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17.19.050 Dedicated Account and Appropriate Use of Account.

City Code Section

All monies derived from the Northwest Transportation Fund shall be placed in the Northwest Transportation Fund Account. Funds in the Northwest Transportation Fund shall be used to provide transportation improvements in the area bounded by NW Pettygrove Street, NW Nicolai Street, the I-405 freeway, and NW 27th Avenue or in the immediate vicinity, as need arises. Funds may be used to address existing transportation deficiencies and the transportation impacts of growth. Funds in the Northwest Transportation Fund may be used for purposes that include:

A. Transportation analysis

B. Design and construction plan preparation

C. Permitting

D. Right-of-way acquisition, including costs of acquisition or condemnation

E. Relocation of public utilities

F. Construction of new lanes for vehicular or transit use

G. Construction of turn lanes

H. Construction of bridges

I. Design, purchase and installation of traffic signs and signals

J. Design and construction of pedestrian or bicycle facilities

K. Design and construction of drainage facilities

L. Design and construction of curbs, curb extensions, and medians

M. Construction management and inspection

N. Surveying and soils and materials testing, including environmental testing

O. Landscaping

P. Transit facilities

Q. Demolition that is part of the construction of any of the improvements

R. Payment of principal and interest, necessary reserves and costs of issuance under any bonds or other indebtedness issued by the City to provide money to construct or acquire the transportation facilities.

S. Administrative costs of establishing, maintaining, and administering the fund.