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10A - MINUTES 06-05-18
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10A - MINUTES 06-05-18
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Last modified
6/19/2018 9:30:10 AM
Creation date
6/14/2018 7:35:42 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Clerk of the Council
Item #
10A
Date
6/19/2018
Destruction Year
2023
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TransferAny Savngs'fro rti Right'.of Way <br />Phase of Bristol Street —Warner to St. <br />Andrew <br />10- Right of=way phase nearly complete <br />8 All,programmed funds for,ROW <br />phase have been expended, and <br />there is currentlya shortfall <br />Re -Scoping, Bristol-Warner.to St. Andrew - <br />Projectlo Include Signal. <br />> Reducing Segment or Eliminating Project <br />elements Hof feasible <br />> Projectschedulbd4obegin2019. <br />u Any'potential conungency saving's would not be <br />,available until 2020. <br />> Project' <br />s,currenftyunderfunded($5.1 Million), <br />a CurrenfQ stestimateis$32.9Million <br />aZurrentavailablefunds $278Million <br />and property safes to fill <br />Gas" Tax P.roceeds;fron <br />Remnant Properties <br />> Property Sales Pending Properfy':Disposttjon Policy <br />Proceeds•to be used on Bristol Street <br />:o Fill pioJecffunding gaps <br />a UQlityundergroundirig <br />However, City, could designale,$4-82;000 for traffic signal <br />ng <br />Anqual Revenue Estimatedl'obe,$5.8 million- subjedtto <br />.repeal <br />> Fisca[Year20.18=2019: <br />a Fundsare programmed and,list of projectshave been <br />submitted to California Transporiajion Commission <br />> FiscalYear2019-2020 and,2020`-2021; <br />c Funds are planned for roadway.repair <br />o. Delay of roadway rehab Would increase cost <br />VL CoundPcould•defer other projects andrecommend$732;000 <br />for_: <br />$482;000 Traffic -Signal <br />,$250;000 - St. Andrew Road ;Repair' <br />
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