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HomeMy WebLinkAbout2/19/2014 - STAFF REPORTS ;pQ F A`M SA4 iy V N a� M °'rouno s Cq<<FORN,P CITY COUNCIL STAFF REPORT DATE: FEBRUARY 19, 2014 NEW BUSINESS SUBJECT: DISCUSSION OF A MULTI-YEAR STRATEGIC ACTION PLAN FOR CITY CAPITAL IMPROVEMENTS AND QUALITY OF LIFE ENHANCEMENTS RELATED TO MEASURE J FUNDING AND OTHER POTENTIAL FUNDING OPTIONS. FROM: David H. Ready, City Manager SUMMARY This is a discussion item for the City Council to consider and give initial direction to the Measure J Commission and Staff regarding a possible multi-year strategic action plan for City capital improvements. Ultimately, levels of funding (e.g. miles of streets paved, scope of Library remodel, etc.), funding sources (e.g. Measure J, Measure A, Library Trust Fund, General Fund, fund raising) and funding types (bonding, leasing, "pay as you go") are policy decisions for the City Council to consider in developing a multi-year capital improvement budget. RECOMMENDATION: Direct the City Council Subcommittee, Measure J Commission and Staff as appropriate. STAFF ANALYSIS: Background The City of Palm Springs voters approved Measure J in November, 2011 — a 25 year 1% Sales Tax. As a general policy matter, the City Council determined that these new tax revenues would support the City's efforts to revitalize the former Downtown Fashion Plaza site, and provide revenues for citywide capital improvements and quality of life projects. To date, the City Council has approved over 60 Measure J projects (approximately $22 million) that are in various stages of implementation (see attached; Exhibit A). City Council Staff Report February 19, 2014-- Page 2 Discussion of Multi-Year Capital Improvement Budget As part of an outreach initiative to the community in determining a range of capital improvement projects important to residents, City Council tasked the Measure J Commission to create a "request for ideas" application process. Subsequently, from input received, the Measure J Commission was able to make a set of recommendations, to the City Council, that resulted in approved projects as noted above. Several of the larger capital projects such as street resurfacing and repairs, the Library renovation project and land acquisition for parks/recreation improvements, etc., require a longer term strategy to Implement. Hence, the City Council appointed an Ad Hoc Sub-Committee (Hutcheson/Lewin) to meet with a Sub-Committee of the Measure J Commission to explore a process going forward that would address these types of multi-year strategic planning and funding projects. The two Sub-Committees have met formally — and with staff - resulting in this discussion item coming before the City Council. The general conclusion was the importance of City Council's direction on the level of funding to be provided for several of the larger projects — from a multi-year perspective — which would be instructive for the Measure J Commission and Staff to provide City Council with the next round of project implementation recommendations. For example, City Council policy direction on the scope of the Library remodel would ultimately impact the funds available toward the number of miles of streets to be resurfaced over the next several years. Moreover, a multi-year strategic planning approach could include various funding options and mechanisms to achieve a wider range of the City Council's project goals for the City. Projects The nature of certain types of capital improvement projects requires a strategic planning approach to match funding levels and organizational capacity to successfully implement the desired result. Several of the planned projects (City Council approved, Measure J recommended, and community suggestions) fall into this category. A primary example being the citywide need for street resurfacing which impacts every neighborhood resident, tourist and visitor to Palm Springs. This year, $1 million in Measure J funds have been recommended and approved to resurface approximately 2 miles of streets. However, with a multi-year strategic budget plan, the City Council may choose between several potential options which could result in resurfacing approximately 30-35 miles of city streets over a three year time period utilizing a Measure A Street Fund bonding program in conjunction with Measure J funds. With regard to the Library renovation project, the consulting firm Group 4 Architecture, Research and Planning, Inc., outlined at a recent City Council meeting their remodel project scope and cost of approximately $15 million. The City Council requested additional information of alternate scope and cost remodel scenarios. The consulting firm is finalizing their subsequent review and will have additional options for Council's consideration at your meeting. City Council Staff Report February 19, 2014-- Page 3 Discussion of Multi-Year Capital Improvement Budget Additionally, there is a range of other projects that will be affected — in terms of funding priority and timing — depending upon how a multi-year budget is implemented. Examples include the Non-Motorized Transportation Plan (with a significantly expanded bicycle lane program); a new Soccer Park, public safety buildings (new Fire Station and Police Station renovations); acquisition of land for economic development/ preservation/expanded park locations; trolley transportation program; Convention Center improvements; the new Downtown Event Center, etc. FISCAL IMPACT: The Finance Director has estimated the current fiscal year Measure J revenue at $11 million, with 2% increases in growth annually. The City's debt obligation for the new Downtown Palm Springs project and property maintenance/operating expenses of public areas (e.g. parking structures) is approximately $3.6 million annually. Based upon currently approved projects (for years 2012-2014) and debt obligations, the Finance Director is projecting approximately $7.2 million in 2015 and $8.1 million in 2018 available for new projects. In addition to Measure J funds, other sources of revenue for projects could include bonding/debt opportunities, Measure A Street Funds, General Fund and the Library Trust Fund (for Library use only, and at the discretion of the Library Commission). Suzanne Harrell, the City's bonding and financial advisor will be at the meeting to present information on the possibilities and limitations of debt borrowing, specifically as it relates to street resurfacing (in conjunction with Measure A Street Funds) and the Library, which are potential candidates for longer term debt consideration. rY p 9 As outlined above, there is a level of funding complexity to achieve the City's capital improvement goals, both short and long term. This initial City Council discussion and policy direction on a multi-year strategic capital budget plan will allow the Measure J Commission and Staff to plan accordingly and provide additional information to the City Council as we move into the new 2014-2015 Fiscal Year budget process. DAVID H. READY City Manager Attachments: Summary of Available Measure J Funds 2013 Approved Capital Projects 2014 Approved Capital Projects t Multi-Year Summary of Available Measure J Funds City of Palm Springs 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 Beginning Balance $9,788,824 Projected Sales Tax Revenue $11,000,000 $11,200,000 $11,400,000 $11,600,000 $11,800,000 +2% +2% +2% +2% Reserves: Project Contingency Reserve $1,007,998 Projects Under Discussion/Study 770,000 Unscheduled Capital Projects 650,000 Net Reserves (2,427.998) Total Available Funds $18,360,826 $11,200,000 $11,400,000 $11,600,000 $11,800,000 Existing Budget Obligations: Debt Service $3,200,000 $3,200,000 $3,200,000 $3,200,000 $3,200,000 Downtown Prop Maint&Other Expenses 328,443 350,000 375,000 400,000 425,000 Multi-Year Projects: iHub Accelerator Campus $500,000 $250,000 $250,000 Architecture and Design h m -Museum 283,334 283,333 283,333 0 0 PSHS Auditorium Remodel 291,000 291,000 0 0 0 Property Acquisition(near Chino Cone) 1,000,000 1,000,000 1.000.000 0 0 Tahquitz Median 1,030,000 1,030,000 0 0 0 Total Multi-Year Projects $3,104,334 $2,854,333 $1,533.333 $0 $o 2012-2013&2013-2014 Single-Year Projects $11,728,049 $0 $0 $0 $0 Total Existing Budget Obligations $18,360,826 $6.404,333 $5,108,333 $3,600,000 $3,625,000 Net New Funds Available for Budgeting $0 $4.795,667 $6,291,667 $8,000,000 $8,175,000 Add Back 2013-2014'Reserve"Holding Amounts 2,427,998 Total Funds Available for Budgeting $0 $7,223.665 $6,291,667 $8,000,000 $8,175,000 Note: The Director of Finance is assuming a 2%annual growth in revenues in the 2nd through the 5th year. 2/18/2014 Measure 2014-1015 Funding Projection(02-19-2014);Multi-Year Funds Availability 3:26 PM Measure J Capital Projects Funding by Fiscal Year City of Palm Springs 2013 Projects Bud et 1 Streets- Reconstruction, Overlay, Slurry Seal $3,000,000 2 Pavilion Kitchen Equipment Replacement 14,000 3 Desert Highland Light Poles/Fixture Replacement 80,000 4 Ruth Hardy Park Security Path Lighting 50,000 5 Desert Highland Small Parking Lot Repairs 40,000 6 Dog Park Improvements 10,000 7 Sidewalk Replacement in Parks Citywide 80,000 8 Demuth Park-Softball Field Wiring Replacement 40,000 9 Demuth Community Center-Gymnasium Floor Repairs 40,000 10 Sunrise Park Water Valve Replacement 50,000 11 Demuth and Ruth Hardy Parks-Parking Lot Repairs 165,000 12 Stadium Fencing Repairs 20,000 13 Replace 20 Trees-Palm Cyn, Indian Cyn, Sunrise Park 125,000 14 Village Green -Electric Meter Panel Replacement 25,000 15 Downtown/Uptown Crosswalks 150,000 16 Light Poles- Raise Footings-Citywide 150,000 17 Traffic Signal&Queing Study(Sunrise @ Ralph's Center) 10,000 18 Lighting- Replace Underground Electrical -Phase One 100,000 19 New Fire Station#6 Site Location and Design Study 50,000 20 Downtown PS Bond 3,000,000 21 Downtown Maintenance and Other Expenses 137,555 Total 2013 Project Expenses $7,336,555 2/18/2014 Measure 1 Approved Projects List(02-19-2014) 3:27 PM Measure J Capital Projects Funding by Fiscal Year City of Palm Springs 2014 Projects Budaet 22 Welwood Memorial Library Renovation Project $582,446 23 Uptown Crosswalk Project 126,000 24 iHUB Accelerator Campus 500,000 25 Architecture and Design Museum 283,334 * 26 Firefighting Support Unit 350,000 27 Downtown Palm Springs Development 365,000 28 Swim Center Deck 180,000 29 Swim Center Underwater Lights 12,000 30 Bike Crossing at Date Palm(50% paid for by Cathedral City) 15,000 31 Shade Cover at Mizell Senior Center 25,000 32 Trailhead Waste 5,000 33 Airport Back-up Generator(1/2 paid for by Airport) 62,500 34 Security Cameras at Park Restrooms 75,000 35 Baristo Sidewalk 25,000 36 Palm Springs High School Auditorium Remodel 291,000 * 37 Visitors'Center Landscaping 25,000 38 Library Computers 47,800 39 Library Planning 150,000 40 Property Acquisition (near Chino Cone) 1,000,000 * 41 JO Jessie DHUC-Gym Air Conditioning 175,000 42 Entry Way Signs 150,000 43 Police Training Center Upgrades 100,000 44 Building Department Microfilm to Internet 110,000 45 Veteran's Memorial 12,960 46 Police Records Area- Redesign and Renovate 250,000 47 NMTP/Biking Issues 1,004,544 48 Tahquitz Creek Master Plan 300,000 49 Police- Repave Rear and Front Parking Lots 300,000 50 Fire Station#4-Roof Replacement 32,500 51 Fire Station#4-Chiller Replacement 60,000 52 Police Department Initial Design-Remodel Building 100,000 53 Fire Stations Security Cameras 27,000 54 Fire Stations Keyless Entry System 50,000 55 Uptown Treewell Irrigation System 45,000 56 Village Green Improvements 50,000 57 Pavilion Gymnasium Floor Repair and Refinish 30,000 58 City Hall Security Design and Installation 100,000 59 Amico Tract Sewer Improvements($461 K 3-year total) 181,000 60 Street Repair 1,000,000 61 City Hall Parking Lot-Resurfacing 700,000 !, 62 Lighting (Replace underground electrical, Phase 2) 800,000 63 Downtown PS Bond 3,200,000 64 Downtown Maintenance and Other Expenses 275,000 65 Tahquitz Canyon Median 1,030,000 66 Trolley Study 25,000 Reserve Fund(10%target) 1,007,998 Total 2014 Project Expenses $15,236,082 Commission Recommended Set-Aside-Projects for Futher Study $1,420,000 (Palm Cyn-UptovmlDovmtovm lighting 8 street improvements,Cultural Center,Ruth Hardy Pavilion, Trolley Shuttle,South Palm Springs Gateway Entry,South Desert Park,Informational IQosks,Northern Trail) *Multi-Year Project 2/18/2014 Measure J Approved Projects List(02-19-2014) 3:27 PM 2 Measure A Bonds 7 Year 11 Year Pledge Pledge Par Amount $6,515,000 $9,620,000 Reserve Fund $ 625,000 $ 920,000 costs $ 190,000 $ 220,000 Net Project Funds $5,700,000 $8,500,000 Debt Service $1,100,000 $1,100,000 Total Payments(Net of Reserve) $6,850,000 $11,355,000 Effective Rate 3.00% 3.85% ®ro o2//9IZ0l -�1TES-7 s.a /7-7132/77 O/JAL. 3 Library Funding Options Project Cost Project Cost Project Cost Project Cost Project Cost Par Amount $5,885,000 $11,040,000 $12,700,000 $14,465,000 $17,675,000 Reserve/Capitalized Int $ 725,000 $ 1,620,000 $ 2,870,000 $ 2,125,000 $ 2,595,000 Costs $ 160,000 $ 220,000 $ 230,000 $ 240,000 $ 260,000 Debt Service(2037) $ 440,000 $ 830,000 $ 960,000 $ 1,090,000 $ 1,330,000 Total (Net of Reserve/Cap $9,240,000 $17,160,000 $19,725,000 $22,480,000 $24,480,000 Int) Effective Rate 4.95% 4.95% 4.95% 4.95% 4.95% baron►`*. LIBRARY RENOVATION PROJECT COST ALTERNATIVES Recently Group 4 Architecture Research and Planning, Inc., presented to the City Council a project for the renovation of the City of Palm Springs Library and a cost estimate of approximately $15 million. Below, for illustration purposes only, are presented some value engineering alternatives regarding the project, to illustrate a project with different costing models. Decisions regarding the specific elements would be a part of the project approvals by the City Council. $12.1 M BUDGET— OPTION 1 • Reduced parking expansion • Eliminate skylight in Children's area • Eliminate green screen / art fence at courtyard • Eliminate tensile shade structure in Children's courtyard • Replace sliding glass wall with fixed glazed wall between meeting room/gallery • Eliminate Koi Pond • Eliminate sliding glass wall at teen entry • Eliminate storefront at friends store • Eliminate group study rooms • Replace sliding glass wall with fixed glazed wall between children's and courtyard • Eliminate sliding panels at children's story area • Eliminate aluminum framing to support lighting and signage • Reduce glazed entry canopy to fabric structure • Reduce casework/millwork by 25% • Reduce lighting allowance to $8/SF (20% reduction) • Afterhours roll down grill at lobby $10.6M BUDGET— OPTION 2 • All items listed above • Eliminate expanded and added parking, no upgrades to courtyard or terraces, eliminate north entry— only providing ADA improvements and site utilities • Keep existing windows and storefront • Alternate meeting room/restroom layout (BH to send link to download) • Alternate teen room layout (BH to send link to download) • Alternate children's room layout (BH to send link to download) • Reduced technology budget (20% reduction) • Reduced signage budget (20% reduction) • Reduced furniture budget (20% reduction) $9.2M BUDGET— OPTION 3 • All items listed for option 1 and 2 • See attached floor plan indicating minimal amounts of walls to be removed and new walls to be built — still include all system upgrade (lighting, HVAC, plumbing, electrical) and finishes (wall, floor, ceiling as indicated) and ADA upgrades to restrooms and drinking fountains (BH to send link to download), parking lot curb cut ramps, signage and striping, door hardware and new signage. r ' 1 1LIBRA Group 4 Architenure,Research+Planning,Inc rrrCost Model 9. t , Project Data Land Costs Net SF(75%gst) 25,440 NSF N!C Gross SF 33,920 GSF Fawpnn 33,920 sr Hard and Soft Costs SFArea Unit Cost Project Cost Construction 2 Stow Construction Costa New Conetry 'co - Building Renovation 33,920 GSF $190/GSF $6,443,443 Renmv n 33,920 GSF Sitework 98,974 GSF $12/GSF $1165177 %New (N Subtotal-Construction Hard Cost $7,608,621 %Renovation 100% Furniture,Technology,and Public Art Costs Parking 157 Spaces Signage 33,920 GSF $3/GSF $101,760 FF&E 33,920 GSF $251 GSF $848.000 Ex"M spews 127space. Technology 33,920 GSF $10/GSF $339,200 New spews 3oswws Automated Materials Handling 33,920 GSF $01 GSF $0 Public Art not required Site Area 98,974 at Subtotal-Fumiture, Technology, and Public Art Cost $1,288,960 Lanye,w,e% 37% Parking% 0% Hard Cost Contingency 10% $889,758 Total Hard Cost Budget $9,787,339 Professional Fees Engineering and Design Fees 15% $1,468,101 Construction Management 35% $342 557 Subtotal-Pmtesslonal Fees $1,810,668 Other Owner Costs Project Management(admin/city staff) 1.5% $146,810 Permit Fees,Inspections, Material Testing,etc. 1% $97,873 LEED commissioning 0% $0 Library Materials Costs NIC CEQA-MND NIC Utility Connection Fees NIC Hazmat Mitigation inc.above Temporary Facilities NIC Opening Day Celebration/Public Relations NIC Moving Costs 33,920 GSF $31 GSF $101 760 Subtotal-Other Owner Costs $346,443 Soft Cost Contingency 10% $215,710 Total Soft Cost Budget $2,372,811 Project Budget(Includes escalation to 0312015) $12,180,158 GA13422-01 Pakn Spnngs LlhrerylpEetlmet s;T$L VE core MoceIc_2014_02_13 W 3/2014 111 ' r ' Group Ard iteoun,Research+Planning,Inc rrCost Model Data r Project Data Land Casts Net SF(75%g50 25,440 NSF NIC Gross SF 33,920 GSF Foofpmnf 33,920 SF Hard and Soft Costs SF Area unit Cost Project Cost Construction 2 Story Construction Costs Naw cbnsrrusban Building Renovation 33,920 GSF $179/GSF $6,084,730 neonfinn 33,920 GSF Sitework 98,974 GSF $7/GSF $693196 %New 0% Subtotal-Construction Hard Cost $6,777,926 %pem,n 100% Fumaum,Technology,and Pubic Art Costs Parking 127 Spaces Signage 33,920 GSF $2.4/GSF $81,408 FF&E 33,920 GSF $20/GSF $678,400 Er/sfup Saeees 127 aParxa Technology 33,920 GSF $8/GSF $271,360 N.Spams, - Automated Materials Handling 33,920 GSF $0/GSF $0 Public Art not required Site area 113,475 sf Subtotal-Furniture, Technology, and Public Art Cost $1,031,168 Leasnpe% 55% P@MV% 45% _ Hard Cost Contingency 10% $780,909 Total Hard Cost Budget $8,690,004 Professional Fees Engineering and Design Fees 15% $1.288,501 Construction Management 3.5% $300650 Subtotal-Professional Fees $1,589,151 Other Owner Costs Project Management(adminicity staff) 1.5% $128,850 Permit Fees,Inspections, Material Testing,etc. 1% $85,900 LEED commissioning 0% $0 Library Materials Costs NIC CEQA-MND NIC Utility Connection Fees NIC Hazmat Mitigation inc. above Temporary Facilities NIC Opening Day Celebration/Public Relations NIC Moving Costs 33,920 GSF $3/GSF $101 760 Subtotal-Other Owner Costs $316,510 Soft Cost Contingency 10% $190.566 Total Soft Cost Budget $2,096,227 Project Budget(includes escalation to 0312015) $10,686,231 Ga1M4 41 Palm Spnngs Libory,OEstmetesNSL VE Cost MOaels_2014_02_13 2f13f2014 Group 4 firrhi nnure,Research+Planning,Inc Cost Moiaei Data— Project Data Land Costs Net SF(75%gsf) 25.440 NSF NIC Gross SF 33,920 GSF F°atpnnf 33,920 SF Hard and Soft Costs SF Area Unit Cost Project Cost Construction 2 Story Construction Costs New ccnshucaon Building Renovation 33,920 GSF $152/GSF $5,156,398 Ren°wrron 33,920 GSF Sitevrork 98,974 GSF $7/GSF $693,196 %new 0% Subtotal-Construction Hard Cost $5,849,594 %Rammari°n 100% Furniture,Technology,and Public Art Costs Parking 220 Spaces Signage 33.920 GSF $2.2/GSF $74,624 FF&E 33,920 GSF $18!GSF $610,560 E mg spaces 127space. Technology 33.920 GSF $6/GSF $203,520 New Spawn 93spa°as Automated Materials Handling 33,920 GSF $0/GSF $0 Public Art not required Site Area 113,475 of Subtotal-Fumiture, Technology,and Public Art Cost $888,704 Lan P&% 22% Parking% 78% Hard Cost Contingency 10% $673,830 Total Hard Cost Budget $7,412,128 Professional Fees Engineering and Design Fees 15% $1,111,819 Construction Management 3.5% $259,424 Subtotal-Professional Fees $1,371,244 Other Owner Costs Project Management(admin/city staff) 1.5% $111,182 Permit Fees,Inspections,Material Testing,etc. 1% $74,121 LEED commissioning 0% $0 Library Materials Costs NIC CECA-MND NIC Utility Connection Fees NIC Hazmat Mitigation inc.above Temporary Facilities NIC Opening Day Celebration/Public Relations NIC Moving Costs 33,920 GSF $3!GSF $101,760 Subtotal-Other Owner Costs $287,063 Soft Cost Contingency 10°h $165,831 Total Soft Cost Budget $1,824,138 Project Budget(includes escalation to 032015) $9,236,285 Gi1342241 Palm Spnngs❑brary%0 B,AmateskPSL VE Cast Meal_02_13 Vl MO14