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HomeMy WebLinkAboutAGENDA REPORT 2010 0602 CC REG ITEM 10N ITEM 1_ %r mOOR?ARK.i.A; "ity Council 10seotin4 ACTION: — MOORPARK CITY COUNCIL AGENDA REPORT — TO: Honorable City Council FROM: Yugal K. Lall, City Engineer/Public Works Director Prepared by: Shaun Kroes, Senior Management Analyst DATE: May 20, 2010 (CC Meeting of 06/02/10) SUBJECT: Consider Resolution Amending the Fiscal Year 2009110 Budget for Traffic System Management Fund (2001) for Metrolink South Parking Lot South Entry Capital Improvement Project 8056 BACKGROUND/DISCUSSION The City Council is being asked to consider the Budget Amendment (Attachment 1), allocating $408,917 from Traffic System Management(TSM) Fund (2001)for the Metrolink South Parking Lot South Entry Capital Improvement Project 8056 (Project 8056). Project 8056 currently has $332,667 from Moorpark Redevelopment Agency (MRA) Operating Fund (2902). This is a City not Agency project. Although MRA funds could be used for this project because of recent State action to take $1.9 million of MRA funds there is insufficient MRA funding to contribute to this City project. A separate staff report requesting the removal of MRA Operating Fund (2902) from Project 8056 has been submitted to the Agency. The City has leased the ground for the parking lot from the Ventura County Transportation Commission since 1994 when it was established as a Park and Ride facility. Project 8056's goal is to establish a new parking lot driveway with access from First Street and close the current driveway from Moorpark Avenue. Drivers would be able to enter and exit the parking lot faster than if they were to use Moorpark Avenue. Eliminating the turning movements on Moorpark Avenue at the current driveway will improve the flow of traffic. Vehicles using the new driveway off of First Street could use the traffic signals at First Street and on Moorpark Avenue and Second Street and Spring Road, further decreasing the amount of idle time that vehicles currently experience while attempting to exit the parking lot. The current entry to the parking lot would be blocked off but remain a potential entry in the event of an emergency or special event. 5 P.b,.c W0•ws,E.eryone•Reports,51aff Repons 70'0uune•06 07 2010(Wool—Second Entianoe)aoc 241 Honorable City Council June 2, 2010 Page 2 FISCAL IMPACT The proposed Budget Amendment would increase TSM Fund (2001) expenditures by $408,917 for Project 8056. The$408,917 includes the replacement of$332,667 from MRA Operating Fund (2902) and a $76,250 increase in proposed expenditures as described in Table 1 below: Table 1 — New Ex enditures for Project 8056 Expense Account Proposed Explanation Budget 2001.8310.8056.9122 $20,000 Potential legal costs for land acquisition and relocation procedures. Equals a 20% match required for Federal Transit Administration (FTA) grant funds 2001.8310.8056.9640 $56,250 expected in FY 2010/11. The $56,250 will be added to an existing $15,000 budget, for a total expenditure line of $71,250. _ Total: $76,250 STAFF RECOMMENDATION (Roll Call Vote) 1. Adopt Resolution No. 2010- Attachment 1 — Draft Resolution 242 Attachment 1 RESOLUTION NO. 2010- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2009/2010 BUDGET TO INCREASE TRAFFIC SYSTEM MANAGEMENT FUND (2001) EXPENDITURES BY $408,917 TO FUND THE METROLINK SOUTH PARKING LOT SOUTH ENTRY PROJECT 8056 WHEREAS, on July 1, 2009, the Moorpark City Council adopted the Operating and Capital improvements Budget for Fiscal Year 200919 0; and WHEREAS, the adopted budget included an aggregate appropriation of $464,907 for the Metrolink South Parking Lot South Entry Capital Improvement Project (Project 8056), of which $332,112 was funded by Moorpark Redevelopment Agency Operating Fund (2902) and $132,795 was funded by Intermodal Surface Transportation Efficiency Act — Congestion Mitigation and Air Quality (ISTEA-CMAQ) Federal Grant Fund (2604); and WHEREAS, during Fiscal Year 2009/10 various approved budget adjustments caused a net appropriation increase of$6D5 from $464,907 to $465,512; and WHEREAS, a staff report has been presented to the City Council explaining the change of Project 8056's funding sources from Moorpark Redevelopment Agency Operating Fund (2902) to Traffic System Management Fund (2001); and WHEREAS, said staff report recommends the removal of $332,667 MRA Operating Fund (2902) and the replacement of funding source with TSM Fund (2001); and WHEREAS, the same staff report proposed to )ncrease total project expenditure by $76,250 appropriated from TSM Fund (2001) for potential legal costs and required 20 percent match for Federal Transit Administration grant funds; and WHEREAS, the staff report requested a budget adjustment in the aggregate amount of$408,917 in Traffic System Management Fund (2001); and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendment and its resultant impact to the budget line items. S:\Publ,c Works\Everyone\Reports\StaN Reports12010Uune106-02.2010(Metrohnk Second Entrance Resolution)doc 243 Resolution No. 2010 - Page 2 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a budget amendment in the aggregate increase of $408,917 in Traffic System Management Fund (2001) expenditures for the Project as more particularly described in Exhibit "A", is hereby approved. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 2nd day of June, 2010. Janice S. Parvin, Mayor ATTEST: Maureen Benson, Assistant City Clerk 244 EXHIBIT A BUDGET AMENDMENT FOR TRAFFIC SYSTEM MANAGEMENT FUND FOR THE METROLINK SOUTH PARKING LOT SOUTH ENTRY FY 2009/10 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount TRAFFIC SYSTEM MANAGEMENT FUND 2001-5500 $ 408.917.00 Total $ 408,917.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2001.8310.8056.9601 $ $ 1,067.00 $ 1.067.00 2001.8310.8056.9610 $ - $ 300.000.00 $ 300.000.00 2001.8310.8056.9640 $ - $ 71.250.00 $ 71.250.00 2001.8310.8056.9650 $ $ 15,000.00 $ 15.000.00 2001.8310.8056.9122 $ $ 20,000.00 $ 20,000.00 2001.8310.8056.9101 $ $ 1.600.00 $ 1,600.00 Total $ $ 408.917.00 $ 408,917.00 Finance Approval: 245