Loading...
HomeMy WebLinkAboutPropose Capital Improvement PlanProposed Campital Improvement Plan Fiscal Years 2012-2017 This page left intentionally blank. 3 Table of Contents Executive Summary ................................................................................................................................ 6 Introduction ............................................................................................................................................ 9 What is the Process for Developing the CIP? ................................................................................... 10 Capital Assets by Category ............................................................................................................... 11 Funding Considerations .................................................................................................................... 12 Sources of Funding ........................................................................................................................... 12 How Inflation Impacts the CIP .......................................................................................................... 12 Conclusions ....................................................................................................................................... 14 Capital Improvement Plan .................................................................................................................... 15 Recently Completed Projects ........................................................................................................... 16 Current Project Update by Category ................................................................................................ 16 Transportation .............................................................................................................................. 16 Utilities ......................................................................................................................................... 17 Parks & Recreation ....................................................................................................................... 18 Vehicles & Equipment .......................................................................................................................... 19 Parks & Recreation ............................................................................................................................... 20 Funded Projects ................................................................................................................................ 20 Trail – 114/Solana ............................................................................................................................. 20 Trail - WA to Vaquero Underpass ..................................................................................................... 20 Unfunded Projects ............................................................................................................................ 20 Cemetery Improvements.................................................................................................................. 21 Park Improvements .......................................................................................................................... 21 Trail – Aspen Ln. Connection Project ............................................................................................... 21 Trail – WA to Cemetery .................................................................................................................... 21 Trail – Westlake Parkway ................................................................................................................. 21 Public Facilities ..................................................................................................................................... 29 Unfunded Projects ............................................................................................................................ 29 Westlake Academy Expansion .......................................................................................................... 29 Westlake Administration & Civic Center .......................................................................................... 29 Fire Station ....................................................................................................................................... 29 WA – Cover Existing Walkway .......................................................................................................... 29 4 WA – W. Parking Improvements ...................................................................................................... 30 Transportation ..................................................................................................................................... 36 Funded Projects ............................................................................................................................... 36 FM 1938 Streetscape/Wayfinding ............................................................................................... 36 JT Ottinger / Dove Intersection & Remaining Improvements ..................................................... 36 Street Survey ................................................................................................................................ 37 SH 114/Hwy 170 Enhancements .................................................................................................. 37 Stagecoach Hills Street Reconstruction & Drainage .................................................................... 37 North Roanoke Road Reconstruction & Drainage (Hwy 170 North to Town Limits) ................... 37 S. Roanoke Road Reconstruction & Drainage .............................................................................. 37 Sam School Road Reconstruction & Drainage ............................................................................. 37 E. Dove Road Reconstruction & Drainage ................................................................................... 37 Dove/Ottinger Landscaping ......................................................................................................... 37 Creek Crossing & Dove/Pearson Intersection .............................................................................. 37 Unfunded Projects ........................................................................................................................... 38 Dove & Randol Mill Traffic Circle ................................................................................................. 38 J.T. Ottinger Rd. N. of WA ............................................................................................................ 38 Wyck Hill Resurface ..................................................................................................................... 38 Pearson Lane ................................................................................................................................ 38 Utilities ................................................................................................................................................. 56 Funded Projects ............................................................................................................................... 56 TRA Assumption of N1 Sewer Line ............................................................................................... 56 N-1 Sewer Line Transfer I & I ....................................................................................................... 56 Stagecoach Hills Waterline Connection ....................................................................................... 56 Ground Storage Tank ................................................................................................................... 56 Works Cited .......................................................................................................................................... 62 Figures Figure 1 - Funding History for Capital Projects by Source: 2004-2012 .................................................. 6 Figure 2– All Funded Capital Projects By Funding Source ..................................................................... 7 Figure 3– All UnFunded Capital Projects By Funding Source ................................................................. 8 Figure 4 - Capital Improvement Plan Model (Elmer, 2006) ................................................................. 10 Figure 5– Capital Assets by Major Category ........................................................................................ 11 Figure 6 - Municipal Cost Index (1990 - 2011) ..................................................................................... 12 Figure 7 - Municipal Cost Index - 12 mo. Average % Change .............................................................. 13 5 Figure 8 - Municipal Cost Index Analysis .............................................................................................. 13 Figure 9 - Funded CIP 2002 - 2012 ....................................................................................................... 15 Figure 10 - Facilities Assets: Percentage of Total ................................................................................. 30 Figure 11- Transportation Assets: Percentage of Total ........................................................................ 38 Figure 12 - Pavement Condition Over Time (Lazarus, 2007) ................................................................ 39 Figure 13 - Utility Assets: Percentage of Total ..................................................................................... 57Tables Table 1 - CIP Funding Sources for Funded Projects ................................................................................ 6 Table 2 -Vehicle & Equipment Replacement Values & Depreciation (original audited values - adjusted for inflation) .......................................................................................................................................... 19 Table 3 - Facilities Current Replacement Value (original audited values - adjusted for inflation) ....... 30 Table 4 - Transportation Asset Values & Depreciation (original audited values - inflation-adjusted) . 38 Table 5 - Utility Asset Values & Depreciation (original audited value - inflation-adjusted) ................. 57 6 Executive Summary The 2012-2017 Capital Improvement Plan (CIP) like its predecessors, is designed to present the Town Council and community with a view of the capital projects that are needed over the next five years. The proposed projects emphasize the preservation and maintenance of the Town’s infrastructure and assets including water and sewer mains, streets, parks and trails, and facilities. In addition to the proposed projects, this Capital Improvement Plan provides extensive analysis of current and future capital needs including a discussion of the planning process and funding options as well as a primer on capital infrastructure maintenance. The following Capital Improvement Plan outlines 40 projects totaling $43.6M over the next five years. Table 1- CIP Funding Sources for Funded Projects FY 11-12 FY 12-13 FY 13-14 FY 14-15 FY 15-16 FY 16-17 TOTALS Contributions/Grants 2,121,261$ 1,842,334$ 172,000$ -$ -$ -$ 4,135,595$ Governmental Funds 1,195,155 1,826,223 567,100 253,100 - - 3,841,578 Governmental Bonds 800,886 1,377,760 773,955 740,185 - - 3,692,786 Utility Fund 655,531 655,531 Utility Bonds 1,520,489 - - - - 1,520,489 Grand Totals 4,772,832$ 6,566,806$ 1,513,055$ 993,285$ -$ -$ 13,845,979$ The funded projects utilize a number of sources including: Capital Projects Fund balance, Certificates of Obligation (bonds), Utility Fund balance, public grants and contributions. The Town of Westlake recently issued $2,095,000 in Certificates of Obligation and anticipates an issuance of $2,040,000 in FY 13-14 per the current CIP. Figure 1 - Funding History for Capital Projects by Source: 2004-2012 333 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 Governmental Funds CO Bonds GO Bonds Utility Fund Contributions Funding History for Capital Projects by Source: 2004-2012 7 Figure 2– All Funded Capital Projects By Funding Source Pg #Proj#DESCRIPTION Project to Date FY 11-12 FY 12-13 FY 13-14 FY 14-15 FY 15-16 FY 16-17 TOTALS GENERAL GOVERNMENTAL PROJECTS 40 CP20 FM 1938 Streetscape/Wayfinding 592,877$ 1,155,155$ 1,006,923$ 567,100$ 253,100$ -$ -$ 3,575,155$ 41 CP25 J.T. Ottinger/Dove Intersection & Remaining Improvements 3,940 28,764 1,343,660 - - - - 1,376,364 42 CP28 Streets Survey 29,355 50,645 - - - - - 80,000 43 CP30 SH 114/Hwy 170 Enhancements 7,500 - 400,400 336,000 336,000 - - 1,079,900 44 CP31 Stagecoach Hills Street Reconstruction & Drainage 7,220 491,680 - - - - - 498,900 45 CP32 Roanoke Road Reconstruction & Drainage (N of 170)3,347 192,443 - - - - - 195,790 46 CP34 Roanoke Road Reconstruction & Drainage (170-DC)2,900 - 453,000 - - - - 455,900 47 CP40 Sam School Road Reconstruction & Drainage - - - 216,000 - - - 216,000 48 CP41 E. Dove Road Reconstruction & Drainage (Vaq - TB)800 - - 221,955 404,185 - - 626,940 22 CP42 Trail Connection at 114/Solana - 15,000 - - - - - 15,000 52 CP 44 Dove & Randol Mill Traffic Circle - 15,000 - - - - - 15,000 N/A CP 45 Funding for Misc. Expenses related to Contribution-Funded Projects 5,300 7,354 - - - - - 12,654 51 WA North Driveway Lighting 40,000 40,000 TOTAL GENERAL GOVERNMENTAL PROJECTS 653,239$ 1,996,041$ 3,203,983$ 1,341,055$ 993,285$ -$ -$ 8,187,603$ UTILITY FUND PROJECTS 58 U30 TRA Assumption of N1 Sewer Line -$ 127,338$ -$ -$ -$ -$ -$ 127,338$ 59 U31 N-1 Sewer Line Transfer I & I Study/Repairs 35,467 86,893 - - - - - 122,360 60 U32-15 Stagecoach Hills waterline connection Phase I 245,324 - - - - - - 245,324 61 U36 Ground Stg tank ($1,558,500) (approx $170K/10 yr)- 77,925 1,520,489 - - - - 1,598,414 62 U37 Stagecoach Hills waterline connection Phase II - 363,375 - - - - - 363,375 TOTAL UTILITY FUND PROJECTS 280,791$ 655,531$ 1,520,489$ -$ -$ -$ -$ 2,456,811$ CONTRIBUTIONS/GRANTS 40 CP20 FM 1938 Streetscape -$ -$ 800,000$ 172,000$ -$ -$ -$ 972,000$ 49 CP 45 Dove/Ottinger Landscaping - 238,400 561,600 - - - - 800,000 50 CP 45 Dove Road Creek Crossing & Dove/Pearson Improvements 120,370 1,412,355 - - - - - 1,532,725 41 Ottinger/Dove Intersection & Remaining Improvements 215,000 314,971 - - - - - 529,971 23 CP 45 Trail Connection (WA to Vaquero trail underpass)- 155,535 480,734 - - - - 636,269 TOTAL PROJECTS USING CONTRIBUTIONS 335,370$ 2,121,261$ 1,842,334$ 172,000$ -$ -$ -$ 4,470,965$ TOTAL FUNDED PROJECTS 1,269,400$ 4,772,832$ 6,566,806$ 1,513,055$ 993,285$ -$ -$ 15,115,379$ 8 Figure 3– All UnFunded Capital Projects By Funding Source UNFUNDED PROJECTS 24 Cemetery Improvements - - - - 63,000 31,800 250,000 344,800 25 Trail - Pearson Ln. (Aspen-Dove) 0.5 miles - - - - 273,600 - - 273,600 26 Trail - Ottinger (WA - Cemetery) 0.25 miles - - - - - - 276,100 276,100 27 Park Improvements - - 174,400 366,380 105,000 106,000 106,000 857,780 28 Trail - Westlake Parkway. (N. of Fidelity to 114) 0.5 miles - - 270,600 - - - - 270,600 31 Westlake Academy - New High School - 31,291 469,359 4,863,258 - - - 5,363,908 31 Westlake Academy - New Middle School - 25,819 387,281 3,855,921 - - - 4,269,020 31 Westlake Academy - New Media Center - 9,317 139,753 858,380 - - - 1,007,450 31 Westlake Academy - New Multi-Purpose Building - 9,826 147,394 1,470,435 - - - 1,627,655 31 Westlake Academy - New Performance Hall - 10,393 155,897 1,311,309 - - - 1,477,599 31 Westlake Academy - Primary School Addition - 9,578 143,671 1,230,275 - - - 1,383,524 32 Westlake Administration & Civic Center - 21,503 322,550 3,142,140 - - - 3,486,193 33 Fire Station - - - - 372,000 4,798,560 - 5,170,560 34 Westlake Academy - Cover Existing Walkway - - - - - 270,275 - 270,275 35 Westlake Academy - West Parking Improvements - - - - 115,500 - - 115,500 52 Dove & Randol Mill Traffic Circle - - 2,019,600 - - - - 2,019,600 53 J.T. Ottinger (North of WA) Reconstruction & Drainage - - - - 556,500 - - 556,500 54 Wyck Hill Resurface - - - - - 52,950 - 52,950 55 Pearson Lane Reconstruction & Drainage - - - - - 370,750 - 370,750 TOTAL UNFUNDED PROJECTS -$ 117,727$ 4,230,503$ 17,098,099$ 1,485,600$ 5,630,335$ 632,100$ 29,194,364$ TOTAL CAPITAL PROJECTS 1,269,400$ 4,890,559$ 10,797,309$ 18,611,155$ 2,478,885$ 5,630,335$ 632,100$ 44,309,743$ 9 Introduction The Town of Westlake Capital Improvement Plan is guided by the Town’s vision, core values and organizational mission. Our vision recognizes the attributes we cherish as a community and sets the standard for the Westlake that we want to see in the tomorrows that are yet to be. Westlake is an oasis of tranquility and natural beauty amidst an ever expanding urban landscape. Westlake’s Community Vision ~ A Sense of Place ~ Vision Points Distinctive neighborhoods, architecturally vibrant corporate campuses, grazing longhorns, soaring red-tailed hawks, meandering roads and trails, lined with natural stone and native oaks. ~ We Are Leaders ~ A premiere place to live, leadership in public education, corporate and governmental partnerships, and high development standards. ~ We Are A Caring Community ~ Informed residents, small town charm and values, historical preservation. ~ Exemplary Governance ~ Town officials, both elected and appointed, exhibit respect, stewardship, vision, and transparency. ~ Service Excellence ~ Public service that is responsive and professional, while balancing efficiency, effectiveness and financial stewardship. Innovation Community Values Educational Leaders Family Friendly and Welcoming Engaged Citizens Preservation of Our Natural Beauty Strong Aesthetic Standards Transparent Government Fiscal Responsibility 10 For this community vision to have meaning, it must be accompanied by deliberate planning that leads the organization and community to its desired future. This requires clearly defined goals, proactive strategies, committed leadership, effective management and above all, the resources to carry out these plans and objectives. What is the Process for Developing the CIP? Capital budgeting may be described as the process used to determine the Town’s long-term infrastructure needs. They are generally broken down on a project basis which describes the scope and total costs associated with the design, construction, operations, and maintenance of the project. The CIP leans heavily upon the Town’s comprehensive and strategic plan. The CIP plays an integral role in the implementation of the Town’s strategic plan, long-term operating budget, and capital budget. The flowchart in Figure 1 outlines how the Town’s comprehensive and strategic plan are essential in successfully creating a capital improvement program. Figure 4 - Capital Improvement Plan Model (Elmer, 2006) 11 Capital Assets by Category When most people think of the Town’s capital assets, they automatically think of the Westlake Academy campus. While the campus is certainly a very important and visible asset owned by the Town, it is but one of many. Included in the assets of the Town are all of the Town’s infrastructure such as its streets, water and sewer mains, vehicles and other equipment. In preparing this year’s CIP, the staff utilized our annual audit and the inflationary trends discussed later to estimate the current value of the Town’s assets. Figure 3 illustrates these values. Utility Improvements 31% Utility Machinery & Equipment 8% Roads & Streets 9% Buildings 45% All Other Improvements 1% Vehicles 2% Furniture, Fixtures, Equipment (FFE) 4% Capital Assets by Major Category Figure 5– Capital Assets by Major Category 12 Funding Considerations In all communities the cost associated with capital projects far outweighs the available resources necessary to pay for them; in short there is not enough money. This requires prioritization of the projects based upon their perceived impact on the community. Due to the vast number of individual desires it is near impossible to satisfy everyone and requires a collaborative effort to create situations where the benefits are shared equitably with community stakeholders. In addition, dedicated revenues will, in most cases, determine which projects get funded. For example, the Utility Fund may only contribute towards capital projects that improve water and wastewater projects. Sources of Funding There are four primary funding sources for capital improvements: revenue sources such as sales, hotel/motel and property taxes (cash funded), state/federal funding through public grants, private funding via developmental impact fees or charitable donations and issuance of bonds. The proposed projects in this CIP rely on bond proceeds and other revenues in the Governmental and Enterprise Funds as well as contributions from corporate partners for funding. The following table illustrates the anticipated funding sources for the funded portion of this CIP: How Inflation Impacts the CIP Inflation is defined as a rise in the price of all goods and services over time. This implies that the purchasing power, or value, of currency will decline in the future relative to costs. Therefore, more money will be required to fund CIP related expenditures and must be accounted for. To measure the impact of inflation, the federal government records current rates and creates indexes to track inflation over time. Similarly, the Municipal Cost Index (MCI) was created by the publication American City & County to illustrate how inflation affects costs specific to municipal service provision, including construction costs. AC&C’s website explains that, “the MCI draws on the monthly statistical data collected by the U.S. Departments of Commerce and Labor as well as independently compiled data to project a composite cost picture for the municipal budget officer or operating department manager. Figure 6 - Municipal Cost Index (1990 - 2011) 100 140 180 220 260 Ja n -90 No v -90 Se p -91 Ju l -92 Ma y -93 Ma r -94 Ja n -95 No v -95 Se p -96 Ju l -97 Ma y -98 Ma r -99 Ja n -00 No v -00 Se p -01 Ju l -02 Ma y -03 Ma r -04 Ja n -05 No v -05 Se p -06 Ju l -07 Ma y -08 Ma r -09 Ja n -10 No v -10 MCI (1990-current) 13 The composite index is adjusted by changes in the cost of materials and supplies, wages and contracted-for services. It is a weighted average of the more detailed price indexes measuring consumer cost fluctuations, industrial commodity wholesale prices, and construction contract costs. Figure 7 - Municipal Cost Index - 12 mo. Average % Change Figure 5 depicts the 12-month rolling average percentage change in the MCI. Notice that a positive slope indicates that the MCI is increasing at an increasing rate, while negative slopes still indicate a positive increase, but at a lesser rate. While no predictor of future changes in the economy is ever certain, a common and reliable method for estimating these changes utilizes the average percentage change over time to estimate future long-term trends. The average percentage change across all years in the MCI is 2.78% (represented by the dark trend line). Figure 8 - Municipal Cost Index Analysis 0.00% 2.00% 4.00% 6.00% 8.00% De c -91 Se p -92 Ju n -93 Ma r -94 De c -94 Se p -95 Ju n -96 Ma r -97 De c -97 Se p -98 Ju n -99 Ma r -00 De c -00 Se p -01 Ju n -02 Ma r -03 De c -03 Se p -04 Ju n -05 Ma r -06 De c -06 Se p -07 Ju n -08 Ma r -09 De c -09 Se p -10 MCI 12 Month Rolling Average of Percent Change 0 1 2 3 4 5 Jan Feb Mar April May June July Aug Sept Oct Nov Dec Recent Percent Change Compared to Average Average 2010 Monthly % Change 2011 Monthly % Change 14 Similar to stock markets which have historically averaged 10% returns, this average is made up of individual fluctuations that vary greatly. Figure 6 above utilizes statistical regression analysis to provide the thresholds for these percentage changes in any given month. In other words, 95% of the time, the average inflation for municipal costs will fall within this range. Like many other similar economic trends, recent months have fallen outside the norm which is typical during a recession or post-recessionary period. This data is important in calculating the Town’s future liability; by utilizing these inflation trends to calculate future capital replacement costs we can determine how ‘waiting’ a year or more impacts the total project cost. Most are aware of the benefits of compounding when it comes to investing. Unfortunately, this same principle works in reverse as inflation causes costs to compound higher over time. Conclusions Capital Improvement Plans play an integral role in helping a municipality reach its stated strategic objectives. Equally important to the capital project development process are funding and economic considerations. Prudent financial stewardship should be based on cost minimization and long-range strategic capital preservation. While there are many methods for funding capital projects, consideration to who benefits from the project, the life of the capital asset and the affordability of the funding method are all important factors to consider. 15 Capital Improvement Plan The five year Capital Improvement Plan for 2012 through 2017 presents the Town’s plan for infrastructure development and improvements. On September 12, 2011, the Town Council adopted the first year of the plan (2011/12) as part of the annual budget process. The remaining five years are recommended as a plan for future town infrastructure development and improvement. The five year Capital Improvement Plan is evaluated annually by the Town leadership to determine the financial availability of resources for design, construction, operations, and maintenance. The following chart provides a graphical comparison of the previous capital improvement plans. Figure 9 - Funded CIP 2002 - 2012 As can be seen from the graphic above, the majority of capital improvements in Westlake have been un-funded. Several of these projects such as the permanent fire station and municipal complex are multi-million dollar projects that have been carried forward since the Academy Complex was established. $0 $5 $10 $15 $20 $25 $30 $35 $40 $45 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Millions Funded Capital Improvement Plans 2002 - 2012 Funded Un-Funded 16 Recently Completed Projects The following projects have been completed within the last year: Mahotea Boone Reconstruction and Drainage – The Mahotea Boone street improvement project was completed in August of 2011, the total project cost approximately $88,000 ($12,000 under budget). Aspen Lane Reconstruction and Drainage – The Aspen Lane street improvement project was completed in August of 2011 at a cost of $214,000 ($2,000 under budget). Deloitte Vehicular Entry – This project created a vehicular entry point on the West side of the Deloitte Campus that connects to Ottinger Road. The project also included overlay and enhancements to Ottinger Rd. approaching the new entry on both the north and south sides. The project was completed in July of 2011at a total cost of $508,000 and was funded by the developer agreement. Westlake Academy New North Drive & Ottinger Rd. Improvements – This project provided lane adjustments/improvements to the north and south vehicular entries on Ottinger Rd. at Westlake Academy. The project was completed in January; the total cost of $763,000 was funded by the Deloitte/Hillwood developer agreement. Westlake Academy Dining Hall Expansion – Due to an increase in the number of students attending the Westlake Academy, the Council authorized the expansion of the current dining hall. The project retrofitted an adjacent classroom to accommodate the room’s use for meals as well as created “flex-space” for use during non-meal periods. The project was completed in the Fall of 2011 at a total cost of $78,000 ($62,000 under budget). Current Project Update by Category The following projects are currently in progress or are scheduled to begin within the next six months: Transportation FM1938 Streetscape Project - The FM1938 streetscape project has been on-going since FY 08/09; the total amount expended this fiscal year will be approximately $1,155,155. A large portion of this amount will go towards the decorative concrete stamping that was recently completed on the finished retaining walls and is underway at each intersection. This project is planned to continue through FY 2013/2014. J.T. Ottinger/Dove Road Intersection & Improvements - The intersection at J.T. Ottinger & Dove Road is currently in the process of being re-designed to improve traffic flow and address safety concerns. This project is part of the Hillwood Developer agreement and will be funded through 17 contributions and bonds. The total cost of the project is estimated at $1.9M; approximately $215k has been spent to date. The project is scheduled for completion in FY 12-13. Street Survey – In FY 10/11 the Town Council approved a street survey project that will provide valuable information regarding the current condition and usage levels on each of our major streets and thoroughfares. The project has cost $30,000 to-date and is estimated to cost an additional $50,000 in FY 11/12. SH 114/Hwy 170 Enhancements - This project is a cooperative effort between Westlake, Trophy Club, and Roanoke consisting of the design and construction of landscape and hardscape improvements to the SH 1170 & 114 interchange to include plantings, painting, and entry monuments. A total of $7,500 was spent in FY 10/11 for engineering-related costs. The project is still in the planning & design stage, total future costs are estimated at approximately $3M; funding participation is anticipated to be 1/3 from each party. Stagecoach Hills Reconstruction & Drainage - This project will provide drainage and road improvements along Stagecoach Hills. The project has an estimated total cost of $499k and is scheduled for completion in FY 11-12. The project is bond-funded. N. Roanoke Rd. Reconstruction & Drainage - This project will provide drainage and road improvements along Roanoke Road North of Hwy 170. The project has an estimated total cost of $196k and is scheduled for completion in FY 11-12. The project is bond-funded. Dove Rd. Creek Crossing and Dove Rd. / N. Pearson Ln. Intersection Improvements – This project will provide major improvements to the creek crossing on Dove between Ottinger Rd. and Pearson Ln. The project will also make lane adjustments and intersection improvements to the intersection at Dove Rd. and N. Pearson Ln. It will also provide infrastructure for a pedestrian trail. The project costs have been estimated by Hillwood and are funded by the developer agreement. This project is estimated at $1.5M and will be completed by January of 2013. Dove/Ottinger Landscaping As part of the recent developer agreement with Hillwood and Deloitte, $800,000 has been allocated for all landscaping pertaining to the Dove Road and Ottinger Road reconstruction projects. These funds will be allocated as necessary as each phase of the project is completed. Dove & Randol Mill Traffic Circle An engineering study is currently underway at the intersection of Dove and Randol Mill that will examine the viability of a traffic circle. The cost of the study has already been approved for funding however, the remainder of the project (currently estimated at $2M) remains unfunded. Utilities TRA Assumption of N-1 Sewer Line – The Town is preparing to transfer the repair and maintenance responsibility of the sewer main to the TRA. As part of the agreement with TRA, the 18 Town must install metering apparatus and other necessary infrastructure at the “in-flow” point. The project is estimated to cost $127,000 with completion scheduled for the Fall of 2012. N-1 Sewer Line Transfer – Inflow & Infiltration Repairs – The Town is preparing to transfer the repair and maintenance responsibility of the sewer main to the TRA. As part of the agreement with TRA, the Town must first conduct repair and maintenance on the existing line; the project has cost $35,000 year-to-date and is estimated to cost an additional $86,000 in FY 11/12 with completion scheduled for Fall of 2012. Stagecoach Hills Waterline Connection – The Town is in the process of completing a major utility enhancement to the Stagecoach Hills subdivision including installation of a 20” water main and repair/replacement of existing water lines. The first phase of the project which has been completed over the past three years has cost a total of $245,000. The second phase will begin in FY 11-12 and is estimated to cost an additional $365,000; the project will be completed by the Fall of 2012. Parks & Recreation Trail – Westlake Academy to Vaquero Underpass – This project is planned for inclusion in the developer agreement that covers Ottinger and Dove road improvements and will be funded and completed simultaneously with these projects per the developer agreement. The current estimated project cost is $640,000. Trail – Intra-city connection project at 114/Solana – This project is a cooperative effort between Westlake, Trophy Club, and Southlake consisting of the design and engineering of an intra- city trail system. Westlake’s portion of the engineering/design costs is estimated at $15,000. Construction and landscaping cost estimates have not yet been completed. Funding participation is anticipated to be 1/3 from each party. 19 Vehicles & Equipment Vehicles and equipment represent approximately 6% of the Town’s assets or roughly $3.4M. While the current CIP does not contain any proposals for vehicle or equipment replacement, it is important to note that of the seven vehicles (including a utility truck) the Town currently owns, three are completely depreciated and three more will become completely depreciated within the next five years. Similarly, of the fourteen FF&E asset groups, eight are currently fully depreciated and the remainder will be within the next five years. Whether or not an asset has been fully depreciated does not by itself warrant the need to replace it, however, depreciation does serve as an indicator that the likelihood the asset will need to be replaced in the near future is fairly high. The Town maintains a General Maintenance & Replacement Fund and is working towards funding annually for any replacement items needed in subsequent years. The estimated FY 11-12 year-end fund balance is $764,000. Table 2 - Vehicle & Equipment Replacement Values & Depreciation (original audited values - adjusted for inflation) Type of Asset Current Replacement Value # of Assets # Fully Depreciated # Depreciating over Next 5 Years Furniture, Fixtures & Equipment (FFE) $2,246,443 14 8 6 Vehicles $1,207,901 6 2 3 20 Parks & Recreation The Parks & Recreation Department is responsible for maintaining the Town’s parks and trails. The Town of Westlake provides residents with one Town park which is located near the Glenwyck subdivision. The Town also maintains several trails located near the Glenwyck and Vaquero subdivisions. While many more trails have been discussed, no funding has been provided in recent years. In recent resident surveys parks and trails have consistently rated as high priority/low satisfaction items suggesting a need for improvement. One of the goals of the current CIP is to begin creating the trails that will provide connectivity from the Town’s West side to its Eastern limits as well as interconnectivity with neighboring jurisdiction’s trail systems. Funded Projects Trail –114/Solana ($15k) Trail –WA to Vaquero Underpass ($640k) Trail – 114/Solana This project is an intra-city effort between Westlake, Trophy Club, and Southlake consisting of the design and engineering of an interconnected trail system that will serve residents of all three communities. The current funding amount allocated will cover the initial design cost. Trail - WA to Vaquero Underpass This project will provide east to west interconnectivity within the Westlake trail system by connecting the Academy to the Vaquero trail where it currently terminates at the underpass on Dove Rd. Unfunded Projects Cemetery Improvements ($345k) Park Improvements ($858k) Trail – Aspen L. Connection Project ($273k) Trail – WA to Cemetery ($276k) Trail – Westlake Parkway ($270k) 21 Cemetery Improvements These improvements will consist of a wrought iron and stone fence on the south side of the property. Also includes section markers, roadways and landscaping. Based on current funding sources, this project will be dependent upon the future sale of plots. Park Improvements Purchase of playground equipment, benches and trail head structures to be located along the current GlenWyck Farms and Terra Bella trail systems. This project would include additional features along FM 1938 trail, i.e. park benches, trash cans, stretching stations, mile markers and way finding signs etc. It also provides a trail head and facilities at the cemetery. Trail – Aspen Ln. Connection Project This project will provide connectivity from the trail that will run along Dove to a new trail along Pearson to the South towards Keller's future trail system. Trail – WA to Cemetery This project will provide a scenic trail from the Academy complex to the Town Cemetery. Trail – Westlake Parkway This trail project will provide pedestrian access from Trophy Club to the Fidelity Campus. The project is designed to connect the existing trail systems North of 114 at Westlake Parkway to the trails and sidewalks on the Fidelity campus. 22 Project P1: 410.42 Trail – 114/Solana Total Project Cost: $ 15,000 Funding Status: This project is a cooperative effort between Westlake, Trophy Club, and Southlake consisting of the design and engineering of an intra-city trail system. The engineering/design costs are estimated at $45,000. Construction and landscaping cost estimates have not yet been completed. Funding participation is anticipated to be 1/3 from each party. Approved Operating Budget Impact: There is minimal impact to operating costs created by these projects in the form of landscape and irrigation. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 1,500 Debt Service $ 0 Funding Sources for This Project: Funding Source Capital Projects Fund $ 15,000 Projected Amount Un-identified $ TBD Project Timeline: Begin Date FY 11-12 Completion Date FY 12-13 23 Project P2: 410.45 Trail – Westlake Academy to Vaquero Underpass Total Project Cost: $ 640,000 Funding Status: This project will provide east to west interconnectivity within the Westlake trail system by connecting the Academy to the Vaquero trail where it currently terminates at the underpass on Dove Rd. The project has been included in the Hillwood developer agreement. Approved Operating Budget Impact: There is minimal impact to operating costs created by these projects in the form of landscape and irrigation. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 1,500 Debt Service $ 0 Funding Sources for This Project: Funding Source Contribution $ 640,000 Projected Amount Project Timeline: Begin Date FY 11-12 Completion Date FY 12-13 24 Project P3: Unassigned Cemetery Improvements Total Project Cost: $ 344,800 Funding Status: This project will emphasize general beautification of the Town cemetery through landscaping and facilities. These improvements will consist of section markers, roadways and landscaping. The project also anticipates construction of a trail head and rest station to accommodate the future Academy/Cemetery trail. Not Approved Operating Budget Impact: There is no additional impact to operating costs created by these projects. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 0 Debt Service $ 0 Funding Sources for This Project: Funding Source Un-identified $ 344,800 Projected Amount Project Timeline: Begin Date FY 14-15 Completion Date FY 16-17 25 Project P4: Unassigned Trail – Aspen Lane Connection Project Total Project Cost: $ 273,600 Funding Status: This project will provide connectivity from the trail that will run along Dove to a new trail along Pearson to the South towards Keller's future trail system. Not Approved Operating Budget Impact: There is minimal impact to operating costs created by these projects in the form of landscape and irrigation. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 12,000 Debt Service $ 0 Funding Sources for This Project: Funding Source Un-identified $ 273,600 Projected Amount Project Timeline: Begin Date FY 14-15 Completion Date FY 14-15 26 Project P5: Unassigned Trail – Westlake Academy to Cemetery Total Project Cost: $ 276,100 Funding Status: This project will install a scenic trail from the Westlake Academy campus to the Town cemetery. Not Approved Operating Budget Impact: There is minimal impact to operating costs created by these projects in the form of landscape and irrigation. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 12,000 Debt Service $ 0 Funding Sources for This Project: Funding Source Un-identified $ 276,100 Projected Amount Project Timeline: Begin Date FY 16-17 Completion Date FY 16-17 27 Project P6: Unassigned Park Improvements Total Project Cost: $ 857,780 Funding Status: This project encompasses the purchase of playground equipment, benches and trail head structures to be located along the current GlenWyck Farms and Terra Bella trail systems. This project would include additional features along FM 1938 trail, i.e. park benches, trash cans, stretching stations, mile markers and way finding signs etc. Park Improvements also include an allocation of approximately $200,000 to create a primitive trail head on the Southeast corner of the cemetery property (primitive parking, restroom and water fountain). Not Approved Operating Budget Impact: There is minimal impact to operating costs created by these projects in the form of landscape, irrigation and maintenance. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 4,000 Debt Service $ 0 Funding Sources for This Project: Funding Source Un-identified $ 857,780 Projected Amount Project Timeline: Begin Date FY 12-13 Completion Date FY 16-17 28 Project P7: Unassigned Trail – Westlake Parkway Total Project Cost: $270,600 Funding Status: This project will install a scenic trail from the Westlake Academy campus to the Town cemetery. Not Approved Operating Budget Impact: There is minimal impact to operating costs created by these projects in the form of landscape and irrigation. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 12,000 Debt Service $ 0 Funding Sources for This Project: Funding Source Un-identified $ 270,600 Projected Amount Project Timeline: Begin Date FY 12-13 Completion Date FY 12-13 29 Public Facilities Currently, The Town of Westlake owns and operates three facilities: the Westlake Academy, the temporary buildings that house our emergency services personnel and equipment, and the Parchment house which is currently being utilized for storage. The Town also leases approximately 12,000 square feet of office space. This Capital Improvement Plan proposes increasing the number of buildings on the Westlake Academy campus as well as providing a new municipal building for staff and community events. The rationale for these proposals is discussed in greater detail in the project detail sheets. Unfunded Projects Westlake Academy Expansion (TBD) Westlake Administration & Civic Center ($3.5M) Fire Station ($5.1M) WA – Cover Existing Walkway ($270k) WA – W. Parking Improvements ($115k) Westlake Academy Expansion The Westlake Academy Administration and Board of Trustees are currently evaluating several campus expansion options. The current facilities option developed by Project Management Services Inc. identifies six separate facilities at an estimated cost of $15.1M. A needs analysis is currently being conducted that will identify and prioritize future facility needs and provide a Master Plan. Westlake Administration & Civic Center This project proposes the construction of a purpose-built municipal administration and civic center. The future building will offer an expanded area for public meetings and the municipal court operations. Fire Station This facility is proposed as a permanent structure to replace the temporary buildings currently utilized by the Town’s emergency personnel. The project will provide a 12,000 square foot fire station including four bays, sleeping area, meeting room, kitchen, storage and two offices. WA – Cover Existing Walkway This project will provide an all-weather covering for the existing walkway from Pod D to the north entrance of the Sam and Margaret Lee Arts & Science Center. 30 WA – W. Parking Improvements This project will bring the Northwest parking area up to code with the Town’s ordinances by creating medians and other improvements. Table 3 - Facilities Current Replacement Value (original audited values - adjusted for inflation) Figure 10 - Facilities Assets: Percentage of Total Type of Asset Current Replacement Value # of Assets # Fully Depreciated # Depreciating over Next 5 Years Buildings $28,068,862 8 0 1 55% 45% All Other Assets Facilities Facility Assets 31 Projects F1-F6: Unassigned Westlake Academy Campus Expansion Total Project Cost: TBD Funding Status: The Town Council is currently evaluating several Academy expansion plans; each plan presents unique facility requirements. A facilities master plan for the Academy Campus is currently being developed; this plan will identify and prioritize each building currently being contemplated and will provide costs and construction time frames for each. Not Approved 32 Project F7: Unassigned Westlake Administration & Civic Center Total Project Cost: $3,486,193 Funding Status: A location for the 12,000 sq. ft. facility has yet to be identified. The building will house the Town’s administrative staff and Municipal Court. The building will also provide flexible meeting space for community events and affiliated groups. Not Approved Operating Budget Impact: This project, as proposed, will cause a short-term increase in the annual operating costs (the difference between the current lease amount and projected operating costs). However, the annual debt service and operations are projected to reach a break-even point within the next ten years and will have a net benefit for the remainder of the life of the building. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 47,000 Debt Service $182,000 Funding Sources for This Project: Funding Source *Bond Proceeds $3,486,193 Projected Amount Governmental Funds $0 * These bonds are backed by property taxes. However, no increase in the current property tax rate is anticipated. As noted above, the annual operating costs are substantially similar to the amount spent on the leased space at Solana. 33 Project F8: Unassigned Fire Station Total Project Cost: $5,170,560 Funding Status: This facility is proposed as a permanent structure to replace the temporary buildings currently utilized by the Town’s emergency personnel. The project will provide a 12,000 square foot fire station including four bays, sleeping area, meeting room, kitchen, storage and two offices. Not Approved Operating Budget Impact: The new facility will require significant operating and debt service funding on an annual basis. A location for the proposed building has yet to be identified. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 50,000 Debt Service $331,500 Funding Sources for This Project: Funding Source *Bond Proceeds $5,170,560 Projected Amount * The proposed bonds would be backed by a property tax pledge. Project Timeline: Design Oct. 2014 – Jan. 2015 Pre-Construction Jan. 2015 – Aug. 2015 Construction Aug.2015 – Jul. 2016 Occupancy August 2016 34 Project F9: Unassigned Westlake Academy – Cover Existing Walkway Total Project Cost: $270,275 Funding Status: This project will provide an all-weather covering for the existing walkway from Pod D to the north entrance of the Sam and Margaret Lee Arts & Science Center. The estimated cost is $270,275 and scheduled completion date is FY 15/16. Not Approved Operating Budget Impact: This project does not have an identified funding source, therefore the full impact to the annual operating budget is unknown (debt service costs must be established). However, on-going maintenance costs for the project will be less than $1,000 annually. Estimated Annual Operating/Debt Service Costs: Operating Costs $1,000 Debt Service $0 Funding Sources for This Project: Funding Source Un-identified $270,275 Projected Amount Project Timeline: Begin Date FY 15-16 Completion Date FY 15-16 35 Project F10: Unassigned Westlake Academy – West Parking Improvements Total Project Cost: $115,500 Funding Status: This project will bring the Northwest parking area up to code with the Town’s ordinances by creating medians and other improvements. Not Approved Operating Budget Impact: The operating impact of this project is minimal; some crack sealing and utility usage will occur on an annual basis. Estimated Annual Operating/Debt Service Costs: Operating Costs $2,500 Debt Service $0 Funding Sources for This Project: Funding Source Un-identified $115,500 Projected Amount Project Timeline: Begin Date FY 14-15 Completion Date FY 14-15 36 Transportation One of the major concerns for any municipality is its infrastructure of streets. With the approval of the previous year’s CIP and accompanying bond issuance, the Council recently addressed many of the most pressing street maintenance concerns in Westlake; this type of commitment is essential to maintain these valuable Town assets. Funded Projects FM 1938 Streetscape/Wayfinding ($4.5M) J.T. Ottinger/Dove Intersection & Remaining Improvements ($2M) Street Survey ($80k) SH 114/Hwy 170 Enhancements ($1.1M) Stagecoach Hills ($498k) N. Roanoke Rd. ($195k) S. Roanoke Rd. ($455k) Sam School Rd. ($216k) E. Dove Rd. Vaquero to Terra Bella ($626k) Dove/Ottinger Landscaping ($800k) Creek Crossing & Dove/Pearson Intersection ($1.5M) WA North Driveway Lighting ($40k) FM 1938 Streetscape/Wayfinding Project consists of the design and construction of landscape and hardscape improvements to the FM 1938 corridor from SH 114 south to Randol Mill Road, including sidewalks, trailheads, signage, rest areas, plantings, entry monuments. The Town is required to install sidewalks on the west side of FM 1938 from Dove to SH 114 per the Fidelity developer's agreement at our cost. Utility relocations will be necessary to accommodate construction, including adjusting manholes, fire hydrants, valves and meters as necessary. Maintenance is for irrigation only. JT Ottinger / Dove Intersection & Remaining Improvements Re-alignment of Dove/JT Ottinger intersection to improve traffic and pedestrian safety. The realignment of this intersection will also include construction of a pedestrian trail. The project will provide stabilization of road subgrade and 6" of asphalt to approximately 5,000 LF of Dove and Ottinger Roads and replace/improve culverts and ditches. Project improvements will cover portions of Dove and Ottinger that are not included in the other Hillwood Developer Agreement funded projects. The project will be funded with bonds, Capital Projects Fund balance and Contributions. 37 Street Survey The Street Survey will evaluate the current status of streets and thoroughfares within Westlake's Town limits. This information will be used to establish a prioritization for repairs and replacements as well as further definition of future standards of construction and repair. SH 114/Hwy 170 Enhancements This project would be a cooperative effort between Westlake, Trophy Club, and Roanoke consisting of the design and construction of landscape and hardscape improvements to the SH 1170 & 114 interchange to include plantings, painting, and entry monuments. Maintenance is for irrigation only. Stagecoach Hills Street Reconstruction & Drainage The project will provide stabilization of road subgrade and 2" of asphalt to the approximate 4,500 LF of pavement in the Stagecoach Hills Subdivision and replace/improve culverts and ditches. North Roanoke Road Reconstruction & Drainage (Hwy 170 North to Town Limits) The project will provide stabilization of road subgrade and 6" of asphalt to approximately 750 LF of Roanoke Road and replacement of a narrow bridge at a 60" drainage structure. S. Roanoke Road Reconstruction & Drainage The project will provide stabilization of road subgrade and 6" of asphalt to approximately 4,000 LF of Roanoke Road and replace/improve culverts and ditches. Project improvements will be from Highway 170 south to the Town Limits. Sam School Road Reconstruction & Drainage The project will provide stabilization of road subgrade and 6" of asphalt to approximately 2,000 LF of Sam School Road and replace/improve culverts and ditches. E. Dove Road Reconstruction & Drainage (Vaquero to Terra Bella) The project will provide stabilization of road subgrade and 6" of asphalt to approximately 6,500 LF of Dove Road from Vaquero to Terra Bella and replace/improve culverts and ditches. This project will also include construction of a pedestrian trail from FM 1938 to the Glenwyck Farms. Dove/Ottinger Landscaping As part of the recent developer agreement with Hillwood and Deloitte, $800,000 has been allocated for all landscaping pertaining to the Dove Road and Ottinger Road reconstruction projects. The entire amount is funded through contributions from the Hillwood developer agreement. Creek Crossing & Dove/Pearson Intersection The project will provide road and bridge enhancements on Dove Road at the creek overpass between JT Ottinger Road and N. Pearson Lane. The project will also make lane adjustments and intersection improvements to the intersection at Dove Rd. and N. Pearson Ln. The entire project will be funded through contributions from the Hillwood developer agreement. Westlake Academy North Driveway Lighting The project will provide street-level lighting for the new north entry at Westlake Academy. 38 Unfunded Projects Dove & Randol Mill Traffic Circle ($2M) J.T. Ottinger N. of WA ($560k) Wyck Hill Resurface ($52k) Pearson Lane ($370k) Dove & Randol Mill Traffic Circle An engineering study is currently underway at the intersection of Dove and Randol Mill that will examine the viability of a traffic circle. The cost of the study has already been approved for funding however, the remainder of the project (currently estimated at $2M) remains unfunded. J.T. Ottinger Rd. N. of WA The project will provide stabilization of road subgrade and 7" of asphalt to approximately 4,000 LF of Ottinger Road (from Westlake Academy to SH 170) and replace/improve culverts and ditches. Wyck Hill Resurface The project will provide asphalt pavement resurfacing to approximately 1,000 LF of Wyck Hill. Pearson Lane The project will provide stabilization of road subgrade and 5" of asphalt to approximately 1,300 LF of Pearson Lane and replace/improve culverts and ditches. Table 4 - Transportation Asset Values & Depreciation (original audited values - inflation-adjusted) Type of Asset Current Replacement Value # of Assets # Fully Depreciated # Depreciating over Next 5 Years Roads & Streets $5,510,005 27 14 0 90% 10% Transportation Assets All Other Assets Transportation Figure 11- Transportation Assets: Percentage of Total 39 Figure 12 - Pavement Condition Over Time (Lazarus, 2007) Figure 10 above illustrates the exponential increase in the cost of street maintenance caused when these projects go unfunded for too long. While this graph applies to roadways that are designed for 20 years of service, the ratios are applicable to shorter-life surfaces as well. 40 Project T1: 410.20 FM 1938 Streetscape/Wayfinding Total Project Cost: $ 4,547,155 Funding Status: Project consists of the design and construction of landscape and hardscape improvements to the FM 1938 corridor from SH 114 south to Randol Mill Road, including sidewalks, trailheads, signage, rest areas, plantings, entry monuments. The Town is required to install sidewalks on the west side of FM 1938 from Dove to SH 114 per the Fidelity developer's agreement at our cost. Utility relocations will be necessary to accommodate construction, including adjusting manholes, fire hydrants, valves and meters as necessary. Maintenance is for irrigation only. The estimated completion date of this project is FY 2014/2015. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of landscape maintenance and minor repairs to sidewalks and other Town-owned assets associated with the project. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 5,000 Estimated Debt Service $ 58,500 Funding Sources for This Project: Funding Source Contributions $ 972,000 Projected Amount Capital Projects Fund $ 3,575,155 Estimated Expense thru FY 10/11: $ 592,877 41 Project T2: 410.25 J.T. Ottinger/Dove Intersection & Remaining Improvements Total Project Cost: $ 1,906,335 Funding Status: This project is designated within the Hillwood developer agreement. The project will reconstruct the intersection at Ottinger and Dove Rd. to enhance traffic flow to address safety concerns. A trail will be added to improve connectivity. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 1,500 Estimated Debt Service $ 87,062 Funding Sources for This Project: Funding Source Contributions $ 529,971 Projected Amount Capital Projects Fund $ 852,004 *Bond Proceeds $ 524,360 *These bonds are backed by a property tax pledge and will be supported by the ad valorem property tax. Project Timeline: Begin Date FY 11-12 Completion Date FY 12-13 Estimated Expense thru FY 10/11: $ 3,940 42 Project T3: 410.20 Streets Survey Total Project Cost: $ 80,000 Funding Status: The Street Survey will evaluate the current status of streets and thoroughfares within Westlake's Town limits. This information will be used to establish a prioritization for repairs and replacements as well as further definition of future standards of construction and repair. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of landscape maintenance and minor repairs to sidewalks and other Town-owned assets associated with the project. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 0 Estimated Debt Service $ 5,040 Funding Sources for This Project: Funding Source *Bond Proceeds $ 80,000 Projected Amount *These bonds are backed by a property tax pledge and will be supported by the ad valorem property tax. Estimated Expense thru FY 10/11: $ 29,355 43 Project T4: 410.30 SH 114/Hwy 170 Enhancements Total Project Cost: $ 1,079,900 Funding Status: This project would be a cooperative effort between Westlake, Trophy Club, and Roanoke consisting of the design and construction of landscape and hardscape improvements to the SH 1170 & 114 interchange to include plantings, painting, and entry monuments. Maintenance is for irrigation only. Project costs are estimated to be $3,000,000 for construction and $200,000 for engineering design. Funding participation is anticipated to be 1/3 from each party. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 0 Estimated Debt Service $ 0 Funding Sources for This Project: Funding Source Capital Projects Fund $ 1,407,900 Projected Amount *Bond Proceeds $ 672,000 *These bonds are backed by a property tax pledge and will be supported by the ad valorem property tax. Project Timeline: Begin Date FY 10-11 Completion Date FY 14-15 Estimated Expense thru FY 10/11: $ 7,500 44 Project T5: 410.31 Stagecoach Hills St. Reconstruction & Drainage Total Project Cost: $ 498,900 Funding Status: This road improvement project will replace the culvert, re-stabilize and overlay approximately 4,500 linear feet of Stagecoach Hills Street. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 5,000 Estimated Debt Service $ 22,100 Funding Sources for This Project: Funding Source *Bond Proceeds $ 498,900 Projected Amount *These bonds are backed by a property tax pledge and will be supported by the ad valorem property tax. Project Timeline: Begin Date FY 10-11 Completion Date FY 11-12 Estimated Expense thru FY 10/11: $ 7,220 45 Project T6: 410.32 N. Roanoke Road Reconstruction & Drainage Total Project Cost: $ 195,790 Funding Status: This road improvement project will re-stabilize and overlay approximately 750 linear feet of Roanoke Rd. from Hwy 170 North to the Town limits. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 1,000 Estimated Debt Service $ 12,000 Funding Sources for This Project: Funding Source *Bond Proceeds $ 195,790 Projected Amount *These bonds are backed by a property tax pledge and will be supported by the ad valorem property tax. Project Timeline: Begin Date FY 10-11 Completion Date FY 11-12 Estimated Expense thru FY 10/11: $ 3,347 46 Project T7: 410.34 S. Roanoke Road Reconstruction & Drainage Total Project Cost: $ 455,900 Funding Status: This road improvement project will re-stabilize and overlay approximately 4,000 linear feet of Roanoke Rd. from Hwy 170 South to the Town limits. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 5,000 Estimated Debt Service $ 19,500 Funding Sources for This Project: Funding Source *Bond Proceeds $ 455,900 Projected Amount *These bonds are backed by a property tax pledge and will be supported by the ad valorem property tax. Project Timeline: Begin Date FY 12-13 Completion Date FY 12-13 Estimated Expense thru FY 10/11: $ 2,900 47 Project T8: 410.40 Sam School Road Reconstruction & Drainage Total Project Cost: $ 216,000 Funding Status: This road improvement project will re-stabilize and overlay approximately 2,000 linear feet of Sam School Rd. from Solana to the Town limits. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 2,500 Estimated Debt Service $ 10,725 Funding Sources for This Project: Funding Source *Bond Proceeds $ 216,000 Projected Amount *These bonds will be backed by a property tax pledge and will be supported by the ad valorem property tax. Project Timeline: Begin Date FY 13-14 Completion Date FY 13-14 Estimated Expense thru FY 10/11: $ 0 48 Project T9: 410.41 E. Dove Road Reconstruction & Drainage Total Project Cost: $ 626,940 Funding Status: This road improvement project will provide stabilization of road subgrade and 6” of asphalt to approximately 6,500 linear feet of Dove Rd. from Vaquero to Terra Bella and replace/improve culverts and ditches. This work will also include construction of a pedestrian trail from FM 1938 to Glenwyck Farms . Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 4,000 Estimated Debt Service $ 39,000 Funding Sources for This Project: Funding Source *Bond Proceeds $ 626,940 Projected Amount *These bonds will be backed by a property tax pledge and will be supported by the ad valorem property tax. Project Timeline: Begin Date FY 13-14 Completion Date FY 14-15 Estimated Expense thru FY 10/11: $ 800 49 Project T10: 410.45 Dove/Ottinger Landscaping Total Project Cost: $ 800,000 Funding Status: This project will be carried out in conjunction with the Hillwood and Deloitte development agreement to provide for the landscaping aspects of the Ottinger and Dove Road improvements. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of landscape maintenance. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 1,500 Estimated Debt Service $ 0 Funding Sources for This Project: Funding Source Contributions $ 800,000 Projected Amount Project Timeline: Begin Date FY 11-12 Completion Date FY 12-13 Estimated Expense thru FY 10/11: $ 0 50 Project T11: 410.45 Creek Crossing & Dove/Pearson Intersection Total Project Cost: $ 1,536,348 Funding Status: This project will fortify the bridge and creek crossing on Dove Rd. between JT Ottinger Rd. and N. Pearson Ln. The project will also make lane adjustments and intersection improvements to the intersection at Dove Rd. and N. Pearson Ln. Foresee crack sealing during the 2nd year after completion. The cost below reflects construction cost estimates from the Hillwood developer agreement. This project is listed in the Hillwood developer agreement and is funded through contributions. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing over the bridge area. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 1,500 Estimated Debt Service $ 0 Funding Sources for This Project: Funding Source Contributions $ 1,532,725 Projected Amount Capital Projects Fund $ 3,623 Project Timeline: Begin Date FY 10-11 Completion Date FY 11-12 Estimated Expense thru FY 10/11: $ 3,623 51 Project T12: Unassigned Westlake Academy North Driveway Lighting Total Project Cost: $ 40,000 Funding Status: This project will provide street lighting to the new north driveway entrance on the Westlake Academy Campus. The project is scheduled for completion in FY 11-12. Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of fixture maintenance and repairs. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 900 Estimated Debt Service $ 0 Funding Sources for This Project: Funding Source Capital Projects Fund $ 40,000 Projected Amount Project Timeline: Begin Date FY 11-12 Completion Date FY 11-12 Estimated Expense thru FY 10/11: $ 3,623 52 Project T13: 410.44 Dove & Randol Mill Traffic Circle Total Project Cost: $ 2,034,600 Funding Status: Reconstruction and reconfiguration of Dove/Randol Mill from a 3-way stop intersection to a traffic circle to improve traffic safety. The Council has approved $15,000 of funding for an engineering study, the balance of the project (estimated at $2M) remains unfunded. Not Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 2,500 Estimated Debt Service $ 0 Funding Sources for This Project: Funding Source Capital Projects Fund $ 15,000 Projected Amount Unfunded $ 2,019,600 Project Timeline: Begin Date FY 11-12 Completion Date FY 13-14 Estimated Expense thru FY 10/11: $ 0 53 Project T14: Unassigned (N.) J.T. Ottinger Reconstruction & Drainage Total Project Cost: $ 556,500 Funding Status: The project will provide stabilization of road subgrade and 7" of asphalt to approximately 4,000 LF of Ottinger Road (from Westlake Academy to SH 170) and replace/improve culverts and ditches. Anticipate crack sealing during the 2nd year after completion. This project is not a candidate for Tarrant County participation. Consistent with 2011 Graham Pavement Evaluation Study. Not Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 2,500 Estimated Debt Service $ 35,000 Funding Sources for This Project: Funding Source Bond Proceeds $ 556,500 Projected Amount Project Timeline: Begin Date FY 14-15 Completion Date FY 14-15 Estimated Expense thru FY 10/11: $ 0 54 Project T15: Unassigned Wyck Hill Resurface Total Project Cost: $ 52,950 Funding Status: The project will provide asphalt pavement resurfacing to approximately 1,000 LF of Wyck Hill. Foresee crack sealing during the 2nd year after completion. This project is not a candidate for Tarrant County participation. This includes 3rd party construction inspection. Consistent with 2011 Graham Pavement Evaluation Study. Not Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 1,500 Estimated Debt Service $ 3,335 Funding Sources for This Project: Funding Source Bond Proceeds $ 52,950 Projected Amount Project Timeline: Begin Date FY 15-16 Completion Date FY 15-16 Estimated Expense thru FY 10/11: $ 0 55 Project T16: Unassigned Pearson Lane Reconstruction & Drainage Total Project Cost: $ 370,750 Funding Status: The project will provide stabilization of road sub grade and 5" of asphalt to approximately 1,300 LF of Pearson Lane and replace/improve culverts and ditches. Foresee crack sealing during the 2nd year after completion. This project is not a candidate for Tarrant County participation. Consistent with 2011 Graham Pavement Evaluation Study. Not Approved Operating Budget Impact: This project will have minimal impact on the Town’s annual operating budget. The annual operating costs for this project will consist of surface maintenance utilizing periodic crack sealing. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 2,500 Estimated Debt Service $ 23,300 Funding Sources for This Project: Funding Source Bond Proceeds $ 370,750 Projected Amount Project Timeline: Begin Date FY 15-16 Completion Date FY 15-16 Estimated Expense thru FY 10/11: $ 0 56 Utilities The Town of Westlake currently owns a minimum of approximately $24M of utility fixed assets. These take the form of water, sewer and telecommunications duct bank lines. These assets are initially installed through development and later transferred to the Town for upkeep and maintenance. With the recent completion of the Stagecoach Hills water main, the Town’s utility infrastructure is in relatively good shape with no known deficiencies. The five items that are fully depreciated are water lines that were transferred from the City of Keller which may need replacement in the near future but that are fully operational now. It should also be noted that the Town is currently engineering a GIS system that will map all infrastructure; this project provides us the opportunity to review the condition of these assets and their values which will be revised as necessary. Funded Projects TRA Assumption of N1 Sewer Line ($127k) N-1 Sewer Line Transfer I & I Study/Repairs ($122k) Stagecoach Hills Waterline Connection ($608k) Ground Storage Tank ($1.6M) TRA Assumption of N1 Sewer Line This project is intended to transfer ownership of a section of sewer line from Westlake and Southlake to TRA. It includes the design and construction of a metering station with SCADA equipment at the proposed Town of Westlake "Point of Entry." Westlake will be required to conduct an extensive inflow and infiltration study and perform repairs (separate capital project). N-1 Sewer Line Transfer I & I As a condition of the N-1 sewer line transfer Westlake was required to conduct an extensive inflow and infiltration study. The study will identify repairs that need to be made. Stagecoach Hills Waterline Connection This project will consist of constructing a water line to Stagecoach Hills from the existing pump station or 20" water line and the replacement of lines within the subdivision itself. Ground Storage Tank This project will consist of designing and constructing a new ground storage tank at the 57 existing pump station. We anticipate this tank will be a 1,000,000 gallon tank and will be needed to augment services once Deloitte has become fully staffed. Maintenance (consisting of inspection and cleaning) would not be expected until year two. Debt service payments = approximately $170k/yr for 10 years. Table 5 - Utility Asset Values & Depreciation (original audited value - inflation-adjusted) Type of Asset Current Replacement Value # of Assets # Fully Depreciated # Depreciating over Next 5 Years Utility Improvements $19,247,514 24 5 0 Utility Machinery & Equipment $5,177,911 7 1 0 Figure 13 - Utility Assets: Percentage of Total 61% 39% Utility Assets Total Assets Utilities 58 Project U1: 500.30 TRA Assumption of N-1 Sewer Line Total Project Cost: $ 127,338 Funding Status: This project will prepare the sewer line to be transferred from Westlake and Southlake to TRA. The scope of the project includes the design and construction of a metering station with SCADA equipment at the Town’s ‘point of entry’ for water and sewer. Approved Operating Budget Impact: This project does not affect the on-going operating budget as all future operating costs will become the responsibility of TRA. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 0 Debt Service $ 0 Funding Sources for This Project: Funding Source Utility Fund $ 127,338 Projected Amount Project Timeline: Begin Date FY 10-11 Completion Date FY 11-12 Estimated Expense thru FY 10/11: $ 0 59 Project U2: 500.31 N-1 Sewer Line Inflow & Infiltration Repairs Total Project Cost: $ 122,360 Funding Status: This project will prepare the sewer line to be transferred from Westlake and Southlake to TRA. The scope of the project includes making general repairs to the existing sewer lines as required by the transfer contract with TRA. Approved Operating Budget Impact: This project does not affect the on-going operating budget as all future operating costs will become the responsibility of TRA. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 0 Debt Service $ 0 Funding Sources for This Project: Funding Source Utility Fund $ 122,360 Projected Amount Project Timeline: Begin Date FY 10-11 Completion Date FY 11-12 Estimated Expense thru FY 10/11: $ 35,467 60 Project U3: 500.32-15 & 500.37 Stagecoach Hills Water Line Connection (Phase I & II) Total Project Cost: $ 608,699 Funding Status: This project consists of the installation of a 20” main waterline into the Stagecoach subdivision as well as repairs to existing lines. Approved Operating Budget Impact: This project does not affect the on-going operating budget as repairs or maintenance on new water lines is extremely rare. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 0 Debt Service $ 0 Funding Sources for This Project: Funding Source Utility Fund $ 608,699 Projected Amount Project Timeline: Begin Date FY 10-11 Completion Date FY 11-12 Estimated Expense thru FY 10/11: $ 245,324 61 Project U4: 500.36 Ground Storage Tank Total Project Cost: $ 1,598,414 Funding Status: This project will increase the capacity at the pump station to respond to and plan for increases in demand created by development within the Town. The project includes the installation of a 1M gallon water tank. Approved Operating Budget Impact: This project does not affect the on-going operating budget; the annual debt service will be funded from utility revenues. Estimated Annual Operating/Debt Service Costs: Operating Costs $ 500 Debt Service $170,000 Funding Sources for This Project: Funding Source Utility Fund $ 77,925 Projected Amount *Utility Bonds $ 1,520,489 *The ability to create additional indebtedness in the Utility Fund has yet to be determined; therefore, the funding source for this project is uncertain as of the date of preparation of this CIP document. Project Timeline: Begin Date FY 11-12 Completion Date FY 12-13 62 Works Cited Elmer, V. (2006). Capital Improvement Plan and Budgets. Berkeley: University of California at Berkeley. Lazarus, C. (2007). Public Works. In C. W. Stenberg, & S. L. Austin, Managing Local Government Services (pp. 201-234). Washington DC: ICMA.