Missouri Flat Area Master Circulation and Financing Plan Phase II

HighwayExchange

The Missouri Flat Area has historically experienced high levels of traffic congestion due to its central location and existing commercial development. Roadway capacity improvements are needed to relieve existing traffic congestion and to create additional capacity for planned commercial development in the Missouri Flat corridor area. The Missouri Flat Area Master Circulation and Financing Plan (MC&FP) provides a mechanism for the County, in a cooperative effort with major property owners and developers, to fund improvements to the U.S. Highway 50/Missouri Flat Road Interchange and adjacent arterials and collector roads.

To assist with implementing required improvements in the Missouri Flat Area, the MC&FP has been divided into two phases. Phase I, established in 1998, provided an initial funding mechanism to address existing road deficiencies within the Missouri Flat corridor and helped to fund many of the recently completed improvements to the Missouri Flat Corridor, including improvements on arterials and on the freeway interchange with U.S. Highway 50.

The MC&FP Phase II provides a framework to fund additional major improvements, as needed, to the U.S. Highway 50/Missouri Flat Road Interchange and adjacent arterial and collector roads within the MC&FP financing area, but not identified as part of the MC&FP Phase I. Phase II is needed to continue and expand the work begun in Phase I to alleviate traffic congestion and facilitate additional anticipated commercial development on the Missouri Flat Road corridor.

In March, 2015, the County executed a contract with Economic & Planning Systems, Inc. (EPS) to assist the County with developing the MC&FP Phase II. The consultant team consists of: EPS (prime consultant, public finance and economic impact analysis), Kittelson and Associates, Inc. (travel demand modeling, traffic operations and design), Regional Government Services (public outreach), Quincy Engineering, Inc. (transportation cost estimates), and Ascent Technologies, Inc. (environmental review and analysis).

As part of the EPS contract, a dedicated project website was developed and is available at: www.edcmissouriflatupdate.com.

​Background Information

In December 1998, the Board of Supervisors approved Phase I of the MC&FP, which authorized a set of transportation improvements and commercial developments, including El Dorado Villages Shopping Center, Wal-Mart, and Sundance Plaza. However, as the County was proceeding with the MC&FP implementation through creation of the Community Facilities District (CFD), the Sundance Plaza Project faced problems with obtaining necessary U.S. Army Corp of Engineers permits related to wetlands (the Sundance Plaza site was designated as habitat for the Red Leg Frog). This ruling left the originally proposed development on the Sundance Plaza property in doubt. The removal of the Sundance project from the MC&FP, which was the largest single project included, rendered the originally conceived MC&FP infeasible, as the anticipated tax revenues and other sources of funding would be insufficient to cover the necessary improvements. As a result, implementation of the MC&FP was delayed.
The County subsequently concluded that implementation of the MC&FP could proceed once a “critical mass” of new retail development was secured, development that would generate tax revenue and provide sufficient security for bond proceeds to finance the transportation improvements needed for the development, including the Missouri Flat over-crossing. Supplemental funding could also assist by lowering the “critical mass” threshold.
Early in 2000 the County staff believed it would be possible to receive a grant from the State Transportation Improvement Program (STIP) sufficient to offset the loss of sales tax revenue from retail development of the Sundance site. Following emergence of the State grant, Fehr & Peers Associates, Inc. was retained to prepare and update the traffic analysis. County Department of Transportation (DOT) staff also prepared an update of road improvement costs and Economic & Planning Systems, Inc. was retained to update its feasibility analysis of the project reflecting the reduced retail development, increased road improvement costs, and new funding source. The feasibility analysis concluded that Wal-Mart and the El Dorado Villages Shopping Center provided the “critical mass” required, when supplemented with a grant from the STIP.
With the “critical mass” determination made, the next step was to create the Missouri Flat CFD No. 2002-01 (CFD). The development projects identified in the “critical mass” evaluation, Wal-Mart and El Dorado Villages Shopping Center, were required to join the CFD as defined in their respective Development Agreements and as a condition of receiving building permits.
The Missouri Flat CFD will serve two vital functions. First, the CFD provides a mechanism through which debt can be issued to fund the share of transportation improvements needed to address existing deficiencies in the Missouri Flat Area. Second, the CFD will provide a backup tax mechanism, supplementing the sales and property tax revenue generated by new development in the Missouri Flat Area that will be the primary source of payment of debt service on the bonds to be issued and related administrative costs.
On May 22, 2012, the Board directed staff to initiate MP&FP Phase II (see 5/22/2012 Agenda Item 43). Phase II would provide a framework to fund any necessary additional major improvements to the U.S. Highway 50/Missouri Flat Road Interchange and adjacent arterial and collector roads that will alleviate forecasted traffic congestion and facilitate additional commercial development in the Missouri Flat Road corridor.
On February 24, 2014, the Board directed staff to issue an RFP to seek consultant assistance for MC&FP Phase II (see 2/24/2014 Agenda Item 1).
On April 8, 2014, the Board selected a 20-year growth forecast as the starting point for the MC&FP Phase II development process (see 4 /8/2014 Agenda Item 12).
On June 20, 2014, a Request for Proposal (RFP) was issued to begin the MC&FP Phase II analysis. Proposals were due on August 1, 2014.
On March 30, 2015, the Board awarded RFP No. 14-918-090 for consulting services related to the MC&FP Phase II to Economic & Planning Services, Inc. of Sacramento to begin the MC&FP Phase II analysis (see 3/30/2015 Agenda Item 2).

​Board of Supervisor Agenda Items

Please note: These agenda items may not reflect the most current information and are subject to change. For the latest information on agenda items related to this project, refer to the County online agenda calendar: https://eldorado.legistar.com

2017

Date
ItemFile IDVer.Description
3/28/2017
37
15-0048 
5

Community Development Agency, Long Range Planning Division, recommending the Board authorize Master Circulation and Funding Plan (MC&FP) revenue for the completion of the MC&FP Phase II Study as originally directed by the Board on May 22, 2012 and as authorized on March 30, 2015.   

2015

DateItemFile IDVer.Description
12/7/20154
15-0048
4 Community Development Agency, Long Range Planning Division, recommending the Board consider the following: 1) Receive and file the history of the funding mechanism for Missouri Flat Master Circulation and Funding Plan (MC&FP) monies; 2) Receive and file the draft Final Missouri Flat Retail Market and Financial Feasibility Analysis Report; 3) Direct staff to proceed with the MC&FP Phase II; 4) Confirm the approach to public outreach for the MC&FP Phase II; and 5) Receive and file the updated MC&FP Plan Phase II project schedule.
3/30/2015 2
15-00483Chief Administrative Office, Procurement and Contracts and Economic Development and Community Development Agency, Long Range Planning Division, recommending the Board consider the following:
1) Conduct a workshop on the existing Missouri Flat Master Circulation and Funding Plan (MC&FP) Phase I and the proposed MC&FP Phase II;
2) If the Board determines that MC&FP Phase II should be initiated, consider the following:
a) Make findings that money collected from sales and property tax increment in the MC&FP area can be used to fund staff and professional services in the creation of Phase II of the MC&FP because creation of Phase II is consistent with and will further the achievement of the goals of MC&FP Phase I;
b) Make findings pursuant to Section 3.13.03 of the County Ordinance that it is more economical and feasible to engage an outside consultant to provide the expertise and assistance necessary to develop the MC&FP Phase II, as it requires unique financial, engineering, planning and public outreach expertise of specialists who routinely work in these areas;
c) Direct staff to remove Component 2 (the Business Parks Financial and Market Strategy Report) from the draft Agreement for Services;
d) Award Request for Proposal No. 14-918-090 for consulting services related to the MC&FP Phase II to Economic & Planning Services, Inc. of Sacramento; and
e) Authorize the Purchasing Agent to execute an Agreement for Services (Attachment 3C) not to exceed $450,000 for a three-year period, subject to review and approval by County Counsel and Risk Management.
2/10/2015 2315-00482
Chief Administrative Office, Procurement and Contracts and Economic Development and Community Development Agency, Long Range Planning Division, recommending the Board consider the following:
1) Make findings that money collected from sales and property tax increment in the Missouri Flat Area Master Circulation and Financing Plan (MC&FP) area can be used to fund staff and professional services in the creation of Phase II of the MC&FP because creation of Phase II is consistent with and will further the achievement of the goals of MC&FP Phase I;
2) Make findings pursuant to Section 3.13.03 of the County Ordinance that it is more economical and feasible to engage an outside consultant to provide the expertise and assistance necessary to develop the Master Circulation and Financing Plan Phase II and the Business Parks Financial and Market Strategy Report, both which require unique financial, engineering, planning and public outreach expertise of specialists who routinely work in these areas;
3) Award Request for Proposals No. 14-918-090 for consulting services related to the Missouri Flat Area Master Circulation and Financing Plan Phase II ($450,000) and Business Parks Financial and Market Strategy Report ($150,000) to Economic & Planning Services, Inc. of Sacramento;
4) Authorize the Purchasing Agent to execute an Agreement for
Services not to exceed $600,000 for a three-year period, subject to review and approval by County Counsel and Risk Management; and
5) Approve and authorize the Chair to sign a budget transfer allowing the funding of the Business Parks Financial and Market Strategy Report to be funded with Economic Development funding. ($100,000 transfer in Fiscal Year 2014/15; 4/5 vote required)
1/27/2015 4215-00481
  • A motion was made by Supervisor Mikulaco, seconded by Supervisor Frentzen to Continue this matter to February 10, 2015.
  • 2014

    DateItemFile IDVer.Description
    4/8/2014 1214-02454Community Development Agency, Long Range Planning, recommending the Board approve the Scenario 3 growth forecast as the starting point for initiating the Major Five-Year Capital Improvement Program and Traffic Impact Mitigation Fee updates.
    2/24/2014 114-02451Community Development Agency, Long Range Planning, recommending the Board consider the following:
    1. Receive information on El Dorado County’s General Plan Travel Demand Model
    2. Direct staff to proceed with one of the growth forecast scenarios as the starting point for initiating the Major five-Year CIP and TIM Fee updates; and
    3. Receive information on how the County implements General Plan Policy TC-Xa (Measure Y) and associated General Plan Policies TC-Xb through TC-Xi.

    2013

    DateItemFile IDVer.Description
    7/30/2013 2913-09241Community Development Agency (CDA) Long Range Planning Division presenting a workshop to begin the preparation of the 2014 Capital Improvement Plan (CIP), and requesting direction on the Board's preferred growth projection option for the CIP and Traffic Impact Mitigation Fee (TIM) Fee Program updates.

    2012

    DateItemFile IDVer.Description

    5/22/2012 4312-0643
    1Department of Transportation recommending the Board receive information and provide direction on the Master Circulation and Funding Plan for the Missouri Flat Corridor.










       If you have questions on the Missouri Flat MC&FP Funding Plan project, please contact:

    Natalie Porter, Project Manager
    Traffic Engineer
    natalie.porter@edcgov.us
    (530) 621-5442 Direct
    (530) 621-4650 Main