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HomeMy WebLinkAboutRFA 2015-10-28 Item 5 - Handout Distributed at Meeting - Kent Regional Fire Authority Capital Plan / Tukwila Service Area Benefit Charge FormulaKFDRFA CAPITAL PLAN FOR TUKWILA POST ANNEXATION Capital Consolidation Direction — 2016 through 2035 Post Annexation The KFDRFA Plan addresses the current need for capital facilities and equipment that will be required to sustain fire services and replace fire stations identified for improvements by a study completed for Tukwila in 2008. The study recognized the structural vulnerabilities to earthquakes and substandard conditions resulting from the age of fire stations. The following capital commitment on behalf of the KFDRFA allows for immediate capital replacement needs, while not placing the KFDRFA in a fiscal cliff position. Fire Station's 51 and 52 to be re- located and / or re -built by 2022, Stations 54 relocated by 2030, followed by Station 53 in 2033. Capital Expenses Table 1 Total Capital Expenses Expense Description Fire Station Construction / Remodeling Life Cycle Replacements Asset Preservation Added Response Capacity Interim Funding - $10 mill bond costs Capital Reserve of 9.4% of expenses Expense Use Stations 51, 52, 53, 54 Vehicles and Equipment Roofing, siding, HVAC etc. for Stations Additional Aid Car and Engine Interest and origination fees KFDRFA Capital Contingency Total Tukwila Area Capital Expenses Expense Amount $25,828,452 $12,332,250 $567,000 $1,150,000 $2,453,540 $4,942,496 $47,273,379 Capital Revenue Table 2 Capital Revenue and Sources for Plan Revenue Source Revenue Type Tukwila Taxpayers Taxes & fees KFDRFA Taxpayers Taxes & fees Tukwila Developers Impact fees City of Tukwila Cash or in -kind purchases City of Tukwila Cash or in -kind property Revenue Use All capital needs New fire station 51 Fire stations, Aid Car, Engine Life cycle in 2016 & 2017 Payment of bond interest Total Revenue Total Expenses from Table 1 Unfunded Balance Revenue Amount $36,330,946 $319,613 $7,039,640 $1,130,000 $2,453,540 $47,273,379 - $47,273,379 $0.00 Kent Regional Fire Authority - Tukwila Service Area Benefit Charge Formula: Square root of total square footage X 18 X Category Factor X Fire Flow Factor X Response Factor X Risk Factor X Applicable Discount = FBC Total square footage of structure(s) c cn cn o, o 0 700,000 - 999,999 1,000,000 - and > at .4,9! .9,9! 29,9 49,9 -13 - 29 - 39 - 59 N N m m et. N a ' O O O ' O O O p O o o O O O O O O o O p O O Category Factors: v ,.' N re 0 LA oo u, N-1 Tr to Residential 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.70 Mobile Homes 0.70 0.70 0.70 0.70 0.70 0.70 Apartments 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 3.25 3.25 3.25 6.70 6.70 8.60 11.10 14.25 14.25 14.25 14.25 14.25 14.25 Commercial 1.10 1.10 1.10 1.10 1.30 1.30 1.30 1.40 1.40 1.40 1.50 1.50 2.05 2.05 3.05 3.35 ' 3.50 3.75 4.00 4.15 4.25 Fire Flow Factor:* 0.4923064* Response Factor: ** Residental 1.00 1.10 1.35 1.65 1.65 2.25 2.25 2.25 2.25 Manufactured Homes 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Apartments 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 1.60 Commercial 1.18 1.18 1.18 1.18 1.18 1.18 1.75 1.75 1.75 2.65 4.10 4.10 4.10 4.10 4.30 4.30 4.40 4.50 4.50 4.50 4.50 Risk /Regional Usage Factor: * ** Light Hazard /Regional 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Ordinary Hazard /Regional -1 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 1.10 Ordinary Hazard /Regional - 2 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 1.20 Extra Hazard /Regional -1 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 1.30 Extra Hazard /Regional -2 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 1.40 Discounts: Automatic Fire Sprinklers 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 0.900 Manual Local Alarm 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 0.980 Manual Central Alarm 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 0.950 Automatic Local Alarm 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 0.970 Automatic Central Alarm 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 0.925 Agricultural 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 0.250 *Fire flow factor is estimated until final tax and property data is certified by the King County Assessor * *Response factor is based upon the number of firefighters needed to deliver the required fireflow * ** Risk factors apply to commercial property, are made up of two types, one defined by the National Fire Protection Association and deal with fire hazards and hazardous materials and the other is based upn the higher risk of regional populations attracted to Tukwila businesses and their regional retail shopping, and food serivces that place a higher than normal burden on fire response resources.