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Financial- COPS (Official Statement/Drafts)
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Financial- COPS (Official Statement/Drafts)
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9/19/2012 2:27:01 PM
Creation date
8/23/2011 11:17:08 AM
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RecordID
10161
Title
Financial- COPS (Official Statement/Drafts)
Company
Marion County
BLDG Date
1/1/1999
Building
Courthouse Square
BLDG Document Type
Finance
Project ID
CS9801 Courthouse Square Construction
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r--, <br />~_ i <br />~`~ <br />~ ; :i <br />~;;< <br />"WHAT IS THE NEED FOR COURTHOUSE SQUARE?" <br />Prepared For: The Special Project Oversight Committee <br />By: The Salem Area Mass Transit District <br />January 6, 1998 <br />Y <br />~~, ~~ ~ <br />~~~; <br />~` ~ <br />The Oversight Committee has requested information conceming the "need" for the Courthouse <br />Square project, from the staadpoint of the partners in the project. We have interpreted this to <br />ask the questions, "Why is there a need for a new downtovyn transit center," and "Why should <br />that center be a part of Courthouse Square7" To adequately respond, staff is presenting a brief <br />overview ~f the Cherriot system; a synopsis ot the need for a transit facility; a review of the <br />current station on H'igh Street; and, a look at the proposed Courthouse Square project on the <br />Senator block site. <br />To sum.marize the information that follows, the keys points that define the need for a new <br />downtown transit center, in the District's view, are: <br />Inadequacy of the current Cherriot Station...The eatisting facility is unsafe and <br />physically and functionally inadequate to meet the needs of today's transit customers. <br />Innezibility of the current traasit site to accommodate growth ...population is <br />inoreasing at a 2% per annum rate, and transit ridership over the past four years has <br />been growing at ~uadruple that rate. City and Regional transportation plans depend on <br />public transit to cariy thousands of additional daily riders. We cannot meet those goals, <br />or expect to continue sizable riderslup growth rates, at today's transit facility. ~ <br />T6e District is mandated to leave t6e Cherriot Station...The City of Salem has <br />issued a formal request to the District to vacate H'igh Street, to retuin needed traffic <br />capacity to the downtown area. ~ <br />BACKGROUND <br />The Salem Transit District operates twenty bus routes within the Salem/Keizer Urban Growth <br />Boundary (UGB), an area which comprises the cities of Sale~n and Keizer, and a portion of <br />unincorporated Marion County area east of Lancaster Drive out to Cordon Road. Attachment <br />1 presents a map of the route structure. The Cherriots service area is fixed in State statute as <br />the 1977 Salem/Keizer UGB. Changes to the boundary are permissible, subject to a public <br />participation process which is prescribed in statute. <br />Nineteen of the twenty routes have downtown Salem as their starting and ending point. These <br />routes depart from a common focus, cuirently the Cherriot Station on High Street between <br />Court and State Streets. They proceed outward in a radial fastnon to the edges of the <br />urbanized azea, and return to downtown Salem. <br />
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