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HomeMy WebLinkAbout2008-09-08-Meeting Agendawww.augustaga.gov Finance Committee Meeting Committee Room- 9/8/2008- 1:20 PM FINANCE 1. Adjust the rates for the Parking facility at the Marriott Riverfront Hotel from $0.75 per hour to $1.00 per hour, with an increase in the daily cap from $3.25 to $5.00. Monthly rates will remain unchanged. Attachments 2. Discuss alternative method for insurance premiums charged to employees. (Requested by Commissioner Bowles) (Referred from August 25 Finance Committee) Attachments 3. Motion to approve recommendations from the Hyde Park Study Subcommittee. Attachments 4. Motion to approve extending the inmate medical services contract with Correctional Medical Services, Inc. for an additional year. Attachments 5. Consider approval of intergovernmental memorandum of understanding with the Board of Regents and the Housing Authority and the transfer of funds for the acquisition of Gilbert Manor property. Attachments 6. Motion to approve a request to declare certain personal property accounts on the records of this office as insolvent. Attachments 7. Consider request by Attorney John Long regarding salary increases for 1949 Pension Plan retirees. Attachments 8. Discuss increased salaries for State Court judicial assistants related to their additional duties and the operation of a digital recording system for hearing and trials. Attachments 9. Presentation by Ms. Tamara Perry regarding the denial of her claim for damages against the City resulting from an incident that occurred on June 9, 2008. (Referred from August 25 Finance Committee) Attachments 10. Consider Resolution for the Adoption of the Augusta-Richmond County Redevelopment Plan for the neighborhoods of West Augusta, Downtown, Old City, East Augusta, South Augusta and Create Tax Allocation District Number One - Augusta. Attachments Finance Committee Meeting 9/8/2008 1:20 PM Adjust Parking Rates at Marriott Riverfront Hotel Parking Deck Department:Public Services Depertment - Facilities Management Division Caption:Adjust the rates for the Parking facility at the Marriott Riverfront Hotel from $0.75 per hour to $1.00 per hour, with an increase in the daily cap from $3.25 to $5.00. Monthly rates will remain unchanged. Background:It has been close to 6 years since the parking rates at the Marriott Riverfront Hotel have been adjusted. Analysis:The current rates at the Marriott Riverfront Hotel parking facility are set at $0.75 per hour with a daily cap of $3.25. At these rates, this facility generates roughly $100,000 a year in revenue above the cost of operations. This does not cover the cost of bond financing, which is covered by an allocation from the General Fund and a tax on rental cars. If usage remains constant, the proposed rate increase could increase revenues substantially. However, allowing for some reduction in usage until users grow accustomed to the increase, it would be prudent to project an increase in revenues of $100,000 for total revenues of $200,000. (see attached analysis) Financial Impact:No funding is required. Revenues should increase by an estimated $100,000 annually. Alternatives:1. Adjust the rates for the Parking facility at the Marriott Riverfront Hotel from $0.75 per hour to $1.00 per hour, with an increase in the daily cap from $3.25 to $5.00. Monthly rates will remain unchanged. 2. Do not adjust the rates. Recommendation:#1. Adjust the rates for the Parking facility at the Marriott Riverfront Hotel from $0.75 per hour to $1.00 per hour, with an increase in the daily cap from $3.25 to $5.00. Monthly rates will remain unchanged. Funds are Available in the Following Accounts: No funding is required. Revenues should increase by an estimated $100,000 annually. REVIEWED AND APPROVED BY: Finance. Administrator. Cover Memo Item # 1 Clerk of Commission Cover Memo Item # 1 Daily Average Rate Band # of Cars Rate Revenue $ Amt Increase Cars Rate 16 min.-1 hr. 11 $0.75 $8.25 $0.25 11 $1.00 1 hr, 1 min.- 2 hrs. 15 $1.50 $22.50 $0.50 15 $2.00 2hrs, I min.-3 hrs. 13 $2.25 $29.25 $0.75 13 $3.00 3 hrs, 1 min.-4 hrs. 34 $3.00 $102.00 $1.00 34 $4.00 4 hrs. 1 min & over 25 $3.25 $81.25 $1.75 25 $5.00 Hotel Charges 178 $2.93 $521.54 $1.07 178 $5.00 In/Out Pass (24 hr) 2 $5.00 $10.00 $1.00 2 $6.00 Over 24 hrs 2 $6.25 $12.50 $0.75 2 $7.00 Total 280 $787.29 280 $2.81 Rate Change Analysis Current Projected OLD Ave. Ticket NEW Ave. Ticket Current Rate Change Analysis Attachment number 1 Page 1 of 3 Item # 1 Revenue $11.00 $30.00 $39.00 $136.00 $125.00 $890.00 $12.00 $14.00 $1,257.00 $4.49 Projected Attachment number 1 Page 2 of 3 Item # 1 Annual Average Rate Band # of Cars Rate Revenue $ Amt Increase Cars Rate Revenue 16 min.-1 hr. 3582 $0.75 $2,686.50 $0.50 3582 $1.00 $3,582.00 1 hr, 1 min.- 2 hrs. 5292 $1.50 $7,938.00 $0.50 5292 $2.00 $10,584.00 2hrs, I min.-3 hrs. 4598 $2.25 $10,345.50 $0.50 4598 $3.00 $13,794.00 3 hrs, 1 min.-4 hrs. 12422 $3.00 $37,266.00 $0.50 12422 $4.00 $49,688.00 4 hrs. 1 min & over 9092 $3.25 $29,549.00 $0.50 9092 $5.00 $45,460.00 Hotel Charges 74892 $2.93 $219,433.56 $2.07 74892 $5.00 $374,460.00 In/Out Pass (24 hr) 866 $5.00 $4,330.00 $1.00 866 $6.00 $5,196.00 Over 24 hrs 142 $6.25 $887.50 $0.75 142 $7.00 $994.00 Total 110886 $312,436.06 110886 $503,758.00 $2.82 $4.54 Rate Change Analysis Current Projected OLD Ave. Ticket NEW Ave. Ticket Attachment number 1 Page 3 of 3 Item # 1 Finance Committee Meeting 9/8/2008 1:20 PM Employee Insurance Premiums Department:Clerk of Commission Caption:Discuss alternative method for insurance premiums charged to employees. (Requested by Commissioner Bowles) (Referred from August 25 Finance Committee) Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 2 Finance Committee Meeting 9/8/2008 1:20 PM Hyde Park Study Subcommittee Recommendations Department:Clerk of Commission Caption:Motion to approve recommendations from the Hyde Park Study Subcommittee. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 3 Attachment number 1 Page 1 of 1 Item # 3 Finance Committee Meeting 9/8/2008 1:20 PM Inmate Medical Services Contract Department: Caption:Motion to approve extending the inmate medical services contract with Correctional Medical Services, Inc. for an additional year. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Administrator. Clerk of Commission Cover Memo Item # 4 Attachment number 1 Page 1 of 2 Item # 4 Attachment number 1 Page 2 of 2 Item # 4 Attachment number 2 Page 1 of 5 Item # 4 Attachment number 2 Page 2 of 5 Item # 4 Attachment number 2 Page 3 of 5 Item # 4 Attachment number 2 Page 4 of 5 Item # 4 Attachment number 2 Page 5 of 5 Item # 4 Finance Committee Meeting 9/8/2008 1:20 PM MCG Memorandum of Understanding Department: Caption:Consider approval of intergovernmental memorandum of understanding with the Board of Regents and the Housing Authority and the transfer of funds for the acquisition of Gilbert Manor property. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Administrator. Clerk of Commission Cover Memo Item # 5 Attachment number 1 Page 1 of 3 Item # 5 Attachment number 1 Page 2 of 3 Item # 5 Attachment number 1 Page 3 of 3 Item # 5 Finance Committee Meeting 9/8/2008 1:20 PM Request to have insolvent list approved Department:Tax Commissioner Caption:Motion to approve a request to declare certain personal property accounts on the records of this office as insolvent. Background:This is a process that is authorized by the Georgia Revenue Code (OCGA 48-3-23) and recommended to be done every so often by the Commission in order to make the outstanding accounts more indicative of the actual collectibles. Analysis:This is for the purpose of clearing our active records of accounts that are uncollectible. This does not mean the accounts are done away with, but rather listed on a separate digest. These records have been certified by the Tax Assessor's Office as not being current accounts. Financial Impact:From a tax billings of $177 million, we now have an insolvent amount of $318,009, which represents County, School and State personal/business taxes for a period of seven years. The County share of the total $318,009 is one-third or $106,003. Alternatives: Recommendation:Declare accounts insolvent. Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Finance. Administrator. Clerk of Commission Cover Memo Item # 6 Attachment number 1 Page 1 of 1 Item # 6 Finance Committee Meeting 9/8/2008 1:20 PM Retirees Pension Increase Department:Clerk of Commission Caption:Consider request by Attorney John Long regarding salary increases for 1949 Pension Plan retirees. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 7 Attachment number 1 Page 1 of 1 Item # 7 Finance Committee Meeting 9/8/2008 1:20 PM State Court Judicial Assistants / Digital Recording System Department:Administrator Caption:Discuss increased salaries for State Court judicial assistants related to their additional duties and the operation of a digital recording system for hearing and trials. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Administrator. Clerk of Commission Cover Memo Item # 8 Attachment number 1 Page 1 of 1 Item # 8 Finance Committee Meeting 9/8/2008 1:20 PM Tamara Perry Department:Clerk of Commission Caption:Presentation by Ms. Tamara Perry regarding the denial of her claim for damages against the City resulting from an incident that occurred on June 9, 2008. (Referred from August 25 Finance Committee) Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 9 Attachment number 1 Page 1 of 2 Item # 9 Attachment number 1 Page 2 of 2 Item # 9 Finance Committee Meeting 9/8/2008 1:20 PM Tax Allocation District 1 - resolution Department:Finance Department Caption:Consider Resolution for the Adoption of the Augusta-Richmond County Redevelopment Plan for the neighborhoods of West Augusta, Downtown, Old City, East Augusta, South Augusta and Create Tax Allocation District Number One - Augusta. Background:The Redevelopment Powers Law provides for the exercise of redevelopment powers, the adoption of redevelopment plans and the creation of tax allocation districts by counties and municipalities in the State of Georgia. The purpose of the law is to improve economic and social conditions within substantially underutilized, as well as economically and socially depressed urban areas that contribute to or cause unemployment, limit the tax resources of counties, municipalities and consolidated governments while creating a greater demand for governmental services, have a deleterious effect upon the public health, safety, morals and welfare and impair or arrest the sound growth of the community. It is in the public interest of Augusta-Richmond County that the Redevelopment Powers Law be exercised to improve economic and social conditions in order to remedy the detrimental effects of the Augusta-Richmond County Redevelopment Area in the neighborhoods in West Augusta, Downtown, Old City, East Augusta and South Augusta. If the Redevelopment Plan and creation of Tax Allocation District Number One – Augusta is approved, it shall become effective as of December 31, 2008, and shall continue in existence until off redevelopment costs, including financing costs and debt service on tax allocation bonds are paid in full. Analysis:The approval of the Redevelopment Plan and designation of the Tax Allocation District will allow the City of Augusta to proceed in rebuilding the community. Financial Impact: The Development Authority of Richmond County shall be designated as the redevelopment agency to exercise redevelopment powers as necessary to implement the provisions of the Redevelopment Plan. The Commission will authorize issuance of tax allocation bonds and/or obtain commercial bank financing and to use the proceeds of any tax allocation bonds or financing for any and all eligible uses including, without limitation, costs of issuance of the tax allocation bonds or commercial financing; capital costs of public and private improvements, including but not limited to greenspace, parks and trails; street, traffic control devices, bridges and parking facilities, utilities, drinking water, etc. The property proposed to be pledged for payment or as security for payment of tax allocation bonds will include positive ad valorem tax allocation increments from ad valorem taxes levied Cover Memo Item # 10 on all taxable real property within the boundaries of Tax Allocation District Number One – Augusta. The Tax Commissioner, Tax Assessor and Finance Director will take all appropriate measures to identify tax parcels within the Augusta Tax Allocation District upon the tax digest to allocate all positive tax allocation increments and to establish a Special Fund for the accrual of tax allocation increments, and to establish a Special Fund for the accrual of tax allocation increments as provided by the Redevelopment Powers Law. Alternatives:None recommended. Recommendation:Approve the Resolution for the Adoption of the Augusta-Richmond County Redevelopment Plan for the neighborhoods of West Augusta, Downtown, Old City, East Augusta, South Augusta and Create Tax Allocation District Number One - Augusta Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Finance. Administrator. Clerk of Commission Cover Memo Item # 10 AUGUSTA-RICHMOND COUNTY, GEORGIA A RESOLUTION A RESOLUTION CREATING THE AUGUSTA-RICHMOND COUNTY REDEVELOPMENT AREA AND TAX ALLOCATION DISTRICT NUMBER ONE-- AUGUSTA]; DESIGNATING THE BOUNDARIES OF THE REDEVELOPMENT AREA AND TAX ALLOCATION DISTRICT; ESTABLISHING THE TAX ALLOCATION INCREMENT BASE FOR THE TAX ALLOCATION DISTRICT; ADOPTING A REDEVELOPMENT PLAN FOR THE AREA; ESTABLISHING THE INTENT TO ISSUE AND SELL TAX ALLOCATION BONDS OR OBTAIN OTHER FINANCING NECESSARY TO EFFECTUATE THE REDEVELOPMENT OF THE AREA; AUTHORIZING THE DEVELOPMENT AUTHORITY OF RICHMOND COUNTY TO ACT AS THE REDEVELOPMENT AGENCY TO IMPLEMENT THE REDEVELOPMENT PLAN PURSUANT TO THE REDEVELOPMENT POWERS LAW; AND FOR OTHER PURPOSES. WHEREAS, O.C.G.A. §36-44-1, et seq., is known and may be cited as the Redevelopment Powers Law; and WHEREAS, the Redevelopment Powers Law (O.C.G.A. §36-44-1, et seq.) provides for the exercise of redevelopment powers, the adoption of redevelopment plans, and the creation tax allocation districts by counties and municipalities in the State of Georgia; and WHEREAS, the purpose of the Redevelopment Powers Law is to improve economic and social conditions within substantially underutilized, as well as economically and socially depressed urban areas that contribute to or cause unemployment, limit the tax resources of counties, municipalities and consolidated governments while creating a greater demand for governmental services, have a deleterious effect upon the public health, safety, morals and welfare, and impair or arrest the sound growth of the community; and WHEREAS, pursuant to House Bill 773 (2006 GA. LAWS p. 4507, et seq.) as approved by a majority of the voters in a referendum held on November 7, 2006, Augusta-Richmond County is authorized to exercise the redevelopment powers as delineated by the Redevelopment Powers Law; and WHEREAS, it is in the public interest of Augusta-Richmond County that the Redevelopment Powers Law be exercised to improve economic and social conditions of the Augusta-Richmond County Redevelopment Area in order to abate or eliminate deleterious effects of its current depressed and underutilized state; and Attachment number 1 Page 1 of 4 Item # 10 2 ATLANTA:5038456.1 WHEREAS, the Augusta-Richmond County Commission finds that the Augusta Redevelopment Area suffers from blighted parcels and underdeveloped land characteristics that contribute to or cause unemployment, limit the tax resources of Augusta-Richmond County while creating a greater demand for government services, and in general has a deleterious effect on the public health, safety, and welfare; and WHEREAS, the Augusta-Richmond County Commission finds that the Redevelopment Area is substantially underutilized by containing a substantial number of open or vacant parcels and structures and buildings of relatively low value compared to the value of other structures and buildings in the vicinity and that the current condition of the area is less desirable than the redevelopment of the area for new commercial, residential, governmental and other uses; and WHEREAS, adoption of the Augusta-Richmond County Redevelopment Plan and creation of Tax Allocation District Number One - Augusta is necessary to redevelop and revitalize these area through the use of targeted financing and public/private partnerships; and WHEREAS, the Augusta-Richmond County Commission has specifically identified neighborhoods in the West Augusta, Downtown, Old City, East Augusta and South Augusta areas as specifically in need of a targeted plan of redevelopment and revitalization; and WHEREAS, the Augusta TAD can provide incentives and funding to catalyze redevelopment of these identified TAD nodes; and WHEREAS, it is in the public interest of Augusta-Richmond County that the Redevelopment Powers Law be exercised to improve the economic and social conditions of the Augusta Redevelopment Area in order to remedy the detrimental effects of its current depressed and underutilized state; and WHEREAS, a Redevelopment Plan has been prepared for the Augusta-Richmond County Redevelopment Area in accordance with O.C.G.A. §36-44-3(9); and WHEREAS, the Commission has held a public hearing on the Redevelopment Plan and TAD Resolution as required by the Redevelopment Powers Law; and WHEREAS, the Augusta-Richmond County Commission now desires to adopt the Augusta-Richmond County Redevelopment Plan and create Tax Allocation District Number One-- Augusta NOW, THEREFORE, THE BOARD OF COMMISSIONERS OF AUGUSTA- RICHMOND COUNTY, GEORGIA HEREBY RESOLVES AND BY THE AUTHORITY OF SAME IT IS HEREBY RESOLVED AS FOLLOWS: Section 1. The Augusta-Richmond County Commission finds and declares that the Augusta-Richmond County Redevelopment Area has not been subject to growth and development through private enterprise and would not reasonably be anticipated to be developed without the approval of the Augusta-Richmond County Redevelopment Plan (hereinafter “Redevelopment Plan”). Attachment number 1 Page 2 of 4 Item # 10 3 ATLANTA:5038456.1 Section 2. The Augusta-Richmond County Commission finds and declares that improvement of the Augusta-Richmond County Redevelopment Area, as defined in the Redevelopment Plan, is likely to enhance the value of a substantial portion of other real property in the district. Section 3. The Augusta-Richmond County Commission adopts and incorporates herein by reference the Redevelopment Plan, attached as Exhibit “A,” as the Redevelopment Plan for the aforesaid area pursuant to the Redevelopment Powers Law. Section 4. Augusta-Richmond County creates Tax Allocation District Number One-- Augusta pursuant to the Redevelopment Plan and the Redevelopment Powers Law. Section 5. The Augusta-Richmond County Tax Allocation District Number One-- Augusta is hereby created as of December 31, 2008, and shall continue in existence until all redevelopment costs, including financing costs and debt service on tax allocation bonds, are paid in full. Section 6. Augusta-Richmond County hereby establishes the estimated Tax Allocation Increment Base of $___________________________ for the Augusta-Richmond County Tax Allocation District Number One-- Augusta. The real property taxes to be used for computing tax allocation increments are specified in the attached Redevelopment Plan and incorporated herein by reference. Section 7. The Augusta-Richmond County Commission hereby designates the Development Authority of Richmond County as its redevelopment agency to exercise redevelopment powers as necessary to implement the provisions of the Redevelopment Plan and effectuate the redevelopment of the Augusta-Richmond County Redevelopment Area, in accordance with O.C.G.A. §36-44-3(6). Section 8. The Augusta-Richmond County Commission hereby expresses its intent to authorize issuance of tax allocation bonds and/or obtain commercial bank financing and to use the proceeds of any tax allocation bonds or financing for any and all eligible uses including, without limitation, costs of issuance of the tax allocation bonds or commercial financing; capital costs of public and private improvements, including but not limited to greenspace, parks and trails; streets, traffic control devices, bridges and parking facilities; utilities, drinking water, storm and sanitary sewers; sidewalks, lighting and streetscapes; restoration of historic facilities; environmental remediation; professional services costs, including fees for architectural, legal, engineering and environmental services; real estate assembly; and such other uses deemed necessary pursuant to provisions of the Redevelopment Plan and the Redevelopment Powers Law, as it has been or hereafter may be amended. Section 9. The property proposed to be pledged for payment or as security for payment of tax allocation bonds will include the positive ad valorem tax allocation increments from ad valorem taxes levied on all taxable real property within the boundaries of Tax Allocation District Number One-- Augusta. Attachment number 1 Page 3 of 4 Item # 10 4 ATLANTA:5038456.1 Section 10. The Augusta-Richmond County Commission hereby instructs and authorizes the Tax Commissioner, Tax Assessor and Finance Director to take all appropriate measures to identify tax parcels within the Augusta TAD upon the tax digest, to allocate all positive tax allocation increments, and to establish a Special Fund for the accrual of tax allocation increments as provided by the Redevelopment Powers Law, as it has been or hereafter may be amended. Section 11. All resolutions and parts of resolutions in conflict with this resolution are hereby repealed to the extent of such conflict. Adopted and approved by the Commission of Augusta-Richmond County, Georgia this ___ day of September, 2008. Attachment number 1 Page 4 of 4 Item # 10