Agenda Packets - 1995/09/05 - Laserfiche WebLink

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WYOF REQUEST FOR COUNCIL CONSIDERATION Agenda Section: 1. 11706STAFF REPORT Report Number: 95-1434WS W AGENDA SESSION DATE September 5, 1995 Report Date: 8-31-95 DISPOSITION Item Description: Continued Discussion of Pedestrian Bridge Over Highway 10 Administrator's Review/Recommendation: - No comments to supplement this repor j. (4 ' - Comments attached. )) Explanation/Summary (attach supple..•nt sheets as . cessary.) ,SUMMARY; - This item is presented at Councilmember Julie Trude's .request. At a prior work session, the City Council requested funding options for the $120, 000 match and funding for design and inspection services of approximately $65, 000 for a total City contribution of $185,000. The federal grant is $480,000. The estimated cost of the bridge construction project is $600, 000. Construction inspection services are estimated at $35,000 and design costs are estimated at $30,000. Enclosed are letters of support written by members of the community. Members of the Planning Commission prepared a letter of support which is also included in this packet. Construction of the pedestrian bridge is a goal of the Parks and Recreation Commission. Members of the Parks and Recreation Commission have written letters informing and encouraging residents to voice their desire for the pedestrian bridge. Also enclosed is a memorandum from Public Works Director Michael Ulrich stating annual estimated maintenance requirements for the pedestrian bridge once it has been constructed. This memorandum will address the concern of annual maintenance costs of the pedestrian bridge. Three funding options have been formulated for your review. One offers no use of TIF funding. The second offers partial use of TIF funding. The third option is total TIF funding. Mary S a on, or of Parks, Recreation and Forestry RECOMMENDATION;