RES 01078 - Laserfiche WebLink

DISPOSITION OF CITY COUNCIL "HIGHEST" PRIORITY PROJECTS THAT ARE ELIGIBLE FOR CIP FUNDING I~ROJECT NAME STATUS IN THE CIP Altamont Commuter Express Rail The Miscellaneous CIP estimates a reserve of $5.84 million dollars through the term Project- Perm~*aent Station and of the CIP for Bernal Property improvements. Specific property improvements will be Ongoing Operational Funding determined based on City Council action related to recommendations made by the Bemal Property Task Force. Additional Community Sports The Parks CIP includes a scheduled $1,$75,450 to offset site acquisition. Park Identify Site Alviso Adobe Community Park The CIP anticipates full fuming by the end of FY 2002-2003. Devel~ment of a Community The Parks CIP anticipates a funding reserve of $2,281,742 by the end of the CtP. Of Park on the B~nal Property this amount, $1,781,742 is funded in the first year of the CIP. Park location, design and amenities are currently being reviewed by the Beroal Property Community Park Task Force. Purch~e Three Acre Parcel From This project was funded previously and the procurement process has begun. San Fmnciaco BMX park D~elopment This project is funded fully in FY 2001-2002 ($75,000). City I~ll-Short Term Space The renovation of 200 Old Bernal is fully funded. City staff has begun the process of Needs reusing 157 Main Street. It is estimated that 157 Main Street will be occupied with a new use in November. Completion of this project will complete the City Hall short term space needs project. City Hall-Long Term Space City staff anticipates selection of an architect to prepare a civic center master plan in Needs June of this year. A recommended master plan is scheduled to be reviewed by the Council in January 2002. Projects Arising Out of the The Miscellaneous CIP includes establishment of a reserve for projects arising out of Downtown Specific Plan the Downtown Specific Plan. It is estimated that $630,000 will be available in this reserve by FY 2005-2006. Further Develop Procedures to The Street ClP includes $367,000 in FY 2001-2002 to upgrade traffic signal services Prepare for Rolling Blackouts for full operation during power outages. Bernat Bride Abutment Removal Funded in FY 2000-01. Golf Course Development The CIP includes $3 million dollars in FY 2001-2002 to provide partial funding for the development of the golf course including the purchase of additional open space. Including reserves, the CIP includes $6,783,852 for this project. All miscellaneous fund contributions to the project will be provided as a loan from the General Fund to be repaid from the golf course revenues. Val Vista Park Renovation and The Park C1P includes $3,200,000 in FY 2001-2002 to complete this project. Expansion Including project reserves, total available funding is $5,915,981. By incorporating the steps described above, the CIP is reflective of both community expectations, Council priorities, and staff identified needs. Nevertheless, as with previous CIP's, and as evidenced by the number of projects included in the Unfunded section of this program, not all projects can be funded. However, staff is confident that this program appropriately addresses the most important high priority community needs. viii