2C, Fiscally Constrained Street CIP

Home Browse Search

lt EN HILLS MEMORANDUM DATE: October 15, 2012 TO: Honorable Mayor and City Councilmembers Patrick Klaers, City Administrator FROM: Terry Maurer, Public Works Director -04� SUBJECT: Fiscally Constrained Street CIP Background Earlier this summer the City Council asked staff to present a fiscally constrained street CIP at an average spending level of$1,000,000 per year. It is staffs understanding that this amount was to include all expenditures for street projects whether funding was from the PIR fund, MSA funding or one of the enterprise funds and without regard to whether a portion of the funding was recovered through assessments. Also, this revised street CIP was to include all projects whether on local streets or on County/State highways. Based on these parameters, staff has identified the following list of projects for the foreseeable future. Included in this list is an estimated total City expenditure for the project and estimated funding sources. 1. 2013 PMP Improvement The feasibility study has been ordered for this project which includes all streets in the Glenhill Road/Edgewater Avenue neighborhood south of Lake Johanna. The total project cost will vary depending on whether or not the streets are reconstructed with concrete curb and gutter, but currently the CIP estimates the total project cost at $1,534,000. This amount is divided between the following funds: PIR $869,000, sanitary sewer utility fund $55,000, water utility fund $260,000, surface water management utility fund $350,000. 2. US 10/Hwy 96 Grade Separation Project The City will have cost in this project for items based on the Ramsey County cost participation policy. A more accurate estimate of City cost will be available as City Council Meeting PAAdmin\Council\Agendas&Packet Inform ation\2012\10-15-12 Wk Sess\Packet\10-15-12CIP Memo.doc Page 1 of 3