Ordinance No. 20234 Exhibit C - Laserfiche WebLink

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the specific details of the transportation financing program as described further below. OAR 660-012-0040(2): A transportation financing program shall include the items listed in (a)-(d): (a) A list of planned transportation facilities and major improvements; (b) A general estimate of the timing for planned transportation facilities and ma- jor improvements; (c) A determination of rough cost estimates for the transportation facilities and major improvements identified in the TSP; and The revised TransPlan Capital Investment Actions are illustrated in Chapter 3, Tables la, 2 and 3a, that detail the 20- Y ear Financially Constrained project lists for Roadway Proj- ects, Transit Projects and Bicycle Projects. These tables list the planned transportation facilities and major improvements within each of these categories; provide an estimate of the timing of each project, and provide a rough estimate of the costs for each project. The planning cost estimates consider the type and scope of each proposed improvement. They are rough estimates, not based on precise engineering estimates, but rather planning' estimates to assist in determining financial impacts. Most bicycle improvement projects show a $0 for the rough cost estimate. Many projects which include restriping are ex- pected to require no capital expenditure because they can be implemented with operating funds. Other bicycle projects are planned for construction as part of more extensive roadway projects, and thus the cost estimates are included as part of the roadway project cost estimate. The timing of each project is listed as either "programmed" or "unprogrammed." Programmed projects have been identified in a local agency's CIP or the STIP. Both "programmed" and "unprogrammed" projects within the Financially Constrained 20- Year Capital Improvement Actions project lists have reasonable funding sources identified that will enable them to proceed to project construction. (d) In Dtetropolitan areas, policies to guide selection of transportation facility and improvement projects for funding in the short-term to meet the stan- dards and benchmarks established p'ursuant to 0035(4)-(6). Such policies shall consider, and shall include among the priorities, facilities and im- provements that support mixed-use, pedestrian friendly development and in- creased use of alternative modes. TransPlan Finance Policy #5 describes the short-term project priorities, which are to con- sider and include among short term project priorities, those facilities and improvements that support mixed-use, pedestrian-friendly nodal development and increased use of al- ternative modes. This policy supports consideration and programming of facilities and improvements that support nodal development and the increased use of alternative trans- portation modes. OAR 660-012-0040(3): The determination of rough cost estimates is intended to Exhibit C Findings in Support of the Adoption of TransPlan 38