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HomeMy WebLinkAboutCOW 2008-11-24 COMPLETE AGENDA PACKET Tukwila City Council Agenda It z COMMITTEE OF THE WHOLE �r, s e tD o i O rif Jim Haggerton, Mayor Councilmembers: Joan Hernandez Pamela Linder Rhonda Berry, City Administrator Dennis Robertson Verna Griffin Joe Duffie, Council President Kathy Hougardy De'Sean Quinn 6:30 -7:00 PM EXECUTIVE SESSION Personnel Issue; pursuant to RCW 42.30.110(1)(g) Please see attached reference materials. MONDAY, November 24, 2008, 7 :'00 PM Tukwila City Hall; Council Chambers 1. CALL TO ORDER PLEDGE OF ALLEGIANCE 2. _SPECIAL PRESENTA a. A proclamation designating "Buy and Celebrate Locally Day" in Tukwila. Pg.1 TIONS b. Election results update; Martin J. Durkan, City Lobbyist. 3. CITIZEN At this time, you are invited to comment on items not included on this agenda (please limit COMMENT your eo, tnen is to five minutes per citizen). To comment on an item listed on this agenda, please save your comments until the issue is presented for discussion. 4. PUBLIC An ordinance establishing residential and non residential development impact fees as Pg.3 HEARINGS part of the financing for public facilities for Fire and Parks services. 5. SPECIAL a. Impact fee ordinances for Parks and Fire. Pg.3 ISSUES b. Sound Transit street vacation ordinance. Pg,67 c. Department of Community Development fee increases: 1) An ordinance increasing Planning Fees, commencing January 1, 2009. Pg.75 2) A resolution increasing Land Use Fees, commencing January 1, 2009. Pg.87 d. An Interlocal Agreement to provide tourism and marketing services to the City of Pg.99 Des Moines. e. A resolution regarding non represented employees' wage schedule. Pg.109 f. Eden System Licensing Proposal. Pg.121 g. Final 2008 Budget Amendment. Pg.127 h. Proposed Budget /Capital Improvement Program: Pg.133 1) An ordinance adopting the 2009 -2010 Budget. 2) A resolution adopting the 2009 -2014 Capital Improvement Program. )Please bring your copies of the Budget /CIP. Q i. Refunding of 1999 Bond Issue. iljeGtse, 61 back. oyGtC'/2Gt. Pg.161 j. Discussion of 2009 -2010 Council Goals. Pg.167 6. REPORTS a. Mayor c. Staff e. Intergovernmental b. City Council d. City Attorney 7. MISCELLANEOUS 8. EXECUTIVE SESSION 9. ADJOURNMENT Tukwila City Hall is wheelchair accessible. Reasonable accommodations are available at public hearings with advance notice to the City Clerk's Office 206 433 1800/TDD 206 248 2933. This notice is available at www.ci.tukwila.wa.us. and in alternate formats with advance notice for those with disabilities. Tukwila Council meetings are audio taped. Office o f the Mayor vr `l Tukwila, Washington 7908 y PROCLAMATION n :y WHEREAS, the year -end holiday season is a period of giving, volunteering, and thriving economic activity which provides a unique opportunity for individuals, businesses, non profits, agencies and community groups to celebrate traditions and culture; and 1 WHEREAS, the City of Tukwila's diverse and thriving arts and heritage groups, locally -owned and managed businesses, and other agencies help define and preserve our City's unique character, economy and culture; and WHEREAS, locally owned, independent businesses strengthen the City of Tukwila's economy by employing friends and neighbors, re- investing profits locally, and lending support to local charities, civic organizations, and neighborhood associations; and WHEREAS, the year -end holiday season can create a sizeable environmental impact due to the carbon footprint produced by the international transport of many products and food items, as well as the large amount of waste resulting from packaging and mailing; and WHEREAS, purchasing gifts of tickets to local concerts, theater productions, festive events, and locally- created art, products and food, can reduce the environmental impact of the year -end holiday season, as well as keep our communities vibrant, and citizens of all ages engaged and entertained; NOW, THEREFORE, I, Jim Haggerton, Mayor of the City of Tukwila, do hereby proclaim November 28, 2008: Buy and Celebrate Locally Day in t he City of Tukwila, and encourage all citizens to support and enjoy the locally- 1 Y g pp J Y Y 1 owned organizations in our community. Signed this day of Alf; 4 2008. n 3 `Ha ger i or o to oo -J f A j a Ordinances in draft form are attached. RN\'IIi\\'itD BY COW Mtg. CA &P Cmte 1 MTG. DATE I 11/24/08 MTG. DATE 11/24/08 12/01/08 1 1 Go UNCIL AGENDA SYNOPSIS InitralJ ITEM NO. ttileeteno Date Pn'pared I,y Mayor's review I Council review 11/24/08 1 LV I� 1 12/01/08 1 LV 7 `4 ITEM INFORMATION I CAS NUMBER: 08-146 ORIGINAL, AGENDA DATE. NOVEMBER 24, 2008 Ordinances for Fire and Parks Impact Fees C. \'i'i•.(;Oity Discussion n Motion Resolution Ordinance Bid Award Public' Heanrrg n Other Mfg Date 11/24/08 Mt; Date 111tg Date Jilts Date 12/01/08 lltg Date 1Itg Date 11/24/08 Mtg Date SPONSOR Cowiiii Mayor Adm Svcs DCD Finance Fire n L i P&R Police PIV SPONSOR'S Discussion regarding adoption of impact fees for Fire and impact fees for Parks. Decisions St'MM,\RY needed include: 1) what total dollar value of capital projects for Fire, 2) the split in revenues between impact fees and City contribution for Fire. 3) what total dollar value of capital projects for Parks, 4) the split in revenues between impact fees and city contribution for Parks. Utilities Cmte Arts Comm. F &S Cmte n Parks Comm. DAih: 11/18/08 F &S (action); 11/24/08 CAP (info only) RECOMMENDATIONS: SPONSOR /ADMIN. Approve and forward to COW for discussion COMMITTEE Forward to Committee of the Whole for discussion and public hearing COST IMPACT FUND SOURCE EXPENDITURE Ri?()UTRI D AMOUNT BUDGETED APPROPRIATION REQUIRED Fund Source. REVENUE IS FROM IMPACT FEES; PROJECTS ARE NOT CONSTRUCTED UNLESS FUNDS ARE AVAILABLE Comments: RECORD OF COUNCIL ACTION A ATTACHMENTS Informational Memo regarding Fire impact fees with Attachments Ordinance adopting Fire impact fees with Attachments Informational Memo regarding Park Impact Fees with Attachments Ordinance adopting Parks impact fees with Attachments Performance Audit Report Minutes from Finance Safety Committee meeting of 11/18/08 U Transportation Cmte n Planning Comm. CC: Mayor Haggerton Rhonda Berry FROM: Lisa Verner, Mayor's Office Nick Olivas, Fire Chief DATE: November 18, 2008 RE: Proposed Fire Impact Fees ISSUE BACKGROUND Additionally, RCW 82.02.050 (4) says, in part: INFORiMATION MEMORANDUM To: Finance and Safety Committee (action) Community Affairs and Parks (information) Adopt an ordinance for Fire impact fees and an ordinance for Parks impact fees, both for funding of capital facilities needed by Fire services and Parks services due to anticipated new growth and development. The Administration is evaluating new sources of revenue for the City. One such source is "impact fees" through which new development helps to pay for capital facilities necessitated due to the new growth. Mayor Haggerton's goal is to analyze options and to adopt impact fees by the end of 2008: The Growth Management Act allows impact fees for parks services and for fire services, in addition to the traffic impact fees the City has already enacted. In order to consider and adopt impact fees, the City needs to have adopted a Fire Master Plan and identified a level of service goal for fire services. The 2008 Fire Master Plan, the Mayor's recommendations on implementation, and the Level of Service for the Fire Department are scheduled for adoption by Council on December 1, 2008. Impact fees may be collected and spent only for the public facilities defined in RCW 82.02.090 which are addressed by a capital facilities element of a comprehensive land use plan adopted pursuant to the provisions of RCW 36.70A.070... An ordinance to amend the Capital Facilities Element of the City's Comprehensive Plan is before the COW on November 10 for public hearing and discussion. It is scheduled for adoption on December 1. Among other things, the amendment will incorporate by reference the 2008 Fire Master Plan and the 2008 Parks, Recreation and Open Space Plan, as amended. The Fire Master Plan, which includes Fire capital projects (some of which will be paid for through impact fees) is scheduled for adoption on December 1. Then the City will be consistent with RCW 82.02.050 (4). A public hearing on impact fees is advertised for November 24, 2008. DISCUSSION The State Legislature authorized impact fees when it adopted the Growth Management Act in 1990 as one mechanism to help communities address growth. According to RCW 82.02.050 (1), it is the intent of the State Legislature: (a) To ensure that adequate facilities are available to serve new growth and development; (b) To promote orderly growth and development by establishing standards by which counties, cities, and towns may require, by ordinance, that new growth and development pay a proportionate share of the cost of new facilities needed to serve new growth and development; and (c) To ensure that impact fees are imposed through established procedures and criteria so that specific developments do not pay arbitrary fees or duplicative fees for the same impact. Impact fees can be assessed for traffic, parks, fire and schools The City already assesses a traffic impact fee. The Mayor is asking the Council to consider assessing a parks impact fee and a fire impact fee. None of the school districts which serve Tukwila have asked the City to collect a school impact fee on their behalf. Impact fees are used to provide funds for capital projects or capital facilities which are needed because of new growth. They are used to fund projects which maintain the same level of service for new growth as is provided for existing development. They may not be used for projects which are needed due to current deficiencies in public facilities serving existing development. In essence, impact fees are a mechanism for "growth to pay for growth." For consideration are two ordinances, one for impact fees for fire services and one impact fees for parks services. The text of the ordinances is similar. The ordinances address the fee formula, adjustments, credits, appeals, refunds and exemptions as well as use of the impact fees. Also, each ordinance includes a spreadsheet for calculating an impact fee and a list of projects for which the impact fee would be collected. Conceptually, the fee formula identifies the anticipated growth between 2009 and 2020 (12 years) in several land use categories and the cost of capital facilities needed to serve that growth and divides the two. The variables include the request for service (either calls for fire /aid service per land use category or amount of parks needed per resident) and the growth anticipated in each land use category. Because the City has a strong track record of both residents and employees using park facilities and fire services, an impact fee for commercial/industrial uses as well as an impact fee for residential uses is proposed. Council members may choose which impact fee /city contribution split results in acceptable levels of impact fees. RECOMMENDATION Adopt an ordinance which authorizes assessment of impact fees for capital facilities for Fire services needed due to new growth Attachment A: Capital Facility Projects Attachment B: Fire Services Impact Fee Options Attachment C: Fire Impact Fee Calculation Attachment D: Excerpts from Performance Audit ATTACHMENT A Questions for consideration: 1) Should the City collect impact fees on the entire list of proposed projects? 2) At what percentage should the City implement Fire Impact fees (90/10 split or 80/20 split Fire Department Capital Facilities List 1. Construct/build relocated Station 51 25,000 sf S 10,000,000 station; existing 15,000 sf station replacement due to growth, including bays for ladder truck and new aid car 2. Purchase aid car for Station 51 (new) 185,000 3. Purchase engine for Station 54 to replace aerial 750,000 ladder truck 4. Purchase land for relocated Station 52, if Station 51 5 544,500' is relocated 5. Construct/build relocated Station 52, if Station 51 is 5 3,000,000 relocated 1 25,000 gsf building x $400 /psf building construction cost 2 acre site (21,780 sf) x $25 /psf land cost 7,500 gsf building x S400 /psf building construction cost Cost TOTAL 14,479,500 ATTACHMENT B FIRE Impact Fee OPTIONS Total Project Amount over 12 years (through 2020) $14,479,500 $10,000,000 FIRE Single Family Multi Family All Commercial Office Retail Industrial Hotel /Motel /Resort Hospital /Nursing Home Medical /Dental Leisure Facilities Restaurant/Lounge Church /Non profit Education Special Public Facil Fees 90% $13,031,550 $2,060 $2,683 $3,628 $1,297 $283 90% $9,000,000 $1,423 $1,853 $2,506 $896 $195 Issaquah (2006) $622.25 $853.42 $200.00 $640 00 $200.00 $280.00 $9,610.00 $6,680.00 $2,090.00 $6,090.00 $390.00 $810.00 $3,120.00 City 10% $1,447,950 SF MF Office Retail Industrial 10% $1,000,000 SF MF Office Retail Industrial Renton $488.00 $388.00 $520.00 Fees 80% $11,583,600 $1,831 $2,385 $3,225 $1,153 $251 $8,000,000 $1,265 $1,647 $2,227 $796 $174 Kev: SF Per Single Family Dwelling I does not have Fire impact fees MF Per Multi Family Dwelling I $0.52 per gsf no com'I assm't since 1/1/08; Fire Office Per 1,000 gsf Office Uses I Authority Retail Per 1,000 gsf Retail Uses Industrial Per 1,000 gsf Industrial Uses City 20% $2,895,900 SF MF Office Retail Industrial 80% 20% $2,000,000 SF MF Office Retail Industrial Redmond Kent* Bellevue* (1999) $94.48 132.73 $110.80 $126.76 $13.07 AWC Averages (2008) Single Family Multi Family Auburn*** $362.66 $383.09 Fees 70% $10,135,650 $1,602 $2,082 $2,822 $1,009 $220 $7,000,000 $1,107 $1,441 $1,949 $697 $152 $4,343,850 SF MF Office Retail Industrial 70% 30% $3,000,000 SF MF Office Retail Industrial Per Dwelling I High I Low $622 00 I $104.00 $853 00 $104.00 City 30% TABLE 1. Tukwila Fire Impact Fee Calculation, 2008 Net Growth, 2008 -2020 2007 2007 Land Use Housing Employme Housing Units 3 Units -I nt 2 Single family 3,822 516 Multi- family 4,107 2,384 Office 6,245 370,500 Retail 20,384 2,418,000 Industrial 20,343 3,860,800 TOTALS 46.972 6,649,300 1. OFM numbers 2. PSRC 2007 Covered Employment Estimates 3. 43 SF dufyr. rest is \1F from 2007 Buildable Lands Report 4. Retail: 500gsf per emp: Office: 250esf per emp; Industrial: 800e.sf per emp; X emp growth 5. 90% of Buildable [ands Repon estimates. at some as 2007 employment TABLE 2. Tukwila Fire Service Demand Calculation, 2008 Land Use Single family Multi- family Office Retail Industrial NET TOTAL PERCENT OF SUBTOTAL Reallocation of Special Property Unclassified 2007 Responses Incident Responses 619 866 445 1.039 362 3.332 13% 19% 10% 22% 8% 71% Other 1.341 29% I I TOTAL 4,673 100% 100% 1,341 1 4,673 1 100% Note: The 513,031,550 capital cost is 90% of 514,479,500 (the growth related fire capital cost). TABLE 3. 2007 Incident Responses by Property Type Allocation to Impact Fee Categories IMPACT FEE CATEGORIES Fire Dept. Land Multi Fire Aid Total Single family family Office Retail Industrial TOTAL Use Categories Public Assembly 12 42 54 Educational 18 Health Care* 27 Single- family 159 Apartments 224 Boarding House 0 Hotels 102 Business** 441 Industrial 12 Manufacturing 57 Storage 81 SUBTOTAL 1.133 Special Property 1 275 1 855 1 1,130 1 Unclassified 1 148 1 63 1 211 1 SUBTOTAL 1 423 1 918 I 1,341 1, TOTAL INCIDENT RESPONSES BY IMPACT FEE CATEGORY split 60% Multi- family, 40% Office (Redmond) split 34% Office, 66% Retail (2007 Tukwila) Based Proportional Incident on Net Reallocation Responses Total of "Other" Building Employme Area -4 nt -5 249 1 868 1 19% 349 1 1,215 1 26% 179 1 625 13% 418 I 1,458 1 31% 146 508 1l% 1,341 1 4,673 1 100% 619 619 19% ATTACHMENT C Tukwila Fire Impact Fees, 2008 1,482 4,836 4,826 11,144 249 349 868 1,215 I Impact Fee Per Residential Unit SO SO Revised 2007 Responses Per GFA 50.00 SO 50.00 SO S0.00 SO Incident Responses per 1,000 Units 227 296 54 48 70 I 47 794 2 305 351 680 866 1 445 1,039 26% 13% 31% 1 1 1 179 418 625 1,458 Per 1,000 Sq. Ft. GFA Increase in Annual Incident Responses clue to Growth Incident Capital Costs Responses Incident Allocated by per 1,000 Responses Incident Employees Responses due to Growth 117 8% SO 705 49% SO 100.0 148 10% SO 71.5 346 24% 50 25.0 120 8% 50 1.437 100% SO 14 104 244 362 3,332 146 1,341 508 4,673 100% Brian Sonntag, CGFM Washington State Auditor he Puget Sound Region experienced an unprecedented building boom during this decade. Impact fees' purpose is to help offset the costs of services associated with new development, such as roads, schools, fire facilities and parks. We chose this audit to examine whether cities are effectively and efficiently using of this revenue source. We selected the five cities with the state's highest impact fee revenue from fiscal years 2004 to 2006 to find out if: Cities are collecting and administering impact fees appropriately and in accordance with state law. The public is getting what it is paying for Performance audits are conducted under the provisions of citizens Initiative 900. This audit was conducted on our behalf by Ernst Young in accordance with Generally Accepted Government Auditing Standards. Cities have an opportunity to improve transparency and access to public information by posting their annual impact fee reports on their Web sites. While cities are required by state law to report the information annually, not all cities are posting the information on their Web sites. It is good policy to make that information readily available to citizens. We hope all cities and counties that impose imact fees will take advantage of the best practices identified in this audit. If you are interested in following up on the audit resolution or public hearings, please check our Web site at: http: /www.sao.wa.gov/ PerformanceAudit /audit_reports.htm. Mission Statement The State Auditor's Office independently serves the citizens of Washington by promoting accountability, fiscal integrity and openness in state and local government. Working with these governments and with citizens, we strive to ensure the efficient and effective use of public resources. a� hat is an impact fee? A one -time fee to offset the cost of services associated with new development. Cities can collect four types of impact fees: School, fire, park and transportation impact fees. Impact fees are intended to supplement other funding sources and state law requires that they be spent on the facilities for which they are collected. How are they administered? State law allows municipalities that are required to or choose to plan under the Growth Management Act to assess impact fees. Cities set the rate for and collect the impact fees. Who pays impact fees? Impact fees are charged to builders as part of the building permit process. Impact fees are typically passed invisibly from the builder to the customer. 1 nitiative 900 requires the State Auditor's Office to identify best practices About Initiative 900 during each performance audit. The following best practices were in place at Washington voters approved the cities during the audit: Redmond The City of Redmond Fire Department's method of allocating costs of new capital facilities between the City and Fire District 34 should be evaluated for implementation in other cities and districts. The City of Redmond's fire impact fee calculation and schedule met all aspects of the related state laws and demonstrates a leading practice by taking the following items into consideration: System improvements that are reasonably related to growth The proportionate share of the costs of system improvements related to new development Redmond employs several leading practices with respect to calculating, charging, and maintaining its transportation impact fee. These leading practices Include: Inflation indexing Costs based on a long -range plan Adopted fee schedules by land use Initiative 900 in November 2005, giving the State Auditor's Office the authority to conduct independent performance audits of state and local government entities on behalf of citizens to promote accountability and cost effective uses of public resources. 1 -900 directs the Office to address the following elements in each performance audit: 1 Identification of cost savings. 2. Identification of services that can be reduced or eliminated. 3. Identification of programs or services that can be transferred to the private sector. 4. Analysis of gaps or overlaps in programs or services and recommendations to correct them. 5 Feasibility of pooling auditee's information technology systems. 6. Analysis of the roles and functions of the auditee and recommendations to change or eliminate roles or functions. 7. Recommendations for statutory or regulatory changes that may be necessary for the auditee to properly carry out its functions. 8. Analysis of the auditee's performance data, performance measures and self- assessment systems. 9 Identification of best practices. Initiative 900 provides no penalties for auditees that do not follow recommendations in performance audit reports. The complete text of the Initiative is available at: www.sao.wa.gov/ PerformanceAudit/ PDFDocuments /i900.pdf. 5 State of Washington Performance Audit of Impact Fees relating to Fire (Performance Audit attached at end of packet) State of Washington Performance Audit of Impact Fees AUDIT AREA 6 FIRE IMPACT FEE SCHEDULE/CALCULATION FINDING The City of Redmond has developed a leading practice in its fire impact fee schedule /calculation. Specifically, the schedule /calculation takes into account the impacts of fire and aid calls by land use type, projected growth by land use type and the fire Capital Facilities Plan (CFP). Fire Impact Fees in the City of Redmond Next, Ernst Young met with the City of Redmond to gain an understanding of the formula it used to calculate the City's fire impact fee schedule. Exhibit 12 below shows the City of Redmond's fire impact fee schedule for the performance audit period. Exhibit 12 City of Redmond's Fire Impact Fee Schedule 1999 -2006 Land Use Single- family Multi family Office 1 Retail 1 Industrial Excerpts Impact Fee $94.48 per residential unit $132.73 per residential unit $0.11 per square foot $0.13 per square foot $0.01 per square foot In order to develop the different rates for land use categories as shown above, the City of Redmond used historical data to determine the number of emergency (fire and aid) calls per land use type. Ernst Young noted that national emergency call data is available; however, it was important for Redmond to use Redmond data instead of national data, given that the jurisdiction has unique fire safety requirements. Page 45 of 67 Ernst Young noted that the City of Redmond's fire impact fee calculation and schedule met all aspects of RCW 82.02.050 and 82.02.060 and demonstrates a leading practice. Redmond's fire impact fee calculation and schedule takes the following items into consideration: System improvements that are reasonably related to growth The proportionate share of the costs of system improvements related to new development Finally, the City of Redmond reviewed its fire impact fee schedule in 2006 and noted that updates were needed. Therefore, the schedule was updated in 2006, and new rates were charged for fire impact fees. RECOMMENDATION Other cities within the State of Washington should be aware of the City of Redmond's leading practice for the fire impact fees schedule /calculation. Page 47 of 67 Page 41 of 67 DRz- F AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ESTABLISHING THE ASSESSMENT OF FIRE IMPACT FEES ON NEW RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL DEVELOPMENT IN THE CITY; PROVIDING FOR SEVERABILl'1 Y; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, pursuant to the Growth Management Act of the State of Washington and RCW 36.70A, the City of Tukwila has an adopted Comprehensive Plan, which includes provisions for fire protection facilities as part of its Capital Facilities Element; and WHEREAS, RCW 82.02.050 authorizes cities to impose impact fees on development activity as part of the financing for public facilities, including fire protection facilities, and WHEREAS, the Tukwila City Council desires to provide funding for fire protection facilities, as referenced in the Capital Facilities Element of the Comprehensive Plan, through the imposition of residential and non residential development impact fees; NOW, THEREFORE, THE CITY COUNCIL OF THE CFI Y OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section I. Findings. The City Council finds and determines that new growth and development in the City creates additional demand and need for public fire protection facilities in the City, and the City Council finds that new growth and development should pay its proportionate share of the costs for new fire service facilities to serve new growth and development in the City. The City Council believes that this can be accomplished by the assessment of fire impact fees on new residential, commercial, and industrial development in the City. It is the Council's intent that the provisions of this ordinance be liberally construed in establishing the fire impact fee program. Section 2. Definitions. Terms or words not defined herein shall be defined pursuant to RCW 82.02.090 when given their usual and customary meaning. For the purposes of this ordinance, unless the context or subject matter clearly requires otherwise, the words or phrases defined in this section shall have the following meanings: 1. The "Act" means the Growth Management Act, Chapter 17, Laws of 1990, First Extraordinary Session, Chapter 36.70A RCW et seq., and Chapter 32, Laws of 1991, First Special Session, as now in existence or hereinafter amended. 2. "Building permit" means an official document or certification of the City of Tukwila issued by the City's building official which authorizes the construction, alteration, enlargement, conversion, reconstruction, remodeling, rehabilitation, erection, placement, demolition, moving, or repair of a building or structure. 3. "City" means the City of Tukwila, Washington, County of King 4. "Development activity" means any construction of a building or structure that creates additional demand and need for fire safety facilities. 5. "Development approval" means any written authorization from the City, which authorizes the commencement of the "development activity C. \Documents and Settings \A 11 Uses\ Desktop \Kelly \MSDATA Ordinances \Fire Impact F=_es.doc LV:ksn 11/21/2008 Page 1 of 5 6 "Encumber" means to reserve, set aside, or earmark the fire impact fees in order to pay for commitments, contractual obligations, or other liabilities incurred for the provision of fire protective services. 7 "Fee payer" is a person, corporation, partnership, an incorporated association or governmental agency, municipality, or similar entity commencing a land development activity that requires a building permit and creates a demand for additional fire capital facilities. 8 "Impact fee" means the payment of money imposed by the City on development activity pursuant to this ordinance as a condition of granting development approval in order to pay for the fire facilities needed to serve new growth and development that is a proportionate share of the cost of fire capital facilities that is used for facilities that reasonably benefit new development. Impact fees do not include a reasonable permit fee, an application fee, and the administrative fee for collecting and handling fire impact fees or cost of reviewing independent -fee calculations. 9. "Owner" means the owner of record of real property, as found in the records of King County, Washington, or a person with an unrestricted written option to purchase property; provided, that if the real property is being purchased under a recorded real estate contract, the purchaser shall be considered the owner of the property. 10. "Proportionate share" means that portion of the cost for fire facility improvements that are reasonably related to the service demands and needs of new development. 11. "Public facilities" means the following capital facilities owned or operated by governmental entities: (1) public streets and roads; (2) publicly owned parks and open spaces and recreational facilities; (3) school facilities; (4) fire protection facilities not part of a fire district; and (5) police facilities and essential public facilities as defined by Chapter 36.70A RCW. Section 3. Fire Impact Fee Assessment. A. The City shall collect fire impact fees from applicants seeking development approvals from the City for any development activity in the City for which building permits are required. This will include the expansion of existing uses, which create the demand for fire protection services. B. Fire impact fees shall be assessed at the time of a technically complete building permit application that complies with the City's zoning ordinances and building and development codes. Fire impact fees shall be collected from the fee payer at the time the building permit is issued. C. Except if otherwise exempt, the City shall not issue the required building permit unless or until the fire impact fees are paid. Section 4. Use of Fire Impact Fees. A. Pursuant to this ordinance, fire impact fees shall be used for fire facilities that will reasonably benefit the City and its residents. B. Fees shall not be used to make up deficiencies in City facilities serving an existing development. C. Fees shall not be used for maintenance and operations, including personnel. D. Fire impact fees shall be used for but not limited to land acquisition, site improvements, engineering and architectural services, permitting, financing, administrative expenses and applicable mitigation costs, and capital equipment pertaining to fire protection facilities. E. Fire impact fees may also be used to recoup public improvement costs incurred by the City to the extent that new growth and development will be served by the previously constructed improvement. C \Documents and Settings \All Users Desktop Kelly MSDATA Ordinances Fire Impact Fees.doc LV:ksn 11/21/2008 Page 2 of 5 F. In the event bonds or similar debt instruments are or have been issued for fire facility improvements, impact fees may be used to pay the principal on such bonds. Section 5. Fire Impact Fee Capital Facilities Plan. In order to collect fire impact fees, the City must first adopt a Fire Capital Facilities Plan as an element of the City's Comprehensive Plan. The City's Capital Facilities PIan for fire protection services shall consist of the following elements: 1. The City's capacity over the next six years, based on an inventory of the City's fire facilities both existing and under construction; 2. The forecast of future needs for fire facilities based upon the City's population projections; 3. A six-year financial plan component, updated as necessary, to maintain at least a six-year forecast for financing needed within projected funding levels; 4. Application of the formula set forth in this ordinance based upon the information in the Capital Facilities Plan; and 5. City Council Action. No new or revised impact fee shall be effective until adopted by the City Council following a duly advertised public hearing to consider the City's Capital Facilities Plan or plan update. Section 6. Fire Impact Fee Formula. The impact fee formula is based on the assumptions found in Tukwila Fire Impact Fees, 2008, Exhibit A, and Tukwila Fire Department Capital Facilities List, Exhibit B, attached hereto and by this reference fully incorporated herein. FIRE IMPACT FEE CALCULATIONS Impact Fee Land Use 1 Per Residential Unit Per 1,000 Sq. Ft. GFA Single family 1 Multi family Office Retail 1 Industrial 1 Section 7. Fire Impact Fee Adjustments. A. The City may adjust a fire impact fee at the time the fee is imposed to consider unusual circumstances in specific cases to ensure that impact fees are imposed fairly. B. In calculating the fee imposed on a particular development, the City shall permit consideration of studies and data submitted by a developer to adjust the amount of the fee. The developer shall submit an independent fee calculation study to the Fire Chief who shall review the study to determine that the study 1. is based on accepted impact fee assessment practices and methodologies; 2. uses acceptable data sources and the data used is comparable with the uses and intensities planned for the proposed development activity; 3. complies with the applicable state laws governing impact fees; 4. is prepared and documented by professionals who are mutually agreeable to the City and the developer and are qualified in their respective fields; and 5. shows the basis upon which the independent fee calculation was made. C. In reviewing the study, the Fire Chief may require the developer to submit additional or different documentation. If an acceptable study is presented, the Fire Chief may adjust the fee to that appropriate for the particular development activity. If an acceptable study is not presented, the developer shall pay the impact fees required prior to submitting the study C. \Documents and °xttina \All Users Desktop Kelly \MSDATA Ordinances \Fire Impact Fees.dcc LY_ksn 11/21/2005 Page 3 of 5 D. A developer requesting an adjustment or independent fee calculation may pay the impact fees imposed by this ordinance to obtain a building permit while the City determines whether to partially reimburse the developer by making an adjustment or accepting the independent fee calculation. Section 8. Credits. A fee payer can request that a credit, or credits, be awarded to the fee payer for the value of dedicated land, improvements to, or new construction of any system improvements provided by the developer to facilities that are identified in the Capital Facilities Plan and that are required by the City as a condition of approving the development activity Section 9. Appeals. A. Arty fee payer may pay the impact fees imposed by this ordinance under protest in order to obtain a building permit. B. Appeals regarding fire impact fees imposed on any development activity may only be taken by the fee payer of the property where such development activity will occur. No appeal shall be permitted unless and until the impact fee at issue has been paid. C. Determinations of the City staff with respect to the applicability of fire impact fees to a given development activity, or the availability of a credit, can be appealed to the City's Hearing Examiner pursuant to this section. D An appeal shall be taken within 10 working days of payment of the impact fees under protest or within 10 working days of the City's issuance of a written determination of a credit or exemption decision by filing with the City Clerk a notice of appeal giving the reasons for the appeal with an accompanying appeal fee as set forth in the existing fee schedule for land use decisions. Section 10. Refunds. A. If the City fails to expend or encumber the impact fees within six years from the date the fees were paid, unless extraordinary circumstances or reasons exist, the current owner of the property on which the impact fees were paid may receive a refund of such fees. B. The City shall notify potential claimants by first class mail that they are entitled to a refund. In determining whether impact fees have been expended or encumbered, impact fees shall be considered expended or encumbered on a first -in, first out basis. C. Owners seeking a refund must submit a written request for a refund of the fees to the City within one year of the date the right to claim a refund arises or notice is given, whichever comes later. D. Any impact fees for which no application has been made within the one -year period shall be retained by the City and expended on appropriate fire facilities. E. Refunds of impact fees shall include any interest earned on the impact fees by the City Section 11. Exemptions. The fire impact fees are generated from the formula for calculating the fees as set forth in this ordinance. The amount of the impact fees is determined by the information contained in the adopted fire department master plan and related documents, as appended to the City's Comprehensive Plan. All new development located in the City will be charged a fire impact fee, provided that the following exemptions shall apply. Any development activity or project which has submitted a technically complete building permit application prior to the effective date of this ordinance shall be exempt from the payment of fire impact fees. The following shall be exempt from fire impact fees: 1. Replacement of a structure with a new structure having the same use, at the same site, and when such replacement is within 12 months of demolition or destruction of the previous structure; C: Documents and Settin \All us, D \Kelly \MSDATA ordinances \Fire Impact Fees.dcc LV:ksn 11/21/2008 Page 4 of 5 2. Alteration or expansion of or remodeling of an existing dwelling or structure where no new units are created and the use is not changed; 3. Construction of an accessory residential structure; 4. Miscellaneous improvements including, but not limited to, fences, walls, swimming pools, and signs; 5. Demolition of or moving an existing structure within the City from one site to another; 6. Low income housing developed by individuals, nonprofit corporations, or a housing authority may be exempted from impact fees at the discretion of City staff subject to: a. Fiscal impact analysis of the effect of impact fees upon low- income housing and how exempting housing from impact fees would forward the goals for low- income housing in the City and King County; b That adequate documentation be provided that the housing will remain available for low- income persons for a 10 -year period of time at affordable rents; and c. In the case of owner occupied dwellings, that such housing will be sold or leased at affordable rates to low- income households for a period of 10 years; and d. The impact fee for exempt development shall be calculated as provided by this ordinance and paid with public funds. Such payments may be made by including such amounts in the public share of the system improvements undertaken within the City for fire protection services and facilities. Section 12. Authority Unimpaired. Nothing in this ordinance shall preclude the City from requiring the fee payer to mitigate adverse and environmental affects of a specific development pursuant to the State Environmental Policy Act, Chapters 43.21C RCW and/ or Chapter 58.17 RCW, governing plats and subdivisions, provided that the exercise of this authority is consistent with Chapters 43.21C and 82.02 RCW Section 13. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 14. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force five days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008. Al T E ST /AUTHENTICATED: Christy O'Flaherty, City Clerk APPROVED AS TO FORM BY- Office of the City Attorney Jim Haggerton, Mayor Filed with the City Clerk: Passed by the City Council: Published. Effective Date: Ordinance Number- Attachments: Exhibit A Tukwila Fire Impact Fees, 2008 Exhibit B Fire Department Capital Facilities List C: \Documents and Setting \All riser, Desktop Kelly \MSDATA Ordinances \Fire Impact Fees.doc I.v:ksn 11/21/2005 Page 5 of 5 EXHIBIT A Tukwila Fire Impact Fees, 2008 TABLE 1. Tukwila Fire Impact Fee Calculation, 2008 Net Growth, 2008 -2020' Impact Fee 2007 2007 Per Land Use Housing Em to me Housing Building Employme g p y Units 3 Area 4 nt 5 Residential Per GFA Units -1 nt -2 Unit Single family 1 3,822 516 1 SO Multi- family 1 4,107 2,384 I 50 Office 1 6,245 370,500 1,482 80 Retail 1 20,384 1 2,418,000 4,836 80.00 Industrial 1 20,343 1 3,860,800 4,826 50.00 TOTALS 1 46,972 1 6,649,300 11,144 1. OFM numbers 2. PSRC 2007 Covered Employment Estimates 3. 43 SF du/yr, rest is ?.4F from 2007 Buildable Lands Report 4. Retail: 500gsf per emp; Office: 250gsf per emp; Industrial: 800gsf per emp; X emp growth 5. 90% of Buildable Lands Report estimates, at same as 2007 employment TABLE 2. Tukwila Fire Service Demand Calculation, 2008 Land Use Single family Multi family Office Retail Industrial NET TOTAL PERCENT OF SUBTOTAL 2007 Responses Incident Responses 619 866 445 1,039 362 3,332 13% 19% 10% 22% 8% 71% Fire Dept Land Fire Aid Total Use Categories Public Assembly I 12 1 42 54 Educational 18 1 30 1 48 Health Care* 1 27 1 90 1 117 Single- family 1 159 1 460 1 619 Apartments 224 1 570 1 794 Boarding House 1 0 1 2 1 2 Hotels 1 102 1 203 1 305 Business 1 441 1 590 1 1,031 Industrial 1 12 1 2 1 14 Manufacturing 1 57 1 47 1 104 Storage 1 81 1 163 1 244 SUBTOTAL 1 1,133 1 2.199 1 3,332 Proportion Based al on Net Reallocatio Total n of "Other" 19% 1 249 26% 1 349 13% I 179 31% 418 11% 1 146 100% 1 1,341 619 619 Revised 2007 Responses Incident Responses 868 1,215 625 1,458 508 4,673 Single- MuIti- family family 794 2 19% 26% 13% 31% 11% 100% Other 1,341 29% TOTAL 4,673 100% 1, 100% 1 1,341 4,673 1 100% Note: The 513,031,550 capital cost is 90% of 514,479,500 (the growth related fire capital cost). 227 296 TABLE 3. 2007 Incident Responses by Property Type Allocation to Impact Fee Categories IMPACT FEE CATEGORIES 48 70 47 54 305 351 680 14 104 244 866 445 1,039 362 Per 1,000 Sq. Ft. GFA SO 80 50 Incident Incident Responses Responses Incident per 1,000 per 1,000 Responses Units Employees 117 705 100.0 148 71.5 346 25 0 120 1,437 Office Retail Industrial TOTAL 3,332 19% 26% 13% 31% 11% 100% Special Property 1 275 1 855 1 1,130 1 1 1 1 1 1 Unclassified 1 148 1 63 1 211 1 1 1 1 1 1 SUBTOTAL 1 423 1 918 1 1,341 I I 1 1 1 1 Reallocation of Special Property 249 349 179 418 146 1,341 Unclassified TOTAL INCIDENT RESPONSES BY 868 1,215 625 1,458 508 4,673 L1IPACT FEE CATEGORY split 60% Multi family, 40% Office (Redmond) split 34% Office, 66% Retail (2007 Tukwila) Increase in Annual Incident Responses due to Growth 8% 49% 10% 24% 8°% 100% 100% Capital Costs Allocated by Incident Responses due to Growth 80 50 50 50 50 50 Fire Department Capital Facilities List EXHIBIT B Capital Facility Cost 1. Construct/build relocated Station 51 25,000 sf station; existing 15,000 sf station replacement due to growth, including bays for ladder truck and new aid car 2. Purchase aid car for Station 51 (new) 3. Purchase engine for Station 54 to replace aerial ladder truck 4. Purchase land for relocated Station 52, if Station 51 is relocated 5. Construct/build relocated Station 52, if Station 51 is relocated 25,000 gsf building x $400 /psf building construction cost 2 acre site (21,780 sf) x $25 /psf land cost 3 7,500 gsf building x $400 /psf building construction cost C:\Documents and Settings\All Users\ Desktop \Kellyy\MSDATA \Ordinances\Fire Exhbit B.doc LV:ksn 11/14/2008 10,000,000 185,000 750,000 544,500 3,000,000 TOTAL 14,479,500 Page 1 of 1 CC: Mayor Haggerton Rhonda Berry RE: Proposed Parks Impact Fees ISSUE INFORMATION MEMORANDUM To: Finance and Safety Committee (action) Community Affairs and Parks (information) FROM: Lisa Verner, Mayor's Office Rick Still, Deputy Parks Recreation Director DATE: November 18, 2008 Adopt an ordinance for Parks impact fees for funding of capital facilities needed by Parks services due to anticipated new growth and development. BACKGROUND The Administration is evaluating new sources of revenue for the City. One such source is "impact fees" through which new development helps to pay for capital facilities necessitated due to the new growth. Mayor Haggerton's goal is to analyze options and to adopt impact fees by the end of 2008. The Growth Management Act allows impact fees for parks services and for fire services, in addition to the traffic impact fees the City has already enacted. In order to consider and adopt impact fees, the City needs to have an adopted Parks Plan. The City Council adopted the Parks, Recreation and Open Space Plan on June 23, 2008 and amended this plan on November 17, 2008 by establishing a level -of- service for parks and opens space. Additionally, RCW 82.02.050 (4) says, in part: Impact fees may be collected and spent only for the public facilities defined in RCW 82.02.090 which are addressed by a capital facilities element of a comprehensive land use plan adopted pursuant to the provisions of RCW 36.70A.070... An ordinance to amend the Capital Facilities Element of the City's Comprehensive Plan was before the COW on November 10 for public hearing and discussion. It is scheduled for adoption on December 1. Among other things, the amendment will incorporate by reference the 2008 Parks, Recreation and Open Space Plan, as amended. The Parks LOS ordinance was approved on November 17, 2008 and includes a list of Parks capital projects (some of which will be paid for through impact fees). A public hearing on impact fees is scheduled for November 24, 2008. DISCUSSION The State Legislature authorized impact fees when it adopted the Growth Management Act in 1990 as one mechanism to help communities address growth. According to RCW 82.02.050 (1), it is the intent of the State Legislature: (a) To ensure that adequate facilities are available to serve new growth and development; (b) To promote orderly growth and development by establishing standards by which counties, cities, and towns may require, by ordinance, that new growth and development pay a proportionate share of the cost of new facilities needed to serve new growth and development; and (c) To ensure that impact fees are imposed through established procedures and criteria so that specific developments do not pay arbitrary fees or duplicative fees for the same impact. Impact fees can be assessed for traffic, parks, fire and schools. The City already assesses a traffic impact fee. The Mayor is asking the Council to consider assessing a parks impact fee and a fire impact fee. None of the school districts which serve Tukwila have asked the City to collect a school impact fee on their behalf. Impact fees are used to provide funds for capital projects or capital facilities which are needed because of new growth. They are used to fund projects which maintain the same level of service for new growth as is provided for existing development. They may not be used for projects which are needed due to current deficiencies in public facilities serving existing development. In essence, impact fees are a mechanism for "growth to pay for growth." The ordinance address the fee foiniula, adjustments, credits, appeals, refunds and exemptions as well as use of the impact fees. Also, the ordinance includes a spreadsheet for calculating an impact fee and a list of projects for which the impact fee would be collected. Conceptually, the fee formula identifies the anticipated growth between 2009 and 2020 (12 years) in five land use categories and the cost of capital facilities needed to serve that growth and divides them proportionally. The variables include the request for service (the amount of parks and recreation services needed per resident or per person employed in the City of Tukwila) and the growth anticipated in each land use category. Because the City has a strong track record of both residents and employees using park and recreation facilities, an impact fee for commercial/industrial uses as well as an impact fee for residential uses is proposed. A brief discussion of two of the attachments is a follows. Attachment B: The PARKS Impact Fee Options page compares two differing project totals, three differing City contributions, and three corresponding differing impact fees for five different land use categories. These numbers are representing the collection of fees over a 12 year period, 2009 to 2020. The five land use categories below each Capital Project Total amount is: per single family dwelling, per multi- family dwelling unit, per 1,000 gsf of office use, per 1,000 gsf retail use and per 1,000 gsf of industrial use. Option A indicates the impact fees and City contribution amounts if the Capital Projects Totaled $12,250,000. This is the total amount of projects that corresponds to the Level -of- Service adopted by the City Council. Option B indicates the impact fee and City contribution amounts if a lesser level -of- service is chosen for a total project amount of $8,750,000. This lesser level -of- service is shown to represent another option the City Council could choose. Both Options A B, have three additional breakdowns included identifying what the cost association is for three different collection rates and corresponding City contribution rates. If impact fees are collected at 90% of the total and the City's Contribution is 10 80% impact fees and 20% City's contribution; and 70% impact fees and 30% City's Contribution are listed across the page to the right for each land use category. The main issue before the City Council is adopting an ordinance for Parks impact fees for funding of capital facilities needed by Parks services due to anticipated new growth and development. There are two main sub issues the City Council needs to determine to establish the Parks Impact Fees Sub -Issue One: The City Council needs to determine what Level -of- Service they want to collect impact fees. Sub -Issue Two: The City Council needs to determine what percentage of the Capital Projects Total Cost they want to contribute. SPECIAL NOTE: The finance and Safety Committee has requested two pieces of additional information: 1. What is the Impact Fee /City Contribution percentage being collected /paid by the city for future growth for the six sample cities' park impact fees near the bottom of Attachment A. This information is being collected from these cities and will be provided to the City Council. 2. What is the justification for the `Hours Der Week' listed on Attachment B? An analysis of the Tukwila Community Center users indicates that a resident uses their facility pass 2.44 times more than that of a business pass holder. The ratio for the formula would be the same if we use 1.0 time per week for a business user and 2.44 times per week for resident OR if we use 0.41 times per week for a business user and 1.0 time per week for resident. Since the ratio would be the same the percent used for the Impact Fee Cost Allocation would be the same. Attachment C Table 1: 2008 Park Impact Fee Calculation was based upon the City of Redmond's Park Impact Fee model. On the left of the foiiii, the five land use categories are listed. The next three columns indicate the 2007 units for the respective land uses; followed by the next three columns indicate the 2020 estimated units for the respective land uses. The Net Growth from 2008 to 2020 is calculated by subtracting the 2020 minus the 2007 numbers. At the very top right hand comer of Attachment C, a formula is shown for how the numbers are calculated to develop a `percent of hours' of park use for each land use category. These percentages are then multiplied by Impact Fee to collect the funds to meet the level -of- service identified on Attachment B to determine the Cost Allocation per land use. The Cost Allocation is multiplied by the number of units (A -1 or A -2, respectfully) to determine the cost per unit or Impact Fee. Note: Exhibit A, Table 1: 2008 Park Impact Fee Calculations the sample used is the adopted Level of Service of $12,250,000 and a 90% Impact Fee ($11,025,000) with a 10% City's Contribution ($1,225,000). The City will need to contribute the $1,225,000 for the capital improvements plus the ongoing maintenance and operations cost for the life of the projects RECOMMENDATION Adopt an ordinance which authorizes assessment of impact fees for capital facilities for Parks Level -of- Service services needed due to new growth Attachment A: Project List Park Impact Fees Attachment B: Parks Services Impact Fee Options Attachment C: Parks Impact Fee Calculations Attachment A Questions for consideration: 1) Should the City collect Impact Fees on the entire list of projects? 2) At what percentage should the City implement Park Impact Fees (90/10 split or 80/20 split Project List Park Impact Fees Duwamish Riverbend Hill Trail Connections Tukwila Pond Southgate Park City of Tukwila Pool Boat Launch TOD Pedestrian Bridge Develop Phase II Green River Trail to Renton Black/Cedar River Development Phase II Expand and Develop [Extend land lease]; expand features and services Christianson, Codiga, Fort Dent, Log Cabin Sounder Connection Total Project Cost $3,000,000 1,000,000 $3,000,000 1,000,000 $1,500,000 $750,000 52,000,000 S12,250,000 ATTACHMENT B PARKS IMPACT FEE OPTIONS ATTACHMENT C TUKWILA PARKS IMPACT FEES 2008 TABLE 1: 2008 PARK IMPACT FEE CALCULATION a T '1% t ii AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ESTABLISHNG THE ASSESSMENT OF PARKS IMPACT FEES ON NEW RESIDENTIAL, COMMERCIAL, AND INDUSTRIAL DEVELOPMENT IN THE CITY; PROVIDING FOR SEVERABILITY; AND ESTABLISHNG AN EFFECTIVE DATE. WHEREAS, pursuant to the Growth Management Act of the State of Washington and RCW 36.70A, the City of Tukwila has an adopted Comprehensive Plan, which includes provisions for parks facilities as part of its Capital Facilities Element; and WHEREAS, RCW 82.02.050 authorizes cities to impose impact fees on development activity as part of the financing for public facilities, including parks facilities; and WHEREAS, the Tukwila City Council desires to provide funding for parks facilities, as referenced in the Capital Facilities Element of the Comprehensive Plan, through the imposition of residential and non residential development impact fees; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. Findings. The City Council finds and determines that new growth and development in the City creates additional demand and need for public parks facilities in the City, and the City Council finds that new growth and development should pay its proportionate share of the costs for new parks facilities to serve new growth and development in the City. The City Council believes that this can be accomplished by the assessment of parks impact fees on new residential, commercial, and industrial development in the City. It is the Council's intent that the provisions of this ordinance be liberally construed in establishing the parks impact fee program. Section 2. Definitions. Terms or words not defined herein shall be defined pursuant to RCW 82.02.090 when given their usual and customary meaning. For the purposes of this ordinance, unless the context or subject matter clearly requires otherwise, the words or phrases defined in this section shall have the following meanings: 1. The "Act" means the Growth Management Act, Chapter 17, Laws of 1990, First Extraordinary Session, Chapter 36.70A RCW et seq., and Chapter 32, Laws of 1991, First Special Session, as now in existence or hereinafter amended. 2. "Building permit" means an official document or certification of the City of Tukwila issued by the City's building official which authorizes the construction, alteration, enlargement, conversion, reconstruction, remodeling, rehabilitation, erection, placement, demolition, moving, or repair of a building or structure. 3. "City" means the City of Tukwila, Washington, County of King. 4. "Development activity" means any construction of a building or structure that creates additional demand and need for parks facilities. 5. "Development approval" means any written authorization from the City, which authorizes the commencement of the "development activity C. \Documents and Setting \All Users Desktop Kelly \MSDATA Ordinances \Parks Impact Fees.doc LV_ksn 11/21/200S Page 1 of 5 6. "Encumber" means to reserve, set aside, or earmark the parks impact fees in order to pay for commitments, contractual obligations, or other liabilities incurred for the provision of parks services. 7. "Fee payer" is a person, corporation, partnership, an incorporated association or governmental agency, municipality, or similar entity commencing a land development activity that requires a building permit and creates a demand for additional parks capital facilities. 8. "Impact fee" means the payment of money imposed by the City on development activity pursuant to this ordinance as a condition of granting development approval in order to pay for the parks facilities needed to serve new growth and development that is a proportionate share of the cost of parks capital facilities that is used for facilities that reasonably benefit new development. Impact fees do not include a reasonable permit fee, an application fee, and the administrative fee for collecting and handling parks impact fees or cost of reviewing independent fee calculations. 9. "Owner" means the owner of record of real property, as found in the records of King County, Washington, or a person with an unrestricted written option to purchase property; provided, that if the real property is being purchased under a recorded real estate contract, the purchaser shall be considered the owner of the property. 10. "Proportionate share" means that portion of the cost- for parks facility improvements that are reasonably related to the service demands and needs of new development. 11. "Public facilities" means the following capital facilities owned or operated by governmental entities: (1) public streets and roads; (2) publicly owned parks and open spaces and recreational facilities; (3) school facilities; (4) fire protection facilities not part of a fire district; and (5) police facilities and essential public facilities as defined by Chapter 36.70A RC41'. Section 3. Parks Impact Fee Assessment. A. The City shall collect parks impact fees from applicants seeking development approvals from the City for any development activity in the City for which building permits are required. This will include the expansion of existing uses, which create the demand for parks services. B Parks impact fees shall be assessed at the time of a technically- complete building permit application that complies with the City's zoning ordinances and building and development codes. Parks impact fees shall be collected from the fee payer at the time the building permit is issued. C. Except if otherwise exempt the City shall not issue the required building permit unless or until the parks impact fees are paid. Section 4. Use of Parks Impact Fees. A. Pursuant to this ordinance, parks impact fees shall be used for parks facilities that will reasonably benefit the City and its residents. B. Fees shall not be used to make up deficiencies in City facilities serving an existing development. C. Fees shall not be used for maintenance and operations, including personnel. D. Parks impact fees shall be used for but not limited to land acquisition, site improvements, engineering and architectural services, permitting, financing, administrative expenses and applicable mitigation costs, and capital equipment pertaining to parks facilities. C. \Documents and Setting \All Users \Desktop Kelly \MSDATA Ordinances \Parks Impact Fees.doc LV_ksn 11/21/2008 Page 2 of 5 E. Parks impact fees may also be used to recoup public improvement costs incurred by the City to the extent that new growth and development will be served by the previously constructed improvement. F. In the event bonds or similar debt instruments are or have been issued for parks facility improvements, impact fees may be used to pay the principal on such bonds. Section 5. Parks Impact Fee Capital Facilities Plan. In order to collect parks impact fees, the City must first adopt a parks capital facilities plan as an element of the City's Comprehensive Plan. The City's Capital Facilities Plan for parks services shall consist of the following elements: 1. The City's capacity over the next six years, based on an inventory of the City's parks facilities both existing and under construction, 2. The forecast of future needs for parks facilities based upon the City's population projections; 3. A six-year financial plan component, updated as necessary, to maintain at least a six-year forecast for financing needed within projected funding levels; 4. Application of the formula set forth in this ordinance based upon the information in the Capital Facilities Plan; and 5. City Council Action. No new or revised impact fee shall be effective until adopted by the City Council following a duly advertised public hearing to consider the City's Capital Facilities Plan or plan update. Section 6. Parks Impact Fee Formula. The impact fee formula is based on the assumptions found in Tukwila Parks Impact Fees, 2008, Exhibit A, and Tukwila Parks Capital Facilities List, Exhibit B, attached hereto and by this reference fully incorporated herein. Land Use Single Family Multi- Family Office Retail Industrial PARKS IMPACT FEE CALCULATIONS Impact Fee Per Residential Unit 1 Per 1,000 Sq. Ft. GFA Section 7. Parks Impact Fee Adjustments. A. The City may adjust a parks impact fee at the time the fee is imposed to consider unusual circumstances in specific cases to ensure that impact fees are imposed fairly. B. In calculating the fee imposed on a particular development, the City shall permit consideration of studies and data submitted by a developer to adjust the amount of the fee. The developer shall submit an independent fee calculation study to the Director of Parks and Recreation, who shall review the study to determine that the study: 1. is based on accepted impact fee assessment practices and methodologies; 2. uses acceptable data sources and the data used is comparable with the uses and intensities planned for the proposed development activity; 3. complies with the applicable state laws governing impact fees, 4. is prepared and documented by professionals who are mutually agreeable to the City and the developer and are qualified in their respective fields, and 5. shows the basis upon which the independent fee calculation was made. C: \Documents and setting \,"-J1 Useis\ D K \MSDATA Ordinances \Parks Impact Fees.doc LV :ksn 11/21/2008 Page 3 of 5 C. In reviewing the study, the Director of Parks and Recreation may require the developer to submit additional or different documentation. If an acceptable study is presented, the Director of Parks and Recreation may adjust the fee to that appropriate for the particular development activity If an acceptable study is not presented, the developer shall pay the impact fees required prior to submitting the study D. A developer requesting an adjustment or independent fee calculation may pay the impact fees imposed by this Ordinance to obtain a building permit while the City determines whether to partially reimburse the developer by making an adjustment or accepting the independent fee calculation. Section 8. Credits. A fee payer can request that a credit, or credits, be awarded to the fee payer for the value of dedicated land, improvements to, or new construction of any system improvements provided by the developer to facilities that are identified in the Capital Facilities Plan and that are required by the City as a condition of approving the development activity. Section 9. Appeals. A. Any fee payer may pay the impact fees imposed by this ordinance under protest in order to obtain a building permit. B Appeals regarding parks impact fees imposed on any development activity may only be taken by the fee payer of the property where such development activity will occur No appeal shall be permitted unless and until the impact fee at issue has been paid. C. Determinations of the City staff with respect to the applicability of parks impact fees to a given development activity, or the availability of a credit, can be appealed to the City's Hearing Examiner pursuant to this section. D. An appeal shall be taken within 10 working days of payment of the impact fees under protest or within 10 working days of the City's issuance of a written determination of a credit or exemption decision by filing with the City Clerk a notice of appeal giving the reasons for the appeal with an accompanying appeal fee as set forth in the existing fee schedule for land use decisions. Section 10. Refunds. A. If the City fails to expend or encumber the impact fees within six years from the date the fees were paid, unless extraordinary circumstances or reasons exist, the current owner of the property on which the impact fees were paid may receive a refund of such fees. B The City shall notify potential claimants by first class mail that they are entitled to a refund. In determining whether impact fees have been expended or encumbered, impact fees shall be considered expended or encumbered on a first -in, first out basis. C. Owners seeking a refund must submit a written request for a refund of the fees to the City within one year of the date the right to claim a refund arises or notice is given, whichever comes later D Any impact fees for which no application has been made within the one -year period shall be retained by the City and expended on appropriate parks facilities. E. Refunds of impact fees shall include any interest earned on the impact fees by the City Section 11. Exemptions. The parks impact fees are generated from the formula for calculating the fees as set forth in this ordinance. The amount of the impact fees is determined by the information contained in the adopted parks master plan and related documents, as appended to the City's Comprehensive Plan. All new development located in the City will be charged a parks impact fee, provided that the following exemptions shall apply. Any development activity or project which has submitted a technically complete building permit application prior to the effective date of this C \Documenis and Setting All Users \De ktop \Ke_lly \MSDATA\ Ordinances\ Parks Impact Fees.dcc LV:ksn 11/21/2CO5 Page4of5 ordinance shall be exempt from the payment of parks impact fees. The following shall be exempt from parks impact fees: 1. Replacement of a' structure with a new structure having the same use, at the same site, and when such replacement is within 12 months of demolition or destruction of the previous structure; 2. Alteration or expansion of or remodeling of an existing dwelling or structure where no new units are created and the use is not changed, 3. Construction of an accessory residential structure; 4. Miscellaneous improvements including, but not limited to, fences, walls, swimming pools, and signs; 5. Demolition of or moving an existing structure within the City from one site to another; 6. Low income housing developed by individuals, nonprofit corporations, or a housing authority may be exempted from impact fees at the discretion of City staff subject to: a. Fiscal impact analysis of the effect of impact fees upon low income housing and how exempting housing from impact fees would forward the goals for low- income housing in the City and King County; b. That adequate documentation be provided that the housing will remain available for low- income persons for a 10 -year period of time at affordable rents; and c. In the case of owner- occupied dwellings, that such housing will be sold or leased at affordable rates to low income households for a period of 10 years; and d. The impact fee for exempt development shall be calculated as provided by this ordinance and paid with public funds. Such payments may be made by including such amounts in the public share of the system improvements undertaken within the City for parks services and facilities. Section 12. Authority Unimpaired. Nothing in this Ordinance shall preclude the City from requiring the fee payer to mitigate adverse and environmental affects of a specific development pursuant to the State Environmental Policy Act, Chapters 43.21C RCW and /or Chapter 58.17 RCN, governing plats and subdivisions, provided that the exercise of this authority is consistent with Chapters 43.21C and 82.02 RCW. Section 13. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 14. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force five days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008. ATTEST /AUTHENTICATED: Christy O'Flaherty, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney Jim Haggerton, Mayor Filed with the City Clerk: Passed by the City Council: Published: Effective Date: Ordinance Number. Attachment: Tukwila Parks Impact Fees, 2008, Exhibit A Tukwila Parks Capital Facilities List, Exhibit B C. \Documents and Setting \All w ars \Desktop\ K \MSDATA \Ordinances \Parka Impact Fees.doc LV :ksn 11/21/2COS Page 5 of 5 EXHIBIT A TUKWILA PARKS IMPACT FEES 2008 TABLE 1 2008 PARK IMPACT FEE CALCULATIONS Tukwila Parks Capital Facilities List Project List Impact Fees 2009 to 2015 Duwamish Riverbend Hill Trail Connections Tukwila Pond Southgate Park City of Tukwila Pool Boat Launch TOD Pedestrian Bridge EXHIBIT B Develop Phase II Green River Trail to Renton Black/Cedar River Development Phase II Expand and Develop [Extend land lease]; expand features and services Christianson, Codiga, Fort Dent, Log Cabin Sounder Connection C:\Documents and Settings\A11 Users\ Desktop \Keilp\.MSDATA \ordinances\Parks Impact Exhibit B.doc LV:ksn 11/14/2008 Total Page 1 of 1 Project Cost 3,000,000 1,000,000 3,000,000 1,000,000 1,500,000 750,000 2,000,000 12,250,000 Use of Impact Fees in Federal Way, Olympia, Maple Valley, Redmond and Vancouver Report No. 1000014 October 14, 2008 www.sao.wa.gov Washington State Auditor Brian Sonntag, CGFM PERFORMANCE AUDIT REPORT Brian Sonntag, CGFM Washington State Auditor Li he Puget Sound Region experienced an unprecedented building boom during this decade. Impact fees' purpose is to help offset the costs of services associated with new development, such as roads, schools, fire facilities and parks. We chose this audit to examine whether cities are effectively and efficiently using of this revenue source. We selected the five cities with the state's highest impact fee revenue from fiscal years 2004 to 2006 to find out if: Cities are collecting and administering impact fees appropriately and in accordance with state law. The public is getting what it is paying for. Performance audits are conducted under the provisions of citizens Initiative 900. This audit was conducted on our behalf by Ernst Young in accordance with Generally Accepted Government Auditing Standards. Cities have an opportunity to improve transparency and access to public information by posting their annual impact fee reports on their Web sites. While cities are required by state law to report the information annually, not all cities are posting the information on their Web sites. It is good policy to make that information readily available to citizens. We hope all cities and counties that impose imact fees will take advantage of the best practices identified in this audit. If you are interested in following up on the audit resolution or public hearings, please check our Web site at: http: /www.sao.wa.gov/ PerformanceAudit/audit_reports.htm. Mission Statement The State Auditor's Office independently serves the citizens of Washington by promoting accountability, fiscal integrity and openness in state and local government. Working with these governments and with citizens, we strive to ensure the efficient and effective use of public resources. What is an impact fee? A one -time fee to offsetthe cost of services associated with new development. Cities can collect four types of impact fees: School, fire, park and=- transportation impact fees. impact fees are intended to= supplement other funding sources and state law requires that they bespent on facilities for which they are== collected. How are they administered? =State law allows municipalities I required to or choose-= =to plan under the Growth Management Act to assess impact fees. Cities set the_ rate_:= for and -the impact :Who pays impact fees? _Impact fees are charged to builders as part of the building____ permit process. Impact fees typically passed .invisibly frorn__- the builder to the customer 1 Objectives The audit was designed to determine: 1. The method each city uses to calculate impact fees based on the direction in state law (RCW 82.20.050); 2. How each city demonstrates that these fees are appropriate; and 3. How effectively each city uses impact fees to pay for public facilities that: Correspond to the demand for public facilities from new development. Benefit new development proportionate to its share of the financing of new or expanded facilities; and are consistent with a comprehensive plan or a capital element of a comprehensive land use plan that has been adopted in accordance with state law. If the city does not meet these objectives, what are the resulting costs to all residents and what can be done to reduce those costs? Additionally, the audit addressed the nine elements contained in Initiative 900, outlined on page 5 of this summary. The audit cost $726,466. Legislature Several of the issues identified during the audit are caused by a lack of clarity in laws governing impact fees, particularly regarding the items cities may purchase with impact fee money. For instance, Olympia interpreted the law regarding road impact fees to allow it to spend the money on bike trails. Redmond interpreted the law regarding fire impact fees to allow the City to purchase fire trucks. The law states the fees can only be spent on fire "facilities;" however the law does not define a fire facility. The Legislature has an opportunity to empower cities to improve their performance and definitively comply with state law. Issues The audit identified three main conclusions regarding the five cities' collection and use of impact fees. Lack of clarity in state law may be causing some cities to calculate and spend impact fees in a manner that could be inappropriate. One city is charging builders higher impact fees than they should and their fees are not supported by a capital facilities plan as prescribed by law. We recommend that city discontinue charging the fees until they are supported. New developments in some cities are receiving questionable benefits for the impact fees paid. Best Practices Identified for All Municipalities The audit identifies a number of best practices that streamline or improve the collection, assessment and use of impact fees in order to minimize the costs and maximize the benefits associated with them. The complete text of Initiative 90015 available at www.sao.wa.gov/ PerformanceAudit PDFDocuments /i900. pdf. Visit www. sao.wa.gov/ PerformanceAudit/ audit reports.htm for: Full report Cities' responses, action plans Public hearings Cities' annual status reports 2 Audit Issues udit R inanciiaf Impacts 1. Capital Facilities State law defines capital facilities for fire, transportation, park and school impact fees. However, the definitions are ambiguous, resulting in cities applying varying interpretations of the term. 2. Fire Districts The City of Redmond Fire Department has developed a leading practice in its relationship with Fire District 34. The fire department's method of allocating costs of new capital facilities between the city and Fire District 34 should be evaluated for use by other cities and districts. 3. Park Zoning Olympia may not be spending park impact fees as effectively as it could, based on the results of a citizen survey and based on other cities' use of multiple park zones. 4. Interest- Bearing Accounts Each city uses a different method to allocate interest payments to impact fee general ledger accounts. The City of Vancouver's method of allocating interest is a leading practice among the Cities. 5. School Impact Fee Interest Olympia and Federal Way do not remit any interest they earn on school impact fees to the school districts; therefore, the interest income is not spent on the purpose for which the impact fee was imposed, as required by state law. The Washington Legislature should amend RCW 82.02.090 to better define capital facilities and the following terms: 1. "Fire protection facilities" 2. "Public streets and roads" 3. "School facilities" 4. Address whether transportation impact fees can be spent on multimodal transportation (i.e., biking, walking, etc.). Washington cities should be aware of the City of Redmond's leading practice in its relationship with Fire District 34 and attempt to institute a similar contract if that city has a relationship with a neighboring fire district. Olympia should consider removing the "one-haft to one mile" and "10- to 20- minute walk" from its definition of a "Neighborhood Park." Olympia should consider dividing the City into two park zones to demonstrate a clear relationship between where impact fees are collected and spent. Two zones for park impact fees would appear to be reasonable, as the City is approximately six miles across. Cities should consider using technology similar to Vancouver's system that allows for daily allocation of interest and minimizes manual data entry. Cities should not allocate interest based on a rate that is not equal to actual interest earned. The Legislature should consider modifying RCW 82.02.070 to better define "separate interest- bearing accounts." Cities should allocate actual interest earnings on school impact fees collected and remit those interest earnings to the appropriate school district(s) so the interest earned on impact fees can be spent in accordance with state law. $876,709 A more accurate allocation of costs between a city and related fire districts. $36,974 Using an automated system will reduce staff time currently used in manual processes. Accurately tracking interest income reduces the risk of errors or fraud. Clarifying an ambiguous law will help cities. $9,469 3 Audit issues l udit Recommendations F inancial Impacts- 6. Fire Impact Fee Schedule/ Calculation Olympia's fire impact fee schedule/ calculation does not effectively demonstrate the connection between growth and system improvements. Olympia does not take into account the cost of public facilities necessitated by new development or the availability of other financing. Redmond has developed a leading practice in its fire impact fee schedule /calculation, specifically the method it uses to take into account the impacts of fire and aid calls by land use type, projected growth by land use type and the fire Capital Facilities Plan. 7. School Impact Fee Schedule/ Calculation Some cities that collect school impact fees are not consistently reviewing impact fee calculations prepared by school districts. 8. Transportation Impact Fee Schedule /Calculation Redmond uses several leading practices in calculating, charging and maintaining its transportation impact fee. 9. Permit System Redmond inputs collection, interest earnings, and expenditure of each impact fee in a database and in the City's cash receipt system. The City is duplicating work by entering the same information twice. Vancouver and Olympia integrated their permitting systems with their accounting systems. This is a leading practice that results in more effective intemal controls and limits manual data entry. Cities should be aware of Redmond's leading practice for the fire impact fees schedule /calculation. The City of Olympia should revisit its fire impact fee schedule and consider if it is suitable to continue charging the fire impact fee. Specifically, Olympia should more effectively address RCW 82.02.050 and 82.02.060 in its calculation and demonstrate the fire impact fee it charges reasonably relates to system improvements that are reasonably attributable to growth. Additionally, the City of Olympia should consider implementing a periodic review of its fire impact fee calculation and schedule to determine if the fee is still adequate, given the city's capital facility needs and anticipated growth. Cities should revisit their review process of the school impact fee calculation /schedule and capital facilities plan, knowing they may be involved if litigation results from the school impact fee assessed. Cities should consider a construction cost adjustment to align transportation impact fees with the cost of projects they fund. Cities that calculate impact fees based on a short-term project list should consider expanding that list to include projects farther in the future that will be needed to accommodate growth. -Cities should adopt a transportation impact fee schedule that allows developers to easily determine the impact fee to be paid upon building permit issuance. The transportation fee schedule should be based on typical land uses and trips per land use. Redmond should eliminate database tracking of individual impact fee collection, expenditures, and interest allocation to save staff time. All cities should maintain a permit system that automatically interfaces with its accounting system. Leading practices are in place in Vancouver and Olympia. $185,565 $345,313 Cities benefit by having more confidence that the school impact fee they charge is appropriate. Impact fees will more closely match the costs they support. Cities may charge a fee that better represents the cost of growth. Developers will be able to calculate and understand their transportation impact fee without outside assistance. $76,280 4 i_ nitiative 900 requires the State Auditor's Office to identify best practices ei dur each performance audit. The following best practices were in place at the cities during the audit: Redmond The City of Redmond Fire Department's method of allocating costs of new capital facilities between the City and Fire District 34 should be evaluated for implementation in other cities and districts. The City of Redmond's fire impact fee calculation and schedule met all aspects of the related state laws and demonstrates a leading practice by taking the following items into consideration: System improvements that are reasonably related to growth The proportionate share of the costs of system improvements related to new development Redmond employs several leading practices with respect to calculating, charging, and maintaining its transportation impact fee. These leading practices include: Inflation indexing Costs based on a long -range plan Adopted fee schedules by land use Vancouver The City of Vancouver uses the Emphasys SymPro system to assist in managing the city treasury function, including interest allocation. The system tracks investment earnings and interfaces with the city's general ledger to retrieve the daily balances for all accounts to which to allocate interest. Investment earnings are then allocated across the general ledger accounts based on their average daily balances. The City of Vancouver's school impact fee review process is a leading practice, as the City demonstrates the most in -depth and comprehensive review of the school impact fee calculation and schedule. Vancouver and Olympia The cities of Vancouver and Olympia integrated their permitting systems with their accounting systems. This was identified as a leading practice among the Cities due to the tighter internal controls and minimal manual entry. About Initiative 900 Washington voters approved _Initiative 900 in November_ 2005; giving the State Auditor's Office the authority to conduct independent performance audits of state and local government_- entities on behalf of citizens toprornote accountability and cost- effective uses 'of public resources. 1 -900 directs'the Office to address the following elements in each performance audit: Identification of cost savings. 6: Identification of services that can be reduced or eliminated:: Identification of programs or services that can be transferred_ if to the private sector. Analysis of gaps or overlaps in programs or services and recommendations to correct them. Feasibility of pooling auditee's_ information technology systems. Analysis of the roles and functions of the auditee and. recommendations to change or eliminate roles or functions. Recorrimendations forstatutory or regulatory changes that rnay_° be necessary for the auditee to properly carry out its functions. Analysisof the auditee's per formance__data, performance self assessment systems= 9. identification of best practices_. :Initiative 900 provides no penalties forauditees that do riot- followrecommendations in performance audit reports._ The`complete text of -the Initiative is available' at: ww w.sao.wa.gov/ PerformanceAudit PDFDocuments /i900.pdf. 5 We made the following recommendations to the Washington Legislature: Amend RCW 82.02.090 to better define capital facilities and alleviate ambiguity. Consider modifying RCW 82.02.070 to better define "separate interest bearing accounts." n 900 requires the legislative bodies for the governments in this report to hold at least one public hearing to consider the audit results and receive comments from the public within 30 days of this report's issue. The corresponding legislative body must consider this report in connection with its spending practices. A report must be submitted by the legislative body by July 1 each year detailing the status of the legislative implementation of the State Auditor's recommendations. Justification must be provided for recommendations not implemented. Details of other corrective action must be provided as well. The state Legislature's Joint Legislative Audit and Review Committee (JLARC) will summarize any statewide issues that require action from the Legislature and will notify the appropriate fiscal and policy committees of public hearing agendas. Follow -up performance audits of any state or local government entity or program may be conducted when determined necessary by the State Auditor. Initiative 900 provides no penalties for state agencies or local governments that do not follow recommendations made in performance audit reports. To receive electronic notification of audit reports, sign up at: https: /www.sao.wa.gov /applications/ subscriptionservices/ ILARCposts its 1 -900 public hearings and agendas at: http: www.leg.wa.gov/ ILARC/i- 900.htm 6 Washington State Auditor sonntagb @sao.wa.gov (360) 902 -0360 Director of Performance Audit Linda Long, CPA, CGFM, CGAP Iongl @sao.wa.gov (360) 902 -0367 Brian Sonntag, CGFM Communications Director Mindy Chambers chamberm @sao.wa.gov (360) 902 -0091 To request a public record from the State Auditor's Office: Mary Leider, Public Records Officer Ieiderm @sao.wa.gov (360) 725 -5617 For general information from the State Auditor's Office: Main phone number (360) 902 -0370 Web site http: /www.sao.wa.gov Toll-free hotline for reporting government waste and abuse (866) 902 -3900 To find your legislator http: /apps.leg.wa.gov /districtfinder To contact the City of Federal Way: Mayor Jack Dovey jack.dovey @cityoffederalway.com (253) 835 -2401 To contact the City of Olympia: Mayor Doug Mah dmah @ci.olympia.wa.us (360) 753 -8447 To contact the City of Maple Valley: Mayor Laure lddings council@ci.maple-valley.wa.us (425) 413 -8800 To contact the City of Redmond: Mayor John Marchione mayor @redmond.gov (425) 556 -2101 To contact the City of Vancouver: Mayor Royce Pollard mayor @ci.vancouver.wa.us (360) 696 -8211 Americans with Disabilities In accordance with the Americans with Disabilities Act, this document will be made available in alternate formats. Please call (360) 902 -0370 for more information. 7 State of Washington Performance Audit of Impact Fees i!i ERNST& YOUNG Quallfyln Everything We Do AUDIT AREA 3 PARK ZONING State of Washington Performance Audit of Impact Fees FINDING The use of multiple zones is seen as an effective way to reasonably relate the collection and expenditures of park impact fees to areas experiencing growth as discussed at the end of this page. Based on the use of one zone, the City of Olympia is potentially spending neighborhood park impact fees that are inconsistent with its definition of a neighborhood park and results of a citizen survey. Therefore, the City of Olympia may not be spending park impact fees as effectively as it could using multiple zones. BACKGROUND Original Finding Identification During Phase 1 of the performance audit, Ernst Young noted that the City of Olympia and the City of Redmond use only one zone for the assessment, collection, and expenditure of park impact fees. The City of Vancouver uses multiple park zones in an effort to demonstrate a reasonable relationship between the fee charged to the developer and the park needs generated by growth in that zoning area. According to RCW 82.02.050 3 (a), impact fees "Shall only be imposed for system improvements that are reasonably related to the new development." While there are no requirements in Washington State law to have multiple park zones, Ernst Young noted that other cities find zoning to be an effective way to make the impact fee relationship, a reasonable relationship. Audit Work Conducted During Phase 3 of the audit, Ernst Young examined the potential finding further. First, Ernst Young met with the City of Vancouver to gain an understanding of how multiple park zones work for Vancouver. Next, Ernst Young met with the City Olympia to gain an understanding of why one zone was selected for assessing, collecting, and spending park impact fees in Olympia. Finally, Ernst Young sampled some park impact fees that were collected to determine where they were potentially spent within the City of Olympia. Ernst Young LLP Page 26 of 67 State of Washington Performance Audit of Impact Fees Vancouver's Rationale for Multiple Park Zones Ernst Young noted that the City of Vancouver has chosen to implement ten different park zones (or districts) so as to provide a clear demonstration between where fees are spent and where fees are collected. The size of each zone is large enough so that an adequate amount of funding can be collected in each area. The ten park zones span the urban unincorporated area of the county, as the City of Vancouver and Clark County operate under the same parks department. If one were to look at the city limits of Vancouver, there would be approximately four park zones within the City limits. In addition to multiple zones effectively demonstrating the connection between where fees are spent and where they are collected, the City offered the following other benefits of having multiple park zones: The impact fees assessed vary by zone to account for the differences in and value across the city. Therefore, a developer building a house in zone one, where and is more expensive, will pay a higher impact fee, where as a developer building a home in zone ten, where land is cheaper, will pay a smaller impact fee. Multiple park zones allow the City to have the ability to not collect impact fees in a zone if the zone at some point contains all necessary parks to meet the level of service standards and there is not significant anticipated growth in the zone. The City of Vancouver did provide some disadvantages to having multiple park zones, which included the following: Accounting is more difficult with multiple park zones. There is Tess flexibility with spending the park impact fees collected_ Spending the impact fees within the six -year time period (as required by law) is more difficult. City of Olvmoia One Zone Research Ernst Young met with the City of Olympia to gain an understanding of how one park zone works for the City and how effectively the single zone demonstrates the connection between where fees are collected and where they are spent. Ernst Young noted that because the City operates its parks system as a single zone, Olympia may spend park impact fees collected in the City on any park within the City limits. Ernst Young LLP Page 27 of 67 State of Washington Performance Audit of Impact Fees Types of Parks in Olympia First, Ernst Young noted that the City of Olympia develops the following types of parks using park impact fees, as per the City's Capital Facilities PIan Neighborhood Parks: Neighborhood parks are a common gathering place for families and children, all within a 10 -20 minute walk from home. Community Parks: Community parks are places for organized recreation programs and sports activities. Community parks will include athletic fields and picnic shelters or other facilities for large -scale community use. Special Use Parks: Special use parks offer unique features and are typically more special- interest oriented. Examples of these parks are the Japanese Garden and Heritage Fountain. These parks are used by the entire community and become treasured places in the community. Open Space Parks: Open space is for passive use, nature trails, and wildlife habitat. Questions Regarding the Neighborhood Park Designation After gaining an understanding of the various types of parks, Ernst Young became concerned about the neighborhood park designation. All other parks (community, special use, and open space) in the City of Olympia are built for use by the entire City (as per their definition shown above); thus, implementation of a single park zone appears reasonable, as the entire community benefits from the development of these parks regardless of where a home is built. However, neighborhood parks are built specifically for neighborhoods, as the definition in Olympia's capital facility plan indicates that they are a 10 -20 minute walk from a home. Furthermore, Olympia's Park and Open Space Standards and Definitions document describes neighborhood parks as generally small in size and serve an area of approximately one -half to one mile radius but serve all residents in the community." Based on this understanding, Ernst Young noted that one park zone might allow a park impact fee to be collected on one side of the City, yet be spent on building a neighborhood park across town, outside of the City's own definition of neighborhood parks. In this scenario, the neighborhood park may not benefit the citizens and developers who paid the park impact fee, as the neighborhood park is built further than a 10 -20 minute walk and further than one -half to one mile away. The City of Olympia's Justification for One Zone The City of Olympia implemented park impact fees in 1993 and has utilized one zone since its implementation. The justification for the City's determination to use one zone in 1993 is based Ernst Young LLP Page 28 of 67 State of Washington Performance Audit of Impact Fees on reasoning similar to that identified by the City of Vancouver as disadvantageous to having multiple park zones (noted above). The City of Olympia further explained to Ernst Young that the "reasonableness" of one zone can be understood based on the outcome of an Olympia citywide survey conducted in 2006. The survey was conducted by the City to assess residents' opinions and behaviors regarding City services. The survey included the following City government programs and services: Communication with citizens Garbage and recycling Sewer Drinking water Storm and surface water Parks Public safety Transportation services The survey selected 400 residents, at random, from a list of utility customers. The survey was conducted over the phone and has a margin of error of ±1- 5% at the 95% confidence interval. The direct results of the parks portion of the survey included the following: "39% visited a park in Olympia 12 or more times in the past year 7 in 10 were "very satisfied" with their park experiences. Majorities were "definitely" willing to travel up to six miles to get to an open space area (59 and a special use park (52 44% were "definitely" willing to travel to a community park. 3 in 5 were "definitely" (36 or "probably" (25 willing to travel three miles to a neighborhood park. 1 in 3 respondents (or someone in their household) had participated in a recreational activity provided by the City. 9 in 10 agreed that art events are valuable to the quality of life in the City "4 Ernst Young's Views on the Survey Results The survey results for the special use, open space, and community parks (bullet three above) do support the City's definition and plan for usage of these parks by citizens across the City in a single park zone. However, the survey results (bullet four above) do not support the City's definition and /or implementation of a single park zone for neighborhood parks. The survey Ernst Young LLP Page 29 of 67 State of Washington Performance Audit of Impact Fees shows that a total of 61% of Olympia residents would "definitely" or "probably" travel up to three miles to visit a neighborhood park. The City of Olympia is approximately six miles across; therefore, survey results for neighborhood parks do not correlate to the City's approach of one zone. Testing of Park Impact Fees Collected Ernst Young conducted an analysis of park impact fee collections during the audit period 2004 2006 and the expenditure of the 2004 and 2005 collections Ernst Young found that although there were community, special use, or open space park systems located close to where the impact fees were gathered, roughly 96% of the neighborhood parks were not built within the one -half to one mile radius of where the impact fees were gathered. Ernst Young also found that the average distance between the location where an impact fee was collected and the location where the impact fee was potentially used (the average distance of the impact fee collection to the three possible parks where the impact fee was spent) on a neighborhood park was approximately four and one -half miles. This four and one -half mile average shows that neighborhood parks are not built within the one -half to one mile radius or 10 to 20- minute walking distance from the location of the development, based on Olympia's definition of neighborhood parks. Given that neighborhood parks are constructed at locations that on average may be several miles from the impact fee collection development site, neighborhood parks are being developed in current neighborhoods lacking parks, raising the question of whether the single zone approach most effectively demonstrates the connection between the impact fees and the growth that paid them. System Approach to Parks in Olympia To support its neighborhood park definition, City planners in Olympia explained the one -half to one mile distance is a goal for the City's system of parks This goal is based on a standard level of service of neighborhood park acres for 1,000 residents. Olympia has a goal of 1.44 acres per 1,000 residents. Olympia utilizes a 20 -year plan for its parks system. In the next 20 years, the City hopes to realize its current definition of a neighborhood park. Olympia explained to Ernst Young that its park planning utilizes a "systems approach." According to RCW 82.02.050 3(c), Impact fees are permitted to be "used for system improvements that will reasonably benefit the new development." Olympia's parks may be considered appropriate improvements given the definition of System Improvements in RCW Ernst Young LLP Page 30 of 67 State of Washington Performance Audit of Impact Fees 82.02.090: "public facilities that are included in the capital facilities plan and are designed to provide service to service areas within the community at large, in contrast to project improvements RECOMMENDATIONS Cities should consider the use of multiple zones to more effectively demonstrate a clear relationship between where impact fees are collected and spent. Ernst Young recommends that the City of Olympia take both of the following actions in its approach to park planning: 1. Consider revising the "one -half to one mile" and "10-20 minute walk" statements from its definition of a "Neighborhood Park" if the City's intent is to build these neighborhood parks for the entire City rather than for a more localized neighborhood. 2. Consider dividing the City into two park zones to more effectively demonstrate a clear relationship between where impact fees are collected and spent. Two zones for park impact fees would appear to be reasonable, as the City is approximately six miles across and according to the survey: "3 in 5 were "definitely" (36 or "probably" (25 willing to travel three miles to a neighborhood park." If 61% of the citizens are "definitely" or "probably" willing to travel three miles to a neighborhood park, then dividing the City into 2, three -mile wide zones would appear to be appropriate to meet the demands of the City residents. Note: The City of Redmond uses only one park zone as well; however, the audit focused on the City of Olympia because it exhibited the greatest opportunity during the Phase 1 planning process. No detailed performance audit work was conducted at the City of Redmond; however, the City of Redmond should consider the above recommendations as well. POTENTIAL COST SAVINGS AND /OR OTHER IMPACTS There is no direct potential cost savings associated with the recommendations above. However, with the current definition of a neighborhood park, Ernst Young calculated the dollar amount of impact fees that were collected during the performance audit period (2004 -2006) that Ernst Young LLP Page 31 of 67 were potentially spent more than three miles away (Note. Ernst Young used three miles, rather than one -half to one mile, due to the results of the survey discussed above). This dollar figure was calculated by performing the following steps: 1. Randomly selected a sample of 50 neighborhood park impact fees collected during the period (12% of the entire population). A total of 417 neighborhood park impact fees collected during the performance audit period have been expended. 2. Determined the distance between the address where the impact fee was collected and where the impact fee could have potentially been spent within the City on a neighborhood park. Ernst Young used Google Maps to perform this function. 3. Out of 50 samples selected, Ernst Young noted that 80% of impact fees were potentially spent on a neighborhood park more than three miles away 4. Ernst Young then extrapolated the results of the testing to the remaining 417 impact fees collected for the period by determining that 80% of the entire amount was potentially spent on neighborhood parks greater than three miles away. The total dollar figure came to $36,974. 5. Finally, Ernst Young noted that park impact fees have been collected in the City of Olympia since 1993 under the same methods and park definitions. However, Ernst Young did not obtain data outside of the performance audit period (i.e., outside the scope of the audit) and was therefore unable to calculate the total dollar amount of park impact fees spent on neighborhood parks in areas that did not experience growth since the inception of the fee in 1993. Refer to Appendix E Olympia Park Impact Fee Collection and Spending for a detailed map of the sample of 50 park impact fees tested. Exhibit 7 Estimated Olympia Park Impact Fees Potentially Spent on Neighborhood Parks Greater Than Three Miles Away During the Performance Audit Period of 2004 -2006 Estimated Olympia Park Impact Fees Potentially Spent on Neighborhood Parks Greater Than Three Miles Away Ernst Young LLP State of Washington Performance Audit of Impact Fees $36,974 Page 32 of 67 State of Washington Performance Audit of Impact Fees AUDIT AREA 6 FIRE IMPACT FEE SCHEDULE /CALCULATION FINDING The City of Redmond has developed a leading practice in its fire impact fee schedule /calculation. Specifically, the schedule /calculation takes into account the impacts of fire and aid calls by land use type, projected growth by land use type and the fire Capital Facilities Plan (CFP). The City of Olympia's fire impact fee schedule /calculation does not appear to effectively demonstrate the fee's connection to system improvements related to growth, the cost of public facilities necessitated by new development or the availability of other financing. BACKGROUND Original Finding Identification During Phase 1 of the performance audit, Ernst Young noted that the City of Olympia collects fire impact fees at a flat per- square -foot rate ($0.159 per square foot), regardless of the land use type. Therefore, a single family home pays the same rate per square foot as a restaurant or manufacturing facility. The fire impact fee rate was determined by an outside consultant in 1994. Ernst Young noted that the fire impact fee has not been updated since its adoption in 1994. During Phase 1, Ernst Young noted that the City of Redmond assesses fire impact fees based on the type of land use. To determine the fire impact fee that each type of land use pays, the City of Redmond takes into consideration the number of historical fire and aid calls based on the type of land use (i.e., multi- family vs. retail, etc.). Audit Work Conducted During Phase 3 of the performance audit, Ernst Young spent more time working with the cities of Redmond and Olympia to gain a better understanding of how the impact fee calculation and schedule were determined. Ernst Young LLP Page 41 of 67 State of Washington Performance Audit of Impact Fees Fire Impact Fees in the City Olvmr is City of Olympia Planning and Fire Department Ernst Young met with the City of Olympia's Fire Department and Planning Department to gain a better understanding of the impact fee calculation that what was prepared in 1994 to determine the reasoning behind a flat rate for all land uses. The City of Olympia was initially unable to explain how the calculation was determined in 1994, as there were no individuals currently within the City who were working when the calculation was determined Further information was later provided by the City to speak to the independent study that was conducted in 1994 to determine the impact fee rate. The information provided explained how the City's approach was standards driven, using prior years' costs against the total area of fire coverage to define a per- square -foot fee for any new development in the City to maintain that standard level of service. The City maintained that this method allows it to forecast the cost of new fire protection based on prior years' incurred expenses. However, the City did state that this method did not directly relate to its forecasted expenses for fire protection facilities in its capital facilities plan. The City of Olympia also explained to Ernst Young that there have been very few (if any) developer complaints regarding the fire impact fee requiring a detailed explanation of the study. Rate Study Ernst Young was able to obtain a copy of the fire impact fee study prepared for the City by an independent consultant in 1994 Ernst Young reviewed the study to gain an understanding of how the calculation was prepared, and the rate was ultimately determined. Ernst Young noted that the fire impact fee rate per square foot was calculated by the independent consultant using the following steps: 1. Determined the City of Olympia's fire protection facilities inventory as of June 1992 and the 1992 square feet of development served by the current inventory. Using these figures, a fire apparatus per square foot was determined for the City for 1992. See Exhibit 9 below. Ernst Young LLP Page 42 of 67 Exhibit 9 - Fire Apparatus per Square Foo of Development AiparatuS. Per eveloprnerit 7 u��' 3 38,171,851 1 000000078 6 38.171,851 1 .000000157 3 38,171,851 1 .000000078 1 38.171.851 1 .000080028 38,171,851 1 .000000026 Stations Pumpers Rescue Units 1 Aerial Units Hazardous Materiais Units 1 2. Next, the 1992 cost per inventory item was determined, as well as a cost per square foot. See Exhibit 10 below. Exhibit 10 - Capital Cost per Square Foo of Development' po en. Stations Pumpers Rescue Units Aerial Units Hazardous Materials Units .*guarOlfti Oda .000000078 .000000157 .000000078 .000000026 .000000026 Total Cost/Sq Ft 3. Previous years' expenditures for fire protection facilities were then determined. See Exhibit 11 below. Exhibit 11 Previous Expenditures for Fire Protection Facilities ga 1985 1986 1987 1088 1989 1990 |1881 1992 1993 9-Year Total State of Washingto Performance Audit of Impact Fees $.131352 .043175 .00429 1 0104 1 .00208 1 0.1012971 1,684,000 275,000 55,000 400,000 80,000 �37,870 285,940 137,530 47,120 47,280 42,460 109,780 28,308 36,410 4. An annual average of the nine-year total was calculated ($85 Using this number, along with the 1992 square feet of development (38.171.851). an annual average per square foot of development was computed: $0.0022491. Ernst Young LLP Page 43 of 67 State of Washington Performance Audit of Impact Fees 5. Using a discount rate of 7 the net present value of 27.5 years of future payments (at $0.0022491) will total $0 032157 per square foot. 6. Therefore, the impact fee rate is $0.159140 per square foot ($0.191297 (from Exhibit 14) minus $0.032157.)) Upon completion of reviewing Olympia's fire impact fee calculation to arrive at the $0.159 per square foot assessed to developers, Ernst Young could not determine whether Olympia's rate study meets the following requirements by Washington State law: "Should only be imposed for system improvements that are reasonably related to the new development" (RCW 82.02.050). Furthermore, "system improvements" are defined in RCW 82.02.090 as public facilities that are included in the capital facilities plan and are designed to provide service to service areas within the community at large, in contrast to project improvements." "Should not exceed a proportionate share of the costs of system improvements that are reasonably related to the new development" (RCW 82 02.050) A schedule of impact fees adopted for each type of development activity subject to impact fees, including (RCW 82.02.060): The amount of the impact fee to be imposed for each type of system improvement The schedule should be based on a formula or other calculation method The formula should take into account proportions including, but not limited to: 1. The cost of public facilities necessitated by new development 2. The methods by which public facilities were financed 3. The availability of other means of funding public facility improvements 4. An adjustment to the cost of the public facilities for past or future payments either made or anticipated to be made, including payments proratable to the system improvement, along with a. User fees b. Debt service payments c. Taxes Ernst Young noted that the City of Olympia's fire impact fee calculation does not appear to include all required considerations: Ernst Young LLP Page 44 of 67 1. System improvements that are needed due to growth (a requirement of RCW 82.02.050); rather, the calculation uses previous years' expenditures. 2. Proportionate share of the costs of system improvements related to new development (a requirement of RCW 82.02.050), as no such information related to new development is mentioned in the calculation. 3. The formula used to determine the fire impact fee amount does not appear to take the following items into consideration (a requirement of 82.02.060): The cost of public facilities necessitated by new development The methods by which public facilities have been financed The availability of other means of funding public facility improvements 4. The calculation was conducted in 1994 and has not been revised or updated since implementation, even though costs and growth patterns have changed. 5. The calculation includes capital facilities that are currently ambiguous under RCW 82.02.090. As stated in Audit Area 1 of this report, RCW 82.02 090 defines the term capital facilities for fire, transportation, park and school impact fees. However, the definitions provided are ambiguous, resulting in the Cities applying varying interpretations of the definition of a "fire protection facility." Under the same guidelines as those defined in Audit Area 1 of this report, the City of Olympia's use of fire apparatus (i.e., pumpers, rescue units, aerial units and hazardous materials units) as components to its fire impact fee calculation should be considered. Fire Impact Fees in the City of Redmond Next, Ernst Young met with the City of Redmond to gain an understanding of the formula it used to calculate the City's fire impact fee schedule. Exhibit 12 below shows the City of Redmond's fire impact fee schedule for the performance audit period. Exhibit 12 City of Redmond's Fire Impact Fee Schedule 1999 -2006 Y_ a id. In pact:Fe a Single- family 1 $94.48 per residential unit Multi- family I $132.73 per residential unit Office 1 $0.11 per square foot 1 Retail 1 $0.13 per square foot 1 Industrial 1 $0.01 per square foot 1 State of Washington Performance Audit of Impact Fees in order to develop the different rates for land use categories as shown above, the City of Redmond used historical data to determine the number of emergency (fire and aid) calls per Ernst Young LLP Page 45 of 67 State of Washington Performance Audit of Impact Fees land use type. Ernst Young noted that national emergency call data is available; however, it was important for Redmond to use Redmond data instead of national data, given that the jurisdiction has unique fire safety requirements. The City of Redmond determined its fire impact fee schedule (Exhibit 12) by performing the following calculation steps in 1999: 1. Determined the capital facility needs for the fire department as of 1999 Once the capital facility needs were identified, the City of Redmond determined the percentage of those needs that arose due to growth. 2. Obtained 1997 historical incident response (fire and aid) data from the City fire department. Response data is logged by the City of Redmond according to 13 land use categories. The land use incident response data was further organized into the following land use categories: a. Single- family b. Multi- family c. Office d. Retail e. Industrial 3. Determined the increase in annual incident responses due to growth, by land use type 4 Allocated the capital facility needs by incident responses due to growth (calculated in step one above) to each land use type, based on the proportionate number of incident calls per land use type. 5 Calculated the anticipated growth per land use type over a 17 -year period. 6. Determine the impact fee to be paid by each land use type (Exhibit 16) by dividing the capital costs allocated to each land use type (step four) by the anticipated growth per land use type (step five). Ernst Young noted that the City of Redmond's fire impact fee calculation and schedule met all aspects of RCW 82.02.050 and 82.02.060 and demonstrates a leading practice. Redmond's fire impact fee calculation and schedule takes the following items into consideration System improvements that are reasonably related to growth The proportionate share of the costs of system improvements related to new development Ernst Young LLP Page 46 of 67 State of Washington Performance Audit of Impact Fees Finally, the City of Redmond reviewed its fire impact fee schedule in 2006 and noted that updates were needed. Therefore, the schedule was updated in 2006, and new rates were charged for fire impact fees. RECOMMENDATION Other cities within the State of Washington should be aware of the City of Redmond's leading practice for the fire impact fees schedule /calculation. The City of Olympia should revisit its fire impact fee schedule and consider if it is suitable to continue charging the fire impact fee. Specifically, Olympia should more effectively address RCW 82.02.050 and 82.02.060 in its calculation and demonstrate that the fire impact fee charged reasonably relates to system improvements that are reasonably attributable to growth. Additionally, the City of Olympia should consider implementing a periodic review of its fire impact fee calculation and schedule to determine that the fee is still adequate, given the yearly changes in growth expectations and capital facility needs. POTENTIAL COST SAVINGS AND OTHER IMPACTS There are no direct potential cost savings associated with this finding and recommendation. However, Ernst Young looked at and compared the City of Olympia's fire impact fee in two ways: 1. Scenario 1: Ernst Young used the City of Redmond's calculation and growth data to project what the City of Olympia's fire impact fee schedule could have potentially been during the audit period, based on actual costs defined in the City of Olympia's 2003 capital facilities plan. 2. Scenario 2: Ernst Young took the City of Olympia's current fire impact fee calculation and removed the capital facilities in question (i.e., fire apparatus). Ernst Young then took the above two scenarios and compared them to the amount of fire impact fees that were collected during the audit period. Ernst Young LLP Page 47 of 67 Scenario 1: Fire Impact Fee Schedule Calculation Based on the City of Redmond's Calculation Ernst Young used the City of Redmond's calculation, noted as a leading practice in our finding in this audit area, as a way to demonstrate what the City of Olympia's fire impact fee might have been if it was directly tied to its fire CFP. Ernst Young also used the City of Redmond's growth data and historical statistical fire and aid response data to develop a potential fire impact fee schedule for the .City of Olympia. To do this, Ernst Young performed the following steps 1. Used the City of Olympia's Fire CFP from 2003 as a basis for the needed capital facilities. (Note: Ernst Young could not determine the capital facilities in the 2003 CFP that were due to growth; therefore, Ernst Young used 100% of the fire capital facilities from the plan for purposes of this calculation.) 2. Inserted Olympia's CFP data into Redmond's calculation Olympia did not have sufficient historical incident response data (determines the fee each land use type pays) or anticipated growth data to use in the calculation Therefore, for purposes of this calculation, Ernst Young used Redmond's historical incident response data and Redmond's anticipated growth with the following adjustments Ernst Young noted that the City of Redmond is a high growth city, where as the City of Olympia is somewhat of a low- growth city; therefore, Ernst Young did not use 100% of the City of Redmond's growth in the calculation for the City of Olympia. Rather, Ernst Young looked at the population growth between the two cities during the period 2000 -2007 and noted that the City of Olympia's growth was 36% of the City of Redmond's growth, based on population statistics. Therefore, Ernst Young used 36% of Redmond's growth in the calculation and applied this to the growth rates by land use type noted below. Note: The City of Redmond's anticipated growth over the 17 -year period varies by land use type. The information below details the City of Redmond's anticipated growth rate by land use type for the 17 -year period and the City of Olympia's estimated growth rate by land use type at 36% of Redmond's anticipated growth. Single- family 1 Multi- family 1 Office Retail Industrial State of Washington Performance Audit of Impact Fees c f %R tiiorid'.s_ -_.City`of-Qlyrripia's_Estiiiiafed pr as a C'fo�rvth Forecas ted Growth 54% 19% 63% 23% 133% 48% 65% 23% 24% 1 9% Ernst Young LLP Page 48 of 67 After performing the above steps, Ernst Young estimated the potential fire impact fee schedule for the City of Olympia for the performance audit period. Exhibit 13 below shows the potential fire impact fee schedule for the City of Olympia. Exhibit 13 Potential Olympia Fire Anticipated Growth YLaidse Single- family Multi- family Office J _Retail 1 Industrial Impact Fee Schedule Based on Anticipated Growth Equal to 36% of Redmond's State of Washington Performance Audit of Impact Fees Im pact Fee- 1 $82.73 per residential unit 1 $116.22 per residential unit 1 $97.02 per 1,000 sq. ft. 1 $110.99 per 1,000 sq. ft. 1 $11.45 per 1,000 sq. ft. Next, Ernst Young obtained a list of all fire impact fees collected for the performance audit period (2004 -2006) (Note: A total of $491,036 in fire impact fees was collected for the period.) Using this data, Ernst Young recalculated each fire impact fee collected. Using the above fire impact fee schedule, it shows that the City of Olympia under this scenario would have potentially collected $145,723 in fire impact fees, which is $345,313 less than what the City charged under its current calculation. Scenario 2: Recalculation of the City of Olympia's Fire Impact Fee Calculation Ernst Young used the fire impact fee study prepared for the City by an independent consultant in 1994' to recalculate the fire impact fee schedule by removing the capital facility items in question (i.e., fire apparatus, etc.). 1. Ernst Young determined the City of Olympia's fire protection facilities inventory as of June 1992 and the 1992 square feet of development served by the current inventory This was done by removing the capital facilities (Le., fire apparatus) in question, as seen in Exhibit 14 below. Ernst Young LLP Page 49 of 67 Exhibit 14 Fire Apparatus per Square Foot of Developrnent Stations Pumpers Rescue Units 1 Aerial Units Hazardous Materials Units 2. Next, the 1892 cost per inventory item was datannined, as well as a cost per square foot. See Exhibit 15 below. Exhibit 15 Capita Cost per Square Foo of Development' Stations 3 /g |Z 4 i4 3B.171.8§� 38,171,851 38.171.851 30.1-74.851- State of Washingto Performance Audit of impact Fees Apparatus ~x '.r����--�-' Foot 38.171.851 .000000078 1 704000045-7 ,04900-909-7g Total Cost/Sq Ft 0.1313521 izsot 3. Previous years' expenditures forfina protection facilities were then determined. See Exhibit 16 below (same as Exhibit 15 shown above). Exhibit 16 Previous Expenditures for Fire Protection Facilities 1985 1988 1987 1988 1989 1990 1991 1992 1993 1 9-Year Total :Expenditures 37,870 285,940 137,530 47,120 47,280 42,460 109,780 28,308 36,410 $772,698 4. An annua average of the n r tota was calculated ($85,855). Using this number along with the 1992 square feet of development (}8.171.851). an annual average per square foot of development was computed ao$O.0U224S1. 5. Using a discount rate of 7%, the net present value of 27.5 years of future payments (at $0.O0224S1) will total $O.O32157 per square foot. Ernst Young LLP Page 50 of 67 6. Therefore, the fire impact fee rate is $0.099 per square foot ($0.131352 [from Exhibit 19] minus $0.032157).) Ernst Young took the new fire impact fee calculation of $0.099 per square foot of development and recalculated under this scenario what should have been collected in fire impact fees over the audit period. Ernst Young calculated that $305,470 would have been collected; which is $185,656 less than what the City charged under its current calculation. Comparison of Scenarios 1 and 2 above to the Actual Fire Impact Fees Collected Finally, Ernst Young compared the above two fire impact fee calculations to the actual amount of fire impact fees collected by the City of Olympia during the audit period (2004- 2006). Exhibit 17 Comparison of Potential Fire Impact Fees Collected During the 2004 -2006 Performance Audit Period 491,036 Potential Overcharge Potential Undercharge 145,723 345,313 State of Washington Performance Audit of Impact Fees otential Fire tmpact=F_ees ollected=Utnder 'cePario 2 305,470 185,565 Potential. Fire Impact Fees ollected Based :PPiiserOf .updated CFP 7 In looking at the above table, the City of Olympia has potentially overcharged for fire impact fees anywhere from $185,565 to $345,313; however, please note the potential for an undercharge, as stated below in the final comments to this audit area. Lastly, Ernst Young noted that the City of Olympia's fire impact fee schedule /calculation has been the same since its inception in 1994; however, since Ernst Young only had fire impact fee collection data for the audit period, it was unable to calculate an overcharge for the life of the fire impact fee (i.e., 1994 2008). Please note that this is simply an estimated fire impact fee schedule for the City of Olympia, as growth and historical fire and aid call data was not sufficient from the City. The City asserts it has undercharged the fire impact fee. Ernst and Young believes this assertion may be possible based on the fire impact fee calculation the City uses not being tied to its Capital Facilities Plan (CFP) and the City's CFP appears to not be up -to -date. The City is planning on building a new fire station that costs roughly $7.9 million; however, this facility was not included on the 2003 Ernst Young LLP Page 51 of 67 State of Washington Performance Audit of Impact Fees CFP. Had the City tied its impact fee calculation to its CFP and updated its CFP, it is possible that the City may have undercharged, rather than overcharged. Although, the City provided Ernst Young population statistics, fire and aid call data, and construction data, it was insufficient to validate the City's assertion. Ernst Young LLP Page 52 of 67 City of Tukwila Finance and Safety Committee FINANCE AND SAFETY COMMITTEE Meeting Minutes November 18, 2008, 5:00 p.m.; Conference Room #3 PRESENT Councilmembers: Dennis Robertson, Chair; Pam Linder and Kathy Hougardy Staff: Rick Still, Lisa Verner, Gail Labanara, Viki Jessop, Shawn Hunstock, Mary Miotke, Nick Olivas, David Haynes, Derek Speck, Rhonda Berry and Melissa Hart Guests: Mark Segale, Bill Arthur and Chuck Parrish CALL TO ORDER: Chair Robertson called the meeting to order at 5:04 p.m. The agenda was amended to reflect the new order of business as presented below. I. PRESENTATIONS No presentations. II. BUSINESS AGENDA A. Interlocal Aereement to Provide Tourism and Marketing Services to the City of Des Moines Katherine Kertzman indicated that the proposed agreement is very similar to the previous interlocal agreement with the City of Des Moines. The notable change is the term of the agreement, which went from a three -year term to a one -year term that will renew for subsequent one -year terms unless otherwise terminated with 120 days notice. Des Moines's payment will remain the same, 100% of lodging tax collected per year. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. B. Impact Fee Ordinances for Fire and Parks Staff reported that Administration is evaluating new sources of revenue for the City. One such source is impact fees; through which new development helps to pay for capital facilities necessitated due to the new growth. The Growth Management Act allows impact fees for parks services and fire services, in addition to traffic impact fees, which the City has already enacted. Lisa Verner stated the regulations regarding impact fees state that the amount collected must be used for capital facilities and the amount collected cannot fund a 100% of a project. Since impact fees cannot fund 100% of a project, prior to impact fee implementation, the City would need to indicate the fee split, such as 90% impact fees and 10% City funding. The information proposed by staff is based on the City of Redmond's model. The State of Washington conducted a Performance Audit of impact fees which stated, "The City of Redmond has developed a leading practice in its fire impact fee schedule /calculation." Committee members asked clarifying questions from staff and recommended the following information be provided to Council at the Committee of the Whole Meeting: Do neighboring cities collect impact fees and what are their impact fee /city splits? What is the impact fee /city funded split for the City of Redmond? How were the percentages achieved in the calculation worksheets? Committee Chair Robertson requested staff to simplify the information provided and reorganize the packet of back -up documentation so the presentation is more straightforward. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. Co UNCIL AGENDA SYNOPSIS i 1 4, �y O,i t 2 Initial IlM NO. f pmt, `�y 1- Meeting Date Prepared by Mayor's review __council review Ls. l t d 1 11/24/08 1 BG ,A.4.4 I 12/01/08 1 BG .A. l 'i 1 19o8 6 1 ITEM INFORMATION CAS NUMBER: 0 S 4 7 I ORIGINAL AGENDA DAIE: NOVEMBER 24, 2008 AGENDA ITEM TITLE Ordinance for a time extension on the 35 Ave S Street Vacation CATEGORY Discussion Motion Resolution Ordinance Bid Award Public Hearing Other Mtg Date 11/24/08 Mtg Date Mtg Date Mtg Date 12 /01 /08 Mtg Date Mtg Date Mtg Date: SPONSOR Council Mayor Adm Svcs El DCD Finance Fire El Legal P &R Police P11" SPONSOR'S This ordinance will extend the expiration date for the Sound Transit street vacation located at SUMMARY 35 Ave S (the Tukwila Int'I Blvd station) to April 30, 2009. Conditions have been met at two other street vacations, 48 and 49 Ave S, and they will be recorded at King County. The conditions on the remaining four street vacations can not be satisfied and are therefore null and void as they expired on April 30, 2008. REVIEWED COW Mt CA &P Cmte F &S Cmte Transportation Cmte BY Utilities Cmte Arts Comm. Parks Comm. Planning Comm. DATE: 11/12/08 RECOMMENDATIONS: SPONSOR /ADMIT. Approve Ordinance. COM IITTEE Unanimous approval; forward to COW. COST IMPACT FUND SOURCE EXPENDITURE REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED $0.00 $0.00 Fund Source: Comments: MTG. DATE RECORD OF COUNCIL ACTION 11/24/08 12/01/08 MTG. DATE ATTACHMENTS 11/24/08 Information Memo dated November 18, 2008 (revised after TC meeting) Ordinance with location map I Transportation Committee Meeting Minutes from November 12, 2008 I I 12/01/08 I INFORMATION MEMO To: Mayor Haggerton From: Public Works Director Date: November 18, 2008 Subject: 35th Ave South Street Vacation ISSUE Time extension and status update on progress of the street vacations agreed to between the City of Tukwila and Sound Transit as part of the Sound Transit Light Rail project. BACKGROUND At the May 12, 2008 Committee of the Whole meeting, an update was presented of the seven Sound Transit light rail street vacations. Four vacations were voided due to conditions that could not be met; one vacation met the conditions and was completed, and two were granted time extensions. Since that time, the 48 Ave S street vacation conditions have been met and finalized. Sound Transit is still negotiating with WSDOT on the 35 Ave S street vacation and requires an additional time extension. The street vacation portion of 35th Ave S lies between Sound Transit property and the WSDOT SR -518 right of -way. Portions of the Tukwila International Boulevard Station's parking lot have been built on this proposed street vacation property. The proposed right -of -way limits run the full length of the abutting properties and include the cul -de -sac bulb. A draft ordinance is attached to extend the time to April 30, 2009. A street vacation is not complete until all of the conditions have been met. The following table provides a brief status summary of the seven street vacations. File Ordinances No. Street (Expired 4/30/07, Payment Status Participation 4/30/08 or 10/31/08) 2087 2158 2203 New Ordinance w/ time to 4/30/09. 3.40.62 35 Ave S Null Void $446,088.00 ST WSDOT land, proceeding w/ vacation. 2088& 2159 Null Void All ST land, payment in full. 3.40.63 48 Ave S 2204 to be Recorded $53,592.00 All conditions have been met. 2089 2160 Conditions can not be satisfied. 3.40.64 47 Ave S Null Void $176,516.00 Private owners refused to participate. 2090, Null Void All conditions have been met. 3.40.65 49 Ave S 2061 to be Recorded $0.00 $0 as City initiated on City land. 2091 2162 $0 (City Conditions can not be satisfied. 3.40.66 S 138 St Null Void initiated) Private owners refused easements. 2092 2163 Conditions can not be satisfied. 3.40.67 S 146 St Null Void $73,635.00 Private owners refused to participate. 2093 2164 Conditions can not be satisfied. 3.40.68 S 133` St Null Void $101,052.00 Private owners refused to participate. RECOMMENDATION Approve ordinance extending the time for the 35 Ave S street vacation to April 30, 2009. Enclosures P: \BOB'Sound Transit\Street Vacations\3.40.62 35th \11.18.08 ST street vacation update info memo.doc D A FT AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, VACATING CERTAIN PROPERTY LOCATED WITHIN THE CITY, DEDICATED FOR STREET PURPOSES, GENERALLY DESCRIBED AS 35th AVENUE SOUTH, RUNNING SOUTHWESTERLY FROM SOUTHCENTER BOULEVARD (SOUTH 154TH STREET) FOR APPROXIMATELY 354 FEET, INCLUDING THE PARTIAL CUL -DE -SAC BULB; AMENDING THE OFFICIAL STREET MAP OF THE CITY; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, the City of Tukwila and Sound Transit executed the Development and Transit Way Agreement for Sound Transit Central Link Light Rail Tukwila Freeway Route Project on December 8, 2004; and WHEREAS, Chapter 11.60 of the Tukwila Municipal Code identifies street vacation procedures including public notification; public hearing, review and comment; and submittal of relevant information to City Council, all of which have been done; and WHEREAS, Sound Transit Link Light Rail proposes that a station be constructed at this location; and WHEREAS, 35th Avenue South has been a right -of -way for more than 25 years; and WHEREAS, Sound Transit provided a real property appraisal_ from a member of the American Institute of Real Estate Appraisers in the amount of $446,088.00; and WHEREAS, utilities exist in the right -of -way being vacated; and WHEREAS, the Tukwila City Council conducted a public hearing on April 4, 2005, for the purpose of considering the vacation of certain property located in the City of Tukwila, as described in the ordinance title; and WHEREAS, following conclusion of the public hearing, the City Council found that the property should be vacated, subject to certain conditions; and WHEREAS, on May 16, 2005, the City Council approved Ordinance No. 2087, authorizing the vacation of certain City property to Sound Transit, subject to Sound Transit satisfying certain conditions by April 30, 2007; and WHEREAS, Sound Transit failed to satisfy those conditions by April 30, 2007 and requested additional time for satisfying the conditions for this street vacation; and WHEREAS, on June 4, 2007, the City Council approved Ordinance No. 2158, authorizing the vacation of certain City property to Sound Transit, subject to Sound Transit satisfying certain conditions by April 30, 2008; and WHEREAS, on May 19, 2008, the City Council approved Ordinance No. 2203, authorizing the vacation of certain City property to Sound Transit, subject to Sound Transit satisfying certain conditions by October 31, 2008; and C: \Documents and Settings \All Users \Desktop \Kelly \MSDATA \Ordinances \Street Vac 35th Avenue Southdoc GL:ksn 11/5/2008 Page 1 of 2 WHEREAS, Sound Transit failed to satisfy those conditions by October 31, 2008, and has requested additional time for satisfying the conditions for this street vacation; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. Vacation. A. The following property located in the City of Tukwila is hereby vacated: Approximately 23,891 square feet of 35th Avenue South, running southwesterly from Southcenter Boulevard (South 154th Street) for approximately 35 feet, including the partial cul -de -sac bulb. B. This vacation is conditioned upon satisfaction, by April 30, 2009, of the following: 1. Provision of compensation for $446,088.00. 2. Provision of utility easement(s). 3. Provision of easement(s) to Sound Transit for construction, operation and maintenance of the Tukwila Freeway Route Project consistent with the Development and Transit Way Agreement referenced herein. Section 2. Duties of Public Works. The Public Works Department is hereby directed to record a certified copy of this ordinance with King County, upon determination by the Public Works Director that the conditions referenced above have been satisfied. Section 3. Amendment of Official Street Map. Upon the recording of a certified copy of the ordinance, the City Public Works Director shall amend the City's official street map to be consistent with this ordinance. Section 4. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 5. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City. This vacation shall not become effective until the conditions contained herein have been fully satisfied, until all fees owed the City have been paid, and until five working days after the date that this ordinance and all relevant documents have been recorded with King County Records. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008. ATTEST /AUTHENTICATED: Jim Haggerton, Mayor Christy O'Flaherty, CMC, City Clerk Filed with the City Clerk: APPROVED AS TO FORM BY: Passed by the City Council: Published: Effective Date: Office of the City Attorney Ordinance Number: Attachment: Exhibit A, Street Vacation 35th Avenue South, 3.40.62 C: \Documents and Settings\All Users Desktop Kelly \MSDATA\ Ordinances \Street Vac 35th Avenue Southdoc GLksn 11/5/2008 Page 2 of 2 1 Exhibit A Street Vacation 35' Avenue South 3-40.62 3,15.5•1 cam con .;---4- s a---; :3 20031 e i 6 1 1 i r 1 li.. Jr Ill III (1) PIZ 7 't 1 CL.) 1;;.•• i CO 4: i 1 i'll (17 ii fi 4I Li> Area 75. (a ii -c fi (Z) HOME fir ra •:i ill V 18 L/ 0919 19 f.".. t---. s ?Mt 1 Nt •:•:i• 17/ SR 518 1. 1 67 1 'ON I NORTH CJ I y9s r gk �-e; .tiz City of Tukwila 4 F a Transportation Committee 7908 TRANSPORTATION COMMITTEE Meeting Minutes November 12, 2008 5:00 pin. Conference Room #1 *Wednesday Meeting due to Holiday PRESENT Councilmembers: Pam Linder, Chair; Dennis Robertson and Verna Griffin (filling in for De'Sean Quinn) Staff: Jim Morrow, Frank Iriarte, Peter Lau, Mike Mathia, Gail Labanara, Lisa Verner, Moira Bradshaw, Jaimie Reavis, Jon Harrison Guests Chuck Parrish CALL TO ORDER: Committee Chair Linder called the meeting to order at 5:05 p.m. L PRESENTATIONS No presentations. H. BUSINESS AGENDA A. East Marginal Wav Fiber Interconnect Proiect Bid Award This project will use surplus overlay funds to install vaults, conduit and junction boxes to interconnect the traffic signals on East Marginal Way South. Once all of the facilities are installed, the future overlay project will be much easier to complete. We are trying to include miscellaneous conduit work with overlay work. Dennis asked that if the overlay fund is not sufficient, then why are we using these funds on an interconnect project. In this case, the surplus was unexpected and we did not have a road segment designed to overlay in this limited time period. This conduit work is also not as weather sensitive as an overlay project. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 17 REGULAR DUE TO TIME CONTRAINTS. B. Sound Transit Street Vacation Ordinance l' Sound Transit has requested a time extension on this final street vacation at 35"' Ave S to April 30, 2009. Jim Morrow reported that with a street vacation, the property is split in half to the abutting property owners. In this case it would be Sound Transit and WSDOT. WSDOT would like the land donated to them. We have informed Sound Transit to work out the street vacation with WSDOT as Sound Transit facilities have been built on entire parcel. Pam Linder requested an updated memo with all of the Sound Transit street vacations listed in a chart. UNANIMOUS APPROVAL. FORWARD T O NOVEMBER 24 COW FOR DISCUSSION. C. Summary of State Auditor's Performance Audit on Impact Fees Jim Morrow reported that staff had just attended classes regarding the I -900 initiative that authorized the State Auditor to complete performance audits to determine leading or best practices. One of these audits included impact fees. There were five recommendations on traffic impact fees and Tukwila currently has four of these practices in place. The only recommendation lacking is incorporating a tracking system with the Finance Depaitnient. As the City incorporated traffic impact fees in 2005, Pam Linder asked what the public's comments have been regarding the process and the fees. Jim stated that there have been no complaints regarding the traffic impact fees as the developers are easily able to determine the cost of their potential traffic impact fees on any new development. INFORMATION ONLY. D. Walk and Roll Nan Update Jaimie Reavis summarized the significant changes including the comments from the State Community Trade and Economic Development and Transportation Depai tiiients. There was agreement that when the Council chooses a new source of funding that a percentage of that new revenue should be dedicated to projects from the Plan. A question was asked about bike facilities from Klickitat into Southcenter and along Southcenter Pkwy. Staff responded that Southcenter Pkwy isn't a regional route for commuters and that it acts as a CAS NUMBER 08-148 Permit fee increases for 2009 and 2010 MTG. DATE 11/24/08 MTG. DATE 11/24/08 12/01/08 COUNCIL AGENDA SYNOPSIS A'Ieetin, Date Prepared by 11/24/08 J.P. 12/01/08 Attg Date 11/24/08 tlltg Date Alts Date Lnttals ITEM INFORMATION Mayor's review I cotutctl review 1 ORIG INAL AGENDA DATE: 11/24/08 C.\ "1'1;(x)R1 Discussion n Motion n Resolution Ordinance n Bid Award Public Heanng Other Fund Source: Comments_ No expenditures required, no impact to general fund, illtg Date 12/01/08 Mtg Date ilitg Date RECORD OF COUNCIL ACTION ATTACHMENTS Information memo to Committee of the Whole Draft Ordinance with attachment Community Affairs and Parks Committee meeting minutes from 11/10/08 III'/INo, Mtg Date +SI'ONSOR Cottnal Mayor n Adm Svcs DCD Finance Fire Legal P &R Police PIV SPONSOR'S The fees collected by the permit center for code administration have been maintained at a Sl!MI1\IARY consistent rate of cost recovery since the 2003 International Codes were adopted by the City. A proposed 5% increase for each year of the budget cycle would index the cost recovery rate to the increase in administrative costs. RI..\'II?wt:'1.D BY COW Mtg. CA &P Cmte F &S Cmte Transportation Cmte Utilities Cmte Arts Comm. n Parks Comm. Planning Comm. DA'1E: 11/10/08 RECOMMENDATIONS: SPONSOR /ADMIN. Approve fee increase CommnTEE Approve fee increase, and forward to 11/24/08 COW COST IMPACT FUND SOURCE Ex P1 ;N1) ITLIR 1 RI:QUIRJ;D AMOUNT BUDGETED APPROPRIATION REQUIRED $0 $0 $0 City of Tukwila Department of Community Development INFORMATION MEMO To: COMMITTEE OF THE OLE From: Jack Pace, DCD Director Date: November 19, 2008 Subject: Proposed Permit fee increa es for 2009 and 2010. ISSUE Shall the City Council approve increases in the permit fees for Building, Mechanical, Electrical, Plumbing, and Fuel -gas piping penniits, such that there is an incremental increase scheduled for each year of each budget cycle. BACKGROUND Building permit and inspection fees can be defined as user fees or service charges. Our system of permit fees, inspection fees and plan review fees are intended to recover a portion of the total cost of code administration and required inspections for each pellniit. In 2007 the issue of a fee increase was brought to the Council and approval was granted to increase the permit fees by 4% for 2008. This was the first proposed fee increase since the 2003 adoption of the International Codes. The department will be implementing internet access for the application and issuance of certain permits that currently can be issued "across the counter The intent is to increase efficiency of the building permit process and eliminate the current turn around time for these permits. This system will be a key component of code administration and therefore the cost thereof should be recovered by the permit fees. ANALYSIS The fees collected by the permit center for code administration have been maintained at a consistent rate of recovery since the International Codes were adopted by the City. A proposed 5% increase for each year of each budget cycle is proposed. This would index the recovery rate to the increase in administrative costs. For reference the following exhibits are submitted as attachments. Jim Haggerton, Mayor Jack Pace, Director 6300 Southcenter Boulevard, Suite #100 Tukwila, Washington 98188 e Phone: 206- 431 -3670 e Fax: 206- 431 -3665 Exhibit "A" is a draft ordinance with the fee schedules including a 5% increase in the fee rates for 2009. The ordinance calls for an additional 5% increase for 2010. Exhibit `B" is a comparison of the proposed increase for Tukwila and the current 2008 fee rates of surrounding jurisdictions. REVENUE SOURCE No revenue required for this proposal. No impact to biennium budget. RECOMMENDATION Approve the proposed fee increase, and forward to the next regular council meeting for adoption. AN ORDINANCE OF THE C11Y COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, AMENDING ORDINANCE NO. 2189, AS CODIFIED AT TUKWILA MUNICIPAL CODE CHAPTER 16.04, SECTION 16.04.250, "SCHEDULE OF PERMIT FEES," TO ADOPT NEW PERMIT FEE SCHEDULES FOR BUILDING, MECHANICAL, PLUMBING, AND FUEL -GAS PIPING PERMITS; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFFECTIVE DATE. WHEREAS, permits issued by the City of Tukwila are not valid until the fees prescribed by law have been paid; and WHEREAS, the current permit fee schedules were established in 2007; and WHEREAS, the City Council desires to increase the cost recovery rate for permit administration and inspection services to reflect the increased costs incurred by the City; and WHEREAS, the City Council desires to implement increases in 2009 and 2010; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. TMC 16.04.250 Amended. Ordinance No. 2189, as codified at TIvIC Chapter 16.04, 'Buildings and Construction," is hereby amended to provide a 5% increase in the fee schedules for 2009, and an additional 5% increase in said fee schedules to be implemented in the year 2010 as follows: 16.04.250 Schedule of Permit Fees A. Building Permit Fee Schedule. Total Valuation $1 to $500 $501 to $2,000 $2,001 to $25,000 $25,001 to $50,000 $50,001 to $100,000 $100,001 to $500,000 $500,001 to $1,000,000 $1,000,001 and up DRAFT $60 $60 for the first $500, plus $4 for each additional $100, or fraction thereof, to and including $2,000 $120 for the first $2,000, plus $18.20 for each additional $1,000, or fraction thereof, to and including $25,000 $556.80 for the first $25,000, plus $14.20 for each additional $1,000, or fraction thereof, to and including $50,000 $911.80 for the first $50,000, plus $9.80 for each additional $1,000, or fraction thereof, to and including $100,000 $1,401.80 for the first $100,000, plus $7.87 for each additional $1,000, or fraction thereof, to and including $500,000 $4,549.80 for the first $500,000, plus $6.56 for each additional $1,000, or fraction thereof, to and including $1,000,000 $7,829.80 for the first $1,000,000, plus $4.35 for each additional $1,000, or fraction thereof Building Permit Fees C:\Documents and Settines\ A11 Users Desktop\ Celly'MSDATA \Ordinancas\Schedule of Pcrmit Fces.doc JP:ksn 11/21/2008 Page 1 of 5 1. Plan Review Fee. A plan review fee shall be paid at the time of submitting plans and specifications for review. The plan review fee shall be 65% of the permit fee as set forth in the permit fee schedule. The plan review fee specified herein is a separate fee from the permit fee and is in addition to the permit fee. 2. Other Fees. a. Inspections outside normal business hours: $90 per hour with a three hour minimum charge. b. Re- inspection fee: $60 per hour, assessed upon call for third inspection of same correction notice. c. Inspections for which no fee is specifically indicated: $60 per hour (one -half hour minimum charge). d. Additional plan review necessary due to additions or revisions to the plans: $60 per hour (one -half hour minimum charge). e. Commencing work before permit issuance shall be subject to an investigation fee of 100% of the usual permit fee. f. Renewal of expired permits: The fee shall be one -half the amount required for a new permit for such work, provided that suspension or abandonment has not exceeded one year Renewals after expiration of more than one year shall require a full permit fee and plan review fee where applicable. B. Mechanical Permit Fee Schedule. 1. Plan review fee: 25% of the calculated permit fee. 2. Commencing work before permit issuance shall be subject to an investigation fee of 100% of the usual permit fee. 3. Inspections outside of normal business hours: $90 per hour with a three hour minimum charge. 4. Re- inspection fee assessed. $60 per hour 5. Additional plan review required by changes, additions or revisions to plans or to plans for which an initial review has been completed. $60 per hour (one -half hour minimum). 6. Renewal of expired permits: The fee shall be one -half the amount required for a new permit for such work, provided that suspension or abandonment has not exceeded one year Renewals after expiration of more than one year shall require a full permit fee and plan review fee where applicable. Valuation of Work (Total Contract Amount) 1 $250 or less $251 to $500 $501 to $1,000 $1,001 to $5,000 $5,001 to $50,000 $50,001 to $250,000 $250,001 to $1,000,000 $1,000,001 and up Mechanical Permit Fees $60 $60 for first $250, plus $7.30 for each $100 or fraction thereof, to and including $500 $78.25 for the first $500, plus $8.10 for each $100 or fraction thereof, to and including $1,000 $118.75 for the first $1,000, plus $8.95 for each $1,000 or fraction thereof, to and including $5,000 $154.55 for the first $5,000, plus $9.35 for each $1,000 or fraction thereof, to and including $50,000 $575.30 for the first $50,000, plus $7.80 for each $1,000 or fraction thereof, to and including $250,000 $2,135.30 for the first $250,000, plus $6.85 for each $1,000 or fraction thereof, to and including $1,000,000 $7,272.80 for first $1,000,000, plus $6.25 for each $1,000 or fraction thereof CADocuments and SettingsWI UserslDesk tmaNKelty\MSDATA \Ordinano .Schedule of Permit Fces.doc JP:ksn 11212008 Page 2 of 5 C. Plumbing Permit Fee Schedule. 1. Permit Issuance Issuance of each permit (base fee): $32.00. 2. Issuance of each supplemental permit: $15.75 3. Unit Fee Schedule (in addition to items 1 2 above) For one plumbing fixture (a fixture is a sink, toilet, bathtub, etc.) 1 $60 For each additional fixture $13 For each building sewer and each trailer park sewer $23 Rain water system per drain (inside building) 1 $13 For each water heater and/or vent 1 $13 For each industrial waste pretreatment interceptor, including its trap and $13 vent, except for kitchen -type grease interceptors For each grease trap (connected to not more than four fixtures) (greater 516.25 than 750 gallon capacity) For each grease interceptor for commercial kitchens (greater than 750 gallon 527 capacity) For each repair or alteration of water piping and/ or water treating 513 equipment, each occurrence 1 For each repair or alteration of drainage or vent piping, each fixture 1 513 For each lawn sprinkler system on any one meter including backflow 527 protection devices therefore. For atmospheric -type vacuum breakers not included in lawn sprinkler backflow protection. 1 to 5, 513, over 5, $13 for first 5, plus 53 for each additional. For each backflow protective device other than atmospheric -type vacuum breakers: 2 inch diameter and smaller, 527, over 2 inch in diameter, 529 For each medical gas piping system serving one to five inlets outlets for a $76 specific gas 1 For each additional medical gas inlet/ outlet 4. Other Inspections and Fees. 515 1 a. When a plan or other data is required to be submitted with a permit application, a plan review fee shall be paid at the time of submitting plans and specifications for review. The plan review fee shall be 25% of the calculated permit fee and shall be in addition to the permit fee. b. Inspections outside of normal business hours: 590 per hour, with a three -hour minimum. c. Re- inspection fee: $60 per hour d. Inspections for which no fee is specifically indicated. $60 per hour. e. Additional plan review required by changes, additions, or revisions to approved plans: 560 per hour (with a one -half hour minimum charge). D Fuel Gas Piping Permit Fees. 1. Permit Issuance: For issuing each permit (base fee): (50 if permit is in conjunction with a $32 plumbing permit for an appliance with both plumbing and gas connection.) For issuing each supplemental permit 1 515.75 C:IDocuments and Settine_s\All UserslDesktoplKell y:NISDATAIOrdinances\Schedule of Permit Fees.doc JP:ksn 11212008 Page 3 of 5 2. Unit Fee Schedule (in addition to items above): For each gas piping system of one to five outlets For each additional gas piping system outlet, per outlet 1. NEW SINGLE FAMILY DWELLINGS 1 New single- family dwellings (including a garage) 1 Garages, pools, spas and outbuildings 1 Low voltage systems 2. SINGLE FAMILY REMODEL AND SERVICE CHANGES 1 Service change or alteration no added /altered circuits Service change $78 with added /altered circuits, plus $11 for each added circuit (maximum permit fee $145.60) 1 Circuits added /altered without service change (includes up to 5 circuits) Circuits $52 added /altered without service change (more than 5 circuits) $7.30, plus for each added circuit (maximum permit fee $94) 1 Meter /mast repair 1 Low voltage systems 3. MULTI-FAMILY AND COMMERCIAL (including low voltage) C: \Documents and Settings'All Users \Deskt op\ KcllVMSDATAIOrdinances\Schedule of Permit Fees.doc JP:ksn 11212008 $60 $13 3. Other Inspections and Fees (fuel gas piping): Inspections outside of normal business hours (three -hour minimum) $90 /hour Re- inspection fee $60 /hour Inspection for which no fee is specifically indicated 1 $60 /hour Additional plan review required by changes, additions, or revisions to $60 /hour approved plans (minimum charge one -half hour) Work commencing before permit issuance shall be subject to an 100% of the investigation fee equal to 100% of the permit fee permit fee 4. Plan review fee: The fee for review shall be 25% of the total fuel gas piping permit fee. The plan review fee is a separate fee from the permit fee and is required when plans are required in order to show compliance with the code. 5. Renewal of expired permits: The fee shall be one -half the amount required for a new permit for such work, provided that suspension or abandonment has not exceeded one year. Renewals after expiration of more than one year shall require a full permit fee and plan review fee where applicable. E. Electrical Permit Fees. 1 $145 60 1 1 $78 1 1 $57 1 $78 $52 $65 S57 VALUATION OF ELECTRICAL PERMIT FEE CONTRACT 1 $250 or less 1 $60 $251 $1,000 $60 for the first $250 plus $4.00 for each $100 or fraction thereof, to and including $1,000. $1,001 $5,000 $90 for the first $1,000 plus $20 for each $1,000 or fraction thereof, to and including $5,000. $5,001 $50,000 $170 for the first $5,000 plus $16.40 for each $1,000 or fraction thereof, to and including $50,000 $50,001 $250,000 $908 for the first $50,000 plus $12.00 for each $1,000 or fraction thereof, to and including $250,000. $250,001 $1,000,000 $3,308 for the first $250,000 plus $8.50 for each $1,000 or fraction thereof, to and including $1,000,000. 1 Over $1,000,000 1 $9,683 plus 0.5% of cost over one million. Page 4 of 5 4. OTHER INSPECTIONS AND MISCELLANEOUS FEES a. Plan review fee: In addition to the permit fee, when plan review is required, a plan review fee must be paid at the time of permit application equal to 25% of the permit fee, with a minimum of $60. b. Work covered without inspection or work not ready at the time of inspection may be charged a re— inspection fee at the hourly rate listed above. c. Work without a permit: Any person who commences electrical work before obtaining the necessary permits shall be subject to an investigation fee. The investigation fee shall be twice the established peiulit fee as set forth in the electrical fee schedule or increased by $100, whichever is greater. This fee, which shall constitute an investigation fee, shall be imposed and collected in all cases, whether or not a permit is subsequently issued. Temporary service (residential) Temporary service/ generators 1 Manufactured /mobile home service (excluding garage or outbuildings) Carnivals: 1 Base fee 1 Each concession Inspections or plan review not specified elsewhere: $60 per hour, (one- half hour minimum charge) F. Fee Refunds. The Building Official may refund any permit fee paid by the original permit applicant that was erroneously paid or collected. The Building Official may also authorize the refund of not more than 80% of the permit fee when no work has been done under a permit issued in accordance with the code. Where a plan review fee has been collected, no refund will be authorized once it has been determined that the plan review process has commenced. Refund of any permit fee paid shall be requested by the original permittee in writing and not later than 180 days after the date of fee payment. Section 2. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 3. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force on January 1, 2009, after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008 ATTEST/ AUTHENTICATED: Christy O'Flaherty, CMC, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney Attachment: Exhibit A Valuation Index Jim Haggerton, Mayor Filed with the City Clerk: Passed by the City Council: Published. Effective Date: Ordinance Number: C:1Documents and Scttins\All Users\ Deik topU :ellAMSDATAIOrdinanceskSchedule of Permit Fea.doc JP:ksn 11/21/2008 $60 $75 $80 $75 $10 Page 5 of 5 EXHIBIT A PROPOSED 2009 FEES CAS NUMBER 08-149 SPONSOR'S SUMMARY Fund Source: Coinnzents: MTG. DATE 11/24/08 MTG. DATE 11/24/08 bg lLf 9 E \PI ?NDITURI? R QUIRI $o COUNCIL AGENDA SYNOPSIS Lutralr Meetut; Date Prepared by 1 Mayor's review I Council review 11/24/08 NG 1 ✓4. r 12/01/08 NG ITEM INFORMATION 1ORIGINAL,AGENDA DATE. NOVEMBER 24, 2008 A(;I:ND:\ tn:M TPILk Proposed update to Tukwila's land use fee resolution C.\T►,GC)RY N Discussion n Motion N Resolution Ordinance Bid Award Public Hearing I 1 Other dlt Date 11/24/08 111tg Date Mtg Dote 12/1/08 Mtg Date ditg Date Mtg Date Mtg Date 1S P( )NSOR Counczl Alger Adm Svcs N DCD Fznance Fire Legal 0 P&R Police n PW Staff is recommending that Tukwila's permit fees be increased for 2009 and 2010 to reflect the City's increased costs to provide services. In some cases, where our fees are significantly lower than the average of nearby jurisdictions, or are inconsistent with other permits that require a similar level of review, we are recommending a greater increase. RI ?\'II., \C'I?D BY 111 COW Mtg. N CA &P Cmte I 1 F &S Cmte Transportation Cmte Utilities Cmte Arts Comm. U Parks Comm. Planning Comm. DATE: 11/10/08 RECOMMENDATIONS: SPONSOR /ADM IN. Adopt fee resolution effective 1/1/09 CONIMVITEP: Unanimous Approval; Forward to Committee of the Whole COST IMPACT FUND SOURCE AMOUNT BUDGETED $0 $0 RECORD OF COUNCIL ACTION ATTACHMENTS Informational memorandum dated 11/17/08 Attachment A: Tukwila's land use fees compared to nearby jurisdictions Attachment B: Complete list of fees, proposed increases and potential revenues Attachment C: Draft Resolution Minutes from the Community Affairs and Parks Committee meeting of 11/10/08 ITEAT No. 5,c 2 APPROPRIATION REQUIRED COMMUNITY AFFAIRS AND PARKS COMMITTEE Meeting Minutes November 10, 2008, 5:00 p.m.; Conference Room #3 PRESENT Councilmembers: Joan Hernandez, Chair; Verna Griffin and Kathy Hougardy (filling in for De'Sean Quinn) Staff: Bruce Fletcher, Rick Still, Lisa Verner, Jack Pace, Bob Benedicto; Rhonda Berry and Melissa Hart CALL TO ORDER: Chair Hernandez called the meeting to order at 5:04 p.m. I. PRESENTATIONS No presentations. II. BUSINESS AGENDA A. Increase fees for Building and Planning. The Department of Community Development is bringing forth two proposed fee increases to the Committee for recommendation to full Council: Permit Fees Increase for 2009 and 2010 Land Use Fees City of Tukwila Community Affairs and Parks Committee Permit Fees. Staff is seeking Council approval to implement a 5% increase in the Schedule of Permit Fees during each year of the 2009 -10 biennial budget cycle. Council approved a 4% increase in Permit Fees for 2008, which was the first increase for such fees since the 2003 adoption of the International Codes. In order to increase the efficiency of permit processing, staff will be implementing a program to process and issue some types of permits via the City's website. A 5% increase in fees each year of the 2009 -10 budget cycle will allow the City to continue recovering a portion of total costs for permitting including processing and inspection. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. Land Use Fees. Staff is seeking Council approval to implement an annual increase in Land Use Fees (minimum 5% each year) during the 2009 -10 biennial budget cycle as well as begin charging a fee for annexations and development agreements. Committee members asked clarifying questions on both proposed fee increases and requested two separate ordinances for the above fees for presentation to Council. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. B. Levels of Service Standards for Parks. Recreation Open Space Plan At the October 27, 2008, Community Affairs and Parks Committee meeting, Committee members reviewed, approved and forwarded to full Council a Parks and Recreation capital facilities project list. This list will be included in an ordinance which amends the Parks Recreation Open Space Plan to establish levels -of- service standards and identify capital facilities needed to maintain those levels -of- service. BACKGROUND FINDINGS PROPOSED FEE CHANGES City of Tukwila TO: Mayor Haggerton Committee of the Whole FROM: Jack Pace, DCD Director RE: Proposed Land Use Fee Update DATE: November 17, 2008 Department of Community Development Jack Pace, Director MEMORANDUM Jim Haggerton, Mayor The Council last updated the Land Use Fee Schedule in 2007 with implementation at the beginning of 2008. Staff has since identified additional items that should be added to the list and is recommending that the fees be updated to reflect increased City costs. Periodically we review Tukwila's fees against the average charged by our south King County neighbors and the overall increase in cost to provide City services. Attachment A shows Tukwila's current land use fees compared to the fees charged by Auburn, Burien, Kent, Federal Way, Renton and SeaTac for similar penults. In calculating the average fees charged by adjacent jurisdictions we tried to compare "apples to apples," but we also found that there were many different approaches to fee calculation. Most jurisdictions used systems more complex than Tukwila's flat fee approach, for example: o Burien's flat fee acts as a retainer with any staff or consultant time over a certain number of hours charged back to the applicant at $70 per hour. The cost of any special studies is also passed through to the applicant. Many of SeaTac and Federal Way's fees are calculated on a sliding scale based on either square footage or value of construction. When two or more applications for a project are processed together Kirkland and Renton charge the full amount for the highest fee and reduce the associated permit fees by 50 However on average Kirkland's fees were significantly higher than those charged in the south County. Staff is recommending that Tukwila's permit fees be increased by at least 5% annually, the amount Tukwila's overall budget has grown in recent years, rounded to the nearest $5. In some NG Page l of 11/17/2008 P :\Users\Nora\FeeUodatetoCOW.doc 6300 Southcenter Boulevard, Suite #100 Tukwila, Washington 98188 Phone 206 -431 -3670 Fax: 206 -431 -3665 cases where our fees are significantly lower than the average or are inconsistent with other permits that require a similar level of review we recommend an additional increase. This would still put us at or near the average of our neighboring jurisdictions. Attachment B shows the complete list of current land use fees, the proposed increases and the potential revenue generated by the changes. The only fee that would be lowered under the proposal is for shoreline substantial development permits in the LDR Zone. Our current fee is a bit higher than the average and the reduction would have minimal effect on revenue since most owner- occupied single family houses are exempt from permitting requirements. Staff is also recommending that we start charging a fee for annexations and development agreements. The fee for development agreements is proposed to be $500 for the first 20 hours of staff time with additional staff hours charged at $50. FUTURE UPDATES Redmond, Kirkland and Federal Way update their fees on an annual basis so that they stay current with City expenses. Given our new two -year budget cycle staff is also suggesting fees for 2010 be tied to the growth of the City budget, rounded to the nearest $5, see Attachment B. Council could adopt a two year fee schedule to align with the two year budget cycle. REQUESTED ACTION Review the proposed fee schedule, provide Staff with policy direction about the fee changes and forward the proposal to the full Council for review and adoption. NG Page 2 of 2 11/17/2008 P \Users\Nora\FeeUpdatetoCOW.doc ATTACHMENT A COMPARISON OF NEIGHBORING JURSIDICTIONS LAND USE PERMIT FEES Permit Type LDR Accessory Dwelling Unit Approval /Inspection 5110 Administrative Design Review 1 5490 Administrative Planned Residential Development 5610 'Anexation Petition 1No Fee Appeal of Sign Code Decision 5110 Appeal of Type 1 Decision 5110 Appeal of Type 2 Decision 5110 Appeal of Type 4 Dedsion 5110 Binding Site Improvement Plan 51,215 Boundary Line Adjustment 5305 Code Interpretation 5110 Comprehensive Plan Amendment 51,215 Conditional Use Permit 52,435 I Design Review Major Modification 5490 1 Development Agreement No Fee Environmentally Sensitive Areas Deviation (TMC 18.45.080 and .100) $240 Exception from Single Family Design Standard 5240 'Lot Consolidation 595 Parking Variance, Modification or Waiver (TMC 18.56.130, .140) I 5240 Permanent Sign Permit 5125 53015 +5125 Planned Residential Development new unit Preapplication Meeting Public Hearing Design Review Public Notice Mailing Labels Reasonable Use Exception (TMC 18.45.180) Rezone (Map Change) or Zoning Code Text Amendment Sensitive Area Master Plan Overlay SEPA Cheddist SEPA EIS Administrative Fee SEPA MDNS Appeal SEPA Planned Action Shoreline Conditional Use Permit Shoreline Environment Redesignation Shoreline Permit Exemption Letter Tukwila Pricing Other Zones 5240 51,700 5110 5730 5615 51,215 $615 51,215 5110 $NA $2,435 51,215 80 NA $490 5610 No Fee 5215 5215 5215 5215 51,215 $545 5110 51,215 82,435 5490 No Fee 5365 NA 5185 2009 Proposed Fees, Min. 5% Increase Yearly Revenue Zones Permits Increase .7'82 15 25 51 8600 51,700 .,ts1:785_ ,.$2,555 8110 1:? $200 k:: l $200 51,215 $500.. �T $1,275_ 5615 1 8! 000- 51,215 1Fi- $1,275 'r >s 51;275 y am 5615 t- -'51,000__ f SUM $1,215 1` S1 276 $1•;275 $215 =_$i 15 $22 5 -t275_ 5305 t3T4 1 8350 52,435 x $2;555_ 52;555 51,215 5125 X1;275 $130 ,1 13 $365 5125 `_130 `45130 $3015 +5125: 3135 #830"' -$3135 +1301 /new unit "=knew unite: new.unit 5240 '4250 11/17/2008 2009FeelncreaseProposal.xls 3 $0 $25 $0 50 50 50 50 50 51,235 85 53,140 5240 $25 5 548 1 $10 1 55 1 510 120 5600 35 5336 15 512,825 10 5900 50 2 5770 80 19 $7,315 50 50 4 5180 80 50 515 2010 Proposed Fees, Min. 5% Increase Total Other Revenue LDR Zones 50 1 5120 5515 1 $0 50 $0 50 50 50 50 55,200 5115 58,000 55,110 5515 $540 $840 52,625 _$120 $120 53290 +135 new unit 58,736 1 5260 $38,325 51,875 52,000 1 5210 80 $840 52,000 51,050 50 51,340 519,000 51.050 50 51,340 50 $120 51,400 NA 50 52,685 50 51,340 5390 50 NA 5540 5840 Id -$2,625 $235- 5235 5120 $235- 5120 51,340 1 $1,340 5420 $630 5120 $120- 1 1 52,100 1 52,160 52,685 1 `52,685 $540 $540 $525** $525** 51,248 5260 $400 5250 1 5260 =NA 5100 $105 $250 5260 515,600 5135 $210 :$400 $135 33290 +135 -new unit. $260 $2,685 -$210 51.;330 51,050:= 51,340 $1,051} 81,340. $235- 5370 _I 52,685' 51,340 5140 ATTACHMENT B Permit Type Shoreline Substantial Development Permit Short Plat (2-4 lots) Short Plat (5-9 lots) 'Special Permission Cargo Container (TMC 18.50.060) Special Permission Landscape Requirement Deviations (TMC 18.52.020) $240 speaai Permission Parking ana Modifications to Certain Parking Standards (TMC 18.56.065 .070) $240 speaal Permission sign ana Sign Area Increase, except "unique sign" (various sections of TMC title 19) $240 $1215+$65 Subdivision Final Plat (10+ lots) new unit Subdivision Preliminary Plat(10+ $3510+120 lots) new unit Temporary Sign Permit Tree Permit and Exceptions (TMC 18.54.140) Undassified Use Permit Unique Sign Determination (TMC 19.28.010) Variance Wireless Communication Fadlity, Administrative Wireless Communication Fadlity, Major or Height Waiver Request Wireless Communication Fadlity, I Minor (TMC 18.71) Zoning Verification Letter Tukwila Pricing Other LDR Zones 1 $2,435 1 52,435 1 $610 1 $1,215 1 $1,215 1 $1,215 1 $240 1 5365 565 565 525 525 52,435 52,435 5240 5365 5730 51,215 5490 5490 $2,435 52,435 $240 $240 $0 $125 2009 Proposed Fees, Min. 5% Increase fET Otheril Yearly Revenue Total Permits Increase Revenue z000 $365 I $380 $365 $365 $1215+565 4''(-1-4425- new unit 53510+120 3.6.6,6,135:1136g5;f124; new unit '1;= ;-$127570 1127.5'+ 70 5380 '$2 at$28tt: $1,700 25510 55: :7: I Suggest lowering cost for Shoreline Substantial Development Permit in LDR Fee would cover first 20 hours of staff time, additional time charged at $50/hour 9 1 (5585) I 521,330 11 I $4,290 1 511,000 3 1 52,355 1 56,000 1 50 1 50 1 510 5250 3 530 5750 2 530 5760 50 1 $240 1 $4,950 70 5350 1 54,900 2 50 550 1 $120 $2,555 1 510 5250 2 5140 51,600 1 525 5515 I 50 $0 1 $10 1 5250 7 525 5650 $34,731 $164,561 2010 Proposed Fees, Min. 5% Increase LDR Zones 1 $2,100 1 $2685 I I $1,050 1 52,100 I I 52.100 I $2,6 5- 1 I -'5269 I ;=5400 5260 $400 5260 5400 5260 $400: 51330 75 51330 75 unit 1' new unit $3830+135 53830+135 new unit new unit 575= T_ I I I $2,685 52,685 I $260 .$400 $-840 -$540 11/17/2008 2009FeelncreaseProposal.xls 2 52.685 52,885 5265 s� ..'-='-$140 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING A LAND USE FEE SCHEDULE, AND REPEALING RESOLUTION NO. 1654. WHEREAS, the City intends to update land use permit fees on an annual baths with any increases tied to growth in City expenses for providing land use services; and WHEREAS, the City has adopted a biennial budget process; and WHEREAS, the City has studied its costs related to providing land use services and found that the current fees do not cover the City's expenses and need to be increased, and WHEREAS, the City has determined that the fee increase will take effect January 1, 2009; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. Land use permit and processing fees will be charged according to the following schedule: 1 Administrative Design Review Administrative Planned Residential Development Annexation Petition Appeal of Sign Code Decision Appeal of Type 1 Decision Appeal of Type 2 Decision 1 Appeal of Type 4 Decision Binding Site Improvement Plan Boundary Line Adjustment Code Interpretation 1 2009 Fees 1 2010 Fees Other Other Permit Type LDR Zones LDR Zones Accessory Dwelling Unit Approval /Inspection $115 N/A $120 N/A 1 $515 $515 1 $540 1 $540 $800 $800 $840 $840 $2,500 1 $2,500 $2,625 $2,625 $115 $225 $120 $235 $115 $225 $120 $235 $115 $225 $120 $235 $115 $225 1 $120 $235 $1,275 $1,275 $1,340 $1,340 $400 $600 $420 $630 1 $115 $115 $120 1 $120 CiDocuments and SettinsWl UserslDcsktop \KeIiy\MSDATA1ResolutionslLand Use Fee Schedule 2C09.doc NG:ksn Il alaoos Page 1 of 3 I 2009 Fees (Cont.) 1 2010 Fees (Cont.) Other Other Permit Type LDR Zones LDR Zones Comprehensive Plan Amendment $2,000 $2,000 $2,100 $2,100 I Conditional Use Permit I $2,555 I $2,555 I $2,685 $2,685 Design Review Major Modification $515 $515 $540 $540 Development Agreement I $500 I $500 I $525 $525 Environmentally Sensitive Areas Deviation (TMC 18.45.080 and .100) $250 $380 $260 $400 Exception from Single Family Design Standard I $250 N/ A $260 N/ A I Lot Consolidation I $100 I $200 1 $105 I $210 Parking Variance, Modification or Waiver (TMC 18.56.130, .140) $250 $380 $260 $400 I Permanent Sign Permit $130 Planned Residential Development ($3135 +$130 $3135 +$130 53290 +$135 $3290 +$135 per new unit per new unit per new unit per new unit I Pre application Meeting 1 5250 I Public Hearing Design Review I $1,785 Public Notice Mailing Labels $200 Reasonable Use Exception (TMC 18 45.180) $800 Rezone (Map Change) or Zoning Code Text Amendment 51,000 Sensitive Area Master Plan Overlay 51,275 SEPA Checklist 51,000 SEPA EIS Administrative Fee $1,275 SEPA MDNS Appeal 5115 SEPA Planned Action N/A I Shoreline Conditional Use Permit I 52,555 Shoreline Environment Redesignation 51,275 Shoreline Permit Exemption Letter 50 Shoreline Substantial Development Permit 52,000 Short Plat (2-4 lots) 51,000 Short Plat (5 -9 Lots) 52,000 5250 52,555 $200 S1,275 s1,000 51,275 51,000 $1,275 5225 5350 52,555 51,275 5130 52,555 52,000 52,500 Fee would cover first 20 hours of staff time, additional time charged at $50 /hour C)Documents and SettingslAll Users \D IctoiA KellyWSDATAUtesolutions\Land Use Fee Schedule 2009.doc NG:ksn 11/21 /2003 5130 5135 5135 $260 5260 $1,875 52,685 5210 $210 5840 51,330 $1,050 51,050 51,340 51,340 51,050 1 $1,050 51,340 51,340 $120 5235 N/A 5370 52,685 1 52,685 51,340 51,340 50 5140 $2,100 $2,685 51,050 $2,100 52,100 1 52,625 Page2of3 1 2009 Fees (Cont.) 1 2010 Fees (Cont.) Other Other Permit Type LDR Zones LDR Zones Special Permission Cargo Container (TMC 18.50.060) $250 5380 $260 5400 Special Permission Landscape Requirement Deviations (TMC 18.52.020) 9250 9380 5260 $400 Special Permission Parking and Modifications to Certain Parking Standards (TMC 18.56.065 .070) $250 $380 $260 5400 Special Permission Sign and Sign Area Increase, except "unique sign" (various sections of TMC title 19) 5250 $380 $260 9400 $1275 +570 51275 +570 91330 +575 51330 +$75 Subdivision Final Plat (10+ lots) per new unit I per new unit per new unit per new unit Subdivision Preliminary Plat 93685+9125 $3685 +$125 93830+5135 93830+9135 (10+ lots) per new unit per new unit per new unit per new unit Temporary Sign Permit 1 970 j 970 1 $75 1 $75 Tree Permit and Exceptions (TMC 18.54.140) $25 $25 925 925 1 Unclassified Use Permit 1 92,555 I 92,555 1 92,685 1 $2,685 Unique Sign Determination (TMC 19.28.010) $250 9380 9260 9400 I Variance I $800 91,700 1 5840 I 91,785 Wireless Communication Facility, Administrative $515 5515 $540 $540 Wireless Communication Facility, Major or Height Waiver Request 92,555 $2,555 92,685 $2,685 Wireless Communication Facility, Minor (TMC 18.71) 9250 9250 $265 9265 1 Zoning Verification Letter 1 50 1 9130 I 50 I 5140 Section 2. Resolution No. 1654, dated December 3, 2007, is hereby repealed, effective January 1, 2009. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008 ATTEST /AUTHENTICATED: Christy O'Flaherty, CIvIC, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney Joe Duffie, Council President Filed with the City Clerk: Passed by the City Council: Resolution Number: C:1Documcnts and SettinnsUil Users\ Desktop \KellyWISDATA\Rrsolutions`aand Use Fee Schedule 2009.doc NG:ksn 11212008 Page 3 of 3 COMMUNITY AFFAIRS AND PARKS COMMITTEE Meeting Minutes November 10, 2008, 5:OOp.m.; Conference Room #3 PRESENT Councilmembers: Joan Hernandez, Chair; Verna Griffin. and Kathy Hougardy (filling in for De'Sean Quinn) Staff Bruce FIetcher, Rick Still, Lisa Verner, Jack Pace, Bob Benedicto; Rhonda Berry and Melissa Hart CALL TO ORDER: Chair Hernandez called the meeting to order at 5:04 p.m. I. PRESENTATIONS No presentations. H. BUSINESS AGENDA A. Increase fees for Building and Planning The Department of Community Development is bringing forth two proposed fee increases to the Committee for recommendation to full Council: Permit Fees Increase for 2009 and 2010 Land Use Fees City of Tukwila Community Affairs and Parks Committee Permit Fees. Staff is seeking Council approval to implement a 5% increase in the Schedule of Permit Fees during each year of the 2009 -10 biennial budget cycle. Council approved a 4% increase in Permit Fees for 2008, which was the first increase for such fees since the 2003 adoption of the International Codes. In order to increase the efficiency of permit processing, staff will be implementing a program to process and issue some types of permits via the City's website. A 5% increase in fees each year of the 2009 -10 budget cycle will allow the City to continue recovering a portion of total costs for permitting including processing and inspection. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. Land Use Fees. Staff is seeking Council approval to implement an annual increase in Land Use Fees (minimum 5% each year) during the 2009 -10 biennial budget cycle as well as begin charging a fee for annexations and development agreements. Committee members asked clarifying questions on both proposed fee increases and requested two separate ordinances for the above fees for presentation to Council. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. B. Levels of Service Standards for Parks. Recreation Open Space Plan At the October 27, 2008, Community Affairs and Parks Committee meeting, Committee members reviewed, approved and forwarded to full Council a Parks and Recreation capital facilities project list. This list will be included in an ordinance which amends the Parks Recreation Open Space PIan to establish levels -of- service standards and identify capital facilities needed to maintain those levels-of- service. CAS NUMBER 08-150 Fund Source: Comments: MTG. DATE 11/24/08 12/01/08 Et1'I 2 .NDrI'uI Ji RJ•QUIRED $0 COUNCIL A GENDA SYNOPSIS tlleeting Date 11/24/08 12/01/08 oS- /sO Prepared by KK KK litg Date 11/24/08 Aitg Date 12/01/08 Mtg Date AItg Date Mayor's review Council rewew ITEM INFORMATION 1 ORIG1NALAGENDA DATE. NOVEMBER 24, 2008 AGENDA ITEM Trn.l: Interlocal Agreement with the City of Des Moines re: Tukwila /Seattle Southside Visitor Services C.\TI .GORV Discussion Motion Resolution Ordinance Bid Award n Public Heanng Other (SPC)NSOR Council /Yla Adrn Svcs DCD Finance Fire Leeal n P&R Police PTV In 2005, Tukwila entered into a three year Interlocal Agreement with the City of Des Moines for tourism promotion services. It is time to renew the agreement. This agreement is an extension of the original agreement for tourism promotion services with the City of Des Moines committing 100% of their lodging tax revenue estimated to be $20,000 annually. The term is for one year commencing )an. 2009 and shall renew annually unless terminated for cause or with 120 days notice. RF\'Il BY COW Mtg [1 CA &P Cmte F &S Cmte n Transportation Cmte Utilities Cmte Arts Comm. Parks Comm. Planning Comm. DA'Z'E: 11/18/08 RECOMMENDATIONS: SPONSOR /ADMIN. Accept Interlocal Agreement and authorize Mayor's signature. COMMITTEE Unanimous Approval; Forward to the Committee of the Whole COST IMPACT FUND SOURCE AMOUNT BUDGETED. APPROPRIATION REQUIRED $0 $0 MTG. DATE 1 RECORD OF COUNCIL ACTION 1 11/24/08 ATTACHMENTS Memo to Finance Safety Draft Interlocal Local Agreement Minutes from Finance and Safety Committee meeting 11/18/08 ITEM ND. Mtg Date lItg Date litg Date FROM: City of Tukwila 6200 Southcenter Boulevard Tukwila, Washington 98188 Jim Haggerton, Mayor Finance and Safety Committee Tourism Marketing Program Manager DATE: October 31, 2008 SUBJECT: Des Moines Interlocal Agreement RECOMMENDATION Authorize Mayor to sign a new Inter -local Agreement. ISSUE This agenda item is to approve an interlocal agreement to provide tourism and marketing services to the City of Des Moines. BACKGROUND In 2005, the City of Des Moines entered into an agreement with the City of Tukwila to purchase tourism and marketing services for increasing awareness of Des Moines as a travel destination. The City of Tukwila provides these services under the Seattle Southside Visitor Services brand. SSVS is the official convention and visitor bureau for the Cities of Tukwila, SeaTac, Kent and Des Moines. The agreement with Des Moines had a three -year term that expires on January 1, 2009. It is time to renew the agreement. DISCUSSION The proposed agreement is very similar to the previous one. The main change is the new term is for one year commencing on January 1, 2009. It shall renew for subsequent one -year teinus unless otherwise terminated for cause or with 120 days notice. Des Moines's payment to SSVS will remain the same at.100 percent of Des Moines lodging tax collected per year. The City's Lodging Tax Advisory Committee has reviewed the opportunity and recommends that it be renewed. FISCAL IMPACT Des Moines's annual lodging tax collected is approximately $20,000 and was approved for SSVS for 2009 -2010. Both City Councils review this program annually as part of the Cities' regular budget process. This proposed agreement is already reflected in the City of Tukwila's proposed 2009 -2010 budget and no additional budgetary authority is necessary. ATTACHMENTS Draft Inter -local Agreement for Tourism and Marketing Services between the City of Tukwila and the City of Des Moines. Phone: 206 433 -1800 City Hall Fax: 206- 433 -1833 www.ci.tukwila.wa.us INTERLOCAL AGREEMENT FOR TOURISM AND MARKETING SERVICES BETWEEN CITY OF TUKWILA AND CITY OF DES MOINES THIS INTERLOCAL AGREEMENT "Agreement is made and entered into pursuant to the Interlocal Cooperation Act, Chapter 39.34 of the Revised Code of Washington, by and between the City of Tukwila, a municipal corporation, hereinafter called "Tukwila" and the City of Des Moines, a municipal corporation, hereinafter called "Des Moines RECITALS WHEREAS, Des Moines desires to acquire professional tourism and marketing services for the purpose of increasing awareness of Des Moines and the surrounding areas as a tourist destination; WHEREAS, Tukwila is designated as the Administrator responsible for administering Interlocal Agreements with the Cities of Des Moines, SeaTac, and Kent to provide tourism and marketing services under the program name Seattle Southside Visitor Services "SSVS WHEREAS, it is in the best interests of the citizens of Des Moines to continue its participation in the SSVS program; NOW THEREFORE, in consideration of the mutual covenants contained in this agreement, the parties agree as follows: a) Incorporate Des Moines's tourism businesses into the existing SSVS Tourism Networking Committee for the purposes of creating awareness, support and participation in SSVS's various marketing activities; b) Facilitate input from Des Moines's tourism businesses for the purposes of developing, implementing and evaluating annual marketing strategies; c) Attend Des Moines's Lodging Tax Advisory Committee meetings; d) Submit quarterly reports to Des Moines's Lodging Tax Advisory Committee regarding marketing budget infoiniation, implementation schedules, and marketing strategies; e) Implement annual marketing and media plans incorporating Des Moines's tourism businesses 2. Scope of Services. The City of Tukwila and SSVS agrees to provide the following tourism and marketing services to Des Moines: AGREEMENT 1. Purpose. The purpose of this Agreement is to continue to include Des Moines in SSVS's tourism and marketing program, as administered by Tukwila, to promote tourism in Des Moines. INTERLOCAL AGREEMENT FOR TOURISM AND MARKETING SERVICES 1 f) Incorporate Des Moines hotels, major tourist attractions and Des Moines sponsored events and venues into SSVS's vacation planner, website, coupon book and restaurant concierge book. Shopping destinations, restaurants, tourist attractions, and other tourism businesses located in Des Moines will be offered the opportunity to be included in these materials for a fee; g) Create and distribute tourism materials, including but not limited to those identified in subsection "f" above, regarding Des Moines related tourism businesses h) Provide Annual Economic Impact Report as required under SBH 3206, chapter 28, laws of 2008, to the City of Des Moines each year until this section expires in 2013 no later than April 1 for submittal to the State of Washington Department of Community, Trade and Economic Development, no later than May 1. The scope of services described above may be increased or decreased from time to time by mutual written agreement by this Agreement's Administrators. The scope of services shall not include implementation of Des Moines's specific tourism projects. At such time as Des Moines and SVSS mutually agree, SSVS may advise or assist Des Moines regarding Des Moines's specific projects. 3. Compensation. As its proportionate share of SSVS' program, Des Moines will contribute 100% of its Hotel -Motel Tax revenue for so long as this agreement remains in effect, for the services provided for by this Agreement. SSVS shall invoice Des Moines monthly. 4. Term. The term of this Agreement shall be for one year commencing on January 1, 2009. Unless written notice of non renewal is given by either party 120 days before the end of the term, this Agreement shall automatically renew for one -year tennis until terminated as set forth below. 5. Records. SSVS, as administered by Tukwila, shall maintain or cause to be maintained books of accounts concerning the total operation of this Agreement, in which books shall be entered, fully and accurately, each transaction pertaining to this Agreement. All the books will be open during normal business hours for inspection and examination by Des Moines. 6. Termination. Tukwila or Des Moines may teiniinate this Agreement in writing with 120 days written notice. The terminating party shall be liable for its share of financial obligations entered into on its behalf prior to teimination including but not limited to printing costs and media buys. 7. Ownership. SSVS shall maintain ownership of all property acquired pursuant to this Agreement. 8. Amendment. This Agreement may be amended or modified in writing at any time with the mutual consent of both parties. 9. Hold Hai Tukwila and Des Moines agree that each party shall defend, indemnify, and hold hainiless the other party and its officers, officials, agents employees, and INTERLOCAL AGREEMENT FOR TOURISM AND MARKETING SERVICES 2 volunteers from any and all claims, injuries, actions, damages, losses or suites including reasonable attorney's fees, which arise out of or are connected with any errors, omissions or negligent acts in the performance of this Agreement. 10. Notices. Notices to the City of Tukwila shall be sent to the following address: City Clerk City of Tukwila 6200 Southcenter Boulevard Tukwila, WA 98188 Copies of notices to the City of Tukwila shall be sent to the following address: Katherine Kertzman, Tourism and Marketing Program Manager Seattle Southside Visitors Center 14220 interurban Avenue South, Ste 130 Tukwila, WA 98168 Copies of notices to the City of Des Moines shall be sent to the following address: Patrice Thorell, Parks and Recreation Director 1000 South 220 Street Des Moines, WA 98198 IN WITNTESS WHEREOF, the parties hereto have caused this Agreement to be executed. CITY OF TUKWILA CITY OF DES MOINES Mayor Mayor Dated: Dated: Attest: Attest: City Clerk City Clerk Approved as to Form: Approved as to Form: Assistant City Attorney City Attorney INTERLOCA L AGREEMENT FOR TOURISM AND MARKETING SERVICES 3 FINANCE AND SAFETY COMMITTEE Meeting Minutes November 18, 2008, 5:00 p.m.; Conference Room #3 City of Tukwila Finance and Safety Committee PRESENT Councilmembers: Dennis Robertson, Chair; Pam Linder and Kathy Hougardy Staff: Rick Still, Lisa Verner, Gail Labanara, Viki Jessop, Shawn Hunstock, Mary Miotke, Nick Olivas, David Haynes, Derek Speck, Rhonda Berry and Melissa Hart Guests: Mark Segale, Bill Arthur and Chuck Parrish CALL TO ORDER: Chair Robertson called the meeting to order at 5:04 p.m. The agenda was amended to reflect the new order of business as presented below. L PRESENTATIONS No presentations. II. BUSINESS AGENDA A. Interlocal Agreement to Provide Tourism and Marketing Services to the City of Des Moines Katherine Kertznian indicated that the proposed agreement is very similar to the previous interlocaI agreement with the City of Des Moines. The notable change is the term of the agreement, which went om a three -year term to a one -year term that will renew for subsequent one -year terms unless otherwise terminated with 120 days notice. Des Moines's payment will remain the same, 100% of lodging tax collected per year. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. B. Impact Fee Ordinances for Fire and Parks Staff reported that Administration is evaluating new sources of revenue for the City. One such source is impact fees; through which new development helps to pay for capital facilities necessitated due to the new growth. The Growth Management Act allows impact fees for parks services and fire services, in addition to traffic impact fees, which the City has already enacted. Lisa Verner stated the regulations regarding impact fees state that the amount collected must be used for capital facilities and the amount collected cannot fund a 100% of a project. Since impact fees cannot fund 100% of a project, prior to impact fee implementation, the City would need to indicate the fee split, such as 90% impact fees and 10% City funding. The information proposed by staff is based on the City of Redmond's model. The State of Washington conducted a Performance Audit of impact fees which stated, "The City of Redmond has developed a Ieading practice in its fire impact fee schedule /calculation." Committee members asked clarifying questions from staff and recommended the following information be provided to Council at the Committee of the Whole Meeting: Do neighboring cities collect impact fees and what are their impact fee /city splits? What is the impact fee /city funded split for the City of Redmond? How were the percentages achieved in the calculation worksheets? Committee Chair Robertson requested staff to simplify the information provided and reorganize the packet of back -up documentation so the presentation is more straightforward. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. CAS NUMBER 08-151 Meeting Date Prepared by 1 Mayor's review I Council renew 11/24/08 VU 1 A I 1 12/01/08 1 VU 1 ITEM INFORMATION AGENDA rl'E rTriim Non- represented employees' wages and benefits for 2009 C) 1'I .GORY Discussion Motion Resolution Ordinance 11tg Date 11/24/08 Mtg Date lltg Date 12 /1 /08 tlltg Date SPONSOR Council Mayor Adrrt Svcs DCD n Finance 1 1 Fire n Le [I PR Police PW SPONSOR'S SUMMARY employees' wage schedule and benefits. Ri'Vi :VII) BY COW Mtg CA &P Cmte [Si F &S Cmte Transportation Cmte Utihties Cmte Arts Comm. n Parks Comm. U Planning Comm. DATE: 11/18/08 RECOMMENDATIONS: SPONSOR /ADMIN. Adoption of Resolution COMMI1TEE Unanimous Approval; Forward to Committee of the Whole COST IMPACT FUND SOURCE EXPI?NDITURE REQUIRED AMOUNT BUDGETED Fund Source: 2009 -2010 BI- ANNUAL BUDGET Comments' Included in the 2009 budget MTG. DATE 11/18/08 COUNCIL AGENDA SYNOPSIS 1 ORIGINAL AGENDA D1Vi'E. NOVEMBER 24, 2008 Altg Date RECORD OF COUNCIL ACTION ITEM No. C. Bid Award Public Heanng 1 1 Other illtg litgDate Council is being asked to consider the Resolution to adopt the 2009 non represented APPROPRIATION REQUIRED MTG. DATE 1 ATTACHMENTS 11/18/08 I Informational memorandum dated 11/13/08 Draft Resolution with attachments (wage schedule, benefits, longevity pay plan) Minutes from the Finance and Safety Committee meeting of 11/18/08 Memo 1 City of Tukwila 6200 Southcenter Boulevard Tukwila, Washington 98188 Jim Haggerton, Mayor To: Finance Safety Committee Members CC: Mayor Jim Haggerton Rhonda Berry, City Administrator Shawn Hunstock, Director of Finance From: Viki L. Jessop, PHR, Administrative Services Director Date: 11/13/2008 Re: Recommendation for 2009 Non Represented Wages Benefits Package Mayor Haggerton, Rhonda Berry and I have had a number of conversations over the past few months regarding the state of the economy, the overall regional financial situation, and the City of Tukwila's budgetary concerns. Though many of the City's neighbors are implementing hiring freezes and layoffs, the City of Tukwila has made a conscious decision to maintain equitable wages and benefits by adhering to its philosophy of being at the average of comparables in the market. This year the Consumer Price Index All Wage Eamers (CPI -W) for Seattle- Tacoma- Bremerton (first half of calendar year 2007 -first half of calendar year 2008) came in at 4.9 CPI -W reflects the instability of the economy over the past year. The data for the first half of 2007 to the first half of 2008 is calculated as: Reporting period ending in February: 5.1% Reporting period ended in April: 3.8% Reporting period ended in June: 6.2% For an average of 4.9% In a departure from a wage increase based on a percentage of the CPI -W, the Mayor is recommending the following compensation package for the Non Represented Employees for calendar year 2009 1) A flat rate 4.5% increase to the non represented wages, effective January 1, 2009; and Phone: 206-433 -1800 City Hall Fax: 206- 433 -1833 www.ci.tukwila.wa.us 2) Updated benefits schedule; and 3) Implementation of a longevity schedule, effective January 1, 2009 The addition of a longevity schedule brings the Non Represented employees into an area of compensation that rewards the Non Represented employees for their institutional knowledge, commitment and dedication to the City of Tukwila, and is more in alignment with intemal compensation equity. The longevity schedule benefits the City by recognizing, rewarding and enhancing the retention of our valuable City resource. The Mayor believes this combination of base wage increase, benefits, and longevity pay, provides a fair and equitable package to the Non Represented employees while staying within the boundaries of the Mayor's recommended biennial budget. Mayor Haggerton requests that the Finance Safety Committee forward the Non Represented compensation and benefit resolution to the November 24 Council of the Whole meeting, with a recommendation for approval. A sample of the format used for the Non Represented Salary schedule is attached to the resolution. Attachment "A the actual wage schedule, will be updated with the recommended 2009 Non Represented wages prior to the Council of the Whole meeting based on the outcome of the Finance Safety meeting discussion. Thank you for your consideration. If you have questions or need additional information regarding this memo, please do not hesitate to contact me. 1 will be in attendance at the Finance Safety Committee meeting on November 18 Page 2 DR. n'T A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, UPDATING AND CLARIFYING THE NON REPRESENTED EMPLOYEES' COMPENSATION AND ADOPTING THE NON REPRESENTED SALARY SCHEDULE AND BENEFITS SUMMARY, EJ FJCTIVE JANUARY 1, 2009. WHEREAS, the Tukwila City Council approved Resolution No. 1537, dated December 1, 2003, which provided that a COLA would be applied to the non represented employee wage schedule in odd numbered calendar years; and WHEREAS, the COLA in previous years has been based on the Consumer Price Index, All Wage Earners (CPI -W) Seattle- Tacoma Bremerton Area Semi Annual Average (first half of calendar year to first half of following calendar year), and WHEREAS, the CPI -W average for the above stated period of time (first half of 2007 compared to first half 2008) is 4.9 and WHEREAS, a percentage of the CPI -W, as stated above, has been used to make wage adjustments in previous years; and WHEREAS, due to the unpredictability of the economy, internal equity considerations, and the funding within the recommended 2009 -2010 City budget, the Mayor recommends the Council provide a flat -rate increase of 4.5% to base wage effective January 1, 2009 for non represented employees; and WHEREAS, in recognition of the commitment and expertise that long -term employment brings to the City, the Mayor also recommends a longevity pay plan for the non represented employees. This plan recognizes internal equity and values the institutional knowledge that is inherent in retaining long -term employees. In this uncertain economy, and with the impending retirement of many of the Baby Boom generation, retaining long -term employees becomes crucial for achieving our mission to preserve and enhance the quality of life for the citizens in Tukwila; NOW, THEREFORE, THE CITY COUNCIL OF THE CI"I'Y OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. Non Represented Wage Plan. A. The 2009 wage schedule for non represented employees shall be increased by a flat rate of 4.5 B. Employees currently above the top step of the 2009 wage schedule shall also receive a 4.5% increase for 2009 The 4.5% shall be applied to their actual wage that is above the control point. C. Longevity pay will be added as described in "Attachment C." D. Merit will continue to be eliminated from the plan at this time due to economic conditions, as well as a desire that the wage schedule for non represented employees C: \Documents and Settings \All Users\ Desktop Kelly \MSDATA Resolutions \^.W9 Ncn -rep salary.dcc KG:ksn 11/21/X08 Page 1 of '7 better reflect the wages offered by those jurisdictions determined to be comparable, and may be reconsidered as a plan element in subsequent years. Section 2. Non- Represented Wage Schedule, Benefits Summary and Longevity Pay Plan. A. The non represented wage schedule, "Attachment A" hereto, shall be approved, effective January 1, 2009. B The non represented benefits summary, "Attachment B" shall be approved, effective January 1, 2009. C. The non represented longevity pay plan, "Attachment C" shall be approved, effective January 1, 2009. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008. ATTEST/AUTHENTICATED: Christy O'Flaherty, CMC, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney Joe Duffle, Council President Filed with the City Clerk: Passed by the City Council. Resolution Number: Attachments: Attachment A, Non Represented Salary Schedule and Structure 2009 Attachment B, Non Represented Employee Benefits 2009 Attachment C, Non Represented Longevity Pay Plan C \Documents and Settings \All Users\ Desktop Kelly \MSDATA \Resolutions \2009 Non -rep salary.doc KG:ksn 11/20/2008 Page 2 of 7 ATTACHMENT A, Page 1 Cri'Y OF TUKWILA NON REPRESENTED SALARY SCHEDULE 2009 Classification Title Administrative Support Technician 1 Office Technician Office Specialist Administrative Assistant Program Coordinator Management Coordinator Management Analyst Program Administrator Program Manager Administrative Manager Assistant Director Department Manager Department Administrator Department Head Department Director City Administrator C \Documents and Settings \All Users Desktop Kelly \MSDATA Resolutions \2009 Non -rep salary KG:ksn 11/20/2008 Job Title Range Administrative Support Technician I Al2 Personnel Technician Administrative Secretary B22 Civil Service Secretary /Examiner Deputy City Clerk B23 Executive Secretary Administrative Secretary I Council Administrative Assistant Systems Administrator C41 Personnel Assistant City Clerk C42 Court Administrator Police Records Manager Legislative Analyst Personnel Analyst Public Works Analyst Internal Operations Manager C43 Public Works Coordinator Emergency Management Coordinator Assistant City Administrator D61 Senior Engineer Building Official IT Manager Maintenance Operations Manager D62 Police Commander Deputy Community Development Director D63 Deputy Finance Director Deputy Public Works Director Deputy Parks Recreation Director Assistant Fire Chief Assistant Police Chief City Engineer Economic Development Administrator Administrative Services Director DCD Director Finance Director IT Director Parks Recreation Director Fire Chief Police Chief Public Works Director City Administrator B21 F102 Page 3 of 7 E83 E91 D72 IDBM Rating All Al 2 Al 3 B21 B22 B23 11331 1832 1C41 C42 C43 1051 1052 1D61 D62 D63 1071 1D72 E81 E82 E83 E91 E92 F101 F102 2009 NonRep Salary Attachment A.As 2009 Non Represented Salary Structure (Monthly) (Minimum) Step 1 Step 2 Step 3 3,4761 3,5851 3,694 3,7261 3,845 3,963 3,9851 4,108 4,233 4,1421 4,298 4,455 4,3901 4,555 4,720 4,6381 4,812 4,987 4,8451 5,057 5,269 5,2061 5,435 5,663 5,400 5,615 5,831 5,763 5,995 6,225 6,1441 6,390 6,637 6,4261 6,714 7,003 6,8551 7,163 7,472 6,7961 7,136 7,476 6,931 7,276 7,623 7,174 7,533 7,892 7,339 7,7401 8,143 7,702 8,1221 8,544 7,783 8,1721 8,562 8,069 8,4741 8,878 8,306 8,723 9,137 8,595 9,026 9,456 8,950 9,4001 9,849 9,310 9,7751 10,241 9,479 9,9531 10,428 Step 4 3,8021 4,0791 4,357 4,609 4,886 5,161 5,480 5,892 6,048 6,456 6,883 7,292 7,781 7,817 7,969 8,2511 8,5461 8,9641 8,9491 9,282 9,554 9,887 10,296 10,7081 10,9041 ATTACHMENT "A" Step 5 3,911 4,197 4,481 4,767 5,052 5,336 5,693 6,121 6,265 6,687 7,128 7,580 8,091 8,1571 8,3161 8,6101 8,947 9,386 9,367 9,688 9,968 10,317 10,745 11,175 11,378 The Salary grid provides a COLA increase of 4.5% over 2008 wages for all ratings Step 6 Step 7 6,482 6,920 7,375 7,870 8,399 8,496 8,661 8,967 9,351 9,807 9,787 10,093 10,384 10,748 11,194 11,639 11,852 10,188 10,496 10,801 11,178 11,642 12,106 12,327 11/132008 ATTACHMENT B NON REPRESENTED EMPLOYEE BENEr1'1 S 2009 SOCIAL SECURITY (FICA): Social Security benefits shall be provided as contained in Section 2.52.010 of the Tukwila Municipal Code (TMC). STATE -WIDE EMPLOYEE RETIREMENT SYSTEM (PERS): Retirement shall be provided as contained in Section 2.52.020 of the TIvIC. HOLIDAYS: Holidays shall be provided as contained in Section 2.52.030 of the TMC. Regular part-time employees shall be entitled to benefits on a pro -rata basis. SICK LEAVE: Sick leave shall be provided as contained in Section 2.52.040 of the TMC. Regular part -time employees shall be entitled to benefits on a pro -rata basis. MEDICAL INSURANCE: The City shall pay 100% of the 2009 premium for regular full-time employees and their dependents under the City of Tukwila self- insured medical /dental plan. Premium increases above 10% per year shall result in a modified plan document to cover the additional cost above 10 or a premium shall be implemented for the difference, at the City's discretion. The City reserves the right to select all medical plans and providers. Regular part -time employees shall be entitled to benefits on a pro-rata basis. Employees who choose coverage under the Group Health Cooperative plan shall pay the difference between the City of Tukwila plan full- family rate and the rate charged to them by Group Health. DENTAL INSURANCE: The City shall provide 100% of the 2009 premium for the regular full-time employees and all dependents under the City of Tukwila self insured medical /dental plan for dental coverage. Regular part -time employees shall be entitled to the same benefits on a pro -rata basis. LIFE INSURANCE: For regular full-time employees, the City shall pay the premium for Plan C (Multiple of annual earnings) or similar group life and accidental death and dismemberment insurance policy. Said plan shall be at 100% of annual earnings rounded up to the next $1,000. Regular part -time employees that work at least 20 hours per week shall be entitled to benefits on a pro -rata basis (per insurance program requirements). VISION /OPTICAL/HEARNG CARE: The City shall provide coverage for eye examinations, vision, optical and hearing care to non represented regular full -time employees and their dependents at the rate of $200 per person, to a maximum of $400 per family unit, each year. Regular part -time employees and their dependents shall be entitled to benefits on a pro -rata basis. DISABILITY INSURANCE: The City shall provide 100% of the premium for regular full -time employees for a comprehensive long -term disability policy. Regular part-time employees that work at least 20 hours per week shall be entitled to benefits on a pro rata basis (per insurance program requirements). HEALTH REIMBURSEMENT ARRANGEMENT/VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION (HRA/VEBA): VEBA benefits shall be provided as contained in Resolution 1445, and as amended. VACATION: Following the 6th month of continuous employment, annual vacation leave of 6 full days (each day is calculated at 8 hours, regardless of schedule worked) shall be granted. Thereafter, an additional day of annual Leave shall accrue each month, up to a total of 12 days. Three additional days of annual leave shall be granted on the employee's anniversary date after the 3rd, 4th, and 5th years. After 6 years, the employee shall be granted 1 day per year additional annual leave to a maximum of 24 days per year. The maximum number of accrued hours is 334, or 48 days. C \Documents and Settings \All Users Desktop Kelly \M.SDATA Resolutions \2009 Non -rep salary.doc KG:ksn 11/20/2Ce8 Page 5 of 7 Years Vacation Years Vacation of Service Accrual of Service Accrual 0 -1 years 12 days* 10 years 19 days 1 -2 years 12 days 11 years 20 days 3 -6 years 15 days 12 years 21 days 7 years 16 days 13 years 22 days 8 years 17 days 14 years 23 days 9 years 18 days 15 years 24 days (maximum) *Six full days will be granted following the sixth month of continuous employment. (Days accrue at 8 hours, regardless of schedule worked.) Regular part time employees shall be entitled to benefits on a pro -rata basis. UNIFORM ALLOWANCE: An annual uniform allowance of $350 shall be granted to the following employees: Fire Chief, Assistant Fire Chief, Police Chief, Assistant Police Chief, Police Commander, and Records Manager. C \Documents and Settings \All Users Desktop Kelly \MSDATA Resolutions \2004 Non -rep salary.doc KG:ksn 11/20/2008 Page 6 of 7 ATTACHMENT C LONGEVITY PAY PLAN FOR NON- REPRESEN'1'Ei) EMPLOYEES The monthly longevity flat rates shall be as follows for regular full -time employees after the completion of the number of years of full time employment with the City set forth below. Regular part -time employees shall receive longevity on a pro -rata basis. Completion of 5 years $75 Completion of 10 years $100 Completion of 15 years $125 Completion of 20 years $150 Completion of 25 years 5175 Completion of 30 years $200 C \Documents and Setting \All User s\ Desktop\ Kelly \1v15DATA \Resolutions \2009 Non -rep salary.doc KG:ksn 11 /20 /20ss Page 7 of 7 Finance Safety Committee Minutes November 18. 2008 Page 2 C. A Resolution Regarding Non Represented Employee Wages and Benefits for 2009 Staff presented recommendations for non represented wages and benefits for 2009. In a departure from a wage increase based on a percentage of the CPI -W, the Mayor is recommending the following compensation package for the non represented employees for 2009: A flat rate 4.5% increase to the non represented wages, effective January 1, 2009 Updated benefits schedule Implementation of a longevity schedule, effective January 1, 2009 Committee members requested the total cost to the City for both the proposed 4.5% increase and the longevity proposal be provided to full Council. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. D. Final 2008 Budget Amendment Each year the Finance Department assesses the actual fmancial performance of the City compared to the adopted budget. As part of this annual analysis, staff is proposing an amendment to the 2008 Budget. The amendment calls for the reallocation of unspent appropriations to budgets with potential deficits. Budgets increased are: finance, related to unbudgeted claims and judgments of $299,000; and legal, related to unexpected legal representation, prosecutorial and other expenses of $340,000. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. E. An Ordinance Adopting the 2009 -2010 Budget and a Resolution Adopting the 2009 -2014 Capital Improvement Program Staff indicated the adjustments identified during the Proposed Budget review have been completed and the ordinance in draft form is attached to the Committee Agenda. After discussion, the Committee was in favor of forwarding to the COW for discussion. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. F. Eden System License Proposal Shawn Hunstock indicated that the EDEN Financial Systems application is currently limited to a small number of users throughout the City. Some departments do not have a single user of EDEN, and a few depatttitents have only one or two users. The purchase of a site license for EDEN will give departments the ability to have an unlimited number of users increasing the functionality and usefulness of the program. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. G. Proposed Refunding of 1999 Bond Issue Staff has recently indentified an opportunity to possibly refund the 1999 bond issue and save an estimated $326,048, over the remaining ten years of the bond. The original bond issue was $10,000,000 and approximately $6,260,000 remains outstanding. The potential impact on the proposed 2009 -210 Budget is a savings of $60,557. This amount represents a decrease in sales taxes that would be needed to pay for debt service, and could be used in the General Fund or elsewhere. Committee members asked clarifying questions on bond status, and restrictions associated with the refunding. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. H. S.C.O.R.E. Interlocal Agreement Due to time constraints, this item was removed from the agenda and will return to Committee on December 2. III. MISCELLANEOUS Meeting adjourned at 7:10 p.m. Next meeting: Monday, December 2 5:00 p.m. Conference Room #3 Committee Chair Approval Minutes tty MH. CAS NUMBER 08-152 Fund Source: Continents MTG. DATE 1 11/24/08 1 MTG. DATE 11/24/08 12/01/08 1 0 S ttileeting Date 11/24/08 12/01/08 FINANCE DEPARTMENT BUDGET COUNCIL AGENDA SYNOPSIS Prepared by SH SH Marais ITEM NO. Mayor's review I Council review AAA ITEM INFORMATION I ORIGINAL AGENDA DATE. NOVEMBER 24, 2008 AGENDA ITEM TITLE Acquisition of site license for EDEN Financial Systems. C.\"1'1:G( )RY Discussion Motion n Resolution 1 Ordinance n Bic Award I I Public Hearing Other r1Its Date 11/24/08 rlltg Date 12/01/08 illtg Date dltg Date RECORD OF COUNCIL ACTION Mtg Date _lltg Date Mtg Date SPONSOR Council Mayor _Adm Svcs DCD Finance Fire Legal P &R Police PW SP ONSOR'S There is a need for a site license for EDEN Financial Systems. A site license will allow for SVMU.IRY unlimited users of EDEN. The benefits of a site license include the ability for each department to manage their budgets in a timely basis, electronic routing of purchase orders for approval, as well as the addition of other modules, such as the new HR system, with no need to pay for additional individual user licenses. RE\ 11 ;WI .D BY LI COW Mtg. CA &P Cmte F &S Cmte n Transportation Cmte Utilities Cmte Arts Comm. n Parks Comm. n Planning Comm. DA 1'E: 11/18/08 RECOMMENDATIONS: SPONSOR /ADMIN. Approve acquisition of the site license. COMMIT-ME Unanimous approval; forward to Committee of the Whole. COST IMPACT FUND SOURCE EXPINDITURE RJ.QUIRG.D AMOUNT BUDGETED $32,700 ATTACHMENTS Informational memorandum dated 11/19/08 Informational memorandum dated 11/12/08 Minutes from the Finance and Safety Committee meeting of 11/18/08 APPROPRIATION REQUIRED City of Tukwila Jim Haggerton, Mayor Finance Department Shawn Hunstock, Director To: Mayor Haggerton Committee of the Whole From: Shawn Hunstock, Finance Director Date: November 19, 2008 Subject: EDEN Site License ISSUE The EDEN Financial Systems application, used for purchasing, accounts payable, payroll, travel claim and petty cash reimbursements, and financial reporting, is currently limited to a small number of users throughout the city Some departments do not have a single user of EDEN, and a few departments have just one or two users. The purchase of a site license for EDEN will give us the ability to have an unlimited number of users. BACKGROUND EDEN is offering a discount of $7,300 on the cost of the site license if we purchase it before year -end. The discount is being offered in light of our previous commitment to EDEN products and our planned purchase of other modules, such as Cashiering and HR. Funding for the purchase will come from the Finance budget. The final budget amendment for 2008 includes moving resources into the Finance budget. This budget amendment will fund the site license as well as the previously approved cashiering module, also from EDEN. RECOMMENDATION Staff recommendation is to approve the purchase of the EDEN site license. The Finance and Safety Committee on November 18, 2008 approved forwarding this item to Committee of the Whole on November 24 with unanimous consensus for approval cc: Rhonda Berry, City Administrator Mary Miotke, Infonnation Technology Director Attachment: Memo to Finance and Safety Committee, dated 11/12/08 City of Tukwila Jim Haggerton, Mayor Finance Department Shawn Hunstock, Director To: Mayor Haggerton Finance Safety Committee From: Shawn Hunstock, Finance Director Date: November 12, 2008 Subject: EDEN Site License ISSUE The EDEN Financial Systems application, used for purchasing, accounts payable, payroll, travel claim and petty cash reimbursements, and financial reporting, is currently Limited to a small number of users throughout the city. Some departments do not have a single user of EDEN, and a few departments have just one or two users. The purchase of a site license for EDEN will give us the ability to have an unlimited number of users BACKGROUND Departments currently rely on the Finance department to distribute, or post on the intranet, infoilnation related to year -to -date expenditures. There can at times be delays in getting this information out to departments depending on the workload within the Finance department. This infoiniation is also at a very high level and is helpful for monitoring the overall status of a budget, but not for answering specific questions, such as determining what exactly was charged to a specific budget number. The purchase of a site license for EDEN will provide the city with the following benefits: Departments will be able to access financial information at any point in time and will be able to drill -down to specific documents, vendors and journal entries. This will improve the timeliness and relevance of information directors and managers' need to administer their budgets The Finance department will be able to implement a requisitioning process for city purchases. This will give departments the ability to enter Purchase Orders at- will, rather than waiting for Finance to enter them. The above requisitioning process will also give the city the ability to route Purchase Orders electronically rather than manually for approval. Currently, Requests for PO's are printed in hardcopy form and routed through managers and departments for approval. Electronic approval routing, utilizing existing purchasing authority limits, will allow for timely processing of PO's, will save the cost needed for staff time in routing hardcopy documents to different people, as well as save the cost needed for printing these documents. Finance Safern Committee EDEN Site License Page As other modules of EDEN are implemented, such as Cashiering and Human Resources having a site license will give us the ability to add additional users of the system with no incremental costs for individual user licenses. This will also save on licensing costs when online timesheets are eventually implemented. Finally, EDEN is offering a discount of $7,300 on the cost of the site license if we purchase it before year -end. EDEN is offering the discount in light of our previous commitment to EDEN products and our planned purchase of other modules, such as Cashiering and HR. RECOMMENDATION Staff recommendation is to approve reallocation of appropriations in the Finance and Department 20 budgets in the amount of $32,700 for the purchase of an EDEN site license. cc: Rhonda Berry, City Administrator Mary Miotke, Information Technology Director Attachment: Email and Quote from EDEN. Finance Safety Committee Minutes November 18, 2008 Page 2 C. A Resolution Regarding Non Reoresented Employee Wages and Benefits for 2009, Staff presented recommendations for non represented wages and benefits for 2009. In a departure from a wage increase based on a percentage of the CPI -W, the Mayor is recommending the following compensation package for the non represented employees for 2009: A flat rate 4.5% increase to the non represented wages, effective January 1, 2009 Updated benefits schedule Implementation of a longevity schedule, effective January 1, 2009 Committee members requested the total cost to the City for both the proposed 4.5% increase and the longevity proposal be provided to full Council. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. D. Final 2008 Budget Amendment Each year the Finance Department assesses the actual financial performance of the City compared to the adopted budget. As part of this annual analysis, staff is proposing an amendment to the 2008 Budget. The amendment calls for the reallocation of unspent appropriations to budgets with potential deficits. Budgets increased are: finance, related to unbudgeted claims and judgments of $299,000; and legal, related to unexpected legal representation, prosecutorial and other expenses of $340,000. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. E. An Ordinance Adopting the 2009 -2010 Budget and a Resolution Adopting the 2009 -2014 Capital Improvement Program Staff indicated the adjustments identified during the Proposed Budget review have been completed and the ordinance in draft form is attached to the Committee Agenda. After discussion, the Committee was in favor of forwarding to the COW for discussion. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. F. Eden System License Proposal Shawn Hunstock indicated that the EDEN Financial Systems application is currently limited to a small number of users throughout the City. Some depai intents do not have a single user of EDEN, and a few depai intents have only one or two users. The purchase of a site license for EDEN will give departments the ability to have an unlimited number of users increasing the functionality and usefulness of the program. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. G. Proposed Refunding of 1999 Bond Issue Staff has recently indentified an opportunity to possibly refund the 1999 bond issue and save an estimated $326,048, over the remaining ten years of the bond. The original bond issue was $10,000,000 and approximately $6,260,000 remains outstanding. The potential impact on the proposed 2009 -210 Budget is a savings of $60,557. This amount represents a decrease in sales taxes that would be needed to pay for debt service, and could be used in the General Fund or elsewhere. Committee members asked clarifying questions on bond status, and restrictions associated with the refunding. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. FI. S.C.O.R.E. Interlocal Agreement Due to time constraints, this item was removed from the agenda and will return to Committee on December 2. III. MISCELLANEOUS Meeting adjourned at 7:10 p.m. Next meeting: Monday, December 2 5:00 p.m. Conference Room #3 Committee Chair Approval Minutes by MH CAS NUMBER 08-153 AGENDA ITI'.M TF11.1? 2008 Proposed Budget Amendments C.\'I'I .CORY Discussion Motion Resolution Ordinance I Bic/ Award n Public Hearing Other Klts Date 11/24/08 tlitg Date 12/01/08 Kits Date K'ltg Date Alts Date 11 It; Date Alts Date SP( )NSOR Council Mayor Adm Sucs DCD Finance Fire Legal P &R Police U PW/ SPONSOR'S Attached for review are the proposed amendments to the 2008 budget. SUMMARY RI,\ II•:\W'ED BY COW Mtg. CA &P Cmte F &S Cmte Transportation Cmte Utilities Cmte Arts Comm. Parks Comm. Planning Comm. DA 1E: 11/18/08 RECOMMENDATIONS: SPONSOR /ADMIN. Approve amendment as submitted CO IMITIEE Unanimous approval; forward to Committee of the Whole COST IMPACT FUND SOURCE E\PI .NDITURI; REQUIRED AMOUNT BUDGETED APPROPRIATION REQUIRED $620,000 $620,000 Fund Source: REALLOCATION OF EXISTING FUNDING WITHIN THE GENERAL FUND Con MTG. DATE 11/24/08 MTG. DATE 11/24/08 1 12/01/08 1 1 OF COUNCIL AGENDA SYNOPSIS Cabals Meetinx Date 1 Prepared by 1 Mayor's review I Cor:m_zl revrew 11/24/08 1 SH 12/01/08 1 SH 1 I 1 ITEM INFORMATION ORIGINAL AGENI)A DATE: NOVEMBER 24, 2008 RECORD OF COUNCIL ACTION ATTACHMENTS Informational memorandum dated 11/19/08 Informational memorandum dated 11/13/08 Authorization for Transfer of Funds 11/13/08 Minutes from the Finance and Safety Committee meeting 11/18/08 ITEM No. To: City of Tukwila Jim Haggerton, Mayor Finance Department Shawn Hunstock, Director Mayor Haggerton Committee of the Whole From: Shawn Hunstock, Finance Director Date: November 19, 2008 Subject: Final 2008 Budget Amendment Attached is a memorandum to the Finance and Safety Committee with detail on year end adjustments to the 2008 budget. The adjustments are needed to fund expenses in Finance for claims and judgments that were not budgeted for, as well as expenditures in the Legal department for prosecutorial and other items that exceeded the 2008 appropriation. The amendment had unanimous consensus at the Finance and Safety Committee meeting on November 18 to forward to Committee of the Whole on November 24 with recommendation for approval. This item is currently scheduled for the City Council meeting on December 1 cc: Rhonda Berry, City Administrator Attachment: Memo to Finance and Safety Committee, dated November 13, 2008 To: General Fund 000 Expenditures* City of Tukwila Jim Haggerton, Mayor Finance Department Shawn Hunstock, Director Mayor Haggerton Finance Safety Committee From: Shawn Hunstock, Finance Director Date: November 13, 2008 Subject: Final 2008 Budget Amendment As we near the end of 2008, we typically assess the actual financial performance versus the adopted budget. As part of that analysis, an amendment to the 2008 budget is proposed, as detailed below. The amendment will be reviewed at the Finance and Safety Committee meeting on November 18 and upon recommendation by the committee, forwarded to Committee of the Whole on November 24th, then City Council on December 1 Finance Claims and Judgements 05.514.230 49 03 280 000 City Attorney Contracted Prosecution Services 06 515 200.41 02 340,000 Dept. 20 Professional Services 20.513 100.41.00 (50,000) Self- Insured Medical Dental 20 517.360.25.97 (40,000) Repair Demolition Fund 20 531 900.49 01 (100,000) Professional Services 20.557.302.41 00 (15,000) Professional Services 20.559.600.41.00 (40,000) Centennial Celebration 20.573.900 41.00 (51,000) Emergency Generators 20.594.250.62.00 (324,000) (620, 000) cc Rhonda Berry, City Administrator Department: ri i ci "G e- Under the provisions of Ordinance No. 2010, the following transfer of ficncis within the budget class is requested: From: To: City of Tukwila AUTHORIZATION FOR TRANSFER OF FUNDS Budget Line Item Number/ BAR 000.20.513.100.41.00 000.20.517.360.25.97 000.20.531.900.49.01 000.20.557.302.41.00 000.20.559.600.41.00 000.20.573.900.41.00 000.20.594.250.62.00 Total Budget Line Item Number/ BAR 000.05.514.230.49.03 000.06.515.200.41.02 Total Detailed justification for transfer: Reallocate unspent appropriations to budgets with potential deficits. Budgets increased are Finance, related to unbudgeted claims and iudgements of $299,000, and Legal, related to unexpected legal representation, prosecutorial and other exvenses of $340,000. APPROVED BY THE TUKWILA CITY COUNCIL AT A MEETING THEREOF: the day of 20 APPROVED BY THE DEPARTMENT HEAD: L Signature: wy rya, Date: r /o' APPROVED BY THE MAYOR: Signature: Date: U Budget \Authorization for Transfer of Funds.doc CO:lsn 11/13/2008 Date: /o( Amount 50,000 40,000 100,000 15,000 40,000 51,000 324,000 620,000 Amount 280,000 340,000 620,000 Finance Safety Committee Minutes November 18. 2008 Pape 2 C. A Resolution Regarding Non Represented Employee Wages and Benefits for 2009 Staff presented recommendations for non represented wages and benefits for 2009. In a departure from a wage increase based on a percentage of the CPI -W, the Mayor is recommending the following compensation package for the non represented employees for 2009: A flat rate 4.5% increase to the non represented wages, effective January 1, 2009 Updated benefits schedule Implementation of a longevity schedule, effective January 1, 2009 Committee members requested the total cost to the City for both the proposed 4.5% increase and the longevity proposal be provided to full Council. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. D. Final 2008 Budget Amendment Each year the Finance Department assesses the actual financial performance of the City compared to the adopted budget. As part of this annual analysis, staff is proposing an amendment to the 2008 Budget. The amendment calls for the reallocation of unspent appropriations to budgets with potential deficits. Budgets increased are: finance, related to unbudgeted claims and judgments of $299,000; and legal, related to unexpected legal representation, prosecutorial and other expenses of $340,000. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. E. An Ordinance Adopting the 2009 -2010 Budget and a Resolution Adopting the 2009 -2014 Capital Imnrovement Program Staff indicated the adjustments identified during the Proposed Budget review have been completed and the ordinance in draft form is attached to the Committee Agenda. After discussion, the Committee was in favor of forwarding to the COW for discussion. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. F. Eden System License Proposal Shawn Hunstock indicated that the EDEN Financial Systems application is currently limited to a small number of users throughout the City. Some depai tnients do not have a single user of EDEN, and a few departments have only one or two users. The purchase of a site license for EDEN will give depaituients the ability to have an unlimited number of users increasing the functionality and usefulness of the program. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. G. Proposed Refunding of 1999 Bond Issue Staff has recently indentified an opportunity to possibly refund the 1999 bond issue and save an estimated $326,048, over the remaining ten years of the bond. The original bond issue was $10,000,000 and approximately $6,260,000 remains outstanding. The potential impact on the proposed 2009 -210 Budget is a savings of $60,557. This amount represents a decrease in sales taxes that would be needed to pay for debt service, and could be used in the General Fund or elsewhere. Committee members asked clarifying questions on bond status, and restrictions associated with the refunding. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. H. S.C.O.R.E. Interlocal Agreement Due to time constraints, this item was removed from the agenda and will return to Committee on December 2. M. MISCELLANEOUS Meeting adjourned at 7:10 p.m. Next meeting: Monday, December 2 5:00 p.m. Conference Room #3 I) i Committee Chair Approval Minutes MH. Fund Source: Comments. MTG. DATE 11/17/08 MTG. DATE 11/24/08 12/01/08 CAS NUMBER 08-154 Acl•:ND ITEM Trl•I.l. Review of final adjustments to the 2009 -2010 proposed budget and 2009 -2014 CIP Ga'i'l {(cony Discussion Motion Resolution Ordinance Bid Award Public Hearing Other iItg Date 11/24/08 Altg Date Alts Date 12/01/08 Altg Date 12/01/08 Mfg Date Ails Date 11/17/08 Altg Date 'SPONSOR Council Ivla_yor n Adm Svcs n DCD Finance Fire Legal PZR Police PW SPONSOR'S Attached for review are the final changes to the 2009 2010 proposed budget and 2009 SVMM \RY 2014 CIP. Council reviewed the budget at four Councl meetings in October /November and conducted the Public Hearing on November 17, 2008. RI I1.\t'11) BY COW Mtg. CA &P Cmte F &S Cmte U Utilities Cmte Arts Comm. Parks Comm. I Planning Comm. DAIS.: 11/18/08 RECOMMENDATIONS: SPONSOR /ADNHN. Approve final changes for adoption of the budget and CIP COMMI1TME Unanimous approval; forward to Committee of the Whole COST IMPACT FUND SOURCE EXPINDITURI;. RlsOUI1u D COUNCIL AGENDA SYNOPSIS Iluilals Meeting Date Prepared by 1 Mayor's review Caviled review 11/24/08 SH A -4 X- 12/01/08 SH 1 la ITEM INFORMATION l ORIGINAL AGENDA DATE: NOVEMBER 24, 2008 AMOUNT BUDGETED RECORD OF COUNCIL ACTION Public Hearing at City Council meeting. ITEMNO. Transportation Cmte APPROPRIATION REQUIRED ATTACHMENTS Informational memorandum dated 11/19/08 with budget errata and CIP sheets Attachments A, B and C Budget Ordinance and CIP Resolution in final form Minutes from the Finance and Safety Committee meeting of 11/18/08 To: City of Tukwila Jim Haggerton, Mayor Finance Department Shawn Hunstock, Director Mayor Haggerton Committee of the Whole From: Shawn Hunstock, Finance Director i Date: November 19, 2008 Subject: 2009 -2010 Budget Ordinance 2009 -2014 CIP Resolution The draft 2009 -2010 budget ordinance and 2009 -2014 CIP resolution were reviewed at the Finance and Safety Committee meeting on November 18, 2008 The Committee unanimously approved forwarding to Committee of the Whole on November 24 This item is scheduled for action by City Council on December 1 The Budget Errata attachment is a correction of the one distributed to the Finance and Safety Committee. There are no monetary changes on the revised attachment. The changes correct the footnote annotations for some of the Department 20 budget reallocations. No other changes were made cc: Rhonda Berry, City Administrator Attachment (Revised) Budget Errata REVISED 2009-2010 BUDGET ADJUSTMENTS GENERAL 000 TRANSFER IN FROM FUND 303 2009-2010 BUDGET ADJUSTMENTS HOTEL / MOTEL TAX 101 ESTIMATED BEGINNING UNRESERVED FUND BALANCE SEATAC COSTS TOTAL REVENUES 2009-2010 BUDGET ADJUSTMENTS LAND ACQUISITION RECREATION AND PARK DEVELOPMENT 301 KING COUNTY OPEN SPACE GRANT - GREENBELT TRAILS CARRYOVER - DUWAMISH GARDENS ESTIMATED BEGINNING UNRESERVED FUND BALANCE FACILITY REPLACEMENT 302 GENERAL GOVERNMENT IMPROVEMENTS 303 2009-2010 BUDGET ADJUSTMENTS WATER 401 CARRYOVER - INTERURBAN WATER REUSE SEWER 402 SURFACE WATER 412 2009-2010 BUDGET ADJUSTMENTS EQUIPMENT RENTAL 501 INSURANCE FUND 502 FIREMAN'S PENSION FUND 611 2009-2010 BUDGET ADJUSTMENTS CIF City of Tukwila CAPITAL IMPROVEMENT PLAN for 2009 2014 Parks and Trails PARKS AND RECREATION 301 Fund *Other After Six Page PROJECT TITLE 2009 2010 2011 2012 2013 2014 TOTAL Sources Years 7 Codiga Park 510 0 0 0 0 0 510 0 0 8 Hand Boat Launches 100 0 0 0 0 54 154 134 596 9 Duwamish River Bend Hill Park 504 0 0 0 0 30 534 244 2,970 10 City of Tukwila Pool 387 100 100 120 120 120 947 0 120 11 City of Tukwila Leisure Pool Addition 0 0 0 0 0 125 125 100 1,375 12 Tukwila Pond 199 339 0 0 0 250 788 206 2,750 13 Greenbelt Multipurpose Trails 63 43 43 43 43 0 235 235 0 14 Black River Trail Connector 23 0 0 0 0 83 106 89 917 15 Fort Dent Park 36 0 200 0 0 0 236 100 1,600 16 57th Ave S Park Extension 25 0 0 0 0 0 25 0 150 17 Parks, Recreation Open Space Plan 0 0 0 0 75 0 75 0 0 18 Ryan Hill Park 0 0 0 0 0 0 0 0 2,500 19 Macadam Winter Garden 0 0 0 0 0 0 0 0 500 20 Southgate Park Improvements 0 0 0 0 0 83 83 66 917 21 Log House Park 0 0 0 0 0 0 0 0 200 22 Wilcox River Park 0 0 0 0 0 0 0 0 150 Related to Fish Habitat 23 WRIA 9 Watershed Planning 11 11 12 12 12 12 70 0 12 24 Duwamish Gardens 2,559 1,000 0 0 0 0 3,559 3,256 0 25 Riverton Creek Flap Gate Removal 50 650 0 0 0 0 700 572 0 26 Gilliam Creek Fish Barrier Removal 0 0 0 0 0 0 0 0 675 27 Nelson Salmon Habitat Side Channel 0 0 0 0 0 0 0 0 645 28 Foster Golf Course Riverbank 0 0 0 0 0 0 0 0 434 29 Lower Gilliam Creek Channel 0 0 0 0 0 0 0 0 248 Grand Total Chances from 2008 to 2009 CIP: New: Hand Boat Launches City of Tukwila Leisure Pool Addition 4,467 2,143 355 175 250 757 8,147 5,002 16,759 Park Impact Fee List Projects (project must be started within 6 years) Deleted: Water Spray Park, completed in 2008. Riverton Creek Upper Watershed, originally part of TIB Phase II street improvements but stream restoration is not needed. Southgate Creek Habitat Phase II, peak flows will be reduced with TIB high flow bypass and stabilizing slopes will not be needed. CIP301 Nov 2009 80% 20% *Denotes other funding sources, printed 11/20/2008 grants, mitigations, etc. 6 PROJECT: Hand Boat Launches LINE ITEM: 301.00.594.760. PROJECT NO. 08 -PK01 Construction of boat launches which will provide access to the Green River for non motorized craft. Launches will be constructed at Christianson Road, Codiga Park, Fort Dent Park, and the Log House Park. DESCRIPTION: JUSTIFICATION: STATUS: MAINT. IMPACT: CITY OF TUKWILA CAPITAL PROJECT SUMMARY 2009 to 2014 The Parks, Recreation and Open Space Plan and the Shoreline Master Plan promote and encourage additional public access to the Green River. Codiga boat launch is scheduled for 2009 with a grant from Washington State Community Trade and Economic Development (CTED) for $10,000. COMMENT: Project is on the Park Impact Fee list and the goal is to start the project by 2014. FINANCIAL Through Estimated (in $000's) 2007 2008 2009 2010 2011 2012 2013 2014 BEYOND TOTAL EXPENSES Engineering 54 54 Land(R/W) 0 Const. Mgmt. 149 149 Construction 100 447 547 TOTAL EXPENSES 0 0 100 0 0 0 0 54 596 750 FUND SOURCES USACE 0 Actual Grant 10 10 Proposed Grant 0 Park Impact Fees 80 44 476 600 City Oper. Revenue 0 0 10 0 0 0 0 10 120 140 TOTAL SOURCES 0 0 100 0 0 0 0 54 596 750 Entire System _0 �z� `i rte_. Sla �'?�e���es'"� 8 PROJECT: DESCRIPTION: JUSTIFICATION: STATUS: MAINT. IMPACT: COMMENT: FINANCIAL (in $000's) EXPENSES Engineering Construction Mgmt Construction TOTAL EXPENSES FUND SOURCES Awarded Grant Proposed Grant Mitigation Actual Park Impact Fees City Oper. Revenue TOTAL SOURCES e Project Location CITY OF TUKWILA CAPITAL PROJECT SUMMARY City of Tukwila Leisure Pool Addition LINE ITEM: 301.00.594.760. PROJECT NO. 08 -PK02 Leisure Pool will expand features at the City of Tukwila Pool that may include water slides, lazy rivers and water spray pool equipment. Swimming pool was built in 1973 and requires new apparatus for the benefit and growth of the community. Project is currently under review and is included in the Park, Recreation and Open Space Plan. Project will be dependent upon negotiating an extension of the lease with the Tukwila School District that is due to expire in 2011. Project is on Park Impact Fee list and goal is to start project by 2014, see previous page for pool maintenance. Through Estimated 2007 2008 2009 2010 2011 2012 2013 2014 BEYOND TOTAL 125 25 225 1,125 0 0 0 0 0 0 0 125 1,375 0 0 0 0 0 0 2009 to 2014 0 0 0 0 11 100 0 0 25 0 0 125 1,100 275 1,375 150 225 1,125 1,500 0 0 0 1,200 300 1,500 PROJECT: Ryan Hill Park CITY OF TUKWILA CAPITAL PROJECT SUMMARY LINE ITEM: 301.00.594.760. .32 PROJECT NO. 06 -PK04 Land will need to be purchased and a neighborhood park built in this somewhat isolated northeast part DESCRIPTION: JUSTIFICATION: To provide a park in a neighborhood that lacks open space and recreation areas. STATUS: MAINT. IMPACT: To be determined. COMMENT: of the City. The 2008 Park and Open Space Plan identified the needed land area for purchase of a park in the Ryan Hill neighborhood as a City priority. FINANCIAL Through Estimated (in $000's) 2007 2008 2009 2010 2011 2012 2013 2014 BEYOND TOTAL EXPENSES Engineering 250 250 Land (R/W) 750 750 Construction 1,500 1,500 TOTAL EXPENSES 0 0 0 0 0 0 0 0 2,500 2,500 FUND SOURCES Awarded Grant 0 Proposed Grant 0 Mitigation Actual 0 Park Impact Fees 0 City Oper. Revenue 0 0 0 0 0 0 0 0 2,500 2,500 TOTAL SOURCES 0 0 0 0 0 0 0 0 2,500 2,500 Project Location 2009 to 2014 FUNDING REDUCED FUNDS USED IN 2008 FOR 5800 SOUTH 152ND STREET Page PROJECT TITLE City of Tukwila CAPITAL IMPROVEMENT PROGRAM for 2009 2014 FIRE IMPROVEMENTS 304 Fund CIP *Other After Six Grand Total Chances from 2008 to 2009 CIP: New: Relocate Fire Station 51 New Aid Car for Fire Station 51 New Engine for Fire Station 54 Relocate Fire Station 52 2009 2010 2011 2012 2013 2014 TOTAL Sources Years Relocate Fire Station 51 0 0 0 0 0 833 833 666 9,167 New Aid Car for Fire Station 51 0 0 0 0 0 15 15 12 170 New Engine for Fire Station 54 0 0 0 0 0 63 63 50 688 Relocate Fire Station 52 0 0 0 0 0 295 295 236 3,250 0 0 0 0 0 1,206 1,206 964 13,274 Fire Impact Fee List Projects (project must be started within 6 years). *Denotes other funding sources, grants, mitigations, etc. CIP Fire 80% 20 11/20/2008 MAINT. IMPACT: CITY OF TUKWILA CAPITAL PROJECT SUMMARY 2009 to 2014 PROJECT: Relocate Fire Station 51 LINE ITEM: PROJECT NO. 08 -BG02 DESCRIPTION: Construct 25,000 square foot Fire Station. JUSTIFICATION: Fire Station 51 will be relocated due to expected growth. Land is donated by Tukwila South Project. The new fire station will be 25,000 sf, including bays for ladder truck and new aid car. STATUS: Land donation is expected in 2009. Project is on Fire Impact Fee list and goal is to start the project by 2014. Growth is expected due to TUC COMMENT: expansion and Tukwila South Project. Full funding is $10,000,000 over 12 years. One twelfth funding is shown in 2014, when the projects will start, with the rest of funding shown in "Beyond." FINANCIAL Through Estimated (in $000's) 2007 2008 2009 2010 2011 2012 2013 2014 BEYOND TOTAL EXPENSES Design Land (R/W) Const. Mgmt. Construction TOTAL EXPENSES FUND SOURCES Awarded Grant Proposed Grant Fire Impact Fees Fire Impact Fees Expected City Oper. Revenue TOTAL SOURCES Entire System XX t O 0 0 0 0 0 0 0 0 833 9,167 10,000 833 9,167 10,000 O 0 0 O 0 0 0 0 0 666 7,334 8,000 167 1,833 2,000 833 9,167 10,000 CITY OF TUKWILA CAPITAL PROJECT SUMMARY 2009 to 2014 PROJECT: New Aid Car for Fire Station 51 LINE ITEM: PROJECT NO. 08 -BG03 DESCRIPTION: Purchase a new aid car based on the relocation of Fire Station 51. JUSTIFICATION: The Fire Master Plan states that a new aid car is needed at the relocated Fire Station 51 due to anticipated growth. STATUS: MAINT. IMPACT: COMMENT: This project is on the Fire Impact Fee list and the goal is to start the project by 2014. Full funding is of $185,000 over 12 years. One twelfth funding is shown in 2014, when the projects will start, with the rest of funding shown in "Beyond." FINANCIAL Through Estimated (in $000's) 2007 2008 2009 2010 2011 2012 2013 2014 BEYOND TOTAL EXPENSES Design 0 Land (R/W) 0 Const. Mgmt. 0 Construction 15 170 185 TOTAL EXPENSES 15 170 185 FUND SOURCES Awarded Grant 0 0 0 Proposed Grant 0 0 0 Fire Impact Fees 0 0 0 Fire Impact Fees Expected 12 136 148 City Oper. Revenue 3 34 37 TOTAL SOURCES 15 170 185 roc CITY OF TUKWILA CAPITAL PROJECT SUMMARY 2009 to 2014 PROJECT: New Engine for Fire Station 54 LINE ITEM: PROJECT NO. 08 -BG04 DESCRIPTION: Purchase fire engine for Station 54 to replace aerial ladder truck, when it is moved to relocated Station 51. Moving the ladder truck to relocated Fire Station 51 puts it where it will serve the need and the taller buildings JUSTIFICATION: located at the Tukwila Urban Center. An engine is needed to replace the ladder truck and will be the response apparatus at Fire Station 54. STATUS: MAINT. IMPACT: COMMENT: This apparatus is listed on the Fire Impact Fee list and the goal is to start by 2014. The new fire engine is needed due to expected growth. Full funding is $750,000 over 12 years. One twelfth funding is shown in 2014, when the projects will start, with the rest of funding shown in "Beyond." FINANCIAL Through Estimated (in $000's) 2007 2008 2009 2010 2011 2012 2013 2014 BEYOND TOTAL EXPENSES Design 0 0 0 Land(R/W) 0 0 0 Const. Mgmt. 0 0 0 Construction 63 688 750 TOTAL EXPENSES 63 688 750 FUND SOURCES Awarded Grant 0 0 0 Proposed Grant 0 0 0 Fire Impact Fees 0 0 0 Fire Impact Fees Expected 50 550 600 City Oper. Revenue 13 138 150 TOTAL SOURCES 63 688 750 XX PROJECT: Relocate Fire Station 52 LINE ITEM: DESCRIPTION: Purchase land and relocate Fire Station 52 after evaluation of need based on relocation of Fire Station 51. JUSTIFICATION: STATUS: MAINT. IMPACT: COMMENT: FINANCIAL Through Estimated (in $000's) EXPENSES Design Land (R/W) Const. Mgmt. Construction TOTAL EXPENSES FUND SOURCES Awarded Grant Proposed Grant Fire Impact Fees Fire Impact Fees Expected City Oper. Revenue TOTAL SOURCES CITY OF TUKWILA CAPITAL PROJECT SUMMARY 2009 to 2014 The Fire Master Plan states that Fire Station 52 may need to be relocated to provide adequate service coverage if Fire Station 51 is relocated. This project is on the Fire Impact Fee List and the goal is to start the project by 2014. Full funding is $3,545,000 over 12 years. One twelfth funding is shown in 2014, when the projects will start, with the rest of funding shown in "Beyond." 2007 2008 2009 2010 2011 2012 Entire System 2013 2014 BEYOND TOTAL xx PROJECT NO. 08 -BG05 0 0 0 45 500 545 0 0 0 250 2,750 3,000 295 3,250 3,545 0 0 0 0 0 0 0 0 0 236 2,600 2,836 59 650 709 295 3,250 3,545 GIS Balance by Year Carryover from 2008 Accumulated Totals ATTACHMENT A CITY OF TUKWIL.A TOTAL REVENUES EXPENDITURES 2009 2014 Analysis in 000's 2009 2010 2011 2012 2013 2014 Totals i REVENUES (seeA -1) General Revenues Sales Tax 19,595 20,182 20,787 21,411 22,053 22,715 126,744 Property Taxes 12,200 12,688 13,005 13,330 13,664 14,005 78,892 Utility Taxes 4,026 4,185 4,352 4,526 4,708 4,896 26,693 Gambling Taxes 2,100 2,100 2,163 2,228 2,295 2,364 13,249 Contract Agreement SCL 1,900 1,900 1,976 2,055 2,137 2,223 12,191 Charges /Fees for Services 4,998 5,277 5,488 5,708 5,936 6,173 33,580 Transfers In Other Funds 2,305 2,397 2,493 2,593 2,696 2,804 15,288 Intergovernmental Revenue 868 887 922 959 998 1,038 5,672 Other Taxes /Miscellaneous 1,596 1,641 1,707 1,775 1,846 1,920 10,484 Subtotal 49,588 51,257 52,894 54,585 56,332 58,137 322,794 Dedicated Revenues (Capital) Real Estate Taxes 1,000 1,000 1,040 1,040 1,080 1,080 6,240 Motor Vehicle Taxes 450 450 455 460 470 475 2,760 Investment Interest/Misc. 565 565 600 600 635 635 3,600 Property Taxes 130 130 130 130 130 130 780 Parking Taxes 140 140 140 140 140 140 840 Transfers from Golf Course 0 0 150 150 175 175 650 Subtotal 2,285 2,285 2,515 2,520 2,630 2,635 14,870 TOTAL REVENUE AVAILABLE 51,873 53,542 55,409 57,105 58,962 60,772 337,664 EXPENDITURES Operations Maintenance: 46,427 47,981 49,900 51,896 53,972 56,131 306,308 (See Attachment B) Debt Service 2,108 2,161 2,383 3,020 3,522 3,510 16,704 Admin /Engineering Overhead 1,125 1,170 1,785 1,856 1,930 2,007 9,873 Subtotal Available 2,213 2,230 1,341 333 (462) (876) 4,780 Capital Attachment C Neighborhood Revitalization Residential Streets 250 400 100 100 100 100 1,050 Parks Trails /ESA 1,809 528 212 132 207 257 3,145 Economic Development Bridges 210 145 145 305 225 370 1,400 Commercial Streets 5,559 8,722 2,171 2,055 4,235 4,785 27,527 General Government General Improvements 1,121 600 600 600 600 600 4,121 Facilities (3,935) 140 0 0 0 0 (3,795) Fire Improvements 0 0 0 0 0 242 242 Subtotal Capital 5,014 10,535 3,228 3,192 5,367 6,354 33,690 (2,801) (8,305) (1,887) (2,859) (5,829) (7,230) (28,910) 32,898 0 0 0 0 0 32,898 30,097 21,792 19,905 17,046 11,217 3,988 VII iirzorzooa Notes: ATTACHMENT B City of Tukwila General Fund Operations Maintenance Expenditures 2009 2014 Analysis in 000's EXPENDITURES 2009 2010 2011 2012 2013 2014 Totals City Council 282 298 310 322 335 349 1,896 Mayor, Boards 2,646 2,678 2,785 2,897 3,012 3,133 17,151 Administrative Services 606 605 629 654 681 708 3,883 Finance 1,787 1,837 1,910 1,987 2,066 2,149 11,737 City Attorney 496 496 516 536 558 580 3,182 Recreation 3,545 3,646 3,792 3,944 4,101 4,265 23,293 Parks 1,019 1,053 1,095 1,139 1,184 1,232 6,722 Community Development 2,964 3,189 3,317 3,449 3,587 3,731 20,237 Municipal Court 1,150 1,189 1,237 1,286 1,337 1,391 7,590 Information Technology 1,109 1,146 1,192 1,240 1,289 1,341 7,316 Police 13,472 14,147 14,713 15,301 15,913 16,550 90,097 Fire 10,338 10,603 11,027 11,468 11,927 12,404 67,767 Public Works 4,073 4,219 4,388 4,563 4,746 4,936 26,924 Street Maintenance 2,639 2,744 2,854 2,968 3,087 3,210 17,501 Dept. 20 Miscellaneous 301 131 136 142 147 153 1,011 TOTAL EXPENDITURES 46,427 47,981 49,900 51,896 53,972 56,131 306,308 A 4% increase is anticipated for the years 2009 -2014 due to the expected increases in healthcare, retirement rates, and general inflationary pressures. Most of the increases will be related to salaries and benefits. Moderate cost -of- living allowances (COLAS) are projected along with the normal annual step increases The Rainy Day contingency and the estimated ending fund balances are not shown here as budgeted amounts because they are, considered reserves to be used in emergencies X 11120/2008 ATTACHMENT C CAPITAL IMPROVEMENT PROGRAM GENERAL GOVERNMENT PROJECT COSTS 2009-2014 ATTACHMENT C CAPITAL IMPROVEMENT PROGRAM GENERAL GOVERNMENT PROJECT COSTS 2009 - 2014 ATTACHMENT C CAPITAL IMPROVEMENT PROGRAM GENERAL GOVERNMENT PROJECT COSTS 2009 - 2014 ATTACHMENT C CAPITAL IMPROVEMENT PROGRAM GENERAL GOVERNMENT PROJECT COSTS 2009 - 2014 DRAFT AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE ANNUAL BUDGET OF THE CITY OF TUKWILA FOR THE 2009 -2010 BIENNIUM; PROVIDING FOR SEVERABILITY; AND ESTABLISHING AN EFJ ECTIVE DATE. WHEREAS, the preliminary budget of the City of Tukwila for the year 2009 -2010 biennium was submitted to the City Council in a timely manner for their review; and WHEREAS, a Public Hearing on the proposed budget was advertised and held on November 17, 2008; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY ORDAINS AS FOLLOWS: Section 1. The City Council hereby adopts the document entitled "City of Tukwila 2009- 2010 Budget," incorporated by this reference as if fully set forth herein, in accordance with RCW 35A.34.120. Section 2. The totals of the estimated revenues and appropriations for each separate fund and the aggregate totals are as follows: FUND 000 General 101 Hotel /Motel Tax 103 City Street 104 Arterial Street 105 Contingency 107 Fire Equipment Cumulative Reserve 207 Limited Tax G.O. Bonds, 1999 208 Limited Tax G.O. Bonds, 2000 209 Limited Tax G.O. Bonds, 2003 210 Limited Tax G.O. Refunding Bonds, 2003 301 Land Acquisition, Recreation Park Develpmt. 302 Facility Replacement 303 General Government Improvements 401 Water 402 Sewer 404 Water /Sewer Revenue Bonds 405 Bond Reserve 411 Foster Golf Course 412 Surface Water 501 Equipment Rental 502 Insurance Fund 503 Insurance LEOFF 1 Fund 611 Firemen's Pension TOTAL ALL FUNDS COMBINED EXPENDITURES $99,497,000 3,597,148 877,000 91,553,000 892,187 767,797 1,886,000 735,000 1,531,000 1,233,000 11,272,000 7,939,000 2,276,000 15,151,301 15,862,365 1,241,435 411,000 5,137,534 11,984,134 10,324,969 13,155,217 2,282,562 1,578,000 $301,184,649 C.\ Documents and Setting \All Users Desktop Kelly \MSDATA Ordinances Budget 2009- 2010.doc KF:ksn 11/13/2008 REVENUES $99,497,000 3,597,148 877,000 93,553,000 892,187 767,797 1,886,000 735,000 1,531,000 1,233,000 11,272,000 7,939,000 2,276,000 15,151,301 15,862,365 1,241,435 411,000 5,137,534 11,984,134 10,324,969 13,155,217 2,282,562 1,578,000 $301,184,649 Page 1 of 2 Section 3. A complete copy of the final budget for 2009 -2010, as adopted, together with a copy of this adopting ordinance, shall be kept on file in the City Clerk's Office, and a copy shall be transmitted by the City Clerk to the Division of Municipal Corporations of the Office of the State Auditor and to the Association of Washington Cities. Section 4. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court of competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. Section 5. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in full force and effect five days after passage and publication as provided by law PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008. ATTEST /AUTHENTICATED: Christy O'Flaherty, CMC, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney Attachment: City of Tukwila 2009 -2010 Budget Jim Haggerton, Mayor Filed with the City Clerk: Passed by the City Council. Published: Effective Date: Ordinance Number C \Documents and Settings \All Users Desktop Kelly \MSDATA Ordinances \Budget 2009- 2010.doc KFdsn 11/14/2005 Page 2 of 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 2009 -2014 FINANCIAL PLANNING MODEL AND THE CAPITAL IMPROVEMENT PROGRAM FOR GENERAL GOVERNMENT AND THE CITY'S ENTERPRISE FUNDS. WHEREAS, when used in conjunction with the annual City budget, the Capital Improvement Program (CII') and the Financial Planning Model for the period 2009 -2014 are resource documents to help plan directions the City will consider for the future; and WHEREAS, the Financial Planning Model and Cll' are not permanent fixed plans, but are rather guidelines or tools to help reflect future goals and future resources at the time annual budgets are being planned; and WHEREAS, the commitment of funds and resources can only be made through the annual budget process; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. The City Council hereby adopts the 2009 -2014 Financial Planning Model and accompanying Capital Improvement Program, incorporated by this reference as if fully set forth herein. Section 2. A copy of the 2009 -2014 Financial Planning Model and accompanying Capital Improvement Program shall be kept on file in the City Clerk's Office and is hereby attached. Section 3. The assumptions, revenues and expenditures will be reviewed and updated annually or as necessary by the City Council. Section 4. The detail of CIP projects will be reflected in the published Financial Planning Model and Capital Improvement Program 2009 -2014. PASSED BY THE CTIY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this day of 2008. ATTEST /AUTHENTICATED: Christy O'Flaherty, CMC, City Clerk APPROVED AS TO FORM BY: Office of the City Attorney DRAFT Attachment: 2009 -2014 Capital Improvement Program Joe Duffle, Council President Filed with the City Clerk: Passed by the City Council: Resolution Number: C \Documents and Settings \All Users Desktop Kelly \MSDATA Resolutions \Financial Planning Model CIP 2004- 2014.doc SH:ksn 11/13/2008 Page 1 of 1 Finance Safety Committee Minutes November 18, 2008 Pane 2 C. A Resolution Regarding Non Represented Emolovee Wages and Benefits for 2009 Staff presented recommendations for non represented wages and benefits for 2009. In a departure from a wage increase based on a percentage of the CPI -W, the Mayor is recommending the following compensation package for the non represented employees for 2009: A flat rate 4.5% increase to the non represented wages, effective January 1, 2009 Updated benefits schedule Implementation of a longevity schedule, effective January 1, 2009 Committee members requested the total cost to the City for both the proposed 4.5% increase and the longevity proposal be provided to full Council. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. D. Final 2008 Budget Amendment Each year the Finance Department assesses the actual financial performance of the City compared to the adopted budget. As part of this annual analysis, staff is proposing an amendment to the 2008 Budget. The amendment calls for the reallocation of unspent appropriations to budgets with potential deficits. Budgets increased are: finance, related to unbudgeted claims and judgments of $299,000; and legal, related to unexpected legal representation, prosecutorial and other expenses of $340,000. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. E. An Ordinance Adopting the 2009 -2010 Budget and a Resolution Adopting the 2009 -2014 Capital Improvement Program Staff indicated the adjustments identified during the Proposed Budget review have been completed and the ordinance in draft form is attached to the Committee Agenda. After discussion, the Committee was in favor of forwarding to the COW for discussion. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. F. Eden System License Proposal Shawn Hunstock indicated that the EDEN Financial Systems application is currently limited to a small number of users throughout the City. Some departments do not have a single user of EDEN, and a few departments have only one or two users. The purchase of a site license for EDEN will give departments the ability to have an unlimited number of users increasing the functionality and usefulness of the program. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. G. Proposed Refunding of 1999 Bond Issue Staff has recently indentified an opportunity to possibly refund the 1999 bond issue and save an estimated $326,048, over the remaining ten years of the bond. The original bond issue was $10,000,000 and approximately $6,260,000 remains outstanding. The potential impact on the proposed 2009 -210 Budget is a savings of $60,557. This amount represents a decrease in sales taxes that would be needed to pay for debt service, and could be used in the General Fund or elsewhere. Committee members asked clarifying questions on bond status, and restrictions associated with the refunding. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. H. S.C.O.R.E. Interlocal Agreement Due to time constraints, this item was removed from the agenda and will return to Committee on December 2. III. MISCELLANEOUS Meeting adjourned at 7:10 p.m. Next meeting: Monday, December 2 5:00 p.m. Conference Room #3 Committee Chair Approval Minutes ty MH. CAS NUMBER 08-155 %Meeting Date Prepared by 1 Mayor's review 1 review 11/24/08 SH /r i 12/01/08 SH I 1 1 AG END 1 THEE Refunding of 1999 Bond Issue. COUNCIL AGENDA SYNOPSIS Initials ITEM INFORMATION 1 ORIGINAL AGENDA DATE: NOVEMBER 24, 2008 I TEMNO. 5 C.1"i'I iC(RY Discussion Motion n Resolution n Ordinance n BzdAward 1 1 Public Hearing n Other AItg Date 11/24/08 Mtg Date 12/01/08 Altg Date illtg Date Altg Date Mtg Date Altg Date Si' )NSOR Council IVlayor Adrn Svcs DCD Finance Fire (J Legal P&R n Police I I PI/ Si ON S( )It's SUNI\IARY The City has an opportunity to save $60,557.48 on debt service during the 2009 -2010 biennium by refunding the 1999 bond issue. The potential savings over the entire ten years remaining on the bond issue is $326,048.68. RI; \'II\X'ED BY COW Mtg. CA &P Cmte F &S Cmte Transportation Cmte Utilities Cmte n Arts Comm. Parks Comm. Planning Comm. DATE: 11/18/08 RECOMMENDATIONS: SPONSOR /ADMIN. Approve refunding plan as submitted COM\.IPITEE Unanimous approval; forward to Committee of the Whole COST IMPACT FUND SOURCE Fund Source: Comments: 1 MTG. DATE 1 11/24/08 EXPI ?NDITURIs REQUIRED MTG. DATE 1 ATTACHMENTS 11/24/08 Informational memorandum dated 11/19/08 Minutes from the Finance and Safety Committee meeting of 11/18/08 12/01/08 AMOUNT BUDGETED RECORD OF COUNCIL ACTION APPROPRIATION REQUIRED City of Tukwila Jim Haggerton, Mayor Finance Department Shawn Hunstock, Director Mayor Haggerton Committee of the Whole From: Shawn Hunstock, Finance Director Date: November 19, 2008 Subject: Proposed Refunding of 1999 Bond Issue To: As mentioned at the Finance and Safety Committee meeting on November 18, 2008, an opportunity recently came about to refund the 1999 bond issue. Of the original $10,000,000 issue, $6,260,000 remains outstanding. The bond issue was used for parking lot improvements and purchase of the 6300 building as well as the purchase of property at Tukwila Village. The potential savings for 2009 -2010 is $60,557.48, and for the entire ten years remaining on the bonds, the possible savings is $326,048.68. As this is a recently emerging opportunity, and one which needs to be acted upon before year -end to participate in the cost savings, I do not yet have bond documents or ordinances /resolutions for Council review. I am hoping to have drafts available by the end of this week, and if so I will make sure each Council member receives a copy to review prior to the November 24 Committee of the Whole meeting. cc: Rhonda Berry, City Administrator Attachments Date SAVINGS City of Tukwila, Washington Proposed Refunding of 1999 LTGO Bonds Insured /BQ Scale Prior Refunding Debt Service Debt Service Savings Present Value Annual to 12/01/2008 Savings 3.8058471% 06/01/2009 172,458.75 131,444.38 41,014.37 40,248.47 12/01/2009 172,458.75 181,444.38 8,985.63 32,028 74 8,653.I7 06/01/2010 172,458.75 130,694.38 41,764.37 39,468.08 12/01/2010 662,458.75 675,694.38 13,235.63 28,528.74 12,274.34 06/01/2011 159,718.75 121,156.88 38,561 87 35,093.35 12/01/2011 674,718.75 686,156.88 -11,438 13 27,123.74 10,214 92 06/01/2012 146,200.00 111,269.38 34,930.62 30,612.57 12/01/2012 686,200.00 691.269.38 5,069.38 29,861.24 4,359 75 06/01/2013 131,890.00 101,1 19.38 30,770.62 25,969 07 12/01/2013 701,890.00 701,119.38 770.62 31.54124 638.23 06/01/2014 116.571.25 89,1 19.38 27,451 87 22,310 99 12/01/2014 716,571.25 714,119.38 2,451.87 29.903.74 1.955.50 06/01/2015 100,221.25 76,619.38 23,601.87 18,472.26 12/01/2015 735,221.25 731.619.38 3.601 87 27,203.74 2,766 40 06/01/2016 82,600 00 63,1 10.00 19,490.00 14,689.67 12/01/2016 752,600.00 743,1 10.00 9,490.00 28,980.00 7,019 08 06/01/2017 63,840.00 48,660 00 15,180.00 11,017 90 12/01/2017 768,840.00 753,660 00 15,180.00 30,360 00 10,812.15 06/01/2018 43,747.50 33,678.75 10,068.75 7,037 68 12/01/2018 788,747.50 768,678.75 20,068 75 30, 137.50 13,765.36 06/01/2019 22,515.00 17,325.00 5,190.00 3,493.40 12/01/2019 812,515.00 787,325.00 25,190.00 30,380.00 16,638.80 8,684,442.50 8,358,393.82 326,048.68 326,048 68 266.506.77 Savings Summary PV of savings from cash flow Plus: Refunding funds on hand Net PV Savings 266,506 77 4,419.37 270, 926.14 Nov 14, 2008 3:51 pm Prepared by Seattle Northwest Securities Corp JMW k:\. \Tukwila.TUKWILA- R99LT,R99LT) Page 2 Finance Safety Committee Minutes November 18. 2008 Page 2 C. A Resolution Regarding Non Represented Employee Wages and Benefits for 2009 Staff presented recommendations for non represented wages and benefits for 2009. In a departure from a wage increase based on a percentage of the CPI -W, the Mayor is recommending the following compensation package for the non- represented employees for 2009: A flat rate 4.5% increase to the non represented wages, effective January 1, 2009 Updated benefits schedule Implementation of a longevity schedule, effective January 1, 2009 Committee members requested the total cost to the City for both the proposed 4.5% increase and the longevity proposal be provided to full Council. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. D. Final 2008 Budget Amendment Each year the Finance Department assesses the actual financial performance of the City compared to the adopted budget. As part of this annual analysis, staff is proposing an amendment to the 2008 Budget. The amendment calls for the reallocation of unspent appropriations to budgets with potential deficits. Budgets increased are: finance, related to unbudgeted claims and judgments of $299,000; and legal, related to unexpected legal representation, prosecutorial and other expenses of $340,000. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. E. An Ordinance Adopting the 2009 -2010 Budget and a Resolution Adopting the 2009 -2014 Capital Improvement Program Staff indicated the adjustments identified during the Proposed Budget review have been completed and the ordinance in draft form is attached to the Committee Agenda. After discussion, the Committee was in favor of forwarding to the COW for discussion. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. F. Eden Svstem License Proposal Shawn Hunstock indicated that the EDEN Financial Systems application is currently limited to a small number of users throughout the City. Some depai fttients do not have a single user of EDEN, and a few departments have only one or two users. The purchase of a site license for EDEN will give departments the ability to have an unlimited number of users increasing the functionality and usefulness of the program. UNANIMOUS APPROVAL. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. G. Proposed Refunding of 1999 Bond Issue Staff has recently indentified an opportunity to possibly refund the 1999 bond issue and save an estimated $326,048, over the remaining ten years of the bond. The original bond issue was $10,000,000 4 and approximately $6,260,000 remains outstanding. The potential impact on the proposed 2009 -210 Budget is a savings of $60,557. This amount represents a decrease in sales taxes that would be needed to pay for debt service, and could be used in the General Fund or elsewhere. Committee members asked clarifying questions on bond status, and restrictions associated with the refunding. UNANIMOUS APPROVAL,. FORWARD TO NOVEMBER 24 COW FOR DISCUSSION. H. S.C.O.R.E. Interlocal Agreement Due to time constraints, this item was removed from the agenda and will return to Committee on December 2. III. MISCELLANEOUS Meeting adjourned at 7:10 p.m. Next meeting: Monday, December 2 5:00 p.m. Conference Room #3 h14Y Committee Chair Approval Minute y MH. ITEM INFORMATION CAS NUMBER 08-156 ORIGINAL AGENDA DATE: 11/24/08 AGENDA ITEMTITLE Council Goals for 2009 -10 Budget and CIP. CATEGORY Discussion Motion Resolution Ottlinanx BidAmid PubicHam,u, Other MtgDate 11/24/08 MtgDatel a —J -0'3 MtgDate MtgDate MtgDate MtgDate MtgDate SPONSOR C ounfii Ma or AdmSus DCD Finarxe Fire Legal P& R U Police PW SPONSOR'S SUMMARY Opportunity for Councilmembers to discuss possible goals for the 2009 -10 budget and calendar year. REVIEWED BY Cbw Mtg. CA&P Conte Utilities Cmte Arts Comm. DATE: RE COMMENDATIONS: SPONSOR/ADMEN. Council President COMMITTEE Fund Source: Comments: 1 MTG. DATE MTG. DATE 11/24/08 COUNCIL AGENDA SYNOPSIS MietingDate Prepay 1 Mayor's reziew 1 C rez ezv 11/24/08 KAM vU1 .AA IA- I 'J 1 F&S Cmte Parks Comm COST IMPACT FUND SOURCE EXPENDITURE REQUIRED AMOUNT BUDGETED RECORD OF COUNCIL ACTION ATTACHMENTS Informational Draft Goals dated 11/04/08. Initials ITEM NO. (_f Transportation Cmte Planning Comm. APPROPRIATION REQUIRED Working DRAFT City Council Goats Please turn in ANY goal additions to Kimberly no later than FRIDAY. NOVEMBER 14. Draft Goals will be discussed at the November 24 COW and passed at the December 1 Regular meeting. Only a few Councilmembers submitted ideas and input for this first round of possible goals to incorporate into the Mayor's 2009 -10 Proposed Budget. Please submit your suggestions as soon as possible. As we work through this process, it is important to remember that the Council goals should be: An objective or desired outcome that is achievable by the Council. We must have the attributes, energy and time to accomplish a goal (short and long term). The actions we take as we try to accomplish our goals play a huge role in whether we reach our goals or not. Goals should be clearly defined, as well as flexible. Consider how the goal can be attained through specific actions and examples. Last Year's Goals (2008) 1. Seek out opportunities for Councilmembers to further their knowledge, experience and awareness of the different cultures represented within the Tukwila community. 2. Support programs and services that provide a sense of stability, community and unity throughout Tukwila's residential neighborhoods. 3. Work together in cooperation with nearby cities to address common problems in the Highway 99 corridor and Military Road. 4. Provide legislative support and encouragement to Tukwila residents living in rental communities through programs that hold owners and /or property managers accountable for providing safe places to live through the implementation of a rental licensing program. 5. Approve a developer's agreement that benefits the City and facilitates the annexation of Tukwila South. 6. Support efforts to locate a permanent Neighborhood Resource Center in a visible location on the Tukwila Village site. 7. Implement a system for tracking progress and resolution of citizen complaints and concerns that are brought to Council's attention. 8. Identify specific technology needs of the Council and determine the best way to meet those needs; including but not limited to offsite network connections that support consistent and reliable communication. 2009 -10 Goal Suaaestions: Carry over all 2008 Goals to 2009 -10 and adjust the goal regarding technology. Carry over just Number 1 and Number 2 of the 2008 Goals (listed above). Carry over 2008 Goals Numbers 5 and 6 regarding Tukwila South and Tukwila Village. Draft and completion of Council Standard Operating Procedures. Review and update procedures on a regular basis. Support implementation of City endorsed programs, such as the Walk Roll Plan, through policy related decisions not associated with direct program funding. Ensure a commitment to continue increasing human services funding in relation to the cost of living. 2009 -10 Working DRAFT Council Goals November 4, 2008 2 Upcoming Meetings Events NOVEMBER DECEMBER 2008 24th (Monday) 25th (Tuesday) 26th (Wednesday) 27th (Thursday) 28th (Friday) 29th (Saturday) Community Transportation COPCAB, Highway 99 Affairs Parks Cmte, 6:30 PM Thanksgiving Day Trash Pickup Cmte, 5:00 PM (CR 45) g g y 5: 00 PM (CR #1) City offices closed City offices closed Day 9:00 10:00 AM (CR #3) For location call Donna at City Council C Court 206 -242 -5556 Executive ri Session, t 6 :30 PM City Council Committee of the Whole Mtg., 7:00 PM (Council Chambers) 1st (Monday) 2nd (Tuesday) 3rd (Wednesday) 4th (Thursday) 5th (Friday) 6th (Saturday) Utilities Cmte, Chamber of Sister City Equity Diversity Human Services 5:00 PM Commerce Cmte, Commission, Providers, Breakfast (CR 41) Gov't. 5:30 PM 5 :15 PM 11:30 AM with Santa Community (CR #3 ((CR 43 Communi ty 9:00 to 1 1:00 11i Affairs Cmte., Center) Civil Service Tukwila 12 :00 NOON Commission, (Chamber Community 5:00 PM Office) Center (CR #3) Court !r0 City Council Arts Regular Mtg., Commission, Holiday Tr ee Pancake 7:00 PM 5:00 PM Lighting breakfast and (Council (Community Celebration holiday Chambers) Center entertainment. 6:30 to 8:00 PM Tukwila Community Children can sit Center on Santa's lap Finance r (professional Safety Cmte, Tr as photo available 5:00 PM x for an (CR #3) =5yi additional fee). Cost of Enjoy live holiday breakfast: music, refreshments, 55.00 at the lights and the arrival of door (seating is Santa Claus! Children limited). can sit on Santa's lap and have their photo taken (fee for photo). Guests are encouraged to bring a can offood to benefit the Tukwila Food Pantry. For more information call 206 768 -2822. 3' City Council Committee of Whole (C.O.W.) Meeting: 2nd 4th Mon., 7:00 PM, Council Chambers at City Hall. City Council Regular Meeting: 1st 3rd Mon., 7:00 PM, Council Chambers at City Hall. Community Affairs Parks Committee: 2nd 4th Mon., 5:00 PM, Conf. Room #3. Agenda items for 11/24/08 meeting: (A) Impact fee ordinances for Fire and Parks. (B) Contract extension for Commercial Development Solutions COPCAB (Community Oriented Policing Citizens Adv. Board): 4th Wed., 6:30 PM, Conf Rm #5. Phi Huynh (206 -433- 7175). Finance Safety Committee: 1st 3rd Tues., 5:00 PM, Conf. Room #3. Highway 99 Action Committee: 2nd Tues., 7:00 PM, Tukwila Community Center. Contact ChiefDave Haynes at 206 -933 -1812. Human Services Providers: Quarterly, 11:30 AM, TCC (2008 3/21, 6/20, 9/19, and 12/5). Contact Stacy Hansen at 206 -433 -7181. Transportation Committee: 2nd 4th Tues., 5:00 PM, Conf. Room 41. Agenda items for 11/25/08 meeting: (A) Tukwila Intl. Blvd. Phase II HI bid award. (B) Tukwila Urban Center Access Project (Klickitat) Supplemental Agreement 42. (C) Turnover of street improvements by Charter Homes. (D) Walk and Roll Plan ordinance. Utilities Committee: 1st 3rd Mon., 5:00 PM, Conf. Room 41. Court Busy Court and/or Jury Calendar (noted to alert employees and citizens of potential parking difficulty). Tentative Agenda Schedule MONTH MEETING 1- MEETING 2 MEETING 3 MEETING 4 REGULAR C.O.W. REGULAR C.O.W. November 3 10 17 24 11th Veterans Day (City offices closed) See agenda packet cover sheet for this 27th Thanksgiving Day week's agenda offices closed) (November 2008 (Cifi e o the j i ff Committee of the 28 Day after Whole Meeting) Thanksgiving (City offices closed) December 1 8 15 22 25th Special Presentation: Special Presentation: Special Presentation Christmas Day Introduction of new M.A.DD. award for Recycler of the (City offices closed) employee Officer Matt Ludwig Year Unfinished Business: Certificates of 29th of the Sound Transit street appreciation to Fifth Monday vacation ordinance Russell Bradley month —no Council and Henry Marvin meeting scheduled Increase fees for Building and Planning Interlocal agreement to provide tourism and marketing services to the City of Des Moines Resolution re non- represented employees' wage schedule Eden System licensing proposal Refunding bond issued 1999 Final 2008 budget amendment Ordinance adopting the 2009 -2010 budget Resolution adopting the 2009 -2014 Capital Improvement Program Ordinance to amend the Capital Facilities Element of the Comp Plan to add "Fire" to the list of uses funded, to reference the Fire and Parks Master Plans, and to add level of- service goals for Fire and Parks services Ordinance adopting 2008 Fire Master Plan with inclusion of Mayor's response specifying phased implementation; establishing level -of- service goals Impact fees 14: Ica 7' ry l� Z of Tukwila Z G Jim Haggerton, Mayor Q~` f\ add 2 Finance Department Shawn Hunstock, Director N 1908 To: Mayor Haggerton Committee of the Whole From: Shawn Hunstock, Finance Director Date: November 20, 2008 Subject: Bond Refunding Documents Attached you will find a Preliminary Offering Statement and draft ordinance prepared by the bond counsel, Foster Pepper, for refunding of the 1999 series bonds. Unfortunately, these items were not available when the agenda was prepared for Committee of the Whole on November 24 The ordinance will be in final form for consideration by Council at the December 1 meeting. The bonds will be priced on December 1st at market rates in effect on that date. At that time a final determination will be made regarding the cost savings to the city for future debt service payments. This information will be presented at the City Council meeting that night prior to taking action on the bond refunding. cc: Rhonda Berry, City Administrator Attachments Draft Ordinance Preliminary Offering Statement DRAFT DATED 11/21/08 CITY OF TUKWILA, WASHINGTON ORDINANCE NO. AN ORDINANCE of the City of Tukwila, Washington, relating to contracting indebtedness; providing for the issuance of $[6,510,000] par value of Limited Tax General Obligation Refunding Bonds, 2008, of the City for general City purposes to provide funds with which to pay the cost of advance refunding a portion of the City's outstanding Limited Tax General Obligation Bonds, 1999, and paying the administrative costs of such refunding and the costs of issuance and sale of such bonds; fixing the date, foam, maturities, interest rates, terms and covenants of the bonds; establishing a bond fund; providing for and authorizing the purchase of certain obligations out of the proceeds of the sale of the bonds herein authorized and for the use and application of the money derived from those investments; authorizing the execution of an agreement with U.S. Bank National Association of Seattle, Washington, as refunding trustee; providing for the call, payment and redemption of the outstanding bonds to be refunded; providing for the purchase of bond insurance; and approving the sale and providing for the delivery of the bonds to Seattle Northwest Securities Corporation of Seattle, Washington. Adopted on December 1, 2008 This document prepared by: Foster Pepper PLLC 1111 Third Avenue, Suite 3400 Seattle, Washington 98101 (206) 447 -4400 50952195 1 TABLE OF CONTENTS Section 1. Definitions. 2 Section 2. Debt Capacity 3 Section 3. Authorization of Bonds 3 Section 4. Description of Bonds. 4 Section 5. Registration and Transfer of Bonds. 4 Section 6. Payment of Bonds. 5 Section 7. Redemption Provisions and Open Market Purchase of Bonds 5 Section 8. Failure to Redeem Bonds 5 Section 9. Pledge of Taxes. 5 Section 10. Form and Execution of Bonds 6 Section 11. Bond Registrar 6 Section 12. Preservation of Tax Exemption for Interest on Bonds 7 Section 13. Designation of Bonds as "Qualified Tax- Exempt Obligations." 7 Section 14. Refunding or Defeasance of the Bonds 7 Section 15. Bond Fund 8 Section 16. Refunding of Refunded Bonds 8 Section 17. Call for Redemption of the Refunded Bonds 10 Section 18. City Findings with Respect to Refunding 10 Section 19. Approval of Bond Purchase Contract. 10 Section 20. Preliminary Official Statement Deemed Final 10 Section 21. Undertaking to Provide Continuing Disclosure. 11 Section 22. Bond Insurance 13 Section 23. Severability. 13 Section 24. Effective Date. 14 ii 50952195-1 CITY OF TUKWILA, WASHINGTON ORDINANCE NO. AN ORDINANCE of the City of Tukwila, Washington, relating to contracting indebtedness; providing for the issuance of $[6,510,000] par value of Limited Tax General Obligation Refunding Bonds, 2008. of the City for general City purposes to provide funds with which to pay the cost of advance refunding a portion of the City's outstanding Limited Tax General Obligation Bonds, 1999, and paying the administrative costs of such refunding and the costs of issuance and sale of such bonds; fixing the date, form, maturities, interest rates, terms and covenants of the bonds; establishing a bond fund; providing for and authorizing the purchase of certain obligations out of the proceeds of the sale of the bonds herein authorized and for the use and application of the money derived from those investments; authorizing the execution of an agreement with U.S. Bank National Association of Seattle, Washington, as refunding trustee; providing for the call, payment and redemption of the outstanding bonds to be refunded; providing for the purchase of bond insurance; and approving the sale and providing for the delivery of the bonds to Seattle Northwest Securities Corporation of Seattle, Washington. WHEREAS, pursuant to Ordinance No. 1884 (the "Refunded Bond Ordinance the City of Tukwila, Washington (the "City issued and sold its $10,000,000 par value Limited Tax General Obligation Bonds, 1999 (the "1999 Bonds for the purpose of providing funds with which to pay and redeem the City's outstanding Limited Tax General Obligation Bond Anticipation Note. 1998 (City Hall), and to pay a part of the cost of acquiring property for and constructing a City office and resource facility, parking area and other developments in connection with the Tukwila Village Program, and by that ordinance reserved the right to redeem the 1999 Bonds maturing on or after December 1, 2010, prior to their maturity at any time on or after December 1, 2009, at a price of par plus accrued interest to the date fixed for redemption; and WHEREAS, there are presently outstanding $6,260,000 par value of 1999 Bonds maturing on December 1 of each of the years 2010 through 2016 (inclusive), and 2019. and bearing various interest rates from 5.20% to 5.70% (the "Refunded Bonds and WHEREAS, after due consideration, it appears to the City Council that the Refunded Bonds may be refunded by the issuance and sale of the limited tax general obligation refunding bonds authorized herein (the "Bonds so that a substantial savings will be effected by the difference between the principal and interest cost over the life of the Bonds and the principal and interest cost over the life of the Refunded Bonds but for such refunding, which refunding will be effected by carrying out the Refunding Plan, as defined below; and 1 ;09 1 WHEREAS, to effect that refunding in the manner that will be most advantageous to the City, it is found necessary and advisable that certain Acquired Obligations (defined below) bearing interest and maturing at such time or times as necessary to accomplish the refunding as aforesaid be purchased out of a portion of the proceeds of the Bonds; and WHEREAS, the City Council deems it to be in the best interests of the City to issue and sell the Bonds to pay part of the cost of advance refunding the Refunded Bonds and to pay the administrative costs of such refunding and the costs of issuance and sale of the Bonds; and WHEREAS, Seattle Northwest Securities Corporation has offered to purchase the Bonds authorized herein under the terrus and conditions set forth in this ordinance in the form of a bond purchase contract; and r i t [WHEREAS, has made a commitment to issue an insurance policy (the "Financial Guaranty Insurance Policy insuring the payment when due of the principal of and interest on the Bonds as provided therein. and the City Council deems that the purchase of the Financial Guaranty Insurance Policy is in the best interest of the City;] NOW, THEREFORE, the City Council of the City of the City of Tukwila, Washington, do ordain as follows: Section 1. Definitions. As used in this ordinance, the following words shall have the following meanings: "Acquired Obligations" means those United States Treasury Certificates of Indebtedness.. Notes, and Bonds -State and Local Government Series and other direct, noncallable obligations of the United States of America purchased to accomplish the refunding of the Refunded Bonds as authorized by this ordinance. "Bond Fund" means the Limited Tax General Obligation Refunding Bond Fund, 2008, created by this ordinance for the payment of the Bonds. ["Bond Insurer" means "Bond Register" means the books or records maintained by the Bond Registrar containing the name and mailing address of the owner of each Bond and the principal amount and number of Bonds held by each owner. "Bond Registrar" means the Fiscal Agent. "Bonds" means the $[6,510,000] par value Limited Tax General Obligation Refunding Bonds, 2008, of the City issued pursuant to and for the purposes provided in this ordinance. "City" means the City of Tukwila, Washington, a municipal corporation duly organized and existing under and by virtue of the laws of the state of Washington. "Code" means the United States Internal Revenue Code of 1986, as amended, and applicable rules and regulations promulgated thereunder. "DTC" means The Depository Trust Company, New York, New York. 2 ?0952195 1 "Financial Guaranty Insurance Policy" means the financial guaranty insurance policy issued by Ambac Assurance insuring the pay7ment when due of the principal of and interest on the Bonds as provided therein. "Fiscal Agent" means the fiscal agent of the State of Washington, as the same may be designated by the State from time to time. "Letter of Representations" means the Blanket Issuer Letter of Representations dated October 18, 1999, between the City and DTC, as it may be amended from time to time. "Refunded Bonds" means all of the outstanding Limited Tax General Obligation Bonds, 1999, of the City maturing in the years 2010 through 2016, inclusive, and in 2019, issued pursuant to Ordinance No. 1884, the refunding of which has been provided for by this ordinance. "Refunding Plan" means: (i) the deposit of a sufficient amount of the proceeds of the Bonds with the Refunding Trustee for the purchase of the Acquired Obligations; (ii) the payment of the interest on the Refunded Bonds when due up to and including December 1, 2009, and the call, payment, and redemption on December 1, 2009, of all of the outstanding Refunded Bonds at a price of par; and (iii) the payment of the costs of issuing the Bonds and the costs of carrying out the foregoing elements of the Refunding Plan. "Refunding Trust Agreement" means a Refunding Trust Agreement between the City and the Refunding Trustee substantially in the form of that which is on file with the City Clerk and by this reference incorporated herein. "Refunding Trustee" means U.S. Bank National Association of Seattle, Washington, serving as trustee or escrow agent or any successor trustee or escrow agent. Section 2. Debt Capacity. The assessed valuation of the taxable property within the City as ascertained by the last preceding assessment for City purposes for the calendar year 2008 is $4,437,340,786, and the City has outstanding generat_indebtedness evidenced by limited tax general obligation bonds in the principal amount of K20,843,000] incurred within the limit of up to 1' /2% of the value of the taxable property within'the City pe'niitted for general municipal purposes without a vote of the qualified voters therein, no outstanding unlimited tax general obligation bonds issued pursuant to a vote of the qualified voters of the City, and the amount of indebtedness for which bonds are authorized herein to be issued is $[6,510,000]. Section 3. Authorization of Bonds. The City shall borrow money on the credit of the City and issue negotiable limited tax general obligation bonds evidencing that indebtedness in the amount of $[6,510,000] for general City purposes to provide the funds to advance refund the Refunded Bonds by carrying out the Refunding Plan. The general indebtedness to be incurred shall be within the limit of up to 1 V2% of the value of the taxable property within the City permitted for general municipal purposes without a vote of the qualified voters therein. 3 509521951 Section 4. Description of Bonds. The Bonds shall be called Limited Tax General Obligation Refunding Bonds, 2008. The Bonds shall be dated the date of their initial delivery; shall be in the denomination of $5,000 or any integral multiple thereof within a single maturity; shall be numbered separately in the manner and with any additional designation as the Bond Registrar deems necessary for purposes of identification; shall bear interest (computed on the basis of a 360 -day year of twelve 30 -day months) payable semiannually on each June 1 and December 1, commencing June 1, 2009 to the maturity or earlier redemption of the Bonds; and shall mature on December 1 in years and amounts and bear interest at the rates per annum as follows: Maturity Interest Maturity Interest Years Amounts Rates Years Amounts Rates 2009 2015 2010 2016 2011 2017 2012 2018 2013 2019 2014 Section 5. Registration and Transfer of Bonds. The Bonds shall be issued only in registered faun as to both principal and interest and shall be recorded on books or records maintained by the Bond Registrar (the "Bond Register"). The Bond Register shall contain the name and mailing address of the owner of each Bond and the principal amount and number of each of the Bonds held by each owner. Bonds surrendered to the Bond Registrar may be exchanged for Bonds in any authorized denomination of an equal aggregate principal amount and of the same interest rate and maturity. Bonds may be transferred only if endorsed in the manner provided thereon and surrendered to the Bond Registrar. Any exchange or transfer shall be without cost to the owner or transferee. The Bond Registrar shall not be obligated to exchange or transfer any Bond during the 15 days preceding any principal payment or redemption date. The Bonds initially shall be registered in the name of Cede Co., as the nominee of DTC. The Bonds so registered shall be held in fully immobilized form by DTC as depository in accordance with the provisions of the Letter of Representations. Neither the City nor the Bond Registrar shall have any responsibility or obligation to DTC participants or the persons for whom they act as nominees with respect to the Bonds regarding accuracy of any records maintained by DTC or DTC participants of any amount in respect of principal of or interest on the Bonds, or any notice which is permitted or required to be given to registered owners hereunder (except such notice as is required to be given by the Bond Registrar to DTC). For as long as any Bonds are held in fully immobilized form, DTC, its nominee or its successor depository shall be deemed to be the registered owner for all purposes hereunder and all references to registered owners, bondowners, bondholders or the like shall mean DTC or its nominee and shall not mean the owners of any beneficial interests in the Bonds. Registered ownership of such Bonds, or any portions thereof, may not thereafter be transferred except: (i) to any successor of DTC or its nominee, if that successor shall be qualified under any applicable 4 laws to provide the services proposed to be provided by it; (ii) to any substitute depository appointed by the City or such substitute depository's successor; or (iii) to any person if the Bonds are no longer held in immobilized form. Upon the resignation of DTC or its successor (or any substitute depository or its successor) from its functions as depository, or a determination by the City that it no longer wishes to continue the system of book entry transfers through DTC or its successor (or any substitute depository or its successor), the City may appoint a substitute depository. Any such substitute depository shall be qualified under any applicable laws to provide the services proposed to be provided by it. If (i) DTC or its successor (or substitute depository or its successor) resigns from its functions as depository, and no substitute depository can be obtained, or (ii) the City determines that the Bonds are to be in certificated form, the ownership of Bonds may be transferred to any person as provided herein and the Bonds no longer shall be held in fully immobilized form. Section 6. Payment of Bonds. Both principal of and interest on the Bonds shall be payable in lawful money of the United States of America. Interest on the Bonds shall be paid by checks or drafts of the Bond Registrar mailed on the interest parment date to the registered owners at the addresses appearing on the Bond Register on the 15` day of the month preceding the interest payment date or, if requested in writing by a registered owner of $1,000,000 or more in principal amount of Bonds prior to the applicable record date, by wire transfer on the interest payment date. Principal of the Bonds shall be payable upon presentation and surrender of the Bonds by the registered owners to the Bond Registrar. Notwithstanding the foregoing, for as long as the Bonds are registered in the name of DTC or its nominee, payment of principal of and interest on the Bonds shall be made in the manner set forth in the Letter of Representations. Section 7. Redemption Provisions and Open Market Purchase of Bonds. The Bonds shall be issued without the right or option of the City to redeem the Bonds prior to their stated maturity dates. The City reserves the right and option to purchase any or all of the Bonds in the open market at any time at any price plus accrued interest to the date of purchase. All Bonds purchased under this section shall be cancelled. Section 8. Failure to Redeem Bonds. If any Bond is not redeemed when properly presented at its maturity, the City shall be obligated to pay interest on that Bond at the same rate provided in the Bond from and after its maturity until that Bond, both principal and interest, is paid in full or until sufficient money for its payment in full is on deposit in the Bond Fund and the Bond has been called for payment by giving notice of that call to the Registered Owner of each of those unpaid Bonds. Section 9. Pledge of Taxes. For as long as any of the Bonds are outstanding. the City irrevocably pledges to include in its budget and levy taxes annually within the constitutional and statutory tax limitations provided by law without a vote of the electors of the City on all of the taxable property within the City in an amount sufficient, together with other money legally available and to be used therefor, to pay when due the principal of and interest on the Bonds, and the full faith, credit and resources of the City are pledged irrevocably for the annual levy and collection of those taxes and the prompt payment of that principal and interest. 5 50952195 1 Section 10. Form and Execution of Bonds. The Bonds shall be printed on good bond paper in a form consistent with the provisions of this ordinance and state law and shall be signed by the Mayor and City Clerk, either or both of whose signatures may be manual or in facsimile, and the seal of the City or a facsimile reproduction thereof shall be impressed or printed thereon. Only Bonds bearing a Certificate of Authentication in the following forin, manually signed by the Bond Registrar, shall be valid or obligatory for any purpose or entitled to the benefits of this ordinance: CERTIFICATE OF AUTHENTICATION This Bond is one of the fully registered City of Tukwila, Washington, Limited Tax General Obligation Refunding Bonds, 2008, described in the Bond Ordinance. WASHINGTON STATE FISCAL AGENT Bond Registrar By Authorized Signer The authorized signing of a Certificate of Authentication shall be conclusive evidence that the Bonds so authenticated have been duly executed. authenticated and delivered and are entitled to the benefits of this ordinance. If any officer whose facsimile signature appears on the Bonds ceases to be an officer of the City authorized to sign bonds before the Bonds bearing his or her facsimile signature are authenticated or delivered by the Bond Registrar or issued by the City, those Bonds nevertheless may be authenticated, issued and delivered and, when authenticated, issued and delivered, shall be as binding on the City as though that person had continued to be an officer of the City authorized to sign bonds. Any Bond also may be signed on behalf of the City by any person who, on the actual date of signing of the Bond, is an officer of the City authorized to sign bonds, although he or she did not hold the required office on the date of issuance of the Bonds. Section 11. Bond Registrar. The Bond Registrar shall keep, or cause to be kept, at its principal corporate trust office, sufficient books for the registration and transfer of the Bonds, which shall be open to inspection by the City at all times. The Bond Registrar is authorized, on behalf of the City, to authenticate and deliver Bonds transferred or exchanged in accordance with the provisions of the Bonds and this ordinance, to serve as the City's paying agent for the Bonds and to carry out all of the Bond Registrar's powers and duties under this ordinance and City Ordinance No. 1338 establishing a system of registration for the City's bonds and obligations. The Bond Registrar shall be responsible for its representations contained in the Bond Registrar's Certificate of Authentication on the Bonds. The Bond Registrar may become the owner of Bonds with the same rights it would have if it were not the Bond Registrar and. to the extent permitted by law, may act as depository for and permit any of its officers or directors to act as members of, or in any other capacity with respect to, any committee formed to protect the rights of Bond owners. 6 50953195 I Section 12. Preservation of Tax Exemption for Interest on Bonds. The City covenants that it will take all actions necessary to prevent interest on the Bonds from being included in gross income for federal income tax purposes, and it will neither take any action nor make or permit any use of proceeds of the Bonds or other funds of the City treated as proceeds of the Bonds at any time during the term of the Bonds which will cause interest on the Bonds to be included in gross income for federal income tax purposes. The City also covenants that it will, to the extent the arbitrage rebate requirement of Section 148 of the Code is applicable to the Bonds, take all actions necessary to comply (or to be treated as having complied) with that requirement in connection with the Bonds, including the calculation and payment of any penalties that the City has elected to pay as an alternative to calculating rebatable arbitrage, and the payment of any other penalties if required under Section 148 of the Code to prevent interest on the Bonds from being included in gross income for federal income tax purposes. Section 13. Designation of Bonds as "Qualified Tax Exempt Obligations." The City has determined and certifies that (a) the Bonds are not "private activity bonds" within the meaning of Section 141 of the Code; (b) the reasonably anticipated amount of tax exempt obligations (other than private activity bonds and other obligations not required to be included in such calculation) which the City and any entity subordinate to the City (including any entity that the City controls, that derives its authority. to issue tax- exempt obligations from the City. or that issues tax exempt obligations on behalf of the City) will issue during the calendar year in which the Bonds are issued will not exceed $10,000,000; and (c) the amount of tax exempt obligations, including the Bonds, designated by the City as "qualified tax exempt obligations" for the purposes of Section 265(b)(3) of the Code during the calendar year in which the Bonds are issued does not exceed $10,000,000. The City designates the Bonds as "qualified tax exempt obligations" for the purposes of Section 265(b)(3) of the Code. Section 14. Refunding or Defeasance of the Bonds. The City may issue refunding bonds pursuant to the laws of the State of Washington or use money available from any other lawful source to pay when due the principal of and interest on the Bonds, or any portion thereof included in a refunding or defeasance plan, and to redeem and retire, refund or defease all such then outstanding Bonds (hereinafter collectively called the "defeased Bonds and to pay the costs of the refunding or defeasance. If money and/or direct obligations of the United States of America maturing at a time or times and bearing interest in amounts (together with money, if necessary) sufficient to redeem and retire, refund or defease the defeased Bonds in accordance with their terms are set aside in a special trust fund or escrow account irrevocably pledged to that redemption, retirement or defeasance of defeased Bonds (hereinafter called the "trust account then all right and interest of the owners of the defeased Bonds in the covenants of this ordinance and in the funds and accounts obligated to the payment of the defeased Bonds shall cease and become void. The owners of defeased Bonds shall have the right to receive payment of the principal of and interest on the defeased Bonds from the trust account. The City shall include in the refunding or defeasance plan such provisions as the City deems necessary for the random selection of any defeased Bonds that constitute less than all of a particular maturity of the Bonds, for notice of the defeasance to be given to the owners of the defeased Bonds and to such other persons as the City shall determine, and for any required replacement of Bond certificates for defeased Bonds. The defeased Bonds shall be deemed no longer outstanding, and the City may apply any money in any other fund or account established for the payment or redemption of the defeased Bonds to any lawful purposes as it shall determine. 7 Sov >,�es i If the Bonds are registered in the name of DTC or its nominee, notice of any defeasance of Bonds shall be given to DTC in the manner prescribed in the Letter of Representations for notices of redemption of Bonds. Notwithstanding anything in this section to the contrary, if the principal of and/or interest due on the Bonds is paid by the Bond Insurer pursuant to the Financial Guaranty Insurance Policy, the Bonds shall remain outstanding for all purposes, not be defeased or otherwise satisfied and not be considered paid by the City, and all covenants, agreements and other obligations of the City to the registered owners of the Bonds shall continue to exist and run to the benefit of the bond Insurer, and the Bond Insurer shall be subrogated to the rights of the registered owners. Section 15. Bond Fund. The Bond Fund is created and established in the office of the City Finance Director as a special fund designated the Limited Tax General Obligation Bond Fund, 2008 (the "Bond Fund for the purpose of paying principal of and interest on the Bonds. Accrued interest on the Bonds, if any, received from the sale and delivery of those Bonds shall be paid into the Fund. All taxes collected for and allocated to the payment of the principal of and interest on the Bonds shall be deposited in the Bond Fund. Section 16. Refunding of Refunded Bonds. A. Appointment of Refunding Trustee. U.S. Bank National Association of Seattle. Washington, is appointed Refunding Trustee. B. Use of Bond Proceeds; Acquisition of Acquired Obligations. All of the proceeds of the sale of the Bonds, exclusive of the accrued interest thereon (if any) which shall be paid into the Bond Fund, shall be deposited immediately upon the receipt thereof with the Refunding Trustee and used to discharge the obligations of the City relating to the Refunded Bonds under Ordinance No. 1884 by providing for the payment of the amounts required to be paid by the Refunding Plan. To the extent practicable, such obligations shall be discharged fully by the Refunding Trustee's simultaneous purchase of the Acquired Obligations, bearing such interest and maturing as to principal and interest in such amounts and at such times so as to provide, together with a beginning cash balance, if necessary, for the payment of the amount required to be paid by the Refunding Plan. The Acquired Obligations are listed and more particularly described in Exhibit A attached to the Refunding Trust Agreement between the City and the Refunding Trustee, but are subject to substitution as set forth below. Any Bond proceeds or other money deposited with the Refunding Trustee not needed to purchase the Acquired Obligations and provide a beginning cash balance, if any, and pay the costs of issuance of the Bonds shall be returned to the City at the time of delivery of the Bonds to the initial purchaser thereof and deposited in the Bond Fund to pay interest on the Bonds on the first interest payment date. C. Substitution of Acquired Obligations. Prior to the purchase of any Acquired Obligations by the Refunding Trustee, the City reserves the right to substitute other direct, noncallable obligations of the United States of America ("Substitute Obligations for any of the Acquired Obligations and to use any savings created thereby for any lawful City purpose if, (a) in the opinion of Foster Pepper PLLC, the City's bond counsel, the interest on the Bonds and the Refunded Bonds will remain excluded from gross income for federal income tax purposes under Sections 103, 148, and 149(d) of the Code, and (b) such substitution shall not impair the 8 50952195 I timely payment of the amounts required to be paid by the Refunding Plan, as verified by a nationally recognized independent certified public accounting firm. After the purchase of the Acquired Obligations by the Refunding Trustee, the City reserves the right to substitute therefor cash or Substitute Obligations subject to the conditions that such money or securities held by the Refunding Trustee shall be sufficient to carry out the Refunding Plan, that such substitution will not cause the Bonds and the Refunded Bonds to be arbitrage bonds within the meaning of Section 148 of the Code and regulations thereunder in effect on the date of such substitution and applicable to obligations issued on the issue date of the Bonds, and that the City obtain, at its expense: (i) a verification by a nationally recognized independent certified public accounting firm acceptable to the Refunding Trustee confinuing that the payments of principal of and interest on the substitute securities, if paid when due, and any other money held by the Refunding Trustee will be sufficient to carry out the Refunding Plan; and (ii) an opinion from Foster Pepper PLLC, bond counsel to the City, its successor, or other nationally recognized bond counsel to the City, to the effect that the disposition and substitution or purchase of such securities, under the statutes, rules, and regulations then in force and applicable to the Bonds, will not cause the interest on the Bonds or the Refunded Bonds to be included in gross income for federal income tax purposes and that such disposition and substitution or purchase is in compliance with the statutes and regulations applicable to the Bonds. Any surplus money resulting from the sale, transfer, other disposition, or redemption of the Acquired Obligations and the substitutions therefor shall be released from the trust estate and transferred to the City to be used for any lawful City purpose. D. Administration of Refunding Plan. The Refunding Trustee is authorized and directed to purchase the Acquired Obligations (or substitute obligations) and to make the payments required to be made by the Refunding Plan from the Acquired Obligations (or substitute obligations) and money deposited with the Refunding Trustee pursuant to this ordinance. All Acquired Obligations (or substitute obligations) and the money deposited with the Refunding Trustee and any income therefrom shall be held irrevocably, invested and applied in accordance with the provisions of Ordinance No. 1884, this ordinance, chapter 39.53 RC■ and other applicable statutes of the State of Washington and the Refunding Trust Agreement. All necessary and proper fees, compensation, and expenses of the Refunding Trustee for the Bonds and all other costs incidental to the setting up of the escrow to accomplish the refunding of the Refunded Bonds and costs related to the issuance and delivery of the Bonds, including bond printing, verification fees, bond insurance premium, bond counsel's fees, and other related expenses, shall be paid out of the proceeds of the Bonds. E. Authorization for Refunding Trust Agreement. To carry out the Refunding Plan provided for by this ordinance, the Mayor or the Finance Director of the City is authorized and directed to execute and deliver to the Refunding Trustee a Refunding Trust Agreement substantially in the form on file with the City Clerk and by this reference made a part hereof setting forth the duties, obligations and responsibilities of the Refunding Trustee in connection with the payment, redemption, and retirement of the Refunded Bonds as provided herein and stating that the provisions for payment of the fees, compensation, and expenses of such Refunding Trustee set forth therein are satisfactory to it. Prior to executing the Refunding Trust Agreement, the Mayor or Finance Director of the City is authorized to make such changes therein that do not change the substance and purpose thereof or that assure that the escrow provided therein and the Bonds are in compliance with the requirements of federal law governing the exclusion of interest on the Bonds from gross income for federal income tax purposes. 9 50952195 1 Section .17. Call for Redemption of the Refunded Bonds. The City calls for redemption on December 1, 2009, all of the outstanding Refunded Bonds at a price of par plus accrued interest. Such call for redemption shall be irrevocable after the delivery of the Bonds to the initial purchaser thereof. The date on which the Refunded Bonds are herein called for redemption is the first date on which those bonds may be called. The proper City officials are authorized and directed to give or cause to be given such notices as required, at the times and in the manner required, pursuant to Ordinance No. 1884 in order to effect the redemption prior to their maturity of the Refunded Bonds. Section 18. City Findings with Respect to Refunding. The City Council of the City finds and determines that the issuance and sale of the Bonds at this time will effect a savings to the City and is in the best interest of the City and its taxpayers and in the public interest. In making such finding and deteiniination, the City Council has given consideration to the fixed maturities of the Bonds and the Refunded Bonds, the costs of issuance of the Bonds and the known earned income from the investment of the proceeds of the issuance and sale of the Bonds and other money of the City, if any, used in the Refunding Plan pending payment and redemption of the Refunded Bonds. The City Council further finds and determines that the money to be deposited with the Refunding Trustee for the Refunded Bonds in accordance with Section 16 of this ordinance will discharge and satisfy the obligations of the City under Ordinance No. 1884 with respect to the Refunded Bonds, and the pledges, charges, trusts, covenants, and agreements of the City therein made or provided for as to the Refunded Bonds, and that the Refunded Bonds shall no longer be deemed to be outstanding under such ordinance immediately upon the deposit of such money with the Refunding Trustee. Section 19. Approval of \ond Purchase Contract2 Seattle Northwest Securities Corporation of Seattle, Washington, leas presented a pureliiase contract (the "Bond Purchase Contract to the City offering to purchase the Bonds under the terms and conditions provided in the Bond Purchase Contract, which written Bond Purchase Contract is on file with the City Clerk and is incorporated herein by this reference. The City Council finds that the purchase price offered is acceptable to the City and that entering into the Bond Purchase Contract is in the City's best interest. The City therefore approves the Bond Purchase Contract, accepts the offer contained therein, and authorizes its execution by City officials. The Bonds will be printed at City expense and will be delivered to the purchaser in accordance with the Bond Purchase Contract, with the approving legal opinion of Foster Pepper PLLC, municipal bond counsel of Seattle, Washington, regarding the Bonds. The proper City officials are authorized and directed to do everything necessary for the i ce prompt delivery of the Bonds to the purchaser and for the proper application and use of the f l\ proceeds of the sale thereof. All prior actions taken by the City consistent with the provisions of this ordinance are ratified, confirmed and approved. Section 20. Preliminary Official Statement Deemed Final. The CitY Council has been provided with copies of a preliminary official statement dated November 2098 (the "Preliminary Official Statement prepared in connection with the sale of the Bonds and'hereby ratifies and approves the distribution of that preliminary official statement and the official statement by the Bond purchaser. For the sole purpose of the Bond purchaser's compliance with 10 50452, 95 1 United States Securities and Exchange Commission (``SEC'') Rule 15c2- 12(b)(1), the City "deems final" that Preliminary Official Statement as of its date, except for the omission of information as to offering prices, interest rates, selling compensation, aggregate principal amount, principal amount per maturity, maturity dates, options of redemption, delivery dates, ratings and other tennis of the Bonds dependent on such matters. Section 21. Undertaking to Provide Continuing Disclosure. To meet the requirements of SEC Rule 15c2- 12(b)(5) (the "Rule as applicable to a participating underwriter for the Bonds, the City makes the following written undertaking (the "Undertaking for the benefit of holders of the Bonds: (a) Undertaking to Provide Annual Financial Information and Notice of Material Events. The City undertakes to provide or cause to be provided, either directly or through a designated agent: (i) To each nationally recognized municipal securities information repository designated by the SEC in accordance with the Rule "NRMSIR and to a state information depository, if any, established in the State of Washington (the "SID annual financial information and operating data of the type included in the final official statement for the Bonds and described in subsection (b) of this section "annual financial information (ii) To each NRMSIR or the Municipal Securities Rulemaking Board "MSRB and to the SID, timely notice of the occurrence of any of the following events with respect to the Bonds, if material: (1) principal and interest payment delinquencies; (2) non payment related defaults; (3) unscheduled draws on debt service reserves reflecting financial difficulties; (4) unscheduled draws on credit enhancements reflecting financial difficulties; (5) substitution of credit or liquidity providers, or their failure to perform; (6) adverse tax opinions or events affecting the tax exempt status of the Bonds; (7) modifications to rights of holders of the Bonds; (8) Bond calls (other than scheduled mandatory redemptions of Term Bonds); (9) defeasances; (10) release, substitution, or sale of property securing repayment of the Bonds; and (11) rating changes; and (iii) To each NRMSIR or to the MSRB, and to the SID, timely notice of a failure by the City to provide required annual financial information on or before the date specified in subsection (b) of this section. 11 50952195 1 (b) Type of Annual Financial Information Undertaken to be Provided. The annual financial information that the City undertakes to provide in subsection (a) of this section: (i) Shall consist of annual financial statements prepared (except as noted in the financial statements) in accordance with applicable generally accepted accounting principles applicable to governmental units in Washington State, as such principles may be changed from time to time and in conformity with state law and regulations pertaining to cities, which statements shall not be audited, except, however, that if and when audited financial statements are otherwise prepared and available to the City they will be provided; (ii) authorized, issued and outstanding balance of general obligation debt of the City; (iii) the assessed value of the property within the City subject to ad valorem taxation; and (iv) ad valorem tax levy rates and amounts and percentage of taxes collected; (ii) Shall be provided to each NRMSIR and the SID, not later than the last day of the ninth month after the end of each fiscal year of the City (currently, a fiscal year ending December 31), as such fiscal year may be changed as required or permitted by State law, commencing with the City's fiscal year ending December 31, 2008; and (iii) May be provided in a single or multiple documents and may be incorporated by reference to other documents that have been filed with each NRMSIR and the SID, or, if the document incorporated by reference is a "final official statement" with respect to other obligations of the City, that has been filed with the MSRB. (c) Amendment of Undertaking. The Undertaking is subject to amendment after the primary offering of the Bonds without the consent of any holder of any Bond, or of any broker, dealer, municipal securities dealer, participating underwriter, rating agency, NRMSIR, the SID or the MSRB, under the circumstances and in the manner permitted by the Rule. Te City will give notice to each NRMSIR or the MSRB, and the SID, of the substance (or provide a copy) of any amendment to the Undertaking and a brief statement of the reasons for the amendment. If the amendment changes the type of annual financial information to be provided, the annual financial information containing the amended financial information will include a narrative explanation of the effect of that change on the type of information to be provided. (d) Beneficiaries. The Undertaking evidenced by this section shall inure to the benefit of the City and any holder of Bonds, and shall not inure to the benefit of or create any rights in any other person. (e) Termination of Undertaking. The City's obligations under this Undertaking shall terminate upon the legal defeasance of all of the Bonds. In addition, the City's obligations under this Undertaking shall terminate if those provisions of the Rule which require the City to comply with this Undertaking become legally inapplicable in respect of the Bonds for any reason, as confirmed by an opinion of nationally recognized bond counsel or other counsel familiar with federal securities laws delivered to the City, and the City provides timely notice of such termination to each NRMSIR or the MSRB and the SID. (f) Remedy for Failure to Comely with Undertaking. As soon as practicable after the City learns of any failure to comply with the Undertaking, the City will proceed with due 12 50952195 1 diligence to cause such noncompliance to be corrected. No failure by the City or other obligated person to comply with the Undertaking shall constitute a default in respect of the Bonds. The sole remedy of any holder of a Bond shall be to take such actions as that holder deems necessary, including seeking an order of specific performance from an appropriate court, to compel the City or other obligated person to comply with the Undertaking. (g) Designation of Official Responsible to Administer Undertaking. The Finance Director of the City (or such other officer of the City who may in the future perform the duties of that office) or his or her designee is authorized and directed in his or her discretion to take such further actions as may be necessary, appropriate or convenient to carry out the Undertaking of the City in respect of the Bonds set forth in this section and in accordance with the Rule, including, without limitation, the following actions: (i) Preparing and filing the annual financial information undertaken to be provided; (ii) Determining whether any event specified in subsection a has occurred, assessing its materiality with respect to the Bonds, and, if material, preparing and disseminating notice of its occurrence; (iii) Deteiniining whether any person other than the City is an "obligated person" within the meaning of the Rule with respect to the Bonds, and obtaining from such person an undertaking to provide any annual financial information and notice of material events for that person in accordance with the Rule; (iv) Selecting, engaging and compensating designated agents and consultants, including but not limited to financial advisors and legal counsel, to assist and advise the City in carrying out the Undertaking; and (v) Effecting any necessary amendment of the Undertaking. (h) Centralized Dissemination Agent. To the extent authorized by the SEC, the City may satisfy the Undertaking by transmitting the required filings using http: //www.disclosureusa.org (or such other centralized dissemination agent as may be approved by the SEC). Section 22. Bond Insurance[. The City is authorized to purchase from the Bond Insurer the Financial Guaranty Insurance Policy insuring the prompt payment of the principal of and interest on the Bonds and agrees to the conditions for obtaining that policy, including the payment of the premium therefor. Any notice required to be given to the Bond Insurer shall be sent by certified or registered mail to .1 [INSERT APPROPRIATE INSURANCE LANGUAGE WHEN AVAILABLE] Section 23. Severability. If any section, subsection, paragraph, sentence, clause or phrase of this ordinance or its application to any person or situation should be held to be invalid or unconstitutional for any reason by a court to competent jurisdiction, such invalidity or unconstitutionality shall not affect the validity or constitutionality of the remaining portions of this ordinance or its application to any other person or situation. 13 5952195 1 Section 24. Effective Date. This ordinance or a summary thereof shall be published in the official newspaper of the City, and shall take effect and be in force five days following its passage and publication as required by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a regular open public meeting thereof, this first day of December, 2008. Mayor ATTEST /AUTHENTICATED: City Clerk AP ROVVD S TO FORM: Office of the City Attorney FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DATE: ORDINANCE NO.: 14 50952195.1 CERTIFICATION I, the undersigned, City Clerk of the City of Tukwila, Washington (the "City"), hereby certify as follows: 1. The attached copy of Ordinance No. (the "Ordinance is a full, true and correct copy of an ordinance duly passed at a regular meeting thereof on December 1, 2008, as that ordinance appears on the minute book of the City; and the Ordinance will be in full force and effect five days after publication in the City's official newspaper as provided by law; and 2. A quorum of the members of the City Council was present throughout the meeting and a majority of those members present voted in the proper manner for the passage of the Ordinance. IN WITNESS WHEREOF, I have hereunto set my hand this day of December, 2008. CITY OF TUKWILA, WASHINGTON City Clerk 50952 195 1 PRFI_l \.ITNARY OFFTCIAI. STATEMENT DATE} 200S $6,510,000* City of Tukwila, Washington Limited Tax General Obligation Refunding Bonds 2008 L 3 c DATED: Date of Initial Delivery DUE: December 1, as shown below Y v. MOODY'S RATING Applied for; see "Ratings" herein. BANK QUALIFIED —The City of Tukwila, Washington (the "City has designated the Bonds as "qualified tax- exempt obligations" for purposes of Section 265(b)(3)(B) of the Code relating to the deductibility of interest expense by certain financial institutions. See "Tax Exemption" herein for a discussion of this designation. BOOK -ENTRY ONLY —The Bonds will be issued as fully registered bonds in denominations of $5,000, or integral multiples thereof, and will be registered in the name of Cede Co., as bond owner and nominee for The Depository Trust o Company "DTC DTC will act as securities depository for the Bonds. Purchasers will not receive certificates P representing their interest in the Bonds purchased. o f PRINCIPAL AND INTEREST PAYMENTS— Interest on the Bonds will be payable semiannually on each June 1 and 5 December 1, commencing on June 1, 2009, to maturity or earlier redemption. Principal of and interest on the Bonds will be payable by the fiscal agency of the State of Washington, currently The Bank of New York Mellon (the "Bond Registrar as further described herein. For so long as the Bonds remain in a "book -entry only" transfer system, the fiscal agent will make such payments only to DTC, which in turn is obligated to remit such principal and interest to its i= Participants for subsequent disbursement to Beneficial Owners of the Bonds as further described herein in Appendix B— Book -Entry Transfer System. MATURITY SCHEDULE— Due Interest Price or Due Interest Price or Dec.1 Amount* Rate Yield CUSIP Dec.1 Amount* Rate Yield CUSIP 2009 50,000 2015 655,000 2010 545,000 2016 680,000 3 2011 565,000 2017 705,000 a 2012 580,000 2018 735,000 u 2013 600,000 2019 770,000 2014 625,000 NO OPTIONAL REDEMPTION —The Bonds are not subject to optional redemption prior to their stated maturities. v J SECURITY —The Bonds are limited tax genera] obligations of the City. The City has covenanted and agreed irrevocably that L-..- :1) it will include in its annual budget and levy taxes annually, within the constitutional and statutory tax limitations provided by law without a vote of the electors of the Cihj, upon all the taxable property in the City in amounts sufficient, together with all other money legally available and to be used therefor, to pay the principal of and interest on the Bonds when due. The full faith, credit and resources of the City have been pledged irrevocably for the annual levy and collection of such taxes and the prompt payment of such principal and interest. The City's ability to raise taxes is subject to certain limitations as described herein. The Bonds do not constitute a debt or indebtedness of the State of Washington, or any political subdivision thereof other than the City. TAX EXEMPTION In the opinion of Foster Pepper PLLC, Seattle, Washington "Bond Counsel under existing federal law and assuming compliance by the Cihj with applicable requirements of the Internal Revenue Code of 1986, as amended (the "Code that g must be satisfied subsequent to the issue date of the Bonds, interest on the Bonds is excluded from Qross income for federal income tax purposes and is not an item of tax preference for purposes of the alternative minimum tax applicable to individuals. However, while interest on the Bonds also is not an item of tax preference for purposes of the alternative minimum tax applicable to corporations, interest on the Bonds received by corporations is taken into account in the computation of adjusted current earnings _for purposes of the alternative minimum tax applicable to corporations, interest on the Bonds received by certain S corporations may E r be subject to tax, and interest on the Bonds received by foreign corporations with United States branches may be subject to a foreign branch profits tax. Receipt of interest on the Bonds may have other federal tax consequences for certain taxpayers. See the captions "Tax Exemption" and "Certain Other Federal Tax Consequences." DELIVERY The Bonds are offered for sale to the original purchaser subject to the final approving legal opinion of Bond t Counsel. It is expected that the Bonds will be available for delivery to the Bond Registrar on behalf of DTC by Fast Automated Securities Transfer, on or about December 16, 2008. Preliminary, subject to change. This cover page contains certain information for quick reference only. It is not n summary of the issue. Investors must read the entire Official Statement to obtain information essential to the making of an informed investment decision. III City of Tukwila 6200 Southcenter Boulevard Tukwila, Washington 98188 Phone: (206) 433 -1800 Fax: (206) 433 -1833 www.ci.tukwila.wa.us Mayor and City Council Jim Haggerton, Mayor December 31, 2011 Joe Duffie, Council President December 31, 2009 Verna Griffin, Councilmember December 31, 2009 Joan Hernandez, Councilmember December 31, 2011 Kathy Hougardy, Councilmember December 31, 2011 Pam Linder, Councilmember December 31, 2009 De'Sean Quinn, Councilmember December 31, 2009 Dennis Robertson, Councilmember December 31, 2011 Certain Appointed Officials Rhonda Berry City Administrator Shawn Hunstock Finance Director Viki Jessop Administrative Services Director Christy O'Flaherty City Clerk Bond Counsel Foster Pepper PLLC Seattle, Washington (206) 447 -4400 Bond Registrar The Bank of New York Mellon New York, New York 1- 800 438 -5473 (1) The City's website is not part of this Official Statement, and investors should not rely on information presented in the City's website in determining whether to purchase the Bonds. This inactive textual reference to the City's website is not a hyperlink and does not incorporate the City's website by reference. This Official Statement does not constitute an offer to sell the Bonds in any jurisdiction in which or to a person to whom it is unlawful to make such an offer. No dealer, salesperson or other person has been authorized by the City or the Underwriter to give any information or to make any representations, other than those contained herein, in connection with the offering of the Bonds and, if given or made, such information or representations must not be relied upon. The information and expressions of opinion herein are subject to change without notice, and neither the delivery of this Official Statement nor any sale made hereunder will, under any circumstances, create an implication that there has been no change in the affairs of the Cite since the date hereof. The Underwriter has provided the following sentence for inclusion in this Official Statement. The Underwriter has reviewed the information in this Official Statement in accordance with, and as part of, its responsibilihj to investors under the federal securities laws as applied to the facts and circumstances of this transaction, but the Underwriter does not guarantee the accuracy or completeness of such information. This Preliminary Official Statement will be "deemed final" by the Cihj, pursuant to Rule 15c2 -12 promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, except for information which is permitted to be excluded from this Preliminary Official Statement under said Rule 15c2 -12. In connection with this offering, the Underwriter may over -allot or effect transactions that stabilize or maintain the market price of the Bonds at levels above those which might otherwise prevail in the open market. Such stabilizing, if commenced, may be discontinued at any time. The CUS1P numbers are included on the front cover of this Official Statement for convenience of the holders and potential holders of the Bonds. No assurance can be given that the CUSIP numbers for the Bonds will remain the same after the date of issuance and delivenj of the Bonds. Table of Contents Page Description of the Bonds 1 Authorization for Issuance 1 Principal Amount, Date, Interest Rates and Maturities 1 No Optional Redemption 1 Open Market Purchase 1 Bond Registrar and Registration Features 1 Book -Entry Bonds 1 Purpose and Use of Proceeds 2 Purpose Refunding Procedure 2 Estimated Sources and Uses of Funds 3 Verification of Mathematical Calculations 3 Security for the Bonds 3 General 3 Bonded Indebtedness 3 Summary of Limited Tax General Obligation Bonds Debt Service Requirements 5 Net Direct and Overlapping Debt 6 Debt Payment Record 6 Future Financings 6 Taxing Authority 7 Authorized Property Tax Levies 7 Regular Property Tax Limitations 7 Overlapping Taxing Districts 9 Assessed Value 9 Tax Collection Procedure 9 2008 Major Property Taxpayers 11 Authorized Investments 11 Local Government Investment Pool 11 Authorized Investments for Bond Proceeds 12 Comparative General Fund Balance Sheet (Years Ending December 31) 14 The City 15 City Administration 15 Labor Relations 15 Pension System 16 Other Post Employment Benefits 17 Basis of Accounting 17 Budgetary Policies 18 Risk Management 18 Auditing of City Finances 19 Demographic Information 19 Initiative and Referendum 22 State Initiatives 22 Tax Exemption 23 Certain Other Federal Tax Consequences 24 Rating 24 Continuing Disclosure 24 Legal and Underwriting 26 Approval of Counsel 26 Litigation 76 Conflicts of Interest 26 Underwriting 26 Concluding Statement 26 Form of Opinion of Bond Counsel Appendix A Book -Entry Transfer System Appendix B 2007 Audited Financial Statements Appendix C ii OFFICIAL STATEMENT $6,510,000* City of Tukwila, Washington Limited Tax General Obligation Refunding Bonds, 2008 The City of Tukwila, Washington (the "City a municipal corporation duly organized and existing under and by virtue of the laws of the State of Washington (the "State furnishes this Official Statement in connection with the offering of $6,510,000* aggregate principal amount of the above referenced bonds (the "Bonds This Official Statement provides information concerning the City and the Bonds. Description of the Bonds Authorization for Issuance The Bonds are issued pursuant to Ordinance No. (the "Ordinance passed by the City Council (the "Council on 2008, and under the authority of chapters 35A.40, 39.36, 39.44, 39.46 and 39.53 Revised Code of Washington "RCW The Bonds may be issued without a vote of the electors of the City. Principal Amount, Date, Interest Rates and Maturities The Bonds will be issued in the aggregate principal amount of $6,510,000 and will be dated and bear interest from their date of initial delivery to the Underwriter. The Bonds will mature on the dates and in the principal amounts and will bear interest (payable semiannually on each June 1 and December 1, commencing June 1, 2009) until the maturity or earlier redemption of the Bonds at the rates set forth on the inside cover of this Official Statement. Interest on the Bonds will be computed on the basis of a 360 -day year consisting of twelve 30 -day months. Principal of and interest on the Bonds will be payable by the fiscal agency of the State of Washington in New York, New York, currently The Bank of New York Mellon (the "Bond Registrar No Optional Redemption The Bonds are not subject to redemption prior to their scheduled maturities. Open Market Purchase The City reserves the right and option to purchase any or all of the Bonds in the open market at any time at any price acceptable to the City. All Bonds so purchased shall be canceled. Bond Registrar and Registration Features The Bonds will be issued as fully registered bonds and, when issued, will be registered in the name of Cede Co. as Bond Owner and as nominee for DTC. DTC will act as securities depository for the Bonds. Individual purchases and sales of the Bonds may be made in book -entry form only in minimum denominations of $5,000 within a single maturity and integral multiples thereof. Purchasers "Beneficial Owners will not receive certificates representing their interest in the Bonds. Principal of and interest on the Bonds will be payable by the Bond Registrar (or such other fiscal agency or agencies as the State or the City may from time to time designate). So long as Cede Co. is the registered owner of the Bonds, principal of and interest on the Bonds are payable by wire transfer by the Bond Registrar to DTC, which in turn is obligated to remit such principal and interest to its Participants for subsequent disbursement to the Beneficial Owners of the Bonds, as further described herein in Appendix B. Book -Entry Bonds DTC will act as securities depository for the Bonds. The ownership of one fully registered Bond for each maturity of the Bonds, as set forth on the cover of this Official Statement, each in the aggregate principal Preliminary, subject to change. amount of such maturity, will be registered in the name of Cede Co., as nominee for DTC. See Appendix B attached hereto for additional information. Procedure in the Event of Revisions of Book -Entry Transfer System. If DTC resigns as the securities depository and the City is unable to retain a qualified successor to DTC, or the City has determined that it is in the best interest of the City not to continue the book -entry system of transfer or that interests of the Beneficial Owners of the Bonds might be affected adversely if the book -entry system of transfer is continued, the City will execute, authenticate and deliver at no cost to the Beneficial Owners of the Bonds or their nominees Bonds in fully registered form, in the denomination of $5,000 or any integral multiple thereof within a maturity. In the event the Bonds are transferred by the City to fully registered form, the Bonds may be payable by the Bond Registrar. Thereafter, the principal of the Bonds will be payable upon due presentment and surrender thereof at the principal office of the Bond Registrar; interest on the Bonds will be payable by check or draft mailed on the interest payment date to the owners of the Bonds at the address appearing on the Bond Register on the 15th day of the month next preceding the interest payment date, and the Bonds will be transferable as provided in the Ordinance (defined below). Purpose and Use of Proceeds Purpose The proceeds from the sale of the Bonds will be used to (i) refund a portion of the City's outstanding debt to obtain the benefit of savings in annual and total debt service requirements and (ii) pay costs of issuance of the Bonds. Refunding Procedure If interest rates are favorable, the proceeds from the sale of the Bonds will be used to refund $6,260,000 of the City's Limited Tax General Obligation Bonds, 1999 maturing on December 1 in years 2010 through 2016 and 2019 (the "Refunded Bonds The proceeds of the Bonds allocated to the refunding of the Refunded Bonds will be escrowed to the call date for the Refunded Bonds (December 1, 2009) at which time they will be called at a price of par plus accrued interest. From the proceeds of the Bonds, the City will purchase certain direct non callable United States Government Obligations "Government Obligations These Government Obligations will be deposited in the custody of U.S. Bank National Association, or such other duly appointed successor(s) "Refunding Trustee The maturing principal of the Government Obligations, interest earned thereon, and necessary cash balance, if any, will provide payment of: (a) Interest on the Refunded Bonds up to and including December 1, 2009; (b) On December 1, 2009, the redemption price (par) of the Refunded Bonds; The Government Obligations, interest earned thereon, and necessary cash balance, if any, will irrevocably be pledged to and held in trust for the benefit of the owners of the Refunded Bonds by the Refunding Trustee, pursuant to an escrow deposit agreement to be executed by the City and the Refunding Trustee. Information on the Refunded Bonds is as follows: Refunded Bonds Maturity Years Principal Interest CUSIP (Dec. 1) Amounts Rates Numbers 2010 490,000 5.200% 899052DF8 2011 515,000 5.250 899052DG6 2012 540,000 5.300 899052DH4 2013 570,000 5.375 899052DJ0 2014 600,000 5.450 899052DK7 2015 635,000 5.550 899052DM3 2016 670,000 5.600 899052DN1 2019* 2,240,000 5.700 899052DL5 *Term Bond. Estimated Sources and Uses of Funds The proceeds from the Bonds will be applied as follows: Sources of Funds Par Amount 6,510,000 Net Premium /(Discount) Total Sources of Funds S Uses of Funds Escrow Requirements Costs of Issuance (2) Total Uses of Funds S (1) Preliminary, subject to change. (2) Includes bond counsel fee, rating fee, [bond insurance premium,] underwriter's discount, and other costs associated with the issuance of the Bonds. Verification of Mathematical Calculations Grant Thornton LLP, a firm of independent public accountants, will deliver on or before the delivery date of the Bonds, its verification report indicating that it has verified, in accordance with attestation standards established by the American Institute of Certified Public Accountants, the mathematical accuracy of (a) the mathematical computations of the adequacy of the cash and the maturing principal of and interest on the Government Obligations, to pay, when due, the interest on and redemption price of the Refunded Bonds and (b) the mathematical computations of yield used by Bond Counsel to support its opinion that interest on the Bonds will be excluded from gross income for federal income tax purposes. Security for the Bonds General The Bonds are limited tax general obligation bonds of the City. The City, as authorized by law and the Ordinance, has irrevocably pledged that it will make annual levies of taxes, within the constitutional and statutory tax limitations provided by law without a vote of the electors of the City, upon all of the property in the City subject to taxation in amounts sufficient together with other money legally available and to be used therefore, to pay such principal and interest as the same shall become due. The City's imposition of regular property taxes is subject to various limitations (see "Taxing Authority Regular Property Tax Limitations" herein). Subject to applicable laws, the City may apply other funds available to make payments with respect to the Bonds and thereby reduce the amount of future tax levies for such purpose. The Bonds do not constitute a debt or indebtedness of the State or any political subdivision thereof other than the City. Bonded Indebtedness As prescribed by State statutes, the unlimited tax general obligation indebtedness permitted for cities, subject to a 60 percent majority vote of registered voters, is limited to 2.5 percent of assessed value for general purposes, 2.5 percent for utilities and 2.5 percent for open space /park facilities. Within the 2.5 percent of assessed value for general purposes, the City may, without a vote of the electors, incur general obligation indebtedness (such as the Bonds) in an amount not to exceed 1.5 percent of assessed value. Additionally, within the 2.5 percent of assessed value for general purposes, the City may, also without a vote of the electors, enter into leases if the total principal component of the lease payments, together with the other nonvoted general obligation indebtedness of the City, does not exceed 1.5 percent of assessed value. The combination of unlimited tax and 3 limited tax general obligation debt for general purposes, including leases, cannot exceed 2.5 percent of assessed value and for all purposes cannot exceed 7.5 percent of assessed value. Without a vote of the electorate, the City may incur debt as follows: (1) Pursuant to an ordinance specifying the amount and object of the expenditure of the proceeds, the City Council may borrow money for corporate purposes and issue bonds and notes within the constitutional and statutory limitations on indebtedness. (2) The City may execute conditional sales contracts for the purchase of real or personal property. (3) The City may execute leases with or without an option to purchase. Computation of Debt Capacity 2008 Collection Year Regular Assessed Value 4,437,340,786 Nonvoted Debt Capacity 1.5% of Assessed Value 66,560,111 Less: Outstanding Nonvoted Debt (1) (14,333,000) Less: The Bonds (2) (6,510,000) Remaining Nonvoted Debt Capacity 8 45.717.111 Voted and Nonvoted Debt Capacity 2.5% of Assessed Value 110,933,519 Less: Outstanding Nonvoted Debt (1) (14,333,000) Less: The Bonds (2) (6,510,000) Less: Outstanding Voted Debt 0 Total Remaining Voted and Nonvoted Debt Capacity S 90.090.519 (1) Includes limited tax general obligation bonds; excludes the Refunded Bonds. (2) Preliminary, subject to change. Source: City of Tukwila. Outstanding Debt Long Term Borrowing General Obligations: Non -voted Date of Date of Amount Amount Limited Tax General Obligations Issue Maturity Issued Outstanding LTGO 1999 10/15/99 12/01/09 0) 10,000,000 465,000 LTGO 2000 09/15/00 12/01/15 2,551,600 1,428,000 LTGO 2003A 09/25/03 12/01/23 9,850,000 9,850,000 LTGO 2003T (Taxable) 09/25/03 12/01/09 2,200,000 70,000 LTGO 2003B 11/05/03 12/01/14 4,195,000 2,520,000 The Bonds (this issue) 12/16/08 12/01/19 6.510,000 6,510,000 (3) LTGO Bond Total 8 35.306.600 8 20.843.000 (1) Valley Communications Center Development Authority issued special obligation bonds on September 15, 2000 in the total aggregate principal amount of 812,758,000 of which the City is responsible for 20 percent of the debt service. (2) The Date of Maturity reflects the redemption of the Refunded Bonds. The December 1, 2009 principal payment remains after this refunding. (3) Preliminary, subject to change. 4 Summary of Limited Tax General Obligation Bonds Debt Service Requirements (1) Cal. Outstanding LTGO Bonds (2) The Bonds (3) Total Debt Years Principal Interest Principal Interest Service 2009 1,500,000 638,560 50,000 262,889 2,451,448 2010 1,089,000 570,990 545,000 261,389 2,466,379 2011 1,133,000 524,315 565,000 242,314 2,464,629 2012 1,182,000 475,740 580,000 222,539 2,460,279 2013 1,240,000 425,053 600,000 202,239 2,467,291 2014 1,286,000 367,978 625,000 178,239 2,457,216 2015 858,000 308,320 655,000 153,239 1,974,559 2016 650,000 269,610 680,000 126,220 1,725,830 2017 675,000 242,635 705,000 97,320 1,719,955 2018 705,000 213,948 735,000 67,358 1,721,305 2019 735,000 183,280 770,000 34,650 1,722,930 2020 765,000 150,573 0 0 915,573 2021 800,000 116,148 0 0 916,148 2022 840,000 79,748 0 0 919,748 2023 875,000 40,688 0 0 915,688 Total 14,333,000 4,607,582 6,510,000 1,848,394 27,298,976 (1) Totals may not foot due to rounding. (2) Principal and interest payments outstanding as of December 16, 2008; excludes the Refunded Bonds. (3) Preliminary, subject to change; assumed interest rates range from 3.00% to 4.50 5 Summary of Overlapping Debt (As of December 1, 2008) Estimated 2008 Assessed Percent Outstanding Overlapping Overlapping Taxing Districts Value Overlap GO Debt Debt School District No. 406 2,666,893,369 99.92% 33,335,000 33,307,893 School District No. 401 14,680,786,703 30.31 321,630,799 97,497,189 School District No. 403 16,296,912,864 6.47 212,550,000 13,745,041 Hospital District No. 1 36,870,805,357 4.53 41,270,000 1,867,826 Rural Library District 208,324,650,275 2.14 66,845,000 1,427,947 King County 340,995,439,577 1.31 1,110,099,513 14,487,623 Port of Seattle 340,995,439,577 1.31 378,065,000 4,934,029 School District No. 1 122,454,516,435 0.46 399,626,780 1,848,718 Total S 169.116.266 Source: King County Assessor and Treasurer and individual taxing districts. Net Direct and Overlapping Debt The following tables present information regarding the City's direct debt (including the Bonds) and the estimated portion of the debt of overlapping taxing districts allocated to the City's residents. Regular Assessed Value (2008 Collection Year) 4,437,340,786 Estimated 2008 Population 18,080 Debt Information Direct Debt* 20,843,000 Estimated Net Overlapping Debt (as previously detailed herein) 169.116.266 Total Net Direct and Overlapping Debt S 189.959.266 Includes the Bonds and limited tax general obligation bonds; excludes the Refunded Bonds. Bonded Debt Ratios Direct Debt to Assessed Value 0.47% Direct and Overlapping Debt to Assessed Value 4.28% Per Capita Assessed Value 245,428 Per Capita Direct Debt 1,153 Per Capita Total Direct and Net Overlapping Debt S 10,507 Debt Payment Record The City has promptly met all debt service payments on outstanding obligations. No refunding bonds have been issued to prevent an impending default. Future Financings Other than the Bonds, the City has no authorized but unissued bonds outstanding. The City plans to issue limited tax general obligation bonds in 2010 in the estimated amount of $2.8 million for arterial road improvements. In addition, the City is a participant in the South Correctional Entity Facility Development Authority "SCORE which plans to issue approximately $80 million in limited tax general obligation bonds to build a jail. SCORE will either issue bonds in 2010 or issue bond anticipation notes in 2010 and subsequent bonds in 2012. The City will be responsible for eight percent of the debt payment. 6 Taxing Authority Authorized Property Tax Levies The following provides a general description of the City's taxing authority and limitations thereon, the method of determining the assessed value of real and personal property, tax collection procedures, and tax collection information. Cities are authorized to impose (1) a regular levy (up to $3.60/$1,000 of assessed value Tess any regular levy made by a library district and /or a fire protection district within the city) and (2) excess levies (unlimited as to rate or amount). The City's regular levy for the 2008 collection year is 52.56911/$1,000. The regular levy is imposed without a vote of the people for general purposes, including payment of debt service on the Bonds, and is subject to (imitations (see "General Property Taxes Regular Property Tax Limitations" herein). Excess levies are imposed, upon voter approval, to pay debt service on unlimited tax general obligation bonds, or for any other City purpose if limited to one year. An excess levy also may be imposed without a vote to prevent the impairment of a contract (RCW 84.52.052). Authorized Property Taxes. The City is authorized to levy both "regular" property taxes and "excess" property taxes. (1) Regular Property Taxes. Regular property taxes are subject to constitutional and statutory limitations as to rates and amounts and commonly are imposed by taxing districts for general municipal purposes, including the payment of debt service on limited tax general obligation indebtedness, such as the Bonds. Changes in such laws could alter the impact of other interrelated tax limitations on the City. Regular property taxes do not require voter approval except as described below. (2) Excess Property Taxes. Excess property taxes are not subject to limitation as to rates or amounts but must be authorized by a 60 percent approving popular vote, as provided in Article VII, Section 2, of the State Constitution and RCW 84.52.052. To be valid, such popular vote must have a minimum voter turnout of 40 percent of the number who voted at the last City general election, except that one year excess tax levies also are valid if the turnout is less than 40 percent and the measure receives a number of affirmative votes equal to or greater than 24 percent of the number who voted at the last City general election. Excess levies may be imposed without a popular vote when necessary to prevent impairment of the obligations of contracts. Regular Property Tax Limitations Regular property tax levies are subject to rate limitations and amount limitations and to the uniformity requirement of Article VII, Section 1 of the State Constitution, which specifies that a taxing district must levy the same rate on similarly classified property throughout the district. Aggregate property taxes vary within the county because of its different overlapping taxing districts. In the event that the maximum permissible levy varies within the City, the lowest permissible rate for any part of the City would be applied to the entire City. Maximum Rate Limitation. Title 84 RCW authorizes the imposition of regular tax levies to various statutory maximums (see "Overlapping Taxing Districts" herein). The One Percent Aggregate Regular Levy Limitation. Article VII, Section 2 of the Washington Constitution limits aggregate regular property tax levies by the State and all taxing districts, except port districts and public utility districts, to one percent of the true and fair value of property. RCW 84.52.050 provides the same limitation by statute. S5.90/$1,000 Aggregate Regular Levy Limitation. Within the one percent limitation described above, RCW 84.52.043(2) imposes an aggregate limitation on regular tax levies by all taxing districts, other than the State, of $5.90/$1,000 of assessed v alue, except levies for any port or public utility district; excess levies authorized in Article VII, Section 2 of the State Constitution; and certain levies for acquiring conservation futures, for emergency medical services or care, and to finance affordable housing. Uniformity Requirement. Article VII, Section 1 of the Washington Constitution requires that property taxes be levied at a uniform rate upon the same class of property within the territorial limits of a taxing district levying 7 such taxes. It is possible because of different overlapping taxing districts in different areas of the City that the maximum permissible levy might vary within the City. In that event, to comply with the constitutional requirement for uniformity of taxation, the lowest permissible rate for any part of the City would be applied to the entire City. Prioritization of Levies. RCW 84.52.010 provides that if aggregate levies certified by all taxing districts exceed the aggregate levy limitations described above, levies certified by junior taxing districts are reduced or eliminated in order to bring the aggregate levy into .compliance with the statutory maximum prescribed by RCW 04.52.050 and 84.52.043. RCW 84.52.043 defines "junior taxing districts" as all taxing districts other than the state, counties, road districts, cities, towns, port districts, and public utility districts. The tax levy for unlimited tax general obligation bonds is a special excess levy approved by the voters, and as such, is not subject to the limitations on regular levies described above. The Levy Limitation. The regular property tax increase limitation (chapter 84.55 RCW) limits the total dollar amount of regular property taxes collected by an individual local taxing district such as the City to the amount of such taxes levied in the highest of the three most recent years multiplied by a limit factor, plus an adjustment to account for taxes on new construction, annexations, improvements and State assessed property at the previous year's rate. The limit factor is the lesser of 101 percent of the highest levy in the three previous years (excluding new construction, improvements, and State- assessed property) or 100 percent plus inflation, unless a greater amount is approved by a simple majority of the voters. With a supermajority vote of the Council, the limit factor is a flat 101 percent. RCW 84.55.092 allows the property tax levy to be set at the amount that would be allowed if the tax levy for taxes due in each year since 1986 had been set at the full amount allowed under Chapter 84.55 RCW. This is sometimes referred to as "banked" levy capacity. The City does not have any banked levy capacity With a majority vote of its electors, a taxing district may levy, within the rate limitations described above, more than what otherwise would be allowed by the tax increase limitation indefinitely or for a limited period or to satisfy a limited purpose, as allowed by RCW 84.55.050. This is known as a "levy lid lift." A newly created taxing district can initiate its levy at the maximum permitted statutory levy rate, unless that rate would exceed any of the limitations described above. Since the regular property tax increase limitation applies to the total dollar amount levied rather than to levy rates, increases in the assessed value of all property in the taxing district (excluding new construction, improvements and State assessed property) which exceed the rate of growth in taxes allowed by the limit factor result in decreased regular tax levy rates, unless voters authorize a higher levy or the taxing district uses banked levy capacity. Decreases in the assessed value of all property in the taxing district (including new construction, improvements and State assessed property) or increases in such assessed value that are less than the rate of growth in taxes imposed, among other events, may result in increased regular tax levy rates. Special excess levies approved by a 60 percent majority of the voters and meeting minimum voter turnout requirements are not subject to the rate or amount limitations on regular levies described above. 8 Overlapping Taxing Districts The overlapping taxing districts within the City have the statutory power to levy regular property taxes at the following rates subject to the limitations provided by chapter 84.55 RCW, and levy excess voter approved property taxes. For purposes of demonstration, representative levy rates for "levy code 2340" of King County (the "County as well as the statutory levy authority of each type of potential overlapping district, are listed below. Levy code 2340 is wholly within the City, but it does not include all of the property within the City; as a result, additional taxing districts, not listed below, levy taxes within the City. Total Representative Total Statutory Levy Rates Levy Authority Per $1,000 of Per $1,000 of Assessed Value Assessed Value King County 1.20770 $1.80 County (Road Levy) n/a 2.25 Library District 0.41836 0.50 Fire Protection District n/a 1.50 Port of Seattle 0.22359 0.45 The City 2.56911 3.10 (3)(4) Hospital District No. 1 0.50854 0.75 State Schools 2.13233 3.60 (5) School District No. 403 2.62654 n/a (b) Emergency Medical Services 0.30000 Flood Zone 0.10000 Ferry District 0.05500 Total rate for King County levy code 2340: 10.14117 (1) King County levy code 2340 is included within the incorporated portion of King County and therefore does not have a road levy; likewise, it does not contain a fire protection district. (2) Pursuant to RCW 84.52.043(1), a county may increase its levy from $1.80 per $1,000 to a rate not to exceed $2.475 per $1,000 for general county purposes if (i) the total levies for both the county and any road district within the county do not exceed $4.05 per $1,000 and (ii) no other taxing district has its levy reduced as a result of the increased county levy. (3) RCW 41.16.060. $0.225 of the total $3.60 can be used for pension funding purposes, if required; otherwise this tax may be levied and used for any other municipal purpose. (4) The City's levy authority of $3.60 per $1,000 is impacted due to its annexation to the King County Rural Library District. The Library District has the authority to levy up to $0.50 per $1,000 thereby reducing the City's levy authority to $3.10 per $1,000. (5) RCW 84.52.043(1). The levy by the State shall not exceed $3.60 per $1,000 assessed value adjusted to the State equalized value in accordance with the indicated ratio fixed by the State Department of Revenue to be used exclusively for the support of the common schools. (6) Washington school districts do not have nonvoted regular levy authority. Source: King County Assessor's Office. Assessed Value The County Assessor, or equivalent thereof "Assessor determines the value of all real and personal property throughout the County that is subject to ad valorem taxation, except certain utility properties which are valued by the State Department of Revenue. The Assessor is an elected official whose duties and methods of determining value are prescribed and controlled by statute and by detailed regulations promulgated by the State Department of Revenue. For tax purposes, the assessed value of property is 100 percent of its market value. Three approaches may be used to determine real property value: market data, replacement cost and income generating capacity. In King County, all property is subject to an annual property valuation and an on -site revaluation every six years. The property is listed by the Assessor on a roll at its current assessed value and the roll is filed in the Assessor's office. The Assessor's determinations are subject to revisions by the County Board of Equalization and, for certain property, subject to further revisions by the State Board of Tax Appeals. Tax Collection Procedure Property taxes are levied in specific amounts and the rate for all taxes levied for all taxing districts in the County is determined, calculated and fixed by the Assessor based upon the assessed value of the property 9 within the various taxing districts. The Assessor extends the taxes to be Levied within each taxing district on a tax roll that contains the total amount of taxes to be so levied and collected. By January 15 of each year, the tax roll is delivered to the County Treasurer, or equivalent thereof, who creates a tax account for each taxpayer and is responsible for the collection of taxes due to each account. All such taxes are due and payable on April 30 of each year, but if the amount due from a taxpayer exceeds $50, one -half may be paid then and the balance no later than October 31 of that year. Delinquent taxes are subject to interest at the rate of 12 percent per year computed on a monthly basis from the date of delinquency until paid. In addition, a penalty of three percent is assessed on June 1st of the year in which the tax was due and eight percent on December 1st of the year due. Al] collections of interest on delinquent taxes are credited to the County's current expense fund. The method of giving notice of payment of taxes due, the accounting for the money collected, the division of the taxes among the various taxing districts, notices of delinquency, and collection procedures are covered by detailed statutes. The lien on property taxes is prior to all other liens or encumbrances of any kind on real or personal property subject to taxation. By law the County Treasurer may not commence foreclosure of a tax lien on real property until three years have passed since the first delinquency. The State's courts have not decided whether the Homestead Law (chapter 6.13 RCW) may give the occupying homeowner a right to retain the first $125,000 of proceeds of the forced sale of the family residence or other "homestead" property for delinquent general property taxes. (See Algona v. Sharp, 30 Wn. App. 837, 638 P.2d 627 (1982), holding the homestead right superior to the improvement district assessments.) The United States Bankruptcy Court for the Western District of Washington has held that the Homestead Exemption applies to the lien for property taxes, while the State Attorney General has taken the position that it does not. Tax Collection Record Regular Tax Collection Collection Assessed Ad Valorem Ad Valorem Year As of Year Valuationo Levy Rate Tax Lew of Levy 2008 4,437,340,786 2.56911 11,406,135 (2) (2) 2007 3,931,150,961 2.84033 11,138,233 98.7% 99.5% 2006 3,610,529,967 3.03706 10,952,602 98.8 99.8 2005 3,440,958,505 3.11712 10,669,344 98.7 100.0 2004 3,373,231,785 3.10754 10,430,585 98.6 100.0 2003 3,478,611,208 2.91064 9,975,198 97.9 100.0 (1) Assessed value is based upon 100 percent of estimated actual valuation. The preliminary assessed value for collection year 2009 is $5,149,272,398. (2) In process of collection. NOTE: Taxes are due and payable on April 30 of each year of the levy. The entire tax or first half must be paid on or before April 30, otherwise the total amount becomes delinquent on May 1. The second half of the tax is payable on or before October 31, becoming delinquent November 1. Source: King County Assessor's and Treasurer's Offices. 10 2008 Major Property Taxpayers Percent of 2008 Collection Year City's Taxpayer Tvpe of Business Assessed Valuation Total A.V. The Boeing Company Aerospace S 523,137,982 11.79% Westfield Shopping Center Shopping center 117,384,365 2.65 KIR Tukwila 050 LLC Commercial properties 96,063,800 2.16 La Pianta LP Commercial properties 85,320,368 1.92 Rreef America Reit II Corp. Commercial properties 63,451,550 1.43 Heitman Commercial properties 57,055,700 1.29 Sterling Realty Organization Commercial properties 35,693,100 0.80 Walton CWWA Southcenter Commercial properties 31,782,500 0.72 TTA /E Property Tax Department Investment property 31,162,700 0.70 Anne Arundel Apartments Apartments 29,944,400 0.67 Subtotal Ten of the City's Largest Taxpayers 1,070,996,465 24.14 All Other City Taxpayers 3,366,344,321 75.86 Total City Taxpayers S 4.437.340.786 100.00% Sources: King Counhij Assessor's Office. Authorized Investments Chapter 35.39 RCW limits the investment by cities and towns of its inactive funds or other funds in excess of current needs to the following authorized investments: United States bonds; United States certificates of indebtedness; bonds or warrants of the State and any local government in the State; its own bonds or warrants of a local improvement district which are within the protection of the local improvement guaranty fund law; and any other investment authorized by law for any other taxing district or the State Treasurer. Under chapter 43.84 RCW, the State Treasurer may invest in non negotiable certificates of deposit in designated qualified public depositories; in obligations of the U.S. government, its agencies and wholly owned corporations; in bankers' acceptances; in commercial paper; in the obligations of the federal home loan bank, federal national mortgage association and other government corporations subject to statutory provisions and may enter into repurchase agreements. Utility revenue bonds and warrants of any city and bonds or warrants of a local improvement district are also eligible investments (RCW 35.39.030). Money available for investment may be invested on an individual fund basis or may, unless otherwise restricted by law, be commingled within one common investment portfolio. All income derived from such investment may be either apportioned to and used by the various participating funds or for the benefit of the general government in accordance with city ordinances or resolutions. Funds derived from the sale of bonds or other instruments of indebtedness will be invested or used in such manner as the authorizing ordinances, resolutions or bond covenants may lawfully prescribe. Local Government Investment Pool The State Treasurer's Office administers the Washington State Local Government Investment Pool (the "LGIP a fund that invests money on behalf of more than 350 cities, counties and special taxing districts. In its management of LGIP, the State Treasurer is required to adhere, at all times, to the principles appropriate for the prudent investment of public finds. These are, in priority order, (i) the safety of principal; (ii) the assurance of sufficient liquidity to meet cash flow demands; and (iii) to attain the highest possible yield within the constraints of the first two goals. Historically, the LGIP has had sufficient liquidity to meet all cash flow demands. The LGIP, authorized by chapter 43.250 RCW, is a voluntary pool which provides its participants the opportunity to benefit from the economies of scale inherent in pooling. It is also intended to offer participants increased safety of principal and the ability to achieve a higher investment yield than would otherwise be available to them. The pool is restricted to investments with maturities of one year or less, and the average life typically is less than 90 days. Investments permitted under the pool's guidelines include U.S. government and 11 agency securities, bankers' acceptances, high quality commercial paper, repurchase and reverse repurchase agreements, motor vehicle fund warrants, and certificates of deposit issued by qualified Washington State depositories. As of December 31, 2007, the City's investment portfolio, at fair value, totaled $32,416,780 of which 520,540,726 was invested in the LGIP and the remaining of which was invested in various U.S. government securities. Authorized Investments for Bond Proceeds In addition to the eligible investments discussed above, bond proceeds may also be invested in mutual funds with portfolios consisting of U.S. government and guaranteed agency securities with average maturities of less than four years; municipal securities rated in one of the four highest categories; and money market funds consisting of the same, so long as municipal securities held in the fund(s) are in one of the two highest rating categories of a nationally recognized rating agency. Bond proceeds may also be invested in shares of money market funds with portfolios of securities otherwise authorized by law for investment by local governments (RCW 39.59.030). 12 Comparative General Fund Statement of Revenues, Expenditures and Changes in Fund Balance (Years Ending December 31) Audited 2007 2006 2005 2004 2003 Revenues Taxes 31,660,507 29,250,083 5 26,852,064 28,886,770 27,525,877 Licenses and permits 1,827,709 1,273,228 1,002,683 808,821 785,823 Intergovernmental 2,562,870 2,962,522 2,334,340 1,757,235 1,873,139 Charges for services 2,024,892 2,345,931 2,649,678 2,919,115 1,796,946 Fines and forfeits 266,188 221,097 116,737 147,137 245,585 Investment income 488,252 423,820 250,609 132,078 31,083 Miscellaneous 643,538 420,518 438,264 547,977 442,115 Total Revenues 39,473,956 36,897,199 33,644,375 35,199,133 32,700,568 Expenditures Current: General government 7,034,602 6,882,596 6,136,540 5,982,594 5,892,912 Public safety 21,038,810 20,352,873 18,859,476 18,012,473 16,964,726 Physical environment 1,946,806 1,895,390 624,041 661,203 682,922 Transportation 2,039,304 2,086,394 1,442,309 1,151,872 1,013,399 Economic environment 2,961,588 2,819,421 2,632,575 2,826,030 2,769,883 Mental and physical health 4,204 3,683 0 0 0 Culture and recreation 3,938,779 3,689,560 3,274,273 3,089,080 2,879,441 Debt service 0 1,034 0 0 0 Capital outlay 268,479 388,326 215,696 344,606 114,731 Total Expenditures 39,232,572 38,119,300 33,184,910 32,067,858 30,318,014 Excess (deficiency) of revenues over (under) expenditures 241,384 (1,222,101) 459,465 3,131,275 2,382,554 Other Financing Sources (Uses) Transfers in 1,966,349 1,993,581 0 0 1,260,000 Transfers out (397,260) (499,940) (585,000) (900,000) (175,358) Sale of capital assets 100 (530,869) 0 0 0 Total Other Financing Sources (Uses) 1,569,189 962,772 (585,000) (900,000) 1,084,642 Net change in fund balances 1,810,573 (259,329) (125,535) 2,231,275 3,467,196 Fund balance beginning of year 8,706,465 8,965,794 9,091,329 6,860,054 3,392,858 Fund Balance End of Year 10,517,038 8,706,465 S 8,965,794 S 9,091,329 6,860,054 Source: Cihj of Tukwila. 13 Comparative General Fund Balance Sheet (Years Ending December 31) Audited 2007 2006 2005 2004 2003 Assets Cash and cash equivalents 5,524,756 217,714 95,273 85,823 203,114 Deposit with fiscal agent /trustee 0 25,351 6,771 9,750 25,295 Investments 3,465,024 7,669,051 6,410,284 6,817,048 3,195,708 Receivables: Taxes 3,386,463 2,732,013 2,430,481 2,838,192 3,138,853 Customer accounts 153,932 99,224 134,987 114,389 39,117 Interest on investments 49,261 56,386 48,084 41,837 0 Interfund loans receivable 0 0 544,440 544,440 600,000 Due from other governments 134.221 177,375 163.685 254.711 770.516 Total Assets S 12,713,658 S 10,977,114 S 9.834.005 S 10.706.190 S 7.972,603 Liabilities and Fund Balances Liabilities: Accounts payable 24,266 23,149 S 9,262 546,354 52,808 Accrued wages 64 benefits 1,049,077 1,038,180 0 0 0 Due to other governmental units 13,074 97,335 66,763 114,956 125,859 Revenues collected in advance 101,143 103,140 75,200 82,166 87,874 Other current liabilities 399,635 379,625 279,866 387,937 269,172 Deferred revenues 609,065 629.220 437.120 483,448 576.836 Total Liabilities 2,196,260 2,270,649 868,211 1.614.861 1.112.549 Fund balances: Reserved for: Irnprest funds 12,650 13,250 13,250 13,250 13,000 Loans receivable 0 0 544,440 544,440 600,000 Unreserved, designated for: Unknown contingent liabilities 3,763,990 2,539,443 2,816,822 2,816,822 2,816,822 Unreserved, undesignated General fund 6,740,398 6.153,772 5591,282 5.716.817 3.430.232 Total Fund Balances 10517,038 8,706,465 8,965,794 9.091,329 6,860.054 Total Liabilities and Fund Balances S 12,713,298 S 10.977.114 S 9.834.005 S 10.706,190 5 7.972.603 Source: Cihj of Tukwila. 14 The City The City, a non- charter code city of the State, was incorporated on June 29, 1908, and has a Mayor- Council form of government. Qualified electors elect the Mayor and seven council members at large. The Mayor appoints the City Administrator (with the majority approval of the City Council) to provide administrative direction to the City. The City Council is the legislative authority of the City and establishes City policy. The Mayor and City Administrator work together to implement such policy. The qualified electors of the City elect council members to staggered four -year terms. If a council member is appointed to fill a vacancy on the City Council, the council member serves for the unexpired portion of the vacated term. Member Position Term Expires Jim Haggerton Mayor 12/31/2011 Joe Duffie Council President 12/31/2009 Verna Griffin Councilmember 12/31/2009 Joan Hernandez Councilmember 12/31/2011 Kathy Hougardy Councilmember 12/31/2011 Pam Linder Councilmember 12/31/2009 De'Sean Quinn Councilmember 12/31/2009 Dennis Robertson Councilmember 12/31/2011 City Administration Rhonda Berry, City Administrator. Ms. Berry has been with the City since 1990 and became the City Administrator in 2004. Prior to joining the City, Ms. Berry worked for the City of Oklahoma City, Oklahoma the IBM Corporation for 12 years. Ms. Berry holds a Bachelor's Degree in Business Education and a Masters of Business Administration. Ms. Berry has been involved in a wide variety of civic activities that include volunteer work in schools in both the cities of Seattle and Tukwila, as well as with the Junior Achievement program. Ms. Berry has served on the Board of Directors for the Southeast Seattle Senior Foundation; the University Preparatory Academy and Seattle Academy of Arts and Sciences Board of Trustees; the Board of Directors for Emerald City Outreach Ministries; and the Executive Committee of the Tukwila Community Schools Collaboration. She is currently on the Board of the Committee to End Homelessness and is on the United Way Community Building Committee. Shawn Hunstock, CPA, Finance Director. Mr. Hunstock is responsible for all financial aspects of the City. Mr. Hunstock has been employed by the City as Finance Director since September 2008. Prior to joining the City, Mr. Hunstock was the Assistant Finance Director at the City of Auburn, Washington. Mr. Hunstock's previous experience- includes over 13 years of public sector financial management in state and Local government, as well as higher education and public accounting experience. Labor Relations The City currently has 336 full -time and 123 part -time or seasonal employees. The majority of City employees who are eligible under State law to be represented by a labor organization are employed under provisions of negotiated contracts with seven bargaining units. The City considers its relationship with the bargaining units as excellent. No. of Bare_ ainine Unit Employees Expiration Date Teamsters 156 December 31, 2008 IAFF (Firefighters) 60 December 31, 2008 Police Guild 61 December 31, 2010 United Steelworkers 13 December 31, 2008 15 r Pension System Public Employees' Retirement System "PERS Substantially all of the City's full -time and qualifying part -time employees, other than those covered under union plans, participate in PERS. This is a statewide local government retirement system administered by the Washington State Department of Retirement Systems, under cost sharing, multiple employer defined benefit public employee retirement plans. The PERS system includes three plans. Participants who joined the system by September 30, 1977, are PERS Plan I members. Those joining thereafter are enrolled in PERS Plan II. A third plan, entitled PERS Plan III, provides members with a defined benefit plan similar to PERS Plan II and the opportunity to invest their retirement contributions in a defined contribution plan. PERS Plan I members are eligible for retirement at any age after 30 years of service, at age 60 with five years of service, or at age 55 with 25 years of service. The annual pension is two percent of the average final compensation per year of service, capped at 60 percent. The average final compensation is based on the greatest compensation earned during any 24 eligible consecutive compensation months. PERS Plan II members may retire at age 65 with five years of service or at 55 with 20 years of service. The annual pension is two percent of the average final compensation per year of service. PERS Plan II retirements prior to 65 are actuarially reduced. On July 1 of each year following the first full year of retirement service, the benefit will be adjusted by the percentage change in the Consumer Price Index "CPI of Seattle, capped at three percent annually. PERS Plan III is structured as a dual benefit program that will provide members with the following benefits: A defined benefit allowance similar to PERS Plan II calculated as one percent of the average final compensation per year of service (versus a two percent formula) and funded entirely by employer contributions. A defined contribution account consisting of member contributions plus the full investment return on those contributions. Each biennium, the State Pension Funding Council adopts PERS Plan 1 employer contribution rates and PERS Plan II employer and employee contribution rates. Employee contribution rates for PERS Plan I are established by statute at six percent and do not vary from year to year. The employer and employee contribution rates for PERS Plan II are set by the director of the Department of Retirement Systems, based on recommendations by the Office of the State Actuary, to continue to fully fund PERS Plan II. Unlike PERS Plan II, which has a single contribution rate, with PERS Plan III, the employee chooses how much to contribute from one to six contribution rate options. Once an option ha been selected, the contribution rate choice is irrevocable unless the employee changes employers. All employers are required to contribute at the level established by State law. The methods used to determine the contribution requirements are established under State statute in accordance with chapters 41.40 and 41.26 RCW. For the year ended December 31, 2007, the City's contribution of $702,317, or 6.13 percent of covered payroll, represents its full liability under the system, except that future rates may be adjusted to meet system needs. Law Enforcement Officers' and Fire Fighters' Retirement System "LEOFF LEOFF is a cost sharing multiple employer defined benefit pension plan. Membership in the plan includes all full -time, fully compensated local law enforcement officers, and fire fighters. The LEOFF system includes two plans. Participants who joined the system by September 30, 1977, are LEOFF Plan I members. Those joining thereafter are enrolled in LEOFF Plan II. Retirement benefits are financed from employee and employer contributions, investment earnings, and State contributions. Retirement benefits in both LEOFF Plan I and LEOFF Plan II are vested after completion of five years of eligible service. 16 LEOFF Plan I members are eligible to retire with five years of service at age 50. The service retirement benefit is dependent upon the final average salary and service credit years at retirement. LEOFF Plan II members are eligible to retire at the age of 50 with 20 years of service or at 53 with five years of service. Retirement benefits prior to age 53 are actuarially reduced at a rate of three percent per year. The benefit is two percent of the final average salary per year of service. The final average salary is determined as the 60 highest paid consecutive service months. There is no limit on the number of service credit years, which may be included in the benefit calculation. LEOFF Plan I employer and employee contribution rates are established by statute, and the State is responsible for the balance of the funding at rates set by the Pension Funding Council to fully amortize the total costs of the plan. Employer and employee rates for LEOFF Plan II are set by the director of the Department of Retirement Systems, based on recommendations by the Office of the State Actuary, to continue to fully fund the plan. LEOFF Plan II employers and employees are required to contribute at the level required by State law. The methods used to determine the contribution rates are established under State statute in accordance with chapters 41.26 and 41.45 RCW. For the year ending December 31, 2007, the City's contribution to LEOFF I of 0.16 percent and to LEOFF II of 5.35 percent of covered payroll totaled $548,848, representing its full liability under the system, except that future rates may be adjusted to meet the system needs. Historical trend information regarding all of these plans is presented in Washington State's Department of Retirement Systems' annual financial report. A copy of this report may be obtained at: Department of Retirement Systems Point Plaza West 1025 East Union Street P.O. Box 48380 Olympia, WA 98504 -8380 Internet Address: www.drs.wa.gov According to information provided by the Office of State Actuary, the LEOFF System currently has no unfunded actuarial accrued liability. Other Post Employment Benefits The Governmental Accounting Standards Board "GASB has issued a new standard concerning Accounting and Financial Reporting by Employers for Post- Employment Benefits Other than Pensions (GASB 45). In addition to pensions, many State and local governmental employers provide other post employment benefits "OPEB as a part of total compensation to attract and retain the services of qualified employees. OPEB includes post employment health care as well as other forms of post employment benefits when provided separately from a pension plan. The new standard provides for the measurement, recognition and display of OPEB expenses /expenditures, related liabilities (assets), note disclosures, and, if applicable, required supplementary information in the financial reports. The City provides post employment benefits in accordance with State statute to all LEOFF retirees. The City provides medical insurance and reimburses for all validated claims for medical, dental and hospitalization costs incurred by retirees. Currently, 39 retirees meet those eligibility requirements. Expenditures for post retirement health care benefits are recognized as retirees report claims. During 2007, expenditures of $542,868 were recognized for post retirement health care. This represents a $26,967 increase from 2006. Basis of Accounting The City's financial statements are prepared in accordance with generally accepted accounting principles "GAAP as applied to governmental units and are regulated by the State Auditor's Office. The accounts of the City are organized on the basis of funds and account groups, each of which is considered a separate accounting entity. Each fund is accounted for with a separate set self balancing accounts that comprise its assets, liabilities, fund equity, revenues, and expenditures or expenses as appropriate. The City's resources are 17 allocated to and accounted for in individual funds depending on what they are to be spent and how they are controlled. All governmental funds are presented using the flow of current financial resources focus. This means that generally only current assets and current liabilities are included on their balance sheets. Governmental fund operating statements focus on measuring changes in financial position, rather than net income. They present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in spendable resources. The reported fund balance is considered a measure of "available expendable resources." Budgetary Policies The City budgets its funds in accordance with chapter 35A.33 RCW. Annual appropriated budgets are adopted for the general, special revenue, debt service, and capital projects funds on the modified accrual basis of accounting and include fund balances. For governmental funds, there are no differences between the budgetary basis and GAAP. The Council annually adopts a budget by ordinance establishing appropriations for City funds, and during the year may authorize supplemental appropriations. Administrative and legal budgetary control is established at the fund level, i.e., expenditures for a fund may not exceed the total appropriation amount. The Mayor may authorize transfers of appropriations within a fund or use of a fund balance, however any amendments that increase the total for the fund must be approved by Council ordinance. Risk Management The City is a member of the Washington Cities Insurance Authority (WCIA). Utilizing Chapter 48.62 RCW (self- insurance regulation) and Chapter 39.34 RCW (Interlocal Cooperation Act), nine cities originally formed WCIA on January 1, 1981. WCIA was created for the purpose of providing a pooling mechanism for jointly purchasing insurance, jointly self- insuring, and /or jointly contracting for risk management services. WCIA currently has a total of 121 members. New members initially contract for a three -year term, and thereafter automatically renew on an annual basis. A one -year withdrawal notice is required before membership can be terminated. Termination does not relieve a former member from its unresolved loss history incurred during membership. WCIA is governed by a Board of Directors, which is comprised of one designated representative from each member. The Board elects an Executive Committee and appoints a Treasurer to provide general policy direction for the organization. The WCIA Executive Director reports to the Executive Committee and is responsible for conducting the day to day operations of the WCIA. Liability coverage is written on an occurrence basis without deductibles. Coverage includes general, automobile, public officials' errors or omissions, stop -gap, and employee benefits liability. Limits are $3 million per occurrence self insured layer, and $12 million per occurrence in the re- insured excess layer. The excess layer is insured by the purchase of reinsurance and is subject to aggregate limits. Total limits are $15 million per occurrence subject to aggregate sublimits in the excess Layers. The Board of Directors determines the limits and terms of coverage annually. Insurance coverage for property, automobile physical damage, fidelity, inland marine, and boiler and machinery are purchased on a group basis. Insurance coverage for underground storage tanks are purchased under a separate policy. Various deductibles apply by type of coverage. Property insurance and auto physical damage coverage are self funded from the members' deductible to $500,000, for all perils other than flood and earthquake, and insured above that amount by the purchase of reinsurance. In -house services include risk management consultation, loss control field services, claims and litigation administration, and loss analyses. WCIA contracts for claims investigation consultants for personnel issues and land use problems, insurance brokerage, and Lobbyist services. WCIA is fully funded by its members who make annual assessments on a prospectively rated basis, as determined by an outside, independent actuary. The assessment covers loss, loss adjustment, and 18 administrative expenses. As outlined in the interlocal, «CIA retains the right to additionally assess the membership for any funding shortfall. An investment committee, using investment brokers, produces additional revenue by investment of WCIA's assets in financial instruments which comply with all State guidelines. These revenues directly offset portions of the membership's annual assessment. Auditing of City Finances Accounting systems and budgetary controls are prescribed by the Office of the State Auditor in accordance with RCW 43.09.200 and RCW 43.09.230. State statutes require audits for cities to be conducted by the Office of the State Auditor. The City complies with the systems and controls prescribed by the Office of the State Auditor and establishes procedures and records which reasonably assure safeguarding of assets and the reliability of financial reporting. The State Auditor is required to examine the affairs of cities at least once every two years. The City is audited annually. The examination must include, among other things, the financial condition and resources of the City, whether the laws and constitution of the State are being complied with, and the methods and accuracy of the accounts and reports of the City. Reports of the auditor's examinations are required to be filed in the office of the State Auditor and in the finance department of the City. The financial statements of the City for the year ended December 31, 2007, attached as Appendix C, are incorporated by reference to this Official Statement. Demographic Information The City is located in King County, Washington, in the Green River valley, approximately 12 miles south of downtown Seattle and 17 miles north of Tacoma, at the intersection of Interstate Highways 5 and 405. The City is adjacent to the western city limits of Renton and the eastern city limits of SeaTac and is one mile east of the Seattle- Tacoma International Airport. The City encompasses nine square miles and has an estimated 2008 population of 18,080. The City was primarily a residential community until completion of an interstate King County Washington highway interchange in the late 1960s, when it began to develop as a major south King County industrial and commercial center. This growth began with the construction of Westfield Southcenter Shoppingtown, a shopping mall, Andover Industrial Park, Gateway Industrial Parks and Parkway Plaza, all within the City limits. Historical population growth of the City and the County are shown below. Population Historical population for the City and County are as follows: Population City of King Year Tukwila County 2008 18,080 1,884,200 2007 18,000 1,861,300 2006 17,930 1,835,300 2005 17,110 1,808,300 2004 17,240 1,788,300 Source: Washington State Office of Financial Management. 19 King County The County is located on Puget Sound in Washington and covers more than 2,200 square miles. The County is the largest metropolitan county in the State in terms of population, number of cities, and employment, with more than one quarter of the State's population. Income. Historic personal income and per capita income levels for the County and the State are shown below: King County and State of Washington Total Personal and Per Capita Income King County State of Washington Total Personal Per Capita Total Personal Per Capita Year Income (in thousands) Income Income (in thousands) Income 2007 N/A N/A $261,415,126 $40,414 2006 596,579,228 552,655 243,597,024 38,212 2005 88,065,435 48,789 224,736,003 35,838 2004 87,407,884 49,533 218,431,726 35,289 2003 79,199,166 44,704 202,942,123 33,166 2002 77,940,608 44,153 197,451,578 32,573 (1) Preliminary estimate. Source: U.S. Deportment of Commerce, Bureau of Economic Analysis. Taxable Retail Sales. Taxable retail sales reflect only those sales subject to retail sales tax. Historic taxable retail sales for the City and the County are shown below: Taxable Retail Sales City of Tukwila King County 2008 1,004,674,512 22,761,952,403 2007 2,189,941,072 47,766,338,769 2006 2,045,733,563 43,993,478,514 2005 2,045,733,563 40,498,328,830 2004 1,917,878,233 37,253,103,540 2003 1,844,654,350 35,156,210,451 (1) Through second quarter only. Source: Washington State Department of Revenue. Building Permits. The number and valuation of new single family and multi family residential building permits in the County are listed below: King County Residential Building Permits New Single Family Units New Multi Family Units Total Year Units Valuation Units Valuation Valuation 2008 1,805 532,651,518 4,636 702,490,004 1,235,141,522 2007 5,206 1,506,180,957 10,212 1,246,804,898 2,752,985,855 2006 5,770 1,622,174,594 8,305 1,023,922,267 2,646,096,861 2005 6,331 1,741,241,527 5,703 556,297,096 2,297,538,623 2004 6,947 1,684,139,845 4,998 451,908,793 2,136,048,638 (1) Data through June 2008 only. Source: U.S. Census Bureau, July 2008. 20 Employment. Total employment within the City in 2007 is estimated at 42,368. The top 10 employers within the City include the following: City of Tukwila 2007 Major Employers Employer Type of Business Employees The Boeing Company Aerospace 8,043 Group Health Cooperative Data center /lab /pharmacy 1,100 King County Metro Transit operating base 664 Carlyle, Inc. Wire /cable connectors 447 Red Dot Corporation Heater /air conditioning equipment 444 Macy's Department store 400 Group Health Cooperative Health care administration 376 Boeing's Employee Credit Union Credit union 376 JC Penney Company Department store 375 Nordstrom, Inc. Department store 334 Source: City of Tukwila. State -wide employment figures (rounded) for major employers located primarily within the central Puget Sound region (King, Pierce and Snohomish counties) include the following: Central Puget Sound Region (1) Major Employers Employer Type of Business Employees The Boeing Company Aerospace and defense manufacturer 71,353 Microsoft Corp. Software and internet technologies 33,053 University of Washington Major public research university 24,443 Wal -Mart Stores, Inc. Retail super center 16,597 Naval Base Kitsap Fleet of the U.S. Navy 15,268 Providence Health Services Comprehensive healthcare 14,838 King County Government Local county government 12,678 Fred Meyer Stores Multi- department stores 11,800 City of Seattle Local city government 9,798 Alaska Air Group Holding company for Alaska and Horizon airlines 8,030 (1) Central Puget Sound Region includes King, Kitsap, Pierce, and Snohomish counties. Source: Puget Sound Business Journal's Book of Lists 2008. 21 Civilian Labor Force data is based on household surveys of residents. North American Industry Classification System (NAICS) data are estimates based on surveys of employers and benchmarked based on covered employment as reported by all employers. King County Nonagricultural Wage Salary Workers and Labor Force and Employment Data Annual Average 2008 2007 2006 2005 2004 Civilian Labor Force 1,081,980 1,070,870 1,047,740 1,012,940 994,800 Total Employment 1,042,730 1,031,700 1,005,240 965,940 943,420 Total Unemployment 39,250 39,170 42,500 47,000 51,380 Percent of Labor Force 3.6 3.7 4.1 4.6 5.2 **NAICS INDUSTRY 2008 2007 2006 2005 2004 Total Nonfarm 1,215,667 1,198,392 1,176,683 1,143,675 1,119,167 Total Private 1,049,500 1,035,483 1,014,800 982,475 957,008 Goods Producing 189,100 188,125 183,108 170,850 163,667 Natural Resources and Mining 700 675 658 658 825 Construction 76,067 74,467 70,075 62,808 58,992 Manufacturing 112,317 113,000 112,367 106,900 103,392 Services Providing 1,026,583 1,010,258 993,583 973,300 955,950 Trade, Transportation, and Utilities 224,667 224,125 224,283 222,858 222,700 Information 77,550 75,642 72,500 69,283 67,717 Financial Activities 76,850 76,908 77,567 76,467 77,242 Professional and Business Services 195,233 189,917 182,233 173,225 163,708 Educational and Health Services 130,150 127,300 124,717 122,750 118,142 Leisure and Hospitality 114,100 111,617 108,575 106,092 103,783 Other Services 41,833 41,842 41,808 41,392 40,533 Government 166,133 162,917 161,892 161,208 162,150 Federal Government 20,900 21,317 21,375 21,800 22,525 State Government 56,283 54,575 54,417 54,167 54,208 Local Government 88,933 87,042 86,117 85,225 85,442 Workers in Labor /Management Disputes 0 0 8 850 83 (1) Data through June 2008. Source: Washington State Employment Security Department. Initiative and Referendum State Initiatives Under the State Constitution, the voters of the State have the ability to initiate legislation and require the Legislature to refer legislation to the voters through the powers of initiative and referendum, respectively. The initiative power in Washington may not be used to amend the State Constitution. Initiatives and referenda are submitted to the voters upon receipt of a petition signed by at least eight percent (initiative) and four percent (referenda) of the number of voters registered and voting for the office of Governor at the preceding regular gubernatorial election. Any law approved in this manner by a majority of the voters may not be amended or repealed by the Legislature within a period of two years following enactment, except by a vote of two- thirds of all the members elected to each house of the Legislature. After two years, the law is subject to amendment or repeal by the Legislature in the same manner as other laws. Current and Future Initiative Legislation. Tax and fee initiative measures have been and may be filed from time to time. It cannot be predicted whether any such initiatives might gain sufficient signatures to qualify for submission to the Legislature and /or the voters or, if submitted, whether they ultimately would be approved. 22 Tax Exemption Exclusion from Gross Income. In the opinion of Bond Counsel, under existing federal law and assuming compliance by the City with applicable requirements of the Internal Revenue Code of 1986, as amended (the "Code that must be satisfied subsequent to the issue date of the Bonds, interest on the Bonds is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of the alternative minimum tax applicable to individuals. Continuing Requirements. The City is required to comply with certain requirements of the Code after the date of issuance of the Bonds in order to maintain the exclusion of the interest on the Bonds from gross income for federal income tax purposes, including, without limitation, requirements concerning the qualified use of proceeds of the Bonds and the facilities financed or refinanced with those proceeds, limitations on investing gross proceeds of the Bonds in higher yielding investments in certain circumstances, and the requirement to comply with the arbitrage rebate requirements to the extent applicable to the Bonds. The City has covenanted in the Ordinance to comply with those requirements, but if the City fails to comply with those requirements, interest on the Bonds could become taxable retroactive to the date of issuance of the Bonds. Bond Counsel has not undertaken and does not undertake to monitor the City's compliance with such requirements. Corporate Alternative Minimum Tax. While interest on the Bonds also is not an item of tax preference for purposes of the alternative minimum tax applicable to corporations, under Section 55 of the Code, tax exempt interest, including interest on the Bonds, received by corporations is taken into account in the computation of adjusted current earnings for purposes of the alternative minimum tax applicable to corporations (as defined for federal income tax purposes). Under the Code, alternative minimum taxable income of a corporation will be increased by 75 percent of the excess of the corporation's adjusted current earnings (including any tax exempt interest) over the corporation's alternative minimum taxable income determined without regard to such increase. A corporation's alternative minimum taxable income, so computed, that is in excess of an exemption of $40,000, which exemption will be reduced (but not below zero) by 25 percent of the amount by which the corporation's alternative minimum taxable income exceeds $150,000, is then subject to a 20 percent minimum tax. A small business corporation is exempt from the corporate alternative minimum tax for any taxable year beginning after December 31, 1997, if its average annual gross receipts during the three taxable -year period beginning after December 31, 1993, did not exceed $5,000,000, and its average annual gross receipts during each successive three taxable -year period thereafter ending before the relevant taxable year did not exceed $7.5 million. Tax on Certain Passive Investment Income of S Corporations. Under Section 1375 of the Code, certain excess net passive investment income, including interest on the Bonds, received by an S corporation (a corporation treated as a partnership for most federal tax purposes) that has Subchapter C earnings and profits at the close of the taxable year may be subject to federal income taxation at the highest rate applicable to corporations if more than 25 percent of the gross receipts of such S corporation is passive investment income. Foreign Branch Profits Tax. Interest on the Bonds may be subject to the foreign branch profits tax imposed by Section 884 of the Code when the Bonds are owned by, and effectively connected with a trade or business of, a United States branch of a foreign corporation. Possible Consequences of Tax Compliance Audit. The Internal Revenue Service (the "IRS has established a general audit program to determine whether issuers of tax exempt obligations, such as the Bonds, are in compliance with requirements of the Code that must be satisfied in order for interest on those obligations to be, and continue to be, excluded from gross income for federal income tax purposes. Bond Counsel cannot predict whether the IRS would commence an audit of the Bonds. Depending on all the facts and circumstances and the type of audit involved, it is possible that commencement of an audit of the Bonds could adversely affect the market value and liquidity of the Bonds until the audit is concluded, regardless of its ultimate outcome. 23 Certain Other Federal Tax Consequences Bonds are "Qualified Tax Exempt Obligations" for Financial Institutions. Section 265 of the Code provides that 100 percent of any interest expense incurred by banks and other financial institutions for interest allocable to tax exempt obligations acquired after August 7, 1986, will be disallowed as a tax deduction. However, if the tax exempt obligations are obligations other than private activity bonds, issued by a governmental unit that, together with all entities subordinate to it, does not reasonably anticipate issuing more than $10,000,000 of tax exempt obligations (other than private activity bonds and other obligations not required to be included in such calculation) in the calendar year in which the bonds are issued and are designated by the governmental unit as "qualified tax exempt obligations," only 20 percent of any interest expense deduction allocable to those obligations will be disallowed. The City is a governmental unit that, together with all subordinate entities, reasonably anticipates issuing less than $10,000,000 of tax exempt obligations (other than private activity bonds and other obligations not required to be included in such calculation) during the calendar year in which the Bonds are issued and has designated the Bonds as "qualified tax exempt obligations" for purposes of the 80 percent financial institution interest expense deduction. Therefore, only 20 percent of the interest expense of a financial institution allocable to the Bonds is deductible for federal income tax purposes. Reduction of Loss Reserve Deductions for Property and Casualty Insurance Companies. Under Section 832 of the Code, interest on the Bonds received by property and casualty insurance companies tivil] reduce tax deductions for Toss reserves otherwise available to such companies by an amount equal to 15 percent of tax exempt interest received during the taxable year. Effect on Certain Social Security and Retirement Benefits. Section 86 of the Code requires recipients of certain Social Security and certain Railroad Retirement benefits to take receipts or accruals of interest on the Bonds into account in determining gross income. Other Possible Federal Tax Consequences. Receipt of interest on the Bonds may have other federal tax consequences as to which prospective purchasers of the Bonds may wish to consult their own tax advisors. Rating As noted on the cover page of this Official Statement, the City will apply for a rating for the Bonds from IVIoody's Investors Service. When and if obtained, the rating will reflect only the views of the rating agency and an explanation of the significance of the rating may be obtained from the rating agency. There is no assurance that the rating, once obtained, will be retained for any given period of time or that the rating will not be revised downward or withdrawn entirely by the rating agency if, in its judgment, circumstances so warrant. Any such downward revision or withdrawal of the rating will be likely to have an adverse effect on the market price of the Bonds. Continuing Disclosure Basic Undertaking to Provide Annual Financial Information and Notice of Material Events. To meet the requirements of United States Securities and Exchange Commission "SEC Rule 15c2- 12(b)(5) (the "Rule as applicable to a participating underwriter for the Bonds, the City will undertake (the "Undertaking for the benefit of holders of the Bonds to provide or cause to be provided, either directly or through a designated agent, to each nationally recognized municipal securities information repository designated by the SEC in accordance with the Rule "NRMSIR and to a state information depository, if any, established in the State of Washington (the "SID annual financial information and operating data of the type included in this Official Statement as generally described below "annual financial information and to each NRMSIR or the Municipal Securities Rulemaking Board "MSRB and to the SID, timely notice of the occurrence of any of the following events with respect to the Bonds, if material: (i) principal and interest payment delinquencies; (ii) non payment related defaults; (iii) unscheduled draws on debt service reserves reflecting financial difficulties; (iv) unscheduled draws on credit enhancements reflecting financial difficulties; (v) substitution of credit or liquidity providers, or their failure to perform; (vi) adverse tax opinions or events affecting the tax exempt 24 status of the Bonds; (vii) modifications to rights of holders of the Bonds; (viii) Bond calls (other than scheduled mandatory redemptions of Term Bonds); (ix) defeasances; (x) release, substitution, or sale of property securing repayment of the Bonds; and (xi) rating changes. The City also will provide to each NRMSIR or to the MSRB, and to the SID, timely notice of a failure by the City to provide required annual financial information on or before the date specified below. Type of Annual Financial Information Undertaken to be Provided. The annual financial information that the City undertakes to provide will consist of (i) annual financial statements prepared (except as noted in the financial statements) in accordance with generally accepted accounting principles promulgated by the Government Accounting Standards Boards, as such principles may be changed from time to time and as permitted by State law which statements need not be audited, except that if and when audited financial statements are otherwise prepared and available to the City they will be provided; (ii) a statement of authorized, issued and outstanding balance of general obligation debt; (iii) the assessed value of property within the City subject to ad valorem taxation; and (iv) ad valorem tax levy rates and amounts and percentage of taxes collected. Such annual financial information will be provided to each NRMSIR and the SID not later than the last day of the ninth month after the end of each fiscal year of the City (currently, the fiscal year ending December 31), as such fiscal year may be changed as required by State law, commencing with the City's fiscal year ending December 31, 2008. The annual financial information may be provided in a single or multiple document, and may be incorporated by reference to other documents that have been filed with each NRMSIR and the SID, or, if the document incorporated by reference is a "final official statement" with respect to other obligations of the City, one that has been filed with the MSRB. Amendment of Undertaking. The Undertaking is subject to amendment after the primary offering of the Bonds without the consent of any holder of any Bond, or any broker, dealer, municipal securities dealer, participating underwriter, rating agency, NRMSIR, the SID or the MSRB, under the circumstances and in the manner permitted by the Rule. The City will give notice to each NIRMSIR or the MSRB, and the SID, of the substance (or provide a copy) of any amendment to the Undertaking and a brief statement of the reasons for the amendment. If the amendment changes the type of annual financial information to be provided, the notice also will include a narrative explanation of the effect of that change on the type of information to be provided. Termination of Undertaking. The City's obligations under the Undertaking shall terminate upon the legal defeasance of all of the Bonds. In addition, the City's obligations under the Undertaking will terminate if those provisions of the Rule which require the City to comply with the Undertaking become legally inapplicable in respect of the Bonds for any reason, as confirmed by an opinion of nationally recognized bond counsel or other counsel familiar with federal securities laws delivered to the City, and the City provides timely notice of such termination to each NRMSIR or the MSRB and the SID. Remedy for Failure to Comply with Undertaking. If the City or any other obligated person fails to comply with the Undertaking, the City will proceed with due diligence to cause such noncompliance to be corrected as soon as practicable after the City learns of that failure. No failure by the City or other obligated person to comply with the Undertaking will constitute a default in respect of the Bonds. The sole remedy of any holder of a Bond will be to take such actions as that holder deems necessary, including seeking an order of specific performance from an appropriate court, to compel the City or other obligated person to comply with the Undertaking. Centralized Dissemination Agent. To the extent authorized by the SEC, the City may satisfy the Undertaking by transmitting the required filings using http: /www.disclosureusa.org (or such other centralized dissemination agent as may be provided by the SEC). 25 Prior Continuing Disclosure Undertakings of the City. The City is required to file its annual financial information by the end of the ninth month following the fiscal year end; the City failed to do so for the fiscal years ended December 31 for the years 2004 through 2007. The City filed its annual financial information for the fiscal years ended December 31 for the years 2004 through 2007 on November 19, 2008. The City has provided notice of its failure to file its annual financial information by the required deadline. The City has otherwise complied with the provisions of its various continuing disclosure undertakings. The failure of the City in any respect to comply with the terms related to continuing disclosure undertaking under the Bond Ordinance or with the terms of any other commitment for ongoing disclosure under the Rule shall not constitute an Event of Default under the Bond Ordinance. Legal and Underwriting Approval of Counsel Legal matters incident to the authorization, issuance and sale of Bonds by the City are subject to the approving legal opinion of Foster Pepper PLLC, Seattle, Washington, Bond Counsel. The form of the opinion of Bond Counsel with respect to the Bonds is attached as Appendix A. The opinion of Bond Counsel is given based on factual representations made to Bond Counsel, and under existing law, as of the date of initial delivery of the Bonds, and Bond Counsel assumes no obligation to revise or supplement its opinion to reflect any facts or circumstances that may thereafter come to its attention, or any changes in law that may thereafter occur. The opinion of Bond Counsel is an expression of its professional judgment on the matters expressly addressed in its opinion and does not constitute a guarantee of result. Litigation The City, in the normal course of its activities, is involved in various claims and litigation. There is no controversy or litigation pending or, to the best knowledge of the City, threatened, which will affect the issuance and delivery of the Bonds, the levy and collection of taxes and other revenues to pay the principal and interest thereon, the proceedings and authority under which the Bonds are issued, or the validity of the Bonds. Conflicts of Interest All or a portion of the fees of the Underwriter and Bond Counsel are contingent upon the issuance and sale of the Bonds. In addition, Bond Counsel from time to time serves as counsel to the Underwriter with respect to bonds issued by issuers other than the City. None of the Members of the Commission or other officers of the City have any conflict of interest in the issuance of the Bonds that is prohibited by applicable law. Underwriting The Bonds are being purchased by Seattle Northwest Securities Corporation, the Underwriter. The purchase contract provides that the Underwriter will purchase all of the Bonds, if any are purchased, at a price of percent of the par value of the Bonds. The Bonds will be reoffered at an average price of percent of the par value of the Bonds. After the initial public offering, the public offering prices may be varied from time to time. Concluding Statement All estimates, assumptions, statistical information and other statements contained herein, while taken from sources considered reliable, are not guaranteed by the Underwriter or the City. So far as any statement herein includes matters of opinion, or estimates of future expenses and income, whether or not expressly so stated, they are intended merely as such and not as representations of fact. The information contained herein should not be construed as representing all conditions affecting the City or the Bonds. Additional information may be obtained from the City. The statements relating to the Bond Ordinance are in summarized form, and in all respects are subject to and qualified in their entirety by express reference to the provisions of such document in its complete form. 26 The agreements of the City are set forth in such documents, and the information assembled herein is not to be construed as a contract with the Owners of the Bonds. Information with respect to the City set forth in this Official Statement has been supplied by the City, and the Underwriter has relied on the City with respect to the accuracy and sufficiency of such information. 27 Appendix A Form of Opinion of Bond Counsel Appendix B Book -Entry Transfer System THE DEPOSITORY TRUST COMPANY SAMPLE OFFERING DOCUMENT LANGUAGE DESCRIBING BOOK ENTRY -ONLY ISSUANCE (Prepared by DTC-- bracketed material may apply only to certain issues) 1. The Depository Trust Company ("DTC"), New York, NY, will act as securities depository for the securities (the "Securities The Securities will be issued as fully- registered securities registered in the name of Cede Co. (DTC's partnership nominee) or such other name as may be requested by an authorized representative of DTC. One fully- registered Security certificate will be issued for [each issue of] the Securities, [each] in the aggregate principal amount of such issue, and will be deposited with DTC. [If, however, the aggregate principal amount of [any] issue exceeds $500 million, one certificate will be issued with respect to each $500 million of principal amount, and an additional certificate will be issued with respect to any remaining principal amount of such issue.] 2. DTC, the world's largest securities depository, is a limited- purpose trust company organized under the New York Banking Law, a "banking organization" within the meaning of the New York Banking Law, a member of the Federal Reserve System, a "clearing corporation" within the meaning of the New York Uniform Commercial Code, and a "clearing agency" registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934. DTC holds and provides asset servicing for over 3.5 million issues of U.S. and non -U.S. equity issues, corporate and municipal debt issues, and money market instruments (from over 100 countries) that DTC's participants "Direct Participants deposit with DTC. DTC also facilitates the post -trade settlement among Direct Participants of sales and other securities transactions in deposited securities, through electronic computerized book -entry transfers and pledges between Direct Participants' accounts. This eliminates the need for physical movement of securities certificates. Direct Participants include both U.S. and non -U.S. securities brokers and dealers, banks, trust companies, clearing corporations, and certain other organizations. DTC is a wholly owned subsidiary of The Depository Trust Clearing Corporation "DTCC DTCC is the holding company for DTC, National Securities Clearing Corporation and Fixed Income Clearing Corporation, all of which are registered clearing agencies. DTCC is owned by the users of its regulated subsidiaries. Access to the DTC system is also available to others such as both U.S. and non -U.S. securities brokers and dealers, banks, trust companies, and clearing corporations that clear through or maintain a custodial relationship with a Direct Participant, either directly or indirectly "Indirect Participants DTC has Standard Poor's highest rating: AAA. The DTC Rules applicable to its Participants are on file with the Securities and Exchange Commission. More information about DTC can be found at www.dtcc.com and www.dtc.org. 3. Purchases of Securities under the DTC system must be made by or through Direct Participants, which will receive a credit for the Securities on DTC's records. The ownership interest of each actual purchaser of each Security "Beneficial Owner is in turn to be recorded on the Direct and Indirect Participants' records. Beneficial Owners will not receive written confirmation from DTC of their purchase. Beneficial Owners are, however, expected to receive written confirmations providing details of the transaction, as well as periodic statements of their holdings, from the Direct or Indirect Participant through which the Beneficial Owner entered into the transaction. Transfers of ownership interests in the Securities are to be accomplished by entries made on the books of Direct and Indirect Participants acting on behalf of Beneficial Owners. Beneficial Owners will not receive certificates representing their ownership interests in Securities, except in the event that use of the book -entry system for the Securities is discontinued. 4. To facilitate subsequent transfers, all Securities deposited by Direct Participants with DTC are registered in the name of DTC's partnership nominee, Cede Co., or such other name as may be requested by an authorized representative of DTC. The deposit of Securities with DTC and their registration in the name of Cede Co. or such other DTC nominee do not effect any change in beneficial ownership. DTC has no knowledge of the actual Beneficial Owners of the Securities; DTC's records reflect only the identity of the Direct Participants to whose accounts such Securities are credited, which may or may not be the Beneficial Owners. The Direct and Indirect Participants will remain responsible for keeping account of their holdings on behalf of their customers. 5. Conveyance of notices and other communications by DTC to Direct Participants, by Direct Participants to Indirect Participants, and by Direct Participants and Indirect Participants to Beneficial Owners will be governed by arrangements among them, subject to any statutory or regulatory requirements as may be in effect from time to time. [Beneficial Owners of Securities may wish to take certain steps to augment the transmission to them of notices of significant events with respect to the Securities, such as redemptions, tenders, defaults, and proposed amendments to the Security documents. For example, Beneficial Owners of Securities may wish to ascertain that the nominee holding the Securities for their benefit has agreed to obtain and transmit notices to Beneficial Owners. In the alternative, Beneficial Owners may wish to provide their names and addresses to the registrar and request that copies of notices be provided directly to them.] [6. Redemption notices shall be sent to DTC. If less than all of the Securities within an issue are being redeemed, DTC's practice is to determine by lot the amount of the interest of each Direct Participant in such issue to be redeemed.] 7. Neither DTC nor Cede Co. (nor any other DTC nominee) will consent or vote with respect to Securities unless authorized by a Direct Participant in accordance with DTC's MMI Procedures. Under its usual procedures, DTC mails an Omnibus Proxy to Issuer as soon as possible after the record date. The Omnibus Proxy assigns Cede Co.'s consenting or voting rights to those Direct Participants to whose accounts Securities are credited on the record date (identified in a listing attached to the Omnibus Proxy). 8. Redemption proceeds, distributions, and dividend payments on the Securities will be made to Cede Co., or such other nominee as may be requested by an authorized representative of DTC. DTC's practice is to credit Direct Participants' accounts upon DTC's receipt of funds and corresponding detail information from Issuer or Agent, on payable date in accordance with their respective holdings shown on DTC's records. Payments by Participants to Beneficial Owners will be governed by standing instructions and customary practices, as is the case with securities held for the accounts of customers in bearer form or registered in "street name," and will be the responsibility of such Participant and not of DTC, Agent, or Issuer, subject to any statutory or regulatory requirements as may be in effect from time to time. Payment of redemption proceeds, distributions, and dividend payments to Cede Co. (or such other nominee as may be requested by an authorized representative of DTC) is the responsibility of Issuer or Agent, disbursement of such payments to Direct Participants will be the responsibility of DTC, and disbursement of such payments to the Beneficial Owners will be the responsibility of Direct and Indirect Participants. [9. A Beneficial Owner shall give notice to elect to have its Securities purchased or tendered, through its Participant, to [Tender /Remarketing] Agent, and shall effect delivery of such Securities by causing the Direct Participant to transfer the Participant's interest in the Securities, on DTC's records, to [Tender /Remarketing] Agent. The requirement for physical delivery of Securities in connection with an optional tender or a mandatory purchase will be deemed satisfied when the ownership rights in the Securities are transferred by Direct Participants on DTC's records and followed by a book -entry credit of tendered Securities to [Tender /Remarketing] Agent's DTC account.] 10. DTC may discontinue providing its services as depository with respect to the Securities at any time by giving reasonable notice to Issuer or Agent. Under such circumstances, in the event that a successor depository is not obtained, Security certificates are required to be printed and delivered. 11. Issuer may decide to discontinue use of the system of book -entry -only transfers through DTC (or a successor securities depository). In that event, Security certificates will be printed and delivered to DTC. 12. The information in this section concerning DTC and DTC's book -entry system has been obtained from sources that Issuer believes to be reliable, but Issuer takes no responsibility for the accuracy thereof. [03 /08] Appendix C 2007 Audited Financial Statements