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HomeMy WebLinkAboutAgenda - City Council - 06/15/2009 01* ei south Charles E. Hefter, City Manager AGENDA SOUTH BURLINGTON CITY COUNCIL CITY}FALL CONFERENCE ROOM 575 Dorset Street SOUTH BURLINGTON, VERMONT Special Town Meeting Vote 7:00pm Monday, June 15, 2009 * 1) Special Town meeting to vote on authorizing City borrowing of$74,000 for the purpose of upgrading the stormwater system at Quarry Ridge development. Regular Meeting Monday, June 15, 2009 1) Comments and Questions from the public (not related to the Agenda). 2) Announcements and City Manager's Report. * 3) Interviews for reappointment with incumbents from Planning Commission and Development Review Board. 4) Review of real estate and development agreement for 19 Gregory Dr. with R.E.M. Corp.; Mike Simeneau. Discussion of development process for Police Station; Robert Miller, President. R.E.M. Corp. * 5) First reading of proposed amendment to the Sign Ordinance to allow signs of up to 20 square feet for non-residential uses in a residential zoning district; Scheduling of public hearing for July 20, 2009; Consideration of planning staff report on sign setbacks. 6) Discussion of status and use of Front Porch Forum; Michael Wood-Lewis. * 7) Presentation of proposed pilot project on creative finance options for development of Interstate Exit 1213: Michele Boomhower, Executive Director, MPO. * 8) Presentation of Route 2 Corridor Study and proposed alternative bus routes: Chris Cole, General Manager, CCTA. * 9) Review and comment on proposed uses of$85,000 energy efficiency grant through ARRA(no action required). * 0) Request for approval of tax rate to support the fiscal year ending June 30, 2010 budget, special assessment districts, user fees for sanitary water and sewer, and storm water services; approval of tax due dates and fiscal year budgets. * 11) Authorization of Paul Conner as Grant Administrator for Municipal Planning Grant(2008). * 12) Consideration of approval of Amendment#9 to Cooperative Agreement for South Burlington NH 121-1(1), Kennedy Drive. 13) Consideration of appointment of Paul Conner, Director of Planning and Zoning, as alternate representative to Regional Planning Commission. 575 Dorset Street South Burlington, VT 05403 tel 802.846.4107 fax 802.846.4101 www.sburl.com 14) Review agenda for Development Review Board meeting to be held on June 16, 2009. 15) Review and approve minutes from regular City Council meetings held June 1, 2009. 16) Sign disbursement orders 17) Adjourn Respectfully Submitted: C AA. \\ Charles Hafter, Ci y Manager City of South Burlington Analysis of total Taxes and Service Revenues by the Burlington Internation Airport GL Value tax rate FY 2009/10 Tax and Tax Equivalent Commercial Property Taxes $ 12,115,800 $ 1.747 $ 211,663 Expansion Airport $ 9,905,800 $ 1.747 $ 173,054 Airport "Stabilized" $ 19,305,600 $ 1.747 $ 337,269 Annual Increase (2009/10) $ 7,000 Total Tax Assessments Due $ 728,986 City Services Agreement: Stormwater Services $ 160,000 Other City Services ( fire, rescue, police support) 98,159 $ 258,159 Total Taxes and Services paid by the BIA $ 987,145 City of South Burlington Bonding Resolution to Acquire and Renovate Property at 19 Gregoy Drive in the City WHEREAS, the City of South Burlington operates a Police Department which is presently co-located with the City Offices at 575 Dorset Street; and WHEREAS, the public safety and necessity of the City require that the Department be provided a larger facility to accommodate the Department' s employees and activities; and WHEREAS, the City has entered into an option tO purchase a portion of the land and building located at 19 Gregory Drive for a price of $ ; and WHEREAS, it is estimated that it will cost $ to renovate said property so that it is suitable for use by the Police Department; and WHEREAS, the City Council has determined that the estimated total cost of $ is too great to be paid out of the ordinary annual_income and revenue of the City of South Burlington; and WHEREAS, for the reasons set forth above, the City Council has determined that authority to incur bonded debt is required to acquire and renovate the above-described property; NOW THEREFORE, IT IS HEREBY RESOLVED by the City Council of the City of South Burlington that the proposition of incurring bonded debt be submitted to the qualified voters of the City of South Burlington in the foregoing form: Shall the bonds of the City of South Burlington in an amount not to exceed $ be issued for the • purpose of acquiring and renovating property located at 19 Gregory drive to accommodate the City' s Police Department? IT IS FURTHER RESOLVED, that a vote on said proposition shall be conducted by Australian Ballot at a Special City Meeting ' to be held on September 15, 2009 at the customary and usual polling places in the City at which meeting the polls will open at 7: 00 in the forenoon and close at 7 : 00 in the afternoon. IT IS FURTHER RESOLVED, that the Warning for the above mentioned Special City Meeting shall be published in the 1 Burlington Free Press on August 27t", and September 3' and 10th of 2009 and that the Warning for such meeting shall be posted on or before August 14th, 2009 on the City of South Burlington web site, www.sburl.com, and in the following public places in the City of South Burlington, Vermont: District 3-7: Simon's; Hannafords District 3-8: Kinney's Drugs; Maynard' s Auto Supply District 3-9: Gino' s; Grand Union District 3-10: Hannafords; University Mall IT IS FURTHER RESOLVED, that the City Council shall hold an informational hearing on the above-stated proposition on September 7, 2009 at 7: 00 in the evening at the City Offices at 575 Dorset Street, South Burlington, Vermont. Dated at South Burlington, Vermont, this _ day of June, 2009, Mark L. Boucher Sandra._Dooley__.____...__..._..�_�___ . ....__.��.. Megan Emery James Knapp Frank Murray Received and Recorded this day of June, 2009. Donna Kinville, City Clerk son99-00;; 2 40,0, '* • June 15, 2009 Charles E. Hatter, City Manager City Council South Burlington Vermont Re: Request for approval of tax rate to support the fiscal year ending June 30, 2010 budget, special assessment districts, user fees for sanitary water and sewer, and storm water services; approval of tax due dates and fiscal year budgets. To All Members: The City is preparing to print and mail tax bills for FY 2009-2010. Please approve the following tax rates and user fees based upon the voter approved budget and special assessments. General Levy: On March 3, 2009 the City voters approved the FY 2010 municipal budget in the amount of$20,445,398. The City's grand list is projected in the 2009/2010 budget at $26,750,000, a 1% increase over the previous year. As this estimated grand list appears to be accurate, while still allowing for possible appeals, the general tax rate is composed of: City operating .3081 Bonded debt .0198 Other entities .0218 Open space .0100 Total City Services .3597 Adjust for disable-veteran exemption .0009 .3606 per $100 assessed value This tax rate will produce $9,646,050 in tax revenues. Special Assessment Districts: 1. Spear Street Northeast— based on an annual levy of$5,638.50 and a district property value of$3,770,700, the tax rate should be set at .150. The assessment is for 50% of the cost to install sanitary sewers in 2002. This is the seventh year of a ten-year assessment. 2. Spear Street South — based upon an annual levy of$5,862.48, each of the eight properties in the district will be billed $732.81. (The Council approved this special assessment on an equal share basis over ten years.) This is the seventh year and requires a single payment invoice due July 15. 575 Dorset Street South Burlington, VT 05403 tel 802.846.4107 fax 802.846.4101 www.sburl.com City Council/Tax rates, User fees June 15, 2009 Page 2 Sewer User Fee: The fee to support the Water Pollution Control budget for 2009-2010 is $25.95 per 1,000 cubic feet of water usage, as approved by City Council - a 12 percent increase into effect with all water billed after July 1, 2009. The fee for the Town of Colchester was also approved by Council, to be set at $25.65 per 1,000 cubic feet per contract agreement. This begins the accumulation of funds needed to support the Airport Parkway Waste Water Treatment facility overhaul. Water Fee: The fee to support the Water Department budget for 2009-2010 is $20.64 per 1,000 cubic feet of usage, a 5.6 percent increase into effect with all water billed after July 1, 2009. Storm Water Service Fee: The service fee to support the Public Works - Storm Water Division is set at $4.50 per Equivalent Residential Unit (ERU) of 2700 sq. ft. of impervious surface, the same as currently applied. Tax Due Dates: 1st installment August 18, 2009 2nd installment November 16, 2009 3rd installment March 15, 2010 Budget Approval: Please approve the FY 2010 budget as warned in the public hearing held January 22, 2009 and voted by the public. Sincerely, Charles Hafter City Manager Recommended Use of the Funds Over the past two months, the South Burlington Energy Committee has worked through the potential uses for the grant. After substantial consideration, the Committee has recommended the following use of the funds: Task #1: Perform Investment Grade Energy Audits of all Municipal Buildings (-$18,000) An energy audit of a building is an assessment of energy use and leakage throughout a building, from lighting to boilers & air conditioners to insulation. An energy audit also includes costs for potential upgrades and the anticipated return on these investments in terms of energy and dollars saved over time. Completing these energy audits in place will help the City identify potentially beneficial building maintenance and upgrades, some of which will be funded through Task #2. Task #2: Perform Energy Efficiency Retrofits to Municipal Buildings (-$57,500) Using the results of the energy audits, funding will be used to make energy upgrades to Municipal Buildings. Having the audits on hand will allow us to focus on items that will produce the most effective return on the investments from the grant. In preparation for the grant application, we are currently working with Efficiency Vermont to get an initial sense of which buildings and what types of upgrades we may wish to focus on. Our intent is to write the grant in such a way that all Municipal Buildings - including a potential Police Station- would be eligible, and that the decisions regarding investments will be made based upon where our returns can be maximized. The Energy Committee has also recommended that the City take advantage of the cost savings that occur from these investments be used in future years by the City to make further energy upgrades - in effect using this grant as seed money for energy (and therefore cost) saving investments on municipal buildings each years. Task #3: Public Outreach Campaign for Energy Efficiency (-$10,000) The Energy Committee felt that with the availability of these funds, there was a tremendous opportunity to work with Efficiency Vermont, Vermont Gas, and other programs and organizations to produce a simple, easy-to-use brochure of what energy efficiency programs are available to individual households. This brochure would be targeted to South Burlington residents and businesses, to make them aware of the myriad tax credits, free home walk-throughs, and other programs out there. Staff Recommendations Staff of the Planning & Zoning Department have worked closely with the Energy Committee on this project list and fully supports the recommendations above. 2 south' PLANNING & ZONING MEMORANDUM TO: South Burlington City Council & City Manager FROM: Paul Conner, Director of Planning & Zoning DATE: June 15, 2009 SUBJECT: Energy Efficiency and Conservation Block Grant Opportunity Earlier this Spring we received news that the City of South Burlington is eligible for an energy efficiency grant of$85,500 through the American Recovery and Reinvestment Act of 2009. The grant, formally called the Energy Efficiency and Conservation Block Grant (EECBG), allocates funds to the 10 largest communities in each state and all communities of over 35,000 in population across the country. The purpose of the EECBG Program is to assist eligible entities in creating and implementing strategies to: • reduce fossil fuel emissions in a manner that is environmentally sustainable and, to the maximum extent practicable, maximizes benefits for local and regional communities; • reduce the total energy use of the eligible entities; and • improve energy efficiency in the building sector, the transportation sector, and other appropriate sectors. Further, as a part of the American Recovery and Reinvestment Act, one of the key objectives of the program is to stimulate job creation and retention. About the Grant Each community must apply for the Grant, including a proposed work plan, energy objectives, and cost estimates. The City is eligible to receive up to $85,500, with no required local match. The Program includes a wide range of potential work programs, all aimed at investments that will increase energy efficiency or promote renewable energy production in our community. 1 CC • C • T • A ioi Cr CHITTENDEN COUNTY TRANSPORTATION AUTHORITY 15 Industrial Parkway Phone(802) 864-0211 Burlington, VT 05401 Fax (802) 864-5564 Date: June 11, 2009 To: South Burlington City Council From: Chris Cole, General Manager Meredith Birkett, Planning Manager Re: Route 2 Corridor Study Protect Background Currently, the Route 2 corridor between Burlington, South Burlington, and Williston is served by the Umall/Airport route and the Williston route. The Umall/Airport route is CCTA's second highest ridership route and carried 351,900 passengers in FY08. The Williston route has grown significantly each year and carried 79,088 passengers in FY08. Despite the ridership increases on these routes, neither of them provides direct and convenient access along the entire length of Route 2 (Williston Road) between Burlington and Williston. CCTA is therefore exploring several service options that would replace the existing Umall/Airport and Williston routes with a direct Route 2/Williston Road route and a combination of other services in South Burlington, Williston, and possibly Essex. Each of the service alternatives being considered would require an additional $750,000 in funding, which CCTA is actively seeking. Service Alternatives CCTA has developed three possible service alternatives for the Route 2 corridor, referred to as Alternative A, Alternative B, and Alternative C. All three alternatives include the same direct Route 2/Williston Road route, but differ in how they serve the other portions of South Burlington, Williston, and Essex. The Route 2/Williston Road route in all three alternatives would operate between downtown Burlington (Cherry Street station) and Tafts Corners in Williston, with service: Mon-Fri: 6:15 AM to midnight, with 15-minute peak hour service (between 6-9 AM and 3-6 PM, there would be a bus every 15 minutes) Saturday: 6:15 AM to 10:15 PM, with 30-minute service through most of the day Sunday: 8:45 AM to 6:45 PM, with 60-minute service all day Williston Village —We are also proposing to operate two AM and two PM trips as far east as Williston Village. Public Comment on Service Alternatives Because the outcome of this project will impact numerous current passengers and will affect potential future riders, CCTA has developed a public comment process to complement our Route 2 Corridor study. In order to obtain feedback on the three service alternatives from as many people as possible, CCTA plans to 1) post information about the alternatives and a related survey on our website, 2) hold four public meetings (in Burlington, South Burlington, Williston, and Essex) to discuss the service alternatives, 3) post notices of the online data/survey and the four public meetings on all CCTA buses, and 4) advertise the online data/survey and public meetings in local papers. Next Steps The online information and survey has been posted on the CCTA website (cctaride.org) and the public meetings will take place during the month of June. CCTA anticipates using the results of the public comment process as we develop a grant application for funding from VTrans to implement Route 2 Corridor transit improvements. BURLINGTON • ESSEX • MILTON • SHELBURNE • SOUTH BURLINGTON • WILLISTON • WINOOSKI 4 Existing Routes Essex junction ,::,,,,,'st: ' t1Mali/Airport (Monday-Friday Service) ; Q ilistan/Route 2A �: ,. ', Williston (Saturday Service) aaa is s .K x i Alternative map A Junction Proposed Routes 4,3 Route 21 Williston Rd. 0 beak Hour Extension toWiiiiSt i . : • Williston Village Town Nall South Burlington 6: Williston f Route 2A ,i r. Circulator . , Service NotesBudington No service on Industrial Avenue, Kimball Avenue,or Shunpike v 4 Alternative .3x" Map B Essex Junction Proposed Routes Route 2IWiVision Rd, ---4 Peak Hour Extension to Villiston Village Town Hall �,� Williston South Burlington loop 4 44 p Service Notes South .,, . No service on Kimball Avenue Aurtirtston 0 '..-4 or Route 2A No connection between Amtrak(Essex)and Williston ' Alternative Map C Essex junction Proposed Routes t,,,`"„,' Route 2 i Williston Rd. �xlitinIngton . intomational , Peak Hour Extensions F. p �, to Williston Village II" ", ;;, i ; Maple Tree Place to UMall rw.wwwrxw.Essex Junction to UMall - < ,.,, via Airport Service Notes k,f 9- s o service on Hinesburg Rd. Dote k r; , ,. o direct connection between * . Essex(Amtrak)and Williston H,sp,, 1' (Maple Tree Place) iN, ,, Communities working together to /,,, ,4; Meet Chittenden County's transportation needs C CMP O CHI7TEN:CEN COUNTY METROPOLITAN PLANNING ORGANIZATION \ 110 West Canal Street,Suite 202,Winooski,Vermont 05404 (802)660-4071 /(802)660-4079 Fax www.ccmpo.org/info@ccmpo.org Member Jurisdictions CCMPO Memo Bolton To: South Burlington City Council Members Burlington Charlotte Colchester From: Michele Boomhower,Executive Director Essex Junction Essex Town Cc: Brian Searles,Burlington International Airport Hinesburg Huntington Date: June 10, 2009 Jericho Milton Re: Burlington Airport Pilot Project; Creative Finance Richmond St.George Shelbume / On Monday, June 15th I will be attending the South Burlington City Council meeting to brief /South Burlington✓ you on recently enacted legislation from the 2010 Vermont Legislative session (See language Underhill of the bill as passed and signed by the Governor below). The legislation directs the CCMPO, Westford along with the Vermont Agency of Transportation, the Burlington International Airport, other Williston affected jurisdictions (such as the City of South Burlington and Hinesburg) and interested Winooski private sector partners to participate in a pilot study to determine mechanisms that could lead Vermont Agency of Transportation to a creative financing plan for the advancement of a new Interstate Interchange at the intersection of Vermont 116 and I-89. I will be joined on Monday by Brian Searles of the Ex Officio Members Burlington International Airport, Christine Forde of the CCMPO, Jeff Nick of J.L. Davis (representing interested private sector partners). The City of South Burlington Planning& Chittenden County Zoning Director will also join us in providing you with background on this project and the Transportation Authority Burlington International outline for moving forward to deliver a report to the Legislature by November 1, 2009. Airport Regional Planning An Alignment Study for this intersection is nearly complete. There will be a separate Commission Rail Industry presentation for the City Council on the results of the Alignment Study in July as the schedule U.S.Department of of the Council permits. Transportation I look forward to meeting with you on Monday. * * * Burlington Airport Pilot Project; Creative Financing * * * H. 438. Sec. 99. PILOT PROJECT FOR BURLINGTON INTERNATIONAL AIRPORT; CREATIVE FINANCING A pilot project to examine the potential for a public-private initiatives program shall be pursued for the advancing of an interchange on Interstate 89 along Vermont Route 116 in South Burlington to explore improving future access to the Burlington International Airport and to relieve the overburdened interchanges at Interstate 89 exits 12 and 14. Implementation of the pilot study shall be carried out in cooperation, consultation, and with the support of the Vermont agency of transportation,the Chittenden County metropolitan planning organization (CCMPO), and other affected local jurisdictions and project partners. The CCMPO, with the cooperation of the agency of transportation, is directed to prepare a creative financing plan for the advancement of a project to construct an interchange at the above-mentioned location and deliver the plan to the legislature by November 1, 2009. 00003543 V: 863 PG: 89 I CITY CLERK 'S OFFICE Received flag 18,2009 04:30P Recorded in VOL: 863 PG: 89 WARNING OF So. Burlington Land Records CITY OF SOUTH BURLINGTON Attest Donna Kinville SPECIAL CITY MEETING City Clerk JUNE 15, 2009 The legal voters of the City of South Burlington are hereby notified and warned to meet at the City Offices at 575 Dorset street on Monday, June 15, 2009, at 7 o ' clock in the afternoon, 1 to act on the following Article: To see if the voters will authorize the City to borrow an amount not to exceed $74, 000 for a term not to exceed five (5) years for the purpose of upgrading stormwater retention pond improvements at the Quarry Ridge development on Juniper Drive in the City. Dated at South Burlington, Vermont, this tS day of May, 2009. e Mark L. Boucher S<,.Q.,a. Vow Sandra Dooley Pero Meagha Emery James K p Frank Murray Received and corded t ' s i 5 day of POI , 2009. onna Kinville, City C erk END OF UUCUIVIENT southb Charles E. Hatter, City Manager June 12, 2009 Chair and City Council South Burlington, VT 05403 Re: Interviews for reappointment with incumbents from Planning Commission and Development Review Board To All Members: The Council recently decided to interview all incumbents for reappointment to the Planning Commission, DRB, and Design Review Board before making appointments to these Boards. The following interviews are set for this evening: Planning Commission: Bob MacDonald and Chris Shaw DRB: Roger Farley Mike Tarricone (Design Review) and Matt Birmingham (DRB) could not make the meeting this evening and will be reset for July 20, 2009. I have not set an executive session to give you a chance to finish interviews. Please note that even if all incumbents are reappointed, there will still be a vacancy on both the Planning Commission and DRB. Sincerely, 1--t Chuck Ha er City Manager 575 Dorset Street South Burlington, VT 05403 tel 802.346.4107 fax 802.846.4101 www,sburl.com .Front Porch Forum � , z• i � r- ',��^vr - .w,u x ,-,+� :>.., a a,u. � -,. I '. 4 i n 5 k l ': i 7 c • Hosting networks of online Ent Waui c.xcnar ie Feather neighborhood forums that ng ;,4� `E H M.vuB„veramole "n“L' Y 1 f Fairfax S]l1Ot+SUlr blanket a region. w 11,r�' .�..: ,. , r / 3 f • Pilot covers Chittenden 33`4- :S County, VT with 130 forums. Vt '' �'.. 17(B,On.* se .a158 N 14 00o households subscribe, V.:e., ' including 40% of state's '�36� . 1 ria : 1,- largest city. i9 7 g . 2 J t�l e 4,9F1�.,f 21�� - A j + i 1 f °r T • Winning national awards. , „ y„ ; S 444- F'- • Preparing for expansion. °r f3 It4 n, Michael Wood-Lewis 802-540-0069 ..., : R4moni,ec, FrontPorchForum.com R'°e 1 ' Fa,on so p,. Number of subscribing households per neighborhood.Fr r ,i,. , ,.. • , w..y '.t '. , , i t, ., 1 „ 1 , ,, ;, , I Clearly identified nearby neighbors Producing... post about... • Break-ins I... Direct results (neighborhood • Borrowing a ladder watch formed, ladder • School budget borrowed, dog found, etc.) • Recommending a plumber 2. Neighbors connecting and • Finding a lost dog getting to know one another • Organizing a block party 3 More community • Speeding involvement (93% of pilot • Fundraisers and events survey respondents report • Selling/giving away a couch increased civic engagement) • and lots more... iiitt FryF ether By,•. CI'! h oorhi:)e.1 P tr -� a _y y ,'ap ate ate yri�, 1 ,. r .:. °� 1 • , 1:1, ..,'..* :,/,‘. '" 1 tr r 1 nn;1 , z 20 South ; , ., riin one I .. Burlington iairp�r 4 c. FPF .-_.- y��ucr g (76 I . M.- ,'t , ,� ;. neighborhood i 41;1)li ;hp)2 r 1 h.; ;n . s .., 4 forums nF9 12°'.-. \it .0.1h.'r,y.,,,, -, ,, ,... , ., i fib r �d i)�,191 t , 4f ,i0::: , S . '� N .„, I. , I . "(l0. Xf . ,,,,,... 4• wMyS.�'. iws li-c"- -.44.z.. " N 5 4 Imo'^ t i1# '�P.s,....:.. • I 3/4 \' ' !'''I t I .1. • \ IT'" 156 ,,ti i # , • l e t.:x , „r` 7e P a t"'" ,23) i �''. South Burlington Police Station Synopsis of Miller Proposal R.E.M. Development Company, LLC, has submitted proposals for the lease or sale of space in a building located at 19 Gregory Drive. The entire building is 45,100 SF., with 11,875 SF leased to a solid long term tenant. The owner will sell the entire building, or lease and/or sell the remaining 33,225 SF. The owner proposed to sell 33,224 SF for$4,400,000, or$132 / SF. Lease terms may depend on the financing secured, but the base rent could be less than $10/ SF based on preliminary discussions. This indicates an annual figure of$320,000+/-, or $26,667 /mo. The sub-lease of excess space could further reduce costs. The site is 3.76 acres and has improved parking for 155 vehicles. Zoning here does not currently permit municipal facilities. i 1 Development Company COMMERCIAL AND INDUSTRIAL LEASING AND DEVELOPMENT March 4, 2009 Charles Rafter City Manager City of South Burlington 575 Dorset Street South Burlington, VT 05403 Re: Proposed South Burlington Police Station 19 Gregory Drive, South Burlington, VT Dear Chuck: In response to the R.F.P we offered to sell 19 Gregory Drive "as is" for $6,000,000.00. We also offered to do a Lease with the option to purchase, but with no detail. During the week of February 21, 2009 while on vacation I received a call from Mike Simoneau requesting further details on how I would be willing to structure a lease purchase option. I suggested that I would be back in Burlington on February 28, 2009. As you know a meeting was scheduled for Monday, March 2, 2009 for 9:30 AM at City Hall With the following persons in attendance: Chuck Hafter, Town Manager, Trevor Whipple, Police Chief, Mike Simoneau, Project Consultant, Bob Miller, R.E.M Development Co.,LLC, and Tim Miller, R.E.M Development Co., LLC. The plans were reviewed and Chuck questioned whether the amount of space could be reduced, and could the city lease out surplus space until needed? 1 I suggested that the plans we are reviewing came out of our interpretation of the R.F.P. and if our site is selected our architect would work with the committee to reduce the footprint. I would like to recap the existing building footprint: 1' floor 23,474 S.F. 2"d floor 21.625 S.F. Total 45,099 S.F. The exiting 2nd floor lease space is -11.875 S.F Balance For Police Dept. Use 33.224 S.F. 599 Avenue D,Williston,VT 05495 • v (802) 864-5830 • f(802) 864-4172 • www.rem-development.com • Page 2 We had included a 1.250 addition as part of the sally port area which is not included in the above numbers. It is my understanding the goal would be to get to around 28,000 S.F. This would leave surplus space of approximately 5,000 S.F. Next we discussed financing options and methods. The following is what was agreed to as an option: 1. The six million ($6,000,000.00) would be split into two (2)parts: a.) $4,400.000.00 for the 33.224 S.F. "as is" space for the police department, the principal i.e.: $4,400,000.00 will be divided into (20) annual payments of S220,000.00. The annual interest rate will be 4% fixed for the first five(5) years, principal and interest payments will be made on a quarterly basis. b.) S1,600.000.00 for the 11.825 S.F. that is leased and will be controlled by R.E.M Development. It will be structured on the same basis, (20) annual payments of S80.000.00 with an interest rate of 4% fixed for the first five (5) years paid on a quarterly basis. c.) The city will have the right to purchase the property with no prepayment penalty anytime during the first five years at the principal balances at that time. d.) R.E.M Development Co., LLC will offer the same terms on the fitup of the space. e.) R.E.M Development Co., LLC will be allowed to factor interest of 4%on the $4,400,000.00 from April I, 2009 as part of this proposal. f.) At the end of the first five years. if the city has not exercised its option to purchase, the developer will seek new financing terms from a local bank or banks, the then rate and term will replace the 4% used for the first five years. g.) If the parties go forward with this proposal it will require it to be in legal form acceptable to both parties. The information herein is presented to the City of South Burlington as a further inducement, but in no way commits either party until legal documents are prepared and executed. Page 3 We will continue to assist in any way we can to make this a successful project. Sincerely, Robert E. Miller /. President RF:lvl/lb cc: Mike Simoneau 401 L�� South : i q _,t'a PLANNING & ZONING AGENDA South Burlington Development Review Board Tuesday, June 16, 2009 7:30pm Regular Meeting City Hall Conference Room, 575 Dorset Street, South Burlington, VT 1_ Other business/announcements a. Administrative Site Plan Approval Report 2. Minutes of June 2, 2009. 3. Consent Agenda a. Robert Schumacher, hereafter referred to as the applicant, is requesting design review approval for a master sign permit for freestanding and wall signs for the property located at 370 Dorset Street in the Dorset Street/ City Center Sign District. The master signage permit would also establish the design scheme for future tenants. 4. Miscellaneous application #MS-09-03 of Michael Feitolberg for after-the-feel-approval to alter the existing grade by resurfacing four(4) outdoor tennis courts with more than 20 cubic yards of crushed stone and clay, 142 West Twin Oaks Terrace (Sports and Fitness Edge). 5. Site plan application #SP-09-46 of CCTA to construct a 32 sq. ft. bus passenger shelter with an 84 sq. ft. slab, adjacent to 401 Dorset Street (Green Mountain Suites). 6. Conditional use application #CU-09-04 of Omnipoint Communications, Inc. seeking approval to install three (3) panel antennas mounted 67 feet in height on existing communications tower including ground mounted equipment, 30 Joy Drive (WCAX building). 7. Site plan application #SP-09-45 of Omnipoint Communications, Inc. to amend a previously approved plan to: 1) install three (3) panel antennas on existing communications tower, and 2) install ground mounted equipment in 12'x12' area, 30 Joy Drive (WCAX building). 8. Continued preliminary plat application#SD-09-25 and final plat application #SD-09-26 of 1080 Shelburne Road, LLC for a planned unit development to: 1) raze an existing building formerly used as a restaurant, and 2) construct a 16, 592 sq. ft. retail building, 1080 Shelburne Road (former Tuscan Kitchen property). 9. Continued preliminary plat application#SD-09-05 of Wedgewood Development Corporation for a planned unit development consisting of: 1) six (6)two-family dwellings, and 2) three (3) single family lots, 232 Autumn Hill Road. 10. Site plan application#SP-09-47 of Champ Car Care Center to amend a previously approved plan for a seven (7) bay car wash and 4,000 sq. ft. auto repair and service building. The amendment consists of after-the-fact approval to revise the landscaping plan for the auto repair and service building, 2 Harbor View Road (Girlington Garage). 11. Site plan application #SP-09-50 of Antonio B Pomerleau, LLC to amend a previously approved plan for a 76,630 sq. ft. shopping center. The amendment consists of constructing 575 Dorset Street South Burlington, VT 05403 tel 802.846.4106 fax 802.846.4101 www.sburl.com a staifwell and two (2) loading dock enclosures (312 sq. ft. and 634 sq. ft.), 1285 Williston Road (Price Chopper). 12. Sketch plan application #SD-09-27 of Bullrock Corp. to amend a previously approved planf}ed unit development consisting of five (5) multi-family dwellings for a total of 160 units and a 40 unit congregate housing facility. The amendment consists of constructing a 100 unit congregate housing facility, 250 Quarry Hill Road. 13. Design Review application#DR-09-03 of Tyler Dawson to relocate the property's access drive to San Remo Drive, 350 Dorset Street. 14. Site plan application#SP-09-48 of Tyler Dawson to amend a previously approved plan for a 7,680 sq. ft. retail building. The amendment consists of relocating the access drive to San Remo Drive, 350 Dorset Street. 15. Design Review Application#DR-09-04 of Jeff Cooper to convert a single family dwelling to general office and retail use and construct a five (5) space parking area, 50 Hickory-Lane. 16. Site plan review application #SP-09-49 of Jeff Cooper to convert a single family dwelling to 1132 sq. ft. of general office use and 500 sq. ft. of retail use, 50 Hickory Lane. Respectful Sub ' d, 474 , a J. B air Administrative Officer