03-09-2004 CC RPT 19 - Laserfiche WebLink

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CITY OF RIVERSIDE tFAmerica People Serving People HONORABLE MAYOR, CITY COUNCIL AND AGENCY MEMBERS DATE: March 9, 2004 ITEM NO: t9 SUBJECT: CONSTRUCTION FOR FURNISHING AND INSTALLING THE RIVERSIDE CANAL REHABILITATION PROJECT, SOUTH REACH AREA-BETWEEN WINSTROM AND JEFFERSON STREETS - FUND TRANSFER~ CASA BLANCA PROJECT AREA BACKGROUND: The Board of Public Utilities at their regular meeting of February 20, 2004 approved and recommended that the City Council award a contract for the, construction of the Riverside Canal Rehabilitation Project, South Reach Area. The City Council will consider approval of this project at their meeting of March 9, 2004. Development Department staff is requesting that an additional component be added to the contract for the rehabilitation of the canal be[ween Winstrom and Jefferson Streets, in the area immediately behind the Hertz, Subaru and Kia auto sales facilities. CURRENTISSUES: The Riverside canal runs through a portion of the Casa Blanca Project Area. Staff is proposing improvements to the Riverside Canal between Winstrom and Jefferson Streets where a portion of the canal is uncovered. Improvements will consist of undergrounding the canal by constructing reinforced concrete pipe. Staff is often faced with challenges in identifying site locations for new and/or expansion of businesses in the area. The opportunity to cover the canal in this area would allow additional land availability for new business growth and expansion. Additionally, a covered canal not only maintains water quality but also significantly reduces the ongoing maintenance costs associated with an open canal. The recommendation going before City Council on March 9, 2004 is to award the Project, Bid No. 6119, to the lowest bidder, Yeager Skanska of Riverside, California. The added component between Winstrom and Jefferson Streets is comprised of approximately 610 feet of reinforced concrete pipe at $250 per linear feet. Staff is seeking Agency's approval for the additional funding and construction of the Riverside Canal Rehabilitation Project, not to exceed $152,500, subject to City Council's approval of the Project. In addition, pursuant to Health and Safety Code Section 33445, the City Council and Redevelopment Agency are required to adopt resolutions making certain findings regarding the construction and installation of the public improvements within the Casa Blanca Project Area prior to contract award. FISCAL IMPACT: The proposed added component of the Riverside Canal Rehabilitation Project, South Reach Area is estimated at a cost not to exceed $152,000. Sufficient funds currently exist in the Casa Blanca Madison Street Improvement Project, Account Number 9726300-440446 for transfer to a new account for Riverside Canal Rehabilitation Project. Property owners in the area may be interested in utilizing the covered area of the canal for future business opportunities or expansions, therefore, offsetting Agency costs of the project. 19-1