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Home My WebLink AboutA3. Arterial and Collector CIP Commission Memorandum REPORT TO: Honorable Mayor and City Commission FROM: Anna Rosenberry, Administrative Services Director SUBJECT: Adopt the Arterial and Collector District Capital Improvement Plan (CIP) for Fiscal Years 2017-2021. AGENDA ITEM TYPE: Action MEETING DATE: December 14, 2015 RECOMMENDATION: Adopt the Arterial and Collector District Capital Improvement Plan (CIP) for Fiscal Years 2017-2021. SUGGESTED MOTION: I move to adopt the Arterial and Collector District Capital Improvement Plan (CIP) for Fiscal Years 2017-2021. BACKGROUND: Each year, the City Manager is required to prepare a 5 Year Capital Improvements Plan and submit it to the Commission by December 15th. The Public Works department, City Manager, and other city staff met during October - November to develop the attached Capital Plan for the capital needs of the Arterial and Collector District (A&CD). This District’s capital plan is new to the CIP this year, coming after the creation of the District this past summer. Items of Note: 346 • Because of the role Street Impact Fees play in the expansion of our Arterial & Collector streets, the A&CD capital plan is tied to projects on that CIP. Many projects receive funding from both sources. • The question of intersection funding is critical in scheduling both the Street Impact Fee and Arterial & Collector District CIP’s. Our recommendation is to fund intersections at 80% impact fee eligible and 20% from the Arterial & Collector District. o This is a policy change from a 60% Impact Fee/40% Local Share split that currently exists for intersections. o By using the Arterial & Collector District to help fund intersections at 20%, we are able to build more intersection improvements than if the district were required to contribute 40% to the projects. Therefore, this policy recommendation maximizes improvements to the transportation network over the 5 year capital improvement plan. • In FY19, FY20 & FY21, the District will be providing the “local share” of some projects in advance of development. These projects are noted with an “*”. The city will create a payback district to recover the “local share” once an adjacent project is developed. This payback will be deposited to the Arterial & Collector Fund. At the end of this 5-year plan, payback improvements are estimated to total over $4.1 million. o We have recorded the amount of “local share” payback improvements are funded each year on the Financial Summary, below the Projected Year-End Cash. o We anticipate that some of these payback amounts will come back to the Arterial & Collector Fund as projects develop; but, for purposes of this plan we have not relied on receiving any of that money to fund projects. This is a conservative approach to a difficult-to-estimate cash flow. o We anticipate a payback for “local share” of these projects would be made at the time a development project is approved. • The District’s revenues are projected to increase by the increments that were established when we created the district. These changes will need to be approved each year, at the time we adopt the annual Assessment Resolution. UNRESOLVED ISSUES: None. 347 ALTERNATIVES: As suggested by the City Commission. If the Commission does not wish to adopt this schedule tonight, it can be scheduled for approval on a later agenda. FISCAL EFFECTS: This step in the process has no fiscal effect. Once adopted, the Capital Improvements Plan becomes the basis of the City Manager’s Recommended Budget for FY17. Report compiled on: December 7, 2015 Attached: Arterial and Collector District CIP 348 Arterial & Collector District Fund Capital Improvement Plan Financial SummaryCurrent YearFY16FY17FY18 FY19 FY20 FY21UnscheduledProjected Beginning Reserve Balance Dedicated to CIP‐$ ‐$ 80,000$ 469,956$ 524,880$ (179,409)$ Plus: Assessment Revenues Dedicated to CIP555,000$ 1,110,000$ 2,020,200$ 2,060,604$ 2,101,816$ 2,143,852$ ‐$ Less: Scheduled CIP Project Costs(555,000)$ (1,030,000)$ (1,630,244)$ (2,005,680)$ (2,806,105)$ (666,000)$ (692,400)$ Projected Year‐End Cash Dedicated to CIP‐$ 80,000$ 469,956$ 524,880$ (179,409)$ 1,298,443$ (692,400)$ Beginning Balance of Payback Improvements:‐$ ‐$ ‐$ ‐$ (1,320,000)$ (3,836,275)$ New Payback Projects‐$ ‐$ ‐$ (1,320,000)$ (2,516,275)$ (334,000)$ Ending Balance of Payback Improvements:‐$ ‐$ ‐$ (1,320,000)$ (3,836,275)$ (4,170,275)$ Assumptions Made for Revenue Estimates:Current YearFY16FY17FY18FY19FY20FY21Estimated Annual Assessment Revenues‐$ 555,000$ 1,110,000$ 2,020,200$ 2,060,604$ 2,101,816$ Estimated Annual Increase100.0%100%82%2%2%2%Total Estimated Revenues555,000$ 1,110,000$ 2,020,200$ 2,060,604$ 2,101,816$ 2,143,852$ Current Revenues Dedicated to CIP %100.0%100.0% 100.0% 100.0% 100.0% 100.0% Plus: Increase Dedicated to 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 CIP555,000$ 1,110,000$ 2,020,200$ 2,060,604$ 2,101,816$ 2,143,852$ ProjectedProjectedCURRENT3,000,0002,500,0002,000,0001,500,0001,000,000FY17 FY18 FY19 FY20 FY21 UnscheduledArterial & Collector Projects 349 CIP PROJECT FUPROJ.DEPARTMENTPROJECT NAMEFY17UnscheduledFY21FY18FY19FY20Arterial & Collector StreetsSIF036STREET IFCOTTONWOOD (BABCOCK TO DURSTON)* ‐ CONSTRUCTION$1,277,942SIF039STREET IFFERGUSON & DURSTON (INTERSECTION) ‐ CONSTRUCTION$451,244SIF055STREET IFBAXTER (19TH TO DAVIS) ‐ CONSTRUCTION$500,000SIF057STREET IFOAK (FERGUSON TO COTTONWOOD) ‐ CONSTRUCTION$239,000SIF058STREET IFN. 27TH &OAK (INTERSECTION) ‐ CONSTRUCTION$200,000SIF061STREET IFOAK & FERGUSON (INTERSECTION) ‐ CONSTRUCTION$200,000SIF062STREET IFDURSTON (COTTONWOOD TO FOWLER) ‐ CONSTRUCTION$540,000SIF063STREET IFFOWLER & BABCOCK (INTERSECTION) ‐ CONSTRUCTION$200,000SIF069STREET IFFERGUSON & DURSTON (INTERSECTION) ‐ DESIGN$30,000SIF072STREET IFBAXTER (FERGUSON TO COTTONWOOD) ‐ CONSTRUCTION$500,000SIF073STREET IFFOWLER & DURSTON (INTERSECTION) ‐ CONSTRUCTION$200,000SIF074STREET IFFOWLER & OAK (INTERSECTION) ‐ CONSTRUCTION$200,000SIF076STREET IFFOWLER CONNECTION (HUFFINE TO OAK)* ‐ DESIGN$666,000SIF086STREET IFBAXTER & COTTONWOOD (INTERSECTION) ‐ CONSTRUCTION$92,400SIF098STREET IFOAK & COTTONWOOD (INTERSECTION ‐ ROUNDABOUT) ‐ CONSTRUCTION$685,680SIF102STREET IFS 11TH AVE (KAGY BLVD TO GRAF ST EXTENSION)* ‐ CONSTRUCTION$1,320,000SIF104STREET IFCOTTONWOOD & BABCOCK (INTERSECTION‐SIGNAL)$287,067350 CIP PROJECT FUPROJ.DEPARTMENTPROJECT NAMEFY17UnscheduledFY21FY18FY19FY20SIF105STREET IFCOTTONWOOD (DURSTON ‐ OAK)* ‐ CONSTRUCTION$1,238,333$666,000$1,030,000$1,630,244$2,005,680$2,803,342$692,400Summary for Arterial & Collector Streets (18 items)Totals by year:$666,000$1,030,000 $1,630,244$692,400FY21FY17FY18UnscheduledFY20$2,803,342$2,005,680FY19351 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF036 DEPARTMENT STREET IF PROJECT NAME COTTONWOOD (BABCOCK TO DURSTON)* - CONSTRUCTION FY17 FY18 Unscheduled DESCRIPTION OF PROJECT This project consists of widening Cottonwood Road from West Babcock Street to Baxter Street to a three lane urban arterial standard. This includes one travel lane in each direction, bike lanes on each side, curb and gutter throughout, boulevard, sidewalks and a raised median. Cottonwood Road serves as an important element in Bozeman's west side street system and serves as a primary north-south corridor on the west side of the city. ALTERNATIVES CONSIDERED SID for full financing, Urban funds or incremental construction by developers. ADVANTAGES OF APPROVAL Improved traffic flow and safety in this corridor. 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 ($1,275,178) and the Arterial & Collector District ($1,280,705). A development payback district will be created to reimburse Arterial & Collector District for any local share (project related) costs that may be allocated to future developments (estimated at $1,400,000). New Replacement Equipment Project FY19 FY20 $1,277,942 FY21 352 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF039 DEPARTMENT STREET IF PROJECT NAME FERGUSON & DURSTON (INTERSECTION) - CONSTRUCTION FY17 FY18 $451,244 Unscheduled DESCRIPTION OF PROJECT Control of the intersection of 7th Avenue and Griffin Drive. Includes the installation of a traffic signal or roundabout. Future development and the resulting increased traffic indicate that intersection improvements will be needed. ALTERNATIVES CONSIDERED Accept the current level of service (do nothing). Alternative financing could be provided by creating an SID or Payback District. ADVANTAGES OF APPROVAL Improved traffic flow and safety at this intersection. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating and Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. FUNDING SOURCES This project is funded by Street Impact Fees ($1,804,976) and the Arterial & Collector District ($451,244). New Replacement Equipment Project FY19 FY20 FY21 353 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF055 DEPARTMENT STREET IF PROJECT NAME BAXTER (19th TO DAVIS) - CONSTRUCTION FY17 $500,000 FY18 Unscheduled DESCRIPTION OF PROJECT Complete Baxter Road from 19th to Davis to a 3 lane urban minor arterial standard including sidewalks, parking, medians, boulevards and bike lanes. 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 ($1,000,000) and the Arterial & Collector District ($500,000). 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 (etimated at $500,000). New Replacement Equipment Project FY19 FY20 FY21 354 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF057 DEPARTMENT STREET IF PROJECT NAME OAK (FERGUSON TO COTTONWOOD) - CONSTRUCTION FY17 FY18 $239,000 Unscheduled DESCRIPTION OF PROJECT This Project is the completion of the street segment of Oak Street, from New Holland to Ferguson. Currently, the south half of the street is missing, creating a bottleneck in the street network. 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 ($761,000) and the Arterial & Collector District ($239,000). 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 $261,000). New Replacement Equipment Project FY19 FY20 FY21 355 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF058 DEPARTMENT STREET IF PROJECT NAME N. 27th &OAK (INTERSECTION) - CONSTRUCTION FY17 FY18 $200,000 Unscheduled DESCRIPTION OF PROJECT Includes installation of a traffic signal, roundabout or other adequate traffic control device when warrants are met. 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 This project is funded by Street Impact Fees ($800,000) and the Arterial & Collector District ($200,000). New Replacement Equipment Project FY19 FY20 FY21 356 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF061 DEPARTMENT STREET IF PROJECT NAME OAK & FERGUSON (INTERSECTION) - CONSTRUCTION FY17 FY18 $200,000 Unscheduled DESCRIPTION OF PROJECT Includes installation of a traffic signal, roundabout or other adequate traffic control device when warrants are met. 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: 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 ($800,000) and the Arterial & Collector District ($200,000). New Replacement Equipment Project FY19 FY20 FY21 357 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF062 DEPARTMENT STREET IF PROJECT NAME DURSTON (COTTONWOOD TO FOWLER) - CONSTRUCTION FY17 FY18 $540,000 Unscheduled DESCRIPTION OF PROJECT Complete Durston Road from Fowler Lane to Cottonwood 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 This project is funded by Street Impact Fees ($1,073,000) and the Arterial & Collector District ($540,000). 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 $540,000). New Replacement Equipment Project FY19 FY20 FY21 358 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF063 DEPARTMENT STREET IF PROJECT NAME FOWLER & BABCOCK (INTERSECTION) - CONSTRUCTION FY17 FY18 Unscheduled $200,000 DESCRIPTION OF PROJECT Identified in the 2007 Transportation Plan Update. Includes installation of a traffic signal, roundabout or other adequate traffic control device when warrants are met. ALTERNATIVES CONSIDERED SID for full financing, Urban funds or incremental construction by developers. ADVANTAGES OF APPROVAL Increased capacity and safety at this intersection. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating and Maintenance Costs: Incremental increases in sweeping, plowing and general maintenanc FUNDING SOURCES This project is funded by Street Impact Fees ($800,000) and the Arterial & Collector District ($200,000). New Replacement Equipment Project FY19 FY20 FY21 359 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF069 DEPARTMENT STREET IF PROJECT NAME FERGUSON & DURSTON (INTERSECTION) - DESIGN FY17 $30,000 FY18 Unscheduled DESCRIPTION OF PROJECT Includes design of a traffic signal, roundabout or other adequate traffic control device when warrants are met. ALTERNATIVES CONSIDERED SID for full financing, Urban funds or incremental construction by developers. ADVANTAGES OF APPROVAL Increased capacity and safety at this intersection. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating and Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. FUNDING SOURCES This project is funded by Street Impact Fees ($120,000) and the Arterial & Collector District ($30,000). New Replacement Equipment Project FY19 FY20 FY21 360 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF072 DEPARTMENT STREET IF PROJECT NAME BAXTER (FERGUSON TO COTTONWOOD) - CONSTRUCTION FY17 $500,000 FY18 Unscheduled DESCRIPTION OF PROJECT Complete Baxter from Ferguson to Cottonwood to a 3 lane urban minor arterial standard with bike lanes. 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 FUNDING SOURCES The $1,500,000 total cost of this project is funded by Street Impact Fees ($764,475), Arterial and Collector District ($500,000), and TOPS ($235,525). A development payback district will be created to reimburse Stret Impact Fees for any local share (project related) costs that may be allocated to future developments (estimated at $264,475). New Replacement Equipment Project FY19 FY20 FY21 361 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF073 DEPARTMENT STREET IF PROJECT NAME FOWLER & DURSTON (INTERSECTION) - CONSTRUCTION FY17 FY18 Unscheduled $200,000 DESCRIPTION OF PROJECT Identified in the 2007 Transportation Plan Update. Includes installation of a traffic signal, roundabout or other adequate traffic control device when warrants are met. ALTERNATIVES CONSIDERED SID for full financing, Urban funds or incremental construction by developers. ADVANTAGES OF APPROVAL Increased capacity and safety at this intersection. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating and Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. FUNDING SOURCES This project is funded by Street Impact Fees ($800,000) and the Arterial & Collector District ($200,000). New Replacement Equipment Project FY19 FY20 FY21 362 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF074 DEPARTMENT STREET IF PROJECT NAME FOWLER & OAK (INTERSECTION) - CONSTRUCTION FY17 FY18 Unscheduled $200,000 DESCRIPTION OF PROJECT Identified in the 2007 Transportation Plan Update. Includes installation of a traffic signal, roundabout or other adequate traffic control device when warrants are met. ALTERNATIVES CONSIDERED Leave as-is. Wait for the developer to build the street. ADVANTAGES OF APPROVAL Increased capacity and safety at this intersection. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating and Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. FUNDING SOURCES This project is funded by Street Impact Fees ($800,000) and the Arterial & Collector District ($200,000). New Replacement Equipment Project FY19 FY20 FY21 363 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF076 DEPARTMENT STREET IF PROJECT NAME FOWLER CONNECTION (HUFFINE TO OAK)* - DESIGN FY17 FY18 Unscheduled DESCRIPTION OF PROJECT Design Fowler from Huffine to Oak to an urban minor arterial standard. Design includes 3 intersections. 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 ($334,000) and the Arterial & Collector District ($666,000). A development payback district will be created to reimburse Arterial & Collector District for any project related costs that may be allocated to future developments (estimated at $334,000). New Replacement Equipment Project FY19 FY20 FY21 $666,000 364 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF086 DEPARTMENT STREET IF PROJECT NAME BAXTER & COTTONWOOD (INTERSECTION) - CONSTRUCTION FY17 FY18 Unscheduled $92,400 DESCRIPTION OF PROJECT Identified in the 2007 Transportation Plan Update. Includes installation of a traffic signal, roundabout or other adequate traffic control device when warrants are met. ALTERNATIVES CONSIDERED Identified in the 2007 Transportation Plan Update. Includes installation of a traffic signal, roundabout or other adequate traffic control device when warrants are met. ADVANTAGES OF APPROVAL Increased capacity and safety at this intersection. ADDITIONAL OPERATING COSTS IN THE FUTURE, IF FUNDED Annual Operating and Maintenance Costs: Incremental increases in sweeping, plowing and general maintenance costs. FUNDING SOURCES This project is funded by Street Impact Fees ($369,600) and the Arterial & Collector District ($92,400). New Replacement Equipment Project FY19 FY20 FY21 365 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF098 DEPARTMENT STREET IF PROJECT NAME OAK & COTTONWOOD (INTERSECTION - ROUNDABOUT) - CONSTRUCTION FY17 FY18 Unscheduled DESCRIPTION OF PROJECT Identified in the 2007 Transportation Plan Update. Includes installation of a traffic signal, roundabout or other adequate traffic control device when warrants are met. ALTERNATIVES CONSIDERED SID for full financing, Urban funds or incremental construction by developers. ADVANTAGES OF APPROVAL Increased capacity and safety at this intersection. 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 ($2,742,721) and the Arterial & Collector District ($685,680). New Replacement Equipment Project FY19 $685,680 FY20 FY21 366 CIP Project Fund Arterial & Collector 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 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 & 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 ($1,320,000) and the Arterial & Collector District ($1,320,000). A development payback district will be created to reimburse Arterial & Collector District for any project related costs that may be allocated to future developments (estimated at $1,320,000). New Replacement Equipment Project FY19 $1,320,000 FY20 FY21 367 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF104 DEPARTMENT STREET IF PROJECT NAME COTTONWOOD & BABCOCK (INTERSECTION-SIGNAL) FY17 FY18 Unscheduled DESCRIPTION OF PROJECT Install a signal at the intersection of Cottonwood & Babcock. ALTERNATIVES CONSIDERED Leave as-is. 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 80% IMPACT FEES, 20% ARTERIAL AND COLLECTOR DISTRICT This project is funded by Street Impact Fees (80%) and the Arterial & Collector District (20%). New Replacement Equipment Project FY19 FY20 $287,067 FY21 368 CIP Project Fund Arterial & Collector Streets PROJECT NUMBER SIF105 DEPARTMENT STREET IF PROJECT NAME COTTONWOOD (DURSTON - OAK)* - CONSTRUCTION FY17 FY18 Unscheduled DESCRIPTION OF PROJECT Complete the construction of Cottonwood Road, from Durston Road - Oak street. 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 ($1,238,333) and the Arterial & Collector District ($1,238,333). A development payback district will be created to reimburse Arterial & Collector District for any local share (project related) costs that may be allocated to future developments (estimated at $1,238,333). New Replacement Equipment Project FY19 FY20 $1,238,333 FY21 369