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HomeMy WebLinkAbout0013_1_Capital Improvement Program 2017 2021 SRREPORT TO CITY COUNCIL To:Honorable Mayor and Members of the City Council From:Grant Yates, City Manager Prepared By: Jason Simpson, Director of Administrative Services Date:June 28, 2016 Subject:Capital Improvement Plan for FY2016-17 through FY 2020-21 Recommendation Adopt City Council RESOLUTION NO. 2016-____ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, ADOPTING THE CAPITAL IMPROVEMENT PLAN FOR FISCAL YEARS 2016-17 THROUGH 2020-21. Background By direction of the City Council, City staff updates and maintains a Five Year Capital Improvement Plan (CIP) in conjunction with the annual budget cycle. Included in the CIP are construction projects, facility improvements, and purchases. Utilizing input from Council, staff and the public, throughout the year; various projects were developed and proposed in this Cycle of the CIP. In compliance with Government Code 65401, the Planning Commission on June 7, 2016 reviewed the City’s program and found it in conformance with the City‘s General Plan. CIP Projects have been classified into two types of projects, Construction and Non-Construction CIP, and four categories: Circulation, Facilities, Infrastructure, and Parks. The Construction CIP are projects concerning major infrastructure or specific improvement projects. The Non- Construction CIP are major purchases by the City or recurring street improvements, studies, plans, or equipment (i.e., annual slurry seal, traffic lights, IT/Computer implementations, etc.). Discussion This CIP budget document was developed by incorporating input from the City Council and key management team members, based on community comments and feedback received throughout the year. This team then, through several internal workshops, identified and evaluated community needs in the areas of roads/streets, bridges, public buildings, parks and recreation facilities projects. Each proposed project was reviewed and discussed to ensure funding, timing, and necessity were appropriately addressed. An Operating Budget and CIP Budget workshop was held on May 26, 2015. This workshop provided the City Council with an overview of the major projects, and to receive public comments concerning the five-year program. All projects were evaluated by to ensure consistency with the City of Lake Elsinore General Plan, while considering Capital Improvement Plan for FY 2016-17 through FY2020-21 June 28, 2016 Page 2 the City’s long-term vision as developed by the City Council. The Planning Commission also considered the proposed CIP projects and adopted the attached Resolution finding consistency with the City’s General Plan. Projects in this document have been scheduled in each of the five fiscal years based on community needs, as determined by the City Council and availability of funding. Additionally, since many projects in the CIP are conceptual in nature, the general outline for cost estimates provided in last year’s CIP document was revised and utilized as shown on the Parameters for CIP Budget Cost page. The fiscal years 2017-21 CIP identifies a total of 58 projects consisting of 25 Circulation Projects totaling $272,155,813; 13 Facilities Projects totaling $25,007,262, 6 Infrastructure Projects totaling $2,353,414; 10 Park Projects totaling $24,524,847; and 2 Redevelopment Projects totaling $6,900,000. The total cost to complete all of the proposed projects is $331,941,336, of which $53,644,524 is programmed for FY2016-17. These projects have been identified as necessary infrastructure for the City, and will require that funding sources be identified before the projects can commence. Inclusion of those with funding still needed in the document assists staff with seeking grants and negotiating improvements with potential 3rd parties. Other key elements to the Capital Improvement Plan are: -Downtown Parking ($1,000,000) -Dream Extreme 2040 Plan ($100,000) -Camino Del Norte Street Improvements ($3,000,000) -Rosetta Canyon Park Improvements ($7,438,480) -Serenity Park Improvements (BMX, Dog Park, Parking) ($1,011,365) -Central Avenue Drainage Improvements ($3,138,879) -Several Interchange Projects, Traffic Signals, and other improvements are listed in more detail within the attached CIP document. Fiscal Impact The Capital Improvement Plan for Fiscal Year 2016-17 through 2020-21 includes improvements throughout the City. Total capital improvement plan cost is $53,644,524 for FY2016-17 and total cost to complete the proposed projects is $331,941,336. Funding sources include, but are not limited to, development fees from TIF and Area Drainage; grants including CDBG, Measure-A and Gas Tax; and assessment districts for specific project areas. Exhibits A: City Council Resolution No. 2016-__ A: Planning Commission Resolution (Conformed Copy) B: FY2017-2021 Capital Improvement Plan Summary C: FY2017-2021 Capital Improvement Plan Budget