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Consultant - 2019 - Galena Consulting / Impact Fee Analysis & CIP - 9/17/2019ALENA ONSULTING CONTRACT FOR SERVICES CITY OF EAGLE, IDAHO IMPACT FEE ANALYSIS AND CAPITAL IMPROVEMENT PLAN DEVELOPMENT Our team is highly qualified to conduct the development of the City's police impact fees: • Previous experience in preparing impact fee studies and fiscal impact analyses. As demonstrated in this proposal, we have completed over 100 impact fee studies over the past 20 years for local governments in Idaho, Colorado, Nevada, Utah and Wyoming. • Knowledge of legal statutes on Development Impact Fees. Our team is well versed in the application of Idaho State Statutes on development impact fees. • Ability to meet critical timelines. Every impact fee study we have completed has been on-time and within budget. We encourage you to check the references included herein. • Public and private sector work. Although the majority of our public finance projects are for the public sector, we do work periodically for private builders and developers. Our familiarity with private sector real estate and development allows us to anticipate questions from builders and developers and respond to private sector concerns. The following is a partial list of impact fee, capital planning, fiscal impact analysis, and economic analysis clients served by the members of our team: • Boise, Idaho • Caldwell, Idaho • Caldwell Rural Fire • Cascade, Idaho • Council, Idaho • Donnelly, Idaho • Driggs, Idaho • Eagle Fire District • Emmett, Idaho • Jerome City, Idaho • Kootenai City, Idaho • Kuna, Idaho • Kuna Fire District • Marsing Fire District • McCall, Idaho • Meridian, Idaho • Meridian Rural Fire • Middleton, Idaho • Middleton Fire District • Middleton Parks District • Mountain Home, Idaho • NACFR District • Nampa, Idaho • Nampa Rural Fire • Payette, Idaho • Shoshone City, Idaho • Star Fire District • Twin Falls, Idaho • Valley City, Idaho • Wilder Fire District ELENA APPROACH TO PROJECT The impact fee study methodology we have successfully employed for the above clients is fully consistent with the relevant Idaho State Statutes. This approach includes: • Forecast of residential and commercial growth; • Analysis of current infrastructure service standards and capital needs, and assessment of the source of demand for future capital improvements; • Analysis of cash flow stemming from impact fees and other infrastructure financing sources (i.e., land donations, bonded indebtedness, special districts, General Fund contributions); • Preparation of a fiscally -constrained Capital Improvements Plan (CIP) and identification of the growth -related portion of City infrastructure plans; • Calculation of full cost -recovery impact fees by land use type; • Implementation recommendations including impact fee credits, potential exemptions, how fee revenues should be accounted for, and how the fees should be updated over time; • Facilitation of discussion with stakeholders on the effect of the impact fees on economic development and the City's infrastructure needs; • Support to elected officials in considering the adoption or update of impact fees; and; • Assistance to City legal staff in preparing or updating enabling legislation. Our proposed work plan to develop the City's police impact fee study and 10 -year fiscally constrained capital improvement plan includes: Task I. Project initiation Task I-1. Initial meeting with City staff to formalize schedule, plan stakeholder workshop, clarify and define needs and approach, define communities for comparison, and submit data requests. Task I--2. Meet with impact fee advisory committee. 2 Task II. Detailed analysis of current conditions, current financing systems, infrastructure requirements and new system options. Update of the City's capital improvement plans. Task II -1. Collect and review available data on current service levels for use in providing an introduction to service delivery issues and for developing infrastructure expansion cost estimates and service delivery standards. Task 11-2. Analyze the City's current debt financing systems and document extent of current indebtedness; identify infrastructure that has been acquired with borrowed funds. Task II -3. Review and evaluate the City's long-term infrastructure requirements recognizing the four sources of infrastructure demand: repair/replacement of existing facilities, betterment of service standards, institution of new services, and expansion of facilities for new development. Where master plan -based capital needs are not fully identified, work with appropriate City staff to identify and estimate costs for these improvements. Task II -4. Review and evaluate current long-term capital financing systems, including sources of revenue such as General Fund contributions, land donations, bonded indebtedness, and special districts. This will include an analysis of the cost of development versus revenue generation within the City as it relates to capital projects. We will collaborate with City budget staff to determine the degree to which each revenue source can be anticipated to be available to fund portions of the CIP, and fiscally constrain the CIP to meet these expectations. Task III. Analysis of current and future land use Task III -1. Collect data on current land use patterns in City of Eagle, including the acreage and square footage of different types of uses and the numbers and types of housing units. Task III -2. Evaluate any existing projections or development trends, including population projections that indicate current direction of development in terms of physical locale and types of land use development. Task III -3. Based on the above information, generate calculations documenting current development in City of Eagle, and forecast of future development over the next 10 years. Task IV. Calculation of preliminary development impact fees Task IV -1. Calculate preliminary fees. This will include the following steps: • Quantify capital costs (data from Task II) • Quantify unit costs (data from Tasks II and III to derive $/unit or $/sq.ft.) • Determine land to development conversion ratios • Calculate revenue credits (bonded indebtedness) if appropriate • Develop a preliminary fee schedule 3 &t'1,i'1'c; Task IV -2. Develop a plan for implementation and administration of proposed fees including "credit" procedures. Task IV -3. Complete comparables analysis of impact fees. Task IV -4. Meet with impact fee advisory committee. Task IV -5. Submit a draft report to staff for review. Task IV -6. Conduct a briefing with City Council to review the draft report. Task IV -7. Hold any required public hearings on preliminary capital improvement plans and impact fee schedule. Task V. Impact fee system final design and documentation Task V-1. Develop final impact fee report including fee implementation and administration recommendations. Task V-3. Submit final report to staff for review. Task V-4. Conduct briefings or workshops, as necessary, to facilitate discussion of City's infrastructure needs. Task V-5. Provide any necessary assistance to legal staff in updating enabling legislation. Task V-6. Present final report to City Council, and address any further Council concerns or questions. Task V-7. Hold required public hearings. Agreement for Engagement of Services Galena Consulting has been retained by the City of Eagle to perform the work outlined in the above scope. The not to exceed price for these consulting services is $8,000. Work will be billed on a,pro:ress ba City of Eagle Galena Consulting, Inc. Date Date 4 E)r, 11.1 \til I.IIN( Task 1V-2. I)e\ clop a plan for implementation and administration c)1. proposed fees incluc in,j -credit-- procedures. 'l'ask IV -3. Complete comparables analysis of iinpact fees. Task tV-4. Meet with impact fee advisory committee. Task V-5. Submit a draft report to staff for review. Task V-6. Conduct a briefing with City Council to review the draft report. Task IV -7. Hold any required public hearings on preliminary capital improvement plans and impact fee schedule. Impact fiic systcnz final dcsign gn and documentation Task V-1. Develop final impact fee report including fee implementation and administration recommendations. Task V-3. Submit final report to staff f or review. Task V-4. Conduct briefings or workshops, as necessary, to f hcilitate discussion of City's infrastructure needs. Task V-5. Provide any necessary assistance to legal staff in updating enabling legislation. Task V-6. Present final report to City Council, and address any further Council concerns or questions. Task V-7. Hold required public hearings. . i re nz e t ?foriLizg g i a q ri t e (ialena Consulting has been retained by the City of Eagle to perform the work outlined in the above scope. The not to exceed price for these consulting services is SS,OOO. Work will be billed on a progress City of Eagle ti Galena Consulting, Inc. Date Date