Item 12 - Santa Clara Avenue Bike Lane and Pedestrian Improvements

Home Browse Search

Santa Clara Avenue Bike Lane and Pedestrian Improvements From Lincoln Avenue to Pasadena Street November 15, 2022 Page 4 ENVIRONMENTAL IMPACT In accordance with the California Environmental Quality Act, the recommended actions are exempt from further review. Categorical Exemption Environmental Review No. ER- 2021-16 was filed for the project. FISCAL IMPACT As indicated in the Cost Analysis, the estimated total construction delivery cost of the project is $4,250,000, which includes construction, contract administration, inspection, testing, and an authorized contingency. With the approval of the appropriation adjustments, the total funding needed to deliver the project will be available for expenditure. 1. Appropriation adjustment to recognize $581,000 in prior year fund balance in the Measure M2 Local Fairshare, Prior Year Carry Forward revenue account (No. 03217002-50001), and appropriating the same amount to the Measure M2 Local Fairshare, Improvements Other Than Building expense account (No. 03217662-66220). 2. Appropriation adjustment to recognize $3,243,000 in Senate Bill 1, Solutions for Congested Corridors Program (SCCP) grant funds in the Select Street Construction, State Grants -Indirect revenue account (No. 05917002-52027), and appropriating the same amount to the Select Street Construction, Improvements Other Than Building expense account (No. 05917660-66220). The following table summarizes the funds budgeted and available for expenditure to deliver construction of this project. Accounting Unit - Fiscal Account Fund Accounting Unit - Account Amount Year No. Description No. Description (Project No. Appropriation Adjustments 2022- 03217662- Measure M Measure M2 Local 23 66220 Street Fairshare, Improvements Other $581,000 Construction Than Building 05917660- Select Select Street Construction, 22-23 66220 Street Improvements Other Than $3,243,000 Construction Building Total $3,824,000 Existing Project Budget