Item 25 - Constuction Contract for Grand Avenue Rehabilitation from McFadden Avenue to First Street

Home Browse Search

Grand Avenue Rehabilitation from McFadden Avenue to First Street August 20, 2024 Page 4 ENVIRONMENTAL IMPACT Pursuant to the California Environmental Quality Act (CEQA), the recommended actions are exempt from further review pursuant to Section 15301(c) of the CEQA Guidelines for projects consisting of existing highways and streets, sidewalks, gutters, bicycle and pedestrian trails, and similar facilities. The proposed project continues to meet these parameters of the CEQA Guidelines, and Categorical Exemption Environmental Review No. ER-2023-29 was filed for Project 23-6702 (Exhibit 5). FISCAL IMPACT As indicated in the Cost Analysis, the estimated total construction delivery cost of the project (23-6702) is $2,242,499, which includes construction, contract administration, inspection, testing, and authorized contingencies of $448,500. Funds were available the HUTA 2103 Gas Tax, Improvements Other Than Buildings account (05917663- 66220) and Measure M2 Local Fairshare St, Improvements Other Than Buildings account (03217662-66220) in FY 2023-24. Therefore, a proposed carry-over of unspent funds will be presented to the City Council in September for approval of carryovers to FY 2024-25. Any remaining balances not expended at the end of the fiscal year will be presented to the City Council for approval of carryovers to FY 2025-26. Approval of the requested Appropriation Adjustments will recognize $676,000 of prior - year fund balance from the Special Gas Tax Revenue, Prior Year Carry Forward revenue account (No. 02917002-50001) and $972,882 in Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) grant from Select Street Construction, State Grant -Direct revenue account (No. 05917002-52025), and appropriate it to the Select Street Construction, Improvements Other Than Buildings expenditure account (No. 05917660-66220) and HUTA 2103 Gas Tax, Improvements Other Than Buildings expenditure account (No. 05917663-66220). The spendable portion of the Gas Tax fund balance is estimated to be $676,006 at June 30, 2025, which is sufficient to allow for the recommended appropriation of $676,000. An appropriation adjustment to transfer $30,907 from Roadway Maintenance, Improvements Other Than Buildings, Transfer from Fund 029 revenue accounts and appropriate the same amount into the Gas Tax Interfund Transfer, Transfer to Fund 059 and Select Street Construction, Improvements Other Than Buildings, Improvements Other Than Buildings, Improvements Other Than Buildings, expenditure account, is required for the reallocation of funds from project 22-6970. Approval of the requests to reallocate funds will provide a total of $75,497 in unspent funds from projects 22-6970 and 23-6997. The following table summarizes the funds budgeted for expenditure to deliver the construction of this project: