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The CIP includes a recommendation to fund six new projects as follows: <br />Project Estimated Costs Description <br />Canyon Way Widening $260,000 Widening of Canyon Way from Foothill <br />Fiscal Year 1996-97 Blvd. to Stoneridge Mall Road <br />1-580/680Flyover $1,164,000 City's estimated local match for the <br />Fiscal Year 1997-00 1-580/680 Flyover project (may be <br /> reimbursed from Tri-Valley Transportation <br /> Council fee revenue) <br />Mohr Ave. Soundwall $69,000 Construction of sound wall on south side of <br />Fiscal Year 1996-97 Mohr Ave. from Kolln St. to the County <br /> transportation corridor. <br />Municipal Golf Course Development $600,000 i This project represents a portion of the <br />Fiscal Year 1996-97 'project planning costs. <br />Addition toCityCouncilChambers- $63,000 Addition to Council Chambers to house! <br />Video Room existing video equipment and to upgrade <br />Fiscal Year 1996-97 existing audio/video equipment. <br />Parking Lot at Railroad Ave. $49,900 This previously approved FY 1995/96 <br />IBetween Abbie & Bernal) Council project has been added to this year <br />Fiscal Year 1996-97 to reflect funding availability and <br /> scheduling. <br /> <br />In addition. a number of major unfunded projects have also been added as follows: <br /> Project Estimated Costs Description <br /> Development of a Municipal Golf $17,000,000 with The planning and pre-development review <br /> Course an undetermined process is scheduled to begin in July of this <br /> amount for off-site year <br /> ~mprovements ( 1 ) <br /> Purchase of 13 Acres from San $1,625,000 (2) Expansion of proposed 20 acre community <br /> Francisco for Community Park i park <br /> Purchase 3 acre San Francisco Site $ 750,000 (2) This site would potentially be used for a <br /> for Civic Center Complex Civic Center complex <br /> Assist East Bay Regional Park iS 250,000 This project has been recommended by the <br /> District with Purchase of Ridgelands Park &Recreation Commission. Staff is <br /> Property currently reviewing project details. <br /> Purchase up to 5 acres for Expansion $ 1,000,000 (2) Expansion would meet long term needs <br /> of Operations Service Center <br /> Total $20,625,500 <br /> <br /> 1) Based on staffs preliminary financing plan, the majority of this revenue will result from debt financing <br /> which will be repaid from golf course generated revenue. <br /> 2) The above costs are preliminary estimates used only for general purposes to show the general magnitude of <br /> these projects. They do not reflect actual land values or proposed sales/purchase prices. <br /> <br /> SR 96:197 <br /> 4 <br /> <br /> <br />