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HomeMy WebLinkAboutTC Agenda 2018-06-06 TOWN OF TIBURON Tiburon Town Council Tiburon Town Hall •� t \• June 6, 2018 1505 Tiburon Boulevard Special Meeting-6:45 p.m. _ - Tiburon, CA 94920 Regular Meeting-7:30 p.m. TIBURON TOIWN COUNCIL AGENDA SPECIAL MEETING-6:45 P.M. CALL TO ORDER AND ROLL CALL Councilmember Fredericks,Councilmember Thier,Councilmember Welner,Vice Mayor Kulik,Mayor Fraser CLOSED SESSION 1. CONFERENCE WITH LEGAL COUNSEL-EXISTING LITIGATION (Paragraph(1)of subdivision(d)of Section 54956.9) Jordan v.Town of Tiburon Marin County Superior Court Case No. CIV 14-04196 Tyler Botn v.Town of Tiburon Workers'Compensation Appeals Board Case No.ADJ10826840 2. CONFERENCE WITH LEGAL COUNSEL—ANTICIPATED LITIGATION Initiation of litigation pursuant to paragraph(4)of subdivision(d)of Section 54956.9: (1 potential case) ADJOURNMENT- to regralar meeting REGULAR MEETING-7:30 P.M. CALL TO ORDER AND ROLL CALL Councilmember Fredericks,Councilmember Thier,Councilmember Welner,Vice Mayor Kulik,Mayor Fraser ANNOUNCEMENT OF ACTION TAKEN IN CLOSED SESSION IF ANY ORAL COMMUNICATIONS Persons wishing to address the Town Council on subjects not on the agenda may do so at this time. Please note however, that the Town Council is not able to undertake extended discussion or action on items not on the agenda. Matters requiring action will be referred to the appropriate Commission,Board, Committee or staff for consideration or placed on a future Town Council meeting agenda. Please limit your comments to three(3)minutes. PRESENTATION P-1. Introduction of New Town Staff- Phoenix Giffen, Maintenance Worker and Chelsee Navado, Building Permit Clerk CONSENT CALENDAR All items on the Consent Calendar may be approved by one motion of the Town Council unless a request is made by a member of the Town Council,public or staff to remove an item for separate discussion and consideration. If you wish to speak on a Consent Calendar item, please seek recognition by the Mayor and do so at this time. CC-1. Town Council Minutes - Adopt minutes of May 16, 2018 special and regular meetings (Town Clerk Stefani) CC-2. Town Council Election - Adopt resolutions a) calling an election on November 6, 2018; b) requesting consolidation of election services with the County of Marin; and c)providing that the cost of printing the candidate's statement shall be borne by the candidate(Town Clerk Stefani) CC-3. Investment Summary -Adopt investment summary for month ending April 30, 2018 (Director of Administrative Services Bigall) ACTION ITEMS AI-l. Artist Laureate -Consider recommendation of Heritage&Arts Commission to honor outgoing Artist Laureate Jaleh Etemad with commendation for her service to the community,and consider recommendation of Heritage&c Arts Commission to adopt resolution appointing Richard Rozen to four-year term as the Tiburon Artist Laureate and authorize the Town Manager to enter into agreement with Mr. Rozen(Heritage&r Arts Commission) AI-2. Revised Debt Policy - Consider adoption of resolution adopting a revised Debt Management Policy(Department of Administrative Services) AI-3. Assessment District No. 2017-2(Virginia Undergrounding District) -Adopt Resolution of Issuance,Bond Indenture Agreement and Placement Agent Agreement (Office of the Town Manager/Department of Public Works) AI-4. Trestle Trail - Consider proposal by Jim Wood to install planting and picnic table area around the Trestle Trail site(Office of the Town Manager) PUBLIC HEARINGS PH-1. Municipal Code Amendments &r Revised Fee Schedule for Animal Control Services - Consider: a)Amendments to Title VI,Chapter 20 (Animals)-Introduction and first reading of ordinance b)Revised fee schedule for Animal Control Services (Community Development Department) PH-2. 2018-19 Municipal Budget and Capital Improvement Program - Introduction of Fiscal Year 2018-19 Municipal Budget and Capital Improvement Program (Office of the Town Manager/Department of Administrative Services) TOWN COUNCIL REPORTS TOWN MANAGER REPORT WEEKLY DIGESTS • Town Council Weekly Digests-May 18&25,and June 1,2018 ADJOURNMENT GENERAL PUBLIC INFORMATION ASSISTANCE FOR PEOPLE WITH DISABILITIES In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting,please contact the Town Clerk at (415) 435- 7377. Notification 48 hours prior to the meeting will enable the Town to make reasonable arrangements to ensure accessibility to this meeting. AVAILABILITY OF INFORMATION Copies of all agenda reports and supporting data are available for viewing and inspection at Town Hall and at the Belvedere-Tiburon Library located adjacent to Town Hall. Agendas and minutes are posted on the Town's website, www.townoftiburon.org. Upon request, the Town will provide written agenda materials in appropriate alternative formats, or disability-related modification or accommodation, including auxiliary aids or services, to enable individuals with disabilities to participate in public meetings. Please send a written request, including your name, mailing address,phone number and brief description of the requested materials and preferred alternative format or auxiliary aid or service at least 5 days before the meeting. Requests should be sent to the Office of the Town Clerk at the above address. PUBLIC HEARINGS Public Hearings provide the general public and interested parties an opportunity to provide testimony on these items. If you challenge any proposed action(s) in court, you may be limited to raising only those issues you or someone else raised at the Public Hearing(s) described later in this agenda, or in written correspondence delivered to the Town Council at,or prior to,the Public Hearing(s). TIMING OF ITEMS ON AGENDA While the Town Council attempts to hear all items in order as stated on the agenda, it reserves the right to take items out of order.. No set times are assigned to items appearing on the Town Council agenda. CC-1- TOWN C-1.TOWN COUNCIL SPECIAL & REGULAR MEETING DRAFT MINUTES SPECIAL MEETING —6:30 P.M. On a 16 018, the Co cil held a special meeting as follows: C LL TO OR AND ROLL CALL Councilmember Fredericks, Councilmember Thier, Councilmember Wehner, Vice Mayor Kulik, Mayor Fraser CLOSED SESSION CONFERENCE WITH LABOR NEGOTIATOR (Government Code Section 54957.6) Agency designated representatives: Town Manager Greg Chanis, Director of Administrative Services Heidi Bigall, Management Analyst Suzanne Creekmore, Town Attorney Ben Stock Employee organization: Tiburon Police Association and Service Employees International Union (SEIU) ADJOURNMENT—to regular meeting REGULAR MEETING —7:30 P.M. Mayor Fraser called the regular meeting of the Tiburon Town Council to order at 7:30 p.m. on Wednesday, May 16, 2018, in Town Council Chambers, 1505 Tiburon Boulevard, Tiburon, California. ROLL CALL PRESENT: COUNCILMEMBERS: Fraser, Fredericks, Kulik, Thier, Welner ABSENT: COUNCILMEMBERS: None PRESENT: EX OFFICIO: Town Manager Chanis, Town Attorney Stock, Director of Administrative Services Bigall, Chief of Police Cronin, Management Analyst Creekmore, Associate Engineer Lashkevich, Town Clerk Stefani ORAL COMMUNICATIONS There were none. Toi-vn Council Minutes 913-2018 DRAFT May 16, 2018 Page I PRESENTATION P-1. Annual Arts Educator Award—Presentation of award to Annelies Atchley(Heritage& Arts Commission) The Heritage & Arts Commission presented the Arts Educator Award to Annelies Atchley, who thanked the Commission, the Council and her past students, particularly those in the audience. CONSENT CALENDAR CC-1. Town Council Minutes—Adopt minutes of May 2, 2018 special and regular meetings (Town Clerk Stefani) CC-2. Town Council Minutes—Adopt minutes of May 3, 2018 special meeting(Town Clerk Stefani) CC-3. Zoning Text Amendments — Adopt zoning text amendments relating to parking standards, zoning permits and room and board provisions in single family dwellings (Community Development Department) MOTION: To adopt Consent Calendar Items 1-3, as written. Moved: Fredericks, seconded by Kulik VOTE: AYES: Unanimous ACTION ITEMS AI-1. Fiscal Year 2018-19 Preliminary Budget Information Session—Receive staff report and presentation on a broad overview of the Town's financial condition(Town Manager Chanis/Department of Administrative Services) Town Manager Chanis said staff had met with the finance ad hoc subcommittee to review the proposed FY 2018-19 Municipal Budget. He said the full proposed budget will be presented at the June 6 Town Council meeting,and is scheduled for adoption at the June 20 meeting.Chanis said this workshop is meant to be a high-level overview of the upcoming budget. Chanis said the budget will be approximately $21.3 million. He said property tax makes up the majority of the Town's revenue. Chanis explained several changes from last year's budget: he said the operating revenue is increasing approximately 5.5%and the operating expenditures will increase approximately 6.8%. He presented a graph illustrating trends of operating expenditures over time. Long Term Liabilities: Ca1PERS and OPEB Town Manager Chanis said the Town has two long term liabilities associated with pensions and retiree health benefits: Ca1PERS and OPEB. Of the CalPERS liability, Chanis said the Town is required to make certain payments to pay down the liability, and should expect to see a dramatic Town Council Minutes #13-2018 DRAFT MaY16, 2018 Page 2 increase in costs in the next several years. Of the OPEB liability, Chanis explained that this is a CalPERS requirement to offer a minimum healthcare benefit to all retired employees, but the Town is free to handle it however is possible. Chanis and Director of Administrative Services Bigall further explained that the Town phased out the maximum benefit for new employees, but 1 1 employees on staff still remain that could be eligible for the maximum benefit upon retirement. Chanis said the Town has been aggressive in paying down this liability. Capital Projects Chanis said Capital Projects in the budget are made up of capital outlay (equipment or technology related expenditures) and capital projects. Chanis reviewed several of the proposed capital outlay projects—a new electric vehicle,construction equipment for the McKegney Green renovation,and another small electric vehicle for Public Works staff to use while working on the Old Rail Trail. Chanis said the proposed Capital Project budget is just over$8 million.He reminded the Council of their last discussion at the Council/Staff retreat on the capital project priority setting process and summarized several of the upcoming capital projects including several street improvement projects, drainage projects and community projects. General Fund Reserves/Fund Transfers Chanis said staff is recommending several fund transfers in the proposed budget including a large payment toward the Town's long-term liabilities and approximately $2.4 million from the unallocated reserve to fund various capital projects and an additional long-term liability payment. Mayor Fraser opened the floor for public comment. There was none. No action taken. TOWN COUNCIL REPORTS None. TOWN MANAGER REPORT The Town Manager said the budget will be presented in detail on June 6, and is scheduled for adoption on June 20. WEEKLY DIGESTS Toren Council Minutes #13-2018 DRAFT May 16, 2018 Page 3 Received. ADJOURNMENT There being no further business before the Town Council of the Town of Tiburon, Mayor Fraser adjourned the meeting at 8:57 p.m. JIM FRASER, MAYOR ATTEST: LEA STEFANI, TOWN CLERK Town Council Minutes 413-2018 DRAFT Llah 16, 2018 Page 4 Town Council Meeting TOWN OF TIBURON 1505 Tiburon Boulevard June 6,2018 rr t Tiburon,CA 94920 Agenda Item: CC-� STAFF PO . To: Mayor and Members of the Town Council From: Office of the Town Clerk Subject: Recommendation to Adopt Resolutions Pertaining to the Nov her 6, 2018 General Municipal Election Reviewed By: !/ BACKGROUND The Town Clerk must notify the Marin County Registrar of Voters in the month of June of the Town's intention to conduct a municipal election for the purpose of electing members of the Town Council in November of even-numbered years. The terms of three members of the Town Council — Mayor Fraser, Councilmember Fredericks and Councilmember Welner — will expire in November of this year. Mayor Fraser and Councilmember Fredericks were appointed to the Council in lieu of election in November of 2013. Councilmember Welner was appointed to an interim seat on the Town Council in January 2018 to serve for the remainder of Emmett O'Donnell's term. All candidates are eligible to run again for four-year terms. Actions Required by Council The Council is asked to adopt a resolution calling for a municipal election to be held on November 6, 2018 to fill three seats on the Council. The Council will then be asked to adopt a resolution requesting that the Board of Supervisors consolidate this election with any elections being conducted by the County of Marin (which is the normal practice of all cities in Marin County). The cost of the election is estimated to be $1.75 - $3.00 per registered voter. There were 6,006 registered voters in Tiburon in the last election. Finally, the Council will be asked to adopt a resolution tonight requiring that the cost of Candidate's Statements in the upcoming election be borne by the candidates. This is and has been the Town's practice in previous elections. Election Calendar The nomination period for municipal candidates is July 16 — August 10, 2018. The nomination period will extend (for non-incumbents only) to August 15, 2018 if an incumbent does not file by it;'•;` .tiLUa I� 'it`...�f�l.s the August 10"' deadline. Other important dates for candidates are contained in the attached timetable, prepared by the Marin County Elections Department. RECOMMENDATION Staff recommends that the Town Council adopt the following resolutions on Consent Calendar: 1. Calling a General Municipal Election on November 6, 2018; 2. Requesting Consolidation of Election Services with the County of Marin; 3. Providing that the Cost of Printing of the Candidate's Statements shall be borne by the Candidates. Exhibits: 1. Draft Resolution—Call November 6,2018 General Municipal Election 2. Draft Resolution—Consolidation with County of Marin 3. Draft Resolution—Candidate's Statement 4. November 6, 2018 Election Calendar Prepared By: Lea Stefani,Town Clerk RESOLUTION NO. XX-2018 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ORDERING AND CALLING A MUNICIPAL ELECTION IN THE TOWN OF TIBURON ON NOVEMBER 6, 2018 FOR THE PURPOSE OF ELECTING THREE COUNCILMEMBERS BE IT RESOLVED by the Town Council of the Town of Tiburon, that it is hereby ordered as follows: Section 1. Date of Election - Offices to be Filled. A general municipal election is hereby called and ordered to be held in the Town of Tiburon, State of California, on Tuesday,November 6, 2018, for the purpose of electing three Town Councilmembers, the terms of the incumbents of which are about to expire; and Section 2. Procuring and Filing Nomination Papers. Nomination papers may be procured from the Town Clerk and shall be filed with the Town Clerk no later than 5:30 p.m. on the eighty-eighth day before the election, or August 10, 2018. Nomination papers may not be circulated prior to July 16, 2018 and must be filed no later than 5:30 P.M. on August 10, 2018. If any one of the incumbents does not file for re-election to office by August 10, 2018 at 5:30 P.M., the filing period for such office is extended until 5:30 P.M. on August 15, 2018, for non-incumbent candidates only. Section 3. Time When Polls Are Kept Open. The polls shall be opened at 7:00 A.M. of the day of said election, and shall be kept open until 8:00 P.M. in the evening of the same day, when the polls shall be closed, subject to the provisions of Section 10242 of the Elections Code. Section 4. Certification of Vote by Council. The Council shall meet at its usual meeting place on the first available date following the canvass of the vote by the County Registrar of Voters to certify the election and install the newly elected officers. The date of assuming office shall be Wednesday, December 5, 2018. Section 5. Publishing Notice of Election. The Town Clerk shall cause to be published in a newspaper of general circulation a Notice of Election which will include the date of election, hours the polls open and close and the offices to be filled. Town Council Resolution No.XX-2018 DRAFT June 6, 2018 1 EXHIBIT NO. t PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Tiburon on June 6, 2018, by the following vote: AYES: COUNCILMEMBERS: NAYES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR TOWN OF TIBURON ATTEST: LEA STEFANI, TOWN CLERK Town Council Resolution No.XX-2018 DRAFT June 6, 2018 2 DRAFT RESOLUTION NO. xx-2018 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON PROPOSING THAT AN ELECTION BE HELD IN ITS JURISDICTION, AND REQUESTING THE BOARD OF SUPERVISORS TO CONSOLIDATE WITH ANY OTHER ELECTION CONDUCTED ON SAID DATE, AND REQUESTING ELECTION SERVICES BY THE MARIN COUNTY ELECTION DEPARTMENT WHEREAS, it is the determination of the Town Council of the Town of Tiburon to call a general municipal election on November 6, 2018 at which election the issue to be presented to the voters shall be: To elect members to the Town Council Number of Regular Term Positions (4 years) = 3 NOW, THEREFORE, BE IT RESOLVED,that the Board of Supervisors of the County of Marin is hereby requested to: 1) Consolidate said elections with any other applicable election conducted on the same day; 2) Authorize and direct the Elections Department at District expense, to provide all necessary election services and to canvass the results of said election. BE IT FURTHER RESOLVED,that the Town Clerk is hereby ordered and directed to file a copy of this resolution with the Board of Supervisors of the County of Marin. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Tiburon on June 6, 2018, by the following vote: AYES: COUNCILMEMBERS: NAYES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR TOWN OF TIBURON ATTEST: LEA STEFANI, TOWN CLERK EXHIBIT NO. �- Town Council Resolution No. xx-2018 DRAFT June 6, 2018 Page I of I DRAFT RESOLUTION NO. xx-2018 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON PROVIDING THAT THE COST OF PRINTING AND HANDLING THE CANDIDATE'S STATEMENTSHALL BE BORNE BY THE CANDIDATE AND PAID FOR AT THE TIME NOMINATION PAPERS ARE FILED WHEREAS, Section 13307 of the California Election Code provides that candidates for nonpartisan elective office in any local agency, including any city, county, or district, may prepare a candidate's statement of qualifications, which statement may include the name, age and occupation of the candidate and a brief description of no more than 200 words of the candidate's education and qualifications; and WHEREAS, the amount for printing 200 words has been estimated by the County of Marin to be $193.00 for each typed candidate's statement of qualifications in the November 6, 2018 election; and $486.00 for the English and Spanish candidate's statement; NOW, THEREFORE, BE IT RESOLVED, that in the event a candidate wishes to avail himself/herself of the right to prepare a candidate's statement of qualifications, that the cost of printing will be borne by the candidate and not by the Town of Tiburon; BE IT FURTHER RESOLVED that the estimated cost of$193.00 (or $486.00) for printing candidate's statements of qualifications shall be paid for in advance by the candidate at the time Nomination Papers are filed with the Town Clerk. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Tiburon on June 6, 2018, by the following vote: AYES: COUNCILMEMBERS: NAYES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR TOWN OF TIBURON ATTEST: LEA STEFANI, TOWN CLERK Page 1 of 1 Town Council Resolution No.xx-2018 DRAFT June 6,2018 EXHIBIT NO. November 6 2018 City Elections General Municipal Election Consolidated November 6, 2018 Laws in effect in 2017(Calendar laws updated 1012016) (check with your county for their deadlines for arguments and rebuttal filings) 7_ 7Date(s) E minus to E minus ACtlOtl May 18 -172 Suggested Last Day to File Petitions Regarding Measure June 18 -141 Suggested Last Day for Council to Adopt Resolutions June 19 -140 Suggested Last Day to Post Notice of Deadline for Filing Arguments and Impartial Analyses June 19 Election Official to Publish Notice of Election—Measure(s)Only,No Candidates 7- 14 days after date Council puts Suggested Last Day to File Arguments&Impartial Analyses/Recommended to be 7-14 days measure(s)on the ballot after Council calls Election July 2 to July 16 -127 -113 Election Official to Publish Notice of Election-Candidates July 9 -120 Last Day to Adopt Regulations for Candidates Statements 10 days after Arguments are due Last Day to File Rebuttal Arguments/10 Days after Arguments July 16 to August 10 -113 -88 Filing Period for Nomination Papers and Candidate's Statements August 10 -88 Last Day to Call Election For Ballot Measures August 10 by 5:00 pm -88 Last Day for County to Receive Resolutions Requesting Services or Consolidation August 10 -88 Last Day to File Nomination Papers(Consolidated Cities) August 15 -83 Last Day to File Nomination Papers—Extended Filing Period if incumbent fails to file August 15 -83 Last Day to Withdraw Measure(s)from Ballot August 16 -82 Secretary of State to Determine Order of Names on Ballot August 20 or August 27 -78 -71 Last Day of Public Review Period for Candidates Statements August 23 -75 Time to Cancel Election—Insufficient Candidates September 10 to October 23 -57 -14 Filing Period for Write—in Candidate October 8 -29 First Day for Mailing Permanent Vote by Mail Voter Ballots October 8 to October 30 -29 -7 Voters May Request Vote by Mail Ballots with Regular Applications October 16 -21 Last Day to Mail Voter Information Guides and Polling Place Notices October 22 -15 Last Day to Register to Vote October 23 -14 Last Day to File for Write—in Candidate October 30 -7 Last Day for Election Official to Publish Notice of Nominees October 31 to November 6 -6 0 Emergency/Late Vote by Mail Voting Period November 5 -1 Last Day for Council to Adopt Procedures to Resolve Tie Vote November 6 0 ELECTION DAY November 9 3 Last Day to Receive Vote by Mail Voter Ballots If Postmarked on Election Day November 14 8 Last Day to Receive Signed"Unsigned Ballot Statements"for unsigned Vote by Mail Voter Ballots No Later Than December 14 38 Last Day to Declare Results&Install Newly Elected Mayor,Councilmember(s),Etc. December 4 December 21 E+30+15+? Reorganize Council and Choose Mayor Pro Tem(and Mayor if applicable) April 1, 2019 Last Day to Submit Report on Measures to Secretary of State BXI-IIBIT NQ. -4- (R9/6/2017) Prepared by Martin+Chapman Co. www.martinchapman.com .': TOWN OF TIBURON Town Council Meeting -Line 6, 2018 �. 1505 Tiburon Boulevard t1 Agenda Item: c3 Tiburon, CA 94920 ST REPORT To: Mayor and Members of the Town Council From: Administrative Services Department Subject: Inv9stment Summary —April 2018 Reviewed By: G� BACKGROUND Pursuant to Government Code Section 53601, staff is required to provide the Town Council with a report regarding the Town's investment activities for the period ended April 30, 2018. ANALYSIS April 2018 Agency Interest Investment Amount Rate Maturity Town of Tiburon Local Agency Investment 26,551,462.51 1.661% Liquid Fund (LAIF) Money Market(Bank of $ 100,000.00 0.150/() Liquid Marin) Total $26,651,462.51 The total invested at the end of the prior month was $24,410,793.02, therefore; the Town's investments increased by $2,240,669.49 over March 2018. This substantial increase is due to the receipt of the second installment of secured property taxes and excess ERAF. FINANCIAL IMPACT No financial impact occurs by accepting this report. The Town continues to meet the priority principles of investing— safety, liquidity and yield in this respective order. RECOMMENDATION Staff recommends that the Town Council: Move to accept the hlvestment Summary for April 2018 Prepared By: Heidi Bigall, Director of Administrative Services TOWN OF TIBURON Town Council Meeting C n; 1505 Tiburon Boulcvarcl unc 6, 2018 Tiburon, CA 94920 item: Al — STAFF PO. To: Mayor and Members of the Town Council From: Heritage & Arts Commission Subject: Recommendation of Heritage & Arts Commission to Adopt Resolution Appointing Mr. Richard Rozen to the Position of Artist Laureate and Authorize the Town Manager to Enter into Agreement with Mr. Rozen BACKGROUND On September 5, 2001 by resolution of the Town Council, Professor Yeh Jau Liu was designated as the first Artist Laureate of the Town of Tiburon. Because no selection process was in place at the time, a group of supporters and advocates brought Professor Liu's name forward both for Liu and for the creation of the position of Laureate itself. Professor Liu served for almost two years painting original artworks to be given as awards. After a 2-year term, Professor Liu passed away, and the position remained open for 5 years after which Heritage & Arts undertook the search for another Artist Laureate to benefit the community. A selection process was developed and from several capable finalists, Mary Musalo was selected and served for a 4-year term. Ms. Musalo set the scope and goals of the position, providing opportunity and encouragement for the artists of the Tiburon peninsula through ongoing art programs. Upon the closure of Ms. Musalo's term in 2012, the Heritage & Arts Commission put out the call for a new Artist Laureate. Ms. Etemad carried on and expanded the community education program started by Ms. Musalo. Ms. Etemad capped her term with a groundbreaking exhibit for the peninsula, celebrating the peninsula's long-time residents in story and pictures and tonight the Town Council will present her with a commendation in appreciation of her dedicated service to the Tiburon comnnmity. ANALYSIS The current Artist Laureate term expired in September of 2016. After careful review of the position itself and the selection process, a thorough outreach was undertaken by the commission for a new Artist Laureate. Through this selection process, a new Laureate has been chosen for recommendation to the Town Council. That person is a local artist, a serious community supporter and volunteer and long-time Tiburon resident, Richard Rozen. Mr. Rozen's background in the arts covers 45 years, and his commitment to public service is solid. If selected by the Town Council for this honor, Mr. Rozen plans to continue with the features of the former Laureate's program and expand it in order to meet the new challenges and breakthroughs of today's society. Mr. Rozen has expressed a desire to work directly with the artists of the peninsula, as well as doing public outreach to see how the changing demographics affect what type of art the people want to see in their town. He is particularly interested in the promotion of quality public art pieces,possible environmental installations, and small "discovery" pieces. Having already been involved with the Reed School District in the past, he is also keen to become involved with student educational programs. Mr. Rozen intends to reach out to all heads of the community, through the Town Council, the school boards, and others in order to bring art to the forefront in our community. STAFF RECOMMENDATION Staff recommends that the Town Council: 1. Present Jaleh Etemad with Artist Laureate commendation. 2. Act upon the recommendation of the Heritage & Arts Commission and adopt the attached resolution appointing Richard Rozen to the position of Artist Laureate for the term, June 2018 to June 2022. Exhibits 1. CUrrieUln111 Vitae 2. Criteria for Laureate Selection 3. Resolution 4. Artist Laureate Agreement 2018 Prepared By: Patti Pickett, Staff Liaison Heritage&Arts Commission STATEMENT Richard Rozen rrozen@pacbell.net WE FIND OUT WHAT WE NEED TO KNOW BY TAKING APART WHAT WE SEE BIO Studied drawing and painting at College of Marin with Ray Rice Advanced painting workshop at San Francisco Art Institute Solo exhibition at San Francisco State University 1983 Exhibition at Congregation Sherith Israel 1988 Artisans Gallery Mill Valley Best in Show 2000 Cover and interior artwork, Mapmaker of Absences poetry by Maria Benet 2004 Group show Sausalito Drawing Group 2016 Solo Exhibition Belvedere-Tiburon Library 2016 Group show Sausalito Drawing Group 2017 Juried exhibition at O'Hanlon Art Center Mill Valley "Landscapes: Real or Imagined" 2017 Juried exhibition at Marin Museum of Contemporary Art"Light" second place award 2017 Juried exhibition at O'Hanlon Art Center"Abstract Figurative" Mill Valley 2017 Group show Belvedere-Tiburon Library 2017 Member show at O'Hanlon Art Center 2018 Member show at Marin Museum of Contemporary Art "InnerScapes" Honorable Mention 2018 Studio Visit Magazine national juried competition accepted for publication in Vol 41 2018 Member, Marin MOCA since 2010 EXHIBIT NO. 0.n iol N 8 TIBUROH H E R ITAC E A R T S COMMISSION "y Er: L SEA Town of Tiburon Heritage &Arts Commission IN 1505 Tiburon Boulevard,Tiburon, CA 94920 415-435-7373 www.townoftiburon.org I'MName I \ ' ��'1ih , R" Mailing Address,,-3 ri Phone415� '�c0 Email �fZ�O Website link ze'YICt;'yt Length of residency in Tiburon/Belvedere 4- 1 m I& How long have you been an active artist? P1 � Yaw S, r-4t �iRg : ✓y/�� Artwork Medium ! 0(- ( 2 OZ OCa)r q I t Gam, �x 1. Sample hard copy photographs of your art work. (Please label on back). r 2. Digital examples of your artwork—Email to: > u: M 3. Written response to "Discussion Topics for Interview Screening Process' � 4. One page resume summarizing your career. This should include any special achievements or awards received. EXIIBIT N®. ,,2 T 1 8 URO M M B R I T A G 6 A R T 8 COMMISSION Artist Laureate Selection Criteria After lengthy research and discussion,the Heritage &Arts Commission agreed upon the following list of criteria for the selection of future town Artist Laureates. 1. The Laureate should be a visual artist. 2. The Laureate must be a resident of Tiburon or Belvedere. 3. The Laureate must have a critically acclaimed body of work, which is informed or colored by living in the Bay Area. 4. The Laureate must be willing to contribute to the community and/or civic events through his/her work. 5. The Laureate will serve for a term of four years. 6. When the term is complete, the position may remain open until a qualified candidate is found. 7. The Heritage &Arts Commission will review and budget annually for a modest stipend of approximately$250 per year to be paid to the Laureate. Expenses will be reimbursed separately for projects assigned by the Town to the Laureate. 8. To select a new Laureate, a special committee shall be put together to recommend a candidate for Town Council consideration. The committee shall be comprised of: a)The previous Laureate b) Two Heritage&Arts Commission members c) An art professional who is not a candidate for the position d) The Tiburon Mayor or his/her designee 9. The recommended candidate will be brought forward for Town Council appointment. All members of the s ecial committee must be Tiburon/Belvedere residents and/rTiburon/Belvedere business owners. Following is the screening process: a) Heritage&Arts Commission pre-screens all applicants down to a maximum of 5 candidates. b) Special Committee further screens to one final candidate C) Proposed candidate brought forward to Town Council for appointment. T I B U R O N NIIRITACB A R T S COMMISSION �6 Tiburon Artist Laureate Potential Interview Topics 1. How do you see the role of the "Artist Laureate" in a small suburban town like Tiburon? How might it be different from similar positions in larger cities, like San Francisco? 2. We offer a small annual budget ($1000) for your civic contribution. How might you meet the challenges of a restricted budget? 3. How might you work with the Tiburon Heritage and Arts Commission, the Landmarks society, the Tiburon-Belvedere Library,The Ranch and other creative civic entities on the peninsula to further artistic education? 4. Please provide some examples of artistic leadership positions you have held during your career in the arts. 5. If you were able to help facilitate artistic growth on the peninsula, what methods might you employ to reach your goals? 6. What art project or activity could you envision creating to involve public participation on the Tiburon Peninsula? (Your particular artistic forte would probably be the inspirational force behind any such project). 7. Preservation of Tiburon's history is of foremost importance to many individuals and groups on the Peninsula. Through your artistic abilities, how do you think you might enhance historic preservation in our community? 8. What other projects, if any, would you initiate in order to foster the arts in our community? 1. Try to determine interest in public art among the general population and governing bodies. Consider interviews and online polling. 2. Sponsor a focus group of art related groups: The Ranch, Bel-Tib. Library, Landmarks, Heritage and Art Committee. Include interested town officials. 3. Review the policy and procedures for approving public art projects. 4. Emphasize the educational component in producing and exhibiting an art project. 5. Considerations to help with budget restrictions: exhibits need to be self-contained, ideally re-usable and easy to store, exhibits need to be flexible and adaptable, and must have modest start-up costs. 6. Possible art projects: An art and music experience...the "blue box" an interactive digital wall working with school children digital art projections of historical Tiburon 7. Leadership positions: first chair of the Reed School Foundation to restore art and music in the schools....Reed School District Trustee....Tam High School District Trustee....first chair of the Bel-Tib. Library Agency. RESOLUTION NO. 2018 A RESOLUTION OF THE TIBURON TOWN COUNCIL DESIGNATING RICHARD ROZEN AS THE TOWN OF TIBURON'S ARTIST LAUREATE WHEREAS Richard Rozen had a very successful career in dentistry, all the while (45 years) nurturing his passion for creating art, and WHEREAS upon his retirement Richard merged right into his hobby, studying drawing and painting at the College of Marin as well as advanced painting at the San Francisco Art Institute, making art his full time "career in retirement", and WHEREAS, Richard Rozen has won awards for his art and participated in more than 14 group and solo exhibitions in the San Francisco bay area, and WHEREAS Richard has been serving the community throughout his residency through community service positions with the Belvedere-Tiburon Library and Reed School District, and feels the Laureate position is a natural extension of his community service and a chance to revitalize the Town's vision and approach to art, WHEREAS Richard was chosen by the 2018 Special Selection Committee to be recommended for Tiburon Artist Laureate filling the vacancy left by Jaleh Etemad, and WHEREAS Richard plans to continue the educational outreach programs started by prior Laureates, and desires to bring public art to the general population with a keen focus on benefitting both the artists and residents of the Tiburon peninsula, NOW THEREFORE BE IT RESOLVED that the Town Council of the Town of Tiburon does hereby appoint Richard Rozen as Tiburon's Artist Laureate. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Tiburon on June 6, 2018, by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR TOWN OF TIBURON ATTEST: LEA STEFANI, TOWN CLERK EXHIBIT N®. :T 1 B U R O N H E R I T A - E A R T S COMMISSION I I i Town of Tiburon Heritage & Arts Commission 1505 Tiburon Boulevard, Tiburon, CA 94920 415-435-7373 www.townoftiburon.org AGREEMENT FOR ARTIST LAUREATE This agreement is entered into this day of ,2018, by and between the Town of Tiburon, a municipal corporation (hereinafter "Town"), and Richard Rozen (hereinafter "Artist"). Recitals A. In September of 2001, by Resolution #49-2001, the Town Council established the position of Town Artist Laureate, and appointed James Yeh Jau Liu to the position. After Mr. Liu's demise, the position remained open for 5 years. B. On August 20, 2008, by Resolution #39-2008, based on the recommendations of a Selection Committee and the Heritage & Arts Commission, the Town Council appointed the second Artist Laureate, Mary Musalo, for a four-year term. Laureate Musalo's term in office has been fulfilled. C. On September 19, 2012, by Resolution #33-2012, based on the recommendations of a Selection Committee and the Heritage & Arts Commission, the Town Council appointed the third Artist Laureate, Jaleh Etemad, for a four-year term. Laureate Etemad's term in office has been fulfilled. NOW THEREFORE, the Town, the Commission and the Artist, for the consideration and under the conditions hereinafter set forth, agree as follows: 1. Scope of Services: The Town shall assign projects to the Artist as set forth in this Agreement ("Artist Services"). Possible Artist Services may include, without limitation, design of the following: a. Main Street Holiday Posters/Flyers b. Labor Day Parade Poster/Flyers c. Heritage Preservation Award Invitation d. Heritage Preservation Award —Annual award (in lieu of a trophy) e. Invitations to Town events such as the recent Fountain Inauguration, Sam Chapman Dedication Ceremony, or Town Anniversary Celebrations. Artist Laureate Agreement I EXI IIBIT lit®. f. Community outreach projects, such as art classes, activities and discussions. 2. Compensation: The Artist will receive an annual payment of Two Hundred Fifty Dollars ($250) to be paid on the date of appointment to the position, and then annually on the anniversary of the appointment. This annual payment shall be the sole payment for the Artist services except as expressly set forth in Section 3 of this Agreement. 3. Procedure for Assigning Artist Services. a. The Town may assign and reimburse the Artist for specific art projects as set forth in this section. An Artist Liaison from the Heritage & Arts Commission will serve as the project manager for the Artist services unless the Town Manager assigns another official or staff member. b. Either the Commission or the Artist may propose a specific Artist service. The Commission shall consult with the Artist regarding the scope and budget for each proposal. The budget may include reimbursement of the Artist for materials, publicity and similar out-of-pocket expenses, but shall not include compensation for the Artist's time beyond the payment described in Section 2 of this Agreement. c. The Artist shall, to the best of his/her ability, submit the scope and budget to the Commission for consideration in the form of a written Proposed Work Order for each fiscal year. (1) The Commission shall have the authority to approve and authorize the Town Manager to execute a Proposed Work Order whose costs are expected not to exceed $1000. This proposal shall become part of this Agreement. (2) The Town Council must approve any Proposed Work Order whose estimated cost is expected to exceed $1,000 provided that such monies have been appropriated or budgeted for such purpose and there is an unexpended and unencumbered balance of such appropriation sufficient to pay the expense of the work order. Upon execution, the work order shall become incorporated into this Agreement as an Artist service. d. The Artist is responsible for designing the assigned project. All reproduction of the projects will be handled by the Town. 4. Release and Waiver of Claims. The Artist services may involve individual participants in such activities as art classes, lectures and exhibitions. To enable the Town to sponsor such activities, the Artist shall take the following actions: a. The Artist shall require that each participant in an art class or other similar activity must sign a document approved by the Town Attorney that acknowledges that the participant is engaged in the activity at his or her own risk and waives and releases any claims that may arise from his or her participation in the activity. Artist Laureate Agreement 2 b. The Artist shall require that any person or entity that displays his or her art, collections, or other property of value sign a statement that they do so at their own risk and responsibility; that Town accepts no responsibility for any loss of or damage to the property and that they waive and release any and all claims that might arise from loss or damage to said property. 5. Insurance. Artist shall maintain comprehensive automobile liability, with a combined single limit of $1,000,000 for each single occurrence and $2,000,000 annual aggregate insurance. Town shall be added as an "interested party" to this policy, such that coverage shall be primary and non-contributory. The Artist shall invoice the Town for the cost of additional expenses of said endorsement, which invoice Town will pay within 30 days. 6. Copyright. a. Ownership of Work Product Which is Assigned to the Artist by the Town. All intellectual property rights in the works of Artist produced for the Town pursuant to this Agreement (including but not limited to copyright throughout the world) will be owned aoI intly by the Town and the Artist. Except as expressly authorized by this Agreement, no use of the copyright will be made by the Artist or the Town without the written consent of the other, which consent will not be unreasonably withheld. As used in this Agreement, the terms "work" or "works" means any work of the visual or graphic arts, including, but not limited to, paintings, drawings, sculptures, crafts, photographs, or films. Artist will, from time to time, upon request from Town, execute such document or documents as are necessary or desirable to evidence the license to Town of any copyright. Town may give, lend or sell works or copies of works without the consent of Artist, subject to the rights of Artist under the applicable provisions of the Visual Artists Rights Act and the California Civil Code. b. The Artist certifies that the works created pursuant to this Agreement will be unique works of art especially designed for the Town, and shall not duplicate or reproduce such works nor shall the Artist permit others to do so except with the written permission of the Town. c. The Town has the right to reproduce and distribute in printed form and on commercial documents and or brochures or any other literature of the Town, photographs, realistic renderings, videotapes, or films of the works. Such reproductions and use of the images of the Artwork for promotional purposes shall not constitute a breach of copyright and no royalty shall be due and payable by the Town to the Artist for such use. 7. Ownership of Work Product Originated Independently by Artist Laureate All intellectual property rights in the works of Artist produced pursuant to this Agreement as a work initiated by the Artist Laureate independently of Town projects (including but not limited to copyright throughout the world) will be owned exclusively by the Artist. As used in this Agreement, the terms "work" or "works" means any work of the visual or graphic arts, including, but not limited to, paintings, drawings, Artist Laureate Agreement 3 sculptures, crafts, photographs, or films. Artist will execute such document or documents as are necessary or desirable to evidence any copyright. As above, the rights of Artist are protected under the applicable provisions of the Visual Artists Rights Act and the California Civil Code. 8. Warranty of Non Infringement. With respect to each work created by Artist for Town, Artist warrants to Town that the work is an original work, and that no work infringes on any copyright, patent or other intellectual property rights belonging to persons other than Artist or Town. 9. Limitation of Liability. Artist will perform Services under the Agreement with the degree of care and skill ordinarily exercised by members of Artist's profession. Except for the warranty of non-infringement given in the preceding Section 7, Artist makes no other representations, warranties or guarantees, express or implied, with respect to the services, including but not limited to any warranty of merchantability or fitness for a particular purpose, nor shall Artist be liable for loss of profits or other losses to Town or other damages to any third party arising from the services. In no event shall Artist be liable for consequential, special, punitive and/or incidental damages relating to or arising out of the services, even if advised of the possibility of such damages. 10. Entire Agreement. The Agreement, the exhibits and schedules thereto together contain the entire agreement between the parties hereto with respect to the matters covered herein. 11. Governing Law; Venue; Dispute Resolution. The laws of the State of California shall govern this Agreement. If any dispute arises between the parties regarding this Agreement, to promptly participate in mediation with a recognized mediator with appropriate skill, fully and in a good faith effort to resolve any differences. In the event either party seeks judicial resolution of a dispute, the venue for such resolution shall be the County of Marin. 12. Partial Invalidity. If court of competent jurisdiction holds any provision of this Agreement to be unenforceable or contrary to public policy by any, then such provision shall be enforced to the maximum extent permitted by law, and the parties hereto consent and agree that the scope of such provision may be judicially modified accordingly such that the whole of the Agreement shall not thereby fail, but that the scope of such provision shall be curtailed only to the extent necessary to conform to applicable law. 13. Amendment; Waiver. The Agreement may not be modified or amended orally, nor may any provision hereof or thereof be waived orally by any party, but only in a written agreement executed by both parties thereto. It is understood that no waiver of any breach of any term hereof shall constitute a waiver of any preceding or succeeding breach of the same or any other term. 14. Assignment. The Agreement may not be assigned by Town without the prior written consent of Artist. Except as provided in the immediately preceding sentence, the Artist Laureate Aaeement 4 Agreement shall be binding upon and inure to the benefit of the heirs, successors and assigns of the parties hereto. 15. Section Headings. The section and paragraph headings in the Agreement are for convenience of reference only. 16. Credit To The Artist. All reproductions of the works by the Town shall contain a credit to the Artist. 17. Credit To The Town. The Artist shall give a credit in any public showing under the Artist's control of reproductions illustrations of the work to the Town. 18.. Annual Review. Town and Artist agree to meet on an annual basis to review the prior year and determine if both parties continue to be satisfied with activities occurring pursuant to the Agreement. The Parties agree to make good faith efforts to resolve any concerns or disagreements that arise. Artist reserves the right to withdraw from her position as Artist at any time upon submission of a letter of resignation to the Town. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by his/her respective authorized officers or representatives as of the day and year set forth below. TOWN: Artist: By: By: Greg Chanis, Richard Rozen Town Manager Artist Laureate APPROVED AS TO FORM: APPROVED AS TO FORM: Ben Stock, Town Attorney Artist Council Artist Laureate Agreement 5 TOWN OF TIBURON Town Council Meeting June 6, 2018 1505 Tiburon Boulevard /1. Tiburon,CA 94920 Agenda Item: STAFF REPORT To: Mayor and Members of the Town Council From: Department of Administrative Services Subject: Recommendation to Adopt a Revised Debt Management Policy Reviewed By: '�- BACKGROUND The Town of Tiburon's Financial Policies, dated June 18, 2001, include a section on Debt Management. On September 12, 2016, the Governor signed into law the California Debt and Investment Advisory Commission: Accountability Reports (Senate Bill 1029). The intent of Senate Bill 1029 ("SB 1029") was to facilitate improved financial transparency and public accessibility to information regarding public debt. SB 1029 requires that state and local agencies adopt comprehensive debt management policies that reflect local, state, and federal laws and regulations. In addition, it requires agencies to adopt these comprehensive debt management policies at least 30 days prior to the issuance of any new debt, beginning on or after January 1, 2017. The bill advises that public agency debt management policies reflect the recommendations of the Government Financial Officers Association (GFOA). Finally, the legislation requires all state and local debt issuance to be published in a single, transparent online database for public access. ANALYSIS SB 1029 specifically requires that local debt management policies shall include five key components. The recommendations set for by the GFOA also address these components: a. The purpose for which the debt proceeds may be used; b. The types of debt that may be issues; c. The relationship of the debt to, and integration with, the issuer's capital improvement program or budget, if applicable; d. Policy goals related to the issuer's planning goals and objective; and e. The internal control procedures that the issuer has implemented, or will implement, to ensure that the proceeds of the proposed debt issuance will be directed to the intended use. P111( The revised Debt Management Policy (Exhibit 2) complies with the requirements set forth in SB 1029 and the State Debt and Investment Advisory Commission, and aligns with GFOA recommendations. The proposed Debt Management Policy has been reviewed by the Town Attorney, the Town's Municipal Financial Advisor (Sperry Capital), and the Town's Bond Counsel. FINANCIAL IMPACT There is no impact on the General Fund or any other special revenue fund as a result of this action, beyond the cost of paying debt service on the bonds successfully issued. RECOMMENDATION Staff recommends that the Town Council move to approve a Resolution adopting a revised Debt Management Policy. Exhibits: 1. Draft Resolution adopting a revised Debt Management Policy 2. Draft Debt Management Policy 3. Current Debt Management Policy,dated June 18,2001 Prepared By: Heidi Bigall,Director of Administrative Services C7tt w O ill}6l Z{N 1t.ag 2 A,21 ..._. RESOLUTION NO. 2018-xx A RESOSLUTION OF THE TOWN COUNCIL OF "THE TOWN OF TIBURON ADOPTING REVISIONS AND ADDITIONS TO THE TOWN'S DEBT MANAGEMENT POLICY WHEREAS, California Senate Bill 1029 (SB1029) was signed into law on September 12, 2016; and WHEREAS, SB 1029 amends Section 8855 of the Government Code, requiring state and local agencies to adopt comprehensive debt management policies; and WHEREAS, SB 1029 requires that a comprehensive debt management policy be adopted at least 30 days prior to issuing any new debt on or after January 21, 2017; and WHEREAS, the Town Council desires to comply with state law as it related to debt issuance requirements established by SB 1029. NOW, THEREFORE, BE IT RESOLVED that the Town Council of the Town of Tiburon hereby adopts a Debt Management Policy, attached hereto as Exhibit A. PASSED AND ADOPTED by the Town Council of the Town of Tiburon on this 6°i day of June 2018, by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR ATTEST: LEA STEFANI, TOWN CLERK TOWN OF TIBURON DEBT MANAGEMENT POLICY I. INTRODUCTION and OBJECTIVES The Town of Tiburon ("the Town") Debt Management Policy ("the Policy") sets forth the debt management objectives for the Town, establishes overall parameters for issuing and administering debt, and provides policy guidance to decision makers. Implementation of the Policy will help to ensure that the Town maintains a sound debt position and protects its credit quality, as well as maintains compliance with California Government Code Section 8855 (i). This statute requires any issuer of public debt to certify with the California Debt and Investment Advisory Commission ("CDIAC") that the issuer has adopted local debt policies concerning the use of debt and any proposed debt issuance is consistent with those policies. In addition,Tiburon will file certain annual reports with CDIAC by January 1 of each year. The Town is committed to long-term financial planning, maintaining appropriate reserves and employing prudent practices in governance, management and budget administration.The Town's Policy goals and objectives are to provide the infrastructure and equipment necessary to meet the needs of the community and where current funds are not sufficient to meet this Policy goal, the issuance of debt in accordance with this Policy will be considered.The Town intends to issue debt only for the purposes stated in this Policy and to implement policy decisions to protect taxpayers, ratepayers (if applicable) and constituents by utilizing conservative financing methods and techniques so as to obtain the highest practical credit ratings (if applicable) and the lowest practical borrowing costs. The Town will comply with applicable state and federal law as it pertains to the maximum term of debt and the procedures for levying and imposing any related taxes, assessments, rates and charges. 11. SCOPE The Policy governs debt issuance and the ongoing administration activities related to any debt issued by the Town as defined in this Policy.This Policy is consistent with the Town's planning goals and objectives and capital improvement program or budget, as applicable. Ill. FINANCING POLICY • The Town may issue long-term debt to finance the construction, acquisition, and rehabilitation of capital infrastructure improvements and facilities, equipment and land to be owned and operated by the Town. • The Town will not use long-term debt to finance current operating expenditures. • The Town will utilize outside bond counsel and underwriting services, and may use a municipal advisor to ensure that the debt is issued in accordance with all State and federal regulations concerning bond provisions, covenants, taxation and disclosure. 1 • The Town shall ensure that the costs of issuance of any debt incurred, such as, but not limited to the services of bond counsel, municipal advisor and bond underwriter, project design, engineering and construction costs, fiscal and paying agent services, bond trustee, and assessment district administration will be charged to the bond issue to the extent permitted by law. • The Town will monitor revenue sources providing for repayment of the bonds to ensure that current and anticipated collections are sufficient for scheduled debt service payments. A. Types of Debt 1. Long-Term Debt Long-term borrowing may be used to finance the acquisition or improvement of land, facilities or equipment when it is appropriate to spread the financing over more than one year. Long-term borrowing may also be used to fund capitalized interest, costs of issuance, required reserves, and any other financing related costs which may be legally capitalized. Long-term borrowing shall not be used to fund operating costs. The Town may consider lease-purchase of high cost equipment if lease interest rate costs are less than the rate of return the Town may realize on its invested funds. In no case should the term of lease debt extend beyond the expected life of the equipment. 2. Short-Term Debt Short-term debt having a maturity of one year or less, may be issued for any purpose for which long-debt may be issued, including capitalized interest and other financing related costs. It may also be used to fund operating costs when issued and retired in the same fiscal year. The amount of short-term debt used for cash flow shortfalls will be based on cash flow projections for the year and the interest cost of this debt should be equal to, or less than the rate of return the Town realizes on its invested funds. B. Debt Issuance Conditions • Tiburon will keep outstanding debt within the practical limits of the Town's debt rating, projected revenue, debt service coverage ratio constraints and any other applicable state and federal law and regulations. • All debt to be issued must be approved in advance by the Town Council. • Debt may be used to refinance outstanding debt in order to produce net present value savings equal to or greater than 3.0% of the refunded principal amount whenever possible. C. Debt Instruments The following types of debt are allowable under this Policy: • General obligation bonds (GO Bonds) • Bond or grant anticipation notes (BANS) • Lease revenue bonds, certificates of participation (COPS) and lease-purchase transactions 2 • Other revenue bonds and COPS • Tax and revenue anticipation notes (TRANS) • Land-secured financings, such as special tax revenue bonds and limited obligation bonds issued under applicable assessment statutes D. Debt Service Coverage For debt secured by enterprise revenues, the Town shall maintain strict compliance regarding coverage of annual debt service by net revenues embodied in the terms of debt instruments. E. Intergenerational Concerns The Town will review debt issuance considering the balance between funding capital improvements from current revenue and from long-term debt and the impact each debt financing has relative to intergenerational benefits. F. Credit Quality The Town seeks to obtain and maintain the highest possible credit ratings for all categories of short and long-term debt. Except for certain instruments, the Town will not incur obligations that do not carry investment grade ratings from a nationally recognized rating service company. However, certain instruments, such as private placements, may not be rated. Ratings may be obtained from Moody's,S&P, Fitch, or other nationally recognized rating agencies. The Town will always have at least one rating and when beneficial will request additional ratings for long-term obligations that are publicly sold, whereas private placements may not require ratings. G. Method of Sale The Town Council or its designee shall be responsible for determining the appropriate way to offer any securities to investors and the most effective method of sale will be decided on a case by case basis. H. Maturity The Town shall issue debt with an average life less than or equal to the average life of the assets being financed.The final maturity of the debt should be no longer than 40 years. Factors to be considered when determining the final maturity of debt include: the average life of the assets being financed, relative level of interest rates and the year-to-year differential in interest rates. I. Maturity Structure The Town's long-term debt may include serial and term bonds. Serial bonds have sequential maturity dates scheduled at regular intervals.Term bonds have a long-term maturity date and single coupon and are redeemed in specified increments at set time intervals. Other maturity structures may also be considered which can be demonstrated to be consistent with the objectives of the Policy. J. Credit Enhancement 3 The Town may procure credit enhancement for a sale of bonds if the Town Manager, in consultation with the Municipal Advisor, determines that it is cost effective to do so. Credit enhancement may be bond insurance or bank letters of credit. K. Redemption Features& Refunding Policy To preserve flexibility and refinancing opportunities, the Town's debt will generally be issued with call provisions which enable Tiburon to retire the debt early or enable the refunding of the debt prior to maturity. III. COMMUNICATION AND DISCLOSURE POLICY A. Rating Agencies The Town shall maintain its strong ratings through prudent fiscal management and consistent communications with the rating analysts.The Town Manager shall manage relationships with the rating analysts assigned to Tiburon's credit, using both informal and formal methods to disseminate information. Communication with the rating agencies shall include: • Full disclosure, on an annual basis, of the financial condition of the Town; • A formal presentation when requested by the rating agencies, covering economic, financial, operational and other issues that impact the Town's credit; • Timely disclosure of major financial events that impact the Town's credit; • Timely dissemination of the Comprehensive Annual Financial Report, following its acceptance by the Town Council; and • Full and timely distribution of any documents pertaining to the sale of bonds. B. Bond Insurers The Town Manager shall manage relationships with the bond insurer analyst assigned to the Town's credit, if any. C. Disclosure Procedures The Town shall comply with SEC regulations on disclosure, which require municipal debt issuers to provide specified financial and operating information at the time of new bond issuance (Official Statement) and during the life of the bonds (Continuing Disclosure Annual Report). D. Trustee The Town Manager shall procure the services of a Trustee for the creation and maintenance of Town debt related funds dictated by bond documents. Such accounts include, but are not limited to: • Project • Escrow • Rebate • Debt Service • Cost of Issuance, and • Reserve 4 IV. DEBT ADMINISTRATION POLICY A. Investment of Bond Proceeds Investment of bond proceeds shall be consistent with federal tax requirements and with requirements contained in the governing bond documents. B. Record Retention and Disbursement of Bond Proceeds The IRS guideline for record retention is life of bonds plus 3 years. For refundings, the refunded bonds retention schedule is reset to match the refunding bonds retention schedule of life of refunding bonds plus 3 years. C. Arbitrage Compliance The Administrative Services Manager shall obtain a qualified firm to perform Arbitrage Rebate Calculations for all bond issuances and prepare reports and necessary filing documents as required. D. Debt Administration To ensure debt proceeds are used as intended,the Town shall implement internal control procedures that include at least the following: 1. All reimbursement claims for bond funded capital projects shall be reviewed by the Administrative Services Manager prior to submission to the Trustee. 2. The Town's accounting staff shall prepare periodic reports on the use of debt proceeds for management and Town Council review and external reporting as required by State law. Approved by Town Council on 2018. 5 6. DEBT MANAGEMENT POLICIES Issuance of Long-Term Debt The Town will not use long-term debt to finance current operating expenditures. The use of bonds, certificates of participation, or other instruments of indebtedness may be used for the purpose of financing significant capital improvement projects and infrastructure improvements. The term of the debt issued shall not extend beyond the normal expected life of the improvements that are to be financed. The Town may consider lease-purchase of high-cost items of equipment if lease interest rate costs are less than the rate of return the Town may realize on its invested funds. In no case should the term of lease debt extend beyond the expected life of the equipment. Issuance of Short-Term Debt The Town may consider incurring short-term operating debt, typically Tax and Revenue Anticipation Notes (TRANS), to bridge short-term cash flow shortfalls that may arise. The expenses associated with regular operations are normally covered by current revenues. However, because the Town receives the majority of its property tax revenues at two times during the year, and other revenues may fluctuate during the year, the Town may experience temporary cash shortfalls that may be financed. The amount of short-term debt will be based on cash flow projections for the year, and the debt will be repaid in one year or less. The interest cost of this debt should be equal to, or less than the rate of return the Town realizes on its invested funds. Debt Administration The Town will utilize outside bond counsel, investment banking, financial advisory, and underwriting services to ensure that the debt is issued in accordance with all State and federal regulations concerning bond provisions, covenants, taxation, and disclosure. The Town shall ensure that current and future costs incurred by the Town, such as, but not limited to, bond counsel, financial advisory and underwriting services, bond issuance, project design and construction costs, fiscal and paying agent services, and assessment district administration- will be charged to the bond issue to the extent allowable by law. The Town will utilize outside professional services to administer the debt service, bond reserve, and assessment district requirements of the bonds. The Town will monitor revenue sources of the bonds to ensure that current and anticipated collections are sufficient for scheduled debt service payments. The Town will monitor economic conditions in consideration of possible refunding or refinancing of bonds to reduce interest costs or principal outstanding, or to eliminate restrictive debt covenants. Pooled financings with other government agencies may be considered, where appropriate. `~ Town Council Meeting _ TOWN OF TIBURON b ' 1505 Tiburon Boulevard June 6, 2018 Tiburon, CA 94920 Agenda Item: Al STAFF PO . To: Mayor and Members of the Town Council From: Office of the Town Manager Subject: Assessment District No. 2017-2 (Virginia Undergrounding District)-Adopt Resolution of Issuance, Bond Indenture Agreement and Placement Agent Agreement. Reviewed By: BACKGROUND On May 3, 2017, the Town Council adopted Resolution No. 10-2017 declaring its intention to form Assessment District No. 2017-2 (Virginia Undergrounding District) (the "District") and declaring its intention to order the construction of certain improvements to underground utilities within the District (the "Improvements"). Resolution No. 10-2017 also declared the intent of the Town Council to issue bonds secured by the assessments to be levied on property in the District pursuant to the Improvement Bond Act of 1915, being Division 10 (commencing with Section 8500) of the Streets and Highways Code (the "1915 Act"). On March 21, 2018,the Town Council approved Resolution No. 15-2018 which confirmed assessments on the parcels within Assessment District No. 2017-2 (Virginia Underground District). As directed in Resolution No. 15-2018, the Town Clerk has caused a Not-lee of Assessment to be recorded in the Office of the County Recorder for the County of Marin and there is now a valid assessment lien recorded against all of the parcels against which assessments were levied. Tonight, the Town Council is requested to consider the approval of a Resolution of Issuance for a first series of bonds (the "Series A Bonds")pursuant to the 1915 Act (Exhibit 1). If the Resolution of Issuance is approved, then the Town will proceed to issue the Series A Bonds for the purpose of funding the design and engineering of the Improvements. Folio,"ing the design and engineering of the Improvements, the Town will go to bid and once the construction cost of the Improvements is known, the plan is to sell a second series of bonds pursuant to the 1915 Act to fund construction. It is estimated that the sale of the second series of bonds will occur in the spring of 2019; however, it is possible that this will be delayed depending upon the responsiveness of the utility companies involved with the undergrounding of the Improvements. It is also possible that the construction bid will exceed the amount of the assessments levied in I OHM-ii Mccrim 'hlf which case an alternate plan will need to be developed before construction can begin. The annual assessment installments needed to pay the debt service due on the Series A Bonds will be levied whether or not the Improvements are constructed. The Resolution of Issuance: • Appoints Stifel Nicolaus & Company, Incorporated ("Stifel") as the placement agent and underwriter for the Series A Bonds and the Series B Bonds. Given the small principal amount of the Series A Bonds estimated at approximately $300,000, the Series A Bonds will be placed by Stifel with a single purchaser. • Approves the form of the Bond Indenture pursuant to which the Series A Bonds will be issued. (Exhibit 2) • Approves the form of the Placement Agent Agreement between the Town and Stifel (Exhibit 3), • Appoints U.S. Bank National Association as trustee for the Series A Bonds. • Authorizes the Mayor and the "Town Manager to execute any and all documents necessary to accomplish the issuance of the Series A Bonds. Exhibit A to the Resolution of Issuance contains the good faith estimates related to the Series A Bonds which are required by Government Code Section 5852.1. FINANCIAL IMPACT There is no direct financial impact to the Town as a result of this action as all of the costs associated with the project will ultimately be paid by the property owners that live in the Assessment District. RECOMMENDATION Staff recommends that the Town Council: 1. Adopt Resolution of Issuance attached as Exhibit I Exhibits: 1. Resolution of Issuance 2. Bond Indenture 3. Placement Agent Agreement Prepared By: Greg Chanis, Town Manager .....__---- ----- RESOLUTION NO. _- RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON AUTHORIZING AND PROVIDING FOR THE ISSUANCE OF BONDS PURSUANT TO THE PROVISIONS OF THE IMPROVEMENT BOND ACT OF 1915 FOR THE TOWN OF TIBURON ASSESSMENT DISTRICT NO. 2017-2 (VIRGINIA UNDERGROUNDING DISTRICT) AND APPROVING CERTAIN DOCUMENTS AND AUTHORIZING CERTAIN ACTIONS IN CONNECTION THEREWITH WHEREAS, the Town Council of the Town of Tiburon (the "Town") has previously adopted Town Council Resolution No. 2996 supporting the undergrounding of overhead utility wires and poles and has adopted Policy and Procedures for the Formation of Utility Undergrounding Assessment Districts (the "Policies"); and WHEREAS, in accordance with the Policies, this Town Council has taken proceedings under the Municipal Improvement Act of 1913, Division 12 of the California Streets and Highways Code (the "Code") for the Town of Tiburon Assessment District No. 2017-2 (Virginia Undergrounding District) (the "Assessment District") and has confirmed an assessment, which assessment and a related diagram were recorded in the office of the Director of Public Works/Town Engineer, acting as the Superintendent of Streets, and with the County Recorder of the County of Marin (the "County"); and WHEREAS, a notice of assessment, as prescribed in Section 3114 of the Code, has been recorded with the County Recorder of the County, whereupon the assessment attached as a lien upon the property assessed within the Assessment District as provided in Section 3115 of the Code; and WHEREAS, the proceedings provide that bonds will be issued pursuant to the hnprovement Bond Act of 1915, Division 10 of the Code (the "1915 Act") to represent and be secured by the unpaid assessments on the parcels within the Assessment District; and WHEREAS, this Town Council desires to authorize the issuance of a first series of bonds (the "Series A Bonds") to be secured by a portion of the unpaid assessments for the purpose of financing the design and engineering costs related to the improvements for which the assessments were confirmed (the "Improvements"); and WHEREAS, it is the expectation of this Town Council that following the design, engineering and successful bidding of a contract to construct the Improvements that a second series of bonds (the "Series B Bonds") will be sold to finance the acquisition and construction of the Improvements. which bonds will be secured on a parity with the Series A Bonds; and WHEREAS, the Policies call for the Town to retain the services of a firm to assist in the pricing, selling and delivery of the bonds to be sold by the Assessment District and the Town requested proposals for underwriting services related to the sale of the Series A Bonds and the Series B Bonds and following an evaluation of the proposals submitted, the Town Manager is recommending that this Town Council retain the services of Stifel Nicolaus & Company. Incorporated ("Stifel") to act as the Placement Agent for the Series A Bonds and as the Underwriter for the Series B Bonds; and EXHIBIT NO. WHEREAS, there has been presented to this Town Council the form of a Bond Indenture (the "Bond Indenture") between the Town of Tiburon (the "Town") and U.S. Bank National Association, as Trustee (the "Trustee"); and WHEREAS, there has been presented to this Town Council the form of a Placement Agent Agreement (the "Placement Agent Agreement") between the Town and Stifel; and WHEREAS, this Town Council wishes to approve the forms of the Bond Indenture and the Placement Agent Agreement and the placement of the Series A Bonds with a purchaser identified by Stifel in accordance with the Placement Agent Agreement and to authorize the officers of the Town to take all actions required for the issuance of the Series A Bonds; and WHEREAS, in accordance with the requirements of Government Code Section 508,52.1, there has been presented to this Town Council and disclosed at the meeting at which this resolution is being adopted the information required by Government Code Section 5852.1(a)(]) which is attached hereto as Exhibit A; NOW, THEREFORE, the Town Council of the Town of Tiburon DOES HEREBY FIND, DETERMINE, RESOLVE, AND ORDER as follows: Section 1. The above recitals are all true and correct. Section 2. The Bond Indenture is approved in substantially the form presented to this Town Council; and each of the Ma)or, the Town Manager, the Director of Administrative Services and their written designees (individually an "Authorized Officer" and, collectively, the "Authorized Officers"), acting alone, is authorized and directed to execute, and the Town Clerk, or her written designee, is authorized to attest, the Bond Indenture substantially in the form approved with such additions thereto and changes therein as the Authorized Officer executing the Bond Indenture deems necessary to effectuate the placement of the Series A Bonds in accordance with the Placement Agent Agreement, or as required by the Town Attorney and the Town's Bond Counsel, Stradling Yocca Carlson & Rauth, a Professional Corporation (the "Bond Counsel"), for the issuance of the Series A Bonds. Approval of such changes shall be conclusively evidenced by the execution and delivery of the Bond Indenture by any one of the Authorized Officers. Section 3. The Placement Agent Agreement is hereby approved in the form presented and each of the Authorized Officers acting alone, is authorized and directed to execute the Placement Agent Agreement and the Series A Bonds shall be sold in accordance with the terms set forth therein. The Series A Bonds shall be issued pursuant to the provisions of the 1915 Act in an aggregate principal amount not to exceed $350.000, with a final maturity not later than September 2, 2049 and interest rates not to exceed twelve percent (12%) per annum. The Series A Bonds shall be issued upon the security of the unpaid assessments as set forth in the Bond Indenture. Subject to the foregoing limitations, the Series A Bonds shall be dated, be in such aggregate principal amount, bear interest at such rates, and mature on such date or dates and in such amounts as are set forth in the Bond Indenture upon the execution and delivery thereof in accordance with Section 2 above. The Series A Bonds shall be issued substantially in the form set forth in the 1915 Act, except as such form may vary from the terms and conditions set forth in the Bond Indenture. The principal amount of the Series A Bonds to be sold will be as determined by the Town Manager, or his designee not to exceed $350,000. 2 Neither the faith and credit nor the taxing power of the Town, the County, the State of California or any political subdivision thereof is pledged to the payment of the Series A Bonds. The Town is not obligated to advance available funds from the Town treasury to the Redemption Fund established under the Bond Indenture in the event of a delinquency in the payment of an assessment installment or installments. The Series A Bonds are not general obligations of the Town; they are limited obligations payable solely from the funds specified in the 1915 Act and the Bond Indenture. Section 4. All moneys in the Improvement Fund established under the Bond Indenture shall be applied exclusively to the payment of the costs of the design and engineering, construction and installation of the Improvements described in the Assessment Engineer's Report prepared in connection with the formation of the Assessment District, as approved by this Town Council and as now or hereafter amended or changed by appropriate change and modification proceedings, and all expenses incidental thereto. Any surplus remaining in the improvement Fund after payment of all costs of the Improvements and all legal charges, claims and expenses related thereto shall be applied in accordance with Section 10427 of the Code as determined by further action of this Town Council. Section 5. The provisions of Part 11.1 (commencing with Section 8760) of the 1915 Act, providing an alternative procedure for the division of land and the Series A Bonds, shall apply. Section 6. The Series A Bonds shall be registered as set forth in the Bond Indenture and the Trustee is hereby authorized and directed to authenticate the Series A Bonds and to deliver them in accordance with the terms of the Bond Indenture upon payment of the purchase price thereof. Section 7. The Authorized Officers and other officers of the Town are hereby authorized and directed, jointly and severally, to do any and all things and to execute and deliver any and all documents, including a Continuing Disclosure Agreement by and between the Town and NBS Government Finance Group, as dissemination agent, in a form approved by an Authorized Officer and Stifel, which they may deem necessary or advisable in order to consummate the sale and delivery of the Series A Bonds, and otherwise to effectuate the purposes of this Resolution and such actions previously taken by such officers are hereby ratified and confirmed. Section 8. Any action authorized or directed in this Resolution to be taken or performed by an Authorized Officer may be taken or performed by the written designee thereof with the same force and effect as if taken or performed by such Authorized Officer. Section 9. If any section, subsection, sentence, clause or phrase of this Resolution shall be for any reason held by a court of competent jurisdiction to be unconstitutional, invalid or unenforceable. such holding shall not affect the validity of the remaining portions hereof. This Town Council hereby declares that it would have passed this Resolution and each section, subsection, sentence, clause or phrase hereof irrespective of the fact that any one or more sections, subsections, sentences, clauses or phrases be declared to be unconstitutional, invalid or unenforceable, and such holding shall not affect the validity of the remaining portions hereof. Section 10. This Resolution shall be liberally construed to the end that its purpose may be effected. No error, irregularity or informality and no neglect or omission herein or in any proceeding had pursuant hereto which does not directly affect the jurisdiction of the Town Council shall void or invalidate this Resolution or such proceeding or any part thereof, or any act or determination made pursuant thereto. 3 Section 1 1. This Resolution shall take effect immediately upon its adoption. PASSED, APPROVED, and ADOPTED on June 6, 2018. JIM FRASER, Mayor ATTEST: LEA STEFANI, Town Clerk 4 EXHIBIT A GOOD FAITH ESTIMATES The good faith estimates set forth herein are provided with respect to the Series A Bonds in accordance with California Government Code Section 5852.1. Such good faith estimates have been provided to the Town by its Municipal Advisor. Principal Amount. The Municipal Advisor has informed the Town that, based on the Town's financing plan and current market conditions, its good faith estimate of the aggregate principal amount of the Series A Bonds to be sold is $305,000 (the "Estimated Principal Amount"). Based on the Estin;ated Principal Amount,the following good faith estimates are provided: (a) True Interest Cost of the Series A Bonds. The Municipal Advisor has informed the Town that, assuming that the Estimated Principal Amount of the Series A Bonds is sold, and based on market interest rates prevailing at the time of preparation of such estimate, its good faith estimate of the true interest cost of the Series A Bonds, which means the rate necessary to discount the amounts payable on the respective principal and interest payment dates to the purchase price received for the Series A Bonds, is 3.59°/x. (b) Finance Charge of the Series A Bonds. The Municipal Advisor has informed the Town that. assuming that the Estimated Principal Amount of the Series A Bonds is sold, and based on market interest rates prevailing at the time of preparation of such estimate, its good faith estimate of the finance charge for the Series A Bonds, which means the sum of all fees and charges paid to third parties, is $94,276, of which $79,500 is for costs of issuance to be paid from Series A Bond proceeds. $6,526 is for the Placement Agent's fee and $8,250 is for fees paid to the Trustee over the life of the Series A Bonds from funds other than Series A Bond proceeds. (c) Amount of Proceeds to be Received. The Municipal Advisor has informed the Town that, assuming that the Estimated Principal Amount of the Series A Bonds is sold, and based on market interest rates prevailing at the time of preparation of such estimate, its good faith estimate of the amount of proceeds expected to be received by the Town for sale of the Series A Bonds, less thefinance charge of the Series A Bonds paid from Series A Bond proceeds, which amount is estimated to be $79,500, and any reserves or capitalized interest to be paid or funded with proceeds of the Series A Bonds, which is estimated to be $61,538, is $160,101. (d) Total Payment Amount. The Municipal Advisor has informed the Town that, assuming that the Estimated Principal Amount of the Series A Bonds is sold, and based on market interest rates prevailing at the time of preparation of such estimate, its good faith estimate of the total payment amount, which means the stun total of all payments the Town will make to pay debt service on the Series A Bonds, plus the finance charge for the Series A Bonds as described in (b) above not paid with the proceeds of the Series A Bonds, calculated to the final maturity of the Series A Bonds, is $354,363 ($9,913 of which will be paid for from capitalized interest). The foregoing estimates constitute good faith estimates only. The actual principal amount of the Series A Bonds issued and sold, the true interest cost thereof, the finance charges thereof, the amount of proceeds received therefrom and total payment amount with respect thereto may differ from such good faith estimates due to (a) the actual date of the sale of the Series A Bonds being different than the date 5 assumed for purposes of such estimates, (b) the actual principal amount of Series A Bonds sold being different from the Estimated Principal Amount, (c) the actual amortization of the Series A Bonds being different than the amortization assumed for purposes of such estimates, (d) the actual market interest rates at the time of sale of the Series A Bonds being different than those estimated for purposes of such estimates, (e) other market conditions, or (f) alterations in the Town's financing plan, or a combination of such factors. The actual date of sale of the Series A Bonds and the actual principal amount of Series A Bonds sold will be determined by the Town based on the timing of the need for proceeds of the Series A Bonds and other factors. The actual interest rates borne by the Series A Bonds will depend on market interest rates at the time of sale thereof. The actual amortization of the Series A Bonds will also depend, in part, on rnarket interest rates at the time of sale thereof. Market interest rates are affected by economic and other factors beyond the control of the Town. 6 BONDINDENTURE By and Between TOWN OF TIBURON And U.S. BANK NATIONAL ASSOCIATION In Connection with TOWN OF TIBURON ASSESSMENT DISTRICT NO. 2017-2 (VIRGINIA UNDERGROUNDING DISTRICT) LIMITED OBLIGATION IMPROVEMENT BONDS 2018 SERIES A Dated as ofJuly 1, 2018 EXHIBIT NO. TABLE OF CONTENTS Pale ARTICLE I DEFINITIONS.............................................................................................................. 1 Section101. Definitions .............................................................................................................. l Section 102. Interpretation...........................................................................................................7 Section 103. Equality of Bonds; Pledge of Assessments; No Obligation to Cure Deficiency....7 ARTICLE II AUTHORIZATION AND ISSUANCE OF BONDS...................................................8 Section 201. Assessments............................................................................................................8 Section 202. "Type and Nature of Bonds; Limited Liability ........................................................8 Section 203. Authorization and Purpose of Bonds......................................................................8 ARTICLE III TERMS AND PROVISIONS OF BONDS ..................................................................9 Section 301. Terms of Bonds.......................................................................................................9 Section 302. Execution and Authentication............................................................................... l l Section 303. Registration, Exchange or Transfer...................................................................... l 1 Section 304. Bond Register....................................................................................................... 12 Section 305. Mutilated, I,ost, Destroyed or Stolen Bonds ........................................................ 12 Section 306. Form of Bonds; Temporary Bonds....................................................................... 13 ARTICLE IV REDEMPTION OF BONDS ...................................................................................... 13 Section 401. Provisions for the Redemption of Bonds.............................................................. 13 Section 402. Selection of Bonds for Redemption...................................................................... 14 Section 403. Notice of Redemption........................................................................................... 15 Section 404. Partial Redemption of Bonds................................................................................ 15 Section 405. Effect of Notice and Availability of Redemption Money..................................... 15 ARTICLE V CREATION OF FUNDS AND ACCOUNTS; APPLICATION OF PROCEEDS AND ASSESSMENTS ........................................ 16 Section 501. Funds and Accounts.............................................................................................. 16 Section 502. Costs of Issuance Fund......................................................................................... 17 Section 503. Assessment Fund .................................................................................................. 17 Section 504. Redemption Fund.................................................................................................. 18 Section505. Reserve Fund ........................................................................................................ 19 Section506. Rebate Fund..........................................................................................................20 Section 507. Improvement Fund................................................................................................22 Section508. Investments...........................................................................................................22 Section 509. Delinquency Resulting in Ultimate or Temporary Loss on Bonds.......................24 ARTICLE VI ISSUANCE OF BONDS ............................................................................................25 Section 601. Authorization and Designation of Bonds..............................................................25 Section 602. Denominations of Bonds ......................................................................................25 Section 603. Maturity Dates and Interest Rates of Bonds.........................................................25 Section604. Form of Bonds......................................................................................................26 Section 605. Application of Proceeds of the Sale of Bonds and of the Prepaid Amounts........32 ARTICLE VII COVENANT'S AND WARRANTY...........................................................................32 Section701. Warranty...............................................................................................................32 Section702. Covenants .............................................................................................................32 Section 703. Continuing Disclosure Agreement .......................................................................35 i TABLE OF CONTENTS (C0nfinuetl) Page ARTICLE VIIIAMENDMENTS TO AGREEMENT ........................................................................35 Section 801. Amendments Not Requiring Bondowner Consent...............................................35 Section 802. Amendments Requiring Bondowner Consent......................................................35 Section 803. Notation of Bonds; Delivery of Amended Bonds.................................................36 ARTICLEIX TRUSTEE...................................................................................................................37 Section901. Trustee ..................................................................................................................37 Section 902. Removal of Trustee...............................................................................................38 Section 903. Resignation of Trustee..........................................................................................38 Section 904. Liability of Trustee ...............................................................................................38 Section 905. Interested Transactions.........................................................................................40 Section906. Agents...................................................................................................................40 ARTICLE X EVENTS OF DEFAULT; REMEDIES......................................................................40 Section 1001. Event of Default....................................................................................................40 Section 1002. Remedies of Owners.............................................................................................40 ARTICLEXI DEFEASANCE...........................................................................................................41 Section1101. Defeasance............................................................................................................41 ARTICLEXII MISCELLANEOUS ...................................................................................................42 Section 1201. Cancellation of Bonds...........................................................................................42 Section 1202. Execution of Documents and Proof of Ownership...............................................42 Section 1203. Unclaimed Moneys...............................................................................................43 Section 1204. Provisions Constitute Contract; Successors..........................................................43 Section 1205. Further Assurances; Incontestability ....................................................................43 Section1206. Severability...........................................................................................................43 Section 1207. General Authorization ..........................................................................................44 Section 1208. Liberal Construction.............................................................................................44 Section1209. Notice....................................................................................................................44 Section 1210. Action on Next Business Day...............................................................................44 EXHIBIT A WRITTEN DELIVERY REQUISITION—COSTS OF ISSUANCE FUND.......A-1 EXHIBIT B WRITTEN DELIVERY REQUISITION—IMPROVEMENT FUND.................B-1 ii BOND INDENTURE This Bond Indenture, dated as of July 1, 2018 (the "Indenture"), is made and entered into by the Town of Tiburon (the "Town"), a municipal corporation of the State of California (the "State"), and U.S. Bank National Association, as trustee (the "Trustee") in connection with the Town of Tiburon Assessment District No. No. 2017-2 (Virginia Undergrounding District) (the "Assessment District"). YI7TNESSF,TIL WHEREAS, the "Town Council of the Town of Tiburon (the "Town Council") has taken proceedings under the Municipal Improvement Act of 1913, Division 12 of the California Streets and Highways Code (the "1913 Act"), for the formation of the Assessment District and has confirmed an assessment, which assessment and a related diagram were recorded with the Superintendent of Streets, and a notice of assessment, as prescribed in Section 3114 of the Code, has been recorded with the County Recorder of the County of Marin, whereupon the assessment attached as a lien upon the property assessed within the Assessment District as provided in Section 3115 of the Code; and WHEREAS, it is necessary and desirable that the Town sell a first series of bonds (the "Series A Bonds") pursuant to the Improvement Bond Act of 1915, Division 10 of the California Streets and Highways Code (the "1915 Act"), to be issued to represent a portion of the unpaid assessments; WHEREAS, it is contemplated that one or more additional series of bonds will be issued and will be secured on a parity with the Series A Bonds to represent a portion of the unpaid assessments and any supplemental assessments that might be levied pursuant to the 1913 Act on parcels within the Assessment District; In consideration of the mutual covenants herein contained and for other valuable consideration, the parties hereto do hereby agree as follows: ARTICLE I DEFINITIONS Section 101. Definitions. Unless the context otherwise requires, the following terms shall have the following meanings: "Administrative Expense Fund" means the Town of Tiburon Assessment District No. 2017-2 Administrative Expense Fund established with the Treasurer. "Administrative Expense Requirement" means an amount, not in excess of the aggregate maximum annual assessment for Administrative Expenses permitted to be levied within the Assessment District as set forth in the Engineer's Report, to be specified each year by the Treasurer to be used for Administrative Expenses. "Administrative Expenses" means the ordinary and necessary fees and expenses for determination of the Assessment and administering the levy and collection of the Assessment and servicing, calling and redeeming the Bonds, including any or all of the following: the fees and I expenses of the Trustee (including any fees or expenses of its counsel), the expenses of the Town in carrying out its duties hereunder (including, but not limited to, annual audits and costs incurred in the levying and collection of the Assessment) including the fees and expenses of its counsel and all other costs and expenses of the Town or the Trustee incurred in connection with the discharge of their respective duties hereunder and, in the case of the Town, in any way related to the administration of the Assessment District. "Agreement" means this Bond hndenture, as amended or supplemented pursuant to the terms hereof. "Assessment" or "Assessments" means the special assessments levied in the Assessment District in accordance with the 1913 Act and the Resolution of Formation, as modified by the Resolution of Change, exclusive of any assessments levied to pay Administrative Expenses, together with the net proceeds derived from any foreclosure proceedings and interest and penalties thereon. "Assessment District" means Town of Tiburon Assessment District No. No. 2017-2 (Virginia Undergrounding District). "Assessment Fund" means the Town of Tiburon Assessment District No. 2017-2 Assessment Fund established with the Trustee pursuant to Section 501 hereof. "Assessment Installment" means the annual portion of the Assessment levied to pay the principal of and interest on the Bonds which does not include assessments levied by the Town to pay Administrative Expenses. "Authorized Investments" mean any of the following which at the time of investment are legal investments under the laws of the State of California for the moneys proposed to be invested therein (the Trustee is entitled to conclusively rely upon any direction of the Town as a certification that such investment constitutes an Authorized Investment): (1) Direct obligations of the United States of America or obligations, the principal of and interest on, which are unconditionally guaranteed by the United States of America; (2) Investment agreements, including GICs, forward purchase agreements and flexible repurchase agreements acceptable to, and entered into by the Trustee for the benefit of the Town.: (3) Bonds, debentures, notes or other evidence of indebtedness issued or guaranteed by any of the following federal agencies and provided such obligations are backed by the full faith and credit of the United States of America (stripped securities are only permitted if they have been stripped by the agency itself): Farmers Home Administration (Furl-IA), Federal Housing Administration Debentures (FHA), General Services Administration, U.S. Department of Housing and Urban Development (HUD); (4) Bonds, debentures, notes or other evidence of indebtedness issued or guaranteed by any of the following non-full faith and credit U.S. government agencies (stripped securities are only permitted if they have been stripped by the agency itself): Federal Home Loan Bank Water System, Federal Home Loan Mortgage Corporation (FHLMC), Federal National Mortgage Association (FNMA), and Federal Farm Credit Bank Corporation (FFCB); (5) Money market funds registered under the Federal Investment Act of 1940, whose shares are registered under the Federal Securities Act of 1933, and having a rating by S&P of "AAAm-G," "AAA-m," or"AA-m" and if rated by Moody's, "Aaa", "Aa I", or"Aa 2", including funds for which the Trustee, its parent holding company, if any, or any affiliates or subsidiaries of the Trustee provide investment advisory or other management services; (6) Commercial paper rated, at the time of purchase, "Prime-1" by Moody's and "A-I" or better by S&P, limited to issuing corporations that are organized and operating within the United States and having total assets in 2 excess of five hundred million dollars and having an "A" or higher rating for such corporation and may not represent more than 10% of the outstanding paper of an issuing corporation; (7) Certificates of deposit, savings accounts, deposit accounts or money market deposits which are fully insured by FDIC, including BIF and SAIF; (8) Certificates of deposit secured at all times by collateral described in (1) above. Such certificates must be issued by commercial banks, savings and loan associations or mutual savings banks including the Trustee and its affiliates. The collateral rmust be held by a third party and the Town must have a perfected first security interest in the collateral; (9) The Local Agency Investment Fund (LAIF) created pursuant to Section 16429.1 of the California Government Code. to the extent the Trustee is authorized to register such investment in its narne on behalf of the Town; (10) Repurchase agreements that provide for the transfer of securities as described in (I) or (3) above from a dealer bank or securities firm to the Trustee, and the transfer of cash from the Trustee to the dealer bank or securities firm with an agreement that the dealer bank or securities firm will repay the cash plus a yield to the Trustee in exchange for the securities at a specified date of no greater than 30 days;(] 1) The Marin County Pooled Investment Fund; and(]2) Any other investment in which funds of the Town may be legally invested pursuant to its approved Investment Policy. "Authorized Representative of the Town" means the Town Manager, the Treasurer or their written designees or any other person or persons designated by the Town Council of the Town and authorized to act on behalf of the Town by a written certificate signed on behalf of the Town by the Mayor and containing the specimen signature of each such person. "Beneficial Owner" means any person which has or shares the power, directly or indirectly, to make investment decisions concerning ownership of any Bonds (including persons holding Bonds through nominees, depositories or other intermediaries). "Bond Counsel" means an attorney or a firm of attorneys, selected by the Town.. of nationally recognized standing in matters pertaining to the tax treatment of interest on bonds issued by states and their political subdivisions, duly admitted to the practice of law before the highest court of any state of the United States of America or the District of Columbia. "Bond Purchase Agreement" means a Placement Agent Agreement or a Bond Purchase Agreement authorized and executed by the Town and [Underwriter] for a series of Bonds. "Bond Register" means the books which the Trustee shall keep or cause to be ]sept pursuant to Section 304, on which the registration and transfer of the Bonds shall be recorded. "Bond Year" means the one year period or shorter period ending each year on September 1, or such other date as may be specified by the Town in the Tax Certificate. "Bondowner" or "Owner" means the person or persons in whose name or names any Bond is registered as shown on the Bond Register. "Bonds" means the Series A Bonds and any Parity Bonds issued pursuant to this Indenture. "Business Day" means any day of the year in New York, New York or Los Angeles, California other than a Saturday, Sunday, a day on which the New York Stock Exchange is closed or any day on which the Trustee is not open for business. 3 "Clerk" means the Town Clerk and his or her designee. "Closing Date" means the date of delivery of a series of Bonds by the Town and payment therefor by the original purchaser thereof. "Code" means the Internal Revenue Code of 1986, as amended. "Continuing Disclosure Agreement" means that certain Continuing Disclosure Agreement entered into by and between the Town and NBS Government Finance Group, as dissemination agent, and any similar agreement entered into by the Town with respect to any series of Parity Bonds for the purpose of providing certain ongoing financial and event disclosure to the Owners and Beneficial Owners of such Parity Bonds. "County" means the County of Marin. "Costs of Issuance Fund" means the Town of Tiburon Assessment District No. 2017-2 Costs Of Issuance Fund established with the Trustee pursuant to Section 501 hereof. "Town" means the Town of Tiburon, a municipal corporation organized and existing under the laws of the State of California. "DTC" means 'The Depository Trust Company, New York, New York, and its successors and assigns. "DTC Participants" means securities brokers and dealers, banks, trust companies, clearing corporations and other organizations maintaining accounts with DTC. "Engineer's Report" means the report concerning the Assessment District prepared by Harris & Associates, Assessment Engineer, as approved by the Town on March 21, 2018 and on file with the Town Clerk. "Federal Securities" means, subject to applicable law, United States Treasury notes, bonds, bills or certificates of indebtedness, including United States Treasury Obligations, State and Local Government Series ("SLGS") or other direct obligations issued by the United States Treasury for which the faith and credit of the United States are pledged for the payment of principal and interest; and obligations issued by banks for cooperatives, federal land banks, federal intermediate credit banks, federal home loan banks, the Federal Home Loan Bank Board, the Tennessee Valley Authority, or other federal agencies or United States Government-sponsored enterprises. "Fiscal Year" means the twelve-month period terminating on June 30 of each year, or any other amoral accounting period hereafter selected and designated by the Town as its Fiscal Year in accordance with applicable law. "Improvements" means the utility undergrounding improvements described in the Engineer's Report. "Improvement Fund" means the Town of Tiburon Assessment District No. 2017-2 Improvement Fund established with the Treasurer. 4 "hndependent Financial Consultant" means a financial consultant or firm of such consultants generally recognized to be well qualified in the financial consulting field, appointed and paid by the Town and who, or each of whom: (1) is in fact independent and not under the domination of the Town; (2) does not have any substantial interest, direct or indirect, with the Town; and (3) is not connected with the Town as a member, officer or employee of the Town, but who may be regularly retained to make annual or other reports to the "Town. "Interest Payment Date"means each March 2 and September 2, commencing March 2, 2019. "Investment Agreement" means any uncollateral ized Guaranteed Investment Contracts, ("GIC's"), forward purchase agreements and flexible repurchase agreements (with securities as described in (1) or (3) above) acceptable to, and entered into by the Trustee for the benefit of the Town with a provider that is any domestic or foreign bank, corporation or insurance company, whose senior long term debt obligations, deposit rating or claims-paying ability are rated, or guaranteed by an entity whose obligations are rated (at the time the investment is entered into) not lower than "A" by Moody's, or "A" by S&P, or "A" by Fitch (without regard to gradations of plus and minus within such categories). "1913 Act" means the Municipal Improvement Act of 1913, being Division 12 (commencing with Section 10000) of the California Streets and Highways Code. "1915 Act" means the Improvement Bond Act of 1915, being Division 10 (commencing with Section 8500) of the California Streets and Highways Code. "Nonpurpose Investment" means Authorized Investments described as Nonpurpose Investments in the Tax Certificate. "Notice of Assessment" means the Notice of Assessment recorded in the Office of the County Recorder of the County of Marin on March 30, 2018, as Document No. 2018-0011159. "Outstanding Bonds" or "Outstanding" means all Bonds theretofore issued by the Town, except: (1) Bonds theretofore canceled or surrendered for cancellation in accordance with Section 1201 hereof, (2) Bonds for the payment or redemption of which moneys shall have been deposited in trust (whether upon or prior to the maturity or the redemption date of such Bonds), provided that, if such Bonds are to be redeemed prior to the maturity thereof, notice of such redemption shall have been given as provided in this Indenture; and (3) Bonds defeased pursuant to Sections 1101(b) or (c) hereof. "Owner" means, with respect to any Bond, the person shown as the owner thereof in the Bond Register. 5 "Rebate Fund" means the fund by that name established pursuant to Section 501 hereof in which there are established the accounts described in Section 501 hereof. "Rebate Regulations" means any final, temporary or proposed Regulations promulgated under Section 148(0 of the Code. "Rebate Requirement" shall have the meaning ascribed to it in the Tax Certificate for a series of Bonds. "Record Date" means the fifteenth day of the month preceding an Interest Payment Date, whether or not such day is a Business Day. "Redemption Fund" means the Town of Tiburon Assessment District No. 2017-2 Redemption Fund established with the Trustee pursuant to Section 501 hereof. "Reserve Fund" means the Town of Tiburon Assessment District No. 2017-2 Reserve Fund established with the Trustee pursuant to Section 501 hereof. "Reserve Requirement" means, on each September 2nd (the calculation date), the least of (i) 10% of the net proceeds derived from the sale of the Bonds, (ii) maximum annual debt service on the Outstanding Bonds, if any, or (iii) 125% of average annual debt service on the Outstanding Bonds. "Resolution of Formation" means Resolution No. 15-2018 adopted by the Town Council on March 21, 2018, forming the Assessment District and confirming the levy of assessments in accordance with the Engineer's Report presented at such meeting. "Resolution of Intention"means Resolution No. 10-2017 adopted by the Town Council of the Town on May 3, 2017, stating the Town's intention, among other things, to issue the Bonds. "Resolution of Issuance" means Resolution No. , adopted by the Town Council of the Town on June 6, 2018, authorizing the issuance of the Series A Bonds and approving the terms and provisions of this Indenture. "Securities Depositories" means The Depository Trust Company, 55 Water Street, New York, New York 10041, Attn: Redemption Area, Facsimile transmission: (212) 855-7232, (212) 855-7233, or such other securities depositories as are designated by the Town or the Paying Agent and whose business is to perform the functions of a clearing agency with respect to exempted securities, as defined in Section 3(a)(12) of the Securities Exchange Act of 1934, and who is registered as a clearing agency under Section 17A of the Act, such other addresses and/or such other securities depositories as the Town may designate in a Certificate of the Town delivered to the Trustee. Series A Bonds" means the Town of Tiburon Assessment District No. No. 2017-2 Limited Obligation Improvement Bonds Series A issued pursuant to this Indenture. "Six-Month Period" means the period of time beginning on the Delivery Date of Bonds. as applicable, and ending six consecutive months thereafter, and each six-month period thereafter until the latest maturity date of the Bonds (and any obligations that refimd an issue of the Bonds). 6 "Superintendent of Streets" means the Public Works Director/Town Engineer, or his or her designee. "Supplemental Bond Indenture" or "Supplement" means any supplemental agreement amending or supplementing this Indenture. "Tax Certificate" means the Tax Certificate delivered upon the issuance of the Bonds. "Teeter Plan" means the Teeter Plan established by the County pursuant to California Revenue and Taxation Code Sections 4701 et seq "Town Council" means the Town Council of Town of Tiburon. "Treasurer" means the Treasurer of the Town, or his or her designee. "Trustee" means U.S. Bank National Association, a national banking association duly organized and existing under and by virtue of the laws of the United States of America, or any other bank or trust company which may at any time be substituted in its place as provided in Sections 902 and 903 and any successor thereto. "Yield on the Bonds" has the meaning as described in the Tax Certificate for a series of Bonds. Section 102. Interpretation. (a) Unless the context otherwise indicates, words expressed in the singular shall include the plural, and vice versa and the use of the neuter, masculine, or feminine gender is for convenience only and shall be deemed to mean and include the neuter, masculine or feminine gender, as appropriate. (b) Headings of articles and sections herein and the table of contents hereof are solely for convenience of reference, do not constitute a part hereof and shall not affect the meaning, construction or effect hereof. Section 103. Equality of Bonds; Pledge of Assessments; No Obligation to Cure Deficiency. Pursuant to the 1913 Act, the 1915 Act and this Indenture, the Bonds shall be equally payable from the Assessments without priority for number, issue date, date of sale, date of execution or date of delivery, and the payment of the interest on and principal of the Bonds and any premiums upon the redemption thereof shall be exclusively paid from the Assessments and moneys on deposit in the Assessment Fund, Redemption Fund and the Reserve Fund which are hereby set aside for the payment of the Bonds. The Assessments, the amounts in the foregoing funds, and any interest earned Oil such funds shall constitute a trust fund held for the benefit of the Owners of the Bonds to be applied to the payment of the interest on, premium, if any, and principal of the Bonds and so long as any of the Bonds remain Outstanding and shall not be used for any other purpose, except as permitted by the 1913 Act, the 1915 Act, this Indenture or any Supplemental Bond Indenture. Nothing in this Indenture or any Supplemental Bond Indenture shall preclude the redemption prior to maturity of any Bonds subject to call and redemption and payment of said Bonds from proceeds of refunding bonds issued under the Refunding Act of 1984 for 1915 Improvement Act Bonds or under any other law of the State of California. 7 ARTICLE II AUTHORIZATION AND ISSUANCE OF BONDS Section 201. Assessments. The Assessments remaining unpaid, and the aggregate principal amount thereof, have been determined by the Treasurer and the Treasurer has filed a list of said Assessments in the office of the Superintendent of Streets. For a particular description of the lots or parcels of land bearing the respective assessment numbers set forth in said unpaid list and upon which Assessments remain unpaid, reference is hereby made to the Notice of Assessment and to the diagram recorded in the office of the Superintendent of Streets after confirmation of the Assessments by the Town Council through the adoption of the Resolution of Formation, the several lots or parcels of land represented by said assessment numbers being so numbered and designated upon the diagram and Assessments as so confirmed and recorded. Collection of the remaining Assessments shall cease in the event sufficient moneys are available to redeem the Bonds as provided in Section 505. Section 202. Type and Nature of Bonds; Limited Liability. Notwithstanding anything contained herein, in the Bonds, in the 1915 Act, any other provision of law, or in any of the resolutions adopted in connection with the proceedings for the Assessment District to the contrary, all Bonds authorized pursuant to this Indenture shall be a special obligation of the Town, and the Town shall not under any circumstances (including, without limitation, after any installment of principal or interest of any Assessment levied on any lot or parcel in the Assessment District becomes delinquent or after the Town acquires title to any such lot or parcel whether through foreclosure or otherwise) be obligated to pay principal, premium, if any, or interest on the Bonds from any source whatsoever other than the Redemption Fund (including any transfers thereto from the Improvement Fund, the Assessment Fund and Reserve Fund). Neither the Town, the Town Council, the officers or employees of the Town, any person or entity acting for or on behalf of the Town in connection with the issuance of the Bonds or in connection with the formation or operation of the Assessment District, nor any persons executing the Bonds, shall be liable personally on the Bonds or be subject to any personal liability for the Bonds or any personal liability or accountability whatsoever by reason of or in connection with the issuance of the Bonds or by reason of any act or acts or the failure or omission to take any act or acts (including, without limitation, a negligent act or omission) in connection with or related to the formation or operation of the Assessment District. Section 203. Authorization and Purpose of Bonds. The Bonds shall be designated "Town of Tiburon Assessment District No. 2017-2 Limited Obligation Improvement Bonds Series _" and with each series of Bonds being designated by a letter with the first series being designated as "Series A" and subsequent series following in order. The Bonds shall be issued by the Town under and pursuant to the 1915 Act and under and pursuant this Indenture as supplemented by one or more Supplemental Bond Indenture in the aggregate principal amount not to exceed the aggregate amount of the unpaid Assessments determined by the Treasurer pursuant to Section 201. The designation of the Bonds shall include, in addition to the name "Town of Tiburon Assessment District No. 2017-2 Limited Obligation Improvement Bonds 2018 Series such further appropriate particular designation added to or incorporated in the title for the Bonds as the Town may determine or as shall be required by the 1915 Act; and each Bond shall bear upon its face the designation so determined. The Bonds may contain or have endorsed thereon such other descriptive provisions, specifications and words not inconsistent with the provisions hereof as may be desirable 8 or necessary to comply with custom or the rules of any securities exchange or commission or brokerage board or otherwise as may be determined by the Town prior to the delivery thereof. The primary purpose for which the Bonds are to be issued is to provide funds to pay the cost of the Improvements heretofore ordered by the Town Council. ARTICLE III TERMS AND PROVISIONS OF BONDS Section 301. Terms of Bonds. (a) The interest on and principal of and redemption premiums, if any, on the Bonds shall be payable in lawful money of the United States of America at the office of the Trustee designated by the Trustee. Interest on the Bonds shall be calculated on the basis of a 360-day year consisting of twelve 30-day months. (b) Except as set forth below, all Bonds shall be initially issued in the form of a separate single certificated fully registered Bond for each maturity date, and the ownership of each Bond shall be registered in the Bond Register in the name of Cede & Co., as nominee of DTC. Except for the Series A Bonds which shall be registered in the Bond Register as a single bond in the name of the Owner thereof, and except as provided in Subsection (e) hereof, all outstanding Bonds shall be registered in the Bond Register in the name of Cede & Co., as nominee of DTC. (c) With respect to Bonds registered in the Bond Register in the name of Cede & Co., as nominee of DTC, the Town and the Trustee shall have no responsibility or obligation as to (i) the accuracy of the records of DTC, Cede & Co. or any DTC Participant with respect to any ownership interest in the Bonds, (ii)the delivery to any DTC Participant or any other person of any notice with respect to the Bonds, including any notice of redemption, or (iii) the payment to any DTC Participant or any other person of any amount with respect to principal of, premium, if any, and interest on the Bonds. The Town and the Trustee may treat and consider the person in whose name each Bond is registered in the Bond Register as the holder and absolute owner of such Bond for the purpose of payment of principal, prernium, if any, and interest on such Bond, for the purpose of giving notices of redemption and other matters with respect to such Bond, for the purpose of registering transfers with respect to such Bond, and for all other purposes whatsoever. The Trustee shall pay all principal of, premium, if any, and interest on the Bonds only to or upon the order of the respective Owners or their respective attorneys duly authorized in writing, and all such payments shall be valid and effective to fully satisfy and discharge the Town's obligations with respect to payment of principal of, premium, if any, and interest on the Bonds to the extent of the sun or sums so paid. No person other-than an Owner shall receive a certificated Bond evidencing the obligation of the Town to make payments of principal, premium, if any, and interest pursuant to this Indenture. Upon delivery by DTC to the Trustee of written notice to the effect that DTC has determined to substitute a new nominee in place of Cede & Co., and subject to the provisions herein with respect to record dates, the word "Cede & Co." in this Indenture shall refer to such new nominee of DTC. (d) The delivery of a representation letter to DTC by the Town and the Trustee shall not in any way limit the provisions of subsection (b) hereof or in any other way impose upon the Town or the Trustee any obligation whatsoever with respect to persons having interests in the Bonds other 9 than the Owners. The Trustee shall take all action necessary for all representations in the representation letter with respect to the Trustee to be complied with at all times. (e) (i) DTC may determine to discontinue providing its services with respect to the Bonds at any time by giving written notice to the Town and the Trustee and discharging its responsibilities with respect thereto under applicable law. (ii) The Town, in its sole discretion and without the consent of any other person, may terminate the services of DTC with respect to the Bonds if the Town determines that: (A) DTC is unable to discharge its responsibilities with respect to the Bonds, or (B) a continuation of the requirement that outstanding Bonds be registered in the Bond Register in the name of Cede & Co., or any other nominee of DTC, is not in the best interest of the Beneficial Owners of such Bonds. (iii) Upon the termination of the services of DTC with respect to the Bonds pursuant to subsection (d)(ii)(B) hereof, or upon the discontinuance or termination of the services of DTC with respect to the Bonds pursuant to subsection (d)(i) or subsection (d)(ii)(A) hereof after which no substitute securities depository willing to undertake the functions of DTC hereunder can be found which, in the opinion of the Town, is willing and able to undertake such functions upon reasonable and customary terms, the Town is obligated to deliver Bond certificates, as described in this Indenture and the Bonds other than the Series A Bonds shall no longer be restricted to being registered in the Bond Register in the name of Cede & Co. as nominee of DTC, but may be registered in whatever name or names DTC shall designate to the Trustee in writing, in accordance with the provisions of this Indenture. (f) Notwithstanding any other provisions of this Indenture to the contrary, as long as any Bond is registered in the name of Cede & Co., as nominee of DTC, all payments with respect to principal or, premium, if any, and interest on such Bond and all notices with respect to such Bond shall be made and given, respectively. in the manner provided in the DTC for representation letter for the Bonds. (g) Each Bond shall bear interest from the Interest Payment Date next preceding its date of authentication and registration, unless (i) its date of authentication is after a Record Date and on or before the immediately succeeding Interest Payment Date, in which event the Bond shall bear interest from such Interest Payment Date or (ii) its date of authentication is before the close of business on the first Record Date, in which event the Bond shall bear interest from its dated date; provided, that if at the time of authentication of any Bond interest is then in default on the Outstanding Bonds, such Bonds shall bear interest from the Interest Payment Date to which interest has previously been paid or made available for payment on the Outstanding Bonds. Payment of interest on the Bonds due on or before the maturity or prior redemption thereof shall be made only to the person whose name appears in the Bond Register as the registered owner thereof at the close of business on the Record Date, such interest to be paid by check mailed by first class mail on the Interest Payment Date to such registered owner- at his address as it appears on such books or at such other address as he may have filed with the Trustee for that purpose; provided, however, that, in the case of a registered owner of$1,000,000 or more in aggregate principal amount 10 of Bonds, upon written request of such registered owner to the Trustee at least 15 days prior to an hnterest Payment Date, such payment may be made by wire transfer to an account within the United States designated by such owner. Payment of the principal of and redemption premiums, if any, on the Bonds shall be made by check only to the person whose name appears in the Bond Register as the registered owner thereof, such principal and redemption premiums, if any, to be paid only on the surrender of the Bonds at the office of the Trustee at maturity or on redemption prior to maturity. (h) The Bonds shall recite, in substance, that the interest on and principal of and redemption premiums, if any, on the Bonds are payable solely from the levy of the Assessments, that the Bonds are limited obligations of the Town and that the Town will not obligate itself to advance available funds from its treasury to cure any deficiency in the Redemption Fund. (i) From and after the issuance of the Bonds, the findings and determinations of the Town Council shall be conclusive evidence of the existence of the facts so found and determined in any action or proceeding in any court in which the validity of such Bonds is at issue; and no bona fide purchaser of any of such Bonds shall be required to independently establish the existence of any fact or the performance of any condition or the taking of any proceeding required prior to such issuance or the application of the purchase price paid for such Bonds. The recital contained in the Bonds that the Bonds are issued under and pursuant to the 1915 Act and under and pursuant hereto shall be conclusive evidence of their validity and of the regularity of their issuance and all Bonds shall be incontestable from and after their issuance. Bonds shall be deemed to be issued, within the meaning hereof, whenever the definitive Bonds (or any temporary Bonds exchangeable therefor) have been delivered to the purchaser thereof and the purchase price thereof received. Section 302. Execution and Authentication. The Bonds shall be signed on behalf of the Town by the manual or facsimile signature of the Treasurer of the Town and by the manual or facsimile signature of the Clerk in their capacity as officers of the Town, and the seal of the Town (or a facsimile thereof) may be impressed, imprinted, engraved or otherwise reproduced thereon, and attested by the signature of the Clerk. In case any one or more of the officers who shall have signed or sealed any of the Bonds shall cease to be such officer before the Bonds so signed and sealed have been authenticated and delivered by the Trustee (including new Bonds delivered pursuant to the provisions hereof with reference to the transfer and exchange of Bonds or to lost, stolen, destroyed or mutilated Bonds), such Bonds shall nevertheless be valid and may be issued as if the person who signed or sealed such Bonds had not ceased to hold such office. Only such Bonds as shall bear thereon such certificate of authentication in the form set forth in Section 604 hereof shall be entitled to any right or benefit under this Indenture, and no Bond shall be valid or obligatory for any purpose until such certificate of authentication shall have been manually executed by the Trustee. Section 303. Registration, Exchange or Transfer. The registration of any Bond may, in accordance with its terms, be transferred upon the Bond Register by the person in whose name it is registered, in person or by his or her duly authorized attorney, upon surrender of such Bond for cancellation at the aforesaid office of the Trustee, accompanied by delivery of a written instrument of transfer in a form acceptable to the Trustee and duly executed by the Bondowner or his or her duly authorized attorney. The Series A Bonds may only be transferred in whole. The Series B Bonds may be transferred in whole or in part in any authorized denominations as specified in Section 602 hereof of the same series and maturity. 11 Bonds may be exchanged at the aforesaid office of the Trustee for a like aggregate principal amount of Bonds of other authorized denominations as specified in Section 602 hereof and of the same series and maturity. The Trustee will not charge the Owner for any new Bond issued upon any exchange or transfer, but shall require the Owner requesting such exchange or transfer to pay any tax or other governmental charge required to be paid with respect to such exchange or transfer. The cost of printing any Bonds and any services rendered or any expenses incurred by the Trustee in connection with any exchange or transfer shall be paid by the Town as Administrative Expenses. Whenever any Bond or Bonds shall be surrendered for registration of transfer or exchange, the Town shall execute, and the "Trustee shall authenticate and deliver, a new Bond or Bonds of the same maturity for a like aggregate principal amount; provided, that the Trustee shall not be required to register transfers or make exchanges of Bonds (a) 15 days prior to the date established by the Trustee for selection of Bonds for redemption, or (b) with respect to a Bond after such Bond has been selected for redemption. Section 304. Bond Register. The Trustee will keep or cause to be kept, at its corporate trust office, sufficient books for the registration and transfer of the Bonds which shall at all times upon reasonable prior notice be open to inspection by the Town; and, upon presentation for such purpose, the Trustee shall, under such reasonable regulations as it may prescribe, register or transfer or cause to be transferred on said Bond Register, Bonds as herein provided. The Town and the Trustee may treat the Owner of any Bond whose name appears on the Bond Register as the absolute Owner of such Bond for any and all purposes, and the Town and the Trustee shall not be affected by any notice to the contrary. The Town and the Trustee may rely on the address of the Owner as it appears in the Bond Register for any and all purposes. It shall be the duty of the Owner of a Bond to give written notice to the Trustee of any change in the Owner's address so that the Bond Register may be revised accordingly. Section 305. Mutilated, Lost, Destroyed or Stolen Bonds. If any Bond shall become mutilated, the Town shall execute, and the Trustee shall authenticate and deliver, a new Bond of like tenor, date, series, maturity and principal amount in exchange and substitution for the Bond so mutilated, but only upon surrender to the Trustee of the Bond so mutilated. Every mutilated Bond so surrendered to the Trustee shall be handled in accordance with Section 1201 of this Indenture. If any Bond shall be lost, destroyed or stolen, evidence of such loss, destruction or theft may be submitted to the Trustee; and, if such evidence is satisfactory to the Trustee and, if indemnity satisfactory to the Trustee shall be given, the Town, at the expense of the Bondowner, shall execute and the Trustee shall authenticate and deliver, a new Bond of like tenor and maturity, numbered and dated as such Trustee shall determine in lieu of and in substitution for the Bond so lost, destroyed or stolen. Any Bond issued in lieu of any Bond alleged to be lost, destroyed or stolen shall be equally and proportionately entitled to the benefits hereof with all other Bonds issued hereunder. The Trustee shall not treat both the original Bond and any replace►nent Bond as being Outstanding Bonds for the purpose of determining the principal amount of Bonds which may be executed, authenticated and delivered or for the purpose of determining any percentage of Bonds Outstanding hereunder, but both the original and replacement bond shall be treated as one and the same. Notwithstanding any other provision of this Section, in lieu of delivering a new Bond to replace a Bond which has been mutilated, lost, destroyed or stolen, and which has matured or is about to mature, the Trustee may make payment with respect to such Bond upon receipt of indemnity satisfactory to it and the Town. 12 Section 306. Form of Bonds; Temporary Bonds. At the option of the Town, the definitive Bonds may be typewritten, and the Bonds and the certificate of authentication shall be substantially in the form provided in Section 604. Until definitive Bonds shall be prepared, the Town may cause to be executed and delivered, in lieu of such definitive Bonds, temporary Bonds in typed, written, printed, lithographed or engraved form and in fully registered form, subject to the same provisions, limitations and conditions as are applicable in the case of definitive Bonds, except that they may be in any denominations authorized by the Town. Until exchanged for definitive Bonds, any temporary Bonds shall be entitled and subject to the same benefits and provisions of this Indenture as definitive Bonds. If the Town issues temporary Bonds, it will execute and furnish definitive Bonds without unnecessary delay and thereupon any temporary Bond may be surrendered to the Trustee at the aforesaid office, without expense to the Owner, in exchange for a definitive Bond of the same series, maturity, interest rate and principal amount in any authorized denomination. All temporary Bonds so surrendered shall be canceled by the Trustee and shall not be reissued. ARTICLE IV REDEMPTION OF BONDS Section 401. Provisions for the Redemption of Bonds. (a) Mandatory Redemption from Assessment Prepayments. Whenever, as of an Interest Payment Date, there are sufficient funds in the Prepayment Account of the Redemption Fund from the proceeds of prepayments of Assessments, the Bonds shall be called for redemption as provided in Part I LI of the 1915 Act. The Bonds, or any portion of the principal thereof, in the principal amount of$5,000 or any integral multiple thereof, may be redeemed and paid in advance of maturity on any Interest Payment Date, pro rata among maturities, by giving notice to the Owner thereof as provided in Section 403 below and by paying the principal amount thereof, plus interest to the date of redemption, unless sooner surrendered, in which event said interest will be paid to the date of payment, at the following redemption prices (expressed as percentages of the principal amount of the Bonds to be redeemed): RedempPimi Date ?rice Interest Payment Dates on or prior to March 2, 20 % September 2, 20 or March 2, 20 September 2, 20 or March 2, 20_ September 2, 20_and thereafter (b) Optional Redemption of Series A Bonds from Other Funds, Excluding Assessment Prepayments. The Series A Bonds are subject to redemption prior to their stated maturity dates on any Interest Payment Date on and after March 2. 20 from such maturities as selected by the Town, from any source of funds other than prepayment of Assessments, at a redemption price equal to the principal amount thereof to be redeemed, together with accrued interest to the date of redemption at the following redemption prices (expressed as a percentage of the principal amount of Series A Bonds to be redeemed): 13 Redemption Date Price Interest Payment Dates on or prior to March 2, 20_ % September 2, 20 or March 2, 20 September 2, 20_or March 2, 20_ September 2, 20_and thereafter (c) Mandatory Sinking Fund Redemption of Series A Bonds. The Series A Bonds maturing on September 2, 20_, shall be subject to mandatory sinking fund redemption prior to maturity, in part, on September 2, 20 , and on each September 2 thereafter, from sinking fund payments, at a redemption price equal to the principal amount of Bonds to be redeemed, together with accrued interest to the date of redemption, without premium, as follows: 20_Term Bonds Redemption Date Redemption (September 2) Amount (maturity) (d) Redemption of Parity Bonds. Each series of Parity Bonds will be subject to redemption as set forth in the Supplemental Bond Indenture for such series. Section 402. Selection of Bonds for Redemption. Bonds of a maturity shall be selected for mandatory sinking fiord redemption by lot. If less than all of the Outstanding Bonds are to be redee►ned other than pursuant to mandatory sinking fund redemption, the Town shall designate the principal amount of Bonds of each maturity to be redeemed as provided for in Section 8768 of the 1915 Act such that the ratio of Outstanding Bonds to issued Bonds shall be approximately the same in each maturity of the Bonds insofar as possible, and the Trustee shall select the particular Bonds to be redeemed from each maturity in authorized denominations and in said designated amount by lot in such manner as the Trustee may choose. The Trustee shall promptly notify the Town in writing of the Bonds, or portions thereof, selected for redemption. In lieu, or partially in lieu, of such call and redemption, moneys deposited in the Redemption Fund may be used to purchase Outstanding Bonds in the manner hereinafter provided. Purchases of Outstanding Bonds may be made by the Town prior to the selection of Bonds for redemption by the Trustee, at public or private sale as and when and at such prices as the Town may in its discretion determine. but only at prices (including brokerage or other expenses) of not more than par, plus the premium, if any, which would be payable with respect to such Bonds upon the redemption thereof, plus accrued interest, and any accrued interest payable upon the purchase of Bonds may be paid from the amount in the Interest Account of the Redemption Fund for payment of interest on the next 14 following Interest Payment Date. The Trustee shall disburse moneys in the Prepayment Account for such purpose upon written direction of the Town. Section 403. Notice of Redemption. When Bonds are to be called for redemption under Section 401 and the Trustee has received the required notice from the Town, the Trustee shall give notice, in the name of the Town, of the redemption of such Bonds. Such notice of redemption shall (a) specify the serial numbers and the maturity date or dates of the Bonds selected for redemption, except that where all the Bonds subject to redemption, or all the Bonds of one maturity, are to be redeemed, the serial numbers thereof need not be specified; (b) state the date fixed for redemption and for surrender of the Bonds to be redeemed; (c) state the redemption price; (d) state the place or places where the Bonds are to be surrendered for redemption; and (e) in the case of Bonds to be redeemed only in part, state the portion of such Bond which is to be redeemed. Such notice shall further state that on the date fixed for redemption, there shall become due and payable on each Bond or portion thereof called for redemption, the principal thereof, together with any premium, and interest accrued to the redemption date, and that from and after such date, interest thereon shall cease to accrue and be payable. At least thirty (30) days but no more than sixty (60) days prior to the redemption date, the Trustee shall send a notice of redemption with respect to the Series A Bonds by registered or certified mail, postage prepaid, or in such other manner as has been agreed to by the Trustee and the registered Owner of the Series A Bonds, and with respect to all other Bonds held by DTC or its nominee in accordance with the procedures of DTC, or if no longer held in book-entry form by first class mail, postage prepaid, to the registered Owner of Bonds selected for redemption at their addresses appearing on the Bond Register. The actual receipt by the Owner of any Bond of notice of such redemption shall not be a condition precedent thereto, and failure to receive such notice shall not affect the validity of the proceedings for the redemption of such Bonds, or the cessation of interest on the redemption date. A certificate by the Trustee that notice of such redemption has been given as herein provided shall be conclusive as against all parties. A notice of redemption for an optional redemption pursuant to Section 401(b) or a Supplemental Bond Indenture may be conditioned upon receipt by the Town of sufficient fiords to effect the redemption. If sufficient funds are not on deposit with the Trustee at least one day prior to the redemption date, the redemption shall not occur and the Bonds shall remain Outstanding hereunder. If any redemption is cancelled due to a lack of sufficient funds, the Trustee shall mail a notice to the Owners stating that such redemption was cancelled and did not occur Notices of redemption of Bonds registered in the name of DTC's nominee will be sent by the Trustee only to DTC, or its nominee, and not to the owners of beneficial interests in the Bonds. Notice of redemption will be provided to such beneficial owners only in accordance with the procedures governing the DTC book-entry system. Section 404. Partial Redemption of Bonds. Upon surrender of any Bond to be redeemed in part only, the Town shall execute and the Trustee shall authenticate and deliver to the Owner, at the expense of the Town, a new Bond or Bonds of authorized denominations set forth in Section 602 hereof equal in aggregate principal amount to the unredeemed portion of such Bond. Section 405. Effect of Notice and Availability of Redemption Money. Notice of redemption having been duly given, as provided in Section 403, and the amount necessary for the redemption having been made available for that purpose and being available therefor on the date fixed for such redemption: 15 (a) the Bonds, or portions thereof, designated for redemption shall, on the date fixed for redemption, become due and payable at the redemption price thereof as provided in this Indenture. anything in this Indenture or in the Bonds to the contrary notwithstanding; (b) upon presentation and surrender thereof at the corporate trust office of the Trustee, the redemption price of such Bonds shall be paid to the Owner thereof, (c) after the redemption date the Bonds or portions thereof so designated for redemption shall be deemed to be no longer Outstanding and such Bonds or portions thereof shall cease to bear further interest; and (d) after the date fixed for redemption no Owner of any of the Bonds or portions thereof so designated for redemption shall be entitled to any of the benefits of this Indenture, or to any other rights, except with respect to payment of the redemption price and interest accrued to the redemption date from the amounts so made available. ARTICLE V CREATION OF FUNDS AND ACCOUNTS; APPLICATION OF PROCEEDS AND ASSESSMENTS Section 501. Funds and Accounts. There are hereby created and established the following funds and accounts, which funds and accounts the Town agrees and covenants to maintain with the Trustee so long as any Bonds are Outstanding hereunder: (a) the Town of Tiburon Assessment District No. 2017-2 Costs of Issuance Fund (the "Costs of Issuance Fund"); (b) the Town of Tiburon Assessment District No. 2017-2 Assessment Fund (the "Assessment Fund"); (c) the Town of Tiburon Assessment District No. 2017-2 Redemption Fund (the "Redemption Fund"), in which there shall be established and created a Principal Account, an Interest Account and a Prepayment Account; (d) the Town of Tiburon Assessment District No. 2017-2 Reserve Fund (the "Reserve Fund"); and (e) the Town of Tiburon Assessment District No. 2017-2 Rebate Fund (the "Rebate Fund"). (t) the Town of Tiburon Assessment District No. 2017-2 Improvement Fund (the "Improvement Fund"). The Town covenants and agrees to establish with the Treasurer the Town of Tiburon Assessment District No. 2017-2 Administrative Expense Fund (the "Administrative Expense Fund"). All moneys in the funds and accounts established hereunder (other than the Rebate Fund) shall be held by the Trustee for the benefit of the Owners and shall be accounted for separately and apart from all other accounts, funds, money or other resources of the Town held by the Trustee and 16 shall be allocated, applied and disbursed solely to the uses and purposes hereinafter set forth in this Article. The Trustee may establish such additional funds, accounts or subaccounts of the funds or accounts listed above as it deems necessary or prudent to further its duties pursuant to this Indenture or any Supplemental Bond Indenture and shall establish any additional funds, accounts or subaccounts which the Town directs it to establish. Section 502. Costs of Issuance Fund. The Trustee shall deposit into the Costs of Issuance Fund the amounts specified in Section 605. The Trustee shall pay the costs of issuing the Bonds from the Costs of Issuance Fund as set forth in written requisitions submitted by an Authorized Representative of the Town from time to time which requests shall be substantially in the form set forth in Exhibit A hereto. Amounts on deposit in the Costs of Issuance Fund after the completion of the Improvements and the payment of all claims with respect thereto shall be used as determined by the Town in the manner provided in Section 10427 of the 1913 Act. At the direction of an Authorized Representative of the Town, the Trustee shall transfer any remaining balance on the Costs of Issuance Fund to the Treasurer for deposit in the Improvement Fund. Section 503. Assessment Fund. Upon receipt of Assessment Installments, the Treasurer shall transfer the Assessment Installments to the Trustee for deposit to the Assessment Fund. On or prior to the first day of March and September of each year commencing March 1, 2019, the Trustee is to then transfer moneys on deposit in the Assessment Fund in the amounts set forth in the following clauses, in the following order of priority, to: (a) the Interest Account of the Redemption Fund, an amount sufficient to make the Interest Payment on the next succeeding Interest Payment Date for the Bonds; (b) the Principal Account of the Redemption Fund, the amount needed to make the Principal Payment due on the following September 2 on the Outstanding Bonds; (c) the Reserve Fund, the amount needed to restore the Reserve Fund to the Reserve Requirement; and (d) the Rebate Fund, the amount, if any, as specified in a written direction of t1.ne Town. Any moneys remaining in the Assessment Fund after the deposits described above shall be transferred by the Trustee, at the written direction of an Authorized Representative of the Town, and to the extent that there are sufficient moneys on deposit therein, to the Prepayment Account of the Redemption Fund with amounts deposited to the Prepayment Account being used to redeem Bonds as provided herein. To the extent that the amounts in the Assessment Fund are insufficient moneys to redeem Bonds in an authorized denomination, such moneys shall be used by the Trustee. at the written direction of an Authorized Representative of the Town, as a credit against each of the unpaid Assessments in amounts equal to each parcel's share or portion thereof, of the total amount of Assessment. Upon provision for payment or redemption of all Bonds and after payment of any amounts due to the Trustee, all moneys remaining in the Assessment Fund shall be paid to the Town. 17 Section 504. Redemption Fund. The principal of and interest on the Bonds until maturity shall be paid by the Trustee from the Redemption Fund. At the maturity of the Bonds, and after all principal and interest then due on any Outstanding Bonds has been paid or provided for, moneys in the Redemption Fund shall be transferred to the Assessment Fund. (a) On or prior to the first day of March or September of each year. commencing March 1, 2019, the Trustee shall transfer to the Interest Account of the Redemption Fund from the Assessment Fund an amount such that the balance in the Interest Account one day prior to each Interest Payment Date shall be equal to the installment of interest due on the Bonds on said Interest Payment Date. Moneys in the Interest Account shall be used for the payment of interest on the Bonds as the same becomes due. (b) On or prior to the first day of September of each year, commencing September i, 2019, the Trustee shall transfer to the Principal Account of the Redemption Fund from the Assessment Fund an amount up to the principal payment due on the Bonds on the following September 2. Moneys in the Principal Account shall be used to pay the principal of the Bonds as the same become due at maturity. (c) Any amounts remaining in the Redemption Fund, other than in the Prepayment Account, on September 15 of each year, after all principal and interest payments due on the prior September 2 have been paid, shall be transferred to the Assessment Fund. Prepayment Account. Moneys set aside in the Prepayment Account of the Redemption Fund shall be used solely for the purpose of redeeming Bonds and shall be applied on or after the redemption date to the payment of principal of and premium, if any, on the Bonds to be redeemed upon presentation and surrender of such Bonds. Upon receiving any prepayment of an Assessment, the Town shall transfer such prepayment to the Trustee for deposit in the Prepayment Account, which when coupled with the moneys transferred from the Reserve Fund pursuant to Section 505 to the Prepayment Account. shall be used to redeem Bonds pursuant to Section 401(a) on the next Interest Payment Date for which proper notice pursuant to Section 403 can be given by the Trustee. Upon receipt of written instructions from the Town, the Trustee shall transfer that portion, if any, of the prepayment representing accrued interest owing on the Bonds to the Interest Account of the Redemption Fund and that portion representing principal and premium due on the Bonds on the next principal payment date to the Principal Account of the Redemption Fund. If less than all of the prepayment of an Assessment, together with the money transferred from the Reserve Fund, can be used to redeem Bonds in increments of$5,000, the remaining portion of the prepayment is to be retained in the Prepayment Account and. when at the written direction of an Authorized Representative of the Town there is sufficient money to redeem Bonds, shall be used to redeem Bonds as herein provided. Money received from the Town from funds other than the prepayment of Assessments, including any surplus amount in the Improvement Fund transferred to the Trustee in accordance with Section 10427(d) of the 1913 Act. shall be deposited in the Prepayment Account and used to redeem Bonds as provided in Section 401(b) hereof. If, after all of the Bonds have been redeemed and canceled or paid and canceled, there are moneys remaining in any account of the Redemption Fund, said moneys shall be transferred to the Assessment Fund. 18 Section 505. Reserve Fund. The Trustee shall initially deposit into the Reserve Fund the amount specified in Section 605. Thereafter, the Trustee shall transfer sufficient funds from the Assessment Fund as provided in Section 503 in order to maintain the Reserve Requirement in the Reserve Fund at all times. On or before each February 15 and August 15, the Trustee shall determine whether the a►nount on deposit in the Reserve Fund equals the Reserve Requirement. Moneys in the Reserve Fund shall be used solely for the purpose of paying the principal of and interest on the Bonds when due in the event that the moneys in the Redemption Fund are insufficient therefor. The Trustee shall withdraw moneys as necessary from the Reserve Fund for deposit in the Redemption Fund on or before the first day of March and September of each year. In the event an Assessment is prepaid in whole or in part, the Assessment being prepaid shall be reduced by the amount transferred from the Reserve Fund pursuant to this paragraph to the Prepayment Account of the Redemption Fund. The amount transferred shall be that portion of the balance then in the Reserve Fund equal to the proportion that the Assessment prepaid bears to the total of all Assessments remaining unpaid as of such date. The Town shall notify, or shall cause the Trustee to be notified, of the amount to be transferred. In the event that moneys comprising the Reserve Fund and the moneys in the Redemption Fund, and the Assessment Fund are sufficient to retire all of the Outstanding Bonds plus accrued interest thereon, such moneys in the Reserve Fund and the Assessment Fund shall be transferred to the Redemption Fund for the payment of the Bonds. All amounts remaining in the Reserve Fund in the year in which the last Assessment Installments become due and payable shall be credited toward said Assessment Installments as set forth below: On or prior to July Ist of the Fiscal Year next preceding the Fiscal Year in which the last unpaid Assessment Installment securing the Bonds becomes due and payable, the Town shall determine the amount remaining in the Reserve Fund, and shall declare such amount to be surplus and direct the Trustee as to the transfer of such amount in order that it may be credited in the manner set forth in Section 10427.1 of the 1913 Act; provided that if all or any part of such Assessments remain unpaid and are payable in installments, the amount apportioned to each parcel shall be credited against the last of such unpaid Assessment Installments and, if the arnount apportioned to each parcel exceeds the amount of said last installment, then such excess shall be credited against the next to last of such Assessment Installments. Notwithstanding any provisions herein to the contrary, moneys in the Reserve Fund in excess of the Reserve Requirement shall be withdrawn from the Reserve Fund by the Trustee on or before each February 15 and August 15, and shall be transferred to the Rebate Fund in an amount directed in writing by an Authorized Representative of the Town received at least one Business Day prior to each February 15 and August 15 and shall be used as provided in Section 506. The Town may, but is not obligated to, direct such a transfer to the Rebate Fund. Following any such transfer, or in the absence of written direction from the Town, all amounts shall be transferred to the Assessment Fund and shall be used as provided in Section 503. 19 Section 506. Rebate Fund. (a) The Trustee shall establish and maintain a find separate from any other fund established and maintained hereunder designated as the Rebate Fund and shall establish a separate Rebate Account and Alternative Penalty Account therein. All money at any time deposited in the Rebate Account or the Alternative Penalty Account of the Rebate Fund shall be held by the Trustee in trust, for payment to the United States Treasury. All amounts on deposit in the Rebate Fund with respect to the Bonds shall be governed by this Section 506 and the Tax Certificate, unless the Town obtains an opinion of Bond Counsel that the exclusion from gross income for federal income tax purposes of interest payments on the Bonds will not be adversely affected if such requirements are not satisfied. (i) Rebate Account. The following requirements shall be satisfied with respect to the Rebate Account: (A) Annual Computation. Within 55 days of the end of each Bond Year, the Town shall calculate or cause to be calculated the amount of rebatable arbitrage for the Bonds in accordance with Section 148(f)(2) of the Code and Section 1.148-3 of the Rebate Regulations (taking into account any applicable exceptions with respect to the computation of the rebatable arbitrage described in the Tax Certificate (e.g., the temporary investments exceptions of Section 148(f)(4)(B) and (C) of the Code), and taking into account whether the election pursuant to Section 148(f)(4)(C)(vii) of the Code (the "l'/z% Penalty") has been made), for this purpose treating the last day of the applicable Bond Year as a computation date, within the meaning of Section 1.148-1(b) of the Rebate Regulations (the "Rebatable Arbitrage"). The Town shall obtain expert advice as to the amount of the Rebatable Arbitrage to comply with this Section. (B) Annual Transfer. Within 55 days of the end of each Bond Year for which Rebatable Arbitrage must be calculated as required by the Tax Certificate, upon the written direction of an Authorized Representative of the Town, an amount shall be deposited to each subaccount of the Rebate Account by the Trustee from any funds so designated by the Town if and to the extent required, so that the balance in the Rebate Account shall equal the amount of Rebatable Arbitrage so calculated by or on behalf of the Town in accordance with (i)(A) above. In the event that immediately following any transfer required by the previous sentence, or the date on which the Town determines that no transfer is required for such Bond Year, the amount then on deposit to the credit of the applicable subaccount of the Rebate Account exceeds the amount required to be on deposit therein, upon written instructions from an Authorized Representative of the Town, the Trustee shall withdraw the excess from the Rebate Account and then credit the excess to the Assessment Fund. (C) Payment to the Treasury_. The Trustee shall pay, as directed in writing by an Authorized Representative of the Town, to the United States Treasury, out of amounts in the Rebate Account, (1) Not later than 60 days after the end of(A) the fifth Bond Year for the Bonds, and (B) each applicable fifth Bond Year thereafter, an amount equal to at least 90% of the Rebatable Arbitrage calculated as of the end of such Bond Year for the Bonds, as applicable; and (2) Not later than 60 days after the payment or redemption of all of the Bonds, as applicable, an amount equal to 100% of the Rebatable Arbitrage calculated as of the 20 end of such applicable Bond Year, and any income attributable to the Rebatable Arbitrage, computed in accordance with Section 148(f) of the Code. In the event that, prior to the time of any payment required to be made from the Rebate Account, the amount in the Rebate Account is not sufficient to make such payment when such payment is due, the Town shall calculate or cause to be calculated the amount of such deficiency and deposit an amount received from any legally available source equal to such deficiency prior to the time such payment is due. Each payment required to be made pursuant to this Subsection (a)(i)(C) shall be made to the Lnternal Revenue Service Center, Ogden, Utah 84201 on or before the date on which such payment is due, and shall be accompanied by Internal Revenue Service Form 8038-T, or shall be made in such other manner as provided under the Code. (ii) Alternative Penalty Account. (A) Six-Month Computation. If the I Ya% Penalty has been elected for the Bonds, within 85 days of each particular Six-Month Period, the Town shall determine or cause to be determined whether the 1'/z% Penalty is payable (and the amount of such penalty) as of the close of the applicable Six-Month Period. The Town shall obtain expert advice in making such determinations. (B) Six-Month "Transfer. Within 85 days of the close of each Six-Month Period, the Trustee, at the written direction of an Authorized Representative of the Town, shall deposit an amount in the Alternative Penalty Account from any source of funds held by the Trustee pursuant to this Bond Indenture and designated by the Town in such written directions or provided to it by the Town, if and to the extent required, so that the balance in the Alternative Penalty Account equals the amount of 1'/z% Penalty due and payable to the United States Treasury determined as provided in Subsection (a)(ii)(A) above. In the event that immediately following any transfer provided for in the previous sentence, or the date on which the Town determines that no transfer is required for such Bond Year, the amount then on deposit in the Alternative Penalty Account exceeds the amount required to be on deposit therein to make the payments required by Subsection (a)(ii)(C) below, the Trustee, at the written direction of an Authorized Representative of the Town, may withdraw the excess from the Alternative Penalty Account and credit the excess to the Assessment Fund. (C) Payment to the Treasury. The Trustee shall pay, as directed in writing by an Authorized Representative of the Town, to the United States Treasury, out of amounts in a subaccount of the Alternative Penalty Account, not later than 90 days after the close of each Six- Month Period the V/z% Penalty, if applicable and payable, computed with respect to the Bonds in accordance with Section 148(f)(4) of the Code. In the event that, prior to the time of any payment required to be made from the Alternative Penalty Account, the amount in the Alternative Penalty Account is not sufficient to make such payment when such payment is due, the Town shall calculate the amount of such deficiency and direct the Trustee, in writing, to deposit an amount equal to such deficiency into the Alternative Penalty Account from any funds held by the Trustee pursuant to this Bond Indenture and designated by the Town in such written directions prior to the time such payment is due. Each payment required to be made pursuant to this Subsection (a)(ii)(C) shall be made to the Internal Revenue Service, Ogden, Utah 84201 on or before the date on which such payment is due, and shall be accompanied by Internal Revenue Service Form 8038-T or shall be made in such other manner as provided under the Code. 21 (b) Disposition of Unexpended Funds. Any funds remaining in the Accounts of the Rebate Fund with respect to the Bonds after redemption and payment of such issue and after making the payments described in Subsection (a)(i)(C) or (a)(ii)(C) (whichever is applicable), may be withdrawn by the Trustee at the written direction of the Town and utilized in any manner by the Town. (c) Survival of Defeasance and Final Payment. Notwithstanding anything in this Section or this Bond Indenture to the contrary, the obligation to comply with the requirements of this Section shall survive the defeasance and final payment of the Bonds with respect to which an account has been created in the Rebate Fund. (d) Amendment Without Consent of Owners. This Section 506 may be deleted or amended in any manner without the consent of the Owners, provided that prior to such event there is delivered to the Town an opinion of Bond Counsel to the effect that such deletion or amendment will not adversely affect the exclusion from gross income for federal incorne tax purposes of interest on the Bonds. Section 507. Improvement Fund. The Trustee shall deposit into the Improvement Fund the amounts specified in Section 605. The Trustee shall pay the costs of the Improvements from the Improvement Fund as set forth in written requisitions submitted by an Authorized Representative of the Town from time to time which requests shall be substantially in the form set forth in Exhibit B hereto. Amounts on deposit in the Improvement Fund after the completion of the Improvements and the payment of all claims with respect thereto shall be used as determined by the Town in the manner provided in Section 10427 of the 1913 Act. Section 508. Investments. Moneys held in any of the funds and accounts under this Indenture shall be invested at the written direction of an Authorized Representative of the Town only in Authorized Investments which shall be deemed at all times to be a part of such funds and accounts. The Trustee shall provide monthly statements or reports, by the fifteenth day of each month, of the principal balances and investment earnings thereon in each fund and account maintained by the Trustee hereunder. Authorized Investments shall be purchased at such prices as directed by an Authorized Representative of the Town in written directions (or telephonic directions confirmed in writing) delivered to the Trustee. Directions as to the purchase of all Authorized Investments shall be subject to the limitations hereinafter in this Section set forth and such additional limitations or requirements consistent with the foregoing as may be established by the Treasurer. Moneys in all funds and accounts except for the Reserve Fund shall be invested in Authorized Investments maturing, or with respect to which payments of principal and interest are scheduled or otherwise payable, not later than the date on which the Treasurer has estimated that such moneys will be required by the Trustee for the purposes specified in this Indenture. Moneys in the Reserve Fund shall be invested in Authorized Investments, not less than 50% of which must mature within one year of the date of purchase and all of which must mature within two years of the date of purchase; however, if an Authorized Investment may be sold at par on the Business Day prior to each Interest Payment Date, all or a portion of the amount of the Reserve Fund may be invested therein. Authorized Investments purchased under a repurchase agreement may be deemed to mature on the date or dates on which the Trustee may deliver such Authorized Investments for repurchase under such agreement. 22 All interest, profits and other income received from the investment of moneys in any fund or account established pursuant to this Indenture shall be retained therein, except as transfers from such funds or accounts are authorized in this Indenture. For investment purposes only, the Trustee may commingle the fiends and accounts established hereunder, and administered by the Trustee, but shall account for each separately. Notwithstanding anything to the contrary contained in this Section, an amount of interest received with respect to any Authorized Investment equal to the amount of accrued interest, if any, paid as part of the purchase price of such Authorized Investment shall be credited to the fund or account for the credit of which such Authorized Investment was acquired. For the purpose of determining the amount in any fund or account other than the Reserve Fund, all Authorized Investments credited to such fund or account shall be valued at the lower of the cost or the market value thereof, exclusive of accrued interest. Amounts in the Reserve Fund shall be valued at their market value at least semi-annually on or before February 15 and August 15 (or more frequently as may be requested by the Treasurer, but in no event more often than monthly). In making any such valuation, the Trustee may utilize nationally recognized securities valuation or pricing services available to it through its accounting system. The Trustee may rely on such valuations and shall not be responsible for the accuracy thereof. The Trustee, or any of its affiliates, may act as principal or agent in the making or disposing of any investment or as a sponsor, depository, manager for or advisor to any issuer of Authorized Investments. The Trustee shall sell, or present for redemption, any Authorized Investment so purchased whenever it shall be necessary to provide moneys to meet any required payment, transfer, withdrawal or disbursement from the fund or account to which such Authorized Investment is credited, and, subject to the provisions of Section 904, the Trustee shall not be liable or responsible for any loss resulting from such investment, or any other investment made at the direction of the Town or otherwise made in accordance with this Indenture. In the absence of written investment direction from the Treasurer received at least two Business Days prior to the maturity of an Authorized hlvestment, the Trustee shall invest solely in Authorized Investments set forth in subsection (3) of the definition thereof. The Trustee shall be entitled to rely conclusively upon the written instructions of the Town directing investments in Authorized Investments as to the fact that each such investment is permitted by the laws of the State of California and is an Authorized Investment as required by this Indenture and shall not be required to make further investigation with respect thereto. With respect to any restrictions set forth in the list of Authorized Investments which embody legal conclusions (e.g., the existence, validity and perfection of security interests in collateral), the Trustee shall be entitled to rely conclusively on an opinion of counsel or upon a representation of the provider of such Authorized Investment obtained at the Town's expense. Except as specifically provided in this Indenture, the Trustee shall not be liable to pay interest on any moneys received by it, but shall be liable only to account to the Town for earnings derived from funds that have been invested. The Town acknowledges that regulations o1-the Comptroller of the Currency grant the Town the right to receive brokerage confirmation of security transactions to be effected by the Trustee hereunder as they occur. The Town specifically "gives the right to receive such notification to the 23 extent permitted by applicable law and agrees that it will instead receive periodic cash transaction statements which include detail for the investment transactions effected by the Trustee hereunder; provided, however, that the Town retains its right to receive brokerage confirmation on any investment transaction requested by the Town. Section 509. Delinquency Resulting in Ultimate or Temporary Loss on Bonds. If a temporary deficiency occurs in the Redemption Fund with which to pay Bonds that have then matured, past due interest or the principal and interest on Bonds coming due during the current year, but it does not appear to the Treasurer that there will be an ultimate loss to the Bondowners, the Treasurer shall cause the Trustee to pay the principal of Bonds which have matured as presented and make interest payments on the Bonds when due, as long as there are available funds in the Redemption Fund, in the following order of priority: (1) All matured interest payments shall be made before the principal of any Bonds is paid. (2) Interest on Bonds of earlier maturity shall be paid before interest on Bonds of later maturity. (3) Within a single maturity, interest on lower-numbered Bonds shall be paid before interest on higher-numbered Bonds. (4) The principal of Bonds shall be paid in the order in which the Bonds are presented for payment. Any Bond which is presented but not paid shall be assigned a serial number according to the order of presentment and shall be returned to the Bondowner. When funds become available for the payment of any Bond which was not paid upon presentment, the Treasurer shall cause the Trustee to notify the registered owner of such Bond by registered mail to present the Bond for payment. If the Bond is not presented for payment within ten days after the mailing of the notice, interest shall cease to run on the Bond. If it appears to the Treasurer that there is a danger of an ultimate loss accruing to the Bondowners for any reason, he or she is required pursuant to the 1915 Act to withhold payment on all matured Bonds and interest on all Bonds and report the facts to the Town Council so that the Town Council may take proper action to equitably protect all Bondowners. Upon the receipt of such notification from the Treasurer, the Town Council shall fix a date for a hearing upon such notice. At the hearing the Town Council must determine whether in its judgment there will ultimately be insufficient money in the Redemption Fund to pay the principal of the unpaid Bonds and interest thereon. If the Town Council determines that in its judgment there will ultimately be a shortage in the Redemption Fund to pay the principal of the unpaid Bonds and interest thereon (an "Ultimate Loss"), the Town Council shall direct the Treasurer to pay to the Owners of all Outstanding and unpaid Bonds such proportion thereof as the amount of funds on hand in the Redemption Fund bears to the total amount of the unpaid principal of the Bonds and interest which has accrued or will accrue thereon. Similar proportionate payments shall thereafter be made periodically as moneys come into the Redemption Fund. Upon the determination by the Town Council that an Ultimate Loss will occur, the Treasurer shall cause the Trustee to notify all Bondowners to surrender their Bonds to the Treasurer for 24 cancellation. Upon cancellation of the Bonds, the Bondowner shall be credited with the principal amount of the Bond so canceled. The Treasurer shall then pay by warrant the proportionate amount of principal and accrued interest due on the Bonds of each Bondowner as may be available from time to time out of the money in the Redemption Fund. Interest shall cease on principal payments made from the date of such payment, but interest shall continue to accrue on the unpaid principal at the rate specified on the Bonds until payment thereof is made. No premiums shall be paid on payments of principal on Bonds made in advance of the maturity date thereon. If a Bond is not surrendered for registration and payment, the Treasurer shall cause the Trustee to give notice to the Bondowner by registered mail, at the Bondowner's last address as shown on the registration books, of the amount available for payment. Interest on such amount shall cease as of ten days from the date of mailing of such notice. If the Town Council determines that in its judgment there will not be an Ultimate Loss, it shall direct the Treasurer to pay matured Bonds and interest as long as there is available money in the Redemption Fund. The priority of payments will be as set forth in the first paragraph hereof. ARTICLE VI ISSUANCE OF BONDS Section 601. Authorization and Designation of Bonds. The Town has reviewed all proceedings heretofore taken relative to the authorization of the Bonds and has found, as a result of such review, and hereby finds and determines, that all acts, conditions and things required by law to exist, happen and be performed precedent to and in the issuance of the Bonds do exist, have happened and have been performed in due time, form and manner as required by the 1915 Act, and that the Town is now authorized, pursuant to each and every requirement of the 1915 Act and hereof, to issue the Bonds upon the security of the Assessments in the aggregate principal amount described in the Bond Purchase Agreement for each series of Bonds and in the form and manner provided herein, which Bonds shall be entitled to the benefit,protection and security of the provisions hereof. Section 602. Denominations of Bonds. The Series A Bonds shall be issued as a single bond in the full outstanding principal amount of such series. All Bonds other than the Series A Bonds shall be issued as fully registered Bonds in the denomination of$5,000 or any increment of $5,000 in excess thereof, except that one Bond may be issued in other than an integral multiple of $5,000. Section 603. Maturity Dates and Interest Rates of Bonds. The Series A Bonds shall be dated their Closing Date and shall mature on September 2 of the years, and in the respective principal amounts set forth opposite such years, and shall bear interest at the respective rates per annum, set forth in the following table: Maturity Date Principal Interest (September 2) Amount Rate 25 The maturity dates and interest rates for a series of Parity Bonds shall be set forth in the Supplemental Bond Indenture for such series. Section 604. Form of Bonds. The Bonds shall be in substantially the following form, the blanks to be tilled in with appropriate words and figures, conforming to the terms of this Bond Indenture: [FORM OF BOND] R- $ UNLESS THIS BOND IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY (AS DEFINED IN THE BOND INDENTURE) TO THE BOND REGISTRAR FOR REGISTRATION OF TRANSFER, EXCHANGE, OR PAYMENT, AND ANY BOND ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN. [TO BE OMITTED FROM PARITY BONDS]. UNITED STATES OF AMERICA STATE OF CALIFORNIA COUNTY OF MARIN TOWN OF TIBURON ASSESSMENT DISTRICT No. 2017-2 LIMITED OBLIGATION IMPROVEMENT BOND SERIES INTEREST MATURITY BOND CUSIP RATE DATE DATE NUMBER September 2, 20 REGISTERED OWNER: PRINCIPAL AMOUNT: AND 00/100 DOLLARS Under and by virtue of the Improvement Bond Act of 1915, Division 10 (commencing with Section 8500) of the California Streets and Highways Code (the "Act") and Resolution No. (the "Resolution of Issuance") adopted by the Town Council of the Town of Tiburon (the "Town ") on the day of 20----, the Town will, out of the redemption fund for the payment of the bonds issued upon the unpaid portion of assessments made for the acquisition, work, and improvements more fully described in proceedings taken pursuant to Resolution No. 10-2017 (the "Resolution of Intention") adopted by the Town Council of the Town on the 3rd day of May, 2017, pay to the registered owner stated above, on the maturity date stated above, the principal suns stated above in lawful money of the United States of America, all as provided for in a Bond Indenture dated 26 as of July 1, 2018 (the "Bond Indenture"), by and between U.S. Bank National Association, as trustee (the "Trustee") and the Town. In like manner, the Town will pay interest on this bond from the Interest Payment Date (as defined below) next preceding the date on which this bond is authenticated, unless (i) its date of authentication is after the fifteenth day of the month preceding an Interest Payment Date (the "Record Date") and on or before the immediately succeeding Interest Payment Date, in which event the bond shall bear interest from such Interest Payment Date or (ii) its date of authentication is before the close of business on the first Record Date, in which event the bond shall bear interest from the date of this bond; provided, however, that if at the time of authentication of this bond, interest is in default, interest on this bond shall be payable from the last Interest Payment Date to which the interest has been paid or made available for payment. Such interest shall be payable on March 2 and September 2 of each year, commencing March 2, 20 (each, an "Interest Payment Date"). Both the principal hereof and redemption premium hereon, if any, are payable at the office of the Trustee, and the interest hereon is payable by check mailed by first class mail, postage prepaid, on the Interest Payment Date to the owner hereof at the owner's address as it appears on the records of the Trustee or at such address as may have been filed with the Trustee for that purpose, at the close of business on the applicable Record Date; provided, however,that at the written request of an owner of at least $1,000,000 in aggregate principal amount of bonds, filed with the Trustee prior to any Record Date, interest on such bonds will be paid to such owner on such succeeding Interest Payment Date by wire transfer of immediately available funds to an account within the United States of America designated in such written request. This bond will continue to bear interest after maturity at the rate above stated provided it is presented at maturity and payment hereof is refused upon the sole ground that there are not sufficient moneys in said redemption fund with which to pay the same. If it is not presented at maturity, interest hereon will run only until maturity. This bond is one of several annual maturities of bonds (the "Bonds") of like date, tenor and effect, but differing in amounts, maturities and interest rates, issued by the Town under the Act and the Bond Indenture for the purpose of providing means for paying for the improvements described in the proceedings; and it is secured by the moneys in the redemption fund and by the unpaid portion of certain assessments made for the payment of those improvements, and, including principal and interest, is payable exclusively out of said fund. This bond, or any portion of the principal hereof, in the principal amount of$5,000 or any integral multiple thereof, may be redeemed and paid in advance of maturity on any Interest Payment Date from the proceeds of prepayment of Assessments in the manner provided in Part l l.l of the Act in any year by giving notice to the owner hereof as provided in the Bond Indenture and by paying the principal amount thereof, plus interest to the date of redemption, unless sooner surrendered, in which event said interest will be paid to the date of payment, at the following redemption prices (expressed as a percentage of the principal amount of the bond to be redeemed): Redemption Date Price Interest Payment Dates on or prior to March 2, 20 % September 2, 20 or March 2, 20_ September 2, 20_or March 2, 20_ September 2, 20_and thereafter 27 This bond is subject to redemption prior to its stated maturity date on any Interest Payment Date, from any source of funds other than prepayment of assessments at a redemption price equal to the principal amount thereof to be redeemed, together with accrued interest to the date of redemption at the following redemption prices (expressed as a percentage of the principal amount of the bond to be redeemed): Redemption Date Price Interest Payment Dates on or prior to March 2, 20 % September 2, 20 or March 2, 20_ September 2, 20 or March 2, 20 September 2, 20 and thereafter The Bonds maturing on September 2, 20_ shall be subject to mandatory sinking fund redemption prior to maturity in part, on September 2, 20 , and on each September 2 thereafter, from sinking fund payments in accordance with the schedule of sinking fund payments set forth in the Indenture, at a redemption price equal to the principal amount of Bonds to be redeemed, together with accrued interest to the date of redemption, without premium. Bonds of a maturity shall be selected for mandatory sinking fund redemption by lot. This bond is transferable by the registered owner hereof, in person or by the owner's attorney duly authorized in writing, at the office of the Trustee, subject to the terms and conditions provided in the Bond hidenture, including the payment of certain charges, if any, upon surrender and cancellation of this bond. Upon such transfer a new registered bond or bonds of any authorized denomination or denominations, of the same maturity, for the same aggregate principal amount, will be issued to the transferee in exchange herefor. Bonds shall be registered only in the name of an individual (including joint owners), a corporation, limited liability company, a partnership, a trust or other legal entity validly existing and authorized to own the Bonds. Neither the Town nor the Trustee shall be required to make such exchanges or to register such transfers of bonds (a) during the 15 days prior to any Interest Payment Date or the date established by the Trustee for selection of Bonds for redemption, or (b) with respect to a bond after such bond has been selected for redemption. The To"n and the Trustee may treat the owner hereof, as shown on the bond register kept by the Trustee, as the absolute owner for all purposes; and the Town and the Trustee shall not be affected by any notice to the contrary. The Bond Indenture is incorporated by reference herein and by acceptance hereof the registered owner assents to said terms and conditions. This bond is subject to refunding pursuant to the procedures of the Refunding Act of 1984 foi- 1 915 Improvement Act Bonds. This bond shall not be entitled to any benefit under the Act or the Bond Indenture or become valid or obligatory for any purpose, until the certificate of authentication and registration hereon endorsed shall have been manually signed by the Trustee. 28 THE TOWN HAS DECLARED AND DETERMINED IN THE RESOLUTION OF INTENTION THAT PURSUANT TO SECTION 8769 OF THE IMPROVEMENT BOND ACT OF 1915 IT WILL NOT OBLIGATE ITSELF TO ADVANCE AVAILABLE FUNDS FROM THE TOWN TREASURY TO CURE ANY DEFICIENCY WHICH MAY OCCUR IN THE REDEMPTION FUND. NEITHER THE FAITH AND CREDIT NOR THE TAXING POWER OF THE TOWN OF TIBURON, THE COUNTY OF MARIN, THE STATE OF CALIFORNIA OR ANY POLITICAL SUBDIVISION THEREOF IS PLEDGED TO THE PAYMENT OF THE BONDS. THE BONDS ARE SPECIAL OBLIGATIONS OF THE TOWN PAYABLE SOLELY FROM THE SOURCES DESCRIBED IN THE BOND INDENTURE. [Remainder of this page le Ji intentionally blank] 29 IN WITNESS WHEREOF, the Town of Tiburon has caused this bond to be signed in manual or facsimile form by the Treasurer of said Town and attested to by the Town Clerk, all as of the _ day of , 20 . TOWN OF TIBURON Treasurer ATTEST: Town Clerk [FORM OF CERTIFICATE OF AUTHENTICATION AND REGISTRATION] This is one of the bonds described in the within-mentioned Bond Indenture, which bond has been authenticated and registered on August 6, 2018. U.S. BANK NATIONAL ASSOCIATION, as Trustee By: Authorized Signatory 30 [FORM OF LEGAL OPINION] The attached is a true copy of the opinion rendered by Stradling Yocca Carlson & Rauth, a Professional Corporation, Newport Beach, California, in connection with the issuance of, and dated as of the date of the original delivery of, the Bonds. A signed copy is on file in my office. Town Clerk of the Town of Tiburon [FORM OF ASSIGNMENT] For value received the undersigned do(es) hereby sell, assign and transfer unto TAX I.D. #: the within bond and do(es) hereby irrevocably constitute and appoint attorney to transfer the same on the register of the Trustee with full power of substitution in the premises. Date: SIGNATURE GUARANTEED: Signature(s) must be guaranteed by an eligible guarantor institution NOTE:The signature(s) to this Assignment must correspond with the name(s) as written on the face of the within bond in every particular, without alteration or enlargement or any change whatsoever and the signature(s) must be guaranteed by an eligible guarantor. 31 Section 605. Application of Proceeds of the Sale of Bonds and of the Prepaid Amounts. Proceeds from the sale of the Bonds shall be used as follows: (i) $ of the proceeds of the Bonds shall be deposited by the Trustee into the Reserve Fund equaling the Reserve Requirement; (ii) $ of the proceeds of the Bonds shall be deposited by the Trustee in the Costs of Issuance Fund; (iii) $ of the proceeds of the Bonds shall be deposited into the Interest Account; and (iv) the remainder thereof shall be deposited into the Improvement Fund. ARTICLE VII COVENANTS AND WARRANTY Section 701. Warranty. The Town shall preserve and protect the security of the Bonds and the rights of the Owners against all claims and demands of all persons. Section 702. Covenants. So long as any of the Bonds are Outstanding and unpaid, the Town makes the following covenants with the Owners under the provisions of the 1913 Act, the 1915 Act and this Indenture (to be performed by the Town or its proper officers, agents or employees), which covenants are necessary, convenient and desirable to secure the Bonds and tend to make them more marketable; provided, however, that said covenants do not require the Town to expend any funds or moneys other than the Assessments: (a) Punctual Payment; Covenant Against Encumbrances. The Town covenants that it will receive all Assessment Installments in trust and will, consistent with Section 503 hereof, deposit the Assessment Installments with the "Trustee and the Town shall have no beneficial right or interest in the amounts so deposited except as provided by this Indenture. All such Assessment Installments, whether received by the Town in trust or deposited with the Trustee, all as herein provided, shall nevertheless be disbursed, allocated and applied solely to the uses and purposes herein set forth, and shall be accounted for separately and apart from all other money, funds, accounts or other resources of the Town. The Town covenants that it will duly and punctually pay or cause to be paid the principal of and interest on every Bond issued hereunder, together with the premium, if any, thereon on the date, at the place and in the manner set forth in the Bonds and in accordance with this Indenture to the extent Assessments and interest earnings transferred to the Redemption Fund are available therefor, and that the payments into the Redemption Fund and the Reserve Fund will be made, all in strict conformity with the terms of the Bonds and this Indenture, and that it will faithfully observe and perform all of the conditions, covenants and requirements of this Indenture and all Supplements and of the Bonds issued hereunder. If at any time the total balance in the Redemption Fund, the Assessment Fund and the Reserve Fund is sufficient to redeern all Outstanding Bonds pursuant to Section 401 hereof, the Treasurer may direct the Trustee to effect such redemption on the earliest date on which all Outstanding Bonds may be redeemed. 32 The Town will not mortgage or otherwise encumber, pledge or place any charge upon any of the Assessment Installments, and will not issue any obligation or security superior to the Bonds, payable in whole or in part from the unpaid Assessments. (b) Covenant to Levy. The Town will cause the Assessment Installments required to pay the principal of and interest on the Bonds when due to be placed on the tax bills of the owners of the parcels assessed and covenants to levy assessments, as permitted by law and the Resolution of Formation, to satisfy the Administrative Expense Requirement. (c) Commence Foreclosure Proceedings. The Town will order, and cause to be commenced as hereinafter provided, and thereafter diligently prosecute to judgment (unless such delinquency is theretofore brought current), an action in the superior court to foreclose the lien of any Assessment Installment not paid when due as provided in the following paragraph. On or about February 15 and June 15 of each Fiscal Year, the Treasurer shall compare the arnount of Assessment Installments due and payable to the arnount of Assessment Installments theretofore received by the Town, and: (i) If the Treasurer determines that any single parcel subject to an Assessment is delinquent in the payment of three or more Assessment Installments, then the Treasurer shall send or cause to be sent a notice of delinquency (and a demand for im►mediate payment thereof) to the property owner within 45 days of such determination, and (if the delinquency remains uncured) foreclosure proceedings shall be commenced by the Town within 90 days of such determination; and (ii) If the Treasurer determines that the total amount of delinquent Assessment Installments for the prior Fiscal Year for the entire Assessment District (including the total of delinquencies under subsection (a) above), exceeds 4% of the total Assessment Installments levied for the prior Fiscal Year, the Treasurer shall notify or cause to be notified property owners who are then delinquent in the payment of Assessment Installments and demand immediate payment of the delinquency within 45 days of such determination, and the Town shall commence foreclosure proceedings within 90 days of such determination against each parcel of land in the Assessment District with an Assessment Installment delinquency. Nothing in this Section 5.02 shall, however, prevent the Treasurer or the Town Attorney from commencing foreclosure proceedings before the occurrence of any of clause (i) or (ii) of the preceding paragraph. Notwithstanding the foregoing, the Town may elect to defer foreclosure proceedings with respect to any delinquent parcel if the Town has received funds equal to the delinquent Assessement Installments from any source, and those funds are available to contribute toward the payment of the principal of (including sinking fund payments) and interest on the Bonds when due (including without limitation funds received under the Teeter Plan and funds from the sale of the receivables associated with delinquent Assessment Installments). The Treasurer shall notify the Town Attorney of any such delinquency of which the Treasurer is aware, and the Town Attorney shall commence, or cause to be commenced, such foreclosure proceedings. The Town Attorney is hereby authorized to employ counsel to conduct any such foreclosure proceedings. 33 (d) Books and Accounts. The Town will cause the Trustee to keep proper books of record and accounts, separate from all other records and accounts of the Town, in which complete and correct entries shall be made of all transactions made by its Trustee hereunder. Such books of record and accounts shall at all times during business hours and upon reasonable prior notice be subject to the inspection of the Town or of the Owners of not less than ten percent (10%) of the principal amount of the Bonds then Outstanding or their representatives authorized in writing. (e) Tax Covenants. Notwithstanding any other provision of this Indenture, absent an opinion of Bond Counsel that the exclusion from gross income of interest on the Bonds will not be adversely affected for federal income tax purposes by reason of the Town's failure to do so, the Town covenants to comply with all applicable requirements of the Code, necessary to preserve such exclusion from gross income and specifically covenants, without limiting the generality of the foregoing, as follows: Private Activity. The Town will not take or omit to take any action or make any use of the proceeds of the Bonds or of any other moneys or property which would cause the Bonds to be "private activity bonds" within the meaning of Section 141 of the Code. Arbitrage. The Town will make no use of the proceeds of the Bonds or of any other amounts or property, regardless of the source, or take or omit to take any action which would cause the Bonds to be "arbitrage bonds" within the meaning of Section 148 of the Code. Federal Guarantee. The Town will make no use of the proceeds of the Bonds or take or omit to take any action that would cause the Bonds to be "federally guaranteed" within the meaning of Section 149(b) of the Code. Information Reporting. The Town will take or cause to be taken all necessary action to comply with the informational reporting requirement of Section 149(e) of the Code. Rebate Requirements. The Town will take no action inconsistent with its expectations stated in the Tax Certificate and will comply with the covenants and requirements stated therein and incorporated by reference herein. Without limiting the generality of the foregoing, the Town agrees that there shall be paid from time to time all amounts required to be rebated to the United States pursuant to Section 148(1) of the Code and any temporary, proposed or final Treasury Regulations as may be applicable to the Bonds from time to time. In particular, the Town shall direct the Trustee to transfer to the Rebate Fund amounts sufficient to pay and shall instruct the Trustee to pay to the United States Treasury any amounts required to be paid as set forth in Section 506 hereof. (0 Collection of the Administrative Expense Requirements. The Town covenants that it will collect annually an amount specified by the Treasurer to be the Administrative Expense Requirement, which amount will be expressed as a percentage of the annual levy of Assessment Installments, to pay for Administrative Expenses. The Administrative Expense Requirement so collected shall not exceed the amount specified in the Engineer's Report. (g) Issuance of Parity Bonds. The Town will not issue Parity Bonds hereunder to finance the hnprovements unless the total of the assessed value or the appraised value of all property then subject to Assessments is at least eight times the principal amount of all Bonds that will be outstanding hereunder upon the issuance of such Parity Bonds and the Town certifies that no Event 34 of Default exists hereunder. Any appraisal shall be conducted by a State of California certified real estate appraiser. Notwithstanding the foregoing, Parity Bonds issued solely for the purpose of refunding all or a portion of the Outstanding Bonds may be issued without complying with the foregoing requirements with respect to the value of the property subject to Assessments so long as the refunding results in a reduction in the total Assessment Installments due in each Fiscal Year in which such Parity Bonds will be Outstanding. Section 703. Continuing Disclosure Agreement. The Town hereby covenants and agrees that it will comply with and carry out all of its obligations under each Continuing Disclosure Agreement to be executed and delivered by the Town in connection with the issuance of any series of the Bonds. Notwithstanding any other provision of this Indenture, failure of the Town to comply with a Continuing Disclosure Agreement shall not be considered an Event of Default; however, any Owner or Beneficial Owner may take such actions as may be necessary and appropriate, including seeking mandate or specific performance by court order, to cause the Town to comply with its obligations under this Section 703. ARTICLE VIII AMENDMENTS TO AGREEMENT Section 801. Amendments Not Requiring Bondowner Consent. The Town may from time to time, and at any time, without notice to or consent of any of the Bondowners, adopt Supplements hereto for any of the following purposes: (a) to cure any ambiguity or to correct or supplement any provisions herein provided that such action shall not materially adversely affect the interests of the Bondowners; (b) to add to the covenants and agreements of, and the limitations and the restrictions upon, the Town contained in this Indenture, other covenants, agreements, limitations and restrictions to be observed by the Town which are not contrary to or inconsistent with this Indenture as theretofore in effect; (c) to provide for the issuance of any Parity Bonds, and to provide the terms and conditions under which such Parity Bonds may be issued, subject to and in accordance with the provisions of this Indenture; (d) to modify, amend or supplement this Indenture in such manner as to permit the qualification hereof under the Trust Indenture Act of 1939, as amended, or any similar federal statute hereafter in effect, and to add such other terms, conditions and provisions as may be permitted by said act or similar federal statute, and which shall not, materially adversely affect the interests of the Owners of the Bonds; (e) to modify, alter, amend or supplement this Indenture in any other respect which is not materially adverse to the Bondowners. Section 802. Amendments Requiring Bondowner Consent. Exclusive of the Supplements described in Section 801, the Owners of not less than a majority in aggregate principal amount of the Bonds then Outstanding shall have the right to consent to and approve such Supplements as shall be deemed necessary or desirable by the Town for the purpose of waiving, 35 modifying, altering, amending, adding to or rescinding, in any particular, any of the terms or provisions contained in this Indenture; provided, however, that nothing herein shall permit, or be construed as permitting, (a) an extension of the maturity date of the principal, or the payment date of interest on, any Bond, (b) a reduction in the principal amount of, or redemption premium on, any Bond or the rate of interest thereon, (c) a preference or priority of any Bond or Bonds over any other Bond or Bonds, or (d) a reduction in the aggregate principal amount of the Bonds the Owners of which are required to consent to such Supplement without the consent of the Owners of all the Bonds then Outstanding. If at any time the Town shall desire to enter into a Supplement, which pursuant to the terms of this Section shall require the consent of the Bondowners, the Town shall so notify the Trustee and shall deliver to the Trustee a copy of the proposed Supplement. The Trustee shall, at the expense of the Town, cause notice of the proposed Supplement to be mailed, by first class mail postage prepaid, to all Bondowners and their addresses as they appear in the Bond Register. Such notice shall briefly set forth the nature of the proposed Supplement and shall state that a copy thereof is on file at the office of the Superintendent of Streets and the corporate trust office of the Trustee for inspection by all Bondowners. The failure of any Bondowners to receive such notice shall not affect the validity of such Supplement when consented to and approved by the Owners of not less than a majority in aggregate principal amount of the Bonds then Outstanding as required by this Section. Whenever at any time within one year after the date of the first mailing of such notice the Trustee shall receive an instrument or instruments purporting to be executed by the Owners of not less than a majority in aggregate principal amount of the Bonds then Outstanding, which instrument or instruments shall refer to the proposed Supplement described in such notice, and shall specifically consent to and approve the Supplement substantially in the form of the copy referred to in such notice as on file with the Superintendent of Streets and the Trustee, such proposed Supplement, when duly executed by the Town, shall thereafter become a part of the proceedings for the issuance of the Bonds. In determining whether the Owners of a majority of the aggregate principal amount of the Bonds have consented to the adoption of any Supplement, Bonds which are owned by the Town or by any person directly or indirectly controlling or controlled by or under the direct or indirect common control with the Town, shall be disregarded and shall be treated as though they were not Outstanding for the purpose of any such determination. Upon request, the Town shall designate to the Trustee those Bonds disqualified by this Section 802. Upon the execution and delivery by the Town and the Trustee of any Supplement and the receipt of consent to any such Supplement from the Owners of not less than a majority in aggregate principal amount of Bonds Outstanding in instances where such consent is required pursuant to the provisions of this Section, this Indenture shall be, and shall be deemed to be, modified and amended in accordance therewith, and the respective rights, duties and obligations under this Indenture of the Town, the Trustee and all Owners of Bonds then Outstanding shall thereafter be determined, exercised and enforced hereunder, subject in all respects to such modifications and amendments. No Supplement pursuant to either Section 801 or Section 802 shall modify or amend any of the rights or obligations of the Trustee without its written consent thereto. The Trustee may obtain an opinion of counsel, at the expense of the Town, that any such Supplement complies with the provisions of this Article VIII and the Trustee may conclusively rely upon such opinion. Section 803. Notation of Bonds; Delivery of Amended Bonds. After the effective date of any action taken as hereinabove provided, the Town may determine that the Bonds may bear a notation, by endorsement in form approved by the Town, as to such action, and in that case upon 36 demand of the Owner of any Bond Outstanding at such effective date and presentation of his Bond for the purpose at the office of the Trustee, a suitable notation as to such action shall be made on such Bonds. If the Town shall so determine, new Bonds so modified as, in the opinion of the Town, shall be necessary to conform to such action shall be prepared and executed, and in that case upon demand of the Owner of any Bond Outstanding at such effective date such new Bonds shall be exchanged at the office of the Trustee without cost to each Owner, for Bonds then Outstanding, upon surrender of such Outstanding Bonds. ARTICLE IX TRUSTEE Section 9011. Trustee. U.S. Bank National Association is hereby appointed Trustee for the Town for the put-pose of receiving all money which the Town is required to deposit with the Trustee hereunder and to allocate, use and apply the same as provided in this Indenture. The Trustee is hereby authorized to and shall mail by first-class mail, postage prepaid, OR wire transfer interest payments to the Bondowners as set forth herein, select Bonds for redemption, and maintain the Bond Register. The Trustee is hereby authorized to pay the principal of and premium, if any, on the Bonds when the same are duly presented to it for payment at maturity or upon redemption, to provide for the registration of transfer and exchange of Bonds presented to it for such purposes, to provide for the cancellation of Bonds, and to provide for the authentication of Bonds, and shall perform all other duties assigned to or imposed on it as provided in this Indenture. The Trustee shall keep accurate records of all funds administered by it and all Bonds paid and discharged by it. The Trustee is hereby authorized to pay the Bonds when duly presented for payment at maturity, or on redemption prior to maturity. The Trustee shall cancel all Bonds upon payment thereof or upon the surrender thereof by the Town pursuant to Section 1201 hereof. The Trustee shall keep accurate records of all Bonds paid and discharged and canceled by it. The Trustee shall supply information regarding investments made under Article V at the written request of the Town including: (i) purchase date, (ii)purchase price, (iii) any accrued interest paid, (iv) face amount, (v) coupon rate, (vi)periodicity of interest payments, (vii) disposition price, (viii) any accrued interest, received, and (ix) disposition date. In the event a Nonpurpose Investment is subject to a receipt of bids, the Town shall maintain a record of all information establishing fair market value on the date such investment became a Nonpurpose Investment. Such detailed record keeping is required for the calculation of the Rebate Requirement which shall be performed by the Town and, in part, will require a determination of the difference between the actual aggregate earnings of all Nonpurpose Investments and the amount of such earnings assuming a rate of return equal to the Yield on the Bonds. The Town shall from time to time, subject to any agreement between the Town and the Trustee then in force, pay to the Trustee compensation for its services, reimburse the Trustee for all its advances and expenditures, including, but not limited to, advances to and fees and expenses of independent accountants, counsel, agents, receiver and engineers or other experts employed by it in the exercise and performance of its powers and duties hereunder, and indemnify, defend and save the Trustee harmless against any losses, costs, expenses or liabilities, including reasonable fees and expenses of its attorneys (including the allocated costs and disbursements of in-house counsel, to the 37 extent such services are not redundant with those provided by outside counsel), not arising fi-om its own negligence or willful misconduct which it may incur in the exercise and performance of its powers and duties hereunder, which indernnity shall survive discharge of the Bonds. All amounts owed by the Town to the Trustee shall constitute Administrative Expenses. Any bank or trust company into which the Trustee may be merged or converted or with which it may be consolidated or any bank or trust company resulting from any merger, conversion or consolidation to which it shall be a party or any bank or trust company to which the Trustee may sell or transfer all or substantially all of its corporate trust business, provided such bank or trust company shall be eligible under Section 902, shall be the successor to such Trustee without the execution or filing of any paper or-any further act, anything herein to the contrary notwithstanding. Section 902. Removal of Trustee. The Town may in the absence of an event of default at any time, in the exercise of its sole discretion, upon thirty (30) days prior written notice to the Trustee, remove the Trustee initially appointed, and any successor thereto, and may appoint a successor or successors thereto; provided that any such successor shall be a bank or trust company doing business and having a corporate trust office in Los Angeles or San Francisco, California, having a combined capital (exclusive of borrowed capital and surplus) (or whose parent or holding company has a combined capital (exclusive of borrowed capital and surplus) of at least fifty million dollars ($50,000,000), and subject to supervision or examination by federal or state authority. If such bank or trust company publishes a report of condition at least annually, pursuant to law or to the requirements of any supervising or examining authority above referred to, then for the purposes of this section the combined capital and surplus shall be as set forth in its most recent report of condition so published. The Town shall notify the Bondowners in writing of any such removal of the Trustee and appointment of a successor thereto. Section 903. Resignation of Trustee. The Trustee may at any time resign by giving written notice to the Town. Upon receiving such notice of resignation, the Town shall promptly appoint a successor Trustee by an instrument in writing; provided, however, that in the event that the Town does not appoint a successor Trustee within thirty (30) days following receipt of such notice of resignation, the resigning Trustee may petition an appropriate court having jurisdiction to appoint a successor- Trustee. Any resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the written acceptance of appointment by the successor Trustee, and notice to the Bondowners of the Trustee's identity and address. Section 904. Liability of Trustee. The recitals of fact and all promises, covenants and agreements contained herein and in the bonds shall be taken as statements, promises, covenants and agreements of the Town, and the Trustee assurnes no responsibility for the correctness of the same and makes no representations as to the validity or sufficiency of this Indenture or of the Bonds or the tax status of the interest thereon, and shall incur no responsibility in respect thereof other than in connection with its duties or obligations herein or in the Bonds or in the certificate of authentication assigned to or imposed upon the Trustee. The Trustee shall have no duties or obligations other than as specifically set forth herein and no implied duties, covenants or obligations shall be read into this Indenture against the Trustee. The Trustee shall be under no responsibility or duty with respect to the issuance of the Bonds for value. The Trustee shall not be liable in connection with the performance of its duties hereunder, except for its own negligence or willful misconduct. Absent negligence or willful misconduct, the Trustee shall not be liable for an error of judgment. 38 The Trustee shall have no liability or obligation to the Bondowners with respect to the payment of debt set-vice by the Town or with respect to the observance or performance by the Town of the other conditions, covenants and terms contained in this Indenture, or with respect to the investment of any moneys in any fund or account established, held or maintained by the Town pursuant to this Indenture or otherwise. The Trustee shall be protected in acting upon any notice, resolution, request, consent, order, certificate, report, bond or other paper or documents believed by it to be genuine and to have been signed or presented by the proper party or parties. The Trustee may consult with counsel, who may be counsel to the Town, at the expense of the Town, with regard to legal questions, and the opinion or advice of such counsel shall be full and complete authorization and protection in respect of any action taken or suffered hereunder and in accordance therewith. The Trustee shall not be bound to recognize any person as the Owner of a Bond unless and until such Bond is submitted for inspection, if required, and his title thereto satisfactorily established. if disputed. Whenever in the administration of its duties under this Indenture the Trustee shall deem it necessary or desirable that a matter be proved or established prior to taking or suffering any action hereunder, such matter (unless other evidence in respect thereof be herein specifically prescribed) may, in the absence of willful misconduct on the part of the Trustee, be deemed to be conclusively proved and established by a written certificate of the Town, and such certificate shall be full warrant to the Trustee for any action taken or suffered under the provisions of this Indenture upon the faith thereof, but in its discretion the Trustee may, in lieu thereof, accept other evidence of such matter or may require such additional evidence as to it may seem reasonable. The Trustee shall have no duty or obligations whatsoever to enforce the collection of Assessments or other funds to be deposited with it hereunder, or as to the correctness of any amounts received, but its liability shall be limited to the proper accounting for such funds as it shall actually receive. The Trustee shall have no duty or obligation to monitor the Town's compliance with the 1913 Act or the 1915 Act. No provision in this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. The Trustee shall be entitled to interest on all amounts advanced by it at the maximum rate permitted by law. The Trustee shall have no responsibility, opinion or liability with respect to any information, statement or recital in any official statement or other disclosure material prepared or distributed with respect to the issuance of the Bonds. All protections extended to the Trustee shall also extend to its officers, directors, employees and agents. The Trustee's rights to indemnification hereunder and to payment of its fees and expenses shall survive its resignation or removal and the final payment or defeasance of the Bonds. The Trustee makes no covenant, representation or warranty concerning the current or future tax status of interest on the Bonds. 39 Section 905. Interested Transactions. The Trustee and its officers and employees may acquire and hold Bonds with the same effect as if it were not Trustee. The Trustee, either as principal or agent, may engage in or be interested in any financial or other transaction with the Town. Section 906. Agents. The Trustee may execute any of its trusts or powers or perform its duties through attorneys, agents or receivers and the Trustee shall not be answerable for the default or misconduct of any such attorney, agent or receiver selected by it with reasonable care. ARTICLE X EVENTS OF DEFAULT; REMEDIES Section 1001. Event of Default. Any one or more of the following events shall constitute an "event of default": (a) Default in the due and punctual payment of the principal of or redemption premium, if any, on any Bond when and as the same shall become due and payable, whether at maturity as therein expressed or from mandatory redemption; (b) Default in the due and punctual payment of the interest on any Bond when and as the same shall become due and payable; or (c) Default by the Town in the observance of any of the other agreements, conditions or covenants on its part in this Indenture or in the Bonds contained, and the continuation of such default for a period of thirty (30) days after the Town shall have been given notice in writing of such default by the Trustee or any Owner, provided that if within thirty (30) days the Town has commenced curing of the default and diligently pursues elimination thereof, such period shall be extended to permit such default to be eliminated. Section 1002. Remedies of Owners. Following the occurrence of an event of default, any Owner shall have the right for the equal benefit and protection of all Owners similarly situated: (a) By mandamus or other suit or proceeding at law or in equity to enforce his or her rights against the Town and any of the members, officers and employees of the Town, and to compel the Town or any such members, officers or employees to perform and carry out their duties tinder the 1913 Act or the 1915 Act and their agreements with the Owners as provided in this Indenture; (b) By suit in equity to enjoin any actions or things which are unlawful or violate the rights of the Owners; or (c) By a suit in equity to require the Town and its members, officers and employees to account as the trustee of an express trust. Nothing in this article or in any other provisions of this Indenture, or in the Bonds, shall affect or impair the obligation of the Town, which is absolute and unconditional, to pay the interest on and principal of the Bonds to the respective Owners of the Bonds at the respective dates of maturity, as herein provided, out of the Assessments pledged for such payment, or affect or impair the right of action, which is also absolute and unconditional, of such Owners to institute suit to enforce such payment by virtue of the contract embodied in the Bonds and in this Indenture. 40 A waiver of any default of breach of duty or contract by any Owner shall not affect any subsequent default or breach of duty or contract, or impair any rights or remedies on any such subsequent default or breach. No delay or omission by any Owner to exercise any right or power accruing upon any default shall impair any such right or power or shall be construed to be a waiver of any such default or an acquiescence therein, and every power and remedy conferred upon the Owners by the 1913 Act or the 1915 Act or by this article may be enforced and exercised from time to time and as often as shall be deemed expedient by the Owners. If any suit, action or proceeding to enforce any right or exercise any remedy is abandoned or determined adversely to the Owners, the Town and the Owners shall be restored to their former positions, rights and remedies as if such suit, action or proceeding had not been brought or taken. No remedy herein conferred upon or reserved to the Owners is intended to be exclusive of any other remedy. Every such remedy shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing, at law or in equity or by statute or otherwise, and may be exercised without exhausting and without regard to any other remedy conferred by the 1913 Act, the 1915 Act or any other law. In no event shall the Trustee have any responsibility to cure or cause the Town or any other person or entity to cure an Event of Default hereunder. ARTICLE XI DEFEASANCE Section 1101. Defeasance. If the Town shall pay or cause to be paid, or there shall otherwise be paid, to the Owners of any Outstanding Bonds the interest due thereon and the principal thereof, at the times and in the manner stipulated therein and in this Indenture, then the Owners of such Bonds shall cease to be entitled to the pledge of Assessments and other amounts hereunder, and all covenants, agreements and other obligations of the Town to the Owners of such Bonds under this Indenture shall thereupon cease, terminate and become void and be discharged and satisfied except for the Town's covenant under Section 702(e) hereof. In such event, the Trustee shall execute and deliver to the Town all such instruments as may be desirable to evidence such discharge and satisfaction, and the Trustee shall pay over or deliver to the Town after payment of anN amounts due the Trustee hereunder all money or securities held by it pursuant to this Indenture which are not required for the payment of the interest due on, and the principal of. such Bonds. Any Outstanding Bond shall be deemed to have been paid within the meaning expressed in the first paragraph of this Section if such Bond is paid in any one or more of the following ways: (a) by paying or causing to be paid the principal of and interest with respect to such Bond, as and when the same become due and payable; (b) by depositing with the Trustee, in trust, at or before maturity, money which, together with the amounts then on deposit in the Assessment Fund, the Reserve Fund and the Redemption Fund, is fully sufficient to pay the principal of, premium and interest on such Bond as and when the same shall become due and payable; or (c) by depositing with the Trustee, in trust, Federal Securities in such amount as an Independent Financial Consultant shall determine will, together with the interest to accrue thereon 41 and moneys then on deposit in the Assessment Fund, the Reserve Fund and the Redemption Fund which is available to pay such Bond, together with the interest to accrue thereon without further investment, be fully sufficient to pay and discharge the principal of, premium, if any, and interest on such Bond as and when the same shall become due and payable: then, notwithstanding that such Bond shall not have been surrendered for payment, all obligations of the Town under this Indenture with respect to such Bond shall cease and terminate, except for the obligation of the Trustee to pay or cause to be paid to the Owner of any Bond not so surrendered and paid, all sums due thereon from funds provided to it by the Town and except for the Town's covenant under Section 702(e) hereof. Any money or securities deposited with the Trustee to defease any Bond or Bonds shall be accompanied by a certificate of a certified public accountant confirming the accuracy of the calculations establishing the sufficiency of such deposit, and an opinion of Bond Counsel that the deposit of such money or securities will not impair the exclusion from gross income or federal income tax purposes of interest on the Bonds. Any finds held by the Trustee at the time of payment or defeasance of all Outstanding Bonds, which are not required for the purpose above mentioned, or for payment of amounts due the Trustee hereunder shall be paid over to the Town. ARTICLE XII MISCELLANEOUS Section 1201. Cancellation of Bonds. All Bonds surrendered to the Trustee for payment upon maturity or for redemption shall upon payment therefor, and any Bond purchased by the Town as authorized herein shall be, cancelled forthwith and shall not be reissued. The Trustee shall destroy such Bonds as provided by law and furnish to the Town a certificate of destruction. Section 1202. Execution of Documents and Proof of Ownership. Any request, direction, consent, revocation of consent, or other instrument in writing required or permitted by this Indenture to be signed or executed by Bondowners may be in any number of concurrent instruments of similar tenor, may be signed or executed by such Owners in person or by their attorneys appointed by an instrument in writing for that purpose, or by the commercial bank, trust company or other depository for such Bonds. Proof of the execution of any such instrument, or of any instrument appointing any such attorney, and of the ownership of Bonds shall be sufficient for the purposes of this Indenture (except as otherwise herein provided), if made in the following manner: (a) The fact and date of the execution by any Owner or his or her attorney of any such instrument and of any instrument appointing any such attorney, may be proved by a signature guarantee of any commercial bank or trust company located within the United States of America. Where any such instrument is executed by an officer of a corporation or association or a member of a partnership on behalf of such corporation, association or partnership, such signature guarantee shall also constitute sufficient proof of his authority. (b) As to any Bond, the person in whose name the same shall be registered in the Bond Register shall be deemed and regarded as the absolute Owner thereof for all purposes, and payment of or on account of the principal of any such Bond, and the interest thereon, shall be made only to or upon the order of the registered Owner thereof or his or her legal representative. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond and the interest thereon to the extent of the sum or sums to be paid. The Trustee shall not be affected by any notice to the contrary. Nothing contained in this Indenture shall be construed as limiting the Trustee to such proof, it being intended that the Trustee may accept other evidence of the matters herein stated which 42 the Trustee may deem sufficient. Any request or consent of the Owner of any Bond shall bind every future Owner of the same Bond in respect of anything done or suffered to be done by the Trustee in pursuance of such request or consent. Section 1203. Unclaimed Moneys. Anything in this Indenture to the contrary notwithstanding, any money held by the Trustee in trust for the payment and discharge of any of the Bonds which remains unclaimed for one year after the Bonds become due and payable, if such money was held by the Trustee at such date, or for one year after the date of deposit of such money if deposited with the Trustee after said date when such Bonds become due and payable, shall be repaid by the Trustee to the Town, as its absolute property and free from trust, and the Trustee shall thereupon be released and discharged with respect thereto and the Owners shall look only to the Town for the payment of such Bonds; provided, however, that, before being required to make any such payment to the Town, the Trustee shall, at the written request and the expense of the Town, cause to be mailed to the registered Owners of such Bonds, at their addresses as they appear on the Bond Register, a notice that said money remains unclaimed and that, after a date named in said notice, which date shall not be less than thirty (30) days after the date of the mailing of such notice, the balance of such money then unclaimed will be returned to the Town. Section 1204. Provisions Constitute Contract; Successors. The provisions of this Indenture shall constitute a contract between the Town and the Bondowners and the provisions hereof shall be construed in accordance with the laws of the State of California. In case any suit, action or proceeding to enforce any right or exercise any remedy shall be brought or taken and the Trustee shall prevail, the Trustee shall be entitled to receive from the Assessment District reimbursement for reasonable costs, expenses, outlays and attorneys' fees (including the allocated costs and disbursements of in-house counsel, to the extent such services are not redundant with those provided by outside counsel), and should said suit, action or proceeding be abandoned, or be determined adversely to the Trustee, then the Town, the Trustee and the Bondowners shall be restored to their former positions, rights and remedies as if such suit, action or proceeding had not been brought or taken. After the issuance and delivery of the Bonds this Indenture shall be irrepealable, but shall be subject to modifications to the extent and in the manner provided in this Indenture, but to no greater extent and in no other manner. This Indenture shall be binding upon and inure to the benefit of the Town and the Trustee, and their respective successors and assigns. Section 1205. Further Assurances; Incontestability. The Tm,v n will adopt, make, execute and deliver any and all such further resolutions, instruments and assurances as may be reasonably necessary or proper to carry out the intention or to facilitate the performance of this Indenture, and for the better assuring and confirming unto the Owners of the Bonds of the rights and benefits provided in this Indenture. After the sale and delivery of the Bonds by the Town, the Bonds shall be incontestable by the Town. Section 1206. Severability. If any covenant, agreement or provision, or any portion thereof, contained in this Indenture, or the application thereof to any person or circumstance, is held 43 to be unconstitutional, invalid or unenforceable, the remainder of this Indenture and the application of any such covenant, agreement or provision, or portion thereof, to other persons or circumstances, shall be deemed severable and shall not be affected thereby, and this Indenture and the Bonds shall remain valid and the Bondowners shall retain all valid rights and benefits accorded to them under the laws of the State of California. Section .1207. General Authorization. Authorized Representatives of the Town are hereby respectively authorized to do and perform from time to time any and all acts and things consistent with this Indenture necessary or appropriate to carry the same into effect. Section 1208. Liberal Construction. This Indenture shall be liberally construed to the end that its purpose may be effected. No error, irregularity, informality and no neglect or omission herein or in any proceeding had pursuant hereto which does not directly affect the jurisdiction of the Town Council shall void or invalidate this Indenture or such proceeding or any part thereof, or any act or determination made pursuant thereto. Section 1209. Notice. Any notices required to be given to the Town with respect to the Bonds for this Indenture shall be mailed, first class, or personally delivered to the Town Manager at the Town offices located at 1505 Tiburon Boulevard, Tiburon, California 94920, and all notices to the Trustee shall be mailed, first class, or personally delivered to the Trustee at U.S. Bank National Association, 633 West Fifth Street, 24"' Floor, Los Angeles, California 90071, Attention: Global Corporate Trust Services. Section 1210. Action on Next Business Day. If the date for making any payment or the last date for performance of any act or the exercising of any right, as provided in this Bond Indenture, is not a Business Day, such payment, with no interest accruing for the period from and after such nominal date, may be made or act performed or right exercised on the next succeeding Business Day with the same force and effect as if done on the nominal date provided therefore in this Bond Indenture. 44 IN WITNESS WHEREOF, the Town and the Trustee have executed this Indenture, effective the date first written above. TOWN OF TIBURON By: Its: Treasurer ATTEST: Town Clerk U.S. BANK NATIONAL ASSOCIATION, as Trustee By: Its: Authorized Officer S-1 EXHIBIT A WRITTEN DELIVERY REQUISITION—COSTS OF ISSUANCE FUND U.S. Bank National Association, as Trustee (the "Trustee") RE: Disbursement from the Costs of Issuance Fund pursuant to Section 502 of the Bond Indenture, dated as of July 1, 2018 (the "Bond Indenture"), by and between the Town of Tiburon ("Town") and the Trustee, in connection with the issuance of$ Town of Tiburon Assessment District No. 2017-2 (Virginia Undergrounding District) Limited Obligation Improvement Bonds, Series (the "Bonds"). REQUISITION NO. 1 You are hereby instructed to pay to the parties, listed on Schedule I attached hereto, as costs of issuing the Bonds as provided in Section 502 of the Bond Indenture. These costs of issuing the Bonds have been properly incurred, are a proper charge against the Costs of Issuance Fund and have not been the basis of any previous disbursements. The Trustee is hereby instructed to pay an amount which shall not exceed the amounts listed on Schedule I attached hereto upon receipt of an invoice of the payee. TOWN OF TIBURON By: Its: Authorized Officer A-] SCHEDULEI COSTS OF ISSUING BONDS Party Pui pose Amount A-2 EXHIBIT B WRITTEN DELIVERY REQUISITION—IMPROVEMENT FUND U.S. Banl<National Association, as Trustee (the "Trustee") RE: Disbursement from the Improvement Fund pursuant to Section 507 of the Bond Indenture, dated as of July 1, 2018 (the "Bond Indenture"), by and between the Town of Tiburon and the Trustee, in connection with the $ Town of Tiburon Assessment District No. 2017-2 (Virginia Undergrounding District) Limited Obligation Improvement Bonds, Series _(the `Bonds''). REQUISITION NO. I You are hereby instructed to pay to the parties, listed on Schedule I attached hereto, as costs of the Improvements as provided in Section 507 of the Bond Indenture. These costs have been properly incurred, are a proper charge against the Improvement Fund and have not been the basis of any previous disbursements. The Trustee is hereby instructed to pay an amount which shall not exceed the amounts listed on Schedule I attached hereto upon receipt of an invoice of the payee. TOWN OF TIBURON By: Its: Authorized Officer B-1 SCHEDULEI COSTS OF IMPROVEMENTS Pa y Pufpose Amount B-2 PLACEMENT AGENT AGREEMENT June , 2018 Greg Chanis Town Manager 1505 Tiburon Blvd. Tiburon, CA 94920 Re: "Town of Tiburon Assessment District 2017-2 (Virginia Undergrounding District) 2018 Series A Bonds Dear Mr. Chanis: Upon the terms and conditions and based upon the representations, warranties and covenants set forth herein, Stifel, Nicolaus & Company, Incorporated (the "Placement Agent") offers to enter into this Placement Agent Agreement (this "Agreement") with the Town of Tiburon, California (the "Issuer"), which, upon acceptance of this offer, shall be binding upon the Issuer and the Placement Agent. This offer is made subject to acceptance of this Agreement by the Issuer before or on June , 2018, and, if not so accepted, will be subject to withdrawal by the Placement Agent upon notice delivered to your office at any time prior to acceptance hereof. If the obligations of the Placement Agent shall be terminated for any reason permitted hereby, neither the Placement Agent nor the Issuer shall be under further obligation hereunder. The above-captioned 2018 Series A Bonds (the "Bonds") are authorized to be issued pursuant to Resolution No. 10-- adopted on June , 2018 (the "Resolution") and a Bond Indenture between the Town and U.S. Bank National Association, as trustee dated as of June 1, 2018 (the "Indenture"). 1. Purchase, Sale and Delivery of Bonds. On the basis of the representations and agreements contained herein, but subject to the terms and conditions herein set forth, the Placement Agent agrees, on a best efforts basis, to locate a purchaser for the Bonds (the "Purchaser") at a purchase price equal to the principal amount thereof(the "Purchase Price") and on terms consistent with the Resolution. The maturities, principal amounts. interest rates and other terms and conditions of the Bonds shall be as set forth in the Indenture. For its services hereunder, and upon payment of the Purchase Price by the Purchaser to the Issuer (the date of such payment herein, the "Closing Date"), the Placement Agent shall receive compensation, payable from proceeds of the Bonds, equal to $ (the "Fee"). This amount will not include items such as CDIAC reporting fees, CUSIP fees, costs for tables prepared by the assessment engineer or other parties, and other transaction expenses which shall be paid from proceeds of the Bonds. On the Closing Date,the Issuer shall pay or cause to be paid EXHIBIT NO. the Fee to the Placement Agent by wire transfer or immediately available funds. The Fee does not include any services the Placement Agent may render in the fixture to the Issuer with respect to any offering or placement of municipal securities other than the Bonds. 2. Representations, Warranties, and Covenants of the Issuer. The undersigned, on behalf of the Issuer, but not individually, hereby represents and warrants to the Placement Agent (and it shall be a condition of the obligation of the Placement Agent to perform under this Agreement that it shall be represented and warranted on the Closing Date) that: (a) The Issuer is duly organized and validly existing under the laws of the State of California (the "State") with the power to adopt the Resolution, perform the agreements on its part contained therein and in the agreements approved thereby and cause the issuance of the Bonds. (b) The Issuer has complied and, in all respects on the Closing Date will be in compliance, with all of the provisions of applicable law of the State. (c) The Issuer has duly adopted the Resolution, and the Issuer has duly authorized and approved the execution and delivery of this Agreement, the Indenture and a Continuing Disclosure Agreement by and between the Town and NBS Government Finance Group, as Dissemination Agent (collectively, the "Documents"), as well as the performance of its obligations contained in the Bonds and the consummation by it of all other transactions contemplated hereby. (d) The Documents have been duly authorized and as of the Closing Date will havebeen executed and delivered by the Issuer, and, assuming due authorization, execution and delivery by the other parties thereto, as applicable, will constitute legal, valid and binding agreements of the Issuer enforceable in accordance with their respective terms, except as the enforcement thereof may be limited by bankruptcy, insolvency, moratorium, reorganization, fraudulent conveyance or other laws affecting the enforcement of creditors' rights generally and by the application of equitable principles if sought and by the limitations on legal remedies imposed on actions against the Issuer in the State of California. (e) The Issuer is not in breach of or default under any applicable law or administrative regulation of the State or any department, division, agency or instrumentality thereof, or of the United States, or any applicable judgment or decree or any loan agreement, note, resolution, certificate, agreement or other instrument to which the Issuer is a party or is otherwise subject, which breach or default would materially and adversely affect the Issuer or its ability to perform its duties and obligations under the Documents, and the execution and delivery of the Documents, the adoption of the Resolution and the issuance of the Bonds pursuant to the Indenture and compliance with the provisions of each of the Documents will not conflict materially with or constitute a material breach of or default under any applicable law or administrative regulation of the State or under any certificate, agreement or other instrument to which the Issuer is a party or is otherwise subject, which breach or default would materially and adversely affect the 2 Issuer or its ability to perform its duties with respect to the Bonds and under the Documents. (f) No action, suit, proceeding or investigation at law or in equity before or by any court of governmental agency or body is pending against the Issuer or, to the knowledge of the Issuer, threatened, in any way affecting the existence of the Issuer or the title of the members of the Town Council to their respective offices or seeking to restrain or to enjoin the sale or issuance of the Bonds, or the levy, assessment or collection of assessment installments to pay the principal of and interest on the Bonds, or in any way contesting or affecting the validity or enforceability of the Bonds, the Resolution or the Documents, or contesting the powers of the Issuer with respect to the Bonds. (g) The Issuer has furnished the Placement Agent and the Purchaser with all information and materials concerning the Issuer and the Bonds that the Placement Agent requested (the "Information Package"). The following documents and information comprise the Information Package: the Assessment Engineer's Report, including per parcel and aggregate assessed valuations and assessment lien amounts and per parcel and aggregate value-to-lien calculations, historical property tax collections, Issuer demographic information, the Resolution and the form of the Indenture and Continuing Disclosure Agreement. The Issuer represents and warrants that all information made available to the Placement Agent by the Issuer or contained in the Information Package is, and at all times to and including the Closing Date will be, true and correct in all material respects and will not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements therein not misleading in light of the circumstances under which such statements are made. 3. Conditions to Closing. The obligations of the Placement Agent under this Agreement shall be subject, at the option of the Placement Agent, to the accuracy in all material respects of the representations, warranties and covenants on the part of the Issuer contained herein as of the date hereof and as of the Closing Date and to the performance by the Issuer of its obligations to be performed hereunder and under the Documents at or prior to the Closing Date and to the following additional conditions: (a) At the Closing Date, the Bonds and the Documents shall have been duly authorized, executed and delivered by the respective parties thereto, in substantially the forms heretofore submitted to the Placement Agent with only such changes as shall have been agreed to by the Placement Agent, and the Documents shall not have been amended, modified or supplemented, except as may have been agreed to in writing by the Placement Agent, and there shall have been taken in connection therewith, with the issuance of the Bonds and with the transactions described therein and in this Agreement, all such action as the Placement Agent and Bond Counsel shall deem to be necessary and appropriate; (b) Between the date hereof and the Closing Date, the market price or marketability, at the Purchase Price, of the Bonds shall not have been adversely affected, in the judgment of the Purchaser; 3 (c) At or prior to the Closing Date, the Placement Agent shall have received the following documents, in each case satisfactory in form and substance to the Placement Agent: (1) The Documents (or certified copies thereof) duly executed and delivered by the respective parties thereto, with such amendments, modifications or supplements as may have been agreed to by the Placement Agent; (2) The opinion of Stradling, Yocca, Carlson & Rauth, a Professional Corporation, Bond Counsel, dated the Closing Date in form and substance satisfactory to the Placement Agent, relating to the validity of the Bonds and the tax-exempt status of the Bonds, together with a letter from such counsel, dated the Closing Date and addressed to the Placement Agent to the effect that the foregoing opinion may be relied upon by the Placement Agent to the same extent as if such opinion was addressed to it; (3) A certificate of the Issuer, dated the Closing Date, in form and substance satisfactory to the Placement Agent, to the effect that: (i) the Issuer has complied with and satisfied all the conditions on its part to be performed or satisfied under the Documents at or prior to the Closing Date; (ii) the representations, warranties and covenants of the Issuer contained in this Agreement are true and correct as if made on the Closing Date; and (4) An Investor Letter, in the form attached to this Agreement as Exhibit A and in form and substance acceptable to the Placement Agent, executed by the Purchaser and addressed to the Placement Agent; and (5) Such additional legal opinions, certificates, proceedings, instruments and other documents as the Placement Agent or its counsel, if any, and Bond Counsel may reasonably request to evidence compliance by the Issuer with legal requirements, the truth and accuracy, as of the Closing Date, of the representations of the Issuer, and the due performance or satisfaction by the Issuer at or prior to such time of all agreements then to be performed and all conditions then to be satisfied by the Issuer. 4. Termination. This Agreement may be terminated by either party upon ten business days' prior written notice; provided, however, that: the Fee shall be immediately due and payable by the Issuer if the Issuer terminates this Agreement and sells the Bonds to an investor identified by Stifel to the Issuer prior to such termination and such sale occurs within six months after termination of this Agreement. 5. Expenses. There shall be paid solely from the proceeds of the sale of the Bonds, upon or promptly after the Closing: (a) the cost, if any, of the preparation and printing of the Bonds; (b) the fees and disbursements of Bond Counsel and of any other counsel or 4 consultants retained by the Issuer; and (c) the Fee. The Placement Agent shall be under no obligation to pay any expenses incident to this Agreement. 6. Regulatory Disclosure: The Issuer acknowledges that, in connection with the purchase and sale of the Bonds, the offering of the Bonds for sale and the discussions and negotiations relating to the terms of the Bonds pursuant to and as set forth in this Agreement that (a) the Placement Agent has acted at arm's length, is acting solely for its own account and is not agent of or advisor (including, without limitation, a Municipal Advisor (as such term is defined in Section 975(e) of the Dodd-Frank Wall Street Reform and Consumer Protection Act)) and owes no fiduciary duty to, the Issuer or any other person, (b) the Placement Agent's duties and obligations to the Issuer shall be limited to those contractual duties and obligations set forth in this Agreement, (c) the Placement Agent may have interests that differ from those of the Issuer, and (d) the Issuer has consulted its legal and financial advisors to the extent it deemed appropriate in connection with the offering and sale of the Bonds. The Issuer further acknowledges and agrees that it is responsible for making its judgment with respect to the offering and sale of the Bonds and the process leading thereto. The Issuer agrees that it will not claim that the Placement Agent acted as a Municipal Advisor to the Issuer or rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to the Issuer, in connection with the offering or sale of the Bonds or the process leading thereto. 7. Survival of Certain Representations and Obligations. The respective agreements, covenants, representations, warranties and other statements of the Issuer and its officers set forth in or made pursuant to this Agreement shall survive delivery of and payment for the Bonds and shall remain in full force and effect, regardless of any investigation, or statements as to the results thereof, made by or on behalf of the Placement Agent. 8. Notices. Any notice or other communication to be given to the Issuer under this Agreement may be given by delivering the same in writing to the Issuer at its address set forth above. Any notice or other communication to be given to the Placement Agent under this Agreement may be given by delivering the same in writing to Stifel, Nicolaus & Company, Incorporated, One Montgomery Tower, San Francisco, CA 94104, Attention: James Cervantes, Managing Director. 9. No Assignment. This Agreement has been made by the Issuer and the Placement Agent, and no person other than the foregoing shall acquire or have any right under or by virtue of this Agreement. 10. Applicable Law. This Agreement shall be interpreted. governed and enforced in accordance with the laws of the State of California. 11. Effectiveness. This Agreement shall become effective upon its execution by duly authorized officials of all parties hereto and shall be valid and enforceable from and after the time of such execution. 12. Severability. In the event any provision of this Agreement shall be held invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate or render unenforceable any other provision hereof. 5 13. Counterparts. This Agreement may be executed in several counterparts (including counterparts exchanged by email in PDF format), each of which shall be an original and all of which shall constitute but one and the same instrument. [Remainder of page left blank intentionally] 6 I 3. This Agreement shall be governed by and construed in accordance with the laws of the State. Respectfully submitted, STIFEL, NICOLAUS & COMPANY, INCORPORATED ....................................................................... James R. Cervantes Managing Director ACCEPTED this of , 20 . Town of Tiburon By................................................................... Greg Chanis, Town Manager Town of Tiburon, California ATTEST: ....................................................................... Clerk 7 EXHIBIT A FORM OF INVESTOR LETTER [Address to Issuer and Stifel, Nicolaus & Company, Incorporated] Re: Town of Tiburon Assessment District 2017-2 (Virginia Undergrounding District) 2018 Series A Bonds Ladies and Gentlemen: The undersigned (the "Investor") hereby acknowledges that it is purchasing $ aggregate principal amount of Town of Tiburon Assessment District 2017-2 (Virginia Undergrounding District) 2018 Series A Bonds (the "Bonds") issued by the Town of Tiburon (the "Issuer") pursuant to a Resolution (the "Resolution") adopted by the Town Council on June _, 2018 and a Bond Indenture dated as of July 1, 2018 by and between the Issuer and U.S. Bank National Association, as trustee (the "Indenture"). Capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Resolution and the Indenture. This letter is being provided pursuant to a Placement Agent Agreement, dated June , 2018 (the "Placement Agreement"), between the Issuer and Stifel, Nicolaus & Company, Incorporated (the "Placement Agent"). The Investor acknowledges that the proceeds of the Bonds will be used for to finance the design and engineering of certain improvements to underground utilities within the Town of Tiburon Assessment District 2017-2 (Virginia Undergrounding District (the "Assessment District"), fund the Reserve Fund under the Indenture and pay the costs of issuing the Bonds and certain capitalized interest on the Bonds all as described in the Indenture. The Bonds together with interest thereon shall be payable from assessments levied on property in the Assessment District and other amounts pledged under the Indenture. In connection with the sale of the Bonds to the Investor, the Investor hereby makes the following representations upon which you may rely: 1. The Investor has the authority and is duly authorized to purchase the Bonds and to execute this letter and any other instruments and documents required to be executed by the Investor in connection with its purchase of the Bonds. 2. The hivestor is (a) a "qualified institutional buyer" as that term is defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), or (b) an "accredited investor" as that term is defined in Regulation D under the Securities Act. 3. The Investor is not purchasing the Bonds for more than one account. The Bonds are being acquired by the Investor solely for investment and not with a view to, or for resale in connection with, any distribution of the Bonds, and the Investor intends to hold the Bonds solely for its own account for investment purposes for an indefinite period of time and does not intend to dispose of all or any part of the Bonds. [However, the Investor may sell the Bonds, in whole, at any time the Investor deems appropriate, subject to the transfer restrictions set forth in the Bonds and in the Indenture.] The Investor understands that it may need to bear the risks of this investment for an indefinite period of time, since a sale of the Bonds, or any portion thereof, prior to maturity may not be possible. 4. The hlvestor understands that the Bonds are not, and are not intended to be, registered under the Securities Act and that such registration is not legally required as of the date hereof, and further understands that the Bonds (a) are not being registered or otherwise qualified for sale under the `Blue Sky" laws and regulations of any state, (b) will not be listed in any stock or other securities exchange, (c) will not carry a rating from any rating agency, and (d) will be delivered in a form that may not be readily marketable. 5. The investor- acknowledges that it has either been supplied with or been given access to information, an assessment engineer's report and other information, which it has requested from the Issuer and to which a reasonable investor would attach significance in making investment decisions, and the Investor has had the opportunity to ask questions and receive answers from knowledgeable individuals, including its own counsel, concerning the Issuer and the Bonds and the security therefor so that, as a reasonable investor, the Investor has been able to make a decision to purchase the Bonds. The Investor has such knowledge and experience in financial and business matters that it is capable of evaluating the merits and risks of its prospective investment in the Bonds. 6. The Investor acknowledges that the Bonds are payable solely from the Assessments and moneys on deposit in the Assessment Fund, the Redemption Fund and the Reserve Fund as set forth in the Indenture and that the Issuer is not obligated to apply any other funds to repay the Bonds or perform any of its obligations under the Indenture. The Bonds are special obligations of the Issuer and do not represent an obligation of the County of Marin, the State of California or any other public entity. 7. The Investor has made its own inquiry and analysis with respect to the Bonds and the security therefor, and other- material factors affecting the security and payment of the Bonds. The Investor is aware that there are certain economic and regulatory variables and risks that could adversely affect the security for the Bonds. The Investor has reviewed the documents executed in conjunction with the issuance of Bonds, or summaries thereof, including, without limitation, the Resolution and the Indenture. 8. The Investor acknowledges and agrees that the Issuer takes no responsibility for, and makes no representation to the Investor, or any subsequent purchaser, with regard to, a sale, transfer or other disposition of the Bonds in violation of the provisions hereof, or any securities law or income tax law consequences thereof. The Investor also acknowledges that, with respect to the Issuer's obligations and liabilities, the Investor is solely responsible for compliance with 2 the sales restrictions on the Bonds in connection with any subsequent transfer of the Bonds made by the Investor. 9. The Investor agrees that it is bound by and will abide by the provisions of the Indenture relating to transfer, the restrictions noted on the face of the Bonds and this Investor Letter. The Investor also covenants to comply with all applicable federal and state securities laws, rules and regulations in connection with any resale or transfer of the Bonds by the Investor. 10. The Investor acknowledges that the sale of the Bonds to the Investor is made in reliance upon the certifications, representations and warranties herein by the addressees hereto. 11. The interpretation of the provisions hereof shall be governed and construed in accordance with State of California law without regard to principles of conflicts of laws. 12. All representations of the Investor contained in this letter shall survive the execution and delivery of the Bonds to the Investor as representations of fact existing as of the date of execution and delivery of this Investor Letter. Date: , 20 Very truly yours, Investor: By: Name: Title: TOWN OF TIBURON Town Council Meeting 1505 Tiburon Boulevard June 6,2018 Tiburon,CA 94920 Agenda Item:, STAFF REPORT To: Mayor and Members of the Town Council From: Office of the Town Manager Subject: Pic 'c Area Proposal s Reviewed By: L BACKGROUND On April 20, 2016, the Town Council approved the Trestle Trail project and authorized a donation of$40,000 toward the project. After design was completed, the project was awarded on September 20, 2017 and construction was completed on February 20, 2018. On February 7, 2018 the Town Council approved an exemption to allow plaques to be placed on the back of the benches installed as part of the Trestle Trail project. In March 2018, Jim Wood presented staff with an idea to provide new vegetation along both sides of the Trestle Trail and to install picnic tables in an area adjacent to the Trail's entrance. On May 3, 2018, he formalized this request. Accordingly, staff has processed the request through the Parks Open Space and Trails Commission(POST) and the Heritage and Arts Commission(H&A) and is now bringing the request to Council. Materials concerning the subject proposal are attached as Exhibit 1. POST considered the proposal at their regular meeting of May 15, 2018 and expressed unanimous support of the project with the condition that the proposed tree not be a species that would grow tall enough to obstruct residents' views. Chair Allen stated that he was not supportive of the plaques but that the decision on this topic was better suited for the H&A. H&A considered the proposal regarding the `donor' plaques on May 29, 2018. The Heritage and Arts Commission asked for additional clarifying information from staff, and did not have a quorum to vote on a recommendation, as one member present indicated she would recuse herself from the vote. Staff plans to return to H&A in the future to seek a recommendation regarding the proposed plaque(s) and bring that recommendation to Council at a later date. ANALYSIS There are two separate but interrelated issues to analyze. These include: 1. Planting along the Trestle Trail and the Trestle Trail entrance 2. The installation of a picnic area at the entrance to Trestle Trail TOWN OF TIBURON PAGE 1 OF 3 Nicaing Planting along the Trestle Trail and the Trestle Trail entrance Staff is supportive of improving the appearance of the area adjacent to the Trestle Trail entrance, but also has identified several concerns Council should be aware of. One area of concern relates to the long-term viability of plants in this area, especially along the sides of the Trestle Trail. The area currently lacks an irrigation system and the plants would require watering by hand, at least until they are established. Mr. Wood has indicated that volunteers would provide the labor for this watering. Staff consulted with a landscaping contractor regarding the proposed vegetation and location and was advised that the area: contains poor quality soil, is currently home to invasive species, and as pointed out above, lacks irrigation. This may increase the likelihood of plant failure, further increasing the ongoing cost of maintaining the area if the project moves forward. Some plants were planted this spring as an experiment. and they are faring well, in large part due to Mr. Wood and other volunteers having devoted many hours to caring for them. The proposal includes funding the maintenance of the new planting areas for a period of two years, after which the plants would require additional long-term maintenance, which would likely be the responsibility of the Town. The proposal calls for a Town approved Contractor to provide the ongoing maintenance for the initial two-year period and envisions the Town monitoring and paying the contractor from funds deposited by the proponents. It is uncertain what the exact scope of the maintenance will be, and if a company will be found to accept the maintenance liability for this area over the initial two-year period. Staff has reached out to Gardners' Guild, a landscaping contractor that is regularly used by the Town, who declined to provide a proposal for this project due to the poor site conditions. Staff has asked the project proponents for a recommended contractor for the maintenance work but has not received a response. The installation of a picnic area at the entrance to Trestle Trail In addition to the installation of new vegetation as discussed above, the plan also includes installation of two picnic tables in a decomposed granite area. Staff is not certain that the public would frequent the picnic area. The existing three picnic tables located downhill from the subject area, constructed in 2015, appear to receive only sporadic use. The proposed picnic area would be exposed to roadway noise due to its location roughly 50 feet from Tiburon Boulevard. Photographs of the project site are attached as Exhibit 2. The two tables would be separated by about 8 feet, whereas the Blackie's Pasture Picnic Area was designed to provide greater privacy with tables separated by over 60 feet. All the tables at Blackies have trees to the south of the tables, which will provide increasing amounts of shade as the trees mature. The only tree in the Trestle Trail location is to the west and northwest, providing limited shade. The tables in Blackies picnic area are closer to the parking lot and to the restrooms. For these reasons staff believes there is less chance of these tables being used than the current tables in Blackies Pasture. FINANCIAL IMPACT The project narrative describes funding that was originally raised for the construction of Trestle Trail and states that$50,000 remains for the Trail's maintenance. These funds are held by the Tiburon Peninsula Foundation and would be used for these proposed improvements. __.__._..__._.._. ...._.___..__.__.....___._........._..�......................__..........._...................._...............__-__._.._._......._..._.... __.._......_._..._...._.._._.._.._.. _...... . v \ �1 f r„ ()t`,� Zn -`t� June 6. 8 The proposal includes funding for maintenance for two years. As mentioned above, funding for long-term ongoing maintenance and replacement is uncertain, and would likely become the responsibility of the Town. The project will require some staff time for design review and project construction management. STAFF RECOMMENDATION Staff recommends that the Town Council: 1) Receive a presentation from Mr. Wood. 2) Take any public comment on the item. 3) Provide comments and a recommendation regarding the project for each of the design elements: a. Planting b. Picnic Table Area EXHIBITS 1. Mr. Wood's Picnic Area Proposal 2. Photographs of Existing Site Conditions Prepared By: Patrick Barnes, Town Engineer _,. _ . _ _.._........................ _......_.__... EXHIBIT NO, E MAY 3, 2018 TRESTLE TRAIL ENTRANCE AREA Project Description: The intent of the Trestle Trail Entrance Area is to provide a sense of arrival, or beginning point, to the 540-foot long concrete walkway titled Trestle Trail. At present, that space is barren, flat and lacking enticements to proceed down Trestle Trail. Elements that will remedy this condition include a large oak tree, two picnic tables and benches, several_ decorative large rocks and approximately 1,000-square-feet of decomposed granite (DG) semi-hard surfacing. The Entrance Area will be modestly landscaped with four varieties of drought- tolerant, California native plants. These plantings will continue at intervals the length of Trestle Trail to its terminus. Once there visitors will encounter two plaques that describe the railroad history of the surrounding area, as well as that of the Town of Tiburon. Also in view will be 40-feet of historic railroad and the few remaining timbers of the Tiburon Trestle that was constructed in 1884 (these latter items are in place and are not part of this proposal). Project Funding: From the inception of the Trestle Trail it has been asserted that if funds remain after construction costs are met, these funds would be applied to the landscaping and maintenance of Trestle Trail. In approximate numbers, $290,000 was raised for Trestle Trail's construction; construction costs totaled $240,000; and so $50,000 remains to landscape and maintain Trestle Trail. It is estimated that Trestle Trail's Entrance Area will cost between $25,000 and $30,000 to complete, with the mundane tasks such as ordering, arranging for delivery and/or picking up items, being performed by volunteers. Project Maintenance: From the inception of Trestle Trail it has also been stated that proper maintenance of the project is vital to its success as a community resource. Therefore, the Trestle Trail Organizing Committee envision aligning itself with a town-approved contractor who will serve as Trestle Trail's "caretaker" for 2019 and 2010. For two, three-hour visits a month, the costs of this range from $4,800 to $6,000 a year; totaling $9,600 to $12,00 for two years. Once a contract is agreed upon, the amount necessary to fund maintenance will be deposited with the Town of Tiburon for dispersing. As for maintenance from now until 2019, volunteers will assume that role which includes bringing the plants to where they require the absolute minimum in irrigating (there is no water available along Trestle Trail). As for post 2020, either a group to be formed, e.g. Friends of Trestle Trail (or possibly the Tiburon Peninsula Foundation) will assume that responsibility with a pledge now that a definite arrangement will be in place no later that June 30, 2020. At no point in the three-year development of Trestle Trail has it been contemplated that the Town of Tiburon would maintain Trestle Trail. Project Signage: Plans currently call for the Town of Tiburon to install a Tiburon Peninsula Foundation Historical Plaque, highlighting the town's railroad past, as a way of welcoming visitors at the entrance to the DG/picnic table area. It is also envisioned there would be two plaques, each no larger than 12" x 24", positioned on the area's large rocks. One plaque will honor the major financial contributors to Trestle Trail along with contractors who donated time and materials to its completion; the other plaque will recognize the purchasers of Donor Spikes that helped fund Trestle Trail. Mock-ups of these plaques will be readily available for viewing. Project Plans: See attached. Project Coordinator: Jim Wood - 415-789-5032 or jwood@marinmagazine.com EXHIBIT NO. Z �r IN y ay. SAwl s 3y+,�.".; s VREIN Asa— pit UL WA lvm- s�q{ r 1 � 5 S E Y Y? r i � F rk .f f K E S f o ht 3 i{ F $ AR iw n, t S 3 FJ # �W5 � r � 11, 'y s r -04 # # s i SCOPE OF WORK —FOOT OF SLOPE CREATE PLANTED BERM WITH _ %* EXCAVATED SOIL FROM PICNIC AREA tP MAX 3 TALL MAX �. r r,- DECOMPOSED GRANITE, a SEE NOTES ^sniff "�MTRE SEAS E€' 1.3.0 R VAULT �8's�ICNIC TABLE,TYP POSTYY w- � 4, \\ _....._.BOULDERS,TYP 124" CONCRETE PLATFORM FOR TIBURON PENINSULA "1, I FOUNDATION �1s4 HISTORICAL PLAQUE ELECTRICAL — —36— — " ♦� 2q �) (THEN&NOW) TRANSFORMER 1 POSSIBLE LOCATION FOR -. ... ..,1._. ...... TWO PLAQUES RAIL HIGH VOLTAGE ELECTRICAL VAULT N SHALES �•�••••�•� 0 OF G TRESTLE TRAIL ENTRANCE AREA 0 16' LAN DIS►CAPE TIBURON 04May 2018 ARCHITECTURE SHADES OF GREEN LANDSCAPE ARCHITECTURE 13ft BRI-I—AUT0,CA \ \ ^♦♦ SCOPE OF WORK `9 \ \ FOOT OF SLOPE E0F cnuc \\CREATE PLANTED BERM WITH __ __ 41,` EXCAVATED SOIL FROM ` \ \ PICNIC AREA - \ \ 1:3 MAX.3'TALL MAX _ __ ♦e \ ' _ \ - 41* O 1 �,♦ DECOMPOSED GRANITE, ACNE ` _ ✓ 0" ♦ SEE NOTES ),"[REE,SEE SHEET L3.0 N I \ \ \ ♦4%.VAULT qSph �♦�\ I \ \ \ 113 1 91 \ I _ ♦ 0 POST A�Ty �♦� \ l 0 1 O Q Lu z \ ♦` 90 \ 124°1` \ ��; / I J a J VQ a- 124 I ELECTRICAL�� v) ` \\ - -36- - ♦♦ �11,24� TRANSFORMER Eu Y ZO V) Lu � mF- 8'-3" L——————j Erisiouz. RAIL HIGH VOLTAGE ELECTRICAL VAULT B O GENERAL NOTES MATERIAL NOTES GENERAL LAYOUT LEGEND SYMBOL DESCRIPTION J 1.VERIFY EXISTING SITE INFORMATION,INCLUDING STREET 1. USE LOCAL AND REGIONAL MATERIALS,AND USE RECYCLED Q GRADES,UTILITIES,PROPERTY LINES,LIMITS OF ROADWAYS, AND SALVAGED MATERIALS WHENEVER POSSIBLE.ALL MATERIALS (E) EXISTING w CURBS AND GUTTERS,AND NOTIFY THE LANDSCAPE ARCHITECT TO COME FROM MAX.500 MILES FROM SITE. F WITH ANY DISCREPANCIES. (N) NEW Q 2.USE MATERIALS WITH A LONG LIFE SPAN. 2. PROVIDE WRITTEN NOTIFICATION OF ALL DISCREPANCIES TYP TYPICAL BETWEEN EXISTING AND PROPOSED SITE IMPROVEMENTS. 3.RECYCLE UNUSED CONSTRUCTION MATERIALS BY DROPPING - F- AT LOCAL SALVAGE YARDS.AVOID LANDFILL DEPOSITS AS MUCH ------- EXISTING CONTOUR Q Z 3.REFERENCE TO NORTH REFERS TO TRUE NORTH.REFERENCE AS POSSIBLE.ASK LANDSCAPE ARCHITECT FOR LIST OF SALVAGE °TREX METAL HEADER,SET FLUSH W' n } TO SCALE APPLIES TO FULL-SIZED DRAWINGS ONLY.DO NOT DROP PLACES. NEW TREE DECOMPOSED GRANITE FINISH GRADE g 5 SCALE FROM REDUCED DRAWINGS. 4.FOR ALL DECOMPOSED GRANITE SURFACES INSTALL 3'OF PLANTING /--GRAVEL OR STABILIZED UNSTABILIZED GOLD DG OVER 6'OR CLASS 2 BASE OVERDECOMPOSED GRANITE,SEE NOTES AREA LAYOUT NOTES PREPARED SUBGRADDECOMPOSED GRANITE PAVING E uo. TREX HEADER FILTER FABRICAT GRAVEL PAVING 1.DIMENSIONS NOTED TAKE PRECEDENCE OVER SCALE. S.USE 6'TREX HEADER SIMILAR TO OTHER EXISTING �1blmk AWkIbA. I \\\\\\\\\\\ \ \ 2.ALL MEASUREMENTS ARE TO FACE OF BUILDING,WALL,CURB DECOMPOSED GRANITE AREAS IN THE PASTURE. D A-er. OR OTHER FIXED SITE IMPROVEMENT,OR TO CENTERLINE AS 6.CREATE BERMS FOR PLANTING AROUND PICNIC AREA WITH NOTED. EXCAVATED SOIL FROM SITE. j j\1 /j\I1 �LF - ESI ieweo er. COMPACTED AGGREGATE BASE 3.WHERE DIMENSIONS ARE CALLED AS'EQUAL,ALL REFERENCED ITEMS SHALL BE SPACED EQUALLY,MEASURED TO THEIR j\//\/ ///\ J-1 llJ=11EfIE1 _METAL STAKE 4'-W O.C.AND AT CENTERLINES. ALL"WILD"ENDS issue oA ' ,METAL HEADER AND DECOMPOSED GRANITE Ll . SHADES OF GREEN LANDSCAPE :z ARCHITECTURE \ \\ \ \\ \\ \ SCAPf4 \ �� �► FOOT OF SLOPE � � ♦ ' \ \ ♦ SCOPE OF WORK s�rforcnuf°�`�P \\ \ CREATE PLANTED BERM WITH EXCAVATED SOIL FROM ` PICNIC AREA \\ \ \ 1:3 MAX.3'TALL MAX O ACNE `♦ \\ 10 `� —DECOMPOSED GRANITE, \ SEE NOTES (N)TREE,SEE SHEET L3.0 f \ \ \ ♦` 8k5'PICNIC TABLE,TYP R VAULT gspyq ♦\ I \ \ 113 ♦♦♦ 9" _� 0 POST �Ty ♦♦ \ o p Q h w Z BOULDERS,TYP ♦♦ v 124`L CONCRETE PLATFORM J QJ ♦♦ b FOR TIBURON PENINSULA p. V FOUNDATION 124 HISTORICAL PLAQUE ELECTRICAL N LLI ` \ \ — — —36— ♦♦ 1 124' e i (THEN&NOW) TRANSFORMER Y O ♦♦ o f o� u V) uj POSSIBLE LOCATION FOR TWO PLAQUES L------� c.isror+s. RAIL HIGH VOLTAGE ELECTRICAL VAULT 0 8 O GENERAL NOTES MATERIAL NOTES GENERAL LAYOUT LEGEND SYMBOL DESCRIPTION 1.VERIFY EXISTING SITE INFORMATION,INCLUDING STREET 1.USE LOCAL AND REGIONAL MATERIALS,AND USE RECYCLED 4 GRADES,UTILITIES,PROPERTY LINES,LIMITS OF ROADWAYS, AND SALVAGED MATERIALS WHENEVER POSSIBLE.ALL MATERIALS (E) EXISTING d' CURBS AND GUTTERS,AND NOTIFY THE LANDSCAPE ARCHITECT TO COME FROM MAX.500 MILES FROM SITE. w WITH ANY DISCREPANCIES. (N) NEW Q 2.USE MATERIALS WITH A LONG LIFE SPAN. 2.PROVIDE WRITTEN NOTIFICATION OF ALL DISCREPANCIES TYP TYPICAL dJ BETWEEN EXISTING AND PROPOSED SITE IMPROVEMENTS. 3.RECYCLE UNUSED CONSTRUCTION MATERIALS BY DROPPING - F_ AT LOCAL SALVAGE YARDS.AVOID LANDFILL DEPOSITS AS MUCH ------- EXISTING CONTOUR 3. REFERENCE TO NORTH REFERS TO TRUE NORTH.REFERENCE AS POSSIBLE.ASK LANDSCAPE ARCHITECT FOR LIST OF SALVAGEO O Z TO SCALE APPLIES TO FULL-SIZED DRAWINGS ONLY.DO NOT DROP PLACES. NEW TREE g SCALE FROM REDUCED DRAWINGS. 'f TREX METAL HEADER,SET FLUSH Wi C 4.FOR ALL DECOMPOSED GRANITE SURFACES INSTALL 3'OF DECOMPOSED GRANITE FINISH GRADE UNSTABILIZED GOLD DG OVER 6'OR CLASS 2 BASE OVER DECOMPOSED GRANITE,SEE NOTES LAYOUT NOTES PREPARED SUBGRADE. PANAREA GRAVEL OR STABILIZED ec,Ho. 1.DIMENSIONS NOTED TAKE PRECEDENCE OVER SCALE. ---- 6'TREX HEADER DECOMP05ED GRANITE PAVING 5.USE 6'TREX HEADER SIMILAR TO OTHER EXISTING DECOMPOSED GRANITE AREAS IN THE PASTURE. FILTER FABRIC AT GRAVEL PAVING 2.ALL MEASUREMENTS ARE TO FACE OF BUILDING,WALL,CURB rl 1 �s rr 31,owo ay. OR OTHER FIXED SITE IMPROVEMENT,OR TO CENTERLINE AS 6.CREATE BERMS FOR PLANTING AROUND PICNIC AREA WITH NOTED. EXCAVATED SOIL FROM SITE. 3.WHERE DIMENSIONS ARE CALLED AS'EQUAL',ALL REFERENCED ITEMS SHALL BE SPACED EQUALLY,MEASURED TO THEIR \\/\\j/\\\j\ /\\ - -- COMPACTED AGGREGATE BASE "- CENTERLINES. \\/\\\/�\\l/�\\� =1I=11k1f61 METAL STAKE 4 '4'O.C.AND Al' ~ ALL"WILD"ENDS METALr-a HEADER AND DECOMPOSED GRANITE L 1 .0 1 /scalF.r- SHADES -fAGLEM=10—' / OF GREEN LANDSCAPE ARCHITECTURE `IPI CAN102�- 1 AusAur,<e \\ \\ IS'i/OEf/(6PS///'Jj'; //� _�\ \\`� �` ry// 11 I NDscA 9 \ \ \ 1 I I I'l ll' I f �- �^ \� \ \ � // 1 1 1 zh•Y,,,onae tn,,,s TREE STAKE q p. ,l0 1 CEA YAN-Ib \ \ \ r AMENDED TOPSOIL (E)OAK I DEEP LAYER OF 4"STONE GRAVEL o� 36 8 X `BAC PIL-b\— \ \\ (E) BUCKEYE \\ \ ` ���� \`\"�\\ �`� \ TAG LEM-10 \ \ \ I Q 9q\ BUCNEYE'IkEEC rvrxri I ( W Z GENERAL LAYOUT LEGEND q}� \ `\ \ s; \`�\ \� l �`` I � W SYMBOL DESCRIPTION \'11 f 1 1 s L TOP SOILOMPACWITHOUTO LL AMENDMENTS F— (E) EXISTING (N) NEW TYP TYPICAL TREE PLANTING DETAIL W_ Z ___ EXISTING CONTOUR \ \\��\\ / `� — \j\ \\\\\\��\�\\\O�\\ C'4, �J v,EE i.-io LU QY 0 e 0A1 /P \\\� \ BO s ~N— UJI J NEW TREE OAK / \� ��\��\ /Q\ \ 1 `\\\\\\��\ \\\\\\ LlF� N CO F DECOMPOSED GRANITE,SEE NOTES ON SHEET LI.O .— \\\� PLANTING NOTES \\\ 1 (E)BUCKEYE- 1. UCKEYE—\ �\I 1.ALL PLANTING AREAS SHALL BE FREE OF ALL DELETERIOUS MATERIALS AND 1 1 \\\\�\1 1 / \ / � Q WEEDS PRIOR TO PLANTING.USE NO CHEMICALS. 2.ALL PLANT LOCATIONS SHALL BE CONFIRMED IN THE FIELD BY THE LANDSCAPE ARCHITECT.000RDINATE THE LOCATIONS OF ALL PLANTING WITH EXISTING AND P ® ROPOSED SITE FEATURES, UNDERGROUND UTILITIES,DRAINAGE STRUCTURES, 1 1 LIGHT FIXTURES,ETC,ANY CONFLICTS TO BE BROUGHT TO THE ATTENTION OF THE \`` ' LANDSCAPE ARCHITECT. 3.ALL PLANT QUANTITIES AND SIZES OF PLANT AREAS TO BE CONFIRMED IN HELD BY CONTRACTOR. CAN � oO ZAA® o FOOT OF SLOPE EPI -20O \\\ \ \ Q /�V QO \\�\ 4.PLANTS SHALL BE SUFFICIENTLY ROOTED TO THE EDGE OF THE CONTAINER AND 0 \-- `� PLANTED BERM TO AN EXTENT SUFFICIENT TO HOLD THE ROOTBALL INTACT WHEN REMOVED FROM e \`\ Q. ©� O ®Q '� THE CONTA)NER. \O 5.PLANTS SHALL BE FREE FROM ALL PESTS AND DISEASES.NO PLANTS SHALL BE ----BAC PIL-18 ® ® ® CEA YAN-18 ACCEPTABLE THAT SHOW SIGNS OF CIRCLING OR GIRDLING OF ROOTS,OR ANY \\�Q�® \®O'Dea ��Z OTHER ROOT-BOUND CONDITION.PLANTS SHALL BE UNDAMAGED AND HAVE O ® ®®®® r (N)36"BOX QUERCUS nom. PROPER BRANCH STRUCTURE. CEA YAN-2 \��� ®® ,1 AGRIFOLIATREE tq \ Z 6.EXCAVATE PLANTING PITS AS FOLLOWS: 0�� O \ o F. TREES:BALL WIDTH+24 INCHES,SHRUBS AND VINES:BALL WIDTH+121NCHE5,6 -�I �Q Z INCH GROUNDCOVER BEDS:AS REQUIRED qn I `1 a 7.ALL PLANTS SENSITIVE TO WATER BORNE FUNGI SHALL BE PLACED 3 INCHES \ / ABOVE FINISHED GRADE.ALL OTHER PLANTS SHALL BE PLANTED 1 INCH ABOVE \ FINISHED GRADE.MOUND UP SOIL TO KEEP ROOTS FROM DRYING OUT. 8.FORM WATERING BASINS AT ALL TREES AND SHRUBS AND WATER ALL NEW PLANT SCHEDULE EPI CAN-15 \ / ra , PLANTINGS DEEPLY AND THOROUGHLY. Abbrev Scientific Name Common Name Container Plant Spacing REG 1 WUCOLS Qty TAG LEM-10 9.ALL TREES TO BE GUYED AND STAKED AS REQUIRED. TREE QUE AGR Quercus agrlfolla Coast Live Oak 36"BOX See Plan 1 TAG LEM-15 �EwED eY 10.ALL PLANTING AREAS WITH GROUNDCOVER AND SHRUBS SHALL RECEIVE A 3 SHRUB INCH LAYER OF RE-GROUND BARK MULCH.KEEP 31NCHES AWAY FROM STEM OR BAC PIE Bacchaf15 pllularls'Twin Peaks' Dwarf Coyote Brush I GAL 48"O.C. Low 24 --EPI CAN-19 TRUNK.A MULCH SAMPLES SHALL BE.SUBMITTED TO LANDSCAPE ARCHITECT FOR TAG LEM Tagetes lemrnorlii Mexican Marigold I GAL 48"O.C. 45 e APPROVAL PRIOR TO MULCH DELIVERY TO SITE. PERENNIAL 11.PURCHASE OF OAK TREE IS NOT IN CONTRACT.OAK TREE WILL BE PURCHASED EPICAN Epiloblum Canum(Zauschnerla Californica) California Fuchsia 1GAL 42"O.C. LOW 64 BY TRESTLETRAIL VOLUNTEER.PLANTING AND EXCAVATING OF OAK TREE ARE GROUNDCOVER D x A w 1 n c 11 INCLUDED IN THE CONTRACT. CEA YAN Ceanothus griseus van.hori20ntalls'Yankee Point" Yankee Point Wild Lilac 1 GAL 72"O.C. Low 63 L3.0 0 20 TOWN OF TIBURON Town Council Meeting T 1505 Tiburon Boulevard June 6,2018 Tiburon,CA 94920 Agenda Item: STAFF REPORT To: Mayor& Members of the Town Council From: Community Development Department Subject: A) Amend Tiburon Municipal Code Title VI, Chapter 20 (Animals) to Achieve Consistency with Recent Amendments Adopted by the County of Marin and Other Marin Municipalities (Ordinance Introduction) B) Adopt Revised Fee Schedule for Animal Control Services L '(Resolution) Reviewed by `°�°�- BACKGROUND The Town of Tiburon is obligated under state law to provide animal control services, and does so under a cooperative arrangement with other Marin County agencies. Through a Joint Powers Authority (JPA), the County of Marin contracts with the Marin Humane Society on behalf of all of the Marin municipalities for provision of countywide animal control services. The member agencies of the JPA then adopt essentially identical animal control regulations and fees. The Marin County Board of Supervisors, on behalf of the JPA, recently negotiated a new three year agreement with the Marin Humane Society to provide animal control services. This agreement stipulates certain fee increases as well as relatively minor amendments to the animal control regulations. The JPA requires all municipalities and the County of Marin to adopt the same fee schedule and animal control ordinance provisions before they can be applied anywhere in the county. The County of Marin has adopted the ordinance revisions and an updated fee schedule, and has requested that municipalities adopt the ordinance and fee amendments by June 30, 2018, such that they will go into effect shortly thereafter countywide. FOCUS OF THE ORDINANCE AMENDMENTS The recently-adopted County animal control amendments focus on a handful of specific areas, including sections regarding vicious dogs,potentially dangerous dogs, quarantined animals,wild and/or undomesticated animals, and animal displays and/or exhibitions. The proposed Town of Tiburon ordinance incorporating these amendments is attached as Exhibit 1. In most instances the ordinance amendments are minor or reflect recent changes in state law. One change of substance is that the keeping of wild and/or undomesticated animals, which was formerly prohibited only in residential areas,is now prohibited in all areas of the county. A redline document depicting the proposed amendments is attached as Exhibit 2. Town Council Meeting June 6,2018 FEE UPDATES The proposed fee revisions are generally in the form of minor fee increases to cover higher costs by the Marin Humane Society to provide these services. The animal control service fees were most recently updated in 2012. The proposed fees are based upon a survey conducted by the Marin Humane Society in December 2017 comparing animal service fees in nearby counties including San Mateo, Contra Costa, Alameda, and San Francisco. The survey confirmed that the proposed increases to Marin's fee schedule are both appropriate and consistent with those other jurisdictions, and confirmed that the proposed fee increases do not exceed the cost of providing the services. A draft resolution adopting the updated fee schedule is attached as Exhibit 3. Attached Exhibit 4 provides a comparison of the existing and proposed fees for animal control services. Public notice of the proposed fee increases has been provided by the Town as required by law. The revised fees would become effective 60 days after adoption. FISCAL IMPACT Neither the municipal code revisions to Chapter 20 nor the fee schedule adjustments would have any direct fiscal impact on the Town of Tiburon. RECOMMENDATION Staff recommends that the Town Council: 1. Hold a public hearing on the draft ordinance amendments and the proposed fee schedule adjustments. 2. Discuss and deliberate as desired. 3. Move to adopt the Resolution establishing a revised fee schedule for animal control services. 4. Move, second, and pass a motion to read the ordinance by title only, waiving any additional readings. 5. Hold a roll call vote and pass first reading of the ordinance. If first reading is passed, the ordinance would return to the Town Council for adoption on June 20, 2018 as a consent calendar item. EXHIBITS 1. Proposed Ordinance setting forth amendments to Title VI, Chapter 20 (Animals) 2. Redline depicting proposed amendments to Title VI, Chapter 20 3. Draft Resolution adopting a revised Animal Control Fee Schedule 4. Comparison of existing and proposed animal control fees. Prepared by: Scott Anderson,Director of Community Development TOWN OP TIBLIRON Page 2 of 2 1 2 ORDINANCE NO. N.S. 3 4 5 AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF TIBURON 6 ADOPTING AMENDMENTS TO TITLE VI, CHAPTER 20 (ANIMALS) OF THE 7 TIBURON MUNICIPAL CODE 8 9 WHEREAS, Title VI, Chapter 20 of the Tiburon Municipal Code sets forth certain 10 regulations regarding animals; and 11 12 WHEREAS, the Town of Tiburon is obligated under state law to provide animal 13 control services, and does so under a cooperative arrangement with other Marin County 14 agencies, which adopt common regulations and fees; and 15 16 WHEREAS, animal control services for the Town of Tiburon and other Marin 17 County agencies are provided by the Marin Humane Society pursuant to a contract with 18 the County of Marin; and 19 20 WHEREAS, the County of Marin has recently revised its Animal Services 21 Ordinance and has requested Marin municipalities to adopt these revisions in order to 22 assure consistent application of certain laws regulating animals; and 23 24 WHEREAS, the Town Council of the Town of Tiburon desires to adopt the 25 revisions to Title VI, Chapter 20 of the Tiburon Municipal Code in order to incorporate 26 the revisions to the County of Marin Code and to allow for the uniform regulation of 27 animal control services countywide; and 28 29 WHEREAS, the Town Council has determined that the proposed revisions 30 promote and protect the public health, safety, and general welfare. 31 32 33 NOW, THEREFORE, the Town Council of the Town of Tiburon does ordain as 34 follows: 35 36 Section 1. Adoption of Amendments to Title VI, Chapter 20 (Animals). 37 38 Title VI, Chapter 20 (Animals) of the Tiburon Municipal Code is hereby amended 39 as follows: 40 Town of Tiburon Ordinance No.XXX N. S. Effective-4-42018 Page 1 of 7 � 1 �T . -,., ,, 0 . [ J :� 41 A. Section 20-2.040(c) is amended to read as follows: 42 43 (c) Any veterinarian operating either at an established place of business or at a 44 mobile clinic shall provide a copy of a rabies vaccination certificate for any cat or 45 dog vaccinated by him/her to the animal services provider within thirty (30) days 46 of vaccination. 47 48 B. Section 20-2.050 is amended to read as follows: 49 50 The owner/guardian of a quarantined animal shall pay a fee as established by 51 resolution of the Town Council toward the animal services' costs in providing and 52 insuring that the animal is properly quarantined. Following the initial setting of the 53 fee, the Town Council is authorized to revise or modify the fee by resolution of 54 the Town Council. If any person fails or refuses to obey any lawful order for 55 quarantine of an animal for rabies observation, any animal services officer may 56 impound the animal for such quarantine at additional expense to the 57 owner/guardian at the rate as may be established by resolution of the Town 58 Council. Following the initial setting of the fee, the Town Council is authorized to 59 revise or modify the fee by resolution of the Town Council. Quarantine fees are 60 payable within thirty (30) days of issuance of an invoice. Payment is delinquent if 61 not received within sixty (60) days. 62 63 C. Section 20-2.060 is amended to read as follows: 64 65 (a) A dog license fee shall be imposed on all dogs. The license fee for dogs which 66 have not been sterilized shall be established by resolution of the Town Council. 67 Following the initial setting of the fee, the Town Council is authorized to revise or 68 modify the fee by resolution of the Town Council. The fee is due and payable with 69 the issuance of a license as required in Section 20-2.030 of this chapter. 70 71 (b) The license fee for dogs which have been sterilized shall be established by 72 resolution of the Town Council. Following the initial setting of the fee, the Town 73 Council is authorized to revise or modify the fee by resolution of the Town Council. 74 The fee is due and payable with the issuance of a license as required in Section 75 20-2.030 of this chapter. 76 77 D. Section 20-2.181(b) is amended to read as follows: 78 79 (b) "Potentially dangerous dog" means any of the following: 80 (1) Any dog which, when unprovoked on two separate occasions within 81 the prior thirty-six month period, engages in any behavior that requires a 82 defensive action by any person to prevent bodily injury when the person Town of Tiburon Ordinance No.XXX N. S. Effective-4-42018 Page 2 of 7 EXHIBIT_L p. of 83 and the dog are off the property of the owner/guardian or keeper of the 84 dog; 85 (2) Any dog which, when unprovoked, bites a person causing a less 86 severe injury than as defined in Section 31604 of the Food and 87 Agricultural Code; 88 (3) Any dog which, when unprovoked, has killed, seriously bitten, 89 inflicted injury or otherwise caused injury attacking a domestic animal off 90 the property of the owner/guardian or keeper of the dog. 91 (4) Any dog that has been deemed by another governmental jurisdiction 92 as "potentially dangerous", "dangerous," or similar designation. 93 94 E. Section 20-2.181(c) is amended to read as follows: 95 96 (c) "Vicious dog" means any of the following: 97 (1) Any dog which, when unprovoked, in an aggressive manner, inflicts 98 severe injury on or kills a human being; 99 (2) Any dog previously determined to be and currently listed as a 100 potentially dangerous dog which, after its owner or keeper has been 101 notified of this determination, continues the behavior described in 102 subsection (b) of this section or is maintained in violation of Sections 103 31641, 31642 or 31643 of the California Food and Agricultural Code. 104 (3) Any dog that has been deemed by another governmental jurisdiction 105 as "vicious" or similar designation. 106 (4) Any dog which has engaged in any aggressive behavior that 107 demonstrates that the dog represents a clear and present substantial 108 danger to public health or safety and that due to substantial risk to public 109 health or safety it is unlikely that the dog could be safely maintained. 110 111 F. Section 20-2.181(e)(1 5)(A) is amended to read as follows: 112 (A) In accordance with the provisions of Food and Agricultural Code 113 Section 31641, the owner/guardian of a potentially dangerous dog 114 shall, in addition to the regular licensing fee, pay to the animal control 115 agency an annual fee established by resolution of the Town Council 116 for the increased costs of maintaining the records of the dog. 117 Following the initial setting of the fee, the Town Council is authorized 118 to revise or modify the fee by resolution of the Town Council. 119 120 G. Section 20-2.181(e)(1 6)(A) is amended to read as follows: 121 Town of Tiburon Ordinance No.XXX N. S. Effective-4-42018 Page 3 of 7 EXHIBIT( P._.L of 122 (A) The owner/guardian of a dog determined to be vicious shall, if it is not 123 subject to destruction, in addition to the regular licensing fee, pay to the 124 animal control agency an annual fee established by resolution of the Town 125 Council to provide for the increased costs of maintaining the records of the 126 dog. Following the initial setting of the fee, the Town Council is authorized 127 to revise or modify the fee by resolution of the Town Council. 128 129 H. Section 20-2.182 is amended to read as follows: 130 131 No person shall board, have, keep, maintain, display, or have in his/her 132 possession or control, for any length of time, in any area, any wild and/or 133 undomesticated animal, as defined in Section 20-2.183. 134 I. Section 20-2.183 is amended to read as follows: 135 136 For purposes of Sections 20-2.182 through 20-2.184, a "wild and/or 137 undomesticated animal' is defined as an animal which is wild by nature and not 138 customarily domesticated in Marin County and which, because of its size, 139 disposition or other characteristics could constitute a danger to human life or 140 property and/or require specialized handling. Such wild and/or undomesticated 141 animals shall be deemed to include but are not exclusive of: 142 (a) Class Mammalia. 143 (1) Order Carnivora. 144 (A) Family Felidae (cat) including but not limited to such members as 145 the tiger, the jaguar, the leopard, the lion, the serval, the mountain 146 lion, the bobcat, the ocelot and the cougar, excepting Felis 147 Domesticus (domestic cat), 148 (B) Family Hyaenidae (hyena), 149 (C) Family Urisideae (bear), 150 (D) Family Candidae (dog) excepting Canis Familiaris (domestic dog) 151 and including but not limited to such members as the wolf, coyote 152 and the jackal; 153 (2) Order Proboscidea (elephant); 154 (3) Order Primata (primates), including but not limited to the chimpanzee, 155 the baboon, the orangutan, the gibbon, the macaque and the gorilla, 156 excepting the Family Hominidae (human); 157 (4) Order Artiodactyla, even-toed hoofed mammals such as water buffalo, 158 camels, elk, moose, deer and antelope, excluding the domesticated species 159 of the Family Suidae (domestic pig) and Family Bovidae (cattle, sheep, 160 goats, llamas and alpacas); 161 (5) Order Perissodactyla, odd-toed hoofed mammals including the zebras, 162 tapirs and rhinoceros, excluding the domesticated species of the Family Town of Tiburon Ordinance No.XXX N. S. Effective-4-42018 Page 4 of 7 EXHIBIT J P-2L Of � 163 Equidae (horses, donkeys, etc.). 164 (6) Order Marsupialia, including kangaroos and wallabies; 165 (7) Order Pinnipedia, including seals, sea lions and walruses; 166 (8) Order Pilusa, including sloths and tamanduas. 167 (b) Class Reptilia. 168 (1) Order Squamata. 169 (A) Sub-Order Serpentes, all front and rear fanged venomous 170 snakes, 171 (B) Sub-Order Lacertilia, both venomous species of the Family 172 Heloder Matidae (gila monster and Mexican beaded lizard); 173 (2) Order Crocodilia (crocodile, alligator and caiman). 174 (c) Class Aves. 175 (1) Sub-Order Ratitae, such as, but not limited to, ostriches, rheas, 176 cassowaries and emus, excluding small caged birds such as parakeets, 177 canaries, love birds and finches. 178 (d) Class Chondrichthyes. 179 (1) Elasmobranchii, including sharks 180 (e) Any other species of the animal kingdom (as opposed to vegetable or mineral) 181 which is venomous to human beings whether its venom is transmitted by bite, 182 sting, touch or other means, excepting the honey-producing bee. 183 184 J. Section 20-2.184(c) is amended to read as follows: 185 186 (c) Penalty. Any person or entity other than a licensed California wildlife 187 rehabilitator or an American Zoological Association (AZA) accredited facility, 188 who boards, has, keeps, maintains, displays, or has in his/her possession or 189 control, for any length of time, any wild and/or undomesticated animal in 190 violation of any of the provisions of Sections 20-2.182 through 20-2.184 of this 191 chapter shall be guilty of a misdemeanor and shall be subject to imprisonment 192 in the county jail for not more than six months or a fine not to exceed one 193 thousand dollars or both. 194 195 K. Section 20-2.230 is amended to read as follows: 196 197 It is unlawful for any person to operate, conduct or maintain any commercial 198 show, circus, animal exhibition, carnival, advertising or educational display or 199 device in which any animal, wild or domestic, is used or kept without first 200 having obtained a permit from the animal services agency at least thirty days 201 prior to the scheduled event. . 202 (a) The animal services agency shall receive and review applications 203 for such permits upon the applicant's filing and payment of the 204 applicable permit fee imposed for such purposes as may be Town of Tiburon Ordinance No.XXX N. S. Effective-4-42018 Page 5 of 7 EXHIBIT pa 5 of � 205 established by resolution of the Town Council within thirty days of the 206 filing thereof. Following the initial setting of the fee, the Town Council 207 is authorized to revise or modify the fee by resolution of the Town 208 Council. Only one fee shall be paid per application, irrespective of 209 the number of animals or exhibitions for which the application is 210 made. 211 (b) The animal services agency may, in connection with this permit 212 authority, either establish operating conditions, deny the application 213 or revoke the permit if the animal services agency can reasonably 214 demonstrate that the conditions imposed upon issuance of the permit 215 or its denial are necessary to protect-the public health and safety or 216 provide for the humane care and treatment of any animals used or 217 kept. 218 (c) The animal services agency shall not issue permits for any wild 219 and/or undomesticated animal as defined in Section 20-2.183 of this 220 chapter or any other species they deem inappropriate in order to 221 protect public health and safety and/or animal welfare. 222 (d) For the Marin County Fair, operating conditions must be 223 conditions set out in the Fair Industry Animal Welfare Manual for the 224 Western Fairs Association, as may be amended from time to time. 225 For those conditions or exhibits not covered by the Fair Industry 226 Animal Welfare Manual, the animal services agency shall apply 227 operating conditions as described in subsection (b) of this section. 228 The Marin County Fair shall be entitled to a permit for its exhibits so 229 long as it is in compliance with operating conditions. 230 (e) The animal services agency shall make written findings regarding 231 the conditions imposed with issuance of the permit or written findings 232 and explanation for denial of the permit within seven business days 233 of receiving the application. The animal services agency may waive 234 the permit fee when the use of the animals for exhibit benefits a 235 nonprofit, educational or governmental organization and an 236 inspection of the exhibit is not necessary. If the animal services 237 agency denies or revokes a permit, the applicant or permittee may 238 request a hearing in accordance with the provisions of Section 20- 239 0- 239 2.241 of this chapter. 240 241 Section 2. Severability. 242 243 If any section, subsection, clause, sentence, or phrase of this Ordinance is for 244 any reason held to be invalid or unconstitutional by a decision of a Court of competent 245 jurisdiction, such decision shall not affect the validity of the remaining portions of the 246 Ordinance. The Town Council of the Town of Tiburon hereby declares that it would 247 have passed this Ordinance, any section, subsection, sentence, clause or phrase Town of Tiburon Ordinance No.XXX N. S. Effective-4-42018 Page 6 of 7 EXHIBIT_L p. of 4 248 thereof, irrespective of the fact that any one or more sections, subsections, sentences, 249 clauses, or phrases may be declared invalid or unconstitutional. 250 251 Section 3. Effective Date. 252 253 This Ordinance shall be in full force and effect thirty (30) days after the date of 254 adoption. Pursuant to the provisions of Government Code Section 36933, a summary 255 of this ordinance shall be prepared by the Town Attorney. At least five (5) days prior to 256 the Town Council meeting at which adoption of the ordinance is scheduled, the Town 257 Clerk shall (1) publish the summary in a newspaper of general circulation in the Town of 258 Tiburon, and (2) post in the office of the Town Clerk a certified copy of this ordinance. 259 Within fifteen (15) days after the adoption of this ordinance, the Town Clerk shall (1) 260 publish the summary in an newspaper of general circulation in the Town of Tiburon, and 261 (2) post in the office of the Town Clerk a certified copy of the full text of the ordinance 262 along with the names of those Council members voting for and against the ordinance. 263 264 This ordinance was read and introduced at a regular meeting of the Town 265 Council of the Town of Tiburon, held on the day of 12018, 266 and was read adopted at a regular meeting of the Town Council of the Town of Tiburon, 267 held on the day of 2018, by the following vote: 268 269 270 AYES: COUNCILMEMBERS: 271 272 NAYS: COUNCILMEMBERS: 273 274 ABSENT: COUNCILMEMBERS: 275 276 277 278 JIM FRASER, MAYOR 279 TOWN OF TIBURON 280 ATTEST: 281 282 283 284 285 LEA STEFANI, TOWN CLERK 286 Town of Tiburon Ordinance No.XXX N. S. Effective-4-42018 Page 7 of 7 EXHIBIT-L p.- of �' REDLINE OF PROPOSED AMENDMENTS A. Section 20-2.040(c) [Veterinarian Reporting Requirements] is amended to read as follows: (c) Any veterinarian operating either at an established place of business or at a mobile clinic shall provide a copy of a rabies vaccination certificate for any cat or dog vaccinated by him/her to the animal services provider within tm thirty 30 days of vaccination. B. Section 20-2.050 [Confinement and Quarantine] is amended to read as follows: The owner/guardian of a quarantined animal shall pay a fee as established by resolution of the Town Council toward the animal services' costs in providing and insuring that the animal is properly quarantined. Following the initial setting of the fee, the Town Council is authorized to revise or modify the fee by resolution of the Town Council. If any person fails or refuses to obey any lawful order for quarantine of an animal for rabies observation, any animal services officer may impound the animal for such quarantine at additional expense to the owner/guardian at the rate as may be established by resolution of the Town Council. Following the initial setting of the fee, the Town Council is authorized to revise or modify the fee by resolution of the Town Council. Quarantine fees are payable within thirty (30) days of issuance of an invoice. Payment is delinquent if not received within sixty(60) days. C. Section 20-2.060 [License Fee] is amended to read as follows: (a) A dog license fee shall be imposed on all dogs. The license fee for dogs which have not been sterilized shall be established by resolution of the Town Council. Following the initial settingoof the fee the Town Council is authorized to revise or modify the fee by resolution of the Town Council. The fee is due and payable with the issuance of a license as required in Section 20-2.030 of this chapter. (b) The license fee for dogs which have been sterilized shall be established by resolution of the Town Council. Following the initial setting of the fee, the Town Council is authorized to revise or modify the fee by ordinance or resolution of the Town Council. The fee is due and payable with the issuance of a license as required in Section 20-2.030 of this chapter. D. Section 20-2.181(b) [Potentially Dangerous Dogs] is amended to read as follows: (b) "Potentially dangerous dog" means any of the following: (1) Any dog which, when unprovoked on two separate occasions within the prior thirty-six month period, engages in any behavior that requires a defensive action by any person to prevent bodily injury when the person and the dog are off the property of the owner/guardian or keeper of the dog; (2) Any dog which, when unprovoked, bites a person causing a less severe injury than as defined in Section 31604 of the Food and Agricultural Code; (3) Any dog which, when unprovoked, has killed, seriously bitten, inflicted injury or otherwise caused injury attacking a domestic animal off the property of the owner/guardian or keeper of the dog. (4) Any dog that has been deemed by another governmental jurisdiction as "potentially dangerous", "dangerous," or similar designation. 1 , aNO.Aft! E. Section 20-2.181(c) [Vicious Dogs] is amended to read as follows: (c) "Vicious dog" means any of the following: (1) Any dog which, when unprovoked, in an aggressive manner, inflicts severe injury on or kills a human being; (1) Any dog seized under Seetion 599aa of the Penal Code and upon the sustaining-of-a eonvietion of the owner�guafdian under subdivision (a) of Seetion 597.5 of the Penal C-O( ; (2) Any dog previously determined to be and currently listed as a potentially dangerous dog which, after its owner or keeper has been notified of this determination, continues the behavior described in subsection (b) of this section or is maintained in violation of Sections 31641, 31642 or 31643 of the California Food and Agricultural Code. (3) Any dog that has been deemed by another governmental jurisdiction as "vicious" or similar designation. (4) Any dog which has engaged in any aggressive behavior that demonstrates that the dog represents a clear and present substantial danger to public health or safety and that due to substantial risk to public health or safety it is unlikely that the dog could be safely maintained. F. Section 20-2.181(e)(15)(A) [Potentially Dangerous and Vicious Dogs] is amended to read as follows: (A)In accordance with the provisions of Food and Agricultural Code Section 31641, the owner/guardian of a potentially dangerous dog shall, in addition to the regular licensing fee, pay to the animal control agency an annual fee established by resolution of the Town Council for the increased costs of maintaining the records of the dog. Following the initial setting of the fee, the Town Council is authorized to revise or modify the fee by resolution of the Town Council. G. Section 20-2.181(e)(16)(A) [Potentially Dangerous and Vicious Dogs] is amended to read as follows: (A)The owner/guardian of a dog determined to be vicious shall, if it is not subject to destruction, in addition to the regular licensing fee, pay to the animal control agency an annual fee established by resolution of the Town Council to provide for the increased costs of maintaining the records of the dog. Following the initial setting of the fee the Town Council is authorized to revise or modify the fee by resolution of the Town Council. 2 EXHIBIT p. of H. Section 20-2.182 [Prohibition of Wild/Undomesticated Animals]is amended to read as follows: No person shall board, have, keep, maintain, display, or have in his/her possession or control, for any length of time, in any area zoned tysidentia , any wild and/or undomesticated animal, as defined in Section 20-2.183. I. Section 20-2.183 [Definition of Wild/Undomesticated Animal] is amended to read as follows: For purposes of Sections 20-2.182 through 20-2.184, a"wild and/or undomesticated animal" is defined as an animal which is wild by nature and not customarily domesticated in Marin County and which, because of its size, disposition or other characteristics could constitute a danger to human life or property and/or require specialized handling. Such wild and/or undomesticated animals shall be deemed to include but are not exclusive of. (a) Class Mammalia. (1) Order Carnivora. (A) Family Felidae (cat) including but not limited to such members as the tiger,the jaguar,the leopard,the lion, the serval,the mountain lion,the bobcat,the ocelot and the cougar, excepting Felis Domesticus (domestic cat), (B) Family Hyaenidae(hyena), (C) Family Urisideae(bear), (D) Family Candidae(dog)excepting Canis Familiaris(domestic dog)and including but not limited to such members as the wolf, coyote and the jackal; (2) Order Proboscidea(elephant); (3) Order Primata(primates), including but not limited to the chimpanzee,the baboon,the orangutan,the gibbon,the macaque and the gorilla, excepting the Family Hominidae(man human); (4) Order Artiodactyla, even-toed hoofed mammals such as water buffalo, camels, elk, moose, deer and antelope,excluding the domesticated species of the Family Suidae (domestic pig)and Family Bovidae(cattle, sheep,goats, llamas and alpacas); (5) Order Perissodactyla, odd-toed hoofed mammals including the zebras,tapirs and rhinoceros, excluding the domesticated species of the Family Equidae(horses,donkeys, etc.). (6) Order Marsupialia, including_kangaroos and wallabies; (7) Order Pinnipedia, including seals, sea lions and walruses; (8) Order Pilusa, including sloths and tamanduas. (b) Class Reptilia. 3 EXHIBIT p. 3 of (1) Order Squamata. (A) Sub-Order Serpentes, all front and rear fanged venomous snakes, (B) Sub-Order Lacertilia,both venomous species of the Family Heloder Matidae (gila monster and Mexican beaded lizard); (2) Order Crocodilia(crocodile, alligator and caiman). (c) Class Aves. (1) Sub-Order Ratitae, such as, but not limited to, ostriches, rheas, cassowaries and emus, excluding small caged birds such as parakeets, canaries, love birds and finches. (d) Class Chondrichthyes. (1) Elasmobranchii, including sharks (de)Any other species of the animal kingdom(as opposed to vegetable or mineral)which is venomous to human beings whether its venom is transmitted by bite, sting,touch or other means, excepting the honey-producing bee. (J) Section 2-20-184(c) [Remedial Measures] is amended to read as follows: (c) Penalty. Any person or entity other than a licensed California wildlife rehabilitator or an American Zoological Association (AZA) accredited facility, who boards, has, keeps, maintains, displays, or has in his/her possession or control, for any length of time, any wild and/or undomesticated animal in violation of any of the provisions of Sections 20-2.182 through 20-2.184 of this chapter shall be guilty of a misdemeanor and shall be subject to imprisonment in the county jail for not more than six months or a fine not to exceed one thousand dollars or both. (K) Section 20-2.230 [Use ofAnimals.for Exhibits] is amended to read as follows: It is unlawful for any person to operate, conduct or maintain any commercial show, circus, animal exhibition, carnival, advertising or educational display or device in which any animal, wild or domestic, is used or kept without first having obtained a permit from the animal_ services agency at least thirty days prior to the scheduled event. (a) The animal services agency shall receive and review applications for such permits upon the applicant's filing and payment of the applicable permit fee imposed for such purposes as may be established by resolution of the Town Council within thirty days of the filing thereof. Following the initial setting of the fee, the Town Council is authorized to revise or modify the fee by resolution of the Town Council. Only one fee shall be paid per application, irrespective of the number of animals or exhibitions for which the application is made. (b) The animal services agency may, in connection with this permit authority, either establish operating conditions, deny the application or revoke the permit if the 4 EXHIBIT pa_�L®f 5 animal services agency can reasonably demonstrate that the conditions imposed upon issuance of the permit or its denial are necessary to protect the public health and safety or provide for the humane care and treatment of any animals used or kept. (c) The animal services agency shall not issue permits for any wild and/or undomesticated animal as defined in Section 20-2.183 of this chapter or any other species they deem inappropriate in order to protect public health and safety and/or animal welfare. (d) For the Marin County Fair, operating conditions must be conditions set out in the Fair Industry Animal Welfare Manual for the Western Fairs Association, as may be amended from time to time. For those conditions or exhibits not covered by the Fair Industry Animal Welfare Manual, the animal services agency shall apply operating conditions as described in subsection (b) of this section. The Marin County Fair shall be entitled to a permit for its exhibits so long as it is in compliance with operating conditions. (e) The animal services agency shall make written findings regarding the conditions imposed with issuance of the permit or written findings and explanation for denial of the permit within seven business days of receiving the application. The animal services agency may waive the permit fee when the use of the animals for exhibit benefits a nonprofit, educational or governmental organization and an inspection of the exhibit is not necessary. If the animal services agency denies or revokes a permit, the applicant or permittee may request a hearing in accordance with the provisions of Section 20-2.241 of this chapter. 5 EXHIBIT P. S of RESOLUTION NO. XX-2018 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ESTABLISHING FEES COLLECTED FOR ANIMAL CONTROL SERVICES AS REGULATED BY TITLE VI,CHAPTER 20 OF THE TIBURON MUNICIPAL CODE WHEREAS, Chapter 20 (Animals) of the Tiburon Municipal Code sets forth certain regulations and enforcement provisions regarding animals; and WHEREAS,the Town of Tiburon is obligated under state law to provide animal control services, and does so under a cooperative arrangement with other Marin County agencies which adopt common regulations and fees; and WHEREAS, animal control services for the Town of Tiburon and other Marin County agencies are provided by the Marin Humane Society pursuant to a contract with the County of Marin under a Joint Powers Agreement(JPA); and WHEREAS,the County of Marin recently renegotiated its service contract with the Marin Humane Society in such manner that requires adjustments to the Animal Services Fee Schedule adopted by all member agencies of the JPA; and WHEREAS,the Town Council desires to adopt the revised fees in order to achieve uniform fees for animal control services consistent with other JPA member agencies; and WHEREAS, it is the intent of the Town Council that such fees be used to recover the cost of providing the services for which the fees are assessed; and WHEREAS, in December 2017, Marin Humane Society staff conducted a survey of nearby counties including San Mateo, San Francisco, Contra Costa, and Alameda, and determined that increases to Marin's fee schedules are both appropriate and consistent with these other jurisdictions; and WHEREAS, the Town of Tiburon has provided required notice and held a public hearing pursuant to state law and local ordinances prior to adoption of the revised fees. NOW, THEREFORE, BE IT RESOLVED that the Town Council of the Town of Tiburon does hereby adopt an Animal Control Fee Schedule, attached hereto as Exhibit "A" and incorporated herein, said fee schedule to become effective sixty (60) days from the adoption of this resolution. Tiburon Town Council Resolution XX-2018 Effective--/--/2018 (Page 1 PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Tiburon held on June , 2018 by the following vote: AYES: COUNCILMEMBERS: NAYS: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR TOWN OF TIBURON ATTEST: LEA STEFANI, TOWN CLERK Attachment: Exhibit"A",Animal Control Fee Schedule Tiburon Town Council Resolution XX-2018 Effective--/--/2018 Page 2 EXHIBIT J p._1_of� EXHIBIT "A" ANIMAL CONTROL FEE SCHEDULE (FEES COLLECTED FOR ANIMAL CONTROL SERVICES AS REGULATED BY TITLE VI, CHAPTER 20 OF THE TIBURON MUNICIPAL CODE) Dog License Fees established under 20-2.060 for a: Sterilized Dog - For a one year license $20.00 For a two year license $30.00 For a three year license $40.00 Unsterilized Dog - For a one year license $60.00 For a two year license $70.00 For a three year license $90.00 Delinquent Dog License Fees established under 20-2.070 Sterilized Dog $55.00 Unsterilized Dog $60.00 Duplicate License Tag fee established under 20-2.080 $15.00 Redemption Fees (Impound Fees) established under 20-2.140 for a: Sterilized Animal: upon a first impoundment during a 12 month period $65.00 upon a second impoundment during a 12 month period $90.00 upon a third impoundment during a 12 month period $125.00 upon a fourth impoundment during a 12 month period $160.00 upon subsequent impoundment during a 12 month period $250.00 Unsterilized Animal: upon a first impoundment during a 12 month period $120.00 upon a second impoundment during a 12 month period $165.00 upon a third impoundment during a 12 month period $180.00 upon a fourth impoundment during a 12 month period $225.00 upon subsequent impoundment during a 12 mo. Period $290.00 Dead Dog, Cat and Small Household Pet Removal Fees per 20-2.195 $75.00 Dead Wildlife Removal Fees established under 20-2.195 for removal &disposition of dead wildlife under 50 lbs. $75.00* for removal &disposition of dead wildlife 50 lbs. &over $125.00* *Said removal and disposition fees shall be chargeable to the property owner where the dead wildlife is found. Boarding Fees for quarantined or impounded animals per 20-2.050 and 20-2.150 Sterilized Animals Charge for boarding a sterilized dog per day is $22.00 Charge for quarantining a sterilized dog per day is $35.00 Charge for boarding a sterilized cat per day is $14.00 Charge for quarantining a sterilized cat per day is $30.00 Town of Tiburon Animal Control Fee Schedule Effective -4-42018 1 EXHIBIT p. . ofd Unsterilized Animals Charge for boarding an unsterilized dog per day is $40.00 Charge for quarantining an unsterilized dog per day is $50.00 Charge for boarding an unsterilized cat per day is $25.00 Charge for quarantining an unsterilized cat per day is $40.00 Confinement and quarantine fee for animals under home quarantine established under 20.2.050 Charge for home quarantine of animal per day is $30.00 Potentially Dangerous/Vicious Dog Permits established under 20-2.181 Potentially Dangerous Dog, the charge for record keeping pursuant to 20-2.181(g) $250.00 Vicious Dog, the charge for record keeping pursuant to 20-2.181(h) $500.00 Dog Hobbyist& Ranch Dog Fees established under 20-2.245 &20-2.246 Dog Hobbyist Permit, the charge for issuance of each dog hobbyist permit $250.00 Ranch Dog Permit, the charge for issuance of each ranch dog permit $250.00 The issuance of a dog hobbyist or ranch dog permit includes provision of an individual license for each dog harbored under the permit at no additional charge. Exhibit Fee & Commercial Animal Establishment established under 20-2.230 and 20-2.240 Animal Exhibition Fee the charge for timely processing of unwaived exhibit fee $500.00 Commercial Animal Establishment Fee for an annual permit&for timely renewals $450.00 Delinquency charge shall be assessed for late renewal of an expired permit $75.00 Additional charge shall be assessed for every calendar month of said delinquency $50.00 Stray Livestock Charges established pursuant to 20-2.220 Equine and Bovine (over 6 mo.) charge for securing $200.00 and keeping (per day) $75.00 Equine and Bovine (6 mo. & under) &sheep, Iamb, goat, hogs, etc. charge for securing $100.00 and keeping (per day) $30.00 Herding Fee the charge per hour or any fraction thereof for return of an animal that has strayed $100.00 All costs incurred by Town in connection with such animals shall be a pass-through to the animal owner, including, but not limited to, the cost of herding, advertising, transporting, drugs, and veterinary services. Senior Citizen, Blind or Disabled Person's Discount on Specified Fees pursuant to 20-2.255 Dog license Fees (any duration) 25% discount Town of Tiburon Animal Control Fee Schedule Effective-4-42018 2 EXIiIBIT p.�4- of_�_ FEE COMPARISON Fee Category [Existing Fee] New Fee* DOG LICENSE FEES ESTABLISHED UNDER 8.04.060: Sterilized Dog For a one year license [$19.00] $20 For a two year license [$26.00] $30 For a three year license [$35.00] $40 Unsterilized Dog For a one year license [$50.00] $60 For a two year license [$59.00] $70 For a three year license [$80.00] $90 DELINQUENT DOG LICENSE FEE ESTABLISHED UNDER 8.04.070: Sterilized Dog ($50.00] $55 Unsterilized Dog ($50.00] $60 DUPLICATE LICENSE TAG FEE ESTABLISHED UNDER 8.04.080 [$10.00] $15 REDEMPTION FEES (IMPOUND FEES) ESTABLISHED UNDER 8.04.140 AND 8.04.150: Sterilized Animal First impoundment during a 12 month period [$65.00] same Second impoundment during a 12 month period ($90.00] same Third.impoundment during a 12 month period [$110.00] $125 Fourth impoundment during a 12 month period [$150.00] $160 Subsequent impoundment during a 12 month period [$230.00] $250 Unsterilized Animal First impoundment during a 12 month period [$95.00] $120 Second impoundment during a 12 month period [$145.00] $165 Third impoundment during a 12 month period [$165.00] $180 Fourth impoundment during a 12 month period [$200.00] $225 Subsequent impoundment during a 12 month period [$260.00] $290 °I Fn3 — DEAD DOD, CAT AND SMALL HOUSEHOLD PET REMOVAL FEES ESTABLISHED UNDER 8.04.195: [$75.00] same DEAD WILDLIFE REMOVAL FEES ESTABLISHED UNDER 8.04.195: For removal & disposition of dead wildlife under 50 lbs [$75.00t] same For removal & disposition of dead wildlife 50 lbs & over [$125.00t] same BOARDING FEES FOR QUARANTINED OR IMPOUNDED ANIMALS ESTABLISHED UNDER 8.04.050 AND 8.04.150: Sterilized Animals Charge for boarding a sterilized dog per day [$22.00] same Charge for quarantining a sterilized dog per day [$35.00] same Charge for boarding a sterilized cat per day [$14.00] same Charge for quarantining a sterilized cat per day [$30.00] same Unsterilized Animals Charge for boarding an unsterilized dog per day [$35.00] $40.00 Charge for quarantining an unsterilized dog per day [$40.00] $50.00 Charge for boarding an unsterilized cat per day [$21.00] $25.00 Charge for quarantining an unsterilized cat per day [$37.00] $40.00 CONFINEMENT AND QUARANTINE FEE FOR ANIMALS UNDER HOME QUARANTINE ESTABLISHED UNDER 8.04.050: [$30.00] same Charge for home quarantine of animal POTENTIALLY DANGEROUS/VICIOUS DOG PERMITS ESTABLISHED UNDER 8.04.181: Potentially Dangerous the charge for annual record keeping Pursuant to 8.04.181(e)(15)(i) [$250.00] same Vicious Dog the charge for annual record keeping pursuant to 8.04.181(e)(16)(i) [$500.00] same HOBBYIST& RANCH DOG FEES ESTABLISHED UNDER 8.04.245 & 8.04.246: Dog Hobbyist Permit the charge for issuance of each dog hobbyist Permit [$250.00] same Ranch Dog Permit the charge for issuance of each ranch dog permit [$250.00] same The issuance of a dog hobbyist or ranch dog permit includes provision of an individual license for each dog harbored under the permit at no additional charge. EX111 BIT �� " p. of 3 EXHIBIT FEES & COMMERCIAL ANIMAL ESTABLISHMENT ESTABLISHED UNDER 8.04.230 AND 8.04.240: Animal Exhibition Fee the charge for timely processing of unwaived Exhibit fee [$500.00] same Commercial Animal Establishment Fee for an annual permit and for timely renewals [$450.00] same Delinquency charge assessed for late renewal of an expired permit [$75.00] same Additional charge assessed for every calendar month of said delinquency [$50.00] same STRAY LIVESTOCK CHARGES ESTABLISHED PURSUANT TO 8.04.220: Equine and Bovine (over 6 mo.) charge for securing [$200.00] same and keeping (per day) [$75.00] same Equine and Bovine (6 mo. & under) & sheep, goat, hogs, etc. charge for securing [$100.00] same and keeping (per day) [$30.00] same Herding Fee the charge per hour or any fraction thereof for return of an animal that has strayed [$100.00] same All costs incurred by County in connection with such animals shall be a pass-through to the animal owner, including, but not limited to, the cost of herding, advertising, transporting, drugs, and veterinary services. SENIOR CITIZEN, BLIND OR DISABLED PERSON'S DISCOUNT ON SPECIFIED FEES PURSUANT TO 8.04.255: Dog license Fees (any duration) discount from listed fees 25% discount same * Increased fees denoted in bold font t Said removal and disposition fees shall be chargeable to the property owner where the dead wildlife is found. EXHIBIT p. :3 of 3 v C 7 00 TAN woo \aw T f NZA w_ z n eu my 51% ,.�"% �'.•�' \ \ r Thr/ Fr' �, ��� z\\; � / .,w�"_. � V '�1 ?�'�i � �/✓ r���.{ia � a\.. ..Y t EDW c •� � �+Ttkn r .'.l =��;e a�>j.>a` � t�f �+iy� �:i Y �i �� •y ."•\ ,> r TR allIn Am �`' F ✓ fir, . '� „n ! '�,.. : . Raw kywom �e OnoS b 3 f TAW, loci 1 - �x ✓/y / 7 `r a, {d x � Cly r€ ✓ � / Win PAN VS V all to Mot ZAP niotte,t an r Z,. r F Z \ 6Kano 0 USS � �' w jy \ t � a" r 'x a OIL .. .,..:.... .... _.. a .. ....:.� ......� � g Table of Contents Town Manager's Budget Letter PUBLIC WORKS Town Organization Chart i All Divisions 53 Directory of Town Officials ii Administration & Engineering 54 Town Council, Commission and Board Members iii Streets Maintenance 56 Parks Maintenance 59 Corporation Yard 62 FUND RESOURCES OVERW W Street&Signal Light System 64 Overview of Total Appropriations 2 Cypress Hollow Special District 66 Statement of Fund Balances 3 Changes to Fund Balances 4 NON-DEPARTMENTAL Special Fund Descriptions 5 All Divisions 70 Risk Management/Joint Power's Authorities 71 OPERATING BUDGET PLAN Low-Moderate Income Housing 73 Overview of Operating Revenues&Expenditures 7 Town Owned Housing 75 Belvedere-Tiburon Library Agency 77 OPERATING REVENUES &S=OURCES OF FUNDS Overview of Operating Revenue Plan 9 CAPITAL OUTLAY&ALLOWANCE Summary of Operating Revenues 10 Planned Capital Outlay Purchases 80 Operating Budget Revenues 11 Planned Technology Outlay Purchases 81 OVERVIEW OF OPERATING EXPENDITURES CAPITAL IMPROVEMENT PROGRAM Overview of Expenditures by Object 16 Overview of Planned Funding 83 Summary of Department Expenditures 18 Streets Improvement Program 85 Summary of Funding for Department Expenditures 19 Drainage Improvement Program 87 Summary of Expenditures by Object 20 Community Improvement Program 89 Five-Year Capital Improvement Program 90 DEPARTMENT OPERATING EXPENDITURES DEBT SERVICE PROGRAM TOWN ADMINISTRATIVE SERVICES Principal, Interest&Fiscal Fees 134 Department Summary all Divisions 22 Bond Issue Information 135 Department Summary by Object 23 Administrative Services 24 SUPPLEMENTAL INFORMATION Legal Services 27 Assessed Value of Property 137 Legislative Support 29 Assessor's Parcel Data 139 Town Hall Facility 31 Town Staffing(2015-2019) 141 COMMUNITY DEVELOPIVIEIt T All Divisions 35 Planning&Design Review 36 Building Inspection 38 Advance Planning 41 POLICE DEPARTMENT All Divisions 45 Police Services 46 Police Facility/EOC 49 t r TOWN OF TIBURON 1505 Tiburon Boulevard %1 Tiburon,CA 94920 i Date: June 6, 2018 To: Mayor and Town Council From: Greg Chanis, Town Manager Subject: Fiscal Year 2019 Proposed Municipal Budget INTRODUCTION I am pleased to present the proposed Fiscal Year 2019 (FY 19) Municipal Budget Plan (Proposed Budget). It includes staff's recommendations related to reallocation of fund reserves, a projection of revenues and expenditures for the coming year. and a proposed Capital Improvement Plan. Overall, the Town's financial situation remains strong, with the Proposed Budget projecting an operating surplus of$137,834 at the close of FY 2019, while allocating the resources necessary to continue providing residents with exceptional municipal services, continued maintenance of Town infrastructure, and enhancements to the community through the Capital Improvement Program. The Proposed Budget also includes making significant investments in the irrevocable trusts the Town has established with Public Agency Retirement Services (PARS) to pre-fund its long-term liabilities associated with CaIPERS pension benefits and Other Post-Employment Benefits (OPEB). The Town of Tiburon has enjoyed an appropriate balance of revenue and expenditures for many years. This is a result of prudent management and a focus on having the Town operate within its means, while maintaining essential services. Additionally_ the Town maintains robust fund reserves to weather the next economic downturn or respond to an unforeseen natural disaster. The budget document provides detailed information about all aspects of the Proposed Budget, with this memo providing a broad overview in the following areas: • Fund Reserves and Proposed Transfers • Budget Overview • Revenues and Expenditures Overview • Capital Equipment/Technology Outlay • Capital Improvement Program Tiburon Town Council June 6, 2018 Page 2 of 10 FUND RESERVES AND PROPOSED TRANSFERS The Town continues to maintain sufficient General Fund Reserves despite investment in several large projects over the past few years. The Town is estimated to begin next Fiscal Year with approximately$6.83 million in our General Fund policy restricted reserves, $8.12 million in Discretionary Set-Asides, and $1.83 million in the Unallocated General Fund Reserve for a total of$16.79 million. In addition, there are $7.47 million in restricted fund reserves. The Proposed Budget includes recommendations for reallocating various reserve funds as summarized in Table 1 below: Tablel Cal PIERS Liability R ser r ( Q0,i 00) QPEB Liability Reserve ; (250,000) 1�AR r 1R RS Trust 800000 ', PARS OPEB Trust 250,000 I . General Fuad Unalcted lsrrrve (2,400,000) Streets and Drainage Reserve $500,000 _. .< PW Cbr, Yara,11 6 4,,6yed" Park Development&GRT Reserve i $750,000 PARSI' 5Ttst r $400,000 1 PARS CaIP�ERS Trust $250,000 1 .... .,. -- . - T[ TAL ($ ,450,400) _.. . $3,450,000 1 Implementation of these recommendations will result in an estimated FY 19 year- end balance in unallocated General Fund Reserves of$499,974, a total of $1,050,000 transferred to the PARS CalPERS Trust, and a total of$650,000 transferred to the PARS OPEB Trust. Finally, the Town will continue to maintain the General Fund Operating Reserve Fund at the Council set policy level of 25% of operating expenditures. The chart to the right presents a history of total General Fund reserves from FY 2009 is,000,000 , . )6,000,000 if through projected FY 2018. The proposed 14,000,000 budget calls for spending down General Fund 12,000,000 _.__ --------------- Discretionary �_Discretionary Reserves by approximately $1.6 10,000,000 ........................................... ........................................................................................................................................ million in capital improvement projects. 8,o00,000 i -..... 6,000,000 - 4,000,0002,000,000 { _.... .............................................. VSA .A 4 C Tiburon Town Council June 6, 2018 Page 3 of 10 BUDGET OVERVIEW The Operating Budget includes all of those programs that involve ongoing costs associated with running the Town. These include personnel, services, and supplies, as well as certain minor capital equipment purchases. The Capital Budget includes programs or projects that result in long term physical improvement for the community. These projects are typically funded through the Town's restricted and designated reserve funds. Examples include street paving, installation of sidewalks, and park or facility improvements. The Overall Budget is comprised of all funding sources for operations. Included here are restricted funds from other governmental sources for specific uses (e.g., grant funding) and Town Council adopted fees that must be used for specific purposes (e.g., long range planning fee for the purpose of updating the General Plan). Looking specifically at the Operating Budget, Table 2 below compares the current (FY 17-18) adopted operating budget to the Proposed Budget. TABLE 2 Overall Operating Budget 2017/18 2017/18 2018/19 % Adopted Estimated Proposed Change Year End Revenues $11,752,247 $12,476,699 $12,499,259 6.4% Expenditures $11,566,825 $10,933,738 $12,361,425 6.9% Operating Revenue i Expenditure Overview The economy, as it relates to projected revenue, appears to be relatively stable. Staff is projecting overall operating revenues to increase by 6.4% over the current year's adopted budget. The Town is anticipating its single largest revenue source, secured property taxes, to increase by 6.0% over the budgeted amount for the prior Fiscal Year. Operating expenditures are proposed to increase by 6.9% ($794,600) over the FY 2017 adopted budget. Of this increase, 70.4% ($359,283) is due to salary and benefit increases and another 29.6% ($235,317) of the increase is in Supplies and Services. The increase in salary and benefit expenditures includes the addition of an IT Coordinator in the Administration Department as well as an additional Police Officer. Capital Project Expenses are expected to remain flat at $27,500. These changes will be detailed in the individual departmental budgets below. Tiburon Town Council June 6, 2018 Page 4 of 10 Revenues For Fiscal Year 2019, Staff projects overall operating revenues to increase by 6.4%, or$747,011, and General Fund operating revenues to increase by 5.5%, or $530,959. Per an annual State determination, assessed property valuation will increase by 2.0%, the maximum allowable under applicable provisions of Proposition 13. However, guidance provided by the Marin County Assessor's Office indicates, due to improvements on properties and sales ofexisting Domes, the overall increase in secured property taxes will be 5.14%. ERAF Property Taxes are expected to increase 18.15%. Overall, staff is anticipating all sources of property taxes to increase 7.05% over the adopted FY 2018 budget. Property tax receipts have historically been the Town's "bread and butter" revenue, representing approximately 51.3% of General Fund Operating Revenues in FY 2018-19. Charges forService p 1 the to hart The ie cLicenses&Permits_,' q/ Other ev Renues 1 right shows the breakdown by Intergovernment& Ag revenue category of the 1% V projected FY 2019 General Investment Earn' 2 . ' <.. Fund Operating Revenues of Fines&Forfeitures �Y $10,140,050. 1, i ..: . :�. r. i Franr_hises/ The category of 7, Other Taxes, which includes sales, property transfer and transient occupancy taxes, is Property Taxes ��other Taxes p� 58% projected to decrease by 0.7% 16% over this year's adopted 2018/19 Proposed Budget budget. This decrease is General Fund Revenues primarily based on an $10,140,050 expected decline in Transient Occupancy Tax revenues, which are projected to decrease by 3.0% in the coining fiscal year. Sales tax growth is projected to decrease by 2.4 %to account for lost sales tax revenues from the Corinthian Yacht Club, which was reapportioned to the City of Belvedere by the State Board of Equalization in the current Fiscal Year. Franchise Fee revenues are anticipated to increase 3.9% over the adopted FY 2018 budget. Pacific Gas & Electric franchise fees are projected to increase 16.4%, followed by an increase in cable franchise fees of 4.8%. Investment Earnings are projected to increase 99.9% in FY 2018. Local Agency Investment Funds rates have been steadily increasing and the Town is expecting a 1.5% return in FY 2019. Tiburon Town Council June 6, 2018 Page 5 of 10 Intergovernmental Revenue is proposed to decrease by 2.9% over the adopted FY 2018 budget. Overall, this is a relatively small group of revenue sources. Moderate increases are expected from State and County grants, as well as the State Motor Vehicle License Fees. Revenues for the Tiburon Peninsula Soccer League are conservative due to anticipated field downtime related to McKegney Green field improvements. Charges for Services are proposed to increase by 9.5% or$35,600. This includes a new apportionment of$40,000 for IT Coordinator cost recovery services and an increase of$25,000 for plan checking revenue. A decrease of$28,500 in cost recovery for Police Services is proposed. Expenditures by Department Overall operating expenditures are projected to increase by 6.9%, or $794,600, over the adopted FY 2018 budget. General Find operating expenditures are proposed to increase by 6.31%, or$593,547. Staff is currently in contract negotiations with employees represented by the Service Employees International Union (SEIU), as well as those represented by the Tiburon Police Officers Association (TPOA). As a result, the amount included in the Proposed Budget for salary increases is an estimate. If additional funds are required as a result of these negotiations, staff will return to Council at a future meeting for authorization to adjust the budget accordingly. Also included in the Proposed Budget is a 10% increase in health insurance rates. This is a high estimate as the Town is not advised of the actual increase until mid-June. Additional notable expenditure increases include $75,000 for anticipated litigation expenses, and $40,000 for roadside vegetation management in Caltrans ROW along Tiburon Boulevard. The bar chart below shows the FY 2019 Operating Budget by department. Further clarification of department expenditure variations follows: The Administration or, Department's overall - _ —-_......._ _._...._ iincreasesb 8.1% or budgetproposed s2�� L -a� ....... $145,551 over the current year. Included in > o o Administration are the 3a c� Legal Services, Legislative v Z3 v Support, Administrative Services and Town Hall divisions. MGenera'Fund 9(Mier Funds Tiburon Town Council June 6, 2018 Page 6 of 10 The Administrative Services Division is proposed to increase by 6.23% or $74,911. Included in this increase are the annual salary and benefits costs for the IT Coordinator position, which was approved by Council and filled in FY 2018. The IT Coordinator salary is offset by a reduction in IT Consulting Services, which is reduced by 82.4%, or $70,000. IT Coordinator cost recovery revenue is reflected in the Operating Revenue section of tine FY 2019 budget and totals $40,000. Also included in FY 2019 is $7,500 for video technician services to record council meetings. Election costs are proposed to decrease $15,000 over the current year to reflect costs associated with a normal election year. The Legal Services Division are proposed to increase 21.7%. This includes a $5,000 increase in Contract Town Attorney fees as well as $75,000 for anticipated general litigation. The Legislative Support Division's total appropriation is being increased by 23.7%, or$21,500. This increase is due to appropriating $25,000 towards the Holiday Lights and Festival expenditure as well as increases to special events and functions. The Town Hall Facility Division is proposed to decrease by 3.9% or$6,360. Several improvements to Town Hall were completed in FY 2018 and have been removed from the proposed budget, including clock tower repairs, fire line testing, crawl space ventilation, and new hand driers for the restroom facilities. An overall increase in Utility and Communication expenditures of$4,500 as well as $3,600 for improved network bandwidth and $3,700 for additional janitorial services are included in the Proposed Budget. The Community Development Department, which includes the Planning, Building and the Long Range Planning Division, budget is proposed to increase by 4.6%or$54,415. The Planning Division budget is proposed to increase 9.1% or$52,258, due primarily to an increase of$30,000 in casual hire for extended leave coverage of Planning Staff as well as salary and benefit increases for the division. The Community Development Aide position is proposed to be reclassified as a Planning Technician. This reclassification is not expected to incur any additional cost in salary or benefits in the upcoming fiscal year. Contractual Services are expected to decrease $5,000, returning this item to normal costs with the completion of tile Hillside Design Guidelines in FY 2018. The Building Division budget is scheduled to increase by 1.5% or$10,157. This reflects salary and benefit increases as well as reductions in Fuel and Oil and Employee Development and Training expenditures. The Long Range Planning Division budget is proposed to decrease by $5,000 to reflect General Plan updates made in the current fiscal year. Tiburon Town Council June 6, 2018 Page 7 of 10 The Police Department budget is projected to increase by 4.3% or $142,340. Salary and benefit costs are proposed to increase $237,117. This includes the addition of a Police Officer, which accounts for$120,567 of the increase, as well as salary and benefit increases for department staff. The cost of services provided by the County of Marin, including the Major Crimes Task Force JPA fees and dispatch services. increased $42,776 over the prior fiscal year. A proposed decrease of 77.25% or $111,255 in Contractual Services is due to non- renewal of services provided by Belvedere for the Chief of Police and Lexipol for policy manual maintenance. Supplies and Services are expected to decrease by 19.3%, or$19,500, due to decreased fuel, oil, and safety equipment expenses as well as a reduction in maintenance costs for the license plate reader cameras and department vehicles. Range and Weapons expenditures as well as Special Investigation expenses are proposed to decrease $2,000 each, accounting for the majority of the 3.8% decrease in Supplies and Expenses. Also included is a new appropriation of$3,000 for the replacement of office chairs in the Emergency Operations Center budget. The remaining portion of the Police Department budget is relatively unchanged over FY 2018. The Public Works Department, which includes Administration, Streets, Parks, and Street Lights budget, is proposed to increase by 9.5%or$177,974 from FY 2018. Salary and benefits are proposed to increase $67,074. The Administration and Engineering Division is proposed to increase 3.8% or$21,534. This is due to proposed salary and benefit increases. The costs for all other expenditures in this division remain unchanged from FY 2018. The Street Maintenance Division is proposed to increase 5.7% or$28,252. Salaries and benefits are anticipated to increase by approximately $31,252 in FY 2019. Employee development is expected to increase by$1,000 and membership costs will rise by $1,600. The Division will reduce costs in storm drain and culvert maintenance by $5,000 and operating supplies by $600. All other expenses in this division are essentially unchanged. The Parks Division is proposed to increase by 20.5% or$129,289. Besides salary and benefit adjustments, new funding of$40,000 is proposed for vegetation maintenance in the CalTrans right-of-way. Annual maintenance costs for McKegney Green have increased to $55,000, or 450% of the previous year's allocation. An additional $20,000 has been included for tree maintenance, $15,000 of which is apportioned to the trees at McKegney Knoll. Electrical improvements for the Fountain Plaza and relocation of the electrical panel at Blackie's Pasture restroom have been completed and removed from the FY 2019 budget The cost of potable water provided by MMWD has increased by $45,000, which is slightly offset by the eliminating the $25,000 cost of reclaimed water currently provided Richardson Bay sanitary District. Tiburon Town Council June 6, 2018 Page 8 of 10 The Public Works Corporation Yard budget is proposed to decrease $9,600 or 8.3%. This is due to the completion of the material storage area and fuel pump rebuild, which were apportioned at$10,000 and $3,000 respectively in FY 2018. Vehicle maintenance is proposed to increase $2,000 and telecommunication services are expected to increase $2,250. Rental tools and equipment are proposed to decrease by $1,400. The Cypress Hollow Lighting and Landscape District is proposed to increase $6,500 to include additional costs for tree maintenance that occurs every 5 years. The remaining Division of the Public Works Department, Street Lights, is essentially unchanged from FY 2018. The Non-Departmental budget is proposed to increase 8.24% or$271,319 in FY 2019. Expenses in the Non-Departmental budget relate to insurance premiums (workers compensation, liability, and property), Joint Power Agreements, Town-owned housing units and the Belvedere-Tiburon Library Agency property tax pass-though. The pass-through payment made to the Library Agency increased approximately $150,000 and JPA dues are estimated to increase 8.9%or$126,134, including an increase in JPA fees for Richardson Bay Regional Agency of$11,717 and Stormwater Runoff(MCSTOPPP) for$9,216. The Town has very little control over the remaining expenses in this Department budget. CAPITAL EXPENDITURES In the Proposed Budget, Capital Expenditures are grouped into 2 broad categories, Capital Outlay and Allowance, and the Capital Improvement Plan. Capital Outlay and Allowance The Capital Outlay and Allowance category includes proposed expenditures for capital equipment acquisition and/or replacement (Planned Capital Outlay Purchases) , and proposed expenditures related to technology (Planned Technology Outlay Purchases). Proposed expenditures for Planned Capital Outlay total $128,000 and includes funding to purchase the equipment necessary to maintain McKegney Green as well as well as the purchase of electric vehicles for both the Community Development and Public Works departments. Proposed expenditures for Planned Technology Outlay total $205,320, and include funding for new laptops for the EOC, implementation and maintenance of modules for the Town's permit tracking system, Trakit, and installation of a new phone system for the Police Department and Corporation yard, which is carried over fi-om the current fiscal year. Tiburon Town Council June 6, 2018 Page 9 of 10 Capital Improvement Plan The FY 2019 Capital Improvement Program (CIP) budget is proposed at $8,029,074. There is carry-over funding from the current fiscal year in the amount of$5,447,319 for projects that will not be completed prior to June 30, 2017. The Drainage Improvement Program includes $1,156,000 in total appropriations, of which $1 million is for the annual storm drain improvement program; $126,500 for the design of Beach Road Drainage; and $30,000 for design Of a culvert on the Old Rail Trail at San Rafael Avenue. All projects in the program are carried over from FY 2018. The Community Projects Division of the CIP Program allocates $5,161,755 in projects. There is $2,725,000 in cavy-over projects in this division. New projects include construction and related activities for the Virginia Drive Undergrouding district, ferry dock pile replacement, flooring and paint upgrades for the Police Department building, a scoping study for the design of the Public Works Corporation Yard, design for both Elephant Rock repairs and Shoreline Park pathway lights, and construction of an equipment storage facility at Blackie's Pasture which will be used to store equipment related to the maintenance of McKegney Green. Included with the budget is a five-year Capital Improvement Program Plan projection. This provides Council and Staff with a forecast of CIP projects. It should be noted that the Council is not being asked to adopt this five-year outlook, as it will surely shift as needs and resources come into clearer focus. Rather, its purpose is to help anticipate future expenditures and demands on the budget. CONCLUSION The financial condition of the Town of Tiburon remains strong. Careful management over many years, coupled with relative economic stability, allows staff to propose a Fiscal Year 2019 Municipal Budget Plan which: projects a modest operating surplus, maintains ample General Fund Reserves, and continues to proactively address the Town's CalPERS and OPEB liabilities. As always, staff Will continue to carefully manage the Town's finances to ensure revenues are collected in a timely manner and that all expenditures are carefully managed. I would like to take this opportunity to thank the entire management team for their assistance in developing the Proposed Budget, and for their sound budget stewardship throughout the current Fiscal Year. And a special thanks to Management Analyst Suzanne Creekmore who once again led the budget development process this year. Finally, we all wish to thank the Town Council's Finance Committee, Vice- Tiburon Town Council June 6, 2018 Page 10 of 10 Mayor Jim Fraser and Vice Mayor David Kulik, for their review, comment and good counsel during the budget preparation process. We look forward to a dialogue with the Town Council on the Proposed Budget and its timely adoption for the start of the new fiscal year. Respectfully submitted, Greg Chanis Town Manager Town Organization Chant Citizens of Tiburon Town Council Town Manager Town Town Planning Design Review Treasurer Attorney Commission Board Heritage&Arts Parks,Open Commission Space and Trails Commission Belvedere/Tiburon Bel/Tit)Library Joint Recreation Agency Administration I Public Works I f Community Department Department Police Department Development Department Directory of Town Officials TOWN MANAGER Gregory Chanis TOWN ATTORNEY Benjamin Stock CHIEF OF POLICE Mike Cronin DIRECTOR OF COMMUNITY DEVELOPMENT Scott Anderson DIRECTOR OF PUBLIC WORKS &TOWN ENGINEER Patrick Barnes DIRECTOR OF ADMINISTRATIVE SERVICES Heidi Bigall TOWN CLERK Lea Stefani BUILDING OFFICIAL Clay Salzman TOWN TREASURER Vacant ii. Town Council, 0UDC'l, CODD .08lQD & Board Members TOWN COUNCIL JIM FRASER, MAY OR DAVID KUL|K' VICE-MAYOR AL|CEFREDER|CKS HOLUTH|ER JC}WVVELNER PLANNING COMMISSION BELVEDERE/TIBURON JOINT RECREATION COMMITTEE John Corcoran, Chair Erica Williams, Vice Chair Peyton Stein, Chair Daniel Amir [Na|isua Feder. Vice Chair Kathleen Dafover Jim Fraser(Tiburon Town Council) Jeff Tsai Bob McCaskill (Belvedere City Council) Erin Burns Jane Jacobs DESIGN REVIEW BOARD JenyRiesnen Linda Emberuon, Choi/ AfsanahZo|faghari Bryan Chong, Vice Chair ShenyVVangenheim Gordon Cousins (Reed Union School District) Suzanne Kim JohnKhcannky BELVEDERE/T|8URONLIBRARY AGENCY BOARD OFTRUSTEES PARKS, OPEN SPACE & TRAILS COMMISSION Jeff Foran, Chair Park Allen, Chair Tom Cromwell, Vice Chair Phillip Fe|dman, Vice Chair Tom Gram Angela McInerney Rio PooUe |oauuNikfar George Bo-Linn Jim Wood Bill Smith NironAmir(Reed Union School District) HERITAGE &ARTS COMMISSION BELVEDEHBT|BURON JOINT Lily Smith, Chair DISASTER ADVISORY COUNCIL Victoria Fong Fmnoe||a Hall Tom CnomweU, Chair Azha &1ujica'Beavem Jim Fraser(Tiburon Town Council) Leono/ Noguaz Chuck Auerbach Kenna Norris B|anRony Vacant James Sherman Victoria Arnett, Commissioner Emeritus Bob McCaskill (Belvedere City Council) Vacant Town Historian: David M. Gotz FUND RESOURCES OVERVIEW Overview of Total Appropriations Statement of Fund Balances, June 30th Closing Changes to Fund Balance Fiscal Year 2018/19 Capital & Special Project Fund Descriptions FUND RESOURCES OVERVIEW Fiscal Year 2018/19, Overview of Total Appropriations Operating Program Town Administration 1,940,700 Community Development 1,318,290 Police 3,484,389 Public Works 2,054,143 Non-Departmental 3,563,903 Subtotal: $ 12,361,425 Capital &IT Outlay Program $ 333,320 Capital Improvement Program Street Improvements 1,710,819 Drainage Improvements 1,156,500 Community Development Improvements 5,161,755 Subtotal: $ 8,029,074 2016 Consolidated Reassessment District 646,471 Subtotal: $ 646,471 Total Appropriation $ 21,370,290 Page-2 FUND RESOURCES OVERVIEW FISCAL YEAR 2018/19 Statement of Fund Balances, June 30th Closing GENERALFUND Operating Reserve(25%) $ 3,000,000 $ 3,000,000 $ 4,573,807 $ 3,137,834 Capital Equipment Replacement $ 409,513 $ 390,445 $ 454,645 $ 448,845 Employee Compensated Leave $ 297,823 $ 294,224 $ 294,224 $ 294,224 Employee Housing Assistance $ 800,000 $ 800,000 $ - $ - CaIPERS Side Fund Repayment $ - $ - $ 800,000 $ Other Post Employment Benefits $ 1,252,019 $ - $ 250,000 $ Self Insurance $ 174,004 $ 100,004 $ 100,004 $ 100,004 Technology Fund $ 592,593 $ 612,965 $ 358,315 $ 287,395 Sub-Total 6,525,952 5,197,638 $ 6,830,995 4,268,302 DISCRETIONARY SET-ASIDES Infrastructure&Facility Replacement 655,958 620,469 1,170,469 416,469 PW Corp Yard Improvement 2,111,633 211,633 3,111,633 3,581,633 Park Development 810,532 753,302 1,903,302 1,088,302 Streets&Drainage 1,224,955 1,146,469 1,827,976 1,271,476 Emergency Repairs 100,000 100,000 100,000 100,000 Open space Management 25,141 25,141 25,141 25,141 Sub-total 4,928,219 2,857,014 8,138,521 6,483,021 Unallocated Balance 3,658,627 5,726,167 1,826,167 499,974 Total General Fund: $ 15,112,798 $ 13,780,819 $ 16,795,683 $ 11,251,297 OTHER RESTRICTED FUNDS Belvedere/Tiburon Library Agency $ - $ - $ - $ - Police Suppl Law Enforcement $ - $ - $ - $ - Cypress Hollow District $ 30,418 $ 29,987 $ 29,425 $ 23,186 Town Owned Housing Fund $ 337,708 $ 345,711 $ 394,930 $ 430,667 Heritage&Arts Donation Fund $ 5,333 $ 5,612 $ 6,612 $ 7,612 Low&Moderate Housing $ 1,224,780 $ 1,217,055 $ 1,365,696 $ 1,362,807 Open Space Acquisition $ 194,500 $ 195,953 $ 197,903 $ 200,872 State Gas Tax $ 1,241,807 $ 1,402,590 $ 1,661,590 $ 1,683,354 RMRA(SB1 Funding) $ - $ - $ - $ 107,376 County Measure A Funds $ 208,079 $ 209,964 $ 249,914 $ 253,663 County Measure B Funds $ 22,147 $ 109,349 $ 110,437 $ 112,094 County Measure A Funds(Parks) $ 47,455 $ 70,918 $ 65,090 $ (433,935) Street Frontage Improvement $ 30,002 $ 2 $ 30,002 $ (369,998) Tiburon Circ System Improvement $ 89,991 $ 109,827 $ 115,227 $ 146,955 Tiburon Long Range Planning $ 240,317 $ 258,958 $ 302,849 $ 332,392 Bunch Grass Mitigation Fund $ 131,945 $ 132,818 $ 134,141 $ 136,153 Tiburon Parks In-Lieu $ 13,329 $ 13,496 $ 13,628 $ 13,832 Tiburon Planning Area Mitigation $ 186,084 $ 187,420 $ 128,435 $ 130,362 Tiburon Street Impact $ 2,039,769 $ 2,594,971 $ 2,643,169 $ 1,512,475 Drainage Impact Fund $ 79,694 $ 38,168 $ 23,168 $ 8,168 Total Restricted Funds: $ 6,123,358 $ 6,922,799 $ 7,472,216 1 $ 5,658,035 Page-3 FUND RESOURCEOVERVIEW Fiscal Year 2018/19 Changes to Fund Balance, projected June 30, 2019 $ �i € 8 GENERAL FUND RESERVES POLICY RESTRICTED Operating Reserve(25%) $ 4,573,807 10,140,050 10,002,216 - (1,573,807) - (1,435,973) $ 3,137,834 Capital Equipment Replacement 454,645 - - 128,000 122,200 (5,800) $ 448,845 Employee Compensated Leave 294,224 - - - 294,224 Employee Housing Assistance - - CalPERS Liability Reserve 800,000 250,000 (1,050,000) (800,000) OPEB Fund(GASB 45) 250,000 400,000 (650,000) (250,000) - Self Insurance 100,004 - - - - 100,004 Technology Fund 358,315 80,000 205,320 - 54,400 (70,920) 287,395 Sub-Total 6,830,995 10,220,050 10,002,216 333,320 (923,807) (1,523,400) (2,562,693) 4,268,302 DISCRETIONARY SET-ASIDES Infrastructure&Facility Replacement 1,170,469 - - 754,000 (754,000) 416,469 PW Corp Yard Improvement 3,111,633 30,000 500,000 470,000 3,581,633 Park Development&ORT 1,903,302 - 1,565,000 750,000 (815,000) 1,088,302 Streets&Drainage 1,827,976 70,000 1,126,500 500,000 (556,500) 1,271,476 Emergency Repairs 100,000 - - - 100,000 Open Space Management 25,141 - - 25,141 Sub-Total 8,138,521 70,000 3,475,500 1,750,000 (1,655,500) 6,483,021 Unallocated Balance 1,826,167 500,000 (2,400,000) 1,573,807 (1,326,193) 499,974 Total General Fund $ 16,795,683 $ 10,290,050 $ 10,002,216 $ 4,308,820 $ (1,573,807) $ 50,407 $ (5,544,386) $ 11,251,297 RESTRICTED FUNDS Belvedere/Tiburon Library Agency $ - 1,908,900 1,908,900 - - $ - Supplemental Law Enforcement $ - 180,000 180,000 $ - Cypress Hollow District 29,425 16,761 23,000 (6,239) 23,186 Town Owned Housing Units 394,930 127,304 91,567 35,737 430,667 Heritage&Arts Project Fund 6,612 1,000 1,000 7,612 Low&Moderate Housing 1,365,696 20,485 23,374 (2,889) 1,362,807 Open Space Acquisition 197,903 2,969 - - 2,969 200,872 State Gas Tax 1,661,590 252,519 40,000 190,755 21,764 1,683,354 RMRA(SB1 Funding) - 161,069 53,693 107,376 107,376 County Measure A Funds(Sales Tax) 249,914 117,749 114,000 3,749 253,663 County Measure B Funds 110,437 1,657 - - 1,657 112,094 County Measure A Funds(Parks) 65,090 73,343 72,368 500,000 (499,025) (433,935) Street Frontage Improvement 30,002 - - 400,000 (400,000) (369,998) Tiburon Circ System Improvement 115,227 31,728 - - 31,728 146,955 Tiburon Long Range Planning 302,849 49,543 20,000 29,543 332,392 Tiburon Bunch Grass Mitigation 134,141 2,012 2,012 136,153 Tiburon Parks In-Lieu 13,628 204 - 204 13,832 Tiburon Planning Area Mitigation 128,435 1,927 - 1,927 130,362 Tiburon Street Impact 2,643,169 451,432 1,582,126 (1,130,694) 1,512,475 Tiburon Drainage Impact 23,168 15,000 30,000 (15,000) 8,168 Total Restricted Funds 7,472,216 3,415,602 2,359,209 2,870,574 (1,814,181) $ 5,658,035 TOtal.foavnFuricls,. $ 24,267,899 $ 13,705,651 $ 12,361,425 $ 7,179,3941 $ (1,573,807)' 7;358,56$ $_ 1 ,909,331` Page-4 FUND RESOURCES OVERVIEW Fiscal Year 2018/19 Capital & Special Projects Funds Descriptions Low&Moderate Housing Fund To account for resources received through collection of in-lieu housing fees which are restricted for expenditure on low and moderate(affordable)income housing programs. Open Space Acquisition Fund To account for resources received from issuance of the 1972 Open Space General Obligation Bonds.Funds are restricted for expenditures for the acquisition,maintenance or improvement of open space. State Gas Tax Fund To account for State revenues restricted for streets expenditures. Street Frontage Improvement Fund Restricted for expenditure on street frontage improvements such as sidewalks and curbs. Tiburon Circulation System Improvement Fund To account for resources received through collection of mitigation fees which are for expenditures related to traffic and circulation system improvements located within the Town's corporate limits,and primarily along Tiburon Boulevard consistent with the General Plan. Tiburon Long Range Planning Fund To account for resources received through the issuance of building permits and the subsequent collection of a special planning fee,which is used for expenditures related to maintenance of the Town's General Plan. Tiburon Parks In-Lieu Fund To account for resources received through collection of in-lieu parks fees which are restricted for expenditure on the acquisition,improvement or maintenance of park and recreational facilities. Tiburon Planning Area Mitigation Fund To account for resources received through collection of mitigation fees which are for circulation improvements located outside the Town's corporate limits,but within the Tiburon Planning Area.This fund was previously named the Tiburon Boulevard 101 Wye Tiburon Playground Improvement Fund To account for resources received from the community for improvement of playground facilities in Tiburon. Established July 1995 through transfer of resources from the General Fund Park Development Reserve. Tiburon Street Impact Fund To account for resources received through the issuance of building permits and the subsequent collection of Impact fees which are used for expenditures related to improvement and maintenance of the Town's street system. Tiburon Drainage Impact fund To account for resources received through the issuance of building permits and the subsequent collection of impact fees which are used for expenditures related to improvement or maintenance of the Town's drainage system. Town Owned Housing Fund To account for resources received through the rental of Town owned Pt.Tiburon Marsh units. County Measure A Transportation Sales Tax To account for resources received through the County of Marin from a 1/2 cent sales tax measure passed in 2004 to improve transportation in Marin County. The Transportation Authority of Marin oversees the administration of funding. County Measure B VLF Fund To account for resources received through the County of Marin from a$10 vehicle license registration fee charge for transportation improvements. This fee was approved by voters in November 2010 and is overseen by the Transportation Agency of Marin. County of Marin Measure A Open Space Sales Tax To account for resources received through the County of Marin from a 1/4 cent sales tax measure approved by voters in November 2011. Funds are to be used for existing parks and open spaces. Page-5 OPERATING BUDGET OVERVIEW Overview of Revenues & Expenditures Fiscal Year 2018/19 5/29/2018 OPERATING REVENUES & EXPENDITURES Fiscal Year 2018-19 Overview of Operating Budget Revenues & Expenditures REVENUE &SOURCES AMOUNT EXPENDITURES AMOUNT GENERAL REVENUES TOWN ADMINISTRATIVE SERVICES Property Taxes 5,824;784 Town Administration 1,277,034 Other Taxes 1,634.876 Legal Services 346,500 Licenses& Permits 995.900 Legislative 106,750 Intergovernment&Agency 96,008 Town Hall Facility 210,416 Franchises 738.000 Charges for Service 410,800 NON DEPARTMENTAL 3,563,903 Investment Earnings 200,050 Fines& Forfeitures 116,000 COMMUNITY DEVELOPMENT Other Revenues 1237633 Planning & Design Review 626,221 Building Inspection 672,069 Subtotal $ 10,140.050 Advance Planning 20,000 POLICE OTHER SOURCES Police Services 3,411,889 Other Fund Sources $ 2,359,209 Police/EOC Facility 72,500 PUBLIC WORKS Administration & Engineering 590,392 Streets Maintenance 536,511 Parks Maintenance 761,461 Corporation Yard 106,780 Street&Signal Light System 36,000 Cypress Hollow 23,000 TOTAL REVENUE&SOURCES $ 12,499,259 TOTAL EXPENDITURES: $ 12,361,425 NET OPERATING SURPLUS (DEFICIENCY) $ 137,834 Page-7 OPERATING REVENUES & SOURCES OF FUNDS Overview of Operating Revenue Plan Summary of Operating Revenues Operating Budget Revenues General Fund Employee Compensated Leave Reserve Low/Moderate Income Housing Fund Peninsula Library JPA Fund Long Range Planning Fund Police COPS/SLESF Fund Cypress Hollow Fund OPERATING REVENUES Fiscal Year 2018/19 Overview of Operating Budget Sources of Funding ..1111_ 1111 ---_ ..........................___-.___. .1__-1_11_ 1111_ _ _ .........1111 1111__ ..........._ E Planned Operating Revenues & Sources of Funds for 2018/19 I $121499,259 Fines&Forfeitures Investment Earnings 0.9% 1.6% Franchises Intergovernment& 5.9% Agency Other Taxes g y 13.1% 0.8% Licenses&Permits r 8.0% j to ,�+����_KT \ • \\ 1. Charges for Service a Other Revenues 1.0% Property Taxes 46.6% Other Fund&Revenue Sources 18.9% i 1111 1111__- 1111_. _ 1111.. _ 1111. _. - ----------1 . -_ __.__�i Property Taxes $ 5,824,784 Other Taxes $ 1,634,876 Franchises $ 738,000 Fines&Forfeitures $ 116,000 Investment Earnings $ 200,050 Intergovernment&Agency $ 96,008 Licenses&Permits $ 995,900 Charges for Service $ 410,800 Other Revenues $ 123,633 Other Fund&Revenue Sources $ 2,359,209 $12,499,259 Page-9 OPERATING REVENUES FY 2018-19; Operating Budget Revenues - Summary IN a 0 8 0 0 0 GENERAL FUND Property Taxes 5,035,073 5,451,486 5,441,260 5,633,947 5,824,784 Other Taxes 1,768,514 1,723,923 1,647,068 1,736,545 1,634,876 Franchises 688,034 718,867 710,000 720,882 738,000 Fines&Forfeitures 109,900 174,508 129,000 138,910 116,000 Investment Earning s, 65,159 114,676 100,100 183,750 200,050 Inte g'overnment&Agency 125,559 105,480 93,324 87,293 96,008 Licenses&Permits 1,084,780 1,191,006 992,100 996,246 995,900 Charges#or Service' 494,649 447,282 375,200 475,680 410,800 Other Revenues 113,044 226,403 121,040 293,068 123,633 Subtotal General fund $ 9,484,712 $ 10,153,631 $ 9,609,091 $ 10,266,321 $ 10,140,050 OTHER FUND&RESERVE SOURCES: -' Employee Comp,Leave Reserve `LowlModerate Income Housing Fuq , 23,270 23,270 33,033 23,374 23,374 Town Owned Housing 61,035 96,317 87,078 71,576 91,567 Selvedere-Tiburon Library JPAFund'� 1,603,870 1,724,508 1,758,545 1,818,000 1,908,900 Long Range",Planning Fund :- 29,370 33,713 25,000 5,542 20,000 PollceCOPSISLESFFund- = 127,441 100,000 125,000 180,000 180,000 Gas`_Tax 40,000 21,715 40,000 Measure!'A"Parks 45,115 - 58,000 73,000 72,368 Cypress Hollow Fund 17,101 17,101 16,500 17,171 23,000 SubtatalOfherSourceS $ 1,907,202 $ 1,994,909 $ 2,143,157 $ 2,210,378 $ 2,359,209 Totals'; $ 11,391,914 $ 12,148,540 $ 11,752,247 $ 12,476,699 $ 12,499,259 Page-10 OPERATING REVENUES FY 2018-19 Operating Budget Revenues - Detail fn a * 3 3 d 3 ! ' asa x-c cr sa gaa r GENERAL FUND, PROPERTY TAXES Secured 3,465,322 3,684,744 3,835,994 3,873,060 4,066,713 Unsecured 71,013 72,159 72,159 73,529 75,767 Supplemental 99,387 89,962 81,799 86,343 80,163 Other 39,717 44,948 40,000 39,009 40,000 NOPTR State19,776 19,513 19,285 19,285 19,166 ERAF Rebate 539,693 699,785 519,696 660,263 614,000 Property Tax In'-Lieu of VLF847,650 899,352 935,326 943,690 990,875 County Fees (47,485) (58,977) (63,000) (61,232) (61,900) Total: 5,035,073 5,451,486 5,441,260 5,633,947 5,824,784 OTHER'FAXES Sales Tax 644,626 615,867 605,000 621,763 590,675 Sales Tax-Public Safety 77,455 81,105 81,411 84,261 82,514 ransient Occupancy Tax 831,706 804,905 800,657 817,565 776,687 TOT Seasonal Rentals 4,694 2,871 - 217 - Real'Pr6perty Transfer 7 n 210,033 219,175 160,000 212,739 185,000 Total; 1,768,514 1,723,923 1,647,068 1,736,545 1,634,876 FRANCHISES Energy-PG&E 111,111 125,247 110,000 110,000 128,000 Refuse-Hili Valley Refuse 360,276 346,097 355,000 359,275 360,000 Debris Boxes-Grange; 27,310 27,940 35,000 29,849 30,000 Cable-AT&T 189,337 219,583 210,000 221,758 220,000 Total: 688,034 718,867 710,000 720,882 738,000 FINES&FORFEITURES Vehicle Code 8,659 10,097 11,000 12,240 12,000 Parking Code 81,284 56,667 71,000 49,834 56,000 False Alarm Fines - 3,502 2,000 6,980 3,000 Permit Reactivization Fines 7,652 67,880 20,000 19,880 20,000 Other Fines 12,305 36,362 25,000 49,976 25,000 Total: 109,900 174,508 129,000 138,910 116,000 INVESTMENT EARNINGS Interest-LATE 62,388 113,431 100,000 183,650 200,000 Interest-NoteslLoans 2,647 1,111 - Inters#-Investments 61 100 50 interest'-Other, 124 73 100 - Totai: 65,159 1 114,676 100,100 183,750 1 200,050 Page-11 OPERATING REVENUES FY 2018-19 Operating Budget Revenues - Detail 1NTERGOUERNMENT&AGENCY State Motor Vehicle License Fees 3,712 4,257 4,000 5,004 4,500 State POST 1,615 - 2,000 1,867 2,000 State Abandoned Vehicle 5,282 4,928 5,000 5,204 5,000 iSB 90 Reimbursements 37,959 - 1,000 -Belvedere(Dairy Knoli Capital 3©K) 7,376 37,945 32,824 32,985 34,008 Belvedere-Tiburon Library Agency 14,464 - Tiburon Sanitary District 6,848 4,998 7,000 5,897 7,000 Tiburon Fire Dist 10,629 13,351 11,000 10,767 11,000 State Grants 5,000 - 5,000 5,000 County Grants 13,741 18,419 13,500 5,000 15,000 TPSL McKegney Fees;= 3,308 14,630 7,000 15,569 7,500 Other Grantsl,Gifts IABAG15,625 6,952 5,000 5,000 5,000 Total: 125,559 105,480 93,324 87,293 96,008 LICENSES&PERMITS;; Business License Regular 237,879 209,951 200,000 200,000 200,000 Business License Construe#ion 65,807 76,952 62,000 60,808 60,000 Dog Walker Permits 500 300 350 Solar Panel Perrm s 120 2,120 1,500 Building Permits 545,744 632,979 525,000 499,232 525,000 CEQA EIR initial Study,"­` 500 400 300 450 300 Design Review 89,136 88,711 90,000 81,167 81,000 Home Occupation Permit: 6,600 5,350 5,000 5,000 5,000 Lot Line':Adjustment 1,580 1,670 - 1,440 100 Master&Precise Plan 4,140 (1,520) 2,500 1,000 Sign Permit 755 785 1,000 90 500 Subdivision Permit - 1,500 1,000 Tree Permit 15,460 11,425 9,000 8,073 9,000 Use Permit 11,820 4,281 7,500 7,500 7,500 Variance Amendment 21,220 19,630 15,000 27,870 15,000 Other Planning Permits 7,433 9,404 300 5,000 1,000 Alarm System Permit c. 22,105 25,150 20,000 20,000 20,000 Encroachment Permit 51,403 89,920 50,000 74,840 65,000 Park Usage Permit - 12,948 - Misc.Engineering Fees 480 - 1,000 1,000 Parking Permit=Residential 2,218 2,550 2,000 2,306 2,000 Total 1,084,780 1 1,191,006 992,100 996,246 995,900 Page-12 OPERATING REVENUES FY 2018-19 Operating Budget Revenues - Detail CHARGES FOR SERVICE . Cost Recovery-Administration.: 8,450 8,749 5,000 8,837 7,500 Cost Recovery.1 IT 40,000 Refuse Franchise Admin Fee 6,000 5,500 6,000 6,000 6,000 Miscellaneous-Administrataoriharges. 10,686 3,350 2,000 4,150 2,000 Appeal 2,250 2,690 1,600 1,700 1,600 Plan Checking 305,615 268,485 200,000 283,053 225,000 Records&Document S#orage 43,130 43,950 30,000 31,290 30,000 RBR Residential Resale Report 39,475 36,600 25,000 34,767 27,000 Staff Research ' . - 500 - - Street Name/Address C-hange 340 170 100 170 100 Noticing Of Applications 1,300 700 1,000 500 500 Sale Publications&Documents 16 2 1,000 144 100 Cost Recovery-Gomriiunaty Dein 1,643 8,935 5,000 7,953 5,000 Cost Recovery..-Building - 2,904 4,270 - IUliscellaneous=Planning Charges (54) - - - Cost Recovery-Pohce 35,682 26,273 63,000 63,000 34,500 Police Overtlme Rehmb itsein 10,524 10,312 15,000 5,000 10,000 Miscellaneous=Police Charges; 2,970 4,909 3,500 8,212 5,000 Sign Fees - 75 - Cost Recove -Puhlf °Woks _ 26,622 23,678 16,500 16,634 16,500 Total: ` 494,649 447,282 375,200 475,680 410,800 OTHER REVENUES. Refunds &Reimbursements 11,293 27,333 15,000 19,520 15,000 Other Revenues 8,550 180 5,000 176,616 5,000 Litigation Settlement', - - Administrative Fees-Assessment Dist 16,041 105,050 14,000 12,700 12,700 Rent-Antenna Site&Utility 64,810 68,804 70,000 71,360 73,501 Rent-Downtown Restroom 11,020 11,040 11,040 11,432 11,432 Rent-Other 685 880 1,000 940 1,000 Sale-Property,Equipment, , ..'" 645 13,116 1 5,000 1 500 1 5,000 Total: 113,044 226,403 1 121,040 1 293,068 1 123,633 Total General Fund: $ 9,484,712 $ 10,153,631 $ 9,609,091 $ 10,266,321 $ 10,140,050 Page-13 OPERATING REVENUES FY 2018-19 Operating Budget Revenues - Detail MEMO OTHER F0111D SOURCES Restricted,Furii Coritributrons" Employee Compensated Leave-Reserve °' Low/Moderate lncome'Nous�ng Fund 23,270 23,270 33,033 23,374 23,374 Town Owne61,035 96,317 87,078 71,576 91,567 Peninsula Lrbrary JPA Fund 1,603,870 1,724,508 1,758,545 1,818,000 1,908,900 Long Range Plannrng Fund 29,370 33,713 25,000 5,542 20,000 Police COPS/SLit' 127,441 100,000 125,000 180,000 180,000 Gas,Tax' Fund' - 40,000 21,715 40,000 Measure A ,,Parks 45,115 58,000 73,000 72,368 C press,Mollgw ,�tnd ,,. 17,101 17,101 16,500 17,171 23,000 Total: 1,907,202 1,994,909 2,143,157 2,210,378 2,359,209 Total Revenues(Aiti=u»ds) „ $ 11,391,914 $ 12,148,540 $ 11,752,247 $ 12,476,699 $ 12,499,259 Page-14 OVERVIEW OF OPERATING EXPENDITURES Expenditures by Department Fund Sources for Expenditures Expenditures by Object OPERATING EXPENDITURES FY 2018=19 Overview of Operating Expenditures by Object Planned Operating Expenditures by Object for 2018/19 $12,361,425 Employee Benefits Supplies & 17.9% Services 45.2% K Capital Projects 0.3% Salary & Wages 35.2% Capital Outlay Allowance 1.4% Salary&Wages $4,349,816 Employee Benefits 2,207,067 Supplies&Services 5,589,442 Capital Projects 37,500 Capital Outlay Allowance 177,600 Total Operating Expenditures $12,361,425 Page-16 OPERATING EXPENDITURES Fiscal Year 2018-19 Overview of Operating Expenditures General Fund Expenditures by Object FY 2018/19 $10,002,216 Capital Outlay Allowance 1.8% Salary and Wages 41.7% Supplies and Services 34.1% 3t 115 now y v Employee Benefits 22.1% Salary and Wages $4,169,816 Employee Benefits 2,207,067 Supplies and Services 3,410,233 Capital Projects 37,500 Capital Outlay Allowance 177,600 Total General Fund Operating Expenditures $10,002,216 Page-17 OPERATING EXPENDITURES Fiscal Year 2018-19 Summary of Department Expenditures �• e, 1 R a 9 i i i 3 aaa -a i a ssa a ALL DEPARTMENTS/DIVISTQNS TOWN ADMINISTRATIVE SERVICES Administration 1,090,006 1,054,373 1,202,123 1,063,436 1,277,034 Legal Services 277,930 188,500 291,000 256,331 346,500 Legislative 35,690 59,345 85,250 90,718 106,750 town Hall Facility 167,610 161,728 216,776 211,855 210,416 subtotal, ' ' $ 1,571,236 $ 1,463,946 $ 1,795,149 $ 1,622,340 $ 1,940,700 ON-DEPARTMENTAL insurances and Governmental Agreements 833,225 1,052,043 1,413,927 1,313,276 1,540,062 Housing 23,270 23,270 33,033 23,374 23,374 Town Owned Housing` " 61,035 96,317 87,078 71,576 91,567 Beivedere,-Tiburon Library Agency', 1,603,870 1,724,508 1,758,545 1,818,000 1,908,900 subtotal $ 2,521,400 $ 2,896,138 $ 3,292,583 $ 3,226,226 $ 3,563,903 CMMUNIT.Y DEVELOPMENT PWanbing&Do' ign"Rgvipw 519,970 532,789 573,963 538,328 626,221 Wlding lnsp6ctiort 588,040 598,377 661,912 621,750 672,069 Advance Planning 29,370 33,713 25,000 5,542 20,000 s6bt6tal $ 1,137,380 $ 1,164,879 $ 1,260,875 $ 1,165,620 $ 1,318,290 POLICE;SERViCMI, Police Department;:, 2,870,872 3,062,056 3,276,517 3,086,628 3,411,889 Pc�iice.EOClFacili ;' 73,742 53,257 65,532 59,166 72,500 sukitafal:' ? $ 2,944,614 $ 3,115,313 $ 3,342,049 $ 3,145,794 $ 3,484,389 PUBLIC WORKS&ENGINEERING Administration&4ngineering 328,910 395,763 568,858 520,337 590,392 Streets Main#enancie 472,706 437,566 508,259 478,517 536,511 Parks,Maintgnance.;,: 488,214 518,510 632,172 616,786 761,461 Street&Signal LigFt System 35,547 34,192 34,000 36,092 36,000 Gorporatlon`'Yard 97,860 100,581 116,380 104,855 106,780 Cypress Hollow 15,374 17,101 16,500 17,171 23,000 subtotal $ 1,438,611 $ 1,503,713 $ 1,876,169 $ 1,773,758 $ 2,054,143 TOTALS $ 9,613,241 $ 10,143,989 $ 11,566,825 $ 10,933,738 $ 12,361,425 Page-18 OPERATING EXPENDITURES FY 2018-19 Summary of Funding Sources for Department Expenditures E ALL FUNDS General Fund $ 7,780,322 $ 8,149,078 $ 9,408,669 $ 8,723,360 $ 10,002,216 Employee Compensated Leave Reserve - - - - - Low&Moderate Income Housing 23,270 23,270 33,033 23,374 23,374 Town Owned Housing 61,035 96,317 87,078 71,576 91,567 Belvedere-Tiburon Library Agency 1,603,870 1,724,508 1,758,545 1,818,000 1,908,900 Long Range Planning 29,370 25,000 33,713 5,542 20,000 Police COPS/SLESF 100,000 100,000 125,000 180,000 180,000 Cypress Hollow Fund 15,374 17,101 16,500 17,171 23,000 Gas Tax Fund - - 40,000 21,715 40,000 Measure"A"Parks - - 73,000 72,368 72,368 Totals $ 9,613,241 $ 10,135,274 $ 11,575,538 $ 10,933,106 $ 12,361,425 Page-19 OPERATING EXPENDITURES Fiscal Year 2018-19 Summary of Expenditures by Object EXPENDITURES SALARY&WAGES: $ 3,725,923 $ 3,787,631 $ 4,022,931 $ 3,9897044 $ 4,349,816 EMPLOYEE,BENEFITS $ 1,512,028 $ 1,581,434 $ 1,974,669 $ 1,697,323 $ 2,207,067 SUPPLIES&SERVICES Department Supplies&Expenses 158,123 166,012 205,025 184,780 223,790 Conferences&Memtsersn�ps 37,606 43,996 58,850 42,941 58,950 Contractual Services 776,940 692,564 907,604 780,988 803,815 insurances 308,780 338,049 349,490 312,236 412,672 Intergovernmental&Agency 2,184,626 2,532,969 2,697,915 2,715,925 2,921,842 Ey�u�pment Supplies&Maintenance 396,982 464,522 725,841 645,476 746,223 Utility&Communication 202,869 216,462 229,750 244,432 262,650 Special"Department Administrative" 128,410 103,658 179,350 125,693 159,200 Allocated Costs, 0 0 300 300 300 Total.Supplies&Services $ 4,194,336 $ 4,558,232 $ 5,354,125 $ 5,052,771 $ 5,589,442 CAPITAL OUTLAY EXPENSE- , $ 1,260 $ 2,371 $ 10,000 $ 10,000 $ 10,000 CAPITAL OUTLAY ALLOWANCE $ 177,600 $ 177,600 $ 177,600 $ 177,600 $ 177,600 CAPITAL"PROJECTEXPENSES, " ' $ 2,094 $ 36,719 $ 27,500 $ 7,001 $ 27,500 TOTAL EXPENDITURES" $ 9,613,241 $ 10,143,987 $ 11,566,825 $ 10,933,738 $ 12,361,425 Page-20 TOWN ADMINISTRATION Administrative Services Legal Services Legislative Support Town Hall Facility Town Administration is comprised of a series of support-related activities and functions. The activities are performed by the Town Manager, Town Attorney, Director of Administrative Services and other personnel. The Department increased its number of FTE employees from 5.8 to 6.8 in FY 2017-18 with the addition of an IT Coordinator. The total proposed appropriation for Town Administration is$1,940,700. Administrative Services The Administrative Services division is responsible for management oversight of all departments; financial management of Town resources; debt and special assessment management; payroll, personnel and benefit administration; risk management; records management; elections; participation and oversight of inter- governmental relations that affect the Town; and coordination and direction of Town activities and service delivery systems to ensure that services are provided efficiently. Legal Services The Town Attorney provides legal counsel and advice to Town Council and Town Staff; coordinates all legal representation of the Town should outside counsel be required; and prepares or reviews ordinances, contracts and agreements. Legislative Support ,:This division provides funding for legislative activities and bodies including the Town Council, Planning Commission, Design Review Board, Heritage&Arts Commission and the Parks and Open Space Commission. Town Hall Facility This division consolidates all non-specific operational funding for the Town Hall. Expenses for building utilities and maintenance, insurance costs, and operating supplies are reflected here. Town Administra#ion DEPARTMENT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed DEPARTMENT FUNDING General Fund 1,571,236 1,463,946 1,795,149 1,622,340 1,940,700 Employee Compensated Leave Reserve - - - - - Total Department Funding $ 1,571,236 $ 1,463,946 is 1,795,149 $ 1,622,340 $ 1,940,700 DIVISION FUNDING Administration General Fund 1,090,006 1,054,373 1,202,123 1,063,436 1,277,034 Total Administration $ 1,090,006 $ 1,054,373 $ 1,202,123 $ 1,063,436 $ 1,277,034 Legal Services General Fund 277,930 188,500 291,000 256,331 346.500 Total Legal Services $ 277,930 $ 188,500 $ 291,000 $ 256,331 $ 346,500 Town Hall Facility General Fund 167,610 161,728 216,776 211,855 210,416 Total Town Hall $ 167,610 $ 161,728 $ 216,776 $ 211,855 $ 210,416 Legislative General Fund 35,690 59,345 85,250 90,718 106,750 Total Legislative $ 35,690 $ 59,345 $ 85,250 $ 90,718 $ 106,750 Total Division Funding $ 1,571,236 $ 1,463,946 $ 1,795,149 $ 1,622,340 1 $ 1 940,700 Page-22 Town Administration ALL DIVISIONS OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 652,615 $ 634,618 $ 675,694 $ 667,187 $ 781,020 EMPLOYEE BENEFITS 214,995 208,052 220,379 184,626 289,714 SUPPLIES& SERVICES Department Supplies& Expenses 96,620 97,077 132,700 121,141 152,540 Conferences& Memberships 17,049 23,376 30,250 27,392 31,250 Contractual Services 414,297 333,449 463,300 364,368 443,300 Equipment Supplies& Maintenance 44,593 65,581 89,176 98,971 74,876 Utility& Communication 34,950 38,361 46,300 44,799 50,800 Special Department Administrative 66,857 33,061 104,350 80,856 84,200 Total Supplies&Services 674,366 590,905 866,076 737,527 836,966 CAPITAL OUTLAY EXPENSE 1,260 2,371 5,000 5,000 5,000 CAPITAL OUTLAY ALLOWANCE 28,000 28,000 28,000 28,000 28,000 CAPITAL PROJECT EXPENSES - - - - - TOTAL EXPENDITURES $ 1,571,236 $ 1,463,946 $ 1,795,149 $ 1,622,340 $ 1,940,700 SOURCE OF FUNDING General Fund 1,571,236 1,463,946 1,795,149 1,622,340 1,940,700 TOTAL FUNDING $ 1,571,236 $ 1,463,946 $ 1,795,149 $ 1,622,340 $ 1,940,700 STAFFING LEVEL Town Manager 1.00 1.00 1.00 1.00 1.00 Town Attorney - - - - - Director of Administrative Services 1.00 1.00 1.00 1.00 1.00 Information Technology Coordinator - - - - - Town Clerk 1.00 1.00 1.00 1.00 1.00 Management Analyst 1.00 1.00 1.00 1.00 1.00 Office Assistant 0.90 0.90 0.90 1.00 1.00 Management Assistant 0.80 0.80 0.80 0.80 0.80 IT Desktop/Analyst Support - - - - 1.00 TOTAL STAFFING 5.70 5.70 5.70 5.80 6.80 Page-23 Town Administration ADMINISTRATIVE SERVICES OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 652,615 $ 634,618 $ 675,694 $ 667,187 $ 781,020 EMPLOYEE BENEFITS $ 214,995 $ 208,052 $ 220,379 $ 184,626 $ 289,714 SUPPLIES &SERVICES Department Supplies&Expenses 5,991 7,123 6,000 4,683 6,000 Conferences& Memberships 12,926 17,145 22,500 17,567 22,500 Contractual Services 137,524 146,339 173,300 109,273 98,300 Utility&Communication 748 - - - - Special Department Administrative 39,207 15,096 78,250 54,100 53,500 Total Supplies&Services $ 196,396 $ 185,703 $ 280,050 $ 185,623 $ 180,300 CAPITAL OUTLAY ALLOWANCE $ 26,000 $ 26,000 $ 26,000 $ 26,000 $ 26,000 TOTAL EXPENDITURES $ 1,090,006 $ 1,054,373 $ 1,202,123 $ 1,063,436 $ 1,277,034 Positions 5.70 5.70 5.70 5.80 6.80 TOTAL STAFFING 5.70 5.70 5.70 5.80 6.80 Page-24 Town Administration ADMINISTRATIVE SERVICES Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SALARY 511100 Town Manager 207,263 198,846 202,114 196,799 209,988 511350 Administrative Services Director 136,289 139,313 143,193 141,549 148,208 511400 Town Clerk 91,321 85,758 79,837 79,067 92,400 511450 Information Technology Coordinator - - - 28,422 86,394 511700 Finance/HR Assistant(.857 FTE) 64,533 67,063 72,656 71,281 70,179 511550 Management Analyst 77,394 83,060 90,103 89,237 96,342 511600 Office Assistant 44,343 51,878 61,791 60,830 66,509 515100 Overtime - 111 1,000 - 1,000 517100 Vacation Conversion 30,302 5,901 - 516990 Retention Bonus - - - - 518100 Casual Hire 1,170 2,688 25,000 - 10,000 Total: $ 652,615 $ 634,618 $ 675,694 $ 667,187 $ 781,020 EMPLOYEE BENEFITS 521100 Medical&Insurance 71,786 74,408 112,335 75,898 140,026 521200 Employee Accruing Fringe 21,800 22,364 - 22,980 - 522200 PERS-Employer Normal Cost 59,357 37,042 42,255 34,481 53,274 522250 PERS-Employer Unfunded Liability Pmt. - 21,697 31,835 16,516 52,417 522550 PERS-Add'tl Payment Unfunded Liability - 24,615 - - - 522300 PST 3.75% 2,562 2,659 2,543 2,818 2,632 522400 Other Retirement Benefits(GASB 45)1.0% 30,262 6,323 6,425 6,425 7,700 523100 FICA-Medicare 7,649 7,383 9,386 7,619 11,165 524100 Auto Allowance 6,579 6,600 6,600 6,600 8,400 524200 Housing Allowance - 3,461 9,000 9,750 12,000 524400 Relocation Expenses 15,000 1,500 - - - 524500 Cell Phone Allowance 1,500 1,539 2,100 Total: $ 214,995 $ 208,052 $ 220,379 $ 184,626 $ 289,714 SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531050 Bank Charges&Fees 2,418 21501 1,500 1,200 1,500 531060 Noticing&Publication 3,329 3,838 3,500 2,755 3,500 531140 Publications&Subscriptions 244 784 1,000 728 1,000 Subtotal: $ 5,991 $ 7,123 $ 6,000 $ 4,683 $ 6,000 CONFERENCES&MEMBERSHIPS 532010 Conferences(Inc'ld ICMA),Meetings,Travel 3,846 3,637 7,500 7,608 7,500 532020 Employee Development/Training/Retreat 863 3,781 3,000 2,804 3,000 532040 Memberships 8,217 9,727 12,000 7,155 12,000 Subtotal: $ 12,926 $ 17,145 $ 22,500 $ 17,567 $ 22,500 CONTRACTUAL SERVICES 533010 Contractual Services 7,110 7,318 13,800 10,985 13,800 533012 Contractual Video Technician 7,500 533250 IT Consulting Services 76,973 74,865 85,000 32,936 15,000 533020 Financial Audit 28,000 31,031 32,000 29,350 32,000 533060 Consulting Services 4,600 11,318 20,000 10,002 20,000 533200 Systems/Technical Support 120,841 1 21,807 1 22,500 1 26,000 10,000 Subtotal: $ 137,524 1 $ 146,339 1 $ 173,300 1 $ 109,273 $ 98,300 Page-25 Town Administrat 66 ADMINISTRATIVE SERVICES Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed UTILITY&COMMUNICATION 537300 Telecommunication $ 748 $ Subtotal: $ 748 $ - $ - $ - $ - SPECIAL DEPT.ADMINISTRATIVE 538010 Election 12,471 3,746 45,000 23,550 20,000 538030 Municipal Code Section Maintenance 3,483 4,343 5,000 4,105 5,000 538040 Newsletter Production&Mailing 1,020 1,118 750 712 1,000 538240 Records Management 1,500 324 2,500 733 2,500 538900 Contingency Provision 20,733 5,565 25,000 25,000 25,000 Subtotal: $ 39,207 $ 15,096 $ 78,250 $ 54,100 $ 53,500 Total Supplies&Services: $ 196,396 $ 185,703 $ 280,050 $ 185,623 $ 180,300 CAPITAL OUTLAY ALLOWANCE 559020 TechnologyAllowance 26,000 26,000 26,000 26,000 26,000 Total: $ 26,000 $ 26,000 $ 26,000 $ 26,000 $ 26,000 TOTAL DEPARTMENT $ 1,090,006 $ 1,054,373 $ 1,202,123 1 $ 1,063,436 $ 1,277,034 Page-26 Town Administration LEGAL SERVICES OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ - $ - $ - $ - $ EMPLOYEE BENEFITS $ - $ - $ - $ - $ - SUPPLIES & SERVICES Department Supplies& Expenses 100 390 - 236 500 Conferences& Memberships 57 - - - - Contractual Services 276,773 187,110 290,000 255,095 345,000 Total Supplies&Services $ 276,930 $ 187,500 $ 290,000 $ 255,331 $ 345,500 CAPITAL OUTLAY ALLOWANCE $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 TOTAL EXPENDITURES $ 277,930 $ 188,500 $ 291,000 $ 256,331 $ 346,500 STAFFING LEVEL Positions Contract Contract Contract Contract Contract TOTAL STAFFING Contract Contract Contract Contract Contract Page-27 Town Administration LEGAL SERVICES Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SALARY 511200 Town Attorney(75%) 517100 Vacation Conversion Total: $ $ - $ - $ - $ EMPLOYEE BENEFITS 521100 IMedical&Insurance 521200 Employee Accruing Fringe 522100 PERS-Employee(7%) 522200 PERS-Town(11.522%) 522400 Other Retirement Benefits(GASB 45)4.717% 522500 PERS Side Fund Repayment(1.717%) 523100 FICA-Medicare 524100 Auto Allowance Total: $ - $ - $ $ - $ - SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531140 Publications&Subscriptions 100 390 236 500 Subtotal: $ 100 $ 390 $ $ 236 $ 500 CONFERENCES&MEMBERSHIPS 532010 Conferences,Meetings&Travel 57 - - - 532040 Memberships - Subtotal: $ 57 $ - $ - $ - $ - CONTRACTUAL SERVICES 533500 Contract-Town Attorney 216,070 187,110 210,000 213,000 215,000 533510 Legal Services-Other - 17,500 - 533520 Litigation-ABAG PLAN 35,621 - 50,000 24,595 50,000 533530 Litigation-General 3,264 - 25,000 - 75,000 533590 Legal Settlements 21,818 - 5,000 - 5,000 Subtotal: $ 276,773 $ 187,110 $ 290,000 $ 255,095 $ 345,000 Total Supplies&Services: 276,930 187,500 290,000 255,331 345,500 CAPITAL OUTLAY ALLOWANCE 559020 Technology Allowance 1,000 1,000 1,000 1,000 1,000 Total: 1,000 1,000 1,000 1,000 1,000 TOTAL DEPARTMENT $ 277,930 $ 188,500 $ 291,000 $ 256,331 $ 346,500 Page-28 Town Administration LEGISLATIVE SUPPORT OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SUPPLIES &SERVICES Department Supplies& Expenses 18,559 49,449 65,500 67,237 86,000 Conferences& Memberships 4,066 6,231 7,750 9,825 8,750 Equipment Supplies& Maintenance - 285 500 2,500 500 Special Department Administrative 12,065 2,380 10,500 10,156 10,500 Total Supplies&Services $ 34,690 $ 58,345 $ 84,250 $ 89,718 $ 105,750 CAPITAL OUTLAY ALLOWANCE $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 TOTAL EXPENDITURES $ 35,690 $ 59,345 $ 85,250 $ 90,718 $ 106,750 Page-29 ToWvn Administration LEGISLATIVE SUPPORT Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531130 Special Events,Awards, Functions 18,479 49,053 22,000 24,885 25,000 531130 Community Events(Farmers'Market) 20,000 20,000 20,000 531130 Downtown Holiday Festival&Lights 7,500 9,115 25,000 531150 Council/Commission Functions - 299 5,500 3,000 5,500 531990 Department Expenses 80 97 500 237 500 536350 Bicycle Pedestrian Education Signage 10,000 10,000 10,000 Subtotal: S 18,559 $ 49,449 $ 65,500 $ 67,237 $ 86,000 CONFERENCES&MEMBERSHIPS 532010 Conferences,Meetings&Travel 2,156 1,929 3,500 3,000 3,500 532030 MCCMC Functions 660 3,052 3,000 5,500 4,000 532040 Memberships 1,250 1,250 1,250 1,325 1,250 Subtotal: S 4,066 $ 6,231 $ 7,750 $ 9,825 $ 8,750 536010 Operating Supplies 285 500 360 500 Subtotal: S - $ 285 $ 500 $ 2,500 $ 500 SPECIAL DEPT ADMINISTRATION 538050 Walking Guide Brochure(Heritage&Arts) 2,500 2,500 2,500 538510 Planning Commission 500 280 500 538520 Design Review Board 250 - 250 538530 Parks,Open Space&Trails Commission 250 295 250 538540 Heritage&Arts Commission 2,065 2,380 2,000 2,081 2,000 538900 Contingency 10,000 - 5,000 5,000 5,000 Subtotal: S 12,065 $ 2,380 $ 10,500 $ 10,156 $ 10,500 Total Supplies&Services: S 34,690 $ 58,345 $ 84,250 $ 89,718 $ 105,750 CAPITAL OUTLAY ALLOWANCE 559010 Capital Equipment Allowance 1,000 1,000 1,000 1,000 1,000 Total: S 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000 TOTAL DEPARTMENT $ 35,690 $ 59,345 $ 85,250 $ 90,718 $ 106,750 Page-30 Town Administration TOWN HALL FACILITY OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SUPPLIES &SERVICES Department Supplies& Expenses 71,970 40,115 61,200 48,985 60,040 Equipment Supplies& Maintenance 44,593 65,296 88,676 96,471 74,376 Utility&Communication 34,202 38,361 46,300 44,799 50,800 Special Department Administrative 15,585 15,585 15,600 16,600 20,200 Allocated Costs Special Department Administrative 15,585 15,585 15,600 16,600 20,200 Total Supplies&Services $ 166,350 $ 159,357 $ 211,776 $ 206,855 $ 205,416 CAPITAL OUTLAY EXPENSE $ 1,260 $ 2,371 $ 5,000 $ 5,000 $ 5,000 CAPITAL PROJECT EXPENSES $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 167,610 $ 161,728 $ 216,776 $ 211,855 $ 210,416 STAFFING LEVEL Positions - - - - - TOTAL STAFFING - Page-31 Town Administration TOWN HALL FACILITY Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531010 1 Office&Copier Supplies 18,845 17,965 25,000 21,111 25,000 531080 Postage 3,921 9,797 10,000 10,000 10,000 531090 Printing&Reproduction 862 1,431 5,000 4,342 5,000 531120 Recruiting&Background 31,121 541 5,000 3,032 5,000 531130 Special Events,Awards, Functions 11,521 4,981 10,000 5,537 10,000 533070 Parking Lease 5,700 5,400 6,200 4,963 5,040 Subtotal: $ 71,970 $ 40,115 $ 61,200 $ 48,985 $ 60,040 EQ SUPPLIES&MAINTENANCE 536020 Equipment Maintenance 17,991 29,680 25,000 33,000 25,000 536030 Building/Facility Supplies 5,392 5,338 5,000 4,096 5,000 536060 Inspection&Testing 52 242 500 250 500 536070 Janitorial Services 13,000 12,155 18,576 19,467 22,276 536080 Landscape Grounds Materials 23 225 1,000 500 1,000 536100 Pest Control 390 478 600 297 600 536290 Misc. Facility Improvements 86 5,350 28,000 28,000 10,000 536285 Dairy Knoll Maintenance 7,659 11,828 10,000 10,861 10,000 Subtotal: $ 44,593 $ 65,296 $ 88,676 $ 96,471 $ 74,376 UTILITY&COMMUNICATION 537100 Energy-PG&E 19,109 21,730 25,000 26,067 27,500 537200 Water-MMWD 1,152 1,872 2,000 3,575 4,000 537300 Telecommunications 13,941 14,135 17,500 14,054 17,500 537600 Cable Communication Services 624 1,800 1,103 1,800 Subtotal: $ 34,202 $ 38,361 $ 46,300 $ 44,799 $ 50,800 SPECIAL DEPT.ADMINISTRATIVE 537700 MIDAS Network Charges $ 15,585 $ 15,585 $ 15,600 $ 16,600 $ 20,200 Subtotal $ 15,585 $ 15,585 $ 15,600 $ 16,600 $ 20,200 Total Supplies&Services: $ 166,350 $ 159,357 $ 211,776 $ 206,855 $ 205,416 CAPITAL OUTLAY EXPENSES 543030 Office Furniture/Equipment 1,260 2,371 5,000 5,000 5,000 Total: $ 1,260 $ 2,371 $ 5,000 $ 5,000 $ 5,000 TOTAL DEPARTMENT $ 167,610 $ 161,728 $ 216,776 $ 211,855 $ 210,416 Page-32 COMMUNITY DEVELOPMENT Planning & Design Review e Advance Planning F Building Inspection TheCommunity Development Department is responsible for managing the planning, development and implementation of the overall community goals in accordance with the General Plan, Zoning Ordinance, Municipal Codes, Building Codes, and Town Council policies. ;The total proposed appropriation for the Community Development Department is $1,318,290 primarily with resources of the General Fund. Staffing of the Department totals eight employees- four in Planning Division and four in Building Division. The FY 2018/19 budget includes the reclassification of the Community Development Aide position to Planning Technician. <Planning & Design Review Cy a The Planning Division is responsible for managing the physical development of the Town in an orderly manner, in accordance with the General Plan, Zoning Ordinance, Municipal Code, Hillside Design Guidelines, Downtown Design Handbook, and Town Council policies. The Division reviews and issues planning and zoning permits, tree permits, sign permits, and well permits, among others, and performs code enforcement functions ;for areas under its regulatory purview. .bqAdvance Planning y The Advance Planning Division is responsible for maintaining a comprehensive up-to-date General Plan, as well as conductingstudies and producing long-range lans and documents such as the Climate Action Plan, p 9p ` Open Space Resource Management Plan, Recreation Needs Assessment, McGegney Green Management ` `Ea Policy, Bicycle & Pedestrian Master Plan, and Local Hazard Mitigation Plan. a, Building Inspection s; The Building Inspection Division ensures that construction in the Town is compliant with adopted construction codes, in conformance with accepted building practices, and conforms to the Town's adopted policies and ordinances. The Division issues permits, conducts regular permit inspections, performs plan check reviews for 4 construction applications, conducts residential resale inspections, and performs code enforcement functions for ,' 'areas under its regulatory purview. Community Deve1©pment eNz DEPARTMENT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed DEPARTMENT FUNDING General Fund 1,108,010 1,131,164 1,235,875 1,160,078 1,298,290 Long Range Planning Fund 29,370 33,713 25,000 5,542 20,000 Total Department Funding $ 1,137,380 $ 1,164,878 $ 1,260,875 $ 1,165,620 $ 1,318,290 DIVISION FUNDING Planning&Design Review General Fund 519,970 532,788 573,963 538,328 626,221 Total Planning& Design Review $ 519,970 $ 532,789 $ 573,963 $ 538,328 $ 626,221 Building Inspection General Fund 588,040 598,376 661,912 621,750 672,069 Total Building Inspection $ 588,040 $ 598,377 $ 661,912 $ 621,750 $ 672,069 Advance Planning Long Range Planning Fund 29,370 33,713 25,000 5,542 20,000 Total Advance Planning $ 29,370 $ 33,713 $ 25,000 $ 5,542 $ 20,000 Total Division Funding $ 1,137,380 $ 1,164,879 $ 1,260,875 $ 1,165,620 $ 1,318,290 C+Drnmunr#y Development � e ALL DIVISIONS OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 710,419 $ 711,000 $ 761,923 $ 761,393 $ 809,402 EMPLOYEE BENEFITS $ 244,064 $ 263,996 $ 276,802 $ 241,328 $ 301,488 SUPPLIES & SERVICES Department Supplies& Expenses $ 6,848 $ 8,941 $ 8,700 $ 4,732 $ 8,500 Conferences& Memberships $ 4,854 $ 7,541 $ 13,500 $ 7,483 $ 10,000 Contractual Services $ 88,238 $ 82,888 $ 100,000 $ 84,500 $ 95,000 Equipment Supplies& Maintenance $ 5,426 $ 3,498 $ 8,950 $ 4,642 $ 7,900 Special Department Administrative $ 56,531 $ 66,013 $ 70,000 $ 40,542 $ 65,000 Total Supplies &Services $ 161,897 $ 168,881 $ 201,150 $ 141,899 $ 186,400 CAPITAL OUTLAY ALLOWANCE $ 21,000 $ 21,000 $ 21,000 $ 21,000 $ 21,000 DEBT SERVICE EXPENSES $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 1,137,380 $ 1,164,877 $ 1,260,875 $ 1,165,620 $ 1,318,290 SOURCE OF FUNDING General Fund 1,108,010 1,131,164 1,235,875 1,160,078 1,298,290 Long Range Planning Fund 29,370 33,713 25,000 5,542 20,000 TOTAL FUNDING $ 1,137,380 $ 1,164,878 $ 1,260,875 $ 1,165,620 $ 1,318,290 STAFFING LEVEL Community Development Director 1.00 1.00 1.00 1.00 1.00 Planning Manager 1.00 1.00 1.00 1.00 1.00 Advance Planner - - - - - Associate Planner - - 1.00 1.00 1.00 Assistant Planner 1.00 1.00 - - - Planning Secretary 1.00 1.00 1.00 1.00 1.00 Building Official 1.00 1.00 1.00 1.00 1.00 Building Inspector 1.00 1.00 1.00 1.00 1.00 Permits Clerk 1.00 1.00 1.00 1.00 1.00 Permit Technician 1.00 1.00 1.00 1.00 1.00 Building Permit Technician - - - - - Records Management Technician - - - Records Management Coordinator - - - - - TOTAL STAFFING 8.00 8.00 8.00 8.00 8.00 Page 35 Cammun�fi� De�re �pmenf PLANNING & DESIGN REVIEW OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 360,205 $ 371,232 $ 390,527 $ 395,756 $ 436,042 EMPLOYEE BENEFITS $ 132,352 $ 138,561 $ 142,386 $ 122,410 $ 155,179 SUPPLIES&SERVICES Department Supplies& Expenses 6,571 7,046 7,500 4,232 7,500 Conferences&Memberships 2,261 1,467 6,000 2,624 5,000 Contractual Services 11,912 7,633 20,000 6,500 15,000 Insurances - - - - - Intergovernmental&Agency Equipment Supplies&Maintenance 569 749 1,450 706 1,400 Utility&Communication - - - - - Special Department Administrative - Allocated Costs - - - - - Total Supplies&Services $ 21,313 $ 16,895 $ 34,950 $ 14,062 $ 28,900 CAPITAL OUTLAY EXPENSE $ - $ - $ - $ - $ - CAPITAL OUTLAY ALLOWANCE $ 6,100 $ 6,100 $ 6,100 $ 6,100 $ 6,100 CAPITAL PROJECT EXPENSES $ - $ - $ - $ - $ - DEBT SERVICE EXPENSES $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 519,970 $ 532,788 $ 573,963 $ 538,328 $ 626,221 STAFFING LEVEL Positions 4.00 4.00 4.00 4.00 4.00 TOTAL STAFFING 4.00 4.00 4.00 4.00 4.00 Page 36 Comrnun�ty ©e�relopment r} F PLANNING & DESIGN RLVILW Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SALARY 512100 Director of Community Development 138,060 141,123 145,053 144,866 150,133 512200 Planning Manager 97,731 101,616 104,446 109,351 105,719 512300 Associate Planner 67,813 74,748 81,593 78,352 82,826 512400 Assistant Planner 2,420 - - 512600 Community Development Aide 47,543 42,532 49,435 30,219 57,364 515100 Overtime 288 105 1,000 - 1,000 517100 Vacation Conversion - - - 8,644 - 518100 Casual Hire(DRB/PC Minutes) 6,350 11,108 9,000 24,324 39,000 Total: $ 360,205 $ 371,232 $ 390,527 $ 395,756 $ 436,042 EMPLOYEE BENEFITS 521100 Medical&Insurance 54,068 52,572 77,472 47,119 82,368 521200 Employee Accruing Fringe 12,878 12,095 - 11,686 - 522200 PERS-Employer Normal Cost 41,519 26,932 28,323 27,230 31,356 522250 PERS-Employer Unfunded Liability Pmt. 20,848 25,468 25,468 29,952 522550 PERS-Add'tl Unfunded Liability Pmt. - 15,385 - - - 522400 Other Retirement Benefits(GASB 45) 1.0% 16,933 3,681 3,805 3,805 3,960 523100 FICA-Medicare 5,154 5,248 5,518 5,301 5,743 534050 Unemployment Insurance - - - - - 524100 Auto Allowance 1,800 1,800 1,800 1,801 1,800 Total: $ 132,352 $ 138,561 $ 142,386 $ 122,410 $ 155,179 SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531060 Noticing&Publication 6,105 6,936 7,000 4,221 7,000 531140 Publications&Subscriptions 466 110 500 11 500 Subtotal: $ 6,571 $ 7,046 $ 7,500 $ 4,232 $ 7,500 CONFERENCES&MEMBERSHIPS 532010 Conferences,Meetings&Travel 1,466 510 2,500 1,153 2,500 532020 1 Employee Development/Training 237 399 2,500 558 1,500 532040 Memberships 558 558 1,000 913 1,000 Subtotal: $ 2,261 $ 1,467 $ 6,000 $ 2,624 $ 5,000 CONTRACTUAL SERVICES 533010 Contractual Services 11,912 7,633 20,000 6,500 15,000 Subtotal: $ 11,912 $ 7,633 $ 20,000 $ 6,500 $ 15,000 EQ SUPPLIES&MAINTENANCE 536050 Fuel&Oil 569 613 950 555 900 536250 Vehicle Maintenance - 136 500 151 500 Subtotal: $ 569 $ 749 $ 1,450 $ 706 $ 1,400 Total Supplies&Services: $ 21,313 $ 16,895 $ 34,950 $ 14,062 $ 28,900 CAPITAL OUTLAY ALLOWANCE 559010 Capital Equipment Allowance 2,000 2,000 2,000 2,000 2,000 559020 Technology Allowance 4,100 4,100 4,100 4,100 4,100 Total: $ 6,100 $ 6,100 $ 6,100 $ 6,100 $ 6,100 TOTAL DEPARTMENT $ 519,970 $ 532,788 $ 573,963 $ 538,328 $ 626,221 Page 37 Coma unity C?eueloMP \ Y BUILDING INSPECTION OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 350,214 $ 339,768 $ 371,396 $ 365,637 $ 373,360 EMPLOYEE BENEFITS $ 111,712 $ 125,435 $ 134,416 $ 118,918 $ 146,309 SUPPLIES &SERVICES Department Supplies& Expenses 277 1,895 1,200 500 1,000 Conferences& Memberships 2,593 6,074 7,500 4,859 5,000 Contractual Services 76,326 75,255 80,000 78,000 80,000 Equipment Supplies& Maintenance 4,857 2,749 7,500 3,936 6,500 Utility&Communication - - - - - Special Department Administrative 27,161 32,300 45,000 35,000 45,000 Allocated Costs Total Supplies&Services $ 111,214 $ 118,273 $ 141,200 $ 122,295 $ 137,500 CAPITAL OUTLAY EXPENSE $ - $ - $ - $ - $ - CAPITAL OUTLAY ALLOWANCE $ 14,900 $ 14,900 $ 14,900 $ 14,900 $ 14,900 TOTAL EXPENDITURES $ 588,040 $ 598,376 $ 661,912 $ 621,750 $ 672,069 STAFFING LEVEL Positions 4.00 4.00 4.00 4.00 4.00 TOTAL STAFFING 4.00 4.00 4.00 4.00 4.00 Page 38 BUILDING INSPECTION Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SALARY 512700 Building Official 122,837 125,530 129,156 128,893 133,676 512800 Building Inspector 67,442 86,970 93,923 93,794 101,100 512850 Building Permit Technician 64,970 69,410 74,024 68,895 63,654 512900 Building Permit Clerk 46,843 42,556 53,293 50,914 53,930 515100 Overtime 175 275 1,000 55 1,000 517100 Vacation Conversion 2,505 - - 3,086 - 518100 Casual Hire 45,442 15,027 20,000 20,000 20,000 Total: $ 350,214 $ 339,768 $ 371,396 $ 365,637 $ 373,360 EMPLOYEE BENEFITS 521100 Medical&Insurance 37,008 43,863 77,472 48,312 82,368 521200 Employee Accruing Fringe 17,866 15,693 - 14,119 - 522200 PERS-Employer Normal Cost 35,665 21,388 22,891 22,375 25,356 522250 PERS-Unfunded Liability 20,848 25,468 25,468 29,952 522255 PERS-Add'tl Unfunded Liability Pmt. 15,385 - - - 522400 Other Retirement Benefits(GASB 45)1.0% 16,495 3,362 3,504 3,504 3,524 523100 FICA-Medicare 4,678 4,896 5,081 5,140 5,109 Total: $ 111,712 $ 125,435 $ 134,416 $ 118,918 $ 146,309 SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531140 Publications&Subscriptions 277 1,895 1,200 500 1,000 531170 Document Storage - - - - - Subtotal: $ 277 $ 1,895 $ 1,200 $ 500 $ 1,000 CONFERENCES&MEMBERSHIPS 532010 Conferences,Meetings&Travel 105 2,422 1,500 1,000 1,500 532020 Employee Development/Training 2,273 3,437 5,000 2,859 2,500 532040 Memberships 215 215 1,000 1,000 1,000 Subtotal: $ 2,593 $ 6,074 $ 7,500 $ 4,859 $ 5,000 CONTRACTUAL SERVICES 533010 Contractual(Outside Plan Check) 76,326 75,255 80,000 78,000 80,000 Subtotal: $ 76,326 $ 75,255 $ 80,000 $ 78,000 $ 80,000 EQ SUPPLIES&MAINTENANCE 536020 Equipment Maintenance 2,156 616 4,000 2,527 4,000 536050 Fuel&Oil 1,706 1,839 2,000 820 1,000 536250 Vehicle Maintenance 995 294 1,500 1 589 1,500 Subtotal: $ 4,857 $ 2,749 $ 7,500 1 $ 3,936 $ 6,500 Page 39 Community Development BUILDING INSPECTION Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SPECIAL DEPT.ADMINISTRATIVE 538240 Records Management-Outside Scanning 27,161 32,300 45,000 35,000 45,000 Subtotal: $ 27,161 $ 32,300 $ 45,000 $ 35,000 $ 45,000 Total Supplies&Services: $ 111,214 $ 118,273 $ 141,200 $ 122,295 $ 137,500 CAPITAL OUTLAY ALLOWANCE 559010 Capital Equipment Allowance 4,200 4,200 4,200 4,200 4,200 559020 Technology Allowance 10,700 10,700 10,700 10,700 10,700 Total: $ 14,900 $ 14,900 $ 14,900 $ 14,900 $ 14,900 TOTAL DEPARTMENT $ 588,040 $ 598,376 $ 661,912 $ 621,750 $ 672,069 Page 40 Cpment � x , ADVANCE PLANNING OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ - $ - $ - $ - $ - EMPLOYEE BENEFITS $ $ - $ - $ - $ SUPPLIES&SERVICES Department Supplies& Expenses - - - - Conferences& Memberships - - - Contractual Services - - Insurances - - - Intergovernmental &Agency - - - Equipment Supplies& Maintenance - - - Utility&Communication - - - - Special Department Administrative 29,370 33,713 25,000 5,542 20,000 Allocated Costs - - - - - Total Supplies&Services $ 29,370 $ 33,713 $ 25,000 $ 5,542 $ 20,000 CAPITAL OUTLAY EXPENSE $ - $ - $ - $ - $ - CAPITAL OUTLAY ALLOWANCE $ - $ - $ - $ - $ CAPITAL PROJECT EXPENSES $ - $ - $ - $ - $ DEBT SERVICE EXPENSES $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 29,370 $ 33,713 $ 25,000 $ 5,542 $ 20,000 Page 41 Gammun Iy De�eldoment ` 4 ate_ ...._.. . ... ...: _..�... � ADVANCE PLANNING Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SALARY 512210 Advance Planner Total: $ - $ - $ - $ - $ EMPLOYEE BENEFITS 521100 Medical&Insurance 521200 Employee Accruing Fringe 522100 PERS-Employee(7%) 522200 PERS-Town(11.776%) 523100 FICA-Medicare Total: $ $ - $ $ - $ SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531060 Noticing&Publication 531090 Printing&Reproduction Subtotal: $ $ - $ $ $ CONFERENCES&MEMBERSHIPS 532010 Conferences,Meetings&Travel 532040 Memberships Subtotal: $ $ $ $ $ CONTRACTUAL SERVICES 533010 Contractual Services Subtotal: $ $ $ $ $ - SPECIAL DEPT.ADMINISTRATIVE 538220 Housing Element Update 538230 Climate Action Plan 10,000 10,000 538230 General Plan Update(Misc.) 29,370 33,713 15,000 5,542 10,000 Subtotal: $ 29,370 $ 33,713 $ 25,000 $ 5,542 $ 20,000 ALLOCATED COSTS 539010 Insurance-Liability 539020 Insurance-Workers'Compensation Town Hall Facility Subtotal: $ - $ - $ - $ - $ - Total Supplies&Services: $ 29,370 $ 33,713 $ 25,000 $ 5,542 $ 20,000 CAPITAL OUTLAY ALLOWANCE 559010 Capital Equipment Allowance 559020 Technology Allowance Total: $ - $ - $ - $ - $ - TOTAL DEPARTMENT $ 29,370 1 $ 33,713 $ 25,000 $ 5,542 $ 20,000 Page 42 POLICE Police Services Police/EOC Facility The Police Department provides law enforcement services for ensuring the safety of and a high quality of life for the community. To that end, the Department strives to enforce all federal, state and local laws without prejudice, preserve the peace and insure that the citizens and merchants that live and work in our community receive the a,highest level of law enforcement services available. ..,The total proposed appropriation for the Police Department is $3,484,389. Staffing is comprised of 13 sworn personnel, 4 civilian personnel and approximately 4 volunteer and reserve police officers. ;The Department also coordinates with other Town departments, government agencies and has developed a partnership with the community in planning and implementing safe school programs, neighborhood and business awareness, safe pedestrian and traffic flow on our streets and emergency preparedness programs. Community ;oriented policing in Tiburon builds on the understanding that it is the community itself that can best say what it needs from its Police Department and the Police and the community must work together to accomplish jointly set goals through cooperative efforts. While the philosophy of community oriented policing has only recently received an official title, this concept has been in place in the Town of Tiburon since the Department's inception F in 1972, and continues to exists to this date. F i Police Services The Department Services Division includes patrol, administration, support personnel, investigations, training, parking enforcement and crime prevention program. Police/Emergency Operations Center(EOC) Facility "The Police/Emergency Operations Center Facility Division serves as the primary Emergency Operation Center for the entire Tiburon Peninsula. All costs related to maintaining the policy facility which also serves as the primary Emergency Operation Center for the entire Tiburon Peninsula. section. Belvedere contributes 12.5% of the funds needed to maintain this function. Police Department DEPARTMENT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed DEPARTMENT FUNDING General Fund 2,844,614 3,015,313 3,217,049 2,965,794 3,304,389 Police COPS/SLESF Fund 100,000 100,000 125,000 180,000 180,000 Total Department Funding $ 2,944,614 $ 3,115,313 $ 3,342,049 $ 3,145,794 $ 3,484,389 DIVISION FUNDING Police Services General Fund 2,770,872 2,962,056 3,151,517 2,906,628 3,231,889 Police COPS/SLESF Fund 100,000 100,000 125,000 180,000 180,000 Total Police Services $ 2,870,872 $ 3,062,056 $ 3,276,517 $ 3,086,628 $ 3,411,889 Police Facility General Fund 73,742 53,257 65,532 59,166 72,500 Total Facility $ 73,742 $ 53,257 $ 65,532 $ 59,166 $ 72,500 Total Division Funding $ 2,944,614 $ 3,115,313 $ 3,342,049 $ 3,145,794 $ 3,484,389 Page-44 Ponce Department ALL DIVISIONS OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 1,659,648 $ 1,728,688 $ 1,815,096 $ 1,817,972 $ 1,949,660 EMPLOYEE BENEFITS $ 645,575 $ 712,991 $ 805,662 $ 653,206 $ 908,215 SUPPLIES &SERVICES Department Supplies& Expenses 45,530 50,253 53,000 48,016 51,000 Conferences& Memberships 11,605 6,287 9,000 3,588 10,000 Contractual Services 126,682 137,066 144,020 142,378 32,765 Intergovernmental &Agency 180,763 206,889 215,389 231,635 246,399 Equipment Supplies& Maintenance 118,555 121,985 138,432 97,296 116,600 Utility&Communication 65,234 60,570 67,950 61,182 71,250 Special Department Administrative 5,022 4,584 5,000 4,295 10,000 Total Supplies &Services $ 553,391 $ 587,634 $ 632,791 $ 588,390 $ 538,014 CAPITAL OUTLAY ALLOWANCE $ 86,000 $ 86,000 $ 86,000 $ 86,000 $ 86,000 CAPITAL PROJECT EXPENSES $ - $ - $ 2,500 $ 226 $ 2,500 TOTAL EXPENDITURES $ 2,944,614 $ 3,115,313 $ 3,342,049 $ 3,145,794 $ 3,484,389 SOURCE OF FUNDING General Fund 2,844,614 3,015,313 3,217,049 2,965,794 3,304,389 Police COPS/SLESF Fund 100,000 100,000 125,000 180,000 180,000 TOTAL FUNDING $ 2,944,614 $ 3,115,313 $ 3,342,049 $ 3,145,794 $ 3,484,389 STAFFING LEVEL Chief 1.00 1.00 1.00 1.00 1.00 Captain 1.00 1.00 0.50 0.50 - Sergeant 4.00 4.00 4.00 4.00 4.00 Investigator - - - - - PatrolOfficers 7.00 7.00 7.00 7.00 8.00 Police Service Aide 2.00 2.00 3.00 3.00 3.00 Emergency Services Coordinator 1.00 1.00 1.00 1.00 1.00 Secretary 1.00 1.00 - - - TOTAL STAFFING 17.00 17.00 16.50 16.50 17.00 Page-45 Police Department POLICE SERVICES OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 1,659,648 $ 1,728,688 $ 1,815,096 $ 1,817,972 $ 1,949,660 EMPLOYEE BENEFITS $ 645,575 $ 712,991 $ 805,662 $ 653,206 $ 908,215 SUPPLIES&SERVICES Department Supplies& Expenses 45,530 50,253 53,000 48,016 51,000 Conferences& Memberships 11,605 6,287 9,000 3,588 10,000 Contractual Services 126,682 137,066 144,020 142,378 32,765 Intergovernmental &Agency 180,763 206,889 215,389 231,635 246,399 Equipment Supplies& Maintenance 73,097 96,431 101,000 66,065 81,500 Utility&Communication 41,972 37,451 47,350 37,768 46,350 Total Supplies&Services $ 479,649 $ 534,377 $ 569,759 $ 529,450 $ 468,014 CAPITAL OUTLAY ALLOWANCE $ 86,000 $ 86,000 $ 86,000 $ 86,000 $ 86,000 TOTAL EXPENDITURES $ 2,870,872 $ 3,062,056 $ 3,276,517 $ 3,086,628 $ 3,411,889 STAFFING LEVEL Positions 17.00 17.00 16.50 16.50 17.00 TOTAL STAFFING 17.00 17.00 16.50 16.50 17.00 Page-46 Police Department POLICE SERVICES Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SALARY 513100 Police Chief 169,828 173,604 178,439 182,043 190,796 513200 1 Captain - - - - - 513400 Sergeants(4) 398,269 453,881 465,749 434,170 470,570 513500 Patrol Officer(8) 669,486 649,551 668,309 672,640 774,824 513600 Secretary 7,933 - - - - 531650 Emergency Services Coordinator 74,382 77,408 83,542 79,456 86,462 513950 Police Service Aide(3) 121,735 147,737 191,051 189,340 189,548 515100 Overtime 123,461 1 129,942 115,000 116,474 120,000 515200 Overtime(Special Events) 5,766 2,780 15,000 18,903 10,000 516200 Education Incentive Pay 14,829 14,076 14,400 13,300 15,000 516300 Holiday Pay 48,803 49,534 54,356 56,528 59,685 516400 Special Pay 2,529 3.333 2,400 3,388 7,200 516600 Longevity Pay 9,790 10,945 12,450 9,175 11,175 516700 Shift Differential 6,241 9,830 14,400 10,447 14,400 517100 Vacation Conversion 6,596 6,067 - 32,108 - Total: $ 1,659,648 $ 1,728,688 $ 1,815,096 $ 1,817,972 $ 1,949,660 EMPLOYEE BENEFITS 521100 Medical&Insurance 166,584 154,248 336,432 153,734 383,724 521200 Employee Accruing Fringe 28,152 32,541 - 30,141 - 522200 PERS-Employer Normal Cost 290,870 195,928 210,991 196,755 236,309 522250 PERS-Employer Unfunded Liability Pmt. 154,756 188,716 188,369 227,062 522255 PERS-Add'tl Unfunded Liability Pmt. 115,385 - - - 522300 PST-Part-time(3.75%) 2,355 751 - - - 522400 Other Post Employment Benefits(GASB 45) 110,000 17,341 18,151 18,151 19,497 522500 CalPERS Side Fund Repayment - - - - 523100 FICA-Medicare 24,426 25,117 24,434 25,858 26,385 524100 Automobile Allowance 2,400 2,400 2,400 2,400 2,400 524110 Automobile Fast Trak - 75 - - 524300 Medical Allowance 12,838 12,838 12,838 12,838 12,838 525300 Tuition Reimbursement 1,200 1,611 - 1,560 - 526100 Unemployment Insurance 6,750 11,700 23,400 - Total: $ 645,575 $ 712,991 $ 805,662 $ 653,206 $ 908,215 SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531010 Office&Copier Supplies 9,179 11,498 14,000 14,210 14,500 531040 Evidence Supplies 1,689 788 2,000 1,049 1,500 531080 Postage 2,661 2,734 3,000 3,707 4,000 531090 Printing&Reproduction 4,943 4,164 4,000 5,041 5,000 531110 Range&Weapons 6,378 11,537 12,000 12,000 10,000 531120 Recruiting&Investigation 12,221 8.712 5,000 1,835 5,000 531121 Special Investigation 5,768 7,480 10,000 7,174 8,000 531140 Publications&Subscriptions 2,691 3,340 3,000 3,000 3,000 Subtotal: $ 45,530 $ 50,253 $ 53,000 $ 48,016 $ 51,000 Page-47 Police Department' POLICE SERVICES Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed CONFERENCES&MEMBERSHIPS 532010 Conferences,Meetings&Travel 3,016 538 2,000 459 11000 532020 Employee Development/Training - - - - - 532040 Memberships 1,400 1,486 2,500 1,950 2,000 532060 POST-Reimbursed Training 4,721 3,358 2,000 278 5,000 532070 POST-Non Reimbursed Training 1,904 171 2,000 51 1,000 532090 Special Meal Allowance(MOU) 564 734 500 850 1,000 Subtotal: $ 11,605 $ 6,287 $ 9,000 $ 3,588 $ 10,000 CONTRACTUAL SERVICES 533010 Contractual Services(Belvedere Chief) 95,966 109,416 112,248 112,248 - 533080 Records Management System(Tech) 25,066 20,239 23,840 16,026 24,688 533090 Lexipol Policy Manual Maintenance 5,650 5,150 3,025 5,425 - 533200 Systems Support (MDC,CAD Maint) - 2,261 4,907 8,679 8,077 Subtotal: $ 126,682 $ 137,066 $ 144,020 $ 142,378 $ 32,765 INTERGOVERNMENT,AGENCY&JPA 535080 Marin County Jail Booking - - - - - 535090 Marin County Major Crimes Task Force 27,422 28,971 29,938 46,557 49,555 535131 Marin County Dispatch 150,214 171,583 181,951 181,951 193,717 535170 Marin County DA-Prandi Center 3,127 6,335 3,500 3,127 3,127 Subtotal: $ 180,763 $ 206,889 $ 215,389 $ 231,635 $ 246,399 EQ SUPPLIES&MAINTENANCE 536020 1 Equipment Maintenance 1,634 2,126 1,000 3,017 2,000 536050 Fuel&Oil 20,610 22,262 27,000 19,837 22,000 536120 Radar Maintenance - - 500 500 500 536130 Radio Maintenance 974 880 2,000 936 1,000 536210 Safety Equipment 2,655 11,541 15,000 4,304 10,000 536220 Uniform Maintenance 5,039 5,209 6,000 5,263 6,000 536230 1 Uniform Purchase/Replacement 9,902 13,513 7,500 81188 8,000 536240 Vehicle Supplies 495 1,067 1,000 353 1,000 536250 Vehicle Maintenance 20,747 30,766 30,000 15,932 25,000 536270 Safety Equipment(MOU) 573 150 1,000 - 1,000 536320 License Plate Camera Maintenance 10,468 8,917 10,000 7,735 5,000 Subtotal: $ 73,097 $ 96,431 $ 101,000 $ 66,065 $ 81,500 UTILITY&COMMUNICATION 537300 Telecommunication 26,551 20,749 31,000 22,005 30,000 537600 Cable Communication Services 401 750 685 750 537700 MIDAS Internet Connection 15,421 16,301 15,600 15,078 15,600 Subtotal: $ 41,972 $ 37,451 $ 47,350 $ 37,768 $ 46,350 Total Supplies&Services: $ 479,649 $ 534,377 $ 569,759 $ 529,450 $ 468,014 CAPITAL OUTLAY ALLOWANCE 546050 Siren System 559010 Capital Equipment Allowance 75,000 75,000 75,000 75,000 75,000 559020 Technology Allowance 11,000 11,000 11,000 11,000 11,000 Total: $ 86,000 $ 86,000 $ 86,000 $ 86,000 $ 86,000 TOTAL DEPARTMENT 1 $ 2,870,872 $ 3,062,056 $ 3,276,517 1 $ 3,086,628 1 $ 3,411,889 Page-48 Police Department POLICE FACILITY OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SUPPLIES&SERVICES Equipment Supplies& Maintenance 45,458 25,554 37,432 31,231 35,100 Utility&Communication 23,262 23,119 20,600 23,414 24,900 Special Department Administrative 5,022 4,584 5,000 4,295 10,000 Total Supplies&Services $ 73,742 $ 53,257 $ 63,032 $ 58,940 $ 70,000 CAPITAL PROJECT EXPENSES $ - $ - $ 2,500 $ 226 $ 2,500 TOTAL EXPENDITURES $ 73,742 $ 53,257 $ 65,532 $ 59,166 $ 72,500 Page-49 Police Qepartment POLICE FACILITY Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SUPPLIES&SERVICES EQ SUPPLIES&MAINTENANCE 536020 Equipment Maintenance 23,271 4,772 10,000 10,012 10,000 536030 Building/Facility Supplies 8,979 7,620 11,000 6,291 8,000 536050 Fuel&Oil (Generator) - - 500 - 500 536060 Inspection&Testing(Generator) - 242 500 - 500 536070 Janitorial Services 13,000 12,175 13,932 14,153 14,500 536100 Pest Control 208 407 500 575 600 536280 Special Maintenance - 338 1,000 200 1,000 Subtotal: $ 45,458 $ 25,554 $ 37,432 $ 31,231 $ 35,100 UTILITY&COMMUNICATION 537100 Energy-PG&E 21,474 21,692 20,000 22,595 24,000 537200 Water-MMWD 1,788 1,427 600 819 900 Subtotal: $ 23,262 $ 23,119 $ 20,600 $ 23,414 $ 24,900 SPECIAL DEPT.ADMINISTRATIVE 538020 Emergency&Disaster Planning 5,022 4,584 5,000 4,295 51000 543030 Office Furniture/Equipment - 2,000 - 5,000 Subtotal: $ 5,022 $ 4,584 $ 5,000 $ 4,295 $ 10,000 Total Supplies&Services: $ 73,742 $ 53,257 $ 63,032 $ 58,940 $ 70,000 CAPITAL PROJECT EXPENSES 561140 EOC Equipment Upgrades - 2,500 226 2,500 Total: $ - $ - $ 2,500 $ 226 $ 2,500 TOTAL DEPARTMENT $ 73,742 $ 53,257 $ 65,532 $ 59,166 $ 72,500 Page-50 PUBLIC WORKS Y ,t Administration & Engineering Streets Maintenance Parks Maintenance Cypress Hollow Corporation Yard System Street & Signal Light S g g y The Public Works Department is responsible for the construction, maintenance and oversight of the Town's infrastructure and public facilities, including streets and roads, sidewalks, storm drains, park lands, open space lands, street light and signal light system, and Town easements and rights-of-way. The total proposed appropriation for Public Works is$2,054,143, primarily from the General Fund. The Department operates with 9.0 FTE employees. Streets Resurfacing and Drainage Improvement projects, as well as some other projects, are authorized in the Capital Improvement Program budget and are not a cost to ' l the Public Works Department budget. AAdministration &Engineering This division oversees the entire public works operation, providing administrative and engineering oversight for Town's Capital Improvement Program (CIP) projects, processing encroachment permits, and coordinating with Caltrans regarding Tiburon Boulevard traffic operations and modifications. This division is also responsible for identifying, securing and administering grants for capital projects. z< Street Maintenance This Division is responsible for maintenance of the Town's nearly 15 miles of sidewalk and 32 centerline miles of streets. This division also performs preventive maintenance on the Town's storm drainage system,which ' includes over 50 miles of curb&gutter, 13 miles of culverts, 18 miles of v-ditches and over 500 catch basins. i %a Parks Maintenance This Division maintains the Town's ten parks(covering nearly 70 acres) as well as the multi-use path and the a landscaped medians throughout Town. "Cypress Hollow This division provides for maintenance of the lighting, landscape and facilities at the Cypress Hollow park and is f ✓ paid for through a special tax assessment on the parcels located in Cypress Hollow. K; � 3 Corporation Yard S 3 = � NThe Corporation Yard is the Town's garage and workshop. It also provides for storage of maintenance equipment/supplies and engineering project files. �r Street&Signal Light System 4f�` Z I{, This division provides for the operational costs for the Town's 300+ street lights; the Town's contribution toward sf Tiburon Boulevard traffic signal maintenance can be found here. DEPARTMENT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed DEPARTMENT FUNDING General Fund 1,423,237 1,486,612 1,746,669 1,661,872 1,918,775 Gas Tax - - 40,000 21,715 40,000 Measure"A"Parks - - 73,000 73,000 72,368 Cypress Hollow Fund 15,374 17,101 16,500 17,171 23,000 Total Department Funding $ 1,438,611 $ 1,503,713 $ 1,876,169 $ 1,773,758 $ 2,054,143 DIVISION FUNDING Administration&Engineering General Fund 328,910 395,763 455,858 425,622 478,024 Gas Tax 40,000 21,715 40,000 Measure"A"Parks - - 73,000 73,000 72,368 Total Administration&Engineering $ 328,910 $ 395,763 $ 568,858 $ 520,337 $ 590,392 Streets Maintenance General Fund 472,706 437,566 508,259 478,517 536,511 Total Streets Maintenance $ 472,706 $ 437,566 $ 508,259 $ 478,517 $ 536,511 Parks Maintenance General Fund 488,214 518,510 632,172 616,786 761,461 Total Parks Maintenance $ 488,214 $ 518,510 $ 632,172 $ 616,786 $ 761,461 Street&Signal Light Maintenance General Fund 35,547 34,192 34,000 36,092 36,000 Total Street&Signal Liqht Maintenance $ 35,547 $ 34,192 $ 34,000 $ 36,092 $ 36,000 Cypress Hollow Cypress Hollow Fund 15,374 17,101 16,500 17,171 23,000 Total Cypress Hollow $ 15,374 $ 17,101 $ 16,500 $ 17,171 $ 23,000 Corporation Yard General Fund 97,860 100,581 116,380 104,855 106,780 Total Corporation Yard $ 97,860 $ 100,581 $ 116,380 $ 104,855 $ 106,780 Total Division Funding $ 1,438,611 $ 1,503,713 $ 1,876,169 $ 1,773,758 $ 2,054,143 Page-52 pUJ�IC Wfl�kS x ` s ALL DIVISIONS OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 703,241 $ 713,325 $ 770,218 $ 742,492 $ 809,734 EMPLOYEE BENEFITS 272,338 273,327 311,821 273,388 339,379 SUPPLIES &SERVICES Department Supplies& Expenses 4,098 4,569 5,350 5,717 6,450 Conferences& Memberships 4,098 6,792 6,100 4,478 7,700 Contractual Services 126,657 118,137 178,400 167,992 208,400 Intergovernmental&Agency - - - - - Equipment Supplies& Maintenance 182,894 227,432 441,180 393,640 494,280 Utility& Communication 102,685 117,531 115,500 138,451 140,600 Allocated Costs - - - - - Total Supplies&Services 420,432 474,461 746,530 710,278 857,430 CAPITAL OUTLAY EXPENSE - - 5,000 5,000 5,000 CAPITAL OUTLAY ALLOWANCE 42,600 42,600 42,600 42,600 42,600 CAPITAL PROJECT EXPENSES - - - - - TOTAL EXPENDITURES $ 1,438,611 $ 1,503,713 $ 1,876,169 $ 1,773,758 $ 2,054,143 SOURCE OF FUNDING General Fund 1,423,237 1,486,612 1,746,669 1,661,872 1,918,775 Cypress Hollow Fund 15,374 17,101 16,500 17,171 23,000 State Gas Tax Fund - - 40,000 21,715 40,000 Measure"A"Parks - - 73,000 73,000 72,368 TOTAL FUNDING $ 1,438,611 $ 1,503,713 $ 1,876,169 $ 1,773,758 $ 2,054,143 STAFFING LEVEL Public Works Director/Town Engineer 1.00 1.00 1.00 1.00 Associate Engineer - - - - - Engineer Technician 1.00 1.00 1.00 1.00 1.00 Superintendent 1.00 1.00 1.00 1.00 1.00 Senior Maintenance Worker 2.00 2.00 2.00 2.00 2.00 Foreman - - - - - Maintenance Worker II - - - - - Maintenance Worker 1 4.00 4.00 4.00 4.00 4.00 TOTAL STAFFING 8.00 9.00 9.00 9.00 9.00 Page-53 �ub1c W©rks ADMINISTRATION & ENGINEERING OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 216,603 $ 252,502 $ 268,387 $ 260,849 $ 284,752 EMPLOYEE BENEFITS $ 61,691 $ 71,905 $ 84,021 $ 67,680 $ 89,190 SUPPLIES & SERVICES Department Supplies& Expenses 3,106 900 2,250 644 2,250 Conferences& Memberships 1,991 2,537 3,500 464 3,500 Contractual Services 42,819 13,264 17,000 20,000 17,000 Equipment Supplies& Maintenance 100 52,055 191,100 168,100 191,100 Total Supplies&Services $ 48,016 $ 68,756 $ 213,850 $ 189,208 $ 213,850 CAPITAL OUTLAY ALLOWANCE $ 2,600 $ 2,600 $ 2,600 $ 2,600 $ 2,600 TOTAL EXPENDITURES $ 328,910 $ 395,763 $ 568,858 $ 520,337 $ 590,392 STAFFING LEVEL Positions 2.00 2.00 2.00 2.00 2.00 TOTAL STAFFING 2.00 2.00 2.00 2.00 2.00 Page-54 ADMINISTRATION & ENGINEERING Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SALARY 514100 Public Works Director/Town Engineer 146,973 157,602 168,710 166,084 181,584 514900 Engineering Technician 48,177 - - - - 514150 1 Associate Engineer 19,368 94,900 99,677 103,168 517100 Vacation Conversion 1,297 - - 518100 Casual Hire 788 - - Total: $ 216,603 $ 252,502 $ 268,387 !$ 2f60,849 $ 284,752EMPLOYEE BENEFITS 521100 Medical&Insurance 17,249 20,453 38,736 , 41,184 521200 Employee Accruing Fringe 4,800 4,800 - 4,800 - 522100 PERS-Employee(7%) - - - 522200 PERS-Town Normal Cost 22,444 18,476 19,875 19,347 22,453 522250 PERS-Unfunded Liability Payment - 10,424 12,734 12,734 14,976 522550 PERS-Add'tl Unfunded Liability Pmt. 7,692 - - - 522400 Other Retirement Benefits(GASB 45)1.0% 10,410 2,504 2,684 2,684 2,848 523100 FICA-Medicare 3,188 3,656 3,892 3,741 4,129 525300 Tuition Reimbursement - 2,500 - - 524100 Auto Allowance 3,600 3,600 3,600 3,600 3,600 524500 Cell Phone Allowance 300 - - - Total: $ 61,691 $ 71,905 $ 84,021 $ 67,680 $ 89,190 SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531060 Noticing and Publication 2,874 830 2,000 545 2,000 531140 Publications&Subscriptions 232 70 250 99 250 Subtotal: $ 3,106 $ 900 $ 2,250 $ 644 $ 2,250 CONFERENCES&MEMBERSHIPS 532010 Conferences,Meetings&Travel 491 1,083 1,000 287 1,000 532020 Employee Development/Training 1,500 1,090 2,000 177 2,000 532040 Memberships - 364 500 500 Subtotal: $ 1,991 $ 2,537 $ 3,500 $ 464 $ 3,500 CONTRACTUAL SERVICES 533200 Technical Support(Project Software) - - - 533700 Contract-Engineering Services 32,266 13,264 17,000 20,000 17,000 538080 Street Speed Survey 10,553 - - - - Subtotal: $ 42,819 $ 13,264 $ 17,000 $ 20,000 $ 17,000 EQUIP,SUPPLIES&MAINTENANCE 536190 Street Striping $ - $ 8,000 $ $ 8,000 537300 Telecommunication $ 100 $ - $ 100 $ 100 $ 100 536095 Open Space Vegetation Management $ 52,055 $ 93,000 $ 98,000 $ 93,000 536165 Storm Drain Flushing $ - $ 50,000 $ 50,000 $ 50,000 536195 Traffic Calming $ - $ 20,000 $ 20,000 $ 20,000 536185 Curb/Sidewalk Improvements $ 20,000 $ - $ 20,000 Subtotal: $ 100 $ 52,055 $ 191,100 $ 168,100 $ 191,100 Total Supplies&Services: $ 48,016 $ 68,756 $ 213,850 $ 189,208 $ 213,850 CAPITAL OUTLAY ALLOWANCE 559020 Technology Allowance 2,600 2,600 2,600 2,600 2,600 Total: $ 2,600 $ 2,600 $ 2,600 $ 2,600 $ 2,600 TOTAL DEPARTMENT $ 328,910 $ 395,763 $ 568,858 $ 520,337 $ 590,392 Page-55 Public Works �.: STREETS MAINTENANCE OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 297,542 $ 264,946 $ 299,700 $ 288,441 $ 318,104 EMPLOYEE BENEFITS $ 115,126 $ 106,919 $ 129,959 $ 116,569 $ 142,807 SUPPLIES&SERVICES Department Supplies&Expenses $ - $ 102 $ 100 $ 200 $ 200 Conferences&Memberships $ 907 $ 3,555 $ 1,400 $ 3,350 $ 3,000 Equipment Supplies&Maintenance $ 59,131 $ 62,044 $ 72,100 $ 64,957 $ 67,400 Utility&Communication $ - $ - $ - $ - $ - Total Supplies&Services $ 60,038 $ 65,701 $ 73,600 $ 68,507 $ 70,600 CAPITAL OUTLAY EXPENSE $ - $ - $ 5,000 $ 5,000 $ 5,000 TOTAL EXPENDITURES $ 472,706 $ 437,566 $ 508,259 $ 478,517 $ 536,511 STAFFING LEVEL Positions 4.00 4.00 4.00 4.00 4.00 TOTAL STAFFING 4.00 4.00 4.00 4.00 4.00 Page-56 Public Works s zv STREETS MAINTENANCE Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SALARY 514200 Superintendent of Public Works 97,893 44,485 102,946 101,444 103,748 514300 Asst. Superintendent of Pubic Works 19,711 48,333 - - - 514400 Foreman - - - - - 514700 Senior Maintenance Worker 57,403 60,705 65,516 65,996 74,764 514500 Maintenance Worker II (0) - - - - - 514600 Maintenance Worker(2) 107,263 106,851 125,638 116,982 133,992 515100 Overtime 1,635 1,122 2,000 419 2,000 516400 Special Shift Pay 3,450 3,450 3,600 3,600 3,600 517100 Vacation Compensation 10,187 - - - - 518100 Casual Hire - - - - - Total: $ 297,542 $ 264,946 $ 299,700 $ 288,441 $ 318,104 EMPLOYEE BENEFITS 521100 Medical&Insurance 49,844 44,932 77,472 48,190 82,368 521200 Employee Accruing Fringe 13,385 16,431 - 16,421 - 522100 PERS-Employee(7%) - - - - 522200 PERS-Town Normal Cost 32,367 17,184 19,214 18,582 21,631 522250 PERS-Unfunded Liability - 20,848 25,468 25,468 29,952 522400 Other Retirement Benefits(GASB 45) 1.0% 13,783 2,880 2,941 2,941 3,125 523100 FICA-Medicare 4,411 4,044 4,264 4,420 4,531 524100 Auto Allowance 1,336 - - - - 524500 Cell Phone Allowance - 600 547 600 525300 Tuition Reimbursement - 600 - 600 534030 Unemployment Insurance - - - Total: $ 115,126 $ 106,919 $ 129,959 $ 116,569 $ 142,807 SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531140 Publications&Subscriptions - 102 100 200 200 Subtotal: $ - $ 102 $ 100 $ 200 $ 200 CONFERENCES&MEMBERSHIPS 532010 Conferences, Meetings&Travel 55 196 400 1,240 1,000 532020 Employee Development/Training 852 3,359 1,000 2,110 2,000 532040 Memberships - - - - - Subtotal: $ 907 $ 3,555 $ 1,400 $ 3,350 $ 3,000 EQUIP,SUPPLIES&MAINTENANCE 536010 Operating Supplies 226 1,296 1,200 189 600 536020 Equipment Maintenance 346 1,113 500 2,588 1,100 536050 Fuel&Oil 22,752 24,516 25,000 22,218 25,000 536100 Pest Control Downtown 1,250 1,500 1,400 1,500 1,500 536150 Small Tools 862 121 2,500 2,500 2,500 536160 Storm Drain&Culvert Maintenance 11,384 8,439 1 15,000 10,000 10,000 536180 Street Materials&Signs 1 15,497 19,041 1 20,000 20,000 20,000 Page-57 Publ>c Works , 5 STREETS MAINTENANCE Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed 536210 Safety Equipment&Apparel 881 521 1,500 1,584 1,500 536220 Uniform Maintenance Service 4,979 4,337 4,000 3,707 4,000 536230 Uniform Purchase/Replacement - 20 - - - 536270 Safety Equipment(MOU) 954 1,140 1,000 671 1,200 Subtotal: $ 59,131 $ 62,044 $ 72,100 $ 64,957 $ 67,400 Total Supplies&Services: $ 60,038 $ 65,701 $ 73,600 $ 68,507 $ 70,600 OTHER EQUIPMENT 549010 Street Light Pole Replacement - 5,000 5,000 5,000 Total: $ - $ - $ 5,000 $ 5,000 $ 5,000 TOTAL DEPARTMENT $ 472,706 $ 437,566 $ 508,259 $ 478,517 $ 536,511 Page-58 Publrc Works z PARKS MAINTENANCE OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ 189,096 $ 195,877 $ 202,131 $ 193,202 $ 206,878 EMPLOYEE BENEFITS $ 95,521 $ 94,503 $ 97,841 $ 89,139 $ 107,383 SUPPLIES &SERVICES Department Supplies&Expenses - - - - - Conferences& Memberships 1,200 700 1,200 664 1,200 Contractual Services 69,838 90,873 147,400 133,992 177,400 Equipment Supplies& Maintenance 64,860 57,189 102,100 98,572 166,600 Utility&Communication 67,699 79,368 81,500 101,217 102,000 Total Supplies&Services $ 203,597 $ 228,130 $ 332,200 $ 334,445 $ 447,200 TOTAL EXPENDITURES $ 488,214 $ 518,510 $ 632,172 $ 616,786 $ 761,461 STAFFING LEVEL Positions 3.00 3.00 3.00 3.00 3.00 TOTAL STAFFING 3.00 3.00 3.00 3.00 3.00 Page-59 Public Works " r } f at •�, c• ',. Y / PARKS MAINTENANCE Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SALARY 514600 Maintenance Worker (2) 116,783 121,298 125,289 116,398 127,384 514700 Senior Maintenance Worker 71,973 73,779 75,842 75,735 78,494 515100 Overtime 340 800 1,000 - 1,000 517100 Vacation Conversion - - - 1,069 - Total: $ 189,096 $ 195,877 $ 202,131 $ 193,202 $ 206,878 EMPLOYEE BENEFITS 521100 Medical&Insurance 52,593 52,956 58,104 50,365 61,776 521200 Employee Accruing Fringe - - - 391 - 522100 PERS-Employee(7%) - - - - - 522200 PERS-Town Normal Cost 29,957 14,709 15,109 14,541 17,499 522250 PERS-Unfunded Liability - 10,424 19,101 19,101 22,464 522255 PERS-Add'tl Unfunded Liability Pmt. - 11,538 - - - 522400 Other Retirement Benefits(GASB 45) 1.0% 8,983 1,907 2,011 2,011 2,059 523100 FICA-Medicare 2,638 2,767 2,916 2,730 2,985 525300 Tuition Reimbursement - 202 600 - 600 534030 Unemployment Insurance 1,350 - - - Total: $ 95,521 $ 94,503 $ 97,841 $ 89,139 $ 107,383 SUPPLIES&SERVICES CONFERENCES&MEMBERSHIPS 532010 Conferences, Meetings&Travel - - 400 - 400 532020 Employee Development/Training 1,050 410 500 226 500 532040 Memberships 150 290 300 438 300 Subtotal: $ 1,200 $ 700 $ 1,200 $ 664 $ 1,200 CONTRACTUAL SERVICES 533010 Contractual Services(Medians&Restrooms) 34,958 37,349 30,000 30,000 70,000 533010 Contractual Services(Knoll Tree Survey) 10,000 3,500 10,000 533720 Contract-Seasonal Maintenance 46,471 50,000 50,914 50,000 536070 Janitorial Services 2,400 2,400 2,400 536330 ORT Special Maintenance 12,263 15,000 15,000 15,000 533015 Fountain Maintenance 10,354 2,103 5,000 4,001 5,000 536340 Old Rail Trail DG&Pavement Maint. 12,263 4,950 25,000 20,238 25,000 536360 Fountain Plaza Electrical Improvement 5,000 4,972 - 536370 Blackie's Pasture Electrical Panel 5,000 2,967 - Subtotal: $ 69,838 $ 90,873 $ 147,400 $ 133,992 $ 177,400 EQUIP,SUPPLIES&MAINTENANCE 536020 Equipment Maintenance 4,612 1,271 2,000 4,892 3,000 536080 Landscape Grounds&Materials 22,767 21,305 30,000 25,682 30,000 536085 McKegney Green Maintenance 3,218 3,605 10,000 10,000 55,000 536180 Street Materials&Signs 1,310 135 1,600 - 600 536200 Tree Maintenance 29,343 27,220 30,000 30,000 35,000 536200 Tree Maintenance(Knoll Tree Mtce) 25,000 25,000 40,000 536210 Safety Equipment&Apparel 165 3,653 - - - 536220 Uniform Maintenance Service 3,445 3,500 2,998 3,000 Subtotal: $ 64,860 $ 57,189 $ 102,100 $ 98,572 $ 166,600 Page-60 PARKS MAINTENANCE Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed UTILITY&COMMUNICATION 537100 Energy-PG&E 5,401 7,287 6,500 7,093 7,000 537200 Water-MMWD 36,635 47,948 50,000 64,217 95,000 537210 Water-RBSD Reclaimed 25,663 24,133 25,000 29,907 - Subtotal: $ 67,699 $ 79,368 $ 81,500 $ 101,217 $ 102,000 Total Supplies&Services: $ 203,597 $ 228,130 $ 332,200 $ 334,445 $ 447,200 TOTAL DEPARTMENT $ 488,214 $ 518,510 $ 632,172 $ 616,786 $ 761,461 Page-61 CORPORATION YARD OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ - $ - $ - $ - $ - EMPLOYEE BENEFITS $ - $ - $ - $ - $ - SUPPLIES&SERVICES Department Supplies& Expenses 992 3,567 3,000 4,873 4,000 Conferences& Memberships - - - - - Contractual Services - - - Insurances - - - - - Intergovernmental&Agency - - - - - Equipment Supplies& Maintenance 42,672 39,982 58,380 43,840 45,180 Utility&Communication 14,196 17,032 15,000 16,142 17,600 Special Department Administrative - - - - - Allocated Costs - - - - - Total Supplies&Services $ 57,860 $ 60,581 $ 76,380 $ 64,855 $ 66,780 CAPITAL OUTLAY EXPENSE $ - $ - $ - $ - $ - CAPITAL OUTLAY ALLOWANCE $ 40,000 $ 40,000 $ 40,000 $ 40,000 $ 40,000 CAPITAL PROJECT EXPENSES $ - $ - $ - $ - $ - DEBT SERVICE EXPENSES $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 97,860 $ 100,581 $ 116,380 $ 104,855 $ 106,780 Page-62 Public WorKs �,, CORPORATION YARD Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531010 Office&Copier Supplies 798 1,558 1,000 2,520 2,000 531070 Permit/Application Fees 194 2,009 2,000 2,353 2,000 Subtotal: $ 992 $ 3,567 $ 3,000 $ 4,873 $ 4,000 EQUIP,SUPPLIES&MAINTENANCE 536010 Operating Supplies 6,056 3,749 4,500 1,690 4,000 536020 Equipment Maintenance 6,482 2,333 4,500 3,905 4,000 536030 Building/Facility Supplies 51628 3,887 4,500 5,749 4,500 536050 Fuel&Oil 11,660 13,470 13,000 11,387 13,000 536070 Janitorial Services - - 2,580 680 2,580 536100 Pest Control - - 100 100 100 536150 Small Tools/Implements 5,707 6,611 5,000 1,861 5,000 536250 Vehicle Maintenance 4,483 8,001 8,000 10,271 10,000 536290 Facility-Alteration/Improvements 180 634 600 888 800 536300 Rental-Equipment&Tools 2,476 1,297 2,600 - 11200 436380 Corporation Yard Fuel Pump Rebuild 3,000 2,824 - 536390 Material Storage Area 10,000 4,485 - Subtotal: $ 42,672 $ 39,982 $ 58,380 $ 43,840 $ 45,180 UTILITY&COMMUNICATION 537100 Energy-PG&E 4,242 5,170 4,500 3,974 4,500 537200 Water-MMWD 607 830 750 1,168 1,100 537300 Telecommunication 9,347 9,684 9,500 8,408 9,500 537600 Cable Communication Services 1,348 250 2,592 21500 Subtotal: $ 14,196 $ 17,032 $ 15,000 $ 16,142 $ 17,600 Total Supplies&Services: $ 57,860 $ 60,581 $ 76,380 $ 64,855 $ 66,780 559010 Depreciation Allowance 40,000 40,000 40,000 40,000 40,000 Total: $ 40,000 $ 40,000 $ 40,000 $ 40,000 $ 40,000 TOTAL DEPARTMENT $ 97,860 $ 100,581 $ 116,380 $ 104,855 $ 106,780 Page-63 Public Works SEW STREET & SIGNAL LIGHT SYSTEM OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SUPPLIES &SERVICES Equipment Supplies& Maintenance 15,594 13,667 16,000 16,000 16,000 Utility& Communication 19,953 20,525 18,000 20,092 20,000 Total Supplies&Services $ 35,547 $ 34,192 $ 34,000 $ 36,092 $ 36,000 CAPITAL OUTLAY EXPENSE $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 35,547 $ 34,192 $ 34,000 $ 36,092 $ 36,000 Page-64 P b1> tQrks STREET & SIGNAL LIGHT SYSTEM Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated- Proposed SUPPLIES&SERVICES EQUIP SUPPLIES&MAINTENANCE 536170 Street/Signal Light Maint.(Cal/TRANS) 15,594 13,667 16,000 16,000 16,000 Subtotal: $ 15,594 $ 13,667 $ 16,000 $ 16,000 $ 16,000 UTILITY&COMMUNICATION 537100 Energy-PG&E 19,953 20,525 18,000 20,092 20,000 Subtotal: $ 19,953 $ 20,525 $ 18,000 $ 20,092 $ 20,000 Total Supplies&Services: $ 35,547 $ 34,192 $ 34,000 $ 36,092 $ 36,000 CAPITAL OUTLAY ALLOWANCE TOTAL DEPARTMENT $ 35,547 $ 34,192 $ 34,000 $ 36,092 $ 36,000 Page-65 L PubI�Ct7`kS CYPRESS HOLLOW SPECIAL DISTRICT OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SUPPLIES&SERVICES Contractual Services 14,000 14,000 14,000 14,000 14,000 Equipment Supplies& Maintenance 537 2,495 1,500 2,171 8,000 Utility&Communication 837 606 1,000 1,000 1,000 Total Supplies&Services $ 15,374 $ 17,101 $ 16,500 $ 17,171 $ 23,000 CAPITAL PROJECT EXPENSES $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 15,374 $ 17,101 $ 16,500 $ 17,171 $ 23,000 Page-66 CYPRESS HOLLOW SPECIAL DISTRICT Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SUPPLIES&SERVICES CONTRACTUAL SERVICES 533010 Contractual Services(Cost Recovery) 14,000 14,000 14,000 14,000 14,000 Subtotal: $ 14,000 $ 14,000 $ 14,000 $ 14,000 $ 14,000 EQUIP SUPPLIES&MAINTENANCE 536080 Landscape Grounds&Materials 537 2,495 1,500 2,171 8,000 536200 Tree Maintenance - - - Subtotal: $ 537 $ 2,495 $ 1,500 $ 2,171 $ 8,000 UTILITY&COMMUNICATION 537200 Water-MMWD 837 606 1,000 1,000 1,000 Subtotal: $ 837 $ 606 $ 1,000 $ 1,000 $ 1,000 Total Supplies&Services: $ 15,374 $ 17,101 $ 16,500 $ 17,171 $ 23,000 TOTAL DEPARTMENT $ 15,374 $ 17,101 $ 16,500 $ 17,171 $ 23,000 Page-67 NON-DEPARTMENTAL IdInsurances and Joint Power Authorities Low-Moderate Income Housing Town Owned Housing Belvedere-Tiburon Library Agency The non-departmental section of the budget entails those projects and costs that are not part of the regular operations of any specific department. -- Insurances and Joint Power Authorities £ This section includes the appropriations for liability,workers'compensation, and property insurance premiums, ` c�E which are then allocated out to the various operating departments based on risk analysis. The Town is self- T insured for the first$150,000 for each workers' compensation claim and $50,000 for each liability claim. After the deductible is reached the Town is insured for$5 million per occurrence for liability and $2 million for workers' r _ compensation. f F; The Town voluntarily participates in several Joint Power Authorities which provide specialized services that the Town would not be able to provide on its own. The JPAs provide an economy of scale to the Town and to the iii'`b''W f%✓ participating members of each JPA. These services include animal control, cable telecommunications, %i mediation, LAFCO, MERA and storm water run-off services to name a few. 3 Town Owned Housing The Town currently owns six below market rate (BMR)condominium units at the Point Tiburon Marsh complex. � h Proceeds of the rent income and investment earnings support the general maintenance, tax, and homeowners' s � association costs of operating the units. Low-Moderate Income Housing h This section provides for appropriations connected with the Marin Renter's Rebate program and the Marin Housing Authority JPA. This restricted fund receives funding through in-lieu fees paid by developers. } r Tiburon Peninsula Library Agency This section provides for a pass though of property taxes the Town receives on behalf of the Peninsula Library j Agency. �4 Page 68 Noy � PARrETA� rE 1 COMBINING SUMMARY TOTALS 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed DEPARTMENT FUNDING General Fund 833,225 1,052,043 1,413,927 1,313,276 1,540,062 Low/Moderate Income Housing 23,270 23,270 33,033 23,374 23,374 Town Owned Housing 61,035 96,317 87,078 71,576 91,567 Peninsula Library JPA 1,603,870 1,724,508 1,758,545 1,818,000 1,908,900 Total Department Funding $ 2,521,400 $ 2,896,138 $ 3,292,583 $ 3,226,226 $ 3,563,903 Page-69 a j N� Departtne t . N.r..'"�N � - r ALL DIVISIONS OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SALARY&WAGES $ - $ - $ - $ - $ - EMPLOYEE BENEFITS $ 135,056 $ 123,068 $ 360,005 $ 344.774 $ 368,271 SUPPLIES&SERVICES Department Supplies& Expenses 5,027 5,172 5,275 5.174 5,300 Conferences& Memberships - - - - - Contractual Services 21,066 21,024 21,884 21.750 24,350 Insurances 308,780 338,049 349,490 312,236 412,672 Intergovernmental&Agency 2,003,863 2,326,080 2,482,526 2,484,290 2,675,443 Equipment Supplies&Maintenance 45,514 46,026 48,103 50.927 52,567 Allocated Costs - - 300 300 300 Total Supplies&Services $ 2,384,250 $ 2,736,351 $ 2,907,578 $ 2,874.677 $ 3,170,632 CAPITAL OUTLAY EXPENSE $ - $ - $ - $ - $ - CAPITAL OUTLAY ALLOWANCE $ - $ - $ - $ - $ - CAPITAL PROJECT EXPENSES $ 2,094 $ 36,719 $ 25,000 $ 6,775 $ 25,000 DEBT SERVICE EXPENSES $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 2,521,400 $ 2,896,138 $ 3,292,583 $ 3,226,226 $ 3,563,903 SOURCE OF FUNDING General Fund 833,225 1,052,043 1,413,927 1,313,276 1,540,062 Low/Moderate Housing Fund 23,270 23,270 33,033 23.374 23,374 Town Owned Housing 61,035 96,317 87,078 71.576 91,567 Peninsula Library JPA Fund 1,603,870 1,724,508 1,758,545 1,818.000 1,908,900 TOTAL FUNDING $ 2,521,400 $ 2,896,138 $ 3,292,583 $ 3,226,226 $ 3,563,903 Page-70 �t�t'2, )epartmental � \ E � i y �F H4 i h R� ; ...,.[..F.e..a ../.. ..,.n.v!✓.b re .u.... ....� . S f C N✓1�..,. / £ S INSURANCES AND INTER-GOVERNMENTAL AGREEMENTS OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES EMPLOYEE BENEFITS $ 135,056 $ 123;068 $ 360,005 $ 344,774 $ 368,271 SUPPLIES&SERVICES Department Supplies& Expenses - - - - - Conferences& Memberships - - - - - Contractual Services 12,666 12,624 13,484 13,350 15,950 Insurances 308,780 338,049 349,490 312,236 412,672 Intergovernmental&Agency 376,723 578,302 690,948 642,916 743,169 Equipment Supplies&Maintenance - - - - - Utility&Communication - - - - - Special Department Administrative - - - - - Allocated Costs - - - - - Total Supplies&Services $ 698,169 $ 928,975 $ 1,053,922 $ 968,502 $ 1,171,791 CAPITAL OUTLAY $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 833,225 $ 1,052,043 $ 1,413,927 $ 1,313,276 $ 1,540,062 STAFFING LEVEL Positions - - - - - TOTAL STAFFING Page-71 NOn D+f~ artm ;n.A, AS INSURANCES AND INTERGOVERNMENTAL Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EMPLOYEE BENEFITS 521300 Retiree Health Benefits 110,119 123,068 160,005 144,774 168,271 522550 PERS AAUL Extra Payment 24,937 200,000 200,000 200,000 Subtotal: $ 135,056 $ 123,068 $ 360,005 $ 344,774 $ 368,271 SUPPLIES&SERVICES SUPPLIES&EXPENSES CONTRACTUAL SERVICES 533050 Health Benefit Plan Administration 1,863 1,852 2,100 2,100 2,200 533100 Downtown Restroom Lease 10.803 10,772 11,384 11,250 13,750 Subtotal: $ 12,666 $ 12,624 $ 13,484 $ 13,350 $ 15,950 INSURANCE 534010 Liability(ABAG PLAN) 120,103 128,254 134,666 106,516 148,645 534010 Liability(Dairy Knoll) 8,000 8,000 534020 Worker's Compensation(Bay Cities) 163,672 185,400 182,554 180,701 223,770 534030 Property(ABAG PLAN) 9,453 7,075 7,782 8,283 15,300 534040 Public Officials EO(ABAG PLAN) 949 949 1,000 949 1,000 534060 Employment Practices Liability 14,603 16,371 15,488 15,787 15,957 Subtotal: $ 308,780 $ 338,049 $ 349,490 $ 312,236 $ 412,672 INTERGOVERNMENT,AGENCY&JPA 535010 Animal Control JPA 79,924 89,349 97,030 97,029 96,371 535020 Cable Telecommunication JPA-Media Center Cor 17,887 (21) 31,000 31,000 18,000 535030 Chamber of Commerce TOT 5% 31,924 30,696 31,000 30,937 31,500 535035 Destination:Tiburon TOT 5% 28,774 30,696 31,000 30,937 31,500 535040 Transportation Authority of Marin JPA 19,137 19,327 20,697 19,327 19,907 535050 1 MERA Radio Acquisition JPA(Bond) 44,312 44,360 44,334 44,334 44,378 535055 MERA Radio Acquisition JPA(Operating) 40,857 42,591 44,521 43,393 43,584 535060 Emergency Management Planning JPA 4,758 4,758 5,000 4,558 5,000 535070 Hazardous Materials JPA 3,650 2,805 4,000 2,805 4,000 535120 Richardson Bay Regional Agency JPA 26,910 28,910 53,283 53,283 65,000 535140 Stormwater Runoff(MCSTOPP)JPA 29,675 29,756 29,549 35,241 38,765 535150 Street Light Acquisition Dues 195 199 199 199 199 535180 MCCMC Lobbyist&Legislative Support 3,415 3,579 3,608 3,682 3,682 535200 LAFCO 4,445 5,517 6,037 7,548 8,152 535210 Marin Map 9,000 9,000 9,000 9,000 9,000 535220 Marin General Services Authority 7,033 4,816 4,848 4,848 10,240 535270 Cal Fire Contract(Angel Island) 18,979 20,137 20,652 20,652 24,000 535100 Marin Mediation Services 3,848 3,944 2,790 2,790 2,391 535240 ICLEI Contribution 2,000 - 400 - - 535250 1 Marin Clean Energy JPA - 2,000 2,000 2,000 2,500 535300 Yellow School Bus Contribution 205,883 250,000 199,353 285,000 Subtotal: $ 376,723 $ 578,302 $ 690,948 $ 642,916 $ 743,169 TOTAL DEPARTMENT $ 833,225 $ 1,052,043 $ 1,413,927 $ 1,313,276 $ 1,540,062 Page-72 In Qepartmenta ;, WOO', Haus�ngznd NON-DEPARTMENTAL HOUSING OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SUPPLIES&SERVICES Department Supplies& Expenses - - Contractual Services - - - - - Intergovernmental &Agency 23,270 23,270 33,033 23,374 23,374 Equipment Supplies& Maintenance - - - - - Total Supplies&Services $ 23,270 $ 23,270 $ 33,033 $ 23,374 $ 23,374 CAPITAL PROJECT EXPENSES $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 23,270 $ 23,270 $ 33,033 $ 23,374 $ 23,374 STAFFING LEVEL-None Page-73 Noes Departmental Tgwn ©weed Housing Fend _.: _ � __..... ........E ... ._... ..�_. NON-DEPARTMENTAL-HOUSING Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531050 Bank Charges&Fees 531100 Property Tax Payments Subtotal: $ $ $ $ $ CONTRACTUAL SERVICES 533010 Contractual services(Cost Recovery) Subtotal: $ $ $ $ $ - INTERGOVERNMENT,AGENCY&JPA 535230 ' Marin Housing Authority JPA 10,746 10,746 10,746 10,850 10,850 535290 Marin Homelessness Contribution 12,524 12,524 13,287 12,524 12,524 535260 Homeward Bound Contribution - 9,000 - - Subtotal: $ 23,270 $ 23,270 $ 33,033 $ 23,374 $ 23,374 Total Supplies&Services: $ 23,270 $ 23,270 $ 33,033 $ 23,374 $ 23,374 Total: TOTAL DEPARTMENT $ 23,270 $ 23,270 $ 33,033 $ 23,374 $ 23,374 Page-74 i Ncan Deparer�tal ` o�nrr Qw ed'Hosr�g ��xnd. ...... ........: ,.. ._ .. .. ., _.._: NON-DEPARTMENTAL HOUSING OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SUPPLIES &SERVICES Department Supplies& Expenses 5,027 5,172 5,275 5,174 5,300 Conferences& Memberships - - - - - Contractual Services 8,400 8,400 8,400 8,400 8,400 Insurances - - - - - Intergovernmental&Agency - - - - - Equipment Supplies& Maintenance 45,514 46,026 48,103 50,927 52,567 Utility&Communication - - - - - Allocated Costs - - 300 300 300 Total Supplies &Services $ 58,941 $ 59,598 $ 62,078 $ 64,801 $ 66,567 CAPITAL PROJECT EXPENSES $ 2,094 $ 36,719 $ 25,000 $ 6,775 $ 25,000 TOTAL EXPENDITURES $ 61,035 $ 96,317 $ 87,078 $ 71,576 $ 91,567 STAFFING LEVEL None - - - - - TOTAL STAFFING - Page-75 do armeralTorrun tJ +rriQd H©us�n Fund' NON-DEPARTMENTAL-HOUSING Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SUPPLIES&SERVICES DEPARTMENT SUPPLIES&EXPENSES 531100 Property Tax Payments 5,027 5,172 5,275 5,174 51300 Subtotal: $ 5,027 $ 5,172 $ 5,275 $ 5,174 $ 5,300 CONTRACTUAL SERVICES 533010 Contractual services(Cost Recovery) 8,400 8,400 8,400 8,400 8,400 Subtotal: $ 8,400 $ 8,400 $ 8,400 $ 8,400 $ 8,400 EQ SUPPLIES&MAINTENANCE 536110 Property Management(HOA) 45,514 46,026 48,103 50,927 52,567 Subtotal: $ 45,514 $ 46,026 $ 48,103 $ 50,927 $ 52,567 ALLOCATED COSTS 539010 Insurance-Property - 300 300 300 Subtotal: $ - $ - $ 300 $ 300 $ 300 Total Supplies&Services: $ 58,941 $ 59,598 $ 62,078 $ 64,801 $ 66,567 CAPITAL EXPENSES 561140- lFacility Alteration/Improvement -640120 Unit-2 - 14,792 2,500 - 2,500 -640103 Unit-3 981 1,462 2,500 2,500 -640105 Unit-4 41 26 2,500 - 2,500 -640106 Unit6 580 541 2,500 1,700 2,500 -640111 Unit-11 - 1,479 10,000 - 10,000 -640114 Unit-14 - 18,419 2,500 75 2,500 -640118 Unit-18 492 - 2,500 5,000 2,500 Total: $ 2,094 $ 36,719 $ 25,000 $ 6,775 $ 25,000 TOTAL DEPARTMENT $ 61,035 $ 96,317 $ 87,078 $ 71,576 $ 91,567 Page-76 ion Qepartmental F BELVEDERE-TIBURON LIBRARY AGENCY OBJECT SUMMARY 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed EXPENDITURES SUPPLIES & SERVICES Intergovernmental&Agency 1,603,870 1,724,508 1,758,545 1,818,000 1,908,900 Total Supplies&Services $ 1,603,870 $ 1,724,508 $ 1,758,545 $ 1,818,000 $ 1,908,900 TOTAL EXPENDITURES $ 1,603,870 $ 1,724,508 $ 1,758,545 $ 1,818,000 $ 1,908,900 Page-77 (on-D.e #a "artmenl fi FF ` p t BELVEDERE-TIBURON LIBRARY AGENCY Acct No. Account Description 2015/16 2016/17 2017/18 2017/18 2018/19 Actual Actual Adopted Estimated Proposed SUPPLIES&SERVICES INTERGOVERNMENT,AGENCY&JPA Payment to Library Agency(Property Tax 535900 proceeds) 1,603,870 1,724,508 1,758,545 1,818,000 1,908,900 Subtotal: $ 1,603,870 $ 1,724,508 $ 1,758,545 $ 1,818,000 $ 1,908,900 Total Supplies&Services: $ 1,603,870 $ 1,724,508 $ 1,758,545 $ 1,818,000 $ 1,908,900 TOTAL DEPARTMENT $ 1,603,870 $ 1,724,508 $ 1,758,545 $ 1,818,000 $ 1,908,900 Page-78 CAPITAL OUTLAY & ALLOWANCE Planned Capital Outlay Purchases Planned Technology Outlay Purchases Depreciation Allowance Schedule Total proposed Department capital outlay purchases equal $128,000. This amount is$5,800 greater than the proposed total Depreciation Allowance charged to the Departments. Periodically the depreciation allowance is more than the planned purchases and excess funds are held in the Reserve for years when the allowance is less than the proposed purchases. There are sufficient funds to cover the planned purchases, which include ;heavy equipment for the maintenance of McKegney Green and the purchase of electric vehicles to replace vehicles in the Public Works and Community Development fleet that are near their ten-year replacement date. Total proposed Department technology outlay purchases equal $205,320. This amount is approximtely $150,920 more than the total amount of revenues anticipated for the Technology Fund. Operating Departments are charged a "Depreciation Allowance"that is paid from the Operating Fund to the General Fund Capital Equipment Replacement Reserve and the Technology Reserve. The Depreciation ' :.Allowance represents an estimate of the annual amount that Departments are to be assessed in order to fund future equipment purchases. Planned Department Capital Outlay purchases are made from the Capital Equipment Replacement Reserve. CAPITAL. OUTLAY Fiscal Year 20'18-19 Planned Capital Outlay Purchases TOWN ADMINISTRATION 0 Total Town Administration $ COMMUNITY DEVELOPMENT New Electric Vehicle to Replace Planning Division Honda Civic 35,000 Total Community Development $ 35,000 POLICE 0 Total Police $ PUBLIC WORKS Landscape Utiliy Tractor 48,000 Flail Mower Attachment 6,000 Walk-behind Aerator 5,000 Truck-mounted Paint Sprayer 5,000 Wayfinding Signs 4,000 Electric Utility Vehicle 25,000 Total Public Works $ 93,000 Total Planned Capital Outlay Purchases: $ 128,000 Page-80 CAPITAL OUTLAY Fiscal Year 2018-19 Planned Technology Outlay Purchases TOWN ADMINISTRATION Miscellaneous Computer Parts(8) 2,000 Desktop Computer Replacement(2) 3,000 Laserfiche Annual Maintenance&Licenses 5,500 Licenses(Unidata. Progressive,Granicus, CivicPlus,Antispam) 15,500 Microsoft Office 360 License 4,200 Financial Accounting Software-Annual Maintenance 8,600 Tyler Incode Software-Fixed Asset and ESS Module Implementation 7,500 Battery Back up for Server 1,500 Total Town Administration 47,800 COMMUNITY DEVELOPMENT Miscellaneous Computer Parts(8) 2,000 Desktop Computer Replacements(2) 3,000 CRW Trak-It System Modifications and Upgrades 35,000 CRW VoiceTrak Implementation 11,250 CRW Trak-It Annual Maintenance(e-Trak, Permit-Trak,VoiceTrak modules) 28,700 Total Community Development 79,950 POLICE Miscellaneous Computer Parts(10) 2,500 Desktop Computer Replacements(6) 9,000 License Plate Camera Software Support 3,600 EOC Laptops 8,000 Phone System Upgrade 30,000 Total Police 53,100 PUBLIC WORKS Miscellaneous Computer Parts(5) 1,250 Desktop Computer Replacements(1) 1,500 Maintenance Scheduling Software-Annual Fee 9,220 Maintenance Scheduling Software-Implementation 7,500 Phone System Upgrade 5,000 Total Public Works 24,470 Total Planned Capital Outlay Purchases: 205,320 Page-81 Prograin: CAPITAL IMPROVEMENT PLAN Schedules: Overview of Project Funding Street Improvements Drainage Improvements Community Development Improvements The Town's total proposed Capital Improvement Plan is funded with a blend of general fund and restricted fund resources,grants. The total planned improvements for FY 2018/19 are$8,029,074 as described below. Streets Improvements The Town's regular street maintenance program is funded primarily with State Gas Tax,General Fund Streets&Drainage and Tiburon Street Impact funds.The Gas Tax Fund receives approximately $225,000 annually and the Street Impact Fund is expected to receive$425,000 in Fiscal Year 2018/19. A total of$1,710,819 is allocated for planned street improvements in Fiscal Year 2018/19. Of this amount,$1,565,819 is carried over from the FY 2017/18 Budget. Drainage Improvements Current and proposed Drainage Improvements are funded primarily with resources of the General Fund Streets&Drainage Reserve and the Drainage Impact Fund.A total of$1,156,500 is allocated for planned drainage improvements and maintenance in Fiscal Year 2018/19,all of which is carried over from the FY 2017/18 Budget. Community Development Improvements The Town will undertake$5,161,755 in community projects through the FY 2018/19 Capital Improvement Program. Of this amount$2,725,000 is carried over from the FY 2017/18 Budget. New projects in the FY 2018/19 Capital Improvement Plan include Hawthorne Drive and Virginia Drive undergrouding. The Town is also beginning to examine its shore facilities,including replacement of the ferry dock piles and repairs to Elephant Rock and the Main Street seawall. t n � t �"' � PX � t".0 ai/✓'�'/'" T P s"`<,, - � ie`xi4`" ��z w" �sr, � 4 4��St � �yec �x re: � ��Z � �z,TMx CAPITAL PROJECTS FUNDING - ALL CATEGORIES Planned Capital Projects Funding GF Streets&Drainage Reserve 1,126,500 Gas Tax Fund 190,755 RMRA Funding 53,693 GF Park Development Fund 1,565,000 Street Impact Fund 1,582,126 Drainage Impact Fund 30,000 GF Infrastructure&Facilities 754,000 GF Unallocated 500,000 GF Corporation Yard 30,000 Special Assessment 1,683,000 Private Donations 400,000 Meaure"A"Transportation 114,000 Technology Fund 0 Measure"A"Open Space 0 Grant Funding - Street Frontage Improvement Fund - Total Funding 8,029,074 Capital Projects Funding Plan for 2018/19 $8,029,074 Private Donations 5.0% Meaure"A"Transportation Special Assessment 1.4% 21.0% I GF Corporation Yard 0.4% GF Streets&Drainage Reserve � 14.0 Gas Tax Fund 2.4% I GF Park Development Fund RMRA Funding 19.5% 0.7% Street Impact Fund 19.7% Page-83 .a..#w....�.r�.,✓,-i./,...,,,,,,., ,/..r,.i�,i�.u<a,,;�/ri-0,tio,io�ioi��.r��G{i..,,.r u�� �'��kw�.ev"`�a�c.�ls%:< J...�1.?.-an��i�\„�\r al��a......>��.....�:r�.Er.<��ita�'k'Gd�sw�i/r.'%lf/3,/�,<ff,,:,.,v,.moi/�,;,n�vueincf ��,Gk ,✓�ti..�e Overview of Streets Project Funding Planned Streets Projects Funding Gas Tax Fund $ 75,000 RMRA Funding $ 53,693 Street Impact Fund $ 1,582,126 Grant Funding - Total Funding: $ 1,710,819 .............................. ......... .... .......... ....... . ... ..................... Projects Funding Plan for 2018/19 $1,710,000 Gas Tax Fund RMRA Funding 4.4% 3.1% a as ✓///f �° v�v� /a 4 a �<�' ,fir' /i/// Street Impact Fund 92.5 Page-84 Street Improvement Projects A 0 Streets Resurfacing&Improvement Annual Pavement Management Program Construction Carry-over RMRA:$53,693 1,395,819 Street Impact Fund:$1,342,126 Paving Hawthorne Undergrounding District Per Town Policy New Street Impact Fund 47,000 Slurry Seal Virginia Construction(Per Town Policy) New Street Impact Fund 8,000 Main Street Seawall Design(Per Town Policy) New Gas Tax 30,000 Contingency Provision Emergency,Non-Scheduled Funded Annually Street Impact Fund 45,000 LED Street Lights Construction Carry-over State Gas Tax Reserve 30,000 2020 Paradise Drive Foundation Improvements Carry-over Street Impact Fund 140,000 Stewart Drive Study Traffic Study New Gas Tax 15,000 Total Proposed Streets Projects $ 1,710,819 Page-85 6Fu9^ .. , �.-..<e�.,v. ....�a\,�.:laa�,.. w,��,�.,i��r,�.,�.✓�.��"a,�s��l.��,`�K,.,,��-�...�.t,2��Z\� rc.:.::,,\\, .,�;�\ �r:��»., .su�:�e,�„z���a,�a .s�\�„W,.,',�.. ..�,,.e,�.,.��.�.,,�-r� Overview of Drainage Project Funding Planned Drainage Project Funding Drainage Impact Fund $ 30,000 GF Streets&Drainage 1,126,500 Total Funding: $ 1,156,500 ........ . .................................... ... ..................................... .. ................ i Projects Funding Plan for 2018/19 $1,156,500 GF Streets&Drainage 97.4 i 1 n � Drainage Impact Fund 2.6% L___, _.._._._ ._.._...____ _.._._._...._.. __.___..... Page-86 Drainage Improvement Projects Annual Drainage Improvements Repair storm drain pipes:.Construction phase Carry-over General Fund Streets&Drainage 1.000,000 Beach Road Drainage Pre-design and construction Carry-over General Fund Streets&Drainage 126.500 Culvert Old Rail Trail at San Rafael Avenue Old Rail Trail at San Rafael Avenue:Design phase Carry-over Drainage Impact Fund 30.000 Total Proposed Drainage Projects $ 1,156,500 Page-87 •` /?��n��s .�":�sa �,... ,'F'�,>,..,. ,.,i fr l'ez ;s �,�`-� < - � � ��.,�,.P`'^��� i �-�'/iy�.�/'�fi�'r�/n .sF`,r uis,�':, r?.;,i� .:..,�c O'1�L' £tt'��r0 1`�Xi'1 ,�:� `���t� :��� w, �� ��w,/N`: � ��.•<��,;�:/tet o i,5; v�r/� +F3Si.��: t't�l`,',w��}'$��; Overview of Community Project Funding Planned Community Development Project Funding General Fund Park Development $ 1,565,000 General Fund Infrastructure&Facilities 754,000 General Fund Unallocated 500,000 General Fund Corporation Yard 30,000 Gas Tax 115,755 Special Assessment 1,683,000 Private Donations 400,000 General Fund Drainage Reserve - Technology Fund - Measure"A"Transportation 114,000 Measure"A"Open Space - Street Frontage Improvement Fund - Total Funding: $ 5,161,755 Projects Funding Plan for FY 2018/19 $5,184,205 i E Special Assessment 33.3% Private Donations 7.9% General Fund Park yrs {�• Gs'ekz\ a Development �1�i a �xjF M 31.0% i �i✓ sirs Gas Tax 2.3% General Fund Cor oration ' ` p General Fund Yard nfrastructure&Facilities 0.6% General Fund Unallocated i 9.9% 14.9 I ._ _-_—.--- .......-_.... . .--------,------- ._---.._---.-------- -------_._� Page-88 Community & Miscellaneous Projects Miscellaneous Projects Hawthorne Undergrounding General Design Carry-over General Fund Unallocated 500,000 Benefit Virginia Undergrounding Construction and related activities New Special Assessment 1,683,000 Accessibility Ferry Dock Pile Replacement Construction New Measure A Transportation:$114,000 180,000 Gas Tax:$66,000 IF Buildings&Facilities Police Department-EOC Flooring Replace flooring New General Fund Infrastructure 39,000 Police Department -EOC Painting Paint interior New General Fund Infrastructure 5,000 Solar Array Police Department Carry-over General Fund Infrastructure 260,000 Public Works Corporation Yard Design Scoping Study New General Fund Corp Yard 30,000 Park Facilities Elephant Rock Design New General Fund Infrastructure 170,000 Shoreline Park Pathway Lights Design&Construction New General Fund Infrastructure 180,000 Blackie's Pasture Storage Building Construction New General Fund Infrastructure 100,000 McKegney Green [Field Improvements Carry-over General Fund Parks$1,565,000; 1,965,000 Private Donations$400,000 Downtown Program Street Frontage Improvements New Morning Cafe Project Carry-over Gas Tax 49,755 Total Proposed Projects $ 5,161,755 Page-89 Anticipated Anticipated Anticipated Anticipated Anticipated FY 2018/19 FY 2019/20 FY 2020/21 FY 2021/22 FY 2022/23 Street Improvements Annual Pavement Management Program 1,395,819 1,300,000 Paving Hawthorne Undergrounding District 47,000 500,000 Slurry Virginia Undergrounding District 8,000 100,000 Paradise Drive Foundation 140,000 Main Street Seawall 30,000 100,000 600,000 LED Streetlights 30,000 Crosswalk at Cecilia 45,000 Class 2 Buffered Bike Lane Tiburon Blvd 20,000 100,000 Contingency Provision 45,000 45,000 45,000 45,000 45,000 Mar West Roundabout&associated improvements 100,000 400,000 Stewart Drive Study 15,000 ` ,m_.. _ Stretlmpro�rements... ,$ 10 OSI_\ 15104 545,flDD` _. �. Drainage Improvements Annual Drainage Improvements 1,000,000 100,000 500,000 Beach Road Drainage 126,500 1,250,000 Storm Drain Master Plan 250,000 Culvert ORT @ San Rafael Ave. 30,000 125,000 ., �� mF.r���.., �`�,,.:_,_` ,,.��� .Q�a�n��e�tt��ro���� t����.��3���,�t�J�,..,. �,����z�� ;w,,���1fl���?���,5�� ►OQr�3.,.,__`���2�D�DD Community Improvements Miscellaneous Rail Road Marsh Maintenance 30,000 150,000 Hawthorne Undergrounding General Benefit 500,000 Hawthorne Undergrounding 11,846,006 Virginia Undergrounding 1,683,000 Accessibility Ferry Dock Pile Replacement 180,000 Buildings/Facilities Solar Array 260,000 EOC Flooring 39,000 EOC Painting 5,000 Town Hall HVAC Replacement 30,000 260,000 Public Works Corp Yard Design 30,000 300,000 Public Works Corp Yard(New) 3,200,000 Park Facilities McKegney/Blackie's Storage Area 100,000 Elephant Rock 170,000 800,000 McKegney Green 1,965,000 Pathway Lights 180,000 Downtown Program Street Frontage Improvements New Morning Cafe 49,755 230,000 y0l ?pr>?y m ,,,,. � 71-ML 3 7N + � 3 � .119', :: > .. Ot,ALSFj 9as, LYP 0U0 Page-90 �t WI /rz ilfr N Project Name Street Paving Project Number Category Project Rank Score 0 Department Public Works Start Date Aug-17 End Date Oct-18 Description Pavement Maintenance. This is paving done every two years. This project will overlay a number , of roadways in Tiburon. The list of roadways is shown on page 2. This is part of the commitment made by Council to fund roadways to increase the Pavement Condition Index (PCI) in Tiburon. / F .. ^4 Vy , Status :` Contract awarded, construction to start in June 2018. As this project is active the funding below reflects expenditures from previous years. s r Net Impact on Operating Budget No effect on operating budget Estimated Proiect Costs Funding Preliminary YC�`�S:�C'vcifi>ft>.F`.,`Sa� Source of Funds 11 20_17-18 2018-19 2019-20 2020-21 2021-22 = Project Total Design 108,000 nd , , 50,126Street Impact Fu , Acquisition Costs SB-153,693 53,693 Construction 1,395,819 0 Other TOTAL 108 0005, 1,395,8192 0 0t 01 1,503,819 Total Cost 1,503,819 91 Description (continued) NOTES LAS LOMAS LANE from MAR WEST to END APOLLO ROAD from MERCURY to MERCURY BEACH ROAD from MARSH to MAR WEST JUNO ROAD from MERCURY to VENUS BLACKFIELD DRIVE from 1075 FT N/O VIA SAN FERNANDO to END PLACE MOULIN from SUGARLOAF to END HEATHCLIFF DRIVE from SUGARLOAF to END VIA SAN FERNANDO from BLACKFIELD to PASEO MIRASOL UPPER CECILIA WAY from CECILIA to CUL DE SAC VIA SAN FERNANDO from PASEO MIRASOL to PASEO MIRASOL HACIENDA DRIVE from TRESTLE GLEN to 300 FT E/O ACACIA Proiect Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 92 Project Name Hawthorne Undergrounding Resurfacing Project Number Category Project Rank Score 0 Department Public Works Start Date End Date Description Because of the extensive trenching required as part of the proposed Hawthorne undergrounding11,1181~0110may. project, a significant portion of the street will require restoration. Depending on the trench restoration requirements and existing street pavement width, one-third to one-half of the totals � surface area of the street may require resurfacing. This presents an opportunity for the Town tor, resurface the entire street by contributing the cost difference between patching, and fully resurfacing the street, particularly those streets which are identified by the Pavement Management F , Program (PMP) for an overlay within 5 years of the undergrounding. Current policy provides that Town-maintained streets with a Pavement Condition Index (PCI) of 70 or greater will receive a slurry seal fully funded solely by the Town. This would include Hilary, Palmer Ct and the upper parts of Rock Hill. Current policy also provides that projects on the CIP list will receive an overlay. 111101 01:1� ,,.. This includes Hawthorne and the lower part of Rock Hill. Streets with a PCI of 20 or less are paid for solely by the Town. That would include part of Hawthorne. The remainder of the street segments are on a cost share basis where the trench restoration costs are put toward the overlay, .Status .� If the Hawthorne project progresses, this work will be designed as part of the project. 'aT i ✓s✓5` �#t '. t'aim' � �. F S xwr�„�,w Net Impact on Operating Budget � �� a None Estimated Proiect Costs Funding Preliminary '.'YfgX�"CE3."Qn�.aES4�n'" (:.} ^�" 'hH✓,Y%.!/T/�S• YE"i�^'&Ys .F'65R�N.l,GYAldIr.JY/�i�• Y.E�kpRu"t�.'�• ,1:.49dxd2YG➢lDLYTG%Y?//2iJ' c'Y.c�'SStQ'3�`�hY .«.>.m........ ,,.. Source of Funds 1 2018-19 1 2019-20 2020-21 2021-22 2022-23 Project Total Acquisition Costs Street Impact Fund 47,000, 322,561 a 369,561 Design 47,000 SB-1 177,4391' 177,439 Construction 500,000 0 Other TOTAL 47,000 500,000 0 0� 0:' 547,000 Total Cost 547,000 93 Description (continued) NOTES Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise. Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy. Water, etc.) (1) 0 Total 0 MENEM MEMO 94 f9 7' Project Name Virginia Undergrounding Resurfacing Project Number Category Project Rank Score 0 Department Public Works Start Date End Date Description Because of the extensive trenching required as part of the proposed Virginia undergrounding project, a significant portion of the street will require restoration. Current policy provides that Town-maintained streets with a Pavement Condition Index (PCI) of 70 or greater will receive ate - slurry seal fully funded solely by the Town. This would include Virginia Status This work will be designed as part of the project. dd k sP Net Impact on Operating Budget / None Estimated Project Costs Funding Preliminary Source of Funds 2018-19 2019-20 2020-21 2021-22 j 2022-23 ' Project Total Acquisition Costs .,r._ ..,..-.,� .. . „ .�� Street Impact Fund 8,000; 100,000"" 108,000 Design 8,000 Construction 100,000 0 Other TOTAL 8,000 100,000; 0 Oa 0, 108,000 Total Cost 108,000 95 Description (continued) NOTES Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise. Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total p um 96 Project Name Paradise Drive Retaining Wall Project Number Category Project Rank Score Tier 3 .'. Department Public Works 4l; Start Date TBD JEnd Date I TBD Description About 2007 suspected problems were discovered in the retaining wall near#2002 Paradise Drive ' In 2008, borings were done on the road to look for suspected problems. A design was completed in 2009 and included drilling and installing "soil nails" in the slope embankment, installing drainage facilities, and applying a shotcrete wall over the embankment to stabilize the slope. The estimated ; S cost of this work was $65,000. The property owner would not allow the Town to encroach on his property so the Town could not complete the work. The Town requested a proposal from Miller Pacific utilizing a CIDH (cast-in drilled-hole) solution , that could be implemented without needing adjacent property encroachment. This proposal was not executed by the Town. Status Project is currently on hold. Net Impact on Operating Budget None Estimated Proiect Costs Funding Preliminary Source of Funds 2017-18 ' 2018-19 2019-20 2020-21 2021-22 Project Total Acquisition Costs Gas Tax 140,0001 140,0 00 Design 30,000 0 Construction 110,000 0 Other M , TOTAL 140,000, 0 0: 0 0140,0001 Total Cost 140,000 97 Description (continued) NOTES In 2014 Miller Pacific updated the cost for a soil nail wall to $112,000. The cost for a CIDH solution was estimated at $102,000 with the condition that the existing dead man anchors in Paradise Drive would need to be located and avoided in the construction of the CIDH retaining wall. This option would need design. This project has been on the project list for a nearly a decade. It was put on the list because it was felt that it was a potential long term safety problem, yet the project has not received permission to move forward. It was originally delayed because of site access problems. An alternative design to avoid these access problems was not funded even though it would be a lower cost construction project. If there is a need for this project it should be done. If there is not a need, it should be removed from the project list. Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 98 Project Name Main Street Seawall Project Number Category Project Rank Score 0 Department Public Works � Start Date TBD End Date TBDt.W Description The seawall at Main Street has deteriorating concrete and exposed rebar and structuraly � flanges. This seawall holds up the sidewalk and part of Main Street. Maintenance is =� needed to assure the continued structural capacity of the seawall. NO Status _ gAv Conceptual stage. The project would begin with an evaluation by a structural engineer. ' k , Net Impact on Operating Budget �'..r None Estimated Project Costs FuIndinq Preliminary 30,000 Source of Funds 2018-19 2019-20 2020-21 , 2021-22 2022-23 Project Total Acquisition Costs Gas Tax 30 000; 100,0001, 600,0001 730,000 Design 100,000 Const ruction 600,000 0 Other TOTAL 30,000 100,000 600,000 '""" 0 0 730,000 Total Cost 730,000 99 Description (continued) NOTES Project Criteria Rankinq Sea Level Rise Criteria Score Weighted This project will be affected by sea level rise Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total o -------------- 100 s � " � • o z fi x, Project Name LED Streetlights Project Number Category Project Rank Score Department Public Works Start Date JEnd Date I TBD �y�' / Description The LED streetlight project replaces 129 HPS cobra head streetlights with LED streetlights. This ` will save electrical costs and maintenance costs and reduce greenhouse gas emissions. The 51 lights provide better visibility to drivers and will increase safety. t Y�Wq� e „ 4 +n Status A test of streetlights of two colors and two brightness levels is currently underway on Blackfield �a Drive and Mar West. Net Impact on Operating Budget No impact Estimated Project Costs Funding Preliminary Source of Funds 2017-18 ! 2018-19 2019-20 j 2020-21 ,° 2021-22 Project Total Acquisition Costs Gas Tax 3,7291, 30,0001 1 33,729 Design Construction 33,729 0 Other TOTAL 3,7298 30,0001. 0 0 33,729 Total Cost 33,729 101 NOTES 4 V,� 4 . _Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 102 Project Name Contingency Provision - Pothole Repairs Project Number Category Project Rank Score 'T�er 1 Department Public Works Start Date TBD End Date Jun-17 Description This project is used to fix minor pothole repairs. It is necessary to keep roadways serviceable between major repairs. �a -M° r �_- Status Funded annually as a minor project Net Impact on Operating Budget None Estimated Project Costs Funding Preliminary L/: /Ji/.Y//.:.R'.�&�dCdG:,tfC +5.::+:.�.iD+.�fk'a4/'.DY/.n :{.�,; .'^. '�F G%Y.!6i//d.x .vR.Q"u,Y> T�"'✓33.L'64/",/rYYk�" �� L'R d., _S_ource of Funds 2018-191 2019-20 1, 2020-21 a 2021-22 1 2022-23 Project Total Acquisition Costs Street Impact Fund 1 45,0001 45,000; 45,000 45,0001 45,000" 225,000 Design 0 Construction 45,000 0 Other TOTAL 45,00M 45,000, 45,0001 45,0001 45,0001 225,000 Total Cost 45,000 103 Description (continued) NOTES Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total o 104 Project Name Stewart Drive and Tiburon Blvd Intersection Project Number Category Project Rank Score 0 Department Public Works Start Date I End Date Description The Intersection of Stewart Drive and Tiburon Blvd has been a source of complaints from local residents since the 1970s. Early analysis indicated that the only fix is to regrade the roadway to reduce vertical and horizontal curves and increase sight distance. There was a Caltrans project to do this, but the project was rejected by the Town in 1978. Later there were discussions regarding a signalized intersection. The intersection does not warrant a signal and there were concerns regarding increased rear-end accidents should one be put in. Later the Town pressed for a lighted crossing. This was not warranted, but Caltrans agreed to put one in if the Town paid part of the cost. This was completed in 2011. Since that time, residents believe there has been an increase in rear-end accidents. Accident data indicates there may be a small increase depending on the years selected for the analaysis, but such an increase does not appear to be statistically significant. This project would study design and construct a new "fix", as yet to be determined, to address neighborhood concerns. The first step in this project is an engineering study to analyze Status The Town has a proposal for a Traffic Engineering study. Construction costs are not known as the scope of any future project is not known. Net Impact on Operating Budget None Estimated Proiect Costs Funding Preliminary 15,000 Source of Funds 2018-19 2019-20 2020-21 2021-22 2022-23 ( Project Total Acquisition Costs Gas Tax 15 000 15,000 Design Construction 0 Other TOTAL 15,000 0 0 0 0 15,000 Total Cost 15,000 Description (continued) NOTES 105 Proiect Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 106 y, Project Name Storm Drain Replacement Project Project Number Category Project Rank Score Tier I... Department Public Works Start Date Jan-18 End Date Oct-18 Description \, The 2017 Storm Drain Replacement Project consists of repair or replacement of storm ' drain pipes. The purpose of the construction is to replace or repair damaged and worn p�p p p p p 9 storm drain lines and bringthose lines u to an appropriate ca acit pcapacity, preferably the 25- year storm capacity. All the pipes are worn CMP and all of them have at least one hole in them. A list is provided in the continuation sheet. Status Construction has begun. As this project is active the funding below reflects expenditures from previous years. Net Impact on Operating Budget Repairing these now could avoid damage to roadways. Estimated Project Costs Funding Preliminary .m.✓.,s:,;,,c ..../ci,,;r,,;.rv.«r s..nrsm� ., s.,.,s..:.: i✓., arm!r .....,.:;<-. -:....i mia�,�^,+ �..:.,y.,?:%�za�an rai:H.w� ,. Source of Funds 2017-18 2018-19 2019-20 2020-21 2021-22 y Project Total Acquisition Costs GF Streets & Drainage" 110,000 1,000,000 1,110,000 Design 110,000 0 Construction 1,000,000 mh.... . 0 Other TOTAL 110,000 1,000,000 0 1 0 0 j 1,110,000 Total Cost 1,110,000 107 Description (Table) NOTES Existing Est Length Inspection Road Nodes NameDiameter (ft) Report Belveron B Watershed Trestle Glen 301-153 BV301 80 24 2016 East End 5 Watershed Paradise 19-20 EE5-19 33 15 2016 East End 5 Watershed Paradise& 20-565 EE5-20 65 10 none East End 5 Watershed Paradise 278-19 EE5-278 125 12 2012 East End 5 Watershed Paradise 278-19 EE5-278 125 12 2012 East End 5 Watershed Paradise 278-278a EE5-278 125 12 2012 Old Landing; I Watershe Hacienda Dr 308-307 01-308 247 15 2016 Rock Hill A Watershed Hawthorne 656-249 RHA656 55 24 2016 Mar West-Racoon Lagoon Vie 77-76 RC77 51 1 2016 Old Landing I Watershei Hacienda Dr 310-308 OL310 365 12 2016 Rock Hill B Watershed Hawthorne 229-230 RHB229 39 12 2016 Rock Hill B Watershed Hawthorne 247-245 RHB247 42 15 2016 Rock Hill B Watershed Rock Hill 252-209 RHB252 237 20 2012 Seafirth Seafirth Lan 291-160 SE291 129 12 2016 Seafirth Seafirth Lan 793-795 SE793 120 18 2016 Paradise Paradise MM5.18 MM5.18 55 12 2016 Paradise Paradise MM5.21 MM5.21 55 18 2016 Paradise Paradise MM5.27 MM5.27 55 18 2016 Proiect Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 108 Project Name Beach Road Drainage Project Number Category Project Rank Score Tier 1 Department Public Works Start Date TBD JEnd Date TBD Description V_ � The intersection of Beach Road and Tiburon Blvd. in the Town of Tiburon (Town) has been burdened with regular flooding including up to one foot of water and debris. The flooding is compounded when heavy prolonged rainfall coincides with extreme high tides. This project would reduce or eliminate flooding in the 10 year rain event. Status Pre-design is ongoing. As this project is active the funding below reflects expenditures from previous years. µ Net Impact on Operating Budget Increase due to cost of maintaining and operating pumps. Estimated Proiect Costs F u n d i n q Preliminary 66,000 -�.-S?+."�x'4F�r�4`0ve1"� kk� ......e.: ,(Gi/ _Source of Funds 2017-18 2018-19 ,5' 20_1_9_20 2020 21 v 2021-22 Project Total Acquisition Costs a GF Streets & Drainages 33,000 123,000 1,250,OOOi, 1,406,000 Design 90,000 � 0 Construction 1,250,000 0 Other TOTAL 33,0001 123,000, 1,25o'000 0 0 1,406,000 Total Cost 1,406,000 109 Description (continued) NOTES Proiect Criteria Ranking Sea Level Rise Criteria Score Weighted This project will be affected by sea level rise. The Score consultant will be looking at this as part of the Removes/Reduces Threats to Health & Safety (4) 0 study. Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 110 11111, 118,01 1111111i�, g Project Name Old Rail Trail Culvert Replacement Project Number Category Project Rank Score Tier Department Public Works Start Date TBD JEnd Date TBD � ,e: Description The culvert under the Old Rail Trail carries a 5-year storm event and has minor damage that needs repair. It is part of a system that includes a channel across private property and a culvert in the City of Belvedere. Both of these other elements carry less water than the culvert in Tiburon under the Old Rail Trail. Flooding of roadways occurs in heavy rain event. A 100 year event in 2014 caused minor flooding to three residences. Belvedere wishes to increase the capacity of the system. arc, h Status A pre-design study has been done. It seems that it may be difficult to enlarge the channel in the downstream private property. The Town may need a release and/or indemnification to enlarge our culvert. " Net Impact on Operating Budget Estimated Project Costs Funding Preliminary �:.^z 'ns � -�aas��,csai xsr>�i>i/irrium.�zr ..+.xamru. Source of Funds 2018-19 2019-20 2020-21 1, 2021-22 2022-23 3 Project Total Acquisition Costs GF Streets & Drainage 30,000 125,000 ` 155,000 Design 30,000 0 Construction 125,000 -�.„. Y p Other TOTAL 30,000 125,000 0 0 0 155,000 Total Cost 155,000 Description (continued) NOTES 111 /G r / J t'F Y� 'cy / t. Proiect Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise. Score The downstream area will flood in a 200 cm rise Removes/Reduces Threats to Health & Safety (4) 0 scenario, which could affect flows. Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total y 0 112 Project Name Hawthorne Undergrounding Project Number Category Project Rank Score X17. , Department Public Works Start Date JEnd Date ' / � r Description Property owners on portions of Rock Hill Drive, Hawthorne Drive, Hillary Drive, Hillary Court, Mara F ✓ / Vista Court, Del Mar Drive, Palmer Court and Tiburon Boulevard have filed petitions to form a utility undergrounding district. The project undergrounds utility poles and lines on these roads and '° along the Old Rail Trail. The Town has agreed to pay up to $500,000 towards this project. .,!�$/r.✓'�/ru✓.,..�„�1�'�rTi�aSL .�0�/�i/�n�.��`` ,.uW.i�, 1� 6 \Y\.\3.., t, Status The project is in design. As this project is active the funding below reflects expenditures from . previous years. Net Impact on Operating Budget None Estimated Proiect Costs Funding Preliminary 151,000 Source of Funds 2017-18 1~2018-19 2019-20 2020-21 2021-22 Project Total Acquisition Costs GeneralyFundj,' 500,000 500,000 Design 500,000 Assessments x 151,000; 11,159,007 f 11,310,007 Construction 9,028,275 _ 0 Other 2,130,732 TOTAL 051,000, 500,000; 11,159,0071 01 0. 11,810,007 ITotal Cost 12,346,006 113 Description (continued) NOTES • " • ,-,x" HASNMCRhT tASX£CR(JtfD . ' i _'-"••: ltSI:.K:T FF.)t}.TMSY F r _ w. - h w a m, r L � - r F — 1 g AfYtleWa, pm Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise. Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 ming 114 Project Name Virginia Undergrounding Project Number Category Project Rank Score 0 Department Public Works Start Date IlEnd Date I Description Property owners on Virginia Drive have filed petitions to form a utility undergrounding district. The project undergrounds utility poles and lines on Virginia Drive. The estimated cost of this project is wy , about $1,683,000. 'H ami ate•: �ac � .� Status The project is currently in design. As this project is active the funding below reflects expenditures form previous years. Net Impact on Operating Budget None Estimated Proiect Costs Funding Preliminary 109,000 �G"•'3ixa"'T%p4 a*"S&'1 :CK�v /H/d//H/ .SS�Y�' `�"e'"ate'" -' .�7H'.�Y9'.',5� Source of Funds 2017-18 2018-19 2019-20 k 2020-21 2021-22 Project Total Acquisition Costs M„c Design 141,927 Assessments 11 109,000- 1,574,0001 1,683,000 Construction 912,151 E0 Other 519,922 TOTAL 109,000 0: 1,574,000, 01, 0 1,683,000 Total Cost 1,683,000 115 Description (continued) NOTES a i J ' f B+ 'ENAYA ORNIE STEWAr^I ORtV6 . �..;.. i 16 I ,b W H �isuROW aov{-ENARD ....__„ -_..-.-..._ ..,,..- -._.. GRAPHIC SCALE Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise. Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total p 116 Project Name Ferry Dock Pile Replacement Project Number Category Project Rank Score Tier 1 Department Public Works r Start Date TBD JEnd Date Description When completing the ferry dock redocking project, staff discovered pile deterioration. This deterioration is severe, with as much as an 80% loss in section in some piles. This is a project to ' fix the piles. � aw 'r�hs4 yaa 7 4 Status Design is currently underway. As this project is active the funding below reflects expenditures form previous years. Net Impact on Operating Budget None Estimated Project Costs Funding Preliminary ••z"Y./,�%�ti',"bii//✓',/:%iY%i:'%Y.Y/////,ti✓',:✓�dYb�YRYFF�.CC«'aFM•• HLG/.Y/,/,Y�/v/'d�:FN:`<C'...• .<GW.,////,%�/�J%�3�3'i.��/r.2?Alifi#6.f�i5,'�S'fiC.. Cd'+.JdZ..��'JS*'f'r.",Yz".si9..nN/kY/,i%i%ird',f'S�%/"n:%%'i Source of Funds 2017-18 s 2018-19 2019-20 11 2020-21 1 2021-22 € Project Total Acquisition Costs General Fund 42,000 66 OOOh 108,000 Design 42,000 �.r xN „ Measure A Roads 114,000; 114,000 Construction 180,000 .,_..0Other ��.,u...�u �ti mn,,,,,,,,rm.»ri TOTAL 42,OOO � 1801000 0° 0 011' �� 222,000 Total Cost 222,000 Description (continued) NOTES 117 0 S3 11" 11/27 a' L 1p. I S3 3x DF SLOMNG 6x4x3/8 i CLIP { ix %1 I 1 1/2`TIP SPLICE P4 I I L L- APPLY 3 COATS --+ LEG BOLTS OF WOW PRESERVATIVE T4 RELD CUT PILE L x12 0+ CAF'. I 4M 'V ES 1`0 DRIFT PLM OFFSET 1"4 THRU TO CLEAR THRU BOLTS 4 BOLT 8"x2'-6"x3/4" HDG PL - APPLY 1 COAT OF EPDXY PAINT MiER RMALLATION. I Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise as Score the piles themselves are already under water. Removes/Reduces Threats to Health & Safety (4) 0 However, the entire dock at least in the lower area Required by Legal Mandate (3) 0 will need to be reconstructed when water levels Avoid Consequences of Deferred Maintenance (2) 0 rise. Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 118 ----------- Project Name Solar on Police Station Project Number Category Project Rank Score Department Public Works Start Date TBD JEnd Date Description This project will put a solar array on a new plarking structure in front of the Police Station. The 46.5kW photovoltaic system will supply 72% of the Police Station energy and reduce electric costs by $18,512 (91%) per year. The project is estimated to have an 11 vear payback. - - -- - .. _.. .. ... ..._. -_ :..-. _ 3 � TOWN OF TIBURON-POLICE STATION FRONT VIEW Status Design is currently underway. As this project is active the funding below reflects expenditures from previous years. Net Impact on Operating Budget None Estimated Project Costs _ FundingPreliminary :"raY:.Fb'RlC.."AL'F.SI.,«haa aaa4.4..LbR..0. ✓' F'vCkC4(:1(F . ... ........ NNl6WVGvdur ./.S.i/•o.../."'9,"TY 5.: .":FCR"d F...,.smiew^wX,.T€i.SWd.aaWIUY...i./.;-A6'+ Source of Funds 2017-18 w2018-19 p 2019-20 a 2020-21 i, 2021-22 ^Project Total Acquisition Costs General Fund 3,625 260,000;. 263,625 Design 3,625 0 Construction 260,000 0 Other TOTAL 3,625 260,000; 0, 00 0 263, JTotal Cost 263,625 Description (continued) NOTES 119 II .ac. .rC xx -�rCf ,��.•". - vu �. �. : ChTx ..._ 11 iilI 1 I f —•a_ "– J y ,(G y)V/RO /y/gym( 57+ M,} ISi rU?QF I6 I'M �.t.£.=23,2v Y I•F7EFiFR�[e'GF r4 D 104 PROPOSED SITE PLAN M �Foun�xariowarra .P if�f 111 JJ�` r _ 3 � I J � Ste'' sg d f t R`t'Sx'4r e �� ^' 7 i 3 �'7✓lJk4 `> 15' .. �4 ;4 ..rrv,.,. k f _ � �"�' ,f2:RU:cs'�.-�r»^,u .5 SPAS�L' SPAIN'.`. arae;a � LJ n?<n Tr r I nea,r.�e txr .a.,za sr ft Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise. Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 120 Project Name Public Works Corp Yard Project Number Category Project Rank Score Tier,1 Department Public Works Start Date TBD End Date TBD Description , The Public Works Corporation yard is on the site of the former Hilarita Dairy, and stills utilizes the Dairy residence originally built in 1939. In 1969, the Town of Tiburon signed a � £ t� lease agreement with the Reed Union School District to establish a joint corporation yard , � for use by the town and the school district. In 1979 the town acquired parcel containing the corporation and from the school district. The 1939 era residence was converted to an ..,; p Y � office and garage/workshop. Town hall was replaced in 1997 and the Police Department Building shortly thereafter. However, the plans to reconstruct the Public Works Corporation Yard stalled. l Status ,.. t ; a Net Impact on Operating Budget , y, Estimated Proiect Costs Funding Preliminary 30,000 - .,.m,r6'1n'.: _ .v� x,.+ s e ...,3s' �SdT,,..,:^:.....^.;:;..!.%;�<, 1.,.F.✓,..��.IA�+.Yx.v..�%M Source of Funds 2018-19 2019-20 2020-21 1 2021-22 12022-23 Project Total Acquisition Costs GF Corp Yard �•a 30,000' 300,000 3,200,000` 3,530,000 Design 300,000 j 0 Construction 3,200,000 0 Other TOTAL 30,0001! 300,000 3,200,000; 0 0 3,530,000 Total Cost 3,530,000 121 Description (continued) NOTES A topographic survey was completed in 2001. A June 2003 report from ABAG noted that, "The Corporation Yard building, constructed in 1940 is an old on-story dairy that has been raised to allow a second floor to be built underneath.... And should undergo a structural evaluation as soon as feasible for it may be a collapse hazard. If this building houses essential government functions it may need to be replaced." In 2004 there were discussions and searches for an alternative site and discussions of a master plan. It appears these were never completed. In 2007 an RFP for a new Corp Yard Design was sent out. Proposals were received in January 2008. In September 2008 BSA Architects was hired to provide conceptual designs at a cost of $40,000, significantly less than the original proposal. BSA completed the Corporation Yard Master Plan and Concept Design in January 2009. The proposed size of the preferred option was; • Operation building — 3,670 SF • Maintenance Building 3,210 SF • Covered Storage 5,640 SF. A presentation was given to the Council sub-committee. The project was deemed too expensive and put on hold. Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 122 Project Name McKegney Playfield Facilities Storage Area Project Number Category Project Rank Score Department Public Works Start Date End Date TBD � S Description The McKegney field project will require the purchase of equipment that can only be used on McKegney Green. Therefore, it makes sense to create a storage area nearby to store this f equipment. The proposed project consists of concrete block building to match the existing finish of the adjacent bathrooms. The building would be about 20 to 30 feet long and 12 to 20 feet wide with an 8 foot roll-up door and a single 3 foot door. The work will include a concrete slab floor ander a / minor electrical for lighting and outlets. The exterior may include planting, sidewalk and possibly a r driveway. The basic building kit is available on California GSA contract, similar to how the Blackies Pasture restrooms were done. 3 Status Not started Net Impact on Operating Budget No impact Estimated Project Costs Funding Preliminary Source of Funds 1 2018-19 2019-20 2020-21 1 2021 22 I, 2022-23 Project Total Acquisition Costs GF Facilities I 100,000 100,000 Design F 0 Construction 100,000 I 0 Other TOTAL i 100,0001 011 0 0 010, 100,000 Total Cost 100,000 123 NOTES Proiect Criteria Ranking Sea Level Rise Criteria Score Weighted This project could be affected by a sea level rise Score of 500 cm. Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total �` 0 124 s 17 Project Name Elephant Rock Project Number Category Project Rank Score Department Public Works Start Date End Date Descriptions a The pier at Elephant Rock was built in 1961. In 1985, after 24 years of use, it was declared structurally unsafe. The pier was then rehabilitated in 1986. During rehabilitation, additional rY a problems were found and a change order was issued to correct these problems. On December 11, 1995, the pier was damaged in a storm. Efforts to rebuild began in 1996, with an estimated cost of ,kz � $80,000. The project took significantly longer to design, permit and fund than originally projected Construction started in January 1999 with an award price of$145,000, well above the original $80,000 estimate. By 2004, corrosion had affected the new handrails and surrounding concrete. Rough estimates to replace the handrails and repair the concrete ranged from $55,000 to $105,000 (construction costs). Given this cost, the decision was made to instead paint the existing handrails and repair the concrete. This project was completed in 2006 for $36,000. It has now - been 17 years since the last major rehabilitation (70% of the original lifespan, before the original pier was declared structurally unsafe). Some elements of the standing structure date back to the f , 1986 rehabilitation, such as the timber piles beneath the walkway. These elements are now 30 s StatusNf/ � An initial investigation has been done by a structural engineera a f Net Impact on Operating Budget Estimated Proiect Costs Funding Preliminary 40,000 )Xki%X�%/�//!d Source of Funds 2018-19 2019-20 2020-21 2021-22 2022-23 Project Total Acquisition Costs General Fund 170,0001 800,0001 1, 970,000 Design 130,000 Construction 800,000 0 Other ww..0 TOTAL ( 170,000800,000 � 01 01 M 970,000 Total Cost 970,000 125 Description (continued) NOTES A preliminary structural evaluation was completed in 2016. The following aspects were observed which in time could be a hazard if there is continued use of the structure.. • Deteriorating wood members; especially the posts supported by concrete footing. • Corroding post and beam brackets. • Corroding fasteners. • Cantilevered tube steel and supported bracket with extensive corrosion. • Improper joist hangers for skewed conditions and improper protective finish. • Spalling concrete with exposed reinforcing steel at the rock formation. Proiect Criteria Ranking Sea Level Rise Criteria Score Weighted This project will be affected by sea level rise. The Score Town should consider whether it wants to try to Removes/Reduces Threats to Health & Safety (4) 0 maintain the facility or remove it. As the rock has Required by Legal Mandate (3) 0 a certain elevation it is impractical to raise the Avoid Consequences of Deferred Maintenance (2) 0 structure. Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 ORION 126 ®® r OEM Project Name McKegney Green Play Field Project Number Category Project Rank Score Tr,1 Department Public Works End Date Start Date Started TBD ,,,`• v� 4' y,+l� i�i iii��� i, i Description ' The McKegney Green Playfield Project is a 135,000 square foot, 9-inch-deep sand based field with potable water. It replaces the existing 75,000 square foot field which is over 40 years old and , in poor condition. The larger sand based area is needed because the existing soil in the areas outside the existing sand based field are so poor that they cannot be successfully amended and •, x� used for sports. � � fra x: Status Construction is started. As this project is active; the funding below reflects expenditures from previous years. Net Impact on Operating Budget $45,000 per year increase in maintenance and water over existing maintenance. Cost to resod every 10 years, about $10,000 annually. Estimated Proiect Costs Funding Preliminary xUtY'i. -.�.,..N Mw„m.,, ^'.••,,• 4S[HIXFAe �5W////AR//A//riY "5•T&`l+PR'JU ,Y�6& 4"ff'&d&3&lG�®✓00/.�/9% �rs�S,lrli. m Source of Funds 1 2017-12018-119 2019-20 2020-21 2021-22 " Project Total Acquisition Costs GF Parks 192130 11,565,000 1,657,130 Design 92,130 Private Donations 400,000 400,000 Construction 1,653,850 a� .p_ Other 387,000 TOTAL 92,130 X1,965,000 0 0 0 2,057,130 Total Cost 2,132,980 Description (continued) NOTES 127 1 � _ � a��i�y > � "rt`�+..,--r"ksj,�,mo'.'w ..rw a a //✓i,✓a'S '"; r�° py Z9 �'.7T9tupgall- 611 1f1'—,-v"X/ $ r e ,• u�nrrc��a s r� atic.rit�N _ _T,, f'ER PROPOSED REVISED SCOPE t .... ...a, i,M,T OF 12,ShNp SEvTu--'3 r PER ORIG?P-IAL SOOPE. Y_XISTING TURF TO REMA€� ro-• : tT CY�XdSTItaO yANO RASF0 F:ILL rnGwitR;�trEFt` 4. �.: raEWTURF ON ex¢STI,�c SntL .•. NEW SAND 8ASED TURF Proiect Criteria Ranking Sea Level Rise Criteria Score Weighted This project will not be affected by sea level rise. Score Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 128 ilMs Project Name Shoreline Parks Lighting Project Number Category Project Rank Score Tier 1 '� Department Public Works Start Date TBD JEnd Date I TBD Description There are 45 bronze lights embedded in concrete that run along the Shoreline Park walking path adjacent to Paradise Drive. The lights are fed by a metered power source on the Donahue Building. In the past, the lights operated on several dedicated circuits because of the length of wire run, but now the lights operate on only one or two circuits because the wiring in some of the original circuits degraded and all of the lights were wired together on one circuit to make them operational. The original lights installed in 1985 have been replaced once but when the current brass lights were installed, the existing plastic underground conduits were kept. On an increasingly frequent basis, the lights have malfunctioned and required extensive repairs. These issues have ranged from electrical shorts, burned wires, insulation falling off wires, and faulty fixtures. Unfortunately, there is no way to easily pull replacement wire through the existing conduits Status Not yet started Net Impact on Operating Budget Slight decrease as existing system is becoming difficult and expensive to maintain Estimated Project Costs Funding Preliminary -%m�"Yati�t��%zUri➢b"•u�J���En%Y/%%, .Fm''?ktU^..'�.A`Li:�r.35..✓ 74C•i��Ttl.fAR F"F'1� .•.••......^ww'aw"/5'�"Yr%%//%u'�D �tA$. •• "4.�Y4" A'"S%l,eE'."%%%N^!!l9//,.C///.Xf//!q" Source of Funds 2018-19 2019-20 2020-21 202 1-22 2022-23 Pr6fojct Total Acquisition Costs General Fund 180,000? 180,000 Design 20,000 rze ....x„ � a 0 Construction 160,000 0 Other TOTAL 180,000 0 0 0 0 180,000 JTotal Cost 180,000 Description (continued) NOTES 129 There are three options for addressing these problems: 1. Keep the existing bronze fixtures, repair the conduits and install new wiring. Estimated cost $115,000. Scope of work to include: a. Excavation around and under each fixture b. Replacement of the flexible conduit sections at each light with rigid plastic conduit sweeps c. Installation of new wiring (includes breaking the wiring run into several circuits) d. Rebuild the light fixtures 2. Keep the existing bronze fixtures, install all new conduits and wiring. Estimated cost $130,000 Scope of work to include: a. Excavation around and under each fixture b. Trenching and replacement of all underground conduits c. Installation of new wiring (includes breaking the wiring run into several circuits) d. Rebuild the light fixtures 3. Replace the existing bronze fixtures, install all new conduits and wiring. Estimated cost $180,000. Scope of work to include.- a. nclude:a. Demolition and removal of all fixtures b. Trenching and installation of new underground conduits c. Installation of new wiring (includes breaking the wiring run into several circuits) Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project could be affected by a sea level rise of Score 200 cm. Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 MEW 130 F Project Name New Morning Cafe Frontage Project Number Category Project Rank Score f e ..... Department Public Works Start Date Dec-17 JEnd Date I TBD Description � a <: 4 The New Morning Cafe Frontage Project consists of removal of existing concrete pavement and : ` appurtenances and constructing a new concrete sidewalk. The purpose of the construction is to provide a wider path of travel for pedestrians.The adjacent building, known as the New Morning77 _...... Cafe, is in the process of being redesigned.The owners of the building own a portion of the sidewalk area in front of the building, the property line extends about 7'-8" from the face of the ; building. This area will be used for outside seating. Approximately 3'-5" from this property line, the existing concrete area is raised and currently contains street furniture including benches and trash receptacles. This creates a very compressed area for pedestrians to pass.This project would �y r remove the raised area and provide a wider path of travel. Benches would be removed. Ideally Eli there would be room for a trash receptacle or two and perhaps a narrow planter or two. � � 4 � %'oy� , ti Status _ Design was started and then stopped when the building owner stopped work on the building design. It now appears that the building design ismoving forward again. As this project is active the funding below reflects expenditures from previous years. Net Impact on Operating Budget No impact Estimated Project Costs Funding Preliminary Source of Funds 2017-18 2018-19 2019-20 ' 2020-21 1, 2021-22 ;✓Project Total Acquisition Costs General Fund 12,925 49,7551 62,680 �aDesign 62,680 Private/Public 230,000 - 230,000 Construction 230,000 Other TOTAL 12,925, 49,755 230,OOOz 0 0' 292,680 Total Cost 292,680 131 NOTES There are a few challenges in this design: 1. Part of the project area is in the Caltrans right of way. Coordination and approval by Caltrans for the project must be incorporated into the design effort. 2. The remainder of the area is on private property. While the property owner is a partner in the project, it is likely Caltrans will want to see some form of agreement allowing the construction. 3. Construction of the project should occur during construction of the building, creating potential conflicts and requiring contractor coordination. 4. There are existing utility boxes at the corner of Tiburon Blvd and Juanita Lane. 5. Currently, the paved area slopes away from the building to the raised area. The raised area slopes toward the building. There is a parking drive lane on the other side of the raised area. The interface between the raised area and the parking drive lane is a 6-inch curb and gutter. Drainage inlets are in the gutter pan. Given the existing elevations, it may be challenging to achieve proper drainage slopes and interface between the driving area and the new sidewalk. 6. There are two water meter boxes, a PG&E box and an AT&T vault located roughly in the position of new curb ramp. Project Criteria Ranking Sea Level Rise Criteria Score Weighted This project could be affected by a sea level rise Score of 100 cm. Removes/Reduces Threats to Health & Safety (4) 0 Required by Legal Mandate (3) 0 Avoid Consequences of Deferred Maintenance (2) 0 Large Functional Benefit to Residents/Town Businesses (2) 0 Large Aesthetic Benefit to Residents (1) 0 Dedicated or Non-GF source of funding available (1) 0 Effect of Project on Operating Costs (Energy, Water, etc.) (1) 0 Total 0 132 Program: DEBT SERVICE PROGRAM m Schedules: Bond Issue Information Principal, Interest & Fiscal Fees Commentary: The Town's Debt Service Program is comprised of a consolidated municipal bond associated with the financing of public improvements in specific neighborhood, subdivision or development areas. Such issues have generally included 1915 Act, Mello-Roos Community Facilities Act, and Marks-Roos Local Bond Pooling Act bonds. '�s� .z(�Y<'l✓1cy .R"Y .'eX �e'"z za`.,r,_�iJ.,�� .. �". z '4,.."`.V4 L. tc,`o� �esva�ai�.�zax waC Principal, Interest & Fees • I f 0 f 2016 Consolidated Reassessment District 294,191 352,280 646,471 Total Debt Service: $ 294,191 $ 352,280 $ $ 646,471 Em 2016 Consolidated Reassessment District-Dated August 25,2016. Amount$9,889,321 with an interest range of.75%to 3.5%. Term 2016 to 2040. The bond was issued to refinance several assessment bonds to reduce payments to property owners. The refinanced bonds include the Del Mar Valley Undergrounding Assessement District, 2010 Del Mar Valley Supplemental Assessment District, Lyford Cove Undergrounding Assessment District, Main Street Assessment District,and Stewart Drive Undergrounding Assessment District. Page- 134 ,., tawt� �C..�.��..okz,;,a' „� s ss, ,.x....:. „/if�s�,rm���a�,` .P,:z.,xi ,�,.A�..'a ��.� .��.,,.��� •.,..�.,a. �...�.�.�i�a 7�h.�,rzu�€a\�� ,�i..�\� Bond Issue Information 2016 Consolidated 2016 Consolidated Reassessment District-Dated August 25,2016. Amount$9,889,321 Reassessment District with an interest range of.75%to 3.5%. Term 2016 to 2040. The bond was issued to refinance several assessment bonds to reduce payments to property owners. The refinanced bonds include the Del Mar Valley Undergrounding Assessement District, 2010 Del Mar Valley Supplemental Assessment District, Lyford Cove Undergrounding Assessment District, Main Street Assessment District, and Stewart Drive Undergrounding Assessment District. Page- 135 Section SUPPLEMENTAL INFORMATION Schedules: Population, Tax Rate & Indebtedness Assessed Value of Property Assessor's Tax Roll Parcel Data Staff Positions 136 Assessed Value of Property 1991 513,803,322 579,753,663 910,956 (20,015,563) $ 1,074,452,378 11.7% 1992 550,9747479 633,661,850 960,511 (20,382,515) $ 1,165,214,325 8.4% 1993 580,036,634 685,964,198 767,891 (20,038,790) $ ; " 1,246,729,933 7.0% 1994 607,025,342 717,542,008 693,717 (21,702,817) $ 1,303,558,250 : 4.6% 1995 632,679,605 751,381,562 793,189 (22,003,337) $ 1,362,851,019 4.5% 1996 662,009,290 794,222,148 856,475 (23,131,360) $ ', 11433,956,553 '' 5.2% 1997 709,708,290 830,039,705 439,623 (32,804,037) $ 1,507,383,581 : 5.1% 1998 768,658,271 886,685,487 752,144 (34,489,632) $ ' 1,621,606,2701 7.6% 1999 851,060,826 952,604,769 668,114 (36,381,893) $ 1,7671951,816 9.0% 2000 983,203,674 1,042,445,017 687,260 (37,928,443) $'," 1,988,407,508"'+ 12.5% 2001 1,136,860,012 1,142,045,841 480,811 (36,993,288) $. ;2,242,393,376 12.8% 2002 1,237,267,545 1,223,991,571 520,673 (38,234,059) ;$ '" 2,423,545,730 8.1% 2003 1,341,460,513 1,297,041,856 704,006 (39,277,601) $. 2,599,928;774 `; 7.3% 2004 1,449,203,886 1,366,238,078 676,266 , (28,193,704) 2,787,924,526"`- 7.2% 2005 1,607,302,317 1,453,572,748 642,894 (46,438,387) $ 3,015,0791572 8.1% 2006 1,763,414,311 1,559,587,235 687,936 (46,777,350) $ 3,276,912,132 8.7% 2007 1,890,794,244 1,651,068,179 736,286 (15,579,200) 7.6% 2008 2,031,517,663 1,760,127,679 1,084,650 (47,953,926) $:! 3,744,776;066`= 6.2% 2009 2,093,406,131 1,836,636,003 4,933,773 (49,308,259) $1 3-885,667,648, 3.8% 2010 2,035,208,969 1,812,129,624 4,659,876 (48,887,108) $`ti" 3,$0311;361;;^: -2.1% 2011 2,069,090,894 1,851,327,620 4,377,679 (57,846,502) $; 3,866,449,691 1.7% 2012 2,116,679,985 1,893,908,155 4,478,366 (59,176,972) $, 3,955,$89,534 2.3% 2013 2,192,029,753 1,953,851,145 1,999,655 (60,583,319) $"� 41©$7,297,`1341 3.3% 2014 2,304,779,555 2,066,907,583 5,308,617 (60,164,047) $ 4,316,831,708 5.6% 2015 2,564,572,545 2,219,244,471 4,643,185 (60,652,395) 5 . x',4,727,$07;806 9.5% 2016 2,734,875,260 2,344,504,943 3,921,636 (62,308,812) $, x,020,993,027 j 6.2% 137 SU'PPLEMENT'AL Assessed Value of Property Current Assessed Valuation $ 5,275,563,017 The Town of Tiburon has 3714 parcels of which 3,224 are Single- Family, 187 are Multiple-Family,and 57 are Commercial,the remainder are exempt or subject to exemption from regular tax assessments. Assessed Valuation on July 1. 1983 $ 395.258,102 Average Annual Growth Since 1983 8.03% Since Fiscal Year 1983 assessed value has grown at an average annual rate of 8.03%. Some of the growth is due to occasional annexation, a portion to in-fill construction and development, and a share is attributable to Bay Area real estate market conditions. Fssessed Valuation Growth &Trend Information $6,000,000,000 — $5,000,000,000 $4,000,000,000 r j $3,000,000,000 $2,000,000,000 $1,000,000,000 .. / $0 �O �O �O �O �O �O �O 'O 00 O O� Oct Q 9, Fiscal Years 2000 to 2016 138 SUPPLEMENTAL 1NFC?RMATI ?N Fiscal Year 201 8119 Assessor's Tax Roll Parcel Data 6 0 SINGLE FAMILY RESIDENTIAL Vacant-Unimproved 123 3.3% 52,605,872 1.0% 427,690 Improved-Detached 2,455 66.1% 4,321,488,143 81.0% 1,760,280 Improved-Attached 646 17.4% 543,361,216 10.2% 841,116 MULTIPLE RESIDENTIAL Unimproved 11 0.3% 1,766,897 0.0% 160,627 Improved 176 4.7% 253,334,800 4.7% 1,439,402 COMMERCIAL Unimproved 8 0.2% 417,348 0.0% 52,169 Improved 49 1.3% 111,465,610 2.1% 2,274,808 INDUSTRIAL LAND Unimproved 1 0.03% 2,310 0.0000% 2,310 SUBJECT TO EXEMPTION Unimproved 11 0.3% 289,141 0.0% 26,286 Improved 33 0.9% 52,131,328 1.0% 1,579,737 TAX EXEMPT 175 4.7% 0 0.0% 0 COMMON AREA PARCEL Homeowner's Association 26 0.7% 9,388 0.0% 361 Column Totals: 3714 100.0% $ 5,336,872,053 100.0% $ 1,436,961 Source: Marin County Office of Assessor-Recorder 139 SPPLEIIIINTiL fNFOMJTItN . , Fiscal Year 2018!19; Assessor's Tax Roll Parcel Data ..... ........................................ ....... ....... . ...... . ........ ... ......... The Town of Tiburon has 3714 parcels of which 3,224 are Single- Family, 187 are Multiple-Family, and 57 are Commercial, the remainder are exempt or subject to exemption from regular tax Tiburon Parcels By Land-Use Type assessments. A total of 123 Single-Family parcels are unimproved, some of which Commercial All Other are"scraps or"strips"and are undevelopable. 1.5% 6.6% The Town-wide average assessed value per parcel is$1,437,735 Multi The average assessed value for an improved detached Single- I Residential Family parcel is$1,525,265, for an attached townhouse-type unit it is ; 5.0% $1,364,180. E i i i I Single Family Residential 86.8% i Parcel Type Number Total AV Single Family Residential 3,224 $ 4,917,455,231 Multi-Residential 187 255,101,697 Commercial 57 11 1,882,958 All Other 246 52,432,167 Total Parcels: 3,714 $ 57336,872,053 140 SUPPLEMENTAL INFQRMATION Fjscal Year 2018/19. Staff Positions TOWN ADMINISTRATIVE SERVICES POLICE DEPARTMENT Town Manager 1.00 1.00 1.00 1.00 Chief of Police 1.00 1.00 1.00 1.00 Town Attorney - - - - Captain - - - - Town Clerk 1.00 1.00 1.00 1.00 Sergeant 4.00 4.00 4.00 4.00 Office Assistant 0.90 0.90 1.00 1.00 Patrol Officers 7.00 7.00 7.00 8.00 Admin.Services Direrctor 1.00 1.00 1.00 1.00 Investigator/Detective - - - - IT Coordinator - - - - Secretary - - - - Management Assistant 0.80 0.80 0.86 0.86 Police Service Aide 2.75 2.65 3.00 3.00 Management Analyst 1.00 1.00 1.00 1.00 Emergency Services Coordinator 1.00 1.00 1.00 1.00 IT/Desktop Support - - - 1.00 Subtotal: 5.70 5.70 5.86 6.86 Subtotal: 15.75 15.65 16.00 17.00 COMMUNITY DEVELOPMENT PUBLIC WORKS Community Dev. Director 1.00 1.00 1.00 1.00 Director&Town Engineer 1.00 1.00 1.00 1.00 Planning Manager 1.00 1.00 1.00 1.00 Engineering Technician 1.00 - - - Associate Planner 1.00 1.00 1.00 1.00 Associate Civil Engineer - 1.00 1.00 1.00 Assistant Planner - - - - Superintendent of Public Works 1.00 - 1.00 1.00 Community Development Aide 1.00 1.00 1.00 - Assistant Supt. of Public Works - 1.00 - - Planning Technician - - - 1.00 Building Official 1.00 1.00 1.00 1.00 Senior Maintenance Worker 2.00 2.00 2.00 2.00 Building Inspector 1.00 1.00 1.00 1.00 Maintenance Worker 4.00 4.00 4.00 4.00 Permit Technician 1.00 1.00 1.00 1.00 Subtotal: 9.00 9.00 9.00 9.00 Permit Clerk 1.00 1.00 1.00 1.00 Subtotal: 9.00 9.00 9.00 9.00 TOTAL ALL POSITIONS 39.45 39.35 39.70 40.86 141 Lea Stefani LATF MAIL #Mo From: Shane Anderies <anderiess@hotmail.com> Sent: Wednesday,June 06, 2018 4:44 PM To: Mayor Jim Fraser; Hollibills@gmail.com; Councilmember Alice Fredericks; kulikl @mac.com;jxw@jmbm.com; Lea Stefani; Greg Chanis Subject: Blackie's Pasture Storage Shed Good afternoon. I write as a concerned resident of Tiburon who lives close to Blackie's Pasture. It was recently brought to my attention there is a proposal under consideration to budget$100K for a large shed at Blackie's Pasture for storing fertilizer and a lawnmower. I apologize in advance if there was a public notice of hearing I missed to which I should have responded sooner, but with the understanding the proposal is up for vote this evening, I wanted to raise certain questions/concerns for consideration before a final decision is made: • Why is this expense necessary if the town already has a yard located behind Reed School for storing town equipment, particularly in light of my understanding the town is already spending several million dollars to renovate the existing yard? • What are the proposed benefits of such an addition, and do they offset the consequence of taking up what I understood to be preserved open space at Blackie's? • How does this structure relate to the recreational purpose for which I understood the open space at Blackie's to provide the community? • Has the town considered the legal implications of any environmental impact or potential liability of an arguably attractive nuisance (possibly hazardous chemical fertilizers and equipment) where both resident and non- resident families and children congregate on a daily basis? • As an alternative, and to minimize the cost and potential legal issues associated with a new structure,what about using the existing, empty sanitation district shed which already has a presumably safe track record? • How close would the proposed shed be to the field, and wouldn't it be an eye sore to such a beautiful landmark to residents and visitors alike? I sincerely appreciate whatever attention can be given to these issues as part of the decision-making process. Respectfully, Shane Anderies LATE MAIL #EN, Lea Stefani From: Isaac Nikfar <isaac@nikfar.com> Sent: Wednesday, June 06, 2018 12:42 PM To: Mayor Jim Fraser;jxw@jmbm.com; Councilmember Alice Fredericks; kulikl@mac.com; Holli Thier; Lea Stefani; Greg Chanis Subject: Blackie's Pasture Storage Shed To Whom it May Concern, The town has proposed budgeting$100K for a large shed @ Blackie's Pasture for storing fertilizer and a lawnmower.This building would take up existing Open Space and will be used in addition to the Corp Yard located behind Reed School for storing equipment. As a member of the Parks,Open Space and Trails Commission I'm concerned that we are proposing structures unrelated to recreational activity up in Blackie's Pasture,which is Open Space. As a parent I have significant environmental concerns with fertilizer being stored near protected waterways/Bird Sanctuary at Richardson Bay and near where Children play. As a Tiburon homeowner and taxpayer I'm concerned that the Town is preparing to build a new Corp Yard and that additional funds are being allocated to additional structures.Couldn't the storage of equipment and supplies(e.g. fertilizer)be included in the scoping for the new Corp Yard? Thank you, Isaac Nikfar Lea Stefani LATE MAIL From: Angela McInerney <angelamcinerney@me.com> Sent: Wednesday, June 06, 2018 1:03 PM To: Lea Stefani Subject: Please distribute to Town Council Tonight Lea, Apologies for the late mail Please see below. Best, Angela DPW Corp yard and Proposed Blackie's Pasture Storage Building At the last POST meeting on May 15, 2018 POST commissioners received a staff briefing about a preliminary conceptual review for a new storage building in Blackie's Pasture. http://townoftiburon.granicus.com/MetaViewer.php?view id=7&clip id=202&meta id=9697 "This conceptual plan is preliminary and there is currently no formal design or cost estimate for this project. This concept has not yet been considered or funded by the Town Council and would require various Town permits including a conditional use permit, design review approval, and building permits. Staff is seeking the Commission's opinion and comment prior to allocating more staff time to this concept and prior to bringing this item to Town Council." Staff was asking whether or not they should continue with researching plans for a potential storage building, not include money for it in the current budget. At the time of the May meeting, I thought that protecting the new equipment and securing the fertilizer were important goals—and they still are. We should protect the new maintenance equipment and we should also protect children and pets from potential exposure to the chemical fertilizers. What was not disclosed or discussed at the May 15, 2018 POST meeting was the over 3 million dollars that is in the budget to renovate the DPW Corporation Yard. I know I would have felt very differently about spending an additional $100,000 to construct a secondary mechanical and chemical storage building at Blackie's Pasture if I had known that the Town was spending millions of dollars to renovate the DPW corporation yard. The Town of Tiburon General Plan, Section 8-1 Parks and Recreation Element, PR-10, states that"Public convenience facilities such as restrooms, bicycle racks, drinking fountains and trash receptacles are encouraged...." POST recently approved a new bicycle repair station in the same area as the proposed building and we should continue to support projects that enhance and maintain the area for public use. Building a secondary, stege building for mechanical equipment and chemical fertilizer is a convenience facility for the DPW, not the public. The new equipment and fertilizer should be stored at the renovated corporation yard- not at the public open space, park and recreation area. Thank you, Angela McInerney Tiburon Parks, Open Space and Trails Commissioner Lea Stefani LATE M #P#.wZ From: Sean Coletta <sean.coletta@gmail.com> Sent: Wednesday,June 06, 2018 2:35 PM To: Mayor Jim Fraser; Hollibills@gmail.com; Councilmember Alice Fredericks; kulikl @mac.com;jxw@jmbm.com; Lea Stefani; Greg Chanis Subject: Blackies Storage Shed Proposal Dear Town Council, It has come to my attention that on the agenda for the Town Budget meeting tonight there is a proposal for a$100K storage shed to be placed in the existing OPEN SPACE of blackies pasture. As a lifelong resident of'Tiburon with 3 young children in the public school district I have some serious concerns and quesitons about this proposal. My initial questions are as follows: •Why are we considering putting large structures unrelated to recreation up in Blackie's Pasture,which is Open Space,and highly visible to the public? •Does the town put up sheds at every park/open space,are we using precious space as a storage yard? •Why does this equipment need to be so close to the field? •Why can't the empty and existing sanitation district shed be utilized? •Have any environmental studies been conducted or conteplemated pertaining to the fertilizers being stored where public events are held,kids frequently play,and next to a waterway? • Where is public process, resc inch and scoping,? • Why wasn't the public properly notified about this addition to the budget? •Why are we building a$100k structure at Blackie's Pasture when we are spending several million$'s for building a new Corp yard? Thank you for your thoughtful consideration of this proposal. Best, Sean Coletta 4747 Paradise Drive 781.526.6338