HomeMy WebLinkAbout1995-10-10 - AGENDA REPORTS - USE OF PVEA FUNDS (2)City Manager Approi
Item to be presented
Rick Putnam
CONSENT CALENDAR
DATE: OCTOBER 10, 1995
SUBJECT: SOUTH FORK TRAIL PHASE IV: AUTHORIZATION FOR USE OF PVEA.
FUNDS
DEPARTMENT: PARKS, RECREATION, AND COMMUNITY SERVICES
BACKGROUND
At its regularly scheduled meeting of August 22, 1995, the City Council awarded a contract bid
for the South Fork Trail Phase IV project to R.C. Becker. At that time, staff received
authorization to expend $495,000 which would cover the cost of the base bid. The base bid
includes trail construction from Magic Mountain Parkway to McBean Parkway. Additional
alternate bid items which were bid by R.C. Becker, but not included in the original award of the
base bid, include alternate #1: color admixture for retaining walls, #2: an equestrian crossing,
and #3: an access ramp at the Valencia Boulevard bridge.
The City was awarded a $150,000 grant from the Petroleum Violation Escrow Account (PVEA)
Program. Approximately $79,500 of the total $150,000 grant has been identified to fund.
bikeway; improvements in the vicinity of Valencia Boulevard and Cinema Drive. Staff has
received approval from Caltrans to utilize a portion of funds related to the PVEA Grant for
improvements at the Valencia Boulevard bridge under crossing. Staff recommends that funds
be utilized on alternate bid items #1, #2, and #3 listed above in this area due to the availability
of PVEA Funds and the project's current construction time line.
Funds for the PVEA Grant have been identified in the 1995-96 budget and may be appropriated
into the South Fork Trail Phase IV project. The remaining PVEA funds are planned to be
utilized over the 1995-96 fiscal year to provide for a Bouquet Canyon intersection crosswalk at
Cinema Drive and the installation of pedestrian traffic signals and bus shelters.:
RECOMMENDATION
1. City Council to direct staff to transfer $79,500 of PVEA funds from account no. 24-99054-
227 into account no, 24-99044-227, South Fork Trail Phase IV Project and
2. Authorize staff to proceed with alternate bid items 1, 2, and 3 associated with the South
Fork Trail Phase IV project. APPROVED
REP:DDPs;ci1prlcounllsf-pvea.ddp
Agenda Item:.