Item A: Review of 2010 Implementation of Bond Measure to Fix Streets

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ECC UGENE ITY OUNCIL AIS GENDA TEM UMMARY Work Session: Review of 2010 Implementation of Bond Measure to Fix Streets Meeting Date: January 19, 2011 Agenda Item Number: A Department: Public Works Staff Contact: Kurt Corey www.eugene-or.gov Contact Telephone Number: 541-682-8421 ISSUE STATEMENT This work session is an opportunity for the Eugene City Council to review the second year of the implementation of Measure 20-145, the bond measure to fix streets. To facilitate this review, two documents were prepared: the Citizen Street Repair Review Panel 2010 Report and the independent accountant’s report prepared by Isler CPA. These reports are provided as informational items in compliance with the City Council resolution placing the bond measure on the ballot. BACKGROUND Following considerable study and discussion, including forming a Council Committee on Transportation Funding and convening an ad hoc citizen Street Maintenance Task Force, council on July 28, 2008, approved Resolution 4953, calling a city election on a measure authorizing the issuance of $35.9 million of general obligation (G.O.) bonds to fund street preservation projects. Eugene voters on November 4, 2008, approved the measure. In the City Council resolution and the information provided to voters, there were specific requirements related to accountability:  In order to promote accountability in the use of bond proceeds, the City Manager will contract with an outside auditor to prepare a written report on the use of the bond proceeds on a regular basis. The auditor will ascertain and report on whether the bond proceeds were used for the authorized purposes and in compliance with the restrictions set forth above. The City Manager will provide the report to the council and make the report publicly available. (Resolution 4953, Section H)  To further promote accountability and citizen involvement in street preservation projects, the City Manager has advised that he intends to create a street repair review panel. The street repair review panel will prepare a report, separate and distinct from the report prepared by the outside auditor, documenting the City’s use of the bond proceeds and noting whether the bond proceeds were used in compliance with the terms of this resolution. The City Manager will provide the street repair review panel’s report to the council and make the report publicly available. (Resolution 4953, Section I) On April 14, 2010, the City Council held a work session to receive an update regarding the implementation of the 2009 bond measure to fix streets. The first annual report from the Street Repair Review Panel (SRRP) and the independent accountant’s report were discussed. \\Cesrv500\cc support\CMO\2011 Council Agendas\M110119\S110119A.doc