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HomeMy WebLinkAboutRes 1020 RESOLUTION NO. 1020 A RESOLUTION CALLING AND PROVIDING FOR THE GIVING OF NOTICE OF A PUBLIC HEARING ON THE ADVISABILITY OF CREATING A COMMUNITY IMPROVEMENT DISTRICT IN THE CITY OF MISSION, KANSAS TO BE KNOWN AS THE ROELAND COURT TOWNHOMES COMMUNITY IMPROVEMENT DISTRICT AND REGARDING THE CITY'S INTENT TO ISSUE GENERAL OBLIGATION BONDS AND LEVY SPECIAL ASSESSMENTS WITHIN SUCH DISTRICT. WHEREAS, K.S.A. 12 -6a26 et seq. (the "Act authorizes the governing body of any city or county to create community improvement districts to fmance projects within such defined area of the city or county and to levy a community improvement district sales tax and/or levy special assessments upon property within the district to fmance projects, and under certain circumstances issue full faith and credit bonds; and WHEREAS, a petition (the "Petition was filed with the City Clerk on February 11, 2019, proposing the creation of the Roeland Court Townhomes Community Improvement District (the "CID under the Act, and the levying of community improvement district special assessments and the issuance of general obligation bonds in order to pay the costs of Project (defined herein); and WHEREAS, the Petition was signed by the owners of more than 55% of the land area within the CID and the owners collectively owning more than 55% by assessed value of the land area within the CID, as required by the Act; and WHEREAS, the City of Mission, Kansas (the "City") intends to create the CID and finance all or a portion of the Project by issuing general obligation bonds repayable in part by special assessments to be levied on the real property located in the CID (the "Special Assessments all as requested in the Petition; and WHEREAS, the Governing Body hereby fmds and determines it to be necessary to direct and order a public hearing on the advisability of creating the CID, approving the Project described herein, levying the Special Assessments, and issuing general obligations bonds to fmance the Project, all pursuant to the authority of the Act; and further to provide for the giving of notice of said hearing in the manner required by the Act. NOW, THEREFORE, BE IT RESOLVED BY THE GOVERNING BODY OF THE CITY OF MISSION, KANSAS, AS FOLLOWS: SECTION 1. Petition. The Governing Body hereby fmds and determines that the Petition meets the requirements of the Act. SECTION 2. Public Hearing. It is hereby authorized, ordered and directed that the Governing Body shall hold a public hearing, in accordance with the provisions of the Act, on the advisability of creating the CID, approving the Project, the levying of the Special Assessments and issuance of general obligation bonds, and such other matters related thereto, such public hearing to be held on March 20, 2019 at 7:00 p.m., or as soon therafter as the matter can be heard, at City Hall, 6090 Woodson, Mission, Kansas. SECTION 3. General Nature of the Project. The Roeland Court Townhomes are generally located northwest of the intersection of West 60 Terrace and Roeland Drive in Mission, Kansas. Roeland Court is a collection of twenty (20) townhomes with garages and parking in the back of the units. The project is to restore the parking and common areas shared by the Roeland Court Homes Association and its various members and to make improvements to the adjacent creek channel (the "Project The general description of the Project, estimated schedule and the estimated costs of the Project are set forth on Exhibit C attached hereto and incorporated by reference herein. SECTION 4. Estimated Cost. The estimated cost of the proposed Project is $5,255,737. The City's portion of such costs is $4,854,928, and the CID's portion of such costs is $400,809 (the "CID Portion SECTION 5. Method of Financing. The costs of the proposed Project will be fmanced by through the issuance of full faith and credit obligation bonds and/or other available funds of the City. The city will pay all financing costs for the Project. The total aggregate amount of the Special Assessments will not exceed $20,040 per lot, excluding the common area, or $911 annual assessment per lot over 22 years. The method of assessment for the Special Assessments will be equally per lot located within the CID, excluding the common area. The maximum amount to be paid by Special Assessments for the Project will be limited to the CID Portion. No community improvement district sales tax will be levied for the Project. SECTION 6. Map and Legal Description of Proposed CID. The legal description of the property to be contained in the proposed CID is set forth on Exhibit A attached hereto and incorporated by reference herein. A map generally outlining the boundaries of the proposed CID is attached as Exhibit B hereto, and incorporated by reference herein. SECTION 7. Notice of Hearing. The City Clerk is hereby authorized, ordered and directed to give notice of said public hearing by publication of this Resolution in the official newspaper. Such publication shall be at least once each week for two consecutive weeks. The second publication shall be at least 7 days prior to the date of the hearing. The City Clerk is hereby further ordered and directed to mail a copy of this Resolution, via certified mail, to all property owners within such proposed CID at least 10 days prior to the date of the hearing. SECTION 8. Reimbursement. The City expects to make capital expenditures after the date of this Resolution in connection with the Projects, and the City intends to reimburse itself for such expenditures with the proceeds of obligations in the maximum principal amount of $5,255,737. SECTION 9. Effective Date. This Resolution shall take effect and be in full force immediately after its adoption by the Goveming Body of the City. ADOPTED on February 20, 2019. BY: I1 Ron.ld E. Appletoft, ayor [SEA,] B y 1..-L Martha Sumrall, City Clerk EXHIBIT A LEGAL DESCRIPTION OF PROPOSED ROELAND COURT TOWNHOMES COMMUNITY IMPROVEMENT DISTRICT Lots 1 through 5, inclusive, Block 1; Lots 1 through 5, inclusive, Block 2; Lots 1 through 5, inclusive, Block 3; and Lots 1 through 5, inclusive, Block 4, ROELAND COURT, a subdivision in the City of Mission, Johnson County, Kansas. And The "Common Ground" as shown on the Plat of ROELAND COURT, a subdivision in the City of Mission, Johnson County, Kansas, which Plat was recorded on the 25 day of November, 1986 in the Office of the Register of Deeds of Johnson County, Kansas in Plat Book 64, at Page 26. EXHIBIT B MAP OF PROPOSED ROELAND COURT TOWNHOMES COMMUNITY IMPROVEMENT DISTRICT The following property located in the City of Mission, Johnson County, Kansas: 61 .1 aat� 1 1 1y Rs 1 l toff t 1 1� i 50179 o f 'r 1 t 1 v 1 O r:7 4, 6 at R` '7E4 •1995 oo A KP379ro000 0099 Y V? \:4,,,,,•. '4,� 4,„ 500D 5 KP37500003 0040 t 023 t 21,011:9 ft KP OCdO(b0lkA„ t J i �l l�ll M V T If fix\ t 14 A A w 111 I d. i.x. 4t, n r Jl/ C yy i sr ��4 EXHIBIT C SMP RC06 -022 Rock Creek and Roeland Court Townhomes Site Improvements Potential Costs based on SMP Alternative 2 and Concept Site Design City of Mission Project City of Mission HOA Item Description Quantity Unit Unit Cost Cost Percentage Cost Percentage Cost Mobilization 1 LS $200,000 $200,000 90% $180,000 10% $20,000 Construction Staking 1 LS $17,500 $17,500 93% $16,250 7% $1,250 Traffic Control 1 LS $4,000 $4,000 69% $2,750 31% $1,250 Gravel Construction Entrance 4 Ea $1,580 $6,320 75% $4,737 25% $1,583 Remove Store Concrete Barrier 10 Ea $490 $4,900 0% $0 100% $4,900 4' Temporary Fencing 1000 LF $4 $4,000 65% $2,600 35% $1,400 Vegetation Clearing and Grubbing 64000 SF $2 $128,000 88% $112,000 13% $16,000 Remove Dispose 8" Asphalt 18000 SF $4 $72,000 83% $60,000 17% $12,000 Remove Dispose Flumes, Curbs and Sidewalk 441 SF $1 $441 0% $0 100% $441 Excavation and Haul Off Unsuitable Sot 8185 CY $55 $450,188 89% $398,949 11% $51,239 Raise Building on 60th Terrace 1 LS $67,000 $67,000 100% $67,000 0% $0 4" Underdrain 4000 LF $10 $40,000 94% $37,500 6% $2,500 Granular Backfill 7768 CY $52 $403,953 100% $403,953 0% $0 Biaxial Geogrid 13000 SY $5 $65,000 100% $65,000 0% $0 Big Block Retaining Wall 18000 SFF $70 $1,260,000 100% $1,260,000 0% $0 Concrete Cantilever Retaining Wall 4700 SFF $155 $728,500 100% $728,500 0% $0 HeavyRiprap 300 CY $115 $34,538 100% $34,538 0% $0 Compaction of Imported Fills 694 CY $60 $41,667 40% $16,667 60% $25,000 Concrete Flume 174 SF $12 $2,088 0% $0 100% $2,088 Concrete Curb and Gutter 726 LF $24 $17,424 51% $8.880 49% $8,544 12" AB -3 Pavement Subqrade 861 SY $24 $20,661 0% $0 100% $20,661 6" Asphalt Base 3308 SY $24 $79,389 60% $47,976 40% $31,413 2" Asphalt Surface 4956 SY $11 $54,512 40% $21,989 60% $32,523 2" Asphalt Milling 1520 SY $10 $15,200 0% $0 100% $15,200 5' Concrete Sidewalk 225 SF $6 $1,350 50% $675 50% $675 Reset Landscaping Blocks 60 SFF $45 $2,700 0% $0 100% $2,700 6' Wood Fence 310 LF $25 $7,750 0% $0 100% $7,750 12" Imported Topsoil 1100 CY $50 $54,985 87% $47,726 13% $7,259 Mulching Seeding 50000 SF $2 $100,000 92% $92,400 8% $7,600 8" Straw Waddles 1000 LF $11 $11,000 90% $9,900 10% $1,100 2" Caliper Landscaping Tree 20 Ea $400 $8,000 0% $0 100% $8,000 Construction Subtotal $3,903,068 93% $3,619,991 7% $283,077 Survey, Engineering and Permitting Services 9% $346,468 88% $306,100 12% $40,368 GeotechnicalServices 3% $115,500 82% $94,300 18% $21,200 Construction Observation Services 6% $232,532 92% $214,100 8% $18,432 Consultant Services Subtotal $694,500 88% $614,500 12% $80,000 60th Terrace Property Purchase with Expenses $180,375 100% $180,375 0% $0 Contingency 10% $477,794 92% $440,062 8% $37,732 TOTAL POTENTIAL COST $5,255,737 92% $4,854,928 8% $400,809 Cooperative Cost Share Estimate HOA Special Assessment Estimate per Unit 20 Ea 20,040 HOA Special Assessment Estimate per Year 22 Ea Financing charges, if any, are not included 911 1 of 1