenance expenses for the capital projects will begin in 2018. Agenda Item 6 Item # 6 Page 4 BOARD / COMMISSION RECOMMENDATION See Public Outreach section below. PUBLIC OUTREACH After an 18-month community conversation and ballot referral by City Council, in April 2015 voters approved a 10-year, quarter cent sales and use tax for specific community improvements. Since the adoption staff conducted an on-line questionnaire, hosted an open house, and presented to City Council at two work sessions to determine the timing of projects. Between September 2013 and January 2014, staff met with eight City boards, the Visit Fort Collins Board, the Chamber Legislative Committee, and a CityWorks Alumni group to seek feedback on both process and projects. Major public outreach began in August 2014 and included an interactive website, a board and commission “Super Meeting,” a CityWorks Alumni Forum, a public open house, a Community Issues Forum, a “mini” drop- in at the Senior Center, and a booth at the Sustainable Living Fair. In late October 2014 the on-line tool was converted to a calculator tool that allowed citizens to select up to $75 million in projects. Staff also continued to meet with City boards and the Chamber Legislative Committee. ATTACHMENTS 1. Art in Public Places amounts for 2016 Projects (PDF) Art in Public Places amounts for 2016 Projects 2016 Project 2016 Amount Amount Applicable to APP APP Amount Affordable Housing $ 200,000 $ - $ - Arterial Intersection Improvements 350,000 315,000 3,150 Bicycle Infrastructure Improvements 300,000 300,000 3,000 Bike/Ped Grade Separated Crossing Fund 1,500,000 1,500,000 15,000 Bus Stop Improvements 100,000 100,000 1,000 City Park Train 350,000 350,000 3,500 Club Tico Renovation 250,000 - - Lincoln Avenue Bridge 2,730,000 2,730,000 27,300 Nature in the City 200,000 - - Pedestrian Sidewalk / ADA-Compliance 1,000,000 1,000,000 10,000 Totals $ 6,980,000 $ 6,295,000 $ 62,950 ATTACHMENT 1 ORDINANCE NO. 001, 2016 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING REVENUE IN THE COMMUNITY CAPITAL IMPROVEMENT FUND FOR INITIATION OF THE VARIOUS 2016 APPROVED PROJECTS, TRANSFERRING A PORTION OF THAT APPROPRIATION TO THE CAPITAL PROJECTS FUND AND A PORTION THEREOF TO THE CULTURAL SERVICES AND FACILITIES FUND FOR THE ART IN PUBLIC PLACES PROGRAM CONTRIBUTIONS ASSOCIATED WITH THE 2016 APPROVED PROJECTS WHEREAS, at a regular City election held on April 7, 2015, the voters of the City of Fort Collins approved the extension of the expiring twenty-five hundredths percent (0.25%) capital projects sales and use tax for a period of ten years; and WHEREAS, the purpose of the tax, as outlined more specifically in the ballot measure, is the planning, design, real property acquisition, and construction of seventeen capital projects and related operation and maintenance, referred to as the Community Improvement Program (“CIP”); and WHEREAS, based on community guidance, ten of the CIP projects have been identified as of the highest priority to receive initial funding in 2016; and WHEREAS, the value of construction associated with the selected 2016 CIP projects requires contributions to the Art in Public Places Program, pursuant to Chapter 23, Article XII of the City Code; and WHEREAS, staff has identified $49,101 and $13,849 in the amount appropriated to the Capital Projects Fund available for transfer and appropriation to satisfy Art in Public Places artwork acquisition and operation and maintenance contributions, respectively, associated with the approved 2016 CIP projects; and WHEREAS, Article V, Section 10, of the City Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund (project) to another fund (project), provided that the purpose for which the transferred funds are to be expended remains unchanged. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. Section 2. That there is hereby appropriated out of revenues in the Community Capital Improvement Fund of the City of Fort Collins, for the fiscal year beginning January 1, 2016, and ending December 31, 2016, the sum of SIX MILLION NINE HUNDRED EIGHTY THOUSAND DOLLARS ($6,980,000) in community capital improvement sales and use tax revenues to be divided and appropriated for ten CIP projects, as set forth in Sections 3 and 4. Section 3. That of the appropriated amount, the sum of SIX MILLION SEVEN HUNDRED EIGHTY THOUSAND DOLLARS ($6,780,000) is further authorized for transfer to the Capital Projects Fund for expenditure on the CIP projects described in Section 4, leaving $200,000 to be expended in the Community Capital Improvement Fund, as follows: COMMUNITY CAPITAL IMPROVEMENT FUND Affordable Housing $ 200,000 Transfer to the Capital Projects Fund 6,780,000 TOTAL CITY FUNDS $6,980,000 Section 4. That there is hereby appropriated out of revenues of the City of Fort Collins in the Capital Projects Fund, for the fiscal year beginning January 1, 2016, and ending December 31, 2016, the sum of SIX MILLION SEVEN HUNDRED EIGHTY THOUSAND DOLLARS ($6,780,000), to be divided and expended for CIP projects, as follows: CAPITAL PROJECTS FUND Community Improvement Program Projects Arterial Intersection Improvements $350,000 Bicycle Infrastructure Improvements 300,000 Bike / Pedestrian Grade Separated Crossing Fund 1,500,000 Bus Stop Improvements 100,000 City Park Train 350,000 Club Tico Renovation 250,000 Lincoln Avenue Bridge 2,730,000 Nature in the City 200,000 Pedestrian Sidewalk / ADA Compliance 1,000,000 Total Transfer from the Community Capital Improvement Fund $6,780,000 Section 5. That the unexpended appropriated amount in the Capital Projects Fund of FORTY NINE THOUSAND ONE HUNDRED AND ONE DOLLARS ($49,101) is authorized for transfer to the Cultural Services and Facilities Fund and appropriated therein for Art in Public Places Art projects associated with the construction components of the approved CIP projects. Section 6. That the unexpended appropriated amount in the Capital Projects Fund of THIRTEEN THOUSAND EIGHT HUNDRED FORTY-NINE DOLLARS ($13,849) is authorized for transfer to the Cultural Services and Facilities Fund and appropriated therein for operation and maintenance of the Art in Public Places projects associated with the construction components of the approved CIP projects. Introduced, considered favorably on first reading, and ordered published this 5th day of January, A.D. 2016, and to be presented for final passage on the 19th day of January, A.D. 2016. __________________________________ Mayor ATTEST: _______________________________ City Clerk Passed and adopted on final reading on the 19th day of January, A.D. 2016. __________________________________ Mayor ATTEST: _______________________________ City Clerk