Form revised September16, 2009
FISCAL NOTE FOR CAPITAL PROJECTS ONLY
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Departments: |
Contact Person/Phone: |
DOF Analyst/Phone: |
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Seattle Department of Transportation, Seattle City Light, Seattle Public Utilities, Department of Planning and Development, Office of Policy and Management, Department of Parks and Recreation |
Robert M. Powers 684-0577 |
Stephen Barham 733-9084
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Legislation Title: AN ORDINANCE relating to the SR 99 Alaskan Way Viaduct and Seawall Replacement Program; stating the City’s policy with respect to an alternative for replacing the present Viaduct and Seawall, and related work; and authorizing execution of a Memorandum of Agreement between the State of Washington and the City of Seattle. |
Summary and background of the Legislation:
The proposed Council Bill authorizes execution of an agreement between the State of Washington and the City of Seattle setting forth the responsibilities of each entity and expectations concerning the role of each in the implementation and funding of the numerous elements of the Alaskan Way Viaduct and Seawall Replacement (AWVSR) Program. As outlined in the January 13, 2009 Letter of Understanding signed by the Seattle Mayor, Washington Governor and King County Executive, the AWVSR Program consists of a deep bored tunnel to replace SR 99 in the Central Waterfront; the Moving Forward projects; a new surface Alaskan Way and waterfront open space; and other improvements to city streets and transit. The City has committed to fund $930 million for the AWVSR Program.
SDOT
Project Name: |
Project I.D. |
Project Location: |
Start Date: |
End Date |
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Alaskan Way Viaduct and Seawall Replacement |
TC366050
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SR 99 / Battery Street |
Q1/2001
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Q4/2018
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Mercer Corridor Project West Phase |
TC367110 |
Mercer St/ Dexter Ave – Elliott Ave W |
Q1/2010
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Q4/2014 |
SCL
Project Name: |
Project I.D. |
Project Location: |
Start Date: |
End Date |
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Alaskan Way Viaduct and Seawall Replacement - Utility Relocations |
8307
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SR 99 / Battery Street |
Q1/2002
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Q4/2016
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Mercer Corridor West Phase Relocations |
8443 |
Mercer/Broad/Aurora |
Q1/2010 |
Q4/2014 |
SPU
Project Name: |
Project I.D. |
Project Location: |
Start Date: |
End Date |
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Alaskan Way Viaduct and Seawall Replacement Program - DWF |
C4102-DWF |
SR 99 / Battery Street |
Q1/2004 |
Q4/2017 |
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Alaskan Way Viaduct and Seawall Replacement Program - WF |
C4102-WF |
SR 99 / Battery Street |
Q1/2004 |
Q4/2017 |
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Mercer Corridor Project West Phase - DWF |
C410005 |
Mercer St/ Dexter Ave – Elliott Ave W |
Q1/2010 |
Q2/2014 |
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Mercer Corridor Project West Phase - WF |
C410004 |
Mercer St/ Dexter Ave – Elliott Ave W |
Q1/2010 |
Q2/2014 |
· Please check any of the following that apply:
____ This legislation creates, funds, or anticipates a new CIP Project. (Please note whether the current CIP is being amended through this ordinance, or provide the Ordinance or Council Bill number of the separate legislation that has amended/is amending the CIP.)
____ This legislation does not have any financial implications. (Stop here and delete the remainder of this document prior to saving and printing.)
__X__ This legislation has financial implications. (Please complete all relevant sections that follow.)
Appropriations: This table should detail existing appropriations and reflect appropriations that are a direct result of this legislation. If this legislation does not directly change an appropriation, but has budget impacts, please explain in the notes section below:
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Fund Name and Number |
Dep’t |
Budget Control Level* |
Existing 2009 Appropriation |
New 2009 Appropriation (if any) |
2010 Anticipated Appropriation |
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TOTAL |
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*See budget book to obtain the appropriate Budget Control Level for your department.
Notes: This legislation does not appropriate funds. Appropriation for these projects, consistent with Attachment A, is included in the 2009 Adopted Budget and the 2010 Proposed Budget.
Spending Plan and Future Appropriations for Capital Projects: Please list the timing of anticipated appropriation authority requests and expected spending plan. In addition, please identify your cost estimate methodology including inflation assumptions, the projected costs of meeting applicable LEED standards, and the percent for art and design as appropriate.
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Spending Plan and Budget |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
Total |
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Spending Plan |
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Current Year Appropriation |
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Future Appropriations |
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Notes: This legislation does not allocate funds. Future anticipated appropriation and spending for these projects, consistent with Attachment A, are included in the 2010-2015 Proposed CIP.
Funding source: Identify funding sources including revenue generated from the project, and the expected level of funding from each source. When applicable, make a notation indicating the source of funds is paying for debt service.
Funding Source (Fund Name and Number, if applicable) |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
Total |
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TOTAL |
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Notes: Funding for these projects, consistent with Attachment A, is included in the 2010-2015 Proposed CIP.
Bond Financing Required: If the project or program requires financing, please list type of financing, amount, interest rate, term and annual debt service or payment amount. Please include issuance costs of 3% in listed amount.
Type |
Amount |
Assumed Interest Rate |
Term |
Timing |
Expected Annual Debt Service/Payment |
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TOTAL |
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Notes: Bond financing information is included in the 2010 Proposed Budget and the 2010-2015 Proposed CIP.
Uses and Sources for Operation and Maintenance Costs for the Project: Estimate cost of one-time startup, operating and maintaining the project over a six year period and identify each fund source available. Estimate the annual savings of implementing the LEED Silver standard. Identify key assumptions such as staffing required, assumed utility usage and rates and other potential drivers of the facility’s cost.
O&M |
2009 |
2010 |
2011 |
2012 |
2013 |
2014 |
Total |
Uses |
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Start Up |
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On-going |
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Sources (itemize) |
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Notes: N/A
Periodic Major Maintenance costs for the project: Estimate capital cost of performing periodic maintenance over life of facility. Please identify major work items, frequency.
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Major Maintenance Item |
Frequency |
Cost |
Likely Funding Source |
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N/A |
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TOTAL |
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Funding sources for replacement of project: Identify possible and/or recommended method of financing the project replacement costs.
Total Regular Positions Created, Modified, Or Abrogated Through This Legislation, Including FTE Impact: This table should only reflect the actual number of positions created by this legislation In the event that positions have been, or will be, created as a result of previous or future legislation or budget actions, please provide details in the Notes section below the table.
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Position Title and Department* |
Position # for Existing Positions |
Fund Name & # |
PT/FT |
2009 Positions |
2009 FTE |
2010 Positions** |
2010 FTE |
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N/A |
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TOTAL |
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* List each position separately
** 2010 positions and FTE are total 2010 position changes resulting from this legislation, not incremental changes. Therefore, under 2010, please be sure to include any continuing positions from 2009.
Notes:
· Do positions sunset in the future? (If yes, identify sunset date):
No new positions are identified.
· What is the financial cost of not implementing the legislation: (Estimate the costs to the City of not implementing the legislation, including estimated costs to maintain or expand an existing facility or the cost avoidance due to replacement of an existing facility, potential conflicts with regulatory requirements, or other potential costs if the legislation is not implemented):
The Alaskan Way Viaduct and Seawall are at risk of sudden and catastrophic failure.
· Does this legislation affect any departments besides the originating department? • If so, please list the affected department(s), the nature of the impact (financial, operational, etc)., and indicate which staff members in the other department(s) are aware of this Bill.
Affected City Departments include City Light, Seattle Public Utilities, Planning and Development, the Office of Policy and Management, and the Seattle Department of Transportation. Parks and Recreation is involved in a coordinating role.
· What are the possible alternatives to the legislation that could achieve the same or similar objectives (Include any potential alternatives to the proposed legislation, including using an existing facility to fulfill the uses envisioned by the proposed project, adding components to or subtracting components from the total proposed project, contracting with an outside organization to provide the services the proposed project would fill, or other alternatives):
Alternatives to the proposed legislation have been evaluated since 2001. In January 2009, the King County Executive, Seattle Mayor, and Washington Governor recommended the deep bored tunnel as the only solution that meets the region’s safety, environmental, economic, urban design and mobility goals. Shortly thereafter, the Washington State Legislature passed Engrossed Substitute Senate Bill 5768 and the Governor signed the bill into law, designating and funding the Bored Tunnel Program as the replacement for the Alaskan Way Viaduct.
· Is the legislation subject to public hearing requirements: (If yes, what public hearings have been held to date, and/or what plans are in place to hold a public hearing(s) in the future?)
No
· Other Issues (including long-term implications of the legislation):
N/A
· List attachments to the fiscal note below:
AWVSRP MOA Fiscal Note Attachment A – Program Funding
AWVSRP MOA Fiscal Note Attachment B – Program Map
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$ millions |
City |
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State |
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Port |
King County |
Total |
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Component |
Proposed CIP (2009-15) |
2016-18 |
Total |
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Proposed CIP (2009-15) |
2016-18 |
Total |
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Alaskan Way Surface Street and Waterfront Public Space |
$20 |
$103 |
$123 |
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$50 |
$240* |
$290 |
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$0 |
$0 |
$413 |
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Central Seawall |
$225 |
$0 |
$225 |
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$0 |
$0 |
$0 |
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$0 |
$0 |
$225 |
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Mercer Corridor West Phase |
$100 |
$0 |
$100 |
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$0 |
$0 |
$0 |
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$0 |
$0 |
$100 |
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Mercer East |
$50 |
$0 |
$50 |
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$0 |
$0 |
$0 |
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$0 |
$0 |
$50 |
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Spokane |
$30 |
$0 |
$30 |
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$0 |
$0 |
$0 |
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$0 |
$0 |
$30 |
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Parking Program and Project Services |
$11 |
$0 |
$11 |
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$16 |
$1 |
$17 |
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$0 |
$0 |
$28 |
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Partial Construction Transportation Mitigation |
$0 |
$0 |
$0 |
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$30 |
$0 |
$30 |
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$0 |
$0 |
$30 |
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Public Utility Relocation |
$167 |
$81 |
$248 |
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$0 |
$0 |
$0 |
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$0 |
$0 |
$248 |
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NOT REFLECTED IN CITY’S PROPOSED CIP |
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Potential Implementation of 1st Ave Streetcar** |
$140 |
$0 |
$140 |
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$0 |
$0 |
$0 |
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$0 |
$0 |
$140 |
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Bored Tunnel |
$0 |
$0 |
$0 |
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$1,900 |
$0 |
$1,900 |
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$0 |
$0 |
$1,900 |
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Moving Forward Projects |
$0 |
$0 |
$0 |
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$583 |
$0 |
$583 |
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$0 |
$0 |
$583 |
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Moving Forward Project Elements |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
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$300 |
$0 |
$300 |
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Transportation Projects*** |
$0 |
$0 |
$0 |
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$0 |
$0 |
$0 |
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$0 |
$202 |
$202 |
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TOTAL |
$743 |
$184 |
$927 |
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$2,580 |
$240 |
$2,820 |
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$300 |
$202 |
$4,249 |
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