TO: Mayor and Members of City Council
THRU: Adam Lindsay, Assistant City Manager
FROM: Byron Reeves, Deputy Public Services Director
DATE: December 9, 2024
RE:
Title
Public Infrastructure GO Bond Project Update
end
COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
High Quality Built Environment
Desirable Place to Live, Work, and Recreate
Executive Summary:
City Council placed a ballot measure seeking authorization of the issuance of up to $25 million in General Obligation Bonds to support capital investments in public infrastructure on the November 8, 2022 ballot. The bond authorization measure was subsequently approved by voters for "various transportation related improvements inside and outside the corporate limits of the City, including, without limitation, street, road, mobility, sidewalk and streetscape improvements, bridges, bicycle lanes, curbs and drains, traffic controls, and greenways, and the acquisition of any related land, rights of way, and equipment".
With the approval of both the City's fiscal year 2024 and 2025 budget, $16.8 million have been appropriated by Council thus far. The following staff report will provide details, expenditures/commitments to date, and schedules of the projects these proceeds are funding.
Background:
Public Infrastructure GO Bond Project Appropriations:
Project
Appropriated to Date
Expended/Committed to Date
Street Resurfacing
$10,958,784
$10,533,489
Sidewalk
$3,536,316
$624,350
Bike Lane
$340,000
$0
Municipal Agreements
$1,450,000
$0
Intersection Improvements
$100,000
$0
Thoroughfare Street Lighting
$50,000
$0
Safe Streets for All (SS4A)
$101,216
$0
Dam Safety & Preservation Program
$35,184
$0
Bridge Preservation Program
$208,500
$0
Total
$16,800,000
$11,157,840
Issues/Analysis:
Street Resurfacing:
Street resurfacing was proposed to Council and approved to be completed in three phases on March 23, 2023. The three phases were to coincide with the FY...
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