PROPOSED BOND 2020 PROGRAM OVERVIEW City Council Briefing July - - PowerPoint PPT Presentation

City Council Briefing July 21, 2020

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PROPOSED BOND 2020 PROGRAM OVERVIEW

BOND 2020 PROGRAM SUMMARY

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Proposition Number of Projects Total Allocation Streets 25 $72M (63%) Parks 23 $23M (20%) Public Safety 2 $20M (17%) Total 50 $115M

KEY DATES FOR BOND 2020

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Task Description Due Date

Bond Presentation at Council meeting, community input and discussio July 21 Bond Community Input and Council approval of Bond projects July 28 Ordinance calling for Elections August 11 Finalize Informational Brochure & Ballot Language August 30 Release Brochure & Finalize Ballot Language September Post Ballot Language to the City’s website October 13 Virtual Speakers Bureau October 15

BOND 2020 Schedule

BOND ELECTION - NOVEMBER 3, 2020

GUIDING PRINCIPLES

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• Signature Projects
• Investment in Major

Corridors

• Project Continuation
• Increase Connectivity
• Leverage Match Projects
• Increase Capacity for High

Growth Areas

• Enhance Functionality of

Recreational Areas

• Major Signature Park

Projects as opposed to Maintenance Projects

• Improve Public Safety

Facilities

ROUGH PROPORTIONALITY

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Bond 2020 Program CD1 CD2 CD3 CD4 CD5 Citywide Total Streets $13,000,000 $13,500,000 $12,700,000 $13,000,000 $13,800,000 $6,000,000 $72,000,000 Public Safety $20,000,000 $20,000,000 Parks and Public Facilities $2,950,000 $1,000,000 $1,000,000 $1,550,000 $1,000,000 $15,500,000 $23,000,000 $15,950,000 $14,500,000 $13,700,000 $14,550,000 $14,800,000 $41,500,000 $115,000,000 14% 13% 12% 13% 13% 36% 100% 2021 CDBG Grant

• $1,000,000
• $1,000,000

$15,950,000 $14,500,000 $14,700,000 $14,550,000 $14,800,000 $41,500,000 $116,000,000 14% 13% 13% 13% 13% 36% 100%

• Bond Benefits all Council Districts Evenly

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STREETS

• $72M Allocation

– 23 Streets in the 5 Council Districts – 3 Additional Citywide Projects

• Focus on Arterials and Collectors

– Reconstruction and Rehabilitation – Update lighting, sidewalk & curb repairs, Bike Lanes and ADA ramps

• Continuation of previous Bond

and SPMP projects

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STREETS - COUNCIL DISTRICT 1

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Street Cost Comanche (Carancahua to Alameda) $2.5M Starlite (Violet to Leopard) $3.5M Hearn (Callicoatte to Dead End) $2.1M Wildcat (FM 624 to Teague) $2.5M Trinity River (FM 624 to Wood River) $2.4M Total: $13M

STREETS - COUNCIL DISTRICT 2

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Street Cost Brownlee (Staples to Morgan) $2.7M Alameda (Texan Trail to Chamberlain) $6.3M Everhart (Staples to McArdle) $4.5M Total: $13.5M

STREETS - COUNCIL DISTRICT 3

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Street Cost Airport (Morgan to Horne) $5.7M Carroll (Holly to Dead End) $2.8M Flato (Bates to Bear) $4.2M Total: $12.7M

STREETS - COUNCIL DISTRICT 4

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Street Cost

Ocean (Airline to Doddridge) $1M Everhart (Alameda to Staples) $4.3M Waldron (SPID to Purdue) $3.85M Jackfish (End of Aquarius to Park Rd 22) $900K Park Rd 22 (Compass to Park Rd 22) $300K Park Rd 22 – South Access Rd (Commodore to Jackfish) $1.6M Encantada (Encantada to Nueces County Park) $650K Beach Access Rd No. 3 (SH361 to Beach) $400K

Total: $13M

STREETS - COUNCIL DISTRICT 5

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Street Cost Lipes (Sunwood to Staples) $5.1M Rodd Field (Yorktown to Planned Oso Pkwy.) $4.8M Strasbourg (Grenoble to Marseille) $2M Grenoble (Strasbourg to Cimarron) $1.9M Total: $13.8M

CITYWIDE STREETS PROJECTS

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Project Cost Pedestrian & ADA Improvements $2M Bridge Rehabilitation $4M Total $6M

PARKS

• $23M Allocated

– 18 Parks projects in the 5 Council Districts – 5 Additional Citywide Projects

• Focus on Signature &

Neighborhood Parks, and Recreational Centers

– Reconstruction and Rehabilitation

• Parking lots, restroom facilities, lockers,

playground and shade structures

• Add new pool and install playground, skate

park, walking paths, and lighting

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PARKS - COUNCIL DISTRICT 1

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Project* Cost Oak Park Recreation Center $2.2M McNorton Park $250K Brookhill Park $250K Academy Park $250K Total: $2.95M

*Oak Park Recreation Center will be demolished and rebuilt. Replacement of playground equipment and installation of shade structures at McNorton Park, Brookhill Park and Academy Park.

PARKS - COUNCIL DISTRICT 2

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Total: $1M Project* Cost Cupier Park $250K Sherwood Park $250K Sam Houston Park $250K Temple Park $250K

*Replacement of playground equipment and installation of shade structures at Cupier Park, Sherwood Park, Sam Houston Park and Temple Park.

PARKS - COUNCIL DISTRICT 3

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Project* Cost Salinas Park $1M CDBG Grant for Salinas Park $1M Total $2M

* Install outdoor workout equipment, construct skate park and install LED lights at park.

PARKS - COUNCIL DISTRICT 4

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Total: $1.55M Project* Cost Philip Dimit Municipal Fishing Pier $500K Parker Park $300K Windsor Park $250K Golden Oaks $250K Douden Park $250K

*Repair parking lot, install rip rap and repair parking bollards at Dimit Pier. Replace tennis courts at Parker Park. Replacement of playground equipment and installation of shade structures at Windsor Park, Golden Oaks Park and Douden Park.

PARKS - COUNCIL DISTRICT 5

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Total: $1M Project Cost Crossgate Park $250K Brighton Park $250K Brandywine Park $250K

• Capt. Falcon Park

$250K

*Replacement of playground equipment and installation of shade structures at Crossgate Park, Brighton Park, Brandywine Park and Capt. Falcon Park.

CITYWIDE PARKS PROJECTS

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Project Cost Texas State Aquarium – Rescue Center $3M North Beach Restrooms & Facilities $2.5M Bill Witt City Park – Pool & Facilities $7.5M West Guth Park –Facilities for Existing Pool $500K West Guth Park Enhancements $2M Total: $15.5M

PUBLIC SAFETY

• $20M Allocated

– 2 Citywide Projects

• Focus on updating Public

Safety Facilities

– Fire: Replace antiquated fire station #3 (Morgan Street) – Police: New Police Training Academy

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CITYWIDE PUBLIC SAFETY PROJECTS

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Project Cost Fire Station #3 – Morgan St. $7.5M Police Training Academy $12.5M Total $20M

GENERAL OBLIGATION (G.O.) DEBT CAPACITY

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• $115M can be done

without a City property tax rate increase

– Coordinated City debt management plan with City financial advisors, Estrada and Hinojosa

RECENT G.O. BOND PROGRAMS

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YEAR G.O. Bond Amount ($M) 2000 $30.8 2004 $95.0 2008 $153.0 2012 $88.0 2014 $99.5* (2.1¢ tax rate increase) 2016 $15.9 2018 $96.0* (2.0¢ tax rate increase will be

added in FY2021) * Included tax increase

FINANCIAL IMPACT

• FY 2020 property tax rate is $0.646264

– $0.426806 Maintenance and Operations (M&O)Rate (General Fund) – $0.219458 Interest and Sinking Fund (I&S) Rate (Debt Rate)

• FY 2021 property tax rate is $0.666264

– Two cents will be added to the Debt Rate for Bond 2018 as approved by Voters in 2018

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City Council Briefing July 21, 2020

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PROPOSED BOND 2020 PROGRAM OVERVIEW

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