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City Council Packet - 02/16/2021 City of Tigard Tigard Workshop Meeting —Agenda TIGARD TIGARD CITY COUNCIL MEETING DATE AND TIME: February 16, 2021 - 6:30 p.m. MEETING LOCATION: Remote participation only. See PUBLIC NOTICE below. PUBLIC NOTICE: In accordance with the City of Tigard's Emergency Declaration related to COVID-19 and Oregon House Bill 4212, this will be a virtual meeting where Council and staff will participate remotely. There will be no verbal public testimony during this meeting.Written public comment may be submitted electronically at www.tigard-or.gov/Comments. All comments must be submitted before 4:30 p.m. on the day of the meeting. VIEW LIVESTREAM ONLINE: http://www.tigard-or.gov/city_hall/council_meeting.php Workshop meetings are cablecast on Tualatin Valley Community TV as follows: Replay Schedule for Tigard City Council Workshop Meetings - Channel 28 •Every Sunday at 12 a.m. •Every Monday at 1 p.m. 'Every Wednesday at 2 p.m. •Every Thursday at 12 p.m. •Every Friday at 10:30 a.m. SEE ATTACHED AGENDA " City of Tigard Tigard Workshop Meeting—Agenda TIGARD TIGARD CITY COUNCIL MEETING DATE AND TIME: February 16,2021 - 6:30 p.m. MEETING LOCATION: Remote participation only. 6:30 PM 1. WORKSHOP/BUSINESS MEETING A. Call to Order- City Council B. Roll Call C. Pledge of Allegiance D. Call to Council and Staff for Non-Agenda Items 2. JOINT MEETING WITH THE PARK AND RECREATION ADVISORY BOARD (PRAB) 6:35 p.m. estimated time 3. DISCUSSION REGARDING CITY CENTER SUBSTANTIAL AMENDMENT REFERRAL BALLOT TITLE LANGUAGE 7:20 p.m. estimated time 4. RECEIVE BRIEFING ON THE WATER COST OF SERVICE ANALYSIS AND RATE STUDY PROJECT 7:45 p.m. estimated time 5. NON-AGENDA ITEMS 6. ADMINISTRATIVE REPORT 7. EXECUTIVE SESSION: The Tigard City Council may go into Executive Session. If an Executive Session is called to order, the appropriate ORS citation will be announced identifying the applicable statute. All discussions are confidential and those present may disclose nothing from the Session. Representatives of the news media are allowed to attend Executive Sessions, as provided by ORS 192.660(4), but must not disclose any information discussed. No Executive Session may be held for the purpose of taking any final action or making any final decision. Executive Sessions are closed to the public. 8. ADJOURNMENT 8:45 p.m. estimated time AIS-4503 2. Workshop Meeting Meeting Date: 02/16/2021 Length (in minutes): 45 Minutes Agenda Title: Joint Meeting with the Park and Recreation Advisory Board Prepared For: Rick Gruen, Public Works Submitted By: Marissa Grass, Public Works Item Type: Joint Meeting-Board or Other Juris. Meeting Type: Council Workshop Mtg. Public Hearing: No Publication Date: Information ISSUE Convene a joint meeting of the City Council and Parks and Recreation Advisory Board (PRAB) to discuss four key topic areas. STAFF RECOMMENDATION / ACTION REQUEST Provide input as appropriate to the PRAB. KEY FACTS AND INFORMATION SUMMARY The Parks and Recreation Advisory Board (PRAB) meets annually with the Council to discuss items of importance to both bodies. The joint meeting allows the PRAB to get direction from the Council and for the PRAB to advise Council on parks and recreation related items. The Parks & Recreation Master Plan Update is underway, and both Council and PRAB recently received updates from the project team. PRAB is interested in discussing the following topics with Council: •Recreation: Adaptability during COVID; need for stability after several years of starting/stopping. Continued financial support is critical. • Organizational Structure: Identify the best organizational structure that will allow parks and recreation services to thrive. •Park Maintenance: As the park system continues to grow, there will need to be an on-going commitment to adequate staffing and resources to maintain the system. •Future park acquisition: Development and maintenance decisions need to consider equity among all service areas of the city as a key decision-making criteria. OTHER ALTERNATIVES N/A COUNCIL GOALS, POLICIES, APPROVED MASTER PLANS The Parks and Recreation Advisory Board advises the Council on matters related to parks and recreation and other associated Council goals. DATES OF PREVIOUS COUNCIL CONSIDERATION Council last met with the Parks and Recreation Advisory Board on December 17, 2019. AIS-4567 3. Workshop Meeting Meeting Date: 02/16/2021 Length (in minutes): 25 Minutes Agenda Title: Discussion Regarding City Center Substantial Amendment Referral Ballot Title Language Prepared For: Shelby Rihala, City Management Submitted By: Carol Krager, Central Services Item Type: Motion Requested Meeting Type: Council Update, Discussion, Direct Staff Workshop Mtg. Public Hearing: No Publication Date: Information ISSUE Does the proposed draft ballot language meet the City Council's expectations for requesting Tigard voters to increase the maximum indebtedness of the Urban Renewal Area to $42.8 million? STAFF RECOMMENDATION / ACTION REQUEST Staff recommends Council authorize preparation of a final ballot title for Council's adoption at its February 23, 2021 business meeting. KEY FACTS AND INFORMATION SUMMARY City Council approved the City Center Urban Renewal Plan Substantial Amendment at a public hearing on February 9, 2021. The Substantial Amendment proposes an increase in Maximum Indebtedness (MI). MI is the total amount of funds that may be spent on programs, projects and administration over the life of a URA. MI does not include interest paid on debt. The original and current MI for the Tigard URA is $22 million. The City proposes to increase the MI by $20.8 million, bringing the total MI to $42.8 million. The new MI would contribute funding to the following projects: • Construction of new streets to provide connectivity •Tigard Heritage Trail continuation •Fanno Creek Trail improvements •Universal Plaza Phase 2 •Parking facility •Affordable housing and mixed-use development assistance •Pedestrian safety and streetscape improvements •Property acquisition The proposed amendment would also extend the last day to issue debt from the 20th anniversary to the 29th anniversary of the City Center Urban Renewal Plan. Tax increment revenues after the 29th anniversary (FY 2034-35) will be spent solely on retiring debt. A draft ballot title is attached for review and consideration. Based on tonight's discussion, staff will bring a revised version back to Council and ask Council to approve the ballot title and refer the plan to voters at its next meeting on February 23, 2021. The election would be held on May 18, 2021. OTHER ALTERNATIVES Council could choose to postpone the ballot measure process and refer the plan amendment to voters in a future election. COUNCIL GOALS, POLICIES, APPROVED MASTER PLANS 2019-2021 Tigard City Council Goals Strategy 2.2 - Continue to make Downtown Tigard a place people want to be by making substantial progress on projects that attract new residential and business investment. Evaluate the size and scope of the City Center Urban Renewal Plan to determine whether tax increment resources in the downtown are sufficient to meet council objectives. Prepare recommendations regarding the City Center urban renewal area's possible continuation. City Center Urban Renewal Plan Tigard Comprehensive Plan Special Planning Areas- Downtown Goal 15.2 Facilitate the development of an urban village City Strategic Plan 2020-2025 Priority 3 — Ensure development advances the vision DATES OF PREVIOUS COUNCIL CONSIDERATION February 9, 2021- Council Public Hearing on City Center Substantial Amendment December 15, 2020- TCDA Board initiation of public review of City Center Substantial Amendment October 20, 2020 - City Center Substantial Amendment Update August 18, 2020 - City Center Futures Update Attachments Ballot Title Language Ballot Title for City Center Urban Renewal Plan Amendment CAPTION (10 words) City Center Urban Renewal Plan Amendment—Not a New Tax QUESTION (20 words) - Shall the City amend the City Center Urban Renewal Plan, including increasing the amount of Maximum Indebtedness? SUMMARY (175 words) This measure approves an amendment to the City Center (Downtown) Urban Renewal Plan, which would increase the maximum indebtedness of the Plan from $22 million to $42.8 million, and duration of the plan by nine years (ending in 2035). The Plan Amendment would not impose new taxes, nor raise existing taxes. Funds generated from the Substantial Amendment will support the following new projects in the City Center (Downtown) area: • Connectivity: Designing and building new streets • Universal Plaza Phase 2 • Parking Facility • Tigard Heritage Trail Continuation • Fanno Creek Trail Improvements • Housing Development: funds to support affordable housing • Pedestrian Safety and Streetscape Improvements • Land Acquisition: buying land to encourage mixed-use development Funding comes from property tax revenue generated from new development and increased property values within the urban renewal area boundary. Urban Renewal is not a new tax, a tax increase or an extension of a current tax. Funding generated within the area must be spent on projects within that same area. A copy of the Plan and Plan Amendment and additional information is available at www.tigard- or.gov/urbanrenewal. (175 words) Ballot Title for City Center Urban Renewal Plan Amendment IN MEETING EDITS CAPTION (10 words) City Center Urban Renewal Plan Amendment—Requires No New Taxes QUESTION (20 words) - Shall the City amend the City Center Urban Renewal Plan, including increasing the amount of Maximum Indebtedness? SUMMARY (175 words) This measure approves an amendment to the City Center (Downtown) Urban Renewal Plan, which would increase the maximum indebtedness of the Plan from $22 million to $42.8 million, and duration of the plan by nine years (ending in 2035). The Plan Amendment would not impose new taxes, nor raise existing taxes. Funds generated from the Substantial Amendment will support new projects in the City Center (Downtown) area such as: • Connectivity: Designing and building new streets • Universal Plaza Phase 2 • Parking Facility • Tigard Heritage Trail Continuation • Fanno Creek Trail Improvements • Housing Development: funds to support affordable housing • Pedestrian Safety and Streetscape Improvements • Land Acquisition: buying land to encourage mixed-use development Funding comes from capturing property taxes from new development and increased property values in the urban renewal area. Funding generated within the area must be spent on projects within that same area. Urban Renewal is not a new or additional tax. A copy of the Plan and Plan Amendment and additional information is available at www.tigard- orgov/urbanrenewal. (175 words) AIS-4517 4. Workshop Meeting Meeting Date: 02/16/2021 Length (in minutes): 60 Minutes Agenda Title: Receive Briefing on the Water Cost of Service Analysis and Rate Study Project Prepared For: John Goodrich Submitted By: John Goodrich, Public Works Item Type: Update, Discussion, Direct Meeting Type: Council Staff Workshop Mtg. Public Hearing No Newspaper Legal Ad Required?: Public Hearing Publication Date in Newspaper: Information ISSUE Provide a briefing to Council about the recent Water Utility Cost of Service Analysis (COSA) and Rate Study Project. STAFF RECOMMENDATION / ACTION REQUEST Provide the recent information received through the COSA and Rate Study Project so Council can discuss and deliberate. The briefing will provide needed information to help guide decisions which will come before you in April 2021. KEY FACTS AND INFORMATION SUMMARY Introduction The city recently completed a Cost of Service Analysis (COSA) and rate study for the Water Utility Division in the Public Works Department. The city's financial consultant, FCSG will provide an overview of the COSA data and findings from the analysis and study. As a best practice for financial management of the utility, it is recommended to conduct rate studies on a routine basis. In order to provide information to Council, staff and consultants are conducting several workshops with council to share findings and receive Council guidance. The objective is to provide Council with information related to project to make informed decisions relating to future water rates. The project schedule for Council consideration and action is provided below: February 16, Workshop on Revenue Requirements and Cost of Service 2021 Analysis March 16, 2021 Workshop on Water Rate Design April 6, 2021 Public Hearing and Council consideration to adopt Water Rates The city last completed a similar project in November 2010. The adopted recommendations from the 2010 study included significant structural changes to the water service pricing model to ensure adequate and stable revenues. The pricing model and rates were effective January 1, 2011. These significant changes were necessary to fund the Lake Oswego-Tigard Joint Water Supply Project. The changes ensured greater fairness and equity by allocating costs based on customer classification, by meter sizes, and by using an inclining tiered consumption rate structure that recovers more revenue from high capacity users. Cost of Service Analysis Overview Cost of service and rate design studies are necessary to assist a water utility in setting rates that are fair and equitable to its customers. These studies also support the water utility's mission in providing clean, safe drinking water to the community. The water utility's policy objectives for financial planning are to meet operating, debt service, and capital needs, allocate costs equitably across customers, and balance costs between the fixed and volumetric components of rates in order to provide appropriate incentives for customers while mitigating fiscal risk to the city. Cost of service analysis and rate studies follow guidance from the American Water Works Association (AWWA) and the provisions of Tigard Municipal Code Chapter 3.32 — City Fees and Charges. In summary, the key drivers of financial planning that guide this project are equity, conservation, and financial stability. The key principles of COSA are to match the costs of providing service to customer classes and to design rates to equitably recover costs. The COSA considers maintaining revenue adequacy while using fair and equitable cost recovery. Authority Tigard Municipal Code 3.32.020 states: "The Tigard City Council has the authority to review and adopt by resolution rates for fees and charges reasonably related to the city's cost of service. The city manager may set interim fees and charges pending adoption of a city council resolution." Other Information The COSA and Rate Study project findings and recommendations were provided to the Water Advisory Board (WAB) on February 10, 2021 during their regular meeting. WAB is also scheduled to meet in March to review Water Rate Design information. Council is scheduled to review and consider adoption by resolution rates for water utility fees and charges on April 6, 2021. This will allow staff time to provide public communications regarding the cost of service analysis and council actions related to water utility rates, fees, and charges. OTHER ALTERNATIVES N/A COUNCIL OR TCDA GOALS, POLICIES, MASTER PLANS City Council adopted the 2020 Water System Master Plan on December 8, 2020. Tigard Municipal Code Title 3 Revenue and Finance provides requirements under Section 3.32 for City fees and charges. DATES OF PREVIOUS CONSIDERATION Council was briefed during a workshop session on July 21, 2020 regarding various water rate issues related to the Water Cost of Service Analysis and Rate Study project. From this workshop session, council provided guidance to staff and the consultant regarding booster fees and charges, meter charges for residential fire suppression, and cost of service for 1-inch diameter meter charges for residential customers. Attachments Water COSA Presentation Water Utility Revenue Requirement, Cost of Service Analysis, and Rate Design Study Presented to the Tigard City Council Tuesday, February 16, 2021 Prepared by FCS Group 1111111111.111 _....airaimi.... let maIIMIIIIIW • FCS GROUP Solutions-Oriented Consulting •:;> Agenda Revenue Requirement Cost of Service Analysis Next Steps FCS GROUP Slide 2 •:;> Past Council Actions July 21 , 2020 Council Policy discussion Three key discussion items related to conducting Cost of Service Analysis Booster Pump Fees and Charges 1 -inch residential meters with Fire Suppression 1 -inch residential meters FCS GROUP Slide 3 •:;> Agenda Revenue Requirement • Cost of Servke Aiiaiyis • Next Steps FCS GROUP Slide 4 • ❖> From Revenue Req . to COSA Capital Improvement Fiscal Policies Operating Program Budget E W .- System •� Development ._ Charge(SDC) W Rate Revenue Ce Requirement Allocate Costs by Function U .; i V)01) Customer Meters/ Base Peak Fire 4— Services Demand Demand Function 0 CI) 0 0 Allocate Costs to Customer Classes FCS GROUP Slide 5 ❖> Introduction to UtilityRatemaking Utility rates are set to recover the cost of providing service. Utilities incur two primary types of costs: Operating costs (regular / ongoing) Employee salaries and benefits Materials and equipment ri 1 I Asset repair and maintenance Debt service Capital costs (irregular / periodic) Year 1 Year 2 Year 3 Year 4 Year 5 Infrastructure replacement Operating Capital Facility expansions and upgrades FCS GROUP Slide 6 ❖> What Should Rates Do? Generate sufficient revenues to sustain the utility system Charge for cost of services provided Recover costs equitably Achieve City objectives » Conservation » Revenue stability » Maintain minimum fund balances and meet other fiscal policies FCS GROUP Slide 7 ♦ ❖> YAssumptionsKe • Annual Cost Inflation Operating Forecast • Escalation rates for operating • Rate revenue based on a compilation of costs were provided by the customer statistics and forecasted using the City and vary between 1 .00% customer growth rate forecast and 6.30% • Operating costs and non-rate revenues • Construction Costs: 2.79% based on FY 2020 Budget — Adjusted for inflation in future years — Debt service reflects recent refinancing Annual Growth Rates Financial Policies • Customer growth:1 .30%, • Min. Fund Balance Target: 90 days of O&M based on historical growth • Debt service coverage requirements patterns FCS GROUP Slide 8 ❖> Capital Needs Forecast • $25,000,000 $20,000,000 $15,000,000 $10,000,000 1111 1 $5,000,000 I 1111111111111 $- 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 $212 million in capital projects from FY 2020 to FY 2039 Cash resources from rates and SDCs are expected to cover the costs. FCS GROUP Slide 9 ❖>• Revenue Requirement Forecast $45,000,000 $40,000,000 $35,000,000 r $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 Existing O&M Existing Debt Service ,m—i New Programs _ Rate Funded Capital —Total Revenues im. Total Revenues with Rate Increases Annual 2% revenue increases (above customer growth) until FY 2028-29 are needed. FCS GROUP Slide 10 ❖•> Fund Balances $35,000,000 $30,000,000 $25,000,000411 $20,000,000411 111 °I 01 $15,000,000 01 $10,000,000 jp $5,000,000 111iiIIllIIh 20 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 Ending Operating Fund Balance Ending Capital Fund Balance • • • •Minimum Target Balance • $2 million in the rate stabilization account is not shown FCS GROUP Slide 11 •:;> Agenda • Revenue Requirement Cost of Service Analysis • Next Steps FCS GROUP Slide 12 • ❖> From Revenue Req . to COSA Capital Improvement Fiscal Policies Operating Program Budget E W .- System •� Development ._ Charge(SDC) W Rate Revenue Ce Requirement Allocate Costs by Function U .; i V)01) Customer Meters/ Base Peak Fire 4— Services Demand Demand Function 0 CI) 0 0 Allocate Costs to Customer Classes FCS GROUP Slide 13 • •> Allocation of FY 2021 -22 Revenue Requirement • Fire Customer Function $2,189,855 $473,692 1 /8°A IlIliMeters & Services 674,672 Peak 7 3% Demand Base $10,435,273 Demand 39% $12,737,943 48% FCS GROUP Slide 14 ❖> Customer Classes • • Largest customer group Single-Family • Relatively low usage per account, high peak demand • Usage per dwelling unit lower than single family account Multi-Family • Relatively constant use Commercial • Diversity in use per account • Relatively constant use • High volume significant industrial customers Industrial • Lowest peaking, most constant use • Majority of use in peak season Irrigation • No fire flow requirement Fire (Bulk • Very small number of customers representing temporary fire hydrant Water Sales) meters as bulk water sales, generally for construction _I FCS GROUP Slide 15 ❖> Allocation to Customer Classes • Meters & ustomer Servic: Base Peak Fire Monthly Peak Month Fire-Weighted Alllocation Basis Accounts MSEs Average Use Use Accounts* Projected FY 2021-22 Totals 20,165 27,799 244,619 279,101 32,060 Residential 91.5% 69.0% 57.6% 54.9% 86.3% Multi-family 3.0% 5.8% 20.7% 19.6% 5.2% Commercial 3.2% 4.6% 12.5% 15.1% 6.1% Industrial 0.1% 0.2% 0.3% 0.5% 0.1% Irrigation 1.0% 1.0% 8.4% 8.7% 0.0% Fire 1.2% 19.3% 0.4% 1.1% 2.2% al 100.0% 100.0% 100.0% 100.0% 100.0% *Accounts multiplied by their fire flow requirements in 1,000 gpm FCS GROUP Slide 16 ❖> Cost Recovery Shifts Cost Recovery Under Existing Rates Fire Industrial Irrigation 0.71% 0.40% 9.18% Commercial 12.65% Allocated Cost of Service Fire Industrial Irrigation 1.28% . 0.34% Residential 7.59% Multi-family 61.37% 15.70% Commercial 12.47% Residential Multi-family 60.14% 18.17% FCS GROUP Slide 17 ❖> Cost of Service Results • Compare COS to Revenues Before Policy-Induced Increase- 2022 Revenue at 2022 Cost of Difference (from Class Difference Current Rates Service ATB) Residential $ 15,949,782 $ 15,942,854 $ (6,929) -0.04% Multi-family 4,079,816 4,818,234 738,419 18.10% Commercial 3,287,282 3,305,343 18,062 0.55% Industrial 104,344 91,442 (12,902) -12.36% Irrigation 2,384,976 2,012,896 (372,080) -15.60% Fire 185,404 340,666 155,263 83.74% Total $ 25,991,604 $ 26,511,436 $ 519,832 2.00% FCS GROUP Slide 18 •:;> Agenda • Revenue Requirement • Cost of Service Analysis Next Steps FCS GROUP Slide 19 •:;> Next Steps March 16, 2021 Council workshop Water Utility Rate Design Council policy direction April 6, 2021 Council business meeting Public Hearing and consideration to adopt amendment to fees and charges FCS GROUP Slide 20 ❖> Rate esign PolicyItems • Three Discussion Paper Items » Booster Fee Charges » 1 " Residential Meters with Fire Suppression Systems 1 " Residential Meters analysis and outcomes Uniform volume charge for Multifamily Implementation strategies Cost of service implementation Timing of rate change implementation FCS GROUP Slide 21 Thank y ou ! Questions? Doug Gabbard — Project Manager (503) 252-3001 DougG@fcsgroup.com www.fcsgroup.com • FCS GROUP Solutions-Oriented Consulting