My WebLink
|
Help
|
About
|
Sign Out
RES 94083
City of Pleasanton
>
CITY CLERK
>
RESOLUTIONS
>
1990-1999
>
1994
>
RES 94083
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
4/13/2012 4:27:10 PM
Creation date
6/15/2000 10:28:42 PM
Metadata
Fields
Template:
CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
7/19/1994
DOCUMENT NO
RES 94083
NOTES
CIP
NOTES 3
BUDGET
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
36
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
As a result, there is not adequate revenue to support this increase without adjusting <br />available revenue or modifying a project(s) recommended for funding. However, <br />while these options are available, staff is of the opinion that the $28,500 is <br />adequate to meet existing park play equipment needs. <br />As stated at the CIP workshop, depending on the progress of the proposed Case <br />Avenue project, approximately $730,000 may be transferred from the City's <br />Lower Income Housing Fund to the Capital Improvement Program to cover the <br />cost of development fees that have been waived to support the project. Of this <br />total amount, approximately $383,000 will be available to the Miscellaneous <br />Projects category which could be used to support additional play equipment. As <br />a result, staff recommends tracking the progress of the Case Avenue project and <br />informing the Council of the availability of the revenue after it has been received <br />as part of the City's quarterly financial report. At that time, the Council will have <br />an opportunity to amend the program for the purpose of allocating revenue to this <br />project if it is needed to meet additional replacement needs. <br />5. The Fairlands Park Rehabilitation project should take place in fiscal year <br />1994/95 rather than 1995/96 as proposed in the CIP. Because this project is <br />included in the Miscellaneous Projects category, funding availability is similar to <br />the play equipment project detailed above. As a result, should revenue become <br />available through the payment of fees for the Case Avenue project, staff will <br />inform the City Council of this fact as part of its quarterly financial reports and <br />the Council will have an opportunity to fund the project at that time. <br />6. A more thorough review of the East Amador Trunk Sewer Rehabilitation <br />project is necessary prior to the approval of funding. As staff indicated at the <br />CIP workshop, staff will provide the Council with a separate staff report on this <br />item prior to proceeding with the issuance of a request for proposal to begin <br />contract work on the project. However, because of the significant need for this <br />project, staff recommends that it be retained as a funded project as presented so <br />that work can begin on project planning and design. <br />FISCAL IMPACT <br />Fiscal year 1994/95 of the program anticipates $25,570,455 in revenue to support project <br />expenditures of $21,031,563. Included in these totals is $7.2 million of revenue from an <br />unidentified source to purchase a 33 acre site that will be used to house the park. With <br />the exception of this revenue, all other revenue sources in the first year of a program are <br />SR94: 242 4 <br />
The URL can be used to link to this page
Your browser does not support the video tag.