City Council Minutes 2013 10 08 SP

Home Browse Search

City Council Special Meeting Minutes October 8, 2013 Page 2 of 12 1. Flood Reconstruction 2. Major Capital Projects 3. Street Resurfacing 4. Maintaining Core Service Levels 5. Implementing Top Priorities in the City's IT Strategic Plan 6. Expanding Services 7. Improving Accountability He explained at the October 1st City Council meeting, Council requested more detail regarding transfers between funds and how funds are allocated for flood efforts. He reviewed the schedule of flood reconstruction projects from the 2014 -2018 CIP. 2014 recommended budget is as follows: Project Description Trails Reconstruction Public Works Reconstruction Golf Course Reconstruction Totals Project Cost $1,000,000 1,000,000 6,500,000 $8,500,000 FEMA Grant $750,000 $4,875,000 $5,625,000 FHWA Net Project Grant Cost $ 250,000 $750,000 $ 250,000 $1,625,000 $750,000 $2,125,000 City Manager Fleming noted the numbers may change significantly, but in all cases the City is anticipating receiving reimbursements up to 75% from FEMA and possibly 85% from the Federal Highway Authority. The table reflects the anticipated revenue and replacement costs. He noted the reconstruction cost for the bridge has significantly increased and the projections do not include the replacement cost for the water intake facility at Eldorado Springs. Public Works Director Kowar reported on meetings with the Federal Highway Authority on the design concept for the new bridge, which has increased the replacement cost from $1 Million to $2.1 Million dollars. It is estimated the City's water intake structure will be on line on October 9th. Staff will meet with the City's consultant for design and reconstruction of the facility next week and will provide cost estimates. A new design will improve the day to day operations and save on the number of man hours to monitor and change flow of the water. Mayor Muckle inquired about the meetings with FEMA relative to the Golf Course. City Manager Fleming reported on a tour of the golf course with FEMA. Deputy City Manager Balser reported the golf course repairs are covered however it is a question of what is reimbursable. Staff will be making applications for those reimbursements. City Manager Fleming reviewed two tables, which summarized the transfer between funds. The General Fund will transfer $5,000,000 to the Capital Project Fund primarily for flood reconstruction; $1,625,000 to the Golf Course Fund. The reconstruction of the golf course is estimated to be completed by July of 2014.