San Marcos Creek Specific Plan: Via Vera Cruz Bridge & Improvements Project Description:
Budget & Expense Summary:
Prior Approved Budget: 41,467,021$
Budget Appropriation Increase/(Decrease): 2,800,000$
FY24 Budget: 44,267,021$
40,930,613$ Expended/Encumbered as of May 30, 2024 Available Budget as of June 30, 2024 3,336,408$
Prior Budget
Appropriation
FY 2023-24
Budget
Appropriation
FY 2024-25
Planned
FY 2025-26
Planned
FY 2026-27
Planned
FY 2027-28
Planned Total
Funding Source Summary
PFF (Streets PFF) 6,629,274$ -$ -$ -$ -$ -$ 6,629,274$ TNet LSI 4,754,174$ 2,800,000$ -$ -$ -$ -$ 7,554,174$ Federal HBP 24,522,102$ -$ -$ -$ -$ -$ 24,522,102$ AC Funds -$ -$ -$ -$ -$ -$ -$
No. 2 Bond 57$ -$ -$ -$ -$ -$ 57$
No. 3 Bond 3,621,884$ -$ -$ -$ -$ -$ 3,621,884$ SM Redevelop 5,250$ -$ -$ -$ -$ -$ 5,250$
Other Agency 1,789,280$ -$ -$ -$ -$ -$ 1,789,280$ Develop Deposit 145,000$ -$ -$ -$ -$ -$ 145,000$ 41,467,021$ 2,800,000$ -$ -$ -$ -$ 44,267,021$ Future Years (Beyond current 5 year CIP) -$
Total Project Cost 44,267,021$
Totals
FY 2012-13 Construction 44,267,021$ SM32
This grant-funded project will construct a 445-foot long 4-lane bridge along Via Vera Cruz over San Marcos Creek from Discovery Street to north of the future Creekside Drive. The project will include sidewalks, a multi-use trail, bicycle lanes and safety lighting. The new bridge will replace an existing timber bridge, which is inadequate during storm events resulting in local flooding and blocked access for emergency vehicles and will improve pedestrian safety.
Initial Funding Year Project Phase Total Project Cost RTIP Project Code Project Code Project Type Project Catego ry Target Completion Responsible Dept. 88264 Creek District Improvement Summer 2023 Development Services