Loading...
HomeMy WebLinkAbout07-25-22 SPECIAL Study Session Agenda PacketSPECIAL STUDY SESSION AGENDA CITY COUNCIL CITY OF WHEAT RIDGE, COLORADO 7500 W. 29th Ave. Wheat Ridge CO July 25, 2022 To commence at the conclusion of the Regular City Council Meeting This meeting will be conducted as a virtual meeting, and in person, at 7500 West 29th Avenue, Municipal Building, if allowed to meet on that date per COVID-19 restrictions. Some members of the City Council or City staff will be physically present at the Municipal building for this meeting. The public may participate in these ways: 1. Attend the meeting in person at City Hall. Use the appropriate roster to sign up to speak upon arrival 2. Provide comment in advance at www.wheatridgespeaks.org (comment by noon on July 25, 2022). 3. Virtually attend and participate in the meeting through a device or phone: • Click here to join and provide public comment Or call +1-669-900-6833 with Access Code: 836 5099 4558 • Passcode: 379367 4. Join the meeting live or later at www.wheatridgespeaks.org, Channel 8, or YouTube Live at https://www.ci.wheatridge.co.us/view Individuals with disabilities are encouraged to participate in all public meetings sponsored by the City of Wheat Ridge. Contact the Public Information Officer at 303-235-2877 or wrpio@ci.wheatridge.co.us with as much notice as possible if you are interested in participating in a meeting and need inclusion assistance. Public Comment on Agenda Items 1. Community Partners Grant Program Committee Recommendations 2. 2E Bond Update and Future Bonding Discussion 3. Staff Report(s) 4. Elected Officials’ Report(s) ADJOURNMENT Memorandum TO: Mayor and City Council THROUGH: Patrick Goff, City Manager FROM: Marianne Schilling, Assistant to the City Manager DATE: July 17, 2022 (for July 25 Special Study Session) SUBJECT: Community Partners Grant Program Committee Recommendations ISSUE: City Council created the Community Partners Grant Program (formerly the Outside Agency Program) Committee in June 2016 to review outside agency applications and present recommendations to City Council on the funding amounts each organization should receive. The purpose of creating this committee was to provide an additional opportunity for residents to participate in the budget process, and to give the committee members the opportunity to weigh community needs against available resources and provide recommendations to City Council. BACKGROUND: The total amount of funds distributed in early 2021 was $133,800. In May 2022, two new Wheat Ridge residents were appointed by City Council to serve on the committee for a two-year term to expire in July 2023. Moving forward each year, new members will join for a two-year term so that the committee will be comprised of both experienced and new members each year. District I: Jerry DiTullio District I: Brooke Allison District II: Cathy Milkey District II: Lisa Rucker District III: Sheila Red District III: Laura McGarry District IV: Carol Mathews District IV: Vacant In July 2021, City Council provided consensus to increase the funding budget for the program to $160,000. RECOMMENDATIONS: The committee reviewed applications and listened to presentations from 23 different community organizations, totaling $182,630 in requests. This is an overall increase in funding requests of $25,480 compared to last year. The total number of applicants is down by two agencies compared to last year; however, three new applications were received for the 2023 Community Partners Grant Program: Foothills Regional Housing, Hope Connection and Community, and The Rising/Mission Arvada. The review committee is recommending granting $160,000 to community partners in the 2023 budget. Community Partners Grant Program Committee Recommendations July 25, 2022 Page 2 Several members of the committee will be present at the July 25, 2022 Special Study Session. Jerry DiTullio (District I) and Cathy Milkey (District II) will present the committee’s recommendations and answer any questions from Council. Attachment(s): 1. 2023 CPGP Funding Request Summary Community Partners Grant Program Applicant Description of Program Description of Request Active Transportation Advisory Team The Wheat Ridge Active Transportation Advisory Team serves and engages the community by connecting people of all ages, resources and abilities with positive opportunities to safely navigate the city without a car. The ATATs are requesting additional funding compared to prior years in order to obtain dedicated storage space for the Cycle Trooper pedicab, bikes and parts acquired and refurbished for donation to the community, and books collected in support of ride for reading programs. Applewood Community Foundation The mission of Applewood Community Foundation is to support business and community development in the greater Applewood area. It endeavors to foster community pride, local leadership, and neighborhood improvement in all aspects of our charitable activities. Request includes funding for: Creation of grant opportunities for community activities, schools, non-profits and small businesses in Applewood. CASA of Jefferson & Gilpin Counties CASA of Jeffco/Gilpin's mission is to recruit, train and manage volunteers who serve as independent lay advocates for children who are victims of neglect and physical and/or sexual abuse. Request includes funding for: CASA Jeffco/Gilpin to recruit, train and manage additional CASA volunteers, who in turn would advocate for child citizens of Wheat Ridge who have been abused or neglected. Community Table Community Table strives to improve the quality of life for neighbors in need by providing the food and resources people need to lift themselves from poverty. Request includes funding for: • Hunger Relief - A portion of funding will be used for emergency food assistance—Client Choice Pantry and Feeding the Future • Self-Sufficiency. The remaining funds will be used to support the emergency financial needs of struggling families and continued efforts to help them become self-reliant. Family Tree Family Tree's mission is to help Wheat Ridge children and families overcome child abuse, domestic violence and homelessness. Funding request would help to support direct services to Wheat Ridge residents and foster positive, transformational impact in their lives and the community Foothills Regional Housing Foothills Regional Housing is the Public Housing Authority serving Jefferson County residents. Foothills Regional Housing owns and operates 21 affordable housing communities, 8 of which are in Wheat Ridge. Foothills Regional Housing will use these funds to provide the roughly 200 residents of Caesar Square, one of their affordable housing communities, with a library of new books to be housed in the property’s brand-new community building. Friends of Paha Friends of Paha is a non-profit organization comprised solely of volunteers with the goal of raising funds to help financially support Camp Paha, the City of Lakewood's summer day programs for youth and young adults with disabilities. Friends of Paha is requesting funding to provide direct program support to provide camperships to youth and young adults to participate in Camp Paha in 2023. Due to recent changes in how Medicaid funding can be utilized, FOP is anticipating a large influx of scholarship requests for the upcoming year. Hope Connection and Community HCC provides direct support to local residents through a direct grocery order program, an annual community garden, and their Hope for Kids program which supports underprivileged youth by providing school supplies and a day of shopping for new school clothes. The grant funds will enable HCC to increase the monthly amounted budgeted for food assistance to Wheat Ridge families. 2023 Funding Request Summaries ATTACHMENT 1 Jefferson Center for Mental Health Jefferson Center provides a variety of outpatient programming for both groups and individuals; has established a presence in primary care offices across the area to offer integrate primary/behavioral healthcare; offers essential case management and public resource navigation services; and delivers effective substance use and withdrawal management services to the area. Requested funding would be used specifically to continue support the 0.5 counseling position at Kullerstrand Elementary. Approximately 200 students enrolled at Kullerstrand Elementary School will have continued access to mental health services. (Everitt and Stevens are bigger schools with higher enrollment and more funding available to support counseling services). Jefferson County Library Foundation Jefferson County Library Foundation (JCLF) provides critical support to Jefferson County Public Library (JCPL), expanding free programs and services to all Jefferson County residents. Through public outreach, advocacy and fundraising JCLF strengthens JCPL and promotes greater awareness of its valuable resources and services, helping JCPL ensure free and equal access to information and great literature to all Jeffco residents. Requested funds would be used for an art submission event. The library will distribute art supplies appropriate for 2D art to library patrons of all age groups, through outreach events around Wheat Ridge and at other library-sponsored events. The library will host an art event at the Wheat Ridge Library to drum up interest and to give drawing, painting, or sculpting tips. Jewish Family Services JFS helps seniors maintain a high quality of life, provides quality mental health counseling to children and adults, offers training and job placement to people with significant barriers to employment, and provides food and financial aid to individuals and families in crisis. Requested funding would be used to support the vital services that ensure the health, safety, and welfare of older adult residents of Wheat Ridge. ACC care managers offer information about, referrals to, and assistance connecting with community resources designed to help older adult residents in Wheat Ridge maintain their independence and quality of life. Outdoor Lab Foundation Outdoor Lab aims to develop stewardship of self, community and environment. It builds social cohesion among Wheat Ridge students by teaching and focusing on I CARE core values—Integrity, Commitment, Awareness, Respect, Empathy. Outdoor Lab also improves students’ physical health, health literacy and emotional well-being through physical activity, self-care and healthy eating, and offers a 24-hour clinic led by a registered nurse. The requested funding would support OLF in ensuring that all students have the opportunity to participate in programming, regardless of their ability to pay. Funding will be used to offset program costs for Everitt Middle School students qualifying for free and reduced-priced lunch (~110 students). Regional Air Quality Council The RAQC’s program help ensure that residents can enjoy the beautiful outdoors of Colorado by maintaining federal health standards for pollutants. The RAQC uses the funding from its local government partners to implement air quality programs and to match federal grants that provide programs which allows the RAQC to provide services to Wheat Ridge and the nine- county Denver metro/North Front Range area including: Ozone State Implementation Plan work (compliance with federal air quality standards), Fuels and Motor Vehicle Work, Charge Ahead Colorado, Governor’s ALT Fuels Program, Clean Air Fleets Program, Outreach and Public Education, Simple Steps. Better Air, Public alerts regarding high ozone days to citizens, Mow Down Pollution Residential Lawn Mower Exchange Program, Mow Down Pollution Commercial Program, Voluntary Optical Gas Imaging Camera Loan Program, Transportation/Air Quality Planning and Coordination work, Local Government Assistance. Seniors' Resource Center The Seniors' Resource Center is dedicated to enhancing the independence, dignity and quality of life for seniors in the Metro Denver Area and surrounding communities. Services include transportation, in home care and adult daytime programs which provide life enriching activities and support both older adults and their caregivers. The funding request would be used to support its Community and In-home Care Services, and Adult Day and Respite Services. Requested funds are needed to pay essential program and operating expenses, and other overhead expenses that allow SRC to provide direct services for older adults. Sunshine Home Share Sunshine promotes aging in place through a safe, care-managed, home-sharing model that generates income and assistance for seniors while accessing untapped affordable housing for home seekers. The requested funding would support the Financial Wellness and Empowerment Program, which encourages clients to address financial stressors helping focus on feelings, thoughts, and attitudes about money to make long-lasting behavior changes. The Action Center The Action Center's mission is to provide an immediate response to basic human needs and promote pathways to self-sufficiency through a variety of client services. With the assistance of a dedicated staff and volunteer case management team, participant’s needs are addressed and met. Funding from the City of Wheat Ridge will support operational costs of running the Food Program, including food purchases and transportation costs. The Action Center team makes about 30 runs a week to collect food from local grocery distributors. The food is then sorted and distributed, and as of this summer will be back on the shelves of the indoor Self-Select Grocery. The Rising/Mission Arvada The homeless are invited to the Mission for encouragement, food, and personal help. Visitors to the day shelter can sign up to take showers, eat a hot meal, visit the food bank, obtain clothing and hygiene items, obtain severe weather gear and participate in activities or service opportunities being offered. As relationships are developed, the current volunteer staff of Mission Arvada help work with the needs of each homeless individual toward a path of sustainability. Funding will be use to support the Saturday food pantry, which offers fresh produce, meat, dairy and eggs, along with staples. Wheat Ridge Community Foundation By enabling community organizations to accept charitable and tax-free donations, the Wheat Ridge Community Foundation directly supports the efforts of the participating organizations in their missions to improve the health, safety, welfare and quality of life for Wheat Ridge residents. The funding requested would support: • Professional Accounting • Client Fund Manager • WRCF Endowment Matching Donation Wheat Ridge High School STEM program The STEM program educates students in Wheat Ridge and provides learning opportunities in the areas of design, manufacturing, assembly, multi- media, professional presentation practices, working in group situations and working with the community and City to allow for large hands-on open-ended projects. The funding requested would go directly to purchasing materials for the students so they can manufacture what they design in the engineering classes. This would include: Shell Eco-marathon cars, NASA Human Powered Rover and small Battle Bots. The funding would also support the fundraising golf tournament in the summer of 2023. Wheat Ridge Optimist Club The Wheat Ridge Optimist Club focuses on providing services to Wheat Ridge youth, primarily through involvement with Wheat Ridge schools. Their motto is: “By Providing Hope and Positive Vision, Optimists Bring Out the Best in Youth, Ourselves and Our Community”. This funding will be used 100% for the Christmas program. The requested funding would support the Christmas Program. The Optimist Club provides gift certificates for clothing and food along with toys to Wheat Ridge families in need as chosen by Wheat Ridge school administrators. EVENTS Intermountain Healthcare - Lutheran Medical Center Foundation: The White Rose Evening The White Rose Evening is Lutheran Medical Center Foundation’s annual celebration to support Lutheran Collier Hospice Center. The support received is essential to offer the very best hospice and palliative care to their patients. Requested funding would go toward a sponsorship of the annual White Rose Evening. This event raises money for Lutheran Hospice, which provides a full spectrum of services including home hospice care and inpatient hospice services at Lutheran Hospice at the Collier Hospice Center as well as palliative care. Farmers 5000 Farmers 5000 is an annual fundraising event for Wheat Ridge High School. Requsted funding would go toward the cost of the annual Farmers 5000 race. The funds raised are used to support WRHS students, enhance learning experiences, provide necessary school and personal items for the most needy, and update equipment for a variety of departments, from Science to Music. Friends of Stevens: Community Celebration Event Friends of Stevens is the parent/teacher/student/family/community non- profit Parent/Teacher Organization (PTO) for Stevens Elementary, and FOS funds are managed through the Wheat Ridge Community Foundation Funds would support the Community Celebration Event. The money would be used to purchase food and related supplies for attendees (e.g., burgers, hot dogs, buns, condiments, beverages, ice, cups, plates, utensils, etc.) and support activities for attendees (e.g., the purchase of sidewalk chalk, rental fees for an inflatable jumping castle - the largest ticket-item for the event, etc.). Memorandum TO: Mayor and City Council FROM: Patrick Goff, City Manager DATE: July 19, 2022 (for July 25 Study Session) SUBJECT: 2E Bond Update and Future Bonding Discussion ISSUE: At the regular general election held on November 8, 2016, the electorate of the City approved ballot question 2E, which temporarily increased the sales and use tax levied by the City by one-half of one percent (3% to 3.5%) for up to 12 years or $38.5 million, whichever occurs first. It also authorized the issuance of debt to finance City investment in public infrastructure to facilitate economic development opportunities. Sales and use tax revenue bonds were issued on May 2, 2017 to finance four specific City investments including Anderson Park, Wadsworth Boulevard, Wheat Ridge Ward Gold Line station development and the Clear Creek Crossing development. The purpose of this study session is to provide an update to City Council on the status of the 2E bond projects, the 2E Bond Fund and to start the conversation concerning a potential extension of the 0.5% tax increase and the issuance of additional bonds for capital infrastructure projects. PRIOR ACTION: City Council had discussions at the March 21, 2016, April 18, 2016, and May 2, 2016 study sessions to discuss new or increased revenue sources for City operations and capital expenditures. City Council appointed the DIRT Task Force at a special meeting on May 2, 2016 to update and prioritize infrastructure needs in the City The DIRT Task Force presented their recommendations to City Council on June 13, 2016. City Council met in study session on July 11, 2016, July 25, 2016 and August 1, 2016 and discussed the DIRT Task Force recommendations and a consensus was reached to consider a sales and use tax rate increase for the 2016 ballot to fund a portion of the DIRT Task Force recommendations. On August 22, 2016, City Council approved Council Bill No. 17, an ordinance giving notice of and calling for a special municipal election to be held November 8, 2016 and submitting a ballot question concerning a temporary increase of one-half of one cent (0.50%) in the City’s sales and use tax rate. FISCAL IMPACT: The par amount of the bond issue was $30,595,000 with a net premium of $2,687,079 for a total of $33,282,079. Of this amount $33 million was deposited into Fund 31 for the four specific City investments, $152,975 was allocated for the underwriter’s discount and $129,104 for costs associated with the bond issue. The temporary 0.5% sales and use tax rate is required, by the approved ballot language, to expire in 12 years (2028) or when $38.5 million in revenue is raised. Staff estimates $28.6 million will be raised from the 0.5% tax rate through the end of 2022 and $38.5 by the 3rd or 4th quarter of 2024. The maximum repayment cost of the bonds will not exceed $38,500,000 and maximum annual repayment cost will not exceed $3,700,000. Final principal and interest payments will be made in 2027 for a total bond repayment amount of $37,809,255. The 2E Bond Fund is estimated to earn just over $1.6 million in interest revenue through 2022. BACKGROUND: On January 22, 2007, City Council officially ratified the creation of Mayor DiTullio’s Drainage, Infrastructure, Roads and Trails (DIRT) Task Force. The mission of the Task Force was: To identify and prioritize projects that will protect and improve the quality of life for citizens, complement the business community and make Wheat Ridge a city where citizens want to live, work, play and become stakeholders within the community. The Task Force was made up of ten Wheat Ridge residents, the Wheat Ridge City Treasurer, the WR2020 Executive Director, three council members, one rotating council member and two youth representing Wheat Ridge High School. The Task Force met over several months to review over $143 million of unfunded infrastructure projects identified by City Council and staff in the following categories: 1. Parks, Trails and Recreation 2. Roadway and Streetscape 3. Power Line Under Grounding 4. Storm Sewer/Drainage Improvements 5. Facility Improvements 6. Information Technology Infrastructure 7. Land Banking Each project was first prioritized based on the following criteria which originated from the City Council Goals at that time: 1. Creating a Sustainable City Government 2. City Prepared for Growth and Opportunities 3. Strong Partnership Between City, Community and Region 4. Better Quality Housing Stock 5. Redevelopment of Major Corridors The top four projects in each infrastructure category were than ranked based on the following criteria which originated from the City of Wheat Ridge Vision Statement and Core Businesses: 1. Enhances Public Infrastructure and Facilities 2. Contributes to a Safer Community 3. Enhances Community Aesthetics 4. Enhances Accessibility 5. Facilitates Economic Expansion 6. Builds Neighborhoods and the Community 7. Provides New or Enhanced Leisure Services 8. Enriches Citizens’ Lives A final list of 26 projects were ranked in priority order but no new funding sources were identified at that time to fund these projects. On April 18, 2016, consensus was reached by City Council to revisit the DIRT Task Force prioritization list and update or reprioritize based on current circumstances. A new task force of eight community members was appointed by City Council on May 2, 2016. The task force presented their recommendations to City Council on June 13, 2016, at which time City Council directed staff to prepare an ordinance for the November 2016 ballot for a temporary, one-half of one cent (0.50%) sales and use tax increase and the authority to issue bonded debt for the following four projects. Improvements to Anderson Park • Status: Project complete • 2E funds spent: $4,599,945 This project included a complete renovation and modernization of the Anderson Building, which reconfigured the space to allow for additional programming and improved the locker rooms for the outdoor pool. The project also improved the sports fields, installed new baseball field lights, constructed a new performance pavilion, created new access to Clear Creek, built new trails, and resurfaced the parking lots. Clear Creek Crossing Access Ramps • Status: Project complete • 2E funds spent through 2021: $20,958,735 The City initially allocated $10 million of 2E funds towards the construction of the on and off-ramps from I-70 to the Clear Creek Crossing mixed-use development. The initial $10 million was spent between 2017 and August 2020. A provision in the City’s intergovernmental agreement with Longs Peak Metropolitan District (LPMD) specifies the City will pay the total cost of the access ramp project and be reimbursed for all expenses above $10 million once bonds are issued by LPMD. The City diverted funds from the Wheat Ridge · Ward Station project to complete the access ramps at Clear Creek Crossing. LPMD reimbursed the City in 2021 and 2022. Wadsworth Improvement Project • Status: Construction began October 2021 • 2E Funds spent through 2021: $7,439,950 In April 2016, the City of Wheat Ridge initiated the improvement project for Wadsworth Boulevard between 35th Avenue and I-70. The first phase, an Environmental Assessment, was completed in 2019 with input from the local community. Construction on the first phase of the project from 41st Avenue to I-70 began in October 2021 at a project cost of approximately $35 million. 2E funding, along with $1.25 million of additional Capital Improvement Program (CIP) funds, were used to provide the City’s local match for two federal transportation grants and a CDOT Main Streets grant totaling $19.2 million. Additionally, the City was awarded two federal safety grants with CDOT matches for a total of $4.7 million. CDOT has also committed $4.1 million in maintenance funding towards the project. Two other grants totaling $3.8 million were also received. Phase two of the project, with an estimated budget of $8 million, will finish improvements to Wadsworth from 41st Avenue to 35th Avenue. City Council directed staff to encumber funds from the Longs Peak Metropolitan District reimbursement for this phase of the project. In addition, the City has requested an additional $4 million from Congress for phase two of the project. The request has been accepted and included in the draft Transportation Committee budget for Fiscal Year 2022/2023. Wheat Ridge · Ward Station • Status: Design and right-of-way acquisitions underway • 2E Funds spent through 2021: $2,474,464 The City originally allocated $12 million of 2E funds to address traffic, and multi-modal transportation needs to facilitate redevelopment and economic development opportunities in the area surrounding the G Line commuter rail station. However, a majority of this funding was diverted to complete the Clear Creek Crossing access ramp project. In 2021, the Wheat Ridge Urban Renewal Authority issued bonds which includes $13.7 million to complete these projects. In addition, an application for up to $8 million for construction funding was submitted to DRCOG in June. If the City is awarded this $8 million in funding from DRCOG, the Urban Renewal funding will be available for other projects or activities. Designs for 52nd Avenue, Tabor Street and Ridge Road street improvements were completed in 2021 and bids for construction will be out this summer. Designs for a pedestrian bridge, plaza, and trail from the station area south to the I-70 Frontage Road are 30% complete. Updated conceptual plans have been completed for these improvements and are being reviewed by staff. NEXT STEPS: Staff has identified over $113 million in unfunded transportation, bicycle/pedestrian, facility, floodplain, drainage, and parks and recreation infrastructure and other maintenance projects. Historically, major infrastructure and maintenance projects in the City have been deferred for long periods or were funded through a “pay-as-you-go” model. Although the 2E Bond Fund projects have not been fully completed, I believe this has been an effective model for funding major infrastructure projects in the City. Staff requests further discussion and direction from City Council on continuing a bonding model to fund the City’s critical infrastructure needs. 1. Is bonding an effective model for funding critical infrastructure projects? 2. Considering the current temporary sales and use tax increase of 0.05% will expire in 2024, should the City consider a ballot question to extend the tax for a certain period of time? 3. Should the City issue additional bonds for infrastructure projects? 4. Should the City conduct polling to determine the communities’ level of support for an extension of the temporary sales tax and additional bonding authority? ATTACHMENTS: 1. Council Bill No. 17-2016, Ordinance No. 1605 CITY OF WHEAT RIDGE, COLORADO INTRODUCED BY COUNCIL MEMBER POND Council Bill No. 17 Ordinance No. 1605 Series of 2016 TITLE: AN ORDINANCE GIVING NOTICE OF AND CALLING FOR A SPECIAL MUNICIPAL ELECTION TO BE HELD NOVEMBER 8, 2016 AND SUBMITTING A BALLOT QUESTION CONCERNING A TEMPORARY INCREASE OF ONE-HALF OF ONE CENT (0.50%) IN THE CITY'S SALES AND USE TAX RATE FOR TWELVE YEARS, WITHOUT INCREASING PROPERTY TAX, AND THE ISSUANCE OF DEBT TO FINANCE CITY INVESTMENT IN PUBLIC INFRASTRUCTURE TO FACILITATE ECONOMIC DEVELOPMENT OPPORTUNITIES WHEREAS, the Home Rule Charter for the City of Wheat Ridge, Section 2.2 requires that a special election shall be called by resolution or ordinance of the City Council no less than 60 days in advance of such special election; and WHEREAS, the Council is authorized to refer questions to the voters by the Home Rule Charter and by CRS 31-11-111; and WHEREAS, the Council desires to give notice of and call a special election to be held on the same date as and coordinated with the general election on November 8, 2016. NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WHEAT RIDGE, COLORADO: Section 1. Special election called Pursuant to the Wheat Ridge City Charter Sections 2.2 and 6.3 and CRS 31-10- 501 and 31-11-111 , the City hereby gives notice of and calls a Special Municipal Election to be held November 8, 2016 for the purpose of referring the Ballot Questions set forth in Section 2 to the voters of the City. Section 2.Ballot question referred to voters Ballot Question and Title: SHALL THE CITY OF WHEAT RIDGE DEBT BE INCREASED BY UP TO $33,000,000, WITH A REPAYMENT COST OF LESS THAN $38,500,000, AND SHALL THE CITY OF WHEAT RIDGE TAXES BE INCREASED BY UP TO $3 , 700,000 ANNUALLY IN THE FIRST FULL FISCAL YEAR, AND BY WHATEVER ADDITIONAL AMOUNT IS RECEIVED FOR 11 YEARS THEREAFTER, WITHOUT INCREASING PROPERTY TAX, BY ATTACHMENT 1 INCREASING THE RATE OF SALES AND USE TAX BY 1 /2 CENT PER DOLLAR, WITH THE PROCEEDS TO BE USED ONLY FOR THE FOLLOWING PUBLIC INVESTMENTS: • ANDERSON PARK IMPROVEMENTS o IMPROVEMENTS TO ANDERSON PARK TO PROVIDE UPGRADED, RENOVATED AMENITIES AND FACILITIES THAT ENHANCE RECREATIONAL OPPORTUNITIES AND MEET THE CURRENT NEEDS OF PARK AND FACILITY USERS AND TO REDUCE MAINTENANCE AND REPAIR COSTS; RENOVATIONS TO INCLUDE BUT NOT BE LIMITED TO, RENOVATION OF THE ANDERSON BUILDING AND OUTDOOR POOL LOCKER ROOMS AND IMPROVEMENTS TO SURROUNDING PARK AMENITIES -ESTIMATED PROJECT COST $4,000,000; • WADSWORTH BOULEVARD RECONSTRUCTION -35rH AVENUE TO INTERSTATE-70 o RECONSTRUCTION OF WADSWORTH BOULEVARD TO PROVIDE AN IMPROVED MULTI-MODAL TRANSPORTATION FACILITY AND STREETSCAPE IMPROVEMENTS, TO RELIEVE AND MITIGATE SEVERE TRAFFIC CONGESTION AND FACILITATE REDEVELOPMENT AND ECONOMIC DEVELOPMENT OPPORTUNITIES -ESTIMATED CITY SHARE OF TOTAL PROJECT COST $7 ,000,000; • WHEAT RIDGE -WARD COMMUTER RAIL STATION AREA o CONSTRUCTION OF STREET, BICYCLE/PEDESTRIAN, PUBLIC AMENITIES AND OTHER INFRASTRUCTURE IMPROVEMENTS TO ADDRESS TRAFFIC GROWTH AND FACILITATE REDEVELOPMENT AND ECONOMIC DEVELOPMENT OPPORTUNITIES IN THE AREA SURROUNDING THE GOLD LINE STATION INCLUDING, BUT NOT LIMITED TO, RECONSTRUCTION OF RIDGE ROAD, 52No AVENUE AND TABOR STREET, A TRAFFIC SIGNAL AT THE WARD ROAD/RIDGE ROAD INTERSECTION AND A PEDESTRIAN BRIDGE OVER RAILROAD TRACKS LINKING THE JOB CENTERS TO THE SOUTH - ESTIMATED CITY SHARE OF TOTAL PROJECT COST $12,000,000; • CLEAR CREEK CROSSING -MIXED-USE DEVELOPMENT SITE ON THE WEST SIDE OF 1-70 AT 38TH AND YOUNGFIELD o CONSTRUCTION OF ON AND OFF HOOK RAMPS FROM INTERSTATE 1-70 INTO THE CLEAR CREEK CROSSING DEVELOPMENT TO RELIEVE TRAFFIC CONGESTION AND IMPROVE VEHICULAR ACCESS AND TO FACILITATE REDEVELOPMENT AND ECONOMIC DEVELOPMENT IN A NEW MIXED-USED, SALES TAX GENERATING REDEVELOPMENT SITE -ESTIMATED CITY SHARE OF TOTAL PROJECT COST $10,000,000; SUCH INCREASE IN THE SALES AND USE TAX RATE TO BEGIN ON JANUARY 1, 2017 AND END WHEN REVENUES FROM SUCH SALES AND USE TAX RA TE INCREASE REACH $38,500,000 OR ON DECEMBER 31 , 2028, WHICHEVER OCCURS FIRST; SUCH DEBT TO BE SOLD IN ONE SERIES OR MORE AT A PRICE ABOVE, BELOW OR EQUAL TO THE PRINCIPAL AMOUNT OF SUCH DEBT AND ON SUCH TERMS AND CONDITIONS AS THE CITY MAY 2 DETERMINE, INCLUDING PROVISIONS FOR REDEMPTION OF THE DEBT PRIOR TO MATURITY WITH OR WITHOUT PAYMENT OF A PREMIUM OF NOT TO EXCEED 3.00%; AND SHALL THE REVENUES RAISED BY SUCH SALES AND USE TAX RATE INCREASE AND PROCEEDS OF SUCH DEBT, AND ANY OTHER REVENUE USED TO PAY SUCH DEBT, INCLUDING ANY INTEREST AND INVESTMENT INCOME THEREFROM, BE COLLECTED AND SPENT BY THE CITY AS A VOTER-APPROVED REVENUE CHANGE PURSUANT TO ARTICLE X, SECTION 20 OF THE COLORADO CONSTITUTION? YES: __ NO: -- Section 3. Severability, Conflicting Ordinances Repealed. If any section, subsection or clause of this Ordinance shall be deemed to be unconstitutional or otherwise invalid, the validity of the remaining sections, subsections and clauses shall not be affected thereby. All other ordinances or parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. Section 4. Effective Date. This Ordinance shall take effect upon final adoption and signature by the Mayor as permitted by Section 5.11 of the Home Rule Charter. INTRODUCED, READ, AND ADOPTED on first reading by a vote of 8 to 0 on this Slh day of August, 2016, ordered published in full in a newspaper of general circulation in the City of Wheat Ridge, and Public Hearing and consideration on final passage set for August 22, 2016 at 7:00 p.m., in the Council Chambers, 7500 West 29th Avenue, Wheat Ridge, Colorado. ADOPTED on second and final reading following public hearing and ordered published by a vote of _a_ to_o _on the 22naay of August , 2016. SIGNED by the Mayor on this __ 2_2_nd~ __ Au_,g._u_s_t _____ , 2016. ATIEST: Gerald E. Dahl, City Attorney First Publication: August 11 , 2016 Second Publication: August 25 , 2016 Wheat Ridge Transcript Effective Date: August 22 , 2016 4