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HomeMy WebLinkAbout2014-03-18 Finance and Safety Minutes City of Tukwila Finance and Safety Committee FINANCE AND SAFETY COMMITTEE Meeting Minutes March 18, 2014 5:30 p.m.; Hazelnut Conference Room PRESENT Councilmembers: Verna Seal, Chair; Joe Duffie, Kathy Hougardy Staff: Derek Speck, Brandon Miles, Katherine Kertzman, Meagan McGuire, Ashley Comar, Kristina Thorne, Don Tomaso, Peggy McCarthy, Vicky Carlsen, Laurel Humphrey Guests: Jeff Robinson, City of SeaTac; Mike Schabbing, Marriott; Maureen Huffman, Embassy Suites; Wendy Morgan, SeaTac Resident CALL TO ORDER: Committee Chair Seal called the meeting to order at 5:32 p.m. I. PRESENTATIONS No presentations. II. BUSINESS AGENDA A. Interlocal Agreement: Tourism Promotion Area Staff is seeking Council approval for the Mayor to sign an Interlocal Agreement (ILA) with the Cities of SeaTac and Des Moines for the creation of a Tourism Promotion Area (TPA). The Council adopted a motion in support of forming the TPA in April 2013, and since then staff members from the three cities have been negotiating the terms of the ILA. The primary terms of the proposal are summarized as follows: 1) Tukwila will transfer its legislative authority to the SeaTac City Council for the purpose of forming the TPA. 2) SeaTac is responsible for the formation of a Public Development Authority (PDA). 3) Tukwila will provide a portion of its lodging tax revenue to the PDA, with specific amounts specified per year. The ILA does not create a contractual obligation to provide these amounts. 4) The initial term of the ILA is twenty years, but there is a provision that a city may withdraw, ce the agreement has been in effect for four years. 5) Any city can inspect the records of the PDA. 6) Tukwila will transfer existing assets and intellectual property to the PDA at no cost. 7) The ILA creates little to no liability for Tukwila with regard to administration of the TPA and its funds. Staff recommends the ILA be signed with the terms outlined above, and provided a reminder that services provided by Seattle Southside Visitor Services will transition to the PDA and SSVS will eventually cease to exist as a City department. However, SeaTac and Tukwila are committed to operating SSVS until the PDA is fully functional. Committee members were comfortable with the changes made to the duration of the ILA since the July 16, 2013 Finance and Safety Committee meeting, and were supportive of the overall UNANIMOUS APPROVAL. FORWARD TO MARCH 24, 2014 COMMITTEE OF proposal. THE WHOLE. Finance & Safety Committee Minutes March 18, 2014 Page 2 B. Ordinances: Fire Code, Fire Sprinkler, and Fire Alarm. Staff is seeking Council approval of ordinances to amend Tukwila Municipal Code Chapters 16.16 (International Fire Code), 16.40 (Fire Alarm Systems), and 16.42 (Sprinkler Systems), with notable changes summarized as follows: Adoption of the 2012 International Fire Code with certain exceptions and amendments applicable to Tukwila; New language addressing adequate emergency service response capability with regard to automated entry gates and traffic calming devices; Requirement for construction documentation for the installation of liquid propane containers holding more than 250 gallons; Added section requiring standby personnel in the event of problematic systems or systems out of service; New short term permit fee of $25.00 for food vendors desiring to use liquid propane or open flame cooking at events not exceeding three consecutive days; Added language designed to aid contractors with interpretations and installation guidelines for alarm systems; New requirement for attic heat detection; Outline of an appeals process involving the City Hearing Examiner; Corrections relating to residential fire sprinklers; Other clarifications and non-substantive housekeeping items as shown in markup. Committee members asked clarifying questions and were supportive of the proposed UNANIMOUS APPROVAL. FORWARD TO MARCH 24, 2014 ordinances moving forward. COMMITTEE OF THE WHOLE. C. Resolution: Reimbursement from Bond Proceeds for Interurban Avenue South Project Staff is seeking Council approval of a Resolution that declares intent to reimburse the City from bond proceeds for certain expenditures related to the Interurban Avenue South Project. This project consists of design and construction of sidewalks, pavement rd restoration, drainage and lighting in Interurban Avenue South between South 143 Street and Fort Dent Way, funded by a combination of federal, state, bonds and City funds for a total of $11.6 million. Final design was completed in 2013 and construction is scheduled for this year. The project is going to bid soon but the bonds will not be sold until this fall, and with this Resolution in place, the City can be reimbursed certain costs. The City UNANIMOUS APPROVAL. anticipates selling a maximum of $3.5 million in bonds. FORWARD TO APRIL 7, 2014 CONSENT AGENDA. th D. 2013 4 Quarter Cash and Investment Report th Staff presented the 4 Quarter Cash and Investment Report for 2013, including information portfolio components, performance, policy compliance and liquidity analysis, fund cash and investment balances, and investment environment. At December 31, 2013, the portfolio totaled $46.5 million comprised of $39.6 million in cash and cash equivalents and $6.9 in longer term investments. This represents a $9 million increase from the December 31, 2012 balance of $37.5 million, due in part to the sale of bonds for Local INFORMATION ONLY. Improvement District No. 33. Finance & Safety Committee Minutes March 18, 2014 Page 3 th E. 2013 4 Quarter Sales Tax and Miscellaneous Revenue Report Staff presented the 2013 4th Quarter Sales Tax and Miscellaneous Revenue Report. Information detailed in the staff report includes retail sales tax, gambling tax, and admissions tax revenues, with sales tax broken out by industry classifications. Total sales tax collections for the fourth quarter were $49,000, or 4%, above those for the same period last year. Gambling tax revenue is up by approximately 14%, and Admissions Tax is up by about 14%. The City collected $1,122,631.00 in sales tax mitigation as of December 31. INFORMATION ONLY. F. Committee Goals This item was postponed. III. MISCELLANEOUS Meeting adjourned at 6:18 p.m. Next meeting: Tuesday, April 8, 2014 5:30 p.m. Hazelnut Conference Room Committee Chair Approval Minutes by LH