City of Tacoma Notice of Public Hearing November 5, 2014 On Tuesday, November 18, 2014, and Tuesday, November 25, 2014, at approximately 5:30 p.m., the Transportation Benefit District Governing Board will conduct the first and second public hearings on the proposed 2015-2016 Transportation Benefit District Budget and Spending Plan. This hearing will take place in the City Council Chambers on the first floor of the Tacoma Municipal Building, 747 Market Street, Tacoma, Washington. All persons will have an opportunity to present their oral comments at the meeting. Those wishing to submit written comments may do so at the public hearings, or may submit them to the City Clerk's Office at 733 Market Street, Room 11, Tacoma, WA 98402, by 4:00 p.m., on Tuesday, November 18, 2014 for the first public hearing, and by 4:00 p.m., on Tuesday, November 25, 2014 for the second public hearing. Resolution No. TBD006, which set the public hearing dates, can be viewed in its entirety on the City's website at www.cityoftacoma.org/recentlegis by clicking on the link for November 4, 2014, or by requesting a copy from the City Clerk's Office at (253) 591-5505. For more information, please contact Mr. Erik Sloan at (253) 5915681. Doris Sorum City Clerk On Tuesday, November 18, 2014 and Tuesday, November 25, 2014, the Transportation Benefit District Governing Board will conduct public hearings on the proposed 2015/ 2016Transportation Benefit District Budget/Spending Plan. As authorized by RCW 35.21.225 and 36.73.020, City of Tacoma Ordinance No. 28099 established a Transportation Benefit District (TBD) for the purposes of acquiring, constructing, improving, providing and funding transportation improvements within the TBD consistent with any state, regional, or local transportation plans and necessitated by existing or reasonably foreseeable congestion levels. On November 27, 2012, the TBD Governing Board adopted Resolution No. TBD 001 that authorized a vehicle license fee of $20. The City of Tacoma's Budget Office estimates that the City will collect an estimated $4,792,894 of TBD revenues in the 2015-2016 biennium. RCW 36.73.020 states that the TBD Governing Board shall consider the following criteria when selecting transportation improvements: reduced risk of transportation facility failure and improved safety; improved travel time; improved air quality; increases in daily and peak period trip capacity; improved modal connectivity; improved freight mobility; cost-effectiveness of the investment; optimal performance of the system through time; and other criteria, as adopted by the governing body in Tacoma Municipal Code 10.28. For more information, please contact Erik Sloan at (253) 591-5681 or esloan2@cityoftacoma.org. November 7