POLICY BOARD MEETING HIGHLIGHTS
July 13, 2000
Joint Meeting of the
Transportation and Growth Management Policy Boards
Commissioner Charlotte Garrido, Chair, GMPB
Councilmember Dave Earling, Vice Chair, TPB
Commissioner Charlotte Garrido and Councilmember Dave Earling jointly chaired the meeting. The meeting was one member short of a quorum so the sole action item, the Consent Agenda, was deferred.
2001 Metropolitan Transportation Plan (MTP) Update: Focus on Alternatives for Public Review
Commissioner Garrido presented an overview of next steps to be taken in the 2001 MTP Update, which include:
- Policy Board action in August to release the Draft 2001 Metropolitan Transportation Plan (MTP) Alternatives Analysis and Draft Environmental Impact Statement (EIS) for public review and comment during September and October
- Consideration and discussion of public input, followed by selection of a preferred alternative in December
- Adoption of the 2001 MTP by the General Assembly in March 2001
Framing MTP/SEPA Alternatives and Early Results of Technical Analysis
Ralph Cipriani emphasized that the document that will be released for public review in August is not the draft Metropolitan Transportation Plan (MTP), but will present alternatives for public discussion and input to the plan. The preferred alternative that is ultimately selected will be used to craft the 2001 MTP. He presented a summary of the preliminary technical analyses of the three MTP/SEPA Alternatives: Updated 1995 MTP, Current Law Revenue ("No Action" alternative), and MTP Plus with either increased roadway capacity or improved system management and increased transit capacity.
The findings illustrated common elements and differences among the alternatives and the results that could be expected under each of the three. An 18-page matrix summarizing this information was provided at the meeting and is available by contacting the Regional Council's Information Center, (206) 464-7532.
For more information on this item, contact Ralph Cipriani, MTP Manager, at (206) 464-7122 or e-mail rcipriani@psrc.org.
Growth Management Initiatives - Financial Incentives and Development Strategies
Commissioner Garrido continued the discussion that begin last month on the draft growth strategies initiatives being considered for inclusion in the 2001 Draft MTP Alternatives Analysis and Draft EIS. Physical Design Guidelines were discussed at the June joint meeting, and this month Commissioner Garrido discussed Financial Incentives and Development Strategies.
Draft Financial Incentives, intended to influence transportation and land use choices by providing financial incentives and disincentives, include:
- Tax Increment Financing
- Multi-Family Tax Abatement
- Transit Tax Incentive
- Location Efficient Mortgages
- Revenue Sharing
- Land Value Taxation
Draft Development Strategies, intended to support implementation of VISION 2020, include:
- Concurrency Barriers (includes impact fees)
- Streamlined Review Process
- Factoring Transit-Oriented Development (TOD) and Transportation Demand Management (TDM) into Local Permitting
- "Salmon Friendly" Strategies
- Benefit Assessment Districts
- Transfer of Development Rights
- Interlocal Agreements and Memorandums of Understanding addressing land use and growth management
- Affordable housing
This fall the Growth Management Policy Board will work with feedback from the public review process to further develop and refine the growth strategies initiatives for inclusion in the preferred alternative.
For further information on this topic, please contact Norman Abbott at (206) 464-7134 or e-mail nabbott@psrc.org.
Financial Component
Kevin Murphy provided an overview of financial strategy options which could be incorporated in a preferred plan alternative. The options could be used to address the region's financial shortfall to fund programs and projects through the year 2030. Mr. Murphy also presented a financial summary identifying projected shortfalls for each of the MTP/SEPA alternatives. The next steps in developing a financial strategy will be to receive public input and then develop specific implementation action, tailored to the preferred plan alternative, that address short-term and long-term funding needs.
For more information on this item, please contact Kevin Murphy at (206) 464-6411 or e-mail kmurphy@psrc.org.