The City implemented its current long-term street Maintenance Program in 2015.  This program is funded annually by budgeting $500,000 for crackseal and sealcoat improvements, and by bonding for street overlay and reconstruction improvements though the City’s adopted 5-year Street Reconstruction and Overlay Plan.  Up to 25% of the bond proceeds are paid back by levying special assessments against properties benefiting from the overlay and reconstruction improvements as allowed by State Statute Chapter 429, Chapter 8 of the City’s Charter, and the City’s adopted Special Assessments Policy. 

From 2015 through 2017, approximately 51 miles of City Streets received improvements including 42.9 miles of crackseal and sealcoat improvements, 3.8 miles of overlay improvements, and 4.3 miles of street reconstruction improvements.  Attached to this case is a summary of the street segments improved from 2015 through 2017, including project cost and assessment information.

One of the City's consultant engineering firms, WSB, has worked with other local communities to implement long term street funding via franchise fees.  Mr. Bret Weiss of WSB has been invited to the work session to discuss the experience of the firm in other cities in implementing a fee, and the value of have such a funding source available for municipal projects.