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HomeMy WebLinkAboutBella Terra Pedestrian Crossing Project - Linking of Bella T(�, DZIOVI '`�J !f Dept. ID PW 13-036 Page 1 of 2 Meeting Date: 7/1/2013 CITY OF HUNTINGTON BEACH REQUEST FOR CITY COUNCIL ACTION MEETING DATE: 7/1/2013 SUBMITTED TO: Honorable Mayor and City Council Members SUBMITTED BY: Fred A. Wilson, City Manager PREPARED BY: Travis K. Hopkins, PE, Director of Public Works SUBJECT: Authorize appropriation of funds for the Bella Terra Pedestrian Crossing Project Statement of Issue: The City received $250,000 in development funds for the proposed Bella Terra Pedestrian Crossing. Funds received by the City are deposited as revenue. A separate Council Action is required to appropriate the funds to an expenditure account. Financial Impact: None. Any unspent funds will be returned to the developer. Any City funds required to fund the project would be submitted as part of the annual budget process or by separate Council Action. Recommended Action: A) Authorize appropriation of $100,000 to Infrastructure Fund expenditure account 31490001.82800 for the Bella Terra Pedestrian Crossing Project; and, B) Authorize the Finance Director to appropriate additional funds in the future, as needed, up to a total of funds received from the developer(s), to fund the Bella Terra Pedestrian Crossing Project. Alternative Action(s): Do not authorize the appropriation and instruct staff on how to proceed. Analysis: As part of the ongoing development of Bella Terra/Costco and Boardwalk, a pedestrian crossing linking the two developments is proposed in order to provide a more convenient and pedestrian - friendly connection between the two developments. The connection requires crossing the existing railroad tracks and channel. The recommended connection would involve a small bridge over the flood control channel and an at -grade crossing of the railroad tracks. Gaining approvals for an at -grade railroad crossing from both the railroad and the Public Utilities Commission (PUC) is likely to be challenging and involve significant studies and reviews. Final approval by the PUC is not a certainty, but staff believes there is reason to be optimistic that such a crossing has the potential to be approved given the current use of the tracks. Staff does not believe that a full, grade -separated crossing of the railroad tracks is financially feasible and is not recommended. H B -41- Item 4. - 1 Dept. ID PW 13-036 Page 2 of 2 Meeting Date: 7/1/2013 Boardwalk's development agreement calls for a deposit of $250,000 to help fund the planning, design, permits and construction of the project. This payment was recently received and deposited into the Infrastructure Fund as a holding account. Pursuant to the terms of their Development Agreement, an additional $250,000 from DJM Capital is also required after permits for the PPI have been approved by the City, following approval by the railroad and PUC. In addition to the initial $100,000 appropriation requested, staff is seeking authorization to appropriate additional funds, as required, to fund the project up to the total funds received from the developers. Environmental Status: Any environmental review of the project would come in later phases prior to construction. Public Works Commission Action: Not applicable Strategic Plan Goal: Improve the City's infrastructure Attachment(s): None Item 4. - 2 HB -42-