HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 03/19/2002 - SECOND READING OF ORDINANCE NO. 040, 2002, APPROPR AGENDA ITEM SUMMARY ITEM NUMBER: 8
FORT COLLINS CITY COUNCIL DATE: March 19, 2002FROM:
Matt Baker
SUBJECT:
Second Reading of Ordinance No. 040, 2002, 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 Shields Street, Stuart Street to Hobbit Drive, Project.
RECOMMENDATION:
Staff recommends adoption of the Ordinance on Second Reading.
EXECUTIVE SUMMARY:
This Ordinance, which was unanimously adopted on First Reading on March 5, 2002,
appropriates and transfers funds from the Street Oversizing Fund Prior Year Reserves to the
Capital Projects Fund to construct arterial roadway improvements on Shields Street from Stuart
Street to Hobbit Drive. This project will go out to bid as soon as funds are available.
AGENDA ITEM SUMMARY ITEM NUMBER: 19
FORT COLLINS CITY COUNCIL DATE: March 5, 2002
STAFF:
Matt Baker
SUBJECT:
First Reading of Ordinance No. 040, 2002, 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 Shields Street, Stuart Street to Hobbit Drive, Project.
RECOMMENDATION:
Ilk If
Staff recommends adoption oftCOrdin- eon rs eading.
FINANCIAL IMPACT:
This Ordinance appropriates and transfers $1,194,640 from the Street Oversizing Fund Prior
Year Reserves to the Capital Projects Fund to construct arterial roadway improvements on
Shields Street from Stuart Stree bb' ve ct 'll go out to bid as soon as
funds are available. This will n affec Stre O rs' ng am's ability to meet its other
10 construction obligations in 200
EXECUTIVE SUMMARY:
This is a joint project between the City's Street Oversizing Program and the City's Pavement
Management Program to rehabilitate and improve Shields Street from the Stuart Street
intersection, north to the SCd � ro cPinY'on ncluding repaving of the
Shields/Prospect intersection toing of
This portion of Shields Street was schedule or routine maintenance, including concrete curb
and gutter repairs and milling and re-paving of the asphalt surface. The intersection of Shields
and Prospect was included due to substantial rutting of the pavement in the intersection and all
approach lanes.
There is an undeveloped property on the east side of Shields Street between Stuart Street and
Hobbit Drive. The owners of the property are actively marketing it for development and are
preparing for submittal. The Street Oversizing Program worked with the developer of the
property to finalize the design plans for Shields Street ahead of the development to include the
improvements into the City's Pavement Management Program for this year. It seemed more cost
effective to complete the improvements at this time with the currently proposed rehabilitation
project. This also places the financial responsibility for this segment on the development
through the Street Oversizing Program, and conserves the City's pavement maintenance dollars.
DATE: Marcn 3, zum
ITEM NUMBER: 19
The developer of the property will be required to reimbursedhe fund for the local street portion
of the improvements to be constructed associated with that property.
The improvements will include completing the curb and gutter along the east side, construction
of a pull out bus stop with benches and shelter, sidewalks, crosswalks and ramps, streetscape
landscaping, and milling and re-paving of the asphalt surface course.
This is also a very high traffic intersection, and project completion will be required before the
start of the Fall 2002 CSU semester. Weekend closures of the intersection will be necessary for
the milling and paving operations. Staff has the experience and confidence to successfully
conduct the 48-hour periods of o k Yece
lete the intersection work.
This will minimize the inconv fence a alto t pr completed within the CSU
summer break.
This Ordinance is required to transfer the funds for the Street Oversizing portion of the work into
the Capital Projects fund. The Pavement Management Program portion of the funding has
already been appropriated for this year's maintenance contract.