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SUMMARY OF STAPLES RANCH PROJECTS (Cont'd) <br /> Installation of Three Traffic This project was identified in the $800,000 42 <br /> Signals on Stoneridge Drive project EIR and includes installation of FY 2011-12 <br /> traffic signals at Newton Way, Guzman <br /> Parkway and Trevor Parkway. <br /> Stoneridge Drive Noise Portions of this project was identified $900,000 42 <br /> Attenuating Pavement in the project EIR and includes the FY 2012-13 <br /> application of noise attenuating <br /> pavement from Trevor Parkway to <br /> Santa Rita Road. <br /> Parks <br /> • Includes full funding for the Dolores Bengtson Aquatic Center Improvements as follows: <br /> SUMMARY OF AQUATIC CENTER FUNDING <br /> Funding Source Current Fund Funding Amount Balance Left in Fund <br /> Balance _ After Transfer <br /> Existing Project Reserve $841,797 $841,797 _ $0 <br /> Recommended Funding $503,330 $503,339 $0 <br /> in FY 2011-12 CIP <br /> Transfer From Bernal $4,235,133 $1,000,000 $3,235,133 <br /> Community Park Reserve <br /> Transfer From Civic $2,527,8.59 $600,000 $1,927,859 <br /> Center Site <br /> Improvements <br /> Transfer from Capital $2,159,438 $714,864 $1,444,574 <br /> Improvement Program <br /> Reserve <br /> Total $10,267,557 $3,660,000 $6,607,566 <br /> As detailed above, due to the critical nature of addressing improvements needed to the Aquatic <br /> Center, staff is recommending transfers from existing reserves to meet project costs. The three <br /> funds being used for transfers are currently not in use and associated projects are not anticipated <br /> for some time. As a result, the transfer will not impact any current project activity related to the <br /> three reserve projects. Project details are included on page 48. <br /> • Included is $300,000 for general trails improvement as identified by the Parks and Recreation <br /> Commission, Trails Ad Hoc Committee, and staff. This funding is in addition to an existing trails <br /> reserve of approximately $1.1 million of which is earmarked as the City's share for the Alamo <br /> Canal and Iron Horse Trails being coordinated by East Bay Regional Park District(EBRPD). <br /> • In Lieu Park Dedication fees are limited to projects related to acquiring parkland. A total of <br /> $2,572,347 is included in the four years of the CIP to fund a reserve to acquire land for a new <br /> community park(s). This amount is in addition to an existing reserve of approximately $4.2 <br /> million for park acquisition of which $3.1 million will be used for the City's share of the <br /> 17 <br />