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HomeMy WebLinkAboutTrans 2009-08-17 Item 3B - Discussion - Tukwila Urban Access (Klickitat) Improvement / Local Improvement District Formation ScheduleTO: City of Tukwila Mayor Haggerton Transportation Committee FROM: Public Works Directoy DATE: August 12, 2009 Westfield Mall Wig Development LLC La Pianta LLC DISCUSSION Jim Haggerton, Mayor I 1 II �I 1 VI I I%. 4 11 I Y I i VI %JI P I 11vvIV SUBJECT: Tukwila Urban Access Improvement Project (Klickitat) Project No. 84 -RW19 LID Formation Schedule ISSUE Proposed schedule and steps for the Local Improvement District formation. BACKGROUND The history on this project is quite extensive, as it has been ongoing for many years. Specific to the financing, staff has aggressively pursued grant funds in addition to other funding sources. In 2005, the Transportation Improvement Board informed the City that in order to be competitive for TIB grant funding, formation of an LID was strongly recommended. In response to the TIB, the City retained Macaulay Associates to prepare an LID Feasibility Report, a Preliminary Special Benefit/Proportional Assessment Study, and Preliminary Assessment Roll. Because of the City's demonstrated commitment to forming an LID, Tukwila was successful in obtaining a $5 million grant from the TIB. The Preliminary Assessment Roll is nearly complete and will be presented to the Council for action in September. Throughout the Preliminary Engineering phase of this project, the City has pursued getting No- Protest Agreements from property owners as development has occurred. These agreements state that the property owner will not protest the formation of an LID for the Klickitat project. The property owner can protest the Final Assessment Roll amount. No- Protest Agreements have been signed by: Forming an LID involves many different steps that must be taken in very specific order and adhere to very specific notification schedules. In 2006, the City retained Foster Pepper PLLC for Bond Counsel services. The City Attorney's office, through Kenyon Disend staff, will be providing Special Counsel services related to the LID formation. A detailed schedule of steps to be taken has been developed with the aid of the City's legal counsel team. The proposed schedule includes an extra step not required to meet legal guidelines the Open House for property owners, business owners, and tenants of the LID area. Although this schedule does not show all the remaining steps necessary to get the project out to bid this fall, this aggressive schedule shows the key milestones that must be met to form the LID. Without the LID, the funding package for the Klickitat project is incomplete. Without the rest of the I INFORMATIONAL MEMO Page 2 funding in place so that the project can be advertised for construction, over $8 million in grants which have already been awarded to this project will become unavailable for use. Grant funding agencies have been hit as hard as anybody else in this difficult economic climate, and projects unable to go to construction this year or next will have the funding cancelled and reassigned to projects which can be built. The proposed schedule, showing only key milestones, is shown below. 8/17 8/28 19/4 9/8 9/14 9/21 I 10/2 10/5 10/12 10/19 11/1 -11/15 12/16 -12/31 January 2010 January- February 2010 February-March 2010 March November 2010 November 15, 2010 RECOMMENDATION Information Only. ATTACHMENTS None. Transportation Committee Inform TC of LID schedule and steps Open House Open House for property owners, businesses and tenants I Notification to Property Owners For Public Hearing on Resolution to Form LID I Transportation Committee Resolution of Intent to Form LID Committee of the Whole (COW) Resolution of Intent to Form LID City Council (regular session) Public Hearing and adoption of Resolution of Intent to Form LID I Notification to Property Owners For Public Hearing on Ordinance to Form LID I Transportation Committee Ordinance to Form LID Committee of the Whole (COW) Ordinance to Form LID City Council (regular session) Public Hearing and adoption of Ordinance to Form LID Bid Documents PS &E on street for bids, 4 week time period (3 weeks required by federal funds, 1 week extra for holiday) I Bids Due Transportation Committee Recommendation for award of contract to successful bidder City Council (COW and regular session) Award of Contract Notice to Proceed to successful bidder Construction of project Roadway open to traffic, substantial completion of construction done W:1PW Eng\OId P drive \Cyndy \Klickitat \INFORMATION MEMO LID Formation Proposed Schedule 8- 12- 09.doc