Resolution No. 5306 - Laserfiche WebLink

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The periodic application of the cost index described in 2.4.1, or A change in the costs of materials, labor or real property applied to projects or project capacity on a project list adopted pursuant to ORS 223.309. Such an amendment does not constitute a "modification" under Section 2.3, above. 2.4.1 Adopted / Incorporated Cost Index When preparing periodic cost index adjustments, the City uses Tthe 20-city national average construction cost index, as published by Engineering News -Record (ENR). , shall be For purposes of determining the adjustment for acquisition costs of real property, the City uses the Lane County Assessor's Office Certified Ratio Study. 2.5 Expending City of Eugene SDCs Improvement fee revenue may be spent only on capacity increasing capital improvements included on the adopted capital improvement lists, as defined in Eugene Code 1971 section 7.715(2), or debt related to such improvements. Reimbursement fee revenue may be spent only on capital improvements associated with the systems for which the fees are assessed and debt related to such improvements. Revenue from both types of fees may be expended on direct costs of complying with related state statutes. 3.0 Transportation System The Transportation Systems Development Charge (SDC) is made up of several components. The costs of these components include the total cost of design, construction, right-of-way acquisition, purchasing, testing, and project administration. The components included in this analysis are: Collector and arterial streets ➢ Non -assessable linear section construction costs, including, but not limited to, on - street bike lanes and greenways ➢ Intersection construction costs ➢ Traffic signal costs ➢ Street light costs ➢ Bridge and other structure construction costs Off-street bicycle and multi -use paths ➢ Path construction costs ➢ Path light costs The cost impacts of new development on these components are allocated on the basis of p.m. peak City of Eugene SDC Methodologies - General Methodology Page 11