Oversight Team MeetingOversight Team Meeting

December 11, 2014

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INTRODUCTIONS (15 MINUTES)

Name and affiliationPurpose of meeting/ review agendaEdits to September’s Oversight Team meeting summary

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Agenda

Introduction (15 min) Statements from the public (10 min) Funding workshop review (50 min) Break for lunch (15 min) Funding strategy discussion (60 min) Technical work update (15 min) Statements from the public (10 min) Next steps (5 min)

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STATEMENTS FROM THE PUBLIC (10 MINUTES)

Name and affiliationSign in so we know the number of speakersEach person has 2 minutes (please be respectful of the time limit)There is also time to speak at the end of the meeting

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FUNDING WORKSHOP DISCUSSION(50 MINUTES)

Comments collected at the funding workshop and through mail/website/email

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Workshop attendees

Afternoon workshopAttended by interested stakeholders, elected officials, and public agencies

62 people signed-in 22 funding scenarios completed 21 comment forms collected

Evening workshopAttended by residents and interested community members

50 people signed-in 12 funding scenarios completed 18 comment forms collected

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Use of funding sources

Workshop Total scenarios Property tax Gas tax

Vehicle registration Surcharge

Toll charge

Afternoon 22 11 17 19 12

Evening 12 6 11 12 9

TOTAL 34 17 28 31 21

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What we heard at the workshops

The funding tool was helpful in understanding the needs of the project. Property taxes have an indirect connection to users of the new

facilities and may not be the best tool to pay for the majority of the project. (Marine Drive – OK)

Vehicle registration fee and a gas tax are broadly accepted tools to pay for transportation investments.

Gas tax feels more invisible than other taxes, but may not be a good long term revenue source as efficiency increases and VMT levels out.

How much should residents of West Salem pay? (Should they take on a larger portion of the cost? Will they be unfairly burdened?)

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What we heard at the workshops

Interest in expanding taxing district beyond Marion and Polk County (e.g., Yamhill County).

Openness to tolling, but concerns over political viability, traffic impacts due to diversion, revenue accuracy/stability, collection costs and fairness to West Salem.

Increasing awareness that no single source of revenue will by itself fund the project.

Evening workshop attendance included a majority who did not support moving forward with this project, or believed the cost was not affordable.

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BREAK (15 MINUTES)

Lunch is provided for Oversight Team members

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FUNDING STRATEGY DISCUSSION(60 MINUTES)

Construction phasing options

Revenue options

Funding strategies

Funding Strategy/Financial Plan

Funding Strategy: Outline a phasing priority Determine viable revenue sources Establish potential range of revenue for each source

Financial Plan Required prior to construction authorization

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DISCUSSION

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TECHNICAL WORK UPDATE (15 MINUTES)

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Technical work

Design refinements for bicycle, pedestrian, and transit facilities

Design Refinements for bridge Final EIS analysis of Preferred Alternative

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QUESTIONS/DISCUSSION

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STATEMENTS FROM THE PUBLIC (10 MINUTES)

Name and affiliationEach person has 2 minutes (please be respectful of the time limit)

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NEXT STEPS (5 MINUTES)

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Next steps

Financial Strategy Memorandum

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THANK YOU!