03/13/2017 City Council Agenda - Laserfiche WebLink

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balance the needs of different modes, and support local land uses, economies, cultures, and natural environments. This ties into Council's strategy of "Vision Zero," a resolution which calls for eliminating traffic -related deaths or serious injuries on city streets. The improvements funded through the bond enhance safety for all road users, including those who drive, walk or bike. A web site tracking the bond measure implementation has been established at www.eugene- one-ov/e-obonds. The panel's 2016 report has been placed on the internet, and links to the online report will be included in the weekly community bulletin and provided to other community and business organizations. Independent Accountant's Report The accounting firm of Isler CPA, who also performed the annual audit of the city's FY16 financial statements, was contracted to perform sufficient agreed-upon procedures in order to determine whether the expenditure of general obligation bonds were made in accordance with the purposes and limitations outlined in the street repair bond resolution - namely, that expenditures were: used only for costs related to street preservation projects, bicycle and pedestrian projects and payment of bond issuance costs, and not to expand the motor capacity of the street system; and also, 2. limited to projects included in Exhibit A to the resolution, unless upon completion of all of the projects listed in Exhibit A, the Council adds other street preservation projects to the list in order to utilize unspent bond proceeds. The accountant's procedures were performed for expenditures incurred from January 1, 2016, through December 31, 2016, and were conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. The independent accountant expenditure testing concluded: All tested expenditures were recorded in the proper account, fund and period and were spent on street projects included in Exhibit of City Council Resolution No. 5063 or other street preservation projects approved by City Council, as permitted under Resolution 5063. No exceptions were noted. Further, it was the summary conclusion of the independent accountant that, "Based on our limited testing, we noted that the City followed the purpose and limitation of the City Council Resolution #5063." The Isler CPA report is included as Appendix C to the SRRP 2016 Report and has been placed on the internet at www.euLYene-or.aov/aobonds. Pavement Management Report The annual Pavement Management Report is produced to update information and data regarding the City of Eugene's transportation system including improved streets, unimproved streets and off-street shared -use paths. Currently, Public Works manages 1,356 lane miles (543 centerline miles) of streets, and approximately 45 miles of off-street shared -use paths within the city limits. The report includes a breakdown of the street transportation system in terms of pavement type, level of improvement, and functional classification.