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HomeMy WebLinkAbout2001.07.09_Sales Tax Watchdog Committee AgendaM r PUBLIC NOTICE OF THE MEETING OF THE OWASSO SALES TAX WATCHDOG COMMITTEE TYPE OF MEETING: Regular DATE: July 9, 2001 TIME: 7:00 p.m. PLACE: Council Chambers, Owasso Community Center Notice and agenda filed in the office of the City Clerk and posted on the City Hall bulletin board at 8:00 a.m. on Thursday, July 5, 2001. Marci Boutwell, Commi ee Secretary AGENDA 1. Call to Order ............................................................................. .............................Mr Philippi 2. Roll Call .................................................................................. .............................Ms Boutwell 3. Request Approval of Minutes of January 8, 2001 Regular Meeting ..................... Mr Philippi Attachment #3 4. Presentation and Discussion of Financial Reports ................... ............................... Ms Bishop Attachment #4 Owasso Sales Tax Watchdog Committee July 9, 2001 Page 2 5. General Discussion of Projects and Progress Report ................... ............................... Mr Lutz Attachment #5 6. Request Approval of Completion Reports .............................. ............................... Mr Philippi A. Intersection & Signalization Improvements B. 96th Street North Roadway & Signalization Attachment #6 7. Consideration and Approval of Progress Report for Public Distribution .............. Mr Philippi Attachment #7 8. New Business ............................................................................ .............................Mr Philippi 9. Adjournment SALES TAX WATCHDOG COMMITTEE City of Owasso January 8, 2001 The Owasso Sales Tax Watchdog Committee met in special session on Monday, January 8, 2001 at 7:00 p.m. in the Owasso Community Center per Notice of Public Meeting and Agenda posted on the City Hall bulletin board at 8:00 a.m. on Thursday, January 4, 2001. ITEM 1: CALL TO ORDER Chairman Michael Philippi called the meeting to order at 7:00 p.m. ITEM 2: INTRODUCTION OF NEW MEMBERS Committee members introduced themselves to the two new members of the committee, Donnie Johns and Rayma Harchar. ITEM 3: ROLL CALL MEMBERS PRESENT: Murray Adams, Danny Ewing, Glenna Gay, John Groth, Rayma Harchar (in at 7:05), Steve Holleman, Pam Holt, Donnie Johns, Tom Kimball, Willard Mills, Michael Philippi, Vicki Tapp, Pat Woods k MEMBERS ABSENT: John Stieger STAFF PRESENT: Sherry Bishop, Marcia Boutwell, Tim Rooney, Phil Lutz ITEM 4: REQUEST APPROVAL OF MINUTES OF OCTOBER 9, 2000 SPECIAL MEETING. Mr Ewing moved, seconded by Ms Gay, to approve the minutes as written. Motion carried 12 -0. ITEM 5: DISCUSSION OF COMMITTEE CRITERIA & POLICIES Mr Philippi said that this item was placed on the agenda as an orientation for the new members of the committee. There were no questions regarding the criteria & policies. ITEM 6: PRESENTATION AND DISCUSSION OF FINANCIAL REPORTS. Ms Bishop discussed the financial reports. Items discussed included projects in the bond projects fund. She also discussed expenditures in the Capital Improvements Fund projects. There was a question regarding the firearms range. Ms Bishop explained that the project had been dropped from funding the funds remaining in the original budget reallocated to other projects. At this time there are no plans to continue with that project. Sales tax collections and the restricted use of one percent of the tax were also discussed. Mr Ewing asked that the committee be provided with a comparison of taxes collected with those collected last year at the same time. Sales Tax Watchdog Committee January 8, 2001 OPage 2 ITEM 7: GENERAL DISCUSSION OF PROJECTS & PROGRESS REPORT Mr Lutz gave a detailed status report from the bond project fund, as well as from the capital improvements fund. There was a lengthy discussion relative to the 86' & Main intersection project, the traffic signals on 96`'' St near Owasso Market, and the 76' & Highway 169 intersection projects. Mr Groth asked about the construction of sidewalks as apart of the N Main St project. A grant has been received for that purpose. ITEM 8: REQUEST APPROVAL OF COMPLETION REPORT A. NORTH MAIN STREET REHABILITATION PROJECT B. COMMUNITY CENTER RENOVATION The North Main Street Rehabilitation Project was completed in December 2000 and accepted by the City Council on December 19, 2000. The project consisted of milling & overlaying the existing pavement surface on N Main St between First & Eleventh Streets. A contract was awarded to Horizon Construction Co in the amount of $84,709.31 for the milling & drainage work. One change order was issued, and the final amount was $109,217.45. The overlay work was performed by Tulsa county under an interlocal agreement, with materials furnished by the City. The Community Center Renovation project consisted of re- roofing the Community Center and carpet replacement. The re- roofing project was a bond project and was completed in March 2000 as a cost of $76,941.43. $35,000 in CDBG funds was received for carpet replacement and that project was completed in April 2000. This completion report was placed on the July 2000 Watchdog agenda, but committee members tabled approval of the report until the next regular meeting of the committee. because some of the CDBG funds remained and were to be used for window replacement. However, since this portion of the project comes from grant funds and not bond funds, it is appropriate to approve that portion of the project completed with bond funds. Ms Gay moved, seconded by Ms Tapp, to approve the two completion reports. Motion carried 13 -0. ITEM 9: CONSIDERATION AND APPROVAL OF PROGRESS REPORT FOR PUBLIC DISTRIBUTION. The Committee discussed the Progress Report for the period ending December 31, 2000. A question was raised regarding the Firearms Range. It was suggested that the bid and construction portions of that project be listed as N (not applicable) since there are no longer funds for the project. Mr Philippi moved, seconded by Mr Mills, to approve the Progress Report with the suggested change. Motion carried 13 -0. It was suggested that a newspaper article might accompany the progress report explaining the status of the traffic signals at 96`x' St N & Highway 169. ITEM 10: NEW BUSINESS The status of the 66" St N closing was discussed, as well as the design for the 76' St N & Highway 169 intersection. A question was also raised concerning traffic congestion in the vicinity of the high school. Sales Tax Watchdog Committee January 8, 2001 Page 3 ITEM 11: ADJOURNMENT With no further business to come before the committee, Mr Mills moved for adjournment. Motion was seconded by Mr Kimball and the meeting adjourned at 8:10 p.m. Marcia Boutwell, Secretary �01 Michael Philippi, Chairperson City of Owasso - Bond Projects Fund Sales Tax/Capital Future Fund /Revenue Bonds October 1997 Election As of June 30, 2001 Original Cost Streets: Amended Project Budget 86th Street (Cedar to Main) 2,430,000 86 & Mingo Intersection 580,000 86 & 145 E Ave Intersection 775,000 N Main (1st to 9th) 280,000 ROW 76 & Hwy 169 (Engr) 100,000 Street & Intersection Project: 1,385,000 76 & 129 E Ave Intersection 116 & Garnett Intersection 86 & 123 E Ave Intersection 86 (Main to Mingo) Street Resurfacing Project: Atlanta (3rd to 11th) Carlsbad (3rd to 7th) & Beaumont 129 E Ave (High School to 93) 11 Street (Main to Cedar) Facilities: Original Project Budget Amended Project Budget 2,383,200 2,310,000 525,300 605,000 703,600 1,166,000 223,300 215,000 100,000 100,000 1,241,528 1,590,000 471,000 462,000 966,581 City Hall /Police Station 3,000,000 Community Center 200,000 Sports Park: 85,000 Parking Lot 150,000 Restroom 65,000 Four -plex & Soccer Fields 285,000 Administration: 0.3% Project Manager Salary 1,165,040 Architect/Engineer Fee 100% Program /Construction Mgmt Services Fee Available: 2,509,528 4,270,000 171,593 97,705 124,700 88,779 65,000 85,000 285,000 302,901 142,000 125,909 562,171 668,878 238,080 213,369 Expended to Date Contracts 327,932 2,650 1,680 960 186,214 69,886 5,954 1,614,026 - 966,581 2,428,714 1,575,165 100,205 88,779 85,000 302,901 125,909 687,115 6,563 215,285 49,920 0 100.0% 100% 266,121 Percent Remaining of Budget Percent Budget Expended Complete 1,979,418 14.2% 100% 603,320 0.3% 100% 1,165,040 0.1% 100% 28,786 86.6% 100% 24,160 69.9% (24,026) 101.5% 100% 0 100.0% 100% 266,121 56.9% (2,500) 102.6% 100% (0) 100.0% 100% - 100.0% 100% (0) 100.0% 100% (0) 100.0% 100% (24,800) 102.7% (51,836) 100.9% Contingent Project 262,000 262,000 - - - Total $9,983,000 $9,999,000 $12,805,122 $7,201,187 $1,640,252 $3,963,683 56.2% City of Owasso - Bond Projects Fund Sales Tax/Capital Future Fund /Revenue Bonds October 1997 Election As of June 30, 2001 Fundino Source Revenue Bond proceeds Sales Tax & Capital Future Funds Capital Improvements Fund Interest (all funds) Total - original funding sources Additional funding sources: ODOT grant (86 & Main) - approved ODOT grant (86 & Mingo) Jail Grant E - 911 Fund - FY 2002 Budget Sale of old City Hall Bldg Total - additional funding sources Total all funding sources - 750,000 - 750,000 - 600,000 - 600,000 - 90,000 90,000 - - 250,000 250,000 - - 1,690,000 340,000 1,350,000 $ 9,999,000 $ 12,838,178 $11,416,089 $ 1,422,089 Actual Original Projected Revenue Remaining Estimate Funding to Date Funding 7,460,000 7,450,889 7,450,889 (0) 2,170,000 2,205,289 2,205,289 (0) 269,000 269,000 269,000 - 100,000 1,223,000 1,150,911 72,089 9,999,000 11,148,178 11,076,089 72,089 - 750,000 - 750,000 - 600,000 - 600,000 - 90,000 90,000 - - 250,000 250,000 - - 1,690,000 340,000 1,350,000 $ 9,999,000 $ 12,838,178 $11,416,089 $ 1,422,089 City of Owasso Sales Tax Extension Capital Improvements Fund Projects Project Status Summary Report As of June 30, 2001 Percent Original Amended Expended Contracts & Remaining of Budget Budget Budget to Date Encumbrances Budget Expended 96th Str Signalization (Walmart) $ 554,975 554,975 547,514 $ 1,807 5,654 98.7% Computerization 625,000 617,272 448,043 169,229 72.6% Hale Acres Drainage Project 59,925 59,925 39,264 20,661 65.5% Hwy 169 Enhancement 34,100 34,100 20,466 9,100 4,534 60.0% 76th & Hwy 169 Engineering 112,974 112,974 112,974 - 100.0% $1,386,974 $1,379,246 $ 1,168,261 $ 10,907 $ 200,078 84.7% City of Owasso Sales Tax Collections and Restricted Use of One Percent Fiscal Year 2000 -2001 Debt Service Payments Three Percent 1997 Revenue Sales Tax One Percent Capital Future Refunding 1998 Revenue Excess to Capital Collection Sales Tax (1/3) Fund* Bonds Bonds Improvements Fund Jul 555,956.58 185,318.86 27,797.83 42,640.00 82,188.75 32,692.28 Aug 515,693.51 171,897.84 25,784.68 39,023.33 81,742.08 25,347.75 Sep 574,244.87 191,414.96 28,712.24 39,023.33 81,742.08 41,937.30 Oct 557,181.50 185,727.17 27,859.08 39,023.33 81,742.08 37,102.68 Nov 538,923.33 179,641.11 26,946.17 38,432.48 82,188.75 32,073.71 Dec 595,405.06 198,468.35 29,770.25 38,432.48 82,188.75 48,076.87 Jan 612,817.16 204,272.39 30,640.86 40,432.48 82,188.75 51,010.30 Feb 759,589.91 253,196.64 37,979.50 38,432.48 82,188.75 94,595.91 Mar 580,462.39 193,487.46 29,023.12 38,432.48 85,188.75 40,843.11 Apr 571,058.89 190,352.96 28,552.94 38,432.48 82,188.75 41,178.79 May 874,950.84 291,650.28 43,747.54 35,448.50 76,050.15 136,404.09 Jun 689,116.05 229,705.35 34,455.80 35,448.50 76,050.15 83,750.90 Totals $ 7,425,400.09 $ 2,475,133.36 $ 371,270.00 $ 463,201.87 $ 975,647.79 $ 665,013.70 Note: As established by the 1988 sales tax election, fifteen percent(15 %) of the one percent (1 %) sales tax is transferred to the Sales Tax Capital Future Fund for the purpose of funding future capital improvements projects. In Oct 1997, voters authorized the use of the CFF accumulations through FY 2001 for projects. City of Owasso Sales Tax Collections and Restricted Use of One Percent For the period beginning November 1989 One % Capital 1988 1997 Rev 1998 Total Debt Excess to Three % % of Sales Tax Future 1983 GO Revenue Refunding Revenue Service Interest Cap Improv Fiscal Year Sales Tax Increase (1/3) Fund* Bonds Bonds Bonds Bonds Payments Earnings Fund 6/30/89 '* 1,345,048 3.44% 448,349 - 290,033 196,192 486,225 (37,876) 6/30/90 2,395,607 10.74% 798,536 - 411,425 345,856 757,281 41,255 6/30/91 2,697,115 12.59% 899,038 - 411,425 345,856 757,281 141,757 6/30/92 2,888,126 7.08% 962,709 - 383,075 458,023 841,098 121,611 6/30/93 3,111,892 7.75% 1,037,297 129,025 23,058 504,630 527,688 380,584 6/30/94 3,359,697 7.96% 1,119,899 167,985 551,313 551,313 400,602 6/30/95 3,554,202 5.79% 1,184,734 177,710 599,967 599,967 407,056 6/30/96 3,932,207 10.64% 1,310,736 196,610 606,335 606,335 507,791 6/30/97 4,488,368 14.14% 1,496,123 224,418 519,579 519,579 752,125 6/30/98 4,944,293 10.16% 1,648,098 247,215 675,487 249,538 305,181 1,230,205 12,002 182,680 6/30/99 5,533,211 11.91% 1,844,404 276,661 483,076 968,086 1,451,161 12,076 128,658 6/30/00 6,075,427 9.80% 2,025,142 303,771 499,213 987,478 1,486,692 9,965 244,644 6/30/01 7,425,400 22.22% 2,475,133 371,270 463,202 975,648 1,438,850 665,014 6/30/02 ** 7,860,000 5.85% 2,620,000 393,000 523,702 1,142,335 1,666,037 560,963 59,610,593 19,870,198 2,487,665 1,519,016 4,803,238 2,218,731 4,378,727 12,919,712 34,043 4,496,864 Note: Figures for 6/30/1989 are for eight months beginning Nov 1988. Figures for 6/30/2002 are budgeted amounts. A written report will be provided to you at the meeting on Monday night. PROJECT COMPLETION REPORT C PROJECT: Intersection and Signalization Improvements DATE PROJECT WAS INITIATED: November 1999 DATE PROJECT WAS COMPLETED: December 6, 2000 DEPARTMENT RESPONSIBLE FOR PROJECT: Public Works STAFF COMMENTS: The project consisted of roadway improvement and signalization of intersections at 116th St N at N Garnett Rd, and 76' St N at 129th East Ave; simalization of two intersections at 86" St N at 123' East Ave: and roadway surface improvement on 86th St N between Main St and Mingo Rd. In November 1999, the City Council awarded a contract to Horizon Construction Company Inc in the amount of $1,268,128.64. Four change orders were issued increasing the final contract amount to $1,497,504.06 and increasing the time b 4y 3 days A final inspection was held on December 6 2000. The City Council accepted the project on January 16, 2001. Funding was included in the 1998 bond issue. c Phil Lutz PROJECT COORDINATOR Public Works DE7L ENT PROJECT CqORDINATOR DATE EO PROJECT COMPLETION REPORT PROJECT: 96th Street North Roadway & Signalization Improvements DATE PROJECT WAS INITIATED: June 2000 DATE PROJECT WAS COMPLETED: April 12, 2001 DEPARTMENT RESPONSIBLE FOR PROJECT: Public Works STAFF COMMENTS: The project consisted of additional traffic lanes in the area of Owasso Market from the U.S. Highway 169 southbound off ramp to about 450 west of North 119th East Ave, intersection signalization at the off ramp and at 121St East Ave, and stormwater drainage improvements. In June 2000, the City Council awarded a contract to McGuire Brothers Construction Company Inc in the amount of $530,431.90. The Notice to Proceed was delayed until August 4, 2000 to finalize funding agreements with all parties involved in the 96th St corridor development. Three change orders were issued increasing the final contract amount to $541,989.00 for cost overruns, and increasing the time by 55 days because of bad weather and relocation of the RCB Center entrance. The City Council accepted the project on May 1, 2001. Phil Lutz PROJECT COORDINATOR Public Works DEPARTMENT PROJECT COORDINATOR DATE SALES TAX PROJECTS Sales Tax /Capital Future /Revenue Bonds BOND PROJECT FUND - October 1997 Election Progress Report #7 Dated 6/30/01 PROJECT Budget Expended Design Bid Construction Streets: 86th Street (Cedar to Main) 86 & Mingo Intersection 86 & 145 E Ave Intersection N Main (1st to 9th) Engineering 76 & Hwy 169 Streets & Intersections Project: 76 & 129 E Ave Intersection 116 & Garnett Intersection 86 & 123 E Ave Intersection 86 (Main to Mingo) Streets Resurfacing Project: Atlanta (3rd to 11th) Carlsbad (3rd to 7th) & Beaumont 129 E Ave (High School to 93) 11 Str (Main to Cedar) 2,310,000 327,932 605,000 1,680 1,166,000 960 215,000 186,214 100,000 69,886 Progress Report #37 Dated 6/30/01 PROJECT Budget Expended NX 4,270,000 2,428,714 547,514 X Computerization 97,705 100,205 1,590,000 1,614,026 966,581 966,581 0 Facilities: Progress Report #37 Dated 6/30/01 PROJECT Budget Expended City Hall /Police Station 4,270,000 2,428,714 547,514 X Computerization Community Center 97,705 100,205 e 59,925 e Sports Park: Hwy 169 Enhancement 34,100 20,466 X 76th & Hwy 169 Engineering Parking Lot 88,779 88,779 Restroom 85,000 85,000 Four -plex & Soccer Fields 302,901 302,901 Administration: Project Manager Salary 125,909 125,909 N N N Architect/Engineer Fee 668,878 687,115 N N N Program Management Services Fee 213,369 215,285 N N N Available: Contingent Project 0 0 E] 0 Total $ 12,805,122 $ 7,201,187 FY 2000 -2001 CAPITAL IMPROVEMENTS FUND PROJECTS Progress Report #37 Dated 6/30/01 PROJECT Budget Expended Design Bid Construction 96th Str Signalization (Owasso Market) 554,975 547,514 X Computerization 617,272 448,043 X X X Hale Acres Drainage Project 59,925 39,264 N X Hwy 169 Enhancement 34,100 20,466 X 76th & Hwy 169 Engineering 112,974 112,974 X N N Total $ 1,379,246 $ 1,168,261 Legend: X -In Progress - Complete N -Not Applicable