FINANCE COMMITTEE MEETING

 

DECEMBER 20, 2006

 

The meeting was called to order by Chairman Burke at 7:30 p.m.

 

MEMBERS PRESENT:  David Burke, John Gore, Dan Fogt

 

OTHERS PRESENT:  Andy Brossart, Esther Carmany, Betsy Bowe, Tom Bulcher, Chris Hill, Ryan Horns, Lloyd Baker

 

AGENDA:

 

1)     Grant Investigation

 

Mr. Burke referred to two pieces of information; one dated December 18, 2006 to President Gore from Hull & Associates.  This information was per a request for grant funding resources for water projects.  Kara Allison reviewed the information produced by Malcolm Pirnie in a letter to Ms. Tracie Davies dated December 7, 2006, which included funding sources for public water and wastewater projects in Ohio submitted by Malcolm Pirnie.  She also reviewed information in her specialty, which is grant identification and grant writing.  Her letter is submitted as part of the record.  She states that she reviewed the work of Malcolm Pirnie and found it satisfactory and that there are other grants that could be available.  She recommended the City run a grant calendar to get better corresponding between grants and projects.

 

Mr. Gore stated he did not believe it was the intent for Ms. Allison to evaluate Malcolm Pirnie’s work.  He was not aware of the December 7th letter because it had been requested long before that.  The request was to find out what grants were available.  He had commented previously that he was not comfortable that we had not pursued everything for the wastewater treatment plant and didn’t want to make the same mistake for the water reservoir.   It was never the intent to question the quality of the work.

 

Mr. Burke agreed.  The request was to thoroughly investigate all avenues of funding before asking citizens to produce revenue stream.

 

The City does not qualify for most of the grants that are available as noted in the December 7th letter. 

 

Mr. Burke asked what grants were applied for for the water reservoir project.  Mr. Hill said was there were no grants applied for.  Mr. Burke asked if there are any grants available for which the City could apply?  Mr. Hill said, “not that he was aware of.”  The list provided is a comprehensive list, and he does not believe the City would qualify for any of those grants because they are based on economic need, which is a function of the area’s median household income relative to some state or national level.  Median household income for Marysville based on the 2000 census is approximately $47,000, which is the threshold for all of the grant programs that were identified.  The other criteria is percent low to moderate income.  Marysville’s percentage of low to moderate income households is 7 and the criteria is generally 51%.  Mr. Burke asked for the percentage for an average community.  Ms. Betsy Bowe of Malcolm Pirnie responded that the grants identified in this list are triggered by Distressed criteria.  Low to moderate income relationship is based on the individual level and family level of poverty in the U.S. Census.  For Marysville, the individual level of poverty is 5.9%.  Dayton is 23%, Columbus is 20.8%.  The Distressed Criteria noted are related to economic criteria, poverty level and job losses that trigger the stress factor. 

 

Mr. Gore asked when Malcolm Pirnie received the request to prepare this information.  Response was December 4th.   Mr. Gore said the letter states it is unlikely that the City would qualify to receive grants.  He commented that he had heard the same thing regarding grants for the railroad crossing, but yet a councilman took the initiative to make a couple of calls and came up with a commitment of $180,000.  He feels there are rocks out there that need to be turned over.  It’s not always cut and dry.  Based on the Study, Council is being told to quickly pass this so that we can create a revenue stream to finance or be able to borrow the money to build a reservoir, but noted the study states in case of a severe drought, year 2020 would be in jeopardy of a water shortage.  Representative from Malcolm Pirnie feels that refers to the increase in future demand as projected and includes the reservoir in that determination.  The existing ground water supply as it is now would not be sufficient to meet YR2020 demand.  Mr. Gore understood it to say is that if we don’t do anything else and with drought conditions, we’d be in jeopardy in YR2020.  In other words, it doesn’t have to be done tomorrow.  Malcolm Pirnie stated the capacity of the ground water supply based on a prior engineering firm report is about 3MGD.  The basis for that is unclear to them.

 

Mr. Gore commented what we’re trying to do here is find a way to pay for this, not only with grants but to obviously reduce the amount we have to borrow, to be in a situation where we have a few years to put some money away and not have to borrow as much money.  The need is there, but he doesn’t feel it’s as critical as it’s thought to be.

 

Malcolm Pirnie rep. said the capacity of the existing water treatment plant is 3.21 MGD.  The current maximum day production ranges 3.2MGD, so in the summer months during peak periods of production, plant is at capacity.  Malcolm Pirnie is currently doing a study to see what additional we can get through that plant.  If successful, the capacity of the existing treatment plant will be 4.3 MGD.  There is a (inaudible) Ethanol project that is being considered.  If that project goes through, the amount of water that they will need within the next two years will eat up all the additional capacity that will be gained by the water study.  This means that in two years, the existing plant will be undersized with any additional growth within the City service area.  Mr. Gore stated the issue is not necessarily whether we need to expand or whether the community will grow, but the issue is how do we do it.

 

Mr. Burke stated the Malcolm Pirnie representatives are in attendance in order to help investigate all avenues of funding prior to passing the burden onto Marysville residents.  Mr. Burke asked if they had looked at these grants prior to the onset of this project, not on December 4.  Malcolm Pirnie rep said they did not look at grant opportunities for the water project.  They were not asked to look at grant opportunities.  The reservoir project is separate from what Malcolm Pirnie did.  Ganett Fleming did the reservoir study.  He’s not aware if they looked at funding opportunities.   Mr. Burke confirmed that the water study was produced in 2005 and that’s when the projections were made, before the Ethanol plant was discussed.

 

Mr. Burke noted in Chapter 7, Malcolm Pirnie proposed alternatives, and the best alternative was to pass funding onto new growth.  Raising tap fees was one proposal, which has been done.  Also gave funding alternatives for water rates to keep those as proportionate as possible to allow new growth to introduce as much new revenue as possible.  They also made the estimation that if we don’t follow these plans in fiscal 2009 and 2010, we will have double digit rate increases.  Malcolm Pirnie agreed.  Mr. Burke said is imperative that the citizens of this community own this facility and we pay for it, so in essence, we’re all shareholders of it.  The only way to fund and to get out of this mess that we’re in with these high rates is to have an economy of scale, additional users, which we cannot accommodate with our current facility.  Is it possible that there are any grants or additional sources of funding if we were to raise the rates for two years and look for additional funding that the City would qualify for short of the end user.  At the request of the City, Ms. Bowe said they looked at the list and tried to evaluate the potential as to whether or not Marysville, how the City was ranked, what the percentage of success would be, whether Marysville was eligible or not.  The answer to Mr. Burke’s question is yes, there may be something out there as a grant source that would fit.  It is not identified on this list.  There are not a whole lot of grant sources out there that would impact a facility of this size.  There are small grants through the Publics Works Commission.  Issue 2 funding for water treatment facilities are ineligible under infrastructure.  Those funds are prioritized and they are small based on the population allocation.  There are other watershed resource grants, based on watershed and water issues, including the U S Army Corp of Engineers.  These are subject to Federal funding.  There are some potential grants that may not be on the list provided.

 

EPA would be more than happy to sit down and go thru the list of potential grant sources that could provide a small grant, $50,000, etc. and help the City quantify and identify what the percentage of success is. 

 

For the most part, Marysville is not of the Distressed criteria or job criteria or LMI criteria based on economics.

 

Ms. Bowe stated Malcolm Pirnie would be willing to help facilitate a meeting amongst people that are funders in the state. 

 

Mr. Morehart asked if the criteria for grants would differ for water and wastewater?  Ms. Bowe stated yes. 

 

Regarding the Wastewater Treatment Plant, Mr. Fogt noted the EPA offered to help and do everything they could do to make the plant a reality.  They promised to help get some money for that project.   That didn’t happen, but maybe they could help with the Water Plant.  City has problems with their plant and problems up the stream with Raymond and Peoria.  If we can’t fix our problems, then we can’t take on sewage from Raymond and Peoria.  He feels there is a distress situation.  Mr. Fogt offered to talk to Mike Sapp of the EPA. 

 

Mr. Burke feels there is a lack of continuity between Administration and Council to Council.  He noted purchasing the plant in 1993 and how little of that debt has been covered and how it’s been handled, which is 20-25% of the current bill that residents receive.  If we paid that debt, we could lower people’s water rates by over 20%.  If these rates pass, he feels it’s a reprieve from the public to allow us the ability to operate this as a business and to pass this growth on to people.  We need to look at grants, we need to look at tap fees.  Council has done three actions this year to pass this burden on and noted to the best of his knowledge, they are the only government group that has done that.  He expressed surprise that Administration never ask prior to December 4 to investigate this, with or without knowledge of whether or not it be approved.  We owe it to the residents.  We need a plan, real forecasting and a real commitment and a promise so that people in the future know what’s going on.  He feels the reason why Marysville has such high rates is because no one had a plan as to how we were ever going to bring rates down.  An 8% increase would open up a corridor of growth that allows the City a new revenue stream to do that. 

 

Malcolm Pirnie representative said if you don’t increase rates based on what’s quoted in the plan, you are looking are larger rate increases in the future. 

 

Mr. Fogt asked if looking at grant options is a part of the doing the study?  Ms. Bowe stated this information was put together when asked for by the City for this meeting.  She said her company writes the grants and they can identify all potential grants for the City. 

 

Mr. Burke stated the citizens need a firm commitment from the City to eliminate the debt in order to lower rates. 

 

Mr. Andy Brossart stated rates need to cover the debt, not tap-in fees.  Tap-in fees go to pay for cash for future projects. If you start to rely too much on tap-in fees to pay the debt, you might benefit from reducing the rate increase, but that’s only short term, but when development stops, you’re in trouble.  No one wants to make a loan based upon tap-in fees.  Mr. Burke confirmed the tap-in fees do produce end users that do produce a revenue stream.  Mr. Brossart agreed.  Mr. Burke stated the plant that we currently own currently produces water that people who live here now pay for.  Any additional new user would have to pay for the additional plant to allow for extra capacity above and beyond what the current plant produces. 

 

The Committee recommended having Malcolm Pirnie identify all potential grants for the Water Plant, as well as go back to see what may be available for the Wastewater Treatment Plant.  Malcolm Pirnie agreed to help wherever they can. 

 

2)     Tap Fee Indexing

 

Mr. Burke stated legislation is coming to Council for first reading.  This is the third in a series of things the Finance Committee has done this year.  1)  Raised the fees to a level that was recommended in the 2005 Study, 2) They were aggressive in multi-family users in determining their use of water.  It was found that they used 70% of the water of a single-family home.  Their tap fees should be that appropriate amount.  It was set at .7 meter equivalents per unit, 3) The Municipal Cost Index puts municipal costs in a spectrum that’s slightly different than the Manufacturing Index and CPI.  It puts them just to municipalities.  This legislation will hook the City’s tap fees to that index so they go up on an annual basis proportionate to their actual cost.

 

Mr. Fogt stated he’s interested in grant opportunities, but also any low interest loans that may be available. 

 

The meeting adjourned at 8:22 p.m.