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HomeMy WebLinkAboutAGENDA REPORT 2008 0416 CC REG ITEM 10K7EM 10 • K . City Council Mz > ; MOORPARK CITY COUNCIL'S -T Al- aao �� " AGENDA REPORT TO: Honorable City Council FROM: Yugal K. Lail, City Engineer /Public Works Director DATE: April 11, 2008 (CC Meeting of 04/16/08) SUBJECT: Consider Submittal of Application for Proposition 1B State Funds BACKGROUND Proposition 1 B provides almost $20 billion in bond funds for the development and construction of a variety of transportation projects. Of that amount, $2 billion has been made available to cities and counties to fund the maintenance and improvement of local transportation facilities, with $550 million of that amount appropriated for FY 2007 -2008 for use by cities. In order to receive these funds cities must first submit a plan to the State Department of Finance describing the project(s) to be funded by this source. The above mentioned $550 million has been allocated to all of the cities in California based on population. The amount allocated to the City of Moorpark is $581,448. DISCUSSION The approved FY 2006/07 — FY 2012/13 Capital Improvement Program for Streets and Roads identifies Project 101: Slurry Seal to be constructed in FY 2008/09. Funding from Proposition 1 B in the amount of $581,448 will be used for this project. It is anticipated that grant funding ($150,000) from California Integrated Waste Management Board (CIWMB) for the use of recycle tire will be used to complement the Proposition 1 B funding. Additionally, funding may be available from TDA and will be used for this project. If the recommended action is taken by the City Council, staff will revise and develop this project and include it in the proposed budget for FY 2008/09. The revised scope of the project will be for the construction of a Slurry Seal / ARAM (asphalt - rubber aggregate membrane) Project on certain streets to be determined during the final development of the plans and specifications. 001021 S: \Public Works \Everyone \Staff Reports\2008Wpril\2008 Slurry-ARAM Prop 1B.doc Honorable City Council April 16, 2008 Page 2 The first step in the process required to obtain Prop. 1 B funding is the submittal of a plan to the State Department of Finance describing the project(s) that would receive these funds. It is required that the City Council approve the preparation and submittal of said plan. FISCAL IMPACT The estimated cost for this project is set forth as follows: Element Estimated Cost ($) Design 10,000 Construction 700,000 Inspection 21,448 Total 731,448 It is the intent of staff to seek Prop. 1 B funding for a portion of the construction costs for this project. A breakdown of Prop. 1 B and local project funding is as follows: Element Prop. 1 B CIWBB (if available) STAFF RECOMMENDATION Estimated Cost ($) 581,448 150,000 Total 731,448 Authorize staff to submit an application for Proposition 1 B funding for the 2008 Slurry-ARAM Project. = jOO103 S: \Public Works \Everyone \Staff Reports\2008\April\2008 Slurry-ARAM Prop 1 B.doc