06-25-2018 BPU RPT 14 - Laserfiche WebLink

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RIVERSIDE PUBLIC UTILITIES �. Board Memorandum P U B L I C U T I L I I 1 L 5 BOARD OF PUBLIC UTILITIES DATE: JUNE 25, 2018 ITEM NO: 14 SUBJECT: PLANNED ROUTINE CAPITAL PROJECTS OVER $500,000 FOR ELECTRIC FOR FISCAL YEAR 2018-19 — $19,300,000 ISSUE: Receive report and presentation highlighting capital improvement projects over $500,000 planned for Electric for fiscal year 2018-19 with a total budget of $19,300,000. RECOMMENDATION: That the Board of Public Utilities receive this report highlighting planned Electric capital improvement projects over $500,000 for a total of $19,300,000 for fiscal year 2018-19. BACKGROUND: On May 14, 2018, the Board of Public Utilities (Board) voted to recommend that the City Council approve the Electric and Water annual Capital Improvement Program (CIP) budget funds for fiscal year (FY) 2018-19, including a capital outlay of $19.3 million for the electric system. The City Council approved the annual budget for FY 2018-19 at their meeting on June 12, 2018. DISCUSSION: The attached presentation is to provide the Board with a highlight of the importance of the routine infrastructure projects over $500,000 planned for FY 2018-19. Discussion of these projects at the beginning of the fiscal year will provide context and familiarity for Board regarding individual project actions throughout the fiscal year. The projects include the following: No. Electric Budget E1 Cable Replacement (Canyon Crest Area 1 F, Phase 2) $2,000,000 E2 Cable Replacement (Canyon Crest Area 2 & 3, Phase 2) $2,900,000 E3 4-12kV Conversion (Plaza Circuit 441) $2,000,000 E4 4-12kV Conversion (Plaza Circuit 448) $1,000,000 E5 Neighborhood Street Light Replacement Phase 3 $2,100,000 E6 GO 165 Repair/Replacement-Overhead (Pole Replacement) $1,900,000 Page 186