Project Financial Summary
Project Costs Revenues Operating Costs
Prior Actual - - -
2024-25 - - -
2025-26 836,000 -
2026-27 - - -
2027-28 - - -
2028-29 - - -
2029-30 - - -
2030-31 - - -
2031-32 - - -
2032-33 - - -
2033-34 - - -
2034-35 - - -
2035-36 - - -
2036-37 - - -
2037-38 - - -
2038-39 - - -
2039-40 - - -
2040-41 - - -
2041-42 - - -
2042-43 - - -
2043-44 - - -
2044-45 - - -
20 Year Total 836,000 -
Grand Total 836,000 -
Project Description/Scope/Purpose
This project provides funding for the construction for replacement of traffic signal underground conduits and signal pole structures at the intersection of Sunnyvale Avenue and California Avenue, which is at the end of it’s estimated life span and is not economical to maintain. Underground cables and conduits have a life expectancy of approximately 35 years.
Project Evaluation and Analysis
This budget was created because available federal funding was awarded in the amount of $836,000 for this project, additional funds requested is to fund the remaining amount needed to complete construction of the project.
Fiscal Impact
The total project cost is $1,366,212. The project is funded by the Housing Incentive Pool (HIP) Program Grant Funds ($836,000) and the Project 836340 -Transportation and General Fund Grant Matching ($156,705), which is the City's 11.47% local match.The The budget provided is sufficient for the construction of the traffic signal system at the intersection of Sunnyvale Ave and California Ave.
Funding Sources
Housing Incentive Pool (HIP) Program Grant Funds and Project 836340 -Transportation and General Fund Grant Matching.
Plans and Goals
CC - Community Character - CC-1: Distinguished City Image LT - Land Use and Transportation - LT-3: An Effective Multimodal Transportation System 837690 - Sunnyvale Avenue/California Avenue Traffic Signal Upgrade Originating Year: 2025 Project Type: Traffic and Transportation Department: 250 - Public Works Planned Completion Year: 2026/27 Category: Infrastructure Project Manager: Joe Nguyen Attachment 3