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FacilitiesTransportation Highlights 2011 1011
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FacilitiesTransportation Highlights 2011 1011
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11/1/2011 4:59:02 PM
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11/1/2011 4:58:07 PM
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CM City Clerk-City Council
CM City Clerk-City Council - Document Type
Committee Highlights
Document Date (6)
10/11/2011
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_CC Agenda 2011 1107
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\City Clerk\City Council\Agenda Packets\2011\Packet 2011 1107
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10/11/2011 . <br />Fund Allocation Model <br />• Pavement Rejuvenation <br />— 50% of Base up to $1,000,000 per year <br />• Rehabilitation — Remainder of Base Funding <br />— Reserve of funds to provide matching funds to <br />leverage grant opportunities <br />• 10% of Rehabilitation for grant reserve plus funds to fully <br />fund current grant projects <br />— Residential and commercial local streets <br />• 30% of Rehabilitation Allotment <br />— Arterials and Collectors <br />• Remainder of Rehabilitation funds <br />Funding Example $2,000,000 Base <br />Rejuve <br />$1,001_ . <br />50% <br />Ilector <br />tion <br />10 <br />al / Corn. <br />cal <br />Rehabilitation <br />$300,000 <br />15% <br />0 <br />
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