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HomeMy WebLinkAbout2012.01.23_Sales Tax Watchdog Committee AgendaPUBLIC NOTICE OF THE MEETING OF THE OWASSO SALES TAX WATCHDOG COMMITTEE TYPE OF MEETING: DATE: TIME: PLACE: Regular January 23, 2012 6:30 PM Old Central 109 N. Birch Owasso, OK RECEIVED !JAN 15 v 2012 City Clerk's Office Agenda filed in the office of the City Cler and posted on the City Hall bulletin board at 5:00 PM on Thursday, January 19, 2012. liann M. Stevens, Deputy City Clerk AGENDA 1. Call to Order Ms. Brenda Snow, Chairman 2. Roll Call Ms. Stevens 3. Consideration and appropriate action relating to a request for Committee approval of the July 25, 2011 Minutes. Ms. Snow, Chairman Attachment # 3 4. General Discussion of Projects and Status Reports. Mr. Stevens Mr. Langford Attachment # 4 5. Presentation and Discussion of Financial Reports. Ms. Hess Attachment # 5 6. Consideration and appropriate action relating to a request for Committee approval of the Progress Report for Public Distribution. Ms. Snow, Chairman Attachment # 6 7. City Manager's Report. 8. New Business. 9. Adjournment. OWASSO SALES TAX WATCHDOG COMMITTEE MINUTES OF REGULAR MEETING Monday, July 25, 2011 The Owasso Sales Tax Watchdog Committee met in regular session on Monday, July 25, 2011 in the Old Central Building, 109 N. Birch, per the Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 5:00 PM on Thursday, July 21, 2011. ITEM 1: CALL TO ORDER Mr. Steve Mowery, Vice Chairman, called the meeting to order at 6:30 PM. ITEM 2: ROLL CALL PRESENT Steve Mowery Matt Roberts Mark Schneider Jeff Ferguson ABSENT Brenda Snow Danny Ewing Joe Sparks Lyndell Dunn Meagan Mooney Don Hutchings Erik Miller David Boggs Rob Hopper ITEM 3: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR COMMITTEE APPROVAL OF THE JANUARY 24, 2011 MINUTES Mr. Ewing moved, seconded by Mr. Dunn to approve the minutes of the January 24, 2011 regular meeting. AYE: Boggs, Ewing, Ferguson, Hutchings, Miller, Mowery, Roberts, Schneider, Sparks, Dunn NAY: None ABSTAIN: None Motion carried 10 -0. ITEM 4: GENERAL DISCUSSION OF PROJECTS AND STATUS REPORTS Mr. Stevens and Mr. Fritschen reviewed the status of various capital improvement projects. Mr. Lehr introduced Larry Langford as the city's Parks and Cultural Services Director. ITEM 5: PRESENTATION AND DISCUSSION OF FINANCIAL REPORTS Ms. Hess reviewed the financial reports included in the agenda packet and a discussion was held by members as to the content of the reports. ITEM 6: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR APPROVAL OF PROJECT COMPLETION REPORTS A. Quality of Life Initiative B. Street Improvement /Repair Project (2009) C. Street Improvement /Repair Project (2010) Mr. Mowery presented the item. Mr. Boggs moved, seconded by Mr. Ewing to approve the project completion reports as submitted. Mr. Roberts left the meeting. AYE: Boggs, Ewing, Ferguson, Hutchings, Miller, Mowery, Roberts, Schneider, Sparks, Dunn NAY: None ABSTAIN: None Motion carried 10 -0. Watchdog Committee July 25, 2011 Page 2 of 2 ITEM 7: CONSIDERATION AND APPROPRIATE ACTION RELATING TO A REQUEST FOR APPROVAL OF THE PROGRESS REPORT FOR PUBLIC DISTRIBUTION Ms. Hess presented the item. Mr. Ewing moved, seconded by Mr. Sparks to approve the Progress Report for Public Distribution as submitted. AYE: Boggs, Ewing, Ferguson, Hutchings, Miller, Mowery, Schneider, Sparks, Dunn NAY: None ABSTAIN: None Motion carried 9 -0. ITEM 8: CITY MANAGER'S REPORT No Report. ITEM 9: NEW BUSINESS None. ITEM 10: ADJOURNMENT Mr. Ferguson moved, seconded by Mr. Boggs to adjourn the meeting. AYE: Boggs, Ewing, Ferguson, Hutchings, Miller, Mowery, Schneider, Sparks, Dunn NAY: None ABSTAIN: None Motion carried 9 -0 The meeting adjourned at 7:50 P_ 2 CAPITAL IMPROVEMENT PROJECTS STATUS REPORT January 23, 2012 PUBLIC WORKS DEPARTMENT: • E. 86th Street North Widening (from Main Street to N. Memorial Drive) - Funding for the construction of this project is a result of a "matching grant "; 80% ODOT funding and 20% City funding. - An Engineering design for the project was completed in September 2008, followed by ODOT approval of an environmental assessment December 2008 and the Federal Highway Department in February 2009. - On July 20, 2010, the City Council authorized a contract in the amount of $988,502 between the City and ONG for the purpose of relocating a main gas line located in a private utility easement owned wholly by ONG. ONG completed their utility relocation in October 2011. In November, ONG submitted an invoice in amount of $771,551.61, resulting in an under -run of $216,950.39. - AT &T, PSO /AEP and COX completed their utility relocations in October 2011. The relocation of the Washington County Rural Water District #3 water line is included in the construction contract. - On December 5, 2011, ODOT awarded a construction contract to BECCO of Tulsa, Oklahoma in the amount of $6,953,717.61; an additional $414,823.06 is estimated for contract administration for a total cost of $7,368,540.67 (the funding breakdown is as follows: Federal funds = $5,642,075.73, Tulsa County /Four -to -Fix = $832,538 and City of Owasso = $893,926.94). - A public meeting will be scheduled for February to discuss the construction phase of the project. - ODOT has informed city staff that the contractor intends to mobilize in early March 2012 with completion scheduled for October 2012. • E. 106TH Street North and Garnett Road Intersection Improvement Project - A $750,000 grant from ODOT was approved in February 2009. - On March 24, 2009, City Council awarded an engineering design contract with PSA Dewberry in the amount of $119,500. - On June 21, 2011, the City Council authorized a contract in the amount of $110,495 between the City and ONG for the purpose of relocating a main gas line located in a private utility easement owned wholly by ONG. - AEP /PSO, ONG, AT &T and Cox are approximately 70% complete with their utility relocations. Staff anticipates this phase of work being complete in February 2012. - The relocation of the Washington County Rural Water District #3 water line will be included in the construction contract. - The advertisement for construction bids is expected in the spring of 2012. • E. 76th Street North Widening (from U.S. Hwy169 to N. 129th East Avenue) - In July 2010, City Council approved Resolution No. 2010 -10, requesting ODOT to consider the selection of the engineering, right -of -way and utility relocation phase of the E. 76th Street North Widening Project from U.S. Hwy 169 to N. 129'" East Avenue as candidate for federal funding assistance through the Surface Transportation Program. - Following a recommendation by the Capital Improvements Committee in September 2010, the City Council approved Resolution No. 2010 -13, amending the Capital Improvement Priority Listing of projects eligible to receive funding from the Capital Improvement Fund to include the E. 76th Street North Widening Project. - In October 2010, the City received notice that INCOG selected the project to receive federal funding in the amount of $2,090,000 for engineering, right -of -way and utility relocation costs. A 20% required match will be funded through the City of Owasso's Capital Improvement Fund. This phase of the project is targeted for federal assistance in FY 2014 or sooner, depending on funding availability. - In July 2011, City Council approved Resolution No. 2011 -08, requesting ODOT to consider the construction phase of the E. 76th Street North Widening Project as a candidate for federal funding assistance through the Surface Transportation Program. - In October 2011, the City received notice that INCOG selected the project to receive federal funding in the amount of $3,470,000 for construction and administration costs. A 20% required match will be funded through the City of Owasso's Capital Improvement Fund. This phase of the project will be targeted for federal assistance in FY 2015 or sooner, depending on funding availability. PARKS DEPARTMENT: • Sports Park Restroom - On December 21, 2010, the City Council awarded the construction contract to TriStar Construction of Claremore, Oklahoma in the amount of $153,021. - The restroom is identical to the three existing restrooms and is centrally located to serve the entire baseball area of the park. - The construction of the project is complete; the final invoice for contractor retainage was received January 19, 2012. City of Owasso Capital Improvements Fund Project Status Summary Report As of December 31. 2011 Percent of Completion Project Cost Project Expended Expended to Contract & Budget Percent Report Estimate Budget FY 2012 Date Encum Expended Complete Approval a 86th Street Main - Memorial 2,720,000 * 2,715,610 1,653,905 2,402,243 88% 88% 0 106th /Garnett Intersection 2,410,000 * 2,403,836 8,133 755,859 7,140 31% 31% Street Improvements FY 2012 587,485 587,485 0 0 0% 0% o Sports Park Restroom 160,000 140,519 0 140,519 15,302 100% 100% $5,877,485 $5,847,450 $1,662,038 $3,298,621 $22,442 56% o Resolution 2007 -05 Priority Projects o Resolution 2008 -01 Priority Projects Resolution 2011 -04 Priority Projects Future Priority Projects § Resolution 2010 -13 (E 76th St N Widening - Hwy 169 to 129th E Ave) § Resolution 2010 -13 (Highway 169 Service Roads - E 66th St N/E 126th St N) `Note - Additional Project funding will be provided by other resources. City of Owasso Sales Tax Collections and Restricted Use of One Percent Fiscal Year 2011 -12 Three Percent Sales Tax Collection One Percent 2004 Sales 2005 Sales Tax 2007 Sales Tax 2008 Sales Tax Sales Tax (1/3) Tax Rev Note Rev Note Rev Note Rev Note (Net Change) Fees /Arbitrage Interest Sales Tax Fund Balance Totals Debt issued to fund capital projects: 2004 Sales Tax Revenue Note - $10,000,000 issued 12/22/2004, matured 12/01/2011 2005 Sales Tax Revenue Note - $10,000,000 issued 10/24/2005, matures 12/01/2012 2007 Sales Tax Revenue Note - $10,000,000 issued 09/10/2007, matures 09/01/2014 2008 Sales Tax Revenue Note - $7,680,000 issued 12/09/2008, matures 12/01/2018 3,227.85 Jul $1,521,672.39 507,224.13 135,500.00 136,424.79 138,220.24 44,266.67 18.38 52,830.81 56,058.66 Aug $1,485,585.66 495,195.22 135,500.00 136,424.79 138,220.25 44,266.67 42.20 40,825.71 96,884.37 Sep $1,485,891.81 495,297.27 135,500.00 136,424.79 138,273.39 44,266.67 1,000.00 71.33 39,903.75 136,788.12 Oct $1,517,700.88 505,900.29 135,500.00 136,424.79 138,272.39 44,266.68 3,000.00 91.44 48,527.87 185,315.99 Nov $1,420,986.61 473,662.20 135,500.00 136,424.79 138,272.39 44,266.67 93.99 19,292.34 204,608.34 Dec $1,488,693.19 496,232.06 135,500.00 136,424.80 138,272.39 44,266.65 126.63 41,894.85 246,503.19 Jan $1,655,568.87 551,856.29 114,122.38 138,272.39 99,716.67 199,744.85 446,248.04 Feb - 446,248.04 Mar - 446,248.04 Apr - 446,248.04 May - 446,248.04 Jun - 446,248.04 Cl Trans - 446,248.04 $10,576,099.41 $3,525,367.47 $813,000.00 $932,671.13 $967,803.44 $365,316.68 $4,000.00 $443.97 $443,020.19 446,248.04 Totals Debt issued to fund capital projects: 2004 Sales Tax Revenue Note - $10,000,000 issued 12/22/2004, matured 12/01/2011 2005 Sales Tax Revenue Note - $10,000,000 issued 10/24/2005, matures 12/01/2012 2007 Sales Tax Revenue Note - $10,000,000 issued 09/10/2007, matures 09/01/2014 2008 Sales Tax Revenue Note - $7,680,000 issued 12/09/2008, matures 12/01/2018 City of Owasso Monthly Sales Tax Revenues Last Five Fiscal Years $10,576,099.41 $17,528,942.91 $17,266,691.76 $17,343,313.27 $16,564,163.96 2011 -2012 2010 -2011 2009 -2010 2008 -2009 2007 -2008 Jul $ 1,521,672.39 $ 1,485,552.57 $1,523,296.22 $1,463,146.16 $1,341,097.93 Aug 1,485,585.66 1,409,806.38 1,457,190.41 1,420,417.94 1,322,978.99 Sep 1,485,891.81 1,433,235.57 1,384,785.99 1,453,976.96 1,312,193.14 Oct 1,517,700.88 1,467,321.34 1,386,073.05 1,453,905.08 1,361,802.72 Nov 1,420,986.61 1,362,551.29 1,222,181.35 1,358,986.71 1,335,464.66 Dec 1,488,693.19 1,423,010.85 1,481,442.33 1,497,046.05 1,315,944.77 Jan 1,655,568.87 1,640,741.37 1,558,964.00 1,662,272.89 1,628,566.99 Feb 1,675,132.30 1,660,458.42 1,621,964.23 1,575,026.08 Mar 1,327,302.74 1,283,250.04 1,299,354.84 1,292,129.15 Apr 1,310,850.43 1,288,894.21 1,289,190.50 1,313,532.63 May 1,506,255.74 1,506,435.50 1,430,199.15 1,333,170.96 Jun 1,487,182.33 1,513,720.24 1,392,852.76 1,432,255.94 $10,576,099.41 $17,528,942.91 $17,266,691.76 $17,343,313.27 $16,564,163.96 CITY OF OWASSO CAPITAL IMPROVEMENTS FUNDS EXPENDITURES FOR THE PERIOD JULY 2011 THROUGH DECEMBER 2011 Date GL Account 7/28/2011 40- 300 - 055 -54280 10/20/2011 40- 300 - 055 -54280 11/29/2011 40- 300 - 055 -54210 12/14/2011 40- 300 - 055 -54005 12/21/2011 40- 300 - 055 -54210 Vendor WAGNON CONSTRUCTION OKLAHOMA DEPT OF TRANSPORTATION OKLAHOMA DEPT OF TRANSPORTATION SEVEN C'S ENTERPRISE OKLAHOMA DEPT OF TRANSPORTATION 9/15/2011 40- 300 - 060 -54005 JOSEPH DOUGLAS 9/15/2011 40- 300 - 060 -54005 SEVEN C'S ENTERPRISE 9/29/2011 40- 300 - 060 -54280 SISEMORE WEISZ & ASSOCIATES 11/29/2011 40- 300 - 060 -54280 SISEMORE WEISZ & ASSOCIATES 12/14/2011 40- 300 - 060 -54005 SEVEN C'S ENTERPRISE 12/29/2011 40- 300 - 060 -54210 PSA- DEWBERRY 12/29/2011 40- 300 - 060 -54210 PSA- DEWBERRY Description RELOCATE SCOREBOARD 86TH STREET WIDENING- MAIN /MEMORIAL 86TH STREET WIDENING- MAIN /MEMORIAL RIGHT OF WAY DOCUMENT FILING FEES 86TH STREET WIDENING- MAIN /MEMORIAL 86TH STREET MAIN - MEMORIAL EASEMENT /RIGHT OF WAY ACQUISITION EASEMENT /RIGHT OF WAY ACQUISITION STAKING - UTILITY RELOCATION SURVEY FOR EASEMENT ROW DOCUMENT FILING FEES ENGINEERING SERVICES ENGINEERING SERVICES 106TH /GARNETTINTERSECTION NOTE: THE BELOW INVOICE WAS PAID AFTER JULY 25, 2011 SALES TAX WATCHDOG MEETING, PERIOD 13, FISCAL YEAR 2011 7/28/2011 40- 300 - 060 -54210 PSA- DEWBERRY ENGINEERING SERVICES 106TH /GARNETTINTERSECTION Amount 8,400.00 1,097,881.40 198,208.61 26.00 349,388.54 1,950.00 1,300.00 1,300.00 247.50 28.00 319.95 2,987.50 Protect Total $1,653,904.55 $8,132.95 $1,662,037.50 1,485.00 $1,485.00 SALES TAX PROJECTS WATCHDOG COMMITTEE PROGRESS REPORT FY 2011 -2012 CAPITAL IMPROVEMENTS FUND PROJECTS Progress Report #58 Dated 12/31/11 PROJECT Cost Estimate Expended Design Bid Construction 86th Street Main - Memorial 2,720,000 2,402,243 106th /Garnett Intersection 2,410,000 755,859 Street Improvements FY 2012 587,485 0 Sports Park Restroom 160,000 140,519 Total $ 5,877,485 $ 3,298,621 COMPLETED PROJECTS rot Dept Expended omp a ion Computerization TCC/TTC Land 064 150 3,076,475 02/02/09 Quality of Life Initiative 075 150 118,710 07/25/11 Fire Station #2 Remodel 023 250 248,468 07/28/08 New Fire Station #3 029 250 2,199,155 02/02/09 86 & Main Intersection ROW 011 300 303,625 07/24/04 96 & 129 E Ave Intersection 022 300 1,747,745 01/23/06 96 & Hwy 169 Interchange 027 300 1,349,964 01/23/06 Garnett Widening (86 to 96) 020 300 5,601,858 01/22/07 96 Str Widening (Garnett to Owasso Mkt) 025 300 4,929,552 01/22/07 Intersection Engr. Prelim 035 300 100,000 07/23/07 Street Improvements FY2007 042 300 807,746 01/21/08 86th & Mingo Intersection 013 300 861,524 07/28108 Main Street Redevelopment 047 300 29,384 07/27/09 Street Improvements FY 2008 053 300 1,210,046 07/27/09 86th Street Widening 020 300 3,319,241 01/25110 129th E Ave Widening 021 300 8,620,898 01/25/10 TTC/TCC Access Road 061 300 1,559,679 07/25/11 Street Improvements FY2009 062 300 937,633 07/25/11 Street Improvements FY2010 071 300 236,038 07/25/11 Silvercreek Drainage 034 370 877,049 01/22/07 YMCA Pool 030 515 1,000,000 01/22107 Sports Park Expansion through FY07 024 515 2,062,418 01/21/08 Sports Park Baseball Field #1 058 515 488,429 07/27/09 Sport Park FY 2009 Waterline 065 515 22,253 07/26/10 Total Capital Improvement Projects: $ 42,332,371.74 Legend: I X I -In Progress Complete -Not Applicable