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Home My WebLink AboutPRFD 2007-08-27 Agendas . . ; THE BOARD OF DIRECTORS OF THE NORTH RICH LAND HILLS PARKS AND RECREATION FACILITIES DEVELOPMENT CORPORATION AGENDA AUGUST 27,2007·6:15 P.M. For the Meeting conducted at the North Richland Hills City Hall Council Chambers, 7301 Northeast Loop 820, at 6: 15 p.m. The below listed items are placed on the Agenda for discussion and/or action. Persons with disabilities who plan to attend this meeting and who may need assistance should contact the City Secretary's office at 817-427-6060 two working days prior to the meetin so that a ro riate arran ements can be made. NUMBER ITEM ACTION TAKEN 1. Call to Order 2. Approval of Minutes of the August 20, 2007 Meeting 3. FDC 2007-003 Public Hearing on the Park & Recreation Facilities Development Corporation Proposed Operating Budget and Authorize Adoption 4. FDC 2007-004 Public Hearing on the Park & Recreation Facilities Development Corporation Proposed Capital Projects Budget and Authorize Adoption 5. Adjournment Certification I do hereby certify that the above notice of meeting of the Board of Directors of the North Richland Hills Park and Recreation Facilities Development Corporation was posted at City Hall, City of North Richland Hills, Texas in compliance with Chapter 551, Texas Government Code on August~, 2007 at2:>'.Ä\\).\1f\ . THE BOARD OF DIRECTORS OF THE NORTH RICHlAND HillS PARKS AND RECREATION FACiliTIES DEVELOPMENT CORPORATION AGENDA AUGUST 27,2007 - 6:15 P.M. For the Meeting conducted at the North Richland Hills City Hall Council Chambers, 7301 Northeast Loop 820, at 6: 15 p. m. The below listed items are placed on the Agenda for discussion and/or action. Persons with disabilities who plan to attend this meeting and who may need assistance should contact the City Secretary's office at 817-427-6060 two working days prior to the meeting so that appropriate arrangements can be made. NUMBER ITEM ACTION TAKEN 1. Call to Order 2. Approval of Minutes of the AUQust 20, 2007 MeetinQ 3. FDC 2007-003 Public HearinQ on the Park & Recreation Facilities Development Corporation Proposed Operatina BudQet and Authorize Adoption 4. FDC 2007-004 Public HearinQ on the Park & Recreation Facilities Development Corporation Proposed Capital Proiects Budaet and Authorize Adoption 5. Adjournment Certification I do hereby certify that the above notice of meeting of the Board of Directors of the North Richland Hills Park and Recreation Facilities Development Corporation was posted at City Hall, City of North Richland Hills, Texas in compliance with Chapter 551, Texas Government Code. Secretary of Corporation MINUTES OF THE NORTH RICHLAND HILLS PARK AND RECREA TION FACILITIES DEVELOPMENT CORPORATION HELD IN THE CITY HALL PRE COUNCIL ROOM, 7301 NORTHEAST LOOP 820 - AUGUST 20,2007 - 6:00 P.M. 1 . CALL TO ORDER Chairman Trevino called the meeting to order at 6:00 p.m. ROLL CALL PRESENT: BOARD OF DIRECTORS: Oscar Trevino Chairman/Mayor John Lewis Council Member Tim Barth Council Member David Whitson Council Member Brad Greene Citizen Member Tom Lombard Citizen Member Tracye Tipps Citizen Member OFFICERS: Larry J. Cunningham President Patricia Hutson Secretary OTHERS PRESENT: George Staples City Attorney Ogden Bo Bass Assistant City Manager Jim Starr I nterim Assistant City Manager Karen Bostic Man ag in 9 Oi rector Ad mini strativelFiscal Servi ces Vickie Loftice Parks & Recreation Director Drew Corn Budget Director Mary Edwards Public Information Officer 2. APPROVAL OF MINUTES OF THE AUGUST 24,2006 MEETING APPROVED BOARD MEMBER LEWIS MOVED TO APPROVE THE MINUTES OF THE AUGUST 24, 2006 MEETING. BOARD MEMBER LOMBARD SECONDED THE MOTION. Park Corporation Minutes August 20,2007 Page 2 MOTION TO APPROVE CARRIED 7-0. 3. APPROVAL OF MINUTES OF THE AUGUST 28,2006 MEETING APPROVED BOARD MEMBER LOMBARD MOVED TO APPROVE THE MINUTES OF THE AUGUST 28, 2006 MEETING. BOARD MEMBER BARTH SECONDED THE MOTION. MOTION TO APPROVE CARRIED 7-0. 4. FDC 2007-001 REVIEW THE PARK & RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED ANNUAL OPERATING BUDGET AND RECOMMEND ADOPTION Mr. Drew Corn, Budget Director, presented a PowerPoint presentation giving an overview of the Revised 2006/2007 Operating Budget and the proposed 2007-08 Operating Budget. The proposed budget for 2007-08 is $5,599,664 and the revised operating budget for 2006- 07 is $4,750,1 09. The revenue portion of the Operating Budget includes an increase of $326,485 in projected sales tax revenue and $400,000 in gas well bonuses and leases. Fifty percent of the gas well revenue generated from a park site developed with the ~-cent sales tax will be designated for Park Development in accordance with city policy. The budget includes an increase in expenses related to engineering and design costs for the new recreation center in the amount of $500,000 and an increase in reserves for capital projects as a result of the additional sales tax and gas well revenues in the amount of $235,000. The budget also includes the continuation of the Economic Development Incentive Fund. The Board took action on the Operating Budget at the conclusion of the discussion of the proposed Annual Capital Budget. 5. FDC 2007-002 REVIEW THE PARK & RECREATION FACILITIES DEVELOPMENT CORPORATION PROPOSED CAPITAL PROJECTS BUDGET AND RECOMMEND ADOPTION Ms. Vickie Loftice. Director of Parks and Recreation, presented a PowerPoint presentation recapping the history and accomplishments of the Park Development Fund and highlighting the completed projects, continuing and new projects and funding for fiscal year 2007-08. Park Corporation Minutes August 20,2007 Page 3 The proposed 2007-08 Capital Projects budget is $1,759,285. Completed projects discussed were Ace Park, Annual Tree Planting 2007, City Lakes at Calloway Creek Study, Dr. Pillow Park, JoAnn Johnson Trail, Norich Park, Parks Infrastructure Maintenance 2007, Park and Recreation Open Space Master Plan and Tennis Center Improvements. Continuing projects discussed were Boulevard 26 Multi-Use Trail, Calloway Branch Trail Development, Central West Neighborhood Park, City Entry Sign at East Harwood Road, Davis Boulevard Streetscape, Founders and Legacy Recognition Program, J.B. Sandlin Park Improvements (drainage channel), Liberty Park Lake Phase I and II, Library Park Plaza, Little Bear Creek Trail Development and Public Art at Library Park Plaza. New projects are 2008 Annual Tree Planting, Lighting at Tipps Canine Hollow, Median and Entry Sign Improvements at Glenview and Loop 820, 2008 Park Infrastructure Maintenance, Parks and Recreation Security and Lighting Systems, Playground and Bleacher Shade Structures and Tipps Canine Hollow Additional Parking. Ms. Loftice discussed the proposed Recreation Center project expected to begin in October. The Park and Recreation Facilities Development Corporation will fund $1.1 million for engineering and design of the new facility. The remaining amount will be funded by TIF #2. The 2007/2008 budget includes $500,000 for engineering and design services with the remaining $600,000 projected for 2008/2009. Chairman Trevino asked for any further questions regarding the Operating Budget. There being no further questions from the Board, Chairman Trevino called for the motion for Agenda Item 4, FDC 2007-01 . BOARD MEMBER WHITSON MOVED TO APPROVE FDC 2007-01, TO RECOMMEND ADOPTION OF THE REVISED 2006-2007 AND PROPOSED 2007-2008 ANNUAL OPERATING BUDGET TO THE CITY COUNCIL. BOARD MEMBER LOMBARD SECONDED THE MOTION. MOTION TO APPROVE CARRIED 7-0. Chairman Trevino asked for any further questions regarding the Capital Budget. There being no further questions from the Board, Chairman Trevino called for the motion. BOARD MEMBER LOMBARD MOVED TO APPROVE FDC 2007-02 TO RECOMMEND TO THE CITY COUNCIL THE APPROVAL OF THE PARK AND RECREA TION FACILITIES DEVELOPMENT CORPORATION PROPOSED ANNUAL CAPITAL BUDGET PRESENTED TO THE PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION. BOARD MEMBER BARTH SECONDED THE MOTION. MOTION TO APPROVE CARRIED 7-0. 6. ADJOURNMENT Park Corporation Minutes August 20,2007 Page 4 After closing remarks by City Manager Cunningham and Chairman Trevino, the meeting was adjourned at 6:54 p.m. APPROVED: Oscar Trevino - Chairman / Mayor ATTEST: Patricia Hutson - Secretary NORTH RICHLAND HILLS PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION Date: 8/27/07 Subject: Public HearinQ on the Park and Recreation Control Number: F DC 2007 -03 Facilities Development Corporation Proposed Annual Operating Budget and Authorize Adoption The State laws regarding the Park and Recreation Facilities Development Sales Tax require the Corporation Board to hold a public hearing prior to the adoption of the budget. The notice of this public hearing was published in the Star Telegram newspaper in accordance with State law. The public hearing for the 2007-2008 Park and Recreation F aci lities Development Corporation budget was advertised for 6: 15 p. m., Aug ust 27, 2007. The proposed 2007-2008 Park and Recreation Facilities Development Corporation Annual Operating Budget was reviewed by the City Council August 3, 2007 at the City's annual budget work session. The proposed budget for 2007-2008 is $5,599,664. And the revised budget for 2006-2007 is $4,750,109. A summary report is attached for your review. The revenue portion of the operating budget includes an increase of $326,485 in projected sales tax revenue and $400,000 in gas well bonuses and leases. In accordance with City policy, 500/0 of gas well revenue generated from a park site that was developed with the ~ cent sales tax will be designated for Park Development. On the expense side, the increase is related to engineering and design costs for the new recreation center in the amount of $500,000 and an increase of $235,000 in reserve for capital projects as a result of the additional sales tax and gas well revenue. In the attached summary is the continuation of the Economic Development Incentive Fund in the amou nt of $224,712 wh ich represents 50/0 of the Park and Recreation Facil ities Development Corporation projected sales tax for 2007-2008. The funds can be used for infrastructure improvements to attract new retail and other businesses as well as other incentives for economic development. Also mentioned above and included in the budget is engineering and design services for the new recreation center in the amount of $500,000. The $22 million recreation center project wi II be funded primari Iy th roug h TI F #2 with $1.1 million in funding provided through the Park and Recreation Facilities Development Fund. Source of Funds: Account Number Bonds - Operating Budget - Is/Larry Koonce T rea surer IsNickie Loftice K13 Is/Larrv J. Cunninaham Oirector of Parks and Recreation CORPORATION PRESIOENT I I I FDC ACTION ITEM I Page 1 of 1 NORTH RICHLAND HILLS PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION The Park and Recreation Facilities Development Corporation Board met on August 20, 2007 to discuss the proposed 2007-2008 Park and Recreation Facilities Development Operating Budget. The Board consensus was to support the proposed budget and submit it for the public hearing on August 27, 2007. The operating budget will be presented during the public hearing. In order to obtain maximum input of the citizens on the proposed budget, it is suggested that the public hearing be opened and public comment permitted. Recom mendation: To conduct a public hearing and to take action to approve the revised 2006-2007 and the proposed 2007-2008 Annual Operating Budget and recommend Council approval. I FDC ACTION ITEM I I I Page 2 of 2 FJSCAL YEAR 2aC7-200a SCHEDULE 6 - SUMMARY OF REVENUES AND EXPENDITURES PARK AND RECREATION FACiliTIES DEVELOPMENT FUND ADOPTED REVISED PROPOSED ACTUAL ACTUAL BUDGET BUDGET BUDGET FY 2004/05 FY 2005/06 FY 2006107 FY 2D06/07 FY 20Q7/08 REVENUES Sales Tax $3tB55727 $4.047737 $3.899.723 $4 1671759 $4.484,244 rnterest fncoms 91 t236 131 t246 7 Bt375 130,000 179,920 Youth Assn+ Maintenance Fees 231805 23,696 29,00D 281000 32,000 Tennis Center Revenue 282,B11 321,373 302t550 293350 3DB15DD Transfer In from AquaHc Park Fund 0 0 0 0 60.000 Transfer [n from Gas Development Fund 0 0 0 0 40010 DO Park 1mpact Fees 188.995 1701506 0 125.000 125.0 DO Apprnpriation - PY Encumbrances 0 0 0 6000 0 TOTAL REVENUES $4,442t574 $4t694t 7 58 $4,309t648 $4j7501109 $5,599,664 EXPEN DJTUR ES Operatinq Park Facilities Development Admin. $271 ~649 $4221057 5452,322 $4561562 $544.458 Parks & Public Grounds 11138T096 1 ,2351696 1,503.978 1,520,B51 1.513,045 Tennis Centor Operations 434toO 7 479.457 517.731 5201761 542t726 Sub-TotaJ .--- ..... - . ........ .-..-...-.-..- .........m_...._. ....... - ......... .....- :....·$1-·B44t352 ... -'--"--'$2~'137;212 ......- "-"$2~474;031 ............·-·$2~498~194 -. $2,600,229 Other & Reserves Debt Service - Revenue Bonds $1r143r171 $1 ,002,823 $1 t 138tDB3 $1,138,083 $1 1321213 Debt Service - Genera] Debt Service 212,196 206.485 191.919 191.919 189,912 Indirect Cosls 253r6S9 2611269 274.332 274,:332 288,049 Market Adjustment 0 0 22,116 0 0 Non..D epartm ental 12 t 85 9 13,450 14.1 B1 14. 181 121744 Reserve for Economic Development 250.000 193t056 1 941986 210.263 2241712 Rec rea ti one e n t e r Ca pi La J Pro j e Gt 0 0 0 0 500.000 Reserve far Ca pital Projects 7261337 880.463 0 417 t 137 651 1 BOS Sub-Total $2,598222 52.557.546 $1.B35t617 $22451915 S2~99 9~43 5 Prev¡ous Ye~r Encumbrances 6tOOa TOTAL EXPENDrTURES $4.442r 574 $4j694.758 $4,309,648 $4, 750 109 $5.599.664 BALANCE $0 $0 $0 $0 $0 2 NORTH RICHLAND HILLS PARK AND RECREATION FACILITIES DEVELOPMENT CORPORATION Date: 8/27/07 Subject: Public HearinQ on the Park and Recreation Control Number: F DC 2007 -04 Facilities Development Corporation Proposed Capital Projects Budget and Authorize Adoption The State laws regarding the Park and Recreation Facilities Development Sales Tax require the Corporation Board to hold a public hearing prior to the adoption of the budget. The notice of this public hearing was published in the Star Telegram newspaper in accordance with State law. The public hearing for the 2007-2008 Park and Recreation Facilities Development Corporation Fund was advertised for 6:15 p.m., August 27, 2007. The proposed 2007-2008 Park and Recreation Facilities Development Corporation Annual Capital Budget was reviewed by the City Council on August 4, 2007 at the City's annual budget work session. The proposed capital budget for 2007-2008 is $1,759,285 and includes 11 continuing projects and seven new projects including Park Infrastructure Maintenance, Playground Shade Structures, and additional parking and lighting at Tipps Canine Hollow. Engineering and design of the new $22 million recreation center is expected to begin in October. The Park and Recreation Facilities Development Corporation will provide $1.1 mi II ion in fu nd i ng for eng i neering and desig n of the new facil ity and the TI F #2 will fu nd the remaining amount. Included in 2007-2008 is $500,000 for engineering and design services with an additional $600,000 projected in 2008-2009. The Park and Recreation Facilities Development Corporation Board met on August 20, 2007 to discuss the proposed 2007-2008 Park and Recreation Facilities Development Capital Budget. The Board consensus was to support the proposed capital budget and submit it for the public hearing, August 27, 2007. The Capital Projects Budget will be presented during the public hearing. In order to obtain maximum input of the citizens on the proposed budget, it is suggested that the public hearing be opened and public comment permitted. Recom mendation: To conduct a public hearing and to take action to approve the proposed 2007-2008 Capital Projects Budget and recommend Council approval. Source of Funds: Account Number Bonds - Operating Budget - Is/Larry Koonce T rea surer IsNickie Loftice K13 Is/Larry J. CunninQham Oirector of Parks and Recreation CORPORATION PRESIOENT I I I FDC ACTION ITEM I Page 1 of 1 Schedule 4 2007/2008 Park and Recreation Capital Projects Budget Summary Mac .E.a. Project PropDsed Estfmal~d Remaining ID No. TQ Date 2007 i20C 8 200812009 Amount Total Continuing Projects 1 11 Bcu1evard 26 MUJU-US3 Trajll]STEA] $130,046 $413rBS9 $1661278 SD S710~ 183 2 13 Calaway Branch Trail DsvBlopmenllCMACl 184þ530 55 f 908 346.7B 1 338.781 928.0IJO .. 15 Ce ntral We siNE! í gtl bar 11 00 d P 8 rk 390þ258 0 a 450.000 B40.268 3 17 Clly En try 5 I g n {E asL H arNClJd R08 d) 20.000 25rCCO 0 0 45t no ~ 4 19 Dav Is Be u1 BV ard S ireets ca pe rr K 0 011 132.180 32þ220 0 C 164400 - 21 ¡: au nd Sf sand Leg 8C"';f Raccg n lie r1 P ~ ra m 30.000 3{JþOOO 30.00 a 0 9D,DOD 5 23 J.ß. SandJin Park Imp. (Dralmage Channsl) 'OtOOO M¡210 0 0 94.210 6 25 Libe rty P ark Lake Pha se I an d 11 24.600 B4.050 232.55 a 0 341,20D 7 27 U brary Park. Plaza 28.00 Q 272.0DO a 0 JOD,DOD 8 29 U l tie Bea r Creek T ra i I Da~eJ op m ant [is TEA] 386,154 132.342 944,752 934 752 2, 4Ð Ot 00 0 9 31 Public Ar l al L IIx a ry Pa rk Plaza 8D4 149r 1 96 0 0 , 5D.OOO Total Ccnt1nuIng Projects $1,338,5 B 2 $1 t27B.785 $1,721.361 $1.723,533 $a~ C63þ251 Nsw Projects - 33 Ar1 nu a1 T roe PI an Un ~ {20Oß) sa $35.000 $0 $0 $35,DOO 10 35 U gl1 Un g at Tip p sCan T fl B H 0 II ow Q 120tOO a a 0 120,DOO 11 :37 M adis n B nd Entry 8 i ~ n Imp, {G Ie nvi DW & Lo op 820) Q 50,00 a 0 0 5CDOC .. '3S" Pä dt' hi fn:!'s tfÜd Lire' Màliïterïä rice'· { 2008) no -.... ..-----..-- .......... ....... .. ....... .......... . ....... ...... Q" .._no_m. -124 ~50 a·' .......... .-..... ...-..... 0·' ...---.. ....-- . ...... ..... 0 124.500 - :39 Parks and Ret:reaU on Set:: un ty an d Li ghUng Sy sle m s 0 20.000 Q 0 2tJ1DOD - 41 Pia Y'g roo n cI an d' B!E! ac.her Sh ade Stru cU.lJ~S 0 95.000 Q 0 951 DOP 12 43 Ti P ps Ca n ¡ n e H (J II crw Addi tic na I Parkin g . Q 36.00 a a (] 313 tDOD TDtal New Projects SO $4 80~5C 0 ~{] $D $480.500 Future Projects - . A.s Ei. et Ma n aQ am an t - Par k I nr raslrucl are SO $0 S219,13~ $3651755 $584.09D 13 - ern S!j 11 m b ers' P a.rk Deve1 cpm e nt Ph ase ¡ I 0 0 0 ~50a.aoo 2r 5 OD. DO D 1~ - Girl~s Fast Pilch Scftbal1 Comp16); II 0 a 0 3~50a,aOO 3r50D.DOD 15 - Little Bear Cnask Community Park 0 a 0 1,550,000 1 tS5D.DOD 1B ~ N ortll fie [d Pa rk Rede~al ap m f:m l Q 0 0 3.700,000 JT700.DOD 17 ~ Stan ybr aoke N ei~~, bor ~\Ood Park 0 0 -0 450,000 45C,OQO Total Future Projects SO ¡a $2191135 $12.065 t 755 $12.1284 t8 8 0 Total Project Costs $1,3381582 $1,7591285 $1 ~941 $496 $13f789t2BB $18) B 2 B ~ 651 Sources of Funds Sa1es Tax Reserve farCIP $15t728.177 ISTEA Grant Funds :3,101]1474 Total Sources of Fund5 $2.726j868 $1.276.003 $1 t607J217 $13j218t563 $1 B,B2Bt651 7