SUBJECT: ADOPTION OF APPROPRIATION ORDINANCE AND FUNDING SOURCES RESOLUTION AMENDMENTS IN THE SERVICES FOR REDEVELOPMENT CAPITAL PROJECTS FUND (CITY-SIDE REDEVELOPMENT FUND) WITH A NET IMPACT TO THE FUND OF $315,407 AND ADOPTION OF A RESOLUTION MAKING CERTAIN DETERMINATIONS REGARDING THE EXPENDITURE OF AGENCY FUNDS ON CERTAIN PUBLIC IMPROVEMENTS.

COUNCIL DISTRICT: City-wide

RECOMMENDATION

It is recommended that the City Council adopt the following Appropriation Ordinance and Funding Sources Resolution amendments in the Services for Redevelopment Capital Projects Fund (City-side Redevelopment Fund):

1. Increase the Fourth and San Fernando Garage Public Art project in the amount of $132,407.

2. Establish an appropriation for the Prusch Park Construction project in the amount of $35,000.

3. Establish an appropriation for the Story Road and Lido Way Sidewalk Replacement project in the amount of $148,000.

4. Increase the estimate for Earned Revenue by $ 315,407.

It is also recommended that the Council adopt a resolution making certain determinations regarding the related expenditure of the Redevelopment Agency funds on certain public improvements in connection with the Prusch Park Construction and Story Road and Lido Way Sidewalk Replacement projects, as more specifically described in the memorandum from the Senior Development Officer from the Redevelopment Agency, dated June 29, 2001 and July 16,2001, respectively, attached hereto.

BACKGROUND

The Redevelopment Agency has requested City services in the implementation of Agency projects. These proposed amendments are necessary to account for City-side expenditures on Redevelopment Agency projects.

ANALYSIS

The Fourth and San Fernando Garage Public Art project provides for the fabrication, construction and installation phase of the project.

The Prusch Park Construction project provides park enhancements. This project will include perimeter fencing and entry gates, signage, pedestrian pathways into the park, lighting enhancements and landscape improvements. This is the design phase of the project.

The Story Road and Lido Way Sidewalk Replacement project is located within the redevelopment project area at Story Road and Lido Way. In conjunction with a private retail shopping development project, this project shall implement sidewalk improvements within the public right-of-way. Improvements include surveying, demolition, site preparation, sidewalk, curb and gutter replacement, additional electroliers, and limited asphalt street improvements.

The source of funding for these services and improvements would be a transfer from the Redevelopment Agency.

PUBLIC OUTREACH

N/A

LARRY D. LISENBEE

Budget Director

I hereby certify that there will be available for appropriation in the Services for Redevelopment Capital Projects Fund (City-side Redevelopment Capital Fund) in the Fiscal Year 2001-2002 moneys in excess of those heretofore appropriated therefrom, said excess being at least $315,407.

LARRY D. LISENBEE

Budget Director