Sunday, December 16, 2007

Roads and the Franklin & Eagle "Lifestyle Center"...

In early November, the Idaho Statesman printed an opinion on the development that will be happening on the NE corner of Franklin and Eagle. They seemed to have a concern regarding the developer paying for the infrastructure improvements in return for payback via lower sales taxes until his investment has been paid off. They questioned if using the recently approved STAR program that allows government and business partnerships for large infrastructure projects was a good deal for Idahoans.

I submitted an opinion piece shortly thereafter that I had coordinated with many other legislators in our valley that were aware of the new STAR legislation and supported it. This legislation, passed in our 2007 session, allows the use of developers funds to build out the infrastructure as part of their development with engineering oversight from ITD. That editorial, although verified by the paper to be valid, has never been printed in the Statesman (but it has in other local publications), so I thought I would share it with you here in the case you didn't see it in any of the other publications that printed it:

"Use of the STAR program is right for Meridian's growth


Recently there has been discussion about the proposed expansion of Eagle Road using the funding mechanism known as STAR. As a member of the Idaho State Legislature who voted for this bill, I wanted to share my thoughts about this funding mechanism, this road widening project, and the subsequent development.

As a funding mechanism, this legislation, which passed the House by a vote of 68-1-1 and the Senate by 24-10-1, is a way to bring needed new money into our road building process. The STAR legislation provides a tool to local officials who may be looking for a way to pay for a needed road improvement.

It requires substantial investment by a single entity - and does not open up coffers to every road project. Yes it does require the developer to be paid back over time. But, not unlike ACHD road projects being built in Meridian, it allows a project to get built by a public/private partnership with a developer fronting the money. This means that we all see the road improvement sooner, for less money, and before the project impacts an area using today's dollars.

Eagle Road is the most heavily traveled highway in Idaho. As North Ada County continues to develop - Eagle, Star, Meridian, and West Boise - Eagle Road will have greater demands placed on it until alternate transportation corridors like Highway 16 are built. With the time frame for Highway 16 still undetermined and the Ten Mile Interchange not scheduled to begin construction until 2009, this project will provide immediate capacity improvements to this roadway.

There are also a number of other benefits that will be a result of the Eagle Road widening and the subsequent development. Projects such as the proposed "Lifestyle Center" are designed to get vehicles off of the road. Rather than driving from store to store to store, they provide an environment where people will go to one place with multiple retailers and amenities to spend their days and evenings. This will reduce trips throughout the valley, help improve our air quality, and save fuel for those who may not wish to travel to other parts of the valley for their shopping needs.

It also brings jobs to the area: over 3,000 construction jobs and an estimated employment of 2,500. This will increase our community's tax base; it will generate sales tax and income tax - items that benefit everyone in Idaho. The property tax generated by this "Lifestyle Center" in the future will have a much larger impact than just the sales tax that is generated.

While the State will receive 40% of sales tax initially, after the funds are repaid the State will collect 100%. We must look at the long-term benefits when examining a project like this "Lifestyle Center" that has such a great return on investment for our State.

As Idahoans we are concerned about sprawl, traffic congestion, quality jobs,
and quality of life. No matter what your views are, we all know that the
property located at Eagle and Fairview would not remain undeveloped forever, with or without road improvements. The current grass fields create little tax revenue for the state. State funded transportation improvement in this area would be years away without this sort of local government and business partnership enabled by the STAR program.

At a time when transportation related matters are at the forefront of issues in the Treasure Valley and before the State Legislature, I am excited to see our efforts to provide alternative funding for transportation projects being put to good use. "

Your thoughts?...


1 comment:

Anonymous said...

Dear Rep. Hagedorn:

Thanks for jogging my memory. Your guest opinion is slated to run in Tuesday's Statesman.

Kevin Richert
editorial page editor
Idaho Statesman