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Item C: Review of Implementation of Street Bond Measure
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Item C: Review of Implementation of Street Bond Measure
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2/15/2013 9:41:51 AM
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2/14/2013 3:09:18 PM
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Agenda Item Summary
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2/20/2013
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As noted in previous reports to the SRRP, construction bids, innovative treatment technologies, <br />and other variables substantially reduced project costs through the first three years of the bond. <br />The total budget for bond projects constructed in 2009 through 2012 was $30,507,000 (in 2008 <br />dollars); total expenditures were approximately $25,265,000. As noted above, in 2011 City <br />Council approved 22 additional streets to be repaired with any remaining bond funds. At this <br />time, it is projected that the cost of the 22 additional streets is $16.8 million. The City plans to <br />construct 10 of the additional street sections in 2013 with remaining bond funds, with the <br />remaining 12 street sections to be constructed between 2014 and 2016 with local gas tax funds. <br />2012 Bond Construction Projects <br />The following pages are reports on individual street projects. The total costs for each project <br />listed are estimated as not all of the 2012 construction - related costs have been finalized as of <br />December 1, 2012. <br />2012 SRRP REPORT <br />In -place road recycling on Augusta Street <br />
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