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HomeMy WebLinkAbout2006/03/13 - ADMIN - Agenda Packets - City Council - Study SessionCity Council Study Session March 13, 2006 7:00 p.m. Council Chambers Discussion Items Approximate Times 1. 7:00 PM Investments 2. 7:30 PM Preliminary 2007 Budget 3. 8:15 PM Top 10 future Development Areas 4. 9:00 PM Historic/Architecturally Significant Housing and Architectural Design Guidelines – Council Policy 5. 9:10 PM Paperless Agenda – Council Policy 6. 9:25 PM Agenda Planning 9:35 PM Adjourn Written Reports for Council Review 7. Housing Improvement Area (HIA) Sungate Condos 8. Update on Fire Stations Auxiliary aids for individuals with disabilities are available upon request. To make arrangements, please call the Administration Department at 952/924-2525 (TDD 952/924-2518) at least 96 hours in advance of meeting. City Council Study Session Discussion Item: 031306 - 1 - Investments Page 1 1. Investments Finance PURPOSE OF DISCUSSION: To review current investment practices and discuss the utilization of a professional money manager to maximize investment yield s. BACKGROUND: Over the last several months, Finance staff have been reviewing current investment practices, the investment policy, and considering alternatives in order to maximize investment results. As a result, staff requests Council consider using the services of a professional money manager. Staff has met with three investment specialist companies and has invited a representative from one of those companies, PFM Asset Management LLC, to give a short presentation to Council about their firm, practices, and investment results. PFM Asset Management LLC is a specialized component of PFM, which is devoted exclusively to providing investment advice and portfolio management of funds for state and local governments. As an investment manager, PFM brings a comprehensive spectrum of services to the business of money management. PFM Asset Management LLC currently manages and advises clients on over $20 billion of investments. The City of St. Louis Park and the Economic Development Authority have an investment portfolio of approximately $60 million. The portfolio balances vary slightly throughout the year due to property tax settlement dollars, construction season, and economic development activities. Because PFM Asset Management LLC is in the business of doing investments, staff feels that the return on investments could be much greater than the City and EDA are currently receiving. In addition, all investment transactions and securities would be held in safe keeping with an independent agent such as Wells Fargo or US Bank. While neither staff nor PFM can guarantee a minimum yield on investments, staff feels that PFM could significantly increase the return being experienced by both the City and EDA and assist in managing the risk associated with making investments. The cost of this service is as follows:  $25M in investments 12 basis points or $30,000  Over $25M in investments 8 basis points  Minimum charge $15,000  Money market funds are not charged a fee If the City and/or the EDA decide to proceed with a professional money manager, part or all of the investments can be placed under their direction. Staff would still be involved with the management of investments as they will be responsible for cash flow forecasting, monitoring investments, reviewing compliance with the investment policy, and making decisions as to what the money is invested in. Staff will be able to view on-line investments at any time and would receive monthly reports that assist with compliance regulations. In addition, Council would be provided with a quarterly report that details investments and show performance measured against benchmarks. City Council Study Session Discussion Item: 031306 - 1 - Investments Page 2 Staff has been provided with a list of references (see attached list) and has contacted three organizations that utilize the services of PFM. The general comments are that PFM is good to work with, informative, increased yields, which has more than covered the fees charged, and decreased staff time necessary to manage investments. If the City decides to utilize the services of PFM Asset Management LLC, a professional services contract would be entered into. The terms of the contract would give the City the ability to cancel the contract with a 30 day notice. David Baccile, a representative from PFM Asset Management LLC, will give a short presentation of services and staff will be available to address questions. Attachment: References of PFM Asset Management LLC Prepared By: Jean McGann, Director of Finance Approved By: Tom Harmening, City Manager City Council Study Session Discussion Item: 031306 - 1 - Investments Page 3 PFM Asset Management LLC Client References Client Reference Contact Information Client Reference Contact Information Renville County, MN Renville County Mr. William Wells Chief Administrative Officer 410 E. Depue Ave., Room 315 Olivia, MN 56277 (320) 523-3710 St. Louis County, MN St. Louis County Mr. Donald Dicklich County Auditor 100 North 5th Avenue West, Room 214 Duluth, MN 55802 (218) 726-2380 Anoka-Hennepin ISD #11, MN Chairman of Minnesota School District Liquid Asset Fund (MSDLAF+) Anoka-Hennepin ISD #11 Mr. David A. Buck Director of Business Services 11299 Hanson Boulevard NW Coon Rapids, MN 55433 (763) 506-1038 Marathon County, WI Marathon County Ms. Lorraine Beyersdorff Marathon County Courthouse 500 Forest Street Wausau, WI 54403-5568 (715) 847-5241 City of Colorado Springs, CO City of Colorado Springs Ms. Terri Velasquez City Finance Director 30 S. Nevada Ave., Suite 202 Colorado Springs, CO 80903 (719) 385-5203 City of Fort Lauderdale, FL City of Fort Lauderdale Mr. Bob Mays Treasurer’s Office 100 N. Andrews Avenue, 6th Floor Fort Lauderdale, FL 33301-1085 (954) 828-6572 City of Chandler, AZ City of Chandler Ms. Cynthia Sneed MS 702 P. O. Box 4008 Chandler, AZ 85244-4008 (480) 782-2250 City of Brentwood, CA City of Brentwood Ms. Pamela Ehler Director of Finance 708 Third Street Brentwood, CA 94513 (510) 634-6900 City Council Study Session Discussion Item: 031306 - 1 - Investments Page 4 City of Modesto, CA City of Modesto Ms. Belinda Duerkson Senior Accountant 1010 Tenth Street, Suite 5200 Modesto, CA 95353 (209) 577-5458 City of Roseville, CA City of Roseville Mr. Russ Branson Finance Director 311 Vernon Street Roseville, CA 95678 (916) 774-5320 City of Scottsdale, AZ City of Scottsdale Ms. Janice Tanzer 7477 E. Indian School Road, Suite 210 Scottsdale, AZ 85251-3922 (480) 312-2663 City Council Study Session Discussion Item: 031306 - 2 - 2007 Budget Page 1 2. 2007 Budget Finance PURPOSE OF DISCUSSION To review the 2007 budget process, preliminary information for 2007, and begin discussing the 2007 property tax levy. Background In December of 2005 the City Council adopted the 2006 budget and it is now time to begin discussions about the 2007 budget. There are several areas staff would like to review with Council as we begin this budget process. At this time, topics are extremely broad as some areas cannot be properly addressed until the legislative session is completed. Listed below are areas staff would like to discuss with Council.  General information about the budget process (Budget 101)  2007 budget pro forma  Property Taxes  New Initiatives, 2007 Budget Considerations, and Legislative Actions  Utility Rate Impacts  Franchise Fees Budget 101 Staff will give a short presentation about the budget process. This presentation is similar to the one given to Council in 2005. The purpose in part is to assist new council members in understanding the process and to receive input on any requested modifications to the process. A budget calendar is attached for your review. 2007 Budget Pro Forma Staff has prepared a snapshot of what the 2007 budget may look like using a variety of assumptions. These assumptions will change as the budget process continues, the legislative session closes, and initiatives are added, deleted, or modified. In preparing the 2007 Budget Pro Forma, the following assumptions were used.  Wage increase based on a cost of living adjustment of 3%  Union contract –four of five contracts have been settled for 2006  PERA rates have been increased for both the coordinated and Police and Fire funds creating an increase in contribution from the General Fund of $73,876  Equalization of benefits between exempt and non-exempt employees is completed in 2007  Increased utility costs were considered and adjusted accordingly City Council Study Session Discussion Item: 031306 - 2 - 2007 Budget Page 2  Insurance costs were increased by 4% based on information provided by the League of Minnesota Cities Insurance Trust  Inflationary adjustments were considered  Postage was increased 5.4% to reflect postal rate increases that went into effect after the 2006 budget was prepared, General Fund impact is $7,083  Property tax levy increase of 3% and debt service levy increase of 1.07%  Revenues outside of property taxes remain consistent  Staffing levels are consistent with 2006 (other than those paid for by other sources e.g. Wi-Fi) Based on the above assumptions, the General Fund shows a “gap” of $311,436. The “gap” is not unusual when starting a budget process. As the process continues and real numbers are defined, the “gap” will likely become larger before the budget is balanced. The attached spreadsheet indicates a snapshot of the preliminary 2007 budget. New Initiatives, 2007 Budget Considerations, and Legislative Actions In addition to the assumptions listed above, there are many areas yet to address. Council may have additional initiatives beyond what is listed below.  Municipal Building Repairs/Maintenance/Upkeep  Fire Stations – do these need to be remodeled or replaced  Infrastructure – Public Works is completing the remaining parts of the infrastructure inventory. Public infrastructure such as retaining walls have not been addressed in the capital improvement program  Comprehensive Plan Update (required by law to be completed in 2008)  Marketing/Branding Initiative  Alternative Energy Sources Initiative  Vision SLP related initiatives  Levy Limits  Other State Mandates As the budget process continues there may be additional areas to consider. Utility Rate Impacts Utility rates impact the community and need to be considered when reviewing property tax levy increases. During the 2006 budget process, a cash flow analysis was performed on each of the Utility Funds. As part of the cash flow analysis, a 10-year CIP schedule was prepared to determine the current and future costs associated with maintaining/improving our Water, Sanitary Sewer, Storm Water and Solid waste needs. It was determined by the Council that being proactive on maintaining and improving our system was a priority. In calculating the future rates for the utilities, in addition to the 10-year CIP, a 3 month reserve would be maintained. As with any repair or replacement, an adequate reserve should be maintained in case a significant unexpected repair was to happen. Due to our detailed 10-year CIP planning for Utilities we hope City Council Study Session Discussion Item: 031306 - 2 - 2007 Budget Page 3 to minimize the unexpected. As outlined in the 2006 Budget document, the future rates will have the following effects on an average family of 2 and 4 in 2007. Family of 2 Family of 4 Water 1.46 2.50 Sanitary Sewer 1.19 2.04 Solid Waste 2.50 2.50 Storm Water 2.00 2.00 Total Increase per Quarter 7.15 9.04 Total Annual Increase 28.60$ 36.16$ Beyond 2007: With the analysis the Council went through in 2006, it was determined that a pay as you go methodology made the most sense given the City’s rates and infrastructure needs. Here is an outlook of the rates for future years which were estimated as part of the 2006 budget process. These rates are just an estimate based on the 2005 cash flow analysis and will be continually monitored and revised. 2006 2007 2008 2009 2010 Water Utility 0.90 1.004 1.154 1.362 1.362 Sanitary Sewer 1.702 1.787 1.966 2.104 2.230 2006 2007 2008 2009 2010 Storm Water 9.50 11.50 11.50 13.00 13.00 Cost per Residential Equivalency Factor Estimated per unit cost Franchise Fees: On January 1, 2004, the City enacted a Franchise Fee that assists with funding the Pavement Management Program. Xcel Energy and Centerpoint Energy collect a fee from customers and pass this through to the City based on the Franchise agreement. Also, as part of the 2006 budget process the Council apportioned part of the City’s levy increase to supplement the franchise fee revenues for the Pavement Management Program in lieu of increasing the franchise fees. At this time, Xcel Energy and Centerpoint Energy have applied to the Public Utilities commission for a rate increase. Based on the Xcel energy franchise, if the Minnesota Public Utilities Commission approves a rate increase, the City has the ability to amend the franchise ordinance to increase the franchise fee. The Centerpoint ordinance allows for amendment by the City at anytime. Final rate increase approval is expected in September 2006. Xcel Energy will provide an estimate in the next couple of weeks with the projected revenue increase if the City increased all franchise fee rate classes to the maximum amount based on their filing with the MPUC. If the City Council Study Session Discussion Item: 031306 - 2 - 2007 Budget Page 4 City were to decide to increase the franchise fee to fund more of the pavement management program in 2007 (in lieu of the current property tax levy method), here is an estimated timeline. July 2006 Work with Xcel and Centerpoint to finalize estimates September 2006 Final Approval Minnesota Public Utilities Commission October 2006 Formal notification to Xcel Energy and Centerpoint Energy December 2006 Council Adoption of revised ordinance Conclusion As the budget process continues, there will be many additional areas to review and discuss. The discussion this evening is primarily designed to inform the City Council of what staff is aware of now and to determine as early in the budget process as possible what thoughts the Council might have about the 2007 budget and related property tax levy. Attachments: 2007 Budget Pro Forma 2007 Budget Calendar Prepared By: Jean McGann, Director of Finance Approved By: Tom Harmening, City Manager City Council Study Session Discussion Item: 031306 - 2 - 2007 Budget Page 5 2006 2007 AVAILABLE RESOURCES Adopted Pro Forma Revenues: General Property Taxes 13,001,118$ 13,481,764$ Licenses and Permits 2,483,600 2,483,600 Intergovernmental 1,779,366 1,779,366 Charges for Services 1,025,436 1,025,436 Fines, Forfeits, and Penalties 283,300 283,300 Investment Earnings 173,500 178,000 Miscellaneous Revenue 122,400 122,400 Transfers In 2,609,819 2,609,819 Total Revenues 21,478,539$ 21,963,685$ Expenditures: General Government: Legislative 104,400$ 106,575$ Administration 802,999 825,209 Communications & Marketing 219,262 224,846 Community Outreach 122,451 125,195 Human Resources 531,287 551,912 Technology and Support Services 1,384,839 1,441,635 Finance 1,041,138 1,167,184 Community Development 982,831 1,005,137 Facilities Maintenance 913,624 956,664 Total General Government 6,102,829 6,404,358 Public Safety: Police 6,695,044$ 6,853,335$ Fire Protection 2,693,964 2,779,647 Inspectional Services 1,735,299 1,799,795 Total Public Safety 11,124,307 11,432,778 Department of Public Works: Public Works Administration 828,648 855,792 Engineering 724,824 752,422 Operations 2,505,968 2,549,771 Total Public Works 4,059,440 4,157,985 Non-Departmental: General Services/Contingency 191,962 280,000 Transfer Out - - Total Non-Departmental 191,962 280,000 Total General Fund 21,478,539$ 22,275,121$ Revenues Over (Under) Expenditures - (311,436) 3.71% City of St. Louis Park 2007 Preliminary Budget Pro Forma As of March 8, 2006 City Council Study Session Discussion Item: 031306 - 2 - 2007 Budget Page 6 council/study session meetings Due Date Responsibility of:Description 3/7/2006 Finance Department Director discussion 3/13/2006 Finance Preliminary Budget discussion with Council End of March Finance Discussion with Department Directors to provide update on Council budget discussion and directives given 5/1/2006 Finance Salary Updates to Budget Worksheets 5/3/2006 Finance Revenue/Expenses (Actuals) updates to Budget Worksheets 5/8/2006 Finance Distribute Technology Replacement, Municipal Service Center, Equipment Replacement, and Enterprise Fund Electronic Budget worksheets, Begin process of CIP analysis and completion of CIP information/ request forms 5/19/2006 Tech. Replace., MSC, Eq. Replace. & Enterprise Technology Replacement, Equipment Replacement and Municipal Service Center calculation due from departments 5/22/2006 Finance Update budget worksheets with Technology Replacement, Equipment Replacement, & Municipal Service Center charges 5/22/2006 Finance Fee Reporting- preliminary overhead calculation determined 5/22/2006 Finance Budget Report update to Council 5/30/2006 Finance Budget worksheets and internal charges worksheet distributed electronically to all departments 6/9/2006 All Departments CIP information/Request forms due to Finance for 2007 - 2011 CIP 6/9/2006 All Departments Approval/response received to Finance from Department Directors on Technology Replacement, Equipment Replacement & Municipal Service Center charges 6/30/2006 Finance Fee Reporting- final overhead calculations to be completed 7/3/2006 All Departments Proposed budget files completed 7/5/2006 Finance Departmental Access Secured to finalize budget 7/11/2006 Finance Department Head Meeting to discuss major budget & CIP impacts and ideas 7/17/2006 Finance Budget & CIP document compiled and presented to Department Heads 7/24/2006 Finance Budget & CIP discussion & review by Council Beginning of Aug Finance Budget & CIP discussion with Department Directors 8/14/2006 Finance Complete Utility Rate analysis 8/28/2006 Finance Budget and CIP presentation to Council (include fees, rates, and tax information) 9/5/2006 Finance Preliminary tax levy, budget, and CIP approval by Council 9/15/2006 Finance Certification of preliminary tax levy to county -- reports due to state Sept - Nov.Finance Study session(s) on proposed budget, CIP and related issues 10/27/2006 Finance Upload of proposed budget into JD Edwards 10/30/2006 All Departments Updated budget information in JD Edwards available Nov Finance Presentation for Business Council, Neighborhoods and/or other community groups 12/1/2006 Finance Notice of Truth in Taxation (Budget Public Hearing) published 12/4/2006 Finance Truth in taxation (Budget Public Hearing) 12/8/2006 Finance PDF File completed & sent to printer 2007 BUDGET AND CIP SCHEDULE City Council Study Session Discussion Item: 031306 - 2 - 2007 Budget Page 7 council/study session meetings Due Date Responsibility of:Description 12/13/2006 Finance Receipt of completed bound budget document from printer 12/13 - 12/15 2006 Finance Review of Final bound budget document 12/18/2006 Finance Council adoption of budget, CIP, and tax levy 12/22/2006 Finance Certification of tax levy and other required forms 12/29/2006 Finance Budget and CIP published on Website 1/31/2007 Finance Completion and Publication of State Auditors Budget Report 2007 BUDGET AND CIP SCHEDULE (Continued) City Council Study Session Discussion Item: 031306 - 3 - Future Development Area Page 1 3. “Top 10” Future Development Areas Community Development PURPOSE OF DISCUSSION: To begin the process of identifying and prioritizing areas of the City for which redevelopment pressures may exist or occur in the future such that proactive planning may take place Background In order to proactively plan and anticipate sites that we expect may experience development pressure, we were asked to identify the “Top 10” or possible future development areas. Staff has reviewed multiple city sites and has identified “areas” versus “sites.” These are areas that will likely need some city attention and experience some development pressure in the coming years. Process Attached are: 1. A map that shows 11 areas that Staff has identified as future development areas. 2. Descriptions and maps for each area. 3. A table that indicates information that directed us to these sites. 4. A second table that provides a 1 (lowest) to 10 (highest) staff ranking in 3 categories. An additional ranking of the sites, with a column for additional ranking by the City Council, is also included. Analysis As noted in attached Tables A and B, the top 3 development areas shown are currently in progress: they are experiencing development pressure and being worked on today. The next 8 areas are those that have some development pressure or efforts, and need additional discussion and ranking by the City Council. In addition, other individual sites are noted where we have received inquiries or expect that they will be redeveloped in the future. Resource Implications As we go about making progress identifying and prioritizing possible redevelopment areas, we will need to be mindful of resource implications associated with the efforts required to plan for and address redevelopment opportunities. More discussion will need to occur on this as events unfold. Attachments: Future Development Areas Map Descriptions and maps for each area Tables A and B showing information and ranking of development areas Prepared By: Meg J. McMonigal, Planning and Zoning Supervisor Approved By: Tom Harmening, City Manager City Council Study Session Discussion Item: 031306 - 3 - Future Development Area Page 2 “Top” Future Development Areas in St. Louis Park Table A. General Information for Development Areas Development Areas Blighted or underutilized buildings Vacant land Underutilized land Proximity to (future) transit Future Land Uses Transportation improvements needed 1 Elmwood Area X LRT Comm, res $$$ 2 Park Commons (incl. Park Nicollet, Wayside and Bass Lake site) X X X Office, retail, res., park $$ 3 Duke Area X X X X Office, retail $$ 4 Walker/Lake Area X X Ind., comm., school 5 I-394 South Area X X Comm., res. 6 Beltline Ind. Park/S. Hwy 25 X LRT Ind., comm. 7 Minnetonka Blvd east X X Comm., office 8 Interchange Office Area X X Office, res., comm. 9 Oxford/Cambridge Ind. Park X LRT Industrial 10 Excelsior Blvd. east X X X Comm., res. 11 Excelsior Blvd. west X Comm., office Other Individual sites: Novartis, Texa-Tonka, Old Theater, 27th + Louisiana, etc. City Council Study Session Discussion Item: 031306 - 3 - Future Development Area Page 3 Table B. Ranking of Development Areas Development Areas Development pressure - inquiries - proposals Effort needed by City - time - financial Redevelopment potential - create tax base - enhance community Score Council ranking of importance (rate sites 1 to 10 – 10 is highest) Combined Score 1 Elmwood Area 10 10 10 30 2 Park Commons (incl. Park Nicollet, Wayside and Bass Lake site) 10 9 10 29 3 Duke Area 10 8 10 28 4 Walker/Lake Area 4 7 8 19 5 I-394 South Area 7 5 6 18 6 Beltline Ind. Park/S. Hwy 25 3 6 8 17 7 Minnetonka Blvd east 8 5 4 17 8 Shelard Area 5 2 8 15 9 Oxford/Cambridge Ind. Park 4 1 5 10 10 Excelsior Blvd. east 3 2 4 9 11 Excelsior Blvd. west 2 2 3 7 Other Smaller sites Novartis, Texa- Tonka, Old Theater, 27th + Lou varies varies varies City Council Study Session Discussion Item: 031306 - 3 - Future Development Area Page 4 City Council Study Session Discussion Item: 031306 - 4 - Historic Housing 4. Historic/Architecturally Significant Housing and Architectural Design Guidelines Council Policy Discussion PURPOSE OF DISCUSSION: To discuss whether the City Council should direct staff to research and prepare recommendations regarding protecting historic and architecturally significant housing in the community and the implementation of architectural design guidelines. Councilmember Susan Sanger will lead the discussion on this item. BACKGROUND: Outlined below is information provided to staff by Councilmember Sanger regarding this topic area: 1. Historic Housing – Should St. Louis Park find ways to preserve existing older homes (19th century and early 20th century)? This includes protection against demolition (unless condemned) and protection against exterior modifications similar to what the cities of Minneapolis, St. Paul and others have enacted through ordinances and policies. Historic housing, such as many in Elmwood and scattered elsewhere, can add character to a neighborhood and help reinforce a sense of community history. 2. Architecturally Significant Housing – There is one home in the Lake Forest neighborhood which was designed by Frank Lloyd Wright and presumably some others which were designed by other prominent architects. Should St. Louis Park protect architecturally significant housing from destruction or exterior modification similar to the city of Chaska? Councilmember Sanger spoke with Tim Quigley, who is an architect and heads a nationwide foundation in Minneapolis which is trying to preserve Wright's homes, and he is willing to help St. Louis Park draft such an ordinance. 3. Architectural Design Guidelines - The city encourages residents to add on to their homes to create move-up housing. • Should the Council direct staff to prepare and distribute guidelines for new homes and additions so that new builds and remodels are compatible with the surrounding neighborhood, and in the case of additions, compatible with the original home? • Should the Council direct staff to research the feasibility of imposing design requirements when the city is providing something to the builder, such as we are doing in the excess land program, variances, additions or TIF financing? Prepared By: Marcia Honold, Management Assistant Approved By: Tom Harmening, City Manager City Council Study Session Discussion Item: 031306 - 5 - Paperless Agenda Page 1 5. Paperless Agenda Council Policy Discussion PURPOSE OF DISCUSSION: To discuss whether the City Council should direct staff to research the feasibility of creating and disseminating agendas to the City Council and others electronically versus the current paper format. Councilmember C. Paul Carver will lead the discussion on this item. Prepared By: Marcia Honold, Management Assistant Approved By: Tom Harmening, City Manager City Council Study Session Discussion Item: 031306 - 6 - Future Study Session Agenda Page 1 6. Future Study Session Agenda Planning Administrative Services PURPOSE OF DISCUSSION: To assist the City Council and the City Manager in setting the next Study Session agenda. Background: At each study session, approximately 10 minutes is set aside to discuss the next study session agenda. For this purpose, attached please find the tentative agenda and proposed discussion items for a study session prior to the March 20, 2006 Council meeting and the regularly scheduled March 27, 2006 study session. Attachments: Future Study Session Agenda Planning Prepared By: Marcia Honold, Management Assistant Approved By: Tom Harmening, City Manager City Council Study Session Discussion Item: 031306 - 6 - Future Study Session Agenda Page 2 Future Study Session Agenda Planning Monday, March 20 7 p.m. Discussion Item A. Duke Realty Concept Plan – Community Development (15 minutes) Introduction to the Duke Realty Corporation’s concept plan for a 35+ acre site in the southwest corner of I-394 and Hwy. 100. Monday, March 27, 2006 7 p.m. Discussion Items A. Whistle Quiet Zones - Public Works (45 minutes) Does the Council want staff to pursue the creation of whistle quiet zones? If so, what type of public process should staff use? B. Review 2006 Telecomm. Comm. Annual Report & 2006 Work Plan – TSS (30 minutes) Discuss the Telecommunication Commission’s annual report and work plan with Council. C. Vision SLP Outcomes Committee Survey Results – Administration (30 minutes) The Vision SLP Outcomes Committee will update Council on the results of the survey undertaken by Decision Resources. D. Review Human Rights Commission’s Proposed City Ordinance and Work Plan - Admin Services (45 minutes) Discuss the Human Rights Commission’s work plan and their proposed “Separation” ordinance. E. Future Agenda Planning – Administrative Services (10 minutes) Reports  Financial Report - Finance  Update for CSAH 25 Pedestrian Bridge – Public Works  Aquatic Park Update – Parks & Recreation City Council Study Session Written Item: 031306 - 7 - Sungate One Page 1 7. Sungate One Condominium Association - Housing Improvement Area Community Development PURPOSE OF REPORT: Staff desires to update the Council regarding the Sungate One Condominium Association’s interest in pursuing the Housing Improvement Area (HIA) finance tool to assist with common area improvements. Sungate One Condominium Association submitted the preliminary application for HIA financing in February 2006. Staff has provided a background description of the HIA along with the City’s adopted HIA policy as attachments. Background Sungate One is located at 2551-2619 Alabama Ave S, see location map. There are four single-story, five-unit buildings constructed in 1968 as rental and converted to condominiums in 1978. All units are identical in size and features. The units are owner occupied, primarily by seniors or recent first time homeowners; both groups that typically have more modest incomes. The City’s HIA policy requires that only Associations with modest valued units can apply for the HIA tool. The value of these units is consistent with the policy in that the 2005 estimated market value of the units is $121,000 and a unit recently sold for $140,000. The preliminary application has been received and favorably reviewed by staff and the City’s financial advisor, Ehlers and Associates. The Association will be collecting the required petitions in time for a public hearing before the Council on April 3, 2006. Analysis of Application The following analysis is intended to describe how the proposal meets the HIA policy and intentions of the statute. 1. The Association contracted with a third party to conduct a reserve study. The Association has worked with Gassen Company, a property management firm, since June 2002. The Association believes they have benefited from the direction provided by Gassen, including a reserve study conducted by Reserve Data Analysis in October 2005. The study includes a physical needs assessment, twenty year capital improvement plan and a financial analysis of the current and projected financial situation. Based on the physical assessment, Gassen Company compiled a scope of work, which has been reviewed and approved by the membership. City Council Study Session Written Item: 031306 - 7 - Sungate One Page 2 The goal of the HIA loan is to make needed improvements while building up reserves for the future. The reserve study indicates that projected association fee increases will meet the projected costs and that the Association will be capable of funding future needs with their reserves. 2. Project Costs. The construction estimate is $170,120 and includes the following improvements: replacement of water line from curb to buildings and associated work, partial replacement of sidewalks, replacement of some water heaters, boilers, a garage roof, and improvement to the driveway, parking lot, lights, sidewalks and stoops plus miscellaneous landscaping. The estimates are based on bids that have been received and reviewed by Gassen Management. These improvements are consistent with HIA guidelines in that they are common area improvements and improvements integral to the operation of the buildings. The total loan amount would be $183,900 to cover all project costs, see table below. The loan would include the fee to be paid to the City along with funds to cover the City’s legal and advisory costs. Sungate One HIA Project Costs Construction Costs $170,120 City Admin Fee $5,000 Legal Fees $2,500 Financial Advisor $1,500 Construction Oversight $1,000 Capitalized Interest $3,779 Total $183,899 3. HIA and City Goals The proposed improvements meet the City goals in that they will result in the upgrading of the existing housing stock in a neighborhood, stabilization of the owner-occupancy level within the association, and preserve existing housing stock. 4. Association Process and Timeline. The Associations communication regarding the HIA has been efficient due to the small size of the Association. • Staff met with the Board and members to discuss the HIA tool and process at two separate meetings during the preliminary process. • A full membership meeting was conducted on January 18, 2006, at which a majority of members were present and supported seeking the HIA designation from the City. This meeting is a requirement of City policy. City Council Study Session Written Item: 031306 - 7 - Sungate One Page 3 • Petitions are currently being gathered, with a public hearing scheduled for April 3, 2006. According to city policy and statutory requirements, the only time in which a city may implement an HIA is when Association members petition to the city do so. • Construction is scheduled to begin in June and would be completed this summer. This timeline is reasonable considering the efficiency of Association communication, and relatively small scope of work. 5. The HIA financing is necessary for this project. Sungate One applied for credit from Wells Fargo and M& I Bank. Their requests were rejected based on insufficient collateral and insufficient cash flow to cover the loan. The HIA is designed to be a last resort finance tool for associations. It is also designed to address obstacles some associations confront when applying for financing. • The City will lend the money to the association and be repaid by the owners, through their property tax payments. • Therefore the City’s risk is minimal compared to private lender as property taxes are in the first position over any other mortgage encumbrances on the property. • The HIA provides affordable payment options for owners that will allow association fees to increase gradually to ensure adequate funds of operation and long term maintenance Note. The Cedar Trails HIA was implemented in 2002. Of the 280 owners there has been only one delinquent in payment of the fee to the County as of the end of 2004, we anticipate updated 2005 information soon. 6. Fees. The imposed fee per unit will be approximately $9,150, with an annual cost per unit of $1,245.00 (payable over 10 years). Owners will be allowed to prepay the full amount without interest until November 20, 2006 at which time the information will be provided to the County for certification. Owners opting to make repayment will begin payments with the 2007 property tax payments. It is interesting to note that forty percent of the Cedar Trails owners opted to prepay the fee amount. Benefits of the HIA. In addition to improving the City’s housing stock, encouraging volunteer associations to implement fiscally prudent and disciplined management practices, the HIA actually generates revenue for the City. The interest rate for the HIA internal loans is 1% higher than the rate of twenty year Treasury Bonds, in this case it will be approximately 5.8%. This rate is as good as or better than the yield on investments the City currently experiences with the funds/reserves it has on had. When the HIA is financed through bonds, the interest rate to the Association would be 1% higher than the bond rate. City Council Study Session Written Item: 031306 - 7 - Sungate One Page 4 The City’s Finance Director will provide direction regarding the City’s internal funding of the HIA loan from the appropriate fund; Development Fund, Housing Rehab Fund, Permanent Improvement Revolving Fund, and/or by issuing bonds. Next Steps: The Sungate One Condominium Association will be petitioning the City Council to hold a public hearing on April 3, 2006 to consider an ordinance to establish the Sungate One HIA and a resolution approving a housing improvement fee for the Sungate One HIA. A second reading of the ordinance would be required and the Association would enter into a Development Agreement with the City. Attachments: HIA Background and City Policy Prepared by: Kathy Larsen, Housing Programs Coordinator Approved by: Tom Harmening, City Manager City Council Study Session Written Item: 031306 - 7 - Sungate One Page 5 HOUSING IMPROVEMENT AREA BACKGROUND INFORMATION Use of the HIA is an effective mechanism to help realize the City’s recently approved housing goals which were an evolution of the Housing Summit, Vision St. Louis Park and the City’s Comp Plan. The proactive preservation of modest valued owner occupied condos meets the goals of: • Promote & facilitate a balanced and sustainable housing stock to meet diverse needs both today and in the future, • Ensure housing is safe and well maintained. • Preserve and enhance housing quality through proactive promotional and educational activities and housing programs related to home rehab, code, and design and safety issues. The City is implementing a comprehensive strategy to preserve and enhance the single family detached homes, multifamily buildings and neighborhoods. The HIA tool addresses the aging townhouse and condominium housing stock. Construction of townhouses and condominiums, which compose 12% of the City’s housing stock, began in the 1970’s. The Comprehensive Plan notes that “there is a concern that maintenance may be underfunded for some townhouse associations and maintenance issues may arise in the future.” As most of the buildings are going on 30 years, this is becoming a concern. Use of the HIA finance tool provides an additional tool to assist in meeting the City housing goals. Housing Improvement Area Description In 1994 the Minnesota Legislature passed the Housing Improvement Area Statute that authorizes cities to establish HIAs as a finance tool for private housing improvements. A HIA is a defined area within a city where housing improvements are made and the costs of the improvements are paid in whole or in part from fees imposed within the area. • The HIA tool is similar to the commercial special service districts, in that cities may issue bonds to pay for improvements and levies fees and assessments to the owners. • Financing secured with assessment fees is considered the most secure type of loan since under foreclosure, taxes and assessments are the first obligations paid. • The primary intention of the HIA is to provide a financial tool for condominium and townhouse associations to make common exterior improvements and other improvements integral to the operation of the project, e.g. boilers. Currently, associations have difficulty financing improvements because: • Home rehab loans available to single family detached owners are very cumbersome to apply to the common improvements required for condo and townhome structures. • Very few banks have devised a lending mechanism and payment collection for condo associations. • Years of low association fees have not adequately funded maintenance and capital improvement reserves. City Council Study Session Written Item: 031306 - 7 - Sungate One Page 6 The City’s first HIA –Cedar Trails Condominium In 2001-02 the City, at the request of Cedar Trails Condominium Association established a Housing Improvement Area and imposed fees to all 280 owners. The city then loaned the association $1,365,000 for common area improvements. Repayment has been and is being made by the unit owners with their property tax payments. The benefits of the HIA are: aging housing stock is rehabbed, associations are required to conduct long term financial and capital improvement plans; individual residents of modest priced units have affordable payments, and the interest rate earned on the HIA generates revenue for the City. Construction was completed according to schedule, and residents were generally very satisfied with the results. City of St. Louis Park HIA Policy. On July 16th, 2001 the Council adopted a Housing Improvement Area Policy which meets the statutory requirements. In two areas the policy exceeds the State requirement. • The Council determined that petitions must be received by a majority of the owners; 51% of the owners must sign petitions rather than the 25% required by the statute. This ensures that member support is strong. • Only associations with units that are considered “modest value” could participate. The average market value of units should be in-line with the market value of homes determined affordable to first time homebuyers through the State’s 1st Tim Home this provides a consistent guideline for affordability throughout our housing programs and ensures that city resources are targeted to associations with low and moderate income owners. The full policy follows. City Council Study Session Written Item: 031306 - 7 - Sungate One Page 7 City Of St. Louis Park - Housing Improvement Area Policy 1. PURPOSE 1.01 The purpose of this policy is to establish the City's position relating to the use of Housing Improvement Area (HIA) financing for private housing improvements. This policy shall be used as a guide in processing and reviewing applications requesting HIA financing. 1.02 The City shall have the option of amending or waiving sections of this policy when determined necessary or appropriate. 2. AUTHORITY 2.01 The City of St. Louis Park has the authority to establish HIAs under 1994 Minnesota Laws, Chapter 587, Article 9, Section 22 through 3 1, and extended in 2000, M.S. 428A.21 2.02 Within a HIA, the City has the authority to: A. Make housing improvements B. Levy fees and assessments C. Issue bonds to pay for improvements 2.03 The City Council has the authority to review each HIA petition, which includes scope of improvements, association’s finances, long term financial plan, and membership support. 3. ELIGIBLE USES OF HIA FINANCING 3.01 As a matter of adopted policy, the City of St. Louis Park will consider using HIA financing to assist private property owners only in those circumstances in which the proposed private projects address one or more of the following goals: A. To promote neighborhood stabilization and revitalization by the removal of blight and/or the upgrading of the existing housing stock in a neighborhood. B. To correct housing or building code violations as identified by the City Building Official. C. To maintain or obtain FHA mortgage eligibility for a particular condominium or townhome association or single family home within the designated HIA. D. To increase or prevent the loss of the tax base of the City in order to ensure the long-term ability of the City to provide adequate services for its residents. E. To stabilize or increase the owner-occupancy level within a neighborhood or association. City Council Study Session Written Item: 031306 - 7 - Sungate One Page 8 F. To meet other uses of public policy, as adopted by the City of St. Louis Park from time to time, including promotion of quality urban design, quality architectural design, energy conservation, decreasing the capital and operating costs of local government, etc. 4. HIA APPROVAL CRITERIA 4.01 All HIA financed through the City of St. Louis Park should meet the following minimum approval criteria. However, it should not be presumed that a project meeting these criteria would automatically be approved. Meeting these criteria creates no contractual rights on the part of any association. A. The project must be in accordance with the Comprehensive Plan and Zoning Ordinances, or required changes to the Plan and Ordinances must be under active consideration by the City at the time of approval. B. The HIA financing shall be provided within applicable state legislative restrictions, debt limit guidelines, and other appropriate financial requirements and policies. C. The project should meet one or more of the above adopted HIA Goals of the City of St. Louis Park. D. The term of the HIA should be the shortest term possible while still making the annual fee affordable to the association members. The term of any bonds or other debt incurred for the area should mature in 20 years or less. E. The association in a HIA should provide adequate financial guarantees to ensure the repayment of the HIA financing and the performance of the administrative requirements of the development agreement. Financial guarantees may include, but are not limited to the pledge of the association's assets including reserves, operating funds and/or property. F. The proposed project, including the use of HIA financing, should be supported by a majority of the owners within the association. The association should include the results of a membership vote along with the petitions to create the area. G. The Association must have adopted a financial plan that provides for the Association to finance maintenance and operation of the common elements within the Association and a long-range plan to conduct and finance capital improvements therein, which does not rely upon the subsequent use of the HIA tool. H. HIA financial assistance is last resort financing and should not be provided to projects that have the financial feasibility to proceed without the benefit of HIA financing. Evidence that the association has sought other financing for the project should be provided and should include an explanation and verification that an assessment by the association is not feasible along with letters from private lenders or other evidence indicating a lack of financing options. City Council Study Session Written Item: 031306 - 7 - Sungate One Page 9 I. The homeowner's association must be willing to enter into a development agreement, which may include, but is not limited to, the following terms: establishment of a reserve fund staffing requirements annual reporting requirements conditions of disbursement required dues increases notification to new owners of levied fees J. The improvements financed through the HIA should primarily be exterior improvements and other improvements integral to the operation of the project, e.g. boilers. In the case of a homeowner's association, the improvements should be restricted to common areas. The improvements must be of a permanent nature. The association must have a third party conduct a facility needs assessment to determine and prioritize the scope of improvements. K. HIA financing should not be provided to those projects that fail to meet good public policy criteria as determined by the Council, including: poor project quality; projects that are not in accord with the Comprehensive Plan, zoning, redevelopment plans, and the City policies; projects that provide no significant improvement to the neighborhood and/or the City; and projects that do not provide a significant increase in the tax base and/or prevent the loss of tax base. L. The financial structure of the project should receive a favorable review by the City's Financial Advisor and Bond Counsel. The review will include a review of performance and level of outstanding debt of previous HIAs. M. The average market value of units in the association should not exceed the maximum home purchase price for existing homes under the State’s first time homebuyer program. (In 2001, the metro amount is $175,591) N. The association is to submit an application along with application fee as set from time to time by resolution of the City Council. Adopted by the City of St. Louis Park on the 16th day of July 2001. City Council Study Session Written Item: 031306 - 8 - Fire Stations Updates Page 1 8. Update on Fire Stations Fire and Inspections Departments Purpose of Report: To update the City Council on the status of the repairs to the apparatus floors at the two fire stations and identify “next steps” staff is taking to more fully evaluate the overall condition and facility needs at the two locations. Background: The facilities planning discussion during the December 12, 2005 study session identified several issues at Fire Stations No.1 and No.2 requiring action. Both stations were constructed during the 1960’s and are displaying signs of deterioration and additionally experiencing operational issues not present during the original design. A copy of the City Facilities Planning report is attached for your reference. Floor Reinforcement: Most significant and immediate of the issues at both fire stations was to perform an engineering review of the apparatus floors load capacity. The architectural and engineering firm of Krech, O’Brien, Mueller and Associates, Inc. completed the review based upon vehicle weights, field evaluation of the floor condition and the original engineered design. Findings indicated that the structural floors at both Fire Stations No.1 and No.2 do not meet the design capacity necessary by the code to allow continued use. Plans have been prepared for a relatively simple reinforcement of both floor assemblies. The design calls for installation of steel beams, columns and footings to be installed in strategic locations to effectively reduce the floor span in half. The engineer and staff collectively worked on column spacing to maintain the usefulness of the office and locker area of the Utility Division space beneath the floor in Fire Station No. 1. PCL Construction Inc. has been retained as the contractor to provide the repairs on Fire Station No.1 at a cost of $29,976. The City is currently in the process of requesting a price quote for the proposed work at Fire Station No. 2. Estimated time for completion is mid to late April. Full fire vehicle storage may return once the steel is in place. Unfortunately, the floors have also shown signs of steel reinforcement corrosion in isolated locations. This occurs due to the water and salt from the trucks going through minor cracks in the floor and acting on the steel reinforcement bars. The engineer’s design took into account some potential reduction in floor strength due to corrosion. However, we have not fully investigated the extent of this corrosion or evaluated how it may continue in the future, leading to more substantial repairs or possible replacement of the entire floor system. Complete Station Analysis: A complete analysis of the physical condition and usability of the fire stations must occur to evaluate the extent of needed work and how they will perform into the future. It is important to take into consideration not just the physical building condition, but also how the building design currently effects the operations and the ability to continue performing the exceptional fire and medical response service in the community. City Council Study Session Written Item: 031306 - 8 - Fire Stations Updates Page 2 The following are significant building and operational issues to be further investigated: • Compliance with Federal American with Disabilities Act. • Sleeping, bathing and dressing accommodations for multi-gender workforce. • Ventilation systems capable of maintaining a healthy living environment. • Biohazard equipment cleaning requires suitable isolated area. • Paid on-call turn out gear and personal clothing/items requires storage space and locker space on main levels. • Parking at the facilities is insufficient to allow for personnel assigned and entire department gatherings for practice and meetings. • Aging facility has not undergone significant updating since construction. • Additional storage for existing and future equipment needs. To fully evaluate the options and develop various plans, staff is interviewing architectural firms to enter into a professional service agreement. The study needs to include feasibility of remodeling existing structures, building addition options and cost alternatives for new construction. We expect the study to be completed within 3-4 months for City Council review and discussion. The information will be helpful in developing a long term facilities plan integrating City operations and using the facilities as an important tool in our service delivery to the community. Attachments: Facilities Planning Report Stations No. 1 and No. 2 Main Floor Plans for Reference Prepared By: Brian Hoffman, Director of Inspections Luke Stemmer, Fire Chief Approved By: Tom Harmening, City Manager City Council Study Session Written Item: 031306 - 8 - Fire Stations Updates Page 3 Study Session December 12, 2005 Facilities Planning Report : 4. Facilities Planning Inspections Purpose of Discussion: The purpose of this discussion is to update the Council on current municipal building issues and discuss future planning of our City facilities. Background: Aging structures, Federal requirements, and changing community service delivery have resulted in several issues and concerns becoming evident in various city buildings. Initial review of our entire operation and all our facilities revealed potentially significant issues which can be resolved through a long term integrated plan. Past maintenance and remodeling of some buildings has been successful but sometimes limited to solving a single issue present at the time. Viewing the longer term needs of the entire City services and facilities collectively will allow the most effective planning. Identified Issues: • Reallocated Positions and Staffing Responsibilities To more efficiently and effectively meet the changing business needs of the City, staffing changes and responsibilities have occurred in several departments. Building space modifications need to be made to fully realize efficiencies and public service potential. Expansion of Web-site development, changes in Administration and Finance departments, and expansion of T.S.S. are driving the need to evaluate how City Hall space is organized and utilized. • Fire Stations Stations #1 and #2 are experiencing significant operational issues not present when they were constructed during the 1960’s. Mixed male/female housing accommodations are not adequately being provided. The stations are also not in compliance with the Federal A.D.A. requirements for public facilities, have livability concerns (lack of ventilation, mildew, etc.), lacking apparatus storage space, and are unable to accommodate all firefighters simultaneously for meetings/training. City Council Study Session Written Item: 031306 - 8 - Fire Stations Updates Page 4 Indications of deterioration and the use of larger fire vehicles in recent years lead to a staff review of the floors in both Fire Stations. The original structural design of the reinforced concrete garage floors supporting the fire vehicles (above locker rooms, office, and storage spaces) indicates that the loading may be in excess of the design load. Maximum vehicle weights are now more then double what they were when the Fire Stations were constructed. A structural engineer has been retained to perform a complete analysis to determine the floors safe operating capacity. • Storage New voting machines to accommodate people with disabilities are being added, park, street, and utility equipment needs to be stored in secure, easy to access locations, record retention requirements, and a growing history of information require alternatives for storage be considered. The Parks and Recreation West Lake Park storage building is deteriorating. Repair work or demolition is needed. This storage location is not effective, subject to vandalism, and separated from operations at the MSC. • City Hall Reception Area The current reception location was a compromise and is not fulfilling the goal of properly greeting or serving City Hall visitors. • Fragmented Departments and Services Both Public Works and Fire departments have portions of there operations and staffing spread between three different city buildings on different sites. Both Administration and Parks departments need to utilize remote storage locations. • City Hall Elevator Changing U.S. E.P.A. regulations will obsolete the elevator within the next few years. A single wall hydraulic cylinder elevator was originally installed. Extending three stories below the building, any leak of the hydraulic fluid could lead to ground water contamination. New State Rules will probably require replacement of the elevator with a double wall type. This is a situation similar to the State wide replacement of old underground gasoline tanks that has occurred. • Public Meeting Spaces Many community groups and neighborhoods look to the City facilities for meeting space. Public requests for meeting space during the day and evening times often exceed the amount of available conference room space available. City Council Study Session Written Item: 031306 - 8 - Fire Stations Updates Page 5 Next Steps Continue an in-depth analysis of the issues and develop an integrated multi-year plan for all City facilities. Work will be accomplished by using a combination of staff, professional design consultants, and contractors. Guiding principles to follow during all phases will include: effective use of available funds; maintaining a long term perspective; limiting disruption to public and staff; integrating operations for maximum effectiveness. Results of the Fire Station structural review will be available for review within the next few weeks. The first steps including rearrangement of third floor office partitions in Finance and Administration could begin during early 2006. Prepared By: Brian Hoffman, Director of Inspections Approved By: Tom Harmening, City Manager