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Water facilities, including a new Zone 7 turnout, a new pumping station adjacent to Fire Station <br />No. 5, and a new water reservoir on the hillside above the Resnick property are currently being <br />designed. Construction of these facilities is anticipated to begin late this year. <br /> <br />With regard to roadway landscaping and pedestrian/equestrian trail development, the City will <br />negotiate construction of those facilities by the developers of the next residential construction in <br />the Specific Plan area (likely to be Greenbriar or Centex). <br /> <br />FISCAL IMPACT <br /> <br />Financing for infrastructure improvements, to date, has been provided through an agreement <br />between the City and the School District, as well as from Specific Plan fees collected from <br />residential development within the Vineyard Avenue Corridor. Reimbursement for funding <br />agencies and funding developers will occur on a pro-rata basis as established by the Vineyard <br />Corridor Specific Plan, with pro-rata shares paid as development occurs. Actual costs for <br />Vineyard Corridor improvements are being tracked to adjust the Specific Plan fees for new <br />development to reflect actual costs or, in some cases, to reflect refined cost estimates as the <br />design (for example, of water facilities, including pump station and a reservoir) moves forward. <br /> <br />Respectfully Submitted, <br /> <br />Scott R. Baker Susan Rossi Nelson Fialho <br />Acting Director of Public Works Director of Finance City Manager <br /> <br /> SR:05:120 <br /> Page 7 of 7 <br /> <br /> <br />