HomeMy WebLinkAboutSIF 112 Summary^<»IK»»wKdCIP Project FundImpact Fees StreetsIpROjicTNIAMEDEPARTMENTSTREET IF{PROJECT NUMBERBE.!.!!fHighland & Main Intersection ImprovementsFY20FY21FY22Unscheduled@ NewReplacementEquipment@ ProjectFY18 FY19$120,000[DESCRIPTioNbFPROJECT•Improve intersection control at Highland & Main|Describe the criticality (i.e., importance) of this project to the operation: Future developments which impact this intersectionjarea may not be allowed to proceed until improvements are in place. Functionality of the network at large is dependent on thisjelement functioning as intended. The incomplete transportation network in this vicinity is putting unnecessary demand on thoseelements of the street network that are in placejHow is capacity affected by this project: Adding additional phases and improving geometry will increase capacity for deficientjmovements at this intersection.[How is connectivity affected by this project: Connectivity already exists at this location, it is capacity which is being expanded.(What regulations or standards are attained with this project: The Level of Service (LOS) Standard (BMC) and conformance with[the Transportation Master Plan are attained.|How is this project leveraged with other stakeholders/projects/funds: A Payback District or SID may be created to leverage other[stakeholders.|Are there other affected projects: Highland Boulevard corridor improvementssALTERNATIVES CONSIDEREDAccept the existing level of service, create an SID for financing.ADVANTAGES OF APPROVALIncreased capacity and safety at this intersection.ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDEDAnnual Operating and Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs.FUNDING SOURCES100% Street Impact Fees277