FY2023 Adopted Budget
TRANSPORTATION SERVIC
Department
T3023
Project #
Darian Nagle-Gamm
Contact
Project Name Parking Ramp Automated Parking Equipment
Multi-Phase
Type
10 years
Useful Life
GRANTEE NONE
PLAN None
Parking Operations
Category
MATCH % NONE
TIF DISTRICT None
Essential (2)
Priority
Total Project Cost: $1,275,000
Description Replacement automated parking equipment in parking ramps.
Active
Status
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.
Expenditures
Total
2022
2023
2024
2025
2026
Prior
EQUIPMENT
1,000,000
1,000,000
275,000
1,000,000
1,000,000
Total
Total
Prior
Funding Sources
Total
2022
2023
2024
2025
2026
275,000
LANDFILL REPLACEMENT RESERVE
1,000,000
1,000,000
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.
TRANSPORTATION SERVIC
Department
T3025
Project #
Darian Nagle-Gamm
Contact
Project Name Replacement of LED fixtures in Parking Facilities
One Phase
Type
10 years
Useful Life
GRANTEE NONE
PLAN None
Parking Operations
Category
MATCH % NONE
TIF DISTRICT None
Essential (2)
Priority
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 Project Cost: $400,000 Status Active
Expenditures
Total
2022
2023
2024
2025
2026
CONSTRUCTION
200,000
200,000
400,000
200,000
200,000
400,000
Total
Funding Sources
Total
2022
2023
2024
2025
2026
PARKING FUND
200,000
200,000
400,000
200,000
200,000
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.
640
Made with FlippingBook - Online Brochure Maker