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HomeMy WebLinkAbout040912_ra01 JEFFERSON COUNTY BOARD OF COUNTY COMMISSIONERS REGULAR AGENDA REQUEST TO: Board of County Commissioners FROM: Philip Morley, County AdminiMtrator: DATE: April 9, 2012 RE: Interlocal Agreement Regarding Revenue to Service Bonded Indebteduess for Jeff Com STATEMENT OF ISSUE: The attached Interloca1 Agreement is between all seven parties affiliated with JeOCom. The Agreement provides that the l/lOth of 1 % sales tax collected for emergency communications in Jefferson County per RCW 82.14.420, be dedicated first to pay JeOCom bond debt previously inClllTed by the County on behalf of JeOCom. This includes three bond issues: one from 2007 and two from 2011. Under the proposed Interloca1 Agreement, all three bonds will be paid off using the sales tax, with the last bond payment being due in 2030. FISCAL IMPACT: This Interloca1 Agreement ensures that there is guaranteed annual revenue stream to payoff bonds used for capital upgrades of the JeOCom emergency management system. Any excess sales tax collected will be transferred to JeOCom for use by JeOCom as allowed by RCW. RECOMMENDATION: Sign the proposed Interloca1 Agreement dedicating emergency communications sales tax to pay bond debt with excess distributed to JeOCom. REVIEWED BY: ~ /3I.Y.z- Date Interloca1 Agreement Regarding Revenue to Service Bonded Indebtedness for JeffCom WHEREAS, this Interlocal Agreement is entered into for the mutual benefit of Jefferson County (County), the City of Port Townsend (City), Jefferson County Fire District 1 East Jefferson Fire & Rescue, Jefferson County Fire District 2 Quilcene, Jefferson County Fire District 3 Port Ludlow Fire & Rescue, Jefferson County Fire District 4 Brinnon; and Jefferson County Fire District 5 Discovery Bay, hereinafter "the parties," and is specifically authorized by the Interlocal Cooperation Act set forth in Chapter 39.34 of the Revised Code of Washington; and WHEREAS, in 2007, the parties entered into an Interlocal Agreement Authorizing Jeff Com 911 Communications to provide Emergency Dispatching, Communications and Other Services; and WHEREAS, the parties, through Jeff Com, recognize the need to upgrade the infrastructure of the radio and communications systems when needed; and WHEREAS, in recognition that the upgrades are vital to the fire and law enforcement agencies, the parties agree to fund and repay loans and bonds equitably among the five fire districts, County and City of Port Townsend; and WHEREAS, Historically Jefferson County has proved financing for the infrastructure and software upgrades through Limited Tax General Obligation Bonds; and the parties wish to provide a guaranteed revenue stream for the life of the bonds as outlined above; and WHEREAS, to date Jefferson County has provided bond financing in 2007 and 2011 for Jeff Com's Radio Tower Project and Software Upgrades to Law and Fire Records Management Systems. NOW, THEREFORE, in consideration of the mutual covenants contained herein, it is hereby agreed as follows: 1. The Bonded indebtedness for all bonds financed through Jefferson County on behalf of JeffCom as of 12-31-11 is: March 26, 2012 Bond Average Annual Debt Payment $186,300 Bond Paid-off Bond 1: 2007 Bond for Tower Site $2,500,000 Bond 2: 2011 Bond for Tower Site $880,000 Bond 3: 2011 Special Purpose Bond for Law/Fire RMS Systems $328,000 2026 $39,510 interest only until 2021 then $114,510 $50,571 2030 2018 2. Revenue to service 2007 and 2011 bonded indebtedness for the Tower Site Enhancement project and the 2011 bonded indebtedness for the JeffCom Radio System, Law and Fire Records Management System. The parties agree that the revenue of the 1/ 10th of 1% Sales Tax pursuant to RCW 82.14.420 collected in Jefferson County shall be first dedicated to pay the annual debt service for the 2007 (Bond #1) and for 2011 (Bond #2) for the JeffCom Radio Tower System, and also for the annual payment on the 2011 RMS bonds (Bond #3). The Treasurer will collect the sales tax revenue into Jefferson County Fund 119 and process semi-annual payments for bond principal and interest. 3. Budget for Fund 119 - JeffCom Bond payment fund i) Each year an annual budget will be prepared for fund 119 estimating Sales Tax revenues and debt service payments. il) The required fund balance of Fund 119 will be 5% of total annual bond debt for cash flow purposes. The County Treasurer shall retain in Fund 119 each month an amount equal to 1/12 of the total annual debt service payment amounts, depositing the monthly revenue in excess thereof into Jeff Com's operating fund or account. ill) If in October of each year, the sales tax revenue received is below the budgeted amount needed to make the periodic debt service payments, the County Treasurer will reduce the transfer to Jeff Com to reflect the decrease. iv) All such funds must be used as specified in RCW 82.14.420. 4. Term. This Interloca1 Agreement shall be effective 90 days after the date of filing as provided by RCW 39.34.040, and shall remain effective until the 2007 and 2011 bonded indebtedness for the Jeff Com Radio System and the March 26, 2012 2011 bonded indebtedness for the Jeff Com RMS and MRMS are all paid in full and retired. 5. Severability. If any provision of this Agreement or the application thereof to any person or circumstances is held invalid, such invalidity shall not affect other provisions or applications of the Agreement, which can be given effect without the invalid provision or application, and to this end the provisions of the Agreement are declared to be severable. 6. Filing. As provided by RCW 39.34.040, this Agreement shall be filed prior to its entry in force with various entities as required by law. 7. Execution of Agreement. Each party to this Agreement may bind itself with all other parties to this Agreement by signing a duplicate original of this Agreement and submitting such signed duplicate original to County. It is understood that such execution shall not require that one original Agreement be signed by all parties to this Agreement, but that there will be several duplicate originals signed by each party to this Agreement. The purpose of this provision is to facilitate the signing of the Agreement and to avoid the undue delay in the execution of the Agreement. This Agreement, however, shall be executed on behalf of each member by its authorized representative and pursuant to the appropriate motion, resolution or ordinance of each local government or other entity as the case may be. Each party to this agreement shall be bound to it as of the date it is signed by that member. 8. Ad".t"fAtration. The terms and conditions agreed to by the parties in furtherance of this Agreement shall be administered by the Jefferson County Treasurer or his or her designee. Any party to this Agreement aggrieved by a decision of the Jefferson County Treasurer may appeal that decision pursuant to section ten of this agreement. 9. Acquired property. All purchases to include towers, radio equipment, LERMS and FRMS system (including all equipment, hardware and software) shall become upon delivery and installation the personal property of Jeff Com, and be included in the schedule of assets of Jeff Com. No LERMS or FRMS system assets shall be discarded, replaced or discontinued in use by any party to this Agreement without the express written consent of the Jeff Com 9-1-1 Administrative Board. Upgrades, fixes and other technical improvements to the hardware and software purchased in 2011 as well as any changes, improvements or fixes installed in or made part of the personal property as part of or during the annual maintenance of said personal property shall not be considered to constitute the discarding, replacing or discontinuing of a system for purposes of this section. March 26, 2012 10. Dispute Resolution: If any party is aggrieved by another a written grievance may be filed with the Executive Director within 14 days of the occurrence and the implementation of the action shall be stayed until resolved as described herein. Any such grievances should be resolved as promptly and amicably as reasonably practicable, by conciliation between the Grievant and the Aggrieved. If such conciliation is not successful or the grievance is not abandoned within 15 business days, the matter shall proceed to mediation with one disinterested mediator chosen jointly by the parties, and the cost of the mediator shall be borne by the grievant. If such mediation is not successful within 25 business days, then arbitration before one disinterested arbitrator shall take place. The arbitrator may be jointly agreed to, or chosen from a list provided by the American Arbitration Association or other jointly acceptable dispute resolution firm or agency. The non-prevai1ing party in arbitration shall pay all of the arbitrator's fees and charges. The arbitrator shall be empowered to determine the .prevailing party" if any. If neither party is deemed to be the prevailing party then each party shall bear its own portion of the arbitrator's fees and charges. In any event each party involved in the dispute resolution shall bear their own attorneys fees and other costs. All time periods called for in the sections may be extended by mutual written agreement. March 26, 2012 CITY OF PORT TOWNSEND (for Port Townsend Police Department): Date: CITY MANAGER ATTEST: City Clerk March 26, 2012 JEFFERSON COUNTY (for Jefferson County Sheriffs Office): Commissioner Commissioner Commissioner ATTEST: Clerk of Board of County Commissioners APPROVED AS TO FORM: dL David Alvarez, Deputy Pro March 26, 2012 4J3JZblL uting Attorney Date: Jefferson County Sheriff JEFFERSON COUNTY FIRE DISTRICT # 1 (East Jefferson Fire & Rescue): Date: Commissioner Commissioner Commissioner ATTEST: District Secretary March 26, 2012 JEFFERSON COUNTY FIRE DISTRICT #2 (Quilcene): Date: Commissioner Commissioner Commissioner ATTEST: District Secretary March 26, 2012 JEFFERSON COUNTY FIRE DISTRICT #3 (port Ludlow): Date: Commissioner Commissioner Commissioner ATTEST: District Secretary March 26, 2012 JEFFERSON COUNTY FIRE DISTRICT #4 (Brinnon): Date: Commissioner Commissioner Commissioner ATTEST: District Secretary March 26, 2012 JEFFERSON COUNTY FIRE DISTRICT #5 (Gardiner): Date: Commissioner Commissioner Commissioner ATTEST: District Secretary March 26, 2012