Loading...
HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 01/19/1999 - SECOND READING OF ORDINANCE NO. 2, 1999, APPROPRIA ITEM NUMBER: 9 ARY AGENDA ITEM SUMM DATE: January 19, 1999 10 FORT COLLINS CITY COUNCIL STAFF: Matt Baker SUBJECT: Second Reading of Ordinance No. 2, 1999, Appropriating Prior Year Reserves in the Street Oversizing Fund and Authorizing the Transfer of Appropriations from the Street Oversizing Fund to the Capital Projects Fund for the Drake Road Improvement Project. RECOMMENDATION: Staff recommends adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: Arterial street improvements are planned for Drake Road from Shields Street to Research Boulevard. These improvements include planted medians,detached sidewalks,bike lanes,right turn lanes,storm sewer improvements,and roadway and traffic signal improvements at two intersections. The proj ect is predominantly funded by the Street Oversizing Program, but includes a Development portion • contributed in the form of a Contribution in Aid, as a well as Pavement Management Program portion. Ordinance No. 2, 1999, which was unanimously adopted on First Reading on January 5, 1999, appropriates $1,530,006 in the Capital Projects Fund to construct arterial roadway improvements for the Drake Road Improvement Project. AGENDA ITEM SUMMARY ITEM NUMBER: 17 DATE: January 5, 1999 FORT COLLINS CITY COUNCIL STAFF: Matt Baker I SUBJECT: First Reading of Ordinance No. 2, 1999,Appropriating Prior Year Reserves in the Street Oversizing Fund and Authorizing the Transfer of Appropriations from the Street Oversizing Fund to the Capital Projects Fund for the Drake Road Improvement Project. RECOMMENDATION: Staff recommends adoption ot( Or i ce oReadin FINANCIAL IMPACT: This Ordinance appropriates$1,530,006 in the Capital Projects Fund to construct arterial roadway improvements for the Drake Road Improvement Project. rojec 11 g a*bid so� as funds are available. Funds will be appropriated as follows: Everitt Companies $3 ,928 �Contrilution In Aid(prior year reserves) Allnut Funeral Home $21+,568 Cont_. tion In Aid(prior year reserves) Norlarco $43,149 Contribution In Aid (prior year reserves) Street Oversizing Fund $1,106,261 Street Oversizing Fund (existing appropriations) TOTAL $1,530,006 This action will not affect the Street Oversizing Fund's ability to meet its other construction obligations in 1999. EXECUTIVE SUMMARY: Arterial street improvements are planned for Drake Road from Shields Street to Research Boulevard. These improvements include planted medians,detached sidewalks,bike lanes,right turn lanes,storm sewer improvements,and roadtt y an�tr c si Ynp"' ventents at two intersections. The project is predominantly funded by the Street wersi i l ogram,I includes a Development portion contributed in the form of a &ntribut16' m' Aid. s a well Pavement Management Program portion. Staff is requesting funds to be appropriated from the Street Oversizing Fund prior year reserves and authorized for transfer,along with existing appropriations,to the Capital Projects Fund for the purpose of starting these arterial road improvements in the spring of 1999. Staff believes this project needs to start in the Spring in order to avoid severe traffic delays and congestion in the area. Also, arterial improvements on Drake Road from Shields Street to Research Boulevard are also necessary in 1999 to keep construction impacts on City residents to a minimum. BACKGROUND: Over the past year staff has completed the design of the Drake Road Proj ect. The improvements will span from Shields Street approximately 2,800 feet east to Research Boulevard. The project will include reconstruction of the roadway,including curb,gutter,sidewalks,and bike lanes. Additional DATE: January 5, 1999 Z ITEM NUMBER: 17 upgrades to the project will include landscaped medians with street lights,concrete pad sites for bus stop locations, storm sewer improvements, four new right turn lanes, and a new traffic signal at Worthington Street. Staff has designed the project to meet current City arterial street standards, including landscaping and transit amenities within existing budget constraints. The project is planned to begin construction in the Spring of 1999, with final completion and landscaping to be completed in the Fall of 1999. Funding for the project is primarily through the Street Oversizing Program. Street Oversizing fees will be used to fund the project along with developer contributions. There are portions of Drake Road adjacCtto�tlll;rouj ' hic a scheduled for maintenance and overlay through the Pavement anageme�t Pr�gr . Thus m tenance work will be included in the project. This will minimize inconvenience to the traveling public by accomplishing the work- in one construction period. Some savings will be realized through consolidation of traffic control and mobilization costs. The Pavement Management Program will provide $107,761 for this maintenance work. Appropriation of funds into the Capital Projects Fund for this maintenance work has been completed through the normal budget process, and is not part of this Council action. This section of Drake Road currently has a declining level of service for traffic. With the addition of several new commercial businesses immediately adjacent to this area, including a large supermarket,the level of servic will&op$10. unTe .tab evel the improvements planned for the project are not completed bey the Fad f 199S�i s ti improvements for Drake Road will require travel lane reductions and 1 be An o the traveling public while under construction. Staff has been wqr iri9 eva,;at other rtments and private utilities to coordinate construction of the project in an effort to minimize inconvenience to the traveling public. In order to take this project to bid and to start construction in the spring, all funds for the project must be appropriated into the Capital Project Fund. The developers have already provided their funds for the improvements, and Street Oversizing funds are budgeted and appropriated for the remaining share of the improvements.