San Francisco s. Seawall Resiliency Project FINANCING AN HISTORIC ASSET A YEAR IN REVIEW

Transcription

1 San Francisco s Seawall Resiliency Project FINANCING AN HISTORIC ASSET A YEAR IN REVIEW LIVING CITIES, CITY ACCELERATOR 4 TH CONVENING DECEMBER 11, 2017

2 A Year In Review Ground Zero Step 2 Building Knowledge Base Step 4 Where We Stand Step 1 Collaboration & Buy In Step 3 Expanding Support

3 Step 0 Ground Zero Newly identified infrastructure need The Seawall Vulnerability Study predicts significant risk of liquefaction in the event of a major earthquake Life safety and surrounding infrastructure at major risk Sea level rise and associated flooding is a growing concern Major funding need $500 million immediate life safety improvements to the seawall $5 billion full seismic improvements and prepare for sea level rise No clear path forward

4 Step 1 Collaboration & Buy In The Denver convening was a critical first step Brought City Leadership Together Mayor s Office Political leadership City Administrator Capital and resiliency planning Controller s Office of Public Finance Financing expertise Port of San Francisco Project champion The New Team Developed a Strategy Agreed to establish a Finance Working Group Supported hiring of an SF Fellow for one year Identified $8 million for the project s Planning Phase

5 Step 2 Building Knowledge Base Finance Working Group Seawall Finance Working Group 11 Members 8 City Departments & 1 External Member 48 Local, Regional, State, and Federal Funding Options Final Recommendations Presented to Key Leadership Bodies and Mayor Researched 48 possible funding strategies Analyzed 48 funding strategies based on the criteria Established 11 evaluation criteria Finalized recommendations and report

6 Step 2 Building Knowledge Base Finance Working Group FINAL RECOMMENDATIONS

7 Step 3 Expanding Support Seawall Organization Structure Executive Steering Committee Technical Committee Capital Planning Committee State & Federal Outreach Reaching out to legislators in Sacramento Talking with Members of Congress Working with the US Army Corps of Engineers Living Cities Project Focus Groups & Sunday Streets

8 Step 3 Expanding Support Focus Groups & Sunday Streets Focus Groups Explored perceptions of various income and demographic groups Trust in government Knowledge of the seawall Willingness to invest in infrastructure Learned that education about seawall increased willingness to invest for all income groups Sunday Streets Outdoor events held in the Summer 2017 Focused on diverse, largely low income neighborhoods not adjacent to the Port Multi lingual outreach ambassadors and collateral Conversation about why people love the Waterfront Educated the public about the Seawall and risks Informed about the possible $350 million GO Bond measure without making an ask

9 Step 3 Expanding Support Focus Groups & Sunday Streets Foster Appreciation

10 Step 3 Expanding Support Focus Groups & Sunday Streets Educate and Engage

11 Step 3 Expanding Support Focus Groups & Sunday Streets Made Significant Connections 3,000+ residents engaged 2,750 palm cards given away 535 participants in the activity 356 new subscribers 637 engagements on Facebook and 268 engagements on Twitter Engagement Education Support Education helps develop interest in Seawall Drew a connection between inland neighborhoods and the Waterfront Highlighted that the Seawall is a citywide resource that needs to be invested in

12 Step 4 Where We Stand Today Completed Finance Working Group Staffed Up Project Project Management Administrative Planning & Permitting Kicking Off New Contracts $40 million Program Management (CH2M HILL) $1.7 million Communications (Civic Edge) Planning Phase is Funded through June 2018 In City Queue for $350 million General Obligation Bond in 2018

13 The Road Ahead Major Challenges Ongoing Financial Need Sheer magnitude of $500 million to $5 billion Competing needs at local, regional, state, and federal Short and long term need to address seismic risks and sea level rise Educating the Public About the Seawall What is it? Where is it? How is it vulnerable in the event of an earthquake? If stabilized, how will it protect us in the event of an earthquake? How do we need to re envision the waterfront in the face of sea level rise? Determining How to Complete Improvements Balancing short term seismic risks with mid term flood risks Prioritizing improvement areas Land vs. water side solutions

14 The Road Ahead Equity & Diversity Evaluating Funding Sources Share Cost burden Regressive vs. progressive taxes Reaching Out to Diverse SF Neighborhoods Educate people of all incomes and in diverse communities about the Seawall and why it is important Develop an understanding of how the project will help and/or challenge different income and demographic groups Seek solutions to enhance the good and/or alleviate the bad Applying Principles to Citywide Efforts The San Francisco Team will brief the City s Capital Planning Committee on Cohort findings in November

15 The Road Ahead Immediate and Ongoing Strategies Implement Major Financing Strategies Work to get a Seawall General Obligation Bond on the 2018 ballot Seek State/Federal support, including US Army Corps of Engineers

16 The Road Ahead Immediate and Ongoing Strategies Implement Major Financing Strategies Work to get a Seawall General Obligation Bond on the 2018 ballot Seek State/Federal support, including US Army Corps of Engineers Initiate Project Planning & Design October 12 th Start of 60 Day Kick Off with program management consultants to create action plan Identify risk areas and prioritize project investments Outreach to the public and major constituents

17 The Road Ahead Immediate and Ongoing Strategies Implement Major Financing Strategies Work to get a Seawall General Obligation Bond on the 2018 ballot Seek State/Federal support, including US Army Corps of Engineers Initiate Project Planning & Design October 12 th Start of 60 Day Kick Off with program management consultants to create action plan Identify risk areas and prioritize project investments Outreach to the public and major constituents Educate and Prepare The Seawall Matters! Prepare for THE BIG ONE Talk with our communities about the impacts of sea level

18 The Road Ahead Immediate and Ongoing Strategies Implement Major Financing Strategies Work to get a Seawall General Obligation Bond on the 2018 ballot Seek State/Federal support, including US Army Corps of Engineers Initiate Project Planning & Design October 12 th Start of 60 Day Kick Off with program management consultants to create action plan Identify risk areas and prioritize project investments Outreach to the public and major constituents Educate and Prepare The Seawall Matters! Prepare for THE BIG ONE Talk with our communities about the impacts of sea level Incorporate the Equity and Diversity Lens into our Planning Efforts

19 It has been an honor Thank You