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HomeMy WebLinkAboutPSBFOC 2018-08-06 Agenda PacketCity of Tukwila City Council Public Safety Bond Financial Oversight Committee August 6, 2018 6300 Building, Rainier Conference Room 3:30 p.m. AGENDA I. Call to Order II. Roll Call III. Approval of Agenda IV. Approval of April 19, 2018 Minutes V. New Business a. Election of Chair and Vice -Chair b. Public Safety Plan Project Update/Overview c. Financial overview d. Expenditure Reports e. Committee Charter VI. Miscellaneous • Report to Council VII. Adjournment Committee Purpose per Charter: As the City's legislative body, oversight and control of the City's finances is the responsibility of the City Council, all seven of whom are held accountable by Tukwila voters. The purpose of this Committee is not to supersede the fiduciary authority of the Council, but to independently represent taxpayers concerning the City's expenditure of revenues received from the sale of general obligation bonds. The Committee shall review the allocation of bond proceeds and progress on achieving the purposes of the Public Safety Bond, and shall report at least semi-annually to the City Council and the public on the same. The Committee will help ensure that the community remains informed about new public safety construction projects. The Committee will not be engaged in facility design or construction oversight. City of Tukwila Public Safety Bond Financial Oversight Committee April 19, 2018 City Hall, Hazelnut Conference Room 5:30 p.m. MINUTES I. Call to Order II. Roll Call Committee members present: Jessica Jerwa, Vice -Chair, Andy Reiswig, June Castillo, Randy Coplen City staff present: David Cline, Laurel Humphrey, Peggy McCarthy Mr. Goode was absent, and Ms. Jerwa chaired the meeting, III. Approval of Agenda Mr. Reiswig moved approval of the agenda, and Mr. Coplen seconded. The motion carried unanimously and the agenda was approved. IV. Approval of Minutes Mr. Castillo moved approval of the. October 19, 2017 minutes, and Mr. Coplen seconded. The motion carried unanimously and the minutes were approved. V. Unfinished Business (n/a) VI. New Business Public Safety Plan Project Update City staff updated the Committee on the status of projects associated with the Public Safety Plan. The City is currently working on site acquisition for all projects. The Council's Public Safety Committee will review the schematic design of the Justice Center in mid -May. The Finance Committee has been working on strategies to address the Public Safety Plan budget gap which is occurring as a result of market conditions. A public open house is planned for June 23, 2018 and the Committee is encouraged to attend. Staff distributed copies of the April reports to Council from City Administration and the Public Safety Plan Program Management consultant. Mr. Reiswig requested a map of the City showing all Public Safety Plan project locations. 2. Public Safety Plan Financial Overview The Committee reviewed a report of all Public Safety Plan revenues & expenditures through March 2018. Total actual revenues through March 31 are $38,538,348.00 from the voter - approved bond, fire impact fees, and investment interest. Actual expenditures through March 31, 2018 are $5,341,877. Staff distributed a document showing the expenditure details, including vendors, descriptions and amounts by project. The Committee also reviewed an updated list of Public Safety Plan contracts. VII. Miscellaneous Staff asked the Committee if they would be interested in convening in July, and the Committee agreed. The City will have updated information on project budgets to share at that time. Staff will follow up with a scheduling poll. Mr. Coplen commented that the City should avoid change orders in all Public Safety Plan construction projects. Staff replied that the GC/CM model of construction provides more predictable project budgets because the architect and contractor make budget decisions together at the point of schematic design. Mr. Reiswig commented that the market conditions causing the budget gap are a regional problem impacting many industries and cost escalations are unpredictable. VIII. Adjournment Mr. Coplen moved adjournment and Mr. Castillo seconded the motion. The motion carried and the meeting was adjourned at 6:27 p.m. Minutes by LH, Reviewed by PM By -Laws Excerpt Article IV. Elections The Committee shall elect a Chair and a Vice Chair each year. Generally, officers shall be elected and take office annually at the first Committee meeting in the calendar year. The election will take place as the first item of new business and the elected officers will assume their duties at the close of elections. The election of the Chair will be conducted by the Committee staff person who will ask for nominations from Committee members. No one Committee member shall nominate more than one person for an office. Nominations do not require a second. Staff will repeat each nomination, ask for further nominations, and declare the nominations closed. A motion to close nominations is not necessary. Committee members will be asked to vote by a raise of hands. As soon as one of the nominees receives a majority vote of the seated members staff will declare that member elected as the Chair. No votes will be taken on any remaining nominees. A tie vote will result in a failed nomination. If none of the nominees receive a majority vote, staff will call for nominations again and repeat the process until a single candidate receives a majority vote. Upon election, the Chair will conduct the election for Vice -Chair following the same process. Should the Chair be vacated prior to the completion of the Term, the Vice -Chair will assume the duties and responsibilities of the Chair for the remainder of the Term. The Chair will then conduct elections for a new Vice -Chair. Should the Vice -Chair be vacated prior to the completion of the Term, the Chair will conduct elections for a new Vice -Chair to serve out the remainder of the Term. Time spent fulfilling a vacated Term shall not count towards the two consecutive Term limit for Chair and Vice -Chair. TU KWI LA PUBLIC SAFETY PLAN 2016 FIRE STATION 51 A/E PROCUREMENT PROGRAMMING DESIGN/PERMITTING BIDDING/CONSTRUCTION MOVE-IN/OCCUPANCY FIRE STATION 52 A/E PROCUREMENT PROGRAMMING DESIGN/PERMITTING BIDDING/CONSTRUCTION MOVE-IN/OCCUPANCY JUSTICE CENTER A/E PROCUREMENT PROGRAMMING DESIGN/PERMITTING BIDDING/CONSTRUCTION MOVE-IN/OCCUPANCY PUBLIC WORKS A/E PROCUREMENT MASTER SITE PLAN DESIGN PHASE 1 BIDDING/CONSTRUCTION PHASE 1 MOVE-IN/OCCUPANCY PHASE 1 2017 2018 2019 2020 2021 V PROJECT A/E PROCUREMENT PROGRAMMING DESIGN/PERMITTING BIDDING/CONSTRUCTION MOVE-IN/OCCUPANCY CITY OF TUKWILA Public Safety UTGO Bond Projects Revenues & Expenditures BUDGET vs ACTUALS FUNDING SOURCES IIIIP"L. Funding Category Unlimited Tax General Obligation (Voter -approved bond) Tukwila South Mitigation Fees TOTAL Revenues Fire Fire Total Justice Total Stations Apparatus Fire Services Center Public Safety 18,824,000 29,932,000 4,750,000 $ 23,574,000 $ 29,932,000 48,756,000 4,750,000 $ 53,506,000 28,629,000 77,385,000 4,750,000 $ 28,629,000 $ 82,135,000 REVENUE Funding Category 2016 III 2017 2018 thru 7/31/18 TOTAL ACTUAL 11111lllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll1111111111Imer 2018 (Aug -Dec) null 2019 010111011111multommisigisomillsomillsoll,v 2020 Beyond .......... Actual & Projected Unlimited Tax General Obligation (Voter -approved bond) $ 36,709,954 $ - $ - $ 36,709,954 $ 40,675,046 $ 77,385,000 Limited General Obligation (Councilmanic) bonds - - 10,000,000 10,000,000 Tukwila South Mitigation Fees - 500,000 500,000 300,000 300,000 300,000 3,350,000 4,750,000 Fire Impact Fees - 1,017,000 246,707 1,263,707 250,000 300,000 300,000 2,700,000 4,813,707 Real Estate Excise tax 373,763 373,763 300,000 500,000 500,000 3,135,333 4,809,096 Property sales - 4,289,300 775,000 9,973,700 15,038,000 Investment Interest 9,561 258,283 331,491 599,335 200,000 100,000 50,000 - 949,335 TOTAL Revenues $ 36,719,516 $ 1,775,283 $ 951,961 $ 39,446,760 $ 1,050,000 $ 46,164,346 $ 11,925,000 $ 19,159,033 $ 117,745,139 C:\Users\Aaron-W\City of Tukwila\Internal - Financial Oversight Committee-TUKDID010\FOC Financial Reports-TUKDID148 8/3/2018 CITY OF TUKWILA Public Safety UTGO Bond Projects Revenues & Expenditures BUDGET vs ACTUALS PROJECT COSTS - Budgets Project Category FS 51 17,950 sf Tu FS 52 6,567 sf �i,1, FS 54 8,228 sf ,uPii0,_„„„„„1„„„„,: TOTAL FS 32,745 sf PPPPP Equipment & Apparatus 62626 TOTAL Fire Services 262 Justice Center TOTAL Bond Financed A/E Services (both design & CA) 731,003 356,000 464,000 1,551,003 - 1,551,003 1,906,190 3,457,193 Land Acquisition - 653,000 862,000 1,515,000 - 1,515,000 6,000,000 7,515,000 Permits/Fees 254,521 89,000 116,000 459,521 - 459,521 439,890 899,411 Construction (pre -con, const, tax) 7,808,854 3,278,000 4,273,400 15,360,254 - 15,360,254 16,532,615 31,892,869 Construction Related Costs (incl bond) 1,047,140 438,000 551,200 2,036,340 - 2,036,340 1,034,797 3,071,137 PM Services (incl other prof svcs) 459,552 297,000 397,000 1,153,552 - 1,153,552 1,145,956 2,299,508 Contingency (incl Construction & Proj) 1,145,000 546,000 665,000 2,356,000 - 2,356,000 1,569,552 3,925,552 Fire apparatus - - - - 25,598,488 25,598,488 - 25,598,488 Fire equipment - - - - 4,333,874 4,333,874 - 4,333,874 TOTAL Expenditures $ 11,446,070 $ 5,657,000 $ 7,328,600 $ 24,431,670 $ 29,932,362 $ 54,364,032 $ 28,629,000 $ 82,993,032 Project Category A/E Services (both design & CA) Land Acquisition/ROW Permits/Fees Construction (pre -con, const, tax) Construction Related Costs (incl bond) PM Services (incl other prof svcs) Contingency (incl Construction & Proj) Fire apparatus 2 Fire equipment TOTAL Expenditures P FS 51 9,426 sf FS FS 54 15,068 sf 9,287 sf 1,070,000 1,415,000 234,000 9,396,000 931,000 526,000 1,115,000 353,000 13,298,000 1,398,000 787,000 1,358,000 150,000 902,000 20,000 230,000 50,000 100,000 50,000 TOTAL FS Equipment & TOTAL Justice 33,781 sf Apparatus Fire Services Center 2,635,000 902,000 607,000 22,924,000 2,379,000 1,413,000 2,523,000 13,690,670 TOTAL 2,635,000 3,500,000 6,135,000 902,000 15, 383, 295 16, 285, 295 607,000 700,000 1,307,000 22,924,000 38,738,678 61,662,678 2,379,000 2,112,639 4,491,639 1,413,000 1,594,000 3,007,000 2,523,000 6,507,731 9,030,731 13,690,670 - 13,690,670 2,135,126 2,135,126 $ 13,272,000 $ 18,609,000 $ 1,502,000 $ 33,383,000 $ 15,825,796 $ 49,208,796 2,135,126 $ 68,536,343 $ 117,745,139 Budget Change by Category 2,677,807 8,770,295 407,589 29,769,809 1,420,502 707,492 5,105,179 (11,907,818) (2,198,748) $ 34,752,107 Budget Change by Project $ 1,825,930 $ 12,952,000 $ (5,826,600) $ 8,951,330 $ (14,106,566) $ (5,155,236) $ 39,907,343 $ 34,752,107 The main fire station was originally identified as FS51, but has been changed to FS52 in the revised estimate. Includes $5,750,493 of financing costs for apparatus purchases through 2029. C:\Users\Aaron-W\City of Tukwila\Internal - Financial Oversight Committee-TUKDID010\FOC Financial Reports-TUKDID148 8/3/2018 PROJECT COSTS - Actuals Project Category A/E Services (both design & CA) Land Acquisition/ROW 9,426 s 329,717 12,750 CITY OF TUKWILA Public Safety UTGO Bond Projects Revenues & Expenditures BUDGET vs ACTUALS 15,068 s 101,968 29,734 9,287 sf 237 911,474 TOTAL Stations 33,781 sf 533,92 953,958 Equipment Apparatus TOTAL Fire Services 953,958 Justice TOTAL Center Bond Financed 658,698 1,042,917 1,192,620 1,996,875 Permits/Fees 529 529 529 529 Construction (pre -con, const, tax) Construction Related Costs Bond Issuance Costs 59,853 8,256 68,109 14,447 82,556 123,83 206,388 PM Services (incl other prof svcs) 74,817 1,838 65,778 252,432 252,432 349,522 601,954 Contingency Fire Apparatus 3,253,545 3,253,545 3,253,545 Fire Equipment 421,528 421,52 421,528 TOTAL Expenditures 477,667 251.796 $ 1,079,488 08,95 3,689,520 $ 5,498,47 $ 2,174,969 7,673,440 1 In March 2018, the City purchased property for $884,680 for Fire Station 54. That expense will remain there until a final decision is made regarding the use of this land. C:\Users\Aaron-W\City of Tukwila\Internal - Financial Oversight Committee-TUKDID010\FOC Financial Reports-TUKDID148 8/3/2018 CITY OF TUKWILA Public Safety Plan Contracts for Service 11111111 000000100001 0001000I000000 . Shiels Obletz Johnsen 16-121 (SOJ) Project Management Services - Phase I (Pre bond election project planning) Du 10/11/2016 12/31/2016 Not to exceed $37,000 16-179 Shiels Obletz Johnsen (S01) Project Management Services 12/22/2016 3/31/2021 Not to exceed $3,187,614 17-009 FACETS Consulting, LLP Fire Station Location Study 1/10/2017 3/31/2017 Flat Fee of $36,000 17-068 Weinstein AU, LLC Architectural Design and Planning Services (Fire Stations) 4/19/2017 12/31/2020 Not to exceed $2,485,254 17-084 Heartland LLC Real Estate Broker Services 5/23/2017 12/31/2018 1. Commission: 2.5% of gross purchase price of each property purchased during term of agreement; 2. Sub -consultant fees: not to exceed $60,000. 17-125 Steven M. Goldblatt Program Management Quality Assurance Services 7/25/2017 12/31/2021 Not to exceed $250,000 17-157 DLR Group, Inc Architectural Design and Planning Services (Justice Center) 9/9/2017 12/31/2020 Not to exceed $3,099,914 17-167 Sound Earth Strategies, Inc Phase 1 & 2 Environmental Site Assessments 9/18/2017 12/31/2017 Not to exceed $163,262 17-181 Valbridge Appraisal Property Appraisals 10/12/2017 12/31/2018 Not to exceed $54,000 17-210b Bush Roed Hitchings Survey 12/4/2017 5/31/2018 Not to exceed $131,500 17-215 Samdal & Associates Property Condition Assessments survey services for Proposed PW facility properties. 12/6/2017 1/31/2018 Not to exceed $10,300 17-218 Shannon & Wilson Geotech 12/8/2017 7/31/2018 Not to exceed $38,700 18-001 Lydig Construction General Contractor/ Construction Manager - Fire Stations 11/27/2017 12/31/2020 Not to exceed $372,000 18-032 Abeyta & Associates Relocation Services 3/2/2018 5/31/2018 Not to exceed $10,569 18-038 JRS Engineering Building Envelope Services 3/16/2018 7/31/2019 Not to exceed $49,520 18-049 BN Builders General Contractor/ Construction Manager - Justice Center 4/2/2018 12/31/2020 Not to exceed $240,000 C:\Users\Aaron-W\City of Tukwila\Internal - Financial Oversight Committee-TUKDID010\FOC Financial Reports-TUKDID148 8/3/2018 CITY OF TUKWILA PUBLIC SAFETY PLAN - EXPENDITURES FUNDED BY VOTED DEBT Inception through July 31, 2018 Sum of AMOUNT PRJ FIRE STATION FIRE STATION FIRE STATION EQUIPMENT & JUSTICE Grand Total REPORT LINE VENDOR LINE DESCRIPTION 51 52 54 APPARATUS CENTER A/E Services DAILY JOURNAL OF COMMERCE Legal Advertisements 225 225 225 563 1,239 DLR GROUP INC Architectural Design and Planning Services (Justice Center) 650,093 650,093 FACETS CONSULTING, LLP Fire Station Location Study 12,000 12,000 12,000 36,000 PEPPLE CANTU SCHMIDT PLLC FS 54 SITE PURCHASE -LEGAL SVCS 1,330 1,330 SEATTLE TIMES Legal Advertisements 208 197 197 521 1,123 SHORT CRESSMAN & BURGESS PLLC Legal Services 5,873 5,873 5,873 6,377 23,996 WEINSTEIN Architectural Design and Planning Services (Fire Stations) 309,012 83,406 81,879 474,296 JRS ENGINEERING LLC BUILDING ENVELOPE SERVICES 2,194 2,194 HOME DEPOT CREDIT SERVICES Materials to secure acquired buildings 22 34 55 LOW ES Materials to secure acquired buildings 711 711 LACY AND PAR INC OPEN HOUSE MAILING 205 267 1,110 1,582 NE Services Total 329,717 101,968 102,237 658,698 1,192,620 Land BRUCE C ALLEN & ASSOCIATES INC Real Estate Consulting Services 44,870 44,870 BUSH ROED AND HITCHINGS INC SURVEY SVCS 22,234 7,900 51,220 81,354 DAILY JOURNAL OF COMMERCE Legal Advertisements 119 119 237 HEARTLAND Real Estate Broker Services - 166 2,626 2,792 PACE ENGINEERS INC TOPOGRAPHIC SURVEY 12,750 12,750 SHANNON & WILSON, INC. GEOTECHNICAL ENGINEERING 14,594 14,594 SOUNDEARTH STRATEGIES, INC ENVIRONMENTAL SITE ASSESSMENTS 7,500 18,609 59,882 85,991 MASITALO SETTLEMENT AGREEMENT 5,000 5,000 TUKWILA NAILS SETTLEMENT AGREEMENT 12,500 12,500 SHEIKOMAR SETTLEMENT 25,000 25,000 DYNAMIC LANGUAGE CENTER, INC. Translation services for mailings 968 968 Property Acquisitions Henkle Property Purchase -Justice Center Site 99,500 99,500 Lui Property Purchase -Justice Center Site 726,638 726,638 Palmer/Star Nursery Property Purchase 884,680 884,680 Land Total 12,750 29,734 911,474 1,042,917 1,996,875 Permits/Fees CITY OF TUKWILA Permits/Fees 529 529 Permits/Fees Total 529 529 Bond Issuance Costs IPREO PARENT HOLDCO LLC ELECTRONIC DISTR. OF POS/OS 218 30 52 450 750 MORGAN STANLEY 2016 UTGO Underwriter's Disc 29,417 4,057 7,101 60,862 101,437 PACIFICA LAW GROUP LLP LEGAL SVC-UNLMTD TAX GEN OBLGT 9,077 1,252 2,191 18,779 31,299 PUBLIC FINANCIAL MGMT INC FINANCIAL ADVIOSRY SVCS-2016 B 14,037 1,936 3,388 29,042 48,403 STANDARD AND POOR'S FINANCIAL ANALYTICAL SVCS-UNLMTD TAX GEN 7,105 980 1,715 14,700 24,500 Bond Issuance Costs Total 59,853 8,256 14,447 123,833 206,388 PM Services SHIELS OBLETZ JOHNSEN INC PUBLIC SAFETY PLAN 74,817 111,838 65,778 349,522 601,954 PM Services Total 74,817 111,838 65,778 349,522 601,954 Fire Apparatus INTERNAL TRANSFER PIERCE VELOCITY 100' PUC PAP 1,460,430 1,460,430 RADIO INSTALLS/LABOR 1,188 1,188 EOC Admin Vehicle 53,485 53,485 Admin Vehicle (2) 107,088 107,088 PIERCE VELOCITY PUMPERS (2) 1,631,354 1,631,354 Fire Apparatus Total 3,253,545 3,253,545 Fire Equipment LN CURTIS & SONS Quantifit Respirator 9,130 9,130 PAYPAL MSA Mask Indentifire 1,365 1,365 SEAWESTERN, INC. Hands Free SCBA Holder 1,778 1,778 BUNKER GEAR 46,218 46,218 SCBA Fill Station 1,380 1,380 SCBA EQUIP 354,553 354,553 WITMER ASSOCIATES INC Extrication Gloves 3,177 3,177 HAYMAN FIRE HELMET & SHIELD 416 416 SMITH FIRE HELMET 308 308 O'BRIEN HELMET 305 305 DAVENPORT GROUP SCBA Replacement Computer Equi 1,849 1,849 ELECTRONIC BUSINESS MACHI printer for SCBA Cage @ FD51 439 439 KELCH HELMET 308 308 GRAINGER SCBA EQUIP 265 265 R S HUGHES CO INC SCBA EQUIP 39 39 Fire Equipment Total 421,528 421,528 Grand Total 477,667 251,796 1,079,488 3,689,520 2,174,969 7,673,440 8/3/2018 44. 0 *I )906 PROJECT COSTS both design CITY OF TUKWILA Public Safety Plan Fire Stations - 51, 52 and expended cost for 54 Schematic Design Budget Summary YOE $ (in thousands) Le;:knit,k,fkkr.t."PATIPik, kkA 7 464 2018 TOTAL 32,745 sf 1, and Acquisition 6 62 ,5 Pe Fees 2 89 6 460 Construction (pre -con, const, tax) 7,809 ,27 4,27 5, 60 Constructior, Related Costs incl bond ,047 4 5 2,0 6 Services incl other prof svcs) 460 297 97 ,154 Contingency (incl Construction & Proj) 1,145 546 66 2,356 TOTAL 1,446 5,657 7,329 24,432 kmerk,kmk,kkkkkrc k,kqmk.kW", *P..WAUVOAkagA AMPCF , z okait,46'00kkivklu Abi4.46,444- Project Category A/E Services (both design & CA) Land Acquisition FS5 ..TamQW. .mmv 11,933 sf 899 41 4 FS 52 ' FS 4 15,068 sf 11933 sf 1,244 1,003 854 TOTAL 38,934 sf 3,146 854 , 9 (661) Permits/Fees Construction (pre -con, const, tax) Construction Related Costs (incl bond) PM Services (incl other prof svcs) Contingency (incl Construction & Proj) 234 8,956 931 426 1,062 353 12,677 1,398 687 1,294 262 9,935 1,039 476 1,185 849 31,568 3,367 1,589 3,541 390 16,208 1,331 435 1,185 TOTAL 12,509 17,652 14,753 44,9 4 The main fire station was originally identified as FS51, but has been changed to F552 in the revised estimate. 2 FS 54 budget includes costs spent to date plus estimated costs to assess the scope of rehabilitation Project Category A/E Services (both design & CA) 11,933 sf 1,070 15,068 sf 1,415 FS 54 5,398 sf existing 150 32,399 sf 2,635 ,...,„,aL*04' • '.4"" 1,084 Land Acquisition Permits/Fees Construction (pre -con, const, tax) 234 9,396 353 13,298 902 20 230 902 608 22,925 (613) 148 7,564 Construction Related Costs (incl bond) PM Services (incl other prof svcs) 931 526 1,398 787 50 100 2,379 1,413 343 259 Contingency (incl Construction & Proj) TOTAL 1,115 13,273 1,3 8 18,610 50 1,502 2,523 33,384 167 CAUsers\JustineK \OneDrive - SOJ\Current Projects \Tukwila\Fire Stations \ gudgets\Budget Summary \PSP Funding and Costs - Fire Stations 51 and 52,xlsx, 1.2218- HIGH 161 of the City of Tukwila Public Safety Bond Financial Oversight Committee Adopted by Resolution No. CHARTER of the City of Tukwila Public Safety Bond Financial Oversight Committee Background — Public Safety Bond On November 8, 2016, voters of Tukwila will be asked to approve issuance of general obligation bonds not to exceed $77,385,000 to pay for: • Replacement of three seismically -deficient fire stations (Stations 51, 52 and 54) • Guaranteed funding for fire equipment and apparatus for the life of the 20-year bond • Construction of a Justice Center to house the Tukwila Police Department and Municipal Court. 2. Charter Purpose Pursuant to Ordinance No. 2509 the City Council will appoint a Public Safety Bond Financial Oversight Committee within six months if the ballot proposition is approved by the qualified voters of Tukwila at the November 8, 2016 election. The purpose of this Charter is to serve as the framework for the Financial Oversight Committee ("Committee"). The City Council may amend this Charter as necessary or appropriate. Committee Purpose As the City's legislative body, oversight and control of the City's finances is the responsibility of the City Council, all seven of whom are held accountable by Tukwila voters. The purpose of this Committee is not to supersede the fiduciary authority of the Council, but to independently represent taxpayers concerning the City's expenditure of revenues received from the sale of general obligation bonds. The Committee shall review the allocation of bond proceeds and progress on achieving the purposes of the Public Safety Bond, and shall report at least semi-annually to the City Council and the public on the same. The Committee will help ensure that the community remains informed about new public safety construction projects. The Committee will not be engaged in facility design or construction oversight. 4. Committee Responsibilities • Review periodic reports provided by the City regarding status of construction projects, bond expenditures, project schedules, and timelines of bond projects. • Verify effective and efficient use of bond proceeds and compliance with the purposes of the Public Safety Bond. • Review efforts by the City to maximize bond revenues by balancing best value, quality, and efficiency in meeting the City's goals and priorities. • Review copies of all other bond reports provided by the City or requested by the Committee. (continued...) Page 2 of 5 CHARTER of the City of Tukwila Public Safety Bond Financial Oversight Committee 4. Committee Responsibilities (cont.) • Review copies of any performance or financial audits of the City's bond programs to ensure that appropriate action is being taken to remediate any identified deficiencies. • Prepare and communicate findings and recommendations for improvement via a periodic (at least semi-annually) independent report to the City Council and the public. • Review this Charter annually and recommend revisions to the City Council. • Approve Committee meeting minutes. • Approve reports and other Committee communications. 5. Committee Structure and Membership The Committee shall include 5 members comprising 2 residents, 2 members from the business community, and 1 at -large member. The City Council will appoint all members of the Committee. Members shall serve for terms of two years without compensation, although in order to have staggered terms, 1 resident and 1 business representative will initially be appointed for three years and thereafter all terms of appointment will be for two years. Members may be reappointed for additional terms. No employee or official of the City of Tukwila shall be appointed to the Committee. No vendor, contractor, or consultant of the City of Tukwila who is in any way involved in the public safety construction projects shall be appointed to the Committee. The Committee shall continue in existence for the economic life of the Public Safety Bond. 6. Appointment Process The City will advertise broadly the opportunity to serve on the Committee. Interested individuals may apply by completing the City's Boards and Commissions application form available on the City website. Applications will be reviewed by a standing Committee of the City Council which will make a recommendation to the Committee of the Whole. Volunteers for City Boards, Commissions, and Committees are subject to a background check. Page 3 of 5 CHARTER of the City of Tukwila Public Safety Bond Financial Oversight Committee 7. Bylaws The Committee shall adopt bylaws regarding its internal organization, including the following: • A provision for electing a Chair and a Vice -Chair, as well as any other officers deemed necessary by the Committee. • All meetings will be open to the general public. • A majority of active members shall constitute a quorum. • Reports and/or recommendations to the City Council must be approved by a majority of active members of the Committee. • Written minutes of all meetings of the Committee shall be composed. . Meetings The Committee shall determine its meeting schedule according to the flow of information to evaluate, no fewer than two times per year. Members are expected to reliably attend and participate in meetings. If a member fails to attend two or more meetings without cause, the Committee shall define the member as inactive and inform the Council of its action. 9. City Support The City will provide the Committee with reasonable technical and administrative assistance, including: • Provision of timely reports that will describe proposed projects, costs, contingency, and schedule. • Provision of other documents such as financial statements, investment reports, contracts, budget amendments, bid awards, or other reports requested by the Committee. • Provision of a meeting room. • Provision of space on the City website and Digital Records Center for public access to agendas, minutes, reports, and any other relevant information. • Preparation and distribution of meeting agendas and minutes. Page 4 of 5 CHARTER of the City of Tukwila Public Safety Bond Financial Oversight Committee 10. Ethics Policy Committee members shall be bound by Tukwila Municipal Code Chapter 2.95, Code of Ethics for Employees and Appointed Officials. The Committee serves the general interest of the public and not any personal or special interest. Committee members are required to sign a conflict of interest statement and to disclose any potential conflicts that may arise in the course of their service. 11. Member Termination The City Council retains the right to remove a Committee member for specific reasons such as, but not limited to: • The member has been declared inactive due to missing two or more meetings without cause. • The member has been found to violate a provision of the Code of Ethics (TMC Chapter 2.95). If a member is removed from the Committee, the community will be notified of the vacancy and the City Council will appoint another qualified person to the Committee per the process outlined in Section 6 of this Charter. Page 5 of 5