RES 81218B - Laserfiche WebLink

SR 81:224 Page 3 West Wind Building - Representatives of the Chamber of Commerce attended the Budget Review Session on the Capital Improvement Program. They discussed with the Council the possibility of assigning the West Wind Building to the Chamber of Commerce. Staff at that time discussed the need for this square footage to remain as a City Building to be used by local groups for meetings and by the Recreation Department for recreation classes. The building in its present state, however, is not in usable con- dition. Therefore, it would cost the City approximately $18,000 to bring the building up to standards. Council decided to con- tinue this discussion, also, in August with the Park and Recreation Commission. Street Projects - The budget document shows the purchase of Peters Avenue Right-of-way in 1981-82, however, Council authorized the land acquisition in 1980-81. The majority of the right-of-way, in fact, has been purchased and the $642,000 should therefore be included in 1980-81 expenditures and removed from the 1981-82 proposed budget. Also, the status of several private development projects in the Pico Avenue Extension area are contingent upon the completion of Pico Avenue from Vineyard Avenue north to the intersection of Pico Avenue and Del Valle Parkway. This street project with a revised cost estimate of approximately $600,000, was originally proposed by staff to be a 1982-83 project due to the availability of Gas Tax funds at that time. However, with the General Fund balance projected to be, as of June 30, 1982, in excess of $1,700,000, staff suggests that a loan of $600,000 be made to the Gas Tax Fund to finance the construction of the Pico Avenue Extension Project in 1981-82. This would also allow for a more timely completion of the General Plan Traffic Circulation System, provide an additional access road to the Vintage Hills area, and relieve the volume of traffic on Vineyard Avenue. Operating Budget City Council - Council elected to reduce their travel budget to $500 per Council member per year for a total of $2,500. This reduces their proposed budget by $500. City Attorney - Council members discussed reducing the City Attorney's budget by the part-time Assistant City Attorney position for a total reduction of $17,063.