Ordinance No. 20234 Exhibit C - Laserfiche WebLink

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provide an estimate of the fiscal requirements to support the land uses in the ac- knowledged comprehensive plan and allow jurisdictions to assess the adequacy of existing and possible alternative funding mechanisms. In addition to including rough cost estimates for each transportation facility and major improvement, the transportation financing plan shall include a discussion of the facility provider's ex- isting funding mechanisms and the ability of these and possible new mechanisms to fund the development of each transportation facility and major improvement. These funding mechanisms may also be described in terms of general guidelines or local policies. The revised TransPlan Capital Investment Actions project lists provide an estimated cost for each capital investment project. The cost estimates are not precise, but rather are in- tended as planning estimates to assist in determining financial impacts. The Finance Policies in Chapter 2 guide the development and allocation of funding for transportation services, facilities and projects, noting the characteristics of the desired transportation fi- nance system. The financial plan set forth in Chapter 3, Part 2, includes a discussion of existing and possible alternative funding mechanisms. OAR 660-012-0040(5): The transportation financing program shall provide for phasing of major improvements to encourage in fill and redevelopment of urban lands prior to facilities and improvements which would cause premature develop- ment of urbanizable lands or conversion of rural lands to urban uses. The Capital Investment Actions project lists in 'the revised TransPlan include three phases of projects: programmed projects identified to proceed to construction in the next five years; unprogrammed projects expected to be developed in the period of 6 to 20 years, and future projects not expected for construction during the 20-year planning period. Most projects are concentrated within the urban lands, and are primarily directed at de- velopments within the UGB. All projects are consistent with the provisions of the Metro Plan that encourage infill and redevelopment of urban lands prior to the extension of ur- ban services into urbanizable land or conversion of rural land to urban uses. OAR 660-012-0045 Implementation of the transportation System Plan Revised TransPlan Chapter 3, Part 4 includes recommended actions to implement various transportation-related land use policies. Chapter 3, Part 4 also provides a nodal develop- ment and integrated land use transportation plan development schedule incorporating rec- ommendations to provide guidance to Eugene-Springfield metropolitan area local gov- ernments contained in Section 7 of LCDC Order 01-LCDC-024, adopted by the Commis- sion in May 2000. TransPlan Appendix G is a copy of LCDC Order 01-LCDC-024. OAR 660-012-0050 Transportation Project Development Local jurisdiction project development processes include referral to affected agencies. Exhibit C Findings in Support of the Adoption of TransPlan 39