Form revised December 4, 2006

FISCAL NOTE FOR CAPITAL PROJECTS ONLY

Department:	Contact Person/Phone:	DOF Analyst/Phone:
Seattle Department of Transportation	Jon Layzer, 684-8084	Stephen Barham, 733-9084

Legislation Title:  AN ORDINANCE related to the Downtown Seattle Transit Tunnel and the Agreement, authorized by Ordinance 120839 on July 1, 2002, regarding the Design, Construction, Operation and Maintenance of the Downtown Seattle Transit Tunnel and Related Facilities between and among King County, The City of Seattle And The Central Puget Sound Regional Transit Authority (“Agreement”); authorizing removal of the Ninth Avenue transit contra-flow lane Traffic and Street Improvement, following re-opening of the Downtown Seattle Transit Tunnel in September 2007.

Summary and background of the Legislation:

On July 1, 2002, the City Council enacted Ordinance 120839 authorizing the Mayor to execute an agreement regarding the design, construction, operation, and maintenance of the Downtown Seattle Transit Tunnel and related facilities between and among King County, The City of Seattle, and The Central Puget Sound Regional Transit Authority.  In 2005, the City, King County, and Sound Transit collaborated to implement downtown Seattle traffic and street improvements to keep downtown traffic moving during the temporary closure of the Tunnel as required under Section 10.0 of the Agreement.  Sound Transit has substantially completed the Tunnel retrofit, expects to re-open the Tunnel for use by buses on September 24, 2007, and expects to begin joint bus/light rail operations in the tunnel in 2009.  The Ninth Avenue transit contra-flow lane traffic and street improvement was identified as a Primary Mitigation Project under Section 10.2 of the Agreement.  Pursuant to Section 10.9 of the Agreement, removal of Primary Mitigation Projects requires approval by the Seattle City Council, the King County Council, and the Sound Transit Board of Directors.  The City, King County, and Sound Transit agree that the Ninth Avenue transit contra-flow lane will no longer be needed for bus operations after the tunnel re-opens, and that the public would benefit from eliminating the Ninth Avenue transit contra-flow lane.  This legislation would authorize the removal of the Ninth Avenue transit contra-flow lane.  The street would be substantially returned to its original configuration.  Approvals are also being sought from the King County Council and Sound Transit Board of Directors.

Project Name:	Project I.D.	Project Location:	Start Date:	End Date
Downtown Seattle Transit Tunnel Closure Mitigation Project	TC366200	Downtown Seattle	1Q 2002	4Q 2007

· Please check any of the following that apply:

__X_ This legislation has financial implications. (Please complete all relevant sections that follow.) 

Appropriations:  This table should reflect appropriations that are a direct result of this legislation.  In the event that the projects associated with this ordinance have appropriations that were, or will be, received because of previous or future legislation or budget actions, please provide details in the Notes section below.  Finally, if this legislation does not directly change an appropriation, but results in budget authority being moved within a Budget Control Level, or to a Budget Control Level (up to 10%), please explain in the Notes section below.

Fund Name and Number	Department	Budget Control Level*	2007 Appropriation	2008 Anticipated Appropriation
TOTAL

*See budget book to obtain the appropriate Budget Control Level for your department.

Notes:  Removal of the Ninth Avenue transit contra-flow lane is expected to cost $20,000.  This work will be supported by current and available Downtown Seattle Transit Tunnel Closure Mitigation Project appropriations.

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.

Spending Plan and Budget	2007	2008	2009	2010	2011	2012	Total
Spending Plan
Current Year Appropriation
Future Appropriations

Notes:

Funding source: Identify funding sources including revenue generated from the project and the expected level of funding from each source.

Funding Source (Fund Name and Number, if applicable)	2007	2008	2009	2010	2011	2012	Total
TOTAL

Notes:  Removal of the Ninth Avenue transit contra-flow lane is expected to cost $20,000.  This work will be funded by current and available Downtown Seattle Transit Tunnel Closure Mitigation Project State gas tax funds.

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
TOTAL

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	2007	2008	2009	2010	2011	2012	Total
Uses
Start Up
On-going
Sources (itemize)

Notes:

Periodic Major Maintenance costs for the project: Estimate capital cost of performing periodic maintenance over life of facility.  Please identify major work items, frequency.

Major Maintenance Item	Frequency	Cost	Likely Funding Source
TOTAL

Funding sources for replacement of project:  Identify possible and/or recommended method of financing the project replacement costs.

Total Regular Positions Created 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.

Position Title and Department*		Fund Name	Fund Number	Part-Time/ Full Time	2007 Positions	2007 FTE	2008 Positions**	2008 FTE**
	TOTAL

*   List each position separately

** 2008 positions and FTE are total 2008 position changes resulting from this legislation, not incremental changes. Therefore, under 2008, please be sure to include any continuing positions from 2007.

Notes:

· Do positions sunset in the future?  (If yes, identify sunset date):

· 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): 

· 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):

The only alternative to removal of the Ninth Avenue transit contra-flow lane is to leave the lane in place.  The lane is not designed to allow for general purpose access (except for limited private parking garage egress), and transit routes will not continue to use this street once the downtown Seattle transit tunnel is re-opened in September 2007.  As a result, if the contra-flow lane is not removed, SDOT cannot re-establish curb space parking, passenger and commercial loading uses and anticipates minimal use of the roadway.

· 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):

Please list attachments to the fiscal note below: