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HomeMy WebLinkAboutMINUTES - 03231999 - C12 ve TO: BOARD OF SUPERVISORS,AS GOVERNING BOARD OF CONITRA COSTA COUNTY AND CONTRA COSTA COUNTY FLOOD CONTROL AND WATER CONSERVATION DISTRICT FROM: J, MICHAEL WALFORD, CHIEF ENGINEER DATE: larch 23, 1999 SUBJECT: Report from Chief Engineer on Carps of Engineer's Wildcat/San Pablo Creeks Project Financing and Recommending Referral to Finance Committee for Review and Recommendation SPE,CM1 I E77ST(S)OR RECClIv MENDATIT"(S)c&BACKGROUND AND'J STIFIC77107 L. Recommended Action: A. ACCEPT report from. the Chief Engineer regarding funding shortfall for the Corps of Engineers Wildcat/San.Pablo Creeks Flood Control Project. B. REFER report to Board.of Supervisors"Finance Committee for review and recommendation. IIa Financial Lmpac : The local cost share of the federal flood control improvements for Wildcat/San Pablo Creeks is underfunded by approximately$917,000. Interest on the debt is increasing the extent of funding short fall. A summary of each creek entity's financial status is attached. Continued on Attachment:— SIGNATURE: RECOMMENDATION OF BOARD COMMITTEE APPROVE —OTHER SIGNATURES : AC'T'ION OF BOARD ON .175= , 7917APPR7ED AS RECOMMENDED VOTE OF SUPERVISORS UNANIMOUS(ABSENT lore ) AYES: --NOES:— ABSENT: ABSTAIN: I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of RMA:cl G.\a nir\rnitchbo\ho3-23 the Board of Supervisors on the date shown. Orlg.Div; Public Woks Centaci: (Mitch Avalon—313-2203) c cao ATTESTED: AuditarlCon�'allrr s PW Accounting J.Kennedy,Redevelopment PHIL BATCHELOR,Clerk of the.Board of D.W Eckerson,Pablo D sign Supervisors and County Administrator Wildcat/San Pab;o Assign Trays,T.Jensen ,/-/, By -, s iri f r Deputy PROJECTED FINANCIAL STATUS DRAINAGE E AREA 73 FOR DECEMBER 31 , '1998 Estimate of Remaining Funds Cash $ 304,000 Drainage Fees $ 20,000 SDWR Maims Unpaid $ 478,000 E SDWR Claims Earned but not claimed 0 SDWR Claims Earnable by Year End 0 — Total SDWR Funding $ 478,000 CE Reimbursement for Landscaping 78,000 Sale of Excess Property (3.7) Acres(') € $ 453,000 Est. Funds to be Received L02 0-00-1 Est. Funds Available 1,330,000 =Estimate of Remaining Casts CE Deposits Ls 57,000 Coordination Costs 90.000 Est. Total Expenditures $ 67,000 Est. Debt Service $1,215000 Balancing Funds Due Zone 7 $ 300,000 TOTAL COSTS 1.582.000 ESTIMATE OF FUND BALANCE $ (252,0001 Shortfall (Fund balance + value of surplus land) $ (705,00+0) (*} Two parcels @ 3rd/Brookside 13.0 acres x 43,560 x 3.00 = $392,000 and .7 acres x 43,560 x $2.00 = $69,000.) cc: D. Eckerson, FIC R. Gilchrist, Acctg: Milton Kubicek MFK:drg g\adsr,in\milf\98-3\finda73.wpd 10/13197 Rev(11/3/97) Rev(3123/98) PROJECTED FINANCIAL. STATUS FLOOD CONTROL. ZONE 7 FOR DECEMBER 31, 1998 Estimate of Remaining Funds Cash $(1,042,000) , Est. Remaining Taxes ; $ 11,000 SDWR Claims Unpaid (thru 12131/98) $ 044,000 SDWR Maims Earned, but not claimed 0 SDWR Claims Earnable by Year End 0 Total SDWR Funding $ 544,000 CE Reimbursement for Landscaping 75,000 Escrow West County Sanitary Contract 60,000 SIVA#17 Maintenance Cost Refund 301,000 ' Sale of Surplus Land to District O ' 261,000 Est. Additional Funding from DA 73 300,000 North Richmond Redevelopment Agency Participation 200,000 Total Additional Funds j 1,752.000 Est, Funds Available $ 710,000 i Estimate of Remaining Casts Estimated Remaining CE Deposits $ 57,000 Estimated Debt Service 1,308,000 Coordination Costs 10.000 Est. Total Expenditures $ 1,375,000 j Estimate of Fund Balance $ (665,000) Shortfall (Fuad balance + value of surplus land) $ (926,000) (1) Disposal site adjacent to sedimentation basin (4 acres x 43,560 x $1.5 per square foot) cc: D.Eckerson,r/C R. lii?�iS2,fRCG4g. Milton Kubicek RMA:c! g\adr Fiii\,t??ii\98-3\ins',8Z7.wpd Rev.2/23/99 Deport from Chief Engineer on Carps of Engineer's Wildcat/San Pablo Creeks Project Page 2 111. Reasons for Recommeodatiotts and Ba�ck�round: In 1975, the Corps of Engineers developed several alternative plans for eliminating the frequent flooding of'North Richmond from Wildcat and San Pablo Creeks. After community meetings involving the greater community, including interested parties not residing in the area of flooding, it was decided that the Corps' Environmental Quality Plan was the preferred alternative. Unfortunately, the citizens within the area subject to flooding,who would have to assess themselves to raise the needed local cost share of$4,500,000, did not like the plan. In their minds, the plat_adversely impacted their businesses by taking a significant portion of their properties and the resultant local cost/share for lands and relocations was too high. With the lack of community financial support, the Corps of Engineers was ready to close the project as "unfeasible, due to lack of community financial support." The District asked the Corps of Engineers to hold the project open long enough to give Flood Control District staff the opportunity to develop another alternative that the adjacent commercial property owners would be willing to fund. In 1982, the District completed an alternative plan of a conventional earth channel with a concrete lined channel upstream of Third Street, completed an environmental impact report, completed a financial plan, and secured community support for an assessment district to raise the remaining unmet local funding of $1,300,000 for the new plan. Assessment District 1982-2 was formed and the Board of Supervisors asked the Corps of Engineers to implement the plan. During the Corps of Engineers' planning and design process, opposition to the plan developed within several environmental groups and regulatory agencies (Bay Conservation and Development Commission, State Coastal Conservancy; East Bay Regional Park. District and Federal Fish and Wildlife). The regulatory agencies refused to permit the project unless changes were made to the plan more in keeping with the original environmental plan developed by the Corps of Engineers. A design team was formed by the Board of Supervisors. The team consisted of interested environmental groups, agencies, local citizens, property owners, Corps of Engineers, and District staff. The design team developed a plan that all of the team members supported except staff. Staff could not support the design team's proposal due to the high local cost share,which exceeded available funding, and anticipated future maintenance problems. Ultimately, two hydraulically equivalent options were presented to the Board of Supervisors. The Board of Supervisors selected the design. team's proposal, although it significantly increased the local cost share,primarily due to the extra right of way required, On December 10, 1985, the plan was approved by the:Board of Supervisors assuming that grants would be found to fund the shortfall in funding. Several factors contributed to the Board of Supervisor's decision: 1) the North Richmond community flooded four times in 1982 and five times in 1983; and 2) the Corps of Engineers' continued participation in the project appeared to be tenuous if the project were stalled again. During the course of project final design and construction., the design tears process continued on the remaining upstream improvements. The design team suggested additional modification that further increased the local cost share by removing the concrete lining on Wildcat Creep from the elementary school site upstream to the AT&SF railroad tracks. On April 19, 1988,the Board of Supervisors approved the proposed change. This change moved the planned sedimentation basin from the City of Richmond property at Third Report from. Chief Engineer on Corps of Engineer's Wildcat/San Pablo Creeks Project Page 3 Street upstream onto private property,which increased right of way costs. It also rewired the construction of a more expensive bridge to the school site and the construction of a new $250,000 sewer main for the school. All of these environmental enhancements increased the local cost share. At that time, the increase was estimated to be $400,000. On June 2, 1987, the Board adopted a report from the Chief Engineer proposing a financing plan for the estimated shortfall at that time of$400,000. The April 19, 1988, modifications further increased the funding shortfall. On April 26, 1988, an additional financing report was presented to the Board further discussing project costs. A cost table from this report is reproduced below. The row entitled"Actual Cost"has since been added. Incidentally, due to the higher actual costs, the Corps determined there was insufficient flood reduction benefits remaining to do the upstream improvements in the City of San Pablo. t TOTAL COST FEDERAL COST NON-FEDERAL STATE COST LOCAL COST SHARE COST SHARE SHAD SHARE ORIGINAL FLAN $ 12,500,000_Ls 8,900,000E $ 3,600,000 $ 2,200,000 ` $ 1,400,000 COE PLAN $ 13,600,000 $ 7,700,000 $ 5,900,000 $ 3,600,000 $ 2,300,000 E s DESIGN TEAM $ 17,700,000 $ 10,200,000 7500000(' $ 4,100,000 $ 3,400,000(' PLAN s ' ACTUAL.COST $ 27,000,000(2} $ 14,000,000 , $ 13,000,000 $ 9,000,000 , $ 4,000,000(3) (1) Includes 5%local cash contribution of total project cost. (2) Does not include recreation trail and bridge costs. (3) Does not include District staff coordination costs($700,(30(7). In the April 26, 1988 Board Order, the Board confirmed to the City of San.Pablo that the District would meet the previous commitment that$250,000 would remain in the Zone 7 fund for creek improvements with the City. At this time, the $250,000 does not exist. The original financing plan for the project was based on the Corps of Engineers' cost sharing policy in existence in 1982. Prior to the District's final project approval, that policy changed placing a greater financial burden upon the non-federal sponsors(local costs). The requirement of a"510 of total project costs" cash contribution to the federal government from the nonfederal sponsors increased the local costs by $345,000. The project has since incurred unexpected interest costs due to the State of California's failure to promptly reimburse their share of the nor(-federal project costs. This lacy of prompt payment compounded the cash flow problem.that could only be corrected by borrowing funds from the Flood Control District Revolving Report from Chief Engineer on Corps of Engineer's Wildcat/San Pablo Creeks Project Page 4 Fund. As of this date, the State still owes Zone 7 and Drainage Area 73, $1,022,073. The total interest cost through January 1999 is estimated to be$270,000. A portion of the short fall has already been funded by the following contributions: Special District Augmentation Funds $200,000 North Richmond Redevelopment Agency $200,000 West County Sanitary District 200 000 TOTAL OTHER FUNDS $600,000 Attached are projected financial status reports for Zone 7 (Wildcat Creek) and Drainage Area 73 (San Pablo Creep). The reports already reflect the above contributions that have been received. The reports show a total funding shortfall of$1,631,000. To partially offset the shortfall,Drainage Area 73 has two surplus properties valued at$453,000 and Zone 7 has one parcel valued at$261,000. A significant portion of the Zone 7 parcel should be retained to minimize future sediment basin maintenance costs. If these properties can be sold at their estimated values, the shortfall would be reduced to $917,000. Potential Funding Sources: When the plan was approved, the Board of Supervisors was led to believe by various speakers in favor of the environmental enhancements to the Plan that grants would be found to cover the additional costs. To date those funds have not been produced. A further complication is that additional federal funding in the form of a grant would require a corresponding decrease in Corps funding. The District was successful in acquiring funding from the Nest County Sanitary District and the 'north Richmond Redevelopment Agency(noted above) and the purchase of one property by the Coastal Conservancy. We have been able to identify only one alternative source for funding the shortfall other than the County General Fund or additional funds from the North Richmond Redevelopment Agency. That alternative is for the Flood Control District to absorb the loss using unrestricted District funds from non-tax share revenue. The District's share of tax revenue cannot be used, as those funds are restricted to general countywide use. Summary. The Corps of Engineers channel improvements that were constructed in Wildcat and San Pablo Creeks provide habitat and uses not provided in the conventional design adopted with the 1982 project financing plan. These improvements have successfully controlled flooding in the North Richmond community from Wildcat and San Pablo Creeks. The improvements cost approximately$27,000,000 with the local share being only $4,000,000. Of this amount, $917,000 remains unfunded. IV. Consequences of Negative Action: The unfunded balance will continue to accrue interest; which further increases the unfunded balance.