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HomeMy WebLinkAbout13 OCFA FIN PLAN 06-18-01AGENDA REPORT MEETING DATE: JUNE 18, 2001 350-05 TO: FROM: SUBJECT: WILLIAM A. HUSTON, CITY MANAGER RONALD A. NAULT, FINANCE DIRECTOR APPROVAL OF THE ORANGE COUNTY FIRE AUTHORITY FINANCING PLAN FOR THE REGIONAL FIRE OPERATIONS AND TRAINING CENTER CONSTRUCTION PROJECT NO. 13' ~ ,,[/ '/' SUMMARY: The Orange County Fire Authority (OCFA) has requested that its member agencies approve the issuance of not to exceed $28.5 million long term debt to finance the construction of their Regional Fire Operations and Training Center. RECOMMENDATION: Adopt Resolution No 01-62 approving the issuance of long term bonded indebtedness by the Orange County Fire Authority for the purpose of financing the Regional Fire Operations and Training Center. FISCAL IMPACT: The City's proportional share of the long term debt repayment obligation will be included in the calculation of cash contract charges pursuant to Article IV.3.B of the Amended Joint Powers Agreement. The total cash contract charge will not exceed the caps on annual adjustments. DISCUSSION: The Orange County Fire Authority (OCFA) has requested that its member agencies approve the issuance of long term bonded indebtedness to finance the Regional Fire Operations and Training Center. The following provisions from the Amended Joint Powers Agreement are applicable to this proposed debt issuance: · OCFA must obtain approval by two-thirds of its members to issue long term debt. · OCFA shall be a public entity separate from the members of the JPA and its debts, liabilities, and obligations shall not be the debts, liabilities, and obligations of its members. As a consequence of the latter provision, the obligation to repay this debt issuance falls on OCFA, not the individual members. The Authority has provided a Preliminary Financing Plan outlining the structure and terms of the proposed debt issuance (Attachment 1). A Financial Technical Advisory Committee (FTAC) was established by OCFA to provide an independent third party review of this financing plan. The FTAC reviewed and unanimously approved the Preliminary Financing Plan in April, 2001. Members of the FTAC include: · Tim Casey - City Manager, City of Laguna Niguel (Chair of the City Manager Budget and Finance Committee) · Ron Nault - Finance Director, City of Tustin · Gary Burton - Chief Financial Officer, County of Orange · Joan Steiner - Assistant Chief, Orange County Fire Authority OCFA held a workshop for their Budget and Finance Committee and Board of Directors to review and discuss the Preliminary Financing Plan on May 9, 2001. The Board of Directors unanimously recommended that the Plan be forwarded for final approval by the Board. OCFA staff also held a workshop providing an overview of the Preliminary Financing Plan for all member City Managers, Finance Directors, and the County's Assistant CEO on May 23, 2001. The Authority's Board of Directors approved the Plan on May 24, 2001 and adopted a resolution authorizing OCFA staff to submit the Plan to the members for approval by their City Councils/Board of Supervisors. A copy of OCFA's adopted resolution is provided as Attachment 2. OCFA's goal is to obtain approval by one hundred percent of its members. that each member adopt the resolution approving OCFA's issuance of indebtedness and return the executed resolution to OCFA by the end of July. OCFA is requesting long term bonded ult Ronald Finance Director RAN:ts Attachments: 1. Preliminary Financing Plan 2. Resolution of the OCFA Board of Directors Approving the Preliminary Financing Plan 3. OCFA Regional Fire Operations and Training Center Information Booklet RAN ApDrovalOfO~'an ..'~e Coun:yF~reAt. tn ~.~y F ~nanc~ng Pla..~ F~C 0n s:r uc[,onP~ o;.ect2C01 .coc 1 RESOLUTION NO. 01-62 2 3 4 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, APPROVING THE ISSUANCE OF LONG TERM BONDED INDEBTEDNESS BY THE ORANGE COUNTY FIRE AUTHORITY FOR THE PURPOSE OF FINANCING THE REGIONAL FIRE OPERATIONS AND TRAINING CENTER 5 6 WHEREAS, the City of Tustin is a "Authority"); and member of the Orange County Fire Authority (the 7 8 9 10 11 12 13 14 WHEREAS, the Amended Orange County Fire Authority Joint Powers Agreement dated as of September 23, 1999 (the "JPA Agreement") establishing the Authority requires that two-thirds of the members of the Authority approve the issuance of long term bonded indebtedness by the Authority; and WHEREAS, the Authority has requested that its member agencies approve the issuance of long term bonded indebtedness for the purpose of financing the Regional Fire Operations and Training Center (the "Facility"); and WHEREAS, the Authority has submitted to the City a Preliminary Financing Plan dated as of May 24, 2001; and WHEREAS, the City desires to approve the issuance of long term bonded indebtedness for the Facility as described in the Preliminary Financing Plan; 15 16 17 18 19 2O 21 22 23 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, does hereby resolve as follows: SECTION 1: Each of the foregoing recitals is true and correct. SECTION 2: In accordance with the JPA Agreement, the City hereby approves the issuance by the Authority of long term bonded indebtedness in a principal amount not to exceed $28,500,000 (the "Bonds") with a true interest cost not to exceed 5.5% and with a final maturity of not more that nine years for the purpose of financing the Facility. The City acknowledges that in the event that two-thirds of the members of the Authority approve the issuance of the Bonds, the Authority may issue the Bonds without any further approvals from the City. SECTION 3: This resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin on the 18th day of June, 2001. 24 25 26 27 ATTEST: Tracy Wills Worley Mayor 28 Pamela Stoker City Clerk ATTACHlvIENT 1 Orange County Fire Authority Regional Fire Operations Training Center (RFOTC) Preliminary Financing Plan May 24, 2001 ORANGE COUNTY FIRE AUTHORITY RFOTC - PRELIMINARY FINANCING PLAN TABLE OF CONTENTS II. III. IV. RECOMMENDED RFOTC FINANCING STRUCTURE ......................... l Ao B. C. D. E. F. G. H. BACKGROb~D ..................................................................................... 1 LEGAL STRUC'I-URE ALTERNATIVES ..................................................... 1 ANALYSIS OF CASH FLOWS REGARDING DEBT/CASH MIX .................. 2 SIZE OF ISSUE, COST AaND INTEREST RATES ......................................... 3 MATUR~TY/TER~ ................................................................................ 4 INTEREST RATE MODE ......................................................................... 4 RATINGS AND INSURANCE ................................................................... 4 METHOD OF SALE ................................................................................ 4 RFOTC CONSTRUCTION SCHEDULE AND STATUS .......................... 6 APPROVAL BY THE MEMBER AGENCIES ........................................... 6 RFOTC FINANCING SCHEDULE ............................................................. 7 SUMMARY OF 1 O-YEAR FINANCIAL FORECAST ......................................... EXHIBIT A SUMMARY OF ESTIMATED COSTS OF ISSUANCE ......................................... EXHIBIT B I. RECOMMENDED RFOTC FINANCING STRUCTURE A. BACKGROUND The OCFA Executive Committee selected a financing team consisting of a joint partnership of PMG Financial Consulting and Kelling, Northcross and Nobfiga, lnc serving as Financial Advisors; and Stradling, Yocca, Carlson and Rauth serving both as Bond Counsel and Disclosure Counsel. After careful consideration, the OCFA staff, the FTAC and Financial Advisor determined that the RFOTC should be structured as a fixed rate issue and be marketed as a negotiated sale. The OCFA Executive Committee then selected Stone & Youngberg to serve as Senior Managing Underwriter and Bank of America and J.P. Morgan to serve as Co-Managing Underwriters. B. LEGAL STRUCTURE ALTERNATIVES RECOMMENDATION: REVENUE BONDS OF THE AUTHORITY~ PAYABLE FROM OCFA NET GENERAL FUND REVENUES The legal structure recommended by the financing team is JPA revenue bonds payable from a pledge of net OCFA General Fund revenues (payment on bond debt service made after funding the OCFA's operations and maintenance expenditures). The OCFA has several structuring options; however, revenue bonds and certificates of participation (COPs) are the two most applicable structures given the complexity of the OCFA's credit and the market's acceptance of these structures. Revenue bonds are a type of m-exempt security issued by municipalities to finance capital improvement projects and equipment acquisitions. Revenue bonds differ from COPs in that the issuer must have the power to issue revenue bonds. The OCFA has this power. Revenue bonds are secured by a pledged source of revenues. The issuer generally pledges general operating revenues to pay the annual debt payments. The revenue bond structure xvas selected for several reasons. In general, revenue bonds are a familiar structure to the market and are favorably received by investors. For OCFA in particular, the revenue bond pledge highlights the broad pledge of revenues, including property tax revenues, which the Authority can make under State la,v; this power favorably distinguishes OCFA fi'om cities and most other municipal credits. Finally, this structure was selected to balance the operating requirements of the Authority xvith the requirements of bond investors. The revenue bond structure, however, requires a public hearing by the City of Irvine, the location of the project site, subject to Government Code Section 6586.5 (a) (2). The finding to be made is that the financing of the facility results in one or more significant public benefits as listed in government Code Section 6586. The significant benefit here is Section 6586(d), a finding that the facility will result in a more efficient delivery of local agency services to residential and commercial development. An alternative to issuing revenue bonds is COPs. COPs represent an undivided interest in the payments made by a public agency pursuant to a financing lease, or an installment purchase agreement. COPs are not treated as indebtedness of the issuer under state law. Under the typical COP lease financing structure, payment obligations are subject to; 1) annual appropriation of lease payments; 2) potential termination of lease payments if there is a loss of use of the facility; and 3) the need for borrowed interest (or capitalized interest). Another disadvantage of the COP structure is the required establishment of a non-profit public benefit corporation/authority for the purpose of serving as lessor in the financing. The following summarizes the terms and provisions of the RFOTC recommended revenue bond structure: LEGAl, STRUCTURE AUTHORIZING PARAMETERS TOTAL PROJECT COST BOND ISSUE PAR AMOUNT CASH CONTRIBUTION PAYMENTS INTEREST RATE MODE PAYMENT DATES OPTIONAL CALL PROVISIONS RATING TIMING J-PA REVENUE BONDS $28.5M NOT-TO-EXCEED TOTAL BOND ISSUE; 5.5% NOT-TO-EXCEED INTEREST RATE APPROXIMATELY S50M APPROXIMATELY $25M (NET AFTER 10% RESERVE AND COST OF ISSUANCE) APPROXIMATELY $25M ($22M FROM OCFA CAPITAL RESERVES, $3M FROM STATE GIL~,NT) APPROXIMATELY S4. I M / 9 YEARS / LEVEL ANNUAL FIXED ~'VI_ARCH AND SEPTEMBER TO BE DETERMINED, WILL EVALUATE THE COST IMPLICATIONS OF 7 YEAR PAR CALL EXPECT INSURANCE AND RATINGS (MOODY'S/S&P) SEPTEMBER 2001/ TO COINCIDE WITH AWARD OF CONSTRUCTION CONTRACT C. ANALYSIS OF CASH FLOWS REGARDING DEBT]CASH M~X RECOMMENDATION: ACHIEVE A 50/50 DEBT AND CASH MIX The Authority's projected cash riOT indicates that the debt repayment can be comtbrtably managed over a nine-year term, avoiding the complexities of structuring the repayment beyond the current 10-year member commitment period. The RFOTC financing will entail both a $25 million cash contribution from OCFA and a bond financing £or $25 million in net proceeds. Having examined OCFA's balance sheet, the OCFA staff, FTAC and financing team believe that this 50/50 mix accomplishes an optimal mix between cash and debt financing. The proposed amount of debt leaves OCFA with debt service requirements of approximately 3% of its projected 2001/02 operating revenues. By way o~' comparison, according to Moody's Investors Services, the median debt burden for all Cali['omia cities is 3.5%, for cities with polm~Iations in excess of 250,000 is 6.4% and for counties is approximately 2.4%. Taking into account future lease payments under the OCFA's master lease program, the projected debt burden goes to approximately 4.25%. OCFA should be viewed as having a moderate and manageable level of debt by the rating agencies and one of the credit strengths is the relatively fast amortization of the debt (nine years). From the perspective of available fund balances, a $25 million cash contribution results in reasonable and prudent unreserved fund balances over the next several years, even affcr accounting for the 15°,4 operating'reserves and other reserves. This is a reasonable and prudent level of available balance for capital and operating contingencies. A cash flow summary is attached as Exhibit A. It is important to note that the cash flow projection assumes a very conservative rate of property, tax growth, assuming only Y2 of the growth projected by RSG for the fiscal years 2003/04 through 2009/10. The exact amount of the cash contribution will be £malized ~ollowing the receipt of construction bids in order to provide sufficient funds in the event bids come in higher than estimated. D. SIZE OF ISSUE, COSTS AND INTEREST RATES RECOMMENDATION: NOT-TO-EXCEED PAR VALUE !.iV. T~_REST .~4 TE OF $28.5 MILLION AND 5.5% Based on funding $25 million in net proceeds, the estimated amount of the bond issue would be $28,115,000, including a 10% debt service reserve fund (which is ultimately applied to debt service), estimated costs of issuance and undenvriter's discount of approximately $300,000. A summary is attached as Exhibit B itemizing the estimated costs of issuance. This estimate does not include a bond insurance premium. Bond insurance will be pursued and evaluated for cost effectiveness in light of any conditions imposed by the bond insurers. If insurance is obtained, the amount of the issue would increase t:,trt debt service ,~,cu!d be lower compared to an uninsured issue. Based on market conditirjns as of mid April, annual gross debt service would be slightly under $3.86 million. The estimated true interest cost, which takes into account the interest rates and underwriting discount, would be a little under 4.5%. Based on the current timetable, the bond sale is scheduled to take place in September. The actual interest rates are subject to market conditions at the time the bonds are sold. Interest rates may move.as a result of general interest rate movements as well as supply and demand conditions specific to the municipal market and the State's issuance of power related debt. To provide room for potentially higher interest rates, it is recommended that the not-to-exceed true interest cost for the purpose of member agency approval be set at 5.5%. At the not-to-exceed level the annual debt service increases to approximately $4.1 million, which is supportable by the cash flows. The not-to-exceed par value of the bonds is $28.5 million. This contingency will OCFA staff operating flexibility to complete the financing. E. MATURITY/TERM RECOMMENDATION: NINE-YEAR AMORTIZATION MATCHING REMAINING NINE YEARS ON lO-YEAR SERVICE CONTRACTS Investors will be particularly interested in the amortization of the OCFA's debt based upon the length of the OCFA's contracts with its participating members. Assuming a September 2001 issuance and given the fact that the OCFA will have nine years remaining on its I O-year contracts to provide services to member cities, the financing team recommends a final maturity that matches the remaining life of the contract re/m, 9- years. Another approach is to amortize the debt further beyond l0 years. Due to the uncertainty of member agency participation beyond the current contract period and given the OCFA's demonstrated ability to fund nine-year debt service on a $28.5 million bond issue based on the Authority's cash flows, the financing team is recommending against issuing bonds with a maturity exceeding nine years. F. INTEREST RATE MODE RECOMMENDATION: FIXED RATE MODE The financing team recommends that OCFA issue its bonds in a fixed-rate mode. There is sufficient uncertainty regarding your long-term cash floxvs, both in terms of revenues and long-term reserves, that we cannot recommend that you incur any additional risk in the form of variable interest rates. Furthermore, a variable rate structure may add a level of complexity (for example, letter of credit counter-party risk and interest rate volatility) that may make gaining member approval more difficult. RATINGS AND INSURANCE RECOMMENDATION: PURSUE BOTH INSURANCE AND RATINGS Given the complexity of the OCFA Joint Powers Authority, the number of member agencies and various credit considerations, the financing team recommends soliciting bids for municipal bond insurance. An insurer will be selected based on the lowest most responsive bid. Also, ratings will be requested from both Standard & Poor's and Moody's. Rating results should be received during July 2001. If the OCFA receives an "A" or better rating from both agencies, the financing team will evaluate the cost effectiveness of insurance given the cost of the lowest bid. H. METHOD OF SALE RECOMMENDATION: NEGOTIATED SALE TO ALLOW FOR EXTENSIVE RETAIL PRE- MARKETING (AS APPROVED BY THE BUDGET & FINANCE AND EXECUTIVE COMMITTEES) The two most common sale methods are competitive and negotiated. Under the competitive sale method, the OCFA would solicit bids from underwriters to purchase its 4 bonds. The bonds are sold to the bidder that submitted the lowest overall interest rate. With a negotiated sale, the issuer selects the underwriter in advance. The underwriter participates in structuring the issue, and the issuer participates in agreeing to interest rates and underwriter spreads based on various market factors. The RFOTC issue will be sold through a negotiated sale to produce the lowest overall cost of financing. Listed below are some of the areas we considered ~vhen making this recommendation. OCFA Credit Complexities · OCFA has not previously issued debt and does not plan to issue additional debt in the foreseeable future. This is a drawback because the OCFA is an unknown credit in the long- term tax-exempt market and OCFA debt will be considered less liquid in the secondary, market compared to frequent issuers. · OCFA has severely limited revenue raising ability and little control over its key expenditures. The financial condition of each cash contract city is relevant to OCFA's overall credit, which adds some degree of complexity. This is further complicated by the caps on the cash contract charges. · OCFA has exposure to future labor negotiation issues due to the potential for binding arbitration in future contract negotiations. · The introduction of AB 1104 by Assemblyman Maddox represents a credit issue because of the uncertainties posed by this legislation. · The RFOTC financing structure will be somewhat unique when compared to "plain vanilla" revenue bonds or Certificates of Participation. Retail Marketing · OCFA debt is expected to be attractive to the large retail investor base living in Orange County and elsewhere in California due to the quality of the underlying tax base and economy and the relatively shorter term of the debt. · Retail investors are not as yield sensitive as institutional investors such as mutual funds; therefore, retail investors may accept a lower yield, resulting in savings to OCFA. · A negotiated sale permits the use of an exclusive retail order period which may be targeted to Orange County/Southern California investors. Unstable Market Conditions · The financial markets have been fairly volatile. Therefore, it will be advantageous to have the flexibility ora negotiated sale, allowing OCFA some greater flexibility, in timing its bond sale than could be accommodated with a competitive sale. The volume of bonds in the market is growing, and this factor is compounded by the large upcoming State issuance of power and transmission bonds. With a high volume of competing bonds in the market, attracting investor interest to OCFA's smaller issue can be more difficult. II. RFOTC CONSTRUCTION SCHEDULE AND STATUS The OCFA accepted an irrevocable offer of dedication from the Irvine Company for 16.5 acres of land to be used for the RFOTC. The property is located in the City of I~'ine and was valued at over $10 million in 1996 and currently is estimated to be worth S16 million. In addition, in 1999 the OCFA ',,,'as awarded a $3 million state grant for the construction of a training facility. The total estimated cost of the RFOTC is $50 million. Therefore, all debt analyses are based on a net cost of S47 million. Once completed, thc new facility will house a 24-hour Emergency Communications Center, a Training Center, an Automotive Center, a Material Management Center, administrative and executive functions, and a Public Services and Support Center. A conceptual four-year project and baseline implementation plan has been developed for the RFOTC. The information below summarizes past and future RFOTC implementation progress: FY 2000/2001: OCFA took ownership of the property, hired a construction management team; updated the needs analysis, hired an architect, and developed the budget for the project. FY 2001/02: OCFA is overseeing the completion of the projcct dcsig-n, awarding the construction contract, and hiring an essential facilities inspector. FY 2002/03: OCFA will monitor the actual construction, develop furniture and moving plan, and make preparations for the disposition of cun'ent OCFA headquarters' properties. FY 2003/04: OCFA will implement the relocation to the new faciliw and the disposition of current buildings. III. APPROVAL BYTHE MEMBER AGENCIES The Authority's Amended JPA document requires that any long-term bonded indebtedness to be incurred by OCFA be approved by two-thirds of the member agencies. IV. RFOTC FINANCING SCHEDULE Following is the current financing schedule for the purpose of indicating the steps and time frames for implementing a debt transaction for the financing of the RFOTC. The timeline reflects that bonds will be priced in September 2001 and the financing will coincide with bid award. Date April - May, 2001 May 9, 2001 May 24,2001 Week of May 21, 2001 June - July, 2001 July 11,200l Activity Financing team'staff prepare recommended financing plan. review plan with the FTAC. First draft legal documents and preliminary official statement. Present workshop on prelimina~' financing plan to the Board of Directors. Present preliminary financing plan to the Board of Directors for approval. Workshop for all Member Cities and Count)' - Overview of Financing Plan. Make presentations to rating agencies and bond insurers. Obtain member cities/county approval of financing plan (2/3 member approval required). OCFA staff to assist as needed with presentations to City Councils/Board of Supervisors. Present Preliminary. Official Statement to the Budget and Finance Committee. July 20, 200 l July 26, 2001 July 27, 2001 Sept 12. 2001 Sept27,2001 Obtain ratings and insurance bids. Obtain approval from the Board of Directors to distribute the Preliminar3' Official Statement. Print and mail the Preliminary. Official Statement. Present final financing plan and documents to the Budget and Finance Committee. Obtain final approval of the financing plan and documents from the Board of Directors. Price bonds, award construction contract, and sign the bond purchase contract agreement. ATTACHMENT 2 RESOLUTION NO. 2001-07 RESOLUTION OF THE BOARD OF DIRECTORS OF THE OIL4~NGE COUNTY FIRE AUTHORITY APPROVING A PRELIMINARY FINANCINO PLAN' FOR THE REGIONAL FIRE OPERATIONS & TILMNING CENTER WHEREAS, the Board of Directors (the "Board") of the Orange Count' Fire Authority (the "Author/ty") desires to issue long-term bonded indebtedness to finance a Regional Fire Operations & Training Center (the "Facility."); and WHEREAS, the Aa,nended Orange Count],.' Fire Authority Joint Powers Agreement dated as of September 23, 1999 (the "JPA Agreement") requires that the Authority. obtain the consent of not less than two-thirds of its members in order to issue long-term bonded indebtedness; and WHEREAS, there is on file with the Clerk of the Board a PreliminaO' Financing Plan dated as of May 24, 200l (the "Preliminary. Financing Plan"); and WHEREAS, the Authority desires to approve the Prelimina.q,.' Financing Plan and submit it to its members in order to obtain their consent to having the Authority issue long-term bonded indebtedness to finance the Facility; NOW, THEREFORE, the Board of Directors of the Orange County Fire Authority HEREBY RESOLVES as follows: 1. Each of the above recitals is true and correct. The Preliminary. Financing Plan is hereby approved and the Fire Chief, and his designees, are authorized and directed to submit the Preliminary. Financing Plan to the members of the Authority. and to request that the members approve the Authority to issue up to $28,500,000 of long-term bonded indebtedness (the "Bonds") with a true interest cost not to exceed 5.5% and a maturity of not more than 9 years in order to finance the Facility'. The Fire Chief, and his designees, are authorized to take all steps necessao' to obtain the approvals of the member agencies and to cause the necessao' financing documents to be prepared for submission to this Board at a later date. This Resolution shall take effect immediately upon its adoption. Chai fthe OCFA Board of Directo'rs DOCSOC~817505v P24381.0001 Resolution No. 200 !-07 Page - 2 STATE OF CALIFORN'IA COU.,'NTY OF ORANGE CITY OF OI:L,-XNGE SS. I, Nancy Swanson. Clerk of the Orange County Fire Authoriu', do hereby certit5' that the tbregoing Resolution No. 2001-07 was duly passed and adopted at a regular meeting of the Board of Directors of the Orange County Fire Authority held on the 24th day of May, 2001 by the following roll call vote, to wit: AYES: NOES: ABSENT: Bob Bell, Villa Park; Steve Berry., alternate, Buena Park; Ken Blake, La Palma; Shawn Boyd, Seal Beach; Joe Brown, Laguna Niguel; Sherri Butteffield, Mission Viejo; Carol Gamble, Rancho Santa Margarita; John Greiner, San Juan Capistrano; Tony Lam, Westminster; Chris Lowe, Placentia; Frank McCoy, Cypress; Marilynn Poe, Los Alamitos; Susan Ritschel, San Clemente; Dr. Brenda Ross, Laguna Hills; Ken Ryan, Yorba Linda; R. Craig Scott. Laguna Hills; Todd Spitzer, Count?' of Orange; Tracy Worley, Tustin; Helen Wilson, Lake Forest. None. Harold Kaufman, Dana Point; Patsy Marshall, Buena Park; Chris Mears, Irvine; David Sha'~wer, Stanton; Tom Wilson, County of Orange. NANCY SWANSON Clerk of the Orange Count' Fire Authority Regional Fire 0 perations & Training Center 0 C F A Orange County Fire Authority Board of Directors Shawn Bo,/d, Seal Beach Chair Susar~ 13itschel, San Clemente Vice Chair Tedd Spitzer, Coumy of Orange '[orn Wilson, County of Orange (TB'3), Alisio Viejo Patsy Marshail, Buena Park Frank McCoy, Cy.~ess I-tarold Kaufman, Dana Point Chris Mears, Irvine Ken Blake, La Pa!ma R. Craig Sco~t, Laguna Hil!s ,Joe Brown, La,quna Niguel Dr. Brenda Ross, La§una Woods Helen Wilson, Lake Forest Marilyn.q Poe, Los Alamitos Sherri Butterfield, Mission Viejc Chris Lowe, Placentia CaroJ Gamble, Rancho Santa Margarita John Greinor, San Juan CapisLranc David Shawver, S~.anto;} Tracy Wills Worley, Tustin Bob Bell, Villa Park Tony I.am, Westminster Ke,~ Ryaq, Yorba Linda Orange Connty Fire Authority PO Box 86, Orange. CA 92856-9086 * 180 S. Water St., Orange CA 92866-2123 Chip Prather, Fire Chief(714) 744-0400 www.ocfa.org April, 2001 Dear Friends: I would like to share with you tile OCFA plan to "Safeguard tile Future." Tile following pages contain information developed to inform Orange County Fire Authority residents and businesses of our vision to build a new Regional Fire Operations and Training Center. This campus will be comprised of 911 emergenq, communications center, training, and public safety support facilities which will meet the needs of current and future Orange COtlnty generations to come. This document highlights why the center is needed and bow it will improve the reliability of fire protection and emergency medical service systems. The time for undertaking this project could not be more appropriate. The dedication ora 16.5-acre site, a S3 million planning grant from the State, and a positive financial forecast aJI contribute to making this campus feasible. We have developed an extensive public outreach effort to the communities surrounding the project to keep them informed on the progress of our project and elicited their input oil design consider- ations. OCFA elected officials who play a key role in approving the design, budget and financing requirements are also provided with regular briefings and updates on the project. I personally extend an invitation to each of you to share our vision and support this important under- taking which allows us to meet the future emergencs, services needs of our communities. Sincerely, Chip Prather Fire Chief Serving the Cities of.' Alisio Viejo · Buena Park · Cypress · Dana Point · h'vine · La Palina · I.aguna Hills ° Laguna Niguel · Laguna Woods · I.ake Forest · Los Alamilos ° Mission Viejo ° Placenria · Rancho Santa Margarita · San Clemente ° San Juan Capistrano · Seal Beach · Stanton ° Tustin · Villa Park ° Westminster o Yorba Unda and Unincorporated Areas of Orange Counq, Our Vision You can count Oil uS... Every member of the Orange County Fire Authority contributes to the quality of life within our communits'. We protect and support the needs of our "neighbors" to the fullest extent possible while helping and supporting ourselves. We believe in our proud traditions and our dynamic future. Our community respects and values our services and we constantly reinforce that the responsibilities with which we are entrusted are well placed. Our Mission We proudly serve the changing needs of our communities by providing.the highest quality regional emergency, safe~y, and support ser,&es with: Professionalism Enthusiasm Organizational Integrity Pride Leadership Effectiveness Our people pledge a commitment to preserving the quality of life. We protect lives, propert3;, and tile environment with compassion, vigilance, and dedication to excellence. Table of Contents Introduction page 1 Executive Summary page 3 Project Overview page 7 Financial Strategy page 10 Conclusion page 11 Appendix page 13 OCFA I n troduction Ever since the Orange County Fire Oopartment was formed in 1980 and later became the Orange County Fire Authority (OCFA)in 1995, a new training center has always been a distant dream. That dream, however, is qow becoming a reality as progress continues with the new Regional Fire Operations and Training Center or RFOTC. To embark on this large and complex project, it was necessary to retain the services of a strong project management firm. In July 2000, the local Orange County firm of Holmes & Narver was selected to oversee and advise OCFA on all aspects of the project through move-in. The international company of Hellmuth, Obata, and Kassabaum (I-t01(), was hired in September 2001 as the design professional to finalize a needs assessment, develop design plans, and provide design administration through construction. Pending financing approval from OCFA's 22 member cities and County of Orange in early summer 2001, groundbreaking and construction is planned for fall 2001. ]'his document provides an overview of the Regional Fire Operations and Training Center (RFOTC) project. It is intended to give readers insight into OCFA's need to design and construct a 911 emergency communications center, fire training, and support facilities. This document is broken down into four sections. · The first section is an Executiv-~ Summary providing an overview of the business need for a new headquarters campus. · 'ihe second section will present a Project Overview with a brief description of the components lor the new campus. · The third section will discuss Financial Strateg!es being considered to pay for the project. · The fourth sec[ion is the Conclusion: summarizing the need for the headquerter campus. · The Appendix provides a erie[ Overview of the OCFA, its membership, the services provided and how it operates. Executive Summary The Orange County Fire Authority (OCFA) serves as the fire departrnent for 22 Orange County cities and the County's unincorporated area, and is committed to serving more than 1.2 million citizens. Primary services include firefighting, emergency medical services, hazardous materials response, and search and rescue. Additional responsibilities include fire code enforcement, plan review, and public safety education. These services are provided by 1543 employees that includes 754 career firefighters, and 483 reserve firefighters who respond from 63 fire stations. Support staff are located throughout facilities located in the Cit3, of Orange. Challenges faced by OCFA personnel require a high degree of preparation and training. While the cornerstone of the department is primarily fire protection, fire prevention, and emergency service delivery, the department also reaches into the community through activities such as, Junior Firefighter programs in the schools, the Explorer program, CPR training, and participation in community events. Statement of OCFA's Current Facili~' Issues When the OCFA became an independent organization by forming a Joint Powers Authority IJPA)in 1995, it absorbed many of the responsibilities and services that had previously been perfor.m, eo by the County. To respond to this growth over the years, OCi-A increased space by remodeling and enlarging older buildings which now includes 13 facilities spread throughout the City of Orange. These properties represent over 70,000 sf of space, of which over 28,000 sf is leased. The existing Headquarters in Orange, consists of a 911 emergency communications center, vehicle maintenance and repair, warehousing, equipment repair, tire prevention, a training office, administration and support activities. While some activities are located in decentralized leased facilities, the majority of tho essential facility functions occur in structures that were constructed in or before the 1960's. These facilities do not meet modern earthquake or security standards; do not have reliable utilities; are undersized; and do not allow for expansion to keep pace with changes in technology. In addition to the physical condition of these facilities, the separation of support departments spread out over multiple locations, most within leased space, is not cost efficient and does not encourage or support effective management and communication goals or practices. Despite the importance of training for firefighter safety and performance, the OCFA does not have a dedicated training facility. As one of the largest fire departments in the State of California. there is not adequate classrooms or areas to practice the most basic of firefighting techniques. Training must be scheduled at facilities owned by others. OCFA, and the community its serves, would benefit from a modern trainlng comp!ex where timely, consistent, and verifiable training can be conducted. For a number of years the OCFA has known that it needs a major new complex and now there is an opportunity and plan for building it. Setting tile Stage with Our Accomt)lishments Over the past several years, 0CFA has been successful in making significant strides towards a new Regional Fire Operat:.ons and fraining Center, due in part to the following accomplishments: · Secured ownership of a 16.5 acre site centrally located in the Cit,/of Irvine. The property was obtained from The Irvine Company and is valued at $17 million. It was obtained at no direct cost to the 0CFA. A Conditional Use Permit was also obtained which allows the project to be constructed on this property. In!ersection of Jarnboree Road and TusSn Ranch Road · Received a S3 million state grant to begin site development and fund initial project start-up costs. of any financing plan associated with the project and also assists in selecting finance professionals for debt financing. · Entered into lO-year service contracts with member jurisdictions that allow for organizational stability and for financing to be achieved. · Retained the services of Holmes & Narver at a cost of $2.9 mil!ion for all phases of the project through move-in. Holmes & Narver is an experienced project management firm who provides a high degree of assurance that the project will be completed on time and on budget. · Engaged the architectural/engineering firm of Hellmuth, Obata, and Kassabum, at a fee of S3.1 million, to finalize a needs assessment for the project in order to establish square footage and adjacency requirements. With valuable input from the Board of Directors, City of Irvine, City of Tustin, The Irvine Company and interested community members, a project design and cost estimste of S50.4 million was established for the project. The Project The project site, known as the Regional Fire Operations and Training Center (RFOTC), is located at the intersection of Jamboree Road and Tustin Ranch Road in northwest Irvine. The 16.5-acre complex will house the following essential fire service components: · An Emergency Communications Center to house 911 systems and dispatch staff, radio, paging, and telephone communication systems, expanded dispatch, an emergency policy center, information systems. Back-up emergency power will allow the facility to remain operational during and after major emergency events. Initiated an aggressive Cornmunib/Outreach Program with the adjacent residential area neighborhoods and he!d two town-hall meetings to present project information, obtain input, and answer questions. Two signs were installed at the existing site entrance to indicate the nature of the proposed project, including a designated contact number for questions. A community web site was also developed to provide interested persons with updated information (RFOTC.COM). A dedicated Training Tower and Grounds designed to provide firefighters with classroom education and hands- on training props that provide realistic and simulated hazardous work environments. Training for emergencies before they happen insures a proper and safe response in the community. An observation window in the training tower will allow the public to watch firefighters conduct various training activities. ' .' .,'."('!:i ~."~;-~ ~*?~!..~:.~ .."::," :.!~)..",',.'..'.,.;,. ~.'..~,;.~:......:~.'..":'~.':...?:'".C':'::,':.,' .' ~"~"~"' '*."i~;' · :'.'.'.~:';-~';~.~ ;,~,~"-;~,,~ ..'~ ~:~ ~ '~'~? '~.'.;~:'~ ~i:~ ~,77~!.~;: ~,.'":,.'.:::.. ·: · Conducted a financial analysis to verify the project's~~¢~.,..~.,~ ;.. , -,~;,,'... ~ ~..;. ¢,. :.:;~.' -.',~ ~, affordability. Established a Financial lechnical Advisor,/ :~'~' ~ .... Committee to provide an independent third party review ~~.' r''~''''i~''~ 4 · Make presentations before the governing boards of each member agency to obtain approval of the financing plan with final approval of financing by the OCFA Board of Directors in August 2001. · Award a public works construction contract in September 2001 with groundbreaking to be held in October 2001. · Begin construction November 1 for a period of 18 months. · An Automotive Maintenance Facility that will provide optimal working conditions for safe and efficient maintenance, repair and testing of fleet vehicles and equipment. An adjacent materiel warehouse area will allow for organized storage, maintenance, construction and repair of essential supplies and equipment. · A Public Services and Support Facility designed as a centralizec~ one-stop customer service center that includes Fire Prevention, Community Relations & Educatioo, a Training and Education Center, Human Resources, Clerk of the Authority, Finance, and other administrative support functions. Estimated Cost Based on the results of the program needs assessment and subsequent schematic design efforts, a target budget was established at $50.4 million. This estimate represents the total cost of the RFOTC project including program management, design professional fees, facility construction, co,'lstruction contingency, furniture, fixtures and equipment costs (FF&E). The Schedule Maior milestones necessary for the remainder of the project and respective dates to meet them are as follows: · Submit a financing plan to the OCFA Board of Directors for preliminary approval in May 2001 and conduct a workshop for all member agencies to inform them about the plan's provisions. · Transition to new facility by August 2003 and continuing through August 2004. A Window of Opportunit3' In 1997, a preliminary needs assessment was performed to assess organizational needs and determine if the proposed 16.5-acre site in Irvine would accommodate OCFA needs. It concluded that the best-fi~ solution to support OCFA's functional needs was a headquarters and training complex organized in e "campus like' settiqg. Given the current economy, the OCFA has a window of opportunity to build a new headquarters, 911 Emergency Communications Canter, and training complex at the lowest possible cost it will likely ever see. With the contribution from The Irvine Company, which dedicated the land, and the State of California, which provided S3 mi!lion for initial planning and project management, the Regional Fire Operations and Training Center (RFOTC) is ready to become a reality. The primary goal of the RFO'rC will be to meet the organization's functional objectives to enable the OFCA to provide quality emergency services to its membership. The RFOTC is more than just buildings and grounds. It will be the nerve center of the 0CFA, and will provide employees w!th the right tools and resources to do the job they are entrusted to do. Tile RFOI'C's role will be no less than to help "Safeguard the Future" for all those served. · Complete design work and submit for plan review in July 2001. 5 New Regional Fire Operations and Training Center .........~ I1:~_....-E~..~.~.~...,,:_ .. ..,."~'"~ ~'~7~ ..... -'5'*'~ ~ .- . . . ......_. .... ...,.~.,~~-~: ~ ......... ~ .... ~ .' ~~~'.:.:. ~ ....- .... . ~'. :,~- .: ., '.. ._~ · ... ... .... ,.. .....-.... ........ I.I .... [ ....... ..:..' . ......... .'~,: : :: ..~ .... :. "--: .... P reject Overview With the support of Holmes & Narver, the project management firm, Hellmuth, Obata + Kassabaum (HOK) was selected as the design professional for the new RFOTC. Their extensive validation efforts of the OCFA program needs provided the basis for the schematic design phase. In keeping with the OCFA "Good Neighbor" policy, several meetings were conducted with the local community neighbors, The Irvine Company, the City of Irvine, the City of TusIin and local utility companies to obtain input on key design and development issues such as: · Exterior Lighting · Trees for Screening · Exterior Materials & Finishes · Noise A, enuation · Elevations · Roof Design & Materials · Building Orientation · Energy Efficiency · Traffic Flow The feedback provided was developed into the innovative design keeping with the surrounding neighborhood. Throughout tile schematic design process value engineering efforts were implemented to maintain the project target budget. The following paragraphs provide a brief description of each component and their role in supporting the OCFA's functional needs. 'Fhe New 911 Eme~,gency Communications - 23,896 Square Feet Tile 911 Emergency Communications Center is being designed and constructed with base isolation to withstand almost any earthquake or emergency. It will be the nerve center for all- essential computer, network, operations and systems equipment including a 911 system, radios, telephones, information systems, and emergency power. Utilities, such as power and telephones, will be designed to ensure redundancy and reliability to the site. The new center will allow emergency communications staff to meet mission essential needs including efficient and reliable receipt and dispatching of 911 emergency calls. The Ne~v Training 'lbwer and Grounds - 24,009 Square Feet The proposed Training Tower and Grounds is planned around a campus-style environment witi~ specialized facilities for both classroom and fire ground training to meet NFPA training guidelines. ]'he focal point of the fire training ground will be a six-story computerized burn-prop training tower that will be used for high-rise, industrial, ahd residential training scenarios, 7 repelling, and other technical training maneuvers. Computerized natural gas fire and artificial smoke simulation systems provide for enhanced and safe fire training. This tower will include an observation window so that the public can observe fire behavior and see the techniques used to put out a fire. A fire sprinkler demonstration area will also be utilized for public educaticn purposes. Adjacent to this tower will be a two-story strip ma',l/storage prop designed with a computerized natural gas fire-training simulator as well as moveable mazes, roof and attic penetration props. An outdoor pavilion will provide seating for debriefing and equipment training and allow viewing for large group demonstrations and venues. Inside the pavilion are b,¥o drill ground classrooms, shower/locker facilities and storage. Additional training props on the grounds include a trench rescue prop, confined space prop, tanker full spill prop, car fire prop, railroad tanker simulation area, and a car extrication area. The New Automotive Maintenance Facility - 41,182 Squa,'e Feet The proposed Automotive Maintenance Facility will contain service and repair bays to accommodate large apparatus or allow double staging of two smaller, light-duty vehicles on 8 opposite ends of the same bay. Adequate space has been planned to allow for a safe and efficient operation. In addition to standard automotive functions, the facility will be used for installation of communications and other specialized equipment. Atire shop and space for outfitting apparatus with equipment will also be incorporated into the workspace. Additional features within the Automotive Maintenance Facility include areas for parts storage and offices; apparatus steam clean bays; a drafting pit; tire storage and changing area. The New Materiel Management Center - 39,734 Scluare Feet The proposed Materiel Management Center will house Purchasing, Warehouse, and Property Management functions. The facility includes adequate and functional loading docks and is designed with good circulation and workflow in mind. Shelving and storage areas incorporate earthquake safety measures and bracing. Specialty shops for repair and outfitting include metal, welding, wood, signage, and a small engine shop. Emergency medical supplies and firefighter clothing and equipment supplies will also be stored in this facility. The New Public Services and Support Center - 98,120 Square Feet The Public Services and Support Center is intended to be the central office building for training, public service activities and administrative functions. This facility is designed around public need with easy access to those offices that have the highest level of public interaction. Areas specifically designed to accommodate public services in this facility include Fire Prevention, Community Relations and Education, Human Resources, Clerk of the Authority, Finance, a Boardroom/ Lecture Hall, and several classrooms. A functional courtyard adjacent to a small cafeteria is being designed to allow employees access to an outdoor break area and can also accommodate group meetings and events. Project Budget and Scheclule Project Budget The project budget was established at $50.4 as determined during the 1997 needs assessment and was recently confirmed as being realistic and on-targel during the schematic design phase. The following breakdown illustrates the most recent design development cost estimates for the project by category: Construction Construction Contingency Furniture, Fixtures & Equipment Program Mg.m_t & Design Total $35.5 million $ 1.6 million $ 5.0 million $ 7.8 millj, o..n S49.9 million Prqject Schedule Award of the construction contract is scheduled by the end of September 2001 with ground breaking to occur in October. Construction will begin in November with an 18-month duration planned. Due to the complexities associated with the design and commissioning of major emergency systems and complex components, transition and move-in is planned over 12-month time period. Final occupancies will be completed by August 2004 Below is a brief outline schedule of major events from start to completion. Key Project Elements The OCFA Board of Directors appointed the Executive Committee to provide key oversight for this project. A Design Review Ad Hoc Committee provided input and direction for the more frequent and detailed site design review issues. During the programming and schematic stages of the design process, 0CFA job knowledge experts provided continuous input to the design professionals and their specialty consultants. Financing Process During the design process, cost estimates were continually refined and updated by an independent firm that compiled tile project's official construction cost estimate. This information will provide The basis of the financing plan which to developed and submitted to the Board of Directors for review and approval. The financing plan will then go to the sponsoring City of !rvine, for their approval. Once approved by !rvine, it will go to the other member cities and the County to obtain the 2/3 required majority vote. Community Outreach An important aspect of this project is the Community Outreach Program. An aggressive community outreach program was developed with nearby residential homeowner groups. 13ocr- to-door contact and publicized evening town hall meetings allowed a high degree of interaction and input by the community for key design issues. Various tools (i.e. video, newsletters, pamphlets, public web site etc...) are used to keep the various audiences in[armed. ,J::A ."q:pr:}val of Design C.',)r'cep,.'sJan Mar, 2~:il ',:i...,' Ap~;re,.al Process ¢i' Besi,3n Cor~sep:s Feb.-A~r. 220~ Crh'lS~'Plg"-i2rl Do,';lJr'l.~'q~ May-Sap, 2'331 Bid,,7,.w;:rd Ge:e,a! Co-t'acTor Aa,3-Nov, 2021 '.';o",$r~dcL,oa P~riod :'JOy ?C01-2.".,~ (.',tr., 232"3 :~7'ld,".q Con',misaiorfi:'.,~ & ~...lov~-i~ 2qd '3'.[., 2903-3~d Q:r., 20? 9 Financial Strategy Financing Overview To finance the RFOTC, the OCFA has analyzed affordability and considered various methods with which to obtain the estimated $50.4 million needed to complete the project over the next four years. Due to the fact that the current JPA agreements reflect a 10-year commitment by member jurisdictions, this project will likely be financed within the contract time horizon (approximately nine years after the commencement of financing). 0CFA has considered additional options for financing on a longer term basis over 20-30 years; however, it appears that the most feasible option is to match the financing term to the 10-year JPA agreements in order to successfully market the financing plan to the investmen~ community. Analysis of Affordability Cash flows and affordability analysis were compiled arid evaluated to include all projected revenue sources, operating expenditures, and capital expenditures. OCFA's primary revenue source is property taxes, representing about 67% of operating revenue. Considering the importance of accurate data regarding property tax growth, OCFA retained a consultant to project property tax revenue over the next decade. The result of the analysis indicated that OCFA can afford to support the debt, and still retain a reasonable level of reserve balances. Based on this analysis, OCFA is in a strong position with respect to this project's af[ordability. Combined with the value of the 16.5 acres of land worth S17 million, the OCFA is in a very favorable position to obtain Iow-cost financing. Sources of Financing OCFA has explored multiple sources from which to obtain funds required to support the needs of the RFOTC. Revenue bonds and Certificates of Participation are two viable financing structures available to the OCFA. Revenue bonds involve the pledging of future operating revenues to pay the annual debt payments. Certificates of Participation require the establishment of a non-profit public benefit authority for the purpose of serving as lessor in the financing. Both of these methods offer the lowest interest rate available in the marketplace. Financial Plan Accomplishlnents In November 2000. OCFA established a Financial Technical Advisory Committee (FTAC) to provide an independent third party review to the Board of any financing plan associated with the RFOTC and to assist in selecting finance professionals for the debt financing. 'i'he FTAC and 0CFA staff have me: on several occasions to discuss various issues relating to the RFOTC financing. Accomplishments to date include: · Developed Request for Proposals for selecting finance professionals. · Completed formal bid processes, interviews, and selection of financial advisors, bond/disclosure counsel, and underwriter. · Compiled and reviewed assumptions for the first draft 10- year financial forecast. · Developed a detailed timeline for the financing. · Determined the recommended method of sale for the debt issuance and selection el underwriter. · Identified the recommended interest rate alternative, the recommended ~type of debt. and the recommended term of repayment. · Completed a first draft financing plan for review by the FTAC. Timeline for RFOTC Financing/Member Agency Approval 7he amended Joint Powers Agreement, under which OCFA operates, requires that any long-term bonded indebtedness incurred by 0CFA must be approved by two-thirds of its member agencies. In order to obtain the required approval, we plan to make presentations before the governing boards el each member agency in June and July, 2001. We expect to request final approval of the financing plan from the OCFA Board of Directors by September, 2001 and to issue the bonds immediate!y thereafter. '0 Conclusion The t~egional Fire Operations and Training Center will help "safeguard the future" for all those we serve. The Regional Fire Operations and Training Center wil! enable the Orange County Fire Authority to pursue its mission to provide the highest level of emergency services. 0CFA's reputation brings honor as a dynamic, innovative, and progressive department. As one oi' the largest regional fire service organizations in the state of California, firefighters do not have readily available access to adequate fire training facilities to meet ongoing trainin~o requirements. The existing headquarters facilities, including a 911 Emergency Communications Center, is undersized and does not allow for expansion to keep pace with changes in technology or permit any appreciable growth to meet service area demands. Despite enhancements and numerous repairs to existing facilities, operating from old and unreliable facilities poses significant risks. The physical separation of support departments spread out over multiple locations, most within leased space, does not encourage or support effective management and communication goals or practices. With the added value of a $17 million parcel of prime land and the S3 million provided through State funding, the opportunity for success will never be better. The opportunity to meet these support facility needs could not be better. Orange County property values are at an all time high and not likely to decline. Based on conservative revenue projections from 0CFA Finance staff, the project is affordable, if financed, over the remaining member contract period. Financial options under consideration by the Financial Technical Advisory Committee include some combination of reserves and secured bond financing. Current plans are to present a 1'inancing plan to the Board of Directors for approval. This approach will have any debt paid off within the currant member contract period. Beginning the next term of tho contract, the OCf'A will own the property free and clear, and will be able to avoid uncontrolled escalating lease costs in the future. 12 Appe.dix Overview of the OCFA The Orange County Fire Authority is a Joint Powers Authority (JPA) formed on March 1, 1995. It serves 1.2 million residents over 562 square miles. In addition to protecting its 22 member cities, the OCFA a!so protects the County's unincorporated areas which includes providing fire protection services to the State for over 175,000 acres of wildland. OCFA is one of the l~rgest regional fire service organizations in California. The JPA is a legal entity created with direct representation by all jurisdictions tha~. it serves. The OCFA consists of 22 member cities along with two representatives from the County of Orange. Twenty-four members serve on the Board. Prior to the formation of the JPA, the organization was known as the Orange Count, Fire Department, or OCFD, and was ~]overned by Ihe Orange Coanty Board of Supervisors. By terming the JPA, members were ab!a to active]y participate in a decision-making process with respect to how services were delivered. How is the OCFA Organized7 The OCFA is managed by an Executive Management Team that consists of an appointed Fire Chief, a Deputy Fire Chief, and four Assistant Chiefs that head up the four departments responsible 'rot the services provided by the OCFA: · Operations Department · Fire Prevention Department · Business Services Departmenl · Support Services Department Biennial Budget The Fire Chief presents a biennial budget to the Board of Directors for approval. This document identifies anticipaled revenue and authorized appropriations. This document is reviewed and updated annually. Revenues to fund the operations of the OCFA come from a variety of sources. The majority of revenues (67%) are obtained via property taxes. The next largest (23%) contribution comes from Cash Contracts - of the 22 member cities, seven are on cash contracts. Other sources of revenue totaling the remaining 10% include Federal and State reimbursement, interest on reserves, fire prevention fees, and some other miscellaneous sources. 13 '0 City Member Since Al:so V:ejo 20S1 BuePa Park 1 Cyp-ass i980 Da'~a ?oTp: 1 irvine 1980 LB Paima i 980 Legura Nigue' 1989 Lagura Woods 2COG LaGunB Eihs 199i La~e FCFeS: ~ 99! Los AJa~i~os i Missicr, Via]o ~ 986 Pl~oentia 1BBC ~archo Saq~a M~rD~rita 20.30 San C'emente ~994 Saq Juan Capistra-o Seal Beach i~B2 S~ntoq : B87 Tustin i Villa ?ark 1BBC Westminster 1995 Yorba Linda 1980 14 OCFA Fire Stations Proudly Serving the Communities of... AL SC' ViE J3, Station 57 ~U~NA PAR.~. Station 61 BUENA PARK, Statio~ E.2 :~UENA P'AF.k:, Sta'.!o~. 63 Ct)TO DE CAZA, .<,;~'o:~ 40 CYF;~SS. S;a.'.;on !2 CYP,2SS, ?.ation ~ 7 DANA POI~]', DCFENY, Station 29 DANA F3 NT, NIGU£L, St;.~:ior' .30 EM:_~ALO 'JAY, STation ~ 1 I~VINE, S:a~.icr; 4 I-~V N~, S:,s:ior. 6 !.~V!NE. Station 28 R ~.r,;::, Sta'.icn 25 !RVINE, Stat;Ch 2~ iqVIN~, S:atica 38 IR. VINE, Stat!or 51 ,;C~'l,q WAYNE A:P, PC.~'-, S;a:!o-, 33 LAB--AA i:~ANC'-], S:ation a.a LA PALMA, Statics 13 IA6L, XA N.6L:F.L. S'.adoa ~, LAGUNA N!GUE:., S:at;.')n 39 a AG'JNA N'GUEL, Statio- ~'9 I A['!UNA W03PS/I.AGUNA ~- LLS, Stadcp 22 LAKE FOHEST, Statiea 19 LA.~_: FC'aEST, Sta;ie..-. 42 LAKE FG.REST, Sta-.;sn 54 LOS A~.AMITOS, S[atic~ 2 M(;AS FL I'OR0, S:atior. 20 MI3WAY C:7Y, Stat:oa 25 MISSION VIE JO. S'..ation 9 MiSSiON V E J0, Stat'ar 24 M!SSION Vi,r-.gO, S:adon 31 I¥"Cg.;EF,<A, St.~t'o" 16 NEWPOFI7 C~'AST, S~ation 52 ORAX:,~E, S[afioc 1 Pi ACE.N-A, ~:SA.'}:c.riD, PLAS~NTIA, VALENCIA, Sta:ion AA\S~.9 SAN'A .VA.:IGAgiTA, SAN C[.EM"_-NTE. Sta:icn 50 SAN CLEM_:.~_--. St~.:'on ~9 SAN ~LEM--\TE. S:aticn 50 SAN JUAN CAP!ST..AX3, S',~don 7 ,q, AN~A ANA. S;atior 27 S~'."LiNE, S~ation B S£AL 3EACI.t, gOWXTCW~, St?.'oq 44 SSAL Br-A,2N, ,~a..'ion 4.3 SILV~PAgC, S'.a:!o.q 14 S!LVE2AL)O IUSFS), Station: 5 STAN-gN, Stati".n 4'3 SUNSET BEACH, S:atic, n 3 -qABUCO, Sta:ion ~ ~ !'US r,N, Sla',ic~ 2; TUS" I~, S:afion 37 VILLA PAP.:~, Szafion 23 WF..S" M NSi'_:,:.., S:.a:!21i 64 WES'i'MINSi'.~Fi, S.~atlop 6,5 W:STMiNSTE~, Sta..-ior 66 YORBA ,:N_gA, S~.a:ion ~.0 YOPBA LINg, A, S',at!on ,',,'2 Y,.S.~3A LINDA, Sta:.ion 53