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Home My WebLink AboutResolution No. 5204 COUNCIL RESOLUTION NO. 5204 A RESOLUTION CALLING A CITY ELECTION ON NOVEMBER 7, 2017, FOR THE PURPOSE OF REFERRING TO THE LEGAL ELECTORS OF THE CITY OF EUGENE A MEASURE AUTHORIZING THE ISSUANCE OF A MAXIMUM OF $51,200,000 OF GENERAL OBLIGATION BONDS TO FUND STREET PRESERVATION PROJECTS AND BICYCLE AND PEDESTRIAN PROJECTS. PASSED: 7:1 REJECTED: OPPOSED: Clark ABSENT: CONSIDERED: July 24, 2017 RESOLUTION NO. 5204 A RESOLUTION CALLING A CITY ELECTION ON NOVEMBER 7, 2017, FOR THE PURPOSE OF REFERRING TO THE LEGAL ELECTORS OF THE CITY OF EUGENE A MEASURE AUTHORIZING THE ISSUANCE OF A MAXIMUM OF $51,200,000 OF GENERAL OBLIGATION BONDS TO FUND STREET PRESERVATION PROJECTS AND BICYCLE AND PEDESTRIAN PROJECTS. The City Council of the City of Eugene finds that: A. Using the City’s current 5-cent per gallon local gas tax, other dedicated pavement preservation funding, and a $35.9 million, five-year bond measure approved by voters in November 2008 to repair more than 54 streets, and a $43 million, five-year bond measure approved by voters in November 2012 to repair more than 76 streets, the City has completed nearly $81.8 million in street preservation work since 2002, the beginning of Eugene’s pavement preservation program, and the City has repaired over 504 lane miles of streets through overlay, reconstruction and slurry seal treatments. B. The revenues from the local gas tax, and the 2008 and 2012 bond measures have helped reduce the backlog of street repair projects. Currently the backlog of repairs on improved asphalt streets is $92 million; a reduction in the estimated backlog of needed repairs of more than $79 million since the 2008 bond was approved. Despite this short-term downward trend the backlog is projected to continue to grow unless there is funding that is both sufficient and sustainable. The taxes levied from the 2012 street bond end in 2018. Streets that have failed to the point of reconstruction create safety problems and cause vehicle repair problems, make walking, biking or driving on the streets uncomfortable, interfere with economic activity and diminish the quality of life. C. In order to address the funding shortfalls with the City’s street maintenance and preservation program, the City Council determined that a General Obligation Bond measure generating approximately $10.2 million in bond proceeds annually should be referred to voters. Of that amount, the Council determined that an annual average of $1,000,000 should be allocated over a period of five years to support bicycle and pedestrian projects guided by the pedestrian and bicycle master plan, City staff, the Active Transportation Committee, and the City’s goals to increase safety on City streets. D. The bond proceeds will be used to overlay or reconstruct the driving surface of streets as well as to preserve existing integral elements of the street such as curbs, gutters, sidewalks, on-street bike lanes, traffic signals, street lights, medians, traffic calming devices, and other integral parts of a street preservation project. These preservation efforts will be undertaken only to preserve existing elements, not to expand the motor vehicle capacity of the street system. In addition, the City will allocate an annual average of $1,000,000 of the bond proceeds over a period of five years to fund bicycle and pedestrian projects. Resolution - Page 1 of 3 E. A general obligation bond measure of $51.2 million would fund specific street preservation projects over a period of five years. This amount represents 78 streets that would repair an estimated 88 lane miles of roads and fund bicycle and pedestrian projects, and pay for bond issuance costs. The $51.2 million figure accounts for $9.5 million per year for five years at an inflation factor of 3.7%. F. The measure is expected to cost an average of $0.65 per 1000 of assessed value each year for five years. For an average homeowner in Eugene, this would be about $148 per year. This rate is also the approximate average tax rate levied over the five years of the 2012 bond measure. The taxes would first be levied in November 2019, after the 2012 bond taxes end in 2018. G. The criteria for choosing bond projects included: (a) use of the most current engineering and cost-benefit information about needed street rehabilitation and reconstruction; (b) citizen input with respect to prioritizing major streets in need of reconstruction; and (c) geographic distribution throughout the community to ensure all areas of the City benefit from the bond proceeds. Bond proceeds will be used only for street preservation projects included in the list of projects attached as Exhibit A to this Resolution. If all of the projects listed in Exhibit A are completed and there are bond proceeds remaining, the Council may add other street preservation projects to the list. H. In order to promote accountability in the use of bond proceeds, the City Manager will contract with an outside auditor to prepare an annual written report on the use of the bond proceeds. 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. I. To further promote accountability and citizen involvement in street preservation projects, the City Manager will convene the citizen street repair review panel. The citizen street repair review panel will prepare an annual 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. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF EUGENE, a Municipal Corporation of the State of Oregon, as follows: Section 1 . A city election is called for the purpose of submitting to the qualified electors of the City a Measure authorizing the issuance of a maximum of $51,200,000 of General Obligation bonds to fund street preservation projects and bicycle and pedestrian projects. Section 2 . The City Council orders this City election to be held in the City of th Eugene, Oregon, concurrently with the general election on the 7 day of November, 2017, in Resolution - Page 2 of 3 ExhibitA ProjectListfor2017BondMeasuretoFixStreets MAPNUMBER STREETNAMEFROMTO 103RDAVENUE HIGHSTPEARLST 204THAVENUE COBURGRDPEARLST 305THAVENUE CHAMBERSSGRANTST T 408THAVENUE CHAMBERSSMONROEST T 508THAVENUE WILLAMETTESTMILLST 608THAVENUE GARFIELDSTCHAMBERSS T 711THAVENUE CHARNELTONSTCHAMBERSS T 811THAVENUE CHAMBERSSGRANTST T 911THAVENUE TYINNSTBERTELSENRD 1017THAVENUE HILYARDSTOAKST 1119THAVENUE WILLAMETTESTHIGHST 1219THAVENUE HILYARDSTFAIRMOUNTBLVD 1320THAVENUE WILLAMETTESTOAKST 1424THAVENUE HARRISSTAGATEST 1546THAVENUE FOXHOLLOWRDDONALDS T 16AGATESTREET N163BLACKOAKRDFIRLANDS T 17ALDERSTREET 30THAVE32NDAVE 18ALDERSTREET 24THAVE27THAVE 19AMAZONPARKWAY 19THAVE2693SOFE24TH 20ARROWSMITHSTREET TERRYST11THAVE 21BAILEYHILLROAD 5THAVE11THAVE 22BAILEYLANE BOGARTLNLUELLAST 23BALFOURSTREET TERRAAVENORTHEND 24BEDFORDWAY OAKWAYRDFAIROAKSDR 25BREWERAVENUE BREWERAVENUESOUTHEND 26BROADWAY MILLST11THAVE 27BROOKSIDEDRIVE BRAEBURNDR(NORTH)ADDR999 28BROOKSIDEDRIVE BRAEBURNDR(SOUTH)MONTARAWAY 29CALGARYSTREET HOLLYAVEELANCOAVE 30CANDLELIGHTDRIVE AVALONROYAL 31CARMELAVENUE GILHAMRDNORWOODST 32CARMELAVENUE DIANESGILHAMRD T 33CATALINASTREET JUHLSTWILLHIST 34CHAMBERSSTREET 11THAVE13THAVE 35CHAMBERSSTREET 18THAVE24THAVE 36CHARNELTONSTREET 4THAVE6THAVE 37CHASESTREET+CDS 500'NORTHOFMARSHALLNORTHEND 38CLAREYSTREET BEANST1071'SOFBEANST 39COBURGROAD FERRYSTREETBRIDGEOAKWAYRD 40CONCORDSTREET BERNTZENRDJACOBSDR 41CRESCENTAVENUE NORKENZIERDADDRS1670 42ECHOHOLLOWCDS WESTEND(CDS)(880960)ECHOHOLLOWRD 43ELANCOAVENUE+1CDS(NORTH)NORKENZIERDENDOFNORTHERLYCDS 44FAIROAKSDRIVE OAKWAYRDFAIRWAYLP 45FAIRMOUNTBOULEVARD 15THAVECOLUMBIAST 46FRANKLINBOULEVARDEB WALNUTST11THAVE 47FRANKLINBOULEVARDWB WALNUTST11THAVE ExhibitA ProjectListfor2017BondMeasuretoFixStreets MAPNUMBER STREETNAMEFROMTO 48FULLERAVENUE ECHOHOLLOWRDJAYST 49GARDENAVENUE MOSSSWALNUTST T 50HAWTHORNEAVENUE WESTENDFAIRFIELDAVE 51HILYARDSTREET WAMAZONDR40THAVE 52JESSENDRIVE ELIZABETHSTHWY99 53LAKEVIEWDRIVE 207'EOFSARAHLNGILHAMRD 54LARIATDRIVE OAKWAYRDLARIATDR 55LARIATMEADOWSDRIVE LARIATDREASTEND 56LARIATMESA LARIATDREASTEND 57LAURELHURSTDRIVE+5CDS MELROSELPBARGERDR 58LAURELHURSTDRIVE+SHEFFIELDCT HARRIETAVEROYALAVE C 59LAVETALANE BARGERDRSOUTHEND 60LAWRENCESTREET DRWY366THAVE 61LEMMINGAVENUE TARPONSTSHILOST 62LINCOLNSTREET 13THAVE22NDAVE 63LINNEAAVENUE+1CDS NORKENZIERDTARPONST 64MILLSTREET 16THAVE18THAVE 65MILLSTREET 2NDAVE4THAVE 66MONTEREYAVENUE NORKENZIERDLARKSPURAVE 67MONTREALAVENUE CALGARYSTBALFOURST 68NORWOODSTREET MONTEREYSTMARLOWST 69OAKSTREET 7THAVE20THAVE 70OLIVESTREET 5THAVE6THAVE 71PEARLSTREET BROADWAY17THAVE(AMAZONBRIDGE) 72POLKSTREET 18THAVE28THAVE 73POLKSTREET 67'NOF6THAVE72'SOF7THAVE 74PORTLANDST 29THAVE31STAVE 75PRIMROSESTREET+1CDS BARGERRD100'NOFPARKERPL(S) 76QUEBECSTREET CALGARYSTELANCOST 77RIVERROAD MAXWELLRDBELTLINERD 78ROBINAVENUE 200'EASTOFRUSKINST396'EASTOFTANEYST 79ROOSEVELTBLVD BELTLINEAPPROX800'EASTOFBELTLINE 80ROYALAVENUECULDESAC ROYALAVENENDCDS 81SPYGLASSDRIVE CALYOUNGRDLOOPAROUNDBACKTOSPYGLASSDR 82STAGECOACHROAD CANDLELIGHTDRSURREYLN 83SUNDANCESTREET SUNDIALRDEASTEND 84SUNDANCESTREETCDS NORTHENDSUNDANCES T 85SURRYLANE STAGECOACHWELCOMEWY 86TARPONSTREET+CULDESAC BREWERAVELEMMINGAVE 87TERRESAAVENUE MONTREALAVEGILHAMRD 88TERRYSTREET ROYALAVEROOSEVELTBLVD 89WALNUTSTREET FRANKLINBLVDGARDENAVE 90WELCOMEWAY CANDLELIGHTDRROYALAVE 91WINDSORCIRCLEEAST/WT WILSHIRELNWILSHIRELN