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HomeMy WebLinkAbout20C - AA FOR FLOWER ST BIKE TRAILREQUEST FOR COUNCIL ACTION CITY COUNCIL MEETING DATE: OCTOBER 6, 2020 TITLE: APPROVE AN APPROPRIATION ADJUSTMENT TO APPROPRIATE $982,000 IN PARK ACQUISITION AND DEVELOPMENT (DISTRICT 3) FUNDS RECEIVED IN PRIOR YEARS FOR IMPROVEMENTS ALONG THE FLOWER STREET BIKE TRAIL AND AMEND THE FISCAL YEAR 2020-2021 CAPITAL IMPROVEMENT PROGRAM TO INCLUDE NEW PROJECT FUNDS (NON -GENERAL FUND) CLERK OF COUNCIL USE ONLY: ❑ As Recommended ❑ As Amended ❑ Ordinance on 1 s' Reading ❑ Ordinance on 2od Reading ❑ Implementing Resolution ❑ Set Public Hearing For_ CK�7►111►U1q�iC�. /s/ Kristine Ridge FILE NUMBER CITY MANAGER RECOMMENDED ACTION 1. Approve an appropriation adjustment to appropriate $982,000 in Park Acquisition and Development (District 3) funds received in prior years for improvements along the Flower Street Bike Trail. 2. Approve an amendment to the Fiscal Year 2020-2021 Capital Improvement Program to include the Flower Street Bike Trail Improvements. DISCUSSION The City is wishes to undertake improvements along the Flower Street Bike Trail between Warner Avenue and Segerstrom Avenue. There is damage to this section of the trail caused by tree roots cracking and uplifting the surface. Improvements include removal of the entire existing asphalt trail, re -grade to capture onsite water, tree root maintenance, and installation of a three-inch layer of asphalt concrete along with striping. In order to complete the project, the City is requesting an appropriation adjustment to appropriate funds received in prior years in park acquisition and development fees for District 3, the section of the City that is South of First Street and East of Bristol Avenue. Additionally, an amendment to the Fiscal Year 2020-2021 Capital Improvement Program would incorporate this project and related funding source into the 7-year plan. 20C-1 Recognize funds and amend the Fiscal Year 2020-2021 Capital Improvement Program October 6, 2020 Page 2 FISCAL IMPACT The requested appropriation adjustment will appropriate revenue from prior years in the amount of $982,000 to the Acquisition and Development (District 3) Account (No. 31313002-50001). Funds will be expended in FY 2020-2021 as follows: Fiscal Accounting Fund Accounting Unit, Account Amount Year Unit -Account # Description Description FY 20-21 31313260- PRCSA Acquisition and Development, $982,000 66220 Acquisition and Improvements Other Than Develo ment Building Fiscal Impact Verified By: Kathryn Downs, CPA, Executive Director— Finance and Management Services Agency Submitted By: Lisa Rudloff, Executive Director— Parks, Recreation, and Community Services Agency Nabil Saba, P.E., Executive Director— Public Works Agency Exhibit: 1. FY 2020-2021 Capital Improvement Program Sheet 20Ci-2 ({ () \) � \$� LU z,l: o E14 Lu 0f)\ man: \ \ k} ul {\ �± o« L®@ Lx, G\] G[\ ■2= ■*® a<� a22 ) 0 \ 0 -j k ) r\ k\ z \ R § z L LLL L R §� - ) j a. § 4