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Agenda - 04/25/2005CITY OF WOODBURN URBAN RENEWAL AGENCY APRIL 25, 2005 - 6:50 P.M. KATHRYN FIGLEY, MAYOR WALTER NICHOLS, COUNCILOR WARD l RICHARD BJELLAND, COUNCILOR WARD II PETER MCCALLUM, COUNCILOR WARD III JAMES Cox, COUNCILOR WARD IV FRANK LONEROAN, COUNCILOR WARD V ELIDA SIFUENTEZ, COUNCILOR WARD VJ CITY HALL COUNCIL CHAMBERS - 270 MONTGOMERY STREET CALL TO ORDER ROLL CALL CONSENT AGENDA A. Urban Renewal Agency minutes of June 28, 2004 Recommended Action: Approve the minutes. GENERAL BUSINESS A. Reimbursement Agreement Recommended Action: Approve and authorize the Chair of the Agency to execute agreement between the Woodburn Urban Renewal and 2005-06. PUBLIC HEARINGS PUBLIC COMMENT ADJOURNMENT the attached reimbursement City of Woodburn and the Agency for fiscal years 2004-05 2 April 25, 2005 Urban Renewal Agency Page i 3A TAPE READING 0001 URBAN RENEWAL AGENCY MINUTES JUNE 28, 2004 DATE. COUNCIL CHAMBERS, CITY HALL, CITY OF WOODBURN, COUNTY OF MARION, STATE OF OREGON, JUNE 28, 2004. CONVENED. The Urban Renewal Agency meeting convened at 6:48 p.m. with Chair Figley presiding. 0040 ROLL CALL. Chair Figley Present Member Bjelland Absent Member Cox Present Member Lonergan Present Member McC allum Present Member Nichols Present Member Sifuentez Present Staff Present: City Administrator Brown, City Attorney Shields, Finance Director Gillespie, Public Works Director Tiwari, Park & Recreation Director Westrick, Recorder Tennant 003% 0059 CONSENT AGENDA. A) approve Urban Renewal Agency minutes of June 14, 2004. MCCALLUM/COX... approve the consent agenda as presented. The motion passed unanimously. RESOLUTION 04-01 ADOPTING A BUDGET FOR FISCAL YEAR 2004-05 AND MAKING APPROPRIATIONS. COX/MCCALLUM... adopt Resolution 04-01 for the budget for fiscal year 2004-05. The motion passed unanimously. 0150 ADJOURNMENT. LONERGAN/SIFUENTEZ... meeting be adjourned. The motion passed unanimously. The meeting adjourned at 6:55 p.m.. APPROVED KATHRYN FIGLEY, BOARD CHAIR ATTEST Mary Tennant, Recorder City of Woodbum, Oregon Page l - Urban Renewal Agency Minutes, June 28, 2004 1 WOODBURN 4A April 25, 2005 TO: FROM: SUBJECT: Honorable Mayor and City Council Woodburn Urban Renewal Agency John C. Brown, City Administrato~ Reimbursement Agreement for Services, Materials and Projects RECOMMENDATION: It is recommended that the City Council and Urban Renewal Agency approve, and authorize, respectively, the City Administrator and the Chair of the Agency to execute the attached reimbursement agreement between the City of Woodburn and the Woodburn Urban Renewal Agency for fiscal years 2004-05 and 2005-06. BACKGROUNd: Urban Renewal law requires tax receipts received by an urban renewal agency must be used to retire debt. Indebtedness can be established by issuing bonds or similar debt instruments, through loans from pubiic or private agencies, or by contractual arrangement. Total tax receipts of $605,000 have been received by the Woodburn Urban Renewal Agency since November 2003. Approximately $344,000 is estimated to be received in 2005-06. As indicated in the Background, these funds must be used to retire indebtedness. The City initiated two projects on behalf of itself and the Agency: the Downtown Plaza and Front Street reconstruction. City funds were used in 2003- 04 and 2004-05 to complete Plaza design, to bid the project, and to initiate construction. City funds are being used in 2004-05 to complete utility undergrounding the Front Street project, Phase I. Approximately $325,000 in urban renewal funding is needed to complete the plaza project in 2004-05 including funding in anticipated change orders. In 2005-06, urban renewal Agenda Item Review: City Administrator<~-'~ 2 City Attorney Finance~/)"~ Honorable Mayor and City Council April 25, 2005 Page 2 funding of $1,251,000 is needed to complete Phase I of the Front Street project, and utility undergrounding for Phase II. The total cost of these projects is included in the City's capital budgets for 2004-05 and 2005-06. In addition, current year's budgeting, and anticipated budgeting for 2005-06 require the Agency to support the cost of its annual audit, and specialized legal and consulting services. Funding for these services has also been advanced in the City's budgets for 2004-05 and 2005-06, in amounts not-to-exceed ,$15,000 and $6,500 respectively. Revenues necessary to reimburse the City will be provided from the balance on hand, and from the proceeds of a private borrowing to be completed in the near future. The attached agreement facilitates the Agency's reimbursement of costs advanced by the City for the fiscal years in question, and establishes the debt necessary to satisfy urban renewal requirements. This agreement is based on a model provided by the City's urban renewal consultant. It was reviewed and deemed sufficient to establish the necessary debt and provide anticipated reimbursements by the city's independent urban renewal counsel. Accordingly, your approval of the attached agreement is respectfully recommended. FINANCIAL IMPACT: The attached agreement facilitates, consistent with the schedule provided in Exhibit A to the Agreement, debt of the agency, and repayment to the City of a not-to-exceed total for Fiscal Years 2004-05 and 2005-06 of $1,597,500. 3 AGREEMENT FOR SERVICES BETWEEN WOODBURN URBAN RENEWAL AGENCY AND CITY OF WOODBURN This Agreement for Services (Agreement) is entered into between the City of Woodburn (City), an Oregon municipal corporation, and the Woodburn Urban Renewal Agency (the Agency), the urban renewal agency of the City of Woodburn, created pursuant to ORS 457.035 through ORS 457.460. Recitals Whereas, by Ordinance No. 2283 the City activated its urban renewal agency pursuant to ORS 457.055, and designated the City Council of the City of Woodburn to exercise the urban renewal powers pursuant to ORS 457.045 (3); and Whereas, by Ordinance No. 2298 the City Council adopted the Woodburn Urban Renewal Plan (Plan), Section 1100 of which states, in part: "...the Agency may borrow money from, or lend money to a public agency in conjunction with a joint undertaking of a project authorized by this plan."; and Whereas, Section 600 of the Plan identifies as projects which may be undertaken pursuant to the Plan in the urban renewal area: A) Public Improvements including construction and repair of parks, streets, and sidewalks; and C) Plan Administration including personnel and other administrative costs incurred in management of the renewal plan; and Whereas, the City and the Agency work in partnership to accomplish the provisions of the Plan adopted by the City Council and put before the Agency for implementation, and Whereas, the City and the Agency wish to clarify the relationship between the City and the Agency with respect to services to be provided by the City to the Agency, and the Agency's obligation to pay the City for those services, and NOW THEREFORE, the City and the Agency agree as follows: Terms of Agreement In consideration for reimbursement for the costs of services and materials and projects according to the terms of this Agreement, the City will provide the following services and materials to the Agency according to the terms of this Agreement: Personnel Services. 1.1 City staff to provide all staff services required to implement and administer the Plan and any other Agency activities. Staff assigned to perform functions in support of the Agency will continue to be PAGE I - CITY/AGENCY REIMBURSEMENT AGREEMENT, 2004-06 4. 1.2 1.3 employees of the City and will provide services to implement Plan as directed by the Agency. The City will not charge the Agency for these staff services pursuant to this Agreement. Nothing in this Agreement, however, shall prevent the City from requiring reimbursement from the Agency for these services in future written agreements. The City Administrator has final and exclusive authority over decisions to hire, fire and discipline the City employees assigned to perform functions in support of the Agency, under the City's personnel rules and policies. Except as specifically provided in other sections of this Agreement or as set out in a future written agreement of the parties, charges to the Agency for materials will be the same as any inter-departmental City charge. Insurance. 2.1 The City will procure and maintain property and liability insurance covering the Agency's activities at such levels as the Agency deems necessary and appropriate. The City will not charge the Agency for insurance premiums pursuant to this Agreement. Nothing in this Agreement, however, shall prevent the City from requiring the Agency to pay for this coverage in future written agreements. Professional and Consultinq Services. 3.1 The City and the Agency will consult with one another regarding selection of independent contractors providing professional and consulting services, including bond counsel and the financial advisor for debt issuance for the Agency, if any; general or specialized urban renewal consulting, and audit services for the Agency. Legal Services. 4.1 The Agency may obtain legal services from the City Attorney and/or outside legal counsel as the Agency determines, in consultation with the City, best meets the needs of the project or issue at hand. The Agency shall not reimburse the City for legal services requested of the City Attorney for the period of this Agreement. Nothing in this Agreement, however, shall prevent the City from requiring reimbursement from the Agency for these services in future written agreements. The Agency shall be responsible for the PAGE 2 - CITY/AGENCY REIMBURSEMENT AGREEMENT, 2004-06 5 cost of legal services provided to the Agency by outside legal counsel. 4.2 If legal services are provided jointly to the City and the Agency, the City and the Agency will agree on a cost allocation for such services prior to such services being rendered. Accountin.q Services. 5.1 The City shall provide all accounting services related to the Agency's debt service fund and investment of funds pursuant to this Agreement. Nothing in this Agreement, however, shall prevent the City from requiring reimbursement from the Agency for these services in future written agreements. The City will not charge the Agency for these accounting services pursuant to this Agreement. Financial Matters. 6.1 Except as specifically provided herein, the City agrees that it will not make any charge against any Agency account without first obtaining the approval of the Agency. 6.2 The Agency will cooperate with providing all necessary financial information to the City for the City to include in its Comprehensive Annual Financial Report (CAFR). 6.3 The Agency's financial records will be available for inspection by City at all reasonable times. Public Improvements. 7.1 The City will act as the lead agency for the purpose of constructing projects in the urban renewal area, and will be responsible for project design and engineering, obtaining any planning approvals and permits, for forwarding payment of any standard fees, and for construction management for construction projects. 7.2 Projects that will be constructed in the urban renewal area during the term of this Agreement, consistent with those shown on Exhibit A, are joint projects of the City and the Agency. The Agency and the City shall share the costs of these projects according to the reimbursement schedule in Exhibit A. 7.3 All public improvements constructed by the City and Agency during the term of this Agreement shall be accepted, owned, and maintained the City after construction is complete. PAGE 3 - CITY/AGENCY REIMBURSEMENT AGREEMENT, 2004-06 6 o o Compensation. Agency shall pay to the City an amount not-to-exceed $1,597,500 for the services and projects described in this Agreement during the term of the Agreement. The parties have agreed to a schedule for Agency's payment for such services and projects, which is attached hereto and incorporated as Exhibit A. Exhibit A may be amended by mutual agreement of the parties. Term and Termination. 9.1 The term of this Agreement shall be effective retroactive to July 1, 2004 and shall continue through June 30, 2006, unless terminated pursuant to this section. 9.2 Either party may terminate this Agreement at any time by giving the other party written notice not less than ninety (90) days prior to the proposed termination date. DATED this day of ,2005. WOODBURN URBAN RENEWAL AGENCY CITY OF WOODBURN, OREGON Chair City Administrator PAGE 4 - CITY/AGENCY REIMBURSEMENT AGREEMENT, 2004-06 8 EXHIBIT A SCHEDULE OF SERVICES, MATERIALS, AND PROJECTS REIMBURSED BY THE WOODURN URBAN RENEWAL AGENCY - 2004/05 and 2005/06 Reimbursable UR Consulting Services Independent Legal Counsel Audit Services Downtown Plaza Project Front Street Reconstruction Project (Phase I) Front Street Reconstruction Project (Phase II) Maximum Maximum Total Reimbursement Reimbursement Maximum 2004105 2005/06 Reimbursement $5,000 $2,500 $7,500 $5,000 $2,500 $7,500 $5,000 $1,500 $6,500 $325,000 $611,000 $325,000 $611,000 $640,000 $64O,000 TOTAL $340,000 $1,257,500 $1,597,500 8