CITY OF PILOT POINT 2018 BOND ELECTION THE

CITY OF PILOT POINT 2018 BOND ELECTION

THE CPAC CHARGE • TO HEAR ABOUT THE VARIOUS CAPITAL PROJECTS FOR THE CITY • TO HEAR ABOUT THE VARIOUS FINANCING OPTIONS. • TO CONSIDER AND DISCUSS ALTERNATIVES FROM NOTHING TO EVERYTHING AND EVERYTHING IN BETWEEN • TO DISCUSS THE PROJECTS WITH OTHER PEOPLE IN THE COMMUNITY • PREPARE A RECOMMENDATION FOR CITY COUNCIL FOR A POTENTIAL BOND ELECTION

THE CPAC CHARGE • BEGAN MEETING IN OCTOBER • ONE OR TWO MEETINGS EACH MONTH • DISCUSSED EACH ISSUE SEPARATELY • ROAD TRIP • EVALUATION PROCESS WITH CRITERIA • SCORE AND RANK PROJECTS • RECOMMENDATION TO COUNCIL JANUARY 2018

POTENTIAL PROJECTS • PUBLIC SAFETY FACILITY • RETROFIT FIRE STATION FOR PUBLIC WORKS • RETROFIT POLICE STATION FOR DEVELOPMENT SERVICES • CONSIDER ALTERNATIVES FOR A RECREATION CENTER • STREET REHABILITATION - $8. 0 M WITHOUT UTILITIES • SIDEWALKS - $500, 000 • DRAINAGE MASTER PLAN $500, 000 • DOWNTOWN REDEVELOPMENT - $2. 8 M • PARKS – PARK LAND ACQUISITION - $1. 0 M

COUNCIL ACTION • RECEIVED THE REPORT FROM CPAC JANUARY 2018 • DISCUSSED HOLDING MAY ELECTION • DECIDED NOT TO, WAIT FOR NOVEMBER • MORE COMMUNITY INVOLVEMENT AND EDUCATION • APRIL 30 TOWN HALL MEETING • EDUCATION AND MULTI-VOTING

COUNCIL OMITTED • RECREATION CENTER • PARK AND RECREATION PROJECTS • DOWNTOWN REHABILITATION • ONLY $4. 0 M FOR STREETS VS $8. 0 M

BOND PACKAGE INCLUDE (EACH VOTED ON SEPARATELY) • PUBLIC BUILDINGS - $4. 5 M • STREETS - $4. 0 M • DRAINAGE - $500, 000 • SIDEWALKS - $500, 000

PUBLIC SAFETY FACILITY COST ESTIMATE (PLAN B) • FIRST ESTIMATED COST - $14 MILLION • DECREASED FROM 37, 000 SQ FT TO 26, 000 SQ FT – 30% REDUCTION • 26, 000 SQ FT X $300/FT = $7. 8 M • 9% FOR DESIGN/ENGINEERING = $700 K • FURNITURE/FIXTURES/EQUIPMENT = • TOTAL $300 K $8. 8 M Still too costly. This alone is an average 15 cent tax rate increase.

PLAN C • NEW FIRE STATION – STAND ALONE - $3. 0 MILLION • BUILD AT THE WASHINGTON ST AND US 377 LOCATION • DESIGN/BUILD PROCESS • SMALLER FOOTPRINT • NEW POLICE STATION - $1. 0 MILLION • NICE TWO-STORY DESIGN • ARCHITECTURAL DESIGN TO FIT THE HISTORIC DISTRICT • FUTURE CITY HALL EXPANSION

RETROFIT COSTS • RETROFIT FIRE DEPARTMENT FOR PUBLIC WORKS = $350 K • RETROFIT POLICE STATION FOR DEVELOPMENT = • TOTAL PUBLIC BUILDINGS = $4. 0 M + $500 K= $150 K $4. 5 M

SO, FOR $4. 5 MILLION FOR A NEW FIRE STATION, POLICE STATION AND UPGRADES FOR PUBLIC WORKS AND DEVELOPMENT SERVICES: • FOR $100, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $74. 52 PER YEAR OF NEW TAXES, OR $6. 21 PER MONTH. • FOR $150, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $111. 78 PER YEAR OF NEW TAXES, OR $9. 32 PER MONTH. • FOR A $200, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $149. 04 PER YEAR OF NEW TAXES, OR $12. 42 PER MONTH.

STREET/SIDEWALKS REHABILITATION • 34 STREETS IDENTIFIED • CAN BE REHABILITATED FROM MINOR REPAIR TO FULL CONCRETE • ENGINEER’S RECOMMENDATION - $8. 0 M • COUNCIL HAS INCLUDED $4. 0 M OF FUNDING • STREET PROJECTS TO BE DETERMINED BEFORE THE ELECTION • SIDEWALK PLAN FROM THE PARKS MASTER PLAN - $500 K

SO, FOR $4. 0 MILLION FOR STREET IMPROVEMENTS: • FOR $100, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $66. 24 PER YEAR OF NEW TAXES, OR $5. 52 PER MONTH. • FOR $150, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $99. 36 PER YEAR OF NEW TAXES, OR $8. 28 PER MONTH. • FOR A $200, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $132. 48 PER YEAR OF NEW TAXES, OR $11. 04 PER MONTH.

SO, FOR $500, 000 FOR SIDEWALKS: • FOR $100, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $8. 28 PER YEAR OF NEW TAXES, OR 69 CENTS PER MONTH. • FOR $150, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $12. 42 PER YEAR OF NEW TAXES, OR $1. 04 PER MONTH. • FOR A $200, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $16. 56 PER YEAR OF NEW TAXES, OR $1. 38 PER MONTH.

DRAINAGE MASTER PLAN • CITY DOES NOT HAVE A DRAINAGE MASTER PLAN • TO PREPARE THE PLAN INCLUDING THE ETJ IS ESTIMATED AT $500, 000 • INCLUDES CITY AND ETJ SO DEVELOPERS WILL KNOW WHAT THEY WILL HAVE TO PUT IN AT THEIR COST

SO, FOR $500, 000 FOR A DRAINAGE MASTER PLAN: • FOR $100, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $8. 28 PER YEAR OF NEW TAXES, OR 69 CENTS PER MONTH. • FOR $150, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $12. 42 PER YEAR OF NEW TAXES, OR $1. 04 PER MONTH. • FOR A $200, 000 HOUSE WITH THE 10% EXEMPTION THAT EQUALS $16. 56 PER YEAR OF NEW TAXES, OR $1. 38 PER MONTH.

TOWN HALL MEETING • APRIL 30, 2018 HELD AT PP INTERMEDIATE SCHOOL • ABOUT 150 -200 ATTENDEES • MULTI-VOTING • TOP 4 INCLUDED PUBLIC BUILDINGS, DRAINAGE MASTER PLAN, STREETS, DOWNTOWN PLAN

TOTAL COST Avg. annual new taxes, assumes no new growth or change in tax rate.

HOWEVER, IF NEW GROWTH IS TAKEN INTO ACCOUNT

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