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HomeMy WebLinkAboutPort Policay #120o, a FORT O Attachment 2 San Diego Unified Pert Distrlat Document No. 57740 Filed MAY 3 12011 Office of the District dierk BPC Policy No. 120 SUBJECT: CAPITAL IMPROVEMENT PROGRAM (CIP) PURPOSE: To establish a policy for the orderly development or improvement of the capital assets of the Port District through a Capital Improvement Program ("CIP Policy"). PREAMBLE: The Unified Port District of San Diego has a responsibility to provide for the orderly development and improvement of the lands and capital assets under its jurisdiction to execute its State Tidelands Trust obligations. The Port District acknowledges that each area of tidelands in its trust offers different Public Trust assets and value, and that each possesses varying degrees of opportunity for development, real estate, maritime, recreation and conservation as well as constraints. The Port District, therefore, establishes this CIP Policy for the purpose of improving its CIP process and results. This CIP Policy is intended to facilitate capital development projects and budgets which are strategically cohesive, ensure clear and consistent treatment of all proposed capital projects on the tidelands, streamline the process, increase efficiency, reduce costs and improve outcomes. It is the policy of the Port District to evaluate and rank capital development projects as follows: • To reflect sound land use and capital improvement planning principles, as well as the strategic development, business and operational goals set by the Board of Port Commissioners ("BPC"). • To implement the appropriate and necessary sequencing of capital improvement projects based upon operational and business demands. • To ensure projects given priority have a direct relationship to the establishment or improvement of capital assets needed to facilitate upcoming priority developments and pressing operational needs. •• To distribute the Port's capital investments in a balanced manner throughout the tidelands located in all of the Member Cities. • To advance projects that are consistent with the Port District Act and the Port's numerous duties and state mandates: A) To serve as an economic engine for the region; Page 1 of 6 B) To be an environmental steward of the bay and tidelands; C) To provide public access to the waterfront; D) To provide recreational and community services as specified under the Port District Act; E) To ensure public safety and Homeland Security; and • To provide a process for identifying, evaluating and mitigating the detrimental impacts of tidelands operations on adjacent off -tidelands communities, including maritime terminal impacts that qualify for Maritime Terminal Impact Funds ("MTI F"). The CIP process will proceed as follows: 1. The CIP will be developed using a long-term land use planning strategy every five (5) years. Annually, each fall, the CIP program will be revisited, reevaluated and revised to ensure that the project selection and priority is consistent with the Port District's strategic goals (COMPASS) and the current business and operational needs in Tight of changing circumstances. 2. The CIP project selection process should be open, inclusive, efficient and effective by producing a program within a reasonable period of time. The resulting CIP program should reflect the Port District's specific strategic goals (COMPASS) and business or operational needs. A) Port Staff, Port Commissioners, representatives of Member Cities, Port Tenants, and other public stakeholders may propose CM projects for Port tidelands; B) Port Staff, Port Commissioners, and representatives of Member Cities may propose off -tidelands projects to address Port operational and marine terminal impacts using the process described below. 3. On -Tidelands Projects: For consideration during the annual and five-year CIP review process, a project proponent will develop for each proposed on -tidelands project the following objective assessment: A) A project description including a statement of need for the project; B) Identification of the specific strategic goals (COMPASS) the project addresses; C) A financial analysis of the costs of the project, the availability of grant funding or matching funds, as well as any expected return on investment BPC Policy No. 120 Page 2 of 6 57740 7i ("ROI") — including operational costs, maintenance costs, and life -cycle costs — of the project; D) An analysis of any anticipated non -monetary public benefits of the project; E) An explanation of the project's compatibility with existing, related development projects both on and off -tidelands (including non -Port District development projects); F) A rational assessment of the need for the timing of the improvements, and an explanation of the appropriateness of the timing of the investment; G) An explanation of how. the project implements or facilitates the implementation of the Port Master Plan or other approved plans; and H) An analysis of the project's potential to create future economic benefit or impact if no immediate economic benefit is identified. 4. Off -Tidelands Projects: The Port District recognizes that certain communities may be subject to disproportionate adverse impacts and constraints as a result of the presence of Maritime Terminals, and potentially other Port. operations on the tidelands, while at the same time enabling a significant benefit to the District, or region, as a whole. The Port District, therefore, includes as part of this CIP Policy a provision for the inclusion of off -tidelands projects in the CIP and the establishment of a Maritime Terminal Impact Fund (the "MTIF") as set forth below. For purposes of this policy, "Off -Tidelands Impacts" are defined as impacts to communities adjacent to, directly associated with, or which are a result of the Port District's maritime terminals and other operations, which are of a unique, adverse or exclusionary nature. Off -Tideland Impacts are recognized only when a direct relationship between the 'Port District's on -tidelands operations clearly result in adverse impacts that can be reasonably established as specified under the Port District Act. Examples of such impacts can include, but are not limited to, diminished air quality, heavy movement of vehicles or equipment through adjacent commercial or residential areas, or disproportionate degradation or use of public infrastructure such as roads, streets; sidewalks, all of which may occur within and disproportionately impact the communities in proximity to the Port's tidelands operations. The Port District is currently, and intends to remain, in compliance with all applicable regulatory requirements with respect to maritime terminal operations and adjacent impacts. The Port considers this element of the CIP policy to be BPC Policy No. 120 Page 3 of 6 57740 above and beyond compliance, to reflect best practices and sound land use planning principles, and to be in the public interest. Proponents of proposed CIP projects related to Off -Tidelands Impacts must present the following for inclusion in the CIP process: A) A project description .including a statement of need for the project; B) A statement of how the project relates to on -tidelands operations; C) Identification of the Off -Tidelands Impacts and a description, supported by independent verification, of the pro rata shares of the Off -Tidelands Impacts caused by on -tidelands operations on the off -tidelands infrastructure; D) A financial analysis of the costs of the project, the availability of grant funding or matching funds, how the Member City anticipates funding its proportional share of the costs, as well as any expected ROI — including operational costs, maintenance costs, and life -cycle costs — of the project; E) An analysis of any anticipated non -monetary public benefits of the project; F) A statement of whether the infrastructure impacts are the result of on - tidelands maritime terminal operations that would qualify for MTIF funding; G) An explanation of how the project implements or facilitates the implementation of the Port Master Plan or other approved plans; and H) An analysis of the project's potential to create future economic benefit or impact if no immediate economic benefit is identified. 5. Where a proponent proposes a CIP project, the Port District must receive the proponent's completed information regarding the project at least 60 days before the BPC begins its annual review of the CIP. Once this information is received, an objective Port Staff assessment of the project including the factors set forth in sections 3 and 4 will be prepared. That Port Staff assessment shall attach the proponent's information to the Staff assessment and forward it directly to the BPC as part of the public C!P process. 6. The proposed list of CIP projects, along with the proponent's information and Port Staffs assessment, shall be made publicly available at least 10 days before a CIP workshop or BPC meeting in which the CIP program will be considered. 7. Proposed CIP projects will be evaluated and ranked based on the following criteria (in no particular order): A) Contribution to the Port's strategic goals (COMPASS); BPC Policy No. 120 Page 4 of 6 57 740 4 B) Adherence to Port objectives and the Port District Act; C) Represents a balanced distribution of the Port District's proposed capital investment throughout the tidelands and Member Cities; D) Capacity to produce revenue and to enhance local and regional economic growth; E) Capacity to provide non -monetary public benefits; and F) Maintains off -tidelands infrastructure and mitigates Off -Tidelands Impacts necessary to support tidelands operations, particularly maritime terminal operations. 8. Funding for CIP projects will be established by the Executive Director consistent • with the BPC-adopted budget, and the calculations for MTIF funding. Only off - tidelands, maritime -terminal -related impact projects will qualify for MTIF funding. Funds for new CIP projects will be placed in a CIP reserve at the end of each fiscal year based on available unrestricted/undesignated reserves. Once in the CIP reserve, the funds can be allocated to projects in the five-year plan in accord with the procedures set forth above. Once a particular MTIF project is identified for funding, those funds will be placed in reserve at the end of each fiscal year without regard to actual revenues and expenses. CIP projects may be phased such that the completion of a phase of the project results in a complete and usable product even if the project in its entirety is not complete. 9. Maritime Terminal Impact Fund: On July 6, 2010, the Port District established the MTIF with an initial capital contribution of $500,000. Additional funding for the MTIF will include one-half of one percent (.5%) of gross maritime terminal revenues earned from the operation of the Tenth Avenue Marine Terminal and the National City Marine Terminal each year. These funds shall be in addition to other CIP funds allocated to capital. development or improvement to be put towards maritime - terminal -impact projects. 10. Reporting to the Board: The CIP budget once approved by the BPC shall constitute direction from the BPC regarding Port District administration of the program. The Executive Director will update the BPC periodically on the execution of the approved CIP program, and may propose on an individual basis, consistent with the objectives and analysis identified above, additional projects for BPC consideration and approval. If new or additional information is discovered during the implementation of an approved CIP project that makes the implementation of the project infeasible or impractical, then this information will be reported promptly to BPC Policy No. 120 Page 5 of 6 57740 5 the Board. 11. Notwithstanding any other provision of this policy, the annual funding for the CIP may be changed or otherwise suspended from time to time if the BPC makes a finding that, because of a fiscal emergency there is an established need for all or part of these funds to be expended for the repair, operation, maintenance or development of Port District infrastructure critical and paramount to the operation of the Port District. For purposes of this provision, "fiscal emergency" means an extraordinary occurrence or combination of circumstances that was unforeseen and unexpected and which requires immediate and sudden action of a drastic but temporary nature. RESOLUTION NUMBER AND DATE: 2011-45, dated April 12, 2011 (Supersedes BPC Policy 120, Resolution 202008-116, dated July 1, 2008; and Resolution 82-13, dated January 5, 1982) BPC Policy No. 120 Page 6 of 6 57740