AGENDA BILL APPROVAL FORM

 
Agenda Subject:
Preservation Funding Ad Hoc Committee Report and Proposed Strategy (Gaub/Thomas) (20 Minutes) 		Date:
April 19, 2022
Department:
Public Works/Finance 		Attachments:
Presentation
Budget Impact:
Current Budget: $0
Proposed Revision: $0
Revised Budget: $0
Administrative Recommendation:
For discussion only.
Background for Motion:
Background Summary:

The Council Ad Hoc Committee on Pavement Preservation Funding met over 3 meetings to discuss the funding shortfall and develop a recommended funding strategy to attain sustainable annual funding as follows:

Local Street Preservation (103 Fund) = $2M

Arterial/Collector Street Preservation (105 Fund) = $5M

Staff will provide a summary of the Ad Hoc Committees proposed recommendation for Council discussion and concurrence. 

Reviewed by Council Committees:
Councilmember: Stearns Staff: Gaub/Thomas
Meeting Date: April 25, 2022 Item Number: