COMMITTEE SUBSTITUTE FOR ORDINANCE NO. 220484

title

Amending Chapter 2, Code of Ordinances, by enacting one new Section 2-1957 relating to a Capital Asset Rating System.

body

WHEREAS, Ordinance No. 160951 stated the City Council’s intention regarding the use of up to $800 million in general obligation bond proceeds and directed the City Manager to annually include in the City’s five-year business plan a recommendation on the amount of bonds to issue each year and specific projects to be funded; and

                     WHEREAS, in a Special Election called on April 4, 2017, the voters of the City of Kansas City, Missouri approved the issuance of general obligation bonds for Question 1 to be used for funding Streets, Bridges and Sidewalks, Question 2 to be used for Flood Control and Question 3 to be used for Public Buildings in a total amount up to $800 million to be issued over the course of 20 years; and

                     WHEREAS, in order to extend the life of the bond program, it is essential to level out spending over the next fifteen years; and

                     WHEREAS, capital infrastructure can have a significant effect or improvement on the quality of life of the City’s neighborhoods by providing fair, transparent and equitable services; and

                     WHEREAS, without world class infrastructure the City’s economic prosperity, sustainability, equity and community health is at risk; NOW, THEREFORE,

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

Section 1. That Chapter 2, Code of Ordinances of the City of Kansas City, Missouri, is hereby amended by enacting one new Section 2-1957 relating to a Capital Asset Rating System, to read as follows:      

Sec. 2-1957.  Capital Asset Rating System.

(a)                     Policy.

(1)                     Establishing a policy for assigning a numerical score to citywide-funded capital projects as part of the annual capital improvements budgeting process.

(2)                     The citywide funded capital scoring criteria will include, but not be limited to, the following factors:

A.                     Condition.  The project improves the existing condition, reliability and longevity of an asset and its ability to meet the basic level of service it provides. The project will avoid potential the failure of the asset due to substandard conditions.

B.                     Safety. The project will reduce potential hazards to the public and/or employees.

C.                     Equity. The project will improve an asset in the neighborhoods and for residents that have been historically and institutionally under-served, including low income and predominantly minority census tracts and zip codes.

D.                     Sustainability. The project will implement portions of any environmental sustainability plan adopted by the city.

E.                     Use. A determination of how many people and/or jobs will be positively impacted by the project.

F.                     Project readiness and leverage.  Project timing and ability to leverage outside funding. 

G.                     Economic activity and community investment. Project will improve access to activity and economic centers; or was requested by the community via the Public Improvements Advisory Committee process; or is located within one-half mile of an affordable housing development.

(b)                     Asset Categories. To ensure that comparison is conducted between similar types of projects, the Capital Improvement Program projects shall be separated by asset type and/or predominate funding source. Project categories shall include the following asset categories:

(1)                     Business Type Activity Assets.

A.                                          Stormwater.

B.                                          Water.

                     C.                     Sewer.

(2)                      Mobility Assets.

A.                                          Roadways.

B.                                          Bicycle facilities.

C.                                           Bridges.

                     D.                     Sidewalks.

                     E.                     ADA improvements.

(3)                      City buildings, including but not limited to operational facilities, community centers, convention facilities.

(4)                      Park amenities and cultural assets, including park structures, pools, sports complexes, fountains, trees, cultural facilities.

(5)                     Street and pedestrian lighting and traffic and pedestrian signals.

(c)                     Authority.  The authority to annually recommend a scored and prioritized list of capital projects to the City Council for adoption is hereby delegated to the Finance Department as part of the annual submission of the Five-year Financial Plan.

end

______________________________________________________

                                                                                                                              Approved as to form and legality:

                                                                                                                              ___________________________________

                                                                                                                              Alan Holtkamp

                                                                                                                              Assistant City Attorney