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HomeMy WebLinkAbout2015 08_Vision 2025 Excess Funds Projects_2015.04.21CITY OF OWASSO OKLAHOMA RESOLUTION 2015 -08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF OWASSO OKLAHOMA RECOMMENDING PROJECTS FOR VISION 2025 EXCESS FUNDS WHEREAS, on the 51h day of November 2014, the Tulsa County Vision Authority approved a resolution providing a process for the distribution of excess Vision 2025 sales tax funds for cities in Tulsa County; and WHEREAS, the Tulsa County Vision Authority determined Owasso shall be eligible to receive not less than $6,882,761 in funding to be distributed among three propositions: Proposition #2- $457,056 Available to fund capital improvements for the purpose of promoting economic development Proposition #3- $2,496,320 Available to fund educational, health care, and events facilities for the purpose of promoting economic development Proposition #4- $3,929,385 Available to fund capital improvements for community enrichment, including parks, trails, downtown and neighborhoods; and WHEREAS, the City Council after having received a recommendation from the Capital Improvements Committee that the following projects be submitted to the Tulsa County Vision Authority for consideration for funding through excess Vision 2025 sales tax: Proposition #2: Intersection Improvements at East 19th Street and North Garnett Road Proposition #3: Sports Complex Improvements Proposition #4: Downtown Improvements Trails Neighborhoods - Quality Park Improvement Project NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OWASSO OKLAHOMA that: The projects heretofore designated be submitted to the Tulsa County Vision Authority for consideration as eligible for excess funding through the Vision 2025 sales tax, to wit, Proposition #2, Intersection Improvements at East 19th Street and North Garnett Road; Proposition #3, Sports Complex Improvements, and Proposition #4, Downtown Improvements, Trails, Neighborhoods Quality Park Improvement Project. +0 1 �4 j ATTEST: Sherry Bish&p, City Clerk APPROVED AS TO FORM: �dY✓J,� Juli ombardi, City Attorney DATED this 21st day of April, 2015 Jkji2ooberly, Mayor The cy it Wit out Limit ��7� s. To: The Honorable Mayor and City Council �� 0ou City of Owasso /t X11 z � . o Mme �v From: Teresa Willson Information Technology Director Subject: Resolution 2015 -08 Vision 2025 Excess Funds Projects Date: April 17, 2015 BACKGROUND: In late 2014, the Tulsa County Vision Authority approved a resolution that states Owasso is eligible to receive excess Vision 2025 funds totaling $6,882,761. The Vision 2025 tax was approved by Tulsa County voters on September 9, 2003. This one penny increase in Tulsa County sales tax was approved in four propositions for regional economic development and capital improvements. Proposition #I was intended for Boeing when it was considering locating in Tulsa and, although approved, it never went into effect because Boeing selected a location other than Tulsa. Therefore, the remaining sales tax for approved propositions 2 - 4, totaling six - tenths of a penny is currently being collected for Vision 2025. Funding for the original approved projects has been collected, and excess funds are now becoming available. Previously, funding for the BOK Center and the Cox Convention Center projects was increased by $45,500,000. At that time, it was determined that the first $45,500,000 in excess funds collected would be distributed to the remaining communities in Tulsa County, The Vision Authority used 2013 census estimates to determine by population the amounts available for each community. The Authority further determined cities may submit projects proposals from December 1, 2014 through June 1, 2015. PROPOSITIONS FOR ELIGIBLE FUNDING As stated in the background, Proposition #1 did not go into effect, leaving three remaining propositions. The propositions and funding for each that is now coming available to Owasso are: Proposition #2 - $457,056 Available to fund capital improvements for the purpose of promoting economic development Proposition #3- $2,496,320 Available to fund educational, health care, and events facilities for the purpose of promoting economic development Proposition #4 - $3,929,385 Available to fund capital improvements for community enrichment, including parks, trails, downtown and neighborhoods Proposition funding cannot be combined, and projects cannot span multiple propositions. The projects will be considered for approval by the Tulsa County Vision Authority. The Authority has advised communities to bring forth projects that exceed the available funding to ensure the utilization of all the Vision funds without any balances remaining. The Authority is comprised of the Tulsa County Commissioners, and mayors from Tulsa, Broken Arrow, Jenks and Glenpool. While the propositions appear to encompass very broad purposes (economic development and community enrichment), cities have been advised that projects must be capital projects that meet the original definitions of the propositions and the intent of the voters who passed Vision 2025 in the 2003 election. PROCESS: The process Owasso determined best for recommending projects was to first utilize the body responsible for considering capital improvement projects, the Owasso Capital Improvement Committee. Prior to presenting proposed projects to the City Council, staff has sought public input on the projects. The Owasso Capital Improvement Committee approved a recommendation of projects on February 24, 2015. Then on March 2, 2015, a public input meeting was conducted that was lightly attended with approximately 12 residents. Comments at the meeting regarding the proposed projects were favorable. Since the meeting, both online and through email, additional desires have been received, the most notable being an outdoor pool. Once the Owasso City Council has taken action on the recommendation, projects will be submitted to the Tulsa County Vision Authority, via INCOG and PMG, acting as intermediary for the Authority. The Authority will conduct a public hearing and take action on the projects. Upon approval by the Vision Authority, Tulsa County and the City of Owasso will enter into an agreement that will clarify the requirements for project status reports, reimbursement and any other considerations necessary for the successful completion of the projects. The Owasso Economic Development Authority was presented information on the projects on March 12, 2015, and subsequently approved a motion to endorse the projects. FUNDING: Some funds may be available immediately, as needed by communities, and according to the current fund balance for the Vision 2025 sales tax. Cities may seek reimbursement by submitting invoices according the requirements as stated in the agreement with the County. If needed, Cities may seek to utilize a bond through the County to provide funding for projects. Project expenses that exceed the funding approved by the Authority will be the responsibility of the City. CONSIDERATIONS: These recommendations are being made based on the qualifying criteria and intent of the voters as determined by the propositions' definitions, as well as input from Owasso citizens and the resulting data that has been collected over the past 13 -14 years. The Authority has consistently communicated to cities that projects need to fit the proposition language and intent of the original Vision 2025 sales tax as approved by voters. Three major studies have occurred that consistently reinforced the need for community amenities that enrich the lives of our residents and impact the economic growth of our community. In addition to these studies, each year the Capital Improvement Committee reviews a comprehensive list of needs to identify future capital projects for the city. The studies and this list have served as resources for developing recommended projects. The Owasso Downtown Development District Conceptual Plan and Implementation Strategy was completed in 2001, and lay the groundwork for improvements made along Main Street that have resulted in a more active and vibrant downtown. Only one historic building remains in the downtown area, now home to the Owasso Historic Museum. Vital to the area is the preservation of this building, and retaining anchor buildings, including the existing City Hall, future City Hall, and the Owasso Library. Downtown has seen increased activity in recent years with several small shops opening in the area. The Gathering on Main downtown festivals have brought thousands of visitors to the area for events held from spring to fall. The recently proposed Owasso Downtown Overlay District will promote quality growth, ensure investments made by current and future developers will maintain property values in not only downtown but the entire original town area, and help create a sense of place for residents. The Owasso Quality of Life Study completed in 2010, solicited and received input from residents through public meetings, and online civic engagement and surveys to determine the amenities residents most wanted to see develop in Owasso to provide not only a high quality of life for those who currently live here, but to keep young residents from leaving, and to attract quality jobs. The results show that residents desire community amenities that promote healthy lifestyles, fitness and wellness. They desire trails, expanded youth sports opportunities, and streets that accommodate pedestrians, bicycles, and cars. There were many findings in the Quality of Life study that provide guidance for the development of projects, including those being submitted for the Vision 2025 excess funds. The 2030 Land Use Master Plan, entitled GrOwasso, was adopted by the Owasso City Council in 2014. This master plan provides a blueprint for growth and development in the City of Owasso over the next 20 years. The Plan is a long term general guide for a desired future development pattern in Owasso. It takes into account input from residents, businesses, land holders, school officials, and other stakeholders in the community. PROJECTS: Proposition #2: The recommended project is intersection improvements at East 19th Street and North Garnett Road. This project is being sought for Vision funding as it is the result of the development agreement between the City and the developer building Academy Sports and Outdoors. This project meets the criteria as a capital improvement for the purpose of promoting economic development. At this time, staff estimates this project at $460,000. Proposition #3: Capital improvements to the Owasso Sports Complex are being recommended for this proposition. Each year, thousands of visitors utilize the City's sports park resulting in a significant economic impact from shopping, dining and lodging in Owasso. Improvements to parking lots, lighting and spectator areas will have a significant impact in the ability to host tournaments at the park, thus, increasing the economic benefit to our community. These projects meet the criteria as capital improvements to events facilities for the purpose of promoting economic development. Staff has estimated these projects at $2,585,000. Proposition #4: There are three projects being proposed for this proposition. The first project is Downtown Improvements. Intersection improvements at East 761h Street North and Main Street are a continuation of the original improvements to the downtown area and recommended in this project. The development of a downtown Festival Market Place is another feature of this project. These projects meet the criteria for downtown improvements according to the proposition. The current estimate for this project is $2,100,000. The second project being proposed for Proposition #4 is trails. The first proposed trail is the Ranch Creek Trail and extends from East 76th Street.North near Mingo Road, through a wooded area of land donated to the City, to McCarty Park. The second proposed trail is the Heart Healthy 5K Trail to be located at the Owasso Sports Complex. This trail will allow residents to utilize on a daily basis, as well as serve as a location for community sponsored 5K events. These projects meet the criteria for trails according to the proposition. The current estimate for this project is $1,130,000. The third and final project for Proposition #4 is the Quality Park Improvement Project for Owasso neighborhoods. This project includes several upgrades and additions to City parks that serve as a community enrichment and as a regional draw, such as the Skate Park, Rayola Park, proposed Dog Park, and the Owasso Sports Park. The goal of this project is to improve existing facilities and bring amenities expressed as a desire by residents through our Quality of Life study of 2010, and the 2030 Land Use Master Plan, adopted in 2014. Amenities that improve the quality of life of its residents are also shown to be a significant consideration for companies in the selection of a community in which to locate corporate offices. Owasso and the Tulsa Chamber were successful in attracting Macy's to the area, but there are many businesses that have passed on locating in this region. These improvements will provide a much needed boost in assisting in attracting new jobs to the area. The improvements in this project include: Feature Spray Park at the Owasso Sports Complex Extension and improvements to the spray pad at Royale Park Dog Park Skate Park lighting Replacement shelter at Elm Creek Park This project meets the criteria for community enrichment and neighborhoods according to the proposition. Staff estimate for this project is $1,250,000. RECOMMENDATION Staff recommends approval of Resolution 2015 -08 to submit listed projects to utilize funding from Vision 2025 excess funds, as approved by the Tulsa County Vision Authority. Proposition #2: Intersection Improvements at East 19th Street and North Garnett Road Proposition #3: Sports Complex Improvements Proposition #4: Downtown Improvements Trails Neighborhoods - Quality Park Improvement Project ATTACHMENTS Resolution 2015 -08 Vision Authority Resolution All q. O.. -3r. r5•. »3.€ sr• X�a-�a Notice of this special meeting of the Authority having been given in writing to the Couaty Clerk of Tulsa County, Oklahoma, forty eight (48) hours prior to said meeting and public notice and agenda of this meeting having been posted in prominent view in the Tulsa County Administration Building, Tulsa, Oklahoma, twenty-four (24) hours prior to this meeting, excluding Saturdays, Sundays and legal holidays, all in compliance with the Oklahoma Open Meeting Act. THEREUPON, a Resolution was introduced and read in fal and considered by sections. Upon motion of Trustee ,.r , seconded by Trustee the Resolution was finally passed with the following vote: i f'IZ' The Resolution was thereupon signed by the Chairman of Trustees of the Authority and attested and sealed with the seal of the Authority by the Secretary of Trustees and is as follows: 14113.1 RESOLUTION A RESOLUTION ESTABLISHING THE PROCESS TO BE IMPLEMENTED BY THE AUTHORITY RELATING TO THE FUNDING OF ADDITIONAL PROJECTS WITH EXCESS FUNDS GENERATED FROM THE TULSA COUNTY SALES TAX APPROVED SEPTEMBER 9, 2003, IN PROPOSITIONS 2-4, INCLUSIVE; AUTHORIZING SUCH DOCUMENTS AND AGREEMENTS AS MAY BE NECESSARY OR REQUIRED; AND CONTAINING OTHER PROVISIONS RELATING THERETO. WHEREAS, the Authority was created by a Declaration of Trust, dated as of June 26, 2006, for the use and benefit of Tulsa County, Oklahoma (the "County"), the City of Tulsa, the City of Bixby, the City of Broken Arrow, the City of Collinsville, the City of Glenpool, the City of Jenks, the City of Owasso, the City of Sand Springs, the City of Skiatook and the Town of Sperry under authority of and pursuant to the provisions of Title 60, Oklahoma Statutes 2011, Section 176 to 180.3, inclusive, as amended and supplemented, and other applicable statues of the State of Oklahoma; and WHEREAS, the Authority was created for the purpose, among others, to determine which additional projects shall be funded with excess funds generated from the Tulsa County sales tax approved September 9, 2003, in Propositions 2-4, inclusive, (the "Vision Sales Tax ") as provided in Section 8 of each of the three Board of County Commissioners Resolutions adopted July 7, 2003, calling such Tulsa County sales tax election relating to Propositions 2-4 inclusive; and WHEREAS, the Authority has previously increased the funding to the City of Tulsa, Oklahoma for the purpose of completing the BOK Center and Cox Convention Center projects by $45,500,000.00 and in connection therewith it was determined that the next $45,500,000.00 in excess Vision Sales Tax would be allocated by the Authority to the remaining beneficiary communities of Tulsa County; and WHEREAS, the Board of County Commissioners by resolution dated October 27, 2014, have determined that there will exist excess funds generated by the Vision Sales Tax in an amount of at least Forty Five Million Five Hundred Thousand and no/loos Dollars ($45,500,000.00); and WHEREAS, the Authority has determined to establish the process by which the next $45,500,000.00 of excess funds of the Vision Sales Tax will be allocated to projects for the benefit of the beneficiary communities of Tulsa County. BE IT RESOLVED BY THE TRUSTEES OF THE TULSA COUNTY VISION AUTHORITY: aection 1. The Authority hereby determines that the $45,500,000.00 in excess Vision Sales Tax shall be used to fund projects which are described in the ballot language approved for each of the Propositions 2-4 in the following amounts for each Proposition: Proposition 2 Prop 2 Share Fund Capital Improvements for the purpose of Prop 4 Share promoting economic development: $3,021,470 Proposition 3 $ 1,940,505 Fund Educational, Health Care and Events Facilities $ 5,350,290 for the purpose of promoting economic development: $16,502,470 Proposition 4 $11,192,958 Purpose of Capital Improvements for Community Collinsville Enrichment: $25,976,060 Total: $45,500,000 Section 2. The Authorityhereby determines that the above amounts for each proposition will be allocated to fund projects for the benefit of the following beneficiary communities based upon the population of such communities residing in Tulsa County, to the total population of all such communities in Tulsa County. Such population shall be determined from the 2013 census estimates for Tulsa County as compiled by the Indian Nations Council of Governments. The calculation of such population percentages and proportionate amounts allocated to each beneficiary community is set forth on Exhibit A attached hereto. The proportionate share for each community is hereby set forth: Community Prop 2 Share Prop 3 Share Prop 4 Share Total Bixby $ 355,291 $ 1,940,505 $ 3,054,494 $ 5,350,290 Broken Arrow $1,301,937 $ 7,110,834 $11,192,958 $ 19,605,729 Collinsville $ 94,530 $ 516,300 $ 812,693 $ 1,423,523 Glenpool $ 179,204 $ 978,762 $ 1,540,641 $ 2,698,607 Jenks $ 288,003 $ 1,572,996 $ 2,476,007 $ 4,337,006 Owasso $ 457,056 $ 2,496,320 $ 3,929,385 $ 6,882,761 Sand Springs $ 292,075 $ 1,595,239 $ 2,511,019 $ 4,398,333 Skiatook $ 34,863 $ 190,411 $ 299,720 $ 524,994 Sperry $ 18,511 $ 101,103 $ 159,143 $ 278,757 Total $3,021,470 $16,502,470 $25,976,060 $ 45,500,000 By agreement, the communities may transfer allocation between proposition purposes with other communities. Any such transfer of allocations would require confirmation by resolution of the governing bodies of each community to be delivered to the Authority with the communities specific project requests referred to in Section 3 below. Sectlou 3. Each of the above stated communities shall submit specific project requests to the Authority pursuant to the application form previously delivered to such communities by letter of the Chairman of the Board of County Commissioners dated October 7, 2014. Such requests will be submitted to INCOG between the dates of December 1, 2014 and June 1, 2015. INCOG shall report to the Authority and following a public hearing, the Authority will consider such requests to determine that the purpose of such project falls within the stated purpose of the proposition which will fund such project. Section 4. Upon determination by the Authority that a specific project is approved, the sponsoring community will be notified and will be required to enter into a funding agreement with the Board of County Commissioners (and if funded with bond proceeds, the Tulsa County Industrial Authority) in the same form previously used with Vision 2025 projects. The funding agreement will address the timing availability of the excess funds, the possibilities of advanced funding with bond proceeds, the costs associated with advanced funding, the disbursement process and related matters. Any costs associated with the advanced funding of a project with bond proceeds will need to be paid by the sponsoring community either with a portion ofe projects allocation of excess funds or from other sources of the sponsoring community. Section 5. The Chairman or Vice Chairman of Trustees and the Secretary or any Assistant Secretary of Trustees of the Authority be, and they hereby are, authorized and empowered for and on behalf of the Authority, to execute and deliver such agreements and documents and to take such action as such officer or officers may deem necessary or desirable in order to carry out and perform the transactions contemplated in this Resolutions and any contracts, documents, or instruments executed and delivered in connection therewith. ADOPTED the 5th day of November, 2014. d 1, the undersigned, the duly qualified and acting Secretary of Trustees of the Tulsa County Vision Authority, hereby certify that the foregoing is a true, correct and complete copy of a Resolution of the Trustees of the Authority held on the date therein stated as the same appears in the minutes of said meeting on file in my office as a part of the official records thereof. I further certify that a true and complete copy of the Public Notice, attached hereto as Exhibit was posted in prominent public view at the Tulsa County Administration Building, 500 South Denver, Tulsa, Oklahoma, twenty-four (24) hours prior to the date of the meeting therein described, excluding Saturdays, Sundays and legal holidays. I further certify that a true, correct and complete copy of the notice of this special meeting of the Authority was filed in the office ofthe County Cleric ofTulsa County, Oklahoma, at least forty eight (48) hours prior to said meeting as proscribed by law. (S WPCNESS my hand and seal of said Authority this 5th day of November, 2014. OWMIM AH Exhibit A VWon 2025 Surplus AndyM Tuba Counh Share of P W&don Outride atv of Tuba 2013 tenon awmat x Place Total PoPutation PopuWW In Tuba Part In Other Coin Share of Tuba 23 23 2 195 11.8% Broken Amm 103 84,3 19,101 43.1% Co0ltndlle 61131 6,128 3 3.1% 1L617 J 17 5.9% Jenks IU70 18.670 9.5% ow ww 32,472 29,629 2,843. 15.1% Sew 19,339 18,934 405 9.7% Skiatook 7.682 2,260 S 22 L2% 2,229 29 ON Total 223,860 MA69 27999 100.0%