Title
Staff Report for a Resolution Re-Appropriating Capital Funds for Existing Projects and Purposes
Staffreport
SUMMARY AND RECOMMENDATIONS
It is recommended that the City Council appropriate capital funds for existing projects in an amount that matches remaining appropriations that have expired and were returned to fund balance.
Staff recommends appropriating capital funds for the existing projects for the purposes listed herein.
BACKGROUND
Capital funds are appropriated by the City Council via adoption of the annual budget or via a project specific resolution. Section 520 of the San Leandro Municipal Code specifies that appropriations of capital funds may be carried forward for not more than five fiscal years.
Analysis
The projects listed below were originally funded more than five years ago, and for the reasons discussed below, are still in progress. Completion of these projects as originally envisioned requires the City Council to re-appropriate funds in the budget. To the extent that these projects have grant funding, failure to complete the projects would require returning the entire grant amount, not just the remaining unspent portion of the grant, to the grantor.
The East 14th Street/Hesperian Boulevard/150th Avenue Improvement project, commonly referred to as the East 14th Street Triangle project, will add a second left turn lane on Southbound East 14th Street at 150th Avenue, along with new landscaping within the triangle formed by the three streets listed above. The design of this project is approximately 65% complete. This project was recently delayed so that staff could work on the Siempre Verde Park Rehabilitation project, which had a very short, grant-driven deadline. After design is complete, the City must purchase property for road widening and then underground the overhead utilities before the City can construct the planned improvements. Construction is currently scheduled for completion in 2022. The followin...
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