HomeMy WebLinkAboutResolution 5174 Establishing Goals and Policies for the Funding of Street Reconstruction Projects
COMMISSION RESOLUTION NO. 5174
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA, ESTABLISHING GOALS AND POLICIES FOR THE FUNDING OF
STREET RECONSTRUCTION PROJECTS INCLUDING ESTABLISHING A FIXED
PERCENTAGE OF FUNDING FOR STREET RECONSTRUCTION AND A MAXIMUM
LINEAL FOOTAGE ASSESSMENT TO BE PAID FOR BY THE CREATION OF A
SPECIAL IMPROVEMENT DISTRICT BASED ON STREET CLASSIFICATION.
WHEREAS, the City of Bozeman is committed to addressing the community's expressed needs
and desires for services; and
WHEREAS, the City of Bozeman is committed to meeting those desires and demands for services
in a fiscally responsible manner; and
WHEREAS, the City of Bozeman is committed to meeting those desires and demands for services
in a manner which recognizes the fiscal and legal interests of all of the system users now and in
the future and not a limited subset of users; and
WHEREAS, the City of Bozeman has developed and adopted a long range transportation facility
plan which examined current and future needs and provides a lawful, logical, balanced,
operationally sound, and cost effective basis upon which to maintain and develop the City' s
transportation system; and
WHEREAS, There is a need to allocate funding for the reconstruction of streets in the City; and
WHEREAS, There is a need to establish a maximum per-lineal-foot charge for reconstruction cost
that may be assessed to an individual property and paid for through the creation of Special
Improvement Districts, and
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WHEREAS, The City Commission wishes to allocate the costs of street reconstruction
equitably among all of the users of the network;
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of
Bozeman, Montana, that
Section 1
GOALS
The following goals are hereby established for the consideration of the financing of street
reconstruction projects in the City of Bozeman:
It shall be a goal of the City of Bozeman to invest street reconstruction funds efficiently
and equitably by:
A. Providing an equitable basis for street reconstruction funding by defining the city's
transportation network functional classifications;
B. Establishing Street funding categories and allotments for the purpose of determining
both the local share and the community share of street reconstruction project costs. Insofar as
possible, these categories will be congruent with the city' s transportation network functional
classifications;
C. Average Daily Traffic volumes used for the street reconstruction program in no way
reduces the expected and planned capacities described in the long range transportation plan.
D. Establishing a maximum amount assessed (on a per-lineal-footage basis) to an
individual property and paid for through the creation of Special Improvement Districts. If a street
reconstruction project should be assessed based on an assessment methodology that is not lineal
footage, a maximum shall be established by the Commission in the Intention to Create the Special
Improvement District.
SECTION 2
POLICIES
The following policies are hereby established for street reconstruction project financing
in the City of Bozeman.
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1. The following street funding categories and allocations are hereby established for
the city's transportation network:
Street Classification Average Daily Traffic
(vehicles per day)
Split (SID or Other
Source/Street Reconstruction
Fund)
Local Up to 800 75% SID or Other
Source/25% Street
Reconstruction
Minor Collector 800-1500 50% SID or Other
Source/50% Street
Reconstruction
Major Collector 1500-4500 15% SID or Other
Source/85% Street
Reconstruction
Arterial Over 4500 100% Street Reconstruction
2. The local share of a street reconstruction project shall be paid for using funds
other than the City' s Street Reconstruction Fund, the City's Urban Fund Allocation or any
other general obligation fund. The City' s preferred method of generating the local share
funds is a Special Improvement District (SID) or other, if applicable, a Payback District.
3. When recent traffic counts for a street eligible for reconstruction. are unavailable,
the City Engineering Division will perform counts to establish the Average Daily Traffic.
4, Street Reconstruction projects to be undertaken will be prioritized using
combination of the City' s Street Pavement Condition Index (PCI) and traffic volumes,
5. Both the project to be undertaken and the financing allotments to be used will be
reviewed and approved by the City Commission at the time of the adoption of the Street
Capital Improvement Plan.
6. The City Commission has the discretion to establish the funding allotments to be
used in street reconstruction projects in the best interest of the community.
7. There is a maximum amount of $138 per-lineal-foot assessed to an individual property
and paid for through the creation of a Special Improvement District. This amount shall be
increased by an annual inflation amount based on the value of the Construction Cost Index
published in the first December edition of the current year.
PASSED AND APPROVED by the City Commission of the City of Bozeman,
Montana, at a regular session thereof held on the 18th day of May, 2020.
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__________________________________
CHRIS MEHL
Mayor
ATTEST:
________________________________________
MIKE MAAS
City Clerk APPROVED AS TO FORM:
___________________________________
GREG SULLIVAN
City Attorney
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