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HomeMy WebLinkAbout06/11/1986CITY COUNCIL WORK SESSION June 11, 1986 4:00 p.m. Large Conference Room Members present: Mayor McKinley, Councilpersons Seeber, Wright, Budak, Lichty, Angel and Miller. The Agenda, as proposed, was approved. The Mayor announced that this work session was to discuss a plan for a City-wide Street Improvement Program including financing alternatives. Eric Thorson, City Engineer, reviewed five (5) types of street improvements and maintenance. These included: (1) Maintenance of good condition and new paved streets. This includes sweeping, crack and joint sealing, utility -cut patching, surface sealing and other minor repairs. Most of this work is performed by the Street Department and is funded by Road Use Tax Funds. (2) Maintenance of unimproved streets. Types of work included in this category are oiling, grading, patching, pot -hole filling, and the recycled asphalt projects. Again much of this work is done by the Street Department and is funded with Road Use Tax Funds. Paving of unimproved streets. This type of work includes asphalt paving and concrete paving and is generally constructed by contractors. The current method of funding this improvement is with assessments and Block Grant Funds. (4) Repairs to poor condition paved streets. This includes resurfacing both black -topping and white -topping, milling, patching, and mud -jacking. Currently this work is being performed by the City Street Department and contractors and is funded with City Funds. (5) Reconstruction of paved streets. This includes replacing existing streets with asphalt or concrete paving. Much of this work is currently being!done by contract and is funded with City funds. In order to get an idea of the magnitude of the problem with the condition of City streets, Mr. Thorson presented estimated costs of improving the City's current inventory of streets. For example, the estimated cost to oil all the unimproved streets in the City would be 2.85 million dollars. The estimated cost to pave all unimproved streets in Waterloo is estimated to cost 34.8 million dollars. The estimated cost to permanently repair pot -holes in existing concrete and asphalt streets would be 20.6 million dollars. The estimated cost to reconstruct streets in the City would be approximately 178 million dollars. The total cost to do all of the above would be approximately 200 million dollars. Mayor McKinley stressed that now that the magnitude of the problem is known, the Council must now consider a plan to begin addressing this problem. Those streets that are to be included in future street reconstruction programs were reviewed. Currently the City is allocating one million dollars yearly to the reconstruction of streets. The City Engineering Staff showed a video indicating other streets in the City not included on any of these lists that are in immediate need of reconstruction. (3) Bruce Meisinger, Budget Analyst, was asked to review various financing alternatives. Several methods were reviewed including the sales and service tax, a vehicle tax, and general obligation bond financing. The sales and service tax and the vehicle tax is a recently state -enacted local option tax. The sales and service tax would generate approximately 3.5 million dollars per year based on current sales. The vehicle tax would be another method of financing. In order to generate approximately one million dollars in revenues and taking the estimated 70,000 vehicles in the City, a tax of $14 per vehicle would be levied. Both the vehicle and sales and services taxes CITY COUNCIL WORK SESSION PAGE TWO require a referendum. The vehicle tax revenues can only be used for street improvements. Currently the City finances most of its street improvements through the Road Use Tax Fund. Bruce stated that in order to maintain generation of one million dollars through the issuance of general obligation bonds for street reconstruction would require approximately a one percent (1%) increase in taxes per year. It was also pointed out that the Interstate Substitution Program now in progress provides many street improvements at a much lesser cost to the City (15 percent of the construction cost). Fedon Petrides of Brice, Petrides/Donohue Associates, stated that the reconstruction of the City street is an ongoing problem and must be addressed. Mr. Thorson also indicated that the Engineering Staff will begin work on a Pavement Management Program. At the current time, the cost of the implementation of this program is unknown but that the program consists of three elements: (1) Inventory of current street conditions, (2) the causation of deteriorating streets, and (3) Logging and analyzing this information with the use of a computer. A representative of Cutler Repaving, Inc., presented the Council a program that would restore the top inch of asphalt. Approximate cost for one block of City street would be $22,750. Several Councilpersons expressed that this does not address the real problem of the sub -base and any drainage problems that may result. Councilperson Miller stated that the City should be looking at the total problem and not just a temporary solution. Councilperson Seeber said the bottom line is whether or not the Council wishes to raise taxes to raise money for these improvements. There was general discussion between the Mayor and the Councilmembers regarding whether the City should investigate the local option taxes explained by Mr. Meisinger or whether the City should pursue funds through the issuance of the general obligation bonds. If the issuance of general obligation bonds was usedfas a funding source, the issuance of 3 million dollars of general obligation bonds would require that taxes be increased by three percent (3%) the first year and approximately 5-1/2 percent the second year. The Councilmembers expressed a need to implement a long-range plan for street reconstruction. It was a general consensus of the Council that the Engineering Staff be directed to begin design on a long-range plan to repair to City Streets and that the Mayor explore with the other Governmental bodies in the County the possibility of a local option tax. With no further business before the Committee, the meeting was adjourned. Larry P. Burger Clerk/Auditor