15-R-13 - Semiannual Capital Improvements ReportVON 1 M11"I'=1 monsoons t
WHEREAS, the Capital Improvements Advisory Committee has reviewed the revenue
and expenditures relating to the established Capital Recovery Fees in accordance with the
Capital Improvements Plan for the City of Schertz; and
WHEREAS, the City Council accepts the Semiannual Report as filed by the Capital
Improvements Advisory Committee in accordance with Texas Local Government Code Chapter
395; then
'N
THAT:
Section 1. The City Council hereby accepts the draft minutes of the January 28, 2015
City of Schertz Capital Improvements Advisory Committee as shown in the attached Exhibit A,
and the Capital Recovery Balance Report with respect to the progress of the Capital
Improvements Plan for the City of Schertz, Texas for the period of April 1, 2014 through
September 30, 2014 as shown in the attached Exhibit B.
Section 2. The recitals contained in the preamble hereof are hereby found to be true,
and such recitals are hereby made a part of this Resolution for all purposes and are adopted as a
part of the judgment and findings of the City Council.
Section 3. All resolutions, or parts thereof, which are in conflict or inconsistent with
any provision of this Resolution are hereby repealed to the extent of such conflict, and the
provisions of this Resolution shall be and remain controlling as to the matters resolved herein.
Section 4. This Resolution shall be construed and enforced in accordance with the
laws of the State of Texas and the United States of America.
Section 5. If any provision of this Resolution or the application thereof to any person
or circumstance shall be held to be invalid, the remainder of this Resolution and the application
of such provision to other persons and circumstances shall nevertheless be valid, and the City
Council hereby declares that this Resolution would have been enacted without such invalid
provision.
Section 6. It is officially found, determined, and declared that the meeting at which
this Resolution is adopted was open to the public and public notice of the time, place, and subject
matter of the public business to be considered at such meeting, including this Resolution, was
given, all as required by Chapter 551, Texas Government Code, as amended.
Section 7. This Resolution shall be in force and effect from and after its final
passage, and it is so resolved.
PASSED AND ADOPTED, this 17'h day of February, 2015.
CITY OF S Z, TEXAS
Michael R. Carpenter, Mayor
ATTEST:
13r6-ida Dennis, City Secretary
(CITY SEAL)
EXHIBIT A
10.14 111 .11a
Apr 1, 2014 to Sept 30, 2014
Beginning Impact Fee Balance
Revenues:
Expenses:
Impact Fees'
Interest Earned 2
Investments Income 3
Capital One - Investment Income 4
Legal Sevices 5
Auditor /Accounting Services 6
Investment Mgt Fee - Sewer 7
South East Quad Elevated Tank 8
S. Reg Reclamation Plant - Pre- Design 9
Total Revenue Over /(Under) Expense
Ending Impact Fee Balance
IMPACTS FEES * * * * * * * * * *****
Water
Sewer
Total
4,519,502.99
3,698,280.82
8,217,783.81
298,620.10
139,445.16
438,065.26
274.98
174.99
449.97
2,641.21
1,038.22
3,679.43
0.00
5,401.63
5,401.63
(58.50)
0.00
(58.50)
(1,000.00)
(1,000.00)
(2,000.00)
0.00
(2,148.01)
(2,148.01)
6.77
0,00
6.77
0.00
6,042.30
6,042.30
300,484.56 148,954.29 449,438.85
4,819,987.55 3,847,235.11 8,667,222.66
Impact Fees collected between Apr 1, 2014 through Sept 30, 2014
2 Bank interest collected between Apr 1, 2014 through Sept 30, 2014. Based on ending bank cash balance.
3 Investment Income collected between Apr 1, 2014 through Sept 30, 2014
Water and Sewer have separate investment accounts.
4 Investment Income from the Capital One investment for Sewer recorded between Apr, 1 2014
through Sept 30, 2014.
s Charges for Legal Services ( Denton, Navarro, Rocha, bernal Hyde & Zech ) between
Apr 1, 2014 through Sept 30, 2014. To review and analyze as to form and legality MSAs for SSLGC.
6 Auditor Services charged for preparation of Financial Statements.
7 Investment Management Fee charged on the Capital One Investment for Capital Recovery
Sewer Fund.
s Moved costs on the South East Quad. Elevated Tank to Fund 406.
Postage: Certified Mail for TCEQ for the SE Quad Elevated Tank.
s Design costs from CCMA Authority for South Regional Water Reclamation Plant moved to Fund 406.
Capital Improvements Advisory Committee
Minutes
January 28, 2015
The Capital Improvements Advisory Committee convened on Wednesday, January 28, 2015 at 6:00 P.M. in the
Council Chambers, 1400 Schertz Parkway, Bldg. 4 Schertz, Texas.
Members Present:
Richard Braud
Bert Crawford
Ken Greenwald
David Richmond
Ernie Evans
Tim Brown
Members Absent:
Christian Glombik
Michael Dahle
Dr. Mark Penshorn
Staff Present:
Brian James, Executive Director of
Michelle Sanchez, Director of Devf
Lesa Wood, Senior Planner
Juan Santoya, Finance Director
Robert Galindo, Assistant Finance ]
Patti White, Executive Assistant D€
1.
2
Call to order at 6:00 p.m. by
Hold a public hearing, consic
September 30, 2014 evalu
Improvements Program, and
capital recovery fees.
stated that a quorum was present.
file a semiannual report from April 1, 2014 through
the progress of the City of Schertz on achieving the Capital
fying any problems in implementing the plans or administering the
Mr. Richmond recognized Mr'. Galindo, who stated that this report shows six (6) months for the period
from April 1, 2014 through September 30, 2014.
Apr 1, 2014 to Sept 30, 2014
Beginning Impact Fee Balance
Revenues:
Expenses:
Impact Fees'
Interest Earned 2
Investments Income 3
Capital One - Investment Income a
IMPACTS FEES
Water Sewer Total
4,519,502.99 3,698,280.82 8,217,783.81
298,620.10
274.98
2,641.21
0.00
139,445.16
174.99
1,03 8.22
5,401.63
438,065.26
449.97
3,679.43
5,401.63
Legal Services 5
(58.50)
Auditor /Accounting Services 6
(1,000.00)
Investment Mgt Fee - Sewer 7
0.00
South East Quad Elevated Tanks
6.77
S. Reg Reclamation Plant - Pre - Design 9
0.00
Total Revenue Over /(Under) Expense
300,484.56
Ending Impact Fee Balance 4,819,987.55
Mr. Richmond opened the Public Hearing at 6:05 P.M. Then
was closed at 6:06 P.M.
Mr. Richmond stated that the work that Staff has doi
current and understood is to be commended. Mr. Gr
from sewer and water. Mr. Galindo stated that it is
way to lower the investment charge vs. the investme
meeting in April with the Capital One investment
options.
Mr. Greenwald moved to accept and to forward this
seconded the motion. Vote was 6 -0. Motion carried
5. Adjournment: Mr
Chairman, C
Recording S
ourned
0.00
(1,000.00)
(2,148.01)
0.00
6,042.30
148,954.29
(58.50)
(2,000.00)
(2,148.01)
6.77
6,042.30
449.438.85
3,847,235.11 8, 667,222.66
no one to speak, the Public Hearing
ie' over the past year to bring Capital Improvements
- enwald asked if the Investment Management Fee is
strictly sewer. Mr. Crawford asked if there is any
-it income. Mr. Galindo stated that Staff will have a
team, and they will '`look at the charges and other
City Council as presented. Mr. Crawford