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HomeMy WebLinkAboutAgenda - City Council - 08/10/2009 41 • 0440 south Charles E. Hatter, City Manager AGENDA SOUTH BURLINGTON CITY COUNCIL CITY}GULL CONFERENCE ROOM 575 Dorset Street SOUTH BURLINGTON, VERMONT Regular Meeting 7:00pm Monday, Aug. 10, 2009 1) Comments and Questions from the public (not related to the Agenda). 2) Announcements and City Manager's Report. * 3) Consideration of approval of Resolution of Appreciation for Public Service of William and Ethel Schuele and Designation of the Schuele Family Picnic Area at Red Rocks Park. * 4) Consideration of Resolution in Support the Application of Common Roots to Purchase the Leduc Property from the Vermont Land Trust. * 5) Consideration of approval of warning for September 15, 2009 ballot. * 6) Further discussion of proposed funding options for purchase and development of 19 Gregory Drive. * 7) Further discussion and information from City staff regarding sign ordinance 5 foot setback requirements; Paul Conner, Director of Planning & Zoning. 8) Update on Aviation Tech Center at Burlington International Airport; Brad Worthen. 9) Consideration of approval of submitted applications for stormwater projects under ARRA funding * 10) Consideration of approval Municipal Certificate as to Municipal Bond, Vermont Bond Bank Bond Refunding * 11) Appointment of voting delegate to VLCT Town Fair Annual Business Meeting; City Manager will attend. * 12) Review agenda for Planning Commission meeting to be held on Aug 11, 2009. * 13) Review and approve minutes from regular & special City Council meetings held July 20 & 24 2009. 14) Sign disbursement orders * 15) Consider entering executive session to deliberate on appointments to Boards and Commissions. 16) Adjourn Respectfully Submitted: C c� Charles Hafter, Cit Manager 575 Dorset Street South Burlington, VT 05403 tel 802.846.4107 fax 802.846.4101 www.sburl.com S441.11/1hurilingti. EXECUTIVE SESSION MEMORANDUM August 10, 2009 TO: Chair and City Council FROM: Denis Gravelin, Assistant City Manager SUBJECT: Consider entering executive session to deliberate on appointments to Boards and Commissions. If you recall on July 20, the Council deliberated in executive session on the appointments to openings on several boards and commissions. Attached is the chart indicating the Council's consensus, with the three individuals who were unable to attend the previous meeting for an interview highlighted: Susan Ducharme — Recreation/Leisure Arts; Kevin Lavery— Design Review Board; Wendell "Red" Johnson —Any Board. Their resumes are attached for your consideration. Ms. Shannon Dilley previously considered for the Natural Resource Committee has moved to Williston and is no longer available. I understand that the library candidates are meeting with the Library Board at the same time as this meeting. You may want to defer action on those appointments at a later time. City of South Burlington Listing of Volunteers and Committees of Interest DeveloW t+'ntReview Natu[al Resour ce RecrpBtEan!Leisure )sbrAry Roar{of Velunteera fomr+1 $oardDItB. Committee �� •�. ' I#u�tee ` Bob MacDonald(Incumbent-3yr) X Chris Shaw(Incumbent-3-yr) X Roger Farley(Incumbent-4yr) X Mall Birmingham(Incumbent-3yr) X Mike Tarricone(Incumbent-3yr) X Jessica Clark X Susan DuCharme q Jennifer Kochman X .............................. AIVOigagaillMTgen n Lavery Emily Magowan X Cathy Sheffield X Bill Stuono X Beth Thorpe X Stan Bradeen X , a. -� \ ... <. .���. ..�.a3�.: .. ,., a• . :\`:�'�ia, �: � u .`�..��.a.:. ...`vac �.,:r:a&'�, .. _. Page l of 3 Denis Gravelin From: Charles Hafter[chafter@sburl.com] S vS a rJ w CA\of Sent: Monday, July 13, 2009 9:54 AM To: Denis Gravelin Subject: Fwd:Vacancy on the Recreation/Leisure Arts Committee Attachments: Resume#3.doc X-Virus-Scanned: amavisd-new at sburl.com From: "Susan DuCharme" <sducharme142@comcast.net> To: "Chuck Hafter" <chafter@sburl.com> Subject: Vacancy on the Recreation/Leisure Arts Committee Date: Sat, 13 Jun 2009 11:38:15 -0400 X-Mailer: Microsoft Windows Mail 6.0.6001.18000 X-OriginalArrivalTime: 13 Jun 2009 15:37:50.0890 (UTC) FILETIME=[E9OCE8A0:01C9EC3C] <?xml:namespace prefix=stl ns="urn:schemas-microsoft-com:office:smarttags"/>June 13, 2009 <?xml:namespace prefix=o ns="urn:schemas-microsoft-com:office:office"I> Susan DuCharme 142 Cobblestone Circle South Burlington, VT 05403 Chuck Hafter City Manager 575 Dorset Street South Burlington, VT 05403 Dear Mr. Haftner; I am interested in being on the Recreation/Leisure Arts Committee. I would bring to the committee fourteen years of experience planning educational programs, trips, and activities for seniors as the Activities Coordinator for independent residents at Wake Robin Retirement Community in Shelburne. 7/13/2009 Page 2 of 3 As a citizen of South Burlington, I am especially interested in contributing to my community. The opportunity to volunteer time on the Recreation/Leisure committee would allow me to be involved with South Burlington's recreation department to contribute to bringing entertainment, musical events, educational lectures and workshops to the community of South Burlington. This would keep me involved in something I have always loved while still pursuing a new career as an interior decorator working with Design Matters. In addition to my work history covered in my resume, I would bring to any opportunity: • Excellent work ethics in approaching any job with enthusiasm and dedication. • Dependability and professionalism at all times. • Ability to handle multiple priorities in an efficient and calm manner. • Enthusiasm in taking on new challenges. • Strong organizational skills. • Excellent problem solving skills in providing a thorough assessment and working collaboratively with those involved to develop appropriate solutions. Over the past year, I have worked with Tom Hubbard and Todd Goodwin on expanding South Burlington's Senior program; however,present budget restraints has put this on hold. Please feel free to use them as a reference. You may also use Marge Bowin, presently on the committee. She is a neighbor and friend. Other references available upon request. Sincerely; 7/13/2009 Page 3 of 3 Susan DuCharme 7/13/2009 Susan DuCharme 142 Cobblestone Circle South Burlington, Vermont 05403 (802)863-6303 sducharme142@comcast.net SUMMARY A dedicated professional with strengths in business, managing people, handling multiple tasks and organizing functions. EXPERIENCE Wake Robin Retirement Community, Shelburne, Vermont March 1994— April 2008 Independent Residents Activities Coordinator Professional Nurses Services, Inc. Burlington,Vermont 1993- 1994 Human Resources Assistant Digital Equipment Corporation, South Burlington, Vermont 1980— 1990 Human Resources Development Training Coordinator Administrative Department Coordinator Manufacturing Assembler ACCOMPLISHMENTS Developed Wake Robin's Independent Activities Department Working closely with senior resident committees and individuals, I created an outstanding diversified activities program providing an enriching and fun environment. Human Resources Arranged interviews for temporary nursing staff and provided human resources department support. Development and Training • Designed and implemented performance development workshops to improve employee attitude and performance in areas of telephone communication and customer service. • As a teaching assistant, I helped students with their business plans and course requirements with Trinity's Woman's Small Business Program, • Trainer's assistant and program coordinator for a nine month World Class Leadership Management Program for managers at Digital Corporation. • Wrote various program training guides and manuals. • Trained employees in computer manufacturing and how to use computer software programs. Susan DuCharme Resume Page 2 Office Manager Managed secretarial needs for fifty staff members in Digital's Engineering Department. Received a recognition award for successfully revising a system for scheduling meeting and classroom space. Retail Sold women's clothing, linens, shoes, books, paints and home decor merchandise for ten years. Provided personalized customer service, arranged displays, and oversaw inventory. EDUCATION Penn Foster Schools Present Working toward being certified as an Interior Decorator. Trinity College, Burlington,VT Graduate Cum Laude 1993 Bachelor of Science in Business Administration, Certificate in Human Resources Development and Small Business Administration, Member of Who's Who Among Students in American Universities and Colleges References Available on Request Page 1 of 1 • Denis Gravelin From: Charles Hafter[chafter@sburl.com] Sent: Wednesday, July 15, 2009 8:11 AM To: Denis Gravelin Subject: Fwd: Volunteer Opportunities C Attachments: Cover Letterl.doc; Kevin M Lavery Resume.doc X-Virus-Scanned: amavisd-new at sburl.com From: "Kevin Lavery" <Kevin_lavery@comcast.net> To: <chafter@sburl.com> Subject: Volunteer Opportunities Date: Tue, 14 Jul 2009 20:46:30 -0400 X-Mailer: Microsoft Windows Mail 6.0.6001.18000 X-OriginalArrivalTime: 15 Jul 2009 00:42:00.0578 (UTC) FILETIME={10962E20:01 CAO4E5) Hi Chuck, I am interested in volunteering with the City of South Burlington. I am aware that there was a July 13th deadline to submit a cover letter and resume for consideration. I understand that this is a day late;however,would appreciate the opportunity to submit this for review. I'm highly interested in volunteering on the Development Review board or Planning Committee. Please see attached. Thank you for your time and consideration. Kevin Lavery 7/15/2009 July 13, 2009 Chuck Hafter, City Manager 575 Dorset Street South Burlington, VT 05403 Dear Mr. Hafter, Please accept this resume in consideration of a volunteer position within the City of South Burlington, VT. I am interested in volunteering my time to either the Planning Commission or the Development Review Board. Ihave-been-a-homeowner and-resident-of-South--Burlington-for-eight years.. During this time I've become increasingly interested in giving back to the community that I live in and am very interested in volunteering at the city government level. My family and I are committed to the future of our city and are very proud of the community that we live in. It is my opinion that the City of South Burlington is among the best places to live in Vermont and I would like to pursue an opportunity to help maintain that and achieve even higher success for livability as well as economic development and vitality. Attached you'll find a resume which outlines both my professional experience as well as my education. I feel that my experiences and knowledge would serve me quite well in various positions, volunteering with the City of South Burlington. Thank you for your time and consideration. Kevin Lavery KEVIN M. LAVERY 19 Irish Cove Road- South Burlington,VT 05403—802-324-3005—kevin_lavery@comcast.net SUMMARY • Seasoned business professional with track record of success in positions of increasing responsibility • Experience in the areas of business management,financial administration and personnel management • Strong commitment and dependable work ethic • Effective in promoting a positive work environment RELEVANT EXPERIENCE AND ACCOMPLISHMENTS Fiscal Operations and Financial Analysis • Effectively manage financial analysis functions;participate and oversee account reconciliation,government claim filing,payment allocation and proration,account transfers,financial reporting and lockbox processing • Responsible for supervising and approving account refunds, write-offs,interest adjustments and incentive eligibility • Ensure account transactions ana adjustments comply witli applicable Fral-Title I regulations • Create and present business requirements regarding system upgrades and procedural adjustments to maintain compliance with applicable state and federal law • Create and maintain detailed accounting and transaction reports,recording and analyzing cost allocations and facilitating operational adjustments based on these findings ■ Participate,review and approve quarterly and annual operating budgets • Primary account services liaison regarding lockbox and electronic payment processes ■ Develop short and long term strategic plans to enhance efficiency and promote accurate accounting Business Management • Manage daily operational workload while effectively delegating job tasks and evaluating efficiency and quality of work ■ Strong understanding of Federal OCC and OTS regulations to ensure operational procedures comply with corporate charter ▪ Oversee account services operations,borrower benefit programs and re-disclosure compliance • Collaborate with executive management team to target daily, weekly and monthly goals as well as plan, implement and monitor the action plan to achieve those goals ■ Manage regional profit and loss including oversight of expenditures,purchasing and procurement • Create and implement procedures to maintain strict quality assurance and compliance standards in processing area accountabilities Personnel Management • Extensive experience building high performance teams who work collectively to achieve goals and objectives • Responsible for the recruiting,hiring and training functions; developing highly effective, customer oriented teams • Carry out terminations,promotions. status changes and reclassifications • Mentor employees and carry out performance evaluations to further the development of individuals for future promotions • Effectively respond to and manage performance issues,staff complaints, workplace inequities and workforce relations issues • Working knowledge of federal and state labor laws,workman's comp programs and unemployment insurance regulations • Initiated and directed territory expansion;opened and operated multiple branch locations *roughout Vermont KEVIN M. LAVERY 19 Irish Cove Road- South Burlington,VT 05403—802-324-3005—kevin_lavery@comcast.net EMPLOYMENT HISTORY VERMONT STUDENT ASSISTANCE CORP. (VSAC) 2007-Present OPERATIONS SUPERVISOR FIRST HORIZON NATIONAL CORP. 2005-2007 BRANCH MANAGER AEGIS MORTGAGE CORP. 2002-2005 OPERATIONS MANAGER EDUCATION CHAMPLAIN COLLEGE,Burlington,VT 2002 BACHELOR'S DEGREE IN BUSINESS ADMINISTRATION CHAMPLAIN COLLEGE Burlington,VT 2000 ASSOCIATE'S DEGREE IN MANAGEMENT RELEVANT COURSEWORK Human Resources I Cost Accounting Statistics Human Resources II Managerial Accounting Macroeconomics Business Law Business Ethics Microeconomics Financial Accounting Financial Management Survey of Economics COMPUTER APPLICATION EXPERIENCE Microsoft Office Applications, IFA/SLSS, AS400/iSeries, Intuit QuickBooks, Microsoft Money, Desktop Underwriter,LASY,GALLAHAD,LOIS,MS Visio,MS Project 2007,Commerce Server Page l of l Denis Gravelin From: Charles Hafter[chafter@sburl.com] Sent: Monday, July 13, 2009 9:54 AM e Ton S To: Denis Gravelin Subject: Fwd: Openings ClNN ‘( D Attachments: Resume For Wendell S Johnson.doc X-Virus-Scanned: amavisd-new at sburl.com Date: Fri, 26 Jun 2009 05:06:02 -0400 (Eastern Daylight Time) X-Mailer: IncrediMail (5863986) From: "Red Johnson" <red_j@comcast.net> X-FID: FLAVOROO-NONE-0000-0000-000000000000 To: "Charles Hafter" <chafter@sburl.com> Subject: Openings X-OriginalArrivalTime: 26 Jun 2009 09:01:53.0375 (UTC) FILETIME=[BFD68EF0:01C9F63C] I don't know if any of my experience would fit in any of the positions the town has open but I offer my service for what it may(or may not) be worth. Red The democracy will cease to exist when you take away from those who are willing to work and give to those who are not. Thomas Jefferson 7/13/2009 Wendell S "Red" Johnson 4 Woodcrest Drive South Burlington, VT 05403 (802) 865-4851 Objective: Return to my community Education and Training: Last School Attended: CCV 119 Pearl Street Burlington VT.USA 05401 Educational Level: Some College Applicable courses, certifications, diplomas, degrees or licenses: Psychology HAZMAT Technician First Aid/CPR Instructor DDC Instructor HAZMAT Instructor Training or other skills: Electronics Technician Teacher Class Development Data Analysis Accident/Incident Investigations Strengths: Excellent teacher,communicator,auditor,investigator,analyzer. Experience: Twincraft,Inc From: 11/99 thru 7/2000 Duties: Site safety manager.Develop and implement safety programs.Investigate accidents/incidents and analyze trends.Report trends and recommendations to plant management. Interface with and educate all site employees from plant manager to floor workers. Ben&Jerry's Homemade From: 9/95 thru 12/98 Duties: Plant Safety Manager with responsibilities in developing a safety program, preparing and presenting safety classes,forming a HAZMAT response team and assisting other sites with setting up their teams. Equipping the new facility will all necessary safety equipment including facility features such as Emergency Exits,First Aid supplies,HAZMAT equipment,etc. State Of Vermont,Risk Management From: 9/92 thru 9/95 Duties: State safety engineer with responsibilities for safety programs for all state employees.Included preparation and presentation of appropriate safety classes where needs were indicated from history. Assist with implementation and management of workers compensation for state employees. IBM From: 9/64 thru 9/92 Duties: Safety Engineer with primary responsibilities in construction and equipment safety. Prepare and present appropriate safety training with emphasis on compliance with OSHA standards. US Army From:4/59 thru 9/62 Duties: Electronic equipment repair specialist. Team chief. Wendell S "Red" Johnson may be contacted at red jiib,comcast.net . • ktA Charles E. Hatter, City Manager August 7, 2009 Chair and City Council South Burlington, VT 05403 Re: Further discussion of proposed funding options for purchase and development of 19 Gregory Drive To All Members: At the last council meeting, the Council discussed the proposed funding options that I had prepared for the purchase and fit-up of 19 Gregory Drive. According to the minutes: "Mr. Knapp suggested the Council reach consensus on option #3 but to vote on it at the 10 August meeting in case there is a strong objection. Members agreed." I would like to clarify what staff is asking Council to do tonight. We are requesting that the Council choose a funding option so that we can prepare cost estimates to inform the public of the estimated tax consequences of the purchase and fit-up. As indicated,the different options have varying costs based on how the debt repayment is structured. By choosing an option, Council is setting a guide for future budgets and future Councils' in allocating the debt service. Council CANNOT adopt a debt service plan and have it be binding on future Councils' due to the requirements of the bonding process. The City will be selling General Obligation bonds, known as G.O. bonds. These types of bonds have the lowest interest rate due to their low-risk and tax-free earnings on the purchase of these bonds. To issue a G.O.bond the City pledges "the full faith and credit of the City" for the repayment of the debt. This means that, if all else fails, the City will raise the necessary revenue to repay the debt through the property tax. The guaranteed payment makes G.O. bonds very secure and also helps lower the interest rate due to the very low risk associated with them. All current City bonds are G.O. bonds, and they are by far and away the most common type of bonding for non-revenue producing debt. 575 Dorset Street South Burlington, VT 05403 tal 802.846.4107 fax 802.846.4101 www.sburl.com Although, there is every likelihood that the City will collect the required rooms and meals tax revenue to meet the repayment schedules,bond attorneys will not authorize the sale of these bonds as G.O. bonds if there is an artificial limitation placed on the level of revenue the City can raise outside of the rooms and meals tax. I hope I have clarified the situation. Sincerely, Charles Ha er City Manager itp4A south July 15, 2009 Charles E. Hafter, City Manager Chair and City Council South Burlington, VT 05403 Re: Items related to proposed Police Station: 1) Adoption of Bonding Resolution 2) Discussion of Amortization options and 3) Discussion of Communications plan To All Members: Council needs to discuss the following; 1. Bonding Resolution: Council has indicated that a bond vote will be put before the voters on September 15, 2009 for the purchase of a portion of 19 Gregory Drive for a police station. In order to do so, Council must adopt two separate documents. The first a Resolution can be adopted at any time; the second, the official Warning must be adopted between 30-40 days prior to the vote. Attached is a Resolution that is ready for your consideration on July 20, 2009. Please note that the August meeting previously set for August 18, 2009 will need to be held on August 10, 2009 in order to meet the legal requirements for adopting the Warning. The proposed wording of the warning is included in the Resolution. 2. If the borrowing is approved by the voters on September 15, 2009, the City will be borrowing $7.2 million. The amortization of this debt can be done in several ways, depending on the Council's decision. Attached is information describing three repayment options. Each option includes use of rooms and meals tax of up to $500,000 annually as previously discussed by Council. The options, in summary: • Option 1: Traditional Borrowing. This repayment schedule would utilize a combination of rooms and meals revenues and property taxes. The amount of required property taxes would vary based on the annual rooms and meals allocation, but would generally decline over the 20 year period. Option One would use the most rooms and meals taxes and have the lowest property tax levy. Because the amount of 575 Dorset Street South Burlington, VT 05403 tel 802.846.4107 fax 802.846.4101 www.sburl.com taxes a taxpayer pays and the total collected changes each year, this option is the hardest to communicate. • Option 2: Level Tax Rate: Option Two also uses a combination of rooms and meals revenue and property taxes. The tax rate is set at a constant level for 20 years and the rooms and meals allocation varies to equal the debt service due. Option 2 uses the least rooms and meals tax and has the highest aggregate property tax levy. However, the tax rate can be set at$.006 (six-tenths of a cent) for the term of the bond, so explanation of individual taxes expected can be easily explained. • Option 3: Level Property Tax Collection: The third option also uses both revenue sources. However, the total tax levy is held constant at $158,500 per year while the tax rate declines each year. Option Three uses the middle of both rooms and meals and property taxes. While it is easier to explain that Option One, it does not let the individual taxpayer know his specific constant rate, only the constant city tax dollar levy. Denis and Mark can walk you through the options contained on the attachments. A decision is not needed this evening, but it will help with any communications plan to have this information available for dissemination as soon as feasible. 3. The Council Chair asked that I put a discussion of a communications plan for the upcoming vote on the agenda for tonight. Sincerely, Cl are Jidt. er City Manager City of South Burlington Police Building Amortization Information 19 Gregory Drive Cost to be financed $ 7,200,000 20-Year Bond @ 4.00% 1st Year Debt Service $ 648,000 Average Annual Debt Servcice $ 518,400 Incremental Tax Rate 1st year 0.0239 Incremental Cost Average Home ($316,000) $ 75.52 Average Annual Cost over bond life $ 52.55 Rooms and Meals Appropriation Option 1 Option 2 Option 3 1st Year Debt Service- Net of R&M $ 148,000 $ 164,000 $ 158,500 Average Annual Debt Servcice $ 93,040 $ 189,814 $ 158,500 Incremental Tax Rate 1st year 0.0055 0.0060 0.0058 Incremental Cost Average Home($316,000) $ 17.38 $ 18.96 $ 16.07 Average Annual Cost over bond life $ 9.41 $ 19.21 $ 16.07 Total Rooms and Meals Tax Appropriated $ 8,707,200 $ 6,575,719 $ 7,198,000 7/15/2009 Option 1 Principal: $ 7,200,000 Interest: 4.00% Period: 20.00 Debt Service Incremental Tax Grand List Annual Debt Sery ice Apply R&M From Prop.Tax based on G.L. escalated at 1.5% 1 FY 10 144,000 144,000 0 0.0000 26,750,000 2 FY 11 648,000 500,000 148,000 0.0055 27,151,250 3 FY 12 633,600 500,000 133,600 0.0048 27,558,519 4 FY 13 619,200 500,000 119,200 0.0043 27,971,897 5 FY 14 604,800 500,000 104,800 0.0037 28,391,475 6 FY 15 590,400 500,000 90,400 0.0031 28,817,347 7 FY 16 576,000 500,000 76,000 0.0026 29,249,607 8 FY 17 561,600 400,000 161,600 0.0054 29,688,351 9 FY 18 547,200 400,000 147,200 0.0049 30,133,677 10 FY 19 532,800 400,000 132,800 0.0043 30,585,682 11 FY 20 518,400 400,000 118,400 0.0038 31,044,467 12 FY 21 504,000 400,000 104,000 0.0033 31,510,134 13 FY22 489,600 400,000 89,600 0.0028 31,982,786 14 FY 23 475,200 400,000 75,200 0.0023 32,462,528 15 FY 24 460,800 400,000 60,800 0.0018 32,949,466 16 FY25 446,400 400,000 46,400 0.0014 33,443,708 17 FY 26 432,000 400,000 32,000 0.0009 33,945,363 18 FY 27 417,600 400,000 17,600 0.0005 34,454,544 19 FY 28 403,200 400,000 3,200 0.0001 34,971,362 20 FY 29 388,800 388,800 0 0.0000 35,495,932 21 FY 30 374,400 374,400 0 0.0000 36,028,371 10,368,000 8,707,200 1,660,800 31,170,784 First Year(Per month $ 12,333 First Year(Annually $ 148,000 $5.45 per$100,000 assessed value Annual Cost to Average Home 316,000 Increase over 2010 Current Tax Rate 1.7767 Current Property Tax 5,614 Increase Total Tax Bill 17 0.31% 5,632 Assumes 1.5%grand list growth; Assumes no outside contributions Option 2 Principal: $ 7,200,000 Interest: 4.00% Period: 20.00 Debt Service Incremental Tax Grand List Annual Debt Sery ice Apply R&M From Prop.Tax based on G.L. escalated at 1.5% 1 FY 10 144,000 144,000 0 0.0000 26,750,000 2 FY 11 648,000 484,000 164,000 0.0060 27,151,250 3 FY 12 633,600 467,140 166,460 0.0060 27,558,519 4 FY 13 619,200 450,243 168,957 0.0060 27,971,897 5 FY 14 604,800 433,309 171,491 0.0060 28,391,475 6 FY 15 590,400 416,336 174,064 0.0060 28,817,347 7 FY 16 576,000 399,325 176,675 0.0060 29,249,607 8 FY 17 561,600 382,275 179,325 0.0060 29,688,351 9 FY 18 547,200 365,185 182,015 0.0060 30,133,677 10 FY 19 532,800 348,055 184,745 0.0060 30,585,682 11 FY20 518,400 330,884 187,516 0.0060 31,044,467 12 FY 21 504,000 313,671 190,329 0.0060 31,510,134 13 FY 22 489,600 296,416 193,184 0.0060 31,982,786 14 FY 23 475,200 279,119 196,081 0.0060 32,462,528 15 FY 24 460,800 261,777 199,023 0.0060 32,949,466 16 FY25 446,400 244,392 202,008 0.0060 33,443,708 17 FY 26 432,000 226,962 205,038 0.0060 33,945,363 18 FY 27 417,600 209,486 208,114 0.0060 34,454,544 19 FY 28 403,200 191,965 211,235 0.0060 34,971,362 20 FY 29 388,800 174,396 214,404 0.0060 35,495,932 21 FY 30 374,400 156,780 217,620 0.0060 36,028,371 10,368,000 6,575,719 3,792,281 31,170,784 First Year t Per month $ 13,667 First Year t Annually $ 164,000 $6.04 ;Dec$100,000 assessed value Annual Cost to Average Home 316,000 Increase over 2010 Current Tax Rate 1.7767 Current Property Tax 5,614 % Increase Total Tax Bill 19 0.34% 5,633 Assumes 1.5%grand list growth; Assumes no outside contributions Option 3 Principal: $ 7,200,000 Interest: 4.00% Period: 20.00 Debt Service Incremental Tax Grand List Annual Debt Sery ice Apply R&M From Prop.Tax based on G.L. escalated at 1.5% 1 FY 10 144,000 144,000 0 0.0000 26,750,000 2 FY 11 648,000 489,500 158,500 0.0058 27,151,250 3 FY 12 633,600 475,100 158,500 0.0058 27,558,519 4 FY 13 619,200 460,700 158,500 0.0057 27,971,897 5 FY 14 604,800 446,300 158,500 0.0056 28,391,475 6 FY 15 590,400 431,900 158,500 0.0055 28,817,347 7 FY 16 576,000 417,500 158,500 0.0054 29,249,607 8 FY 17 561,600 403,100 158,500 0.0053 29,688,351 9 FY 18 547,200 388,700 158,500 0.0053 30,133,677 10 FY 19 532,800 374,300 158,500 0.0052 30,585,682 11 FY20 518,400 359,900 158,500 0.0051 31,044,467 12 FY21 504,000 345,500 158,500 0.0050 31,510,134 13 FY22 489,600 331,100 158,500 0.0050 31,982,786 14 FY 23 475,200 316,700 158,500 0.0049 32,462,528 15 FY 24 460,800 302,300 158,500 0.0048 32,949,466 16 FY25 446,400 287,900 158,500 0.0047 33,443,708 17 FY26 432,000 273,500 158,500 0.0047 33,945,363 18 FY 27 417,600 259,100 158,500 0.0046 34,454,544 19 FY 28 403,200 244,700 158,500 0.0045 34,971,362 20 FY 29 388,800 230,300 158,500 0.0045 35,495,932 21 FY 30 374,400 215,900 158,500 0.0044 36,028,371 10,368,000 7,198,000 3,170,000 0.0051 31,170,784 Average First Year(Per month $ 13,208 First Year(Annually $ 158,500 $0.005 per$100,000 assessed value Annual Cost to Average Home 316,000 Increase over 2010 Current Tax Rate 1.7767 Current Property Tax 5,614 Increase Total Tax Bill 16 0.29% 5,630 Assumes 1.5%grand list growth; Assumes no outside contributions • gel"` southb rli - gt n PLANNING & ZONING August 10, 2009 James Polli 90 Stonington Circle South Burlington, VT 05403 Dear Mr. Polli, Thank you for your letter concerning the Sign Ordinance. Denis Gravelin passed it along to me as the department responsible for administering the Ordinance. Let me first welcome you as a new resident to South Burlington. I hope that you enjoy living here and continue to be engaged in the operations of the City, as this is the foundation of good government. Your question related to "readerboards." In general, the Ordinance seeks to balance the needs of the community— including its businesses, its places of worship, its visitors, and its residents— while at the same ensuring safety for all users. I am happy to report that the Ordinance does allow for changeable message areas for types of businesses that rely upon these types of signs, such as theaters, churches and other places of worship, schools, motels and hotels, and performing arts venues. These are permitted to be a part of the business's permanent sign. Some of our businesses make use of this option, such as Higher Ground, the Faith United Methodist Church, and the Ho Hum Motel, while others such as the Double Tree Hotel and Community Bible Church elect to use their allowable sign space for permanent displays. In short, the Ordinance does, indeed, permit the types of"Happy Birthday" message that you describe in your letter, though not all businesses choose to do so. You may have noticed, however, that the Holiday Inn on Williston Road recently removed the "readerboard"part of its sign. As you might know, this particular sign is substantially larger that what the Ordinance permits following its June 3, 2009 compliance date (enacted back in 2002). Many businesses in the area, including Sheraton and Staples, had similar challenges. Those two removed their signs in June. The Holiday Inn has ordered a new sign, but its sign manufacturer is backlogged due to a nation-wide rebranding being undertaken by the company. As an expression of good faith towards the community, the owners of the Holiday Inn on Williston Road agreed to remove their readerboard until the new, conforming sign is in place. At that time, the business will have the option to install a new readerboard as a part of their permanent sign. Should you have any questions, or wish to discuss this further, please feel free to contact me. Sincerely, • Paul Conner Director of Planning & Zoning 575 Dorset Street South Burlington, VT 05403 tel 802.846.4106 fax 802.846.4101 www.sburl.com Option 3 Principal: $ 7,200,000 Interest: 4.00% Period: 20.00 Debt Service Incremental Tax Grand List Annual Debt Sery ice Apply R&M From Prop.Tax based on G.L. escalated at 1.5% 1 FY 10 144,000 144,000 0 0.0000 26,750,000 2 FY 11 648,000 489,500 158,500 0.0058 27,151,250 3 FY 12 633,600 475,100 158,500 0.0058 27,558,519 4 FY 13 619,200 460,700 158,500 0.0057 27,971,897 5 FY 14 604,800 446,300 158,500 0.0056 28,391,475 6 FY 15 590,400 431,900 158,500 0.0055 28,817,347 7 FY 16 576,000 " 417,500 158,500 0.0054 29,249,607 8 FY 17 561,600 403,100 158,500 0.0053 29,688,351 9 FY 18 547,200 388,700 158,500 0.0053 30,133,677 10 FY 19 532,800 374,300 158,500 0.0052 30,585,682 11 FY 20 518,400 359,900 158,500 0.0051 31,044,467 12 FY21 504,000 345,500 158,500 0.0050 31,510,134 13 FY22 489,600 331,100 158,500 0.0050 31,982,786 14 FY 23 475,200 316,700>` 158,500 0.0049 32,462,528 15 FY24 460,800 302,300 158,500 0.0048 32,949,466 16 FY25 446,400 287,900 158,500 0.0047 33,443,708 17 FY 26 432,000 273,500 158,500 0.0047 33,945,363 18 FY 27 417,600 259,100 158,500 0.0046 34,454,544 19 FY28 403,200 244,700 158,500 0.0045 34,971,362 20 FY 29 388,800 230,300 158,500 0.0045 35,495,932 21 FY 30 374,400 215,900'' 158,500 0.0044 36,028,371 10168,000 7,198,000 3,792,281 0.0051 31,170,784 Average First Year(Per month $ 13,208 First Year(Annually $ 158,500 $5.10 per$100.000 assessed value Annual Cost to Average Home 316,000 Increase over 2010 Current Tax Rate 1.7767 Current Property Tax 5,614 Increase Total Tax Bill 16 0.29% 5,630 Assumes 1.5%grand list growth; Assumes no outside contributions City of South Burlington Local Option Sales Tax-Account Balances 100-02-2050-00.01 Beginning Balance 7/1/08 $ 1,775,557.18 Collections from SOV $1,821,186.06 Appropriations: Appropriated Sales and Use Taxes-Property Tax Relief $ (1,858,000.00) Appropriated Sales and Use Taxes-Fire Safer Grant $ (75,284.00) $ (1,933,284.00) Balance Forward 7/1/09 $ 1,663,459.24 City of South Burlington Local Option Room and Meals Tax-Account Balances 100-02-2050-00.02 Beginning Balance 7/1/08 $ 594,100.97 Collections from SOV $604,554.99 Appropriations: Appropriated Rooms and Meals Taxes-Recondition Building $ (350,000.00) Balance Forward 7/1/09 $ 848,655.96 $ 2,512,115.20 VERMONT DEPARTMENT OF TAXES 2009 Local Option Sales Tax- So. Burlington Information QUARTER RETURNS TAX 70%OF TAX MINUS FEE TOWN CHECK QTR. ENDING PROCESSED COLLECTED COLLECTED ($10.80/rtn x 70%) AMOUNT 3 09/30/08 2,412 $856,391.07 $599,473.75 $18,234.72 $581,239.03 Estimates for lost Local Option Sales Tax Revenue $22,151.42 4 12/31/08 3,095 $ 1,042,173.82 $ 729,521.67 $ 23,398.20 $ 706,123.47 1 2/10/09-5/9/09 2,607 $759,115.80 $531,381.06 $19,708.92 $511,672.14 2 $2,657,680.69 $1,860,376.48 $61,341.84 $1,821,186.06 VERMONT DEPARTMENT OF TAXES 2009 Local Option Meals Tax- So. Burlington Information QUARTER RETURNS TAX 70%OF TAX MINUS FEE TOWN CHECK QTR. ENDING PROCESSED COLLECTED COLLECTED ($10.80/rtn x 70%) AMOUNT 3 09/30/08 374 $338,726.23 $237,108.36 $2,827.44 $234,280.92 4 12/31/08 386 $286,962.26 $200,873.58 $2,918.16 $197,955.42 1 2/10/09-5/9/09 400 $250,489.50 $175,342.65 302400% $172,318.65 2 $876,177.99 $613,324.59 $8,769.60 $604,554.99 $ 3,533,858.68 $ 2,473,701.08 $ 70,111.44 $ 2,425,741.06 Oft south PLANNING & ZONING MEMORANDUM TO: South Burlington City Council & City Manager FROM: Paul Conner, Director of Planning & Zoning DATE: August 10, 2009 SUBJECT: Sign Ordinance 5' Setback Requirements: photo review & analysis At the Council's June 15`h meeting, staff was asked to take some pictures of signs that are not meeting the minimum five (5) foot setback requirement around the City. As you recall, Mr. Charles Bolton has requested that the city consider an amendment to the Ordinance. In his particular case along Patchen Road the City right-of-way extends several feet beyond the edge of the sidewalk into the grassed area of the yard. Staff was asked to look into how common an issue this was and to provide some visual examples. Current Sign Setback Requirement: All free-standing signs must be located at least 5' from any property line (including the City's Right of Way). Where a sign is to be greater than 40 square feet in size, it must be located at least 20' from a property line. Visual survey results Staff examined the two most common sign setback issues in the city: 1. Locations where the City Right-of-Way is wider than the sidewalk. In some areas of the city, the right-of-way owned by the City is wider than the area currently used for roads and sidewalks. Patchen Road, Allen Road, Airport Parkway, and Lime Kiln Road are examples. These ROWs are reserved for potential future traffic lanes, turning lanes, and/or recreational paths. We have found that in many cases, signs along these roads are less than 5' from the Right-of-Way, even if they are more than 5' from the sidewalk. Mr. Bolton's property is an example of this. Other examples are found in photos 8-12. Staff estimates there to be approximately 15 of these signs on these four roads, including 9-10 along Patchen Road itself. Note that while we believe that most, if not all of the signs in this situation are located along the three streets noted above, it remains possible that there are other quirks elsewhere in the city that would fall under the same condition. 2. Locations where the City Right-of-Way is at or near the sidewalk. Along most of the city's commercial roads, the edge of the sidewalk marks the edge of the right-of-way. In these situations, wherever a sign (or its planter) is less than 5' from the sidewalk, it is violation of the Ordinance. In addition, any sign over 40 square feet in size needs to be at least 20' from the sidewalk. Staff has found several signs along these roads that do not meet the setback criteria. Examples of this are found in photos 1-7. Staff estimates there to be approximately 35- 40 of these signs, mostly located along Williston and Shelburne Roads. Staff recommendation: The staff recommendation is to keep the Ordinance as is. Along Patchen Road and other areas with wide rights of ways, future city plans for recreation paths, new turning lanes, etc., could be impeded by signs that are too close to the Right-of-Way. Along Shelburne and Williston roads, the issues are safety for motorists and pedestrians, and potential damage to city plow vehicles. If the Council does wish to amend the Ordinance, the staff recommendation would be to permit a one-foot setback from Lime Kiln Road, Patchen Road, Airport Parkway, and Allen Road, for signs less than 40 square feet in size. Staff recommends recommend against any easements that would allow signs to be placed in the city right-of-way. 2 A, ' z...:g ;s.r :z7a ;Y,^ a3s=,"; ,,"-r ,h„. r;'„rf:;✓s ti' `5`3r,..4^.z''\`` `, ,• � , , i•,',''• 4 ° .;" ,.,tea .',•: ;,,r, t* 2 ^- o- w.2' k1,11t - ,a`�.,,,-'.,'.-4'-,' P hoto #1 C,,,'f:--,t.'.,^1.•-,:-,-,"4,4 1--'-.,‘•'-,._'''.'?'',-•w-'a,"r r4•'.:'-,,,,-.4'''::-i•‘,,t.,,,',,t.•.•—,,.-,1,'.i.,;!,,.,,0°-'r'„7 A,'-01';,,::,',2'.:"',e7--f-,'ri',;'1•.-E 5g,:'42-,""t'4'',°"',-",,*fA-l",:''',1,4.4,r.*,,.•,M.'l,,,',-,-,,m,..-,,,','4,,.iNt,.'-‘..,,-.t..'s—,,;,,(,i,l,t1"','.;,'-,,'',,,,-A—*.,',',',',:A,',.'g,i :-:,4'N' ,i ` 4'•, - y Ordinance: Minimum setback 5ft. from Ri ht of Wa .? w` +` : " �: :' ^•' Existing Patchen Road Right of Way: 66ft. ! kr ` :i '. ,'m is i < Notes: Too close to ROW, Chuck Bolton and � �a� ►or'�<�N ,,to, „ adjacent property +��" ,4� yr.,I^1a„864"11552 "<`;€'t ut',' " p `,:.. ,t :/i s,`r . Ire "- r„ , ``.,a > ''wK` ;,a , ''',� " "'V'? sue".'. X` y t �; a 1: �,t; , . ,,.,e „:,, 4.-:,.,_. ' .: ; _ ' ,,tea Photo #2 _� na a fit :• .µ: 4 .,�, `gyp Ordinance: Minimum setbackRiht 5ft.of Wa from Right66ft. of Way Existin Patchen Road' . Notes: Probably in ROW Ixurgtcvre'nco�paated:' : n. ,s `*?.., ENROFEtiE ,N.tl r. , wy' ".`a`.F .� ,7'r. T,. ".:ice=1�r;..tY �'wn . ; :..'x Photo #3 `� x3 Ordinance: •Minimum setback 5ft. from Right of Way s is '. . � .. � ` ExistingLim Kiln oa of i Way. , a. -� Q' s�^jy�E %w rod:• .%!:"ff .� q-<- s."ro; � «� �� Notes: Possibly in ROW or too close to OW {� >a,;xq< F'„ii f...C,k.��`a�.\.�,i2V"y�`;'tiY%a .."�'����fw...`:•i y.-x.. T^a �- .7,,,,n-k ,,t R -Q7'``�,s°x:x<>-s'C:. �>„`4`,', X"�':,:°� lllh , . j`f.+a, . ..„•°�,.,,., 3a.y-"W 5•,..z•' •,.sc;.""j. y xr, , � . � .. , A .ri *ham, 4. a 4 • �° $' Photo #4 . ' 14., . ;; Ordinance: Minimum setback 5ft. from Right of Way Existit ing Allen Road Right of Way: 66ft. - ,- "'•,�., Notes: Possibly in ROW or too close to ROW .,, , fix : «''"' ;:.''' i, ..,... .. t _t' p r�C. '�s w+a-. t ter, ,� = Photo #5 �. KITTHEOEE CPHPONAI' 1 " ': ` I Ordinance: Minimum setback 5ft. from Right of Way ,- °°' . I ___• Existing Patchen Road Right of Way: 66ft. . Notes: Possibly in ROW or too close to ROW. � � 4, 'fig Across the street from Chuck Bolton r y � w5 ' %4''. Photo #6 - Ordinance: Minimum setback 5ft. from Right of Way Existing Shelburne Road Right of Way: 100ft. `2r d g Notes: Too close to ROW I ,, , - ... smMw2a<... d fir,e:„ •s 2. r .. L' .y k * .,,,`i „sn 'ems , E 1 , j(! f 1 Mcoon. d 4 Photo #7 ry Ordinance: Minimum setback 5ft. from Right of Way ►� " ,'i: Existing Williston Road Right of Way: 66ft. " " Notes: Too close to ROW girt.- ;<, b P-,f007 O6i24/2009 8 48 am ors r nd '#"' o-n ` Photo #8 ag ��; Ordinance: Minimum setback 5ft. from Right of Way ' � {, Existing Williston Road Right of Way: 66ft. ; ; 1. Notes:-■ ,,;,.. Too Close to ROWr �34':- ",, ,,, , .; �, ; i ?I AA'; `,,, ' ,::y, ,. , a4 4'IL:',641,,' 4.,,A.IN,A1'% *4.24. -'44::''rk,' tc,,i;C:ArYk''''''''.111' r� M� �W s? o-�� fl� y, e 4 le g'L7O1LYl $Ma �5 ,. •k � m� q�t�g, �4�2• ��Y�� ? � � ,. 4� T-" ^ 1 F�"K "� 4 ��.�� ... p 4, ,.,,,,..„,, „,,,..4„.A• : ,v- 4-,..",t-,.it:we-Awry;-,' - , ?'`,,mot: P. aY.' • 17`'... 3q�*,Ar, t Photo #9 � Gni,,, ,fit'+r) -; Ordinance: Minimum setback 5ft. from Right of Way . �[ �y r 1 lootoi.. i , - Existing Williston Road Right of Way: 66ft. tAtimIik, Notes o. Too CI se to ROW gn, }}yy a gy r a_ ,.. � +.w..c .,..":';T,2wlk.. ...>, e».w�aaktiRk.33"� '..'x..'.... .. �.. y , k '; ."firCj b X - . nP` E a e4 � ' 3,' i :. � Photo #10 Ordinance: Minimum setback 5ft. from Right of Way t . Existing Shelburne Road Right of Way '100ft. Y 4 i ,., � .�.af :. Notes: Projecting over ROW pr, ram` 0 i : _ ,: 9 e`V k • 5 •y,„, `A •R� itit F dg�� A 1. e 'Lak 4 % 0 * gym .R *d�*:' "°i.°" .: ' y a ,i k•..4 kv, a tk wt +�, tell f$ �- .�: Photo #11 't vYi „,it,*..."rt w- _yyy�{ 11r' j 4 ( . �'/" °� ' A' Ordinance: Minimum setback 5ft. from Right of Way Sk a ' -011..,-- t-T-t- , „ , :, , ,, ., " " Existing Shelburne Road Right of Way: 100ft. ',T - Y7 Notes: Too close to ROW iy1at '�;.- 3 j /#r 41*111 CHElfROLET -,----- s iErER 1 : ` ' Cl Photo #12 y p� • . Ordinance: Minimum setback 5ft. from Right of Way . ' ' or 20 ft. if sign is more than 40 sq. ft. Existing Shelburne Road Right of Way: 100ft. 'Is Notes: Sign too tall and not meeting 20 ft setback ' p from widened ROW due to exceeding 40 sq. ft. 06/23/20 � s � *4` ' Lc* 111[411 southburlington VERMONT August 10, 2009 Memo to: Chuck Hafter, City Manager From: Denis Gravelin, Assistant City Manager Subject: Consideration of approval Municipal Certificate as to Municipal Bond, Vermont Bond Bank Bond Refunding Enclosed for consideration by the City Council is a certificate entitled Municipal Certificate as to Municipal Bond. The Vermont Bond Bank has completed a bond refunding of the 1992, 1997, and 1998 Series previously issued and will distribute the savings realized in the form of a credit toward the last payment and checks each year thereafter. The South Burlington 1992 Series was issued for the purchase of parkland. The savings distributed to South Burlington amounts to $11,449.81. We recommend the City Council approve and sign the Certificate and authorize the Treasurer to sign the IRS Form 8038-G. enclosures VERMONT MUNICIPAL BOND BANK SERIES 2009-2 REFUNDING BONDS (1992-1/1998-2) Municipality Certificate as to Municipal Bond We, the Treasurer and at least a majority of the City Council of the City of South Burlington (the "Municipality") HEREBY CERTIFY as follows: 1. Reference is made to the Tax Certificate or Arbitrage and Use of Proceeds Certificate, including Schedule A-2, and IRC Section 148 Certification(the "Prior Certificates") given in connection with a certain "Municipal Bond(s)" as defined in the Prior Certificates. The covenants, certifications, representations and warranties made in the Prior Certificates with respect to each Municipal Bond and the project financed by the proceeds thereof continue to be accurate and complete in all material respects and the Municipality expects to continue to comply with the covenants in the Prior Certificates. 2. As to expectations expressed in the Prior Certificates concerning events that were to occur prior to the date of this Certificate, such expectations have been fulfilled in all material respects. All of the proceeds and earnings on the proceeds of each Municipal Bond have been spent substantially in accordance with such expectations. 3. As to expectations in the Prior Certificates relating to periods that have not yet occurred, such expectations(and the representations and covenants on which such expectations were based) are hereby ratified and confirmed as of the date of this Certificate. 4. Also attached hereto is a new Internal Revenue Service Form 8038-G executed by the Treasurer of the Municipality. The information set forth in said Form is accurate and complete to the best of our knowledge. We have been instructed by the Vermont Municipal Bond Bank that each Municipal Bond is now treated as a "refunding bond" as of the date hereof for purposes of Form 8038-G. 5. With respect to each Loan Agreement between the Municipality and the Vermont Municipal Bond Bank (the "Bond Bank"), and all amendments thereto, under which each Municipal Bond was issued, within thirty(30) days following a request by the Bond Bank, the Municipality agrees to furnish the Bond Bank with its most recent financial statements, explanatory notes and other financial and operating information as the Bond Bank may request. In addition, the Municipality agrees to notify the Bond Bank immediately of any material event which has or may have an effect upon it financial condition or it ability to perform fully and timely any covenant, obligation or undertaking set forth in each Loan Agreement or each Municipal Bond. As used in this paragraph, a material event is any one of the following: (a) Actual or anticipated delinquency or default of payment of principal or interest on each Municipal Bond or any other debt obligation of the Municipality; (b) Any actual or anticipated default or breach on the part of the Municipality with respect to any term or provision of each Loan Agreement or like agreement to which the Municipality is a party; or (c) Any release, substitution or sale of property securing repayment of each Municipal Bond. 6. No portion of the proceeds of each Municipal Bond have been or will be invested, directly or indirectly, in Federally insured deposits or accounts other than (A) investments of unexpended Municipal Bond proceeds for an initial temporary period until the proceeds are or were needed for the Project, and(B) investment of a debt service fund. 7. With respect to any amounts received from condemnation, insurance, or disposition of any part of the Project financed by each Municipal Bond or any other amounts set aside by the Municipality, which are or were pledged to, expected to be used or used for the payment of debt service on each Municipal Bond, the Municipality will so notify the Bond Bank and will either invest such amounts in obligations of the State of Vermont or other State or of any political subdivision thereof, the interest on which is exempt from Federal income taxation pursuant to Section 103 of the Internal Revenue Code of 1986,invest such amounts in obligations having a yield that is less than the lesser of the Municipal Bond or the Bond Bank Bonds, or comply with the provisions of any Accounting Memorandum attached to the Prior Certificates, unless specifically advised in writing to the contrary by the Vermont Municipal Bond Bank. 8. The Project financed by each Municipal Bond is and will be owned by the Municipality and will not be leased to any person who is not a state or local government unit. The Municipality has not and will not enter into any contracts or other arrangements, including without limitation, management contracts, capacity guarantee contracts, take or pay contracts or put or pay contracts, pursuant to which such persons have a right to use or make use of the Project on a basis not available to members of the general public. IN WITNESS WHEREOF, we have hereunto set our hands on behalf of the Municipality this day of , 2009. CITY OF SOUTH 714 OOD pTHBURL GTON By: C. All or a majority of its City Council And By: Its Treasurer [5115-40] Form 8038-G Information Return for Tax-Exempt Governmental Obligations ► Under Internal Revenue Code section 149(e) OMB No.1545-0720 {Rev. November 2000) ► See separate Instructions. Department of the Treasury Caution:If the issue price is under$100,000, use Form 8038-GC. Internal Revenue Service Part! Reporting Authority If Amended Return, check here ► ❑ 1 Issuer's name CITY OF SOUTH BURLINGTON 2 Issuer's employer identification number Dennis Gravelin 03 ; (,d 0 7/„'L. 3 Number and stre Assistant City Manager •) Room/suite 4 Report number 575 Dorset Street • 3 -1 5 City, town, or po South Burlington,VT 05403 6 Date of issue 09-06-09 7 Name of issue 8 CUSIP number 2009 Series Refunding Obligation (1998-2) None 9 Name and title of officer or legal representative whom the IRS may call for more information 10 Telephone number of officer or legal representative J. Paul Giuliani,Bond Counsel ( 802 ) 223-3479 PanIli Type of Issue (check applicable box(es) and enter the issue price) See instructions and attach schedule 11 ❑ Education 11 12 ❑ Health and hospital 12 13 ❑ Transportation 13 14 ❑ Public safety 14 15 ❑ Environment(including sewage bonds) 15 16 ❑ Housing 16 17 ❑ Utilities 17 18 ❑ Other. Describe ► 18 19 If obligations are TANS or RANs, check box ► ❑ If obligations are BANs, check box ► ❑ 20 If obligations are in the form of a lease or installment sale, check box ® ❑ TAM- ll-_ Description of Obligations. Complete for the entire issue for which this form is being filed. (a) Final maturity date (b)Issue price (c)Stated redemption (d)Weighted (e)Yield price at maturity average maturity 21 $ $ years (3. VPlit Uses of Proceeds of Bond Issue (including underwriters' discount) 22 Proceeds used for accrued interest 22 -0- 23 Issue price of entire issue (enter amount from line 21, column (b)) 23 24 Proceeds used for bond issuance costs (including underwriters' discount) . 24 -0-25 Proceeds used for credit enhancement 25 -0- 26 Proceeds allocated to reasonably required reserve or replacement fund , , 26 -0- 27 Proceeds used to currently refund prior issues 27 28 Proceeds used to advance refund prior issues 28 -0- 29 Total (add lines 24 through 28) 29 30 Nonrefundinq proceeds of the issue (subtract line 29 from line 23 and enter amount here) . . 30 -0- # = Description of Refunded Bonds (Complete this part only for refunding bonds.) 31 Enter the remaining weighted average maturity of the bonds to be currently refunded , . . ► years 32 Enter the remaining weighted average maturity of the bonds to be advance refunded ► N/A years 33 Enter the last date on which the refunded bonds will be called ► 34 Enter the date(s) the refunded bonds were issued ► 07-29-92(7-23-98 1` ] Miscellaneous 35 Enter the amount of the state volume cap allocated to the issue under section 141(b)(5) 35 N/A 36a Enter the amount of gross proceeds invested or to be invested in a guaranteed investment contract(see instructions) 36a -0- b Enter the final maturity date of the guaranteed investment contract PP- - % 37 Pooled financings: a Proceeds of this issue that are to be used to make loans to other governmental units 37a -0 b If this issue is a loan made from the proceeds of another tax-exempt issue, check box ► ❑ and enter the name of the issuer ► Vermont Municipal Bond Bank 2009-2 and the date of the issue ► 07-21-09 38 If the issuer has designated the issue under section 265(b)(3)(B)(i)(lll) (small issuer exception), check box • . ► ❑ 39 If the issuer has elected to pay a penalty in lieu of arbitrage rebate, check box to- ❑ 40 If the issuer has identified a hedge, check box ► ❑ Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements,and to the best of my knowledge and belief,they are true,correct,and complete. Sign Here Signature of issuer's authorized representative Date Type or print name and title For Paperwork Reduction Act Notice, see page 2 of the Instructions. Cat.No.63773S Form 8038-G (Rev. 11-2000) 0 FINAL SAVINGS ANALYSIS South Burlington Loan Loan Coupon Annual Savings Adjusted Date Principal (Yield) Interest P&I P&I Allocation Debt Service 12/01/09 35,000.00 6.5590% 4,591.30 39,591.30 39,591.30 39,591.30 06/01/10 3,443.48 3,443.48 3,443.48 12/01/10 35,000.00 6.5590% 3,443.48 38,443.48 41,886.95 38,443.48 •06/01/11 2,295.65 2,295.65 2,295.65 12/01/11 35,000.00 6.5590% 2,295.65 37,295.65 39,591.30 37,295.65 06/01/12 1,147.83 1,147.83 1,147.83 12/01/12 35,000.00 6.5590% 1,147.83 36,147.83 37,295.65 798.67 35,349.16 06/01/13 12/01/13 3,112.37 (3,112.37) 06/01/14 12/01/14 2,229.08 (2,229.08) 06/01/15 12/01/15 1,262.89 (1,262.89) 06/01/16 12/01/16 1,862.99 (1,862.99) 06/01/17 12/01/17 1,732.99 (1,732.99) 06/01/18 12/01/18 450.82 (450.82) 06/01/19 12/01/19 06/01/20 12/01/20 06/01/21 12/01/21 06/01/22 12/01/22 06/01/23 .12/01/23 06/01/24 12/01/24 06/01/25 12/01/25 06/01/26 12/01/26 06/01/27 12/01/27 06/01/28 12/01/28 06/01/29 12/01/29 '06/01/30 12/01/30 06/01/31 12/01/31 06/01/32 12/01/32 06/01/33 12/01/33 06/01/34 12/01/34 06/01/35 12/01/35 • 06/01/36 12/01/36 06/01/37 140,000.00 18,365.20 158,365.20 158,365.20 11,449.81 146,915.39 Prepared by:Citi MCKEE, GIULIANI & CLEVELAND A PROFESSIONAL CORPORATION ATTORNEYS AT LAW P.O.BOX 1455 MONTPELIER,VERMONT 05601-1455 J.PAUL GIULIANI PETER GIULIANI(1907-1998) GEORGIANA O.MIRANDA(NY AND VT) TELEPHONE:(802)223-3479 W.EDSON McKEE(1923-1999) GLORIA K.RICE FAX(802)223-0247 ALDEN GUILD(RET.) JOHN P.RILEY GLENN C.HOWLAND OF COUNSEL FREDERICK G.CLEVELAND ELIZABETH H.MAGILL OFFICES AT: TD BANKNORTH BUILDING July 23, 2009 94 MAIN STREET,2ND FLOOR MONTPELIER,VT 05602 TO: Participating Municipalities FROM: J. Paul Giuliani RE: Vermont Municipal Bond Bank Refunding On July 21, 2009, the Vermont Municipal Bond Bank issued and sold $25,690,000 of 2009 Series 2 refunding bonds for the purpose of providing debt service reductions to a number of Vellnont municipalities whose bonds had been sold to or previously were refunded by the Bond Bank in 1992, 1997 and 1998. Attached to this memorandum is a copy of your municipality's revised debt service schedule showing the savings to be realized. Your bond payments due on each December 1 will be reduced by the savings credit amount shown on that schedule. In order to take advantage of these debt service savings,the following action must be taken expeditiously: (1) The enclosed Municipality Certificate as to Municipal Bond should be approved at a regular or special meeting of your legislative body. It must be dated and signed by all or a majority of the legislative body and the Treasurer. Note that if an Arbitrage and Use of Proceeds Certificate or Tax Certificate is attached,please do not detach. (2) The enclosed IRS Form 8038-G, must be dated and signed by the Treasurer. Please enter or verify the Municipality's federal employer identification number on line 2. (3) Copies of the enclosed materials, executed as outlined above, should be placed in your records that relate to the Municipal Bond that is being refunded. (4) The executed Municipality Certificate as to Municipal Bond and Form 8038-G should be sent to me by mail, fax or e-mail attachment as soon as possible. Due to constraints placed on the Bond Bank by the Internal Revenue Code, it is essential that I receive the Certificate and Form 8038-G no later than September 1, 2009. If the Certificate and 8038-G are not received by that date, your municipality may not be eligible to realize the debt service savings achieved bythis Bond Bank refunding. II Please do not hesitate to call me at the office or at home (223-2185) if you have any questions regarding this refunding, or communicate with me via e-mail: jpglaw@comcast.net. II Hello. I'm Tom Kingston. I am a resident of South Burlington. I have come tonight to speak on habitability of rental housing in South Burlington. I have had two rental situations in South Burlington,both of which turned out to be nightmares. Both are in single family neighborhoods with many short streets that are not exactly straight which are lined with houses that were built in the fifties, the sixties,the seventies, and some were built more recently. Many of the people in these neighborhoods are retired and live in the same houses where they raised their children. Last year I rented a two-room suite from a retired woman on McIntosh Avenue. I believed this would be a quiet and peaceful place to live. Shortly after I moved in, the land lady saw that I had a coffee maker in one of the rooms and told me the wiring in that particular room is too old and instructed me not to use the plugs in that room for antthing other than a reading lamp. I called the City Manager's office to find out who I would speak to about building codes pertaining to an electrical wiring issue in a residential rental. The person I spoke to told me there is no building code in South Burlington and I was referred to the state government. The phone number I was given led me to a state department that is interested in building codes pertaining to commercial developments. Currently, I am living in a house with an inadequate heating system. I have communicated with the owner and ameliorations have been made. The performance of the heating system went from intolerable to borderline. As one who is paying the market rate for a lease, it is a reasonable to expect that wiring and heating should be in good condition. Problems like these persist because tenants are likely to be demure. They want to be in good graces with their landlords. In some cases,people might not know what is reasonable to expect. Some renters have intellectual limitations and might not know how to communicate about these issues. Some renters were born in other countries and have linguistic barriers, as was the case with my ancestors when they left the old country. At least 27%of the residents of South Burlington are renters and are dependent on their landlords for safe and healthful living. I recently learned that habitability inspections are done on request by the City Manager. Even though I would like to think I don't have a linguistic barrier, my mistake is that I inquired about the building code, when I should have inquired about the habitability code. Some of my suggestions might seem earth shattering,however, the problems I experienced could have been prevented with housing habitability inspections and certifications. Firstly,municipal employees know that not all people who make inquiries are up on municipal jargon and should be competent to assist callers. Secondly, there are about ten different city offices listed in the telephone book. A phone number for rental housing habitability inspections can be shown here. Thirdly, the City of South Burlington has a very extensive website however there is no information about rental housing habitability inspections. The South Burlington Home Page could have a link for information about habitability inspections. Fourthly, as stewards of the community, I'm sure you are all in agreement that an ordinance requiring habitability inspections would be helpful. While, there is likely to be some debate before an ordinance like this is enacted, my fifth suggestion is that the City facilitate the development of the South Burlington Society of Responsible Landlords, that is, landlords who voluntarily seek habitability inspections and certificates. The long term benefit for the City is that South Burlington would gain a reputation as a safe and healthy place fore renters to live. VLCT ANNUAL BUSINESS MEETING 1:30 p.m.-3:30 p.m. Thursday, October 1, 2009 Barre Municipal Civic Center Alumni Hall, Main Room DELEGATE DESIGNATION FORM We, the Selectboard/City Council of cc.. , i (City/Town) designate the following individual as the voting delegate for our city/ town at the 2009 Annual Business Meeting: (Name, please print) (Position) We understand that the above individual will represent the city/town as a voting member of the VLCT membership. Signed (Chairperson) (Date) Please complete and return by Friday, September 18`h, to VLCT, 89 Main Street, Suite 4, Montpelier, Vermont 05602. If you prefer, you may fax it to us at (802) 229-2211 or bring it with you to TOWN FAIR. See you there! July 2009 South Burlington Planning Commission 'n 575 Dorset Street =1 / It:r s E South Burlington, VT 05403 (802) 846-4106 www.sburl.com Meeting Tuesday, August 11th, 2009 7:30 pm South Burlington Municipal Offices, 575 Dorset Street AGENDA: 1. Open to the Public for items not related to the agenda (5 mins) 2. Planning Commissioner Announcements & Director's Report (10 mins) 3. Land Development Regulations (25 mins) a. Consideration of auto sales/ rental in the SEG-Village Commercial District. b. Consideration of Master Plan requirement for properties over 10 acres in size. c. Consideration of exempting lots of less than 15,000 square feet from Design Review on the west side of Hinesburg Road. d. Consider amending Public Hearing date due to scheduling conflict. 4. Comprehensive Plan (25 mins) a. Chapter Format & Design b. Public Input & Completion Strategy 5. Recreation Planning (10 mins) a. Project introduction and status report 6. Consider and discuss sign ordinance amendments (15 mins) a. Directional signs, other 7. Approve minutes of last meetings (5 mins) a. July 14th 8. Upcoming Planning Commission meetings a. August 24th: Training Workshop; August 25th: Regular Meeting Respectfully submitted, ,z 74t— Paul Conner, AICP, Director of Planning &Zoning A' 000 TO: Vermont Selectboards and City Councils FROM: William Perkins,VLCT Board of Directors RE: Voting Delegates at the VLCT Annual Business Meeting VERMONT LEAGUE of CmES&TOWNS 89 Main Street,Suite 4 Montpelier,Vermont As part of TOWN FAIR, the Vermont League of Cities and Towns will 05602-2948 hold its annual business meeting at the Barre Municipal Civic Center, Alumni Hall in the Main Room starting at 1:30 p.m., Thursday, October Tel.: (802)229-9111 1,2009. Fax: (802)229-2211 e-mail: To assure that all VLCT-member cities and towns are properly represented info@vlct.org and able to participate in the development of the 2010 Vermont Municipal Policy (the Legislative Platform of the Vermont League of Cities and Towns) web: and the election of League officers, we are asking you as your municipality's www.vlct.org legislative body to designate one official from your town as a VOTING DELEGATE for the meeting. This designation will assure that each town is heard from and gets only one vote. Your assistance in informing us of your decision prior to the meeting by completing and returning the enclosed form will expedite this. However, designations can be made on the date of TOWN FAIR at the VLCT Information Booth. Designated delegates can pick up their credentials card at the VLCT Information Booth in the registration area at the Bane Municipal Auditorium after they go through the registration line. ONLY DELEGATES WILL BE ALLOWED TO VOTE AT THE ANNUAL BUSINESS MEETING! July 2009 Enclosure Sponsor ofi VLCT Health Trust,Inc. VLCT Municipal Assistance Center VLCT Property and Casualty Intermunicipal Fund,Inc. VLCT Unemployment Insurance Trust,Inc. SERVING AND STRENGTHENING VERMONT LOCAL GOVERNMENTS