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Home My WebLink About11-15-2016 Item 1 - Bochum, Codron (amended)Council Memorandum DATE: November 14, 2016 TO: City Council FROM: Timothy Scott Bochum, Deputy Director of Public Works Michael Codron, Director of Community Development VIA: Katie Lichtig, City Manager SUBJECT: November 15th, Public Hearing #1 — Update to OASP PFFP The Council Memorandum that was sent out this morning contained an incorrect value in the table shown on Page #2. The table below shows the corrected amount for the OASP Single Family Unit (SFU) fee that was initially recommended as part of the Council Agenda report. The result of this correction is the "Change" value showed between the CAR recommended fee and the final revised fee is now $296 as opposed to $565 as previously shown. Residential 2016 2016 OASP Change TYpe GASP Fee Fee (Revised) Single Family -$!-044:= $18,736 -$296 Multiple Family $13,594 $13,387 -$207 The revised recommended OASP fees remain the same as discussed in the Memorandum. Please contact Tim Bochum at 781-7203 if there are any questions. tAcouncil agenda reports\2016\2016-11-15\oasp pffp\ph 1 council memo correspondence #2.docx COUNCIL MEETING:—N ITEM NO_: .,. Council Memorandum DATE: November 14, 2016 TO: City Council FROM: Timothy Scott Bochum, Deputy Director of Public Works Michael Codron, Director of Community Development VIA: Katie Lichtig, City Manager SUBJECT: November 15th, Public Hearing #1 — Update to OASP PFFP ENC: Revised OASP PFFP Tables 2, 4 & 7 Item #1 on the November 15, 2016 City Council agenda is an update to the Orcutt Area Specific Plan Public Facilities Financing Plan (PFFP). As discussed in the report the item includes recommendations for Council to update the PFFP based upon more recent project cost estimates, additional area -wide public improvements that should have shared funding and changes to development units that are resulting from subdivision approvals. Staff has continued to work on issues for the PFFP including analyzing OASP property owner questions and suggestions. One question that came out of a meeting with OASP property owners was a request that staff analyze the increase in cost of one particular project on the PFFP: Project T-5 Broad Street/Prado Road Extension. As discussed in the OASP Environmental Impact Report, it was identified that the OASP had a project specific impact at this location that resulted in the need for the construction of a second NB left turn lane on Broad. The cost of this improvement was included in existing OASP and the cost was updated by Wallace as part of this update. Staff reviewed the work by Wallace and has determined that the cost estimate includes additional work that would not be the responsibility of the OASP PFFP. In essence, the cost estimate included work (SB Right turn lane) that will be constructed by the Margarita Area as part of the future Prado Road extension and connection to Broad. As a result, the project cost estimate for project T-5 in the OASP PFFP has been reduced to a total of $264,000 that represents half of the project estimate included in the Agenda Report and attachments. Attachments 1-3 of this memo shows Tables 2, 4 and 7 as revised for the PFFP with this cost reduction for the property owners and the resulting reduction in impact fees that result. PH 1 — OASP PFFP Residential 2016 OASP 2016 OASP Change Tye Fee Fee Revised Single Family $19,301 $18,736 -$565 Multiple Family Q,�4 $13,387 -$207 The proposed change reduces the SFR impact fee by approximately $565 and the MFR fee by $207. Please contact Tim Bochum at 781-7203 if there are any questions. \\chstore7\team\council agenda reports\2016\2016-11-15\oasp pffp\ph 1 council memo correspondence.docx Table 2 (Revised 11-14-2016) City of San Luis Obispo Orcutt Area Specific Plan Public Facilities Financing Plan Summary of Project -Specific Infrastructure Costs I Project Cost has been adjusted to resect actual cost minus SHA Grant on project; adjusted for CPI ($645,557). Funds to reimburse City TIF advance to GASP. r 2010 project estimate = $300,000, adjusted for ENR Changes (March 2010 to August 2016). 3 Wallace estimate included additional impovements beyond GASP. Participation set at 50% of $528,000. OASP cost adjusted to $264,000 4 Total project cost set by Council in 2011 at $357,057, adjusted by CPI to 2016 = $383,400. OASP participation set at 89.88% for reimbursement to Orcutt Assoc s OASP participation cost reduced to 20% to reflect potential local match for HSIP program, or for independent work at intersection - 6 Tank Farm Roundabout (T10) is split 50% to Tract 3063 (Righetti Ranch) and 50% divided between all OASP properties. r Orcutt Road Roundabout (Til) is split 50% to Tract 3083 (West Creek) and 50% divided between all OASP properties a By previous action of City Council, the full contribution to the Industrial Way bike/pedestrian overcrossing by the OASP is 50%. 9 OASP participation amount adjusted to 25% to reflect future local match of Grant Request, j� F -,\ i30 Parks construction and contingency estimates updated; "soft" costs limited to 15% of estimated projectsII `t1 0.9 acre expansion of Neighborhood Park into Garay omitted from fee schedule. 32 Includes passive park improvements only. Active improvements deleted from the estimate. 33 Acquisition Fee corrected to reflect approved Neighborhood Park design and revised acreage, Sources: The Wallace Group, City of San Luis Obispo, Goodwin Consulting Group, Inc (2009) Updated: City of San Luis Obispo, The Wallace Group, Watson Planning Consultants, Inc, November 14, 2016 Copy of TB Changes PFFP 11-14-16 - Tvble2 Applies 2016 projection Current as af: 11/14/2016 Gross OASP Fair Share Net Ref. Item Total Cost Percentage Total Cost Transportation Sym 1.mpfQWmer±ti Tl Orcutt Road/Tank Farm Road $ 1,111,000 100.0% $ 1,111,000 T2 Broad Street/South St -Santa Barbara Road $ 707,100 3 25-4% $ 179,603 T3 Broad Street/Tank Farm Rd $ 599,000 50.0% $ 299,500 T4 Orcutt Road/Johnson Ave 5 359,300 r 100.0% $ 359,300 TS Broad Street/Prado Road Extension 5 264,000 a 100.0% $ 264,000 Second Northbound Left Turn Lane T6 Orcutt Road Widening $ 383,400 4 89.9% $ 344,592 T7 Bullock Lane Realignment $ 1,418,000 70.0% $ 992,600 T8 Relocating Hanson Road $ 1,452,000 s 20.0% $ 290,400 or Reducing the Grade on Orcutt at Hanson Rd T9 Transit5tops (5 at$25,000 each) $ 125,000 100.0% $ 125,000 T30 Tank Farm Roundabout (at Righetti Ranch Road) $ 650,000 c 50.0% $ 325,000 Tll Orcutt Road Roundabout (at "A"Street) $ 650,000 r 50.0% $ 325,000 Subtotal Street Improvements $ 7,718,800 $ 4,615,995 0auf t fxpvng14lt 71rgrr Srirlge_3 T12 Bridge A $ 680,000 100.0% $ 680,000 T13 Bridge B $ 1,800,000 100.0% $ 1,800,000 T14 Bridge C $ 1,600,000 100.0% $ 1,600,000 Subtotal Orcutt Expansion Area Bridges $ 4,080,000 $ 4,080,000 Total Street and Bridges Improvements $ 11,798,800 $ 8,695,995 Pedestrian and Bicycle Paths Bl Pedestrian and Bicycle Paths $ 841,000 100.0% $ 841,000 B2 Pedestrian/Bike Overpass at Industrial Way $ 2,108,000 9 50.0% $ 1,054,000 B3 Bike Path Extension Over Tank Farm Rd $ 1,008,000 9 25.0% $ 252,000 Total Pedestrian and Bicycle Paths $ 3,957,000 $ 2,147,000 Total Transportation Improvements $ 15,755,800 $ 10,842,995 Parks & Recreation Pl Central Neighborhood Park - Main Portion South of Creeks (Righetti) $ 4,800,341 3e 100.0% $ 4,800,341 P2 Central Neighborhood Park - Phase 2(Garay) $ - 33 10010% $ - P3 Packet Park $ 339,849 100.0% $ 339,849 P4 Linear Park System $ 813,527 100.0% $ 813,527 P5 Trail Junction Park $ 91,997 $ 91,997 Total Parks & Recreation $ 6,045,714 $ 6,045,714 Total Project -Specific Infrastructure Costs $ 21,801,514 $ 16,886,709 Parkland Acquisition Fee (11.80 acres g's $300,000/acre) $ 3,540,000 1000% $ 3,540,000 Totals $ 25,341,514 $ 20,428,709 I Project Cost has been adjusted to resect actual cost minus SHA Grant on project; adjusted for CPI ($645,557). Funds to reimburse City TIF advance to GASP. r 2010 project estimate = $300,000, adjusted for ENR Changes (March 2010 to August 2016). 3 Wallace estimate included additional impovements beyond GASP. Participation set at 50% of $528,000. OASP cost adjusted to $264,000 4 Total project cost set by Council in 2011 at $357,057, adjusted by CPI to 2016 = $383,400. OASP participation set at 89.88% for reimbursement to Orcutt Assoc s OASP participation cost reduced to 20% to reflect potential local match for HSIP program, or for independent work at intersection - 6 Tank Farm Roundabout (T10) is split 50% to Tract 3063 (Righetti Ranch) and 50% divided between all OASP properties. r Orcutt Road Roundabout (Til) is split 50% to Tract 3083 (West Creek) and 50% divided between all OASP properties a By previous action of City Council, the full contribution to the Industrial Way bike/pedestrian overcrossing by the OASP is 50%. 9 OASP participation amount adjusted to 25% to reflect future local match of Grant Request, j� F -,\ i30 Parks construction and contingency estimates updated; "soft" costs limited to 15% of estimated projectsII `t1 0.9 acre expansion of Neighborhood Park into Garay omitted from fee schedule. 32 Includes passive park improvements only. Active improvements deleted from the estimate. 33 Acquisition Fee corrected to reflect approved Neighborhood Park design and revised acreage, Sources: The Wallace Group, City of San Luis Obispo, Goodwin Consulting Group, Inc (2009) Updated: City of San Luis Obispo, The Wallace Group, Watson Planning Consultants, Inc, November 14, 2016 Copy of TB Changes PFFP 11-14-16 - Tvble2 Applies 2016 projection Current as af: 11/14/2016 Table 4 (Revised 11-14-2016) City of San Luis Obispo Orcutt Area Specific Plan Public Facilities Financing Plan Cost Allocation Table Transportation Land Use Units Net Acres Daily Trip Rate Total Trips Percent Allocation Total Costs Cost per Unit Cost $8,695,995 per Unit Single Family 497 87.4 9.09 4,518 55.69% $4,843,070 $9,745 Multi -Family 566 25.9 6.35 3,594 44.31% $3,852,925 $6,807 Total 1063 113.3 8,112 100% $8,695,995 e; Sources: Orcutt Area Specific Plan (Final, May 2010); City of San Luis Obispo; CA Department of Finance; OASP Public Facilities Financing Plan - Goodwin Consulting Group, Inc (2009) Updated: Watson Planning Consultants, Inc. D F 13 � F r'i- November 14, 2016 Copy of TB Changes PFFP 11-14-16 - Table 4 Current as of: 11/14/2016 Table 7 Table 4 (Revised 11-14-2016) City of San Luis Obispo Orcutt Area Specific Plan Public Facilities Financing Plan Project -Specific Infrastructure Cost Allocation Summary Capital Pedestrian and Parks & Total Cost Total Facility: Transportation Bicycle Paths Recreation Allocation Facility Costs Benefit Daily Daily Residents Unit: Trip Rate Trip Rate Served Capital Costs: $8,695,995 $2,147,000 $6,045,714 $16,888,709 Cost per Unit Per Unir Single Family $9,745 $2,406 $6,585 $18,736 $9,311,742 Multi -Family $6,807 $1,681 $4,899 $13,387 $7,576,967 Total $16,888,709 ouf6r Sources: Orcutt Area Specific Plan (Final, May 2010); City of San Luis Obispo; GASP Public Facilities Financing Plan - Goodwin Consulting Group, Inc. (2009) Updated: Watson Planning Consultants, Inc. °rte A Fr__ November 14, 2016 Copy of T8 Changes PFFP 11-14-16 - Table 7 Current as of. 1111412016