DIF-Park & Rec Improvements
1,040,000
1,040,000
DIF-Quimby
440,000
440,000
Measure s
2,400,000
777,649 500,000 500,000 500,000 500,000 500,000
5,677,649
Total Funding
3,880,000
777,649 500,000 500,000 500,000 500,000 500,000
7,157,649
Future Operating & Maintenance Costs:
Total Operating Costs
184
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City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
RONALD REAGAN SPORTS PARK CHANNEL SILT REMOVAL
Parks/Recreation Project
Project Description: This project will include excavating, hauling away, and disposing of silt in the channel location in Ronald Reagan Sports Park, and the desiltation pond west of the sports park, as well as mitigation.
Benefit: This project increased the flow capacity of the channel in order to prevent flooding in the sports park, and increased the capacity of the pond to hold storm water and reduce down stream sedimentation.
Core Value: A Safe and Prepared Community
Project Status: The project and the five-year maintenance period are complete. The City is working to obtain sign off for the mitigation site from the resource agencies.
Department: Public Works - Account No. 210.265.999.187 / PW05-13 Level: I
2022-23
Prior Years
2021-22 Proposed 2023-24 2024-25 2025-26 2026-27
Total Project
Project Cost:
Actuals
Adjusted Budget Projected Projected Projected Projected Cost
Administration
187,269
187,269
Construction
242,382
2,681
245,063
Design & Environmental
242,567
25,086
267,653
Total Expenditures
672,219
27,767
699,986
Source of Funds:
General Fund
461,366
461,366
Proposition 42
88,000
88,000
Reimbursements
150,620
150,620
Total Funding
699,986
-
699,986
Future Operating & Maintenance Costs:
Total Operating Costs
185
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RONALD REAGAN SPORTS PARK HOCKEY RINK
Parks/Recreation Project
Project Description: This project will include the renovation of the existing hockey rink to install new flooring material and arena style roof structure.
Benefit: This project will upgrade the existing aging facility and provide state- of-the-art recreation opportunity for the City's residents. In addition, this project satisfies the City's Core Values of a Healthy and Livable City, A Safe and Prepared Community, and Accountable and Responsive City Government.
Core Value: Healthy and Livable City
Project Status: This is a new project.
Department: Public Works - Account No. 210.290.999.223
Level: I
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
2022-23
Prior Years
2021-22 Proposed 2023-24 2024-25 2025-26 2026-27
Total Project
Project Cost:
Actuals
Adjusted Budget Projected Projected Projected Projected Cost
Administration
10,000
10,000
Construction
720,000 450,000
1,170,000
Design & Environmental
20,000
20,000
Total Expenditures
750,000 450,000 -
1,200,000
Source of Funds:
Measure S 750,000 450,000 1,200,000
Total Funding 750,000 450,000 1,200,000
Future Operating & Maintenance Costs:
Total Operating Costs
186
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City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
RONALD REAGAN SPORTS PARK PUMP TRACK SHADE STRUCTURE
Parks/Recreation Project
Project Description: This project will provide for the installation of shade structures adjacent to the Ronald Reagan Sport Park Pump Track and launch pad area.
Benefit: The shade structure will provide shade for users waiting to enter the pump track area. this project protects the City's vast investment in parks and open space facilities. In addition, this project satisfies the City's Core Values of a Health and Livable City.
Core Value: Healthy and Livable City
Project Status: New
Department: Public Works - Account No. 210.290.999.224
Level: I
2022-23
Prior Years
2021-22 Proposed 2023-24 2024-25 2025-26 2026-27
Total Project
Project Cost:
Actuals
Adjusted Budget Projected Projected Projected Projected Cost
Administration
5,000
5,000
Construction
65,000
65,000
Design & Environmental
5,000
5,000
Total Expenditures
75,000 -
75,000
Source of Funds:
Measure S 75,000 75,000
Total Funding 75,000 75,000
Future Operating & Maintenance Costs:
Total Operating Costs
187
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City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
RONALD REAGAN SPORTS PARK RESTROOM EXPANSION & RENOVATION Parks/Recreation Project
Project Description: This project provides for the design and construction of the restroom building expansion at Ronald Reagan Sports Park. The restroom expansion includes adding additional restroom stalls and urinals, renovating the snack bar, and enlarging the storage case.
Benefit: This project provides additional facilities for park patrons.
Core Value: Healthy and Livable City
Project Status: Project is estimated to be complete in Fiscal Year2022-23.
Department: Public Works - Account No. 210.290.999.114 / PW18-03 Level: I
Project Cost:
Prior Years
Actuals
2022-23
2021-22 Proposed 2023-24 2024-25 2025-26 2026-27
Adjusted Budget Projected Projected Projected Projected Total Project
Cost
Administration
121,163
131,381
252,544
Construction
543,438
539,398
1,082,836
Construction Engineering
9,280
52,039
61,319
Design & Environmental
67,665
7,835
75,500
Total Expenditures
741,547
730,652
1,472,199
Source of Funds:
Measure S 825,000 647,199 1,472,199
Total Funding 1 825,000 647,199 - 1,472,199
Future Operating & Maintenance Costs:
Total Operating Costs
188
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RONALD REAGAN SPORTS PARK SKATE PARK
Parks/Recreation Project
Project Description: This project will remove and replace the existing skate park and install state-of-the-art street skate plaza elements.
Benefit: This project will upgrade the existing aging facility and provide state- of-the-art recreation opportunity for the City's residents. In addition, this project satisfies the City's Core Values of a Healthy and Livable City, A Safe and Prepared Community, and Accountable and Responsive City Government.
Core Value: Healthy and Livable City
Project Status: This is a new project.
Department: Public Works - Account No. 210.290.999.222
Level: I
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
2022-23
Prior Years
2021-22 Proposed 2023-24 2024-25 2025-26 2026-27
Total Project
Project Cost:
Actuals
Adjusted Budget Projected Projected Projected Projected Cost
Administration
25,000
25,000
Construction
895,000
895,000
Design & Environmental
80,000
80,000
Total Expenditures
1,000,000 - -
1,000,000
Source of Funds:
Measure S 1,000,000 1,000,000
Total Funding 1,000,000 1,000,000
Future Operating & Maintenance Costs:
Total Operating Costs
189
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Wine Country
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
SAM HICKS MONUMENT PARK PERIMETER FENCING
Parks/Recreation Project
Project Description: This project includes the design, purchase and installation of perimeter fencing at the Sam Hicks Monument Park site.
Benefit: This project will enhance the appearance of the park site with ornamental perimeter fencing.
Core Value: Healthy and Livable City
Project Status: This project is to be complete in FY 2021-22.
Department: Public Works - Account No. 210.290.999.220 / PW20-12 Level: I
2022-23
Prior Years
2021-22 Proposed 2023-24 2024-25 2025-26 2026-27
Total Project
Project Cost:
Actuals
Adjusted Budget Projected Projected Projected Projected Cost
Administration
4,665
15,735
20,400
Construction
227,850
227,850
Design & Environmental
7,646
10,104
17,750
Total Expenditures
12,312
253,688
266,000
Source of Funds:
Measure S 201,000 65,000 266,000
Total Funding 201,000 65,000 - 266,000
Future Operating & Maintenance Costs:
Total Operating Costs
190
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SPORTS COURT RESURFACING
Parks/Recreation Project
Project Description: This project includes repairs and resurfacing of sport court surfacing at various parks and facilities. Surfacing includes tennis courts, basketball courts, and hockey rinks at various parks.
Benefit: This project protects the City's vast investment in parks and open space facilities. In addition, this project satisfies the City's Core Values of a Healthy and Livable City, A Safe and Prepared Community, and Accountable and Responsive City Government.
Core Value: Healthy and Livable City
Project Status: Projects will be completed on an on -going basis.
Department: Public Works - Account No. 210.290.999.141 / Various Level: I
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
2022-23
Prior Years
2021-22
Proposed
2023-24
2024-25
2025-26
2026-27
Total Project
Project Cost:
Actuals
Adjusted
Budget
Projected
Projected
Projected
Projected
Cost
Construction
1581117
62,140
50,000
50,000
50,000
50,000
50,000
470,257
Total Expenditures
1 158,1171
62,140
50,000
50,000
50,000
50,000
50,0001
470,257
Source of Funds:
Measure S I 150,0001 70,257 50,000 50,000 50,000 50,000 50,0001 470,257 Total Funding 1 150,0001 70,257 50,000 50,000 50,000 50,000 50,0001 470,257 Future Operating & Maintenance Costs:
Total Operating Costs
191
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Wine Country
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
SPORTS FIELD LIGHTING - LIGHT EMITTING DIODE (LED) CONVERSION Parks/Recreation Project
Project Description: This project provides for the replacement of the aging sports field lighting components with new LED technology at various sports parks.
Benefit: This project enhances the safety of sport field users, reduces unnecessary light pollution and increases energy efficiency at City parks.
Core Value: Healthy and Livable City
Project Status: Project will be completed on an on -going basis as funding becomes available.
Department: Public Works - Account No. 210.290.999.113 / Various Level: I
2022-23
Prior Years
2021-22
Proposed
2023-24
2024-25
2025-26 2026-27
Total Project
Project Cost:
Actuals
Adjusted
Budget
Projected
Projected
Projected Projected
Cost
Construction
566,982
563,018
400,000
500,000
400,000
400,000
2,830,000
Total Expenditures
1 566,9821
563,018
400,000
500,000
400,000
400,000
2,830,000
Source of Funds:
Measure 5
TEAM
630,000
300,000 400,000 400,000 400,000 400,000
200,000 100,000
2,530,000
300,000
Total Funding
630,000
500,000 400,000 500,000 400,000 400,000 -
2,830,000
Future Operating & Maintenance Costs:
Total Operating Costs
Notes :
1. TEAM - Temecula Energy Efficiency Asset Management Fund 192
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City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
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SARDA Projects
Map Number
Description
1 Las Haciendas Affordable Housing Project
2 Vine Creek Affordable Housing Project
3 Habitat for Humanity -Old Town Units
194
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HABITAT FOR HUMANITY - OLD TOWN UNITS
SARDA Project
Project Description: A project for Habitat for Humanity to construction six for -sale affordable/workforce housing units for low income buyers adjacent to previously constructed units located on parcels 922062010 and 922062016.
Benefit: Upon completion, the City will have an additional 6 affordable housing units, which will serve moderate and low income residents.
Core Value: Healthy and Livable City
Project Status: The project is currently in preliminary discussions with the City, County of Riverside, and other funding partners.
Department: Community Development - Account No. 210.800.815.NEW9 Level: I
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
2022-23
Prior Years
2021-22 Proposed 2023-24 2024-25 2025-26 2026-27
Total Project
Project Cost:
Actuals
Adjusted Budget Projected Projected Projected Projected Cost
Construction
1,058,000
1,058,000
Total Expenditures
- 1,058,000
1,058,000
Source of Funds:
Affordable Housing
Contribution of Land
557,000
501,000
557,000
501,000
Total Funding
1,058,000 -
1,058,000
Future Operating & Maintenance Costs:
Total Operating Costs
195
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LAS HACIENDAS AFFORDABLE HOUSING PROJECT
SARDA Project
Project Description: This project will provide funding for a 77-unit affordable multi -family housing community consisting of two residential buildings, a community building and tuck -under parking located at 28715 Las Haciendas, located in the Uptown Temecula Specific Plan Area. Funding for this project includes: a $8,910,698 Capital Loan from the available proceeds of the Successor Agency to the Temecula Redevelopment Agency2017B Series Tax Allocation Refunding Bonds; a $718,445 Deferred Fee Loan for Development Impact Fees, Quimby, permit, Public Works and Fire fees related to the project; and a $500,857 Uptown Temecula Specific Plan New Streets In -Lieu Fee reimbursement for the costs of completing a new road connecting Las Haciendas and Calle Cortez.
Benefit: Upon completion, the City will have an additional 76 affordable housing units and one manager's unit. The affordable units will be available to extremely low, very low and low-income households.
Core Value: Healthy and Livable City
Project Status: This project is expected to commence in Fiscal Year202O-21.
Department: Community Development - Account No. 210.800.815.817 Level: I
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
2022-23
Prior Years
2021-22 Proposed 2023-24 2024-25 2025-26 2026-27
Total Project
Project Cost:
Actuals
Adjusted Budget Projected Projected Projected Projected Cost
Construction
10,130,000
10,130,000
Total Expenditures
1 10,130,000
10,130,000
Source of Funds:
RDA Bond Proceeds
9,629,143
9,629,143
Uptown Temecula New Streets
500,857
500,857
In Lieu Fee
Total Funding
-
10,130,000
10,130,000
Future Operating & Maintenance Costs:
Total Operating Costs
Notes :
1. RDA Bond Proceeds reflects the 2017 refinancing of the former Temecula Redevelopment Agency2010 and 2011 Tax Allocation Housing Bonds, paid with property tax increment collected within the boundaries of the former Redevelopment Agency. The bond issuances reflect interest rates ranging between 2-5% and fully mature by 12/15/2039.
196
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VINE CREEK AFFORDABLE HOUSING PROJECT
SARDA Project
Project Description: A Disposition and Development Agreement (DDA) for Vine Creek Apartments, a 100% affordable, 60 unit development, was approved by the City Council in June 2019. The City pledged to contribute $6.71 million towards the project, including $698,281 in a deferred fee loan, $5,301,719 permanent loan, and $710,000 purchase loan. The Deferred Fee Loan of $698,281 consists of deferred Development Impact Fees (DIF), QUIMBY fees, permit fees, Public Works fees, and Fire fees for the Project, locked in at 2018-19 amounts. The Permanent Loan is limited to $1,301,719 in funds received by the City from Supplemental Educational Revenue Augmentation Fund (SERAF) Repayments, which have recently been approved by the State Department of Finance as part of the ROPS for the SARDA, and $4,000,000 in Community Reinvestment Program Funds. If the SERAF Repayments received by the City during FY 2019-20 and 2020-21 total less than $1,301,719, then the amount to the Developer will be reduced to the actual repayment amount. The Purchase Money Loan of $710,000 reflects the purchase price of the Real Property to be paid by the Developer to the City.
Benefit: Upon completion, the City will have an additional 60 affordable housing units, all of which will be at 60% of the area median income (AMI) or lower.
Core Value: Healthy and Livable City
Project Status: The developer is currently applying for additional funding through the State of California.
Department: Community Development - Account No. 210.800.815.820 Level: I
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
2022-23
Prior Years
2021-22 Proposed 2023-24 2024-25 2025-26 2026-27
Total Project
Project Cost:
Actuals
Adjusted Budget Projected Projected Projected Projected Cost
Construction
6,710,000
6,710,000
Total Expenditures
1 6,710,000
6,710,000
Source of Funds:
Affordable Housing
1,301,719
1,301,719
Community Reinvestment
4,000,000
4,000,000
Program
RDA Bond Proceeds
1,408,281
1,408,281
Total Funding
6,710,000 -1
6,710,000
Future Operating & Maintenance Costs:
Total Operating Costs
197
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Wine Country
VINE CREEK AFFORDABLE HOUSING PROJECT
SARDA Project
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
2022-23
Prior Years 2021-22 Proposed 2023-24 2024-25 2025-26 2026-27 Total Project Project Cost: Actuals Adjusted Budget Projected Projected Projected Projected Cost Notes :
1. Affordable Housing funds represent the Supplemental Educational Revenue Augmentation (SERAF) repayments received by the City.
2. Operating Transfer In reflects$4 million appropriation from the COVID-19 Pandemic Community Reinvestment Program, approved by Council on 2-22-22.
198
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FUTURE YEARS PROJECTS
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
Project Title Department Estimated*
Project Cost
CIRCULATION
La Paz Street Widening from Ynez Road to Temecula Parkway Pauba Road Improvements - east of Margarita Road on the north side Rainbow Canyon Road Widening from Pechanga Parkway to City Limit Rancho Way Extension from Diaz to Margarita Road
Temecula Creek Crossing
INFRASTRUCTURE/OTHER
Corporate Meeting and Event Space
Fire Station 92 and 95 Bay Door Replacement
Pedestrian and Bicycle Bridge Overcrossing into Old Town Old Town Gymnasium
Public Safety Monument
Southside Branch Library
Southside Recreation Center
PARKS and RECREATION
Ronald Reagan Sports Park North/South Fields Back Stops, Dugout, and Parking Lot with Trash Enclosures
Ronald Reagan Sports Park Upper Soccer Paving and
Materials/Equipment Storage Bays
Ynez Road and Overland Landscaping
Vail Ranch Park Site D
Public Works
2,500,000
Public Works
2,000,000
Public Works
8,000,000
Public Works
28,337,000
Public Works
16,777,300
$
57,614,300
Community Services
625,000
Fire Services
200,000
Planning
1,890,000
Community Services
4,630,000
Public Works/CMO
30,000
Community Services
6,640,000
Community Services
4,500,000
$
18,515,000
Community Services 857,000
Community Services 481,250
Community Services 200,000
Community Services 1,843,000
$ 3,381,250
*Estimates are planning level at the time the project was reviewed and they do not account for inflation and economic conditions 199
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GLOSSARY OF TERMS
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
Abatement — Abatement usually applies to tax levies, special assessments, and service charges.
Accounting System — The methods and records established to identify, assemble, analyze, classify, record, and report a government's transactions and to maintain accountability for the related assets and liabilities.
Adoption — Formal action by the City Council that sets the spending limits for the fiscal year.
Appropriation — A legal authorization granted by the City Council to make expenditures and incur obligations for specific purposes.
Americans with Disabilities Act of 1990 (ADA) — A federal law providing for a wide range of protection to individuals which directly benefit District members.
Assessment District — A separate local government agency formed to provide specific local public improvements that directly benefit District members.
Audit — A systematic collection of the sufficient, competent evidential matter needed to attest to fairness of management's assertions in the financial statements or to evaluate whether management has efficiently and effectively carried out its responsibilities.
Budget — A plan of financial operation embodying an estimate of proposed expenditures for a given period and the proposed means of financing them. Used without any modifier, the term usually indicates a financial plan for a single fiscal year.
Budgetary Control — The control or management of a government or enterprise in accordance with an approved budget for the purpose of keeping expenditures within the limitations of available appropriations and revenues.
Capital Improvement — Construction or major repair of City buildings, infrastructure, and facilities such as streets, roads, highways, bridges, curbs, gutters, sidewalks, storm drains, traffic signals, streetlights, gas and water distribution facilities, and parks.
Capital Improvement Program (CIP) —Annual appropriations in the City's budget for capital purposes such as street improvements, building construction, and park improvements.
Capital Expenditures — Expenditures resulting in the acquisition of or addition to the government's general fixed assets having a unit cost of $5,000 or more and a useful life of greater than one year. Infrastructure assets of $100,000 or more are also recorded capital expenditures.
Capital Outlay— Expenditures which qualify as capital costs according to accounting standards. This includes furniture, fixtures, machinery, equipment, and other relatively minor fixed assets.
Capital Project — A specific undertaking involving the procurement, construction or installation of facilities and related equipment which improves, preserves, enhances, or modernizes the City's provision of municipal services, has a long-term useful life, and for which costs exceed $30,000. 201
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City of Temecula
Fiscal Years 2021-25
Capital Improvement Program
GLOSSARY OF TERMS (continued)
Construction Engineering — Engineering work during the construction process that ensures projects are constructed in accordance with design parameters and specifications. The primary construction engineering functions are construction inspections, laboratory services, field surveys and design plan updates or interpretations.
Contingency —A budgetary reserve set -aside for emergency or unanticipated expenditures.
Contractual Services — Contracts for professional services.
Core Value: The Quality of Life Master Plan (QLMP) provides the framework for the City's Strategic Budgeting activities. The City Council has set priorities and guided staff in developing six (6) Core Values upon which to focus time and resources (as identified in the QLMP). These areas include:
1. Healthy and Livable City
2. Economic Prosperity
3. A Safe and Prepared Community
4. A Sustainable City
5. Transportation Mobility and Connectivity
6. Accountable and Responsive City Government
Department — An organizational unit comprised of programs and program managers. A single director manages each department.
Encumbrances — An amount of money committed for the payment of goods and services not yet received or paid for.
Expenditures — Decreases in net current assets.
Fiscal Year — The period designated by the City signifying the beginning and ending period for recording financial transactions. The City of Temecula has a fiscal year of July 1 through June 30.
Fund — An accounting entity with a set of self -balancing accounts recording revenues and expenditures and transactions for specific activities.
Fund Balance — The difference between the assets (revenues and other resources) and liabilities (expenditures incurred or committed to) for a particular fund.
Future Years — The intent of the future period is to project out to ten (10) years, projects that are anticipated by staff and the City Council that will ultimately have a very large impact on the City and surrounding area.
202
City of Temecula
Fiscal Years 2021-25
Capital Improvement Program
GLOSSARY OF TERMS (continued)
General Fund — Accounts for tax and other general fund revenues (e.g., sales taxes, property taxes, fines and forfeitures, investment interest, etc.) and records the transactions of general governmental services (e.g., police, fire, library, parks and recreation, public service, etc.).
Goals — The desired result of accomplishments within a given time frame, usually a fiscal year.
Grants — Contributions or gifts of cash or other assets from another government to be used or expended for a specified purpose.
Objectives — The necessary steps to achieve a desired goal.
Operations & Maintenance — Office supplies and other materials used in the normal operations of City departments. Includes items such as books, maintenance materials, and contractual services.
Organization —A unit of operation having specific responsibilities and duties and collectively form an Agency. The terms organization and division is used interchangeably throughout the budget document (i.e., Accounting Organization, Traffic Division, etc.).
Resources —Total amounts available for appropriation including estimated revenues, fund transfers, and beginning balances.
Revenues — The yield of taxes and other sources of income that a governmental unit collects and receives for public use.
Special Assessment — A compulsory levy made against certain properties to defray all or part of the cost of a specific capital improvement or service deemed to benefit primarily those properties.
Taxes — Compulsory charges levied by a government to finance services performed for the common benefit. This term does not include specific charges made against particular persons or property for current or permanent benefits, such as special assessments; nor does the term include charges for services rendered only to those paying such charges (i.e., sewer service charges).
Transfers In/Out — Payments from one fund to another fund primarily for work or services provided.
Unspecified — Funds that have not been identified for various proposed projects. 203
City of Temecula
Fiscal Year 2023-27
Capital Improvement Program
SUMMARY OF AFFORDABLE HOUSING INVESTMENT
The City of Temecula, in conjunction with the former Temecula Redevelopment Agency (RDA), has invested $43.3 million in a variety of affordable housing options for Temecula residents, with 661 units completed since the City incorporated in 1989. With an additional investment of $18.7 million, an additional 143 affordable units have been funded and will be constructed in the future. The developers of the future projects are working to secure the remaining funding via tax credits necessary to begin construction.
Cameron Building
• 24 rental units for low-income households 80% of area median income (AMI) • RDA Investment $3 million
• Mixed used building with commercial retail space on the bottom floor and 24 affordable housing units on floors 2-4
Palomar Heritage
• 22 rental units for low-income households 80% AMI
• RDA investment $3.3 million
• Mixed used building with commercial retail space on the bottom floor and 22 affordable housing units on floors 2-3 Both the Cameron Building and the Palomar Heritage Building were the first of their kind in Old Town.
The projects provided a great opportunity for the City to not only work towards meeting the community's affordable housing needs but also to spur economic development within the Old Town District. The use of affordable housing funds to produce affordable housing and commercial space in a mixed -use building in Old Town allowed the City to leverage the City's affordable housing funds for multiple purposes within the same development. This strategy of investment for the two future affordable housing / mixed use buildings served as a model for two other City -funded developments in Old Town.
L
Portola Terrace
• 44 rental units for low and very low-income households 80% and 50%AMI
• RDA investment $5.5 million
• Completed in 2013
Madera Vista
• 110 affordable units in larger family -sized apartments • RDA investment $8.4 million
• 20 units set aside for seniors
The Madera Vista development was originally a private condo development that fell into foreclosure during the Great Recession. The project partially built and in disrepair. The City, along with Bridge Housing utilized affordable housing funds to purchase the property and completed construction. 204
City of Temecula
Fiscal Year 2023-27
Capital Improvement Program
SUMMARY OF AFFORDABLE HOUSING INVESTMENT
In addition to providing funding to construct affordable housing units, the former Redevelopment Agency invested $524,356 to provide a First -Time Home Buyer Program available to moderate -income households (120% AMI) and assisted 20 First -Time Home Buyers to purchase homes in Temecula.
The City of Temecula and the former RDA have partnered with Habitat for Humanity since 2003 to construct seven homes for low-income households to purchase. Total RDA investment of $582,000. An additional $700,000 investment with Habitat for Humanity is programmed for a future project to build six for -sale affordable/workforce housing units available to moderate and low-income homebuyers.
The City's primary funding source for affordable housing was the Temecula Redevelopment Agency. In 2012, the State of California disbanded all redevelopment agencies within the State. The City of Temecula serves as the Successor Agency to the Redevelopment Agency (SARDA) and is responsible for the eventual wind down of the remaining RDA obligations, including the investment of the remaining $12.8 million in bond proceeds of the former RDA. Two affordable housing projects have been identified and the City Council has approved funding agreements with developers to provide an additional 137 affordable units.
Vine Creek — FUTURE PROJECT
m
• 60 rental units for low and very low-income households • 14 units set aside for special needs residents
• RDA investment of $6.7 million
Las Haciendas — FUTURE PROJECT
• 77 rental units for low and very low-income households • RDA investment $10.2 million
• Project will be the first residential development in the Uptown Temecula Specific Plan area
In Fiscal Year 2021-22, the City contributed an additional $4 million to the Vine Creek project and set -aside $1 million in Community Reinvestment Program (CRP) Funds for a future affordable housing development in the Uptown Specific Plan area. Market rate residential projects are already coming in due to the Las Haciendas demonstration project 205
ISSUE
FUND DATE
City of Temecula
Fiscal Year 2023-27
Capital Improvement Program
FISCAL YEAR 2022-23
MATURITY INTEREST TOTAL DEBT OUTSTANDING
DESCRIPTION DATE RATES PRINCIPAL INTEREST OBLIGATION PRINCIPAL 001 2018 Private Placement Lease 12/1/2028 3.42% $1,172,000 $431,835 $1,603,835 $11,891,000 (Civic Center)
001 2018 Private Placement Lease 6/1/2029 3.42% $383,800 $172,007 $555,807 $4,788,545 (Margarita Rec Center)
General Fund 001 Totall $1,555,800 $603,842 $2,159,642 $16,679,545 380 2017 Tax Allocation Bonds, 12/15/2038 2.00 - 5.00% 1,560,000 1,968,750 3,528,750 38,835,000 Series 2017A
380 2017 Tax Allocation Bonds, 12/15/2039 2.00 - 4.00% 1,065,000 1,006,944 2,071,944 26,740,000 Series 2017B (Taxable)
Successor Agency to the Redevelopment Agency (SARDA) Total $2,625,000 $2,975,694 $5,600,694 $65,575,000 TOTALI $4,180,800 $3,579,536 $7,760,3361 $82,254,545
The Citv has Droerammed the use of Debt Financine for the followine Capital Improvement Proiects:
1) Margarita Recreation Center ($6,500,000) in a private placement lease funding to supplement Measure S ($5.459.508) and Development Impact Fees ($737,000) for the construction of a new recreation center. 2) Las Haciendas Affordable Housing Project ($9,629,143) in bond proceeds from the Tax Allocation Bond, Series 2017B. 3) Vine Creek Affordable Housing Project ($1,408,281) in bond proceeds from the Tax Allocaiton Bond, Series 2017B. 206
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
STATUS OF PAVEMENT MANAGEMENT PROGRAM
In 2018, the City of Temecula completed the Pavement Management Analysis Report, summarizing the findings of a Pavement Condition Index study performed by Infrastructure Management Services (IMS).
Pavement management is the process of planning, budgeting, funding, designing, constructing, monitoring, evaluating, maintaining, and rehabilitating the pavement network to provide maximum benefits with available funds. Streets that are repaired when they are in a good condition will cost less over their lifetime than streets that are allowed to deteriorate to a poor condition. Without an adequate routine pavement maintenance program, streets require more frequent reconstruction, thereby costing millions of extra dollars. Over time, pavement quality drops until the pavement condition becomes unacceptable.
Temecula has 325.5 miles of roadways, encompassing over 8.8 million square yards of concrete and asphalt surfacing. At an average replacement cost for a typical roadway just over $1.10 million per mile, not including the value of the land, the City has over $357.7 million invested in its paved roadway network.
IMS conducted field surveys, utilizing a Laser Road Surface Tester, to evaluate the overall condition of the pavement and developing a quantitative formula to represent the overall condition of the pavement, known as a Pavement Condition Index (PCI). The PCI rating correlates to the relative remaining life of the road surface.
Relative
PCI Range
Description
Definition
Remaining Life
85 — 100
Excellent
15 to 25 Years
Like new condition — little to no maintenance required when new; routine maintenance such as crack and joint sealing.
70 — 85
Very Good
12 to 20 Years
Routine maintenance such as patching and crack sealing with surface treatments such as seal coats or slurries.
60 — 70
Good
10 to 15 Years
Heavier surface treatments and thin overlays. Localized panel replacements.
40 — 60
Marginal to Fair
7 to 12 Years
Heavy surface -based inlays or overlays with localized repairs.
Moderate to extensive panel replacements.
25 — 40
Poor
5 to 10 Years
Sections will require very thick overlays, extensive panel replacements, surface replacement, base reconstruction, and possible subgrade stabilization.
0 —
25 Very Poor
0 to 5 Years
High percentage of full reconstruction.
The study found that the average PCI for Temecula's road network was 65, and is within the average of other agencies surveyed by IMS, which typically fall in the 60 to 65 range. To maintain the current condition of the road network, the City needs to spend approximately $7.4 million per year. An annual budget of $8.24 million per year would increase the PCI from 65 to 67.
Since 2018, the City has invested over $8 million per year across several Capital Projects and maintenance programs including the Pavement Rehabilitation Program Capital Project and the neighborhood slurry seal program. In addition, the City established a new set -aside Street Maintenance Fund using Measure S funding to accumulate resources for the future replacement of the City's road network. 207
1 .,�a
(The H-It f5ou[h—CMdorno
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
INDEX
ADA Compliance for Pavement Rehab Program — West Side Business Park Area 115
American with Disabilities Act (ADA) Transition Plan Implementation 116
Auto Mall Wayfinding Signs
117
Bike Lane and Trail Program — Citywide
118
Bike Lane and Trail Program — Great Oak Trail Lighting
120
Bike Lane and Trail Program — Infill Mini Pump Track
121
Bike Lane and Trail Program —Mini Pump Track
122
Bike Lane and Trail Program — Pump Track
123
Bike Lane and Trail Program — Ronald Reagan Sports Park Trails 124
Bike Lane and Trail Program — Temecula Creek South Side Trail 125
Butterfield Stage Road Extension
75 Butterfield Stage Storm Drain Improvements
76 California Society of Municipal Finance Officers (CSMFO) Certificate of Award 17 Capital Improvement Project List
25 Capital Projects Summary— By Funding Source
39 Capital Projects Summary — By Project
58 Cherry Street Extension & Murrieta Creek Low -Flow Crossing 77 Children's Museum Enhancement Project
171
CIP Expenditure Summary
31 CIP Major Revenue Sources Chart
30 Circulation Projects Location Map
74 City Facilities Rehabilitation
126
City Facility Security
127
City Organizational Chart
18 Citywide Buffered Bike Lane Striping
78 Citywide Drainage Master Plan
128
Citywide Financial System Upgrade
129
Citywide Streetlight Acquisition & Light Emitting Diode (LED) Retrofit 130
Citywide Surveillance Cameras
131
Community Recreation Center (CRC) Renovations
132
Community Recreation Center Splash Pad & Shade Structures 172
209
�a of `� City
(The Heart of
Wi., Ca t,
Temecula
Fiscal Years 2023-27
Capital Improvement Program
INDEX
Comprehensive General Plan Update
133
Description of Levels
19 Description of Revenue Sources
21 Diaz Road Expansion
79 Dog Park Renovation
173
Eagle Soar Splash Pad Control System Renovation
174
Electric Vehicles Charging Station
134
Emergency Vehicle Pre-Emption Upgrade Program — Citywide 81 Expenditure Summary by Project Type Chart
38 Fiber Optic Communication System Upgrade
135
Fiber Optic Communications Systems- Citywide
136
Fire Station 73 Gym/Garage
137
Fire Station 84 Renovation
138
Fiscal Year 2022-23 Debt Obligations
206
Flashing Beacons and Speed Advisory Signs
82 Flood Control Channel Reconstruction & Repair
175
Glossary of Terms
201
Habitat for Humanity -Old Town Units
195
Harveston Community Park Building Renovations and Expansion 176
History Museum Renovation
139
1-15 / French Valley Parkway Improvements — Phase 1
83 1-15 / French Valley Parkway Improvements— Phase II
85 1-15 / French Valley Parkway Improvements— Phase III 87 1-15 / State Route 79 South Ultimate Interchange
89 1-15 Congestion Relief
88 1-15/State Route 79 South Interchange Enhanced Landscaping 140
Infill Recreational Amenities
177
Infrastructure Projects Location Map
114
Las Haciendas Affordable Housing Project
196
Library Parking — Phase II
141
Local Roadway Safety Plan
142
Margarita Recreation Center
143
210
City of Temecula
Fiscal Years 2023-27
(The H-It f5ou[h—CMdorno Capital Improvement Program
Vim, Ca Mry
INDEX
Mary Phillips Senior Center Emergency Generator
144
Mary Phillips Senior Center Enhancement and Renovation
145
Medians & Parkways — Citywide
91 Medians & Traffic Calming Improvements — Citywide
146
Motor Car Parkway Improvements
92 Murrieta Creek Bridge at Overland
93 Murrieta Creek Improvements
147
Murrieta Creek Regional Sports Park
178
Nicolas Road Extension & Improvements
95 Nicolas Road Multi -Use Trail Extension
148
Old Town Parking Structure
149
Old Town Surveillance & Sound System
150
Overhead Street Name Sign Replacement Program - Citywide 96 Overland Drive Extension Commerce Center
97 Overland Drive Widening
98 Parameters for CIP Budget Cost Estimates
20 Park Restrooms Renovations, Expansion, and Americans with Disabilities Act Improvements. 179
Parks and Recreation Projects Location Map
170
Parks Improvement Program
181
Pavement Rehabilitation Program - Citywide
99 Pechanga Parkway Environmental Mitigation
151
Pechanga Parkway Widening
101
Pedestrian Signal Equipment Upgrade — Citywide
152
Pickleball Courts
182
Playground Equipment Enhancement & Safety Surfacing
183
Projected Revenue Summary
27 Rainbow Canyon Road Pavement Rehabilitation
102
Rancho California Road Median Improvements
103
RCWD Recycled Water Accelerated Retrofit Program
153
Recycled Water Conversion Project
154
Ronald Reagan Sports Park Channel Silt Removal
185
Ronald Reagan Sports Park Hockey Rink
186
PASI
33 `
wz
C (TheHeart a{
Wi., Ca t,
City of Temecula
Fiscal Years 2023-27
Capital Improvement Program
INDEX
Ronald Reagan Sports Park Pump Track Shade Structure
187
Ronald Reagan Sports Park Restroom Expansion & Renovation 188
Ronald Reagan Sports Park Skate Park
189
Roundabout Improvements on Ynez Road
104
Sam Hicks Monument Park Perimeter Fencing
190
Santa Gertrudis Creek Pedestrian/Bicycle Trail Extension 155
Santa Gertrudis Creek Phase II — Margarita Under -Crossing 156
SARDA/Housing Projects Location Map
194
Sidewalks — Citywide
157
Sidewalks — DLR Drive
158
Sidewalks — Old Town Boardwalk Enhancement
159
Sidewalks — Old Town Improvements
160
Sports Court Resurfacing
191
Sports Field Lighting- Light Emitting Diode (LED) Conversion 192
Status of Pavement Management Program
207
Summary of Affordable Housing Investment
204
Summary of Operating & Maintenance Impacts
71 Temecula Elementary School (TES) Pool Renovation
161
Temecula Park & Ride
162
The Merc Concession Upgrade
163
Traffic Signal — Installation — Citywide
106
Traffic Signal — Park & Ride Access Improvements
108
Traffic Signal —System Upgrade
109
Traffic Signal Equipment Enhancement Program — Citywide 105
Traffic Signal- Promenade Mall Ring Road
164
Transmittal Message
9 Urban Forest Management Plan
165
Utility Undergrounding— Citywide
166
Utility Undergrounding — Main Street and Vicinity
167
Vine Creek Affordable Housing Project
197
Ynez Road Improvements — Phase 1
110
Ynez Road Improvements — Phase 11
111
PAN