Loading...
6A - Highlights of 2003-2008 CIP• HIGHLIGHTS OF THE 2003-2008 CAPITAL IMPROVEMENTS PROGRAM BY FUND The 2003 Capital Improvements Program includes proposed funding of $57,068,256 for 38 projects. The entire six year CIP includes proposed funding of $201,529,400 for 112 projects. The 2003 CIP budget constitutes 28 % of the 6 year projection. GENERAL FUND The general fund pays for new facilities and additions or alterations to existing facilities which are not related ta city growth (i.e. level of service improvements and existing needs) as scheduled in various departmentOs Master Plans. The money for this fund comes from many different sources and is allocatedfor capitalprojects that meet city goals and are not growth related. The departments which usually draw from the general fund for CIP projects are: FAM, Fire, Police, Library, Informatian Technolagy, and Housing and Human Services For the years 2004-2006, three projects have been identified as unfunded nro~ramed capital needs in the General Fund. The proposed 2003-2008 General Fund CIP is $2Q625,000 - 10 percent of the six year projection. • Nearly $20 million is projected to be needed for the ex~ansion of the Main Librarv. This would provide approximately 35,000 SF of additional space at the Main Library to expand the children's area and renovate existing mechanical, electrical and communications systems. Funding is expected to come from a Library Improvement Bond planned to be o~ tlie ballot in 2003. • An estimated $125,000 is needed for Grandview Terrace Bun~alow Relocation. The city has signed an agreement to remove asbestos and other hazardous materials and move the bungalow to the Grandview • Preserve. Not included in this estimate are costs related to preservation or reconstruction of historical elements. • Funding is needed to purchase 1 to 2 acres of land to hold in reserve for the eventual relocation of the Meadows Branch Librarv to a permanent location should that be necessary. DEDICATED FUNDS CAPTTAL DEVELOPMENT FUND (CDF) (Previously called the Development Excise Tax or DET~ Funding for CDF projects is frorrz the assessment of Development Excise Taxes on new development. The proposed 2003-2008 Capital Development Fund (CDF) CIP is $2,480,000 - less than one percent of the six year projecrion. Two projects are scheduled for funding in 2003 for a total of $50,000. These proposed projeets constituCe 1% of Yhe 2003 CIl'. Major Issues and Projects: $1.5 million is projected for 2004-2005 for public safety facilitv imnrovements. The police department has requested additional space be consWcted for an indoor or outdoor firing range to maintain proper levels of firearms training. This project may be completed in conjunction with construction of the Fire Training Canter at Valmont Butte or may be done as a separate project u The Facilides & Asset Master Plan, accepted in 1998, identified the need for funding small facility projects • related to growth at the discretion of the FAM Manager. $30,000 from the DET fund is proposed for miscellaneous facility DET Projects. Past uses of the money have included the remodel of the Uni-Hill Police Annex, the Municipal Building west plaza. No projects have been identified to date for the 2003 funding. The Facilities & Asset Master Plan identified the need for the creation of small plazas, pocket parks and other municipal spaces related to new development. $20,000 from CDF funding is proposed yearly for public plaza s~ace. The intent of the appropriation is for the city to capture opportunities to create small public spaces in conjuncuon with private development of sites. Past uses of the money have included the west side of the municipal building and the landscaped area in front of the teahouse. Some of this funding carried over from past years will be used for the North Boulder Branch Library exterior walkways, lighting, furnishings, planters, etc. rACILITY RENOVATION AND REPLACEMENT FUND Funding for Faciliry Renovation and Replacement Fund projects is from a contribution by the General Fund equal to 1% of the current replacement value of General Fund facilities and from restricted fund departments as annual contributions to the fund. The proposed 2003-2008 Faciiity Renovation and Replacement Fund CII' is $2,8'7Q000 - 1% of the six year projection. $625,000 is allocated in 2003 for four projects. These projects make up 1% of the 2003 CIP. Major Issues and Projects: • Remodel Fire Stafion #2 - This fire station located at 2225 Baseline Road was built in 1958 and is in need of modernization. This project will remodel the interior of the facility and provide a noise mitigation • system to reduce noise levels caused by the high volume of traffic along Baseline. Provide Additional Municipal Space - DepartmentslDivisions needing additional space include Planning & Development Services, Housing & Human Services, Informafion Technology, and okhers. This project will implement the recommendations made by a consultant and staff in a recently compleCed downtown space analysis and program plan for existing facilities. It will also include renova6ng existing buildings to accommodate new uses. This project is planned for 2003 - 2004. Additional funding in 2001 and 2002 from the Capital Development Fund will be carried over to fund the portion of additional space attributable to growth. PUBLIC SAFETY BALLOT FUND The Public Safety Ballot Fund is a combination sales and property tax that was passed in 1997 to fund public safety improvements. No projects in the Public Sa£ety Ballot Fund are proposed for capital funding in 2003-2008. OPEN 5PACE FUND The proposed 2003-2008 Open Space Fund CIP is $11,100,000 - 3% of the six year projection. These projects total $1,850,000 for 2003, constituting 6% of the CIP for 2003. 2 • Major Issues and Projects: • • The proposed Open Space 2003 CIP conunues the funding during the period 2003-2008, for Acquisitions. Proposed funding for trails rehabilitation, construction, and major maintenance has been decreased From previous Funding ]evels due to sales tax revenue reductions. • Funding levels for the Water Riehts and Mineral Rights Proerams ue significantly decreased in this CIP due to sales tax revenue reductions. These programs provide funding to purchase water shares or mineral interests from private owners as they become available on the real estate market. LOTTERY FUND The proposed 2003-2008 Lottery Fund CIP is $1,216,000 - 1% of the six year projection. Two open space and mountain parks projects aze included. These projects total $472,000 for 2003, constitu6ng 1% of the CIP for 2003. There are no parks and recreation capital projects planned with (ottery funding. Major Issues and Projects: • Sunrise Circle Amuhitheater Accessibilitv Project. The Sunrise Amphitheater was built in 1933-1934 by the Civilian Conservation Corps to bene£it the citizens of City of Boulder. Construction of an accessible trail from the Sunrise Amphitheater parking area to the amphitheater stage is required for the city to be in compliance with the Americans with Disabilities Act (ADA). The project will include construction of an accessible trail and renovation of the historic amphitheater. • Historical Structures Stabilization and Pre-Historic Site Protection. Open Space & Moantain Parks lands have several identified historic structures and pre-historic sites. Cultural resource inventories are completed for most of the Open Space & Mountain Pazks lands. These inventories include information • on the historic and pre-historic significance of identified stmctures and sites. Recommendations contained in the inventories will be used to stabilize and protect the significant structures and sites. Nine structures are proposed for stabilization and protection, including two listed on the National Register of Historic Places. PARKS & RECREATION FUNDS Parks & Recreation Depanment funding comes frorrt various sources including fees, development excise tares, ballot issue bonds, Ioltery fund monies, eta The various fund.s are specific regarding nllowed uses and mnny projects receive funding from more than one funding source. Capital projects aze funded from the Permanent Parks and Recreation Fund and the 1995 Ballot Fund. Capital projects for 2003 have $2,107,756 proposed - 6% of the 2003 CII'. Parks & Recreation projects for the 6 year CIP have $ll,363,900 proposed for funding, constituting 4% of the 6 year CIP. Major Issues and Projects: • Capital funding reductions due to sales tax revenue decreases in thase funds change projected funding from previous years for development of the Foothills Community Park and NeiQhborhood / pocka~ark develo~ment. • The CIP proposal For neighborhood(pocket park develo~ent would fund ongoing design and development of several existing undeveloped parksites per year. The Parks and Recreation Advisory Boazd prioritizes pazks to be developed based upon cifizen need and staff input. Parks sites to be prioritized over fu[ure years as funding allows include Dakota Ridge, the Ellcs site, east side of Eben Fine park, Fortune, • Hickory, Holiday Drive-In, Mesa Memorial, Violet, and the west side of the Justice Center. 3 TRANSPORTATION FUND AND TRANSPORTATION DEVELOPMENT FUND • Funding for city transportation projects comes from several different sources. The transportation Fund is primarily supported by the dedicated sales tax, Highway Users Tax, County Road and Bridge fund, and State Highway Maintenance and Lundscape Funds. The proposed 2003-2008 Transportation Fund CIP is $35,853,500 - I8% of the six-year projection. Thirteen projects are proposed for funding in 2003 for a total of $7,591,500. These projects constitute 13% of the 2003 citywide CIP. Major Issues and Projects: • 28`h Stceet-20Q0 - 28`h Street fmm Baseline Road to Iris Avenue is identified as the top priority corridor in the city's multi-modal grid. Implementation of the 28°i Street - 2000 Project continues to be the highest priority of the Capital Improvements Program. South segment (Hello Boulder) funding of $4.3M (includes $1.1M in TEA-21 funding) is programmed in 2002 and 2003. The public inpat, design and approval process is complete for the north segment (Service City) with the middle segment (New Town) to follow. Funding for the north segment of $9.3M (includes $3.8M in TEA-21 funding) is programmed starting in 2004. • Broadway Reconstruction - Funding of $8.8M (including $6.2M in TEA-21 and CDOT funding) has been appropriated for this project through 2003. Project will involve replacement of the bridge over Boulder Creek, structural replacement of the roadway, pedestrian, bicycle, and transit facility e~hancements. Construction will begin in Spring 2002 and take approximately one year to complete. • Transit Prioritv Imnrovements (Broadwav. 28`n Street. Arapahoe Avenue) - A description of the project is provided in the 2003 TIP program section below. The Broadway/Table Mesa queue-jump • will be constructed in 2003. The 28'" Street and Arapahoe Avenue projects would be coordinated with the respective City of Bouldec and Colorado Department of Transportation projects. Funding for ciry transportation development projects come from the Transportation Excise Tax. Growth related projects are funded from this fund. The proposed 2003-2008 Transportation Development Fund CIP is $7,506,000 - 4% of the city-wide six year projection. Four projects are scheduled for funding in 2003 for a total of $1,422,000. These projects constitute 2% of the 2003 citywide CIP. Major Issues and Projects: • Colorado Avenue (28'h Street to 30'h Street) Bikelanes - The design and approval process for the south segment of 28~' Street (Hello Boulder) identified the need to complete the bicycle system in the area including 6ikelanes on Colorado Avenue. As part of the 28'h Street project, hikelanes will be constnacted between Folsom Avenue and 28`~ Street. Through the overlay program bikelanes have been striped From 30`" Street east to Foothills Parkway. Funding of $940,000 for the last remaining segment between 28`h Street and 30`h Street is identified in 2002 and 2003 of the CIP. Violet Avenue (Broadwav to U.S. 36) - Violet Avenue is currently a narrow (22'-24' wide) mral county-standard roadway. It lacks adequate drainage, bicycle and a continuous pedestrian sidewalk system. In recent years residential development has occurred precipitating the need to upgrade the street to city standards. Improvements envisions include continuous sidewalks on both sides of the street, on-street bikelanes, lefr-tum lanes where necessary, street drainage and traffic mitigation. The 4 • public input and design process is slated for 2004. Funding of $2.2M has been identified in 2005 and • 2006 to construct the improvements. MUNICIPAL AIRPORT FUND The 2003-2008 Municipal Airport CIP is on hold pending the update oF the 1994 Boulder Municipal Airport Master Plan. FAA airport improvement program funding is anticipated to be available in 2003. Completion of the Airport Master Plan is then anticipated for 2004. UTILITIES FUNDS Funding for the city's Utilities capital improvement projects is derived from general utility fees and special external agency grants. The primary revenue sources are Plant Investment Fees fPIFs) fram new customers, monthly water sales to customers, and hydroelectric sales to Public Service Company of Calorado (PSCO). Water sales are relatively stable and track the overall growth of the service area. WATER UTILITY FUND The proposed 2003-2008 Water Utility Fund CIP is $44,875,000 - 22% of the six year projection. Thirteen projects aze proposed for funding in 2003 for a total of $11,100,000. These projects make up 19% of the 2003 CIP. Major Issues and Projects: • Continued emphasis on the rehabilitation and improvement of the city's existing water system infrastructure continues, especially in the area of the city's deteriorated water distribution system. This is reflected in funding for the Corroded Waterline Rehabilitation project. • • Water from the Northern Colorado Water Conservancy District (Colorado Big-Thompson project) is anticipated to play an increasingly important role in the City's overall water system deliveries. For this reason construction funding for several projects is included to assure the reliability of the water quality and delivery from the Boulder reservoir Water treatment Plant. • Signifcaat repairs [o the Bazker water system, recently acquired by the City from Xcel Energy, aze needed. Repairs to this water system are necessary to assure safe and reliable water deliveries to the Betasso Water Treatment Plant. (WTP). WASTE WATER UTILITY FUND The proposed 2003-2008 Wastewater Utility Fund CIP is $32,140,000 - 16% of the six year projection. Six projects are scheduled for Wastewater Udtity Fund funding in 2003 for a total of $15,550,000. These projects make up 27% of the 2003 CIP. • Although the actual budgetary impact is unknown, construction funding has been projected for 2004 for potential costs associated with renewal of the City's WWTP discharge permit, including a potential conversion from chlorine disinfection to ultraviolet light disinfection. • Construction funding has been inciuded in the 2003 budget For anricipated improvements to the biosolids handling and dewateringprocess and for a biosolids comnosG~ facility. FLOOD CONTTZOL UTILITY FUND The proposed 2003-2008 Flood Control Utility Fund CIP is $19,000,000 - 9% of the six year projection. Six projeccs are scheduled for Flood Control Utility Fund funding in 2003 (and an allocation of $150,000 to • Tributary Greenways) for a total of $3,800,Q00. These projects make up 7% of the 2003 CIP. 5 • Money is budgeted for flood mitigation along Fourmile Canvon Creek. The money would be used for on- • going study, property acquisition and limited construcdon projects until decisions are reached through the on-going flood midgation planning process. The evaluation and planning effort for South Boulder Creek is continuing. These efforts include (1) risk analysis; (2) flood preparedness; (3) mitigation; and (4) study process, A formal Hydrology Advisory Panel (HAP) has been convened to outline a detailed scope of work to develop and complete an updated hydrology for South Boulder Creek. Conclusions regarding the appropriate flood mitigation have not been reached. Therefore, a relatively small amounC of city funding ($3.0 million) has been included in the CIP for year 2004. Additional funds for this project would require xeprioritization of other capital improvement projects, a higher rate increase in 2004 or beyond, or both. Money is budgeted for Crossroads redevelopment. The existing site is impacted by ttte 100-year floodplain and flood proofing of any new structures will be required. CAGID BONDS The proposed 2003-2008 CAGID CIP is $12,500,000 - 6% of the six year projection. The one project scheduled for CAGID Bond funding in 2003 makes up 22% oF the 2003 CIP. Construction of an underground parking structure on the CAGID owned surface pazking lot at the corner of 9th & Walnut/Canvon is proposed for continued funding in the 2003 C1P. CAGID will finance its portion of the underground parking structure through general obligation bonds. A ballot for these bonds passed in November 1998. • 6 •