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HomeMy WebLinkAboutMinutes - City Council - 02/05/2018 CITY COUNCIL 5 FEBRUARY 2018 The South Burlington City Council held a regular meeting on Monday, 5 February 2018, at 6:30 p.m., in the Conference Room, City Hall, 575 Dorset Street. Members Present: H. Riehle, Chair; P. Nowak (via phone), M. Emery, T. Barritt, T. Chittenden Also Present: K. Dorn, City Manager; A. Bolduc, City Attorney; P. Conner, Director of Planning & Zoning; Chief D. Brent and Deputy Chief T. Francis, Fire Department; J. Rabidoux, Public Works Director; I. Blanchard, Project Manager; B. Sullivan, I. Squirrell, G. Maille, C. Sargent, J. Pence, D. Seff, T. McKenzie 1. Instructions on exiting building in case of emergency: Mr. Dorn provided instructions on emergency evacuation of the building. 2. Agenda Review: Additions, deletions or changes in order of agenda items: Mr. Dorn asked to add two items to Other Business: an update on the proposed letter to new homeowners and an opportunity to name a park. 3. Comments and Questions from the public not related to the agenda: No issues were raised. 4. Announcements and City Manager’s Report: Council members reported on meetings and events they had attended in recent weeks. During her report, Ms. Emery raised the issue of the costs for ground-water testing and suggested the city consider ordinances with that in mind. During Ms. Riehle’s report, she drew attention to photos indicating the now designated parking area for taxis that cannot be in the “queue.” She also advised that in a meeting with Mayor Weinberger, he apologized for the delay in responding to South Burlington’s MOU. The Mayor suggested having the City Councils of Burlington, South Burlington and Winooski meet to find a way to give Winooski and South Burlington the ability to comment on and influence any applications to the FAA prior to application submittal. Mr. Dorn: Advised that Police Chief Whipple has announced his planned retirement in January, 2019. SBBA will hold its quarterly meeting at South Burlington City hall on 20 February, 7:30 a.m., to hear updates on City Center. SBBA is also willing to meet with the City Council at one of the Council’s March meetings. The Community Outreach Program is getting a lot of press. The Howard Center has hired 3 of the 4 Councilors who will be deploying with the Police Department. He and Ms. Riehle met with people at the Medical Center to hear long-range plans for Tilley Park. The Med Center is looking to have just one building for outpatient services. They made it clear that they like having buildings and workers in South Burlington. They also agree that it is important to have more conversations with Green Mountain Transit regarding service to medical buildings. Mr. Barritt asked if the change in status of Med Center buildings has tax implications. Mr. Dorn said it shifts to a “payment in lieu of taxes” situation instead of property tax payments when the Medical Center owns a building. Mr. Dorn will be speaking to Pillsbury Manor residents on Thursday about what is happening in the city. He will also be doing 2 sessions at the Library regarding ballot items. A big gala is being planned by Patrick Leduc to raise money for scholarships. Mr. Dorn reminded members of the forecast for a snowstorm on Wednesday. 5. Consent Agenda: a. Approve and Sign Disbursement Ms. Emery moved to approve the Consent Agenda as presented. Mr. Barritt seconded. Motion passed unanimously. 6. Councilors’ reports from Committee assignments: No reports were presented. 7. Consider and possibly appoint alternate to the Green Mountain Transit Board: Mr. Chittenden nominated Mr. Barritt to serve as alternate representative to the Green Mountain Transit Board. Ms. Emery seconded. Motion passed unanimously. 8. Presentation of the TIF District Annual Report to the Vermont Economic Progress Council and (if any) Changes in TIF District’s Certified Original Taxable Value: Ms. Blanchard noted that the original taxable value in the TIF district was $36,228,700 (as of 2012). The value as of 1 April 2016 was $39,777,490, representing a Grand List growth of about $3,000,000. This is attributed to Trader Joe’s, Pier One, and the homes at the Hinesburg Rd. end of Market Street. During this same period there were expenses of $421,835. These expenses were incurred for scoping for the bicycle bridge and work on Market Street, City Center Park, the Williston Road streetscape, and legal costs. Most of this work was done by 8 in-state businesses. Mr. Chittenden asked whether Garden Street is a priority. Mr. Dorn said it is a joint venture and may move ahead of the Library in order to stimulate more growth. Right now, the Library is the first priority with Garden Street a close second. The city will be talking with Snyder-Braverman about this in the next few weeks. They feel Garden Street will raise more money faster. Ms. Nowak noted that original thought was to have a 50%-50% residential-commercial split on Market Street. She said it now looks more like 75%-25%. Ms. Blanchard noted there is now discussion about expanding the TIF district possibly to include the UMall area. She felt it was premature to say what the final revenue will be, and it is better to look at each individual project. Mr. Barritt asked when the Allard building will be on the Grand List. Ms. Blanchard said it will be 1 April 2019. It will have an improved value before that. Mr. Dorn added the value will depend on how much of the construction is completed. Mr. Barritt the asked how South Burlington’s TIF performance compares with that of Winooski and Burlington. Ms. Blanchard said she felt South Burlington is in a very good position and doesn’t face some of the issues the other communities faced. South Burlington is in the beginning of receiving revenue and near the end of the ability to incur debt. South Burlington also has a much better credit rating than the other 2 communities. 9. Update on meetings of the Burlington International Airport Technical Advisory Committee related to the Noise Compatibility Program and discussion of possible comments from the Council: Mr. Conner noted that he, Mr. Dorn, Mr. Maille and Ms. Sargent serve on the Technical Advisory Committee. They have had 6 meetings so far, mostly focusing on education and training regarding the noise compatibility plan. Mr. Conner then reviewed the 3 documents involved: the Airport Master Plan from which all other projects stem, the Noise Exposure Maps (NEM) which shows where specific sound levels occur, and the Noise Compatibility Pan (NCP) which is done after the NEM. Mr. Conner noted that the NEM done in 2008 still remains in effect even though the lines have moved. Mr. Chittenden asked if it is thought that the lines will move. Mr. Conner said they are anticipated to move in some manner. Mr. Chittenden asked why they would be doing an NCP is it is about to change. Mr. Conner said they have been asking for the map to be updated as soon as possible. Today, the only eligible program that exists is the buyout program, even though there is strong concern to move away from that program. Mr. Maille said the challenge is that if you have an NEM that is a requisite for an NCP and you need to do another NEM, if you do it, you forego any grant money that might be available under the current NEM. The Airport decided that if three programs are going to be pursued, grant money needs to be gotten now, because if you don’t get it now, it pushes things out to another cycle. In other words, if we wait until October, 2019 when the next NEM would be done, it would push things out 2 years to start a new NCP. In the interest of trying to do something for the community as soon as possible and reasonably estimate the impact of the F35s, Burlington decided to get as much grant money as is available now and then do the new NEM. Mr. Conner noted that the city has advocated for time to digest information and provide feedback, so the review process will probably start in late summer. Mr. Conner added that once the FAA approved the NCP, it will include money for insulation, sales assistance for homeowners, and a process whereby an owner could sell the property and have the program make up the difference between the sales price and the home’s value. Ms. Riehle asked if a berm would be in the plan. Mr. Conner noted the NCP has a series of options (e.g., moving a taxiway, using quieter generators, plus physical improvements on the land). There are a number of opportunities to apply for funding. Mr. Maille noted that an NEM can be done at any time. Mr. Riehle asked if there is an NEM and things change, could it result in a new NCP. Mr. Maille said it could or an existing NCP could be updated. The latter was done in 2007 when the NEM was amended from70 to 65 dbl. Ms. Emery asked is there was a response to the community survey in which the top choice was a sound barrier. Mr. Conner said Mr. Dorn shared the interim results of the survey. The proposed actions are still being reviewed, so there has been no official response. Ms. Emery noted there was a large response to the survey, and “home buyout” was the last choice. Mr. Maille said that a wall would probably affect warm-up noise but not the take-off and in-air noises. Ms. Sargent felt the Airport is downgrading a berm and/or wall. She felt that the Committee is being fed information and that the Airport will do what it wants to do. She urged the City Council to take a stance on this. Ms. Riehle hoped there was more willingness to have a dialogue and more recognition of the issues. She felt Mayor Weinberger was more amenable to finding solutions. Ms. Sargent said the Mayor did listen when she suggested there be an extension of the parking garage instead of being located on top of the garage. Mr. Conner said that over the next few months, the City Council and the Advisory Committee will be asked to weigh in on priority investments. The Council has not taken a formal position on where it wants future programs to go. Mr. Conner also noted that the Committee spent time discussing avigation easements. They are mandatory in some programs and recognize that an airport produces noise. The avigation easements can be modified in some instances or nullified. However, once an easement is selected, it becomes the easement across the board and cannot be changed neighbor by neighbor. Ms. Riehle asked what would happen if the noise goes down. Mr. Maille said the triggers/conditions would have to be written both ways. Mr. Maille said he would advocate that the Committee have the opportunity to “humanize” the conditions and priorities. Mr. Conner noted that the Federal regulations prioritize that homes with the loudest noise are dealt with first, but there can be variations on that. He added that the Airport is providing a tracking system so they will note where noise is coming from. Mr. Maille is advocating that maintenance noise be added to that system. Mr. Maille said this would be an on-line program where people can call in with any complaints. Ms. Sargent said the Airport would have to honest about complaints. She felt nobody complains about noise from commercial planes. Ms. Riehle said Council members can attend the committee meetings. The next one is on 13 March, at 5 p.m. Mr. Conner also urged community members to attend the larger community meetings. 10. Volunteer interview for Development Review Board, Housing Trust Fund and/or City Charter Committee: The Council interviewed the following applicants for committee appointments: Brian Sullivan------------------------- Development Review Board Ian Squirrell--------------------------- Affordable Housing Trust Fund Jonathan Pence---------------------- Development Review Board; Affordable Housing Trust Fund Daniel Seff----------------------------- City Charter Committee Ms. Riehle advised that the Council will make decisions following any additional interviews at the 20 February meeting. 11. Council Discussion regarding proposed new ordinances: a. Parking b. Motor Vehicles c. Poorly Maintained Properties d. Abandoned Properties e. Rental registry and inspections f. Building codes Mr. Bolduc noted these concerns were in the City Council’s work plan. He then indicated the considerations involved in creating the proposed ordinances, including: identifying the problems they are looking to solve, health and safety concerns, getting public/community input, looking at state regulations, identifying other potential remedies, assessing whether the Council has the authority to make the regulation(s), assessing constitutionality, defining a clear purpose statement for the regulations(s), looking at successful models, considering “unintended consequences,” and holding public hearings. Council members then considered each proposed new ordinance: Parking: Ms. Riehle said the problems include cars parked on lawns, abandoned cars, and towing of cars during winter months. Mr. Barritt also noted that his son couldn’t park in front of his house on East Terrace without being ticketed because of the attempt to discourage student parking. With regard to abandoned cars, Mr. Rabidoux said he would add boats, trailers, RVs, etc., being left on city streets It was noted that this winter there is less “heavy‐handed” towing of vehicles during the parking ban unless maintenance is needed. Mr. Chittenden felt this ties in with a rental registry as there are often 8 people living in a unit, each with a car to park. Mr. Bolduc said that action is pursued against the owner of a property when it is known that more than 4 unrelated people are living in a unit. Ms. Nowak cited an instance of an RV with an attached boat parked in front of a house for a month. She cited the danger of children getting into the boat. She also noted that in Burlington people who park on a lawn are ticketed. She also noted that Chief Whipple had said that in Barre you can have only 2 “non‐working” vehicles on a property. Mr. Bolduc said that is the rule in S. Burlington as well. Motor Vehicles: Mr. Barritt noted kids on non‐registered, non‐lighted motor bikes “buzzing” the Cider Mill area. Mr. Bolduc noted that is covered by laws. He added that all the rules regarding motor vehicles will now be together in one place. Poorly Maintained Properties and Abandoned Properties: Mr. Barritt noted properties with a lot of storage which looks bad. Mr. Chittenden said he would like to see mandated fencing when there is a hazard. Mr. Bolduc said that when there is a public danger, Mr. Rabidoux, as Health Officer, can get involved. Mr. Rabidoux said if it is a rental property, there are a lot of options. With single family homes, it is a “quality of life” issue. There is authority when an unsafe structure abuts another property. Ms. Riehle asked about properties where nobody has lived for 10 years. Mr. Rabidoux said there can be a requirement to secure the property so nobody can gain access. Deputy Chief Francis cited an issue with funding to tear down a property when an owner has died and nobody has claimed the property. If you just put fines and liens on the property, nobody will buy it and banks will not finance it. Ms. Nowak cited the lack of adequate trash containers behind some restaurants leading to trash being thrown on the ground. She also noted a local twin-plex house which left its trash bin on the street all winter and just brought the trash out to it. She felt the bin should not be left out indefinitely. Ms. Emery added this is especially true in the city’s right‐of‐way. Ms. Nowak asked about people leaving “free stuff” out all during the summer. Mr. Bolduc said there is enforcement for something in the city’s right‐of‐ way ($1000 plus attorney fees). Ms. Emery felt it was important that people shouldn’t be able to enter an abandoned building. Mr. Rabidoux said as Health Officer he can issue an emergency order and demand a property be sealed. Deputy Chief Francis said such properties should not be “boarded” up, but should be sealed with a clear boarding material. Rental Registry and Inspections: Ms. Riehle said the Council would like to consider this as it might solve some safety issues with older buildings. Mr. Rabidoux noted the state is considering a state rental registry. Currently, if you own more than 2 rental properties, you have to register with the state. Mr. Dorn noted the city has about 3000 rental units. Citing a tragic incident in Burlington, Mr. Chittenden cited the safety concern with rental units. Deputy Chief Francis said Burlington does an excellent job with this. They have far more older buildings than South Burlington does. Mr. Barritt felt there should be a document of “renters’ rights” and whom to contact to get a situation corrected. Mr. Rabidoux noted they do about 50 inspections a year, all generated by renters’ complaints. Mr. Barritt asked about the recourse if a landlord doesn’t correct a situation. Mr. Rabidoux said in South Burlington they usually do fix the problem. He also noted that South Burlington doesn’t have as many “professional” landlords as Burlington does. Mr. Rabidoux stressed that if a situation is of a “life‐safety” nature, Deputy Chief Francis should be contacted. “Health Orders” or “Emergency Health Orders” can be issued. Deputy Chief Francis added that if a situation gets to him, there can be civil fines, and it is generally cheaper to fix the problem. He has never had to impose a fine in South Burlington. Mr. Nowak cited the instance of an owner of various properties who uses an agent locally, and it was hard to contact the owner directly or even find out who the owner is. Mr. Chittenden felt a rental registry made sense in South Burlington. Mr. Barritt suggested starting with a volunteer registry and then making it mandatory later on. Building Codes: Mr. Barritt noted that as a homeowner you can’t verify that a building is performing to its RBES despite what a builder writes on the form.. Deputy Chief Francis said most of the builders in South Burlington are known. He has authority to visit a building site without notice. The challenge is with individual single family homes and with a building not as experienced with building codes who build substandard homes. Multi-family homes are being built to code. Mr. Barritt suggested extending the same authority to single-family homes. Deputy Chief Francis said that is up to the Council. He noted that a number of communities are looking to do this with new single-family homes. Deputy Chief Francis said he and Chief Brent will be coming to the Council soon with something along this line. They are concerned with sub-standard electrical work in single family homes that is not up to code. Ms. Riehle said that to put homeowners in peril is not appropriate. Deputy Chief Francis said it is not more expensive to build things the right way. Ms. Nowak said she was open to anything that will get safer residences. She asked about certificates of occupancy. Deputy Chief Francis said there are 2 types of Cos: one from Planning and Zoning and one from the Fire Marshall that a building meets fire safety standards. Mr. Bolduc will work on preparing the ordinances. 12. Consider convening as South Burlington Liquor Control Board to approve the following application: a. Catering by Dale – 7 Aspen Drive – First Class License Mr. Chittenden moved the Council convene as Liquor Control Board. Ms. Emery seconded. Motion passed unanimously. Ms. Emery moved to approve the first-class license for Catering by Dale as presented. Mr. Chittenden seconded. Motion passed unanimously. Mr. Chittenden moved to reconvene as City Council. Ms. Emery seconded. Motion passed unanimously. 13. Other Business: a. Items Held from Consent Agenda No items were held from the Consent Agenda. b. Other Mr. Dorn asked the Council how it would like to come up with a name for “City Center Park.” He suggested the possibility of a public process, possibly through the Parks/Recreation Committee. Members were receptive to this idea. Mr. Dorn also noted he will be sending members the latest draft of the proposed letter to homeowners. As there was no further business to come before the Council, Mr. Chittenden moved to adjourn. Ms. Nowak seconded. Motion passed unanimously. The meeting was adjourned at 10:37 p.m. Published by ClerkBase ©2019 by Clerkbase. No Claim to Original Government Works. South Burlington Water Dept. Accounts Payable Check Register Date Range: 2/6/2018 to 02/06/18 Date Check No. Paid To Memo Amount Paid 2/6/2018 3319 Champlain Water District 53,461.04 Date Voucher Number Reference Voucher Total Amount Paid 1/31/2018 VI-14454 SBWD-334 53,461.04 53,461.04 2/6/2018 3320 Champlain Water District 96,305.67 Date Voucher Number Reference Voucher Total Amount Paid 1/31/2018 VI-14451 JANUARY 95,471.86 95,471.86 1/31/2018 VI-14453 SBWD-327 833.81 833.81 2/6/2018 3321 FirstLight Fiber 44.85 Date Voucher Number Reference Voucher Total Amount Paid 1/15/2018 VI-14445 3937696 44.85 44.85 2/6/2018 3322 Office Essentials 351.98 Date Voucher Number Reference Voucher Total Amount Paid 1/29/2018 VI-14452 34802 351.98 351.98 2/6/2018 3323 Robert C. Roesler 94.45 Date Voucher Number Reference Voucher Total Amount Paid 1/23/2018 VI-14450 REFUND 94.45 94.45 2/6/2018 3324 Ti-Sales Inc. 1,603.34 Date Voucher Number Reference Voucher Total Amount Paid 1/8/2018 VI-14446 INV0086911 765.00 765.00 1/18/2018 VI-14447 INV0087287 119.28 119.28 1/25/2018 VI-14448 INV0087484 719.06 719.06 2/6/2018 3325 UPS 11.58 Date Voucher Number Reference Voucher Total Amount Paid 1/20/2018 VI-14449 0000432Y2Y038 11.58 11.58 Printed: February 01, 2018 Page 1 of 2 South Burlington Water Dept. Accounts Payable Check Register Date Range: 2/6/2018 to 02/06/18 Date Check No. Paid To Memo Amount Paid Total Amount Paid: 151,872.91 SOUTH BURLINGTON CITY COUNCIL _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ _____________________________________________________ Printed: February 01, 2018 Page 2 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: TIF District Annual Report and Original Taxable Value Certification Date: February 1, 2018 Background: Annual Report. As part of the TIF District program, the City is required to report annually on the status of the South Burlington TIF District. Each Annual Report is on what occurred in the prior fiscal year (in this case FY2017) and on the respective Grand List for parcels within the TIF District (in this case as of April 1, 2016) versus the prior year’s grand list. Staff completes a form which provides a snapshot of changes to parcels within the district, development that has occurred, project expenditures that have been made, debt that has been incurred, VT firms that have been hired by the City, employment that has occurred, and progress towards District criteria. The City also provides a narrative for the report. This narrative is pasted into the excel annual report form; however, for ease of review, the narrative formatted in MS Word has also been provided. Original Taxable Value Certification. Each year the City Assessor certifies the original taxable value of the TIF District as of 2012. This year the City will make a change to the original taxable value to correct an error in the boundary. Currently the Original Taxable Value is listed as $36,228,700. As noted in the Annual Report, a parcel was in 2012 interpreted as inside the district but now has been identified as being located outside the boundary. This will reduce the Original Taxable Value by $1,259,000, the TIF District area by .84 acres, and the number of parcels by 1. This adjustment is expected to be an administrative adjustment. Attachments: • 2016 Annual Report • Excerpted Narrative Recommendation: No action required. I. Municipality & District Reporting Period: Name of Person Completing Report Grand List Year: Title Email Address Telephone Cell Phone Date Report Completed II. OTV Total Acres OTV Total Parcels Current Acres Current Parcels Municipal (General Fund) Homestead Non Residential 1 2 3 4 5 6 Total TIF Revenue 1 2 3 4 5 6 $ 36,228,700 $ 1,654,900 $ 34,573,800 Municipal Homestead- Education Non Residential- Education Tax Increment Financing District Vermont Economic Progress Council Vermont Department of Taxes VEPC Staff Contact Information: Abbie Sherman, (802) 828-3230, abbie.sherman@vermont.gov July 1, 2016 - June 30, 2017South Burlington: City Center TIF District 2016Ilona Blanchard Project Director iblanchard@sburl.com 802-846-4123 1/12/2017 NOTE: All information reported on this form by the municipality must be for the Reporting Period and Grand List Year identified above. Base Data (Original Taxable Value) 106.00 57 Parcel Information 104.21 57 $ 36,228,700 Total Education Taxable Values as of April 1 Tax Rates Applied to the April 1 Grand List 0.4731$ 1.6117$ 39,326,700$ 38,432,390$ 894,310$ 39,326,700$ Municipal Homestead- Education Non Residential- Education Total Education 1.5945$ Increase (Decrease) in Taxable Values (auto-calculated) List Special Municipal Tax Rates -$ -$ -$ -$ -$ -$ 36,777,490$ (33,679,490)$ 3,098,000$ Municipal Homestead- Education Non Residential- Education Total Education TIF Increment Revenue Retained for Reporting Year -$ 3,098,000$ 600-188-14033 600-188-18083, 600-188- 18080, 600-188-18082 600-188-11132 600-188-18108, 600-188- 18109, 600-188-14489 -$ -$ Municipal Homestead- Education Non Residential- Education Total Education Substantial Changes to Individual Parcels Describe Change Reclassification (Homestead to Non-Residential) - parcel 0860-00097 0.4731$ -$ Total Special Municipal Tax Total Municipal (General Fund) & Special Rates -$ -$ District Information TIF District Data Added Market Street, Mary Street, and San Remo Drive Right of Way parcels respectively to OTV at direction of VEPC. This was also reported in the FY 16 narrative. Boundary Update Need to update OTV - parcel erroneously placed in the TIF District, will be removed. Will be on the 2017 GL. Subdivision of 0450-00000 - SBCC, LLC Parcel into (respectively) Lot A, of .66 Acres, Lot B, of 4.01 Acres, and the original parent parcel, now of 28.93 acres including a separately platted dedication parcel for Mary Street. SPAN Number Reports are due on or before January 15, 2018 1/7 III. Public Vote Information. Check the appropriate box. Make sure to provide the date if information has been submitted to VEPC. Yes there were public votes and/or debt obligations during this reporting period. Vote and debt obligation documents were submitted to VEPC. (Enter date submitted) Vote and debt obligation documents are uploaded with this report. Term in Years Interest Rate Terminated1 11 5.60% 2 1 0.00% 3 4 0 0.00% Total No Interest Paid Yes, please provide details. Fees/Other Costs Paid Total Paid IV. 1 2 Minimal activity - discussed project with private sector.-$ Stormwater and Wetland Mitigation -Consolidated stormwater control and quality treatment system including stream and wetland restoration and mitigation. City Center Park/Dumont Park - Create a City Center park with entries and permeable and hardscape trails through the Dumont Park Property and potentially Tributary 3 vicinity serving City Center. Improve stream as necessary to utilize area within the 100 ft. onservation zone, and provide bridge crossings. Add landscaping and furniture to enhance and protect natural area and make park inviting.City Center Park (Dumont & Tributary 3) - Develop passive recreational infrastructure to build value into surrounding developments by providing adjacent greenery and natural area (woods and stream) park infrastructure. -$ Improvements and Funding Improvement Expenditures Total Improvement Expenditure for this report period. The amount paid with Non-TIF Revenues The amount paid with TIF Revenues Of the Total Expenditure listed: Name of Improvement -$ Total Payment for Reporting Period Vote and Debt Obligations Debt Instruments Remaining Principal Balance -$ TotalInterest Existing Debt: No public votes or debt obligations occurred during this reporting period. 11/15/2016 Principal Period (ie. 1/1/2016- 12/31/2026) Infrastructure and Debt Additional Information -$ -$ 340,909 2,950,000$ -$ 460,000$ 3,250,000$ 1/1/2016-12/31/2025Example: Main Street Lights - General Obligation Bond Interfund Loan in anticipation of bond New Debt: 3,750,000$ 500,000$ -$ 2/21/17-2/21/2018 460,000$ -$ 460,000$ -$ -$ -$ -$ -$ Direct Payments. Enter the total amount of any TIF direct payments for improvements made during this period.-$ 460,000$ Refinancing. Was any portion or all of the TIF District debt refinanced during this reporting period?Annual Debt Service Principal Paid -$ -$ -$ -$ -$ -$ 460,000$ -$ -$ 460,000$ Additional Information The Vote documentation was submitted to VEPC on 11/15/2016. The documentation of the first debt incurred was submitted to VEPC on 3/8/2017. VEPC provided notice to the VT Department of Taxes on 3/8/2017 that the City has triggered the 20-Year retention period of TIF increment starting withthe Grand List for April, 2017. 2/7 Closed1 2 3 4 5 6 7 8 9 10 11 Recreation Impact Fee (City Special Fund) $ 110,030 $ 110,030 CCRPC - Williston Road Streetscape (Federal, 2016) $ 100,000 $ 63,444 $ 17,398 The amount paid with Education RevenueList and describe the related cost(s) $ - $ - $ - $ - $ 2,120,451 $ 1,877 $ - $ 68,529 $ 188,740 $ 321,938 $ 2,002 $ 19,117 $ 7,867 $ 1,297,788 $ 578,812 The amount paid with Municipal Revenue Total Cost for this report period. Total General Fund (all years) Market Street Federal Grants (2010) Roadway Impact Fees (City Special Fund) $ 2,200,000 $ 7,867 $ 5,485,695 $ 578,812 $ - $ - Non-TIF Revenues Reported under Improvement Expenditures Related Costs $ 8,533,680 CCRPC - Pedestrian Bicycle X-ing over I-89 Exit 14 (Federal, 2017) $ 51,276 $ 43,392 $ 43,392 $ - $ - 2 3 4 5 11 Concluded Phase I design, TIF financing approved, Phase II wetland permit submitted. Minimal activity - discussed project with private sector, but no land was secured. Advanced intersection design to 60%. Continued ROW acquisition, and received wetland permits. Continued - made offers on land. Central Urban Park - Install a Central Green surrounded by Festival Streets on two sides of the Central Green that may be closed for events. Will include walkways, pedestrian oriented lighting, landscaping, and possibly an open air structure such as for markets. Garden Street - Design, obtain right-of-way for and construct a street between Dorset Road at the Healthy Living access drive to Midas Drive, reconstruct Midas Street as needed as a commercial street and reconstruct the White Street/Williston Road intersection so that it functions as a standard cross intersection. Market Street - Reconstruct Market Street from Dorset Street to Hinesburg Road. Street will be reconstructed with a streetscape, utility infrastructure, and street furniture. Recreation Center - This center will provide an indoor multi-generational recreation facility for the community and surrounding area. The center will feature an indoor gymnasium, food prep, multi-purpose activity space, class and meeting rooms, locker rooms, storage, offices and separate program areas for preschool, teens, and senior citizens, and performance space. 85,451$ -$ 2,002$ -$ -$ -$ 178,311$ 76,070$ 87,453$ -$ 178,311$ 76,070$ 768$ 99,888$ 321,938$ 421,825$ Check Total Amount Utilized this Period Total 162$ 606$ Reserve Fund (City Funded each year, established 2013) $ - $ - $ - $ - $ 321,938 8 421,825$ Sources of Non-TIF Revenues Total Amount Secured for Each Source Total Amount Utilized to Date Pedestrian/Bicycle Bridge over I89 - Design and build a pedestrian/bicycle bridge over I-89 in the vicinity of Williston Road so that these alternative modes are not crossing four accesses to I-89 and traveling directly adjacent to traffic. Intiated - held public outreach meetings and analyzed alignment and options for improvement as part of scoping.12,625$ 43,392$ 56,017$ 10 Library - Provide a downtown Public Library separate from the High School as an integral part of the community by providing informational resources for educational and recreational needs of the community in an atmosphere that is welcoming and accessible to all, where communication of ideas, enlightenment of its citizens and personal enrichment can occur. Continued - made offers on land.162$ 799$ 961$ 9 Municipal Building - Construct a downtown City Hall which includes City functions related to the City Manager's Office, City Clerk, Planning and Zoning, and the Tax Assessor's Office. Continued - made offers on land.27$ 472$ 499$ 6 Williston Road Streetscape - Build streetscape on Williston Road from Dorset Street to Hinesburg Road, north and south side to reduce pedestrian/bicycle vehicular conflicts, reduce the number of access points, and make alternative mode facilities more comfortable and safe. In the future, this roadway will serve as a gateway to City Center. Continued scoping.1,462$ 20,285$ 21,747$ 7 Public Parking - Build a public parking garage to serve parking needs in City Center. No activity.-$ -$ -$ 3/7 1 2 3 4 5 6 V. -$ -$ No development to date. No development to date. Dorset Square Associates (Blue Mall) - A portion of the Dorset Square Associates is available for redevelopment on Dorset Street. Mary Street LLC (Russell Properties Only) - 40,000 to 50,000 square feet to be developed as a hotel or residential housing. -$ Total Check -$ Performance Indicators Standard Real Property Development South Burlington City Center - Approximately 800,000 square feet to be developed over 20 years. Conceptualized several years ago as 50% commercial, likely to be 75% residential, 25% commercial if built now. The 800,000 square feet may include 75,000 square feet of institutional development (non-taxable). -$ Snyder-Braverman LLC submitted a Vermont wetland individual permit application to ANR to develop the site after protracted negotiations with ANR and the Army Corp of Engineers. They continued work to prepare to redevelop the northwestern most portion of the site with a Cathedral Square senior living/commercial development, including submittal of subdivision of the parcel. Estimated investment: $180,000. 1 Malone Properties (Trader Joes and Healthy Living) - Malone Properties is obtaining permits to develop 12,800 square feet of retail for a Trader Joes and 14,000 square feet for retail and office tenants to be determined. Should market demand in the area increase and parking/stormwater be resolved there may be infill development. -$ Developed.2 3 4 -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ $22,745 - Legal - TIF Vote, Bond Preparation & Development Agreements - Will be paid with both once we have TIF Revenue & respective tax rates to be able to divide $6,814- Outreach - Public and Developer Information/Education RE: TIF District and Vote - Will be paid with both once we have TIF Revenue & respective tax rates to be $2800 - TIF Audit 6 Poon Trust LLC - Approximately 60,000 square feet to be development as residential, with commercial on the ground floor should the market support it. No development to date. -$ 5 Various San Remo Drive Properties - 120,000 square feet to be developed in multiple projects on non-designated San Remo Drive properties to meet existing business expansion needs or accommodate new businesses. Most would be 3,000-4,000 SF, with one or two full scale redevelopments on larger parcels such as owned by Champlain Oil, Champlain Farms or PC Construction. No development to date. -$ 8 Chastenay Estates - Approximately 100,000 square feet of residential development is likely to occur on this parcel. No development to date. -$ 7 Sonrise Partnership - Approximately 66,000 square feet of infill apartment development. No development to date. -$ 4/7 1 1 2 2 3 3 4 4 5 5 6 6 7 7 8 8 9 9 10 10 11 11 12 12 Additional Information Subcontractors Include: SE Group and Engineering Ventures. Three artists were paid $500 honorariums in the Public Art selection process for the Market Street: Vendituoli Limited, Herb Ferris and Billings/Wasserman. VHB performed work in the New Hampshire office and in the South Burlington office. New Employees were reported in the 2014 report. Total Jobs Created 0 Total amount of work performed 21,629$ 11,686$ 1,083$ 1,245$ 3,935$ -$ -$ -$ -$ Rocheleau Legal Services Stitzel Page & Fletcher, PC Aldrich + Elliot Mike Bald Tilson Total Amount of Work Performed 431,858$ 0 0 0 0 0 0 0 0 0 Name of Vermont Firm 0 0 -$ Total Employment Opportunities Service: In FY 2017 two new service businesses opened in the Blue Mall, filling existing vacancies: Bueno Y Sano, a burrito café, and Eco Bean + Juice, a rice/noodle bowl and juice café staffed by multiple personnel. As both businesses have other locations in Chittenden County, it is unclear whether additional management level positions were created. Additional Information No new jobs were created as a result of new buildings completed or occupied during the reporting period. New employees were reported in the 2014 Annual Report. Mandated Jobs Created Number of jobs created NAICS Code Vermont Firms VHB 78,912$ Landworks 81,714$ Stantec 231,654$ 0 9 South Burlington School District - There is sufficient land area on this site that an infill building of approximately 70,000 square feet could be located on this property. No development to date. -$ 5/7 TIF District Specific Transportation Enhancements The City advanced three projects: Market Street, Garden Street (intersections on Williston Road) and the Williston Road Streetscape. One additional project was initiated: Bicycle/Pedestrian Improvement over I-89 Exit 14 at Williston Road. Business Development This criteria was met with the opening of Trader Joe's. In FY 2017, Bueno Y Sano and Eco Bean + Juice opened in existing (renovated) buildings. 6/7 VI. Additional Information Narrative Report FY 2017 (GRAND LIST YEAR 2016) NARRATIVE OVERVIEW OF FISCAL YEAR 2017 (GRAND LIST APRIL 1, 2016) The South Burlington City Center TIF District in Fiscal Year 2017 saw growth in the grand list, the initiation of one additional infrastructure project, and a successful vote on TIF District Financing. The City issued the first debt in early 2017, triggering the TIF District within the initial five years of the District. The 20 year retention period will begin with taxes collected on the April 1, 2017 Grand List (FY2018). TIF DISTRICT BOUNDARY AND PARCELS During this year, a housekeeping boundary adjustment was made to the northern edge of the TIF District. Two parcels, then outside the TIF District, as defined under land development regulations were identified as under the same ownership as the adjoining parcels within the TIF District. Under the Tax Department definition of parcel, adjoining land under the same owner are one parcel, and, since the TIF Rule clarified that the Tax Department definition is to be used, these parcels were incorporated into the TIF District. Parcel adjustments reported on in prior reports were made affecting the 2016 Grand List Parcel Report: a. Upon the request of VEPC staff three parcels representing right-of-way were added to the OTV base acreage including 0450-0000 (Market Street) with 5.26 acres, 1120-0000 (Mary Street) with .5 acres, and 1490-00000 (San Remo Drive) with 2.33 acres. This increased the total acreage within the TIF District by 8.09 acres. This was reported on in the 2015 Annual Report narrative and updated in the OTV but not in the Substantial Changes to Individual Parcels. It has been incorporated into the 2016 Grand List. b. 0.60 acres of a parcel of land that was listed as wholly owned by the School District in 2015 but was actually was owned in part by the City (having been previously purchased for future Garden Street right-of-way). This was separated out as and represented with the City listed as the owner. It still has the same parcel number as it has never been subdivided. The parcel is 0450-00010, and the acres owned by the City were subtracted from the portion of the parcel owned by the South Burlington School District. This was reported in the FY 2015 Report and included in the April 1, 2016 Grand List as billed. The OTV remains the same for value, acreage and parcels. c. With the completion of the Blackbay Ventures VII project, the 911 address, and subsequently the parcel number, was adjusted from 135 Hinesburg Road to a 505 Market Street address and that the land is now associated with parcel number 0450-00505 instead of 0860-00135 which became inactive. This was reported in the FY 2015 Report and included in the April 1, 2016 Grand List as billed. Additional adjustments were made during the annual reporting period but do not show up on the 2016 Grand List and were not described in the Annual Report data sheets: a. Snyder-Braverman, LLC, as part of the development of Allard Square, initiated the project filing an application for a preliminary and final plat of a five plus acre portion of 0 Market Street (0450-00000). This divides the 5.15 acre portion into three lots, including the right of way for Mary Street, 146 Market Street, and the remainder of the land up to where the Rick Marcotte Central School access road meets Market Street. The decision and this activity occurred in Fiscal Year 2017, but the plat was not filed until FY 2018. Span #s have been assigned for the two new lots, but not the right of way for Mary Street which is anticipated to move over to that parcel once accepted by the City. b. In the process of acquiring Right of Way for Market Street, the owner clarified, and the City confirmed through a title search, an error in the interpretation of parcel boundaries for properties owned by Tekram and Century Partners. The land believed to be parcel 0450-00004, while listed in the OTV, is not where it was interpreted as being and is actually part of 0540-00100. 0540-00100 is a larger parcel, with the majority wholly outside the district located on Dorset Street north of the District. Since a parcel cannot be inside and outside the district, after discussion with and approval from Fred Kenney, the VEPC Executive Director, 0450- 00004 was removed from the OTV prior to the City “locking down” the OTV within NEMRC, the City’s property tax parcel accounting system. This change was not in effect as of the April 1, 2016 Grand List. The City was also showing the future right-of-way for Garden Street (0689-00000) and at the time owned by Loja as inactive with the acreage represented in parcel 0570-00200, and upon the recommendation of the City’s auditor we had reported in the 2015 Annual Report that it would become active. Under state regulation, tax assessors are to consider all adjacent parcels under the same ownership as being the same parcel, although they may be subdivided and platted as different parcels. Thus, the City is keeping this parcel marked as inactive with all value and acreage in the adjoining or “parent” parcel. There are many parcels in this condition within the TIF District – accounted for as separate parcels when PVR requires them to accounted for as one parcel. The decision to make the change to the City’s NEMC property tax records was taken on June 28, 2017. At the time, the TIF needed to be “locked down” and tax bills issued, so, upon discussion with PVR, it was determined that City will make all contiguous parcels inactive if they are under the same ownership within the TIF District over the 2018 Fiscal Year. INFRASTRUCTURE PROJECTS AND COSTS Market Street – In FY 2017 the City advanced the Market Street reconstruction project, obtaining key pieces of right-of-way. This cleared the path to acquire the remainder through a Necessity process. The City also received environmental permits from state and federal permitting agencies, and selected and commissioned 7/7 SOUTH BURLINGTON CITY CENTER TIF DISTRICT ANNUAL REPORT NARRATIVE EXCERPTED FROM REPORTING FORM FY 2017 (GRAND LIST YEAR 2016) 1 OVERVIEW OF FISCAL YEAR 2017 (GRAND LIST APRIL 1, 2016) The South Burlington City Center TIF District in Fiscal Year 2017 saw growth in the grand list, the initiation of one additional infrastructure project, and a successful vote on TIF District Financing. The City issued the first debt in early 2017, triggering the TIF District within the initial five years of the District. The 20-year retention period will begin with taxes collected on the April 1, 2017 Grand List (FY2018). TIF DISTRICT BOUNDARY AND PARCELS During this year, a housekeeping boundary adjustment was made to the northern edge of the TIF District. Two parcels, then outside the TIF District, as defined under land development regulations were identified as under the same ownership as the adjoining parcels within the TIF District. Under the Tax Department definition of parcel, adjoining land under the same owner are one parcel, and, since the TIF Rule clarified that the Tax Department definition is to be used, these parcels were incorporated into the TIF District. Parcel adjustments reported on in prior reports were made affecting the 2016 Grand List Parcel Report: a. Upon the request of VEPC staff three parcels representing right-of-way were added to the OTV base acreage including 0450-0000 (Market Street) with 5.26 acres, 1120-0000 (Mary Street) with .5 acres, and 1490-00000 (San Remo Drive) with 2.33 acres. This increased the total acreage within the TIF District by 8.09 acres. This was reported on in the 2015 Annual Report narrative and updated in the OTV but not in the Substantial Changes to Individual Parcels. It has been incorporated into the 2016 Grand List. b. 0.60 acres of a parcel of land that was listed as wholly owned by the School District in 2015 but was actually was owned in part by the City (having been previously purchased for future Garden Street right-of-way). This was separated out as and represented with the City listed as the owner. It still has the same parcel number as it has never been subdivided. The parcel is 0450- 00010, and the acres owned by the City were subtracted from the portion of the parcel owned by the South Burlington School District. This was reported in the FY 2015 Report and included in the April 1, 2016 Grand List as billed. The OTV remains the same for value, acreage and parcels. c. With the completion of the Blackbay Ventures VII project, the 911 address, and subsequently the parcel number, was adjusted from 135 Hinesburg Road to a 505 Market Street address and that the land is now associated with parcel number 0450-00505 instead of 0860-00135 which became inactive. This was reported in the FY 2015 Report and included in the April 1, 2016 Grand List as billed. Additional adjustments were made during the annual reporting period but do not show up on the 2016 Grand List and were not described in the Annual Report data sheets: a. Snyder-Braverman, LLC, as part of the development of Allard Square, initiated the project filing an application for a preliminary and final plat of a five plus acre portion of 0 Market Street (0450-00000). This divides the 5.15 acre portion into three lots, including the right of way for Mary Street, 146 Market Street, and the remainder of the land up to where the Rick Marcotte Central School access road meets Market Street. The decision and this activity occurred in Fiscal Year 2017, but the plat was not filed until FY 2018. Span #s have been assigned for the two new lots, but not the right of way for Mary Street which is anticipated to move over to that parcel once accepted by the City. b. In the process of acquiring Right of Way for Market Street, the owner clarified, and the City confirmed through a title search, an error in the interpretation of parcel boundaries for properties owned by Tekram and Century Partners. The land believed to be parcel 0450-00004, while listed in the OTV, is not where it was interpreted as being and is actually part of 0540- 00100. 0540-00100 is a larger parcel, with the majority wholly outside the district located on Dorset Street north of the District. Since a parcel cannot be inside and outside the district, after discussion with and approval from Fred Kenney, the VEPC Executive Director, 0450-00004 was removed from the OTV prior to the City “locking down” the OTV within NEMRC, the City’s property tax parcel accounting system. This change was not in effect as of the April 1, 2016 Grand List. The City was also showing the future right-of-way for Garden Street (0689-00000) and at the time owned by Loja as inactive with the acreage represented in parcel 0570-00200, and upon the recommendation of the City’s auditor we had reported in the 2015 Annual Report that it would become active. Under state regulation, tax assessors are to consider all adjacent parcels under the same ownership as being the same parcel, although they may be subdivided and platted as different parcels. Thus, the City is keeping this parcel marked as inactive with all value and acreage in the adjoining or “parent” parcel. There are many parcels in this condition within the TIF District – accounted for as separate parcels when PVR requires them to accounted for as one parcel. The decision to make the change to the City’s NEMC property tax records was taken on June 28, 2017. At the time, the TIF needed to be “locked down” and tax bills issued, so, upon discussion with PVR, it was determined that City will make all contiguous parcels inactive if they are under the same ownership within the TIF District over the 2018 Fiscal Year. INFRASTRUCTURE PROJECTS AND COSTS Market Street – In FY 2017 the City advanced the Market Street reconstruction project, obtaining key pieces of right-of-way. This cleared the path to acquire the remainder through a Necessity process. The City also received environmental permits from state and federal permitting agencies, and selected and commissioned artwork for the public art component of the project in compliance with the City Center public art policy. This project had expected to break ground in 2016 in the Financing Plan and is now expected to break ground in 2018. Garden Street – In FY 2017, the City brought the construction drawings for the two intersections – Williston Road and White Street/Midas Drive and Williston Road and Hinesburg Road/Patchen Road to the 60% level. This project had expected to be shovel ready in 2016 in the Financing Plan and is now expected to be shovel-ready in 2019. City Center Park: Dumont Parcel (Phase I) – The City obtained a state wetland permit, completed the construction set for Phase 1 and brought an inspection firm on board to complete the Bid Docs in order to bid out the project. During this year the City also developed an innovative volunteer and professionally run initiative “Weed Warriors” to begin the eradication of invasive buckthorn, honeysuckle and multiflora rose from the park in compliance with the City’s wetland permit for construction. The City also began the application process for a stormwater grant to offset costs associated with gravel wetlands that are proposed to improve water quality of stormwater flowing off infrastructure adjacent to but not within the park that is affecting the stream within the park. No date was set for this project in either the original Plan or the Finance plan, however, Phase I will be complete in 2018. Phase II wetland permitting was initiated and will be completed at the time the private development on the north side of the park is underway as part of the private project. Community Facilities: Library, Recreation Center, City Hall – The City met with property owners, and used legal services, including putting in offers to continue to work to acquire property within City Center. At the time of application, the City had expected to have this portion of the project complete by 2017, however, at this time the City plans to complete these structures by 2020. Williston Road Streetscape Project – Chittenden County Regional Planning Commission in partnership with the City worked on wrapping up the scoping for this project. During this time, the City also put together a VTrans Federal Aid grant application for 50% of costs to complete the south side of this project – from Dorset Street to Midas Drive. This project was expected to be completed in 2017 in the original District plan although this date softened in the Financing Plan. The City is applying for a federal grant which will require that Phase I be complete by 2022. Pedestrian Bicycle Improvement over I-89 Exit 14 Interchange - Chittenden County Regional Planning Commission in partnership with the City launched this project with intensive public outreach. Several alignments and options were considered and the alternatives were narrowed, eventually down to two bridge options. A meeting was scheduled with VTrans to further discuss these alternatives. This project is on track for construction potentially in 2021 or 2022. Stormwater/Wetland Mitigation – This project has been initiated, however, private sector partners do not yet exist to complete the project, originally anticipated for 2017. Structured Parking – This project has not yet been initiated. Urban Park – This project has not yet been initiated. REAL PROPERTY DEVELOPMENT PROJECTS All projects that have occurred to date have been developed as a result of the District or at a higher value than originally envisioned (in the case of the Trader Joe’s). The private sector to date has been willing to invest above the value of typical suburban development due to the investments the City is making in infrastructure to catalyze the development of a new downtown for South Burlington. In addition to the Trader Joes (completed in 2014), and the Pier 1 (completed in 2014), 505 Market Street (formerly 135 Hinesburg Road) was developed by Blackbay Ventures and opened in 2016 (FY2016), fully leased. The full, assessed value of this project appeared on the Grand List for the first time on April 1, 2017. Tesla also built a supercharger station at Healthy Living Market. This decision was made based on the plans for City Center supported by the TIF District in addition to the location close to the highway. Snyder-Braverman, LLC, a development company, has contracted with South Burlington Realty to option the bulk of the South Burlington City Center, LLC property (0 Market Street). Over this year they have been working with various permitting agencies regarding permitting the environmental impacts of the project. Simultaneously, they received an Act 250 jurisdictional opinion that the proposed Cathedral Square project (Allard Square) was not subject to Act 250 review. This project has been advanced separately from the remainder of the 33 +/- acre parcel. In FY 2017, Snyder-Braverman, LLC submitted a Preliminary and Final Plat application to divide an approximately 5-acre lot into three parcels (including a ROW parcel), a wetland encroachment application, and a site plan application for a four-story mixed- use project at 146 Market Street on behalf of Cathedral Square - Allard Square. Allard Square is a four story, 39-unit senior housing development with commercial on the ground floor. It also includes the connection of Market Street to Williston Road via Mary Street. This first project from Snyder- Braverman, LLC broke ground in FY 2018. The City has a draft development agreement policy and has held many meetings with potential developers, but these negotiations have not yet resulted in a specific development agreement. The Poon Trust owns a building on a two-acre lot which has been vacant for over a year. At the end of the 2017 fiscal year, the owner applied to renovate their commercial building at 5 Market street to house 5 apartment uses and one commercial space. DEBT OR RELATED COSTS INCURRED, THE AMOUNT OF INCREMENTAL PROPERTY TAX REVENUES GENERATED, AND LEVELS OF DEBT PAID In late February of 2017, the City triggered the first debt in the TIF District with an interfund loan for $460,000. This loan was in anticipation of the full amount of debt authorized by the voters in November of 2016 and anticipated to be taken out in 2017. VEPC was notified in accordance with 24 VSA 1894(b) in early March. This established that the first year of the 20-year retention period would be FY18 on the April 1, 2017 Grand List. VEPC was provided the debt obligation documents on Wednesday, March 8, 2017. Related cost were incurred in the amount of XXXX. These costs were primarily for legal and public education costs related to the November vote on debt for TIF District projects, legal costs related to incurring debt, legal costs for TIF District private development/infrastructure agreement negotiations, and costs to audit the TIF District. No incremental property tax revenues were collected in FY 2017 as the retention period had not yet begun. No debt was repaid in FY 2017. REVENUE SOURCES INCLUDING REVENUE FOR TIF FINANCING NON-ELIGIBLE PORTIONS The City has a mix of revenue sources for TIF District projects. As all projects are in the pre-construction phase, these cover soft cost. The City has federal funds for Market Street through earmarks from the 2000s. The City is also receiving Federal funding for the Williston Road Streetscape Project and the Pedestrian and Bicycle Crossing over Exit 14 (I-89 at Williston Road) via the Chittenden County Regional Planning Commission Unified Planning Work Program. In 2017 the City used highway impact fee funds for Market Street, Garden Street, and the Williston Road Streetscape and limited recreation impact fees for City Center Park. In this year the City also initiated applications (submitted in FY2018) to the State for Federal Aid funding for the Williston Road Streetscape project and an application for ERP stormwater funding for the City Center Park. The City has also used reserve funds for the City share of costs related to City facility projects. In FY 2017, the City contributed $735,000 to the reserve fund. PERFORMANCE MEASURES BASED ON PROJECT CRITERIA A, D AND E The City of South Burlington is documented as having met Project Criteria A at the time of TIF District Application Approval and no performance measures are associated with this criteria. In 2014, as reported in the 2014 Annual Report for the reporting period between January 1, 2014 – June 30, 2014, the City met Criteria D when two new business opened (several new businesses have opened since), Trader Joe’s (expanding to Vermont), which has at least one full time employee that meets the definition of new, quality jobs in the TIF District and Pier 1. One additional business has opened in a new building: Pier 1 (also expanding to Vermont). Several other businesses have opened in the TIF District – some in spaces which had long been vacant such as Hana (a new Japanese restaurant). Several businesses have opened in recent vacancies in existing buildings. In April of 2016, a new Bikram yoga studio, Queen City Bikram Yoga, opened in an existing building on San Remo Drive. Most recently, in the summer of 2016 Bueno Y Sano opened a new location in the Blue Mall. Eco Bean + Juice expanded from their original Burlington Pine Street café to add a second location in the Blue Mall. The City is on track to improve transportation options within and to the TIF District (Criteria E) with four transportation projects underway, one of which is scheduled to begin construction in 2018.