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COREY Kurt A <br /> From: CARLSON Jim R <br /> Sent: Wednesday, January 19, 2005 4:26 PM <br /> To: COREY Kurt A; SCHOENING Mark A; KOBLE Becky A <br /> Cc: TAYLOR Dennis M <br /> Subject: Follow-up to Council Work Session . <br /> I followed up to find out a few facts relative to the discussion at council today on transportation funding. I will leave it up to <br /> you to decide how. to use this information next Monday or at the work session on the MTIP. <br /> Chad Drive Project: Total cast in STIP $1.26 million, STP-U $689,665 Other (assessments) $491,400 <br /> Next Project on MPC project list Springfield 70th Street improve to urban standards (STP-U $320,000) <br /> Allocation of STP-U Funds approved unanimously by MPC at its August 14, 2003 meeting <br /> 50% Preservation <br /> 20% Modernization <br /> 20% Planning and Project Development <br /> 10% Transportation Demand Management <br /> Total annual allocation of STP-U funds to the Central Lane MPO area $2,250,000. <br /> <br /> .Allocated to modernization; $450,000 annually <br /> If 100% of the modernization amount was allocated to Eugene only and used for preservation, it would amount to about <br /> 10% of the remaining need. Even if 100% of all federal STP-U funds allocated to the Central Lane MPO were dedicated to , <br /> preservation and given to Eugene, it would only meet 50% of the remaining need. <br /> i <br /> I~~ <br /> i <br /> i <br /> 1 <br /> <br />