SCBAC 2019 SCBAC Recommendation€¦ · Project Selection 25 SCBAC Recommendation: •Projects •Total Funding Project Total Project Cost Bond Cost Running Total Police Station Renovation

SCBAC 2019 SCBAC Recommendation

1

David Gaines

Finance Director

July 25, 2019

Objectives• Financial Update

• Police Firing Range

• Major Roadway Project Updates• Growth Areas• Floodplain Impacts• Upcoming Development• Traffic Impact

• Ryan Road Options

• Decision Points• Public Art• Project Selection• Total Funding

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Forecast Scenarios

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* Max debt service tax rate increases have been included in City produced documents such as previous Bond Booklets

• All programs maintain total tax rate below current rate (assuming effective O&M rate)

• A portion of the proposed debt obligations will be issued annually over six years beginning in FY2020

Update:• 2019 Certified Values Received • Freeze Adjust AV increased 11.3%

Total Program CostAssessed Value

Assumptions

Max Debt Service

Tax Rate Increase

Impact to $100,000

Residential

235,000,000$ 5% $0.041 $41

210,000,000$ 5% $0.032 $32

180,000,000$ 5% $0.024 $24

Scenarios

4

Total Assessed Value

Tax Year

* Includes Frozen Values11.3% Increase in Non-Frozen

Values

2019 Estimate Based on Preliminary AV

Assessed Value History

3.31%

0.58%

-1.55%

2.93%

4.59%3.81%

11.48%

8.54% 8.23%

13.32%

9.53%

11.52%

$0

$2,000,000,000

$4,000,000,000

$6,000,000,000

$8,000,000,000

$10,000,000,000

$12,000,000,000

$14,000,000,000

-2%

0%

2%

4%

6%

8%

10%

12%

14%

16%

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019*

Property Value Growth(Annual Percentage Change)

Police Firing Range

• Contacted the Staff at Collin County College’s Public Safety Training Centero Collin College’s new gun range opened in Fall 2018o Collin College utilized G2 Solutions Inc. as the design firm for their

gun range

• City of Denton requested a proposal to develop a concept plan and operational requirements and contracted with G2 for consulting services

• G2 provided concept plan options and project estimation in mid-July for PD review

• It is staff’s opinion that the Gun Range can be bundled with the construction of the Police substation to realize economies of scale and minimize cost escalation

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Internal process to develop revised option

Police Firing Range

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Range Area Structure $2.6M

Shooting Range Equipment $1M

Classroom, Office, & Support Spaces 0.7M

General Conditions/Contigignency $1M

Total $5.3M

Firing Range Cost Estimate• 4’-6’ Wide Shooting Lanes

• Includes 15 Lanes

• Rubber Media Trap

• Full Tactical to 25 Yards

Police Firing Range

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Overall Floor Plan

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Police Firing Range

EnlargedOffice Floor Plan

Police Firing Range

• Indoor ranges are protected from weather, and provide sound mitigation, around the clock availability

• Bullet traps/baffles are designed to protect from projectiles leaving the building

• Baffles also provide sound mitigation

• HEPA ventilation needed to protect from airborne lead particles and other combustion byproducts.

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Growth Areas

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PROJECT SELECTION:

• Demand in high growth areas

• Historically unsafe roadways

• Regional connectivity• Capacity improvements

• Funding opportunities

• Improve safety in adjacent neighborhoods

Area 1

Area 2

Area 3

June 13, 2019 ID 19-449

Area 1 – Upcoming Developments

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Floodplain Impacts

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June 13, 2019 ID 19-449

Area 2 –Upcoming Developments

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June 13, 2019 ID 19-449

Area 3 –Upcoming Developments

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June 13, 2019 ID 19-449 15

Hickory Creek Accident History

June 13, 2019 ID 19-449 16

Hickory Creek Traffic Impact

June 13, 2019 ID 19-449

Area 3 – Upcoming Developments

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June 13, 2019 ID 19-449 18


June 13, 2019 ID 19-449 19


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Ryan RoadW/O Sidewalks and Drainage Improvements

• Limits: Teasley Lane to Country Club Road

• Scope: Widen approximately 2 miles from 2 lanes to 3 lanes. No Drainage Improvements or sidewalks

• Characteristics/LOS: Peak LOS D or worse

• Total Cost: $10M

• City Cost: $4M

July 18, 2019

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• Limits: Teasley Lane to Country Club Road

• Scope: Widen approximately 2 miles from 2 lanes to 3 lanes. Drainage and sidewalks

• Characteristics/LOS: Currently LOS D or worse

• Total Cost: $25M

• City Cost: $19M

Ryan RoadWith Sidewalks and Drainage Improvements

July 18, 2019

Decision Points

• Public Art

• Project Selection

• Total Bond Program Funding

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Public Art

• The Committee can recommend from zero percent up to two percent of the 2019 bond-funded vertical construction costs for public art funding.

• Funding can be split between Propositions.

• SCBAC Recommendation:

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Project Costs

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PD Renovation Project $ 40,000,000 $ 36,000,000

Fire Station 8 $ 5,400,000 $ 4,900,000

PD Substation Project $ 21,000,000 $ 21,000,000

PD Firing Range $ 5,000,000 $ 5,000,000

Total Prop 1 $ 71,400,000 $ 66,900,000

Proposition 2: Roadways

Bonnie Brae (V, VI, VII) $ 111,500,000 $ 27,000,000

Hickory Creek $ 160,000,000 $ 34,000,000

Street Rehab Program $ 70,000,000 $ 70,000,000

Sidewalks $ 12,000,000 $ 12,000,000

Robinson Road $ 12,300,000 $ 12,300,000

Ryan Road $10M - $25M $4M-19M

Jim Christal $ 16,800,000 $ 1,680,000

FM 428 $ 44,000,000 -

Total Prop 2 $436M - $451M $161M - $176M

Street Lighting $5M - $15M $5M - $15M

Open Space $5M - $15M $5M - $15M

$10M-$30M $10M-$30M

Total $517M - $552M $238M - 273M

Total project

Cost

Potential Bond

Costs

Project Selection

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SCBAC Recommendation: • Projects

• Total Funding

Project Total Project Cost Bond Cost Running Total

Police Station Renovation $36M 40,000,000$ 36,000,000$ 36,000,000$

Fire Station 8 $4.9M 5,400,000$ 4,900,000$ 40,900,000$

Police Substation $21M 21,000,000$ 21,000,000$ 61,900,000$

Street Rehab Program $70M 70,000,000$ 70,000,000$ 131,900,000$

Bonnie Brae (V,VI,VII) $27M 111,500,000$ 27,000,000$ 158,900,000$

Hickory Creek Rd. $34M 160,000,000$ 34,000,000$ 192,900,000$

Sidewalks Program $12M 12,000,000$ 12,000,000$ 204,900,000$

Street Lighting $10M* $5M - $15M 11,000,000$ 215,900,000$

Ryan Rd. $4M * $10M - $25M 4,000,000$ 219,900,000$

Robinson Rd. $12.3M 12,300,000$ 12,300,000$ 232,200,000$

Police Firing Range $5M 5,000,000$ 5,000,000$ 237,200,000$

Open Space (Land Acquisition) $10M $5M - $15M 10,000,000$ 247,200,000$

Jim Christal Rd. $1.7M 16,800,000$ 1,700,000$ 248,900,000$

McKinney Street $52.9M 52,900,000$ 52,900,000$ 301,800,000$

Public Art (2% Vertical Construction $1.3M) 1,300,000$

* For Discussion Purposes

Projects Recommended by SCBAC on July 18th

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Questions?

Documents

SCBAC 2019 SCBAC Recommendation€¦ · Project Selection 25 SCBAC Recommendation: •Projects •Total Funding Project Total Project Cost Bond Cost Running Total Police Station Renovation