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HomeMy WebLinkAboutStaff Report 1954City of Palo Alto (ID # 1954) City Council Staff Report Report Type:Meeting Date: 7/25/2011 July 25, 2011 Page 1 of 4 (ID # 1954) Summary Title: Stanford Community Benefits Discussion Title: Stanford University Medical Center Community Benefits Discussion and Appointment of City Representatives to Joint Committee for Community Health and Safety Programs From:City Manager Lead Department: City Manager Recommendation Staff recommends that Council authorize the Mayor to appoint two Councilmembers to the Joint Stanford/City Committee for Community Health and Safety Programs and provide staff direction regarding the recommended process for expending Community Benefit funds. Executive Summary The Stanford University Medical Center (SUMC) Development Agreement (DA) provides the City with approximately $40 million in direct payments to the City. The funds are grouped into broad categories such as Community Health and Safety, Sustainability and Infrastructure. The Community Health and Safety payment is made up front and the remaining community benefit dollars are paid in three equal installments: 1st Payment at initial permit—Estimated Summer 2011 2nd Payment at hospital foundation permit—Estimated January 2012 3rd Payment at hospital occupancy—Estimated January 2018 The Development Agreement provides the Council with broad discretion in allocating these funds. While the agreement provides for a joint City/Stanford committee to review proposed uses for the Community Health fund, the committee’s role is strictly advisory to the City Council who retains sole decision making authority. Other than the City providing an annual report to Stanford on the status of the various funds, no other University involvement is stipulated in the agreement. Staff recommends that Council authorize the Mayor appoint two City council members to serve on the joint committee. Staff recommends that the Council refer recommendations on the allocation of benefit funds to the Finance Committee who should review and recommend to Council projects and programs ultimately financed through the community benefits accrued in the July 25, 2011 Page 2 of 4 (ID # 1954) agreement. Background Attachment A provides a detailed accounting of the various Stanford contributions required in the agreement including the broad fund categories where the City Council has maximum discretion. Other specific purpose funds and contributions to other agencies are also provided. Examples of specific purpose funds are the pedestrian linkages, healthcare services and revenue neutrality payments. The community benefits contributions, exclusive of the specific purpose funds are as follows: Community Benefits Payments Schdule Fund Name 1st Payment Summer 2011 2nd Payment January 2012 3rd Payment January 2018 Total Community Health and Safety Programs (including $2M for Project Safety Net) $4,000,000 $4,000,000 Infrastructure, Sustainable Neighborhoods and Affordable Housing $7,733,333 $7,733,333 $7,733,333 $23,200,000 Sustainability Programs $4,000,000 $4,000,000 $4,000,000 $12,000,000 TOTAL $39,200,000 Prior to Council’s approval of the DA, the Finance Committee recommended the designation of $2M from the Community Health and Safety fund toward Project Safety Net. The Council acted on the Finance Committee’s recommendation to include language in the DA authorizing that a portion or all of Community Health and Safety funds be designatec for Project Safety Net. City staff plans to come forward shortly with a BAO to formalize this action and additional action by Council is not needed at this juncture. July 25, 2011 Page 3 of 4 (ID # 1954) Discussion The SUMC contributions through the community benefits funds provide the City with an exceptional opportunity to begin to address its overall infrastructure and sustainability goals. While the timing of the funding gives the City Council immediate opportunity to initiate projects, staff believes that a strategic approach incorporating the Council’s annual goal setting and the prioritization that occurs during the budget process would assist in applying the community benefit dollars in the most effective manner. Additionally, Council’s 2012 priority setting and budget process will be informed by the work of the Infrastructure Blue Ribbon Commission’s report which is scheduled to be delivered to Council by the end of this year. The report will be an important data set for discussing the fund allocation. Initial receipt of community benefit dollars will occur during this fiscal year and should be included in Council’s deliberations on the 2012 budget. Concurrent consideration of the allocation of community benefit resources with the budget achieves many of the following goals: 1.Ensures community benefits are aligned with Council fiscal priorities. 2.Enables Council to leverage the budget by combining the Capital Improvement Projects resources with community benefits to consider projects not currently funded in the CIP. 3.Allows Council to consider Infrastructure Blue Ribbon Commission recommendations due in December 2011 with the additional resources the community benefit dollars provide. 4.Budget process, including numerous hearings at the Finance Committee and City Council, provides the optimal context for public participation. Policy Implications Staff is preparing a set of guidelines to account for and manage the various community benefit funds due to the City later this summer. Guidelines will be developed to ensure transparency and accountability for the use of community benefits. Guidelines will also address investment earnings from the designated funds. Staff expects to return to Council with draft guidelines prior to the start of the budget process in early 2012. Attachments: ·Attachment A: Summary of SUMC Development Agreement Payments(DOC) July 25, 2011 Page 4 of 4 (ID # 1954) Prepared By:Steve Emslie, Deputy City Manager Department Head:James Keene, City Manager City Manager Approval: James Keene, City Manager Stanford University Medical Center Attachment A Summary of Development Agreement Payments Updated May 24, 2011 110524 jb 2994.doc Payment Description Development Agreement Paragraph Summer 2011 (Initial Payment Date) January 2012 (Estimated date of 1st Hospital Foundation Permit) September 2015 January 2018 (Estimated date of 1st Hospital Occupancy Permit) Spring 2026 Cumulative Total Payments to Palo Alto Healthcare Services 5(a)(ii)$560,000/year for 10 years $5,600,000 (final amount depends upon construction use taxes received by City) Community Health & Safety Programs 5(a)(iii)$4,000,000 $4,000,000 Fiscal Neutrality Payment 5 (b)(iii)$2,417,000 $2,417,000 Linkage from Downtown through PAITS to Quarry/ECR Intersection 5(d)(i)$2,250,000 $2,250,000 Linkage along Quarry Road for Pedestrian/ Bicycles/Transit 5(d)(ii)$400,000 $400,000 Infrastructure, Sustainable Neighborhoods & Affordable Housing 5(e)(i)$7,733,333 $7,733,333 $7,733,333 $23,200,000 Sustainability Programs 5(f)(i)$4,000,000 $4,000,000 $4,000,000 $12,000,000 Opticom Payment to Palo Alto 5(c)(iv)$11,200 $11,200 Payment Development Summer January September January Spring Cumulative Summary of Stanford Hospital Development Agreement Payments May 24, 2011 110524 jb 2994.doc Description Agreement Paragraph 2011 (Initial Payment Date) 2012 (Estimated date of 1st Hospital Foundation Permit) 2015 2018 (Estimated date of 1st Hospital Occupancy Permit) 2026 Total Linkage from Shopping Center through Barn to SUMC (Stanford Builds) 5(d)(iii)$700,000 $700,000 Payments to Menlo Park Traffic Mitigation Payment to Menlo Park 5(c)(ii) $1,233,000 $1,233,000 $1,233,000 $3,699,000 Payments to AC Transit Payment to AC Transit for additional buses 5(c)(iii)$250,000 $250,000 Payment to AC Transit for additional operating costs 5(c)(iii)$50,000/year $50,000/year (Life of Project Payment for long term lease for Ardenwood Lot (AC Transit) 5(c)(iii)$45,000/year $45,000/year (Life of Project) Payments to Caltrain Begin Purchasing Go Passes 5(c)(v)$1, 800,000 + CPI $91,000,000 + CPI