TO:
Honorable Mayor and Members of the City Council
THROUGH:
Bruce Moe, City Manager
FROM:
Carrie Tai, AICP, Acting Public Works Director
Prem Kumar, City Engineer
Gilbert Gamboa, Senior Civil Engineer
SUBJECT:Title
Consideration of a Resolution Approving the Preferred Design Alternative for the Pier Railing Replacement Project (Project); the Funding Plan for the Project Including an Additional Appropriation of $250,000; and Directing Staff to proceed with Final Design and Construction Bidding (Acting Public Works Director Tai).
ADOPT RESOLUTION NO. 21-0020
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Recommended Action
RECOMMENDATION:
Staff recommends that City Council Adopt Resolution No. 21-0020 approving the preferred design alternative for the Pier Railing Replacement Project (Project); approving the Funding Plan for the Project which includes an additional appropriation of $250,000; and directing staff to proceed with final design and advertise the Project for construction bidding.
FISCAL IMPLICATIONS:
On March 19, 2019, the City Council appropriated $200,000 for the design and permitting effort for the Project. On June 25, 2020, the City Council adopted the Fiscal Year (FY) 2020-2021 through FY 2024-2025 Five Year Capital Improvement Plan (CIP). In this plan, an additional $1,400,000 was allocated in FY 2021-2022 for the construction of the project in the State Pier and Parking Lot Fund (Pier Fund). Since the Pier Fund had an insufficient fund balance to accommodate the $1.4 million project, a temporary loan of $300,000 from the Parking Fund was also included to expedite the project.
Now that the preliminary design effort has been completed and the construction phase of the project is anticipated to actually cost $1,650,000, an additional appropriation and loan transfer of $250,000 will need to be programmed in the upcoming FY 2021-2022 CIP Budget. If approved, a total of $550,000 in Parking Funds will be loaned to the Pier Fun...
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