graduations and things to angela who does a huge amount of work to one keep us physically solvent and two friends together in chordates that product the housing commission is going to meet this friday instead of their regular list thursday thank you their regular first monday of the month because before the fourth monday of the month is your final budget hearing so we don't want those to meetings to conflict and we wanted to move the house and work quick  that would be a big accomplishment for that group is going to ton of work on the master plan and last couple of months and just a reminder that master plan is on schedule to be approved by the council in april which is when our current master plan a comprehensive look at east allen street and look at traffic calming measures given the developments happening on the style and how to salute down traffic and make things more pedestrian friendly so you have the steering committee stood up for that project including some of the property owners p c representatives and staff we will also be having some public hearings in february and after town meeting day to get public feedback on the project review committee which is the internal terminating group that later this month for a conditional approval and that project is fully engineering at this point and on track to be bid out we have a downtown association meeting on wednesday that's not downtown you see that's the downtown property owners three more things i x p which is the consultant who is now in charge of hired by the chin county public safety authority to build the implementation plan for regional dispatch will be in the city tomorrow meeting with of artists district which is a regular occurrence is worth three quarters of the way through our active district so that will be kicking off with pepsi in the next couple of weeks as well and then finally we had talked about this last time how i brought this up there in city updates and i think we may have some more conversations about this in the next month i also sent an email round about it i am recommending that we hold the equity training until after town meeting day given all the changes going on i think it's really would be a great opportunity for a new council to sit and have that experience together certainly one of the one of the values sorry sue has brought to the table is inviting consider appointing a council and other councillor to serve in the month of february so that there's a bit more of a bit shrooms you'd be at the point of potentially having one sickness away from  pleasure and it will certainly be a big gap to be filled in the future public safety commission is meeting tomorrow night so if folks are interested they can come down here assuming that the body is able to hold together a quorum of the weather event last year we had a morning of kickoff with all of the people all of our staff and all of her staff and volunteers of people could put names to faces and it worked out really well when we had to cancel the lead save the first champion the concept of building a broad coalition of participation in the process that helps not only in the selection process but also in the developing or in turn also created by and on those in these for our success and for this individual success as an organization so just one dish and share that reflection because i don't think we really talked about that see in the presentation a number of the line endings have changed and we can talk about that for the presentation but just want to acknowledge the work they've done to really rebuild it from the bottom up he's also built a comprehensive capital improvement plan is the city's always had a c ip but this is a pretty advanced model that john has used in other communities it's complicated that there is a lot here so we're going to present it all tonight but i certainly feel projects come to fruition and construction cost changing center at numbers change and project shift around so you will see that over the next five years as we use this document more he's also built it to integrate in our debt service plans so those are now reflected in our c ip even though i was to track our debt capacity so as debt falls off for one thing how do we use that capacity to reinvest in our municipal infrastructure so that the table setting i want to do before we dive in i'm also going to recommend that we actually skip well into this presentation because we have some guests here in focus first on the proposal for  think is an appropriate use of those funds to spur on development and other user contributions why you see here in this first five years is interest only for the first five years on this debt this project and taking into consideration this new data in the parking firms the cash flows at the completion of the tips that then there's a period of time where it does not cash flow positive but then picks back up in f y twenty nine which is that the revenue from the cascade garage goes to pay the tip increment so we can count on the use of any surplus in that garage towards construct towards debt service that and after the end of the  om so we have a very experienced and eager development partner so we have a fast timeline right now assuming all goes well and as and with your approval we bundle in march and continue on quickly from there the architect and developer anticipate being under construction this fall which is aggressive in past but i think it's possible well is there a lot so we will be so demanding seventy into two different parcels so why don't buy the city and want to buy the hotel which would mean previously looked at this the idea was that a town was going to sit on top of the garage which was challenging perspective from the access to castle fanfic center and also very complicated from a cochere long term potential position so this allows us to each kind of own our own parcel and be a little cleaner about those finds  is willing to do a lot by an adjustment to square off that section of course this solution is far prefer over them because their staff and students are parking immediately adjacent to their property rather than a block away but also just synergistic comment in regards to its addition to the vitamin c the downtown is that of brick facade like that's pretty cold from the street and we've actually design xining zoning throughout the rest of the challenged in the future from a public perspective public perception perspective and also just from the future council perspective is that something that you know and i think if you think back to some of those early meetings and design the way it people around the community looks the other comment that i also had on there is that i think you're hopefully aware that there has been a lot of consideration contemplation and thought about how instruction of the conversation that we can have five or six thousand people in downtown for an outdoor primarily outdoor concert festival and solicit no complaints because of everybody understand it's not looks like in the lot and then i guess the other question that was on how much thought has been given to screening that's another thing that we spent a lot of time on in the approval of the designs for both to run and river house was the way again and somebody from the street saw all of the building and hence why you have the type of screens you have there that sort of hides the vehicles to the best of the borderline public consider half of spinners needs and we're holding about another forty five spaces for future users public users are primarily faculty are about a third of our faculty and two thirds are students who are there between four and ten hours a week faculty is primarily there during the workday the peak demand for the hotel will be overnight  so thinking about how we can double book some of those spaces and have a comfort level with contracted users to the unable us to do that we've also this part of this process but also just your priorities for years we have a draft r f p that we'll be talking with the downtown association about on wednesday looking out and access control system that is shared between the two facilities so to the extent that this garage for whatever reason you know on that weekend windows weekend when the hotel is acca pasadena and c c t v is in finals we'll be able to tell the users doubts to the other garage so we' trying to look at it as an entire parking system and not just these ten spaces in this garage and he's going to need some occurred in the cascades garages that are currently c c v contracts for two hundred spaces in the current garage so those are all transitioning here and there is no new users going into the cascades garage some of those will the highest image those are the vast majority of those contracts are for office space use so those are really peaking between ten am and four pm and then the public's peak use is really between four five pm and midnight so we believe we still have a lot of capacity for public space and the tonight this is really about budget and what you can expect in advance of town meeting day but there will be a whole nother process for you to consider as this moves forward in time so if you're ready for that setting up the perspective i think it's a strategy to do it in advance of time meeting day to get to the design the community wants to see before you're asked to vote on something i think from the developers perspective as fast as possible it's great but also willing you don't want to enter the community in a way that the community is wanting them to enter so some flexibility on that side as well and i think that really quite frankly is a strategy and so here's the deal there's a parking lot it's a it's a parking garage we're never going to sit and do flips and somersaults and excitement over that but want to make it really clear  we're incredibly appreciative of water work in the town an investment in the partnership with the city in the way you've approached this and we know that that's required a lot of flexibility on your behalf and a lot of ingenuity and thank it's this is also a critical piece to the entire sustainability of the downtown and that's a story that the public in expect for us to continue to be telling as we move forward because you know i think to a person you talk to anybody about this hotel and the concept of a hotel in downtown and people here are very very very excited and supportive of that if we can get all the other pieces which is what you all worked so hard to try to do here with us so thank you th thanks a lot of push it any other question you any questions or comments from the public probably go back into the public works presentation to revamp the circulator indeed the safety improvements which include remove the cross was decision was made not to touch that corner of the coin time because there was a plan as part of the developing agreement conversation to reconfigure the self esteem really have her as replacements and we probably need to revisit this and look at what that looks like for you know fall debt service but right now are looking at thirty thousand dollars  just thank you that was very clear as to what the movie's going towards thank you either i wasn't around when that occurred and can't speak to the turn around that there were some residual frustration afterwards they claimed that well there was a calculation that went around from  around for a senate seat in town who had decided we were the most expensive based off of the way she had come up the drive to calculus and that was an accurate so there's some public misinformation that took place in  possible especially on the business side that's a huge deal to suddenly have you know a seventeen percent jump without any warning or a twelve percent jump that's a pretty big jolt from those big users from a household perspective bit talking about you know three to four dollars per billing cycle so it's a little different but in the service and it is in twenty seven based on the current capital needs i think that's like a key part of communicating this change so making sure people understand that there really is not increasing just this year but that what we have the capacity says that's our recommendation right you know and that's the path that we're trying to set people down versus trying to up front the entire debt capacity off of  community for success when the long term and i think it's going to have to be other conversation from what i saw relatively soon about what our future water a passive looks like because we made a pretty big investment six go see is a massive numbers for us one twenty one way twenty two that's just to show the cash flow in and out so that's one construction we're actually curse of those who knew the destruction cost and then we would be getting expensive to to basically but we don't know what's coming in the future we have many all that money has that potential anywhere and they wonder if i don't like is the rate to low already is that not even i think the heard the the difficult track to head is the reality that you know that's being put in place that's going to keep the on an upward trajectory think that's where it comes back to this concept that we are doing a specified allocation of funding currently from the fifth district to carry a portion of the debt service related to specifically main street and i think that's going to be the communities challenge of the next couple years is to look at this plan look at these budgets look at the comprehensive c a p plan and really make thoughtful decisions about how to utilize those funds because i just want to point that out that you know but for that sort of larger competition and really debt coverage capacity being there i'd be much much less comfortable with that of increasing rates decreasing reserves while saying well we're trying to wean ourselves off of reserves is that we're right in building future that capacity is all the right things to do you know the the question are these are we trying to do too much or write too quickly because we don't you know maybe not right for or underfunded for so long but i just want  flag that is what i think is really the big paramount hunger shish and that comes sort of the next that's from very related to this i think i can sort of hold my nose to that issue look the other way because there's an understanding that it might take a recalibration of the way that that speaking service and it might require more of an appropriation from the tenth towards just in general needs it's across these funds to help i just want to i want to make they're caught because this is you know if i looked at this as without that context from a public perspective i would say well wait a second obama the owners of this i also think that  getting the point where we can financially express i know i would appreciate that going the budget season financially expressed what the impact for typical usage of a household might look like would be a very hopeful to discuss this with the public what does a three or four percent increase look like on either of the funds and water and sewer side so that we can say to them you know in your horribly billing this is what that will feel like this is this you can see it here and you know i know the team has always done amazing job in the financial management side of things but really appreciate the thought that we're going to demonstrate this in the way that it is probably done befor because i know where this is versus where it was seven years ago in terms of being able to understand it and just seeing a bunch of as you said cliffs where there's like will will have to figure that number out when we get there which we're ready you don't need to take any action on them to name but we want you to start seeing the language the process as you remember three pool as you have to approve these resolutions saying there is a need for avant vote in advance of payment is intended to come from the enterprise fund just in the interest of clarity for the builder i'm not sure people know what that means and so i don't know you know i don't know if that is language that is required to be included but i think if it's intended to allay any concerns that this is going to hit you on the property tax over i don't think that it hits the mark so i guess i was just asking  asking what the purpose of that phrasing is if it's intended to educate the voter i think with the power plant the one who should think clear if it's required is part of the ban banks or you know statutes the street it says a portion of the repayment is intended to come from the enterprise fund was a little of this so if it's required language that's one thing we'll do our best to explain it but if it's not and it's intended to sort of help people understand is meant to be more educational right the intent is to not to use property tax but ultimately the end of the day we're on the hook for an exact but the plan is to not have an income jump in his evening substitute water fees or questions last time about dedicating these funds for low to moderate income households so i have included in your pack at a reference from the loan policy and procedure indicating that initially these funds were for low to moderate income households so it wouldn't be changing the intent of mission initially intended and as requested in the previous city council meeting the revised resolution before you includes in number three on page two definitions of eligibility for funding based on occupants household income so for rental units occupants months or no less than eighty percent of area median household income and for home ownership assistant occupants must earn less than one hundred twenty percent area median income and those are based on census alliance with several other programs and looked at so for c h t's down payment assistance program on mobile homes and it's exactly the same will be under eighty percent area median income however for the several in the  the so and i know the housing commission has talked about this having sort of two purposes within the housing trust fund one  rental housing and so we're creating their housing trust fund but the funds that we're putting into it are still going to be dedicated to home improvement we're also when it says i'm a b and number now is and certainly that's something that i think you know if this is approved we would be going back to the housing commission to come up with policies and procedures and not be part of the decision making but in terms of  rental housing that is affordable to low income households earning less than eighty percent here in the ng there are currently no funds in the trust fund dedicated to that purpose but this sets up a vehicle right for in a similar vein or the majority of the parameters are not going to hear the income leader we've established in number three the income threshold and then that thirty percent limit like with a club with a hundred properties with those with vouchers where work says there's that fair market rent set which is what you're guaranteed to get from a revenue standpoint for a particular unit based on bedroom sizes and then they'll take a tenant that qualifies in the tenant then it's a thirty percent calculation they contribute that and what fills the gap between the two and that's how the project that's where that thirty percent number kicks in cash and relation to fair market  a specialized fun for those and there's nothing it's a billion here for that to serve that purpose but the potential of policy during some specifics too because that's something been wondering about just how we also use this to instance and a public hearing for example for january twenty second two before you talk there's a whole adoption series timeline series reduction for instance so what's included here for you is a track changes rates as discussed above the presentation and fingerprinting service that p t is recommending this year we've also taken out specific reference to the water rates and instead said water and waste water rates and instead said that those will specific program fees that may need to change from time sometimes not so technically per our charter you are required to set rate so we can't we would need to do it charter change if we were going to move away from you having to establish the rate for all the services programs for example that's the while the reason to start when we've done those by those that's part of the budget process that's certainly acceptable we haven't thought about that up because we had a finite recommendation but it's  questions or concerns from coun program that was carrying a six thousand dollar surplus when i started i think it's fair to say that approach we've taken with meals program terms of quality at our getting food to kids is much different than at that point so our margins have shifted quite a lot and you see that tracking down for i was another example where i think we've really shifted away from her father perspective that we were trying to do that work and that costs more money so i think that's that's another program where again concerned yet we need to make some adjustments and we're trying to do that with private i think certainly looking at some grant funding and looking at some different ways to approach the reparation funding as well but you know i'm not i'm not perhaps a little bit my perspective coming from the nonprofit world where you don't often have the luxury of that sort of reserve is perhaps a different perspective to carry and i think we're i think working ok place and i think a other questions comments concerns regarding the reserves  was a lot of these crap programs is that they are often looking to follow new or expansive elements so it's challenging to write those for operational costs right and i think certainly we've made some efforts to improve that always want to you and your staff going out identifying new sources of revenue but i don't want us to be of the position where that is the expectation for the majority of the work that your department does