May 18, 2004 City Bond Election

MAY 2004 BOND ELECTION General Election May 18, 2004 Elections City Mayoral Election City Council Election City Bond Election FUSD Override Election

MAY 2004 BOND ELECTION City Bond Authorization Election Purpose Implement components of: Regional Land Use & Transportation Plan Open Space & Greenways Plan Parks & Recreation Long-Range Plan Vision 2020 process Fund long-range capital improvement projects

MAY 2004 BOND ELECTION City Seeks Direction from Voters on 13 Bond Authorization Projects Note: Projects will be phased in over time for this future capital improvement program to avoid raising the City secondary property tax rate. Project amounts represent inflated dollars estimated for the time of project implementation and bond issuance.

MAY 2004 BOND ELECTION Capital Improvement Program Will be Funded by Bonds Three types Municipal Corporation Bonds Utility Revenue Bonds General Obligation Bonds Bonds issued over 20-year time period Present and future residents repay bonds over time Similar to paying a mortgage

MAY 2004 BOND ELECTION Funding Source: Municipal Corporation Bonds Project USGS Campus Renovation / Expansion Repayment Lease Payments Impact to Flagstaff Residents of Bonds No property tax or fee impact

MAY 2004 BOND ELECTION Funding Source: Utility Revenue Bonds Projects Water & Wastewater System Improvements Water Wells Water Rights Acquisition Repayment Utility User & Capacity Fees Impact to Flagstaff Residents of Bonds $1.93/month sewer, $2.38/month water for typical residence* if all projects funded *Typical residence: 6,000 gallons water and 5,000 gallons wastewater / month $0.75/month sewer, $0.76/month water for typical retail commercial* *Typical Retail commercial: 2,000 gallons water and wastewater / month Fees phased in over three years

MAY 2004 BOND ELECTION Funding Source: General Obligation Bonds Projects Fire Fighting Facilities & Equipment Multi-Generational Recreation Center Municipal Swimming / Aquatic Center Neighborhood Open Space FUTS Land Acquisition Regional Open Space: Observatory Mesa Land Acquisition McMillan Mesa Open Space Land Acquisition Lake Mary & Other Parks Land Acquisition Continental Park Recreational Field Development Snow Play Area Development Repayment General Obligation Bonds New projects started as previously issued bonds paid off Impact to Flagstaff Residents of Bonds No increase to current City secondary property tax rate $ per $100 assessed valuation

MAY 2004 BOND ELECTION General Obligation Bonds This chart illustrates how debt capacity for new projects will be available with no increase in the City secondary property tax rate.

MAY 2004 BOND ELECTION Secondary Property Tax Impact … if no Bond Projects are Approved If none of the proposed ballot questions are approved, an owner of a residential home with $100,000 in valuation could expect a decrease in their taxes of $42 in 2006 and $20 in 2010 and an owner of a commercial property with $100,000 in valuation could expect a decrease of $105 in 2006 and $50 in 2010.

MAY 2004 BOND ELECTION Project Selection Process Citizen Input City Boards & Commissions Bond Advisory Task Force Public Meetings Community Surveys & Focus Groups Public Comment at City Council Meetings City Council

MAY 2004 BOND ELECTION Project Implementation Timeframes Projects will be phased in over time during the 10- year capital improvement program Time frames for the start and finish of each project are approximate Project implementation will be determined by: City Council with public input Other Factors Land Availability & Acquisition Negotiations Environmental Permitting Processes Utility Relocations Weather Design and Construction Lead Time

MAY 2004 BOND ELECTION Project Repaid by Lease Fees US Geological Survey Campus New construction and/or renovation Office space for scientific R&D to retain and attract USGS programs Amount: $61.2 million Timing: USGS Campus will be renovated and expanded

MAY 2004 BOND ELECTION Project Repaid by Utility User & Capacity Fees Reclaimed Water System Improvements Wildcat Hill & Rio de Flag treatment plant improvements Reclaimed water line extensions to more areas of City Upgrade Wildcat Hill wastewater to open-access irrigation standards Amount: $23.1 million Timing: New filter media at Rio de Flag plant Water quality upgrade and other improvements at Wildcat Hill plant

MAY 2004 BOND ELECTION Project Repaid by Utility User & Capacity Fees Water Wells Drill up to 4 additional water wells to meet current water needs Reduce dependence on current wells Amount: $8.5 million Timing: Well sites for future wells will be determined by geophysical testing

MAY 2004 BOND ELECTION Project Repaid by Utility User & Capacity Fees Water Rights Acquisition Authorization to acquire and/or develop property or water rights Surface, groundwater, or groundwater recharge Amount: $15 million Timing: 2004 – 2009 Bonds only issued if future water sources are identified

MAY 2004 BOND ELECTION Project Repaid by Secondary Property Taxes Fire Fighting Facilities & Equipment Relocate up to 4 of the existing 6 fire stations to improve response times Construct multipurpose Training & Emergency Operations Center New fire engines New safety equipment Amount: $16.8 million Timing: Up to four fire stations will be relocated to improve response times and equal distribution of calls among all stations.

MAY 2004 BOND ELECTION Project Repaid by Secondary Property Taxes Neighborhood Open Space and FUTS Land Acquisition Approximately 550 acres of open space lands for up to 50 additional miles of FUTS FUTS connection to neighborhoods, parks, schools, employment, shopping and other areas Amount: $7.6 million Timing: Land will be acquired for up to 50 additional miles of the Flagstaff Urban Trail System

MAY 2004 BOND ELECTION Project Repaid by Secondary Property Taxes Regional Open Space, Observatory Mesa Land Acquisition Acquire Arizona State Trust land designated for public open space multiple use in Flagstaff Area Regional Land Use & Transportation Plan Up to 480 acres Amount: $5.5 million In coordination with Arizona Preserve Initiative or State Trust land reform matching grants Timing: 2013 or sooner Up to 480 acres will be acquired to provide permanent natural open spaces for public use, wildlife habitat protection, and conservation of observatory viewing quality.

MAY 2004 BOND ELECTION Project Repaid by Secondary Property Taxes McMillan Mesa Open Space Land Acquisition Protect environmentally significant open space lands on McMillan Mesa Acquire up to 110 acres City Council may elect to resell portions to offset total cost Amount: $10.1 million Timing:

MAY 2004 BOND ELECTION Project Repaid by Secondary Property Taxes Multi-Generational Recreation Center Expansion or New Construction Meet community recreational, social and physical wellness needs Amount: $6.1 million Timing:

MAY 2004 BOND ELECTION Project Repaid by Secondary Property Taxes Municipal Swimming / Aquatic Center Indoor multi-activity swimming and aquatic facility Leisure pool, therapeutic pool & lap/competitive features Amount: $8.6 million Timing: The location of the municipal swimming and aquatic center will be determined by City Council with public input

MAY 2004 BOND ELECTION Project Repaid by Secondary Property Taxes Lake Mary Regional Park & Other Parks Land Acquisition Provide land for future City park needs 223 acres east of Lake Mary Road 11 acres adjacent to Mount Elden Middle School 17 acres adjacent to Christensen Elementary School Amount: $2.8 million Timing:

MAY 2004 BOND ELECTION Project Repaid by Secondary Property Taxes Continental Park Recreational Field Development Multi-purpose recreational fields at existing Continental Park in east Flagstaff Amount: $3.1 million Timing: Multi-purpose fields at Continental Park are identified in the Parks and Recreation Long-Range Plan.

MAY 2004 BOND ELECTION Project Repaid by Secondary Property Taxes Snow Play Area Development Snow play area at McMillan Mesa Tube runs Lifts Lighted runs Snowmaking with existing reclaimed water Warming facility Amount: $4.1 million Timing: The snow play area will be located on city-owned land on McMillan Mesa

MAY 2004 BOND ELECTION Timetable Scenario for Project Implementation if All Bond Projects are Approved *This is one scenario, if all projects are approved by voters, of how City Council could implement all projects over time with no increase to the secondary property tax rate. Project time frames are approximate and depend on many factors, such as land availability and acquisition, design and construction lead times, environmental permitting processes, utility relocations, weather, etc.

MAY 2004 BOND ELECTION Ballot Sample Bond Title & Amount / No Project Description

MAY 2004 BOND ELECTION Additional Information City Bond Program General Election County Elections Department