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Home My WebLink AboutAmendment to the Transportation Impact Fee CIP.pdf Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Chris Saunders Tim McHarg, Director Chris Kukulski, City Manager SUBJECT: Consider amendment to the Transportation Impact Fee Capital Improvement Program to add signalization at the intersection of Fowler Avenue and W. Main Street. MEETING DATE: March 21, 2011 AGENDA ITEM TYPE: Action. RECOMMENDATION: Move to approve an amendment to include on the FY11 transportation impact fee capital improvement listing the signalization of Fowler Avenue and W. Main Street in the amount of $384,580. BACKGROUND: W. Main Street is classed as a principal arterial and Fowler Avenue is classed as a minor arterial. The primary function of arterial streets is to carry large volumes of vehicles over longer distances with a secondary purpose of access to adjoining properties. The functional classification of streets is described in more detail in Section 9.1 in the City’s transportation plan. The City has adopted transportation impact fees to help provide for additional capacity in the arterial and collector streets to provide service to new development within the community. The fees are spent to widen streets, install intersection control, and take related actions to increase capacity. For further information please see Chapter 3.24, Impact Fees, in the Bozeman Municipal Code. The City has established certain criteria which must be satisfied before expending impact fees. Included in those criteria is that a project must be included on the City’s impact fee capital improvement list and funded on that list. A request has been received to include signalization of Fowler Avenue and W. Main Street on the Transportation CIP. As noted above, the two streets are arterial streets and signalization of the intersection will provide service to many. The 2005 traffic counts for the intersecting road segments show a daily load of 24,500 vehicles per day. Main Street is the primary east-west link in the City’s transportation system. Fowler Avenue is a developing north-south link that will eventually provide service from Valley Center Road to Hyalite Canyon. With these characteristics it appears that the signalization will provide material benefit to the overall transportation system by allowing greater daily volumes to be served at a key intersection. 305 The exact cost of the work to complete the intersection is known at $384,579.39. Signalization of major intersections such as the one requested under this item are considered as 100% impact fee eligible for costs of signalization since they serve such a large volume of long distance travelers. Examples of similar projects also funded through impact fees include the intersections of Cottonwood Avenue and W. Main Street, Kagy Blvd. and S 11th Avenue, and Rouse Avenue and Griffin Drive. On February 14, 2011 the City Commission directed Staff to prepare and notice a public hearing to consider this request to amend the CIP. The notice has been correctly published and the Commission may consider the matter at the March 21, 2011 City Commission meeting. Supporting material for the costs for this item was provided to the Staff and Commission earlier and are not duplicated here. Materials may be found through the City website at http://www.bozeman.net/Business/Document-Center. Select the Agendas and Packets (2001- 2011) item under the heading for Commission Meetings. Materials are located under the heading of Mitchell Impact Fee appeal on the January 10, 2011 and February 7, 2011 City Commission meetings and is available for review with the agenda packet for that date. A summary by the applicant is attached, see item 5 on the Mitchell Development Group sheet. The City Engineer’s staff has reviewed the provided costs and has found them reasonable and appropriate to the work performed for the signalization. UNRESOLVED ISSUES: Should the CIP be amended as requested? ALTERNATIVES: 1) Amend the CIP as requested 2) Do not amend the CIP FISCAL EFFECTS: This item will commit the City to funding $384,580 from the Transportation Impact Fee account. There are sufficient funds within that account to cover this commitment. Attachments: Amended CIP listing sheet and summary sheets Mitchell Development Group, LLC summary sheet Report compiled on: March 7, 2011 306 Street Impact Fee*** PROPOSED AMENDMENT***Capital Improvement PlanFinancial SummaryCurrent YearFY11FY12FY13 FY14 FY15 FY16Projected Beginning Reserve Balance Dedicated to CIP7,240,000$ 6,605,420$ 6,562,420$ 3,280,490$ 3,518,841$ 561,760$ Plus: Impact Fee Revenues Dedicated to CIP700,000$ 707,000$ 714,070$ 728,351$ 742,918$ 757,777$ Less: Impact Fee Credits ‐ Mitchell Appeal(384,580)$ Plus: Urban Funds: SIF06, College (Main to 19th)100,000$ 100,000$ 2,264,000$ Plus: Urban Funds: SIF09, Kagy (Willson to 19th)260,000$ 2,400,000$ Less: Scheduled CIP Project Costs(1,050,000)$ (850,000)$ (6,260,000)$ (750,000)$ (6,100,000)$ (100,000)$ Projected Year‐End Cash Dedicated to CIP6,605,420$ 6,562,420$ 3,280,490$ 3,518,841$ 561,760$ 1,219,537$ Assumptions Made for Revenue Estimates:Current YearFY11FY12FY13FY14 FY15 FY16Estimated Annual Street Impact Fee Revenues700,000$ 700,000$ 707,000$ 714,070$ 728,351$ 742,918$ Estimated Annual Increase0.0%1%1%2%2%2%Total Estimated Revenues700,000$ 707,000$ 714,070$ 728,351$ 742,918$ 757,777$ 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%ProjectedProjectedTotal Estimated Revenues Dedicated to CIP700,000$ 707,000$ 714,070$ 728,351$ 742,918$ 757,777$ 30,000,00025,000,00020,000,00015,000,00010,000,0005,000,0000FY12 FY13 FY14 FY15 FY16 UnscheduledStreet Impact Fee Projects 307 CIP PROJECT FUNDPROJ.DEPARTMENPROJECT NAMEFY12FY13FY14FY16UnscheduledFY15FY11Impact Fees StreetsSIF01STREET IFRIGHT OF WAY ACQUISITION$100,000$100,000$100,000$100,000$100,000SIF02STREET IFBAXTER (19TH TO COTTONWOOD)$3,350,000SIF04STREET IFCHURCH$5,800,000SIF05STREET IFCOLLEGE (8TH TO 19TH)$2,000,000SIF06STREET IFCOLLEGE (MAIN TO 19TH)$250,000$5,660,000SIF08STREET IFDURSTON (FOWLER TO FERGUSON)$1,500,000SIF09STREET IFKAGY (WILLSON TO 19TH)$650,000$6,000,000SIF19STREET IFINTERSECTION CONTROL: 27TH & OAK$500,000SIF20STREET IFINTERSECTION CONTROL: 7TH & KAGY$540,000SIF21STREET IFGRAF STREET CONNECTION$1,000,000SIF22STREET IFINTERSECTION CONTROL: COLLEGE & 8TH$750,000SIF23STREET IFHIGHLAND BLVD (MAIN STREET TO KAGY BLVD.)$7,600,000SIF24STREET IFINTERSECTION CONTROL: HIGHLAND AND ELLIS STREET$500,000SIF25STREET IFINTERSECTION CONTROL: HIGHLAND AND KAGY$750,000SIF26STREET IFINTERSECTION CONTROL: CHURCH AND KAGY$750,000SIF27STREET IFINTERSECTION CONTROL: COTTONWOOD ROAD & DURSTON AVE$500,000SIF28STREET IFNORTH 27TH STREET (OAK TO TSCHACHE)$200,000SIF29STREET IFFOWLER/WEST MAIN SIGNAL ‐ INTERSECTION CONTROL$384,580Summary for Impact Fees Streets (18 items)Totals by year:$850,000 $6,260,000 $750,000 $6,100,000$100,000$24,740,000FY12FY13FY14FY15FY16UnscheduledFY11$384,580308 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF29 DEPARTMENT STREET IF PROJECT NAME FOWLER/WEST MAIN SIGNAL - INTERSECTION CONTROL FY12 FY13 FY14 FY15 FY16 Unscheduled DESCRIPTION OF PROJECT Fowler and West Main Signal improvements, as described in the Mitchell Development Group Impact Fee Appeal. ALTERNATIVES CONSIDERED ADVANTAGES OF APPROVAL Improved traffic flow and safety at this intersection. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED FUNDING SOURCES 100% Street Impact Fees New Replacement Equipment Project AMEND FY11 $384,580 309 310