The URL can be used to link to this page

Home My WebLink About3504Ordinance No. 3504 ["Beginning July 1, 1998"] (Amending or Repealing Ordinances) Amends Ord. 3222 ORDINANCE NO. 350 1f AN ORDINANCE of the City Council of the City of Kent, Washington, amending the City of Kent Comprehensive Plan to change the plan's land use map designations of five (5) parcels of property as follows: (1) from Single -Family Residential (SF -8) to Low Density Multifamily Residential (LDMF) for property located at 25835 — 116th Avenue SE (CPA -99-3(B)); (2) from Single - Family Residential (SF -3) to Single -Family Residential (SF -6) for property located at 13602 SE 282nd Street (CPA -99-3(C)); (3) from Single -Family Residential (SF -3) to Single Family Residential (SF - 6) for property located at 27842 and 27854 132nd Avenue SE (CPA - 99 -3(G)); (4) from Mixed Use Limited Multifamily (MU -R) to Low Density Multifamily Residential (LDMF) for property located at the southeast corner of 102nd Avenue SE and SE 23e Street (CPA -99- 3(H)); (5) from Single -Family Residential (SF -8) to Low Density Multifamily Residential (LDMF) for property located in the 27000 block of 132nd Avenue SE (CPA -99-3(1)); and further to amend the Capital Facilities Element of the Comprehensive Plan (CPA -99- 3Q). WHEREAS, the Washington State Growth Management Act ("GMA") requires internal consistency among comprehensive plan elements and the plans from other jurisdictions; and WHEREAS, to assure that comprehensive plans remain relevant and up date, the GMA requires each jurisdiction to establish procedures whereby amendments to the plan are considered by the City Council (RCW 36.70A.130(2)), and limits amendments to once each year unless an emergency exists; and 1999 Comprehensive Plan Amendments WHEREAS, the City of Kent has established a procedure for amending the Comprehensive Plan set forth in Chapter 12.02 of the Kent City Code which sets a deadline of September 1 st of each year for acceptance of comprehensive plan amendments; and WHEREAS, by September 1, 1999, the City received applications to amend the comprehensive plan's land use plan map designation. Seven of those applications involve parcels located at: (1) 25835 — 116d' Avenue SE (CPA -99-3(B)); (2) 13602 SE 282nd Street (CPA -99-3(C)); (3) 27842 and 27854 —132nd Avenue SE (CPA -99-3(G)); (4) the southeast comer of 102nd SE and 236h Street (CPA -99-3(H)); (5) the 27000 block of 132nd Avenue SE (CPA -99-3(n); (6) 14845 SE 26e Street (CPA -99-3(A)); and O 24039 —146d' Place S.E. (CPA -99-3(D)); and WHEREAS, the parcel at 25835 — 116d' Avenue SE is currently designated Single -Family Residential (SF -8), and the applicants are requesting a plan designation of Low Density Multifamily Residential (LDMF) (CPA -99-3(B)); and WHEREAS, the parcel at 13602 SE 282nd Street is currently designated Single -Family Residential (SF -3), and the applicants are requesting a plan designation of Single -Family Residential (SF -6) (CPA -99-3(C)); and WHEREAS, the parcel at 27842 and 27854 — 132' Avenue SE is currently designated Single -Family Residential (SF -3), and the applicants are requesting a plan designation of Single -Family Residential (SF -6) (CPA -99-3(G)); and WHEREAS, the parcel at the southeast comer of 102nd Avenue SE and 236"' Street is currently designated Mixed Use Limited Multifamily (MU -R), and the applicants are requesting a plan designation of Low Density Multifamily Residential (LDMF) (CPA -99-3(H)); and 2 1999 Comprehensive Plan Amendments WHEREAS, the parcel at the 2700 block of 132nd Avenue SE is currently designated Single Family Residential (SF -8), and the applicants are requesting a plan designation of Low Density Multifamily Residential (LDMF) (CPA -99-3(f)); and WHEREAS, the parcel at 14845 SE 264`h Street is currently designated Single -Family Residential (SF -1), and the applicants are requesting a plan designation of Single -Family Residential (SF -3) (CPA -99-3(A)); and WHEREAS, the parcel located at 24039 — 146th Place SE is currently designated Single -Family Residential (SF -1), and the applicants are requesting a plan designation of Single-family Residential (SF -6) (CPA -99-3(D)); and WHEREAS, the City of Kent Finance Department has submitted proposed amendments to the Capital Facilities Element of the comprehensive plan to update capital facilities inventories, financial information, and project summaries; and WHEREAS, the staff presented the requested comprehensive plan amendments for consideration by the City of Kent's Land Use and Planning Board on November 22 and 29, 1999; and WHEREAS, the City of Kent Land Use and Planning Board held two public hearings on the proposed comprehensive plan amendment on November 22 and 29, 1999; and WHEREAS, the proposed amendments are consistent with the standards of review for comprehensive plan amendments outlined in Section 12.02.050 of the Kent City Code; and 1999 Comprehensive Plan Amendments WHEREAS, the City of Kent Land Use and Planning Board took public testimony, reviewed the proposed comprehensive plan amendments, and moved to recommend the approval of the amendments of the comprehensive plan designations for CPA -99-3(B), CPA -99-3(C), CPA -99-3(H), and CPA -99-3(f); and that the proposed comprehensive plan designations for CPA -99-3(A), CPA -99-3(D), and CPA -99-3(G), be denied; and further that the Capital Facilities Amendments be forwarded to the full City Council without recommendation; and WHEREAS, the City Council for the City of Kent approved the recommendation of the comprehensive plan amendment CPA -99-3(B) to amend the comprehensive plan designation of a parcel of property at 25835 — 116th Avenue SE from a plan designation of Single -Family Residential (SF -8) to a plan designation of Low Density Multifamily Residential (LDMF); and WHEREAS, the City Council for the City of Kent approved recommendation of the comprehensive plan amendment CPA -99-3(C) to amend the comprehensive plan designation of a parcel of property at 13602 SE 282"t Street from a plan designation of Single -Family Residential (SF -3) to a plan designation of Single - Family Residential (SF -6); and WHEREAS, the City Council for the City of Kent rejected the Land Use and Planning Board's recommendation of denial and thereafter approved the comprehensive plan amendment CPA -99-3(G) to amend the comprehensive plan designation of a parcel of property at 27842 and 27854 — 132"t Avenue SE from a plan designation of Single -Family Residential (SF -3) to a plan designation of Single -Family Residential (SF -6); and WHEREAS, the City Council for the City of Kent approved the recommendation of the comprehensive plan amendment CPA -99-3(H) to amend the 4 1999 Comprehensive Plan Amendments comprehensive plan designation of a parcel of property at the southeast corner of 102nd Avenue SE and SE 236th Street from a plan designation of Mixed Use Limited Multifamily (MU -R) to Low Density Multifamily Residential (LDMF); and WHEREAS, the City Council for the City of Kent approved the recommendation of the comprehensive plan amendment CPA -99-3(I) to amend the comprehensive plan designation of property at the 27000 block of 132nd Avenue SE from a plan designation of Single -Family Residential (SF -8) to a plan designation of Low Density Multifamily Residential (LDMF); and WHEREAS, the City Council for the City of Kent deferred consideration of CPA -99-3(A) and CPA -99-3(D) to a later date and forwarded these items to a council committee for further consideration; and WHEREAS, the City Council for the City of Kent approved the recommendation of the Capital Facilities Element Amendment CPA -99-3(J); NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF KENT, WASHINGTON, DOES HEREBY ORDAIN AS FOLLOWS: SECTION I. The City of Kent Comprehensive Plan adopted by Ordinance No. 3222, as subsequently amended, is hereby amended to establish new plan designations for the following parcels: A. For the property located at 25835 — 116d Avenue SE, Kent, Washington, from a plan designation of Single -Family Residential (SF -8) with eight (8) dwelling units per acre to Low Density Multifamily Residential (LDMF), as depicted in the map attached hereto as Exhibit "A" and incorporated herein by this reference (CPA -99-3(B)). 5 1999 Comprehensive Plan Amendments B. For the property located at 13602 SE 282nd Street, Kent, Washington, from a plan designation of Single -Family Residential (SF -3) with three (3) dwelling units per acre to Single -Family Residential (SF -6) with six (6) dwelling units per acre, as depicted in the map attached hereto as Exhibit `B" and incorporated herein by this reference (CPA -99-3(C)). C. For the property located at 27842 and 27854 — 132d Avenue SE, Kent, Washington, from a plan designation of Single -Family Residential (SF -3) with three (3) dwelling units per acre to Single -Family Residential (SF -6) with six (6) dwelling units per acre, as depicted in the map attached hereto as Exhibit "C" and incorporated herein by this reference (CPA -99-3(G)). D. For the property located at the southeast comer of 102'd Avenue SE and SE 236' Street, Kent, Washington, from Mixed Use Limited Multifamily (MU -R) to Low Density Multifamily Residential (LDMF), as depicted in the map attached hereto as Exhibit "D" and incorporated herein by this reference (CPA -99-3(H)). E. For the property located in the 27000 block of 132nd Avenue SE, Kent, Washington, from a plan designation of Single -Family Residential (SF -8) with eight (8) dwelling units per acre to Low Density Multifamily Residential (LDMF), as depicted in the map attached hereto as Exhibit "E" and incorporated herein by this reference (CPA -99-3(1)). SECTION 2. The Capital Facilities Element of the City of Kent Comprehensive Plan is hereby amended as set forth in Exhibit "F," attached hereto and incorporated herein by this reference (CPA -99-3(J)). SECTION 3. - Severabi[itV. If any one or more sections, sub -sections, or sentences of this Ordinance are held to be unconstitutional or invalid, such decision shall not affect the validity of the remaining portion of this Ordinance and the same shall remain in full force and effect. 6 1999 Comprehensive Plan Amendments SECTION 6. - Ef%ctive Date. This Ordinance shall take effect and be in five (5) days from and after the date of passage and publication as pr9vjided by law. M ATTEST: BRENDA JACOBER/CYfY CLERK APPROVED AS TO FORM: A. LUBOVICH, CITY PASSED % day of 7/t94c kw , 2000. APPROVED - day of '2000. PUBLISHED /0 day of 2000. I hereby certify that this is a true copy of Ordinance No. passed by the City Council of the City of Kent, Washington, and approved by the Mayor of the City of Kent as hereon indicated. (SEAL) BRENDA JACOB CITY CLERK 1999 Comprehensive Plan Amendments 9 • It '1 1 W 0 a) n y =. O z CDa 1l cn �. t: tQ rn ( N EXHIBIT �'-.' o, "� V�,K o�f!•'% ego i r sc Pio° j I c ° f I mIl ,�j ,°�'a .•` it a � � .7 1 l it e •a 6 Q m 1 II 6• d d ems• � L ® 1 I � I B� TL 1 i L1 0� 0 � e aJLo @ I II a ' .= dIS I ® p I I"AV SE I P he '1 1 W 0 a) n y =. O z CDa 1l cn �. t: tQ rn ( N EXHIBIT O CD Pj CL Be cc N EXHIBIT G X m 0 C �. to oa m o 0 o N r 0 N 9 EXHIBIT AN EXHIBrr 6 dD [p 400 r% AN EXHIBrr 6 City of Kent, Washington 2000 - 2005 Capital Improvement Program Draft CITY OF lt�M06T Mayor Jim White January 18, 2000 EXHIgn' �: Table of Contents Summary Section: Capital Source of Funding 2 Capital Use of Funding 3 Capital Improvement Project Summary 4 Detail Fund Section: Transportation Source of Funding 5 Transportation Use of Funds Graph 6 Transportation Details 7 Capital Improvement Fund Source of Funds Graph 9 Capital Improvement Plan Use of Funds Graph 10 Capital Improvement Fund Detail 11 2" Quarter Percent Real Estate Excise Tax 12 Capital Improvement Fund 2000 Budget 13 Water Fund Sources and Uses 15 Sewerage Fund Sources and Uses 16 Bond Issues: Future Debt Capacity 18 Future Bond Issues 19 Outstanding Long Term Debt as of 12/31/99 20 Net Councilmanic Debt Payment Graph 22 Street Fund Debt Payment Graph 23 Water Fund Debt Payment Graph 24 Sewerage Fund Debt Payment Graph 25 2000 - 2005 Capital Improvement Program Sources of Funding Amounts in 000's CIP Fund Donations $18,318 $7,863 Grants $12,435 Voted Bonds $33,000 Utilities $35,115 Councilmanic Bonds $34,067 Existing Tacoma Intertie Other Sources Funds $9,687 $7,174 Street Fund $18,263 FUNDING SOURCES CIP Fund Grants Existing Tacoma Interne Funds Utility Funds Street Fund Other Sources Councilmanic Bonds Voted Bonds Donations/Contributions Total 2000 2001 2002 2003 2004 2005 Total 3,153 3,533 2,839 2,877 2,942 2,974 18,318 2,157 4,190 4,673 500 215 700 12.435 8,200 1,487 9,687 9,611 4,492 4,480 5,874 5,832 4,826 35,115 4,341 3,492 2,797 2,914 2,659 2,060 18,263 1,165 147 2,106 935 513 2,308 7,174 4,949 10,773 18,345 34,067 7,500 25,500 33,000 7,520 273 70 7,863 48,596 53,887 35,310 13,100 12,161 12,868 175,922 2 2000-2005 Capital Improvement Program 8,190 Uses of Funds 4,840 3,927 Amounts in 000's Public Safety Utilities 26,066 Transportation $44,802 583 $35,389 20% 25% Parks and Recreation 18,094 4,210 3,549 Public Safety 2,050 4,495 $29,079 General Government 3,141 17% General 901 912 Government 31,419 Utilities $31,419 5,979 4,480 18% 5,832 4,826 44,802 Parks and Recreation $35,283 20% I 2000 2001 2002 2003 2004 2005 Total Transportation 8,857 5,967 8,190 3,608 4,840 3,927 35,389 Public Safety 693 26,066 571 576 583 590 29,079 Parks and Recreation 18,094 4,210 3,549 2,835 2,050 4,495 35,233 General Government 3,141 11,665 13,903 901 912 897 31,419 Utilities 17,811 5,979 4,480 5,874 5,832 4,826 44,802 Total 48,596 53,887 30,693 13,794 14,217 14,735 175,: 2000 - 2005 CAPITAL IMPROVEMENT PROGRAM PROJECT SUMMARY AMOUNTS IN 000'5 2000 2001 2002 2003 2004 2005 Recommend Forecast Forecast Forecast Forecast Forecast Totals FUNDING SOURCES CIP Funds 2,129 1,758 1,774 1,777 1,795 1,787 11,020 Real Estate Fuse Tax -2nd Otr Percent 1,024 1,775 1,065 11100 1,147 1,187 7,298 Youtidreen Fund 190 190 Grants 2,157 4,190 4,673 500 215 700 12,435 Land Account 750 750 Water UOlily 2,751 297 2,109 2,821 1,584 1,847 11.209 Existing Tacoma Interde Funds 8.200 1,487 9,687 Sewer Utility 1.281 291 303 315 327 340 2,857 Drainage Utility 5,579 3,904 2,068 2,938 3.921 2,639 21,049 Street Fund 4,341 3.492 2,797 2,914 2,659 2,060 18,263 LID 275 735 1,010 Mitigation Payments 100 100 Councilmanic Bonds 4,949 10,773 18,345 34,067 Voted Bonds 7,500 7,500 Voted - Public Safety Bonds 25,500 25,500 DonadonslContrlbuti0ns 7,520 273 70 7,863 Fee4n-Lieu 80 80 Alternative Funding Sources - Parks 47 1,291 935 513 2.308 5.094 TOTALSOURCES 48,646 53,887 35,310 13,100 12,161 12,888 175,972 CAPITAL PROJECTS TRANSPORTATION Corridors 2,182 728 694 2,056 2,366 8,026 Arterials 3.340 2.542 5,598 790 1,133 133 13,536 Intersection Improvements 900 1,750 250 250 3,150 Other Improvements 2,435 1.675 1.864 1.874 - 1,401 1A28 10.677 TOTAL TRANSPORTATION 8, 57 5,967 8,190 3,608 4,840 3,927 35,389 PUBLIC SAFETY - Police 51 15,050 50 50 50 50 15,301 Fire 642 11,016 521 526 533 540 13.778 TOTAL PUBLIC SAFETY 893 26,066 571 576 583 590 29,079 PARKS AND RECREATION - Land Acquisition 700 350 425 300 100 2,100 3,975 Capacity Projects 16,984 3,245 2,417 2.055 1,217 2,092 28,010 Non -Capacity Projects 10 615 707 480 733 303 3248 TOTAL PARKS AND RECREATION 18, 94 4,210 3,549 2,835. 2,050 4,495 35,233 GENERAL GOVERNMENT - Facilities 2,571 11,215 13,453 451 462 447 28,599 Other 570 450 450 450 450 450 2.820 TOTAL GENERAL GOVERNMENT 3.141 11,665 13,903 901 912 897 31,419 UTILITIES - Water 10,951 1,764 2,109 2,621 1.584 1,847 20,896 Sanitary Sewers 1,281 291 303 315 327 340 2.857 Star Drainage5. 79 3,904 2,068 2,938 3,921 2.639 21,049 TOTAL UTILITIES 17, 11 5,979 4,480 5,874 5,832 4,826 44,802 TOTAL CAPITAL PROJECTS 48,596 53.887 30,693 13,794 14.217 14,735 175,922 CHANGE IN BALANCE 50 - 4,617 (694) (2.056) (1,867) 50 BEGINNING BALANCE 50 50 4,667 3.973 1,917 ENDING BALANCE 50 50 4,667 3,973 1,917 50 Transportation 2000 - 20005 Capital Improvement Program Sources of Funding Amounts in 000's Total Street Fund $18,263 52% Fuel Tax $10,446 Motor Vehicle ReninMHnn Fm Grants $7,722 % Mitigation Payments LID $100 $1,0103% 0% Councilmanic Bonds $8,294 23% 9 2000 2001 2002 2003 2004 2005 Total Total Street Fund 4,341 3,492 2,797 2,914 2,659 2,060 18,263 Grants 1,292 2,375 3,930 125 7,722 Councilmanic Bond: 2,949 5,345 8,294 LID 275 735 1,010 Mitigation Payments 100 100 Total 8,857 5,967 12,807 2,914 2,784 2,060 35,389 9 Total Corridors Total Arterials Total Intersection Improvements Total Other Improvements Total 2000 Transportation 2002 2000 - 2005 Capital Improvement Program Total Uses of Funds ' - 728 Amounts in 000's 2,056 Other 8,026 3,340 Improvements 5,598 Corridors $10,677 133 $8,026 30% 1,750 23% Intersection 250 - Improvements 2,435 1,675 $3,150 1,874 1,401 9% 10,677 Arterials $13,536 38% Total Corridors Total Arterials Total Intersection Improvements Total Other Improvements Total 2000 2001 2002 2003 2004 2005 Total 2.182 - 728 694 2,056 2,366 8,026 3,340 2,542 5,598 790 1,133 133 13,536 900 1,750 - 250 250 - 3,150 2,435 1,675 1,864 1,874 1,401 1,428 10,677 8,857 5,967 8,190 3,608 4,840 3,927 35,389 R SOURCES OF FUNDS Street Fund Grants Councilmanic Bonds LID Mitigation Payments TOTAL SOURCES USES OF FUNDS Corridors 196th Corridor - middle leg 272nd Corridor 228th Corridor- West Corridor 228th Corridor - East Corridor Total Corridors TRANSPORTATION 2000 - 2005 CAPITAL IMPROVEMENT PROGRAM AMOUNT IN 000's 2000 2001 2002 '2003 2004 2005 Total 4,341 3,492 2,797 2,914 2,659 2,060 18,263 1,292 2,375 3,930 125 7,722 2,949 Military & Reith Road Intersection Improvement 5,345 8,294 275 767 735 1,010 400 100 West Meeker Street Widening WVH - 64th Avenu 100 8,851 5,967 12,807 2,914 2,784 2,060 35,389 1,572 610 728 694 2,056 1,572 610 Arterials 132nd Ave & 272nd Str (SR 516) Intersection Imp 550 550 212th Street Pavement Rehabilitation 650 250 250 Military & Reith Road Intersection Improvement 450 650 SE 256th Street Improvements -116th -132nd 767 275 94th Ave @ Canyon Drive (SR516) Traffic Signal 400 767 West Meeker Street Widening WVH - 64th Avenu 1,400 250 Military Road & 272nd Intersection Improvement 650 1,400 72nd Avenue 196th - 194th Block 390 250 325 Total Intersection Improvements 900 1,750 - 390 72nd Avenue 196th - 200th 650 650 84th Avenue Pavement Rehabilitation 500 500 West Meeker Street Widening - Phase 1 1,909 657 2,566 Pacific Highway South HOV Lanes - Phase II 4,665 4,665 Military Road Improvements 150 150 Central Avenue Pavement Rehabilitation 500 500 116th Ave Imp (256th to KK)(SR516) 500 500 240th Street Improvements_ 133 133 _ _ 13_3 133 133 798 Total Arterials 3,133 0 2,542 5,598 790 1,133 133 13,536 Intersection Improvements 132nd Ave & 272nd Str (SR 516) Intersection Imp 550 550 132nd Ave Improvements (240th - 244th) 250 250 Military & Reith Road Intersection Improvement 450 450 Kent DesMoineslMeeker/Reith Road Intersection 275 275 94th Ave @ Canyon Drive (SR516) Traffic Signal 400 400 West Valley Highway & 277th Intersection Improvement 250 250 Military Road & 272nd Intersection Improvement 650 650 Miscellaneous Intersection Signalization 75 250 325 Total Intersection Improvements 900 1,750 - 250 250 - 3,150 7 0 TRANSPORTATION 2000 - 2005 CAPITAL IMPROVEMENT PROGRAM AMOUNT IN 000's 2000 2001 2002 2003 2004 2005 Total Other Improvements Miscellaneous Asphalt Overlays 460 478 497 517 538 560 3,050 Slurry Seal Program 50 50 50 75 75 75 375 Sidewalk Rehabilitation and Installation 300 300 300 300 300 300 1,800 Street Lighting wring Upgrades 60 60 Traffic Signal Controller Cabinet Replacements 55 40 40 135 Neighborhood Traffic Control 75 75 75 75 75 75 450 Traffic Signal Energy Conservation 25 25 50 City Wide Guardrail & Safety Improvement 30 30 30 30 30 30 180 Bike Paths 100 100 100 100 100 100 600 BNSF & UP RR & Arterial Grade Separation Proje 105 500 500 1,105 Commuter Shuttle Bus 45 45 45 45 45 45 270 Street Tree Maintenance Program 128 126 129 132 136 139 790 Street Striping Program 79 81 83 85 87 89 504 Pavement Rating Survey 15 15 15 15 15 15 90 Technology Plan 100 100 200 M & 0 Facility Design 250 250 Lincoln Avenue (Smith St - James Street) 150 150 Canyon Drive Pedestrian & Bicycle Facility 458 458 Comprehensive Plan Update 75 75 70th/72nd Ave (S. 228th - S. 220th) 75 75 Freight Mobility Study 0 10 Total Other Improvements 2,413 1,675 1,864 1,874 1,401 1,428 10,677 TOTAL USES 8,857 5,967 8,190 3,608 4,840 3,927 35,389 CHANGE IN BALANCE - - 4,617 (694) (2,056) (1,867) - BEGINNING BALANCE - - - 4,617 3,923 1,867 ENDING BALANCE - - 4,617 3,923 1,867 - • Funded with Councilmanic Bonds 0 City of Kent 2000 - 2005 Capital Improvement Fund Sources of Funds Amounts in 000's Sales Tax $29,447 79% Sales Tax 5% of CIP Sales Tax Revenue to General Fund— Real Estate Excise Tax - 1st Qtr Percent Interest Total — Reduce Sales Tax Revenue allocated to CIP Fund from 25% to 20% Interest $329 1% Real Estate Excise Tax - 1st Qtr Percent $7,630 20% 2000 2001 2002 2003 2004 2005 Total 4,624 4,791 4,964 5,143 5,329 5,521 30;372 (925) (925) 994 1,250 1,287 1,326 1,366 1,407 7,630 160 59 36 52 22 329 7 6,928 37 City of Kent 2000 - 2005 Capital Improvement Fund Uses of Funds Amounts in 000's Debt and Operating Expenditun $27,981 71% Public Safety $3,579 9% Debt and Operating Expenditures Net Available for Capital Projects Public Safety Parks and Recreation (excluding REET projects) General Government Information Services Total 10 ct vu.,Uw. v CIP AGccaoenl�l9 00 Parks and Recreation (excluding 2nd Qtr Percent) $1,975 5% General Government $3,846 10% Information Services $1,800 5% 2000 2001 2002 2003 2004 2005 Total 3,846 4,177 4,318 5,481 5,481 4,678 27,961 1,007 1,922 1,969 1,040 1,236 2,250 9,425 693 566 571 576 583 590 3,579 325 330 330 330 330 330 1,975 841 592 603 601 612 597 3,846 300 300 300 300 300 300 1,800 7,012 7,888 8,091 8,328 8,542 8,745 48,607 CITY OF KENT CAPITAL IMPROVEMENT FUND 2000-2005 FORECAST AMOUNTS IN 000's I Expenditures 2000 2001 2002 2003 2004 2005 Total Revenues 104 106 109 111 .114 116 660 Sales Tax 4,624 4,791 4,964 5,143 5,329 5,521 30,372 5% of CIP Sales Tax Revenue to General Fund- (925) 1,126 1,000 995 994 454 (925) Real Estate Excise Tax -1st Otr Percent 994 1,250 1,287 1,326 1,366 1,407 7,630 Interest 160 59 38 55 27 7 345 Total Revenues 4,853 6,100 6,289 6,524 6,722 6,935 37,422 Expenditures 91 Capital Projects AnaWPerfonnance Measures 104 106 109 111 .114 116 660 Debt Service 1992.1996 Parks Debt 1,130 1,126 1,000 995 994 454 5,699 1992.1993 Refunding Debt 683 678 597 595 591 162 3,306 CIP Portion of 1999 LTGO 1,593 1,592 1,592 1,590 1,591 1,590 9,548 1999 LTGO - E.H. Maint Land (25%) 50 50 50 50 50 50 300 Centennial Building Debt 286 335 473 473 473 639 2,679 Centennial RemodeUBU Generators - proposed 170 171 170 171 170 852 Performing Arta Land - proposed (less Lodging Tax portion) 120 120 120 120 120 600 Valley Com - proposed 206 206 206 206 824 Campus ExpansiorlRenovation - proposed 639 639 639 1,917 Municipal Court - proposed 254 254 254 762 East Hill Maint Facility - (25%) - proposed 278 278 278 834 Total Expenditures 3,846 4,177 4,318 5,481 5,481 4,678 27,981 Net Available for Capital Projects 1,007 1,922 1,971 1,043 1,241 2,257 9,441 Capital Proiects Requested Public Safety - Fire 242 116 121 126 133 140 '8 Public Safety - Fire Equipment Replacement Reserve 400 400 400 400 400 400 2,400 Public Safety - Police 51 50 50 50 50 50 301 Parks and Recreation (excluding REET projects) 325 300 300 300 300, 300 1,825 General Government. Facilities 571 442 453 451 462 447 2,826 Information Services -Computer Support 300 300 300 300 300 300 1,800 General Government - Other 270 150 150 150 150 150 1,020 Total Capital Projects 2,159 1,758 1,774 1,777 1,795 1,787 11,05C Increase (Decrease) in Fund Balance (1,152) 164 197 (734) (554) 470 (1,609 Beginning Fund Balance 1,620 468 632 829 95 (459) Ending Fund Balance 468 632 829 95 (459) 11 - Reduce Sales Tax Revenue allocated to CIP Fund from 25% to 20% 91 CITY OF KENT CAPITAL IMPROVEMENT FUND -2ND QUARTER PERCENT 2000-2005 FORECAST AMOUNT IN 000's SOURCES OF FUNDS REET - 2nd Qtr Percent USES OF FUNDS Commons Playfield Renovations East Hill Youth Sports Facility #2 Development Chestnut Ridge Development 132nd Street Park Development Resource Center Parking S. 272nd St. Neighborhood Park Acquisition Green River Corridor Lake Meridian Park Improvements Valley Floor Athletic Complex Acq. & Dev. East Hill Youth Sports Facility #1 Development Soccer Field Renovation -Russell Road Van Doren's Park Improvements Lake Fenwick Park Development Clark Lake Development Mill Creek/Earthworks Improvements Kent Commons Racquetball Court Repairs Parks Planner Parks Planner Project Manager Project Manager Riverwalk / Riverview Park Development TOTAL USES OF FUNDS BALANCE OORccue is vs Adoptcd.xls 2nd Ov CFP (CIP Fund) 1/19/00 2000 2001 2002 2003 2004 2005 Total 994 1,030 1,067 1,106 1,146 1,187 6,530 40 40 30 175 1,100 1,305 700 700 50 450 500 93 93 11 100 111 10 15 25 100 210 310 20 50 820 1,187 2,077 50 50 950 1,050 75 75 50 50 147 30 177 30 30 60 60 (60) (60) 54 54 (54) (54) 12 . 12 1,024 1,032 1,065 1,100 1,147 1,187 6,555 (30) (2) 17 (1) - (25) CITY OF KENT CURRENT BUDGET ANALYSIS AND FORECAST CAPITAL IMPROVEMENT FUND as of November 30,1999 EXPENDITURES( TRANSFERS) Debt Service Existing Debt 1998 1999 Adjustments 1999 2000 552,354 Actual Ad] Budget Fav (Unfav) Est Actual Preliminary REVENUES AND OTHER FINANCIAL SOURCES 140,000 Fire Station 75 Debt 200,000 100,000 Sales Tax 4,319,938 4,588,748 (84,555)' 4,504,193 4,540,860 Saks Tax- Nonrecurring event 589,456 200,000 (21,296)' 178,704 83,334 5% CIP Fund Sales Tax Revenue to General Fund- (171,000) 171,000 286,000 (924,838) Real Esti Excise Tax 1,363.109 955,105 618,513 - 1,573.618 993,596 Real Estate Excise Tax - 2nd Quarter Percent 225,677 1,005,105 568,513 • 1,573,618 993,596 Real Estate Excise Tax - State 135.446 Transfer to Equipment Rental - new vehicles 134,039 134,039 204,900 interest 250,178 75,000 78,514 153,602 160,183 Closed Projects 784 Reserve for Fire Vehicles TOTAL FINANCIAL SOURCES 6,885,58h 6,823,958 1,293,728 8,117,774 5,846,711 EXPENDITURES( TRANSFERS) Debt Service Existing Debt 1,842,703 1,843,521 1,843,521 1,813,174 Saturday Market Bldg Debt 552,354 Golf Course Debt 140,000 140,000 140,000 Fire Station 75 Debt 200,000 100,000 100,000 1 Technology Plan 1,298,397 633,680 862.717 1,592.979 E.H.Malnt. Land (25%) 50,000 Centennial Bldg Debt (171,000) 171,000 286,000 Capita Projects Coordinator 63,743 70,822 70,822 62,103 Budget Analyst- Performance Measures 6,690 (10,310) 17,000 17,000 Transfer to Fund 520 -Annexation Start Up Cost 82,319 Transfer to Equipment Rental - new vehicles 250,515 204,900 204,900 Transfer to Information Services - computers, printers, etc. 188,555 414,597 414,597 300,000 PUBLIC SAFETY PROJECTS Reserve for Fire Vehicles 400,000 400,000 400,000 400,000 SCBAIHEPA Mask Fit Test Machine 12,000 Fire - Breathing Apparatus and Cylinder Replacement 28,000 70,000 70,000 70,000 SCBA Bottles (6 - 1 hr replacements) 6,01 Fire - Emergency Coordination Center Equipment 90,000 90,000 90,0 Fire- Replacement Radio Equipment 81,000 61,000 64,000 Fire - Vehicle and Equipment for Fire posbons 72.275 72,275 Fire - Miscellaneous Equipment- Defibrillators 59,100 59,100 Corrections - Space Needs Study 25,000 25,000 Police - Detective Vehicle 27,000 27,000 26,000 Police - CAD and ACCESS System Printers 25,000 25,000 Police - Patrol Vehicles - Fund Enhancement 30,000 30,000 Police - Reverse 911 45,000 45,000 Pursuit Intervention Program 25,000 25,000 Police - Vehicle and Equipment for New Officers 46,044 46,044 Police- Miscellaneous Equipment 91.280 36,700 38,700 25,000 PARKS DEPARTMENT PROJECTS Park Master Plans 98.520 115,000 115,000 Risk Reduction b Park Improvements 6,841 123.409 123,409 125,000 Signage 20,000 32,000 32,000 ' Grant Matching 150,000 150,000 150,000 50,000 Playground Safety 20,000 40,000 40,000 15,000 Sait Air Hills Park Development 202.000 202,000 Kentridge Park 20.721 - 1,591 1,591 Performing Arts Center 50.0w 90,000 90,000 90,000 Neely House Furniture I Renovations 15,000 15,000 Land Acquisition 100,000 100,000 Tennis Court Re- Surfacing 30,000 30,000 Trait I Parking Improvements 25.000 25,000 Architect I Engineering Services 35,000 35,000 Miscellaneous Equipment 72,988 72.988 15,000 Golf Capital Buyout 270,000 270,000 Other project 1.072,738 40,000 40,000 PARKS PROJECTS -REET Parks Planner 60,000 Parks Planner - Reimbursement from Projects (60,00n: Project Manager 54,f Project Manager - Reimbursement from Project (54.0%, Resource Center Parking Lot 15,000 15,000 93.000 1J C1v 15011 1, 1'la pre CITY OF KENT CURRENT BUDGET ANALYSIS AND FORECAST CAPITAL IMPROVEMENT FUND as of November 30, 1999 • 1998 1999 Adjustments 1999 2000 Actual Adj Budget Fav (Unfav) Eat Actual Preliminary Neely House Renovations 45,000 45,000 East HIB Park Expansion Development 533,000 533,000 Old Fishing Hole Improvernitnts 8.206 8,206 Commons Playfield Renovations 10,000 10,000 40,000 East Hill Youth Sports Facility 02 Development 35,000 35,000 30.000 Chestnut Ridge Development 122,000 122,000 700,000 132nd Street Park Development 20,000 20,000 50,000 Lake Mandian Park Improvements 15.000 15,000 West Fenwick Park - Handball Courts 195,000 195,000 Garrison Creek Park Improvements 50,000 50,000 East Hill Youth Sports Facility 01 Development 50,000 So. 272nd Street Neighborhood Park Development 11,000 Kent Commons Racquetball Repair 30,000 Valley Floor Athletic Complex Acq. E Dev. 20,000 Misc 1999 Improvements 18.794 18,794 GENERAL GOVERNMENTAL PROJECTS Telecommuting Equipment 240,000 Gen Govt Facilities Rep& td 110,000 110,000 100.000 Van for Permit Center Const Inspector 41,700 Miscellaneous Furniture 75,000 105,450 105.450 20,000 Computerized Maintenance Management Software 4,738 30,000 30,000 Sealeoat Parking Lots 30,000 53,000 53,000 55,000 Safety Restraints 55,000 32,000 32,000 HVAC Repairs and Controls Installations 90,282 65,000 85,000 85,000 Golf Complex Upgrades 45,000 45.000 75.000 ADA Modifications 10,000 10,000 15,000 Exhaust Extraction Systems 58,000 58,000 Architectural Services - Park Nursery Property 25,000 25.000 35,000 Fkxx Covering Replacements 79,000 79,000 83.000 Facility Painting 79,000 79,000 83,000 ,.r Roof Repairs 75,000 75,000 40,000 Corrections Renovation - Holding Cells / Lights f Fire Panel 45.000 45,000 Training Center Tenant Improvements (Police) 15,000 15,000 Police HO Tenant Improvements 75,000 75,000 Radio Repair Shop / Equipment 48,000 85,000 65,000 Downtown Gateway Projects 58,000 58.000 Performance Measures - Citizen Survey 20,000 20,000, 20.000 Performance Measures - Program Stan 30,000 30,000 10,000 Industrial Land Study 25,000 25,000 Citywide Organtrabonal Study 100,000 100,000 Convention Center Study 30,000 30,000 Traffic Study 30,000 30,000 Development Rights Acquisition 50,000 - 50,000 10,000 Equipment Set-up - LID Billing Technician 10,475 10,475 Furniture and Set-up for Help Desk 90,000 90,000 Van for Permit Center Const Inspector 23,000 Update Subdivision Code & Street Standards 23,294 Comprehensive 5 Year Plan Update 23,778 Other Projects 425,883 114,900 114,900 160.000 TOTAL EXPENDITURES (TRANSFERS) 6,208,852 9,022,859 452,370 8,570,489 6,974,328 INCREASE (DECREASE) IN FUND BALANCE 838,936 (2,198,901) 1,748,098 (452,715) (1,127,617) BEGINNING FUND BALANCE REET- 2nd Quarter Percent 200,000 26,877 226,877 800.295 Capital Improvements 2,348,333 834,375 Undesignated Unreserved 1,938,074 2,339,846 8,687 1,144,936 TOTAL BEGINNING FUND BALANCE 1,930,014 2.539,646 35,384 2,575,010 - 2,579,606 ENDING FUND BALANCE REET- 2nd Quarter Percent 226,677 155,105 647,072 802,177 771,773 Designated for Capital Expenditures 891,710 634,375 634,375 691,223 ' Designated for Additional Debt Service 914,539 118,740 (118,740) 1 Undesignated Unreserved 542.004 (811,475) 1,615,012 1.003.537 (11,008) •-✓r TOTAL ENDING FUND BALANCE 2,575.010 296,745 2.143,344 2.440.089 1.451,989 • Denotes Wnge from last month. 1 - Fire Station 075 final payment of approximately st.6 million is be funded with ccuncibmanie bonds and was paid in June. 1999. Debt service principal payments would begin in 2000. -Reduce Sales Tax Revenue alldrated to CIP Fund from 25% to 20% IT C'W 15011 X!f 110'M WATER SUPPLY AND DISTRIBUTION 2000 - 2005 PRELIMINARY FORECAST (AMOUNTS IN 000's) 2000 2001 2002 2003 2004 2005 Total Operating Revenue Existing Sales Revenue INCLUDES RATE INCREASE 7,074 7,191 7,309 7,403 7,498 7,594 44,069 Miscellaneous Revenue 69 71 72 73 74 75 434 Rate Increase _ 1,563 3,169 3,222 3,263 3,305 3,347 17,870 Total Operating Revenue 8,706 10,431 10,603 10,739 10,877 11,016 62,373 Total Operating Expenses Operating Income (Loss) Other Financial Sources Interest Income System Development Fees Miscellaneous Revenue Total Other Financial Sources Net Available for Expenditures Expenditures Debt Service - Existing Debt Service'99 Issue E.H. Maint Land Debt Service - E.H. MaintFacility - proposed Debt Service -Tacoma Pipeline Debt Service - proposed Total Expenditures Net Available for Capital Projects Proceeds from Long -Tenn Debt Total Available for Capital Projects Capital Project Requests Pump Station #5 (Improvements) Pump Station #3 (Replacement) Endangered Species Act Study Water Reservoirs Seismic Upgrades (7 locations) Impoundment Project (124th-118th'288th-304th) Alternative Supplemental Supply Miscellaneous Water Improvements Corrosion Control East Hill Reservoir Update of Kents Water Comprehensive Plan City-wide Technology Plan Design of M&O Facility Total Capital Project Requests Revenue over (under) Expenditures Beginning Working Capital # Ending Working Capital 5,246 5,493 5,710 5,915 6,127 6,347 34,836 3,460 4,939 4,893 4,824 4,750 4,670 27,537 1,200 750 500 300 300 300 3,350 272 325 325 325 325 325 1,897 73 73 73 73 73 73 438 1,545 1,148 898 698 698 698 5,685 5,005 6,087 5,791 5,522 5,448 5,367 33,221 1,290 1,293 1,233 237 238 23 4,314 63 63 63 63 63 63 378 229 229 229 229 916 459 719 1,258 1,298 1,312 5,046 215 215 215 645 1,353 1,815 2,244 2,002 2,043 1,842 11,299 3,652 4,272 3,547 3,520 3,405. 3,525 21;' _ 2.550 2.So.. 3,652 4,272 6,097 3,520 3,405 3,525 24,472 115 115 300 75 375 200 200 100 100 600 800 1,250 1,500 4,150 500 500 286 297 309 321 334 347 1,894 350 350 - 1,050 1,500 2,550 75 75 500 500 400 400 2,751 297 2,109 2,621 1,584 1,647 11,209 901 3,975 3,988 899 1,821 1,678 13,283 2,027 2,928 6,903 10,891 11,791 13,612 48,152 2,928 6,903 10,891 11,791 13,612 15,290 61,415 Debt Service Coverage: Operating Income (Loss) 3,460 4,939 4,893 4,824 4,750 4,670 27,537 Non Operating Income 1,545 1,148 898 698 698 698 5.685 Total Available for Debt Service 5,005 6,087 5,791 5,522 5,448 5,367 33,2'4 I Debt Service 1,353 1,815 2,244 2,002 2,043 1,842 Debt Service Ratio (must be at least 1.25 per CAFR) 3.70 3.35 Z58 2.76 2.67 2.91 2002-2003 Portions of projects funded with revenue bond proceeds 'r Dorking Capital has no: Been reduced to reflect interm rvncing for Performing Arts Center 15 SEWERAGE FUND 2000-2005 PRELMM4ARYFORECAST (AMOUNTS IN 000'x) Operathrg Revenue Sewer Sales Drainage Sales Total Operating Revenue Operating Expenses Sewer Drainage Total Operating Expenses Operating Income (Loss) Sewer Drainage Total Operating Income (Loss) Other Financial Sources Miscellaneous Revenue Interest Income Total Other Financial Sources Net Available for Expenditures Expenditures Debt Service - Existing Debt Service'99 LTOO-E.FI. Maint. Facility Land Debt Service - 1999 Revenue Bands - estimate Debt Service- Maint. Facility - proposed Total Expenditures Net Available for Capital Projects Capital Project Requests Sanitary Sewer East Bill Interceptor Miscellaneous Sewer lines City-wide Technology Plan Total Sanitary Sewer 2000 2001 2002 2003 2004 2005 Total 13,240 14,025 14,817 15,333 15,825 16,316 89,556 8,163 8,298 8,435 8,542 8,652 8,763 50,853 21,403 22,323 23,252 23,875 24,477 25,079 140,409 11,580 12,392 13,214 13,769 14,302 14,837 80,092 3,579 3,871 4,019 4,159 4,304 4,454 24,384 15,159 16,262 17,232 17,927 18,605 19,290 104,476 1,660 1,633 1,603 1,564 1,523 1,479 9,464 4,584 4,427 4,416 4,383 4,348 4,309 26,469 6,244 6,061 6,020 5,948 5,872 5,789 35,933 67 67 67 67 67 67 402 870 870 870 870 870 870 5,221 937 937 937 937 937 937 5,623 7,181 6,998 6,957 6,885 6,809 6,726 41,556 1,734 1.,735 1,728 1,724 1,727 1,716 10,364 96 96 96 96 96 96 576 550 550 550 550 550 550 3,300 354 354 354 354 1,416 2,380 2,381 2,728 2,724 2,727 2,716 15,656 4,801 4,617 4,229 4,161 4,082 4,010 25,900 750 750 281 291 303 315 327 340 1,857 250 250 1,281 291 303 315 327 340 2,857 Stormwater Management - Mill Creek Flood and Erosion Control Facilities 900 320 1,220 Outfall Treatment 676 900 1,576 Soos Creek Basin Improvement 512 592 528 1,669 2,710 1,900 7,911 Miscellaneous Drainage Improvement 358 632 658 684 711 739 3,782 City-wide Technology Plan 483 483 West Valley Highway Raising 925 925 Endangered Species Act Study 200 200 Design of M&O Facility 250 250 M SEWERAGE FUND 2000-2005 PRELUMARY FORECAST (AMOUNTS IN 000's) Drainage Improvements W Road Improvements 196th Corridor - middle leg SE 256th Street (116th -138th) West Meeker Widening (WVH - 64th) 132nd Ave S & 272nd Street Road & Railroad Separation 72nd Avenue (196th - 194th) Military & Reith Intersection 94th Ave S & Canyon Dr Traffic Signal W VH & 277th Intersection Military Rd & 272nd Intersection Pacific lUghway South HOV - Phase II 116th Ave Improvements (256th - Kent Kangley) 72nd Avenue (196th - 200th) Washington Ave Widening Total Stotmwater Management Total Capital Project Requests Total Revenues Over (Under) Capital Projects 2000 2001 2002 2003 2004 2005 Total 500 4,381 2,322 2,444 4,602 500 5,344 910 910 175 Reserved 1,000 1,000 175 150 1,000 1,000 Unreserved 1.322 150 3,602 4.510 582 5,375 • Ending Working Capital 582 100 4,602 5,510 5,344 6,375 100 100 100 250 250 100 100 100 100 585 585 500 500 300 300 350 350 • 5,579 4,204 1,768 2,938 3,921 2,639 21,049 6,860 4,495 2,071 3,253 4,248 2,979 23,906 (2,059) 122 2,158 908 (166) 1,031 1,994 Beginning Working Capital _ 4,381 2,322 2,444 4,602 5,510 5,344 Ending Working Capital Reserved 1,000 1,000 1,000 1,000 1,000 1,000 Unreserved 1.322 1,444 3,602 4.510 4.344 5,375 • Ending Working Capital 2,322 2,444 4,602 5,510 5,344 6,375 • 1999 Ending Working Capital includes 53,251 of 1999 proceeds Gtpensed (for capital projects) in 2000 17 18 M Q Q Q gy m r m N ( p fmD tO0 a E c N N N p y O T C mmp V1 t� n N n O C W Em m m m O C C M N m OE .3 0 m Z. I( T m N irwi �l Q C m < O W0 Cl n 'W e r n e m n mk 8 y o 0. U c W C� N N b N Q N N lm�f N W 6 m t0 IrO IOk N T N m1p pN U O N N 0 06 N W p y0' CO1 INTI 17 s m W 0 0 0 N v O 0 tm0 S O W W a o m- > g 9= v V Iq m vk g LL C a aon W LL Sc v .^... .M�. m N.. O a O W U g 'A e O O N O CJ O C N N N O�1 W W W O O O m Q Q a m r m m Qcl� .Wn = n n Ire m o Irk W ta7 W W O w� m m at r Wi J? v;j < v .j O0 m N 0 < O O U � A 6 N n >_ N N N at O O17 w C N s N Q r Q Q $ m 0,O j O O O f m N A N m w u . g E _ _ „ LL n r n Q m n In m e m O m N m p W m m m l7 ' m OI Ol O m L s N t0 m ID n T Q N' N m � ark C W N trp m I Q W m m m lq Q m k1 Q m o a > Iri vi ri Ie Ic Io r r r� a qq M— Q C S2 v � v 18 .81 §I N W 7 F N ami 2 W W Y C O m A W E V y LL 19 c T 3 `o r T w O O J A 0 g 3 J a a a C 9 n a m a m � c a s o g m E c L a `m 7g U r 'c y c L N w U E n m E U N J A d o 0 C! N ac�LL�iNw>u� O W N m a W> a � 19 c T 3 r T Q y O O J A 0 g 3 J a a a 19 CITY OF KENT OUTSTANDING LONG TERM DEBT December 31, 1999 Redemption Issuance Maturity Interest Payment Original Amount Outstanding Date Date Rate Date Amount To Date Amount GO BONDS & CONTRACTS Voted Senior Housing' G.O. Refunding 1980,86,9 Total issue Fre Apparatus Public Safety Senior Housing Total Voted Councllmanic G.O. Refunding 1985,86,8 Total Issue Golf Corrections Senior Center Library Street Lake Fenwick G.O. Refunding 1978,89 Total Issue Parks Street Fund Public Safety Street G.O. Parks, Street G.O. Golf/Refunding 1988 G.O. Centennial G.O. Sewerage 1990 1993 14,085,000 1992 10,575,000 2000 6,4110.0 12/1 2,105,000 -. 1,775,000 330,000 2009 2.7515.6 12/1 1,564,850 0 1.84% 259,164 55,016 204,148 64.63% 9,103,136 1,932,437 7,170,699 33.53% 4,722,701 1,002.547 3.720,154 2,182,900 16,190,000 4,765,000 11,425,000 2007 3.2516.6 1211 G.O. 1999 1999 Total Issue 21,205,000 Telephone/Computer Baric Up Generators Shops East Hill Mtc Remodels Par 3 Irrigation Russell Road Inigation Fire Station 75 Downtown Gateways Police/Corrections Municipal Court Street 256th St Imp debt scheduleb.xis 1118/00 2019 4.0/5.0 32.62% 3.40% 13.20% 9.91% 1.18% 0.87% 10.71% 2.81% 12.57% 1.65% 9.43% 20 12/1 6,918,000 23.80% 6,918,000 720,000 2,516,850 952,000 1,564,850 0 15.60% 2,101,000 0 1,649,700 624,000 1,025,700 250,000 33.20% 0 185,000 3,510,900 1,328,000 2,182,900 596,000 23.40% 596,000 2,666,000 2,474,550 936,000 1,538,550 0 1.20% 2,000,000 0 126,900 48,000 78,900 2.80% 296,100 112,000 184,100 1993 2004 2.75/5.2 2/1 2,765,000 5.90% 163,135 81,715 81,420 16.20% 447,930 224,370 223,560 25.70% 710,605 355,945, 354,660 52.20% 1,443,330 722,970 720,360 1996 2026 3.915.75 611 5,595,000 695,000 4,900,000 18,935,000 6,080,000 12,855,000 1995 2010 5.25/6.25 12/1 5,420,000 600,000 4,620,000 1996 2026 3.97(7.13 6/1 12,310,000 340,000 11,970,000 1996 2026 3.9/5.75 611 8,340,000 760,000 7,560,000 G.O. 1999 1999 Total Issue 21,205,000 Telephone/Computer Baric Up Generators Shops East Hill Mtc Remodels Par 3 Irrigation Russell Road Inigation Fire Station 75 Downtown Gateways Police/Corrections Municipal Court Street 256th St Imp debt scheduleb.xis 1118/00 2019 4.0/5.0 32.62% 3.40% 13.20% 9.91% 1.18% 0.87% 10.71% 2.81% 12.57% 1.65% 9.43% 20 12/1 6,918,000 0 6,918,000 720,000 0 720,000 2,800,000 0 2,800,000 2,101,000 0 2,101,000 250,000 0 250,000 185,000 0 185,000 2,272,000 0 2,272,000 596,000 0 596,000 2,666,000 0 2,666,000 350,000 0 350,000 2,000,000 0 2,000,000 CITY OF KENT OUTSTANDING LONG TERM DEBT December 31,1999 Redemption Issuance Maturity Interest Payment Original Amount Outstanding Date Date Rate Date Amount To Date Amount GO BONDS 5 CONTRACTS cant. Trust Fund Loan - Sewer 1996 2016 4.8 Trust Fund Loan -Water 1986 3 1989 Trust Fund Loan - Sewer 1987 31988 Total Couneilmanie TOTAL G.O. BONDS 3 CONTRACTS SPECIAL ASSESSMENT BOND/NOTES 121,193 1,451,453 711 400,000. LID 327 1989 2009 7.5/7.85 LID 328/334 1990 2002312 6.4f7.7 LID 330 1990 2007 6.3!/.625 LID 3311335 1991 2003 5.2516.75 LID 336 1991 2008 5.2517.15 LID 333737/38 1993 2005 3.5/5.9 LID 342 Nate R-1 1994 2004 5.17 LID 344 Nate R-1 1994 2004 5.17 LID 345 1996 2008 4.25/5.6 LID 346 1995 2005 4.015.4 LID 347/48 1998 2015 4.3/5.6 TOTAL SPECIAL ASSESSMENT BONDSINOTES TOTAL GOVERNMENTAL BONDS 3 CONTRACTS REVENUE BONDS 3 LOANS Water Revenue Refunding 1995 2004 4.014.6 Total Water Blonds Sewerage 1993 2013 2.515.5 Total Sewerage Bonds TOTAL REVENUE BONDS AND LOANS TOTAL OUTSTANDING LONG TERM DEBT -Balance after partial refunding. Original Issue - $6,700,000 due 2009. 21 debt scheduleb.xis 1/18100 211 3 811 1,572,646 121,193 1,451,453 711 400,000. 248,298 151,702 711 355,000 205,526 149,474 68,190,646 3,358,732 675,000 8,375,017 59,815,630 84,380,646 13,140.017 71,240.630 7115 2,296,074 1,536,074 760,000 811 1,697,303 1,062,303 635.000 9/1 4,033,732 3,358,732 675,000 311 1,543,980 1,363,980 180,000 10/1 1,888,078 1,123,078 765,000 4/1 397,413 327,413 70,000 10/1 57,989 43,423 14,566 10/1 66,097 53,661 12,436 1211 781,625 306,625 475,000 11/1 518,162 293,162 225,000: 911 942,617 67,617 875,000 14,223,070 9,536,068 4,687,002 98,603,716 22,676,064 75,927,632 12/1 7,790,000 4,000,000 3,790,000 7,790,000 4,000,000 3,790,000 11/1 8,690,000 2,160,000 6,530,000 8,690,000 2,160,000 6,530,000 16,480,000 6,160,000 10,320,000 115,083,716 28,836,064 86,247,632 9 Long Term Debt Payments General Obligation Debt Service 4,000,000 i 3,500,000 ! i 3,000,000 i 2,500,000 i 2,000,000 f 1,500,000 1,000,000 500,000 0 00 o'y Ob' Ob O� ti0 1'Y ,b 'tii° ti� ,y0 Original Outstanding Debt service payments include principal and interest and are net of contributions from the Street Fund and Enterprise Funds. ' Refunding projects were for Public Safety, Street and Parks projects. 2^OQr' ��ri!maniC Debt for'00 CFP.r. "" Issued Maturity Amount 12/31/99 • GO Refunding 1985, 86, 87 1992 2007 10,575,000 6,575,000 • GO Refunding 1978, 89 1993 2004 2,765,000 1,380,000 • GO Parks / Street 1996 2016 5,595,000 4,900,000 GO Centennial 1996 2026 12,310,000 11,970,000 GO 1999 Bonds 1999 2019 21,205,000 21,205,000 Debt service payments include principal and interest and are net of contributions from the Street Fund and Enterprise Funds. ' Refunding projects were for Public Safety, Street and Parks projects. 2^OQr' ��ri!maniC Debt for'00 CFP.r. "" Outstanding Long Term Debt Street Fund Debt Service Original Outstanding Issued Maturity Amount 12/31/99 GO 700,000 1992 2007 126,900 600,000 Refunding 1978, 89 1993 2004 1,891,260 GO Street 1996 2016 1,745,000 GO Street 1999 2019 3,086,267 500,000 400,000 300,000 200,000 100,000 p 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 ■ Arterial 0 Utility ® Unrestricted Original Outstanding Issued Maturity Amount 12/31/99 GO Refunding 1985, 86, 87 1992 2007 126,900 GO Refunding 1978, 89 1993 2004 1,891,260 GO Street 1996 2016 1,745,000 GO Street 1999 2019 3,086,267 2000Cfy Caeiolnunic Debt �a�'.:J :,F7.:usti :s:p 23 78,900 943,920 1,585,000 3,086,267 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 0 _e 2000 CITY OF KENT Water Fund Debt Service 2002 2004 2006 2008 2010 2012 2014 2016 2018 ■ Revenue Bonds ■ Notes/Contracts ❑ Non -Voted GO Bonds Revenue Water Revenue Refunding Notes/Contracts Trust Fund Loan - Water Non -Voted GO Bonds 2000cfp/ Debt graph Water.xlsl/19/00 Original Issued Maturity Amount Outstanding 12!31194 1995 2004 7,790,000 3,790,000 1986,89 2006 400,000 151,702 1999 2019 534,807 534,807 24 CITY OF KENT Sewerage Fund Long Term Debt Service 2.0000 1.8000 1.6000 1.4000 c 1.2000 1.0000 0.8000 v 0.6000 0.4000 0.2000 0.0000 2000 2003 2006 2009 2012 2015 2018 2021 2024 2027 ® Non -Voted ■ Revenue p Notes/Contracts Original Outstanding Issued Maturity. Arnoun! 12/31/99 Non -Voted G.O. Sewerage 1996 G.O.1999 1999 Revenue Sewerage 1993 Notes/Contracts Trust Fund Loan - Sewer 1996 Trust Fund Loan - Sewer 1987,89 2000cfp/ Debt Graph Sewerage.xlsl/19/00 2026 8,340,000 7,560,000 2018 829,294 829,294 2013 8,690,000 6,530,000 2016 1,572,646 1,451,453 2007 355,000 149,474