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HomeMy WebLinkAbout1991-08-13 - AGENDA REPORTS - PURCHASE TWO COMMUTER BUSES (2)NEW BUSINESS DATE: SUBJECT: August 13, 1991 PURCHASE OF DEPARTMENT: Public AGENDA REPORT City Manager Approv Item to be presented by: John E. Medina ADDITIONAL COMMUTER BUSES The City currently has nine commuter buses ordered through Neoplan U.S.A. Corporation. This equipment will be utilized when the City assumes the operation of commuter bus service with its own buses. The current service is operating at between 85% and 95% capacity. Industry standards recommend service expansion when 80% capacity is reached. When the buses were ordered the system was operating at 70-75%. Marketing of the current service has never been pursued to the residents of Santa Clarita. The delivery of our new commuter buses with its comfort and amenities provides an opportune time to now move forward with our marketing of this program. It is felt that the nine buses ordered will not be sufficient to meet the demand. Any diversion of riders from our buses to the commuter train in October 1992 will permit us to address other areas such as the Antelope Valley and various parts of the San Fernando Valley. The nine buses currently on order are being funded through a bond purchase. Numerous factors, including a better than expected bond rate, will provide sufficient funds for the purchase of two additional pieces of equipment within our ability to fund the debt service from our Proposition A and Transportation Demand Act Revenue. Neoplan U.S.A. Corporation has agreed to supply two additional buses at the same per unit price. Authorize the purchase of two additional commuter buses from Neoplan U.S.A. Corporation. ATTACHMENT City of Santa Clarita Transit System - Cash Flow Projections /gmm-2COMMBUS QU"�INO��D Agendaltem: U10 CITY OF SANTA CLARITA TRANSIT SYSTEM Cash Flow Projections 91-92 92-93 91.94 91.95 95.96 96.97 97-98 98-99 99-00 00.01 01.02 year 1 2 3 1 S 6 7 8 9 10 11 Pop. Grouch Rate 2.0041aflatiou Rate 5.001 .............................................................. .......................... .. ........... ................................................ Prop. A Reserves- 1,774,495 13,875 0 0 0 - 0 0 a 0 a 0 Prop. A-Aoaual Alice. 1,272,643 1,361,728 1,451,049 1,559,062 1,668,115 1,784,948 1,909,894 2,043,587 2,186,638 2,339,702 2,503,481 Subtotal Prop. 1 3,011,138 1,405,603 1,457,049 1,$59,042 1,668,175 1,784,948 1,909,894 2,043,587 2,186,638 2,339,702 2,503,481 Teethe Return Coosuter 109,556 191,347 206,413 216,134 221,$11 238,949 250,897 263,111 276,613 290,444 304,966 lareBoz Return Local 195,116 227,660 233,921 245,617 257,898 270,793 284,333 298,550 313,477 329,131 345,608 TartBor Return Dial A Ride 866 15,509 11,672 28,701 30,136 31,643 13,225 34,886 36,631 38,462 40,385 42,404 Teethe Retard Dial A Aide CPPV 5,283 9,339 9,608 10,088 10,593 11,122 11,678 12,262 12,875 13,519 14,195 County Contribution Counter 7,304 13,156 13,161 14,449 15,171 15,930 16,726 111563 18,441 19,363 20,331 County Cootrlbatico Local 195,866 224,520 214,821 216,562 25B,890 271,835 185,426 299,698 311,683 330,417 346,918 County Centel. Dial A Ride BAD 19,438 34,582 35,972 37,771 39,659 41,642 43,724 4S,910 48,206 - 50,616 51,141 County Coatrl. Dial A Ride GPPV 3,711 51853 6,021 6,322 6,638 6,910 1,311 7,684 8,069 8,472 8,896 Revenues fret Boo Shelter Ada $7,600 57,600 60,480 63,504 66,619 • 70,013 73,514 17,190 81,049 BS,I01 $9,357 LBSSi Lease Pageants (522,921) 1758,5901 (7S8,1911 (758,591) (758,591) I768,S9ol (158,590) (758,591) IiS8,S9l1 (758,5911 1160,1191 Retaining Prop. A after Lease 3,163,197 1,840,841 1,528,IS7 1,611,639 1,821,32( 1,986,837 2,159,807. 2,343,924 2,939,921 2,748,579 3,269,194 ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... ..... LESS: Otter Costa Counter buses 1182,591) (328,9111 1144,0221 (361,2231 (319,2841 (398,248) 1418, 16 11 (139,069) (461,0221 1484,011) ISOl, 2771 Local buses 11,500,889)0,720,761111, 1,148,172 199,19511.1,889,76{111,983,87313 1,485,727 1,692,838 i, 083,025112, 181,116112,296,515112,111,361112,531,929112,658,536) 2,421,521 2,701,916 3,011,187 3,f40,SSl Dial-A-Ride:ilderlg Baodicapped 3258,1811 1461,1921 (478,3501 (502,2671 1517,3811 1553,7501 (581,1111 (610,5091 1641,0151 (671,086) (706,741) Dial-A-Ride,Geaerdl (88,0511 11 SS, 6S51 (160,1301 (168,137) (176,5431 1185,3701 (194,639) (204,3711 1214,590) 1225,3191 (236,585) City Staff (389,3011 1408,766) (419,2041 (450,665) 1473,1981 (496,8581 (521,101) 1547,1861 (575,175) 1603,9315 1634,1301 LA Cooney 1700,0001 0 0 0 0 0 0 0 a 0 0 Total operating Costa 17, 119,32211J,011,985IIJ, !11,101117, 311,6561(3,5/0,219117,717,251113,90],511111,098,269111, 701,18]1 (I,S18,711111, 111, 1591 Surplusll0tficit) After Prop,A 41,815 11,631,141111,683,945114100,0211(1,11{,913111,730,111111,793,1011{3751,316111, 163,1621(1, 169, ifi 3111,I7S,0651 TDA (Article 81 uses: Transit(lusts) 0 1,631,164 1,682,915 1,100,022 1,715,913 1,730,414 1,743,307 I, 754, 346 1,163,262 1,169,763 1,475,065 Bigbvaya. 1,600,520 1,148,172 1,294,191 1,485,727 1,692,838 1,916,919 2,159,373 2,421,521 2,701,916 3,011,187 3,f40,SSl Total TOA Allocation. 21600,520 1,782,SS6 7,911,)35 3,IBS,749 3,408,751 3,647,364 3,902,619 6,175,861 1,168,178 4,180,950 S,IIS,616 Prop. C User: Transit(Buseal 0 0 0 0 0 D 0 0 0 0 0 Rail 11018,114 1,089,182 1,165,639 1,247,233 1,334,540 1;421,958 1,517,911 1,631,869 1,749,309 1,871,761 2,002,786 Total Prop. C Allocation: 1,018,114 I,OB9, 382 1,165,639 1,247,233 1,334,510 1,417,958 1,521,915 1,634,869 1,719,309 1,871,161 2,002,784 Updated 7131191 (I) PTolectiona include 13 Local buses and 11 Couuter buses. 121 Operational costs for, couuttr buses Dave beta increased proportiooate)y for 2 additional buses. (3) Beginning Band Balance reflects a net gate cc Prop A etcbaoge Bead Balance 711191 2,461,495 lit need to G1 for Prop A ficbange (690,0001 Actual Bund Balance 1/1191 1,771,495 _