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03/30/2021 - PacketRole of the Finance Committee The finance committee provides oversight of city budgeting, financial planning, and financial reporting. The committee recommends long-range financial goals along with funding strategies for the operating and capital budgets. Human resource issues requiring policy direction are brought before the committee. The committee serves as the advisory forum for transportation and street maintenance funding, and funding relating to the transportation benefit district. Port Orchard Council Finance Committee March 30, 2021 4:00 pm Join Zoom Meeting https://us02web.zoom.us/j/83696878646 Meeting ID 836 9687 8646 +12532158782,,81793624347# US (Tacoma) 1) Bay Street Pedestrian Pathway Finance Director, Noah Crocker Other Items to come before the Committee. Schedule Next Meeting Date Finance Committee Bay Street Pedestrian Path 03.30.2021 Note: This is intended to illustrate the project estimates and potential funding sources. Bay Street Pedestrian Pathway~ Historical to current (1994-2021) $4.064 Mil: Project is completing the ROW Phase to acquire and then complete the construction of the Bay Street Pedestrian Pathway Total Funding 4,063,722$ Federal Grants 1,687,035 State Grants 1,483,500$ Local Funding 893,187$ Fiscal Year WSDOT/FHWA STPE EN94-(010) WSDOT/FHWA 5253 WSDOT/FHWA 6165 WSDOT/ CNWA 6165 DOE G0600257 DOC 302/304 RCO- Rockwell Prop Pchs City Projects Fund REET RecRes Current Expense Fund City Street Fund Storm Drainage Totals 1994-1996 78,800 78,800 2002 462 72 534 2003 18,978 2,962 21,940 2004 21,425 14,978 36,403 2005 15,232 2,825 18,057 2006 26,943 19,950 5,256 52,149 2007 10,953 - (10,819) - - 134 2008 - 81 - 81 2009 44,053 76,511 6,637 - 127,202 2010 119,121 140,453 18,591 - 278,165 2011 11,400 77,955 2,462 - 91,818 2012 - 25,497 - 0 38,023 83 63,603 2013 1,781 467,003 (108) 113,857 - 10,000 592,534 2014 1,790 21,341 20,315 - 43,445 2015 27,350 304,579 - - 142,266 474,195 2016 521,816 15,432 6,920 - 7,131 86,134 637,432 2017 379,274 4,041 98,830 1,434 96,448 71,600 7,500 659,127 2018 8,255 513,698 47,921 569,874 2019 61,895 6,210 175,593 243,698 2020 40,112 31,651 71,763 2021 2,396 374 2,770 Totals 78,800 268,567 1,339,668 539,380 19,950 818,420 105,750 320,144 217,437 338,023 83 7,500 10,000 4,063,722 City FundsState GrantsFederal Grants Bay Street Pedestrian Pathway-Timeline ~Historical to current (1990-2021) $4.064 Mil Bay Street Pedestrian Pathway Future~ $7.825 million: Project is completing the ROW Phase to acquire and then complete the construction of the Bay Street Pedestrian Pathway (Segment 1,6-11). Category Start Completion Cost Total ROW-Consulting Services 09.01.2021 $825,000 $2.825 millionROW-Purchase 09.01.2021 Est. $2,000,000 Construction 01.01.2022 12.31.2023 Est. $5,000,000 $5.0 million Total $7,825,000 Funding Sources Amount Cash/Debt Budgeted Funding Available Federal Grant (ROW)$913,000 Cash 2021-2022 Yes Real Estate Excise Tax 1 (ROW)$143,000 Cash 2021-2022 Yes Real Estate Excise Tax 1& 2 (ROW)$1,796,000 Cash No Yes Federal Grant (Construction)$2,900,000 Cash No Yes Real Estate Excise Tax 1&2 (Construction) $2,100,000 Cash No Relies on future REET Funding $3.896 Million Category Real Estate Excise Tax 1 Real Estate Excise Tax 2 Beginning Bal as of 01.01.2021 $1,625,464 $1,641,128 Actual Revenues YTD 02.28.2021 $148,286 $148,297 Remaining Biennial Budgeted Revenues To Be Received $551,714 $1,229,034 2021-2022 Budgeted Biennial Expenses ($393,000)($1,198,200) 2021-2022 Est. Ending Balance $1,932,464 $1,820,259 2021-2022 Obligations Expenses •City Hall Design @ $250k •Tremont Audit Reserve •TIP 1.2 Bay Street @ $625k •TIP 1.2 ROW @ $1.171 Mil ($250,00) ($250,00) ($625,000) ($585,500) $- $- $- ($585,500) New Est. Ending Balance (After 2021-2022 Obligations) $221,964 $1,234,759 2023-2024 Obligations Expenses •Tremont Debt Service $-($598,200) New Est. Ending Balance (After 2023-204 Obligations)$221,964 $636,559 $3.752 Million $1.456 Million $858,523 Capital Projects Est. Project Cost Funding Gap/Shortfall City Hall Improvements $8.5 Million $8 million Bethel &Lincoln Round About TIP 2.04 $2.8 Million $800,000 Bay Street TIP 1.2 Ped Path $7.825 $3.896 million Well #11 $8 Million $5.5 million Well #13-Part B $5 Million $5 million Marina Pump Station $13 Million $11.7 million Other Eligible Capital Projects •Transportation Improvement Plan (TIP) •Water Capital Improvement Plan (CIP) •Sewer Capital Improvement Plan (CIP) •Storm Capital Improvement Plan (CIP) •Facility Capital Improvement Plan (CIP •Parks Capital Improvement Plan (CIP) **** Funding Solutions: •American Rescue Plan (ARP): ~$3.2 Million •City (LTGO, Water, Sewer) Borrowings •Transportation Impact Fees •Water/Sewer Connection Fees •Water/Sewer Rate Revenue •General Fund Balance-Over budgeted balances ~$3 Million Questions City Council approval of Bay Street Pedestrian Pathway Project design phase contract with NL Olson & Assoc. WSDOT/H&LP reestablishes the prospectus for the Bay Street Pedestrian Pathway Project @ 2- lanes for bikes & pedestrians = 14-ft Completion Report, beach cleanup mitigation - GeoEngineers 1990 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 Origin of the Bay Street Pathway Project, being bike & pedestrian safety, Improvements needed at the current Seawall location January 1990 City Council approves right- of-way vacations (25-ft) along Bay Street East January 1992 WSDOT/H&LP establishes the prospectus for the Bay Street Pedestrian Pathway Project (width undefined) January 2002 WSDOT/H&LP reestablishes the prospectus for the Bay Street Pedestrian Pathway Project @ 2-lanes; curb/gutter, sidewalk & bike lane = 13-ft March 2006 Advertisement, design phase for the Bay Street Pedestrian Pathway Project August 2009 Bay Street Pedestrian Pathway Project added to the City’s 2000-2005 Transportation Improvement Program July 1998 Kitsap County publishes the Mosquito Fleet Trail Master Plan and establishes the Bay Street Pedestrian Pathway Project as PO-8 August 2001 GeoEngineers develops a Scope & Budget for the Bay Street Pedestrian Pathway Project Water Quality Grant (beach cleanup mitigation) August 2005 Federal Grant Awarded #6165: City Council accepts $300K of the total for Bay Street Pedestrian Pathway Project design phase March 2006 November 2006 2009 2010 2011 2012 November 2009 GeoEngineers initiates Section 106 Consultation with State Agencies for the Bay Street Pedestrian Pathway Project February 2010 City Council Work Study Presentation – Bay Street Pedestrian Pathway Project by NL Olson & Assoc. (30% design & alternatives) May 2010 Bay Street Pedestrian Pathway Project - Substantial Shoreline Development Permit Notice of Application/SEPA MDNS issued (comments received; Fulkerson, Sweeney, Schiele, Quisenberry, Opstrup/Curtoni & Stenmen) October 2011 Bay Street Pedestrian Pathway Project - Notice of Public Hearing Substantial Shoreline Development Permit, Conditional Use Permit & Variance January 2012 February 2010 City Council approval of the construction contract for Bay Street Seawall Safety Upgrade Project April 2010 Kitsap Transit Letter of Support July 2010 Bay Street Pedestrian Pathway Project - Substantial Shoreline Development Permit Application submittal with 236 property notifications issued September 2011 Bay Street Pedestrian Pathway Project - SEPA MDNS issued (no comments received) December 2011 20132013 Bay Street Pedestrian Pathway Project - Public Hearing February 2012 Bay Street Pedestrian Pathway Project - Hearing Examiner Decision/Recommendations February 2012 City Council approval of ILA with the Port of Bremerton – Bay Street Pedestrian Pathway Project Segment #2 Construction in association with the Port’s Waterfront Park Expansion Project July 2012 January 2013 City Council approval of Bay Street Pedestrian Pathway Project Segment #5 construction contract with MVG February 2013 Bay Street Pedestrian Pathway Project - Substantial Shoreline Development Permit filing with Ecology February 2012 Bay Street Pedestrian Pathway Project - Ecology approval of SSDP, CUP & Variance March 2012 State Grant Award: City Council accepts $500K from DOC for Bay Street Pedestrian Pathway Project Segments #2 & #5 Construction September 2012 City Council approval of Bay Street Pedestrian Pathway Project Segment #5 design support & construction administration contract with NL Olson & Assoc. January 2013 2013 2014 Advertisement, right- of-way phase for the Bay Street Pedestrian Pathway Project August 2013 City Council approval of Bay Street Pedestrian Pathway Project right-of-way phase contract with UFS (put on hold) November 2013 State Grant Award: City Council accepts $336K from DOC for Bay Street Pedestrian Pathway Project Segments #4 Construction April 2014 Summary of Bay Street Pedestrian Pathway Project “Precursor” findings by UFS – Phase 2 July 2014 City Council Discussion #1 of Bay Street Pedestrian Pathway Project alternatives – Phase 2 August 2014 City Council approval of Bay Street Pedestrian Pathway Project right-of- way phase “Precursor” services with UFS February 2014 City Council approval of Bay Street Pedestrian Pathway Project Segment #4 design contract with NL Olson & Assoc. March 2014 Summary of Bay Street Pedestrian Pathway Project agency approvals (Federal, State & Local) – GeoEngineers May 2014 Summary of Bay Street Pedestrian Pathway Project overwater impacts/mitigation – GeoEngineers July 2014 Notification – City Council discussion of Bay Street Pedestrian Pathway Project alternatives – Phase 2 August 2014 2015 2016 2017 City Council directs the Public Works Department to move ahead with a non-deviated Pathway – Phase 2 October 2014 City Council approval of Bay Street Pedestrian Pathway Project Segment #4 construction contract with Zemek July 2015 WSDOT/FHWA approval of ECS/NEPA for the Bay Street Pedestrian Pathway Project – Phase 2 November 2015 City Council approval of Bay Street Pedestrian Pathway Project Segment #3 design contract with NL Olson & Assoc. and WSDOT approves Sole Source Services August 2016 Advertisement, Bay Street Pedestrian Pathway Project Segment #3 construction Engineering Support March 2017 City Council Discussion #2 of Bay Street Pedestrian Pathway Project alternatives – Phase 2 (Williams, Jones, Vaught, Cottrell, Harmon, Passow, Whittleton provided comment) October 2014 Advertisement, Bay Street Pedestrian Pathway Segment #4 construction June 2015 Request to WSDOT, modification of ECS/NEPA for the Bay Street Pedestrian Pathway Project – Phase 2 July 2015 State Grant Awarded #6165 of $3.5 million: City receives $544K of total CNWA for Bay Street Pedestrian Pathway Project Segment #3 construction May 2016 Advertisement, Bay Street Pedestrian Pathway Project Segment #3 construction CACM January 2017 2021 Today 2018 2019 2020 2021 City Council approval of Bay Street Pedestrian Pathway Project Segment #3 CACM with Exeltech April 2017 WSDOT approval RW Cert#1 – Bay Street Pedestrian Pathway Project Segment #3 January 2018 Advertisement, continuation of right- of-way phase for the Bay Street Pedestrian Pathway Project May 2018 City reaches out to WSDOT/H&LP’s to confirm alternatives to a Jersey Barrier February 2019 WSDOT confirms 14-ft minimum width for multi- modal pathway August 2019 Anticipated advertisement for the Bay Street Pedestrian Pathway Project construction completion (Segment#1, Segments #6-11) January 2021 Advertisement, Bay Street Pedestrian Pathway Project Segment #3 construction March 2018 City Council approval of Bay Street Pedestrian Pathway Project Segment #3 construction with Neptune Marine April 2018 City Council approval of the Bay Street Pedestrian Pathway Project right-of-way phase continuation contract with Tierra November 2018 State Grant Awarded #66165 remaining $3.0 million: CNWA for the Bay Street Pedestrian Pathway Project construction completion (Segment#1, Segments #6-11) January 2019 Federal Grant Award: City Council accepts $331K for Bay Street Pedestrian Pathway Project for Seawall February 2002 Selection Process for Bay Street Seawall Safety Upgrade Project Design Contract March 2009 City Council approval of the Bay Street Seawall Safety Upgrade Project design contract with NL Olsen & Assoc. April 2009 Final Bay Street Seawall Safety Upgrade Project Environmental Classification Summary Approval July 2009 Advertisement, Bay Street Seawall Safety Upgrade Project Construction Contract with Henderson Partners March 2010 Road Closure Notice – Bay Street Seawall Safety Upgrade Project May 2010 Advertisement, Bay Street Pedestrian Pathway Segment #5 construction Federal Grant Award: City Council accepts $609,660 for Bay Street Pedestrian Pathway Project Right-of-Way Phase June 2013 State RCO Grant Awarded #14- 1438A $105K: RCO for the Bay Street Pedestrian Pathway Project Acquisition of Right-of- Way and Trail October 2015 Federal Grant Award: City Council accepts $2,250,340 for Bay Street Pedestrian Pathway Project Right-of-Way Phase January 2016 Federal Grand Award: Previous Awarded $331k Expended for Bay Street Pedestrian Pathway Project for Seawall July 2009