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<br />Res. No. 2903 ...- Awarding sale of GO Street and Sewer Projects, 1978 <br />Bonds, in the principal amount of $1,000,000 to United <br />California Bank at a net interest cost of $269,983, net <br />effective interest rate of 4.9088~was read by number and <br /> <br />e <br />title. <br /> <br />Mr. Hamel moved, seconded by Mr. Delay, to adopt the resolution. <br />Roll call vote~ Motion carred unanimously. <br /> <br />VI. Approval of Minutes <br /> <br />Mr. Hamel moved, seconded by Mr. Delay, to approve Council Minutes <br />May 3, 1978. Roll call vote. . Motion carried unanimously. <br /> <br />A short recess was taken. <br /> <br />VII. T-2000 Plan: Wo~k Session <br /> <br />Jim Fara~, Planner, responded to questions raised regarding the south... <br />bound traffic on arterials, especially south of 18th. Comparisons had <br />been made of the north-south street volumes as follows: <br /> <br />NORTH...SOUTH STREET VOLUMES <br /> <br />Location <br />,. . <br /> <br />Year <br />1977 <br /> <br />Year <br />2000 <br /> <br />Capacity Improvements <br /> <br />North of 18th <br />Chambers <br /> <br />11 ,200 <br /> <br />14,900 <br /> <br />Widen and improve inter... <br />section at 18th <br /> <br />None...(18th...19th couplet <br />will improve traffic flow) <br /> <br />Improve intersection at 18th <br /> <br />e <br /> <br />Willamette/Oak/ <br />Pearl/High <br /> <br />18th to 24th <br />Chambers <br /> <br />30,600 <br /> <br />35,500 <br /> <br />10 , 900 <br /> <br />15,100 <br /> <br />Wi 11 amette/ <br />Amazon Parkway/ <br />Hilyard/Patterson <br /> <br />39,700 <br /> <br />42,800 <br /> <br />Improve intersections of 24th <br />and Willamette and Amazon Park <br /> <br />South of.30th <br />Willamette/Hilyard <br /> <br />Improve intersection at 30th <br />and Hilyard <br /> <br />He noted the relationship of transportation planning to land use. The <br />major volumes anticipated for the years ahead will be for the west and <br />south areas of the city, where the major growth will take place. <br /> <br />33,300 <br /> <br />45,400 <br /> <br />Mayor Keller noted the increase south of 30th Street seemed to be rather <br />substantial. Mr. Farah responded that was correct, that it was felt <br />the improvement to the intersection at 30th and Hi lyard to be very impor... <br />tant,and one of the major ways to prevent Service Level E from occurring <br />in that area. <br /> <br />e <br /> <br />5/10/78......6 <br /> <br />3'i5 <br />