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Estimated PMF balance from 2017 <br />Estimated Cost <br />Projected MSA Fund <br />Balance <br />$ <br />36,614 <br />2018 Le <br />$ <br />253,000 <br />$ <br />289,614 <br />2017 Fund Balance Transfer <br />$ <br />- <br />$ <br />289,614 <br />Contracted Street Maintenance (Patching, striping <br />and tree trimming) <br />$ <br />47,000 <br />$ <br />242,614 <br />Forest Arm Lane West Branch to Forest Lake <br />$ <br />71,373 <br />$ <br />28,759 <br />Windjammer Reconstruct(North Arm to End <br />$ <br />(71,834) <br />$ <br />(100,593 <br />Feasibility Study for 2019 reconstructs <br />$ <br />(24,000) <br />$ <br />(124,593) <br />Lafayette Ride Court M&O <br />$ <br />(14,627) <br />$ <br />(139,221) <br />Lyman Avenue M&O <br />$ <br />46,321 <br />$ <br />185,542 <br />Tonkaview Lane M&O <br />$ <br />90,204 <br />$ <br />275,746 <br />2018 Preventive Maintenance (Chip/crack sealing) <br />$ <br />(150,000) <br />$ <br />(425,746 <br />b. MSA Streets Proposed for Reconstruction in 2018. The Fox Street project has already been <br />approved for bid solicitation. <br />Project <br />Estimated Cost <br />Projected MSA Fund <br />Balance <br />Estimated Balance from 2017 <br />$739,531 <br />MSA Allotment <br />$ 352,528 <br />$1,092,059 <br />Debt Service <br />$ (139,711) <br />$ 952,348 <br />Leaf Street M&O <br />$ 128,093 <br />$ 824,255 <br />5. Longer Term Planning. Longer term planning for road maintenance is part of the CIP Process. <br />However without a reliable funding source for rad maintenance it has been impossible to provide a <br />realistic plan. Exhibit B has an excerpt from the pavement management plan of those roads identified <br />for reconstruction/ rehabilitation and Mill and Overlay. <br />6. Requested action. Staff Requests council discussion and direction on the following: <br />a. Additional Projects for 2017. There is still time to include some additional projects for 2017 <br />using available funding. Staff's proposal is to execute those listed in table 3.a. <br />b. Guidance for 2018. In order to property prepare for the 2018 construction season staff requests <br />guidance on expected funding levels for 2018 and which if any projects the council would want to see <br />completed that year. Staff's proposal is to execute those projects listed in table 4a subject to funding <br />availability. <br />c. Long Term Road Funding. At what level does the council plan to fund the pavement <br />management fund? This information will be used to inform future discussions and decisions during this <br />years, Budget, CIP and Levy process. <br />