01-09-17 Meeting of the La Porte Development Corporation Board

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REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEMITEM January 9, 2017January 9, 2017AppropriationAppropriation Agenda Date Requested:Agenda Date Requested: Fund 038Fund 038 Traci LeachTraci LeachSource of Funds:Source of Funds: Requested By:Requested By: AdministrationAdministrationAccount Number:Account Number: Department: $600,200.00$600,200.00 Report:Resolution:Resolution:Ordinance:Ordinance:Amount Budgeted:Amount Budgeted: Amount Requested:Amount Requested: Exhibits: Budgeted Item:Budgeted Item:YESYESNONO SUMMARY & RECOMMENDATIONSSUMMARY & RECOMMENDATIONS On September 26, 2016, the City Council approved the proposed budget for FY 2017, which began on October 1, On September 26, 2016, the City Council approved the proposed budget for FY 2017, which began on October 1, 2016. As part of the approved budget, the budget for the Development Corporation Board now includes funding 2016. As part of the approved budget, the budget for the Development Corporation Board now includes funding for three projects. These projects are as follows:for three projects. These projects are as follows: Decorative fencing at Wharton Weems at the Golf Course: This project has a scope that includes the Decorative fencing at Wharton Weems at the Golf Course: This project has a scope that includes the installation of masonry pillars with decorative wrought iron fencing, plus removal of existing vegetation and installation of masonry pillars with decorative wrought iron fencing, plus removal of existing vegetation and fencing. Masonry pillars would be placed every 50 feet and the project limits would include approximately fencing. Masonry pillars would be placed every 50 feet and the project limits would include approximately 970 linear feet of fence/pillar on each side of Wharton Weems (north and south). The estimated budget for 970 linear feet of fence/pillar on each side of Wharton Weems (north and south). The estimated budget for this project is $250,000. this project is $250,000. Beautification along Spencer Highway: This project has a scope that includes installation of single wythe Beautification along Spencer Highway: This project has a scope that includes installation of single wythe masonry fencing along Spencer Highway from Farrington to Myrtle Creek. This fence is an engineered masonry fencing along Spencer Highway from Farrington to Myrtle Creek. This fence is an engineered beam that sits on a continuous foundation and is usually a split faced block (with a pattern) that is reinforced beam that sits on a continuous foundation and is usually a split faced block (with a pattern) that is reinforced with rebar and concrete placed in the with rebar and concrete placed in the hollowhollowareas of the block. The total estimated cost for this project areas of the block. The total estimated cost for this project is $680,400. However, Council indicated that the project be funded over two fiscal years with construction is $680,400. However, Council indicated that the project be funded over two fiscal years with construction is $680,400. However, Council indicated that the project be funded over two fiscal years with construction is $680,400. However, Council indicated that the project be funded over two fiscal years with construction to occur in FY18. For the purposes of the FY17 budget, a total of $340,200 is included in the EDC budget.to occur in FY18. For the purposes of the FY17 budget, a total of $340,200 is included in the EDC budget. Community Cooperation Projects: This project has been funded in the general Fund CIP for several years. Community Cooperation Projects: This project has been funded in the general Fund CIP for several years. However, each year there has been a waiting list for community groups that would like to take part in the However, each year there has been a waiting list for community groups that would like to take part in the program. Typically, thereprogram. Typically, theres been at least one project each year that falls within a City park. The funding s been at least one project each year that falls within a City park. The funding included in the EDC budget for the FY17 budget would fund only those projects that fall into this category. included in the EDC budget for the FY17 budget would fund only those projects that fall into this category. The total budget is $10,000, which would provide for two community cooperation projects.The total budget is $10,000, which would provide for two community cooperation projects. As no petition was received regarding these projects, staff is requesting Board approval to declare these three As no petition was received regarding these projects, staff is requesting Board approval to declare these three initiatives a projectsprojectsof the Development Corporation Board. of the Development Corporation Board. Action Required by the La Porte Development Corporation:Action Required by the La Porte Development Corporation: 1.Conduct public hearing.Conduct public hearing. 2.Consider approval or other action to declare Consider approval or other action to declare Decorative fencing at Wharton Weems at the Golf CourseDecorative fencing at Wharton Weems at the Golf Course, Beautification along Spencer Highway, and Beautification along Spencer Highway, and Community Cooperation Projects as projects of the Community Cooperation Projects as projects of the CorporationCorporation.. Approved for the La Porte Development Corporation AgendaApproved for the La Porte Development Corporation Agenda Corby D. Alexander, City ManagerCorby D. Alexander, City ManagerDateDate