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ADOPTED/PROPOSED CITY COUNCIL POLICIES RELATED TO TRANSPORTATION <br />FINANCE <br />REVISED DRAFT TRANSPLAN, MAY 1999 <br />Draft under review by the Eugene and Springfield City Councils, Lane County Board of Commissioners <br />and Lane Transit District Board, adoption projected for Spring 2001. <br />FINANCE POLICIESINCLUDED IN MAY 1999 DRAFT TRANSPLAN <br />Finance Policy #1: Adequate Funding <br />Support development of a stable and flexible transportation finance system that provides adequate <br />resources for transportation needs identified in . <br />TransPlan <br />Status of review by adopting officials: Agreed by consensus to policy as written at July 12, 2000 <br />adopting officials work session; formal adoption at completion of TransPlan process <br />Finance Policy #2: Operations, Maintenance and Preservation <br />Operate and maintain transportation facilities in a way that reduces the need for more expensive future <br />repair. <br />Status of review by adopting officials: Agreed by consensus to policy as written at July 12, 2000 <br />adopting officials work session; adoption at completion of review process. <br />Finance Policy #3: Prioritization of State and Federal Revenue <br />Set priorities for investment of Oregon Department of Transportation (ODOT) and federal revenues <br />programmed in the region?s Transportation Improvement Program (TIP) to address safety and major <br />capacity problems on the region?s transportation system. <br />Status of review by adopting officials: Eugene, Springfield and LTD greed by consensus to policy <br />as written at July 12, 2000 adopting officials work session; Lane County agreed bo policy as <br />written on September 26, 2000, but requested revision to ?policy definition/intent? statement; <br />. <br />resolution of differing positions Fall 1999; adoption at completion of review process <br />Finance Policy #4: New Development <br />Require that new development pay for its capacity impact on the transportation system. <br />Status of review by adopting officials: Agreed by consensus to policy as written at July 12, 2000 <br />adopting officials work session; adoption at completion of review process. <br />Finance Policy #5: Short-Term Project Priorities <br />Consider and include among short-term project priorities, those facilities and improvements that support <br />mixed-use, pedestrian-friendly nodal development and increased use of alternative modes. <br />Status of review by adopting officials: Agreed by consensus to policy as written at July 12, 2000 <br />adopting officials work session; adoption at completion of review process. <br />G2 <br />