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HomeMy WebLinkAbout1/23/2020 - Public Notice (Official) - Posted by AgencyFrom:webmaster@east-wenatchee.com on behalf of City of East Wenatchee To:Maria Holman Subject:City of East Wenatchee: City of East Wenatchee Public Works - Legal Notice Date:Thursday, January 23, 2020 11:30:24 AM City of East Wenatchee Public Works - Legal Notice Transportation Benefit District 2019 Annual Report Notice: City of East Wenatchee Transportation Benefit District 2019 Annual Report, providing the status of transportation improvement costs, transportation improvement expenditures, revenues, and construction schedules as required by RCW 36.73.160. Post Date: 01/23/2020 10:46 a.m. 2019 Transportation Benefit District Annual Report The City of East Wenatchee (City) formed the Transportation Benefit District (TBD) in November 2012 and ratified a Residential Street Preservation Program in January 2013. Initially, the TBD was formed as a separate legal entity; however, in 2015 the TBD transitioned to a Special Revenue Fund. 2019 was the sixth full year of operating the TBD. The City completed its fifth set of residential street preservation projects. This included repaving the following streets: Transportation Benefit District 2019 Annual Report Expenditures In addition, the City utilized TBD funds to update an existing pavement management plan. The pavement management plan update included acquiring pavement management software and collecting pavement condition data. Both of which are used in conjunction to plan and budget for future pavement preservation projects. Cash resources at the beginning of 2019 were $379,978.50. After receiving $257,103.00 in car tab receipts, expending $302,511.52, ending 2019 cash resources were $334,569.98. The 2020 Residential Street Overlay Program includes three projects: 1. Clements Cir from 13th St NE to 13th St NE; 2. 4th St NE from N Colorado Ave to Eastmont Ave; and 3. S Keller Ave from 1st St SE to 3rd St SE. The estimated costs for these projects are approximately $374,400. Download Report: 2019 Transportation Benefit District Annual Report Having trouble viewing this email? View on the website instead. Change your eNotification preference. Unsubscribe from all City of East Wenatchee eNotifications.