Council adopts ordinance lowering recovery rate for assessable traffic calming improvements
During today’s meeting of the Common Council, the Council adopted file #210828 – a substitute ordinance relating to the recovery rate ratio for placement of new assessable traffic calming improvements. The file, sponsored by Alderman Michael J. Murphy, reduces the recovery rate ratio for placement of new assessable traffic calming improvements such as speed humps from 90% to 33%.
The file uses American Rescue Plan Act dollars to help offset the cost speed hump construction, thereby encouraging more requests and implementation to help make neighborhood streets safer. The rate per linear foot drops from $6.50 to $2.00 providing a significant cost savings to property owners, and will allow the Department of Public Works to construct approximately 300 speed humps before the ARPA offset dollars run out. This number represents roughly triple the number of speed humps the department currently implements in a given year.
The file was co-sponsored by Alderman Robert J. Bauman, Alderwoman JoCasta Zamarripa, Alderman José G. Pérez, Alderman Russell W. Stamper, II, Alderman Mark Borkowski, Alderman Scott Spiker, Alderwoman Milele A. Coggs, Alderwoman Chantia Lewis, Alderman Ashanti Hamilton and Alderman Cavalier Johnson.