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HomeMy WebLinkAbout2023-04-10-minutes-public-works-study-sessionPubflc Works Study Sassoon Reg,u�ialrP MV seting Monday Apul� 109 2023 ® 1.30 PH Comme ssioners° Aud torium 205 west 5th Room 109 - Ellensburg 1. Call to Order 2. Citizen Comments (1 min. time limit) 3. Executive Session RCw 42.30.110 (i) To discuss with legal counsel representing the agency matters relating to agency enforcement actions, or to discuss with legal counsel representing the agency litigation or potential litigation to which the agency, the governing body, or a member acting in an official capacity is, or is likely to become, a party, when public knowledge regarding the discussion is likely to result In an adverse legal or financial consequence to the agency. This subsection (1)(i) does not permit a governing body to hold an executive session solely because an attorney representing the agency is present. For purposes of this subsection (1)(i), "potential litigation" means matters protected by RPC 1.6 or RCw 5.60.060(2)(a) concerning: (i) Litigation that has been specifically threatened to which the agency, the governing body, or a member acting in an official capacity is, or is likely to become, a party. 4. Public Facility District Feasibility Study Update 5. Kittitas Highway and Number 6 Road 6. Other business 7. Concluded Created on 4/6/2023 1:04:27 PM KITTITAS COUNTY PUBLIC WORKS STUDY SESSION MINUTES COMMISSIONERS' AUDITORIUM, 205 WEST 5TH ROOM 109 Regular Meeting MONDAY 1:30 PM April 10, 2023 Board members present: Chairman Cory Wright, Vice -Chairman Brett Wachsmith, and Commissioner Laura Osiadacz. Others: Mark Cook, Josh Fredrickson, Rebecca Cruse, Public Works; Dan Carlson, Jessica Miller, Toni Berkshire, Zach Torrance -Smith Community Development Services; Neil Caulkins, Prosecuting Attorney's Office; Jesse Potts, Zane Kinney, Information Technology; 4 members of the public. At 1:30PM Chairman Cory Wright opened the Public Works Study Session. No Citizen Comments. At 1:30PM the Board of County Commissioners announced they would recess into Executive Session for 20 minutes with Mark Cook, Josh Fredrickson, and Neil Caulkins per RCW 42.30.110 (i) To discuss with legal counsel representing the agency matters relating to agency enforcement actions, or to discuss with legal counsel representing the agency litigation or potential litigation to which the agency, the governing body, or a member acting in an official capacity is, or is likely to become, a party, when public knowledge regarding the discussion is likely to result in an adverse legal or financial consequence to the agency. Action anticipated. At 1:50PM the Board of County Commissioners requested an additional 5 minutes for discussion. At 1:55PM the Board reconvened out of Executive Session with direction to staff to install bridge at the cost to lot owners. PUBLIC FACILITY DISTRICT FEASIBILITY STUDY UPDATE Mark Cook briefed the Board of County Commissioners on the development of a preliminary feasibility study supporting the formation of a Public Facility District in Upper County. Mark Cook discussed options for district boundary lines and the potential bonding capacity to fund construction of an Upper County Recreation Center. The Board directed Staff to continue development of the feasibility study. KITTITAS HIGHWAY AND NUMBER 6 ROAD Josh Fredrickson briefed the Board of County Commissioners on the Federal Highway Safety Improvement Program and identified the intersection of Kittitas Highway and Number 6 Road due to the high 2023-4-10 MINUTES rate of traffic accidents. Josh Fredrickson continued that staff has identified shrubs along Kittitas Highway right of way obstructing sight to the East and proposed replacement of those shrubs further back on the property line. Staff was directed to pursue further negotiations with the adjacent property owner. Meeting concluded at 2:15 PM KITTITAS COUNTY COMMISSIONERS KITTITAS COUNTY, WASHINGTON i 6 lwl� Rebecca Cruse, Administrative Cory Wright, Chairman Assistant 2023-4-10 MINUTES KITTITAS COUNTY DEPARTMENT OF PUBLIC WORKS PUBLIC WORKS — BOARD OF COUNTY COMMISSIONERS 2023 STUDY SESSION STAFF REPORT STUDY SESSION DATE: April 10, 2023 TOPIC: Public Facility District Feasibility Study Update ACTION REQUESTED: Direct Staff LEAD STAFF: Mark R. Cook RECOMMENDATION: Direct staff continue and complete a preliminary feasibility study regarding the formulation of a public facility district in upper county. BRIEFING SUMMARY: • Staff, with assistance from the Assessor, have evaluated several different potential district boundaries for general obligation bond capacity. • Review of actions possible at formulation is complete. • Review of district administrative options is complete. • Review of numerous Commerce Department feasibility studies is complete. • Suggested next steps. BACKGROUND: During the February 27, 2023, Public Works (PW) study session, the Board of County Commissioners (BoCC) directed staff work with various elected officials developing a preliminary feasibility study supporting the formulation of public facility district in upper county. Staff has evaluated general obligation bonding capacity of several boundaries, reviewed several formal feasibility studies, and evaluated the administrative component of a public facility district. DISCUSSION: Boundary Options. With assistance from the County Assessor, PW has evaluated several district formulations for maximum general obligation bonding capacity. Utilizing existing school district boundaries, bonding capacity is presented in Table 1 below. Page 1 of 5 Public Works "Work Session Staff Report", 2023 Table 1: District General Obligation Bonding Capacity School district boundaries evaluated Assessed Value GO Bonds at 0.0125 Tho +Cle Elum+Rosi n+Easton $ 7,574,617,364.00 $ 94,682,717.05 Cle Elum+Rosi n+Easton $ 7,147,052,583.00 $ 89,338,157.29 Cle Elum+Rosin $ 6,062,929,618.00 $ 75,786,620.23 Easton $ 1,084,122,965.00 $ 13,551,537.06 Easton includes Suncadia, Easton and Hyak. It is anticipated that youth from Cle Elum to Snoqualmie Pass would likely utilize the Cle Elum facility, hence a district comprised of Cle Elum/Roslyn/Easton seems reasonable. Eliminating Thorp does not significantly devalue district bonding capacity. Formulation. The BoCC is aware that formulation minimally requires a majority vote by resolution and the required Department of Commerce feasibility study. An option at formulation is the imposition of 0.002 percent sales and excise tax along with lodging tax within the district. Staff placed a call to DOC on 04/05/2023 asking if a separate lodging tax within the district could be layered over the county's current lodging tax. DOC staff could not provide an answer as of the time of this briefing. Both actions would commence following a simple majority of voters within the district boundaries. The advantage is putting in place, from the onset, sufficient revenue offsetting operational costs. The formulation process also requires establishment of the administrative component of the district. A selection of five, seven or nine commissioners is available to the BoCC for consideration. Five or seven board of directors appointed by the county legislative authority and must reflect the interests of the cities in the county as well as unincorporated area of the county. At least one member must represent the lodging industry if lodging tax is imposed. Members serve four years, two of the five staggers at two years or three of the seven staggers at two years. It seems the discussion on the number of commissioners serving is best evaluated by boundary selection and the BoCC's desire incorporating the cities of Cle Elum and Roslyn by interlocal agreement (allowed in the legislation). If that is the case, then two would represent the two cities, one would represent the lodging industry (presuming we get a favorable answer from Commerce) leaving two to represent the county as a minimum formulation. Review of Commerce Previous Feasibility Studies. PW obtained and reviewed a half dozen previous feasibility studies prepared pursuant to Revised Code of Washington 43.110.030 or 43.110.080 (EXHIBIT 1). A compilation of table of contents from three county feasibility studies (Lewis, Cowlitz, and Asotin) is provided for BoCC consideration (EXHIBIT 2). It appears that much of what the Upper Kittitas County Community Recreation Center Alliance (UKCCRCA) has already produced will be central to feasibility consideration. The county will also need to forecast sales and use tax revenue along with lodging tax (if allowed) revenue against operational costs. An Page 2 of 5 Public Works "Work Session Staff Report", 2023 analysis of general obligation bond debt retirement, along with analysis of other funding options including the following: • Admission taxes up to 5% (RCW 35.57.100 and RCW 36.100.210); Parking taxes up to 10% (RCW 35.57.110 and RCW 36.100.220); • Revenue bonds. • User charges and fees. Next steps. Providing the BoCC accepts staff -s proposal setting possible district boundaries, then additional financial forecasting seems prudent addressing the issue of sufficient operations and maintenance ftmding. Beginning with work done by UKCCRCA estimating likely operations and maintenance expense, staff could work with the Treasurer's Office forecast sales and use excise tax generated in the proposed district. A similar effort could be conducted for lodging tax (once an answer is provided on stacking lodging tax within the district). A similar effort could also be conducted estimating the probable debt service and interest payments on general obligation bond debt. Once this mass of financial data is produced and evaluated, PW will return to the BoCC with a proposal for funding the required Commerce feasibility study along with a detailed timeline supporting formulation of the district. FISCAL IMPACTS: Undetermined at this time. ATTACHMENTS: EXHIBIT 1: RCW 43.110.030, 43.110.080 EXHIBIT 2: COMPILATION OF PREVIOUS FEASIBILITY STUDY TABLE OF CONTENTS Page 3 of 5 Public Works "Work Session Staff Report", 2023 EXHIBIT 1: RCW 43.110.030, 43.110.080 Page 4 of 5 Public Works "Work Session Staff Report", 2023 RCW 43.110.030 Municipal research and services. (1) The department of commerce must contract for the provision of municipal research and services to cities, towns, and counties. Contracts for municipal research and services must be made with state agencies, educational institutions, or private consulting firms, that in the judgment of the department are qualified to provide such research and services. Contracts for staff support may be made with state agencies, educational institutions, or private consulting firms that in the judgment of the department are qualified to provide such support. (2) Municipal research and services consists of: (a) Studying and researching city, town, and county government and issues relating to city, town, and county government; (b) Acquiring, preparing, and distributing publications related to city, town, and county government and issues relating to city, town, and county government; (c) Providing educational conferences relating to city, town, and county government and issues relating to city, town, and county government; (d) Furnishing legal, technical, consultative, and field services to cities, towns, and counties concerning planning, public health, utility services, fire protection, law enforcement, public works, and other issues relating to city, town, and county government; and (e)(i) For any ordinance, resolution, or policy adopted by a city, town, or county that imposes a requirement on landlords or sellers of real property to provide information to a buyer or tenant pertaining to the subject property or the surrounding area, posting: (A) A summary of the ordinance, resolution, or policy; and (B) An internet link to the ordinance, resolution, or policy, or the relevant portion of the actual language of the ordinance, resolution, or policy. (ii) Information provided by cities, towns, and counties regarding an ordinance, resolution, or policy under (e)(i) of this subsection must be posted in a specific section on a website maintained by the entity with which the department of commerce contracts for the provision of municipal research and services under this section, and must list by jurisdiction all applicable requirements. Cities, towns, and counties must provide information for posting on the website in accordance with RCW 64.06.080. (3) Requests for legal services by county officials must be sent to the office of the county prosecuting attorney. Responses by the department of commerce to county requests for legal services must be provided to the requesting official and the county prosecuting attorney. (4) The department of commerce must coordinate with the association of Washington cities and the Washington state association of counties in carrying out the activities in this section. [2016 c 138 § 2; 2015 2nd sp.s. c 10 § 5; 2012 2nd sp.s. c 5 § 5; 2010 c 271 701; 2000 c 227 § 3; 1997 c 437 § 2; 1990 c 104 § 2.] Effective date -2012 2nd sp.s. c 5: See note following RCW 43.135.045. Purpose—Effective date -2010 c 271: See notes following RCW 43.330.005. RCW (10/5/2022 11:08 AM) [ 1 ] Effective date -2000 c 227: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect July 1, 2000." [2000 c 227 § 5.1 Effective date -1997 c 437: "This act is necessary for the immediate preservation of the public peace, health, or safety, or support of the state government and its existing public institutions, and takes effect July 1, 1997." [1997 c 437 § 6.] RCW (10/5/2022 11:08 AM) [ 2 1 RCW 43.110.080 Research and services to special purpose districts. (1) The department of commerce shall contract for the provision of research and services to special purpose districts. A contract shall be made with a state agency, educational institution, or private consulting firm, that in the judgment of the department is qualified to provide such research and services. (2) Research and services to special purpose districts shall consist of: (a) Studying and researching issues relating to special purpose district government; (b) Acquiring, preparing, and distributing publications related to special purpose districts; and (c) Furnishing legal, technical, consultative, and field services to special purpose districts concerning issues relating to special purpose district government. (3) The department of commerce shall coordinate with the associations representing the various special purpose districts with respect to carrying out the activities in this section. Services to special purpose districts shall be based upon the moneys appropriated to the department of commerce from the special purpose district research services account under *RCW 43.110.090. [2010 c 271 § 703; 2006 c 328 § 1.] *Reviser's note: RCW 43.110.090 was repealed by 2010 1st sp.s. c 9 § 8. Purpose—Effective date -2010 c 271: See notes following RCW 43.330.005. RCW (10/5/2022 11:08 AM) [ 1 1 EXHIBIT 2: COMPILATION OF PREVIOUS FEASIBILITY STUDY TABLE OF CONTENTS Page 5 of 5 Public Works "Work Session Staff Report", 2023 INDEPENDENT FINANCIAL FEASIBILITY REVIEW Regarding Lewis County Public Facilities District CONTENTS 1) Executive Summary Page 1 2) Overview Page 2 3) Background Page 2 4) Documents Related to the Review Page 3 5) Potential Costs and Financial Risks to the District A. Sales and Use Tax Revenue Page 4 B. Lewis PFD Bonds Page 4 C. Costs and Risk Relating to the Sports Complex Page 6 D. Costs and Risks Relating to Construction and Operation of the Event Center Page 7 E. Costs and Risk Relating to the LLC Page 8 6) Summary and Conclusions Page 10 7) Website Links for Relevant Information Page 11 This report has been prepared by SDM Advisors, Inc., a Washington corporation, a firm that has specialized in municipal finance since 1996. The report was prepared pursuant to a contract with the Washington State Department of Commerce. SDM Advisors is a Municipal Advisor registered with the Municipal Securities Rulemaking Board and the Securities and Exchange Commission. SDM Advisors, Inc. P.O. Box 2469 Mount Vernon, WA www.sdmadvisors.com Doors A D V I S 0 R S INC FINANCIAL CONSULTING FOR PUBLIC ENTITIES TABLE OF CONTENTS AT -A -GLANCE SUMMARY i I. INTRODUCTION 1 II. FEASIBILITY OF ISSUING NEW INDEBTEDNESS 5 CapitalCost Documentation................................................................................................... 5 ConstructionSchedule............................................................................................................ 5 CapitalFunding.......................................................................................................................5 ProjectBudget........................................................................................................................ 6 Sourcesof Debt Repayment................................................................................................... 6 TaxRevenue History............................................................................................................... 6 2017 Base Case CCPFD Debt Funding Scenario.................................................................... 10 Alternative Tax Revenue Scenarios....................................................................................... 11 AdverseConditions...............................................................................................................12 Construction/Debt-Related Risk Factors & Mitigation......................................................... 12 CapitalCost Risks.................................................................................................................. 13 DebtRepayment Risks.......................................................................................................... 13 III. CCPFD Financial Capacity 14 W. CCPFD Project Development Risks & Mitigation 16 V. CCPFD Project Financial Feasibility Review Summary 18 VI. PREPARER PROFILE 19 VII. APPENDIX 1-10 20 iii I Page INDEPENDENT FINANCIAL FEASIBILITY REVIEW Regarding Proposed Asotin County Public Facilities District This report has been prepared by SDM Advisors, Inc., a Washington corporation, a firm that has specialized in municipal finance since 1996. The report was prepared pursuant to a contract with the Washington State Department of Commerce. SDM Advisors is a Municipal Advisor registered with the Municipal Securities Rulemaking Board and the Securities and Exchange Commission. SDM Advisors, Inc. P.O. Box 2469 Mount Vernon, WA www.sdmadvisors.com �DVIS0RS NC FINANCIAL CONSULTING FOR PUBLIC ENTITIES CONTENTS 1) Executive Summary Page 1 2) Overview Page 2 3) Background Page 2 4) Potential Costs and Financial Risks A. Sales and Use Tax Revenue Page 6 B. Costs and Risks Relating to Operation of the Asotin County Family Aquatic Center Page 7 5) Summary and Conclusions Page 8 6) Documents Related to the Review Page 9 7) Website Links for Relevant Information Page 9 This report has been prepared by SDM Advisors, Inc., a Washington corporation, a firm that has specialized in municipal finance since 1996. The report was prepared pursuant to a contract with the Washington State Department of Commerce. SDM Advisors is a Municipal Advisor registered with the Municipal Securities Rulemaking Board and the Securities and Exchange Commission. SDM Advisors, Inc. P.O. Box 2469 Mount Vernon, WA www.sdmadvisors.com �DVIS0RS NC FINANCIAL CONSULTING FOR PUBLIC ENTITIES KITTITAS COUNTY DEPARTMENT OF PUBLIC WORKS PUBLIC WORKS — BOARD OF COUNTY COMMISSIONERS STUDY SESSION STAFF REPORT STUDY SESSION DATE: April 10, 2023 TOPIC: Kittitas Highway at Number 6 Road ACTION REQUESTED: Direction to Staff LEAD STAFF: Joshua Fredrickson RECOMMENDATION: Direct staff to proceed with negotiations with property owners for the removal of bushes near the intersection. BRIEFING SUMMARY: • LED embedded signs to enhance driver awareness will be installed at various intersections. • Bushes on the north side of Kittitas Highway at Number 6 Road pose a potential sight obstruction. • Public Works is coordinating the removal of the bushes. BACKGROUND: Public Works submitted and received a Federal Highway Safety Improvement Program (HSIP) grant. The grant is administered through the Washington State Department of Transportation (WSDOT) Local Programs. The project will install solar powered LED embedded signs to enhance driver awareness of intersections and promote safety. Example of signs include "Stop" and "Stop Ahead" signs. Work is proposed at various intersections in the County, including the intersection of Kittitas Highway at Number 6 Road. Through the project plan development, the opportunity to improve sight distance at this intersection is available. DISCUSSION: Public Works is developing plans for intersection improvements at various locations including the intersection of Kittitas Highway and Number 6 Road. Through the plan development process Public Works has identified a potential sight distance obstruction at the intersection of Kittitas Highway and Number 6 Road. East of the intersection, on the north side of the road, is a group of bushes that pose a sight obstruction to southbound vehicles at the intersection. The right-of-way line was surveyed and identified the base of the bushes to have been planted at the right-of-way line. Over the years these bushes have grown into the right-of-way. Public Works has been working with the property owners to coordinate removal of the bushes. Replacement of the bushes will be further back from the right-of-way line, to prevent sight obstruction as they grow. Page 1 of 3 Public Works "Work Session Staff Report' 2023 FISCAL IMPACTS: Roadside maintenance is an ongoing budget item in Public Works Road Fund. ATTACHMENTS: Location Map. Page 2 of 3 Public Works "Work Session Staff Report' 2023 EXHIBIT: Location Map Page 3 of 3 Public Works "Work Session Staff Report" 2023 N 0 0 0.01 0.02 Miles I I 1 I I I I I DISCLAIMER: KITTITAS COUNTY MAKES EVERY EFFORT TO PRODUCE AND PUBLISH THE MOST CURRENT AND ACCCURATE INFORMATION POSSIBLE. NO WARRANTIES, EXPRESS OR IMPLIED, ARE PROVIDED FOR THE DATA PROVIDED, ITS USE, OR ITS INTERPRETATION. KITTITAS COUNTY DOES NOT GUARANTEE THE ACCURACY OF THE MATERIAL CONTAINED HEREIN AND 15 NOT RESPONSIBLE FOR ANY MISUSE OR REPRESENTATIONS TO OTHERS REGARDING THIS INFORMATION OR ITS DERIVATIVES. n r T r T 4 S V L Ellensburg r Kittitas County GIS