FY2022
Contact Melissa Clow Department PUBLIC WORKS
S3955
Project #
Project Name N. Gilbert Street Reconstruction
Type One Phase
Useful Life 50 years
GRANTEE NONE
PLAN None
Category Street Operations
MATCH % NONE
TIF DISTRICT None
Priority Essential (2)
Description Reconstruct N. Gilbert Street from Brown Street to the construction limits of the Gateway project just south of Kimball Road. Improvements to include new water main, sanitary sewer, storm sewer, PCC roadway paving and sidewalks on both sides of the roadway. Justification Gilbert Street requires full reconstruction at this time. There is no storm sewer between Brown Street and the new intakes installed with the Gateway project. Sidewalks are located only at the top of the hill, near Brown Street and residents have requested that pedestrian connectivity be provided to them with the roadway improvements. Total Project Cost: $1,437,000 Status Active
Expenditures
Total
2021
2022
2023
2024
2025
PLANNING/DESIGN
150,000
150,000
LAND/ROW ACQUISITION
50,000
50,000
CONSTRUCTION
800,000
800,000
INSPECTION
105,000
105,000
ADMINISTRATION CONTINGENCY
32,000
32,000
300,000
300,000
200,000
1,237,000
1,437,000
Total
Funding Sources
Total
2021
2022
2023
2024
2025
GO BONDS-ESSENTIAL PURPOSE
1,437,000
1,437,000
1,437,000
1,437,000
Total
Budget Impact/Other Replacing aged infrastructure will lower the City's operating expenditures through decreased maintenance costs. The estimated decrease in operating expenses is less than $10,000 per year. This serves as a declaration of official intent under Treasury Regulation 1.150-2 that it is reasonably expected that capital expenditures will be made in respect of the above-described project, such expenditures to be advanced from the Capital Projects fund, and the City reasonably expects to reimburse all or a portion of the expenditures with the proceeds of bonds, notes or other indebtedness to be issued or incurred by the City in the future.
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