The purpose of this Mayor and Council Communication (M&C) is to reallocate funding from the previously cancelled Lakeshore Drive project to other eligible capital improvement projects that are also located in Council District 5. On May 17, 2016, the City Council found that materially changed conditions made the Lakeshore Drive project proposed in the 2008 Bond Program no longer necessary and cancelled that project (M&C G-18738). Working with the Councilmember for Council District 5, where the cancelled project would have been located, staff identified other eligible capital street and road improvement projects that the remaining funds in the Lakeshore Drive Project could be spent on. The proposed projects are:
Cavile/Stop Six Roadway Redevelopment | $2,182,991.00 | Handley Dr (Lancaster to Meadowbrook) | $1,939,000.45 | Pate Drive (Coleman to Berry) | $ 700,000.00 | Campbell St (Ave J to Crenshaw) | $ 685,000.00 | Andrew Ave (Kutman to Englin) | $ 360,000.00 | Elgin St (Dillard to Stalcup) | $ 335,000.00 | Grayson St (S Carvens to Casa Loma) | $ 170,000.00 | Casa Loma (N Terminus to S Terminus) | $ 50,000.00 | Liberty Street | $ 100,000.00 |
Adoption of the attached ordinance will decrease the remaining appropriations in the Lakeshore Drive Project in various funds and increase appropriations in the projects and amounts outlined above using reallocated funds from the cancelled project. This M&C does not request approval of a contract with a business entity.
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