§ 70.59 FUNDING.
   (A)   A city street that qualifies for any one of the speed hump program categories may be constructed by the city if there is funding available for the project in the current city budget cycle. The priority of any qualifying project shall be determined at the discretion of the City Council. Those not funded will be considered, based on a priority ranking system, as funding becomes available. Nothing in this section shall obligate the city to allocate such funding.
   (B)   A street that qualifies for one of the speed hump program categories may be funded by an individual or a group of individuals. The individual or group of individuals must enter into a memorandum of understanding (MOU) with the city, wherein the individual or group of individuals agree to pay for all costs associated with the installation of the speed hump(s), including construction, inspection, signage, administration, and the like. Once an MOU has been executed, the speed hump(s) shall be included in the next city speed hump project. Private payment for speed humps does not relieve a location from the requirement of a two-thirds majority of residents favoring the installation of speed humps, or from any other criterion set forth in these guidelines.
(Ord. 2013-17, passed 8-19-13)