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<br />Local Improvement Districts <br />nt districts and urban renewal districts target certain areas of <br />l i <br />clty Streets: Case Study Cities <br />mproveme <br />Loca <br />a city for improvement and economic development- for example downtown or ~ p <br />industrial areas. The revenue from these two types of districts is used for various ~ t <br />,, <br />i <br />~ improvement projects, but streets are often a key ingredient in the revitalization <br />' f <br />~ `il __. <br />`~ <br />',~ <br />plan. Local improvement districts charge a fee to the residents and/or businesses p 13 l _ _ ,., _~, ~ <br />~ <br />~ ~' <br />located within the designated district. Urban renewal districts are financed using tax ` ~ ~ ~ <br />' ', ' <br />~Q~ l' <br />increment financing, in which bond-funded redevelopment is paid for by increases ~ 12}x' ~~ ~a <br />in property tax revenues that result from the redevelopment. This tax increment <br />d <br />t <br />SS ~' <br />}~ <br />an <br />is captured as assessed values increase and used to leverage redevelopmen ~1s f <br />improvements to the properties within the district. {~ ~ 2 ~- <br /> ~3 't <br />Conclusion <br />• ' s Ore on's localroad s stem is deteriorating. Cities <br />Despite enormous efforts by cirie , g Y <br />~ <br />r <br />~1e ~~ ~ <br />19 <br />'' <br />~ ~° ~:, <br />do not have the resources to adequately maintain the transportation infrastructure ~ a , <br />~10 <br />r~ <br />that is vital to the state's economic health. " <br />r~r=, ' <br />~~ <br />Cities have endeavored to raise local revenues tomeetthe growing localmaintanance a~ ~ <br />~r I <br />and preservation needs, but the gap continues to grow. Facing rapidly rising I <br /> <br />construction costs and working to accommodate rapid population and infrastructure ~ <br />growth, local governments cannot make up for the loss of purchasing power in the ~ <br />state highway fund. ~ ~~~ <br /> ~y 1b'~ <br />City Case Studies ~~ ~1 <br />The following city narratives illustrate some of the specific challenges that cities face _~ __~ _ _ <br />in funding road maintanence and preservation. This selection of cities represent the , <br />largest and some of the smallest of Oregon's 242 cities. The sample is broadly <br /> <br />reflective of all cities, while conveying some of the unique flavors of each. CITY <br />PAGE <br /> 1. Ashland ............................................. 13 <br />1. The Cost of Congestion to the Economy of the Portland Region, Economic Development Research 2. Baker Clty .................................... . ...... 17 <br />Group, December 5, 2005 <br />2. Transportation Research Circular, Transportation Research Board, May 2003 3. <br />4. Corvallis ........ , . , . , , , . , .. <br />Eugene ............................................. 1 g <br />21 <br />3. lbid <br />International Trade Administration, U.S. Department of Commerce, www trade.or~ <br />4 <br />5. <br />Garibaldi . ............ . ............................ . . <br />25 <br />. <br />5. The Cost of Congestion to the Economy of the Portland Region, Economic Development Research 6. Gresham ............................................ 27 <br />Group, December 5, 2005 <br /> <br />6. Motor Fuel Excise Tax Rates, Federation of Tax Administrators, January 1, 2006 7. <br /> <br />8 John Day ........... .. <br />............................... <br />L <br />G <br />d 29 <br /> <br />7. Hybrid vehicle Registrations Increase 81 Percent in 2004, R.L. Polk & Co., March 25, 2005 . a <br />ran <br />e <br />• • • • • • • • • • • • • • • . • • • • • .............. . ....... <br />31 <br />8. Pricing Tends for Federal-Aid Highway Construction, Federal Highway Administration, First 9. Lincoln City ............................ . . . ........... 33 <br />Quarter 2006 <br />9. Engineering News Record: www enr corn/features/coneco/subslrecentindexes.asn 10. <br />11. Lowell ............................................... <br />Milwaukee 35 <br />37 <br /> <br />10. The Cost of Congestion to the Economy of the Portland Region, Economic Development <br />12. ......... . <br />• • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • <br />Newberg ............................... <br />39 <br />Research Group, December 5, 2005 ... . ......... <br /> 13. North Plains .......................................... 41 <br /> 14. Portland ............................................. 43 <br /> 15. Rogue River .......................................... 45 <br /> 16. Salem ............................................... 47 <br /> 17. Shady Cove .... ... ............................. 51 <br /> 18. Sisters ................ ........................... 53 <br /> 19. Springfield ................ ......................... 55 <br />City Streets: Investing in a Neglected Asset -Page 10 City Streets: Case Studies -Page 11 <br />