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Ordinance 34550006.90000 WSS /gjz 5/13/03 ORDINANCE NO. 3455 AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, ADOPTING A SIX -YEAR CAPITAL IMPROVEMENT PROGRAM, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. WHEREAS, pursuant to state law, the City of Edmonds annually updates and adopts a capital improvement program; and WHEREAS, on May 6, 2003, the Edmonds City Council held a public hearing to consider the six -year capital improvement program for the years 2003 through 2008; and WHEREAS, the City Council has considered the input of the public and the recommendations of its staff and the Planning Board and hereby determines it to be in the public interest to adopt the six -year capital improvement program for 2003 through 2008, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EDMONDS, WASHINGTON, DO, ORDAIN AS FOLLOWS: Section 1. A six -year capital improvement program for fiscal years 2003 through 2008 is' hereby adopted by the Edmonds City Council. A copy of the program is attached hereto as Exhibit A and incorporated by this reference as fully as if herein set forth. Section 2. Effective Date. This ordinance, being an exercise of a power specifi- cally delegated to the City legislative body, is not subject to referendum, and shall take effect five (5) days after passage and publication of an approved summary thereof consisting of the title. {WSS543981.DOC;1/00006.900000/1 - 1 - ATTEST /AUTHENTICATED: CITY CLERK, SANDRA S. CHASE APPROVED AST ;A_ : OFFICE OF O Y• BY W. SCOTT SNYDER FILED WITH THE CITY CLERK: PASSED BY THE CITY COUNCIL: PUBLISHED: EFFECTIVE DATE: ORDINANCE NO. 3455 APPROVED: mAyoikGAV HAAKENSON 05/16/2003 05/20/2003 05/30/2003 06/04/2003 {WSS543981.DOC;1/00006.900000/} - 2 - SUMMARY OF ORDINANCE NO. 3455 of the City of Edmonds, Washington On the 20th day of May, 2003, the City Council of the City of Edmonds, passed Ordinance No. 3455. A summary of the content of said ordinance, consisting of the title, provides as follows: AN ORDINANCE OF THE CITY OF EDMONDS, WASHINGTON, ADOPTING A SIX - YEAR CAPITAL IMPROVEMENT PROGRAM, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. The full text of this Ordinance will be mailed upon request. DATED this 21St day of May, 2003. ' CITY CLERK, SANDRA S. CHASE {WSS543981.DOC;1/00006.900000/} - 3 - Capital Improvements Program Transportation Projects- Fund 112 Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 2009+ 100th Ave W Road Stabilization Project $75,000 $500,000 212th & 84th Ave Capacity Improvements $100,000 $250,000 220th Street Improvements Construction $3,216,000 220th Street Improvements (Engineering) $222,000 238th St SW 84th Ave W to SR 104 Improvements $1,403,000 76th Ave & 206th St Traffic Calming & Ped Improvements $70,000 76th Avenue W Restoration SR 99 to 220th St $300,000 84th Ave W 212th St to 238th St Improvements $6,875,000 Fire Dept Signal- Fire Station #20 $125,000 Fire Dept Signal- Fire Station #16 $125,000 Guardrail Improvements- citywide $60,000 Nonmotorized- Bikeway Projects- Citywide $0 $0 $0 $0 $0 Nonmotorized Trans- Walkway and Blkewa - Citywide $40,000 $0 Nonmotorized Trans. - 5th & Main Crosswalk Rehab $50,000 Nonmotorized Trans: 72nd Ave W Ped Improvements $205,000 Nonmotorized Trans: 96th Ave W Pedestrian Improvements $345,000 Nonmotorized Trans: ADA Curb Ramp Im r $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 Nonmotorized Trans: Dayton & Main St Pedestrian Im rov $170,000 Nonmotorized Trans: Interurban Trail $250,000 Nonmotorized Trans: Olympic View Dr. Ped Improvements $125,000 $125,000 Nonmotorized Trans, Pedestrian Lighting- Citywide $5,000 $5,000 $5,000 $10,000 $10,000 $10,000 Nonmotorized Trans: Walkway Projects- Cftywide $0 $0 Nonmotorized Trans: 164th St SW Ped Improve $10,000 $125,000 Nonmotorized Trans, - School Zone Improve $0 $0 $0 $0 $0 $0 Olympic View Drive Sight Distance (stud) $65,000 Overlay-Citywide $0 $0 $0 $180,000 $0 Overlay-Waterline $80,000 $285,000 $195,000 $200,000 $210,000 $215,000 Pine Street Ferry Access Improvements $0 $145,000 Rockery Improvement - 76th Ave $40,000 Signal- 196th & Otympic View Dr $180,000 Signal- 212th & 80th Ave $60,000 Si gnat- 9th & 220th $260,000 Signal Improvements- Ci de $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 Signal- Main St. & 9th Ave $260,000 Signal- SR 104 & 238th St SW $210,000 Signal Upgrades- 238th St & 100th Ave $115,000 Signal- Walnut St @ 9th Ave S. $245,000 Signal-9th & Cas ers $270,000 SR 99 Contract Closeout $25,000 Street Improvements- Ci ide $20,000 $20,000 $10,000 $20,000 $20,000 $20,000 Traffic Calming $0 $0 $0 $0 $0 $0 Transportation Plan $5,000 $5,000 $5,000 $5,000 $5,000 $200,000 Total Construction Projects $912,000 $4,311,000 $815,000 $560,000 $930,000 $950,000 Revenues and Cash Balances 2003 -2008 Beginning Cash Balance $486,058 $576,178 $594,678 $340,531 $332,3841 $270,737 Motor Vehicle Fuel Tax $266,000 $266,000 $266,000 $266,000 $266,000 $266,000 Motor Vehicle Registration Fee $0 $0 $0 $0 $0 $0 Investment Interest $39,000 $44,000 $5,000 $6,000 $5,000 $5,000 New Development Mitigation Fees & other fees $125,000 $130,000 $135,000 $140,000 $145,000 Transfer in- Fund 412 -100 1 1 $105,000 $105,000 $110,000 $110,000 $115,000 $115,000 Transfer in- Fund 412 -300 $20,000 Transfer in- Fund 330 $115,000 Contributions to sidewalk fund $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 Grant- (Federal) for Fire Station #20 Signal $86,000 Grant- Federal for Fire Station #16 Signal $86,000 Grant- Federal for Citywide Guardrails $45,000 Grant- State for 220th St Improvements $2,400,000 Grant- State for Transportation Plan $50,000 Grant- Fed /State for Citywide ADA Curb Rams $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 Grant- Fed /State for CityvAde Bikeway Projects $20,000 $0 $0 $0 $0 $0 Grant- Fed /State for School Zone Improvements $7,500 $7,500 $7,500 $7,500 $7,500 $7,500 Grant- Federal for 76th Av /206th St Ped Im r $60,000 Additional Public Works Trust Fund Loan- 220th 2 $385,000 Grant-(State) for 72nd Av Ped Improvements $87,500 Loan State for 220th St Im rovments 1 $340,000 School Dist & CT - Contr to 220th St Im rov $10,000 Grant- State for Da on & Main st Ped Improve $60,000 Grant- State for 96th Ave W Ped Im rov $157,500 Grant- Federal for 76th Ave Restoration $117,000 Grant Federal for 220th St Improvements $500,000 Grant- Federal for Interurban Trail $250,000 Grant-(State) for Signal Upgrade 238th & 100th - $45,000 Grant-(Federal) for9th1220th Signal $195,000 Grant State for 212th & 84th Capacity Im rovmeents $50,000 $125,000 Grant Subtotal $689,600, $3,674,600 $72,500 $57,500 $365,000 $280,000 Interfund Transfers Out - $37,380 Debt Service on Loan 1 - $20,000 - $20,000 - $20,000 - $20,000 - $20,000 Debt Service on Loan 2 - $22,647 - $22,647 - $22,647 - $22,647 Total Revenues 8 Cash Balances $1,488,178 $4 905 678 $1,155,531 $892,384 0,737 $1,059 090 Total Construction Projects $912,000 $4,311,000 $815 000 $560,000 000 $950 000 Endin Cash Balance $576 178 $594 678 $340,531 $332 384 M$1,20 0,737 $109 090 EXHIBIT A Multimodal Transportation- Fund #113 Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 Professional Services $623,500 $1,250,000 $1,250,000 $625,000 $625,000 $2,000,000 Travel Expenses $500 Misc. $2,000 Total Capital Improvements Projects $626,000 $1,250,000 $1,250,000 $625,000 $625,000 $2,000,000 Revenues and Cash Balances 2003 -2008 Beginning Cash Balance $0 $0 $0 $0 $0 Grants - TEA 21 and CMAQ $533,000 $1,000,000 $1,000,000 $500,000 $500,000 $1,706,600 Matching Funds from TIB and WSF $93,000 $250,000 $250,000 $125,000 $125,000 $293,400 Interest Earnings $0 $0 $0 $0 $0 Total Revenues $626,000 $1,250,000 $1,250,000 $625,000 $625,000 $2,000,000 Transfer to General Fund #001 Total Capital Improvements Projects $626,000 $1,250,000 $1,250,000 $625,000 $625,000 $2,000,000 Ending Cash Balance $0 $0 $0 $0 $0 $0 Buildings Maintenance- Fund #116 Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 ADA Improvements- City Wide $5,000 $5,000 $8,000 Anderson Center Boiler Room Asbestos Abatement $30,000 Anderson Center Entry Door Replacement $15,000 Anderson Center Exterior Painting $25,000 Anderson Center Exterior Siding Replacement $25,000 Anderson Center Interior Painting $10,000 Anderson Center Duct Replacement $25,000 Boys & Girls Club Electrical Service $10,000 Boys & Girls Club Exterior Painting $3,000 Boys and Girls Club Roof $25,000 Civic Center Stadium Painting/Roof $7,500 $20,000 Fire Station #20 Lighting Fire Station #20 Furnace Wall $1,000 $8,000 Fire Station #20 Exterior Painting $1,000 $10,000 Fire Station #20 Roof Replacement, $30,000 Library AC Replacement $50,000 Library Entry Door (Carry-over 2002 $23,000 Library Central Heating Replacement $200,000 Library Plaza Door Replacement & Wood Refinishing $7,000 Library Plaza Room Carpet (Carry-over 2002 $10,000 Library Plaza Windows Failed Seals $10,000 Meadowdale Clubhouse Restroom Upgrade Car -ov $3,000 Meadowdale Clubhouse Misc $12,000 Museum Brick Repair $30,000 Museum Carpet Replacement $3,000 Museum Exterior Trim Painting $1,000 Park Maintenance Bldg Ext. Painting $3,000 Senior Center Misc Repairs & Maint. $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 Wade James Theater Gutter Replacement $8,000 Wade James Theater Roof Replacement $18,000 Yost Pool Exterior Lighting $2,000 Yost Pool Gutter Replacement $4,000 Yost Pool Building Misc $5,000 Total Facilities Projects $110,000 $333,500 $78,000 $42,000 $61,000 $58,000 Revenues and Cash Balances 2003 -2008 Beginning Cash Balance $220,000 $167,600 $21,450 $50 $14,650 $10,250 Interest Earnings $1,000 $750 $0 $0 $0 $0 Transfer from Gen Fund #001 $56,600 $56,600 $56,600 $56,600 $56,600 $56,600 Sno -Isle Library Cost Share $130,000 Total Revenues $277,600 $354,950 $78,050 $56,650 $71,250 $66,850 Total Facilities Projects $110,000 $333,500 $78,000 $42,000 $61,000 $58,000 Ending Cash Balance $167,600 $21,450 $50 $14,650 $10,250 $8,850 Capital Improvements Program Park Acquisition /Improvement- Fund 125 Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 Park Development Projects 162nd Street Park 1% $0 $70,000 $20,000 Anderson Center Field / Court $0 $10,000 $ 45,000 Brackett's Landing Improvements $30,000 $15,000 $10,000 $20,000 Esperance Neighborhood Improvements 1% $263,000 City Park Improvments 1% $380,000 Civic Center Complex Improvements 1 % $40,000 $35,000 $ 70,000 Edmonds Marsh $40,000 $40,000 50,000 Fishing Pier /Olympic Beach $80,000 $30,000 $25,000 20,000 L nndale Park Improvements $0 10,000 Maplewood Park Improvement $0 40,000 Marina Beach Park Improvements $0 310,000 Mathay Ballinger Park $01 30,000 Meadowdale Field / Clubhouse Renovation $0 70,000 Pine Ridge Park Improvements $10,000 110,000 Pine Street Park Improvements $0 $40,000 10,000 Seaview Park Improvements $0 $45,000 Sierra Park Improvements $55,000 Southwest County Park $0 90,000 Underwater Park Improvements $7,000 Yost Park/Pool Improvement $50,000 $60,000 $40,000 $20,000 10,000 50,000 Beautification Beautification Citywide/Sr. Ctr. Treesca a $30,000 $20,000 $20,000 $20,000 20,000 20,000 City-wide Park(Facility Improvements ADA Improvements $40,000 30,000 Centralized Irrigation $50,000 20,000 Citywide Park Improvements $85,000 $40,000 $10,000 $10,000 40,000 30,000 Misc Paving $190,000 $15,000 $15,000 $15,000 10,000 20,000 Misc Small Projects $145,0001 $50,000 $15,000 $15,000 10,000 100,000 Sports Fields Upgrade /Playground Partnership $78,000 $20,000 $40,000 $30,000 30,000 Waterfront Bulkheads $1,700,000 $20,000 $100,000 $20,0001 50,000 Specialized Facilities Aquatic Recreation Complex note #1 note #1 Skateboard Facility $80,000 $266,000 Trail Development Interuban Trail Development $345,000 Misc. Unpaved Trail / Bike Path /Improvements $50,000 $50,000 Planning Hummingbird Hill Park $10,000 Cultural Arts Center $50,000 40,000 Comprehensive Plan $40,000 50,000 20,000 Waterfront Acquisition Note #1: $10,000,000 General Obligation Bond Issue Total Park Projects $3,585,000 $325,000 $706,000 $473,000 $ 1,015,000 $420,000 Revenues and Cash Balances 2003 -2008 Beginning Cash Balance $2,694,847 $196,847 $6,160,057 $6,469,113 $7,803,671 $7,613,671 Real estate Tax 1/4% $707,000 $728,210 $750,056 $772,558 740,000 730,000 Interest Earnings $85,000 $40,000 $40,000 $40,000 40,000 40,000 Donations $0 $0 $0 $0 Park Impact Fee $0 $0 $0 $0 Grants/ Other Government $300,000 $5,100,000 $100,000 $1,000,000 50,000 500,000 Loan from Other Funds $425,000 $130,000 Total Revenues $3,786,847 $6,490,057 $7,180,113 $8,281,671 $8,633,671 $8,883,671 Expenditures Supplies $2,0001 $2,000 $2,000 $2,000 2,000 $2,000 Professional Services $3,000 $3,000 $3,000 $3,000 3,000 $3,000 Total Parks Projects $3,585,000 $325,000 $706,000 $473,000 $1,015,000 $420,000 Land Repayment of Loan to Other Funds Total Expenditures $3,590,000 $330,000 $711,000 $478,000 1,020,000 $425,000 Ending Cash Balance $196,8471 $6,160,0571 $6,469,113 $7,803,671 $7,613,671 $7,863,671 Park Acquisition /Improvement- Fund 126 (Special Capital) Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 Debt Service on City Hall $481,224 $480,571 $484,056 $416,237 $415,502 415,500 Debt Service on Library Roof $26,000 $26,000 $26,000 $26,000 26,000 26,000 Debt Service on Marina Beach $181,468 $184,292 $181,572 $183,532 183,532 183,532 Contribution to PSCC Purchase Debt Service on PSCC Purchase $73,823 $73,823 $73,823 $73,823 73,823 73,823 Misc.Openspace /Land $20,000 $40,000 $80,000 $20,000 20,000 20,000 Meadowdale Heights Acquisition $20,000 $20,000 $100,000 $20,000 20000 20,000 Edmonds Marsh /Hatchery Acquisition $1,000,000 200,000 North Edmonds Beach Acquisition $20,000 100,000 Old Woodway Elementary School Acquisition $1,463,000 Waterfront Acquisition Tideland Acquisitions $30,000 $100,000 $40,000 $10,000 10,000 10,000 Espereance Neighborhood Park Acquisition $300,000 Total Park Projects $2,152,515 $924,686 $2,448,451 $749,592 $948,857 848,855 Beginning Cash Balance $1,223,421 $682,337 $638,697 $28,982 $93,893 $72,384 Real estate Tax 1/4% /1st Qtr % $761,431 $769,046 $776,736 $784,503 792,348 790,500 Interest Earnings $100,000 $62,000 $62,000 $30,000 35,000 35,000 Donations $0 $0 $0 $0 Park Impact Fee $0 $0 $0 $0 IAC and Transportation Grants Grants/ Other Government $750,000 $50,000 $1,000,000 100,000 Loan (loan needed to purchase land) Total Revenues $2,834,852 $1,563,383 $2,477,433 $843,485 $1,021,241 $897,884 Expenditures Total Parks Projects $2,152,515 $924,686 $2,448,451 $749,592 $948,857 $848,855 Total Expenditures $2,152,515 $924,686 $2,448,451 $749,592 $948,857 $848,855 Ending Cash Balance $682,337 $638,697 $28,982 $93,893 $72,384 $49,029 Capital Improvements Program Cemetery Improvement- Fund 130 Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 Park Development Projects Cemetery Columbarium # $375,000 Total Cemetary Construction Projects $375,000 $0 $0 $0 $0 $0 Capital Improvements Program Public Safety Building Construction -Fund #326 Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 Fire Station 16 Construction $1,907,025 Public Safety Complex Exterior Signage $4,000 Public Safety Complex HVAC Upgrade $8,000 Public Safety Complex Painting $8,000 Public Safety Complex Soffit Installation $10,000 $18,000 Total Capital Improvements Projects $1,929,025 $26,000 $0 $0 $0 $0 Revenues and Cash Balances 2003 -2008 Beginning Cash Balance $1,556,587 $75,612 $49,612 $49,612 $0 $0 Interest Earnings $34,000 $0 $0 $0 $0 $0 Proceeds from sale of property $430,000 Total RevenuOs $2,020,587 $75,612 $49,612 $49,612 $0 $0 Expenditures Capital Improvement Projects $1,929,025 $26,000 $0 $0 $0 $0 Interfund Transfer for 1% Arts $15,950 $0 $0 $0 $0 $0 Total Expenditures $1,944,975 $26,000 $0 $0 $0 $0 Ending Cash Balance $75,612 $49,612 $49,612 $49,612 $0 $0 Capital Improvements Program Limited Tax General Obligation Bond Projects- Fund 330 Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 2009 Library Roof $852,000 Anderson Center Windows $240,000 Anderson Center Electrical $80,000 Anderson Center Plumbing $200,000 Anderson Center Restrooms $25,000 Anderson Center Seismic Improvements Fund 112 Projects $115,000 Total Projects $1,397,000 $115,000 $0 $0 $0 $0 Revenues and Cash Balances 2003 -2008 Beginning Cash Balance $1,216,920 $186,920 $71,920 $71,920 $71,920 $71,920 Federal Grants Sno- Isle -library Funds $300,000 Investment Interest $67,000 Total Revenues $1,583,920 $186,920 $71,920 $71,920 $71,920 $71,920 Total Projects $1,397,000 $115,000 $0 $0 $0 $0 Ending Cash Balance $186,920 $71,920 $71,920 $71,920 $71,920 $71,920 Capital Improvements Program Combined Utility Construction Improvement - Fund 412 -100 Water Projects Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 Citywide Water Improvements $20,000 $20,000 $20,000 $25,000 $25,000 $25,000 Replacement Program & Distr.System Improveme $1,525,000 $695,000 $668,000 $897,000 $878,000 $845,000 Alderwood Master Meter Replacement $100,000 Five Corners Pump Station Improvements $55,000 $425,000 Seismic Improvements $30,000 $150,000 Reservoir Security $20,000 $75,000 Chlorine Residual Analyzers $25,000 Automated Meter Evaluation Study $10,000 PRV Replacements $150,000 Total Water Projects $1,775,000 $1,365,000 $838,000. $922,000 $913,000 $870,000 Revenues 2003 -2008 Beginning Cash Balance $1,548,862 $890,398 $1,038,132 $973,951 $973,951 $991,663 Transfer from Combined Utility Fund #411 $500,000 $500,000 $500,000 $700,000 $700,000 $800,000 SRF or Public Works Trust Fund Loans $1,200,000 $500,000 $500,000 $500,000 Bond Proceeds $750,000 Debt Service on Loans - $34,948 - $84,395 - $113,517 - $142,639 - $142,639 Debt Service on Bond - $50,000 - $50,000 - $50,000 - $50,000 - $50,000 - $50,000 Interest Earnings $21,536 $2,682 $18,214 $13,229 $7,970 $8,000 Transfer to Const Improv Fund #112 - $105,000 - $105,000 - $110,000 - $110,000 - $115,000 - $115,000 Total Revenues $2,665,398 $2,403,132 $1,811,951 $1,913,663 $1,874,282 $1,492,024 Total Water Projects $1,775,000 $1,365,000 $838,000 $922,000 $913,000 $870,000 Ending Cash Balance $890,398 $1,038,132 $973,951 $991,663 $961,282 $622,024 Combined Utility Construction Improvement - Fund 412 -200 Drainage Projects Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 Perrinville Creek Diversion $125,000 $1,075,000 Talbot Road $220,000 93rd Avenue West $400,000 Willow Creek Outfall Extension $50,000 $340,000 Dayton Street Outfall rehabilitation $50,000 $215,000 Southwest Edmonds Basin Study, Projects $200,000 $293,000 Shell Creek $30,000 232nd St Storm Improvements $150,000 Meadowdale- 171st- Talbot Rd $60,000 Olympic Ave. Phase 1 $35,000 Olympic Ave. Phase 2 Union Oil Marsh Channel Improvements $100,000 $200,000 220th St Storm Improvements $370,000 Meadowdale- Drainage Investigation Projects $40,000 $80,000 Citywide Drainage Replacement, Extension $40,000 $40,000 $40,000 $40,000 $40,000 $40,000 Vehicle Wash Station $150,000 Critical Areas Revisions & Public Education $20,000 $45,000 Lake Ballinger Monitoring $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 N. Meadowdale Groundwater Monitoring Public Involvement Projects $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 Stormwater Comprehensive Plan $30,000 Total Drainage System Projects $501,000 $1,321,000 $924,000 $151,000 $526,000 $1,161,000 Revenues and Cash Balances 2003 -2008 Beginning Cash Balance $730,273 $1,194,864 $50,032 $280,864 $494,722 $293,188 Transfer from Fund 411- (Bond Proceeds) $800,000 $900,000 Grant for Perrinville Diversion $600,000 CZM Grant for Unocal Marsh $ 50,000 $100,000 FCAAP Grant for Talbot Road $ 40,000 Lynnwood Cost Share, Perrinville Diversion $300,000 Contributions to Perrinville Diversion Project 1 $ 50,000 $50,000 Other Transfer from Fund 411 $70,555 - $100,000 150,000 150,000 $150,000 Storm System Development Charge Fees $ 73,128 $ 100,322 $ 103,331 $ 106,431 $ 109,624 $ 112,913 Investment Interest $21,908 $35,846 $1,501 $8,426 $14,842 $8,796 Total Revenues $1,695,864 $1,371,032 $1,204,864 $645,722 $819,188 $1,514,897 Total Drainage Projects $501,000 $1,321,000 $924,000 $151,000 $526,000 $1,161,000 Ending Cash Balance $1,194,864 $50,032 $280,864 $494,722 $293,188 $353,897 Capital Improvements Program Fund 412 -300 Sewer Projects Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 2009+ 220th St Side Sewers $29,000 Alder Street $190,000 Boys & Girls Club Sewer $25,000 CityWde Sewer Improvements $10,000 $10,000 $10,000 $10,000 $10,000 $10,000 Daley Street Sewer $650,000 Dayton Street $500,000 Dellwood Dr $250,000 Eighth Ave South Sewer Rehabilitation $250,000 Lift Station 13 $230,000 Lift Station 2 $405,000 Lift Station 4 $330,000 Lift Station 7 & 8 Integration $800,000 Lift Station 3 $540,000 Telemetry upgrades -all Lift Stations $200,000 Olympic View Dr. Sewer Extension $270,000 Seventh Avenue North $350,000 Unanticipated Project Fund $20,000 $0 $0 $0 $0 $0 Transfer to 412400 for Lift Station 1 $121,470 Total Sewer System Projects $826,470 $1,109,000 $845,000 $530,000 $360,000 $800,000 Revenues and Cash Balances 2003 -2008 Beginning Cash Balance $536,383 $849,913 $132,911 $541,069 $396,891 $419,829 Transfer from Combined Utility Fund #411 1 $375,000 $375,000 $375,000 $375,000 $375,000 $375,000 Investment Interest 1 $15,000 $16,998 $2,658 $10,821 $7,938 $8,397 Transfer to 412 -400 (Lift Station 1) Bond Proceeds (Transfer from Fund 411) $750,000 Public Works Trust Fund Loan (LS 7,8 & 13) $875,500 Total Revenues $1,676,383 $1,241,911 $1,386,069 $926,891 $779,829 $803,225 Total Sewer Projects $826,470 $1,109,000 $845,000 $530,000 $360,000 $800,000 Ending Cash Balance $849,913 $132,911 $541,069 $396,891 $419,829 $3,225 Capital Improvements Program Fund 412 -400 Public Works Trust Fund Projects Projects for 2003 -2008 PROJECT NAME 2003 2004 2005 2006 2007 2008 Lift Station 1 $50,000 SR 104 Trunkline Repair 1 $710,650 $0 $0 $0 Total Sewer System Projects $760,650 $0 $0 $0 $0 $0 Revenues and Cash Balances 2003 -2008 Beginning Cash Balance - $135,820 $0 $0 $0 $0 $0 Transfer from Fund 414 for SR -104 1 $116,250 Transfer from Fund 412 -300 for Lift Station 1 $121,470 Loan Proceeds $658,750 Total Revenues $760,650 $0 $0 $0 $0 $0 Total Sewer Projects $760,650 $0 $0 $0 $0 $0 Ending Cash Balance $0 $0 $0 $0 $0 $0 Capital Improvements Program Capital Improvements - Fund 414 Wastewater Treatment Plant Projects for 2003 -2008 2003 2004 2005 2006 2007 2008 Incinerator General $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 Clarifier Upgrade $50,000 $350,000 $400,000 Mechanical Equipment Replacement $15,000 $160,000 $100,000 $150,000 Replace Heat Exchanger Repair Outfall $25,000 $200,000 Field flowmeter rehabilitation $490,000 Disinfection alternatives stud $350,000 SRI 04 24 Inch Sewer $700,000 Replace Bar Screens $150,000 $600,000 Public Works Trust Fund Debt Service $31,340 (1) $31,340 $31,340 $31,340 $31,340 $31,340 G.O. Bonds Debt Service $39,280 (2) $39,280 $39,280 $39,280 $39,280 $39,280 Revenue Bond Debt Service- SR 104 Rehab 1 1 $28,085 (4) $56,170 $56,170 $56,170 $56,170 $56,170 Public Works Trust Fund Debt Service- clarifier upgrade $33,600 $33,600 Transfer to 412 -400 for SR 104 Rehab $116,250 Total Treatment Plant Projects $1,994,955 $976,790 $386,790 $526,790 $710,390 $360,390 Revenues 2002 -2008 Beginning Cash Balance $2,229,510 $1,179,145 $478,265 $353,364 $723,464 $279,864 Intergovernmental $149,210 $173,810 $173,810 $173,810 $173,810 $173,810 Interest Earnings $44,590 (3) $25,910 $11,890 $9,390 $16,790 1 $7,920 Transfer from Combined Utility Fund #411 $50,790 $76,190 $76,190 $76,190 $76,190 $76,190 General Obligation Bond Issuance Revenue Bond Issuance $700,000 (4) Low Interest Loan for clarifier upgrades $637,500 (5) Total Revenues $3,174,100 $1,455,055 $740,155 $1,250,254 $990,254 $537,784 Total Projects $1,994,955 $976,790 $386,790 $526,790 $710,390 $360,390 Ending Cash Balance $1,179,145 $478,2651 $353,364 $723,464 $279,864 $177,394 (1) PWTF Loan of $595,000, 0.5% interest for 20 years for SR 104 sewer rehab. (2) G.O. Bonds of $500,000, 4.75% interest for 20 years for Meter A rehab (3) Interest estimated at 2% per year (4) Revenue bonds of $700,000, 5% interest for 20 years for SR 104 sewer rehab (5) 1 PWTF Loan of $637,500, 0.5% interest for 20 years for clarifier upgrade STATE OF WASHINGTON, COUNTY OF SNOHOMISH St1MMARY_OF- _ORDINANCE -NO. -3455 of the City of Edmonds, Washington On the 20th day of Ma , 2003, the Cty Council of the City of Edmonds, passed Ordinance No. 3455. A summary of the content of said ordinance, consisting of the title, provides as follows: AN ORDINANCE OF THE CITY OF EDMONDS, WASHING - TON, ADOPTING A SIX -YEAR CAPITAL IMPROVEMENT PROGRAM, AND FIXING A TIME WHEN THE SAME SHALL BECOME EFFECTIVE. The full text of this Ordinance will be mailed upon request. DATED this 21 at day of May, 2003. CITY CLERK, SANDRA S. CHASE Published: May 30, 200,3. i RECEIVED 9 (IN 0 3 2003 EDMONDS CITY CLERK Affidavit of Publication S.S. The undersigned, being first duly sworn on oath deposes and says that she is Principal Clerk of THE HERALD, a daily newspaper printed and published in the City of Everett, County of Snohomish, and State of Washington; that said newspaper is a newspaper of general circulation in said County and State; that said newspaper has been approved as a legal newspaper by order of the Superior Court of Snohomish County and that the notice of Edmonds Summary of Ordinance No. 3455 a printed copy of which is hereunto attached, was published in said newspaper proper and not in supplement form, in the regular and entire edition of said paper on the following days and times, namely: May 30, 2003 and that said newspaper was reguW -y gi- )xributed to itsJubscrit ers during all of said period. Subscribed and sworn to before day of May, 2003 Notary Public in and for the State of County. 30th ti C �Q;w��gSl O Fes: at M,rieIt, S4ohootr ;A 3013UG f t t t 4,0F W1- MOP' Account Name: City Of Edmonds Edmonds, City Of Account Number: 101416 Order Number: 0001042111