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HomeMy WebLinkAbout07-12-2010 - Supplemental MaterialsCITY OF MEDINA Office of the City Manager Date July 12, 2010 To: Mayor and City Council From: Donna Hanson, City Manager Subject: City Funding Options Council Facilities Committee met last week to review City Hall bid results. The bid results indicate that the project is underfunded by approximately $500,000 to $700,000 when all costs such as architects fees, temporary city hall, landscaping of the park, technology, moving costs, sales tax and furniture are taken into consideration. The Committee's recommendation was to reject all bids and rebid the project after value engineering to determine it costs could be reduced. The Committee also recommended that staff look at funding options for increased costs above the $1.5M budged in 2008. I contacted Tracey Dunlap, Finance Director for the City of Kirkland. Judy Cox, Public Finance Consultant with MRSC, and Hugh Spitzer, Municipal Bond Council with Foster Pepper. Attached is a list of bond financing options and descriptions from Hugh Spizter. Also attached is a summary of revenue options provided to Council during the 2010 budget preparation. In addition to these, there is a Local Government Capital Asset Lending (LOCAL) program. Since the bond issue would be relatively small, as bond issues go, using LOCAL might be cheaper. The major benefits of LOCAL are (1) simplicity and (2) low cost financing. Participants will benefit from the current program rating of Moody's Aa2, low fees and expenses, and access to the public bond markets. http://www.tre.wa.gov/LOCAUindex.shtmi • $2.2M Reserve Fund • There were some new wrinkles offered as part of the stimulation package 18 months ago. But, the authority to levy at least some of the different kinds of bonds may have been continued. ® FOSTER PEPPER.... BOND FINANCING BY WASHINGTON CITIES Washington cities incur several types of debt to pay for capital improvement projects. Cities have authority to issue general obligations payable from taxes, revenue obligations payable from the revenues of a particular enterprise or utility, and obligations payable from assessments. The obligation is usually in the form of bonds sold to the public via an underwriter, but the obligation can take other forms: bank lines of credit, bonds sold directly to an investor through a private placement, or financing leases, for example. The debt can be structured as long-term bonds or short-term notes. Typically, bonds or notes are structured so that the interest paid to investors is tax-exempt under federal income tax laws. By issuing tax-exempt bonds or notes cities can access capital financing at rates lower than the rates available to issuers of taxable obligations. When structuring a debt financing, therefore, factors to consider are the source of repayment of the debt (taxes, revenues or assessments), the term over which the debt will be repaid and the investors to whom the obligation will be sold (to a particular bank or to the public, to the taxable bond market or to the tax-exempt bond market). The following provides a brief introduction to capital financing methods employed by Washington cities, and includes an explanation of some of these factors. General Obligation Debt General obligations are those obligations of a municipality to the payment of which the full faith and credit of the municipality is pledged. A general obligation is usually payable from property taxes, or at least from tax sources. Many types of obligations may be "general obligations" of a municipality, whether or not they are incurred through the issuance of a bond. General obligations may be incurred in the form of a registered warrant, conditional sale contract, lease or other instrument in which an unconditional and unlimited promise to pay is made. Nonvoted General Obligation Bonds. Cities are allowed to issue nonvoted general obligation bonds (commonly known as councilmanic bonds) backed by the cities' taxing authority as long as all such outstanding obligations do not exceed 1 V2% of the value of the taxable property in the city. Such obligations are payable from regular property tax levies (subject to the maximum levy rate of $3.60/$1,000 of assessed value and the 101 % limitation discussed below). Included within this nonvoted debt capacity are any conditional sales contracts or financing leases that constitute "debt" under Washington law. Voted General Obligation Bonds. Unlimited tax general obligation bonds are payable from property taxes in excess of regular tax levies. Cities may issue voted general obligation bonds in an amount, together with other outstanding voted and nonvoted debt, that does not exceed 2'/2% of the value of the taxable property in the city. Cities have an additional 2%2% of debt capacity for bonds issued for open space and park purposes and 2'/z% for utility purposes. An election must be held at which the total number of persons voting is not less than 40% of the total votes -1- 509776531 cast at the last preceding general election and at least 60% of those voting approve the bond proposition. Levy Limits. Cities are allowed to levy regular property taxes of $3,375 per $1,000 of assessed value of the taxable property in the city, and an additional $.225 per $1,000 of assessed value if not required to fund pension programs. A city may not levy its full $3.60 per $1,000, however, if regular property taxes exceed the levy limit factor in Chap. 84.55 RCW. Chapter 84.55 RCW limits the total dollar amount of regular property tames levied by a taxing district without voter approval to the highest amount of such taxes levied in the three most recent years (adjusted to account for new construction, improvements and state -assessed property), multiplied by a limit factor. Initiative 747 reduced the limit factor. For most cities, the new limit factor is the greater of (i) the lesser of 101 % or 100% plus a measure of inflation or (ii) any percentage up to 101 %, if approved by a supermajority council vote, upon a finding of substantial need. Of course, the rate of inflation can be expected to exceed 1 % annually; so as a practical matter, the new limit factor is a flat 101 %. Because the levy limit applies to the total dollar amount levied rather than to levy rates, increases in the assessed value of property in the city (excluding new construction, improvements and State -assessed property) that exceed 1 % will result in decreased levy rates. If the 101 % limit is preventing a city from levying the full $3.60 per $1,000, an election may be held to increase the regular property tax levy to a specified amount (not more than the $3.60 limitation). A simple majority of the voters voting must approve the proposition. This is known as a "levy lid lift." Revenue Obligations Cities may issue revenue bonds payable from the revenues of a particular utility or enterprise. Traditionally, revenue bonds are "self-liquidating" in that they are repaid solely from revenues derived from the facility financed with proceeds of the bonds. Revenue bonds are commonly issued for water, sewer, solid waste and electric facilities. They are not general obligations or "debt" (within the debt restrictions of the state constitution or statutes) and have no claim on any tax revenues for payment of debt service. The revenues collected for the facility must be deposited into a special fund and pledged to pay debt service on the bonds. When issuing revenue bonds the city will ordinarily covenant to give bondholders a first lien on revenues of the utility or enterprise financed, subject to prior payment of maintenance and operation costs. Because the source of repayment of the bonds is limited to revenues produced by the utility or enterprise, the bond ordinance will also include a number of bondholder covenants to preserve the strength of that revenue stream. For example, the bond ordinance will include covenants to maintain rates at a level that comfortably covers the debt service on the bonds, covenants to insure the revenue -producing facility, covenants not to dispose of the facility, and covenants not to issue additional bonds with a parity lien on revenues unless the city demonstrates that revenues are sufficient to pay comfortably the additional bonds as well as the original bonds. -2- 50977653.1 LID or Assessment Bonds Local improvement district ("LID") or assessment bonds are payable solely from assessments levied against property specially benefited by the improvements constructed out of the proceeds of the bonds. LIDS are typically formed to finance roads or water and sewer improvements. LID bonds do not impact a city's debt capacity, even if the LID bonds are secured by the city's LID guaranty fund. -3- 50977653.1 CD VM N M� AW CL O VNNI E E .3 cn p M_ t0 O N 00 O B` O LO h M cu >, } v �' R = O LO N O R O to L _ p &A f N CN V-�t to O v Ln v tm r 69 S` 1 M O 0- Q9. 6% 69, 44 00 co tD CA N co O 1v +- 00 O r- c- M to Ul 00 C4 f- N CD O le w CU CL 'a O CQ ^ X O p N NF V (6 W C5 N N .0 O CC M H V) 1� LO 'V' N O 11. C0 Cti A �N} N CA O LO W -O CV � t N d' v r et CO r p Q. 64 64 6% 64 E013. 6i? L O O ^ LO ^ 0 N O l 'O U- O O r m to 00 1-- O O CO L + y Cn LO N LO � h LO N �+ c0 U U O + N 00 O to v V EF? O y L a � N et !' IT O C- (D L CL) �\ d M w 0 N co N 1� CL -a T LLJ' �T-- as as w w � ® m -p O O L p� y N of V CO to a) y CV y N W V Co cc Q- 00 m m N t O v V Cam?) U N O � C O� M(� Li N e1' v r M C � o a C.) 64 64 61) @A 64 EA 9 O y 64 O 6�3 yZ O M w O N 00 O N O O O r O N In O0 Cfl (� O9 to O O r C"! U .� 0co Cl O N d O O N Q. X O CGS Q ® N W O v M c W p0 P1 U r N v r ��, M O Z 63 tfi 64 44 E9. O r i N G9 d r 0 Qi � •� C C N Z M c Z c J m UR -1 L LL c ... N a9 J Q � v (i z � O co U 0 U3 w$ ATC OUTDOOR DAS July 12, 2010 Dear Council Members: On behalf of ATC Outdoor DAS, LLC, I'd like to reiterate our thanks and support for the Council's efforts to permit Distributed Antenna Systems ("DAS") in the public rights -of -way in Medina as a means to improve wireless communications service to the community. This letter is intended to respond to several questions that one or more members of the Council have raised over the past several months as you have considered DAS and corresponding amendments to your wireless communication facility code, MCC Ch. 17.90. We would also like to take this opportunity to express our position on one of the key issues that the Council will be addressing on July 121" - whether and to what degree to require undergrounding of the ground level equipment appurtenant to wireless communication facilities. (With respect to DAS, this would affect the hub location.) As always, we would welcome the opportunity to speak with each of you in person. Whether this occurs in person or through this letter, we want to be sure to provide you with as much information regarding how DAS networks operate generally, as well as specifically regarding ATC' proposal and what it will mean for Medina. What Will A DAS Network Look Like? One of the critical questions that we have heard several Council members ask is: what will a DAS network look like in Medina? We have enclosed photo simulations of each of the ten node locations that ATC has proposed as part of its DAS network. These are effectively "existing" and "proposed" pictures. The photo on the left shows the existing utility pole without the additional DAS node equipment. The photo on the right shows how that same utility pole will look with the DAS node equipment attached. As you can see, ATC is proposing to attach up to four flush mounted panel antenna at each node location, as well as two pole -mounted equipment cabinets. Each of these pole mounted equipment cabinets is approximately 4.5 cubic feet, so together the two measure approximately 9 cubic feet. While ATC may not need to attach two pole -mounted equipment cabinets at each node when it first installs its DAS network, it may need to add the second pole - mounted equipment box as additional carriers decide to ride on ATC's DAS network. Will The City Be Cluttered With DAS Nodes? No. As stated above and shown in the photo simulations, ATC is currently proposing only ten DAS nodes. That means ten utility poles to which panel antennas and pole mounted equipment boxes will be attached. ATC anticipates that this configuration will be adequate to support at least three wireless carriers on its DAS network. That means that ATT, T-Mobile and Sprint (for example) could all use this one system to improve their wireless service in Medina. 10 Presidential Way • Woburn, MA 01801 • 781.926.4500 Office • 781.926.4555 Fax + www.americantower.corn ATC OUTDOOR DAS It is possible that in the future ATC will consider supplementing its currently proposed system with additional adjacent nodes to accommodate additional wireless carriers or with additional DAS nodes in other portions of the City per requests from wireless carriers. We do not, however, have any plans to do that at this time. However, even if future nodes are added to additional poles, the City will not be encumbered with a cluttered look. As you have recognized, this is a key benefit to using the City's right of way for DAS installations. In addition, it is possible that another DAS carrier will approach Medina to locate a network in the City. For example, Crown Castle, which also builds DAS networks, as well as macrocell wireless communication facilities, responded to the City's prior Request for Proposals when you were looking for a consultant to help explain the current options in wireless technology. Based on the experiences of other cities with outdoor DAS networks, it is highly unusual for a second DAS provider to build a network where another DAS network already exists. This is because it is typically substantially less expensive for a wireless carrier (e.g., ATT, Verizon, or T-Mobile) to contract to ride on the existing DAS network rather than pay another DAS provider to construct a new system in an area that is already served by a DAS network. How Many Hubs Will There Be and Where Will They Be Located The DAS network proposed by ATC will be supported by a single hub location. That is where all of the wireless carriers riding on the DAS network will locate their equipment. DAS hubs would not be located in the right of way. All of the equipment actually attached to the pole will belong to ATC, not to any of the individual wireless carriers. ATC has proposed to locate the hub for its DAS network at the Puget Sound Energy Substation at 1000 80t' Ave NE in Medina. We have contracted with PSE to reserve up to 1,500 square feet of area at the substation for the DAS hub location. This should be adequate to accommodate the equipment of all wireless carriers located on the proposed DAS network. In sum, multiple wireless carriers will be able to ride ATC' network using just this one hub location. Currently, ATC is proposing locating that hub at grade. We believe that the equipment that makes up the hub blends smoothly with the existing equipment at the PSE substation — in fact, this was one of the main reasons for choosing the PSE substation as the location for the hub. While we understand that the Council may be considering requiring hub locations to be undergrounded, we would strongly request and recommend that the City not require undergrounding. Locating the hub below grade puts it at high risk for water and storm damage. A forceful storm could flood the hub, leaving residents without access to either their land line phones or their wireless phones. Loss of telecommunications services would likely interfere with residents' ability to call e911 in case of emergencies. In addition, it is two to three times as expensive to locate the hub underground as compared to locating it in a non-residential structure. 10 Presidential Way • Woburn, MA01801 • 781.926.4500 office • 781,926.4555 Fax • www.americantower.com ATC OUTDOOR DAS The visual impacts of a non-residential structure, which will blend seamlessly with the surrounding development, simply does not warrant the added expense. Finally, it is not necessary to underground the hub to ensure that it has no visual impact on the surrounding community. As explained herein, ATC has proposed to locate its hub at the PSE substation. That location is entirely screened by trees. Further, the City could require other methods, such as landscaping or locating the hub equipment in an accessory structure, to obscure other hub locations (if and when any are proposed). Other Comments re& rding Proposed Wireless Code Amendments ATC is currently in the process of preparing written comments regarding the second draft of the City's proposed wireless code amendment. The second draft was made available to the public on Thursday. Since then, we have been working to review it and develop substantive comments. We hope to have these to the City in the next few days so that they may be considered as the code amendment continues through the review and approval process. ATC again thanks the City of Medina for its effort to permit wireless communication facilities, and particularly DAS networks, in the public rights of way as a means to improve wireless service in the City. Please know that we are always available to answer any questions that any person at the City may have regarding how DAS operates in general and ATC's proposed network specifically. Sincerely, I Alexander P. Gamota Director — DAS Strategic Relations & Network Policy 781.926.4902 alex.gamotanamericantower.com cc: Donna Hanson Robert Grumbach Doug Kearney Laura Altschul Molly Lawrence Enclosures (2): "Existing and Proposed" Photosims 10 Presidential Way • Woburn, MA 01801 • 781,926.4500 Office 9 781.926.4555 Fax • www.americantower.com CITY COUNCIL MEETING PUBLIC COMMENT SIGN IN SHEET Public comment is encouraged and appreciated. With the exception of public hearings, this is the only opportunity for the public to address the City Council on agenda items or any other city related business. In order to accomplish all business on the agenda and be respectful of everyone's time, council members will not be able to engage in dialogue with individual members of the audience and no immediate action will be taken on any public comment issue. Complete the following information and submit to the City Clerk prior to the meeting. When your name is called, proceed to the podium and state your name and address. Please limit your comments to 3 minutes. Name: Address: PLEASE PRINT LEGIBLY Po I Phone: ? (y— �-- --0 1. Public comments sign in sheet must be completed before speaking. 2. Public comment limited to three minutes per speaker. 3. No speaker may conveyor donate his or her time to another speaker. 4. Comments shall be courteous and respectful at all times. 5. No person may use public comment for the purpose of campaign or advertisement. 6. This is not a question and answer time and council can not engage in conversation with the public. 7. Questions and concerns about operations should be addressed with city staff during regular business hours. 8. The presiding officer has the responsibility for enforcing these rules and may change the order of speakers so that testimony is heard in the most logical groupings. 1 WISH TO SPEAK to the City Council on the following agenda item and/or issue: 0 ) ❑ IN LIEU OF SPEAKING I request the City Clerk to include my written comments into the public record. Signature Required: Date: By signing, I acknowledge public comment period rules. Pursuant to RCW 42.56, this document is considered a public record. Disclosure may be required upon request. W V Z a Z W ®`I r Z Q 0 W 2 0 ZD W d Q C3 U) 0 Z Y J W 0 Ul R W Z W Y m 7/: z 0 w 2 0 a, w a. ¢ U U) 0 z J w z zog w Y m Y J w 0 U5 r F U' _J 0 Z H X w Too loci, -low a NOW � CITY OF MEDINA Office of the City Manager Study Session July 12, 2010 Date: July 6, 2010 To: Mayor and City Council Via: Donna Hanson, City Manager From: Joe Willis Sr., Director of Public Works Subject: Streetscape Policies and Street Standards As an introduction to these issues, I would like to outline for Council the topics in this report. I. NE 12th/Lake Washington Blvd Traffic Safety Improvement Project II. SR 520 design concepts and standards III. Medina Comprehensive Plan related to Streets and Community Design IV. Policy Considerations for Council I. The NE 121h Street/Lake Washington Blvd. Traffic Safety Improvement Project was in response to neighborhood concerns expressed to Council in 2009 regarding speeding traffic, limited sight distance and problems exiting driveway entrances onto the street, and difficulty residents have in crossing the street. The Council authorized a traffic study which was prepared by Transpo Group and learned from the study that speeds on the street were excessive. Council met with the traffic consultant in a study session to evaluate a number of options to improve traffic safety in the corridor and provided direction to the consultant. An Open House was held and a majority of the residents that front the street attended and commented on the options presented. The new Council authorized the consultant to proceed with the design on May 10th. The project includes two phases. Phase I focuses on the installation of a gateway treatment at 88th Ave NE with a landscaped median, enhanced crosswalks with entry signage and pedestrian activated lights, roadway restriping to create a center turn lane and additional medians along the Lake Washington Blvd. corridor. Phase II will include a crosswalk near 86th Ave NE, further treatment at the west end of the bicycle lane on NE 12th Street, a widened sidewalk around the utility pole at the west end of the bicycle lane, and completion of the sidewalk on the north side of the street at 86th Ave NE. Colie Hough -Beck of HBB Landscape Architecture was asked to develop design alternative concepts for the gateway treatment and to complete the median planting design for the project following Council consideration. Colie will be presenting gateway treatment concepts for Council comment. II. SR 520: In the case of the SR 520 Eastside Transit and HOV Project, the WSDOT consultant staff collaborated with Eastside Points Community representatives to develop an Urban Design Criteria manual to guide the Design -Build Contract team in their design and construction of the highway lids, sound walls, trails, and landscaping. The manual is a guidance document and not a design standard. The State will require the contract team to follow the State's Plans Preparation Manual and WSDOT Design Standards for the project. In those areas that are outside of State right-of-way or are to be turned back to the City, City Standards will govern. Considerations for Council relative to the SR 520 Project are: ➢ The review and approval of cooperative agreements between WSDOT and the City that defines the roles and responsibilities of both parties and governs city participation in the design and construction of the project including financial implications ➢ Review the design elements for the highway/transit project and consider their impact on existing and future city land use, zoning, and capital projects ➢ Review the aesthetic and design goals in the Urban Design Criteria and consider policies to provide a framework for staff as they participate in project reviews, design changes, and approval of permits for those portions of the project within City rights -of -way ➢ Does the Council want to adopt a Medina Street Standard prior to the beginning of the SR 520 design effort? III. Medina Comprehensive Plan Street Policies and Standards Robert Grumbach has reviewed the City Comprehensive Plan relating to streetscape and provided a summary report for Council. Chapter 5 Transportation & Circulation Element of the Plan under GOAL T-G6 says "maintain and enhance the informal landscape character of the City's public streets". The Policies in the Plan set forth the objective to provide improvements that are designed to maintain the City's natural and informal character with highly visible streets to be heavily landscaped with native trees and shrubs arranged in an informal manner. These goals and policies all emphasize "natural" and "informal". Chapter 3 Community Design Element of the Plan includes a Medina Landscape Plan, Street Design and Treatment, Street Landscaping, and Public Spaces sections that all emphasize community character and its preservation. Policy CD-P1 reads: `The city shall maintain and implement the Street Design Standards and Landscaping Plan, including landscaping of arterial street right- of-way". Street Design Standards as defined by most cities are generally engineering design guidelines and construction guidance documents. They are used to define specific street improvements such as travelled roadway lane widths, shoulder and walkway widths, roadway geometry and alignment, curbs, drainage, traffic control markings and signage, street lighting, etc. They seldom 2 deal with appearance and community character or contain landscaping design palettes and overarching esthetic considerations. RCW 35.78.040 requires municipalities to apply uniform design standards (as adopted by the State Design Standards Committee) to all new arterial street construction and to reconstruct old streets as far as practicable. Local Agency Guidelines Manual prepared by the WSDOT Highways and Local Programs in accordance with RCW 35.78.040 is the adopted design standard and applies to all arterial streets and roads. Chapter 42 of the Manual is applicable to all City and County arterial and collector street designs. The Manual does not deal with appearance and community character. Further consideration should be given to Non -Motorized Facilities (sidewalks, pathways, bicycle facilities, and street edges such as curbs). RCW 35.70 for example places the burden and expense of constructing sidewalks along the side of any street or other public place upon the property abutting on it. RCW 35.69.020 further places the completion of a missing section or a portion of sidewalk that is disrepair if the city by resolution finds the improvement is necessary for public safety and convenience, on the abutting property. Should the City decide that a more formal (urban) design standard is desired for City streets, frontage improvements could be required whenever property re- develops. IV. Policy Considerations for Council: 1. Review the Comprehensive Plan Community Design Element and the Transportation and Circulation Plan chapter Goals and Policies to decide if Council wants to initiate a process to amend the Comprehensive Plan. 2. Decide if you want to adopt Medina Street Design Standards that at a minimum apply to arterial streets. 3. Consider if you want to expand the scope of street design standards to residential streets. 3