Agenda City Council Work Session September 03, 2019 5:30 PM...Comp letion* 37th St - 42nd St 0.50 $2,510,400 9 23rd Avenue 42nd St - 49th St 0.38 $3,012,800 10 Two Rivers Parkway 37th

Agenda City Council Work Session

September 03, 2019

5:30 PM

City Council Chambers – 1100 37th Street

CITY OF EVANS – MISSION STATEMENT

“To deliver sustainable, citizen-driven services for the health, safety, and welfare of the community.”

1. Potential Road Tax Improvements Planning (60 minutes) James L. Becklenberg, City Manager Randy L. Ready, Assistant City Manager Kalen Myers, Management Analyst

2. Legislative Update (20 minutes) James L. Becklenberg, City Manager Scott Krob, City Attorney

3. Council Discussion

CITY COUNCIL WORK SESSION REPORT

DATE: September 3, 2019

AGENDA ITEM: Work Session Item #1

SUBJECT: Potential Road Tax Improvements Planning

NAME & TITLE: James L. Becklenberg, City Manager Randy L. Ready, Assistant City Manager Kalen Myers, Management Analyst

ISSUE DESCRIPTION: At its August 20, 2019 work session, the City Council continued its discussion of a planned ballot measure for a sales tax ballot measure on the April, 2020, election ballot. At the conclusion of the work session, the Council reached apparent consensus on the following concepts:

The sales tax measure should will be used to fund street maintenance and arterial roadway capacity projects.

The priority order for arterials to be widened with the new tax shall be: o 47th Avenue (37th north to city limit) o 37th Street (35th Ave. west to 47th Ave.) o 37th Street (47th Ave. west to 65th Ave.) o 65th Avenue (37th St. south to 49th St) o 37th Street (65th Ave. west to Two Rivers Pkwy.) o 35th Avenue (Prairie View Dr. to 49th St.)

Unresolved questions from the work session include:

Sales tax rate. Whether to include a sunset provision on the tax measure. Whether to place a second measure on the April 2020 ballot to authorize the

issuance of debt to further expedite construction. The purpose of the work session is to continue discussion of the desired component of the ballot measure. Once the Council provides direction on the ballot measure components, staff will develop informational materials for public engagement and begin planning community meetings and other engagement strategies. Background In the November 2018 general election, voters declined to pass Evans’ temporary 1% sales tax measure to fund road maintenance. The final vote tally was 55% opposed to 45% in favor. Despite the election outcome, securing dedicated funding for street maintenance remains a top City priority. At the July 2, 2019 Work Session, City Council provided direction to advance another ballot question for the April 2020 election. The purpose of this work session is for the City Council to discuss and provide direction regarding the next ballot measure.

Sales Tax Measure 2020 and Available Funding for Roads While the 2018 sales tax measure’s focus was solely on street maintenance, public feedback following the election as well as increasing development pressure from the public to advance road widening projects has prompted City Council’s discussion and direction that the next ballot measure would be structured as a one percent additional sales and use tax that would be used for both street maintenance and arterial roadway capacity (widening) projects, with the revenue allocated approximately evenly over time between these purposes. Preliminary sales and use tax revenue estimates for 2020 are $11.0 million. A 1.0% tax increase, raising Evans’ sales and use tax rate from 3.5% to 4.5%, would generate approximately $3 million per year. The table below summarizes the proposed funding plan, assuming split the $3 million anticipated sales tax revenue between street maintenance and road expansion projects.

Table 1: Funding available for maintenance and capacity purposes

Street Maintenance Road Expansion

Capital Projects Streets Fund $600,000 -

*Estimated Impact Fee Revenue - $1,000,000

*Capital Projects Food Tax Fund (1/2) - $425,000

*Unanticipated General Fund Revenue - $1,000,000

Current Funding Total $600,000 $2,425,000

New 1% Sales Tax Funding $1,500,000 $1,500,000

New Annual Funding Total $2,100,000 $3,925,000

*Note: The City’s road expansion program receives dedicated funding from transportation impact

fee revenue which is conservatively estimated at $1M per year based on projections for

development based on projects in the planning pipeline. In addition, the City’s CIP food tax

revenue can fund road expansion and recreation projects; half of this revenue is proposed to be

used road capacity projects. Finally, as unanticipated revenue may be available at the close of

each year, Council may approve a transfer from the general fund to help fund capital street

projects. This is estimated at $1,000,000 per year but may be more or less depending on annual

revenues.

New Tax Revenue Work Plan – Arterial Widening Priorities and Scenarios Should the City Council decide to earmark half of the revenue from a one percent tax to arterial capacity projects, staff believes it is important to specify which roads would be prioritized for widening and when the projects could happen, based on projected funding. For purposes of modeling options, staff has assumed that all projects would construct roads to the current arterial standard, which includes 4 lanes of traffic, medians where necessary, associated concrete work (curbs, gutters, and sidewalk) and traffic signals where necessary. Current engineering estimates for arterial widening include a cost of $8 million per mile. Actual construction costs will be more or less depending, depending specific roadway conditions and project specifications. To start the discussion of priorities, staff has assumed two “tiers” of arterial project needs, based on current and projected traffic volumes and development patterns. The tables below show the two tiers of projects and the preliminary estimates of construction costs.

Table 2 – Top Priority Arterials

# Street Name Extent Length - Miles Year 1 Cost ($8M/Mile) 1 47th Avenue 37th St - City Limits 0.50 $3,981,600

2 37th Street 35th Ave - Stampede 0.52 $4,156,800

3 37th Street Stampede - 47th Ave 0.60 $4,828,000

4 37th Street 47th Ave - 65th Ave 1.50 $11,968,800

5 65th Avenue 37th St - 49th St 1.00 $8,009,600

6 37th Street 65th Ave - Two Rivers 0.99 $7,956,000

7 35th Avenue Prairie View - 49th St 0.70 $5,627,200

Total: 6.32 $49,038,400

Table 3 – Tier 2 Priority Arterials

# Street Name Extent Length - Miles Year 1 Cost ($8M/Mile) 8 23rd Avenue

Completion* 37th St - 42nd St 0.50 $2,510,400

9 23rd Avenue 42nd St - 49th St 0.38 $3,012,800

10 Two Rivers Parkway 37th St - 49th St 1.00 $8,012,800



13 49th Street 65th Ave - Two Rivers 1.00 $7,973,600

14 Prairie View Drive 35th Ave - 47th Ave 1.16 $9,319,200

Total: 6.66 $51,792,000

*23rd Avenue completion is shown as a second-tier project for purposes of the potential because funding

agreement with Weld County is anticipated for the completion of the arterial section and median.

To illustrate the impact an additional $1.5M would have on the City’s road expansion program, staff projected the timeline for completing the Tier One under three scenarios, as described below.

Baseline: This model has no change in current funding and represents the City’s capital road expansion timeline without new sales tax revenue.

w/ Sales Tax: This model projects the timeline for road expansion if a new sales tax measure were to pass, adding an $1.5M annually to the budget.

Sales Tax w/ Debt: Finally, this model includes an additional $1.5M in sales tax annually for the road expansion budget in years 1-3, but then shifts that money towards debt repayment in year 4 (2023) with $25M in debt revenue available to fund projects sooner. In this scenario, a traditional sunset provision would not be possible on the sales tax measure as the debt issuance would be for ≈ 20 years. This would also require a separate TABOR-required ballot question asking voters to authorize the City to issue debt.

The three scenarios described above include the following assumptions:

Year 1 beginning fund balance of $3,500,000, which is the total amount allocated

to future widening of 37th Street as part of the 2018 and 2019 year-end budget

reconciliation process.

Unanticipated General Fund revenue of $1,000,000 annually to be transferred in

the future for the purpose of widening arterials.

Half of the food tax fund estimated to be $425,000, inflated annually at 2%

Transportation impact fee revenues inflated annually at 3%

Impact fee revenue based on 75% of current growth estimates (320 SFU years 1-

5, 200 SFU year 6+)

Periodic Metropolitan Planning Organization (MPO) Grants of $1,500,000 where

applicable to arterial projects

Road Construction costs inflated at 6% annually (CDOT studies estimate 6-8

percent)

Cost of widening to 4-lane arterial standard at $8M per mile.

Table 4 below details the year in which funding is available for projects under each model. A more detailed analysis can be found on Exhibit A – Road Expansion Modeling.

Table 4

# Project Baseline w/ Sales Tax Sales Tax w/ Debt 1 47th Avenue (37th St - City Limits) Year 1 (2020) Year 1 (2020) Year 1 (2020)

2 37th Street (35th Ave – Stampede) Year 2 (2021) Year 2 (2021) Year 2 (2021)

3 37th Street (Stampede - 47th Ave) Year 4 (2023) Year 3 (2022) Year 3 (2022)

4 37th Street (47th Ave - 65th Ave) Year 13 (2032) Year 7 (2026) Year 4 (2023)

5 65th Avenue (37th St - 49th St) Year 23 (2042) Year 10 (2029) Year 5 (2024)

6 37th Street (65th Ave - Two Rivers) Insufficient Funds Year 14 (2033) Year 6 (2025)

7 35th Avenue (Prairie View - 49th St) Year 34 (2053) Year 18 (2037) Year 11 (2030)

Notice in all models the City is able to fund projects 1-3 in the next 3-4 years. The impact of the sales tax measure becomes evident when looking at project 4 (37th Street widening from 47th Avenue to 65th Avenue). In the Baseline model, project 4 would not have funding until year 13 as opposed to year 7 in the Sales Tax model (6 years sooner). The Sales Tax w/ Debt model would shorten this timeline further by issuing debt in year 4, funding projects 1-6 in six years. At a certain point the inflated construction costs outpace the Baseline revenues as evidenced by the fact that project 6 cannot be funded under this model, no matter how far the timeline stretches. Under the Sales Tax model, all 7 projects can be funded in 18 years as compared to 11 years under the Sales Tax w/ Debt model. If a 7-year sunset provision is included with the ballot measure, making the Sales Tax w/ Debt scenario infeasible, the Sales Tax model projects the City could fund the first 4 projects within that timeframe, widening 37th Street from 35th Avenue to 65th Avenue and completing the 47th Avenue widening north of 37th Street. New Tax Revenue Work Plan – Road Maintenance In 2017, the City Council set improving street maintenance as its highest infrastructure priority. The Council set a goal of increasing the average pavement condition to a “good” condition as measured by a Pavement Condition Index of 70 in the City’s PAVER engineering software system. PAVER enables staff to model various pavement condition outcomes at various levels of financial investment. PAVER indicates that is impossible to achieve the PCI of 70 or even to maintain current pavement conditions at the current annual street resurfacing budget of $600,000. For this reason, staff proposes dedicating half of the new sales tax revenue to street maintenance. In late August, 2019, the Pavement Condition Index, factors for all street segments in Evans will be updated. With this data, staff will be able to model the result of investing an addition $1.5 million per year in street maintenance. In September, staff will update the PAVER system with the new street segment-level PCI data, and report to Council on the pavement condition improvements that would be possible with the new tax revenue. Preliminarily, based on current pavement condition analysis data, Attachment B shows the resurfacing work that could be accomplished with the existing, recurring $600,000 budget. Attachment C shows the amount of work that could be accomplished with more than three times the current standard budget ($2.1 million per year). The Council will notice that with the new tax revenue, staff anticipates that the vast majority of streets

would be either resurfaced or widened.

Next Steps 1. September 2019: Finalize arterial and maintenance plan to be implemented with a new

tax and prepare community engagement plan.

2. October 2019: Begin community engagement outreach and meetings on infrastructure

plan.

3. November 2020: Council actions to place sales tax measure on the ballot.

4. April 7, 2020: Election Day

FINANCIAL SUMMARY: None at this time.

REQUESTING FROM CITY COUNCIL: Continued discussion of road capacity and maintenance challenges. Specific direction is requested on the following questions:

What shall the sales tax rate be. Whether to include a sunset provision on the tax measure. Whether to place a second measure on the April 2020 ballot to authorize the

issuance of debt to further expedite arterial capacity project construction.

ATTACHMENTS: Exhibit A Road Expansion Modeling

Exhibit B Draft Work Plan Map No Tax Increase

Exhibit C Draft Work Plan with Sales Tax Increase

Capital Road Planning Baseline ‐ Assumes no change to current funding 8/16/2019Table 1

Tier 1 Capital Street Projects $8M/Mile

Rank St Name Project Type Length ‐ SqFt Length ‐ Miles Approx. Cost1 47th Ave: 47th Ave ‐ City Limits Widening 2,628 0.4977 $3,981,6002 37th St: 35th Ave ‐ Stampede Widening 2,744 0.5196 $4,156,8003 37th St: Stampede ‐ 47th Ave Widening 3,186 0.6035 $4,828,0004 37th St: 47th Ave ‐ 65th Ave Project Cost Widening 7,899 1.4961 $11,968,8005 65th Ave: 37th St ‐ 49th St Design & Widening 5,286 1.0012 $8,009,6006 37th St: 65th Ave ‐ Two Rivers Widening 5,251 0.9945 $7,956,0007 35th Ave: Prairie View ‐ 49th St Design & Widening 3,714 0.7034 $5,627,200

Tier 1 sub‐total: 30,709 5.82 $46,528,000Table 2

Transportation Impact Fee Inflationary Increases $4,609 $4,747 $4,889 $5,036 $5,187 $5,343 $5,503 $5,668 $5,838 $6,013 $6,194 $6,380 $6,571 $6,768

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 142020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033

Existing Fund Balance $3,500,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐Unanticipated General Fund Revenue $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000

Food Tax Fund (1) $425,000 $433,500 $442,170 $451,013 $460,034 $469,234 $478,619 $488,191 $497,955 $507,914 $518,073 $528,434 $539,003 $549,783Impact Fees (2) $1,106,109 $1,139,292 $1,173,471 $1,208,675 $1,244,935 $801,427 $825,470 $850,234 $875,741 $902,013 $929,074 $956,946 $985,654 $1,015,224MPO Grants (3) ‐ ‐ ‐ $1,118,565 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ $1,500,000 ‐

Annual Revenue Total: $6,031,109 $2,572,792 $2,615,641 $3,778,253 $2,704,969 $2,270,661 $2,304,089 $2,338,425 $2,373,696 $2,409,927 $2,447,146 $2,485,380 $4,024,657 $2,565,007Fund Balance $6,031,109 $4,622,301 $2,831,734 $6,609,987 $3,564,730 $5,835,392 $8,139,481 $10,477,906 $12,851,602 $15,261,530 $17,708,676 $20,194,056 $24,218,713 $2,700,142Project Cost ‐$3,981,600 ‐$4,406,208 $0 ‐$5,750,225 $0 $0 $0 $0 $0 $0 $0 $0 ‐$24,083,577 $0

Remaining Balance $2,049,509 $216,093 $2,831,734 $859,762 $3,564,730 $5,835,392 $8,139,481 $10,477,906 $12,851,602 $15,261,530 $17,708,676 $20,194,056 $135,135 $2,700,14247th Ave 37th St, 35th‐Stampede 37th St, Stampede‐47th 37th St, 47th‐65th

Table 3

Rank 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 20331 47th Ave: 47th Ave ‐ City Limits $3,981,600 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐2 37th St: 35th Ave ‐ Stampede $4,156,800 $4,406,208 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐3 37th St: Stampede ‐ 47th Ave $4,828,000 $5,117,680 $5,424,741 $5,750,225 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐4 37th St: 47th Ave ‐ 65th Ave Project Cost $11,968,800 $12,686,928 $13,448,144 $14,255,032 $15,110,334 $16,016,954 $16,977,972 $17,996,650 $19,076,449 $20,221,036 $21,434,298 $22,720,356 $24,083,577 ‐5 65th Ave: 37th St ‐ 49th St $8,009,600 $8,490,176 $8,999,587 $9,539,562 $10,111,935 $10,718,652 $11,361,771 $12,043,477 $12,766,086 $13,532,051 $14,343,974 $15,204,612 $16,116,889 $17,083,9026 37th St: 65th Ave ‐ Two Rivers $7,956,000 $8,433,360 $8,939,362 $9,475,723 $10,044,267 $10,646,923 $11,285,738 $11,962,882 $12,680,655 $13,441,495 $14,247,984 $15,102,863 $16,009,035 $16,969,5777 35th Ave: Prairie View ‐ 49th St $5,627,200 $5,964,832 $6,322,722 $6,702,085 $7,104,210 $7,530,463 $7,982,291 $8,461,228 $8,968,902 $9,507,036 $10,077,458 $10,682,106 $11,323,032 $12,002,414

Total $46,528,000 $45,099,184 $43,134,555 $45,722,628 $42,370,747 $44,912,992 $47,607,771 $50,464,237 $53,492,092 $56,701,617 $60,103,714 $63,709,937 $67,532,533 $46,055,893

Revenue Timeline ‐ Pay as you go

Project Costs with 6% Inflation Factor

$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034

Baseline Model - Fund Balance Over Time

(1) Food Tax Fund = 1/2 of $850K Anticipated with 2% annual increase(2) Impact Fees = 75% of JG High Estimate (320 SFU 1‐5, 200 SFU 6‐15, +3% inflation)(3) MPO Grant Note: : Can only go towards regionally significant corridors

Page 1 of 5

Exhibit A - Road Expansion Modeling

$6,971 $7,180 $7,396 $7,618 $7,846 $8,082 $8,324 $8,574 $8,831 $9,096 $9,369 $10,545 $10,861 $11,187 $11,522 $11,868 $12,224 $12,591

Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22 Year 23 Year 24 Year 25 Year 29 Year 30 Year 31 Year 32 Year 33 Year 34 Year 352034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2048 2049 2050 2051 2052 2053 2054‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

$1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000$560,778 $571,994 $583,434 $595,103 $607,005 $619,145 $631,528 $644,158 $657,041 $670,182 $683,586 $739,935 $754,734 $769,829 $785,225 $800,930 $816,948 $833,287$1,045,680 $1,077,051 $1,109,362 $1,142,643 $1,176,923 $1,212,230 $1,248,597 $1,286,055 $1,324,637 $1,364,376 $1,405,307 $1,581,686 $1,629,136 $1,678,010 $1,728,350 $1,780,201 $1,833,607 $1,888,615

‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ $1,500,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ $1,500,000 ‐$2,606,459 $2,649,045 $2,692,796 $2,737,746 $2,783,927 $2,831,375 $2,880,125 $2,930,213 $4,481,678 $3,034,558 $3,088,893 $3,321,621 $3,383,870 $3,447,839 $3,513,576 $3,581,131 $5,150,555 $3,721,903$5,306,601 $7,955,646 $10,648,442 $13,386,188 $16,170,115 $19,001,490 $21,881,615 $24,811,828 $29,293,506 $3,465,171 $6,554,064 $19,483,546 $22,867,416 $26,315,254 $29,828,830 $33,409,961 $38,560,516 $3,789,052

$0 $0 $0 $0 $0 $0 $0 $0 ‐$28,862,893 $0 $0 $0 $0 $0 $0 $0 ‐$38,493,367 $0$5,306,601 $7,955,646 $10,648,442 $13,386,188 $16,170,115 $19,001,490 $21,881,615 $24,811,828 $430,613 $3,465,171 $6,554,064 $19,483,546 $22,867,416 $26,315,254 $29,828,830 $33,409,961 $67,149 $3,789,052

65th Ave 35th Ave

2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2048 2049 2050 2051 2052 2053 2054‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

$18,108,936 $19,195,473 $20,347,201 $21,568,033 $22,862,115 $24,233,842 $25,687,872 $27,229,145 $28,862,893 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐$17,987,752 $19,067,017 $20,211,038 $21,423,700 $22,709,122 $24,071,670 $25,515,970 $27,046,928 $28,669,744 $30,389,928 $32,213,324 $40,668,579 $43,108,694 $45,695,216 $48,436,929 $51,343,144 $54,423,733 $57,689,157$12,722,559 $13,485,912 $14,295,067 $15,152,771 $16,061,937 $17,025,654 $18,047,193 $19,130,024 $20,277,826 $21,494,495 $22,784,165 $28,764,483 $30,490,352 $32,319,774 $34,258,960 $36,314,498 $38,493,367 $40,802,969$48,819,247 $51,748,402 $54,853,306 $58,144,504 $61,633,174 $65,331,165 $69,251,035 $73,406,097 $77,810,463 $51,884,424 $54,997,489 $69,433,063 $73,599,047 $78,014,989 $82,695,889 $87,657,642 $92,917,100 $98,492,127

Capital Road Planning Baseline ‐ Assumes no change to current funding 8/16/2019

Page 2 of 5


Capital Road Planning: w/ Sales Tax Model 8/16/2019Table 1


Rank St Name Project Type Length ‐ SqFt Length ‐ Miles Approx. Cost1 47th Ave: 47th Ave ‐ City Limits Widening 2,628 0.4977 $3,981,6002 37th St: 35th Ave ‐ Stampede Widening 2,744 0.5196 $4,156,8003 37th St: Stampede ‐ 47th Ave Widening 3,186 0.6035 $4,828,0004 37th St: 47th Ave ‐ 65th Ave Widening 7,899 1.4961 $11,968,8005 65th Ave: 37th St ‐ 49th St Design & Widening 5,286 1.0012 $8,009,6006 37th St: 65th Ave ‐ Two Rivers Widening 5,251 0.9945 $7,956,0007 35th Ave: Prairie View ‐ 49th St Design & Widening 3,714 0.7034 $5,627,200





$1.5M Sales Tax $750,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000Food Tax Fund (1) $425,000 $433,500 $442,170 $451,013 $460,034 $469,234 $478,619 $488,191 $497,955 $507,914 $518,073 $528,434 $539,003 $549,783

Impact Fees (2) $1,106,109 $1,139,292 $1,173,471 $1,208,675 $1,244,935 $801,427 $825,470 $850,234 $875,741 $902,013 $929,074 $956,946 $985,654 $1,015,224MPO Grants (3) ‐ ‐ ‐ $1,118,565 ‐ ‐ $1,500,000 ‐ ‐ ‐ ‐ ‐ ‐ $1,500,000

Annual Revenue Total: $6,781,109 $4,072,792 $4,115,641 $5,278,253 $4,204,969 $3,770,661 $5,304,089 $3,838,425 $3,873,696 $3,909,927 $3,947,146 $3,985,380 $4,024,657 $5,565,007Fund Balance $6,781,109 $6,872,301 $6,581,734 $6,435,246 $10,640,215 $14,410,876 $19,714,965 $6,575,419 $10,449,115 $14,359,043 $4,774,138 $8,759,518 $12,784,175 $18,349,181Project Cost ‐$3,981,600 ‐$4,406,208 ‐$5,424,741 $0 $0 $0 ‐$16,977,972 $0 $0 ‐$13,532,051 $0 $0 $0 ‐$16,969,577

Remaining Balance $2,799,509 $2,466,093 $1,156,993 $6,435,246 $10,640,215 $14,410,876 $2,736,994 $6,575,419 $10,449,115 $826,992 $4,774,138 $8,759,518 $12,784,175 $1,379,60447th Ave 37th St, 35th‐Stampede 37th St, Stampede‐47th 37th St, 47th‐65th 65th Ave 37th St, 65th ‐ 2 Rivers

Table 3

Rank 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 20331 47th Ave: 47th Ave ‐ City Limits $3,981,600 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐2 37th St: 35th Ave ‐ Stampede $4,156,800 $4,406,208 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐3 37th St: Stampede ‐ 47th Ave $4,828,000 $5,117,680 $5,424,741 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐4 37th St: 47th Ave ‐ 65th Ave Project Cost $11,968,800 $12,686,928 $13,448,144 $14,255,032 $15,110,334 $16,016,954 $16,977,972 ‐ ‐ ‐ ‐ ‐ ‐ ‐5 65th Ave: 37th St ‐ 49th St $8,009,600 $8,490,176 $8,999,587 $9,539,562 $10,111,935 $10,718,652 $11,361,771 $12,043,477 $12,766,086 $13,532,051 ‐ ‐ ‐ ‐6 37th St: 65th Ave ‐ Two Rivers $7,956,000 $8,433,360 $8,939,362 $9,475,723 $10,044,267 $10,646,923 $11,285,738 $11,962,882 $12,680,655 $13,441,495 $14,247,984 $15,102,863 $16,009,035 $16,969,5777 35th Ave: Prairie View ‐ 49th St $5,627,200 $5,964,832 $6,322,722 $6,702,085 $7,104,210 $7,530,463 $7,982,291 $8,461,228 $8,968,902 $9,507,036 $10,077,458 $10,682,106 $11,323,032 $12,002,414

Total $46,528,000 $45,099,184 $43,134,555 $39,972,403 $42,370,747 $44,912,992 $47,607,771 $32,467,587 $34,415,643 $36,480,581 $24,325,442 $25,784,969 $27,332,067 $28,971,991

Revenue Timeline ‐ Sales Tax


$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034

w/ Sales Tax Model - Fund Balance Over Time

(1) Food Tax Fund = 1/2 of $850K Anticipated with 2% annual increase(2) Impact Fees = 75% of JG High Estimate (320 SFU 1‐5, 200 SFU 6‐15, +3% inflation)(3) MPO Grant Note: : Can only go towards regionally significant corridors

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$6,971 $7,180 $7,396 $7,618 $7,846 $8,082

Year 15 Year 16 Year 17 Year 18 Year 19 Year 202034 2035 2036 2037 2038 2039‐ ‐ ‐ ‐ ‐ ‐

$1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000$1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,500,000$560,778 $571,994 $583,434 $595,103 $607,005 $619,145$1,045,680 $1,077,051 $1,109,362 $1,142,643 $1,176,923 $1,212,230

‐ ‐ ‐ ‐ ‐ ‐$4,106,459 $4,149,045 $4,192,796 $4,237,746 $4,283,927 $4,331,375$5,486,063 $9,635,108 $13,827,904 $18,065,650 $7,196,806 $11,528,181

$0 $0 $0 ‐$15,152,771 $0 $0$5,486,063 $9,635,108 $13,827,904 $2,912,879 $7,196,806 $11,528,181

35th Ave

2034 2035 2036 2037 2038 2039‐ ‐ ‐ ‐ ‐ ‐‐ ‐ ‐ ‐ ‐ ‐‐ ‐ ‐ ‐ ‐ ‐‐ ‐ ‐ ‐ ‐ ‐‐ ‐ ‐ ‐ ‐ ‐‐ ‐ ‐ ‐ ‐ ‐

$12,722,559 $13,485,912 $14,295,067 $15,152,771 ‐ ‐$12,722,559 $13,485,912 $14,295,067 $15,152,771 $0 $0

8/16/2019

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Capital Road Planning: w/ Sales Tax Model

Capital Road Planning: Sales Tax w/ Debt Model 8/16/2019Table 1


Rank St Name Project Type Length ‐ SqFt Length ‐ Miles Approx. Cost1 47th Ave: 47th Ave ‐ City Limits Widening 2,628 0.4977 $3,981,6002 37th St: 35th Ave ‐ Stampede Widening 2,744 0.5196 $4,156,8003 37th St: Stampede ‐ 47th Ave Widening 3,186 0.6035 $4,828,0004 37th St: 47th Ave ‐ 65th Ave Widening 7,899 1.4961 $11,968,8005 65th Ave: 37th St ‐ 49th St Design & Widening 5,286 1.0012 $8,009,6006 37th St: 65th Ave ‐ Two Rivers Widening 5,251 0.9945 $7,956,0007 35th Ave: Prairie View ‐ 49th St Design & Widening 3,714 0.7034 $5,627,200





Debt Proceeds (1) ‐ ‐ ‐ $25,000,000 ‐$1.5M Sales Tax $750,000 $1,500,000 $1,500,000 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐Food Tax Fund (2) $425,000 $433,500 $442,170 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐

Impact Fees (3) $1,106,109 $1,139,292 $1,173,471 $1,208,675 $1,244,935 $801,427 $825,470 $850,234 $875,741 $902,013 $929,074 $956,946 $985,654 $1,015,224MPO Grants (4) ‐ ‐ ‐ $1,118,565 ‐ $1,500,000 ‐ ‐ ‐ ‐ $1,500,000 ‐ ‐ ‐

Annual Revenue Total: $6,781,109 $4,072,792 $4,115,641 $28,327,240 $2,244,935 $3,301,427 $1,825,470 $1,850,234 $1,875,741 $1,902,013 $3,429,074 $1,956,946 $1,985,654 $2,015,224Fund Balance $6,781,109 $6,872,301 $6,581,734 $29,484,233 $17,474,136 $10,663,627 $1,842,174 $3,692,408 $5,568,149 $7,470,162 $10,899,236 $2,778,723 $4,764,377 $6,779,601Project Cost ‐$3,981,600 ‐$4,406,208 ‐$5,424,741 ‐$14,255,032 ‐$10,111,935 ‐$10,646,923 $0 $0 $0 $0 ‐$10,077,458 $0 $0 $0

Remaining Balance $2,799,509 $2,466,093 $1,156,993 $15,229,200 $7,362,200 $16,704 $1,842,174 $3,692,408 $5,568,149 $7,470,162 $821,778 $2,778,723 $4,764,377 $6,779,60147th Ave 37th St, 35th‐Stampede 37th St, Stampede‐47th 37th St, 47th‐65th 65th Ave 37th St, 65th ‐ 2 Rivers 35th Ave

Table 3

Rank 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 20331 47th Ave: 47th Ave ‐ City Limits $3,981,600 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐2 37th St: 35th Ave ‐ Stampede $4,156,800 $4,406,208 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐3 37th St: Stampede ‐ 47th Ave $4,828,000 $5,117,680 $5,424,741 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐4 37th St: 47th Ave ‐ 65th Ave Project Cost $11,968,800 $12,686,928 $13,448,144 $14,255,032 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐5 65th Ave: 37th St ‐ 49th St $8,009,600 $8,490,176 $8,999,587 $9,539,562 $10,111,935 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐6 37th St: 65th Ave ‐ Two Rivers $7,956,000 $8,433,360 $8,939,362 $9,475,723 $10,044,267 $10,646,923 ‐ ‐ ‐ ‐ ‐ ‐ ‐ ‐7 35th Ave: Prairie View ‐ 49th St $5,627,200 $5,964,832 $6,322,722 $6,702,085 $7,104,210 $7,530,463 $7,982,291 $8,461,228 $8,968,902 $9,507,036 $10,077,458 ‐ ‐ ‐

Total $46,528,000 $45,099,184 $43,134,555 $39,972,403 $27,260,413 $18,177,386 $7,982,291 $8,461,228 $8,968,902 $9,507,036 $10,077,458 $0 $0 $0

Revenue Timeline ‐ Issue debt in year 5


$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

$35,000,000

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033

Sales Tax w/ Debt Model - Fund Balance Over Time

(1) Assumption ‐ the debt issuance will be funded from $500k food tax revenue and $1.5M road sales tax (half of 1% Sales Tax)(2) Food Tax Fund = 1/2 of $850K Anticipated with 2% annual increase(3) Impact Fees = 75% of JG High Estimate (320 SFU 1‐5, 200 SFU 6‐15, +3% inflation)(4) MPO Grant Note: : Can only go towards regionally significant Corridors

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Date: 8/15/2019

Map Disclaimer: This map was designed and intended for City of Evans use only; it is not guaranteed to survey accuracy. This map is based on the bestinformation available on the date shown on this map. The City of Evans makes no warranties or guarantees, either expressed or implied, as to thecompleteness, accuracy or correctness of this map, nor accepts any liability arising from any incorrect, incomplete, or misleading informationcontained therein. Any reproduction or sale of this map, or portions thereof, is prohibited without the express written authorization by the City ofEvans.

Project prioritization based on pavement condition analysiswhich is subject to change.

2020-2022 2023-2024 2025-2026 2027Draft Work Plan: Resurfacing ProjectsNo Sales Tax Increase

42nd St

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Date: 8/15/2019

Map Disclaimer: This map was designed and intended for City of Evans use only; it is not guaranteed to survey accuracy. This map is based on the bestinformation available on the date shown on this map. The City of Evans makes no warranties or guarantees, either expressed or implied, as to thecompleteness, accuracy or correctness of this map, nor accepts any liability arising from any incorrect, incomplete, or misleading informationcontained therein. Any reproduction or sale of this map, or portions thereof, is prohibited without the express written authorization by the City ofEvans.

Project prioritization based on pavement condition analysiswhich is subject to change.

2020-2022 2023-2024 2025-2026 2027Draft Work Plan: Resurfacing ProjectsWith 1% Sales Tax Increase (est. $2.1 Million per Year)

CITY COUNCIL WORK SESSION REPORT

DATE: September 3, 2019

AGENDA ITEM: Work Session Item #2

SUBJECT: Legislative Update

NAME & TITLE: James L. Becklenberg, City Manager Scott Krob, City Attorney

ISSUE DESCRIPTION: As Council knows, each year the Colorado Legislature adopts a large number of acts on a wide

array of topics. This work session is intended to highlight a few of the acts that relate to issues the

City of Evans is facing or may face in the near future.

FINANCIAL SUMMARY: I would like to say there is no financial impact on the City of Evans. Unfortunately, many things

the Legislature enacts require expenditure of funds by the City.

REQUESTING FROM CITY COUNCIL: Get to know your local legislators. It can’t hurt. Also, if you have a particular interest in bills

being considered by the Legislature this year, you may want to consider becoming involved in

CML’s Legislative Committee.

ATTACHMENTS: None

Documents

Agenda City Council Work Session September 03, 2019 5:30 PM...Comp letion* 37th St - 42nd St 0.50 $2,510,400 9 23rd Avenue 42nd St - 49th St 0.38 $3,012,800 10 Two Rivers Parkway 37th