Loading...
HomeMy WebLinkAbout2010-10-25 Workshop Meeting Agenda and Reports.pdfDistrict of Maple Ridge COUNCIL WORKSHOP AGENDA October 25, 2010 9:00 a.m. Blaney Room, 1st Floor, Municipal Hall The purpose of the Council Workshop is to review and discuss policies and other items of interest to Council. Although resolutions may be passed at this meeting, the intent is to make a consensus decision to send an item to Council for debate and vote or refer the item back to staff for more information or clarification. REMINDERS October 26 2010 Public Hearing Council Meeting 1. ADOPTION OF THE AGENDA 2. MINUTES -October 18, 2010 3. PRESENTATIONS AT THE REQUEST OF COUNCIL 6:00 p.m. 7:00 p.m. 3.1 Metro Vancouver - Development of Emission Regulations for Non -Road Diesel Engines - Derek Jennejohn, P. Eng., Senior Project Engineer, Air Quality Policy and Management - Ray Robb, P. Eng., Regulation & Enforcement Division Manager 4. UNFINISHED AND NEW BUSINESS 4.1 Recycling Update Verbal update by the Executive Director of the Ridge Meadows Recycling Society Council Workshop October 25, 2010 Page 2 of 4 4.2 Storm Water Utility Update Staff report dated October 19, 2010 providing an update on a review of a stormwater utility and the proposal of a stormwater facilities levy to be considered at 2011 Business Planning 4.3 Award of Tenders, Construction of North Alouette River Greenway Bridge Abutments and Vernon Trail Bridge Replacement Staff report dated October 21, 2010 recommending that the tenders for the construction of North Alouette River Greenway Bridge Abutments and for the Vernon Trail Bridge Replacement be awarded to M2K Construction. Report to be circulated separately. 4.4 Health and Wellness Update Presentation Verbal update by the Recreation Manager, Health & Wellness 4.5 Blue Mountain Trails Management Plan - status of regulation/s/implementation Verbal update by the General Manager of Community Development, Parks and Recreation Services 4.6 Lower Mainland Municipal Tax Increases and Development Cost Data (Revised) Staff report dated October 20, 2010 providing information on municipal tax and utility rate increases and development cost charges. 4.7 Reserves Staff report dated September 15, 2010 providing an overview of the financial resources of the District of Maple Ridge. Council Workshop October 25, 2010 Page 3 of 4 5, CORRESPONDENCE The following correspondence has been received and requires a response. Staff is seeking direction from Council on each item. Options that Council may consider include: a) Acknowledge receipt of correspondence and advise that no further action will be taken. b) Direct staff to prepare a report and recommendation regarding the subject matter. c) Forward the correspondence to a regular Council meeting for further discussion. d) Other. Once direction is given the appropriate response will be sent Note: Item 5.1 has been forwarded from the October 18, 2010 Council Workshop Meeting 5.1 Ridge Meadows Recycling Society - Green Waste/Organics Drop off - Maple Ridge Transfer Station Letter dated September 13, 2010 from Kim Day, Executive Director, Ridge Meadows Recycling Society asking Council to send a letter to Metro Vancouver asking for consideration of alternatives to handle organics locally in Maple Ridge. Draft letter from Maple Ridge Council to Metro Vancouver attached. 6. BRIEFING ON OTHER ITEMS OF INTEREST/QUESTIONS FROM COUNCIL 7. MATTERS DEEMED EXPEDIENT 8. ADJOURNMENT Checked by: Date: Q i Council Workshop October 25, 2010 Page 4 of 4 Rules for Holding a Closed Meeting A part of a council meeting may b?,glc?,� to the public if the subject matter being considered relates to one or more of the following: (a) personal information about an identifiable individual who hold or is being considered for a pQsition as an officer, employee or agent of the municipality or another position appointed by the municipality; (b) personal information about an identifiable individual who is being considered for a municipal award or honour, or who has offered to provide a gift to the municipality on condition of anonymity; (c) labour relations or employee negotiations; (d) the security of properly of the municipality; (e) the acquisition, disposition or expropriation f i rovements. if the council considers that disclosure might reasonably be expected to harm the interests of the municipality; (f) law enforcement, if the council considers that disclosure might reasonably be expected to harm the conduct of an investigation under or enforcement of an enactment; (g) litigation or potential litigation affecting the municipality; (h) an administrative tribunal hearing or potential administrative tribunal hearing affecting the municipality, other than a hearing to be conducted by the council or a delegate of council (i) the receiving of advice that is subject to solicitor -client privilege, including communications necessary for that purpose; 0) Information that is prohibited or information that if it were presented in a document would be prohibited from disclosure under section 21 of the Freedom of Information and Protection of Privacy Act: (k) negotiations and related discussions respecting the proposed provision of a_municipal service that are at their preliminary stages and that, in the view of the council, could reasonably be expected to harm the interests of the municipality if they were held in public; (1) discussions with municipal officers and employees respecting municipal objectives, measures and progress reports for the purposes of pre ring an annual report under section 98 [annual municipal report] (m) a matter that, under another enactment, is such that the public may be excluded from the meeting; (n) the consideration of whether a council meeting should be closed under a provision of this subsection of subsection (2) (o) the consideration of whether the authorily under section 91(other persons attending closed meetings) should be exercised in relation to a council meeting. (p) information relating to local goy-emmentl2articipation in provincial negotiations with First Nations, where an agreement provides that the information is to be kept confidential. Metro Vancouver's Non -Road Diesel Engine Initiative — Reducing diesel emissions improves air quality and public health in Metro Vancouver and is an effective means of immediately slowing climate change. Metro Vancouver (the Greater Vancouver Regional District) would like to update stakeholders on development of the Non -Road Diesel Engine Initiative. The Initiative includes development of regulations for particulate matter (soot) emissions from existing non -road diesel engines and equipment that operate in the private sector and in the public sector in Metro Vancouver, as well as an incentive fund to assist private sector engine owners with achieving emission reductions from their engines. Metro Vancouver held a series of Work Group meetings through the summer to discuss proposed private and public sector regulatory requirements that would apply to owners and operators of non -road diesel engines and equipment. The Work Groups consisted of representatives from industry, engine and emission control dealers and suppliers, and other sectors. The Work Group meetings are complete and proceedings are posted on our website. Draft emission regulations will now be prepared for consideration by the Metro Vancouver Energy and Environment Committee and Board of Directors, at their November meetings. If adopted, the private sector regulation would require owners of Tier 0 and Tier 1 non -road diesel engines to register, label and pay fees for their engines. Regulatory fees would be used to establish an emission reduction incentive fund to assist engine owners replace, remanufacture, retrofit or repower these older, more polluting engines. The public sector regulation would require that publicly -owned fleets meet an emission rate target for their entire fleet of non -road diesel engines. Fleet targets would become more stringent over time. Under both proposed regulations, anti -idling and smoke opacity limits would apply to all non -road diesel engines. If you represent an association, equipment supplier or similar, please feel free to forward this message to your members, associates or clients. To learn more about the Non -road Diesel Engine Initiative, please visit www.metrovancouver.oLg/services/permits/DieselEmissions or contact Metro Vancouver with any questions. Regards, Ray Robb, P. Eng. EEIV.robb@metrovancouver.org 604-451-6696 Regulation & Enforcement Division Manager Derek Jennejohn, P.Eng. derek.jennejohn @ metrov_ancouver.orq 604-436-6744 Senior Project Engineer, Air Quality Policy & Management Metro Vancouver 3.1 Deep Roots Greater Heights TO: FROM: SUBJECT: ' District of Maple Ridge His Worship Mayor Ernie Daykin and Members of Council Chief Administrative Officer DATE: October 19, 2010 FILE NO: E05-011-016 ATTN: Workshop Stormwater and Drainage Utility Examination Update EXECUTIVE SUMMARY: In April, Council directed staff to investigate and develop guiding principles for a Stormwater and Drainage Utility. The Engineering Department conducted research and evaluated various drainage utility models and examined Maple Ridge's current management and funding model. From this review a set of guiding principles were prepared and circulated to various departments for review. The review highlighted a growing focus and need to rehabilitate and upgrade existing infrastructure as well as complete infrastructure systems. There are currently a number of gaps in the storm sewer system where pipes of facilities are required. Currently, the funding of stormwater operation and maintenance activities within Maple Ridge is from General Revenue. Upgrades of existing facilities, as a result of development activity is funded in part by Development Cost Charges, while General Revenue and Infrastructure Sustainability Reserve fund the replacement and improvements of existing facilities. The current five year plan insufficiently funds the necessary capital needs. As well, additional funds are needed to develop longterm asset management plans. As a first step towards a dedicated stormwater utility to fund stormwater improvements, staff are proposing that a stormwater facilities levy be submitted as part of the 2011 Business Plan, to be considered by Council in the context of the Financial Plan and the other needs of the community. A levy in the short term, allows for access to general revenue funds to bridge large capital projects and address emergency needs. It also does not change the current allocation of stormwater costs among property owners. This annual levy, if approved by Council, will be used solely for the purposes to upgrade and replace existing stormwater and drainage facilities, and will be reviewed annually by Council. This report provides an update on staff's review of a stormwater utility and informs Council that staff will be proposing a stormwater facilities levy for Council's 2011 Business Plan consideration as part of the District's longterm Financial Plan. RECOMMENDATION: This report is for information. 4.2 DISCUSSION: a) Background Context: Stormwater and drainage facilities provide for the protection of property and the natural environment. Much of the infrastructure is beginning to require not only replacement, but upgrading. Some of this has been influenced in recent years by provincial government regulations and guidelines that view stormwater as a resource and stewardship responsibility. This has required municipalities to spend a great deal of time, effort and money in upgrading and rehabilitating the stormwater collection systems, and to think about the possible need to treat stormwater as is the case with sewage. These responsibilities are also established in part in Metro Vancouver's Integrated Liquid Waste and Resource Management Plan. The challenge for stormwater management in Maple Ridge is multi -dimensional. The built systems are aging, and the natural systems (creeks and rivers) require upgrades to accommodate changing flows and enhanced retention, detention and bio-filtration and drainage systems. Whether through climate change or other factors, the need to mitigate against flood events and the protection of public and private property has become prevalent. Stormwater infrastructure has many similar components as water and sewer infrastructure. However, unlike the water utility and sewer utility, stormwater and drainage improvements rely on general revenue for funding. There is growing competition for General Revenue funds. This has resulted in limited opportunities to plan and implement capital projects and a very long project cycle. A number of Metro Vancouver municipalities have concluded that dedicated funding for stormwater and drainage infrastructure improvements makes sense. Different models exist from a specified levy to full blown utility. Based on Maple Ridge's needs, the introduction of a stormwater levy appears to make sense as a first step towards a stormwater utility. The advantages of phasing in dedicated funding through a levy include: • The targeted additional revenue can be assessed in the context of all of the District's priorities • Allows a phasing in of capital and replacement improvements • Allows for a transition period to meld existing funding with new funding into a comprehensive utility • Allows a period of assessment on how the strategy is working • Allows for an adjustment period for citizens • Provides for immediate funding should an emergency arise Principles of a levy Should Council approve a levy, the recommended principles for the levy are as follows: 1. A stormwater facilities levy has to be considered in the context of the corporate financial plan and other community needs. This principle allows Council the ability to assess levies not is isolation but in the context of the corporation's overall finances and strategic plan. 2. A stormwater facilities levy will be used solely to upgrade existing stormwater and drainage facilities and to install new infrastructure where they are needed to improve service deficiencies within the drainage system. There are cases when facilities are needed to complete infrastructure gaps or re-route storm flows for the District's benefit. For example, there are places where a storm main is required to adequately drain a road and if constructed would allow the District to re- distribute stormwater flows, but residents are not willing to fund it through a Local Area service. In addition, the District may wish to upgrade structures, such as culverts to achieve environmental goals such as increased fish passage. These projects would be funded through the levy. 3. The levy will be assessed on an annual basis. To make it simple for residents to understand, the property owners will be levied in the same manner as the existing levies. 4. The levy for each year shall have specific identified projects, work plans and associated budgets. The levy shall clearly identify the projects that are to be funded to ensure transparency and public accountability. This may also be used by Council to determine the success of and performance using the ievy. Business Plan/Financial Implications The introduction of a stormwater levy cannot be decided on in isolation. It must be assessed in the overall context of the District's Business Plan and financial priorities. During the upcoming Business Plan process, how a levy fits into the overall financial plans will be presented for Council's consideration. In addition, the levy and projections over the five year will also be presented. Should a levy be created, the following table illustrates the level of funding and program that could be achieved, even over a 3 year period. Year 1 Year 2 Year 3 Total Number of District Parcel Folios* 26,468 26,865 27,268 N/A OPTION A - Levy starts at $5 Administered Drainage Levy $5 $10 $15 N/A Drainage Levy Collected $132,340 $268,650 $409,020 $810,010 Example Levy Capital Program $130,000 $270,000 $400,000 $800,000 OPTION B - Levy starts at $10 Administered Drainage Levy $10 $20 $30 N/A Drainage Levy Collected $264,680 $537,300 $818,040 $1,620,020 Example Levy Capital Program $260,000 $540,000 $800,000 $1,600,000 OPTION C - Levy starts at $15 Administered $15 $ 25 $35 N/A Drainage Levy Drainage Levy Collected $397,020 $671,625 $954,380 $2,023,025 Example Levy Capital Program $400,000 $600,000 $1,000,000 $2,000,000 * Excludes properties that are exempt from taxes and allows for an annual growth rate of 1.5% A sample list of potential projects currently in the long term capital plan (beyond 2015) is provided as Appendix A. b) Desired Outcome: The desired outcome of this report is to update Council's on staff's review of a stormwater utility and identify to Council, staff's desire to proposing a levy as part of the Business Plan. c) Strategic Alignment: The District's Corporate Strategic Plan's financial management vision and strategies promotes the examination of user pay approaches and sustainable infrastructure. Examining how to improve and stabilize funding for improving stormwater facilities is in alignment with this direction and a levy is a step in that direction. d) Citizen/Customer Implications: Should Council approve a levy during the Business planning process, staff will need to prepare materials and present information to the public and stakeholders that explains the approach and its advantages and disadvantages. e) Interdepartmental Implications: The establishment of a stormwater levy will require the involvement of the Finance Department. f) Alternatives: The alternative is to continue to manage stormwater and drainage infrastructure in the same manner as currently. This will lead to chronic underfunding of the infrastructure. CK�1►L�i�1�yN1►6� Council provided direction in April to examine a stormwater utility. Staff have examined a number of utility models and propose that instead of a utility, a levy be presented to Council for consideration in the upcoming Financial Plan. Prepared by: Stephen Judd, PEng. Manager of Infrastructure Development Reviewed b :, An rew ood, PhD., PEng. Municipal Engineer f Financial Review'by. Paul Gill, BBA, CGA Genedl MaDner: CorrweraTC-a Financial Services ti Approved fay Frank Quinn, MEW, PEng. General Manager: Public,Nbprks & Development Services Concurrence: J.L. (Ji ) Rule Chief Administrative Officer AW/mi APPENDIX A EXAMPLE PROJECTS CURRENTLY IN THE LONG TERM CWP BUDGET 245 ST (105 AVE - 106 AVE) $ 127,674 LAITYVIEW STORM SYSTEM PLAN $ 66,000 217 ST CREEK (126 AVE - 128 AVE) $ 20,000 244 ST (102 AVE - 102B AVE) $ 53,197 HORSESHOE CR. CULVERT UPGRADE (@ 112 AVE) PHASE 1 $ 297,530 224 ST (125 AVE - 126 AVE) PHASE 1 $ 300,000 ACADIA ST (100M W DOVER - DOVER) $ 40,000 LANE N SELKIRK (222 - 223) $ 63,909 ACADIA ST (100M W DOVER - DOVER) $ 40,000 LORNE AVE (205 - DARTFORD) $ 289,674 BROWN AVE (227 - 228) $ 379,066 132 Ave (236 - 239) $ 832,539 LOWER HAMMOND PUMP STATION - PHASE 3 $ 2,149,299 232 St @ 122 $ 151,286 GARDEN ST (DTR - 270M N) $ 102,463 TOTAL $ 4,912,637 deep Roots Greater Heights TO: FROM: SUBJECT: District of Maple Ridge His Worship Mayor Ernie Daykin DATE: and Members of Council FILE NO: October 21st, 2010 Chief Administrative Officer ATTN: Council Workshop Award of tenders for construction of North Alouette River Greenway Bridge Abutments and Vernon Trail Bridge Replacement EXECUTIVE SUMMARY: Tenders for the construction of bridge abutments on the North Alouette River, and a replacement bridge on the Vernon Trail capable of supporting pedestrian and equestrian traffic were received on October 19th 2010. Four bids in compliance with the tender documents were received for the Vernon Trail Bridge Replacement, and three compliant bids were received for the North Alouette River Greenway Bridge Abutments. One bid received was non compliant. The costs for this project have exceeded the preliminary estimates, and additional funding is being requested to complete these projects. RECOMMENDATION(S): 1) That the Corporate Officer be authorized to enter in to an agreement with M21K Construction Ltd. for the construction of: a) Tender PL10-179 the North Alouette River Greenway Bridge Abutments for $353,301.25 plus HST, and b) Tender PL10-187 Vernon Trail Bridge Replacement for $118,243.00 plus HST. 2) That Staff be authorized to reallocate $300,000.00 identified in the 2011 Parks Capital budget, for a project that is not longer required, to this project in the 2010 Parks Capital program, and 3) That Staff be authorized to amend the Financial Plan and the Development Cost Charges Bylaw to reflect this change. DISCUSSION: a) Background Context: Council authorized staff to proceed with the North Alouette River Greenway (NARG) Bridge Crossing Project in January 2009 as support for an application for a Local Motion Grant administered through the Provincial Ministry of Community Development. The application was submitted requesting Page 1 of 4 4■3 $49,500 which was the maximum funding that could be requested without having a detailed design to submit with the application. On March 315t2009, the District received the full grant request. In April 2009 the District retained a consultant to conduct a feasibility study of a shared pedestrian and equestrian bridge over the North Alouette River in the vicinity of 22000 block of 136th Avenue, north of the Maple Ridge Equi-Sport Centre. A preliminary budget was prepared based on a concept that the bridge crossing would occur off of the Trethewey Edge dike connecting to the existing trail surface. Preliminary figures for budgeting purposes suggested this crossing would cost $176,500. In June 2009 Council authorized staff to proceed with a Recreational Infrastructure Canada (RInC) Grant application for three projects, the NARG bridge crossing, the Vernon Trail Bridge, and a trail head, all in the vicinity of the North Alouette River Greenway. The total cost for the three projects was estimated at $500,000 as indicated in the grant application. On October 15t", 2009 the District as notified that they would receive $165,500 in funding from the RInC program for the three proposed projects. Following the completion of the feasibility study for the NARG Bridge Crossing a conceptual design was prepared for discussion with stakeholders and sharing with the public. As the design concept would involve the Trethewey Edge Dyking District (TEDD), with a portion of the bridge being supported from the dike, a discussion with the directors of TEDD was held early in 2010. Although the TEDD directors were in support of the bridge and trail connections that would be available to the equestrian community, they did not support having the bridge structurally attached to the dike, and denied permission to build the bridge on or close to the dike As a result a decision was made to investigate alternative locations for the crossing that would not involve the dike structure. The alternative locations all would require the construction of two abutments that would raise the underside of the future bridge structure above the adjacent top of dike elevation to insure the bridge deck will not be affected during a significant flood event. The addition of the second abutment would increase the estimated cost of the NARG crossing, however it was anticipated that this extra cost could be accommodated within the recent estimates used for the RInC application. The Consultants determined a new crossing location based on access, the river pattern, and where the new structure would have the least impact on river flows. A new concept plan was prepared and this was shared with the public at an open house in June 2010. The design focus was to avoid the need for any in stream works thereby reducing the impacts on the watercourse and the need for an authorization from the Department of Fisheries and Oceans (DFO) for a harmful alteration, damage and destruction of a water course. This required the bridge abutments to be completely outside of the normal river channel and would also permit construction to occur outside of the seasonal "Fisheries Window". Comments received at the June open house focused on what impact the bridge structure would have on restricting the flow of the river especially during periods of peak flow. This concern was common to residents living in the floodplain up stream of the proposed crossing location. Residents living in this area suggested that the crossing should not proceed until completion of the North Alouette River study and flood mapping program that was being prepared for the District of Maple Ridge. As this study was not scheduled to be completed within the time frame of the grant programs, it was decided that the same Hydraulic Consultants working on the flood mapping and river modeling program would be retained to complete an analysis of the proposed bridge and abutment design. As Page 2 of 4 the river modeling program was still in development the analysis could not be completed until early in September. The Hydraulic Engineer completed the analysis of the design that had been prepared based on the June concept. The results of the analysis using the model indicated that the impact of the proposed bridge would be limited to the local area around the bridge. For the 10-year and 100 year flood event, no measureable changes to water level were seen more than 75 m downstream or upstream of the proposed bridge site. Frequent smaller events (2-year) will be contained within the active channel and will not be affected by the proposed bridge. Following review of the design by the Hydraulic Engineer some revisions were discussed with the Structural Engineer (lead on the project), the Geotechnical Engineer, and the Environmental Consultant. All of this input from these design professionals has contributed to a very specific design for a specific location on the river. This process has also identified and addressed issues that were not considered in the initial design concepts or included in the preliminary cost estimates, such as long term river bank scour and this effect on the abutments. As a result the design is more complicated incorporating and increased scope of work than was initially considered and this has had an effect on significantly increasingthe costs of the final design as reflected in the tender prices. Until the design of the NARG abutments was completed we did not proceed with the separate tendering for the off -site fabrication of the bridge structure. It is anticipated that the bridge structure will be tendered in November for delivery in early 2011. During the development of the NARG concept plans and detailed design process, the Vernon Trail Bridge design proceeded. A bridge has been fabricated to specifications prepared by the consultant, and tender PL10-187 includes the installation of this structure on the bridge abutment design. The increased cost of this project can be attributed to the addition of a water main utility that was not originally considered in the initial design. The water line extension across the bridge is intended to provide municipal water service to adjacent lands that were a condition of the recent land exchange with, the District of Maple Ridge, the City of Pitt Meadows and Biln Farms Ltd. b) Business Plan/Financial Implications: The three compliant bids received for Tender PL10-179 North Alouette River Greenway Bridge abutments ranged from the low bid from M2K Construction Ltd. of $353,301.25 to a high of $525,944.65. The four compliant bids received for Tender PL10-187 Vernon Trail Bridge, ranged from the low bid from M21K Construction Ltd. of $ 118,243.00 to a high of $225,817.00. The budget for the NARG Bridge and abutments $285,512 Tender amount abutments only $353,301.25 Estimated bridge and contingency 100,000.00 Subtotal $453,301.25 Additional funding required ($167,789.25) The budget for the Vernon Trail Bridge $ 81,000 Page 3 of 4 Tender for bridge and abutments $118,243.00 Bridge (actual) 26,000.00 Subtotal $144,243.00 Additional funding required ($63,243.00) CONCLUSIONS: These projects will complete an important pedestrian and equestrian connection for the community. With the support of $215,000 from senior levels of government through two grant programs the District will realize a significant benefit for the recreational trail system. Prepared by: Bruce McLeod, MBCSLA, Manager of Parks and Open Space i Approved by. Xelly Sw ft, GeWral Manager Community Development Parks and Recreation fiL Approved by:'Paul Gi , General Manager Corporate and Financial Services Concurrence: /J.L. (Jim) Rule !Chief Administrative Officer bmd Page 4 of 4 Deep Roots Greater Heights TO: FROM: SUBJECT: District of Maple Ridge His Worship Mayor Ernie Daykin and Members of Council Chief Administrative Officer DATE: October 20, 2010 FILE NO: ATTN: Council Workshop Lower Mainland Municipal Tax Increases and Development Cost Data (Revised) EXECUTIVE SUMMARY: Over the past several months, Council has received comparative information about the property taxes that we charge. The data indicates that residential taxes in Maple Ridge are amongst the lowest in the region. Further, the property tax burden to the Commercial and Light Industrial Classes in Maple Ridge is very competitive. While the taxes we assess the Major Industrial Class are above average, we have made significant improvement in recent years and we may be able to accommodate further improvements in our 2011-2015 Financial Plan. Two other pieces of data have come to our attention. Firstly, we conducted a survey of the municipal tax and utility rate increases experienced by the average home in area municipalities. Our analysis was somewhat complicated by the fact that a number of municipalities send out separate bills for their utilities while others, like Maple Ridge, include the utilities on the tax bill. Our survey attempts to report the total of these increases. The second piece is a development survey conducted by NAIOP, a commercial real estate development association. While the information is about a year old, it is information that Council should be aware of. An update of this information is expected later this year and it will be forwarded to Council upon receipt. RECOMMENDATION(S): Receive for information. DISCUSSION: Municipal Council is responsible for making sure that sufficient revenue is collected to provide the services needed by our citizens. In doing this, Council takes care in making sure our taxes and fees are reasonable. Throughout the year, Council receives business plans explaining the services provided and the cost implications of them. As well, Council receives comparative information about the property taxes that we charge. These surveys demonstrate that the tax burden in Maple Ridge is very reasonable. Two additional pieces of data have since become available and we will comment on each of these separately: 4.6 DISCUSSION (Cont'd.): 1. Lower Mainland Municipal Property Tax and Utility Charge Increases. There is considerable variation in the services provided by Lower Mainland municipalities. For instance, some have fully paid fire departments, others have volunteer departments and others have a composite model. There are also variations in the solid waste collection area: Some communities provide garbage pick-up as well,as a range of recycling services. Not only do the types of services offered vary, the method by which these services are provided also varies. Some use their own employees, others contract out with the private sector, while others use the services of not -for -profit agencies. The way these services are paid for also varies. Some municipalities send out separate bills for utilities while others include them as part of the annual property tax bill. As a result, there can be some confusion when trying to compare the amount of the increase from one community to the next. In our survey, we looked at the impact to the average home of the services provided by the municipality, without regard to the timing of the bill. While the data does not account for the differing service levels from one community to the next, it does show the overall increase in municipal charges. We used data from BC Assessment to produce this information and municipalities were given the opportunity to review it. Table 1: Municipal Property Tax and Utility Rate Increases 2010-2009 2009-2008 West Vancouver 3.2% 7.2% New Westminster 3.7 6.0 Maple Ridge 5.7 6.1 Richmond 5.9 6.8 Delta 5.9 5.6 Port Coquitlam 5.9 7.6 Surrey 6.0 9.4 North Van Dist 6.6 5.4 Pitt Meadows 6.7 12.7 North Van City 6.8 5.0 Burnaby 7.4 6.5 Vancouver 7.7 10.9 Coquitlam 7.9 10.2 Port Moody 7.9 7.7 Mission 8.2 10.9 Langley Township 8.3 6.3 In 2010, the average home in Maple Ridge experienced a 3% increase in taxes for general municipal purposes. There was an additional tax increase of 1% so that we could begin to spend more on keeping our infrastructure in a better state of repair. The continued implementation of the Fire Department masterplan, and the utility rate increases resulted in the 2010 municipal levies to the DISCUSSION (Cont'd.): average home increasing by $129 or 5.7% over 2009. This was amongst the lowest increases in the lower mainland. The tax increases in the region range from a low of 3.2% in West Vancouver to a high of 8.3% in Langley Township. Having said this, focusing on the amount of the increase only tells part of the story. The absolute amount paid is also important. In this respect, the survey that we conducted earlier this year showed that Maple Ridge charges to the average home were the third lowest while West Vancouver was the highest and New Westminster was the third highest. Based on the foregoing, the property taxes assessed to the Residential Class as well as the amount of these increases in the past two years are amongst the lowest in the area municipalities that were surveyed. 2. NAIOP Industrial Development Cost Survey This is an annual survey that was last conducted in the Fall of 2009. Data is collected from the surveyed municipalities, based on the following industrial development scenario: • 100,000 square foot distribution warehouse • 5.5 acres of land • 15,000 square feet of office space • Rezoning, subdivision, development permit and building permit required Municipalities were asked to provide information on their approval times and development costs for such a project. While some of the data is empirical as it is obtained from fee schedules and municipal bylaws, other data that is time framed is more subjective, dependant on the party providing the data and is hard to verify. i) Approval Times The approval times are provided to NAIOP by each individual municipality and include pre -application time as well as time for the rezoning, development permit, subdivision approval and building permit processes. While some of the time is under the control of the municipality, a portion of the time is dependant on the time that the applicant takes to fulfill his requirements. The data we supplied is based on our experience over the years and reflects our estimate of the time required to complete the process, including the time taken by developers to complete after third reading. Whether other municipalities use the same methodology is not clear. The veracity of these timelines would be borne out by feedback from the development community to NAIOP. DISCUSSION (Cont'd.): Time Ranges vs Absolute Times Municipalities choose to submit the processing timeline in different ways. Some provide an absolute time whereas others submit a range of timelines. Maple Ridge submits a range based on its experience in that no two applications are the same. For straight forward applications we estimate a processing timeframe of 120 days. For complex applications or applications where outside agencies are involved beyond the control of the applicant or municipality a file may take up to 210 days to complete. The time estimates for the surveyed municipalities ranged from a low of 90 days in Abbotsford and Chilliwack to a high of 270 days in Vancouver and the City of North Vancouver. Maple Ridge estimated that it would take 120 to 210 days to complete depending on the issues and complexity of the project. On the summary chart in the NAIOP report however, the lesser time frame of 120 days is ignored while the timeframe for more complex projects is used. This provides an inaccurate ranking for those municipalities that have chosen to provide a range of times rather than an absolute. Using a range of timeframes as the true measure, Maple Ridge's time frames are in the ballpark with the majority of Metro Vancouver municipalities. NAIOP is gathering information for its 2010 report, so we contacted them to see if more up to date information was available. We were told that of the 20 jurisdictions that are included in the report, five will be reporting an increase in the amount of time required for approvals. One will be reporting a decrease from 270 days to 240 days. Maple Ridge reported no change. We contacted two municipalities and asked about the increased processing times and were told that the data reported previously was incorrect. This is one of the difficulties with collecting data that is difficult to verify and reliant on the provider. ii) Municipal Development Fees Development fees, which include local Development Cost Charges (DCCs), range from a low of $162,383 in Burnaby to a high of $879,264 in Richmond. Maple Ridge's fees are quoted at $246,323 which was the fourth lowest. Burnaby, does not have local Development Cost Charges for this type of development while in other municipalities, these charges range from a low of $19,166 in New Westminster to a high of $749,000 in Richmond. Maple Ridge DCCs at $129,042 are amongst the lowest. DCCs reflect the cost of certain additional offsite infrastructure that must be provided as a result of development. This is why DCCs vary, depending on where a community is in its development cycle. Communities with more established development patterns will generally have lower DCCs than those developing in growth areas. DISCUSSION (Cont'd.): The following table looks at the fees alone, after taking out DCCs: Fees DCCs Fees net of DCCs Burnaby $162,383 (1) 0 (1) $162,383 (14) New Westminster $183,262 (2) $ 19,166 (2) $164,096 (15) Port Moody $236,365 (3) $115,736 (4) $120,629 (7) Maple Ridge $246,323 (4) $129,042 (5) $117,281 (6) Port Coquitlam $248,458 (5) $ 96,521 (3) $151,937 (13) Chilliwack $291,897 (6) $207,259 (8) $ 84,638 (1) Mission $318,845 (7) $179,111 (7) $139,734 (11) Delta $321,617 (8) $219,893 (10) $101,724 (3) North Van Dist $331,695 (9) $161,026 (6) $170,669 (18) Pitt Meadows $360,359 (10) $244,834 (12) $115,525 (5) Abbotsford $363,505 (11) $274,820 (13) $ 88,685 (2) North Van City $364,067 (12) $212,737 (9) $151,330 (12) Vancouver $404,790 (13) $240,000 (11) $164,790 (16) Coquitlam $438,199 (14) $323,570 (14) $114,629 (4) Surrey $517,152 (15) $391,732 (15) $125,420 (9) Langley Twp. $550,950 (16) $430,034 (16) $120,916 (8) Langley City $594,351(17) $429,398 (17) $164,953 (17) Richmond $879,264 (18) $749,000 (18) $130,264 (10) If we remove the impact of DCCs, the ranking of some municipalities changes drastically. For instance, Burnaby, which is shown to have the lowest fees inclusive of DCCs, drops to 14th in ranking. Maple Ridge is the only community which ranks in the lowest third in all three categories. The report also looked at the increases in fees since 2001 and concluded that Maple Ridge fees increased by 51%. We do not have the details behind the 2001 numbers but surmise that a large portion of the increase is attributable to DCCs. This should be expected as the cost of construction increased very significantly over the time period covered by the survey. It is interesting to note that only four municipalities had smaller increases than Maple Ridge. In 2009, all four of these municipalities still had fees that exceeded ours. CONCLUSION: Residential property charges in Maple Ridge, as well as the rate by which these have changed in recent years, are amongst the lowest in the region. Further, our development fees are very competitive. Our development processing times on first blush seem to be on the high side. As stated at the outset, the source of this information is difficult to verify. (',I. r b Prepared : Paul Gill GM: Corporate & Financial Services Concurre�ce: J.L. (Jim) Rule Chief Administrative Officer ve _`_4u. W�it METRO VANCOUVER CHAPTER Municipal - Development Costs New this year: A Ksturical comparison of the actual msr hcreases W the CPI from the surveys inception in 2001 Some Positive Highlights to Note: ■ 3 [Jtles, Vancouver, Cagpidam and Port Moody have iovvered their costs since 2001 i Processing tunes have remairwd generally stahie with increases in only 3 municipaiitles ■ Cne riunidpality, the District c- tLlorhVencouver 1:as reduced; processing tines by 2 months and the District Mission has posted a 1 month reduction. 13 cities, 8umahy, Delta and Rldirnnnd hiave:llmimd test increases to between 2 and 3 percerr Some Not -So -Positive Highlights: T Must of the Municipalities have posted creases inze 2001 equivalent to retvvaen 2 and 3 times CPI 7 .8utncattp New Westminster vancivver,PittMeadaws,i gley City and Richmond -posted, increases1antiln0ftni 4 times lc, 1 q lirfte5 Chi? LPf idle. T Develrip 7e:1r cost rharge5 contl nut to increase En15 oS:ihe 1.8 citi25 m5ponding the survey. Factold ■ At $20.4,000, the gap ksveen iha lowest out ntunrdpaliti (at $163,OUO) and the avamll average{at i378,O0q{has . reitialned constant for The fits time. in bee surrey's history. 'LOTH ANNUAL Regional INDUSTRIAL Development Cost Survey Fall 2009 The Vancouver Chapter of NAIOP is pleased to present the 2009 edition of their Commercial and Industrial Development Municipal Cost Survey eth a global recession starting to rrmdr, our federal budget in its first deficit since 1995 and facing the largest deficit in the history of our Province. the demand for Industrial development and space has remained robust and stable, proving its worth as a hedge both against inflationary and deflationary forces battering the markets. However, there are storm clouds on the horizon as a looming supply of new speculative space coming to market at the time this publication went to press is expected to increase upward pressure on vacancy rates and the stability of the rental rates in the short term. The Survey, which is distributed to 20 communities within die Lower Mainland, requires each municipality to identify the costs and processing times associated with the parameters of the case study outlined within this article. For 200% the development project was, as per the previous Surveys, the construction of a single storey. 100,000 square foot distribution warehouse on 5.5 acres of land requiring both subdivision and rezoning. Recognizing the sign ificantjump in construction escalation that had occurred since the inoeptian ofthe Survey, in 2007 rbe constntction costs of the project were increased to match marker condisions to creatr a realistic baseline. Using this baseline, NAICIP is able to compare and conrran growth in both fees and application times across the region in the srimous two years. As this is the five year mark, for the bi-annual industrial survey, we thought it would be interesting to show the costs we first reported back in 2001 at the Survey's inception to give some historical interest of the increases (or decreases) compared to the CPI which has ranged between 1.0% and 3.4% since 2001 and averaged 1.9% during the time period. We are sure you will find these particular results quite informative. In producing this annual publication, NAIOP strives to provide its membership and the business community as a whole with a reference tool that quantifies the costs and processing times associated with typical development projects within Lower Mainland jurisdictions. Moreover, we believe the Survey can be utilized by the municipalities, whose active participation makes this survey possible. as a gauge for their own development costs and approval processes. 1X Survey Scenario 3 Market Overview 5 Municipal Fees g Timing 8 MtrnicipaI Flees and Approval Titnes g Tact Writeup 12 Industrial to ReMdetrtlal Mill Rate Ratid — 2607 13 Move'fowards Green 14 Acknowledgement is A dynamic blend of retail, office, health and residential space encompassing 1.395 million square feet of buildable area on nine acres next to the Royal Columbian Hospital in New Westminster. A vibrant, diverse and accessible urban community A new location for health care A unique retail district A great place to work An extraordinary place to live Phase 1 Construction Construction begins early 2010 115,000 square feet Retail anchored four -storey commercial building MAKE THE CONNECTION - retail space for lease www.thebrewerydistrict.ca - strata office space for purchase 6046941188 Reg;una:` industric;! rsevelopmem C.cst Sumer; — Fat@ 200c is pear:, survey is ; based on an industrial a i�rrNoFaii - - development scenario, ■ YAHcuuvrF similar to the scenario tested ■ in 2001, 2003, 2005 and 2007 -- the construction aunHanr ■ate c y of a 100,000 square foot ■X.. ■ r distribution warehouse w""r'mo"' on 5.5 acres of land. The nHu ■ euA2er son a•4 rn:<,;o, development also includes necrA ■ . ■ 15,000 square feet of ■ ■ office space within the aNnuv warehouse. Municipalities received a "development proposal' where rezoning, " subdivision, development permit and building permit opportunities in their respective approvals would be required. They then jurisdictions. reported ott development costs and approval All municipalities were provided with times according cc their usual standards and an opportunity to review and comment processes. on the results prior to publication. Please 20 municipalities were sent the survey note that the survey results are based solely representing a real life situation in a mock on the responses of the municipalities. development scenario, intending for them to The Metro Vancouver and Fraser Valley run this request through their approval time District water and sewer charges have been line and assess overall cost requirements. broken out as separate items for comparative. "['his level playing field provides purposes but have not been included in meaningful comparison to actual building totals due to regional variation in methods and development permit requests made for calculating these items. Due to a lack by industry, and holds municipalities of consistency in reporting of returnable accountable for delivering on promises letters of credit and security deposits, this to efficiently process development information has not been included in this Win a Prize - Sign Up Now! Sign up for our email distribution list and your name will be entered in our prize draw for an Outerboundary SMARTech-jacket. Visit www.csabc.ca for more info. CSA The Construction SafetyAzsociation of British Columbia /// building safety through training x, ■ CHILIWACS ABROT5r6HB :.12 ■ c►S�ca years survey and the next survey will be modified to break out a separate category for these refundable deposits (See detailed tables on pages Subject Property is currently: • Not subdivided • 7oned Residential • 6.0 Acres Development Proposal • Single storey 100,000 square foot concrete tilt -up building with 15,000 square feet of mezzanine office space * Interior lot with 490 feet of frontage on dedicated municipal roadway • Net size of 5.5 acres after road and other dedications Required Municipal Processes • Rezoning • Subdivision • Development Permit • Building Permit Construction Costs • $79.50 PSF for the Building (57.950,000) • $7.50 PSF for site improvements ($750,000) • $750,000 for street and drainage improvements (nor DCC rebatable) peap e. , lding. progress. T'WPLE G rowI nq rel z tlur:s h i rss bulk i. do equaiky. in eeg rl ty ana reslne C:. BUILONG P14aVidlr•.q value --added, 0F'AVAI CSn tvactln9 and tiesign- oulld serv:fvs- PROGRESS I.edding the way wllh InsplFed- col laborativa sn lutions stuart olson www.stuadoIson.cam Calgary, !-amantor:, VarIC011lFr. Saskataon. Worldwide Expertise in Office or Industrial Space RE/MAX agents have the global reach to help you make informed decisions in • Commercial real estate sales or leasing • Property management • Land development • Office or industrial space • Farms and ranches In 2008, in Western Canada alone, RE/MAX Commercial agents completed over 2,500 transactions resulting in over $1.5 billion in sales volume. { r F Locate a local RE/MAX agent at: COMMERCIAL EucM1 oMcO rs rrdepuntlu,rtly ownN aM opemtH Fegiotssl in ustr'fta! Dev,ek)prnsnt Cyst .wur've.v — Fali 20G5 5 Economy A worldwide trend of decreased economic activity has been d;recth• reflected in BC as consumer spending and provincial exports have both decreased. Many of the contracting trends displayed in previous quarters —including unemployment, GDP, capital access, and investor confidence —persisted through the second quarter. At the conclusion o{'2008,13Cs GDP was down 0.3% from the previous year, the first year - over -year decrease in over 25 years. This figure is projected to decline further in 2009 to -2.5%, matching the national figure. Employment in the province was down 2.5 percentage points year -over - year through May. The largest segment affected by this drop in employment was construction. This indicator can be directly related to the decreased housine starts experienced in the quarter. Housing starts reached levels not seen since the beginning of the 1980s. Economic conditions are predicted to improve as the 2010 Olympics approach and both the goods- and services sectors experience a boost in revenue. Overview The Vancouver industrial market continued to see vacancy rates and vacant space increase over the quarter. The contracting economy has forced companies to delay spending activity, lay oft employees and consolidate. affecting real estate: requirements throughout the region. Decreases in container movements through the Port of Va icouver have also contributed to slowing demand for warehouses. Lagging the current economic conditions, Vancouver experienced an increase in both construction completions and absorption over the quarter from space decisions- made prior to the economic change. Vacancy rates increased in the region for the second straight quarter to 4?°in, up from 3.6%. Vacancy rates climbed more than an entire percentage point in the Fraser Valley municipalities, compared to just three tenths of a percentage point in the Lower Mainland. This discrepancy an be explained by the large amount of space becoming available in these areas (notably Gloucester and Campbell Heights). Lease rates have remained stable over the last quarter in the range of $6.85 to $10.00 per square foot (psi). Despite rising vacancy rates pressuring a tenant - favourable market perspective, the large amount of new supply commanding higher rental rates has enabled lease rates to remain stable. The overall average net rental rare remained at $8.70 psf berween the first and second quarters. The level of construction completions rose from 730,000 square feet (sf) in the first quarter to over 1,840,000 sf in the second quarter. This inventory surge is represented in Port Coquitlam and Richmond, which added nearly 1,370.000 sf. This rise in construction completions accounts for the quarter's rise in positive absorption. Absorption rose to over 670,000 sfofspace, compared to negative 42,000 sf only one quarter earlier. NAIOP p¢iaa r'w wco�r ¢A ,1• ¢a.abt>.� 2007 2668 -2R09F GUPGrow;r 2-&°ii' t,f°ee -t?.9°I� CPI Growth 2.1°(0 2,3°k G.9°lo Unemploymm; 4.0% 4.3�o 6.2% Employment Growth 3.0% 1.1 % f -0.5% Source: Conference Board of Canada OVERALL RENT VS. VACANCY $10 5% $8 4% x� $6 3% $4 2% $2 1% U% 2Q07 4Q07 2Q08 44208 _ 2Q08 LEE Rental Rate -6- Vacancy Rate Outlook Vacancy rates are expected to continue trending upward as the global and domestic economies continue to seek traction. This is going to place increased pressure on rental rates that have thus far proven stable in a struggling market. Furthering this contracting trend, a supply in excess of 1,220,000 sf is slated to come to market by October, nearly a quarter of which is being built without lease commitments. This extra inventory will further affect the market as demand for space remains low. Many predict that the approaching 2010 Olympics will provide needed short-term, but not sustained, economic stimulus to the area, given that much of the Olympics -related construction is already at or near completion. The contracting economy has forced companies to delay spending activity, lay off employees and consolidate, affecting real estate requirements throughout the region...-- Regional IndustrW Deve;-,prune Cast Sure+ev — Falb 2CJS1 rgam,` yl ',Et 1 _ NAOP •y.Twa •wFevfrver � �NYTLF dlil'Yt31�691�i1'kBi f M1iC�iry = QltiiiA Ylra+s9 HIIR ]Yfi►Ohnia Enei {Illii a3tr Co t9eslMl Cmn'W1ul Ceagle N" LYiFill lliplRdle ' Lid PIlLp Abbotsford 6,777.235 2.8°r% $6.25-8.50 35,000 10:,.(rU0 155,282 8825,000-1.000,0000 Burnaby 27,193,454 41.5°i6 $7.50-12.00- 915,979 135,545. (493,898) $11300,000-1,600,000 Coquillani 7,345,566 I 4.790 $7"Sn= o-.o-o- 0 I 0 (108,945) $1,200,000-1,500,000 Delta 19,92-3,696 8,2% $6.00-900 p 0 [725,2111 5950,000-1,300,000 Langley 15,359,501 4-$% $600-9.00 42,290 0 464,582 $1,000,000-1,500,000 Mauls Ridgd 2,480,858 41% S6.00-9.00 0 43,0570 256,E38 $675,000.1,000,000 New Westminster 4,375,230 ' 1"3k 55.75-8.00 i 0 0 t45 a10 $1,000,000-1,200.000 North Shore 5,395,726 4.3°h $1fl.40=1$.04 p 0 (175,579] $2,000,000-2,F300,000 Port Coquitlam 5.974,832 3.51A $8.00-9.50 0 564,000 560,876 $1,100,000-1,400,000 Port Moody -_ �904,444 - 4-0% $6.56-7.50 .0 0 55,197 $60171000-1.0001000 Riehmond 35,522,888 2-0 % $6.00-9.50 452,345 804.180 1,462,691 $950,000-1,400,000 Surrey 28.571.902 4.9% 56.50-9-fm 963,43& 194,281 (423,8$6j $1..100,000-1.;600,01)0 Vancouver 23,007,122 3-4% $7.00-13.00 75,376 0 (304,076) $1,500,000-2,500,0010 MElR4.T4FAL 182.831,5.v4 4.295 2.484,42B ..- ".. 4 Rental Was reflect$psf/year FIND OUT MORE ABOUT US AND OUR CURRENT CAREER OPENINGS AT WWW.OMICRONAEC.COM Reqionai Industrial Development Cost Survey — Fall 2009 El. F 41 . LUL S, pr( 5bit evis a i c a I bry and, t ou:' A i e ..Envir e Envir t I inc. "I -. . . A-1. an _s .0 on d.platinum Or 01. A ry toad. U a BCIV 3 15M so- NNersiorra4 tndc;striai Geveir n-tert Cost Survey — Fail 2009 N.A10P �k mom l0creaseirvm20H7Survlry 1 Sewer and water hookup tees are estimates only. Actual hookup done at cast Decrease from 2007 Survey 2 Development Permit Fee provided would be required if this building was td be located in the City Centre Planning Area. Outside of the City Centre a DP would not be required in most instances. 3 Survey not applicable due to no industriallyzoned land within the city. 4 Assumes development in. mainland area - It in Queensbgrough DCC charges of S292.288 would apply. 5 As in past surveys, Metro Vancouver / FVRD charges based on West Richmond. Richmond DCC charges are applicable City wide. 6 Developer installs sewerisanitary lines from property to main, through servicing agreement. Water hookup costs between $5,000 and $10.000 depending on depth and length. 7 Based on Area 1 DCCs. Area 2 DCCs would be approximately 9360.277. 6 Based m1 Area i DCCs. 9 Administration and Processing Tee includes GS T 10 DCC's variable within Mission, based on rates for non -Silverdale industrial Areas. 11 City of vancouver•s estimate of 687 sprinkler heads was applied to all municipalities 12 Using Scenario 2 figures to adjust for construction cost increases since survey inception -figures net published in 2007 report A Based on 2008 Industrial mil rates using average land values and $7.950.000 of building/site improvements - see Mil Rate Table for additional details. Timm 21t07 d 141; 2nat fSurrlolpoli'y FIG •Applicaildn Daiitln 'la7mr;nq F.rgp15= OdVdiepM5rn Permit "ool" Pricks (dpysj Sgpdi'p31:n Apprrvai .(dens} - golhlr+lQ Rerrx 1Ag9:Appgvai tdysj : rimtag' - .t007 Awvrui Timlry . Percg:R3ga 'U'hnnrc M ETM VANCOUVB 1 r Ahhvislord nia 30-90 concurrent concurrent concurrent 90 90 0% 5 chllbwack n/a i 30-90 concurrent concurrent cgneurr"I 90 90 0% 2 2 Surrey nia 30-99 concurrent concurrent e34 120 120 0% 2 2 Langley (City) nla 30-90 concurrent concurrent <30 120 120 0% 3 2 Mission 3Q-91) . concurrent concurrent <30 120 :-' 150 -20% 2 2 Pitt Meadows 5 30-90 concurrent noncurrent <30 120 120 0% 2 2 Township of Langley ALL- - • - 90-120 concurrent concurrent concurrent 120 120 0% 3 3 Burnahy nra 1201.50 concurrent concurrent con: urroor 150 150 0% 3 a Richmond 5-10 120-150 concurrent concurrent concurrent 150 150 o",l� 5 3 District of North Vancouver 30 90-120 concurrent concurrent c$0 _ ._; ..t5.0 _• - 210 -29% 3 3 Pori Coquitlam - 120-150 concurrent concurrent concurrent 150 150 0% 4 4 Part Moody <30 150-180 concurrent concurrent concurrent 180 180 0% 5 5 Maple Ridge n/a 90-120 concurrent concurrent 3Cr-40 210 210 0°/. 3 6 Caquirlam 15 90-120 concurrent concurrent 150 40% 1 6 New Westminster 5 90-120 �F !: concurrent concurrent concurrent concurrent 30.90 210 90 210 133% 0% 5 5 Delta 6 5 Vancouver 1 >1B0 30-90 concurrent concur" at 270 270 0% 5 ff City of North Vancouver n!a concurrent 30.90 210 29% West Vancouver n/a n/a n/a n/a n/a nie n/a nia City of White Rock n/a n/a n/a n/a n/a nla n/a n/a 'Outside estimate inclusive of concurrent processing of rezoning, subdivision, DP and BP where allowed. not including pre -application review. ' Survey not applicable due to no industrially zoned land within the city. ACpt9a8C1[p'zfC2lTdi'S11[.v9Y 'P•"� '_ r, r.egianaE lnaus:ria[ }}nVei4p:17ent Cast Survey --- gall eu^"n � NIP Municipal Development Fees Fees and Approval Times ^ _I .. � a-- r or 2009, the development --- .—._-...��... ._............ ......:::..... .,, y„ ...... project was, as per the previous Surveys, the construction of a single storey 100,000 square foot rr., _ industrial warehouse on 5.5 acres ol- f land requiring both subdivision and y reconing. 1 ;g F Ni;' 5 .._..... r ^. vw� Municipal Approval Times zr� City of rJOfrh '.•2 ^n:O ttJ21' - Fees and Schedule- -27R Irr he total fees levied by each v -:.owa . municipality for the construction Delta ------- of a 100,000 square foot office New%%stnilnste! 210 building (as described or, page 3) are �"_ t iffani __— 210 presented on the left, above. On the t?Lit ..�_� Maple Ridge -- — -- —._.—210 right. the total approval times — from application date to Building Pennit Port Moody — are shown. Approval time frames Fort Cotlttitlam 1 SA shown can and will extend bevond 15n the periods noted if the developer ylsttict of north Vancouver g does not supply necessary information Richmond with the initia( application or respond EutnaLy V t STS ' to requests for additional detail or ' - 120 clarification in a timely manner. Town' 1t1a Gr a gtey $ '— Carrying costs (interest and taxes) t-'ill kleadovas 1; represent a considerable component 1{r115$iGn s-' 120 I of pre -construction expenses and ,�.„;�„�„,; °.•••• 1 2Q additional Unte spent in themunicipal Langley fCStyl __ :' approval process increases those costs. suf7r.'•; _ tl-.-....�-�.-.....-- 12 Ch+llis,ack• 3� ............ Abt)flISArd 9;9 .. 50 10,0 155 2DO 250 5.00 350 C{l;:t Days AP P G L Pottinger Gaherty E tdVI A ... ERTAL CCNSU�-TANIS 0 Regional €ndusviai Development Cost Survey— Fall 2009 N-A10P �Au icip l Fees and Approval Timms, Anneal Increase Compared to CPI from 2001 (1.91%)* CPi Comparison: March 2001 to March 2009 lie Corporation of Delta deserves „ • .. fEm:...--_-7— kudos for limitingthe increases' in their fees to less than the rate of ::tugt�tsa�.: � =-_ - 3 a °"' inflation since 2001. Due primarily to a Vancau -- significant decrease in development cost City cr North charges 'DCC s) effected in 2003, Port , Coqui-dam was the only jurisdiction that try,tlm! :x' No- h Vz1rUu%reY experienced a reduction in fees. Most OVtiF qy ✓ u of the municipalities managed to limit their increases to between 2 and 3 times CPI with the exception of Buruaby, New— Westminster, Vancouver, Pitt Meadows, mawe Rtdne Port moo„ : € �: c ; •: Langley City and R chmond who posted {vpw. 1M1�sftssirs€w, - increases ranging firm 4 times to 10 times Burnaby —.0 the CPI rate. Over this titne period: the tL.L w -- . - IQ AIt -'�.0', y, 0. — 5. .All Goods Consumer Price Index" in the Greater Vancouver Census Metropolitan % Increase Area increased by 1.9 19u. *tlbbotMord. WSSim,, CF Mn1ack ware not sttcluded if, 20Li1 survey (Source: BC Stars) Percentage Change 2007 to 2009 ...................... _- _ .......... . Fee Changes 2007 to 2009 The graph below illustrates the percentage change in development y fees levied by each municipality between r f 2007 and 2009. Of the 18 municipalities �,t that responded to the survey, 15 reported increases ranging frorn 2% to 43% with "itr sr Nnrt7 a ixGVE an average increase of just under I0%i M es 3, '-" Pe! kuaev;:* .: . Fran �wy;rmair ='. ••. par "DI?" Reg=lnal Invasteiel �evel�a:Me«t tips: Su vey — Fa!' �9;�5 F INk,--,(.)LJVE *, LTJ :]W :4 4h1 4 Whether you're a First tone buyer or a seasoned investor. Cushman & Wakefield offers a full range of services to help you meet your strategic goals. With more than 538 employees in 16 offices across Canada and resources that span the globe - Cushman & Wakefield has the expertise and market knowledge to handle any assignment in any corner of the country. No matter where you are... We're There. twww.cushmanwakr:; iield.vom B2aimm�q Indust ial Deveioprnent Cui:l Survey --- Fali 2009 Comparative Tax Burdens 1#bile it may not be the primary consideration, a growing number of businesses are considering the impact of the property tax burden, and the variations in that burden across the region, when making the location decision. Property taxes are not, for the most part, factored into per :square -foot lease prices but, like common area and maintenance (CAM) costs, they are paid on top of standard lease rates. Municipal property taxes pay for city services such as parties, roads, utilities, policing, fire protection and local improvements. Property tax rates within any municipality are impacted by two factors. The first is the value of the property being taxed and the second is the tax rate (mill rate) that the municipality applies to various property types. Municipalities ensure their ability to balance their budgets with their ability to adjust mill rates. The property tax burden for businesses varies from jurisdiction N l 'O P :�eiacr mcr.� r.Fcr. �r -rn re f � NA -is, O to jurisdiction however, almpare:i to residential tax rates, businesses (`industrial' and 'commercial' property designationsi pay a significantly greater proportion of the property taxes. For light industrial and commercial properties, research has indicated that the ideal median tax ratio (industrial/commercial tax rate to residential tax tare) is 3 to 1. Less than half the municipalities surveyed are in line with this ratio. The awareness among business owners of the d isparity between commercial and residential tax rates is growing. In the City of Vancouver, industrial and commercial business owners pay municipal property taxes at almost 5 times the rate paid by residents, noting that Vancouver City Council has begun to address this inequity with a recent shift in the ratio towards residential. In the District of North Vancouver, the rate is over 10 times the residential rate, more than double its closest neighbour of North Vancouver City Metro Vancouver and Fraser Valley Municipalities -- Light Industrial to Residential Property Tax Burden. Of note this year is the dramatic shifts in mill rates for West Vancouver and the City of North Vancouver which resulted in Notch Vancouver shifting 5 spots in ranking from 15th to IOth place and West Vancouver shifting from I lth place to l5th. For 2009, the five municipalities with the lowest light industrial to residential property tax burden (rated fi-om lowest to highest) were: 1. Langley (City) 2. Chilliwack 3. Abbotsford 4. Surrey 5. Mission The five Metro Vancouver and Fraser Valley Municipalities with the highest light industrial to residential property tax burden (rated from highest to lowest) were: L District of North Vancouver 2. New Westminster 3. Port Moody 4. West Vancouver 5. Pitt Meadows Industrial Businesses are essential to the socio-economic health of the community and for maintenance and servicing of its essential services such as retail stores and restaurants which contribute to the goals of compact sustainable cities. High municipal property taxes for these types of businesses have serious impacts on our city, neighbourhoods and employment opportunities for our residents. Although, it is often said that businesses "dont vote' in local elections, in reality they do cast a ballot, by making the decision to relocate to lower cost jurisdictions in which their business can thrive and contribute to the sustainability and vitality of their local communities. City of Langley receives prestigious economic development award for downtown master plan he City of Langley is pleased to announce that the Economic Development Association of British Columbia (EDABC) awarded the prestigious "Economic Development Marketing Project of the Year Award" to the City of Langley at its EDABC Annual Conference in Vancouver, BC on Sunday, September 20, 2009.'1he award recognizes community excellence and innovation in economic development. Mayor Peter Fassbender stated that "Council could not be more thrilled than to receive this honor from EDABC. Our Downtown Master Plan and complementary marketing initiatives push the envelope of land use planning and economic development in process and content. The Plan takes the planning process two steps further by truly integrating the normally isolated policy planning with urban design and land economics. In addition, the Plan does not sit on the shelfwaiting for interested developers to call. The City actively seeks to engage developers through information sessions and other direct, in person contact' This proactive "action" combined with a plan that includes both a vision for the future, comprehensive economic analysis, and policy that supports development activity has made the City of Langley... the place to be for developers. Director of Development Services & Economic Development, Gerald Minchuk, stated upon accepting the award on behalf of the Citv of Langley, "We are. very proud to receive this prestigious award from EDABC in recognition of our Downtown Master Plan economic development initiative. The City of Langley Downtown Master Plan has created an exciting vision for the future redevelopment of Downtown Langley that will serve as a catalyst for generating new investment and creating additional vitality. The plan process, content, and innovative marketing strategies represent a progressive step forward for economic development and municipal planning and present a model for wide application in British Columbia and Canada:' tormore information about theawarrl contact604-SI4-28oa n. City of Langley, Mayor Peter Fassbender TAX SAVINGS aminilnumofSMfllltl—armmt—iniamfor propertylrnprovennm5 Example of tax savings based on thatyauma6t trmmdMam!e iadvalue0S1(l0A0Q.lfyaurnakemore an assessed value of$100,000• I[npfdlgmeRisdReryour.thltialappH�fion, y611 Cat1 apply fnr addltlanai YEAR $853.30 tax tunW1hm.DevelopedinianS4ltatlonWlthk Domtownlangiry YEAR $682.64 NletthadisAsoda[lanHvsine%Improvemcnthrea,thisTaxLxemplion YEAR $511.98 Peogromsupportthe tityo Wt4ey'sraw vulpnkrthe4numas YEAR $341.32 IdmtifiedinThe ]1owntowaASasterplan. YEAR 5 $170.66 ACCUMULATED TOTAL $2,599.90 iurmwxlll�PrfAGi1PR..WaterrthC Clf}'r3Figkf FY, freYEhpmmf5ervkes A Rwomlc Pryekpment lkpartmem: 681573;284C.or rfrlttwrw.dfyfmyykRbr.ra F,egiona? in. ustria` Development Cox: Survey - Fall 200p Tax Ratlo 2007 NO.: 200Rank:: MLmiaotlfy Ll,hE Industrial PAifl-Ralf �FsidEntial �lifl Rate L*t In+lWnal to Rez!tlaniial Tax Mile Metro Vancouver 1 1 Langley Glty) { 8,5331 --- 15311 - "im 2 2 Ghilliwack 9.3274 3.9224 2.3760 3. 3 phhotsrard 4:4223 - 2.7897 4 4 6urrcy 7.0303 2,2575 3.1142 6 4 Mlasiaa12.'6775 4-t32 3.1165 6 S Langley Tornsrripl ; 9.3034 2.9136 3.1674 4 6 Mrlple Aldpe17.7636--- . 3.5699 .33924 7 atlla 10.6436 9.2092 3.31n6 A 9 SrtmihY 9.9212 - 2A764 A.OQ31 9 9 Aichmona 9,7666 2.3?99 4.l211 iQ 10 Hara111aiicouver(Oity) 11A041 2;380 - . 42279 11 11 P4rl Cegaalam 16.t09 3-46 4,7425 12 12. Vancouver 70,340 3,W9 4.ed2d 13 F3 0ogclllam 14.S6ea 2.9306 4.9439 14 1e .. P1tt:MaACows 4F.7134D.R19e `_-•5.0360 1: 15 West Vancouver 13A755 2.11 6.1969 t6 le PonAldgay. 10.32&5 3RQ72 6.A490 17 17 Oleo•Wevminms, 26.7465 3.6435 7.3409 Y3 13 WhOFrVancovverfDlsMd) 26 nttlE 2.4554 i mfl.. Light Industrial to Residential Tax Ratio Ratio NATOP would like to acknowledge and thank all 20 municipalities who took part in this year's Municipal Cost of Business Survey. Participation is voluntary and the time expended to respond to it can be significant, not unlike a `real" development application. Development in any jurisdiction is a partnership between business and the community. NAIOP is pleased to be in a position to murk, m behalfof our members, with the lower Mainland jurisdictions, which participated in the publication ofthis information for the business community. Thanks also to NAIOP members for their time in putting this project together: Groeme Silvera, Plenary Group Cohado Ltd. Ed Wilson, Lawson Lundell LLP Chair NAiOP Development Issues Committee Geoff Hev, GWC Realty Adv. NA10P Andrea Wellbum, Cushman & Wakefield LePage Inc. Jos Sandhu, Colliers International C 0 n4 av E R C 1 A REAL ESTATE Derek Jones, Concert Properties Ltd. Michael Musacehio a E V E >_ a s ra E t�': n$ 5 o C +a T' o a Chris MaeCauley,Colliers International Rob Busch, Colliers International METRO VANCOUVER tlr CHAPTER Cheryl Carter, Business in Vancouver Pedo Tavares - Altus Group Limited • Darlene Schneider, RAIN Executive Director Wendy Waters- GWL Realty Advisors Inc. ww.no iopvcr com 14 caionat indvnAat Deveiopment Cost Survey — Fa-H ZOG' N1P c�vgyp"" F v r a rdGreen s a `snapshot' of -the increasing ma x towards a,,ustainability amongst the municipalities. NAIOP has included a section within its survey on whether there are any sustainable/green building requirements (beyond what's required by the BC Building Code) or incentives in place within each municipality. This year more than half (10 of the 17 municipalities who responded) confirmed they have requirements and/or incentives to promote sustainable building. Some were voluntary measures covering all areas of sustainability or smart growth, others were mandatory actions on particular items such as stormwater management and green (planted) roofs for buildings over a certain size. J'v3o st municipalities now require some form of sustainability reporting as part of their rezoning/ development application, and many of these are offering incentives including density bonusing, floor area exclusions, transfers, DCC and. tax exemption, as well as fast tracking the permit process for "green" projects. In future, the expectation is that many of the processes than are now voluntary will be formalized, as municipalities raise the bar on what is considered green. ✓ 1: 6urnaoy ✓ - S:nrn �.: 77 nd Eh !I Ii.:V'.nE d::•:1 pn •n VdIHill[ t0I k6•f CJ SCM1[! NEY-, aVestrr,Iritrar. ✓ S r„lrt C. I'0'a rn ": tr.:. I!;t 15 q,:: I C R. nl3l! In J; 1n•.IIO:np in r.eali'e5:, rL: Jj vj it flit-'• Par' Conuni;l.- - be..,r -nreun rgrx.(er e�vtYdieMi:f?iWifY-'�JfA�} W �EsJ: si-. Pal. ,gar ±Q4?Isq . a{�eUialoftieuWsoF,aw6?E41Y91f,'f _9blldy>� SAIq! Q Pan Moody y Sirs:ahatiitty Che:ktist lot 4 �Il ;;s • ? rt Leo•+dYs scsWintt lit[y mogal: aniror,ma:rl, Ec4nomin, ;o0,,? 4n4 Lul,ufal. reliulrmJ'or all devolopiviv FrM[asals 'lhdetArord - .y Il rp%n1+I+ Ci'.1sma�iQf?up'ibp� , it ux+m11 piRi)gLlwn46lin 6y. z Olt 4tCC B ' Sdtiisnpt, Dotnct v Mr[:1 Vz-,rouye• v '11r:luolary yrotlm uulli inG program f3e]ri ✓ - ",r . Gal+]n+erelatslMlieu9en(nl a tequkr3hF Plskp.R Lf AJgtti nMf ity i�hack- dN 1nsl�RarldhAdan9)Irclpkt-. Ua`C17llYPr �/ ✓ cm, S:M119CIldinp $trafegy and'G+ena Harne3 Proq ream Floor spQe! assetl1iQ 115iQLFY.prafliRA for Mali mbIftto7ao peniltyfcrcanstnlorptvali OMhlp4tl edfa[p�1§ffiGa;icy Cumrl1100 510 m f :3r-deeiQ[i rGoal r[ r 5[iL F'.!chrmmd ✓ Bylaiu s}S5.'Grean itoEfs. �.4lherCp[lons lnvplvinq Intl u'Iuio3 6nHdinfls'tSqulle"p [hat ind dstrlBl i` ltdRlq'S RRLS}IlB ttt 6&CG.� iNRfre; WltEra gross ilaur area of 2.08 m2 or to ors. to radu& lhcamount of storm wales, ran-otf try at least 2G%- -h Il�ril. l�II ll,..... E .I_'S villa%, Urban Options: More buildings, more choice With 11 uriique downtown offlice buildings to choose from, our inventory provifdes a wise variety of urban ;easing options to accommodate your regUirernents. LCU. f 3COMIJ-b04,00.51107 OVER 51 YFdR6 0F.. LIADERSH;P . Iocnyi'!F. LF.cra 60=,00-5305 FV% MOOTflAhj TjG PEARS, CADILLAC FAIgYIEW HAS 777 PUN5Mu1R 701 WEST CEQrCIA BEEN tsAD1NQ THC iYAV 1% COMME[,C]AL REAL ESTATg S CANALCO R P T.O W LN PRICEii'ATERF[G 4:5£f tld7ERa PLACE WITH INNOVA1IVA.PE51FN, DZVELOVWFNT,AhV .];# CRA OLLE'SptOARE 71 TQV,ER MANAdmm-r. A CCEl TINUM F6eJJx L11L ANTIC'PATI Mr: H50C BUILDING 'HE 5TAi 10N APAP $XT15FYING THE EVOLVI NC HEEDS Orr ❑uR Office +� 700 WEST P6NDER WATE$FYOUT CEA I'RL. TE NANT5 Dr r i pi ES TISE GD1llf.0 FAI RV I EW A PP ROA C/1 - 750 WEST PENDER _ - TO P1j[ Vd 0114G REST IN CLASS DFFI C'_ EHV I RO N hrr NTS, Regional industrial Development Co*t Su, :+Iuy -- fa;! 200R t,a Ir Ure Trends s an indication of what the uture could bring, NAI0P included a section within its survey on future policy directions and changes to existing policies that were tinder consideration at the time of publication. This information comes with a general disclaimer that all or a majority of these potential changes are subject to either council or staff approval and final drafting. Below are some highlights of what could be coming in the near future to a jurisdiction near you. Municipality Upconiing Planned Policy changes • In Progress - Downtown Community Wan and 7vern,hnruegh Cam murkily Plan. The ❑uortshoruaph pimr.looks vcry WeScly M the 155ue Of MIJUStrlal Ian0 rg+ of l0n and New Westminster the anerfecs bftiLm indusirial land and residenliel uses Informalign on these plan ppds[as can be rated at www.newwwclt1'-caJoownwvin WY+w.nalvwesEClty-CdhlGedGgb0�ougM1 'he DCC Bylaw is btu l+: u pna l ad ir.•- DMM -A revlew of the € OC llylalx is al mnsl c i npleN Port Coquil[am •A proposalta fricraase 9uHdih;.Nrmlt,feet will be tabled In2509 • ThesuhdMlalan bylaw drahp dpdeled fnr26- • As a measure to sneamlEne the approval process fo• I4dtlsirial development permits, IuSiSSion council will be delegating approval anidnomy In rleportmeni heads, (now clog the time required to conduct lengthy public input meatings. `11stfictof North Vani miVef • Municlpetl tax raia for Ilghtinousiry 16 dropping, decrpaain-yby8% In 2oa5 ml is arilinpood to contlnu0 dropping for the text d-S years. Pla Meadovis The City Is rewlewing its Land U r a (noIng) ilytaw ft City Of R!Chmond is currently In the prucosa of ravlelrrg the City Centro Arm N n CCaFy. Ths ioliowleg ar; h+phlipMsrr[the CCAP: •tEED Sliver will be Tr;quirad for all leanings df evais pav ilopmento over 2;D011 ro tecehad slier 3enuary 1, 2Wd : •.Tdie LEm Hart isisrd Ef1e6CRoot cram wirrba regdirld lar all m2anhlgs of pilvate. ddYlloprl'-eel3 oV5rx.000 rrd roe xd ¢iter:Jenuary 1; 2009 {nvolrinq.ndn-ri o- denErai build Ing a te.g:, camnEorcla!'s[IdSnttllstr!aij and ml0plea4ufi4 mWomial REct mend buiidlnos 0PWW Mll4 5lDreysexalsdfng parking [o-il, conorsEehigf rsepI • The LEfO storm watur Manalrem erd credlt will be rEqulred tul z73 rewrnngs of prWata developments OWDE 8.000 m? roceMed Oiler Jartuary1, 2Wg IdvolWng anI- residgnHal buildings O.T. commercial and i!tdutriali end moltlple mdly re6ldenl1al . buf!dlags Enllyding parking cancratuhlph rl"%. wood trams apdttmonix and t�writuue771 •The Clty in In the proton of reviewing uio MC program. argendments to the C[ly Wide XC5 sre-anticipatod to ae brought forward in corgnmtlenwith die adollllor) -di t44 WAR. • July, HIM Cawidi adopted a report radommeading Elie replacement of the vacuum nwor system In Ilrfdgaview and South WestmliMer wllh a more Irad+'llonm sewer Surrey system that will result areas of 6rldgeviewand South Wostmincter being opened up for new Industrial dav0opme0t. Details of this sewer replacemerd can be found in Corporate Report R13a whloll can be round on the City's webslla IQDFFm N K LEF LL, BUSI NESS li..AWYFR.S Our Commercial Real Estate practice group represents clients in a variety of complex real estate transactions and development matters including shopping centres, office buildings and industrial parks, condominiums, land assemblies, subdivision matters, bare land strata developments, hotel, recreational, residential developments, leasing (industrial, office and retail, and Patrick J. Julian Direct Line: 604-891-3605 Email: pj)@kkbl.com Stanley Wong Direct Line: 604-891-3628 Email: aw@kkbl.com First Nations) transactions, construction, takeout and inventory financings, the structuring of joint ventures, co - ownership arrangements and real estate syndications of all types including limited partnerships, environmental and municipal requirements, and preparation and filing of Disclosure Statements under the Real Estate Development MarketingAct. Leslie Tucker Direct Llne: 604-891-3611 Email: lat@kkbLmm Erin Tait Direct l.{oe: 604-891-3618 Email: ekt@l kbl.c- 19th Floor, 885 West Georgia Street Vancouver, British Coltunbia W C 31-14 Canada Telephone 604-891-3688 Fez 604-891-3788 w .kkbl.com Regional industrial Development Cost Survey -- pall 2O09 NAIOP Vancouver committees are very active and have won several awards including Chapter of the Year 2003, the Periodical Publication Award 2004 for the Cost of Doing Business Survey and the 2007 Annual Publication Award from NAICP NationaL Through a grassroots network NAIOP seeks to create, Protect and enhance propertyvalues. VANCOUVER 'r NA10P 1. COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION' ME'I'00 VA.Kr OUV€R x,' CHAT TER NAI0P Is a professional association with more than io,00u members across North America who represent the interests of developers and owners of industrial, office and related commercial real estate. NAICIP's Canadian network includes chapters in Vancouver. Calgary and Toronto. more information on couverChap arly of its even it v, web st . .nalopvcrx 1 69 4=661 Bottom from L to R - Chuck We - Oxford Properties Group Inc., Bart Corbett - Cushman & Wakefield Ltd., Joceylne Legal - Cadillac Fairview Corporation, Dave Liden - Remedios and Company, Geoff Heu - OWL Realty Advisors Inc., Darlene Schneider - Schneider & Associates Consulting Group Top Row from L to R —John Scott - CEI Architecture Planning Interiors, Graeme Sllvera - Plenary Group, Derek Jones - Concert Properties Ltd., Jon Bishop - Devencore Newmark, Bill Tucker - Omicron, Andrew Allow, Jeff Rank - Cushman & Wakefield Ltd., Stephanie Setchell - Farrell Estates Lid., Maury Dubuque - Bentall I.P. ✓ Local networking opportunities through monthly breakfast speaker series and special events. Over the years, the Vancouver Chapter of NAIOP has featured speakers that include Mr. Bob Ackles, BC Lions, Mr. Brian Burke, formerly with the Canucks, Mayor Sam Sullivan, and the City of Vancouver Planner, Mr. Brent Toderian. ✓ National networking through conferences and access to NAIOP national database s/ Industry and market information —through period publications and reports V Educational opportunities — through special issue seminars and symposiums includingthe annual Developer's Symposium ✓ Access to NAIOP's online database and periodic newsletter ✓ Legislative voice — through our Legislative Issues and Government Affairs Committees ✓ Industry recognition — through our industry awards events Deep Roots Greater Heights 11831 FROM: SUBJECT: District of Maple Ridge His Worship Mayor Ernie Daykin and Members of Council Chief Administrative Officer Reserves DATE: 15-Sept-2010 FILE NO: ATTN: Council Workshop EXECUTIVE SUMMARY: This report is intended to provide an overview of the District's financial resources. They are grouped into four categories: accumulated surplus (revenue funds), the cumulative balance of the excess of revenues over expenses and net transfers to reserves; reserve funds, accounts established by bylaw for specific purposes; reserve accounts, discretionary appropriations of surplus; and restricted revenues, monies collected from others for which we are obligated to provide specific services. The amounts on Schedule "A" detail the balances in each of these categories. At the end of 2009, the balance in the accumulated surplus (revenue funds), reserve funds and reserve accounts totalled $57.4 million and we had a further $36 million in restricted revenues. RECOMMENDATION: This report is submitted for information only DISCUSSION: The District of Maple Ridge has financial resources that have been summarized on the attached Schedule "A". Some of these resources are subject to legislation in the Community Charter while others are not. As part of our financial planning process detailed projections are done for key reserves to ensure that the available resources can support the planned activities. The resources can be categorized as follows: 1. Accumulated Surplus (Revenue Funds) The District's business is comprised of three major cost centres: General Revenue, the Sewer Utility and the Water Utility. The excess of revenues over expenses and net transfers to reserves for each cost centre flows to the accumulated surplus balance. The accumulated surplus balance in the revenue funds at the end of 2009 is $11.4 million. Of this amount $6.4 million relates to the sewer and water utilities and as per Council's rate stabilization policy these balances have been used to mitigate the impact of regional rate increases. The general revenue fund has an accumulated surplus amount of $4.98 million and can be used to provide funding for extraordinary one-time items in line with Council's financial sustainability policies. 2. Reserve Funds Reserve funds are established by bylaw and hold financial assets for specific purposes, typically for capital investment. Once a reserve fund has been established, the funds in it can only be used for the purposes noted in the establishing bylaw and any use of the funds must be authorized in the Financial Plan Bylaw. 4.7 Page 1 of 6 The following provides a brief summary of the District's reserve funds: i). Local Improvement The balance in this fund is comprised primarily of monies returned to us by the Municipal Finance Authority (MFA) when debt was retired for which sinking fund monies had been held. These funds are intended to be used for capital purposes. ii). Equipment Replacement Each year we transfer monies to this reserve in recognition of the fact that the equipment in use today will need to be replaced in the future. iii). Capital Works The capital works reserve provides for future capital investment. Each year 1% of general taxation is credited to the reserve along with fixed transfer amounts of approximately $200,000 as well as 75% of the proceeds from any land sales. Our practice is to retain a minimum balance of 10% of the prior year's taxation in order to have some funds available in the event of an emergency. Based on the current projection for this reserve we will be pressed to maintain this minimum balance, and that is why a more healthy balance in accumulated surplus is helpful. iv). Fire Department Capital Each year 2% of general taxation is credited to this reserve. The fund is intended to assist with the provision of fire protection facilities as the community grows. The balance in this reserve has been drawn down over the past couple of years to fund the construction and renovation of Fire Hall #1. v). Sanitary Sewer This fund resulted from surpluses on sanitary sewer projects in previous years and is available for use on current and future sanitary sewer projects. vi). Land This reserve receives 25% of the proceeds from land sales and is used for land acquisitions. This fund was last used in the purchase of the Randy Herman Center for Public Safety. In 2009 the fund received an infusion of $1.5 million as part of the year- end process to provide funding for land acquisitions of importance for Council where there is no other identifiable source of funding. 3. Reserve Accounts Reserve accounts are discretionary appropriations of surplus, established to meet business needs. They can be established or dissolved as Council directs to ensure that identified business needs are met and risks are managed appropriately. . The following provides a brief summary of the District's reserve accounts: i). Committed Projects (capital and operating) This represents items approved by Council in prior years that were not completed, but are still deemed necessary. A number of the capital projects that will receive funding from this reserve are reliant on third party funding and/or awaiting the outcome of property acquisition negotiations. The amounts in these reserves have decreased by $702,250 from the 2008 balance. Key projects that will receive funding from this reserve include Page 2 of 6 the downtown improvements on Lougheed Highway, the animal shelter and the audio visual upgrades in Council Chambers. ii). Self Insurance In order to control insurance premium costs we have relatively high deductibles and have chosen to self -insure many events. This reserve account provides funding for insurance deductibles and for self -insured claims. iii). Police services This reserve was established a number of years ago to fund one-time police services initiatives, such as renovating the Randy Herman Centre for Public Safety. As per policy, 50% of RCMP contract savings are transferred into this reserve each year. In 2010 this reserve will provide the funding needed to renovate the RCMP cells to current standards. iv). Core Reserve This reserve was established at the outset of project to construct the new downtown facilities to provide a mechanism to build our capacity to finance the project over time while smoothing the impact to taxpayers. It assists in managing the cash flows related to the commercial component of the project and is also available to assist with capital improvements. v). Recycling Reserve The recycling reserve retains the balance of recycling levies in excess of contract costs as well as the District's share of the Recycling Society's profits. The reserve is used to provide funding for recycling related projects, such as studies or equipment purchases, or to help offset losses incurred by the Society in the event of falling commodity values. The 2009 shortfall experienced by the Society will be drawn from this reserve. vi). Building Inspections This account is designed to allow us to deal with the impact of an unexpected reduction in building permit revenues. For a number of years building permit revenues ranged between $1 million and $1.5 million annually; in 2006, 2007 and 2008 revenues were substantially higher than this as a result of brisk development activity in the community and a portion of the favourable revenues were transferred to this reserve. We rely on revenues from building permits to support our operations and should a shortfall in building permit revenue result in an overall budget shortfall this reserve would provide the capacity to sustain service levels in the short-term. vii). Gravel Soil removal fees are credited to this account each year. It is intended to assist with minor infrastructure repair that may be required as a result of soil removal activities. viii). Facility Maintenance Not all facility maintenance is required on an annual basis and this reserve was established to smooth the impact of annual fluctuations in required maintenance costs. ix). Snow Removal This reserve in intended to ensure that the District has the financial capacity to respond to costs associated with higher than normal snowfall without the need to curtail other services. Our annual budget for snow removal is approximately $214,000 and for the past few years we have seen actual snow removal costs exceed this amount. The reserve Page 3 of 6 was established in 1999 with a balance of $200,000; in each of 2007 and 2008, in recognition of inflationary pressures and the increased costs associated with changing weather patterns the balance in the reserve was increased and now has a balance of $700,000. x). Cemetery Maintenance Any excess of revenues over expenses in the cemetery cost centre is transferred to this reserve at year-end and is used as a funding source to maintain the cemetery function, both the facility and the related technology. The perpetual care fund is a separate entity and is managed as a trust. xi). Infrastructure Sustainability In 2007 the first infrastructure sustainability account was established in recognition of the need to build the capacity to maintain our growing infrastructure. The replacement cost of our infrastructure exceeds $1.2 billion and the level of annual maintenance and rehabilitation spending required to maintain is estimated at over $40 million. Our actual expenditures are less than a quarter of this amount. Starting in 2008 we began to set dedicate 1% of taxation to address the gap between required and actual spending. As part, of our 2009 year-end process we set transferred $1 million to the infrastructure sustainability reserve for roads maintenance. As a result of this, a substantial amount of road resurfacing work has been completed to date in 2010. xii). Critical Building Infrastructure This reserve was established in 2006 in recognition of the need to provide for emergency or irregular items associated with facility maintenance. Facilities, such as the RCMP building, Municipal Hall and the Leisure Centre were constructed at approximately the same time; consequently some of the building infrastructure, such as the boilers, will likely need to be replaced at similar times. Such infrastructure is costly to replace and our existing lifecycle budget does not have the capacity to provide the necessary funding. This reserve is intended to provide the necessary capacity without having defer other planned facility infrastructure maintenance. xiii). Infrastructure Grants Contribution This reserve was established in 2008 in order to provide the capacity to take advantage of infrastructure grant programs that typically require a municipality to provide matching funds. The resources listed above represent the District's financial assets and do not include non -financial assets, such as our Silver Valley land holdings, a strategic non-renewable resource available to Council. 4. Restricted Revenues Restricted revenues are monies collected from others for which we are obligated to provide specific works. Due to the restrictions on their use, these monies are reported as a liability until the specific works are undertaken. The following provides an overview of the District's restricted revenues: i). Development Cost Charges These funds are collected from the development community and are used to assist in funding the infrastructure requirements resulting from development. The balance in the DCC fund has been drawn from 2007 levels as a result of lower than average collections in Page 4 of 6 2008 and 2009, combined with an increase in spending on DCC funded capital over the same time frame. ii). Parkland Acquisition (ESA) Monies paid by the development community that are used to acquire environmentally sensitive areas, such as land required for watercourse protection. Land acquisitions along the North Alouette and adjacent to Davison's Pool in 2007exhausted this funding source in 2007. Future collections will begin to rebuild this funding source. iii). Downtown Parking Facilities These funds are collected in lieu of providing parking spaces and is to be used for the provision of parking in the downtown area. iv). Developer Specified Projects Charges collected from the development community to assist with the provision of certain infrastructure works. CONCLUSIONS: The above information and attached schedule are intended to provide an overview of the District's financial resources. At the end of 2009 our accumulated surplus (revenue funds), reserve fund and reserve accounts total $57.4 million and we have a further $36 million in restricted revenues. Much of this amount is held for capital investment in the community. Not included in these amounts are non- financial resources, such as our land holdings in Silver Valley. The District has a sound business planning framework which includes a series of financial sustainability policies. The funds, accounts and revenues outlined in this report were established over many years and assist Council in managing the municipality's finances. d Prepared by: Catherine Nolan, CGA Manager of Accounting Approved by: Paul dill, CGA GM: Corporate and Financial Services Concurrence: J.. (Jim) Rule Chief Administrative Officer Page 5 of 6 Schedule "A" 2009 2008 2007 2006 2005 ACCUMULATED SURPLUS (REVENUE FUNDS) General Revenue $ 4,985,070 $ 4,448,718 $ 3,170,271 $ 2,442,301 $ 4,203,057 Sewer Revenue 3,059,571 2,963,911 3,527,232 3,401,602 4,021,712 I Note15 Water Revenue 3,383,195 3,712,928 3,330,097 3,353:988 2,846,785 11.427, 836 11,125, 557 10,027, 601 9,197, 891 11, 071,554 RESERVE FUNDS Local Improvement Equipment Replacement Capital Works Fire Department Capital Acquisition Sanitary Sewer Land RESERVE ACCOUNTS Specific projects - capital Specific projects - operating Self insurance Police services Core development Recycling Community development Building inspections Gravel extraction Neighbourhood improvements Facility maintenance Snow removal Youth and arts centre Cemetery maintenance Infrastructure Sustainability (town centre bldgs) Infrastructure Sustainability (road network) Infrastructure Sustainability (drainage) Critical infrastructure reserve Infrastructure grants contribution Service severance WATER AND SEWER RESERVE ACCOUNTS Self Insurance -Sewer Specific projects - Sewer Self Insurance - Water Specific projects - water TOTAL RESERVES 2,145,754 2,077,103 1,973,590 1,771,407 1,630,531 6,937,477 7,329,490 8,049,670 7,095,537 5,918,359 8,404,633 8,686,373 9,055,490 10,600,326 10,393,493 1,807,185 6,062,996 7,140,170 6,775,809 6,050,724 1,524,971 1,442,312 1,390,549 1,372,742 2,376,005 1,919,946 406,056 268,712 2%,768 461331 22,739,966 26,004,330 27,8784181 27,972,599 2.6,832,443 4,408,631 4,239,744 4,152,968 3,344,791 3,615,454 2,253,608 3,124,747 3,701,663 1,607,441 1,304,871 914,702 938,349 922,602 787,729 11,015 2,618,915 2,259,704 1,858,021 1,979,364 1,504,580 1,116,807 1,129,505 970,325 620,938 835,713 1,634,271 1,475,367 1,618,549 1,428,698 1,301,754 1,218 1,176 1,134 1,092 1,053 1,761,704 1,704,522 968,034 457,461 441,590 419,417 549,384 496,450 482,519 475,263 60,697 58,688 56,571 54,525 52,634 515,408 360,508 89,519 87,187 - 700,000 700,000 350,000 200,000 200,000 3,708 8,535 8,535 8,535 11,010 151,980 109,457 103,224 139,347 117,821 - 295,385 200,000 - 1,225,B88 419,417 - - 40,282 - - - 172,072 368,625 501,023 518,794 1,200,000 1,200,000 - - - - - - 63,630 19,199,308 18,943,179 15,998 618 11718 421 9,935,388 95,873 36,184 89,684 83,183 76,684 2,160, 492 1,738,057 1,308,040 1,372,814 1,162, 519 99,528 93,028 86,528 80,028 73,528 1,722,636 _ 1,688,066 897,835 934,984 1,303,745 4,078,529 2,955,335 2,372,086 2,471,009 2,616,475 $ 46,_017,Sp3_ $ 47.902,778 $46,248,885 $ 42,062,019 $ 39, 385,306 TOTAL RESERVES AND REVENUE ACCUMULATED SURPLUS $ 57,445,639 $59,028,335 $56,276,486 $51,759,910 $50,456,860 Schedule 2 RESTRICTED REVENUES Development cost charges $ 31,644,928 $34,330,309 $36,704,662 $31,047,111 $21,796,131 Parkland acquistion - - - 1,717,500 1,647,870 Downtown parking facilities 144,515 139,734 134695 129,821 125,318 Note 11 Developerspecified projects 4,367,763 4,129,236 4026358 3,W5,309 3,683,077 $ 36,157,206 $38,599,279 $40,865,715 $36,699,741 $27,252,396 Page 6of6 d� Office of the Mayor October 25, 2010 METRO VANCOUVER 4330 Kingsway Ave Burnaby, BC V5H 4G8 ATTENTION: Johnny Carline, CAO Fax# 604-451-6180 Re: Green Waste / Organics drop-off .- Maple Ridge Transfer Station Attached is a copy of a letter dated September 10, 2010 from the Ridge Meadows Recycling Society to Metro Vancouver. Metro Vancouver has a residential green waste drop-off area at the Maple Ridge Transfer station. Maple Ridge Council fully supports the Recycling Society's request that Metro Vancouver redesign this facility to allow commercial vehicle drop off of kitchen and green waste (organics.) The Recycling Society believes that this facility has the capacity to handle additional tonnage if the idle space on site is redeveloped for use. Other Metro transfer stations have daily pickup and transfer to Fraser Richmond Biocycle Ltd. for organics and we are requesting the same service here in Maple Ridge. We look forward to your response as we look for ways to support Metro Vancouver's Zero Waste Challenge. Sincerely, Ernie Daykin, Mayor /sr attach. cc: Paul Remillard, (Contract Services Division Manager) Mr. Ralph Randt, Senior Engineer, Contract Services Frank Quinn, General Manager', Public Works and Development Services Andrew Wood, Municipal Engineer Kim Day, Executive Director, Ridge Meadows Recycling Society District of Maple Ridge 5 A 11995 Haney Place, Maple Ridge, British Columbia V2x 6A9 CANADA Telephone: 604-463-5221 • Fax: 604-467-7329 • Email: enquiries@mapleridge.ca • www.mapleridge.ca A.. September 13, 2010 DISTRICT OF MAPLE RIDGE 11995 Haney Place Maple Ridge, BC V2X 6A9 c J 1 t"1_ 3-5541 J t e,pc'), _ocai:;oin 10,09 -236 ;fit, Nlaple midge_, , � Other� 3 L ATTENTION: Mayor Ernie Daykir, and Council RE.- Green Waste I Organics Drop off — Maple Ridge Transfer Station Ridge Meadows Recycling Society has been exploring options for maple Ridge to divert the 36% of -the waste stream that has been identified zzs `organics" and a very big determining factor in the development of a municipal wide program is the availability of a local drop-off or cornpositing processing facility for this commodity. Metro Vancouver has a residential green waste drop --off area at the Maple Ridge Transfer station. The Society has sent two letters (November 2007 & July 2009) requesting this site be developed to allow large commercial loads. Both times we were informed this site is at capacity: In their letter of response, Metro Vancouver suggested an alternative location, Fraser Richmond Soil & Fibre Port Coquitlam, but this is not a long -terra solution as this facility only has a 2 year lease. The Society has sent another letter to Metro Vancouver (attached) requesting they look at options for Maple Midge and we are asking Mayor ,and council to also send a letter asking Metro to consider alternatives to handle organics locally in Maple Ridge. The new Solid Waste Management plan has a target of 70% diversion by 2015 and the only way to achieve that goat is to aggressively target organics. Sincerely 5 RECYCLING SOCIETY Director cc: Frank Quinn, Andrew Wood Racyciing socjat�r September 10,2010 13METRO \VANCOUIVER, 4330 Kingsviay Ave Burnaby, BC V5H 4G8 Rhdg�e Meadvivs Rencycling Box 283, Maple Ridge. 80, V2\;/\-7") � Ij F ;,i o ne: (a 041 ) 4 8 3 - 5- 5 4 5 _x: ( 6 0) 4 i A 6 7 - 6'10 0 D a p o t L o catj o n - 10 0 9 2 - 36 6 .5 r- N1 a P l e R'rr d g ---. S f' , Erinail org " t �-) I- -\V-/, n F,ax# 604-451-6180 AT FENTION: Paul Remillard, (Contract Services Division Manager) Rai Waste 10irgadico dinoiri-off - Mapile i.-Md(ge Irrans-11evStai, �Ofl- 9 It Ridge Meadows Recycling Society/ fully supports Metro Vancouver's zero waste challenge initiatives and the goal of 70% diversion by 2015, Based on a 2006 Waste composition study, 36%, of Maple Ridge's garbage is organic waste; yard, food (kitchen) or wood waste. Together with our 559/o recycling rate, the addition of organics to the recycling program would exceed the new regional -target of 70% diversion Metro Vancouver has a residential green waste drop-off area at the Maple Ridge Transfer station. The Society has sent two letters (November 2007 & July 2009) requesting this site be developed -to allow large commercial loads and we were informed this site is at capacity. Alternative locations suggested (Fraser Richmond Soil & Fibre —Port Coquitlam) is not along -term solution. Maple Ridge continues to urge Metro Vancouver to redesign this facility by exploring options for a local drop-off or composting processing facility., vve are iookiing at options L;ancie i_w anics and' avallakiflity of- drop off is a very .,ig determining factor in the development of a municipal wide program, Sincerelyr' R1 G 'qi;DOVV Dav 11 , - RECYCLING SOCIETY Cc: Mr, Ralph Randt. (Senior Engineer, Contract Services) District of Maple Ridge - Frank Quinn, Andrew Wood