2022-2026 Capital Improvement Program.pdf
Contact Darian Nagle-Gamm Depar tment TRANSPORTATION SERVIC
T3023
Pr oject #
Pr oject Name Par king Ramp Automated Par king Equipment
Type Multi-Phase
Useful Life 10 years
MATCH % NONE GRANTEE NONE
TIF DISTRICT None PLAN None
Categor y Parking Operations
Pr ior ity Essential (2)
Total Pr oject Cost: $1,275,000
Description Replacement automated parking equipment in parking ramps.
Status Active
Justification Original equipment installed beginning in 2009. Performance is degrading as equipment is reaching the end of its useful life requiring an increasing amount of staff time to address issues.
Expenditur es EQUIPMENT
Total
2022
2023
2024
2025
2026
Pr ior
1,000,000 1,000,000
1,000,000 1,000,000
275,000
Total
Total
Pr ior
Funding Sour ces
Total
2022
2023
2024
2025
2026
275,000
1,000,000
1,000,000
LANDFILL REPLACEMENT RESERVE
Total
1,000,000
1,000,000
Total
Budget Impact/Other Installing new automated parking equipment at all gated facilities will have a positive effect on the operating budget, reducing the amount of staff time required to attend to malfunctioning equipment. The estimated decrease in operating expenditurs is less than $40,000 per year. Loan payments to the Landfill Replacement Reserve will be approxiamtely $60,000 per year including interest expense for 20 years for a $1 million internal loan.
Contact Darian Nagle-Gamm Depar tment TRANSPORTATION SERVIC
T3025
Pr oject #
Pr oject Name Replacement of LED fixtur es in Par king Facilities
Type One Phase
Useful Life 10 years
MATCH % NONE GRANTEE NONE
TIF DISTRICT None PLAN None
Categor y Parking Operations
Pr ior ity Essential (2)
Description Project to replace all LED fixtures in the Court Street Transportation Center, Capitol Street ramp, Dubuque Street ramp, Tower Place ramp, Chauncey Swan Ramp, and fixtures in other facilities as they age out of production. Justification LED technologies have evolved since our early adoption in our parking facilities nearly a decade ago. Many of the early-style fixtures need to be replaced. During 2021 the fixtures in the Court Street Transportation Center were replaced. This project will allow the replacements of the Capitol Street and Dubuque Street facilities in 2022, and Tower Place and Chauncey Swan facilities in 2023. Total Pr oject Cost: $400,000 Status Active
Expenditur es CONSTRUCTION
Total
2022
2023
2024
2025
2026
200,000 200,000
200,000 200,000
400,000 400,000
Total
Funding Sour ces PARKING FUND
Total
2022
2023
2024
2025
2026
200,000 200,000
200,000 200,000
400,000 400,000
Total
Budget Impact/Other It will cost approximately $10,000 in staff time to replace all fixtures in the Capitol Street facility. The impact on the operating budget is negligible.
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