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4B Sales Tax Corporation Minutes - 05/11/2007MINUTES OF THE 4B SALES TAX CORPORATION May 11, 2007 Present: Warren Ayres, President § Leon Mallonee, Vice - President § Darron Leiker § Ray Gonzalez § Bob Seabury § Alan Donaldson § Randy Schaffner § RECEIVED IN CITY CLERK'S OFFICE Dam__ VLildo By Time A94--+4 Corporation Board Members Jim Ginnings, Councilor At -Large § City Council Matt Benoit, Assistant City Manager § Jim Dockery, Director of Finance § Jack Murphy, Director of Parks & Recreation § City Staff Linda Merrill, Recording Secretary § 1. CALL TO ORDER President Warren Ayres called the meeting to order at 8:00 a.m. 2. APPROVAL OF MINUTES (MARCH 20, 2007) Mr. Ayres noted there was no reference to a final vote on the project approval for the repair and replacement of items for the Multi- Purpose Events Center, although the Board did vote affirmatively on this issue. Leon Mallonee moved for approval subject to that correction, seconded by Randy Schaffner. The motion carried. 3. CONSIDER A REQUEST FOR ADDITIONAL FUNDING TO COMPLETE THE FOUR -FIELD ADDITION TO THE CITY'S SOFTBALL COMPLEX. Matt Benoit passed out a hard copy of a Power Point presentation regarding this item. The Council issued debt in 2006; some of which was to be paid out of the City's General Fund, and some out of 4B funds. The Weeks Park Golf Course renovation, TIF #2 infrastructure, and replacement of TESCO Park softball fields were the 4B Board's portion of that debt service issuance. The 4B Board contributed $500,000 to replace TESCO softball fields, eliminated due to the TIF #2 improvements. The Council has elected to construct two additional softball fields, adjacent to the existing softball complex. 4B Minutes — May 11, 2007 2 The City hired Staley, Baker, Monson to complete design and construction observation services. Thirty-five percent of the design reflects a cost estimate of $2.6 Million. The following outlines the major components of the cost of the complex: Site Work will require a new lake $333,592 12.9% Irrigation System and Grassing $228,563 8.9% Fencing $138,000 5.3% Field Lighting $322,448 12.5% Concrete Improvements (Concourse, Drives, Approaches Bleachers, Dugouts) $339,789 13.2% Parkin lot Gravel $145.975 5.7% Scoring/Concession Building $578,484 22.4% All Others Utilities, Covers, etc. $291,893 11.3% Subtotal $2,378,744 Architect Fees $2021193 8.5% Total $2,580,937 Plum Lake was created as a result of the current softball complex. The proposed site of the new fields is immediately south of Plum Lake. There are elevation problems in that area; a portion is in the floodway. The construction will require expansion of the lake, and a significant amount of fill. The concession stand will be raised three to four feet, and the area around the outfield fences will be raised six to eight inches. There will be a lot of concrete areas, including the scoring and concession building and the concourse. The scoring and concession building will be two stories; the bottom is the concession stand, and the top is the scorers' area. The parking lot will be gravel, as is the existing parking lot. There is an elevator in the scorer's building, and additional concrete from the concourse to behind the backstop for seating, in compliance with Americans with Disabilities Act requirements. Bob Seabury noted this is the site of an old refinery, and asked what type of environmental assessment has been performed. Mr. Benoit stated that there is one abandoned oil pipeline down the center of the complex. The owner has no interest in the line. Mr. Seabury asked if the City had completed Phase One, to which Mr. Benoit replied no, but a plat review was performed and the utility companies were contacted. Mr. Benoit noted it was the Council's recommendation to do a four -field expansion at the complex, rather than only two fields. This expansion is proposed to be funded as follows: 2006 Debt Issuance $ 500,000 General Fund Equity $ 500,000 Reduction in Traffic Flow Improvements $ 600,000 4B Sales Tax Funds $1,000,000 $2,600,000 4B Minutes — May 11, 2007 3 The reduction in traffic flow improvements refers to several intersections in the City that need a left -hand turn lane or a wider right -hand turn lane. The City intends to acquire or use existing right -of -way to perform the work so that traffic flows better. The original budgeted amount of $1.4 Million is being reduced by $600,000, so that this sum can be contributed to the softball field project. Mr. Benoit noted the 4B Board has had a very busy 12 months. The 4B Fund's current cash balance is $7,890,557. Its current encumbrances total $2,829,771. The Board is responsible for about $930,000 in public safety debt service payments; $500,000 in debt service payments for the golf course and TIF #2 improvements. Other encumbrances include $500,000 for MPEC improvements, $350,000 for the Curtiss Jenny, Radio, CAD and Records Maintenance, as well as Sheppard Military Affairs. The future projects the Board faces include the request today for $500,000 for the softball fields, enhanced gymnasium space (also for $500,000), and for the Mobile Data Terminals ( "MDT "). Proposals have been received for that project, and staff will be interviewing vendors next week. This project is estimated at $4.2 Million. The Board is paying the consultant fees and the funding request for the project will be forthcoming. Mr. Benoit referred the Board to a financial spreadsheet. This document is an attempt to show the Board all of its revenues and expenses, and to ensure that the encumbrances are reflected correctly. The beginning cash balance for April is $7,890,000. Taking into account estimated interest earnings and expenses, April's end reveals a cash balance of $8,185,000. Subtracting expenditures of $2,819,000 leaves an ending available balance of $5,365,000. In June 2007, the Fund's encumbrances jump from $2.8 Million to $3.8 Million, assuming the Board approves today's requests. The Fund will close the fiscal year in September with an ending available balance of $5,890,500. The reason the encumbrances jump so much from the end of one fiscal year to the start of another is due to the debt service of $600,000 for TIF #2 improvements and the golf course renovation, as well as $4.2 Million for the Mobile Data Terminals. The encumbrances will increase to $7,154,000. The Board's estimated cash balance as of October 2007 would fall to $180,500. Mr. Ayres asked if this financial report includes income projection, to which Mr. Benoit replied affirmatively. Mr. Benoit assured the Board that this is not an irresponsible place to be. It would most certainly be time to close the doors for three to four months and let some of the cash build back up. As of January 2008, with interest earnings and sales tax collections, the fund would be back up to $1 Million. Mr. Ayres assumed the money for the MDT is totally encumbered on day one, but not from a cash perspective. Mr. Benoit replied that, although it would be unlikely that both the infrastructure and the software pieces of that project line up at the same 4B Minutes — May 11, 2007 4 time, the end result is the same. The cash balance would drop to about $250,000. Mr. Leiker assured Mr. Ayres that the 4B Board would not need to write a check for $4.2 Million on day one. Mr. Schaffner asked if this balance of $180,000 is historically the lowest for the 4B fund. Mr. Benoit responded that he did not believe the 4B Fund has ever been below $1 Million, including encumbrances. He added that the information he has provided today is not a cash flow statement in the strictest sense, but a commitment of funds. Mr. Dockery noted the encumbrances are identified to show the Board its commitments, so that it does not become overextended. Mr. Schaffner expressed concern that the City proposes to take $600,000 out of traffic improvement needs to pay for softball fields. Mr. Benoit noted that is a valid concern. However, the four projects left on the list are those that the Public Works Director said has to get done. And there may be more money available after those four projects are completed that will allow for the lion's share of the list to be accomplished. Mr. Leiker noted the staff will be working during the budget process to include other smaller traffic improvement projects. It will be difficult, as those projects will compete for money against mill and overlay projects. The City does have a five -year capital improvement program, so although these projects may be delayed, they will not fall off the list. Councilor Jim Ginnings added that TxDOT will perform work on the drainage ditch at Rhea Road and Southwest Parkway, and in the process will spend money on that intersection. 4. CONDUCT A PUBLIC HEARING ON THE REQUEST FOR ADDITIONAL FUNDING TO COMPLETE THE FOUR -FIELD ADDITION TO THE CITY'S SOFTBALL COMPLEX. Mr. Ayres opened the public hearing. Jack Murphy noted the genesis of the addition to the softball complies was the Maplewood Project. The logic of increasing from two fields to four is efficiency. There is so much infrastructure necessary — concession, lighting, and parking — that it makes sense to construct four fields rather than only two. In addition, having all the City's fields in one location will increase camaraderie, attract larger tournaments, and allow for more efficient maintenance. Mr. Ayres asked if the softball complex is used frequently. Mr. Murphy replied affirmatively. The addition of the four fields was looked at very carefully. Instead of tournaments playing all night long, with more fields they can end around midnight or 1:00 a.m. rather than 3:00 a.m. or 4:00 a.m., as is the current practice. 4B Minutes — May 11, 2007 5 Leon Mallonee asked if the lake would be expanded. Mr. Murphy stated it would be expanded to almost double its size. Mr. Leiker added that it will be an "L" shape. Mr. Seabury asked the depth of the lake. Mr. Murphy replied that the lake is currently two to five feet deep. Fishing is an attractive activity there, so the hope is the new portion of the lake can be 10 to 12 feet deep. The depth of the original lake was controlled by the amount of funds available. Mr. Schaffner asked about the annual revenue stream from the complex, to which Mr. Murphy replied it generates about 50% of what is needed to support the operation (approximately $250,000). Mr. Schaffner asked if it is anticipated that the revenue stream will increase when the complex is expanded. Mr. Murphy replied that he hopes that is the case, with the acquisition of larger tournaments. The softball complex is an investment; money goes to hotels and restaurants, and the City gets its portion from that in the form of sales tax. He cannot think of a complex in the State that would have such an attractive facility, with lodging and restaurants all within walking distance. Mr. Seabury noted there is a concentration of athletic facilities on the north side of town, yet the expansion of the City is to the south. Mr. Leiker replied that the City has what it has. The softball complex is a major investment; it would not make sense to construct the softball fields elsewhere now. In hindsight, the complex could have been constructed in a more central location. But the City owns the land and wants to improve the area. The Council approved that area for the new skate park due to its proximity to the highway. If it is successful, perhaps a second skate park will be constructed in another portion of the city. Mr. Murphy added that the softball complex was originally slated for construction at Lake Wichita Park, then Jaycee Park. That idea lost favor, and staff began looking for a site off the freeway. The land was found, it was available for expansion, and it was away from housing to allow for all -night games to be held. With the construction of the Falls Flyover, the site will be five minutes closer to everyone from the southern part of town. Mr. Gonzalez commented that there were a lot of problems with TESCO Park regarding the light and noise disturbing the neighbors. Mr. Seabury asked that attention be given next time to development of Lake Wichita. This area continues to be ignored. Mr. Ayres closed the public hearing. 4B Minutes — May 11, 2007 g 5. DISCUSSION AND POSSIBLE ACTION ON A REQUEST FOR ADDITIONAL FUNDING TO COMPLETE THE FOUR -FIELD ADDITION TO THE CITY'S SOFTBALL COMPLEX. Mr. Leiker moved that the Board recommend that the City Council approve the additional funding of $500,000 for the placement of a four -field complex at the City's softball complex. Seconded by Alan Donaldson, the motion carried unanimously. 6. CONSIDER A REQUEST FOR ASSISTANCE IN CONSTRUCTION ENHANCED GYMNASIUM SPACE FOR RECREATIONAL PROGRAMS. Jack Murphy stated this is a rare opportunity. For 25 -30 years, the City has used three of the School District's junior high gymnasiums for its adult basketball program. But there have been scheduling problems during the last few years, as the School District needs to use the gymnasiums for its own programs. This has stifled the City's ability to have expanded basketball programs. The School District had a successful bond issue, which included building 11 new elementary school gymnasiums. Even before the bond issue, the City had an agreement with the School District to build schools and gyms at Scotland and Southern Hills Parks. After the bond issue success, staff came up with the idea to expand junior high style gymnasiums into high - school style versions. The schools use the elementary gyms only during the day, and the City's demand for the gyms is in the evenings and on weekends. Even with the City moving from three gymnasiums to two, scheduling opportunities will increase because the gyms will be available Monday- Sunday. Bids will be opened in June on the expanded gymnasiums at two sites, Scotland and Jefferson Park. It will then be discovered if the cost comes within the architect's estimate. The original choices for construction were Scotland and Southern Hills, but the School District prefers Jefferson Park. They will enter a joint use agreement with the adjacent Southside Girls Club, negating the need for a new gym at Southern Hills. Jim Dockery noted that Bundy Young Sims & Potter estimated the cost difference between a small gym and a larger one at approximately $1.3 Million, which would be the City's cost. The three funding sources include $500,000 of 4B funds; $500,000 of City funds; and $300,000 cash received from the School District through the sale of land at Southern Hills. Mr. Schaffner asked why these schools were chosen. Mr. Murphy replied that Scotland is the preferred site. It is the most accessible and visible location. It is near downtown, and the city has an interest in the area with the softball complex. It is preferable to find locations as close to the highways as possible. The City does not want to users of the gymnasiums to have to drive through neighborhoods. The School District favored Jefferson Elementary. It is only one block off of Fairway Boulevard, so it should be fairly accessible to users of the gym. 46 Minutes — May 11, 2007 7 Mr. Leiker noted the gymnasiums will be transformed from elementary size to full -size gyms. The enhanced gymnasiums are competition- sized, with tall ceilings, wooden floors, scoreboards, and bleachers. This is a win /win situation for the School District, the City and the taxpayers. The City needs additional gymnasium space. With this project, that need can be fulfilled at half the price, arguably less. There is not a need to acquire land or to build parking, and the School District will enjoy upgraded gymnasiums for the students. Mr. Schaffner noted that he liked the concept, but asked if it would make sense to do a third gymnasium, rather than to stop at two. Mr. Leiker noted the need to balance between the money available and the community's needs. The joint use agreement will allow the City to use the gymnasiums seven days a week, on evenings, weekends, and during the summers, which will allow for growth and better scheduling of programs. Mr. Murphy interjected that the door might be open in phase three for more opportunities. Only the gymnasium at the Scotland location will be developed immediately; it will be a year before the Jefferson gymnasium is constructed. There may be opportunities for more joint projects in the future. Mr. Seabury asked who will pay the utilities. Mr. Leiker replied that there will be a cost - sharing agreement on maintenance items. The School District will need to acquire eight acres from the City at Scotland Park, and the money from that transaction will be applied toward the City's share in the maintenance costs (such as HVAC replacement, flooring, roofing). Mr. Seabury asked if this type of endeavor has occurred in other cities. Mr. Leiker noted that Plano has done this successfully. It is a good example of two governmental agencies working together in the best interests of its taxpayers. Mr. Schaffner asked what would happen if the bids come in higher than anticipated. Mr. Leiker replied that the City has an "out" clause. Mr. Dockery stated the architect designed the plan to allow for two alternate bids — one with the standard elementary-sized gym, and one with the enhanced gym. If the bid for the enhanced gymnasium comes in too high, the School District can continue with the project, using the bid for the standard -sized gym. Mr. Ayres opened the public hearing. Hearing no comments, the public hearing was closed. 7. DISCUSSION AND POSSIBLE ACTION ON A REQUEST FOR ASSISTANCE IN CONSTRUCTION ENHANCED BY GYMNASIUM SPACE FOR RECREATIONAL PROGRAMS. Mr. Schaffner asked if any cost overruns encountered by the School District would negatively affect this project. Mr. Leiker noted the projects are separated. The School District is adamant that it has its own buildings to build. If the bid for the school building structure, separate from the gymnasium, comes in high, it will not be the 4B Minutes — May 11, 2007 8 responsibility of the City or this Board. However, if the architect's estimate for a larger gymnasium is too low, the City could be faced with some challenges. However, David Potter (of Bundy, Young Sims & Potter) has taken a hard recent look at costs to come up with the estimation. Mr. Ayres moved, seconded by Ray Gonzalez, that the 4B Board recommend to the City Council the expenditure of 413 funds in the sum of $500,000 for the gymnasium enhancement program. The motion carried unanimously. Alan Donaldson asked if this program will affect the long -term plans for a centralized recreational center. Mr. Murphy replied that it is still in the Council's five -year plan. This project is an opportunity to supplement the recreational center, not to replace it. The recreational center would have rooms and other activities not satisfied by a gymnasium. It would also be in a more centralized location. E-�_ TW • The meeting adjourned at 8:55 a.m. Warren T. Ayres President