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HomeMy WebLinkAbout2024-04-22 (Special) Meeting Agenda Packet Please note: If you have a disability and need auxiliary aids or services, please notify the City of Englewood (303- 762-2405) at least 48 hours in advance of when services are needed. 1000 Englewood Pkwy – Council Chambers Englewood, CO 80110 AGENDA City Council Special Meeting Monday, April 22, 2024 ♦ 6:00 PM Council Dinner will be available at 5:30 p.m. To view the meeting, please follow this link to our YouTube live stream link: YouTube I. Call to Order II. Pledge of Allegiance III. Roll Call IV. Impact Fee Discussion a. Deputy City Manager Tim Dodd, Deputy Director of Parks, Recreation and Library Brad Anderson, and Carson Bise will be present to discuss Impact Fees. 6:00 p.m. to 6:40 p.m. Information Presentation: 20 minutes Discussion: 20 minutes iva documents V. Preliminary 2025-2029 Capital Projects List with City Council, Planning and Zoning Commission and Budget Advisory Committee a. Director of Finance Kevin Engels, and Budget Manager Jennifer Nolan will be present to review Preliminary 2025-2029 Capital Projects List with City Council, Planning and Zoning Commission and Budget Advisory Committee. 6:40 p.m. to 8:10 p.m. Information and Direction Presentation: 30 minutes Discussion: 60 minutes va documents VI. Break - 10 minutes 8:10 p.m. to 8:20 p.m. VII. March 2024 General Fund Monthly Financial Report a. Director of Finance Kevin Engels will be present to review the Monthly Financial Report. 8:20 p.m. to 8:35 p.m. Information Presentation: 10 minutes Discussion: 5 minutes viia documents VIII. Citizen of the Year Selection a. Council will review the 2024 Citizen of the Year nominations and select the 2024 Citizen Page 1 of 455 Englewood City Council Special Meeting Agenda April 22, 2024 Please note: If you have a disability and need auxiliary aids or services, please notify the City of Englewood (303- 762-2405) at least 48 hours in advance of when services are needed. of the Year. 8:35 p.m. to 8:55 p.m. Direction Presentation: 5 minutes Discussion; 15 minutes viia documents IX. Approval of Ordinances on Second Reading a. Drinking Water Revolving Fund Loan Agreements with the Colorado Water Resources and Power Development Authority for the Lead Reduction Program. ixa documents Staff: Director of Utilities and South Platte Renew, Pieter Van Ry; Deputy Director of Business Services - Engineering, Sarah Stone X. Reports from Board and Commission Council Liaisons XI. Council Member’s Choice XII. City Manager’s Choice XIII. Adjournment Page 2 of 455 STUDY SESSION TO: Mayor and Council FROM: Brad Anderson, Tim Dodd DEPARTMENT: City Manager's Office, Parks, Recreation & Library DATE: April 22, 2024 SUBJECT: Impact Fee Discussion DESCRIPTION: Impact Fee Study Session with Carson Bise RECOMMENDATION: Staff requests that Council review recommendations made by the City's contracted consultant and determine which development impact fees, if any, Council is interested considering for adoption. PREVIOUS COUNCIL ACTION:  Study Session- Development Impact Fee Study and Implementation (February 27, 2017)  Study Session- Impact Fees- Englewood's Current Regulations and Options for Consideration (January 28, 2019)  Study Session- Impact Fees (November 6, 2023)- Scheduled  Study Session- Impact Fees (January 8, 2024) SUMMARY: Impact fees are collected from new construction at the time a building permit is issued and used to construct system improvements needed to accommodate new development, and development impact fees represent the proportionate share of capital facility needs caused by future development. Impact fees are one component of a comprehensive funding strategy to ensure provision of adequate public facilities and may only be used for capital improvements or debt service for growth-related infrastructure. The City contracted with TishlerBise to conduct a study and develop recommendations relative to the impact of development on capital facilities and to calculate impact fees based on that analysis. TishlerBise developed, for Council review and consideration, impact fees for park, police, and multimodal improvements. On January 8, 2024, consultant Carson Bise from TishlerBise presented an overview of impact fees, and an impact fee analysis he conducted for the City. Council requested a follow up session to include staff and consultant priority rankings of the four proposed fees. ANALYSIS: Enabling Legislation and Requirements Impact fees are one-time payments imposed on new development that must be used solely to fund growth-related capital projects. Based on Colorado Revised Statute Section 29-20-104.5, impact fees must be legislatively adopted at a level no greater than necessary to defray impacts generally applicable to a broad class of property. Local governments may waive impact fees on Page 3 of 455 the development of low and moderate income housing, but the legislation does not address whether the local government is required to make up the difference caused by the waiving of fees. Statutes of other states allow impact fee schedules to include administrative costs related to impact fees and the preparation of capital improvement plans, but this is not specifically authorized in the Colorado statute. The Colorado law requires that capital improvements must have a useful life of at least five years and by law impact fees can only be used for capital improvements, not operating or maintenance costs, and they may not be used to repair or correct existing deficiencies in existing infrastructure. In Colorado, impact fees must:  Be one-time payments for growth related infrastructure and must not be used for operations, maintenance, or replacement;  Not be a tax, but a contractual arrangement to build growth-related infrastructure;  Meet growth-related infrastructure needs and provide infrastructure as growth occurs;  Represent the proportionate share of the capital costs for system improvements caused by new development; and  Provide a benefit to fee payers related to geographic service areas and accounting and expenditure controls. Methodologies Impact fees for capital improvements must be based on the same level of service provided to existing development in the service area with three basic methodologies used to calculate impact fees:  Cost Recovery (past improvements focuses on new development paying for its share of the useful life and remaining capacity of facilities already built, or land already purchased, from which new growth will benefit;  Incremental Expansion (concurrent improvement)- Incremental expansion methodology documents current standards for each type of public facility, using both quantitative and qualitative measures  Plan-Based (future improvements)- This methodology allocates costs for a specified set of improvements to a specified amount of development, with improvements typically identified in a long-range facility plan and development potential is identified by a land use plan. Ten Year Development Projections Modeling completed by TishlerBise predicts that in ten years Englewood will realize a:  Population increase of 5,358  Housing unit crease of 3,390  Employment decrease of 420 jobs overall  Nonresidential floor area increase of 344,000 square feet Police Impact Fees  Service area: Citywide  Methodologies: Consumption-based for vehicles and cost-recovery for station expansion  10-year demand: $66,000 in revenue for future police vehicles and $1.57 million in cost recovery revenue for the police station Page 4 of 455  Proposed fees: Development Type Persons Per Housing Unit (Residential) or Average Weekday Vehicle Trips (Nonresidential) Proposed Fees Residential- Single Family 2.36 (persons per housing unit) $807 (up $747 from current fee of $60) Residential- Multi-Family 1.49 (persons per housing unit) $509 (up $449 from current fee of $60) Nonresidential- Industrial 2.38 (average weekday vehicle trips) $268 (up $46 from current fee of $240) Nonresidential- Commercial 12.21 (average weekday vehicle trips) $1,469 (up $1,229 from current fee of $240) Nonresidential- Office and Other Services 5.42 (average weekday vehicle trips) $652 (up $412 from current fee of $240) Parks and Recreation Impact Fees  Service area: Citywide  Methodology: Consumption-based for park improvements without an assumed land component  10-year demand: $2.5 million in revenue for future park improvements and amenities  Proposed fees: Development Type Persons Per Housing Type Proposed Fees Single Family 2.36 $1,110 (up $910 from the current fee of $220) Multi-Family 1.49 $701 (up $501 from the current fee of $220) Multi-Modal Transportation  Service area: Citywide  Methodologies: Plan-based for trails, complete streets, and pedestrian/ bike improvements  10-year demand: $1.9 million in revenue for future multimodal improvements  Proposed fees: Development Type Average Weekday Person Trips Per Unit Proposed Fees Residential- Single Family 11.65 $1,882 Residential- Multi-Family 5.61 $906 Nonresidential- Industrial 4.97 $803 Nonresidential- Commercial 25.56 $4,130 Nonresidential- Office & Other Services 11.35 $1,834 The attached PowerPoint presentation includes proposed fees and cash flow for each of the three proposed impact fee areas, as well as a chart comparing similar fees in other cities in the Denver Metro Area. Page 5 of 455 Recommendations Staff and the consultant recommend consideration of prioritizing the four proposed fees: 1. Parks and recreation; 2. Police vehicles; 3. Police facilities (station expansion); and 4. Multi-modal transportation. COUNCIL ACTION REQUESTED: Staff requests that Council review recommendations made by the City's contracted consultant and determine which development impact fees, if any, Council is interested considering for adoption. FINANCIAL IMPLICATIONS: Funds collected through the assessment of development impact fees would be utilized for capital-related projects caused by new development. CONNECTION TO STRATEGIC PLAN: Outcome Area: Governance Goal: Revenue and Finances- Varied and sustainable approaches to revenue OUTREACH/COMMUNICATIONS: If approved by Council, development fee information would be posted on the City's website and made available to members of the community and prospective developers who would be impacted by the fees. ATTACHMENTS: Development Impact Fee Report Development Impact Fee Presentation Page 6 of 455 Impact Fee Study Prepared for: Englewood, Colorado October 10, 2023 4701 Sangamore Road Suite S240 Bethesda, MD 301.320.6900 www.TischlerBise.com Page 7 of 455 Development Impact Fee Study Englewood, Colorado [PAGE INTENTIONALLY LEFT BLANK] Page 8 of 455 Development Impact Fee Study Englewood, Colorado i TABLE OF CONTENTS Executive Summary ................................................................................................................ 1 Colorado Impact Fee Enabling Legislation ......................................................................................... 1 General Legal Framework ................................................................................................................. 2 Conceptual Impact Fee Calculation ................................................................................................... 3 Evaluation of Credits ........................................................................................................................ 4 General Methodologies .................................................................................................................... 4 Impact Fees ............................................................................................................................ 6 Proposed Impact Fee Methodologies ............................................................................................... 6 Proposed Development Impact Fees ................................................................................................ 6 Police ...................................................................................................................................... 8 Service Area ..................................................................................................................................... 8 Proportionate Share ......................................................................................................................... 8 Police Station Cost Recovery Component ......................................................................................... 9 Police Vehicles Incremental Expansion ............................................................................................. 9 Projected Demand for Police Vehicles ............................................................................................ 11 Proposed Police Impact Fees .......................................................................................................... 11 Projected Police Impact Fee Revenue ............................................................................................. 13 Park Improvements .............................................................................................................. 14 Service Area ................................................................................................................................... 14 Proportionate Share ....................................................................................................................... 14 Park Improvements Incremental Expansion Component ................................................................ 14 Projected Demand for Park Improvements .................................................................................... 16 Credits ........................................................................................................................................... 17 Proposed Park Improvement Impact Fees ...................................................................................... 17 Projected Park Improvement Impact Fee Revenue ......................................................................... 18 Multimodal Transportation Improvements ........................................................................... 19 Methodology ................................................................................................................................. 19 Service Area ................................................................................................................................... 19 Proportionate Share ....................................................................................................................... 19 Average Weekday Person Trips ...................................................................................................... 19 Person Trip Methodology .............................................................................................................................. 19 Residential Demand Units ............................................................................................................................. 20 Nonresidential Demand Units ....................................................................................................................... 20 Mode Share and Vehicle Occupancy ............................................................................................................. 21 Vehicle Trip Ends to Find Total Person Trip Ends ........................................................................................... 22 Trips Adjustment Factors ............................................................................................................................... 23 Residential Trip Adjustment ...................................................................................................................... 23 Nonresidential Trip Adjustment ................................................................................................................ 23 Person Trips by Mode .................................................................................................................................... 23 Average Weekday Person Trips ..................................................................................................................... 24 Level-of-Service Analysis ................................................................................................................ 25 Multimodal Transportation Improvements Plan ........................................................................................... 25 Credits ........................................................................................................................................... 26 Proposed Multimodal Transportation Impact Fees ......................................................................... 26 Projected Multimodal Transportation Impact Fee Revenue ............................................................ 27 Appendix A: Land Use Assumptions ...................................................................................... 28 Page 9 of 455 Development Impact Fee Study Englewood, Colorado ii Summary of Growth Indicators ...................................................................................................... 29 Residential Development ............................................................................................................... 30 Recent Residential Construction ................................................................................................................... 30 Persons Per Housing Unit .............................................................................................................................. 31 Residential Estimates ..................................................................................................................................... 32 Residential Projections .................................................................................................................................. 32 Nonresidential Development ......................................................................................................... 33 Nonresidential Floor Area Ratios ................................................................................................................... 33 Nonresidential Estimates ............................................................................................................................... 34 Nonresidential Projections ............................................................................................................................ 34 Development Projections ............................................................................................................... 35 Appendix B: Land Use Definitions ......................................................................................... 36 Residential Development ............................................................................................................... 36 Nonresidential Development ......................................................................................................... 37 Page 10 of 455 Development Impact Fee Study Englewood, Colorado 1 EXECUTIVE SUMMARY The City of Englewood retained TischlerBise to prepare this study to analyze the impacts of development on capital facilities and calculate impact fees based on that analysis. Impact fees are collected from new construction at the time a building permit is issued and used to construct system improvements needed to accommodate new development. A development impact fee represents future development’s proportionate share of capital facility needs. Impact fees do have limitations and should not be regarded as the total solution for infrastructure funding. Rather, they are one component of a comprehensive funding strategy to ensure provision of adequate public facilities. Impact fees may only be used for capital improvements or debt service for growth-related infrastructure. In contrast to general taxes, development impact fees may not be used for operations, maintenance, replacement of infrastructure, or correcting existing deficiencies. This update of Englewood’s impact fees includes infrastructure components in the following areas: § Park Improvements § Police § Multimodal Transportation Improvements The purpose of this study is to demonstrate Englewood’s compliance with the Colorado Revised Statute 29-20-104.5. Consistent with the authorization, it is the intent of the City of Englewood to impose impact fees to fund expenditures on capital facilities needed to serve new development. The proposed fees will be legislatively adopted at a level no greater than necessary to defray impacts directly related to and generally applicable to a broad class of property. Colorado Impact Fee Enabling Legislation Impact fees are one-time payments imposed on new development that must be used solely to fund growth-related capital projects, typically called “system improvements”. An impact fee represents new growth’s proportionate share of capital facility needs. In contrast to project-level improvements, impact fees fund infrastructure that will benefit multiple development projects, or even the entire service area, as long as there is a reasonable relationship between the new development and the need for the growth- related infrastructure. According to Colorado Revised Statute Section 29-20-104.5, impact fees must be legislatively adopted at a level no greater than necessary to defray impacts generally applicable to a broad class of property. The purpose of impact fees is to defray capital costs directly related to proposed development. The statutes of other states allow impact fee schedules to include administrative costs related to impact fees and the preparation of capital improvement plans, but this is not specifically authorized in Colorado’s statute. Impact fees do have limitations and should not be regarded as the total solution for infrastructure funding. Rather, they are one component of a comprehensive portfolio to ensure adequate provision of public facilities. Because system improvements are larger and costlier, they may require bond financing and/or funding from other revenue sources. To be funded by impact fees, Section 29-20-104.5 requires that the capital improvements must have a useful life of at least five years. By law, impact fees can only be used Page 11 of 455 Development Impact Fee Study Englewood, Colorado 2 for capital improvements, not operating or maintenance costs. Also, impact fees cannot be used to repair or correct existing deficiencies in existing infrastructure. General Legal Framework Both state and federal courts have recognized the imposition of impact fees as a legitimate form of land use regulation, provided the fees meet standards intended to protect against regulatory takings. Land use regulations, development exactions, and impact fees are subject to the Fifth Amendment prohibition on taking of private property for public use without just compensation. To comply with the Fifth Amendment, development regulations must be shown to substantially advance a legitimate governmental interest. In the case of impact fees, that interest is in the protection of public health, safety, and welfare by ensuring development is not detrimental to the quality of essential public services. The means to this end are also important, requiring both procedural and substantive due process. The process followed to receive community input (i.e., stakeholder meetings, work sessions, and public hearings) provides opportunities for comments and refinements to the impact fees. There is little federal case law specifically dealing with impact fees, although other rulings on other types of exactions (e.g., land dedication requirements) are relevant. In one of the most important exaction cases, the U. S. Supreme Court found that a government agency imposing exactions on development must demonstrate an “essential nexus” between the exaction and the interest being protected (see Nollan v. California Coastal Commission, 1987). In a more recent case (Dolan v. Town of Tigard, OR, 1994), the Court ruled that an exaction also must be “roughly proportional” to the burden created by development. However, the Dolan decision appeared to set a higher standard of review for mandatory dedications of land than for monetary exactions such as impact fees. There are three reasonable relationship requirements for impact fees that are closely related to “rational nexus”, or “reasonable relationship” requirements enunciated by a number of state courts. Although the term “dual rational nexus” is often used to characterize the standard by which courts evaluate the validity of impact fees under the U.S. Constitution, we prefer a more rigorous formulation that recognizes three elements: “need,” “benefit,” and “proportionality.” The dual rational nexus test explicitly addresses only the first two, although proportionality is reasonably implied, and was specifically mentioned by the U.S. Supreme Court in the Dolan case. Individual elements of the nexus standard are discussed further in the following paragraphs. All new development in a community creates additional demands on some, or all, public facilities provided by local government. If the capacity of facilities is not increased to satisfy that additional demand, the quality or availability of public services for the entire community will deteriorate. Impact fees may be used to recover the cost of development-related facilities, but only to the extent that the need for facilities is a consequence of development that is subject to the fees. The Nollan decision reinforced the principle that development exactions may be used only to mitigate conditions created by the developments upon which they are imposed. That principle clearly applies to impact fees. In this study, the impact of development on infrastructure needs is analyzed in terms of quantifiable relationships between various types of development and the demand for specific capital facilities, based on applicable level-of-service standards. Page 12 of 455 Development Impact Fee Study Englewood, Colorado 3 The requirement that exactions be proportional to the impacts of development was clearly stated by the U.S. Supreme Court in the Dolan case and is logically necessary to establish a proper nexus. Proportionality is established through the procedures used to identify development-related facility costs, and in the methods used to calculate impact fees for various types of facilities and categories of development. The demand for capital facilities is measured in terms of relevant and measurable attributes of development (e.g., a typical housing unit’s average weekday vehicle trips). A sufficient benefit relationship requires that impact fee revenues be segregated from other funds and expended only on the facilities for which the fees were charged. Impact fees must be expended in a timely manner and the facilities funded by the fees must serve the development paying the fees. However, nothing in the U.S. Constitution or the state enabling legislation requires that facilities funded with fee revenues be available exclusively to development paying the fees. In other words, benefit may extend to a general area including multiple real estate developments. Procedures for the earmarking and expenditure of fee revenues are discussed near the end of this study. All of these procedural as well as substantive issues are intended to ensure that new development benefits from the impact fees they are required to pay. The authority and procedures to implement impact fees is separate from and complementary to the authority to require improvements as part of subdivision or zoning review. As documented in this report, the City of Englewood has complied with applicable legal precedents. Impact fees are proportionate and reasonably related to the capital improvement demands of new development. Specific costs have been identified using local data and current dollars. With input from city staff, TischlerBise identified demand indicators for each type of infrastructure and calculated proportionate share factors to allocate costs by type of development. This report documents the formulas and input variables used to calculate the development impact fees for each type of public facility. Development impact fee methodologies also identify the extent to which new development is entitled to various types of credits to avoid potential double payment of growth-related capital costs. Conceptual Impact Fee Calculation In contrast to project-level improvements, impact fees fund growth-related infrastructure that will benefit multiple development projects, or the entire service area (usually referred to as system improvements). The first step is to determine an appropriate demand indicator for the particular type of infrastructure. The demand indicator measures the number of service units for each unit of development. For example, an appropriate indicator of the demand for parks is population growth and the increase in population can be estimated from the average number of persons per housing unit. The second step in the development impact fee formula is to determine infrastructure improvement units per service unit, typically called level-of-service (LOS) standards. In keeping with the park example, a common LOS standard is improved park acres per thousand people. The third step in the impact fee formula is the cost of various infrastructure units. To complete the park example, this part of the formula would establish a cost per acre for land acquisition and/or park improvements. Page 13 of 455 Development Impact Fee Study Englewood, Colorado 4 Evaluation of Credits Regardless of the methodology, a consideration of credits is integral to the development of a legally defensible impact fee. There are two types of credits that should be addressed in impact fee studies and ordinances. The first is a revenue credit due to possible double payment situations, which could occur when other revenues may contribute to the capital costs of infrastructure covered by the impact fee. This type of credit is integrated into the fee calculation, thus reducing the fee amount. The second is a site- specific credit or developer reimbursement for dedication of land or construction of system improvements. This type of credit is addressed in the administration and implementation of the impact fee program. For ease of administration, TischlerBise normally recommends developer reimbursements for system improvements. General Methodologies Impact fees for the capital improvements made necessary by new development must be based on the same level of service (LOS) provided to existing development in the service area. There are three basic methodologies used to calculate impact fees. They examine the past, present, and future status of infrastructure. The objective of evaluating these different methodologies is to determine the best measure of the demand created by new development for additional infrastructure capacity. Each methodology has advantages and disadvantages in a particular situation and can be used simultaneously for different cost components. Reduced to its simplest terms, the process of calculating impact fees involves two main steps: (1) determining the cost of development-related capital improvements and (2) allocating those costs equitably to various types of development. In practice, though, the calculation of impact fees can become quite complicated because of the many variables involved in defining the relationship between development and the need for facilities within the designated service area. The following paragraphs discuss basic methodologies for calculating impact fees and how those methodologies can be applied. • Cost Recovery (past improvements) - The rationale for recoupment, often called cost recovery, is that new development is paying for its share of the useful life and remaining capacity of facilities already built, or land already purchased, from which new growth will benefit. This methodology is often used for utility systems that must provide adequate capacity before new development can take place. • Incremental Expansion (concurrent improvements) - The incremental expansion methodology documents current LOS standards for each type of public facility, using both quantitative and qualitative measures. This approach assumes there are no existing infrastructure deficiencies or surplus capacity in infrastructure. New development is only paying its proportionate share for growth-related infrastructure. Revenue will be used to expand or provide additional facilities, as needed, to accommodate new development. An incremental expansion cost method is best suited for public facilities that will be expanded in regular increments to keep pace with development. • Plan-Based (future improvements) - The plan-based methodology allocates costs for a specified set of improvements to a specified amount of development. Improvements are typically identified Page 14 of 455 Development Impact Fee Study Englewood, Colorado 5 in a long-range facility plan and development potential is identified by a land use plan. There are two basic options for determining the cost per demand unit: (1) total cost of a public facility can be divided by total demand units (average cost), or (2) the growth-share of the public facility cost can be divided by the net increase in demand units over the planning timeframe (marginal cost). Page 15 of 455 Development Impact Fee Study Englewood, Colorado 6 IMPACT FEES Proposed Impact Fee Methodologies Figure 1 summarizes the methods and cost components used for each infrastructure category in Englewood’s impact fee study. After consideration of input during work sessions and public hearings, the City may change the proposed impact fees by eliminating infrastructure types, cost components, and/or specific capital improvements. If changes are made during the adoption process, TischlerBise will update the fee study to be consistent with legislative decisions. Figure 1: Proposed Development Impact Fee Service Areas, Methodologies, and Cost Components Proposed Development Impact Fees For residential development, proposed fees are assessed per dwelling unit, based on the type of unit. Nonresidential impact fees will be assessed per 1,000 square feet of floor area, based on the type of development. The proposed nonresidential development impact fee schedule is designed to provide a reasonable determination for broad nonresidential development types – Industrial, Commercial, and Office & Other Services – to simplify the administration of nonresidential fees. For unique development types, Englewood may allow or require an independent fee determination. Figure 2: Proposed Development Impact Fee Schedule Infrastructure Category Service Area Cost Recovery Incremental Expansion Plan-Based Cost Allocation Parks Citywide N/A Park Improvements N/A Population Police Citywide Police Facilities Police Vehicles N/A Population, Nonres. Vehicle Trips Multimodal Transportation Citywide N/A N/A Multimodal Transportation Improvements Person Trips Residential Development Single Family $1,110 $807 $1,882 $3,798 Multi-Family $701 $509 $906 $2,116 Nonresidential Development Industrial $0 $286 $803 $1,089 Commercial $0 $1,469 $4,130 $5,599 Office & Other Service $0 $652 $1,834 $2,486 Fees per 1,000 Square Feet Fees Per Unit TotalDevelopment Type Development Type Police Multimodal Transportation Police Multimodal Transportation Parks Parks Total Page 16 of 455 Development Impact Fee Study Englewood, Colorado 7 All costs in the impact fee calculations are given in current dollars with no assumed inflation rate. Necessary cost adjustments can be made as part of the recommended annual evaluation and fee update. One approach is to adjust for inflation in construction costs by means of an index like the one published by Engineering News Record (ENR). This index can be applied against the calculated development impact fees. If cost estimates change significantly, the fees should be recalculated. Page 17 of 455 Development Impact Fee Study Englewood, Colorado 8 POLICE The Police impact fees include components for Police station space and vehicles. The cost recovery methodology is used for the station component. The incremental expansion methodology is used for the vehicle component. The Police impact fee is calculated on a per capita basis for residential development and a per vehicle trip basis for nonresidential development. The residential portion is derived from the product of persons per housing unit (by type) multiplied by the net cost per person. The nonresidential portion is derived from the product of vehicle trips generated per 1,000 square feet of nonresidential space multiplied by the net cost per vehicle trip. Service Area TischlerBise recommends a single Citywide service area for the Police impact fees. Proportionate Share TischlerBise recommends functional population to allocate the cost of additional Police facilities to residential and nonresidential development. Functional population accounts for people living and working in a jurisdiction, but also considers commuting patterns and time spent at home and at nonresidential locations. OnTheMap is a web-based mapping and reporting application that shows where workers are employed and where they live. It describes geographic patterns of jobs by their employment locations and residential locations as well as the connections between the two locations. OnTheMap was developed through a unique partnership between the U.S. Census Bureau and its Local Employment Dynamics (LED) partner states. Based on 2020 (the most current dataset) functional population data for Englewood, the cost allocation for residential development is 64 percent and 36 percent for nonresidential development. Figure P1: Functional Population Residential Demand Person Population 33,178 Hours/Day Hours Residents Not Working 15,742 20 314,840 Employed Residents 17,436 Residents Employed in Englewood 1,262 14 17,668 Residents Employed outside Englewood 16,174 14 226,436 Residential Subtotal 558,944 Residential Share 64% Nonresidential Residents Not Working 15,742 4 62,968 Jobs Located in Englewood 24,502 Residents Employed in Englewood 1,262 10 12,620 Non-Resident Workers (Inflow Commuters)23,240 10 232,400 Nonresidential Subtotal 307,988 Nonresidential Share 36% Total 866,932 Source: U.S. Census Bureau, OnTheMap 6.1.1 Application and LEHD Origin-Destination Employment Statistics. Demand Units in 2020 Page 18 of 455 Development Impact Fee Study Englewood, Colorado 9 The residential police impact fees are calculated per housing unit. For nonresidential development TischlerBise recommends using vehicle trips as the best demand indicator for Police facilities. Trip generation rates are used for nonresidential development because vehicle trips are highest for commercial/retail developments, such as shopping centers, and lowest for industrial development. Office and institutional trip rates fall between the other two categories. This ranking of trip rates is consistent with the relative demand for police services and facilities from nonresidential development. Other possible nonresidential demand indicators, such as employment or floor area, will not accurately reflect the demand for service. For example, if employees per thousand square feet were used as the demand indicator, police impact fees would be too high for office and institutional development because offices typically have more employees per 1,000 square feet than retail uses. Police Station Cost Recovery Component The City of Englewood constructed a new 50,269 square foot police station in 2017. The City debt-financed the new station to provide capacity for new development in the City. The cost recovery portion of the Police Facilities development fee will be used to cover new development’s share of Police station debt service payments. Future debt service for the City’s Police facilities expansion, as shown in Figure P2, is $20,520,000. As shown in Figure P2, the total principal and interest on the City’s bond for the Police station totals $20,520,000. When this cost is spread over the estimated increase in service units (population and vehicle trips) at the end of the remaining bond term and is multiplied by the proportionate share factors discussed above, the cost per person is $328.26 and the cost per nonresidential vehicle trip is $116.45. Figure P2: Police Station Cost Recovery Component Police Vehicles Incremental Expansion Englewood will maintain current levels of service for future development by incrementally expanding its existing fleet of 21 police vehicles. To allocate the proportionate share of demand to residential and nonresidential development, this analysis uses functional population outlined above in Figure P1 Englewood’s existing level of service for residential development is 0.0004 units per person (21 units X 64 percent residential share / 33,041 persons). For nonresidential development, the existing LOS is 0.0001 units per vehicle trip (21 units X 36 percent nonresidential share / 65,496 vehicle trips). Based information provided by the Englewood Police Department, the weighted average cost of the existing fleet is $33,206 per vehicle – this includes the cost of the vehicle and any equipment needed to Facility Outstanding Principal and Interest Year of Final Debt Payment Type of Development Demand Unit Proportionate Share Service Unit Increase to 2023-2036 Residential person 64%40,007 Nonresidential vehicle trip 36%63,433 Cost Analysis $328.26 $116.45 Englewood Police Station $20,520,000 2036 Cost per Person: Cost per Job: Page 19 of 455 Development Impact Fee Study Englewood, Colorado 10 place the vehicle into service (i.e., decals, lights, radios, computers, etc.). For police vehicles, the cost is $13.51 per person (0.0004 units per person X $33,206 per unit) and $3.83 per vehicle trip (0.0001 units per vehicle trip X $33,206 per unit). Figure P3: Existing Level of Service Description Count Cost Per Unit Total Cost 2019 Chevrolet Traverse 4 $30,335 $121,340 2020 Chevrolet Tahoe 2 $45,897 $91,794 2009 Ford F150 1 $32,125 $32,125 1995 Ford E350 1 $41,806 $41,806 2019 Dodge Grand Caravan 1 $25,144 $25,144 2019 Chevorlet Impala 1 $17,802 $17,802 2019 Ford F550 1 $45,838 $45,838 2016 Ford Grand Caravan 1 $25,144 $25,144 2020 Dodge, Ford, and Jeep SUVs 4 $35,000 $140,000 2016 Ford Explorer 1 $35,000 $35,000 2015 Jeep Cherokee 1 $30,335 $30,335 Nissan Xterra 1 $30,335 $30,335 2016 Chevrolet Equinox 1 $30,335 $30,335 2022 Chevy Equinox 1 $30,335 $30,335 Total Vehicles 21 Total Cost $697,333 Cost per Vehicle $33,206 Total Vehicles 21 Residential Share 64% 2023 Population 33,041 Police Square Feet per Person 0.0004 Cost per Person $13.51 Nonresidential Share 36% 2023 Vehicle Trips 65,496 Square Feet per Vehicle Trip 0.0001 Cost per Vehicle Trip $3.83 Source: Englewood, Colorado Cost Allocation Factors Level-of-Service (LOS) Standards Residential Nonresidential Page 20 of 455 Development Impact Fee Study Englewood, Colorado 11 Projected Demand for Police Vehicles To estimate the 10-year growth needs for Police vehicles, the current level of service (0.0004 units per person and 0.0001 units per nonresidential vehicle trip) is applied to the residential and nonresidential growth projected for the City of Englewood. The City is projected to increase by 5,358 residents and there is a projected decrease of 1,621 nonresidential vehicle trips over the next ten years (see Appendix A). Listed in Figure P4, there is a projected need for 2 units of growth-related Police vehicles to accommodate new development in the City at the present level of service. By applying the average cost per vehicle ($33,206), the total projected growth-related Police vehicles expenditure is approximately $66,164. Figure P4: Projected Demand for Police Vehicles Proposed Police Impact Fees Infrastructure components and cost factors for Police impact fees are summarized in the upper portion of Figure P5. For Police impact fees, the net capital cost is $341.77 per person and $120.28 per nonresidential vehicle trip. Police impact fees for residential development are assessed according to the number of persons per housing unit. The single-family fee of $807 is calculated using the $341.77 cost per person multiplied by demand units of 2.36 persons per housing unit. Demand Unit Cost per Vehicle 0.0004 Units per Person 0.0001 Units per Vehicle Trip Residential Nonresidential Total 2023 33,041 65,496 13.4 7.6 21.0 2024 33,577 65,420 13.7 7.6 21.2 2025 34,113 65,345 13.9 7.5 21.4 2026 34,648 65,273 14.1 7.5 21.6 2027 35,184 64,820 14.3 7.5 21.8 2028 35,720 64,656 14.5 7.5 22.0 2029 36,256 64,495 14.7 7.4 22.2 2030 36,792 64,337 15.0 7.4 22.4 2031 37,328 64,180 15.2 7.4 22.6 2032 37,864 64,026 15.4 7.4 22.8 2033 38,399 63,875 15.6 7.4 23.0 10-Yr Increase 5,358 (1,621)2.2 (0.2)2.0 $72,379 ($6,215)$66,164 Type of Infrastructure Growth-Related Expenditures Level of Service Police Vehicles $33,206 Demand for Police Vehicles Year Population Nonresidential Vehicle Trips Police Vehicles Page 21 of 455 Development Impact Fee Study Englewood, Colorado 12 Nonresidential development impact fees are assessed according to the number of average weekday vehicle trips per 1,000 square feet of floor area. The industrial fee of $286 per 1,000 square feet of floor area is derived from a cost of $120.28 per vehicle trip, multiplied by demand units of 2.38 adjusted average day vehicle trips per 1,000 square feet. Figure P5: Proposed Police Impact Fees Fee Component Cost per Person Cost per Trip Police Facilities $328.26 $116.45 Police Vehicles $13.51 $3.83 Total $341.77 $120.28 Residential Development Single Family 2.36 $807 $60 $747 Multi-Family 1.49 $509 $60 $449 Nonresidential Development Industrial 2.38 $286 $240 $46 Commercial 12.21 $1,469 $240 $1,229 Office & Other Service 5.42 $652 $240 $412 1. See Land Use Assumptions Proposed Fees Development Type Persons per Housing Unit1 Proposed Fees Development Type Average Wkdy Vehicle Trips1 Fees per 1,000 Square Feet Current Fee Difference Fees per Unit Current Fee Difference Page 22 of 455 Development Impact Fee Study Englewood, Colorado 13 Projected Police Impact Fee Revenue Projected fee revenue shown below is based on the development projections, shown in Appendix A, and the proposed Police impact fees shown in above in Figure P5. The revenue projection shown below is just an approximation. If development occurs at a more rapid rate than projected, the demand for infrastructure will increase and impact fee revenue will increase at a corresponding rate. If development occurs at a slower rate than is projected, the demand for infrastructure will also decrease, along with impact fee revenue. Projected impact fee revenue equals $1,696,473 and projected growth-related expenditures equal $1,636,334. Figure P6: Projected Police Impact Fee Revenue Growth Share Existing Share Total Police Facilities $1,570,169 $14,214,446 $15,784,615 Police Vehicles $66,164 $0 $66,164 Total $1,636,334 $14,214,446 $15,850,780 Single Family Detached Single Family Attached Multi-Family Industrial Commercial Office & Other $807 $807 $509 $286 $1,469 $652 per unit per unit per unit per KSF per KSF per KSF Hsg Unit Hsg Unit Hsg Unit KSF KSF KSF Base 2022 8,830 1,257 6,198 8,100 2,900 2,000 Year 1 2023 8,826 1,296 6,502 8,100 2,886 2,019 Year 2 2024 8,822 1,336 6,805 8,100 2,871 2,037 Year 3 2025 8,818 1,375 7,109 8,100 2,857 2,056 Year 4 2026 8,815 1,414 7,413 7,939 2,842 2,075 Year 5 2027 8,811 1,453 7,716 7,900 2,828 2,095 Year 6 2028 8,807 1,492 8,020 7,860 2,814 2,114 Year 7 2029 8,803 1,531 8,324 7,821 2,800 2,134 Year 8 2030 8,799 1,571 8,627 7,782 2,786 2,154 Year 9 2031 8,795 1,610 8,931 7,743 2,772 2,174 Year 10 2032 8,792 1,649 9,235 7,704 2,758 2,194 (38)392 3,037 (396)(142)194 $0 $23,500 $1,546,372 $0 $0 $126,385 $1,696,257 Projected Revenue 10-Year Increase Year Projected Fee Revenue Fee Component Page 23 of 455 Development Impact Fee Study Englewood, Colorado 14 PARK IMPROVEMENTS The Park Improvements impact fee is based on the incremental expansion methodology. The impact fee methodology assumes the City will construct additional recreation improvements through the development of existing park land to serve future growth to maintain current levels of service incrementally over time. The purchase of future park land is not included in the impact fee calculation. Service Area TischlerBise recommends a single Citywide service area for the Park Improvement impact fees. Proportionate Share Impact fees should not exceed a proportionate share of the capital cost needed to provide capital facilities to the development. The Park Improvements impact fees allocate 100 percent of the cost of capital facilities to residential development. Park Improvements Incremental Expansion Component Although the City of Englewood has over 430 acres of parks and open space, the focus of the impact fee calculation is developing improvements on existing parks. The impact fee does not include a land purchase component. Figure PI1 contains an inventory of City parks and the improvements at each. Figure PI: Inventory of City Parks and Improvements Figure PI2 indicates the City’s 77 park improvements have a total estimated replacement cost of $15,534,610. When compared to the number of park improvements, this results in a weighted average cost of $201,748 per improvement. This analysis allocates 100 percent of park improvement demand to residential development. The existing level of service for residential development is 0.0023 improvements per person (77 existing improvements Description Acres Baseball/Softball Field Basketball Court Multi-Use Field Off Leash Dog Area Pavillion Pickleball Court Playground Restrooms Skatepark Tennis Courts Slackline Poles Baker Park 0.9 1.0 1.0 1.0 Barde Park 3.7 Bates Logan 6.8 1.0 1.0 1.0 1.0 1.0 Belleview Park 36.1 1.0 1.0 4.0 2.0 3.0 4.0 Centennial Park 37.3 1.0 1.0 1.0 2.0 1.0 1.0 Clarkson Park 0.8 Cushing Park 11.2 1.0 1.0 2.0 1.0 1.0 1.0 Depot property (Community Garden)0.9 Duncan Park 3.8 1.0 1.0 1.0 1.0 1.0 1.0 Emerson Park 1.3 Englewood Canine Corral 1.5 Golf Course 253.0 1.0 1.0 Jason Park 8.1 1.0 1.0 1.0 1.0 1.0 Little Dry Creek 14.2 Malley Center 2.1 Miller Field 5.7 2.0 2.0 Natches Frontage Rd.0.5 1.0 Northwest Greenbelt 10.8 1.0 Pirates Cove 5.4 Plaza area 3.5 Police/Fire 2.0 Recreation Center 3.6 Rockies Field 8.0 2.0 1.0 1.0 Romans Park 4.6 1.0 1.0 2.0 1.0 3.0 1.0 Rotolo Park 3.3 1.0 1.0 1.0 Sinclair courts 0.7 1.0 2.0 Sinclair field 4.1 1.0 1.0 Southwest Greenbelt 5.5 Total 439.2 8.0 7.0 10.0 0.0 16.0 3.0 12.0 12.0 1.0 7.0 1.0 Page 24 of 455 Development Impact Fee Study Englewood, Colorado 15 X 100 percent residential share / 33,041 persons). The analysis uses an average cost of $201,748 per improvement. The park improvement cost is $470.16 per person (0.0023 improvements per person X $201,748 per improvement). Figure PI2: Park Improvements Level of Service and Cost Allocation Description Improvements Unit Cost Replacement Cost Baseball/Softball Field 8 $340,613 $2,724,902 Basketball Court 7 $113,280 $792,960 Multi-Use Field 10 $115,000 $1,150,000 Pavillion 16 $31,000 $496,000 Pickleball Court 3 $105,565 $316,696 Playground 12 $200,000 $2,400,000 Restrooms 12 $534,404 $6,412,852 Skatepark 1 $156,500 $156,500 Tennis Courts 7 $152,100 $1,064,700 Slackline Poles 1 $20,000 $20,000 Total 77 $201,748 $15,534,610 Cost per Improvement $201,748 Existing Improvements 77 Residential Share 100% 2023 Population 33,041 Improvements per Person 0.0023 Cost per Person $470.16 Source: Englewood, Colorado Level-of-Service (LOS) Standards Residential Cost Allocation Factors Page 25 of 455 Development Impact Fee Study Englewood, Colorado 16 Projected Demand for Park Improvements To estimate the 10-year growth needs for park improvements, the current level of service (0.0023 improvements per person) is applied to the residential growth projected for the City of Englewood. The City is projected to increase by 5,358 residents over the next ten years (see Appendix A). Listed in Figure PI3, there is projected need for 12.5 park improvements (5,358 additional persons X 0.0023 improvements per person) to accommodate new development in the City at the present level of service. By applying the average cost per improvement ($201,748), the total projected growth-related improvement need is approximately $2.5 million. Figure PI3: Projected Demand for Park Improvements Demand Unit Cost per Unit 0.0023 Improvements per Person $201,748 2023 33,041 77.0 2024 33,577 78.2 2025 34,113 79.5 2026 34,648 80.7 2027 35,184 82.0 2028 35,720 83.2 2029 36,256 84.5 2030 36,792 85.7 2031 37,328 87.0 2032 37,864 88.2 2033 38,399 89.5 10-Yr Increase 5,358 12.5 $2,519,372 Population Improvements Demand for Park Improvements Growth-Related Expenditures Year Type of Infrastructure Level of Service Park Improvements Page 26 of 455 Development Impact Fee Study Englewood, Colorado 17 Credits As the City has no outstanding debt on its park facilities, a credit for future principal payments is not included. If elected officials make a legislative policy decision to fully fund growth-related costs from impact fees, there will be no potential double-payment from other revenue sources. Proposed Park Improvement Impact Fees Infrastructure components and cost factors for the Park Improvements impact fees are summarized in the upper portion of Figure PI4. The capital cost per person is $470.16. Park Improvement impact fees for residential development are assessed according to the number of persons per housing unit. The single-family fee of $1,110 is calculated using a cost of $470.16 per person multiplied by a demand unit of 2.36 persons per housing unit. Figure PI4: Proposed Park Improvement Impact Fees Fee Component Cost per Person Park Improvements $470.16 Total $470.16 Residential Development Single Family 2.36 $1,110 $200 $910 Multi-Family 1.49 $701 $200 $501 1. See Land Use Assumptions Fees per Unit Development Type Persons per Housing Unit1 Proposed Fees Current Fee Difference Page 27 of 455 Development Impact Fee Study Englewood, Colorado 18 Projected Park Improvement Impact Fee Revenue Projected fee revenue shown below is based on the development projections, shown in Appendix A, and the proposed Park Improvement impact fees shown above in Figure PI4. The revenue projection shown below is just an approximation. If development occurs at a more rapid rate than projected, the demand for infrastructure will increase and impact fee revenue will increase at a corresponding rate. If development occurs at a slower rate than is projected, the demand for infrastructure will also decrease, along with impact fee revenue. Projected impact fee revenue equals $2,561,906 and projected growth- related expenditures equal $2,519,372. Figure PI5: Projected Park Improvement Impact Fee Revenue Growth Share Existing Share Total Park Improvements $2,519,372 $0 $2,519,372 Total $2,519,372 $0 $2,519,372 Single Family Detached Single Family Attached Multi-Family $1,110 $1,110 $701 per unit per unit per unit Hsg Unit Hsg Unit Hsg Unit Base 2023 8,830 1,257 6,198 Year 1 2024 8,826 1,296 6,502 Year 2 2025 8,822 1,336 6,805 Year 3 2026 8,818 1,375 7,109 Year 4 2027 8,815 1,414 7,413 Year 5 2028 8,811 1,453 7,716 Year 6 2029 8,807 1,492 8,020 Year 7 2030 8,803 1,531 8,324 Year 8 2031 8,799 1,571 8,627 Year 9 2032 8,795 1,610 8,931 Year 10 2033 8,792 1,649 9,235 (38)392 3,037 $0 $434,588 $2,127,318 $2,561,906Projected Fee Revenue Year Fee Component 10-Year Increase Projected Revenue Page 28 of 455 Development Impact Fee Study Englewood, Colorado 19 MULTIMODAL TRANSPORTATION IMPROVEMENTS Methodology The Multimodal Transportation impact fees include components for multimodal and complete street improvements. The plan-based methodology is used. Service Area Englewood plans to provide a uniform level of service and equal access to its transportation network within the city limits; therefore, the Multimodal Transportation impact fees will be assessed in a citywide service area. Proportionate Share Impact fees should not exceed a proportionate share of the capital cost needed to provide capital facilities to the development. The Multimodal Transportation impact fees will proportionately allocate the cost of capital facilities to residential and nonresidential development. The proportionate share of costs attributable to development will be allocated to average weekday person trips and then converted to an appropriate amount by land use. Average Weekday Person Trips Englewood will use average weekday person trips (AWPT) for Multimodal Transportation impact fees. Components used to determine average weekday person trips include trip generation rates and adjustments for pass-by trips. PERSON TRIP METHODOLOGY According to the Institute of Transportation Engineers (ITE), there are several elements necessary to calculate person trips. The following equation is provided in the ITE’s Trip Generation Handbook (2017): Person trips = [(vehicle occupancy) x (vehicle trips)] + transit trips + walk trips + bike trips To create a more streamlined approach, this study uses “non-motorized trips” as the sum of walk and bike trips. The Trip Generation Handbook outlines the general approach to calculating person trips: § Estimate vehicle trip ends generated by development type. This study uses the vehicle trip rates found in ITE’s Trip Generation Manual (2017). § Determine mode share and vehicle occupancy. Trip survey data from the National Household Transportation Survey (2017) is used to calculate needed factors. § Convert vehicle trips to person trips. This conversion calculates the total person trips by combining the vehicle trip mode share and vehicle occupancy. § Calculate the estimated person trips by mode. The mode share split is applied to the total person trip rate to calculate the specific person trip rate for vehicle, transit, and non-motorized trips per land use. Page 29 of 455 Development Impact Fee Study Englewood, Colorado 20 RESIDENTIAL DEMAND UNITS For residential development, TischlerBise uses data published in Trip Generation, Institute of Transportation Engineers, 11th Edition (2021). According to this data, single-family units generate 9.43 average weekday vehicle trip ends per unit, and multi-family units generate 4.54 average weekday vehicle trip ends per unit. NONRESIDENTIAL DEMAND UNITS For nonresidential development, TischlerBise uses data published in Trip Generation, Institute of Transportation Engineers, 11th Edition (2021). The prototype for industrial development is Manufacturing (ITE 140) which generates 4.75 average weekday vehicle trip ends per 1,000 square feet of floor area. For office & other services development, the proxy is General Office (ITE 710); it generates 10.84 average weekday vehicle trip ends per 1,000 square feet of floor area. The prototype for commercial development is Shopping Center (ITE 820) which generates 37.01 average weekday vehicle trips per 1,000 square feet of floor area. Page 30 of 455 Development Impact Fee Study Englewood, Colorado 21 MODE SHARE AND VEHICLE OCCUPANCY Data from the National Household Travel Survey (NHTS) is used to approximate the percentage split of total person trips by transportation mode in Englewood. NHTS has been conducting stratified, random surveys for nearly 50 years with the aim to understand the modes and purposes of travel in the US. For this study, the most recent survey, 2017, is refined to create a database of survey responses that is both from similar cities to Englewood and statistically significant. Initially, the national database of responses is refined by location and population, the results are limited to areas in the Mountain region (AZ, CO, ID, MT, NM, NV, UT, WY) in a metropolitan statistical area of more than 1 million residents, without heavy rail. The database is further filtered to only include responses from urban areas. Lastly, only responses for trips on weekdays are included. As a result, there are 6,416 NHTS responses in the database that are used to approximate the mode splits and vehicle occupancy. Data from NHTS indicate the purpose of a trip which allows for the mode share and vehicle occupancy to be calculated separately for residential and nonresidential land uses. It is assumed that trips for residential and nonresidential purposes have different characteristics, so by calculating separately the analysis results in more accurate trip factors. There are 3,403 survey responses that are attributed to residential land uses and 2,838 responses attributed to nonresidential land uses. Both databases are well within a 95 percent confidence level with a confidence interval (margin of error) of less than three.1 The transportation mode split for residential purpose trips is listed in Figure M1. Of the 3,403 total trips, 87 percent are by vehicle, 2 percent transit, and 11 percent non-motorized. Additionally, the vehicle trips involved 4,974 passengers, resulting in an average vehicle occupancy of 1.68 passengers per vehicle trip. Figure M1: Residential Purpose Person Trips by Mode 1 A confidence level expresses the certainty that the true mean of the population falls within the confidence interval, the margin of error of the results. Mode Trips % Vehicle 2,965 87.0% Transit 50 2.0% Non-Motorized 388 11.0% Total 3,403 100.0% Note: Percentages have been rounded Source: National Household Travel Survey, 2017; TischlerBise analysis. Page 31 of 455 Development Impact Fee Study Englewood, Colorado 22 The transportation mode split for nonresidential purpose trips is listed in Figure M2. Of the 2,838 total trips, 86 percent are by vehicle, 2 percent transit, and 8 percent non-motorized. Additionally, during the vehicle trips there were 4,406 passengers, resulting in an average vehicle occupancy of 1.80 passengers per vehicle trip. Figure M2: Nonresidential Purpose Person Trips by Mode VEHICLE TRIP ENDS TO FIND TOTAL PERSON TRIP ENDS The total person trip end rate for each land use can be calculated using the vehicle trip end rate, vehicle occupancy rate, and vehicle mode share. The following formula to calculate vehicle trip ends is provided in the ITE’s Trip Generation Handbook (2017): Vehicle trip ends = [(person trip ends x (vehicle mode share)]/(vehicle occupancy) This is rearranged to calculate total person trips: Person trip ends = [(vehicle trip ends) x (vehicle occupancy)]/(vehicle mode share) By inputting the vehicle trip rate, vehicle occupancy, and vehicle mode share factors found in prior sections, the daily person trip rate for each land use is found. For example, the daily vehicle trip rate for a single-family housing unit is 9.43, the vehicle occupancy is 1.68, and the vehicle mode share is 87 percent. By inputting these factors into the formula, a daily person trip end rate of 18.21 is calculated ([9.43 vehicle trips x 1.68 occupancy rate] / [87 percent vehicle mode share] = 18.21). Figure M3 lists the calculated daily person trip end rate for each land use. Figure M3: Average Weekday Person Trip Ends by Land Use Mode Trips % Vehicle 2,454 86.0% Transit 47 2.0% Non-Motorized 337 12.0% Total 2,838 100.0% Note: Percentages have been rounded Source: National Household Travel Survey, 2017; TischlerBise analysis. Single Family 9.43 1.68 87.0%18.21 Multi-Family 4.54 1.68 87.0%8.77 Industrial 4.75 1.80 86.0%9.94 Commercial 37.01 1.80 86.0%77.46 Office & Other Services 10.84 1.80 86.0%22.69 Development Type Avg Weekday Vehicle Trip Ends1 Vehicle Occupancy Rate2 Vehicle Mode Share2 Avg Weekday Person Trip Ends Residential (per housing unit) Nonresidential (per 1,000 square feet) Source: Trip Generation, Institute of Transportation Engineers, 11th Edition (2021); National Household Travel Survey data, 2017; TischlerBise analysis Page 32 of 455 Development Impact Fee Study Englewood, Colorado 23 TRIPS ADJUSTMENT FACTORS A person trip end is the out-bound or in-bound portion of a trip. As a result, so as not to double count trips, a standard 50 percent adjustment is applied to trip ends to calculate a person trip. For example, the out-bound trip from a person’s home to work is attributed to the housing unit and the trip from work back home is attributed to the employer. RESIDENTIAL TRIP ADJUSTMENT Residential development has a trip adjustment factor of 64 percent to account for commuters leaving Englewood for work. According to the 2009 National Household Travel Survey (see Table 30) weekday work trips are typically 31 percent of production trips (i.e., all out-bound trips, which are 50 percent of all trip ends). As shown in Appendix A, the U.S. Census Bureau’s OnTheMap web application indicates 93 percent of resident workers traveled outside of Englewood for work in 2020. In combination, these factors (0.31 x 0.50 x 0.93 = 0.14) support the additional 14 percent allocation of trips to residential development. NONRESIDENTIAL TRIP ADJUSTMENT For commercial and institutional development, the trip adjustment factor is less than 50 percent since these types of development attract vehicles as they pass by on arterial and collector roads. For example, when someone stops at a convenience store on the way home from work, the convenience store is not the primary destination. For an average shopping center, ITE data indicate 34 percent of the vehicles that enter are passing by on their way to another primary destination. The remaining 66 percent of attraction trips have the commercial site as their primary destination. Since attraction trips are half of all trips, the trip adjustment factor is 66 percent multiplied by 50 percent – approximately 33 percent of trip ends. PERSON TRIPS BY MODE In Figure M4, the trip adjustment factor and mode share are applied to the person trip end rate of each land use to calculate person trips. For example, a single-family housing unit has a trip adjustment factor is 64 percent and the vehicle mode share is 87 percent, resulting in a daily person trip rate of 10.14 for the vehicle mode (11.64 person trip ends X 0.64 trip adjustment factor X 0.87 vehicle mode share = 10.14 person trips for the vehicle mode). Figure M4: Person Trips by Mode Average Weekday Person Trips per Unit Single Family 18.21 64%11.65 10.14 0.23 1.28 Multi-Family 8.77 64%5.61 4.88 0.11 0.62 Industrial 9.94 50%4.97 4.32 0.10 0.55 Commercial 77.46 33%25.56 22.24 0.51 2.81 Office & Other Services 22.69 50%11.35 9.87 0.23 1.25 Vehicle Transit Non- Motorized Residential (per housing unit) Nonresidential (per 1,000 square feet) Avg Weekday Person Trips Development Type Avg Weekday Person Trip Ends Trip Adjustment Factor1 Source: Trip Generation, Institute of Transportation Engineers, 11th Edition (2021); National Household Travel Survey data, 2017; TischlerBise analysis Page 33 of 455 Development Impact Fee Study Englewood, Colorado 24 AVERAGE WEEKDAY PERSON TRIPS Shown in Figure M5 are the demand indicators related to average weekday person trips (AWPT) generated per housing unit for residential development and per 1,000 square feet of floor area for nonresidential development. To calculate average weekday person trips, multiply average weekday person trip ends by the trip rate adjustment factor. For example, the industrial demand unit of 4.97 average weekday person trips per 1,000 square feet of floor area is the product of 9.94 average weekday person trip ends per 1,000 square feet of floor area multiplied by a trip rate adjustment factor of 50 percent. Figure M6 includes projected person trips for the 10-year study period. Figure M5: Average Weekday Person Trips (AWPT) by Development Type Figure M6: Person Trip Projections Single Family 18.21 64%11.65 Multi-Family 8.77 64%5.61 Industrial 9.94 50%4.97 Commercial 77.46 33%25.56 Office & Other Services 22.69 50%11.35 Avg Weekday Person Trips Residential (per housing unit) Nonresidential (per 1,000 square feet) Source: Trip Generation, Institute of Transportation Engineers, 11th Edition (2021); National Household Travel Survey data, 2017; TischlerBise analysis Development Type Avg Weekday Person Trip Ends Trip Adjustment Factor1 2023 2024 2025 2026 2027 2028 2033 Base 1 2 3 4 5 10 Single Family Detached Units 8,830 8,826 8,822 8,818 8,815 8,811 8,792 (38) Single Family Attached Units 1,257 1,296 1,336 1,375 1,414 1,453 1,649 392 Multi-Family Units 6,198 6,502 6,805 7,109 7,413 7,716 9,235 3,037 Industrial KSF 8,100 8,100 8,100 8,100 7,939 7,900 7,704 (396) Commercial KSF 2,900 2,886 2,871 2,857 2,842 2,828 2,758 (142) Office & Other Service KSF 2,000 2,019 2,037 2,056 2,075 2,095 2,194 194 Single Family Trips 102,907 102,863 102,818 102,773 102,729 102,684 102,461 (447) Single Family Trips 14,653 15,109 15,566 16,022 16,479 16,935 19,218 4,565 Multi-Family Trips 34,788 36,493 38,197 39,901 41,606 43,310 51,832 17,044 Residential Trips 152,349 154,465 156,581 158,697 160,813 162,930 173,511 21,162 Industrial Trips 40,257 40,257 40,257 40,257 39,458 39,261 38,289 (1,968) Commercial Trips 74,129 73,759 73,390 73,023 72,658 72,294 70,505 (3,624) Office & Other Service Trips 22,690 22,901 23,114 23,329 23,545 23,764 24,889 2,199 Nonresidential Trips 137,076 136,916 136,761 136,608 135,661 135,319 133,683 (3,393) Total Person Trips 289,425 291,381 293,342 295,306 296,474 298,249 307,194 17,769 Englewood, Colorado 10-Year Increase De v e l o p m e n t Av g W e e k d a y P e r s o n T r i p s Page 34 of 455 Development Impact Fee Study Englewood, Colorado 25 Level-of-Service Analysis MULTIMODAL TRANSPORTATION IMPROVEMENTS PLAN Englewood staff recommends the growth-related improvements listed in Figure M7 to serve development over the next 10 years. The total cost of planned multimodal transportation improvements is $48,190,000. Figure M7: Planned Multimodal Transportation Improvements The City’s planned multimodal improvements over the next five years totals $48,190,000. Because there is no transportation modeling to determine what portion of each planned improvement is growth-related, the cost of these improvements is spread over total projected person trips in 2028, for cost per person trip of $161.58 ($48,190,000/298,249). This approach ensures that new and existing growth is treated equally. Figure M8: Cost Allocation Project Total Cost E Dartmouth Traffic Calming $200,000 Oxford Avenue Pedestrian Bridge Match $500,000 Broadway Mid-Block Crossing at Gothic $700,000 CityCenter Englewood Station/S. Santa Fe Dr. Ped/Bike Bridge $5,300,000 Belleview Ave, Fox St to Broadway $1,500,000 Broadway Reconstruction Evaluation $100,000 Broadway, Yale to Hampden $15,200,000 CityCenter Englewood Station Platform Shelter $40,000 Clarkson Bike Blvd, Hampden to Dartmouth $500,000 Dartmouth Rail Trail Bridge $4,000,000 Hampden Rail Trail Pedestrian Bridge $4,250,000 Logan, Tufts to Oxford $2,800,000 Rail Trail Segment 1 Bridge (Big Dry Creek - Oxford Station)$2,000,000 Rail Trail Segment 2 (Oxford Station - S. Platte River Trail)$3,900,000 Rail Trail Segment 3 (S. Platte River Trail - W. Bates Ave.)$3,850,000 Southwest Greenbelt Trail (S. Cherokee St. - S. Windermere St.)$3,350,000 Total $48,190,000 Source: City of Englewood 5 Year Cost $48,190,000 ÷ 2028 Person Trips 298,249 Cost per Person Trip $161.58 Cost Factors Page 35 of 455 Development Impact Fee Study Englewood, Colorado 26 Credits As the City has no outstanding debt on its multimodal improvements, a credit for future principal payments is not included. If elected officials make a legislative policy decision to fully fund growth-related multimodal improvements from impact fees, there will be no potential double-payment from other revenue sources. Proposed Multimodal Transportation Impact Fees Infrastructure components and cost factors for Multimodal Transportation impact fees are summarized in the upper portion of Figure M9. The cost for multimodal improvements is $161.58 per person trip. Multimodal Transportation impact fees for residential development are assessed according to the number of person trips generated per household. The single-family fee of $1,882 is calculated using a cost of $161.58 per trip multiplied by 11.65 person trips per single-family unit. Multimodal Transportation impact fees for nonresidential development are assessed according to the number of person trips generated per 1,000 square feet of floor area. The industrial fee of $803 per 1,000 square feet is calculated using a cost of $161.58 per trip multiplied by 4.97 person trips per 1,000 square feet of industrial development. Figure M9: Proposed Multimodal Transportation Impact Fees Fee Component Cost per Person Trip Multi-Modal Improvements $161.58 Total $161.58 Residential Development Avg Wkdy Person Trips per Unit1 Single Family 11.65 $1,882 Multi-Family 5.61 $906 Nonresidential Development Avg Wkdy Person Trips per 1,000 Sq Ft1 Industrial 4.97 $803 Commercial 25.56 $4,130 Office & Other Services 11.35 $1,834 1. See Land Use Assumptions Development Type Proposed Fees Fees per Unit Fees per 1,000 Square Feet Development Type Proposed Fees Page 36 of 455 Development Impact Fee Study Englewood, Colorado 27 Projected Multimodal Transportation Impact Fee Revenue Projected fee revenue shown below is based on the development projections in Appendix A and the maximum justifiable Multimodal Transportation impact fees shown on the previous page. The revenue projection shown below is just an approximation. Over the next 10 years, projected impact fee revenue equals $1,881,757 and projected expenditures equal $48,190,000. Existing development’s share of multimodal infrastructure costs must be funded with non-impact fee revenues. Figure M10: Projected Maximum Justifiable Multimodal Transportation Impact Fee Revenue Growth Share Existing Share Total Street Improvements $1,917,828 $46,272,172 $48,190,000 Total $1,917,828 $46,272,172 $48,190,000 Single Family Detached Single Family Attached Multi-Family Industrial Commercial Office & Other $1,882 $1,882 $906 $803 $4,130 $1,834 per unit per unit per unit per KSF per KSF per KSF Hsg Unit Hsg Unit Hsg Unit KSF KSF KSF Base 2023 8,830 1,257 6,198 8,100 2,900 2,000 Year 1 2024 8,826 1,296 6,502 8,100 2,886 2,019 Year 2 2025 8,822 1,336 6,805 8,100 2,871 2,037 Year 3 2026 8,818 1,375 7,109 8,100 2,857 2,056 Year 4 2027 8,815 1,414 7,413 7,939 2,842 2,075 Year 5 2028 8,811 1,453 7,716 7,900 2,828 2,095 (19)196 1,518 (200)(72)95 $0 $368,558 $1,375,610 $0 $0 $173,660 Projected Fee Revenue $1,917,828 Existing Development Share $46,272,172 Total Expenditures $48,190,000 5-Year Increase Projected Revenue Year Fee Component Page 37 of 455 Development Impact Fee Study Englewood, Colorado 28 APPENDIX A: LAND USE ASSUMPTIONS The City of Englewood retained TischlerBise to prepare this study to analyze the impacts of development on the city’s capital facilities and to calculate development impact fees based on that analysis. The population, housing unit, and job projections contained in this document provide the foundation for the development impact fee study. To evaluate the demand for growth-related infrastructure from various types of development, TischlerBise prepared documentation on jobs and floor area by type of nonresidential development, and demand indicators by type of housing unit. These metrics are the service units and demand indicators used in the development impact fee study. Development impact fees are based on the need for growth-related improvements, and they must be proportionate by type of land use. The demographic data and development projections are used to demonstrate proportionality and anticipate the need for future infrastructure. Development impact fee studies typically look out five to ten years, with the expectation that fees will be updated every three to five years. The estimates and projections of residential and nonresidential development in this Land Use Assumptions document are for areas within the boundaries of Englewood, Colorado. The map below illustrates the areas within the Englewood Development Impact Fee Service Area. Figure A1: Development Impact Fee Service Area Map Page 38 of 455 Development Impact Fee Study Englewood, Colorado 29 Summary of Growth Indicators Key development projections for the Englewood development impact fee study include housing units and nonresidential floor area. TischlerBise estimates population and housing units using data provided by Englewood staff and U.S. Census data. For nonresidential development, the base year employment estimate is based on nonresidential floor area data provided by City staff. To project future employment by industry sector, the analysis uses the Denver Regional Council of Governments Small-Area Household and Employment Forecasts 2020. To estimate non-residential floor area, TischlerBise applies square feet per employee factors published by the Institute of Transportation Engineers (ITE) to the DRCOG employment projections. The projections contained in this document provide the foundation for the Development Impact Fee Study. These projections are used to estimate development impact fee revenue and to indicate the anticipated need for growth-related infrastructure. The goal is to have reasonable projections without being overly concerned with precision. Because development impact fee methods are designed to reduce sensitivity to development projections in the determination of the proportionate-share fee amounts, if actual development is slower than projected, fee revenue will decline, but so will the need for growth-related infrastructure. In contrast, if development is faster than anticipated, Englewood will receive more fee revenue, but will also need to accelerate infrastructure improvements to keep pace with the actual rate of development. During the next 10 years, TischlerBise projects an average annual increase of 348 housing units per year. During the same time period, TischlerBise projects an average increase of 126,000 square feet of nonresidential floor area per year. Page 39 of 455 Development Impact Fee Study Englewood, Colorado 30 Residential Development Current estimates and future projections of residential development are detailed in this section including population and housing units by type. RECENT RESIDENTIAL CONSTRUCTION Development impact fees require an analysis of current levels of service. For residential development, current levels of service are determined using estimates of population and housing units. Shown below, Figure A2 indicates the estimated number of housing units added by decade according to data obtained from the U.S. Census Bureau. From 2010 to 2020, Englewood’s housing inventory increased by an average of 156 units per year. Figure A2: Housing Units by Decade Census 2010 Housing Units 15,478 Census 2020 Housing Units 17,045 New Housing Units 2010 to 2020 1,567 Englewood added an average of 156 housing units per year from 2010 to 2020. 0 2,000 4,000 6,000 8,000 10,000 12,000 Before 1970 1970s 1980s 1990s 2000s Housing Units Added by Decade in Englewood Source: U.S. Census Bureau, Census 2010 Summary File 1,Census 2020 Summary File 1,2017-2021 5-Year American Community Survey (for 2010s and earlier,adjusted to yield total units in 2020). Page 40 of 455 Development Impact Fee Study Englewood, Colorado 31 PERSONS PER HOUSING UNIT According to the U.S. Census Bureau, a household is a housing unit occupied by year-round residents. Development impact fees often use per capita standards and persons per housing unit (PPHU) or persons per household (PPH) to derive proportionate share fee amounts. When PPHU is used in the fee calculations, infrastructure standards are derived using year-round population. When PPH is used in the fee calculations, the development impact fee methodology assumes a higher percentage of housing units will be occupied, thus requiring seasonal or peak population to be used when deriving infrastructure standards. TischlerBise recommends that Englewood impose development impact fees for residential development according to the number of persons per housing unit. Occupancy calculations require data on population and the types of units by structure. The 2010 census did not obtain detailed information using a “long-form” questionnaire. Instead, the U.S. Census Bureau switched to a continuous monthly mailing of surveys, known as the American Community Survey (ACS), which has limitations due to sample-size constraints. For example, data on detached housing units are now combined with attached single units (commonly known as townhouses, which share a common sidewall, but are constructed on an individual parcel of land). For development impact fees in Englewood, detached stick-built units, attached units, and mobile home units are included in the “Single-Family” category. The second residential category includes duplexes and all other structures with two or more units on an individual parcel of land. This is referred to as “Multi-Family” category. (Note: housing unit estimates from ACS will not equal decennial census counts of units. These data are used only to derive the custom PPHU factors for each type of unit). Figure A3 below shows the ACS 2021 5-Year Estimates for Englewood. Single-family units averaged 2.36 persons per housing unit (22,649 persons / 9,601 housing units) and multi-family units had an average of 1.49 persons per housing unit (10,452 persons / 7,006 housing units). In total, housing units in Englewood averaged 1.99 persons per housing unit. Figure A3: Persons per Housing Unit by Type of Housing Single-Family Units1 22,649 9,281 2.44 9,601 2.36 57.8%3.30% Multi-Family Units2 10,452 6,292 1.66 7,006 1.49 42.2%10.20% Total 33,101 15,573 2.13 16,607 1.99 100.0%6.20% Source: U.S. Census Bureau, 2017-2021 American Community Survey 5-Year Estimates 1. Includes detached, attached (i.e. townhouses). 2. Includes dwellings in structures with two or more units, and mobile home units. Housing Mix Vacancy RateHousing Type Persons Households Persons per Household Housing Units Persons per Housing Unit Page 41 of 455 Development Impact Fee Study Englewood, Colorado 32 RESIDENTIAL ESTIMATES This analysis projects housing units based on data provided by Englewood staff, and U.S. census data. The 2023 base year multi-family housing estimate of 6,198 units is based on data provided by City staff. The 2023 base year single family detached housing estimate of 8,830 and single family attached housing estimate of 1,257 are derived from 2020 census data and recent building permit data provided by City staff. The base year population estimate is derived by using the occupancy factors shown in Figure A3 and applying them to the single and multi-family housing unit estimates. The 2023 population estimate is 33,106 persons. RESIDENTIAL PROJECTIONS TischlerBise projects future residential development beyond the 2023 base year using future anticipated housing development data provided by City of Englewood staff. This data includes projected housing growth and demolitions. Over the next 10 years, this results in an increase of 392 single family attached units, 3,037 multi-family units, and a decrease in 38 single family units. To project future population, the analysis converts housing units to population using the occupancy factors shown in Figure A3. For this study, it is assumed that the housing unit size will remain constant. TischlerBise projects a 10-year increase of 3,390 housing units and 5,358 persons. Figure A4: Residential Development Projections 2023 2024 2025 2026 2027 2028 2033 Base Year 1 2 3 4 5 10 Population 33,041 33,577 34,113 34,648 35,184 35,720 38,399 5,358 Housing Units Single Family Detached 8,830 8,826 8,822 8,818 8,815 8,811 8,792 (38) Single Family Attached 1,257 1,296 1,336 1,375 1,414 1,453 1,649 392 Multi-Family 6,198 6,502 6,805 7,109 7,413 7,716 9,235 3,037 Total 16,285 16,624 16,963 17,302 17,641 17,980 19,675 3,390 Note: Projections take into account projected demolitions of housing units as growth occurs 10-Year ChangeEnglewood, CO Page 42 of 455 Development Impact Fee Study Englewood, Colorado 33 Nonresidential Development Current estimates and future projections of nonresidential development are detailed in this section including jobs and nonresidential floor area. NONRESIDENTIAL FLOOR AREA RATIOS TischlerBise uses 2021 Institute of Transportation Engineers (ITE) data to estimate employment. As shown in Figure A5, the prototype for industrial development is Light Industrial (ITE 110) with an average of 637 square feet per employee. Commercial development uses Shopping Center (ITE 820) with 471 square feet per employee. Office & other services uses General Office (ITE 710) with an average of 307 square feet per employee. Figure A5: Institute of Transportation Engineers, Employee and Building Area Ratios ITE Demand Avg Wkdy Trip Ends Avg Wkdy Trip Ends Employees Per Square Feet Code Unit Per Demand Unit1 Per Employee1 Demand Unit Per Employee 110 Light Industrial 1,000 Sq Ft 4.87 3.10 1.57 637 130 Industrial Park 1,000 Sq Ft 3.37 2.91 1.16 864 140 Manufacturing 1,000 Sq Ft 4.75 2.51 1.89 528 150 Warehousing 1,000 Sq Ft 1.71 5.05 0.34 2,953 254 Assisted Living bed 2.60 4.24 0.61 na 310 Hotel room 7.99 14.34 0.56 na 565 Day Care student 4.09 21.38 0.19 na 610 Hospital 1,000 Sq Ft 10.77 3.77 2.86 350 620 Nursing Home bed 3.06 3.31 0.92 na 710 General Office (avg size)1,000 Sq Ft 10.84 3.33 3.26 307 720 Medical-Dental Office 1,000 Sq Ft 36.00 8.71 4.13 242 730 Government Office 1,000 Sq Ft 22.59 7.45 3.03 330 750 Office Park 1,000 Sq Ft 11.07 3.54 3.13 320 820 Shopping Center (avg size)1,000 Sq Ft 37.01 17.42 2.12 471 1. Trip Generation, Institute of Transportation Engineers, 11th Edition (2021). Land Use Group Page 43 of 455 Development Impact Fee Study Englewood, Colorado 34 NONRESIDENTIAL ESTIMATES Based on estimates provided by City staff, there is 13,000,000 square feet of nonresidential space in Englewood in 2023. Applying the square feet per employee factors shown in Figure A5 to the 2023 nonresidential floor area estimates results in a 2023 employment estimate of 28,013 jobs. Figure A6: Estimated Employment and Nonresidential Floor Area (2023) NONRESIDENTIAL PROJECTIONS To project employment, TischlerBise uses projections published in the Denver Regional Council of Governments’ Small-Area Household and Employment Forecasts 2020 and information provided by city staff. According to Englewood staff, as development occurs the city is expected to see a decrease in nonresidential development. Employment was then converted to floor area using square feet per employment factors from ITE. The 10-year projections include a decrease of approximately 344,000 square feet of nonresidential development and a loss of 420 jobs. Figure A7: Nonresidential Development Projections 2023 Percent of Square Feet 2023 Jobs per Estimated Jobs1 Total Jobs per Job2 Floor Area3 1,000 Sq. Ft.2 Industrial 15,341 55%528 8,100,000 1.89 Commercial 6,161 22%471 2,900,000 2.12 Office & Other Service 6,511 23%307 2,000,000 3.26 Total 28,013 100%13,000,000 2.15 1. TischlerBise calculation (2023 Nonresidential square feet / square feet per job). 2. Trip Generation, Institute of Transportation Engineers, 11th Edition (2022). 3. Data proivded by City staff. Nonresidential Category 2023 2024 2025 2026 2027 2028 2033 Base Year 1 2 3 4 5 10 Employment Industrial 15,341 15,264 15,188 15,112 15,036 14,961 14,591 (750) Commercial 6,161 6,130 6,100 6,069 6,039 6,009 5,860 (301) Office & Other Services 6,511 6,571 6,632 6,694 6,756 6,819 7,142 631 Total 28,013 27,966 27,920 27,875 27,831 27,789 27,593 (420) Nonresidential Sq Ft (x1,000) Industrial 8,100 8,100 8,100 8,100 7,939 7,900 7,704 (396) Commercial 2,900 2,886 2,871 2,857 2,842 2,828 2,758 (142) Office & Other Services 2,000 2,019 2,037 2,056 2,075 2,095 2,194 194 Total 13,000 13,004 13,008 13,013 12,857 12,822 12,656 (344) Englewood, CO 10-Year Increase Page 44 of 455 Development Impact Fee Study Englewood, Colorado 35 Development Projections Provided below are summaries of development projections used in the Development Impact Fee Study. Development projections are used to illustrate a possible future pace of demand for service units and cash flows resulting from revenues and expenditures associated with those demands. Figure A8: Development Projections Summary 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Base Year 1 2 3 4 5 6 7 8 9 10 Population 33,041 33,577 34,113 34,648 35,184 35,720 36,256 36,792 37,328 37,864 38,399 5358 Housing Units Single Family Detached 8,830 8,826 8,822 8,818 8,815 8,811 8,807 8,803 8,799 8,795 8,792 (38) Single Family Attached 1,257 1,296 1,336 1,375 1,414 1,453 1,492 1,531 1,571 1,610 1,649 392 Multi-Family 6,198 6,502 6,805 7,109 7,413 7,716 8,020 8,324 8,627 8,931 9,235 3037 Total Housing Units 16,285 16,624 16,963 17,302 17,641 17,980 18,319 18,658 18,997 19,336 19,675 3390 Employment Industrial 15,341 15,264 15,188 15,112 15,036 14,961 14,886 14,812 14,738 14,664 14,591 (750) Commercial 6,161 6,130 6,100 6,069 6,039 6,009 5,979 5,949 5,919 5,889 5,860 (301) Office & Other Service 6,511 6,571 6,632 6,694 6,756 6,819 6,882 6,946 7,011 7,076 7,142 631 Total Employment 28,013 27,966 27,920 27,875 27,831 27,789 27,747 27,707 27,668 27,630 27,593 (420) Nonres. Floor Area (x1,000) Industrial 8,100 8,100 8,100 8,100 7,939 7,900 7,860 7,821 7,782 7,743 7,704 (396) Commercial 2,900 2,886 2,871 2,857 2,842 2,828 2,814 2,800 2,786 2,772 2,758 (142) Office & Other Service 2,000 2,019 2,037 2,056 2,075 2,095 2,114 2,134 2,154 2,174 2,194 194 Total Nonres. Floor Area 13,000 13,004 13,008 13,013 12,857 12,822 12,788 12,755 12,721 12,688 12,656 (344) 10-Year IncreaseEnglewood, CO Base 1 2 3 4 5 6 7 8 9 10 10-Year 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Increase Industrial KSF 8,100 8,100 8,100 8,100 7,939 7,900 7,860 7,821 7,782 7,743 7,704 (396) Commercial KSF 2,900 2,886 2,871 2,857 2,842 2,828 2,814 2,800 2,786 2,772 2,758 (142) Office & Other Services KSF 2,000 2,019 2,037 2,056 2,075 2,095 2,114 2,134 2,154 2,174 2,194 194 Industrial Trips 19,238 19,238 19,238 19,238 18,856 18,761 18,668 18,574 18,481 18,389 18,297 (941) Commercial Trips 35,419 35,241 35,065 34,890 34,715 34,542 34,369 34,197 34,026 33,856 33,687 (1,732) Office & Other Services Trips 10,840 10,941 11,042 11,145 11,249 11,353 11,459 11,565 11,673 11,781 11,891 1,051 Nonresidential Trips 65,496 65,420 65,345 65,273 64,820 64,656 64,495 64,337 64,180 64,026 63,875 (1,621) Englewood, Colorado Pa g e 4 5 o f 4 5 5 Development Impact Fee Study Englewood, Colorado 36 APPENDIX B: LAND USE DEFINITIONS Residential Development As discussed below, residential development categories are based on data from the U.S. Census Bureau’s American Community Survey. Englewood will collect development impact fees from all new residential units. One-time development impact fees are determined by site capacity (i.e., number of residential units). Single-Family: 1. Single-family detached is a one-unit structure detached from any other house, that is, with open space on all four sides. Such structures are considered detached even if they have an adjoining shed or garage. A one-family house that contains a business is considered detached as long as the building has open space on all four sides. 2. Single-family attached (townhouse) is a one-unit structure that has one or more walls extending from ground to roof separating it from adjoining structures. In row houses (sometimes called townhouses), double houses, or houses attached to nonresidential structures, each house is a separate, attached structure if the dividing or common wall goes from ground to roof. Multi-Family: 1. 2+ units (duplexes and apartments) are units in structures containing two or more housing units, further categorized as units in structures with “2, 3 or 4, 5 to 9, 10 to 19, 20 to 49, and 50 or more apartments.” 2. Boat, RV, Van, Etc. includes any living quarters occupied as a housing unit that does not fit the other categories (e.g., houseboats, railroad cars, campers, and vans). Recreational vehicles, boats, vans, railroad cars, and the like are included only if they are occupied as a current place of residence. Page 46 of 455 Development Impact Fee Study Englewood, Colorado 37 Nonresidential Development The proposed general nonresidential development categories (defined below) can be used for all new construction within Englewood. Nonresidential development categories represent general groups of land uses that share similar average weekday vehicle trip generation rates and employment densities (i.e., jobs per thousand square feet of floor area). Commercial: Establishments primarily selling merchandise, eating/drinking places, and entertainment uses. By way of example, Commercial includes shopping centers, supermarkets, pharmacies, restaurants, bars, nightclubs, automobile dealerships, movie theaters, and hotels. Industrial: Establishments primarily engaged in the production, transportation, or storage of goods. By way of example, Industrial includes manufacturing plants, distribution warehouses, trucking companies, utility substations, power generation facilities, and telecommunications buildings. Office: Establishments providing management, administrative, professional, or business services. By way of example, Office includes banks, business offices, medical offices, and veterinarian clinics. Page 47 of 455 City of Edmond Development Impact Fees Presentation to City Council April 22, 2024 Pa g e 4 8 o f 4 5 5 2 TischlerBise Experience 40-year consulting practice serving local governments nationwide •Impact fees / infrastructure financing strategies •Fiscal / economic impact analyses •Capital improvement planning •Infrastructure finance / revenue enhancement •Real estate and market feasibility Adams County Arapahoe County Aurora Boulder Castle Pines Castle Rock Centennial Colorado Springs Durango Eaton Erie Evans Fort Collins Garfield County Grand Junction Greeley Johnstown La Plata County Lafayette Lake Dillon Fire Dist. Larimer County Lone Tree Littleton Longmont Louisville Loveland Mead Mesa County Montezuma County Parker Pitkin County Pueblo Steamboat Springs Thornton Vail Westminster Pa g e 4 9 o f 4 5 5 3 Impact Fee Requirements •One-time payment for growth-related infrastructure •Not for operations, maintenance, or replacement •Not a tax, but a contractual arrangement to build growth-related infrastructure •Must meet growth-related infrastructure needs •Provide infrastructure as growth occurs •System-level improvements, not project-level improvements •Represent new development’s proportionate share of capital cost for system improvements •Demographic analysis and development projections •Infrastructure needs and cost analysis •Fee payers must receive a benefit •Geographic service areas •Accounting and expenditure controlsPa g e 5 0 o f 4 5 5 4 Impact Fees in Colorado •Governed by Senate Bill 15 •October 2001 •Improvement or facility that: •Is directly related to any service that a local government is authorized to provide; •Has a useful life of five years or longer •Specific accounting requirements •Allows a local government to waive an impact fee on the development of low/moderate income housing •Does not address whether the local government is required to “make up” the difference Pa g e 5 1 o f 4 5 5 5 10-Year Development Projections •Population increase of 5,358 •Housing unit increase of 3,390 •Employment decrease of 420 •Industrial: (750 jobs) •Retail: (301 jobs) •Office/Services: 9631 jobs) •Institutional: 51 jobs •Nonresidential floor area increase of 344,000 •Industrial: (396,000 sq ft) •Retail: (142,000 sq ft) •Office/Services: (194,000 sq ft) Pa g e 5 2 o f 4 5 5 6 Police •Service Area •Citywide •Methodology •Consumption-based (Police vehicles) •Cost-recovery (Police station expansion) •10-Year Demand •$66,000 in revenue for future Police vehicles •$1.57 million in cost recovery revenue for the Police Station Pa g e 5 3 o f 4 5 5 7 Proposed Police Fees Fee Component Cost per Person Cost per Trip Police Facilities $328.26 $116.45 Police Vehicles $13.51 $3.83 Total $341.77 $120.28 Residential Development Single Family 2.36 $807 $60 $747 Multi-Family 1.49 $509 $60 $449 Nonresidential Development Industrial 2.38 $286 $240 $46 Commercial 12.21 $1,469 $240 $1,229 Office & Other Service 5.42 $652 $240 $412 1. See Land Use Assumptions Proposed Fees Development Type Persons per Housing Unit1 Proposed Fees Development Type Average Wkdy Vehicle Trips1 Fees per 1,000 Square Feet Current Fee Difference Fees per Unit Current Fee Difference Pa g e 5 4 o f 4 5 5 8 Police Cash Flow Growth Share Existing Share Total Police Facilities $1,570,169 $14,214,446 $15,784,615 Police Vehicles $66,164 $0 $66,164 Total $1,636,334 $14,214,446 $15,850,780 Single Family Detached Single Family Attached Multi-Family Industrial Commercial Office & Other $807 $807 $509 $286 $1,469 $652 per unit per unit per unit per KSF per KSF per KSF Hsg Unit Hsg Unit Hsg Unit KSF KSF KSF Base 2022 8,830 1,257 6,198 8,100 2,900 2,000 Year 1 2023 8,826 1,296 6,502 8,100 2,886 2,019 Year 2 2024 8,822 1,336 6,805 8,100 2,871 2,037 Year 3 2025 8,818 1,375 7,109 8,100 2,857 2,056 Year 4 2026 8,815 1,414 7,413 7,939 2,842 2,075 Year 5 2027 8,811 1,453 7,716 7,900 2,828 2,095 Year 6 2028 8,807 1,492 8,020 7,860 2,814 2,114 Year 7 2029 8,803 1,531 8,324 7,821 2,800 2,134 Year 8 2030 8,799 1,571 8,627 7,782 2,786 2,154 Year 9 2031 8,795 1,610 8,931 7,743 2,772 2,174 Year 10 2032 8,792 1,649 9,235 7,704 2,758 2,194 (38)392 3,037 (396)(142)194 $0 $23,500 $1,546,372 $0 $0 $126,385 $1,696,257 Projected Revenue 10-Year Increase Year Projected Fee Revenue Fee Component Pa g e 5 5 o f 4 5 5 9 Parks and Recreation •Service Area •Citywide •Methodology •Consumption-based (park improvements) •No land component assumed •10-Year Demand •$2.5 million in revenue for future park improvements/amenities Pa g e 5 6 o f 4 5 5 10 Proposed Parks and Recreation Fees Fee Component Cost per Person Park Improvements $470.16 Total $470.16 Residential Development Single Family 2.36 $1,110 $200 $910 Multi-Family 1.49 $701 $200 $501 1. See Land Use Assumptions Fees per Unit Development Type Persons per Housing Unit1 Proposed Fees Current Fee Difference Pa g e 5 7 o f 4 5 5 11 Parks and Recreation Cash Flow Growth Share Existing Share Total Park Improvements $2,519,372 $0 $2,519,372 Total $2,519,372 $0 $2,519,372 Single Family Detached Single Family Attached Multi-Family $1,110 $1,110 $701 per unit per unit per unit Hsg Unit Hsg Unit Hsg Unit Base 2023 8,830 1,257 6,198 Year 1 2024 8,826 1,296 6,502 Year 2 2025 8,822 1,336 6,805 Year 3 2026 8,818 1,375 7,109 Year 4 2027 8,815 1,414 7,413 Year 5 2028 8,811 1,453 7,716 Year 6 2029 8,807 1,492 8,020 Year 7 2030 8,803 1,531 8,324 Year 8 2031 8,799 1,571 8,627 Year 9 2032 8,795 1,610 8,931 Year 10 2033 8,792 1,649 9,235 (38)392 3,037 $0 $434,588 $2,127,318 $2,561,906Projected Fee Revenue Year Fee Component 10-Year Increase Projected Revenue Pa g e 5 8 o f 4 5 5 12 Multimodal Transportation •Service Area •Citywide •Methodology •Trails (plan-based) •Complete streets (plan-based) •Pedestrian/bike improvements (Plan-based) •10-Year Demand •$1.9 million in revenue for future multimodal improvements Pa g e 5 9 o f 4 5 5 13 5-Year Improvement Plan Since we don’t have traffic modelling to assignment how much of each project is growth-related, costs are allocated to the 2028 demand base so that all development is treated equally. Project Total Cost E Dartmouth Traffic Calming $200,000 Oxford Avenue Pedestrian Bridge Match $500,000 Broadway Mid-Block Crossing at Gothic $700,000 CityCenter Englewood Station/S. Santa Fe Dr. Ped/Bike Bridge $5,300,000 Belleview Ave, Fox St to Broadway $1,500,000 Broadway Reconstruction Evaluation $100,000 Broadway, Yale to Hampden $15,200,000 CityCenter Englewood Station Platform Shelter $40,000 Clarkson Bike Blvd, Hampden to Dartmouth $500,000 Dartmouth Rail Trail Bridge $4,000,000 Hampden Rail Trail Pedestrian Bridge $4,250,000 Logan, Tufts to Oxford $2,800,000 Rail Trail Segment 1 Bridge (Big Dry Creek - Oxford Station)$2,000,000 Rail Trail Segment 2 (Oxford Station - S. Platte River Trail)$3,900,000 Rail Trail Segment 3 (S. Platte River Trail - W. Bates Ave.)$3,850,000 Southwest Greenbelt Trail (S. Cherokee St. - S. Windermere St.)$3,350,000 Total $48,190,000 Source: City of Englewood Pa g e 6 0 o f 4 5 5 14 Proposed Transportation Fees Fee Component Cost per Person Trip Multi-Modal Improvements $161.58 Total $161.58 Residential Development Avg Wkdy Person Trips per Unit1 Single Family 11.65 $1,882 Multi-Family 5.61 $906 Nonresidential Development Avg Wkdy Person Trips per 1,000 Sq Ft1 Industrial 4.97 $803 Commercial 25.56 $4,130 Office & Other Services 11.35 $1,834 1. See Land Use Assumptions Development Type Proposed Fees Fees per Unit Fees per 1,000 Square Feet Development Type Proposed Fees Pa g e 6 1 o f 4 5 5 15 Growth Share Existing Share Total Street Improvements $1,917,828 $46,272,172 $48,190,000 Total $1,917,828 $46,272,172 $48,190,000 Single Family Detached Single Family Attached Multi-Family Industrial Commercial Office & Other $1,882 $1,882 $906 $803 $4,130 $1,834 per unit per unit per unit per KSF per KSF per KSF Hsg Unit Hsg Unit Hsg Unit KSF KSF KSF Base 2023 8,830 1,257 6,198 8,100 2,900 2,000 Year 1 2024 8,826 1,296 6,502 8,100 2,886 2,019 Year 2 2025 8,822 1,336 6,805 8,100 2,871 2,037 Year 3 2026 8,818 1,375 7,109 8,100 2,857 2,056 Year 4 2027 8,815 1,414 7,413 7,939 2,842 2,075 Year 5 2028 8,811 1,453 7,716 7,900 2,828 2,095 (19)196 1,518 (200)(72)95 $0 $368,558 $1,375,610 $0 $0 $173,660 Projected Fee Revenue $1,917,828 Existing Development Share $46,272,172 Total Expenditures $48,190,000 5-Year Increase Projected Revenue Year Fee Component Transportation Cash Flow Pa g e 6 2 o f 4 5 5 16 Fee Comparison Single-Family Public Facilities/General Gov't Fire Police Parks Transportation Library Other Total (Non- Utility) Commerce City1 $0 $0 $0 $7,502 $4,842 $0 $0 $12,344 Aurora $1,371 $1,076 $1,184 $4,896 $749 $328 $0 $9,604 Lafayette2 $0 $0 $0 $1,350 $0 $0 $7,650 $9,000 Litteton3 $1,925 $0 $371 $0 $2,241 $686 $1,965 $7,188 Englewood (Proposed)$0 $0 $807 $1,110 $1,882 $0 $0 $3,798 Wheat Ridge $0 $0 $0 $2,497 $0 $0 $0 $2,497 Westminster $0 $0 $0 $2,127 $0 $0 $0 $2,127 Arvada $0 $0 $0 $2,004 $0 $0 $0 $2,004 Englewood (Current)$0 $0 $60 $200 $0 $0 $0 $260 1. Transportation fee shown is 'Northern Range' 2. Other includes Public Art and Service Expansion 3. Other includes Multimodal and Museum Pa g e 6 3 o f 4 5 5 STUDY SESSION TO: Mayor and Council FROM: Jennifer Nolan, Kevin Engels DEPARTMENT: Finance DATE: April 22, 2024 SUBJECT: Part II Review Preliminary 2025-2029 Capital Projects List with City Council, Planning and Zoning Commission and Budget Advisory Committee DESCRIPTION: Part II Review Preliminary 2025-2029 Capital Projects List with City Council, Planning and Zoning Commission and Budget Advisory Committee RECOMMENDATION: On Monday, April 15, 2024, Directors Pieter Van Ry and Victor Rachael were present to discuss with City Council the preliminary 2025-2029 (5-Year) period capital requests for the following funds:  Pieter Van Ry, Director of Utilities and South Platte Renew o Water Fund (40) o Sewer Fund (41) o South Platte Renew (90) - 50% of the capital requests are funded through the City of Englewood Sewer Fund  Victor Rachael, Director of Public Works o Stormwater Drainage Fund (42) Tonight members of the Leadership Team are present to discuss the preliminary Tier 1 capital project list and to confirm or modify the list of projects to be included in the preliminary 2025 capital budget request. Staff plans to also review the Capital Improvement Program (CIP) prioritization tool. The information presented is to assist City Council, Planning and Zoning Commission and the Budget Advisory Committee with their recommendation of the 2025 capital requests to be funded. PREVIOUS COUNCIL ACTION:  January 27, 2024 - Visioning and 2025 City Council Goal Setting Workshop  February 5, 2024 - Capital Improvement Plan (CIP) Prioritization Process Improvement Update Discussion  April 8, 2024 - Budget Assumptions were discussed for the 2025-2029 (5-Year) Period  April 15, 2024 - Capital requests were discussed for the 2025-2029 Period for the following utility enterprise funds: Water, Sewer, Stormwater and South Platte Renew SUMMARY: The below departments along with their respective Board, Commission and Committee developed the recommended prioritized capital requests list for the 2025-2029 (5-Year) period Page 64 of 455 as provided and presented tonight. The capital requests consist of one-time projects that acquire, construct or replace assets and ongoing annual maintenance programs that maintain or extend the useful live of assets.  Communications  Information Technology Department  Parks, Recreation, Library and Golf Department o Library Board o Parks and Recreation Commission  Public Works Department o Englewood Transportation Advisory Committee The city-staffed Capital Review Committee reviewed and scored the capital project requests (excluding the capital program requests) based on their examination of the capital request project sheets and evaluation of the prioritization tool criteria. The ranking of the projects was based on the average total score per project submitted by the members. Tonight is the third annual joint meeting of the City Council and Members of the following Boards, Commissions and Committees with input into the capital budget process:  Planning and Zoning Commission  Budget Advisory Committee During the Study Session, the city's directors will discuss their respective department's Tier 1 capital requests list of the 2025-2029 Capital Improvement Project List (See Attached 2025- 2029 Preliminary Capital Improvement Plan Presentation). Staff will also review the Capital Improvement Program (CIP) prioritization tool that may be used by the City Council, the Planning and Zoning Commission and the Budget Advisory Committee as they prepare their recommended prioritized capital requests list for 2025. As required by Charter, Article VIII, Part 2, § 58 stating, "The Commission [Planning and Zoning] shall submit annually to the City Manager, not less than ninety days prior to the submission of the budget, a list of recommended capital improvements, arranged in order of preference, which in the opinion of the Commission are necessary or desirable to be constructed during the forthcoming five-year period." In order to meet this requirement of the Planning and Zoning Commission and the requirement of other Boards, Commissions and Committees to review capital requests, the city is hosting the joint meeting with City Council and Boards, Commissions and Committees to discuss the preliminary capital projects slated for 2025-2029 with a focus on the 2025 capital projects funding requests. Throughout the 2025 budget cycle, City Council will have several opportunities to provide Staff with feedback regarding the capital requests list. During the Study Session presentation, Staff will share details on the Tier 1 projects, however, if Council desires Staff to address specific Tier 2 or Tier 3 projects, Council is encouraged to contact the City Manager in advance of the meeting to advise Staff of additional projects they would like to hear more about. After department directors review the list of proposed Tier 1 projects for 2025, Staff requests Council to consider the following questions and provide staff feedback at an upcoming study session: Page 65 of 455 1) What Capital Projects Fund (CPF) and Project Improvement Fund (PIF) projects from the Tier 1 list does Council recommend including in the 2025 Budget?  Consider $4-$5 million available to invest in capital assets and $11.6 million top priority (Tier 1) requests  Do projects from Tier 2 and Tier 3 list need further clarification?  Should any Tier 2 or Tier 3 projects be added to the 2025 budget request? 2) For all other Funds, is Council in agreement to include identified projects in the 2025 Budget Request? ANALYSIS: The 2025 CIP presentation includes capital requests for the below city funds. In order for Board, Commission and Committee Members to gauge what part of the presentation is pertinent to their oversight, the schedule of the department capital projects discussion is as follows: 1) Parks, Recreation and Library Department Conservation Trust Fund (03) Open Space Fund (10) Golf Course Fund (43) 2) Multiple Departments (Communications, Information Technology, Parks, Recreation, Library and Golf and Public Works) Public Improvement Fund (30) Capital Projects Fund (31) 3) Public Works Department Storm Water Drainage Fund (42) (reviewed April 15, 2024) Concrete Utility Fund (44) Servicenter Fund (61) Capital Equipment Replacement Fund (62) 4) Utilities Department (reviewed April 15, 2024) Water Fund (40) Sewer Fund (41) South Platte Renew (90) - 50% of capital request funding is provided by the city's Sewer Fund As a reminder, the revenue sources available to fund the capital requests for the respective funds follows:  The Conservation Trust Fund receives $400K-$500K from the Colorado State Lottery proceeds that is used to finance parks and recreation related capital projects  The Open Space Fund receives approximately $1-$1.5 million from Arapahoe County through its share of the Arapahoe County Open Space Sales Tax (.25%) and Local Grants  The following Enterprise Funds receive their capital funding through user fees: o Water Fund o Sewer Fund o Storm Water Drainage Fund o Concrete Utility Fund o Golf Course Fund Page 66 of 455  The following Internal Service Funds receive their funding for capital project requests through department chargeback fees: o Servicenter Fund o Capital Equipment Replacement Fund  The Public Improvement Fund receives approximately $4-$5 million from the Vehicle Use Tax, Building Use Tax and the Arapahoe County Road and Bridge Tax and these funds are used to finance public infrastructure  The Capital Projects Fund receives its funding through transfers from the General Fund and/or the Public Improvement Fund; these funds are used to finance the city public facilities and information technology infrastructure  Please note in parenthesis next to the project title listed in the presentation, the additional funding from the following sources: o American Rescue Plan Act (ARPA) o State Revolving Fund (SRF) o Water Infrastructure Finance and Innovation Act (WIFIA) o Water Pollution Control Revolving Fund Loan COUNCIL ACTION REQUESTED: Staff is asking City Council to review the capital requests list priorities (Tier 1) and to provide initial thoughts on projects to include and those projects that should be removed from the preliminary 2025 capital budget request. Based on City Council's direction during the Study Session and responses to the questions posed in the Summary Section of this memo, the June 24, 2024 Budget Workshop (a review of significant department 2025 programs, operating expense requests - including FTEs and capital updates) will reflect Council's input regarding the funding of the 2025 capital requests. Also staff is seeking feedback from the Joint Meeting participants with regards to the capital projects prioritization ranking tool and process. FINANCIAL IMPLICATIONS: The city's Capital Projects Funds (Public Improvement Fund and the Capital Projects Fund) are the main areas of focus as these general government function capital requests exceed the available funding sources: 2025 Capital Projects Funds Total Dollar Requests by Priority Priority Public Improvement Fund Capital Projects Fund Totals Tier 1 $4.1M $7.5M $11.6M Tier 2 $1.6M $0.9M $2.5M Tier 3 $0.1M $1.0M $1.1M Tier 4 $0.0M $0.0M $0.0M Total $5.8M $9.4M $15.2M  Tier 1 capital projects request for 2025 total approximately $11.6 million; $4-$5 million is estimated to be available Page 67 of 455  Available funding includes $4-$5 million estimated annual receipts. Approximately $3.2 million remains in CPF and PIF unappropriated fund balance to support possible emergency spending or higher than estimated project costs. CONNECTION TO STRATEGIC PLAN: The 2025-2029 CIP project requests impact in various ways the city's following results/outcomes:  Community Engagement - Vibrant, engaged and connected neighborhoods as part of the Englewood community  Community Wellbeing - A city that provides satisfying opportunities for the vitality, enrichment, welfare and happiness of the community  Economy - A city that retains and supports existing businesses while attracting and promoting new business ventures  Governance - A city government that serves the community by being efficient, effective, accountable and adaptable  Infrastructure - A city that proactively and in a cost-effective manner invests in, maintains, improves and plans to protect its infrastructure  Safety - A city that protects and serves the community and its people with professionalism and responsiveness  Sustainability - A city that stewards its resources for the benefit of current and future generations  Transportation - A city that proactively and in a cost-effective manner invests in, maintains, improves and plans to protect its infrastructure OUTREACH/COMMUNICATIONS: The following Boards, Commissions and Committees have expressed duties to advise the City Manager and City Council regarding the development of the city's capital budget and will provide a 2025 capital projects recommendation list to the City Manager's Office by June 5, 2024 (approximately 90 days prior to the submission of the proposed budget):  Planning and Zoning Commission  Library Board  Parks and Recreation Commission  Englewood Transportation Advisory Committee  Budget Advisory Committee ATTACHMENTS: 2025-2029 Preliminary Capital Project/Program Requests Presentation DRAFT 2025 Preliminary Capital Improvement Plan Page 68 of 455 2025-2029 Preliminary Capital Project/Program Requests Presented by Members of the Leadership Team Pa g e 6 9 o f 4 5 5 Agenda •Capital Improvement Plan (CIP) Budget Planning •Department Overview of 2025 Capital Project/Program Requests •Parks, Recreation, Library and Golf Department •Conservation Trust Fund; Open Space Fund and Golf Course Fund •Multiple Departments •Public Improvement Fund and Capital Projects Fund •Public Works Department •Stormwater Drainage Fund (reviewed April 15, 2024) •Concrete Utility Fund; ServiCenter Fund and Capital Equipment Replacement Fund •Utilities Department (reviewed April 15, 2024) •Water Fund and Sewer Fund •South Platte Renew (reviewed April 15, 2024) •Review the Capital Improvement Program (CIP) Prioritization Tool Pa g e 7 0 o f 4 5 5 Capital Improvement Plan (CIP) Budget Planning Pa g e 7 1 o f 4 5 5 2025 City Council Budget Calendar Q1 Jan-Mar •City Council 2025 Vision/Goal Setting Workshop-Jan 27, 2024 •Capital Improvement Plan Prioritization Process Discussion-Feb 5, 2024 Q2 Apr-Jun •Preliminary 2025 Revenue and Expenditure Underlying Forecast Assumptions–Apr 8, 2024 •Review Preliminary 2025-2029 Capital Requests List for the Water, Sewer, South Platte Renew and Stormwater Drainage Funds-Apr 15, 2024 •Review Preliminary 2025-2029 Capital Requests List with City Council, Planning and Zoning Commission and Budget Advisory Committee-Apr 22, 2024 •Preliminary Department 2025 Operating & Capital Requests–Jun 24, 2024 Q3 Jul-Sep •Budget Advisory Committee Annual Report Review–Aug 5, 2024 (Placeholder) •Draft Proposed 2025 Operating & Capital Budget–Aug 12, 2024 •Proposed 2025 Budget Available–Sep 3, 2024 •Proposed 2025 Budget Public Hearing–Sep 16, 2024 •Budget Workshop to finalize 2025 Budget–Sep 23, 2024 (Placeholder) Q4 Oct-Dec •2025 Budget Ordinances First Reading–Oct 7, 2024 •2025 Budget Ordinances Second Reading–Oct 21, 2024 Other Budget Process Input •2025-2029 Capital Improvement Plan (CIP) recommended project list to City Manager from the following: Planning and Zoning Commission, Library Board, Englewood Transportation Advisory Committee, Parks & Recreation Commission and Budget Advisory Committee - Jun 5, 2024 •BC&C provide operating budget updates per their purview: Library Board, Englewood Transportation Advisory Committee, Parks & Recreation Commission and Budget Advisory Committee – no later than July 31, 2024 Pa g e 7 2 o f 4 5 5 2025 CIP Process STEP 1 Department capital request preparation with their respective BCC (as needed) and provide a recommended prioritized list for the April 22nd Joint Meeting* STEP 2 City Staff Committee Review to score the Public Improvement Fund and Capital Projects Funds capital project requests (excludes ongoing capital maintenance programs) STEP 3 Joint Meeting with City Council, Planning & Zoning Commission and Budget Advisory Committee Review Planning & Zoning Commission and Budget Advisory Committee provide a recommended, prioritized list to CMO by June 5, 2024 STEP 4 CMO and city departments reconcile the recommendation lists for Council Review and Decision by August 2024 City Council makes final decisions based on staff, and advisory board, commission and committee input Joint Meeting = City Council, Planning and Zoning Commission and Budget Advisory Committee CMO = City Manager’s Office; BCC = Board, Commission and/or Committee Pa g e 7 3 o f 4 5 5 Capital Budget Planning Process Input Library Board •Charter. Article VIII, Part I, §55 …“The Board will cooperate with the City Manager in preparing its annual capital expenditure budget for Council.”… Planning and Zoning Commission •Charter. Article VIII, Part 2, §58 …“The Commission shall submit annually to the City Manager, not less than ninety days prior to the submission of the budget, a list of recommended capital improvements, arranged in order of preference, which in the opinion of the Commission are necessary or desirable to be constructed during the forthcoming five-year period.”… Water and Sewer Board •Charter. Article VIII, Part 4, §62 …“The Board, in cooperation with the City Manager, shall submit annually to Council a capital expenditure budget; such budget may provide for a contingency fund never to exceed two percent (2%) of the gross receipts of the domestic water and sanitary sewer systems for the previous year.”…Pa g e 7 4 o f 4 5 5 Parks and Recreation Commission•Englewood Municipal Code. Title 2, Chapter 4, §2-4-3(A)(C) “(A) Advise City Council in all matters pertaining to recreation…. (C) Review the annual parks and recreation budget as submitted from the Department of Parks and Recreation to the City Manager and make recommendations to City Council if the commission deems necessary.”… Englewood Transportation Advisory Committee•Englewood Municipal Code. Title 2, Chapter 12, §2-12-5(C) …“Make recommendations regarding the allocation of funds for capital expenditures related to roadway and transportation improvements.”… Budget Advisory Committee•Englewood Municipal Code. Title 2, Chapter 14, §2-14-5(E)(F) …“(E) The Budget Advisory Committee may submit annually to the City Manager, not less than ninety (90) days prior to the submission of the budget, a list of recommended capital improvements, arranged in order of preference, which in the opinion of the Committee, are necessary or desirable to be constructed during the forthcoming five-year period. (F) Once the budgets have been reviewed and have incorporated requests for new programs and/or personnel authorized by the City Manager, the Budget Advisory Committee shall submit a written report of its findings and recommendations (BAC Report) at least annually.”… Continues from previous slide Capital Budget Planning Process Input Continued Pa g e 7 5 o f 4 5 5 Parks, Recreation, Library and Golf Department •Conservation Trust Fund (03) •Open Space Fund (10) •Golf Course Fund (43) Multiple Departments •Public Improvement Fund (30) •Capital Projects Fund (31) Public Works Department •Stormwater Drainage Fund (42) •Concrete Utility Fund (44) •ServiCenter Fund (61) •Capital Equipment Replacement Fund (62) Utilities Department •Water Fund (40) •Sewer Fund (41) •South Platte Review (90) 50% of capital requests funded by the Sewer Fund 2025-2029 Capital Requests Department Oversight Pa g e 7 6 o f 4 5 5 Capital requests may be grouped by either Projects or Programs: •Capital Projects: typically one-time expenditure to acquire, construct or replace an asset; cash outlay may be over 1-4 years and occur every 5-30 years •Capital Programs: typically ongoing or annual expenditure to maintain or extend the life of an asset Capital Improvement Plan Requests Capital Programs or Projects by Fund and Tier Priority Tier 1-Urgent Priority Tier 2-High Priority Tier 3-Medium Priority Tier 4-Low Priority Funding within 1 year Funding within 1-2 years Funding within 1-3 years Funding within 1-4 yearsPa g e 7 7 o f 4 5 5 Englewood Vision Results/Outcomes Community Engage- ment Vibrant, engaged and connected neighborhoo ds as part of the Englewood community Community Wellbeing A city that provides satisfying opportun- ities for the vitality, enrichment, welfare and happiness of the community Economy A city that retains and supports existing businesses while attracting and promoting new business ventures Gover- nance A city government that serves the community by being efficient, effective, accountable and adaptable Infrastruc- ture A city that proactively and in a cost- effective manner invests in, maintains, improves and plans to protect its infrastruc- ture Safety A city that protects and serves the community and its people with professional- ism and responsive- ness Sustain- ability A city that stewards its resources for the benefit of current and future generations Transpor- tation A city that proactively and in a cost- effective manner invests in, maintains, improves and plans to protect its infrastruc- ture Pa g e 7 8 o f 4 5 5 2025 Capital Projects as a Percentage of Englewood Vision Results/Outcomes CAPITAL PROJECT/PROGRAM SUPPORT OF ENGLEWOOD VISION RESULTS/OUTCOMES Community Engagement Community Wellbeing Economy Governance Infrastruc- ture Safety Sustaina- bility Transpor- tation Total All Requests Across All Funds 4%8%5%11%28%22%16%6%100% Tier 1 Projects Across All Funds 4%9%4%11%26%21%21%3%100% Pa g e 7 9 o f 4 5 5 Parks, Recreation, Library and Golf Department Conservation Trust Fund Open Space Fund Golf Course FundPa g e 8 0 o f 4 5 5 January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $ 2,226,348 $420,000 $523,328 $ 2,123,020 $ 1,528,280 $ 594,740 2025 Tier 1 Capital Requests Total $70,000 Designated Funds for Projects Completion Unappropriated Fund Balance Main Source of Funds Share in Colorado State Lottery Funds Please Note: The 2024 original budget for sources and uses are provided to determine the estimated balance available for 2025 capital expenditures. The year end 2024 actual balance available may vary. 2025-2029 Tier 1 Capital ProjectsConservation Trust Fund (03) Pa g e 8 1 o f 4 5 5 2025-2029 Tier 1 Capital Projects Capital Projects Conservation Trust Fund (03) Line # PJ PG Priority Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 1 PG Tier 1 PCove Maintenance 70,000$ 66,150$ 69,458$ 72,930$ 70,000$ 348,538$ 2 PG Tier 2 CTF Contingency 92,241$ 95,008$ 99,708$ 100,000$ 50,000$ 436,957$ 3 PG Tier 2 ERC Improvements 59,703$ 61,494$ 148,294$ 40,000$ 40,000$ 349,491$ 4 PG Tier 2 ERC Maintenance 80,000$ 100,000$ 40,000$ 50,000$ 30,000$ 300,000$ 5 PG Tier 2 Fitness Equipment Replacement 59,703$ 61,494$ 63,339$ 63,339$ 66,489$ 314,364$ 6 PG Tier 2 Malley Center Improvements 10,000$ 30,000$ 10,000$ 10,000$ 10,000$ 70,000$ 7 PG Tier 2 PCove Expansion 60,000$ 57,000$ -$ -$ -$ 117,000$ 8 PG Tier 2 PCove Furniture Fixtures & Equipment 71,400$ 74,970$ 78,718$ 82,654$ 70,000$ 377,742$ 9 PG Tier 3 Belleview Farm 5,000$ 5,000$ 5,000$ 5,000$ 5,000$ 25,000$ 10 PG Tier 3 Belleview Train 40,000$ 40,000$ 20,000$ 20,000$ 20,000$ 140,000$ 11 PG Tier 3 Park Improvements 45,000$ 45,000$ 45,000$ 45,000$ 45,000$ 225,000$ Totals 593,047$ 636,116$ 579,517$ 488,923$ 406,489$ 2,704,092$ PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 8 2 o f 4 5 5 January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $ 3,062,962 $ 1,600,000 $ 1,312,195 $ 3,350,767 $ 1,635,846 $ 1,714,921 2025 Tier 1 Capital Requests Total $785,200 Designated Funds for Projects Completion Unappropriated Fund Balance Please Note: The 2024 original budget for sources and uses are provided to determine the estimated balance available for 2025 capital expenditures. The year end 2024 actual balance available may vary. 2025-2029 Tier 1 Capital ProjectsOpen Space Fund (10) Main Source of Funds The City’s share in Arapahoe County Open Space .25% Sales and Use Tax collections and Awarded Local GrantsPa g e 8 3 o f 4 5 5 2025-2029 Tier 1 Capital Projects Open Space Fund (10) Line # PJ PG Priority Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 1 PG Tier 1 Grant Matching Funds 400,000$ 350,000$ 350,000$ 350,000$ 400,000$ 1,850,000$ 2 PG Tier 1 Irrigation System Replacement 50,000$ 50,000$ 100,000$ 100,000$ 100,000$ 400,000$ 3 PG Tier 1 Park Planning Design and Project Management 50,000$ -$ -$ -$ 50,000$ 100,000$ 4 PG Tier 1 Parks Flower Bed Program 41,000$ 41,000$ 41,000$ 41,000$ 41,000$ 205,000$ 5 PG Tier 1 Parks Maintenance Employee Compensation 200,000$ 200,000$ 200,000$ 200,000$ 200,000$ 1,000,000$ 6 PG Tier 1 Tree Replacement 44,200$ 45,000$ 45,000$ -$ 45,000$ 179,200$ 7 PG Tier 2 Concrete Trail Replacement 100,000$ 100,000$ 100,000$ 100,000$ 100,000$ 500,000$ 8 PG Tier 2 Parks Equipment 20,000$ 20,000$ 20,000$ 20,000$ 20,000$ 100,000$ 9 PG Tier 2 Parks Landscape Improvements 50,000$ 100,000$ 100,000$ 100,000$ 50,000$ 400,000$ 10 PG Tier 2 Parks Renovation Fund 50,000$ 100,000$ 100,000$ 100,000$ 100,000$ 450,000$ 11 PG Tier 2 Tennis/Basketball Court Renovations 50,000$ 100,000$ 50,000$ 50,000$ 50,000$ 300,000$ 12 PG Tier 3 Contingency 200,000$ 131,325$ 131,325$ 81,325$ 200,000$ 743,975$ 13 PG Tier 3 Parks Rules Signage -$ -$ -$ 25,000$ 25,000$ 50,000$ Totals 1,255,200$ 1,237,325$ 1,237,325$ 1,167,325$ 1,381,000$ 6,278,175$ PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 8 4 o f 4 5 5 January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $ 233,828 $2,986,190 $2,931,940 $ 288,078 2025 Tier 1 Capital Requests Total $244,244 Please Note: The 2024 original budget for sources and uses are provided to determine the estimated balance available for 2025 capital expenditures. The year end 2024 actual balance available may vary. 2025-2029 Tier 1 Capital ProjectsGolf Course Fund (43) Main Source of Funds Golf Course Fees for Rounds Played, Driving Range, Cart Rental, Pro Shop Sales Pa g e 8 5 o f 4 5 5 2025-2029 Tier 1 Capital Projects Golf Course Fund (43) Line # PJ PG Priority Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 1 PG Tier 1 Asphalt 50,000$ 50,000$ 50,000$ 50,000$ 50,000$ 250,000$ 2 PG Tier 1 Golf Carts 44,244$ 44,244$ 44,244$ 44,244$ -$ 176,976$ 3 PG Tier 1 Golf Course Operating Equipment 150,000$ 150,000$ 170,000$ 200,000$ 150,000$ 820,000$ 4 PG Tier 2 Clubhouse Improvements 100,000$ 100,000$ 100,000$ 100,000$ 100,000$ 500,000$ 5 PG Tier 3 Annual Facility Repairs 30,000$ 35,000$ 40,000$ 40,000$ -$ 145,000$ 6 PG Tier 3 Golf Course Landscaping 24,000$ 25,000$ 26,000$ 27,000$ 30,000$ 132,000$ 7 PG Tier 3 Restaurant equipment and fixtures 15,000$ 15,000$ 15,000$ 15,000$ 10,000$ 70,000$ Totals 413,244$ 419,244$ 445,244$ 476,244$ 340,000$ 2,093,976$ PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 8 6 o f 4 5 5 Pa g e 8 7 o f 4 5 5 Multiple Departments Public Improvement Fund Capital Projects Fund Pa g e 8 8 o f 4 5 5 •General government capital requests continue to out-pace available revenue and savings •The ratio of capital Projects to Programs •Public Improvement Fund (PIF) is 8.7% to 91.3% respectively •Capital Projects Fund (CPF) is 55.3% to 44.7% respectively •A long-term designated funding strategy for the city’s Capital Improvement Plan (CIP) requests is needed •Transfers from the General Fund Unassigned Fund Balance as available •Dedicated Public Improvement Fund Two Mills (subject to a vote) Charter. Article X. Part 1. Section 96: Public Improvement Levy. Capital Projects Funds History Public Improvement and Capital Projects Funds Pa g e 8 9 o f 4 5 5 PIF and CPF 2025 Capital Projects vs Programs Public Improvement Fund (PIF)Capital Projects Fund (CPF) Tier 1 Tier 2 Tier 3 & 4 PIF Totals Tier 1 Tier 2 Tier 3 & 4 CPF Totals Grand Total Communications -$ -$ -$ -$ -$ -$ -$ -$ -$ Information Technology -$ -$ -$ -$ -$ -$ -$ -$ -$ Parks, Recreation Library and Golf -$ -$ -$ -$ 180,000$ -$ -$ 180,000$ 180,000$ Public Works 500,000$ -$ -$ 500,000$ 4,100,000$ 925,000$ 15,000$ 5,040,000$ 5,540,000$ Projects Subtotal 500,000$ -$ -$ 500,000$ 4,280,000$ 925,000$ 15,000$ 5,220,000$ 5,720,000$ 37.7% %12.3%0.0%0%8.7%57.1%100.0%1%55.3% Communications 200,000$ -$ -$ 200,000$ 30,000$ -$ -$ 30,000$ 230,000$ Information Technology -$ -$ -$ -$ 1,005,000$ -$ 1,000,000$ 2,005,000$ 2,005,000$ Parks, Recreation Library and Golf 80,000$ 250,000$ -$ 330,000$ 98,185$ -$ -$ 98,185$ 428,185$ Public Works 3,295,000$ 1,350,000$ 50,000$ 4,695,000$ 2,078,500$ -$ -$ 2,078,500$ 6,773,500$ Programs Subtotal 3,575,000$ 1,600,000$ 50,000$ 5,225,000$ 3,211,685$ -$ 1,000,000$ 4,211,685$ 9,436,685$ 62.3% %87.7%100.0%100%91.3%42.9%0.0%99%44.7% Communications 200,000$ -$ -$ 200,000$ 30,000$ -$ -$ 30,000$ 230,000$ Information Technology -$ -$ -$ -$ 1,005,000$ -$ 1,000,000$ 2,005,000$ 2,005,000$ Parks, Recreation Library and Golf 80,000$ 250,000$ -$ 330,000$ 278,185$ -$ -$ 278,185$ 608,185$ Public Works 3,795,000$ 1,350,000$ 50,000$ 5,195,000$ 6,178,500$ 925,000$ 15,000$ 7,118,500$ 12,313,500$ Total 4,075,000$ 1,600,000$ 50,000$ 5,725,000$ 7,491,685$ 925,000$ 1,015,000$ 9,431,685$ 15,156,685$ 100.0% %100.0%100.0%100.0%100.0%100.0%100.0% P r o j e c t s P r o g r a m s T o t a l Pa g e 9 0 o f 4 5 5 Current Ability to Fund CIP Requests Current Estimated Funding: ~$4-$5 million Available to fund approximately $11.3 million for Tier 1 2025 capital requests in the Public Improvement Fund ($4.1M) and Capital Projects Fund ($7.5M) (Vehicle Use Tax, Building/Construction Use Tax and Arapahoe County Road and Bridge Tax and unappropriated fund balance) Potential Additional Funding: $TBD million Estimated Building Use Tax revenue from new and potential development projects in 2024 and 2025 $TBD million General Fund Unassigned Fund Balance ~$4-$5 million Total Current and Potential Funding Available Pa g e 9 1 o f 4 5 5 January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $ 19,624,990 $9,802,157 $ 9,945,689 $ 19,481,458 $ 17,083,341 $ 2,398,117 2025 Tier 1 Capital Requests Total $4,075,000 Designated Funds for Projects Completion Unappropriated Fund Balance Please Note: The 2024 original budget for sources and uses are provided to determine the estimated balance available for 2025 capital expenditures. The year end 2024 actual balance available may vary. 2025-2029 Tier 1 Capital ProjectsPublic Improvement Fund (30) Main Source of Funds •Vehicle Use Tax •Building Use Tax •Arapahoe County Road and Bridge TaxPa g e 9 2 o f 4 5 5 2025-2029 Tier 1 Capital Projects Public Improvement Fund (30) (1 of 5) Line # PJ PG Priority Dept Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 1 PG Tier 1 COMM Public Art - Wraps and Crosswalks 100,000$ -$ -$ -$ -$ 100,000$ 2 PG Tier 1 COMM Wayfinding and Placemaking 100,000$ 100,000$ 100,000$ 100,000$ -$ 400,000$ 3 PG Tier 1 PRLG Parks & Rec Parking Lot Maint 80,000$ 80,000$ 85,000$ 90,000$ 90,000$ 425,000$ 4 PG Tier 1 PW Neighborhood Traffic Calming Program 100,000$ -$ -$ -$ -$ 100,000$ 5 PJ Tier 1 PW City-Wide Transportation Plan 250,000$ -$ -$ -$ -$ 250,000$ 6 PG Tier 2 PW Walk & Wheel Plan Implementation 245,000$ $ 390,000 465,000$ 565,000$ 538,000$ 2,203,000$ 7 PG Tier 1 PW Alley Maintenance 100,000$ 100,000$ 100,000$ 100,000$ 100,000$ 500,000$ 8 PG Tier 1 PW Bridge Repairs 500,000$ 500,000$ 250,000$ 250,000$ 250,000$ 1,750,000$ 9 PG Tier 1 PW Concrete Program Accessible Ramps 350,000$ 350,000$ 350,000$ 350,000$ 350,000$ 1,750,000$ 10 PG Tier 1 PW Concrete Utility City Share 350,000$ 350,000$ 350,000$ 350,000$ 350,000$ 1,750,000$ 11 PJ Tier 1 PW Implementation of Neighborhood Traffic Calming Program & Safe Routes to School initiatives 250,000$ 250,000$ 250,000$ 250,000$ 250,000$ 1,250,000$ 12 PG Tier 1 PW Pavement Maintenance by Area 500,000$ 750,000$ 1,000,000$ 1,000,000$ 1,000,000$ 4,250,000$ 13 PG Tier 1 PW Road & Bridge 350,000$ 350,000$ 350,000$ 350,000$ 350,000$ 1,750,000$ 14 PG Tier 1 PW Signal Equipment Upgrade/Replacement 300,000$ 300,000$ 400,000$ 400,000$ 400,000$ 1,800,000$ 15 PG Tier 1 PW Street Reconstruction 500,000$ 500,000$ 500,000$ 500,000$ 500,000$ 2,500,000$ Subtotals PIF Slide 1 $ 4,075,000 $ 4,020,000 $ 4,200,000 $ 4,305,000 $ 4,178,000 $20,778,000 PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 9 3 o f 4 5 5 2025-2029 Capital Projects Public Improvement Fund (30) (2 of 5) Line # PJ PG Priority Dept Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 16 PG Tier 2 PRLG Public Art Acquisition 250,000$ 250,000$ 250,000$ 150,000$ -$ 900,000$ 17 PG Tier 2 PW Alley Paving 500,000$ 500,000$ 500,000$ 500,000$ 500,000$ 2,500,000$ 18 PG Tier 2 PW Arterial and Collector Street Pavement Maintenance 500,000$ 500,000$ 1,000,000$ 1,000,000$ 1,000,000$ 4,000,000$ 19 PG Tier 2 PW Sidewalk Gap Construction 350,000$ 350,000$ 400,000$ 450,000$ 450,000$ 2,000,000$ 20 PG Tier 3 PW Arterial and Collector Streets Sidewalk Widening to 6 feet where necessary -$ 300,000$ 300,000$ 300,000$ 300,000$ 1,200,000$ 21 PJ Tier 3 PW Belleview Ave, Fox St to Broadway -$ 200,000$ 1,300,000$ -$ -$ 1,500,000$ 22 PJ Tier 3 PW Broadway Mid-Block Crossing at Gothic -$ 200,000$ 500,000$ -$ -$ 700,000$ 23 PG Tier 3 PW Broadway Reconstruction Evaluation -$ -$ 100,000$ -$ -$ 100,000$ Subtotals PIF Slide 2 $ 1,600,000 $ 2,300,000 $ 4,350,000 $ 2,400,000 $ 2,250,000 12,900,000$ PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 9 4 o f 4 5 5 2025-2029 Capital Projects Public Improvement Fund (30) (3 of 5) Line # PJ PG Priority Dept Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 24 PG Tier 3 PW Broadway Safety Improvements -$ 75,000$ 300,000$ -$ -$ 375,000$ 25 PJ Tier 3 PW Broadway, Yale to Hampden -$ -$ 2,200,000$ 13,000,000$ -$ 15,200,000$ 26 PJ Tier 3 PW CityCenter Englewood Station Platform Shelter -$ -$ 200,000$ -$ -$ 200,000$ 27 PG Tier 3 PW CityCenter Englewood Station/S. Santa Fe Dr. Ped/Bike Bridge -$ 300,000$ 5,000,000$ -$ -$ 5,300,000$ 28 PG Tier 3 PW Clarkson Bike Blvd, Hampden to Dartmouth -$ 300,000$ 300,000$ -$ -$ 600,000$ 29 PJ Tier 3 PW Dartmouth Rail Trail Bridge -$ 500,000$ 4,500,000$ -$ -$ 5,000,000$ 30 PJ Tier 3 PW Hampden Rail Trail Pedestrian Bridge -$ 250,000$ 5,000,000$ -$ -$ 5,250,000$ 31 PJ Tier 3 PW Logan, Tufts to Oxford -$ -$ 2,800,000$ -$ -$ 2,800,000$ 32 PG Tier 3 PW Neighborhood Street Lighting by Area -$ 150,000$ 200,000$ 200,000$ 200,000$ 750,000$ Subtotals PIF Slide 3 $ - $1,575,000 $20,500,000 $ 13,200,000 $ 200,000 35,475,000$ PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 9 5 o f 4 5 5 2025-2029 Capital Projects Public Improvement Fund (30) (4 of 5) Line # PJ PG Priority Dept Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 33 PJ Tier 3 PW Rail Trail Segment 1 Bridge (Big Dry Creek - Oxford Station) -$ -$ 500,000$ 2,000,000$ -$ 2,500,000$ 34 PJ Tier 3 PW Rail Trail Segment 2 (Oxford Station - S. Platte River Trail) -$ -$ 500,000$ 4,000,000$ -$ 4,500,000$ 35 PJ Tier 3 PW Rail Trail Segment 3 (S. Platte River Trail - W. Bates Ave.) -$ -$ 400,000$ 4,000,000$ -$ 4,400,000$ 36 PJ Tier 3 PW Santa Fe PEL Bike-Ped Improvements -$ 300,000$ -$ -$ -$ 300,000$ 37 PJ Tier 3 PW Southwest Greenbelt Trail (S. Cherokee St. - S. Windermere St.) -$ 350,000$ 3,000,000$ -$ -$ 3,350,000$ 38 PG Tier 3 PW Street Lights and Furniture repair/replacement 50,000$ 50,000$ 50,000$ 50,000$ -$ 200,000$ 39 PG Tier 3 PW Traffic Signal Replacement -$ 750,000$ 750,000$ 750,000$ 750,000$ 3,000,000$ 40 PG Tier 3 PW Transportation System Upgrade -$ 100,000$ 100,000$ 100,000$ 100,000$ 400,000$ Subtotals PIF Slide 4 $ 50,000 $ 1,550,000 $ 5,300,000 $10,900,000 $ 850,000 $18,650,000 PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 9 6 o f 4 5 5 2025-2029 Capital Projects Public Improvement Fund (30) (5 of 5) Line # PJ PG Priority Dept Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 41 Subtotals PIF Slide 4 $ 50,000 $ 1,550,000 $ 5,300,000 $ 10,900,000 $ 850,000 $ 18,650,000 42 Subtotals PIF Slide 3 $ - $ 1,575,000 $ 20,500,000 $ 13,200,000 $ 200,000 $ 35,475,000 43 Subtotals PIF Slide 2 $ 1,600,000 $ 2,300,000 $ 4,350,000 $ 2,400,000 $ 2,250,000 $ 12,900,000 44 Subtotals PIF Slide 1 $ 4,075,000 $ 4,020,000 $ 4,200,000 $ 4,305,000 $ 4,178,000 $ 20,778,000 PIF Grand Total $ 5,725,000 $ 9,445,000 $ 34,350,000 $ 30,805,000 $ 7,478,000 $ 87,803,000 PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 9 7 o f 4 5 5 January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $ 3,960,399 $4,025,000 $3,169,345 $ 4,816,054 $ 4,001,554 $ 814,500 2025 Tier 1 Capital Requests Total $7,491,685 Designated Funds for Projects Completion Unappropriated Fund Balance Please Note: The 2024 original budget for sources and uses are provided to determine the estimated balance available for 2025 capital expenditures. The year end 2024 actual balance available may vary. 2025-2029 Tier 1 Capital ProjectsCapital Projects Fund (31) Main Source of Funds Transfers -In from General Fund and/or Public Improvement Fund Pa g e 9 8 o f 4 5 5 2025-2029 Tier 1 Capital Projects Capital Projects Fund (31) Line # PJ PG Priority Dept Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 1 PG Tier 1 COM Neighborhood Signs $ 30,000 $ - $ - $ - $ - $ 30,000 2 PG Tier 1 IT Audio Visual Upgrades IT $ 30,000 $ 30,000 $ 30,000 $ 50,000 $ 50,000 $ 190,000 3 PG Tier 1 IT Network Development IT $ 325,000 $ 350,000 $ 150,000 $ 150,000 $ 540,000 $ 1,515,000 4 PG Tier 1 IT Patrol Cars MDTs and Other IT Equipment $ 375,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 775,000 5 PG Tier 1 IT PC Replacement IT $ 125,000 $ 125,000 $ 125,000 $ 125,000 $ 125,000 $ 625,000 6 PG Tier 1 IT Security Cameras IT $ 150,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 350,000 7 PG Tier 1 PRLG Art in Public Places 1% Recreation $ 48,185 $ 25,700 $ 19,600 $ 19,000 $ 19,000 $ 131,485 8 PG Tier 1 PRLG Emerald Ash Borer Mitigation $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 250,000 9 PJ Tier 1 PRLG Library Furniture $ 50,000 $ - $ - $ - $ - $ 50,000 10 PJ Tier 1 PRLG Library Single-Exit Feasibility Study & Construction $ 130,000 $ - $ - $ - $ - $ 130,000 11 PJ Tier 1 PW City-wide Energy Efficient Projects $3,850,000 $ - $ - $ - $ - $ 3,850,000 12 PJ Tier 1 PW ADA Compliance Projects $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 750,000 13 PJ Tier 1 PW Civic Center 2nd Floor Carpet Replacements $ 100,000 $ - $ - $ - $ - $ 100,000 14 PG Tier 1 PW Facilities and Operations $2,058,500 $ 835,000 $ 325,000 $ 325,000 $ - $ 3,543,500 15 PG Tier 1 PW Security Civic Center and Rec Center $ 20,000 $ 20,000 $ 20,000 $ 20,000 $ 20,000 $ 100,000 16 PJ Tier 2 PW Facility Backup Generators $ 925,000 $ 300,000 $ 300,000 $ 300,000 $ - $ 1,825,000 17 PG Tier 3 IT Fiber Network $1,000,000 $1,000,000 $1,000,000 $1,000,000 $1,000,000 $ 5,000,000 18 PJ Tier 3 PW Annual Common Area Furniture Replacement $ 15,000 $ 15,000 $ 15,000 $ - $ - $ 45,000 Totals $9,431,685 $3,050,700 $2,334,600 $2,339,000 $2,104,000 $19,259,985 PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 9 9 o f 4 5 5 Pa g e 1 0 0 o f 4 5 5 Public Works Department Concrete Utility Fund ServiCenter Fund Capital Equipment Replacement Fund Pa g e 1 0 1 o f 4 5 5 January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $ 2,217,164 $ 1,148,600 $ 1,192,549 $ 2,173,215 2025 Tier 1 Capital Requests Total $1,000,000 Please Note: The 2024 original budget for sources and uses are provided to determine the estimated balance available for 2025 capital expenditures. The year end 2024 actual balance available may vary. 2025-2029 Tier 1 Capital ProjectsConcrete Utility Fund (44) Main Source of Funds Concrete Utility Fees Pa g e 1 0 2 o f 4 5 5 2025-2029 Tier 1 Capital ProjectsConcrete Utility Fund (44) Line # PJ PG Priority Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 1 PG Tier 1 Curb and Gutter Repair 200,000$ 200,000$ 225,000$ 225,000$ -$ 850,000$ 2 PG Tier 1 Sidewalk Repair by Area 800,000$ 825,000$ 825,000$ 825,000$ -$ 3,275,000$ Totals 1,000,000$ 1,025,000$ 1,050,000$ 1,050,000$ -$ 4,125,000$ PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 1 0 3 o f 4 5 5 January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $ 385,684 $ 2,602,310 $ 2,582,630 $ 405,364 2025 Tier 1 Capital Requests Total $357,500 Please Note: The 2024 original budget for sources and uses are provided to determine the estimated balance available for 2025 capital expenditures. The year end 2024 actual balance available may vary. 2025-2029 Tier 1 Capital ProjectsServiCenter Fund (61) Main Source of Funds Department Chargeback FeesPa g e 1 0 4 o f 4 5 5 2025-2029 Tier 1 Capital ProjectsServicenter Fund (61) Line # PJ PG Priority Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 1 PG Tier 1 ServiCenter Building Upgrades 357,500$ 500,000$ -$ -$ -$ 857,500$ Totals 357,500$ 500,000$ -$ -$ -$ 857,500$ PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 1 0 5 o f 4 5 5 January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $ 4,031,405 $ 1,070,591 $ 2,466,534 $ 2,635,462 2025 Tier 1 Capital Requests Total $1,159,540 Please Note: The 2024 original budget for sources and uses are provided to determine the estimated balance available for 2025 capital expenditures. The year end 2024 actual balance available may vary. 2025-2029 Tier 1 Capital ProjectsCapital Equipment Replacement Fund (62) Main Source of Funds Department Chargeback Fees Pa g e 1 0 6 o f 4 5 5 2025-2029 Tier 1 Capital ProjectsCapital Equipment Replacement Fund (62) Line # PJ PG Priority Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals 1 PG Tier 1 Fleet CERF 1,159,540$ 2,352,251$ 1,621,050$ 426,402$ -$ 5,559,243$ Totals 1,159,540$ 2,352,251$ 1,621,050$ 426,402$ -$ 5,559,243$ PJ=Project definite start and end date, one-time request to acquire, construct or replace an asset; PG=Program annual, ongoing funding to maintain an asset Pa g e 1 0 7 o f 4 5 5 Pa g e 1 0 8 o f 4 5 5 Prioritization Tool Review Pa g e 1 0 9 o f 4 5 5 Prioritization Tool Review (excel workbook) •PIF and CPF Requests tab •Section I –General Information of the PIF and CPF capital requests •Section II –Current Year Financial Activity of Capital Requests •Section III –2025-2029 (5-Year) Estimated Costs for Capital Requests •Section IV –Department Weighted Scores •Section V –Weighted Score (as entered in the “30-PIF” tab and the “31-CPF” tab) •30-PIF tab •Enter the criteria scores for each of the PIF capital requests listed •Please enter your name in Cell C1 of the “30-PIF” tab; carries forward to the “PIF and CPF Requests” and the “31-CPF” tabs •31-CPF tab •Enter the criteria scores for each of the CPF capital requests listedPa g e 1 1 0 o f 4 5 5 Pa g e 1 1 1 o f 4 5 5 Question for City Council Pa g e 1 1 2 o f 4 5 5 City Council: Reconciler or Approver? Regarding the capital project and program requests of the Public Improvement Fund (PIF) and the Capital Projects Fund (CPF), would City Council prefer to be … YES NO 1.A reconciler and provide their own prioritized capital requests list developed with the ranking input from the department and their respective Boards, Commissions and Committee, Capital Review Committee, Planning and Zoning Commission and Budget Advisory Committee? 2.An approver of the staff recommended prioritized capital requests list as developed with the ranking input from the department and their respective Boards, Commissions and Committee, Capital Review Committee, Planning and Zoning Commission and Budget Advisory Committee?Pa g e 1 1 3 o f 4 5 5 Appendix •2025 Water, Sewer, South Platte Renew and Stormwater CIP (reviewed April 15, 2024) Pa g e 1 1 4 o f 4 5 5 2025 Water, Sewer and Stormwater CIP Presented By: Englewood Utilities and South Platte Renew Director, Pieter Van Ry Englewood Public Works Director, Victor Rachael Presented on April 15, 2024Pa g e 1 1 5 o f 4 5 5 2025–2029 Tier 1 Capital Projects Water Fund (40) WIFIA=Water Infrastructure Finance and Innovation Act Continued next page Pa g e 1 1 6 o f 4 5 5 WIFIA=Water Infrastructure Finance and Innovation Act Continued next page 2025–2029 Tier 1 Capital Projects Water Fund (40) Pa g e 1 1 7 o f 4 5 5 2025–2029 Tier 1 Capital Projects Water Fund (40) WIFIA=Water Infrastructure Finance and Innovation Act Continued next page Pa g e 1 1 8 o f 4 5 5 2025–2029 Tier 1 Capital Projects Sewer Fund (41) WIFIA=Water Infrastructure Finance and Innovation Act Continued from previous page Pa g e 1 1 9 o f 4 5 5 Pa g e 1 2 0 o f 4 5 5 2025–2029 Tier 1 Capital ProjectsSouth Platte Renew Fund (90) WIFIA Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals WIFIA Sidestream Nitrogen Removal $ 1,000,000 $ 5,000,000 $ 3,000,000 $ - $ - $ 9,000,000 Centrate Other Improvements $ - $ - $ - $ - $ - $ - WIFIA DAFT Asset Renewal (near-term) $ - $ 342,000 $ 1,166,000 $ 6,862,000 $ - $ 8,370,000 WIFIA Denite Asset Renewal (Methanol System) $ 500,000 $ 3,000,000 $ - $ - $ - $ 3,500,000 WIFIA Dewatering Asset Renewal (near-term) $ 100,000 $ 1,000,000 $ - $ - $ - $ 1,100,000 WIFIA EI&C - VFD & MCC Replacement Projects $ 3,200,000 $ 1,000,000 $ 250,000 $ 250,000 $ 2,000,000 $ 6,700,000 WIFIA Headworks Improvements (near-term) $ 5,000,000 $ - $ - $ - $ - $ 5,000,000 WIFIA NTF Asset Renewal $ - $ - $ - $ - $ - $ - WIFIA O&M Complex $ - $ - $ - $ - $ - $ - Operating Machinery & Equipment 90 2021 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 1,000,000 Operational Improvements - 90 2022 001 $ 1,000,000 $ 500,000 $ 500,000 $ 500,000 $ 500,000 $ 3,000,000 SCT Asset Renewal (long-term) $ - $ - $ 1,000,000 $ 3,459,000 $ 3,459,000 $ 7,918,000 WIFIA Primary Clarifiers Facility Rehab and Replacement $ - $ - $ - $ - $ - $ - Subtotals SPR Slide 1 $ 11,000,000 $ 11,042,000 $ 6,116,000 $ 11,271,000 $ 6,159,000 $ 45,588,000 WIFIA=Water Infrastructure Finance and Innovation Act Continues on next page Pa g e 1 2 1 o f 4 5 5 2025–2029 Tier 1 Capital ProjectsSouth Platte Renew Fund (90) WIFIA Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals WIFIA Solids Enhancement Project (near- term) 850,000$ -$ -$ -$ -$ 850,000$ SPR Computer Hardware/Software 75,000$ 75,000$ 75,000$ 75,000$ 75,000$ 375,000$ SPR Vehicles 125,000$ 200,000$ 100,000$ 100,000$ 100,000$ 625,000$ WIFIA Study/Pilot Test Program 2,300,000$ 300,000$ 300,000$ 300,000$ 3,200,000$ WIFIA Trickle Filter Rehab and Replacement (near-term) -$ -$ -$ -$ -$ Yard Piping Replacements - Site Improvements -$ -$ -$ -$ -$ E/I&C - Transformer and Switchgear Replacements -$ -$ -$ 1,128,000$ 3,000,000$ 4,128,000$ WIFIA Digester Asset Renewal (near-term)-$ 500,000$ 7,000,000$ 2,000,000$ -$ 9,500,000$ EI&C Asset Renewal (ControlNet, PMM, E300, VFD) 1,000,000$ 1,000,000$ 300,000$ 300,000$ -$ 2,600,000$ Temperature (Cooling Towers)-$ 250,000$ 1,314,000$ 1,314,000$ 3,944,000$ 6,822,000$ Subtotals SPR Slide 2 4,350,000$ 2,325,000$ 9,089,000$ 5,217,000$ 7,119,000$ 28,100,000$ Subtotals SPR Slide 1 11,000,000$ 11,042,000$ 6,116,000$ 11,271,000$ 6,159,000$ 45,588,000$ Grand Totals 15,350,000$ 13,367,000$ 15,205,000$ 16,488,000$ 13,278,000$ 73,688,000$ WIFIA=Water Infrastructure Finance and Innovation Act Continues from previous page Pa g e 1 2 2 o f 4 5 5 2025–2029 Tier 1 Capital ProjectsSouth Platte Renew Fund (90) WIFIA Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals WIFIA Sidestream Nitrogen Removal $ 1,000,000 $ 5,000,000 $ 3,000,000 $ - $ - $ 9,000,000 Centrate Other Improvements $ - $ - $ - $ - $ - $ - WIFIA DAFT Asset Renewal (near-term) $ - $ 342,000 $ 1,166,000 $ 6,862,000 $ - $ 8,370,000 WIFIA Denite Asset Renewal (Methanol System) $ 500,000 $ 3,000,000 $ - $ - $ - $ 3,500,000 WIFIA Dewatering Asset Renewal (near-term) $ 100,000 $ 1,000,000 $ - $ - $ - $ 1,100,000 WIFIA EI&C - VFD & MCC Replacement Projects $ 3,200,000 $ 1,000,000 $ 250,000 $ 250,000 $ 2,000,000 $ 6,700,000 WIFIA Headworks Improvements (near-term) $ 5,000,000 $ - $ - $ - $ - $ 5,000,000 WIFIA NTF Asset Renewal $ - $ - $ - $ - $ - $ - WIFIA O&M Complex $ - $ - $ - $ - $ - $ - Operating Machinery & Equipment 90 2021 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 1,000,000 Operational Improvements - 90 2022 001 $ 1,000,000 $ 500,000 $ 500,000 $ 500,000 $ 500,000 $ 3,000,000 SCT Asset Renewal (long-term) $ - $ - $ 1,000,000 $ 3,459,000 $ 3,459,000 $ 7,918,000 WIFIA Primary Clarifiers Facility Rehab and Replacement $ - $ - $ - $ - $ - $ - Subtotals SPR Slide 1 $ 11,000,000 $ 11,042,000 $ 6,116,000 $ 11,271,000 $ 6,159,000 $ 45,588,000 WIFIA=Water Infrastructure Finance and Innovation Act Continues on next page Pa g e 1 2 3 o f 4 5 5 2025–2029 Tier 1 Capital ProjectsSouth Platte Renew Fund (90) WIFIA Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5-Years Totals WIFIA Solids Enhancement Project (near- term) 850,000$ -$ -$ -$ -$ 850,000$ SPR Computer Hardware/Software 75,000$ 75,000$ 75,000$ 75,000$ 75,000$ 375,000$ SPR Vehicles 125,000$ 200,000$ 100,000$ 100,000$ 100,000$ 625,000$ WIFIA Study/Pilot Test Program 2,300,000$ 300,000$ 300,000$ 300,000$ 3,200,000$ WIFIA Trickle Filter Rehab and Replacement (near-term) -$ -$ -$ -$ -$ Yard Piping Replacements - Site Improvements -$ -$ -$ -$ -$ E/I&C - Transformer and Switchgear Replacements -$ -$ -$ 1,128,000$ 3,000,000$ 4,128,000$ WIFIA Digester Asset Renewal (near-term)-$ 500,000$ 7,000,000$ 2,000,000$ -$ 9,500,000$ EI&C Asset Renewal (ControlNet, PMM, E300, VFD) 1,000,000$ 1,000,000$ 300,000$ 300,000$ -$ 2,600,000$ Temperature (Cooling Towers)-$ 250,000$ 1,314,000$ 1,314,000$ 3,944,000$ 6,822,000$ Subtotals SPR Slide 2 4,350,000$ 2,325,000$ 9,089,000$ 5,217,000$ 7,119,000$ 28,100,000$ Subtotals SPR Slide 1 11,000,000$ 11,042,000$ 6,116,000$ 11,271,000$ 6,159,000$ 45,588,000$ Grand Totals 15,350,000$ 13,367,000$ 15,205,000$ 16,488,000$ 13,278,000$ 73,688,000$ WIFIA=Water Infrastructure Finance and Innovation Act Continues from previous page Pa g e 1 2 4 o f 4 5 5 2025–2029 Capital ProjectsStormwater Drainage Fund(42) Pa g e 1 2 5 o f 4 5 5 2025–2029 Tier 1 Capital ProjectsStormwater Drainage Fund(42) Main Source of Funds Stormwater Drainage Utility Fees and proceeds from Revenue Bond Issue and WPCRF loan that are repaid through Stormwater Drainage Utility Fees Priority Project Name Request 2025 Request 2026 Request 2027 Request 2028 Request 2029 5- Year Totals Tier 1 Hospital Project -Old Hampden Utilities Improvement $500,000 $-$-$-$-$500,000 Tier 1 South Englewood Stormwater Improvements $2,000,000 $-$-$-$-$2,000,000 Tier 1 Repair/Rehabilitate Existing Storm Sewer $450,000 $400,000 $400,000 $400,000 $400,000 $2,050,000 Tier 1 Dry Gulch/Harvard Gulch Master Drainageway Plan 50/50 IGA MHFD $375,000 $600,000 $-$-$-$975,000 Tier 1 South Englewood Drainageway Plan 50/50 IGA MHFD $400,000 $-$-$-$-$400,000 Tier 1 Small Area Drainage Improvements $250,000 $250,000 $250,000 $300,000 $300,000 $1,350,000 Totals $3,975,000 $1,250,000 $650,000 $700,000 $700,000 $7,275,000Pa g e 1 2 6 o f 4 5 5 City of Englewood, Colorado DRAFT 2025 Preliminary Capital Improvement Plan Pa g e 1 2 7 o f 4 5 5 Pa g e 1 2 8 o f 4 5 5 City of Englewood, Colorado DRAFT 2025 Preliminary Capital Improvement Plan Presented to Honorable Mayor, Council Members, Board and Commission Members, Citizens, Employees and Other Stakeholders of the City of Englewood Prepared by City Council City Manager's Office City Attorney’s Office City Clerk's Office Englewood Municipal Court Finance Department Information Technology Department Community Development Department Public Works Department Police Department Parks, Recreation, Library and Golf Department Utilities Department Communications Department www.englewoodco.gov/budget Pa g e 1 2 9 o f 4 5 5 Pa g e 1 3 0 o f 4 5 5 Table of Contents Capital Improvement Plan (CIP) Introduction..............................................................................................................................................3 5-Year Summaries CIP by Fund Type.................................................................................................................................7 CIP by Department..............................................................................................................................8 CIP Tier 1 Project List...........................................................................................................................9 CIP Detail by Tiers..............................................................................................................................12 Special Revenue Funds Conservation Trust Fund...................................................................................................................17 Open Space Fund...............................................................................................................................29 Capital Project Funds Public Improvement Fund.................................................................................................................43 Capital Projects Fund.........................................................................................................................85 Enterprise Funds Water Fund......................................................................................................................................104 Sewer Fund......................................................................................................................................126 Stormwater Drainage Fund.............................................................................................................132 Golf Course Fund.............................................................................................................................139 Concrete Utility Fund......................................................................................................................147 Internal Service Funds Servicenter Fund...........................................................................................................................150 Capital Equipment Replacement Fund..........................................................................................152 City of Englewood, Colorado 1 DRAFT PRELIMINARY CIP 2025 Pa g e 1 3 1 o f 4 5 5 Multi-Year (5 Years) Capital Improvement Plan (CIP) Capital Improvement Plan (CIP) identifies present and future needs requiring capital vehicles, equipment and infrastructure. This type of plan operates for a shorter duration often three-to-five years, as compared to Master Plans which identify jurisdictional needs ten to twenty-five years into the future. The CIP lists capital purchases, projects and capital programs planned for the community with corresponding revenues and financing sources. Paying attention to financial factors during the development of a master plan allows for a smoother transition of long-range plans to implementation and lessens the impact on the CIP and future operating budgets. City of Englewood, Colorado 2 DRAFT PRELIMINARY CIP 2025 Pa g e 1 3 2 o f 4 5 5 INTRODUCTION The City of Englewood’s Multi-Year (5-Year) Capital Improvement Plan (MYCIP) identifies and provides a summary and an itemized list of planned capital purchases, projects or programs (ongoing projects; for example, Pavement Maintenance Program encompasses several different capital projects pertaining to each street to be repaved) for the ensuing five-year period. The amounts listed in 2023 are the items to be considered for appropriation in the MYCIP. The “out” years are informational and are subject to change, approval and appropriation for the specified year. The 2023 preliminary CIP budget includes approximately $66.5 million in capital project requests (all funds). In order to be included in the CIP, a project or program must meet the following criteria: •Total costs of the project or the acquisition are expected to meet or exceed $10,000. •The resulting project or acquisition will have a useful life of more than one year. •The project or program will result in the creation of a new asset or significantly extend the useful life, value, and/or operational capacity of an existing asset. Capital improvement projects and/or programs are funded through a variety of sources including the use of designated revenues, debt financing, grant awards, intergovernmental agreement proceeds and surplus operating revenues. All available current and estimated future resources are considered when identifying planned capital improvements. Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation Outcomes Total 4%8%5%11%28%22%16%6%100% CAPITAL PROJECT/PROGRAM SUPPORT OF ENGLEWOOD OUTCOMES All Projects Across All Funds City of Englewood, Colorado 3 DRAFT PRELIMINARY CIP 2025 Pa g e 1 3 3 o f 4 5 5 CAPITAL IMPROVEMENT PLAN (CIP) STRATEGIES The current 5-Year capital projects/program requests align investments with the above citywide vision results described in the Comprehensive Plan, as well as other identified priorities. Based on the department director input, the current combined capital projects requests align to the vision results as follows: 8% - Community Wellbeing 11% - Governance 16% - Sustainability 4% - Community Engagement 22% - Safety 28% - Infrastructure 5% - Economy 6% - Transportation Other capital improvement program strategies include: •Enhancing tracking, monitoring and reporting of the city asset condition and performance to strategically inform capital maintenance budget programming to reduce the City’s capital maintenance backlog and prolong the life of our existing infrastructure. •Reinforcing financial policies and priorities for use of “one-time” General Fund revenue. •Evaluating strategies for project delivery and procurement to ensure the timely completion of capital projects with the goal of avoiding unanticipated construction market escalations and costly delays. •Improving citywide capital project status reporting to increase understanding and enhance reporting of the City's completed capital projects in progress. PROJECT PRIORITIZATION CAPITAL PROJECT/PROGRAM SUPPORT OF ENGLEWOOD OUTCOMES Tier 1 Projects Across All Funds Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation Outcomes Total 4%9%4%11%26%21%21%3%100% There continues to be limited funding available for capital projects. Department directors prioritize their capital requests by Tiers: Tier 1 - Urgent Priority, Tier 2 - High Priority, Tier 3 Medium Priority and Tier 4 Low Priority. The Tier 1 capital project funds (Public Improvement Fund and Capital Projects Fund) requests of approximately $15.2 million exceeds the available estimated funds of $4 million. Capital funding is considered based on its impact to public safety and the delivery of the capital project/programs and services to the citizens. The higher the score determines whether the capital project/program will be considered for immediate funding, funded within the next five years or deferred beyond five years. _____________________________ City of Englewood, Colorado 4 DRAFT PRELIMINARY CIP 2025 Pa g e 1 3 4 o f 4 5 5 OPERATIONAL & MAINTENANCE FINANCIAL IMPACTS Costs related to a capital project that might have an impact on current and/or future operating budgets include additional staff, maintenance, or contractual services. The City assesses the expected operational impact of each capital improvement project. Such assessments are established via the following key and are included in the individual project details provided in this document. •Positive – The project will either generate some revenue to offset expenses or actually reduce continued operating costs. •Minor – The impact on operating expenditures is considered immaterial. It will generate less than $5,000 annually in increased operating expenditures. Ongoing operations and maintenance can be managed with existing resources. •Low – The impact on operating expenditures will fall between $5,001 and $20,000 annually. Additional overtime, seasonal staff, purchased services, and/or equipment upgrades may be required to operate and maintain the capital assets once completed. •Moderate – The impact on operating expenditures will fall between $20,001 and $50,000 annually. An additional staff member and/or a piece of equipment may be required to operate and maintain the resulting capital asset. •High – The impact on operating expenditures will exceed $50,000 annually. Additional staff, large equipment, and/or purchased services may be required to operate and maintain the resulting capital asset. The costs, requested for each capital project or program, identify the corresponding available funding sources. Also provided is a list of unfunded projects, due to the limited funding available. The following pages provide a summary of the capital improvement plan, a listing of capital projects, and lastly, individual project worksheets. The project worksheets describe the project and identify all costs associated with the project including any anticipated ongoing operating costs. ______________________________ CIP DOCUMENT LAYOUT The remainder of this document is organized as follows: 1) summarized listing of capital requests by Fund Type, Department and Unfunded requests -- these requests may require alternative funding options such as a voter approved dedicated tax source (sales or property) or voter approved general obligation bond issue that is repaid with a property tax mill levy, 2) detailed capital requests listing sorted by fund and Tier rating (Tier 1 - High Priority, Tier 2 - Medium Priority and Tier 3 - Low Priority), and 3) last section is the capital requests by fund, the summarized capital requests listing is followed by detail capital project/program sheets providing the project/program description, justification, one-time and ongoing costs and other project related information. _____________________________ City of Englewood, Colorado 5 DRAFT PRELIMINARY CIP 2025 Pa g e 1 3 5 o f 4 5 5 CIP DEPARTMENT AND FUND KEY Department Name Dept Name Abbreviated Fund Name Fund Abbreviated City Manager's Office CMO 03-Conservation Trust Fund CTF City Clerk's Office CCO 10-Open Space Fund OSF Municipal Court MC 30-Public Improvement Fund PIF Human Resources HR 31-Capital Projects Fund CPF Finance FIN 40-Water Fund WF Information Technology IT 41-Sewer Fund SF Community Development CD 42-Stormwater Drainage Fund SDF Public Works PW 43-Golf Course Fund GCF Police POL 44-Concrete Utility Fund CUF Parks, Recreation, Library and Golf PRLG 61-Servicenter Fund SCF Utilities UTIL 62-Capital Equipment Replacement Fund CERF Communications COM City of Englewood, Colorado 6 DRAFT PRELIMINARY CIP 2025 Pa g e 1 3 6 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule By Fund Type GOVERNMENTAL FUND TYPES Conservation Trust Fund 593,047 636,116 579,517 488,923 406,489 2,704,092 Open Space Fund 1,255,200 1,237,325 1,237,325 1,167,325 1,381,000 6,278,175 Public Improvement Fund 5,725,000 9,445,000 34,350,000 30,805,000 7,478,000 87,803,000 Capital Projects Fund 9,431,685 3,050,700 2,334,600 2,339,000 2,104,000 19,259,985 Governmental Fund Types Total 17,004,932 14,369,141 38,501,442 34,800,248 11,369,489 116,045,252 PROPRIETARY FUND TYPES Water Fund 32,764,646 27,402,830 8,531,900 7,983,880 7,093,240 83,776,496 Sewer Fund 9,856,442 7,163,500 8,082,500 8,724,000 7,069,000 40,895,442 Storm Water Drainage Fund 3,975,000 1,250,000 650,000 700,000 700,000 7,275,000 Golf Course Fund 413,244 419,244 445,244 476,244 340,000 2,093,976 Concrete Utility Fund 1,000,000 1,025,000 1,050,000 1,050,000 — 4,125,000 ServiCenter Fund 357,500 500,000 — — — 857,500 Capital Equipment Replacement Fund 1,159,540 2,352,251 1,621,050 426,402 — 5,559,243 Proprietary Fund Types Total 49,526,372 40,112,825 20,380,694 19,360,526 15,202,240 144,582,657 Total - All Funds 66,531,304 54,481,966 58,882,136 54,160,774 26,571,729 260,627,909 Request Request Request Request Request 5-Year Funds 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 7 DRAFT PRELIMINARY CIP 2025 Pa g e 1 3 7 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule By Department Request Request Request Request Request 5-Year Departments 2025 2026 2027 2028 2029 Totals Communications 230,000 100,000 100,000 100,000 — 530,000 Information Technology 2,005,000 1,655,000 1,455,000 1,475,000 1,865,000 8,455,000 Parks, Recreation, Library and Golf 2,869,676 2,698,385 2,666,686 2,441,492 2,286,489 12,962,728 Public Works 18,805,540 15,462,251 38,046,050 33,436,402 8,258,000 114,008,243 Utilities 42,621,088 34,566,330 16,614,400 16,707,880 14,162,240 124,671,938 Total Estimated Costs of Project Requests 66,531,304 54,481,966 58,882,136 54,160,774 26,571,729 260,627,909 Unfunded Projects — — — — — — Net Project Funding 66,531,304 54,481,966 58,882,136 54,160,774 26,571,729 260,627,909 City of Englewood, Colorado 8 DRAFT PRELIMINARY CIP 2025 Pa g e 1 3 8 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Tier 1 Priority Project Requests 21 Tier 1 PRLG CTF PCove Maintenance - 03 1300 009 70000 $ 66,150 $ 69,458 $ 72,930 $ 70,000 $ 348,538 29 Tier 1 PRLG OSF Grant Matching Funds - 10 1300 998 400000 $ 350,000 $ 350,000 $ 350,000 $ 400,000 $ 1,850,000 38 Tier 1 PRLG OSF Irrigation System Replacement - 10 1300 008 50000 $ 50,000 $ 100,000 $ 100,000 $ 100,000 $ 400,000 40 Tier 1 PRLG OSF Park Planning Design and Project Management - 10 1300 106 $ 50,000 $ — $ — $ — $ 50,000 $ 100,000 33 Tier 1 PRLG OSF Parks Flower Bed Program - 10 1300 003 $ 41,000 $ 41,000 $ 41,000 $ 41,000 $ 41,000 $ 205,000 35 Tier 1 PRLG OSF Parks Maintenance Employee Compensation - 10 1300 009 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 1,000,000 37 Tier 1 PRLG OSF Tree Replacement - 10 1300 002 $ 44,200 $ 45,000 $ 45,000 $ — $ 45,000 $ 179,200 46 Tier 1 COM PIF Public Art - Wraps and Crosswalks 30 1801 008 $ 100,000 $ — $ — $ — $ — $ 100,000 45 Tier 1 COM PIF Wayfinding and Placemaking - 30 1801 001 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ — $ 400,000 47 Tier 1 PRLG PIF Parks & Rec Parking Lot Maint - 30 1301 006 $ 80,000 $ 80,000 $ 85,000 $ 90,000 $ 90,000 $ 425,000 53 Tier 1 PW PIF Alley Maintenance - 30 2022 009 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 500,000 81 Tier 1 PW PIF Bridge Repairs - 30 1001 002 $ 500,000 $ 500,000 $ 250,000 $ 250,000 $ 250,000 $ 1,750,000 55 Tier 1 PW PIF City-Wide Transportation Plan - 30 2022 012 $ 250,000 $ — $ — $ — $ — $ 250,000 67 Tier 1 PW PIF Concrete Program Accessible Ramps - 30 1002 001 $ 350,000 $ 350,000 $ 350,000 $ 350,000 $ 350,000 $ 1,750,000 66 Tier 1 PW PIF Concrete Utility City Share - 30 1001 008 $ 350,000 $ 350,000 $ 350,000 $ 350,000 $ 350,000 $ 1,750,000 78 Tier 1 PW PIF Implementation of Neighborhood Traffic Calming Program & Safe Routes to School initiatives - 30 2022 033 $ 250,000 $ 250,000 $ 250,000 $ 250,000 $ 250,000 $ 1,250,000 82 Tier 1 PW PIF Neighborhood Traffic Calming Program - 30 2022 032 $ 100,000 $ — $ — $ — $ — $ 100,000 57 Tier 1 PW PIF Pavement Maintenance by Area - 30 2022 014 $ 500,000 $ 750,000 $ 1,000,000 $ 1,000,000 $ 1,000,000 $ 4,250,000 77 Tier 1 PW PIF Road & Bridge - 30 1001 001 $ 350,000 $ 350,000 $ 350,000 $ 350,000 $ 350,000 $ 1,750,000 73 Tier 1 PW PIF Signal Equipment Upgrade/Replacement - 30 1001 013 $ 300,000 $ 300,000 $ 400,000 $ 400,000 $ 400,000 $ 1,800,000 60 Tier 1 PW PIF Street Reconstruction - 30 2022 040 $ 500,000 $ 500,000 $ 500,000 $ 500,000 $ 500,000 $ 2,500,000 62 Tier 1 PW PIF Walk & Wheel Plan Implementation - 30 1001 010 $ 245,000 $ 390,000 $ 465,000 $ 565,000 $ 538,000 $ 2,203,000 86 Tier 1 COM CPF Neighborhood Signs - 31 1801 001 $ 30,000 $ — $ — $ — $ — $ 30,000 96 Tier 1 IT CPF Audio Visual Upgrades IT - 31 0701 012 $ 30,000 $ 30,000 $ 30,000 $ 50,000 $ 50,000 $ 190,000 92 Tier 1 IT CPF Network Development IT - 31 0701 001 $ 325,000 $ 350,000 $ 150,000 $ 150,000 $ 540,000 $ 1,515,000 95 Tier 1 IT CPF Patrol Cars MDTs and Other IT Equipment - 31 0701-014 $ 375,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 775,000 91 Tier 1 IT CPF PC Replacement IT - 31 0701 007 $ 125,000 $ 125,000 $ 125,000 $ 125,000 $ 125,000 $ 625,000 93 Tier 1 IT CPF Security Cameras IT - 31 0701 008 $ 150,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 350,000 87 Tier 1 PRLG CPF Art in Public Places 1% Recreation - 31 1301 001 $ 48,185 $ 25,700 $ 19,600 $ 19,000 $ 19,000 $ 131,485 88 Tier 1 PRLG CPF Emerald Ash Borer Mitigation - 31 1301 003 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 250,000 Request Request Request Request Request 5-Year Page Priority Dept Fund Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 9 DRAFT PRELIMINARY CIP 2025 Pa g e 1 3 9 o f 4 5 5 90 Tier 1 PRLG CPF Library Furniture - 31 1301 006 $ 50,000 $ — $ — $ — $ — $ 50,000 89 Tier 1 PRLG CPF Library Single-Exit Feasibility Study & Construction 31 1301 004 $ 130,000 $ — $ — $ — $ — $ 130,000 99 Tier 1 PW CPF ADA Compliance Projects - 31 2022 020 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 750,000 85 Tier 1 PW CPF City-Wide Facilities Energy Efficient Projects - 31 0202 001 $ 3,850,000 $ — $ — $ — $ — $ 3,850,000 97 Tier 1 PW CPF Civic Center 2nd Floor Carpet Replacements - 31 2022 015 $ 100,000 $ — $ — $ — $ — $ 100,000 98 Tier 1 PW CPF Facilities and Operations - 31 1005 001 $ 2,058,500 $ 835,000 $ 325,000 $ 325,000 $ — $ 3,543,500 100 Tier 1 PW CPF Security Civic Center and Rec Center - 31 1005 009 $ 20,000 $ 20,000 $ 20,000 $ 20,000 $ 20,000 $ 100,000 108 Tier 1 UTIL WF Allen WTP EI&C Improvements (WIFIA) 40 30005-003 $ 430,020 $ 430,020 $ 430,020 $ 517,000 $ — $ 1,807,060 106 Tier 1 UTIL WF Allen WTP Space Improvements Phase II – Construction (WIFIA) 40 30011-003 $ 2,169,300 $ — $ — $ — $ — $ 2,169,300 104 Tier 1 UTIL WF AWTP PLC Upgrades - 40 30005-004 (WIFIA)$ 635,000 $ 635,000 $ 635,000 $ — $ — $ 1,905,000 106 Tier 1 UTIL WF AWTP Stucco & Painting - 40 30006-004 (WIFIA)$ 250,000 $ — $ — $ — $ — $ 250,000 118 Tier 1 UTIL WF City Ditch Piping Project (Cash) 40 30001-002 $ 6,700,320 $ 3,916,720 $ — $ — $ — $ 10,617,040 114 Tier 1 UTIL WF Denver Water Emergency Interconnect (WIFIA) 40 30025-002 $ 620,400 $ — $ — $ — $ — $ 620,400 109 Tier 1 UTIL WF Finished Water Pump Station Construction - 40 30005-005 (WIFIA)$ 1,000,000 $ — $ — $ — $ — $ 1,000,000 124 Tier 1 UTIL WF Lead Reduction Program Manager (WIFIA/ARPA) 40 30017-002 $ 1,330,000 $ 1,330,000 $ — $ — $ — $ 2,660,000 111 Tier 1 UTIL WF Lead Reduction SRF 40 30023-003 $ 12,023,500 $ 15,403,500 $ — $ — $ — $ 27,427,000 117 Tier 1 UTIL WF Meadow Creek Improvements Design (Denver Water) - 40 30001-003 (Cash)$ 36,000 $ — $ — $ — $ — $ 36,000 122 Tier 1 UTIL WF Old Hampden Improvements (Cash) 40 30010-003 $ 2,000,000 $ 100,000 $ — $ — $ — $ 2,100,000 120 Tier 1 UTIL WF Pump Station Improvements (Program) (WIFIA) 40 30003-003 $ 1,116,720 $ 2,233,440 $ 2,233,440 $ 2,233,440 $ 2,233,440 $ 10,050,480 107 Tier 1 UTIL WF ServiCenter Space Improvements – Construction (WIFIA) 40 30024-003 $ 1,203,300 $ — $ — $ — $ — $ 1,203,300 119 Tier 1 UTIL WF Solids Handling Improvement Construction - 40 30016-004 (WIFIA)$ 2,000,000 $ — $ — $ — $ — $ 2,000,000 115 Tier 1 UTIL WF Water Meter Improvements (WIFIA) 40 30008-003 $ 1,250,086 $ — $ — $ — $ — $ 1,250,086 130 Tier 1 UTIL SF Allen WTP Space Improvements Phase II – Construction (Cash) 41 30004-003 $ 929,700 $ — $ — $ — $ — $ 929,700 128 Tier 1 UTIL SF ServiCenter Space Improvements – Construction (Cash) 41 30006-003 $ 515,700 $ — $ — $ — $ — $ 515,700 126 Tier 1 UTIL SF Sewer Pipe and Manhole Rehab (Cash) 41 30001-003 $ 480,000 $ 480,000 $ 480,000 $ 480,000 $ 430,000 $ 2,350,000 127 Tier 1 UTIL SF SPR CIP Budget (50/50) (WIFIA/Cash) 41 30002-002 $ 7,675,000 $ 6,683,500 $ 7,602,500 $ 8,244,000 $ 6,639,000 $ 36,844,000 129 Tier 1 UTIL SF Water Meter Improvements (WIFIA) - 41 30008-003 $ 256,042 $ — $ — $ — $ — $ 256,042 136 Tier 1 PW SDF Dry Gulch/Harvard Gulch Master Drainageway Plan IGA - 42 2021 2101 001 $ 375,000 $ 600,000 $ — $ — $ — $ 975,000 Request Request Request Request Request 5-Year Page Priority Dept Fund Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 10 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 0 o f 4 5 5 132 Tier 1 PW SDF Hospital Project Old Hampden Avenue, Lincoln to Clarkson - 42 2021 004 $ 500,000 $ — $ — $ — $ — $ 500,000 135 Tier 1 PW SDF Repair/rehabilitate existing storm sewer - 42 2021 007 $ 450,000 $ 400,000 $ 400,000 $ 400,000 $ 400,000 $ 2,050,000 137 Tier 1 PW SDF South Englewood Drainageway Plan 50/50 IGA MHFD-42 2023-0302 $ 400,000 $ — $ — $ — $ — $ 400,000 133 Tier 1 PW SDF South Englewood Stormwater Improvements - 42 2020 2201 $ 2,000,000 $ — $ — $ — $ — $ 2,000,000 141 Tier 1 PRLG GCF Asphalt-43 1307 002 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 50,000 $ 250,000 140 Tier 1 PRLG GCF Golf Carts - 43 2021 005 $ 44,244 $ 44,244 $ 44,244 $ 44,244 $ — $ 176,976 140 Tier 1 PRLG GCF Golf Course Operating Equipment - 43 2022 003 $ 150,000 $ 150,000 $ 170,000 $ 200,000 $ 150,000 $ 820,000 147 Tier 1 PW CUF Curb and Gutter Repair - 44 2021 002 $ 200,000 $ 200,000 $ 225,000 $ 225,000 $ — $ 850,000 148 Tier 1 PW CUF Sidewalk Repair by Area - 44 2021 001 $ 800,000 $ 825,000 $ 825,000 $ 825,000 $ — $ 3,275,000 150 Tier 1 PW SCF ServiCenter Building Upgrades - 61 2021 004 $ 357,500 $ 500,000 $ — $ — $ — $ 857,500 152 Tier 1 PW CERF Fleet CERF - 62 2021 001 $ 1,159,540 $ 2,352,251 $ 1,621,050 $ 426,402 $ — $ 5,559,243 GRAND TOTALS 61,529,257 42,841,525 20,741,312 19,753,016 16,090,440 160,955,550 Request Request Request Request Request 5-Year Page Priority Dept Fund Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 11 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 1 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Detail Priority Project Requests (Priority: Tier 1, Tier 2, or Tier 3) Tier 1 PRLG CTF PCove Maintenance - 03 1300 009 70,000 66,150 69,458 72,930 70,000 348,538 Tier 2 PRLG CTF CTF Contingency - 03 1300 999 92,241 95,008 99,708 100,000 50,000 436,957 Tier 2 PRLG CTF ERC Improvements - 03 1300 108 59,703 61,494 148,294 40,000 40,000 349,491 Tier 2 PRLG CTF ERC Maintenance - 03 1300 003 80,000 100,000 40,000 50,000 30,000 300,000 Tier 2 PRLG CTF Fitness Equipment Replacement - 03 1300 001 59,703 61,494 63,339 63,339 66,489 314,364 Tier 2 PRLG CTF Malley Center Improvements - 03 1300 107 10,000 30,000 10,000 10,000 10,000 70,000 Tier 2 PRLG CTF PCove Expansion - 03 1300 010 60,000 57,000 — — — 117,000 Tier 2 PRLG CTF PCove Furniture Fixtures & Equipment-03 1300 008 71,400 74,970 78,718 82,654 70,000 377,742 Tier 3 PRLG CTF Belleview Farm - 03 1300 012 5,000 5,000 5,000 5,000 5,000 25,000 Tier 3 PRLG CTF Belleview Train - 03 1300 011 40,000 40,000 20,000 20,000 20,000 140,000 Tier 3 PRLG CTF Park Improvements - 03 1300 015 45,000 45,000 45,000 45,000 45,000 225,000 Tier 1 PRLG OSF Grant Matching Funds - 10 1300 998 400,000 350,000 350,000 350,000 400,000 1,850,000 Tier 1 PRLG OSF Irrigation System Replacement - 10 1300 008 50,000 50,000 100,000 100,000 100,000 400,000 Tier 1 PRLG OSF Park Planning Design and Project Management - 10 1300 106 50,000 — — — 50,000 100,000 Tier 1 PRLG OSF Parks Flower Bed Program - 10 1300 003 41,000 41,000 41,000 41,000 41,000 205,000 Tier 1 PRLG OSF Parks Maintenance Employee Compensation - 10 1300 009 200,000 200,000 200,000 200,000 200,000 1,000,000 Tier 1 PRLG OSF Tree Replacement - 10 1300 002 44,200 45,000 45,000 — 45,000 179,200 Tier 2 PRLG OSF Concrete Trail Replacement - 10 1300 102 100,000 100,000 100,000 100,000 100,000 500,000 Tier 2 PRLG OSF Parks Equipment - 10 1300 001 20,000 20,000 20,000 20,000 20,000 100,000 Tier 2 PRLG OSF Parks Landscape Improvements - 10 1300 005 50,000 100,000 100,000 100,000 50,000 400,000 Tier 2 PRLG OSF Parks Renovation Fund - 10 1300 997 50,000 100,000 100,000 100,000 100,000 450,000 Tier 2 PRLG OSF Tennis/Basketball Court Renovations - 10 1300 007 50,000 100,000 50,000 50,000 50,000 300,000 Tier 3 PRLG OSF Contingency - 10 1300 999 200,000 131,325 131,325 81,325 200,000 743,975 Tier 3 PRLG OSF Parks Rules Signage - 10 1300 004 — — — 25,000 25,000 50,000 Tier 1 COM PIF Public Art - Wraps and Crosswalks 30 1801 008 100,000 — — — — 100,000 Tier 1 COM PIF Wayfinding and Placemaking - 30 1801 001 100,000 100,000 100,000 100,000 — 400,000 Request Request Request Request Request 5-Year Priority Dept Fund Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 12 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 2 o f 4 5 5 Tier 1 PRLG PIF Parks & Rec Parking Lot Maint - 30 1301 006 80,000 80,000 85,000 90,000 90,000 425,000 Tier 1 PW PIF Alley Maintenance - 30 2022 009 100,000 100,000 100,000 100,000 100,000 500,000 Tier 1 PW PIF Bridge Repairs - 30 1001 002 500,000 500,000 250,000 250,000 250,000 1,750,000 Tier 1 PW PIF City-Wide Transportation Plan - 30 2022 012 250,000 — — — — 250,000 Tier 1 PW PIF Concrete Program Accessible Ramps - 30 1002 001 350,000 350,000 350,000 350,000 350,000 1,750,000 Tier 1 PW PIF Concrete Utility City Share - 30 1001 008 350,000 350,000 350,000 350,000 350,000 1,750,000 Tier 1 PW PIF Implementation of Neighborhood Traffic Calming Program & Safe Routes to School initiatives - 30 2022 033 250,000 250,000 250,000 250,000 250,000 1,250,000 Tier 1 PW PIF Neighborhood Traffic Calming Program - 30 2022 032 100,000 — — — — 100,000 Tier 1 PW PIF Pavement Maintenance by Area - 30 2022 014 500,000 750,000 1,000,000 1,000,000 1,000,000 4,250,000 Tier 1 PW PIF Road & Bridge - 30 1001 001 350,000 350,000 350,000 350,000 350,000 1,750,000 Tier 1 PW PIF Signal Equipment Upgrade/Replacement - 30 1001 013 300,000 300,000 400,000 400,000 400,000 1,800,000 Tier 1 PW PIF Street Reconstruction - 30 2022 040 500,000 500,000 500,000 500,000 500,000 2,500,000 Tier 1 PW PIF Walk & Wheel Plan Implementation - 30 1001 010 245,000 390,000 465,000 565,000 538,000 2,203,000 Tier 2 PRLG PIF Public Art Acquisition 30 1301 015 250,000 250,000 250,000 150,000 — 900,000 Tier 2 PW PIF Alley Paving - 30 2022 010 500,000 500,000 500,000 500,000 500,000 2,500,000 Tier 2 PW PIF Arterial and Collector Street Pavement Maintenance - 30 2022 038 500,000 500,000 1,000,000 1,000,000 1,000,000 4,000,000 Tier 2 PW PIF Sidewalk Gap Construction - 30 2022 026 350,000 350,000 400,000 450,000 450,000 2,000,000 Tier 3 PW PIF Arterial and Collector Streets Sidewalk Widening to 6 feet where necessary - 30 2022 041 — 300,000 300,000 300,000 300,000 1,200,000 Tier 3 PW PIF Belleview Ave, Fox St to Broadway - 30 2022 027 — 200,000 1,300,000 — — 1,500,000 Tier 3 PW PIF Broadway Mid-Block Crossing at Gothic - 30 2022 023 — 200,000 500,000 — — 700,000 Tier 3 PW PIF Broadway Reconstruction Evaluation - 30 2022 013 — — 100,000 — — 100,000 Tier 3 PW PIF Broadway Safety Improvements - 30 2022 035 — 75,000 300,000 — — 375,000 Tier 3 PW PIF Broadway, Yale to Hampden - 30 2022 018 — — 2,200,000 13,000,000 — 15,200,000 Tier 3 PW PIF CityCenter Englewood Station Platform Shelter - 30 2022 031 — — 200,000 — — 200,000 Tier 3 PW PIF CityCenter Englewood Station/S. Santa Fe Dr. Ped/Bike Bridge - 30 2022 001 — 300,000 5,000,000 — — 5,300,000 Tier 3 PW PIF Clarkson Bike Blvd, Hampden to Dartmouth - 30 2022 024 — 300,000 300,000 — — 600,000 Tier 3 PW PIF Dartmouth Rail Trail Bridge - 30 1001 014 — 500,000 4,500,000 — — 5,000,000 Tier 3 PW PIF Hampden Rail Trail Pedestrian Bridge - 30 2022 025 — 250,000 5,000,000 — — 5,250,000 Tier 3 PW PIF Logan, Tufts to Oxford - 30 2022 016 — — 2,800,000 — — 2,800,000 Request Request Request Request Request 5-Year Priority Dept Fund Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 13 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 3 o f 4 5 5 Tier 3 PW PIF Neighborhood Street Lighting by Area - 30 2022 021 — 150,000 200,000 200,000 200,000 750,000 Tier 3 PW PIF Rail Trail Segment 1 Bridge (Big Dry Creek - Oxford Station) - 30 2022 002 — — 500,000 2,000,000 — 2,500,000 Tier 3 PW PIF Rail Trail Segment 2 (Oxford Station - S. Platte River Trail) - 30 2022 004 — — 500,000 4,000,000 — 4,500,000 Tier 3 PW PIF Rail Trail Segment 3 (S. Platte River Trail - W. Bates Ave.) - 30 2022 005 — — 400,000 4,000,000 — 4,400,000 Tier 3 PW PIF Santa Fe PEL Bike-Ped Improvements - 30 2023 101 — 300,000 — — — 300,000 Tier 3 PW PIF Southwest Greenbelt Trail (S. Cherokee St. - S. Windermere St.) - 30 2022 006 — 350,000 3,000,000 — — 3,350,000 Tier 3 PW PIF Street Lights and Furniture repair/replacement - 30 2022 028 50,000 50,000 50,000 50,000 — 200,000 Tier 3 PW PIF Traffic Signal Replacement - 30 2022 044 — 750,000 750,000 750,000 750,000 3,000,000 Tier 3 PW PIF Transportation System Upgrade - 30 1001 003 — 100,000 100,000 100,000 100,000 400,000 Tier 1 COM CPF Neighborhood Signs - 31 1801 001 30,000 — — — — 30,000 Tier 1 IT CPF Audio Visual Upgrades IT - 31 0701 012 30,000 30,000 30,000 50,000 50,000 190,000 Tier 1 IT CPF Network Development IT - 31 0701 001 325,000 350,000 150,000 150,000 540,000 1,515,000 Tier 1 IT CPF Patrol Cars MDTs and Other IT Equipment - 31 0701-014 375,000 100,000 100,000 100,000 100,000 775,000 Tier 1 IT CPF PC Replacement IT - 31 0701 007 125,000 125,000 125,000 125,000 125,000 625,000 Tier 1 IT CPF Security Cameras IT - 31 0701 008 150,000 50,000 50,000 50,000 50,000 350,000 Tier 1 PRLG CPF Art in Public Places 1% Recreation - 31 1301 001 48,185 25,700 19,600 19,000 19,000 131,485 Tier 1 PRLG CPF Emerald Ash Borer Mitigation - 31 1301 003 50,000 50,000 50,000 50,000 50,000 250,000 Tier 1 PRLG CPF Library Furniture - 31 1301 006 50,000 — — — — 50,000 Tier 1 PRLG CPF Library Single-Exit Feasibility Study & Construction 31 1301 004 130,000 — — — — 130,000 Tier 1 PW CPF ADA Compliance Projects - 31 2022 020 150,000 150,000 150,000 150,000 150,000 750,000 Tier 1 PW CPF City-Wide Facilities Energy Efficient Projects - 31 0202 001 3,850,000 — — — — 3,850,000 Tier 1 PW CPF Civic Center 2nd Floor Carpet Replacements - 31 2022 015 100,000 — — — — 100,000 Tier 1 PW CPF Facilities and Operations - 31 1005 001 2,058,500 835,000 325,000 325,000 — 3,543,500 Tier 1 PW CPF Security Civic Center and Rec Center - 31 1005 009 20,000 20,000 20,000 20,000 20,000 100,000 Tier 2 PW CPF Facility Backup Generators 31 2023 002 925,000 300,000 300,000 300,000 — 1,825,000 Tier 3 IT CPF Fiber Network - 31 0701 019 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 Tier 3 PW CPF Annual Common Area Furniture Replacement - 31 2022 019 15,000 15,000 15,000 — — 45,000 Request Request Request Request Request 5-Year Priority Dept Fund Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 14 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 4 o f 4 5 5 Tier 1 UTIL WF Allen WTP EI&C Improvements (WIFIA) 40 30005-003 430,020 430,020 430,020 517,000 — 1,807,060 Tier 1 UTIL WF Allen WTP Space Improvements Phase II – Construction (WIFIA) 40 30011-003 2,169,300 — — — — 2,169,300 Tier 1 UTIL WF AWTP PLC Upgrades - 40 30005-004 (WIFIA) 635,000 635,000 635,000 — — 1,905,000 Tier 1 UTIL WF AWTP Stucco & Painting - 40 30006-004 (WIFIA) 250,000 — — — — 250,000 Tier 1 UTIL WF City Ditch Piping Project (Cash) 40 30001-002 6,700,320 3,916,720 — — — 10,617,040 Tier 1 UTIL WF Denver Water Emergency Interconnect (WIFIA) 40 30025-002 620,400 — — — — 620,400 Tier 1 UTIL WF Finished Water Pump Station Construction - 40 30005-005 (WIFIA) 1,000,000 — — — — 1,000,000 Tier 1 UTIL WF Lead Reduction Program Manager (WIFIA/ARPA) 40 30017-002 1,330,000 1,330,000 — — — 2,660,000 Tier 1 UTIL WF Lead Reduction SRF 40 30023-003 12,023,500 15,403,500 — — — 27,427,000 Tier 1 UTIL WF Meadow Creek Improvements Design (Denver Water) - 40 30001-003 (Cash) 36,000 — — — — 36,000 Tier 1 UTIL WF Old Hampden Improvements (Cash) 40 30010-003 2,000,000 100,000 — — — 2,100,000 Tier 1 UTIL WF Pump Station Improvements (Program) (WIFIA) 40 30003-003 1,116,720 2,233,440 2,233,440 2,233,440 2,233,440 10,050,480 Tier 1 UTIL WF ServiCenter Space Improvements – Construction (WIFIA) 40 30024-003 1,203,300 — — — — 1,203,300 Tier 1 UTIL WF Solids Handling Improvement Construction - 40 30016-004 (WIFIA) 2,000,000 — — — — 2,000,000 Tier 1 UTIL WF Water Meter Improvements (WIFIA) 40 30008-003 1,250,086 — — — — 1,250,086 Tier 2 UTIL WF Allen WTP Process Improvements (WIFIA) 40 30002-002 — 2,000,000 2,000,000 2,000,000 — 6,000,000 Tier 2 UTIL WF Annual Waterline Replacement – Construction (Cash) 40 30004-003 — 1,000,000 1,000,000 1,000,000 2,233,440 5,233,440 Tier 2 UTIL WF Meadow Creek Improvements Construction (Denver Water) - 40 30001-004 (Cash) — 354,150 664,200 — — 1,018,350 Tier 2 UTIL WF Water Supply Projects (Program) (Cash) 40 30022-002 — — 1,569,240 2,233,440 2,233,440 6,036,120 Tier 4 UTIL WF Annual Valve Replacement (Cash) 40 30012-003 — — — — 227,480 227,480 Tier 4 UTIL WF Annual Waterline Replacement – Design (Cash) 40 30004-002 — — — — 165,440 165,440 Tier 1 UTIL SF Allen WTP Space Improvements Phase II – Construction (Cash) 41 30004-003 929,700 — — — — 929,700 Tier 1 UTIL SF ServiCenter Space Improvements – Construction (Cash) 41 30006-003 515,700 — — — — 515,700 Tier 1 UTIL SF Sewer Pipe and Manhole Rehab (Cash) 41 30001-003 480,000 480,000 480,000 480,000 430,000 2,350,000 Request Request Request Request Request 5-Year Priority Dept Fund Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 15 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 5 o f 4 5 5 Tier 1 UTIL SF SPR CIP Budget (50/50) (WIFIA/Cash) 41 30002-002 7,675,000 6,683,500 7,602,500 8,244,000 6,639,000 36,844,000 Tier 1 UTIL SF Water Meter Improvements (WIFIA) - 41 30008-003 256,042 — — — — 256,042 Tier 1 PW SDF Dry Gulch/Harvard Gulch Master Drainageway Plan IGA - 42 2021 2101 001 375,000 600,000 — — — 975,000 Tier 1 PW SDF Hospital Project Old Hampden Avenue, Lincoln to Clarkson - 42 2021 004 500,000 — — — — 500,000 Tier 1 PW SDF Repair/rehabilitate existing storm sewer - 42 2021 007 450,000 400,000 400,000 400,000 400,000 2,050,000 Tier 1 PW SDF South Englewood Drainageway Plan 50/50 IGA MHFD-42 2023-0302 400,000 — — — — 400,000 Tier 1 PW SDF South Englewood Stormwater Improvements - 42 2020 2201 2,000,000 — — — — 2,000,000 Tier 2 PW SDF Small Area Drainage Improvements - 42 2021 005 250,000 250,000 250,000 300,000 300,000 1,350,000 Tier 1 PRLG GCF Asphalt-43 1307 002 50,000 50,000 50,000 50,000 50,000 250,000 Tier 1 PRLG GCF Golf Carts - 43 2021 005 44,244 44,244 44,244 44,244 — 176,976 Tier 1 PRLG GCF Golf Course Operating Equipment - 43 2022 003 150,000 150,000 170,000 200,000 150,000 820,000 Tier 2 PRLG GCF Clubhouse Improvements - 43 2021 001 100,000 100,000 100,000 100,000 100,000 500,000 Tier 3 PRLG GCF Annual Facility Repairs - 43 2022 001 30,000 35,000 40,000 40,000 — 145,000 Tier 3 PRLG GCF Golf Course Landscaping - 43 2022 005 24,000 25,000 26,000 27,000 30,000 132,000 Tier 3 PRLG GCF Restaurant equipment and fixtures - 43 2021 009 15,000 15,000 15,000 15,000 10,000 70,000 Tier 1 PW CUF Curb and Gutter Repair - 44 2021 002 200,000 200,000 225,000 225,000 — 850,000 Tier 1 PW CUF Sidewalk Repair by Area - 44 2021 001 800,000 825,000 825,000 825,000 — 3,275,000 Tier 1 PW SCF ServiCenter Building Upgrades - 61 2021 004 357,500 500,000 — — — 857,500 Tier 1 PW CERF Fleet CERF - 62 2021 001 1,159,540 2,352,251 1,621,050 426,402 — 5,559,243 GRAND TOTALS 66,531,304 54,481,966 58,882,136 54,160,774 26,571,729 260,627,909 Request Request Request Request Request 5-Year Priority Dept Fund Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 16 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 6 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Conservation Trust Fund (03) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $2,226,348 $420,000 $523,328 $2,123,020 Designated Funds for Projects Completion $1,528,280 Unappropriated Fund Balance $594,740 The Conservation Trust Fund is a Special Revenue Fund and its main revenue source is from the Colorado State Lottery. The annual amount received from this source is approximately $300,000-$400,000. PRLG PCove Maintenance - 03 1300 009 70,000 66,150 69,458 72,930 70,000 348,538 PRLG CTF Contingency - 03 1300 999 92,241 95,008 99,708 100,000 50,000 436,957 PRLG ERC Improvements - 03 1300 108 59,703 61,494 148,294 40,000 40,000 349,491 PRLG ERC Maintenance - 03 1300 003 80,000 100,000 40,000 50,000 30,000 300,000 PRLG Fitness Equipment Replacement - 03 1300 001 59,703 61,494 63,339 63,339 66,489 314,364 PRLG Malley Center Improvements - 03 1300 107 10,000 30,000 10,000 10,000 10,000 70,000 PRLG PCove Expansion - 03 1300 010 60,000 57,000 — — — 117,000 PRLG PCove Furniture Fixtures & Equipment-03 1300 008 71,400 74,970 78,718 82,654 70,000 377,742 PRLG Belleview Farm - 03 1300 012 5,000 5,000 5,000 5,000 5,000 25,000 PRLG Belleview Train - 03 1300 011 40,000 40,000 20,000 20,000 20,000 140,000 PRLG Park Improvements - 03 1300 015 45,000 45,000 45,000 45,000 45,000 225,000 TOTALS 593,047 636,116 579,517 488,923 406,489 2,704,092 Request Request Request Request Request 5-Year Dept Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 17 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 7 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:MACHINE & EQUIPMENT.HEAVY EQUIPMENT // 7/15 NUMBER:03 1300 011 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Belleview Train - 03 1300 011 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Improvements to the train station, tracks and train. Annually, the track, train, and station are inspected and any improvements needed are implemented. Some of the maintenance has included installing new railroad ties when the old wear out, beautifying the train station, making minor repairs to the train. Replace 2 Coaches (2024) and Engine (2024). The track continues to need repairs prior to the opening of the train and throughout the year. To replace the entire track would be approximately $806,000. Repairs will continue to occur on an as needed basis until additional funding would be made available. Annual visitors are 31,675. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 40,000 40,000 20,000 20,000 20,000 140,000 Ongoing Financial Impact** — — — — — — USES TOTALS 40,000 40,000 20,000 20,000 20,000 140,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The Belleview Train is very popular amenity for Englewood. The train gets a lot of use and is exciting attraction for park visitors. To keep the train, track and station infrastructure safe and maintained on-going inspections take place to ensure things are running smoothly and safely. Minor repairs are made prior to the season opening and on- going throughout the season. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 30%10%10%5%10%10%20%5% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 18 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 8 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:03 1300 012 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Belleview Farm - 03 1300 012 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Improvements to the Belleview Farm. Annually the farm is inspected and improvements are identified. Most of the improvements consist of adding new gravel to the surfacing, painting and minor repairs to the buildings, adding new gates and new shade. Cameras and Wi-Fi will improve the safety and customer service of the facility which will be added in 2024. Account number change in 2023 from Parks 02-1305 to ERC 02-1302. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 5,000 5,000 5,000 5,000 5,000 25,000 Ongoing Financial Impact** — — — — — — USES TOTALS 5,000 5,000 5,000 5,000 5,000 25,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The Belleview Farm has an estimated 32,687 visitors throughout the season. Safety is the number one priority at the farm for patrons and the animals. Infrastructure improvements are needed annually to ensure the safety of all visitors to the farm. Improvements to the customer experience helps improve both safety and security, such as shade, ground material, and gates. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%20%10%10%20%10%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 19 DRAFT PRELIMINARY CIP 2025 Pa g e 1 4 9 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:IMPROVEMENTS.PLAYGROUNDS // 10 NUMBER:03 1300 999 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:CTF Contingency - 03 1300 999 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Emergency funds for parks to implement improvements when safety issues and infrastructure needs are identified. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 92,241 95,008 99,708 100,000 50,000 436,957 Ongoing Financial Impact** — — — — — — USES TOTALS 92,241 95,008 99,708 100,000 50,000 436,957 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Throughout the year items fail in the parks, this funding is to ensure we have capital to make repairs in a timely manner to keep the parks and infrastructure safe for all park visitors.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%40%10%10%—%30%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 20 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 0 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:MACHINE & EQUIPMENT.EQUIPMENT // 5-20 NUMBER:03 1300 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Fitness Equipment Replacement - 03 1300 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS On-going upgrades and replacement to cardio and fitness equipment at Malley and Englewood Recreation Center (ERC). Replacement for various pieces will be placed on a rotating basis to alleviate the break down of the cardio equipment. One year of expense may be skipped to allow more funding to be available for larger purchases. Some Cardio equipment was replaced in 2024, and potentially Pilates equipment at Malley in 2025. Treas (Malley account # 02-1303) Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 59,703 61,494 63,339 63,339 66,489 314,364 Ongoing Financial Impact** — — — — — — USES TOTALS 59,703 61,494 63,339 63,339 66,489 314,364 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The fitness and cardio equipment at both the ERC and Malley are used frequently and on a daily basis. While staff maintain them daily, all equipment has a life span. To ensure the equipment is safe for all users the equipment needs to be replaced as it ages out of inventory. To ensure we have enough and quality pieces for the invested members capital funding is needed annually to make necessary upgrades and replacements. Replacing the equipment means both centers will have quality infrastructure that is safe for all. None of the equipment at both centers is under warranty. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%20%10%10%10%20%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 21 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 1 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:03 1300 009 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:PCove Maintenance - 03 1300 009 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Pirates Cove has many maintenance, upgrades and replacement needs. One of park's main attractions are the water slides. Currently two of the park's slides are in need of paint and gel coat on interior and exterior of the slide to maintain the look and safe functionality of those amenities. It is our intention to paint and gel coat one slide in 2025, and one in 2026. Total cost per slide is $35,000. Another area needing attention are the Hair and Lint strainers which are original equipment and parts no longer are available. he price anticipated to replace the strainer, plus plumbing would be $15,000 per strainer. We intend to dedicate $50,000 dollars in 2025 to address the 3 hair and lint strainers on the Water Slides that are of most concern. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 70,000 66,150 69,458 72,930 70,000 348,538 Ongoing Financial Impact** — — — — — — USES TOTALS 70,000 66,150 69,458 72,930 70,000 348,538 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: With amount of use the water slides get, gel coat on the interior of the slide will begin to deteriorate and slide seams will begin to expose. For the safety of the rider, it is important that the riding surface is smooth and free and clear of any crack and chips which could injure the rider. Gel coat of the interior of the slide will address those cracks and ensure a safe operation of the slide. Replacement of the hair and lint strainers are necessary to maintain water standards and amenity auctionability. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%10%10%10%20%30%5%5% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 22 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 2 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:03 1300 107 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Malley Center Improvements - 03 1300 107 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Improvements to a classroom to add fitness components/flooring (CTF) Pilates flooring/specialty fitness area/ gymnasium pads/ scoreboard (24) Replace fitness room flooring 2026. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 10,000 30,000 10,000 10,000 10,000 70,000 Ongoing Financial Impact** — — — — — — USES TOTALS 10,000 30,000 10,000 10,000 10,000 70,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The Malley is aging and there are many infrastructure improvements needs to keep the facility safe and attractive to members and residents. Improvements will also insure we are meeting members needs daily. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%20%10%10%10%20%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 23 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 3 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:03 1300 010 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:PCove Expansion - 03 1300 010 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Pirates Cove amenities continue to exceed their life expectancy and are in need to be added/replaced/updated. Such amenities are the waterpark's 3 pool boilers. Although the summer brings along warmer temperatures outside, it is still necessary to heat the pools to an adequate level that is comfortable and safe for bathers. The pool boilers will be prioritized with replacement of the lazy river and leisure pool boilers in 2025 and 2026, respectively, totaling $45,000 per boiler. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 60,000 57,000 — — — 117,000 Ongoing Financial Impact** — — — — — — USES TOTALS 60,000 57,000 — — — 117,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The pool boilers have had to be serviced with frequency with a major plumbing repair occurring in 2023 replacing the copper pipe coming in and out of the boiler. Additionally, the lazy river boiler had difficulty maintaining a consistent temperature in 2023. CEM was onsite multiple times over the course of the Summer of 2023 to address temperature issues, including replacement of a heat pump. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%10%5%5%20%30%5%5% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 24 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 4 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:MACHINE & EQUIPMENT.EQUIPMENT // 5-20 NUMBER:03 1300 008 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:PCove Furniture Fixtures & Equipment-03 1300 008 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Pirates Cove is continuing to age. Due to amount of use the lounge chairs and beach chairs have from the daily guests, some of these items of furniture need to be replaced. We are planning to replace beach chairs for 2025 in order to phase out the ones that are unusable. We are planning to purchase 2 replacement lifeguard chairs for the park in 2025 as they are beginning to show signs of wear and tear. Pirates cove is also in need of replacing the office chairs in the conference room. We are intending to purchase 8 office chairs in 2025. All Furniture replaced will be $20,000. A replacement schedule has been developed for the shade structures throughout the park. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 71,400 74,970 78,718 82,654 70,000 377,742 Ongoing Financial Impact** — — — — — — USES TOTALS 71,400 74,970 78,718 82,654 70,000 377,742 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The furniture in the park continues to deteriorate due to its high volume of use, with over 76,000 guests visiting in 2023. This deterioration causes potential safety hazards and requires staff to dispose or take furniture out of service for repair. Due to the age of Pirates Cove various piece of equipment decline and safety becomes an issue, it is necessary to replace with new equipment. Additionally, new equipment allows for the park to remain looking vibrant, creating a positive experience for the users of the park. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%10%20%5%20%20%10%5% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 25 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 5 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:BUILDINGS.BUILDINGS // 25/50 NUMBER:03 1300 108 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:ERC Improvements - 03 1300 108 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Recommended upgrades could include pool slide, pool equipment and meeting/ classroom updates, pickleball court in back of ERC and renovation of an existing racquetball ball court to be more family focused (2024). Updated lift or elevator. $100,000-$250,000 Expansion of upstairs stretching area floor over open lobby. $300,000. Replace sauna lighting to LED. $8,000(CTF) Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 59,703 61,494 148,294 40,000 40,000 349,491 Ongoing Financial Impact** — — — — — — USES TOTALS 59,703 61,494 148,294 40,000 40,000 349,491 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The Recreation Center is an aging facility with an outdated fitness facility layout and there are many infrastructure improvements needs to keep the facility safe and attractive to members and residents. Adding a cardio stretching floor area off of the upstairs track. This would require a ceiling above the lobby. This was in the original renovation expansion planning and was tabled due to the cost of the overall project. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%20%10%10%10%20%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 26 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 6 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.PLAYGROUNDS // 10 NUMBER:03 1300 015 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Park Improvements - 03 1300 015 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Budget Conservation Trust Fund Park Improvements Program is a strategic initiative aimed at enhancing the quality and sustainability of parks within our community. This program allocates funds from the Parks Budget Conservation Trust Fund towards targeted improvements in various parks, ensuring they remain vibrant, accessible, and environmentally responsible spaces for residents and visitors alike. The program encompasses a range of projects aimed at revitalizing park infrastructure, enhancing natural habitats, promoting biodiversity, and improving recreational amenities. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 45,000 45,000 45,000 45,000 45,000 225,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 45,000 45,000 45,000 45,000 45,000 225,000 1. Infrastructure Maintenance and Upgrades: Many parks within our community are in need of essential maintenance and upgrades to ensure the safety and functionality of facilities such as playgrounds, walking trails, picnic areas, and restroom facilities. By investing in these improvements, we can prolong the lifespan of park infrastructure, reduce safety hazards, and enhance the overall visitor experience. 2. Accessibility and Inclusivity: It's essential to ensure that parks are accessible and inclusive spaces for individuals of all ages and abilities. This program will prioritize projects aimed at improving accessibility features such as ADA-compliant pathways, wheelchair-accessible amenities, and sensory-friendly recreational areas, ensuring that everyone in our community can enjoy the benefits of our parks. 3. Community Health and Well-being: Provide valuable opportunities for physical activity, social interaction, and mental rejuvenation. By investing in improvements, we can encourage active lifestyles, reduce stress, and promote overall community well-being. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%30%—%—%20%50%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 27 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 7 o f 4 5 5 PROJECT FUND:03-Conservation Trust Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:03 1300 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:ERC Maintenance - 03 1300 003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS It is necessary to have components of the pool and building to operate consistently and safely for the patrons who use the Englewood Recreation Center. Ongoing maintenance and repair of the pool heater, pool filters and pool circulation pump has occurred frequently, requiring at times, the pool to be closed for maintenance. Replacement of a new pool heater completed 2025. Pool circulation pump replacement in 2025. Pool Sand Filters replacement in 2026. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 80,000 100,000 40,000 50,000 30,000 300,000 Ongoing Financial Impact** — — — — — — USES TOTALS 80,000 100,000 40,000 50,000 30,000 300,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement JUSTIFICATION:**Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution With aging infrastructure at the ERC and its pool equipment, repairs have been ongoing. The current pool boiler is over 20 years old and has exceeded its lifespan. It has had to be serviced and repaired twice in 2023 due to issues with the internal burners and ignition. The unit is continuing to have ongoing maintenance performed in order to keep the pool heated at the desired temperature. The pool sand filter has exceeded its life expentancy and is in need of replacement. Filter effectiveness has decreased over time and the housing of the filter is beginning to deteriorate. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%10%10%10%20%20%5%5% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 28 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 8 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Open Space Fund (10) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $3,062,962 $1,600,000 $1,312,195 $3,350,767 Designated Funds for Projects Completion $1,635,846 Unappropriated Fund Balance $1,714,921 The Open Space Fund is a Special Revenue Fund and its main revenue source is from the Arapahoe County Open Space Tax (.25%) and Local Grants. The annual amount received from this source is approximately $1,000,000. PRLG Grant Matching Funds - 10 1300 998 400,000 350,000 350,000 350,000 400,000 1,850,000 PRLG Irrigation System Replacement - 10 1300 008 50,000 50,000 100,000 100,000 100,000 400,000 PRLG Park Planning Design and Project Management - 10 1300 106 50,000 — — — 50,000 100,000 PRLG Parks Flower Bed Program - 10 1300 003 41,000 41,000 41,000 41,000 41,000 205,000 PRLG Parks Maintenance Employee Compensation - 10 1300 009 200,000 200,000 200,000 200,000 200,000 1,000,000 PRLG Tree Replacement - 10 1300 002 44,200 45,000 45,000 — 45,000 179,200 PRLG Concrete Trail Replacement - 10 1300 102 100,000 100,000 100,000 100,000 100,000 500,000 PRLG Parks Equipment - 10 1300 001 20,000 20,000 20,000 20,000 20,000 100,000 PRLG Parks Landscape Improvements - 10 1300 005 50,000 100,000 100,000 100,000 50,000 400,000 PRLG Parks Renovation Fund - 10 1300 997 50,000 100,000 100,000 100,000 100,000 450,000 PRLG Tennis/Basketball Court Renovations - 10 1300 007 50,000 100,000 50,000 50,000 50,000 300,000 PRLG Contingency - 10 1300 999 200,000 131,325 131,325 81,325 200,000 743,975 PRLG Parks Rules Signage - 10 1300 004 — — — 25,000 25,000 50,000 TOTALS 1,255,200 1,237,325 1,237,325 1,167,325 1,381,000 6,278,175 Request Request Request Request Request 5-Year Dept Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 29 DRAFT PRELIMINARY CIP 2025 Pa g e 1 5 9 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:10 1300 998 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Grant Matching Funds - 10 1300 998 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Department aims to enrich the quality of life for our community members by enhancing the facilities and amenities within our public parks. This grant matching budget proposal seeks to secure funding to support various improvement projects across our parks system. These enhancements will cater to the diverse recreational needs of our residents, foster community engagement, and promote environmental stewardship. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 400,000 350,000 350,000 350,000 400,000 1,850,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 400,000 350,000 350,000 350,000 400,000 1,850,000 1. Community Well-being: Upgrading playground equipment and enhancing park amenities will provide safe and enjoyable recreational opportunities for individuals and families, contributing to improved physical and mental well-being. 2. Accessibility: The installation of additional benches, picnic tables, and shade structures will ensure that park facilities are accessible and comfortable for people of all ages and abilities. 3. Social Cohesion: Enhancing green spaces and providing opportunities for relaxation and social interaction will foster a sense of community belonging. 4. Environmental Conservation: Implementing sustainability initiatives will promote environmental awareness and stewardship among park visitors while contributing to the preservation of local ecosystems and natural resources. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%20%10%10%40%20%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 30 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 0 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:IMPROVEMENTS.LANDSCAPING // Non-depreciable NUMBER:10 1300 102 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Concrete Trail Replacement - 10 1300 102 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Department's Concrete Trail Replacement Program is aimed at upgrading and maintaining the existing trail infrastructure within our community parks. This initiative focuses on replacing deteriorating or damaged trails with durable and accessible concrete surfaces to ensure safe and enjoyable recreational experiences for park visitors of all ages and abilities. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 100,000 100,000 100,000 100,000 100,000 500,000 JUSTIFICATION: Ongoing Financial Impact** — — — — — — 1. Safety and Accessibility: Concrete trails provide a smooth and stable surface that is safe and accessible for individuals of all ages and abilities, including those using mobility aids such as wheelchairs, walkers, and strollers. 2. Durability and Longevity: Concrete trails are durable and resistant to wear and tear, requiring minimal maintenance and offering long- term cost savings compared to alternative trail surfaces such as asphalt or gravel. 3. Environmental Sustainability: Properly designed concrete trails with adequate drainage and erosion control help minimize soil erosion, reduce water runoff, and preserve natural habitats, contributing to environmental sustainability and ecosystem health. 4. Enhanced User Experience: Upgrading trail amenities such as signage, seating, and lighting improves the overall user experience, enhancing safety, wayfinding, and comfort for park visitors, especially during evening hours or inclement weather. USES TOTALS 100,000 100,000 100,000 100,000 100,000 500,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%60%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 31 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 1 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:10 1300 999 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Contingency - 10 1300 999 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Department Contingency Fund is established to provide financial resources for unforeseen events, emergencies, or urgent needs that may arise within the park system. This fund serves as a flexible and responsive mechanism to address unexpected challenges, maintain essential services, and ensure the safety, functionality, and attractiveness of public parks for residents and visitors. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 200,000 131,325 131,325 81,325 200,000 743,975 JUSTIFICATION: Ongoing Financial Impact** — — — — — — 1. Emergency Response: The Parks Department Contingency Fund allows for timely responses to emergencies and unforeseen events , ensuring that essential services are maintained and risks are mitigated effectively. 2. Maintenance and Repairs: Having a dedicated fund for contingencies enables the Parks Department to address maintenance issues, equipment failures, and infrastructure repairs promptly, minimizing downtime and preventing further deterioration of park assets. 3. Risk Mitigation: Proactively allocating funds for risk mitigation measures, such as tree maintenance and safety inspections, helps prevent potential emergencies and reduces the likelihood of costly repairs or liabilities in the future, promoting long-term sustainability and resilience within the park system. USES TOTALS 200,000 131,325 131,325 81,325 200,000 743,975 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%10%10%20%30%20%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 32 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 2 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:MACHINE & EQUIPMENT.EQUIPMENT // 5-20 NUMBER:10 1300 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Parks Equipment - 10 1300 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Equipment Replacement Program is designed to ensure the safety, functionality, and attractiveness of park facilities by systematically replacing aging or damaged equipment. This initiative aims to enhance the quality of recreational experiences for park visitors while promoting the long-term sustainability and efficiency of park operations. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 20,000 20,000 20,000 20,000 20,000 100,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 20,000 20,000 20,000 20,000 20,000 100,000 1. Safety and Liability Mitigation: Regular equipment replacement helps mitigate safety risks associated with aging or deteriorating structures, reducing the likelihood of accidents, injuries, and potential liability issues for the Parks Department. 2. Aesthetic Improvement: New, well-maintained equipment enhances the visual appeal and attractiveness of parks, contributing to a positive park experience for visitors and enhancing community pride in public spaces. 3. Operational Efficiency: Systematic equipment replacement reduces the need for frequent repairs and maintenance, streamlining park operations, and maximizing staff productivity and efficiency. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%10%10%—%10%50%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 33 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 3 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.LANDSCAPING // Non-depreciable NUMBER:10 1300 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Parks Flower Bed Program - 10 1300 003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Flower Bed Program aims to beautify public parks and green spaces by implementing seasonal flower displays and sustainable landscaping practices. Through this program, the Parks Department will create visually appealing flower beds, promote biodiversity, and engage the community in environmental stewardship efforts. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 41,000 41,000 41,000 41,000 41,000 205,000 JUSTIFICATION: Ongoing Financial Impact** — — — — — — 1. Aesthetic Enhancement: The installation of seasonal flower beds will enhance the visual appeal of parks and public spaces, creating inviting and vibrant environments for residents and visitors to enjoy. 2. Environmental Stewardship: Implementing sustainable landscaping practices such as mulching, composting, and water-efficient irrigation will reduce water consumption, minimize chemical usage, and promote soil health, thereby contributing to environmental sustainability and habitat conservation. 3. Community Engagement: Involving community volunteers and local organizations in the maintenance of flower beds fosters a sense of ownership and pride in public spaces, strengthens community bonds, and promotes environmental stewardship among residents. 4. Educational Opportunities: Providing interpretive signage and educational materials raises awareness about the importance of native plants, pollinators, and sustainable landscaping practices, empowering park visitors to make informed decisions and take action to support local ecosystems. USES TOTALS 41,000 41,000 41,000 41,000 41,000 205,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%20%10%10%—%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 34 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 4 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:IMPROVEMENTS.LANDSCAPING // Non-depreciable NUMBER:10 1300 005 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Parks Landscape Improvements - 10 1300 005 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Landscape Improvements Program focuses on enhancing the aesthetic appeal, ecological value, and functionality of park landscapes through thoughtful design and sustainable landscaping practices. This initiative aims to create attractive, welcoming, and environmentally resilient outdoor spaces that provide recreational opportunities and enrich the quality of life for community members. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 50,000 100,000 100,000 100,000 50,000 400,000 JUSTIFICATION: Ongoing Financial Impact** — — — — — — 1. Aesthetic Enhancement: Improving park landscapes enhances their visual appeal, creating attractive and inviting outdoor spaces that encourage community members to visit, explore, and enjoy recreational activities. 2. Ecological Restoration: Implementing native plant landscaping, habitat restoration, and stormwater management practices enhances biodiversity, restores natural ecosystems, and improves the overall ecological health and resilience of park landscapes. 3. Environmental Sustainability: Sustainable landscaping practices such as water conservation, soil erosion control, and wildlife habitat enhancement promote environmental stewardship, conserve natural resources, and minimize the carbon footprint of park operations. 4. Community Engagement: Involving community volunteers and local organizations in landscape improvement projects fosters a sense of ownership, pride, and environmental stewardship among residents, strengthening community bonds and promoting active participation in park stewardship efforts. USES TOTALS 50,000 100,000 100,000 100,000 50,000 400,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%20%10%—%30%—%40%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 35 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 5 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:10 1300 009 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Parks Maintenance Employee Compensation - 10 1300 009 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Maintenance Employee Compensation Enhancement project aims to improve the compensation and benefits package for the dedicated staff responsible for the maintenance and upkeep of our community parks. By providing competitive wages, comprehensive benefits, and professional development opportunities, we aim to attract and retain skilled and motivated employees who are essential for ensuring the cleanliness, safety, and functionality of our parks. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 200,000 200,000 200,000 200,000 200,000 1,000,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 200,000 200,000 200,000 200,000 200,000 1,000,000 1. Attracting and Retaining Talent: Competitive compensation and benefits are essential for attracting skilled candidates to join the parks maintenance team and retaining experienced employees who are crucial for maintaining the quality and safety of our parks. 2. Job Satisfaction and Morale: Fair compensation and comprehensive benefits packages contribute to employee satisfaction and morale, resulting in higher levels of engagement, productivity, and job commitment among maintenance staff. 3. Quality of Service: Well-compensated and motivated employees are more likely to perform their duties with diligence, professionalism, and attention to detail, resulting in improved maintenance standards and overall park quality. 4. Professional Development: Investing in training and development opportunities demonstrates a commitment to employee growth and career advancement, empowering staff to acquire new skills, enhance job performance, and pursue long-term career goals within the parks department. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%30%10%30%30%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 36 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 6 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:10 1300 007 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Tennis/Basketball Court Renovations - 10 1300 007 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Tennis and Basketball Court Renovations project aims to revitalize and upgrade existing tennis and basketball facilities within community parks to improve safety, functionality, and user experience. This initiative seeks to modernize aging infrastructure, address wear and tear, and enhance amenities to meet the evolving recreational needs of residents while promoting physical activity and community engagement. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 50,000 100,000 50,000 50,000 50,000 300,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 50,000 100,000 50,000 50,000 50,000 300,000 1. Safety and Functionality: Renovating tennis and basketball courts addresses safety concerns associated with deteriorating surfaces, uneven playing areas, and outdated amenities, ensuring a safer and more enjoyable recreational experience for users. 2. Community Engagement: Involving stakeholders in the renovation planning process ensures that improvements meet the needs and preferences of local athletes, sports enthusiasts, and park users, fostering a sense of ownership and pride in public facilities. 3. Physical Activity Promotion: Upgrading tennis and basketball courts encourages physical activity and sports participation, providing residents with accessible and attractive recreational opportunities that promote health, fitness, and well-being. 4. Accessibility: Enhancing court amenities and facilities improves accessibility for individuals of all ages and abilities, including seniors, children, and individuals with disabilities, fostering social inclusion and equal access to recreational opportunities. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%20%—%—%60%20%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 37 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 7 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.LANDSCAPING // Non-depreciable NUMBER:10 1300 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Tree Replacement - 10 1300 002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Department's Tree Replacement Program is designed to address the loss of mature trees within our community parks due to natural aging, disease, pests, and adverse weather events. Through this program, we aim to replenish and diversify the urban tree canopy, enhance ecosystem services, and promote long-term sustainability and resilience in our park landscapes. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 44,200 45,000 45,000 — 45,000 179,200 JUSTIFICATION: Ongoing Financial Impact** — — — — — — 1. Ecological Restoration: Trees play a crucial role in providing habitat, improving air quality, mitigating climate change, and enhancing biodiversity. By replanting trees lost to natural causes or human activities, the Tree Replacement Program contributes to the restoration and preservation of ecological functions within our parks. 2. Aesthetic Enhancement: Mature trees enhance the beauty and visual appeal of park landscapes, providing shade, texture, and seasonal interest. By replenishing the urban tree canopy, the program helps maintain the aesthetic quality and recreational value of our parks for the enjoyment of residents and visitors. 3. Climate Resilience: Planting a diverse range of native and climate- resilient tree species increases the resilience of park ecosystems to climate change impacts such as extreme temperatures, drought, and severe weather events, ensuring the long-term viability and health of urban forests. 4. Public Health and Well-being: Trees provide numerous benefits for human health and well-being, including shade, cooling, stress reduction, and recreation opportunities. USES TOTALS 44,200 45,000 45,000 — 45,000 179,200 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%10%10%—%—%10%60%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 38 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 8 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:10 1300 008 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Irrigation System Replacement - 10 1300 008 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Department recognizes the critical role of efficient irrigation systems in maintaining vibrant and healthy green spaces within our community parks. This project aims to replace outdated and inefficient irrigation infrastructure with modern, water-efficient systems. By prioritizing sustainability and resource conservation, we seek to enhance the long-term health and beauty of our parks while reducing water usage and operational costs. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 50,000 50,000 100,000 100,000 100,000 400,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 50,000 50,000 100,000 100,000 100,000 400,000 1. Water Conservation: Replacing outdated irrigation systems with modern, water-efficient technology will significantly reduce water usage and minimize waste, contributing to conservation efforts and promoting responsible stewardship of natural resources. 2. Cost Savings: Efficient irrigation systems will lead to reduced water bills and operational costs for the Parks Department, allowing for reallocation of resources to other priority areas such as park maintenance, programming, and improvements. 3. Environmental Sustainability: By adopting smart irrigation technology and drip systems, the project will promote environmental sustainability by minimizing water runoff, erosion, and chemical runoff into waterways, thus preserving local ecosystems and water quality. 4. Enhanced Plant Health: The new irrigation infrastructure will provide precise and targeted watering, ensuring adequate hydration for plants while minimizing stress and susceptibility to disease, ultimately promoting healthier and more resilient vegetation within our parks. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%10%10%10%30%10%30%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 39 DRAFT PRELIMINARY CIP 2025 Pa g e 1 6 9 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.INFRASTRUCTURE // 50 NUMBER:10 1300 004 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Parks Rules Signage - 10 1300 004 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Rules and Regulation Signage Project involves the installation of clear and comprehensive signage within community parks to inform visitors of park rules, regulations, and guidelines. This initiative aims to promote safety, preserve park resources, enhance the visitor experience, and encourage responsible behavior among park users. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — — 25,000 25,000 50,000 JUSTIFICATION: Ongoing Financial Impact** — — — — — — 1. Safety Promotion: Clear signage helps promote safety within parks by informing visitors of rules and regulations related to activities such as speed limits, leash requirements for pets, and prohibited behaviors. 2. Visitor Education: Informative signage provides opportunities for visitor education on topics such as trail etiquette, wildlife viewing guidelines, safety, and emergency procedures, empowering park users to make informed decisions and engage in responsible behavior. 3. Conflict Resolution: Clearly communicated rules and regulations help prevent conflicts and misunderstandings among park users by establishing clear expectations and standards of conduct, promoting harmonious interactions and positive social norms within park communities. 4. Liability Reduction: By clearly outlining rules and regulations, signage helps reduce the risk of accidents, injuries, and liability issues associated with non-compliance or lack of awareness among park users, protecting both visitors and the park system from potential harm or legal disputes. USES TOTALS — — — 25,000 25,000 50,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%—%—%10%—%70%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 40 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 0 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:10 1300 106 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Park Planning Design and Project Management - 10 1300 106 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Park Planning and Design project aims to enhance the functionality, accessibility, and aesthetic appeal of community parks within our city. Through comprehensive planning and thoughtful design, we seek to create inclusive and engaging spaces that cater to the diverse recreational needs of residents while promoting environmental sustainability and fostering community pride. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 50,000 — — — 50,000 100,000 JUSTIFICATION: Ongoing Financial Impact** — — — — — — 1. Functional Design: Developing master plans and conceptual designs allows for thoughtful consideration of park layout, amenities, and programming to optimize functionality and usability, thereby enhancing the overall park experience for visitors. 2. Inclusivity: Improving accessibility through ADA-compliant design features ensures that parks are welcoming and inclusive spaces for individuals of all ages and abilities, promoting social equity and diversity. 3. Environmental Stewardship: Integrating sustainable design practices reduces the environmental footprint of park development and operation, contributing to climate resilience, habitat conservation, and resource conservation. 4. Safety: Incorporating CPTED principles and strategic lighting design enhances park safety by minimizing opportunities for crime and anti- social behavior, thereby creating a safer and more secure environment for park users. USES TOTALS 50,000 — — — 50,000 100,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%20%—%10%40%10%20%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 41 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 1 o f 4 5 5 PROJECT FUND:10-Open Space Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:10 1300 997 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Parks Renovation Fund - 10 1300 997 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Parks Renovation Fund is established to support comprehensive renovation projects aimed at revitalizing and enhancing the quality, functionality, and sustainability of community parks. This initiative seeks to address aging infrastructure, outdated amenities, and evolving recreational needs by investing in strategic renovations that improve park accessibility, safety, aesthetics, and user experience. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 50,000 100,000 100,000 100,000 100,000 450,000 JUSTIFICATION: Ongoing Financial Impact** — — — — — — 1. Infrastructure Renewal: The Parks Renovation Fund addresses the pressing need to renew aging park infrastructure, including playgrounds, sports facilities, trails, and amenities, ensuring safe, functional, and attractive park environments for community members to enjoy. 2. Community Input: Involving stakeholders in the renovation planning process ensures that projects reflect the priorities, preferences, and needs of residents and park users, fostering a sense of ownership, pride, and community investment in public spaces. 3. Accessibility and Inclusivity: Renovation projects prioritize accessibility features and inclusive design principles to ensure that parks are welcoming and accessible to individuals of all ages, abilities, and backgrounds, promoting social equity and diversity. 4. Environmental Sustainability: Integrating sustainable design practices such as native landscaping, stormwater management, and energy-efficient lighting reduces the environmental footprint of park renovations, enhances ecological resilience, and promotes environmental stewardship. USES TOTALS 50,000 100,000 100,000 100,000 100,000 450,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%40%—%20%—%20%20%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 42 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 2 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Public Improvement Fund (30) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $19,624,990 $9,802,157 $9,945,689 $19,481,458 Designated Funds for Projects Completion $17,083,341 Unappropriated Fund Balance $2,398,117 The Public Improvement Fund is a Capital Projects Fund and its main revenue source is from the Vehicle Use Tax, Building Use Tax and the Arapahoe Road and Bridge Tax. The annual amount received from these sources is approximately $4,000,000. COM Tier 1 Public Art - Wraps and Crosswalks 30 1801 008 100,000 100,000 — — — — 100,000 COM Tier 1 Wayfinding and Placemaking - 30 1801 001 100,000 100,000 100,000 100,000 100,000 — 400,000 PRLG Tier 1 Parks & Rec Parking Lot Maint - 30 1301 006 80,000 80,000 80,000 85,000 90,000 90,000 425,000 PW Tier 1 Alley Maintenance - 30 2022 009 100,000 100,000 100,000 100,000 100,000 100,000 500,000 PW Tier 1 Bridge Repairs - 30 1001 002 500,000 500,000 500,000 250,000 250,000 250,000 1,750,000 PW Tier 1 City-Wide Transportation Plan - 30 2022 012 250,000 250,000 — — — — 250,000 PW Tier 1 Concrete Program Accessible Ramps - 30 1002 001 350,000 350,000 350,000 350,000 350,000 350,000 1,750,000 PW Tier 1 Concrete Utility City Share - 30 1001 008 350,000 350,000 350,000 350,000 350,000 350,000 1,750,000 PW Tier 1 Implementation of Neighborhood Traffic Calming Program & Safe Routes to School initiatives - 30 2022 033 250,000 250,000 250,000 250,000 250,000 250,000 1,250,000 PW Tier 1 Neighborhood Traffic Calming Program - 30 2022 032 100,000 100,000 — — — — 100,000 PW Tier 1 Pavement Maintenance by Area - 30 2022 014 500,000 500,000 750,000 1,000,000 1,000,000 1,000,000 4,250,000 PW Tier 1 Road & Bridge - 30 1001 001 350,000 350,000 350,000 350,000 350,000 350,000 1,750,000 PW Tier 1 Signal Equipment Upgrade/Replacement - 30 1001 013 300,000 300,000 300,000 400,000 400,000 400,000 1,800,000 PW Tier 1 Street Reconstruction - 30 2022 040 500,000 500,000 500,000 500,000 500,000 500,000 2,500,000 PW Tier 1 Walk & Wheel Plan Implementation - 30 1001 010 245,000 245,000 390,000 465,000 565,000 538,000 2,203,000 PRLG Tier 2 Public Art Acquisition 30 1301 015 250,000 250,000 250,000 250,000 150,000 — 900,000 PW Tier 2 Alley Paving - 30 2022 010 500,000 500,000 500,000 500,000 500,000 500,000 2,500,000 Request Request Request Request Request Request 5-Year Dept Priority Project Name 2025 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 43 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 3 o f 4 5 5 PW Tier 2 Arterial and Collector Street Pavement Maintenance - 30 2022 038 500,000 500,000 500,000 1,000,000 1,000,000 1,000,000 4,000,000 PW Tier 2 Sidewalk Gap Construction - 30 2022 026 350,000 350,000 350,000 400,000 450,000 450,000 2,000,000 PW Tier 3 Arterial and Collector Streets Sidewalk Widening to 6 feet where necessary - 30 2022 041 — — 300,000 300,000 300,000 300,000 1,200,000 PW Tier 3 Belleview Ave, Fox St to Broadway - 30 2022 027 — — 200,000 1,300,000 — — 1,500,000 PW Tier 3 Broadway Mid-Block Crossing at Gothic - 30 2022 023 — — 200,000 500,000 — — 700,000 PW Tier 3 Broadway Reconstruction Evaluation - 30 2022 013 — — — 100,000 — — 100,000 PW Tier 3 Broadway Safety Improvements - 30 2022 035 — — 75,000 300,000 — — 375,000 PW Tier 3 Broadway, Yale to Hampden - 30 2022 018 — — — 2,200,000 13,000,000 — 15,200,000 PW Tier 3 CityCenter Englewood Station Platform Shelter - 30 2022 031 — — — 200,000 — — 200,000 PW Tier 3 CityCenter Englewood Station/S. Santa Fe Dr. Ped/Bike Bridge - 30 2022 001 — — 300,000 5,000,000 — — 5,300,000 PW Tier 3 Clarkson Bike Blvd, Hampden to Dartmouth - 30 2022 024 — — 300,000 300,000 — — 600,000 PW Tier 3 Dartmouth Rail Trail Bridge - 30 1001 014 — — 500,000 4,500,000 — — 5,000,000 PW Tier 3 Hampden Rail Trail Pedestrian Bridge - 30 2022 025 — — 250,000 5,000,000 — — 5,250,000 PW Tier 3 Logan, Tufts to Oxford - 30 2022 016 — — — 2,800,000 — — 2,800,000 PW Tier 3 Neighborhood Street Lighting by Area - 30 2022 021 — — 150,000 200,000 200,000 200,000 750,000 PW Tier 3 Rail Trail Segment 1 Bridge (Big Dry Creek - Oxford Station) - 30 2022 002 — — — 500,000 2,000,000 — 2,500,000 PW Tier 3 Rail Trail Segment 2 (Oxford Station - S. Platte River Trail) - 30 2022 004 — — — 500,000 4,000,000 — 4,500,000 PW Tier 3 Rail Trail Segment 3 (S. Platte River Trail - W. Bates Ave.) - 30 2022 005 — — — 400,000 4,000,000 — 4,400,000 PW Tier 3 Santa Fe PEL Bike-Ped Improvements - 30 2023 101 — — 300,000 — — — 300,000 PW Tier 3 Southwest Greenbelt Trail (S. Cherokee St. - S. Windermere St.) - 30 2022 006 — — 350,000 3,000,000 — — 3,350,000 PW Tier 3 Street Lights and Furniture repair/replacement - 30 2022 028 50,000 50,000 50,000 50,000 50,000 — 200,000 PW Tier 3 Traffic Signal Replacement - 30 2022 044 — — 750,000 750,000 750,000 750,000 3,000,000 PW Tier 3 Transportation System Upgrade - 30 1001 003 — — 100,000 100,000 100,000 100,000 400,000 TOTALS 5,725,000 5,725,000 9,445,000 34,350,000 30,805,000 7,478,000 87,803,000 Request Request Request Request Request Request 5-Year Dept Priority Project Name 2025 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 44 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 4 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Communications PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.SIGNAGE // 10/50 NUMBER:30 1801 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Wayfinding and Placemaking - 30 1801 001 DESCRIPTION: The Wayfinding and Placemaking project focuses on enhancing Englewood's urban environment through strategic implementation of wayfinding signage and placemaking elements outlined in the Wayfinding and Placemaking Master plan. Goals for 2025 include installation of 4 to 5 community signs, murals by local artists in prominent Englewood locations and 2 additional primary gateways. The project aims to not only enhance the visual appeal of Englewood but also foster a sense of pride and connectivity among residents and visitors alike by improving navigation, promoting community identity and creating vibrant public spaces. FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 100,000 100,000 100,000 100,000 — 400,000 Ongoing Financial Impact** — — — — — — USES TOTALS 100,000 100,000 100,000 100,000 — 400,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The Wayfinding and Placemaking project in Englewood seeks to transform the city's signage infrastructure while simultaneously creating vibrant and inviting public spaces. By addressing the need for improved navigation, safety, and identity, the project aims to enhance the overall quality of life for residents and visitors alike. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%75%—%—%—%—%—%25% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 45 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 5 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Communications PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.SIGNAGE // 10/50 NUMBER:30 1801 008 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Public Art - Wraps and Crosswalks 30 1801 008 DESCRIPTION: The Public Art Crosswalks & Signal Wrappings Project by the City of Englewood aims to infuse art into public spaces while enhancing safety and community engagement. Through this initiative, vibrant crosswalk designs and signal wrappings will transform the cityscape, fostering a sense of place and encouraging active participation from local residents. Backed by research indicating significant reductions in pedestrian-related accidents and enhanced driver awareness, this project seeks to create a safer, more visually appealing environment for residents and visitors alike. FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 100,000 — — — — 100,000 Ongoing Financial Impact** — — — — — — USES TOTALS 100,000 — — — — 100,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The Pubic Art Creative Crosswalks & Signal Wrappings Project in Englewood addresses the pressing need for both aesthetic enhancement and pedestrian safety within the city. With an increase in urbanization and pedestrian traffic, traditional crosswalks and signals often lack visibility and fail to engage the community. By investing in creative interventions, such as artistic crosswalk designs and signal wrappings, the city not only improves its visual appeal but also promotes safer streets and fosters a stronger sense of community pride and ownership. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 75%—%—%—%—%—%—%25% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 46 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 6 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:30 1301 006 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Parks & Rec Parking Lot Maint - 30 1301 006 DESCRIPTION: The Parks and Recreation Parking Lot Maintenance project is a comprehensive project aimed at improving the functionality, safety, and aesthetic appeal of parking lots within parks and recreational facilities. By implementing strategic maintenance measures, the project seeks to enhance the visitor experience, ensure accessibility, and prolong the lifespan of parking infrastructure. FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 80,000 80,000 85,000 90,000 90,000 425,000 Ongoing Financial Impact** — — — — — — USES TOTALS 80,000 80,000 85,000 90,000 90,000 425,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Prioritizing parking lot maintenance within parks and recreational areas is essential for ensuring the safety, accessibility, and overall quality of the visitor experience. By investing in proactive maintenance strategies, engaging the community, and promoting environmental sustainability, we demonstrate our commitment to enhancing public spaces and fostering a thriving and inclusive community for all. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%20%—%—%20%40%20%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 47 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 7 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:WORKS OF ART.WORKS OF ART // Non-depreciable NUMBER:30 1301 015 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Public Art Acquisition 30 1301 015 DESCRIPTION: The public art acquisition project aims to enrich the cultural landscape of our city by commissioning and installing a series of diverse artworks that celebrate unity, diversity, and inclusivity. This initiative seeks to engage local artists and foster a sense of pride and belonging within the community through the power of public art. Replacing outdoor art overtime as needed and procuring new art for the City. Maintenance of art is also included in the annual cost. FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 250,000 250,000 250,000 150,000 — 900,000 Ongoing Financial Impact** — — — — — — USES TOTALS 250,000 250,000 250,000 150,000 — 900,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Public Art Acquisition is a worthwhile investment that will not only beautify our city but also promote cultural enrichment, economic development, social cohesion, and civic engagement. Continue to add new art pieces throughout the City to improve wayfinding and placemaking FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 30%50%10%—%10%—%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 48 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 8 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.INFRASTRUCTURE // 50 NUMBER:30 2022 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Rail Trail Segment 1 Bridge (Big Dry Creek - Oxford Station) - 30 2022 002DESCRIPTION: Pedestrian bridge over Oxford Avenue at Oxford Station (Community Development: Project Manager for planning/study Public Works: Project Manager for implementation/construction) FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — 500,000 2,000,000 — 2,500,000 Ongoing Financial Impact** — — — — — — USES TOTALS — — 500,000 2,000,000 — 2,500,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Provide a separation between pedestrians and automobiles at a dangerous intersection. Improve access to the Oxford light rail station. Provide pedestrian improvements in an area undergoing redevelopment. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%10%—%60%10%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 49 DRAFT PRELIMINARY CIP 2025 Pa g e 1 7 9 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:30 2022 004 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Rail Trail Segment 2 (Oxford Station - S. Platte River Trail) - 30 2022 004DESCRIPTION: Construct a pedestrian bridge over Hampden Avenue, connecting regional trail segments to the Oxford and Englewood stations. (Community Development: Project Manager for planning/study; Public Works: Project Manager for engineering/construction) FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — 500,000 4,000,000 — 4,500,000 Ongoing Financial Impact** — — — — — — USES TOTALS — — 500,000 4,000,000 — 4,500,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Increase safe pedestrian and bicycle access to Englewood and Oxford stations. Support an area of Englewood undergoing redevelopment.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%10%—%60%10%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 50 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 0 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 005 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Rail Trail Segment 3 (S. Platte River Trail - W. Bates Ave.) - 30 2022 005 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Construct a pedestrian bridge over Hampden Avenue, connecting regional trail segments to the Oxford and Englewood stations. (Community Development: Project Manager for planning/study; Public Works: Project Manager for engineering/construction) Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — 400,000 4,000,000 — 4,400,000 Ongoing Financial Impact** — — — — — — USES TOTALS — — 400,000 4,000,000 — 4,400,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Increase safe pedestrian and bicycle access to Englewood station. Support an area of Englewood that has seen residential redevelopment, with additional redevelopment in the area expected.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%10%—%60%10%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 51 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 1 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.TRAILS // 25 NUMBER:30 2022 006 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Southwest Greenbelt Trail (S. Cherokee St. - S. Windermere St.) - 30 2022 006 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Reconstruction of existing trail and new extension to Rail Trail at Windermere (Community Development: Project Manager for planning/ study Public Works: Project Manager for implementation/ construction) Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 350,000 3,000,000 — — 3,350,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 350,000 3,000,000 — — 3,350,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Increase safe pedestrian and bicycle access to Oxford Station from the regional system, adjacent neighborhoods and redeveloping areas.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%20%—%40%10%—%30% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 52 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 2 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 009 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Alley Maintenance - 30 2022 009 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Grading and application of dust suppressant on dirt alleys citywide as necessary to maintain smooth and durable driving surface. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 100,000 100,000 100,000 100,000 100,000 500,000 Ongoing Financial Impact** — — — — — — USES TOTALS 100,000 100,000 100,000 100,000 100,000 500,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: On-going maintenance needed to resolve traffic damage in dirt alleys citywide FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%80%10%—%10% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 53 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 3 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 010 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Alley Paving - 30 2022 010 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Paving of dirt alleys citywide starting with alleys behind Broadway businesses and those requiring the most maintenance due to traffic impacts or drainage issues. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 500,000 500,000 500,000 500,000 500,000 2,500,000 Ongoing Financial Impact** — — — — — — USES TOTALS 500,000 500,000 500,000 500,000 500,000 2,500,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Improve driving conditions, reduce maintenance needs, improve drainage conditions, reduce debris runoff FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%80%—%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 54 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 4 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 012 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:City-Wide Transportation Plan - 30 2022 012 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Completion of a transportation master plan, as a part of the Comprehensive Master Plan of all streets and intersections in the city to better anticipate future traffic needs due to anticipated growth and traffic generated from private development. The plan would allow the city to require developers to install roadway improvements as needed due to the traffic impact of their development. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 250,000 — — — — 250,000 Ongoing Financial Impact** — — — — — — USES TOTALS 250,000 — — — — 250,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: No transportation plan has ever been completed for the city that can be used for this purpose.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%10%10%30%10%—%40% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 55 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 5 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 013 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Broadway Reconstruction Evaluation - 30 2022 013 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Prepare preliminary plans & cost estimate for reconstruction of Broadway to better accommodate multi modal transportation in anticipation of federal transportation funding process in 2026. Would align with improvements recommended in the Broadway Corridor Study recently completed in conjunction with the City of Littleton. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — 100,000 — — 100,000 Ongoing Financial Impact** — — — — — — USES TOTALS — — 100,000 — — 100,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Broadway needs to be re-built to better accommodate multi-modal traffic and improve rideability and accessibility, FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%10%—%40%10%—%40% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 56 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 6 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 014 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Pavement Maintenance by Area - 30 2022 014 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annual program to apply preventative, corrective and routine maintenance techniques to city streets. Funding in addition to sales tax funding to primarily help with cost of necessary ADA ramp upgrades prior to street resurfacing work. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 500,000 750,000 1,000,000 1,000,000 1,000,000 4,250,000 Ongoing Financial Impact** — — — — — — USES TOTALS 500,000 750,000 1,000,000 1,000,000 1,000,000 4,250,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city streets; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%70%10%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 57 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 7 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 016 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Logan, Tufts to Oxford - 30 2022 016 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Street rehabilitation, including safety improvements Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — 2,800,000 — — 2,800,000 Ongoing Financial Impact** — — — — — — USES TOTALS — — 2,800,000 — — 2,800,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Pavement condition is poor; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%60%20%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 58 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 8 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 018 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Broadway, Yale to Hampden - 30 2022 018 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Street rehabilitation, including safety improvements and designated on-street bike lanes to better accommodate all users. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — 2,200,000 13,000,000 — 15,200,000 Ongoing Financial Impact** — — — — — — USES TOTALS — — 2,200,000 13,000,000 — 15,200,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Broadway needs to be re-built to better accommodate multi-modal traffic and improve rideability and accessibility FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%—%10%50% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 59 DRAFT PRELIMINARY CIP 2025 Pa g e 1 8 9 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 040 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Street Reconstruction - 30 2022 040 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Full depth reconstruction of street pavement section where warranted in areas of heavy truck traffic Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 500,000 500,000 500,000 500,000 500,000 2,500,000 Ongoing Financial Impact** — — — — — — USES TOTALS 500,000 500,000 500,000 500,000 500,000 2,500,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Pavement on certain streets is beyond the useful life and further maintenance processes will not restore them to adequate condition. Full reconstruction is warranted.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%80%20%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 60 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 0 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.TRAFFIC & LIGHTING SYSTEM // 10/20/25 NUMBER:30 2022 021 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Neighborhood Street Lighting by Area - 30 2022 021 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Install additional street lights, through Xcel Energy, in various locations Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 150,000 200,000 200,000 200,000 750,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 150,000 200,000 200,000 200,000 750,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Improve safety through enhanced lighting; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%30%20%—%50% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 61 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 1 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:30 1001 010 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Walk & Wheel Plan Implementation - 30 1001 010 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Implementation of elements of the City's Walk and Wheel Plan 2022 Update (attached) to improve accessibility for bikes and pedestrians in right of way corridors throughout the city. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 245,000 390,000 465,000 565,000 538,000 2,203,000 Ongoing Financial Impact** — — — — — — USES TOTALS 245,000 390,000 465,000 565,000 538,000 2,203,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The Walk and Wheel master plan identified several corridors for sidewalk and bike lane installation to complete the designated bike lane network around the city. This will help make the city easier and friendlier for pedestrians and cyclists to navigate through the city. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%10%—%—%40%30%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 62 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 2 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:30 2022 023 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Broadway Mid-Block Crossing at Gothic - 30 2022 023 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Install a mid-block crosswalk at the Gothic Theater for safer pedestrian crossing of Broadway. Includes enhanced markings and signage including rectangular rapid flashing beacon signal, a pedestrian refuge island in the center and concrete bulb outs to shorten crossing distance. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 200,000 500,000 — — 700,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 200,000 500,000 — — 700,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Provide safe, convenient alternative to crossing Broadway near the Gothic Theater.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%20%40%—%40% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 63 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 3 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 024 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Clarkson Bike Blvd, Hampden to Dartmouth - 30 2022 024 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Improve pedestrian and bicycle facilities on Clarkson by installing a designated bike lane on Clarkson in each direction. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 300,000 300,000 — — 600,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 300,000 300,000 — — 600,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Provide safe, convenient alternatives to driving FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%40%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 64 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 4 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:30 2022 025 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Hampden Rail Trail Pedestrian Bridge - 30 2022 025 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Improve pedestrian and bicycle facilities Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 250,000 5,000,000 — — 5,250,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 250,000 5,000,000 — — 5,250,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Provide safe, convenient alternatives to driving; Yes-Civic Center & NO- DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%40%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 65 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 5 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 1001 008 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Concrete Utility City Share - 30 1001 008 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annual program to repair damaged concrete curb & gutter, drain pans, etc. City's contribution to the Concrete Utility enterprise fund for concrete repair and replacement along city owned properties. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 350,000 350,000 350,000 350,000 350,000 1,750,000 Ongoing Financial Impact** — — — — — — USES TOTALS 350,000 350,000 350,000 350,000 350,000 1,750,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city infrastructure; NO-Civic Center & Possible-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%70%20%—%10% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 66 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 6 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 1002 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Concrete Program Accessible Ramps - 30 1002 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annual program to upgrade or install new pedestrian ramps in accordance with ADA Guidelines. Funding covers roughly 100 ramps of the total 2600 ramps throughout the city of which roughly two thirds need to be upgraded to new ADA standards. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 350,000 350,000 350,000 350,000 350,000 1,750,000 Ongoing Financial Impact** — — — — — — USES TOTALS 350,000 350,000 350,000 350,000 350,000 1,750,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Program is federally mandated to show on-going improvements to facilitate compliance; FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%50%—%10% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 67 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 7 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 026 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Sidewalk Gap Construction - 30 2022 026 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Install sidewalk in areas where none exist, based on priority Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 350,000 350,000 400,000 450,000 450,000 2,000,000 Ongoing Financial Impact** — — — — — — USES TOTALS 350,000 350,000 400,000 450,000 450,000 2,000,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Missing sidewalk segments inhibit the ability of pedestrians to access various areas of the city & decreases safety when they have to walk in the street; NO-Civic Center & Possible-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%70%10%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 68 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 8 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 027 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Belleview Ave, Fox St to Broadway - 30 2022 027 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Install sidewalk where none currently exists along Belleview between Fox St. and Broadway Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 200,000 1,300,000 — — 1,500,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 200,000 1,300,000 — — 1,500,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Missing sidewalk segments inhibit the ability of pedestrians to access various areas of the city & decreases safety when they have to walk in the street, particularly on busier roads such as Belleview.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%30%50%—%20%0.2 Strategic Plan Outcomes Total 100% City of Englewood, Colorado 69 DRAFT PRELIMINARY CIP 2025 Pa g e 1 9 9 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.TRAFFIC & LIGHTING SYSTEM // 10/20/25 NUMBER:30 2022 044 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Traffic Signal Replacement - 30 2022 044 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Replacement of traffic signals at selected intersections Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 750,000 750,000 750,000 750,000 3,000,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 750,000 750,000 750,000 750,000 3,000,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Replace dated or worn out traffic signal poles and equipment at selected intersections to ensure consistent, reliable and accurate operation of signal equipment. Signal poles are evaluated bi-annually for structural concerns. Several of the city's signals are now over 50 years old and are becoming more costly and less reliable to maintain. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%40%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 70 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 0 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.INFRASTRUCTURE // 50 NUMBER:30 2023 101 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Santa Fe PEL Bike-Ped Improvements - 30 2023 101 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Construct bike-ped improvements recommended in Santa Fe PEL study Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 300,000 — — — 300,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 300,000 — — — 300,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Joint project to construct priority projects with neighboring municipalities. City match funding FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%40%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 71 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 1 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 1001 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Transportation System Upgrade - 30 1001 003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Install diverter islands, signing or striping upgrades to improve street or intersection functionality citywide as determined by traffic engineering studies of various intersections where issues are identified. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 100,000 100,000 100,000 100,000 400,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 100,000 100,000 100,000 100,000 400,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: improves functionality and safety of roadway network FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%30%30%—%40% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 72 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 2 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.EQUIPMENT // 5-20 NUMBER:30 1001 013 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Signal Equipment Upgrade/Replacement - 30 1001 013 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Purchase of various equipment to maintain or upgrade operations of the existing traffic signals utilizing city staff Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 300,000 300,000 400,000 400,000 400,000 1,800,000 Ongoing Financial Impact** — — — — — — USES TOTALS 300,000 300,000 400,000 400,000 400,000 1,800,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city infrastructure; NO-Civic Center & Possible-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%30%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 73 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 3 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.TRAILS // 25 NUMBER:30 1001 014 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Dartmouth Rail Trail Bridge - 30 1001 014 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS This project would construct a bike and pedestrian bridge over Dartmouth Avenue just east of Santa Fe along the east side of the railroad tracks to connect the proposed rail trail across Dartmouth Avenue. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 500,000 4,500,000 — — 5,000,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 500,000 4,500,000 — — 5,000,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The bridge provides a separation between bikes, pedestrians and vehicles for users of the proposed rail trail to avoid having to cross at the nearest at grade crossing on Dartmouth Avenue at Fox St.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%40%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 74 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 4 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:30 2022 028 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Street Lights and Furniture repair/replacement - 30 2022 028 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annual repairs to city-owned street lights and Broadway street furniture Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 50,000 50,000 50,000 50,000 — 200,000 Ongoing Financial Impact** — — — — — — USES TOTALS 50,000 50,000 50,000 50,000 — 200,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city infrastructure; NO-Civic Center & Possible-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%20%—%40%20%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 75 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 5 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:CityCenter Englewood Station/S. Santa Fe Dr. Ped/ Bike Bridge - 30 2022 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Pedestrian bridge over Santa Fe Drive at Englewood Station (Community Development: Project Manager for planning/study; Public Works: Project Manager for engineering/construction) Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 300,000 5,000,000 — — 5,300,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 300,000 5,000,000 — — 5,300,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Provide a direct connection to the South Platte River Trail from Englewood Station. Enhance connections to the redeveloping central portion of the community from the west. Improve access to transit and enable expanded ridership on RTDs bus and light rail lines. Opportunity to coordinate with the planned redevelopment of CityCenter. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%20%—%40%10%—%30% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 76 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 6 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 1001 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Road & Bridge - 30 1001 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Covers costs of materials for in-house street maintenance crew work including road base, asphalt, rock and crack seal material Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 350,000 350,000 350,000 350,000 350,000 1,750,000 Ongoing Financial Impact** — — — — — — USES TOTALS 350,000 350,000 350,000 350,000 350,000 1,750,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Annual targeted street maintenance work is needed to extend the life of the pavement and prevent more costly repairs later. City crews are able to respond quickly to needs with material stockpiles available.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%70%20%—%10% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 77 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 7 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 033 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Implementation of Neighborhood Traffic Calming Program & Safe Routes to School initiatives - 30 2022 033 FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS DESCRIPTION:Request Request Request Request Request 5-Year Construct improvements to address speeding in neighborhoods and Safe Routes to Schools 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 250,000 250,000 250,000 250,000 250,000 1,250,000 Ongoing Financial Impact** — — — — — — USES TOTALS 250,000 250,000 250,000 250,000 250,000 1,250,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Improve safety in neighborhoods; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%10%—%—%20%40%—%10% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 78 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 8 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:30 2022 031 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:CityCenter Englewood Station Platform Shelter - 30 2022 031 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Wind break structure for pedestrians waiting for train at Englewood Station Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — 200,000 — — 200,000 Ongoing Financial Impact** — — — — — — USES TOTALS — — 200,000 — — 200,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Promote light rail ridership though the provision of a more comfortable rider experience; YES-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%30%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 79 DRAFT PRELIMINARY CIP 2025 Pa g e 2 0 9 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 035 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Broadway Safety Improvements - 30 2022 035 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Evaluate existing configuration, signage and striping at various intersections along Broadway and install minor improvements to improve safety for all users at various intersections as necessary. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 75,000 300,000 — — 375,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 75,000 300,000 — — 375,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Provide safety improvements for vehicles, bicyclists and pedestrians to help prevent accidents.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%—%100%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 80 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 0 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 1001 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Bridge Repairs - 30 1001 002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Bridge maintenance repair funding based on priorities identified in the bi-annual bridge inspection reports provided to the city. The last report was received in 2023 and identified several bridges in need of miscellaneous repairs, some more urgent than others. It is estimated this funding would cover needed repairs to two bridges each year. Repairs include corrosion damage, joint deterioration, isolated bridge deck failures and concrete girder spalling. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 500,000 500,000 250,000 250,000 250,000 1,750,000 Ongoing Financial Impact** — — — — — — USES TOTALS 500,000 500,000 250,000 250,000 250,000 1,750,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Bridge maintenance repairs prevent more costly future bridge repairs or potential failures FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%70%30%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 81 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 1 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 032 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Neighborhood Traffic Calming Program - 30 2022 032 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Establish a written program and policy around Neighborhood Traffic Calming Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 100,000 — — — — 100,000 Ongoing Financial Impact** — — — — — — USES TOTALS 100,000 — — — — 100,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Respond in a consistent manner to citizens; identify ways to address speeding in neighborhoods; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%50%—%10% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 82 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 2 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 038 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Arterial and Collector Street Pavement Maintenance - 30 2022 038 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Additional funding to repave Arterial and Collector Streets throughout the City as necessary as shown on the attached map. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 500,000 500,000 1,000,000 1,000,000 1,000,000 4,000,000 Ongoing Financial Impact** — — — — — — USES TOTALS 500,000 500,000 1,000,000 1,000,000 1,000,000 4,000,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Arterial and Collector street asphalt maintenance program outside of the routine residential area maintenance by zone program due to heavier traffic loading and more frequent maintenance needs. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%80%—%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 83 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 3 o f 4 5 5 PROJECT FUND:30-Public Improvement Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:30 2022 041 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Arterial and Collector Streets Sidewalk Widening to 6 feet where necessary - 30 2022 041 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Widen sidewalks on Arterial and Collector Streets to 6 feet where necessary Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 300,000 300,000 300,000 300,000 1,200,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 300,000 300,000 300,000 300,000 1,200,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Wider sidewalks create a safer and more comfortable pedestrian experience on the more highly traveled Arterial and Collector streets where there is more traffic volume traveling at higher speeds.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%30%—%20% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 84 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 4 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Capital Projects Fund (31) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $3,960,399 $4,025,000 $3,169,345 $4,816,054 Designated Funds for Projects Completion $4,001,554 Unappropriated Fund Balance $814,500 The Capital Projects Fund is a Capital Projects Fund and it does not have a dedicated revenue source of funds. This fund is reliant on transfers-in from the General Fund or the Public Improvement Fund to fund it's capital project requests. COM Tier 1 Neighborhood Signs - 31 1801 001 30,000 — — — — 30,000 IT Tier 1 Audio Visual Upgrades IT - 31 0701 012 30,000 30,000 30,000 50,000 50,000 190,000 IT Tier 1 Network Development IT - 31 0701 001 325,000 350,000 150,000 150,000 540,000 1,515,000 IT Tier 1 Patrol Cars MDTs and Other IT Equipment - 31 0701-014 375,000 100,000 100,000 100,000 100,000 775,000 IT Tier 1 PC Replacement IT - 31 0701 007 125,000 125,000 125,000 125,000 125,000 625,000 IT Tier 1 Security Cameras IT - 31 0701 008 150,000 50,000 50,000 50,000 50,000 350,000 PRLG Tier 1 Art in Public Places 1% Recreation - 31 1301 001 48,185 25,700 19,600 19,000 19,000 131,485 PRLG Tier 1 Emerald Ash Borer Mitigation - 31 1301 003 50,000 50,000 50,000 50,000 50,000 250,000 PRLG Tier 1 Library Furniture - 31 1301 006 50,000 — — — — 50,000 PRLG Tier 1 Library Single-Exit Feasibility Study & Construction 31 1301 004 130,000 — — — — 130,000 PW Tier 1 ADA Compliance Projects - 31 2022 020 150,000 150,000 150,000 150,000 150,000 750,000 PW Tier 1 City-Wide Facilities Energy Efficient Projects - 31 0202 001 3,850,000 — — — — 3,850,000 PW Tier 1 Civic Center 2nd Floor Carpet Replacements - 31 2022 015 100,000 — — — — 100,000 PW Tier 1 Facilities and Operations - 31 1005 001 2,058,500 835,000 325,000 325,000 — 3,543,500 PW Tier 1 Security Civic Center and Rec Center - 31 1005 009 20,000 20,000 20,000 20,000 20,000 100,000 PW Tier 2 Facility Backup Generators 31 2023 002 925,000 300,000 300,000 300,000 — 1,825,000 IT Tier 3 Fiber Network - 31 0701 019 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 PW Tier 3 Annual Common Area Furniture Replacement - 31 2022 019 15,000 15,000 15,000 —— 45,000 TOTALS 9,431,685 3,050,700 2,334,600 2,339,000 2,104,000 19,259,985 Request Request Request Request Request 5-Year Dept Priority Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 85 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 5 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.IMPROVEMENTS // 10/20/25/50 NUMBER:31 0202 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:City-Wide Facilities Energy Efficient Projects - 31 0202 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Energy efficient projects affecting several city facilities throughout the city. Projects include LED Lighting, building envelope, water conservation, Solar PV, HE Transformers, HVAC Upgrades, AHU Refurbished, EBCx/ BAS, Destrat Fans, Utility Management, and Power Management Systems. Facilities Impacted: Civic Center, Englewood Recreation Center, Malley Recreation Center, Service Center (ServiCenter), Pirates Cove, Broken Tee Golf Course, Jefferson Fire Station, Acoma Fire Station, Fox Street Annex, Englewood Police Headquarter, and Charles Allen Water Treatment Plant. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 3,850,000 — — — — 3,850,000 Ongoing Financial Impact** — — — — — — USES TOTALS 3,850,000 — — — — 3,850,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Improving the energy efficiency of city-wide facilities will generate initial energy savings of approximately $185,000 per year. $8,500,000 Total cost $1, 000,000 Inflation Reduction Act Funds - reimbursed once the improvements are operational or in-service $3,850,000 Capital Contribution City Match $3,650,000 Capital Contribution Grants and Other Financing FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%—%—%100%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 86 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 6 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Communications PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.SIGNAGE // 10/50 NUMBER:31 1801 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Neighborhood Signs - 31 1801 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Neighborhood Resources Program partners with neighborhoods throughout neighborhood to install neighborhood signage. Each neighborhood receives two entrance signs and 12 street sign toppers. In 2025, we would like to install signage in an additional 3 neighborhoods. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 30,000 — — — — 30,000 Ongoing Financial Impact** — — — — — — USES TOTALS 30,000 — — — — 30,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: There are many benefits to installing neighborhood signage. The signs help create a sense of place for residents, they enhance the neighborhood identity and pride and they provide neighborhood information to residents and visitors. The neighborhood map was adopted by council in 2022 so it is important for residents to identify what neighborhood they live in and the neighborhood signs help with that. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 75%25%—%—%—%—%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 87 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 7 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:WORKS OF ART.WORKS OF ART // Non-depreciable NUMBER:31 1301 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Art in Public Places 1% Recreation - 31 1301 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Enriching Urban Spaces: Art in Public Places" is the cities driven initiative aimed at enhancing public spaces through the integration of art installations. The project seeks to revitalize various areas within the city, transforming them into vibrant hubs that inspire creativity, foster community engagement, and promote cultural diversity. Art implementation in parks and public spaces. These art pieces will be in coordination with the Cultural Arts Commission. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 48,185 25,700 19,600 19,000 19,000 131,485 Ongoing Financial Impact** — — — — — — USES TOTALS 48,185 25,700 19,600 19,000 19,000 131,485 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Allocating 1% of the Public Improvement Capital Budget to art in public places is a strategic investment with numerous tangible and intangible benefits for the community. Some of the justifications for this allocation are: Enhanced Quality of Life, Community Engagement, Cultural Enrichment, Health and Well-being, and long term value. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 30%30%10%10%10%10%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 88 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 8 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:IMPROVEMENTS.LANDSCAPING // Non-depreciable NUMBER:31 1301 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Emerald Ash Borer Mitigation - 31 1301 003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Emerald Ash Borer (EAB) Mitigation Project aims to address the threat posed by the invasive emerald ash borer beetle to ash tree populations within community parks. This initiative involves proactive measures to monitor, manage, and mitigate the impacts of EAB infestations, including tree removal, replacement, and treatment, to preserve the health and diversity of urban forests and mitigate safety hazards. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 50,000 50,000 50,000 50,000 50,000 250,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 50,000 50,000 50,000 50,000 50,000 250,000 1. Ecological Preservation: The EAB Mitigation Project aims to preserve the health and diversity of urban forests by preventing the widespread mortality of ash trees, which are valuable components of park ecosystems and provide habitat for wildlife. 2. Safety Hazard Mitigation: Proactive management of EAB-infested ash trees reduces the risk of tree failure, limb drop, and falling debris, minimizing safety hazards and liability concerns for park visitors and adjacent properties. 3. Community Engagement: Involving community stakeholders in EAB awareness campaigns and mitigation efforts fosters a sense of ownership, pride, and environmental stewardship among residents, strengthening community bonds and promoting shared responsibility for park conservation. 4. Economic Impact Reduction: Early detection and intervention to mitigate EAB infestations can help reduce the economic impact, as well as mitigate the potential for damage to infrastructure and property values associated with declining tree health. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%10%10%—%—%20%60%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 89 DRAFT PRELIMINARY CIP 2025 Pa g e 2 1 9 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT: PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:31 1301 004 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Library Single-Exit Feasibility Study & Construction 31 1301 004 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The project aims to enhance safety, accessibility, and functionality at the library by redesigning the south entrance and installing emergency exits adjacent to the Perrin room and children's area. This comprehensive renovation project addresses critical aspects of patron safety and convenience, aligning with the library's commitment to providing a secure and inclusive environment for all visitors. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 130,000 — — — — 130,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 130,000 — — — — 130,000 Libraries serve as critical community hubs, fostering literacy, education, and social interaction. Ensuring the safety and accessibility of these spaces is paramount. The proposed changes to the library, including the south single entrance and the addition of emergency exits near the Perrin room and children's room, are essential for enhancing safety protocols and improving accessibility. The modifications to the library, including the establishment of a single entrance and the installation of emergency exits near the Perrin room and children's room, are vital steps toward enhancing safety protocols and improving accessibility for all patrons. These measures not only mitigate risks associated with emergencies but also promote inclusivity and equitable access to library resources. By prioritizing safety and accessibility, the library continues to fulfill its role as a welcoming and secure community space. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%25%—%—%40%25%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 90 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 0 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:31 1301 006 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Library Furniture - 31 1301 006 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Replace furniture throughout the library. This would include service desks, meeting room, and public computer table and chairs. Wooden tables and chairs upgraded with power outlets. Replacement of staff desks and Technical Services office. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 50,000 — — — — 50,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 50,000 — — — — 50,000 Many tables are damaged and have been disposed of and there are three different types of chairs used in the meeting room. Consistency of style and more durable furniture is desired. Many of the chairs have been broken and all are on wheels which can pose a safety hazard for patrons. The current computer tables are not adequately sized to allow for people to work at computers with papers spread out and several of the partitions separating workstations are broken. Having tables with outlet access will better serve patrons’ needs. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%10%10%10%30%30%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 91 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 1 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Information Technology PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.COMPUTER SYSTEMS // 3/4/5 NUMBER:31 0701 007 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:PC Replacement IT - 31 0701 007 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Workstation Refresh Program provides replacement workstations for employees and public use computing areas which are 4-years or older. The optimized hardware replacement strategy allows the city to maximize the productive use of our computers, while minimizing the cost of purchasing, provisioning and supporting computers. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 125,000 125,000 125,000 125,000 125,000 625,000 Ongoing Financial Impact** — — — — — — USES TOTALS 125,000 125,000 125,000 125,000 125,000 625,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Replacing a portion of the computer inventory every year minimizes disruption to city services and controls costs. Effected by CC Redevelopment: No FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%100%—%—%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 92 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 2 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Information Technology PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.COMPUTER SYSTEMS // 3/4/5 NUMBER:31 0701 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Network Development IT - 31 0701 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS This program funds equipment and software upgrades, expansion of the city's data, voice and storage network infrastructure. This project is continual with the goal of replacing end of life network equipment, ensuring network performance and reliability, and security. IT Infrastructure is a consolidation of the previous Network Development and Telecommunications capital projects. Network refresh project will replace network infrastructure that is coming up on End of Life for City facilities. This is a multi-year project to replace network equipment across that city that will incorporate industry standards to provide detailed planning and optimal use of IT resources. As part of the project the network will be redesigned to bring the city network up to those industry standards and to be more in line with policies from other government agencies such as CJIS and CISA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 325,000 350,000 150,000 150,000 540,000 1,515,000 Ongoing Financial Impact** — — — — — — USES TOTALS 325,000 350,000 150,000 150,000 540,000 1,515,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Proactively managing the life cycle of IT infrastructure equipment will safeguard the health and reliability of city systems Effected by CC Redevelopment: No, all infrastructure equipment can be relocated. Network infrastructure is at End of Life and will no longer be supported. Replacement of this gear will mitigate the risk of Network outages and access to critical infrastructure. By replacing the gear, the city has an opportunity to fix design inadequacies. Currently the City has a single point of failure at the Civic Center with a signal “Core” location. Funds for this project will allow for redundancy to be built so that the city can failover to a secondary core seamlessly. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%100%—%—%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 93 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 3 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Information Technology PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.EQUIPMENT // 5-20 NUMBER:31 0701 008 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Security Cameras IT - 31 0701 008 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Security Camera project provides for expansion and/or replacement of the City's Security Cameras. There is a network of cameras installed and widely used that needs to be maintained and updated for continued usability. As a result of security concerns, additional cameras are needed at Civic Center, as well as other facilities where security issues have been experienced. Additional storage will be necessary to meet retention requirements. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 150,000 50,000 50,000 50,000 50,000 350,000 Ongoing Financial Impact** — — — — — — USES TOTALS 150,000 50,000 50,000 50,000 50,000 350,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The City depends on security cameras as an investigative tool. Without the ability to upgrade existing cameras to ensure better quality video or add additional cameras where needed may place our employees and assets in a vulnerable situation. Multiple incidents have occurred where adequate security footage was not available as a result of poor camera coverage. Additional cameras are needed at Civic Center, Golf Maintenance, Pirates Cove, and other facilities to ensure that criminal activity is captured and that adequate storage is available to enter retention needs are met. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%40%—%60%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 94 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 4 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Information Technology PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:MACHINE & EQUIPMENT.COMPUTER SYSTEMS // 3/4/5 NUMBER:31 0701 019 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Fiber Network - 31 0701 019 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The Fiber Network project provides for the installation of high-speed fiber optic cable to several city facilities as well as provides the opportunity to take advantage of low-cost fiber opportunities when vendors work in the city's ROW. Funding in 2019 provides for the construction and installation of fiber to the Police Department. Budget years 2020-2023 provides high-speed fiber and/or redundancy to PD, Pirates Cove, Rec Center, Golf, Allen Plant, WWTP, Service Center and Malley Center. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 Ongoing Financial Impact** — — — — — — USES TOTALS 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 5,000,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: City facilities use carrier services for internet share bandwidth, effecting the response time for business applications Effected by CC Redevelopment: Yes, from the ROW to Civic Center; however, it could be repurposed. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%100%—%—%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 95 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 5 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Information Technology PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.COMPUTER SYSTEMS // 3/4/5 NUMBER:31 0701 014 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Patrol Cars MDTs and Other IT Equipment - 31 0701-014 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The MDT replacement program provides replacement rugged laptop computers and associated technology for public safety staff in patrol cars and in the office. This optimized hardware replacement strategy allows the City to maximize productive use of rugged computers, while minimizing the cost of purchasing, provisioning, and supporting aging computers and reduces downtime for public safety staff due to hardware malfunctions related to aging hardware. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 375,000 100,000 100,000 100,000 100,000 775,000 Ongoing Financial Impact** — — — — — — USES TOTALS 375,000 100,000 100,000 100,000 100,000 775,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The Information Technology department will need to replace the entire aging fleet of rugged computers and docking stations that are currently deployed for the Police Department Patrol staff, and Code Enforcement staff. The computers will reach end of life in 2025 and support will no longer be provided. A cost to replace this in-car infrastructure and the MDT computers will be 375,000 and will include docking stations and a 3-year total care warranty. The current fleet of computers and docks were deployed and have been maintained with the current fleet of vehicles. This in conjunction with the expiration of the current computer warranty in 2025 puts us at risk for extended downtime related to hardware repairs. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%80%—%20%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 96 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 6 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Information Technology PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.COMPUTER SYSTEMS // 3/4/5 NUMBER:31 0701 012 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Audio Visual Upgrades IT - 31 0701 012 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS This program funds audiovisual equipment, software upgrades, enhancements, service, and support for the audiovisual needs in City Facilities. The audiovisual needs of the organization are growing rapidly. This project is continual with the goal of maintaining existing audiovisual equipment, replacing end of life equipment, implementing new audiovisual technologies, and ensuring performance and reliability. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 30,000 30,000 30,000 50,000 50,000 190,000 Ongoing Financial Impact** — — — — — — JUSTIFICATION: USES TOTALS 30,000 30,000 30,000 50,000 50,000 190,000 Seamless and effective audiovisual equipment allows the City to enhance their communication with residents, fostering greater community engagement and more effective dissemination of important information. Audiovisual capabilities enable us to livestream council meetings, public hearings, and other governmental proceedings, promoting transparency and accountability. Accessible recordings of these events allow residents to stay informed and participate in civic matters, even if they cannot attend in person. Audiovisual technology in City meeting rooms enables City staff to access meeting materials and engage in discussion from remote locations. Improving and maintaining audiovisual systems ensures these systems remain operational and continue to offer advanced meeting capabilities. *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 30%—%—%60%—%—%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 97 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 7 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:31 2022 015 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Civic Center 2nd Floor Carpet Replacements - 31 2022 015 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Replace carpet in Community Room, offices, and atrium. These areas are heavily used by community members, employees and law enforcement. We will need to replace the cove base and the carpet and update to a higher quality flooring. This is typically one of the first areas everyone see's when they walk into the Civic Center. This is approximately 15000 sqft. of carpet on the second level. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 100,000 — — — — 100,000 Ongoing Financial Impact** — — — — — — USES TOTALS 100,000 — — — — 100,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Urgent maintenance is needed to maintain & improve the condition of city facilities. This carpet is past its life with the amount of use each day; YES-Civic Center & Possible-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%20%—%10%10%40%10%—% Strategic Plan Outcomes Total 100% \ City of Englewood, Colorado 98 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 8 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:31 1005 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Facilities and Operations - 31 1005 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS General upgrades and replacement for City facilities including: Civic Center, Englewood Recreation Center, Malley Recreation Center, Golf Course Maintenance, Pirates Cove, Jefferson Fire Station, and Acoma Fire Station. Examples of projects include replacements of roofs, HVAC systems, interior and exterior painting, lighting upgrades, energy audit implementation and similar remodeling projects. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 2,058,500 835,000 325,000 325,000 — 3,543,500 Ongoing Financial Impact** — — — — — — USES TOTALS 2,058,500 835,000 325,000 325,000 — 3,543,500 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city facilities.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%20%—%40%—%40%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 99 DRAFT PRELIMINARY CIP 2025 Pa g e 2 2 9 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:31 2022 020 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:ADA Compliance Projects - 31 2022 020 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Funding to construct improvements or modifications to City facilities to meet ADA standards based on recommendations in the Citywide ADA Assessment report. This report is in the process of being built by a third party company. This will cover all city assets city wide from sidewalks, crosswalks, city buildings, and parking lots. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 150,000 150,000 150,000 150,000 150,000 750,000 Ongoing Financial Impact** — — — — — — USES TOTALS 150,000 150,000 150,000 150,000 150,000 750,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Once deficiencies are identified in the ADA Assessment report, a transition plan and funding is necessary to begin implementing and addressing those deficiencies. This RFP is in the process of moving forward pending contract negotiations. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%20%—%—%10%40%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 100 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 0 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:31 1005 009 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Security Civic Center and Rec Center - 31 1005 009 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annual funding to construct security improvement modifications at city facilities as identified in the security assessment report. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 20,000 20,000 20,000 20,000 20,000 100,000 Ongoing Financial Impact** — — — — — — USES TOTALS 20,000 20,000 20,000 20,000 20,000 100,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Physical security features make facilities safer for staff and assist security officers in maintaining safety in all facilities.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%20%—%30%10%30%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 101 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 1 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Public Works PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:MACHINE & EQUIPMENT.EQUIPMENT // 5-20 NUMBER:31 2022 019 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Annual Common Area Furniture Replacement - 31 2022 019 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annual allocation to replace furniture in common areas such as meeting rooms at the Civic Center. Does not include offices, suites, or the library. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 15,000 15,000 15,000 — — 45,000 Ongoing Financial Impact** — — — — — — USES TOTALS 15,000 15,000 15,000 — — 45,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Furniture is worn out and needs to be replaced on a scheduled basis to maintain the appearance of the city's buildings.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%100%—%—%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 102 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 2 o f 4 5 5 PROJECT FUND:31-Capital Projects Fund DEPARTMENT:Public Works PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:31 2023 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Facility Backup Generators 31 2023 002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Facilities Back Up Generators for Service Center, Malley Senior Recreation Center, Acoma Fire department, and Englewood Recreation Center. These facilities currently do not have any kind of power back up to cover the buildings heating, cooling, lights or pumps. This will help keep these buildings running during storms and power outages. This will also improve the main electrical switch feeding each building. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 925,000 300,000 300,000 300,000 — 1,825,000 Ongoing Financial Impact** — — — — — — USES TOTALS 925,000 300,000 300,000 300,000 — 1,825,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Backup generators are not currently in place at the Service Center, Malley Senior Recreation Center or Englewood Recreation Center causing building systems to shut down and the facilities to close during power outages. This will keep our buildings from freezing causing pipe breaks and water damage. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%25%—%—%50%25%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 103 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 3 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Water Fund (40) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $16,104,868 $32,130,000 $47,550,811 $684,057 The Water Fund is an Enterprise Fund and its main revenue source is from user fees. UTIL Allen WTP EI&C Improvements (WIFIA) 40 30005-003 430,020 430,020 430,020 517,000 — 1,807,060 UTIL Allen WTP Space Improvements Phase II – Construction (WIFIA) 40 30011-003 2,169,300 — — — — 2,169,300 UTIL AWTP PLC Upgrades - 40 30005-004 (WIFIA) 635,000 635,000 635,000 — — 1,905,000 UTIL AWTP Stucco & Painting - 40 30006-004 (WIFIA) 250,000 — — — — 250,000 UTIL City Ditch Piping Project (Cash) 40 30001-002 6,700,320 3,916,720 — — — 10,617,040 UTIL Denver Water Emergency Interconnect (WIFIA) 40 30025-002 620,400 — — — — 620,400 UTIL Finished Water Pump Station Construction - 40 30005-005 (WIFIA) 1,000,000 — — — — 1,000,000 UTIL Lead Reduction Program Manager (WIFIA/ARPA) 40 30017-002 1,330,000 1,330,000 — — — 2,660,000 UTIL Lead Reduction SRF 40 30023-003 12,023,500 15,403,500 — — — 27,427,000 UTIL Meadow Creek Improvements Design (Denver Water) - 40 30001-003 (Cash) 36,000 — — — — 36,000 UTIL Old Hampden Improvements (Cash) 40 30010-003 2,000,000 100,000 — — — 2,100,000 UTIL Pump Station Improvements (Program) (WIFIA) 40 30003-003 1,116,720 2,233,440 2,233,440 2,233,440 2,233,440 10,050,480 UTIL ServiCenter Space Improvements – Construction (WIFIA) 40 30024-003 1,203,300 — — — — 1,203,300 UTIL Solids Handling Improvement Construction - 40 30016-004 (WIFIA) 2,000,000 — — — — 2,000,000 UTIL Water Meter Improvements (WIFIA) 40 30008-003 1,250,086 — — — — 1,250,086 UTIL Allen WTP Process Improvements (WIFIA) 40 30002-002 — 2,000,000 2,000,000 2,000,000 — 6,000,000 UTIL Annual Waterline Replacement – Construction (Cash) 40 30004-003 — 1,000,000 1,000,000 1,000,000 2,233,440 5,233,440 UTIL Meadow Creek Improvements Construction (Denver Water) - 40 30001-004 (Cash) — 354,150 664,200 — — 1,018,350 UTIL Water Supply Projects (Program) (Cash) 40 30022-002 — — 1,569,240 2,233,440 2,233,440 6,036,120 UTIL Annual Valve Replacement (Cash) 40 30012-003 — — — — 227,480 227,480 UTIL Annual Waterline Replacement – Design (Cash) 40 30004-002 — — — — 165,440 165,440 TOTALS 32,764,646 27,402,830 8,531,900 7,983,880 7,093,240 83,776,496 Request Request Request Request Request 5-Year Dept Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 104 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 4 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.PROCESS EQUIPMENT // 5/10/20/25 NUMBER:40 30005 004 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:AWTP PLC Upgrades - 40 30005-004 (WIFIA) DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS This work is to address the Programmable Logic Controllers (PLCs) equipment at the AWTP. Work will involve procurement of necessary parts, programming of the hardware and installation. Installation will occur in a number of areas around the AWTP including the Pretreat Area, UV Area, Chemical Area and Zone area. This project is WIFIA funded. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 635,000 635,000 635,000 — — 1,905,000 Ongoing Financial Impact** — — — — — — USES TOTALS 635,000 635,000 635,000 — — 1,905,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The existing PLCs at the AWTP have reached the end of their useful life. They have been assessed to be beyond the scope of regular repair and maintenance thereby requiring upgrades. There is a need to update this equipment in order to ensure safe and reliable water treatment. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%25%—%—%25%25%25%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 105 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 5 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:40 30006 004 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:AWTP Stucco & Painting - 40 30006-004 (WIFIA) DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Work at the AWTP as part of the Space Improvements to address aging stucco and paint. Work will involve removing deteriorated stucco and painting in areas identified and applying new stucco and paint per manufacturer's instructions. Work will be performed around the site. This project is WIFIA funded. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 250,000 — — — — 250,000 Ongoing Financial Impact** — — — — — — USES TOTALS 250,000 — — — — 250,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The existing state of stucco and paint at the AWTP needs to be addressed for the benefit of the employees who work at the AWTP. New stucco and paint is required in order to provide them a clean and safe workspace. Additionally, it will benefit both the perception of the public that may experience tours at the plant and that of the consultants who work with Utilities at this facility. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%10%—%—%30%25%25%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 106 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 6 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:40 30011 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Allen WTP Space Improvements Phase II – Construction (WIFIA) 40 30011-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Construct new office and meeting space at Allen WTP, on the south side of the site. This space will house all of the Engineering and Environmental Compliance staff. The intent is to provide a more permanent, comfortable and usable work area for the staff on both teams to increase organizational and co-ordinational efficiency. This project is funded by WIFIA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 2,169,300 — — — — 2,169,300 Ongoing Financial Impact** — — — — — — USES TOTALS 2,169,300 — — — — 2,169,300 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Insufficient operations, maintenance, office and meeting space at existing Allen WTP facility. This current lack of space increases the difficulty and inconvenience of efficiently carrying out operations and coordination at the plant. The intent of the project is to address a number of items related to these issues in turn. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%25%25%—%30%20%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 107 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 7 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:40 30024 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:ServiCenter Space Improvements – Construction (WIFIA) 40 30024-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Construct new office and meeting space at the ServiCenter. This will include 7 individual offices, an open office floor space, locker rooms, conference room, kitchenette and outdoor patio. The existing vehicle bays will remain and two new drive-through bays will be added, along with regrading and paving of an area northwest of the facility for enhanced vehicle circulation. This project is funded by WIFIA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 1,203,300 — — — — 1,203,300 Ongoing Financial Impact** — — — — — — USES TOTALS 1,203,300 — — — — 1,203,300 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Insufficient office and meeting space for Utilities staff at ServiCenter. The intent of this project is to provide adequate space for Utilities staff at the Servicenter to increase work efficiency and capacity to perform essential job duties. The current Servicenter is aged and too small for this to be addressed through only a remodel effort. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%25%25%—%15%10%—%25% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 108 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 8 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.PROCESS EQUIPMENT // 5/10/20/25 NUMBER:40 30005 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Allen WTP EI&C Improvements (WIFIA) 40 30005-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Modernize outdated and aging instrumentation and control systems. Perform electric systems upgrades to improve safety and reliability. Items that will be addressed include electrical feed design and construction, PLC upgrades, SCADA virtualization, remote site instrumentation and radio upgrades, power improvements and finished water pump station design and construction. This project is funded by WIFIA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 430,020 430,020 430,020 517,000 — 1,807,060 Ongoing Financial Impact** — — — — — — USES TOTALS 430,020 430,020 430,020 517,000 — 1,807,060 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Identified as a priority project in the 2020 Master Plan. It is necessary to improve safety and reliability through new and upgraded equipment. The electrical and instrumentation equipment currently in place is no longer suitable for reliable use. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%25%25%—%25%25%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 109 DRAFT PRELIMINARY CIP 2025 Pa g e 2 3 9 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.PROCESS EQUIPMENT // 5/10/20/25 NUMBER:40 30005 005 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Finished Water Pump Station Construction - 40 30005-005 (WIFIA) DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The City of Englewood’s Allen Water Treatment Plant (WTP) houses two high service pump stations (HSPS) for two primary pressure zones, Zone 1 and Zone 2. Several condition assessments have been conducted on the two high service pump stations, revealing that most of the equipment is deemed to have exceeded its useful life and is currently in poor to fair condition. This includes critical electrical, instrumentation, and controls (EI&C) equipment. This project will be the construction execution of the design phase which will present the City with a number of options on how to best address the condition of the pumps. This project is slated to use WIFIA funding. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 1,000,000 — — — — 1,000,000 Ongoing Financial Impact** — — — — — — USES TOTALS 1,000,000 — — — — 1,000,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM JUSTIFICATION:Request Request Request Request Request The existing finished water pumps at the AWTP are experiencing a number of ongoing issues. This includes increased maintenance and rebuilds, valves no longer operating as designed and obsolete EI&C equipment. It is necessary for these pumps to be replaced in order to ensure reliable and safe operation of the water treatment system at the AWTP. 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%25%25%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 110 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 0 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30023 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Lead Reduction SRF 40 30023-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS This is the portion of the City's lead reduction initiative that will be funded by the State Revolving Fund loan. The work will include excavation, removal of old lines, installation of new lines and disposal of the removed hardware. Locations identified vary from system- owned to customer-owned lines and are located across the City. The project is intended to take multiple years to complete given the amount of lines that are slated to be replaced, which is estimated to be approximately 4000. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 12,023,500 15,403,500 — — — 27,427,000 Ongoing Financial Impact** — — — — — — USES TOTALS 12,023,500 15,403,500 — — — 27,427,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The City must comply with the Federal Lead and Copper Rule Revisions by the end of 2024. Given that this is a federal requirement, the City has a lawful obligation to perform this work. Removing the aged lead lines will also serve to increase the resiliency and dependability of the water distribution system. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%25%—%—%25%25%25%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 111 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 1 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 4 = Low (Funding within 1-4 Years)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30004 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Annual Waterline Replacement – Design (Cash) 40 30004-002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annually recurring waterline replacement – 2024 program design. Design will include approximately 6,700 linear feet of 16-inch, 14-inch and 12-inch water main replacement/relocation and water service line reconnections/replacements. An evaluation of alternative methods for water main rehabilitation beyond open-cut water main replacement (such as lining of the water main with CIPP, slip lining or similar technologies) will also be considered as part of this effort. This project is funded by cash. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — — — 165,440 165,440 Ongoing Financial Impact** — — — — — — USES TOTALS — — — — 165,440 165,440 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Replace aging infrastructure at end of service life. The reaches of water lines identified have achieved the end of their useful life and are showing signs of inoperability, be it through excessive leakage or excessive scaling. In order to maintain the integrity of the water distribution system, these lines will need to be addressed accordingly. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 112 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 2 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30004 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Annual Waterline Replacement – Construction (Cash) 40 30004-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annually recurring waterline replacement – 2024 construction. Construction will include approximately 6,700 linear feet of 16-inch, 14-inch and 12-inch water main replacement/relocation and water service line reconnections/replacements. Locations will be throughout the City. This project is funded by cash. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 1,000,000 1,000,000 1,000,000 2,233,440 5,233,440 Ongoing Financial Impact** — — — — — — USES TOTALS — 1,000,000 1,000,000 1,000,000 2,233,440 5,233,440 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Replace aging infrastructure at end of service life. The reaches of water lines identified have achieved the end of their useful life and are showing signs of inoperability, be it through excessive leakage or excessive scaling. In order to maintain the integrity of the water distribution system, these lines will need to be addressed accordingly. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 113 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 3 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30025 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Denver Water Emergency Interconnect (WIFIA) 40 30025-002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Construct emergency potable water interconnections from Denver Water to Englewood's Service Area capable of providing emergency water service to Englewood's customers. This will include two emergency interconnects that will be capable of providing 100% of Englewood water demand in case of emergency where Englewood's own potable water supply is affected. One of the interconnects will be located at E Oxford Ave and S Clarkson St and the other will be located at E Chenango Ave and S Clarkson St. This project is funded by WIFIA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 620,400 — — — — 620,400 Ongoing Financial Impact** — — — — — — USES TOTALS 620,400 — — — — 620,400 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Provide redundancy to the City's potable water service in the event of a system emergency. Currently the City would have no way to supply potable water to the Citizens of Englewood in the event that the current water supply is affected. By adding the interconnects as redundant measure to ensure supply in case of this hypothetical, the City will increase the resiliency of it's distribution system and potable water sources. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 114 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 4 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30008 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Water Meter Improvements (WIFIA) 40 30008-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS A full-scale conversion from antiquated electromechanical meters to the full digital Advanced Metering Infrastructure (AMI) system. This will include replacement of indoor and outdoor customer meters across the city along with installation and integration of other system components such as gateway collectors and billing software. Meters that are not able to be converted by the Contractor due to reasonable justifications will be addressed by City crews. This project is funded by WIFIA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 1,250,086 — — — — 1,250,086 Ongoing Financial Impact** — — — — — — USES TOTALS 1,250,086 — — — — 1,250,086 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The current metering hardware is outdated and has not been calibrated for some time. This results in inaccurate revenue reporting for the Utilities department. Current meter reading is also required to be done manually. Modernizing to the AMI system will ensure that the City is metering accurately and able to allocate technician hours to more pressing matters than manual reads. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 115 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 5 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30001 004 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Meadow Creek Improvements Construction (Denver Water) - 40 30001-004 (Cash) DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The intent of this work is to construct a number of improvements to the City's Meadow Creek reservoir. These will include a new upstream control capable of being actuated from the dam that will result in beneficial process changes pertaining to reservoir outlet inspection. The outlet currently requires the reservoir to be drained during each 10-year inspection and these improvements will make it so that the reservoir does not need to be drained for the inspection to be performed. This project is cash funded. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 354,150 664,200 — — 1,018,350 Ongoing Financial Impact** — — — — — — USES TOTALS — 354,150 664,200 — — 1,018,350 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Implementing this work will result in a number of benefits for the Utility. Primarily, the benefits will be realized in the form of significant cost savings relating to reservoir maintenance. After the improvements, the reservoir will not need to be drained in order for the outlet to be inspected and the use of divers will also no longer be necessary. Additionally, this improvement will serve to boost system resiliency and overall emergency preparedness. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%50%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 116 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 6 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30001 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Meadow Creek Improvements Design (Denver Water) - 40 30001-003 (Cash) DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The intent of this work is to provide the design for a number of improvements to the City's Meadow Creek reservoir. These will include a new upstream control capable of being actuated from the dam that will result in beneficial process changes pertaining to reservoir outlet inspection. The outlet currently requires the reservoir to be drained during each 10-year inspection and these improvements will make it so that the reservoir does not need to be drained for the inspection to be performed. This project is cash funded. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 36,000 — — — — 36,000 Ongoing Financial Impact** — — — — — — USES TOTALS 36,000 — — — — 36,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Implementing this work will result in a number of benefits for the Utility. Primarily, the benefits will be realized in the form of significant cost savings relating to reservoir maintenance. After the improvements, the reservoir will not need to be drained in order for the outlet to be inspected and the use of divers will also no longer be necessary. Additionally, this improvement will serve to boost system resiliency and overall emergency preparedness. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 117 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 7 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:RAW WATER RIGHTS.RAW WATER RIGHTS // Non-depreciable NUMBER:40 30001 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:City Ditch Piping Project (Cash) 40 30001-002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Pipe the approximately 2.5 miles of open channel reach of Englewood’s City Ditch between the City’s McLellan Pump Station and the Allen Water Treatment Plant (AWTP). The open channel reaches within the scope of this project are between the headgate at Chatfield Reservoir and the North Reservoir at the AWTP, which comprises four separate open channel reaches at a total length of approximately 2.5 miles. It is anticipated that the majority of the work will be conducted outside of Englewood City limits in the City of Littleton. This project is funded by cash. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 6,700,320 3,916,720 — — — 10,617,040 Ongoing Financial Impact** — — — — — — USES TOTALS 6,700,320 3,916,720 — — — 10,617,040 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Piping open channels reaches and the possible replacement of existing pipe between Chatfield Reservoir and the AWTP provides many advantageous to the City. They include an overall improvement of water quality by increasing capacity and allowing for year-round operations of the City Ditch RWDS. It also improves system resiliency, improves safety, and reduces energy and annual operating costs for raw water delivery. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 118 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 8 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.PROCESS EQUIPMENT // 5/10/20/25 NUMBER:40 30016 004 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Solids Handling Improvement Construction - 40 30016-004 (WIFIA) DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The purpose of this work is to improve solids handling capabilities at AWTP by improving existing infrastructure to minimize life cycle costs. This includes the replacement of the solids dredge, solids tank aeration blower, solids feed pump, and belt filter press located in the mechanical dewatering building. This project is funded by WIFIA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 2,000,000 — — — — 2,000,000 Ongoing Financial Impact** — — — — — — USES TOTALS 2,000,000 — — — — 2,000,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: While City staff performs seasonal removal and dewatering via the belt-filter press, the solids production rate exceeds the removal capacity of the current mechanical dewatering system. The system is also at the end of its useful life. Over time, the solids have slowly settled and accumulated at the bottom of the South Reservoir. As a result, the City has utilized dewatering contractors to remove the excess accumulation in 2022 and 2023. As of October 2023, an estimated 2,500 dry tons of solids remains in the South Reservoir. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 119 DRAFT PRELIMINARY CIP 2025 Pa g e 2 4 9 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30003 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Pump Station Improvements (Program) (WIFIA) 40 30003-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Rehabilitate aging infrastructure at the raw water and finished water pump stations. This effort is to include Clarkson & Hampden, Union Ave and McLellan pump stations. It will comprise of both the design and construction phases. This work is funded by WIFIA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 1,116,720 2,233,440 2,233,440 2,233,440 2,233,440 10,050,480 Ongoing Financial Impact** — — — — — — USES TOTALS 1,116,720 2,233,440 2,233,440 2,233,440 2,233,440 10,050,480 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Identified as a priority project in the 2020 Master Plan. The pump stations convey water to the three pressure zones identified and their functionality is at risk due to their aging components. This needs to be addressed in order to maintain adequate pressure in our distribution system. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 120 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 0 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:MACHINE & EQUIPMENT.PROCESS EQUIPMENT // 5/10/20/25 NUMBER:40 30002 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Allen WTP Process Improvements (WIFIA) 40 30002-002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS A number of processes at the AWTP are due for improvements based on known needs and issues identified during the WTP evaluation. These issues are largely made up of aging equipment that's reached it's end of useful life along with some changes to maintenance practices and established processes, This project will involve the design and construction of facility improvements, including, but not limited to, solids handling, chemical feed improvements, and filter improvements in turn. This project is funded by WIFIA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — 2,000,000 2,000,000 2,000,000 — 6,000,000 Ongoing Financial Impact** — — — — — — USES TOTALS — 2,000,000 2,000,000 2,000,000 — 6,000,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Identified as a priority project in the 2020 Master Plan. The master plan discusses the aging infrastructure of the plant related to this work along with operational best practice regarding plant operation and maintenance. The Allen WTP Process Improvements work is intended to address the commentary provided from the Master Plan in order to contribute to plant resiliency and efficiency of operation. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%10%10%—%20%20%40%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 121 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 1 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30010 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Old Hampden Improvements (Cash) 40 30010-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Replace 18-inch water main near end of useful life as part of Old Hampden Improvements. This replacement will run approximately from Broadway to Clarkson Street. It includes the water pipe network along Hampden Ave. at four major intersections of Broadway, Sherman Street, Logan Street, and Clarkson Street. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 2,000,000 100,000 — — — 2,100,000 Ongoing Financial Impact** — — — — — — USES TOTALS 2,000,000 100,000 — — — 2,100,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Replace aging infrastructure near end of useful life. The existing main at this location is in a condition such that it cannot be repaired any longer and is need of replacement. Replacing this main will serve to enhance the functionality and resiliency of the City's water distribution system. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 122 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 2 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:0.5 PRIORITY:Tier 4 = Low (Funding within 1-4 Years)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30012 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Annual Valve Replacement (Cash) 40 30012-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annually recurring critical valve replacement. This includes a variety of valves that are identified as critical and in-need to replacement, ranging from 4 inch to 12 inch valves of different formats. Locations of the replacements vary across the City on a needs basis. This project is funded by cash. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — — — 227,480 227,480 Ongoing Financial Impact** — — — — — — USES TOTALS — — — — 227,480 227,480 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Replace aging infrastructure at end of service life. A significant number of valves in the water distribution system are no longer in reliable operating conditions. Their age has made them susceptible to rusting, scaling and difficulty of operation. To ensure safe and resilient operating conditions of the water distribution system, these valves need to be changed out. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 123 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 3 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:40 30017 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Lead Reduction Program Manager (WIFIA/ARPA) 40 30017-002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Initiate the City's Lead Reduction Program by developing a service line inventory, a communications plan, and a service line replacement strategy. This is the initial phase of the overall Lead Service Line Program and is intended to complete the necessary planning and coordination steps prior to initiation of the replacements. A service line inventory was completed in 2023. This work is funded by WIFIA and ARPA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 1,330,000 1,330,000 — — — 2,660,000 Ongoing Financial Impact** — — — — — — USES TOTALS 1,330,000 1,330,000 — — — 2,660,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The City must comply with the Federal Lead and Copper Rule Revisions by the end of 2024. Given that this is a federal requirement, the City has a lawful obligation to perform this work. Removing the aged lead lines will also serve to increase the resiliency and dependability of the water distribution system. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%50%—%—%25%—%25%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 124 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 4 o f 4 5 5 PROJECT FUND:40-Water Fund DEPARTMENT:Utilities PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:RAW WATER RIGHTS.RAW WATER RIGHTS // Non-depreciable NUMBER:40 30022 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Water Supply Projects (Program) (Cash) 40 30022-002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Water Supply Projects to improve infrastructure and sustainability of the City's water resource portfolio. Projects are cash or grant funded with no WIFIA or SRF funding involved. Projects range from piping, diversions, general improvements and studies. This work is funded by cash. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* — — 1,569,240 2,233,440 2,233,440 6,036,120 Ongoing Financial Impact** — — — — — — USES TOTALS — — 1,569,240 2,233,440 2,233,440 6,036,120 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Improve infrastructure within the City's water resource portfolio. The intent of this effort is to bolster the resiliency and reliability of the water distribution system in an effort to ultimately increase it's sustainability. Doing so will allow the Utility to operate in a more efficient and effective way knowing that the water distribution system is having it's needs addressed. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%25%—%—%50%—%25%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 125 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 5 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Sewer Fund (41) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $3,952,265 $26,411,000 $29,018,830 $1,344,435 The Sewer Fund is an Enterprise Fund and its main revenue source is from user fees. UTIL Allen WTP Space Improvements Phase II – Construction (Cash) 41 30004-003 929,700 — — — — 929,700 UTIL ServiCenter Space Improvements – Construction (Cash) 41 30006-003 515,700 — — — — 515,700 UTIL Sewer Pipe and Manhole Rehab (Cash) 41 30001-003 480,000 480,000 480,000 480,000 430,000 2,350,000 UTIL SPR CIP Budget (50/50) (WIFIA/Cash) 41 30002-002 7,675,000 6,683,500 7,602,500 8,244,000 6,639,000 36,844,000 UTIL Water Meter Improvements (WIFIA) - 41 30008-003 256,042 — — — — 256,042 TOTALS 9,856,442 7,163,500 8,082,500 8,724,000 7,069,000 40,895,442 Request Request Request Request Request 5-Year Dept Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 126 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 6 o f 4 5 5 PROJECT FUND:41-Sewer Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.SEWER COLLECTION SYSTEM // 50 NUMBER:41 30001 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Sewer Pipe and Manhole Rehab (Cash) 41 30001-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Rehab degraded sewer pipe and manholes. The methodology expected to be used is cured-in-place repairs or open cut repairs. This will occur at locations throughout the Utility service area in the City of Englewood. This project is funded by cash. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 480,000 480,000 480,000 480,000 430,000 2,350,000 Ongoing Financial Impact** — — — — — — USES TOTALS 480,000 480,000 480,000 480,000 430,000 2,350,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: This project is listed as Project No. CIP-SW-004 (or S3c) and CIP- SW-005 (S4) in the Stormwater Master Plan and will address an area that has experienced repeated flooding events. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 127 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 7 o f 4 5 5 PROJECT FUND:41-Sewer Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.INFRASTRUCTURE // 50 NUMBER:41 30002 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:SPR CIP Budget (50/50) (WIFIA/Cash) 41 30002-002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS South Platte Renew Capital Expenses – split 50/50 with the City of Littleton. Funding sources will include Cash and WIFIA. Funding will be exclusively for SPR's CIP budget. This is WIFIA or cash funded. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 7,675,000 6,683,500 7,602,500 8,244,000 6,639,000 36,844,000 Ongoing Financial Impact** — — — — — — USES TOTALS 7,675,000 6,683,500 7,602,500 8,244,000 6,639,000 36,844,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: City of Englewood owns 50% of South Platte Renew. The City of Englewood in turn has a legal obligation to finance it's share of SPR's capital expenses on an annual basis. Funding SPR is necessary to the treatment of wastewater for both Englewood and Littleton Utility customers. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%25%—%—%25%25%25%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 128 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 8 o f 4 5 5 PROJECT FUND:41-Sewer Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:41 30006 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:ServiCenter Space Improvements – Construction (Cash) 41 30006-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Construct new office and meeting space at the ServiCenter (Sewer Fund portion of costs). This will include 7 individual offices, an open office floor space, locker rooms, conference room, kitchenette and outdoor patio. The existing vehicle bays will remain and two new drive-through bays will be added, along with regrading and paving of an area northwest of the facility for enhanced vehicle circulation. This project is funded by cash. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 515,700 — — — — 515,700 Ongoing Financial Impact** — — — — — — USES TOTALS 515,700 — — — — 515,700 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Insufficient office and meeting space for Utilities staff at ServiCenter (Sewer Fund portion of costs). The intent of this project is to provide adequate space for Utilities staff at the Servicenter to increase work efficiency and capacity to perform essential job duties. The current Servicenter is aged and too small for this to be addressed through only a remodel effort. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%25%25%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 129 DRAFT PRELIMINARY CIP 2025 Pa g e 2 5 9 o f 4 5 5 PROJECT FUND:41-Sewer Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.WATER DISTRIBUTION SYSTEM // 50 NUMBER:41 30008 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Water Meter Improvements (WIFIA) - 41 30008-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS A full-scale conversion from antiquated electromechanical meters to the full digital Advanced Metering Infrastructure (AMI) system. This will include replacement of indoor and outdoor customer meters across the city along with installation and integration of other system components such as gateway collectors and billing software. Meters that are not able to be converted by the Contractor due to reasonable justifications will be addressed by City crews. This project is funded by WIFIA. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 256,042 — — — — 256,042 Ongoing Financial Impact** — — — — — — USES TOTALS 256,042 — — — — 256,042 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The current metering hardware is outdated and has not been calibrated for some time. This results in inaccurate revenue reporting for the Utilities department. Current meter reading is also required to be done manually. Modernizing to the AMI system will ensure that the City is metering accurately and able to allocate technician hours to more pressing matters than manual reads. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%—%50%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 130 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 0 o f 4 5 5 PROJECT FUND:41-Sewer Fund DEPARTMENT:Utilities PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:41 30004 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Allen WTP Space Improvements Phase II – Construction (Cash) 41 30004-003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Sewer Fund portion of the new office and meeting space construction at Allen WTP, on the south side of the site. This space will house all of the Engineering and Environmental Compliance staff. The intent is to provide a more permanent, comfortable and usable work area for the staff on both teams to increase organizational and co-ordinational efficiency. This project is funded by cash. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 929,700 — — — — 929,700 Ongoing Financial Impact** — — — — — — USES TOTALS 929,700 — — — — 929,700 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Insufficient operations, maintenance, office and meeting space at existing Allen WTP facility (Sewer Fund portion). This current lack of space increases the difficulty and inconvenience of efficiently carrying out operations and coordination at the plant. The intent of the project is to address a number of items related to these issues in turn. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%25%25%—%30%—%20%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 131 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 1 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Storm Water Drainage Fund (42) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $27,876,393 $3,637,000 $26,142,435 $5,370,958 The Storm Water Drainage Fund is an Enterprise Fund and its main revenue source is from user fees. PW Dry Gulch/Harvard Gulch Master Drainageway Plan IGA - 42 2021 2101 001 375,000 600,000 — — — 975,000 PW Hospital Project Old Hampden Avenue, Lincoln to Clarkson - 42 2021 004 500,000 — — — — 500,000 PW Repair/rehabilitate existing storm sewer - 42 2021 007 450,000 400,000 400,000 400,000 400,000 2,050,000 PW South Englewood Drainageway Plan 50/50 IGA MHFD-42 2023-0302 400,000 — — — — 400,000 PW South Englewood Stormwater Improvements - 42 2020 2201 2,000,000 — — — — 2,000,000 PW Small Area Drainage Improvements - 42 2021 005 250,000 250,000 250,000 300,000 300,000 1,350,000 TOTALS 3,975,000 1,250,000 650,000 700,000 700,000 7,275,000 Request Request Request Request Request 5-Year Dept Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 132 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 2 o f 4 5 5 PROJECT FUND:42-Stormwater Drainage Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.STORM DRAINAGE SYSTEM // 50 NUMBER:42 2021 004 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Hospital Project Old Hampden Avenue, Lincoln to Clarkson - 42 2021 004 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Replacement of existing deteriorated storm water pipes with larger ones with adequate capacity Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 500,000 — — — — 500,000 Ongoing Financial Impact** — — — — — — USES TOTALS 500,000 — — — — 500,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Reduce risk of flooding on private property; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%70%20%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 133 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 3 o f 4 5 5 PROJECT FUND:42-Stormwater Drainage Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.STORM DRAINAGE SYSTEM // 50 NUMBER:42 2020 2201 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:South Englewood Stormwater Improvements - 42 2020 2201 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Construct detention pond and piping to alleviate flooding in drainage basin Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 2,000,000 — — — — 2,000,000 Ongoing Financial Impact** — — — — — — USES TOTALS 2,000,000 — — — — 2,000,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Flooding of private property FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%10%—%—%60%30%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 134 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 4 o f 4 5 5 PROJECT FUND:42-Stormwater Drainage Fund DEPARTMENT:Public Works PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:INFRASTRUCTURE.STORM DRAINAGE SYSTEM // 50 NUMBER:42 2021 005 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Small Area Drainage Improvements - 42 2021 005 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Complete drainage projects that will help alleviate flooding in a small/ isolated area Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 250,000 250,000 250,000 300,000 300,000 1,350,000 Ongoing Financial Impact** — — — — — — USES TOTALS 250,000 250,000 250,000 300,000 300,000 1,350,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Address flooding in areas of the city where a larger project is infeasible, at this time; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%70%20%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 135 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 5 o f 4 5 5 PROJECT FUND:42-Stormwater Drainage Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.STORM DRAINAGE SYSTEM // 50 NUMBER:42 2021 007 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Repair/rehabilitate existing storm sewer - 42 2021 007 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Repair or rehabilitate various sections of storm sewer that have failed or are undermined Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 450,000 400,000 400,000 400,000 400,000 2,050,000 Ongoing Financial Impact** — — — — — — USES TOTALS 450,000 400,000 400,000 400,000 400,000 2,050,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city infrastructure; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%70%20%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 136 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 6 o f 4 5 5 PROJECT FUND:42-Stormwater Drainage Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.STORM DRAINAGE SYSTEM // 50 NUMBER:42 2021 2101 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Dry Gulch/Harvard Gulch Master Drainageway Plan IGA - 42 2021 2101 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The City of Englewood and the Mile High Flood District to seek to match funds for design, right-of-way acquisition, and construction of drainage and flood control facilities in the Dry Gulch/Harvard Gulch Basin. A specific project location has not yet been selected. Project selection will be based on the recommendations set forth in the 2016 Harvard Gulch and Dry Gulch Major Drainageway Plan. The planning, design and construction of this work will be managed by MHFD on Englewood's behalf. City staff will provide project oversight and guidance. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 375,000 600,000 — — — 975,000 Ongoing Financial Impact** — — — — — — USES TOTALS 375,000 600,000 — — — 975,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: This project will allow the City of Englewood to leverage matching funds in the amount of $100,000.00 from the Mile High Flood District for the design of stormwater drainage improvements.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%10%5%35%25%25%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 137 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 7 o f 4 5 5 PROJECT FUND:42-Stormwater Drainage Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.STORM DRAINAGE SYSTEM // 50 NUMBER:42 2023 0302 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:South Englewood Drainageway Plan 50/50 IGA MHFD-42 2023-0302 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Mile High Flood District has programmed matching funding for Englewood for priority stormwater projects in the City based on the outcome of the ongoing Major Drainageway Plan update Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 400,000 — — — — 400,000 Ongoing Financial Impact** — — — — — — USES TOTALS 400,000 — — — — 400,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The funding must be matched 50/50 with the flood district FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%10%—%—%70%20%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 138 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 8 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Golf Course Fund (43) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $233,828 $2,986,190 $2,931,941 $288,077 The Golf Course Fund is an Enterprise Fund and its main revenue source is from user fees. PRLG Asphalt-43 1307 002 50,000 50,000 50,000 50,000 50,000 250,000 PRLG Golf Carts - 43 2021 005 44,244 44,244 44,244 44,244 — 176,976 PRLG Golf Course Operating Equipment - 43 2022 003 150,000 150,000 170,000 200,000 150,000 820,000 PRLG Clubhouse Improvements - 43 2021 001 100,000 100,000 100,000 100,000 100,000 500,000 PRLG Annual Facility Repairs - 43 2022 001 30,000 35,000 40,000 40,000 — 145,000 PRLG Golf Course Landscaping - 43 2022 005 24,000 25,000 26,000 27,000 30,000 132,000 PRLG Restaurant equipment and fixtures - 43 2021 009 15,000 15,000 15,000 15,000 10,000 70,000 TOTALS 413,244 419,244 445,244 476,244 340,000 2,093,976 Request Request Request Request Request 5-Year Dept Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 139 DRAFT PRELIMINARY CIP 2025 Pa g e 2 6 9 o f 4 5 5 PROJECT FUND:43-Golf Course Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.MACHINE & EQUIPMENT // 5/20 NUMBER:43 2023 005 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Golf Carts - 43 2021 005 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS In January of 2023, The City Of Englewood/Broken Tee Golf Course traded in 36 used EZGO electric golf cars, for a value of $36,000 to be use towards the 2024 fleet purchase. In early 2024, Colorado Golf & Turf delivered 70 new Club Car Tempo Electric golf cars. Upon delivery, The City of Englewood/Broken Tee Golf Course traded in 36 used Yamaha electric golf cars, for a value of $72,000, to be used towards the 2024 fleet purchase. Colorado Golf & Turf also took back the 36 Club Cars that were borrowed for 2023. $150,000 down payment ($50,000 saved from 2022 and $100,000 saved from 2023) will be made in April 2024. A lease will begin with six seasonal monthly payments per year of $7,372.91 in the months of April through September. These payments will be made in the years of 2024 through 2028. At the end of the lease Broken Tee will own the equipment. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 44,244 44,244 44,244 44,244 — 176,976 Ongoing Financial Impact** — — — — — — USES TOTALS 44,244 44,244 44,244 44,244 — 176,976 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: By starting this season with a new fleet of golf carts, our guest's golfing experience will be enhanced. The upgrade to Club Car provides extra features for our guests to use while riding during their golf round. The extra features on each cart includes sand bottles for guests to fill in their divots, a ball and club washer to keep their golf ball and clubs clean, and a beverage cooler to keep their refreshments cold. Also, this will be better for managing and maintaining the cart fleet, and the expectation is for the carts to run longer than the average life span. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%20%—%—%30%30%—%10% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 140 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 0 o f 4 5 5 PROJECT FUND:43-Golf Course Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.MACHINE & EQUIPMENT // 5/20 NUMBER:43 2022 003 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Golf Course Operating Equipment - 43 2022 003 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Replacement of required operating equipment for Broken Tee Golf Course which includes approximately 30 pieces of equipment. The equipment includes 4 greens mowers, 2 mechanical bunkers rakes, 2 tee mowers, 4 rough mowers, 12 transportation vehicles, 2 aerators, 1 slit-seeder, 1 skid steer, and various implements and attachments. The equipment requires replacement once the machine is not able to satisfy the Standards of The City of Englewood and Broken Tee Golf Course or if the repair costs exceed 50% of the total replacement cost of the individual piece of equipment. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 150,000 150,000 170,000 200,000 150,000 820,000 Ongoing Financial Impact** — — — — — — USES TOTALS 150,000 150,000 170,000 200,000 150,000 820,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Operating Equipment is vital to maintain Broken Tee to the standards that are expected by the City of Englewood and our patrons. Broken tee has an average equipment age of 2013, many pieces of equipment need updating and replacement. The replacement will be reviewed based on following two items: 1. Is the equipment able to satisfy the Standards of the City of Englewood and Broken Tee Golf Course. 2. Do the repair costs exceed 50% of the total replacement cost of piece of equipment. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%20%30%40%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 141 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 1 o f 4 5 5 PROJECT FUND:43-Golf Course Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.INFRASTRUCTURE // 50 NUMBER:43-1307 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Asphalt-43 1307 002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The asphalt in the parking lot and the cart paths on the golf course are in need of repairs, and some areas are in desperate need of replacement. The cart paths have been evaluated and prioritized in the order of repair or replacement. The plan is to focus on high damaged cart paths on the course first, and repair or replace other areas in time. The parking lot is need of sealing cracks and adding proper drainage so the asphalt does not crumble and deteriorate with standing water. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 50,000 50,000 50,000 50,000 50,000 250,000 Ongoing Financial Impact** — — — — — — USES TOTALS 50,000 50,000 50,000 50,000 50,000 250,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Aging and deteriorating areas around the facility and golf course have become a major safety concern for our staff and patrons.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 20%20%—%—%—%50%—%10% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 142 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 2 o f 4 5 5 PROJECT FUND:43-Golf Course Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:MACHINE & EQUIPMENT.EQUIPMENT // 5-20 NUMBER:43 2021 009 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Restaurant equipment and fixtures - 43 2021 009 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS The kitchen appliances in the front and back of the house, dining room tables and chairs, and the outside patio tables and chairs need to be replaced when money is available or when an item is no longer functioning properly. As of 2022, all the kitchen appliances were cleaned, repaired, and serviced as best as they could be. However, at that time, it was advised that no other repairs should be done due to the age of the equipment. As a piece of equipment is replaced, proper preventive maintenance is required to maintain the proper life of each piece. The tables chairs, and lighting in the dining and outside patio area were purchased in 2008. The current concessionaire has been able to properly maintain the current equipment and has been helpful with finding affordable equipment when needed. Currently, the priority is to purchase tables and chairs for the dining and patio area. The appliances in the back of the kitchen, i.e. stove tops, ovens, warming stations, ice machine, etc. will be replaced when needed. The ice machine may need to be replaced sooner than later based on the last service done. The compressor was replaced, and the vendor advised that it would not make financial sense to continue replacing parts. As of now, the expectation is that the ice machine should run fine for another year. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 15,000 15,000 15,000 15,000 10,000 70,000 Ongoing Financial Impact** — — — — — — USES TOTALS 15,000 15,000 15,000 15,000 10,000 70,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request JUSTIFICATION:2025 2026 2027 2028 2029 Being proactive on replacing equipment when necessary will be important for the staff's safety. The current equipment is functioning currently but is aging out. We will need to plan for replacement of equipment when it is no longer feasible to repair. Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 10%—%—%—%40%50%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 143 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 3 o f 4 5 5 PROJECT FUND:43-Golf Course Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:43 2022 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Annual Facility Repairs - 43 2022 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Planned preventative maintenance for the facility and buildings at Broken Tee Golf Course, including the golf maintenance buildings, needs to be on the forefront to ensure not only the safety of our staff and patrons, but also a high quality impression for our guests. Items to consider are upkeep on HVAC units, security systems and cameras, plumbing, etc. **Since golf master plan is scheduled to be completed in June 2024, this program may be included in Clubhouse Improvements/Renovation plan. It is imperative to plan on yearly maintenance projects in the future to ensure keeping up to date with routine maintenance, etc.** Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 30,000 35,000 40,000 40,000 — 145,000 Ongoing Financial Impact** — — — — — — USES TOTALS 30,000 35,000 40,000 40,000 — 145,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The conditions of the buildings and some equipment is aged and has been neglected for some time. Attention to these items are important to avoid unnecessary replacement.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%40%50%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 144 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 4 o f 4 5 5 PROJECT FUND:43-Golf Course Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 3 = Medium (Funding within 1-3 Years)ASSET CATEGORY:IMPROVEMENTS.LANDSCAPING // Non-depreciable NUMBER:43 2022 005 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Golf Course Landscaping - 43 2022 005 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Landscape improvements to golf course, such as new tee boxes, drainage, tree maintenance, sodding projects, bunker refurbishments or enhancements, etc. The initial findings of the golf architect we are using for the master plan are that drainage and bunkers should be high on the priority list for on-course projects. His belief is that by improving these two areas will enhance the course immensely and provide immediate pleasure for our patrons. **Some of these projects and costs may be impacted by the final results of the golf master plan to be completed by end of June 2024** Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 24,000 25,000 26,000 27,000 30,000 132,000 Ongoing Financial Impact** — — — — — — USES TOTALS 24,000 25,000 26,000 27,000 30,000 132,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Continual improvements to the golf course will bring in more repeat and satisfied customers and hopefully attract new golfers to Broken Tee.FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%10%50%20%20%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 145 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 5 o f 4 5 5 PROJECT FUND:43-Golf Course Fund DEPARTMENT:Parks, Recreation, Library and Golf PRIORITY:Tier 2 = High (Funding within 1-2 Years)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:43 2021 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Clubhouse Improvements - 43 2021 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS This year, 2024, the golf staff is working with a financial consultant and golf architect to assist with creating a golf financial master plan. The plan will provide guidance on what clubhouse and on-course improvements are recommended to attract and retain customers, provide increased revenues for services, and design a plan on how these projects will be funded. Once the recommendations are received, this will allow staff and leadership to prioritize projects and funding for the next 5-10 years. The expertise of the Public Works team is also part of this plan with regards to the projects and equipment in need for the clubhouse and maintenance buildings. The estimated completion date for the master plan is the end of June 2024. The financial consultant is planning an on-site visit in May 2024. Many items need to be renovated or replaced, but we are unsure at this time what we will be able to do based on financials. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 100,000 100,000 100,000 100,000 100,000 500,000 Ongoing Financial Impact** — — — — — — USES TOTALS 100,000 100,000 100,000 100,000 100,000 500,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: The aging facility needs a new facelift externally and internally to improve infrastructure and safety measures. As we are discovering during this process working with COE staff, there are many factors coming to light that need immediate attention. Prior to COVID, the golf industry was stagnant, so unfortunately, many projects were neglected or ignored due to lack of funding. After COVID, the golf industry is spiking. While golf is popular, this is a good time to address some of the immediate needs of the golf facilities. FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%10%—%—%50%30%10%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 146 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 6 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Concrete Utility Fund (44) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $2,217,164 $1,148,600 $1,192,549 $2,173,215 The Concrete Utility Fund is an Enterprise Fund and its main revenue source is from user fees. PW Curb and Gutter Repair - 44 2021 002 200,000 200,000 225,000 225,000 — 850,000 PW Sidewalk Repair by Area - 44 2021 001 800,000 825,000 825,000 825,000 — 3,275,000 TOTALS 1,000,000 1,025,000 1,050,000 1,050,000 — 4,125,000 Request Request Request Request Request 5-Year Dept Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 147 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 7 o f 4 5 5 PROJECT FUND:44-Concrete Utility Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:44 2021 002 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Curb and Gutter Repair - 44 2021 002 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annual program to repair damaged concrete curb & gutter, drain pans, etc. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 200,000 200,000 225,000 225,000 — 850,000 Ongoing Financial Impact** — — — — — — USES TOTALS 200,000 200,000 225,000 225,000 — 850,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city infrastructure; Civic Center-Possible & DDA-Possible FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%80%20%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 148 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 8 o f 4 5 5 PROJECT FUND:44-Concrete Utility Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:INFRASTRUCTURE.CURB SIDEWALK & STREETS // 50 NUMBER:44 2021 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Sidewalk Repair by Area - 44 2021 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Annual program to repair damaged concrete sidewalk Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 800,000 825,000 825,000 825,000 — 3,275,000 Ongoing Financial Impact** — — — — — — USES TOTALS 800,000 825,000 825,000 825,000 — 3,275,000 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city infrastructure; NO-Civic Center & Possible-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%50%—%—% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 149 DRAFT PRELIMINARY CIP 2025 Pa g e 2 7 9 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Servicenter Fund (61) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $385,684 $2,602,310 $2,582,630 $405,364 The Servicenter Fund is an Internal Service Fund and its main revenue source is from department chargeback fees for services rendered.. PW ServiCenter Building Upgrades - 61 2021 004 357,500 357,500 500,000 — — — 857,500 TOTALS 357,500 357,500 500,000 — — — 857,500 Request Request Request Request Request Request 5-Year Dept Project Name 2025 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 150 DRAFT PRELIMINARY CIP 2025 Pa g e 2 8 0 o f 4 5 5 PROJECT FUND:61-Servicenter Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:BUILDINGS.IMPROVEMENT // 10/15/20/25/50 NUMBER:61 2021 004 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:ServiCenter Building Upgrades - 61 2021 004 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Complete repairs/upgrades to various buildings on the ServiCenter site including the replacement of garage door motors, installing power to the Traffic Division outbuilding, and implementation of energy audit recommendations. Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 357,500 500,000 — — — 857,500 Ongoing Financial Impact** — — — — — — USES TOTALS 357,500 500,000 — — — 857,500 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city facilities; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation —%—%—%—%50%10%—%40% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 151 DRAFT PRELIMINARY CIP 2025 Pa g e 2 8 1 o f 4 5 5 Multi-Year (5-Year) Capital Improvement Plan Summary Schedule Capital Equipment Replacement Fund (62) January 1, 2024 Unaudited Balance Budgeted Sources Budgeted Uses December 31, 2024 Estimated Balance $4,031,405 $1,070,591 $2,466,534 $2,635,462 The Capital Equipment Replacement Fund is an Internal Service Fund and its main revenue sources is from department chargeback fees. PW Fleet CERF - 62 2021 001 1,159,540 2,352,251 1,621,050 426,402 — 5,559,243 TOTALS 1,159,540 2,352,251 1,621,050 426,402 — 5,559,243 Request Request Request Request Request 5-Year Dept Project Name 2025 2026 2027 2028 2029 Totals City of Englewood, Colorado 152 DRAFT PRELIMINARY CIP 2025 Pa g e 2 8 2 o f 4 5 5 PROJECT FUND:62-Capital Equipment Replacement Fund DEPARTMENT:Public Works PRIORITY:Tier 1 = Urgent (Immediate or Next Year Funding)ASSET CATEGORY:MACHINE & EQUIPMENT.MACHINE & EQUIPMENT // 5/20 NUMBER:62 2021 001 GIS Interactive Map Information Location:www.englewoodco.gov/gis/CapitalProjectAssetsTITLE:Fleet CERF - 62 2021 001 DESCRIPTION:FINANCIAL SUMMARY ESTIMATE - PROJECT/PROGRAM COSTS Replace vehicles & equipment according based on life cycle, maintenance, and needs Request Request Request Request Request 5-Year 2025 2026 2027 2028 2029 Totals USES OF FUNDS One Time Financial Impact* 1,159,540 2,352,251 1,621,050 426,402 — 5,559,243 Ongoing Financial Impact** — — — — — — USES TOTALS 1,159,540 2,352,251 1,621,050 426,402 — 5,559,243 *One Time or Phased-In Financial Impact - Design, Engineering, Project Management, Acquisition, Construction or Replacement **Ongoing Operating & Maintenance Financial Impact - Operations, Maintenance, Debt Service or Periodic Asset Replacement Contribution JUSTIFICATION: Regular maintenance is needed to maintain & improve the condition of city equipment; NO-Civic Center & NO-DDA FINANCIAL IMPACT OF ONGOING** COSTS DUE TO PROJECT/PROGRAM Request Request Request Request Request 2025 2026 2027 2028 2029 Positive (Generates Income or Reduces Expenditures) Minor < = $5,000 X X X X X Low $5,000> < = $20,000 PROJECT/PROGRAM IMAGE AND/OR LOCATION Moderate $20,000 > < = $50,000 High > $50,000 Community Engagement Community Wellbeing Economy Governance Infrastructure Safety Sustainability Transportation 30%10%10%5%10%10%20%5% Strategic Plan Outcomes Total 100% City of Englewood, Colorado 153 DRAFT PRELIMINARY CIP 2025 Pa g e 2 8 3 o f 4 5 5 STUDY SESSION TO: Mayor and Council FROM: Kevin Engels DEPARTMENT: Finance DATE: April 22, 2024 SUBJECT: March 2024 General Fund Monthly Financial Report DESCRIPTION: Director of Finance will be present to review the Monthly Financial Report RECOMMENDATION: Staff recommends that Council review the information provided in the monthly financial report and provide feedback. PREVIOUS COUNCIL ACTION: Staff provides financial updates to City Council each month. During the Study Session discussion, the Director of Finance will review the 2024 March General Fund financial report that highlights revenues and expenditures. Sales & Use Tax slides are also included in the Appendix of the attached presentation. SUMMARY: Through March 2024, the City of Englewood's General Fund revenues total $16,569,000 which is 23.3% of 2024 budgeted revenues. Year-to-date (YTD) revenues are $392,000 or 2.4% higher than the same period in 2023. Expenditures YTD are $18,811,000 or 26.1% of the 2024 budgeted expenditures. Total expenditures YTD are $1,040,000 or 10.2%, higher than those in 2023. Any one-time revenues and expenditures have been adjusted as noted. ANALYSIS: Revenue highlights:  General Fund Property Tax collections are $1,564,000 in 2024 compared to $1 882,000 in 2023. This negative variance of ($318,000) is due largely to the State Legislature’s actions to lessen the tax burden on property owners. Property Tax Relief Senate Bill 2023B-001 was signed by the Governor on Monday, November 20, 2023. As part of 2024 budget supplemental #1, the City lowered its 2024 property tax revenue estimate by ($214,000) as a result of this State action.  Sales & Use Tax remittances total $10,763,000 and are 23.9% of fiscal budgeted revenue; Sales & Use Tax revenue is $232,000 higher than the same time last Page 284 of 455 year. Additionally, the 2024 Sales & Use Tax audits and voluntary disclosure collections amount to $1,100,000.  Marijuana Sales Tax accounts for $291,000 of the total Sales & Use Tax revenue YTD and is ($59,000) lower than 2023.  Charges for services are $364,000 higher than the previous year due to the collections for the operation of City Center property management (formerly EEF).  American Rescue Plan Act (ARPA)-the city has been awarded $8,776,000 which was received in two allocations of $4,338,000 each. o For 2024, the General Fund restricts $282,000 of ARPA funds to be used for homelessness related projects. ARPA funds already spent from the General Fund include $33,000 for Workforce Training, $17,000 for the Vaccine program and $100,000 for Homelessness. Expenditure highlights:  Across all departments, part of the variance is due to a 5% salary increase for all staff.  Administration is $73,000 higher than the previous year due to the addition of the Sustainability Division in 2024.  Public Works expenditures are $408,000 higher than the previous year due to the operation of City Center property management (formerly EEF). These costs are offset by revenues in the Charges for Services category. The YTD Operating deficit (Operating Revenues over/(under) Operating Expenditures) is ($2,242,000), compared to the Amended Budgeted Operating Deficit of ($1,066,000). Net transfers total ($4,469,000) and include a $142,000 transfer in from the Public Improvement Fund for debt service and transfers out of ($4,542,000) to the Public Improvement Fund for capital projects and ($69,000) for costs associated with the purchase of new vehicles for Public Works and Parks, Recreation, Library and Golf. This transfer was approved by Council as part of 2024 budget supplemental #1. The General Fund – Fund Balance Composition, shows a YTD change in total fund balance of ($6,711,000), which includes the total operating deficit of ($2,242,000) and a net transfer out of ($4,469,000). This surplus includes anyone-time items as noted. COUNCIL ACTION REQUESTED: Staff will review the monthly financial report with Council and welcomes questions and discussion. FINANCIAL IMPLICATIONS: There is no fiscal impact associated with this action. CONNECTION TO STRATEGIC PLAN: Governance: Assist the City to become fiscally accountable, effective and efficient. OUTREACH/COMMUNICATIONS: N/A Page 285 of 455 ATTACHMENTS: March 2024 General Fund Monthly Financial Report Page 286 of 455 March 2024 General Fund Monthly Financial Report Presented By: Kevin Engels, Director of Finance Pa g e 2 8 7 o f 4 5 5 •Through March 2024, year-to-date revenues are 23.3% of the total 2024 budget. •Through March 2023, year-to-date revenues were 24.0% of total 2023 revenues. •Total Sales and Use Tax Revenue is $11,054,000 in 2024 compared to $10,822,000 in 2023. •General Fund revenues exclude one-time items as noted. General Fund Revenues (1 of 2) Pa g e 2 8 8 o f 4 5 5 •2023 –no one-time adjustments•2024 –no one-time adjustments General Fund Revenues (2 of 2) 2024 2023 Revenues Amended Budget Mar-24 % Budget Dec-23 Mar-23 % YTD $ Diff % Diff Property Tax 6,086,000 1,564,000 25.7%5,185,000 1,882,000 36.3%(318,000) 0.0% Specific Ownership Tax 650,000 89,000 13.7%529,000 82,000 15.5%7,000 0.0% Sales & Use Taxes 45,033,000 10,763,000 23.9%40,981,000 10,472,000 25.6%291,000 2.8% Sales Tax - Marijuana - 291,000 1,357,000 350,000 (59,000) -16.9% Cigarette Tax 110,000 22,000 20.0%152,000 20,000 13.2%2,000 10.0% Franchise Fees 4,095,000 940,000 23.0%3,974,000 835,000 21.0%105,000 12.6% Hotel/Motel Tax 60,000 15,000 25.0%79,000 15,000 19.0%- 0.0% Licenses & Permits 1,800,000 439,000 24.4%2,411,000 411,000 17.0%28,000 6.8% Intergovernmental Revenue 1,250,000 186,000 14.9%1,202,000 146,000 12.1%40,000 27.4% Charges for Services 5,545,000 1,054,000 19.0%3,561,000 690,000 19.4%364,000 52.8% Parks and Recreation 3,013,000 306,000 10.2%2,606,000 278,000 10.7%28,000 10.1% Fines & Forfeitures 328,000 118,000 36.0%350,000 79,000 22.6%39,000 49.4% Investment Earnings 404,000 116,000 28.7%924,000 228,000 24.7%(112,000) 49.1% EMRF Rents 1,900,000 429,000 22.6%3,026,000 462,000 15.3%(33,000) -7.1% Miscellaneous 842,000 237,000 28.1%961,000 227,000 23.6%10,000 4.4% Total Revenues 71,116,000 16,569,000 23.3%67,298,000 16,177,000 24.0%392,000 2.4% One-time Revenues noted below - - - - - Total Revenues less one-time items 71,116,000 16,569,000 23.3%67,298,000 16,177,000 24.0%392,000 2.4% 2024 vs 2023 Pa g e 2 8 9 o f 4 5 5 •Through March 2024, year-to-date expenditures are 26.1% of the Fiscal Year 2024 budget. •Through March 2023, year-to-date expenditures were 27.0% of the total Fiscal Year 2023 expenditures. •Through March 2024, a net of ($4,469,000) has been transferred out of the General Fund. •General Fund expenditures exclude one-time items if noted. General Fund Expenditures (1 of 2) Pa g e 2 9 0 o f 4 5 5 •2023 –no one-time adjustments•2024 –no one-time adjustments General Fund Expenditures (2 of 2) 2024 2023 Expenditures Amended Budget Mar-24 % Budget Dec-23 Mar-23 % YTD $ Diff % Diff Legislation 267,000 81,000 30.3%257,000 81,000 31.5%- 0.0% Administration 2,100,000 414,000 19.7%1,763,000 341,000 19.3%73,000 21.4% City Attorney 1,081,000 249,000 23.0%1,031,000 232,000 22.5%17,000 7.3% Court 1,598,000 320,000 20.0%1,375,000 309,000 22.5%11,000 3.6% Human Resources 983,000 262,000 26.7%1,077,000 216,000 20.1%46,000 21.3% Finance 2,331,000 462,000 19.8%1,979,000 436,000 22.0%26,000 6.0% Information Technology 5,303,000 1,735,000 32.7%4,576,000 1,502,000 32.8%233,000 15.5% Community Development 3,461,000 739,000 21.4%2,921,000 695,000 23.8%44,000 6.3% Public Works 13,664,000 3,275,000 24.0%11,013,000 2,867,000 26.0%408,000 14.2% Police 19,835,000 5,332,000 26.9%18,180,000 4,939,000 27.2%393,000 8.0% Fire and Emergency Management 7,962,000 2,561,000 32.2%7,632,000 2,500,000 32.8%61,000 2.4% Parks, Recreation and Library 10,306,000 2,723,000 26.4%9,886,000 2,471,000 25.0%252,000 10.2% Communications 1,071,000 236,000 22.0%932,000 202,000 21.7%34,000 16.8% Debt Service 142,000 39,000 27.5%133,000 39,000 29.3%- 0.0% Contingency 2,078,000 383,000 18.4%514,000 241,000 46.9%142,000 0.0% Total Expenditures 72,182,000 18,811,000 26.1%63,269,000 17,071,000 27.0%1,740,000 10.2% One-time Expenditures noted below - - - - - Total Expenditures less one-time items 72,182,000 18,811,000 26.1%63,269,000 17,071,000 27.0%1,740,000 10.2% 2024 vs 2023 Pa g e 2 9 1 o f 4 5 5 •The Contractual Services Expenditure category includes items such as the fire and emergency services contract, software maintenance agreements and insurance costs. •The Commodities Expenditure category includes items such as fuel, chemicals and building supplies. •The General Fund Capital Expenditure category is primarily CERF vehicle replacement costs. General Fund Expenditures by Category Expenditures Amended Budget Mar-24 % Budget 12/31/2023-Actual Mar-23 % YTD $ Diff % Diff Personnel 42,110,000 9,499,000 22.6%38,208,000 8,311,000 21.8%1,188,000 14.3% Commodities 2,817,000 395,000 14.0%2,331,000 408,000 17.5%(13,000) -3.2% Contractual Services 24,315,000 8,086,000 33.3%19,469,000 7,259,000 37.3%827,000 11.4% Capital 2,798,000 792,000 28.3%3,125,000 1,054,000 33.7%(262,000) -24.9% Debt Service 142,000 39,000 27.5%136,000 39,000 28.7%- 0.0% Total Expenditures 72,182,000 18,811,000 26.1%63,269,000 17,071,000 27.0%1,740,000 10.2% One-time Expenditures - - - - - Total Expenditures less one-time items 72,182,000 18,811,000 26.1%63,269,000 17,071,000 27.0%1,740,000 10.2% 2024 vs 202320242023 Pa g e 2 9 2 o f 4 5 5 •Through March 2024, year-to-date operating expenditures exceeded operating revenues by ($2,2142,000). •Through March 2023, year-to-date operating expenditures exceeded operating revenues by ($894,000). General Fund Operating Surplus (Deficit) 2024 2023 Revenues Amended Budget Mar-24 % Budget 12/31/2023-Actual Mar-23 % YTD $ Diff % Diff Total Revenues 71,116,000 16,569,000 23.3%67,298,000 16,177,000 24.0%392,000 2.4% One-time Revenues - - - - - Total Revenues less one-time items 71,116,000 16,569,000 23.3%67,298,000 16,177,000 24.0%392,000 2.4% Expenditures Amended Budget Mar-24 % Budget 12/31/2023-Actual Mar-23 % YTD $ Diff % Diff Total Expenditures 72,182,000 18,811,000 26.1%63,269,000 17,071,000 27.0%1,740,000 10.2% One-time Expenditures - - - - - Total Expenditures less one-time items 72,182,000 18,811,000 26.1%63,269,000 17,071,000 27.0%1,740,000 10.2% Operating Surplus (Deficit)(1,066,000) (2,242,000) 4,029,000 (894,000) 2024 vs 2023 2024 vs 202320242023 Pa g e 2 9 3 o f 4 5 5 2024 Transfers into the General Fund From the Public Improvement Fund for debt service 142,000$ Total transfers into the General Fund 142,000 2024 Transfers out of the General Fund To the Public Improvement Fund for capital projects (4,542,000) To the Capital Equipment Replacement Fund (CERF)(69,000) Total transfers out of the General Fund (4,611,000)$ Net General Fund Transfers (4,469,000)$ General Fund Transfers Pa g e 2 9 4 o f 4 5 5 General Fund –Fund Balance Composition 2020 2021 2022 2023 Preliminary Actual Balances 2024 YTD Actual Balances Beginning total fund balance $ 22,131,000 $ 24,936,000 $ 17,043,000 $ 24,158,000 $ 24,840,000 Net change in fund balance 2,805,000 (7,893,000) 7,115,000 682,000 (6,711,000) Ending total fund balance 24,936,000 17,043,000 24,158,000 24,840,000 18,129,000 Designated fund balance TABOR - Restricted (1,720,000) (1,800,000) (2,100,000) (2,210,000) (2,210,000) LTAR - Committed (4,995,000) (95,000) (95,000) (95,000) (95,000) ARPA funding - Restricted for specific projects - (404,000) (360,000) (282,000) (282,000) Stadium District refund - Restricted for youth activities - - (1,119,000) (502,000) (502,000) Unrestricted Reserve = 16.7% of total revenues (8,985,000) (9,258,000) (10,840,000) (11,035,000) (11,876,000) Total designated fund balance (15,700,000) (11,557,000) (14,514,000) (14,124,000) (14,965,000) Unassigned fund balance 9,236,000$ 5,486,000$ 9,644,000$ 10,716,000$ 3,164,000$ $9.2 $5.5 $9.6 $10.7 $3.2 $9.0 $9.3 $10.8 $11.0 $11.9 $0.5 $0.5 $0.3 $0.3 $5.0 $0.1 $0.1 $1.7 $1.8 $2.1 $2.2 $2.2 $0.0 $5.0 $10.0 $15.0 $20.0 $25.0 2020 2021 2022 2023 2024 YTD Unassigned fund balance Unrestricted Reserve = 16.7% of total revenues Stadium District refund - Restricted for youth activities ARPA funding-Restricted LTAR - Committed TABOR - Restricted Pa g e 2 9 5 o f 4 5 5 Area Sales Tax Slides Appendix Pa g e 2 9 6 o f 4 5 5 City of Englewood, Colorado Sales Tax Area Map Sales Tax Area Map Pa g e 2 9 7 o f 4 5 5 YTD Sales and Use Tax Collections by Area 2020-2024 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 $2,200,000 $2,400,000 $2,600,000 $2,800,000 $3,000,000 $3,200,000 $3,400,000 $3,600,000 $3,800,000 $4,000,000 $4,200,000 $4,400,000 $4,600,000 $4,800,000 $5,000,000 Area 1 Area 2 Area 3 Area 4 Area 5 Area 6 Area 7 Area 8 Area 13 Area 14 Regular Use 2020 2021 2022 2023 2024 Pa g e 2 9 8 o f 4 5 5 Sales and Use Tax Revenues January February March April May June July August September October November December 2022 $4,747,493 $2,828,843 $2,438,628 $3,601,082 $2,787,248 $2,822,481 $3,945,672 $2,897,374 $3,009,369 $3,764,317 $2,876,786 $2,702,004 2023 $5,231,149 $1,833,875 $3,694,085 $4,147,998 $3,049,497 $3,147,543 $4,229,946 $2,945,380 $3,290,569 $4,114,612 $3,128,279 $4,027,606 2024 $4,481,693 $2,749,252 $2,762,405 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 2022 -2024 Monthly Comparison 2022 2023 2024Pa g e 2 9 9 o f 4 5 5 Top Sales and Use Tax Revenues Sources Non Classifiable Misc Specialty Retail Store Communications Manufacturing Restaurant Misc Gen Merchandise Store Electric & Gas Medical Supplies Lumber & Other Building Materials Health Care Services Marketplace Facilitators 2023 $589,141 $974,553 $585,206 $436,721 $538,065 $498,687 $714,890 $666,029 $353,778 $188,770 $513,323 2024 $642,442 $831,020 $735,102 $358,282 $620,564 $483,240 $628,114 $929,512 $330,095 $1,255,129 $537,729 -$100,000 $100,000 $300,000 $500,000 $700,000 $900,000 $1,100,000 $1,300,000 $1,500,000 YTD: 2023 vs 2024 Historically Top Revenue Sources Other Sales and Use Tax Information 2023 2024 % Change $ Change Refunds $ 43,000 $ 3,000 -93%$ (40,000) Unearned Sales Tax-reserved for refunds $ 2,210,000 $2,210,000 0%$ -Pa g e 3 0 0 o f 4 5 5 YTD Sales and Use Tax Collections by Area Business Area $ YTD Variance CY vs PY % YTD Variance CY vs PY YTD New Businesses YTD Closed Businesses YTD Net New (Closed) Businesses Comments Area 1 $ (10,229)-1.17%11 (5)6 Area 2 122,021 18.85%6 (4)2 Area 3 64,974 7.00%6 (7)(1) Area 4 (55,543)-13.71%-(2)(2) Area 5 125,578 37.80%2 (1)1 Area 6 74,722 5.82%24 (26)(2) Area 7 (159,170)-3.66%203 (137)66 Contains opened and closed businesses that are not within the city limits. Area 8 (100,417)-14.73%--- Area 13 (159,334)-59.84%1 1 2 Area 14 362,994 80.29%-(2)(2)Marketplace Facilitators were added to this area in 2022. Regular Use 53,703 9.15%N/A N/A N/A Use tax revenue fluctuates depending on the timing of when businesses replace large ticket items such as operating machinery and equipment. If items are purchased outside of Englewood at a local tax rate less than 3.8%, then the tax payer is liable for the difference between the local tax paid and 3.8% tax due. Totals $ 319,299 2.96%253 (183)70 Pa g e 3 0 1 o f 4 5 5 Area 1 Sales Tax CityCenter (Formerly Cinderella City) 911,183 871,006 869,715 874,342 864,113 0 200,000 400,000 600,000 800,000 1,000,000 2020 2021 2022 2023 2024 Pa g e 3 0 2 o f 4 5 5 Area 2 Sales Tax South of Yale, north & south side of Jefferson Ave/US 285 between Bannock and Sherman 606,294 623,008 687,503 647,172 769,193 0 200,000 400,000 600,000 800,000 1,000,000 2020 2021 2022 2023 2024 Pa g e 3 0 3 o f 4 5 5 Area 3 Sales TaxSouth of Jefferson Ave/US 285 between Bannock & Sherman -north side of Belleview between Logan & Delaware 695,608 769,366 858,067 927,683 992,657 0 200,000 400,000 600,000 800,000 1,000,000 2020 2021 2022 2023 2024 Pa g e 3 0 4 o f 4 5 5 Area 4 Sales Tax Broadway and Belleview (Between Fox and Sherman and south of Belleview and to the southern City Limits) 298,284 255,858 337,808 405,180 349,637 0 100,000 200,000 300,000 400,000 500,000 2020 2021 2022 2023 2024Pa g e 3 0 5 o f 4 5 5 Area 5 Sales Tax Federal and Belleview west of Santa Fe Drive 560,606 558,305 492,895 332,212 457,790 0 150,000 300,000 450,000 600,000 750,000 2020 2021 2022 2023 2024Pa g e 3 0 6 o f 4 5 5 Area 6 Sales Tax All other City locations 881,699 842,317 1,102,968 1,284,653 1,359,375 0 250,000 500,000 750,000 1,000,000 1,250,000 1,500,000 2020 2021 2022 2023 2024Pa g e 3 0 7 o f 4 5 5 Area 7 Sales Tax Outside City limits 3,466,166 3,435,068 4,035,126 4,344,435 4,185,266 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 2020 2021 2022 2023 2024Pa g e 3 0 8 o f 4 5 5 Area 8 Sales Tax Public Utilities 380,427 425,971 484,064 681,785 581,368 0 150,000 300,000 450,000 600,000 750,000 2020 2021 2022 2023 2024 Pa g e 3 0 9 o f 4 5 5 Area 13 Sales Tax Hampden Avenue (US 285) and University Boulevard 112,692 109,999 88,136 266,250 106,917 0 50,000 100,000 150,000 200,000 250,000 300,000 2020 2021 2022 2023 2024Pa g e 3 1 0 o f 4 5 5 Area 14 Sales Tax Online Sales 34,061 46,138 499,395 452,120 815,115 0 200,000 400,000 600,000 800,000 1,000,000 2020 2021 2022 2023 2024Pa g e 3 1 1 o f 4 5 5 Regular Use Tax 780,216 641,049 622,186 586,713 640,417 0 125,000 250,000 375,000 500,000 625,000 750,000 875,000 1,000,000 2020 2021 2022 2023 2024Pa g e 3 1 2 o f 4 5 5 STUDY SESSION TO: Mayor and Council FROM: Madeline Hinkfuss DEPARTMENT: Communications DATE: April 22, 2024 SUBJECT: Consideration for the 2024 Citizen of the Year DESCRIPTION: Council will review the 2024 Citizen of the Year nominations and select the 2024 Citizen of the Year. RECOMMENDATION: Council will review the 2024 Citizen of the Year nominations and select the 2024 Citizen of the Year. SUMMARY: In spring 2024 the public was notified and invited to nominate Englewood community members to be the 2024 Citizen of the Year. Notices were posted on the city's social media channels, on the city website and in the spring issue of the Englewood Citizen magazine. The 2024 Citizen of the Year nominations were due on March 29, 2024. The city received two nominations. The nominees are Laura Cooper and Tiffany Kapler COUNCIL ACTION REQUESTED: Council will review the 2024 Citizen of the Year nominations and select the 2024 Citizen of the Year. Page 313 of 455 Name of Nominee: Laura Cooper Address of Nominee: lauraelizabethcooper@gmail.com Nominee Phone Number: (720) 454-2852 Nominee email address: lauraelizabethcooper@gmail.com Your Name: Nathan Hoag Your Address: 3198 S Bannock St. Englewood, CO 80110 Your Phone Number: 303.919.3642 Your Email: nathan@sacredgrace.church Nomination Letter: Today I am writing on behalf of someone for whom I have tremendous respect and admiration. Laura Cooper is overwhelmingly deserving of the 2024 Citizen of the Year award due to her leadership as the Executive Director of the Englewood Holiday Store, among several other contributions she has made to our fine city. Last year Laura gave an estimated 200 hours of her personal time to planning and pulling off one of the most impactful charitable events Englewood Schools experiences each year. Not to mention that she has done so year over year for more than 5 years now. Laura has also dedicated herself to caring for her neighbors when they are in need. I have personally seen her go above and beyond to share a meal, help someone with a chore, and express self-less care over and over. Furthermore, Laura loves Englewood and has dedicated herself to shopping in Englewood, attending Englewood events, and supporting organizations that make our city a better place. She doesn't speak out against our city, she speaks up for it and puts her money where her mouth is. She has shown her dedication to Englewood by participating in the Elevate Englewood Leadership Academy this year and she's excited to join Boards & Commissions soon. As someone who also loves this city and wants to see neighbor and business flourish, I am so grateful to have a partner like Laura with whom I can work toward that goal. Laura is extremely deserving of this award and I hope she is chosen for it. Page 314 of 455 Documentation of volunteer/philanthropic service: amount of time serving the community, value of service, variety of contribution, impact of service given: Englewood Holiday Store: Impacted over a thousand students and families in Englewood Schools over the course of 5 years. Giving hundreds of hours per year to this end. Elevate Englewood: Laura will graduate from the course next month. Committed to Englewood Events: Laura shows up. She's been present for some of our city's most significant events. From Neighborhood Rehab Project, to City Council Meetings, to Block Parties, and more. Laura shows up for her city. Committed to Englewood commerce: Laura wants our businesses to thrive and therefore does all she can, even at her inconvenience, to re-invest in Englewood by supporting Englewood commerce. Committed to Investing In Englewood: Laura and her husband recently purchased their first home in Englewood because they want to put down roots here and invest in this city for a long time to come. Support for nomination: type of support given, groups/individuals supporting nomination:: Support includes the Englewood Holiday Store Leadership Team, Sacred Grace Englewood, and many neighbors in the city. Page 315 of 455 CITIZEN OF THE YEAR ENDORSEMENTS FOR LAURA COOPER Laura Cooper has served the city of Englewood for many years.One of the primary ways we've seen her serve is through the Englewood Christmas store.Although the name implies service in December,she works year-round to prepare for this event,that serves hundreds of families in Englewood,making Christmas,affordable and attainable for those who might not be able to afford it otherwise.She spends countless hours recruiting and organizing volunteers,collecting donated gifts, shopping for needed items,and so much more,being the main go-to person for all things Christmas store related.Her heart for these families and Englewood as a whole is so apparent,and something to be admired.Without her volunteer hours,her drive behind the Christmas store,and her compassion for Englewood,the Christmas store would Not exist the way it does today.And although this isn't the only way she serves Englewood,it is telling of who she is at her core,and why she deserves to be citizen of the Year. ––Julie Hoag Englewood School Board,Englewood Resident When I think about a Citizen of the Year,I think of someone who both elevates the city itself and finds ways to look out for the entirety of the community.Laura Cooper checks both of these boxes. As a leader of the Englewood Christmas Store,she dedicates countless hours and energy towards building an event that cherishes the people of Englewood during a time of year that encapsulates so many emotions.Children experiencing pure joy and happiness is top priority for a community.The Englewood Christmas store meets this expectation and Laura leads the charge to making it happen. As a worker of the Christmas Store,I got to witness firsthand seeing Laura lead with joy and determination to bring joy.Not only is she leading,but she finds opportunities to interact with individuals of the community during this event.For Laura,elevating the community and looking out for all within the community is in her nature and for these reasons,she is most deserving of Citizen of the Year. ––Sam Whitely Englewood Resident It’s hard to know where to start when it come to talking about how great Laura Cooper is. Laura is one of the most selfless and considerate people I know.She goes out of her way to care for and help the people around her,and loves her neighbors really well.Laura makes this city a better place -one tangible way she does that is through volunteering hundreds of hours each year leading and running the Englewood Christmas Store.Because of the work she does,Englewood kids get to experience a magical Christmas with gifts under their trees,and Englewood parents get to feel proud about providing that for their families.That is no small thing. The Citizen of the Year should be someone who loves Englewood and works tirelessly to make this city the best it can be -Laura Cooper is one of those people. ––Maggie Burns Library Board,Englewood Resident Page 316 of 455 Submission #3094774 IP Address 71.211.88.65 Submission Recorded On 03/27/2024 4:22 PM Time to Take Survey 9 seconds Page 1 *Name of Nominee Laura Cooper I hereby submit this application allowing my name to be considered for the City of Englewood Citizen of the Year. My name and submitted information, including, but not limited to my likeness, may be publicly distributed upon receiving the award and I consent to the release of my information if selected for the Citizen of the Year Award. Page 317 of 455 Name of Nominee: Tiffany Kapler Address of Nominee: tiffany.kapler@gmail.com Nominee Phone Number: 719-660-2865 Nominee email address: 4930 S. Pennsylvania Street, Englewood, CO 80113 Your Name: Crystal Williss Your Address: 3825 S. Monaco Pkwy #212, Denver, CO 80237 Your Phone Number: 303-807-8672 Your Email: cwilliss@gmail.com Nomination Letter: See attached Word document please. Documentation of volunteer/philanthropic service: amount of time serving the community, value of service, variety of contribution, impact of service given:: See attached Word document please. Support for nomination: type of support given, groups/individuals supporting nomination:: See attached Word document please. Page 318 of 455 March 29, 2024 Madeline Hinkfuss, Communications 1000 Englewood Parkway Englewood, CO 80110 mhinkfuss@englewoodco.gov neighborhoods@englewoodco.gov Good afternoon Council Members, Thank you for the opportunity to submit this nomination letter. It is my pleasure to nominate Tiffany Kapler as a representative for Englewood’s Girl Scout Service Unit (SU) 641. This nomination may be a bit unconventional, as it is difficult for me to choose one volunteer to represent the entire SU. However, I believe that Tiffany is the best figurehead for Englewood’s Girl Scouts. She has organized events, answered questions, taught knot-tying, hauled cases of cookies, driven hundreds of miles, set up tents, and guided the Girl Scouts to make community service a priority year-round for more than 5 years. Since it’s founding in 1912, Girl Scouts of America has provided girls with the opportunity to learn, grow, and act as leaders in their own communities. Girl Scouts came to Colorado in 1917 and girls have been living the Girl Scout Law in the Denver Area – including Englewood – since 1932. Girl Scout Law: I will do my best to be honest and fair, friendly and helpful, considerate and caring, courageous and strong, and responsible for what I say and do, and to respect myself and others, respect authority, use resources wisely, make the world a better place, and be a sister to every Girl Scout. I’m sure you’ve seen Girl Scouts selling cookies every February-March at grocery stores, but you may not know more about them than that. Englewood’s Girl Scouts are a busy bunch. SU 641 is made up of 10 troops which include 80 scouts ranging in age from 5-18 years old. They follow the Girl Scout Law and choose ‘make the world a better place’ as their priority. Every year these young ladies and volunteers work to make Englewood and surrounding communities a better place in so many ways, I can’t list them all, but the following are a few from 2023. -April: Annual Hometown Hero cookie donations totaling more than $1200 to Children’s Hospital South Campus and Community Ministries. -April: Annual cookie proceeds monetary donations to Cherrelyn Animal Hospital and Colorado CASA program. These monetary donations are used to help animals receive care and help advocate for abused and/or neglected youth, respectively. Page 319 of 455 -September: Belleview Park cleanup. -September: Built and installed the Englewood Family Resource Center Donation Box at the Englewood Public Library. -September: Decorated meal delivery bags for Project Angel Heart. -November: Boxing Day Community Ministries Food Pantry. -November: Donated fleece cat carrier blankets and made adoptions signs for the Dumb Friends League. -November: Wrote and delivered holiday cards to patients/clients at Elevation Health and Rehab. -December: Filled the Englewood Family Resource Center Donation Box with toys for the winter holidays. Another more abstract way Tiffany and the scouts are helping to serve our community, is by learning about what affects Englewood. They learn about the environment, homelessness, career opportunities, empathy, water resources, money management, first aid, local business, the importance of education, outdoor/survival skills, community pride, and many more. They then discuss, prioritize, plan, and implement how to decrease negative impacts and promote positive aspects. Throughout March and April, troops will be delivering Hometown Hero cookie donations once again to organizations such as the Englewood Family Resource Center, Movement 5280, Colorado CASA program, and others. The Service Unit also plans to participate in the Annual Earth Day River Clean-up in Centennial Park this April. Keep in mind that the individuals accomplishing these tasks are elementary to high school young ladies who are supported by busy volunteers. Service Unit 641 is bettering their community while attending school, working, playing sports, and caring for their homes and families in addition to earning Girl Scout badges, patches, and awards. Our most precious resource is our children, and the children in SU 641 are already doing amazing things. I can’t wait to see what they accomplish in the coming years and am grateful for adult volunteers, like Tiffany, who help them set and accomplish their goals. Nominee: Tiffany Kapler as representative of Girl Scout Service Unit 641 4930 S. Pennsylvania Street, Englewood, CO 80113 Nominator: Crystal Williss 3825 S. Monaco Parkway #212, Denver, CO 80237 Page 320 of 455 Submission #3092205 IP Address 174.198.145.17 Submission Recorded On 03/26/2024 5:01 PM Time to Take Survey 44 seconds Page 1 *Name of Nominee Tiffany Kapler I hereby submit this application allowing my name to be considered for the City of Englewood Citizen of the Year. My name and submitted information, including, but not limited to my likeness, may be publicly distributed upon receiving the award and I consent to the release of my information if selected for the Citizen of the Year Award. Page 321 of 455 COUNCIL COMMUNICATION TO: Mayor and Council FROM: Pieter Van Ry, Sarah Stone DEPARTMENT: Utilities DATE: April 22, 2024 SUBJECT: State Revolving Fund Loan Agreements DESCRIPTION: Drinking Water Revolving Fund Loan Agreements with the Colorado Water Resources and Power Development Authority for the Lead Reduction Program. RECOMMENDATION: Utilities staff recommends City Council approve, by Emergency Ordinance, Drinking Water Revolving Fund Loan Agreements with the Colorado Water Resources and Power Development Authority (CWRPDA) to fund the Lead Reduction Program in the amount of $40,000,000, with $10,000,000 in principal forgiveness. The Water and Sewer Board recommended Council approve the loan agreements with CWRPDA during its April 9, 2024 meeting. PREVIOUS COUNCIL ACTION:  April 15, 2024 – City Council approved Council Bill #11 by first reading.  March 25, 2024 – Utilities staff discussed the approval process for the Loan Agreements with Council at Study Session. SUMMARY: The Bipartisan Infrastructure Law (BIL), previously referred to as the Infrastructure Investment and Jobs Act, was signed into law on November 15, 2021. The BIL will invest more than $50 billion over the next five years in U.S. Environmental Protection Agency (EPA) water infrastructure programs, including the State Revolving Fund (SRF) loan programs. In Colorado, the BIL funding is issued through the Drinking Water Revolving Fund (DWRF) in three categories: 1) DWRF BIL General Supplemental Funding, 2) DWRF BIL Emerging Contaminants Funding, and 3) DWRF BIL Lead Service Line Funding. The DWRF loan program incentivizes the acceleration of water infrastructure improvements by providing long-term, low-cost supplemental loans for regionally and nationally significant projects. The DWRF program provides favorable loan terms that meet or exceed the value provided in other borrowing mechanisms. This includes:  Low interest rates that are locked in at time of closing  Interest accrued as funds are disbursed  Loan repayment term of up to 30 years Page 322 of 455 Additionally, the BIL funding comes with a requirement that a certain percentage of the funds is distributed as loan principal forgiveness (i.e., grants) to “disadvantaged communities.” Englewood Utilities began the process of applying for this funding in the summer of 2022 to fund the Lead Reduction Program. The comprehensive DWRF application package was submitted to the CWRPDA on December 21, 2023. Since that time, City staff, along with the CWRPDA, have been performing financial and environmental due diligence, and refining project costs. Englewood Utilities was approved by the CWRPDA Board for funding through the DWRF on March 8, 2024. ANALYSIS: City of Englewood’s (City) staff is seeking City Council approval to enter into two loan agreements with the CWRPDA, under the DWRF loan program. The project to be funded through two separate DWRF loan proceeds is the Lead Reduction Program. The authorization requested from the City Council includes a maximum principal amount not to exceed $30,551,100. This maximum amount has been rounded up to accommodate minor changes that may be made by CWRPDA as the bond sale is finalized. These loan agreements are the culmination of several months of work to secure this low-cost funding for critical investment in the City's drinking water system through the Lead Reduction Program. The key business terms included in the loan agreements are as follows:  The total principal amount borrowed is not to exceed $30,551,100 through two separate loans, as follows: o A DWRF BIL Lead Service Line Direct loan in the anticipated amount of $17,551,020, with a thirty-year term at an interest rate of 3.50%. This first loan will cost the City approximately $409,000 in debt service annually. Utilities staff anticipate that $10,000,000 of this loan will be subject to principal forgiveness as per the March 8 approval by CWRPDA. o A leveraged loan with principal amount of approximately $23,000,080, with a thirty-year term and a maximum interest rate of up to 5.5%. Assuming this maximum interest rate, this loan will cost the City approximately $1,583,000 in debt service annually. The interest rate for this leveraged loan will be determined when the CWRPDA sells its taxable bonds this spring in a competitive public sale process. The interest rate the City of Englewood pays will be 85% of the bond amount accepted through this process.  Principal payments will be made annually on February 1 and August 1.  The City will establish, maintain, enforce and collect rates, fees and charges for services as required in the DWRF Loan Agreement.  Net revenues are pledged to the repayment of the DWRF loan and secured on an equal basis with current and future parity lien obligations.  The City will follow federal compliance and reporting obligations, such as Davis-Bacon wages, American Iron and Steel, Equal Opportunity Employer provisions, and demonstrate a good faith effort to contract with Disadvantaged Business Enterprises. Page 323 of 455 The DWRF loan eliminates the need for the city to cash-fund the Lead Reduction Program and spreads repayment over 30 years. This results in a more equitable share of costs among those who benefit from improvements now and customers who will benefit in the future. This Emergency Ordinance to the City Council is requested to ensure Englewood is included in the competitive DWRF bond sale scheduled by CWRPDA in May 2024. CWRPDA issues DWRF bonds approximately every six months, and pools borrowers in order to maximize interest from bond investors. The pool of borrowers expected to be included in the bond sale this spring are: the City of Englewood, the City of Greeley, South Adams Water and Sanitation District, the Town of Lochbuie, and the Upper Thompson Sanitation District. CWRPDA expects to post the Preliminary Official Statement for potential bond investors to review on April 30, 2024, and commence with the competitive sale of the bonds on May 8, 2024. Loan closing would then be scheduled for May 23 following final approval by the CWRPDA board. This timeline was communicated to Utilities staff following CWRPDA board approval of the Englewood DWRF Loan Application on March 8, 2024. Accordingly, in order to position the City to be included in a favorable bond pool, the Emergency Ordinance is needed to secure the funding and to achieve cost and interest rate certainty as the construction project will commence this summer. COUNCIL ACTION REQUESTED: Motion to approve, by Emergency Ordinance, Drinking Water Revolving Fund loan agreements with the Colorado Water Resources and Power Development Authority to fund the Lead Reduction Program in the amount of $40,000,000, with $10,000,000 in principal forgiveness. FINANCIAL IMPLICATIONS: The combined SRF BIL and leveraged loans will fund the Lead Reduction Program in the amount of $40,000,000, with $10,000,000 of principal forgiveness. It also provides the matching funds for the Water Infrastructure Financing and Innovation Act (WIFIA) Loan. CONNECTION TO STRATEGIC PLAN: Infrastructure:  Ensure protection of the City's water infrastructure  Establish a long-term Capital Improvement Plan  Establish a 30-year plan for financing Safety:  Ensure safe drinking water is delivered to customers ATTACHMENTS: CB#11 Englewood 2024 CWRPDA Water Loan Emergency Ordinance CWRPDA Credit Report Contract Approval Summary (CAS) CWRPDA Draft Loan Agreement – DWRF BIL Lead Service Line Direct Loan Contract Approval Summary (CAS) CWRPDA Draft Loan Agreement – Leveraged Loan PowerPoint Presentation Page 324 of 455 4890-6227-3454.1 BY AUTHORITY ORDINANCE NO. ____ COUNCIL BILL NO. 11 SERIES OF 2024 INTRODUCED BY COUNCIL MEMBER RUSSELL AN EMERGENCY ORDINANCE OF THE CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE, AUTHORIZING LOANS FROM THE COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY FOR THE PURPOSE OF FINANCING WATER CAPITAL IMPROVEMENTS AS PART OF THE CITY’S ONE WATER MODERNIZATION PROGRAM – WATER UTILITY SYSTEM PROJECT; APPROVING LOAN AGREEMENTS AND THE ISSUANCE OF BONDS TO EVIDENCE THE LOANS; PROVIDING FOR THE PAYMENT OF THE BONDS FROM THE OPERATION OF THE WATER UTILITY SYSTEM; AND PROVIDING OTHER DETAILS AND APPROVING RELATED MATTERS IN CONNECTION WITH THE LOANS. WHEREAS, the City of Englewood, Colorado is a municipal corporation duly organized and operating as a home rule city under Article XX of the Constitution of the State of Colorado and the Charter of the City (unless otherwise indicated, capitalized terms used in this preamble shall have the meanings set forth in Section 1 of this Ordinance); and WHEREAS, as provided in Article XIII of the Charter the City is the owner and operator of a public water system, including water and water rights and the acquisition thereof, which system has historically been operated on a self-supporting basis by the City, is considered a government-owned business and is generally known as the “Water Utility Enterprise” of the City; and WHEREAS, the City's Water Utility Enterprise has historically operated independently, sustaining itself financially and accounting for its activities separately as mandated by Section 99 of the City's Charter; and WHEREAS, in accordance with Section 105 of the City’s Charter and relevant State statutes, including Title 31, Article 35, Part 4, C.R.S. and Title 37, Article 45.1, C.R.S, the City is empowered to issue revenue bonds, including those for the Water Utility Enterprise, to finance essential modernization projects; and WHEREAS, to finance the costs of modernizing the Water Utility System, the City has requested financial assistance from the Colorado Water Resources and Power Development Authority, a body corporate and political subdivision of the State; and Page 325 of 455 2 4890-6227-3454.1 WHEREAS the CWRPDA has established and administers a Drinking Water Revolving Fund (DWRF) to enable the State to comply with the provisions of the federal Safe Drinking Water Act of 1996, as amended; and WHEREAS, on March 8, 2024, the governing body of the CWRPDA approved the City for DWRF loans comprised of the following: (i) a DWRF leveraged loan in the approximate total amount of $22,448,980 plus allocable cost of issuance, for a term of up to 30 years and bearing interest at 85% of the rate obtained on the CWRPDA’s State Revolving Fund Revenue Bonds 2024 Series B; and (ii) a DWRF direct loan in the approximate principal amount of $7,551,020 for a term of up to 30 years and bearing interest at a fixed interest rate of 3.50%; plus up to an additional $10,000,000 of up-front Bipartisan Infrastructure Law (BIL) Lead Service Line (LSL) loan principal forgiveness; and WHEREAS, the terms of the CWRPDA loans are set forth in Loan Agreements and the City’s repayment obligation under the Loan Agreements will be evidenced by governmental agency bonds to be issued by the City, acting by and through its Water Utility Enterprise, to the CWRPDA, and which shall constitute a special revenue obligation of the City to be paid from the income and revenue derived from the operation and use of the Water Utility System less reasonable and necessary current expenses of the City of operating, maintaining and repairing the Water Utility System; and, WHEREAS, after consideration, the City Council has determined that the execution of the Loan Agreements and the issuance of the Bonds to the CWRPDA is to the best advantage of the City; and WHEREAS, as an obligation of the Water Utility Enterprise, voter approval in advance is not required under Article X, Section 20 of the Colorado Constitution for the execution of the Loan Agreements or the issuance of the Bonds; and WHEREAS, as of the date of its delivery of the Loan Agreements and issuance of the Bonds, the WIFIA Bond and the Bonds will represent the only outstanding multi-year obligations payable from and secured by a pledge of Net Revenues; and WHEREAS, the form of the Loan Agreements and the Bonds has been reviewed by City staff and its advisors, and staff seeks City Council approval to approve the Loan Agreements, Bonds, and Bond issuances. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, AS FOLLOWS: Section 1. Definitions. The following terms shall have the following meanings as used in this Ordinance: Page 326 of 455 3 4890-6227-3454.1 “Additional Parity Lien Obligations” means Parity Lien Obligations, other than the WIFIA Bond and the Bonds, which are issued by the City after the date of adoption of this Ordinance “Bonds” or “Bond” means the governmental agency bonds, collectively or respectively as the context indicates, to be issued by the City to the CWRPDA pursuant to the Loan Agreements, the forms of which are set forth in Exhibit D to the respective Loan Agreements. “Capital Improvements” means the acquisition of water and water rights, land, easements, facilities and equipment (other than ordinary repairs and replacements), and the construction or reconstruction of improvements, betterments and extensions, for use by or in connection with the Water Utility System which, under GAAP, are properly chargeable as capital items. “Charter” means the Home Rule Charter for the City. “City” means the City of Englewood, Colorado, acting by and through its Water Utility Enterprise. “City Council” means the City Council of the City, acting as the governing body of the Water Utility Enterprise. “C.R.S.” means the Colorado Revised Statutes, as amended and supplemented. “CWRPDA” means the Colorado Water Resources and Power Development Authority, a body corporate and political subdivision of the State. “CWRPDA Bond Accounts” means special accounts of the City designated as the “CWRPDA BIL LSL Direct Loan Bond Account” and the “CWRPDA Leveraged Loan Bond Account,” established by this Ordinance for the purpose of paying the principal of and interest on the Bonds, respectively, each of which shall include a CWRPDA Interest Subaccount and a CWRPDA Principal Subaccount. “CWRPDA Interest Subaccounts” means subaccounts of the respective CWRPDA Bond Accounts established by the provisions hereof for the purpose of paying the interest on the respective CWRPDA Bonds. “CWRPDA Principal Subaccounts” means subaccounts of the respective CWRPDA Bond Accounts established by the provisions hereof for the purpose of paying the principal of the respective CWRPDA Bonds. “Debt Service Accounts” means the accounts and subaccounts within the Water Fund established for the payment of the debt service on Parity Lien Obligations and Subordinate Lien Obligations, including without limitation the CWRPDA Bond Accounts. “DWRF BIL LSL Direct Loan Agreement” means the Loan Agreement, anticipated to be dated the date of its closing, by and between the CWRPDA and the City, providing for a direct loan in the approximate principal amount of $7,551,020 following up-front principal forgiveness. Page 327 of 455 4 4890-6227-3454.1 “DWRF Leveraged Loan Agreement” means the Loan Agreement, anticipated to be dated the date of its closing, by and between the CWRPDA and the City, providing for a loan in the approximate total amount of $22,448,980 which is to be funded from proceeds of the CWRPDA’s State Revolving Fund Revenue Bonds 2024 Series B. “Enabling Law” means the State Constitution, the Charter, the Water Activity Law, the Supplemental Public Securities Act, and all other laws of the State establishing the power of the City to complete the financings contemplated by this Ordinance. “Financing Documents” means the Loan Agreements, the Bonds and this Ordinance. “GAAP” means generally accepted accounting principles for U.S. state and local governments, as established by the Government Accounting Standards Board (or any successor entity with responsibility for establishing accounting rules for governmental entities), in effect from time to time in the United States of America. “Gross Revenues” means all income and revenues derived directly or indirectly from the operation and use of, and otherwise pertaining to, the Water Utility System or any part thereof, whether resulting from repairs, enlargements, extensions, betterments or other improvements to the Water Utility System, or otherwise, including all fees, rates and other charges for the use of the Water Utility System, or for any service rendered in connection with the Water Utility System in its operations, directly or indirectly, the availability of any such service, or the sale or other disposal of any commodities derived therefrom, and all income or gain from the investment of such income and revenues, but excluding (a) any refund of fees, rates and other charges for the use of the Water Utility System, (b) any moneys received as grants, appropriations or gifts from the federal government, the State or other sources, the use of which is limited or restricted by the grantor or donor to the acquisition or construction of Capital Improvements or for other purposes resulting in the general unavailability thereof, except to the extent any such moneys shall be received as payments for the use of the Water Utility System, services rendered thereby, the availability of any such service, or the disposal of any commodities therefrom, (c) any moneys deposited by third parties which are held in any escrow for extensions, modifications, or upgrading of the Water Utility System and the use of which is limited or restricted to the construction of Capital Improvements, (d) any moneys borrowed for, or special assessments imposed in connection with, the acquisition and construction of Capital Improvements, and (e) any moneys and securities, and interest and other gain from investment of such money and from such securities in any refunding fund or escrow account or similar account pledged to the payment of any bonds or other obligations therein specified. “Interest Payment Date” means, in relation to the CWRPDA Bonds, each February 1 and August 1, commencing on the date provided in the Loan Agreements. “Loan Agreements” means the DWRF BIL LSL Direct Loan Agreement and the DWRF Leveraged Loan Agreement. “Net Revenues” Gross Revenues remaining after the payment of Operation and Maintenance Expenses. Page 328 of 455 5 4890-6227-3454.1 “O&M Reserve Requirement” means an amount equal to the lesser of (a) three (3) months of Operation and Maintenance Expenses as set forth in the Water Fund annual budget for the City’s current fiscal year or (b) $1,250,000. “Obligations” means the Parity Lien Obligations and any Subordinate Lien Obligations. “Operation and Maintenance Expenses” means all reasonable and necessary current expenses of the City, paid or accrued, for operating, maintaining, and repairing the Water Utility System, including without limitation legal and overhead expenses of the City directly related to the administration of the Water Utility System; provided however, that there shall be excluded from Operation and Maintenance Expenses (a) any allowance or transfers for depreciation, (b) any costs of improvement, extension or betterment that qualify as Capital Improvements or are incurred in connection therewith, and (c) payments due in connection with any bonds, notes, loans or other multiple fiscal year obligations issued or incurred to provide Capital Improvements or to refund Obligations. For purposes of the above definition expenses shall, to the extent possible, be determined in accordance with GAAP. “Ordinance” means this Ordinance which authorizes the execution of the Loan Agreements and the issuance of the Bonds, including any amendments properly made hereto. “Parity Lien Obligations” means the WIFIA Bond, the Bonds and one or more series of additional bonds, notes, interim securities or other obligations, if any, issued by the City having a lien on the Net Revenues which is on a parity with the lien of the WIFIA Bond and the Bonds. “Payment Date” means each Interest Payment Date and each Principal Payment Date. “Pledged Property” means the Net Revenues, including all amounts on deposit in or credited to the Debt Service Accounts, and all amounts in respect of Net Revenues that are on deposit in or credited to any other account or subaccount of the Water Fund. "Prime Rate" means the prevailing commercial interest rate established pursuant to the terms of the respective Loan Agreements. “Principal Payment Date” means, in relation to the CWRPDA Bonds, each August 1, commencing on the date set forth in the respective Loan Agreements. “Project” means the Englewood One Water Modernization Program – Water Utility System Project, which consists of a combination of sub-projects for the modernization of drinking water treatment and conveyance systems, the replacement of outdated electrical and control systems, the replacement of lead pipe, the modernization of metering processes, and the initiation of a water reuse program, located in or nearby Englewood, Colorado, as more specifically described in the Loan Agreements as the same may be amended or supplemented. “Project Costs” means the City’s costs properly attributable to the Project, or any parts thereof, and permitted by the provisions of the Enabling Law. Page 329 of 455 6 4890-6227-3454.1 “Pro Rata Portion” means when used with respect to a required credit to or deposit in the applicable Debt Service Accounts, the dollar amount derived by dividing the amount of principal or interest to come due on the next scheduled principal or interest Payment Date, as applicable, by the number of months prior to such Payment Date. “State” means the State of Colorado. “Subordinate Lien Obligations” means one or more series of bonds, notes, interim securities or other obligations issued by the City in compliance with the Loan Agreements and having a lien on the Net Revenues which is subordinate or junior (in priority of payment and security interest) to the Parity Lien Obligations. “Supplemental Public Securities Act” means Part 2 of Article 57 of Title 11, C.R.S. “Water Activity Law” means Title 37, Article 45.1, C.R.S. “Water Fund” means the proprietary fund of the City established for the purpose of accounting for the financial activity of the Water Utility Enterprise in accordance with Section 99 of the Charter, including all accounts and subaccounts established thereunder. “Water Utility Enterprise” means the “enterprise” of the City, within the meaning of Article X, Section 20 of the State Constitution, established for the purpose of operating the Water Utility System. “Water Utility System” means all of the City’s water facilities and properties now owned or hereafter acquired, whether situated within or without the geographical boundaries of the City, including all present or future improvements, extensions, enlargements, betterments, replacements or additions thereof or thereto, including but not limited to the Project. “WIFIA Bond” means the revenue bond evidencing the loan (WIFIA ID – 20113CO) for a maximum principal amount of $38,416,490 (excluding authorized capitalized interest not to exceed $11,583,510) from the United States Environmental Protection Agency to the City pursuant to the WIFIA Loan Agreement dated May 26, 2022. Section 2. Approval of Loan Agreements and Authorization of Bonds. Pursuant to and in accordance with the Enabling Law, the Bonds shall be issued by the City acting by and through its Water Utility Enterprise. The form of the Loan Agreements attached hereto setting forth the terms, conditions and details of the Bonds and the procedures relating thereto, are incorporated herein by reference and are hereby approved; all City officials and employees are hereby directed to take such actions as are necessary and appropriate to fulfill the obligations of the City under the Financing Documents. The City shall enter into the Loan Agreements and deliver the Bonds in substantially the forms presented to the City at or prior to this meeting of the City Council with only such changes as are not inconsistent herewith; provided that such documents may be completed, corrected, or revised as deemed necessary by the parties thereto in order to carry out the purposes of this Ordinance. The accomplishment of the Project and the payment of Project Costs are hereby authorized, approved, and ordered. Page 330 of 455 7 4890-6227-3454.1 It is hereby determined that the date of final maturity of the Bonds does not exceed the estimated life of the Project. Section 3. Details for the Bonds. (a) Form of Bonds. The Bonds shall be in substantially the forms set forth in Exhibit D to the respective Loan Agreements with such changes thereto, not inconsistent herewith, as may be necessary or desirable and approved by the officials of the City executing the same (whose manual or facsimile signatures thereon shall constitute conclusive evidence of such approval). (b) DWRF BIL LSL Direct Loan Agreement Bond. The Bond to be issued and delivered in connection with the DWRF BIL LSL Direct Loan Agreement shall be comprised of a Bond in a principal amount not to exceed $7,600,000, which shall bear interest at a net effective rate not to exceed three and one-half percent (3.50%) per annum, which Bond shall be payable semi-annually and mature not more than thirty years from the date of their issuance as more particularly set forth in the DWRF BIL LSL Direct Loan Agreement. (c) DWRF Leveraged Loan Agreement Bond. The Bond to be issued and delivered in connection with the DWRF Leveraged Loan Agreement shall be comprised of a Bond in a principal amount not to exceed $23,000,000, which shall bear interest at a net effective rate not to exceed five and one-half percent (5.50%) per annum, which Bond shall be payable semi-annually and mature not more than thirty years from the date of its issuance as more particularly set forth in the DWRF Leveraged Loan Agreement. (d) Late Charges. The Bonds may provide for a late charge (penalty interest rate) in an amount equal to the greater of twelve percent (12%) per annum or the Prime Rate plus one half of one percent per annum on late payments; provided however, such late charge rate shall not exceed the maximum rate permitted by law. (e) Delegation. For a period not to exceed six months from the effective date of this Ordinance, the City Council hereby delegates to the Mayor, or in the absence of the Mayor the Mayor Pro Tem, the right to determine, within the parameters established in this Section, the final principal of, interest rates and loan terms for the Bonds. Section 4. Pledge for Payment of the Bonds. (a) Pledge of Net Revenues. The Pledged Property is hereby pledged, assigned and granted for the payment of the amounts due under the Financing Documents. The Loan Agreements (and corresponding Bonds) shall constitute a first lien upon the Net Revenues and all other Pledged Property, on a parity with all other Parity Lien Obligations and senior to all other Obligations. Pursuant to and in accordance with Section 11-57-208, C.R.S., Net Revenues, as received by the City or otherwise credited to the Water Fund, shall immediately be subject to the lien of the pledge stated above without any physical delivery, filing, or further act. The lien of each such pledge, and the obligation to perform the contractual provisions made in this Ordinance Page 331 of 455 8 4890-6227-3454.1 and the other Financing Documents, shall have priority over any or all other obligations and liabilities of the City except for the Parity Lien Obligations. The lien of the above pledge shall be valid, binding, and enforceable as against all persons having claims of any kind in tort, contract, or otherwise against the City irrespective of whether such persons have notice of such liens. (b) Establishment of Accounts. There is hereby reaffirmed the Water Fund which shall continue to be maintained by the City to carry out the terms and provisions of this Ordinance and the Loan Agreements. There shall be established and maintained by the City such accounts or subaccounts within the Water Fund as are necessary or convenient to carry out the terms and provisions of this Ordinance and the Loan Agreements, including without limitation the CWRPDA Bond Accounts, within which are the CWRPDA Interest Subaccounts and the CWRPDA Principal Subaccounts, each established for the purpose of paying the debt service on the Bonds in accordance with the Financing Documents. No payments shall be made from Debt Service Accounts established for the payment of principal of and interest on any Subordinate Lien Obligations, if any, unless and until the amounts due in connection with all Parity Lien Obligations are made on any Payment Date. (c) Flow of Funds. The City shall credit to the Water Fund all Gross Revenues immediately upon receipt. The City shall pay from the Water Fund all Operation and Maintenance Expenses as they become due and payable. After such payment or the allocation of Gross Revenues to such payment, the City shall apply Net Revenues in the following order of priority: FIRST, in respect of all Parity Lien Obligations, to the credit of or deposit in the applicable Debt Service Accounts, including without limitation the CWRPDA Interest Subaccounts, an amount equal to the sum of 1/6th of the interest payments due on the next succeeding Interest Payment Date, provided that, if the period prior to the initial Interest Payment Date for any Additional Parity Lien Obligations is less than six months, the amount credited or deposited in respect of such Additional Parity Lien Obligations during such period shall be an amount equal to the Pro Rata Portion of the interest payment due in connection with such initial Interest Payment Date; SECOND, in respect of all Parity Lien Obligations, to the credit of or deposit in the applicable Debt Service Accounts, including without limitation the CWRPDA Principal Subaccounts, an amount equal to the sum of 1/12th of the principal payments due on the next succeeding Principal Payment Date, provided that, if the period prior to the initial Principal Payment Date for any Additional Parity Lien Obligations is less than twelve months, the amount credited or deposited in respect of such Additional Parity Lien Obligations during such period shall be an amount equal to the Pro Rata Portion of the principal payment due in connection with such initial Principal Payment Date; THIRD, in respect of all Subordinate Lien Obligations, to the credit of or deposit in the applicable Debt Service Accounts an amount equal to the sum of the Pro Rata Portion of the principal and interest due on the next succeeding Interest Payment Date and Principal Payment Date for the Subordinate Lien Obligations in the same manner as specified in clauses FIRST and SECOND above for the Parity Lien Obligations; Page 332 of 455 9 4890-6227-3454.1 FOURTH, to the credit of or deposit in any reserve accounts established for the payment of the Bonds and any Parity Lien Obligations the amounts required in the ordinances or related documents authorizing and controlling the establishment of such reserve accounts; and FIFTH, subject to any limitations otherwise established in connection with Parity Lien Obligations, to the credit of any other fund or account as may be designated by the City, to be used for any lawful purpose, any moneys remaining in the Water Fund after the payments and accumulations set forth in FIRST through FOURTH hereof. (d) The Bonds Do Not Constitute a Debt. The CWRPDA may not look to any general or other fund of the City for the payment of the principal of or interest on the Bonds, except the funds and accounts pledged thereto pursuant to authority of this Ordinance, and the Bonds shall not constitute a debt or an indebtedness of the City within the meaning of any constitutional or statutory provision or limitation; nor shall they be considered or held to be a general obligation of the City. Section 5. Various Findings, Determinations, Declarations and Covenants. The City Council, having been fully informed of and having considered all the pertinent facts and circumstances, hereby affirms the representations and covenants set forth in Article II of the respective Loan Agreements, and further finds, determines, declares and covenants that: (a) Additional Obligations. No bonds, notes, interim securities or other obligations shall be issued payable from the Net Revenues and having a lien thereon which is superior to, on a parity with, or subordinate to the lien of the Bonds unless there has been met the requirements set forth in EXHIBIT F of the Loan Agreements, under captions titled “Additional Bonds” in the DWRF BIL LSL Direct Loan Agreement and “Additional Senior, Parity and Subordinate Lien Bonds” in the DWRF Leveraged Loan Agreement. (b) Maintenance of Rates and Coverage. The City hereby covenants that it will establish, maintain, enforce and collect rates, fees and charges for services furnished by or the use of the Water Utility System as required in provisions under the caption titled “Rate Covenant” set forth in (i) EXHIBIT A of the DWRF BIL LSL Direct Loan Agreement and (ii) EXHIBIT F of the DWRF Leveraged Loan Agreement. In the event that Gross Revenues at any time are not sufficient to make the payments required by said provision, the City covenants to promptly increase such rates, fees and charges to an extent which will ensure compliance with said covenants. (c) Continuing Disclosure. The City hereby covenants that it will provide continuing disclosure as provided in Section 2.03 of the DWRF Leveraged Loan Agreement for the benefit of the holders of the revenue bonds to be issued by CWRPDA. (c) Enterprise Status. The City has established, and covenants to continue to maintain, the Water Utility System as an “enterprise” within the meaning of Article X, Section 20 of the Colorado Constitution; provided, however, after calendar year 2024 the City may disqualify the Water Utility System as an “enterprise” in any year in which said disqualification does not materially, adversely affect the enforceability of the covenants made pursuant to this Ordinance. In the event that the Water Utility System is disqualified as an enterprise and the Page 333 of 455 10 4890-6227-3454.1 enforceability of the covenants made pursuant to this Ordinance are materially, adversely affected, the City covenants to immediately take all actions necessary to (i) qualify the Water Utility System as an enterprise within the meaning of Article X, Section 20 of the Colorado Constitution and (ii) permit the enforcement of the covenants made herein. (d) Obligations Currently Secured by Net Revenues. Other than the outstanding WIFIA Bond, as of the date of this Ordinance the City has no outstanding debt, bonds, notes, loans or other multiple fiscal year obligation secured by a pledged of Net Revenues. (e) Findings of the City Council. The City Council having been fully informed of and having considered all the pertinent facts and circumstances, hereby finds, determines, declares and covenants with the CWRPDA that: (i) the Water Utility Enterprise has been duly established and is operating during the current calendar year as an “enterprise” within the meaning of Article X, Section 20 of the Colorado Constitution; (ii) the City Council elects to apply all of the provisions of the Supplemental Public Securities Act to the execution of the Loan Agreements and to the issuance and delivery of the Bonds; (iii) the execution of the Loan Agreements and the issuance and delivery of the Bonds, and all procedures undertaken incident thereto, are in full compliance and conformity with all applicable requirements, provisions, and limitations prescribed by the Enabling Law, and all conditions and limitations of the Enabling Laws, and other applicable law relating to the execution of the Loan Agreements and the issuance and delivery of the Bonds have been satisfied; and (iv) it is in the best interests of the City and its residents that the Bonds be authorized, issued, and delivered at the time, in the manner and for the purposes provided in this Ordinance. (f) Operations and Maintenance Reserve. The City hereby covenants to establish and maintain a reserve equal to the O&M Reserve Requirement, and, in the event of shortfalls, reestablish such amount as required by the Loan Agreements. Such reserve may be in the form of an unassigned fund balance in the Water Fund or other unobligated cash or securities (i.e., capital reserves) or may be in a separate segregated account and shall be maintained as a continuing reserve for payment of any lawful purpose relating to the Water Utility System. Section 6. Amendment of Ordinance. This Ordinance may be amended only with the prior written consent of the CWRPDA. Section 7. Limitation of Actions. Pursuant Section 11-57-212, C.R.S., no action or proceeding concerning the issuance of the Bonds shall be maintained against the City unless commenced within thirty days after the date of passage of this Ordinance. Section 8. Ratification of Prior Actions. All actions heretofore taken (not inconsistent with the provisions of this Ordinance) by the City Council or by the officers and Page 334 of 455 11 4890-6227-3454.1 employees of the City directed toward the issuance of the Bonds for the purposes herein set forth are hereby ratified, approved and confirmed. Section 9. Headings. The headings to the various sections and paragraphs to this Ordinance have been inserted solely for the convenience of the reader, are not a part of this Ordinance, and shall not be used in any manner to interpret this Ordinance. Section 10. Ordinance Irrepealable. After the respective Bonds have been issued, this Ordinance shall constitute a contract between the CWRPDA and the City, and shall be and remain irrepealable until the respective Bonds and the interest accruing thereon shall have been fully paid, satisfied, and discharged, as herein provided. Section 11. General Provisions Applicable to this Ordinance. The following general provisions and findings are applicable to the interpretation and application of this Ordinance: (a) Severability. If any clause, sentence, paragraph, or part of this Ordinance or the application thereof to any person or circumstances shall for any reason be adjudged by a court of competent jurisdiction invalid, such judgment shall not affect, impair or invalidate the remainder of this Ordinance or its application to other persons or circumstances. (b) Inconsistent Ordinances. All other Ordinances or portions thereof inconsistent or conflicting with this Ordinance or any portion hereof are hereby repealed to the extent of such inconsistency or conflict. (c) Safety Clauses. The City Council hereby finds, determines, and declares that this Ordinance is promulgated under the general police power of the City of Englewood, that it is promulgated for the health, safety, and welfare of the public, and that this Ordinance is necessary for the preservation of health and safety and for the protection of public convenience and welfare. The City further determines that the Ordinance bears a rational relation to the proper legislative object sought to be obtained. (d) Publication. Publication of this Ordinance may be in the City’s official newspaper, the City’s official website, or both. Publication shall be effective upon the first publication by either authorized method. (e) Actions Authorized to Effectuate this Ordinance. The Mayor is hereby authorized and directed to execute all documents necessary to effectuate the approval authorized by this Ordinance, and the City Clerk is hereby authorized and directed to attest to such execution by the Mayor where necessary. In the absence of the Mayor, the Mayor Pro Tem is hereby authorized to execute the above-referenced documents. The execution of any documents by said officials shall be conclusive evidence of the approval by the City of such documents in accordance with the terms thereof and this Ordinance. City staff is further authorized to take additional actions as may be necessary to implement the provisions of this Ordinance. Additionally, authorized officers and representatives as identified in Exhibit B to the Loan Agreements shall be Tim Hoos, Deputy Director – Engineering and Asset Management, Brittany Payton, Business Support Specialist, Kevin Engels, Director of Finance and Christine Hart, Accounting Supervisor. Page 335 of 455 12 4890-6227-3454.1 Section 12. Emergency Declaration and Effective Date. The City Council has been advised that to ensure that the City is included in the competitive DWRF bond sale scheduled by CWRPDA for approximately May 2024, authorization for the City to enter into the Loan Agreements and issue Bonds is needed by April 30, 2024. CWRPDA issues DWRF bonds every six months, and pools borrowers in order to maximize interest from bond investors. The pool of borrowers expected to be included in the bond sale this spring are the City of Englewood, the City of Greeley, South Adams Water and Sanitation District, the Town of Lochbuie, and the Upper Thompson Sanitation District. CWRPDA expects to post the Preliminary Official Statement for potential bond investors to review on April 30, 2024, and commence with the competitive sale of the bonds on May 8, 2024. Loan closing would then be scheduled on May 23 following final approval by the CWRPDA board. This timeline was communicated to Utilities staff following CWRPDA board approval of the Englewood DWRF Loan Application on March 8, 2024. Accordingly, in order to position the City to be included in a favorable bond pool, the emergency ordinance is needed to secure the funding and to achieve cost and interest rate certainty as the construction project will start in summer 2024. Therefore, for said reason, the City Council declares that this ordinance is necessary for the immediate preservation of public property, health, peace, or safety and an emergency exists. This Ordinance shall be effective immediately upon final passage and be published within seven days after publication following final passage. Introduced and passed on first reading on the 15th day of April, 2024; and on second reading, in identical form to the first reading, on the ___ day of ____________, 2024. Othoniel Sierra, Mayor ATTEST: _________________________________ Stephanie Carlile, City Clerk I, Stephanie Carlile, City Clerk of the City of Englewood, Colorado, hereby certify that the above and foregoing is a true copy of an Ordinance, introduced and passed in identical form on first and second reading on the dates indicated above; and published two days after each passage on the City’s official website for at least thirty (30) days thereafter. The Ordinance shall become effective thirty (30) days after first publication on the City’s official website. Stephanie Carlile Page 336 of 455 DWRF LOAN CREDIT REPORT City of Englewood (“The City”), Arapahoe County 1 Recommendation: CONDITIONAL APPROVAL Project Budget Loan Request: $40,000,000 DWRF Base Loan: $22,448,980 Est. Total Annual Debt Service: $1,700,184 DWRF BIL LSL Loan: $7,551,020 Leveraged Loan: $22,448,980 DWRF BIL LSL Principal Forgiveness: $10,000,000 Est. Interest Rate & Term: 4.00%, 30 Years 2022 WIFIA Loan: $20,000,000 Direct Loan: $7,551,020 Total: $60,000,000 Est. Interest Rate & Term: 3.50%, 30 Years Pledge: Water System Revenue Current Rate: $42.82 Estimated Rate Increase: $5.22 PROJECT DESCRIPTION: The project consists of identifying and replacing lead service lines (LSLs), to include both the public and private portions of the identified lead service lines, in accordance with Bipartisan Infrastructure Law requirements. COMMUNITY PROFILE: City of Englewood 2018 2019 2020 2021 2022 2023 Avg. Annual Change City Population 33,881 33,840 33,665 33,889 33,668 -0.16% Arapahoe County Population 650,167 653,804 655,212 656,722 656,015 0.22% Arapahoe County Jobs 412,580 422,007 406,341 414,636 423,716 0.67% Number of Water Connections 10,907 10,951 10,994 11,026 11,081 0.40% Number of Sewer Connections 10,907 10,951 10,994 11,026 11,081 0.40% Assessed Value ($000) 687,324 789,346 793,191 900,895 896,661 6.87% Actual Value ($000) 5,077,313 6,061,964 6,162,877 6,938,432 7,041,317 8.52% BORROWER BRIEF: The City of Englewood is located in Arapahoe County in the Denver metropolitan region and is bordered by the Cities of Denver, Sheridan, Littleton, and Cherry Hills Village. RECOMMENDATION: The City serves an urban community in the Denver metropolitan area. This proposed loan is necessary to address exposure to lead within the City. Of the City’s 11,081 service connections 2,127 are assumed to be lead service lines, 8,199 are assumed non-lead, and 755 are unknown. This project is part of an ongoing larger project to replace lead lines that are being funded by the City, and the City is in a strong financial position to take on the proposed debt. We therefore recommend the DWRF Committee approve a $22,448,980 DWRF base leveraged loan, a $7,551,020 DWRF Bipartisan Infrastructure Law (BIL) Lead Service Line loan, and $10,000,000 in DWRF BIL Lead Service Line principal forgiveness, to the City of Englewood on the condition rates are increased to meet loan requirements. $80,184 0 500 1000 1500 2000 2500 City of Englewood MHI $72,193, 2017-2021 ACS Households State MHI Income in thousands 140 140 BACK TO AGENDA BACK TO AGENDA Page 337 of 455 2 PROJECT SUMMARY: System summary: The City’s service area consists of 11,081 water service connections in two distinct distribution zones that encompass three pressure zones. Of these 11,000+ water service connections, 2,127 of these connections are assumed to consist of lead service lines, 8,199 are assumed non-lead, and 755 are unknown. This estimate is currently based on a review of available records on home construction date, meter tap size, compliance tap sampling, and historical plumbing codes. Field investigation efforts are ongoing and early LSL replacement activities will be utilized to refine the number of inventoried LSLs. Reason/need: The City is implementing a Lead Reduction Program as a multi-year program that will eliminate lead service lines in the water system and replace them with copper lines. The City is dedicated to the delivery of safe drinking water especially to vulnerable populations and the City plans to prioritize project areas that address exposure to lead in children and disadvantaged populations. System Compliance: The City is in compliance with the Colorado Primary Drinking Water Regulations, and the project is primarily intended to maintain compliance and meet future requirements. Project Delivery Method: Design/Bid/Build. Contingency: 0% of the total project cost is included as a contingency. This project is part of an ongoing larger project to replace lead service lines being funded by the City. CURRENT INDICATORS: 2020 2021 2022 Weak Average Strong Total Debt per Capita ($): 1,821 1,611 1,324 >$2,000 X $1,000 - 2,000 <$1,000 Total + New Debt/Capita ($): 2,215 X >$2,000 $1,000 - 2,000 <$1,000 Total Debt/Tap ($): 5,597 4,728 4,023 >$5,000 X $2,500-5,000 <$2,500 Total Debt + New Debt/Tap ($): 6,764 X >$5,000 $2,500-5,000 <$2,500 Current Water Debt/Tap ($): 891 826 760 >$2,000 $1,000 - 2,000 X <$1,000 Current Water + New Water Debt/Tap ($): 3,480 X >2,000 $1,000 - 2,000 <$1,000 Total Debt/Assessed Value: 7.76% 6.88% 4.95% >50% 25-50% X <25% Total Debt + New Water Debt/Assessed Value: 8.28% >50% 25-50% X <25% Total Debt/Actual Value: 1.01% 0.89% 0.64% >10% 5-10% X <5% Total Debt + New Water Debt/Actual Value: 1.07% >10% 5-10% X <5% Current Water Debt + New Debt/Tap/MHI: 4.82% >20% 10-20% X <10% Water Fund Current Ratio (CA/CL): 1268% 1245% 1115% <100% 100-200% X >200% Water Fund Reserves/Current Expense: 228% 213% 171% <50% 50-100% X >100% Water Operating Ratio (OR/OE): 135% 121% 106% <100% X 100-120% >120% Coverage Ratio (TR-OE)/DS: 369% 345% 190% <110% 110-125% X >125% Coverage Ratio (TR-OE)/DS Excluding Tap Fees: 318% 202% 43% X <110% 110-125% >125% Coverage Ratio with New Loan: 67% X <110% 110-125% >125% Coverage Ratio with New Loan Excluding Tap Fees: 15% X <110% 110-125% >125% Current Annual Water Rates/MHI: 0.66% >3.0% 1.5-3.0% X <1.5% Current Water Rates + New Water Debt Service/MHI: 0.87% >3.0% 1.5-3.0% X <1.5% Operation and Maintenance Reserve: 184% <25% 25-50% X >50% Total: 6 3 12 141 141 BACK TO AGENDA BACK TO AGENDA Page 338 of 455 3 FINANCIAL ANALYSIS: Of the twenty-one current indicators calculated, twelve are rated strong, three are average and six are considered weak. Overall, the indicators illustrate relatively high debt per capita, the water fund maintains strong finances and the ability to take on this loan. The strong indicators show strong reserves, consistently sufficient revenue to cover expenses and obligations, and affordable debt and rates compared to MHI. The weak indicators reflect a large loan added to existing debt. • Based on 2022 finances, coverage with the proposed loan is 67% with tap fee revenue. Additional annual revenue of about $1,122,046, or $8.48 per tap per month, would increase the coverage ratio to 110% when including tap fee revenue. With total rate increases of $3.26 since 2022, the projected increases after this loan are reduced to $5.22 per tap per month. • The City consistently generates sufficient operating revenue to cover operating expenses and maintained a strong five-year average operating ratio of 129%. The operating ratio has dropped since 2020, as expenses rose faster than revenues, due to increased staffing needed to implement numerous programmatic and capital projects following the adoption of its Water System and Sewer System Master Plan. • Water and sewer rates have increased 4.5% (administrative and volumetric fees) after adopting a new rate structure and in accordance with the City’s long-term financial planning efforts. The City plans to continue rate increases in future years ensuring future operating revenue covers operating expenses. • Debt service repayments on the U.S. Environmental Protection Agency’s (EPA) 2022 Water Infrastructure Financing and Innovation Act (WIFIA) loan for the remaining project costs are scheduled to begin in February 2031. In anticipation for potential rate increases due to this loan, the City plans to continue annual rate increases of 4.5% (administrative and volumetric fees) through 2037, according to documents provided by the City. Additional Project Financing The City submitted a loan application through the EPA’s WIFIA program for up to $38,416,490 for the water utility system, which was executed in May 2022. DESCRIPTION OF THE LOAN: An estimated $22,448,980 base leveraged loan with a thirty-year term with two payments annually at an estimated interest rate of 4.00% will cost the City approximately $1,291,623 in debt service annually. An estimated $7,551,020 BIL Lead Service Line direct loan with a thirty-year term with two payments annually at an interest rate of 3.50% will cost the City approximately $408,561 in debt service annually. The City also qualifies for $10,000,000 in DWRF BIL Lead Service Line principal forgiveness. BIL Principal Forgiveness Eligibility: In order to qualify for BIL principal forgiveness, a community must score three (3) points using the BIL Principal Forgiveness Eligibility Criteria outlined in the Intended Use Plans. The City scores 3 points as shown below. BIL PF DETERMINATION Benchmark Borrower Points 1. Five Year % Change in Population 0.95% > -0.16% 1 2a: County Job Loss 0.00% > 17.86% 0 2b: County Unemployment 5.61% < 4.82% 3: Median Household Income, or MHI exceeds 125% of state MHI (-1 point) $80,184 > $72,193 1 $100,230 < 4: Rates to MHI 0.83% < 0.66% 0 5: Project addresses removal of lead or emerging contaminants Yes Yes 1 6: % Minority 40.00% < 25.00% 0 7: % Households Housing Burdened 50.00% < 35.00% 0 8: % Population under 200% Poverty Level 40.00% < 25.00% 0 9: % Population under 200% Poverty Level + % Population over 65 years old 55.00% < 39.00% 0 10: Meets DAC criteria Yes No 0 Total Points Scored: 3 The City qualifies for BIL principal forgiveness and has expressed interest in receiving a proportional loan with principal forgiveness funding package. The City qualifies for approximately $10,000,000 in principal forgiveness, which is the current maximum for DWRF BIL Lead Service Line principal forgiveness. 142 142 BACK TO AGENDA BACK TO AGENDA Page 339 of 455 4 ECONOMIC ANALYSIS: The City has a 2022 population estimated at 33,668 and has decreased at an average annual rate of -0.16% since 2018. Arapahoe County has experienced an increase of 0.22% in population since 2018. The state population increased at an average annual rate estimated 0.71%. As part of the greater Denver metropolitan region and the Front Range, the region’s economy has jobs across all industry sectors and is dominated by regional services, retirees, government, and tourism. Correspondingly, the region’s largest job sectors are health services, professional, government, retail trade, construction, and waste management. The area’s largest employers consist of Health One Swedish Medical Center with 1,909 employees; Craig Hospital with 982 employees; Groove Toyota with 487 employees; Metro Community Providers Clinic with 465 employees; and Veolia Transportation with 317 employees. ORGANIZATIONAL ANALYSIS: Bond Rating The City’s debt was rated by Standard & Poor’s in 2022 and received an AA rating. Section 37-60-126(2) C.R.S. (Water Conservation Planning) The City sells more than 2,000 acre-feet of water per year and reports having a water efficiency plan on file with the Colorado Water Conservation Board as is required by statute. Organizational Structure The City is a home rule municipality governed by a council/manager form of government and was incorporated in 1903. The City provides services including police and fire protection, emergency medical services, water and wastewater services, public works, including construction and management of streets and stormwater management, parks, recreation, and cultural services, and municipal court services. Approximately 50 full-time employees staff the water utility. The utility is overseen by the Utilities Director, who reports to the City Manager, who reports to the Water Sewer Board and City Council. • The City has generally been in compliance with Colorado statutory budgeting and auditing requirements for the past five years. • The City maintains general liability insurance coverage through the Colorado Intergovernmental Risk Sharing Agency (CIRSA). • There are currently two pending lawsuits against the City. • There was an unsuccessful recall election for a member of City Council in September 2018. The attempt focused on concerns around professionalism, treatment of staff, and obstruction of City business. The recall failed at a 54% - 46% margin. •There was another unsuccessful recall election for four member s of City Council in October 2023. The recall attempt was related to proposed changes to the development code, called CodeNext. The recall failed for three Council Members, and the fourth recalled Council Member resigned before the vote. The vacant seat was filled following appointment by the remaining council members. Technical/Managerial/Financial (TMF) The WQCD and DLG conducted a review of the City’s technical, managerial and financial capacity to operate the water system. The review resulted in no mandatory financial requirements needing follow up by the City. Capital Improvement Plan As part of the application process, the City submitted a five-year Capital Improvement Plan for the Water Fund for 2024-2028, which anticipates annual capital outlay totaling $120,620,000 ranging from $18,850,00 to $31,470,000 annually for infrastructure and equipment replacement costs to be funded from reserves and loans. This includes the LSL replacement (totaling $41,500,000 through 2028), pump station improvements, waterline replacements, and water treatment plant process improvements among other projects. Intergovernmental The City has a 2023 intergovernmental agreement (IGA) with Centennial Water District (the “District”) for lease of Englewood’s surplus water as the City has leased raw water to the District since 1980. There are 6 measurement points utilizing meters and flumes and all delivery takes place at McLellan Reservoir. The City has agreed to make a good faith effort to supply surplus water but has the right to reduce or eliminate water sales to the District at its discretion. This agreement renewed in 2023 from the original 2003 agreement for 20 years through December 2042. 143 143 BACK TO AGENDA BACK TO AGENDA Page 340 of 455 5 REVENUE ANALYSIS: The City saw increases in both revenues and expenses while steadily increasing water and sewer rates since 2021. Revenues have increased since 2020 and further increased in 2021 due to the implementation of a new rate structure that includes a dedicated Capital Investment Fee charged monthly and increases by $1 every other year. Rate increases are a part of the City’s long-term financial planning that began in 2020 and are evaluated each year to ensure rates are keeping up with inflation and operating and maintenance expenses. Expenses within the Utilities Department and Water Fund also began to increase in 2020 following the completion of the City’s Water System and Sewer System Master Plan and the subsequent implementation of its recommendations. The plan identified several programmatic improvements such as increased department staffing (35 FTEs in 2020, now 64), environmental compliance framework, elevated storage tank inspection program, and a dam safety program. TRENDS 2018 2019 2020 2021 2022 2023 2024 Monthly Water Rate ($) 29.45 29.45 29.45 38.47 39.56 41.66 42.82 Monthly Sewer Rate ($) 19.31 21.69 23.21 24.56 21.95 22.94 23.97 Residential Water Tap Fee ($) 4,360 4,360 4,360 17,504 19,488 20,121 20,912 Residential Sewer Tap Fee ($) 1,400 1,400 1,400 1,969 2,022 2,088 2,612 Total Water Revenue ($) 9,927,938 9,848,917 10,935,522 12,359,049 13,834,359 Tap/Development Fees ($) 380,715 209,050 475,725 1,323,557 1,374,854 Water Operating Revenue ($) 9,368,150 9,252,743 10,105,451 11,134,308 12,785,693 Water Operating Expenses ($) 6,872,551 6,232,918 7,473,595 9,172,073 12,056,828 Water Net Operating Income ($) 2,495,599 3,019,825 2,631,856 1,962,235 728,865 Water Debt ($) 10,530,000 10,415,000 9,760,000 9,080,000 8,375,000 Total Debt ($) 75,418,939 68,750,439 61,289,840 54,587,579 44,577,236 Water Debt Service ($) 1,300,642 482,053 937,586 922,534 935,795 Water Debt Service/Tap/Month ($) 3.50 6.80 6.66 6.72 Water Fund Reserves ($) 14,275,008 16,664,958 19,211,385 21,475,384 22,193,072 Ratios 2018 2019 2020 2021 2022 Average Operating Revenue as % of Total Revenue 94% 94% 92% 90% 92% 93% Operating Revenue as % of Expenses 136% 148% 135% 121% 106% 129% Tap Fee Revenue as % of Total Revenue 3.83% 2.12% 4.35% 11% 9.94% 6.19% Recent Rate Increases The City’s most recent rate increase of $1.16 for water and $1.03 for sewer was implemented on January 1, 2024. $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 2018 2019 2020 2021 2022 Water Operating Revenue ($) Water Operating Expenses ($) Water Net Operating Income ($) 144 144 BACK TO AGENDA BACK TO AGENDA Page 341 of 455 6 User Charges The City’s current monthly water rate is estimated at $42.82 compared to the 2021 estimated state median of $55.72. The City’s average monthly water rate is based on typical residential consumption of 6,000 gallons per month and the City uses a tiered fee structure based on consumption. Residential and commercial users are charged a base administrative fee of $3.36 and a $16 Capital Improvement Fee, then a consumption charge of $3.91/1,000 gallons up to $400,000 gallons. A volume charge of $2.42/1,000 gallons is charged for consumption above 400,000 gallons. Outside of the City, residential rates follow a similar structure with a $5.48 administrative fee, $22.00 Capital Improvement Fee, and a consumption rate of $5.48/1,000 gallons up to 400,000. Consumption above 400,000 is charged at $3.39/1,000 gallons. The City’s water Capital Improvement Fee for commercial and industrial customers varies by meter size ranging from 5/8’’ to 10”: • 5/8-3/4” meters are $16.00/month inside City and $22.00/month outside City • 1” meter is $26.68/month inside and $36.68/month outside City • 1.5” meter is $53.21/month inside and $73.17 outside City • 2” meter is $85.50/month inside and $117.57 outside City The City’s current estimated average monthly residential sewer rate is $23.97 compared to the 2021 estimated state median of $40.38. The City’s average monthly sewer rate is based on typical residential consumption of 6,000 gallons/month. For all residential customers, there is a minimum charge for 6,000 gallons and a volumetric rate of $3.75/1,000 gallons. Outside the City, the rate schedule follows a similar formula with a minimum volumetric rate of $26.28 equal to 6,000 gallons/month. The volumetric charge is $4.38/1,000 gallons. The City’s sewer charge for commercial and industrial customers varies by meter size ranging from 5/8’’ to 10”: • 5/8” meter is $33.34/month inside city and $38.98/month outside the City • ¾” meter is $50.19/month inside city and $58.68/month outside the City • 1” meter is $83.16/month inside and $97.22/month outside the City • 1.5” meter is $165.84/month inside and $193.96 outside the City • 2” meter is $265.94/month inside and $310.31outside the City Contributed Capital Revenue from tap fees has ranged from $209,050 to $1,374,854 and has averaged 6.19 % of total water revenue during the last five years. The City’s most recent water tap fee rate increase occurred in January 2024. • Residential water tap fees are (inside/outside City): $20,219/$29,278 (¾” or smaller), $34,870/$48,818 (1”), $69,548/$97,396 (1½”), $111,757/$156,460 (2”), $223,035/$312,249 outside (3”). • Multi-Unit Water tap fees (inside/outside City): $12,567/$17,593 base fee per dwelling with additional charges per dwelling of $2,782/3,895 for first 12, $2,159/3,023 for next 22 units, and $1,319/1,847 over 34 units. • Residential sewer tap fees are (both inside and outside City): $2,612 (¾” or smaller), $4,355 (1”), $8,686 (1½”), $13,958 (2”), $27,856 (3”). • Multi-Unit Sewer tap fees (inside/outside City): $12,567/ $17,593 base fee per dwelling with additional charges per dwelling of $2,782/3,895 for first 12, $2,159/3,023 for next 22 units, and $1,319/1,847 over 34 units. • Multi-Unit and Commercial Sewer tap fees (both inside and outside City): $1.96base fee per dwelling with additional charges per dwelling of $430 for first 12, $346 for next 22 units, and $199 over 34 units. Current System Utilization Current Fee Summary Usage Revenue Tap size Water user/tap fees Sewer user/tap fees Residential 66% 69% ¾” $42.82/$20,219 $23.97/$2,616 Non-residential (per EQR) 34% 31% ¾” $59.59/$29,278 $26.28/$2,616 145 145 BACK TO AGENDA BACK TO AGENDA Page 342 of 455 7 DEBT as of December 31, 2022 Executed Lender Term End Pledge Outstanding Interest Rate Annual payment 2012 Water Bonds 2032 G.O. $6,245,000 2.5-3% $540,000 2019 Water Bonds 2029 G.O. $2,130,000 2.29% $190,000 2010 Bonds 2023 G.O. $590,000 4% $613,600 2017 Bonds 2036 G.O. $21,625,000 5-5.25%$2,195,463 2021 Stormwater Revenue Bonds 2045 Stormwater revenue $8,665,000 3%-4% $240,000 2004 CWRPDA- WPCRF 2025 Sewer revenue $11,493,948 3.87% $4,077,309 2022 CWRPDA- WPCRF 2042 Stormwater Revenue 26,000,000.00 2.25% $1,621,541 The debt service repayments on the EPA’s 2022 WIFIA loan of up to $38,416,490 do not begin until February 2031. Therefore, this future debt was not included in the financial analysis or listed as current debt. LOAN COVENANTS: The City will have to meet the Authority’s 110% rate covenant, 3 month operations and maintenance reserve fund covenant and the 110% additional bonds test (if applicable) on an annual basis. The City has no existing DWRF debt with the SRF. The City met the Loan Covenants on its WPCRF leveraged loan dated 2004 and WPCRF direct loan dated 2022 with the Authority. The City has also had no debt service payment issues. Prepared by: Peter Dieterich Date: February 20, 2024 Project # No. 210381D-I Cost Categories: Transmission and distribution - 100% 146 146 BACK TO AGENDA BACK TO AGENDA Page 343 of 455 Estimated Population - 2022 33,668 Number of Water Taps/Customers - 2022 11,026 Total Assessed Valuation (in thousands) - 2022 $900,895,000 Actual Value of All Real Property (in thousands) - 2022 $6,938,432,000 Median Household Income (MHI) - 2021 $72,193 Monthly Water Rate - 2022 $39.56 Water Operating Revenue - 2022 $12,785,693 Water Total Revenue - 2022 [May include non-operating revenue, such as contributed capital, tap & system development fees, interest income, S.O. tax and property tax. Excludes one-time capital grants.]$13,834,359 Water Tap and System Development Fee Revenue - 2022 $1,374,854 Water Operating Expense - 2022 $12,056,828 Water Current Expense - 2022 $12,992,623 Water Debt - 2022 $8,375,000 Total Debt - 2022 $44,577,236 Water Fund Reserves - 2022 $22,193,072 Water Debt Service - 2022 $935,795 Leveraged Loan Direct Loan New Water Debt [Requested DWRF loan amount.]$30,000,000 $22,448,980 $7,551,020 Requested DWRF Loan Term 30 30 30 Requested DWRF Loan Interest Rate 4.00% & 3.50%4.00% 3.50% New Loan's Annual Water Debt Service (two payments annually)$1,700,184 $1,291,623 $408,561 February 23, 2024 DWRF Credit Report City of Englewood, Arapahoe County Using most recent data available (Census, audits, local records) 147 147 BACK TO AGENDA BACK TO AGENDA Page 344 of 455 1 Total Debt $44,577,236 ÷ Population 33,668 = $1,324 New Debt $30,000,000 ÷ Population 33,668 = $891 Total Debt + New Debt $74,577,236 ÷ Population 33,668 = $2,215 2 Total Debt $44,577,236 ÷ Number of Taps 11,026 = $4,043 New Debt $30,000,000 ÷ Number of Taps 11,026 = $2,721 Total Debt + New Debt $74,577,236 ÷ Number of Taps 11,026 = $6,764 3 Total Debt $44,577,236 ÷ Assessed Value $900,895,000 = 4.95% New Debt $30,000,000 ÷ Assessed Value $900,895,000 = 3.33% Total Debt + New Debt $74,577,236 ÷ Assessed Value $900,895,000 = 8.28% 4 Total Debt $44,577,236 ÷ Actual Value $6,938,432,000 = 0.64% New Debt $30,000,000 ÷ Actual Value $6,938,432,000 = 0.43% Total Debt + New Debt $74,577,236 ÷ Actual Value $6,938,432,000 = 1.07% 5 Current Water Debt $8,375,000 ÷ Number of Taps 11,026 = $760 (Current Water Debt + New Water Debt) / Number of Taps $3,480 ÷ MHI $72,193 = 4.82% 6 Current Ratio (CA / CL) Current Assets $24,379,223 ÷ Current Liabilities $2,186,151 = 1115% 7 Reserve/Expense Ratio Reserves $22,193,072 ÷ Current Expenses $12,992,623 = 171% 8 Operating Ratio (OR / OE) Operating Revenues $12,785,693 ÷ Operating Expenses $12,056,828 = 106% 9 Coverage Ratio [(TR - OE) / DS] Total Revenues $13,834,359 - Minus Operating Expenses $12,056,828 = $1,777,531 ÷ Current Debt Service $935,795 = 190% 10 Coverage Ratio Excluding Tap and Development Fee Revenue $1,777,531 Minus Tap and Development Fee Revenu $1,374,854 = $402,677 ÷ Current Debt Service $935,795 = 43% 11 Projected Coverage Ratio Total Revenues $13,834,359 Minus Operating Expenses $12,056,828 = $1,777,531 Total Debt Service (with new loan)$2,635,979 = 67% 12 Projected Coverage Excluding Tap and Development Fee Revenue $1,777,531 Minus Tap and Development Fee Revenu $1,374,854 = $402,677 ÷ Total Debt Service (with new loan)$2,635,979 = 15% 13 Current Debt Service $935,795 ÷ Number of Taps 11026 = $84.87 Annual New Water Debt Service $1,700,184 ÷ Number of Taps 11026 = $154.20 14 2022 Annual Water Rate (Monthly Rate x 12)$474.72 ÷ MHI $72,193 = 0.66% 2022 Annual Water Rate + New Annual Debt Service Per Tap $628.92 ÷ MHI $72,193 = 0.87% 15 Current 2022 Monthly User Charge $39.56 (Debt Service on DWRF Loan / 2022 Taps / Month)$12.85 Total $52.41 16 Operation and Maintenance Reserve Reserves $22,193,072 ÷ Operating Expenses $12,056,828 = 184% Current Indicators (2022) City of Englewood (Water Only) 148 148 BACK TO AGENDA BACK TO AGENDA Page 345 of 455 Benchmark Applicant Points Notes on Data Used Eligiblity Criteria 1 Population loss or growth is slower than the  state's over 5 years <=0.95%‐0.16% 1.0 Current Population (2021)33,668 Poulation five years ago (2017)33,881 2a County‐level job loss over 10‐years >=0 17.86% 0.0 2b County 24 Month unemployment rate exceeds  the state's plus 1%>=5.61%4.82% 0.0 3 Median Household Income <= 80,184$             72,193 1.0 If MHI CV > 40%, calculate result at top of band Result >= 100,230$           0.0 Reliability (CV)<=40.00%4.13% Y If MHI CV > 40%, calculate result at top of band Result 4 Rates compared to MHI >0.83%0.66% 0.0 W Monthly Residential Rate >39.56 5 Project addresses removal of lead or emerging  contaminants Yes Yes 1.0 6 % Population that identifies as minority is equal  to or greater two‐thirds of communities in the  state >40.00% 25.00% 0.0 7 % Population that are housing burdened is  equal to or greater than two‐thirds of  communities in the state >50.00% 35.00% 0.0 8 % Population under 200% Poverty Level is  equal to or greater than two thirds of  communities in the state >40.00% 25.00% 0.0 9 % Population under 200% Poverty Level + %  Population over 65 years old is equal to or  greater than two thirds of communities in the  state >=55.00% 39.00% 0.0 % Population over 65 years old 14.00% 10 Meets base program DAC criteria?No 0.0 BIL Eligibility Points 3.0 DWRF Only Describe calculation here; rate structure, average residential water/use use if applicable, etc.  149 149 BACK TO AGENDA BACK TO AGENDA Page 346 of 455 DWRF Priority Point Calculations DOLA Score:95 Benchmarks $80,184 2017-2021 State MHI estimate Points Entity Value P1 MHI $72,193 90% <50% of state MHI 35 Between 51% and 80% of state MHI 20 Between 81% and 100% of state MHI 5 >100% state MHI 0 S5b User Fees (projected water rate at 110%/tap/MHI)1.92% Rates are > 1.64%45 Rates are between 1.12% and 1.64%25 OR S5b User Fees for a combined water & sewer fund Rates are > 2.94%45 Rates are between 2.07% and 2.94%25 S4b Projected water debt per tap compared to MHV 1.02% Debt is > 0.96%45 Debt is between 0.36% and 0.96%25 OR S4b Projected water & sewer debt (for combined systems) Debt is > 1.93%45 Debt is between 0.82% and 1.93%25 Population served 33,668 Less than 500 35 Between 500 and 1,000 25 Between 1,000 and 2,000 20 Between 2,000 and 5,000 15 Betweeen 5,000 and 10,000 5 >10,000 0 S3 Assessed Value/Household 53,993 AV per household is < $11,628 35 AV per household is between $11,628 and $23,022 20 AV per household is between $23,022 and $39,780 10 AV per household is greater than $39,780 0 150 150 BACK TO AGENDA BACK TO AGENDA Page 347 of 455 Principal Forgiveness and Priority Point Scoring Applicant: City of Englewood DWRF or WPCRF: DWRF Is applicant receiving funds from BASE program, BIL program, or BOTH? BIL BIL Principal Forgiveness Eligible for BIL principal forgiveness? Yes Eligible BIL principal forgiveness percentage: 52.546% Amount of principal forgiveness awarded (accounting for any applicable cap/max): $10,000,000 Priority Point Scoring Total WQCD Score: 60 DOLA Affordability Score: 95 Total Score: 155 151 151 BACK TO AGENDA BACK TO AGENDA Page 348 of 455 COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY RESOLUTION NO. 24-10 A RESOLUTION FOR APPROVAL OF A DRINKING WATER DIRECT LOAN TO THE CITY OF ENGLEWOOD AND EXECUTION OF A LOAN AGREEMENT AND OTHER NECESSARY DOCUMENTS THEREFOR WHEREAS, the Colorado Water Resources and Power Development Authority (the “Authority”) has received and reviewed an Application for a Bipartisan Infrastructure Law (“BIL”) Lead Service Line (“LSL”) and BIL LSL Principal Forgiveness (“PF”) direct loan from the Drinking Water Revolving Fund from the City of Englewood (the “Applicant”); and WHEREAS, the Loan Application has been reviewed and recommended for approval in accordance with the procedures provided therefor in the Memorandum of Agreement between the Authority, the Colorado Department of Public Health and Environment, and the Colorado Department of Local Affairs concerning the operation of the Drinking Water Revolving Fund; and WHEREAS, the proposed Project to be financed by the proposed direct loan is included on the Project Eligibility List of projects eligible for financial assistance from the Drinking Water Revolving Fund, and the Water Quality Control Division of the Colorado Department of Public Health and Environment has certified that the proposed Project has met all other requirements and prerequisites for eligibility for financial assistance from the Drinking Water Revolving Fund. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Colorado Water Resources and Power Development Authority: 1. That the proposed direct loan to the City of Englewood in an amount not to exceed $17,551,020 (*$7,551,020 of BIL LSL direct loan, plus *$10,000,000 of BIL LSL PF funds, for a total of $17,551,020 DWRF loan funds) is approved subject to the terms and conditions set forth on the attached Exhibit A; 2. That the staff is directed to negotiate a Loan Agreement and other documents incorporating such terms and conditions as are appropriate to effectuate the proposed direct loan; 3. That the Executive Director and Assistant Secretary are authorized and directed to execute the Loan Agreement and any other necessary and reasonable documents for the proposed direct loan in order to consummate the direct loan approved hereby. 152 152 BACK TO AGENDA BACK TO AGENDA Page 349 of 455 CERTIFICATE The undersigned officers of the Board of Directors of the Colorado Water Resources and Power Development Authority do hereby certify that the above Resolution No. 24-10 was adopted by the Colorado Water Resources and Power Development Authority at a regular meeting of the Board of Directors (meeting conducted using a combination of both in-person and video and audio tele-conferencing) with a quorum present in Denver, Colorado on March 8, 2024. Chairman Secretary 153 153 BACK TO AGENDA BACK TO AGENDA Page 350 of 455 EXHIBIT A Borrower: City of Englewood Project: The project consists of identifying and replacing lead service lines (LSLs), to include both the public and private portions of the identified lead service lines, in accordance with Bipartisan Infrastructure Law requirements. Pledge: Water System Revenue Loan Term: Up to 30 years Interest Rate: 3.50% Amount not to exceed: $17,551,020 (*$7,551,020 of BIL LSL direct loan, plus *$10,000,000 of BIL LSL PF funds, for a total of $17,551,020 DWRF loan funds) Subject to the following terms & conditions: 1. The City increasing user rates, if necessary, sufficiently to meet the Authority’s rate covenant prior to loan execution. * - Estimated PF and direct loan amounts through the BIL and/or Base programs. The exact amount will be based on the BIL capitalization grant principal forgiveness to loan ratio while taking into account set asides. However, in the unlikely event the ratio increases the loan amount by more than a de-minimis amount, as determined by the Executive Director, the credit will be returned to the Board for further evaluation and consideration. 154 154 BACK TO AGENDA BACK TO AGENDA Page 351 of 455 Contract Number City Contact Information: Staff Contact Person Phone Title Email Summary of Terms: Original Contract Amount Start Date 5/23/2024 Amendment Amount End Date 5/22/2054 Amended Contract Amount Total Term in Years 30.00 Vendor Contact Information: Name Contact Address Phone Email Denver CO City State Zip Code Contract Type: Please select from the drop down list Description of Contract Work/Services Procurement Justification of Contract Work/Services CONTRACT APPROVAL SUMMARY COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY 1580 Logan Street, Suite 620 LOAN AGREEMENT A DWRF BIL Lead Service Line Direct loan $ 17,551,020 $ - $ 17,551,020 303.349.3766Sarah Stone SStone@englewoodco.govUtilities Deputy Director – Business Solutions and Engineering Renewal options available n/a The Bipartisan Infrastructure Law (BIL), previously referred to as the Infrastructure Investment and Jobs Act, was signed into law on November 15, 2021. The BIL will invest more than $50 billion over the next five years in U.S. Environmental Protection Agency (EPA) water infrastructure programs, including the State Revolving Fund (SRF) loan programs. In Colorado, the BIL funding is issued through the Drinking Water Revolving Fund (DWRF) in three categories: 1) DWRF BIL General Supplemental Funding, 2) DWRF BIL Emerging Contaminants Funding, and 3) DWRF BIL Lead Service Line Funding. The DWRF loan program incentivizes the acceleration of water infrastructure improvements by providing long-term, low-cost supplemental loans for regionally and nationally significant projects. The DWRF program provides favorable loan terms that meet or exceed the value provided in other borrowing mechanisms. This includes: • Low interest rates that are locked in at time of closing • Interest accrued as funds are disbursed • Loan repayment term of up to 30 years Additionally, the BIL funding comes with a requirement that a certain percentage of the funds is distributed as loan principal forgiveness (i.e., grants) to “disadvantaged communities.” Englewood Utilities began the process of applying for this funding in the summer of 2022 to fund the Lead Reduction Program. The comprehensive DWRF application package was submitted to the CWRPDA on December 21, 2023. Since that time, City staff, along with the CWRPDA, have been performing financial and environmental due diligence, and refining project costs. Englewood Utilities was approved by the CWRPDA Board for funding through the DWRF on March 8, 2024. 80203 Payment or Revenue terms (please describe terms or attached schedule if based on deliverables) kmclaughlin@cwrpda.com Executive Director A DWRF BIL Lead Service Line Direct loan in the anticipated amount of $17,551,020, with a thirty-year term at an interest rate of 3.50%. This first loan will cost the City approximately $409,000 in debt service annually. Utilities staff anticipate that $10,000,000 of this loan will be subject to principal forgiveness as per the March 8 approval by CWRPDA. Page 352 of 455 CONTRACT APPROVAL SUMMARY The DWRF loan eliminates the need for the city to cash-fund the Lead Reduction Program and spreads repayment over 30 years. This results in a more equitable share of costs among those who benefit from improvements now and customers who will benefit in the future. This Emergency Ordinance to the City Council is requested to ensure Englewood is included in the competitive DWRF bond sale scheduled by CWRPDA in May 2024. CWRPDA issues DWRF bonds approximately every six months, and pools borrowers in order to maximize interest from bond investors. The pool of borrowers expected to be included in the bond sale this spring are: the City of Englewood, the City of Greeley, South Adams Water and Sanitation District, the Town of Lochbuie, and the Upper Thompson Sanitation District. CWRPDA expects to post the Preliminary Official Statement for potential bond investors to review on April 30, 2024, and commence with the competitive sale of the bonds on May 8, 2024. Loan closing would then be scheduled for May 23 following final approval by the CWRPDA board. This timeline was communicated to Utilities staff following CWRPDA board approval of the Englewood DWRF Loan Application on March 8, 2024. Accordingly, in order to position the City to be included in a favorable bond pool, the Emergency Ordinance is needed to secure the funding and to achieve cost and interest rate certainty as the construction project will commence this summer. Page 353 of 455 CONTRACT APPROVAL SUMMARY Source of Funds: Revenue CAPITAL ONLY A B C 1=A-B-C Capital Tyler New World Revenue to Loan Revenue Operating Year Project # / Task #Fund Division Account Line Item Description Contract Title Budget Date Amount Remaining R 2024 40 1607 37201 A DWRF BIL Lead Service Line Direct loan 18,000,000$ -$ 17,551,020$ (448,980)$ R 2024 40 1607 37201 Leveraged Loan 18,000,000$ -$ 23,000,080$ 5,000,080$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total Current Year 18,000,000$ -$ 40,551,100$ 22,551,100$ C -$ -$ -$ -$ C -$ -$ -$ -$ O -$ -$ -$ -$ O -$ -$ -$ -$ O -$ -$ -$ -$ Total - Year Two -$ -$ -$ -$ GRAND TOTAL 18,000,000$ -$ $40,551,100*22,551,100$ *Funding will be available through 2054, includes $10,000,000 of principal forgiveness Process for Choosing Contractor: Solicitation Name and Number Attachment (For Capital Items Only / Expense Line Item Detail is Located in OpenGov): All Other Attachments: A DWRF BIL Lead Service Line Direct loan NOTES/COMMENTS (if needed): For Operating Line Item Detail, please review information provided in Tyler New World For Capital Items, please review Prior Month's Project Status and Fund Balance Report Borrowing Proceeds Borrowing Proceeds General Ledger Account String Solicitation:Evaluation Summary/Bid Tabulation Attached Proposal/Bid Attached Prior Month-End Project Status and Fund Balance Report Evaluation Summary/Bid Tabulation AttachedEvaluation Summary/Bid Tabulation AttachedEvaluation Summary/Bid Tabulation AttachedContract Copy of Original Contract if this is an Amendment Copies of Related Contracts/Conveyances/Documents Addendum(s) Exhibit(s) Certificate of Insurance Page 354 of 455 DRINKING WATER REVOLVING FUND LOAN AGREEMENT BETWEEN COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY AND CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE DATED May 23, 2024 Direct Loan - Revenue Pledge – BIL Lead with Principal Forgiveness DR A F T Page 355 of 455 -2- LOAN AGREEMENT THIS LOAN AGREEMENT is made and entered into as of this 23rd day of May 2024, by and between COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY (the "Authority"), a body corporate and political subdivision of the State of Colorado, and the CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE (the "Governmental Agency"). WITNESSETH THAT: WHEREAS, the United States, pursuant to the federal Safe Drinking Water Act of 1996, assists state and local participation in the financing of the costs of drinking water system projects and said federal Drinking Water Act requires each state to establish a drinking water revolving fund to be administered by an instrumentality of the State. WHEREAS, the Authority was created to initiate, acquire, construct, maintain, repair, and operate or cause to be operated certain water resource projects, and to finance the cost thereof; WHEREAS, Section 37-95-107.8, Colorado Revised Statutes, has created a Drinking Water Revolving Fund to be administered by the Authority; WHEREAS, the Authority has determined to loan certain sums to governmental agencies in Colorado to finance all or a portion of the costs of certain water resource projects, which loans are subject to the requirements of applicable federal law, regulations, and guidelines then in effect; WHEREAS, the Authority has authorized certain funds to be applied through its Drinking Water Revolving Fund to qualified governmental agencies as Principal Forgiveness, as defined below; WHEREAS, the Colorado Legislature has approved a Project Eligibility List that includes the water resource project proposed by the Governmental Agency to be financed hereunder; WHEREAS, the Governmental Agency has made timely application to the Drinking Water Revolving Fund for a loan to finance a portion of the cost of a certain water resource project, the Authority has approved the Governmental Agency's application for a loan from available funds in the Drinking Water Revolving Fund in an amount not to exceed the amount of the loan commitment set forth in Exhibit B hereto to finance all or a portion of the cost of such project, and the Authority has approved the application of Principal Forgiveness funds to that portion of the Loan as set forth in Exhibit B; DR A F T Page 356 of 455 -3- WHEREAS, the Governmental Agency will issue its bond to the Authority to evidence said loan from the Authority; NOW THEREFORE, for and in consideration of the award of the loan by the Authority, the Governmental Agency agrees to perform its obligations under this Loan Agreement in accordance with the conditions, covenants and procedures set forth herein and attached hereto as a part hereof, as follows: ARTICLE I DEFINITIONS SECTION 1.01. Definitions. The following terms as used in this Loan Agreement shall, unless the context clearly requires otherwise, have the following meanings: "Act" means the "Colorado Water Resources and Power Development Authority Act," being Section 37-95-101 et seq. of the Colorado Revised Statutes, as the same may from time to time be amended and supplemented. "Authority" means the Colorado Water Resources and Power Development Authority, a body corporate and political subdivision of the State of Colorado duly created and validly existing under and by virtue of the Act. "Authorized Officer" means, in the case of the Governmental Agency, the person whose name is set forth in Paragraph (7) of Exhibit B hereto or such other person or persons authorized pursuant to a resolution or ordinance of the governing body of the Governmental Agency to act as an Authorized Officer of the Governmental Agency to perform any act or execute any document relating to the Loan, the Governmental Agency Bond, or this Loan Agreement, whose name is furnished in writing to the Authority. "Commencement Date" means the date of commencement of the term of this Loan Agreement, as set forth in Paragraph (1) of Exhibit B attached hereto and made a part hereof. "Cost" means those costs that are eligible to be funded from draws under the Federal Capitalization Agreement capitalizing the Drinking Water Revolving Fund and are reasonable, necessary and allocable to the Project and are permitted by generally accepted accounting principles to be costs of the Project. "Custodian" means US Bank National Association, or any successor appointed by the Authority as custodian of the direct loan portion of the Drinking Water Revolving Fund. "Event of Default" means any occurrence or event specified in Section 5.01 hereof. DR A F T Page 357 of 455 -4- "Federal Capitalization Agreement" means the instrument or agreement established or entered into by the United States of America Environmental Protection Agency with the Authority to make capitalization grant payments pursuant to the Safe Drinking Water Act, as amended (42 U.S.C. Section 300f et seq.) "Governmental Agency" means the entity that is a party to and is described in the first paragraph of this Loan Agreement, and its successors and assigns. "Governmental Agency Bond" means the bond executed and delivered by the Governmental Agency to the Authority to evidence the Loan, the form of which is attached hereto as Exhibit D and made a part hereof. "Loan" means the loan made by the Authority to the Governmental Agency to finance or refinance a portion of the Cost of the Project pursuant to this Loan Agreement. For all purposes of this Loan Agreement, the amount of the Loan at any time shall be the amount of the loan commitment set forth in Paragraph (4) of Exhibit B attached hereto and made a part of this Loan Agreement, less any Principal Forgiveness applied to the Loan by the Authority pursuant to Exhibit B. "Loan Agreement" means this Loan Agreement, including the Exhibits attached hereto, as it may be supplemented, modified, or amended from time to time in accordance with the terms hereof. "Loan Closing" means the date upon which the Governmental Agency shall issue and deliver the Governmental Agency Bond. "Loan Repayments" means the payments payable by the Governmental Agency pursuant to Section 3.03 of this Loan Agreement, including payments payable under the Governmental Agency Bond. "Loan Term" means the term of this Loan Agreement provided in Paragraph (5) of Exhibit B attached hereto and made a part hereof, subject to the Principal Forgiveness clause set forth in Paragraph (10) of Exhibit B, if applicable. If the Loan is prepaid in its entirety pursuant to Section 3.07, the Loan Term shall automatically terminate. "Pledged Property" means the source of repayment described in Paragraph (3) of Exhibit A to this Loan Agreement attached hereto and made a part hereof. "Prime Rate" means the prevailing commercial interest rate announced by the Wall Street Journal from time to time, or, if the Wall Street Journal ceases announcing a prime rate, shall be the prevailing commercial interest rate announced by Citibank, N.A. as its prime lending rate. "Principal Forgiveness" means forgiveness of the Governmental Agency’s obligation to repay that portion of the principal amount of the Loan. This may take the form of "Up-Front Principal Forgiveness" in the amount identified in Part (4)(a) of Exhibit B, attached hereto and DR A F T Page 358 of 455 -5- made a part hereof, which amount shall be applied at Closing, or as "Post-Closing Principal Forgiveness" in a manner to be effectuated in the Authority’s discretion as provided in paragraph (10) of Exhibit B, or both. "Project" means the project of the Governmental Agency described in Paragraph (1) of Exhibit A attached hereto and made a part hereof, all or a portion of the Cost of which is financed or refinanced by the Authority through the making of the Loan under this Loan Agreement. "Project Loan Account" means the Project Loan Account established within the Drinking Water Revolving Fund. "System" means the water system of the Governmental Agency, including the Project, described in Paragraph (2) of Exhibit A attached hereto and made a part hereof for which the Governmental Agency is making the borrowing under this Loan Agreement, as such System may be modified, replaced, or expanded from time to time. Except where the context otherwise requires, words importing the singular number shall include the plural number and vice versa, and words importing persons shall include firms, associations, corporations, agencies and districts. Words importing one gender shall include the other gender. ARTICLE II REPRESENTATIONS AND COVENANTS OF GOVERNMENTAL AGENCY SECTION 2.01. Representations of Governmental Agency. The Governmental Agency represents for the benefit of the Authority: (a) Organization and Authority. (i) The Governmental Agency is a governmental agency as defined in the Act and as described in the first paragraph of this Loan Agreement. (ii) The Governmental Agency has full legal right and authority and all necessary licenses and permits required as of the date hereof to own, operate, and maintain the System, other than licenses and permits relating to the construction and acquisition of the Project that the Governmental Agency expects to receive in the ordinary course of business; to carry on its activities relating thereto; and to undertake and complete the Project. The Governmental Agency has full legal right and authority to execute and deliver this Loan Agreement; to execute, issue, and deliver the Governmental Agency Bond; and to carry out and consummate all transactions contemplated by this Loan Agreement and the Governmental Agency Bond. The Project is on the drinking water project eligibility list approved by the General Assembly of the State of Colorado pursuant to the Act and is a project that the Governmental Agency may undertake DR A F T Page 359 of 455 -6- pursuant to Colorado law, and for which the Governmental Agency is authorized by law to borrow money. (iii) The proceedings of the Governmental Agency's governing members approving this Loan Agreement and the Governmental Agency Bond, and authorizing their execution, issuance, and delivery on behalf of the Governmental Agency, and authorizing the Governmental Agency to undertake and complete the Project, or to cause the same to be undertaken and completed, have been duly and lawfully adopted and approved in accordance with the laws of Colorado, and such proceedings were duly approved and published, if necessary, in accordance with applicable Colorado law, at a meeting or meetings that were duly called pursuant to necessary public notice and held in accordance with applicable Colorado law, and at which quorums were present and acting throughout. (iv) This Loan Agreement has been, and the Governmental Agency Bond when delivered at the Loan Closing will have been, duly authorized, executed, and delivered by an Authorized Officer of the Governmental Agency; and, assuming that the Authority has all the requisite power and authority to authorize, execute, and deliver, and has duly authorized, executed, and delivered, this Loan Agreement, this Loan Agreement constitutes, and the Governmental Agency Bond when delivered to the Authority will constitute, the legal, valid, and binding obligations of the Governmental Agency in accordance with their respective terms; and the information contained under "Description of the Loan" on Exhibit B attached hereto and made a part hereof is true and accurate in all material respects. (b) Full Disclosure. To the knowledge of the Governmental Agency, there is no fact that the Governmental Agency has not disclosed to the Authority in writing on the Governmental Agency's application for the Loan or otherwise that materially adversely affects the properties, activities, prospects, or condition (financial or otherwise) of the Governmental Agency or the System, or the ability of the Governmental Agency to make all Loan Repayments, or the ability of the Governmental Agency otherwise to observe and perform its duties, covenants, obligations, and agreements under this Loan Agreement and the Governmental Agency Bond. (c) Pending Litigation. Except as disclosed to the Authority in writing, there are no proceedings pending, or, to the knowledge of the Governmental Agency threatened, against or affecting the Governmental Agency, in any court, or before any governmental authority or arbitration board or tribunal, that, if adversely determined, would materially adversely affect the properties, activities, prospects, or condition (financial or otherwise) of the Governmental Agency or the System, or the ability of the Governmental Agency to make all Loan Repayments, or the ability of the Governmental Agency otherwise to observe and perform its duties, covenants, obligations, and agreements under this Loan Agreement and the Governmental Agency Bond. (d) Compliance with Existing Laws and Agreements. DR A F T Page 360 of 455 -7- The authorization, execution, and delivery of this Loan Agreement and the Governmental Agency Bond by the Governmental Agency, the observance and performance by the Governmental Agency of its duties, covenants, obligations, and agreements thereunder, and the consummation of the transactions provided for in this Loan Agreement and in the Governmental Agency Bond; the compliance by the Governmental Agency with the provisions of this Loan Agreement and the Governmental Agency Bond; and the undertaking and completion of the Project; will not result in any breach of any of the terms, conditions, or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge, or encumbrance upon, any property or assets of the Governmental Agency pursuant to any existing ordinance or resolution, trust agreement, indenture, mortgage, deed of trust, loan agreement, or other instrument (other than the lien and charge of this Loan Agreement and the Governmental Agency Bond) to which the Governmental Agency is a party or by which the Governmental Agency, the System, or any of the property or assets of the Governmental Agency may be bound, and such action will not result in any violation of the provisions of the charter or other document pursuant to which the Governmental Agency was established, or of any laws, ordinances, resolutions, governmental rules, regulations, or court orders to which the Governmental Agency, the System, or the properties or operations of the Governmental Agency, are subject. (e) No Defaults. No event has occurred and no condition exists that, upon authorization, execution, and delivery of this Loan Agreement and the Governmental Agency Bond, or receipt of the amount of the Loan, would constitute an Event of Default hereunder. The Governmental Agency is not in violation of, and has not received notice of any claimed violation of, any term of any agreement or other instrument to which it is a party, or by which it, the System, or its property, may be bound, which violation would materially adversely affect the properties, activities, prospects, or condition (financial or otherwise) of the Governmental Agency or the System, or the ability of the Governmental Agency to make all Loan Repayments, or the ability of the Governmental Agency otherwise to observe and perform its duties, covenants, obligations, and agreements under this Loan Agreement and the Governmental Agency Bond. (f) Governmental Consent. The Governmental Agency has obtained all permits and approvals required to date by any governmental body or officer for the making, observance, and performance by the Governmental Agency of its duties, covenants, obligations, and agreements under this Loan Agreement and the Governmental Agency Bond, or for the undertaking or completion of the Project and the financing or refinancing thereof; and the Governmental Agency has complied with all applicable provisions of law requiring any notification, declaration, filing, or registration with any governmental body or officer in connection with the making, observance, and performance by the Governmental Agency of its duties, covenants, obligations, and agreements under this Loan Agreement and the Governmental Agency Bond, or with the undertaking or completion of the Project and the financing or refinancing thereof. Other than those relating to the construction and acquisition of DR A F T Page 361 of 455 -8- the Project, which the Governmental Agency expects to receive in the ordinary course of business, no consent, approval, or authorization of, or filing, registration, or qualification with, any governmental body or officer that has not been obtained is required on the part of the Governmental Agency as a condition to the authorization, execution, and delivery of this Loan Agreement and the Governmental Agency Bond, the undertaking or completion of the Project or the consummation of any transaction herein contemplated. (g) Compliance with Law. The Governmental Agency: (i) is in compliance with all laws, ordinances, governmental rules, and regulations to which it is subject, the failure to comply with which would materially adversely affect the ability of the Governmental Agency to conduct its activities or to undertake or complete the Project, or the condition (financial or otherwise) of the Governmental Agency or the System; and (ii) has obtained all licenses, permits, franchises, or other governmental authorizations presently necessary for the ownership of its property, or for the conduct of its activities that, if not obtained, would materially adversely affect the ability of the Governmental Agency to conduct its activities or to undertake or complete the Project, or the condition (financial or otherwise) of the Governmental Agency or the System. (h) Use of Proceeds. The Governmental Agency will apply the proceeds of the Loan from the Authority as described in Exhibit B attached hereto and made a part hereof (i) to finance all or a portion of the Cost; and (ii) where applicable, to reimburse the Governmental Agency for a portion of the Cost, which portion was paid or incurred in anticipation of reimbursement by the Authority. SECTION 2.02. Particular Covenants of the Governmental Agency. (a) Pledge of Source of Repayment. The Governmental Agency irrevocably pledges and grants a lien upon the source of repayment described in Paragraph (3) of Exhibit A for the punctual payment of the principal of and the interest on the Loan, and all other amounts due under this Loan Agreement and the Governmental Agency Bond according to their respective terms. (b) Performance Under Loan Agreement. The Governmental Agency covenants and agrees to maintain the System in good repair and operating condition; to cooperate with the Authority in the observance and performance of the respective duties, covenants, obligations and agreements of the Governmental Agency and the DR A F T Page 362 of 455 -9- Authority under this Loan Agreement; and, to comply with the covenants described in the Exhibits to this Loan Agreement. (c) Completion of Project and Provision of Moneys Therefor. The Governmental Agency covenants and agrees to exercise its best efforts in accordance with prudent water utility practice to complete the Project and to provide from the Pledged Property or other sources available to it all moneys, in excess of the total amount of loan proceeds it receives under the Loan, required to complete the Project. (d) Disposition of the System. Except for the disposal of the portions of the System that the Governmental Agency determines are no longer necessary for the operation of the System during the Loan Term, the Governmental Agency shall not sell, lease, abandon, or otherwise dispose of, all or substantially all, or any substantial portion, of the System owned or controlled by the Governmental Agency, or any other system that provides revenues to provide for the payment of this Loan Agreement or the Governmental Agency Bond, except on ninety (90) days' prior written notice to the Authority and, in any event, shall not so sell, lease, abandon, or otherwise dispose of the same unless the following conditions are met: (i) the Governmental Agency shall assign this Loan Agreement in accordance with Section 4.02 hereof and its rights and interests hereunder to the purchaser or lessee of the System, and such purchaser or lessee shall expressly assume all duties, covenants, obligations, and agreements of the Governmental Agency under this Loan Agreement in writing; and (ii) the Authority shall by appropriate action determine that such sale, lease, abandonment or other disposition will not adversely affect the Authority's ability to meet its duties, covenants, obligations, and agreements under the Act, the Federal Clean Water Act, the Safe Drinking Water Act, or any agreement between the Authority or the State of Colorado relating to any capitalization grant received by the Authority or the State of Colorado under the Federal Clean Water Act or the Safe Drinking Water Act, and in its sole discretion, approve such sale, lease, abandonment, or other disposition. (e) Inspections; Information. The Governmental Agency shall permit the Authority to examine, visit, and inspect, at any and all reasonable times, the property, if any, constituting the Project, to the extent the property is owned or controlled by the Governmental Agency. If a portion of the Project (such as a lead service line owned or controlled by a third party) is located on property owned by a third party, the Authority may examine, visit, and inspect that portion only from a publicly owned right-of-way, if available. The Governmental Agency does not make any representations regarding accessibility to portions of the Project located on property owned by a third party. The Governmental Agency shall permit the Authority to inspect and make copies of, any accounts, books, and records, including (without limitation) its records regarding receipts, disbursements, contracts, investments, and any other matters relating thereto and to its financial standing, and shall supply such reports and information as the Authority may reasonably require in connection therewith. In addition, the Governmental Agency, upon request, shall provide the Authority with copies of any DR A F T Page 363 of 455 -10- official statements or other forms of offering prospectus relating to any other bonds, notes, or other indebtedness of the Governmental Agency secured from the Pledged Property and issued after the date of this Loan Agreement. At the discretion of the Authority, the Governmental Agency may be required to provide unaudited quarterly financial reports to the Authority. (f) Cost of Project. The Governmental Agency certifies that the Estimated Cost of the Project, as listed in Paragraph (3) of Exhibit B hereto and made a part hereof, is a reasonable and accurate estimation, and that upon direction of the Authority it shall supply the Authority with a certificate from its engineer stating that such cost is a reasonable and accurate estimation, taking into account investment income to be realized during the course of the Project, and other money that would, absent the Loan, have been used to pay the Estimated Cost of the Project. (g) Reimbursement for Ineligible Costs. The Governmental Agency shall promptly reimburse the Authority for any portion of the Loan that is determined not to be a Cost of the Project and that would not be eligible for funding from draws under the Drinking Water Revolving Fund. Such reimbursement shall be promptly repaid to the Authority upon written request of the Authority. (h) Advertising. The Governmental Agency agrees not to advertise the Project for bids until plans and specifications for the Project, if such plans and specifications require approval, have been approved by the State Department of Public Health and Environment. (i) Commencement of Construction. Within twelve (12) months after the Loan Closing, the Governmental Agency shall initiate construction of the Project. (j) Interest in Project Site. As a condition of the Loan, the Governmental Agency will demonstrate to the satisfaction of the Authority before advertising for bids for construction that the Governmental Agency has or will have a fee simple or such other estate or interest, which may include written consent and authorization from a third-party owner, in the site of the Project, including necessary easements, rights-of-way, or licenses, as the Authority finds sufficient to assure undisturbed use and possession for the purpose of construction and operation of the Project for the estimated life of the Project. DR A F T Page 364 of 455 -11- (k) No Lobbying. No portion of the Loan shall be used for lobbying or propaganda as prohibited by 18 U.S.C. Section 1913 or Section 607(a) of Public Law 96-74. (l) Operation and Maintenance of System. The Governmental Agency covenants and agrees that it shall, in accordance with prudent water utility practice: (i) at all times operate the properties of its System and any business in connection therewith in an efficient manner; (ii) maintain its System in good repair, working order and operating condition; (iii) from time to time make all necessary and proper repairs, renewals, replacements, additions, betterments, and improvements with respect to its System so that at all times the business carried on in connection therewith shall be properly and advantageously conducted; provided, however, this covenant shall not be construed as requiring the Governmental Agency to expend any funds that are derived from sources other than the operation of its System or other receipts of such System that are not pledged under subsection (a) of this Section 2.02, and provided further that nothing herein shall be construed as preventing the Governmental Agency from doing so. (m) Records; Accounts. During the Loan Term, the Governmental Agency shall keep accurate records and accounts for its System (the “System Records”), separate and distinct from its other records and accounts (the "General Records"). Such System Records shall be maintained in accordance with generally accepted accounting principles, generally accepted government accounting standards related to the reporting of infrastructure assets and System Records and General Records shall be made available for inspection by the Authority at any reasonable time. (n) Audits. If the Governmental Agency's System Records or General Records are audited annually by an independent accountant, then it shall furnish a copy of such annual audit(s) including all written comments and recommendations of the accountant preparing the audit to the Authority within 270 days of the close of the fiscal year audited, and the Governmental Agency shall cause its independent auditor to file with the Authority a report to the effect that the Governmental Agency is not in default of its Rate Covenant, Paragraph (1) of Exhibit F; Operations and Maintenance Reserve Fund Covenant, Paragraph (5) of Exhibit F; or Lien Representation, Paragraph (4) of Exhibit F under this Loan Agreement, which report may be a part of the annual audit or a separate document. (o) Insurance. During the Loan Term, the Governmental Agency shall maintain or cause to be maintained in force, insurance policies with responsible insurers or self-insurance programs providing against risk of direct physical loss, damage, or destruction of its System, at least to the extent that similar DR A F T Page 365 of 455 -12- insurance is usually carried by utilities constructing, operating, and maintaining utility system facilities of the nature of the Governmental Agency's System, including liability coverage. The Governmental Agency shall pay all insurance premiums for coverage required hereby from revenues derived from the operation of the System. Nothing herein shall be deemed to preclude the Governmental Agency from asserting against any party, other than the Authority, a defense that may be available to the Governmental Agency, including, without limitation, a defense of governmental immunity. (p) Notice of Material Adverse Change. During the Loan Term, (i) the Governmental Agency shall promptly notify the Authority of any material adverse change in the activities, prospects, or condition (financial or otherwise) of the Governmental Agency relating to its System, or its ability to observe and perform its duties, covenants, obligations, and agreements under this Loan Agreement; (ii) the Governmental Agency shall promptly notify the Authority of any material adverse change in the activities, prospects, or condition (financial or otherwise) of the Governmental Agency relating to its ability to make all Loan Repayments from the Pledged Property, or its ability to otherwise observe and perform its duties, covenants, obligations, and agreements under this Loan Agreement and the Governmental Agency Bond. (q) Hiring Requirements. The Governmental Agency agrees to comply with the requirements found at Title 8, Article 17, Colorado Revised Statutes. (r) Additional Covenants and Requirements. Additional covenants and requirements are included on Exhibit F attached hereto and made a part hereof. The Governmental Agency agrees to observe and comply with each such additional covenant and requirement included on Exhibit F. (s) Continuing Representations. The representations of the Governmental Agency contained herein shall be true at the time of the execution of this Loan Agreement and the Governmental Agency covenants not to take any action that would cause them not to be true at all times during the term of this Loan Agreement. (t) Capacity Development. The Governmental Agency covenants to maintain its technical, financial, and managerial capability to ensure compliance with the requirements of the Safe Drinking Water Act of 1996 under Section 1452(a)(3)(A)(i). DR A F T Page 366 of 455 -13- (u) Archeological Artifacts. In the event that archeological artifacts or historical resources are unearthed during construction excavation, the Governmental Agency shall stop or cause to be stopped, construction activities and will notify the State Historic Preservation Office and the Authority of such unearthing. ARTICLE III LOAN TO GOVERNMENTAL AGENCY; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01. The Loan. The Authority hereby agrees to loan and disburse to the Governmental Agency in accordance with Section 3.02 hereof, and the Governmental Agency agrees to borrow and accept from the Authority, the Loan in the principal amount equal to the Loan Commitment set forth in Paragraph (4) of Exhibit B attached hereto and made a part hereof as such Loan Commitment may be revised to reflect a reduction in the Cost of the Project prior to the initial Loan Repayment; provided, however, that the Authority shall be under no obligation to make the Loan if (i) the Governmental Agency does not deliver its Governmental Agency Bond to the Authority on the Loan Closing, or (ii) an Event of Default has occurred and is continuing under this Loan Agreement. The Governmental Agency shall use the proceeds of the Loan strictly in accordance with Section 2.01(h) hereof. SECTION 3.02. Disbursement of the Loan. The Authority has created in the Drinking Water Revolving Fund a Project Loan Account for this Project from which the Costs of the Project shall be paid. Amounts shall be transferred into the Project Loan Account and disbursed to the Governmental Agency upon receipt of a requisition executed by an Authorized Officer, and approved by the Authority and the State Department of Public Health and Environment, in the form set forth in Exhibit G; provided that the Disbursement of the Loan may be withheld if the Governmental Agency is not complying with any of the covenants and conditions in the Loan Agreement. SECTION 3.03. Amounts Payable. (a) The Governmental Agency shall repay the principal due on the Loan after accounting for the reduction in the principal of the Loan due to application of Up-Front Principal Forgiveness at Closing, semi-annually on March 15 and September 15 in accordance with the schedule set forth on Exhibit C attached hereto and made a part hereof, as the same may be amended or modified, commencing on the Loan Repayment Commencement Date set forth in Paragraph (8) of Exhibit B. The Governmental Agency shall execute the Governmental Agency Bond to evidence its obligations to make Loan Repayments and the obligations of the Governmental Agency under the Governmental Agency Bond shall be deemed to be amounts payable under this Section 3.03. Each DR A F T Page 367 of 455 -14- Loan Repayment shall be deemed to be a credit against the corresponding obligation of the Governmental Agency under this Section 3.03 and shall fulfill the Governmental Agency's obligation to pay such amount hereunder and under the Governmental Agency Bond. Each payment made pursuant to this Section 3.03 shall be applied to the payment of principal as set forth in Exhibit C. (b) In addition to the payments required by subsection (a) of this Section 3.03, the Governmental Agency shall pay a late charge for any payment that is received by the Authority later than the tenth (10th) day following its due date, in an amount equal to the greater of twelve percent (12%) per annum or the Prime Rate plus one half of one percent per annum on such late payment from its due date to the date it is actually paid; provided, however, that such late charge shall not be in excess of the maximum rate permitted by law as of the date hereof. (c) Loan Repayments pursuant to this Section 3.03 shall be made by electronic means (either by bank wire transfer or by Automated Clearing House “ACH” transfer). SECTION 3.04. Loan Repayment – Principal Forgiveness. The Authority has determined to apply Up-Front Principal Forgiveness to the principal amount of the Loan in an amount identified in Exhibit B, Part (4)(a). The amount of Up-Front Principal Forgiveness set forth in Exhibit B, Part (4)(a), will not need to be repaid. Further, at the discretion of the Authority, and if such funds are available and the Governmental Agency is deemed eligible, the Loan may be forgiven in an amount up to 100% of the principal amount of the Loan pursuant to the terms and conditions of the current Capitalization Grant, in a manner to be effectuated as set forth in Paragraph 10 of Exhibit B attached hereto and made a part hereof. At the Authority’s sole discretion, and subject to Exhibit B, Paragraph 10(c), and only if the amount to be forgiven is 100%, the Authority also may waive payment of any interest accrued on the amount of principal forgiven through the Effective Date of Post-Closing Principal Forgiveness (defined in Exhibit B, Paragraphs 10(a)(i) and (b)(i)). SECTION 3.05. Unconditional Obligations. The Loan Repayments and all other payments required hereunder are payable solely from the Pledged Property. The obligation of the Governmental Agency to make the Loan Repayments and all other payments required hereunder shall be absolute and unconditional and shall not be abated, rebated, set-off, reduced, abrogated, terminated, waived, diminished, postponed or otherwise modified in any manner or to any extent whatsoever, while any payments due under the Loan Agreement remain unpaid regardless of any contingency, act of God, event or cause whatsoever, including (without limitation) any acts or circumstances that may constitute failure of consideration, eviction or constructive eviction, the taking by eminent domain or destruction of or damage to the Project, commercial frustration of the purpose, any change in the laws of the United States of America or of the State of Colorado or any political subdivision of either or in the rules or regulations of any governmental authority, any failure of the Authority to perform and observe any agreement, whether express or implied, or any duty, liability or obligation arising out of or connected with the Project or this Loan Agreement or any rights of set-off, recoupment, abatement or counterclaim that the Governmental Agency might otherwise have against the Authority or any other party or parties; provided, however, that payments hereunder shall not constitute a waiver of any such rights. DR A F T Page 368 of 455 -15- SECTION 3.06. Disclaimer of Warranties and Indemnification. The Governmental Agency acknowledges and agrees that (i) the Authority makes no warranty or representation, either express or implied as to the value, design, condition, merchantability, or fitness for particular purpose, or fitness for any use, of the Project or any portions thereof, or any other warranty or representation with respect thereto; (ii) in no event shall the Authority or its agents be liable or responsible for any direct, incidental, indirect, special, or consequential damages in connection with or arising out of this Loan Agreement, or the Project, or the existence, furnishing, functioning, or use of the Project, or any item or products or services provided for in this Loan Agreement; and (iii) to the extent authorized by law, the Governmental Agency shall indemnify, save, and hold harmless the Authority against any and all claims, damages, liability, and court awards, including costs, expenses, and attorney fees incurred as a result of any act or omission by the Governmental Agency, or its employees, agents, or subcontractors pursuant to the terms of this Loan Agreement, provided, however, that the provisions of this clause (iii) are not intended to and shall not be construed as a waiver of any defense or limitation on damages provided for under and pursuant to the Colorado Governmental Immunity Act (Section 24-10-101, et seq. C.R.S.), or under the laws of the United States or the State of Colorado. SECTION 3.07. Limited Option to Prepay Loan Repayments. The Governmental Agency may prepay the Loan Repayments, in whole or in part without penalty upon prior written notice (unless otherwise waived by the Authority) of not less than thirty (30) days. Prepayments shall be applied first to accrued interest and then to principal on the Loan. The Authority will amend Exhibit C to reflect any prepayment of the principal amount of the Loan. SECTION 3.08. Source of Payment of Governmental Agency's Obligations. The Authority and the Governmental Agency agree that the amounts payable by the Governmental Agency under this Loan Agreement, including, without limitation, the amounts payable by the Governmental Agency pursuant to Section 3.03, Section 3.05, Section 3.06, and Section 5.04 of this Loan Agreement are payable solely from the Pledged Property, and are not payable from any other source whatsoever; provided, however, that the Governmental Agency at its option, may elect to make payment from any source available to it. SECTION 3.09. Delivery of Documents. Concurrently with the execution and delivery of this Loan Agreement, the Governmental Agency will cause to be delivered to the Authority each of the following items: (a) an opinion of the Governmental Agency's counsel substantially in the form set forth in Exhibit E-1 hereto (such opinion or portions of such opinion may be given by one or more counsel); provided, however, that the Authority may in its discretion permit variances in such opinion from the form or substance of such Exhibit E-1 if such variances are not to the material detriment of the interests of the Authority; (b) an opinion of the Governmental Agency's Bond Counsel substantially in the form set forth in Exhibit E-2 hereto. Such opinion must be rendered by Bond Counsel listed in the Directory of Bond Counsel published by the Bond Buyer (the "Red Book"); DR A F T Page 369 of 455 -16- (c) executed counterparts of this Loan Agreement; (d) copies of the resolutions or ordinances of the governing body of the Governmental Agency authorizing the execution and delivery of this Loan Agreement and the Governmental Agency Bond, certified by an Authorized Officer of the Governmental Agency; and (e) such other certificates, documents, opinions, and information as the Authority may require. Upon receipt of the foregoing documents, the Authority shall obligate the amount of the Loan Commitment set forth in Paragraph (4) of Exhibit B, and make the amount of the Loan available for the Project in accordance with the terms of this Loan Agreement. SECTION 3.10. Limited Recourse. No recourse shall be had for the payment of the principal of or interest on the Governmental Agency Bond or for any claim based thereon or upon any obligation, covenant, or agreement contained in this Loan Agreement against any individual past, present, or future officer, employee, or agent of the Governmental Agency, but any recourse shall be solely against the Governmental Agency. ARTICLE IV ASSIGNMENT SECTION 4.01. Assignment and Transfer by Authority. The Governmental Agency expressly acknowledges that other than the right, title, and interest of the Authority under Section 3.05, Section 5.04, and Section 5.07, all right, title, and interest of the Authority in, to, and under this Loan Agreement and the Governmental Agency Bond, including, without limitation, the right to receive payments required to be made by the Governmental Agency hereunder, and to compel or otherwise enforce observance and performance by the Governmental Agency of its other duties, covenants, obligations, and agreements hereunder, may be transferred, assigned, and reassigned in whole or in part by the Authority at its sole discretion to one or more assignees or subassignees at any time subsequent to their execution without the necessity of obtaining the consent of, but after giving prior written notice to, the Governmental Agency. The Authority shall retain the right to compel or otherwise enforce observance and performance by the Governmental Agency of its duties, covenants, obligations, and agreements under Section 3.05 and Section 5.04. SECTION 4.02. Assignment by Governmental Agency. Neither this Loan Agreement nor the Governmental Agency Bond may be assigned by the Governmental Agency for any reason, unless the following conditions shall be satisfied: (i) the Authority shall have approved said assignment in writing; (ii) the assignee shall be a governmental agency as defined by the Act, and the assignee shall have expressly assumed in writing the full and faithful observance and performance of the Governmental Agency's duties, covenants, agreements, and obligations under the Loan DR A F T Page 370 of 455 -17- Agreement; (iii) immediately after such assignment, the assignee shall not be in default in the performance or observance of any duties, covenants, obligations, or agreements of the Governmental Agency under the Loan Agreement; and (iv) the Authority shall receive an opinion of counsel to the effect that such assignment will not violate the provisions of any agreement entered into by the Authority with, or condition of any grant received by the Authority from, the United States of America relating to the Federal Capitalization Agreement or any capitalization grant received by the Authority or the State under the Safe Drinking Water Act. No assignment shall relieve the Governmental Agency from primary liability for any of its obligations under this Loan Agreement, and in the event of such assignment, the Governmental Agency shall continue to remain primarily liable for the performance and observance of its obligations to be performed and observed under this Loan Agreement. ARTICLE V DEFAULTS AND REMEDIES SECTION 5.01. Event of Default. If any of the following events occur, it is hereby defined as and declared to be and to constitute an "Event of Default": (a) failure by the Governmental Agency to pay, or cause to be paid, any Loan Repayment required to be paid hereunder when due, which failure shall continue for a period of thirty (30) days; (b) failure by the Governmental Agency to make, or cause to be made, any required payments of interest and principal, redemption premium, if any, and interest on any bonds, notes, or other obligations of the Governmental Agency for borrowed money (other than the Loan and the Governmental Agency Bond), after giving effect to the applicable grace period, the payments of which are secured by the Pledged Property; (c) failure by the Governmental Agency to observe and perform any duty, covenant, obligation or agreement on its part to be observed or performed under this Loan Agreement other than as referred to in Paragraph (a) of this Section, which failure shall continue for a period of thirty (30) days after written notice, specifying such failure and requesting that it be remedied, is given to the Governmental Agency; provided, however, that if the failure stated in such notice is correctable, but cannot be corrected within the applicable period, the Authority may consent to an extension of such time if corrective action is instituted by the Governmental Agency within the applicable period and diligently pursued until the Event of Default is corrected; (d) any representation made by or on behalf of the Governmental Agency contained in this Loan Agreement, or in any instrument furnished in compliance with or with reference to this Loan Agreement or the Loan, is false or misleading in any material respect; or (e) (i) a petition is filed by or against the Governmental Agency under any federal or state bankruptcy or insolvency law, or other similar law in effect on the date of this Loan DR A F T Page 371 of 455 -18- Agreement or thereafter enacted, unless in the case of any such petition filed against the Governmental Agency such petition shall be dismissed within thirty (30) days after such filing, and such dismissal shall be final and not subject to appeal; or (ii) the Governmental Agency shall become insolvent, or bankrupt or make an assignment for the benefit of its creditors; or (iii) a custodian (including, without limitation, a receiver, liquidator, or trustee of the Governmental Agency or any of its property) shall be appointed by court order, or take possession of the Governmental Agency, or its property or assets, if such order remains in effect, or such possession continues, for more than thirty (30) days. SECTION 5.02. Notice of Default. The Governmental Agency shall give the Authority prompt telephonic notice of the occurrence of any Event of Default referred to in Section 5.01 at such time as any senior administrative or financial officer of the Governmental Agency becomes aware of the existence thereof. Any telephonic notice pursuant to this Section 5.02 shall be confirmed by the Governmental Agency in writing as soon as practicable. SECTION 5.03. Remedies on Default. Whenever an Event of Default referred to in Section 5.01 hereof shall have occurred and be continuing, the Authority shall have the right to withhold disbursement of Loan funds remaining, and take such other action at law or in equity as may appear necessary to enforce the performance and observance of any duty, covenant, obligation, or agreement of the Governmental Agency hereunder, including, without limitation, appointment ex parte of a receiver of the System. SECTION 5.04. Attorney's Fees and Other Expenses. In the Event of Default, the Governmental Agency shall on demand pay to the Authority the reasonable fees and expenses of attorneys, and other reasonable expenses (including, without limitation, the reasonably allocated costs of in-house counsel and legal staff) incurred by the Authority in the collection of Loan Repayments or any other sum due hereunder, or in the enforcement of the performance or observation of any other duties, covenants, obligations, or agreements of the Governmental Agency. SECTION 5.05. Application of Moneys. Any moneys collected by the Authority pursuant to Section 5.03 hereof shall be applied (a) first, to pay any attorney's fees, or other fees and expenses owed by the Governmental Agency pursuant to Section 5.04 hereof, (b) second, to pay principal due and payable on the Loan, and (c) third, to pay any other amounts due and payable under this Loan Agreement. SECTION 5.06. No Remedy Exclusive; Waiver; Notice. No remedy herein conferred upon or reserved to the Authority is intended to be exclusive, and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement, or now or hereafter existing at law or in equity. No delay or omission to exercise any right, remedy, or power accruing upon any Event of Default shall impair any such right, remedy, or power, or shall be construed to be a waiver thereof, but any such right, remedy, or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority to exercise any remedy reserved to it in this Article, it shall not be necessary to give any notice, other than such notice as may be required in this Article V. DR A F T Page 372 of 455 -19- SECTION 5.07. Retention of Authority's Rights. Notwithstanding any assignment or transfer of this Loan Agreement pursuant to the provisions hereof, or anything else to the contrary contained herein, the Authority shall have the right upon the occurrence of an Event of Default to take any action, including (without limitation) bringing an action against the Governmental Agency at law or in equity, as the Authority may, in its discretion, deem necessary to enforce the obligations of the Governmental Agency to the Authority pursuant to Section 5.04, Section 3.03, and Section 3.05 hereof. SECTION 5.08. Default by the Authority. In the event of any default by the Authority under any covenant, agreement, or obligation of this Loan Agreement, the Governmental Agency's remedy for such default shall be limited to injunction, special action, action for specific performance, or any other available equitable remedy, designed to enforce the performance or observance of any duty, covenant, obligation, or agreement of the Authority hereunder, as may be necessary or appropriate. The Authority shall on demand pay to the Governmental Agency the reasonable fees and expenses of attorneys, and other reasonable expenses, in the enforcement of such performance or observation. ARTICLE VI MISCELLANEOUS SECTION 6.01. Notices. All notices, certificates, or other communications hereunder shall be sufficiently given and shall be deemed given when hand-delivered or mailed by registered or certified mail, postage prepaid, to the Governmental Agency at the address specified on Exhibit B attached hereto and made a part hereof, and to the Authority, at the following address: Colorado Water Resources and Power Development Authority 1580 N. Logan Street, Suite 820 Denver, Colorado 80203 Attention: Executive Director Such address may be changed by notice in writing. SECTION 6.02. Binding Effect. This Loan Agreement shall inure to the benefit of, and shall be binding upon, the Authority and the Governmental Agency, and their respective successors and assigns. SECTION 6.03. Severability. In the event any provision of this Loan Agreement shall be held illegal, invalid, or unenforceable by any court of competent jurisdiction, such holding shall not invalidate, render unenforceable, or otherwise affect, any other provision hereof. DR A F T Page 373 of 455 -20- SECTION 6.04. Amendments, Supplements and Modifications. This Loan Agreement may not be amended, supplemented, or modified without the prior written consent of the Authority and the Governmental Agency. SECTION 6.05. Execution in Counterparts. This Loan Agreement may be executed in several counterparts, each of which shall be an original, and all of which shall constitute but one and the same instrument. SECTION 6.06. Applicable Law and Venue. This Loan Agreement shall be governed by and construed in accordance with the laws of the State of Colorado, including the Act. Venue for any action seeking to interpret or enforce the provisions of this Loan Agreement shall be in the Denver District Court. SECTION 6.07. Consents and Approvals. Whenever the written consent or approval of the Authority shall be required under the provisions of this Loan Agreement, such consent or approval may only be given by the Authority unless otherwise provided by law, or by rules, regulations or resolutions of the Authority. SECTION 6.08. Captions. The captions or headings in this Loan Agreement are for convenience only and shall not in any way define, limit, or describe, the scope or intent of any provisions or sections of this Loan Agreement. SECTION 6.09. Further Assurances. The Governmental Agency shall, at the request of the Authority, authorize, execute, acknowledge, and deliver, such further resolutions, conveyances, transfers, assurances, financing statements, and other instruments, as may be necessary or desirable for better assuring, conveying, granting, assigning, and confirming, the rights and agreements, granted or intended to be granted, by this Loan Agreement and the Governmental Agency Bond. SECTION 6.10. Recitals. This Loan Agreement is authorized pursuant to and in accordance with the Constitution of the State of Colorado and all other laws of the State of Colorado thereunto enabling. Specifically, but not by way of limitation, this Loan Agreement is authorized by the Governmental Agency pursuant to Home Rule Charter of the Government Agency, Title 31, Article 35, Part 4, C.R.S., Title 37, Article 45.1, C.R.S and Title 11, Article 57, Part 2, C.R.S and shall so recite in the Governmental Agency Bond. Such recitals shall conclusively impart full compliance with all provisions and limitations of such laws and shall be conclusive evidence of the validity and regularity of the issuance of the Governmental Agency Bond, and the Governmental Agency Bond delivered by the Governmental Agency to the Authority containing such recital shall be incontestable for any cause whatsoever after its delivery for value. DR A F T Page 374 of 455 IN WITNESS WHEREOF, the Authority and the Governmental Agency have caused this Loan Agreement to be executed, sealed and delivered, as of the Commencement Date set forth on Exhibit B hereto. COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY (SEAL) By: ___________________________________ Executive Director ATTEST: By: _______________________ Assistant Secretary (seal) ATTEST: By:__________________________________ City Clerk CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE By:_________________________________ Mayor DR A F T Page 375 of 455 EXHIBIT A (1) Description of the Project The project consists of identifying and replacing lead service lines (LSL), to include both the public and private portions of the identified lead service lines, in accordance with the Bipartisan Infrastructure Law requirements. (2) Description of the System "System" shall mean, all of the Governmental Agency’s water facilities and properties now owned or hereafter acquired, whether situated within or without the geographical boundaries of the Governmental Agency, including all present or future improvements, extensions, enlargements, betterments, replacements or additions thereof or thereto. (3) Pledged Property The Pledged Property shall consist of Net Revenue, as defined below: “Net Revenue” means the Gross Revenue after deducting the Operation and Maintenance Expenses. “Gross Revenue” means all income and revenues directly or indirectly derived by the Governmental Agency from the operation and use of the System, or any part thereof, including without limitation, any rates, fees, system development charges, participation payment, tap fees, availability fees, tools and charges for the services furnished by, or the use of, the System, and all proceeds realized from any past or future dispositions of System property or rights, or related contracts, settlements, or judgments, and including investment income accruing from moneys held to the credit of the Water Works Fund; provided however, that there shall be excluded from Gross Revenue: any moneys borrowed and used for providing Capital Improvements; any money and securities, and investment income therefrom, in any refunding fund, escrow account, or similar account, pledged to the payment of any bonds or other obligations; any Financial Products Receipts, any Financial Products Termination Payment, and any moneys received as grants or appropriations from the United States, the State of Colorado, other local governments or enterprises, or other sources, the use of which is limited or restricted to the provision of Capital Improvements or for other purposes resulting in the general unavailability thereof, except to the extent any such moneys shall be received as payments for the use of the System, services rendered thereby, the availability of any such service, or the disposal of any commodities therefrom. “Capital Improvements” means the acquisition of land, easements, facilities and equipment (other than ordinary repairs and replacements), and the construction or reconstruction of improvements, betterments, and extensions, for use by, or in connection with, the System. “Operation and Maintenance Expenses” means all reasonable and necessary current expenses of the Governmental Agency, paid or accrued, for operating, maintaining and repairing the System, including without limitation legal and overhead expenses of the Governmental Agency related to the administration of the System, insurance premiums, payments of claims under a self-insurance program, audits, charges of depository banks and paying agents, professional services, salaries and administrative expenses, labor A-1 DR A F T Page 376 of 455 and the cost of materials and supplies for current operations, payments of rebate obligations to the United States of America as further provided in any Supplemental Resolution and any related Tax Certificate of the Board in respect of the Parity Bonds and any similar payment of rebate obligations provision of any resolution (and related tax certificate) in respect of the Capital Improvements Lease Payments, rental payments under operating leases and administrative costs and expenses related thereto; provided however, that there shall be excluded from Operation and Maintenance Expenses any allowance for depreciation, non-cash overhead expenses of the System, payments in lieu of taxes or franchise fees, expenses incurred in connection with Capital Improvements, payments due in connection with any bonds or other obligations issued or entered into to provide Capital Improvements, Capital Improvements Lease Payments, and charges for the accumulation of reserves. For purposes of this definition, “Capital Improvements Lease Payments” means the principal and interest components of the annual lease payments due under any lease entered into by the Board, as lessee, in order to provide Capital Improvements. A-2 DR A F T Page 377 of 455 EXHIBIT B DESCRIPTION OF THE LOAN (1)Commencement Date: ______ (2)Name and Address of Governmental Agency: City of Englewood, Colorado, Acting By and Through Its Water Utility Enterprise 1000 Englewood Parkway Englewood, CO 80110 (3)Estimated Cost of the Project: $40,000,000 (4)Maximum Principal Amount of Loan Commitment: $17,551,020 (a)Up-Front Principal Forgiveness to be Applied at Closing: $10,000,000 (b)Maximum Total Principal to be Repaid after Application of Up-Front Principal Forgiveness: $7,551,020 (5)Loan Term: 30 years. (6)Interest Rate: 3.50% annually (7)Authorized Officers: As established in the authorizing Ordinance, authorized officers and representatives as identified in Exhibit B to the Loan Agreements shall be Tim Hoos, Deputy Director – Engineering and Asset Management, Brittany Payton, Business Support Specialist, Kevin Engels, Director of Finance and Christine Hart, Accounting Supervisor. (8)Loan Repayment Commencement Date: _________ (9)Execution Date: May 23, 2024 (10)Principal Forgiveness:B-1 DR A F T Page 378 of 455 (a) Up-Front Principal Forgiveness: The amount of principal of the Loan identified as Up-Front Principal Forgiveness in Part (4)(a) above will be forgiven at Closing, provided the Governmental Agency has met each of its obligations and covenants necessary to effect Closing. Exhibit C to the Loan Agreement sets forth the repayment schedule after allowing for the reduction of total Loan principal by the amount of Up-Front Principal Forgiveness applied. (b) Post-Closing Principal Forgiveness: At the discretion of the Authority, and if such funds are available and the Governmental Agency is deemed eligible, the Loan may be forgiven in an amount up to 100% of the outstanding principal amount of the Loan. At the Authority’s sole discretion, and subject to subparagraph (10)(b)(i), below, and only if the amount forgiven is 100% of the outstanding principal of the Loan, the Authority also may waive payment of interest accrued on the amount of principal forgiven through the Effective Date of Post-Closing Principal Forgiveness (defined in Paragraph 10(b)(i)). The Authority will provide written notice (the “Notice of Post-Closing Principal Forgiveness”) to the Governmental Agency once the Authority determines to exercise its discretion to grant Post-Closing Principal Forgiveness, that funds are available, and that the Governmental Agency is eligible for such action. The Notice of Post-Closing Principal Forgiveness will set forth the amount, up to 100%, of the outstanding principal amount of the Loan to be forgiven, and whether any accrued interest will be waived. Upon the Governmental Agency’s receipt of the Notice of Post-Closing Principal Forgiveness from the Authority, the following terms shall apply: (i) If 100% of the principal amount of the Loan is forgiven, then: A. The award of Post-Closing Principal Forgiveness shall be effective as of the date of the Notice of Post-Closing Principal Forgiveness (the “Effective Date of 100% Principal Forgiveness”); B. The Authority shall amend the repayment schedule set forth in Exhibit C to acknowledge the Post-Closing Principal Forgiveness award and the Effective Date of 100% Principal Forgiveness and the waiver of any accrued interest as applicable; C. The Authority shall amend the Loan Term to extend from the date of Loan Execution until the date the Water Quality Control Division of the Colorado Department of Health and Environment (the “WQCD”) issues certification that all required documents have been submitted and the Governmental Agency has met all Project and Loan requirements; D. The Governmental Agency Bond will be released at the expiration of the Loan Term, as amended; and E. As of the Effective Date of 100% Principal Forgiveness, the following Loan Agreement sections will no longer apply: Section 2.02. (n) Audits; Section 3.03. Amounts Payable; Exhibit A (3) Pledged Property; Exhibit F (1) Rate Covenant; Exhibit B (5) Loan Term; Exhibit B (6) Interest Rate; Exhibit B (8) Loan Repayment Commencement; Exhibit C Repayment Schedule; and all references thereof. (ii) If the Governmental Agency receives Post-Closing Principal Forgiveness for less than 100% of the outstanding principal amount of the Loan, then: B-2 DR A F T Page 379 of 455 A. The effective date of the Post-Closing Principal Forgiveness shall be the date of the Notice of Post-Closing Principal Forgiveness from the Authority (the “Effective Date of Partial Principal Forgiveness”); and B. Upon the Effective Date of Partial Principal Forgiveness, the Loan Term shall remain as set forth in this Agreement, but the Authority shall amend the Loan Repayment Schedule set forth in Exhibit C to include a revised amortization schedule for the remaining principal amount. C. If the Effective Date of Principal Forgiveness, either 100% or Partial, occurs after the Loan Repayment Commencement Date, and the Governmental Agency has paid one or more of the scheduled payments, the Post-Closing Principal Forgiveness, as well as any waived interest accrued on the amount of principal forgiven through the Effective Date of Principal Forgiveness, will be net of any such payments. The Authority will not reimburse the Governmental Agency any amount paid by the Governmental Agency. B-3 DR A F T Page 380 of 455 EXHIBIT C LOAN REPAYMENT SCHEDULE DR A F T Page 381 of 455 D-1 EXHIBIT D GOVERNMENTAL AGENCY BOND FOR VALUE RECEIVED, the undersigned CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE (the “Governmental Agency”), hereby promises to pay to the order of the COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY (the "Authority") the principal amount of Seventeen million five hundred fifty one thousand and twenty and 00/100 Dollars ($17,551,020), of which amount includes a $10,000,000 reduction in the total principal of the Loan due to the application of Up-Front Principal Forgiveness in the amount set forth in Exhibit B, Part (4)(a), or such lesser amount as shall be loaned to the Governmental Agency pursuant to the Loan Agreement dated as of May 23, 2024, by and between the Authority and the Governmental Agency (the "Loan Agreement"), at the times and in the amounts determined as provided in the Loan Agreement, at three and one-half percent interest (3.50%), and late charges on late payments as provided in Section 3.03 (b) of the Loan Agreement, payable on the dates and in the amounts determined as provided in the Loan Agreement. This Governmental Agency Bond is issued pursuant to the Loan Agreement and is issued in consideration of the loan made thereunder (the "Loan") and to evidence the obligations of the Governmental Agency set forth in Section 3.03 thereof. This Governmental Agency Bond is subject to assignment or endorsement in accordance with the terms of the Loan Agreement. All of the definitions, terms, conditions, and provisions of the Loan Agreement are, by this reference thereto, incorporated herein as a part of this Governmental Agency Bond. Pursuant to the Loan Agreement, disbursements to the Governmental Agency shall be made in accordance with written instructions upon the receipt by the Authority of requisitions from the Governmental Agency executed and delivered in accordance with the requirements set forth in Section 3.02 of the Loan Agreement. This Governmental Agency Bond is entitled to the benefits, and is subject to the conditions, of the Loan Agreement. The obligations of the Governmental Agency to make the payments required hereunder shall be absolute and unconditional without any defense or right of set-off, counterclaim, or recoupment by reason of any default by the Authority under the Loan Agreement, or under any other agreement between the Governmental Agency and the Authority, or out of any indebtedness or liability at any time owing to the Governmental Agency by the Authority, or for any other reason. This Governmental Agency Bond is subject to optional prepayment under the terms and conditions, and in the amounts, provided in Section 3.07 of the Loan Agreement. The obligation of the Governmental Agency to make payments under the Loan Agreement and this Governmental Agency Bond is payable solely from the Pledged Property, except for reserves created in connection with the Loan. DR A F T Page 382 of 455 D-2 This Governmental Agency Bond does not constitute a debt or an indebtedness of the Governmental Agency within the meaning of any constitutional or statutory limitation or provision, and shall not be considered or held to be a general obligation of the Governmental Agency. The payment of this Governmental Agency Bond is not secured by an encumbrance, mortgage or other pledge of property except for such property and moneys pledged for the payment of the Governmental Agency Bond. For the payment of this Governmental Agency Bond, the Governmental Agency shall enforce the Rate Covenant set forth in Paragraph (1) of Exhibit F to the Loan Agreement, shall promptly collect all revenues of the System, and shall take all necessary action to collect any revenues that are in default. If an “Event of Default” as defined in Section 5.01 of the Loan Agreement occurs, the remedies on default set forth in Section 5.03 of the Loan Agreement shall be available to enforce the obligations of the Governmental Agency that are evidenced by this Governmental Agency Bond. This Governmental Agency Bond is issued under the authority of and in full conformity with the Constitution and laws of the State of Colorado, including without limitation, the Home Rule Charter of the Government Agency, Title 31, Article 35, Part 4, C.R.S.; Title 37, Article 45.1; certain provisions of Title 11, Article 57, Part 2, C.R.S. (the “Supplemental Public Securities Act”), and pursuant to the Loan Agreement. Pursuant to §11-57-210, of the Supplemental Public Securities Act, this recital is conclusive evidence of the validity and regularity of the issuance of the Governmental Agency Bond after its delivery for value. Pursuant to §31-35-413, C.R.S., this recital conclusively imparts full compliance with all the provisions of said statutes, and this Governmental Agency Bond issued containing such recital is incontestable for any cause whatsoever after its delivery for value. IN WITNESS WHEREOF, the Governmental Agency has caused this Governmental Agency Bond to be duly executed, sealed and delivered, as of this 23rd day of May 2024. (SEAL) CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE By: Mayor ATTEST: _____________________________ City Clerk DR A F T Page 383 of 455 E-1-3 EXHIBIT E-1 OPINION OF GENERAL COUNSEL May 23, 2024 Colorado Water Resources and Power Development Authority 1580 N. Logan Street, Suite 820 Denver, Colorado 80203 RE: City of Englewood, Colorado, Acting by and Through its Water Utility Enterprise Loan Agreement dated as of May 23, 2024 with the Colorado Water Resources and Power Development Authority Exhibit E-1: Opinion of the counsel of the Government Agency To Whom it May Concern: I am an attorney admitted to practice in the State of Colorado and I have acted as City Attorney to CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE (the "Governmental Agency"), which intends to enter into a Loan Agreement (as hereinafter defined) with the COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY (the "Authority"). This correspondence shall serve the legal opinion of the counsel to the Government Agency required in connection with Section 3.09 of the Loan Agreement. In my role as City Attorney, I have examined, or caused to be examined, the Constitution and laws of the State of Colorado and the home rule charter and proceedings of the Governmental Agency. I have also examined originals, or copies certified, or otherwise identified to my satisfaction, including representations of the Government Agency’s Finance Director, Kevin Engels, the following: 1. The Loan Agreement, dated as of May 23, 2024 (the "Loan Agreement") by and between the Authority and the Governmental Agency; 2. The proceedings of the governing body of the Governmental Agency relating to the approval of the Loan Agreement and the execution, issuance, and delivery thereof on behalf of the Governmental Agency, and the authorization of the undertaking and completion of the Project (as defined in the Loan Agreement); 3. The Governmental Agency Bond, dated as of May 23, 2024 (the "Governmental Agency Bond") issued by the Governmental Agency to the Authority to evidence the Loan (as defined in the Loan Agreement); DR A F T Page 384 of 455 E-1-4 4. The proceedings of the governing body of the Governmental Agency relating to the issuance of the Governmental Agency Bond and the execution, issuance, and delivery thereof to the Authority (the Loan Agreement and the Governmental Agency Bond are referred to herein collectively as the "Loan Documents"); and 5. All outstanding instruments relating to the bonds, notes, or other indebtedness of or relating to the Governmental Agency. Based upon the foregoing, I am of the opinion that: 1. The Governmental Agency is a "governmental agency" within the meaning of the Authority's enabling legislation and is an enterprise of the City of Englewood, Colorado, with the full legal right and authority to execute the Loan Documents. 2. The Governmental Agency has the full legal right and authority to carry on the business of the System (as defined in the Loan Agreement) as currently being conducted and as proposed to be conducted, and to undertake and complete the Project. 3. The proceedings of the Governmental Agency's governing body authorizing the Governmental Agency to undertake and complete the Project were duly and lawfully adopted and approved in accordance with an Ordinance of the Governmental Agency approved on April 22, 2024 at a meeting duly called pursuant to necessary public notice and held in accordance with applicable Colorado law at which quorums were present and acting throughout and were published in accordance with applicable Colorado law. 4. The proceedings of the Governmental Agency's governing body approving the Loan Documents and authorizing their execution, issuance and delivery on behalf of the Governmental Agency have been duly and lawfully adopted and approved in accordance with the authorizing Ordinance and applicable Colorado law, at meetings duly called pursuant to necessary public notice and held in accordance with applicable Colorado law, and at which quorums were present and acting throughout in accordance with applicable Colorado 5. To the best of my knowledge, after such investigation as I have deemed appropriate, the authorization, execution and delivery of the Loan Documents by the Governmental Agency, the observation and performance by the Governmental Agency of its duties, covenants, obligations and agreements thereunder and the consummation of the transactions contemplated therein and the undertaking and completion of Project do not and will not contravene any existing law or any existing order, injunction, judgment, decree, rule or regulation of any court or governmental or administrative agency, authority or person having jurisdiction over the Governmental Agency or its property or assets or result in a breach or violation of any of the terms and provisions of, or constitute a default under, any existing bond resolution, trust agreement, indenture, mortgage, deed of trust, ordinance, order, or other agreement to which the Governmental Agency is a party or by which it, the System, or its property or assets is bound. DR A F T Page 385 of 455 E-1-5 6. To the best of my knowledge, after such investigation as I have deemed appropriate, all approvals, consents or authorizations of, or registrations of or filings with, any governmental or public agency, authority or person required to date on the part of the Governmental Agency in connection with the authorization, execution, delivery and performance of the Loan Documents and the undertaking and completion of the Project, other than licenses and permits relating to the construction and acquisition of the Project which I expect the Governmental Agency to receive in the ordinary course of business, have been obtained or made. 7. To the best of my knowledge, after such investigation as I have deemed appropriate, except as disclosed in writing to the Authority, there is no litigation or other proceeding pending or threatened in any court or other tribunal of competent jurisdiction (either State or Federal) that (1) questions the creation, organization or existence of the Governmental Agency; or the validity, legality or enforceability of the Loan Documents; or the undertaking or completion of the Project; or (2) if adversely determined, could (a) materially adversely affect (i) the financial position of the Governmental Agency; (ii) the ability of the Governmental Agency to perform its obligations under the Loan Documents; (iii) the security for the Loan Documents; or (iv) the transactions contemplated by the Loan Documents; or (b) impair the ability of the Governmental Agency to maintain and operate its system. This opinion is rendered on the basis of Federal law and the laws of the State of Colorado as enacted and construed on the date hereof. I express no opinion as to any matter not set forth in the numbered paragraphs herein. I hereby authorize Carlson, Hammond, & Paddock, L.L.C., Bond Counsel to the Authority, to rely on this opinion as if I had addressed this opinion to them in addition to you. Sincerely, Tamara Niles tniles@englewoodco.gov DR A F T Page 386 of 455 E-2-6 EXHIBIT E-2 May 23, 2024 Colorado Water Resources and Power Development Authority 1580 N. Logan Street, Suite 820 Denver, Colorado 80203 City of Englewood, Colorado, Acting by and Through its Water Utility Enterprise Loan Agreement dated as of May 23, 2024 with the Colorado Water Resources and Power Development Authority Ladies and Gentlemen: We have acted as bond counsel to the City of Englewood, Colorado, acting by and through its Water Utility Enterprise (the “Governmental Agency”), in connection with its authorization, execution and delivery of a Loan Agreement (the “Loan Agreement”) dated as of May 23, 2024, between the Governmental Agency and the Colorado Water Resources and Power Development Authority (the “Authority”) and its issuance to the Authority of a governmental agency bond in the initial principal amount of $17,551,020 (the “Bond”) in connection therewith, as authorized by resolution passed and adopted by the City Council/Governmental Agency on April __, 2024. In such capacity, we have examined the Governmental Agency’s certified proceedings and such other documents and such law of the State of Colorado and of the United States of America as we have deemed necessary to render this opinion letter. Capitalized terms not otherwise defined herein shall have the meanings ascribed to them by the Loan Agreement. The Loan Agreement and the Bond are collectively referred to herein as the “Loan Documents.” Regarding questions of fact material to our opinions, we have relied upon the certified proceedings of the Governmental Agency and other representations and certifications of public officials and others furnished to us without undertaking to verify the same by independent investigation. Based upon such examination, it is our opinion as bond counsel that: 1. The Governmental Agency is a “governmental agency” within the meaning of the Authority’s enabling legislation. DR A F T Page 387 of 455 E-2-7 2. The Governmental Agency has full legal right and authority to execute the Loan Documents and to observe and perform its duties, covenants, obligations and agreements thereunder. 3. The Governmental Agency has pledged the Pledged Property for the punctual payment of the principal of and interest on the Loan and all other amounts due under the Loan Documents according to their respective terms, and the Loan Agreement creates a valid lien on such Pledged Property on a parity with the lien thereon of the Outstanding Parity Obligations. No filings or recordings are required under the Colorado Uniform Commercial Code in order to create or perfect a lien on the Pledged Property, and all actions have been taken as required by Section 11-57-208, Colorado Revised Statutes. 4. The Loan Documents have been duly authorized, executed and delivered by authorized officers of the Governmental Agency; and, assuming in the case of the Loan Agreement, that the Authority has all the requisite power and authority to authorize, execute and deliver, and has duly authorized, executed and delivered the Loan Agreement, the Loan Documents constitute legal, valid and binding obligations of the Governmental Agency enforceable in accordance with their respective terms. 5. The execution and delivery of the Loan Documents are not subject to the limitations of Article X, Section 20 of the Colorado Constitution (“TABOR”) because the Governmental Agency constitutes an enterprise under TABOR as of the date hereof. The performance of the obligations of the Governmental Agency under the Loan Documents is not subject to the limitations of TABOR as long as the Governmental Agency continues to qualify as an enterprise under TABOR. If the Governmental Agency ceases to qualify as an enterprise under TABOR, the Loan Documents will continue to constitute legal, valid and binding obligations of the Governmental Agency enforceable in accordance with their respective terms subject to the revenue and spending limitations of TABOR; provided, however, that if the Governmental Agency at any time ceases to qualify as an enterprise under TABOR, (a) the Governmental Agency may impose any increased fees, rates and charges of the System without voter approval; (b) all revenues of the Governmental Agency used to pay Loan Repayments by the Governmental Agency are to be included in the Governmental Agency’s fiscal year spending limit under Section 7(d) of TABOR, except that creation of bonded debt increases fiscal year spending by the amount of debt service so funded and debt service changes and reductions are exceptions to, and not part of, the Governmental Agency’s revenue and spending base and limits; and (c) if the Governmental Agency is required to reduce spending in order to comply with its fiscal year spending limit under Section 7(b) of TABOR, the Governmental Agency will first be required to reduce spending for purposes for which it does not have an obligation under law or by contract prior to reducing spending required to comply with the other covenants contained in the Loan Documents. The opinions expressed in this opinion letter are subject to the following: The obligations of the Governmental Agency pursuant to the Loan Documents are limited by bankruptcy, insolvency, reorganization, moratorium, and other similar laws affecting creditors’ rights generally, and by equitable principles, whether considered at law or in equity. DR A F T Page 388 of 455 E-2-8 No opinion is expressed herein regarding the validity or enforceability of Section 3.06 of the Loan Agreement or any other provision thereof which purports to require the Governmental Agency to indemnify or hold any person harmless. We are opining only upon those matters set forth herein, and we are not passing upon the accuracy, adequacy or completeness of any statements made in connection with the Loan Documents or any federal or state tax consequences arising from the receipt or accrual of interest on or the ownership or disposition of the Loan Documents, except those specifically addressed herein. This opinion letter is issued as of the date hereof and we assume no obligation to revise or supplement this opinion letter to reflect any facts or circumstances that may hereafter come to our attention or changes in law that may hereafter occur. In connection with the execution and delivery of the Loan Documents, we have represented the Governmental Agency which is our sole client in this transaction. Delivery of this letter to you does not establish an attorney-client relationship between the Authority and this firm. In connection with the Loan, the Authority has been represented by Carlson, Hammond & Paddock, L.L.C., as General Counsel, which is hereby authorized to rely on the legal conclusions expressed herein in its capacity as General Counsel to the Authority. This opinion letter is furnished to you solely for your information and benefit in connection with the initial execution and delivery of the Loan Documents and may not be relied upon by you for any other purpose or relied upon by any other person (other than the Authority’s General Counsel) without the prior written consent of this firm. Respectfully submitted, DR A F T Page 389 of 455 F-4 EXHIBIT F ADDITIONAL COVENANTS AND REQUIREMENTS (1) Rate Covenant. The Governmental Agency shall establish and collect such rates, fees, and charges for the use or the sale of the products and services of the System as, together with other moneys available therefor, are expected to produce Gross Revenue (as defined in Paragraph (3) of Exhibit A to this Loan Agreement) for each calendar year that will be at least sufficient for such calendar year to pay the sum of: (a) all amounts estimated to be required to pay Operation and Maintenance Expenses (as defined in Paragraph (3) of Exhibit A of this Loan Agreement) during such calendar year; (b) a sum equal to 110% of the debt service due on the Governmental Agency Bond for such calendar year and debt service coming due during such calendar year on any obligations secured by a lien on the Pledged Property which lien is on a parity with the lien of this Loan Agreement on the Pledged Property, in each case computed as of the beginning of such calendar year; (c) the amount, if any, to be paid during such calendar year into any debt service reserve account in connection with any obligations secured by a lien on the Pledged Property which lien is on a parity with the lien of this Loan Agreement on the Pledged Property; (d) a sum equal to the debt service on any obligations secured by a lien on the Pledged Property which lien is subordinate to the lien of this Loan Agreement on the Pledged Property for such calendar year computed as of the beginning of such calendar year; and (e) amounts necessary to pay and discharge all charges and liens or other indebtedness not described above payable out of the Gross Revenue during such calendar year. (2) Rate Study. In the event that Gross Revenue collected during a fiscal year is not sufficient to meet the requirements set forth in the Rate Covenant contained in Paragraph (1) of this Exhibit F to the Loan Agreement, the Governmental Agency shall, within 90 days of the end of such fiscal year, cause an independent firm of accountants or consulting engineers, to prepare a rate study for the purpose of recommending a schedule of rates, fees, and charges for the use of the System that, in the opinion of the firm conducting the study will be sufficient to provide Gross Revenue to be collected in the next succeeding fiscal year that will provide compliance with the Rate Covenant described in Paragraph (1) of this Exhibit F to this Loan Agreement. Such a study shall be delivered to the Authority. The Governmental Agency shall within six months of receipt of such F-1 DR A F T Page 390 of 455 F-4 study, adopt rates, fees, and charges for the use of the System, based upon the recommendations contained in such study, that provide compliance with said Rate Covenant. Notwithstanding the foregoing, the Authority may, from time to time, in its sole and absolute discretion and pursuant to such terms and restrictions it may specify, waive in writing the requirement that a rate study be performed by the Governmental Agency. (3) Additional Bonds. (a) Senior Lien Bonds. The Governmental Agency covenants that it will not issue any obligations payable out of, or secured by a lien or charge, on the Pledged Property that is superior to the lien or charge of this Loan Agreement on the Pledged Property. (b) Parity Lien Bonds. The Governmental Agency covenants that it will not issue any obligations payable out of or secured by a lien or charge on the Pledged Property that is on a parity with the lien or charge of this Loan Agreement on the Pledged Property, unless the Governmental Agency certifies to the Authority that Net Revenue (as defined in Paragraph (3) of Exhibit A to this Loan Agreement) for any 12 month period ending with the most recently completed calendar quarter for which financial statements are available, together with any other available funds, is sufficient to pay an amount representing not less than 120% of the Combined Average Annual Debt Service Requirements for (i) this Loan Agreement and (ii) all other outstanding obligations of the Governmental Agency payable out of, or secured by a lien or charge on, the Pledged Property that is on a parity with the lien or charge of this Loan Agreement on the Pledged Property, and (iii) such proposed obligations to be issued as described in this subsection (3)(b). For purposes of this section (3)(b), capitalized terms have the meanings ascribed to them in the Master Bond Resolution of the Board. (c) Subordinate Lien Bonds. The Governmental Agency covenants that it will not issue any obligations payable out of, or secured by a lien or charge on, the Pledged Property that is subordinate to the lien or charge of this Loan Agreement on the Pledged Property, unless the Governmental Agency certifies to the Authority that for any 12 consecutive months out of the 18 months preceding the month in which such obligations are to be issued Net Revenue (as defined in Paragraph (3) of Exhibit A to this Loan Agreement) was at least 100% of the maximum annual debt service due in any one year on (a) all obligations outstanding during such period that are payable out of, or secured by a lien or charge on, the Pledged Property and (b) such proposed obligations to be issued. (d) Net Revenue Adjustment. In calculating revenue coverage for purposes of the issuance of additional parity or subordinate lien bonds, the Governmental Agency may adjust Net Revenue to reflect any rate increases adopted in connection with the issuance of additional obligations by adding to the actual Net Revenue for the period examined an estimated sum equal to 100% of the estimated increase in Net Revenue that would have been realized during such period had the adopted rate increase been in effect during all of such period. F-2 DR A F T Page 391 of 455 F-4 (e) Refunding Bonds. Notwithstanding the foregoing, the Governmental Agency may issue refunding obligations payable out of, or secured by a lien or charge on, the Pledged Property, without compliance with the requirements stated above, provided that the debt service payments on such refunding obligations do not exceed the debt service payments on the refunded obligations during any calendar year. (4) Lien Representation. 1. The Governmental Agency has disclosed the following bonds, notes or other evidence of indebtedness of the Governmental Agency issued, or contractual obligations incurred, having a lien on the Source of Repayment of equal rank with the lien and charge on the Source of Repayment of the Governmental Agency Bond: (i) the revenue bond evidencing the loan (WIFIA ID-20113CO) from the United States Environmental Protection Agency to the Government Agency pursuant to the WIFIA Loan Agreement dated May 26, 2022. The Source of Repayment is free and clear of any pledge, lien, charge, or encumbrance thereon, or with respect thereto, other than that of the Parity Lien Obligations, that is of equal rank with the obligation of the Governmental Agency Bond. Further, the Source of Repayment is free and clear of any pledge, lien, charge, or encumbrance thereon, or with respect thereto, that is prior to the obligation of the Governmental Agency Bond. (5) Operation and Maintenance Reserve Fund. The Governmental Agency shall maintain an operation and maintenance reserve in an amount equal to three months of operation and maintenance expenses, excluding depreciation, of the System as set forth in the annual budget for the current fiscal year. Said reserve may be in the form of unobligated fund balances, or other unobligated cash or securities (i.e. capital reserves), or may be in a separate segregated fund and shall be maintained as a continuing reserve for payment of any lawful purpose relating to the System. If the operation and maintenance reserve falls below this requirement, the shortfall shall be made up in 24 substantially equal monthly installments beginning the second month after such shortfall. (6) Davis Bacon & Related Acts (DBRA). The Governmental Agency will comply with the requirements of the Davis Bacon & Related Acts, codified at 40 U.S.C. §§ 3140 through 3148. (7) Cost Overruns. Any cost overruns associated with the Project will be the responsibility of the Governmental Agency and any additional costs to defend against contract claims will not be reimbursed through this or any future funding. (8) Audit Requirements. For each year in which the Governmental Agency requests a disbursement from the Project Loan Subaccount, the Governmental Agency shall conduct its annual audit in accordance with the federal Single Audit Act, 31 U.S.C. 7501 et seq. (9) American Iron and Steel Requirement. The Governmental Agency will comply with - Section 436 of P.L. 113-76, Consolidated Appropriations Act, 2014, (the “Appropriations Act”) and related State Revolving Fund Policy Guidelines, which require that all of the iron and steel products (as defined in the Appropriations Act and Guidelines) used in the Project must be F-3 DR A F T Page 392 of 455 F-4 produced in the United States unless the Governmental Agency has requested and received a waiver from the requirement pursuant to the “waiver process” described in the Appropriations Act and Guidelines. (10) Construction Schedule. The Governmental Agency has provided the following estimated dates regarding the project: a) Advertisement for Bids Publication Date: November 30, 2022 b) Construction Contract Award Date: February 8, 2023 c) Construction Start Date: April 1, 2023 d) Construction Completion Date: September 30, 2025 (11) Technical Managerial and Financial Capacity Requirement. As described in the Technical/Managerial/Financial (TMF) Capacity Evaluation Report dated August 22, 2022, there were no mandatory TMF requirements. (12) Buy American Build America Act. Build America, Buy America Act. The Governmental Agency will comply with the requirements of the Build America Buy America Act, enacted as part of the Bipartisan Infrastructure Law, including guidance for implementing the BABA Act provided by the Office of Management and Budget, where applicable. BABA establishes domestic content procurement preference requirements for federal financial assistance provided through the Clean Water and Drinking Water State Revolving Funds including that iron, steel, manufactured products, and construction materials used in covered projects are produced in the United States unless the Governmental Agency has requested and received a waiver from the federal government. (13) Bipartisan Infrastructure Law – Lead Service Line Replacement. The Governmental Agency will comply with all federal requirements applicable to the Bipartisan Infrastructure Law (the Infrastructure Investment and Jobs Act) (Public Law 117-58) and related regulations and guidance, during the Loan Term.DR A F T Page 393 of 455 G-1 EXHIBIT G DWRF Form of Requisition THE CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE (the “Governmental Agency”) Please submit to the following addresses: Submit Online To: https://ceos.colorado.gov/CO/CEOS/Public/Client/CO_CIMPLE/Shared/Pages/Main/Login.aspx If there are any questions or technical issues, please submit your backup document via one of the methods below. Email To: cdphe_grantsandloans@state.co.us (preferred backup method) Or Mail To: Colorado Department of Public Health and Environment Grants and Loans Unit WQCD-OA-B2 Attn: Project Manager 4300 Cherry Creek Drive South Denver, Colorado 80246-1530 Or Fax To: 303-782-0390 (Call CDPHE Project Manager to confirm delivery) Cc: CDPHE Project Manager Cc: E-mail requisition form (Exhibit G) to the Colorado Water Resources and Power Development Authority at requisitions@cwrpda.com This requisition is made in accordance with Section 3.02 of the Loan Agreement executed by the Colorado Water Resources and Power Development Authority on December 15, 2022. Terms defined in the Loan Agreement and not otherwise defined herein shall have the same meanings when used herein. The Governmental Agency hereby states as follows: 1. This is Requisition No____________________________________________. 2. The amount requisitioned hereunder is_____________________________. 3. The person, firm or corporation to whom the amount requisitioned is due, or to whom a reimbursable and advance has been made, is ______________________. 4. The payee of the requisitioned amount is___________________________. 5. The manner of payment to the payee is to be wire transferred to: Bank: ABA No.: Account No.: Account Name: Contact: DR A F T Page 394 of 455 G-1 6. Attached hereto is the appropriate documentation demonstrating that the amount requisitioned hereunder is currently due or has been advanced by the Governmental Agency. 7. The amount hereby requisitioned is a proper Cost of the Project to be paid only from amounts deposited in the Project Account established for the Governmental Agency in the Drinking Water Revolving Fund. 8. On the date hereof, there does not exist any Event of Default under the Loan Agreement nor any condition which, with the passage of time or the giving of notice, or both, would constitute an Event of Default thereunder. 9. Estimate of total project completion percentage: __________________% 10. The undersigned is an Authorized Officer of the Governmental Agency duly authorized in the Loan Agreement to submit the Requisition. 11. The Governmental Agency reaffirms that all representations made by it in the Loan Agreement are true and accurate as of the date of this requisition, and that it shall continue to observe and perform all of its duties, covenants, obligations and agreements thereunder, at all times during the entire term of said Loan Agreement. Dated: __________________. CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE By: ___________________________. Title: _________________________& Authorized Officer Print Name:____________________ You should receive all payments no later than 10 working days after receipt of requisition unless otherwise notified. 1. The undersigned approves the disbursement of the requisitioned amount from the Project Loan Account established in the Drinking Water Revolving Fund Project Account. COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY By: ________________________________ Finance Director Dated: _____________________________ For Colorado Department of Public Health and Environment, Water Quality Control Division purposes only: Payment approved by:___________________________ Dated:_______________________________________ G-2 DR A F T Page 395 of 455 Contract Number City Contact Information: Staff Contact Person Phone Title Email Summary of Terms: Original Contract Amount Start Date 5/1/2024 Amendment Amount End Date 4/30/2054 Amended Contract Amount Total Term in Years 30.00 Vendor Contact Information: Name Contact Address Phone Email Denver CO City State Zip Code Contract Type: Please select from the drop down list Description of Contract Work/Services City of Englewood, Colorado CONTRACT APPROVAL SUMMARY COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY 1580 Logan Street, Suite 620 LOAN AGREEMENT Leveraged Loan $ 23,000,080 $ - $ 23,000,080 303.349.3766Sarah Stone SStone@englewoodco.govUtilities Deputy Director – Business Solutions and Engineering Renewal options available n/a The Bipartisan Infrastructure Law (BIL), previously referred to as the Infrastructure Investment and Jobs Act, was signed into law on November 15, 2021. The BIL will invest more than $50 billion over the next five years in U.S. Environmental Protection Agency (EPA) water infrastructure programs, including the State Revolving Fund (SRF) loan programs. In Colorado, the BIL funding is issued through the Drinking Water Revolving Fund (DWRF) in three categories: 1) DWRF BIL General Supplemental Funding, 2) DWRF BIL Emerging Contaminants Funding, and 3) DWRF BIL Lead Service Line Funding. The DWRF loan program incentivizes the acceleration of water infrastructure improvements by providing long-term, low-cost supplemental loans for regionally and nationally significant projects. The DWRF program provides favorable loan terms that meet or exceed the value provided in other borrowing mechanisms. This includes: • Low interest rates that are locked in at time of closing • Interest accrued as funds are disbursed • Loan repayment term of up to 30 years Additionally, the BIL funding comes with a requirement that a certain percentage of the funds is distributed as loan principal forgiveness (i.e., grants) to “disadvantaged communities.” Englewood Utilities began the process of applying for this funding in the summer of 2022 to fund the Lead Reduction Program. The comprehensive DWRF application package was submitted to the CWRPDA on December 21, 2023. Since that time, City staff, along with the CWRPDA, have been performing financial and environmental due diligence, and refining project costs. Englewood Utilities was approved by the CWRPDA Board for funding through the DWRF on March 8, 2024. 80203 Payment or Revenue terms (please describe terms or attached schedule if based on deliverables) kmclaughlin@cwrpda.com Executive Director 2. A leveraged loan with principal amount of approximately $23,000,080, with a thirty-year term and a maximum interest rate of up to 5.5%. Assuming this maximum interest rate, this loan will cost the City approximately $1,583,000 in debt service annually. The interest rate for this leveraged loan will be determined when the CWRPDA sells its taxable bonds this spring in a competitive public sale process. The interest rate the City of Englewood pays will be 85% of the bond amount accepted through this process. Page 396 of 455 CONTRACT APPROVAL SUMMARY Procurement Justification of Contract Work/Services The DWRF loan eliminates the need for the city to cash-fund the Lead Reduction Program and spreads repayment over 30 years. This results in a more equitable share of costs among those who benefit from improvements now and customers who will benefit in the future. This Emergency Ordinance to the City Council is requested to ensure Englewood is included in the competitive DWRF bond sale scheduled by CWRPDA in May 2024. CWRPDA issues DWRF bonds approximately every six months, and pools borrowers in order to maximize interest from bond investors. The pool of borrowers expected to be included in the bond sale this spring are: the City of Englewood, the City of Greeley, South Adams Water and Sanitation District, the Town of Lochbuie, and the Upper Thompson Sanitation District. CWRPDA expects to post the Preliminary Official Statement for potential bond investors to review on April 30, 2024, and commence with the competitive sale of the bonds on May 8, 2024. Loan closing would then be scheduled for May 23 following final approval by the CWRPDA board. This timeline was communicated to Utilities staff following CWRPDA board approval of the Englewood DWRF Loan Application on March 8, 2024. Accordingly, in order to position the City to be included in a favorable bond pool, the Emergency Ordinance is needed to secure the funding and to achieve cost and interest rate certainty as the construction project will commence this summer. Page 397 of 455 CONTRACT APPROVAL SUMMARY Source of Funds: Revenue CAPITAL ONLY A B C 1=A-B-C Capital Tyler New World Revenue to Loan Revenue Operating Year Project # / Task #Fund Division Account Line Item Description Contract Title Budget Date Amount Remaining R 2024 40 1607 37201 A DWRF BIL Lead Service Line Direct loan 18,000,000$ -$ 17,551,020$ (448,980)$ R 2024 40 1607 37201 Leveraged Loan 18,000,000$ -$ 23,000,080$ 5,000,080$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ Total Current Year 18,000,000$ -$ 40,551,100$ 22,551,100$ C -$ -$ -$ -$ C -$ -$ -$ -$ O -$ -$ -$ -$ O -$ -$ -$ -$ O -$ -$ -$ -$ Total - Year Two -$ -$ -$ -$ GRAND TOTAL 18,000,000$ -$ $40,551,100*22,551,100$ *Funding will be available through 2054, includes $10,000,000 of principal forgiveness Process for Choosing Contractor: Solicitation Name and Number Attachment (For Capital Items Only / Expense Line Item Detail is Located in OpenGov): All Other Attachments: Leveraged Loan NOTES/COMMENTS (if needed): For Operating Line Item Detail, please review information provided in Tyler New World For Capital Items, please review Prior Month's Project Status and Fund Balance Report Borrowing Proceeds Borrowing Proceeds General Ledger Account String Solicitation:Evaluation Summary/Bid Tabulation Attached Proposal/Bid Attached Prior Month-End Project Status and Fund Balance Report Evaluation Summary/Bid Tabulation AttachedEvaluation Summary/Bid Tabulation AttachedEvaluation Summary/Bid Tabulation AttachedContract Copy of Original Contract if this is an Amendment Copies of Related Contracts/Conveyances/Documents Addendum(s) Exhibit(s) Certificate of Insurance Page 398 of 455 NRF Draft 2/27/24 139095716.3 DRINKING WATER REVOLVING FUND LOAN AGREEMENT BETWEEN COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY AND CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE DATED AS OF MAY 1, 2024 DR A F T Page 399 of 455 139095716.3 1 THIS LOAN AGREEMENT, made and entered into as of May 1, 2024, by and between COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY (the “Authority”), a body corporate and political subdivision of the State of Colorado, and CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE (the “Governmental Agency”); WITNESSETH THAT: WHEREAS, the United States of America, pursuant to the federal Safe Drinking Water Act Amendments of 1996, as amended, requires each state, as a condition to the receipt of certain funds, to establish a drinking water revolving fund to be administered by an instrumentality of the state before the state may receive capitalization grants to finance the costs of infrastructure needed to achieve or maintain compliance with federal drinking water requirements for such projects; WHEREAS, the Authority was created to initiate, acquire, construct, maintain, repair and operate or cause to be operated water management projects which include water facilities and to issue its bonds to pay the cost of such projects; WHEREAS, Section 37-95-107.6 of the Colorado Revised Statutes has created a drinking water revolving fund to be administered by the Authority which will enable the State of Colorado to comply with the provisions of said federal Safe Drinking Water Act Amendments of 1996, as amended; WHEREAS, the Authority has determined to issue its bonds and to loan the proceeds of such bonds to public entities in Colorado to finance the costs of drinking water facilities, and to use moneys on deposit in the Drinking Water Revolving Fund to assist such public entities in connection with the financing of such facilities; WHEREAS, the Authority, in accordance with the Act and the Bond Resolution (as such terms are hereinafter defined), will issue its bonds for the purpose of making loans from the proceeds thereof to public entities, including the Governmental Agency, to finance all or any portion of the cost of drinking water facilities; WHEREAS, the Governmental Agency has made timely application to the Authority for a loan to finance all or any portion of the cost of a water facility; WHEREAS, the General Assembly of the State of Colorado has approved a project eligibility list which includes the water facilities proposed to be financed hereunder; WHEREAS, the Authority has approved the Governmental Agency’s application for a loan from available proceeds of the bonds of the Authority in an amount not to exceed the amount of the loan commitment set forth in paragraph (3) of Exhibit B hereto to finance all or any portion of the cost of a water treatment facility of the Governmental Agency; WHEREAS, the Governmental Agency will issue its bond to the Authority to evidence said loan from the Authority; DR A F T Page 400 of 455 139095716.3 2 NOW, THEREFORE, for and in consideration of the award of the loan by the Authority and of the mutual covenants herein, the Authority and the Governmental Agency each agree to perform their respective obligations under this Loan Agreement in accordance with the conditions, covenants and procedures set forth herein and attached hereto as a part hereof, as follows: ARTICLE I. DEFINITIONS SECTION 1.01 Definitions. The following terms as used in this Loan Agreement shall, unless the context clearly requires otherwise, have the following meanings: “Act” means the “Colorado Water Resources and Power Development Authority Act,” being Section 37-95-101 et. seq. of the Colorado Revised Statutes, as the same may from time to time be amended and supplemented. “Administrative Fee” means the fee payable pursuant to subsection (b) of Section 3.03 hereof which is calculated on the basis of an annual fee of one and one quarter percent (1.25%) of the initial principal amount of the Loan, or such lesser amount, if any, as the Authority may approve from time to time. “Allocable Investment Income” means the interest earnings or accrual thereof on the Project Loan Subaccount which are to be credited to the Loan Repayments in accordance with subsection (c) of Section 3.03. “Allocable Percentage” means the percentage allocated to the Governmental Agency under the definition of “Allocable Share” contained in Section 1.01 of the Bond Resolution. “Annual Information” means the information specified in Section 2.03 in this Loan Agreement. “Authority” means the Colorado Water Resources and Power Development Authority, a body corporate and political subdivision of the State of Colorado with corporate succession duly created and validly existing under and by virtue of the Act. “Authority Bonds” means bonds authorized by the Bond Resolution, together with any refunding bonds authenticated and delivered pursuant to the Bond Resolution, in each case in order to provide the source of funding of the Loan, including the particular Project Loan Subaccount from which the amounts loaned to the Governmental Agency pursuant to this Loan Agreement are taken. “Authorized Officer” means, in the case of the Governmental Agency, the person whose name is set forth in Exhibit B hereto or such other person or persons authorized pursuant to a resolution of the governing body of the Governmental Agency to act as an Authorized Officer of the Governmental Agency to perform any act or execute any document relating to the Loan, the Governmental Agency Bond or this Loan Agreement whose name is furnished in writing to the Authority. DR A F T Page 401 of 455 139095716.3 3 “Bond Resolution” means the State Revolving Fund 2024 Series A Revenue Bond Resolution, as adopted by the Authority on April 26, 2024, authorizing the issuance of the Authority Bonds, and all further amendments and supplements thereto adopted in accordance with the provisions thereof. “Code” means the “Internal Revenue Code of 1986,” as the same may from time to time be amended and supplemented, including any regulations promulgated thereunder and any administrative or judicial interpretations thereof. “Cost” means those costs that are eligible to be funded from draws under the Federal Capitalization Agreement and are reasonable, necessary and allocable to the Project and are permitted by GAAP to be costs of the Project. Cost shall also include Costs of Issuance (as defined in the Bond Resolution). “Event of Default” means any occurrence or event specified in Section 5.01 hereof. “Federal Capitalization Agreement” means the instrument or agreement established or entered into by the United States of America Environmental Protection Agency with the Authority to make capitalization grant payments pursuant to the federal Safe Drinking Water Act, as amended (43 U.S.C. § 300 et. seq.) “Fiscal Year” means the fiscal year of the Governmental Agency. “GAAP” means generally accepted accounting principles as in effect from time to time in the United States. “Governmental Agency” means the public entity that is a party to and is described in the first paragraph of this Loan Agreement, and its successors and assigns. “Governmental Agency Bond” means the bond executed and delivered by the Governmental Agency to the Authority to evidence the Loan, dated the date of the Loan Closing, the form of which is attached hereto as Exhibit D and made a part hereof. “Governmental Agencies” means the Governmental Agency and any other governmental agencies permitted by the Act that have entered into Loan Agreements with the Authority pursuant to which the Authority will make Loans to such Governmental Agencies from moneys on deposit in the Project Account financed with the proceeds of the Authority Bonds. “Gross Revenue” means the defined term of this Loan Agreement set forth in paragraph (3) of Exhibit A attached hereto and made a part hereof. “Holder” means any holder of Authority Bonds as defined under the Bond Resolution and, for the purposes of Section 2.03 of this Loan Agreement, shall also mean any beneficial owner of Authority Bonds within the meaning of Rule 13-d under the Securities Exchange Act of 1934, as amended. DR A F T Page 402 of 455 139095716.3 4 “Loan” means the loan made by the Authority to the Governmental Agency to finance or refinance all or any portion of the Cost of the Project pursuant to this Loan Agreement. For all purposes of this Loan Agreement, the principal amount of the Loan at any time shall be equal to the amount of the loan commitment set forth in paragraph (3) of Exhibit B attached hereto and made a part of this Loan Agreement (which loan commitment amount equals the sum of (i) the amount actually deposited in the Project Loan Subaccount from the proceeds of the Authority Bonds, moneys of the Authority and moneys drawn by the Authority pursuant to the Federal Capitalization Agreement, (ii) the Governmental Agency’s Allocable Percentage of the Costs of Issuance, original issue discount and underwriter’s discount for all Authority Bonds issued in connection with the making of the Loan and the deposit to the 2024 Series A Matching Account, and (iii) capitalized interest during the Project construction period to be paid with the proceeds of Authority Bonds), less any portion of such principal amount as has been repaid by the Governmental Agency under this Loan Agreement. “Loan Agreement” means this Loan Agreement, including the Exhibits attached hereto, as it may be supplemented, modified or amended from time to time in accordance with the terms hereof and of the Bond Resolution. “Loan Agreements” means this Loan Agreement and any other loan agreements entered into between the Authority and one or more of the Governmental Agencies pursuant to which the Authority will make Loans to such Governmental Agencies from moneys on deposit in the Project Account financed with the proceeds of certain of the Authority Bonds and funds of the Authority. “Loan Closing” means the date upon which the Authority shall issue and deliver the initial Authority Bonds. “Loan Repayments” means the payments payable by the Governmental Agency pursuant to Section 3.03 of this Loan Agreement, including payments payable under the Governmental Agency Bond. “Loan Servicer” means the Loan Servicer for the Loans, duly appointed and designated as such pursuant to the Loan Servicing Agreement, dated as of the dated date of the Authority Bonds, between the Authority and the Loan Servicer, and its successors as Loan Servicer under the Loan Servicing Agreement. “Loans” means the Loan and loans made by the Authority to other Governmental Agencies under the Loan Agreements. “Loan Term” means the defined term set forth in paragraph (4) of Exhibit B attached hereto and made a part hereof. “MSRB” means the Municipal Securities Rulemaking Board established in accordance with the provisions of Section 15B(b)(1) of the Securities Exchange Act of 1934. “Net Revenue” means the defined term of this Loan Agreement set forth in paragraph (3) of Exhibit A attached hereto and made a part hereof. DR A F T Page 403 of 455 139095716.3 5 “Pledged Property” means the defined term set forth in paragraph (3) of Exhibit A attached hereto and made a part hereof. “Prime Rate” means the prevailing commercial interest rate announced by the Trustee from time to time as its prime lending rate. “Project” means the water facilities of the Governmental Agency described in paragraph (1) of Exhibit A attached hereto and made a part hereof, all or any portion of the Cost of which is financed or refinanced by the Authority through the making of the Loan under this Loan Agreement. “Project Account” means the 2024 Series A Project Account created under the Bond Resolution. “Project Loan Subaccount” means the 2024 Series A Project Loan Subaccount established on behalf of the Governmental Agency in the Project Account in accordance with the Bond Resolution. “Rule 15c2-12” means Rule 15c2-12 under the Securities Exchange Act of 1934, as amended through the date of adoption of the Bond Resolution, together with all interpretive guidances or other official interpretations and explanations thereof that are promulgated by the SEC. “SEC” means the United States Securities and Exchange Commission. “2024 Series A Matching Account” means the 2024 Series A Matching Account created under the Bond Resolution. “System” means the water system of the Governmental Agency, including the Project, described in paragraph (2) of Exhibit A attached hereto and made a part hereof for which the Governmental Agency is making the borrowing under this Loan Agreement, as such System may be modified or expanded from time to time. “Trustee” means the Trustee appointed by the Authority pursuant to the Bond Resolution and its successor or successors and any other corporation which may at any time be substituted in its place as Trustee pursuant to the Bond Resolution. Terms not otherwise defined in this Section 1.01 or in Exhibits A and B hereto shall have the meanings ascribed to them in the Bond Resolution. Except where the context otherwise requires, words importing the singular number shall include the plural number and vice versa, and words importing persons shall include firms, associations, corporations, agencies and districts. Words importing one gender shall include the other gender. DR A F T Page 404 of 455 139095716.3 6 ARTICLE II. REPRESENTATIONS AND COVENANTS OF GOVERNMENTAL AGENCY SECTION 2.01 Representations of Governmental Agency. The Governmental Agency represents for the benefit of the Authority and the holders of the Authority Bonds as follows: (a) Organization and Authority. (i) The Governmental Agency is a governmental agency as defined in the Act and as described in the first paragraph of this Loan Agreement. (ii) The System is a system for the provision to the public of water for human consumption through the pipes or other constructed conveyances which has at least fifteen service connections or regularly serves at least twenty-five individuals; (iii) The Governmental Agency has full legal right and authority and all necessary licenses and permits required as of the date hereof to own, operate and maintain the System, to carry on its activities relating thereto, to execute and deliver this Loan Agreement, to execute, issue and deliver the Governmental Agency Bond, to undertake the Project (other than licenses, permits, and approvals relating to the construction and acquisition of the Project which the Governmental Agency expects to receive in the ordinary course of business), and to carry out and consummate all transactions contemplated by this Loan Agreement. The Project is on the drinking water project eligibility list approved by the General Assembly of the State of Colorado pursuant to the Act and is a project which the Governmental Agency may undertake pursuant to Colorado law and for which the Governmental Agency is authorized by law to borrow money. (iv) The proceedings of the Governmental Agency’s governing body and voters, if a referendum is necessary, approving this Loan Agreement and the Governmental Agency Bond and authorizing their execution, issuance and delivery on behalf of the Governmental Agency, and authorizing the Governmental Agency to undertake the Project have been duly and lawfully adopted in accordance with the laws of Colorado and such proceedings were duly approved and published, if necessary, in accordance with applicable Colorado law, at a meeting or meetings which were duly called pursuant to necessary public notice and held in accordance with applicable Colorado law, and at which quorums were present and acting throughout. (v) This Loan Agreement and the Governmental Agency Bond, when delivered at the Loan Closing, will have been, duly authorized, executed and delivered by an Authorized Officer of the Governmental Agency; and, assuming that the Authority has all the requisite power and authority to authorize, execute DR A F T Page 405 of 455 139095716.3 7 and deliver, and has duly authorized, executed and delivered, this Loan Agreement, this Loan Agreement constitutes, and the Governmental Agency Bond when delivered to the Authority will constitute, the legal, valid and binding obligations of the Governmental Agency in accordance with their respective terms, and the information contained under “Description of the Loan” on Exhibit B attached hereto and made a part hereof is true and accurate in all respects. (b) Full Disclosure. There is no fact that the Governmental Agency has not disclosed to the Authority in writing on the Governmental Agency’s application for the Loan or otherwise that materially adversely affects the properties, activities or condition (financial or otherwise) of the Governmental Agency or the System, or the ability of the Governmental Agency to make all Loan Repayments and otherwise observe and perform its duties, covenants, obligations and agreements under this Loan Agreement and the Governmental Agency Bond. (c) Pending Litigation. There are no proceedings pending, or, to the knowledge of the Governmental Agency threatened, against or affecting the Governmental Agency, in any court or before any governmental authority or arbitration board or tribunal that, if adversely determined, would materially adversely affect the properties, activities or condition (financial or otherwise) of the Governmental Agency or the System, or the ability of the Governmental Agency to make all Loan Repayments and otherwise observe and perform its duties, covenants, obligations and agreements under this Loan Agreement and the Governmental Agency Bond, that have not been disclosed in writing to the Authority in the Governmental Agency’s application for the Loan or otherwise to the Authority. (d) Compliance with Existing Laws and Agreements. The authorization, execution and delivery of this Loan Agreement and the Governmental Agency Bond by the Governmental Agency, the observation and performance by the Governmental Agency of its duties, covenants, obligations and agreements thereunder and the consummation of the transactions provided for in this Loan Agreement and the Governmental Agency Bond, the compliance by the Governmental Agency with the provisions of this Loan Agreement and the Governmental Agency Bond and the undertaking and completion of the Project will not result in any breach of any of the terms, conditions or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance upon any property or assets of the Governmental Agency pursuant to any existing resolution, trust agreement, indenture, mortgage, deed of trust, loan agreement or other instrument (other than the lien and charge of (i) this Loan Agreement and the Governmental Agency Bond and (ii) any resolution or indenture which authorized outstanding debt obligations of the Governmental Agency that are at parity with, or superior to, the Governmental Agency Bond as to lien on, and source and security for, payment thereon from the Pledged Property) to which the Governmental Agency is a party or by which the Governmental Agency, the System or any of its property DR A F T Page 406 of 455 139095716.3 8 or assets may be bound, nor will such action result in any violation of the provisions of the charter or other document pursuant to which the Governmental Agency was established or any laws, ordinances, resolutions, governmental rules, regulations or court orders to which the Governmental Agency, the System or its properties or operations is subject. (e) No Defaults. No event has occurred and no condition exists that, upon authorization, execution and delivery of this Loan Agreement and the Governmental Agency Bond or receipt of the amount of the Loan, would constitute an Event of Default hereunder. The Governmental Agency is not in violation of, and has not received notice of any claimed violation of, any term of any agreement or other instrument to which it is a party or by which it, the System or its property may be bound, which violation would materially adversely affect the properties, activities, prospects or condition (financial or otherwise) of the Governmental Agency or the System or the ability of the Governmental Agency to make all Loan Repayments or otherwise observe and perform its duties, covenants, obligations and agreements under this Loan Agreement and the Governmental Agency Bond. (f) Governmental Consent. The Governmental Agency has obtained all permits and approvals required to date by any governmental body or officer (and reasonably expects to receive all permits required in the future by any governmental body or officer) for the making, observance and performance by the Governmental Agency of its duties, covenants, obligations and agreements under this Loan Agreement and the Governmental Agency Bond or for the undertaking of the Project and the financing or refinancing thereof; and the Governmental Agency has complied with all applicable provisions of law requiring any notification, declaration, filing or registration with any governmental body or officer in connection with the making, observance and performance by the Governmental Agency of its duties, covenants, obligations and agreements under this Loan Agreement and the Governmental Agency Bond or with the undertaking or completion of the Project and the financing or refinancing thereof. No consent, approval or authorization of, or filing, registration or qualification with, any governmental body or officer that has not been obtained (or that is not reasonably expected to be obtained) is required on the part of the Governmental Agency as a condition to the authorization, execution and delivery of this Loan Agreement and the Governmental Agency Bond, the undertaking or completion of the Project or the consummation of any transaction herein contemplated. (g) Compliance with Law. The Governmental Agency (i) is in compliance with all laws, ordinances, governmental rules and regulations to which it is subject, the failure to comply with which would materially adversely affect the ability of the Governmental Agency to conduct its activities or undertake or complete the Project or the condition (financial or otherwise) of the Governmental Agency or the System; and (ii) has obtained all licenses, permits, franchises or other governmental authorizations presently necessary for the ownership of its property or for the conduct of its activities which, if not obtained, would materially adversely affect DR A F T Page 407 of 455 139095716.3 9 the ability of the Governmental Agency to conduct its activities or undertake the Project or the condition (financial or otherwise) of the Governmental Agency or the System (other than licenses, permits, franchises or other governmental authorizations relating to the construction and acquisition of the Project which the Governmental Agency expects to receive in the ordinary course of business). (h) Use of Proceeds. The Governmental Agency will apply the proceeds of the Loan from the Authority (i) to finance or refinance all or any portion of the Cost of the Project; and (ii) where applicable, to reimburse the Governmental Agency for all or any portion of the Cost of the Project, which portion was paid or incurred in anticipation of reimbursement by the Authority. SECTION 2.02 Particular Covenants of the Governmental Agency. (a) Repayment Pledge. The Governmental Agency irrevocably pledges and grants a lien on the Pledged Property for the punctual payment of the Loan Repayments. (b) Performance Under Loan Agreement. The Governmental Agency covenants and agrees (i) to maintain the System in good repair and operating condition; (ii) to cooperate with the Authority in the observance and performance of the respective duties, covenants, obligations and agreements of such Governmental Agency and the Authority under this Loan Agreement; and (iii) to comply with the covenants described in the Exhibits to this Loan Agreement. (c) Completion of Project and Provision of Moneys Therefor. The Governmental Agency covenants and agrees (i) to exercise its best efforts in accordance with prudent water utility practice to complete the Project and to so accomplish such completion on or before the estimated Project Completion Date set forth in Exhibit B hereto and made a part hereof; and (ii) to the extent legally available, to provide from the Gross Revenue all moneys, in excess of the total amount of Loan proceeds it receives under the Loan, required to complete the Project. (d) Disposition of the System. Except for the disposal of any portion of the System which the Governmental Agency determines is no longer necessary for the operation of the System, the Governmental Agency shall not sell, lease, abandon or otherwise dispose of all or substantially all of the System, or any other component of the System which provides revenues to provide for the payment of this Loan Agreement or the Governmental Agency Bond except on ninety (90) days’ prior written notice to the Authority and, in any event, shall not so sell, lease, abandon or otherwise dispose of the same unless the following conditions are met: (i) the Governmental Agency shall assign this Loan Agreement in accordance with Section 4.02 hereof and its rights and interests hereunder to the purchaser or lessee of the System and DR A F T Page 408 of 455 139095716.3 10 such purchaser or lessee shall assume all duties, covenants, obligations and agreements of the Governmental Agency under this Loan Agreement; and (ii) the Authority shall by appropriate action determine, in its sole discretion, that such sale, lease, abandonment or other disposition will not adversely affect the Authority’s ability to meet its duties, covenants, obligations and agreements under the Bond Resolution, and will not adversely affect the value of this Loan Agreement as security for the payment of Authority Bonds and interest thereon, adversely affect any agreement entered into by the Authority or the State with, or condition of any grant received by the Authority or the State from, the United States of America, which is related to the Federal Capitalization Agreement or any capitalization grant received by the Authority or the State under the federal Safe Drinking Water l Act Amendments, as amended (43 U.S.C. § 300 et seq.) (e) [Reserved.] (f) Operation and Maintenance of the System. The Governmental Agency covenants and agrees that it shall, in accordance with prudent water utility practice, (i) at all times operate the properties of the System and any business in connection therewith in an efficient manner, (ii) maintain the System in good repair, working order and operating condition, (iii) from time to time make all necessary and proper repairs, renewals, replacements, additions, betterments and improvements with respect to the System so that at all times the business carried on in connection therewith shall be properly and advantageously conducted; provided, however, this covenant shall not be construed as requiring the Governmental Agency to expend any funds which are derived from sources other than the Gross Revenue, and provided further that nothing herein shall be construed as preventing the Governmental Agency from doing so. (g) Records; Accounts. The Governmental Agency shall keep accurate records and accounts for the System (the “System Records”), separate and distinct from its other records and accounts (the “General Records”). Such System Records shall be maintained in accordance with GAAP and shall be audited annually by an independent accountant, which audit may be part of the annual audit of the General Records of the Governmental Agency. Such System Records and General Records shall be made available for inspection by the Authority at any reasonable time, and a copy of such annual audit(s) therefor, including all written comments and recommendations of such accountant, shall be furnished to the Authority within 210 days of the close of the fiscal year being so audited. (h) Inspections; Information. The Governmental Agency shall permit the Authority, and any party designated by the Authority, to examine, visit and inspect, at any and all reasonable times, the property, if any, constituting the Project, to the extent the property is owned or controlled by the Governmental Agency. If a portion of the Project (such as a lead service line owned or controlled by a third party) is located on the property owned by a third party, the Authority may examine, visit, and inspect that portion only from a publicly owned right-of-way, if DR A F T Page 409 of 455 139095716.3 11 available; and to inspect and make copies of any accounts, books and records, including (without limitation) its records regarding receipts, disbursements, contracts, investments and any other matters relating thereto and to its financial standing, and shall supply such reports and information as the Authority may reasonably require in connection therewith. (i) Insurance. The Governmental Agency shall maintain or cause to be maintained, in force, insurance policies with responsible insurers or self-insurance programs providing against risk of direct physical loss, damage or destruction of the System, at least to the extent that similar insurance is usually carried by utilities constructing, operating and maintaining utility system facilities of the nature of the System, including liability coverage, all to the extent available at reasonable cost. Nothing herein shall be deemed to preclude the Governmental Agency from asserting against any party, other than the Authority, a defense which may be available to the Governmental Agency, including, without limitation, a defense of sovereign immunity. (j) Cost of Project. The Governmental Agency certifies that the Cost of the Project, as listed in paragraph (2) of Exhibit B hereto and made a part hereof, is a reasonable and accurate estimation and upon direction of the Authority will supply the same with a certificate from its engineer stating that such Cost is a reasonable and accurate estimation, taking into account investment income to be realized during the course of the Project and other money that would, absent the Loan, have been used to pay the Cost of the Project. (k) Notice of Material Adverse Change. The Governmental Agency shall promptly notify the Authority of any material adverse change in the activities or condition (financial or otherwise) of the Governmental Agency relating to the System, or in the ability of the Governmental Agency to make all Loan Repayments and otherwise observe and perform its duties, covenants, obligations and agreements under this Loan Agreement and the Governmental Agency Bond from the Gross Revenue. The Governmental Agency shall provide such financial information relating to the Governmental Agency as the Authority may require in connection with the issuance of Authority Bonds pursuant to the Bond Resolution. (l) Reimbursement for Ineligible Costs. The Governmental Agency shall promptly reimburse the Authority, solely from the Net Revenue, for the portion of the Loan which is determined to be a Cost of the Project which is not eligible for funding from draws under the Federal Capitalization Agreement. Such reimbursement shall be promptly repaid to the Authority upon written request of the Authority with interest on the amount to be reimbursed at the rate borne by the Authority Bonds from the date of the Loan. Any such reimbursement shall be applied by the Authority to reduce the Loan Repayments due pursuant to Section 3.03(a). Eligible costs are costs associated with the approved scope of work, the plans and specifications and any change of orders. DR A F T Page 410 of 455 139095716.3 12 (m) Construction. The Governmental Agency agrees to construct the Project pursuant to plans and specifications for the Project that have been approved by the State Department of Public Health and Environment, and shall not begin construction until such approval has been provided. (n) Plan of Operation. The Governmental Agency shall submit to the State Department of Public Health and Environment, with the construction plans and specifications, a preliminary plan of operation, which shall provide a concise, sequential description of an implementation schedule for those activities necessary to assure efficient and reliable start-up and continual operation of the Project. The Governmental Agency agrees to implement the approved plan of operation. The Governmental Agency shall also submit a draft operation and maintenance manual prior to 50 percent of the Project being constructed. The final manual must be submitted prior to 90 percent of the Project being constructed. In addition, one year after commencement of operation, the Governmental Agency shall submit to the State, certification of achievement of the applicable Project performance certification standards. (o) Commencement of Construction. Within twelve (12) months after the Loan Closing, the Governmental Agency shall initiate construction of the Project. (p) Interest in Project Site. As a condition of the Loan, and prior to beginning construction of the Project, the Governmental Agency will demonstrate to the satisfaction of the Authority that the Governmental Agency has or will have a fee simple or such other estate or interest, which may include written consent and authorization from a third-party owner, in the site of the Project, including necessary easements and rights-of-way, as the Authority finds sufficient to assure undisturbed use and possession for the purpose of construction and operation of the Project for the estimated life of the Project. (q) Archeological Artifacts. In the event that archeological artifacts or historical sources are unearthed during construction excavation of the Project, the Governmental Agency shall stop or cause to be stopped, construction activities and will notify the State Historic Conservation Office and the Authority of such unearthing. DR A F T Page 411 of 455 139095716.3 13 (r) No Lobbying. No portion of the Loan may be used for lobbying or propaganda as prohibited by 18 U.S.C. § 1913 or Section 607(a) of Public Law 96-74. (s) Federal Requirements Act. The Governmental Agency covenants to meet the requirements of the federal Safe Drinking Water Act Amendments of 1996, as amended. (t) Continuing Representations. The representations of the Governmental Agency contained herein shall be true at the time of the execution of this Loan Agreement and at all times during the term of this Loan Agreement. (u) Additional Covenants and Requirements. If necessary in connection with the Authority’s issuance of the Authority Bonds or the making of the Loan, additional covenants and requirements will be included on Exhibit F hereto and made a part hereof. The Governmental Agency agrees to observe and comply with each such additional covenant and requirement, if any, included on Exhibit F on the date of the Loan Closing. SECTION 2.03 Obligation to Provide Continuing Disclosure. (a) If the Governmental Agency is advised in writing by the Authority that the Governmental Agency is required to comply with the provisions of this Section 2.03, the Governmental Agency shall undertake, for the benefit of Holders of the Authority Bonds, to provide or cause to be provided through the Authority: (i) to the MSRB no later than 210 days after the end of each Fiscal Year, commencing with the end of the first Fiscal Year following receipt of such advice from the Authority, the Annual Information relating to such Fiscal Year; (ii) if not submitted as part of or with the Annual Information, to the MSRB audited financial statements of the Governmental Agency for such Fiscal Year when and if they become available; provided that if the Governmental Agency’s audited financial statements are not available by the date set forth in (i) above, the Annual Information shall contain unaudited financial statements in a format similar to the Governmental Agency’s audited financial statements prepared for its most recent Fiscal Year, and the audited financial statements shall be filed in the same manner as the Annual Information when and if they become available; and (iii) to the MSRB, in a timely manner, notice of a failure to provide any Annual Information required by subsections (d), (e) and (f) of this Section 2.03. DR A F T Page 412 of 455 139095716.3 14 (b) The obligations of the Governmental Agency pursuant to subsection (a) of this Section 2.03 may be terminated as to such Governmental Agency pursuant to subsection (k) of this Section 2.03. Upon any such termination, the Governmental Agency shall provide notice of such termination to the MSRB. (c) Nothing herein shall be deemed to prevent the Governmental Agency from disseminating or require the Governmental Agency to disseminate any other information in addition to that required hereby in the manner set forth herein or in any other manner. If the Governmental Agency disseminates any such additional information, the Governmental Agency shall have no obligation to update such information or include it in any future materials disseminated hereunder. (d) The required Annual Information shall consist of the Governmental Agency’s audited financial statements for the most recent Fiscal Year as provided in subsection (a)(2) of this Section 2.03, and such other information that the Authority may require in and to provide compliance with Rule 15(c)2-12. (e) All or any portion of the Annual Information may be incorporated in the Annual Information by cross reference to any other documents which have been filed with the MSRB or the SEC. (f) Annual Information for any Fiscal Year containing any modified operating data or financial information (as contemplated by subsection (j)(v) of this Section 2.03) for such Fiscal Year shall explain, in narrative form, the reasons for such modification and the effect of such modification on the Annual Information being provided for such Fiscal Year. If a change in accounting principles is included in any such modification, such Annual Information shall present a comparison between the financial statements or information prepared on the basis of the modified accounting principles and those prepared on the basis of the former accounting principles. (g) The Governmental Agency’s annual financial statements for each Fiscal Year shall be prepared in accordance with GAAP as in effect from time to time. Such financial statements shall be audited by an independent accounting firm. (h) If the Governmental Agency shall fail to comply with any provision of this Section 2.03, then the Authority or any Holder of the Authority’s Bonds may enforce, for the equal benefit and protection of all Holders similarly situated, by mandamus or other suit or proceeding at law or in equity, this Section 2.03 against the Governmental Agency and any of the officers, agents and employees of the Governmental Agency, and may compel the Governmental Agency or any such officers, agents or employees to perform and carry out their duties under this Section 2.03; provided that the sole and exclusive remedy for breach of this Section 2.03 shall be an action to compel specific performance of the obligations of the Governmental Agency hereunder and no person or entity shall be entitled to recover monetary damages hereunder under any circumstances, and, provided further, that any challenge to the adequacy of any information provided pursuant to subsection (a) of this Section 2.03 shall be brought only by the Authority or the Holders of 25% in aggregate principal amount of the Authority’s Bonds at the time outstanding which are affected DR A F T Page 413 of 455 139095716.3 15 thereby. The failure of the Governmental Agency to comply with the provisions of this Section 2.03 shall not be deemed an Event of Default hereunder and the only remedies available to the Holders or the Authority for such failure to comply are the remedies contained in this subsection (h). (i) The provisions of this Section 2.03 are executed and delivered solely for the benefit of the Holders. No other person (other than the Authority) shall have any right to enforce the provisions of this Section 2.03 or any other rights under this Section 2.03. (j) Without the consent of any Holders of Authority Bonds, the Authority and the Governmental Agency at any time and from time to time may enter into any amendments or changes to this Section 2.03 for any of the following purposes: (i) to comply with or conform to Rule 15c2-12 or any amendments thereto (whether required or optional); (ii) to add a dissemination agent for the information required to be provided hereby and to make any necessary or desirable provisions with respect thereto; (iii) to evidence the succession of another person to the Governmental Agency and the assumption by any such successor of the covenants of the Governmental Agency under this Section 2.03; (iv) to add to the covenants of the Governmental Agency for the benefit of the Holders, or to surrender any right or power conferred upon the Governmental Agency pursuant to this Section 2.03; (v) to modify the contents, presentation and format of the Annual Information from time to time as a result of a change in circumstances that arises from a change in legal requirements, change in law, or change in the identity, nature or status of the Governmental Agency, or type of business conducted; provided that, (a) there is filed with the Trustee an opinion of counsel having expertise with respect to securities laws of the United States of America or expertise with respect to the issuance of indebtedness by states and political subdivisions thereof, that (i) this Section 2.03, as amended, would have complied with the requirements of Rule 15c2-12 at the time of the offering of the Authority Bonds, after taking into account any amendments or authoritative interpretations of the Rule 15c2-12, as well as any change in circumstances; and (ii) the amendment or change does not materially impair the interests of Holders, or (b) such change or amendment is approved by the vote or consent of Holders of a majority in outstanding principal amount of the Authority Bonds affected thereby at or prior to the time of such amendment or change. (k) This Section 2.03 shall remain in full force and effect until the earlier of (i) the Authority provides notice to the MSRB that the Governmental Agency is no longer an “obligated person” within the meaning of Rule 15c2-12 or (ii) all principal, redemption DR A F T Page 414 of 455 139095716.3 16 premiums, if any, and interest on the Authority Bonds shall have been paid in full or the Authority Bonds shall have otherwise been paid in full or legally defeased pursuant to Section 12.01 of the Bond Resolution. In the event of such payment or legal defeasance, the Authority shall promptly give written notice thereof to the Governmental Agency. (l) Any notices to or filing with the MSRB shall be effected in an electronic format accompanied by identifying information prescribed by the MSRB. ARTICLE III. LOAN TO GOVERNMENTAL AGENCY; AMOUNTS PAYABLE; GENERAL AGREEMENTS SECTION 3.01 The Loan. The Authority hereby agrees to loan and disburse to the Governmental Agency in accordance with Section 3.02 hereof, and the Governmental Agency agrees to borrow and accept from the Authority, the Loan in the principal amount equal to the loan commitment set forth in paragraph (3) of Exhibit B attached hereto and made a part hereof; provided, however, that (i) the Authority shall be under no obligation to make the Loan if the Governmental Agency does not deliver a Governmental Agency Bond to the Authority on the Loan Closing or an Event of Default has occurred and is continuing under the Bond Resolution or this Loan Agreement, and (ii) the proceeds of Authority Bonds shall be available for disbursement, as determined solely by the Authority, to finance the Cost of the Project. The Governmental Agency shall use the proceeds of the Loan strictly in accordance with Section 2.01(h) hereof, to finance the Cost of the Project. SECTION 3.02 Disbursement of Loan Proceeds. The Trustee, as the agent of the Authority, shall disburse the amounts on deposit in the Project Loan Subaccount to the Governmental Agency upon receipt of a requisition executed by an Authorized Officer thereof and approved by the Authority, and if deemed necessary by the Authority, approved by the Colorado Water Quality Control Division, in the form set forth in the Bond Resolution. The Authority covenants to direct the Trustee to provide all periodic written reports (as required by the provisions of the Bond Resolution) of all moneys on deposit under the Bond Resolution and to furnish such reports to the Governmental Agency as soon as practicable after receipt by the Authority. The Authority hereby agrees that in the event that moneys on deposit in the Project Loan Subaccount are lost due to the negligence or misconduct of the Trustee, the Authority on behalf of the Governmental Agency, shall, upon the written request of the Governmental Agency, pursue its remedies against the Trustee, including, but not limited to, equitable actions or actions for money damages. If there are moneys on deposit in the Project Loan Subaccount upon completion of the Project, the Governmental Agency shall advise the Authority in writing that no further requisitions are to be submitted to the Authority for disbursement of moneys from the Project Loan Subaccount. Upon receipt of such written advice, the Authority shall file with the Trustee the Certificate required by Section 5.03 of the Bond Resolution and use such moneys to redeem, purchase or provide for the DR A F T Page 415 of 455 139095716.3 17 payment of the Authority Bonds. The Authority shall credit ensuing Loan Repayments or portions thereof of the Governmental Agency chosen by the Authority as a result of the use of such to purchase, redeem or pay Authority Bonds. SECTION 3.03 Amounts Payable. (a) The Governmental Agency shall repay by electronic means the principal of and interest on the Loan in accordance with the schedule set forth on Exhibit C attached hereto and made a part hereof, as the same may be amended or modified, pursuant to Section 6.04 hereof. The Governmental Agency shall execute the Governmental Agency Bond to evidence the Loan and the obligations of the Governmental Agency under the Governmental Agency Bond shall be deemed to be amounts payable under this Section 3.03. Each portion of the Loan Repayment payable under this subsection (a), whether satisfied entirely through a direct payment by the Governmental Agency to the Loan Servicer or through a combination of a direct payment and the use of Allocable Investment Income as described in subsection (c) of this Section 3.03 to pay interest on the Authority Bonds (and to the extent moneys are available therefor, principal of the Authority Bonds), shall be deemed to be a credit against the corresponding obligation of the Governmental Agency under this subsection (a) and shall fulfill the Governmental Agency’s obligation to pay such amount hereunder and under the Governmental Agency Bond. Each payment made to the Loan Servicer pursuant to this subsection shall be applied first to interest then due and payable on the Loan, then to the principal of the Loan. (b) In addition to the amounts payable under subsection (a) of this Section 3.03, the Governmental Agency shall pay the Administrative Fee in the amounts and on the dates set forth in Exhibit C attached hereto and made a part hereof. Each payment made pursuant to this subsection (b) shall, for purposes of the Loan and the Governmental Agency Bond, be considered as interest on the principal amount thereof. (c) The Governmental Agency shall receive as a credit against each of its semiannual interest payment obligations set forth on Exhibit C attached hereto and made a part hereof (and, as applicable under the Bond Resolution, its annual principal obligations to the extent moneys are available therefor), (i) the amount of capitalized interest available to be applied against such obligations, as footnoted on such Exhibit C, and (ii) the amount of Allocable Investment Income, if any, to be credited against such obligations, as set forth in each billing statement to be mailed by the Loan Servicer to the Governmental Agency approximately thirty (30) days prior to each Loan Repayment due date. (d) In addition to the payments required by subsections (a) and (b) of this Section 3.03, the Governmental Agency shall pay a late charge for any payment that is received by the Loan Servicer later than the fifth (5th) day following its due date, in an amount equal to the greater of twelve percent (12%) per annum or the Prime Rate plus one half of one percent per annum on such late payment from its due date to when it is actually paid; provided, however, that the interest rate payable on the Loan including such late charge shall not be in excess of the maximum rate permitted by law as of the date hereof. DR A F T Page 416 of 455 139095716.3 18 (e) The Governmental Agency acknowledges that payment of the Authority Bonds by the Authority, including payment from moneys drawn by the Trustee from the 2024 Series A Matching Account, other than from the investment income thereon, does not constitute payment of the amounts due under this Loan Agreement or the Governmental Agency Bond. If at any time the amounts on deposit in the 2024 Series A Matching Account shall be less than the requirement of such Account, as the result of any transfer of moneys from the 2024 Series A Matching Account to the Debt Service Fund as the result of failure by the Governmental Agency to make any Loan Repayments required hereunder, the Governmental Agency agrees to (i) replenish such moneys so transferred, and (ii) replenish any deficiency arising from losses incurred in making such transfer as the result of the liquidation by the Authority of investment securities acquired as an investment of moneys in the 2024 Series A Matching Account, by making payments to the Authority in equal monthly installments for the lesser of six (6) months or the remaining term of the Loan at an interest rate to be determined by the Authority necessary to make up any loss caused by such deficiency. (f) Loan Repayments pursuant to this Section 3.03 shall be made by electronic means (either by bank wire transfer or by Automated Clearing House “ACH” transfer.) SECTION 3.04 Unconditional Obligations. The obligation of the Governmental Agency to make the Loan Repayments and all other payments required hereunder and the obligation to perform and observe the other duties, covenants, obligations and agreements on its part contained herein is payable solely from the Gross Revenue and shall be absolute and unconditional and shall not be abated, rebated, set-off, reduced, abrogated, terminated, waived, diminished, postponed or otherwise modified in any manner or to any extent whatsoever, while any payments under this Loan Agreement remain unpaid, regardless of any contingency, act of God, event or cause whatsoever, including (without limitation) any acts or circumstances that may constitute failure of consideration, eviction or constructive eviction, the taking by eminent domain or destruction of or damage to the Project or the System, commercial frustration of the purpose, any change in the laws of the United States of America or of the State of Colorado or any political subdivision of either or in the rules or regulations of any governmental authority, any failure of the Authority or the Trustee to perform and observe any agreement, whether express or implied, or any duty, liability or obligation arising out of or connected with the Project, this Loan Agreement or the Bond Resolution or any rights of set off, recoupment, abatement or counterclaim that the Governmental Agency might otherwise have against the Authority, the Trustee, the Loan Servicer or any other party or parties; provided, however, that payments hereunder shall not constitute a waiver of any such rights. The Governmental Agency shall not be obligated to make any payments required to be made by any other Governmental Agencies under separate Loan Agreements or the Bond Resolution. SECTION 3.05 Loan Agreement to Survive Bond Resolution and Authority Bonds. The Governmental Agency acknowledges that its duties, covenants, obligations and agreements hereunder shall survive the discharge of the Bond Resolution and payment of the principal of, redemption premium, if any, and interest on the Authority Bonds. The Authority acknowledges that all duties, covenants, obligations and agreements of the Governmental Agency shall (except as and to the extent preserved in subsection (e)(vi) of Section 2.02 hereof) terminate upon the date of payment of all amounts payable to the Authority hereunder. DR A F T Page 417 of 455 139095716.3 19 SECTION 3.06 Disclaimer of Warranties and Indemnification. The Governmental Agency acknowledges and agrees that (i) neither the Authority nor the Trustee makes any warranty or representation, either express or implied, as to the value, design, condition, merchantability or fitness for particular purpose or fitness for any use of the System or the Project or any portions thereof or any other warranty or representation with respect thereto; (ii) except as provided herein, in no event shall the Authority or the Trustee or their respective agents be liable or responsible for any direct, incidental, indirect, special or consequential damages in connection with or arising out of this Loan Agreement or the Project or the existence, furnishing, functioning or use of the System or the Project or any item or products or services provided for in this Loan Agreement; and (iii) to the extent authorized by law, the Governmental Agency shall to the extent permitted by law, indemnify, save and hold harmless the Authority against any and all claims, damages, liability and court awards including costs, expenses and attorney fees incurred as a result of any act or omission by the Governmental Agency, or its employees, agents or subcontractors pursuant to the terms of this Loan Agreement, provided however that the provisions of this clause (iii) are not intended to and shall not be construed as a waiver of any defense or limitation on damages provided for under and pursuant to the Colorado Governmental Immunity Act (Section 24-10-101, et seq., C.R.S.), or under the laws of the United States or other laws of the State of Colorado. SECTION 3.07 Limited Recourse. No recourse shall be had for the payment of the principal of or interest on the Governmental Agency Bond or for any claim based thereon or upon any obligation, covenant or agreement contained in this Loan Agreement against any past, present or future officer, employee or agent of the Governmental Agency, or of any successor public corporation, as such, either directly or through the Governmental Agency or any successor public corporation, under any rule of law or equity, statute or constitution or by the enforcement of any assessment or penalty or otherwise, and all such liability of any such officers, employees or agents as such is hereby expressly waived and released as a condition of and consideration for the Governmental Agency’s execution of this Loan Agreement and the issuance of the Governmental Agency Bond. SECTION 3.08 Option to Prepay Loan Repayments. Subject in all instances to the prior written approval of the Authority and satisfaction of the requirements, if any, of the Bond Resolution relating to Loan prepayments, the Governmental Agency may prepay the principal portion of the Loan Repayments set forth in Exhibit C, in whole or in part (but if in part, in the amount of $100,000 or any integral multiple of $100,000), upon prior written notice not less than ninety (90) days in addition to the number of days advance notice to the Trustee required for any optional or special redemption of the Authority Bonds, to the Authority and the Trustee and upon payment by the Governmental Agency to the Trustee of the principal amount of the Loan Repayments to be prepaid, plus the interest to accrue on such amount to the date of the next succeeding optional redemption of the Authority Bonds allocable to such Loan Repayment to be prepaid; provided, however, that (i) if the Governmental Agency proposes to prepay in full the Loan Repayments set forth in Exhibit C, such prepayment shall be conditioned upon the simultaneous prepayment in full of all Administrative Fees due to and including the date of such redemption plus one year after the date of such redemption or (ii) if the Governmental Agency proposes to prepay any portion of the Loan Repayments set forth in Exhibit C, such prepayment shall be conditioned upon the simultaneous prepayment of such portion of the Administrative Fees due to and including the date of such redemption plus one year after the date of such redemption, DR A F T Page 418 of 455 139095716.3 20 as shall be determined by the Authority. In addition, if at the time of such prepayment, the Authority Bonds may only be redeemed at the option of the Authority upon payment of a redemption premium, the Governmental Agency shall add to its prepayment an amount, as determined by the Authority, equal to such redemption premium allocable to such Authority Bonds to be redeemed as a result of the Governmental Agency’s prepayment. Prepayments shall be applied first to accrued interest on the portion of the Loan to be prepaid and then to the payment of Administrative Fees and then to principal payments (including redemption premium, if any) on the Loan in inverse order of Loan Repayments. The Governmental Agency, in the sole discretion of the Authority, and upon terms and conditions satisfactory to the Authority, may provide for the prepayment in full of the Loan Repayments by depositing with the Authority an amount which, when added to the investment income to be derived from such amount to be deposited with the Authority, shall provide for the full payment of all such Loan Repayments in the manner provided in this Section 3.08. Any amounts so deposited with the Authority shall be invested solely in direct obligations of the United States of America. SECTION 3.09 Source of Payment of Governmental Agency’s Obligations. The Authority and the Governmental Agency agree that the amounts payable by the Governmental Agency under this Loan Agreement, including, without limitation, the amounts payable by the Governmental Agency pursuant to Section 3.03, Section 3.06, Section 3.08 and Section 5.04 of this Loan Agreement are payable solely from the Gross Revenue and are not payable from any other source whatsoever. Nothing herein shall be deemed to prevent the Governmental Agency from paying the amounts payable under this Loan Agreement from any other legally available source. SECTION 3.10 Delivery of Documents. Concurrently with the execution and delivery of this Loan Agreement, the Governmental Agency will cause to be delivered to the Authority each of the following items: (a) opinions of the Governmental Agency’s counsel substantially in the form set forth in Exhibit E-1 and E-2 hereto (such opinion may be given by one or more counsel); provided, however, that the Authority may permit variances in such opinion from the form or substance of such Exhibit E if such variances are not to the material detriment of the interests of the holders of the Authority Bonds; (b) executed counterparts of this Loan Agreement; (c) copies of the resolutions of the governing body of the Governmental Agency authorizing the execution and delivery of this Loan Agreement and Governmental Agency Bond, certified by an Authorized Officer of the Governmental Agency; and (d) such other certificates, documents, opinions and information as the Authority may require. Concurrently with the delivery at the Loan Closing of this Loan Agreement, the Governmental Agency shall also deliver its Governmental Agency Bond to the Authority upon the receipt of a written certification of the Authority that the moneys to be deposited in the Project Loan DR A F T Page 419 of 455 139095716.3 21 Subaccount to fund the Loan shall be so deposited simultaneously with the delivery of the Governmental Agency Bond. ARTICLE IV. ASSIGNMENT SECTION 4.01 Assignment and Transfer by Authority. (a) The Governmental Agency expressly acknowledges that, other than Administrative Fees payable pursuant to subsection (b) of Section 3.03 and the right, title and interest of the Authority under Sections 3.06, 5.04 and 5.07, all right, title and interest of the Authority in, to and under this Loan Agreement and the Governmental Agency Bond has been assigned to the Trustee as security for the Authority Bonds, as applicable, as provided in the Bond Resolution, and that if any Event of Default shall occur, the Trustee, pursuant to the Bond Resolution, shall be entitled to act hereunder in the place and stead of the Authority. The Governmental Agency hereby acknowledges the requirements of the Bond Resolution applicable to the Authority Bonds and consents to such assignment and appointment. The Authority shall retain the right to compel or otherwise enforce observance and performance by the Governmental Agency of its duties, covenants, obligations and agreements under subsection (b) of Section 3.03 to pay Administrative Fees and under Section 3.06 and Section 5.04. (b) The Governmental Agency hereby approves and consents to any assignment or transfer of this Loan Agreement and the Governmental Agency Bond that the Authority deems to be necessary in connection with any refunding of the Authority Bonds or the issuance of additional bonds under the Bond Resolution or otherwise, in connection with the drinking water revolving fund pooled loan program of the Authority. SECTION 4.02 Assignment by Governmental Agency. Neither this Loan Agreement nor the Governmental Agency Bond may be assigned by the Governmental Agency for any reason, unless the following conditions shall be satisfied: (i) the Authority and the Trustee shall have approved said assignment in writing; (ii) the assignee shall be a governmental unit within the meaning of Section 141(c) of the Code and the assignee shall have expressly assumed in writing the full and faithful observance and performance of the Governmental Agency’s duties, covenants, agreements and obligations under the Loan Agreement; (iii) immediately after such assignment, the assignee shall not be in default in the performance or observance of any duties, covenants, obligations or agreements of the Governmental Agency under the Loan Agreement; and (iv) the Authority shall receive an opinion of counsel to the effect that such assignment will not violate the provisions of the Bond Resolution or any agreement entered into by the Authority with, or condition of any grant received by the Authority from, the United States of America relating to the Federal Capitalization Agreement or any capitalization grant received by the Authority or the State under the federal Safe Drinking Water Act of 1996, as amended. No assignment shall relieve the Governmental Agency from primary liability for any of its obligations under this Loan Agreement and in the event of such assignment, the Governmental DR A F T Page 420 of 455 139095716.3 22 Agency shall continue to remain primarily liable for the performance and observance of its obligations to be performed and observed under this Loan Agreement. ARTICLE V. DEFAULTS AND REMEDIES SECTION 5.01 Event of Default. If any of the following events occurs, it is hereby defined as and declared to be and to constitute an “Event of Default”: (a) failure by the Governmental Agency to pay, or cause to be paid, any Loan Repayment set forth in Schedule C, required to be paid hereunder when due, which failure shall continue for a period of ten (10) days; (b) failure by the Governmental Agency to make, or cause to be made, any required payments of principal of, redemption premium, if any, and interest on any bonds, notes or other obligations of the Governmental Agency for borrowed money (other than the Loan and the Governmental Agency Bond), after giving effect to the applicable grace period, the payments of which are secured by the Pledged Property; (c) failure by the Governmental Agency to pay, or cause to be paid, the Administrative Fee or any portion thereof when due or to observe and perform any duty, covenant, obligation or agreement on its part to be observed or performed under this Loan Agreement, other than as referred to in paragraph (a) of this Section 5.01 and other than a failure to comply with the provisions of Section 2.03 hereof, which failure shall continue for a period of thirty (30) days after written notice, specifying such failure and requesting that it be remedied, is given to the Governmental Agency by the Trustee, unless the Trustee shall agree in writing to an extension of such time prior to its expiration; provided, however, that if the failure stated in such notice is correctable but cannot be corrected within the applicable period the Trustee may not unreasonably withhold its consent to an extension of such time up to sixty (60) days from the delivery of the written notice referred to above if corrective action is instituted by the Governmental Agency within the applicable period and diligently pursued until the Event of Default is corrected; (d) a petition is filed by or against the Governmental Agency under any federal or state bankruptcy or insolvency law or other similar law in effect on the date of this Loan Agreement or thereafter enacted, unless in the case of any such petition filed against the Governmental Agency such petition shall be dismissed within thirty (30) days after such filing and such dismissal shall be final and not subject to appeal; or the Governmental Agency shall become insolvent or bankrupt or make an assignment for the benefit of its creditors; or a custodian (including, without limitation, a receiver, liquidator or trustee of the Governmental Agency or any of its property) shall be appointed by court order to take possession of the Governmental Agency or its property or assets if such order remains in effect or such possession continues for more than thirty (30) days. SECTION 5.02 Notice of Default. The Governmental Agency shall give the Trustee and the Authority prompt telephonic notice of the occurrence of any Event of Default DR A F T Page 421 of 455 139095716.3 23 referred to in Section 5.01(d) hereof, and of the occurrence of any other event or condition that constitutes an Event of Default at such time as any senior administrative or financial officer of the Governmental Agency becomes aware of the existence thereof. Any telephonic notice pursuant to this Section 5.02 shall be confirmed in writing by the end of the next Business Day (as defined in the Bond Resolution). SECTION 5.03 Remedies on Default. Whenever an Event of Default referred to in Section 5.01 hereof shall have occurred and be continuing, the Authority shall have the right to take or to direct the Trustee to take any action permitted or required pursuant to the Loan Agreement and to take whatever other action at law or in equity may appear necessary or desirable to collect the amounts then due and thereafter to become due hereunder or to enforce the performance and observance of any duty, covenant, obligation or agreement of the Governmental Agency hereunder, including, without limitation, to obtain ex parte the appointment of a receiver of the System. SECTION 5.04 Attorney’s Fees and Other Expenses. The Governmental Agency shall on demand pay to the Authority or the Trustee the reasonable fees and expenses of attorneys and other reasonable fees and expenses (including without limitation the reasonably allocated costs of in-house counsel and legal staff) incurred by either of them in the collection of Loan Repayments or any other sum due hereunder or in the enforcement of performance or observation of any other duties, covenants, obligations or agreements of the Governmental Agency. SECTION 5.05 Application of Moneys. Any moneys collected by the Authority or the Trustee pursuant to Section 5.03 hereof shall be applied (a) first, to pay any attorney’s fees or other fees and expenses owed by the Governmental Agency pursuant to Section 5.04 hereof, (b) second, to pay interest due and payable on the Loan, (c) third, to pay principal due and payable on the Loan, (d) fourth, to pay any other amounts due and payable under this Loan Agreement; and (e) fifth, to pay interest and principal on the Loan and other amounts payable hereunder as such amounts become due and payable. SECTION 5.06 No Remedy Exclusive; Waiver; Notice. No remedy herein conferred upon or reserved to the Authority or the Trustee is intended to be exclusive and every such remedy shall be cumulative and shall be in addition to every other remedy given under this Loan Agreement or now or hereafter existing at law or in equity. No delay or omission to exercise any right, remedy or power accruing upon any Event of Default shall impair any such right, remedy or power or shall be construed to be a waiver thereof, but any such right, remedy or power may be exercised from time to time and as often as may be deemed expedient. In order to entitle the Authority or the Trustee to exercise any remedy reserved to it in this Article, it shall not be necessary to give any notice, other than such notice as may be required in this Article V. SECTION 5.07 Retention of Authority’s Rights. Notwithstanding any assignment or transfer of this Loan Agreement pursuant to the provisions hereof or of the Bond Resolution, or anything else to the contrary contained herein, the Authority shall have the right upon the occurrence of an Event of Default to take any action, including (without limitation) bringing an action against the Governmental Agency at law or in equity, as the Authority may, in DR A F T Page 422 of 455 139095716.3 24 its discretion, deem necessary to enforce the obligations of the Governmental Agency to the Authority pursuant to Section 3.03, Section 3.06 and Section 5.04 hereof. SECTION 5.08 Default by the Authority. In the event of any default by the Authority under any duty, covenant, agreement or obligation of this Loan Agreement, the Governmental Agency’s remedy for such default shall be limited to injunction, special action, action for specific performance or any other available equitable remedy designed to enforce the performance or observance of any duty, covenant, obligation or agreement of the Authority hereunder as may be necessary or appropriate. The Authority shall on demand pay to the Governmental Agency the reasonable fees and expenses of attorneys and other reasonable expenses in the enforcement of such performance or observation. ARTICLE VI. MISCELLANEOUS SECTION 6.01 Notices. Any notice, demand, or request required or authorized by this Agreement to be given to another notice recipient listed below, or in Exhibit B in the case of the Governmental Agency (including overnight delivery service) to each of the notice recipients and addresses below or in Exhibit B for the receiving notice recipient. Any such notice, demand, or request shall be deemed to be given (i) when sent by email transmission, or (ii) when actually received if delivered by courier or personal delivery (including overnight delivery service). Each addressee listed below ad the Governmental Agency shall have the right, upon 10 days’ prior written notice to the other notice recipient, to change its list of notice recipients and addresses listed below or in Exhibit A in the case of the Governmental Agency. The notice recipients below and the Governmental Agency may mutually agree in writing at any time to deliver notices, demands or requests through alternate or additional methods, such as electronic: (a) Authority: Colorado Water Resources and Power Development Authority 1580 Logan Street, Suite 620 Denver, Colorado 80203 Attention: Executive Director Email Address: kmclaughlin@cwrpda.com (b) Trustee: U.S. Bank Trust Company, National Association Denver Tower 950 17th Street Denver, Colorado 80202 Attention: Corporate Trust Services Email Address: jennifer.petruno@usbank.com (c) Loan Servicer: U.S. Bank Trust Company, National Association. Denver Tower 950 17th Street DR A F T Page 423 of 455 139095716.3 25 Denver, Colorado 80202 Attention: Corporate Trust Services Email Address: jennifer.petruno@usbank.com Any electronically signed document shall be deemed (i) to be “written” or “in writing,” (ii) to have been signed, and (iii) to constitute a record established and maintained in the ordinary course of business and an original written record when printed from electronic files. For purposes hereof, “electronic signature” means a manually signed original signature that is then transmitted by electronic means; “transmitted by electronic means” means sent in the form of a facsimile or sent via the Internet as a pdf (portable document format) or other replicating image attached to an e mail message; and, “electronically signed document” means a document transmitted by electronic means and containing, or to which there is affixed, an electronic signature. Paper copies or “printouts”, if introduced as evidence in any judicial, arbitral, mediation or administrative proceeding, will be admissible as between the parties to the same extent and under the same conditions as other original business records created and maintained in documentary form. SECTION 6.02 Binding Effect. This Loan Agreement shall inure to the benefit of and shall be binding upon the Authority and the Governmental Agency and their respective successors and assigns. SECTION 6.03 Severability. In the event any provision of this Loan Agreement shall be held illegal, invalid or unenforceable by any court of competent jurisdiction, such holding shall not invalidate, render unenforceable or otherwise affect any other provision hereof. SECTION 6.04 Amendments, Supplements and Modifications. This Loan Agreement may not be amended, supplemented or modified without the prior written consent of the Authority and the Governmental Agency. SECTION 6.05 Execution in Counterparts. This Loan Agreement may be executed in several counterparts, each of which shall be an original and all of which shall constitute but one and the same instrument. SECTION 6.06 Applicable Law and Venue. This Loan Agreement shall be governed by and construed in accordance with the laws of the State of Colorado, including the Act. Venue for any action seeking to interpret or enforce the provisions of this Loan Agreement shall be in the Denver District Court. SECTION 6.07 Consents and Approvals. Whenever the written consent or approval of the Authority shall be required under the provisions of this Loan Agreement, such consent or approval may only be given by the Authority unless otherwise provided by law or by rules, regulations or resolutions of the Authority or unless expressly delegated to the Trustee. SECTION 6.08 Captions. The captions or headings in this Loan Agreement are for convenience only and shall not in any way define, limit or describe the scope or intent of any provisions or sections of this Loan Agreement. DR A F T Page 424 of 455 139095716.3 26 SECTION 6.09 Compliance with Bond Resolution. The Governmental Agency covenants and agrees to take such action as the Authority shall reasonably request so as to enable the Authority to observe and comply with, all duties, covenants, obligations and agreements contained in the Bond Resolution insofar as such duties, covenants, obligations and agreements relate to the obligations of the Governmental Agency under this Loan Agreement. SECTION 6.10 Further Assurances. The Governmental Agency shall, at the request of the Authority, authorize, execute, acknowledge and deliver such further resolutions, conveyances, transfers, assurances, financing statements and other instruments as may be necessary or desirable for better assuring, conveying, granting, assigning and confirming the rights and agreements granted or intended to be granted by this Loan Agreement and the Governmental Agency Bond. SECTION 6.11 Recital. This Loan Agreement is authorized pursuant to and in accordance with the Constitution of the State of Colorado and all other laws of the State of Colorado thereunto enabling. Specifically, but not by way of limitation, this Loan Agreement is authorized by the Governmental Agency pursuant to its home rule charter, Title 31, Article 35, Part 4, C.R.S., Title 37, Article 45.1, C.R.S. and Title 11, Article 57, Part 2, C.R.S and shall so recite in the Governmental Agency Bond. Such recitals shall conclusively impart full compliance with all provisions and limitations of such laws and shall be conclusive evidence of the validity and regularity of the issuance of the Governmental Agency Bond, and the Governmental Agency Bond delivered by the Governmental Agency to the Authority containing such recital shall be incontestable for any cause whatsoever after its delivery for value. DR A F T Page 425 of 455 139095716.3 27 IN WITNESS WHEREOF, the Authority and the Governmental Agency have caused this Loan Agreement to be executed, and delivered, as of the Loan Closing. COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY By: Executive Director (SEAL) CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE By: Mayor ATTEST: City Clerk DR A F T Page 426 of 455 A-3 EXHIBIT A ENGLEWOOD DESCRIPTION (1) Description of the Project The project consists of identifying and replacing lead service lines (LSL), to include both the public and private portions of the identified lead service lines, in accordance with the Bipartisan Infrastructure Law requirements. (2) Description of System “System” shall mean all of the Governmental Agency’s water facilities and properties now owned or hereafter acquired, whether situated within or without the geographical boundaries of the Governmental Agency, including all present or future improvements, extensions, enlargements, betterments, replacements or additions thereof or thereto. (3) Pledged Property The Pledged Property shall consist of Net Revenue, as defined below: “Capital Improvements” means the acquisition of water and water rights, land, easements, facilities and equipment (other than ordinary repairs and replacements) and the construction or reconstruction of improvements, betterments and extensions for use by or in connection with the System which, under GAAP, are properly chargeable as capital items. “GAAP” means generally accepted accounting principles for U.S. state and local governments, as established by the Government Accounting Standards Board (or any successor entity with responsibility for establishing accounting rules for governmental entities), in effect from time to time in the United States of America. “Gross Revenues” means all income and revenues directly or indirectly derived by the Governmental Agency from the operation and use of, and otherwise pertaining to, the System or any part thereof whether resulting from repairs, enlargements, extensions, betterments or other improvements to the System, or otherwise, including all fees, rates DR A F T Page 427 of 455 A-3 and other charges for the use of the System, or for any service rendered in connection with the System in its operations, directly or indirectly, the availability of any such service, or the sale or other disposal of any commodities derived therefrom, and all income or gain from the investment of such income and revenues, but excluding (a) any refund of fees, rates and other charges for the use of the System, (b) any moneys received as grants, appropriations or gifts from the federal government, the State or other sources, the use of which is limited or restricted by the grantor or donor to the acquisition or construction of Capital Improvements or for other purposes resulting in the general unavailability thereof, except to the extent any such moneys shall be received as payments for the use of the System, services rendered thereby, the availability of any such service, or the disposal of any commodities therefrom, (c) any moneys deposited by third parties which are held in any escrow for extensions, modifications, or upgrading of the System and the use of which is limited or restricted to the construction of Capital Improvements, (d) any moneys borrowed for, or special assessments imposed in connection with, the acquisition and construction of Capital Improvements, and (e) any moneys and securities, and interest and other gain from investment of such money and from such securities in any refunding fund or escrow account or similar account pledged to the payment of any bonds or other obligations therein specified. “Net Revenues” means the Gross Revenues remaining after the payment of Operation and Maintenance Expenses. “Operation and Maintenance Expenses” means all reasonable and necessary current expenses of the Governmental Agency, paid or accrued, for operating, maintaining and repairing the System, including, without limitation, legal and overhead expenses of the Governmental Agency directly related to the administration of the System; provided, however, that there shall be excluded from Operation and Maintenance Expenses (a) any allowance or transfers for depreciation, (b) any costs of improvement, extension or betterment that qualify as Capital Improvements or are incurred in connection therewith, and (c) payments due in connection with any bonds, notes, loans or other multiple fiscal year obligations issued or incurred to provide Capital Improvements or to refund obligations. For purposes of the above definition expenses shall, to the extent possible, be determined in accordance with GAAP. (4) Lien Representation The Pledged Property will be free and clear of any pledge, lien, charge, or encumbrance thereon, or with respect thereto, which is prior to the obligation of the Governmental Agency to pay this Loan Agreement and the Governmental Agency Bond, and all corporate or other action on the part of the Governmental Agency to that end has been, and will be, DR A F T Page 428 of 455 A-3 duly and validly taken. Except for the revenue bond evidencing the loan (WIFIA ID - 20113CO) from the United States Environmental Protection Agency to the Government Agency pursuant to the WIFIA Loan Agreement dated May 26, 2022 which has a lien on the Pledged Property on a parity with the Loan Agreement and the Governmental Agency Bond, as of the date of this Loan Agreement, there are no outstanding bonds, notes, or evidences of indebtedness, or contractual obligations, payable from the Pledged Property with a lien on the Pledged Property that is prior to or on parity with the lien of the Loan Agreement and Government Agency Bond on the Pledged Property. Except as permitted by the terms of this Loan Agreement, the Governmental Agency shall not issue any bonds, notes, or other evidences of indebtedness of a similar nature, payable out of, or secured by, a pledge, lien, or assignment on the Pledged Property, or create a lien or charge thereon. (5) Rate Covenant During the Loan Term, the Governmental Agency shall establish and collect such rates and charges for the use or the sale of the products and services of the System as, together with other moneys available therefor, are expected to produce Gross Revenue (as defined in Paragraph (3) of this Exhibit A to this Loan Agreement) for each calendar year that will be at least sufficient for such calendar year to pay the sum of: (a) all amounts estimated to be required to pay Operation and Maintenance Expenses (as defined in paragraph (3) of this Exhibit A of this Loan Agreement) during such calendar year; (b) 110% of the debt service coming due during the calendar year on: (i) the Governmental Agency Bond, and (ii) any other obligations secured by a lien on the Pledged Property which lien is on a parity with the lien of this Loan Agreement on the Pledged Property, in each case computed as of the beginning of such calendar year (except to the extent the Governmental Agency has by binding resolution committed reserves to the payment of such debt service); (c) the amount, if any, to be paid during such calendar year into any debt service reserve account in connection with any obligations secured by a lien on the Pledged Property which lien is on a parity with the lien of this Loan Agreement on the Pledged Property; (d) all debt service coming due during the calendar year on any obligations secured by a lien on the Pledged Property which lien is subordinate to the lien of this Loan Agreement on the Pledged Property computed as of the beginning of such calendar DR A F T Page 429 of 455 A-3 year; and (e) amounts necessary to pay and discharge all charges and liens or other indebtedness not described above payable out of the Gross Revenue during such calendar year. Notwithstanding anything contained above, amounts deposited in a rate stabilization account shall not be deemed Gross Revenue (as defined in Paragraph (3) of this Exhibit A to this Loan Agreement) in the calendar year deposited and amounts withdrawn from the rate stabilization account shall be deemed Gross Revenue (as defined in Paragraph (3) of this Exhibit A to this Loan Agreement) in the year withdrawn. DR A F T Page 430 of 455 B-1 EXHIBIT B DESCRIPTION OF THE LOAN 1. Address of Governmental Agency: City of Englewood, Colorado, Acting By and Through Its Water Utility Enterprise 1000 Englewood Parkway Englewood, CO 80110 Attention: Email Address: 2. Cost of Project: Approximately $40,000,000 3. Principal Amount of Loan Commitment: $22,448,980 [This is the bond funded loan. Actual loan amount will be adjusted after the sale of the bonds] 4. Loan Term: The date commencing on the Loan Closing and ending on the final Loan Repayment date set forth in Exhibit C. 5. Description of the Project: See Exhibit A, 1. 6. Authorized Officer(s): as established in the authorizing Ordinance, authorized officers and representatives as identified in Exhibit B to the Loan Agreements shall be Tim Hoos, Deputy Director – Engineering and Asset Management, Brittany Payton, Business Support Specialist, Kevin Engels, Director of Finance and Christine Hart, Accounting Supervisor. 7. Project Completion Date: _________ DR A F T Page 431 of 455 139095716.3 C-1 EXHIBIT C LOAN REPAYMENT SCHEDULE DR A F T Page 432 of 455 139095716.3 D-1 EXHIBIT D GOVERNMENTAL AGENCY BOND FOR VALUE RECEIVED, the undersigned, CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE (the “Governmental Agency”) hereby promises to pay to the COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY (the “Authority”), or registered assigns, the principal amount of _________________________ Dollars ($______________), at the times and in the amounts determined as provided in the Loan Agreement dated as of May 1, 2024, by and between the Authority and the Governmental Agency (the “Loan Agreement”), together with interest thereon in the amount calculated as provided in the Loan Agreement, payable on the dates and in the amounts determined as provided in the Loan Agreement. This Governmental Agency Bond is issued pursuant to the Loan Agreement and is issued in consideration of the loan made thereunder (the “Loan”) and to evidence the obligations of the Governmental Agency thereunder to make the Loan Repayments (as defined in the Loan Agreement). This Governmental Agency Bond has been assigned to U.S. Bank Trust Company, National Association, as trustee (the “Trustee”) under the Bond Resolution (as defined in the Loan Agreement) and payments hereunder shall, except as otherwise provided in the Loan Agreement, be made directly to the Loan Servicer (as defined in the Bond Resolution) for the account of the Authority pursuant to such assignment. Such assignment has been made as security for the payment of the Authority Bonds (as defined in the Bond Resolution) issued to finance or refinance, and in connection with, the Loan and as otherwise described in the Loan Agreement. All of the terms, conditions and provisions of the Loan Agreement are, by this reference thereto, incorporated herein as a part of this Governmental Agency Bond. This Governmental Agency Bond is entitled to the benefits and is subject to the conditions of the Loan Agreement. The obligations of the Governmental Agency to make the payments required hereunder shall be absolute and unconditional without any defense or right of setoff, counterclaim or recoupment by reason of any default by the Authority under the Loan Agreement or under any other agreement between the Governmental Agency and the Authority or out of any indebtedness or liability at any time owing to the Governmental Agency by the Authority or for any other reason. This Governmental Agency Bond is subject to optional prepayment under the terms and conditions, and in the amounts provided in Section 3.08 of the Loan Agreement. The obligation of the Governmental Agency to make payments under the Loan Agreement and this Governmental Agency Bond is a special and limited obligation of the Government Agency and is payable solely from the repayment source described in the Loan Agreement and the obligation of the Governmental Agency to pay the Loan Repayments is secured by an irrevocable pledge and lien (but not necessarily an exclusive lien) upon the Pledged Property (as defined in paragraph 3. of Exhibit A of the Loan Agreement). This Governmental Agency Bond does not constitute a debt or an indebtedness of the Governmental Agency within the meaning of any constitutional, charter or statutory provision or limitation. This Governmental Agency Bond is not payable in whole or in part from the proceeds of general property taxes, and the full faith and credit DR A F T Page 433 of 455 139095716.3 D-2 of the Governmental Agency is not pledged for the payment of the principal of or interest on this Governmental Agency Bond. This Governmental Agency Bond is issued under the authority of and in full conformity with the Constitution and laws of the State of Colorado including, without limitation, Article X, Section 20 of the Constitution, the Home Rule Charter of the Government Agency, Title 31, Article 35, part 4, Title 37, Article 45.1, Part 1, C.R.S., and certain provisions of Title 11, Article 57, Part 2, Colorado Revised Statutes, and pursuant to the Loan Agreement. Pursuant to §11-57-210, Colorado Revised Statutes, such recital shall be conclusive evidence of the validity and regularity of the issuance of the Governmental Agency Bond after its delivery for value. This Governmental Agency Bond shall be incontestable for any cause whatsoever after its delivery for value. IN WITNESS WHEREOF, the Governmental Agency has caused this Governmental Agency Bond to be duly executed, sealed and delivered, as of the____ day of May, 2024. (SEAL) CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE By: Mayor ATTEST: City Clerk DR A F T Page 434 of 455 139095716.3 E-1-1 EXHIBIT E-1 OPINION OF GOVERNMENTAL AGENCY COUNSEL [LETTERHEAD OF COUNSEL TO GOVERNMENTAL AGENCY] (Date of Closing – tentatively scheduled for May 23, 2024) Colorado Water Resources and Power Development Authority U.S. Bank Trust Company, National Association as Trustee _________________________, as Representative of the Underwriters To Whom it May Concern: I am an attorney admitted to practice in the State of Colorado and I have acted as City Attorney to CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE (the "Governmental Agency"), which intends to enter into a Loan Agreement (as hereinafter defined) with the COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY (the "Authority"). This correspondence shall serve the legal opinion of the counsel to the Government Agency required in connection with Section 3.10 of the Loan Agreement. In my role as City Attorney, I have examined, or caused to be examined, the Constitution and laws of the State of Colorado and the home rule charter and proceedings of the Governmental Agency. I have also examined originals, or copies certified, or otherwise identified to my satisfaction, including representations of the Government Agency’s Finance Director, Kevin Engels, the following: 1. The Loan Agreement, dated as of May 1, 2024 (the "Loan Agreement") by and between the Authority and the Governmental Agency; 2. The proceedings of the governing body of the Governmental Agency relating to the approval of the Loan Agreement and the execution, issuance, and delivery thereof on behalf of the Governmental Agency, and the authorization of the undertaking and completion of the Project (as defined in the Loan Agreement); 3. The Governmental Agency Bond, dated as of May 23, 2024 (the "Governmental Agency Bond") issued by the Governmental Agency to the Authority to evidence the Loan (as defined in the Loan Agreement); DR A F T Page 435 of 455 139095716.3 E-1-2 4. The proceedings of the governing body of the Governmental Agency relating to the issuance of the Governmental Agency Bond and the execution, issuance, and delivery thereof to the Authority (the Loan Agreement and the Governmental Agency Bond are referred to herein collectively as the "Loan Documents"); and 5. All outstanding instruments relating to the bonds, notes or other indebtedness of or relating to the Governmental Agency. Based upon the foregoing, I am of the opinion that: 1. The Governmental Agency is a "governmental agency" within the meaning of the Authority's enabling legislation and is an enterprise of the City of Englewood, Colorado, with the legal right to carry on the business of the System (as defined in the Loan Agreement) as currently being conducted and as proposed to be conducted. 2. The Governmental Agency has full legal right and authority to execute the Loan Documents and to observe and perform its duties, covenants, obligations, and agreements thereunder and to undertake and complete the Project; subject, however, to the effect of, restrictions and limitations imposed by or resulting from, bankruptcy, insolvency, moratorium, reorganization, debt adjustment or other similar laws affecting creditors’ rights generally (Creditor’s Rights Limitations) heretofore or hereafter enacted. 3. The Governmental Agency has pledged net revenues from its municipal water system for the collection, treatment, and disbursement of water (the “Water System”) for the punctual payment of the principal of and interest on the Loan (as defined in the Loan Agreement), and all other amounts due under the Loan Documents according to their respective terms and the Authority has a first lien but not necessarily an exclusive first lien on such source of repayment. No filings or recordings are required under the Colorado Uniform Commercial Code in order to provide a first lien on such source of repayment and all actions have been taken as required under Colorado law to ensure the priority, validity, and enforceability of such lien. 4. The Loan Documents have been duly authorized, executed, and delivered by the authorized officers of the Governmental Agency; and, assuming in the case of the Loan Agreement, that the Authority has all the requisite power and authority to authorize, execute and deliver, and has duly authorized, executed, and delivered the Loan Agreement, the Loan Documents constitute the legal, valid and binding obligations of the Governmental Agency enforceable in accordance with their respective terms. 5. The execution and delivery of the Loan Documents are not subject to the limitations of Article X, Section 20 of the Colorado Constitution (“TABOR”) because the Governmental Agency constitutes an enterprise under TABOR as of the date hereof. The performance of the obligations of the Governmental Agency under the Loan Documents is not subject to the limitations of TABOR as long as the Governmental Agency continues to qualify as an enterprise under TABOR. If the Governmental Agency ceases to qualify as an enterprise under TABOR, the Loan Documents will continue to constitute legal, valid and binding obligations of the Governmental Agency enforceable in accordance with their respective terms subject to DR A F T Page 436 of 455 139095716.3 E-1-3 the revenue and spending limitations of TABOR; provided, however, that if the Governmental Agency at any time ceases to qualify as an enterprise under TABOR, (a) the Governmental Agency may impose any increased fees, rates and charges of the System without voter approval; (b) all revenues of the Governmental Agency used to pay Loan Repayments by the Governmental Agency are to be included in the Governmental Agency’s fiscal year spending limit under Section 7(d) of TABOR, except that creation of bonded debt increases fiscal year spending by the amount of debt service so funded and debt service changes and reductions are exceptions to, and not part of, the Governmental Agency’s revenue and spending base and limits; and (c) if the Governmental Agency is required to reduce spending in order to comply with its fiscal year spending limit under Section 7(b) of TABOR, the Governmental Agency will first be required to reduce spending for purposes for which it does not have an obligation under law or by contract prior to reducing spending required to comply with the other covenants contained in the Loan Documents. The opinions expressed in this opinion letter are subject to the following: • The obligations of the Governmental Agency pursuant to the Loan Documents are subject to the application of equitable principles, to the reasonable exercise in the future by the State of Colorado and its governmental bodies of the police power inherent in the sovereignty of the State of Colorado, and to the exercise by the United States of America of the powers delegated to it by the Federal Constitution, including without limitation, bankruptcy powers. • No opinion is expressed herein regarding the validity or enforceability of Section 3.06 of the Loan Agreement or any other provision thereof which purports to require the Governmental Agency to indemnify or hold any person harmless. • This opinion letter pertains only to matters set forth herein, and I am not passing upon the accuracy, adequacy, or completeness of any statements made in connection with any offer or sale of the Authority Bonds, the Governmental Agency Bond, or any other security, or upon any federal or state tax consequences arising from the receipt or accrual of interest on or the ownership or disposition thereof, except those specifically addressed herein. This opinion letter is rendered on the basis of Federal law and the laws of the State of Colorado as enacted and construed on the date hereof. This opinion letter is issued as of the date hereof and I assume no obligation to revise or supplement this opinion letter to reflect any facts or circumstances that may hereafter come to our attention or changes in law that may hereafter occur. Please be advised that I have represented only the Governmental Agency in this matter, and no attorney-client relationship is established with any other party through the delivery of this letter. I authorize Norton Rose Fulbright US LLP, Bond Counsel to the Authority, and Carlson, Hammond & Paddock L.L.C., General Counsel to the Authority, to rely on this opinion as if I had addressed this opinion to them in addition to you. This opinion letter is furnished to you solely for your information and benefit in connection with the initial execution and delivery of the Loan Documents and may not be relied upon by you for any other purpose or relied upon by any other person (other than the Authority’s Bond Counsel and General Counsel identified above) without the prior written consent. DR A F T Page 437 of 455 139095716.3 E-1-4 Sincerely, Tamara Niles tniles@englewoodco.gov DR A F T Page 438 of 455 139095716.3 E-2-1 EXHIBIT E-2 OPINION OF GOVERNMENTAL AGENCY BOND COUNSEL [LETTERHEAD OF BOND COUNSEL TO GOVERNMENTAL AGENCY] (Date of Closing) Colorado Water Resources and Power Development Authority U.S. Bank Trust Company, National Association as Trustee ____________________________ as Representative of the Underwriters Ladies and Gentlemen: We have acted as bond counsel to the CITY OF ENGLEWOOD, COLORADO, ACTING BY AND THROUGH ITS WATER UTILITY ENTERPRISE (the "Governmental Agency"), which has entered into a Loan Agreement (as hereinafter defined) with the COLORADO WATER RESOURCES AND POWER DEVELOPMENT AUTHORITY (the "Authority"), and have acted as such in connection with the authorization, execution, and delivery by the Governmental Agency of the Loan Agreement and its Governmental Agency Bond (as hereinafter defined). In so acting we have examined the Constitution and laws of the State of Colorado and by-laws of the Governmental Agency. We have also examined originals, or copies certified or otherwise identified to our satisfaction, of the following: 1.the Loan Agreement, dated as of May 1, 2024 (the "Loan Agreement") by and between the Authority and the Governmental Agency; 2.proceedings of the governing body of the Governmental Agency relating to the approval of the Loan Agreement and the execution, issuance, and delivery thereof on behalf of the Governmental Agency; 3. the Governmental Agency Bond, dated May __, 2024 (the "Governmental Agency Bond") issued by the Governmental Agency to the Authority to evidence the Loan; and 4.proceedings of the governing body of the Governmental Agency relating to the issuance of the Governmental Agency Bond and the execution, issuance, and DR A F T Page 439 of 455 139095716.3 E-2-2 delivery thereof to the Authority (the Loan Agreement and the Governmental Agency Bond are referred to herein collectively as the "Loan Documents"); and We have also examined and relied upon originals, or copies certified or otherwise authenticated to our satisfaction, of such other records, documents, certificates, and other instruments, and made such investigation of law as in our judgment we have deemed necessary or appropriate to enable us to render the opinions expressed below. Regarding questions of fact material to our opinions, we have relied upon the Government Agency’s certified proceedings and other representations and certifications of public officials and others furnished to us without undertaking to verify the same by independent investigation. Based upon the foregoing, we of the opinion that: 1. The Governmental Agency is a "governmental agency" within the meaning of the Authority's enabling legislation. 2. The Governmental Agency has full legal right and authority to execute the Loan Documents and to observe and perform its duties, covenants, obligations and agreements thereunder and to undertake the Project. 3. The Governmental Agency has pledged net revenues from its municipal water system for the collection, treatment and disbursement of water (the “Water System”) for the punctual payment of the principal of and interest on the Loan (as defined in the Loan Agreement), and all other amounts due under the Loan Documents according to their respective terms and the Authority has a first lien but not necessarily an exclusive first lien on such source of repayment. No filings or recordings are required under the Colorado Uniform Commercial Code in order to provide a first lien on such source of repayment and all actions have been taken as required under Colorado law to ensure the priority, validity, and enforceability of such lien. 4. The Loan Documents have been duly authorized, executed and delivered by the authorized officers of the Governmental Agency; and, assuming in the case of the Loan Agreement, that the Authority has all the requisite power and authority to authorize, execute and deliver, and has duly authorized, executed, and delivered the Loan Agreement, the Loan Documents constitute the legal, valid and binding obligations of the Governmental Agency enforceable in accordance with their respective terms. 5. The execution and delivery of the Loan Documents are not subject to the limitations of Article X, Section 20 of the Colorado Constitution (“TABOR”) because the Governmental Agency constitutes an enterprise under TABOR as of the date hereof. The performance of the obligations of the Governmental Agency under the Loan Documents is not subject to the limitations of TABOR as long as the Governmental Agency continues to qualify as an enterprise under TABOR. If the Governmental Agency ceases to qualify as an enterprise under TABOR, the Loan Documents will continue to constitute legal, valid and binding obligations of the Governmental Agency enforceable in accordance with their respective terms subject to the revenue and spending limitations of TABOR; provided, DR A F T Page 440 of 455 139095716.3 E-2-3 however, that if the Governmental Agency at any time ceases to qualify as an enterprise under TABOR, (a) the Governmental Agency may impose any increased fees, rates and charges of the System without voter approval; (b) all revenues of the Governmental Agency used to pay Loan Repayments by the Governmental Agency are to be included in the Governmental Agency’s fiscal year spending limit under Section 7(d) of TABOR, except that creation of bonded debt increases fiscal year spending by the amount of debt service so funded and debt service changes and reductions are exceptions to, and not part of, the Governmental Agency’s revenue and spending base and limits; and (c) if the Governmental Agency is required to reduce spending in order to comply with its fiscal year spending limit under Section 7(b) of TABOR, the Governmental Agency will first be required to reduce spending for purposes for which it does not have an obligation under law or by contract prior to reducing spending required to comply with the other covenants contained in the Loan Documents. The opinions expressed in this opinion letter are subject to the following: The obligations of the Governmental Agency pursuant to the Loan Documents are subject to the application of equitable principles, to the reasonable exercise in the future by the State of Colorado and its governmental bodies of the police power inherent in the sovereignty of the State of Colorado, and to the exercise by the United States of America of the powers delegated to it by the Federal Constitution, including without limitation, bankruptcy powers. No opinion is expressed herein regarding the validity or enforceability of Section 3.06 of the Loan Agreement or any other provision thereof which purports to require the Governmental Agency to indemnify or hold any person harmless. We are opining only upon those matters set forth herein, and we are not passing upon the accuracy, adequacy, or completeness of any statements made in connection with any offer or sale of the Authority Bonds, the Governmental Agency Bond, or on any other security, or upon any federal or state tax consequences arising from the receipt or accrual of interest on or the ownership or disposition thereof, except those specifically addressed herein. This opinion letter is rendered on the basis of Federal law and the laws of the State of Colorado as enacted and construed on the date hereof, and we express no opinion as to any matter not set forth in the numbered paragraphs herein. This opinion letter is issued as of the date hereof and we assume no obligation to revise or supplement this opinion letter to reflect any facts or circumstances that may hereafter come to our attention or changes in law that may hereafter occur. In connection with the execution and delivery of the Loan Documents, we have represented the Governmental Agency which is our sole client in this transaction. Delivery of this letter to you does not establish an attorney-client relationship between any of the addressees and this firm. We hereby authorize Norton Rose Fulbright US LLP, Bond Counsel to the Authority, and Carlson, Hammond & Paddock L.L.C., General Counsel to the Authority, to rely on this opinion as if we had addressed this opinion to them in addition to you. This opinion letter is furnished to you solely for your information and benefit in connection with the initial execution and delivery of the Loan Documents and may not be relied upon by you for any other purpose or DR A F T Page 441 of 455 139095716.3 E-2-4 relied upon by any other person (other than the Authority’s Bond Counsel and General Counsel identified above) without the prior written consent of this firm. DR A F T Page 442 of 455 G-1-1 EXHIBIT F ADDITIONAL COVENANTS AND REQUIREMENTS Audit Requirements. For each year in which the Governmental Agency requests a disbursement from the Project Loan Subaccount, the Governmental Agency shall conduct its annual audit in accordance with the federal Single Audit Act, 31 U.S.C. § 7501 et seq. Additional Senior, Parity and Subordinate Lien Bonds. The Governmental Agency covenants that it will not issue any obligations payable out of, or secured by a lien or charge on the Pledged Property which is superior to the lien or charge of this Loan Agreement on the Pledged Property. In addition, the Governmental Agency covenants that it will not issue any obligations payable out of, or secured by a lien or charge on the Pledged Property which is on a parity with the lien or charge of this Loan Agreement on the Pledged Property, unless the Governmental Agency certifies to the Authority that Net Revenue (as defined in paragraph 3. of Exhibit A to this Loan Agreement and subject to the next sentence) for any 12 consecutive months out of the 18 months preceding the month in which such obligations are to be issued is at least equal to the sum of (a) 110% of the maximum annual debt service of (i) this Loan Agreement and all outstanding obligations of the Governmental Agency payable out of, or secured by a lien or charge on the Pledged Property which is on a parity with the lien or charge of the Governmental Agency Bond on the Pledged Property, and (ii) such proposed obligations to be issued, and (b) 100% of the maximum annual debt service of all obligations payable out of, or secured by a lien or charge on the Pledged Property which is subordinate to the lien or charge of the Loan Agreement on the Pledged Property. Net Revenue may be adjusted to reflect any rate increases prior to the issuance of such additional obligations by adding to the actual Net Revenue for such period an estimated sum equal to 100% of the estimated increase in Net Revenue which would have been realized during such period had such rate increase been in effect during all of such period. Notwithstanding the foregoing, the Governmental Agency may issue refunding obligations payable out of, or secured by a lien or charge on the Pledged Property, without compliance with the requirements stated above, provided that the debt service payments on such refunding obligations do not exceed the debt service payments on the refunded obligations during any calendar year. In addition, the Governmental Agency covenants that it will not issue any obligations payable out of, or secured by a lien or charge on the Pledged Property which is subordinate to this Loan Agreement on the Pledged Property, unless the Governmental Agency certifies to the Authority that for any 12 consecutive months out of the 18 months preceding the month in which such obligations are to be issued Net Revenue were at least 100% of the maximum annual debt service on all obligations payable out of, or secured by a lien or charge on the Pledged Property, which are outstanding during such period. Operations and Maintenance Reserve Fund. The Governmental Agency shall maintain an operations and maintenance reserve in an amount equal to three months of Operation and Maintenance Expenses excluding depreciation of the System as set forth in the annual budget for the current fiscal year but in no event greater than $1,250,000. Said reserve may be in the form of unobligated fund balances or other unobligated cash or securities (i.e., capital reserves) or may be in a separate segregated fund and shall be maintained as a continuing reserve for payment of any lawful purpose relating to the System. If the operations and maintenance reserves fall below this DR A F T Page 443 of 455 G-1-2 requirement, the shortfall shall be made up in 24 substantially equal monthly installments beginning the second month after such shortfall or the date of delivery. Rate Study. In the event that Gross Revenue collected during a fiscal year are not sufficient to meet the requirements set forth in the Rate Covenant contained in paragraph 5. of Exhibit A of this Loan Agreement, the Governmental Agency shall, within 90 days of the end of such fiscal year, cause an independent firm of accountants or consulting engineers, to prepare a rate study for the purpose of recommending a schedule of rates, fees and charges for the use of the System which in the opinion of the firm conducting the study will be sufficient to provide Gross Revenue to be collected in the next succeeding fiscal year which will provide compliance with the Rate Covenant described in paragraph 5. of Exhibit A of this Loan Agreement. Such a study shall be delivered to the Authority and the Trustee. The Governmental Agency shall within six months of receipt of such study, adopt rates, fees and charges for the use of the System, based upon the recommendations contained in such study, which provide compliance with said Rate Covenant. Special Fund. The Governmental Agency covenants to create a special fund into which shall be deposited the Gross Revenue (as defined in paragraph 3. of Exhibit A to this Loan Agreement). The Gross Revenue shall be applied, on or before the last day of each month, first to the payment of the Operation and Maintenance Expenses (as defined in paragraph 3. of Exhibit A to this Loan Agreement) and then applied to the payment of the Loan Repayments and other amounts payable on a parity with the Loan Repayments. Any further application shall be as provided by resolution of the Governmental Agency. Davis Bacon & Related Acts (DBRA). The Governmental Agency will comply with the requirements of the Davis Bacon & Related Acts, codified at 40 U.S.C. §§ 3140 through 3148. American Iron and Steel Requirement. The Governmental Agency will comply with all federal requirements applicable to the Loan, including Section 436 of P.L. 113-76, Consolidated Appropriations Act, 2014, (the "Appropriations Act") and related State Revolving Fund Policy Guidelines, which require that all of the iron and steel products (as defined in the Appropriations Act and Guidelines) used in the Project must be produced in the United States unless the Governmental Agency has requested and received a waiver from the requirement pursuant to the "waiver process" described in the Appropriations Act and Guidelines. Build America, Buy America Act. The Governmental Agency will comply with the requirements of the Build America Buy America Act, enacted as part of the Bipartisan Infrastructure Law, including guidance for implementing the BABA Act provided by the Office of Management and Budget, where applicable. BABA establishes domestic content procurement preference requirements for federal financial assistance provided through the Clean Water and Drinking Water State Revolving Funds including that iron, steel, manufactured products, and construction materials used in covered projects are produced in the United States unless the Governmental Agency has requested and received a waiver from the federal government. Signage. The Governmental Agency will comply with all federal requirements applicable to the Loan, including the Guidelines for Enhancing Public Awareness of SRF Assistance Agreements as issued by the United States Environmental Protection Agency in the Memorandum dated June DR A F T Page 444 of 455 G-1-3 3, 2015. The Governmental Agency will provide project signage consistent with the guidelines in one or more of the listed strategies including: 1. Standard signage 2. Posters or wall signage in a public building or location 3. Newspaper or periodical advertisement for project construction, groundbreaking ceremony, or operation of the new or improved facility 4. Online signage place on a community website or social media outlet 5. Press release DR A F T Page 445 of 455 State Revolving Fund Loan Agreements Presented By Englewood Utilities and South Platte Renew Director, Pieter Van Ry Utilities Deputy Director –Business Solutions and Engineering, Sarah Stone Pa g e 4 4 6 o f 4 5 5 •Maximize available funding for Lead Reduction Program •Proactively protect public health •Replace all lead service lines within 5 years •Engage customers through customer outreach •Lead Service Line Replacements to begin Summer 2024 Background and Purpose Pa g e 4 4 7 o f 4 5 5 Lead Reduction Program Schedule Lead Reduction Program Kickoff March 2023 CO Drinking Water State Revolving Fund Loan Application Submitted December 2023 Field Verification Campaign Completed November 2023 Service Line Inventory Development Completed August 2023 LSLR RFP Posted January 2024 DWRF Loan Agreements and City Ordinance for LSLR To City Council April 2024 LSLR Contract To City Council May 2024 LSLR Construction Kickoff June 2024 Pitcher and Water Quality Sample Distributer Contract To City Council July 2024 Pa g e 4 4 8 o f 4 5 5 Service Line Inventory –January 2024 Material Designation Service Line Count Lead or Assumed Lead 2,270 Non-Lead or Assumed Non-Lead (pre-1960)5,101 Unknown 718 Non-Lead (post-1960)2,992 Total 11,081Pa g e 4 4 9 o f 4 5 5 10 Replacement Zones Pa g e 4 5 0 o f 4 5 5 •Colorado Water Resources and Power Development Authority (CWRPDA) •Bipartisan Infrastructure Law (BIL) •Signed November 15, 2021 •Invests more than $50 billion over the next 5 years in USEPA water infrastructure programs •Principal forgiveness available •Colorado issues funds through the Drinking Water Revolving Fund (DWRF) •BIL Leveraged Loans •BIL Principal Forgiveness •Leveraged Loan Drinking Water Revolving Fund DWRF Loan Terms include but are not limited to: •Low interest rates that are locked in at time of closing •Interest accrues only as funds are disbursed •Loan repayment term of up to 30 yearsPa g e 4 5 1 o f 4 5 5 Englewood DWRF Loans DWRF Leveraged Loan $23,000,080 •30-Year Term •Interest rate by bond sale – assumed 5.5% •Estimated debt service: ~$1,583,000 DWRF BIL Lead Service Line Direct Loan: $7,551,020 •30-Year Term •3.5% Interest Rate •Estimated debt service: $409,000 DWRF BIL Principal Forgiveness: $10,000,000 •Maximum available principal forgiveness Principal Amount Borrowed Not to Exceed $30.55M Total Funding: $40M Pa g e 4 5 2 o f 4 5 5 Emergency Ordinance Request •CWRPDA issues bonds every 6 months •Included in Spring 2024 DWRF competitive bond sale •Cost and interest rate certainty •Pool of borrows to maximize interest from bond investors •City of Greeley •South Adams Water and Sanitation District •Town of Lochbuie •Upper Thompson Sanitation District •CWRPDA to post Preliminary Official Statement on April 30, 2024 •Competitive Sale of bonds on May 8, 2024 •Loan Closing May 23, 2024 •Water and Sewer Board recommended City Council approval during its April 9, 2024 meeting. Pa g e 4 5 3 o f 4 5 5 Questions? Pa g e 4 5 4 o f 4 5 5 Thank you Pa g e 4 5 5 o f 4 5 5