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HomeMy WebLinkAbout09/05/2023 09. Resolution authorizing an application to the Yakima County "Supporting Investments in Economic Development" (SIED) Program on behalf of Yakima Chief Hops for a project at South 3rd Avenue and Division Street 1 a, . ga BUSINESS OF THE CITY COUNCIL YAKIMA, WASHINGTON AGENDA STATEMENT Item No. 9. For Meeting of: September 5, 2023 ITEM TITLE: Resolution authorizing an application to the Yakima County "Supporting Investments in Economic Development" (SIED) Program on behalf of Yakima Chief Hops for a project at South 3rd Avenue and Division Street SUBMITTED BY: *Sy Ruiz, Economic Development Services Assistant Bill Preston, City Engineer SUMMARY EXPLANATION: The City of Yakima has been requested to authorize an application with the Supporting Infrastructure for Economic Development (SI ED) program to fund a new traffic signal at the intersection of South 3rd Avenue and Division Street. This project will retain local jobs in Yakima, address pedestrian safety, and allow for future private development and improvements of the Yakima Chief Hops campus and operations. The project is requesting $312,500 in grant, $312,500 in loan and a 20% local match is required. ITEM BUDGETED: NA STRATEGIC PRIORITY: Economic Development APPROVED FOR SUBMITTAL BY THE CITY MANAGER RECOMMENDATION: Adopt Resolution. ATTACHMENTS: Description Upload Date Type D Resolution 8/18/2023 Coker Memo D SIED Application 8/23/2023 Cover Memo 2 RESOLUTION NO. R-2022- A RESOLUTION authorizing the City of Yakima to support the grant and loan application of up to $750,000 from the Yakima County Supporting Investments in Economic Development (SIED) fund to install a traffic signal in the intersection of S. 3rd Avenue and Division Street for Yakima Chief Hops, in the City of Yakima. WHEREAS, the City of Yakima has established that public safety, especially on public streets, is a Strategic Priority for the City Council; and WHEREAS, the City Council is committed to assisting existing businesses, supporting new or existing development as feasible and preservation of the community employment base; and WHEREAS, the intersection of Division Street and South 3rd Ave also provides access to the City arterial street for other industrial land uses both west and east of South 3rd Avenue. South 3rd Avenue is a Minor Arterial Street with approximately 16,500 average daily vehicle trips. In this case, the project site is one-half mile north of Nob Hill Boulevard, providing direct access to 1-82 and improving freight routes to the interstate system. WHEREAS, the improvement of city streets to improve public safety is a priority. In this case, the new traffic signal will enable Yakima Chief Hops to retain local jobs in Yakima, address pedestrian safety, and allow for future redevelopment and improvements of their Yakima campus and operations; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: The City Manager is hereby authorized to support the grant application with the Yakima County "Supporting Investments in Economic Development" program in the amount not to exceed $750,000, including $312,500 in grant, $312,500 in loan and a 20% in local match, with all repayment and local match to be paid by the City of Yakima. A copy of the draft grant application is attached hereto. ADOPTED BY THE CITY COUNCIL this 5th day of September 2023. Janice Deccio, Mayor ATTEST: Rosalinda Ibarra, City Clerk 3 Yakima County Supporting Investments in Economic Development Committed Private Business Application for Funding 4 Threshold Requirements All questions must be fully answered in order to qualify as a complete application. If you need more space for an answer, please attach additional sheets as needed noting the corresponding section,for example "C2." Resolution. A resolution or ordinance of the local governmental jurisdiction authorizing the SIED application is required. Project Costs. Engineer cost projections for public project costs are required. SIED will not entertain requests for project cost overruns. For the success of your project, ensure project cost estimations are realistic. IJ Local Match. A local match of twenty(20) percent of the SIED request is required. Local match may be demonstrated as cash or in-kind contribution. ! I Other Funding Sources. In addition to SIED, identify which public sources were considered to fund this project. Indicate what the outcome was. LIPlanning. A statement is required from the planning jurisdiction relating to the type of public facility for which a SIED investment is sought. Permits. All public and private permits must be received. Private project description. Job creation and private sector financing must be evident. Contingency Agreement. A complete Contingency Agreement(form included) is required for all projects. The Contingency serves as the first level of convincing evidence that the private sector development will occur. Acceptance of Reporting Requirements. The County is required to report annual information on the use of SIED funds. A signed agreement(form included)to report the use of SIED funds must accompany the application. Please submit application to: Yakima County Development Association PO Box 1387,Yakima, WA 98907-1387 (10 North 9th Street,Yakima WA 98901) Application for Funding,2018 Page 2 Yakima County SIED Program 5 REQUEST FOR FUNDING (Funding is awarded 50% Loan and 50%Grant. No more than $1,000,000 total award from SIED when loan and grant combined.) Interest rates on loans are established when the County formally approves the project contract by using the County Interfund Loan Rate, as authorized by law. Loans are given for a term of 10 years and annual payments are made in equal amounts on June 15t of each year. An interlocal agreement will be established between the County and the applicant specifying repayment dates and a loan amortization schedule. Loan payment installments are based on an ordinary annuity, compounded annually. If an applicant needs additional flexibility on loan repayment schedules they can request a deferral. Interest on loans will continue to accrue from the date the contract is approved by the County,even if the applicant is granted a deferral on their first loan payment. If an applicant requests a deferral of the first loan payment,the applicant must justify the request. A SIED loan is a general obligation of the jurisdiction receiving the loan. With acceptance of a SIED loan,the jurisdiction agrees to the terms of the interlocal agreement regardless of the project which prompted the application for SIED funding. City of Yakima 91-6001293 Applicant: Tax ID#: Sy Ruiz Economic Development Services Assistant Contact: Title: 509-575-6048 sy.ruiz@yakimawa.gov Phone: Email: City Hall, 129 North 2nd St. Yakima, WA 98901 Address: City: Zip Code: Pending Resolution Number Authorizing this Application for SIED Funding: I hereby certify that the information given in this application to the Supporting Investments in Economic Development Board is true and correct to the best of knowledge and belief. Signature of Responsible Official: Robert Harrison, City Manager Printed Name and Title: Indicate the full terms requested for SIED consideration: lowest • Loan Terms Requested: • A deferral of the first loan payment (up to five years): 3 • Total number of years for repayment: 10 • Please provide justification If requesting a deferral of the first loan payment: The City of Yakima requests a three-year deferral on the first payment so the private sector development activity being supported in this application has time for the construction to be completed, and begin generating tax revenues for the City prior to making the first deferred loan payment. • Please provide justification if a lower interest rate is requested: n/a Application for Funding,2018 Page 3 Yakima County SIED Program 6 Executive Summary The SIED Advisory Board takes many factors into consideration when making recommendations for funding.This Project Summary highlights the main factors including: local match,funding from other sources,jobs created/retained,wage rates,jobs created/retained per SIED dollar invested, new private investment, and new tax revenues generated. Traffic Signal at S. 3rd and Division St. - Yakima Chief Hops Project Title: Project Summary: Describe the public infrastructure project and the private development that will occur. Explain why the private development requires the public infrastructure project: The City of Yakima requests SIED funding to install a traffic signal at the intersection of S 3rd Avenue and Division Street. Funding for this project anticipates a$312,500 SIED Grant, a$312,500 SIED Loan, and a 20% local match requirement that the City of Yakima will fulfill in a combination of local funds, in-kind contribution, and staff time costs that have incurred to date. A traffic signal is warranted at S 3rd Avenue and Division Street. As the largest supplier of hops in the United States, Yakima Chief Hops is proud to locate their corporate office at 306 Division Street, both east and west of S 3rd Avenue. One significant deterrent from further economic investment at this location is the need for a four-way traffic light to support the crossing of Third Avenue. They own six buildings on the East side of Third Avenue, and their staff and customers are at a severe safety risk when they need to cross this street. Creating a safe and efficient street network around the Yakima Chief Hops campus is an essential component of the corporate decision to retain the existing campus location. The project will retain 134 local jobs in Yakima and address pedestrian safety. "Safety is Yakima Chief Hop's high priority. Our company takes pride in the fact that we work wisely to keep all of our employees safe. With a strong focus on the safety of our people, we believe that our current street crossing at Third Avenue and Division Street is of great importance to our company, our people, and our community."-Ryan Hopkins, Chief Executive Officer. Application for Funding,2018 Page 4 Yakima County SIED Program 7 Indicate the Minimum Necessary Total Public Project Infrastructure Costs (no more than$1,000,000 total award from SIED when loan and grant combined): 312,500 SIED Loan Requested: $ 312,500 SIED Grant Requested: $ 125,000 Local Match (20%of SIED request): $ _ All Other Funding Sources: $ 750,000 Total Public Project Cost: $ $350,000-$400,000 (TPIP/E) Total Private Investment in Plant/Equipment:$ 134 Total Jobs Created/Retained: 62,250 82,563 Median Wage:$ Average Wage:$__� Health, dental, vision, Rx, life insurance,401(k), IRA, phone and gym stipend, etc Fringe Benefits Offered: TPIP/E value +20% Estimated Assessed Value of the New Plant/Equipment: $ $5,597 Total SIED Request divided by Total Jobs Created/Retained:: $ 0.533 Total Private Investment in Plant/Equipment divided by Total SIED Request:$ Other Benefits of the Public Infrastructure Project: Employee safety is paramount at Yakima Chief Hops. This proposed infrastructure will drastically improve pedestrian and vehicular safety at the intersection crosswalk between 3rd Ave and Division St. The private development is a proposed capital expenditure investment for the 306 Division St. property: 1)To install a wrought iron fence along the property line of 306 Division St. It will also include two power-operated cantilever gates for vehicular traffic and two personnel gates for employee access. Strategic cameras will be added at the main vehicular entry gate. This project was quoted in the amount of up to$400,000. Application for Funding,2018 Page 5 Yakima County SIED Program 8 A. Public Sector Project Al. List all funding sources for the public project and amount. Identify whether the amount has been provided or is being requested. Provide the status and date the funds were approved or the date that funds are expected to be approved: SOURCE STATUS DATE AMOUNT SIED loan requested Pending 9/5/23 $312,500 SIED grant requested Pending 9/5/23 $312,500 SIED Match-20% Pending 9/5/23 $125,000 $ Total project costs $750,000 Funding to complete the Public Project must be secured within one year of a SIED offer of financial aid A2. Will this project upgrade an existing public facility or build a new one? Existing Facility Describe the entire public facility project, including the parts that you are not asking SIED to fund. The City of Yakima is requesting SIED funding to cover the costs of installing a traffic signal at the intersection of S 3rd Ave and Division Street. The improvements include the intersection, sidewalks, traffic control, and other related improvements. A3. Specifically, for what element(s) of the public project are SIED funds requested? SIED funds will be used in conjunction with local funds (SIED match)to cover the costs of installing a traffic signal, including the intersection, sidewalks,traffic control, and related improvements. Application for Funding,2018 Page 6 Yakima County SIED Program 9 A4. Describe how the public facility project will enhance or encourage other development in the immediate area in addition to the direct development described in this application section C. Installing a traffic signal at the South 3rd Avenue and Division Street intersection will provide a safer pedestrian environment for the existing Yakima Chief Hops Campus and the South 3rd Avenue corridor. This intersection provides access to city arterial streets for industrial land uses, both west and east of South 3rd Avenue, and has an average of 16,500 daily vehicle trips. This intersection is also one-half mile from Nob Hill Boulevard, providing direct access to 1-82 and improving freight routes to the intersection system from the industrial land. The improvement of this intersection will enhance public safety as pedestrians also cross this intersection to access buildings owned by Yakima Chief Hops. These improvements will retain local jobs in Yakima, address pedestrian safety, and allow future redevelopment and enhancements at the Yakima Chief Hops campus and other industrial land nearby. A5. List all permits and environmental reviews required for the PUBLIC SECTOR PROJECT and give their current status (applied for, application being prepared, permit issued, etc.) ANTICIPATED PERMIT ISSUER STATUS COMPLETION DATE n/a Permits to complete the Public Project must be secured within six months of a SIED offer of financial aid A6. If environmental permits are not required for the project(e.g., Shorelines Permit, Environmental Impact Statement, etc.), please explain why they are NOT required. All of the surrounding land has been previously disturbed. Application for Funding,2018 Page 7 Yakima County SIED Program 10 A7. Estimated schedule for public project completion. Indicate the month and year when the activities listed have been, or will be, completed. ESTIMATED COMPLETION DATE (month/year) Preliminary Engineering Report 03/24 Environmental Review 03/24 All Required Permits Obtained 05/24 Design Engineering 03/24 Land/Right-of-Way Acquisition 03/24 Prepare Bid Documents 05/24 Award Construction Contract 05/24 Begin Construction 06/24 Project Operational 09/24 A8. What other jurisdictions, such as counties, cities, port districts, tribes, state/federal agencies are involved in the planning, design, financing, construction or operation of this project? N/A Please explain how completion of the project is coordinated between other involved parties. N/A A9. Will the SIED public facility project be totally maintained by the applicant? If not, whom? Please explain. The physical improvements constructed in the street right of way for traffic control and safety will be maintained by the City of Yakima. Removing snow and maintaining sidewalks is the responsibility of the adjoining properties. Application for Funding,2018 Page 8 Yakima County SIED Program 11 A10. How will this project impact utility rates and public services within the jurisdiction? There will be no impact on the utility rates. The City of Yakima will supply the necessary public services associated with this project. B. Financial Information of SIED Applicant B1. Other public sources of funding for public economic development projects are listed below and must be investigated. In addition to SIED, identify which public sources were considered to fund this project. Indicate what the outcome was. Federal Grant/Loan Programs: YES NO OUTCOME Economic Development Administration ❑ 171 l Not Timely Rural Development 0 Q Not Eligible FASTACT 0 Q Not Eligible Other: Q Q State Grant/Loan Programs: Transportation Improvement Board Q Not Timely Community Development Block Grant 0 Q Not Eligible Public Works Trust Fund Q Not Timely Department of Ecology Q Q Not Eligible CERB Q Q Not Timely RTPO/MPO ❑ Q Not Eligible Other ❑ a Other Funding Options: Revenue Bonds Q Ir l Not Eligible General Obligation Bonds ❑ Q Not Eligible LID ❑ Q Not Eligible ULID Q Q Not Eligible Other. Q a Application for Funding,2018 Page 9 Yakima County SIED Program 12 B1 continued: Provide a narrative of the investigation of the above referenced funding sources and the outcomes: The City believes SIED funds are the most efficient resource to fund this project because of the immediate impact on the retention of jobs, enabling private investments, and eliminating traffic safety concerns. The public benefit from this project will have long-term and broad economic implications for the entire City of Yakima, not just the limited immediate area. B2. In the context of the local government's overall annual budget, explain the need for SIED assistance. If the applicant has budget reserves, please explain why these funds are not available for the project. The City of Yakima does not have funds available to fund the proposed project entirely, and SIED funding is currently the best option to move forward. Additionally, the City's existing budget for transportation improvements is very limited. B3. Identify funds (General Fund, Utility Fund, Property taxes, etc.)that are eligible to repay a SIED loan: The City will utilize a combination of reserves, property taxes, construction sales tax, and retail sales tax to repay the requested SIED loan funding. Will a revenue stream be generated that could repay a SIED loan outside of the system's normal operations and maintenance costs? If yes, please explain: The public improvements will generate construction sales tax and retail sales tax in the developed area. There are no anticipated additional revenue sources to pay back the SIED loan. B4. If the local jurisdiction is not financially contributing to the project, please explain why. N/A Application for Funding,2018 Page 10 Yakima County SIED Program 13 C. Private Sector Project Complete Section C and a Contingency Agreement for each private sector entity. In order to show that a specific private investment is ready to occur, but will do so only if SIED assistance is made available to the applicant, SIED requires a signed Contingency Agreement(s) between the applicant and the private sector representative(s). If a developer is involved, there must also be a signed Contingency Agreement between the developer and the proposed tenant. Private Sector Business: Yakima Chief Hops Contact: Art Ortega Title: Director of Facilities Phone: 509-840-5270 Email: art.ortega@yakimachief.com Address: 306 Division St City: Yakima,WA Zip Code: 98902 Cl. Describe the private development that will be supported by the public infrastructure/facility project. The private development is a capital expenditure investment at the 306 Division St. property. This infrastructure project is not production-related equipment. 1)To install a wrought iron fence along the property line of 306 Division St. It will also include two power-operated cantilever gates for vehicular traffic and two personnel gates for employee access. Strategic cameras will be added at the main vehicular entry gate. This project was quoted in the amount of up to$400,000. Before approval of these funds,YCH will need the costs of the property improvements to be discussed with the existing property owner. C2. Explain why the private development requires the proposed public infrastructure improvements described in this application. The proposed infrastructure improvement will improve pedestrian safety,which has been a significant concern not only for Yakima Chief Hops employees, customers, vendors, and growers but also for the safety impacts of any pedestrian who uses the crosswalk at the intersection of S. 3rd Ave and Division St. This public improvement is critical in Yakima Chief Hops'ability to retain jobs and further develop and improve their campus. Application for Funding,2018 Page 11 Yakima County SIED Program 14 C3. Indicate the construction schedule(if applicable)for the proposed private sector project. (month/year) Private Facility Construction Begins TBD Private Facility Construction Completed Private Facility Operational C4. List all permits required for the PRIVATE SECTOR PROJECT and give their current status (applied for, application being prepared, permit issued, etc.) ANTICIPATED PERMIT/ENVIROMENTAL COMPLETION REVIEW ISSUER STATUS DATE TBD -N/A Permits to complete the Private Project must be secured within one year of a SIED offer of financial aid C5. What private authorizations remain prior to proceeding with the proposed private development project? The proposed Capital Expenditure (CapEx)will require approval from the Board of Directors (BOD)of Yakima Chief Hops. This CapEx project can only start with approval from the BOD. C6. Explain how the private sector is financing their capital investment in this project. Capital investment projects will require approval from the Board of Directors (BOD)of Yakima Chief Hops. The BOD will determine how the investment is financed. Application for Funding,2018 Page 12 Yakima County SIED Program 15 C6 continued: When will private sector financing be in place? TBD Please list financial references that can verify financing sources and capacity for this project. TBD C7. List the number of projected jobs to be retained and/or created by the firm as a direct result of the public infrastructure project supporting the private development. Retained jobs are defined as jobs that will be lost to the county if the public project is not completed. Jobs must be expressed in Full Time Equivalents (FTEs) and wage data should exclude fringe benefits. Management positions should be indicated as an annual salary. #Of Jobs #Of Jobs #Of Jobs Local Retained (In Created Year 1 Created by Year Current or initial Occupational Job Description FTEs) (In FTEs) 3(In FTEs) Hourly Wages Hourly Wages_ Mgmt./Admin* 37 TBD TBD 3,145,000 EST-$40.86 Technical/Prof. 7 TBD TBD 504,000 EST-$34.16 Office/Clerical 32 TBD TBD 1,440,000 EST-$21.63 Production 35 TBD TBD 1,750,000 EST-$24.04 Sales 17 TBD TBD 1,445,000 EST-$40.87 Skilled Crafts 6 TBD TBD 450,000 EST-$36.06 Others Totals 134 8,743,000 a) How many of these positions are for seasonal work?Give response in FTE: 0 b) What kind of fringe benefits does the company offer to regular full time employees? Medical, dental, &Vision Insurance, Health Savings Account(HSA), Flexible Savings Account(FSA), Company Paid Life&AD&D, Voluntary Life and AD&D Insurance, Employee Assistance Program (EAP)- Lifeworks, Calm for Work, 401(k) retirement plan with 6% & Rother option, Education Tuition Assistance Program, 10 Recognized Holidays, 50 hours of personal/sick time pro-rated basd upton hire date. 110 hours accrued Vacation, Competitive Wages, bonus nnto C8. How were job projections developed? Explain how the projections are realistic. Consultation with Lisa Garcia, Chief People Officer, who leads the human resources division at Yakima Chief Hops. Application for Funding,2018 Page 13 Yakima County SIED Program 16 C9. Will this project move existing jobs from another part of the county? If yes, please describe why the project cannot happen where the jobs are currently located. No C10. Will the private sector project offer expanded employment opportunities to disadvantaged or unemployed workers? How will the firm work to hire people from Yakima County? The proximity to low-income areas offers close job opportunities to disadvantaged and currently unemployed workers. Since the proposed project is infrastructure, they will continue to follow the company's current hiring process and practices. Attachments 1. Resolution: A resolution or ordinance of the local governmental jurisdiction authorizing the SIED application. 2. Plan listing the project: Attach a copy of the section of the comprehensive plan or capital facilities plan that lists the public project. 3. Site map of the area: Identify the location of the site, public infrastructure and private development project (existing and/or proposed). Specifically identify where SIED funds are proposed to be used. Materials must be reproducible in black and white and in 8 1/2 x 11 format. 4. Engineering estimates supporting project costs: Identify whether estimates are from preliminary engineering or design engineering work. SIED will not entertain requests for additional funding if projections are insufficient 5. Contingency agreement:A complete Contingency agreement(form included) is required for all projects. The agreement serves as the first level of convincing evidence that the private sector development will occur. 6. Business plan or year-end financial statements of the Private Sector Business: Attach supporting information such as a business plan or year-end financial statements (financial statements may be unaudited). The entire SIED application is considered a public record; however, financial and commercial information provided by the private business is exempt from disclosure to the extent permitted by RCW 42.56.270 paragraph (4). 7. Letters of support: If applicable, please include any letters of support for this project from partners or others entities in the community. Application for Funding,2018 Page 14 Yakima County SIED Program 17 Supporting Investments in Economic Development Reporting Form City of Yakima Applicant: New Traffic Signal at S. 3rd and Divison St-Yakima Chief Hops Project Title: New traffic Signal at S. 3rd and Division St. -Yakima Chief Hops Public Infrastructure Project: Transportation Improvement Plan Plan Containing the Project: 750,000 Total Spent on the Project: 625,000 Amount of SIED Funds (loan and grant)spent on the project 1 Estimated Number of Businesses Created or Retained by Project: 134 Estimated Number of Jobs Created or Retained by Project: Instructions to Preparer: 1. List the public facility project. 2. Indicate where the project is listed (e.g., officially adopted county economic development plan, economic development section of the county's comprehensive plan, etc.). 3. List an amount of total expenditures related to the project. 4. List an amount of expenditures paid for by SIED funding. 5. The applicant must provide an actual or estimated number of businesses jobs that will be created, attracted, expanded or retained. 6. Documentation supporting this report must be made available upon request for audit purposes and public requests. If awarded SIED funds, I hereby agree to annually report to the SIED Board the use of those funds according to the instructions above. Signature of Responsible Official: Printed Name and Title: Application for Funding,2018 Page 16 Yakima County SIED Program 8 Attachment 1 Resolution 9 Attachment 2 Plan listing the project 20 coE CQ RW Required'2 M 10 CV CO0) L O Environmental Type a 0)N W o O U O o 0 0 L }• o S 0 a _ o f+ N Total Length a C p 3 w N 12 cp E Utility Codes > 0 o o 0 Improvement Type _ o o o //O O 9 Or R �0fl 0 E C a u. = Resolution No. 0 KS 0 0 KSit o 0 0 0 0. 9 r �/� Amendment e to"N^ U. i L L N Cu _ y 1— .- I... L Adopted CD 0 0 CD a) ) o• O V Z N vs C L Cl) Hearing o U. v o 2 o al O o L., H a a, y T1 } 0 v o 0 m 2 a o N a a C9 C a LL N a v C n LL a 9 O oo ~ O O 0 C o o a, :0 ut a 5 } a y N m U. II e C G O C 2 O O c 2 a) L 3- N N a CO t N F.,`m E < a C s Cl) m v m n I m � ¢ m 3 N z a VI �a C Tsa Y ah• 0cn w N $ a o � taa a ¢ c oaa o iii 6 I it m vm C E E O Y Y V Q Li G IL i m m O aa � c C } } cr, o a J G Priority Number E a ¢ O coa 4 it • ° a e 9 a a 9 °a ▪ U a Functional g vs c N a 0 Class LL a Attachment 3 Site map of the area 22 r .._ . , k,\,:... .'- t- . .-- .1 t la. tit' aY c �: - , • kW' ri 0 a • E �} Q r E a o E r.,� 0 L) Z 001 0 ( = 7 . F. - } x` = 11 .,. ` ` Ste`"i ' -_„,.. 0 i • • _ . . — . "4 - • ,"•1•4-•-1:!-- • ft j . r y +'- i .:L• 1 II ' r'.f fie Y`r .'-e • � w '"F.#?r� ,fah, 7, j;r'R.'►q, �' .•y t,� f� {+Ir a ' -��w� •t`. � '7'y . . "'� y `1j F, ?Q r• I 7 r` ' . . t . . „.,:. ..,. .i. , ii- • y n C aIrk " k, _ c `. ,Lai J y , _ # :.t z 4 W 0 'o ar '. I y •` . ,, ', 0 `S f"1-A l.. S _�+, '` . Attachment 4 Cost Estimates 24 Ruiz, Sy From: Preston, Bill Sent: Tuesday, July 11, 2023 10:42 AM To: Ruiz, Sy Subject: FW: 3rd & Division - Potential Intersection Improvements - TENW Design Scope of Work fyi From: Chandler Waldal<chandler@tenw.com> Sent: Friday, February 10, 2023 8:17 AM To: Preston, Bill <Bill.Preston@yakimawa.gov> Cc: Chris Bicket<bicket@tenw.com>; Davenport,Joan<Joan.Davenport@yakimawa.gov> Subject: RE: 3rd & Division - Potential Intersection Improvements-TENW Design Scope of Work Bill—hopefully this gave you enough information to determine how to move forward with the project. Please let us know if you have any questions or need anything else. Thank you, Chandler Waldal I Project Manager TENW 11400 SE 8rh Street,Suite 200, Bellevue, WA 98004 chondler@tenw.com I Cell: 760-994-7376 From: Chandler Waldal Sent: Friday, February 3, 2023 11:35 AM To: Preston, Bill <Bill.Preston@vakimawa.gov> Cc: Chris Bicket<bicket@tenw.com>; Davenport,Joan<Joan.Davenport@vakimawa,gov> Subject: RE: 3rd & Division- Potential Intersection Improvements-TENW Design Scope of Work Hi Bill—Some initial thoughts below . ❑. PE (Engineering - Plans, Specs and Estimates)= $100k-$150k — survey, geotech, environmental, landscape, civil, traffic. ❑. ROW/TCE (Temp Construction Easements)=$50k—Note this is a very broad assumption. Could vary significantly or not be required at all. ❑. Construction = $450k-$500k-Traffic Signal Construction assuming minimal hardscape/paving improvements. If lane widening, utility relocates, power undergrounding, etc. are required, costs can escalate quickly. Traffic control during construction can have a big cost impact as well. ❑. Construction Admin =$50k -Assuming an outside Construction Manager/Inspector. We would suggest assuming$650-$750k to be conservative. Thanks! Chandler Waldal I Project Manager TENW 11400 SE 8+h Street,Suite 200, Bellevue, WA 98004 1 Attachment 5 Contingency Agreement 26 Supporting Investments in Economic Development(SIED) Board Contingency Agreement 1. PARTIES The parties to this Agreement are the City of Yakima, whose address is 129 N. 2nd Street, Yakima, WA 98901, and Yakima Chief Hops, whose address is 306 Division St, Yakima, WA 98901. 2. PURPOSE The purpose of this Agreement is to document the intentions of the parties regarding the addition of a traffic signal at South 3rd Avenue and Division Street in the city of Yakima. A traffic signal is warranted at S 3rd Avenue and Division Street. This intersection provides access to city arterial streets for industrial land uses,both west, and east of South 3rd Avenue, and has an average of 16,500 daily vehicle trips. The intersection also is one-half mile north of Nob Hill Boulevard,providing direct access to I-82 and improving freight routes to the interstate system from the industrial land. The improvement of this intersection will improve public safety as pedestrians also cross this intersection to access buildings owned by Yakima Chief Hops. The improvements will retain local jobs in Yakima, address pedestrian safety, and allow for future redevelopment and improvements at the Yakima Chief Hops campus as well as other industrial land in the vicinity. 3. BACKGROUND The City of Yakima will install a traffic signal at the intersection of S 3rd Avenue and Division Street(the "required public improvements") 4. AGREEMENT A. The City of Yakima agrees to construct the required public improvements provided SEID funding is approved. B. Yakima Chief Hops projects 134 permanent jobs will be retained as a result of the public facilities project. C. Yakima Chief Hops anticipates the proposed total private investment in the development project to be approximately$400,000 D. Yakima Chief Hops agrees to contact the local One-Stop Career Center, Job Service Center, or appropriate Community-Based Organization for assistance filling new positions. E. Yakima Chief Hops agrees to provide the City of Yakima with employment and investment data as requested by SIED. F. The funding for this project anticipates a$312,500 SIED Grant, a$312,500 SIED Loan, and a 20% local match requirement that will be fulfilled by the City of Yakima. 27 5. CONTINGENCY This agreement is contingent upon receipt of the full SIED funding requested by the City of Yakima. City of Yakima Date Yakima Chief Hops Date /1-12e-0 v-71r1/2,723 City Manager Designated Representative 8 Attachment 6 Business Overview 29 U o v v C � ° v 2 v cu w CO _ Cl. co � � o C)N Y O = N O c N O cz LL E m .O N W o c ; — 0 a] U r C « CC V 9 V Jv 18 g ar, m o u m amcN ~ k < OO ,_ o 0 .. a Owa Q1 a = t NU C LS 'C ` a m Eg o ai - 50g i/ = C g a.cr � uI en co a E E N co m 5T L O N C L U Y U yy ,0y 00 > a) G N 7 C E v i `w_ d E 0 o d k Za `m E 0 0 j Q y 0 2 N • ? 7 O L N C N2-' 01 CDYC O } 3 co d E •t N Ol ° I ��+//�� - O 4O C > CI) o. E w . .2 `� r ° E E• f. E 2 2 o 0 o En n °� m N y 3 O C C N E y w v a • a A n `o; E p� flU C , N tl Wp� • 4 A .. • o 3 E t • c N mi de 41 0.,co w y d o m _ _ g i a @ v -aE F.N Op v. L O N d 3 0 $ E o V 8 .�+ 107.4,0,... 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L a�Ni = y 0Y s _ WW` oih - ' / •ell Wco-c '= mN S O O X � UOW0 o v w ;, c.52 aZ Y2 uM� Ey v�M� N cn"S Z g = - _ cm U ` a, F•-3 F— ]3 %kg J LU= Yr N W aco i >L o � 11:3 — dE W Y + w !MU CD .RI CD � �, co C L V+ aI M Y cn Cm iy 12 . a CO E C O o > — 0 E co2 >. 0., -c) ,_- >. Is co o a) m m- cCLI c y'»flii Cr °' Y C O N 7 fillO GQ�Y1 c Q 4 1; Z q c a� mC7 ..0= y c yE aL+ L d CU p C7 n •"' �' W O y 4. m W n 2 o O o f y o E cc CO oa0 � m� Oaa t ++ OI N f0 co CO 01 a- > irl c E p a w o� lal = c=1si ayi •E13 1..,_ 11111 ._ G Q 0.ot.14 - Y W 0 o Wr, E G1 c�i ca �E d S y EMI c Y E• n m CI n� a� a3 >• Q 3 0 6 E m O E .r p y r w c `m c ca ILI • d a. ce 0 11:11: o ••-• ca a) O 3 > q CO W C Di "* J 2�=Q >— =p W O LI CM c a� L O. ' e�3 Y� p ,s m s = �o U0 0 Attachment 7 Letter of Support toYAKIMA CHIEF HH" 33 October 01, 2021 Joan Davenport Community Development Director City of Yakima 129 N. Second Street, 2"d Floor Yakima, WA 98902 Please receive this letter as my formal request to be considered as an applicant for Yakima County SIED Program Investment funds. As the largest supplier of hops in the United States,Yakima Chief Hops (YCH), is proud to locate our corporate office at the address of 306 Division Street in the City of Yakima. Currently, we are leasing this office building. In the next twelve months, we will be considering if we will stay at this location, invest in a complete building upgrade, and continue to increase our office staff here. One large deterrent from us investing further in this building is the lack of a four-way traffic light to support the crossing of Third Avenue. We currently own 6 buildings on the East side of Third Avenue. Our staff and our customers are currently at a severe safety risk when we need to cross this street. Safety is Yakima Chief Hops highest priority. Our company takes pride in the fact that we work wisely to keep all of our employees safe. With a strong focus on the safety of our people, we believe that our current street crossing at Third Avenue and Division Street is of great importance to our company, our people and our community. From my review of the Yakima County SIED Program, it seems like this project would be an ideal opportunity to receive support. Yakima Chief Hops is interested in applying for SIED funds. If these funds are awarded, Yakima Chief Hops will continue to grow and enhance the local community that we work in. Please advise on next steps for us to pursue an application for SIED funds. If you have any further questions regarding the importance of this, please don't hesitate to reach out to me directly. I can be reached anytime at ryan.hopkins@yakimachief.com Many thanks, Ryan Hopkins, Chief Executive Officer � g R I A N ® 509 453 4792 • FROM THE 306 DIVISION ST,YAKIMA,WA 98902 PACIFIC NORTHWEST" YAKIMACHIEF.COM