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HomeMy WebLinkAboutAgenda Report - August 16, 2000 E-03AGENDA TITLE: Approve plans and specifications, authorize advertisement for bids for installation of streetlights on Avena and Orange Avenues and Cardinal, Park and York Streets ($77,400) and authorize transfer of funds for the Streetlight Completion Project MEETING DATE: August 16, 2000 PREPARED BY: Electric Utility Director RECOMMENDED ACTION: That the City Council authorize the transfer of $200,000 from the Electric System Revenue Certificates of Participation to fund phase one of the Streetlight Completion Project along with approve the plans and specifications for installation of streetlights on Avena and Orange Avenues and Cardinal, Park and York Streets and authorize advertisement for bids. BACKGROUND INFORMATION: One of the City's goals is to provide streetlighting in unlit portions of the City. This project, known as the Streetlight Completion Project, is estimated to install 1000 —1200 lights over a period of 3 — 5 years at a cost of $ 3.5 — 4 million. This recommendation will provide funding for the lights planned for installation during the first half of the 2000-2001 fiscal year period. As the project progresses the City Council will be requested to authorize additional transfers of funds from the Certificates of Participation. It is also recommended that City Council approve plans and specifications and authorize advertisement for bids for installation of streetlights (25 total) on Avena and Orange Avenues and Cardinal, Park and York Streets, part one of this phase of the project. This area was selected due to its proximity to a neighborhood school. The estimated cost of this part of the Streetlight Completion Project is $77,400. Bid opening has been scheduled for September 13, 2000. FUNDING: Electric System Revenue Certificates of Participation Funding Approval: PREPARED BY: Vicky McAthie, Finance Director Alan N. Vallow Electric Utility Director Hans Hansen, Manager, Engineering and Operations ANV/HH/lst C: City Attorney Public Works Director Manager, Business Planning and Marketing Purchasing Officer Manager, Rates and Resources APPROVED: H. Dixon Flynn -'City Manager