The URL can be used to link to this page

Home My WebLink AboutItem 4Memorandum To: Mayor and City Council Justin Miller, City Administrator From: John Hennen, Parks & Recreation Director Jerilyn Erickson, Finance Director Date: June 19, 2018 Subject: Park Bond Referendum Background BACKGROUND At the May 29th City Council Work Session, the Mayor and City Council discussed the Antlers Park Master Plan implementation process. At that meeting, the Mayor and City Council also briefly discussed other proposed significant park projects including; the development of Avonlea Community Park, East Community Park and the construction of a sports dome. The Council directed Staff to develop bond referendum timeline scenarios and tax impact analysis for consideration which would include the aforementioned park projects. ESTIMATED PROJECT COSTS As the Mayor and City Council are aware, Staff worked with a consultant last year developing a Master Plan for Antlers Park. The estimated cost to construct the Antlers Park Master Plan is $7.5 million. The master planning process for Avonlea Community Park and East Community Park has not yet been completed, however, funds have been budgeted to complete this process. Although the Master Plans have not been completed for Avonlea and East Community Parks, Staff is estimating the cost of these projects as follows: 1.Antlers Park Construction $7.5 million 2.Avonlea Community Park a.Concept A (Includes a dome) $15,400,000 b.Concept B-1 (without a dome) $11,550,000 3.East Community Park $5 million 4.Dome Facility at Hasse Arena $5 million 5.Improvements to Ames Arena and parking lot $5 million FINANCIAL IMPACT The following scenarios reflect various combinations of parks projects: 1.Antlers/Avonlea without dome ($19,050,000) 2.Antlers/Avonlea with dome ($22,900,000) 3.Antlers/Avonlea without dome/East ($24,050,000) 4.Antlers/Avonlea with dome/East ($27,900,000) 5.Antlers/Avonlea without dome/East/Hasse dome ($29,050,000) 6.Antlers/Avonlea without dome/Hasse dome ($24,050,000) 7.Antlers/Avonlea without dome/East/Hasse dome/Ames improvements ($34,050,000) 8.Antlers/Avonlea without dome/Hasse dome/Ames improvements ($29,050,000) Exhibit "A" shows the estimated financial impact of each of the above scenarios on residential homesteaded properties valued from $200,000 to $1,000,000 including the median valued home ($307,100 for payable 2019). Also shown is the estimated impact on commercial/industrial properties valued between $500,000 and $10,000,000. The calculations were prepared by Springsted, Inc. Realistically, the projects would not be completed all at the same time but rather over the course of 3-5 years or a period of time determined by the Council. Per bond counsel, Dorsey & Whitney, the City could issue bonds multiple times using the same authority from the voter referendum. The numbers shown above do not reflect other funding sources such as Park Dedication Funds, school district, athletic organizations, etc. As part of the "Engage Interest Groups" task below, the City would want to seek "preliminary approving resolutions" from the school district, letters of intent from athletic organizations, etc. in advance of the referendum so this commitment could be included in the "facts" of the referendum. TIMELINE SCENARIOS FOR BOND REFERENDUM Special Elections (Park Bond Referendum) can be held on the second Tuesday in February, April, May and August and the first Tuesday after the first Monday in November. The following are three Special Election dates scenarios: Scenario #1 – May 14, 2019 Special Election Scenario #2 – August 13, 2019 Special Election Scenario #3 – November 5, 2019 Special Election July – Dec 2018 Master planning process for East and Avonlea Community Parks July – Dec 2018 Master planning process for East and Avonlea Community Parks July – Dec 2018 Master planning process for East and Avonlea Community Parks Oct – Dec 2018 Engage interest groups Oct 2018 – Jan 2019 Engage interest groups Nov 2018 – March 2019 Engage interest groups Jan – March 2019 Educate public on Bond Referendum Feb – Aug 2019 Educate public on Bond Referendum Feb – Oct 2019 Educate public on Bond Referendum Feb 19, 2019 City Council considers resolution calling for Special Election March 18, 2019 City Council considers resolution calling for Special Election April 15, 2019 City Council considers resolution calling No later than February 28, 2019 City Clerk provides written notice to (1) County Auditor and (2) Secretary of State regarding election No later than May 30, 2019 City Clerk provides written notice to (1) County Auditor and (2) Secretary of State regarding election No later than August 22, 2019 City Clerk provides written notice to (1) County Auditor and (2) Secretary of State regarding election May 14, 2019 Special Election for Park Bond Referendum August 13, 2019 Special Election for Park Bond Referendum November 5, 2019 Special Election for Park Bond Referendum June – Nov 2019 If referendum approved, completion of plans and specifications Sept – Dec 2019 If referendum approved, completion of plans and specifications Nov 2019 – April 2020 If referendum approved, completion of plans and specifications Dec 2019 Bid opening Jan – Feb 2020 Bid opening May 2020 Bid opening Spring 2020 Construction commences Spring 2020 Construction commences Summer 2020 Construction commences ADDITIONAL CONSIDERATIONS If the City were to lease the dome to a private company to run the operations, this would impact the tax-exempt status of the bonds. Bond counsel would need to review the alternatives available. COUNCIL DIRECTION Staff is seeking direction from the Mayor and City Council on what next steps you would like to see and if you have any additional questions. ANTLERS PARK Preliminary Master Plan 50 SCALE IN FEET 250 100Lakeville, Minnesota 10/19/17 | 02686-040 K:\02686-040\Cad\Exhibits\02686-040 Prelim MP113 STALLS 58 STALLS FOCAL ELEMENTS 129 STALLS PARK SIGNRINSE-OFF SHOWERS VOLLEYBALL (5)VOLLEYBALL (2) 202nd ST W 201st ST W IPAVA AVEKEY LEGEND SWIMMING AREA FISHING PIER BOAT BEACHING AREA SHORELINE PROTECTION OPEN LAWN FUTURE LAKE MARION GREENWAY TRAIL REALIGNED PARKING ENTRANCE / EXITA PARKING (300 TOTAL STALLS)B B B B O A MOTORCYCLE PARKINGC TRAILSD REGIONAL TRAIL HEAD • Kiosk/Maps • Monument Sign • Fix-it Station • Water Fountain E BIKE RACKF REGIONAL CROSSWALK / TRAIL CONNECTIONG HISTORIC GRAND PROMENADE DRIVE & DROP OFFH FOOD TRUCK AND EXHIBIT SPACEI STORMWATER & NATURALIZED AREAS J CENTRAL PLAZA • Historic Location of Dance Pavilion • Historical Displays • Restroom/Changing Room Building • Concessions/Meeting Room/Storage • Framed View of Lake • Seating Patio • Community Fire Pit • Arbors with Seating K CHILDREN’S PLAYGROUND WITH SEATINGL ORNAMENTAL SPLASH PAD WITH FOUNTAIN • Ground Sprays • Lighted at Night • Or namental Fence M ARBORSN SHADE SAILS & TABLESO PAD FOR RENTALSP S PAVILION STRUCTUREQ STANDARD PICNIC SHELTERR SMALL GROUP SHELTERS ADVENTURE / CHALLENGE AREA T LARGE GROUP SHELTERU LAWN GAMESV P T Q SR R R V O L M N L K J J J J J I F F F U H G E D D D D D C Project No. 116621Date: May 22, 2018Avonlea Community ParkCity of Lakeville Concept AStormwater TreatmentParking Area (158 Stalls)360 x 225Splash Pad(4,000 SF)Amphitheater with BandshellPlay Area (8,000-10,000 SF)Hamburg AvenueCedar AvenueSkate Park with Parking(48 Stalls)Restroom/Changing Rooms/StorageBuilding360 x 225360 x 225360 x 225360 x 225360 x 225Parking Area(149 Stalls)6:1 Slope to South Edge of FieldsStormwater TreatmentStormwater TreatmentField Grading Note:All Fields Drain North at 1.5% Slope.Sports Dome with Parking Area(114 Stalls)185th Street40’ Picnic Shelter Project No. 116621Date: May 22, 2018Avonlea Community ParkCity of Lakeville Concept B-1Stormwater TreatmentBaseball Field(330 x 380 x 330)with Dugouts and BullpensAmphitheater with BandshellHamburg AvenueCedar AvenueSkate Park360 x 225360 x 225360 x 225360 x 225Parking Area(96 Stalls)6:1 Slope to South Edge of FieldsStormwater TreatmentStormwater TreatmentField Grading Note:All Fields Drain North at 1.5% Slope.185th Street360 x 225Splash Pad(4,000 SF)Play Area (8,000-10,000 SF)40’ Picnic ShelterRestroom/Changing Rooms/StorageBuildingParking Area (207 Stalls)Parking Area(87 Stalls)Staging/Warm-up Area for Soccer Fields