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HomeMy WebLinkAboutMINUTES - 06071988 - 1.17 1,17 TO: BOARD OF SUPERVISORS, AS BOARD OF DIRECTORS, CANYON IMW GF7UIDGIC HAZARD ABATEMENT DISTRICT Fes: J. MICHAEL WALKIRD, PUBLIC WCC DIFECTOR DAaE: Jame 7, 1988 SUBJELT: S MM AND FOSE REPORT FUR THE THIRD QUARTER. (JANUARY - MARCH) OF FISCAL YEAR 1987-88. Specific Request(s) or Recc®mnendaticn(s) & Ba cia and & Justification I. AC ON: Accept the Canyon Ickes G.H.A.D. Quarterly Status and Eqpense Report. II. FINANCIAL IMPACT: None III. REASONS FM CJN During this quarter the district constructed some significant slide repairs which resulted from the early winter rain. Expenses through this quarter ($110,413.62) are still below the anticipated portion of the annual budget ($185,000) . It is equivalent to 60% of the budget for 75% of the year. IV. DQUENCES OF NEGATIVE AC.TICN: None. Informational report only. Continued on attadment: yes Signature: * &e Recommdation of C=ity Acbdni stertor Reoaamendation of Board Approve Other: C t mittee Si tures Action of Board on:,-111N 7 1988 Approved as Other Vote of Supervisors I MZEBY CERT'IF'Y* THAT THIS IS A TIRUE ( Unanimous ( ) AND HCl' OOPY OF AN ACTION 'I'AIMN Ayes AND ENTERED ON THE MINUTES OF THE Noes BOARD OF S[JPERVISC iS ON DATE SHOW. Absent Abstain Attested JUN 7 1988 Orig. Div: Public Works (ES) PBIL BATCf EIM cc: Auditor-Controller CLERK OF THE BOARD OF SUPERVISORS County Counsel AND 000NTY Richard Nystrom Public Works - Accounting By fl/dr DEPUTY CLERK ghbol.7.t6 X47 CANYON LASES GEOLOGIC HAZARD ABATEMENT DISTRICT QUARTERLY BUDGET/EXPENSE SUMMARY 1987-1988 FISCAL YEAR A. Pro ect Income 1 . Balance (Reserve) brought forward from ' 86- ' 87 : $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 Ex enses 1987-1988 FY July 1987-Apr 1988 1 . General Manager $25,000 $15 ,070.00 2 . Engineering Geologist and Geologist Assistant 35 ,000 26,005 . 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 58 , 333 . 71 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 , 550.00 9 . Debt Service ( interest) 0 0 Total Expenses: $185,000 $110,453.62 Reserve 212,550 Total Costs: $397,550 *Inserted in line item 1 & 2 . . . 1.17 CANYON LASES G.H.A.D. PROGRAM OF WORK - 1987-1988 ORIGINAL ACTUAL COSTS PROJECT ESTIMATED BUDGET JULY 187-MAR '88 1 . Erosion control and revegetation of bank $ 40,000 $ 2 ,038.00 slope areas 2 . Repair and maintenance of B-58 drainage ditch 20,000 2 , 160.00 systems 3 . Repair and corrective grading 10,000 0.00 4 . Dame ' slide repair (C#87-1 ) 30, 000 19, 158. 50 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 8 . Crow Canyon Slide (C#87-23) -- 5, 260.99 9 . Canyon Crest (C#88-1 ) -- 7 , 201 . 66 10. General Miscellaneous Horizontal Drilling (C#88-2 ) -- 3 , 360.00 Estimated Total Project Costs = $100,000 $ 58,333.71