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Tim's Blog
Entries
January
20, 2010
Gateways to Lancaster
January 18, 2010
Refinancing
Bond the City's Obligations
January
10, 2010
Public Works
Working for You |
January 18, 2010
Refinancing
Bond the City's Obligations
Councilman Smith
is the new chair of the Finance committee, and several agenda items
have already come before his committee and, subsequently, before
Council. The most significant item he presented at his first
meeting was Ordinance No.3 – 2010, an ordinance held over from
November of 2009.
The ordinance
called for a refinancing of general obligation bonds from 2003. The
bonds, in large part, were purchased in 2003 to finance the new
police station. Patrick Hopkins, director of the city’s
Administrative Services, along with consultants Concord Public
Finance constantly monitor interest rates to determine when and if a
refinancing of bonds will be beneficial to the city.
Due to current
interest rates, an opportunity to refinance became desirable. It
should also be noted that the city’s current bond rating also
allowed for the refinancing. Our bond rating remains favorable
because of the recently passed 2010 budget that called for a
workforce reduction and tax increases. Neither of these decisions
was popular, but they were fiscally necessary-- as our favorable
bond rating bears out.
The 2003 bonds
were placed at an online auction where financial institutions bid on
their procurement. We have done this online auction procedure
several times in recent years (Pension Obligation Bond, Capital
Improvement Bond, refinancing of Swaption Bonds) and always with a
positive result. The January 12 auction was no different. The end
result was a 3.2% savings of refunded principal, or—to state it more
clearly—a $270,745 savings to the City taxpayers.
Comment on this
Blog entry: Comments should be directed to Councilman Roschel at his
email address. Comments are posted here.
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Jan 30, 2010 by Linda E., Lancaster City
Wonderful writing Tim. Thanks for
clearly explaining what's happening in the city, and how it
will benefit all of us. |
January
10, 2010
Public Works
Working for You
In recent news
articles and editorials regarding the city budget, much attention
has been given to potential police and fire department layoffs—as
well as an increase in property taxes. Not being discussed were the
severe cut-backs the Public Works Department has endured over the
past decade. Nor have we acknowledged the superb job this
department does in providing critical services to the city despite
these cut-backs.
The Public Works
Department has lost around 40 positions in recent years including
supervisors, laborers, managers, mechanics, and operators. Despite
these losses, the department has been able to provide the following
list of services:
City Operations
maintain 240 miles of streets and public alleys, 17,000 traffic
signs, 117 traffic intersections, 536 vehicles, and 22 public
parks. The Wastewater and Water Bureaus serve over 120,000
customers in the City and various municipalities in the County. The
wastewater plant treats 20 million gallons of wastewater per day and
maintains 135 miles of sewer lines. The two water plants that are
operated by the City produce an average of 20 million gallons of
water per day. They also maintain 573 miles of distribution piping,
42,000 water meters, and the water and wastewater labs analyze over
50,000 samples per year which is required by the Pennsylvania
Department of Environmental Protection. The Public Works Department
performs numerous other operations (not mentioned here) that are no
less significant.
The Public Works
Department is also taking the lead in finding ways to reduce energy
costs. At zero cost to the taxpayers, Lancaster is participating in
CitySmart, an energy management pilot program offered to selected
PPL municipal customers. The managers and supervisors from the
Public Works Department attended a CitySmart workshop where they,
along with the consultants, discussed building performance
benchmarks and best management practices. The consultants also
offered an energy audit report for three of our municipal buildings,
and an energy management master plan is forthcoming. I can say
firsthand that the city employees in attendance at the workshop were
enthusiastic about the program and also excited about finding ways
to cut energy expenditures.
Understandably,
most of us only think of Public Works when we have a complaint. But
I think due praise should be given to all the women and men of the
department whose daily professionalism and dedication tackle a
staggering amount of work that keeps our city running. Because let’s
face it, without properly cared for parks, streets, water and sewage
systems, Lancaster would not be the outstanding city that it is.
And just one final
note, many residents know that Rick Gray left his very successful
law practice (at a huge pay cut) to serve as our Mayor. The service
and sacrifice of Public Works Director, Charlotte Katzenmoyer,
should also be highlighted. Ms. Katzenmoyer has two advanced
degrees in engineering; she supervises over 200 employees; and she
manages a $41+ million budget. What would a CEO in the private
sector with that kind of responsibility be worth?
Comment on this
Blog entry: Comments should be directed to Councilman Roschel at his
email address. Comments are posted here.
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Jan. 16, 2010 by Paul Hentz, Manheim Township
Thank you Tim. This is the other
side of the story which the Lancaster Newspapers will not
print. Reducing energy cost is essential to controlling the
budget of both the city government and households in the city.
Please share through your blog the outcomes of the city's
energy audit. |
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January
20, 2010
Gateways to Lancaster
On January
12, City Council passed two resolutions authorizing the City
to apply for grant applications with the State of
Pennsylvania. Often introduced by Randy Patterson, city
Director of Economic Development and Neighborhood
Revitalization, Council passes resolutions like these all the
time, and almost always these resolutions go unnoticed and
underreported. I don’t think they should.
Both
resolutions are in regards to the former Lancaster Stockyards
site, a long time blighted property that serves as a gateway
to Lancaster City. The first resolution (Resolution No. 3 –
2010) authorizes a grant application to the Pennsylvania
Department of Community and Economic Development in the amount
of $1,000,000 for site demolition and improvements. If
awarded, the city will loan the money to the developer who is
performing the demolition, clearance, and constructing
improvements. The City and developers have agreed to
conditions prior to monetary disbursement which removes any
financial liabilities from the City.
The second
resolution (Resolution No.4 -2010) authorizes a grant
application for a Redevelopment Assistance Capital Grant in
the amount of $2.75 million for the construction of a
commercial office building-- again at the former Stockyard
site. For grants like this, the State requires a municipal
body (in this case Lancaster City) to be the applicant. The
City, acting as a pass-through, then transfers the money to
the developer. And again the developer guarantees the proper
use of these funds and removes the City from any financial
liabilities.
Ok, so why
should Lancaster residents care about these two resolutions?
For starters, tax revenue and jobs. Once completed, the
former Stockyard site will be a mixed use commercial site home
to several businesses with room and parking available for
future growth. These businesses will provide jobs and tax
revenue to the City. The Redevelopment Grant mentioned will
be used to facilitate a new CoreSource office. Currently
downtown, CoreSource outgrew their current location, and we
are pleased to keep their business within the city limits.
Another
reason to support the Stockyard project is changing the visual
image of that entrance into Lancaster. Go back a few years
with me to the former Harrisburg Pike entrance into the City.
Do you remember the salvage yard next to the Wendys, the empty
and decaying Federal Mogul building, and the grungy looking
view of the wasteland area between Harrisburg Pike and
Armstrong World Industries? Now drive by there today, notice
the difference, and imagine what it will look like once the
train tracks are removed and replaced with sidewalks,
lighting, trees, and athletic fields. (As a member of Council
in 2006, we passed a property rezoning ordinance that provided
for the current allowable uses.)
Now imagine
replacing the blighted Stockyard site with a thriving mixed
use business park. Add a new Lititz Pike bridge (set for
construction in 2011) replacing the structurally unsafe
current bridge and connecting directly into Duke Street, thus
eliminating that dangerous sharp right turn onto McGovern
Avenue. Now further add the several million dollar
beautification and renovation project upgrades at the Amtrak
station, and a complete transformation of that whole “gateway”
section of town becomes visible.
I should
also mention that there is a Gateway plan for that section of
town. It has been in the works for years and it’s the result
of a collaborative effort between the City, Manheim Township
and Lancaster County Planning. The improvements to this area
of town, along with Clipper Magazine Stadium, connect well and
feed into the improvements at the former Armstrong site and
F&M.
One final
reason for supporting the Stockyard project is farmland
preservation. The Stockyard land is located in a growth
opportunity area (GOA). County Planning designates GOAs as
targeted for commercial and residential growth. These areas
have the necessary existing infrastructure, and development
here takes pressure off our surrounding farmland for future
development. I worked in Delaware and near Philadelphia
within the past few years. On my way home from work, I always
knew when I was in Lancaster County. I grew up here and often
take it for granted, but Lancaster County does have some of
the most attractive farmland in the country, and—as a city
boy—I’d like to see it preserved.
Obviously,
the two grant application resolutions passed by Council are
only a small part of the overall vision discussed here. But
they are part of the plan; they are important; and I think the
residents should know what they are and why we passed them.
Let me know what you think.
Comment on this
Blog entry: Comments should be directed to Councilman Roschel at his
email address. Comments are posted here.
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