HomeMy WebLinkAbout07-15-2014 b3 PPP Highland Entry Monument.pdfHighland Entry Monument
Council Meeting July 15, 2014
Background
$304,000 Scenic Byways Grant through SLOCOG – 3 Communities
San Luis Obispo
Cambria
San Simeon
Each Community responsible for design & local approvals
SLOCOG responsible for state/federal approvals, construction
documents, bidding, construction management
Costs higher than expected ($274,000 shortfall)
SLOCOG requesting each community to contribute to cost
City of SLO portion = $125,000
SLOCOG needs funding commitment to continue project
This grant opportunity is unique and may not be available again
HIGHLAND ENTRY
MONUMENT
Recent Prior Actions
June 4, 2014 SLOCOG Board authorized additional $99,000 from
Regional State Highway Account
San Luis Obispo County contributed $40,000
San Simeon Business Alliance contributed $10,000
May 14, 2011 City of San Luis Obispo PCC approved match with a
request their funding be restored in next budget cycle.
HIGHLAND ENTRY
MONUMENT
Scenic Byway Community Gateway Project
HIGHLAND ENTRY
MONUMENT
Funding Source Amount
Scenic Byways Grant $304,000
RSTP-RSHA (SLOCOG) $180,000
City of SLO $125,000
County of SLO $40,000
San Simeon Business Alliance $10,000
Total Project Budget $659,000
Recommendations
1.Approve funding transfers to the City Gateways project construction
account totaling $125,000 as follows:
a)$15,000 from the City Gateways design account;
b)$55,000 from the Completed Projects account; and
c)$55,000 from the Directional Sign Program project accounts
($30,000 from design and $25,000 from construction)
2.Approve a $125,000 match, as requested by the San Luis Obispo
Council of Governments, in support of construction of the Highland Entry
Monument project.
3.Direct staff to return funds back to original accounts, in the event the
Highland Entry Monument Project does not move forward.
4.Direct staff to submit CIP Requests in the 2015-17 budget process to
replace the $55,000 Directional Sign Program funds.
HIGHLAND ENTRY
MONUMENT
Wayfinding Sign Funding
WAYFINDING PROGRAM
UPDATE
Design Construction
(Fabrication/Install)
Total
Current Budget: $40,000 $84,000 $124,000
Transfer to Highland Project ($30,000) ($25,000) ($55,000)
14/15 New Allocation-July $30,000 $35,000 $65,000
Available July for next
project:
$40,000 $94,000
$134,000
Next Project: Design of
Maps/Kiosk
Directional Signs
Project 1
(25-30 signs)