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<br />October 15, 2018, Work Session – Item 1 <br /> <br />that the City determine which projects should remain on the TSDC Project List without increasing the current TSDC trip rate. The comment from the private home builder stressed that an increased TSDC will make it more difficult to provide affordable housing. <br />Transportation System Plan Funding The Eugene 2035 Transportation System Plan identified a new set of capital improvements focused on increasing transportation choices, improving safety for all street users, providing for more reliable transit on key corridors, and reducing reliance on the automobile by better accommodating and encouraging travel by foot and bike for short trips. The proposed cost for the TSP projects was estimated to be $634 million which would be funded through the City of Eugene, LTD, ODOT and developer contributions. The cost estimates in the TSP are in 2014 dollars. To address the requirements of ORS 223.309 the Transportation System Development Charge Project Plan was prepared and includes a list of the transportation capital improvements that add capacity to the transportation system and that the City intends to fund, in whole or in part, with revenues from TSDC improvement fees. The total cost of the projects in the TSDC project plan is $342 million. Of this amount, $114 million or 33 percent would be funded by TSDCs improvement fees. The remaining funding would come from a variety of sources including state and federal grants, developer contributions and assessments. The cost estimates in the TSDC Project Plan are in 2014 dollars. The proposed trip rate of $3,272 is in 2018 dollars and was calculated by indexing the 2014 cost estimates with the Engineering News Record Construction Cost Index. <br />Proposed Amendments to the Modifications to the TSDC Methodology Following are three amendments to the modifications to the TSDC methodology to respond to comments received at the public hearing and to concerns raised by the City Council. Implementing the increase in the rate in two steps with one year separating the steps would lessen the impact of the rate increase and have minimal impact on the long funding of the TSDC project list. While uncommon, this approach has been used by other cities when the rate increase was significant. Ashland has in the past used a phased rate increase and is currently considering a phased rate increase in its update of its transportation SDC methodology. The current proposal is to reduce the TSDC for accessory dwelling units by 50 percent. The Chamber of Commerce Local Government Affairs Committee recommended a 100 percent reduction for ADUs. When the TSDC methodology was presented to the Planning Commission a majority of commissioners supported a 100 percent reduction for ADUs. The analysis by Planning Division staff as part of Envision Eugene estimated the development of four ADUs annually over the next twenty years. Increasing the reduction from 50 percent to 100 percent would have minimal impact on the long term funding needed for the implementation of the TSDC project list. The impact of the proposed location-based, transit proximity, and transportation demand management incentives can be estimated by analyzing past building permit activity. However, this would require reviewing each building permit over the course of a year to determine the type and location of each development and making assumptions on the level of participation in incentives