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HomeMy WebLinkAboutResolution No. 5364 COUNCIL RESOLUTION NO. 5364 A RESOLUTION CALLING A CITY ELECTION ON NOVEMBER 8, 2022, FOR THE PURPOSE OF REFERRING TO THE LEGAL ELECTORS OF THE CITY OF EUGENE A MEASURE AUTHORIZING THE ISSUANCE OF A MAXIMUM OF $61,200,000 OF GENERAL OBLIGATION BONDS TO FUND STREET PRESERVATION PROJECTS, WALKING PROJECTS, BIKING PROJECTS, SAFETY PROJECTS, AND STREET TREE PROJECTS. PASSED: 8:0 REJECTED: OPPOSED: ABSENT: CONSIDERED: July 13, 2022 e RESOLUTION NO. 5364 A RESOLUTION CALLING A CITY ELECTION ON NOVEMBER 8, 2022, FOR THE PURPOSE OF REFERRING TO THE LEGAL ELECTORS OF THE CITY OF EUGENE A MEASURE AUTHORIZING THE ISSUANCE OF A MAXIMUM OF $61,200,000 OF GENERAL OBLIGATION BONDS TO FUND STREET PRESERVATION PROJECTS, WALKING PROJECTS, BIKING PROJECTS, SAFETY PROJECTS, AND STREET TREE PROJECTS. The City Council of the City of Eugene finds that: A. Since the first street bond approved by voters in 2008, the City has repaired over 230 lane miles of streets by using the $35.9 million five-year bond measure approved by voters in November 2008, a $43 million five-year bond measure approved by voters in November 2012, and a $51.2 million five-year bond measure approved by the voters in November 2017, the latter of which included an annual average of $1 million to fund bicycle and pedestrian projects. B. The revenues from the local gas tax, and the 2008, 2012, and 2017 bond measures have helped reduce the backlog of street repair projects. Nevertheless, the 2021 Pavement Management Report calculated that the backlog of repairs on improved asphalt streets is $87.6 million. This backlog is projected to continue to grow unless there is funding that is both sufficient and sustainable. The taxes levied from the 2017 street bond end in 2023. 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 sh01ifalls with the City's street maintenance and preservation program, and to address critical transportation system needs related to walking, biking, safety, and street trees, the City Council determined that a General Obligation Bond measure generating approximately $61.2 million in bond proceeds should be referred to voters. Of that amount, the Council dete1mined that an annual average of $3 million should be allocated over a period of five years to fund walking projects, biking projects, safety projects, and street tree projects. 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 eff01is 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 $3 million of the bond proceeds over a period of five years, approximately $15 million in total, to fund walking projects, biking projects, safety projects, and street tree projects. E. A general obligation bond measure of $61.2 million would fund approximately $45.9 million in specific street preservation projects, approximately $15 million in walking projects, biking projects, safety projects and street tree projects, and approximately $300 thousand Resolution -Page 1 of 4 in bond issuance costs over a period of five years. The $45.9 million for street preservation projects represents 42 streets that would repair an estimated 44.6 lane miles of roads. The $61.2 million figure accounts for $11.3 million per year for five years at an inflation factor of 4%. F. The measure is expected to cost an average of $0.63 per $1000 of assessed value each year for five years. For an average homeowner in Eugene, this would be about $169 per year. This rate is also the approximate average tax rate levied over the five years of the 2017 bond measure. The taxes would first be levied in November 2024, after the 2017 bond taxes end in 2023. G. The criteria for choosing bond street preservation 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. Walking projects, biking projects, safety projects, and street tree projects are intended to address critical needs in these systems. The criteria for selecting walking, biking, safety, and street tree projects will include: (a) geographic distribution throughout the community to ensure all areas of the City benefit from the bond proceeds, balanced with projects selected to increase the equity of infrastructure across the City; (b) citizen input on walking, biking and safety and street tree needs, challenges and opportunities obtained through a variety of public outreach tools such as pop-up events, outreach to neighborhood groups, the business community and Latino, Black, and alter-abled communities, online survey, and stakeholder listening sessions; ( c) assessment of where street trees are most needed along City streets including equity and urban heat island mapping and where they are best suited in accordance with the approved street tree list; (d) the condition of shared use paths and other pedestrian and bicycle facilities; (e) triple bottom line considerations of social equity, environmental health and economic prosperity; and, (f) projects and policies identified in the Transportation System Plan, Vision Zero Action Plan, and Climate Action Plan 2.0. I. Using the process and criteria described in Paragraph H above, draft project lists will be developed in consultation with the Active Transportation Committee for walking projects and biking projects, the Vision Zero Advisory Committee for safety projects, and the Sustainability Commission for street tree projects. The draft project lists will be shared with the community for feedback. The final project lists adopted by the City Council will be completed by November 1, 2023, and will consider community feedback and guidance from the three identified committees and commissions. Any change to the adopted project lists will be made by the City Council in accordance with a Council-proscribed process which, depending on the scope of the change, could include soliciting feedback from the community and/or the three identified committees and comm1ss1ons. J. Examples of the types of walking, biking, safety, and street tree projects that would be eligible for funding with the $15,000,000 of bond proceeds designated for these purposes, and the approximate amount of funding for each category of projects, are as follows: Resolution -Page 2 of 4 • Walking Projects: Include projects such as construction, reconstruction, or rehabilitation of sidewalks, shared-use paths, shared use path bridges, enhanced pedestrian crossings, street and path lighting, safe routes to school, and other projects associated with improvements to walking and the elements integral to these infrastructure systems. o Approximately $5,000,000 of bond proceeds will be used for walking projects. • Biking Projects: Include projects such as construction, reconstruction, or rehabilitation of on-street bicycle facilities, bicycle parking, shared-use paths, shared-use path bridges, enhanced bicycle crossings, street and path lighting, safe routes to schools, and other projects associated with improvements to biking and the elements integral to these infrastructure systems. o Approximately $3,000,000 of bond proceeds will be used for biking projects. • Safety Projects: Include projects such as construction, reconstruction, or rehabilitation of traffic signals and other forms of traffic control, intersections, street medians, street accesses, street lighting, safe routes to school, traffic calming, and other projects associated with improvements to safety and the elements integral to these infrastructure systems. o Approximately $3,000,000 of bond proceeds will be used for safety projects. • Street Tree Projects: Include projects such as planting of street trees, removal of stumps and hazard trees, preparation of soil, watering to establish the street trees, alterations to curbs and gutters and sidewalks if needed to accommodate street trees and other elements integral to these infrastructure systems. o Approximately $2,000,000 of bond proceeds will be used for street tree projects. • Approximately $2,000,000 of bond proceeds will remain unprogrammed and available to be used for walking projects, biking projects, safety projects, or street tree projects to allow the potential to leverage grant funding or other opp01iunities to leverage funds, achieve economies of scale, or other opportunities for multi-objective project benefits. K. 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. L. 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 Resolution -Page 3 of 4 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. To ensure accountability and citizen involvement in walking, biking, safety, and street tree projects, the City Manager will either include these projects in the work of the citizen street repair review panel or convene a separate citizen review panel for these projects that will prepare an annual report documenting the City's use of the bond proceeds for walking, biking, safety and street tree projects and noting whether the bond proceeds were used in compliance with the terms of this Resolution. 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 l. 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 $61 ,200,000 of General Obligation bonds to fund street preservation projects, walking projects, biking projects, safety projects, and street tree projects. Section 2. The City Council orders this City election to be held in the City of Eugene, Oregon, concurrently with the general election on the 8th day of November, 2022, in accordance with the provisions of Chapter 254 of the Oregon Revised Statutes, and the ballots shall be counted and tabulated and the results certified as provided by law. Section 3. The City Recorder is directed to give not less than ten days' notice of the City election by publication of one notice in the Register Guard, a newspaper published in the City and of general circulation within the City. Section 4. If approved by the electors, the proceeds from the sale of the bonds will be used only for costs related to street preservation projects, walking projects, biking projects, safety projects, and street tree projects and payment of bond issuance costs and not to expand the motor vehicle capacity of the street system. The use of bond proceeds for street preservation projects will be limited to projects included in Exhibit A to this Resolution unless upon completion of all the projects listed in Exhibit A to this Resolution the Council adds other street preservation projects to the list in order to utilize unspent bond proceeds. The use of bond proceeds for walking, biking, safety, and street tree projects will be based on the criteria and process set forth in this Resolution. An outside auditor will report on whether the bond proceeds were used in compliance with these limitations. Section 5. This Resolution shall become effective immediately upon its adoption. The foregoing Resolution adopted the 13 th day of July, 2022. Resolution -Page 4 of 4 Street Preservation Project List for 2022 Bond Measure Exhibit A Project Location From To Ward Estimated Cost* Chambers St 13th Ave 18th Ave 1 $1,741,800 Grant St 18th Ave 23rd Ave 1 $697,500 Hayes St 18th Ave S End 1 $697,500 Pierce St 18th Ave 23rd Ave 1 $697,500 Willamette St 13th Ave 18th Ave 1 $1,032,800 Agate St Agate St 31st Ave 2 $622,700 Harris St NS 29th Ave SS 29th Ave 2 $143,100 31st Ave Agate St Onyx St 2 $966,300 Huckleberry St Pine Canyon Dr End 2 $124,200 Pine Canyon Dr Vine Maple St End 2 $879,700 South Ridge Dr Spring Blvd End 2 $261,400 Spring Blvd N Shasta Loop 320' E of South Ridge Dr 2 $1,125,500 Vine Maple St Agate St Spring Blvd 2 $629,200 24th Ave Columbia St Agate St 3 $525,900 Agate 22nd Ave 27th Ave 3 $1,718,900 University St 23rd Ave 24th Ave 3 $451,700 22nd Ave Alder St Potter St 3 $991,400 Sunset Dr Fairmount Blvd Parkside Dr 3 $859,300 Longview St Fairmount Blvd End 3 $469,400 Bailey Ln Luella St Coburg Rd 4 $448,700 Kinsrow Ave Commons Dr 297' W of Chevy Chase St 4 $772,000 Lindley Ln MLK Jr Blvd Bardell Ave 4 $1,187,800 Honeysuckle Ln Harlow Rd 970' S of Harlow Rd 4 $355,700 Van Ave Luella St 730' East 4 $385,900 Jeppesen Acres Rd Coburg Rd Gilham Rd 4 $2,034,400 N Delta Hwy Ayres Rd Green Acres Rd 5 $2,035,100 Echo Hollow Rd Willhi St (N)Royal Ave 6 $1,471,600 Ohio Street Jessen Drive Burnett Ave 6 $993,600 Waite St Hawthorne Ave Royal Ave 6 $660,100 Terry St N End Barger Dr 6 $2,341,200 Irvington Dr Drwy 110 NW Expressway 7 $2,207,300 River Rd Green Ln Beltline Rd 7 $2,014,900 Bethel Dr 1006 Bethel Dr Roosevelt Blvd 7 $2,672,700 14th Ave Wilson Ct City View St 8 $787,900 Commerce St 11th Ave 13th Ave 8 $559,400 Plumtree Dr Bailey Hill Rd End 8 $688,200 Westleigh St Bailey Hill Rd 650' East 8 $680,200 Willow Creek Rd 352' S of W 11th Ave 18th Ave 8 $1,874,400 McLean Blvd Chambers St Graham Dr 1,8 $1,993,800 Club Rd MLK Jr Blvd Cedarwood Dr 4,5 $887,300 County Farm Rd Dale Ave Kinney Lp 4,5 $792,000 Country Club Rd Southwood Ln Cedarwood Dr 4,5 $430,400 River Rd Wedgewood Dr Green Ln 5,7 $2,959,800 $45,870,200Total Estimated Project Costs *Estimated costs are for informational purposes only and will be adjusted based on actual project costs