Loading...
HomeMy WebLinkAboutMinutes - City Council - 08/15/2016 CITY COUNCIL 15 AUGUST 2016 The South Burlington City Council held a regular meeting on Monday, 15 August 2016, at 6:15 p.m., in the Conference Room, City Hall, 575 Dorset Street. MEMBERS PRESENT: H. Riehle, Chair; P. Nowak, T. Chittenden, T. Barritt, M. Emery ALSO PRESENT: K. Dorn, City Manager; T. Hubbard, Deputy City Manager; I. Blanchard, Project Manager; J. Rabidoux, Director of Planning & Zoning; B. Finnigan, J. Pasackow, Library Board of Trustees; R. Fletcher, City Attorney; Rep. A. Pugh, J. Knapp, R. Nowak, J. Kochman, A. Roberts, M. Simoneau, A. Klugo, L. Bresee, L. Barker, W. Daumer, S. Coolidge 1. Agenda Review: Additions, deletions or changes in order of agenda items: Mr. Chittenden asked to remove the agreement with the Village at Dorset Park from the Consent Agenda. This was added as a separate agenda item. 2. Consider Entering Executive Session to Consult with Legal Counsel Concerning Pending Litigation (Burlington International Airport Tax Appeals): Mr. Barritt moved that the Council enter executive session to consult with legal counsel regarding pending litigation (Burlington International Airport Tax Appeals), the executive session to include the City Manager, Deputy City Manager and City Attorney. Ms. Nowak seconded. Motion passed 4-0. The Council entered executive session at 6:17 p.m. (Ms. Emery arrived during the executive session) The Council returned from executive session at 6:42 p.m. 3. Consider and possibly approve settlement of litigation in the matter of City of Burlington v. City of South Burlington v. State of Vermont, Docket Nos. 183-2-13 Cnc, 1222-11-13 Cncv, 937-9-14 Cncv, and 869-9-15 Cncv: Mr. Fletcher said that the two cities have reached a tentative agreement for the settlement of tax appeal litigation regarding Burlington International Airport. He then reviewed the specific terms of the tentative agreement and noted that the parties have also negotiated a longer term agreement which will allow for the classification of elements of the Airport (residential property, property for Airport use, other uses). The parties agree on values for land acreage. Residential property will have a value of $280,000 per acre; commercial properties will be valued at fair market value. The combined taxes for the Airport will be $720,000 of which the city will get $238,000 (the balance goes for education). Municipal taxes overpaid by the City of Burlington will be credited to a future payment. Mr. Fletcher also noted that the City of Burlington will be considering this same package later this evening. Ms. Emery thanked the parties involved and expressed confidence that there will be some stability going forward. Ms. Nowak said she felt this will promote good relations with the Airport. Ms. Emery then moved that based on the information and the documents presented to us, and, effective upon approval of the same documents by the City Council of the City of Burlington, that the City Council approve settlement of the pending tax appeals involving the property owned by the City of Burlington located in the City of South Burlington for fiscal years ending June 30, 2013, 2014, 2015 and 2016, on the terms and in the form set out in the Settlement Agreement presented to the City Council at this meeting, and approve the 24 V.S.A. Section 2742 agreement on the terms and in the form as presented to the City Council at this meeting, and authorize the execution and delivery or filing of originals of these and other related documents as is necessary to carry out the intention of the Council as expressed here. Mr. Chittenden seconded. The motion was then passed unanimously. Mr. Roberts questioned whether members of the Council had read the documents. Ms. Riehle said members received the documents on Friday and have read them. Mr. Dorn recognized the efforts of Bob Fletcher and his partner, John Klesch, and also Mr. Hubbard’s role from day 1. Mr. Fletcher said it was a team effort and noted the 2 long days Ms. Emery spent in mediation sessions. 4. Consent Agenda: a. Sign Disbursements b. Approve Minutes for 1 August 2016 It was noted that Consent Agenda Item “c” was removed and would be addressed separately. Ms. Emery noted that under item #7, second paragraph, Chief Brent also said he would look into additional training for F-35s. In the discussion of new communication equipment, it was noted that “LED” should read “digital.” Ms. Emery moved to approve the Consent Agenda with the noted changes. Mr. Barritt seconded. Motion passed unanimously. 5. City Manager’s Report: Mr. Dorn reported on the following: a. Success of the tax mailer – 82 taxpayers have signed up for automatic withdrawals. b. The National Recreation & Parks Association sent 2 representatives to review the city’s camps and reported that the city has one of the finest programs in the country. c. Ms. Leugers reports that ticket sales for Red Rocks Park are significantly up this year. d. Mr. Dorn will be speaking to the Rotary this week. He cited their effort in the past weekend’s City Fest. e. Three “bike and bite” events are scheduled in upcoming weeks at Veterans’ Memorial Park. 6. Discuss and consider approving the necessity resolution for the ballot question (proposed Article 1) and warning for a special City Meeting on November 8, 2016 regarding authorization of up to $5,000,000 to incur debt and to pledge the city’s credit or making direct payments using TIF District increment for the purpose of funding capital improvements (City Center Park Phase 1 and Market Street Reconstruction) and costs related to the South Burlington City Center TIF District: Ms. Nowak moved to open the public hearing. Mr. Barritt seconded. Motion passed unanimously. Ms. Blanchard explained that debt will be in the form of general obligation bonds, notes, or a direct payment. The city is required to put this resolution to the public. She noted the resolution specifically addresses 3 projects: Market Street (estimated $3,600,000), Dumont Park (City Center Park – estimated $1,300,000), and costs related to City Center. It is anticipated the debt would be paid for with the TIF district increment and impact fees. Mr. Chittenden asked how much increment there is from Trader Joe’s and Pier One. Ms. Blanchard said $65,000 annual increments. The new housing on Market Street is also included in that figure. Ms. Nowak spoke in favor of the resolution and asked that as each project comes up, the Council be kept informed as to how much of the payment is coming from the TIF. Mr. Barritt said there is public confusion regarding what a TIF district is and how it works. He cited the need to clearly spell out what the city thinks will happen, what the risks may be, etc. He also asked about the success of other TIF districts. Ms. Blanchard cited successes in the Winooski, St. Albans and Barre downtowns. Milton is coming along slowly, and Hartford is beginning to see progress. Burlington and Newport have completed their TIF projects. Ms. Emery cited a TIF in her hometown that was a huge boost for the local economy. Mr. Fletcher said there will be a public information hearing 10 days prior to the vote, and there will be published documents as well. Ms. Riehle noted that the Council gets monthly updates. Public comment was then solicited. The following comments were made: Rep. Pugh: Noted some issues in Winooski and Milton that have been corrected by the Legislature. Mr. Knapp: Asked how much increase in value is needed to pay off the $5,000,000. Ms. Blanchard said it depends on the type of instrument. The estimated bond part is $354,000 in the first year. This decreases each year thereafter. Mr. Chittenden noted the city already has 20% of the funding from Trader Joe’s and Pier One. There is also a Cathedral Housing project being planned that will add to that percentage. Ms. Blanchard also noted that the city has been putting funds into a City Center Reserve Fund and will continue to do so. Ms. Coolidge: Felt voters will worry this will be similar to the Jay Peak incident where voters were left holding the bag when foreign investors were involved. She also spoke in favor of working with the School District and possibly using Central School for a downtown use. She was concerned with taxpayers having to pay more. Ms. Riehle said City Center is not an EB5 project, so there will be no foreign investments. Ms. Emery stressed that the city has to go to the voters every step along the way and has to explain why a project is worth the public voting for it. Mr. Barritt added that there is a task force working on the school issues, and the final report on that will be presented at a meeting next week. Ms. Riehle said the city is working very thoughtfully with the School Department. Mr. Bresee: Said the “vision is big, and the vote is small.” He stressed the need for the public to understand they are voting on the “small” thing. Mr. Barker: Said Dumont Park has been very neglected and asked who would maintain it. Ms. Riehle said there is now a final plan for the Park. Ms. Blanchard said the Department of Public Works would be responsible for maintenance when the work is completed. Mr. Barker was disappointed that Iby St. residents weren’t consulted. He asked about use of the park for dogs. Ms. Blanchard said the policy regarding dogs would be handled by the Recreation Dept. Mr. Barker also noted there have been transients in the park building fires. Ms. Nowak said that can be looked into. Ms. Riehle said when the park is finished, it will not lend itself to transients. Mr. Daumer: Was concerned with more taxes. Also felt Overlook Park has had flowers and bushes pulled out. There was no further public comment. Ms. Emery moved to close the public hearing. Mr. Barritt seconded. Motion passed unanimously. Mr. Fletcher said there is a prepared resolution which would approve a warning for the November ballot. This is a necessary step to putting the issue to the voters in November. After some discussion, Ms. Emery moved to adopt the Resolution as presented. Mr. Chittenden seconded. Motion passed unanimously. 7. Comments & Questions from the Public not related to Agenda items: Mr. Roberts expressed displeasure at the city joining the F-35 lawsuit when the people were opposed to it. He felt the Council should not go against the people. Mr. Bresee appreciated the support of the City Council and staff and the day-to-day guys who maintain the parks. He praised the signage for parks and the flowers that enhance the signage. #5 (continued): Announcements and City Manager’s Report: Council members reported on meetings and events they had attended. 8. Update from Library Board of Trustees: Ms. Finnigan thanked the Council for the recent agreement. They feel they can almost “touch” the new Library. She did note that they cannot launch a fund-raising campaign or do a feasibility study without an identified site. Mr. Pasackow said they are frustrated by this but are very excited and know it will happen. They are working diligently to proceed and are looking at foundations for some support. They are also having focus groups to determine what the public wants. Ms. Riehle noted that the November bond issue will help in this effort. Mr. Chittenden asked if there is sentiment regarding a possible shared space. Ms. Finnigan said she felt there would be support for that. Mr. Pasackow said libraries are becoming more of a “community center” these days, and there will be significant community space planned. Mr. Barritt cited the beauty of the Wheeler Park area and wished it were feasible to site the Library there. Mr. Pasackow noted that area has been discussed over the years. There are accessibility issues. 9A. Approve Stormwater System Improvement Agreement, Irrevocable Offer of Dedication and any related documents associated with the Village at Dorset Park Stormwater System: Mr. Chittenden questioned the city’s liability regarding the stormwater ponds since the city would not own them. He asked who would insure them. Mr. Rabidoux said the current system is classified as an “urban dam” because of the volume of water in it. The project would reduce that volume. The residents at Village at Dorset Park want to maintain ownership of the ponds, and the city has allowed this. What they choose to do regarding insurance is up to them. Mr. Rabidoux also noted the city will own the pipes. Ponds 1, 2, and 3 are excluded from the agreement as are 3 emergency overflow swales. The city owns everything as it comes to the pond. Mr. Rabidoux said residents at the Village at Dorset Park want to control what ultimately could flow into the ponds, which is their motive in maintaining ownership. Mr. Chittenden then moved to approve Consent Agenda Item #C. Mr. Barritt seconded. Motion passed unanimously. Mr. Dorn praised the work of Tom DiPietro in securing this agreement. 9. Council review of streetlight policy: Mr. Rabidoux noted that generally streetlights are placed at intersections and at crosswalks (particularly those at mid-block locations). Planning & Zoning Boards regulate streetlights within developments. About 800 streetlights in the city are leased from Green Mountain Power. A majority of these are LED, and all will be LED shortly. There are some city- owned lights. There is an effort to establish consistency in developments, and consultants are helping come up with a selection of approved LED light fixture for developers to choose from. Mr. Rabidoux cited the need to revise standards as technology changes. There is no mechanism (i.e., money) to respond to a special request for a streetlight from a citizen. Ms. Nowak asked what happens if someone damages a streetlight in an accident. Mr. Rabidoux said they work with insurance companies for reimbursement. With a “hit and run,” the city is forced to pay for the damage. Either the Department of Public Works or Green Mountain Power replaces burned out bulbs. Ms. Nowak asked if it is true that every other light on Shelburne Rd. has been turned off. Mr. Rabidoux said that is true. He explained the history of that decision. Ms. Nowak felt that it is becoming a safety factor now that more people are walking. She suggested that Council members drive down there and see the situation. Mr. Rabidoux said it is up to the Council as to whether those lights stay off or are turned on again. Mr. Barritt asked the annual budget for street lights. Mr. Hubbard said it is $140,000/year. Mr. Dorn said there are issues on Shelburne Rd. that need to be addressed. He suggested the Council consider turning the alternate lights back on. Members agreed to consider this on the next agenda. Mr. Rabidoux said he would like to have a policy on how to address requests from the public for streetlights. Members were OK with Mr. Rabidoux presenting such a policy. 12. Preliminary Review of FY 16 Budget Year: Mr. Hubbard stressed that this review is preliminary. The city continues to operate from 2 budget years until the end of August. They are also still waiting for the local option tax (last year this amount was about $503,000). Revenues are slightly under the projection. There is an anticipated positive balance of $172,000 which can be put back on the balance sheet. Mr. Hubbard cited the work of staff in achieving this surplus. There will be a proposed budget schedule for FY18 in September. 13. Review of City Council Work Plan: Mr. Dorn noted that the Ordinance Update has been on hold since Jim Barlow left; however, the city is talking to him and his new law firm about finishing the process on a consulting basis. The feasibility study for the proposed arena is going on, and there should be a report in September. Mr. Dorn was not confident there would be a site in time for the November ballot. Mr. Dorn recommended putting the TIF policy on hold until there is reasonable assurance there will be funds beyond identified projects. Ms. Nowak suggested getting an update from Charlie Baker regarding the corridor to Hinesburg. Members briefly discussed the question of the City Council Facebook page. Ms. Riehle suggested that she meet with Coralee regarding this issue and to make sure that what they decide is not in violation of the Open Meeting Law. 14. Liquor Control Board: Ms. Nowak moved that the Council convene as Liquor Control Board. Ms. Emery seconded. Motion passed unanimously. Members considered the following requests: a. Bueno Y Sano (first class license) b. Windjammer Restaurant (amended outside consumption permit) Ms. Nowak moved to approve both applications as presented. Ms. Emery seconded. Motion passed unanimously. Ms. Nowak moved to reconvene as City Council. Ms. Emery seconded. Motion passed unanimously. 15. Other Business: A. Items Held from Consent Agenda: A held item was addressed earlier in the agenda. B. Other: Ms. Emery: Asked about the possibility of giving some of the fund balance to the Teen Center. Mr. Chittenden supported that. Mr. Riehle said it can be on the next agenda. Mr. Hubbard distributed information regarding legal costs which was requested by members. As there was no further business to come before the Council, Mr. Chittenden moved to adjourn. Ms. Emery seconded. Motion passed unanimously. The meeting was adjourned at 9:36 p.m. Clerk Published by ClerkBase ©2019 by Clerkbase. No Claim to Original Government Works. South Burlington Water Dept. Accounts Payable Check Register Date: 08/17/16 Date Check No. Paid To Memo Amount Paid Total Amount Paid: 702,240.82 SOUTH BURLINGTON CITY COUNCIL _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ Printed: August 10, 2016 Page 2 of 2 South Burlington Water Dept. Accounts Payable Check Register Date: 08/17/16 Date Check No. Paid To Memo Amount Paid 8/17/2016 3040 Aldrich & Elliott, PC 234.75 Date Voucher Number Reference Voucher Total Amount Paid 8/2/2016 VI-14060 76408 234.75 234.75 8/17/2016 3041 A.P. Certified Testing LLC 5,435.00 Date Voucher Number Reference Voucher Total Amount Paid 7/21/2016 VI-14062 8765 5,435.00 5,435.00 8/17/2016 3042 Blackbay Ventures VIII LLC 70.40 Date Voucher Number Reference Voucher Total Amount Paid 8/1/2016 VI-14057 REFUND 70.40 70.40 8/17/2016 3043 Champlain Water District 51,654.74 Date Voucher Number Reference Voucher Total Amount Paid 7/31/2016 VI-14059 SBWD-316 51,654.74 51,654.74 8/17/2016 3044 Champlain Water District 146,597.31 Date Voucher Number Reference Voucher Total Amount Paid 7/31/2016 VI-14050 SBWD-309 588.57 588.57 7/31/2016 VI-14051 JULY 146,008.74 146,008.74 8/17/2016 3045 Frank W. Whitcomb Construction 210.38 Date Voucher Number Reference Voucher Total Amount Paid 7/20/2016 VI-14064 00671549 210.38 210.38 8/17/2016 3046 Green Mountain Flagging, LLC 759.46 Date Voucher Number Reference Voucher Total Amount Paid 7/25/2016 VI-14058 19373 759.46 759.46 8/17/2016 3047 Office Essentials 1,345.57 Date Voucher Number Reference Voucher Total Amount Paid 7/25/2016 VI-14056 32981 1,331.95 1,331.95 8/8/2016 VI-14063 33023 13.62 13.62 8/17/2016 3048 City Of South Burlington 281,026.14 Date Voucher Number Reference Voucher Total Amount Paid 8/1/2016 VI-14052 JULY SEWER 281,026.14 281,026.14 8/17/2016 3049 City Of South Burlington 214,655.07 Date Voucher Number Reference Voucher Total Amount Paid 8/1/2016 VI-14053 JULY STORMWATER 214,655.07 214,655.07 8/17/2016 3050 The Other Paper 252.00 Date Voucher Number Reference Voucher Total Amount Paid 7/28/2016 VI-14054 6282 126.00 126.00 7/21/2016 VI-14055 6273 126.00 126.00 Printed: August 10, 2016 Page 1 of 2   575 Dorset Street South Burlington, VT 05403 tel 802.846.4107 fax 802.846.4101 www.sburl.com     To: Kevin Dorn, City Manager From: Ilona Blanchard, Project Director Subject: Public Hearing Discuss and consider approving a necessity resolution for the ballot question (proposed Article 1) and Warning a Special City Meeting on November 8, 2016 regarding authorization of up to $5,000,000 to incur debt and pledge the City’s credit or to make direct payments using TIF District increment for the purpose of funding capital improvements (City Center Park Phase 1 and Market Street Reconstruction) and costs related to the South Burlington City Center TIF District Date: August 12, 2016 Background:              Public Hearing The City Center TIF District was established to fund capital improvements in City Center supporting the establishment of a new downtown. The City has two projects nearly complete for which the City likely will be ready to competitively select a contractor in 2017. While some funding is in place (over 5 million in Federal funds for Market Street) debt will be needed to finance the construction of these projects. In addition, the City cannot access TIF District increment (revenues) to pay for costs until voters have approved the City to do so. State statures also require that the City incur debt within five years of establishing a TIF district. As the City Center TIF District was established April 1, 2012, the City must incur debt by or in March of 2017. This public hearing is an opportunity for the public to provide comment on the Article language (the ballot question). Article 1 (attached) requests authorization for the City Council to incur debt for two capital improvements (Market Street and Phase 1 of City Center Park (the Dumont parcel) as well as for costs related to establishing and administering the TIF District. Necessity Resolution, Article 1 and November 8 Special Meeting Warning The attached draft article provides the public an opportunity to vote on a question authorizing the Council to raise up to five million dollars in debt or make direct payments of TIF increment for three purposes:       Market Street Reconstruction Project: (Dorset Street to Hinesburg Road inclusive of all intersections) to include streetscape, stormwater, utility, lighting and transportation upgrades with an estimated budget of $3,640,000; Phase 1 of City Center Park (Dumont Parcel): (the creation of a City Center natural area park located south of Market Street and north of Barrett Street) to include pathways, water quality enhancements, bridges, educational, low profile play and exploration features, and landscaping upgrades with an estimated budget of $1,275,000; Related costs: City expenditures can be soft costs attributable public improvements or overall implementation and administration of its TIF district. Examples would be fees charged by the State in the review process, auditing costs, legal costs, public noticing costs, TIF Project feasibility studies, etc. The anticipated budget for related costs is $85,000. If Article 1 passes, the City Council may need to adjust individual budget allocations so as not to exceed the overall requested authorization of $5 million in indebtedness for these projects within the TIF District. Although the City has projected that there will be sufficient TIF increment to service all obligations of the City authorized by the November 8, 2016 ballot question referenced herein, once the ballot question is approved, the City Council will be authorized to pledge the credit of the City for the indebtedness and obligations incurred for the improvements within the City Center TIF District regardless of whether sufficient increment is in place. If the tax increment received by the City from within the Downtown TIF District is insufficient to pay the principal and interest on the debt in any year, for whatever reason, including a decrease in property tax or repeal of a state property tax source, unless otherwise determined at the time of such repeal, the City shall remain liable for payment of the principal and interest for these obligations for the term of indebtedness until fully paid. Attachments:  Necessity Resolution  Warning Special City Meeting November 8  Article 1 (form of ballot) Recommendation: Discuss the resolution and article and consider approving the attached resolution (such approval would incorporate the Warning and Article 1). Additional  consideration:  The State requires that if the City is to incur debt financed by the TIF District, South Burlington will need to do so within the first five years, and will only have five subsequent years during which to use this financing tool. The City may only ask voters to vote on the same proposal to use TIF District financing twice in a calendar year. A positive vote on the ballot will not obligate the City Council to incur debt. Debt does not need to be issued all at once or for the full $5,000,000.             RESOLUTION CITY OF SOUTH BURLINGTON CITY CENTER TAX INCREMENT FINANCING DISTRICT INFRASTRUCTURE AND CAPITAL IMPROVEMENT INDEBTEDNESS WHEREAS, on August 27, 2012, the City Council established the South Burlington City Center Tax Increment Financing District (TIF); and WHEREAS, on July 25, 2013, the Vermont Economic Progress Council (VEPC) issued a Master TIF District Determination which approved the South Burlington City Center TIF District Plan and authorized the TIF District to utilize incremental property tax revenues to pay debt service related to public infrastructure and capital improvements constructed within the TIF District subject to certain conditions and the submittal and approval by VEPC of a TIF District Finance Plan; and WHEREAS, the City Council approved the South Burlington City Center TIF District Financing Plan on February 17, 2015, and the same was submitted to VEPC and approved by it on March 26, 2015; WHEREAS, the City is now prepared to seek voter approval for up to Five Million Dollars ($5,000,000) of the VEPC-approved TIF public infrastructure and capital improvements and related costs, specifically: development/construction of Phase 1 of City Center Park/Dumont Parcel and the development and construction of Market Street between Dorset Street and Hinesburg Road, together with related site work and project costs, and approval for reimbursement of TIF eligible related costs incurred in the establishment, implementation and administration of the TIF District (“Related Costs”) (collectively, the “Project”); and     WHEREAS, the City has established that there is projected capacity to finance the proposed City Center TIF District public infrastructure and capital improvements and related costs described above (the “Project Costs”); and WHEREAS, the approval of the lawful voters of the City is required for the City Council to pledge the credit of the City to secure indebtedness, to make direct payments of TIF funds or to issue debt of the City for the purpose of funding one or more public infrastructure and capital improvements and related costs attributable to projects serving the City Center TIF District and reimbursement for Related Costs. NOW THEREFORE BE IT RESOLVED, that a proposal to pledge the credit of or to issue general obligation bonds of the City in an amount not to exceed Five Million Dollars ($5,000,000), in the form attached hereto as a Ballot should be submitted to the legal voters of the City at a Special City Meeting to be duly called and held November 8, 2016; and BE IT FURTHER RESOLVED, that all acts relating to the proposition of pledging the credit of the City, incurring bonded indebtedness and issuing general obligation bonds of the City for the purpose of financing the Project be in accordance with the provisions of Chapter 53, Subchapter 5 of Title 24 of the Vermont Statutes Annotated and with the City Charter of the City of South Burlington; and BE IT FURTHER RESOLVED, that the attached Warning and form of Ballot be hereby adopted for use in connection with consideration of the above-stated proposition and the same shall be published and posted in accordance with the     requirements of Chapter 53 of Title 24 Vermont Statutes Annotated and Chapter 55 of Title 17, Vermont Statutes Annotated. SOUTH BURLINGTON CITY COUNCIL _________________________________________ _________________________________________ _________________________________________ Dated: ____________ _________________________________________ ATTEST: _____________________________ _________________________________________ City Clerk       WARNING CITY OF SOUTH BURLINGTON NOVEMBER 8, 2016 SPECIAL CITY MEETING The legal voters of the City of South Burlington are hereby notified and warned to meet at their respective polling places at the Frederick H. Tuttle Middle School on Dorset Street, the Orchard School on Baldwin Avenue and the Chamberlin School on White Street on Tuesday, November 8, 2016, at 7:00 o'clock in the morning, at which time the polls will open, until 7:00 o'clock in the evening, at which time the polls will close, to vote by Australian ballot on the following articles: ARTICLE I Shall the City Council be authorized to pledge the credit of the City to secure indebtedness, to borrow, or to make direct payments of TIF increment for the purpose of funding one or more public infrastructure or capital improvements and related costs attributable to projects serving the City Center Tax Increment Financing (TIF) District, specifically: (a) Market Street Reconstruction: (a section of roadway between Dorset Street and Hinesburg Road inclusive of all intersections) to include streetscape, stormwater treatment, utility, lighting and transportation upgrades; (b) City Center Park Phase 1 (Dumont Parcel): (site improvements to create a natural area park) to include pathways, water quality improvements, landscaping, wetland protection, learning and play exploration areas and signage; (c) Related Costs: reimbursement for TIF eligible related costs incurred by the City for the creation, implementation and administration of the City Center TIF District; in a total principal amount not to exceed Five Million Dollars ($5,000,000) (to date, the total City Center TIF tax increment financing debt approved is $0), and to make direct payments, issue bonds, notes or make interfund loans for such purposes with the understanding that tax increment from the properties within the City Center TIF District shall be pledged and appropriated for the payment of such indebtedness or direct costs of the improvements?     POLLING PLACES ARE THE FREDERICK H. TUTTLE MIDDLE SCHOOL AT 500 DORSET STREET, THE ORCHARD SCHOOL AT 2 BALDWIN AVENUE, AND THE CHAMBERLIN SCHOOL AT 262 WHITE STREET. VOTERS ARE TO GO TO THE POLLING PLACE IN THEIR RESPECTIVE DISTRICT. Dated at South Burlington, Vermont this ___ day of August, 2016. SOUTH BURLINGTON CITY COUNCIL ______________________________ Helen Riehle, Chair ______________________________ Meaghan Emery, Vice Chair ______________________________ Tim Barritt, Clerk ______________________________ Pat Nowak ______________________________ Tom Chittenden Received for record and recorded this _____ day of August, 2016, in the records of the City of South Burlington. _________________________________________ Donna Kinville Clerk, City of South Burlington ARTICLE 1 Shall the City Council be authorized to pledge the credit of the City to secure indebtedness, to borrow, or to make direct payments of TIF increment for the purpose of funding one or more public infrastructure or capital improvements and related costs attributable to projects serving the City Center Tax Increment Financing (TIF) District, specifically: (a) Market Street Reconstruction: (a section of roadway between Dorset Street and Hinesburg Road inclusive of all intersections) to include streetscape, stormwater treatment, utility, lighting and transportation upgrades; (b) City Center Park Phase 1 (Dumont Parcel): (site improvements to create a natural area park) to include pathways, water quality improvements, landscaping, wetland protection, learning and play exploration areas and signage; (c) Related Costs: reimbursement for TIF eligible related costs incurred by the City for the creation, implementation and administration of the City Center TIF District; in a total principal amount not to exceed Five Million Dollars ($5,000,000) (to date, the total City Center TIF tax increment financing debt approved is $0), and to make direct payments, issue bonds, notes or make interfund loans for such purposes with the understanding that tax increment from the properties within the City Center TIF District shall be pledged and appropriated for the payment of such indebtedness or direct costs of the improvements? Memo To: South Burlington City Council From: Tom DiPietro, Deputy Director of Public Works CC: Kevin Dorn, City Manager Justin Rabidoux, Director of Public Works Date: July 25, 2016 Re: Village at Dorset Park Stormwater Improvement Agreement and Irrevocable Offer of Dedication The South Burlington Stormwater Utility (SBSU) has been working with the Village at Dorset Park homeowner’s association to design and construct improvements to the neighborhood’s existing stormwater treatment and conveyance system. As part of this effort, the neighborhood and SBSU have developed legal agreements related to the construction and eventual transfer of the improved stormwater system to the City. Included with this memo, please find a copy of the “Stormwater System Improvement Agreement” and “Irrevocable Offer of Dedication” related to this work. These documents have been reviewed by the City’s legal counsel and signed by representatives of the Village at Dorset Park Homeowners Association. I recommend that City Council vote to approve these documents so that we can move forward with construction of the Village at Dorset Park Stormwater Improvement project. If you have any questions, please contact me at (802) 658 – 7961 x6108 or tdipietro@sburl.com.