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HomeMy WebLinkAboutAGENDA REPORT 1994 0518 CC REG ITEM 11FITEM /14, r• � CITY OF MOORPARK AGENDA REPORT TO: The Honorable City Council FROM: Christine Adams, Director of Community Services DATE: April 12, 1994 (Meeting of May 18, 1994) SUBJECT: Consider Five Year Capital Improvement Project Schedule for Park. Attached for your review is a summary of the current estimated balance in the Park I:-,provement Fund (Fund 5), divided by zones. Staff has prepared this draft Df a five year Capital Improvement Program which was i= =viewed by the Parks and Recreation Commission on April 4. The Commission concurred with staff's recommendation; som(-- minor changes related to funding years and priority it6-1s are reflected in the attached spreadsheet. Staff recognizes that the Park Improvement Fund is a finite source; that is; the funds that ai< listed are all the funds that the City anticipates in the n(�ar future for these zones, based on current housing and &,- mm�rcial development. Staff has attempted to be conservat1�. in he recommendations presented. The Park Improvement Fund is the established to allocate money tc improvement projects- The primary the fees collected in -lieu of !an on residential subdivisions and multi - family residential, commecci Interest earnings are also all.)ca 94, $101,750 was collected in Partnership. There are no ant : , is 95. account that the City has be used for park capital source for these funds are dedication ;Quimby Fees) ;im.ilaY fees collected on and industrial projects. ed to the fund. In 1993 - ; uimb� fees from G & S ite -i Q iimby fees for 1994- There is no anticipated funding i; the Mountain Meadows Zone (Zone 5).. Funds were expende -1 : j excess of the available park development money in this zo-.e and loans approved from the Community Zone and Zone 3 (Carpus Park Zone) . Currently available funds in the Communit Zone are earmarked for Arroyo Vista Community Park, Phase 7. Depending on the final construction work, no more that: , 19,00( is estimated to be ou'd moc;;;, available. These moneys were cer.!ed fr.)m the Gann fund and y t99� appropriated by the City Co,n( for the Arroyo Vista Community Park. Ir, these zc -1e IS Ne] 1 as zones wit CTION: CY yy limited funding, identified Xroject:s are listed as "Future /Unfunded" , which means t..l:ar at t-_his time the City does not have an identified fund:nq source and /or does not deem the project a high priority. The aforementioned $119,000 in GANN funds are proposed to be used to complete the ballfield improvements of Phase I of the Arroyo Vista Community Park and other improvements. $24,000 of these funds, through a previous Council action, are being used to fund the furnishings and )ffice equipment costs of the Arroyo Vista Recreation Center Any cost savings in the building construction, or the Cite Council allocated $24,000 from the $119,000 Gann appropriation will be available for improvements. Staff does not -ant.cipate that the costs for the furnishings and equipment w::l exceed $21,000 of the 524,000. The Gann funds, sa,-ings from the building construction and the 40% portion of the funds from G & S Partnership are the only avail. ahl - `-.end: for community park improvements. Other improvements in future phase_ of the Arroyo Vista Community Park are not.. includes. i, th _s report, as they will be determined in 1994 -95. The proposed rollerhockey court it Arroyo Vista Community Park may have outside fundin:: to reduce the city's construction costs. This is sr.i l being negotiated. The Park and Recreation Commissi n recommends that the rollerhockey court. be considered as a 1994 -95 priority and that, if necessary, funding ne appropriated fr)m Zone (Campus Park Zone) for this pui Post --. In 1986, the City Council adopted a policy in whi, }i h0 % of the Quimby Fees would be used for neighborhood p,::k facilities and 40% for community facilities- The criteri . for use of these funds is that the improvement benefit -hc- resid ,-nts of the project which contributed the funds. .s she rollerhockey court would be accessible to the whole irnmtini ,,y and would fulfill a need for the community at large, --n(: funds from Campus Park or any other zone, could be use:, c r `his purpose. The proposed rollerhockey court. wiii 'E` -hE equivelant size of three basketball courts, and the c- 3• rdc-r':r '; fied will include all concrete work, side boards -cnd 01 Il rs Even with no new Quimby fees ire t .:e 1 ampus Park Zone, there_ would still be a reserve of $101,G 1X0 after the transfer of $75,000 for the construction :` � rc- ..erhockey court at Arroyo Vista Community Park and ii u lima the funds chat are owed to this zone fron Zone 5 ( >39 This plan will be reviewed annual.,, and include new projects as they arise. Additional fundi, t sources and current and projected park development fee: wi._1 also be considered annually and included as an upda — �fi- Five year Park CIP report. Consider Five Year Capital Improvement Project Schedule for City Parks and Adopt after Approva. of the 1994 -95 budget. Attachments: Five Year Park CIP Graph Recap of 1993 -94 Capital Improvemei Proi�cts