CFD Update
CITY OF SOUTH SAN
FRANCISCO
City Council Meeting | March 27, 2024
Agenda
• Background & Purpose • Potential Projects & Conceptual Designs • Outreach Efforts • Financing • Next Steps & Timeline Background
• CFD is a public financing mechanism that
allows for tax exempt bonds
• Allows property owners to tax themselves
for capital projects including transportation
and infrastructure improvements
• Previous CFD effort in 2019-20 paused
due to the COVID-19 pandemic and
economic market
Comparison
Oyster Point
CFD
Eastern Neighborhood CFD
Formation Date 2021 2025
Sponsor Kilroy Realty City of South San Francisco
Voter Authorization Less than 12 registered voters % of Property Owners Projects 10 Buildings and capital
improvements
Transportation Projects
Why Now?
• Traffic is still a problem! • Economic Competitiveness • Master Transportation Plans • General Plan • Active SSF • Mobility 20/20 • Rising construction costs • Climate Action Plan Goals Where are we
now?
• Input from Oyster Point Mobility Vision
Plan
• City hired special
tax consultant, transportation planners,
and outreach specialists
• Restarting conversations with
stakeholders
• Mailers sent to property owners in March
• Stakeholder meeting with Oyster Point
Mobility Steering Group
• Virtual and In-Person Town Halls to be
held in April
• Council Study Session
Purpose
• Update on CFD efforts • Preview project list & refinements • Update on upcoming CFD outreach efforts
• Receive Council feedback and guidance
on future CFD efforts
Potential CFD Projects
+ Conceptual Desi gns
Recent Planning Efforts
Implementation
• Complete Streets
Corridor Designs
• Project Cost Estimates
• Restart CFD Planning
& Outreach
2018-2019 2019-2022 2023-Present
Inputs to
General
Plan
Oyster Point Property
Owners Process
Recap: Improvement Concepts
The General Plan identifies a combination of new
infrastructure, services, and processes to
accommodate this growth:
• Identifies complete streets improvements and new
connections
• Updates transportation demand management
ordinance and parking code
• Establishes area-wide trip cap
Existing infrastructure and services is insufficient to handle 100K jobs and 10K residents.
Recap: Growth Expectations
The General Plan includes the addition of 43,000
residents and 81,000 jobs citywide by 2040:
• 2019: 64,000 residents and 57,000 jobs
• 2040: 107,000 residents and 138,000 jobs
Most growth is concentrated in the East of 101 Area:
• 2019: 0 residents and 36,000 jobs
• 2040: 11,000 residents and 101,000 jobs
Study Corridors
8.6 miles of improvements
to streets and trails
30 intersections
The City has prepared conceptual
designs for complete streets
improvements throughout the East
of 101 Area:
6 new trails and streets
Complete
Streets Designs
NEW!
The City is developing draft designs for all
major street corridors within the East of 101
Area:
• Identifies key changes to improve safety,
access, throughput, and connections
• Achieves buildout of General Plan, Active
South City Plan, and Mobility Vision Plan on
study corridors
• Provides sufficient detail to estimate costs
and align planning/design efforts
Cost estimates are being finalized in the
next month.
All layouts remain a work in
progress! We welcome any
comments. Further coordination will occur
as projects advance.
Transit Facilities
1.6 miles of transit-only lanes
24 bus stop upgrades and
access improvements
Buses and shuttles would be
prioritized along key transit
corridors such as Oyster Point, East
Grand, Gateway, and South Airport:
2 access improvements at
regional transit hubs
(Caltrain and Ferry)
Bike Facilities
miles of new separated
bikeways and trails
5.4 Improving bicycle and pedestrian
facilities is a key point of emphasis
for the East of 101 Area:
Bikeway connections
across 101
6 Example:
Oyster Point Boulevard
Trail to Caltrain
Example:
Caltrain
Access
Comparison to Mobility Vision Plan’s
List of Prioritized Projects
Incorporated
Incorporated
Modified
Design and costing efforts generally
align with projects identified in the
Mobility Vision Plan.
All projects are located within the
East of 101 Area and emphasize
changes within the City’s right-ofway.
Further refinement of the project list
can occur once the cost estimates
are finalized.
Outreach Efforts
Step 1: Generate Awareness
• Mid-March:
o Mailer going out to all property owners
o SSF-CFD.com launches
• Late March to Mid-April:
o Door knocking, emails, calls, and other
one-on-one outreach
Step 2: Present & Listen
• Mid-April:
o Five to six Community Town Halls
• Late April to Early May:
o One-on-one follow-ups
Step 3: Evaluate Feedback
• Early May:
o What did we learn? How does
the CFD proposal need to adapt
to garner sufficient support?
Step 4: Present & Listen (again)
• Late May:
o Five to six Community Town Halls
• Late May to Early June:
o One-on-one follow-ups
Step 5: Evaluate Feedback (again)
• Mid- to Late June:
o What did we learn in the second
round of engagement? Have we
crystallized enough support to
move forward? If not, what does
it take to find that support?
Financing
Flexibility in CFD Boundaries
• Initial CFD boundaries to include all parcels that initially agree to participate
• Parcels do not need to be contiguous
• "Future Annexation Area" to be established at CFD formation • Will include any property that may ever annex
• Accelerates annexation if and when it ever occurs
• Annexation then requires no further action of City Council • Provides for timely, cost-effective annexations
Mello-Roos
CFD for the
Eastern
Neighborhoods
Flexibility in Improvements to be Funded
• Any public improvement with a useful life of 5 years or longer • Improvements do not need to be located within CFD boundaries • No benefit finding required
• Tax-exempt bonds can be sold to fund improvements
• Portion of special tax can transition to fund repair and replacement of facilities after all bonds have been paid off
Special Tax on
County Tax Roll
• CFD must be formed, and special tax
lien recorded against the parcels by
mid-July 2025 at the very latest.
Fiscal Year 2025-26
Property Tax Rolls
Deadline
County Controller August 2025
1st installment due December 2025
2nd installment due April 2026
Next Steps & Timeline
Next Steps Prior to CFD Formation Process
• Validate parcels identified in initial CFD boundaries and Future Annexation Area
• Reach agreement as to maximum special tax for each land use type • Calculate the bonding capacity available from parcels in initial boundaries • Have financing team commence preparation of formation documents • Rate and Method of Apportionment of Special Tax (RMA) • List of Authorized Facilities and Services
• Map of CFD Boundaries and Future Annexation Area
• Resolutions for adoption by Council
Timeline
Thank You
Christina Fernandez
Deputy City Manager
Christina.Fernandez
@ssf.net
650.272.7431
Noah Christman
Partner, Lighthouse Public Affairs
[email protected]
805.215.2517