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HomeMy WebLinkAboutAgenda - City Council - 01/19/2021AGENDA SOUTH BURLINGTON CITY COUNCIL South Burlington City Hall 575 Dorset Street SOUTH BURLINGTON, VERMONT IMPORTANT: This will be a fully electronic meeting, consistent with recently-passed legislation. Presenters and members of the public are invited to participate either by interactive online meeting or by telephone. There will be no physical site at which to attend the meeting. Participation Options: Interactive Online Meeting (audio & video): https://www.gotomeet.me/SouthBurlingtonVT/city- council-meeting01-19-2021 By Telephone (audio only): (571) 317-3122, Access Code: 964-962-117 MEMBERS OF THE PUBLIC WHO PARTICIPATE BY THE INTERACTIVE ONLINE MEETING TOOL ARE ASKED TO MUTE YOUR MICROPHONES WHEN NOT SPEAKING AND TURN OFF YOUR CAMERAS. IF YOU WISH TO SPEAK TO THE COUNCIL ON A PARTICULAR AGENDA ITEM, TURN YOUR CAMERA ON TO BE RECOGNIZED AT THAT TIME. Regular Session 6:30 P.M. Tuesday, January 19, 2021 1.Welcome & Agenda Review: Additions, deletions or changes in order of agenda items. (6:30 – 6:31PM) 2.Comments and questions from the public not related to the agenda. (6:31 – 6:41 PM) 3.Consent Agenda: (6:41 – 6:42 PM) A. *** Consider and Sign DisbursementsB. *** Approved Minutes December 21,2020 and January 4,2021 4.***Consider and possibly approve a Council Resolution condemning the violence in the United StatesCapitol building on January 6, 2021 – Councilor Emery (6:42 – 7:00 PM) 5.***Public Hearing on a proposal to bring the question to the voters at the South Burlington Annualmeeting on March 2, 2021 of authorizing the City to incur debt under the Tax Increment Financingprogram to finance the completion of the connection of Garden Street to Dorset Street on the westand Garden Street to Midas Drive on the north as well as potential additional improvements at theWhite Street/Williston Road intersection and the Hinesburg Road/Williston Road intersection.Following the public hearing, possible approval of a resolution to submit the question to the voters. -Ilona Blanchard, Director of Community Development. (Warned for 7:00 PM) (7:00 – 7:15 PM) 6.Announcements and City Manager’s Report. (7:15 – 7:25 PM) 7.Annual report from Pension Fund Manager- Pat Blizzard, SEI Client Service Manager (7:25 – 7:45PM) 8.Annual Valuation Report on Pension Fund status - Erik Schait, Actuary (7:45 – 8:05 PM) 9.*** Consider and possibly approve warning the 2021 annual city meeting ballot to include articles on:the election of City Officers and City Councilors; the FY 22 City budget; and, the authorization to incurdebt for the Tax Increment Financing Eligible Garden Street Project. Andrew Bolduc, City Attorney(8:05 – 8:25 PM) 10. Reports from Councilors on Committee assignments (8:25 – 8:30 PM) 11.Other Business (8:30 – 8:35 PM) 12.Adjourn (8:35 PM) Respectfully Submitted: Kevin Dorn Kevin Dorn, City Manager *** Attachments Included South Burlington Water Dept. Accounts Payable Check Register Date: 1/20/2021 Date Check No. Paid To Memo Amount Paid 1/20/2021 4183 South Burlington Ace 8.50 Date Voucher Number Reference Voucher Total Amount Paid 12/30/2020 VI-15248 830675/3 8.50 8.50 1/20/2021 4184 Jesse Biddle 96.91 Date Voucher Number Reference Voucher Total Amount Paid 1/6/2021 VI-15252 REFUND 96.91 96.91 1/20/2021 4185 Champlain Water District 52,076.55 Date Voucher Number Reference Voucher Total Amount Paid 12/31/2020 VI-15244 SBWD-369 52,076.55 52,076.55 1/20/2021 4186 Champlain Water District 106,695.35 Date Voucher Number Reference Voucher Total Amount Paid12/31/2020 VI-15243 SBWD-362 350.82 350.8212/31/2020 VI-15245 DECEMBER 106,344.53 106,344.53 1/20/2021 4187 Brian Gilwee 177.65 Date Voucher Number Reference Voucher Total Amount Paid 1/6/2021 VI-15251 REFUND 177.65 177.65 1/20/2021 4188 City Of South Burlington 356,443.19 Date Voucher Number Reference Voucher Total Amount Paid 1/5/2021 VI-15246 DECEMBER SEWER 356,443.19 356,443.19 1/20/2021 4189 City Of South Burlington 223,071.84 Date Voucher Number Reference Voucher Total Amount Paid 1/5/2021 VI-15247 DECEMBER STORMWATER 223,071.84 223,071.84 1/20/2021 4190 Ti-Sales Inc.9,412.20 Date Voucher Number Reference Voucher Total Amount Paid 1/5/2021 VI-15249 INV0126082 5,118.30 5,118.301/7/2021 VI-15253 INV0126148 4,293.90 4,293.90 1/20/2021 4191 USPS 8,000.00 Date Voucher Number Reference Voucher Total Amount Paid1/7/2021 VI-15250 REPLENISH POSTAGE 8,000.00 8,000.00 Printed: January 11, 2021 Page 1 of 2 South Burlington Water Dept. Accounts Payable Check Register Date: 1/20/2021 Date Check No. Paid To Memo Amount Paid Total Amount Paid:755,982.19 SOUTH BURLINGTON CITY COUNCIL _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ Printed: January 11, 2021 Page 2 of 2 CITY COUNCIL 21 DECEMBER 2020 The South Burlington City Council held a regular meeting on Monday, 21 December 2020, at 6:30 p.m., via Go to Meeting remote participation. MEMBERS PRESENT: H. Riehle, Chair; M. Emery, T. Barritt, T. Chittenden, D. Kaufman ALSO PRESENT: K. Dorn, City Manager; T. Hubbard, Deputy City Manager; D. Kinville, City Clerk; A. Lafferty, City Attorney; P. Conner, Director of Planning & Zoning; J. Rabidoux, Public Works Director; I. Blanchard, Project Manager; T. Leblanc, Assessor; J. Simson, N. Simson, S. Simson, M. Simoneau, L. Black-Plumeau, J. Slason, B. Britt, P. Taylor, P. Thompkins, M. Cota, R. Batterson, A. Strong, D. Crawford, K. Ryder, S. Dooley, J. Bellevance, B. Burkhardt, C. Trombley, V. Bolduc, B. Sirvis 1.Additions, deletions or changes in the order of Agenda items: Mr. Hubbard asked to delete Agenda item #13. It will be presented at the next Council meeting. 2.Comments and Questions from the public not related to the Agenda: No issues were raised. 3.Announcements & City Manager’s Report: Mr. Barritt: Thanked Public works for putting in the sidewalk along the jug handle at Spear and Williston Rd and for the lighted bollards. Ms. Emery: Noted receipt of concern from a resident who uses Dorset Street and said that cars are stopping in the road to look at the beautifully decorated homes which almost caused an accident. Mr. Barritt added that sometimes people even get out of their cars. Ms. Riehle asked if there could be any city liability. Mr. Dorn said he can’t imagine so. Ms. Riehle: Joined the City Town Hall Meeting with all employees and found it very informative regarding COVID issues and reports from Department Heads as to what they are doing. Mr. Dorn said he will invite all Councilors to the next such meeting. It’s a great way for staff to keep in touch. Mr. Dorn: Last Friday, the transfer of ownership of 19 Gregory Drive was completed, and the city now owns the entire building. There is now a tenant and the city is receiving rent. He CITY COUNCIL 21 DECEMBER 2020 PAGE 2 suggested the city do something special for Bobby Miller’s children who turned the building over years before the agreement called for. As of last week, Firefighters began receiving the COVID vaccine. Many of the trained paramedics have also volunteered to give the shots on their own time. The Council’s legislative priorities have been transmitted to the city’s delegations in the State House and Senate. There has not yet been a response from the State regarding the City’s request to reduce the speed limit on Hinesburg Road. The request will be submitted again. The City Hall lock down continues. The City Clerk’s office is open by appointment only. This will probably continue for some time. 4.Consent Agenda: a.Approve Disbursements b. Approve South Burlington participation in Chittenden County Multi- Jurisdictional Hazard Mitigation Plan and Local Share Agreement c. Approve Grant Application for Design of Irish Farm Stormwater Treatment Practice Upgrades d. Designate the traffic signal at the intersection of Community Drive (east) and Kimball Avenue as an official traffic control device pf the City, to be owned and maintained by the City e. Authorize the City Manager to Negotiate and Execute a Contract for Shelving for the South Burlington Public Library f. Approve Minutes from 6 July and 7 November meetings Ms. Emery pointed out an inconsistency in numbers on p. 4 of the shelving contract. Mr. Rabidoux said both numbers should be 30. Ms. Riehle asked who is paying for the traffic signal at Kimball Ave./Community Drive. Mr. Dorn said it is being paid for entirely by the applicant. Ms. Emery moved to approve the Consent Agenda as presented. Mr. Chittenden seconded. Motion passed unanimously via a roll call vote. CITY COUNCIL 21 DECEMBER 2020 PAGE 3 5.Consider and possibly approve a resolution honoring resident John Simson for his service to the community and his advocacy for affordable housing: Ms. Dooley read the Resolution honoring Mr. Simson for his many years of service to the City. Mr. Chittenden moved to approve the resolution as presented. Mr. Kaufman seconded. The motion passed unanimously via a roll call vote. 6.(previously #15): Reports from Councilors on Committee Assignments: No reports were presented. 7.CCTV Annual Report: Ms. O’Rourke said that Town Meeting TV has been working for the last 9 months of the pandemic covering meetings. South Burlington’s allotment is for 60 meetings per year. They are looking for level funding of $20,000 for the next fiscal year. That money covers only a portion of the meeting coverage cost of $43,000 a year. Ms. O’Rourke noted the decline in franchise fees that have been paying for the work they do. The need to innovate has also grown exponentially. This year they did live streaming, archiving, and an amazing election coverage. They also do media education to school groups, and many of their people originally came as interns or volunteers. Ms. O’Rourke noted that Town Meeting TV is also working with Ilona Blanchard on the planning for the new City Hall, so that it is fitted up with cameras and audio facilities for meeting coverage. She also noted the increase in people being able to access meetings remotely during the pandemic. Ms. Riehle said the Council is thinking of how to integrate both live and remote forms of meetings. Ms. O’Rourke said they will be installing a hybrid meeting model in Williston in January. The South Burlington set up will depend on how quickly the move into the new City Hall takes place. The system will be like a “glorified telecasting.” There would be a screen on the wall so that the people attending the meeting in person could see the people at home. This would all be done remotely by their operators. CITY COUNCIL 21 DECEMBER 2020 PAGE 4 Mr. Barritt asked if Town Meeting TV got any CARES or PPP funds. Ms. O’Rourke said they did get a PPP loan which covered some of what they lost. She noted that almost all of their field producers had to be furloughed. Mr. Dorn said the city wants to be sure they have both live and remote meetings, even when meetings can again happen in person. The new Auditorium is being designed for this. Mr. Crawford encouraged the city to have Planning Commission meetings covered as they are so important. Ms. Riehle said the issue is the cost. 8.Consider and possibly approve the Errors & Omissions Report from the Assessor for the Grand List: Mr. Leblanc said that these are items where he had to make changes after the tax bills went out. The changes are mainly on addresses, misspellings, correcting ownership from a person to an estate, etc. Mr. Chittenden moved to approve the Errors & Omissions Report from the Assessor for the Grand List as presented. Mr. Barritt seconded. Motion passed unanimously via a roll call vote. 9.Discussion and Possible Action related to procedures and potential legislation regarding the South Burlington Annual Meeting: Ms. Kinville said that she has already begun thinking about the March election. She got a call from Rep. Ann Pugh indicating that the State Legislature will allow meetings to be moved to a later date and will allow ballots to be mailed to all voters. The Secretary of State’s office will also be able to institute all the things it did for the November election. Ms. Kinville said there are a lot of decisions to be made by the Council and by the School Board. If the legislation passes, it is anticipated the Governor will sign it by 19 January 2021 so that municipalities will know what they can/cannot do. Ms. Kinville then asked if the Council has any interest in moving the vote to a later date. Mr. Chittenden asked what Ms. Kinville thought about that. She replied that in November almost 12,000 people voted. What happens in March will depend on the interest in what is on the ballot. There are usually only 3,000-4,000 voters in March elections, and the question is whether more people would vote with a mail-in ballot. If the election is held in March, people would have to be told to get any address changes in. Ms. Kinville stressed that there are only CITY COUNCIL 21 DECEMBER 2020 PAGE 5 20 days between the time ballots are received and Election Day. Mr. Barritt said he saw no reason to change the usual format. People would still have the ability to request a mail-in ballot. Mr. Chittenden agreed, but he wanted to know what the School Board is thinking. Mr. Kaufman also agreed as long as Ms. Kinville is comfortable with that. Ms. Emery noted there were grants to cover some of the costs for the November election and asked if that would be the case in March. Ms. Kinville said it would not. The State will just provide the envelopes. Other costs would be split between the City and School District. Ms. Burkhardt said the School Board has not yet discussed what they would prefer, and there are pros and cons on both sides. They still have a lot to do on the budget. An extension would help, but it would leave less time for hiring. Her personal opinion was to go with the March date, but the School Board will discuss this at its next meeting. Ms. Riehle cited the significant cost to send postcards and ballots to every voter. Ms. Kinville said mailing the ballots costs $28,000. She stressed that people will not automatically get absentee ballots. Mr. Barritt said that 3 months into the new year things will be in a different place regarding the pandemic. They need to decide whether it is different enough not to mail a ballot to every voter. He added that he was amazed by the large number of people who came into the polls to vote in November. He felt mailing ballots to all was a waste of money, and that the responsibility for getting a ballot should be on the voters. Ms. Emery didn’t think it was outrageous to send ballots to every voter and that it should be considered. She felt it was important to have as many people vote as possible. Mr. Chittenden said he would be OK with it if that is what the School Board wants. Ms. Burkhardt said their next meeting is 4 January when they could discuss it. Ms. Kinville said that date would be OK if everything is ready to go on 5 January. She stressed that there would be issues both ways and cited the number of ballots returned as “undeliverable” and also the added work to accept phone calls requesting mail-in ballots. Mr. Kaufman said people should be encouraged to call for ballots and not spend the $28,000. CITY COUNCIL 21 DECEMBER 2020 PAGE 6 Ms. Emery then moved to approve the 2 March 2021 election date with an all mail-in ballot, contingent upon School Board and Legislature approval, with the cost to be split between the City and the School District. Mr. Chittenden seconded. Motion passed 4-1 via a roll call vote with Mr. Barritt voting against. 10.Council Update on the Status of Proposed Amendments to the South Burlington Impact Fee Ordinances: Mr. Conner explained that the Impact Fee Ordinance was amended 12 years ago. He also noted that he has been working with John Slason from RSB regarding the “impact of impact fees.” Mr. Slason said that the purpose of impact fees is to mitigate the effects of growth on the transportation system. The fees complement the city’s philosophy to focus growth that supports multi-modal travel by assessing the fee on new PM peak hour vehicle trips in order to fund additional transportation capacity. He then explained how impact fees are calculated based on level of service, what is provided today and what will need to be provided in the future. Mr. Slason said it is estimated that by 2030, there will be 1000 new homes and 3430 employees in the city. This translates to 1900 new vehicle trips and 900 new trips via bus, biking, walking, etc. In considering revisions to the Impact Fee Ordinance, the city’s infrastructure projects were reviewed, and projects not completed were identified as well as those in the Penny for Paths list. The list of projects was then prioritized based on how difficult the project is, other possible funding sources, whether the project is of significant benefit to the whole community, and compliance with the Comprehensive Plan. After that process, they identified 16 projects must suitable for funding through impact feels, the total of which is $4,933,800. These projects are of enough benefit to the city to merit impact feels. It is also possible that developers will pay for parts of some of these projects. Mr. Slason then showed a list of comparative impact fees in surrounding communities. He also noted that South Burlington’s fees are almost twice as high as some regional communities. He noted that feels have to be charged based on a consistent basis (i.e., vehicle trip ends) ,and all land uses have to be charged the same way. CITY COUNCIL 21 DECEMBER 2020 PAGE 7 Mr. Slason then explained that there is a 6-year horizon to encumber the fees. If this does not occur, the payee can request a refund. Funds cannot be used to repair something; they must be used for a new project. Mr. Barritt asked when the fees are charged. Mr. Conner said they are charged at the time the zoning permit is issued or as late as when a Certificate of Occupancy is issued. Ms. Emery asked if there are “cons” to charging impact fees. Mr. Conner said the higher the number, the more impact on the developer, and the fees do not eliminate the work that is required as part of the approval. Mr. Rabidoux added that there were 72 projects that were “left behind” and not included in the list. Mr. Conner said there was a question of offering a “break” to some users (e.g., affordable housing), but that meant others would have to pay a higher fee or money would have to come from another source (e.g., grants). He stressed that these projects are not amenities. They are ways to provide mobility for future land uses and visitors to the city. Mr. Barritt said he didn’t think they city had a choice. 11.Staff response to request to amend the South Burlington Wastewater Ordinance: Mr. Conner reviewed the history of the ordinance and a presentation from the South Burlington Land Trust. He noted that currently much of the ordinance is focused on administrative roles. Any building located near the city system must connect to the system, and there are rules for buildings that are not served by the city’s system. In addition, when a property or properties join the sewer system, any nearby area must also connect to the system. Mr. Conner showed a city map indicating the areas served by the two wastewater treatment facilities. He also showed a map of conserved areas (not served by the sewer system) and indicated potential forest blocks. Mr. Conner noted that the allocation for City Center was recently increased to 150,000 gallons per day (gpd). A sewer allocation is now valid for 10 years. Mr. Conner also indicated possible areas of policy that could be considered. These include: expiration of an allocation, reserved capacity allocation, rate of new allocations, and priority CITY COUNCIL 21 DECEMBER 2020 PAGE 8 location of allocation/development. In order to become a policy, the terms must be spelled out in the Comprehensive Plan and must be aligned with zoning. The amendments suggested by the South Burlington Land Trust include: excluding the Southeast Quadrant, the I-Ag and I-Open Space zoning districts for allocation, having a “capacity allocation plan” in 5-year increments with a maximum amount that could be used, allocating 70% for residential and 30% for non-residential with an added allocation for affordable housing, and having the City Council set the allocation for City Center and the Transit Overlay District within each 5-year period. Ms. Lafferty said that most of the policy options are within the Council’s authority though it would require a fair amount of work to be accomplished. The question would be: what is the basis for making these decisions. There would have to be an evaluation of capacity and an analysis regarding where certain development is prioritized and what are the priorities of the city. For each decision, there would have to be an analysis and some balances. Mr. Conner added that there is also a question of the right split between residential and commercial. What happens when the limitations are met in a given year, and what if a business wants to come into the city and would take the allocation over the 30%. Mr. Conner also noted that technologies have improved in recent years for non-municipal sewer systems, so that development could still occur with private systems. Mr. Chittenden said the city may have the authority but questioned whether they should do any of this. Mr. Conner said some of the infrastructure was designed to carry more capacity. If zoning allows for 4-8 homes, but this doesn’t align with where there is wastewater available, there is a problem. Ms. Emery asked if the 150,000 gpd for City Center is defensible. Ms. Lafferty said it is. The city wanted to prioritize that area and reserved that capacity for it. She added that there are different ways to meet the goal of making an area a priority. Setting aside allocation is just one of those ways. Mr. Conner noted that only a small portion of the 150,000 City Center reserve has been used. Mr. Rabidoux said that figure was based on 700 housing units. CITY COUNCIL 21 DECEMBER 2020 PAGE 9 Mr. Barritt said he would like to see this plan next to plans for the 2 wastewater facilities and capacities. He said the proposal looks like a straightforward attempt to limit development in the Southeast Quadrant (SEQ). This is a huge issue. He felt the ordinance has served the city well, and it seems like it would be a lot of work to change it with very little payback. He is opposed to adding regulations where they are not needed, and he felt the city had more important things to worry about than that. Mr. Rabidoux said use history is the best indicator. Every 25-30 years you want to update and modernize a facility. The costs for this are about $50,000,000 at Bartlett Bay and $20,000,000 to $25,000,000 at the Airport Treatment Plant. He stressed that adding capacity is not the main cost driver and noted that the system is designed to pay for future upgrades. He also said that property owners would have the right to build a private system if a public system is not available. He also noted that the city’s growth rate is slower than the Comprehensive Plan predicted, and there is no capacity concern in the next 50 years. Ms. Bellevance said other communities use sewer allocation to focus development where they want it. She acknowledged it would be a lot of work but thought the city could “piggy back” off what other towns have done. Ms. Dooley said she has been following the work of the Planning Commission and there is a tremendous amount of work regarding where and how development can take place. She said the Land Trust proposal doesn’t take any of that work into consideration. She also noted that the Transit Overlay District is already well developed and only some infill is probably going to happen. She felt the proposal “uses a sledge hammer instead of a scalpel” and isn’t congruent with Interim Zoning. Mr. Chittenden said it could be a tool if growth was more than the capacity, but Mr. Rabidoux said that is not the case. Ms. Riehle said she feels this falls into the Planning Commission’s work, but she would not put it on their plate until they finish with Interim Zoning. 12.City Council review and possible action to warn a ballot item for the 2021 South Burlington Annual Meeting related to incurring Tax Increment Financing debt to construct connections of Garden Street to Midas Drive to the north and Dorset Street to the South as well as construct pedestrian improvements along Mary Street: CITY COUNCIL 21 DECEMBER 2020 PAGE 10 Ms. Blanchard showed an overhead photo indicating where Garden Street will go. She noted they are currently looking at only a portion of that road and some modifications to Midas Drive (which would be renamed Garden Street). Ms. Riehle asked if it covers a sidewalk on Mary Street. Ms. Blanchard said it does not. That sidewalk is eligible for funding by impact fees, so it is not a TIF project. Ms. Blanchard then showed a plan of the project area which would include a new water main. At the northern end, they would add a streetscape along Midas Drive and some curbing. Ms. Blanchard then provided an update of where the city is regarding TIF status. Of the $25,400,000 authorized, the city has issued or is scheduled to issue $10,430,000. She showed a chart of what the city has been paying in debt. She also noted the annual income (increment) from development which in 2021 will be $264,380.07. In 2020, that income was $153,819.51. The total potential vote authorization is $4,002,500. Ms. Blanchard said it is unlikely that a Bond Anticipation Note (BAN) would be used due to the very low current interest rate; however, the authorization information will acknowledge a possibility of using a BAN as required by TIF statutes so as not to preclude this use should it be prudent. Ms. Blanchard then showed a chart of the anticipated income from new projects through 2031, including some commercial development and some condos (which have a higher value). Mr. Chittenden asked how conservative the estimates are, and is there a “worst case scenario.” Ms. Blanchard said there are some things that have not been counted in (e.g., tax rate income increase, accounting for reassessment). The model is conservative but based on development happening. She added that a significant amount of money has already been invested in permitting new projects. There is also room for the values to be much more. Ms. Blanchard also noted that the bond debt authorized by the voters would still need to be reviewed by the City Council at a future date. She then showed the language of the proposed ballot item. Ms. Emery moved to approve warning a ballot item as presented for the 2021 South Burlington Annual Meeting related to incurring Tax Increment Financing debt to construct connections of Garden Street to Midas Drive to the north and Dorset Street to the South. Mr. Chittenden seconded. Motion passed unanimously via a roll call vote. CITY COUNCIL 21 DECEMBER 2020 PAGE 11 It was noted that the correct motion should have been to warn a public hearing on the ballot item. Ms. Emery then withdrew her previous motion and moved to warn a public hearing on the proposed ballot item for 19 January 2021 at 7:00 p.m. Mr. Barritt seconded. The motion passed unanimously. Mr. Kaufman noted the importance of educating the general public so they are not put off by the numbers. Mr. Dorn said the city will put out plenty of information for the public. 13.Preliminary FY22 General Fund Budget Overview: Mr. Hubbard said the budget is as .97 increase in the tax rate. This assumes a 1% growth in the Grand List and would result in an increase for the average condo of $13.00 for the year and for the average single family home of $18.76 for the year. The budget reflects an increase in spending of $146,000 (to cover bargaining units, Workers Compensation, medical insurance, funding for opening of the Library, and lower interest rates). There is also an anticipated loss of $262,000 in revenue from local option taxes. Some of the cuts made to achieve the tax rate include reducing paving from $1,000,000 to $700,000, one RIF’s position in Stormwater, 2 positions being shared positions, and leaving a number of positions unfilled (1 in Planning & Zoning and 3 in the Police Department). Mr. Hubbard noted that the public hearing on the CIP is scheduled for 4 January 2021. On that night, the Council will also hear from Department Managers. Mr. Kaufman noted that most of the shortfall is due to the local option taxes, which means the city hasn’t taken too bad a beating due to COVID and is in good shape, all things considered. Mr. Hubbard noted that the Public Works/City Hall bargaining agreement has been signed. The Fire Department is considering signing. Negotiations with the Police Department will be reopened. Ms. Riehle asked about funding for the Affordable Housing Trust Fund and the charities. Mr. Hubbard said both of those items are still funded. Mr. Hubbard stressed that there were major sacrifices made to meet the challenges of this budget. CITY COUNCIL 21 DECEMBER 2020 PAGE 12 14.Other Business: No other business was presented. As there was no further business to come before the Council Mr. Chittenden moved to adjourn. Ms. Emery seconded. Motion passed unanimously. The meeting was adjourned at 10:44 p.m. _________________________________ Clerk CITY COUNCIL 4 JANUARY 2020 The South Burlington City Council held a regular meeting on Monday, 4 January 2021, at 6:00 p.m., via Go to Meeting remote participation. MEMBERS PRESENT: H. Riehle, Chair; M. Emery, T. Barritt, T. Chittenden, D. Kaufman ALSO PRESENT: K. Dorn, City Manager; T. Hubbard, Deputy City Manager; A. Bolduc, City Attorney; D. Kinville, City Clerk; I Blanchard, Project Manager; M. Machar, Finance Director; Chief S. Burke, Police Department; Chief T. Francis, Fire Department; J. Rabidoux, Public Works Director; P. Conner, Director of Planning & Zoning; H. Rees, Recreation Director; J. Murray, Librarian; A. Parker, J. Duncan, P. Leduc, J. Pasackow, B. Britt, T. Pollard, B. Sirvis, S. Dooley, J. Nadeau, D. Lutz, P. Taylor, S. Goddard, D. Bugbee, C. McNeil 1.Additions, deletions or changes in the order of Agenda items: No changes were made to the Agenda. 2.Executive Session: Ms. Emery moved that the Council meet in executive session to discuss financial matters where premature general public knowledge would clearly place the City at a substantial disadvantage and to receive advice from legal Counsel including matters related to personnel and to invite into the session Messrs. Dorn, Hubbard and McNeil, Leduc, and Pasackow and Ms. Murray. Mr. Chittenden seconded. The motion passed unanimously. The Council entered executive session at 6:06 p.m. and resumed open session at 6:48 p.m. 3.Comments and Questions from the public not related to the Agenda: Residents of the Queen City Park neighborhood encouraged the City to apply for party status for the upcoming Act 250 hearing regarding the proposed Burton project and to send a written message to the Act 250 Board regarding the potential harmful impacts of the project on the neighborhood, particularly Red Rocks Park. 4.Announcements and City Manager’s Report: Mr. Chittenden praised the efforts of the South Burlington Police Department regarding its investigation of the recent hit-and-run accident in the city. CITY COUNCIL 4 JANUARY 2021 PAGE 2 Mr. Dorn: There will be a staff planning session next Wednesday to look back on the past year and ahead to 2021. The public can anticipate that City Hall will remain closed at least for another month. 5. Consent Agenda: a. Consider and Sign Disbursements b. Approve three party agreement between the City of South Burlington, the Dorset Park Skating Association and the C. Anthony Cairns Trust Ms. Emery asked about the difference between the 2 contracts. In the new agreement, the City would be paying the Family Trust, not the bank. Mr. Kaufman explained that the bank terms and the required paperwork would have resulted in higher costs, so Mr. Cairns agreed to take over the financing as long as necessary so the project can get done. Mr. Barritt questioned a refund of taxes to the Airport. Mr. Hubbard explained this was a case where taxes had been paid twice on a commercial property. Ms. Dooley asked whether Mr. Cairns is allowed by the by-laws to still be on the Skating Association Board because of a potential conflict of interest. Mr. Dorn said the actions were consistent with the 1991 agreement, and the lease is the security behind the action. The City Attorney had no issue with it. Mr. Chittenden said the facility is a tremendous asset to the community, and he would support the agreement. Mr. Kaufman moved to approve the consent agenda as presented. Mr. Chittenden seconded. Motion passed unanimously via a roll call vote. 6. Consider and possibly approve an amendment for FY22 for the Capital Improvement Plan Public Hearing: Mr. Chittenden moved to open the pubic hearing. Mr. Barritt seconded. Motion passed unanimously. Ms. Machar explained the nature of the Capital Improvement Plan (CIP) and noted that the first year of the plan is incorporated in the budget for FY 22. She also noted there have been some edits since the December presentation. These include: CITY COUNCIL 4 JANUARY 2021 PAGE 3 a.A reduction in vehicles for Public Works b.Reduction of one Police cruiser c.Reduction in paving The total reduction amount is $141,000.00, and the total amount from the CIP proposed for the FY22 budget is $2,500,000.00 which is significantly less than approved for FY 21. Mr. Hubbard then explained that the Council needs to pass an amendment for the CIP which can be done when the rest of the FY22 budget is discussed later on the Agenda. He also noted that there were some other cuts to the CIP including some tree removal and some Police IT funding. These reductions were added to future years in the CIP. Public comment was then solicited: Ms. Dooley asked about the $75,000 for an indoor recreation facility which the voters turned down. Mr. Hubbard explained that the CIP is a plan, and items in that plan may be “place holders” for future consideration. He stressed that nothing moves forward without the City Council ratifying it for that fiscal year’s budget. Ms. Blanchard then explained that the $75,000 represents the final payment for the initial feasibility study which was undertaken to be sure there was a good estimate to take to the voters. Mr. Hubbard added that this is not taxpayer money. There was no further public comment. Mr. Chittenden moved to close the public hearing. Mr. Barritt seconded. Motion passed unanimously. Members agreed to delay approval of the CIP until the further budget discussion. 7.Council review, discussion and possible approval of FY22 proposed Enterprise Funds Budget: Mr. Rabidoux introduced Joe Duncan of Champlain Water District (CWD) who then reviewed the CWD budget process. He advised that this year’s whole sale rate of 2.31 will be increased to 2.392 in FY22 (an 8 cent per gallon increase). This will cost the average user about $5.00 more per year. CITY COUNCIL 4 JANUARY 2021 PAGE 4 Mr. Barritt asked if there are any big capital jobs coming up. Mr. Duncan said there are jobs in Colchester (going on now) and one in Essex (will be built this summer). Because they received some loan forgiveness funding, there are some other projects that will be moved along including a tank repair. There will be a bond issue on the March ballot but that will have a net zero impact on the user rate. Mr. Rabidoux then provided an overview of the 3 utility funds (water, sewer, stormwater) and provided a chart of rates including proposed FY22 rates. The total increase for all three utilities for the average user will be about $14.50 for the year. Mr. Rabidoux explained that the increases in the sewer costs relate to chemicals needed for effluent phosphorus discharge. Mr. Rabidoux also noted that the Airport Parkway facility loan decreases by $367,000 in annual payment for the 2012 upgrade based on a retroactive grant to reduce the cost of the upgrade. That will be the amount to be paid throughout the remainder of the loan. The Stormwater increases reflect the unplanned expense of the Kimball Avenue bridge, of which the Town of Williston pays half. Mr. Rabidoux noted that some projects that were put off because of COVID this year will carry over to next year along with the funding for those projects. Ms. Sirvis felt that something should be done to encourage water conservation and make the water rate more equitable for those who use less. Mr. Dorn recognized Mr. Rabidoux for finding out how to advocate for the money to reduce the Airport Parkway loan. Ms. Emery asked about the increase in insurances in the Sewer Department. Mr. Hubbard said they did an in-depth analysis of all Enterprise Funds, and the new numbers are more reflective of actual costs. Salaries were also adjusted to remain competitive and to avoid losing good workers. 8.Council review, discussion and possible approval of FY2022 draft General Fund Budget: CITY COUNCIL 4 JANUARY 2021 PAGE 5 Mr. Hubbard said this has been one of the most challenging budgets to prepare, and he thanked all Department Managers for responding to the fiscal crisis. He also noted there will still be challenges in FY21. The proposed increase in the tax rate is 0.98. This assumes a 1% increase in the Grand List. It will result in a $13.01 increase for the year for the average condo and $18.76 for the year for the average single family home. A revenue decrease of $262,000 is anticipated, mainly from the local option taxes. Mr. Hubbard then outlined the cost drivers as follows: a.Agreements with bargaining units b.Health insurance c.Worker’s Compensation d.Property taxes e.Reduced interest rates on investments f.Local option tax income loss On the good side, the city has a new tenant at Gregory Drive and has retired the debt on the Public Works building. Mr. Hubbard noted some vacant positions will remain unfilled. These include: a.A patrol officer b.A firefighter c.A parks person d.Benefit administrator e.City Planner Several positions will also be merged with one person covering 2 positions. Department Managers then presented information regarding their budgets as follows: Community Library: Ms. Murray congratulated the City Council for this being the year of a new Library. CITY COUNCIL 4 JANUARY 2021 PAGE 6 Most of the added funding for the Library is for staffing. In order to be sensitive to the fiscal situation, the first half of the year will see the Library open only 40 hours a week (on 6 days). This results in the need for 1.5 additional people. In the second half of the year, they will be open more evenings and will then have a better idea of how much the Library is used in order to hire additional staff. This will include reservation of meeting rooms, book circulations, etc. There is a one-time budget item for two self-checkout machines (which reduces the number of needed staff). This money could come from a fund balance. Mr. Barritt asked about the impact of positions that will not be filled. Individual Department Heads were asked to respond to this in their presentations. Planning & Zoning: Mr. Conner said the absence of a City Planner means there are things that have to be continued, particularly in the area of long-range planning. This can be mitigated a bit with help from CCRPC. The ability to add new projects will also be affected (e.g., updating the official city map, new standards for energy, etc.). He stressed that there is a limited capacity for “implementation without rules.” Public Works: Mr. Rabidoux said beautification projects in the parks will be affected though regular maintenance will continue. They will also have to choose between replacing several pick-ups or one large truck. He stressed that relying on an aging fleet means more maintenance costs. Ms. Emery asked about costs for cleaning buildings. Mr. Hubbard said new custodians will be hired for the new building. A Facilities Manager will oversee all the city buildings and determine what to do (i.e. cleaning contracts to a city staff of cleaners). That Manager will also look at HVAC in all buildings. The maintenance contract line in the budget was replaced with costs for cleaning supplies, etc., in other line items. Ms. Emery asked about Financial Services. Mr. Hubbard said the Tax Assessor and Tax Collector positions will become one. There will still be someone to help Martha as there is now. There is some funding proposed for consulting when an appraisal is needed. CITY COUNCIL 4 JANUARY 2021 PAGE 7 Fire Department: Chief Francis noted that people move up one step in pay every year. The absence of one Firefighter will eventually catch up with them. They are down to 8 per shift with one person away on military duty as well. The Department relies on 700 mutual aid calls per year. There is also a chance that a responding team may not have a paramedic on board. The Chief said their biggest hit has been in training. Certification will run out in 2023, and this has to be budgeted for. Non-COVID calls are increasing. The Chief noted receiving 3 calls within an 18-minute period this morning and having to rely on mutual aid to address some of them. He also noted that an emergency occurring at the end of a shift means that members of the off-going shift respond to that call and receive time-and-a-half for the additional time. The Chief stressed that if the Department loses certifications, people may have to wait up to an hour and a half for other communities to respond. Police Department: Chief Burke said the vacancy they have now is in Youth Services, which does not result in operational concerns. They have the right allotment in various areas to close cases. He was confident they can get through 2022 with the 2 new patrol cars to serve the front line. Ms. Riehle repeated Mr. Chittenden’s praise for the locating of the hit-and-run driver. Ms. Emery asked how the debt service on the Police Station can be cut. She noted it went from $66,000 to $51,000. Mr. Hubbard explained it will continue to decrease over time until 2032. Chief Burke noted that in the FY23 CIP there is an addition for body-worn cameras. This will increase the annual cost for information storage estimated at $64,000 for year one and $24,000 a year for 4 years after that. If this becomes state law, the rates might improve. The Chief noted there will be policies related to body-worn cameras, and they are still waiting for the State to chime in on this. Recreation Department: Ms. Rees noted they do have the ability to hire a Senior Center Director, and they are prepping for that now. They anticipate a full-blown opening of the Senior Center. They are also researching a new, user-friendly registration platform. She did not see any issue in what the Department can provide for the community. CITY COUNCIL 4 JANUARY 2021 PAGE 8 Mr. Kaufman praised Department Heads and Senior Management for working so well together to make this budget work. He hoped they would all be in a better place 6 months from now. Mr. Kaufman then moved to approve for public vote the General Fund Budget, Capital Improvement Plan, and Enterprise Budgets as presented. Mr. Barritt seconded. The motion passed unanimously via a roll call vote. Mr. Hubbard stressed that the next time a major item such as a fire truck or ambulance is needed, it will have to be a separate ballot item because no money is being set aside for those expenses. Ms. Bugbee asked how the city will communicate the budget to the community. Mr. Dorn said there will be the traditional budget session the night before the vote and possibly a special mailing in conjunction with the School Board or separately. 9.Update on Voting Options for the 2021 South Burlington Annual Meeting and possible guidance/action from the City Council related to preferred options: Ms. Kinville said the School Board did not make a decision at its last meeting and postponed action till this Wednesday’s meeting. She had no idea what they are thinking, and Wednesday is absolutely the last day to get this information. Ms. Kinville said she also talked to the Postmaster. Because of the shortened turnaround time, it is anticipated that a lot of “mail-in” ballots will be dropped off at the polls. She asked the Postmaster if the City can just pay for what is mailed back. He is checking on this. The company that creates and stuffs the envelopes will need to have a list by 27 January. Ms. Kinville said she will start a media blitz when she has all the facts. 10.Council review and possible approval of Fire District #2 Land Transfer: Mr. Bolduc showed a map of the area under consideration. He noted that the Fire District had discovered land that they didn’t know they had. Mr. Bolduc indicated the land in question. He explained that this was the result of a “bad land transfer” which actually cut through someone’s property. The city has been working to take over those lands for a number of years and is now ready to move forward and accept the lands from the Fire district. CITY COUNCIL 4 JANUARY 2021 PAGE 9 Mr. Bolduc also explained that the private property owners have been contacted and will be provided quit claim deeds, if needed. Mr. Taylor said this has been a 5-year project. He thanked the city staff for helping the Fire District work through this issue. Mr. Barritt asked how many fire districts the city has. Mr. Taylor said there used to be 7, but there are now only 2, Queen City Park and Mayfair Park. Mr. Chittenden then moved to authorize the City Manager to complete the land transfer with Fire District #2 and Margaret Haas Slagle by: Conveying a portion of South Road and noticing the same in a paper of general circulation within the City; submitting lot line adjustment ap- plication; and following removal of all private encroachments, accepting conveyance of two parcels abutting the Potash Brook natural Area. Ms. Emery seconded. Motion passed unanimously via a roll call vote. 11.Council discussion and possible action on South Burlington/Winooski/Burlington Memorandum of Understanding related to the externalities created by operations at the Burlington International Airport located in South Burlington: Ms. Riehle noted that Winooski and Burlington will be voting on this tonight as well. The major intent of the Memorandum (MOU) has been to ensure that no more houses are torn down because of noise issues. All the parties desire a new noise compatibility process that indicates what each community is responsible for. Burlington will be adding a City Charter item to their ballot to provide a seat on the Airport Commission for the City of Winooski. Ms. Riehle also noted that thanks to Vermont Gas there is a funds match for noise mitigation. South Burlington is agreeing to explore potential land uses in the Airport area and also to look at roadway issues. The city would commit to the local share of future grants to be funded from local option taxes on fuel. Mr. Chittenden moved to approve the Memorandum of Understanding as presented. Mr. Barritt seconded. Ms. Emery expressed concern that the language still mostly says “explore” and “depending on.” The only definite thing is that the Airport now has access to the city’s jet fuel tax. She would CITY COUNCIL 4 JANUARY 2021 PAGE 10 like the Airport to commit to using Airport revenue for the local match. She said she would support the motion, but did not think the Airport has committed to a reasonable policy. In the roll call vote that followed, the motion passed unanimously. 12.Council Appointment of members to a City Manager Applicant Review Committee and direction to the Committee: Ms. Riehle presented the list of potential committee members as follows: Linda McGinnis Donna Kinville Bob Britt Peter Taylor Diane Bugbee Bernie Gagnon Katy Langrock Paul Conner Helen Riehle Ms. Riehle said that a matrix is being developed to evaluate characteristics related to job requirements. The committee will provide the City Council with 2 or 3 candidates to review and make a final decision. Mr. Dorn noted that 11 applications have been received. He has not seen them. Mr. Chittenden moved to approve the City Manager Applicant Review Committee members as presented. Ms. Emery seconded. Motion passed unanimously. 13.City Council discussion of options related to legalization of various cannabis retail options and possible referral of issue to the Economic Development Committee: Ms. Riehle said the city isn’t ready to put this on the March ballot. She suggested letting the Economic Development Committee look at it and provide the Council with a pros/cons evaluation. CITY COUNCIL 4 JANUARY 2021 PAGE 11 Mr. Barritt asked about the potential for local revenue. Mr. Dorn said that would be only from the local option tax. He didn’t know how much could be estimated. There will be a Cannabis Control Board. A lot of the regulations haven’t even been talked about yet, and a lot of unanswered questions remain. Members agreed there was no reason deal with this quickly. 14.November Financials: Mr. Hubbard said that 42% of the way through the fiscal year the city has received 38% of revenues (which is a concern) and is at 33% of expenditures. Building and sign permits are at only 11% when they should be at 40%. Fire inspections are at only 17%. Interest on investments has gone down 7%. The hope is that with the payments from the local option taxes, the numbers will increase in February. Mr. Barritt asked whether there were many people who didn’t pay the December property tax payments. Mr. Hubbard said that there was a very good return in December, nothing unusual. 15.Councilors’ Reports from Committee Assignments: There were no committee reports presented. 16.Other Business: Mr. Chittenden said the old Pizza Hut building is an eyesore and asked what can be done. Mr. Dorn said he would look into the city’s authority. Mr. Barritt said the house on Dorset Street is almost falling down. Mr. Dorn will check on who owns it and has been paying taxes on it. Ms. Riehle wished Mr. Chittenden good luck as he takes up his seat in the State Senate. As there was no further business to come before the Council, Mr. Chittenden moved to adjourn. Mr. Kaufman seconded. Motion passed unanimously. The meeting was adjourned at 10:00 p.m. __________________________, Clerk RESOLUTION CONDEMNING THE STORMING OF THE CAPITOL AND CALLING ON CONGRESS TO ACT TO BAR INSTIGATORS FROM HOLDING POSITIONS OF POWER OR THE PUBLIC TRUST WHEREAS, on January 6, 2021, President Donald J. Trump addressed thousands of supporters, urging them to go to the U.S. Capitol in support of his false claim that he won the 2020 presidential election; and, WHEREAS, the President’s supporters marched to the Capitol and violently stormed the building, attacking police officers, ransacking offices, terrorizing members of Congress, forcing the stoppage of the certification of President-elect Biden’s electoral victory, and six people died as a result of the violence; and, WHEREAS, the actions of this mob were not just criminal and lawless, they constituted a direct attack upon our democracy; and, WHEREAS, this attack was instigated by President Donald J. Trump, who is attempting to overturn the results of a fair and free election that he lost in order to keep himself in power; and, WHEREAS, members of Congress called upon the public to protest the certification of President-elect Biden’s electoral victory in an attempt to overturn the results of a fair and free election; and, WHEREAS, Governor Phil Scott forcefully stated that “The fabric of our democracy and the principles of our republic are under attack by the President” and called for President Trump to resign or be removed from office; and, WHEREAS, the Vermont Senate and House of Representatives passed a resolution condemning the attack and repeating Governor Phil Scott’s call for President Trump to resign or be removed from office. NOW, THEREFORE, BE IT RESOLVED that the South Burlington City Council condemns the storming of the U.S. Capitol on January 6, 2021 as an attack on democracy. BE IT FURTHER RESOLVED that the South Burlington City Council condemns the actions taken by President Donald J. Trump and other public officials who violated their oath of office by inciting violence against the Government of the United States in order to overturn a fair and free election, the bedrock of American democracy. BE IT FURTHER RESOLVED that the South Burlington City Council calls for President Donald J. Trump and the public officials who seconded his efforts to be barred from national or state office, the role as elector of President or Vice President, or any office, civil or military, under the United States, or under any state, by the Congress or through proceedings of a court of law. BE IT FURTHER RESOLVED that the Secretary of State be directed to send a copy of this resolution to Senate Majority Leader Charles Schumer, Senate Minority Leader Mitch McConnell, Speaker of the House Nancy Pelosi, and House Minority leader Kevin McCarthy, and the Vermont Congressional Delegation. DATED this day ______ of ____________ , 2021. SOUTH BURLINGTON CITY COUNCIL ________________________________________________ Helen Riehle, South Burlington City Council Chair ________________________________________________ Meaghan Emery, South Burlington City Council Vice-Chair ________________________________________________ Tim Barritt, South Burlington City Council Clerk ________________________________________________ Thomas Chittenden ________________________________________________ David Kaufman TO: Kevin Dorn, City Manager FROM: Cc: Ilona Blanchard, Community Development Director Andrew Bolduc SUBJECT: Public Hearing on a proposal to bring the question to the voters at the South Burlington Annual meeting on March 2, 2021 of authorizing the City to incur debt under the Tax Increment Financing program to finance the completion of the connection of Garden Street to Dorset Street on the west and Garden Street to Midas Drive on the north as well as potential additional improvements at the White Street/Williston Road intersection and the Hinesburg Road/Williston Road intersection - Ilona Blanchard, Director of Community Development. (Warned for 7:00 PM) DATE: January 15, 2021 BACKGROUND: This Public Hearing is to obtain public comment regarding placing a question on the March 2nd ballot regarding authorizing TIF District financing to build portions of Garden Street and fund related costs. Garden Street is a planned road that runs from Dorset Street (between Trader Joe’s and Healthy Living) to Midas Drive. The project also includes the White Street/Midas Drive to Hinesburg Road/Patchen Road Williston Road upgrades. The ballot question, if approved, would fund the Dorset end segment or West end (A on the attached diagram) and the Connector segment (C on the attached diagram) connecting the already built portion north of Market Street through Midas Drive to Williston Road. In addition to the roadway connection, funding would provide pedestrian and bicycle facilities, street lights, landscaping, stormwater, and utilities. Where the roadway exists today (by Dorset and on Midas), this project involves curb work, the addition of pedestrian/bicycle facilities, lighting and utility work. Background, Continued, Page 2 This project is entirely TIF District financing eligible. South Burlington City Center, LLC (South Burlington Realty) is in the process of building the section on their property as part of a larger development. They have completed the part north of Market Street, and built the stormwater and utility infrastructure for the part south of Market Street. The ballot question also includes the authorization of direct payment of TIF District increment to reimburse the City for expenditures that are classified by the TIF Statute as related costs. These expenditures are for administering the TIF District, such as education and outreach, legal, and audits. The language in the ballot item also references the whole project, not just the west and connector segments. This is so that if costs come in under a bonded amount, bond funds may offset costs for the third segment. DEBT AUTHORIZATION The draft ballot question (see attached) authorizes general obligation debt against the full faith and credit of the City for TIF District financing in the amount of ($4,002,550) which includes the roadway and related costs. Any debt secured under this authorization will not raise the tax rate. TIF District Financing increment is the primary source that would service this debt authorization. Should development not occur in the TIF District or insufficient development over the life of the TIF District, and increment not be generated, the City will still be responsible for making payments on the debt. The requested authorization number is a ceiling of debt that may be sought for the Garden Street project should it be approved by voters. FINANCING MODEL This project is anticipated to be funded with primarily TIF District Financing. Some of the design costs have been funded with Impact Fees as cash on hand and may continue to do so. This is modeled at $650,000 for this portion of the project. The Financing Model (attached) has three sets of projections: •Estimated debt service sought (tan) with this question, authorized debt service for TIF (orange) and for the City Background, Continued, Page 3 Share of 180 Market Street (lilac – funded with Reserve Funds) •TIF Increment Fund Model - estimate of TIF debt service versus total estimated TIF increment – revenues - from Malone, Black Bay, and the South Burlington City Center, LLC projects (green). •Reserve Fund - relative to TIF debt, this provides cash solvency as TIF District development occurs (lilac). The primary function is to servicing the City share of debt for 180 Market Street (also lilac). The Garden Street debt modeled is an 18-year term at 1.78% with five year delayed principal payments. This will be remodeled prior to any debt being sought. ATTACHMENT: •Project Overview location map and plan excerpt •Necessity Resolution and attachments (Draft Annual Meeting Warning and Draft Official Ballot) •Financing Model with estimated debt service schedule RECOMMENDATION: Once the public hearing has closed, consider passing a motion: “Move that the Council approve the necessity resolution to submit to the voters the question whether to incur bonded debt for the Garden Street Project and related costs.” ADDITIONAL CONSIDERATION If a question is to go on the ballot, it must be approved in sufficient time for the ballots to be printed and distributed. A C B D Garden Street west end Garden Street connector A West End •Curb improvements •Shared use path/streetscape •Water Connection C Connection •Full construction •Match existing section to south •Curb work/streetscape on Midas NECESSITY RESOLUTION FOR INCURRING BONDED DEBT FOR GARDEN STREET AND WILLISTON ROAD IMPROVEMENTS IN THE CITY CENTER TAX INCREMENT FINANCING DISTRICT WHEREAS, the City of South Burlington is a lawfully constituted and existing political subdivision and municipality of the State of Vermont; and, WHEREAS, the City desires to make public infrastructure improvements for the connection of Garden Street to Dorset Street on the west and Garden Street to Midas Drive on the north as well as potential additional improvements at the White Street/Williston Road intersection and the Hinesburg Road/Williston Road intersection and to pay TIF District related costs (the “Work”); and WHEREAS, the public interest and necessity of the City of South Burlington require the Work to be performed; and WHEREAS, it is estimated that the total cost of the Work shall be Four Million Two Thousand Five Hundred Fifty Dollars ($4,002,550); and, WHEREAS, the cost of the Work ($4,002,550), after application of available funds from the United States of America and/or the State of Vermont, is too great to be paid out of the ordinary annual income and revenue of the City of South Burlington; and, NOW THEREFORE BE IT RESOLVED, that the issuance of notes or other obligations of the City of South Burlington for costs associated with the Work, in an amount not to exceed Four Million Two Thousand Five Hundred Fifty Dollars ($4,002,550), shall be submitted to the voters of the City of South Burlington; and BE IT FURTHER RESOLVED, that the proposition of incurring bonded debt for the purpose of paying for the Work should be submitted to the qualified voters of the City of South Burlington as follows: Shall the City Council be authorized to pledge the credit of the City and to borrow up to Four Million Two Thousand Five Hundred Fifty Dollars ($4,002,550) in order to build Vermont Economic Progress Council-approved City Center Tax Increment Financing District (TIF District) public infrastructure and capital improvements, specifically: engineering and construction of the Garden Street Project between Dorset Street and Williston Road and the upgrade of intersections at White Street/Midas Drive and Hinesburg Road/Patchen Road together with associated site work and project costs, and to pay related costs, specifically, approval for reimbursement of TIF eligible related costs incurred in the establishment, implementation and administration of the TIF District? To date, the cumulative amount of voter approved City Center TIF debt is $25,400,000. BE IT FURTHER RESOLVED, that a vote on said proposition shall be conducted by Australian Ballot at the Annual City Meeting to be held on March 2, 2021 at the customary and usual polling places in the City at which meeting the polls will open at 7:00 o’clock in the forenoon and close at 7:00 o’clock in the afternoon; and BE IT FURTHER RESOLVED, that the Warning for the above mentioned City Meeting shall be published in the Other Paper on February 11, 18, and 25, 2021 and that the Warning for such Meeting shall be posted in at least five public places in the City of South Burlington for two weeks immediately preceding such Meeting, and in or near the City Clerk’s office. The Warning shall also be posted on the City’s website; and BE IT FURTHER RESOLVED, that the form of warning and of ballot, attached to this Necessity Resolution as Exhibit A and B respectively, are hereby approved. Dated at South Burlington, Vermont this 19th day of January, 2021. ______________________ ______________________ Helen Riehle, Chair Meaghan Emery, Vice Chair ______________________ _______________________ Tim Barritt, Clerk Thomas Chittenden _______________________ David Kaufman Received and recorded this ___ day of January, 2021. __________________________________________ Donna Kinville, City Clerk WARNING CITY OF SOUTH BURLINGTON SPECIAL CITY MEETING MARCH 2, 2021 The legal voters of the City of South Burlington are hereby notified and warned to meet at their respective polling places at the Chamberlin School on White Street, the Frederick H. Tuttle Middle School on Dorset Street and the Orchard School on Baldwin Avenue on Tuesday, March 2, 2021 at 7 o’clock in the forenoon, at which time the polls will open until 7 o’clock in the evening, at which time the polls will close, to vote by Australian Ballot on the following Articles: ARTICLE I ELECTION OF CITY OFFICERS AND CITY COUNCILORS To elect all City Officers and City Councilors required by law. ARTICLE II ANNUAL CITY BUDGET Shall the City adopt the City Council’s proposed budget for FY 2022 totaling fifty million, six hundred ninety eight thousand, four hundred thirty dollars and seventy seven cents ($50,698,430.77) of which it is estimated seventeen million, three hundred ninety eight thousand, four hundred four dollars and fifty six cents ($17,398,404.56) will be raised by local property taxes? ARTICLE III TIF FINANCING Shall the City Council be authorized to pledge the credit of the City and to borrow up to Four Million Two Thousand Five Hundred Fifty Dollars ($4,002,550) in order to build Vermont Economic Progress Council-approved City Center Tax Increment Financing District (TIF District) public infrastructure and capital improvements, specifically: engineering and construction of the Garden Street Project between Dorset Street and Williston Road and the upgrade of intersections at White Street/Midas Drive and Hinesburg Road/Patchen Road together with associated site work and project costs, and to pay related costs, specifically, approval for reimbursement of TIF eligible related costs incurred in the establishment, implementation and administration of the TIF District? To date, the cumulative amount of voter approved City Center TIF debt is $25,400,000. The legal voters of the City of South Burlington are further warned and notified that a virtual public information meeting will be held to discuss Articles I, II, and III on Monday, March 1, 2021 on Zoom. The link is below: https://sbschools.zoom.us/j/86018631826?pwd=YUpGc0Nmc2lWNGdWVlNCWHhWSUxXZz 09 Passcode: 0301Hear Or iPhone one-tap : US: +16465189805,,86018631826#,,,,*48403070# or +16468769923,,86018631826#,,,,*48403070# Or Telephone: Dial(for higher quality, dial a number based on your current location): US: +1 646 518 9805 or +1 646 876 9923 or +1 651 372 8299 or +1 786 635 1003 or +1 267 831 0333 or +1 301 715 8592 or +1 312 626 6799 or +1 470 250 9358 or +1 470 381 2552 or +1 669 219 2599 or +1 669 900 6833 or +1 720 928 9299 or +1 971 247 1195 or +1 213 338 8477 or +1 253 215 8782 or +1 346 248 7799 or +1 408 638 0968 or +1 602 753 0140 Webinar ID: 860 1863 1826 Passcode: 48403070 POLLING PLACES FOR VOTING ON THESE ARTICLES ARE THE CHAMBERLIN SCHOOL ON WHITE STREET, THE FREDERICK H. TUTTLE MIDDLE SCHOOL ON DORSET STREET AND THE ORCHARD SCHOOL ON BALDWIN AVENUE. VOTERS ARE TO GO TO THE POLLING PLACE IN THEIR RESPECTIVE DISTRICT. The legal voters of the City of South Burlington are further notified that voter qualification, registration and absentee voting relative to said annual meeting shall be as provided by the Vermont Statutes Annotated. Dated at South Burlington, Vermont, this ____ day of January, 2021. ______________________ ______________________ Helen Riehle, Chair Meaghan Emery, Vice Chair ______________________ _______________________ Tim Barritt, Clerk Thomas Chittenden _______________________ David Kaufman Received and recorded this ___ day of January, 2021. __________________________________________ Donna Kinville, City Clerk Exhibit B OFFICIAL BALLOT ARTICLE III Shall the City Council be authorized to pledge the credit of the City and to borrow up to Four Million Two Thousand Five Hundred Fifty Dollars ($4,002,550) in order to build Vermont Economic Progress Council-approved City Center Tax Increment Financing District (TIF District) public infrastructure and capital improvements, specifically: engineering and construction of the Garden Street Project between Dorset Street and Williston Road and the upgrade of intersections at White Street/Midas Drive and Hinesburg Road/Patchen Road together with associated site work and project costs, and to pay related costs, specifically, approval for reimbursement of TIF eligible related costs incurred in the establishment, implementation and administration of the TIF District? To date, the cumulative amount of voter approved City Center TIF debt is $25,400,000. YES (_____) NO (_____) FINANCING MODEL FOR QUESTION RELATED TO AUTHORIZING TIF DISTRICT FINANCING FOR GARDEN STREET WEST, CONNECTOR, AND RELATED COSTSJuly 1 2017 ‐ June 30 20181 2 34567891011121314TIF DISTRICT FUND PROJECTION 2018 (FY) 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031ANNUAL EXPENDITURESProposed TIF Bond Estimated Payment ($3.52M, 18 Years at 1.78%‐ Garden Street)45,401$       54,301$       54,301$       54,301$       54,301$       324,472$      322,757$      320,755$     318,465$     315,888$    TIF Bond Payment ($5M ‐ Market St. CC Park 3.39%)134,661$       162,133$         162,133$       162,133$     162,133$     162,133$     491,383$     482,933$     473,983$     464,533$      454,583$      444,250$     433,567$     422,567$    TIF Bond Payment ($5M ‐ 180 Market St 1.9%)71,374$       87,100$       87,100$       87,100$       87,100$       502,413$     499,434$      495,913$      491,042$     484,240$     475,954$    TIF Bond Payment ($0.43M ‐ 180 Mkt Estimated)6,124$          7,473$          7,473$          7,473$          7,473$           43,107$        42,851$        42,549$       42,131$       41,548$      Related Costs Direct Reimbursement $480,100ANNUAL INCOME (INCREMENT)(INCREMENT MODEL: DEVELOPMENT TO DATE AND SNYDER‐BRAVERMAN OPTION ON SOUTH BURLINGTON CITY CENTER, LLC PROPERTY ONLY)Projected TIF Increment72,940$         84,928$            153,820$       264,380$     264,380$     323,831$     468,439$     606,429$     792,134$     1,117,544$   1,186,136$   1,278,020$  1,360,334$  1,615,266$ TIF FUND Annual Increment minus Annual TIF Expenditures(61,721)$        (77,205)$          (8,314)$          30,873$       (36,378)$      12,824$       (171,818)$    (25,378)$      (246,035)$    (214,002)$     (129,969)$     (20,576)$      81,930$       359,308$    TIF Fund Balance‐ Cumulative Increment minus Expenditures(61,721)$        (138,926)$        (147,240)$      (116,367)$    (152,745)$    (139,921)$    (311,738)$    (337,116)$    (583,152)$    (797,154)$     (927,123)$     (947,699)$    (865,768)$    (506,460)$   RESERVE FUND PROJECTIONPayment on 180 Market Street Bond ‐ ($14,000,000) 583,452$       926,056$     917,423$     908,626$     899,596$     890,239$     877,532$     867,452$      859,308$      846,624$     832,620$     817,496$    TIF Bond Payment (2nd 180 Market St ‐Estimated at .97M, 15 years, 2.18%) 15,609$       82,985$       82,091$       81,178$       80,239$       79,274$        78,272$        77,220$       76,119$       74,969$      Annual Transfer to CC Reserve Fund 750,000$         860,000$       750,000$     860,000$     860,000$     860,000$     860,000$     860,000$     860,000$      860,000$      860,000$     860,000$     860,000$    Cumulative City Center Reserve Fund Balance2,700,000$    3,450,000$      3,726,548$    3,158,000$  3,084,968$  2,953,357$  2,831,670$  2,720,252$  2,622,481$  2,535,755$   2,458,175$   2,394,331$  2,345,592$  2,313,127$ CASH CUSHION (Reserve + TIF Recievable) Modeled2,638,279$    3,311,074$      3,579,308$    3,041,633$  2,932,223$  2,813,436$  2,519,931$  2,383,136$  2,039,329$  1,738,601$   1,531,053$   1,446,633$  1,479,824$  1,806,667$ Increase in Transfer to Reserve:  None RequiredIncrease in property tax rate: 0Total TIF Debt authorized to date (180 Market, CC Park, Market Street):10,430,000$  Proposed Garden Street TIF Debt: 3,522,450$     Proposed Related Cost  (Catagorized as TIF Debt): 480,100$        Total: 14,432,550$   Bond CalculationA and C Cost Estimate 4,172,450.00$     Additional Funding Source: Impact Fees650,000.00$         Remainder Est. Costs: 3,522,450.00$     Garden Street Bond Amount  3,522,450.00$     Estimated VT Muni Bond Payment ScheduleInterest:  1.78% 18 Year term (13 year principal payments)Related CostsTo date1 103,200$        103,200$      NOTE:  Related Costs are classified as debt,although these areEst. Add'l legal work ‐ vote & debt5 8,000$             40,000$         costs related to the TIF District that the City intends to reimburseEst. Annual Audit19 5,100$             96,900$         directly from the TIF District Increment Funds (not a bond).Est. State Audit3 80,000$           240,000$      480,100$      Bond Estimate 3,522,450$        Related Cost Estimate 480,100$            Total Authorization: 4,002,550$     15 16 17 18 19 202032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049Total Debt Payment313,024$      309,554$      305,230$      300,182$      294,513$      288,303$      281,634$      274,578$       3,957,382.41$   411,300$      399,783$      388,050$      376,117$      364,017$      351,800$      339,500$      ‐$               7,243,694.24$   466,936$      457,398$      448,088$      439,332$      430,384$      425,855$      ‐$               ‐$               6,036,760.44$   40,837$        40,063$        39,245$        38,446$        37,695$        36,927$        36,538$        ‐$               517,954.05$       364,400$      5,100$           5,100$           5,100$           5,100$           5,100$           5,100$           85,100$          480,100.00$       Last year of Increment collection2,067,466$   2,242,700$   2,286,213$   2,523,714$   2,572,676$   2,622,592$   ‐$               ‐$               Total estimated increment for Development to date and South Burlington City Center, LLC.23,903,942$    470,968$      1,030,802$   1,100,500$   1,364,537$   1,440,968$   1,514,607$   (662,773)$     (359,678)$      Total Estimated TIF Debt Payment:18,235,891$    (35,491)$       995,310$      2,095,811$   3,460,348$   4,901,316$   6,415,924$   5,753,151$   5,393,474$    Estimated TIF Increment Balance at end of TIF District:5,393,474$      Reserve Fund Debt Service (lilac)continues below:801,487$      784,733$      767,387$      749,850$      732,140$      714,299$      696,449$      678,394$        660,695$              643,102$      625,159$      607,215$      589,272$      571,329$       552,788$       533,650$      514,512$          495,374$     73,770$        72,453$        70,967$        69,336$        67,581$        65,717$       860,000$      860,000$      860,000$      860,000$      860,000$      860,000$      860,000$      860,000$        860,000$              860,000$      860,000$      860,000$      860,000$      860,000$       860,000$       860,000$      860,000$          860,000$     2,297,870$   2,300,684$   2,322,330$   2,363,144$   2,423,424$   2,503,408$   2,666,959$   2,848,565$     3,047,870$           3,264,768$   3,499,609$   3,752,394$   4,023,122$   4,311,793$    4,619,005$    4,945,355$   5,290,843$       5,655,469$  Reserve Fund Estimated Balance (grape)2,262,379$   3,295,994$   4,418,141$   5,823,492$   7,324,740$   8,919,332$  continued from above:2050 2051Payment on 180 Market Street Bond ‐ ($14,000,000) 476,226$          572,359$     TIF Bond Payment (2nd 180 Market St ‐Estimated at .97M, 15 years, 2.18%)Annual Transfer to CC Reserve Fund 860,000$          860,000$     Cumulative City Center Reserve Fund Balance6,039,243$       6,326,884$   A C B D Garden Street west end Garden Street connector A West End •Curb improvements •Shared use path/streetscape •Water Connection C Connection •Full construction •Match existing section to south •Curb work/streetscape on Midas Proposed Question on TIF District Financing: Shall the City Council be authorized to pledge the credit of the City and to borrow up to Four Million Two Thousand Five Hundred Fifty Dollars ($4,002,550) in order to build Vermont Economic Progress Council-approved City Center Tax Increment Financing District (TIF District) public infrastructure and capital improvements, specifically: engineering and construction of the Garden Street Project between Dorset Street and Williston Road and the upgrade of intersections at White Street/Midas Drive and Hinesburg Road/Patchen Road together with associated site work and project costs, and to pay related costs, specifically, approval for reimbursement of TIF eligible related costs incurred in the establishment, implementation and administration of the TIF District? To date, the cumulative amount of voter approved City Center TIF debt is $25,400,000. FINANCING MODEL FOR QUESTION RELATED TO AUTHORIZING TIF DISTRICT FINANCING FOR GARDEN STREET WEST, CONNECTOR, AND RELATED COSTSJuly 1 2017 ‐ June 30 20181 2 34567891011121314TIF DISTRICT FUND PROJECTION 2018 (FY) 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031ANNUAL EXPENDITURESProposed TIF Bond Estimated Payment ($3.52M, 18 Years at 1.78%‐ Garden Street)45,401$       54,301$       54,301$       54,301$       54,301$       324,472$      322,757$      320,755$     318,465$     315,888$    TIF Bond Payment ($5M ‐ Market St. CC Park 3.39%)134,661$       162,133$         162,133$       162,133$     162,133$     162,133$     491,383$     482,933$     473,983$     464,533$      454,583$      444,250$     433,567$     422,567$    TIF Bond Payment ($5M ‐ 180 Market St 1.9%)71,374$       87,100$       87,100$       87,100$       87,100$       502,413$     499,434$      495,913$      491,042$     484,240$     475,954$    TIF Bond Payment ($0.43M ‐ 180 Mkt Estimated)6,124$          7,473$          7,473$          7,473$          7,473$           43,107$        42,851$        42,549$       42,131$       41,548$      Related Costs Direct Reimbursement $480,100ANNUAL INCOME (INCREMENT)(INCREMENT MODEL: DEVELOPMENT TO DATE AND SNYDER‐BRAVERMAN OPTION ON SOUTH BURLINGTON CITY CENTER, LLC PROPERTY ONLY)Projected TIF Increment72,940$         84,928$            153,820$       264,380$     264,380$     323,831$     468,439$     606,429$     792,134$     1,117,544$   1,186,136$   1,278,020$  1,360,334$  1,615,266$ TIF FUND Annual Increment minus Annual TIF Expenditures(61,721)$        (77,205)$          (8,314)$          30,873$       (36,378)$      12,824$       (171,818)$    (25,378)$      (246,035)$    (214,002)$     (129,969)$     (20,576)$      81,930$       359,308$    TIF Fund Balance‐ Cumulative Increment minus Expenditures(61,721)$        (138,926)$        (147,240)$      (116,367)$    (152,745)$    (139,921)$    (311,738)$    (337,116)$    (583,152)$    (797,154)$     (927,123)$     (947,699)$    (865,768)$    (506,460)$   RESERVE FUND PROJECTIONPayment on 180 Market Street Bond ‐ ($14,000,000) 583,452$       926,056$     917,423$     908,626$     899,596$     890,239$     877,532$     867,452$      859,308$      846,624$     832,620$     817,496$    TIF Bond Payment (2nd 180 Market St ‐Estimated at .97M, 15 years, 2.18%) 15,609$       82,985$       82,091$       81,178$       80,239$       79,274$        78,272$        77,220$       76,119$       74,969$      Annual Transfer to CC Reserve Fund 750,000$         860,000$       750,000$     860,000$     860,000$     860,000$     860,000$     860,000$     860,000$      860,000$      860,000$     860,000$     860,000$    Cumulative City Center Reserve Fund Balance2,700,000$    3,450,000$      3,726,548$    3,158,000$  3,084,968$  2,953,357$  2,831,670$  2,720,252$  2,622,481$  2,535,755$   2,458,175$   2,394,331$  2,345,592$  2,313,127$ CASH CUSHION (Reserve + TIF Recievable) Modeled2,638,279$    3,311,074$      3,579,308$    3,041,633$  2,932,223$  2,813,436$  2,519,931$  2,383,136$  2,039,329$  1,738,601$   1,531,053$   1,446,633$  1,479,824$  1,806,667$ Increase in Transfer to Reserve:  None RequiredIncrease in property tax rate: 0Total TIF Debt authorized to date (180 Market, CC Park, Market Street):10,430,000$  Proposed Garden Street TIF Debt: 3,522,450$     Proposed Related Cost  (Catagorized as TIF Debt): 480,100$        Total: 14,432,550$   Bond CalculationA and C Cost Estimate 4,172,450.00$     Additional Funding Source: Impact Fees650,000.00$         Remainder Est. Costs: 3,522,450.00$     Garden Street Bond Amount  3,522,450.00$     Estimated VT Muni Bond Payment ScheduleInterest:  1.78% 18 Year term (13 year principal payments)Related CostsTo date1 103,200$        103,200$      NOTE:  Related Costs are classified as debt,although these areEst. Add'l legal work ‐ vote & debt5 8,000$             40,000$         costs related to the TIF District that the City intends to reimburseEst. Annual Audit19 5,100$             96,900$         directly from the TIF District Increment Funds (not a bond).Est. State Audit3 80,000$           240,000$      480,100$      Bond Estimate 3,522,450$        Related Cost Estimate 480,100$            Total Authorization: 4,002,550$     15 16 17 18 19 202032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 2047 2048 2049Total Debt Payment313,024$      309,554$      305,230$      300,182$      294,513$      288,303$      281,634$      274,578$       3,957,382.41$   411,300$      399,783$      388,050$      376,117$      364,017$      351,800$      339,500$      ‐$               7,243,694.24$   466,936$      457,398$      448,088$      439,332$      430,384$      425,855$      ‐$               ‐$               6,036,760.44$   40,837$        40,063$        39,245$        38,446$        37,695$        36,927$        36,538$        ‐$               517,954.05$       364,400$      5,100$           5,100$           5,100$           5,100$           5,100$           5,100$           85,100$          480,100.00$       Last year of Increment collection2,067,466$   2,242,700$   2,286,213$   2,523,714$   2,572,676$   2,622,592$   ‐$               ‐$               Total estimated increment for Development to date and South Burlington City Center, LLC.23,903,942$    470,968$      1,030,802$   1,100,500$   1,364,537$   1,440,968$   1,514,607$   (662,773)$     (359,678)$      Total Estimated TIF Debt Payment:18,235,891$    (35,491)$       995,310$      2,095,811$   3,460,348$   4,901,316$   6,415,924$   5,753,151$   5,393,474$    Estimated TIF Increment Balance at end of TIF District:5,393,474$      Reserve Fund Debt Service (lilac)continues below:801,487$      784,733$      767,387$      749,850$      732,140$      714,299$      696,449$      678,394$        660,695$              643,102$      625,159$      607,215$      589,272$      571,329$       552,788$       533,650$      514,512$          495,374$     73,770$        72,453$        70,967$        69,336$        67,581$        65,717$       860,000$      860,000$      860,000$      860,000$      860,000$      860,000$      860,000$      860,000$        860,000$              860,000$      860,000$      860,000$      860,000$      860,000$       860,000$       860,000$      860,000$          860,000$     2,297,870$   2,300,684$   2,322,330$   2,363,144$   2,423,424$   2,503,408$   2,666,959$   2,848,565$     3,047,870$           3,264,768$   3,499,609$   3,752,394$   4,023,122$   4,311,793$    4,619,005$    4,945,355$   5,290,843$       5,655,469$  Reserve Fund Estimated Balance (grape)2,262,379$   3,295,994$   4,418,141$   5,823,492$   7,324,740$   8,919,332$  continued from above:2050 2051Payment on 180 Market Street Bond ‐ ($14,000,000) 476,226$          572,359$     TIF Bond Payment (2nd 180 Market St ‐Estimated at .97M, 15 years, 2.18%)Annual Transfer to CC Reserve Fund 860,000$          860,000$     Cumulative City Center Reserve Fund Balance6,039,243$       6,326,884$   WARNING CITY OF SOUTH BURLINGTON SPECIAL CITY MEETING MARCH 2, 2021 The legal voters of the City of South Burlington are hereby notified and warned to meet at their respective polling places at the Chamberlin School on White Street, the Frederick H. Tuttle Middle School on Dorset Street and the Orchard School on Baldwin Avenue on Tuesday, March 2, 2021 at 7 o’clock in the forenoon, at which time the polls will open until 7 o’clock in the evening, at which time the polls will close, to vote by Australian Ballot on the following Articles: ARTICLE I ELECTION OF CITY OFFICERS AND CITY COUNCILORS To elect all City Officers and City Councilors required by law. ARTICLE II ANNUAL CITY BUDGET Shall the City adopt the City Council’s proposed budget for FY 2022 totaling fifty million, six hundred ninety eight thousand, four hundred thirty dollars and seventy seven cents ($50,698,430.77) of which it is estimated seventeen million, three hundred ninety eight thousand, four hundred four dollars and fifty six cents ($17,398,404.56) will be raised by local property taxes? ARTICLE III TIF FINANCING Shall the City Council be authorized to pledge the credit of the City and to borrow up to Four Million Two Thousand Five Hundred Fifty Dollars ($4,002,550) in order to build Vermont Economic Progress Council-approved City Center Tax Increment Financing District (TIF District) public infrastructure and capital improvements, specifically: engineering and construction of the Garden Street Project between Dorset Street and Williston Road and the upgrade of intersections at White Street/Midas Drive and Hinesburg Road/Patchen Road together with associated site work and project costs, and to pay related costs, specifically, approval for reimbursement of TIF eligible related costs incurred in the establishment, implementation and administration of the TIF District? To date, the cumulative amount of voter approved City Center TIF debt is $25,400,000. The legal voters of the City of South Burlington are further warned and notified that a virtual public information meeting will be held to discuss Articles I, II, and III on Monday, March 1, 2021 on Zoom. The link is below: https://sbschools.zoom.us/j/86018631826?pwd=YUpGc0Nmc2lWNGdWVlNCWHhWSUxXZz 09 Passcode: 0301Hear Or iPhone one-tap : US: +16465189805,,86018631826#,,,,*48403070# or +16468769923,,86018631826#,,,,*48403070# Or Telephone: Dial(for higher quality, dial a number based on your current location): US: +1 646 518 9805 or +1 646 876 9923 or +1 651 372 8299 or +1 786 635 1003 or +1 267 831 0333 or +1 301 715 8592 or +1 312 626 6799 or +1 470 250 9358 or +1 470 381 2552 or +1 669 219 2599 or +1 669 900 6833 or +1 720 928 9299 or +1 971 247 1195 or +1 213 338 8477 or +1 253 215 8782 or +1 346 248 7799 or +1 408 638 0968 or +1 602 753 0140 Webinar ID: 860 1863 1826 Passcode: 48403070 POLLING PLACES FOR VOTING ON THESE ARTICLES ARE THE CHAMBERLIN SCHOOL ON WHITE STREET, THE FREDERICK H. TUTTLE MIDDLE SCHOOL ON DORSET STREET AND THE ORCHARD SCHOOL ON BALDWIN AVENUE. VOTERS ARE TO GO TO THE POLLING PLACE IN THEIR RESPECTIVE DISTRICT. The legal voters of the City of South Burlington are further notified that voter qualification, registration and absentee voting relative to said annual meeting shall be as provided by the Vermont Statutes Annotated. Dated at South Burlington, Vermont, this ____ day of January, 2021. ______________________ ______________________ Helen Riehle, Chair Meaghan Emery, Vice Chair ______________________ _______________________ Tim Barritt, Clerk Thomas Chittenden _______________________ David Kaufman Received and recorded this ___ day of January, 2021. __________________________________________ Donna Kinville, City Clerk