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Home My WebLink About10-03-16 CC Mtg - Proposed Impact Fee CIP Amendment (Uploaded 10-03-16)Street Impact FeePROPOSED AMENDMENTCapital Improvement Plan Financial SummaryCurrent YearFY16FY17FY18FY19FY20FY21UnscheduledProjected Beginning Reserve Balance Dedicated to CIP13,824,839$ 10,099,199$ 5,354,724$ 668,723$ 510,726$ (380,758)$ Plus: Impact Fee Revenues Dedicated to CIP2,390,000$ 2,509,500$ 2,634,975$ 2,766,724$ 2,905,060$ 3,050,313$ ‐$ Plus: Urban Funds: SIF09, Kagy (Willson to 19th)4,000,000$ Plus: Arterial & Collector District 555,000$ Less: Scheduled CIP Project Costs ‐ adjusted(6,670,640)$ (7,253,975)$ (7,320,976)$ (2,924,721)$ (7,796,544)$ (466,000)$ (2,769,600)$ Projected Year‐End Cash Dedicated to CIP10,099,199$ 5,354,724$ 668,723$ 510,726$ (380,758)$ 2,203,555$ (2,769,600)$ Beginning Balance of Payback Improvements:‐$ ‐$ 2,140,475$ 3,542,725$ 3,542,725$ 3,542,725$ New Payback Projects‐$ 1,592,475$ 1,402,250$ ‐$ ‐$ ‐$ Amended ‐ Add Payback SIF077548,000$ Ending Balance of Payback Improvements:‐$ 2,140,475$ 3,542,725$ 3,542,725$ 3,542,725$ 3,542,725$ Assumptions Made for Revenue Estimates:Current YearFY16FY17FY18FY19FY20FY21Estimated Annual Street Impact Fee Revenues2,390,000$ 2,390,000$ 2,509,500$ 2,634,975$ 2,766,724$ 2,905,060$ Estimated Annual Increase0.0%5%5%5%5%5%Total Estimated Revenues2,390,000$ 2,509,500$ 2,634,975$ 2,766,724$ 2,905,060$ 3,050,313$ Current Revenues Dedicated to CIP %100.0%100.0%100.0%100.0%100.0% 100.0% Plus: Increase Dedicated to Street Capacity Expansion CIP0.0%0.0%0.0%0.0%0.0%0.0% Total % Dedicated to CIP100.0%100.0%100.0%100.0%100.0%100.0%Total Estimated Revenues Dedicated to CIP2,390,000$ 2,509,500$ 2,634,975$ 2,766,724$ 2,905,060$ 3,050,313$ *Note: This schedule no longer contains the portions of project coststhat will be paid by other sources, with the exception of FederalUrban Funds. See the "Funding Sources" discussion at the bottom of each project item sheet. Projected"See Arterial & Collector District CIP"ProjectedCURRENT11,000,0009,000,0007,000,0005,000,0003,000,0001,000,000FY17 FY18 FY19 FY20 FY21 UnscheduledStreet Impact Fee Projects PROPOSED AMENDMENT9/15/2016 CIP PROJECT FUPROJ.DEPARTMENTPROJECT NAMEFY17UnscheduledFY21FY18FY19FY20Impact Fees StreetsSIF001STREET IFRIGHT OF WAY ACQUISITION$132,000$132,000$132,000$132,000$132,000SIF009STREET IFKAGY (WILLSON TO 19TH) ‐ CONSTRUCTION$4,000,000SIF027STREET IFCOTTONWOOD & DURSTON (INTERSECTION) ‐ CONSTRUCTION$160,000SIF036STREET IFCOTTONWOOD (BABCOCK TO DURSTON) ‐ CONSTRUCTION$1,277,942SIF039STREET IFFERGUSON & DURSTON (INTERSECTION) ‐ CONSTRUCTION$1,804,976SIF046STREET IFOAK (NEW HOLLAND TO FERGUSON)* ‐ CONSTRUCTION$1,400,000SIF055STREET IFBAXTER (19TH TO DAVIS)* ‐ CONSTRUCTION$1,000,000SIF057STREET IFOAK (FERGUSON TO COTTONWOOD) ‐ CONSTRUCTION$761,000SIF058STREET IFN. 27TH &OAK (INTERSECTION) ‐ CONSTRUCTION$800,000SIF061STREET IFOAK & FERGUSON (INTERSECTION) ‐ CONSTRUCTION$800,000SIF062STREET IFDURSTON (COTTONWOOD TO FOWLER)* ‐ CONSTRUCTION$1,073,000SIF063STREET IFFOWLER & BABCOCK (INTERSECTION) ‐ CONSTRUCTION$800,000SIF069STREET IFFERGUSON & DURSTON (INTERSECTION) ‐ DESIGN$120,000SIF071STREET IFFERGUSON (BAXTER TO OAK) ‐ DESIGN$50,000SIF072STREET IFBAXTER (FERGUSON TO COTTONWOOD)* ‐ CONSTRUCTION$764,475SIF073STREET IFFOWLER & DURSTON (INTERSECTION) ‐ CONSTRUCTION$800,000SIF074STREET IFFOWLER & OAK (INTERSECTION) ‐ CONSTRUCTION$800,000SIF076STREET IFFOWLER CONNECTION (HUFFINE TO OAK) ‐ DESIGN$334,000PROPOSED AMENDMENT9/15/2016 CIP PROJECT FUPROJ.DEPARTMENTPROJECT NAMEFY17UnscheduledFY21FY18FY19FY20SIF077STREET IFGRAF STREET EXTENSION (RITTER TO 19TH)* ‐ CONSTRUCTION$2,155,000SIF080STREET IFFERGUSON (BAXTER TO OAK) ‐ CONSTRUCTION$500,000SIF082STREET IFWTI TRANSPORTATION MODEL$100,000SIF084STREET IFBAXTER (DAVIS TO COTTONWOOD)* ‐ DESIGN$225,000SIF085STREET IFBAXTER (7TH TO 19TH) ‐ CONSTRUCTION$500,000SIF086STREET IFBAXTER & COTTONWOOD (INTERSECTION) ‐ CONSTRUCTION$369,600SIF087STREET IFCATAMOUNT ST (27TH TO VALLEY CENTER) ‐ CONSTRUCTION$300,000SIF088STREET IFIMPACT FEE STUDY ‐ STREET$100,000SIF093STREET IFOAK STREET (15TH TO 19TH) ‐ CONSTRUCTION$350,000SIF094STREET IFCATAMOUNT ST (27TH TO VALLEY CENTER) ‐ DESIGN$45,000SIF095STREET IFN 27TH (OAK TO TSCHACHE)* ‐ DESIGN$52,500SIF098STREET IFOAK & COTTONWOOD (INTERSECTION ‐ ROUNDABOUT) ‐ CONSTRUCTION$2,742,721SIF099STREET IFN 27TH (OAK TO TSCHACHE)* ‐ CONSTRUCTION$350,000SIF102STREET IFS 11TH AVE (KAGY BLVD TO GRAF ST EXTENSION) ‐ CONSTRUCTION$0SIF103STREET IFS 11TH AVE (KAGY BLVD TO GRAF ST EXTENSION)* ‐ DESIGN$0SIF104STREET IFCOTTONWOOD & BABCOCK (INTERSECTION‐SIGNAL)$1,148,269SIF105STREET IFCOTTONWOOD (DURSTON ‐ OAK) ‐ CONSTRUCTION$1,238,333SIF106STREET IFTRANSPORTATION DEMAND STUDY FUNDING$50,000$50,000$50,000SIF107STREET IFFOWLER RIGHT‐OF‐WAY PURCHASE$800,000$466,000$7,253,975$7,320,976$2,924,721$7,796,544$2,769,600PROPOSED AMENDMENT9/15/2016 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF077 DEPARTMENT STREET IF PROJECT NAME GRAF STREET EXTENSION (RITTER TO 19TH)* - CONSTRUCTION FY17 $2,155,000 FY18 Unscheduled DESCRIPTION OF PROJECT Complete Graf from Ritter to 19th to a two-lane urban collector standard with bike lanes. ALTERNATIVES CONSIDERED Leave as-is. Wait for the developer to build the street. ADVANTAGES OF APPROVAL This project will expand the capacity of our street network and improve safety for drivers and pedestrians. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating & Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. Current cost estimate of $8,725 per street mile maintained annually. FUNDING SOURCES This project is funded by Street Impact Fees ($2,155,000). A development payback district will be created to reimburse Street Impact Fees for any local share (project related) costs that may be allocated to future developments (estimated at $548,000). New Replacement Equipment Project FY19 FY20 FY21 PROPOSED AMENDMENT 9/15/2016 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF095 DEPARTMENT STREET IF PROJECT NAME N 27TH (OAK TO TSCHACHE)* - DESIGN FY17 $52,500 FY18 Unscheduled DESCRIPTION OF PROJECT Complete S 11th from Kagy to Graf to an urban collector standard including sidewalks, curb and gutter and bike lanes, boulevards and parking. ALTERNATIVES CONSIDERED SID for full financing, Urban funds or incremental construction by developers. ADVANTAGES OF APPROVAL This project will expand the capacity of our street network and improve safety for drivers and pedestrians. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating and Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. Current cost estimate of $8,725 per street mile maintained annually. FUNDING SOURCES This project is funded by Street Impact Fees ($52,500). A development payback district will be created to reimburse Street Impact Fees for any local share (project related) costs that may be allocated to future developments (estimated at $26,250). New Replacement Equipment Project FY19 FY20 FY21 PROPOSED AMENDMENT 9/15/2016 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF099 DEPARTMENT STREET IF PROJECT NAME N 27TH (OAK TO TSCHACHE)* - CONSTRUCTION FY17 $350,000 FY18 Unscheduled DESCRIPTION OF PROJECT Complete N 27th from Oak to Tschache to an urban collector standard including medians for power poles. ALTERNATIVES CONSIDERED SID for full financing, Urban funds or incremental construction by developers. ADVANTAGES OF APPROVAL This project will expand the capacity of our street network and improve safety for drivers and pedestrians. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating & Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. Current cost estimate of $8,725 per street mile maintained annually. FUNDING SOURCES This project is funded by Street Impact Fees ($350,000). A development payback district will be created to reimburse Street Impact Fees for any local share (project related) costs that may be allocated to future developments (estimated at $175,000). New Replacement Equipment Project FY19 FY20 FY21 PROPOSED AMENDMENT 9/15/2016 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF102 DEPARTMENT STREET IF PROJECT NAME S 11TH AVE (KAGY BLVD TO GRAF ST EXTENSION) - CONSTRUCTION FY17 FY18 Unscheduled DESCRIPTION OF PROJECT DELETED - Per Sept 19, 2016 meeting. ALTERNATIVES CONSIDERED Leave as-is. Wait for the developer to build the street. ADVANTAGES OF APPROVAL This project will expand the capacity of our street network and improve safety for drivers and pedestrians. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating & Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. Current cost estimate of $8,725 per street mile maintained annually. FUNDING SOURCES No scheduled funding from Street Impact Fees. The Arterial & Collector District continues to include this item at $1,320,000 solely to fund a development payback district created to reimburse Arterial & Collector District for any local share (project related) costs that may be allocated to future developments (estimated at $1,320,000). New Replacement Equipment Project FY19 $0 FY20 FY21 PROPOSED AMENDMENT 9/15/2016 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF103 DEPARTMENT STREET IF PROJECT NAME S 11TH AVE (KAGY BLVD TO GRAF ST EXTENSION)* - DESIGN FY17 $0 FY18 Unscheduled DESCRIPTION OF PROJECT Complete S 11th from Kagy to Graf to an urban collector standard including sidewalks, curb and gutter and bike lanes. ALTERNATIVES CONSIDERED Leave as-is. Wait for the developer to build the street. ADVANTAGES OF APPROVAL This project will expand the capacity of our street network and improve safety for drivers and pedestrians. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating and Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. Current cost estimate of $8,725 per street mile maintained annually. FUNDING SOURCES This project is funded by Street Impact Fees ($396,000). A development payback district will be created to reimburse Street Impact Fees for any local share (project related) costs that may be allocated to future developments (estimated at $198,000). New Replacement Equipment Project FY19 FY20 FY21 PROPOSED AMENDMENT 9/15/2016 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF106 DEPARTMENT STREET IF PROJECT NAME TRANSPORTATION DEMAND STUDY FUNDING FY17 $50,000 FY18 $50,000 Unscheduled DESCRIPTION OF PROJECT Funding of contract with Montana State University (MSU) and Western Transportation Institute (WTI) for Travel Demand Coordinator work. The work product and deliverables will reduce the immediate need for the improvement of intersections and construciton of additional travel lanes in the street network, both of which are funded with impact fees. ALTERNATIVES CONSIDERED Do not fund the work; find another funding source ADVANTAGES OF APPROVAL The impact fee program could see a decreased level of required funding an construcitno (over a fixed year period) with proper travel demand management. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED None. This is a 3-year agreement with MSU/WTI FUNDING SOURCES Street Impact Fees New Replacement Equipment Project FY19 $50,000 FY20 FY21 PROPOSED AMENDMENT 9/15/2016 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF107 DEPARTMENT STREET IF PROJECT NAME FOWLER RIGHT-OF-WAY PURCHASE FY17 $800,000 FY18 Unscheduled DESCRIPTION OF PROJECT Land purchase for future connection of Fowler (in the area between Oak to Durston) and for the improvement of the intersection of Oak and Davis Lane. ALTERNATIVES CONSIDERED Wait until the property annexes and developes ADVANTAGES OF APPROVAL Allows us to finish the expansion of Oak street (at the chicane) and to extend Fowler. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Standard street mainenance. FUNDING SOURCES Street Impact Fees; with possible disposal of residual property not necessary for Fowler avenue. New Replacement Equipment Project FY19 FY20 FY21 PROPOSED AMENDMENT 9/15/2016