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HomeMy WebLinkAboutCC AG PKT 2003-06-09 #Q-3 -AGENDA REPORT • DATE: June 9, 2003 TO: Honorable Mayor and City Council THRU: John B. Bahorski, City Manager FROM: Douglas A. Dancs, P.E., Director of Works /City Engineer SUBJECT: 5 -YEAR CAPITAL IMPROVEMENT PROGRAM MID POINT UPDATE FY 2003/2004 SUMMARY OF REQUEST: The proposed action will amend and update the 5 -Year Capital Improvement Program (CIP) and authorize staff to implement the changes. BACKGROUND: As part of the 2 -year budget process, the FY 02/03 -year end budget is reviewed and updated. It is also appropriate to update changes to the 5 -year Capital Improvement Program Budget as well. The Public Works Department• has identified several projects that have changed or require modifications in the 5 -Year CIP and they are presented in the attached sheets. Attachment 1 contains of list of projects that will require General Fund carry-overs into the FY03 /04. Attachment 2 contains a list indicating newly Council authorized projects during the FY 02/03 and a list indicating the newly funded projects that have not been previously approved. As a part of the next budget cycle, the 5 -year CIP will be updated again and a new book will be prepared. New projects and all schedules are provided in the monthly CIP Status Update Reports. FISCAL IMPACT: The fiscal impacts are as noted above. There are no additional fiscal impacts to General Fund _ other than the previously obligated requests from the Reserve. RECOMMENDATION: It is recommended that the City Council amend and update the 5 -Year Capital Improvement Program (CIP) and authorize staff to implement the changes. Agenda Item Q3 Prepared By: Con • Mar K. Vukojevic, P.E. �A . ancs De o ty City Engineer Director of Public Works /City Engineer NOTED AND APPROVED: oBahorski ity Manager Attachments: CIP General Fund Carryovers New CIP Projects • Agenda Item Attachment 1 5 -YEAR CAPITAL IMPROVEMENT PROGRAM MID POINT UPDATE FY 2003/2004 General Fund Projects requiring fund carry -over into the FY03 /04: Project No. Project Name Estimated Amount 50092 Catch Basin Filters, Phase 2 $ 20,000 50103 Catch Basin Screens $ 19,338 50146 Pier Rehabilitation Project $ 450,000 50147 Sand Retention Groin Repair Project $ 267,000 50152 Battery Back -up Traffic Signal Project $ 31,850 Agenda Item a Attachment 2 5 -YEAR CAPITAL IMPROVEMENT PROGRAM MID POINT UPDATE FY 2003/2004 Council authorized projects during the FY 02/03 added to the Capital Improvement Program Council Approval Project No. Project Name Amount 2 -10 -03 50146 Pier Rehabilitation Project General Fund Reserve $ 500,000 2 -10 -03 50147 Sand Retention Groin Repair Project Dept. of Boating and Waterways $ 800,000 General Fund Reserve $ 267,000 2 -10 -03 50152 Battery Back -up Traffic Signal Project CA Energy Comm. $ 31,850 General Fund $ 31,850 Newly funded projects to be added to the FY 03/04 CIP Project No. Project Name Amount 49991 Seal Beach Blvd Regional Trail Project- PCH Segment Measure M —TDM $ 500,000 Measure M - GMA No. 6 $ 200,000 49758 PCH and Seal Beach Blvd Widening Measure M - GMA No. 6 $ 140,850 Seal Beach Blvd Signal Interconnection Project North of 405 Fwy Measure M - GMA No. 6 $ 85,000 Agenda Item