20150922tcpp combinedTown of Prosper“a place where everyone matters”pyTown Council MeetingTown Council MeetingSeptember 22, 2015p,
Town of Prosper“a place where everyone matters”Agenda Item 1.pyCall to Order/Roll Call.
Town of Prosper“a place where everyone matters”Agenda Item 2.pyInvocation, Pledge of Allegiance, and Pl d h T FlPledge to the Texas Flag.
Town of Prosper“a place where everyone matters”Salute to the Texas FlagpyHonor the Texas flag; I pledge allegiance to thee, dGdTexas, one state under God, one and indivisibleone and indivisible.
Town of Prosper“a place where everyone matters”Agenda Item 3.pyAnnouncements of recent and upcoming events.
Town of Prosper“a place where everyone matters”Agenda Item 4.pyPresentationsPresentation of a Proclamation to members of Presentation of a Proclamation to members of the Prosper Police Department and Prosper Fire Department declaring October 6, 2015 as Fire Department declaring October 6, 2015 as National Night Out. (DK/RT)
Town of Prosper“a place where everyone matters”Agenda Item 4.pyPresentationsPresentation of a Proclamation to members of Presentation of a Proclamation to members of the Clothe a Child Program declaring October 2015 as Clothe a Child Month. (RB)October 2015 as Clothe a Child Month. (RB)
Town of Prosper“a place where everyone matters”Agenda Item 4.pyPresentationsPresentation of a Certificate of Recognition to Presentation of a Certificate of Recognition to Assistant Fire Chief Stuart Blasingame. (RB)
Town of Prosper“a place where everyone matters”Agenda Items 5a-5bpy5a.Consider and act upon minutes from thefollowingTown Council meetings.(RB)gg()• Regular Meeting – September 8, 20155b.Receive the August 2015 Financial Report(CD)()
Town of Prosper“a place where everyone matters”Agenda Item 5cpy5c.Consider and act upon a resolutiondesignatingThe Prosper Pressas the officialnewspaper of the Town of Prosper forFiscal Year 2015-2016.(RB)
Town of Prosper“a place where everyone matters”Agenda Item 5dpy5d.Consider and act upon an ordinance amending the Town’sZoning Ordinance, Ordinance No. 05-20, as amended, byamendingSubsection 4.2,ofSection 4,ofChapter 2;g,,p;Subsection 5.2, of Section 5, of Chapter 2; Subsection 6.2, ofSection 6, of Chapter 2; Subsection 7.2, of Section 7, ofChapter 2; Subsection 8.2, of Section 8, of Chapter 2;Subsection 9.2, ofSection 9, ofChapter 2; Subsection2.6(a)(1), of Subsection 2.6, of Section 2, of Chapter 4;Section 7, of Chapter 4, by adding thereto a new subsection,77“C tDiSt d d ”Sb ti98fSti7.7,“CarportDesignStandards”;Subsection9.8,ofSection9, of Chapter 4; Section 9, of Chapter 4, by adding theretonew subsections, 9.19, “Alternating single family planelevations”and920“Residentialgaragestandards”(Z15elevationsand9.20,Residentialgaragestandards.(Z15-0005)(JW)
Town of Prosper“a place where everyone matters”Agenda Item 5epy5e.Consider and act upon an ordinanceamendingArticle 3.19, “FencegRegulations” of Chapter 3, “BuildingRegulations,” of the Town’s Code ofOdibdidtblihiOrdinances,byamending andestablishingstandards for wooden fences adjacent toandvisiblefromstreetsandrequirementsandvisiblefromstreetsandrequirementsfor open fencing. (MD15-0003)(JW)
Town of Prosper“a place where everyone matters”Agenda Item 6. pygCitizen’s CommentsThe public is invited to address the Councilon any topic. However, the Council is unabletditktitittodiscuss ortakeaction on anytopicnotlisted on this agenda. Please complete a“PublicMeetingAppearanceCard”andPublicMeetingAppearanceCardandpresent it to the Town Secretary prior to themeeting.
Town of Prosper“a place where everyone matters”Agenda Item 7.pygConduct a Public Hearing, and consider and actuponarequesttorezone157±acresfromuponarequesttorezone15.7±acres,fromCommercial (C) and Planned Development-25 (PD-25)toPlannedDevelopment-Retail(PD-R),located25)toPlannedDevelopmentRetail(PDR),locatedon north side of US 380, 580± feet west of CusterRoad. (Z15-0011).(JW)
Shops at Prosper Trail – Kroger
Windsong Ranch Marketplace – Kroger
Prosper Plaza – Lowe’s
Town of Prosper“a place where everyone matters”Agenda Item 8.pyDiscussion on Town Hall/Multi-PurposeFacility(HW)Facility.(HW)
Town of Prosper“a place where everyone matters”Agenda Item 9.pygConsider and act upon an ordinancediAdiA“FShdl ”tamendingAppendixA,“FeeSchedule,”tothe Town’s Code of Ordinances by repealingitiAdiA“FShdl ”dexistingAppendixA,“FeeSchedule,”andadopting a new Appendix A, “FeeShdl”(RB)Schedule.”(RB)
Town of Prosper“a place where everyone matters”Appendix A - Fee ScheduleSec. IConstruction Permits and FeesSec IIMechanical/Plumbing Permit FeespySec. IIMechanical/Plumbing Permit FeesSec. III Electrical Permit FeesSec. IV Sign Permit FeesSec. V Development FeesSec. VI Peddler’s/Solicitor’s FeesSec. VII Reconstruction of StreetsSec. VIII MiscellaneousSec IXWater and Sewer RatesSec. IXWater and Sewer RatesSec. X Impact FeesSec. XI Rates for Collection of Solid Waste and RecyclablesSec. XII Municipal Drainage Utility System FeespgyySec. XIII Parks and Recreation User FeesSec. XIV Public Works Fee ScheduleSec. XV Sexually Oriented BusinesseslSec. XVI Alarm SystemsSec. XVII Water Conservation and Enforcement FeesSec. XVIII Backflow Prevention and Enforcement Fees
Town of Prosper“a place where everyone matters”Appendix A - Fee ScheduleSec. IConstruction Permits and FeesSec IIMechanical/Plumbing Permit FeespySec. IIMechanical/Plumbing Permit FeesSec. III Electrical Permit FeesSec. IV Sign Permit FeesSec. V Development FeesSec. VI Peddler’s/Solicitor’s FeesSec. VII Reconstruction of StreetsSec. VIII MiscellaneousSec IXWater and Sewer RatesSec. IXWater and Sewer RatesSec. X Impact FeesSec. XI Rates for Collection of Solid Waste and RecyclablesSec. XII Municipal Drainage Utility System FeespgyySec. XIII Parks and Recreation User FeesSec. XIV Public Works Fee ScheduleSec. XV Sexually Oriented BusinesseslSec. XVI Alarm SystemsSec. XVII Water Conservation and Enforcement FeesSec. XVIII Backflow Prevention and Enforcement Fees
Town of Prosper“a place where everyone matters”Sec. V Construction Permits and FeespyFee Type Current Fee Proposed FeeContractorRegistration$100$100RegistrationSwimming Pools:In Ground$300 $300Swimming Pools:Above Ground$100 $100Spas$100$100Current fees have been in place since 2006, and appear inChapter 3 of the Code, butwere never codified intoAppendix A, the Fee Schedule.
Town of Prosper“a place where everyone matters”Sec. V Development Fees - ZoningpyFee Type Current Fee Proposed FeeZoning Change-Standard$500 + $10/acre $550 + $10/acre (or portion thereof)Standardportion thereof)Zoning Change-PD $500 + $30/acre $750 + $30/acre (or portion thereof)• Current fees were adopted in 2005• Proposed fees are consistent with p)SUP$300 + 10/acre $350 + $10/acre (or portion thereof) Proposed fees are consistent with comparison towns/citiesZBA Action(Changed to “Variance through $200$250Variance through BOA or CBOA
Town of Prosper“a place where everyone matters”Sec. V Development Fees – Site Plans d Pl tpyand PlatsFee Type Current Fee Proposed FeePreliminary SitePlanN/A $350 + 5/acre (or portion thereof)Site Plan$300+ $5/acre$400 + $5/acre(or Site Plan$300+ $5/acre$400 + $5/acre(or portion thereof)Preliminary Plat $300 + $10/lot $400 + $10/lotyFinal Plat$400 + $10/lot $500 + $10/lotAmended Plat $250 + $10/lot $300 + $10/lotMinor Plat$200$250
Town of Prosper“a place where everyone matters”Sec. V Development FeespyFee Type Current Fee Proposed FeeProperty Owner N/A Postage fee to beNotificationsincluded in application fee for 25 or more 25 or more notificationsPlat Filing $300 $100ComprehensivePlan Amendment$200 $250
Town of Prosper“a place where everyone matters”Sec. V Development Fees• Current fees have been in place since 20022003py• Current fees have been in place since 2002-2003• Proposed fees are consistent with comparison towns/citiestowns/cities• Proposed fees will help recover cost of processing applicationspgpp• Other edits include removal of obsolete fees, updated language, and removal of redundant fees that appear in other sections of the Fee ScheduleE i d l i i $9 700•Estimated annual increase in revenue: $9,700
Town of Prosper“a place where everyone matters”Sec. VIII MiscellaneouspyFee TypeCurrent FeeProposed FeeFee TypeCurrent FeeProposed FeeLibrary – Late fee on books, per day$0.10$0.10pyLibrary – Late fee on DVDs, per day$1.00 $1.00Replacement Processing Fee for Lost ItemsN/A $5.00 per itemInter-LibraryLoan N/A$3 17Inter-LibraryLoan Shipping Fee (set by Texas State Library)N/A$3.17Notary Fee$5 first signature, $1 each add’l$5 first signature, $1 each add’l
Town of Prosper“a place where everyone matters”Sec. VIII Miscellaneouspy• Current Library fees have never been codified• Proposed Library fees are consistent with comparison consistent with comparison towns/cities• Estimated 10 items per month are • Estimated 10 items per month are lost• $1,200 has been collected in totalfines and fees in 2015
Town of Prosper“a place where everyone matters”Sec. VIII Miscellaneouspy• Notary fees have never been codified; fees are set by Secretary of State• Notary fees are not charged for Town Notary fees are not charged for Town business• Utility Billing staff has notarized 65 • Utility Billing staff has notarized 65 items for the public to date in 2015• Estimated annual revenue for notary fees: $450
Town of Prosper“a place where everyone matters”Sec. IX Water and Sewer RatespyFee TypeCurrent FeeProposed FeeFee TypeCurrent FeeProposed FeeTurn offs/Reconnects $50 during office hours$75 ft ffi h$50 during office hours$75 ft ffi h$75 after office hours$75 after office hoursIrrigation Service Initiation$75 Commercial$65 Residential$75 Commercial$65 Residential• Turn offs/Reconnect fees were updated in 2011, b difi d (C d h $30/$60)but never codified (Code shows $30/$60)• Irrigation Service Connection fees were updated in 2012 but never codified (Code updated in 2012, but never codified (Code shows $75 for Commercial and Residential)
Town of Prosper“a place where everyone matters”Sec. IX Water and Sewer Ratespy• Other edits include removal of obsolete fees, updated language, and obsolete fees, updated language, and removal of redundant fees that appear in other sections of the Fee appear in other sections of the Fee Scheduleid li i• Estimated annual increase in revenue: None, other than new customers
Town of Prosper“a place where everyone matters”Sec. XI Rates for Collection of Solid Waste and RecyclablespyWaste and Recyclables• Bulk pickup schedule will be updated (east/west schedule)• Minor edits to language for HHW vouchers• Other edits include removal of redundant fees and language that i h i f h F appear in other sections of the Fee Schedule F hi f h i 2017 h • Franchise fee may change in 2017 when current IESI franchise agreement expires
Town of Prosper“a place where everyone matters”Sec. XIII Parks & Recreation User Fees Frontier Park Pavilion RentalpyFrontier Park Pavilion RentalCurrent Fee ProposedResident FeeProposed Non-Resident FeeResident FeeNon-Resident Fee$35, 1-4 hours,Prosper Residents, $35; 1-50 participants$500; 1-50 participantsunlimited participants$75 14 hours non$50;51100 $500; 51100 $75 ,1-4 hours, non-residents, unlimited participants$50;51-100 participants$500; 51-100 participants$75; 100+ participants$500; 100+ participants
Town of Prosper“a place where everyone matters”Sec. XIII Parks & Recreation User Fees pyUser Fees Frontier Park Pavilion Rental F i ill h l t ff t • Fee increase will help cover staff costs for maintenance between rentals St ff d t th 4h • Staff can accommodate three, 4-hour rentals per day $100 f d bl d i ll • $100 refundable deposit on all reservations 14 d ll i li • 14 day cancellation policy
Town of Prosper“a place where everyone matters”Sec. XIII Parks & Recreation User FeespyUser FeesFrontier Park Pavilion Rentaldfi ih• Proposed fees are consistent with comparison towns/cities; although Council may consider prohibiting rental of pavilion to may consider prohibiting rental of pavilion to non-residents altogether. Some towns & cities do not rent to non-residents. • Estimated annual revenue increase: at least 10% or $500 per year depending on non-10%, or $500 per year, depending on nonresident rental of facility.
Town of Prosper“a place where everyone matters”Agenda Item 10.pygConsider and act upon an ordinancedtithFi lY20152016AladoptingtheFiscalYear2015-2016AnnualBudget for the fiscal year beginning October12015ddiSt b302016(HJ)1,2015,andendingSeptember30,2016.(HJ)
Town of Prosper“a place where everyone matters”Agenda Item 11.pygConsider and act upon an ordinancedtithTfP2015PtadoptingtheTown ofProsper2015PropertyTax Rate.(HJ)
Town of Prosper“a place where everyone matters”Agenda Item 12.pygConsider and act upon an ordinancetblihiHtdTEtiestablishingaHomesteadTaxExemption.(CD)
Homestead Exemption AnalysisBased on Assessed ValuesAssessed Calculated Minimum RevenueValue Homestead % Homestead Homestead Decrease$1,108,193,142 1% $11,081,931 $14,569,119 $75,759$1,108,193,142 2% $22,163,863 $22,811,347 $118,619$1,108,193,142 3% $33,245,794 $33,560,030 $174,512$1,108,193,142 4% $44,327,726 $44,512,734 $231,466$1,108,193,142 5% $55,409,657 $55,530,609 $288,759$1,108,193,142 7.5% $83,114,486 $83,169,820 $432,483$1,108,193,142 10% $110,819,314 $110,853,149 $576,436$1,108,193,142 20% $221,638,628 $221,650,270 $1,152,581
Town of ProsperSummary of Anticipated Tax‐Backed Debt Issuances (as of 9.4.2015)Projects2014/152015/162016/17 2017/18 2018/19Funding for Fiscal YearsStreets5,752,000$ 571,184$ 801,996$ 425,000$ ‐$ Traffic585,000 ‐ ‐ ‐ ‐ Parks‐ 8,686,225 ‐ 643,000 ‐ Facilities: Fire Stations 5,063,000 ‐ ‐ ‐ ‐ PbliSft Public Safety Comm. System 1,100,000 ‐ ‐ ‐ ‐ Recreation Center‐ ‐ ‐ ‐ 1,500,000 Town Hall‐ 1,450,000 10,550,000 5,000,000 6,000,000 12,500,000$ 10,707,409$ 11,351,996$ 6,068,000$ 7,500,000$
Town of ProsperProjected Debt Service Tied to Five Year Capital Plan; Lower Taxable Assessed Valuation Growth (as of 9.4.2015)Series Series Series SeriesTaxable Outstanding2016 2017 2018 2019Assessed Tax‐Backed$10.71mm $11.35mm $6.07mm $7.50mmI&S TaxFYEValuation(1)DebtService(2)Proceeds(3)Proceeds(3)Proceeds(3)Proceeds(3)Rate(4)FYEValuation Debt Service Proceeds Proceeds Proceeds Proceeds Rate 2016 2,129,311,118$ 3,384,038$ 0.1589$ 2017 2,429,311,118 3,471,116 736,507$ 0.1637 2018 2,729,311,118 3,209,616 519,888 917,938$ 0.1637 2019 2,929,311,118 3,096,518 549,175 911,250 394,428$ 0.1635 20203 129 311 1183 229 225547 750699 250329 500464 139$0 163520203,129,311,118 3,229,225 547,750 699,250 329,500 464,139$ 0.1635 2021 3,160,604,229 3,378,759 546,325 677,625 333,375 385,000 0.1635 2022 3,192,210,271 3,419,265 544,900 681,125 337,000 385,000 0.1634 2023 3,224,132,374 3,444,703 543,475 703,625 340,375 385,000 0.1634 2024 3,256,373,698 3,437,511 542,050 753,875 348,375 385,000 0.1633 2025 3,288,937,435 3,137,683 540,625 1,020,500 380,250 385,000 0.1617 ,,,,,,,,,,2026 3,321,826,809 2,998,001 1,251,863 556,250 322,625 385,000 0.1616 2027 3,355,045,077 2,514,681 1,254,813 957,875 394,500 385,000 0.1599 2028 3,388,595,528 2,501,225 1,250,981 992,625 413,875 385,000 0.1594 2029 3,422,481,483 2,508,063 1,255,250 1,073,125 383,250 385,000 0.1597 2030 3,456,706,298 1,579,575 1,252,500 1,333,375 446,500 979,750 0.1578 2031 3,491,273,361 1,571,194 1,252,731 998,500 828,000 978,500 0.1574 2032 3,526,186,095 1,575,669 1,250,825 1,053,750 823,875 975,750 0.1573 2033 3,561,447,956 1,292,400 1,251,663 1,333,625 823,375 976,375 0.1557 2034 3,597,062,435 1,001,700 1,255,006 1,334,000 826,250 980,125 0.1466 2035 3,633,033,060 928,200 1,250,856 1,336,500 827,375 977,000 0.1432 20363 669 363 3901 254 0941 336 000826 750977 0000 117120363,669,363,390 1,254,094 1,336,000 826,750 977,000 0.1171 2037 3,706,057,024 1,332,500 824,375 979,875 0.0828 2038 3,743,117,594 825,125 980,500 0.0472 2039 3,780,548,770 978,875 0.0254 54,862,077$ 18,851,276$ 20,003,313$ 11,029,178$ 13,712,889$
Town of ProsperScenario 3 ‐ Homestead Exemption of 5%; Projected Initial Lost Value of $55,530,609Series Series Series SeriesTaxable Outstanding2016 2017 2018 2019Assessed Tax‐Backed$10.71mm $11.35mm $6.07mm $7.50mmI&S TaxFYEValuation (1)Debt Service (2)Proceeds (3)Proceeds (3)Proceeds (3)Proceeds (3)Rate (4)2016 2,129,311,118$ 3,384,038$ 0.1589$ 2017 2,373,780,509 3,471,116 736,507$ 0.1673 2018 2,673,780,509 3,209,616 519,888 917,938$ 0.1669 2019 2,873,780,509 3,096,518 549,175 911,250 394,428$ 0.1665 2020 3,073,780,509 3,229,225 547,750 699,250 329,500 464,139$ 0.1663 2021 3,104,518,314 3,378,759 546,325 677,625 333,375 385,000 0.1663 2022 3,135,563,497 3,419,265 544,900 681,125 337,000 385,000 0.1662 2023 3,166,919,132 3,444,703 543,475 703,625 340,375 385,000 0.1662 2024 3,198,588,324 3,437,511 542,050 753,875 348,375 385,000 0.1661 2025 3,230,574,207 3,137,683 540,625 1,020,500 380,250 385,000 0.1645 2026326287994929980011251863556 250322 625385 0000164420263,262,879,949 2,998,001 1,251,863 556,250 322,625 385,000 0.1644 2027 3,295,508,748 2,514,681 1,254,813 957,875 394,500 385,000 0.1626 2028 3,328,463,836 2,501,225 1,250,981 992,625 413,875 385,000 0.1622 2029 3,361,748,474 2,508,063 1,255,250 1,073,125 383,250 385,000 0.1624 2030 3,395,365,959 1,579,575 1,252,500 1,333,375 446,500 979,750 0.1605 2031 3,429,319,618 1,571,194 1,252,731 998,500 828,000 978,500 0.1601 ,,,,,,,,,,2032 3,463,612,815 1,575,669 1,250,825 1,053,750 823,875 975,750 0.1600 2033 3,498,248,943 1,292,400 1,251,663 1,333,625 823,375 976,375 0.1584 2034 3,533,231,432 1,001,700 1,255,006 1,334,000 826,250 980,125 0.1492 2035 3,568,563,747 928,200 1,250,856 1,336,500 827,375 977,000 0.1456 2036 3,604,249,384 1,254,094 1,336,000 826,750 977,000 0.1191 2037 3,640,291,878 1,332,500 824,375 979,875 0.0843 2038 3,676,694,797 825,125 980,500 0.0480 2039 3,713,461,745 978,875 0.0258 54,862,077$ 18,851,276$ 20,003,313$ 11,029,178$ 13,712,889$
Town of ProsperScenario 2 ‐ Homestead Exemption of 7.5%; Projected Initial Lost Value of $83,169,820Series Series Series SeriesTaxable Outstanding2016 2017 2018 2019Assessed Tax‐Backed$10.71mm $11.35mm $6.07mm $7.50mmI&S TaxFYEValuation (1)Debt Service (2)Proceeds (3)Proceeds (3)Proceeds (3)Proceeds (3)Rate (4)2016 2,129,311,118$ 3,384,038$ 0.1589$ 2017 2,346,141,298 3,471,116 736,507$ 0.1691 2018 2,646,141,298 3,209,616 519,888 917,938$ 0.1686 2019 2,846,141,298 3,096,518 549,175 911,250 394,428$ 0.1680 2020 3,046,141,298 3,229,225 547,750 699,250 329,500 464,139$ 0.1677 2021 3,076,602,711 3,378,759 546,325 677,625 333,375 385,000 0.1678 2022 3,107,368,738 3,419,265 544,900 681,125 337,000 385,000 0.1676 2023 3,138,442,425 3,444,703 543,475 703,625 340,375 385,000 0.1676 2024 3,169,826,850 3,437,511 542,050 753,875 348,375 385,000 0.1675 2025 3,201,525,118 3,137,683 540,625 1,020,500 380,250 385,000 0.1659 20263 233 540 3692 998 0011 251 863556 250322 625385 0000 165820263,233,540,369 2,998,001 1,251,863 556,250 322,625 385,000 0.1658 2027 3,265,875,773 2,514,681 1,254,813 957,875 394,500 385,000 0.1640 2028 3,298,534,531 2,501,225 1,250,981 992,625 413,875 385,000 0.1636 2029 3,331,519,876 2,508,063 1,255,250 1,073,125 383,250 385,000 0.1638 2030 3,364,835,075 1,579,575 1,252,500 1,333,375 446,500 979,750 0.1619 2031 3,398,483,426 1,571,194 1,252,731 998,500 828,000 978,500 0.1614 ,,,,,,,,,,2032 3,432,468,260 1,575,669 1,250,825 1,053,750 823,875 975,750 0.1614 2033 3,466,792,943 1,292,400 1,251,663 1,333,625 823,375 976,375 0.1598 2034 3,501,460,872 1,001,700 1,255,006 1,334,000 826,250 980,125 0.1505 2035 3,536,475,481 928,200 1,250,856 1,336,500 827,375 977,000 0.1469 2036 3,571,840,235 1,254,094 1,336,000 826,750 977,000 0.1202 2037 3,607,558,638 1,332,500 824,375 979,875 0.0850 2038 3,643,634,224 825,125 980,500 0.0485 2039 3,680,070,566 978,875 0.0260 54,862,077$ 18,851,276$ 20,003,313$ 11,029,178$ 13,712,889$
Town of ProsperScenario 1 ‐ Homestead Exemption of 10%; Projected Initial Lost Value of $110,853,149Series Series Series SeriesTaxable Outstanding2016 2017 2018 2019Assessed Tax‐Backed$10.71mm $11.35mm $6.07mm $7.50mmI&S TaxFYEValuation(1)DebtService(2)Proceeds(3)Proceeds(3)Proceeds(3)Proceeds(3)Rate(4)FYEValuation Debt Service Proceeds Proceeds Proceeds Proceeds Rate 2016 2,129,311,118$ 3,384,038$ 0.1589$ 2017 2,318,457,969 3,471,116 736,507$ 0.1710 2018 2,618,457,969 3,209,616 519,888 917,938$ 0.1702 2019 2,818,457,969 3,096,518 549,175 911,250 394,428$ 0.1696 20203 018 457 9693 229 225547 750699 250329 500464 139$0169220203,018,457,969 3,229,225 547,750 699,250 329,500 464,139$ 0.1692 2021 3,048,642,549 3,378,759 546,325 677,625 333,375 385,000 0.1692 2022 3,079,128,974 3,419,265 544,900 681,125 337,000 385,000 0.1691 2023 3,109,920,264 3,444,703 543,475 703,625 340,375 385,000 0.1691 2024 3,141,019,467 3,437,511 542,050 753,875 348,375 385,000 0.1690 2025 3,172,429,661 3,137,683 540,625 1,020,500 380,250 385,000 0.1673 2026 3,204,153,958 2,998,001 1,251,863 556,250 322,625 385,000 0.1673 2027 3,236,195,497 2,514,681 1,254,813 957,875 394,500 385,000 0.1655 2028 3,268,557,452 2,501,225 1,250,981 992,625 413,875 385,000 0.1650 2029 3,301,243,027 2,508,063 1,255,250 1,073,125 383,250 385,000 0.1653 2030 3,334,255,457 1,579,575 1,252,500 1,333,375 446,500 979,750 0.1633 2031 3,367,598,012 1,571,194 1,252,731 998,500 828,000 978,500 0.1629 2032 3,401,273,992 1,575,669 1,250,825 1,053,750 823,875 975,750 0.1628 2033 3,435,286,732 1,292,400 1,251,663 1,333,625 823,375 976,375 0.1612 2034 3,469,639,599 1,001,700 1,255,006 1,334,000 826,250 980,125 0.1518 2035 3,504,335,995 928,200 1,250,856 1,336,500 827,375 977,000 0.1482 20363 539 379 3551 254 0941 336 000826 750977 0000121220363,539,379,355 1,254,094 1,336,000 826,750 977,000 0.1212 2037 3,574,773,149 1,332,500 824,375 979,875 0.0857 2038 3,610,520,880 825,125 980,500 0.0489 2039 3,646,626,089 978,875 0.0262 54,862,077$ 18,851,276$ 20,003,313$ 11,029,178$ 13,712,889$
Town of Prosper“a place where everyone matters”Assumptions for Projected Debt ServicepyAssumptions for Projected Debt Service and I&S Rate including Options for HtdEtiHomestead Exemptions(1) FY 2016 based on certified values per Denton CAD and Collin CAD websites. Assumes $300 million in annual growth for FY's 2017‐2018, $200 million in annual growth for FY's 2019‐2020, 1% thereafter. FY 2017 and beyond ggy(2) Debt service assumed to be repaid solely with I&S tax revenues. Repayment source may be changed from year to year.(3) Debt service assumed to be repaid solely with I&S tax revenues. Based on projected rates; preliminary, subject to change.(4) Estimated. Based on assumed total frozen revenues of $775,000 and projected pro rata I&S tax rate share of a combined tax rate of $0.52; preliminary, subject to change.
Town of Prosper“a place where everyone matters”Agenda Item 13.pygConsider and act upon a resolution adoptingthFi lY20152016CitltheFiscalYear2015-2016CapitalImprovement Program.(HW)
Town of Prosper“a place where everyone matters”Agenda Item 14.pygConsider and act upon authorizing the TownMttWtItManagertoexecuteaWaterImprovementDevelopment Agreement betweenBl fi ldHLPdthTfBloomfieldHomes,LP,andtheTown ofProsper, Texas, related to the extension oftlitthPLkwaterlinestoservetheProsperLakeonPreston development.(HW)
Town of Prosper“a place where everyone matters”Agenda Item 15.pygConsider and act upon a resolutionth i ithTMttauthorizingtheTownManagertoexecuteanapplication to the Texas Parks & WildlifeDttOtdRtiGtfDepartmentOutdoorRecreationGrantforthe development of Frontier Park North.(PN)(PN)
Town of Prosper“a place where everyone matters”Agenda Item 16.Executive SessionpyExecutive SessionRecess into Closed Session in compliance with Section551.001et.seq.TexasGovernmentCode,asauthorizedby551.001et.seq.TexasGovernmentCode,asauthorizedbythe Texas Open Meetings Act, to deliberate regarding:16a.Section 551.087 - To discuss and consider economicdevelopment incentives.16bSection551072Todiscussandconsiderpurchase16b.Section551.072-Todiscussandconsiderpurchase,exchange, lease, or value of real property formunicipal purposes and all matters incident andltdth trelatedthereto.
Town of Prosper“a place where everyone matters”Agenda Item 16 Con’tpyExecutive Session16c.Section 551.074–Todiscussappointments toppthe Board of Adjustment/Construction Board ofAppeals, Parks & Recreation Board, LibraryBoard,ProsperEconomicDevelopmentBoard,ProsperEconomicDevelopmentCorporation Board, and Planning & ZoningCommission.
Town of Prosper“a place where everyone matters”Agenda Item 17.pyReconveneinRegularSessionandtakeReconveneinRegularSessionandtakeany action necessary as a result of theCl dSiClosedSession.
Town of Prosper“a place where everyone matters”Agenda Item 18.pyPossibly direct Town staff to schedule topic(s)for discussion at a future meeting.•TIRZ No. 1 and TIRZ No. 2 Board of Directors(HJ)(HJ)•Discussion on the Lower Pressure Plane GroundStorage Tank and Pump Station Project.(HW)Di ifblhh•Discussion ofportable restrooms at thesouthwestcorner of Frontier Park.(HW)
•Prefab Building: $ 75,000•Plumbing/Electrical: $ 20,000•Landscaping:$ 5,000pg$,•Sidewalk/Hardscape $ 7,500TOTAL$107 500•TOTAL$107,500
Town of Prosper“a place where everyone matters”Agenda Item 19.pyAdjourn
Budget Theme:
No Tax Rate Increase
No Water or Sewer Rate Increase
No Solid Waste Rate Increase
No Storm Drainage Fee Increase
Minimal Other Fee Increases
3
Proposed FY 2015-2016 Budget Includes
Public Safety
Streets
Parks
Proposed FY 2014-2015 Budget Focus:
4
Consolidated Fund Summaries
5
FUND
ACTUAL
BUDGET
2013-2014
AMENDED
BUDGET
2014-2015
ESTIMATED
BUDGET
2014-2015
PROPOSED
BUDGET
2015-2016
GENERAL REVENUES 12,828,898 14,686,034 15,063,576 17,632,303
EXPENDITURES 12,317,247 15,013,900 14,002,231 17,462,293
511,651 (327,866)1,061,345 170,010
WATER / SEWER REVENUES 8,971,879 10,295,293 9,854,707 11,725,235
EXPENDITURES 10,888,062 10,424,679 10,285,644 12,065,437
(1,916,183) (129,386) (430,937) (340,202)
DEBT SERVICE (I&S)REVENUES 3,164,677 2,955,065 3,176,000 3,418,269
EXPENDITURES 2,964,315 2,870,065 2,867,065 3,405,040
200,362 85,000 308,935 13,229
CAPITAL PROJECTS (75)REVENUES 1,865,388 20,848,500 19,024,390 17,824,390
EXPENDITURES 3,132,569 28,407,055 13,375,555 38,835,225
(1,267,181) (7,558,555)5,648,835 (21,010,835)
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
ACCOUNT TYPE
NET REVENUES OVER (UNDER) EXPENDITURES
Consolidated Fund Summaries Cont’d
6
FUND
ACTUAL
BUDGET
2013-2014
AMENDED
BUDGET
2014-2015
ESTIMATED
BUDGET
2014-2015
PROPOSED
BUDGET
2015-2016
CAPITAL PROJECTS (76)REVENUES 7,193,806 404,581 191,021 12,285,000
EXPENDITURES - 2,382,500 922,300 3,181,700
7,193,806 (1,977,919) (731,279)9,103,294
PARKS REVENUES 1,029,875 502,000 507,300 207,300
EXPENDITURES 135,505 214,000 214,990 1,590,000
894,370 288,000 292,310 (1,382,700)
IMPACT FEES REVENUES 3,842,328 3,974,150 5,457,050 6,444,500
EXPENDITURES 427,768 2,968,487 4,193,655 16,204,993
3,414,560 1,005,663 1,263,395 (9,760,493)
INTERNAL SERVICE REVENUES 30,099 44,650 21,440 25,640
EXPENDITURES 21,756 30,000 20,000 40,000
8,343 14,650 1,440 (14,360)
ACCOUNT TYPE
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
Consolidated Fund Summaries Cont’d
7
FUND
ACTUAL
BUDGET
2013-2014
AMENDED
BUDGET
2014-2015
ESTIMATED
BUDGET
2014-2015
PROPOSED
BUDGET
2015-2016
SPECIAL REVENUE REVENUES 409,897 50,380 739,918 62,100
EXPENDITURES 218,820 95,133 70,375 100,000
191,077 (44,753)669,543 (37,900)
STORM DRAINAGE REVENUES 249,583 272,000 272,500 316,100
EXPENDITURES 228,320 306,195 260,738 315,780
21,263 (34,195)11,762 320
VERF REVENUES 800,000 1,336,195 536,195 550,781
EXPENDITURES - 797,010 399,479 1,045,606
800,000 539,185 136,716 (494,825)
ACCOUNT TYPE
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
NET REVENUES OVER (UNDER) EXPENDITURES
Prosper Adopted Tax Rate
8
$0.0000
$0.1000
$0.2000
$0.3000
$0.4000
$0.5000
$0.6000
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Tax Rate per $100 Tax Year
Property Tax Rate Comparison
(2014 Tax Rates)
9
Source: Collin and Denton Central Appraisal Districts.
0.000
0.100
0.200
0.300
0.400
0.500
0.600
0.700
0.800
0.900
1.000 Cents per $100
Conclusion
Tax rate remaining at $0.52/$100
Town of Prosper is 20.74% of total tax bill
Effective tax rate increase is 8.20%
10
Prosper Tax Comparison
11
FREEZE-ADJUSTED TAXABLE VALUE COLLIN DENTON
2015 CERTIFIED VALUE $2,013,490,578 $115,820,540
2014 CERTIFIED VALUE $1,688,310,574 $64,944,344
CHANGE $ $325,180,004 $50,876,196
CHANGE % 19.26% 78.34%
AVG SINGLE FAMILY HOME 2015 $423,062 $196,059
AVG SINGLE FAMILY HOME 2014 $378,651 $175,686
AVG SF HOME CHANGE $ $44,411 $20,373
AVG SF HOME CHANGE % 11.73% 11.60%
IMPACT ON AVERAGE HOME OWNER
TOWN TAX BILL 2015 $2,200 $1,020
TOWN TAX BILL 2014 $1,969 $914
CHANGE $ $231 $106
CHANGE $ 11.73% 11.60%
Prosper Property Tax Rate
12
$0.0000
$0.1000
$0.2000
$0.3000
$0.4000
$0.5000
$0.6000
$0.7000
2008 2009 2010 2011 2012 2013 2014 2015
ETR RTR Adopted Rate
Prosper TH Price Info
For discussion purposes only
Toured Projects Probable Construction Costs
Lewisville Town Hall
Over $350 per SF
2003
Corinth Town Hall
$225 per SF
2003
Coppell Town Hall
$275 per SF
1985
Relevant Construction Costs
Melissa City Hall
June 2010
$250 per SF
(Site development by developer)
Building $ per SF: $163
Finish out $ per SF: $87
Relevant Construction Costs
Prosper HS
August 2009
$223 per SF
Building $ per SF: $139
Finish out $ per SF: $84
Relevant Construction Costs
Windsong Elementary School
September 2015
$212 per SF
Building $ per SF: $137
Finish out $ per SF: $75
Relevant Construction Costs
Prosper Fire Station No. 2
June 2015
$375 per SF
Building $ per SF: $272
Finish out $ per SF: $103
Relevant Construction Costs
North Texas Municipal Water District Admin Bldg
August 2014
(3-Story Tilt Wall)
$234 per SF
Building $ per SF: $152
Finish out $ per SF: $82
Relevant Construction Costs
Ortho Texas Office Bldg
(Class A Building)
December 2015
$275 per SF
Building $ per SF: $179
Finish out $ per SF: $96
PROSPER TOWN HALL/MULTI-PURPOSE BUILDINGPRELIMINARY COST COMPARISON*September 22, 2015 Building Area (SF) Assumed Current Cost ($/SF)** Total Current Cost ($) Building Area (SF) Assumed Current Cost ($/SF) Total Current Cost ($) Building Area (SF) Assumed Current Cost ($/SF) Total Current Cost ($) Building Area (SF) Assumed Current Cost ($/SF) Total Current Cost ($) Building Area (SF) Assumed Current Cost ($/SF) Total Current Cost ($) BUILDING RELATED COSTSTOWN HALL*Year 2020 Needs Assessment23,139 220.00$ 5,090,580$ 23,139 174.05$ 4,027,343$ 23,139 363.19$ 8,403,853$ 23,139 325.29 7,526,885$ 23,139 165.40$ 3,827,191$ Added Space for 2024 per Needs Assessment 8,956 220.00$ 1,970,320$ 8,956 174.05$ 1,558,792$ 8,956 363.19$ 3,252,730$ 8,956 325.29 2,913,297$ 8,956 165.40$ 1,481,322$ 32,095 32,095 32,095 32,095 32,095 MUNICIPAL COURT**Year 2020 Needs Assessment2,416 220.00$ 531,520$ 2,416 174.05$ 420,505$ 2,416 363.19$ 877,467$ 2,416 325.29 785,901$ 2,416 165.40$ 399,606$ Added Space for 2024 per Needs Assessment 1,114 220.00$ 245,080$ 1,114 174.05$ 193,892$ 1,114 363.19$ 404,594$ 1,114 325.29 362,373$ 1,114 165.40$ 184,256$ 3,530 3,530 3,530 3,530 3,530 LIBRARYYear 2020 Needs Assessment10,146 220.00$ 2,232,120$ 10,146 174.05$ 1,765,911$ 10,146 363.19$ 3,684,926$ 10,146 325.29 3,300,392$ 10,146 165.40$ 1,678,148$ ***Revised from Class A to class B office building due to decreased finish equipment.Added Space for 2024 per Needs Assessment2,369 220.00$ 521,180$ 2,369 174.05$ 412,324$ 2,369 363.19$ 860,397$ 2,369 325.29 770,612$ 2,369 165.40$ 391,833$ 112,515 12,515 12,515 12,515 12,515 TOTAL BUILDING COSTS2Complete Finish Out35,701 220.00$ 7,854,220$ 35,701 174.05$ 6,213,759$ 35,701 363.19$ 12,966,246$ 35,701 325.29 11,613,178$ 35,701 165.40$ 5,904,945$ Added Space for 2024 per Needs Assessment 12,439 220.00$ 2,736,580$ 12,439 174.05$ 2,165,008$ 12,439 363.19$ 4,517,720$ 12,439 325.29 4,046,282$ 12,439 165.40$ 2,057,411$ 3Additional Shell Space needed to make up 50,000 SF1,860 220.00$ 409,200$ 1,860 174.05$ 323,733$ 1,860 363.19$ 675,533$ 1,860 325.29605,039$ 1,860 165.40$ 307,644$ SUBTOTAL RAW BUILDING ONLY COSTS50,000 220.00$ 11,000,000$ 50,000 174.05$ 8,702,500$ 150,000 363.19$ 18,159,500$ 50,000 325.29 16,264,500$ 50,000 165.40$ 8,270,000$ 145 Represents estimated IT cost of $125K + Security cost of $75K. Based on ROM Estimate from DataCom Design Group.Exterior upgrades to brick & punched openings22,500 10.00$ 225,000$ 222,500 10.00$ 225,000$ 26Interior finish beyond basic paint, carpet, lay-in clg.50,000 7.50$ 375,000$ 250,000 7.50$ 375,000$ 2Additional interior costs for acoustic elements4,000 10.00$ 40,000$ 34,000 10.00$ 40,000$ 3Foundation cost for structured slab20,000 10.00$ 200,000$ 420,000 10.00$ 200,000$ 47 Amount from original Needs Assessment estimate increased relative to building size increase.Upgrade to (2) MRL Elevators, 2,500#-$ 14-$ -$ 148Fire Alarm System50,000 2.00$ 100,000$ 50,000 2.00$ 100,000$ Fireproof cabinet(s) for vital documents50,000 0.10$ 5,000$ 1550,000 0.10$ 5,000$ 159Based on ROM estimate from DataComm Design Group10ADDITIONAL BUILDING RELATED INFRASTRUCTURE COSTSIT/Security50,000 5.40$ 269,992$ 50,000 4.00$ 200,000$ 550,000 4.00$ 200,000$ 5IT Equipment Room Infrastructure50,000 4.48$ 224,083$ 50,000 4.48$ 224,000$ 950,000 4.48$ 224,000$ 911Assumed number based off of original Needs Assessment estimate.AV & Equipment50,000 14.57$ 728,271$ 50,000 7.50$ 375,000$ 1050,000 7.50$ 375,000$ 1012Means includes a 17kW generatorEmergency Generator50,000 2.80$ 140,052$ 50,000 -$ -$ 1250,000 -$ -$ 1213SUBTOTAL247.25$ 12,362,399$ 229.63$ 10,446,500$ 220.98$ 10,014,000$ BUILDING COST CONTINGENCY @ 7% (reduced from 10%)1724.72$ 1,236,240$ 16.07$ 731,255$ 15.47$ 700,980$ 14SUBTOTAL BUILDING RELATED COSTS271.97$ 13,598,639$ 245.70$ 11,177,755$ 236.45$ 10,714,980$ 15BUILDING RELATED ESCALATION16Year 20148%21.76$ 1,087,891$ Year 20157% 20.56$ 1,028,057$ 5% 12.29$ 558,888$ 5% 11.82$ 535,749$ Year 2016 to March (bid date)167% 22.00$ 1,100,021$ 2.5% 6.45$ 293,416$ 2.5% 6.21$ 281,268$ Reduced from mid-point of construction to projected bid date in first quarter of 201617TOTAL BUILDING RELATED COSTS336.29$ 16,814,608$ 264.44$ 12,030,059$ 254.48$ 11,531,997$ Town Hall Cost ExamplesClass B Office Building*** Year 2020 Building Scope + Finished Space to total 50,000 SF Based on 2015 R. S. Means Data Based on 2015 R. S. Means Data RSA Estimating Consultant North Richland Hills C. H. 6 Year 2020 Building Scope + Finished Space to total 50,000 SF 7 4 Year 2020 Building Scope + Finished Space to total 50,000 SF 5 Year 2020 Building Scope + Finished Space to total 50,000 SF ADDITIONAL BUILDING RELATED COSTS (not included in Means) Based on Needs Assessment CONSTRUCTION COSTSRSA's estimator has very recent data on a similar project in the DFW area. This is a smaller project a little over 30,000 SF and includes higer level of finish Year 2020 Building Scope + Finished Space to total 50,000 SF 3 This Cost Comparison is being provided at this time based on Unit Costs from the previous Needs Assessment commissioned by the Town of Prosper and updated Escalation Factors from RSA's estimator. These unit costs will be updated in future estimates after further evaluation by the Design Team.Based on R.S. Means, Square Foot Costs, 2015. Means costs are escalated to January 1, 2015.Used same cost from Needs Assessment estimate. Not enough information yet to provide realistic ROM estimate.See belowSee belowUse standard hydraulic elevators. Means includes two hydraulic elevators. Assume no City requirement for sand oil interceptor. Consider use of vegetable oil.Expected increases to level of finish at interior & exterior. Reduced to 1/2 of previous numberAssume no built in vault. Use fireproof cabinet(s). Begin with minimum number and purchase additional cabinets as needed.Based on ROM estimate from DataComm Design Group. RSA has lowered this cost to approximately 1/2 of the previous amount. The assumption is that Prosper may be able to install a more basic AV system and upgrade over time as budget allows.Includes landscape, trees, flatwork, and irrigation. Area represents assumed site area not devoted to building or parking. Due to site coverage by building and assumed parking RSA has reduced the amount of site area assumed to be landscaped.Expected premium for structured concrete foundation. Possibly not required. Dependant on Geotech Report.Expected increase for acoustic partitions, acoustic doors, sound absorbtive panels, etc. Reduced to 1/2 of previous number.RSA ROM includes concrete parking, utilities from street to building, on-site storm control (no detention), site lighting. We have reduced this number to $12/SF of assumed site area. However, until such time as we have a topographic survey, geotechnical report, and a better idea of the building location RSA nor Pogue will be able to determine a safe cost assumption for the sitework. The Contingency percentage has been lowered from 10% to 7%. At this early stage prior to an accepted design, a fair amount of contingency is advisable. Nevertheless, we have reduced the number to 7%. As the design progresses and becomes more defined, the contingency can be further reduced. The final Construction Documents will need to maintain some contingency to allow the team to deal with unknown factors that may arise during construction. Note: Column 3 reflecting the original Needs Assessment estimate has not been lowered from its original 10% Contingency.Year 2016 escalation is reduced to reflect a reasonable expectation for of escalation to bid date in early 2016 rather than the previous mid-point if construction. This revision is based on discussions with the CM@R. Note: Column 3 continues to reflect the 7% escalation for 2016 that was indicated in the original Needs Assessment"Assumed Current Cost" is the $220/SF unit cost used in the previous Needs Assessment to represent the projected building cost. This amount was used to represent End of Year 2013 fully finished basic building construction before "Infrastructure Costs". The value of $154.00/SF found in column "2" is 70% of the $220.00/SF and represents the projected cost to constuct unfinished shell space.North Richland Hills is a much larger building. It's total size is 182,000 SF. This creates an economy of scale that results in a lower per SF costPage 1 of 2Copyright Randall Scott Architects, Inc. September 22, 2015
PROSPER TOWN HALL/MULTI-PURPOSE BUILDINGPRELIMINARY COST COMPARISON*September 22, 2015 Building Area (SF) Assumed Current Cost ($/SF)** Total Current Cost ($) Building Area (SF) Assumed Current Cost ($/SF) Total Current Cost ($) Building Area (SF) Assumed Current Cost ($/SF) Total Current Cost ($) Building Area (SF) Assumed Current Cost ($/SF) Total Current Cost ($) Building Area (SF) Assumed Current Cost ($/SF) Total Current Cost ($) Town Hall Cost ExamplesClass B Office Building*** Year 2020 Building Scope + Finished Space to total 50,000 SF Based on 2015 R. S. Means Data Based on 2015 R. S. Means Data RSA Estimating Consultant North Richland Hills C. H. 6 Year 2020 Building Scope + Finished Space to total 50,000 SF 7 4 Year 2020 Building Scope + Finished Space to total 50,000 SF 5 Year 2020 Building Scope + Finished Space to total 50,000 SF Based on Needs Assessment Year 2020 Building Scope + Finished Space to total 50,000 SF 3 ON-SITE RELATED COSTSON-SITE INFRASTRUCTURE COSTSLandscape/Flatwork10.08$ 504,188$ 75,000 5.00$ 375,000$ 675,000 5.00$ 375,000$ 6Site Fence-$ -$ -$ LEED Enhancements-$ -$ -$ On-Site Water Detention-$ -$ -$ Site Development/Parking36.30$ 1,815,000$ 177,500 12.00$ 2,130,000$ 13177,500 12.00$ 2,130,000$ 13Franchise Utility Impact Fees-$ -$ -$ SUBTOTAL46.38$ 2,319,188$ 17.00$ 2,505,000$ 17.00$ 2,505,000$ ON-SITE COST CONTINGENCY @ 7%174.64$ 231,919$ 1.19$ 175,350$ 1.19$ 175,350$ SUBTOTAL ON-SITE COSTS51.02$ 2,551,106$ 18.19$ 2,680,350$ 18.19$ 2,680,350$ ON-SITE RELATED ESCALATIONYear 20148%4.08$ 185,535$ Year 20157% 3.86$ 175,331$ 5% 0.85$ 125,250$ 5% 0.85$ 125,250$ Year 2016 to March (bid date)167% 4.13$ 187,604$ 2.5% 0.45$ 65,756$ 2.5% 0.45$ 65,756$ TOTAL ON-SITE COSTS63.09$ 3,099,576$ 19.49$ 2,871,356$ 19.49$ 2,871,356$ TOTAL ALL BUILDING AND ON-SITE COSTSTOTAL ALL BUILDING RELATED COST FROM ABOVE336.29$ 16,814,608$ 264.44$ 12,030,059$ 254.48$ 11,531,997$ TOTAL ALL ON-SITE RELATED COST FROM ABOVE63.09$ 3,099,576$ 19.49$ 2,871,356$ 19.49$ 2,871,356$ CONSTRUCTION MANAGER'S PRE-CONSTRUCTION FEE0.15$ 7,500$ 0.15$ 7,500$ 0.15$ 7,500$ 0.15$ 7,500$ 0.15$ 7,500$ SUBTOTAL363.34$ 18,167,000$ 325.44$ 16,272,000$ ESCALATION FOR ESTIMATES 5 AND 6Year 20146%19.53$ 976,320$ Year 20155% 18.17$ 908,350$ 5% 17.25$ 862,416$ Year 2016 to March (bid date)162.5% 9.54$ 476,884$ 2.5% 9.06$ 452,768$ TOTAL BUILDING AND ON-SITE COSTS399.53$ 19,921,684$ 283.93$ 14,901,415$ $ 391.04 $ 19,552,234 $ 371.27 $ 18,563,504 273.96$ 14,403,353$ 363.19$ 18,159,500$ See belowCONSTRUCTION COSTS16,264,500$ On-site related costs are included in the Sub-Total provided aboveOn-site related costs are included in the Sub-Total provided above325.29$ The column bolow is a combination of Building and On-Site costsThe column bolow is a combination of Building and On-Site costsSee belowPage 2 of 2Copyright Randall Scott Architects, Inc. September 22, 2015
Lower Pressure Plane Pump
Station
September 22, 2015
ALTERNATIVES SITES ANALYSIS
Presentation Agenda
•Water Supply Evaluation
Timeline
•Recap Previous Options
•Identify Alternative Sites
•Site Analysis
•Cost Comparison
•Recommended Path Forward
•Q&A
Water Supply Evaluation Timeline
2005 – First
W/WW
Master Plan
Shows All
NTMWD
Supply
2010 –
W/WW Plan
Update
Shows All
NTMWD
Supply
7/2013 –
Town
Authorizes
LPP Supply
Study
7/2014 –
Meeting w/
UTRWD
Finalizes LPP
Study
1/2015 –
Town
Authorizes
Current LPP
Alignment
Study
2005 2018
2018 –
Projected In-
Service Date
for LPP PS
and EST
Lower Pressure Plane Evaluation
Cost Components NTMWD
(Evaluation)
UTRWD
(Evaluation)
NTMWD
(LPP Site Shift)
UTRWD
(Backup)
Capital Improvement
Cost $ 63,077,700 $ 48,856,200 $ 0M - $ 4M $ 5M - $ 7M
30 year Pumping Costs
(2011 Peaking Factor) $154,184,808 $168,005,118 <$ 9M - $ 11 M> -
TOTAL $ 217 Million $ 217 Million $ 208M - $ 210M $ 222M - $ 224M
Evaluation did not include Lower Bois d’Arc (NTMWD) or Lake Ralph Hall (UTRWD)
Recap – Pump Station Locations
Potential 2nd
NTMWD
Connection Point
FM 1385 DNT Preston Coit Custer
Move the Pump
Station to this
Area
Original Pump
Station Location
Alternate Sites
Alternate Sites – Option 2
Coit
380
Alternate Sites – Option 3
Coit
380
Rogers
MS
Site Analysis
•Pros to Options 1-3
–Less Total Pipeline Length
–Second Connection w/ NTMWD
–Lower Life Cycle Energy Costs
•Cons to Options 1-3
–Requires New Property
–Accelerated Capital Costs – Ta nk
and Control Valve/Meter
–Higher Tank Costs – Mostly
Buried
Cost Comparisons
Cost Item
Option 1
(LaCima/Willow
Ridge)
Option 2
(Richland &
Prosper
Commons)
Option 3 (East of
Rogers M.S.)
Option 4 (Custer
Rd. Site)
Initial Capital $25.8M $28.2M $26.9M $21.7M
Future Capital $7.5M $6.7M $5.0M $9.5M
50-Yr. Pumping $8.6M $6.9M $6.2M $17.5M
Total $41.9 $41.8M $38.1M $48.7M
Costs are based on high level concepts for comparison purposes in 2015 dollars. Future Capital only
includes tank and control vaults since pump station capacity expansions are equal. Pipeline
easement costs are not included. A area of 8 acres was utilized in all costs for PS property
Q&A