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HomeMy WebLinkAbout04 - Capital Program Update - PowerPoint 3 (Staff)* I Note some amounts are approximate as all cost are not reconciled to date Capital Improvement Program - Major Projects Needing Further Council Direction and /or Funding Committment Project Current Cost Current Project Amount Additional �.. No. Name Estimate Stage Invested to Funds Planned Funding Source Direction Date* Required General Fund 1 West Coast Highway Landscape Rehabilitation $ 4,000,000 60% Design $ 412,868 $ 3,500,000 00 0 00 2 Balboa Island Seawall Rehabilitation $20 - $70 mil Finalizing Design Scope $ 222,800 $20 - $70 mil Tidelands 00 0 00 3 CdM Entryway Improvement Project $ 470,000 60% Design $ 56,100 $ 410,000 CdM BID, General Fund 00 0 •o 4 Semeniuk Slough Dredging $ 1,000,000 20% Design $ 243,296 In Current Budget Tidelands 60 0 00 5 15th St Rehabilitation / Balboa Blvd Landscape Improvements (12th St to 21st St) $ 4,000,000 Ready for Concept Review & Approval $ 76,970 $ 4,000,000 50% Gas Tax, 50% GF 00 0 00 6 Corona del Mar Fire Station No. 5 / Library Replacement $ 6,750,000 Ready to Award Concept & Design $ 2,500 $ 6,750,000 Facility Financing Plan 00 0 013 7 Lido Fire Station No. 2 Replacement $ 6,750,000 Need Identified $ - $ 6,750,000 Facility Financing Plan 00 0 013 8 Balboa Village CAP Improvements $ 3,720,000 Concept Approved $ 392,750 $ 3,520,000 Facility Financing Plan 00 0 013 Balboa Village Fagade Improvements $ 220,000 Concept Approved $ 220,000 00 0 00 Balboa Village Streetscape $ 3,000,000 Concept Approved $ 3,000,000 00 0 00 Balboa Village Way- finding Signage $ 570,000 Concept Approved $ 370,000 00 0 00 9 Newport Pier Building $ 2,720,000 Need Identified $ 25,000 $ 2,720,000 Tideland, General Fund 00 0 00 Underlying Pier Rehabilitation & Utilities $ 1,500,000 Need Identified $ - $ 1,500,000 Tidelands 00 0 O0 Building Condition & New Building Shell $ 1,250,000 Use Assessment $ - $ 1,250,000 General Fund 11110 0 00 Completed Building Tenant Improvements N/A Need Identified $ - NA Private Party Lessee 00 013 013 10 Mariners Mile Configuration and Land Use Review /Study NA Some Study Reviewing Circulation , $ 24,800 NA General Fund 00 013 1110 11 Balboa Village Fine Arts Center $ 5,800,000 Concept $ 20,000 $ 5,800,000 Facility Financing Plan 00 013 013 12 Lower Castaways Park $ 5,500,000 Concept $ 38,755 $ 5,500,000 Facility Financing Plan 00 013 00 13 Superior Avenue / Coast Highway Pedestrian Crossings /Sunset View Park NA Need Identified $ 5,000 NA Facility Financing Plan 013 413 010 14 Future Dog Park (Approx 1 -2 acres in size - land cost not included) $825K - $1,600K Need Identified $ - $825K - $1,600K General Fund 00 00 00 15 Big Canyon Water Quality & Restoration Wetlands $ 3,067,169 RRMP Planning $ 436,795 $ 74,389 Contributions, Grants, General 013 0 �0 Underway Fund 16 Newport Blvd. Landscaping Improvements (21st Street to 30th Street) $ 900,000 Need Identified $ - $ 700,000 General Fund 00 IF E3 013 17 Balboa Blvd. Landscape Improvements (Medina Way to 12th St) $ 1,200,000 Need Identified $ - $ 1,200,000 General Fund 00 00 00 18 CdM Traffic By -Pass N/A Need Identified $ - N/A General Fund, Other 90 00 00 19 Corporation Yard /Utility Yard Merger $ 10,000,000 Concept ?? $ 10,000,000 Facility Financing Plan 00 0 013 20 West Newport Community Center N/A Concept ?? N/A Facility Financing Plan 90 0 G0 * I Note some amounts are approximate as all cost are not reconciled to date