City of Oak Point Capital Improvements Plan8D590207-0A48-461B... · FNI created fact sheets for...

City of Oak Point

Capital Improvements Plan

April 21, 2014

4055 International Plaza, Suite 200 Fort Worth, TX 76109 Phone – (817) 735‐7300

City of Oak Point Capital Improvements Plan

Table of Contents

Overview ......................................................................................................................................... 3

Table 1: CIPC Members ........................................................................................................ 3

Process ............................................................................................................................................ 3

Table 2: Timeline for CIP ...................................................................................................... 4

Project Selection ............................................................................................................................. 4

Prioritization Criteria ...................................................................................................................... 4

Project Prioritization ....................................................................................................................... 5

Funding Sources.............................................................................................................................. 6

Table 3: Summary of Funding Sources ................................................................................ 7

Funding Options.............................................................................................................................. 8

Appendix A – Final list of projects and project fact sheets ............................................................ 9

Appendix B – Round 1 Project Rankings ..................................................................................... 64

Appendix C – Round 2 Project Rankings ..................................................................................... 65

Appendix D – Round 3 Project Rankings ..................................................................................... 66

Appendix E – Round 4 Project Rankings ..................................................................................... 67

Appendix F – Oak Point Tax Rate Capacity ................................................................................. 68

Appendix G – Funding Option 1 .................................................................................................. 72

Appendix H – Funding Option 2 .................................................................................................. 73

Appendix I – Funding Option 3 .................................................................................................... 74

Appendix J – Funding Option 4 .................................................................................................... 75


Overview In 2013, the City Council appointed a Capital Improvements Plan Committee (CIPC)

consisting of Oak Point citizens representing the majority of the subdivisions (citizens from all subdivisions were invited to be part of the committee). Through a collaborative effort between the CIPC, City staff and the City Council, the CIP was developed.

The purpose of the CIP is to: o Help shape goals for the City o Help the City and its citizens identify key improvements to better the City rather

than just one area or subdivision o Serve as a platform to identify and obtain funding (e.g. easier to obtain funding

for larger projects or groups of projects, clarifies if impact fees could be assessed, etc.)

o Identify cooperative relationships (e.g. partnering with neighboring City or local school district to accomplish a mutual goal, etc.)

The goal of the CIP is to establish a prioritized list of projects that aligns with the City’s comprehensive and strategic plans as well as satisfies the needs and wants of the citizens of Oak Point; then to find applicable funding source(s) in an amount the City and/or its citizens can support.

CIPC Members

Crescent Oaks Donald Lindemann Kim O’Brien (unable to participate)

Hunters Ridge Addition / Estates James Taylor

Eagles Landing Barney Carrington Shelly Ehler

Woodridge Estates Erica Powell Randy Warren

Emerald Sound Rebecca Diaz Kelly Hall

Shore Acres / Fox Hollow / Yacht Club Estates Kristin Lyon Randall Massey

Gates of Waters Edge / Dickson Lane / Sunset Cove / Lonesome Dove

Lynn Hall

Hilltown Brenda Adame (added after City Council

appointments) Table 1: CIPC Members

Process The process for the CIP involved identifying and prioritizing candidate projects as well as

evaluating funding options for those projects. City staff contracted with Freese and Nichols (FNI) to facilitate the development of the CIP. Collaboration between City staff, FNI and the CIPC started in July 2013. Listed below are the key steps and meetings that took place during the development process of the CIP. Further explanations of some of the items are given in subsequent sections of the report.


TIMELINE FOR CIP Jun 17, 2013 Action CIPC appointed by City Council Jul 01, 2013 Meeting CIPC to identify projects and prioritization criteria

Action FNI prepares project fact sheets Jul 15, 2013 Meeting Approval of projects and prioritization criteria from City Council

Jul 22, 2013 Action CIPC receives project fact sheets, criteria definitions and scoring guidance, and ranking sheets

Aug 05, 2013 Meeting Optional CIPC work session (for members wanting to discuss or find out more about the projects before prioritizing them)

Aug 12, 2013 Action CIPC sends completed ranking sheets back Action Round 1 rankings assembled

Aug 26, 2013 Meeting CIPC to review prioritized project list Action Round 2 rankings assembled (based off meeting discussions)

Sep 16, 2013 Meeting Presentation of prioritized project list to City Council Action FNI begins preparing project cost estimates and funding options

Nov 18, 2013 Meeting Presentation of funding options to City Council Dec 09, 2013 Action CIPC returns second set of ranking sheets

Action Round 3 rankings assembled Feb 10, 2014 Meeting CIPC to discuss new rankings

Action Round 4 rankings assembled (based off meeting discussion)

Feb 18, 2014 Meeting Presentation of final rankings to City Council and discussion on preparing final CIP

Apr 21, 2014 Meeting Presentation of final CIP to City Council Table 2: Timeline for CIP

Project Selection City staff had the majority of the projects already identified when the CIPC was

assembled. The CIPC was given the list to review before the first meeting and then asked to identify any additional projects they would like included. The projects were discussed at the first meeting and the list was finalized. FNI created fact sheets for each project containing a location map and subdivision name, project description, justification and potential challenges. The final list of projects along with the fact sheets can be found in Appendix A.

Prioritization Criteria Prioritization criteria are an important part of any CIP development because the criteria is

the basis by which each project is measured against during the ranking process. City staff along with the CIPC provided input towards selecting the criteria for the development of this CIP. Ultimately, the criteria needed to align with the City’s Strategic Plan. The guiding goals of the Strategic Plan, which outline the City’s core business are:

Provide services with efficiency, integrity, and exceptional customer service.


Provide a safe community and protect people and property through the provision of progressive public safety programs.

Provide and maintain functional and sustainable infrastructure and facilities. Progressively plan for future development and maintain existing neighborhoods

through planning, land use, development, code enforcement, and revitalization programs.

Provide a variety of recreational opportunities by maintaining and expanding the City’s park system and through special events.

Build a diversified tax base by supporting economic expansion and engaging in aggressive economic development efforts and activities.

Recruit, continually motivate, and retain educated and experienced employees. Provide a fiscally sound government through efficient budgeting, spending and

resource management. Inform and seek input from citizens through a variety of communication efforts.

Based on those, the final seven criteria chosen were:

1. Health & Public Safety 2. Effects to Operating Expenses 3. Population Growth Support 4. Quality of Life/ Community Benefit 5. Economic Development 6. Recreational Opportunity 7. External Funding Availability

When the CIPC was given the final list of criteria, each one was defined, listed the guiding goal(s) of the City of Oak Point’s Strategic Plan it was supporting, and had a comprehensive scoring scale. This allowed each CIPC member to make a well-informed decision on how to prioritize each project against a specific criteria.

Project Prioritization The final list of projects were ranked several different times by the CIPC members and

the data was analyzed using various scenarios. It is common when analyzing this type of data to weight the inputs (in our case criteria). This simply means that you are placing importance or emphasis on certain criteria over the other criteria. If all criteria are weighted equally, then they all hold the same importance or value. ROUND 1 RANKINGS –

After the first meeting, 10 of the 12 CIPC members returned scoring sheets. This data was compiled and analyzed as summarized below.

All criteria equally weighted Criteria weighted to show an emphasis on Health and Public Safety Criteria weighted to show an emphasis on Quality of Life and Recreation


Because the majority of the CIPC members did not feel knowledgeable enough in the area of external funding, all of the above scenarios were also analyzed with criteria #7 - included, not included and with staff providing scores for that criteria. After analyzing the data in all the above scenarios, the findings showed that the differences were minimal and each had little impact on the prioritized project list. See Appendix B for these rankings. ROUND 2 RANKINGS –

After reviewing the results of the round 1 rankings, the CIPC felt like they did not adequately represent how the projects should be prioritized. They were subsequently reorganized to show prioritization within project types (roadways, parks, water, sewer, stormwater, equipment and facilities, other – miscellaneous) rather than an overall prioritized list (Appendix C). The CIPC felt these results were more useful because if a particular type of funding became available or a particular type of project was needed, they were already ranked by project types.

ROUND 3 RANKINGS –

The CIPC wanted to see how different the results would be if they were to rank the projects against one another, instead of ranking them directly against the criteria. For this round of rankings, CIPC members ranked projects from most to least important with the criteria as a guidance tool rather than a scoring system. Before the CIPC was given ranking sheets for this round, City staff modified the list of projects, creating three new categories – high priority, low priority and parks. The high priority projects generally included roadways and stormwater, the park projects were broken out into a separate category because of funding, and the low priority projects consisted of the remaining projects. The entire list was sent to the CIPC for their review, so they could comment if they felt a project was in the wrong category; however, they were not asked to rank the low priority projects. These rankings can be seen in Appendix D.

ROUND 4 RANKINGS (FINAL) –

After the third round of rankings, the City of Oak Point was informed that the Denton ISD would likely be building their new high school somewhere other than in Oak Point. This lowered the priority of widening McCormick Road and Martop Road because the potential of heavy high school traffic no longer existed. This change along with a few other changes in priorities made at the February 10, 2014 meeting were incorporated into the final ranking results (Appendix E) that were recommended to the City Council and are now being utilized as the prioritized list of projects for the CIP.

Funding Sources There are many funding sources available for the CIP. Many of them can be used across

all the projects, but some of them are specific to a certain type or types of projects. Table 1 shows a summary of the funding sources to be considered. More detail about each funding source is shown below Table 1.


Table 3: Summary of Funding Sources The funding sources that could be used across all project types are:

Capital Projects Funds o Currently $650,000 and accumulates approximately $50,000 annually

Regional and Local Entities o Cost Sharing – options would be Denton County, TxDOT, NCTCOG, etc.

Bond Funding o Certificate of Obligation – Council decision o General Obligation – Voter approval o Bond Options – Assuming 2% growth and 20 year note (see Appendix F)

$0.01 = $410,000 $0.05 = $2,000,000 $0.10 = $4,000,000

The funding sources that are specific to certain project type(s) are:

City Park Funds o Currently $95,000

Impact Fees – paid by developers to help offset costs of new utilities o Roadway o Sanitary Sewer o Stormwater

Utility Fees o Water / Sanitary Sewer o Stormwater

Park Fees – fee to use park facility (per person, per car, monthly, etc.) o Parks o Boat Ramp


Dedication of land to be used for parks and recreation Grants

o Texas Parks and Wildlife Development (TPWD) o Small Community Recreation Grant o Federal Emergency Management Agency (FEMA) o Various others

Funding Options There are many options available to the City of Oak Point for funding the CIP. They

range from very conservative options to options that put strain on the City and/or its citizens to higher risk options. Freese and Nichols has put together four different funding options for the City of Oak Point to consider. They are described below and can also be seen as applied to the CIP in Appendices G – J. OPTION 1 Rely only on the funds that are currently available

Capital Projects Funds ($650k + approximately $50,000 annually) City Park Funds ($95k)

OPTION 2 Option 1 + Additional revenue from impact fees and stormwater utility fees

Capital Projects Funds ($650k + approximately $50,000 annually) City Park Funds ($95k) Impact Fee: Roadways ($50k annually) Utility Fee: Stormwater ($50k annually)

OPTION 3 Options 1 & 2 + present a $2M General Obligation Bond to the voters for approval

Capital Projects Funds ($650k + approximately $50,000 annually) City Park Funds ($95k) Impact Fee: Roadways ($50k annually) Utility Fee: Stormwater ($50k annually) Bond Funding: General Obligation ($2M)

OPTION 4 Options 1 & 2 + present a $4M General Obligation Bond to the voters for approval

Capital Projects Funds ($650k + approximately $50,000 annually) City Park Funds ($95k) Impact Fee: Roadways ($50k annually) Utility Fee: Stormwater ($50k annually) Bond Funding: General Obligation ($4M)

Appendices

Pg # Project ID Project Name

1 E&F-01 Equipment Shed for City2 E&F-03 City Wide Wi-Fi3 E&F-02 Dump Truck for City

4 OT-03 Screening along Yacht Club Road5 OT-05 Storm Sirens6 OT-06 Extension of Natural Gas7 OT-02 Street Lighting8 OT-01 Crescent Oaks Subdivision Street Lighting9 OT-04 School Bus Stop for Hilltown

10 PK-01 Exercise Trail with Fitness Stations at Jake's Place11 PK-02 Parks and Trails Land Acquisition12 PK-04 Oak Point Boat Ramp Dock Replacement13 PK-03 Oak Point Boat Ramp Improvements

14 RD-09 Naylor Road Reconstruction15 RD-05 Martingale Trail Reconstruction16 RD-06 McCormick Road Reconstruction17 RD-07 Martop Road Reconstruction18 RD-18 Lakeshore Boulevard (Martingale to Max Bowden) Improvement19 RD-20 Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement20 RD-22 Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements21 RD-08 Shahan Prairie Road Reconstruction22 RD-02 Hilltown Roadway Improvements23 RD-12 Eagles Landing Roadway Improvements24 RD-13 Emerald Sound Roadway Improvements25 RD-21 Emerald Sound Boulevard Improvements26 RD-10 Crescent Oaks Beach Estates Unit I Roadway Improvements27 RD-11 Crescent Oaks Beach Estates Unit II Roadway Improvements28 RD-23 Eagles Landing Boulevard Improvements29 RD-19 Bronco Trail Improvement30 RD-15 McDaniel Drive Improvement31 RD-16 Baycrest Drive Improvement32 RD-17 Crescent Drive Improvement33 RD-14 Yacht Club Estates Roadway Improvements34 RD-24 Aqua Marine Drive Improvements35 RD-25 Corinthian Drive Improvements36 RD-04 Lonesome Dove Drive Improvement37 RD-01 Winchester Lane Improvement38 RD-03 Cedar Pine Lane Improvement

39 SR-08 Future Sanitary Sewer Master Plan Improvements40 SR-01 Emerald Sound Sanitary Sewer Service Extension41 SR-02 Eagles Landing Sanitary Sewer Service Extension42 SR-07 Crescent Oaks Sanitary Sewer Service Extension43 SR-03 Shore Acres/Fox Hollow Sanitary Sewer Service Extension44 SR-04 Yacht Club Estates Sanitary Sewer Service Extension45 SR-05 Hilltown Sanitary Sewer Service Extension46 SR-06 Dickson Lane and Sunset Cove Sanitary Sewer Service Extension

47 SW-01 Crescent Oaks Drainage Improvements48 SW-02 Hilltown Culvert Drainage Improvements49 SW-03 Shahan Prairie Drainage Improvements

50 WT-01 Fire flow for City51 WT-03 Crescent Oaks Water Supply Transition52 WT-02 Fox Hollow/Shore Acres Waterline Extension53 WT-04 Hunters Ridge Estates Waterline Extension54 WT-05 Dickson Lane and Sunset Cove Waterline Extension

Appendix A ‐ Projects List Summary & Fact Sheets

Roadways

Parks

Water

Other

Stormwater

Sewer

Equipment & Facilities

Page 9

Oak Point CIP Development

Project: E&F‐01

Equipment Shed for City

Project Name: Equipment Shed for City Project Type: Equipment/Facilities

Subdivision: City‐Wide

Status: ProposedRecommended By: City Staff

Project Description:The City's DPS maintains a fleet of six (6) police vehicles and the Public Works department maintains a fleet of three (3) pickup trucks, a dump truck, a backhoe, an asphalt zipper, a crack seal machine, a asphalt roller, trailers, and other heavy equipment. With the exception of the trailers, most of the Public Works equipment is stored indoors. However, trailers, all DPS vehicles, and the Public Works trucks are exposed to the weather when not in use. This project involves the construction of a vehicle/equipment shed or carport to shelter vehicles and equipment from the weather.

Justification:The construction of a vehicle/equipment shed or carport to shelter vehicles and equipment is expected to prolong the life of the vehicles and equipment.

Challenges:

Costs

Category CostDescription:EOPCYear: 2013

$81,165Other 17,500 SF of Foundation Slab

$315,000Other 17,500 SF of Canopy Structure

Total $396,165This will be an open air structure

Page 10


Project: E&F‐02

Dump Truck for City

Project Name: Dump Truck for City Project Type: Equipment/Facilities



Project Description:The City currently uses a 1996 Ford F800 to haul asphalt, dirt, mulch, and other materials and equipment. This project involves the purchase of a new dump truck to serve the City of Oak Point.

Justification:Multiple trips are often required to haul asphalt due to the size of the truck. In addition, the truck is aging resulting in the need for more frequent repairs.

Challenges:

Costs


$130,000Other New dump truck*

Total $130,000*Mack CHU613 Tandum Axial 14 Yard Load Dump Truck

Page 11


Project: E&F‐03

City Wide Wi‐Fi

Project Name: City Wide Wi‐Fi Project Type: Equipment/Facilities



Project Description:Provide Wi‐Fi for the City of Oak Point citizens.

Justification:All residents of Oak Point could potentially benefit from a city‐wide Wi‐Fi network by making internet service available to all residents of Oak Point.

Challenges:

Costs


$750,000Other Dual spectrum system

Total $750,000Please note this is for the assembly only. Service will be an extra cost.

Page 12


Project: OT‐01

Crescent Oaks Subdivision Street Lighting

Project Name: Crescent Oaks Subdivision Street Lighting Project Type: Other

Subdivision: Crescent Oaks


Project Description:The Crescent Oaks subdivision was developed in the early 1960's. The standards to which the subdivision was developed are completely different than the standards that exist today. Street lights were not installed when Crescent Oaks was developed. This project would involve the installation of street lights throughout the Crescent Oaks subdivision.

Justification:The installation of street lights in Crescent Oaks would provide safer conditions for motorists and pedestrians in Crescent Oaks.

Challenges:Not all residents of Oak Point desire street lights.

Costs


$738,800Other 200 EA of Light poles, bases, wiring, etc.

Total $738,800

Page 13


Project: OT‐02

Street Lighting

Project Name: Street Lighting Project Type: Other

Subdivision: Various


Project Description:The standards to which many older neighborhoods in Oak Point were developed are completely different than the standards to which subdivisions are developed today. Street lights were not installed in some of the older areas of Oak Point such as Yacht Club Estates and Shore Acres. This project would involve the installation of street lights in any other areas identified by the CIP Committee.

Justification:Street lights provide safer conditions for motorists and pedestrians.

Challenges:Not all residents of Oak Point desire street lights.

Costs


$206,864Other 56 EA of Light poles, bases, wiring, etc.

Total $206,864

Page 14


Project: OT‐03

Screening along Yacht Club Road

Project Name: Screening along Yacht Club Road Project Type: Other



Project Description:Some of the homes and fences on the west side of Yacht Club Road between Lakeshore Boulevard and Martingale Trail have fallen into a state of disrepair. The idea of constructing a split rail fence and shrubs in this area has been discussed to create a visual barrier between Yacht Club Road and the back yards of the homes that back to Yacht Club Road. This project involves the construction of a fence and/or landscaping in this area.

Justification:All residents that drive Yacht Club Road would benefit from this aesthetic improvement.

Challenges:As it has been represented that a bridal trail owned by the Crescent Oaks POA is located along the west side of Yacht Club Road between Lakeshore Boulevard and Martingale Trail, the City may need to partner with the Crescent Oaks POA on this project.

Costs


$41,105Other Shrubs

$64,690Other Split rail fencing

Total $105,795

Page 15


Project: OT‐04

School Bus Stop for Hilltown

Project Name: School Bus Stop for Hilltown Project Type: Other

Subdivision: Hilltown

Status: ProposedRecommended By: General Public

Project Description:Design a bus stop at the intersection of Cottonwood Trail and Post Oak Lane in Hilltown.

Justification:Little Elm ISD school buses currently pick up and drop off students at the intersection of Cottonwood Trail and Post Oak Lane in Hilltown. By doing so, the intersection becomes congested with vehicles and pedestrians ‐‐ creating safety concerns. The problem is compounded by the condition of the roads in the unincorporated areas of Hilltown. The condition of the roads do not readily allow buses to circulate through Hilltown.

Challenges:The construction of a bus stop does not seem to address the primary problems ‐ the condition of the roads and the inability of the bus to effectively maneuver in and around the current bus stop location.

Costs


$5,000Other Site amenities ‐ Landscaping, paving, signage

$1,505Other Site/Park bench seating

$6,075Other Shelter

Total $12,580

Page 16


Project: OT‐05

Storm Sirens

Project Name: Storm Sirens Project Type: Other


Status: ProposedRecommended By: CIP Committee

Project Description:Provide outdoor storm sirens for the City of Oak Point.

Justification:The current emergency system that the City of Oak Point uses (Blackboard Connect) relies on citizens putting their cell numbers in the database and also relies on citizens having their phone with them when an emergency arises. Storm sirens, while not always heard indoors, would alert citizens that are engaged in outdoor activities that there is an emergency.

Challenges:Storm sirens have limitations, like not always being able to be heard indoors and having a possible time delay in activation since it is not activated by the National Weather Service.

Costs


$26,553Other 1 EA of Speaker/Cabinet assembly with hardware

Total $26,553

Page 17


Project: OT‐06

Extension of Natural Gas

Project Name: Extension of Natural Gas Project Type: Other

Subdivision: N/A


Project Description:Due to the cost, developers of residential subdivisions in Oak Point chose not to extend natural gas to their projects. This project would extend natural gas to City Hall (for estimating purposes). The locations for future gas service would likely be to the commercial corridors.

Justification:This project may benefit Oak Point by providing an alternative to electricity and propane.

Challenges:Just as cost was an impediment to developers, cost will be an impediment to Oak Point.

Costs


$300,000Other Compressor station

$5,000,000Other Approximately 9 miles of 6" and 10" pipeline*

Total $5,300,000*This extends the line from Denton to Oak Point City Hall Please note this does not include any right-of-way costs that might be incurred

Page 18


Project: PK‐01

Exercise Trail with Fitness Stations at Jake's Place

Project Name: Exercise Trail with Fitness Stations at Jake's Place Project Type: Parks



Project Description:One of the improvements depicted on the Master Plan for Jake's Place Park is a concrete wheel‐chair accessible walking, jogging and biking trail to include a 1/4 mile exercise loop with trail‐side fitness stations. The City submitted a grant application to the Texas Parks and Wildlife Department in 2011 to fund a portion of the trail improvements at Jake's Place Park, but the grant was not approved. This project involves the construction of the trail and the fitness stations.

Justification:This project would expand the recreational opportunities that are available to visitors to Jake's Place Park.

Challenges:

Costs


$40,000Other 5 EA of Fitness Stations

$79,200Other 2400 LF of 6' wide concrete trail, including design

Total $119,200

Page 19


Project: PK‐02

Parks and Trails Land Acquisition

Project Name: Parks and Trails Land Acquisition Project Type: Parks



Project Description:The City has a Parks & Trails Master Plan that shows the desired locations of parks and trails throughout the City. Land for parks is generally acquired by donation from a land owner, dedication upon development of the surrounding property for a single‐family subdivision, or by the City purchasing the property. This project involves purchasing land that the CIP Committee and City Council feel is needed for expanding the parks system within the City.

Justification:This project would ultimately result in additional recreational opportunities for the citizens of Oak Point.

Challenges:

Costs


$80,000Other Approximately $80,000/ Acre

Total $80,000

Page 20


Project: PK‐03

Oak Point Boat Ramp Improvements

Project Name: Oak Point Boat Ramp Improvements Project Type: Parks



Project Description:The Corps of Engineers has issued a license to the City of Oak Point to use the property at the southern terminus of Lakeshore Boulevard for a boat ramp. This project involves adding other amenities such as new signs, new fencing, improved parking, picnic tables, upgraded trash cans, landscaping and/or and BBQ grills to the area surrounding the boat ramp.


Challenges:Any improvements are subject to approval of the Corps of Engineers.

Costs


$3,500Other Landscaping

$6,388Other Signs, Picnic Tables, BBQ Grills, Trash Cans

$6,910Other Edge of Lake Fencing

$105,140Other New Paving and Parking

Total $121,938

Page 21


Project: PK‐04

Oak Point Boat Ramp Dock Replacement

Project Name: Oak Point Boat Ramp Dock Replacement Project Type: Parks



Project Description:The Corps of Engineers has issued a license to the City of Oak Point to use the property at the southern terminus of Lakeshore Boulevard for a boat ramp. This project would involve replacing the existing dock with a floating dock that adjusts to the variable water level of the lake. The Corps of Engineers has issued a license to the City of Oak Point to use the property at the southern terminus of Lakeshore Boulevard for a boat ramp.

This project would still incorporate everything from the previous project PK‐03 which involves adding other amenities such as new signs, new fencing, improved parking, picnic tables, upgraded trash cans, landscaping and/or and BBQ grills to the area surrounding the boat ramp.


Challenges:Any improvements are subject to approval of the Corps of Engineers.

Costs


$75,280Other New floating dock with handrails

$121,938Other Everything listed in PK‐03

Total $197,218

Page 22


Project: RD‐01

Winchester Lane Improvement

Project Name: Winchester Lane Improvement Project Type: Roads

Subdivision: Four W


Project Description:Most existing roads in the City are constructed of asphalt. Some newer roads are concrete and a few older roads are crushed rock or dirt. Winchester Road is one of a few dirt roads in the City. This project would involve resurfacing the entire length of Winchester Lane from Martop Road to McCormick Road as a two‐lane chip seal or asphalt section. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:These improvements will improve the driving surface and generally increase the safety of the roadway.

Challenges:The acquisition of right‐of‐way may be necessary to accommodate paving and/or drainage improvements.

Alternate Costs


$33,480Chip Seal Shorter life / cheaper cost

Total $33,480

Costs


$627,7502L Asphalt Roadway 2700 LF of 10' lanes (6" base / 2" asphalt)

Total $627,750

Page 23


Project: RD‐02

Hilltown Roadway Improvements

Project Name: Hilltown Roadway Improvements Project Type: Roads



Project Description:Reconstruct all of the roadways in Hilltown as two‐lane asphalt sections. When upgraded, they will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Most existing roads in the City are constructed of asphalt. Some newer roads are concrete and a few older roads are crushed rock or dirt. Pine Bluff Trail, Elm Drive, and portions of Cottonwood Trail are dirt roads with a large number of potholes. The condition of the roads can present challenges for emergency vehicles. These improvements will improve the driving surface, increase the safety of the roadway, and provide a more accessible route for emergency vehicles.


Costs


$2,220,3752L Asphalt Roadway 9550 LF of 10' lanes (6" base / 2" asphalt)

Total $2,220,375

Page 24


Project: RD‐03

Cedar Pine Lane (north‐south section) Improvement

Project Name: Cedar Pine Lane (north‐south section) Improvement Project Type: Roads

Subdivision: Shore Acres


Project Description:Most existing roads in the City are constructed of asphalt. Some newer roads are concrete and a few older roads are crushed rock or dirt. Cedar Pine Lane is one of a few dirt roads in the City. This project would involve resurfacing the entire length of Cedar Pine Lane as a two‐lane chip seal or asphalt section. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.



Alternate Costs



Total $14,880

Costs



Total $279,000

Page 25


Project: RD‐04

Lonesome Dove Drive Improvement

Project Name: Lonesome Dove Drive Improvement Project Type: Roads

Subdivision: Not platted


Project Description:Most existing roads in the City are constructed of asphalt. Some newer roads are concrete and a few older roads are crushed rock or dirt. Lonesome Dove Drive is one of a few dirt roads in the City. A majority of Lonesome Dove Drive is located in an unincorporated area of Denton County, but a small section of the road is located within the City limits. This project would involve resurfacing the City's section of Lonesome Dove Drive as a two‐lane chip seal or asphalt section. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.


Challenges:The acquisition of right‐of‐way may be necessary to accommodate paving and/or drainage improvements. Also, the improvement of only the City portion of Lonesome Dove Drive would not be practical without the Denton County section of Lonesome Dove Drive also being improved.

Alternate Costs


$24,4132" Asphalt Overlay Shorter life / cheaper cost

Total $24,413

Costs



Total $104,625

Page 26


Project: RD‐05

Martingale Trail (FM 720 to Yacht Club Road) Roadway Reconstruction

Project Name: Martingale Trail (FM 720 to Yacht Club Road) Roadway Reconst Project Type: Roads

Subdivision: Hunters Ridge


Project Description:The City's Thoroughfare Plan identifies the general location and size of future thoroughfares within the City. The Thoroughfare Plan designates Martingale Trail as a minor arterial. As Martingale Trail extends west from FM 720, it dead ends before it reaches Yacht Club Road. This project would construct Martingale Trail as a two‐lane undivided concrete roadway from its current terminus to Yacht Club Road.

Justification:Motorists coming or going from Oak Point must use either Naylor Road, Martop Road, or McCormick Road. When one or more of these roads is temporarily blocked, access in and out of Oak Point is restricted. This improvement will result in another means of access to and from the City. This additional point of access may become increasing important as the Denton ISD considers the construction of a high school and possibly a middle school on their property located west of FM 720 between Martop Road and McCormick Road.

Challenges:

Alternate Costs



Total $113,925

Costs


$976,5002L Concrete Roadway 2100 LF of 15' lanes (6" base / 8" concrete)

Total $976,500

Page 27


Project: RD‐06

McCormick Road Reconstruction

Project Name: McCormick Road Reconstruction Project Type: Roads



Project Description:The City's Thoroughfare Plan identifies the general location and size of future thoroughfares within the City. The Thoroughfare Plan designates McCormick Road as a minor arterial. This project involves the reconstruction of McCormick Road from Naylor Road to FM 720 from a two‐lane asphalt roadway to a four‐lane divided concrete roadway.

Justification:This improvement will increase capacity, safety and the life of the roadway. The widening of McCormick Road may become increasing important as the Denton ISD considers the construction of a high school and possibly a middle school on their property located west of FM 720 between Martop Road and McCormick Road.

Challenges:The acquisition of right‐of‐way will be necessary to accommodate paving and drainage improvements.

Costs


$3,645,6004LD Concrete Roadway 4800 LF of 12' lanes (6" base / 8" concrete)

Total $3,645,600

Page 28


Project: RD‐07

Martop Road Reconstruction

Project Name: Martop Road Reconstruction Project Type: Roads

Subdivision: Four W, Cross Oak Ranch


Project Description:The City's Thoroughfare Plan identifies the general location and size of future thoroughfares within the City. The Thoroughfare Plan designates Martop Road as a minor arterial. This project involves the reconstruction of Martop Road from Naylor Road to FM 720 from a two‐lane divided asphalt roadway to a four‐lane divided concrete roadway.

Justification:This improvement will increase capacity, safety and the life of the roadway. The widening of Martop Road may become increasing important as the Denton ISD considers the construction of a high school and possibly a middle school on their property located west of FM 720 between Martop Road and McCormick Road.


Costs



Total $3,417,750

Page 29


Project: RD‐08

Shahan Prairie Road Reconstruction

Project Name: Shahan Prairie Road Reconstruction Project Type: Roads

Subdivision: Woodridge Estates, Future Timberlake Estates


Project Description:The City's Thoroughfare Plan identifies the general location and size of future thoroughfares within the City. The Thoroughfare Plan designates Shahan Prairie Road as a minor arterial. This project involves the reconstruction of Shahan Prairie Road from FM 720 east to the City limits from a two‐lane asphalt roadway to a four‐lane divided concrete roadway.

Justification:This improvement will increase capacity, access, safety and the life of the roadway.


Costs



Total $2,946,860

Page 30


Project: RD‐09

Naylor Road Reconstruction

Project Name: Naylor Road Reconstruction Project Type: Roads

Subdivision: Emerald Sound, Four W


Project Description:The City's Thoroughfare Plan identifies the general location and size of future thoroughfares within the City. The Thoroughfare Plan designates Naylor Road as a minor arterial. This project involves the reconstruction of Naylor Road from McCormick Road north to the City limits from a two‐lane asphalt roadway to a three‐lane undivided concrete roadway.

Justification:This improvement will increase capacity, safety and the life of the roadway. The improvement of Naylor Road may become increasing important as the Denton ISD considers the construction of a high school and possibly a middle school on their property located west of FM 720 between Martop Road and McCormick Road and as TxDOT begins construction to widen FM 720 and motorists begin to use Naylor Road as an alternate route.

Challenges:The acquisition of right‐of‐way will be necessary to accommodate paving and drainage improvements. Also, the improvement of only the City portion of Naylor Road would not be practical without Denton County and the Town of Cross Roads improving their sections of Naylor Road.

Costs


$1,081,2803L Concrete Roadway 2180 LF of 12' lanes (6" base / 8" concrete)

Total $1,081,280

Page 31


Project: RD‐10

Crescent Oaks Beach Estates Unit I Roadway Improvements

Project Name: Crescent Oaks Beach Estates Unit I Roadway Improvements Project Type: Roads



Project Description:Resurface or reconstruct all of the roadways in Crescent Oaks Unit I (the northern portion of Crescent Oaks). When upgraded, they will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Most of the roads in Crescent Oaks have been patched and/or crack sealed. The driving surface and edges of some roads are deteriorating. These improvements will improve the driving surface and generally increase the safety of the roadway.

Challenges:The cost of resurfacing all roads in a subdivision at once will be a challenge

Alternate Costs



Total $756,788

Costs



Total $3,243,375

Page 32


Project: RD‐11

Crescent Oaks Beach Estates Unit II Roadway Improvements

Project Name: Crescent Oaks Beach Estates Unit II Roadway Improvements Project Type: Roads



Project Description:Resurface or reconstruct all of the roadways in Crescent Oaks Unit II (the southern portion of Crescent Oaks). When upgraded, they will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Most of the roads in Crescent Oaks have been patched and/or crack sealed. The driving surface and edges of some roads are deteriorating. Lakeshore Boulevard is in poor condition. These improvements will improve the driving surface and generally increase the safety of the roadway.


Alternate Costs



Total $600,819

Costs



Total $2,574,938

Page 33


Project: RD‐12

Eagles Landing Roadway Improvements

Project Name: Eagles Landing Roadway Improvements Project Type: Roads

Subdivision: Eagles Landing


Project Description:Resurface or reconstruct all of the roadways in Eagles Landing. When upgraded, they will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Some of the roads in Eagles Landing have been patched and/or crack sealed. The driving surface and edges of some roads are deteriorating. The entance of Eagles Landing Boulevard is detriorating. These improvements will improve the driving surface and generally increase the safety of the roadway.


Alternate Costs



Total $613,839

Costs



Total $2,630,738

Page 34


Project: RD‐13

Emerald Sound Roadway Improvements

Project Name: Emerald Sound Roadway Improvements Project Type: Roads

Subdivision: Emerald Sound


Project Description:Resurface or reconstruct all of the roadways in Emerald Sound. When upgraded, they will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Some of the roads in Emerald Sound have been patched and/or crack sealed. The driving surface and edges of some roads are deteriorating. Portions of Emerald Sound Boulevard is deteriorating. These improvements will improve the driving surface and generally increase the safety of the roadway.


Alternate Costs


$1,454,7142" Asphalt Overlay Shorter life / cheaper cost

Total $1,454,714

Costs



Total $6,234,488

Page 35


Project: RD‐14

Yacht Club Estates Roadway Improvements

Project Name: Yacht Club Estates Roadway Improvements Project Type: Roads

Subdivision: Yacht Club Estates


Project Description:Resurface or reconstruct all of the roadways in Yacht Club Estates. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:The edge of some roads are deteriorating. All roads in very narrow and do not meet current standards. These improvements will improve the driving surface, increase the safety of the roadway, and provide a more accessible route for emergency vehicles.


Alternate Costs



Total $233,275

Costs



Total $999,750

Page 36


Project: RD‐15

McDaniel Drive Improvement

Project Name: McDaniel Drive Improvement Project Type: Roads

Subdivision: Not platted


Project Description:A majority of McDaniel Drive is located in an unincorporated area of Denton County, but a small section of the road is located within the City limits. This project would involve resurfacing the City's section of McDaniel Drive as a two‐lane chip seal or asphalt section. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Most existing roads in the City are constructed of asphalt. Some newer roads are concrete and a few older roads are crushed rock or dirt. McDaniel Drive is one of a few dirt/gravel roads in the City. These improvements will improve the driving surface, increase the safety of the roadway, and provide a more accessible route for emergency vehicles.

Challenges:The acquisition of right‐of‐way may be necessary to accommodate paving and/or drainage improvements. Also, the improvement of only the City portion of McDaniel Drive would not be practical without the Denton County section of McDaniel Drive also being improved.

Alternate Costs



Total $10,850

Costs



Total $46,500

Page 37


Project: RD‐16

Baycrest Drive Improvement

Project Name: Baycrest Drive Improvement Project Type: Roads



Project Description:Resurfacing Baycrest Drive as a two‐lane chip seal or asphalt section. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Most existing roads in the City are constructed of asphalt. Some newer roads are concrete and a few older roads are crushed rock or dirt. Baycrest Drive is constructed of only base rock. These improvements will improve the driving surface, increase the safety of the roadway, and provide a more accessible route for emergency vehicles.

Challenges:

Alternate Costs



Total $3,720

Costs



Total $69,750

Page 38


Project: RD‐17

Crescent Drive Improvement

Project Name: Crescent Drive Improvement Project Type: Roads



Project Description:Resurfacing Crescent Drive as a two‐lane chip seal or asphalt section. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Most existing roads in the City are constructed of asphalt. Some newer roads are concrete and a few older roads are crushed rock or dirt. Crescent Drive is constructed of only base rock. These improvements will improve the driving surface, increase the safety of the roadway, and provide a more accessible route for emergency vehicles.

Challenges:

Alternate Costs



Total $3,720

Costs



Total $69,750

Page 39


Project: RD‐18

Lakeshore Boulevard (Martingale to Max Bowden) Improvement

Project Name: Lakeshore Boulevard (Martingale to Max Bowden) Improveme Project Type: Roads



Project Description:Resurface or reconstruct Lakeshore Boulevard from Martingale Trail to Max Bowden Drive. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Portions of this section of Lakeshore Boulevard, the primary collector street in Crescent Oaks, are deteriorating. These improvements will improve the driving surface, increase the safety of the roadway, and provide a more accessible route for emergency vehicles.

Challenges:

Alternate Costs



Total $187,976

Costs



Total $805,613

Page 40


Project: RD‐19

Bronco Trail Improvement

Project Name: Bronco Trail Improvement Project Type: Roads



Project Description:Resurface or reconstruct Bronco Trail. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Portions of Bronco Trail are deteriorating. Turnarounds or cul‐de‐sacs are not provided at either end of Bronco Trail. These improvements will improve the driving surface, increase the safety of the roadway, and provide a more accessible route for emergency vehicles.

Challenges:

Alternate Costs



Total $153,256

Costs



Total $656,813

Page 41


Project: RD‐20

Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement

Project Name: Lakeshore Boulevard (Yacht Club Road to Martingale) Improve Project Type: Roads



Project Description:Resurface or reconstruct Lakeshore Boulevard from Yacht Club Road to Martingale Trail. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:While not as significant as the southern section, portions of this section of Lakeshore Boulevard, the primary collector street in Crescent Oaks, are deteriorating. These improvements will improve the driving surface, increase the safety of the roadway, and provide a more accessible route for emergency vehicles.

Challenges:

Alternate Costs



Total $279,930

Costs



Total $1,199,700

Page 42


Project: RD‐21

Emerald Sound Boulevard Improvements

Project Name: Emerald Sound Boulevard Improvements Project Type: Roads



Project Description:Resurface or reconstruct Emerald Sound Boulevard. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Portions of Emerald Sound Boulevard have been crack sealed or heavily patched. These improvements will improve the driving surface and generally increase the safety of the roadway.

Challenges:

Alternate Costs



Total $404,163

Costs



Total $1,732,125

Page 43


Project: RD‐22

Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements

Project Name: Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Imp Project Type: Roads



Project Description:Resurface or reconstruct Martingale Trail from Yacht Club Road to Lakeshore Boulevard. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:This section of Martingale Trail has been crack sealed or heavily patched. These improvements will improve the driving surface and generally increase the safety of the roadway.

Challenges:

Alternate Costs



Total $124,775

Costs



Total $534,750

Page 44


Project: RD‐23

Eagles Landing Boulevard Improvements

Project Name: Eagles Landing Boulevard Improvements Project Type: Roads



Project Description:Resurface or reconstruct Eagles Landing Boulevard. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Portions of Eagles Landing Boulevard have been crack sealed or heavily patched. The entance of Eagles Landing Boulevard is detriorating. These improvements will improve the driving surface and generally increase the safety of the roadway.

Challenges:

Alternate Costs



Total $244,125

Costs



Total $1,046,250

Page 45


Project: RD‐24

Aqua Marine Drive Improvements

Project Name: Aqua Marine Drive Improvements Project Type: Roads



Project Description:Resurface or reconstruct Aqua Marine Drive. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.

Justification:Portions of Aqua Marine Drive have been crack sealed or heavily patched. These improvements will improve the driving surface and generally increase the safety of the roadway.

Challenges:

Alternate Costs



Total $237,073

Costs



Total $1,016,025

Page 46


Project: RD‐25

Corinthian Drive Improvements

Project Name: Corinthian Drive Improvements Project Type: Roads



Project Description:Resurface or reconstruct Corinthian Drive. When upgraded, it will match the rural local section as described in the Oak Point comprehensive plan.


Challenges:

Alternate Costs



Total $23,870

Costs



Total $102,300

Page 47


Project: SR‐01

Emerald Sound Sanitary Sewer Service Extension

Project Name: Emerald Sound Sanitary Sewer Service Extension Project Type: Sewer



Project Description:Emerald Sound residents treat their wastewater with individual septic systems. This project would extend sanitary sewer service to the Emerald Sound subdivision.

Justification:This project will benefit the residents of Emerald Sound. In lieu of septic systems, residents would pay for monthly wastewater service, but maintenance of the system and maintenance costs would be the responsibility of the wastewater provider.

Challenges:If this project were completed, residents would need to bear the cost of disconnecting their septic system and connecting to the new sewer line. To make this project financially feasible, the project will require a vast majority of residents to connect to the sanitary sewer service and no longer use their septic systems.

Costs


$2,563,781Sanitary Sewer Line Entire Subdivision Improvement*

Total $2,563,781*This is the cost prepared by Allison Engineering, LLC on November 22, 2004.

Page 48


Project: SR‐02

Eagles Landing Sanitary Sewer Service Extension

Project Name: Eagles Landing Sanitary Sewer Service Extension Project Type: Sewer



Project Description:Eagles Landing residents treat their wastewater with individual septic systems. This project would extend sanitary sewer service to the Eagles Landing subdivision.

Justification:This project will benefit the residents of Eagles Landing. In lieu of septic systems, residents would pay for monthly wastewater service, but maintenance of the system and maintenance costs would be the responsibility of the wastewater provider.


Costs




Page 49


Project: SR‐03

Shore Acres/Fox Hollow Sanitary Sewer Service Extension

Project Name: Shore Acres/Fox Hollow Sanitary Sewer Service Extension Project Type: Sewer

Subdivision: Fox Hollow, Shore Acres


Project Description:Shore Acres/Fox Hollow residents treat their wastewater with individual septic systems. This project would extend sanitary sewer service to the Shore Acres/Fox Hollow subdivision.

Justification:This project will benefit the residents of Shore Acres/Fox Hollow. In lieu of septic systems, residents would pay for monthly wastewater service, but maintenance of the system and maintenance costs would be the responsibility of the wastewater provider.


Costs


$0Sanitary Sewer Line NA

Total $0A project cost for this project has not been developed at this time. Project SR-08 (Wastewater Master Plan) will define the scope and costs for this projects.

Page 50


Project: SR‐04

Yacht Club Estates Sanitary Sewer Service Extension

Project Name: Yacht Club Estates Sanitary Sewer Service Extension Project Type: Sewer



Project Description:Yacht Club Estates residents treat their wastewater with individual septic systems. This project would extend sanitary sewer service to the Yacht Club Estates subdivision.

Justification:This project will benefit the residents of Yacht Club Estates. In lieu of septic systems, residents would pay for monthly wastewater service, but maintenance of the system and maintenance costs would be the responsibility of the wastewater provider.


Costs




Page 51


Project: SR‐05

Hilltown Sanitary Sewer Service Extension

Project Name: Hilltown Sanitary Sewer Service Extension Project Type: Sewer



Project Description:Hilltown residents treat their wastewater with individual septic systems. This project would extend sanitary sewer service to the Hilltown subdivision.

Justification:This project will benefit the residents of the Hilltown subdivision. In lieu of septic systems, residents would pay for monthly wastewater service, but maintenance of the system and maintenance costs would be the responsibility of the wastewater provider.


Costs




Page 52


Project: SR‐06

Dickson Lane and Sunset Cove Sanitary Sewer Service Extension

Project Name: Dickson Lane and Sunset Cove Sanitary Sewer Service Extensio Project Type: Sewer



Project Description:Dickson Lane and Sunset Cove residents treat their wastewater with individual septic systems. This project would extend sanitary sewer service to the Dickson Lane and Sunset Cove area.

Justification:This project will benefit the residents of the Dickson Lane and Sunset Cove area. In lieu of septic systems, residents would pay for monthly wastewater service, but maintenance of the system and maintenance costs would be the responsibility of the wastewater provider.


Costs




Page 53


Project: SR‐07

Crescent Oaks Sanitary Sewer Service Extension

Project Name: Crescent Oaks Sanitary Sewer Service Extension Project Type: Sewer



Project Description:Crescent Oaks residents treat their wastewater with individual septic systems. This project would extend sanitary sewer service to the Crescent Oaks subdivision.

Justification:This project will benefit the residents of Crescent Oaks. In lieu of septic systems, residents would pay for monthly wastewater service, but maintenance of the system and maintenance costs would be the responsibility of the wastewater provider.


Costs




Page 54


Project: SR‐08

Future Sanitary Sewer Master Plan Improvements

Project Name: Future Sanitary Sewer Master Plan Improvements Project Type: Sewer



Project Description:Most residents in the Oak Point treat their wastewater with individual septic systems. When Woodridge Estates, the Gates of Waters Edge, and the Wellington Trace subdivisions were developed, the developers constructed a wastewater system that is now operated by the City of Oak Point. Wastewater generated by the system is treated at a centralized wastewater treatment plant operated by the Upper Trinity Regional Water District. System customers must establish wastewater service accounts with the City of Oak Point. If the City's wastewater system was expanded to extend service to other areas of the City, it will be necessary to evaluate the City's overall Sanitary Sewer Master Plan to identify a systematic approach to provide service to the additional areas.

Justification:A Sanitary Sewer Master Plan is necessary to identify a systematic approach to provide service to the additional areas.

Challenges:

Costs


$50,000Sanitary Sewer Line Engineering Study

Total $50,000

Page 55


Project: SW‐01

Crescent Oaks Drainage Improvements

Project Name: Crescent Oaks Drainage Improvements Project Type: Drainage



Project Description:The Crescent Oaks subdivision was developed in the early 1960's. The standards to which the subdivision was developed are completely different than the standards that exist today. As Crescent Oaks has developed, some areas of Crescent Oaks have experienced drainage problems which, on occasion, results in flooded yards and even damage to living areas. During recent years, the City has reshaped some of the bar ditches, replaced damaged culvert ends, and upsized some of the driveway culverts in the most problematic areas while also encouraging residents to keep bar ditches mowed and free of debris. This project will evaluate additional improvements that are necessary to improve drainage in Crescent Oaks.

Justification:This project would benefit some residents of Crescent Oaks by improving drainage conditions whereby reducing the frequency of flooded yards and damage to living areas.

Challenges:

Costs


$6,140Headwall 2 EA of 36" Headwall

$60,060Headwall 22 EA of 30" Headwall

$8,740Culvert 40 LF of 30" RCP and 40 LF of 36" RCP for Street

$24,570Culvert 240 LF of 30" RCP for Driveways

$6,830Other Traffic Control

$2,050Other 300 SY of Sodding

$4,100Other 300 SY of Miscellaneous Grading

$13,510Pavement Repair 165 SY

Total $126,000These costs were developed based on recommendations presented in the drainage study completed by Allison Engineering Group dated May 8, 2009.

Page 56


Project: SW‐02

Hilltown Culvert Drainage Improvements

Project Name: Hilltown Culvert Drainage Improvements Project Type: Drainage



Project Description:The condition of a drainage culvert that extends under Cedar Lane in the Hilltown subdivision is deteriorating. This project would replace and possibly resize the existing culvert to provide improved drainage and safer conditions.

Justification:This project will provide improved drainage and safer conditions.

Challenges:

Costs


$32,700Headwall 2 EA of 10' x 10' RCB Headwall

$36,800Culvert 60 LF of 10' x 10' RCB Street Culvert




Total $85,000

Page 57


Project: SW‐03

Shahan Prairie Drainage Improvements

Project Name: Shahan Prairie Drainage Improvements Project Type: Drainage

Subdivision: N/A


Project Description:The condition of a drainage culvert that extends under Shahan Prairie Road is deteriorating. This project would replace and possibly resize the existing culvert to provide improved drainage and safer conditions.

Justification:This project will provide improved drainage and safer conditions.

Challenges:

Costs


$21,900Headwall 2 EA of 6' x 4' RCB Headwall

$13,650Culvert 40 LF of 6' x 4' RCB Street Culvert




Total $42,000

Page 58


Project: WT‐01

Fire flow for City

Project Name: Fire flow for City Project Type: Water



Project Description:Water service is provided to a majority of Oak Point residents by Mustang Special Utility District (SUD). Mustang SUD has consistently represented that the fire hydrants connected to their system are capable of providing fire flow. Monarch Utilities and Terra Southwest provide water service to other areas of Oak Point while some areas simply receive water from privately owned wells. Most water providers represent that they have an obligation to provide water to their customers, but they do not have an obligation to provide fire flow. The biggest obstacle in providing superior fire flow are line sizes and water pressure. Most cities now require a minimum water line size of 6". The water lines in most older subdivisions in Oak Point are smaller than 6"; therefore this project will also upgrade all water lines in the City to a minimum of 6" in size.

Justification:This project would benefit the citizens of the Crescent Oaks and Yacht Club Estates subdivisions by providing fire fighters with access to additional water sources.

Challenges:

Costs


$1,104,552Waterline Installing 6" lines in areas without service*

$5,414,016Waterline Projects WT‐02 ‐ WT‐05

Total $6,518,568*These areas include Yacht Club Estates, Hilltown, Waters Edge, Winchester Road and McCormick Road.

Page 59


Project: WT‐02

Fox Hollow/Shore Acres Waterline Extension

Project Name: Fox Hollow/Shore Acres Waterline Extension Project Type: Water

Subdivision: Fox Hollow, Shore Acres


Project Description:Mustang SUD is the water provider for the Fox Hollow and Shore Acres area. Residents in these areas currently obtain their water from privately owned water wells. This project would involve the extension of Mustang SUD water service to the Fox Hollow and Shore Acres (Cedar Pine Lane and lower Yacht Club Road) subdivisions.

Justification:This project will benefit the citizens of the Fox Hollow and Shore Acres (Cedar Pine Lane and lower Yacht Club Road) subdivisions. Residents would pay for monthly water service based on the amount of water used, but maintenance of the system and maintenance costs would be the responsibility of the water provider.

Challenges:

Costs


$244,296Waterline 5655 LF of 6"


$133,860Pavement Repair 11155 LF

$128,003Engineering Design

Total $981,359

Page 60


Project: WT‐03

Crescent Oaks Water Supply Transition

Project Name: Crescent Oaks Water Supply Transition Project Type: Water



Project Description:Monarch Utilities is the water provider for Crescent Oaks. While the original source of the systems' water was exclusively well water, the growth of the system required the provider to obtain water from Mustang SUD to meet the system's demands. Monarch now purchases 100% of the water for the Crescent Oaks' system from Mustang. While Mustang's water rates are less expensive, the water rates charged to a Crescent Oaks resident are more expensive because Monarch's rates are system‐wide rates based on the costs of operating all of their water systems in Texas. While Monarch has previously indicated that they are not interested in selling the Crescent Oaks water system, Monarch Utilities' sale of the system to Mustang SUD would likely result in lower water rates for Crescent Oaks residents.

Justification:This project would likely benefit the citizens within the Crescent Oaks subdivision through lower water supply rates.

Challenges:This project involves several legal and legislative challenges.

Costs


$1,102,896Waterline 25530 LF of 6"

$1,196,208Waterline 13845 LF of 12"



Total $3,187,345

Page 61


Project: WT‐04

Hunters Ridge Estates Waterline Extension

Project Name: Hunters Ridge Estates Waterline Extension Project Type: Water



Project Description:Mustang SUD is the water provider for this area. When Hunters Ridge Estates was developed, the developer did not extend water service to the subdivision. Residents of Hunters Ridge Estates obtain their water from privately owned water wells. This project would extend a water line west from FM 720 along Martingale Trail.

Justification:This project would benefit the citizens of the Hunters Ridge Estates subdivision. Residents would pay for monthly water service based on the amount of water used, but maintenance of the system and maintenance costs would be the responsibility of the water provider.

Challenges:

Costs





Total $226,320

Page 62


Project: WT‐05

Dickson Lane and Sunset Cove Waterline Extension

Project Name: Dickson Lane and Sunset Cove Waterline Extension Project Type: Water



Project Description:Terra Southwest is the water provider for the area. Residents in these areas currently obtain their water from privately owned water wells. This project involves extending Terra Southwest water service to the Sunset Cove and Dickson Lane area.

Justification:This project will benefit the citizens of the Sunset Cove and Dickson Lane area. Residents would pay for monthly water service based on the amount of water used, but maintenance of the system and maintenance costs would be the responsibility of the water provider.

Challenges:Because water for Terra Southwest's system is produced from several local wells, it is currently unknown if Terra southwest has the capacity to serve these areas.

Costs






Total $1,018,992

Page 63

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14% 14% 14% 14% 14% 14% 14% 100%

17% 17% 17% 17% 17% 17% 0% 100%

25% 15% 20% 15% 20% 5% 0% 100%

20% 5% 15% 25% 5% 25% 5% 100%

Proj ID Project Name 1 2 3 4 1 2 3 4 1 2 3 4RD-09 Naylor Road Reconstruction 1 1 1 2 1 1 1 2 1 1 1 4

RD-05 Martingale Trail Reconstruction 2 2 2 6 2 2 2 6 2 2 2 6

RD-06 McCormick Road Reconstruction 4 4 3 7 4 4 3 7 6 4 3 7

RD-07 Martop Road Reconstruction 6 6 4 9 6 6 4 9 8 6 4 9

PK-01 Exercise Trail with Fitness Stations at Jake's Place 3 3 10 1 3 3 10 1 3 3 10 1

PK-02 Parks and Trails Land Acquisition 5 5 12 3 5 5 12 3 4 5 12 2

RD-18 Lakeshore Boulevard (Martingale to Max Bowden) Improvement 7 8 5 8 8 8 5 8 9 8 5 8

RD-20 Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement 9 9 7 10 9 9 7 10 10 9 7 10

RD-22 Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements 10 10 8 11 10 10 8 11 11 10 8 11

PK-04 Oak Point Boat Ramp Dock Replacement 8 7 16 4 7 7 16 4 5 7 16 3

RD-08 Shahan Prairie Road Reconstruction 12 13 9 13 13 13 9 13 12 13 9 13

PK-03 Oak Point Boat Ramp Improvements 12 12 28 5 11 12 28 5 7 12 28 5

WT-01 Fire flow for City 11 10 6 12 11 10 6 12 13 10 6 12

RD-02 Hilltown Roadway Improvements 14 14 11 16 14 14 11 16 14 14 11 14

RD-12 Eagles Landing Roadway Improvements 15 15 13 18 15 15 13 18 15 15 13 18

RD-13 Emerald Sound Roadway Improvements 15 15 13 18 15 15 13 18 15 15 13 18

RD-21 Emerald Sound Boulevard Improvements 17 17 13 17 17 17 13 17 17 17 13 17

RD-10 Crescent Oaks Beach Estates Unit I Roadway Improvements 18 18 17 20 18 18 17 20 18 18 17 20

RD-23 Eagles Landing Boulevard Improvements 21 21 19 21 21 21 19 21 20 21 19 21

RD-11 Crescent Oaks Beach Estates Unit II Roadway Improvements 20 20 18 22 20 20 18 22 19 20 18 22

RD-19 Bronco Trail Improvement 22 22 20 23 22 22 20 23 21 22 20 23

OT-03 Screening along Yacht Club Road 19 19 30 14 19 19 30 14 31 19 30 15

RD-15 McDaniel Drive Improvement 23 23 21 24 23 23 21 24 22 23 21 24

RD-16 Baycrest Drive Improvement 24 24 22 26 24 24 22 26 23 24 22 26

RD-04 Lonesome Dove Drive Improvement 29 29 29 32 29 29 29 32 28 29 29 32

RD-24 Aqua Marine Drive Improvements 26 26 23 25 26 26 23 25 25 26 23 25

RD-25 Corinthian Drive Improvements 28 28 26 27 28 28 26 27 27 28 26 27

RD-17 Crescent Drive Improvement 25 25 24 28 25 25 24 28 24 25 24 28

RD-14 Yacht Club Estates Roadway Improvements 27 26 25 29 27 26 25 29 25 26 25 29

RD-03 Cedar Pine Lane Improvement 31 31 30 31 31 31 30 31 30 31 30 31

RD-01 Winchester Lane Improvement 30 30 27 30 30 30 27 30 29 30 27 30

OT-05 Storm Sirens 32 32 32 15 32 32 32 15 32 32 32 16

SR-08 Future Sanitary Sewer Master Plan Improvements 36 36 36 39 36 36 36 39 34 36 36 39

OT-06 Extension of Natural Gas 33 33 33 34 33 33 33 34 35 33 33 34

SW-01 Crescent Oaks Drainage Improvements 35 35 34 36 35 35 34 36 33 35 34 35

SW-02 Hilltown Culvert Drainage Improvements 37 37 37 38 37 37 37 38 36 37 37 37

SW-03 Shahan Prairie Drainage Improvements 39 39 38 41 39 39 38 41 37 39 38 40

E&F-01 Equipment Shed for City 52 50 52 53 50 50 52 53 51 50 52 53

SR-01 Emerald Sound Sanitary Sewer Service Extension 42 40 41 42 40 40 41 42 38 40 41 42

SR-02 Eagles Landing Sanitary Sewer Service Extension 42 40 41 42 40 40 41 42 38 40 41 42

OT-02 Street Lighting 34 34 35 33 34 34 35 33 40 34 35 33

WT-03 Crescent Oaks Water Supply Transition 37 38 39 40 37 38 39 40 46 38 39 41

OT-01 Crescent Oaks Subdivision Street Lighting 40 42 40 37 40 42 40 37 47 42 40 38

WT-02 Fox Hollow/Shore Acres Waterline Extension 41 43 43 44 43 43 43 44 48 43 43 48

SR-07 Crescent Oaks Sanitary Sewer Service Extension 44 44 44 45 44 44 44 44 41 44 44 44

WT-04 Hunters Ridge Estates Waterline Extension 45 45 47 46 45 45 47 46 49 45 47 50

OT-04 School Bus Stop for Hilltown 51 52 45 35 52 52 45 35 52 52 45 36

WT-05 Dickson Lane and Sunset Cove Waterline Extension 46 49 50 50 49 49 50 50 50 49 50 51

SR-03 Shore Acres/Fox Hollow Sanitary Sewer Service Extension 47 47 48 47 46 47 48 48 42 47 48 46

SR-04 Yacht Club Estates Sanitary Sewer Service Extension 47 47 48 47 46 47 48 48 42 47 48 46

SR-05 Hilltown Sanitary Sewer Service Extension 49 46 46 47 46 46 46 47 42 46 46 45

SR-06 Dickson Lane and Sunset Cove Sanitary Sewer Service Extension 50 51 51 51 51 51 51 51 45 51 51 49

E&F-02 Dump Truck for City 53 54 54 54 54 54 54 54 54 54 54 54

E&F-03 City Wide Wi-Fi 53 53 53 52 53 53 53 52 53 53 53 52

CIPC w/ Staff Scores for

Criteria #7

Appendix B ‐ Round 1 Rankings

1 - Equal Weight w/ Criteria #72 - Equal Weight w/o Criteria #7

3 - Emphasis on Health and Public Safety4 - Emphasis on Quality of Life and Rec

CIPC Original Scores CIPC w/o Criteria #7

Page 64

Rank Project ID Project Name

1 RD-09 Naylor Road Reconstruction2 RD-05 Martingale Trail Reconstruction6 RD-06 McCormick Road Reconstruction8 RD-07 Martop Road Reconstruction9 RD-18 Lakeshore Boulevard (Martingale to Max Bowden) Improvement10 RD-20 Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement11 RD-22 Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements12 RD-08 Shahan Prairie Road Reconstruction14 RD-02 Hilltown Roadway Improvements15 RD-12 Eagles Landing Roadway Improvements15 RD-13 Emerald Sound Roadway Improvements17 RD-21 Emerald Sound Boulevard Improvements18 RD-10 Crescent Oaks Beach Estates Unit I Roadway Improvements19 RD-11 Crescent Oaks Beach Estates Unit II Roadway Improvements20 RD-23 Eagles Landing Boulevard Improvements21 RD-19 Bronco Trail Improvement22 RD-15 McDaniel Drive Improvement23 RD-16 Baycrest Drive Improvement24 RD-17 Crescent Drive Improvement25 RD-14 Yacht Club Estates Roadway Improvements25 RD-24 Aqua Marine Drive Improvements27 RD-25 Corinthian Drive Improvements28 RD-04 Lonesome Dove Drive Improvement29 RD-01 Winchester Lane Improvement30 RD-03 Cedar Pine Lane Improvement

3 PK-01 Exercise Trail with Fitness Stations at Jake's Place4 PK-02 Parks and Trails Land Acquisition5 PK-04 Oak Point Boat Ramp Dock Replacement7 PK-03 Oak Point Boat Ramp Improvements

13 WT-01 Fire flow for City46 WT-03 Crescent Oaks Water Supply Transition48 WT-02 Fox Hollow/Shore Acres Waterline Extension49 WT-04 Hunters Ridge Estates Waterline Extension50 WT-05 Dickson Lane and Sunset Cove Waterline Extension

31 OT-03 Screening along Yacht Club Road32 OT-05 Storm Sirens35 OT-06 Extension of Natural Gas40 OT-02 Street Lighting47 OT-01 Crescent Oaks Subdivision Street Lighting52 OT-04 School Bus Stop for Hilltown

33 SW-01 Crescent Oaks Drainage Improvements36 SW-02 Hilltown Culvert Drainage Improvements37 SW-03 Shahan Prairie Drainage Improvements

34 SR-08 Future Sanitary Sewer Master Plan Improvements38 SR-01 Emerald Sound Sanitary Sewer Service Extension38 SR-02 Eagles Landing Sanitary Sewer Service Extension41 SR-07 Crescent Oaks Sanitary Sewer Service Extension42 SR-03 Shore Acres/Fox Hollow Sanitary Sewer Service Extension42 SR-04 Yacht Club Estates Sanitary Sewer Service Extension42 SR-05 Hilltown Sanitary Sewer Service Extension45 SR-06 Dickson Lane and Sunset Cove Sanitary Sewer Service Extension

51 E&F-01 Equipment Shed for City53 E&F-03 City Wide Wi-Fi54 E&F-02 Dump Truck for City

Sewer

Stormwater

Equipment & Facilities

Water

Parks

Other

Roadways

Appendix C ‐ Round 2 Rankings

Page 65

Project ID Project NameRank 1-30 High Priority Projects

1 RD-09 Naylor Road Reconstruction2 RD-06 McCormick Road Reconstruction3 RD-07 Martop Road Reconstruction4 RD-20 Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement*5 RD-14 Yacht Club Estates Roadway Improvements6 RD-22 Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements*7 RD-05 Martingale Trail Reconstruction8 RD-03 Cedar Pine Lane Improvement9 RD-16 Baycrest Drive Improvement*10 RD-18 Lakeshore Boulevard (Martingale to Max Bowden) Improvement*11 RD-19 Bronco Trail Improvement*12 RD-15 McDaniel Drive Improvement13 RD-17 Crescent Drive Improvement*14 RD-08 Shahan Prairie Road Reconstruction15 RD-01 Winchester Lane Improvement16 RD-04 Lonesome Dove Drive Improvement17 RD-02 Hilltown Roadway Improvements18 RD-25 Corinthian Drive Improvements19 RD-23 Eagles Landing Boulevard Improvements***20 RD-21 Emerald Sound Boulevard Improvements**21 SW-02 Hilltown Culvert Drainage Improvements22 E&F-01 Equipment Shed for City23 OT-03 Screening along Yacht Club Road24 RD-24 Aqua Marine Drive Improvements**25 SW-01 Crescent Oaks Drainage Improvements26 SW-03 Shahan Prairie Drainage Improvements27 RD-10 Crescent Oaks Beach Estates Unit I Roadway Improvements*28 RD-13 Emerald Sound Roadway Improvements**29 RD-12 Eagles Landing Roadway Improvements***30 RD-11 Crescent Oaks Beach Estates Unit II Roadway Improvements*

Rank 1‐4 Park Projects1 PK-03 Oak Point Boat Ramp Improvements2 PK-04 Oak Point Boat Ramp Dock Replacement3 PK-02 Parks and Trails Land Acquisition4 PK-01 Exercise Trail with Fitness Stations at Jake's Place

Appendix D ‐ Round 3 Rankings

Page 66

Rank High Priority Projects1 Lakeshore Boulevard (Martingale to Max Bowden) Improvement2 Cedar Pine Lane Improvement3 Baycrest Drive Improvement4 Bronco Trail Improvement5 McDaniel Drive Improvement6 Crescent Drive Improvement7 Winchester Lane Improvement8 Lonesome Dove Drive Improvement9 Hilltown Culvert Drainage Improvements10 Hilltown Roadway Improvements11 Crescent Oaks Drainage Improvements12 Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement13 Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements14 Naylor Road Reconstruction15 McCormick Road Reconstruction16 Martop Road Reconstruction17 Yacht Club Estates Roadway Improvements18 Corinthian Drive Improvements19 Eagles Landing Boulevard Improvements20 Emerald Sound Boulevard Improvements21 Equipment Shed for City22 Aqua Marine Drive Improvements23 Crescent Oaks Beach Estates Unit I Roadway Improvements24 Emerald Sound Roadway Improvements25 Eagles Landing Roadway Improvements26 Crescent Oaks Beach Estates Unit II Roadway Improvements27 Martingale Trail Reconstruction28 Shahan Prairie Road Reconstruction29 Shahan Prairie Drainage Improvements

Rank Park Projects1 Jake’s Place Fencing2 Oak Point Boat Ramp Improvements3 Oak Point Boat Ramp Dock Replacement4 Screening along Yacht Club Road (with trail)5 Parks and Trails Land Acquisition6 Exercise Trail with Fitness Stations at Jake's Place

Appendix E ‐ Round 4 Rankings (Final)

KeyReconstruction or expansions of major thoroughfares or collectors (colored in red)

Projects involving upgrading substandard roads from dirt or crushed rock to asphalt or concrete improvements (colored in brown)

Reconstructing or overlaying existing asphalt roads (colored in orange)

Drainage projects (colored in blue)

Reconstruction or overlay of local streets within entire subdivisions (colored in dark green)

Page 67

CITY OF OAK POINT, TEXAS

Illustrative Debt Service - 1 Cent Tax Rate Capacity

I&S Tax

Fiscal Taxable TAV I&S Tax Rate ImpactYear Assessed Growth Rate @ 2014

End Valuation(1)Rate Principal Interest Total P+I Impact(2) TAV (2)

2014 269,614,338$ 2015 275,006,625 2% 15,000$ 12,063$ 27,063$ 0.010$ 0.010$ 2016 280,506,757 2% 10,000 18,850 28,850 0.011 0.011 2017 286,116,892 2% 10,000 18,550 28,550 0.010 0.011 2018 291,839,230 2% 10,000 18,250 28,250 0.010 0.011

2019 297,676,015 2% 15,000 17,850 32,850 0.011 0.013 2020 303,629,535 2% 10,000 17,250 27,250 0.009 0.010 2021 309,702,126 2% 15,000 16,850 31,850 0.011 0.012 2022 315,896,168 2% 15,000 16,250 31,250 0.010 0.012 2023 322,214,092 2% 15,000 15,500 30,500 0.010 0.012

2024 328,658,374 2% 15,000 14,750 29,750 0.009 0.011 2025 335,231,541 2% 15,000 14,000 29,000 0.009 0.011 2026 341,936,172 2% 20,000 13,250 33,250 0.010 0.013 2027 348,774,895 2% 25,000 12,250 37,250 0.011 0.014 2028 355,750,393 2% 25,000 11,000 36,000 0.010 0.014

2029 362,865,401 2% 25,000 9,750 34,750 0.010 0.013 2030 370,122,709 2% 30,000 8,500 38,500 0.011 0.015 2031 377,525,163 2% 30,000 7,000 37,000 0.010 0.014 2032 385,075,667 2% 35,000 5,500 40,500 0.011 0.015 2033 392,777,180 2% 35,000 3,750 38,750 0.010 0.015

2034 400,632,723 2% 40,000 2,000 42,000 0.011 0.016

410,000$ 253,163$ 663,163$

(1) 2014 TAV per City Staff. Assumed to grow based on the TAV growth rate. 0.010$ (2) Based on 97% collections.

Series 2014 - 20 YearsBank Qualified Insured "A" as of October 8, 2013 + 0.75%

Avg. Annual Tax Rate

Page 68

mdm

Text Box

Appendix F



I&S Tax



2014 269,614,338$ 2015 275,006,625 2% 70,000$ 58,906$ 128,906$ 0.048$ 0.049$ 2016 280,506,757 2% 50,000 92,150 142,150 0.052 0.054 2017 286,116,892 2% 50,000 90,650 140,650 0.051 0.054 2018 291,839,230 2% 50,000 89,150 139,150 0.049 0.053

2019 297,676,015 2% 55,000 87,150 142,150 0.049 0.054 2020 303,629,535 2% 65,000 84,950 149,950 0.051 0.057 2021 309,702,126 2% 65,000 82,350 147,350 0.049 0.056 2022 315,896,168 2% 70,000 79,750 149,750 0.049 0.057 2023 322,214,092 2% 80,000 76,250 156,250 0.050 0.060

2024 328,658,374 2% 85,000 72,250 157,250 0.049 0.060 2025 335,231,541 2% 100,000 68,000 168,000 0.052 0.064 2026 341,936,172 2% 95,000 63,000 158,000 0.048 0.060 2027 348,774,895 2% 110,000 58,250 168,250 0.050 0.064 2028 355,750,393 2% 115,000 52,750 167,750 0.049 0.064

2029 362,865,401 2% 125,000 47,000 172,000 0.049 0.066 2030 370,122,709 2% 140,000 40,750 180,750 0.050 0.069 2031 377,525,163 2% 150,000 33,750 183,750 0.050 0.070 2032 385,075,667 2% 160,000 26,250 186,250 0.050 0.071 2033 392,777,180 2% 170,000 18,250 188,250 0.049 0.072

2034 400,632,723 2% 195,000 9,750 204,750 0.053 0.078

2,000,000$ 1,231,306$ 3,231,306$




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I&S Tax



2014 269,614,338$ 2015 275,006,625 2% 145,000$ 117,969$ 262,969$ 0.099$ 0.101$ 2016 280,506,757 2% 85,000 184,400 269,400 0.099 0.103 2017 286,116,892 2% 95,000 181,850 276,850 0.100 0.106 2018 291,839,230 2% 105,000 179,000 284,000 0.100 0.109

2019 297,676,015 2% 110,000 174,800 284,800 0.099 0.109 2020 303,629,535 2% 125,000 170,400 295,400 0.100 0.113 2021 309,702,126 2% 135,000 165,400 300,400 0.100 0.115 2022 315,896,168 2% 140,000 160,000 300,000 0.098 0.115 2023 322,214,092 2% 160,000 153,000 313,000 0.100 0.120

2024 328,658,374 2% 175,000 145,000 320,000 0.100 0.122 2025 335,231,541 2% 185,000 136,250 321,250 0.099 0.123 2026 341,936,172 2% 210,000 127,000 337,000 0.102 0.129 2027 348,774,895 2% 220,000 116,500 336,500 0.099 0.129 2028 355,750,393 2% 240,000 105,500 345,500 0.100 0.132

2029 362,865,401 2% 260,000 93,500 353,500 0.100 0.135 2030 370,122,709 2% 275,000 80,500 355,500 0.099 0.136 2031 377,525,163 2% 295,000 66,750 361,750 0.099 0.138 2032 385,075,667 2% 325,000 52,000 377,000 0.101 0.144 2033 392,777,180 2% 345,000 35,750 380,750 0.100 0.146

2034 400,632,723 2% 370,000 18,500 388,500 0.100 0.149

4,000,000$ 2,464,069$ 6,464,069$




Page 70


Illustrative Debt Service - 12.5 Cent Tax Rate Capacity

I&S Tax



2014 269,614,338$ 2015 275,006,625 2% 180,000$ 147,406$ 327,406$ 0.123$ 0.125$ 2016 280,506,757 2% 110,000 230,450 340,450 0.125 0.130 2017 286,116,892 2% 120,000 227,150 347,150 0.125 0.133 2018 291,839,230 2% 130,000 223,550 353,550 0.125 0.135

2019 297,676,015 2% 140,000 218,350 358,350 0.124 0.137 2020 303,629,535 2% 155,000 212,750 367,750 0.125 0.141 2021 309,702,126 2% 170,000 206,550 376,550 0.125 0.144 2022 315,896,168 2% 180,000 199,750 379,750 0.124 0.145 2023 322,214,092 2% 200,000 190,750 390,750 0.125 0.149

2024 328,658,374 2% 215,000 180,750 395,750 0.124 0.151 2025 335,231,541 2% 235,000 170,000 405,000 0.125 0.155 2026 341,936,172 2% 255,000 158,250 413,250 0.125 0.158 2027 348,774,895 2% 275,000 145,500 420,500 0.124 0.161 2028 355,750,393 2% 300,000 131,750 431,750 0.125 0.165

2029 362,865,401 2% 320,000 116,750 436,750 0.124 0.167 2030 370,122,709 2% 345,000 100,750 445,750 0.124 0.170 2031 377,525,163 2% 375,000 83,500 458,500 0.125 0.175 2032 385,075,667 2% 400,000 64,750 464,750 0.124 0.178 2033 392,777,180 2% 430,000 44,750 474,750 0.125 0.182

2034 400,632,723 2% 465,000 23,250 488,250 0.126 0.187

5,000,000$ 3,076,706$ 8,076,706$




Page 71

Project Name Estimated Cost Range* 2015‐2016 2016‐2017 2017‐2018 2018‐2019 2019‐2020

Lakeshore Boulevard (Martingale to Max Bowden) Improvement $187,976 ‐ $805,613 187,976.00$

Cedar Pine Lane Improvement $14,880 ‐ $279,000 14,880.00$

Baycrest Drive Improvement $3,720 ‐ $69,750 3,720.00$

Bronco Trail Improvement $153,256 ‐ $656,813 153,256.00$

McDaniel Drive Improvement $10,850 ‐ $46,500 10,850.00$

Crescent Drive Improvement $3,720 ‐ $69,750 3,720.00$

Winchester Lane Improvement $33,480 ‐ $627,750 33,480.00$

Lonesome Dove Drive Improvement $24,413 ‐ $104,625 24,413.00$

Hilltown Culvert Drainage Improvements $85,000.00 85,000.00$

Hilltown Roadway Improvements $518,088 ‐ $2,220,375

Crescent Oaks Drainage Improvements $126,000.00 126,000.00$

Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement $279,930 ‐ $1,199,700

Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements $124,775 ‐ $534,750 124,775.00$

Naylor Road Reconstruction $118,265 ‐ 1,081,280

McCormick Road Reconstruction $260,400 ‐ $3,645,600

Martop Road Reconstruction $244,125 ‐ $3,417,750

Yacht Club Estates Roadway Improvements $233,275 ‐ $999,750

Corinthian Drive Improvements $23,870 ‐ $102,300 23,870.00$

Eagles Landing Boulevard Improvements $244,125 ‐ $1,046,250

Emerald Sound Boulevard Improvements $404,163 ‐ $1,732,125

Equipment Shed for City $396,164.85

Aqua Marine Drive Improvements $237,073 ‐ $1,016,025

Crescent Oaks Beach Estates Unit I Roadway Improvements $756,788 ‐ $3,243,375

Emerald Sound Roadway Improvements $1,454,713 ‐ $6,234,488

Eagles Landing Roadway Improvements $613,839 ‐ $2,630,738

Crescent Oaks Beach Estates Unit II Roadway Improvements $600,819 ‐ $2,574,938

Martingale Trail Reconstruction $113,925 ‐ $976,500

Shahan Prairie Road Reconstruction $210,490 ‐ $2,946,860

Shahan Prairie Drainage Improvements $42,000.00

Current Available Funding (City Funds) 650,000.00$

Carry Over from previous year(s) 160,448.00$ 56,705.00$ 82,835.00$ 8,060.00$

Additional Annual Revenue (Transfer from General Fund) 50,000.00$ 50,000.00$ 50,000.00$ 50,000.00$

Total Available Funding 650,000.00$ 210,448.00$ 106,705.00$ 132,835.00$ 58,060.00$ Total Cost for Year 489,552.00$ 153,743.00$ 23,870.00$ 124,775.00$ ‐$

Jake’s Place Fencing $20,000.00 20,000.00$

Oak Point Boat Ramp Improvements $121,938.00 $ 121,938.00 Oak Point Boat Ramp Dock Replacement $197,218.00Screening along Yacht Club Road (with trail) $105,795.00

Parks and Trails Land Acquisition $80,000.00

Exercise Trail with Fitness Stations at Jake's Place $119,200.00

Current Available Funding (Park Funds) 95,000.00$


Additional Annual Revenue (Park Fees) 20,000.00$ 20,000.00$ 20,000.00$ 20,000.00$

Available Funding 95,000.00$ 95,000.00$ 115,000.00$ 135,000.00$ 33,062.00$ Total Cost for Year 20,000.00$ ‐$ ‐$ 121,938.00$ ‐$

Total Available Funds 745,000.00$ 305,448.00$ 221,705.00$ 267,835.00$ 91,122.00$ Total Funds Spent 509,552.00$ 153,743.00$ 23,870.00$ 246,713.00$ ‐$

* Please note the lower end of the cost range is being used for the analysis

Appendix G ‐ Funding Option 1(Currently Available City Funds)

HIGH PRIORITY PROJECTS

PARK PROJECTS

Page 72


Lakeshore Boulevard (Martingale to Max Bowden) Improvement $187,976 ‐ $805,613 187,976.00$


Baycrest Drive Improvement $3,720 ‐ $69,750 3,720.00$

Bronco Trail Improvement $153,256 ‐ $656,813 153,256.00$


Crescent Drive Improvement $3,720 ‐ $69,750 3,720.00$



Hilltown Culvert Drainage Improvements $85,000.00

Hilltown Roadway Improvements $518,088 ‐ $2,220,375


Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement $279,930 ‐ $1,199,700

Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements $124,775 ‐ $534,750 124,775.00$

Naylor Road Reconstruction $118,265 ‐ 1,081,280 118,265.00$

McCormick Road Reconstruction $260,400 ‐ $3,645,600 260,400.00$

Martop Road Reconstruction $244,125 ‐ $3,417,750


Corinthian Drive Improvements $23,870 ‐ $102,300




Aqua Marine Drive Improvements $237,073 ‐ $1,016,025

Crescent Oaks Beach Estates Unit I Roadway Improvements $756,788 ‐ $3,243,375



Crescent Oaks Beach Estates Unit II Roadway Improvements $600,819 ‐ $2,574,938

Martingale Trail Reconstruction $113,925 ‐ $976,500 113,925.00$






Additional Annual Revenue (Roadway Impact Fee) 50,000.00$ 50,000.00$ 50,000.00$ 50,000.00$

Additional Annual Revenue (Stormwater Utility Fee) 50,000.00$ 50,000.00$ 50,000.00$ 50,000.00$

Total Available Funding 650,000.00$ 311,673.00$ 274,665.00$ 164,265.00$ 188,265.00$ Total Cost for Year 488,327.00$ 187,008.00$ 260,400.00$ 126,000.00$ 113,925.00$


Oak Point Boat Ramp Improvements $121,938.00 $ 121,938.00

Oak Point Boat Ramp Dock Replacement $197,218.00

Screening along Yacht Club Road (with trail) $105,795.00







Total Available Funds 745,000.00$ 406,673.00$ 389,665.00$ 299,265.00$ 221,327.00$ Total Funds Spent 508,327.00$ 187,008.00$ 260,400.00$ 247,938.00$ 113,925.00$


Appendix H ‐ Funding Option 2(Option 1 Funds + Additional Revenue from Impact Fees and Stormwater Utility Fees)


PARK PROJECTS

Page 73


Lakeshore Boulevard (Martingale to Max Bowden) Improvement $187,976 ‐ $805,613 NA**


Baycrest Drive Improvement $3,720 ‐ $69,750 NA**

Bronco Trail Improvement $153,256 ‐ $656,813 NA**


Crescent Drive Improvement $3,720 ‐ $69,750 NA**




Hilltown Roadway Improvements $518,088 ‐ $2,220,375 518,088.00$


Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement $279,930 ‐ $1,199,700 NA**

Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements $124,775 ‐ $534,750 NA**



Martop Road Reconstruction $244,125 ‐ $3,417,750 244,125.00$






Aqua Marine Drive Improvements $237,073 ‐ $1,016,025 237,073.00$

Crescent Oaks Beach Estates Unit I Roadway Improvements $756,788 ‐ $3,243,375 756,788.00$



Crescent Oaks Beach Estates Unit II Roadway Improvements $600,819 ‐ $2,574,938 600,819.00$





General Obligation Bond of $2M ($30,000 transferred to Park Projects) 1,970,000.00$

Carry Over from previous year(s) 1,052,770.00$ 221,017.00$ 103,022.00$ 15,949.00$




Total Available Funding 2,620,000.00$ 1,202,770.00$ 371,017.00$ 253,022.00$ 165,949.00$ Total Cost for Year 1,567,230.00$ 981,753.00$ 267,995.00$ 237,073.00$ 113,925.00$


Oak Point Boat Ramp Improvements $121,938.00 121,938.00$

Oak Point Boat Ramp Dock Replacement $197,218.00





General Obligation Bond of $2M ($30,000 transferred from High Priority Projects) 30,000.00$



Available Funding 125,000.00$ 125,000.00$ 23,062.00$ 43,062.00$ 63,062.00$ Total Cost for Year 20,000.00$ 121,938.00$ ‐$ ‐$ ‐$

Total Available Funds 2,745,000.00$ 1,327,770.00$ 394,079.00$ 296,084.00$ 229,011.00$ Total Funds Spent 1,587,230.00$ 1,103,691.00$ 267,995.00$ 237,073.00$ 113,925.00$


**These roads are NA because they are included in Crescent Oaks Beach Estates Unit I and II Roadway Improvement Projects

Appendix I ‐ Funding Option 3(Options 1 & 2 + Present a $2M General Obligation Bond to the Voters for Approval)


PARK PROJECTS

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Lakeshore Boulevard (Martingale to Max Bowden) Improvement $187,976 ‐ $805,613 NA**


Baycrest Drive Improvement $3,720 ‐ $69,750 NA**

Bronco Trail Improvement $153,256 ‐ $656,813 NA**


Crescent Drive Improvement $3,720 ‐ $69,750 NA**




Hilltown Roadway Improvements $518,088 ‐ $2,220,375 518,088.00$


Lakeshore Boulevard (Yacht Club Road to Martingale) Improvement $279,930 ‐ $1,199,700 NA**

Martingale Trail (Yacht Club Road to Lakeshore Boulevard) Improvements $124,775 ‐ $534,750 NA**



Martop Road Reconstruction $244,125 ‐ $3,417,750 244,125.00$

Yacht Club Estates Roadway Improvements $233,275 ‐ $999,750 233,275.00$


Eagles Landing Boulevard Improvements $244,125 ‐ $1,046,250 244,125.00$

Emerald Sound Boulevard Improvements $404,163 ‐ $1,732,125 404,163.00$

Equipment Shed for City $396,164.85 396,164.85$

Aqua Marine Drive Improvements $237,073 ‐ $1,016,025 237,073.00$

Crescent Oaks Beach Estates Unit I Roadway Improvements $756,788 ‐ $3,243,375 756,788.00$


Eagles Landing Roadway Improvements $613,839 ‐ $2,630,738 613,839.00$

Crescent Oaks Beach Estates Unit II Roadway Improvements $600,819 ‐ $2,574,938 600,819.00$





General Obligation Bond of $4M ($190,000 transferred to Park Projects) 3,810,000.00$

Carry Over from previous year(s) 2,892,770.00$ 1,559,747.00$ 832,384.15$ 464,296.15$




Total Available Funding 4,460,000.00$ 3,042,770.00$ 1,709,747.00$ 982,384.15$ 614,296.15$ Total Cost for Year 1,567,230.00$ 1,483,023.00$ 877,362.85$ 518,088.00$ 613,839.00$


Oak Point Boat Ramp Improvements $121,938.00 121,938.00$

Oak Point Boat Ramp Dock Replacement $197,218.00 197,218.00$





General Obligation Bond of $4M ($190,000 transferred from High Priority Projects) 190,000.00$




Total Available Funds 4,745,000.00$ 3,205,832.00$ 1,892,809.00$ 1,185,446.15$ 640,140.15$ Total Funds Spent 1,709,168.00$ 1,483,023.00$ 877,362.85$ 715,306.00$ 613,839.00$


**These roads are NA because they are included in Crescent Oaks Beach Estates Unit I and II Roadway Improvement Projects

Appendix J ‐ Funding Option 4(Options 1 & 2 + Present a $4M General Obligation Bond to the Voters for Approval)


PARK PROJECTS

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