Loading...
HomeMy WebLinkAboutTC Agd Pkt 2012-01-18TOWN OF TIBURON Tiburon Town Hall 1505 Tiburon. Boulevard Tiburon, CA 94920 AGENDA Tiburon Town Council & Redevelopment Agency January 18, 2012 Regular Meeting - 7:30 p.m. Interview - 7:00 p.m. Council Photograph - 715 p.m. TIBURON TOWN COUNCIL & REDEVELOPMENT AGENCY INTERVIEWS FOR TOWN BOARDS, COMMISSIONS & COMMITTEES - (7:00 p.m.) One Vacancy - Tiburon Planning Commission • Jon Wellner, 24 Juno Road TIBURON REDEVELOPMENT AGENCY CALL TO ORDER AND ROLL CALL Boardmember Collins, Boardmember Doyle, Boardmember Fredericks, Vice Chair O'Donnell, Chair Fraser ORAL COMMUNICATIONS Persons wishing to address the Redevelopment Agency on subjects not on the agenda may do so at this time. Please note however, that the Agency 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 Redevelopment Agency meeting agenda. Please limit your comments to three (3) minutes. BUSINESS MEETING 1. Redevelopment Agency Minutes - Adopt minutes of April 6, 2011 meeting (Board Clerk Crane Iacopi) 2. Audit of Financial Statements - Accept the audited Annual Financial Report for the Tiburon Redevelopment Agency for FY 2010-11 (Director of Administrative Services Bigall) 3. Implementation of Proposition 26 - Adopt resolution creating Enforceable Obligation Payment Schedule pursuant to Proposition 26 (Town Attorney Danforth) ADJOURNMENT TIBURON TOWN COUNCIL CALL TO ORDER AND ROLL CALL Councilmember Collins, Councilmember Doyle, Councilmember Fredericks, Vice Mayor O'Donnell, Mayor Fraser CLOSED SESSION ANNOUNCEMENT, 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. 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. 1. Town Council Minutes - Adopt minutes of December 7, 2011 meeting (Town Clerk Crane Iacopi) 2. Town Investment Summary - Accept report for December 2011 (Director of Administrative Services Bigall) 3. Vacancies on Town Boards and Commissions - Announce pending vacancies on Town Boards and Commissions in 2012 (Town Clerk Crane Iacopi) 4. Audit of Town Financial Statements - Accept report and authorize filing of FY 2010/11 Town Financial Statements and Independent Auditor's Report (Director of Administrative Services Bigall) 5. Annual Development Fee Report - Adopt annual report on the status of the Town's Development Impact Fees pursuant to the California Government Code (Director of Community Development Anderson) 6. Traffic Mitigation Fee Report - Adopt annual report and resolution (Director of Community Development Anderson) 7. Zero Waste Campaign - Adopt resolution supporting "Zero Waste" targets for cities (Associate Planner Tyler) S. Implementation of Proposition 26 - Adopt resolution a) confirming the Town's role as successor agency to the Tiburon Redevelopment Agency (RDA); and b) assuming the RDA's affordable housing function (Town Attorney Danforth) ACTION ITEMS 1. Appointments to Boards, Commissions &t Committees - Consider appointment to fill vacancy on Planning Commission (Town Clerk Crane Iacopi) 2. Town Council Committee Appointments - Update Council Committee Appointments list to reflect revisions or new committee assignments in 2012 (Town Clerk Crane Iacopi) PUBLIC HEARINGS 1. 2012 Fee Schedules - Consider adoption of revised fee schedules for the Community Development Department & Administrative Services Department (Director of Community Development Anderson) 2. Library Streamlining Ordinance - Introduction and first reading of an ordinance establishing a streamlined review procedure and exemption from the Zoning Ordinance for the Belvedere-Tiburon Public Library Expansion Project located at 1501 and 1505 Tiburon Boulevard; AP Nos. 058-171-92, 93, 94 and 058-171-62 (Director of Community Development Anderson) TOWN COUNCIL REPORTS TOWN MANAGER'S REPOR WEEKLY DIGESTS • Town Council Weekly Digests -December 9,16 & 23, 2011 • Town Council Weekly Digests -January 6 &t 13, 2012 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, Nv w.ci.tiburon.ca.us. 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. RIA- / TIBURON REDEVELOPMENT .AGENCY MINUTES APRIL 6, 2011 CALL TO ORDER Following the Town Council meeting on April 6, 2011, Chair Slavitz called the meeting of the Tiburon Redevelopment Agency to order at 9:54 p.m. ROLL CALL Boardmember Collins, Boardmember Fredericks, Boardmember O'Donnell, Vice Chair Fraser, Chair Slavitz. ORAL COMMUNICATIONS None. BUSINESS MEETING 1. Adoption of Minutes - Adopt Minutes of February 16, 2011 meeting (Board Clerk Crane Iacopi) 2. Adoption of Minutes - Adopt Minutes of March 2, 2011 meeting (Board Clerk Crane Iacopi) 3. Audit Report - Adopt and Authorize filing of Independent Auditor's Report for fiscal year 2009-2010 (Director of Administrative Services Bigall) Chair Slavitz opened the business meeting to comments from the Board and the public. There were no comments. MOTION: To approve Item Nos. 1, 2 and 3, as written. Moved: Collins, seconded by Fredericks Vote: AYES: Unanimous Tiburon Redevelopment Agency #03-2011 April 6, 2011 Page 1 of 2 ADJOURNMENT There being no further business before the Redevelopment Agency of the Town of Tiburon, Chair Slavitz adjourned the meeting 9:55 p.m. JEFF SLAVITZ, CHAIR TIBURON REDEVELOPMENT AGENCY ATTEST: DIANE CRANE IACOPI, TOWN CLERK Tiburon Redevelopment Agency #03-2011 April 6, 2011 Page 2 of 2 TOWN OF TIBURON Tiburon Redevelopment Agency 1505 Tiburon Boulevard January 18, 2012 Tiburon, CA 94920 Agenda Item: STAFF PO. To: Board of Directors, Tiburon Redevelopment Agency From: Administrative Services Department Subject: Recommendation to Accept FY 2011 Annual Financial Audit Reviewed By:" Background Attached are the Audited Financial Statements for the Tiburon Redevelopment Agency (Agency) for the fiscal year ended June 30, 2011. The audit was performed by the certified public accounting firm of Marcello & Company in accordance with auditing standards generally accepted in the United States. The Redevelopment Agency is a separate legal entity subject to oversight by the Town Council. The Town is financially accountable for the Agency. The Redevelopment Agency is a component unit of the Town and the financial data of the Redevelopment Agency is included in the Town's audited financial statements for the fiscal year ended June 30, 2011. As background, The Tiburon Redevelopment Agency was created in 1983 under provisions of the Community Redevelopment Law primarily to assist in the clearance and rehabilitation of areas determined to be in declining condition in the Town of Tiburon. The Agency made its final debt service payment, and received its last tax increment revenue in FY 2002. The Agency's only obligation is to create 5.5 very-low income housing units. In light of the State's budget deficit and the Governor's threat to dissolve all Redevelopment Agencies throughout the State and redirect RDA financial resources to the State, the Tiburon Redevelopment Agency entered into an agreement with the Marin Housing Authority (MHA) to grant the Agency's assets to MHA for the exclusive purpose of satisfying the Agency's Affordable Housing Requirements in accordance with the Agency's Affordable Housing Plan. In April 2011 all of the Agency's assets were transferred to MHA in accordance with the Agreement. Therefore, the FY 2011 audit shall be the Agency's last financial report. Recommendation Staff recommends that the Board of Directors: Move to accept the Audited Annual Financial Report for the Tiburon Redevelopment Agency for the fiscal year ended June 30, 2011. t.tV. ~.E f .~`.1 Exhibit 1. Audited Financial Statements of the Tiburon Redevelopment Agency for the period ended June 30, 2011 Prepared by: Heidi Bigall, Director of Administrative Services THE TIBURON REDEVELOPMENT AGENCY California A Component Unit of the Town of Tiburon Final Annual Financial Report June 30, 2011 THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Table of Contents INDEPENDENT AUDITOR'S REPORT 1 GOVERNMENT-WIDE FINANCIAL STATEMENTS Statement of Net Assets 2 Statement of Activities 3 FUND FINANCIAL STATEMENTS Balance Sheet - Governmental Funds 4 Statement of Revenue, Expenditures, and Change in Fund Balances - Governmental Funds 5 NOTES TO FINANCIAL STATEMENTS 6-10 REQUIRED SUPPLEMENTARY INFORMATION Budgetary Comparison Information 11 OTHER REPORTS Independent Auditor's Report on Compliance with Audit Guidelines for California Redevelopment Agencies 12 MARCELLO & COMPANY CERTIFIED PUBLIC ACCOUNTANTS 2701 Cottage Way, Suite 30 / Sacramento, California 95825 / 916.979.9079 INDEPENDENT AUDITOR'S REPORT Members of the Tiburon Redevelopment Agency Town of Tiburon, California We have audited the accompanying basic financial statements of the governmental activities, which is comprised of two major funds, of The Tiburon Redevelopment Agency (the Agency), a component unit of the Town of Tiburon, California, as of and for the year ended June 30, 2011, as listed in the table of contents. These financial statements are the responsibility of the Agency's management. Our responsibility is to express an opinion on these basic financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the Guidelines for Compliance Audits of California Redevelopment Agencies, June 2011, issued by the State Controller's Office, Division of Local Government Fiscal Affairs. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the basic financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the basic financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall basic financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. As discussed in Note 5 to the financial statements, this June 30, 2011 Annual Financial Report constitutes the final report of the Agency. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the governmental activities and each major fund of The Tiburon Redevelopment Agency, as of June 30, 2011, and the results of its operations for the year then ended in conformity with accounting principles generally accepted in the United States of America. The Agency has not presented management's discussion and analysis that the Governmental Accounting Standards Board (GASB) has determined is necessary to supplement, although not required to be part of, the basic financial statements. The budgetary comparison information on page 11 is not a required part of the basic financial statements but is supplementary information required by accounting principles generally accepted in the United States of America. We have applied certain limited procedures, which consisted principally of inquiries of management regarding the methods of measurement and presentation of the required supplementary information. However, we did not audit the information and express no opinion on it. In accordance with Government Auditing Standards, we have also issued our report dated September 29, 2011, on our consideration of the Agency's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grants. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be read in conjunction with this report in considering the results of our audit. Certified Public Accountants Sacramento, California September 29, 2011 GOVERNMENT-WIDE FINANCIAL STATEMENTS THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Statement of Net Assets June 30, 2011 Governmental Activities ASSETS $ - LIABILITIES $ - NET ASSETS $ - The accompanying notes are an integral part of these financial statements 2 THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Statement of Activities Year Ended June 30, 2011 Functions/Programs Operating Expenses $ 1,527,167 292,638 Program Revenues Net (Expense) Revenue Low income housing Community Development Total Governmental Activities $ 1,819,805 $ - General Revenues: Investment earnings Total general revenues Change in Net Assets Net Assets - beginning Net Assets - end of year $ (1,527,167) (292,638) (1,819,805) 4,101 4,101 (1,815,704) 1,815,704 The accompanying notes are an integral part of these financial statements 3 FUND FINANCIAL STATEMENTS THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Balance Sheet Governmental Funds June 30, 2011 Total Special Capital Governmental Revenue Projects Funds ASSETS $ - $ - $ LIABILITIES $ - $ - $ - FUND BALANCES $ - $ - $ - The accompanying notes are an integral part of these financial statements 4 THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Statement of Revenue, Expenditures, and Change in Fund Balances Governmental Funds Year Ended June 30, 2011 Special Capital Revenue Investment earnings Total revenue Expenditures Administration an,d planning Contractual services Total expenditures Change in Fund Balances Fund Balances - beginning Fund Balances - end of year Total Governmental Funds $ 3,366 $ 735 $ 4,101 735 4,101 - 2,500 2,500 1,527,167 290,138 1,817,305. 1,527,167 292,638 1,819,805 (1,523,801) (291,903) (1,815,704) 1,523,801 291,903 1,815,704 The accompanying notes are an integral part of these financial statements 5 THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Notes to Financial Statements June 30, 2011 The notes to the financial statements include a summary of significant accounting policies and other notes considered essential to fully disclose and fairly present the transactions and financial position of the Agency as follows: Note 1 - Defining the Financial Reporting Entity Note 2 - Summary of Significant Accounting Policies Note 3 - Stewardship, Compliance and Accountability Note 4 - Subsequent Events Note 5 - Dissolution of the Tiburon Redevelopment Agency 6 THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Notes to Financial Statements June 30, 2011 Note 1- Defining the Financial Reporting Entity The Tiburon Redevelopment Agency of the Town of Tiburon, California (the Agency), is a separate legal entity subject to oversight by the Tiburon Town Council (the Council). As the primary governing unit of the Agency, the Council exercises significant financial and management control over the Agency. Therefore, the Agency is also a component unit of the Town of Tiburon (the Town). In addition to presenting these financial statements of the Agency, the financial data of this component unit has also been combined with the Town's annual financial report for the fiscal year ended June 30, 2011. The Agency was established in July 1983 under the provisions of the California Community Redevelopment Law (Health and Safety Code, Section 33000, et seq.) primarily to eliminate and reduce many aspects of economic, physical, visual and social blight then existing within the Town. The Agency was set to expire when the Town's housing increments, as defined by the State of California, have been met. The Town needed an additional four units of low-income housing to meet these requirements. Due to the high costs of local real estate, the Agency has not been able to meet this requirement and the continued existence of the Agency ended on June 30, 2011, as discussed in Note 5. As a result, the County of Marin has stopped passing through to the Agency, property tax increment revenue to the Agency several years ago. Note 2 - Summary of Significant Accounting Policies The accounting policies of the Agency conform to accounting principles generally accepted in the United States of America as applicable to governments. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The following is a summary of the more significant accounting policies: A. Basis of Presentation In June 1999, the GASB issued Statement No. 34, Basic Financial Statements and Management's Discussion and Analysis for State and Local Governments. The Agency adopted the provisions of this statement along with GASB Statement No. 37, Basic Financial Statements and Management's Discussion and Analysis for State and Local Governments: Omnibus (an amendment to GASB Statements No. 21 and No. 34), as of July 1, 2003. In June 2001, GASB issued Statement No. 38, Certain Financial Statement Note Disclosures, to revaluate certain existing disclosure requirements in the context of reporting model statement No. 34. The Agency adopted these provisions as of July 1, 2003. The Financial Statement presentation, required by GASB 34, 37, and 38 provides a comprehensive, entity-wide perspective of the Agency's assets, liabilities, and replaces the fund-group perspective previously required. The Agency follows the "primary government's governmental activities" reporting requirements of GASB No. 34 that provides a comprehensive one-line look at the Agency's financial activities. B. Fund Accounting The accounts of the Agency are organized on the basis of funds, each of which is considered a separate accounting entity. The operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenue, and expenditures, as follows: 7 THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Notes to Financial Statements June 30, 2011 Note 2 - Summary of Significant Accounting Policies (continued) Governmental Funds Special Revenue Funds - these funds account for the proceeds of specific revenue sources that are restricted by law or administrative action for specific purpose expenditures. Within the Agency, this fund is used to account for financial resources to be used for financing development and rehabilitation of low and moderate income housing units (LMI set-aside). Capital Project Funds - these funds account for the financial resources used for the acquisition and/or construction of major capital facilities, as well as being the general operating fund of the Agency. They are used to account for all financial resources except those required to be accounted for in the Special Revenue Fund. C. Measurement Focus and Basis of Accounting Basis of accounting refers to when revenues and expenditures are recognized in the accounts and reported in the financial statements. Basis of accounting relates to the timing of measurement made, regardless of the measurement focus applied. The government-wide financial statements are reported using the economic resources measurement focus and accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenues in the year for which they are levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements have been met. In the fund financial statements, all governmental funds are accounted for using the modified accrual basis of accounting. Revenues are recognized when they become both measurable and available to finance the expenditures of the current period (susceptible to accrual). Expenditures are recorded in the accounting period in which the related liability is incurred, except that principal and interest payments on general long term debt are recognized when paid. The government-wide financial statement is accounted for on a flow of economic resources measurement focus. This means that all assets and all liabilities (whether current or noncurrent) associated with their activity are included on their statement of net assets. Private sector standards of accounting and financial reporting issued prior to December 1, 1989, generally are followed in the government-wide financial statements to the extent that those standards do not conflict with or contradict guidance of the Governmental Accounting Standards Board. D. Budgetary Accounting The Tiburon Town Council, in its capacity as members of the Agency Board, adopts a budget for the Agency annually, effective each July 1, for all Agency funds. The Board may amend the budget by resolution during the fiscal year. Budgets are prepared on a basis consistent with accounting principles generally accepted in the United States of America. Encumbrance accounting is not employed by the Agency and all appropriations lapse at year end. E. Net Assets In the government-wide financial statements, net assets are classified as either restricted or unrestricted: 8 THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Notes to Financial Statements June 30, 2011 Note 2 - Summary of Significant Accounting Policies (concluded) • Restricted net assets - restricted net assets include resources that the Agency is legally or contractually obligated to spend in accordance with restrictions imposed by external third parties, such as property tax increment revenue. Unrestricted net assets - unrestricted net assets represent resources derived from sources such as rental income and developer fees. These resources are used for transactions relating the general operations of the Agency, and may be used at the discretion of the governing board to meet current expenses for any purpose. F. Property Tax Increment Revenue The Agency does not have the authority to levy tax, but receives property tax increment revenue directly from the, County of Marin. Tax increment is the additional property tax revenue created in a project area, which exceeds the base year (year of Plan adoption) value because of improvements and reassessments. Property tax increment revenue is recognized when measurable and collectible. The Agency did not receive property tax increment revenue in the current fiscal year. G. Interfund Transactions "Operating transfers in" and "Operating transfers out" on the Statement of Revenue and Expenditures are restricted to transfers within the funds and/or projects of the agency. "Transfers to" or "transfers from" the legislative body of the agency are reported as appropriate revenue or expenditure line items. H. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenditures during the reporting period. Actual results could differ from those estimates. 1. Major Funds In accordance with GASB Stmt. No. 34, paragraph 76, the Agency has elected to report its two funds as major funds because they believe these funds are particularly important to financial statement users. Note 3 - Stewardship, Compliance and Accountability Management is not aware of any material violations of finance-related legal or contractual provisions in any of the funds of the Agency 9 THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Notes to Financial Statements June 30, 2011 Note 4 - Subsequent Events The management of the Agency has reviewed the results of operations for the period from its year end June 30, 2011 through October 31, 2011, the date the financial statements were available to be issued, and have determined that no adjustments are necessary to the amounts reported in the accompanying financial statements nor have any subsequent events occurred, the nature of which would require disclosure. Note 5 - Dissolution of the Tiburon Redevelopment Agency In April 2011, the Agency implemented dissolution procedures and transferred all remaining assets to the Marin Housing Authority. In June 2011, the Governor of the State of California signed legislation to provide for the eventual dissolution of redevelopment agencies. This legislation provides for the continued operation of the agency if certain payments are made to the state of California. Those agencies that elect not to make such payments will not be permitted to initiate new projects, obligations, or activities after July 1, 2011. Such agencies will only be permitted to pay existing obligations as defined by this legislation As a result of the above actions, this June 30, 2011 financial statement constitutes the Final Annual Report of the Agency. 10 REQUIRED SUPPLEMENTARY INFORMATION THE TIBURON REDEVELOPMENT AGENCY A component unit of the Town of Tiburon Budgetary Comparison Information Year Ended June 30, 2011 Special Revenue Fund Housing Set-Aside Fund Resources (inflows) Investment earnings Total revenue Charges to Appropriations (Outflows) Low income housing Total expenditures Surplus (deficit) Original Final Actual Budget Budget Amounts $ - $ - $ 3,366 3,366 1,527,167 - - 1,527,167 $ - $ - $ (1,523,801) Capital Projects Fund General Tax Increment Fund Resources (inflows) Investment earnings Total revenue Charges to Appropriations (Outflows) Administration and planning Community development Total expenditures Surplus (deficit) Original Final Actual Budget Budget Amounts $ - $ - $ 735 - - 735 2,500 2,500 2,500 - - 290,138 2,500 2,500 292,638 $ (2,500) $ (2,500) $ (291,903) 11 OTHER REPORTS MARCELLO & COMPANY CERTIFIED PUBLIC ACCOUNTANTS 2701 Cottage Way, Suite 30 / Sacramento, California 95825 / 916.979.9079 INDEPENDENT AUDITOR'S REPORT ON COMPLIANCE WITH AUDIT GUIDELINES FOR CALIFORNIA REDEVELOPMENT AGENCIES Members of the Tiburon Redevelopment Agency Tiburon, California We have audited the component unit financial statements of the Tiburon Redevelopment Agency (the Agency), a component unit of the Town of Tiburon, California, as of and for the year ended June 30, 2011, and have issued our report thereon dated September 29, 2011. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the component unit financial statements are free of material misstatement. Compliance with laws and regulations applicable to the Agency is the responsibility of the Agency's management. As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we performed tests of the Agency's compliance with provisions of laws and regulations contained in Guidelines for Compliance Audits of California Redevelopment Agencies issued by the State Controller Office, Division of Accounting and Reporting. The results of our tests indicated that, with respect to the items tested, the Agency complied, in all material respects, with the provisions referred to in the second paragraph. With respect to items not tested, nothing came to our attention that caused us to believe that the Agency had not complied, in all material respects, with those provisions. This report is intended for the information of the Agency and the State Controller Office and is not intended to be and should not be used by persons other than these specified people. Certified Public Accountants Sacramento, California September 29, 2011 12 To: TOWN OF TIBURON Redevelopment Board Meeting 1505 Tiburon Boulevard January 18, 2012 Agenda Item: Tiburon, CA 94920 n t4 1' Chair and Board of the Tiburon Redevelopment Agency From: Executive Director and Agency Counsel Subject: Recommendation to Adopt a Resolution Approving an Enforceable Obligation Payment Schedule Reviewed By: BACKGROUND AND ANALYSIS On June 27, 2011, the California legislature passed Assembly Bills 1X26 and I X27, which were signed into law by the Governor. These bills basically mandated that all redevelopment agencies would be dissolved unless the city that created the agency enacted an ordinance committing itself to make certain mandatory "voluntary" payments. On July 18, 2011, the League of California Cities and the California Redevelopment Association filed suit asking the California Supreme Court to overturn the above legislation for a number of violations of the State Constitution and to immediately stay the provisions of AB I X26 and AB 1 X27. The Court accepted the suit and, on December 29, 2011, upheld AB 1 X 26 and struck down AB IX27. The result: all redevelopment agencies are dissolved as of February 1, 2012. Pending dissolution, AB IX 26 required all redevelopment agencies to adopt a schedule of enforceable payment obligations ("EOPS") prior to August 27, 2011, to continue making payments of agency funds. The Tiburon Redevelopment Agency did not do so because it had no enforceable payment obligations as defined by statute. However, the agency does have an on- going obligation to create affordable housing that staff is recommending that the Town of Tiburon assume as successor agency to the RDA. To that end, the RDA should now adopt an EPOS, which is a perquisite to the Town assuming its role as the successor agency. Staff prepared the attached Enforceable Obligations Payment Schedule which staff recommends be adopted via approval of the attached resolution. RECOMMENDATION Staff recommends that the Board of the Tiburon Redevelopment Agency: Adopt a Resolution approving the Enforceable Obligations Payment Schedule. Exhibit: Draft Resolution Prepared By: Ann R. Danforth, Town Attorney Draft RESOLUTION NO. XX-2011 A RESOLUTION OF THE TIBURON REDEVELOPMENT AGENCY APPROVING AND ADOPTING AN ENFORCEABLE OBLIGATION PAYMENT SCHEDULE PURSUANT TO AB 1X 26 WHEREAS, pursuant to the Community Redevelopment Law (Health and Safety Code Sections 33000 et seq.), the Town Council of the Town of Tiburon ("Town") created the Redevelopment Agency of the Town of Tiburon ("Agency"); and WHEREAS, the Agency has been responsible for implementing the Tiburon Redevelopment Plan covering certain properties within the Town ("Project Area"); and WHEREAS, as part of the 2011-2012 State budget bill, the California State Legislature recently enacted, and the Governor signed, companion bills AB IX 26 and AB IX 27, which eliminate every, redevelopment agency unless the community that created it adopts an ordinance ("Continuation Ordinance") agreeing to participate in an Alternative Voluntary Redevelopment Program which requires the payment of an annual "community remittance" payment; and WHEREAS, on July 18, 2011, the League of California Cities and the California Redevelopment Association filed suit in the Supreme Court of the State of California challenging the constitutionality of and requesting a stay of enforcement of AB 1 X 26 and AB 1 X 27; and WHEREAS, on December 29, 2011, the California Supreme Court issued its opinion in the Lawsuit upholding AB 1 X 26, which dissolves all redevelopment agencies, and striking down AB 1X 27, thereby requiring the dissolution of all redevelopment agencies by February 1, 2012; and WHEREAS, Health and Safety Code Section 34169, enacted by AB 1X 26, requires redevelopment agencies to adopt, by August 27, 2011, an Enforceable Obligation Payment Schedule ("EOPS") to continue making payments on such obligations; and WHEREAS, the Agency did not adopt an EOPS prior to August 27, 2011 because it did not have any enforceable payment obligations; and WHEREAS, to enable the Town of Tiburon to act as successor to the Agency, the Agency must adopt an EOPS prior to February 1, 2012; NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE TOWN OF TIBURON DOES HEREBY RESOLVE AS FOLLOWS: Tiburon RedevelopmentAgencv Resolution No. XX-2012 01118112 Section 1. Recitals. The Recitals set forth above are true and correct and incorporated herein by reference. Section 2. Approval of EOPS. The Agency hereby approves and adopts the Enforceable Obligation Payment Schedule, in substantially the form attached hereto and incorporated by reference as Exhibit A, as required by Health and Safety Code Section 34169. Section 3. Posting; Transmittal to Appropriate Agencies. The Executive Director is hereby authorized and directed to post a copy of the EOPS on the Town's website. The Executive Director is further authorized and directed to transmit, by snail or electronic means, to the Marin County Auditor-Controller, the State Controller and the Department of Finance, notification providing the website location of the posted EOPS and other information as required by AB 1X 26. Section 4. Effective Date. Pursuant to Health and Safety Code Section 34169(1), the Agency's action to adopt the EOPS as set forth herein shall not be effective for three (3) business days following adoption of this Resolution, pending a request for review of the EOPS by the Department of Finance. PASSED AND ADOPTED at a regular meeting of the Board of the Tiburon Redevelopment Agency this 18th day of January, 2012, by the following vote: AYES: BOARDMEMBERS: NOES: BOARDMEMBERS: ABSENT: BOARDMEMBERS: JIM FRASER, CHAIR TIBURON REDEVELOPMENT AGENCY ATTEST: DIANE CRANE IACOPI, BOARD CLERK Tiburon Redevelopment Agency Resolution No. XX-2012 01118112 2 EXHIBIT A ENFORCEABLE OBLIGATION PAYMENT SCHEDULE Under AB IX 26, an enforceable obligation is any of the following: (A) Bonds, as defined by Section 33602 and bonds issued pursuant to Section 58383 of the Government Code, including the required debt service, reserve set-asides, and any other payments required under the indenture or similar documents governing the issuance of the outstanding bonds of the former redevelopment agency. (B) Loans of moneys borrowed by the redevelopment agency for a lawful purpose, to the extent they are legally required to be repaid pursuant to a required repayment schedule or other mandatory loan terms. (C) Payments required by the federal government, preexisting obligations to the state or obligations imposed by state law, other than pass-through payments that are made by the county auditor-controller pursuant to Section 34183, or legally enforceable payments required in connection with the agencies' employees, including, but not limited to, pension payments, pension obligation debt service, unemployment payments, or other obligations conferred through a collective bargaining agreement. (D) Judgments or settlements entered by a competent court of law or binding arbitration decisions against the former redevelopment agency, other than pass-through payments that are made by the county auditor-controller pursuant to Section 34183. Along with the successor agency, the oversight board shall have the authority and standing to appeal any judgment or to set aside any settlement or arbitration decision. (E) Any legally binding and enforceable agreement or contract that is not otherwise void as violating the debt limit or public policy. However, nothing in this act shall prohibit either the successor agency, with the approval or at the direction of the oversight board, or the oversight board itself from terminating any existing agreements or contracts and providing any necessary and required compensation or remediation for such termination. (F) Contracts or agreements necessary for the administration or operation of the successor agency, in accordance with this part, including, but not limited to, agreements to purchase or rent office space, equipment and supplies, and pay-related expenses pursuant to Section 33127 and for carrying insurance pursuant to Section 33134. (G) Amounts borrowed from or payments owing to the Low and Moderate Income Housing Fund of a redevelopment agency, which had been deferred as of the effective date of the act adding this part; provided, however, that the repayment schedule is approved by the oversight board. 09959.00000\6849049.6 Under this definition, the RDA's sole enforceable payment obligation is the creation of 5.5 very housing units affordable to very low income households. The information required by AB IX 26 is as follows: (A) The project name associated with the obligation: Cooperation Agreement with the Marin Housing Authority (B) The payee: The Marin Housing Authority. (C) A short description of the nature of the work, product, service, facility, or other thing of value for which payment is to be made: See attached Affordable Housing Plan. (D) The amount of payments obligated to be made, by month, through April 2012: $0.00. The Marin Housing Authority already holds the RDA housing funds. 09959.00000\6849049.6 ATTACHMENT A AFFORDABLE HOUSING PLAN 1. Affordable Housing Projects and Programs. A. The Housing Fund monies provided to the Authority under this Agreement must first be spent to satisfy the Agency's Affordable Housing Requirement. B. Any funds remaining after the Agency's Affordable Housing Requirement has been met shall be used to provide moderate, low, very low or extremely low income units in accordance with state law and the Town's General Plan and Municipal Code, or to assist with the following types of affordable housing- related programs: • Developer Loans for development of affordable rental housing • First Time Homebuyer Program consistent with Redevelopment Law - including down payment assistance, equity share or closing cost loans • Transitional Housing to assist with homeless prevention • Housing Rehabilitation consistent with Redevelopment Law A-1 EOPS Attachment 1-18-1?.doc C-C-I TOWN COUNCIL MINUTES CALL TO ORDER Mayor Slavitz the regular ting of the Tiburon Town Council to order at 7:30 p.m. on Wednesda December 7,2011 , ' Town Council Chambers, 1505 Tiburon Boulevard, Tiburon, Califo ' . ROIL CALL PRESENT: COUNCILMEMBERS: PRESENT: EX OFFICIO: Collins, Fraser, Fredericks, O'Donnell, Slavitz Town Manager Curran, Town Attorney Danforth, Director of Administrative Services Bigall, Director of Community Development Anderson, Director of Public Works/Town Engineer Nguyen, Police Chief Cronin, Town Clerk Crane Iacopi Prior to the regular meeting, the Council met in closed session, beginning at 7 p.m., to discuss the following: CLOSED SESSION Section 54956.9(c) Decision whether to initiate litigation - One Claim ANNOUNCEMENT OF ACTION TAKEN IN CLOSED SESSION, IF ANY Mayor Slavitz said that no action had been taken in closed session. ORAL COMMUNICATIONS Attorney Joe Reich distributed two articles pertaining to elder financial abuse and spoke in favor of stronger measures to fight this problem locally and nation-wide. Branwell Fanning, former Councilmember, said a few words in memory of the late Councilwoman Anne Ellinwood. He noted that she had donated the dais at which the Council sat. Fanning said that although he and Anne disagreed on most issues when they served together, they were united in their affection for the Town of Tiburon. D C RAFT Town ouncil Minutes #24 -2011 December 7, 2011 Page 1 INTRODUCTION OF NEW TOWN EMPLOYEE • Police Officer, Jill Cingolani Chief Cronin introduced the newest officer on the force. He said that he had worked with Ms. Cingolani in San Rafael where she had served as a patrol officer, a field training officer (FTO), and detective. He said that she had left police service to have children and now wanted to come back to work. He welcomed Ms. Cingolani to the Town. Officer Cingolani said that she had received a very wann welcome from the community and looked forward to the opportunity to serve. She noted that her very first police job had been on the City of Belvedere police force. CONSENT CALENDAR 1. Town Council Minutes -Adopt Minutes of November 16, 2011 Meeting (Town Clerk Crane Iacopi) 2. Town Council Minutes - Request to amend August 31, 2011 Minutes (Councilmember Fredericks/Town Clerk Crane Iacopi) 3. Annual Appointments List - Adopt Annual List of Appointments made by Town Council in 2011 pursuant to state law (Town Clerk Crane Iacopi) 4. Easements at 5 and 9 Main Street - Consider adoption of resolutions abandoning portions of easements and releasing restrictions on property located at 5 and 9 Main Street pursuant to a recorded agreement between the Town and the Abrams and Zelinsky Family associated with the Ferry Access Improvement Project (Director of Community Development Anderson) 5. Storm Drain Cleaning Project - Recommendation to accept the 2011 Storm Drain Cleaning Project and authorize the filing of the Notice of Completion for the work (Director of Public Works/Town Engineer Nguyen) MOTION: To adopt Consent Calendar Item Nos. 1 though 5, as written. Move: Fredericks, seconded by Collins Vote: AYES: Unanimous ACTION ITEM - SWEARING IN AND REORGANIZATION OF TOWN COUNCIL 1. Recognition of Outgoing Mayor - The Council will bid farewell to Mayor Slavitz. DRAFT Town Council Minutes #24 -2011 December- 7, 2011 Page 2 Mayor Slavitz said that stepping down was both a happy and sad moment; he said that serving on the Council had been a great educational experience. He thanked each member of the Council, as well as past members of the Council such as Tom Gram, who had encouraged him to run for office. Slavitz said that he was most proud of the fact that although the current Council did not always agree on issues, they all respected each other. Mayor Slavitz thanked the staff of Town Hall, the Corporation Yard, and the Police Department for their hard work and professionalism. He especially thanked Town Manager Curran for her patience and ability to convey information, and long-time employee, Joan Palmero, for always being at Town Hall answering the phone, as well as at the center of all town functions and events. Slavitz thanked Ark reporter, Deirdre McCrohan, for being the conduit through which communication with the community took place. Finally, Slavitz thanked his wife, Nancy, for being there for him and supporting him, and also his two sons, Zander and Jeremy. The Council added their comments. Councilmember Collins complimented Slavitz for his calm, focused, collected but strong demeanor, and his way of dealing with people. He said that he had the gift of decency and treated everyone the same. Collins said that the Town was better off for it. Councilmember O'Donnell said that the Council was losing its "center" as if it were a basketball team. He, too, spoke of Slavitz' decorum, the way he treated speakers with courtesy and professionalism. He commended Slavitz and agreed that the Council was losing a lot by his departure. Councilmember Fredericks listed many of Slavitz' accomplishments during his tenure that spanned the issues of importance to the community: Energy efficiency standards; plastic bag ban (which had not passed but would come back in future, according to Fredericks); bicycle and pedestrian safety, and improvements to the Multi-Use Path; creation of the Artist Laureate program, and many others. She, too, commended Slavitz for his thoughtfulness, patience and fairness, his dignity and integrity, and said that he had set the bar high for future Councils. She also spoke of his wry sense of humor. Vice Mayor Fraser said that Mayor Slavitz had been his personal mentor and role model with his open, caring, compassionate leadership style. Fraser said that Slavitz seemed to always be at his best at the eye of the storm and he thanked him for having taken the helm [of the ship]. Vice Mayor Fraser presented outgoing Mayor Slavitz with a plaque thanking him for his service on the Council (2001-2011), and his three terms as mayor (2002-2003, 2007-2008, 2010-2011). DRAFT Town Council Minutes #24 -2011 December 7, 2011 Page 3 Former Mayor Karen Nygren said she had observed Slavitz during his tenure and spoke on behalf of the community in thanking him for over 20 years of public service to the community. She said that he was an exemplary example of public service and that the community was very appreciative. 2. Oath of Office - The Town Clerk will administer the oath of office to appointed Council members Richard Collins and Frank Doyle and they will take their seats at the dais. Town Clerk Crane Iacopi administered the oath of office to incoming Councilmember Collins and Doyle. Vice Mayor welcomed Frank Doyle to the Council and said he brought his experience as a businessman and his service on the Design Review Board and Planning Commission to the table. 3. Election of Mayor - Vice Mayor Fraser will take the Chair to receive nominations for the Office of Mayor and conduct the election. MOTION: To appoint Vice Mayor Fraser to the position of Mayor. Move: Collins, seconded by Fredericks Vote: AYES: Unanimous Mayor-elect Fraser thanked the Council for their confidence as well as the citizens of Tiburon for electing him. He said that the Town was a wonderful place to be and to serve on the Council. 4. Election of Vice Mayor - The Mayor-elect will conduct the election of Vice Mayor. MOTION: To appoint Emmett O'Donnell to the position of Vice Mayor. Move: Fredericks, seconded by Collins Vote: AYES: Unanimous 5. Town Council Comments - There were no additional comments. TOWN COUNCIL REPORTS None. TOWN MANAGER'S REPORT None. WEEKLY DIGESTS • Town Council Weekly Digest - November 18, 2011 • Town Council Weekly Digest -November 25, 2011 • Town Council Weekly Digest -December 2, 2011 DRAFT Town Council Minutes #24 -2011 December 7, 2011 Page 4 ADJOURNMENT There being no further business before the Town Council of the Town of Tiburon, Mayor Fraser adjourned the meeting at 8:07 p.m. JIM FRASER, MAYOR ATTEST: DIANE CRANE IACOPI, TOWN CLERK DRAFT Town Council Minutes #24 -2011 December- 7, 2011 Page 5 TOWN OF TIBURON 1505 Tiburon Boulevard f Tiburon, CA 94920 To: From: Subject: Reviewed By: Mayor and Members of the Town Council Administrative Services Department Investment Summary - December 2011 Town Council Meeting January 18, 2012 Agenda Item: CC, e2 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 December 31, 2011. ANALYSIS Agency Investment Amount Interest Rate Maturity Town of Tiburon Local Agency $1899569648.21 0.39% Liquid Fund (LAIF) CDARS (Bank $ 2,030,436.16 0.349% April 19, 2012 of Marin Housing note to $ 800,000.00 0.378% Based on Town Manager Contract Money Market $ 2509000.00 0.40% Liquid Bank of Marin Note to Former $ 299714.89 5.55% June 1, 2017 Town Employee Total F, W $22,066,799.26 FINANCIAL IMPACT No financial impact occurs by adopting the 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 December 31, 2011 investment summary Prepared By: Heidi Bigall, Director of Administrative Services To: From: Subject: Reviewed By: BACKGROUND TOWN OF TIBURON 1505 Tiburon Boulevard Tiburon, CA 94920 Mayor and Members of the Town Council Office of the Town Clerk Town Council Meeting January 18, 2012 Agenda Item: 6~'Owl3 Announcement of Vacancies on Town Boards, Commissions & Committees Town Council Resolution No. 16-2007 (Appointments Procedure) requires the Mayor to announce pending vacancies on Town boards, commissions and committees at the first regular meeting of the New Year. A notice is subsequently published in the Ark newspaper and posted at Town Hall and the Belvedere-Tiburon Library for the purpose of informing the public of these vacancies and to seek applicants to fill the positions. Commissioners whose terms are expiring in 2012 will be notified by the Town Clerk of their term expirations and asked whether they are interested in seeking reappointment. Due consideration will be given to incumbent commissioners, however, the Council is required to interview all new applicants, pursuant to Resolution No. 16-2007. An exception to this rule is for commissioners who have served terms of less than two years in duration; the Council is not required to interview new applicants for these pending vacancies if the incumbent seeks reappointment to the position. There are also several existing vacancies on Town boards and commissions: One vacancy on the Planning Commission due to Frank Doyle's appointment to the Town Council, and two vacancies on the Heritage & Arts Commission due to resignations in the latter part of 2011. The attached Notice of Current & Pending Vacancies itemizes all of the known vacancies to which the Council will make appointments in 2012. RECOMMENDATION Staff recommends that the Town Council: 1. Announce the pending vacancies on Town boards, commissions and committees in 2011 by adoption of this report on the Consent Calendar; 2. Direct staff to publish and post the notice of pending vacancies in accordance with Town policy. Exhibit: Notice of Pending Vacancies on Town Boards, Commissions & Committees as of January 2012 Prepared By: Diane Crane Iacopi, Town Clerk NOTICE OF CURRENT & PENDING VACANCIES On Town Boards, Commissions & Committees January 2012 PLANNING COMMISSION DESIGN REVIEW BOARD HERITAGE & ARTS COMMISSION PARKS, OPEN SPACE & TRAILS COMMISSION BELVEDERE-TIBURON JOINT RECREATION COMMITTEE LIBRARY AGENCY BOARD OF DIRECTORS TIBURON ARTIST LAUREATE The following vacancies on Town Boards, Commissions and Committees are current or pending in 2012. Pursuant to Resolution No. 16-2007, the Tiburon Town Council will conduct interviews of interested applicants beginning in January 2012. Current commissioners whose terms are expiring may seek re-appointment for another term; commissioners who have served terms of less than two years are eligible for automatic re- appointment. Most Town appointments are made for four-year terms, effective March 1. Other terms are stated in the agency's by-laws, for instance, the Belvedere-Tiburon Library Agency terms are for three years and expire at the end of June. Applicants should be residents of the Town of Tiburon and have the time, interest and desire to serve on the board or commission, including attendance at regular monthly meetings and other activities. Some commissions, such as Heritage & Arts, and Parks, Open Space & Trails, are comprised of residents of both Tiburon and Belvedere, or the Tiburon Peninsula. Applications can be obtained at Town Hall, 1505 Tiburon Boulevard, or from the Town's website, tit -iv. ci. tiburon. ca. us (click on "Useful Forms"). You may also contact Town Clerk Diane Crane Iacopi at dcrane&ci. tiburon. ca. us (tel: 435-7377) for more information. TOWN OF TIBURON NOTICE OF CURRENT & PENDING VACANCIES ON BOARDS, COMMISSIONS & COMMITTEES JANUARY 2012 PLANNING COMMISSION Appointee Appointed Term Expires • Frank Doyle January 2010/ Apptd. to Town Council in 2011 2/28/14 • Lou Weller June 2011 2/29/12* DESIGN REVIEW BOARD Appointee Appointed Term Expires • Bryan Chong March 2008 2/29/12 • Michael, Tollini June 2008 2/29/12 HERITAGE & ARTS COMMISSION Appointee Appointed Term Expires • Patricia Navone Oct. 2002/ resigned Sept. 2011 2/29/12 • Anne Thull March 2008/ resigned Nov. 2011 2/28/13 PARKS, OPEN SPACE & TRAILS (POST) COMMISSION Appointee Appointed Term Expires • Michael McMullen June 2008 2/29/12 • Phillip Feldman June 2008 2/29/12 BELVEDERE-TIBURON JOINT RECREATION COMMITTEE Appointee Appointed Term Expires • Tina Warren May 2010 2/29/12* BELVEDERE-TIBURON LIBRARY AGENCY BOARD OF TRUSTEES Appointee Appointed Term Expires • Lois Epstein May 2006; 2009 6/30/12 TOWN ARTIST LAUREATE Appointee Appointed Term Expires • Mary Falk August 2008 August 2012 *Eligible for automatic reappointment pursuant to Town Council Resolution No. 16-2007. Courtesy Copies to: The Ark (for publication on January 25 & February 1, 2012) The Mai-in Independent Journal Notice Posted at Tiburon Town Hall and Belvedere/Tiburon Library ' TOWN OF TIBURON 1505 Tiburon Boulevard Tiburon, CA 94920 To: From: Subject: Reviewed By: BACKGROUND Mayor and Members of the Town Council Administrative Services Department Town Council Meeting January 18, 2012 Agenda Item: cc Recommendation to Accept and File the FY 2010/11 Basic Financial Statements and Independent Auditor's Report The Town's independent auditor, Marcello & Company Certified Public Accounts, conducted the annual audit of the Town's financial statements for the fiscal year ended June 30, 2011. The audit was performed in accordance with generally accepted auditing standards. These standards require that they plan and perform the audit to obtain reasonable assurance as to whether the financial statements are free of material misstatement. The independent audit involved examining, on a test basis, evidence supporting amounts and disclosures in the financial statements; assessing the accounting principles used and significant estimates made by managements; and evaluating the overall financial statement presentation. ANALYSIS Attached are the audited financial statements for the Town of Tiburon for the fiscal year ended June 30, 2011. The Town's Basic Financial Statements provide a comprehensive presentation of the financial results of the Town as a whole. The results of the Town's financial activities are presented in the Government-Wide State of Net Assets (pages 12). Net assets are a good indicator of the Town's financial position. The Town ended FY 2011 with approximately $52.5 million in net assets, a decrease of $678,100 over the previous fiscal year. Though a decrease in net assets could indicate the Town's financial position is weakening, during the fiscal year the Town's Redevelopment Agency transferred approximately $1.5 million in assets to the Marin County Housing Agency. This was done in an effort to protect the RDA funds from a potential raid by the State of California. If this transfer had not been authorized, the Town's Net Assets would have actually increased by approximately $850,000. The Government-wide Statement of Activities (page 13) is the equivalent to the private sector Income Statement. This statement provides detailed accounting of the Town increase in net assets. The General Fund's ending balance as of June 30, 2011 was $11,696,780. This includes the General Operating Account and the thirteen General Fund reserves. Of this, $2.3 million is unassigned. Supplementary explanatory information is provided with the Management's Discussion and Analysis (MD&A) beginning on page 3. The MD&A provides key highlights and a summary view of performance of financial activities for the year ended June 30, 2011. TOWN OF TIBURON PAGE 1 OF 2 The auditors have issued a report that includes required communications concerning their responsibility under generally accepted accounting standards, significant changes in accounting policies and unusual transactions, management judgments and accounting estimates, significant audit adjustments, and other issues related to performance of the audit. In the area of accounting practices and internal controls, there are no findings as to material weaknesses. The conclusion presented in the independent auditor's report of the Town financial records is that the basic financial statements present fairly, in all material respects, the financial position of the Town as of June 30, 2011. This conclusion is known as a "clean audit". FINANCIAL IMPACT There is no fiscal impact to the Town by having the Council accept this financial audit report. RECOMMENDATION Staff recommends that the Town Council: Move to, accept the Fiscal Year 2010-11 annual financial audit as prepared by Marcello & Company, C.P.A.'s. Exhibits: Report and General Purpose Financial Statements of the Town of Tiburon for Fiscal Year ended June 30, 2011 Prepared By: Heidi Bigall, Director of Administrative Services TOWN OF TIBURON California Annual Financial Report June 30, 2011 Town Council Jeff Slavitz Mayor Jim Fraser Vice Mayor Richard Collins Member Alice Fredericks Member Emmett O'Donnell Member Appointed Officials Town Manager Margaret Curran Town Treasurer William Osher Town Attorney Ann R. Danforth TOWN OF TIBURON Table of Contents INDEPENDENT AUDITOR'S REPORT 2 MANAGEMENT'S DISCUSSION AND ANALYSIS (unaudited) Required Supplementary Information, as prepared by management .............................3-11 GOVERNMENT-WIDE FINANCIAL STATEMENTS Statement of Net Assets 12 Statement of Activities 13 FUND FINANCIAL STATEMENTS Balance Sheet - Governmental Funds 14 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets 15 Statement of Revenue, Expenditures, and Change in Fund Balances - Governmental Funds 16 Reconciliation of the Statement of Revenue, Expenditures, and Change in Fund Balances of Governmental Funds to the Statement of Activities 17 Statement of Fiduciary Assets and Liabilities - Agency Funds 18 NOTES TO FINANCIAL STATEMENTS .................................................................................19-34 REQUIRED SUPPLEMENTARY INFORMATION Note to Required Supplementary Information - Budgetary Comparison Information............ 35 Budgetary Comparison Information - General Fund 36 OTHER SUPPLEMENTARY INFORMATION Schedule of Funding Progress - Defined Benefit Pension Plan (unaudited) 37 Combining Balance Sheets and Combining Statements of Revenue, Expenditures, and Change in Fund Balances: General Fund 38-39 Special Revenue Funds 40-41 Capital Projects Funds 42-43 1 MARCELLO & COMPANY CERTIFIED PUBLIC ACCOUNTANTS 2701 Cottage Way, Suite 30 / Sacramento, California 95825 INDEPENDENT AUDITOR'S REPORT Honorable Mayor Members of the Town Council Town of Tiburon, California We have audited the accompanying financial statements of the governmental activities, each major fund, and the aggregate remaining fund information of the Town of Tiburon, California, as of and for the year ended June 30, 2011, which collectively comprise the Town's basic financial statements as listed in the table of contents. These financial statements are the responsibility of the Town's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the governmental activities, each major fund, and the aggregate remaining fund information of the Town of Tiburon, as of June 30, 2011, and the respective changes in financial position for the year then ended in conformity with accounting principles generally accepted in the United States of America. .ccounting principles generally accepted in the United States of America require that the management's discussion and analysis on pages 3 through 11, and budgetary comparison information on pages 35 through 36, be presented to supplement the basic financial statements. Such information, although not part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historic context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the Town of Tiburon's basic financial statements as a whole. The combining nonmajor fund financial statements are presented for purposes of additional analysis and are not a required part of the financial statements. The combining nonmajor fund financial statements are the responsibility of management and were derived from and relate directly to the underlying accounting and other records used to prepare the financial statements. The information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the financial statements as a whole. The schedule of funding progress-defined benefit pension plan was provided to the Town of Tiburon by the California Public Employees' Retirement System Actuarial Office and has not been subjected to the auditing procedures applied in the audit of the basic financial statements and, accordingly, we do not express an opinion or provide any assurance on it. srtified Public Accountants oacramento, California September 29, 2011 Town of Tiburon Management's Discussion and Analysis As management of the Town of Tiburon, we offer readers. of these financial statements this narrative overview and analysis of the financial activities of the Town for the fiscal year ended June 30, 2011 (FY 2011). We encourage readers to consider the information presented here in conjunction with the Town's financial statements, which follow this discussion and analysis. OVERVIEW OF THE BASIC FINANCIAL STATEMENTS This discussion and analysis is intended to serve as an introduction to the Town's basic financial statements, which consist of three components: 1) Government-wide financial statements 2) Fund Financial statements 3) Notes to the basic financial statements This report also contains required and other supplementary information in addition to the basic financial statements. Government-wide Financial Statements The Government-wide Financial Statements consist of the Statement of Net Assets and the Statement of Activities. These statements are designed to provide readers with a broad overview of the Town's finances in a manner similar to a private-sector business. They provide information about the activities of the Town as a whole, and present a longer-term view of the Town's finances. The Statement of Net Assets presents information on all of the Town's assets and liabilities, with the difference between the two reported as net assets. Over time, increases or decreases in net assets may serve as a useful indicator of whether the financial position of the Town is improving or deteriorating. The Statement of Activities presents information showing how the Town's net assets changed during the most recent fiscal year. All changes in net assets are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, some of the revenues and expenses reported in this statement may result in cash flows only in future fiscal periods, such as revenues related to uncollected taxes and interest expense incurred but not paid. Fund Financial Statements A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The Town, like other governmental entities, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. Funds of governmental entities are divided into three categories, as follows: 3 Town of Tiburon Management's Discussion and Analysis 1) Governmental Funds 2) Proprietary Funds 3) Fiduciary Funds Government Funds Most of the Town's basic services are included in Government Funds, which focus on 1) how cash and other financial assets that can readily be converted to cash flow in and out and 2) the balances left at year-end that are available for spending. Consequently, the Government Funds Statements provides a detailed short-term view that helps you determine whether there are more or fewer financial resources that can be spent in the near future to finance the Town's programs. Because this information does not encompass the additional long-term focus of the Government-wide Statements, there is a schedule subsequent to each Government Funds financial statement that reconciles it to the related Government-wide Financial Statement. Proprietary Funds Services for which the Town charges customers a fee are generally reported in proprietary funds. Proprietary funds, like the government-wide statements, provide both long-term and short-term financial information. Currently the Town does not have proprietary funds. Fiduciary Funds Fiduciary Funds are used to account for resources held for the benefit of parties outside the municipality, such as assessment districts. Fiduciary Funds are not reflected in the government-wide finance statements because those resources are not available to support the Town's own programs. Notes to the Financial Statements The Notes provide additional information that is essential to a full understanding of the data provided in the Government-wide and Fund Financial Statements. The Notes to the financial statements follow the basic financial statements. Required Supplementary Information In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information other than this discussion and analysis concerning the Town's budgetary comparison schedules, and its schedule of funding progress-defined benefit pension plan. 4 Town of Tiburon Management's Discussion and Analysis FINANCIAL HIGHLIGHTS Government-wide Financial Statement Highlights ➢ The Government-wide Statement of Net Assets shows that the Town's assets exceeded liabilities by $52.5 million (net assets). Of this amount, $15.3 million was unrestricted net assets and may be used to meet the Town's ongoing obligations to the citizens and creditors of the Town. ➢ The Town's net assets decreased by $678,100 over the previous fiscal year. The table on page 6 of this Management's Discussion and Analysis provides year-over- year detail and explanation of the factors attributing to this increase. ➢ The Town's capital assets, net of depreciation, totaled $36.5 million at June 30, 2011, representing 67.7 percent of the Town's total assets. Net capital assets increased $12,287 from FY 2010. ➢ The Town's cash and investments totaled $16.2 million, representing 30.1 percent of total assets. This is an increase of $56,318 over FY 2010. ➢ The Town's long-term debt obligation consists solely of compensated absences and increased by $87,871 during FY 2011 to $559,076. Fund Financial Statement Highlights ➢ The Town's Governmental Fund revenue was $9.5 million compared with expenses of $10.1 million, resulting in a decrease in total fund balance of $602,514, or 3.5 percent. A year-over-year comparison is presented on page 10 of this report. ➢ At the end of FY 2011, the combined fund balance of the Town's Governmental Funds was $17.4 million, of which approximately $11.7 million is from the General Fund and its Reserves. FINANCIAL ANALYSIS OF THE TOWN AS A WHOLE The Town has presented its financial statements in accordance with Governmental Accounting Standards Board (GASB) Statement No. 34, Basic Financial Statement - Management's Discussion and Analysis -for State and Local Governments. 5 Town of Tiburon Management's Discussion and Analysis Net Assets The Town's total assets exceeded total liabilities by $52,510,697, a decrease of $678,100. As discussed previously, by far the largest portion of the Town's net assets reflects its investment in capital assets (68 percent - e.g., land, buildings, roadways, drainage systems, and equipment). The Town uses capital assets to provide services to citizens; consequently, these assets are not available for future appropriations. A condensed presentation of the Town's Net Assets is presented in the following table: Assets: Current and other assets Capital assets, net Total assets Liabilities: Current and other liabilities Non-current liabilities Total liabilities Net Assets: Amount invested in capital assets Restricted Unrestricted Total net assets June 30 gn11 2010 Amount Percent Change Change $17,396,611 $ 18,023,326 $ (626,715) -3.5% 36,530,973 36,518,686 12,287 0.0% 53,927,584 54,542,012 (614,428) -1.1% 857,811 882,010 (24,199) -2.7% 559,076 471,205 87,871 18.6% 1,416,887 1,353,215 63,672 4.7% 36,530,973 36,518,686 12,287 0.0% 619,666 - 619,666 0.0% 15,360,058 16,670,111 (1,310,053) -7.9% $ 52,510,697 $ 53,188,797 $ (678,100) -1.3% • Cash, investments, and current assets decreased due to the Town's transferring to the Marin Housing Authority $872,000 of Redevelopment Agency cash and $663,000 in notes receivable. • Capital assets, net accumulated depreciation, increased due to the Town's investment in capital assets exceeding depreciation. • Liabilities increased due to the increase in value of accrued compensated leave. 6 Town of Tiburon Management's Discussion and Analysis General Government Functions A condensed presentation of the Town's Governmental Activities is presented in the following table: Revenue Charge for services General revenue Total revenue Expenses General government Public safety Public works Capital Improvement Projects Total expenses Change in Net Assets Net Assets - beginning Net Assets - end of year June 30 Amount Percent 2011 2010 Change Change $ 2,575,426 $ 2,311,346 $ 264,080 11.4% 6,803,666 6,743,637 60,029 0.9% 9,379,092 9,054,983 324,109 3.6% 4,368,969 3,440,322 928,647 27.0% 2,859,860 2,821,652 38,208 1.4% 1,234,159 1,094,924 139,235 12.7% 1,594,204 1,587,880 6,324 0.4% 10, 057,192 8,944,778 1,112, 414 12.4% (678,100) 110,205 (788, 305) -715.3% 53,188, 797 53, 078, 592 110,205 0.2% $ 52, 510, 697 $ 53,188, 797 $ (678,100) -1.3% • Charge for Services Revenue increased over the previous fiscal year due to grant funding received for capital projects. This was offset by a decrease in planning and building related fees. • General Revenue increased slightly which was a net of increases realized in hotel tax, property transfer tax, fines and forfeitures, and other revenues and decreases recorded in property taxes, gas taxes, and investment earnings. • Total Expenses increased by 12.4 percent or $1.1 million. Of this increase, approximately $880,000 was due to transferring the Redevelopment Agency's Affordable Housing funds to the Marin Housing Authority. This expense was recorded as General Government type expense. FINANCIAL ANALYSIS OF THE GENERAL FUND Revenue The general fund is the main operating fund of the Town. During FY 2011, the Town received general fund operating revenue of $8,403,023, which represents an increase of 14.56 percent over the previous fiscal year. Of this increase 55 percent was due to a one time legal settlement received by the Town. 7 Town of Tiburon Management's Discussion and Analysis The two-year comparison chart below illustrates the revenue categories by revenue source. Two-Year Comparison of General Fund Revenue June 30 Amount Percent 2011 2010 Change Change Revenue Property taxes $ 4,078,464 $ 4,205,295 $ (126,831) -3.0% Other taxes 1,041,977 970,991 70,986 7.3% Franchise fees 509,163 410,133 99,030 24.1% Fines and penalties 168,204 96,707 71,497 73.9% Investment earnings 65,679 89,024 (23,345) -26.2% Intergovernmental 678,386 66,411 611,975 921.5% Licenses and permits 834,747 892,805 (58,058) -6.5% Charge for services 436,739 322,394 114,345 35.5% Other revenue 589,664 281,209 308,455 109.7% 8,403,023 7,334,969 1,068,054 14.6% • The Town began to see improvement in certain types of general fund operating revenue during FY 2011. In particular Transient Occupancy Tax +13.2 percent, Refuse Franchise Fees +10.3 percent, Parking Fines +53.8 percent, Other Fines +120.0 percent. Although the recession was considered officially over in June 2009, the Town is still experiencing negative revenue growth in Property Taxes - 3.0 percent and Building and Planning relates revenues -8.7 percent. • By far the largest, and perhaps most stable general fund revenue source comes from property taxes. Property taxes represented 48.5 percent of all general fund revenue in FY 2011. Other Taxes represented the second largest general fund revenue source accounting for 12.5 percent of overall revenue. Licenses and permits fell to the third largest general fund revenue category in FY 2010 and remains in that position in FY 2011, accounting for 9.9 percent of all general fund revenue. Expenditures General fund expenditures decreased by slightly over $1 million over FY 2010. A majority of this reduction is directly related to expenses incurred last fiscal year related to the Del Mar Utility Undergrounding litigation. With the resolution of this five year legal case, the Town should now return to a normal operating expenditure pattern. 8 Town of Tiburon Management's Discussion and Analysis The two-year comparison chart below illustrates the expenditure categories by department. Two-Year Comparison of General Fund Expenditures June 30 Amount Percent 2011 2010 Change Change Expenditures General administration $ 1,180,565 $ 2,103,275 $ (922,710) -43.9% Community development 944,949 973,306 (28,357) -2.9% Public safety 2,739,380 2,667,493 71,887 2.7% Public works 1,224,121 1,190,724 33,397 2.8% Town council & commissions 32,099 32,211 (112) -0.3% Non-departmental 347,580 513,055 (165,475) -32.3% Capital improvement projects 733,346 10,050 723,296 7197.0% 7,202,040 7,490,114 (288,074) -3.8% Excess of Revenue over (under) Expenditures $ 1,200,983 $ (155,145) $ 1,356,128 -874.1% • Because of the nature of public safety being a 24/7 operation, it represents 35.6 percent of all general fund expenditures. General Administration represents 16.4 percent; Community Development 13.1 percent; and Pubic Works 17.0 percent. • In FY 2011, the Town began an aggressive Capital Improvement Program which expended three-quarters of million dollars of General Fund Reserves for roadways and streets. Analysis of Governmental Funds The following schedule presents a two-year comparison of the combined Governmental Funds revenue and expenditures for FY 2011 and 2010 and the amount of increase or decrease. 9 Town of Tiburon Management's Discussion and Analysis June 30 Amount Percent 2011 2010 Change Change Revenue Property Taxes $ 4,078,464 $ 4,205,295 $ (126,831) -3.0% Other Taxes 1,334,746 1,311,716 23,030 1.8% Franchise Fees 509,163 410,133 99,030 24.1% Fines and Forfeitures 168,204 96,707 71,497 73.9% Interest Earnings 92,070 128,907 (36,837) -28.6% Intergovernmental 811,158 446,621 364,537 81.6% License and Permits 834,747 892,805 (58,058) -6.5% Other Revenue 929,521 507,399 422,122 83.2% Charge for Services 740,852 1,055,400 (314,548) -29.8% Totals 9,498,925 9,054,983 443,942 4.9% Expenditures General Administration Community Development Public Safety Public Works Legislative Non-Departmental Capital Projects Totals Excess of Revenue over (under) Expenditures 3,069,389 945,899 2,864,285 1,240,796 39,286 347,580 1,594,204 10,101,439 2,181,296 1,281,432 2,897,763 1,209,090 35,371 513,055 1,587,880 9,705,887 888,093 (335, 533) (33,478) 31,706 3,915 (165,475) 6,324 395.552 $ (602,514) $ (650,904) $ 48,390 ECONOMIC OUTLOOK AND NEXT YEAR'S BUDGET 40.7% -26.2% -1.2% 2.6% 11.1% -32.3% 0.4% 4.1% -7.4% For the past three fiscal years, the Town of Tiburon has experienced negative impacts on revenue as a result of the "Great Recession" which began in late 2007. General fund revenue has decreased by approximately $1 million during this time. Staff believes that when we look back at FY 2011 it will represent the year the Town began to see a slow recovery in revenue. Fortunately, the Town Council was quick to respond to this downturn and stay ahead of revenue declines by reducing operating expenditures accordingly and significantly reducing unfunded liabilities associated with pensions and other post employment benefits. With the combination of increasing revenue and lowered costs associated with salaries and benefits, the Town will emerge from the most significant economic event since the Great Depression in a better financial position than many other local agencies throughout the County and State. 10 Town of Tiburon Management's Discussion and Analysis The Town continues to have a healthy long-term financial position. The citizens of the Town are fortunate that they are able to enjoy the same level of service they have received during prosperous financial times, and that vital Town infrastructure continues to be maintained and improved. The short-term outlook may present additional financial challenges as the national, state, and local economies begin to recover from a deep and lengthy downturn. Staff continues to closely monitor its revenue sources and expenses accordingly. CONTACTING THE TOWN'S FINANICAL MANAGEMENT This financial report is designed to provide the citizens, taxpayers, customers, investors, and creditors of the Town of Tiburon with a general overview of the Town's finances and to demonstrate the Town's accountability for the money it receives. If you have questions about this report or need additional information, contact the Town of Tiburon, Administrative Services Department, 1505 Tiburon Boulevard, Tiburon, CA 94920. As prepared by the Town's Management 11 GOVERNMENT-WIDE FINANCIAL STATEMENTS TOWN OF TIBURON Government-wide Financial Statements Statement of Net Assets June 30, 2011 ASSETS Cash and investments Interest receivable Other receivables Notes receivable Capital assets, net Total Governmental Activities $ 16,226,973 22,482 315,596 831,560 36,530,973 Total Assets 53,927,584 LIABILITIES Accounts payable 343,974 Accrued liabilities 269,704 Deposits 244,133 Compensated absences 559,076 Total Liabilities 1,416,887 NET ASSETS Invested in capital assets 36,530,973 Restricted 619,666 Unrestricted 15,360,058 Total Net Assets $ 52,510,697 The accompanying notes are an integral part of these financial statements 12 TOWN OF TIBURON Government-wide Financial Statements Statement of Activities Year Ended June 30, 2011 Functions/Programs Expenses Governmental Activities: General government Public safety Public works Capital improvements Totals $ 4,368,969 $ 405,620 $ 101,770 $ 576,616 $ (3,284,963) 2,859,860 62,089 100,000 - (2, 697, 771) 1,234,159 510,347 16,544 16,228 (691,040) 1,594,204 786,212 - - (807,992) $ 10,057,192 $ 1,764,268 $ 218,314 $ 592,844 (7,481,766) Program Revenue Net (Expense) Charges Revenue and for Operating Capital Change in General Revenue Property taxes Sales tax Measure A sales tax Transit occupancy tax Gasoline taxes Property transfer taxes Franchise fees Fines and forfeitures Investment earnings Other revenue Total General Revenue Change in Net Assets Net Assets - beginning Net Assets - end of year 4,078,464 449,473 71,962 471,078 220,807 121,426 509,163 168,204 92,070 621,019 6,803,666 (678,100) 53,188, 797 $ 52,510,697 The accompanying notes are an integral part of these financial statements 13 FUND FINANCIAL STATEMENTS TOWN OF TIBURON Balance Sheet Governmental Funds June 30, 2011 Street Other Total General Impact Governmental Governmental ASSETS Fund Fund Funds Funds Cash and investments $ 11,347,175 $ 2,104,566 $ 2,775,232 $ 16,226,973 Interest receivable - 20,574 1,908 22,482 Other receivables 287,991 - 27,605 315,596 Due from other funds 37,939 - - 37,939 Notes receivable 800,000 - 31,560 831,560 Total Assets $ 12,473,105 $ 2,125,140 $ 2,836,305 $ 17,434,550 LIABILITIES Accounts payable $ 272,088 $ 55,995 $ 15,891 $ 343,974 Accrued liabilities 269,704 - - 269,704 Deposits 234,533 - 9,600 244,133 Due to other funds - - 37,939 37,939 Total Liabilities 776,325 55,995 63,430 895,750 FUND BALANCES Nonspendable 800,000 - - 800,000 Restricted - - 619,666 619,666 Committed 2,517,695 2,069,145 1,973,249 6,560,089 Assigned 6,081,688 - 177,905 6,259,593 Unassigned 2,297,397 - 2,055 2,299,452 Total Fund Balances 11,696,780 2,069,145 2,772,875 16,538,800 Total Liabilities and Fund Balances $ 12,473,105 $ 2,125,140 $ 2,836,305 $ 17,434,550 The accompanying notes are an integral part of these financial statements 14 TOWN OF TIBURON Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Assets June 30, 2011 Fund Balances - Total Governmental Funds (page 14) Amounts reported for governmental activities in the statement of net assets are different because: Capital Assets Capital assets used in governmental activities are not financial resources and therefore are not reported in the Governmental Funds Balance Sheet: Governmental capital assets Less: accumulated depreciation Long-term Debt Obligations Long-term liabilities are not due and payable in the current period and therefore are not reported in the Governmental Funds Balance Sheet: Compensated absences Net Assets of Governmental Activities (page 12) $ 61, 344, 812 (24,813,839) The accompanying notes are an integral part of these financial statements $ 16, 538, 800 36,530,973 (559,076) $ 52,510,697 15 TOWN OF TIBURON Statement of Revenue, Expenditures, and Change in Fund Balances Governmental Funds Year Ended June 30, 2011 REVENUE Property taxes Other taxes Franchise fees Fines and forfeitures Investment earnings Intergovernmental and agency Licenses and permits Charges for services Other revenue Total Revenue Street General Impact Fund Fund $ 4,078,464 $ - 1,041,977 - 509,163 - 168,204 - 65,679 9,708 678,386 - 834,747 - 436,739 474,229 589,664 - 8,403,023 483,937 Other Governmental Funds Total Governmental Funds EXPENDITURES Current - Town administration Community development Public safety Public works Legislative boards/commissions Non-departmental Capital improvement projects Total Expenditures Excess (Deficiency) of Revenue Over (Under) Expenditures OTHER FINANCING SOURCES Operating transfers in Operating transfers (out) Total Other Financing Sources $ - $ 4,078,464 292,769 1,334,746 - 509,163 - 168,204 16,683 92,070 132,772 811,158 - 834,747 18,553 929,521 151,188 740,852 611,965 9,498,925 1,180,565 - 1,888,824 3,069,389 944,949 - 950 945,899 2,739,380 - 124,905 2,864,285 1,224,121 - 16,675 1,240,796 32,099 - 7,187 39,286 347,580 - - 347,580 733,346 425,116 435,742 1,594,204 7,202,040 425,116 2,474,283 10,101,439 1,200,983 58,821 (1,862,318) (602,514) 255,612 - - 255,612 (255,612) - - (255,612) Change in Fund Balances 1,200,983 58,821 (1,862,318) (602,514) Fund Balances - beginning 10,495,797 2,010,324 4,635,193 17,141,314 Fund Balances - end of year $ 11,696,780 $ 2,069,145 $ 2,772,875 $ 16,538,800 The accompanying notes are an integral part of these financial statements 16 TOWN OF TIBURON Reconciliation of the Statement of Revenue, Expenditures, and Change in Fund Balances of Governmental Funds to the Statement of Activities Year Ended June 30, 2011 Net Change in Fund Balances - Total Governmental Funds (page 16) Amounts reported for governmental activities in the statement of net assets are difference because: Capital Assets Capital outlay is an expenditure in the government funds financial statements, but the costs of those assets is allocated over their estimated useful lives and reported as depreciation expense in the Statement of Activities. Capital outlay Depreciation expense and write downs Long Term Debt Long-term compensated absences are reported in the Government-wide Statement of Activities, but they do not require the use of current financial resources. The program expenses are adjusted for the current year net change. Change in Net Assets of Governmental Activities (page 13) The accompanying notes are an integral part of these financial statements $ (602,514) 1,178,635 (1,166,350) (87,871) $ (678,100) 17 TOWN OF TIBURON Statement of Fiduciary Assets and Liabilities Agency Funds June 30, 2011 ASSETS Tiburon Public Facilities Del Mar Stewart Lyford Other Peninsula Total Financing Valley Drive Cove Assessment Library Agency Authority A/D A/D A/D Districts JPA Funds Cash and investments $ 74,921 $ 5,054,621 $ 76,846 $ 879,227 $ 205,656 $ 114,687 $ 6,405,958 Cash held by trustee 192,999 - 103,868 - - - 296,867 Receivables: - Special assessments - - 1,195,000 - 284,000 - 1,479,000 Other receivables 422 12,322 2,211 1,036 1,474 10,049 27,514 Total Assets $ 268,342 $ 5,066,943 $ 1,377,925 $ 880,263 $ 491,130 $ 124,736 $ 8,209,339 LIABILITIES Accounts payable Special assessment commitments Held in trust Total Liabilities $ - $ 17,745 $ - $ 11,910 $ - $ 124,684 $ 154,339 - - 1,195,000 - 284,000 - 1,479,000 268,342 5,049,198 182,925 868,353 207,130 52 6,576,000 $ 268,342 $ 5,066,943 $ 1,377,925 $ 880,263 $ 491,130 $ 124,736 $ 8,209,339 The accompanying notes are an integral part of these financial statements 18 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 The notes to the financial statements include a summary of significant accounting policies and other notes considered essential to fully disclose and fairly present the transactions and financial position of the Town as follows: Note 1 - Defining the Financial Reporting Entity Note 2 - Summary of Significant Accounting Policies Note 3 - Stewardship, Compliance and Accountability Note 4 - Cash and Investments Note 5 - Notes Receivable Note 6 - Capital Assets Note 7 - Long Term Obligations Note 8 - Special Assessment District Bond Obligations Note 9 - Interfund Transfers Note 10 - Defined Benefit Pension Plan (CaIPERS) Note 11 - Postemployment Benefits Other Than Pensions Note 12 - Commitments and Contingencies Note 13 - Risk Management Note 14 - Subsequent Events Note 15 - New Pronouncements Note 16 - Net Assets and Fund Balance Designations 19 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 1- Defining the Financial Reporting Entity The Town of Tiburon (the Town) was incorporated in 1964 under the laws of the State of California. Tiburon operates under a Council-Manager form of government. The Town provides municipal services to its citizens including police, public works, community development and general administrative support. These financial statements present the financial status of the Town and its component units. The component units are discussed in the following paragraphs and are included in the Town's reporting entity because the Town is financially accountable for their operations. The Tiburon Redevelopment Agency (the Agency) was established by the Town as a separate legal entity in accordance with state law. The purpose of the Agency was to encourage new investment and reinvestment within legally designated redevelopment areas in partnership with property owners. At June 30, 2011 the Agency had dissolved and divested itself of all assets, liabilities and fund balance. The Tiburon Public Facilities Financing Authority (the Authority) was established in 1990 pursuant to a joint powers agreement between the Town and the Agency to assist in the clearance and rehabilitation of areas determined to be in a declining condition in the Town. Although the component units are legally separate from the Town, they are reported on a blended basis as part of the primary government because their boards consist of members of the Town Council. The component unit financial statement of the Agency may be obtained from the Town. The Town participates in three (3) joint power agencies through formally organized and separate entities. The financial activities of the Belvedere-Tiburon Joint Recreation Committee, the Bay Cities Joint Powers Insurance Authority ("BCJPIA") and the Association of Bay Area Governments ("ABAG") are not included in the accompanying financial statements, because they are administered by governing boards which are separate from and independent of the Town. Note 2 - Summary of Significant Accounting Polices The accounting policies of the Town conform to accounting principles generally accepted in the United States of America as applied to governmental agencies. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The more significant accounting policies of the Town are described below: A. Basis of Presentation In June 1999, the GASB issued Statement No. 34, Basic Financial Statements and Management's Discussion and Analysis for State and Local Governments. GASB Statement No. 34 is effective in three phases based on the public institution's total annual revenue in the fiscal year ending after June 15, 1999. The Town adopted the provisions of this statement along with GASB Statement No. 37, Basic Financial Statements and Management's Discussion and Analysis for State and Local Governments: Omnibus (an amendment to GASB Statements No. 21 and No. 34), as of July 1, 2003. In June 2001, GASB issued Statement No. 38, Certain Financial Statement Note Disclosures, to revaluate certain existing disclosure requirements in the context of reporting model statement No. 34. The Town adopted the provisions of Statement No. 38 as of July 1, 2003. 20 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 2 - Summary of Significant Accounting Polices The Financial Statement presentation, required by GASB Statements No. 34, 37, and 38 provides a comprehensive, entity-wide perspective of the Town's assets, liabilities, and replaces the fund-group perspective previously required. The Town now follows the "primary government's governmental activities" reporting requirements of GASB No. 34 that provides a comprehensive one-line look at the Town's financial activities. B. Government-wide and Fund Financial Statements The government-wide financial statement reports information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements. Governmental activities, which normally are supported by taxes and intergovernmental revenue, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenue. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenue includes (1) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment and (2) grants and contributors that are restricted to meeting the operational or capital requirements of a particular function or segment taxes, and other items not properly included among program revenue, are reported instead as general revenue. The accounts of the Town are organized on the basis of funds. The operations of each fund are accounted for with a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenue, and expenditures or expenses, as appropriate. Government resources are allocated to, and accounted for, in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled. In the fund financial statements in this report, the various funds are grouped into six generic funds within three broad fund types. They are as follows: Governmental Funds The General Fund is the general primary operating fund of the Town. It is used to account for all financial resources except those required to be accounted for in another fund. Fund Accounting Special Revenue Funds are used to account for the proceeds of specific revenue sources (other than special assessments, expendable trusts or major capital projects) that are legally restricted to expenditures for specific purposes. Capital Projects Funds are used to account for revenue and expenditures restricted to the acquisition or construction of major capital facilities (other than those financed by Proprietary or Trust funds). Debt Service Funds are used to account for the accumulation of resources for, and the payment of, governmental fund long-term debt, both principal and interest. 21 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 2 - Summary of Significant Accounting Policies Fiduciary Funds Agency Funds are used to account for assets administered by the Town in a trustee capacity or as an agent for other governments, primarily assessment districts. Agency Funds are custodial in nature (assets equal liabilities), and do not involve measurement of results of operations. C. Basis of Accounting and Measurement Focus Basis of accounting refers to when revenue and expenditures or expenses are recognized in the accounts and reported in the financial statements. Basis of accounting relates to the timing of measurement made, regardless of the measurement focus applied. The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenue is recorded when earned and expenses are recorded when a liability is incurred regardless of the timing of related cash flows. Property taxes are recognized as revenue in the year for which they are levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements have been met. In the fund financial statements, all Governmental Funds and Agency Funds are accounted for using the modified accrual basis of accounting. Revenue is recognized when it becomes both measurable and available to finance the expenditures of the current period (susceptible to accrual). Major revenue sources susceptible to accrual include substantially all property taxes, taxpayer-assessed taxes (such as sales and use, utility users, business license, transient occupancy, franchise fees and gas taxes), interest, special assessments levied, state and federal grants and charges for current services. Revenue from licenses, permits, fines and forfeits is recorded as received. Expenditures are recorded when the related fund liability is incurred. Fiduciary Fund revenue and expenses or expenditures (as appropriate) are recognized on the basis consistent with the fund's accounting measurement objective. All Governmental Funds are accounted for using a current financial resources measurement focus. This means that only current assets and current liabilities are generally included on their balance sheets. Their reported fund balance (net current assets) is considered a measure of "available spendable resources." Governmental Fund operating statements present increases (revenue and other financing sources) and decreases (expenditures and other financing uses) in net current assets. Accordingly, they present a summary of sources and uses of "available spendable resources" during a period. The government-wide financial statement is accounted for on a flow of economic resources measurement focus. This means that all assets and all liabilities (whether current or noncurrent) associated with their activity are included on their statement of net assets. Private sector standards of accounting and financial reporting issued prior to December 1, 1989, generally are followed in the government-wide financial statements to the extent that those standards do not conflict with or contradict guidance of the Governmental Accounting Standards Board. D. Cash and Investments Cash and investments held in the Town's investment pool are reported as cash and investments since funds can spend cash at any time without prior notice or penalty. All investments with fiscal agents are also considered cash equivalents if they are liquid. Investments are stated at fair value. 22 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 2 - Summary of Significant Accounting Policies E. Use of Estimates Financial statement preparation in conformity with accounting principles generally accepted in the United States of America requires the use of estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenditures/expenses during the reporting period. Actual results could differ from those estimates. F. Receivables and Payables Property, sales, and use taxes related to the current fiscal year are accrued as revenue and accounts receivable and considered available if received within 60 days of year end. Federal and State grants are considered receivable and accrued as revenue when reimbursable costs are incurred under the accrual basis of accounting in the government-wide statement of net assets. The amount recognized as revenue under the modified accrual basis of accounting is limited to the amount that is deemed measurable and available. The Town considers these taxes available if they are received during the period when settlement of prior fiscal year accounts payable and payroll charges normally occur. Grants, entitlements or shared revenues are recorded as receivables and revenue in the General, Special Revenue and Capital Projects Funds when they are received or susceptible to accrual. Balances representing lending/borrowing transactions between funds outstanding at the end of the fiscal year are reported as either "due to/due from other funds" (amounts due within one year), "advances to/from other funds" (non-current portions of interfund lending/borrowing transactions), or "loans to/from other funds" (long-term lending/borrowing transactions as evidenced by loan agreements). Advances and loans to other funds are offset by a fund balance reserve in applicable Governmental Funds to indicate they are not available for appropriation, and are not expendable available financial resources. G. Allowance for Doubtful Accounts Management has elected to record bad debts using the direct write-off method. Accounting principles generally accepted in the United States of America require that the allowance method be used to reflect bad debts. However, the effect of the use of the direct write-off method is not materially different from the results that would have been obtained had the allowance method been followed. H. PropertTjL Taxes Property taxes - Article XIII of the California Constitution (Proposition 13) limits ad valorem taxes on real property to one percent of value plus taxes necessary to pay indebtedness approved by voters prior to July 1, 1978. The Article also established the 1975/76 assessed valuation as the base and limits annual increases to the cost of living, not to exceed two percent, for each year thereafter. Property may also be reassessed to full market value after a sale, transfer of ownership, or completion of new construction. The State is prohibited under the Article from imposing new ad valorem, sales, or transaction taxes on real property. Local government may impose special taxes (except on real property) with the approval of 66.67% of the qualified electors. All property taxes are collected and allocated by the County of Marin to the various taxing entities. Property taxes are determined annually as of January 1 and attach as an enforceable lien on real property as of July 1. Taxes are due November 1 and February 1, and are delinquent if not paid by December 10 and April 10, respectively. 23 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 2 - Summary of Significant Accounting Policies 1. Capital Assets Capital assets are reported in the government-wide statement of net assets. Capital assets are stated at historical cost, when available and at estimated replacement cost when original cost was not available. Donated assets are stated at estimated market value at date of donation. The Town's policy is to capitalize all capital assets with costs exceeding a minimum threshold of $5,000. Depreciation is recorded using the straight-line method over the estimated useful lives of the assets, which range from five to forty years. J. Compensated Absences Compensated absences represent the vested portion of accumulated vacation and sick leave. The Town's method of calculating the liability is in accordance with GASB Statement No. 16, except that additional accruals for salary-related payments associated with the payment of compensated absences, for example, the employer's share of pension contributions, social security and medicare taxes, have not been accrued as that amount is not considered significant or material to the financial statements taken as a whole. In governmental fund types, the cost of vacation and sick leave benefits is recognized when payments are made to employees. Upon termination, 100% of vacation leave is paid. K. Long Term Obligations In the government-wide financial statements, long term debt and other long term obligations are reported as liabilities in the applicable statement of net assets. Bond premiums, issuance costs and discounts are deferred and amortized over the life of the bond. In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. The Town did not have any long term obligations during the year. .L. Net Assets and Fund Balances The Town's net assets are classified as follows on the government-wide statement of net assets: Invested in capital assets, net of related debt - represents the Town's total investment in capital assets reduced by any outstanding debt used to acquire these assets. Restricted net assets - includes resources that the Town is legally or contractually obligated to spend in accordance with restrictions imposed by external third parties. Unrestricted net assets - represents resources derived from sources without spending restrictions, are used for transactions relating the general operations of the Town, and may be used at the discretion of those charged with governance to meet current expenses or obligations for any purpose. Fund balance designations are classified on the governmental funds balance sheet as follows: Nonspendable - amounts that cannot be spent because they are either (a) legally or contractually required to be maintained intact or (b), not in spendable form such as long term notes receivable. Restricted - amounts that can be spent only for the specific purposes stipulated by constitution, external resource providers, or through enabling legislation. Committed - amounts that can be used only for the specific purposes determined by a formal action of the Town Council, to establish, modify or rescind a fund balance commitment. 24 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 2 - Summary of Significant Accounting Policies (concluded) • Assigned - amounts that are constrained by the government's intentto be used for specific purposes but do not meet the criteria to be classified as restricted or committed, as determined by a formal action or policy of the Town Council or its appointed official. • Unassigned - the residual classification for the government's general fund and includes all spendable amounts not contained in the other classifications. M. Maior Funds In accordance with GASB Stmt. No. 34, the Town reports the following major funds: (1) its main operating fund (the general fund) and (2) its Street Impact Fund. The combining balance sheets, and combining statements of revenue, expenditures, and change in fund balance statements of non-major funds are included in the Other Supplementary Information section of this report. Note 3 - Stewardship, Compliance and Accountability Budgetary Information The Town follows these procedures annually in establishing the budgetary data reflected in the financial statements: 1. The Town Manager submits to the Town Council a proposed draft budget for the fiscal year commencing the following July 1. The budget includes proposed expenditures and the means of financing them. 2. The Town Council reviews the proposed budget at special scheduled sessions which are open to the public. The Council also conducts a public hearing on the proposed budget to obtain comments from interested persons. 3. Prior to July 1, the budget is adopted through the passage of a resolution. 4. From the effective date of the budget, which is adopted and controlled at the department level, the amounts stated therein as proposed expenditures become appropriations to the various Town departments. The Town Council may amend the budget by resolution during the fiscal year. The Town Manager may authorize transfers from one object or purpose to another within the same department, and between departments within the General Fund. All appropriations lapse at year end. Economic Dependency In fiscal year 2010-11 the Town received 43% of it total revenue from one source, property taxes. Any reduction in assessed property values or reductions in the Town's property tax share due to the State's budget crisis could have serious consequences to the Town's operating budget. 25 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 4 - Cash and Investments The Town follows the practice of pooling cash and investments of all funds except for restricted funds required to be held by outside custodians, fiscal agents or trustees under the provisions of bond indentures. Cash and investments as of June 30, 2011 are classified in the accompanying financial statements as follows: Statement of Net Assets cash and investments $ 16,226,973 Statement of Fiduciary Net Assets cash and investments 6,405,958 cash investments with fiscal agent 296,867 $ 22,929,798 Cash and Investments are comprised of the following: Deposits with financial institutions: money market mutual funds $ 250,000 checking accounts 215,635 Investment with Local Agency Investment Fund 20,141,501 Investment in Certificates of Deposit (CDARS) 2,025,795 Investment in US Treasuries 296,867 $ 22,929,798 Investment in State Investment Pool The Town is a voluntary participant in the Local Agency Investment Fund (LAIF) that is regulated by the California Government Code under the oversight of the Treasurer of the State of California. The fair value of the Town's investment in this pool is reported in the accompanying financial statements at amounts based upon the Town's pro-rata share of the fair value provided by LAIF for the entire LAIF portfolio (in relation to the amortized cost of that portfolio). The balance available for withdrawal is based on the accounting records maintained by LAIF, which are recorded on an amortized cost basis. Annual reports of the Local Agency Investment Fund may be obtained from the California Treasurer's web site at www.treasurer.ca.gov. Disclosures Relating to Interest Rate Risk Interest rate risk is the risk that changes in market interest rates will adversely affect the fair value of an investment. Generally, the longer the maturity of an investment, the greater the sensitivity of its fair value to changes in market interest rates. Information about the sensitivity of the fair values of the Town's investments to market interest rate fluctuations is provided by the following table that shows the maturity date and yield of each investment: Maturity / Yield State investment pool (LAIF) $ 20,141,501 7.9 months average maturity, 0.495% yield Certificates of deposit* 2,025,795 100 days, 0.459% yield (4 week renewals) US Treasuries 296,867 due on demand, 0.0% yield Money market mutual funds 250,000 due on demand, 0.5% yield * invested in 20 separate banks, all with deposits under $250,000 each. Disclosures Relating to Credit Risk Generally, credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. LAIF does not have a rating provided by a nationally recognized statistical rating organization. 26 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 4 - Cash and Investments (continued) Concentration of Credit Risk The investment policy of the Town contains limitations on the amount that can be invested in any single issuer as follows: 5% for negotiable certificates of deposit and commercial paper, 15% for money market funds, 20% for federal agencies and U.S. GSEs, and no limit for U.S. Treasury Securities, and LAIF. There are no investments in any single issuer that represent 5% or more of total Town investments. Nearly 87% of the Town's cash and investments at year end were invested in LAIF. Custodial Credit Risk Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The California Government Code and the Town's investment policy do not contain legal or policy requirements that would limit the exposure to custodial credit risk for deposits, other than the following provision for deposits: "the California Government Code requires that a financial institution secure deposits made by state or local governmental units by pledging securities in an undivided collateral pool held by a depository regulated under state law (unless so waived by the governmental unit). The market value of the pledged securities in the collateral pool must equal at least 110% of the total amount deposited by the public agencies." California law also allows financial institutions to secure Town deposits by pledging first trust deed mortgage notes having a value of 150% of the secured public deposits. At June 30, 2011 the Town had $-0- that was not covered by depository insurance but collateralized -by either marketable securities, first trust deed mortgage notes, or a combination of both. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty (e.g., broker-dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The California Government Code and the Town's investment policy do not contain legal or policy requirements that would limit the exposure to custodial credit risk for investments. With respect to investments, custodial credit risk generally applies only to direct investments in marketable securities. Custodial credit risk does not apply to a local government's indirect investment in securities through the use of mutual funds or government investment pools (such as LAIF). Note 5 - Notes Receivable Notes receivable consist of the following as of June 30, 2010: Current Employee Former Employee $ 800,000 31,560 $ 831,560 Current Employee In conjunction with the October 2006 employment agreement between the Town of Tiburon and the Town Manager, the Town provided a second mortgage secured by a deed of trust on the Manager's primary residence in the amount of $800,000. The loan is payable in monthly installments of interest only, and bears interest at the LAIF rate, up to a maximum annual rate of 5.5%. The loan shall be fully due and payable when (1) the property for which the loan is made is no longer the employee's primary residence, or (2) within six months of the employee's termination of employment. At June 30, 2011 the principal outstanding on the loan was $800,000. This amount is recorded as a note receivable in the Town's general fund. Former Employee In June 1987, the Town loaned $89,500 to the then Assistant Town Clerk for the purpose of assisting with the purchase of a low-to-moderate income residence in Tiburon. Under terms of the note collateralized by a first deed of trust, the debt is payable in monthly installments including interest at 5.55% per annum for thirty (30) years. At June 30, 2011, the principal outstanding on the note was $31,560. 27 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 6 - Capital Assets The following is a summary of changes in the Town's Capital Assets as reported in the Governmental-wide financial statements: Additions/ Retirements/ Beginning Completions Adjustments End of Year Non-depreciable Assets: Land Depreciable Assets: Buildings and improvements Furniture and equipment Infrastructure Accumulated depreciation Capital Assets, net $ 4,087,952 $ - $ - $ 4,087,952 5,531,103 194,601 - 5,725,704 2,640,924 126,636 (55,912) 2,711,648 47, 962,110 857,398 - 48, 819, 508 60,222,089 1,178,635 (55,912) 61,344,812 (23,703,403) (1,166,347) 55,912 (24,813,838) $ 36,518,686 $ 12,288 $ - $ 36,530,974 On the statement of activities, depreciation expense and related adjustments was charged to the following functions: general government $916,694, public safety department $122,226, and public works department $183,339. Note 7 - Long Term Obligations Changes in long term obligations for the year ended June 30, 2011 were as follows: Beginning Additions Reductions End of Year Compensated Absences $ 471,205 $ 87,871 $ - $ 559,076 Note 8 - Special Assessment District Bond Obligations The Town acts as an agent for collection of property taxes and repayment of several special assessment improvement bonds issued for assessment districts within the Town boundary limits. Since the Town is not obligated in the event of any manner for these special assessment bonds, the debt is not recorded in these financial statements. The outstanding balance of Special Assessment Districts' bond obligations at June 30, 2011 was as follows: Tiburon Public Facilities Financing Authority 1996 Bonds Via Capistrano District 1990-1 Bonds Del Mar Valley Utility Underground Bonds Del Mar Valley District 2010 Bonds Steward Drive District 2001 Bonds Lyford Cove Utility Underground District 2005-01 Bonds Lyford Cove Utility Underground District 2005-02 Bonds Lyford Cove Utility Underground District 2005 Supplemental Bonds $ 65,000 67,000 2,850,000 1,962,600 1,145, 000 3,390,000 173,415 1,992,561 28 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 9 - Interfund Transfers Operating interfund transfers comprise the following: Fund Other Postemployment Benefits Reserve Capital Outlay Reserve Technology Fund Reserve General Fund No. 101 Transfers In Transfers Out $ 78,012 $ - 122,200 - 55,400 - - 255,612 $ 255,612 $ 255,612 Note 10 - Defined Benefit Pension Plan Plan Description The Town of Tiburon contributes to the California Public Employees Retirement System (CalPERS), an agent multiple-employer public employee defined benefit pension plan. CalPERS provides retirement and disability benefits, annual cost-of-living adjustments, and death benefits to plan members and beneficiaries. CalPERS acts as a common investment and administrative agent for participating public entities within the State of California. Benefit provisions and all other requirements are established by state statute and Town ordinance. Copies of CalPERS annual financial report may be obtained from their Executive Office, 400 "P" Street, Sacramento, California 95814. Funding Status and Progress Non-safety participants are required to contribute 7% of their annual covered salary, while public safety employees are required to contribute 9% of their annual covered salary. The Town made the contributions required of Town employees on their behalf and for their account in FY 2009-10. Starting July 1, 2010 Town employees started making their "employee" share of plan contributions. The Town is required to contribute at an actuarially determined rate. The contribution requirements of plan members and the Town are established and may be amended by CALPERS. The current 2010-11 year employer rate was 10.748% for non-public safety employees (miscellaneous plan) and 18.941 % for public safety employees (safety plan). The 2011-12 year employer rate is 11.776% for non-public safety employees and 23.995% for public safety employees. Annual Pension Cost The Town's annual pension cost of $767,255 for CalPERS was equal to the Town's required and actual contributions of $488,894, and the employee share of $278,361. The required FY 2010-11 contributions were determined as part of the June 30, 2008 actuarial valuations using the "entry age actuarial cost method." The actuarial assumptions included: ➢ a 7.75% investment rate of return (net of administrative expenses). ➢ projected salary increases of 3.25% to 14.45% depending on age, service, and type of employment. ➢ an inflation rate of 3.0%. ➢ a payroll growth rate of 3.25%. ➢ individual salary growth merit scale varying by duration of employment coupled with an assumed annual inflation growth rate of 3.0% and an annual production growth of 0.25%. 29 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 10 - Defined Benefit Pension Plan (continued) The actuarial value of CalPERS assets was determined using techniques that smooth the effects of short- term volatility in the market value of investments over a fifteen-year period (smoothed market value). The Schedule of Funding Progress on page 37 shows that both plans had unfunded liabilities as of June 30, 2010. Information for the year ending June 30, 2011 has not been released by the CalPERS Plan Actuary. Historical trend information Three-year trend information gives an indication of the progress made in accumulating sufficient assets to pay benefits when due: Fiscal Year Combined Annual Percentage of Net Pension Ended June 30, 2009 June 30, 2010 June 30, 2011 Pension Cost (APC) APC Contributed Obligation $738,841 100% $-0- $730,498 100% $-0- $767,255 100% $_0_ Note 11- Postemployment Benefits Other Than Pensions (OPEB) Plan Description The Town provides retiree medical benefits to employees who retire from the Town at age 50 or later with at least 5 years of service and are eligible for a CalPERS pension. Eligible retirees are entitled to the minimum CalPERS medical benefit, which is $97 per month starting in year 2008. The amount is expected to increase annually. This benefit continues for the life of the retiree and then for the life of a surviving spouse, as applicable. In addition, retirees with 15 or more years of Town service are eligible to receive a monthly benefit based on the monthly premium charged by CalPERS for Kaiser Permanente medical insurance at the single person rate, which was $471 in year 2008. The benefit amount increases with years of service, as follows: 15-19 years of service 50% 20-24 years of service 75% 25 or more years of service 100% The amounts are paid directly to retirees, are fixed at retirement, and do not increase in subsequent years. The benefit amount does not decrease at age 65 even though Kaiser premiums may decrease at that age. The benefit continues for the life of the retiree but does not continue to a surviving spouse. Retirees may select any retiree medical plan offered by CalPERS, including spouse or family coverage, but must incur the cost of the premiums exceeding the above benefits. Funding Policy The Town is currently funding the OPEB plan on a pay-as-you-go basis, in the form of annual contributions. Other postemployment benefits paid by the Town for the year totaled $16,594. Annual OPEB Cost and Net OPEB Obligation The Town's annual OPEB cost is calculated based on the annual required contribution (ARC) of the Town, an amount that is actuarially determined in accordance with the parameters of GASB Statement No. 45. The ARC represents a level of funding that, if paid on an ongoing basis, is projected to cover the normal cost each year and amortize any unfunded actuarial liabilities (or funding excess) of the plan over a period not to exceed thirty years. The current ARC rate is 11.8 percent of annual covered payroll. 30 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 11- Postemployment Benefits Other Than Pensions (continued) The following table shows the components of the Town's annual OPEB cost for the year, the amount contributed to the plan, and the changes in the Town's net OPEB obligation as of June 30, 2011, with the most recent unaudited data available: Annual required contribution (ARC) Interest on beginning OPEB liability Adjustments to the ARC Annual OPEB costs Contributions made Increase in net OPEB obligation Net OPEB obligation - beginning of year Net OPEB obligation - end of year $ 304,428 10,409 (10,309) 304,528 (100,972) 203,556 214,309 $ 417,865 Covered payroll (active plan members) UAAL as a percentage of covered payroll $ 2,575,797 70% The Town's annual OPEB cost, the percentage of annual OPEB cost contributed to the plan, and the net OPEB obligation increase was follows: Annual Percentage of OPEB Cost Contributed Net OPEB Obligation Year Ended OPEB Cost Contribution 6/30/2009 $ 263,010 $ 163,782 6/30/2010 $ 281,675 $ 166,594 6/30/2011 $ 304,528 $ 100,972 63% $ 99,228 60% $ 115,081 34% $ 203,556 Funding Status and Progress As of July 1, 2008 - the plan inception date, the plan was -0-% funded. The actuarial accrued liability was $2,157,932 and the actuarial value of assets was $-0-, resulting in an unfunded actuarial accrued liability (UAAL) of $2,157,932. The annual covered payroll was $3,700,000 and the ratio of the unfunded actuarial accrued liability to the annual covered payroll was 58%. Actuarial valuations of an ongoing plan involve estimates of the value of reported amounts and assumptions about the probability of occurrence of events far into future. Examples of these estimates and assumptions include future employment trends, mortality and the health care cost trend. Amounts are determined regarding the funded status of the plan, and the annual required contribution of the employer are subject to the continual revision as actual results are compared with past expectations and new estimates are made about the future. Because this is the first valuation under GASB 45, there is no historical information provided in the Schedule of Funding Progress. The schedule will, in subsequent fiscal years, present multi-yeartrend information that shows whether the actuarial value of plan assets is increasing or decreasing over time relative to the AAL for benefits. Actuarial Methods and Assumptions Projections of benefits for financial reporting purposes are based on the substantive plan (the plan as understood by the employer and the plan members) and include the types of benefits provided at the time of each valuation and the historical pattern of sharing benefits costs between the employer and the plan members to that point. The actuarial methods and assumptions used include techniques that are designed to reduce the effects of short-term volatility in actuarial accrued liabilities and the actuarial value of assets, consistent with the long term perspective of calculations. 31 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 11 - Postemployment Benefits Other Than Pensions (cgncluded) In the July 1, 2008 actuarial valuation, the Entry Age Normal Method was used. The actuarial assumptions utilized a 4.0% discount rate and a Medical Premium Trend Rate of 8.5%% beginning January 1, 2009. The UAAL is being amortized as a level percentage of projected payrolls on an open basis. The remaining amortization period at June 30, 2010 was 28 years. Note 12 - Commitments and Contingencies The Town receives funding from a number of federal, state and local grant programs. These programs are subject to financial and compliance review by grantors. Accordingly, the Town's compliance with applicable grant requirements will be determined at some future date. Expenditures, if any, which may be disallowed by the granting agencies cannot be determined at this time. The Town does not expect the undeterminable amounts of disallowed expenditures, if any, to materially affect the financial statements. Receipt of these federal, state and local grant revenue is not assured in the future. On November 5, 1996, California voters approved Proposition 218 which limited the ability of the state's local governments to impose, increase, and extend taxes, assessments, and fees. This applies to all taxes, assessments, and fees enacted or increased on or before January 1, 1995. The Town follows the required procedures for proposing new assessments, taxes, and fees into conformity with this law. Note 13 - Risk Management General liability The Town participates in the Association of Bay Area Governments (ABAG Plan), a Joint Exercise of Power Agency. The ABAG Plan provides the Town with coverage for general liability, excess liability, public official bond, property, and crime insurance, with various deductibles. For those liability claims below $50,000 per occurrence, the Town is self-insured. ABAG Plan members may receive rebates when so declared by ABAG, or in the event excess liability claims exceed available resources members may be required to make additional contributions. The Town's contribution to the ABAG Plan for the fiscal year ended June 30, 2011 was $80,176. The ABAG Plan is a self-insured, risk-sharing pool comprised of 31 member local agencies and cities in the San Francisco-Oakland Metropolitan Bay Area. The governing body includes one person from each member Town or town, with an annual election for the executive committee positions. Financial statements may be obtained from ABAG, Post Office Box 2050, Oakland, California 94604. Workers' compensation The Town participates in a joint powers agreement through the Bay Cities Joint Powers Insurance Authority (BCJPIA). The Town currently reports all of its workers' compensation related risk management activities in its General Fund (self-insurance reserve). Claim expenditures and liabilities are reported when it is probable that a loss has occurred and the amount of that loss can be reasonably estimated. The Town currently reports all of its risk management activities in its General Fund. Claims expenditures and liabilities are reported when it is probable that a loss has occurred and the amount of that loss can be reasonably estimated. For the fiscal year ended June 30, 2011, the Town paid $72,623 for workers compensation coverage. 32 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 13 - Risk Management (continued) BCJPIA was created as a California Public Agency by an agreement between certain public agencies in the San Francisco Bay Area to provide workers' compensation coverage. BCJPIA is governed by a Board of Directors which is comprised of officials appointed by each member Town, City, District or Agency. The workers' compensation fund is self-insured forthe first $150,000 of loss per accident; excess coverage policy is provided by an outside insurance carrier up to statutory limits. Financial statements may be obtained from BCJPIA, 1750 Creekside Oaks Drive, Suite 200, Sacramento, California 95833. Note 14 - Subsequent Events The management of the Town has reviewed the results of operations for the period from its year end June 30, 2011 through October 24, 2011, the date the financial statements were available to be issued, and have determined that no adjustments are necessary to the amounts reported in the accompanying financial statements nor have any subsequent events occurred, the nature of which would require disclosure, except as follows: On September 2, 2011, the Tiburon Public Facilities Finance Authority (TPFFA) called all outstanding bonds for redemption. The total amount of outstanding bonds was $65,000, with four years remaining until the bonds matured in September 2015. On November 18, 2011, the Tiburon Town Council approved repayment of both CalPERS Side Fund obligations, currently being amortized over 6 and 14 years at an interest rate of 7.75%. Approximately $350,000 in interest costs is estimated to be saved through this action. Note 15 - New Pronouncements Governmental Accounting Standards Board Statement No. 62 The objective of this Statement is to incorporate into the GASB's authoritative literature certain accounting and financial reporting guidance that is included in the following pronouncements issued on or before November 30, 1989, which does not conflict with or contradict GASB pronouncements: • Financial Accounting Standards Board (FASB) Statements and Interpretations. • Accounting Principles Board Opinions. • Accounting Research Bulletins of the American Institute of Certified Public Accountants' (AICPA) Committee on Accounting Procedure. Hereinafter, these pronouncements collectively are referred to as the "FASB and AICPA pronouncements." This Statement also supersedes Statement No. 20, Accounting and Financial Reporting for Proprietary Funds and Other Governmental Entities That Use Proprietary Fund Accounting, thereby eliminating the election provided in paragraph 7 of that Statement for enterprise funds and business-type activities to apply post- November 30, 1989 FASB Statements and Interpretations that do not conflict with or contradict GASB pronouncements. However, those entities can continue to apply, as other accounting literature, post- November 30, 1989 FASB pronouncements that do not conflict with or contradict GASB pronouncements, including this Statement. 33 TOWN OF TIBURON Notes to Financial Statements June 30, 2011 Note 15 - New Pronouncements (continued) The requirements of this Statement are effective for financial statements for periods beginning after December 15, 2011. Earlier application is encouraged. The provisions of this Statement generally are required to be applied retroactively for all periods presented. The requirements in this Statement will improve financial reporting by contributing to the GASB's efforts to codify all sources of generally accepted accounting principles for state and local governments so that they derive from a single source. This effort brings the authoritative accounting and financial reporting literature together in one place, with that guidance modified as necessary to appropriately recognize the governmental environment and the needs of governmental financial statement users. It will eliminate the need for financial statement preparers and auditors to determine which FASB and AICPA pronouncement provisions apply to state and local governments, thereby resulting in a more consistent application of applicable guidance in financial statements of state and local governments. Note 16 - Net Assets and Fund Balance Designations The government-wide statement of net assets reports $52,510,697 of restricted net assets, of which $619,666 is restricted by enabling legislation. In accordance with the Town's implementation of GASB Statement No. 54, fund balance designations with respect to governmental type funds are reported in the following classifications: • Nonspendable - amounts that cannot be spent because they are either (a) legally or contractually required to be maintained intact or (b), not in spendable form such as long term notes receivable. • Restricted - amounts that can be spent only for the specific purposes stipulated by constitution, external resource providers, or through enabling legislation. • Committed - amounts that can be used only for the specific purposes determined by a formal action of the Town Council, to establish, modify or rescind a fund balance commitment. • Assigned - amounts that are constrained by the government's intent to be used for specific purposes but do not meet the criteria to be classified as restricted or committed, as determined by a formal action or policy of the Town Council or its appointed official. • Unassigned - the residual classification for the government's general fund and includes all spendable amounts not contained in the other classifications. The Town has set aside amounts for emergency situations or revenue shortages or budgetary imbalances, commonly referred to as revenue stabilization. The authority to set aside those amounts generally comes from statue, ordinance, resolution, constitution or policy. Stabilization amounts may be expended with Council approval only when certain specific circumstances exist as determined by Council at that time. At June 30, 2011, the Town had committed $2,139,683 for revenue stabilization. When expenditures are incurred for purposes for which both restricted and unrestricted amounts are available, it is the Town's policy to expend restricted fund balances first. When expenditures are incurred for purposes for which committed, assigned, or unassigned amounts are available, it is the Town's policy to expend committed, then assigned, then unassigned amounts in that order. 34 REQUIRED SUPPLEMENTARY INFORMATION (unaudited) TOWN OF TIBURON Note to Required Supplementary Information Budgetary Comparison Information Year Ended June 30, 2011 The Town follows these procedures in establishing the budgetary data reflected in the financial statements: • Prior to the close of each fiscal year, the Town Manager submits to the Town Council a proposed operating budget for the fiscal year commencing the following July 1. The operating budget includes proposed revenue and expenditures. • Public hearings are conducted at Town Council meetings to obtain taxpayer comments prior to adoption of the budget in June. • Prior to July 1, the budget is legally adopted for all governmental fund types through Council approved resolution. • The Town Manager is authorized to transfer budget amounts within and between funds as deemed desirable and necessary in order to meet the Town's needs; however, revisions that alter the total expenditures must be approved by the Town Council. Formal budgetary integration is employed as a management control device during the year for the governmental type funds. • Budgets for the governmental type funds are adopted on a basis consistent with generally accepted accounting principles. Budgeted amounts presented are as originally adopted and as further amended by the Town Council. 35 TOWN OF TIBURON Budgetary Comparison Information General Fund Year Ended June 30, 2011 Variance with Final Budget Budget Amounts Actual Positive Resources (inflows) Original Final Amounts (Negative) Property taxes $ 3,467,833 $ 3,467,833 $ 4,078,464 $ 610,631 Other taxes 918,000 918,000 1,041,977 123,977 Franchise fees 437,000 437,000 509,163 72,163 Fines and penalties 88,000 88,000 168,204 80,204 Investment earnings 41,200 41,200 65,679 24,479 Intergovernmental and agency 765,160 765,160 678,386 (86,774) Licenses and permits 837,750 837,750 834,747 (3,003) Charges for services. 253,200 253,200 436,739 183,539 Other revenue 129,000 129,000 589,664 460,664 Amounts Available for Appropriation 6,937,143 6,937,143 8,403,023 1,465,880 Charges to Appropriations (outflow) Town administration 1,438,548 1,438,548 1,180,565 257,983 Community development 1,003,640 1,003,640 944,949 58,691 Public safety 2,761,389 2,761,389 2,739,380 22,009 Public works 1,268,189 1,268,189 1,224,121 44,068 Legislative boards and commissions 39,500 39,500 32,099 7,401 Non-departmental 700,500 700,500 347,580 352,920 Capital improvement projects - - 733,346 (733,346) Total Charges to Appropriations 7,211,766 7,211,766 7,202,040 9,726 Surplus (Deficit) $ (274,623) $ (274,623) $ 1,200,983 $ 1,475,606 36 OTHER SUPPLEMENTARY INFORMATION TOWN OF TIBURON Schedule of Funding Progress (CaIPERS cost sharing pool) Defined Benefit Pension Plan Year Ended June 30, 2011 Pooled Report Format Since the Town has less than 100 active members in each plan, it is required by CaIPERS to participate in a risk pool. The following actuary valuation reports the activity of the risk pool as a whole, and not the specific activity of individual members such as the Town of Tiburon. Miscellaneous Plan - 2% at 55 Risk Pool Accrued Liabilities (AL) Actuarial Value of Assets (AVA) Unfunded Liabilities (UL) Funded Ratio (AVA/AL) Annual Covered Payroll UL As a % of Payroll Safety Plan - 3% at 55 Risk Pool Accrued Liabilities (AL) Actuarial Value of Assets (AVA) Unfunded Liabilities (UL) Funded Ratio (AVA/AL) Annual Covered Payroll UL As a % of Payroll Actuarial Valuation Date - Year Ended June 30, 2008 June 30, 2009 June 30, 2010 $ 2,780,280,768 $ 2, 547, 323,278 $ 232,957,490 91.6% $ 688,606,681 33.8% $ 1,755,559,311 $ 1,517,609,609 $ 237, 949, 702 86.5% $ 210, 590, 567 113.0% $ 3,104,798,222 $ 2, 758, 511,101 $ 346,287,121 88.9% $ 742,981,488 46.6% $1,802,882,330 $1,520,081,328 $ 282,801,002 84.3% $ 221,600,192 127.6% $ 3,309,064,934 $ 2,946,408,106 $ 362,656,828 89.0% $ 748,401,352 48.5% $ 1,915,095,826 $ 1,628,915,283 $ 286,180,543 85.1% $ 224,562,008 127.4% Note - Details of the defined benefit pension plan can be found in Note 10 of the financial statements. 37 TOWN OF TIBURON General Fund Combining Balance Sheet June 30, 2011 ASSETS Cash and investments Other receivables Due from other funds Notes receivable TOTAL ASSETS LIABILITIES Accounts payable Accrued liabilities Deposits Total Liabilities FUND BALANCES Nonspendable Restricted Committed Assigned Unassigned Total Fund Balances Employee Employee New GASB 45 Self Capital General Compensated Housing PW OPEB Insurance Equip. Operation Leave Assistance Facility Reserve Reserve Replace. $ 4,370,635 $ 346,462 $ - $ 2,161,383 $ 378,012 $ 320,763 $ 353,800 287,694 - - - - - - - - - - - - 37,939 - - 800,000 - - - - $ 4,696,268 $ 346,462 $ 800,000 $ 2,161,383 $ 378,012 $ 320,763 $ 353,800 $ 210,321 $ - $ - $ - $ - $ - $ 430 32,704 - - - - 237,000 - 234,533 - - - - - - 477,558 - - - - 237,000 430 2,139,683 - - 346,462 800,000 - - - 378,012 2,161,383 - 2,161,383 378,012 83,763 135,000 -+,c 10,1 1 v 0-ru,•+uc 83,763 353,370 TOTAL LIABILITIES AND FUND BALANCES $ 4,696,268 $ 346,462 $ - $ 2,161,383 $ 378,012 $ 320,763 $ 353,800 38 Resv- Disaster Technology Park Open Space Response Fund Develop Mgmt. Reserve Page 1 of 2 Streets & Traffic Capital Drainage System Outlay Reserve Reserve Reserve Totals $ 449,448 $ 564,575 $ 89,121 $ 100,000 $ 1,495,287 $ 450,000 $ 267,689 $ 11,347,175 297 - - - - - - 287,991 - - - - - - - 37,939 800,000 $ 449,745 $ 564,575 $ 89,121 $ 100,000 $ 1,495,287 $ 450,000 $ 267,689 $ 12,473,105 $ 3,718 $ 28,978 $ 13,980 $ - $ 12,055 $ - $ 2,606 $ 272,088 - - - - - - 269,704 - - - - - - 234,533 3,718 28,978 13,980 - 12,055 - 2,606 776,325 800,000 - - - - - - - 2,517,695 446,027 535,597 75,141 100,000 1,483,232 450,000 265,083 6,081,688 - - - - - - 2,297,398 446,027 535,597 75,141 100,000 1,483,232 450,000 265,083 11,696,781 $ 449,745 $ 564,575 $ 89,121 $ 100,000 $ 1,495,287 $ 450,000 $ 267,689 $ 12,473,106 38 TOWN OF TIBURON General Fund Statement of Revenue, Expenditures and Change in Fund Balances Year Ended June 30, 2011 Employee Employee New GASB 45 General Compensated Housing PW OPEB Operation Leave Assistance Facility Reserve REVENUE Property taxes $ 4,078,464 $ - $ - $ - $ Othertaxes 1,041,977 - - - Franchises 509,163 - - - Fines and penalties 168,204 - - - Investment earnings 65,679 - - - Intergovernmental and agency 101,770 - - - Licenses and permits 834,747 - - - Charges for services 352,361 - - - Other revenue 394,304 - - - Total Revenue 7,546,669 - - - EXPENDITURES Current - Town administration 1,160,625 - - - Community development 927,052 - - - Public safety 2,650,977 - - - Public works 1,223,555 - - - Legislative boards and commissions 32,099 - - - Non-Departmental 316,754 - - - Capital improvement projects 384 - - - Other expenditures - - - - Total Expenditures 6,311,446 - - - Excess (Deficiency) of Revenue Over (Under) Expenditures 1,235,223 - - - OTHER FINANCING SOURCES (USES) Self Insurance 30,826 30,826 (30,826) Operating transfers in - - - - 78,012 - Operating transfers (out) (255,612) - - - - - Total Other Financing Sources (255,612) - - - 78,012 - Excess (Deficiency) of all Revenue Over (Under) all Expenditures 979,611 - - - 78,012 (30,826) Fund Balances - Beginning 3,239,098 346,462 800,000 2,161,383 300,000 114,589 Fund Balances - End of Year $ 4,218,709 $ 346,462 $ 800,000 $ 2,161,383 $ 378,012 $ 83,763 39 Capital Reserve for Disaster Streets & Traffic Equip. Technology Park Open Space Response Drainage System Replace. Fund Develop Mgmt. Reserve Reserve Reserve - - 381,422 - - 110,911 - 84,378 - - - - 36,665 - - - - 158,695 36,665 84,378 381,422 - - 269,606 $ - $ 4,078,464 1,041,977 509,163 168,204 65,679 84,283 678,386 - 834,747 436,739 - 589,664 84,283 8,403,023 - 19,940 - - - - - - 1,180,565 - 17,897 - - - - - - 944,949 70,818 17,585 - - - - - - 2,739,380 - 566 - - - - - - 1,224,121 _ _ - - - - - - 32,099 _ _ - _ - - 347,580 - - 286,309 23,081 - 157,339 - 266,233 733,346 70,818 55,988 286,309 23,081 - 157,339 - 266,233 7,202,040 (34,153) 28,390 95,113 (23,081) - 112,267 - (181,950) 1,200,983 1,200,983 122,200 55,400 - - - - - - 255,612 _ _ (255,612) 122,200 55,400 - - - - - - - 88,047 83,790 95,113 (23,081) - 112,267 - (181,950) 1,200,983 265,324 362,237 440,484 98,222 100,000 1,370,965 450,000 447,033 10,495,797 $ 353,371 $ 446,027 $ 535,597 $ 75,141 $ 100,000 $ 1,483,232 $ 450,000 $ 265,083 $ 11,696,780 Page 2 of 2 Capital r)[ Iflav 39 TOWN OF TIBURON Special Revenue Funds Combining Balance Sheet June 30, 2011 ASSETS Cash and investments Accrued interest receivable Other receivables TOTAL ASSETS LIABILITIES Accounts payable Due to other funds Total Liabilities FUND BALANCES Nonspendable Restricted Committed Assigned Unassigned Total Fund Balances TOTAL LIABILITIES AND FUND BALANCES RDA Police Police COPS RDA Housing Asset Supp Law Technical General Set-Aside Forfeiture Enforcement Grant $ - $ - $ 88 $ - $ 1,422 - 25,000 - $ - $ - $ 88 $ 25,000 $ 1,422 17 010 37,939 88 (12,939) 1,422 88 $ 25,000 $ 1,422 40 Page 1 of 2 Cypress State State Traffic Measure A CA Hollow Gasoline Congestion Sales Proposition LLD-98 Tax Relief Tax 1B Totals $ 32,127 $ 499,330 $ 24,642 $ 67,817 $ 7,992 $ 633,418 371 - 30 81 - 482 - 575 - - - 25,575 $ 32,498 $ 499,905 $ 24,672 $ 67,899 $ 7,992 $ 659,475 $ 208 $ 1,663 $ - $ - $ - $ 1,871 - - - - - 37,939 208 1,663 - - - 39,810 32,290 498,242 24,672 67,899 7,992 619,666 32,290 498,242 24,672 67,899 7,992 - 619,666 $ 32,498 $ 499,905 $ 24,672 $ 67,899 $ 7,992 $ 659,476 40 TOWN OF TIBURON Special Revenue Funds Combining Statement of Revenue, Expenditures and Change in Fund Balances Year Ended June 30, 2011 REVENUE Property taxes Other taxes Franchises Fines and penalties Investment earnings Intergovernmental and agency Licenses and permits Charges for services Other revenue Total Revenue EXPENDITURES Current - Town administration Community development Public safety Public works Legislative boards and commissions Capital improvement projects Total Expenditures Excess (Deficiency) of Revenue Over (Under) Expenditures OTHER FINANCING SOURCES (USES) Operating transfers in Operating transfers (out) Other Total Other Financing Sources Excess (Deficiency) of all Revenue Over (Under) all Expenditures Fund Balances - Beginning Fund Balances - End of Year RDA Police Police COPS RDA Housing Asset Supp Law Technical General Set-Aside Forfeiture Enforcement Grant 734 3,365 - - - - - - 100,000 - 734 3,365 - 100,000 292,638 292,638 1,527,166 - - - - - 124,905 - 1,527,166 - 124,905 - (291,904) (1,523,801) - (24,905) (291,904) (1,523,801) - (24,905) - 291,904 1,523,801 88 11,966 1,422 $ - $ - $ 88 $ (12,939) $ 1,422 41 Page 2 of 2 Cypress State State Traffic County Hollow Gasoline Congestion Measure A California LLD-98 Tax Relief Sales Tax Prop 1 B Totals - 220,807 - 71,962 - 292,769 178 2,574 93 236 - 7,180 16,544 - - - - 116,544 16,722 223,381 93 72,198 - 416,493 1,819,804 - - - - - 124,905 14,980 1,663 - - - 16,643 230,000 - 90,496 - 320,496 14,980 231,663 - 90,496 - 2,281,848 1,742 (8,282) 93 (18,298) - (1,865,355) 1,742 (8,282) 93 (18,298) - (1,865,355) 30,548 506,524 24,579 86,197 7,992 2,485,021 $ 32,290 $ 498,242 $ 24,672 $ 67,899 $ 7,992 $ 619,666 41 TOWN OF TIBURON Capital Projects Funds Combining Balance Sheet June 30, 2011 ASSETS Cash and investments Accrued interest receivable Other receivables Notes receivable TOTAL ASSETS LIABILITIES Accounts payable Accrued liabilities Deposits - tenant Due to other funds Total Liabilities FUND BALANCES Nonspendable Restricted Committed Assigned Unassigned Total Fund Balances TOTAL LIABILITIES AND FUND BALANCES State Property Town owned Heritage Town's Tiburon Tiburon Prop 116 Development Housing & Arts LMI Playground Parks Waterfront Tax Units Project Housing Improvement In-Lieu $ 25 $ 4,355 $ 182,888 $ 8,452 $ 1,105,197 $ - $ 1,360 - - 203 10 100 - - - - - - - 2,030 - - - - - 31,560 - - $ 25 $ 4,355 $ 183,091 $ 8,463 $ 1,136,857 $ 2,030 $ 1,360 $ - $ - $ 4,035 $ 14 $ - 9,600 - 13,634 14 879 $ - $ 879 - 4,355 - - 1,135,978 - - 169,457 8,448 - 25 - - - - 25 4,355 169,457 8,448 1,135, 978 1,360 2,030 - 2,030 1,360 $ 25 $ 4,355 $ 183,091 $ 8,463 $ 1,136,857 $ 2,030 $ 1,360 42 Page , of 2 Open Planning Tiburon Storm Circulation Bunch Street Tiburon Space Area Street Water System Grass Frontage Long Range Acquisition Mitigation Impact Run Off Improvement Mitigation Improvement Planning Totals $ 191,155 $ 178,878 2,104,566 $ 143,585 $ 28,020 $ 129,950 $ 2,443 $ 165,506 $ 4,246,381 229 211 20,573 172 34 156 3 308 21,999 - - - - - - - - 2,030 - - - - - - - - 31,560 $ 191,384 $ 179,089 $ 2,125,139 $ 143,757 $ 28,054 $ 130,106 $ 2,445 $ 165,814 $ 4,301,970 $ - $ - 55,995 $ 4,883 $ - $ 55,995 4,883 $ - $ - $ 4,211 $ 70,016 - - - - 9,600 4,211 79,616 191,384 179,089 2,069,145 138,874 28,054 130,106 2,445 161,603 4,042,394 - - - - - - - - 177,905 - - - - - - - - 2,055 191,384 179,089 2,069,145 138,874 28,054 130,106 2,445 161,603 4,222,354 $ 191,384 $ 179,089 $ 2,125,139 $ 143,757 $ 28,054 $ 130,106 $ 2,445 $ 165,814 $ 4,301,970 42 TOWN OF TIBURON Capital Projects Funds Combining Statement of Revenue, Expenditures and Change in Fund Balances Year Ended June 30, 2011 State Property Town owned Heritage Town's Tiburon Tiburon Prop 116 Development Housing & Arts LMI Playground Parks Waterfront Tax Units Project Housing Improvement In-Lieu REVENUE Property taxes $ - $ - $ - $ - $ - $ - $ - Other taxes - - - - - - - Franchises - - - - - - - Fines and penalties - - - - - - - Investment earnings - - 891 46 3,995 6 Intergovernmental and agency - - - - - 16,228 - Licenses and permits - - - - - - - Charges for services - - - - - - - Other revenue - - 91,050 4,455 230 - - Total Revenue - - 91,941 4,501 4,225 16,228 6 EXPENDITURES Current - Town administration - - 61,067 - 7,953 - - Community development - - - - - - - Public safety - - - - - - - Public works - - - - - 32 - Legislative boards and commissions - - - 7,187 - - - Capital improvement projects - - - - - - - Total Expenditures - - 61,067 7,187 7,953 32 - Excess (Deficiency) of Revenue Over (Under) Expenditures - - 30,874 (2,686) (3,728) 16,196 6 OTHER FINANCING SOURCES (USES) Operating transfers in - - - - - - - Operating transfers (out) - - - - - - - Proceeds of long-term debt - - - - - - - Other - - - - - - - Total Other Financing Sources - - - - - - - Excess (Deficiency) of all Revenue Over (Under) all Expenditures - - 30,874 (2,686) (3,728) 16,196 6 Fund Balances - Beginning 25 4,355 138,583 11,134 1,139,706 (14,166) 1,354 Fund Balances - End of Year $ 25 $ 4,355 $ 169,457 $ 8,448 $ 1,135,978 $ 2,030 $ 1,360 43 Page 2 of 2 Open Planning Tiburon Storm Circulation Bunch Street Tiburon Space Area Street Water System Grass Frontage Long Range Acquisition Mitigation Impact Run Off Improvement Mitigation Improvement Planning Totals 734 1,029 9,708 1,036 101 669 14 982 19,211 - - - - - - - - 16,228 - - 474,229 18,553 - - - - 492,782 - - - - - - - 55,452 151,187 734 1,029 483,937 19,589 101 669 14 56,434 679,408 - - - - - - - - 69,020 - - - - - - - 950 950 - - - - - - - - 32 - - - - - - - - 7,187 - - 425,116 40,600 - - - 74,646 540,362 - - 425,116 40,600 - - - 75,596 617,551 734 1,029 58,821 (21,011) 101 669 14 (19,162) 61,857 734 1,029 58,821 (21,011) 101 669 14 (19,162) 61,857 190,650 178,060 2,010,324 159,885 27,953 129,437 2,431 180,765 4,160,496 $ 191,384 $ 179,089 $ 2,069,145 $ 138,874 $ 28,054 $ 130,106 $ 2,445 $ 161,603 $ 4,222,353 43 TOWN OF TIBURON 1505 Tiburon Boulevard Tiburon, CA 94920 To: Mayor & Members of the Town Council From: Community Development Department Town Council Meeting January 18, 2012 Agenda Item: Cc Subject: Annual Reporting of Development Impact Fees Pursuant to the California Government Code Reviewed by: BACKGROUND Similar to most cities and counties in California, the Town of Tiburon imposes public facilities fees on development projects during the approval process. Certain of these fees are categorized as "development fees" under Section 66000 et seq. of the California Government Code. Section 66006 of that code requires that specific data regarding development fees is made available to the public within 180 days following the end of each fiscal year, with a public meeting held on the matter at the next regularly scheduled meeting following release of the data. This report sets forth the required annual data reporting for the Town's development fee accounts for Fiscal Year 2010-2011, which closed on June 30, 2011. ANALYSIS The Town of Tiburon imposes four categories of fees that could qualify as development fees. These categories are 1) traffic impact fees 2) street impact fees 3) affordable housing in-lieu fees and 4) stormwater runoff fees. Park and recreation in-lieu fees, which the Town also collects, are not defined as development fees in the statute. Reporting data for each of the Town's development fee categories is shown below. Traffic Mitigation Funds Traffic mitigation fees have been collected by Town since at least 1980; the two current fee accounts were established in 1996, each addressing different portions of the Tiburon Planning Area. The Town Council received a mandatory five-year report on these funds in January 2007 and made findings regarding the future use of unexpended funds in these accounts; the next scheduled five-year review is a related item on this agenda. In March 2007, an updated Traffic Mitigation Fee Schedule based on projections from the Town's General Plan Tiburon 2020 went into effect. The two traffic mitigation accounts and the required data for this annual report are as follows: Circulation System Improvement Fund (CSIF): This fund contains the collected exactions for construction of public traffic improvements in the incorporated portions of the Tiburon Planning Area. The fee varies depending on the location of the project in relation to intersections identified in the General Plan Circulation Element as requiring improvement. The fee varies from $0 per PM peak trip to $ 5,278 per PM peak trip. TIBURON CIRCULATION SYSTEM IMPROVEMENT FUND Fund Balance, July 1, 2010 Revenues: Fees Collected $0 Interest Income 101 TOTAL REVENUES Expenditures: $0 TOTAL EXPENDITURES Fund Balance, June 30, 2011 $27,953 $101 $28,054 In the adopted Fiscal Year 2011-12 budget, the Town has programmed $15,000 in expenditures from the Tiburon Circulation System Improvement Fund for the purpose of funding a contribution to CalTrans for in-ground flashing beacons at Stewart Drive and Tiburon Boulevard, which has been carried over from FY 2010-2011. Sufficient funds are anticipated to construct these improvements. No inter-fund loans or transfers occurred from this account for FY2010-11 and no refunds from this account were issued in FY 2010-11. Planning Area Mitigation Fund (PAMF): This fund contains the collected exactions for public traffic improvements in portions of the Tiburon Planning Area outside of the Town's corporate limits. The fee varies depending on the location of the project in relation to intersections identified in the General Plan Circulation Element for improvement. The fee varies from $0 per PM peak trip to $361 per PM peak trip. TIBURON PLANNING AREA MITIGATION FUND Fund Balance, July 1, 2010 Revenues: Fees Collected $0 Interest Income $1,030 TOTAL REVENUES Expenditures: $0 TOTAL EXPENDITURES Fund Balance, June 30, 2011 $178,060 $1,030 $179,090 l:'` It3E _ The FY 2011-12 Town budget does not contain any expenditures from this account. Additional future projects to which these funds would be contributed include a merge/acceleration lane at the Tiburon Boulevard/Cecilia Way intersection and capacity improvements at the Tiburon Boulevard/Redwood Highway Frontage Road intersection. These improvements are set forth in the General Plan Circulation Element, but are likely to be at least five years away. The cost of these improvements will exceed funds available at this time. No inter-fund loans or transfers occurred in this account for FY2010-11 and no refunds from this account were issued in FY 2010-11. Street Impact Fund The street impact fee initially went into effect in July 1999. This fee partially off-sets the Town's costs of public roadway maintenance by assessing a fee of 1.0% (.01) on the valuation of all building permits issued by the Town. A project with a $100,000 building permit valuation would therefore be subject to a street impact fee of $1,000. TIBURON STREET IMPACT FUND Fund Balance, July 1, 2010 $2,010,325 Revenues: Fees Collected $474,229 Interest Income $9,707 Refund/Reimbursement $0 TOTAL REVENUES $483,936 Expenditures: $425,116 TOTAL EXPENDITURES ($425,116) Fund Balance, June 30, 2011 $2,069,145 EXPENDITURES Projects completed FY 2010-11: Cost % from Fund Annual Pavement Management Program $425,116 57% Total Projects FY 2010-11 $425,116 57% For FY 2011-12, the Town has identified in its adopted budget $200,385 in planned street improvement projects to be funded by the Street Impact Fund. These improvements are expected to be underway and/or completed in FY 2011-12. The Town maintains a Pavement Management Program (PMP), which analyzes the condition of the Town's streets and suggests appropriate repair/replacement techniques based on this analysis. In 2006,.the Town embarked on an aggressive program to eliminate its "failed" street segments, which has been successfully completed. The Town's overall Pavement Condition Index (PCI) now stands at 73, up from a PCI of 66 in 2006. The PCI is expected to rise further when several streets in the Del Mar Undergrounding District Project area are resurfaced in the near future. No refunds or transfers were issued from this account in FY 2010-2011. The Town Council received a mandatory five- year report on these funds in January 2010; the next such report will be due in January, 2015. Affordable Housing In-Lieu Fund This fee is collected either at the subdivision map or building permit stage, at the option of the developer. Its revenues are used for the design and construction of permanently affordable housing units or for other actions that would directly preserve, conserve, rehabilitate, or increase the supply of affordable units in the Tiburon Planning Area. The fee is calculated using a formula contained within Title IV, Chapter 16 (Zoning) of the Tiburon Municipal Code. The formula contains several variables (such as interest rates) and the amount of the fee can vary over time depending on these variables. Generally, the in-lieu fee amount ranges from $425,000 to $475,000 for each required affordable unit that is not built, dependent upon prevailing interest rates and other variables at the time of calculation. A project creating 12 or more units or lots would be responsible to provide 20% affordable units or pay the resulting in-lieu fee. Projects that create 7 through 11 units would be responsible for providing 15% affordable units. Projects that create 2 through 6 new lots or units pay a prorated share of the in-lieu fee, for example, a 6- unit project would pay 0.9 of the in-lieu fee for an affordable unit not built. It is unclear whether affordable housing in-lieu fees are a "development fee" as defined in state law; however, the following information is public record. AFFORDABLE HOUSING IN-LIEU FUND Fund Balance, July 1, 2010 $1,139,706 Revenues: Sale of Town Owned Unit $0 Interest Income $4,226 TOTAL REVENUES $4,226 Expenditures: Marin Renters Rebate $4,018 Bank Fees $248 Marin Housing JPA $3,687 TOTAL EXPENDITURES ($7,953) Fund Balance, June 30, 2011 $1,135,979 The Town Council received a mandatory five-year report on these funds in January 2011 and another such a report is required in January 2016. For FY 2011-12 the Town has $24,725 in expenditures planned from the Affordable Housing In- Lieu Fund, primarily for ongoing maintenance of existing units. Several affordable housing sites are identified in the Housing Element of the Tiburon General Plan, and as developers move forward with actual projects, the housing in-lieu funds collected will be expended toward affordable housing projects. No inter-fund loans or transfers occurred in this account for FY2010-11, and no refunds from this account were issued in FY 2010-11. Stormwater Runoff Fund The Town adopted a Stormwater Runoff impact fee in 2004 and began collecting fees in 2005. The stormwater impact fee helps recover the costs of upgrading the Town's public storm drain system to accommodate additional runoff caused by new construction. The fee is $1.00 per square foot of new impervious surface created by construction projects. The Town Council received a mandatory five-year report on these funds in January 2011; the next such report will be due in January, 2016. STORMWATER RUNOFF FUND Fund Balance, July 1, 2010 $159,885 Revenues: Fees Collected $18,553 Interest Income $1,036 TOTAL REVENUES $19,589 Expenditures: Storm Drainage Improvements $30,380 Railroad Marsh Maintenance $10,220 TOTAL EXPENDITURES ($40,600) Fund Balance, June 30, 2011 $138,874 For FY 2011-12 the Town has $115,000 in expenditures planned from the Storm Water Runoff Fund for culvert and storm drain repairs and other improvements identified in the Tiburon Storm Drain Master Plan. No inter-fund loans or transfers occurred in this account for FY2010-11, and no refunds from this account were issued in FY 2010-11. RECOMMENDATION Staff recommends that the Town Council accept the report. Prepared By: Scott Anderson, Director of Community Development S: (Administration I Town Councill Staff Reports 12012 Uan 18 Drafts Development fee annual reporting FY2010-11. doc TOWN OF TIBURON 1505 Tiburon Boulevard Tiburon, CA 94920 To: Mayor & Members of the Town Council From: Community Development Department Subject: Traffic Mitigation Fee Findings Reviewed by: BACKGROUND Town Council Meeting January 18, 2012 Agenda Item: cc, The Town began collection of its current cycle of traffic mitigation fees in FY 1996-97, pursuant to Town Council Resolution No. 3162, effective July 15, 1996. State law requires that every five (5) years the legislative body make certain findings regarding any unexpended funds in a development fee account. The last five-year report for unexpended traffic mitigation fees was made in 2002. This report sets forth the current round of five-year findings required by law. These findings are memorialized in the draft Resolution attached as Exhibit 1. TRAFFIC MITIGATION FEE ACCOUNTS The Tiburon General Plan Circulation Element contains a list of "Proposed Circulation Improvements" necessary to keep the Town's major intersections operating at acceptable levels of service. Some of the listed improvements are located within Town corporate limits while others are located within the unincorporated "Planning Area" of the Town of Tiburon. Therefore, the Town has created two traffic mitigation fee accounts into which fee exactions from new development are deposited; one account for "in-Town" projects and the other for "Planning Area" projects. These accounts are as follows: Circulation System Improvement Fund (CSIF): This fund collects exactions for improvements within the Town's corporate limits. The current balance is approximately $110,952. Planning Area Mitigation Fund (PAMF): This fund collects exactions for improvements within the unincorporated portions of the Tiburon Planning Area. The current balance is approximately $242,609. ANALYSIS State law requires the following topics to be addressed, and findings made, with respect to unexpended funds in the Town's traffic mitigation fee accounts. In making the findings, reference to existing public documents containing the pertinent information is allowed under the State law. 1. Purpose of the Fees The Town Council finds that the purpose of the fees is to maintain major intersections within the Tiburon Planning Area operating at acceptable levels of service. Acceptable levels of service are set forth on p. 5-9 of the General Plan Circulation Element; the list of specific improvements required to maintain such levels of service is set forth on pp. 5-19 through 5-21 of the Circulation Element. The General Plan Circulation Element is available for public review at Tiburon Town Hall and on the Town's website at www.ci.tiburon.ca.us. 2. Reasonable Relationship Between the Fees and the Purpose for which they are Charged All traffic mitigation fees are based on the pro rata share of traffic impact for each development project from which the fees are exacted. The Town Council finds that the justification and the mechanism for calculating fees are adequately set forth in Town Council Resolution No. 02-2007, available for public review at Tiburon Town Hall. Further detail is available in the Tiburon Traffic Mitigation Fee Program (TMF) Update Report (hereafter "Update Report"), dated November 2006, prepared by Fehr & Peers, available for public review at Tiburon Town Hall and on the Town's website at www.ci.tiburon.ca.us. 3. Sources and Amounts of Funding Anticipated to Complete Financing of Improvements The total cost estimate for the complete list of improvements in the Circulation Element is $3,305,692 (in July 2006 dollars). The Town acknowledges that funding has not been identified for all of the circulation improvements set forth in the Circulation Element as necessary to maintain acceptable levels of service. This is largely because the amount of remaining development potential in the Tiburon Planning Area is relatively small, while circulation improvements are quite expensive. Furthermore, not all anticipated future traffic generation will be caused by new development; new development pays only its fair share. The Town is aware that other sources of funding, including from the State Highways Division (Caltrans), Marin County Congestion Management Agency, Metropolitan Transportation Commission, County of Marin, City of Mill Valley, City of Belvedere, and miscellaneous other grant funding sources will be required to supplement the Town's traffic mitigation fees and any available Tiburon General Fund revenues in constructing the required improvements. The amount of funding needed from other sources is several million dollars, most of which would be focused at or near U. S. Highway 101. With respect to the CSIF, the Town has budgeted in its FY2011-2012 Capital Improvement Program for the Stewart Drive @ Tiburon Boulevard crosswalk improvement ($15,000). The s j i Town has also accepted "concept drawings" for the widening of Tiburon Boulevard at the Trestle Glen Boulevard intersection, estimated at approximately $1.8 million in cost. The cost of these projects would exceed the available funds in the CSIF. The Town Council finds that until such time as adequate funds are accumulated or other funding sources secured, the Town will not proceed with completion of all these improvements. With respect to the PAMF, the Town has no budget allocations in its FY 2011-12 Capital Improvement Program. The Town recently contributed $100,000 toward capacity improvements at the southbound off-ramp of U. S. Highway 101 at the East Blithedale Avenue/Tiburon Boulevard intersection, supplementing the larger contributions by the County of Marin and Caltrans. For the future, Redwood Highway Frontage Road @ Tiburon Boulevard improvements identified in the General Plan are estimated to cost approximately $465,000, and a Cecilia Way @ Tiburon Boulevard merge-acceleration lane is estimated to cost. The Town Council finds that the cost of these projects far exceeds the amount of money in the Town's PAMF account; therefore, the Town will not expend this money until such time as sufficient funds are identified to carry out the projects. The Town intends to contribute to these efforts at such time as funds are available to proceed. However, a major contribution of funds from sources other than the Town of Tiburon will be required to make the Frontage Road improvements possible. 4. Approximate Dates When Necessary Funding is Anticipated to be Deposited This date will vary for each circulation improvement project. Many of the signalization improvements will not be possible until such time as a particular intersection meets Caltrans warrants for signalization. Other projects, such as Redwood Highway Frontage Road improvements, will largely be dependent upon Caltrans (State) and County of Marin timing and funding. The Town Council finds that due to the cost and complexity of major projects, it is not possible to provide specific dates for the securing of additional funds necessary to complete the improvements. Ballpark estimates for the Frontage Road improvements are up to 10 years, while localized Tiburon Boulevard improvements could be completed anywhere within the five years depending on traffic conditions. A brief status report on specific improvements is provided below. STATUS REPORT ON SPECIFIC CIRCULATION ELEMENT IMPROVEMENTS U. S. Highway 101 SB Off-Ramp This project has been completed. Reed Ranch Road Merge-Acceleration Lane This project has been completed. Gilmartin Drive Right-Turn Lane A dedicated right turn lane from Gilmartin Drive onto westbound Tiburon Boulevard is proposed to be installed as part of the Ling (Stony Hill) residential development project. The Tentative l~' 4 F A. ~..i U 11, V Subdivision map for that project has been approved and the preliminary design for the dedicated right turn lane has been favorably reviewed by the Town. Signalization of Mar West Street Signal warrant analyses and traffic studies have shown that the Tiburon Boulevard/Mar West Street intersection is unlikely to meet warrants necessary for signalization for several years to come, although the Town will continue to monitor the situation. The Town continues to collect development fees for the eventual construction of this improvement. Tiburon Boulevard Widening at Trestle Glen Boulevard The Town continues to collect development fees for the eventual construction of this improvement, which would create a second west-bound storage lane on Tiburon Boulevard from the intersection as far to the east as practicable toward Stewart Drive. RECOMMENDATION Staff recommends that the Town Council adopt the Resolution. EXHIBITS Draft Resolution. Prepared by: Scott Anderson, Director of Community Development `1 S: Wministration lTown CouncibStaffReports12012Uan 18 Drafts Itrafficfeefindings report.doc I... ' RESOLUTION NO. XX-2012 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON MAKING CERTAIN FINDINGS REGARDING FEES COLLECTED FOR TRAFFIC MITIGATION PURPOSES The Town Council of the Town of Tiburon does hereby resolve as follows: WHEREAS, the Town of Tiburon has collected certain traffic mitigation fees since adoption of Resolution 3162 in 1996. Pursuant to the California Government Code, the Town Council is required to make certain findings every five years relative to unexpended funds collected for such purposes; and WHEREAS, the Town has prepared the required documentation regarding the fees and such documentation has been available for public review for at least fifteen (15) days prior to the public hearing; and WHEREAS, the Town Council held a duly-noticed public hearing on this matter on January 18, 2012. NOW, THEREFORE, BE IT RESOLVED, by the Town Council of the Town of Tiburon does hereby make the following findings relative to its unexpended traffic mitigation fees. Purpose of the Fees. The Town Council finds that the purpose of the traffic mitigation fees is to maintain major intersections within the Tiburon Planning Area operating at acceptable levels of service. Acceptable levels of service are set forth on p. 5-8 of the General Plan Circulation Element; the list of specific improvements required to maintain such levels of service is set forth on pp. 5-19 through 5-21 of the Circulation Element. The General Plan Circulation Element is available for public review at Tiburon Town Hall and on the Town's website at www.ci.tiburon.ca.us. 2. Reasonable Relationship Between the Fees and the Purpose for which they are Charged. All traffic mitigation fees are based on the pro rata share of traffic impact for each development project from which the fees are exacted. The Town Council finds that the justification and the mechanism for calculating fees are adequately set forth in Town Council Resolution No. 02-2007, available for public review at Tiburon Town Hall. Further detail is available in the Tiburon Traffic Mitigation Fee Program (TMF) Update Report (hereafter "Update Report"), dated November 2006, prepared by Fehr & Peers, available for public review at Tiburon Town Hall and on the Town's website at www.ci.tiburon.ca.us. Tiburon Town Council Resolution Nom-2012 --1--12012 3. Sources and Amounts of Funding Anticipated to Complete Financing of Improvements. The total cost estimate for the complete list of improvements in the Circulation Element is $3,305,962 in July 2006 dollars. The Town acknowledges that funding has not been identified for all of the circulation improvements set forth in this Element as necessary to maintain acceptable levels of service. This is largely because the amount of remaining development potential in the Tiburon Planning Area is relatively small, while circulation improvements are quite expensive. Furthermore, not all anticipated future traffic generation will be caused by new development; new development pays only its fair share. The Town is aware that other sources of funding, including from the State Highways Division (Caltrans), Marin County Congestion Management Agency, Metropolitan Transportation Commission, County of Marin, City of Mill Valley, City of Belvedere, and miscellaneous other grant funding sources will be required to supplement the Town's traffic mitigation fees and any available Tiburon General Fund revenues in constructing the required improvements. The amount of funding needed from other sources is several million dollars, most of which would be focused at or near U. S. Highway 101. With respect to the CSIF, the Town has budgeted in its FY2006-2007 Capital Improvement Program for the Reed Ranch Road @ Tiburon Boulevard merge/acceleration lane improvement ($70,000) and the traffic warrants analysis ($15,000) for Mar West Street @ Tiburon Boulevard. The Town has also accepted "concept drawings" for the widening of Tiburon Boulevard at the Trestle Glen Boulevard intersection, estimated at approximately $1.8 million in cost. The cost of these projects would exceed the available funds in the CSIF. The Town Council finds that until such time as adequate funds are accumulated or other funding sources secured, the Town will not proceed with completion of all these improvements. With respect to the PAMF, the Town has entered into a written agreement with Caltrans to contribute $100,000 toward capacity improvements at the southbound off-ramp of U. S. Highway 101 at the East Blithedale/Tiburon Boulevard intersection. The County of Marin and Caltrans are paying for the balance of this improvement, which is estimated to cost $5.1 million. In addition, Redwood Highway Frontage Road @ Tiburon Boulevard improvements are estimated to cost approximately 465,000. The Town Council finds that the cost of these projects far exceeds the amount of money in the Town's PAMF account; therefore, the Town will not expend this money until such time as sufficient funds are identified to carry out the project. The Town intends to contribute to this effort at such time as funds are available to proceed. However, a major contribution of funds from sources other than the Town of Tiburon will be required to make this improvement possible. Tiburon Town Council Resolution No.xx-2012 --1--12012 2 4. Approximate Dates When Necessary Funding is Anticipated to be Deposited. This date will vary for each circulation improvement project. Many of the signalization improvements will not be possible until such time as a particular intersection meets Caltrans warrants for signalization. Other projects, such as improvements to U. S. Highway 101 interchanges, and the Redwood Highway Frontage Road, will largely be dependent upon Caltrans (State) and County of Marin timing and funding. The Town Council finds that due to the cost and complexity of major projects, it is not possible to provide specific dates for the securing of additional funds necessary to complete the improvements. Ballpark estimates for the U. S. Highway 101 improvements are completion within five (5) years, while localized Tiburon Boulevard improvements are likely to be completed anywhere within the next one (1) year to five (5) years. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Tiburon, State of California, held this 18th day of January, 2012, by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR TOWN OF TIBURON ATTEST: DIANE CRANE IACOPI, TOWN CLERK S: l MministrationlTown CouncihStaff Reports12012Van 18 Drafisltrafc fees findings reso 2012.doc Tiburon Town Council Resolution Nom-2012 --1--12012 3 TOWN OF TIBURON 1505 Tiburon Boulevard Tiburon, CA 94920 To: From: Subject: Reviewed By: BACKGROUND Mayor and Members of the Town Council Community Development Department Town Council Meeting January 18, 2012 Agenda Item: cc Consideration of Resolution Establishing Zero Waste Goals In December 2009, the Marin County Hazardous and Solid Waste Management JPA published a Zero Waste Feasibility Study that identified programs member agencies and the JPA could implement to significantly reduce the amount of waste going to landfills. The JPA subsequently prepared a Zero Waste Toolkit to assist its member agencies in adopting the following: 1. A Zero Waste Resolution containing landfill reduction (diversion) goals; 2. A model Extended Producer Responsibility and Environmentally Preferable Purchasing Resolution; 3. A model Construction and Demolition (C&D) Debris Ordinance; 4. A model Commercial and Multi-Family Recycling Ordinance; and 5. Model Franchise Agreement Language. To encourage member cities to adopt and implement these model waste reduction strategies, the JPA created a grant program with funding based on the jurisdictions' relative population. At its meeting of April 20, 2011, the Town Council authorized the Associate Planner to submit an application for a $13,000 grant to the JPA for the Zero Waste Grant program to cover staff costs for adoption and implementation of the Zero Waste Resolution, C&D Ordinance and Commercial and Multi-Family Recycling Ordinance. This application was filed with the JPA on April 27, 2011 and approved by the JPA Board on May 26, 2011. The Zero Waste Resolution is the first document ready for consideration by the Town Council. ANALYSIS The JPA's Zero Waste initiatives are consistent with the Town's waste reduction objectives set forth in the 2011 Climate Action Plan which includes the following actions (see Exhibit 2): • Adopt a policy to achieve zero waste going to landfills; • Endorse an extended producer responsibility resolution as proposed by the JPA; • Provide education and publicity about reducing waste and available recycling services; TOWN OF TIBURON PAGE 1 OF 2 o'o,f') .£)1.11)c N"ic t 11 i l 2012 • Adopt local amendments to the 2010 California Green Building Standards Code to require 50% construction and demolition waste diversion for construction, demolition and renovation projects, as proposed in the JPA's model ordinance; • Adopt and enforce a multi-family dwelling and business recycling ordinance; • Review and revise the Town's franchise agreement with its waste hauler to ensure waste reduction and diversion rates are maximized; • Promote commercial and residential composting; • Strengthen recycling programs, purchasing policies, and employee education at Town facilities. The purpose of the Zero Waste Resolution is to commit the member agencies of the JPA to common waste reduction goals and participation in a JPA strategic plan to implement programs to achieve these goals. The JPA Zero Waste Feasibility Study indicates a goal of 80 percent waste reduction [diversion from landfill] by 2012, which has already been achieved, and a goal of 100 percent reduction by 2025. The City of San Rafael recommended a 94% diversion goal by 2025, as previous background materials to the JPA Feasibility Study referenced 94 percent landfill diversion by 2025. Town staff agrees that a 94% diversion goal is more realistic, since achieving 100% diversion is dependent not only on being very successful at implementing the JPA's feasibility study programs, but also on a significant reduction in "upstream" waste over which the Town and JPA have little or no control. JPA staff has agreed that adoption of a 94% diversion goal for 2025 is appropriate. The draft resolution (Exhibit 1) also states that it is the Town's ultimate goal to attain 100% diversion. FINANCIAL IMPACT The staffing costs of adoption and initial implementation of the Zero Waste Resolution will be recovered through the JPA's Zero Waste Grant Program. RECOMMENDATION Staff recommends that the Town Council: 1. Move to adopt the Resolution Exhibits: 1. Draft Zero Waste Resolution 2. Climate Action Plan Section 3.4: Waste Reduction, Recycling and Zero Waste Prepared By: Laurie Tyler, Associate Planner RESOLUTION NO. A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ADOPTING ZERO WASTE GOALS WHEREAS, the County of Marin and each community within the County emit greenhouse gases associated with the decomposition of waste; and WHEREAS, in 2005, approximately 13.9% of greenhouse gases emitted were attributed from both government and community operations of the town of Tiburon; and WHEREAS, the California Integrated Waste Management Act of 1989 (AB 939) required that all California jurisdictions achieve a landfill diversion rate of 50% by the year 2000, and reduce, reuse, recycle, and compost all discarded materials to the maximum extent feasible before any land-filling or other destructive disposal method is used; and WHEREAS, Marin County has established itself as a State leader in waste diversion and sustainability practices by exceeding the requirements of AB 939 to achieve a 77% diversion rate in 2004 and is constantly looking for innovative ways to decrease waste; and WHEREAS, in 2001 the California Integrated Waste Management Board set a goal of Zero Waste in its strategic plan for the state; and cities, councils, counties, and states worldwide have adopted a goal of achieving zero waste, including the local counties of San Francisco, Santa Cruz, San Luis Obispo, and Del Norte in California and the cities of Palo Alto, Oakland and Berkeley; and WHEREAS, strategies to reach zero waste can help to promote the over-arching goal of each generation leaving less of an ecological footprint on the earth than its predecessors; and WHEREAS, on April 20, 2011 the Tiburon Town Council adopted the Tiburon Climate Action Plan, which includes waste reduction objectives in addition to community and government operation mitigation measures focused on waste diversion and reduction. NOW THEREFORE, BE IT RESOLVED that the Town of Tiburon hereby establishes goals of 80% landfill diversion by the end of 2012, and 94% landfill diversion by the end of 2025; and BE IT FURTHER RESOLVED that the Town of Tiburon commits itself to the ultimate goal of Zero Waste, whereby no materials are land-filled, but instead are fully recycled, repaired and/or reused; and BE IT FURTHER RESOLVED that the Town of Tiburon, through the Solid Waste Management JPA, will support the implementation and progressive refinement and strengthening of the Regional Integrated Waste Management Plan and the development of a Strategic Plan that will provide guidance in the planning and decision-making process to achieve the JPA's Zero Waste Goal. TIBURON TOWN COUNCIL RESOLUTION NO. PASSED AND ADOPTED at a regular meeting of the Town Council on January 18, 2012, by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR TOWN OF TIBURON ATTEST: DIANE CRANE IACOPI, TOWN CLERK TIBURON TOWN COUNCIL RESOLUTION NO. it ,-5 I~ O C] C) C N cu (1) C Q N ~ O CD n N c 2 ~ N 0 O CD N CD) cm C C cu U cCS O O N_ O j N CD O 9 CO O C7. N N O E CD 2 `5 ~ O Q C O ~ i CJ j O N cz O L N C ca cm U T U Cu C O U CJ cA cc$ d- C`7 O 4- co cz U CD U - v o I- O Oc O C O cu O C1 cc U) C L- O O C) - :6 U O 0 C U 'C =3 -cc O a) O " Q C O i CK5 co M C E O CO - O CL) C O aD E (3 y- E ° cu O (1) a 75 cn O c l) ~ p CD O o ~ N Q m Cp m O O cz O (:L) CM O cn Q c C2 Cl) CC S CZ U O O cc (a) f-- W C O O C/3 U Cc cn O a) E _SD a) p O co c O i CZ O - E O ca C) cz a) ~ 4) O Q E O p O O C2 cn 5 C O O C C cu a5 c E C C O U a~ O E a) x 2) O ~ CL) -C- N cC _ "O Q- En ca c (1) OJ O 2 CL) U C w~-+ CL) 2 CJ ° E co C-) E p _ "O O cz E o CQ Q O ~ L O L C7 ~ ~ Q 5, C C C C) O L U L co E M 4- Q cn , a) cn m a U U CL) (1) N U C U - c=' cv O E O 4- 4--; U) as ` c a~ cn O E - CD co CD O C O E CN O ` cu O Q CD a) O Q CU a' E O 'J C cap cn O O O U cu a~) O' co = CJ O CD- ~2 ~ E C) cnn O Cn CI ~ ~ CZ Q) w ~ C C L cu O O E CD- E n O N O U C ~ Lij Q O cu ~ cn c c -C O C p a, O7 ( O ca_ V) a) -C 0 E L p Z L U I Z) C2 i p C O U : O O W C C) O Q c 0 co Q c CC C- -C Q C C3 cn c CJ O = O O E 7C ` U N O O O O cn a) CD -V cn O cn EE = 15 E -ID CD O L j L CC ~ 'Q E cn cis (D c U) E _ O O C) o a) c~ E U C~ CL) M) .N _ C L C) C CZ 'cC 7C3 CD - L) O O -p O - -p ' C~ O " CZ ~ Co c N . O E Q O (D C L -2 C C) c cn -0 O CZ O F- L CL CJ C N c cn E C > Q) Ca C2 CLO E a-, O C 4O cu O O C O C CD ` > o 'C O _0 N o ~ U) U3 cz O "O p CZ N Co O C 4- O i CD CD CJ cm O c~ =3 i CZ = O +-2 Cl) CD C U) CIO =3 cz cz _0 U cu ca a) A.-' E CSC c O - a) 2 CD E E C) m 3: -M o - ~ N C U CZ CZ U O E -0 CU - L L cm O cz O Q cn C, C1 C C CD 4- C Fes- ` U Q U 4 o cm Lo F- W .O CD U) a) cz > Q cn c o a 4-= C') CC$ U U V T C j N Cu Z' cO E U C) cz -C3 O 4- cn O C) N cm CD -C Q~ ca Q ` CD CJ U O CD O O 07 C O CD 00 CD i N -Q > cis 'C ~ i C H O C l I O F- M co Cn o I 'O U r' Ln CO co _I . -tt -ct 00 -i C C7 2 CD { i i o : Ln N C J O ] O O co . y Co Ni C o cn W•. E ca > co CD! J . cm O cn O cm cc co N C1 E c O C o o C) E :.Q) _ C O Q y J 'C GJ ' J= Cvj > a) C) M ~ N y co U U Q M M :L C cn c~ U C O C) U C O cz OJ C C] C CD E ♦O V M C O U a~ cn O U .n 9 C N O C O O CO 'C V (3i LOI O •i d N Z cm co r." C C ` C ~ C C cc Q N O ~ E cm n o a v E 0 Lo N c. J O = y m cD N > C) J i N C] CD N p 4- N E of -a ! O N N w 'o U ~i C 0 C 0 H co a~ 2 ~ i M r_ CL5 C O U Q a' c4 v 0 F- 0 CD N 7-77-wx~ Jr-r NO. 01 O C O U W 70 O C CD E O U CU L 4- O Q~ C O O 4- CD L (U to C O U C CU C. cis O cm O cm cn cz O a~ N CD a) U cz O U O Cl co O.. O Q N ~ U "O C~ r-~ Cn C~CS o U c C-) a s CD v cu w cm cn a 4- U C CO 4.- L L- O -I-- O L U C (t3 ` C CD LL L- O U - U 4-1 O O Q C N U cu 1 C O N cz ~ U O . -o O 0 J C O -C cm O ~ ca C O O O C cm -0 O U) O O L M U cn _ C O Q - cm cz CIO O - co 'C3 cz > L ~ m C C SD O C - CD w CC CD - J c ~ p C j O w Q M O ( cc CD . CD C ~ cc Cn T3 O C C U) CD 4 L Q~ O O CZ O O ~ co CD c 4J a) C/) 0 ~ - C U_ U:) CD cz Cn 'U -0 E N CD -0 0 O O 'O O c _ L Q cm O C C) Q co L CC3 X (n O C Li- a) U -O U O O CD C) m E Q E = C a) cz C Cn -O U Q C O a~ O O cn c O CD CD O O E C O cn - U ) U 3: Q OL 4- T- CD r C/) cz -0 > 70 E CD O Q -0 O cz cu a) CD U) y_ cu CD - C CD E w-• _0 C C 0 - O 4- cn E CD r cu 0 .7 CD 0 70 C U O C' 1 c U) i L C~3 cz CD C ~ a) O U) U O CD C-0 U C O O - O i L- d Q 4- C :~5 O U) U Q O cis O CD CD O coo cm E C$') >O CIO 4- "C3 c~ crJ O fn c~ c " C[5 "O C a~ co c j = O C O U C-) O ca CD Q - a U O E o ° a) C ° O a cn X LU co cz CD C C L . E Q U c O cz L a~ ~-f C LO O -p C O a~ L a O C cu C~ C ) C "O C U ~ 3: O c ° U a' - o ` O C cz CD cn E }L 4- cz a ~ + a~ D L E C O 4- C 75 p p O CD > p E > cn 0- U U 0 " O CD CL O LLJ Cl- Q O Q CV C7 LO co i~ CO 03 r 0 U Q Q~ :4 E r_ O J O r_ O F- LC) N TOWN OF TIBURON 1505 Tiburon Boulevard Tiburon, CA 94920 To: From: Subject: Reviewed By: BACKGROUND Mayor and Members of the Town Council Town Manager and Town Attorney Town Council Meeting January 18, 2012 Agenda Item: , ~ Recommendation to Adopt Resolution Accepting Housing Function of the Redevelopment Agency The Town formed the Tiburon Redevelopment Agency ("RDA") in 1983, adopting a redevelopment plan at the same time. The RDA has been largely inactive for many years and the Plan has expired. However, State law obligates the RDA to create affordable housing in the Plan area. During the life of the Plan, the RDA set aside restricted housing funds for that purpose. Toward the end of 2010, the Governor proposed terminating redevelopment agencies throughout the State, to divert their resources to other agencies and purposes. To protect local control over the RDA's assets, the RDA transferred its housing funds to the Marin Housing Authority subject to a Cooperation Agreement that provided for use of the funds pursuant to an Affordable Housing Plan, in consultation with the Town. On June 27, 2011, the California legislature passed Assembly Bills 1 X26 and 1 X27, which were signed into law by the Governor. These bills basically mandated that all redevelopment agencies would be dissolved unless the city that created the agency enacted an ordinance committing itself to make certain mandatory "voluntary" payments. The following month, the League of California Cities and the California Redevelopment Association filed suit asking the California Supreme Court to overturn both bills. On December 29, 2011, the Court upheld AB 1 X 26 and struck down AB IX27. The result: all redevelopment agencies are dissolved as of February 1, 2012. At the time of this writing, the Legislature is considering an urgency bill to extend this deadline, but passage is not guaranteed. ANALYSIS Under AB IX 26, the Town is the default successor agency to the RDA.' However, if the Town wishes to retain the RDA's housing functions and assets, the Council must adopt a resolution The Town had the option to elect not to serve as the Successor Agency. However, this recusal would conflict with the Council's policy of maintaining control over the RDA's assets, as evidenced by the Cooperation Agreement. affirmatively electing to do so. If the Council does not make that election, the housing functions and assets would pass to the Marin Housing Authority. At present, the Marin Housing Authority is committed to use the RDA's assets subject to the Town's guidance. However, AB IX 26 creates the possibility that the Cooperation Agreement and fund transfer could be reversed, either by the State Controller or a County oversight board. In that event, the funds would go to the agency that assumes the RDA's housing functions. If the Council does not assume the RDA's housing functions, the Marin Housing Authority would receive the funds without the protections of the Cooperation Agreement. RECOMMENDATION Staff recommends that the Town Council: Adopt a Resolution electing to retain the housing assets and functions previously performed by the Tiburon Redevelopment Agency Exhibit: Draft Resolution Prepared By: Ann R. Danforth, Town Attorney RESOLUTION NO. RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ELECTING TO MAINTAIN THE HOUSING ASSETS AND FUNCTIONS OF THE TIBURON REDEVELOPMENT AGENCY AS SUCCESSOR TO SAID AGENCY WHEREAS, pursuant to the Community Redevelopment Law (Health and Safety Code Sections 33000 et seq.), on November 18, 1983, the Town Council of the Town of Tiburon ("Town") created the created the Tiburon Redevelopment Agency and adopted the Tiburon Redevelopment Plan pursuant to Ordinance No. 279 N.S.; and WHEREAS, as part of the 2011-2012 State budget bill, the California State Legislature enacted, and the Governor signed, companion bills AB 1 X 26 and AB 1 X 27 (together known as the "Redevelopment Restructuring Acts"), which eliminate every redevelopment agency subject to limited exceptions; and WHEREAS, on July 18, 2011, the League of California Cities and the California Redevelopment Association filed suit in the Supreme Court of the State of California, California Redevelopment Association v. Matosantos (Case No. S 194861), challenging the constitutionality of and requesting a stay of enforcement of AB 1 X 26 and AB 1 X 27 ("Lawsuit"); and WHEREAS, on December 29, 2011, the California Supreme Court issued its opinion in the Lawsuit upholding AB 1 X 26, which dissolves all redevelopment agencies, and striking down AB 1 X 27, thereby requiring the dissolution of all redevelopment agencies by February 1, 2012; and WHEREAS, pursuant to AB 1X 26 now codified in part as Health and Safety Code section 34173(d)(1), the Town of Tiburon has decided to act as the Successor Agency of the Tiburon Redevelopment Agency; and WHEREAS, the Tiburon Redevelopment Agency is statutorily obliged to create 5.5 affordable housing units within the Tiburon Redevelopment Plan Area; WHEREAS, on March 16, 2011, the Tiburon Redevelopment Agency entered into Cooperation Agreement with the Marin Housing Authority ("Authority"), whereby the Tiburon Redevelopment Agency Agreed to transfer its housing funds to the Authority in return for the Agency's commitment to expend those funds to satisfy the agency's outstanding affordable housing obligation, subject to the Town's guidelines as set forth in said agreement; and; WHEREAS, pursuant to Health and Safety Code Section 34176, the Town Council can elect to retain the housing assets and functions of the Tiburon Redevelopment Agency by adopting a resolution documenting that election and the Town Council elects to do so to retain its rights under the Cooperation Agreement; Page 1 of 2 NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Tiburon that, as Successor Agency to the Tiburon Redevelopment Agency, the Town elects to retain the housing assets and functions previously perfonned by said Agency pursuant to Health and Safety Code Section 34176. BE IT FURTHER RESOLVED that the Town Council directs the Town Manager to file a copy of this resolution with the County Auditor-Controller. The foregoing resolution was passed and adopted by the Town Council of the Town of Tiburon at a special meeting thereof, held on the th day of January 2012, by the following vote: AYES: NOES: ABSENT: ATTEST: DIANE CRANE IACOPI, TOWN CLERK Page 2 of 2 EXHIBIT A ENFORCEABLE OBLIGATION PAYMENT SCHEDULE Under AB IX 26, an enforceable obligation is any of the following: (A) Bonds, as defined by Section 33602 and bonds issued pursuant to Section 58383 of the Government Code, including the required debt service, reserve set-asides, and any other payments required under the indenture or similar documents governing the issuance of the outstanding bonds of the former redevelopment agency. (B) Loans of moneys borrowed by the redevelopment agency for a lawful purpose, to the extent they are legally required to be repaid pursuant to a required repayment schedule or other mandatory loan terms. (C) Payments required by the federal government, preexisting obligations to the state or obligations imposed by state law, other than pass-through payments that are made by the county auditor-controller pursuant to Section 34183, or legally enforceable payments required in connection with the agencies' employees, including, but not limited to, pension payments, pension obligation debt service, unemployment payments, or other obligations conferred through a collective bargaining agreement. (D) Judgments or settlements entered by a competent court of law or binding arbitration decisions against the former redevelopment agency, other than pass-through payments that are made by the county auditor-controller pursuant to Section 34183. Along with the successor agency, the oversight board shall have the authority and standing to appeal any judgment or to set aside any settlement or arbitration decision. (E) Any legally binding and enforceable agreement or contract that is not otherwise void as violating the debt limit or public policy. However, nothing in this act shall prohibit either the successor agency, with the approval or at the direction of the oversight board, or the oversight board itself from terminating any existing agreements or contracts and providing any necessary and required compensation or remediation for such termination. (F) Contracts or agreements necessary for the administration or operation of the successor agency, in accordance with this part, including, but not limited to, agreements to purchase or rent office space, equipment and supplies, and pay-related expenses pursuant to Section 33127 and for carrying insurance pursuant to Section 33134. (G) Amounts borrowed from or payments owing to the Low and Moderate Income Housing Fund of a redevelopment agency, which had been deferred as of the effective date of the act adding this part; provided, however, that the repayment schedule is approved by the oversight board. 09959.00000\6849049.6 Under this definition, the RDA's sole enforceable payment obligation is the creation of 5.5 very housing units affordable to very low income households. The information required by AB IX 26 is as follows: (A) The project name associated with the obli ation: Cooperation Agreement with the Marin Housing Authority (B) The payee: The Marin Housing Authority. (C) A short description of the nature of the work, product, service, facility, or other thing _of value for which payment is to be made: See attached Affordable Housing Plan. (D) The amount of payments obligated to be made, by month, through April 2012: $0.00. The Marin Housing Authority already holds the RDA housing funds. 09959.00000\6849049.6 ATTACHMENT A AFFORDABLE HOUSING PLAN 1. Affordable Housing Projects and Programs. A. The Housing Fund monies provided to the Authority under this Agreement must first be spent to satisfy the Agency's Affordable Housing Requirement. B. Any funds remaining after the Agency's Affordable Housing Requirement has been met shall be used to provide moderate, low, very low or extremely low income units in accordance with state law and the Town's General Plan and Municipal Code, or to assist with the following types of affordable housing- related programs: • Developer Loans for development of affordable rental housing • First Time Homebuyer Program consistent with Redevelopment Law - including down payment assistance, equity share or closing cost loans • Transitional Housing to assist with homeless prevention • Housing Rehabilitation consistent with Redevelopment Law A-1 EOPS Attachment 1-18-12.doc To: From: Subject: Reviewed By: BACKGROUND TOWN OF TIBURON 1505 Tiburon Boulevard Tiburon, CA 94920 Mayor and Members of the Town Council Office of the Town Clerk Town Council Meeting January 18, 2011 Agenda Item: 4 ~ / Appointment to fill Vacancy on Planning Commission A vacancy occurred on the Planning Commission due to the appointment of Frank Doyle to the Town Council. The Town Clerk published a Notice of Pending Vacancy and the Council began receiving applications for the position in November. At its November 16 regular meeting, the Council interviewed three candidates: --Rick Waterman --Patrick McNerney --Kam Shadan The position was advertised as "open until filled" and the Town Clerk continued to receive inquiries since the November 16 meeting. At tonight's meeting, the Council will interview another candidate, Jon Welner, whose application was received on December 5, 2011. No other applications have been received since that date. RECOMMENDATION Staff recommends that the Town Council: 1. Interview the remaining applicant and consider making an appointment to fill the Planning Commission vacancy at tonight's meeting, or 2. Direct staff to continue advertising for the position. Exhibits: Notice of Planning Commission Vacancy (December 2010) Applications of Messrs. Waterman, McNerney, Shadan and Welner Prepared By: Diane Crane Iacopi, Town Clerk ~~'~tCE TOWN OF TIBURON NOTICE OF PENDING VACANCIES December 2011 PLANNING COMMISSION - (Statutory Authority: Section 3.04 of Tiburon Zoning Ordinance) Purpose: The Planning Commission reviews and acts on applications for Conditional Use Permits, Secondary Dwelling Unit Use Permits, Minor Subdivisions, Lot Line Adjustments and certain other required applications. The Planning Commission also makes recommendations to the Town Council regarding Zone Changes, Zoning Text Amendments, Precise Development Plans, Major Subdivisions, and amendments to Master Plans and the Tiburon General Plan. Decisions of the Commission are final, unless appealed to the Town Council. Qualifications: Applicants must be residents of the Town of Tiburon and have the interest, dedication and time commitment to promote the general welfare of the community through proper interpretation and implementation of the Tiburon General Plan and Tiburon Zoning Ordinance. Term: 4 years, subject to reappointment. The pending vacancy on the Planning Commission has occurred as follows: Appointee Date Appointed Date Resiyned Term Expires 1) Frank Doyle January 2010 December 2011 * February 2014 *Mr. Doyle was appointed to the Town Council and took office on December 7, 2011. Deadline for Applications: December 21, 2011 (Position open until.filled). Applications can be found on the Town's website, www.ci.tiburon.ca.us (link to "Useful Forms"). Submit your application and letter of interest to Town Clerk, 1505 Tiburon Boulevard, Tiburon, CA 94920. --Notice published in The Ark on October 26 and November 2, 2011 --Posted at Tiburon Town Hall and Bel/Tib Library 11/03/2011 09:46 4153814460 PAGE 01 NOV F C E ~ V E --1 -32011 TOWN CLERK TOWN OF TIBURON ctions and A lication to Serve on, a Town !so Commission oar Committee Council considers appointments to various Town boa nd and The Town ns and committees throughout the year due to. term expirations commxssio unforeseen vacancies. In an effort to broaden participation by local residents in Tiburon 's governmental process and activities, the Conned needs to know your interest in serving the Towns in sowne capacity. Please to your specific areas of interest and special shills or experience ~x~d~ca y p of this form which would be beneficial to the Town, by completing lalvd Tiburon biburonoth CA pages 94920, or fax it to returning it to Town Hall, 1505 Tiburon Blvd, (415)435-2438. Copies of the application will be forwarded to the Town Council and a'1 informal interview will be scheduled when vacancy occurs.Your application. year. remain on file at 'T'own Hall for a period of one (1) y Thank you for your willingness to serve the Tiburon community. Diane Crane Iacopi Town Clerk ~c.kck~k*~Ic;k~R~!'~k~l~~k~k~k~k~kak~lc~k~k>k*>koKBc*+kok ~ AREAS OF INI Please Iodiente Your Area(9) of Interest in Numerical Order (#i Being tbo Creacest Interest) 1 LA,NNING # PARTS & OPEN SPACE P. . ~ DESIGN REVIEW RECREATION AGE & ARTS DISASTER PREPAREDNESAGING L x MARJN COMMISSION ON LIBRARY ]BICYCLE/PEDESTRIAN ADVISORY COMMITTEE r 1 11/03/2011 09:46 4153814460 PAGE 02 13ERSONAL D TA will be accepted; poly computer-generated or rypewritteat copy Attach Separate pR$es, including resumes end cover letters, if neceS9ary. Kick Waterman NAME 36 Sou.th:ridge West Ti.buLOn, Calif. 94920 MAILING ADDRESS: 391-4460 .5 dl -yRlb I Work: HerFi Fax No' TELEPHONE: Home: tceedlanG.s PROPERTY OWNERS' ASSOC. (if applicable) 1 i o ~ i 2 011 1-~- DATE SUBMITTED: TIBURON RESIDENT: (Yerrs) REASONS FOR SELECTING YOUR iil~ E,AS Or INTEREST Tiburon homeowner over the past 1,4 I have anjoYod he he.neLi.ts of being a. _n. a way that would . I would like to give back to MY commun.lty affords us. years ity of 1.i.fe that our community continue to fogl:er thn Qu' al. A. LICAI3LL UALIFICA TONS EXPFRi NCF invoi.ved w,.th anal on z personal. have been. government-al. :I.gsues As an attorney, planning, and v0,ri.ovs 9p ~ann.in ►archi.tactual pt•at~n r.oCes9 q I have gone through the p con.struction► P~• houses . :fo,r over 35 years . T have bu~.li: many iarity w3.th the procedural and substantive miancEs. many times and. bzvc _ Eamit resident of ~ldent of '-1 very large nonprofit organizaty.on., and the p ~s the pros, I 0.1so have over 'two deC1dGS of experience in a Holn,eownCrs aq,oeiation, • laboratively with people of all points of view, and in fashioning workiworking co. compronxi= es . Town Hail Use Date Application Received: Interview Date. Appointed to: - (Commission, Board or Committee) Date Term Expires: I E C E ~ 4 Y E I z (Date) Length of Term: TOWN CLERK TOWN OF TIBURON D E G V ~v E NSW - 3 't011 TOWN CLERK TOWN OF TIBURON Instructions and Application to Serve on a Town Board, Commission or Committee The Town Council considers appointments to various Town boards, commissions and committees throughout the year due to term expirations and unforeseen vacancies. In an effort to broaden participation by local residents in Tiburon's governmental process and activities, the Council needs to know your interest in serving the Town in some capacity. Please indicate your specific areas of interest and special skills or experience which would be beneficial to the Town, by completing both pages of this form and returning it to Town Hall, 1505 Tiburon Blvd, Tiburon CA 94920, or fax it to (415)435-2438. Copies of the application will be forwarded to the Town Council and an informal interview will be scheduled when a vacancy occurs. Your application will remain on file at Town Hall for a period of one (1) year. Thank you for your willingness to serve the Tiburon community. Diane Crane Iacopi Town Clerk AREAS OF INTEREST Please Indicate Your Area(s) of Interest in Numerical Order (#I Being the Greatest Interest) #1 PLANNING # PARKS & OPEN SPACE DESIGN REVIEW # RECREATION # HERITAGE & ARTS # DISASTER PREPAREDNESS # LIBRARY # MARIN COMMISSION ON AGING # BICYCLE/PEDESTRIAN ADVISORY COMMITTEE 1 PERSONAL DATA Only computer-generated or typewritten copy will be accepted; Attach separate pages, including resumes and cover letters, if necessary. NAME: Patrick McNerney K~k~.•~ 11 MAILING ADDRESS: 1691 Mar West Street, Tiburon 04046 /tSy-5t54ti 415-601-2200 415-348-8058 TELEPHONE: Home: Work: Fax No. PROPERTY OWNERS' ASSOC. (If applicable) TIBURON RESIDENT: 5 months 11-2-11 (years) DATE SUBMITTED: REASONS FOR SELECTING YOUR AREAS OF INTEREST Having been 4 multi-family home builder in San Francisco for the past 20+ years, I am passionate about great design, the integration of developments into the community, and sustainable practices. See attached for added info. APPLICABLE QUALIFICATIONS AND EXPERIENCE Applicable experience includes the following: * President, Martin Building Company (resume and sample portfolio attached) (www.martinbuilding.com) * Board of Directors - member, San Francisco Architectural Heritage (www.sfheritage.org) * Secretary, Urban Preservation Foundation (www.urbanpreservation.org) ----------------------------------------------Town Hall Use Date Application Received: Interview Date: Appointed to: (Commission, Board or Committee) Date Term Expires: D NUS' J (Date) Length of Term: 2 TOWN CLERK TOWN OF TIBURON MARTIN INIMZ9711 OVERVIEW Founded in 1989 and located on the edge of San Francisco's SoMa District, Martin Building Company is a multi-disciplinary design, construction and development firm. Renowned for its commitment to quality design, historic preservation and neighborhood-oriented urban infill development, Martin Building Company strives to craft an intriguing blend of contemporary design and civic spirit into all of its projects. A full-service firm with special expertise in historic preservation, its expanding portfolio consists of a wide range of new construction and renovations in diverse buildings and sites primarily in San Francisco. Martin Building Company's credentials include single-family residential, multi-unit residential, commercial office buildings, restaurants, multi-building urban developments, adaptive reuse projects, and historic renovations. Services Martin Building Company provides expertise in every stage of the real estate process, from acquisition, design and general contracting through marketing and management. • General contracting • Architectural design • Real-estate acquisition • Property management • Real-estate marketing • Urban planning • Historic preservation PATRICK MCNERNEY, PRESIDENT Patrick McNerney, owner and president of Martin Building Company, is responsible for the restoration and adaptive re-use of more than twenty historically significant buildings in San Francisco. Demonstrating a great deal of initiative and success in the urban revitalization of the Central Market district, centered around 5th and Jessie Streets, he has successfully transformed a group of underutilized, seismically unsafe, vacant historic buildings into an attractive and safe urban neighborhood. Among these notable developments are Mint Plaza, San Francisco's newest public outdoor space; Mint Collection, a mixed-use residential/live-work/commercial development (buildings include 2 Mint Plaza, 6 Mint Plaza, 10 Mint Plaza, and 14 Mint Plaza); and Mezzanine, a richly diverse music and events space located at 444 Jessie Street. Mr. McNerney has provided oversight for all of his firm's architectural operations including design review, action and coordination with government agencies. His expanding portfolio includes a range of new construction and renovations in diverse property types in San Francisco, Los Angeles, and New York including single-family housing, live/work spaces, custom residences, commercial office buildings, restaurants, multi-building urban developments, and adaptive reuse projects. Mr. McNerney is a broker member of the National Association of Realtors and California Associations of Realtors, and serves on the advisory boards for the San Francisco Architectural Heritage and Urban Preservation Foundation. He is a graduate of California Polytechnic State University, San Luis Obispo. COMPANY ADDRESS 14 Mint Street, Fifth Floor San Francisco, California 94103 Telephone 415.442.4800 Facsimile 415.442.4811 www.martinbuilding.com www.mintcollectionsf.com www.mintplazasf.org H D E C E ~ V E - NOV 10 ZOii TOWN OF TIBURON TOWN CLERK TOWN OF TIBURON COMMISSION, BOARD & COMMITTEE APPLICATION The Town Council considers appointments to various Town commissions, boards and committees throughout the year due to term expirations and unforeseen vacancies. In an effort to broaden participation by local residents in Tiburon=s governmental process and activities, the Council needs to know your interest in serving the Town in some capacity. Please indicate your specific areas of interest and special skills or experience which would be beneficial to the Town, by completing both sides of this form and returning it to Town Hall. The application form can also be found on the Town's website, www. ci. tiburon. ca. us. Copies of the application will be forwarded to the Town Council and an informal interview will be scheduled when a vacancy occurs. Your application will remain on file at Town Hall for a period of one (1) year. Thank you for your willingness to serve the Tiburon community. Diane Crane Iacopi Town Clerk AREAS OF INTEREST Please Indicate Your Area(s) of Interest in Numerical Order (#1 Being the Greatest Interest) X PLANNING DESIGN REVIEW HERITAGE & ARTS LIBRARY PARKS, OPEN SPACE & TRAILS JT. RECREATION COMMITTEE DISASTER PREPAREDNESS _ MARIN COMMISSION ON AGING 1 PERSONAL DATA Only computer-generated or typewritten copy will be accepted; Attach separate pages, including resumes and cover letters, if necessary. NAME: Kam (Kambiz) Shadan Street & Mailing ADDRESS: Mail-P.0, Box 403 Tiburon CA 94920. Own homes at 38 Reed Ranch Road and 121 Jefferson Drive. e-mail = kshadanC &g_fnet.com TELEPHONE: Home: 415-760-0346 Work: 415-384-0822 Ext. 3505 PROPERTY OWNERS= ASSOC. (if applicable) Reedlands/Belveron TIBURON RESIDENT: (nears) 34 years DATE SUBMITTED: 11-09-11 REASONS FOR SELECTING YOUR AREAS OF INTEREST I am a former Design Review Board member and have 34 years of experience and qualification in policy/planning/environmental, design, and construction of major public/private infrastructure, and community development capital projects. I would like to contribute my knowledge in solving current planning problems in Tiburon in order to assure sustainable community development while preserving and improving the quality of life. See the attached Dossier. As the former member of the Tiburon Design Review Board and 34-year resident of Tiburon, I have deep knowledge and interest in improvement of Tiburon. I have lived in several neighborhoods in Tiburon and am currently on the board of Reedlands and a block chair. I am a Registered Professional Engineer (PE), General Engineering and Building Contractor and Real Estate Broker in the state of California. I have led planning and environmental review of major community, real estate, and infrastructure projects in Tiburon, Marin and the greater bay Area for the last three decades. See the attached Dossier. lVv 9 : v . . 2 TOWN CLERK TOWN OF TIBURON NOV E C N YE 10 2011 D TOWN CLERK TOWN OF TIBURON Kam Shadan, P.E. President, Gannett Fleming, Project Development Corporation Real Estate Division, Vice President, Regional Manager, Gannett Fleming Inc. kshadan@gfnet.com Cell 415-760-0346 Kam Shadan is the Vice president of Gannett Fleming Inc. and the president of the affiliate company, Gannett Fleming Project Development Corporation, Real Estate Division, with an office in Mill Valley, California. The company is the acquisition, development and construction arm of Gannett Fleming, Inc., a leading engineering and construction firm nationwide. Established in 1915, Gannett Fleming has become one of the nation's top engineering companies with over 2200 employees in more than 50 offices worldwide. The Real Estate Division manages development and construction of public- private partnership projects from concept to completion, providing a full range of professional services, corporate know how, and strong alliances with finance companies, property managers, and marketing and sales professionals. The Company provides a one-stop solution for corporate, government, non-profit, and institutional investors for acquisition, development, and construction of underutilized investment real estate intent on building the local communities. Shadan is a 39-year resident of Marin County and 34-year resident of Tiburon. He is an expert in planning/environmental, development and construction oversight of major public and private community development and transportation projects with experience ranging three decades in transportation and mixed-use housing development. He has dedicated much of his life to the Marin community, and offers this community an opportunity to benefit from the services of a national company, Gannett Fleming, Inc., and its affiliate companies, through his leadership and support from a local team of professionals. He offers specialized services in Acquisition, development and construction of underutilized real estate assets. Shadan's community work began when he was a volunteer docent on Angel Island where he led natural and cultural history tours for visitors. He also served on the board of the Marin Volunteer Center, Volunteer Engineer for Tiburon Peninsula first General Plan update and, on the Tiburon Design Review Board in the 1990's. He is an elected member of the California Transit Association's executive Committee. He serves as board member and block chair of the Reedland's Homeowner's Assco. He served as community organizer/resident of Bel Air, Hilary Drive, and Circle drive. He currently owns homes on Reed Ranch Road and Jefferson Drives. Shadan has been a member of San Rafael Chambers of Commerce and currently serves as a member of the San Rafael Rotary International, Tiburon Peninsula Club, Marin Association of Realtors, Tiburon Chamber of Commerce. He is a Boy Scouts of America's den leader where his son (7) is a member. He is a member of the American Council of the Engineering Companies, Marin and Bay Chapters and served as Main Chapter President. He is a member of the Forensic Expert Wetness Association, Bay Area Chapter and served on its board, and served on the finance and marketing committee of the Main Work Force Housing Trust. He founded the Workforce Housing committee for the Tiburon Chamber of commerce in 2007. Shadan is a licensed engineer, general building and engineering contractor, and real estate broker. He received his B.S. in engineering from U.C Berkeley and M.S. in Engineering Management from University of Santa Clara. He is the graduate of executive seminars on Private Equity and Venture Capital and Strategies in Project Development and Capital Market Access from Harvard Business School (HBS). He has taught design and construction project management at U.C. Berkeley and is a leading speaker and forensic expert on "project management standards of care." Relevant Accomplishments: • Led formation of a committee for workforce housing in the Tiburon Peninsula. • Principal Project Manager for County of Marin, Transportation Authority of Marin (TAM), Sonoma Marin Area Rail Transit (SMART), Marin County Transit, Town of Tiburon, and Larkspur Public Works projects intended to improve transportation infrastructure and facilities, reconstruct roads, calm traffic, improve accessibility (ADA), and plan drainage and flood control measures. • Principal Project Manager for environmental, planning and development of mix-use development projects including 51 Town Homes, and eight live-work units, mix-use commercial in Sonoma County and service commercial and mixed use developments in the East Bay with total budget of over 100 million dollars. • Program manager for oversight of Mega capital transportation projects with significant knowledge of complex planning and environmental issues for projects totaling over 10 billion dollars in budget for the Federal Transit Administration funded projects including Bay Area Rapid Transit (BART) extension to San Jose, Columbia River Crossing, and Los Angeles Metropolitan Agency. • Program manager for reconstruction of the San Francisco Waterfront and extension of the Historic F-Line project to Fisherman's wharf after the 1989 SF earthquake. Program Manager for planning, Environmental Reviews (NEPA and CEQA) and Preliminary Engineering for roads, bridges, and light rail extension on Third Street in San Francisco. Project Manager for reconstruction of over one million square feet of building and facilities in San Francisco. • Leading Speaker and expert with knowledge and depth of experience in private and public development and construction projects. Shadan has provided informative presentations in "Standard of Care for Project & Construction Management," "Partnering for Construction Success," and "Assuring Construction Project Success through Independent Oversight" before legal, real estate, development, construction, government and community interest groups including: The Marin Public Works Association, American Council of Engineering Companies, Marin Builders Association, the law firms of Severson and Werson and Sokes and Jones in San Francisco, the Marin Forum, the Marvelous Marin Breakfast Club, the Golden Gate Breakfast Club, Tiburon Chamber of Commerce. • Publications/Presentation: o OpEd piece on SMART was recently published in the Marin Independent Journal. o The Art of Internal Oversight Why do we need it? How do we do it?, APTA passenger Transport, 2011" o Public Private Partnership (P3) in Today's Capital Markets - Is it right for you? CTA Conference Presenter, 2009 o "Build it now!" California Transit Association Magazine Article Author, 2007 o Construction Project Management Handbook, Lead Author, 2006 D 1C.7- E SOT TOWN OF TIBURON COMMISSION, BOARD & COMMITTEE APPLICATION The Town Council considers appointments to various Town commissions, boards and committees throughout the year due to term expirations and unforeseen vacancies. In an effort to broaden participation by local residents in Tiburon's governmental process and activities, the Council needs to know your interest in serving the Town in some capacity. Please indicate your specific areas of interest and special skills or experience which would be beneficial to the Town, by completing both sides of this form and returning it to Town Hall. The application form can also be found on the Town's website, www.d* tiburon.ca.us. Copies of the application will be forwarded to the Town Council and -an informal interview will be scheduled when a vacancy occurs. Your application will remain on file at Town Hall for a period of one (1) year. Thank you for your willingness to serve the Tiburon community. Diane Crane Iacopi Town Clerk AREAS OF INTEREST Please Indicate Your Area(s) of Interest in Numerical Order (#l Being the Greatest Interest) X PLANNING PARKS, OPEN SPACE & TRAILS DESIGN REVIEW JT. RECREATION COMMITTEE HERITAGE & ARTS DISASTER PREPAREDNESS LIBRARY MARIN COMMISSION ON AGING D I OWN CLERK OWN OF TIBURON F,RSONAL DATA (PLEASEPRIT OR TAPE - A RE$UMAY BATTACHED AS'WELL) . NAME: 24 Juno Rd., Tiburon, CA 94929 (415) (415) TELEPHONE: Home: 435_ 4828Work: 848-4810 Fax No. (415) 848-4811 Jon Welner MAILING ADDRESS: PROPERTY OWNERS' ASSOC-of applicable) Belveron East Neighborhood Assn. TIBURON RESIDENT: (Years) 8 1/ 2 DATE SUBMITTED: 12 / 5 / 11 Town Hail Use 91 / 2- Date Application Received: Interview Date: Appointed to: Date Term Expires: (Date) Length of Term: 2 r (;t FRK 0VVN OF TIBURON December 5, 2011 Application for Planning Commission: Statement of Interest and Experience Jon Welner My family and I have lived at 24 Juno Road in Tiburon since early 2003. My wife's name is Pamela. We have three children: Mira (11), Benjamin (7), and Naomi (4). We love our neighborhood (Belveron East) and look forward to watching our children grow up here in Tiburon. I am a land use and environmental attorney. I graduated from Stanford Law School in 1995 and have practiced in the Bay Area ever since. From 2002 to 2010, I worked in the environmental group at Paul Hastings LLP in San Francisco (www.paulhastings.com). In early 2010, I opened the San Francisco office of Downey Brand LLP, a law firm based in Sacramento (www.downeybrand.com). I have extensive training and experience in land use law, including zoning, permitting, CEQA, and NEPA, and have represented numerous clients on these issues throughout the State. I would love the opportunity to put these skills to use on behalf of the community in which I live. I have long been interested in finding ways to contribute to our community. Pamela and I are active members of our neighborhood association, and take a great interest in the issues that affect Tiburon. I have served on the boards of numerous nonprofits, including two major institutions in Marin County: Congregation Rodef Sholom (2004-2010) and the Osher Marin Jewish Community Center (2010-present). I have also represented Marin nonprofits on a pro bono basis with regard to land use and permitting issues, specifically Slide Ranch (2008- 2009), Last Chance Committee (2009-present), and Devil's Gulch Ranch (2011-present). I believe that I can make a significant contribution to our community by serving on the Planning Commission. I look forward to discussing this possibility with you. ULt~ ~ 5 1 -I"OVVN CLERK "OWN OF TIBURON TOWN OF TIBURON r 1505 Tiburon Boulevard Tiburon, CA 94920 To: Mayor and Members of the Town Council From: Office of the Town Clerk Subject: 2012 Town Council Committee Appointments Reviewed By: _ BACKGROUND Town Council Meeting January 18, 2012 Agenda Item: -T- 2 Members of the Town Council are appointed by the Council to serve on a variety of local and regional committees, and joint powers authorities. They also serve on ad hoc Town committees, formed to study specific issues or projects, such as revisions to the Town's smoking ordinance, the Mill Valley Refuse franchise agreement, the Downtown Task Force, and the proposed Ned's Way recreation building. The Town Council reorganized at its December 7, 2011 meeting, appointing Jim Fraser as Mayor and Emmett O'Donnell as Vice Mayor. Jeff Slavitz is no longer on the Council and Frank Doyle has joined at its newest member. It is now timely to review the list of committee appointments and make appropriate updates and new assignments in light of the composition of the new Council. RECOMMENDATION Staff recommends that the Town Council: Review the 2010 Town Council Committee Appointments roster and make new or revised appointments for 2011; Exhibits: 2011 Tiburon Town Council Committee Appointments Prepared By: Diane Crane Iacopi, Town Clerk TIBURON TOWN COUNCIL COMMITTEE APPOINTMENTS 2011 1. STATE & REGIONAL AGENCIES 1. ASSOCIATION OF BAY AREA GOVERNMENTS (General Assembly meets in April and October) Jim Fraser, Delegate Emmett O'Donnell, Alternate 2. MARIN ENERGY AUTHORITY BOARD OF DIRECTORS (Meets I 't Thursday f -om 7-9 p. m. at I McGinnis Park-way" San Rafael) Dick Collins, Delegate Jeff Slavitz, Alternate 3. PRIORITY-SETTING COMMITTEE FOR COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAMS (CDBG) (Meets twice a year in Marin City and at Civic Center) Jeff Slavitz, Delegate Jim Fraser, Alternate 4. LEAGUE OF CALIFORNIA CITIES (Meets quarterly and at the Annual Conference in September; other events as published) • State Director, representing North Bay Division (elected July 2008; re- elected 2010) • Transportation, Communication & Public Works State Policy Committee - (2-year appointment by League President) Alice Fredericks 5. INSTITUTE FOR LOCAL GOVERNMENT (ILG) BOARD OF DIRECTORS (Research affiliate of California State Association of Counties & League of California Cities) (Meets quarterly; meetings rotate between Northern & Southern California) Director (appointed by League of CA Cities Board of Directors) Alice Fredericks 6. MARIN CLIMATE ENERGY PARTNERSHIP (ICLEI) Local Governments for Sustainability (Meets 1' Thursday, San Rafael City Hall) Laurie Tyler, Staff Liaison & voting board member (Mann Climate Energy Partnership) 7. MARIN EMERGENCY RADIO AUTHORITY BOARD OF DIRECTORS (Meetings scheduled as needed) Police Chief Michael Cronin Jeff Slavitz, Alternate Capt. David Hutton, 2nd Alternate Adopted January 5, 2011; amended March 28, 2011 Page 1 of 4 8. MARIN TELECOMMUNICATIONS AGENCY BOARD OF DIRECTORS (Meets 2"d Wednesday from 7-9 p.m., San Rafael City Hall) Jim Fraser, Delegate Jeff Slavitz, Alternate 9. REGIONAL AIRPORT PLANNING COMMITTEE (ABAG, MTC, BCDC) (Meetings scheduled as needed) Alice Fredericks, at large appointee by MTC (representing Marin County) 10. RICHARDSON BAY REGIONAL AGENCY BOARD OF DIRECTORS (Meets monthly on 2nd Wednesday at 6: 00 p.m. - Sausalito City Hall) Emmett O'Donnell, Delegate Jeff Slavitz, Alternate 11. TRANSPORTATION AUTHORITY OF MARIN BOARD OF DIRECTORS (Meets monthly on 4th Thursday at 7:30 p.m. - Board of Supervisors Chambers, Civic Center) [Four year terms, effective May 1, 2008] Alice Fredericks, Delegate (Ms. Fredericks also serves as the cities' Southern Marin Representative to the Executive Committee, as well as TAM's representative to MCCMC, and on the TAM Legislative Committee) Dick Collins, Alternate • Fredericks has been appointed to serve on the SB 375 Marin SCS Ad Hoc Committee formed by TAM in February 2011 12'. CITIZEN'S ADVISORY COMMITTEE OF THE WATER EMERGENCY TRANSIT AUTHORITY (Meetings scheduled as needed) Emmett O'Donnell, Delegate Alice Fredericks, Alternate II. LOCAL AGENCIES/COMMITTEES 1. BELVEDERE-TIBURON JOINT DISASTER ADVISORY COUNCIL (Meets hi-monthly on 2"d Tuesday from 4:00 - 5:30 p.m. in the Town Council Chambers) Jim Fraser, Town Council Representative 2. BELVEDERE-TIBURON JOINT RECREATION COMMITTEE (Meets bi-monthly on 3rd Monday in the Town Hall Community Room) Jim Fraser, Town Council Liaison Adopted January 5, 2011; amended March 28, 2011 Page 2 of 4 III. TOWN AD HOC COMMITTEES (Meetings scheduled as needed) 1 2011-2012 BUDGET i. Alice Fredericks ii. Jiro Fraser 2 DEL MAR CLAIMS i. Dick Collins ii. Emmett O'Donnell 3 PARADISE DRIVE AGREEMENT i. Alice Fredericks ii. Jeff Slavitz 4 MARTHA PROPERTY APPLICATIONS i. Dick Collins ii. Alice Fredericks 5 LEGISLATIVE ACTION (Mayor/MCCMC Representative) i. Alice Fredericks ii. Jeff Slavitz 6 CORPORATION YARD REDEVELOPMENT i. Dick Collins ii. Emmett O'Donnell 7 LYFORD DRIVE PARKING i. Dick Collins ii. Emmett O'Donnell 8 RECREATION MASTER PLAN i. Alice Fredericks ii. Jeff Slavitz 9 DOWNTOWN ISSUES i. Dick Collins ii. Jim Fraser 10 SMOKING ORDINANCE i. Alice Fredericks ii. Jim Fraser 11 NED' S WAY PROJECT i. Jim Fraser ii. Emmett O'Donnell Adopted January S, 2011; amended March 28, 2011 Page 3 of 4 12 REVIEW OF GARBAGE (MVRS) CONTRACT i. Richard Collins ii. Emmett O'Donnell V. MCCMC APPOINTMENTS • Elected by MCCMC Local Agency Formation Commission (LAFCO) (Meets second Thursday at 7: 00 p.m., San Rafael Council Chambers) Jeff Slavitz • Town Appointments to MCCMC Committees 1. Legislative Committee (Meets4thd Monday at 8: 00 a.m., San Rafael City Hall) Alice Fredericks (also serves as Chair) Dick Collins, alternate 2. JPA Oversight Committee (Meetings scheduled as needed) Jim Fraser, delegate Jeff Slavitz, alternate 3. Marin Green BERST (Green Building, Energy Retrofit and Solar Transformation Collaborative) (Meetings scheduled as needed) John Kunzweiler, delegate (Planning Commissioner) Emmett O'Donnell, alternate 4. Pension Reform Subcommittee (Meetings scheduled as needed; will report quarterly to MCCMC; sunsets in 2011) Emmett O'Donnell, delegate Jeff Slavitz, alternate VI. TOWN APPOINTMENTS IN OTHER AREAS OF INTEREST MarinMap Steering Committee- (Meetings scheduled as needed) Nicholas Nguyen Chad Monterichard, Alternate Marin County Hazardous & Solid Waste JPA (Meets quarterly) Town Manager Peggy Curran Adopted January S, 2011; amended March 28, 2011 Page 4 of 4 To: From: Subject: Reviewed By: BACKGROUND TOWN OF TIBURON 1505 Tiburon Boulevard Tiburon, CA 94920 Mayor and Members of the Town Council Community Development Department Town Council Meeting January 18, 2012 Agenda Item: I / IRecommendation l to Adopt Revised Fee Schedule for the Community Development Department & Administrative Services Department The Town is proposing revisions to the fee schedule used by the Community Development Department and the Administrative Services Department. The revisions are a mixture of fee increases, fee reductions, and new service fees. Review of the fee schedule is essentially a semi- annual process, with the most recent review being conducted in January 2010. ANALYSIS Community Development Department & Miscellaneous Services Fee Schedule The proposed revisions to the fee schedule are shown in strike-through/double-underline format in the Draft Fee Schedule Resolution, attached as Exhibit 1. Revisions are summarized below, with page references to Exhibit 1 in parentheses following each revision. The revisions would: ➢ Create separate line items for "Keeping of Chickens or Bees" permits. These uses currently require a more expensive conditional use permit, but the Planning Commission is reviewing a simplified process that would enable the lower fees to be charged. As proposed, these staff-level permits would cost $250 in order to recover processing costs and staff time. This would constitute a fee reduction over current application fees (p. 2). ➢ Increase Condominium Conversion Conditional Use Permit application fees to match those of other Conditional Use Permits. Due to an oversight, these initial deposit fees were not previously increased to match those for standard Conditional Use Permit applications, even though the process is the same (p. 2). ➢ Reflect increased State Department of Fish & Game fees for review of CEQA documents; these are state-imposed pass-through fees over which the Town has no control (p. 4). ➢ Create a line item for color photocopies of 50 cents per page (p. 5). ➢ Create a line item for Impounded Sign Recovery and Storage of $40 per sign (p. 5). ➢ Reduce the cost of providing recordings of public meetings (now on CD rather than audio tape) from $30 per meeting to $15 per meeting (p. 5). ➢ Increase the processing fee for duplication of official plans that require an affidavit signed by the architect, engineer or registered professional from $30 to $50 to more accurately reflect staff processing time (p. 5). ➢ Add an explanatory description of what constitutes "valuation of the project" for building permit cost calculation. This addition is for clarification purposes only; the method of calculation is not changing from the present (p. 7). ➢ Add a line item for Building Official processing of "utility undergrounding extension exceptions" to reflect staff time spent in reviewing and processing such requests (p. 9). Staff believes that all of the above are minor changes and/or corrections to the fee schedule. There are no increases in building permit fees based on project valuation and no increases to hourly rate schedules. RECOMMENDATION Staff recommends that the Town Council: 1. Hold a public hearing and consider any testimony. 2. Adopt the Resolution. EXHIBITS 1. Draft Resolution. Prepared By: Scott Anderson, Director of Community Development`- S: Wministrationl Town CouncibStaff Reports 12012 1 Jan 18 Drafts lfee schedule update staff report.doc RESOLUTION NO. XX-2012 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ADOPTING A REVISED FEE SCHEDULE FOR THE COMMUNITY DEVELOPMENT DEPARTMENT AND MICELLANEOUS SERVICES PROVIDED BY OTHER TOWN DEPARTMENTS WHEREAS, the Tiburon Municipal Code requires that any changes to the Community Development Department's filing and processing fees be set forth by Resolution of the Town Council, and WHEREAS, it is the intent of the Town Council that such fees be used to reimburse the Town for the costs of providing the services for which the fees are assessed, thereby maintaining productive and efficient service levels commensurate with the work demands within the Community Development Department, and WHEREAS, from time to time it is necessary to revise fees to reflect actual costs incurred by the Community Development Department and/or other Departments in the normal course of its operation and according to its obligations to administer State statutory requirements under the authority of Town ordinances, and WHEREAS, the Town of Tiburon has provided required notice and held a public hearing pursuant to state law and local ordinances. NOW, THEREFORE, BE IT RESOLVED that the Town Council of the Town of Tiburon does hereby adopt a revised fee schedule for the Community Development Department and Miscellaneous Services Provided by Other Departments, said fee schedules being attached hereto as Exhibit A and Exhibit B, and including miscellaneous services provided by other Town Departments, said fee schedules to become effective 60 days from the passage of this resolution and to supersede the fee schedules set forth in Resolution No. 14-2010. PASSED AND ADOPTED at the regular meeting of the Town Council of the Town of Tiburon on , 2012 by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS : ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR TOWN OF TIBURON ATTEST: DIANE CRANE IACOPI, TOWN CLERK TIM 3 Nn-A Tiburon Community Development Department Fee Schedule Effective --1--12012 1 EXHIBIT A: PLANNING/ZONING & MISCELLANEOUS OTHER FEES PLANNING & ZONING PERMITS (Base fees do not include noticing, plan storage, technology recovery or CEQA fees, unless noted with General Plan Amendment, Rezoning, or Zoning Text Amendment ........................................$3,260* Annexation Agreement** ................................................................................................................$255 Pezoning: Multiple Parcels/Undeveloped Parcel/Single Developed Lot.......... $3,260/$1,630/1,630* Precise Development Plan $6,520 + $260/each unit* a. Amendment $11630 + $70/each unit* b. Single Lot Residential Amendment ..................................................................$1,300* Conceptual Master Plan $3,260 + $140/each unit* Conditional Use Permit and Amendment thereto a. Minor ..................................................................................................................$1,300* b. Major $6,520* Condominium Conversion Conditional Use Permit and Amendment: a. 4 units or less = Minor Conditional Use Permit $gm 1,300* b. 5 units or more = Major Conditional Use Permit $3;260 6.520* Secondary Dwelling Unit Permit** ................................................................................................$595 Kee ing of Chickens or Bees Permit** (staff-level) ......................................................................$250 Variance* * $450 Tidelands Permit** $450 Tree Permit** a. Single tree ...............................................................................................................$170 b. 2 through 4 trees $260 C. 5+ trees ..............................................................$280 plus $55 per each additional tree Water Well Drilling Permit and Amendment thereto a. Potable Well .......................................................................................................$1,250* b. Non-potable Well .................................................................................................$640* Home Occupation Permit** a. Initial $100 b. Annual Renewal $50 Extension of Time** ...................................................................................................50% of initial fee *Initial deposit amount only. Any remainder will be refunded; additional Staff time to process will be billed per the Town's Hourly Rate Schedule(s) adopted by separate resolution. Tiburon Community Development Department Fee Schedule Effective 4-12012 2 SITE PLAN AND ARCHITECTURAL REVIEW (DESIGN REVIEW) PERMITS (Design Review fees already include charges for noticing, plan storage, technology recovery, and California Environmental Quality Act exemption) Existing Building/Developed Lot Ministerial (over-the-counter) ...............................................................................................$50 Minor Alteration (staff level) and amendments thereto .....................................................$255 Design Review of less than 500 sq. ft. that do not qualify for staff level review ..............$485 Design Review of between 500 and 1,000 sq. ft ...............................................................$945 Design Review of 1,000 sq. ft. or more $1,325 Amendment to Design Review approval 50% of filing fee (unless the application qualifies for staff-level review, then) ............................................$255 New Residential or Non-Residential Building Initial Approval ................................................................................................................$2,825 Minor Amendment (qualifies for staff-level review) ........................................................$255 Major Amendment involving increased floor area and/or significant design changes 50% of filing fee Residential Floor Area Exception $230 Grading, Filling, or Earthwork requiring design review approval .........................................$805 SIGN PERMITS (Sign Permit fees already include charges for plan storage, technology recovery, and California Environmental Quality Act exemption.) Sign Permit (no Exceptions required) $90 Sign Permit Requiring a Minor Exception $125 Sign Permit Requiring a Major Exception .........................................................................$300 PLANNING CONFORMANCE CHECK ON BUILDING PERMIT APPLICATIONS (Collected by Building Division at time of permit issuance) Actual cost of Checker's time based on the Hourly Rate Schedule; minimum charge is 0.5 hours). Tiburon Community Development Department Fee Schedule Effective 4-12012 3 SUBDIVISION AND RELATED PERMITS AND SERVICES (Base fees do not include noticing, technology recovery, plan storage, or CEQA fees) Lot Line Adjustment (Minor: four or fewer parcels) $720* Lot Line Adjustment (Major: five or more parcels) ...................................................................$1,800* Lot Merger (Voluntary) ...................................................................................................................$230 Tentative Map, where Final Map required: a. For the first 5 lots $19,600* b. For each additional lot $260* C. Amendment to previously approved Tentative Map .................................:......$3,920* Tentative Map, where Parcel Map required ...............................................................................$9,760* Planning Division Review of Final and Parcel Maps ................................................................$3,920* Extension of Time for Tentative Map ........................................................................................$2,600* Certificate of Compliance ...........................................................................................................$1,300* Reversion to Acreage $16,340* CALIFORNIA ENVIRONMENTAL QUALITY ACT FEES Determination of CEQA Exemption ................................................................................................$50 Initial Study ............................................................................................................................$1,600* EIR (full or focused) $1,000 plus EIR contract cost EIR Administrative Overhead 30% of EIR contract cost Mitigation Monitoring and permit compliance review ..............................................Actual Town cost State Fish & Game Review Fees & County Clerk Filing Fee (as established by State law and subject to change without notice; make checks payable to "Mann County Clerk"): a. Fish & Game and Filing Fee for Negative Declaration $2069. 2,094.00 b. Fish & Game and Filing Fee for Mitigated Negative Declaration $2,060.25 2 094.00 C. Fish & Game and Filing Fee for Environmental Impact Report... $2,842.25 2,889.25 d. Environmental Document per Certified Regulatory Program $°99.50 1,015.50 *Initial deposit amount only. Any remainder will be refunded; additional Staff time to process will be billed per the Town's Hourly Rate Schedule. Tiburon Community Development Department Fee Schedule Effective --A-12012 4 ADMINISTRATIVE SERVICES / MISCELLANEOUS Services Street Name Change* .......................................................................................................$1,280 Change of Street Address $170 Residential Parking Permit (collected by Police Department) .............................................$25 Noticing and Mailout of Permit Applications ....................................................................$100 Plan/Document Storage Fee ..................................................................................................$65 Technology Recovery Fee $25 Photocopies (regular) $.20/page Photocopies (colorl $.50/page Microfiche Copies $.20/page Staff Research Fee $70/hour Official Plans Duplication & Affidavit..... $50 per affidavit. plus actual plan duplication cost Copy of Meeting Recording (CD) $15 per meeting Town Clerk Certification of Copies $1 /page Special Event Permit: Low impact=$40; High impact=$100; Renewal of Low impact = $20 Impounded Sign Recovery/Storage Fee $40/sign Publications General Plan paper copy (full document including 11" X 17" color diagrams) ..................$50 General Plan on CD (full document) $5 General Plan paper copy (Individual Elements, including diagrams therein) $10 Zoning Ordinance (including 11" X 17" color maps) ......$30 Municipal Code (including 11" X 17" color zoning maps) ....$100 Design Review Guidelines (a.k.a. Hillside Guidelines Booklet) ........$5 Downtown Design Handbook (color) ......$20 Downtown Design Handbook (B/W) $10 Downtown Design Handbook Furniture Supplement (B/W) ........$5 All other publications At cost Maps General Plan Land Use Diagram 2.2-1 (11" x 17" color) $3 General Plan Land Use Diagram 2.2-1 (24" x 36" color) ......$30 Other General Plan Diagrams (11" x 17" color) ........$3 Zoning Map (11" x 17" color) ........$3 Zoning Map (24" x 36" color) ......$30 Planned Development Map (11" x 17" color) $3 Other maps At cost APPEALS a. If applicant is the appellant** .................................................................................$500 b. If applicant is not the appellant ...............................................................................$300 *Initial deposit amount only. Any remainder will be refunded; additional Staff time to process will be billed per the Town's Hourly Rate Schedule. **Project applicant is responsible for all reasonable Town costs, including expert services and outside consultants, necessary to process the application through a final Town decision. Tiburon Community Development Department Fee Schedule Effective --A-12012 PUBLIC FACILITY FEES AND OTHER DEVELOPMENT-RELATED FEES Traffic Mitigation Fees - varies by location (see Town Council Resolution No. 02-2007 or successor document). In-Lieu Housing Fee - varies (based on a formula contained in Tiburon Municipal Code Title IV, Chapter 16). Park & Recreation In-lieu Fee - varies (based on formula in Tiburon Municipal Code Title IV, Chapter 14). GENERAL FEE PROVISIONS A. Fees shall be submitted in full at the time of application submittal to the Town. A penalty fine equal to 100% of the regular filing fee is assessed for after-the-fact permit applications. B. Pursuant to a written request, the Town Council may grant a full or partial waiver of fees pursuant to applicable fee waiver policies adopted by Resolution of the Town Council. C. Portions of fees may be refunded upon withdrawal of an application; the amount of the refund shall be determined by the Director based upon the amount of work performed and costs incurred by the Town prior to withdrawal. D. Full fee credits may be granted by the Director toward resubmitted applications if withdrawn and resubmitted within 60 days from the date of withdrawal. E. Where work requires more than one permit, the full fee shall be collected for each and every permit required. F. Pursuant to Tiburon Municipal Code Title IV, Chapter 16 (Zoning), some fee waivers are applicable to projects providing below market rate housing units. G. If the Director determines that a contract planner will be required to process an application, or assist Town Staff with processing of an application, the applicant shall be responsible for all reasonable costs associated with said contract planner. Tiburon Community Development Department Fee Schedule Effective 4-12012 6 EXHIBIT B: BUILDING DIVISION FEES BUILDING PERMIT FEE The basis for the Building Permit Fee shall be the total valuation of the project; the actual fee shall be calculated using attached Table 1. "Valuation of the project" includes all of the actual costs incurred for the completion of the project. These costs include, but are not limited to, architectural and engineering fees, site preparation, demolition, rough and finish carpentry, electrical, plumbing, mechanical, scaffolding and other equipment rentals, grading, drainage, and winterization activities. Where work is performed or materials supplied without monetary compensation, the fair market value of labor and/or materials supplied shall be used for project valuation calculation purposes. If the total valuation is not provided, the following schedule shall be used to establish a minimum project valuation. Actual project valuation must be provided prior to final inspection and any additional fees, based on actual project valuation, will be due and payable prior to final sign-off. 1. Apartment Houses: Type I or II F.R $171.00/sq.ft. Type V - Masonry (or Type III) $137.00/sq.ft. Type V - Wood Frame $132.00/sq.ft. Type I Garage $70.00/sq.ft. 2. Dwellings: Type V-Masonry $157.00/sq.ft. Type V -Wood Frame $150.00/sq.ft. Garage $60.00/sq.ft. Miscellaneous valuations: If total valuation is not provided at the time of application, the following schedule shall be used: 1. Sprinklered Structure (retrofits only) $4.00/sq.ft. 2. Tenant Improvements - Commercial $45.00/sq.ft. 3. Block Walls & Pilasters (includes footings) $6.00/sq.ft. 4. Retaining Walls (includes footings) $18.00/sq.ft. 5. Retaining Walls (wood) $6.00/sq.ft. 6. Greenhouse $12.00/sq.ft. 7. Patio, Solid Cover $14.00/sq. ft. 8. Patio, Lattice Cover $11.00/sq.ft. 9. Aluminum Patio Enclosure $60.00/sq.ft. 10. Deck $12.00/sq.ft. Tiburon Community Development Department Fee Schedule Effective 4-12012 7 11. Demolition ........................................................................................................................$120.00 12. Re-roof- Project valuation to be substantiated by providing contract; Building Permit Fee shall be calculated using Table 1. 13. Swimming Pool/Spa/Hot Tub: Project valuation to be substantiated by providing contract; Building Permit Fee shall be calculated using Table 1. 14. Miscellaneous Work: Building Permit Fee for any work not covered by the above shall be based on the total valuation for the project and the fees will be calculated using Table 1. MISCELLANEOUS FEES 1. Plan Storage fees: Valuation $1 - $100,000 ......................................................................................................................$60.00 $100,001 - $200,000 .........................................................................................................$120.00 $200,001 - $80000 .........................................................................................................$180.00 $800,001 - over .................................................................................................................$250.00 2. Residential Resale Inspection/Residential Building Report (RBR) ................................$250.00 3. Residential Resale Re-inspection: $75.00 4. Business License: Project value $1 - $5000 .....................................................................................................$15.00 Project value $5001 - $2500 ............................................................................................$25.00 Projects valued over $25,000 0.0012 of the Proj ect value 5. Plan Checking Fees: All construction plans must be checked for conformance with State and Town regulations. A plan checking fee shall be paid to the Town along with submittal of construction drawings and specifications for review. Plan checking fees shall be 65% of the building permit fees as set forth in Table 1. Where plans are incomplete, or changed so as to require an additional plan check review, an additional plan review fee shall be charged by the Town at a rate of $75 per hour, with a minimum charge of one hour, in addition to any costs incurred by the Town for outside plan-checking services. 6. Work Performed Without a Permit: Whenever any work for which a permit is required is commenced without first obtaining a permit, a penalty fee shall be due and payable. The penalty fee shall be calculated using the Town's current Resolution setting forth Administrative Fines. 7. Long-range planning/general plan maintenance fee surcharge: 10% of building permit fees (includes building, plumbing, electrical, mechanical, and- grading fees) Tiburon Community Development Department Fee Schedule Effective 4-12012 8 8. Technology Recovery Fee surcharge as set forth in the following table: TOTAL VALUATION FEE $ 1.00 to $ 5,000.00 $15.00 $ 5,001.00 to 25,000.00 $ 15.00 for the first $ 5,000.00 plus $ 3.00.00 for each additional $1,000.00, or fraction thereof, to and including $ 25,000.00 $ 25,001.00 to $ 50,000.00 $ 75.00 for the first $ 25,000.00 plus $ 2.50 for each additional $1,000.00, or fraction thereof, to and including $ 50,000.00 $ 50,001.00 to $ 100,000.00 $ 137.50 for the first $ 50,000.00 plus $ 2.25 for each additional $1,000.00, or fraction thereof, to and including $ 100,000.00 $ 100,001.00 to $ 500,000.00 $ 250.00 for the first $ 100,000.00 plus $ 2.00 for each additional $1,000.00, or fraction thereof, to and including $ 500,000.00 $ 500,001.00 to $ 1,000,000.00 $ 1050.00 for the first $ 500,000.00 plus $ 1.75 for each additional $1,000.00, or fraction thereof, to and including $ 1,000,000.00 $ 1,000,001.00 and up $ 1925.00 for the first $ 1,000,000.00 plus $ 1.50 for each additional $1,000.00, or fraction thereof, but not to exceed $7,500.00 9. Other Inspections and Fees Inspections outside of normal business hours (minimum charge is 2 hours) $60/hour Re-inspection fee ................................................................................................................$75.00 Inspections for which no fee is specifically indicated ........................................................$60.00 10. State Building Standards Commission Fee, as follows: PERMIT VALUATION FEE $ 1.00 to $ 25,000.00 $ 1.00 $ 25,001.00 to $ 50,000.00 $ 2.00 $ 50,001.00 to $ 75,000.00 $ 3.00 $ 75,001.00 to $ 100,000.00 $ 4.00 Every $ 25,000 or fraction thereof above $ 100,000.00 Add $ 1.00 11. Undergrounding Extension Exception (per Chanter 12A-3 of the Muni Code) $60.00 ELECTRICAL PERMIT FEES Any fees required by this division shall be paid by the applicant before any electrical work, requiring a permit hereunder, is stared and the permit issued. Minimum Fee: The minimum fee for any electrical permit, unless otherwise indicated, is $60.00 Miscellaneous Permit Fee: Any permit for miscellaneous electrical work not in conjunction with a building permit, and not itemized below, shall be a minimum fee of $60.00, or 2% of the contract cost, whichever is greater. Tiburon Community Development Department Fee Schedule Effective 4-12012 9 New Service or Service Change: Any permit for new service or change of service not in conjunction with a building permit shall be charged as follows: 100-1000 amps ......................................................................................................$150.00 Over 1000 amps ......................................................................................................$250.00 Residential Dwelling: For each electrical permit for a one or two family unit, or a multi- family dwelling unit, the fee shall be based on 20% of the building permit fee, inclusive of carports and garages, and inclusive of additions and alterations. Commercial: Fees for commercial or industrial electrical work (including retail stores, offices, and motels) in conjunction with a building permit are as follows: Office 20% of building permit fees Retail sales 20% of building permit fees Food markets 25% of building permit fees Restaurants 25% of building permit fees MECHANICAL PERMIT FEES Any fee required by this division shall be paid by the applicant before any mechanical work requiring a permit hereunder is started and the permit is issued. Minimum Fee: The minimum fee for any mechanical permit, unless otherwise indicated, is $60.00. Miscellaneous Permit Fee: Any permit for miscellaneous mechanical work not in conjunction with a building permit, and not itemized below, shall be a fee of $60.00 or 1% of the contract cost. Residential Dwellings: For each mechanical permit for a one or two family dwelling unit or a multi-family dwelling unit, the fee shall be based on 9% of building permit fee, inclusive of additions and alterations. Commercial: Fees for commercial or industrial mechanical work (including retail stores, offices, and motels) in conjunction with a building permit are as follows: Office 9% of building permit fee Retail sales 9% of building permit fee Food Markets ............................................................................12% of building permit fee Restaurants ................................................................................12% of building permit fee PLUMBING PERMIT FEES Any fees required by this division shall be paid by the applicant before any plumbing work requiring a permit hereunder is started and the permit issued. Tiburon Community Development Department Fee Schedule Effective 4-12012 10 Minimum Fee: The minimum fee for any plumbing permit is $60.00, unless otherwise stated. Miscellaneous Permit Fee: Any permit for miscellaneous plumbing work not in conjunction with a building permit, and not itemized below, shall be a fee of $60.00 or 1.5% of the contract cost, whichever is greater. Residential Dwellings: For each plumbing permit for a one or two family dwelling unit or a multi-family unit, the fee shall be based on 10% of the building permit fee, inclusive of additions and alterations. Commercial: Fees for commercial or industrial plumbing work (including retail stores, offices, and motels) in conjunction with a building permit are as follows: Office 10% of building permit fees Retail sales 10% of building permit fees Food markets 10% of building permit fees Restaurants 15% of building permit fees GRADING PERMIT FEE SCHEDULE Plan Check Fees: 1 to 50 cubic yards No fee 51 to 100 cubic yards $15.00 10 1 to 1,000 cubic yards .....................................................................................................$22.50 1,001 cubic yards to 10,000 cubic yards ............................................................................$30.00 For each additional 10,000 cubic yards or fraction thereof above 10,000 cubic yards: $15.00 Permit Feew 1 - 50 C.Y ............................................................................................................................$15.00 51 - 100 C.Y ........................................................................................................................$22.50 101 - 200 C.Y .....................................................................................................................$33.00 201 - 300 C.Y .....................................................................................................................$43.50 301 - 400 C.Y .....................................................................................................................$54.00 401 - 500 C.Y .....................................................................................................................$64.50 501 - 600 C.Y .....................................................................................................................$75.00 601 - 700 C.Y .....................................................................................................................$85.50 701 - 800 C.Y .....................................................................................................................$96.00 801 - 900 C.Y $106.50 901 - 1000 C.Y .................................................................................................................$117.00 1001 - 2000 C.Y ...............................................................................................................$126.00 2001 - 3000 C.Y ...............................................................................................................$135.00 3001 - 4000 C.Y ...............................................................................................................$144.00 4001 - 5000 C.Y ...............................................................................................................$153.00 5001 - 6000 C.Y ...............................................................................................................$162.00 6001 - 7000 C.Y ...............................................................................................................$171.00 7001 - 8000 C.Y ...............................................................................................................$180.00 8001 - 9000 C.Y ...............................................................................................................$189.00 Tiburon Community Development Department Fee Schedule Effective 4-12012 11 9001 - 10,000 C.Y .............................................................................................................$198.00 Each additional 10,000 Cubic Yards is:....... $40.50 PUBLIC FACILITY DEVELOPMENT FEES Traffic Mitigation Fee - applies to development resulting in new vehicle trip generation; varies by location (see Town Council Resolution No. 02-2007 or successor document). Street Impact Fee - I% of building permit project valuation Stormwater Runoff Fee - $1 per each square foot of new impervious surface created by the project TABLE 1- BUILDING PERMIT FEES TOTAL VALUATION FEE S 1.00 to S 2,000.00 $60.00 S 2,001.00 to $25 000.00 S 69.25 for the first $ 2,000.0 plus $ 14.00 for each additional S 1,000.00, or fraction , thereof; to and including $ 25,000.00 $25,001. 1 00 to S 50,000.00 S 391.25 for the first $ 25,000.00 plus $ 10.10 for each additional 51,000.00, or fraction thereof, to and including S 50,000.00 S 50,001.00 to S 100,000.00 S643.75 * for the first S 50,000.00 plus S 7.00 for each additional $1,000.00, or fraction thereof, to-and including $ 100,000.00 S 100,001.00 to $ 500,000.00 S 993.75 for the first S 100,000.00 plus S 5.60 for each additional $1,000.00, or fraction = thereof, to and including $ 500,000.00 $ 500,001.00 to S 1,000,000.00 S 3,233.75 for the first S 500,000.00 plus S 4.75 for each additional $1,000.00, or fraction ' thereof, to and including S 1,000,000.00 S 1,000,001.00 and above $ 5,608.75 for the first $ 1,000;000:00 plus S 3.15 for each additional $1,000.00, or fraction thereof Other Inspections and Fees: 1. Inspections outside of normal business hours (minimum charge - two hours) .......................................................................................5.75.00 per hour 2. Reinspection fee S 75.00 per hour 3. Inspections for which no fee is specifically indicated (minimum charge-one hour) $ 75.00 per hour 4. Additional plan review required by changes, additions or revisions to plans (minimum charge-one hour) S 75.00 per hour 5. For use of outside consultants for plan checldng, inspections, or both Actual costs' Actual costs include recovery of administrative and overhead costs incurred by the Town. Tiburon Community Development Department Fee Schedule Effective 4-12012 12 TOWN OF TIBURON 1505 Tiburon Boulevard Tiburon, CA 94920 Town Council Meeting January 18, 2012 Agenda Item: ?.H,J To: From: Mayor & Members of the Town Council Community Development Department Subject: Introduction and First Reading of an Ordinance Establishing a Streamlined Review Procedure and Exemption from the Zoning Ordinance for the Belvedere-Tiburon Public Library Expansion Project; 1501 and 1505 Tiburon Boulevard; Assessor Parcel Nos. 058- 171-92, 93, 94 and 058-171-62 (portion); File MCA 2011-08 Reviewed by:. ILL/ BACKGROUND The Belvedere-Tiburon Public Library Agency is pursuing a major expansion of its facility located at 1501 Tiburon Boulevard. The Town Council certified the EIR for the Library Expansion project in October 2011, and on November 2, 2011 approved general plan amendments, rezonings, and amendments to the Point Tiburon Master and Precise Plan maps related to the Library Expansion project. The Town's practice in recent years is to adopt streamlined development review procedures for major public projects. The streamlined approach was used for the original Belvedere-Tiburon Public Library project, the Tiburon Town Hall, the Tiburon Police Station, the Ned's Way Recreation Facility, and the Lyford Drive Parking Lot projects. DESCRIPTION OF ORDINANCE PROVISIONS The proposed ordinance would exempt future land development applications for the Library Expansion project from provisions of the Tiburon Zoning Ordinance (Title IV, Chapter 16 of the Municipal Code), and would establish a streamlined review process for future project entitlements by vesting review authority exclusively with the Town Council. Under current zoning regulations, separate conditional use permit and site plan and architectural review approvals would be required prior to issuance of building permits for the project. The ordinance would exempt the project from all provisions of the Tiburon Zoning Ordinance and create a Town review and decision-making process vested solely with the Town Council. Courtesy referrals to any other reviewing body, such as the Planning Commission or Design Review Board, would be at the option of the Town Council. This procedure is the same used by the Town on prior major public projects. lin Wi IT J,"., The proposed ordinance attempts to conserve scarce public monies and advance the extraordinary public interest associated with this project by focusing and shortening the review process and any associated appeal processes, not by relaxing standards or criteria. To that end, the proposed ordinance states as follows: In conducting its review and evaluation of the Project, the Town Council shall utilize those standards and criteria that the Planning Commission and Design Review Board would have normally applied absent the adoption of this streamlined processing procedure. ANALYSIS Town staff has reviewed the proposed ordinance for consistency with the Tiburon General Plan and found that the streamlined review process is envisioned in the Tiburon General Plan per the policy and program listed below: ➢ Downtown Element Policy DT-35: Support an appropriate expansion of the Belvedere-Tiburon Public Library adjacent to Zelinsky Park. ➢ Downtown Element Program DT-u: Facilitate expansion of the Belvedere- Tiburon Public Library by employing streamlined permit review processes typically used for major public projects. Adoption of the ordinance would therefore be consistent with the Tiburon General Plan. PLANNING COMMISSION REVIEW AND RECOMMENDATION The Planning Commission held a public hearing on this matter on December 14, 2011, considered all testimony received, and voted to recommend adoption of the draft ordinance. The Commission's resolution is attached as Exhibit 1. STAFF RECOMMENDATION Staff recommends that the Town Council: 1. Hold a public hearing on the draft ordinance (Exhibit 2) and consider all testimony. 2. If appropriate following deliberation, proceed with the introduction and first reading of the draft ordinance. The procedure would be to move to read the ordinance by title only, waiving any additional reading, and introduce the Ordinance. Pass the first reading by roll call vote. If first reading is passed, the Ordinance will return for final adoption on a future regular meeting consent calendar. The ordinance would take effect 30 days after adoption. i Tin } EL d . EXHIBITS 1. Planning Commission Resolution recommending adoption of the ordinance. 2. Draft Ordinance. Prepared by: Scott Anderson, Director of Community Development SAAdministration\Town Council\Staff Reports\2012Van 18 Drafts\Library Streamlining Ordinance report.doc RESOLUTION NO. 2011-16 A RESOLUTION OF THE PLANNING* COMMISSION OF THE TOWN OF TIBURON RECOMMENDING TO THE TOWN COUNCIL ADOPTION OF AMENDMENTS TO THE TIBURON MUNICIPAL CODE (CHAPTER 16, ZONING) IN THE FORM OF AN ORDINANCE EXEMPTING ZONING PROVISIONS FOR AND ESTABLISHING STREAMLINED REVIEW AND DECISION-MAKING PROCEDURES FOR THE REVISED BELVEDERE-TI 3URON PUBLIC LIBRARY EXPANSION PROJECT WHEREAS, the Town of Tiburon has initiated zoning ordinance amendment procedures to the Town's Zoning Ordinance, codified as Chapter 16 in Title IV of the Tiburon Municipal Code, in order to adopt streamlined review and decision-making procedures for the Belvedere- Tiburon Public Library Expansion project ("Project"); and WHEREAS, the Planning Commission finds that the adoption of the ordinance establishing the streamlined processing procedures has no potential to result in adverse impacts on the environment and is exempt from the requirements of the California Environmental Quality Act (CEQA), pursuant to Section 15061 [b(3)] of the CEQA Guidelines; and WHEREAS, notice of the public hearing on this matter was published in a newspaper of general circulation in the Town of Tiburon on October 26, 2011, and other noticing was provided as required by law; and WHEREAS, the Planning Commission held a duly noticed and advertised public hearing on December 14, 2011, at which it considered any testimony received from the public; and WHEREAS, the Planning Commission finds that the proposed ordinance would be consistent with and would implement the relevant goals, policies, and programs of the Tiburon General Plan, as set forth in the Staff Report for the meeting of December 14, 2011; and WHEREAS, the Planning Commission finds that the proposed ordinance is consistent with the objectives and purposes of the Zoning Ordinance. NOW, THEREFORE, BE IT RESOLVED that the Planning Commission hereby recommends that the Town Council adopt an ordinance, as generally set forth in attached Exhibit "A", establishing streamlined review and decision-making procedures for the Belvedere-Tiburon Public Library Expansion project. Tiburon Planning Commission Resolution No. 2011-16 12/14/2011 1 EXHIBIT NO._____ PASSED AND ADOPTED at a regular meeting of the Planning Commission of the Town of Tiburon held on December 14, 2011, by the following vote: AYES: COMMISSIONERS: Corcoran, Kunzweiler, Tollini, Weller NOES: COMMISSIONERS: None ABSENT: COMMISSIONERS: one vacancy JO VRCO , C A AN T Planning Commission ATTEST: SCOTT ANDERSON, SECRETARY Attachments: Exhibit "A" Tiburon Planning Commission Resolution No. 2011-16 12/14/2011 2 EXHIBIT NO. ORDINANCE NO. N.S. . AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ESTABLISHING REVIEW AND DECISION-MAKING PROCEDURES FOR THE BELVEDERE-TIBURON PUBLIC LIBRARY EXPANSION REVISED PROJECT AND EXEMPTING SAID PROJECT FROM ALL PROVISIONS OF THE TIBURON ZONING ORDINANCE AS SET FORTH IN TITLE IV, CHAPTER 16 OF THE TIBURON MUNICIPAL CODE The Town Council of the Town of Tiburon does ordain as follows: SECTION 1. PURPOSE AND INTENT The Belvedere-Tiburon Library Agency (BTLA) owns and operates a public library at the corner of Tiburon Boulevard and Mar West Street, on property commonly known as 1501 Tiburon Boulevard and further identified as Marin County Assessor Parcels 058-171-93, 94 and a portion of 058-171-62. In 2004, the Tiburon Town Council approved a general plan amendment, rezoning, master plan amendment, and precise plan amendment for the construction of additions to the existing Library building. The Town Council also adopted a mitigated negative declaration of environmental impact for the additions to the Library as set forth in those approvals. In September 2005, the Town Council adopted an updated general plan known as Tiburon 2020, which set forth the following policy and program regarding the Library: ➢ Downtown Element Policy DT-35: Support an appropriate expansion of the Belvedere-Tiburon Public Library adjacent to Zelinsky Park. ➢ Downtown Element Program DT-u: Facilitate expansion of the Belvedere- Tiburon Public Library by employing streamlined permit review processes typically used for major public projects. In July 2007, the Town Council entered into an agreement with BTLA to transfer property adjacent to the public improvements known as Zelinsky Park for the purpose of expanding the library as contemplated by the general plan. The Agreement provided that the Library addition project would be subject to the Town's normally applicable laws and regulations, except as may be waived or modified by ordinance of the Town Council. The Town retains its discretion to process and approve, conditionally approve or deny all land use applications as provided by law. Town of Tiburon Ordinance No. N. S. Effective 4--12012 In July 2008, the BTLA decided to pursue a substantially different project (hereinafter "Revised Project"), that proposes the primary additions to be located in the parking lot between the existing Library and Tiburon Town Hall. Legislative land use entitlements for the Revised Project are currently being processed by the Town, with Town Council approval anticipated prior to January 1, 2012. The Town Council has certified an environmental impact report for the Revised Project. The BTLA has requested, and the Town Council has initiated, the process to adopt an ordinance establishing streamlined Town review and decision-making procedures for the Revised Project, including exemption from provisions of the Tiburon Zoning Ordinance. Pursuant to the provisions of Tiburon's Zoning Ordinance, the Revised Project would be required to secure conditional use permit approval by the Planning Commission, and site plan and architectural approval by the Design Review Board (DRB) prior to the issuance of a building permit. However, the Town Council finds it appropriate to adopt this ordinance to establish a streamlined decision-making procedure for the Revised Project, because of (1) the extraordinary public interest served by the Revised Project (2) the above-listed general plan policy and program regarding the expansion of the Library; and (3) the need to preserve scarce public monies by minimizing the, expense required to comply with the Town's laws and regulations while still meeting the intent thereof. SECTION 2. EXEMPTION FROM ZONING ORDINANCE The Revised Project shall be exempt from all provisions of the Tiburon Zoning Ordinance, codified as Title IV, Chapter 16 of the Tiburon Municipal Code. SECTION 3. ENVIRONMENTAL DETERMINATION Adoption of this Ordinance has no potential to result in a significant impact on the environment pursuant to Section 15061(b) (3) of the Guidelines for the California Environmental Quality Act (CEQA) and is therefore exempt from review. Furthermore, the Town has previously certified an environmental impact report for the Revised Project, and adoption of this Ordinance makes no changes to the Revised Project that would require further review under CEQA. SECTION 4. FINDINGS The Town Council finds as follows: (A) The Planning Commission held a duly noticed and advertised public hearing on , 2011, at which testimony was received from the public; and thereafter recommended adoption of the ordinance to the Town Council. (B) The Town Council held a duly noticed public hearing on 20 and heard and considered public testimony on this item. Town of Tiburon Ordinance No. N. S. Effective 4--12012 2 (C) The Town Council finds that the proposed ordinance would be consistent with the goals, policies, and programs of the Tiburon General Plan, as set forth in the Staff Report dated , 20_. (D) The Town Council finds that the proposed ordinance is consistent with the objectives set forth in the Zoning Ordinance. SECTION 5. REVIEW AND DECISION-MAKING PROCEDURES ESTABLISHED Development applications for the Revised Project shall be reviewed pursuant to the following procedures: (A) The Town Council shall hold one or more public meetings on the application to review and, if appropriate, approve or conditionally approve the site plan, architectural, and related drawings for the project. This review shall include the building additions, landscaping, parking and other ancillary improvements. In conducting its review and evaluation of the application, the Town Council shall utilize those guiding principles, design review guidelines, purposes and special considerations that the Planning Commission and Design Review Board would have normally applied to applications for a conditional use permit and site plan and architectural review absent the adoption of this streamlined processing procedure. (B) At any time during the process, the Town Council may, as deemed appropriate, refer the application to the Planning Commission, Design Review Board, or any other Council-appointed Committee for that body's expeditious input, recommendations, or analysis. Such referrals shall be advisory and not binding on the Town Council. (C) Prior to any work on the site, the BTLA must apply for and the Town Building Official must review and issue any building permits required by law pursuant to an approved development application. (D) Prior to any work on the site, the BTLA must apply for and the Town Engineer must review and approve an encroachment permit for any work associated with the project that is proposed on Town land or street right-of-way. (E) The processing of the applications shall be exempt from all Town planning and permit fees except that BLTA shall pay any costs the Town incurs from outside vendors or consultants, or where the Town Manager has determined that such costs are necessary or appropriate to process the applications. SECTION 6. EFFECTIVE DATE This Ordinance shall take effect and be in force thirty (30) days after the date of passage Town of Tiburon Ordinance No. N.S. Effective --1--12012 3 and before the expiration of fifteen (15) days after its passage a copy of the ordinance shall be published, with the names of the members voting for and against it, at least once in a newspaper of general circulation in the Town of Tiburon. This Ordinance was introduced at a regular meeting of the Town Council of the Town of Tiburon on , 201_ and was adopted at a regular meeting of the Town Council of the Town of Tiburon on , 201_, by the following vote: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: MAYOR TOWN OF TIBURON ATTEST: DIANE CRANE IACOPI, TOWN CLERK S:IPlanninglPlanning CommissionOgff Reports1201I December 14 meetingllibrary streamlining ordinance draft.doc Town of Tiburon Ordinance No. N. S. Effective --1--12012 4 ORDINANCE NO. N.S. AN ORDINANCE OF THE TOWN COUNCIL OF THE TOWN OF TIBURON ESTABLISHING REVIEW AND DECISION-MAKING PROCEDURES FOR THE BELVEDERE-TIBURON PUBLIC LIBRARY EXPANSION REVISED PROJECT AND EXEMPTING SAID PROJECT FROM ALL PROVISIONS OF THE TIBURON ZONING ORDINANCE AS SET FORTH IN TITLE IV, CHAPTER 16 OF THE TIBURON MUNICIPAL CODE The Town Council of the Town of Tiburon does ordain as follows: SECTION 1. PURPOSE AND INTENT The Belvedere-Tiburon Library Agency (BTLA) owns and operates a public library at the corner of Tiburon Boulevard and Mar West Street, on property commonly known as 1501 Tiburon Boulevard and further identified as Marin County Assessor Parcels 058-171-93, 94 and a portion of 058-171-62. In 2004, the Tiburon Town Council approved a general plan amendment, rezoning, master plan amendment, and precise plan amendment for the construction of additions to the existing Library building. The Town Council also adopted a mitigated negative declaration of environmental impact for the additions to the Library as set forth in those approvals. In September 2005, the Town Council adopted an updated general plan known as Tiburon 2020, which set forth the following policy and program regarding the Library: ➢ Downtown Element Policy DT-35: Support an appropriate expansion of the Belvedere-Tiburon Public Library adjacent to Zelinsky Park. ➢ Downtown Element Program DT-u: Facilitate expansion of the Belvedere- Tiburon Public Library by employing streamlined permit review processes typically used for major public projects. In July 2007, the Town Council entered into an agreement with BTLA to transfer property adjacent to the public improvements known as Zelinsky Park for the purpose of expanding the library as contemplated by the general plan. The Agreement provided that the Library addition project would be subject to the Town's normally applicable laws and regulations, except as may be waived or modified by ordinance of the Town Council. The Town retains its discretion to process and approve, conditionally approve or deny all land use applications as provided by law. Town of Tiburon Ordinance No. N. S. Effective 4--12012 1 EXHIBIT CL_ In July 2008, the BTLA decided to pursue a substantially different project (hereinafter "Revised Project"), that proposes the primary additions to be located in the parking lot between the existing Library and Tiburon Town Hall. Legislative land use entitlements for the Revised Project are currently being processed by the Town, with Town Council approval anticipated prior to January 1, 2012. The Town Council has certified an environmental impact report for the Revised Project. The BTLA has requested, and the Town Council has initiated, the process to adopt an ordinance establishing streamlined Town review and decision-making procedures for the Revised Project, including exemption from provisions of the Tiburon Zoning Ordinance. Pursuant to the provisions of Tiburon's Zoning Ordinance, the Revised Project would be required to secure conditional use permit approval by the Planning Commission, and site plan and architectural approval by the Design Review Board (DRB) prior to the issuance of a building permit. However, the Town Council finds it appropriate to adopt this ordinance to establish a streamlined decision-making procedure for the Revised Project, because of (1) the extraordinary public interest served by the Revised Project (2) the above-listed general plan policy and program regarding the expansion of the Library; and (3) the need to preserve scarce public monies by minimizing the expense required to comply with the Town's laws and regulations while still meeting the intent thereof. SECTION 2. EXEMPTION FROM ZONING ORDINANCE The Revised Project shall be exempt from all provisions of the Tiburon Zoning Ordinance, codified as Title IV, Chapter 16 of the Tiburon Municipal Code. SECTION 3. ENVIRONMENTAL DETERMINATION Adoption of this Ordinance has no potential to result in a significant impact on the environment pursuant to Section 15061(b) (3) of the Guidelines for the California Environmental Quality Act (CEQA) and is therefore exempt from review. Furthermore, the Town has previously certified an environmental impact report for the Revised Project, and adoption of this Ordinance makes no changes to the Revised Project that would require further review under CEQA. SECTION 4. FINDINGS The Town Council finds as follows: (A) The Planning Commission held a duly noticed and advertised public hearing on December 14, 2011, at which testimony was received from the public; and thereafter recommended adoption of the ordinance to the Town Council. (B) The Town Council held a duly noticed public hearing on 20 and heard and considered public testimony on this item. Town of Tiburon Ordinance No. N. S. Effective --1--12012 2 (C) The Town Council finds that the proposed ordinance would be consistent with the goals, policies, and programs of the Tiburon General Plan, as set forth in the Staff Report dated , 20_. (D) The Town Council finds that the proposed ordinance is consistent with the objectives set forth in the Zoning Ordinance. SECTION 5. REVIEW AND DECISION-MAKING PROCEDURES ESTABLISHED Development applications for the Revised Project shall be reviewed pursuant to the following procedures: (A) The Town Council shall hold one or more public meetings on the application to review and, if appropriate, approve or conditionally approve the site plan, architectural, and related drawings for the project. This review shall include the building additions, landscaping, parking and other ancillary improvements. In conducting its review and evaluation of the application, the Town Council shall utilize those guiding principles, design review guidelines, purposes and special considerations that the Planning Commission and Design Review Board would have normally applied to applications for a conditional use permit and site plan and architectural review absent the adoption of this streamlined processing procedure. (B) At any time during the process, the Town Council may, as deemed appropriate, refer the application to the Planning Commission, Design Review Board, or any other Council-appointed Committee for that body's expeditious input, recommendations, or analysis. Such referrals shall be advisory and not binding on the Town Council. (C) Prior to any work on the site, the BTLA must apply for and the Town Building Official must review and issue any building permits required by law pursuant to an approved development application. (D) Prior to any work on the site, the BTLA must apply for and the Town Engineer must review and approve an encroachment permit for any work associated with the project that is proposed on Town land or street right-of-way. (E) The processing of the applications shall be exempt from all Town planning and permit fees except that BLTA shall pay any costs the Town incurs from outside vendors or consultants, or where the Town Manager has determined that such costs are necessary or appropriate to process the applications. SECTION 6. EFFECTIVE DATE This Ordinance shall take effect and be in force thirty (30) days after the date of passage Town of Tiburon Ordinance No. N. S. Effective --1--12012 3 and before the expiration of fifteen (15) days after its passage a copy of the ordinance shall be published, with the names of the members voting for and against it, at least once in a newspaper of general circulation in the Town of Tiburon. This Ordinance was introduced at a regular meeting of the Town Council of the Town of Tiburon on , 2012 and was adopted at a regular meeting of the Town Council of the Town of Tiburon on , 2012, by the following vote: AYES : COUNCILMEMBERS : NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: JIM FRASER, MAYOR TOWN OF TIBURON ATTEST: DIANE CRANE IACOPI, TOWN CLERK S: Wministration lTown Council1Staff Reports12012Van 18 Drafisllibrary streamlining ordinance TC draft.doc Town of Tiburon Ordinance No. N. S. Effective --1--12012 4