HomeMy WebLinkAboutRDA TRAFFIC SIGNAL 11-18-85AGEND
DATE:
NOVEMBER 13, 1985
REDEVELOPMENT AGENCY
NO. 7
11-18-85
Inter- Corn
TO:
FROM:
S U BJ ECT:
WILLIAM HUSTON, EXECUTIVE DIRECTOR
TUSTIN COMMUNITY REDEVELOPMENT AGENCY
BOB LEDENDECKER, DIRECTOR OF PUBLIC WORKS/CITY ENGINEER
NEWPORT AVENUE AT SIXTH ST./WALNUT ST. TRAFFIC SIGNAL
RECOMMENDATION:
That the Tustin Community Redevelopment Agency, at their meeting of November 18,
1985, authorize a supplemental budget appropriation in the amount of $41,500.00
for a traffic signal installation at Newport Avenue and Sixth Street/Walnut
Street.
BACKGROUND:
Carver Development Co. is the developer for the parcels of land along the westerly
side of Newport Avenue between Main Street and E1Camino Real. These parcels are
being developed as a commercial type development between Main Street and Sixth
Street and as an office development between Sixth Street and E1Camino Real.
The Tustin Community Redevelopment Agency has obligated itself to participate in
certain public street improvements along Newport Avenue, Main Street, Sixth Street
and E1 Camino Real.
DISCUSSION:
A condition of approval of this development was the requirement for the
installation of a traffic signal at the intersection of Newport Avenue and Sixth
Street wherein the development would be responsible for fifty percent (50%) and
the City would be responsible for the remaining fifty percent (50%) of the total.
estimated cost of $81,000.00.
The current 1985-86 Capital'Improvement Budget does not include any funding for
this project. The scheduling of public improvements for the Carver development
would dictate the design for said signal be commenced as soon as feasible so that
the signal installation can be coordinated with the installation of other public
improvements sometime in spring of 1986.
Staff is requesting that the Tustin Community Redevelopment Agency authorize a
supplemental $40,500.00 budget appropriation for the 1985-86 fiscal year as the
Agency/City share of the traffic signal installation at Newport Avenue and Sixth
Street/Walnut Street intersection. Total estimated cost for this installation is
$78,000.00 and $3,000.00 for the traffic signal and engineering design
respectively.
Bob Ledendecker
Director of Public Works/City Engineer
~ BL:jr