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HomeMy WebLinkAboutRES 94-223 f RESOLUTION NO. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT a five-year Capital Program for Fiscal Year 1995 through Fiscal Year 1999, attached as Exhibit "A" be and it is hereby adopted. PASSED BY THE CITY COUNCIL of the City of Beaumont on this the day of � , 1994. - - Mayor - 1-3 f 1 i 1 t o Beautyont September 6, 1994 To the Honorable Mayor and Members of City Council Subject: Capital Program - 1995 Five Year Plan The City Charter requires a five year Capital Program be submitted annually for consideration by City Council. The plan includes a general summary and listing of all improvements, accompanied by corresponding project necessity statements and costs estimates. The attached document represents the proposed program for five years beginning with 1995. The Council has conducted a public hearing and needs to adopt the Capital Improvement Program in order to make specific project allocations. Expenditure authorizations and funding mechanisms will occur during the five-year period as contracts are awarded. OVERVIEW OF CAPITAL IMPROVEMENT PLANNING Local government has the important responsibility of ensuring that buildings, streets, parks, and drainage systems are maintained and improved for their community and future use. Sound planning and fiscal commitment can ensure that major replacement costs are avoided and that the infrastructure quality remains suitable to support business and private investment in the community. A common mechanism used by local officials to manage this responsibility is the Capital Improvement Program (CIP), a plan for short- and long-range physical development. One benefit of the Capital Improvement Program is that it allows for project evaluation at a comprehensive level. It also provides financial information necessary to carefully plan and anticipate changes in tax structure, user fees and bonded indebtedness. The CIP process allows annual program updates to incorporate changing community priorities and financing strategies, which require careful consideration. An important determination is whether a. particular project will enhance the viability of the economic base and provide quality-of-life amenities for its citizens. EXHIBIT "A" P. O . Box 3827 Beaumont, Texas 77704 Honorable Mayor and Coi 'Imembers September 6, 1994 Page 2 SUMMARY OF PROPOSED 1995 FIVE YEAR CAPITAL IMPROVEMENT PROGRAM The proposed 1995 Five Year Capital Improvement Program for the City of Beaumont includes street and stormwater drainage and other general government municipal facility improvements. The proposed CIP totals $26,686,000 as summarized below: Protect Type Budget Public Works $25,070,000 General Improvements 1.616.000 Total Program Costs $26.686 0�0 Source of Funds Available Funds $8,709,000 General Obligation Debt Issues 17,000,000 Grants 1,002.000 Total funds available $26,711,000„ The 1995 Five Year Plan focuses on the completion of projects authorized with the 1982 Transportation Improvement Program and those approved with the 1983 Comprehensive Drainage Program. The major source of available funds for the public works projects is the proceeds from the issuance of the Series 1992 $13.3M Public Improvement Bonds. $17.OM in future general obligation debt will be required during the next five years to complete the projects approved in this CIP. The debt will be issued in increments as required to fund construction in process. Further detail of each sections authorized projects of the Capital Improvement Program are discussed as follows: Public Works Projects The 1995 Five Year Plan includes the addition of Concord Road as an authorized public works improvement project. The currently approved public works improvement projects total $18.OM and are either under contract with work in progress or the City is committed to provide matching funds for State participation projects The addition of Concord Road will increase that total to $25.OM. A discussion of each project is as follows: Major Drive - is a participation project with the Texas Department of Transportation tTXDOT) specifically classified as a demonstration project. The entire project, estimated at $6.2M, provides for the purchase of right-of-way (ROW) and utility relocation for the widening of Major Drive from Honorable Mayor and Councilmembers September 6, 1994 Page 3 Hwy 105 to Hwy 124. TxDOT will fully fund and manage the construction phrase at an estimated cost of $2.2M. The remaining $4.OM in estimated costs are for ROW acquisition and utility relocation that must occur prior to the construction phrase and are the City/State participation aspect of the project. The State will be responsible for 80% or $3.2M of this cost, leaving the City responsible for 20%, or $800,000. This project is in the early stages with no costs currently expended. Right-of-way acquisition is expected to begin in fiscal year 1995. West Lucas - will provide for reconstruction of W. Lucas into a four lane arterial roadway from Phelan to Folsom streets. This project was a participation project with TxDOT. However, due to time constraints on TxDOT, the state funds will be transferred to the Liberty/Laurel Overpass project. Total project costs are estimated at $7.8M and will be 100% City funded. Liberty/Laurel - this project will allow for rehabilitation of Liberty and Laurel streets from Forrest to 11th street to include two lanes of traffic and the extension of both streets to Phelan Boulevard, with an overpass at I11-10. The first phase of this project, Forrest to 11th, is 100% City funded and must be completed before the Liberty/Laurel Overpass phase can be started, which is mandated by contractual obligation with TxDOT. The overpass is a participation project with TxDOT and provides for extension of Liberty and Laurel streets from 11th to Phelan Blvd., with grade separation at IH-10. Total project costs for both phases is estimated at $16M with TxDOT funding $7M of that, leaving the City responsible for $9M in funding requirements. The City has currently expended $815,000 toward the purchase of right-of-way to be continued into fiscal year 1995. Twenty-Third Street - roadway improvements will provide for widening 23rd Street from Calder Ave. to Laurel Street. No funds have been expended as of current, with total costs estimated at $270,000. Concord Road - reconstruction will transform the road into an major arterial roadway from IH-10 to 'East Lucas. The City will provide 100% funding for this $7M project which is proposed to be an extension of the M L King Parkway. Ditch 904 - is a participation project with Drainage District No. 6 to relieve drainage ditch 904 by connecting it with Spear Road ditch. The City has expended $116,000 of the estimated costs to complete of$140,000, with completion expected by the end of fiscal year 1994. General Improvements The Capital Improvement Plan for 1995 includes no additional projects for general improvements. Approved projects total $1.6M and include park and recreational facilities with program highlights to include; improvements at Collier's Ferry, Central, Lefler, Halbouty and Tyrrell parks and installation of an irrigation system at the Athletic Complex. Funds expected to be received through federal grants total $1.0M and will fund a significant portion of these approved projects with remaining costs funded with available resources on hand. A discussion of each project is as follows: Collier's Ferry Park -the first two phases provide for improvements that include a pier, parking lot, shelters, restrooms, playground and shoreline stabilization. Further, it will include construction of a boat ramp and rehabilitation of the existing roadway. Total project costs are estimated at $1.OM Honorable Mayor and Cou. ..,members September 6, 1994 Page 4 with $700,000 of that being available through federal grant awards. The remaining $300,000 will be the City's matching requirement and will be funded from resources on hand. Project costs expended to date total $55,800. Central Park - provides for construction of restroom facilities and a paved parking lot. Total project costs are estimated at $115,000 and will be 100% City funded with funds currently available. Lefler Park - project provides for improvements at Lefler Park to include the sports field, playground, picnic area, trail system and a covered hard surface area. Total project costs are estimated at $243,000 with a federal grant providing $190,000 of these costs. The remaining costs of$53,000 is the City's share and are available from funds currently on hand. Athletic Complex - Irrigation System - provides for the installation of an irrigation system on each softball field at the Athletic Complex at an estimated cost of$66,000. The City is responsible for 100% of the funding, with resources currently available. Halbouty Park - provides for improvements at the park to include: wading pool, playground, multi-use fields, trail systems and tennis and basketball courts. Total project costs are estimated at $224,000 with a federal grant funding 50%, or $112,000 of these costs. The City is responsible for$112,000 which includes $62,000 of in-kind value for the land and in-house A & E services. The remaining $50,000 in costs are available from funds on hand. Financial Impact The Capital Improvement Program is a five year plan designed to annually review the development and continuing maintenance of the City's infrastructure. The 1995 Five Year Plan includes a detail listing of projects with estimated costs to complete for "general improvements" type projects and "public works" type projects. With the exception of the addition of the Concord Road project, the public works improvement projects shown in this report are currently either under contract or the City is committed to provide matching funds for State participation projects. Approximately $8.OM of funding for these projects is from previously issued general obligation debt. As stated earlier, future debt issues currently estimated at $17.OM will be required over the course of these projects to complete. General improvement" projects shown in this report as approved projects total $1.6M, with funding available from approved grant awards and resources on hand. Respectfully submitted, r Ray Riley City anager G. -dITAL IMPROVEMENT PROGRAty, PUBLIC WORKS IMPROVEMENTS Page Ref. Authorized Projects Allocation No. 1 Major Drive $ 800,000 1.1 2 West Lucas 7,800,000 1.2 3 Liberty/Laurel 9,060,000 1.3 4 Twenty-Third Street 270,000 1.4 5 Concord Road 7,000,000 1.5 6 Ditch 904 140,000 2.1 Total 25,070,000 Funds available 8,092,000 General obligation debt required to complete 17,000,000 Total funds provided 25 092,000 _Potential Projects 7 Eleventh Street 1,500,000 1.6 8 Dowlen Road 4,020,000 1.7 9 Twenty-Third Street Overpass 2,250,000 1.4 10 Washington Boulevard 2,500,000 - 1.8 11 Calder Avenue 800,000 1.9 12 Laurel Avenue 500,000 1.10 13 Delaware Street 3,350,000 1.11 14 Folsom Road 1,500,000 1.12 15 Cartwright - Terrell/Royal Street Outfall 7,300,000 2.2 16 South Park Relief 6,375,000 2.3 17 Prince Street Outfall 9,690,000 2.4 18 Fannin Street Box 8,400,000 2.5 19 Broadway Outfall Ditch 1,485,000 2.6 20 Moore Street Ditch Relief 3,725,000 2.7 21 Perl, Spurlock and Tolivar Road Crossings 130,000 2.8 22 High School Ditch 7,940,000 2.9 23 Caldwood Drive Outfall 2,640,000 2.10 24 Twenty-Third Street Ditch Relief 275,000 2.11 25 Fannett Road - Ditch No. 11 Outfall 660,000 2.12 Total $ 65,040,000 i 'ITAL IMPROVEMENT PROGRA GENERAL IMPROVEMENTS Page Ref. Authorized Projects Allocation No. 1 Collier's Ferry Park $ 1,010,000 3.1 2 Central Park 135,000 3.2 3 Lefler Park 243,000 3.3 4 Athletic Complex - Irrigation System 66,000 3.4 5 Halbouty Park 162,000 3.5 Total 1,616,000 Local funds available 617,000 Grant funding - Texas Parks & Wildlife 1,002,000 Total funds provided 1,619,000 Potential Projects 6 Collier's Ferry Park - Camping Area 165,000 3.1 7 Athletic Complex - Softball Fields 600,000 3.6 8 Riverfront Park 1,500,000 3.7 9 Alice Keith Park 100,000 3.8 10 Southend Pool 1,400,000 3.9 11 Southend Activity Center 1,250,000 3.10 12 Airport Runway Extension 350,000 3.11 13 Airport Fuel Farm 85,000 3.12 14 Fire Station No. 6 500,000 3.13 15 Northend Neighborhood Library 1,465,000 3.14 Total $ 7,415,000 2