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<br />B-6 <br /> <br />Sales Tax: The City of Boulder levIes a m,e cent sales tax that is <br />earmarked for major thoroughfares and open spaa. acquisition, Where such <br />a tax is levied, a portion of the money used for major thoroughfares can <br />be designated for drainage facilIties, since provision of adequate drain- <br />age is necessary for the proper construction, clperation, and maintenance <br />of major thoroughfares, The portion of the money earmarked for open space <br />can, in part, be related to drainage facilitie, since, in the pilot drain- <br />age project, the rights-of-way wi 11 be mul t; -pul-pose features that woul d <br />serve as greenbelts and recreational areas, as well as functioning as drain- <br />age faci 1 itles, <br /> <br />General Corporate Levy: The City's I)eneral funds are used to finance <br />drainage facilities in conjunction with street maintenance and bridge con- <br />struction, Also, capital improvements al-e budseted on a five..year basis <br />and drainage facIlities could be included in this mclnner, <br /> <br />User Charges: A program could be worked cut in which user charges <br />would be levied, This would be the service chclrge mentioned earlier, <br /> <br />Development Agreements with Subdivl,!ers: ThIs ~Iould be a procedure <br />whereby potential subdivIders would contribute to the cost of drainage <br />facll ities made necessary because of thei r developme,nt. It Is the same <br />procedure that was discussed under the County funding provisions, <br /> <br />Sl?ecial improvement Bonds: A Special Improvement District could be <br />organized and persons who benefit directly from the drainage faci 1 itles <br />that would be constructed would be assessed the costs of the facll ities. <br />The money obtained from these assessments would be used to retire the bonds <br />which finance the constructIon, This would be particularly applicable to <br />those who constructed buildings in an imprudent manner in the flood piains, <br /> <br />Local Improvement Bonds: A Local Improvement District could be form- <br />ulated and ad valorem tax used to finance necessary improvements, These <br />taxes would then be used to retl re the local improvement bonds that would <br />be used to fi nance the project. <br /> <br />POTENTIAL USE AND MAGNiTUDE OF ~ <br /> <br />Financing dr/linage faci litles In Boulder should not be as dIfficult as one <br />might think if a little preplanning and "politkking" is done, <br /> <br />The key to financing drainage Improvements is to identify drainaqe with <br />roads, streets, and bridges, and with open space and parks and recreation <br />areas, Certainly the street and road personnel realize that maintenance, <br />repairs, and rebuilding area necessitated in part by surface waters. and if <br />adequate drainage Is avai lable, the aforesaid problems are reduced, The <br />job of "politicking" is to get county commissioners and city councilmen to <br />realize this simple fact and In theIr budget deliberations make separate <br />provisions for provIding for drainage rather than putting all of their <br />resources into streets, roads, and bridges, <br />