HomeMy WebLinkAboutMINUTES - 03151988 - 1.9 TO: BOARD OF SUPFRVISCI?S, AS BOARD OF DIRECTORS, CANYON LAKES GE]DIOGIC
BARD ABATEMENT DISTRICT
FRC1+I: J. MIC[iAEG WALFCRD, PUBLIC WORKS DIRECIOR
DATE: March 15, 1988
SUBJECT: STATUS AND FSE REPORT FOR THE SECIddD (OCIIDBER-
DECEME3ER) OF FISCAL YEAR 1987-88.
Specific Request(s) or Reocumeridaticn(s) & Background & Justification
I. ACTION:
Accept the Canyon Lakes G.H.A.D. Quarterly Status and Egpense Report.
II. FINANCIAL IMPACT:
None
III. REASONS FUR CH/BAC NND•
During this quarter the district began construction on some repairs.
Expenses through this quarter ($53,832) are well below the anticipated
portion of the annual budget ($185,000) , being approximately 30% of the
annual budget with 50% of the fiscal year completed.
IV. CIONSBOUENCES OF NEGATTVF. ACTION:
None. Informational report only.
Continued on attachmerit: yes Signature:
Reoc�ndation of Cbimty Administrator for on of
Approve Other: Ctumittee
Signature(s):
Action of Board on: MAR 1 S nen Approved as Reoonmended X other
Vote of Supervisors I EMM C EI=Y THAT THIS IS A WJE
X Unanimous (Absent ) AND CCEMECT COPY OF AN ACTION TAKEN
Ayes AND ENTERED ON THE MINUTES OF THE
Noes BOARD OF SUPERVISORS ON DATE SHOW.
Absent
Abstain
Attested MAR 15 192A
Orig. Div.: Public Works (ES) PHEL BATCHRIM
cc: Auditor-Controller CLERK OF THE BOARD OF SUPERVISORS
County Counsel AND OOUNPY AEFDNISTRA'i O
Richard Nystrom nn
Public Works - Accounting By "&.e-
DEPUTY CLERK
fl/
B01.FL.15.t3
CANYON LAKES GEOLOGIC HAZARD ABATEMENT DISTRICT
QUARTERLY BUDGET/EXPENSE SUMMARY
1987-1988 FISCAL YEAR
A. . Project Income
1 . Balance (Reserve) brought forward from 186- 187 : $155,550 .00
2 . Annual Income via Assessments :
743 Single Family
Detached x $104 .01 = $ 77, 279 .43
469 Townhouses x $69 . 67 = $ 32 , 675 . 23
2 , 581 Condominiums/
Rentals x $52 .01 = $134, 237 .81
100,000 square feet
Commercial x $0.05 = $ 5 ,000 .00
TOTAL ASSESSMENTS : $249, 192 . 47
TOTAL ASSESSMENTS BUDGET: $242 ,000 . 00
TOTAL FUNDS : $397 , 550.00
Projected Expenses Actual Expenses
B. Projected Expenses 1987-1988 FY Jul4-Dec. 1987
1 . General Manager $25,000 $ 7, 810.00
2 . Engineering Geologist
and Geologist Assistant 35 , 000 13,935 .00
3 . Support Services (e.g. ,
office space, office 0* 0
equipment, office staff
and vehicles)
4 . Repair, maintenance and
improvements (as per approved
Repair, Maintenance and 100,000 21 , 192 . 56
Improvement Program. )
5 . Legal , accounting and
insurance 5 , 000 0
6 . Professional Soils and
Geotechnical Consulting 5 ,000 6,494 .91
7 . County staff services 5 ,000 0
8 . Assessment documents
preparation 10,000 4 ,400. 00
9 . Debt Service ( interest) 0 0
Total Expenses: $185,000 $53,832.47
Reserve 212,550
Total Costs: $397,550
*Inserted in line item 1 & 2
CANYON LASES G.H.A.D.
PROGRAM OF WORK - 1987-1988
ORIGINAL ACTUAL COSTS
PROJECT ESTIMATED BUDGET JULY-DEC. 1987
1 . Erosion control and
revegetation of bank $ 40,000 $ 2 ,038 .00
slope areas
2 . Repair and maintenance i.
of B-58 drainage ditch 20,000 0.00
systems
3 . Repair and corrective
grading 10,000 0.00
4 . Dame ' slide repair
(C87-1 ) 30,000 0.00
5 . *Open Space - Subdivision
#6384 (C#87-21 ) -- $ 6,046 . 33
° 6 . Hospital - Alcosta Blvd.
(C#87-22) -- $ 12 , 718 . 23
, 7 . General Drainage Improvement -- $ 390.00
Estimated Total Project Costs = $100,000 $ 21,192.56