Item A: Authorize Additional Street Preservation Projects to Use Anticipated Bond Proceeds

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ECC UGENE ITY OUNCIL AIS GENDA TEM UMMARY Action: Authorize Additional Street Preservation Projects to Use Anticipated Bond Proceeds Remaining Upon Completion of 32 Streets Identified in Bond Measure Meeting Date: October 26, 2011 Agenda Item Number: A Department: Public Works Engineering Staff Contact: Mark Schoening www.eugene-or.gov Contact Telephone Number: 541-682-5243 ISSUE STATEMENT The City Council is requested to authorize the addition of the streets shown on Attachment B to the list of streets to be repaired with bond measure proceeds. The estimated cost of the additional streets is $7,368,198. The list of additional streets was endorsed by the Street Repair Review Panel at its May 24, 2011, meeting. BACKGROUND The Voters’ Pamphlet for the Bond Measure to Fix Streets included the following language: The use of bond proceeds for street preservation projects would be limited to a list of 32 projects. If all 32 projects are completed, the Council would be authorized to add other street preservation projects to the list in order to use remaining bond proceeds. After two years of construction completed and several bid openings earlier this year, it was anticipated that there would be approximately $10 million in bond measure proceeds remaining after completion of the 32 streets identified in the bond measure. There were several reasons for the amount of anticipated remaining funds. As a result of the length and depth of the recession, the bidding climate for pavement preservation projects has been extremely favorable for public agencies. On several streets, the level of pavement deterioration visible on the pavement surface did not extend the full depth of the pavement and the base had not failed. This resulted in an anticipated reconstruction project becoming a much less expensive pavement overlay project. Finally, through an innovative construction method known as partial depth reclamation, the cost to reconstruct several streets was substantially reduced. The Voters’ Pamphlet for the Bond Measure to Fix Streets also included the following language regarding the identification of the 32 streets included in the bond measure: The criteria for choosing bond projects included: a) citizen input with respect to prioritizing major streets in need of reconstruction; b) scientific information about needed street rehabilitation and reconstruction from the pavement management system; and S:\CMO\2011 Council Agendas\M111026\S111026A.doc