TUSTIN, CITY OF (TSIA - COMPLETE COPY-2012

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MEETING DATE: AUGUST 30, 2001 __ TO: SANTA ANA/TUSTIN TSIA BOARD FROM: TSIA STAFF SUBJECT: ALLOCATION OF TSIA FUNDS FOR RIGHT -OF -WAY ACQUISITION AND CONSTRUCTION OF THE RED HILL AVENUE WIDENING PROJECT AT 1 -5 (AREA "B ") RECOMMENDATION It is recommended that the Santa Ana/Tustin TSIA Board: 1. Authorize an additional TSIA allocation in the amount of $115,000.00 in FY 2001/02 for the completion of the right -of -way acquisition phase and; 2. Authorize a TSIA allocation in the amount of $145,000.00 in FY 2001/02 for the construction phase of the Red Hill Avenue Widening Project at 1 -5 within TSIA Area "B ". BACKGROUND On February 25, 1993, the Santa Ana/Tustin TSIA Board approved funding in the amount of $110,000 for preparation of Preliminary Engineering Studies and Environmental Documentation to investigate feasible alternatives for widening Red Hill Avenue between El Camino Real and Nisson Road (Area B) to Major Arterial Highway standards. Then on December 11, 1997, the Santa Ana/Tustin TSIA Board approved a transfer of funding of $36,000 from Preliminary Engineering to land acquisition and approved additional funding of $124,000 for land acquisition totaling $160,000. The Preliminary Engineering Study, Environmental Documentation and Project Report are completed. The City of Tustin has certified a Mitigated Negative Declaration and a Notice of Declaration has been recorded by the County of Orange Clerk /Recorder. Final design is substantially completed and funded by the City of Tustin with Measure "M" Turnback Funds. A Caltrans construction permit is pending right -of -way certification. In FY 1997/98 it was estimated that the total acquisition costs would be $160,000. Additional TSIA funding of $115,000 to complete the right -of -way acquisition phase is now requested due to increases in property values since the initial TSIA allocation in December 1997.