Loading...
HomeMy WebLinkAboutAgenda - City Council - 02/01/2010 10 • 1' Charles E. Halter, City Manager AGENDA SOUTH BURLINGTON CITY COUNCIL CITY HALL CONFERENCE ROOM 575 DORSET STREET SOUTH BURLINGTON, VERMONT REGULAR MEETING 7:00 P.M. MONDAY, FEBRUARY 1, 2010 1) Comments and Questions from the public(not related to the Agenda). 2) Announcements and City Manager's Report. * 3) Presentation of plans from Veterans Memorial Committee. 4) Report from Burlington International Airport regarding proposed bus terminal location, Greyhound representatives (Greyhound Coach available in parking lot from 6:30pm). * 5) Conduct Second of Two Public Hearings on City Charter Amendments. * 6) Report on 1-89 Exit 12B Innovative Financing Options Study; Michelle Boomhower, CCMPO Executive Director. * 7) Report of Sign Task Force Findings; Paul Conner, Director of Planning &Zoning. * 8) Consider Ambulance Service Fees for 2010; Chief Doug Brent, SB Fire Department 9) Continued discussion on City Manager selection process: residency requirement. * 10) Review agenda for Development Review Board meeting to be held on Tuesday, February 2, 2010. * 11) Review and approve minutes from regular City Council meeting held on January 19, 2010. * 12) Review and approve minutes from special City Council session held on January 25, 2010 13) Sign disbursement orders. * 14) Consider entering Executive Session to discuss personnel. 15) Adjourn Respectfully Submitted: Charles Hafter, City Manager 575 Dorset Street South Burlington, VT 05403 tel 802.846.4107 fax 802.846.4101 www.sburl.com Proposed Charter Amendments: § 13-110 . Annual city report The annual city and school district reports shall be made available and noticed to the legal voters of the city and school district at the arlicst time following thc fiscal your, but not later than twenty (20) days prior to the annual city and school district meeting March 1 . § 13-1302 . Preparation and submission (a) The city manager and superintendent of schools shall prepare the budgets for the city and school district , respectively, and submit same to the council and board of school directors at such time as required by said boards . The budgets shall contain: (b) The council and the board of school directors shall cause copies of the proposed budgets to be delivered to each member of the steering committee forthwith after the final preparation of said budgets, but not less than 60 45 days prior to the date of the annual city and school district meeting. The steering committee may hold a meeting for the review of such budgets, giving notice of the meeting as required in Section 1102 subchapter 10 . Prior to thc adoption of such budgets by thc city and thc South Burlington school district, No less than 4-5- 35 days prior to the annual city and school district meeting, the steering committee may submit to the council and the board of school directors its report and recommendations concerning the proposed budgets . (c) The Council shall fix the time and place for holding a public hearing on the budgets for thc city and the school district , and shall give notice of thc hearing at least 10 days prior thereto in a newspaper of general circulation in the city or by electronic means . The hearing shall be held not less than 10 days nor more than 60 days prior to the date of the annual city and school district meeting. , The council shall warn then review the city budget and approve it for submission to the voters not less than 30 days before the annual city meeting, with or without change, and in the same manner the board of school directors shall warn review its budget and approve it for submission to the voters, with or without change. § 13-1303 . City and school district annual meeting warning and budget The proposed budgets of the city and school district shall 1 be diotributcd made available to the legal voters of the city and school district at least 10 20 days before the annual city and school district meeting public hearing on thc budgcto . Not more than forty (40) nor less than thirty (30) days prior toe warnings for the annual city and school district meeting, notice shall be published in a newspaper having general circulation within the city informing voters of the date of a public hearing on the budgets and availability of the warnings for the annual city and school district meetings, the proposed city and school district budgets and the city and school district annual reports,— or by electronic m ano, at lcaot 10 days before thc date of thc annual mcctingo and thc propoocd budgcts for thc city and ochool district ohall likcwioc be publiohcd. The council and the board of school directors shall hold a public hearing on their respective budgets not more than 10 days before the annual city and school district meetings . 2 Page 1 of 2 X-Virus-Scanned: amavisd-new at sburl.com Thread-Topic: advice for Monday night meeting Thread-Index: AcghJdPpdJo1 RGWEQRmCQv9YysghewCKTlnw X-MS-Has-Attach: X-MS-TNEF-Correlator: From: Steven Stitzel <SStitzel@firmspf.corn> To: Charles Hafter <chafter@sburl.com> Subject: RE: advice for Monday night meeting Date: Mon, 1 Feb 2010 11:29:02 -0500 X-Assembled-By: XWaII v3.44 X-XWALL-BCKS: auto X-OriginalArrivalTime: 01 Feb 2010 16:20:29.0203 (UTC) FILETIME=[782C3E30:01CAA35A] X-Antivirus: AVG for E-mail 9.0.733 [271.1.1/26621 Chuck, Requirements that public employees reside within the community that employs them are generally valid and do not violate employees' constitutionally protected right to travel. Reported cases deal with requirements applicable to all employees of a given city or town or specific departments of a city or town such as fire departments or police departments. The reported cases generally address residency requirements imposed by statute, ordinance or charter. There are, however, reported cases that involve residency requirements contained in individual public sector employment agreements and collective bargaining agreements. Based on this, it is our opinion that the Council has authority to establish a residency requirement for the City Manager without amending the Charter. This said, it should be noted that Section 902 of the Charter provides that the "manager shall be chosen solely on the basis of his executive and administrative and professional qualifications." It is possible to read this provision as suggesting that the Council should not reject an otherwise qualified candidate because of a candidate's unwillingness to reside in the City. At the same time, it is difficult to imagine this provision supporting a successful legal challenge to the Council's rejection of a candidate based on residency. If the Council is interested in establishing a residency requirement for the City Manager, it is appropriate that such occur with some formality so that it is recognized as a "policy" of the City. This can be done by including the requirement in the City Personnel Regulations. As you know, the personnel regulations can be amended by the Council at any time, without voter or legislative approval. --Original Message----- From: Charles Halter[mai to:chafterAsburl.com] Sent: Friday, January 29, 2010 3:57 PM To: Steven Stitzel Subject: advice for Monday night meeting Steve: The Council is discussing whether it is a good idea to require the new manager to live in the city. Can they do that by a policy, adopted by motion, or would such an action require Printed for Charles Halter<chafter@sburl.com> 2/1/2010 Page 2 of 2 a city charter amendment? Thanks Chuck This Electronic Mail transmission and any accompanying documents contain information belonging to the sender which are CONFIDENTIAL and legally PRIVILEGED. This information is intended only for the use of the individual or entity to whom this transmission was addressed, as indicated above. If you are not the intended recipient, any disclosure, copying, distribution, or action taken in reliance on the contents of the information in this transmission is strictly prohibited. If you have received this transmission in error, please reply to the sender at 802-660-2555 or the above address and delete this message and all attachments from your storage files. Thank you. No virus found in this incoming message. Checked by AVG -www.avg.com Version: 9.0.733/Virus Database: 271.1.1/2662 - Release Date: 02/01/10 07:37:00 Printed for Charles Halter<chafter@sburl.com> 2/1/2010 Page 1 of 2 X-Virus-Scanned: amavisd-new at sburl.com Thread-Topic: advice for Monday night meeting Thread-Index: AcghJdPpdJo1 RGWEQRmCQv9YysghewCKTlnw X-MS-Has-Attach: X-MS-TN EF-Correlator: From: Steven Stitzel <SStitzel@firmspf.com> To: Charles Hafter <chafter@sburl.com> Subject: RE: advice for Monday night meeting Date: Mon, 1 Feb 2010 11:29:02 -0500 X-Assembled-By: XWaIl v3.44 X-XWALL-BCKS: auto X-OriginalArrivalTime: 01 Feb 2010 16:20:29.0203 (UTC) FILETIME=[782C3E30:01CAA35A] X-Antivirus: AVG for E-mail 9.0.733 [271.1.1/26621 Chuck, Requirements that public employees reside within the community that employs them are generally valid and do not violate employees' constitutionally protected right to travel. t Reported cases deal with requirements applicable to all employees of a given city or town or specific departments of a city or town such as fire departments or police departments. The reported cases generally address residency requirements imposed by statute, ordinance or charter. There are, however, reported cases that involve residency requirements contained in individual public sector employment agreements and collective bargaining agreements. Based on this, it is our opinion that the Council has authority to establish a residency requirement for the City Manager without amending the Charter. This said, it should be noted that Section 902 of the Charter provides that the "manager shall be chosen solely on the basis of his executive and administrative and professional qualifications." It is possible to read this provision as suggesting that the Council should not reject an otherwise qualified candidate because of a candidate's unwillingness to reside in the City. At the same time, it is difficult to imagine this provision supporting a successful legal challenge to the Council's rejection of a candidate based on residency. If the Council is interested in establishing a residency requirement for the City Manager, it is appropriate that such occur with some formality so that it is recognized as a "policy" of the City. This can be done by including the requirement in the City Personnel Regulations. As you know, the personnel regulations can be amended by the Council at any time, without voter or legislative approval. --Original Message----- From: Charles Hafter[maifto:chaftercc sburl.com] Sent: Friday, January 29, 2010 3:57 PM To: Steven Stitzel Subject: advice for Monday night meeting Steve: The Council is discussing whether it is a good idea to require the new manager to live in the city. Can they do that by a policy, adopted by motion, or would such an action require Printed for Charles Hafter<chafter@sburl.com> 2/1/2010 Page 2 of 2 a city charter amendment? Thanks Chuck This Electronic Mail transmission and any accompanying documents contain information belonging to the sender which are CONFIDENTIAL and legally PRIVILEGED. This information is intended only for the use of the individual or entity to whom this transmission was addressed, as indicated above. If you are not the intended recipient, any disclosure, copying, distribution, or action taken in reliance on the contents of the information in this transmission is strictly prohibited. If you have received this transmission in error, please reply to the sender at 802-660-2555 or the above address and delete this message and all attachments from your storage files. Thank you. No virus found in this incoming message. Checked by AVG -www.avg.com Version: 9.0.733/Virus Database: 271.1.1/2662 - Release Date: 02/01/10 07:37:00 Printed for Charles Hafter<chafter@sburl.com> 2/1/2010 . .., 1 ,, University Mall/Airportarm ATKA ig Lu it cc al L c . g o c :: N a OU a E L c c E A. B I 1• o C a25 m 4.4 O ,2 m „ -a v`, t -2 — u, a y v je 3 - .o ' r6 °' T N tJ ,n f= t! < t2 s= w = g 2 2 tf pQ--e---Om-0smomm0- 0—a► via Main St. via Kennedy Dr. via Hinesburg Rd. via Main St W MONDAY—FRIDAY SATURDA_Y_ 4 1 0 i 0 r 1 ♦ t ' i la d Q � a � 1 i VI 0000 000 0 000 0 0 0 0 0 6:15 6:19 i 6:25 R 16:46 6:49 6:56 7:08 6:15 6:20 j 6:25 1 R i 6:36 i 6:48 ; 6:57 1 7:06 6:45 6:49 6:55 R i 7:06 7:19 7:26 7:38 7:15 7:20 7:25 R , 7:36 7:48 7:57 8:06 7:15 " 7:20 7:25 7:33 7:36 1 7:49 7:57 8:08 8:15 1 8:20 8:25 R 8:36 18:48 j 8:57 9:06 7:45 1 7:50 7:55 — 8:06 ( 8:19 1 8:27 ) 8:38 9:15 1 9:20 ; 9:25 — 9:36 1 9:48 9:57 10:06 8:15 8:20 8:25 — 8:36 8:49 8:57 9:08 9:45 9:50 9:55 10:03 110:08 1 10:20 10:29 10:39 8:45 8:50 8:55 — 9:06 9:20 9:27 9:38 10:15 10:20 10:25 — i 10:36 1 10:48 10:57 11:06 9:15 9:20 9:25 j — 9:36 9:49 9:57 10:08 10:45 1 10:50 10:55 111:03 1 11:08 11:20 i 11:29 11:39 9:45 9:50 9:55 10:03 10:08 1 10:23 10:31 10:39 — ! 1 10:15 10:20 10:25 1 — 10:36 1 10:49 10:57 11:08 11:45 1 11:50 11:55 11:08 12:20 11:29 12:39 � w 11:45 ; 11:50 11:55 12:03 12:OS ' i2:20 , 12:29 12:39 10:45 10:50 10:55 — 11:06 i 11 20 1 11:27 11:38 .e 12:15 , 12:20 12:25 — 12:36 12:48 12:57 1.06 11:15 11:20 11:25 1 — , 11:36 1 11 49 ; 11:57 12:08 12:45 1 12:50 1 12:55 1:03 ' 1:08 1:20 1:29 1:39 Ma 11:45 11:50 11:55 - 1 12:06 1 12:20 12:27 12:38 12:15 12:20 12:25 , — ? 12:36 1 12:49 1 12:57 1:08 1:15 1:20 I 1:25 1 — 1:36 1:48 1:57 2:06 12:45 12:50 12:55 1:03 11:08 1:21 1 1:29 1:40 1:45 1:50 1 1:55 ; 2:03 i 2:08 j 2:20 2:29 2:39 2:15 2:20 2:25 — 1 2:36 2:48 j 2:57 3:06 1:15 1:20 1:25 - i 1:36 1:49 � 1:57 2:08 � { 1:45 1:50 1:55 1 2:03 2:08 2:21 2:29 2:40 2:45 2:50 1 2:55 1 3:03 j 3:08 1 3:20 1 3:29 3:39 2:15 2:20 1 2:25 I — 2:36 2:49 2:57 3:08 3:15 3:20 1 3:25 — 3:36 3:48 3:57 4:06 2:45 2:52 2:58 1 — 3:10 3:25 3:3 3:45 3:45 3:50 3:55 1 4:03 1 4:08 1 4:20 4:29 4:39 3:15 3:20 3:25 1 — 3:36 3:49 3:57 1 4:08 4:15 1 4:20 4:25 1 — 4:36 1 4:48 4:57 1 5:06 3:45 3:50 3:55 — 4:081 4:21 4:29 4:401 4:45 4:50 1 4:55 15:03 5:08 5:20 15:29 5:39 4:15 1 4:20 14:25 4:36 4:49 14:57 1 5:08 5:15 15:20 5:25 1 R 5:36 5:48 5:57 6:06 4:30 4:35 i 4:45 4:53 5:00 5:19 5:25 ; 5:40 5:45 1 5:50 5:55 I R 6:06 6:18 6:27 6:38 4:45 ; 4:52 5:00 — 1 5:12 5:27 5:35 15:45 6:15 6:20 1 6:25 1 R 1 6:36 E 6:48 1 6:57 7:06 5:15 1 5:20 5:30 I — j 5:41 5:55 i 6:03 6:15 7:15 1 7:20 1 7:25 i R , 7;48 , 7:57 i 8:06 5:45 1 5:50 f 5:55 ( R t 6:06 6:17 6:25 6:36 6:15j6:2016:251 R 6:36 6:47 6:55 7:06 7:15 ! 7:20 ! 7:25 1 R 7:36 7:47 1 7:55 8:06 U N DAY 8:20 " 8:25 ' 8:30 I R 1 8:41 8:52 1 9:00 9:08 j 1 ( 1 • a I 9:30 9:35 9:40 j R -I 10:02 110:10 110:21 ? ,�,t.1 0 1 t • d, 1 vE21i 1 , sue F. _ I.t° 1 Pease ask driver if Williston route transfer is possible 1 0 ! 0 1 0 j 0 i 0 0 0 i 0 R On-board request only. 8545 8:50 8:55 1 9:00 9:06 9:20 9:25 9..35 t This bus will travel as far as the intersection of North Street and North Avenue on request. 9:45 9:50 955 ' 10:00 10:06 1020 1025 110:35 10:45 ! 1050 1055 1 11:00 i 11:06 f 1120 1 1125 1 11:35 AM 11:45 i 1150111:55 1 12:00I 12:06 , 12:20 12:25 i 12:35 a' 12:45 ' 12:50 ; 12:55 1 1:00 1:06 1:20 j 125 j 1:35 1:45 1:50 1:55 i 2:00 1 2:06 ! 220 } 2:25 235 2:45 2:50 2:55 1 3:00 3:06 320 325 335 3:45 3:50 3:55 ' 4:00 4:06 1 420 4:25 i 4:35 4:45 4:50 4:55 1 5:00 ! 5:06 " 520 5:25 { 5:35 5:45 , 5:50 15:55 1 6:00 ! SIIIPA, 620 . 6:25 i 635 Greyhound Ticket Center Schedules http://www.greyhound.com/home/ticketcenter/en/Step3.asp TICKET CENTER Schedules Your Selections Travel From Date To Miles Passengers One Way Boston, MA 2/2/2010 Burlington, VT 250 1 To change your selections, go back to previous steps. Select Departure Schedule for Tuesday, February 2, 2010 Departs Arrives Duration Transfers Carrier Schedule 07:45am 12:15pm 4h, 30m 0 GLI 9125 10:00am 02:50pm 4h,50m 0 GLI 0145 02:O0pm 07:10pm 5h, 10m 0 GLI 9143 11:45pm 04:10am 4h,25m 0 GLI 9127 d=day hour m=ninute GLI:GREYHOUND LIES,iNc. Quoted Monday, February 01, 2010, 10:30 am 1 of 1 2/1/2010 11:28 AM Greyhound Ticket Center Schedules http://www.greyhound.com/home/ticketcenter/en/Step3.asp r.....,_ TICKET CENTER Schedules Your Selections Travel From Date To Miles Passengers One Way Montreal, PQ 2/2/2010 Burlington, VT 97 1 To change your selections, go back to previous steps. Select Departure Schedule for Tuesday, February 2, 2010 Departs Arrives Duration Transfers Carrier Schedule 08:15am 10:45am 2h, 30m 0 GLI 9124 10:45am 01:15pm 2h, 30m 0 GLI 0126 03:45pm 06:15pm 2h,30m 0 GLI 9128 11:05pm 01:35am 2h, 30m 0 GLI 9122 d=Cay hour rrr=rrrnute GLI:GREYHOUND LINES,NC: Quoted Monday, February 01, 2010, 10:34 am 1 of 1 2/1/2010 11:32 AM THOMAS HUN R CPRP RECREATION DIRECTORaI►$1$ S®1t1b1Yll � � TODD GOODWIN,CYSA RECREATION & PARKS ASSISTANT DIRECTOR Min"kg, TO: City Council FROM: Tom Hubbard RE: Veterans Memorial at Dorset Park DATE: January 28,2010 The Veterans Committee will have a brief presentation at the Council meeting on Feb. 1st, to update Council on the Veterans Memorial Project. The last time the committee came before Council, you agreed on the conceptual design& location, as well as establishing a separate city account for fundraising. The committee will now share a summary of the project to date, renderings of the final design, and preliminary cost estimates (all included in this packet). The committee is seeking Council's approval for the final design, authorization to begin fundraising using the separate city account, and support for a grant application to Sen. Sanders. Jay Zaetz, Chair of the committee, and Lee Dore from Dore- Whittier Architects will be presenting. I will also be attending, along with other members of the committee. • 575 Dorset Street, South Burlington, VT 05403 Tel: (802) 846-4108 • Fax: (802) 846-4101 • www.sburl.com VETERANS MEMORIAL PROJECT Summary The committee put out an Invitation to Bid to local artists to have them submit designs for a Memorial based on our vision for the "Pathway of Honor". Three separate and unique designs were selected (attached) and a preliminary cost estimate was formulated. The pathway will lead from one of the most prominent areas in Dorset Park, the Pavilion, to a second popular area, the Bandshell, connected by a concrete meandering pathway which will be lit at night, with separate spotlights on the monuments, and landscaped with bushes, trees, and flowers. The intent is to not only create a place to honor our veterans, but also to provide an experience for those who come to pay tribute. The first design is a larger than life "Dog-Tag" which will be made out of stainless steel. The inscription will read, "A Pathway of Honor" "for the Veterans of South Burlington", and will include a large ball & chain connecting the two tags. The entire project will honor the service of all veterans, both living and dead,whether they served in a war or not. The second structure will be a 10 foot cylindrical steel structure with many of the different wars carved in large letters around the cylinder. As sunlight, or spotlight at night shines through the cylinder, the letters will appear on the stone surface surrounding the structure. The third structure will be a monument created by Stonecrafters in Essex. The granite structure will feature the American Eagle emblem, as well as brass emblems of all the branches of service. Wording will include the following... DEDICATED TO THE VETERANS OF SOUTH BURLINGTON WHO HAVE SERVED THEIR COUNTRY WITH HONOR "ALL GAVE SOME, SOME GAVE ALL" '"* ---, ic .. '-----"' .1";.,...._.__„.-/ 1 - v 'Tr- AT , --111 Iiiiiii\ M. L /� o �.I• ' °c° o ..11,.r p0°. aka' a ao °�- \ 411111 Irtt 4 \ 1�' p � 0 ev 1,j,111W..... e. a ,0., . ,4, mr2.; 4:, ,c -i . ?,3.41 . ,,) milii-- 4.. • III Op 47341 al ''.•-..,"....••e:'ii e N.,,, ,44400. ec),i• , ..7.€7* fp Of2 0 e4 .. .. 0 Ofie ` oa •e l Age: : 1 --.." , I IT:••, a°._ C s 03. Lis$: Bo ., q 1.1. ° tiQ ,I/fly,Irr.L 4 . °7r " O0° t t r T� w r! E In ' A 1 -.�rA_i'. 9 1 _,- . dF --• jr..... 7•1 11414LP,"-5'..fl. , 1 .......; . ', ikiiiiii.,, ll:1 ; ..' 11. --'...111111111171$ • .,.. ' t 1 : quo f/" d - • '` 1 -Limo.° 4 a -�I" y n V oO ' ,a A. 01 ' o ! A ,• a 067 as • ! �► e_.� ;s b p ' r r ARCHITECTS,INC. a oQ ) d° Ir lei' a0 -.= " = - Proposed South Burlington 4 - Veterans Memorial Park February 1, 2010 PRELIMINARY COST ESTIMATE FOR VETERANS MEMORIAL AT DORSET PARK Revised 12-18-09 Sculpture#1 Enlarged stainless steel Dog Tag w/granite base $19,575 Concrete Sculpture Pad& infrastructure $3500 Accent Lighting $2000 Pavers at Sculpture $5000 $30,075 Sculpture#2 10' Cylindrical stainless steel sculpture depicting war names $6000 Concrete Sculpture Pad & infrastructure $3500 Accent Lighting $2000 Pavers at Sculpture $5000 $16,500 Sculpture#3 Granite stone monument with military branch emblems $16,000 Concrete Sculpture Pad & infrastructure $3500 Accent Lighting $2000 Pavers at Sculpture $5000 $26,500 TOTAL MONUMENT COST $73,075 Landscaping Bituminous concrete path $21,160 Low impact site lighting along path $40,000 Site work including trees & shrubs along path and monuments $13,000 Benches $3000 Misc. Restoration $1500 TOTAL LANDSCAPING COST $78,660 Contingency $10,000 TOTAL PROJECT COST $161,735 Proposed Charter Amendments : § 13-110 . Annual city report The annual city and school district reports shall be made available and noticed to the legal voters of the city and school district at thc earliest time following the fiscal y ar, but not later than twenty (20) days prior to the annual city and school district meeting March 1 . § 13-1302 . Preparation and submission (a) The city manager and superintendent of schools shall prepare the budgets for the city and school district, respectively, and submit same to the council and board of school directors at such time as required by said boards . The budgets shall contain: (b) The council and the board of school directors shall cause copies of the proposed budgets to be delivered to each member of the steering committee forthwith after the final preparation of said budgets, but not less than -6-0 45 days prior to the date of the annual city and school district meeting. The steering committee may hold a meeting for the review of such budgets, giving notice of the meeting as required in Section 1102 subchapter 10. Prior to the adoption of such budgets by the city and thc South Burlington school district, No less than 44 35 days prior to the annual city and school district meeting, the steering committee may submit to the council and the board of school directors its report and recommendations concerning the proposed budgets . (c) Thc Council shall fix thc time and placc for holding a public hcaring on thc budgets for thc city and thc school district, and shall give noticc of thc hcaring at lcast 10 days prior thereto in a newspaper of general circulation in thc city or by electronic mcans. Thc hcaring shall be held not less than 10 days nor more than 60 days prior to the date of the annual city and school district meeting. , The council shall warn then review the city budget and approve it for submission to the voters not less than 30 days before the annual city meeting, with or without change, and in the same manner the board of school directors shall warn review its budget and approve it for submission to the voters, with or without change. § 13-1303 . City and school district annual meeting warning and budget The proposed budgets of the city and school district shall 1 be distributcd made available to the legal voters of the city and school district at least 10 20 days before the annual city and school district meeting public h aring on the budgets . Not more than forty (40) nor less than thirty (30) days prior to The warnings for the annual city and school district meeting, notice shall be published in a newspaper having general circulation within the city informing voters of the date of a public hearing on the budgets and availability of the warnings for the annual city and school district meetings, the proposed city and school district budgets and the city and school district annual reports,— or by cicctronic means, at 1 ast 10 days bcforc the datc of the annual mcctings and the proposed budgets for the city and school district shall likewise be published. The council and the board of school directors shall hold a public hearing on their respective budgets not more than 10 days before the annual city and school district meetings . 2 CHITTENDEN COUNTY METROPOLITAN PLANNING ORGANIZATION The CCMPO serves as a cooperative regional forum for the development of transportation policies, plans and programs that address transportation issues and opportunities in Chittenden County. CCMPO plans, prioritizes, and coordinates the use of all federal transportation funds in Chittenden County. CCMPO is a federally mandated agency to undertake transportation planning,but it is locally controlled. CCMPO is responsible to all citizens of the region to ensure the implementation of the best transportation plan for Chittenden County. The CCMPO Board is composed of appointed officials from each of the 18 county municipalities, the Vermont Agency of Transportation (VTrans),the Chittenden County Transportation Authority(CCTA), the Chittenden County Regional Planning Commission (CCRPC), the Federal Highway Administration(FHWA), Vermont Transportation Authority(VTA)and air and rail representatives. These officials are accountable to their respective constituencies. The implementation of the transportation plan is primarily carried out by VTrans and the municipalities. Under federal law, CCMPO is required to maintain and update a long range Metropolitan Transportation Plan and a short range Transportation Improvement Program(TIP). In addition, CCMPO provides technical and planning assistance to its member municipalities and VTrans. In January 2005 CCMPO adopted the 2025 Metropolitan Transportation Plan for the county. The Transportation Plan was based upon the Regional Plan that was adopted by the Chittenden County Regional Planning Commission in 2001. The transportation plan was developed based upon a forecast of over one billion dollars of federal funds to be spent within the county by the year 2025. More than half of these funds are to be used for maintaining our present transportation system. CCMPO approved the Federal Fiscal Year TIP for 2010 through 2013 in July 2009. It is a prioritized, multi-year list of transportation projects in Chittenden County. To receive federal funds, each transportation project,program or operation must be authorized through the TIP. During the period of this TIP, more than$230 million in federal dollars are slated for transportation projects within the county. CCMPO provides a wide variety of technical and planning service to its membership. Some samples of this include the following: • Aerial Orthoimagery Program • Infrastructure Management System • Traffic counts • Regional Public Transportation Initiative • Route 15 Corridor Improvement Plan • Route 2 Corridor Improvement Plan • Signal Optimization • Sidewalk Grants • Scoping projects which is the first step to make a concept into a project. • Technical Assistance Projects • Transportation Action Grants A list of projects underway or recently completed in South Burlington is provided on page 2. Once complete, these studies can also be found at www.ccmpo.org, which is also where you can find traffic count data generated for your community. Jeffrey Can, CCMPO Chair City of South Burlington CCMPO Work Product Summary Technical Assistance Bicycle & Pedestrian Counts Orchard Neighborhood Curb Radii — 2009 A- Dorset and Swift Street Signal Optimization—2009 Farrell Street Intersection Study—2008 Dorset Street and Williston Road Corridor Traffic Signal Timing Optimization— 2008 Dorset Street Corridor Study funding assistance— December 2007 Safe Routes to School Lite Program (Chamberlin) —2007 Traffic Impact Study trip estimates—December 2006 Traffic Counts Americans with Disabilities Act (ADA) sidewalk accessibility inventory— 2005 ➢ Pavement Management Study—2004 Safety Road Safety Audit Review, Airport Parkway/Lime Kiln Road—2006 Scoping ➢ I-89 Exit 12B —Alignment study complete July 2009 ➢ US 2/I-89 Southbound On-Ramp—June 2009 • Vermont Route 116 culvert over Potash Brook—January 2007 ➢ Shared Use Path Connection over Muddy Brook (with Williston) —December 2006 • Queen City Park Road Bike/Pedestrian Crossing—July 2005 • Airport Drive—October 2005 • Champlain Path along railroad right-of-way (with Charlotte/Shelburne/Burlington) — April 2004 Corridor Studies ➢ US 2 Corridor Transportation Management Plan—August 2007 (Burlington, South Burlington, and Williston) Western Corridor Transportation Management Plan—Project underway (Charlotte, Shelburne, South Burlington, Burlington, Winooski, Colchester, and Milton) Transportation for Livable Communities ➢ Stonehedge Streetscape/Landscape and Stormwater Plan—2006 ($10,000) • New School Access and Circulation Plan—2005 ($12,000) Transportation Improvement Program ➢ Airport Drive Extension (White St. to Airport Parkway) o $12.2 million construction project to take place after 2011 ➢ Bike Path Repaving o $160,000 ARRA award ➢ City Center Transportation Improvements o $6 million in grant funds ➢ Market Street Reconstruction o $1 million for transportation improvements Midblock Crosswalks with LED Signage o $240,000 to install midblock crosswalks at 29 locations Kennedy Drive Reconstruction (Dorset St. to Williston Rd.) o $16 million construction project completed in 2007 San Remo Drive Streetscape Improvements o $330,000 Transportation Enhancement grant in 2005 Shelburne Road Reconstruction o $13.2 million for construction of South Burlington section Tilley Drive Path (Tilley Dr. to Community Dr.) o $250,000 Transportation Enhancement grant in 2007 VT 116 Paving, St. George/Hinesburg Line to Williston Rd. (with St. George) o $2.75 million paving project in Federal fiscal year 2008 Transportation Action Grant Cars to people: commercial land regulations transformed Appendix H: Resolution to Support the CCMPO Blue Ribbon Commission on Innovative Finance Recommendations of June 17, 2009 WHEREAS, the efficiency of the nation's transportation infrastructure is threatened by increasing demand for transportation services, and revenue from traditional funding mechanisms may be unable to keep pace; and WHEREAS, revenues to support the Highway Trust Fund—the major source of federal highway and transit funding—are eroding, with recent estimates forecasting a negative balance of more than$14 billion by the end of fiscal year 2012; and WHEREAS, historically the Chittenden County Metropolitan Planning Orgainzation has identified that the funding needed to address deferred transportation system maintenance and future transportation system improvements in the regional is greater than the availability of funding; and WHEREAS, the sustainability of matching funds for state and federally funded transportation projects is of critical importance to the ability of the region to maintain the existing system and expeditiously advance improvements to the system; and WHEREAS, recent analyses conducted as part of the VTrans Long Range Transportation Business Plan suggests that, over a 20 year period, Vermont's transportation revenue shortfall may be $4.2 billion if the needs grow at 2 percent inflation rate, and$8.7 billion if needs grow at 5 percent inflation rate; and WHEREAS, prudent planning mandates that steps be taken to responsibly fund future transportation projects and programs; and WHEREAS, nationally, there are a variety of innovative or alternative transportation financing mechanism being increasingly employed by states, localities, and transportation authorities; and WHEREAS, "Innovative Finance" for transportation projects and programs is a broadly defined term that encompasses a combination of techniques and specially designed mechanisms that supplement traditional financing sources and methods; and WHEREAS, the Chittenden County Metropolitan Planning Organization (CCMPO) commissioned a Blue Ribbon Commission on Innovative Finance to identify and make recommendations for viable Innovative Finance strategies to advance regional transportation needs, NOW THEREFORE BE IT RESOLVED that: We the undersigned party support the CCMPO Blue Ribbon Commission on Innovative Finance Recommendations of June 17, 2009 in order to address the increasing need for transportation services in Chittenden County and the sustainable matching of funding from state and federal sources to meet those needs. Adopted this day of , by: Municipal Body Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance , Communities working together to meet Chittenden County's transportation needs it C C M p CHITTENDEN COUNTY METROPOLITAN PLANNING ORGANIZATION 110 West Canal Street, Suite 202,Winooski, VT 05404-2109 (802)660-4071 /(802)660-4079 Fax www.ccmpo.org/info@ccmpo.org Member Jurisdictions CCMPO Memo Bolton To: South Burlington City Councilors Burlington Charlotte From: Michele Boomhower, Executive Director Colchester Cc: Denis Gravelin and Sonny Audette Essex Junction Essex Town Date: January 22, 2010 Hinesburg Re: Upcoming CCMPO Director Visit to Your Community Huntington Jericho On Monday, February 1, 2010 I will be attending your City Council meeting. Milton Enclosed you will find the advance materials which I will be discussing with you Richmond that evening. I would like to invite you to take time to review the materials and feel St. George Shelburne free to contact me in advance of the meeting if you have any questions. South Burlington Underhill I would like to draw your attention to the report entitled: Overview of the Final Westford Recommendations and Activities of the Blue Ribbon Commission on Innovative Williston Finance —Alternatives for Transportation Funding in Chittenden County and Winooski Vermont Agency of Vermont. The main objective I would like to accomplish during this visit is the Transportation involvement of your community in support of the Recommendations of the CCMPO Blue Ribbon Commission (BRC) on Innovative Finance. On page 9 of the Ex Officio Members enclosed report, you will find the final recommendations as adopted by our Board Chittenden County of Directors on June 17`h, 2009. On November 18th, the Board accepted the Transportation Authority Resolution to Support the CCMPO Blue Ribbon Commission on Innovative Burlington International Finance Recommendations of June 17, 2009; you will find the Resolution in Airport Regional Planning Appendix H of the BRC Overview. We would like to invite your community to Commission become a supporter of the findings of this report and the recommendations for Rail Industry innovative financing of transportation projects and programs in our county by U.S. Department of Transportation signing on to the Resolution. Once again, please feel free to contact me if you have any questions. I can be reached by phone at 660-4071 x15 or by email at mboomhower(a�ccmpo.orq. Enclosures: 1. Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance—Alternatives for Transportation Funding in Chittenden County and Vermont; 12/28/09. 2. Final Report: 1-89 Exit 12B Financing Options Study; 12/31/09. 3. Annual Community Report of CCMPO Activities 4. 2010-2013 Transportation Improvement Program Summary Report Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance - ' NA- Alternatives for Transportation Funding t CCMPO in Chittenden County and Vermont Chittenden County December 28, 2009 Metropolitan Planning Organization Communities working together to meet Chittenden County's transportation needs CCMPO Chittenden County Metropolitan Planning Organization 110 West Canal Street Winooski, VT 05404-2109 t 802-660-4071 f 802-660-4079 www.ccmpo.org/info@ccmpo.org The preparation of this document has been financed through transportation planning funds provided by the U.S.Department of Transportation under the Transportation Equity Act for the 21 s`Century(TEA-21) and by matching funds provided by Chittenden County's 18 municipalities,the Vermont Agency of Transportation, and the Chittenden County Transportation Authority. Prepared by: Michele Boomhower, Executive Director With support from CCMPO Staff Third Sector Associates The Snelling Center for Government Resource Systems Group BRC &Working Group Members Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Alternatives for Transportation Funding in Chittenden County and Vermont December 28, 2009 Table of Contents 1. Background 4 2. Purpose and Charge of the Blue Ribbon Commission 5 3. Working Groups 5 4. Blue Ribbon Commission Recommendations, November 11, 2008 6 A. Intergovernmental Recommendations 6 B. Funding Recommendation 6 C. Project Delivery Recommendations 6 5. Public Outreach 7 6. Recent Statewide Actions Related to the Blue Ribbon Commission Charge 8 7. CCMPO Board Endorses Final Amended BRC Recommendations 9 8. Conclusion 10 List of Appendices Appendix A: Summary Report Workshop on Innovative Transportation Finance Appendix B: Innovative Finance Commission: "Why Now? How Will We Do It?" Appendix C: Peer Workshop on Integrating Innovative Finance with Transportation Planning Appendix D: Working Group Background Materials Appendix E: Meeting Notes Reference Appendix F: Further Innovative Finance Resources Appendix G: Report of the CCMPO Blue Ribbon Commission on Innovative Finance Appendix H: Resolution to Endorse CCMPO Blue Ribbon Commission Recommendations Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Page 3 Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance 1. Background In 2007, it became clear to CCMPO board members and staff that future funding for transportation infrastructure in Chittenden County and the State of Vermont would continue to be inadequate. Nationally, an increase in demand for transportation services and a decrease in revenue from existing funding mechanisms continue to erode available funding. The State of Vermont estimates that over the next 20 year period, the State's revenue shortfall will be between $3.2 and$7.7 billion. In order to take control of its funding future, the CCMPO set out to examine possible alternative funding mechanisms. In June of 2007, the CCMPO hosted a Workshop on Innovative Transportation Finance (see Appendix A: Summary Report of the Workshop on Innovative Transportation Finance, June 4, 2007). As a result of this workshop, the Blue Ribbon Commission on Innovative Finance was formed. This five- member committee began work in March of 2008 and was charged with providing a set of recommendations regarding viable innovative finance strategies to advance the region's transportation needs, including all modes as well as the necessary connections with our land use, economic, environmental and quality of life needs. The Blue Ribbon Commission was assisted by three working groups: Intergovernmental Roles and Responsibilities Group, Funding Options Group, and the Flexible Standards and Project Delivery Group. These are each discussed in more detail in this report. A variety of materials was collected for presentation to the Blue Ribbon Commission. These include a presentation, Innovative Finance Commission, "Why Now? How Will We Do It?" March 31, 2008 (Appendix B) and Peer Workshop on Integrating Innovative Finance with the Transportation Planning Process (Appendix C). In the summer of 2008, the CCMPO commenced the meetings of the Blue Ribbon Commission and its affiliated Working Groups. This Report will summarize the effort and the final Recommendations of the Blue Ribbon Commission on Innovative Finance as endorsed by the CCMPO Board of Directors, June 17, 2009. All materials are available at: www.ccmpo.org/finance. Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Page 4 2. Purpose and Charge of the Blue Ribbon Commission The Board of the CCMPO recruited five prominent Chittenden County citizen-statesmen,each with extensive experience in the public and private sectors,to form a Blue Ribbon Commission on Innovative Finance of transportation (BRC). The charge of the BRC was to: "Provide recommendations by December 1, 2008 regarding viable innovative finance strategies to advance the region's transportation needs, including all modes as well as the necessary connections with our land use, economic, environmental and quality of life needs." 3. Working Groups The work and recommendations of the BRC was informed by three working groups, each comprised of individuals from local, state and federal governments, regional organizations, and the private sector (Appendix D, List of Participants). The working groups and their charges were: •Intergovernmental Roles and Responsibilities Group "Assess appropriateness of current roles and relationships of the state, regional entities and municipalities in the planning, delivery and management of transportation projects; to pursue promising avenues for redesigning roles and responsibilities to make multi-modal transportation network development and management more efficient and cost-effective." •Funding Options Group "Identify methods and opportunities for increasing the type and amount of methods available to Chittenden County and Vermont for funding needed transportation improvements across all modes." • Flexible Standards and Project Delivery Group "Re-examine Vermont's current standards for transportation design, engineering and construction to identify options for applying them in proportion to the nature and needs of different types of projects. Further, to examine Vermont's laws, regulations and policies to enable the use of expeditious mechanisms for transportation project delivery, such as public-private partnerships and design-build contracts." These working groups were provided with extensive background materials related to their topical areas (See Appendix E, Background Materials). The groups met several times to discuss their charges and develop information and recommendations for the BRC's review. The BRC considered these proposals and produced seven recommendations: Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Page 5 4. Blue Ribbon Commission Recommendations, November 11, 2008 The BRC,by unanimous vote, made the following recommendations to the CCMPO Board* to be considered in whole or in part for further action: A.Intergovernmental Recommendations 1. Promote enabling legislation for Regional Transportation Districts (RTDs). 2. Establish a Chittenden County Regional Transportation District. B. Funding Recommendation 3. Promote enabling legislation allowing the development of additional funding for regional transportation needs. C. Project Delivery Recommendations 4. Promote streamlining of permit processes. 5. Promote streamlining of Right of Way processes. 6. Recommend specific ideas to improve design and construction efficiency. 7. Recommend multi-year project budgeting in the Transportation Bill. *See Appendix G for Full Final BRC Recommendations Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Page 6 5. Public Outreach The following timeline outlines the activities which followed the release of the Blue Ribbon Commission recommendations to the CCMPO Board. The Board was interested in gaining widespread input from member municipalities and key community stakeholders, as well as the Vermont Agency of Transportation (VTrans). November 19,2008 CCMPO Board was presented with the BRC Recommendations December 11, 2008 CCMPO Board Chair and Executive Director met with VTrans Secretary and Staff to discuss VTrans response to the BRC Recommendations January 7, 2009 Phasing Recommendations were developed by CCMPO Staff January 12, 2009 Municipal Leaders, Staff and Regionally Interested Parties were provided with the BRC Recommendations/Phasing Recommendations and invited to participate in a Public Meeting regarding the Recommendations February 27, 2009 CCMPO Executive Committee was presented with a summary of the public feedback to the BRC Recommendations May 28, 2009 CCMPO Board Chair, Vice Chair and Executive Director met with VTrans Secretary and Staff to discuss VTrans response to the BRC Phasing Recommendations Presentations were made to CCMPO Member Communities and Interested Organizations following 11/19/08 Release:* 11/20/08 St. George 12/01/08 Winooski,Williston 12/04/08 Jericho 12/15/08 Bolton 01/05/09 Hinesburg 01/13/09 Shelburne 01/19/09 Huntington 01/22/09 Westford 01/26/09 CCRPC 01/27/09 Colchester 05/27/09 CCTA *Note: Communities visited by the Executive Director prior to 11/19/08 did not receive follow-up visits regarding the BRC recommendations, however,they were briefed regarding the process during the visits in advance of 11/19/08 and provided final outcome information and invited to participate following the 11/19/08 release of the final recommendations. Overall eight community representatives (on behalf of their communities) responded positively to the overall recommendations, although most were cautionary about moving forward in an expeditious manner on items related to the formation of the regional district and district based revenue generation. Two representatives were either not in favor or unsure of the regionalization of structure and revenue generation and the remaining eight representatives/communities did not provide comment. Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Page 7 6. Recent Statewide Actions Related to the Blue Ribbon Commission Charge It is noteworthy that several activities related to the BRC recommendations either arose during the BRC process or followed the release of the recommendations (in late 2008 and through June 2009): • Chittenden County Transit Authority(CCTA) and Green Mountain Transit Agency(GMTA) worked collaboratively to introduce legislation designed to enable regionalized organizational/revenue generation for transit services (See H. 457, An Act Relating To The Creation Of Regional Public Transportation Authorities; not to be confused with the idea envisioned by the BRC process of a Regional Transportation District(RTD)). While this legislation was introduced late in the session and has not begun to be discussed by Legislative Committees, it is anticipated to be an active item for discussion during the 2011 Legislative Session. • A demonstration project to plan for Innovative Financing of projects was authorized in H. 438: Sec. 99, Pilot Project For Burlington International Airport; Creative Financing; this project will plan the financing of a potential interstate interchange at"Exit 12B,"CCMPO will be the lead convener of this activity. • Design-Build projects were authorized by the Legislature and approved by the Governor to be used by VTrans in H. 438: Sec. 84. 19 V.S.A. Chapter 26 is added to read: CHAPTER 26. Design- Build Contracts. • Streamlining of the Right of Way Necessity process (through transfer of proceedings from the Courts to the Transportation Board) nearly made it into law via H. 313, the Vermont Recovery and Reinvestment Act; in the end a technical correction via Special Session Bill S.1 rerouted Eminent Domain Necessity/Condemnation Proceedings back to the courts for the time being. It is anticipated that this will be readdressed in the 2011 session. Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Page 8 7. CCMPO Board Endorses Final Amended BRC Recommendations Based on feedback from member municipalities, the public, and VTrans, the CCMPO Board of Directors unanimously endorsed the Final Recommendations of the Blue Ribbon Commission on Innovative Finance at their June 17, 2009 Board of Directors meeting: Intergovernmental Recommendations 1 & 2: • (1) Defer the consideration of enabling legislation for Regional Transportation Districts, and the pursuit of a Chittenden County Regional Transportation District, until the federal Transportation Bill re-authorization concludes. [Potential impacts of the reauthorization bill may include the re-categorization of MPO sizes, resulting in the CCMPO being grandfathered in at its current size designation category, also the 2010 Census may result in the consideration of the CCMPO expanding to encompass a greater area of service and a categorization bump from small MPO to the Transportation Management Area (TMA)MPO designation with a continuous service area population of 200,000(this should not be confused with a Transportation Management Association (TMA)such as the Campus Area Transportation Management Association(CATMA) which coordinates transportation and parking services for member entities).] • (2a) As agreed to by the Joint Executive Committees of the CCMPO and the CCRPC at their April 16, 2009 meeting; pursue continuing dialog on the merger of organizational activities of the two Boards that offer mutual benefit. • (2b) Continue to monitor affiliated legislation to enable regionalized delivery of transit services in Vermont and Chittenden County. Funding Recommendation 3: • (3a) Continue to work collaboratively with partner organizations to implement a plan for Creative Financing of transportation projects as outlined in H.438, Section 99, the 2010 Transportation Bill as passed by the House and Senate and enacted by the Governor. • (3b) Work with VTrans to evaluate the Project Prioritization System scoring function for rating project implementation ranking to determine if additional factors could be added that would advance projects based on the application of innovative finance and/or increased economic activity achieved by a project's implementation. To the extent innovative financing can be encouraged, it significantly enhances the leveraging of state and federal funds and should be reflected in the prioritization process. • (3c) Continue to monitor the federal highway reauthorization legislation for mechanisms that would address alternate forms of funding transportation projects. Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Page 9 Project Delivery Recommendations 4-7 • (4)Environmental Permit Process Efficiencies—pursue a dialog with VTrans, VANR, the Natural Resources Board (re: Act 250) and federal resource agencies to determine where permit process efficiencies could potentially be applied within the context of existing programs and/or through legislative changes and report back to the CCMPO board periodically as needed. • (5) Necessity/Right of Way Process Streamlining—work with VTrans and legislators to move the Necessity process from the court system to the Transportation Board as was supported in H. 313; work with VTrans and other partners (such as FHWA, VLCT, VAPDA) to determine if there are other process optimization activities that could be undertaken to increase the efficiency and reduce the timeframe for completion of the Necessity process. • (6a) Design-Build—work with VTrans to implement a Design-Build project in Chittenden County, as authorized by the 2010 legislature. • (6b) Local Transportation Facilities Program (LTF) work with member municipalities to develop and offer Municipal Project Management (MPM) services through the CCMPO to assist in directing additional LTF projects to the region; work with VTrans to determine if LTF program management functions for Chittenden County LTF projects could be shifted from VTrans to the CCMPO. • (7) Multi Year Budgeting—This element of the BRC Recommendations did not receive positive feedback from constituents or VTrans; revisiting this item at a future time should be considered. 8. Conclusion The CCMPO Board of Directors is interested in continuing efforts to advance implementation of the Final Amended BRC Recommendations. Working towards that goal will involve a comprehensive outreach effort to the governing bodies of Chittenden County municipalities, as well as CCMPO partner organizations such as the Vermont Agency of Transportation (VTrans) and the Chittenden County Transit Authority(CCTA). A component of the outreach effort will involve visits with these stakeholders over the course of the fall and winter of 2009/2010. Visits will provide briefings to the leadership of our member municipalities and partner organizations, including discussions regarding endorsement* of the Amended BRC Recommendations dated June 17, 2009. The CCMPO Executive Director will undertake outreach in coordination with Board representatives. *See Appendix H, Resolution to Endorse CCMPO BRC Report Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Page 10 Appendix A: Summary Report Workshop on Innovative Transportation Finance June 4, 2007 *http://www.ccmpo.info/library/innovative finance/IFW report 20070604.pdf Appendix B: Innovative Finance Commission: "Why Now? How Will We Do It?" March 31, 2008 *ham://www.ccmpo.info/library/innovative finance/powerpoint20080327 dsjohnstone.pdf *Appendix C: Peer Workshop on Integrating Innovative Finance with Transportation Planning FHWA - Santa Fe, New Mexico June 8, 2008 http://www.ccmpo.info/library/innovative finance/RSG IF integration report SF 20080608.pdf *Appendix A-C Materials available at http://www.ccmpo.org/finance/ Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Appendix D: Working Group Background Materials* Funding Options Work Group The charge of this group was to identify methods and opportunities for increasing the type and amount of ' methods available in Chittenden County and Vermont for funding needed transportation improvements across all modes. • Citigroup Innovative Finance Presentation — Vermont Legislature: House Transportation Committee, December 2007 • Overview of Innovative Transportation Finance Options — RSG White Paper, October 2007 • AASHTO Planning Committee— Peer Exchange Series on State &Metropolitan Transportation Planning Issues • FHWA Tolling— Current Toll Road Activity in the U.S.: A Survey and Analysis • AASHTO at TRB Annual Meeting — Session 222: Long-Term Funding Options • USDOT—FHWA Innovative Finance Primer Flexible Standards & Project Delivery Work Group The charge of this group is to re-examine Vermont's current standards for transportation project design, engineering, and construction to identify options for applying them in proportion to the nature and needs of different types of projects. Further, examine Vermont's laws, regulations and policies to enable the use of expeditious mechanisms for transportation project delivery, such as public-private partnerships and design-build contracts • NY State DOT — Commissioner Presentation, June 2008 • Ways To Get More For Your Money In Transportation Construction — Recommendations from Associated General Contractors of Vermont To The House & Senate Transportation Committees of the Vermont Legislature • Flexible Standards in Transportation Project Development— RSG White Paper, October 2007 • Innovations in Transportation Project Delivery Methods — RSG White Paper, October 2007 • FHWA Public Private Partnerships • FHWA Public Private Partnerships — Extract from the National Finance Summit Intergovernmental Roles & Relationships Work Group Assess the appropriateness of current roles &relationships of the state, regional entities & municipalities in the planning, delivery & management of transportation projects. They also pursue promising avenues for redefining roles &responsibilities to make multimodal transportation network development and management more efficient and cost-effective. • Selected RMA/RTA Approaches in the U.S., September 2008 • Overview of Intergovernmental Arrangements for Transportation Finance - RSG White Paper, October 2007 Working Group Background Materials available at htt_p://www.ccmpo.org/finance/ Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Appendix E: Meeting Notes Reference* Blue Ribbon Commission • Meeting Notes -4 November 2008 • Meeting Notes - 7 October 2008 • Meeting Notes - 13 August 2008 Working Groups • Flexible Standards & Project Delivery Work Group o Meeting Notes - 9 October 2008 o Meeting Notes - 25 September 2008 o Meeting Notes - 11 September 2008 • Funding Options Work Group o Meeting Notes - 23 October 2008 o Meeting Notes - 7 October 2008 o Meeting Notes - 16 September 2008 o Meeting Notes - 9 September 2008 o Meeting Notes - 26 August 2008 o Meeting Notes - 31 March 2008 • Intergovernmental Roles & Relationships Work Group o Meeting Notes - 17 September 2008 o Meeting Notes - 10 September 2008 o Meeting Notes - 21 August 2008 Meeting Notes available at http://www.ccmpo.org/finance/ Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Appendix F: Further Innovative Finance Resources* Vermont • Snelling Center for Government • Vermont Legislative Joint Fiscal Office - Transportation Documents National • National Surface Transportation Infrastructure Financing Commission • U.S. Chamber Foundation - Future Highway &Public Transportation Financing • National Cooperative Highway Research Program- Future Financing Options to Meet Highway and Transit Needs • AASHTO - Future Needs of the U.S. Surface Transportation System • Cambridge Systematics - Options in Addressing the Looming Transportation Funding Crisis • Jack Basso Presentation -. Transportation Funding Summit • National Surface Transportation Policy& Revenue Commission • Rockefeller Institute Policy Forum- Transportation in the 21st Century: Where New York Is Going * Further Resources available at http://www.ccmpo.org/finance/ Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Appendix G: Report of the CCMPO Blue Ribbon Commission on Innovative Finance Presentation to the CCMPO Board November 19, 2008 Overview of the Final Recommendations and Activities of the Blue Ribbon Commission on Innovative Finance Report of the CCMPO Blue Ribbon Commission on Innovative Finance (as presented to the CCMPO Board on 11/19/08) PREAMBLE Purpose and Charge of the Blue Ribbon Commission' The Board of the Chittenden County Metropolitan Planning Organization(CCMPO) recruited five prominent Chittenden County citizen-statesmen,each with extensive experience in the public and private sectors,to form a Blue Ribbon Commission on Innovative Finance of transportation(BRC). The charge of the BRC was to: "Provide recommendations by December 1, 2008 regarding viable innovative finance strategies to advance the region's transportation needs, including all modes as well as the necessary connections with our land use, economic, environmental and quality of life needs." Working Groups2 The work and recommendations of the BRC has been informed by three working groups, each comprised of individuals from the local, state and federal governments, regional organizations, and the private sector. The working groups and their charges are: • Intergovernmental Roles and Responsibilities Group "Assess appropriateness of current roles and relationships of the state, regional entities and municipalities in the planning, delivery and management of transportation projects; to pursue promising avenues for redesigning roles and responsibilities to make multi-modal transportation network development and management more efficient and cost-effective." • Funding Options Group "Identify methods and opportunities for increasing the type and amount of methods available to Chittenden County and Vermont for funding needed transportation improvements across all modes." • Flexible Standards and Project Delivery Group "Re-examine Vermont's current standards for transportation design, engineering and construction to identify options for applying them in proportion to the nature and needs of different types of projects. Further, to examine Vermont's laws, regulations and policies to enable the use of expeditious mechanisms for transportation project delivery, such as public-private partnerships and design- build contracts." These working groups met several times to discuss their charges and develop information and recommendations for the BRC's review. The BRC considered these proposals and has produced seven recommendations, which are listed on the following page. See Addendum 1 for Blue Ribbon Commission members 2 See Addendum 1 for working group participants 11/19/08 CCMPO BRC Recommendations Page 2 of 10 Blue Ribbon Commission Recommendations The BRC, by unanimous vote, makes the following recommendations to the CCMPO Board which may be considered in whole or in part for further action. Intergovernmental Recommendations 1. Promote enabling legislation for Regional Transportation Districts (RTDs). 2. Establish a Chittenden County Regional Transportation District.3 Funding Recommendation 3. Promote enabling legislation allowing the development of additional funding for regional transportation needs. Project Delivery Recommendations 4. Promote streamlining of permit processes 5. Promote streamlining of Right of Way processes 6. Recommend specific ideas to improve design and construction efficiency 7. Recommend multi-year project budgeting in the Transportation Bill Intergovernmental Recommendations Recommendation 1: Legislation should be adopted enabling Regional Transportation Districts in Vermont Vermont should enact legislation enabling regions within Vermont to create regional transportation districts (RTDs). An RTD would correspond to a regional planning commission territory or, where applicable, a metropolitan planning organization(MPO)boundary as defined in federal statute. Powers would be vested in an RTD in three phases, with progressively greater responsibilities in each phase. Creation and Governance An RTD would be created by affirmative votes of the governing bodies of the subject communities. The RTD would have a"whole regioni4 perspective; however the towns voting affirmatively could proceed without the participation of a town or towns which chose not to participate. 3 For ease of reference,"Chittenden County"is used to signify the region for the RTD,however,the MPO Boundary may expand to include adjoining communities outside of Chittenden County after future Censuses as prescribed in federal statute. 4 The Intergovernmental Roles and Responsibilities Working Group felt strongly that an RTD should be constituted with a truly regional perspective,rather than as a collection of municipalities with representatives. One approach might be for all RTD board members to be elected by a majority vote of the select boards in the region,with no more than two members from any single municipality. 11/19/08 CCMPO BRC Recommendations Page 3 of 10 The development of any RTD would involve three definitive phases. Each phase would need to be completed to the satisfaction of the participating governing bodies before the RTD could proceed to the next phase. Phase 1 RTD powers: a) Coordinate closely or merge with the subject regional planning commission and, if applicable, the metropolitan planning organization; b) Set all regional transportation priorities that are subject to federal funding; c) Create a Regional Transportation Facilities (RTF)program to plan,build and maintain the regionally significant transportation facilities5 within the RTD's jurisdiction; d) Receive and manage an appropriate share of the federal transportation monies each year, based on the average of the prior 5 years and a fair and appropriate annual adjustment; e) Receive and manage an appropriate share of state transportation revenues based on a formula to be negotiated; f) Enter into mutually beneficial agreements with member and non-member municipalities around corridor planning and other issues; g) Enter into mutually beneficial agreements with private parties for financing some or all mutually beneficial projects; h) Participate in Act 250 and other land use planning processes that affect the regional transportation system; i) Implement incentive programs to use public transit and alternative modes of transportation. Phase 2 RTD powers: a) Where applicable,undertake other regional transportation-related responsibilities such as regional transit management and funding, and charge member communities accordingly; b) Levy and collect user fees and/or taxes within the region, for expenditure on a regional transit system and on transportation infrastructure development; c) Levy fees on new development and create special tax districts to support the regional transportation system. Phase 3 RTD powers: a) Issue revenue bonds backed by funding streams developed in Phase 2; b) Issue general obligation bonds with the credit backing of the member communities. 5 The definition of"regionally significant transportation facility"would be developed by the RTD in collaboration with regional municipalities and VTrans and pursuant to federal regulations governing MPOs designated as "Transportation Management Areas"(which the CCMPO current is not). 11/19/08 CCMPO BRC Recommendations Page 4 of 10 Recommendation 2: Chittenden County should establish a Regional Transportation District Under the statutory authorities described in Recommendation 1, the Chittenden County Metropolitan Planning Organization and the Regional Planning Commission should merge, and the merged entity's duties should be expanded to include those of a Regional Transportation District under the new law. Phase 1,Chittenden Region a) The RTD would be formally designated as the Metropolitan Planning Organization for the Census-designated Burlington Urbanized Area and adjacent municipalities comprising the CCMPO. b) Chittenden County's obligated federal funding for the 5 years from FY'03 to FY'07 averaged$37,691,000. This amount, with reasonable adjustments based on future federal funding, would be provided annually by VTrans to the Chittenden RTD. c) Chittenden County's historical share of state transportation dollars (amount to be determined) would be provided annually by VTrans to the Chittenden County RTD. d) Chittenden County's regional transportation priorities will continue to be established based on the Metropolitan Transportation Plan(MTP) and Transportation Improvement Program(TIP). e) The Chittenden County RTD would create a Regional Transportation Facilities program to plan, build and maintain regionally significant transportation facilities within the RTD's jurisdiction. f) The Chittenden County RTD would develop the institutional capacity to handle, either directly or through consultants, the permitting, engineering, contracting and project management for new capacity and preservation transportation infrastructure projects. g) Where applicable, the Chittenden County RTD would enter agreements with municipalities and private entities to augment the resources needed to plan, build, or maintain transportation capacity. Phase 2,Chittenden Region a) The RTD would propose/levy a regional tax to establish a permanent, stable source of funding for public transit. b) The RTD would subsume the regional transit authority. c) Each year, the RTD would evaluate the additional annual funding requirement, above and beyond receipts from the federal and state government, to meet both the preservation and new capacity goals of the Metropolitan Transportation Plan. By 2012, this additional funding requirement is estimated to be $50 million to $60 million. d) The RTD would propose/levy a regional tax to meet some or all of the additional funding requirements of the MTP6, above and beyond the federal and state funding available under Phase 1. Phase 3, Chittenden Region The RTD would consider the use of public debt as a strategy for accelerating the execution of transportation infrastructure projects. 6 See Addendum 2 for forecast of MTP funding needs through 2025. Projections based on the current MTP,adjusted for inflation and averaged over the 25-year life of the Plan,suggest that annual system preservation needs in the region may cost$55 million by 2012. The cost of new capacity investments,including TIP commitments,may represent an additional$31 million annually by 2012. 11/19/08 CCMPO BRC Recommendations Page 5 of 10 Funding Recommendations The BRC recognizes a clear need for additional transportation funding sources to maintain our existing system and particularly for additional needs related to CCMPO's 2025 Metropolitan Transportation Plan(MTP). Attached to this document is a list of possible funding sources.? As such, the BRC recommends the following: Recommendation 3: A sustainable source of additional funding should be developed for regional transportation needs Under Phase 2 of Recommendations 1 and 2, the Regional Transportation District would be enabled by state law to levy a regional tax or user fee to meet some or all of the additional funding requirements of the Metropolitan Transportation Plan(MTP) above and beyond the federal and state funding, and a regional tax to support public transit. Accordingly, the BRC recommends two dedicated funding sources: one for public transportation and one for infrastructure development. Project Delivery and Standards Recommendations The four remaining recommendations provide a detailed framework for more efficient use of transportation construction funding. Recommendation 4:Permitting Process Streamlining For the permitting process, Vermont should statutorily streamline state permit procedures in cases where there are little to no environmental impacts associated with a project(referred to as Categorical Exclusion projects). The streamlining would include,but not be limited to the following: a) Coordination of Federal and State environmental and cultural resource approvals, and elimination of separate,redundant state and local processes; b) Development of a single coordinated process for all necessary state and local permits; c) Exemption of projects on existing alignments from an Act 250 permits to limit process redundancies; d) Study of the use of wetlands banking; e) Establishment of permit timelines for action at the state and local levels; and f) Identification by municipalities of one local permitting authority for projects. Recommendation 5: Right of Way Process Streamlining Streamline the Right-of-Way(ROW)process by adopting the federal Uniform Act thereby eliminating necessity hearings. Appeals should be assigned to a quasi judicial board such as the Transportation Board. Investigate methods to speed up appraisals and negotiations with landowners. 7 See Addendum 3: Funding Sources Evaluation 11/19/08 CCMPO BRC Recommendations Page 6 of 10 Recommendation 6: Design and Construction Efficiency a) Vermont should increase the use of standardized bridge designs in order to improve the speed of design and construction, and reduce project costs. b) Vermont should take full advantage of pre-cast concrete bridge components in order to get the most out of the Vermont's short construction season and reduce project costs. c) Vermont should revisit/review the historic bridge requirements. d) Vermont should pursue the use of design/build contracts for bridge rehabilitations and replacements, and roadway reconstructions. Successful bidders would be fully accountable for designing and building to required standards. The purpose would be to give contractors greater control and predictability over their projects, thereby reducing costs. e) VTrans should consider ways to improve bundling of projects in a single contract, for completion within a set number of years at a fixed price. The goal would be to increase even further the contractor's ability to plan for work flow, work force recruitment and training, material acquisition, etc. thereby reducing costs and making costs more predictable. f) The state should encourage, where feasible, the turnover of management to local teams for projects on local transportation facilities. Recommendation 7:Multi-year budgeting The Legislature should consider providing multi-year budget approval for construction projects with annual adjustments based on available revenue to allow for meaningful multi-year planning. 11/19/08 CCMPO BRC Recommendations Page 7 of 10 LIST OF ADDENDA ADDENDUM 1: Blue Ribbon Commission Members & Working Group Participants ADDENDUM 2: Forecast of MTP Funding Needs Through 2025 ADDENDUM 3: Funding Sources Evaluation 11/19/08 CCMPO BRC Recommendations Page 8 of 10 ADDENDUM 1: Blue Ribbon Commission Members & Working Group Participants Blue Ribbon Commission Member Peter Clavelle Member Jim Condos Member John O'Kane Member Bob Penniman Member Tom Torti FundingOjtions Work Grou s Dave Roberts,CCMPO Staf Private Developers Bob Bouchard LCCC Dawn Francis Town Reps Jonathan Leopold,Paul Conner CCTA Chris Cole VTrans Tom Daniel, Carmen Neveau,Matt Langham Citizen Marcy Ryan Legislative Delegation Ted Brady,Jeff Munger,Mary Sprayregen FHWA Chris Jolly CCRPC Charlie Baker VLCT Trevor Lashua Planner Juli Beth Hinds Flexible Standards & Project Delivery (Eleni Churchill,CCMPO Staff) Concrete Industry Mike Coates VTrans Jim Bush,Al Neveau, Kevin Marshia Engineers Greg Edwards,Jim Donovan Community Representatives Sonny Audette,Carol Duncan,Bruce Hoar VLCT Karen Horn TAC Representative Andy Legg FHWA Chris Jolly Intergovernmental Roles&Relationships Work Group (Christine Forde& Bryan Davis,CCMPO Staff) CCTA Chris Cole Town Managers Chuck Hafter, Sandy Miller VLCT Trevor Lashua LCCC Dawn Francis CCRPC Charlie Baker BIA Brian Searles VTrans Mel Adams,Amy Bell CATMA Meredith Shuft UTC Lisa Aultman Hall FHWA Chris Jolly 11/19/08 CC11PO BRC Recommendations Page 9 of 10 ADDENDUM 2: FORECAST OF MTP FUNDING NEEDS THROUGH 2025 1 I i •' Year 2000 Dollars (Millions) y if a o 0 0 0 0 0 0 0 0 0 0 all ‘-'° 1 C) -(4.) c)p00) e. ft 0 \\I 1)1 . 1pp6 CL ,'p° (D T = 9 n m 7. n <p,, 1 ,-)p,,) I �p CL °4 M CO V)pzs 1 in Z 3 1,6 c a CD "s (I)w °�� ' Az t -. a, 1p ' - �9 1. O g °�O / / / C N O n • C X 1� � " 3 N c 0 0 1p .�'^ d a n IV g P.- vp rp ' w' v. a CTI N �y A F °° p� N 4 0 c 0 44, 2. ADDENDUM 3: FUNDING SOURCES EVALUATION CCMPO Innovative Finance Blue Ribbon Commission Funding Options Workgroup Funding Sources Evaluation 10/25/2008 .. Revenue Ease of RelReimiunship to ,'State(5)or Stability/ Moltunodnl Est.Annual Chit.Cry. Assumptions/Calculation lions/Calculation Regional IR) Currently Authonn•d' Potential Funding source Adequacy Predictability Lyuny implement' Feasibility tcunutnlc Revenue(2008) p Yield at tun tflit.leil,y Implementuli.a Gasoline Excise(per gallon)Tax 0 0 4 • 4 0 -$1 million le/gallon S State level only Diesel Excise Tax 0 0 4 • 4 0 <$0.5 million 1 c/gallon S State level only Indexed Gasoline Excise Tax () 4 0 • 4 0 -$1 million+ lc/gallon+CPI S No Motor Fuel Sales Tax 4 0 0 • 4 0 -$3 million 1%on gas sales 5 No Value Added Tax • 4 4 4 4 0 Mid Varies with Industries covered S/R No Registration Fee • 4 4 • 0 4 $1.2 million $5-$10 per year on each reg vehicle S/R State level only Personal Property Tax on Vehicles • • 4 4 4 4 $9.10 million $5000/vehicle x 1%tax S/R No Vehicle Sales Tax 4 4 • • 4 0 $2.4 million 1%-2%on each vehicle sold in CC S/R State level only Tolling New Lanes/Facilities • 0 • 0 ;.) • Low-Mid Minimal new highway lanes S/R No VMT Fees • 4 4 0 - • Mid-High Significant VMT in CC S/R No O Local Option Sates Tax • • 4 • • 0 $10.20 million 1%on retail sales in CC R Yes w/restrictions `_ LI Impact Fees 4 4 • • 4 4 Mid-H(gh Regionalized fees>municipal fees R Yes w/restrictions i; Innovative Financing•Debt • • 4 0 • 4 Mid-High Regionalized debt capacity>muncip capacities S/R Yes w/restrictions OPublic-Private Partnerships • 4 • 0 4 • Low-Mid Few CC projects approp for PPPs S/R Yes w/restrictions t� Payroll Tax • • 4 4 • 0 $10-41 million .25%-1%of total annual CC wages S/R No CC CC Business Energy Tax Credit 4 4 • 4 • • Low-Mid 35%tax credit on eligible private spending 5 No m Special Asssessment Districts • • • 4 • • Mid-High Similar to successful BID initiatives R ? C, r VKEY: •Excellent 4 Fair 0 Poor Sc 0 a A•14IIPA1R , S GINC . � TR��tiSPORTATION • • ill a Yes 1 t.�1 _il. i I-89 Exit 12B Financing Options Study December 31, 2009 Final Report Prepared For: VT Legislature In Accordance With Section 99 of Act No. 50 (H.438) Of the 2009-2010 Legislature On Behalf Of: Chittenden County Metropolitan Planning Organization Prepared By: Resource Systems Group, and Michael J. Munson, PH.D, FAICP DATA 1 ANALYSIS I SOLUTIONS Report Prepared for: The Chittenden County Metropolitan Planning Organization, in cooperation with the Vermont Agency of Transportation in Response to Section 99 of Act No. 50(H. 438) of the 2009-2010 Vermont Legislature The preparation of this report has been financed in part through grant[s]from the Federal Highway Administration and Federal Transit Administration,U.S.Department of Transportation, under the State Planning and Research Program,Section 505 for Metropolitan Planning Program,Section 104(f)] of Title 23,U.S. Code. The contents of this report do not necessarily reflect the official views or policy of the U.S.Department of Transportation. TABLE OF CONTENTS EXECUTIVE SUMMARY E-1 1.0 INTRODUCTION 1 2.0 PROJECT COST AND GENERAL FUNDING SOURCES 2 3.0 NATIONAL TRANSPORTATION FUNDING CONTEXT 3 4.0 DESCRIPTION OF LOCAL FUNDING OPTIONS 4 5.0 LOCAL FUNDING OPTIONS REVENUE ESTIMATES 10 6.0 CASE STUDIES 24 7.0 SUMMARY AND CONCLUSIONS 27 APPENDIX A: ADVISORY COMMITTEE MEMBERS 31 THIS PAGE LEFT INTENTIONALLY BLANK. 32 APPENDIX B: DEVELOPMENT ASSUMPTIONS 33 APPENDIX C: PROPERTY TAXES FOR CHITTENDEN COUNTY MUNICIPALITIES 35 LIST OF TABLES Table 1: Estimated Project Costs 2 Table 2: Federal/Non-Federal Funding Proportions by Design Alternatives 3 Table 3: Maximum Bonded Indebtedness Supported by Various Financing Approaches 23 Table 4:Case Study A-Undeveloped Parcel Case Study 25 Table 5: Estimated Impact on Annual Property Tax for Case Study A after Development Occurs 25 Table 6: Non-Residential Tax Rates in Surrounding Municipalities 26 Table 7:Case Study B-Developed Parcel Case Study 26 Table 8:Estimated Impact on Annual Property Tax for Case Study B 26 Table 9: Bond Amount Supported by Different Funding Mechanisms...., 28 Table 10: Exit 12B Funding Source Options 29 LIST OF FIGURES Figure 1:Assumed Financing District Limits 11 Figure 2:South Burlington Exit 12B Finance District Growth Assumptions 14 Figure 3:Williston Exit 12B Finance District Growth Assumptions 15 Figure 4:Cash Flow for$1,750,000 Bond from So. Burlington Exit 12B Financing District-$0.05 per Square Foot Assessment 17 IN/ Exit 12B Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page i Figure 5:Cash Flow for$1,750,000 Bond from Williston Exit 12B Financing District-$0.05 per Square Foot Assessment 17 Figure 6:Cash Flow for$1,750,000 Bond from So. Burlington Exit 12B Financing District-$0.05 per$100 of Assessed Value 18 Figure 7:Cash Flow for$4,500,000 Bond from Williston Exit 12B Financing District-$0.05 per$100 of Assessed Value 19 Figure 8:Cash Flow for$3,000,000 Bond Supported by TIF in So.Burlington Exist 12B Financing District 20 Figure 9:Cash Flow for$675,000 Bond Supported by Development Impact Fee in So. Burlington Exit 12B Financing District 22 31 December 2009 Exit 12B Financing Options Study Page ii Prepared by RSG and Michael J.Munson,PhD,FAICP -_ EXECUTIVE SUMMARY The purpose of this study is to explore innovative financing options for the construction of a proposed new interchange between I-89 and VT 116 in the City of South Burlington,VT (referred to as Exit 12B). The report responds to the requirements of Section 99 of Act No. 50 (H.438) of the 2009-2010 Legislature, which charged the Chittenden County Metropolitan Planning Organization (CCMPO) with completing a pilot project to "... examine the potential for a public- private initiatives program...for the advancing of an interchange on Interstate 89 along Vermont Route 116 in South Burlington..."To undertake this task, the CCMPO convened an advisory committee in June 2009 that provided information and input and directed the consultants. The CCMPO completed a feasibility study in 2008 that found that two design options -- a modified diamond interchange and a modified single point urban interchange (SPUI) --would provide acceptable performance.The total estimated project cost ranges from$33.4 for a modified diamond to $47.5 million for single point urban interchange, not including right-of-way acquisitions. Under current law, federal funds may be used for 80% to 90% of these costs.The minimum non- federal match requirement ranges from a low of$3.3 million to a high of$9.5 million, depending on the design selected and the availability of 80% or 90% federal funds. In 2008, the CCMPO's Blue Ribbon Commission on Transportation Financing identified several potentially fruitful sources of additional funding for transportation projects and operations in the region, including: Local Option Sales Tax, Impact Fees, Debt Financing (Bonds), Public-Private Partnerships, Special Assessment Districts, and Tolling.All of these options are discussed in the report. The following options were selected for analysis because they have the potential to generate revenue for use in paying down a bond: a Special Assessment District (based on square footage or assessed value),Tax Incremental Financing District, Development Impact Fees, and surcharges at the Burlington International Airport. Local options sales taxes already exist in South Burlington and Williston and have been designated for other uses. Public/Private partnerships,which require a transportation facility that can generate revenue (most often with tolls) is not applicable in this case. For the purpose of this study, the consultants assumed a financing district that includes portions in South Burlington and Williston that would benefit from access to the proposed interchange (Figure E-1). The South Burlington portion includes the land around the airport. The Williston portion includes the commercial and mixed use areas around Taft Corners. Other design alternatives may be selected through the Environmental Impact Statement process that may result in different cost estimates. Exit 12B Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page E-1 Figure E-1:Assumed Exit 128 Financing District \,,,,‘ i \-: , � South Burlington Portion s �\ igkiiiirWilliston Portion / Two\ \--- - - 4 ,......_____1. i F...4., u ,,,,, 1st, !, \ r I 11 i .A iv.. nr 1i*�; �� s� r ,.r .1 , f_ .. ,_ ----4'6. AllritAtOP 4 Ord,'it i' ,''' _ 4 1 .- .. ,,t ,___._) , . wk..," _.,41.„ .irm-, 0,t4, , ) q , ii ___E Nib._ t,_ - 1,4, 4110 ,_. 41,42.„- , y --, P ••x� � • Exit 12B✓( ■li� ~ —gig Rive E i' 0 1-89 Exit 12B Assumed Financing District E R s 6 Table E-1 shows the bond amounts that could be supported by the various funding mechanisms within each portion of the assumed financing district. Table E-1:Bond Amount Supported by Different Funding Mechanisms Financing District Financing Approach South Burlington Williston Special Assessment District' $1,750,000 $1,750,000 ($0.05 per s.f of Floor Area) Special Assessment District' $1,750,000 $4,500,000 ($0.05 per$100 of Assessed Value) T.I.F. District2 $3,000,000 Not Applicable Impact Fees3 $675,000 Not Applicable ($500 per P.M. Peak Hour Trip End) Airport Parking Surcharge $375,000 Not Applicable ($0.10 on each parking permit) 1.Support from the Town of Williston for a special assessment dedicated to Exit 12B tax is unlikely. 2.South Burlington intends to establish a TIF district for the City Center project.Only one TIF district is permitted per municipality.Therefore,TIF is not a viable option for Exit 12B. 3.Has potential to double charge developers if used in combination with special assessment tax. The most likely sources of local revenues are the Special Assessment District limited to the South Burlington portion of the Exit 12B financing district and airport surcharges. 31 December 2009 Exit 12B Financing Options Study 1 Page E-2 Prepared by RSG and Michael J.Munson,PhD,FAICP A multi-jurisdictional special assessment district is allowed under state law and has the potential to generate the largest amount of revenue. However,it is unlikely that Williston will support an Exit 12B special assessment district because of competing needs within its own borders. In addition,current state statutes would not allow revenues generated by a TIF district or development impact fees to be allocated for projects outside of the municipality.Therefore, revenue generated in Williston by these means would not be available for Exit 12B. In South Burlington,the TIF option is not available as a stand alone approach to fund Exit 12B.South Burlington officials are reserving their one option to establish a TIF district to support infrastructure needs for the City Center project. The development impact fee may also be acceptable. However,development impact fees and the special assessment tax should not be combined because of the potential to double-charge developers. In order to fund the potential maximum of$9.5 million in non-federal match,the special assessment tax would need to be approximately$0.24 per square foot on non-residential buildings within the assumed South Burlington Exit 12B financing district.This assessment would increase property taxes on commercial property within the assumed financing district by about 13%and would make commercial properties in South Burlington noticeably less competitive with properties in Williston and Essex. Based on an informal survey of commercial property owners in the assumed financing district,$0.05 per square foot was considered a reasonable assessment.A$0.05 per square foot assessment would increase total property taxes in the South Burlington Exit 12B financing district by about 3%and would have little or no impact on the competitiveness of properties outside of the financing district. A special assessment tax rate of$0.05 per square foot in combination with a surcharge on parking at the Burlington International Airport could contribute approximately$2.1 million towards the cost of constructing Exit 12B.The balance of funds required will depend on the final design selected for the interchange and whether 80% or 90% federal funding would be available for the project.Table E-2 on the following page presents a funding plan that accounts for these variables.It assumes that any gap in the non-federal match will be covered using funds from the State's highway trust fund (although there are no guarantees that those funds will be available). Exit 12B Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page E-3 Table E-2:Exit 128 Funding Plan Options 80%Federal Funding Scenario Modified Single Point Urban Funding Source Diamond Interchange 80%Federal $ 26,667,520 $ 37,969,971 Exit 12B Special Assessment $ 1,750,000 $ 1,750,000 Airport Parking Surcharge $ 375,000 $ 375,000 State Highway Trust Fund $ 4,541,880 $ 7,367,493 Total $ 33,334,400 $ 47,462,464 90%Federal Funding Scenario Modified Single Point Urban Funding Source Diamond Interchange 90%Federal $ 30,000,960 $ 42,716,218 Exit 12B Special Assessment $ 1,750,000 $ 1,750,000 Airport Parking Surcharge $ 375,000 $ 375,000 State Highway Trust Fund $ 1,208,440 $ 2,621,246 Total $ 33,334,400 $ 47,462,464 Note: Project cost estimates may change as a result of the EIS process. This study presents the revenue that could potentially be generated by a variety of locally initiated funding mechanisms.The most viable options appear to be the Special Assessment District and surcharges at the Airport. Both options will require local approval. In order to establish a special assessment district,the South Burlington City Council will need to (1) decide that it supports the concept and (2) seek approval by a majority of the voters of the municipality.The special assessment district could also be established if the owners of all property located in the proposed district agree to the special assessment; a much less likely scenario. Fees at the airport must be approved by the Airport Commission. 31 December 2009 Exit 12B Financing Options Study Page E-4 Prepared by RSG and Michael J.Munson,PhD,FAICP 1.0 INTRODUCTION The purpose of this study is to explore possible innovative financing options for the construction of a proposed new interchange between I-89 and VT 116 in the City of South Burlington,VT (referred to as Exit 12B). This report provides background information on the project and its costs, describes the national transportation funding context, describes several local mechanisms that could be used to fund a portion of the project and estimates their potential contribution towards its costs,and presents case studies to show how the most likely funding mechanisms could affect specific properties. In 2007,it became clear to the Chittenden County Metropolitan Planning Organization board members and staff that future funding for transportation infrastructure in Chittenden County and the State of Vermont would continue to be inadequate. Nationally,an increase in demand for transportation services and a decrease in revenue from existing funding mechanisms continue to increase the gap between needs and resources.According to the Vermont Long Range Transportation Business Plan,the State of Vermont estimates that over the next 20 year period,the State's revenue shortfall will be between$4.2 and$8.7 billion, unless new federal or state revenue streams are identified. In order to take control of its funding future,the CCMPO set out to examine possible alternative funding mechanisms. In June 2008,the CCMPO hosted a Workshop on Innovative Transportation Finance.As a result of this workshop,the Blue Ribbon Commission on Innovative Finance was formed.This five-member committee began work in March of 2008 and was charged with providing a set of recommendations regarding viable innovative finance strategies to advance the region's transportation needs,including all modes as well as the necessary connections with land use, economic, environmental and quality of life needs. Realizing the potential of alternative funding mechanisms,the Vermont Legislature charged the CCMPO a follows: "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..." In order to undertake this task, the CCMPO convened an advisory committee in June 2009.The advisory committee included representatives from the City of South Burlington,Vermont Agency of Transportation, Federal Highway Administration, Burlington International Airport,CCMPO,and several land owners and developers with property near the proposed interchange. In addition, meetings were held throughout the process with the Town of Williston Manager and Planning Director to brief them on the project and obtain input with regards to components of the project which might impact the Town of Williston and its tax payers.A list of advisory committee members is attached in Appendix A. VIP Exit 126 Financing Options Study 31 December 2009 -A.. Prepared by RSG and Michael J.Munson,PhD,FAICP Page 1 The advisory committee met several times during the fall of 2009.At the recommendation of the advisory committee,the CCMPO hired Resource Systems Group, Inc.and Michael J. Munson, PhD, FAICP to conduct this study under the direction of and with support from the project advisory committee. 2.0 PROJECT COST AND GENERAL FUNDING SOURCES The 1-89 Exit 12B Alignment Study1 provides a feasibility analysis of different design options for the proposed interchange between I-89 and VT 116 in South Burlington. The study concludes that a modified diamond interchange and a modified single point urban interchange (SPUI) are the two design options that would provide acceptable performance. Conceptual plans and costs were prepared for these two design options. The total project costs are presented in Table 1 and have been updated to include the cost to complete an Environmental Impact Statement (EIS). The cost estimates presented below do not include right-of-way acquisition and may change as a result of the EIS process.Additional details on the cost estimates are available in the 1-89 Exit 12B Alignment Study. Table 1:Estimated Project Costs Modified Single Point Urban Item Diamond Interchange Estimated Construction Costs $ 18,334,000 $ 27,164,040 Contingiency(15%) $ 2,750,100 $ 4,000,000 Environmental Impact Statement $ 4,000,000 $ 4,074,606 Preliminary Engineering(20%) $ 3,666,800 $ 5,432,808 Project Management(10%) $ 1,833,400 $ 2,716,404 Right-of-Way Acquisition Not Included Not Included Construction Engineering(15%) $ 2,750,100 $ 4,074,606 Total Project Costs $ 33,334,400 $ 47,462,464 Note:Estimated project costs may change as a result of the EIS process. Projects on the Interstate are eligible to be funded through two federal programs administered by VTrans: • Interstate Maintenance Program (IM): Provides up to 90% federal transportation funding for resurfacing, restoring, rehabilitating and reconstructing the Interstate Highway System; and • Surface Transportation Program (STP): Provides up to 80% federal transportation funding for projects on any Federal-aid highway, including the National Highway System (NHS),bridge projects on any public road, transit capital projects, and bus facilities. STP funds may be"flexed"between different 1"1-89 Exit 128 Alignment Study,Existing Conditions,Traffic Analysis,Geometric Alternatives and Expected Costs and:Supplemental Memo—Alternative Analysis",prepared by Resource Systems Group for the Chittenden County Metropolitan Planning Organization, Final Report-July 2009.The report is available on the CCMPO's web site http://www.ccmpo.us/library/scoping/Exit12B alignment study/ IrIP 31 December 2009 Exit 12B Financing Options Study Page 2 Prepared by RSG and Michael J.Munson,PhD,FAICP -A. funding categories within certain limitations. Exit 12B is eligible for STP funds because the Interstate is part of the NHS. Federal funds are allocated to states according to established formulas and may be supplemented by earmarks secured by Vermont's Congressional delegation. Non- federal portions of Interstate project costs (ranging from 10-20%) are typically covered by the State of Vermont using funds from the state's transportation trust fund approved by the Legislature each year in the capital program. Financing options for Exit 12B are of interest to the Legislature because of the potential to reduce the need for state and federal funding of the project. Depending on the final design alternative selected and the program under which the project is funded, the non-federal match requirements range from a low of approximately$3.3 million to a high of$9.5 million (Table 2). Table 2:Federal/Non-Federal Funding Proportions by Design Alternatives 80%Federal Funding Scenario Modified Single Point Urban Funding Source Diamond Interchange 80%Federal $ 26,667,520 $ 37,969,971 20%Non-Federal Match $ 6,666,880 $ 9,492,493 Total $ 33,334,400 $ 47,462,464 90%Federal Funding Scenario Modified Single Point Urban Funding Source Diamond Interchange 90%Federal $ 30,000,960 $ 42,716,218 10%Non-Federal Match $ 3,333,440 $ 4,746,246 Total $ 33,334,400 $ 47,462,464 3.0 NATIONAL TRANSPORTATION FUNDING CONTEXT The federal surface transportation authorization bill, currently pending in Congress, will probably increase the overall amount of federal funding allocated to highways, transit, non-motorized modal facilities and freight infrastructure. The following discussion is based on an initial bill which will be subject to significant change as the reauthorization process proceeds. The draft bill Congressional committees are now considering would, if approved as currently written; authorize a total of about$450 billion over six years, plus an additional $50 billion for high-speed rail, representing an increase of about 70 percent from the now-expired SAFETEA-LU authorized funding levels. At the same time, Congress is likely to consolidate and/or eliminate up to 75 currently separate highway and transit funding programs. These would be merged into four"core" funding categories: "State of Good Repair," Safety, Capacity (highway and transit) and Congestion Reduction/Greenhouse Gas Mitigation. There is also likely to be an increased emphasis on inter-state freight corridors, reducing congestion and increasing mobility in major metropolitan areas and environmentally-beneficial projects and programs. The consolidation of funding programs and emphasis on major goals may IM4 9Exit 12B Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 3 lead to enhanced flexibility for states and funding recipients in the specifics of how federal funding is spent. An important additional theme that overlays the new transportation bill is "performance-based planning." In recent years, Congress, USDOT,several federal commissions and other key groups have called for a"fundamental transformation" in the way federal transportation dollars are spent,transitioning to a focus on projects and programs that offer the best return on investment in the context of national goals and priorities. In other words,the pending bill may reorient federal spending rules so that federal funding is focused mainly on projects and investments that best serve the national interest. To achieve this, Congress will likely mandate that DOTs and MPOs use performance-based planning and project selection methods,tied directly to a set of mandatory national performance measures written into law or regulation. For a project of regional importance such as Exit 12B,these changes may have two related consequences. First, assuming a set of performance measures will be mandated, any project seeking federal funding may need to "prove itself" in the context of showing positive impacts in the various performance categories. Congress or USDOT could conceivably require that project candidates for federal funding be prioritized and selected based on how they perform vis-à-vis the mandatory performance measures. Second, for any project that does not perform well under the performance measures, non-federal funding will become increasingly important, since the probability of accessing highly competitive federal funding sources will decline. The stakeholders in the Exit 12B development process have rightly recognized the need for identifying and securing non-traditional, non-federal sources of funding to help enhance the project's feasibility. In 2008,the CCMPO's Blue Ribbon Commission on Transportation Financing identified several potentially fruitful sources of additional funding for transportation projects and operations in the region,including: Local Option Sales Tax, Impact Fees, Debt Financing (Bonds), Public-Private Partnerships, Special Assessment Districts, and Tolling. The Vermont State Legislature has already authorized several of these methods, although the methods may require additional legislative refinement to ensure their applicability and longevity. Others, particularly tolling and public-private partnerships, are significantly more complex and would require more study and legislative discussion before the CCMPO or others could take any substantive action. 4.0 DESCRIPTION OF LOCAL FUNDING OPTIONS This section of the report defines and provides a brief discussion of the local funding options and their applicability relative to Exit 12B and presents an overview of organizational and institutional arrangements that could be established to move the project forward. There are two basic categories of local revenue sources. The most common are those that draw from the entire community and are generally used to provide services and facilities used by the entire community. Examples include general property tax 31 December 2009 Exit 12B Financing Options Study11144 Page 4 Prepared by RSG and Michael J.Munson,PhD,FAICP -a revenues and, in Vermont, local option sales tax revenues. Local property taxes provide funding for most municipal facilities and services and are currently stretched to the point where approval of increases is difficult to obtain. South Burlington and Williston have adopted local option sales taxes (and rooms and meals taxes),but in both cases the revenues are formally dedicated to reducing property tax burdens. Finally, since the benefits of the Exit 12B project are fairly well concentrated on a delineated service areal, general revenue streams are not seen as having potential for innovative funding approaches.There are, however, several possible district approaches for enhancing the municipal (i.e. not State or Federal) tax revenue stream. 4.1 Special Assessment Districts A municipality may establish a special assessment district to fund specific infrastructure improvements that benefit primarily the properties within the district, in accordance with 24 V.S.A., Chapter 87. A special assessment district must be approved by a majority of the voters of the municipality unless the owners of all property located in the proposed district agree to the special assessment. The assessment may be based on assessed value, frontage, lot area, floor area, or any other measure that effectively links the amount of the assessment to the benefits received by the property. The assessment will apply to the property as it exists at the time the special assessment is established, and will apply to those properties in subsequent years as new development takes place, until all costs for the specified infrastructure improvements have been paid, or until any expiration date included with the establishment of the special assessment. Thus, the special assessment district will have an initial annual cash flow that will grow as new development takes place. As noted below, two or more municipalities may establish an inter-municipal compact for the purpose of funding an infrastructure improvement, in which each is authorized to use a special assessment district as a means of raising its specified share of the costs of the improvement. 4.2 Tax Incremental Financing (TIF) Districts In many cases an infrastructure project is intended to enable new development which could not occur without the infrastructure. The new development adds to the municipality's property tax base and thus generates an incremental increase in property tax revenues. Tax Incremental Financing (TIF) is a mechanism that captures some or all of the increment in tax revenues and dedicates it towards paying for the infrastructure investment that enabled the development. A TIF district does not change the local tax rate or the tax revenues generated by the new development. It simply diverts the tax revenue increment from other government services to the infrastructure project. TIF relies on the incremental increase in tax revenues created as new CCMPO model runs estimate that of the traffic that will use Exit 12B,54%will start or stop within the delineated service area,34%will start and stop elsewhere within the two municipalities,and 12%will start and stop from outside of the two municipalities. Exit 12B Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 5 development occurs. Since the rate of growth created by new development is uncertain,the potential cash flow generated by a TIF district is also difficult to predict. In Vermont there are two separate local property taxes that are potentially impacted by TIF: The local municipal property tax,and the education property tax(which includes both a local and a statewide component). In South Burlington,the TIF option is not available as a stand alone approach to fund Exit 12B.South Burlington officials are reserving their one option to establish a TIF district to support infrastructure needs for the City Center project. Municipal property Tax Incremental. As a general rule, the municipal property tax represents roughly 25 to 30 percent of total property taxes.Vermont municipalities have the ability to create a TIF district and redirect the increment in municipal property tax revenues to pay for the needed infrastructure at any time, in accordance with 24 V.S.A., Chapter 53, Sub-Chapter Vl. Education property Tax Incremental (both the local and the statewide portions). The balance of property taxes (70-75%) are for education.Before a municipality may establish a TIF for the purposes of diverting education property tax revenue increments towards infrastructure funding,it must first obtain approval from the Vermont Economic Progress Council (VEPC),in accordance with 32 V.S.A., Chapter 135. At present only a limited number of municipalities may be awarded VEPC approval. The approval criteria are quite rigorous and the TIF revenues may not be used for infrastructure improvements outside of the TIF district. Also,the statute limits the portion of the education tax revenue increment that may be used for infrastructure financing to 75 percent. Unlike the special assessment district,TIF revenues may only be used for projects within the municipality.Therefore, the TIF option is limited to the City of South Burlington and can not be applied to Williston. Even in the South Burlington portion, it is recognized that the use of TIF revenues for infrastructure improvements means that the revenues are not available for other city or school services. It may be prudent to consider the use of only a portion of the maximum allowable revenue stream that could be generated by a TIF district. 4.3 Development Impact Fees Impact fees are levied on new development to offset the cost of providing infrastructure needed to address increased demand from the development(per 24 V.S.A.;Chapter 131). Only the portion of infrastructure projects that actually provide increased capacity to accommodate new development are eligible,for impact fee funding. The fees are collected when new development obtains zoning permits. Since the timing of new development is uncertain,the flow of impact fee revenues is also difficult to predict. Infrastructure projects that accommodate demands from development outside of the 'According to VEPC staff,it may not be permissible to implement a TIF solely for municipal tax revenues without VEPC approval.Further clarification is necessary on this issue. VIP 31 December 2009 Exit 12B Financing Options Study Page 6 Prepared by RSG and Michael J.Munson,PhD,FAICP host municipality are not covered by development impact fees, nor are infrastructure projects aimed at remedying existing service deficiencies.Thus,impact fee revenues are unlikely to cover 100 percent of the cost of an infrastructure project. Development impact fees may be applied on a municipal wide basis to fund infrastructure improvements that serve the entire community,or may be applied to a smaller district or area which will specifically benefit from the proposed infrastructure improvement. It is necessary to develop formulae for impact fees that specifically link the demands from development to the cost for the infrastructure improvement. For transportation infrastructure,this is typically expressed as a cost (or fee) per PM Peak Hour trip generated by new development. If the revenues are not spent on the planned improvement within six years of being collected,they are to be returned to the then owners of the development from which they were collected. It is not at all clear that a municipality may impose impact fees for the purpose of funding a portion of an infrastructure improvement located outside of that municipality's boundaries. It is possible that such an approach may be established through the use of an inter-municipal compact. If this approach is to be pursued,it is recommended that legal advice be obtained. 4.4 Local Options Sales Tax South Burlington and Williston have a 1% local option sales tax and a 1%local options meals and alcoholic beverage tax.These taxes were approved by the voters for use in the general fund as a means to help reduce property taxes.As a result,local options sales taxes are not an option to help fund Exit 12B. There was no discussion at the Advisory Committee level with regards to seeking a direct contribution from private parties to fund the implementation of this project. Further discussions with interested investors could be pursued as the project development process proceeds. 4.5 Private Contributions (cash or in-kind) While cash contributions from private parties may not be used for local education expenditures,there is nothing to prevent private parties from making cash or in kind contributions for needed infrastructure improvements. Such contributions should be clearly set aside and used only for the designated infrastructure improvement. 4.6 Institutional Contributions In some cases there may be one or more institutions,that are neither private nor associated with the host municipality,that stand to benefit from a proposed infrastructure improvement. If so,it is reasonable for the institutions to agree to provide some of the funding for the improvement. Middlebury College has agreed to provide a significant portion of the cost of a new bridge in that community.St. Michaels College has agreed to fund a portion of a planned campus connector in Colchester.The Campus Area Transportation Management Association,which serves Champlain Exit 126 Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 7 College, Fletcher Allen Health Care, UVM and the Red Cross has participated in a variety of transportation projects in the Burlington area. In the case of Exit 12B,two such institutions have been identified: The Burlington International Airport(BVT),and the Vermont Air National Guard (VTANG) based adjacent to the airport. The Burlington International Airport(BTV). Exit 12B will provide direct access from I-89 to the airport via Hinesburg Road, Kennedy Drive and Airport Drive. There is little question that this will benefit the airport. BTV's participation in funding the improvement,however, is limited by federal constraints on using airport derived revenues for off-airport improvements. Initial conversations have identified three possible mechanisms for generating funds to support the project: 1) a surtax(for lack of a better word) on parking fees, 2) a surtax on car rental fees,and 3) a dedicated increase in the payment in lieu of taxes that BTV makes to the City of South Burlington. All of these merit additional exploration. The Vermont Air National Guard (VTANG). The Air Guard is headquartered adjacent to the airport to the north and east. At present the degree to which Exit 12B will increase accessibility to VTANG facilities is unclear. Federal funds from the Department of Defense have been used to pay for transportation facilities that provide direct access to a material base or other facilities.This option was discussed with officials from the Burlington International Airport. Because Exit 12B would not provide direct or exclusive access for the Air Guard facilities, it is probably not eligible for DOD funding. 4.7 Organizational or Institutional Arrangements Infrastructure projects are generally administered by either a municipality or a state agency. Joint funded projects are generally administered by a state agency. In either case,the usual process involves doing the necessary preliminary planning and design, completing the required Environmental Impact Statement(EIS),completing construction documents,soliciting bids, letting a contract,construction and contract supervision,and acceptance of the completed project. There are several alternatives that may be considered,all of which will require concurrence of FHWA and VTrans: Design-Build After completion of the EIS, a single party may be contracted to prepare final design and build the project. This approach has the potential to compress the design and construction periods,and could therefore potentially save money. Also,by using only a single contractor,internal efficiencies may reduce total project costs.While design- build may help reduce cost,it is not a revenue generator and it would not be prudent at this point in the process to make any assumptions about how much money or time could be saved using this approach.When construction is complete,the project is turned over(such as a turn-key project) to the relevant public agency for long term ownership/operation. riP 31 December 2009 Exit 126 Financing Options Study Page 8 Prepared by RSG and Michael J.Munson,PhD,FAICP -� Private Sector Investments in Transportation Projects In some cases a private party may choose to invest in some or all of a transportation project with the expectation of making profit upon the project's completion.The completed project may be sold to a public agency,may be leased to a public agency on a "lease to own"basis, or the private party may be able to recoup its investment through user fees (e.g.privately owned toll roads).This practice has been applied for toll roads where a private investor may build and then operate the facility with the goal of generating enough revenue to for debt service and to make a profit. It is not appropriate for a new interchange because the means of generating revenue, a toll,is not practical for Exit 12B for a number of reasons. Inter-municipal Organizations Some projects which benefit or serve more than one municipality may be owned, operated and/or administered by some form of inter-municipal organization. Examples include: Transportation Management Association (TMA) established specifically to own and operate transportation facilities.A Vermont example is the Campus Area Transportation Management Association (CATMA),the TMA for the Hill Institutions in Burlington (Fletcher Allen Health Care, UVM,Champlain College and the Red Cross). CATMA is a nonprofit, employer-based organization formed in 1992 to enable its members to share resources as well as jointly plan,develop,and manage all transportation and parking programs,infrastructure,and associated facilities.TMAs typically manage Transportation Demand Management programs such as rideshare matching services and guaranteed ride home,subsidized and free transit passes, bike/walk reward program,incentives to park off-site,and flex time polices.TMAs,like CATMA,also form partnerships with municipalities and other public agencies to help fund, operate and manage transportation projects. Reconstruction of Main Street in Burlington and the soon to be constructed third lane at the Main Street/Staples intersection in South Burlington are two examples where a TMA has supported transportation infrastructure projects. Inter-municipal agency established by member municipalities such as the Chittenden County Transportation Authority(CCTA) or the Champlain Water District(CWD). Inter-municipal contracts (per 24 V.S.A.,Chapter 122) established by the effected municipalities specifically to own and administer a specific facility(e.g.the Tri-Town wastewater treatment plant in Essex Junction) or to establish lands for specific development such as an industrial park. The contract may set forth how the municipalities will raise monies,collect and disburse tax revenues,manage facilities, etc. If such inter-municipal agencies are able to pursue more expeditious procedures for planning,designing and constructing the needed infrastructure improvement,their use may reduce the total cost of the improvement or the time needed to implement the Exit 12B Financing Options Study 31 December 2009 -� Prepared by RSG and Michael J.Munson,PhD,FAICP Page 9 improvement. Some administrative capability will be required,both for the planning, design and construction period, and for long term operation. Combinations Combinations of the above are certainly possible. For instance, an organization created by inter-municipal compact may have the project built on a design/build, lease to own basis. The organizational form should be selected to reduce construction time or construction costs, or both. Whatever organizational form is used, it is obviously necessary for it to have a revenue stream sufficient to offset the project's costs. 5.0 LOCAL FUNDING OPTIONS REVENUE ESTIMATES This section of the report estimates the potential funding contributions for each option described in Section 4.0.The Special Assessment Districts,Tax Incremental Financing Districts and Development Impact Fee options are all based to some degree on general assumptions regarding the limits of a financing district and the rate of growth.The general assumptions are described below followed by cash flow estimates for each option. 5.1 General Assumptions 5.1.1 Financing District Delineation and Characteristics Underlying the analyses in this study is the general premise that some of the costs of the interchange should be borne by the properties that stand to benefit from the improved access provided by the interchange, and that the contribution from these properties should, in some sense, reflect the degree to which they would benefit.Towards this end, the first step was to geographically delineate an area that included most, if not all, of the properties that would benefit (i.e., see improved accessibility) from the proposed interchange. The delineation was based on input from members of the advisory committee.As shown in Figure 1, the delineated financing district includes a portion in South Burlington and a portion in Williston. The South Burlington portion includes the land around the airport. The Williston portion includes the commercial and mixed use areas around Taft Corners. The limits reflect the perception that the proposed interchange would reduce traffic on the existing Exit 12, thus improving accessibility to the growing Taft Corners commercial center. To a large extent,the delineation followed the boundaries of zoning districts. Most zoning districts in the service area are identified for commercial or industrial development in South Burlington, and also include mixed use areas in Williston. Although there are residential areas within the limits of the assumed financing district,they are not included in the calculation of revenues. 31 December 2009 Exit 12B Financing Options Study Page 10 Prepared by RSG and Michael J.Munson,PhD,FAICP RSG estimated the origins and destinations of the traffic that would use Exit 12B using data from the CCMPO's regional transportation model. The analysis suggests that the proposed financing district generates a majority of the traffic that would use the interchange.The estimated origins and destinations of traffic using Exit 12B include: • 54% beginning or ending in the assumed financing district; • 34%beginning or ending elsewhere in the South Burlington and Williston; and • 12% beginning or ending outside of the two municipalitiesl. Figure 1:Assumed Financing District Limits2 1ya 0` V\ - " 0 Potential Exal2BFinanciigDistuct / ,.� I I1 South Burlington Pommn r _ �-- , Williston Poroon '1= , . ii �� / ' 1 , ‘ , -..--,,_\ \ v , H iiitiRL:, ...)p,pU. ,„, we //ir--1 s,;-.- _Al; \ .--- ,., , ..:- gr - tl'AVI 'V i .0.11, (-- -10 N / ..i.'irn nr..i jf a..-LI t 4 115:4 lit ifhttilr / k--- - I' t._ j , .4„1, AIL ,i.48410.v. ....zpv-a ,4.,, 7 , , / _ ...., ..,.. •Ish .1`..,. •„iti4 , / ._. 1 ..... ---s slows,-, ,ir -7---- ....4____L, ____,:.,_, ..,,..\ ,________i e___> ,__\ ,..,... _.:,.______ ______, . , --, ,___,. , ,f, cs,%.,,,,,.. e0 25 Potential Financing District Pes a s c I IMdes 1 inch equals 0S miles Exit 12e Financing Plan ,yopywr m 2009 I These percentages were estimated using output generated by the CCMPO's regional transportation model as part of the Exit 12B Alignment Study. 2 Residential areas do exist within the limits of the financing district shown in Figure 1.However,residential uses have been excluded in the calculation of potential revenues. KV4 Exit 12B Financing Options Study 31 December 2009 &lid\ Prepared by RSG and Michael J.Munson,PhD,FAICP Page 11 Financing District Data Sources A data file created by the Chittenden County Regional Planning Commission (CCRPC) for its 2003 Regional Build Out Analysis provided a starting point for this study. The data file was based on individual parcels and included data on existing development, zoning, parcel size, development constraints,and maximum potential build out. Each parcel also had a distinct I.D.number keyed to each municipality's property tax records. RSG created a data file of all parcels within the delineated Exit 12B Service Area and added the current assessed value from the 2009 municipal grand list records (provided by municipal listers) by cross-referencing the parcel I.D.numbers. Given the time span between the CCRPC build-out data and the 2009 assessed value data,there a few discrepancies where parcels appeared in one data file but not the other. These discrepancies were individually checked,and retained or deleted as appropriate. In addition,known development since 2003 was identified and added to the data base totals using information compiled by RSG through a number of relevant corridor studies and as summarized in the Exit 12B Alignment Study. The result was a data file (EXCEL Spreadsheet) of all parcels in the delineated service area. The file was easily separated the South Burlington and Williston portions of the assumed financing district.Altogether,the financing district contains 551 individual parcels and covers almost 3,275 acres of land. Characteristics of the South Burlington Portion The South Burlington portion of the financing district contains 220 parcels and covers 1,847.37 acres of land. The area contains 96 existing dwelling units and 1,942,460 square feet of non-residential building space. The total assessed value (2009) of all parcels in this portion of the service area is $186,225,000. If this is averaged over only the non-residential building floor are,the value is $95.36 per square foot. The 2003 CCRPC Build out Analysis indicated that the parcels in this portion of the service area could ultimately contain an additional 347 dwelling units and/or an additional 10,236,552 square feet of non-residential building space. If the non- residential build-out were spread over a hundred year period,it would average 102,366 additional square feet per year. This annual increment amounts to just over six percent of the existing floor area. This rate of growth is clearly not a realistic expectation in the shorter term of twenty to thirty years. A much more modest growth scenario is suggested below. By sorting on the amount of non-residential floor space on each parcel,it is possible to examine those parcels that are currently developed. This information might serve as a guide to what might occur on the undeveloped parcels. In the South Burlington portion of the service area, a total of 82 parcels currently contain non-residential building space. These parcels consist of 1,012.4 acres and contain the entire 1,942,460 square feet of building space. This represents a Floor Area Ratio (FAR is a common measure of development density or intensity) of 0.044,which is very low. 31 December 2009 Exit 128 Financing Options Study Page 12 Prepared by RSG and Michael J.Munson,PhD,FAICP • The assessed value of these 82 parcels totals $118,949,200,for an average of$63 per square foot,which is also quite low. The remaining 138 parcels contain a total of 834.97 acres with a total assessed value of $67,275,800. Characteristics of the Williston Portion The Williston portion of the financing district contains 331 parcels and covers 1,427.16 acres of land. The area contains 231 existing dwelling units (reflecting the mixed use zoning in portions of the service area) and 2,033,346 square feet of non-residential building space. The total assessed value (2009) of all parcels in this portion of the service area is $582,109,320. If this is averaged over only the non-residential building floor are,the value is$286.28 per square foot. The 2003 CCRPC Build out Analysis indicated that the parcels in this portion of the service area could ultimately contain an additional 1,081 dwelling units and/or an additional 21,328,821 square feet of non-residential building space. If the non- residential build out were spread over a hundred year period,it would average 213,288 additional square feet per year. This annual increment amounts to just over ten percent of the existing floor area. This rate of growth is clearly not a realistic expectation in the shorter term of twenty to thirty years. Again,a much more modest growth scenario is suggested. By sorting on the amount of non-residential floor space on each parcel, it is possible to examine those parcels that are currently developed. This might serve as a guide to what might occur on the undeveloped parcels. In the Williston portion of the service area,a total of 105 parcels currently contain non-residential building space. These parcels consist of 413.17 acres and contain the entire 2,033,346 square feet of building space. This represents a Floor Area Ratio (FAR is a common measure of development density or intensity) of 0.113 which,while higher than in the South Burlington portion, is still quite low. The assessed value of these 105 parcels totals$272,302,370,for an average of $133.92 per square foot. The remaining 226 parcels contain a total of 1,013.99 acres with a total assessed value of$359,806,950. 5.1.2 Growth Assumptions Growth expectations over the thirty year period are necessarily somewhat uncertain. As a starting point, the development expectations built into the most recent CCMPO transportation model were examined.The development assumptions were initially compiled as part of the Circumferential Highway EIS for use in modeling different alternatives.The Circumferential Highway consultants contacted planners in each Chittenden County municipality and asked them to identify and describe anticipated development projects.The list was updated and refined by RSG in Burlington,South Burlington,Williston and Essex through various planning studies completed between Exit 12B Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 13 2006 and 2009 including the US 2 Corridor Management Plan, Route 15 Corridor Management Plan, Dorset Street Corridor Plan and the Exit 12B Alignment Study. Appendix B presents the list of assumed development projects. Non-residential development within the applicable Transportation Analysis Zones (TAZs) was identified. It was assumed that the anticipated development would occur within the delineated service area,but that its timing would be influenced by the construction of Exit 12B as follows: • It is assumed that the base line growth is 1.0 percent per year; • Construction of Exit 12B will start in about eight years; • In anticipation of the new interchange,developers will begin accelerating projects so that the annual growth rate increases to 1.5 percent per year starting about three years before the interchange is constructed; • The annual growth rate increases to 2.0 percent per year for approximately 8-10 years following completion,and then • The growth rate returns to 1 percent per year. This up-tick in development will be steeper at both ends in south Burlington than in Williston. The resulting trend in new non-residential floor space is shown in Figures 2 and 3,below. Figure 2:South Burlington Exit 128 Finance District Growth Assumptions South Burlington Annual Growth in Non •Residential FloorArea 60,000 - — 40,000 / \ —Non-Residential 20,000 FloorArea 1 4 7 10 13 16 19 22 25 28 31 Year 31 December 2009 Exit 12B Financing Options Study Page 14 Prepared by RSG and Michael J.Munson,PhD,FAICP -� Figure 3:Williston Exit 12B Finance District Growth Assumptions W illis ton Annual Growth in Non -Residential FloorArea 60,000 40,000 — — ' 20,000 • �------- - —Non-Residential FloorArea 0 - , I - I I 1 4 7 10 13 16 19 22 25 28 31 Year 5.2 Cash Flow Analyses The purpose of this analysis is to explore methods of allocating part of the cost of constructing the new interchange among the properties that would benefit from that interchange,and to determine how much of the total cost of that project can be supported by these levies. To do this,it was necessary to develop estimates of the annual revenues that might be generated by the various approaches. Ultimately, each of the financing approaches will be measured in terms of the amount of bonded indebtedness that could be supported by its estimated stream of revenues. Four different district-wide revenue approaches were considered: two versions of a Special Assessment District,a Tax Incremental Finance District(in South Burlington only),and Development Impact Fees. In addition, the possibility of a small surcharge on parking at the Burlington International Airport was explored. In all cases,the expenditure side of the analysis was based on a typical bond repayment schedule that assumes interest only in the first year. Bond variables typically include the bond principal,the bond term,the bond interest rate,and the year in which the bond payments begin. For this analysis,a bond term of twenty years and an interest rate of 5 percent were assumed. Thus,variations in the principal and the time between the creation of the district and the onset of bond payments were explored to determine the maximum amount of bonded indebtedness that could be supported by the revenue stream. 5.2.1 Special Assessment District: Assessment on Non-Residential Floor Area Under the Special Assessment District approach, a municipality may delineate a district or service area that includes most, if not all, of the properties that will benefit from the proposed infrastructure improvement. Then the municipality may,with approval of the voters,levy a special assessment against all property within the assessment district. A vote is not required if 100 percent of the property owners within the proposed district agree to participate. The special assessment may be based on the assessed value of the VIP Exit 12B Financing Options Study 31 December 2009 Prepared by R5G and Michael J.Munson,PhD,FAICP Page 15 property in the district or on some other measure that the municipality feels is appropriate. In this case, two measures are explored,a special assessment against all enclosed building space within the district,and a special tax assessment against the assessed value of all property in the district. Under the provisions of inter-municipal compacts,it is possible to consider a service area that extends across municipal boundaries. It would be necessary for both municipalities to agree to a compact that authorized raising money via a Special Assessment District,and then for the voters in each district to authorize the appropriate districts and assessments. South Burlington Portion The South Burlington Exit 12B Special Assessment District was assumed to include all land in the service area that is inside the City. This includes 220 parcels containing just over 1,300 acres. The total existing non-residential floor area is 1,942,460 square feet. The total assessed value of these parcels,in 2009,was $186,225,000. Developers that participated in the Advisory Committee conducted an informal survey of commercial property owners in the financing district and found that$0.05 per square foot was considered a reasonable assessment. Using the approach of levying a special assessment of$0.05 on every square foot of non-residential floor area,an annual revenue flow was estimated. Starting with the 2009 figure of 1,942,460 square feet of floor area,this approach would generate $97,123 for the first year. Assuming that a bond is issued five years after the district is established; and assuming that growth occurs as described above;the revenue flow from this special assessment could support a bond of$1,750,000 as shown graphically in Figure 4. The revenue increment increases relatively slowly,but linearly. The longer the period between the establishment of the special assessment district and the first bond payment,the larger the bond that can be retired by the revenue flow. By pushing the bond back eight years after the establishment of the district, the revenue stream will support$2,000,000 in bonded indebtedness IrIPP 31 December 2009 Exit 126 Financing Options Study Page 16 Prepared by RSG and Michael J.Munson,PhD,FAICP -� Figure 4:Cash Flow for$1,750,000 Bond from So.Burlington Exit 128 Financing District-$0.05 per Square Foot Assessment $5,000,000 $4,000 ,000 —Cumulative Revenues $3 ,000 ,000 $2 ,000 ,000 C um ulative Debt $ 1 ,000,000 -- ------- Service $0 1 4 7 10 13 16 19 22 25 28 31 Year Williston Portion The Williston Special Assessment District was assumed to include all land in the service area that is inside the Town of Williston. This includes 331 parcels containing just over 1,800 acres. The total existing non-residential floor area is 2,053,346 square feet. The total assessed value of these parcels, in 2009,was $582,109,320. Using the approach of levying a special assessment of$0.05 on every square foot of non-residential floor area, an annual revenue flow can be estimated. Starting with the 2009 figure of 2,053,346 square feet of floor area,this approach would generate $101,667 in the first year. Assuming that a bond is issued five years after the district is established; and assuming that growth occurs as described above; the revenue flow from this special assessment could support a bond of$1,750,000 as shown graphically in Figure 5. The revenue • increment increases relatively slowly, but linearly. The longer the period between the establishment of the special assessment district and the first bond payment, the larger the bond that can be retired by the revenue flow. Figure 5:Cash Flow for$1,750,000 Bond from Williston Exit 128 Financing District-$0.05 per Square Foot Assessment $5,000,0001 4000000 ' —Cumulative Revenues $3,000,000 $2,000,000 Cumulative Debt $1 ,000,000 - _ Service $0 1 4 7 10 13 16 19 22 25 28 31 Year are MExit 126 Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 17 5.2.2 Special Assessment District: Assessment on Assessed Value This approach is similar to that described above,except that the special assessment of $0.05 is applied to $100 of assessed value instead of square footage on property inside the district'. South Burlington Portion The South Burlington Special Assessment District includes all land in the service area that is inside the City. This includes 220 parcels with a total assessed value of $186,225,000. If an assessment rate of$0.05 is assumed,the initial annual revenue will be$95,325. This revenue will grow as new development takes place. It is assumed that new non-residential development will have an assessed value of$110 per square foot, and that this unit value will increase by two percent each year. By the end of the analysis period,the annual revenue will have grown to$171,134. Assuming that a bond issue was established five years after the district is established,the revenue flow from this special assessment could support a bond of$1,750,000 as shown in Figure 6. Figure 6:Cash Flow for$1,750,000 Bond from So.Burlington Exit 128 Financing District-$0.05 per$100 of Assessed Value $5,000,000 $4,000,000 ' —Cumulative Revenues $3,000,000 $2,000,000 j C um ulative D ebt $1 ,000,000 1 — — • Service 1 4 7 10 13 16 19 22 25 28 31 Year Williston Portion The Williston Special Assessment district includes 331 parcels with a total assessed value of$582,109,320. Using the same assumptions for the growth of the assessed value as described for the South Burlington portion,the annual revenue for a special assessment of$0.05 will start at$291,055 and increase to$377,432. If bond payments begin five years after the special assessment district is created,a bond of$4,500,000 can be supported as shown in Figure 7. 1 This special assessment of$0.05 would be on top of each municipality's total local tax rate for non-residential development. In 2008 (the last year for which data are available)the South Burlington total tax rate was$1.6994 and the Williston total rate was$1,6479. See Appendix C of this report for a table of tax rates in other Chittenden County municipalities. 31 December 2009 Exit 12B Financing Options Study Page 18 Prepared by RSG and Michael J.Munson,PhD,FAICP Figure 7:Cash Flow for$4,500,000 Bond from Williston Exit 12B Financing District-$0.05 per$100 of Assessed Value $12,000,000 $ 10,000,000 -_- - - $8,000,000 - - - -______ —C um ulative Revenues $6,000,000 $4,000,000 — - — — C um ulative DR Debt $2,000,000 Service 1 4 7 10 13 16 19 2 2 2 5 2 8 31 Year 5.2.3 Tax Incremental Financing District (TIF) The analysis of TIF potential begins with the assumed Exit 12B financing district. Under current statutory provisions,Williston is not allowed to use TIF revenues to fund infrastructure projects outside of the municipality or its TIF district. Thus,the TIF analysis need only be completed for the South Burlington portion of the service area. For all of the parcels included in the South Burlington portion of the service area,the current (2009) assessed value was determined from municipal tax records. The total assessed value is$186,225,000. The City's municipal tax rate is reported to be 0.3437, and the Non-residential education tax rate is reported to be 1.35571. Multiplying these tax rates by the assessed value in the service area (after first multiplying by 0.01), yields the following base estimates of annual tax revenues: 1. Municipal Tax Revenues: $64,005.53 2. Non-residential Education tax revenues: $252,465.23 The TIF concept requires that the grand list be frozen at the base level for the life of the district,that revenues generated by applying the current tax rates to that grand list continue to be used for those purposes, and that revenues generated by applying those tax rates to any increment in the grand list value due to new development be redirected as follows: 1. The entire increment in municipal tax revenues may be used to pay off bonds issued to fund the infrastructure needed to support the new development; and 2. Up to 75 percent of the increment in education revenues may be used to pay off bonds issued to fund the infrastructure needed to support the new development. At least 25 percent of the increment in education revenues must be directed to the education trust fund for education purposes. 1 See Appendix C of this report for a table of tax rates in other Chittenden County municipalities. PrIP Exit 12B Financing Options Study 31 December 2009 Aialli Prepared by RSG and Michael J.Munson,PhD,FAICP Page 19 While the above requirements represent the maximum Tax Incremental revenues that may be applied to infrastructure projects, it is understood that this represents a significant diversion of potential revenues from other municipal and education activities.To reflect this competition,this analysis assumes that only 50 percent of both the municipal and education tax revenue increment are directed to the Exit 12B project, and leaving the remaining half of the revenue increments for city and school services. In the analysis that follows,both the maximum and the assumed revenue stream will be shown. The revenue stream is estimated as follows. Starting with the total 2009 assessed value in the district annual increments in assessed value are estimated as described above for the special assessment using assessed value.The municipal and education tax rates are applied to the increment in assessed value (it is assumed that these tax rates will remain constant). The maximum annual revenue stream is based on an annual revenue equaling 100 percent of the annual increment in municipal tax revenues plus 75 percent of the annual increment in education tax revenues. The assumed annual revenue stream is based on an annual revenue equaling 50 per cent of the annual increment in municipal tax revenues plus 50 percent of the annual increment in education tax revenues. These revenue streams are then compared to the expenditure flow of various bond scenarios to begin to sense how much bonded debt could be supported by the TIF revenues. Figure 8 shows that a TIF in the South Burlington portion of the service area, using the assumed revenue stream rather than the maximum revenue stream, could support a bond of$3,000,000 if the bond payments began seven years after the establishment of the TIF district. Figure 8:Cash Flow for$3,000,000 Bond Supported by TIF in So.Burlington Exist 128 Financing District $35,000,000 ' l$30,000,000 —Assumed Cumulative � - $25,000,000 Revenues $20,000,000 — ____ -__ ___ Cumulative Debt $ 15,000,000 Service $ 10,000,000 —Max cumulative $5,000,000 1 revenues $0 1 4 7 10 13 16 19 22 25 28 31 Year 5.2.4 Development Impact Fees As authorized in 24 V.S.A., Chapter 131, municipalities may assess Development Impact Fees on new development that generates demand for expanded facilities. Both South 31 December 2009 Exit 12B Financing Options Study Page 20 Prepared by RSG and Michael J.Munson,PhD,FAICP - N Burlington and Williston currently assess municipal-wide impact fees for transportation improvement projects,but in neither case is the Exit 12B project listed as a project included in the impact fee calculations. In South Burlington, the Exit 12B project is included in the City's Capital Budget and Program, but was not included in the impact fee calculations because the timing of the project was uncertain and because it was desired to moderate the increase in the fees adopted at that time (2007). Williston also recently updated and adopted new development impact fees. In Williston, the development impact fees originally proposed (which included Exit 12 improvements) were reduced substantially before adoption in order to moderate the increase over prior fees. Because of this political reality plus the uncertainty of whether or not a municipality may levy impact fees for a project located outside of its jurisdiction, the impact fee option is explored only for the South Burlington portion of the service area. The South Burlington city-wide Transportation Impact Fee formula was examined and tentatively modified to include the full City share of the Exit 12B costs. For the purpose of this analysis, the non-federal funding requirement is assumed to be $9.5 million which is based on the single point urban interchange design and 80% federal funding (see Table 2 on page 3). This assumptions results in the base city-wide transportation impact fee increasing from $999.86 per P.M. Peak Hour Trip End to $1,844.52 per P.M. Peak Hour Trip End. This increase of$844.66 in the city-wide fee would be applied to all development in the City, not just to development in the delineated service area. Since some three quarters of the South Burlington based traffic using the new interchange is expected to start or stop inside the assumed financing district, it seemed unlikely that the City would impose this large of an increase in the city-wide impact fee for a project that serves primarily only a portion of the City. An alternative approach was to consider a district-wide impact fee that applied only to new development in the South Burlington portion of the assumed Exit 12B financing district. In this case a smaller portion of the total costs are included in the analysis, and the resultant net fee was approximately$500 per P.M. Peak Hour Trip End. This would be added to the city-wide fee that would also be paid by new development in the assumed Exit 12B financing district. For the purposes of this analysis, it is assumed that the City will impose a district-wide impact fee specifically for Exit 12B of$500 per P.M. Peak Hour Trip End. The cash flow analysis begins with the previously described growth assumptions. These annual estimates of new non-residential floor area were converted to new P.M. Peak Hour Trip Ends using an average trip rate of 2.5 P.M. Peak Hour Trip Ends per 1,000 square feet of building space. The new trip ends generated annually were then multiplied by the estimated net impact fee per trip end ($500), to yield the annual impact fee revenue. The estimated annual impact fee revenues start at just over $24,000, increase to a high in the mid $60,000 range, and then drop back to the low $30,000 range. By allowing a seven year lead time between the imposition of the fees and the onset of bond payments,this revenue stream can support a bond of$675,000. This is shown in Figure 9. Exit 126 Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 21 Figure 9:Cash Flow for$675,000 Bond Supported by Development Impact Fee in So.Burlington Exit 12B Financing District $1.400.000 $1 200_000 $1 000,000 —Cumulative Revenues $800,000 $600,000 Cumulative Debt $400,000 Service $200.000 SO 1 4 7 10 13 16 19 22 25 28 31 Year 5.2.5 Airport Parking Surcharges Discussions with airport officials indicated that the airport operates under federal regulations which limit the use of aviation related revenues to on-site efforts (revenue from tickets and fees paid by airlines for access to the facilities). As a result, aviation revenues are not available to help fund the Exit 12B project. It might, however,be possible to consider non-aviation related revenues such as surcharges on parking or on car rentals. At this time, data necessary for evaluating a surcharge on car rentals has not been obtained. Some data have been obtained relating to parking charges. Nonetheless, it is possible to estimate a potential stream of revenues based on a surcharge of$0.10 on each revenue generating parking permit issued. The airport parking facility processes, on average, 25,000 parking permits each month. Of these, 17,000 are revenue permits. Over a year,this amounts to 204,000 revenue permits. Instituting a surcharge of$0.10 on each parking permit would yield an annual revenue of$20,400. By assuming that parking customers will increase by an average of • one percent per; year, a long term stream of parking surcharge revenues can be generated. Using the same procedures described for the other financing techniques,it was determined that this revenue stream could support a total of$375,000 in bonded indebtedness. A higher surcharge could support a proportionately higher level of bonded indebtedness. The Burlington International Airport Commission has the authority to impose such a fee without any additional (or prior) approval from the City Council, Public Works Commission, etc. The Airport Commission is an independent entity that acts with the advice and consent of commissioners' respective elected bodies (Burlington and So. Burlington). In a recent, the airport commission voted in December 2009 to raise parking fees (along with other related fees) in the next couple of months. This action required no input or approval from any other municipal council, board or commission. 31 December 2009 Exit 126 Financing Options Study M4d Page 22 Prepared by RSG and Michael J.Munson,PhD,FAICP -� 5.2.6 Cash Flow Analysis Summary and Conclusions All of the analyses described above were based on an assumed growth scenario that seems reasonable at this time. The Special Assessment District analyses were based on a relatively modest assessment rate. The Tax Incremental Financing analysis assumes that only a portion of the maximum potential revenues would be diverted to support the Exit 12B project. The Development Impact Fee analysis included a fairly complete derivation of appropriate impact fees. The parking surcharge is base on current levels of parking activity. In all cases, the analysis determined the maximum amount of bonded indebtedness that could be supported by the estimated revenue streams. The results described above are summarized in Table 3. Table 3:Maximum Bonded Indebtedness Supported by Various Financing Approaches Financing District Approach South Burlington Williston Special Assessment District' - — $1,750,000 $1,750,000 ($0.05 per s.f of Floor Area) Special Assessment District' $1,750,000 $4,500,000 ($0.05 per$100 of Assessed Value) T.I.F.District2 $3,000,000 Not Applicable Impact Fees3 $675,000 Not Applicable ($500 per P.M.Peak Hour Trip End) Airport Parking Surcharge ) $375,000 Not Applicable ($0.10 on each parking permit 1.Support from the Town of Williston for a special assessment dedicated to Exit 1213 tax is unlikely. 2.South Burlington intends to establish a TIF district for the City Center project.Only one TIF district is permitted per municipality.Therefore,TIF is not a viable option for Exit 12B. 3.Has potential to double charge developers if used in combination with special assessment tax. 5.2.7 Municipal Review A meeting was held with representatives of the two municipalities to illustrate the findings presented above and to assess their responses to the various financing approaches. In general,both municipalities noted that they already used impact fees for transportation improvements and were unlikely to impose additional fees on development in their portions of the service areas. South Burlington also indicated that, since the State allows only one Tax Incremental Financing District per municipality, the City would prefer to use that to support its City Center development plans. Williston officials also pointed out that there are transportation needs in their Town that may be suitable for funding via a Special Assessment District made up of a part of the Exit 12B service area, and that it may not be practicable for the Town to do both. The bottom line is that only the Special Assessment District based on the South Burlington portion of the assumed financing district (see Figure 1 page 11) is the only municipal mechanism that seems to have any realistic chance of being applied. A discussion of local property owners indicated a clear preference for the Special Assessment District based on non- residential floor area since it would not apply to undeveloped land that was not producing revenues. Exit 126 Financing Options Study 31 December 2009 -A.. Prepared by RSG and Michael J.Munson,PhD,FAICP Page 23 5.2.8 Special Assessment Sensitivity Analysis As noted in the proceeding section, a Special Assessment district within South Burlington is the one financing option that may be acceptable at the local level.The analysis of the potential revenue that could be generated by a Special Assessment tax assumes that the tax would be established at$0.05 per square foot (See Section 4.1). With a$0.05 tax,the South Burlington portion of the financing district would support a bond of$1.75 million. However,the non-federal share of the Exit 12B project maybe as much as $9.5 million. A final iteration of the analysis therefore,was to assume that it was necessary to support a bond sufficient for$9.5 million of the non-federal share of the project costs through a special assessment on the South Burlington portion of the financing, and to estimate the level of assessment that would be required. Assuming a lag of five years between the establishment of the district and the onset of debt service payments,the required assessment would be$0.28 per square foot. If the bond were deferred until eight years after the district begins accumulating revenues,the required assessment rate would be$0.24 per square foot of building space. 6.0 CASE STUDIES The analyses of the various scenarios have focused on aggregate revenue streams for the respective portions of the financing districts and the amount of bonded indebtedness those streams could support. To make it more apparent what the various scenarios might mean to individual properties,the special assessment rates have been applied to two sample properties within the South Burlington Exit 12B financing district based on information provided by Pizzagalli Properties. One is a property that is currently developed, and one is not yet developed. Each of these properties was run through the cash flow models described above. Table 4 presents the results for the undeveloped parcel case study. The parcel area is 15.07 acres and is currently assessed at$580,000. The build-out of 58,000 square feet is assumed to occur in year 7.The total assessed value of the new building was estimated based on$110 per square foot in year 1,increasing at an annual rate of 2 percent to year 7, resulting in a unit value of$121 per square foot in year 7. 31 December 2009 Exit 12B Financing Options Study Page 24 Prepared by RSG and Michael J.Munson,PhD,FAICP -� Table 4:Case Study A-Undeveloped Parcel Case Study Special Assessment District with an assessment of$0.05 per square foot(supports$1.75 million bond) Annual payments during years 1 through 6: $ - Annual payments during years 7 through 33: $ 2,900 Cumulative payments over 33 years $ 78,300 Special Assessment District with an assessment of$0.24 per square foot(supports$9.5 million bond) Annual payments during years 1 through 6: ' $ - Annual payments during years 7 through 33: { $ 13,920 Cumulative payments over 33 years $ 375,840 Special Assessment District with assessment of$0.05 per$100 of assessed value(Supports$1.75 million bond). Annual payments during years 1 through 6: $ 290 Annual payments during years 7 through 33: $ 3,522 Cumulative payments over 33 years $ 122,786 Development Impact Fee based on 2.5 trips per 1,000 sf,and$500 fee per trip(Supports$0.675 million bond). Annual payments during years 1 through 6: $One time payment in year 7 $ 72,500 Annual payments during years 7 through 33: $ Cumulative payments over 33 years _ $ 72,500 Developers on the Advisory Committee were concerned that any type of special assessment would make a property they own in South Burlington less competitive with properties in surrounding communities. Table 5 shows how the special assessment options would impact annual property taxes once the parcel is developed.The equivalent tax rate combines the baseline and special assessment tax into one overall tax rate per$100 of assessed value that can then be compared with the non-residential tax rates in surrounding communities presented Table 6. Table 5:Estimated Impact on Annual Property Tax for Case Study A after Development Occurs Annual Impact of Baseline Total Property Percent EquivalentTax Rate Financing Scenario Financing Scenario Property Tax' Tax Increase (Per$100 of Assessed Value) Special Assessment of$0.05 per sf $2,900 $119,706 $122,606 2% 1.7406 (Supports$1.75 million bond) Special Assessment of$0.24 per sf $13,920 $119,706 $133,626 12% 1.8970 (Supports$9.5 million bond) Special Assessment of$0.05 per$100 Assessed Value(Supports$1.75 million $3,522 $119,706 $123,228 3% 1.7494 bond) 1.(S.Burlington Non Residential Tax Rate=1.6994/$100 assessed value)x(Assessed Value of 58,000 sf case study building=58,000 sf x$121/sf) Exit 126 Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 25 Table 6:Non-Residential Tax Rates in Surrounding Municipalities Non-Residential Tax Municipality Rate(Per$100 of Assessed Value) Burlington 2.1264 Colchester 2.5958 Essex Town 1.7304 Williston 1.6479 Table 7 presents the results for the developed parcel case study.The parcel is 4.52 acres and containing a 30,000 square foot building. The assessed value is $3,217,400. Table 8 shows the impact on annual property taxes. Table 7:Case Study B-Developed Parcel Case Study Special Assessment District with an assessment of$0.05 per square foot(supports$1.75 million bond) Annual payments during years 1 through 33: $ 1,500 Cumulative payments over 33 years I $ 49,500 Special Assessment District with an assessment of$0.24 per square foot(supports$9.5 million bond) Annual payments during years 1 through 33: $ 7,200 Cumulative payments over 33 years $ 237,600 Special Assessment District with assessment of$0.05 per$100 of assessed value(Supports$1.75 million bond). Annual payments during years 1 through 33: $ 1,609 Cumulative payments over 33 years 1 $ 53,087 Development Impact Fee based on 2.5 trips per 1,000 sf,and$500 fee per trip.Existing development not subject to impact fees unless it expands. One time payment in year 7 $ - Annual payments during years 7 through 33: $ - Cumulative payments over 33 years $ - Table 8:Estimated Impact on Annual Property Tax for Case Study B Annual Impact of Baseline Total Property Percent EquivalentTax Rate Financing Scenario Financing Scenario Property Tax' Tax Increase Per$100 of Assessed Value) Special Assessment of$0.05 per sf $1,500 $54,676 $56,176 3% 1.7460 (Supports$1.75 million bond) Special Assessment of$0.24 per sf $7,200 $54,676 $61,876 13% 1.9232 (Supports$9.5 million bond) Special Assessment of$0.05 per$100 Assessed Value(Supports$1.75 million $1,609 $54,676 $56,285 3% 1.7494 bond) 1.(S.Burlington Non Residential Tax Rate=1.6994/$100 assessed value)x(Assessed Value of 30,000 sf case study building is$3,217,400 from tax records) Since the two case studies are of different sizes and contain differing amounts of development, it is not appropriate to compare the fees estimated for one parcel with those estimated for the other. It may, however,be useful to compare the estimated fee 31 December 2009 Exit 126 Financing Options Study1144 Page 26 Prepared by RSG and Michael J.Munson,PhD,FAICP &Ai\ on one parcel under one scenario with the estimated fee on the same parcel under another scenario. It may also be useful to use these examples as a sort of reality test as to how palatable any of the scenarios might be to property owners. The case studies are presented to help the developers on the Advisory Committee think about how the financing scenarios may affect their specific properties.The financial impacts will vary significantly based on the building size,assessed value and development timing for a specific property. However,the case studies suggest that the $0.05 special assessment tax based either on square footage or assessed value has a relatively minor impact. Relative to property taxes, commercial properties within the South Burlington Exit 12B financing district would continue to be less competitive with properties in Williston, comparable to properties in Essex and much more competitive than properties in Colchester and Burlington. If the entire non-federal share of the project cost(up to $9.5 million) is covered with a special assessment tax, the impact on annual property taxes would be significant. Properties within the South Burlington Exit 12B financing district would be at a noticeable competitive cost disadvantage to properties in Williston and Essex Town. However, even with an effective increase in property taxes of about 12%, properties within the South Burlington Exit 12B financing district would continue to have lower property taxes than similar commercial properties in Colchester and Burlington. 7.0 SUMMARY AND CONCLUSIONS The purpose of this study is to explore possible innovative financing options for the construction of a proposed new interchange between I-89 and VT 116 in the City of South Burlington, VT (referred to as Exit 12B). This report provides background information on the proposed Exit 12B project and its costs, describes the national transportation funding context, describes several local mechanisms that could be used to fund a portion of the project and estimates their potential contribution towards its costs, and presents case studies to show how the most likely funding mechanisms could affect specific properties. The total estimated project cost ranges from $33.4 for a modified diamond to $47.5 million for single point urban interchange, not including right-of-way acquisition. Under current law, federal funds may be used for 80% to 90% of these costs.The minimum non-federal match requirement ranges from a low of$3.3 million to a high of$9.5 million, depending on the design selected and the availability of 80%or 90% federal funds. The funding mechanisms with potential to generate a revenue stream include Special Assessment Tax Districts (based on square footage or assessed value),Tax Incremental Financing District, Development Impact Fees, and fees at the Burlington International Airport for parking. Table 9 presents a summary of the bonds that could be supported using revenues generated by these funding mechanisms. Exit 12B Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 27 Table 9:Bond Amount Supported by Different Funding Mechanisms Financing District Financing Approach South Burlington Williston Special Assessment District' $1,750,000 $1,750,000 ($0.05 per s.f of Floor Area) Special Assessment District' $1,750,000 $4,500,000 ($0.05 per$100 of Assessed Value) T.I.F.District2 $3,000,000 Not Applicable Impact Fees3 $675,000 Not Applicable ($500 per P.M_Peak Hour Trip End) Airport Parking Surcharge $375,000 Not Applicable ($0.10 on each parking permit) 1.Support from the Town of Williston for a special assessment dedicated to Exit 12B tax is unlikely. 2.South Burlington intends to establish a TIF district for the City Center project.Only one TIF district is permitted per municipality.Therefore,TIF is not a viable option for Exit 12B. 3.Has potential to double charge developers if used in combination with special assessment tax. The most likely sources of local revenues are the Special Assessment Tax limited to the South Burlington portion of the Exit 12B financing district and airport surcharges. A multi-jurisdictional special assessment district is allowed under state law and has the potential to generate the largest amount of revenue. However,based on conversations with Town officials, it is unlikely that Williston will support an Exit 12B special assessment district because of competing needs within its own borders. In addition, current state statutes would not allow revenues generated by a TIF district or development impact fees to be allocated for projects outside of a municipality. Therefore, revenue generated in Williston by these means would not be available for Exit 12B. In South Burlington,the TIF option is not available as a stand alone approach to fund Exit 12B.South Burlington officials are reserving their one option to establish a TIF district to support infrastructure needs for the City Center project. It is possible that the City Center TIF district could include Exit 12B along with other related infrastructure. Estimating the revenue that could be generated for Exit 12B in that scenario is beyond the scope of work for this study. Presumably,the potential revenue would be less than the $3,000,000 estimated for an Exit 12B specific TIF district. The development impact fee may also be acceptable. However,development impact fees and the special assessment tax should not be combined because of the potential of assessing developers twice for Exit 12B. In order to fund the potential maximum non-federal match of$9.5 million,the special assessment tax would need to be approximately$0.24 per square foot on non- residential buildings within the assumed South Burlington Exit 12B financing district. This assessment would increase property taxes by about 13%on commercial property within the financing district and would make commercial properties in South Burlington noticeably less competitive with properties in Williston and Essex. Developers that participated in the Advisory Committee conducted an informal survey of commercial property owners in the assumed financing district and found that$0.05 31 December 2009 Exit 126 Financing Options Study Page 28 Prepared by RSG and Michael J.Munson,PhD,FAICP -A\ per square foot was considered a reasonable assessment.A$0.05 per square foot assessment would increase total property taxes in the South Burlington Exit 12B financing district by about 3% and would have little or no impact on the competitiveness of properties outside of the financing district. A special assessment tax rate of$0.05 per square foot in combination with a surcharge on parking at the Burlington International Airport could contribute approximately$2.1 million towards the cost of constructing Exit 12B. The balance of funds required will depend on the final design selected for the interchange and whether 80% or 90% federal funds would be available for the project. Table 10 presents a funding plan that accounts for these variables. It assumes that any gap in the non-federal match will be covered using the funds from the State's highway trust fund (although there are no guarantees that those funds will be available). Table 10:Exit 128 Funding Source Options 80% Federal Funding Scenario Modified Single Point Urban Funding Source Diamond Interchange 80%Federal $ 26,667,520 $ 37,969,971 Exit 12B Special Assessment $ 1,750,000 $ 1,750,000 Airport Parking Surcharge $ 375,000 $ 375,000 State Highway Trust Fund $ 4,541,880 $ 7,367,493 Total $ 33,334,400 $ 47,462,464 90% Federal Funding Scenario Modified Single Point Urban Funding Source Diamond Interchange 90%Federal $ 30,000,960 $ 42,716,218 Exit 12B Special Assessment $ 1,750,000 $ 1,750,000 Airport Parking Surcharge $ 375,000 $ 375,000 State Highway Trust Fund $ 1,208,440 $ 2,621,246 Total $ 33,334,400 $ 47,462,464 Note: Project cost estimates may change as a result of the EIS process. This study presents the revenue that could potentially be generated by a variety of locally initiated funding mechanisms. The most viable options appear to be the Special Assessment District and surcharges at the Airport. Both options will require local approval. In order to establish a special assessment district, the South Burlington City Council will need to (1) decide that it supports the concept and (2) seek approval by a majority of the voters of the municipality.The special assessment district could also be established if the owners of all property located in the proposed district agree to the special assessment; a much less likely scenario. Fees at the airport must be approved by the Airport Commission. Exit 128 Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 29 This page left intentionally blank. 114d31 December 2009 Exit 128 Financing Options Study Page 30 Prepared by RSG and Michael J.Munson,PhD,FAICP -M APPENDIX A: ADVISORY COMMITTEE MEMBERS First Name Last Name Organization Amy Bell VTrans Michele Boomhower CCMPO Bob Bouchard Pizzagalli Paul Conner City of S.Burlington Christine Forde CCMPO Denis Gravelin S.Burlington Chuck Hafter S.Burlington John thick Technology Park Christopher Jolly FHWA Heather Kendrew BIA Evan Langfelt Technology Park Bob McEwing BIA Jeff Nick JL Davis Realty Stephanie O'Brien O'Brien Brothers Agency Brian Searles BIA John Zicconi VTrans In addition to members listed above, meetings were held throughout the process with the Town of Williston Manager and Planning Director.to brief them on the project and obtain input with regards to components of the project which might impact the Town of Williston and its tax payers. NV4 Exit 12B Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 31 This page left intentionally blank. 31 December 2009 Exit 128 Financing Options Study04111 Page 32 Prepared by RSG and Michael J.Munson,PhD,FAICP &Ali\ APPENDIX B: DEVELOPMENT ASSUMPTIONS TAZ S.Burlington Project Description- from Dorset St Corridor Project Housing Employment I Commercial Total Square Total More Notes-base data from Dorset St Project and I or updated late October 2007 as by'10 by'15 Total HU Breakdown/notes Feel by'10 by'15 Employment noted 113 O'Brien Residential Development 110 110 220 0 114 Piezigalli Tilley Drive Office Park All office Med-Low 350,000 290 345 635 discussion with Bob Bouchard,Pizzagalli Properties,10/07,includes 2 bldgs built,1 near completion.Employment scaled 350/210 for add'I s.f,added.Assume 1/4 by'10 and done by 15 117 Gregory Drive Commercial 0 0 0 Light Industrial 18,700 18,700 0 34 Per J.B.Hinds June 5,2006 phone call One vacant parcel aprox building size=110X170 121 Technology Park 300 KSF office,55 Metl-Low 355,000 161 484 645 s f.verified by Abby Lisius,Trudell CE 11/1/07,includes 1 bldg just completed(72k),1 KSF light industrial under constr.(54.5k)assume 1/4 by 10,3/4 by 15 Totals 220 723,700 1,314 TAZ S.Burlinnton Assumptions from Office SF Retell SF Total Source the Clrc Highway by'10 by'15 Total HU by'10 by'15 Employment 113 Snyder Lancaster 70 70 Completed 2006 116 LISP,Inc. 69050 Med-Low 173 173 Completed 2006 131 Avalanche Development 8900 Med-Low 22 22 City Planning Dept.4/06 131 Gravelin 10000 Med-Low 25 25 City Planning Sept.4/06 TAZ other South Burlington Projects, Percent Enplanemnt Notes from US2 Corridor Study Growth 2000-2030 Total by'10 by 15 Employment 86 Burlington Into I Airport(BTV) 96% See BIA worksheet-Trip gen based on ALP projected enplanemenl growth 108 BTV South Development 600 600 See BIA worksheet-S Development Master Planning assumptions TAZ Williston projects by'10 by'15 Total HU Hotel Rooms Commercial I Employment Notes I descriptions Total All projects updated 10-26-07 w/data provided by Lee Nellis/Town Planner (sq feet) by 10 by'15 Employment 181 Industrial/Commercial Low 15,000 25 25 commercial-industrial.Flexible building(Munson) 183 Industrial/Commercial Low 100,000 167 167 Induslnal(Robearge) 191 Industrial/Commercial Low 40,000 67 67 Commerical/Industrial(site 6 on may) 195 Industrial/Commercial Low 40,000 67 67 Industrial(site 5 on may) 180 condos/Townhouses 356 356 _ residential/Finney Crossing 180 Specially Retail Med-High 25,000 50 50 retail/Finney Crossing 180 General Office Med-Low 25,000 • 83 83 non-retail commercial/Finney Crossing 164 Block between Shunpike Road and Parcel is about 50 acreas.There is about 50 acres between Marshall,Brownell,and US 2 next to Muddy Brook Shunpike that has approx 170 ksf light commercial.I am assuming this parcel will develop 110,000 in a similar manner 185 Hamlet by Village Association- 110 110 Zephyr Drive - 186 General Office Mad-Low 50,000 167 167 office/Blair Park 188 Drug Store Med-High 30,000 60 60 retail/Judge(North)/drug store 188 condos/Townhouses 60 50 110 - Village Associates 193 Drug Store Med-High 10,000 20 20 retail/Jeff Davis Expansion,north side/Drug Store 193 Restaurant High 7,000 23 23 restaurant.High-turnover sit down.Texas Roadhouse 197 General Office Med-Low 10,000 33 33 office/MTP 197 Specially Retail Med-High 10,000 20 20 retail/MTP 197 condos/Townhouses 123 123 - residential/Senacal development 197 General Office Med-Low 81.000 270 270 Office/Seneca' 197 condos/Townhouses 50 50 - Lapierre/78 acres of land,very wet.Maybe 30 acres to develop 198 Restaurant Med-High 5.000 17 17 restaurant/Jeff Davis 199 condos/Townhouses 50 50 _ residential/Davis transfer of commercial to residential 199 Retail/Commercial store Med-High 130,000 433 433 Retail-stand alone store 202 General Office Med-Low 40,000 133 133 General Office/Jeff Davis 202 Specially Retail Med-High 20,000 40 40 retail/Jeff Davis Expansion 205 General Office Med-Low 70,000 233 233 single use office complex(Oimonda R&D facility) 202 condos/Townhouses 100 100 - Davis residential 202 Hotel 200 Hotel 200 200 Hotel Exit 128 Financing Options Study 31 December 2009 Prepared by RSG and Michael J.Munson,PhD,FAICP Page 33 -� v :c 'Ititt, 14 '-' __,,- . (� »?? J226 f di 217 nokA.' 44 •89 ®,,,, ....3 / Itipti, eV pi, iiii * • . I. .I tti, i ‘ 168 165/ .7 ,e.., 1 1620,6-11r$ - .;._,„,....... Si out. ft, 4\111ruilliVo litirlif ., —"I 169191V-4 T3 . \ . 10= � .fflipi, ipir ply% 04 V105 .,,,,t,„ 4 �U,1 : :.7 120 � t 1, ,�`-1�aUMW:Il 003 3 2 7 1 8 0 e41111 127 la Ilair y ' . -""•••••.............„., iii: 4101r44,1 di‘v, kit,. .,„ . ,. 1 . .—� 2m� 013sl*. -__ ' t 111 143 " / ( 06 1201„....., r I 149 150 20$ Legend CCMPO Model e o.5 Transportation Analysis Zones a R S Q... I Miles o TAZ Boundary I I Potential Exd 12B Financing 0 strict Exit 12B Financing Plan November 17,2009 31 December 2009 Exit 12B Financing Options Study Page 34 Prepared by RSG and Michael J.Munson,PhD,FAICP APPENDIX C: PROPERTY TAXES FOR CHITTENDEN COUNTY MUNICIPALITIES TABLE A-1 SUMMARY OF LOCAL TAX RATES IN CHITTENDEN COUNTY Homestead Non-Residential Municipal Total . Municipality Education..Tax Education Tax Tax Non-Residential Tax Bolton 1.2454 1.3325 0.5407 1.8732 Buels Gore 0.7387 1.1547 0.5 1.6547 Burlington 1.1094 1.4564 0.67 2.1264 Charlotte 1.2535 1.2489 0.1863 1.4352 Colchester 1.5651 1.8628 0.733 2.5958 Essex Town 1.3571 1.3292 0.4012 1.7304 Essex Junction 1.3233 1.3297 0.3212 1.6509 Hinesburg 1.3477 1.3339 0.4482 1.7821 Huntington 1.3079 1.415 0.6792 2.0942 Jericho(Central School) 1.2382 1.3736 0.4513 1.8249 Jericho(ID School) 1.2329 1.3701 0.4513 1.8214 Milton 1.1105 1.2886 0.3938 1.6824 Richmond 1.1438 1.3062 0.5098 1.816 St.George 1.8486 2.1451 0.3172 2.4623 Shelburne 1.159 1.2207 0.3222 1.5429 South Burlington 1.3547 1.3557 0.3437 1.6994 Underhill(Central School) 1.201 1.3369 0.4379 1.7748 Underhill(ID School) 1.2097 1.3443 0.4379 1.7822 Westford 1.6169 1.8398 0.6167 2.4565 Williston 1.3274 1.4479 0.2 1.6479 Winooski 1.1086 1.3002 0.79 2.0902 1:4,4 Exit 12B Financing Options Study 31 December 2009 -� Prepared by RSG and Michael J.Munson,PhD,FAICP Page 35 This page left intentionally blank. 31 December 2009 Exit 126 Financing Options Study Page 36 Prepared by RSG and Michael J.Munson,PhD,FAICP -� Resolution to Support the CCMPO Blue Ribbon Commission on Innovative Finance Recommendations of June 17, 2009 WHEREAS,the efficiency of the nation's transportation infrastructure is threatened by increasing demand for transportation services, and revenue from traditional funding mechanisms may be unable to keep pace; and WHEREAS, revenues to support the Highway Trust Fund the major source of federal highway and transit funding are eroding,with recent estimates forecasting a negative balance of more than $14 billion by the end of fiscal year 2012; and WHEREAS, historically the Chittenden County Metropolitan Planning Organization has identified that the funding needed to address deferred transportation system maintenance and future transportation system improvements in the regional is greater than the availability of funding; and WHEREAS, the sustainability of matching funds for state and federally funded transportation projects is of critical importance to the ability of the region to maintain the existing system and expeditiously advance improvements to the system; and WHEREAS,recent analyses conducted as part of the VTrans Long Range Transportation Business Plan suggests that, over a 20 year period, Vermont's transportation revenue shortfall may be $4.2 billion if the needs grow at 2 percent inflation rate, and$8.7 billion if needs grow at 5 percent inflation rate; and WHEREAS,prudent planning mandates that steps be taken to responsibly fund future transportation projects and programs; and WHEREAS, nationally, there are a variety of innovative or alternative transportation financing mechanism being increasingly employed by states, localities, and transportation authorities; and WHEREAS, "Innovative Finance" for transportation projects and programs is a broadly defined term that encompasses a combination of techniques and specially designed mechanisms that supplement traditional financing sources and methods; and WHEREAS, the Chittenden County Metropolitan Planning Organization(CCMPO) commissioned a Blue Ribbon Commission on Innovative Finance to identify and make recommendations for viable Innovative Finance strategies to advance regional transportation needs, NOW THEREFORE BE IT RESOLVED that: We the undersigned party support the CCMPO Blue Ribbon Commission on Innovative Finance Recommendations of June 17, 2009 in order to address the increasing need for transportation services in Chittenden County and the sustainable matching of funding from state and federal sources to meet those needs. Adopted this day of , 2010 by: City of South Burlington Municipal Body Mark L. Boucher, Council Chair Date • 1-89 Urban Transportation Improvements, October 2003. This study analyzed several potential improvements to the I-89 corridor between Exits 12 and 15, including the Exit 12B interchange. View the Report: http://www.ccmpo.info/library/I89/index.php?rept=1 • 1-89 Exit 12B Alignment Study, July, 2009. This study examined the potential future traffic condition and potential optimal roadway alignments of this interchange. View the Report: http://www.ccmpo.us/library/scoping/Exitl2B alignment study/ 4. How is the current process different from the work done previously? In October 2009, the CCMPO began a process to determine if the Federal Highway Administration (FHWA) will allow the region to move forward to study a potential new Interstate interchange. FHWA's approval of any new access point to the Interstate must be supported by substantiated information justifying and documenting that decision. To offer maximum flexibility, a proposed change in access can be submitted to FHWA for a determination of"Engineering and Operational Acceptability"prior to the completion of the required Environmental Impact Study(EIS). It is important to note that the new access can not be approved until completion of the EIS. The approval process is based primarily on traffic operational and safety issues, and also includes some local and regional planning and policy requirements. This work will potentially allow for an EIS to be undertaken, with the new interchange as a possible alternative. It is worthwhile to seek FHWA's preliminary access approval of Exit 12B prior to the EIS. FHWA's preliminary approval will ensure that Exit 12B is a viable alternative that should be evaluated in the EIS. 5. What is an EIS? The Federal Highway Administration(FHWA)requires that an Environmental Impact Statement (EIS)be undertaken for projects that"significantly affect the quality of the human environment." The EIS is a highly-structured, detailed process that provides a description of the area, the purpose and need for the study, an analysis of reasonable alternatives, the affected environment, and an analysis of the anticipated beneficial and adverse environmental effects of the alternatives. The EIS has substantial public involvement requirements and there will be plenty of opportunity for the public to be heard. It is worthwhile to seek FHWA's preliminary access approval prior to the EIS so that 12B can be studied as an alternative in the EIS. However, the FHWA will not grant a new Interstate access until an EIS is completed and a"Record of Decision"is issued by FHWA. If the CCMPO is able to proceed, an EIS could begin between the fall of 2010 and the spring 2011. It is expected this process will be completed in three to five years. Having a completed EIS gives the VTrans the authority to begin right-of-way acquisition, apply for local, state, and federal permits, and begin final design; these processes typically last 1-3 years. Additional information on the EIS process can be found at: http://www.environment.fhwa.dot.gov/projdev/docueis.asp 6. How can I follow the progress of the current process and future efforts? The current process will continue through April, 2010. Information is constantly updated at the CCMPO's website,www.ccmpo.org. For further information you may contact the CCMPO Executive Director, Michele Boomhower at 802.660.4071 x15 or mboomhower(ciccmpo.org. Communities working together to (1111°F + Meet Chittenden County's transportation needs CHITTENDEN COUNTY METROPOLITAN PLANNING ORGANIZATION • CMPO 110 West Canal Street,Suite 202,Winooski Vermont 05404-2109 `, ', 0 (802)660-4071 /(802)660-4079 Fax www.ccmpo.org/info@ccmpo.org Interstate Exit 12B Access Study Fact Sheet 1. What is Exit 12B? The Chittenden County Metropolitan Planning Organization(CCMPO), in association with the City of South Burlington and the Vermont Agency of Transportation (VTrans), is evaluating the feasibility of locating a new interchange on Interstate 89 at VT 116, Hinesburg Road in South Burlington. N 1 To the north, Exit 12B would primarily serve --,i ` a I the core South Burlington City area(including w- cry IL,.„ t N the planned City Center development) and to ENTER �� the northeast the Burlington International . EXIT 128- e Airport and Vermont Air and Army National to SITE a y Guard facilities. To the south, the service area "' , includes the well populated and growing t , WILLISTON Southeast Quadrant of South Burlington and _. GROWTH„, CENTER beyond that- the Towns of Shelburne, Charlotte, St. George, Hinesburg, and northern TO Addison County. HSBURG 2.Why do we need a new Interchange? A recent study outlined the need for Exit 12B: • Traffic levels along US 2, particularly at Exit 14 and Dorset Street, have reached capacity during peak times. Numerous safety and congestion issues have also been identified in this corridor, particularly at Exits 12 and 14. • Congestion limits access to the Air/Army National Guard Facilities, the Burlington International Airport, and the proposed City Center. • The region will experience increases in housing units, employment, commercial activity and airport trips, thereby compounding congestion and safety concerns. 3.What has been done to date for Exit 12B? Exit 12B has been under discussion for many years. Three recent studies include: • I-89/Hinesburg Road Northbound Off-Ramp, August 1996. This study estimated the potential traffic and necessary geometric alignment of an alternate northbound off-ramp well south (east) of Hinesburg Road which would tie into Tilley Drive on the Pizzagalli subdivision. View the Report: http://www.ccmpo.us/library/scoping/I89 HbrgRd off ramp 1996.pdf ARM Split PLANNING & ZONING MEMORANDUM TO: South Burlington City Council & City Manager FROM: Paul Conner, Director of Planning & Zoning Ray Belair, Administrative Officer DATE: February 1, 2010 SUBJECT: South Burlington Sign Task Force Findings Last summer, as you know, a provision of the City's Sign Ordinance eliminating the grandfathering of non-conforming signs took effect after a seven-year grace period. The results of this provision have been positive, with many of the City's non-conforming signs having been adjusted, moved, replaced or removed over the past year. In September, following the receipt of a handful of requests from property owners to consider amendments to specific provisions of the Ordinance, the Council requested that staff pull together a temporary task force to examine these issues. Their findings are discussed below. The sign task force was comprised of group of people with a wide range of backgrounds and perspectives. Members included: • Steve Ploesser, Pomerleau Real Estate • Jessica Clark, South Burlington • Bob McDougall, Napoli Group Planning Commission (McDonalds restaurants) • Michael Terricone, South Burlington • Steve Rowe, M.T. Bellies Design Review Committee • John Floyd, Design Signs • Paul Conner, Staff • Ray Denault, Twin State Signs • Ray Belair, Staff • Randall Kay, South Burlington Planning Commission Findings of the Task Force: The Task Force reviewed a list of issues related to the sign ordinance, and in some cases have recommended amendments. For each of the items described below, the task force held a discussion, and the recommendation represents the majority opinion (though not always the consensus). 1 A final note: In addition to the items below, the task force also considered a small handful of amendments to the regulations that would further restrict properties in the use of signs. As these types of amendments were not part of the task force's requested scope of work, they have been left out of this report. Item #1. Historic signs The task force recommends that any sign that receives designation from the Vermont Division for Historic Preservation or National Register of Historic Places as "historic" be permitted to stay and be normally maintained regardless of whether they meet current standards for height, location, size, materials, etc. Any alterations to the sign that cause it to lose its historic designation would no longer be grandfathered. We are aware of two (2) properties in the city that have received historic designationr their signs: Al's French Frys and the Swiss Host Hotel. The proposed language reads as follows: SECTION 23: EXEMPTIONS (s) Signs designated as "historic" by the Vermont Division for Historic Preservation (or its successor) or the National Register of Historic Places. Alternations to such signs shall only be permitted if the entire sign becomes compliant with these regulations or if the proposed alterations are approved as remaining "historic" by the above-named bodies. Item #2. Free-standing signs: 5' setback from the city right-of-way The task force studied this item in detail. Primarily at issue were the circumstances where the City's right-of-way extends beyond the current sidewalk. The final recommendation addresses two different situations: a) Where the city right-of-way is wider than the edge of an existing sidewalk or recreation path, a sign could be placed as close as one (1) foot from the right-of- way so long as it is at least five (5) feet from this sidewalk/rec path. Where no sidewalk or recreation path exists, it would allow a sign to be as close as one (1) foot from the edge of the right away so long as it is at least fifteen (15) feet from the roadway limit. b) Where the city right-of way is at the edge of an existing sidewalk or right-of-way, the task force recommended maintaining the minimum five (5) foot setback from the ROW. 2 Properties affected by this change would primarily be located along Patchen Road, Allen Road, Airport Parkway, and Swift Street, however the proposed language would address any other similar circumstances. The proposed language reads as follows: SECTION 3. DEFINITIONS "Traveled way" as used in this Ordinance shall mean the paved or otherwise surfaced area of a public street or road intended for use by vehicular traffic, including aprons, shoulders, and curbing, but not including a sidewalk or recreation path. SECTION 9. FREE-STANDING SIGNS (c) Sign Location. No part of a free-standing sign shall be placed in such manner as to visually obstruct traffic. L1 No part of a free-standing sign which is forty(40) square feet or less in size shall be placed closer than five (5)feet to any property line, subject to the following: (i) Public sidewalk oVecreation path exists in public right-of-way: (A) Where the outer edge of the public right-of-way is less than five (5) feet from the outer edge of the public sidewalk or recreation path, no part of a free-standing sign shall be placed closer than five (5) feet from the outer edge of the public sidewalk or recreation path. (B) Where the outer edge of the public right-of-way is five (5) feet or more from the outer edge of the public sidewalk or recreation path, no part of a free-standing sign shall be placed closer than one (1) foot from the right-of-way. (ii) No public sidewalk or recreation path exists in public right-of-way: (A) Where the outer edge of the public right-of-way is less than eleven (11) feet from the outer edge of the traveled way, no part of a free-standing sign shall be placed closer than five (5)feet from the right-of-way. (B) Where the outer edge of the public right-way is eleven (11) feet or more, but less than fifteen (15)feet from the outer edge of the traveled way, no part of a free-standing sign shall be placed closer than sixteen (16) feet from the outer edge of the traveled way. (C) Where the outer edge of the public right-of-way is fifteen (15) feet or more from the outer edge of the traveled way, no part of a free-standing sign shall be placed closer than one (1)foot from the right-of-way. j} No part of a free-standing sign which is larger than forty(40)square feet in size shall be placed closer than twenty(20)feet to any property line. 3 Item #3. Directional signs on a property The task force recommended an amendment to the directional signs section to provide greater flexibility for large properties to install more and larger directional signs, up to a maximum of eight (8) signs on a large property. The current limit is three (3). Several businesses of large properties have expressed concern that the current limit creates confusion for customers. The task force recommended language that would allow more directional signs on these properties, and for some of these signs to be larger than the allotted 3 square feet. Properties affected by this change would include several hotels, as well as large businesses such as Lane Press and others. The proposed language reads as follows: SECTION 3. DEFINITIONS (m) "Directional Sign" as used in this Ordinance shall mean a sign not exceeding three (3) (6) inches in height designed to direct and inform the public as to the location of exits, entrances, service areas, loading and unloading areas, and designated parking spaces or areas, or similar wording of an informational nature. SECTION 12. INCIDENTAL AND DIRECTIONAL SIGNS (b) Directional Signs. (3) Directional signs shall not be considered additional wall or free-standing signs. (4) Directional signs shall be sufficient to direct traffic safely, and shall not, in the determination of the Code Officer, be excessive. Such a determination shall include a consideration of factors such as, but not limited to,the nature of the business or operation involved,the volume of traffic to be directed, and the configuration of the buildings and improvements on the site. (5) Lettering on a directional sign shall not exceed six(6) inches in height. (6) Number and size of directional signs: RI For properties of less than ten (10) acres in size,the number;and placement and size of directional signs shall not exceed one (1) per curb cut or driveway entrance to a property or a maximum of three (3),whichever is less. No such directional sign shall exceed three (3) square feet in area. No such directional sign shall be more than five (5)feet in height. (ii) For properties ten (10) acres or more in size,the number of directional signs shall not exceed one (1) per two (2) acres of property area,to a maximum of eight(8) directional signs. Not more than one (1) directional sign shall be placed within twenty-five (25)feet of each curb-cut or driveway entrance. No directional sign shall exceed ten (10) square feet in size, and no more than half(rounded up) of the maximum allowable number of directional signs 4 shall exceed three (3) square feet in size. No directional sign less than or equal to three (3) square feet in size shall be more than five (5)feet in height, and no directional sign larger than three (3) square feet in size shall be more than ten (10)feet in height. (7) No directional sign shall be placed closer than five (5)feet from a property line. No directional sign that is greater than three (3) square feet in size shall be located closer than fifty (50)feet from a property line. Item #4. Non-residential uses in residential zoning districts The task force recommends allowing a single sign of up to 30 square feet in size on non- residential properties in residential zoning districts located along Airport Drive, to resolve the unique circumstances faced by applicable properties. The proposed language reads as follows: SECTION 13. SIGNS IN RESIDENTIAL AREAS (a) Non-residential uses in residential zoning districts. There shall be no signs in a residential district(as so classified under the South Burlington Land Development Regulations as presently in force or hereafter adopted and amended from time to time), except that one (1) sign may be erected and maintained for a lot on which a valid non-residential use exists under South Burlington Land Development Regulations, provided that the sign does not exceed twenty(20)square feet, or thirty(30) square feet when located on a lot having frontage on Airport Drive, or forty(40)square feet when located on a lot of at least two (2) acres having frontage on Dorset Street or Hinesburg Road within the Southeast Quadrant Zoning District. Item #5. Outdoor displays The task force reviewed the Ordinance's current policy regarding outdoor display of products and has recommended one change. The change would permit safety information, logos, product names, and phone numbers affixed to the principal face of propane gas cages. The proposed language reads as follows: SECTION 23: EXEMPTIONS (t) Informational signs affixed to the principal face of a propane gas cage containing safety information,the manufacturer's name,the manufacturer's logo, and/or emergency contact information. Lettering, numbering, or logos shall not exceed two (2) inches in height. 5 Item #6. Restaurant menus The task force has proposed a new exemption for restaurant menu boards of up to six (6) square feet in size to be affixed to the face of a business. The proposed text reads as follows: SECTION 23: EXEMPTIONS (u) One (1) restaurant menu not exceeding six (6) square feet in size per restaurant, affixed to a wall that adjacent to a door that leads directly into such restaurant. No such menus shall be internally illuminated. Note: though this was the consensus of the task force at the time, staff is recommending that the limit be less than six (6) square feet (perhaps as low as two (2)), and that there be a maximum lettering height of 1/2 inch. Item #7. Definition of " in the vicinity of" for free-standing signs The sign task force has recommended a clarification regarding the placement of free- standing signs on a property. The current Ordinance allows more than one free-standing sign to be placed on a property that has multiple curb cuts located more than 300' apart. If a property owner wishes to erect more than one free-standing sign, these signs must be located "in the vicinity of approved entrances and visible to vehicles passing the approved entrances." Ray Belair does not recall of any signs that have been permitted under this provision in his tenure with the city, though there is one long-standing case where the question has been raised. In order to remove vagueness from the Ordinance, the task force has recommended the standard be replaced with a simple 25' rule. The proposed text reads as follows: SECTION 9. FREE-STANDING SIGNS (b) Number of Signs Per Lot. The maximum number of free-standing signs on a lot shall be as follows: (2) Lots on which the Development Review Board has granted approval for the development of the property with two (2) or more separate entrances to a public road shall be entitled to additional free-standing signs where: (i) each entrance is separated from each other entrance by a distance in excess of three hundred (300)feet, as measured from center line to center line between the two entrances; and (ii) the number of proposed free-standing signs for the property does not exceed the number of public road entrances that meet the standards set forth above; and (iii) the proposed free-standing signs are located within twenty-five (25) feet of the in the vicinity of the approved entrances and visible`o vehicles 6 A Item #8. Awnings and umbrellas The task force reviewed the Ordinance's current policy regarding logos and advertisements on awnings and umbrellas and has recommended no changes be made. The Ordinance considers such logos and advertisements to be wall and free-standing signs, respectively, and as such they are counted among the allotment for each business and property. Item#9. Readerboards [changeable message areas] The task force reviewed the Ordinance's policy concerning readerboards [changeable message areas] and has recommended no changes be made. Item#10. Perpendicular signs The task force reviewed the Ordinance's policy concerning perpendicular signs (permitted in very limited circumstances, such as the Liberty Tax building on Williston Road) and has recommended no changes be made. Item#11. Non-conforming signs. The task force has recommended removal of the majority of the text in the Ordinance pertaining to non-conforming signs, given the passage of the deadline on June 3, 2009. Staff has contacted the City Attorney to examine in what fashion any future changes to the Ordinance that could place an additional restriction on properties would be addressed. Staff believes that the proposed amendments in items 1-8 above do not place any type of additional restrictions on properties, and so therefore the issue is moot at this point. Staff has, however, contacted the City Attorney to review item#9 above to determine whether this item could be construed to constitute a restriction. The proposed text reads as follows: SECTION 24. NON-CONFORMING SIGNS ete of adoption of this or moved unless it is er,that this clause 7 basis, such as signs with changeable message areas and pricing signs. t#: (1) It is damaged or destroyed and the cost of reconstruction or repair is sixty 0 destroyed; or (2) It has not been used for a period of six(6) months or longer. • ocation caused by street widening or other city, state or federal activity beyond the control of the sign owner. Landscape feature signs that become • • locating the sign. id) Any sign lawfully in existence on the date of adoption of this Ordinance which is -1-1 percent(25%); and • ordinance. • • • which is nonconforming as to location and/or as to the number of signs allow ordinance. (f) The provisions above notwithstanding, (a) On or before JUNE 3, 2009, all non-conforming signs shall have been removed, lawfully replaced, or otherwise altered so as to comply with all applicable provisions of the South Burlington Sign Ordinance in effect as of that date. 8 sour„ South Burlington Fire Department SOUTIF {iLINGTo 1,0,LINGT04, 575 Dorset Street South Burlington, VT 05403 ire O FIRF DFrF (802) 846-4110 FIR1 DF1,1 Fax (802) 846-4125 To: Charles Hafter, City Manager From: Douglas Brent, Chief of Fire and EMS Date: January 27, 2010 Re: Ambulance Fee Schedule As you know during the budget discussions this year we spoke about possible increases to the fees which we charge for ambulance service. I wanted to wait until the beginning of 2010 to see if Medicare had made any changes to the fee schedule which would affect us. We did not raise our fees last year as the change in prices from our adjustment in 2007-08 was still in line. As in the past I have also researched what the surrounding ambulance service providers are charging and how their price relate to ours. Attached, please find a table listing the charges for the other Chittenden County Services. I recommend that we increase our charges as follows: Basic Life Support- $390 up from $360 Advanced Life Support(E)1 - $475 up from $425 Advanced Life Support 2 -n/a Mileage(per loaded mile) - $9.50 up from$9.00 Specialty Care Transport- $725 up from $550 Figures from 2008 — 2009 show us responding to 1,758 EMS incidents. We transported (billed) 1374 patients which is about 78% of our patients. The remaining 384 patients or 22% were not transported. Due to changes in Medicare reimbursements last year, all of our patients are now billed at the Advanced Life Support rate except for Specialty Care Transports. Using last year's utilization figures and with the changes allowed by Medicare the update to our fee schedule should be increase our revenues by approximately $68,700 for service fees and $2,748 for loaded miles. These changes would still leave us in just about the middle of the average for the surrounding area. SOUTH BURL. ESSEX COLCH. SHELB. UVM ST. MIKES BURL. F.D. FIRE RESCUE RESCUE RESCUE RESCUE RESCUE BLS $ 390 365 375 460 425 400 300 ALS 1 $ 475 435 475 550 525 500 450 ALS 2 N/A 615 N/A 625 N/A 600 N/A MILEAGE $ 9.50 9.00 9.50 9.00 11.00 12.00 9.00 SPECIAL CARE TRANS. $ 725 N/A N/A N/A N/A N/A 550 January 28, 2010 SOUTH BURLINGTON FIRE DEPARTMENT AMBULANCE SERVICE FREQUENTLY ASKED QUESTIONS 1. Does everyone get charged for an ambulance transport? It depends! If you are insured, our Billing Clerk will work directly with your health insurance provider and process all necessary claims. However, if you are uninsured, you will receive a bill. 2. Who sets the rates that are charged and how much does an ambulance transport cost? The rates are set and approved by the South Burlington City Council. The cost for an ambulance transport can range from $390 to $725 depending on the type and severity of the call. In addition, mileage is charged at $9.50 per mile for each mile a patient is on board. 3. What will happen if I do not have insurance? No patient will ever be denied or refused medical assistance or transport due to a lack of insurance. Any patient who has difficulty paying the bill for ambulance transport services, or has a question, should contact the EMS Billing Clerk at 802-846-4110 to set up a payment plan. 4. Will my insurance rate!CIO up because South Burlington charges for ambulance transport? No. Emergency ambulance transportation is an already included benefit for many insurance carriers. Considering all other health care fees, ambulance transport claims are relatively small. 5. Does Medicare pay for ambulance transportation? Medicare Part B pays 80% of the charge for a medically necessary ambulance transport. The remaining 20%will be due from you. If you have secondary insurance coverage, they will be billed for the remaining balance. 6. Will my insurance premiums go up because South Burlington files insurance claims for Ambulance Transport? It is unlikely that your health insurance premiums will rise solely because a claim for ambulance transport is filed. Many health insurance carriers already have a provision written into your policy to cover such costs. 7. What happens if I call 911 and don't need to be transported?Will I be billed? No. We bill ONLY if we transport you. You will, however, be required to sign a refusal of care form, releasing all Emergency Medical providers from any liability arising from your refusal to go to the hospital. 8. Don't I already pay for fire and ambulance service through my taxes? No. Your property taxes help fund fire and ambulance personnel stationed at our two fire station locations is South Burlington. Revenues obtained from Ambulance Transport Insurance billing help offset all other costs associated with the management, maintenance, and operation of ambulance and emergency medical equipment. Additionally, revenues help provide funding for new fire/rescue operations, capital improvements, and training, etc. 9. Why am I being billed for ambulance transport services? Isn't the service free? No. Ambulance Transport services are not free. Each year the emergency call volume increases, placing an additional strain on these important resources. In order to recoup costs and help ease the burden on taxpayers and property owners, we bill your Health Insurance for this cost. When you pay the premiums on your Health Insurance in most cases it covers all or a portion of the costs for Ambulance Transport services. 41440 Ott SOUL bt `„.itt"" PLANNING & ZONING AGENDA South Burlington Development Review Board Tuesday, February 2, 2010 7:30pm Regular Meeting City Hall Conference Room, 575 Dorset Street, South Burlington, VT 1. Other business/announcements 2. Minutes of January 5 and January 19, 2010. 3. Miscellaneous application #MS-10-01 of City of South Burlington for after-the-fact. approval to alter the existing grade for the construction of stormwater improvements, 1175 Hinesburg Road. 4. Preliminary plat application #SD-10-02 of Bullrock Corporation to amend a previously approved planned 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 assisted living facility, 250 Quarry Hill Road. 5. Continued preliminary plat application #SD-09-51 of Pizzagalli Properties, LLC for a planned unit development to construct a 50,000 sq. ft. office building, 119 Tilley Drive. 6. Site plan application #SP-10-05 of City of Burlington/ Burlington International Airport to revise a previously approved plan to construct two (2) additional parking levels to an existing three (3) level parking garage. The amendment consists of dividing the project into two (2) phases, 1200 Airport Drive. 7. Site plan application #SP-10-06 of CCTA to construct a 117 sq. ft. bus shelter, 155 Dorset Street. - 8. Site plan application #SP-10-07 of City of South Burlington to upgrade and expand the Airport Parkway Wastewater Treatment Facility, 1015 Airport Parkway. Respec Submitted, cliZ\ ay and J. Belair Administrative Officer 575 Dorset Street South Burlington, VT 05403 tel 802.846.4106 fax 802.846.4101 www.sburl.com January 29,2010 EXECUTIVE SESSION To: Chair and City Council From: Chuck Hafter, City Manager 3 Re: Consider entering into executive session to discuss personnel issues Chair Boucher has asked that Council have an executive session discussion to discuss contractual terms for the next City Manager. I will bring copies of my contracts with the City to the meeting. I will also bring a copy of the 2008 Executive Salary Report which is published internally by the Vermont Town and City Management Association. This is a detailed report of salaries and benefits of Vermont Municipal Managers and Administrators.