Stormwater: Springs’ Mayor Bach has proposed a combination of debt and redirected general fund cash to fund needs

Fountain Creek Watershed
Fountain Creek Watershed

From KOAA.com (Steve Folsom):

Key facts of an independent study requested by Colorado Springs Mayor, Steve Bach were presented Wednesday. The independent engineering firm CH2M Hill was called in for a second opinion after a local storm water task force came back with storm estimates showing a jump from 500 to around $800 million regionally.

The independent audit looks only at the Colorado Springs portion of the storm water needs. It shows there are over 225 projects that need to happen totaling nearly $535 million. That is $152 million decrease from the report earlier in the year, but it also shows there are $162 million in projects that need to be treated with urgency, which is an $80 million increase. It is a total that is down, but also a need for more cash to quickly get moving on repairs and improvements.

Ideas on how to pay for it are causing debate. Mayor Bach unexpectedly presented and idea to combine borrowed money from bonds with funds redirected from the city’s general fund. There are many other elected leaders from the region who want to hold town meetings and discuss with voters the possibility of asking for a storm water property fee or tax on the ballot.

From The Pueblo Chieftain (Chris Woodka):

Mayor Steve Bach’s proposal to roll stormwater into the city’s other capital needs got a cold shoulder Wednesday from members of a task force that has worked for more than a year — and from Pueblo County.

Bach laid out his plan for funding critical stormwater needs to City Council, county commissioners and nearby communities following the unveiling of a study that prioritizes projects. “We’ve already stubbed our toe once on stormwater,” Bach said. “The worst thing that can happen is that we get turned down again (by voters). We’ve got to get it right.”

He proposed spending $100 million over the next five years, lumping it into a $175 million plan that also would fund streets, roads, bridges, public safety vehicles and parks. It would take 20 years to pay off the bonds. While the bond issue would require a vote, there would not be a tax increase since payments would be similar to the current bond structure.

Bach also made an overture to create a regional stormwater authority, but said it should be funded through contributions from individual communities, funded proportionately and managed by Colorado Springs. He also said the city could review progress and determine if more funding would be needed at the end of the five-year period.

But other public officials criticized Bach’s plan for failing to address regional issues and providing a stable, sustainable source of funding. “I’m alarmed by the mayor’s proposal, which seems to be a stopgap way of funding the needs. It kicks the can down the road,” said Ray Petros, Pueblo County’s water attorney. He said it does not fulfill the promises of Colorado Springs Utilities to have a stormwater funding mechanism in place when it obtained a 1041 permit from Pueblo County for the Southern Delivery System.

“We are willing to listen to constituents and we want to hear from the community,” said Keith King, council president.

The council and El Paso County commissioners are planning three town hall meetings to discuss stormwater before finalizing funding plans. The intention is to allow county voters the chance to approve a tax, fee or some other way to fund stormwater by 2014.

But the task force members emphasized no method has been selected. No dollar figure or timetable for capital projects has been developed either. Commissioner Amy Lathen called Bach’s proposal “uninformed,” because the mayor has not been meeting with the task force.

Commissioner Dennis Hisey, who serves on the Fountain Creek Watershed Flood Control and Greenway District, said regional cooperation is needed rather than Bach’s approach. “Stormwater starts high in the watershed

More Fountain Creek coverage here and here.

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