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B 2005 MUSA Funding OptionsCITYOF CHAN SEN 7700 Market Boulevard PO Box 147 Chanhassen MN 55317 Administration Phone: 952 227 1100 Fax 952 227 1110 Building Inspections Phone: 952 2271180 Fax: 9522271 !90 Engineering Phone: 952 227 1160 Fax: 952227 11,,70 Finance Phone 952227 1140 Fax: 952227 1110 Park & Recreation Phone: 952227 1120 Fax: 952227 1110 Recreation Cente~ 2810 Coulter Boulevard Phone: 952227 1400 Fax: 952 2271404 Planning & Natural Resources Phone: 952 2271130 Fax: 952 2271110 Public Works 1591 Park Road Phone: 952 227 1300 Fax 952 2271310 Senior Center Phone: 952227 1125 Fax: 9522271110 Web Site wwvv ci char~hassen rnn us MEMORANDUM TO: FROM: DATE: SUB J: Todd Gerhardt, City Manager Paul Oehmc, City Engineer/Dir. of Public Works June 23, 2004 2005 MUSA - Arterial & Collector Roadway Funding Options Project No. 04-05 DISCUSSION Staff has been reviewing options to fund future collector roadway projects. These projects include the upgrade of county roadways such as Lyman Boulevard and Pioneer Trail. As development continues in areas south of Trunk Highway 5 and as the region continues to grow, these roadway segments will require expansion and urbanizing. The problem is to figure out creative mechanisms to fund these future projects. Based on a historic agreement between the Cities of Chanhassen and Chaska and Carver County, the City could potentially pay for 83% of the roadway improvements. Staff will be presenting several options and issues to help fund these future projects. Funding options include: · Charging a fee to the developers to go towards future collector roadway projects. · Only assessing the fi'ont footage along the collector roadway projects. · The City assessing all properties in the area for future roadway projects. Staff will be presenting the pros and cons to each option at the work session. g:\eng\public\04-05\funding options cc memo.doc The City of Chanhassen · k gro¢4ng CoB,rnui/it}/with clean