HomeMy WebLinkAboutCity Council Minutes 03-13-2017@l)W~~
CITY OF WHEAT RIDGE, COLORADO
7500 WEST 29™ AVENUE, MUNICIPAL BUILDING
March 13, 2017
Mayor Jay called the Regular City Council Meeting to order at 7:00 p.m.
PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA
ROLL CALL OF MEMBERS
Monica Duran Janeece Hoppe Kristi Davis Tim Fitzgerald Larry Mathews
Members Absent: Zachary Urban, George Pond, Genevieve Wooden
Clerk Shaver announced that the absent councilmembers were in Washington DC
attending National League of Cities.
Also present: City Clerk, Janelle Shaver; City Treasurer, Jerry DiTullio; CityAttorney,
Gerald Dahl; Police Chief, Daniel Brennan; Community Development Director, Ken
Johnstone; Parks Director, Joyce Manwaring; Administrative Services Director, Heather
Geyer; Scott Brink, Public Works Director; other staff, guests and interested citizens.
APPROVAL OF Council Minutes of February 27, 2017 and Special Study Notes of
February 27, 2017
There being no objections, the minutes of February 27, 2017 and the Special Study
Notes of February 27, 2017 were approved as published.
PROCLAMATIONS AND CEREMONIES
International Week of Service in Colorado
Mayor Jay read a proclamation designating the week of March 25-31, 2017 as
International Service Week to honor the importance of service organizations, including
the Kiwanis Club of Wheat Ridge, the Wheat Ridge Optimists Club and the Wheat Ridge
Rotary Club .
CITIZENS RIGHT TO SPEAK
Fred Walker (WR) requested the City address the overpopulation of Canada geese. He
thinks cities and the state should take them off the protected list, talk to the NRA and give
the OK to shoot them, then deliver them to a meat processor and give the meat to the
poor.
City Council Minutes March 13, 2017 Page2
Jerry DiTullio (WR) asked for volunteers to be judges for the Capstone projects that
have been prepared by the seniors at WRHS. The event is April 24, with the dinner
complimentary for the judges. They need many judges. If anyone is interested, contact
him or Terry Schreiner at the school at 303-982-7695.
APPROVAL OF AGENDA
1. CONSENT AGENDA
a) Motion to award a contract to Sabell's Enterprises LLLP, Littleton CO, in the
amount of $152,569 for a new irrigation system at Panorama Park, and to
approve a contingency amount of $7 ,628 for a total of $160, 197 [budgeted;
Open Space funds; replaces system installed in 1988]
b) Motion to approve payment to Creative Bus Sales of Colorado Springs, CO.,
for the purchase of a new 2017 StarTrans Senator II 15-Passenger Minibus in
a total amount not to exceed $51,518 [for Active Adult Center; scheduled
replacement; budgeted]
c) Motion to award a contract to Playco Park Builders Inc., Loveland, CO, in the
amount of $72,237 for the purpose of installing playground fall surfacing at
Discovery Park, and to approve a contingency of $3,611.50 for a total amount
of $75,848.50 [replaces wood fiber; increases ADA compliance; decreases
maintenance; budgeted in Conservation Trust Fund]
d) Resolution 06-2017 -amending the fiscal year 2016 Capital Investment
Program (CIP) Budget to reflect the approval of a decreased appropriation in
the amount of $2,813,633 [not all budgeted expenditures were spent]
e) Resolution 07-2017 -amending the fiscal year 2016 Conservation Trust Fund
Budget to reflect the approval of a decreased appropriation in the amount of
$69, 157 {not all budgeted expenditures were spent]
f) Resolution 08-2017 -amending the fiscal year 2016 Open Space Budget to
reflect the approval of a decreased appropriation in the amount of $788,963
[not all budgeted expenditures were spent]
g) Resolution 09-2017 -amending the fiscal year 2016 Budget to reflect the
approval of increased available beginning fund balances in certain funds
[2015 fund balance larger than anticipated when 2016 budget was adopted]
Councilmember Mathews introduced the Consent agenda.
Motion by Councilmember Mathews to approve the consent agenda; seconded by
Councilmember Duran; carried 5-0
PUBLIC HEARINGS AND ORDINANCES ON SECOND READING
2. Council Bill 02-2017 -An ordinance authorizing the issuance by the City of Wheat
Ridge, Colorado of its Sales and Use Tax Revenue Bonds, Series 2017A, and
providing other details in connection therewith
City Council Minutes March 13, 2017 Page 3
The sales and use tax bonds will be issued to finance the projects approved by the voters
at the regular election held on November 8, 2016. The debt for four projects will be
financed by the voter-approved tax increase of 0.50% to last for 12 years or when
$38.5M is raised, whichever comes first.
Councilmember Fitzgerald introduced Council Bill 02-2017.
Clerk Shaver assigned Ordinance 1615.
Mayor Jay opened the public hearing.
Heather Geyer introduced Jason Simmons from First Southwest and Sally Tasker from
Butler & Snow.
Sally Tasker, our bond counsel, explained this ordinance does the following:
Approves the issuance of the bonds and follows the parameters of the ballot question.
Approves the execution and delivery of related documents:
• A bond purchase agreement with the underwriter, George K Baum & Associates
represented by Alan Matlosz, who will market the bonds.
• A paying agent agreement with Colorado State Bank (the bond holder).
• An offering document for the public, with preliminary and final official statements
• A continuing disclosure undertaking for the underwriter (needed before they
market the bonds)
She explained the flow of funds. The % cent of tax authorized by the voters will be tied
down and available only for the four projects.
This is a Parameters Ordinance which authorizes the City Treasurer or City Manager to
do the final pricing on the bonds and sign the sales certificate and the bond purchase
agreement. After the bonds are marketed the final interest rate, maturity and
amortization will be set.
The parameters are the same as the election question:
• Can issue $33M; total repayment of up to $38.5M, with $3.7M maximum yearly
• Maturity date no later than Dec 1, 2028.
• Purchase price at least 100% of the bonds (Will likely sell at a premium, given the
market.)
• The interest rate will not be higher than 3.75 %; they will be tax exempt.
If approved tonight, the bonds can be issued after 45 days.
Jason Simmons, our municipal advisor, reported on discussions with the bond raters.
They will get rates this week; they will be locked in and distributed. Marketing is to be
next week. Baum can market them in the 280-290 range. It will close the first week of
May and the funds will be available for use.
City Council Minutes March 13, 2017 Page4
Bonds have been light in Colorado and these have a short amortization period, so Mr.
Simmons expects they will go successfully next week.
Treasurer DiTullio emphasized that once the bonds are sold $33M will be wired to the
City. That money will be deposited with CSAFE, a Colorado municipal investment firm,
and earn a higher rate of interest than with a CD or money market. Any interest that is
realized can go into the general fund.
Councilmember Mathews inquired about how the interest can be used. Mr. DiTullio said
that "where to put it" would be Council's call -leave it in CSAFE, stream it to the General
Fund, or other. It is not tied to 2E and will be tracked monthly.
There was no public comment.
Mayor Jay closed the public hearing.
Motion by Councilmember Fitzgerald to approve Council Bill 02-2017, an ordinance
authorizing the issuance by the City of Wheat Ridge, Colorado of its Sales and Use Tax
Revenue Bonds, Series 2017A, and providing other details in connection therewith on
second reading and that it take effect immediately upon adoption, seconded by
Councilmember Davis; carried 5-0.
ORDINANCES ON FIRST READING
3. Council Bill 03-2017 -An Ordinance approving the rezoning of property located at
4255 Yarrow Street from Residential-Two (R-2) to Mixed Use-Neighborhood (MU-
N) (Case No.WZ-16-08/Envirofinance Group)
The purpose of the rezoning is to modify and expand the list of permitted uses and to
simplify the review and approval process for future development on the property.
Councilmember Davis introduced Council Bill 03-2017, adding
• The property contains vacant greenhouses that were built in the 1940's.
• This group works on clean-up projects around the state.
• During the referral process it was determined the local streets are adequate to
support the zoning request.
• Additional traffic analysis will be required during the administrative site plan review
process, including whether or not a traffic light is needed at 44th & Yarrow.
Councilmember Davis noted she had watched the Planning Commission hearing on this
case. She inquired why this isn't being rezoned to R-3. Mr. Johnstone advised that it
can't be rezoned to R-3. R-3 is a zone that exists on the books, but is not available for
application anymore.
Mr. Dahl advised that conclusions about this case should be reserved for the public
hearing.
City Council Minutes March 13, 2017 Page 5
Motion by Councilmember Davis to approve Council Bill 03-2017, an ordinance
approving the rezoning property located at 4255 Yarrow Street from Residential-Two (R-
2) to Mixed Use-Neighborhood (MU-N) on first reading, order it published, public hearing
set for Monday, April 10, at 7:00 p.m. in City Council Chambers, and that it take effect 15
days after final publication; seconded by Councilmember Fitzgerald; carried 5-0.
4. Council Bill 04-2017 -An Ordinance extending the Temporary Moratorium on the
submission, acceptance, processing, and approval of applications and requests for
a permit, license land use approval or other approval for a Freestanding
Emergency Room Facility
This ordinance extends the Temporary one-year Moratorium for another six months.
Councilmember Hoppe introduced Council Bill No. 04-2017
Motion by Councilmember Hoppe to approve Council Bill 04-2017, an ordinance
extending the Temporary Moratorium on the submission, acceptance, processing, and
approval of applications and requests for a permit, license land use approval or other
approval for a Freestanding Emergency Room Facility on first reading, order it published,
public hearing set for Monday, March 27, 2017, at 7:00 p.m. in City Council Chambers,
and that it take effect 15 days after final publication; seconded by Councilmember Duran;
carried 5-0
DECISIONS. RESOLUTIONS AND MOTIONS
5. Resolution 10-2017 - a resolution approving a Cooperation Agreement between
the Wheat Ridge Urban Renewal Authority and the City of Wheat Ridge
concerning the Wheat Ridge Cyclery Improvements Agreement
This Cooperation agreement will officially discontinue the collection and remittance of
incremental sales tax from the Wheat Ridge Cyclery TIF to the Urban Renewal Authority,
but will continue to allow the collection and remittance of incremental property tax from
the TIF to the URA through 2032.
Councilmember Duran introduced Item 5.
Motion by Councilmember Duran to approve Resolution 10-2017, a resolution approving
a Cooperation Agreement between the Wheat Ridge Urban Renewal Authority and the
City of Wheat Ridge concerning the Wheat Ridge Cyclery Improvements agreement,
seconded by Councilmember Hoppe; carried 5-0
CITY MANAGER'S MATTERS
City Council Minutes March 13, 2017 Page 6
Chief Brennan noted that Mr. Goff is in Washington DC this week attending National
League of Cities.
CITY ATTORNEY'S MATTERS
CITY TREASURER'S MATTERS
Jerry DiTullio related that three reports are now available on the City website
• December 2016 Monthly Financial Report (unaudited)
• Total Funds investment report from February 2017
• Fruitdale --December 2016 revenue and expenses; under Miscellaneous Reports
CITY CLERK'S MATTERS
Janelle Shaver reported that the Show Cause Hearing for Big Willy's liquor license has
been continued until March 23.
ELECTED OFFICIALS' MATTERS
Tim Fitzgerald reminded folks that he and George Pond are having a District 3 meeting
this Saturday at the Rec Center at 9:30am to discuss District 3. All are welcome.
Mayor Jay noted the tour last week of the Fruitdale project.
ADJOURNMENT
The City Council Meeting adjourned at 7:40
APPROVED BY CITY COUNCIL ON March 27, 2017
The preceding Minutes were prepared according to §47 of Robert's Rules of Order, i.e.
they contain a record of what was done at the meeting, not what was said by the
members. Recordings and DVD's of the meetings are available for listening or viewing in
the City Clerk's Office, as well as copies of Ordinances and Resolutions.