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HomeMy WebLinkAboutAGENDA REPORT 2022 0420 CCSA JNT DC ITEM 09A POWERPOINTCity of Moorpark Capital Improvement Plan Project Status Report Moorpark City Council April 20, 2022 Project Status Report Purpose Biannual report presented to City Council (October and April). Provides a snapshot of the progression of projects included in the City’s Capital Improvement Plan. Opportunity to provide updates on projects and identify any challenges or obstacles that have been encountered and/or overcome. Keeps projects in the forefront. Project Status Report Active Projects (contains projects that are active in one form or another). Five Year CIP (contains remaining projects included in the City’s Five-Year CIP). Project Status Report –Updates Since November 2021 Added Project C0070 (City Hall at 323 Science Drive) Moved 3 Projects to “Active”: -Project M0024 (AVRC HVAC Replacement) -Project C0068 (High Street Arts Center Roof Replacement) -Project C0065 (City Entry Monument Signage) Removed 2 Projects: -Project C0050 (Streetlight LED Conversion) -Project C0026 (Los Angeles Avenue Medians) Active Projects 16 Active Projects (out of 47). 1 completed project (Downtown Sidewalk Rehabilitation). 5 active construction: -AVRC HVAC Replacement -City Entry Monument Signage -High Street Arts Center Roofing Replacement (pending contract execution) -Metrolink North Parking Lot Expansion -Princeton Avenue Improvement Remaining 10 projects are in some phase of design, or preparing to go out to bid for design/construction, etc. Princeton Avenue Improvement (C0020) Construction contract awarded to Security Paving on February 16, 2022. Utility relocation is currently in progress. Construction expected to begin June 2022, with completion estimated for December 2023. Metrolink North Parking Lot Expansion (C0032) Construction contract awarded to F.S. Contractros, Inc. on October 21, 2021. Construction began March 7, 2022. Completion expected in July 2022. Fiscal Year 2021/22 Expenditure Info: Active Projects $7,967,990.45; 21% $5,518,888.60; 15%$23,986,410.7 6; 64% FY 2021/22 Capital Improvement Program Active Projects: Budget & Expenditures FY 2021/22 Expenditures Year-to-Date FY 2021/22 Encumbrances FY 2021/22 Unencumbered Balance $7,967,990.45; 59% $5,518,888.60; 41% FY 2021/22 Capital Improvement Program Active Projects: Year-to-Date Expenditures FY 2021/22 Expenditures Year-to-Date FY 2021/22 Encumbrances Fiscal Year 2021/22 Expenditure Info: Active Project Funding Sources $37.5 Million 2.87% (or $1.07 million) is General Fund (nearly 42% will be reimbursed from outside source). Nearly $8 million in Year-to-Date Expenditures. (1000) General Fund; $1,074,862.80; 3% (2002) City-wide Traffic Mitigation; $2,350,000.09; 6% (2014) LA AOC; $9,199,316.56; 25% (2409) Federal/State Grant; $1,744,220.00; 5% (2800) ARPA; $5,688,798.00; 15% (3001) City Hall Improvement; $9,127,283.57; 24% (3005) Remaining Bond Proceeds; $1,773,324.00; 5% (1000) General Fund (2001) Traffic System Management (2002) City-wide Traffic Mitigation (2007) Art In Public Places (2010) Community Wide Park Development (2014) LA AOC (2018) Endowment (2401) ISTEA (Federal) (2409) Federal/State Grant (2412) TDA 8a (2413) State Transit Assistance (2414) TDA 8c (2416) Road Maint & Rehab (2417) State of Good Repair (2434) Prop 1B (2800) ARPA (3001) City Hall Improvement (3003) Equipment Replacement (3005) Remaining Bond Proceeds Fiscal Year 2021/22 CIP Active Projects: Year-to- Date Expenditures $Nearly $8 million in expenditures $6.6 million (or 83%) is from the City Hall Improvement Fund for purchase of 323 Science Drive (C0070). Nearly $1 million (or 12%) is from Los Angeles AOC Fund, with $802k spent on 240 Los Angeles Avenue (SR-118) for Los Angeles Avenue Widening (C0021). (2001) Traffic System Management 1%(2014) LA AOC 12% (3001) City Hall Improvement; 83% (3005) Remaining Bond Proceeds 3% (1000) General Fund (2001) Traffic System Management (2010) Community Wide Park Development (2014) LA AOC (2412) TDA 8a (2434) Prop 1B (3001) City Hall Improvement Highlights for the Next Six Months Completion of the Metrolink North Parking Lot Project. Construction of Princeton Avenue Improvement. Finalize design of tenant improvements for 323 Science Drive. Complete the AVRC HVAC Replacement; High Street Arts Center Roof Replacement; and City Entry Monument Signage projects. Questions?