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CC Work Session 2. 2. <br />Meeting Date: 04/09/2019 <br />Information <br />Title: <br />Update Regarding Local Road Funding <br />Purpose/Background: <br />The purpose of this case is to review the Council's interest in taking next steps in regard to local road funding <br />options, including the consideration of franchise fees. Further consideration of the franchise fee option would <br />require the city to conduct additional research, including the following: <br />• Develop responses to frequently asked questions (FAQs) raised during the march public input meetings. <br />• Contact local utilities and conduct current revenue analysis based upon number of meters. <br />• Finalize impact analysis of various road funding options on local properties. <br />• Draft options for policy to address properties that received assessments over the past 5 years. <br />• Draft franchise fee ordinance texts and necessary agreements. <br />• Research options for ballot questions in regard to franchise fees. <br />• Additional public outreach efforts. <br />Attached is a timeline for the last time francise fees were adopted by the City of Ramsey in 2003. This timeline <br />shows that an approxamately 8 month time period was necessary for the adoption and implementation of franchise <br />fees. <br />Timeframe: <br />15-20 minutes <br />Funding Source: <br />N/A <br />Responsible Party(ies): <br />Kurt Ulrich, City Administrator <br />Outcome: <br />Direction in regard to locaal road funding options, based upon discussion. <br />Attachments <br />2003 Timeline <br />Form Review <br />Inbox Reviewed By Date <br />Kurt Ulrich Kurt Ulrich 04/04/2019 05:46 PM <br />Form Started By: Kathy Schmitz Started On: 04/04/2019 04:48 PM <br />Final Approval Date: 04/04/2019 <br />