Item 4: Resolution Forming LID for Crest Drive

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75 residents participated and/or attended the open house. Over the course of two CDCT meetings on June 28 and July 12, the CDCT reached consensus on the conceptual design for all five street segments. The recommended design was presented at a general meeting of the Crest Drive Citizens Association on January 15, 2008. The CDCA passed a motion recommending approval of the design concept for Crest Drive, Friendly Street and Storey Boulevard at its general meeting held on February 12, 2008. The City Council held a public hearing on the concept design on February 19, 2008 and approved the concept design on April 14, 2008. On October 22, 2008 a letter was sent to all property owners within the proposed LID providing basic information about the City’s assessment policy and procedures. The letter also included the assessment estimate of $180 - $200 per front foot with assessments projected to be due in late 2009 or early 2010. At this time the total project cost was estimated at $5.75 million and the assessable portion of the cost at $2.6 million. PROJECT SCOPE The street improvements will consist of 18-foot wide paving (two 9-foot wide travel lanes) with curbs (flat, or at grade, and 6” vertical), concrete walk on at least one side of the street, street lights at pedestrian crossings, traffic calming (speed tables, chicanes, chokers, medians, and traffic circles), street trees, and storm water drainage system with storm water quality facilities. FUNDING AND ASSESSMENTS The longstanding City practice has been for all properties adjacent to streets that have not been improved to City standards to participate in the improvement cost. The funding sources for the City’s or non- assessable share of the improvement project costs are the Capital Road Fund, Stormwater System Development Charges (SDC) Fund and Stormwater Utility Fund. There are 126 abutting property owners that will be assessed for the street portion of the improvement on a per front foot basis as outlined in Chapter 7 of the Eugene Code. Per Eugene Code, property owners of parcels within a low-density residential zone shall be assessed according to the functional classification of the street. On a local street, low density residential properties are assessed for half the pavement width up to 34’ of total width, and associated drainage system for the portion of pavement to be assessed. Because the streets in this proposed LID will be 18’ wide, the property owners will be assessed for the half street width of 9 feet. The City pays for the intersections and a portion of the stormwater drainage improvements. Property owners generally pay for actual frontages with exceptions based on the zoning, land use, lot size, level of development and frontage. With the exception of parcels within a low-density residential zone, developed and partially developed parcels within all zones shall be assessed for the full frontage abutting the street improvement and for 9 feet of the pavement width. Vacant parcels less than one-half acre in size and fully developed parcels with a single family dwelling in residential zoning are assessed for the actual front footage abutting the improvements, except no parcel shall be assessed less than 50 feet or more than 100 feet. Partially developed parcels of one-half acre or larger with a single family dwelling or duplex in a low density residential zone and having more than 100 feet of frontage abutting the improvement shall be assessed for 100 feet of frontage at the time of the improvement, and the remaining frontage shall be delayed until the property is further developed. Vacant parcels of one-half acre of larger shall not be assessed at the time of the street improvement, but will pay the assessment upon development of the property.