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Bond Oversight Commission – Oct. 16, 2024

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C I T Y O F A U S T I N | O C T O B E R 1 6 , 2 0 2 4 Bond Oversight Commission Bond Oversight Commission C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 Bond Oversight Commission Bond Oversight Commission Our Vision Ensure efficiency, equity, timeliness, and accountability in the implementation of existing and future City bond programs. Our Goals The mayor and council shall work with the commission to set priorities and goals for each new bond issue to be submitted to the voters. The commission shall advise the council on proposed bonds and the implementation of projects approved in bond elections. Our Mission The commission shall monitor the city manager's plans relating to the issuance of bonds and the implementation of projects approved in bond elections, including the review of future potential bonds, the annual appropriation of bond funds, and any changes in the amount of bond funds issues or cash commitments made. C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 Bond Oversight Commission I T E M 1 . PARKS AND RECREATION Bond Oversight Commission 2018 BOND Proposition C – Parks and Recreation P r e s e n t e r : R a c h e l M o r r i s , P L A PA R D A c t i n g C a p i t a l I m p r o v e m e n t P r o g r a m M a n a g e r C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 4 2018 BOND, PROPOSITION C Parks The issuance of $149,000,000 in tax supported general obligation bonds and notes for planning, acquiring, constructing, renovating, improving and equipping public parks, Bond Oversight Commission recreation centers, natural areas, and other related facilities, including, without limitation, playgrounds, hike and bike trails, sports courts, and swimming pools, and acquiring land and interests in land and property necessary to do so; and the levy of a tax sufficient to pay for the bonds and notes. • • Ballot language: • Time Line (as defined in Contract with the Voters): 8 years Contract with the Voters: http://www.austintexas.gov/edims/document.cfm?id=304077 http://www.austintexas.gov/election/byrecord.cfm?eid=205 C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 5 2018 - PROPOSITION C Parks and Recreation BOND BALANCES Voter-approved $149,000,000 Bond Oversight Commission Appropriated $149,000,000 Appropriated $10,848,382 Encumbered 100% Spent $92,945,193 Committed $103,793,575 Balance $45,206,425 70% Committed Unassigned $13,533,877 Data thru Q4 FY 2024 C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 6 2018 Bond, Proposition C • Contract with the Voters for Proposition C ($149.0 million) directed prioritization of projects and programs to: Improve access • • Renew and reinvest in aging facilities • • Advance the Health & Environment indicators in Improve equity Proposition C Parkland Acquisition $149,000,000 $45,000,000 the Strategic Direction 2023 Plan Bond Oversight Commission Parkland Improvements $40,000,000 $25,000,000 Aquatics Building Renovations • Council approved first appropriation in March 2019 • 5.5 years into program implementation $21,500,000 $17,500,000 Infrastructure • To date, funding has contributed to: • 126 projects and 43 parkland acquisitions C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 7 Aquatics Preliminary Design Completed Bond Oversight Commission Bid Construction (D3) • Sheffield Northwest Pool Replacement (D7) • Montopolis Pool Replacement (D3) • Parque Zaragoza Bathhouse Renovation • Colony Park Pool (D1) • Givens Pool Replacement (D1) Austin Aquatic Plan (2018) C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 8 Sheffield Northwest Pool Rendering Montopolis Pool Rendering Bond Oversight Commission C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 9 Colony Park Pool Givens Pool Replacement Bond Oversight Commission C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 1 0 Preliminary • Delores Duffie Rec Center Foundation (D1) Design Building Renovations Pharr Tennis Center Renovation Bond Oversight Commission • Givens Rec Center Renovations (D1) • Zilker Maintenance Barn Replacement (D8) Bid Construction • Givens District Park - Gym Roof Replacement (D1) Completed • Pharr Tennis Center Renovation (D9) • Dottie Jordan Rec Center Restroom Renovation (D1) • Bull Creek Restroom Renovation (District 10) Bull Creek Restroom Renovation C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 1 1 Parkland Improvements Bolm District Park Vision Plan Planning Design • John Treviño Jr. Metro Park Ph. I (D1) • Walter E. Long Metro Park Ph. I (D1) • Upper Bull Creek Greenbelt – Trail Dev. (D6) Bid Bond Oversight Commission • E. Williamson Creek Greenbelt Development (D2) Construction • Little Walnut Creek Greenbelt Phase I (D1) • Oertli Neighborhood Park Development (D1) • Brownie Neighborhood Park Development (D4) Completed • Highland Neighborhood Park Phase II (D4) • Duncan Neighborhood Park Improvements (D9) • Brush Square Rehabilitation (D9) • Givens District Park Phase I (D1) • Bolm District Park Vision Plan (D3) • Rialto Neighborhood Park (D8) Duncan Neighborhood Park C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 1 2 Infrastructure Projects Athletics ($2 million) Cemeteries ($2.5 million) Golf ($4 million) Playgrounds ($4 million) Trails ($3 million) • Krieg Multi- • Evergreen Bond Oversight Commission Cemetery Road Rehab (D1) purpose Field Artificial Turf Conversion (D3) • Ballfield irrigation • Driving range • Barton/Jaycee Ballfield Light Replacement (D5) • Austin Memorial Park Road Rehab (D7) and fencing replacements • Austin Memorial Park Irrigation Expansion (D7) • Oakwood Annex Building Renovation (D1) • Large projects at Jimmy Clay and Roy Kizer Complex (D2) to replace irrigation system and renovate greens improvements at Morris Williams (D1) and Grey Rock (D8) • Fifteen complete replacements completed • Seven safety surfacing upgrades completed • One complete replacement on hold • Northern Walnut Creek Hike and Bike Phase 2A (D7) • Circle C Ranch Metro Park – Veloway Trail Improvements (D8) • Holly Lakefront Trail (D3) • Shoal Creek Trail 5th-6th Rehab (D9) Parking Lots and Roadways ($2 million) • Many smaller projects completed in tandem with ADA improvement funds and General Fund C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 1 3 Circle C Ranch Metro Park - Veloway Trail Improvements Infrastructure Projects Bond Oversight Commission Duncan Neighborhood Park ADA Crossing C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 1 4 Parkland Acquisitions • • $39.32 million bond dollars spent on acquisitions since 10/1/2018, • ~38.5 million was 2018 bond funding, the rest being leftover 2006 and 2012 bond funding. District 2018 Bond Contribution (Total) Since October 2022 PARD provided an update to BOC on parkland acquisition and parkland dedication in October 2022. Bond-funded acquisitions since October 2022 now total $14.35 million: Bond Oversight Commission 6,764,317 841,034 $ 4 5 $ 1 2 3 6 7 8 9 10 ETJ TOTAL $ $ $ $ $ $ $ $ $ 209,355 10,000 2,619,761 980,210 65,000 119,719 601,095 1,829,622 312,539 $ 14,352,652 Bull Creek Bluff Neighborhood Park C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 1 5 PARD Capital Improvement Project Site Bond Oversight Commission PARD CIP Hub C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 1 6 P A R K S A N D R E C R E A T I O N UPCOMING HIGHLIGHTS ADDITIONAL RESOURCES Coming Soon: o Oertli Neighborhood Park (D1) o PARD CIP Hub October 2024 o Brownie Neighborhood Park (D4) Bond Oversight Commission o Little Walnut Creek Greenbelt Phase I (D1) o PARD Project Webpages Late 2024 o Parkland Dedication and Acquisition Video o PARD Vision, Concept, Facility, and System Plans Early 2025 Construction Starts: Early 2025 o Givens Rec Center Renovations (D1) C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 Bond Oversight Commission Q U E S T I O N S Bond Oversight Commission Presenter: R a c h e l M o r r i s , P L A P A R D A c t i n g C a p i t a l I m p r o v e m e n t P r o g r a m M a n a g e r C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 Bond Oversight Commission I T E M 2 . PARKS AND RECREATION Bond Oversight Commission 2018 BOND Proposition B – Parks and Recreation P r e s e n t e r : R a c h e l M o r r i s , P L A PA R D A c t i n g C a p i t a l I m p r o v e m e n t P r o g r a m M a n a g e r C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 1 9 2018 BOND, PROPOSITION B Libraries, Museums and Cultural Arts Facilities The issuance of $128,000,000 in tax supported general obligation bonds and notes for planning, acquiring, constructing, renovating, improving, and equipping community Bond Oversight Commission and cultural facilities, libraries, museums, and cultural and creative arts facilities, and acquiring land and interests in land and property necessary to do so; and the levy of a tax sufficient to pay for the bonds and notes. • • Ballot language: • Time Line (as defined in Contract with the Voters): 8 years Contract with the Voters: http://www.austintexas.gov/edims/document.cfm?id=304077 http://www.austintexas.gov/election/byrecord.cfm?eid=205 C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 2 0 2018 - PROPOSITION B Libraries, Museums and Cultural Centers DEPARTMENT ALLOCATIONS Bond Oversight Commission $27,000,000 EDD 21.1% Economic Development $34,500,000 Library PARD 52.0% Library 27.0% Parks & Recreation $66,500,000 Total Voter-Approved $128,000,000 C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 2 1 BOND BALANCES 2018 - PROPOSITION B Parks and Recreation PARD Allocation $66,500,000 100% Bond Oversight Commission Appropriated $66,500,000 Appropriated $21,063,008 Encumbered Spent $16,207,661 Committed $37,270,669 Balance $29,229,331 56% Committed Data thru Q4 FY 2024 C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 2 2 PARD 2018 Proposition B Overview • Council’s Contract with the Voters for 2018 G.O. Bond Proposition B​ $66,500,000​ • Proposition B ($66.5 million) prescribed amounts by facility Bond Oversight Commission • Eight year completion timeline Dougherty Arts Center​ $25,000,000​ $7,500,000​ $27,000,000​ ESB-MACC​ Carver Museum, Cultural, and Genealogy Center​ • Council approved the first appropriation in Asian American Resource Center​ $7,000,000​ March 2019 • 5.5 years into program implementation C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 2 3 Carver Museum, Cultural, and Genealogy Center Bond Oversight Commission roof, lighting, security, HVAC, and ADA improvements are complete. • $7.5 million appropriated, PARD has spent $5.9 million on the following projects: • Renovations to the existing facility • Theater improvement and renovation project is substantially complete. • Facility Expansion Plan Ph 1A and 1B community engagement and design is restarting in Winter 2024 after experiencing unforeseen delays with a previous procurement. Committed: 84% Construction Drawings: Theater Main Level (CasaBella Architects) C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 2 4 AARC Phase II Facility Expansion​ • Current Phase: Design • Total Project Budget: $7 million • Highlights: Bond Oversight Commission • Within 2018 Bond budget, PARD plans on finishing design of the full arts center and constructing portions of the site with the CMAR under contract • Design team will complete drawings Design Development: Pavilion rendering (Trahan Architects) for full performing arts center scope in preparation for future funding opportunities Committed: 33% C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 2 5 ESB-MACC Phase II Facility Expansion Bond Oversight Commission • Expansion of north and south wings of crescent, interior renovations, and improvements to Zocalo​ • Current Phase: Construction • Total Project Budget: $33 million ($6 million from PLD and other sources) • Highlights: • Coordination with other City projects, including Waller Creek Confluence, 64 Rainey, and Rainey Street Trailhead • Connection to AE Downtown District Chilled Water Network Design Development: View of Zocalo (Miro Rivera Architects, Tatiana Bilbao Estudio) Committed: 96% C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 B o n d O v e r s i g h t C o m m i s s i o n | p g . 2 6 Dougherty Arts Center Replacement Project​ Bond Oversight Commission • Current construction cost deficit exceeds $25 million • Highlights: ​ • Current Phase: Design • Total Project Budget: $28.9 million ($4 million from PLD and other sources) • 100% construction documents completed, Approx. 50,000 SF building, program includes proscenium theater, black box theater, artist gallery, art studios and youth program areas​ Committed: 11% Design Development: View of north entry courtyard (Studio 8 Architects, Overland Partners) ​ C I T Y O F A U S T I N | O c t o b e r 1 6 , 2 0 2 4 Bond Oversight Commission Q U E S T I O N S Bond Oversight Commission Presenter: R a c h e l M o r r i s , P L A P A R D A c t i n g C a p i t a l I m p r o v e m e n t P r o g r a m M a n a g e r