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HomeMy WebLinkAboutA4. Durston Impact fee Page 1 of 5 Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Chris Saunders, Policy and Planning Manager Wendy Thomas, Director of Community Development SUBJECT: Consideration of and action on Durston Road/Laurel Parkway widening impact fee credit request, IFCR1501. Durston Road from Cottonwood Road to western city limits (approximately 2,035 feet) and Laurel Parkway from Durston Road south (approximately 1,350 feet), and signalization of the intersection of Durston Road and Cottonwood Road in the amount of $1,488,185.18. MEETING DATE: Monday, May 18, 2015 AGENDA ITEM TYPE: Action RECOMMENDATION: Approve impact fee credit request IFCR1501 for construction of the widening of Durston Road and Laurel Parkway and signalization of the intersection of Cottonwood Road and Durston Road. Recommended motion: Finding the request to be consistent with the criteria for approval, I move to approve the requested impact fee credit IFCR-1501 in the amount of $1,488,185.18 from the transportation impact fee fund with the conditions as recommended by staff; and authorize the City Manager to sign the impact fee credit agreement. EXECUTIVE SUMMARY: Chapter 2, Article 6, Division 9, BMC authorize the City to conduct an impact fee program. This program includes mechanisms for impact fee credits. The City Commission has approved the widening of Laurel Parkway, project SIF 50; Durston Road, project SIF 64; and intersection improvements at Cottonwood Road and Durston Road, project SIF27; as priority projects for the use of transportation impact fees. The City has required a private development to construct a portion of this project by conditions of approval for development of the Lakes at Valley West subdivision (Conditions 25 and 26). A request for impact fee credits to reimburse the private party for constructing the larger project scope has been received. The requested amount to be funded with impact fees is $1,488,185.18. A breakdown of the costs is included in the impact fee credit request. A 20% contingency is included in the cost estimate. The total project cost is estimated at $2,310,450.33. If the Commission decides favorably on the impact fee credit request, the following four items are recommended conditions of approval: 1. The credit will be paid by check as a single amount for Durston Road, a single amount for Laurel Parkway, and a single amount for the signalization. 431 Page 2 of 5 2. An engineer’s estimate of project costs has been provided and results in a preliminary credit value of $1,488,185.18. A final value will be determined upon completion and acceptance of the work. 3. The reimbursement check for each project will not be issued until the construction has been completed, the work accepted by the City, and final costs including evidence of those costs is provided to and accepted by the City. 4. The applicant shall agree in writing to the above listed conditions of approval prior to the credit offer becoming effective. The fourth condition will be satisfied with the proposed cost share agreement. The City Manager is the signatory for this agreement on behalf of the City. The final text of the agreement will be revised as needed to reflect any changes directed by the City Commission. A draft text is attached. There is a portion of the total project funding which still needs to be finalized. The second page of the applicant’s proposal discusses the funding breakdown. The first sheet of the cost estimate identifies the work and cost of the unfunded portion with some description of each element. BACKGROUND: Requirements for Impact Fee Credits The City’s impact fee program is established in Chapter 2, Article 6, Division 9 of the Bozeman Municipal Code. This local ordinance implements impact fees under the authorizing statute of Title 7, Chapter 6, Part 16 of the Montana Code Annotated. A mechanism for impact fee credits is required under state law and is implemented under Section 2.06.1690, BMC. To qualify for an impact fee credit, a proposed infrastructure construction project must meet certain criteria. If the criteria are not met then the project is not approved. Some of the criteria are adopted to ensure correct use of impact fees, and some are to help ensure that the impact fee program can operate smoothly and effectively. All of the criteria must be satisfied. Criteria 1) Capacity Expanding (beyond project related). Impact fees solely exist to create more infrastructure capacity to serve new development. This criteria ensures that a project is not maintenance or other ineligible activity. The measure of capacity expansion varies by infrastructure type. This is not a locally generated or flexible criteria. The proposed construction includes both capacity expanding and project related elements. The credit request submittal material has separated the costs for these two components. Only the impact fee eligible portions are the subject of the credit request. Staff will verify with the final bills that impact fees have only been used for appropriate work. A condition of approval includes this restriction. Staff finds that this criterion has been met. Criteria 2) Not Project Related. This criterion separates the capacity expanding improvements which are necessary for the minimum service to the installing development from those which expand capacity in the overall infrastructure systems. Compliance with minimum standards are included in the definition of “project related” improvements. Examples of project related improvements include local streets and minimum diameter 432 Page 3 of 5 water mains. This is not a locally generated or flexible criterion. A local definition of Project Related is established in Section 2.06.1630.A.14, BMC. The proposed construction includes both capacity expanding and project related elements. The credit request information has separated the costs for these two components. Only the impact fee eligible portions are the subject of the credit request. Staff will verify with the final bills that fees have only been used for appropriate work. A condition of approval includes this restriction. Staff finds this criterion has been met. For informational purposes: the project related non-impact fee eligible share of street improvements is divided into four components. 1) The developer will be directly responsible for an estimated $270,262 in project related improvements for Durston Road. This includes constructing curbing of Durston Road immediately adjacent to their property, pedestrian facility installation, and some lighting and stormwater improvements. 2) The second component is approximately $397,290 for local components of Laurel Parkway such as two travel lanes, sidewalks, and curbing. 3) The third component is installation of sidewalk across existing developed areas (Bronken Park) where sidewalks have not been installed; culverts, and excavation. This is estimated at $142,460. The City could commit funds to pay for local share of work adjacent to Bronken Park. City non-impact fee funds have not been budgeted but could include payments from the cash-in-lieu of parkland fund. The applicant discusses this on the second page of their preliminary construction proposal. 4) The City, by policy, funds 60% of project cost for signalization of intersections from impact fees. The remaining 40% must come from other funds. In this case, there are multiple subdivisions in the near area which need the improvements to the intersection in order to develop. The 40% is proposed to be provided by private development in the amount of $51,700 from the Lakes at Valley West and $51,700 from other developers in the area. Criteria 3) CIP Listed. The City prepares a Capital Improvement Program (CIP) to schedule the construction of infrastructure. The CIP provides a means to describe future work and its sequencing that can be available both to staff and the public. The CIP coordinates multiple funding sources, including impact fees, to support construction of major projects. The CIP contains a subset of the possible capacity expanding projects described in the facility plans. As a rolling five year document, the CIP provides a near term understanding of expected expansion work. The work is included as scheduled projects in FY 2016 and FY2019. Staff finds that the criterion has been met. Criterion 4) CIP Funded. The impact fee CIP lists funding for capacity expanding projects over the next five years. Sometimes the City includes projects on the CIP which do not have full funds allocated to them. This may be due to a project spanning multiple years with initial phases at the latter end of the CIP, as an advisory of what projects are being considered as the next possibilities for funding, or to hold an option open for the Commission to adjust the CIP scheduling as needs in the community change. Projects which have no allocated funds need to be moved into the funded schedule before they are available for impact fee credits. The projects are funded in FY 2016 and FY 2019 for an appropriate amount. A copy of the listing sheets is attached. Staff finds that the criterion has been met. 433 Page 4 of 5 Criterion 5) Timely Request (before construction or dedication). The City Commission has stewardship for the paid impact fee funds and the City’s infrastructure. To enable the Commission to act deliberately in establishing the impact fee work program, the provisions of Chapter 2, Article 6, Division 9, BMC include a requirement that prior to undertaking work for which impact fee credits are desired an applicant must first get approval for impact fee credits. This enables the City Commission to manage the financial commitments of the City and the overall health of the impact fee program without unexpected surprises and funding commitments which interfere with high priority projects. The impact fee program is required to keep a positive projected fund balance at the end of the five year time horizon of the CIP. The applicant has submitted the required request for credit in a timely manner. Staff finds that this criterion has been met. Credit Types If a credit is requested and meets the adopted criteria, Section 2.06.1690.G provides for three different means to award a credit. The three options are described in the ordinance: “Upon receipt of such a written request, the city may, at its discretion: 1. Arrange for the reimbursement of such excess credit from the impact fee fund for the same type of service or facility from development impact fees paid by others; 2. Arrange for the reimbursement of such excess credit through the issuance of a promissory note payable in not more than ten years and bearing interest equal to the interest rate paid by the city for its long-term debt; or 3. Reject the request for cash and provide credit. Such excess credit shall be valued at 100 percent of actual developer costs for the excess improvements, or at the actual appraised value of such excess improvements, at the city's option. The choice of which credit mechanism to use is at the discretion of the City. The credit applicant may indicate their preference. They prefer option 1 as it will provide the simplest and most expeditious processing of the request. Staff supports this request as it is minimizes administrative effort in paying the credit. UNRESOLVED ISSUES: Whether or not the City will commit funds for the Bronken Park local share. FISCAL EFFECTS: The commitment from the transportation impact fee fund is $1,488,185.18. The Bronken Park local share is not yet committed. ALTERNATIVES: 1) Grant the credit as requested. 2) Make findings as to why the credit does not meet the required criteria and do not approve the requested credit. Attachments: Initial credit application request form and proposal Cost estimate sheet Schematic street design Schematic intersection design 434 Page 5 of 5 Draft impact fee cost share agreement Capital Improvement Program project listings Report compiled on: May 6, 2015 435 436 Preliminary Construction Proposal – Exhibit 1 The Lakes at Valley West – Durston Road and Laurel Parkway Street Improvements The Project: To construct Durston Road and Laurel Parkway to full City of Bozeman Standards including the installation of a traffic signal at the Cottonwood Road/Durston Road intersection. Durston Road is classified as a Minor Arterial. Laurel Parkway is classified as a Collector. Typical Sections for each of these roadways are attached with this proposal. At the November 17, 2014 City Commission meeting transportation improvements were discussed in detail. A major aspect of the discussion was the need to complete road improvements as the City grows and the City’s desire to avoid partial or intermittent improvements to roadways within the City. The existing Durston Road between Fowler Avenue and Ferguson Avenue is a prime example. Durston Road is complete to the east of Fowler and West of Ferguson but in many places in between is partially constructed or simply constructed to a county road standard. City Staff and the commission discussed efforts to avoid this situation in the future. Recent proposals for development on the west side of Bozeman are straining the Cottonwood/Durston intersection. According to the Traffic Study prepared by Morrison-Maierle, Inc. for “The Lakes at Valley West”, this intersection is currently operating at a level of service D. Proposed development to be served by the intersection will result in the level of service F in the near future. This proposal provides a plan to effectively mitigate the effects of development on the level of service to maintain acceptable levels of service as development occurs. This proposal provides a plan and funding mechanism to avoid the construction of partial or intermittent improvements to both Durston Road and Laurel Parkway as the City grows to the west of Cottonwood Road and maintain acceptable levels of service at the Cottonwood Road/Durston Road intersection. Durston Road and Laurel Parkway will be constructed to City Standards avoiding the partial or intermittent roadway construction that the City is trying to avoid. Proposed Improvements: Durston Road: The road section is illustrated on the attached Durston Road Minor Arterial Section. The construction limits will be from Cottonwood Road on the east and the city limits line on the west as illustrated on Figure 2 – Durston Road and Laurel Parkway Improvements. Improvements: - Curb and Gutter on the south side of Durston Road - Widening the south side of Durston Road to match the existing road section to the east of Cottonwood Road. - A 6’ wide sidewalk on the south side of Durston Road. - Street Lights as needed on the south side of Durston Road. - Signing and Striping. - Drainage improvements and culvert extensions at existing culvert locations. - Relocating the existing ditch along Bronken Park to accommodate the widening. Durston/Cottonwood Signal: A signal will be installed at the Durston Road/Cottonwood Road intersection as depicted on the exhibit entitled “Durston Road and Cottonwood Road Traffic Signal”. 437 The east and west legs of the intersection, on Durston Road, will be complete with this project. The north and south legs, on Cottonwood Road will remain in the existing configuration to be completed by the City of Bozeman with a future project addressing the widening of Cottonwood Road. The signal equipment, poles, and mast arms will be placed at temporary locations until the widening but the design will allow them to be used in the future to the greatest extent possible. Laurel Parkway: The road section is illustrated on the attached Laurel Parkway Collector Street Section. The construction limits will be from Durston Road to the south boundary of The Lakes at Valley West as illustrated on Figure 3 – Durston Road and Laurel Parkway Street Improvements. Improvements: - Curb Gutter including median. - Construction of Road Surface. - Sidewalks on both sides of roadway. - Street Lights. - Signing and Striping. - Drainage Improvements. Project Funding: A funding proposal is provided on the attached “Project Funding Proposal – The Lakes at Valley West – Roadway Improvements.” This funding scenario is based on providing a method to finance the signalization of the Durston/Cottonwood intersection. Currently there has been a significant level of development approved in the area without any contribution to the intersection. This previously approved level of development, without additional projects, is enough to drop the level of service to F in the short term. It will be difficult, if not impossible, to collect a contribution from previously approved projects moving forward. This funding proposal, to some degree, addresses this situation. The total cost of the project is estimated to be $2,310,450. The improvements will be completed by the developer through a combination of private funds and city funds as follows: Durston/Cottonwood Durston Road Laurel Parkway Intersection Total Estimated Developer Funding: $ 300,538 $ 343,530 $ 103,400 $ 747,468 Estimated Impact Fee Funding: $ 944,195 $ 304,390 $ 239,600 $1,488,185 Estimated Additional Funding: $ 74,797 0 $ 0 $ 74,797 $1,319,530 $ 647,920 $ 343,000 $2,310,450 The Additional Funding is anticipated to be provided by a combination city funding. It is primarily associated with the sidewalk fronting Durston Road along Bronken Park. It needs to be noted that this amount is well within the contingency provided for the overall project. Possible sources to make up the difference, if the funds are needed, include use of cash-in-lieu of parks funds collected by the City for trails, open space and parks funds to fund sidewalks and the relocation of the existing ditch along Bronken Park, or street maintenance assessment funds. Other sources may also be available. Laurel Parkway is currently included in the Capital Improvement Plan for Impact Fees for the 2016 fiscal year. Durston Road was recently added to the Capital Improvement Plan for Impact Fees for the 438 2015/2016 fiscal years. At this time The City of Bozeman is committing 60% of the funds to design, finance, and construct the improvements using impact fees. Full funding for the intersection is available in fiscal year 2019. In other words, the City of Bozeman will be able to fund 100% of the cost of the intersection in 2019. The developer is requesting that reimbursement be by cash payment upon completion of the project and acceptance by the City. Payment request will be submitted with required supporting documentation. Payments will be made according to the proportionate share of the actual work completed according to the agreed upon schedule of values. This proposal was made to City Staff and the City Commission on December 8, 2014 at the regularly scheduled City Commission meeting in preliminary form. The addition of this section of Durston Road to the Capital Improvements Plan for Impact Fees was supported by both staff and the City Commission paving the way to move the proposal to the next phase of planning and eventually construction. This is an updated version of the original plan that has evolved based on the cooperative efforts of City Staff and Kilday & Stratton, Inc. the developers of The Lakes at Valley West. Moving Forward The first step in moving the project forward is to finalize a plan to present to the City Commission for approval. The plan will need to be submitted prior to the commission review of The Lakes at Valley West to allow the Traditions to move forward as proposed. The following steps present a path to move the project forward. The goal is to construct the improvements during the spring and summer of 2015 concurrently with the first two phases of “The Lakes at Valley West”. Impact Fee Credit Application: The first step will be to submit an Impact Fee Credit Application to the City of Bozeman. The application has been submitted and is included in this section of the Preliminary Plat Application for “The Lakes at Valley West.” Impact Fee Agreement: A draft of this agreement is included in this section and has been submitted to the City of Bozeman for review. Preliminary Planning and Design/Design Report: Preliminary Plans and design report will be prepared immediately following approval of the Impact Fee Agreement. A design contract has been executed with Morrison-Maierle, Inc. and plan preparation is underway. Kilday & Stratton, Inc. in conjunction with Morrison-Maierle, Inc. is providing preliminary planning and design report services. Final Construction Plans: Prepared based on preliminary plan/design report review comments. Construction: We propose to start construction June 1, 2015 and plan a 60 day construction schedule to complete Durston Road. Laurel Parkway will be completed in conjunction with Phases 1 and 2 of The Lakes at Valley West. Construction management will be provided by Kilday & Stratton, Inc. A contract has been executed with Morrison-Maierle, Inc. to provide construction engineering services. Planning and Engineering: A budget has been established for engineering, planning, and management services. The following consultants will be providing these services: 439 Planning and Management: Kilday & Stratton, Inc. Planning, Engineering Design and Construction Engineering: Morrison-Maierle, Inc. Wetlands Consulting/Permits: Vaughn Environmental Final Plat and Building Permits: The intersection of Cottonwood and Durston is currently operating at a Level of Service D. Improvements are required per the Municipal Code to improve the Level of Service to C. In order to reach that level of service through the year 2018 a four-way stop controlled intersection would be adequate. For longer term needs a traffic signal is required. It is understood that a signal will be required for the development and the design is in process. The concern is that the time to complete the signal improvements is much greater than that of typical subdivision improvements. This is primarily due to the procurement of signal poles and mast arms as they are not readily available and cannot be ordered until the design work is fully completed. This delay causes problems in terms of being able to obtain building permits in a timely fashion. As a way to mitigate this problem we request the following: A portion of the building permits for The Lakes and the Traditions will be issued with the implementation of a four-way stop controlled intersection while restricting the remaining building permits until the signal is operational. This will allow for the applicants to move forward in a timely manner but also provide full incentive for the applicant to complete the signal project in a timely fashion. It is proposed that 30 building permits be issued for the Lakes and 26 permits for the traditions. The following items will be required prior to the release of the initial building permits (outside of PUD concurrent construction process): 1. Plan and specification approval of the signal and subdivision infrastructure. 2. Construction of an interim four-way stop which will include the completion of the geometric improvements to the intersection to allow for east and west left hand turn lanes. 3. Completion of or a financial guarantee and improvements agreement for all other subdivision improvements 4. Financial guarantee and improvements agreement for the signal 440 Durston Road and Laurel ParkwayConstruction Cost EstimateImpact Fee Eligible Item Evaluation4/14/2015The Lakes atImpact FeeOther Local Other FundingItemSub ItemCost DescriptionTotal Estimated Cost Valley WestFundsShareSource Additional Comments Regarding Funding SplitDurston RoadThe Lakes PUD FrontageBased on 2,350 linear feet of road improvementsCurb and Gutter$12/foot28,200$                              28,200$                             Curb and gutter is a required local share improvementExcavation and GravelExcavation and gravel is based on a 22 foot wide section that is 2.5 feet deep and includes 2 feet of pit run and 0.5 feet of  cushion gravel.  Excavation is estimated at $4/cy, pit run at $15/cy and cushion at $21.50/cy.97,760$                              17,775$                               79,985$                          The existing asphalt is 33 feet wide which is wider than the required local street.  The excavation and gravel associated with the curb and gutter (4 foot width) is included as a non impact fee eligible expense.AsphaltAsphalt is based on an 18 foot wide section ‐ 4" thick at $65/ton69,247$                              69,247$                          Since existing asphalt is adequate for local share, all widening is impact fee eligible.SidewalkSidewalk is 6 feet wide and 6" thick.  Cost is estimated at $6.50 /sf91,650$                              91,650$                               ‐$                                 Street LightsStreet lights are estimated at $7,500 each with an estimated 7 required on this frontage.52,500$                              15,000$                               37,500$                          Street lights are only required at intersections on local streets therefore 2 are not impact fee eligible.Signing and StripingEstimated at a lump sum of $30,00030,000$                              1,000$                                 29,000$                          Striping is not required on local streets so all of that component is impact fee eligible, the only non‐eligible impact fee signing is intersection signing.CulvertsCulvert extensions and potential additional culverts are estimated at a lump sum of $50,00050,000$                              15,000$                               35,000$                          Final details regarding culverts will be determined during design.  For culvert extensions it is anticipated that the local share will include what's required to add curb and gutter to the existing section.  For additional culverts and/or culvert replacements, the local share is based on 1/2 of the length required for a local width road. Bronken Park FrontageBased on 1,780 linear feet of road improvementsCurb and Gutter$12/foot21,360$                              21,360$                             Curb and gutter is a required local share improvementExcavation and GravelExcavation and gravel is based on a 22 foot wide section that is 2.5 feet deep and includes 2 feet of pit run and 0.5 feet of  cushion gravel.  Excavation is estimated at $4/cy, pit run at $15/cy and cushion at $21.50/cy.74,511$                              60,964$                          13,547$                   The existing asphalt is 33 feet wide which is wider than the required local street.  The excavation and gravel associated with the curb and gutter (4 foot width) is included as a non impact fee eligible expense.AsphaltAsphalt is based on an 18 foot wide section ‐ 4" thick at $65/ton51,544$                              51,544$                          Since existing asphalt is adequate for local share, all widening is impact fee eligible.SidewalkSidewalk is 6 feet wide and 6" thick.  Cost is estimated at $6.50 /sf68,250$                              14,000$                               54,250$                   Street LightsStreet lights are estimated at $7,500 each with an estimated 5 required on this frontage.37,500$                              37,500$                          Street lights are only required at intersections on local streets and the park frontage does not have any intersections.Signing and StripingEstimated at a lump sum of $25,00025,000$                              25,000$                          Striping is not required on local streets so all of that component is impact fee eligible, the only non‐eligible impact fee signing is intersection signing.CulvertsCulvert extensions and potential additional culverts are estimated at a lump sum of $45,00045,000$                              38,000$                          7,000$                      Final details regarding culverts will be determined during design.  For culvert extensions it is anticipated that the local share will include what's required to add curb and gutter to the existing section and inlude the back slope needed to match existing ground.  For additional culverts and/or culvert replacements, the local share is based on the length required for a local width road. Ditch RelocationEstimated at a lump sum of $200,000200,000$                           200,000$                        The ditch relocation is fully impact fee eligible as the only local share widening requirement is for curb and gutter and this could be installed without relocating the ditch.Subtotal942,522$                           203,985$                            663,740$                       74,797$                  Contingency at 20%188,504$                           48,277$                             140,228$                       Engineering and Planning at 20%188,504$                           48,277$                             140,228$                       Total Durston Road1,319,530$                        300,538$                            944,195$                       74,797$                  This budget level estimate is based on the project concept and not detailed plans.  Not all items are fully included in the line item estimates and as such it should be anticipated that some of the contingency funds listed will be needed for unlisted items.441 Laurel ParkwayDurston to south boundary of The LakesBased on 1,350 linear feet of road improvementsCurb and Gutter$12/foot64,800$                              32,400$                               32,400$                          Curb and gutter is a required local share improvement with the exception of median curb which is impact fee eligible.Excavation/Gravel/Median LandscapeExcavation and gravel is based on a 66 foot wide section that is 2.5 feet deep and includes 2 feet of pit run and 0.5 feet of  cushion gravel.  Excavation is estimated at $4/cy, pit run at $15/cy and cushion at $21.50/cy.  The median will not require gravel; however, landscaping will add cost.170,100$                           90,205$                               79,895$                          A 37 foot excavation width is used for the local share in order to build a standard local street.  The remaining width is impact fee eligible.AsphaltAsphalt is based on an 46 foot wide section ‐ 4" thick at $65/ton100,800$                           44,374$                               56,426$                          A local street has a 29 foot width and a 3" section.  The additional width and the additional 1" depth is impact fee eligible.SidewalkSidewalk is 6 feet wide and 6" thick.  Cost is estimated at $6.50 /sf54,600$                              41,400$                               13,200$                          Since local street requires 5 foot wide sidewalk at 4" thickness the local share is based on $4.50/sf where fronted by residential or open space with the remaining cost for additional width and thickness listed as impact fee eligible.  Local share pays full cost where fronted by park land.  Sidewalk is only to be installed within the Phase 1 and Phase 2 boundaries at this time. The remaining sidewalk will be installed with park or open space improvements during corresponding future phases.Street LightsStreet lights are estimated at $7,500 each with an estimated 3 required on this frontage.22,500$                              15,000$                               7,500$                             Street lights are only required at intersections on local streets therefore an estimated 2 are not impact fee eligible.Signing and StripingEstimated at a lump sum of $25,00025,000$                              2,000$                                 23,000$                          Striping is not required on local streets so all of that component is impact fee eligible, the only non‐eligible impact fee signing is intersection signing.Misc. Storm Drainage ImprovementsStorm drainage improvements are estimated at a lump sum of $25,00025,000$                              20,000$                               5,000$                             Final details regarding storm drainage improvements will be determined during design.  It is not anticipated that the wider than local street will increase pipe size or the number of inlets; however, the lead pipes to inlets will be longer due to the wider street section.  Further review of this item will be required once the design is finalized to fully determine how the cost is split between the funding sources. Subtotal462,800$                           245,378$                            217,422$                       ‐$                         Contingency at 20%92,560$                              49,076$                             43,484$                         ‐$                         Engineering and Planning at 20%92,560$                              49,076$                             43,484$                         ‐$                         Total Laurel Parkway647,920$                           343,530$                            304,390$                       ‐$                         OtherCottonwood/Durston IntersectionBased on Temporary Signal PlanLocal ShareOther Developer FundingGeometrics43,000.00$                        8,600.00$                           25,800.00$                    8,600.00$                        Signal90,000.00$                        18,000.00$                        54,000.00$                    18,000.00$                      Traffic Control, Signing, Striping12,000.00$                        2,400.00$                           7,200.00$                      2,400.00$                        Mob/Demob,Bonding, Insurance28,500.00$                        5,700.00$                           17,100.00$                    5,700.00$                        Subtotal173,500.00$                      34,700.00$                        104,100.00$                 34,700.00$                      Contingency and Unlisted Items85,000.00$                        17,000.00$                        51,000.00$                    17,000.00$                      Engineering and Planning84,500.00$                        84,500.00$                    Total Cottonwood/Durston Intersection343,000.00$                     51,700.00$                        239,600.00$                 51,700.00$                      ‐$                         Total Project Cost2,310,450.33$                  695,767.70$                      1,488,185.18$             51,700.00$                      74,797.45$            442 443 444 445 446 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF27 DEPARTMENT STREET IF PROJECT NAME COTTONWOOD & DURSTON (INTERSECTION) FY16 FY17 Unscheduled DESCRIPTION OF PROJECT Includes installation of a traffic signal, roundabout or other adequate traffic control device when warrants are met. Cottonwood Road is currently a two-lane principal arterial roadway and Durston Road is a three-lane minor arterial. ALTERNATIVES CONSIDERED Do nothing or consider other alternatives as suggested by MDT. Create an SID or identify other and apply for other potential sources of funding (CMAQ…) ADVANTAGES OF APPROVAL Increased capacity and safety at this intersection. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating and Maintenance Costs: None FUNDING SOURCES Proposed 60% Impact Fees and 40% Local Share (other). New Replacement Equipment Project Impact Fee Funds Project and Equipment Scoring TOTAL SCORE:30 FY18 REQUIRED - CAPITAL or DEBT SERVICE REQUIRED - USEFUL LIFE 10+ YEARS REQUIRED - CAPACITY EXPANDING BENEFITS TO NEW DEVELOPMENT: (Up to 20 pts)20 DIRECT BENEFITS: (Up to 10 pts)5 FUNDING CERTAINTY: (Up to 10 pts)5 COMMISSION WORK PLAN PRIORITY: (Up to 10 pts)0 FY19 $660,000 FY20 194 CITY OF BOZEMAN CAPITAL IMPROVEMENT PLAN 447 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF50 DEPARTMENT STREET IF PROJECT NAME LAUREL PARKWAY (DURSTON TO BABCOCK) FY16 $700,000 FY17 Unscheduled DESCRIPTION OF PROJECT Expand 0.78 miles of Laurel Parkway from Durston Road to Fallon Street from 2 lanes to 3 lanes with initial construction of the street. ALTERNATIVES CONSIDERED Defer widening until a future date when it will be more costly as existing road improvements will be damaged and require repair. ADVANTAGES OF APPROVAL The project would allow the construction of the new street with the center turn lane as depicted in the City’s adopted Transportation Plan. The turn lane adds approximately 33% additional capacity per Table 9-1 of the transportation plan compared to a two lane road. To later widen a street from 2 lanes to 3 lanes after it is constructed is one of the most costly ways to add capacity. Therefore, it is very cost advantageous to the City to fund this widening now to occur with the initial street construction. This amendment will support the next phases of the Norton East Ranch Subdivision and Valley West Subdivision. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Routine O&M will be required once constructed. FUNDING SOURCES Impact fees $152,400, the balance of the work will be a subdivision project improvement. New Replacement Equipment Project Impact Fee Funds Project and Equipment Scoring TOTAL SCORE:20 FY18 REQUIRED - CAPITAL or DEBT SERVICE REQUIRED - USEFUL LIFE 10+ YEARS REQUIRED - CAPACITY EXPANDING BENEFITS TO NEW DEVELOPMENT: (Up to 20 pts)10 DIRECT BENEFITS: (Up to 10 pts)5 FUNDING CERTAINTY: (Up to 10 pts)5 COMMISSION WORK PLAN PRIORITY: (Up to 10 pts)0 FY19 FY20 203 CITY OF BOZEMAN CAPITAL IMPROVEMENT PLAN 448 CIP Project Fund Impact Fees Streets PROJECT NUMBER SIF64 DEPARTMENT STREET IF PROJECT NAME DURSTON (WESTERN CITY LIMITS TO COTTONWOOD) FY16 $1,012,000 FY17 Unscheduled DESCRIPTION OF PROJECT Complete Durston Road from Cottonwood Lane to the current western city limit to an urban minor arterial standard. ALTERNATIVES CONSIDERED Continue with the facility as is. ADVANTAGES OF APPROVAL Increased capacity and safety in this corridor, both for motorized vehicles as well as bicycles 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 Street Impact Fees New Replacement Equipment Project Impact Fee Funds Project and Equipment Scoring TOTAL SCORE: FY18 REQUIRED - CAPITAL or DEBT SERVICE REQUIRED - USEFUL LIFE 10+ YEARS REQUIRED - CAPACITY EXPANDING BENEFITS TO NEW DEVELOPMENT: (Up to 20 pts) DIRECT BENEFITS: (Up to 10 pts) FUNDING CERTAINTY: (Up to 10 pts) COMMISSION WORK PLAN PRIORITY: (Up to 10 pts) FY19 FY20 217 CITY OF BOZEMAN CAPITAL IMPROVEMENT PLAN 449