Loading...
HomeMy WebLinkAbout25I - BRISTOL STREET CORRIDOR IMPROVEMENTS FUNDING REQUEST FOR COUNCIL ACTION ~~ ~\") ~ CITY COUNCil MEETING DATE: CLERK OF COUNCil USE ONLY: MARCH 6, 2006 TITLE: COOPERATIVE AGREEMENT WITH ORANGE COUNTY TRANSPORTATION AUTHORITY TO FUND BRISTOL STREET CORRI IMPROVEMENTS APPROVED o As Recommended o As Amended o Ordinance on 1 sl Reading o Ordinance on 2nd Reading o Implemenling Resolution o Sel Public Hearing For ~(/ CONTINUED TO FILE NUMBER CITY MANAGER RECOMMENDED ACTION 1. Direct the City Attorney to prepare and authorize the City Manager and the Clerk of the Council to execute a Cooperative Agreement for a Funding Plan with the Orange County Transportation Authority in the amount of $225 million for Bristol Corridor Improvements between Warner Avenue and seventeenth Street, 2. Approve an appropriation adjustment accepting $18.05 million for fiscal year 2005/2006 from the Orange County Transportation Authority in the project revenue account (account no. 59-01-5335) and appropriate the funds to the project expenditure account (account no. 59-551-6631) for improvements of Bristol Street between Warner Avenue and Seventeenth Street, DISCUSSION The widening of Bristol Street between Memory Lane and Warner Avenue was envisioned in 1990 with certification of the environmental document. At the same time City was working on a planning document to incorporate the land use and zoning of the Corridor, The Bristol Corridor Specific Plan was approved by City Council in 1991, Since then the City has been aggressively seeking funds to implement the Specific Plan. The first segment to receive funding was between St Andrew Place and McFadden. This segment was completed in 2003 for a total cost of $44 million. The second segment, Elm to Memory Lane was completed in 2004 for a total cost of $4.5 million, The third segment which is between Third & Pine Streets has been designed and will be under construction in summer of 2006. The Orange County Transportation Authority (OCTA) adopted their 2006 State Transportation Improvement Program at their November 28, 2005 meeting. As part of this comprehensive program, they approved a funding Plan of $225 million for the Bristol widening between Warner Avenue and Seventeenth Street. OCTA committed to program $125 million from Gas Tax 251-1 Cooperative Agreement With aCTA March 6, 2006 Page 2 Subvention funds in fiscal years 2006/7 through 2011/12 and to seek an additional $100 million from other sources including federal appropriations, state grants or local funds. The first $125 million cash flow will be provided to the City according to the attached exhibit (Exhibit 1). In order to improvements four phases: meet the funding cash flow availability from aCTA, the between Warner Avenue and Seventeenth Street will be done in Phase I Phase II Phase III Phase IV McFadden to Pine Third to Civic Center Civic Center to Seventeenth St. Warner to St. Andrew place A major cost of the widening is acquisition of properties along Bristol, A total of 138 residential and 98 commercial properties are involved in this project. It is estimated that Phase I & II will be completed by 2011 and phases III & IV by 2013. This cooperative agreement will establish the roles and responsibilities between aCTA and the City. The City will bear the majority of the responsibilities for widening of Bristol Street. The City will be responsible for right-of-way acquisition, preparation of the construction documents, utility relocation & undergrounding, bid advertisement, award and administration of the construction contract. In addition the City will be handling the notification to the property owners, businesses and the adjacent neighborhood associations, Several meetings will be arranged to fully inform the community of the scope of the project, the process of property acquisition and relocation and the construction scheduling. ENVIRONMENTAL IMPACT There is no environmental impact associated with this action. FISCAL IMPACT The appropriation adjustment will increase the Select Street Program revenue account (account no, 59-01-5335) by $18.05 million and the expenditure appropriation by $18.05 million (account no, 59-551-6631) to widen Bristol Street between Warner Avenue and Seventeenth Street. APPROVED AS TO FUNDS AND ACCOUNTS: k t1"" ,/ ^~ ClvvW\o~ ames G. Ross Execut~ve D~rector Public Works Agency . ~ '-I> ,- ~'\'N"",,[',") ) ~-:'n Francisco Gutierrez Executive Director 2 I Finance & Mgmt, Services 5 -2 I' (,j ,1 Agency ~ Semi-Annual Maximum Obli ation for Bristol Street Widenin Amounts shown in $millions cy Total Jan- July- Jan- July- Jan- July- Jan- July- Jan- July- June Dee June Dee June Dee June Dee June Dee SEMI- ANNUAL $18.05 $13.75 $14.20 $10.74 $12.26 $16.70 $ 6.30 $11.00 $12.00 $10.00 $125.00 TOTALS CY = CALENDAR YEAR EXHIBIT 1 SANT A ANA * PW A j , , CITY COUNCIL AGENDA DATE' MARCH 6. 2006 Tille' COOPERATIVE AGREEMENT WITH ORANGE COUNTY TRANSPORTATION AUTHORITY TO FUND BRISTOL STREET CORRIDOR IMPROVEMENTS Pt.IIll(IORISiC/'II;T 251-3 251-4