HomeMy WebLinkAboutAgenda Report - April 2, 1986 (63)CITY COUNCIL, MMTING
- APRM 2, 1986
REALLOCATION OF ka
STREET FUNDS
RES. NO. 86-47 City Manager Peterson reported to the Council that at the
time that the City's revenue projections were made for the
CC -7 (f) 1986 Capital Improvement Plan, the amount of money the City
OC -45 (a). would receive under SB -300 was not known therefore, that
money was not used in the revenue projections. The City
has now received $138,360.
Since this money has specific guidelines for its use and
the Asphalt Overlay Projects meet these guidelines, the
City will be using the entire amount on this project and
reallocating most of the money which was budget,�d under the
Asphalt Overlays to other projects. Staff further
requested that several other changes in funding be made,
including adding the additional traffic signal approved by
the City Council for 1986.
A recap of the proposed changes is outlined below:
CHANGES IN 1986 STREET CIP
Present Proposed
TDA Gas Tax SB 300 TDA Gas Tax SB 300
Century Blvd. $ 99,533 - - $99,533 $ 25,000 -
Asphalt Overlays $100,000 - $ 41,000 $138,000
(see below)
1986 Traffic
Signals $ 80,000 - - $80,000 $ 80,000 -
Church -& Lodi
Signal Coordination $100,000 - - $54,000 - -
Y
locust St.RR Xing - $ 46,000 - $ 46,000 -
$279,533 $146,000 0 $233,533 $192,000 $138,000
Total $425,533 $663,533
1986 PROPOSED OVERLAYS
Project New Cost Estimate*
Victor Rd. - Cherokee to 99 $ 37,000
Pine St. - 99 to Kelly 27,000
Pine St. - Cherokee to 99 48,000
Lodi Ave. - Cherokee to 99 50,000
Kettleman Lane - 99 to Beckman 17,000
$179,000
*This new cost estimate is based on tl:e recently campleted
deflection testing of the streets considered for overlays.
Council adopted Resolution No. 86-47 approving the
allocation of SB -300 funds Bch has been received and
reallocated "other street funds" depicted on the schedule
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