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HomeMy WebLinkAboutMemo - Read Before Packet - 7/22/2014 - Memorandum From Ginny Sawyer Re: Bob 2.0 / Updated Table For Work Session Item #11 Num Page # Project BFO Offer Potential Leveraging & Partnerships Strategic Plan Broad Impact Annual O&M Culture and Recreation CR 1 1 Southeast Community Creative Center Possible Technology Partnership 10,000 200 11,802 CR 2 1 Water Sustainability Improvements for Parks and Golf x 4,200 10 4,290 CR 3 2 Renovation of the Historic Carnegie Building Possible Grant 2,000 10 2,090 CR 4 3 Completion of the Gardens on Spring Creek Possible Grant x 2,000 20 2,180 CR 5 4 Recreational Trail Enhancements x Possible Grant x 250 - 7,250 78 953 - 7,953 CR 6 5 EPIC Pool Improvements x 2,000 2,000 CR 7 6 Preserving our Heritage: City Park Train; Club Tico Renovation; Fire Museum 1,000 25 1,225 CR 8 6 Velo and Fitness Park 2,100 180 3,721 Sub-Total Culture and Recreation 23,550 - 30,550 523 28,261 - 35,261 Sub-Total Recommend Culture and Recreation 20,450 - 27,450 318 23,315 - 30,315 Economic Health ECH 1 8 Downtown Restroom x x 350 350 ECH 2 8 Quiet Zone Implementation I-(Downtown /CSU - 16 crossings + 2 ped crossings) Federal Rail Administration 1,500 160 2,941 ECH 3 9 Quiet Zone Implementation II- (Drake to Trilby - 5 crossings) Federal Rail Administration 1,250 50 1,700 ECH 4 9 Mason Street Enhancement x DDA, DBA, Ped Safety Improvement grants 3,000 - 5,000 9 3,081 - 5,081 ECH 5 10 East Mulberry Corridor planning, prelim design, and ROW purchase x Larimer County, P3, Developer Impact Fees x 300 300 ECH 6 10 Linden Street Renovations DDA, private grant opportunities x 2,000 - 3,000 12 2,108 - 3,108 ECH 7 11 Willow Street Improvements Developer Impact Fees, DDA, Historic Pres. Grants, Street OS 3,500 11 3,595 ECH 8 11 Parking Infrastructure Fund x DDA, Developer Impact Fees, P3 opportunities x 5,000 400 8,603 ECH 9 12 Downtown Maintenance Shop x 3,500 3,500 ECH 10 13 Median and Streetscape Enhancement & Renovations 1,000 - 2,000 90 1,807 - 2,807 ECH 11 13 Community Marketplace 9,000 125 10,126 Sub-Total Economic Health 30,400 - 34,400 856 38,112 - 42,112 Sub-Total Recommend Economic Health 21,400 - 25,400 731 27,986 - 31,986 Potential Capital Improvement Tax Projects By Outcome Areas Capital Cost NPV of Capital Cost and 10 2 Num Page # Project BFO Offer Potential Leveraging & Partnerships Strategic Plan Broad Impact Annual O&M Potential Capital Improvement Tax Projects By Outcome Areas Capital Cost NPV of Capital Cost and 10 Years O&M* Environmental Health ENV 1 15 Climate Action Projects Many Possible partnerships and grants 2,000 2,000 ENV 2 15 Community Organics Composting and Recycling Facility x Grants and Partnerships Identified 2,500 70 3,131 ENV 3 16 Downtown Poudre River Enhancements x Private Monies and Possible Grant x 13,800 125 14,926 Sub-Total Environmental Health 18,300 - 18,300 195 20,057 - 20,057 Sub-Total Recommend Environmental Health 18,300 - 18,300 195 20,057 - 20,057 High Performing Government HPG 1 18 Parking Garage & Retail Space P3 opportunities x 10,000 - 11,000 300 12,702 - 13,702 HPG 2 18 Vehicle Storage 3,000 65 3,586 HPG 3 19 Building and Development Services 6,000 - 7,000 65 6,586 - 7,586 HPG 4 20 City Hall Administration Building 40,000 - 50,000 500 44,504 - 54,504 Sub-Total High Performing Government 59,000 - 71,000 930 67,378 - 144,390 Sub-Total Recommend High Performing Government 10,000 - 11,000 300 12,702 - 13,702 Safe Community SC 1 21 Regional Training Facility x Split costs with Loveland 10,500 320 13,383 SC 2 21 Computer Aided Dispatch/Record Management System Upgrades Split costs with Larimer County x 2,000 2,000 SC 3 22 Land for Police Maintenance Facility 800 - 1,100 5 845 - 1,145 SC 4 22 Police District 1 Lease Buy Out 500 500 SC 5 23 Campus West Policing Substation 460 486 4,838 SC 6 23 HALO Camera and Other Camera Monitoring 1,090 1,090 SC 7 24 Police Vehicle Maintenance Facility Possible County Partnership 6,500 - 7,500 280 9,022 - 10,022 Sub-Total Safe Community 21,850 - 23,150 1,091 31,678 - 32,978 Sub-Total Recommend Safe Community 14,260 - 14,560 811 21,566 - 21,866 Transportation T 1 25 Vine & Lemay Grade Separated Crossing Design, ROW and Construct x FHWA, Developer Impact Fees, P3 opportunities, Street OS x 25,000 60 25,540 T 2 25 Realigned Vine Drive - College to Lemay Developer Impact Fees, Street OS x 8,000 - 12,000 30 8,270 - 12,270 T 3 26 South Timberline Road Improvements Developer Impact Fees, Street OS 12,000 36 12,324 (Gray = Not Recommended) ALL VALUES ARE IN THOUSANDS *O&M inflated at 2.8% for 10 years and discounted to PV at 4.8% and added to Capital 7/22/2014 Version 7 3 Num Page # Project BFO Offer Potential Leveraging & Partnerships Strategic Plan Broad Impact Annual O&M Potential Capital Improvement Tax Projects By Outcome Areas Capital Cost NPV of Capital Cost and 10 Years O&M* T 4 26 West LaPorte Avenue Improvements 2,500 8 2,568 T 5 26 Lincoln Avenue Improvements x Street OS, Developer Impact Fees, potential grant funds x 12,000 36 12,324 T 6 27 Jefferson Street Improvements CDOT, DDA, FHWA, Developer Impact Fees x 7,500 24 7,716 T 7 27 College Midtown Transportation Plan Implementation x Developer Impact Fees, Federal/State grant opportunities x 10,000 33 10,297 T 8 28 Bike Plan Implementation Strong history of CMAQ, TAP federal grants, Private grants x 5,000 15 5,135 T 9 28 Bike/Ped Grade Separated Crossings CSU, Developer Impact Fees, Grant opportunities x 10,000 30 10,270 T 10 29 Start up for Bike Share x Grants, P3 opportunities 505 150 1,856 T 11 29 Bus Fleet Replacement Strong history of FTA, State/Federal transit grants x 4,200 350 7,353 T 12 30 Arterial Intersection Improvements x Street OS, Developer Impact Fees, Harmony Road Reserve Funds, CMAQ 7,500 2 7,520 T 13 31 Bridge Maintenance and Replacement x State/Federal bridge program grant opportunities (on system) 20,000 20,000 T 14 31 Southwest Annexation Road Improvements Fund x HOA contributions 5,000 5,000 T 15 32 Realigned Vine Drive-Lemay to Timberline FHWA, Developer Impact Fees, P3 opportunities, Street OS x 8,000 - 12,000 30 8,270 - 12,270 T 16 32 Trilby Road Improvements I-College to Lemay Street OS, Developer Impact Fees, State/Federal grant opportunities 4 Num Page # Project BFO Offer Potential Leveraging & Partnerships Strategic Plan Broad Impact Annual O&M Potential Capital Improvement Tax Projects By Outcome Areas Capital Cost NPV of Capital Cost and 10 Years O&M* T 26 37 High Priority, Small Capital Project Fund Developer Impact Fees, Street OS, other grant opportunities 3,000 9 3,081 Sub-Total Transportation 221,655 - 229,655 2,245 241,874 - 249,874 Sub-Total Recommend Transportation 129,205 - 133,205 774 136,175 - 140,175 Community and Neighborhood Livability CNL 1 38 Housing for Chronically Homeless(Homeward 2020) Possible Grants and Federal Funding 5,000 5,000 CNL 2 39 ADA Sidewalk Compliance / Ped Plan / Arterial Ped Crossings x CMAQ, Pedestrian grants, Developer Impact Fees x 30,900 24 31,116 CNL 3 40 Bus Stop Installation and Enhancement-ADA FTA x 1,000 28 1,248 CNL 4 41 Lincoln Neighborhood Projects x Possible grant opportunities for small capital 850 3 877 CNL 5 42 Sustainable Child Care Center 2,000 - 2,500 825 9,432 - 9,932 CNL 6 42 Implementing Nature in the City 3,000 - 5,000 100 3,901 - 5,901 CNL 7 43 Investments in Declining Neighborhoods 3,500 175 5,076 Sub-Total Community and Neighborhood Livability 46,250 - 48,750 1,155 56,650 - 59,150 Sub-Total Recommend Community and Neighborhood Livability 46,250 - 48,750 1,155 56,650 - 59,150 Total 421,005 - 455,805 6,994 484,010 - 583,822 Total Recommended 259,865 - 278,665 4,283 298,450 - 317,250 (Gray = Not Recommended) ALL VALUES ARE IN THOUSANDS *O&M inflated at 2.8% for 10 years and discounted to PV at 4.8% and added to Capital 7/22/2014 Version 7 8,000 24 8,216 T 17 32 Trilby Road Improvements II- Lemay to Timberline Street OS, Developer Impact Fees, State/Federal grant opportunities 12,000 36 12,324 T 18 33 Mulberry & Prospect I-25 Interchange Enhancements CDOT, FHWA, Developer Impact Fees x 10,000 30 10,270 T 19 33 Prospect Road Improvements I-Taft to Poudre River CSU, Developer Impact Fees, Grant opportunities x 22,000 66 22,595 T 20 34 Prospect Road Improvements II- Poudre River to I-25 Grant Opportunities 7,500 23 7,703 T 21 34 E. Harmony Road Improvements-Medians 2,000 6 2,054 T 22 35 E. Harmony Road Improvement- College to Boardwalk Harmony Road Reserve Funds 5,500 17 5,649 T 23 35 Harmony Plan Implementation - Buffered Bike Lanes FHWA, CMAQ other Bike grant opportunities 250 1 257 T 24 36 Harmony Plan Implementation - Intersection Improvements Including Queue Jumps FTA, FHWA grant opportunities 10,000 30 10,270 T 25 36 Downtown Circulator - Lincoln Avenue P3, FTA x 4,200 1,200 15,010 (Gray = Not Recommended) ALL VALUES ARE IN THOUSANDS *O&M inflated at 2.8% for 10 years and discounted to PV at 4.8% and added to Capital 7/22/2014 Version 7 Years O&M* (Gray = Not Recommended) ALL VALUES ARE IN THOUSANDS *O&M inflated at 2.8% for 10 years and discounted to PV at 4.8% and added to Capital 7/22/2014 Version 7