1. City of Pilot Point 2018 bond election

2. The CPAC Charge
To hear about the various capital projects for the City
To hear about the various financing options.
To consider and discuss alternatives from nothing to everything and everything in between
To discuss the projects with other people in the community
Prepare a recommendation for city council for a potential bond election

3. The CPAC Charge Began meeting in October
One or two meetings each month
Discussed each issue separately
Road trip
Evaluation process with criteria
Score and rank projects
Recommendation to council January 2018

4. Potential Projects Public Safety Facility
Retrofit Fire station for Public works
Retrofit police station for development services
Consider alternatives for a recreation center
Street rehabilitation - $8.0M without utilities
Sidewalks - $500,000
Drainage master plan $500,000
Downtown redevelopment - $2.8M
Parks – Park Land acquisition - $1.0M

5. Council action Received the report from Cpac January 2018
Discussed holding may election
Decided not to, wait for November
More community involvement and education
April 30 town hall meeting
Education and multi-voting

6. Council omitted Recreation center Park and recreation projects
Downtown rehabilitation
Only $4.0m for streets vs $8.0m

7. Bond package include (each voted on separately)
Public Buildings - $4.5m
Streets - $4.0M
Drainage - $500,000
Sidewalks - $500,000

8. Public Safety Facility Cost Estimate (Plan b)
First estimated cost - $14 million
Decreased from 37,000 sq ft to 26,000 sq ft – 30% reduction
26,000 sq ft x $300/ft = $7.8M
9% for design/Engineering = $700K
Furniture/Fixtures/equipment = $300K
Total $8.8m
Still too costly. This alone is an average 15 cent tax rate increase.

9. Plan C New Fire station – Stand alone - $3.0 million
Build at the Washington St and us 377 location
Design/build process
Smaller footprint
New police station - $1.0 million
Nice two-story design
Architectural design to fit the historic district
Future city hall expansion

10. Retrofit costs Retrofit fire department for Public works = $350K
Retrofit police station for development = $150K
Total public buildings = $4.0m + $500K= $4.5m

11. So, for $4.5 Million for a new Fire Station, Police Station and upgrades for Public Works and Development Services:
For $100,000 house with the 10% exemption that equals $74.52 per year of new taxes, or $6.21 per month.
For $150,000 house with the 10% exemption that equals $ per year of new taxes, or $9.32 per month.
For a $200,000 house with the 10% exemption that equals $ per year of new taxes, or $12.42 per month.

12. Street/sidewalks rehabilitation
34 streets identified
Can be rehabilitated from minor repair to full concrete
Engineer’s recommendation - $8.0M
Council has included $4.0m of funding
Street projects to be determined before the election
Sidewalk plan from the parks master plan - $500K

13. So, for $4.0 Million for Street Improvements:
For $100,000 house with the 10% exemption that equals $66.24 per year of new taxes, or $5.52 per month.
For $150,000 house with the 10% exemption that equals $99.36 per year of new taxes, or $8.28 per month.
For a $200,000 house with the 10% exemption that equals $ per year of new taxes, or $11.04 per month.

14. So, for $500,000 for Sidewalks:
For $100,000 house with the 10% exemption that equals $8.28 per year of new taxes, or 69 cents per month.
For $150,000 house with the 10% exemption that equals $12.42 per year of new taxes, or $1.04 per month.
For a $200,000 house with the 10% exemption that equals $16.56 per year of new taxes, or $1.38 per month.

15. Drainage master plan City does not have a drainage master plan
To prepare the plan including the ETJ is estimated at $500,000
Includes city and etj so developers will know what they will have to put in at their cost

16. So, for $500,000 for a Drainage Master Plan:
For $100,000 house with the 10% exemption that equals $8.28 per year of new taxes, or 69 cents per month.
For $150,000 house with the 10% exemption that equals $12.42 per year of new taxes, or $1.04 per month.
For a $200,000 house with the 10% exemption that equals $16.56 per year of new taxes, or $1.38 per month.

17. Town Hall Meeting April 30, 2018 held at PP intermediate school
About attendees
Multi-voting
Top 4 included public buildings, drainage master plan, streets, downtown plan

18. Total cost
Avg. annual new taxes, assumes no new growth or change in tax rate.

19. However, If New growth is taken into account

20. discussion