Stribling Avenue
FISCAL YEAR 2024 BUDGET
SUMMARY
Project Name: Stribling Avenue Sidewalk
Department: Public Works Department
Start Date: 7/01/2024
End Date: TBD
PROJECT DESCRIPTION:
Belmont Station, LLC submitted an application seeking a rezoning of approximately twelve (12) acres of land to subdivide and develop a 170-unit Planned Unit Development, in twenty (20) construction phases. The subject property has some frontage on Stribling Avenue. The Planning Commission recommended that City Council approve the rezoning only if a sidewalk for pedestrians would be constructed along Stribling Avenue. These funds will be used to add sidewalk improvements to Stribling Avenue.
RELATIONSHIP TO STRATEGIC PLAN:
Chapter 6 : Transportation
Goal 1. Complete Streets
Create and maintain a connected network of safe, convenient, and pleasant accommodations for pedestrians, bicyclists, and transit riders, including people of all ages and abilities.
Goal 2. Coordination with Land Use & Community Design
Improve quality of life and promote active living by reducing automobile use and congestion and supporting multimodal options for safe and convenient travel in conjunction with implementation of the Future Land Use Vision.
Goal 8. Infrastructure Funding
Identify and seek new sources of sustainable funding mechanisms for the maintenance of existing multimodal infrastructure and facilities and future development of the transportation system.
PROJECT OBJECTIVES / STATUS:
The developer, Belmont Station LLC, offered to advance of $2.9 million to the City for Stribling sidewalk construction, repayable in future years (with interest) from the new real estate tax revenues generated by the PUD development. It has been estimated that the cost of establishing sidewalk along Stribling Avenue would be at least $4.2 million. The topography and drainage challenges explain the lack of sidewalk improvements along this existing public street and will add complexities to the design of the project.
Cost Estimate
Operating Impacts
Operating impacts to be determined in the future.