HomeMy Public PortalAbout08 August 5, 1998 Budget and Finance042 780
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND FINANCE COMMITTEE
(COMMISSIONERS WILLIAM KLEINDIENST, JACK VAN HAASTER, JIM VENABLE)
12:30 P.M.
WEDNESDAY, AUGUST 5, 1998
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
3560 UNIVERSITY AVENUE, RIVERSIDE 92501
AGENDA
1. CALL TO ORDER.
2. APPROVAL OF MINUTES.
3. PUBLIC COMMENTS.
4. ADDITIONS/REVISIONS.
5. ADMINISTRATIVE/FINANCIAL ITEMS.
5A. City of Blythe Measure A Maintenance of Effort Requirement
Overview
File
For fiscal year ending June 30, 1997 our auditors noted that the City of Blythe failed to
meet their MOE requirement. Blythe has forwarded a letter to staff indicating that for fiscal
year 1998 they believe they not only met the requirement but also compensated for 1997.
Their final determination is pending close out of their books for the year. Staff is
recommending that the Commission waive the requirement for one year if the final analysis
indicates the City has made up for the 1997 shortfall in the 1998 fiscal year, as well as
meeting the MOE requirement for 1998.
5B. Investment Report for Quarter Ending June 30, 1998
Overview
This is for the Commission to receive and file the quarterly investment and cash flow
reports as required by state law and Commission policy.
5C. Monthly Cost and Schedule Reports
Overview
Presented to the Commission are the reports on revenues, expenditures and changes in the
fund balances (unaudited), and highway and rail quarterly budget. The reports are for the
quarter ending June 30, 1998.
5D. Single Signature Authority Report
Overview
For the six month period ending June 30, 1998, three contracts were executed under
single signature authority granted to the Executive Director by the Commission. There was
$20,366 in expired and unused capacity.
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Agenda - Budget/Finance Committee
August 5, 1998
6. TRANSIT/RIDESHARE/BICYCLE.
6A. FY 1998-99 State Transit Assistance Allocations
Overview
When the SRTP was prepared, the operators assumed for planning purposes that the State
appropriation of funds would be the same as the previous year. According to the State
Controller's Office, the amount of STA funds that are expected to be received in Riverside
County for FY 1999 is $2,360,478 ($2,119,713 discretionary pot, $240,765 operator
specific pot). An additional $626,481 in unapportioned STA funds are also available,
bringing the total to $2,986,959. The attached table outlines the specific operator
allocations which need to be approved by the Commission. The State allocated non -
discretionary funds will be used first with the balance derived from the discretionary
allocation.
6B. Request from Anza Valley Seniors
Overview
The Anza Valley Seniors recently received two surplused 1992 Ford vans from the
Riverside Transit Agency to allow them to provide local transit service in the community.
The group is requesting the Commission's assistance through the allocation of Measure
A Specialized Transit operating assistance in the amount of $66,724, which is projected
to cover expenses for two years.
6C. FY 1998-99 SB 821 Bicycle and Pedestrian Facilities Program Funding Recommendations
Overview
In April the Commission notified the cities, the county, and local school districts that an
estimated $635,090 would be available for programming in FY 1998-99 through the SB
821 Bicycle and Pedestrian Facilities Program. The Commission received 61 proposals
from 15 agencies requesting a total of $1,900,153. The proposals were evaluated by the
SB 821 Evaluation Committee and the Committee is recommending 21 projects for funding
for a total of $676,757.
7. HIGHWAYS/LOCAL STREETS AND ROADS.
7A. Close Out Costs for the Lamb Canyon Project on State Route 79 in the City of Beaumont
Associated with the Detour of Traffic on City Streets.
Overview
This item is for the Commission to approve paying the City of Beaumont a sum of $50,000
to compensate the City for the future repair of the city streets used for the detour of traffic
during construction of the State Route 79 improvement project.
7B. FY 1999-2003 Measure "A" Five Year Capital Improvement Program for Local Streets and
Roads
Overview
The Measure "A" Ordinance requires each recipient of streets and roads monies to annually
provide to the Commission a five year plan of how those funds are to be expended in order
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Agenda - Budget/Finance Committee
August 5, 1998
to receive disbursements for local streets and roads. Any subsequent additions, deletions,
or substitutions to the approved Plan must also be approved by the Commission. The FY
1999-2003 Measure "A" Five Year Capital Improvement Plan for the Cities of Blythe,
Hemet, and Rancho Mirage and the revised Plan for the City of Palm Desert are submitted
for Commission approval.
7C. Amendment to FY 1998-2002 Measure "A" Five -Year Capital Improvement Plan for the
City of Hemet
Overview
The Measure "A" Ordinance requires each recipient of streets and roads monies to annually
provide to the Commission a five-year plan on how those funds are to be expended in
order to receive disbursements for local streets and roads. Any subsequent additions,
deletions, or substitutions to the Plan must also be approved by the Commission. The City
of Hemet is requesting Commission approval to amend their previously approved FY 1998-
2002 Plan.
7D. Request for Authorization to Advertise for Construction Bids for Construction of a Park and
Ride Lot in Moreno Valley Near Pigeon Pass/Frederick Street and Route 60.
Overview
This item is for the Commission to: 1) Authorize the expenditure of funds to provide for
environmental mitigation for the project with a not to exceed limit of $15,000. 2)
Authorize staff to bid the PS&E package for the Pigeon Pass Park and Ride Lot as soon as
Caltrans finalizes the environmental mitigation and approves the final design drawings and
bring back to the Commission the results of the bidding for contract award to the lowest,
responsive bidder.
7E. Approval of Caltrans Cooperative Agreement # 8-1077 for Right -of -Way Acquisition to
Support State Route 74 SHOPP Projects Between 1-15 and the City of Perris.
Overview
This is to approve Caltrans Cooperative Agreement # 8-1077 for Right -of -Way Acquisition
to support State Route 74 SHOPP projects between 1-15 and the City of Perris.
8. ADJOURNMENT.
000003
AGENDA ITEM 2
JULY 1, 1998 MINUTES
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
BUDGET AND FINANCE COMMITTEE
July 1, 1998
MINUTES
1. CALL TO ORDER.
The meeting of the Budget and Finance Committee was called to order by Chairman van Haaster
at 12:37 p.m., RCTC Offices, 3560 University Avenue, Riverside.
Members Present
William Kleindienst*
Jack van Haaster
William Kleindienst
Video conference @ Palm Springs
2. APPROVAL OF MINUTES.
M/S/C (Venable/Kleindienst) to approve the minutes of the June 3, 1998 meeting as submitted.
3. PUBLIC COMMENTS.
There were no public comments at this site or the remote video conferencing site.
4. ADDITIONS/REVISIONS.
M/S/C (KleindienstNenable) approve the addition of the proceeding late -breaking items for
consideration.
4A. Family Services Association of Western Riverside County - Request for Measure "A"
Western County Specialized Transit Capital Matching Funds
M/S/C (KleindienstNenable) that the Commission approve allocation of $15,871 in
Measure A Specialized Transit Funds available in the Western Riverside County to
Family Services to be used as the required 20% federal match for the purchase of one
expansion vehicle and computer scheduling equipment.
4B. CaIACT Pre -Conference Sponsorship
M/S/C (KleindienstNenable) sponsor the CalACT Autumn 1998 Pre -Conference
workshop at a cost of $1,000.
4C. Award of RCTC On -Call Landscape Architect and Landscape Inspector Construction
Services Contract to Support Construction of Various Measure "A" Highway Landscape
Projects.
M/S/C (Venable/Kleindienst) that the Commission: 1)Approve the Selection Committee
recommendation of P&D Consultants to provide On -Call Landscape Construction
Support Services; and, 2) Authorize the award of a consultant contract to P&D
Consultants for a base amount of $90,000 and a contingency amount of $18,000 for
a total amount not to exceed $108,000 to provide On -Call Landscape Architect and
Inspection Construction Support Services for the 1/15 Yuma Interchange, Route 91 SW
#35, and Route 91 Phase I Sound Wall Landscape Projects. The RCTC standard
consultant agreement will be utilized, subject to RCTC Legal Counsel review and
approval.
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Minutes - Budget/Finance Committee
July 1, 1998
4D. Award of RCTC On -Call Graffiti Abatement Services for Route 91 Soundwalls and
Metrolink Stations in Riverside County.
M/S/C (KleindienstNenable) authorize the award of an RCTC agreement for Graffiti
Abatement Services to Superior Property Services/Superior Pressure Washing, Inc. for
an amount not to exceed $50,00.00 for a three year period of time. The attached
agreement will be utilized, subject to RCTC Legal Counsel review and approval.
5. ADMINISTRATIVE/FINANCIAL ITEMS.
5A. Consultant Agreement with Gladstein and Associates In Support of the Interstate Clean
Transportation Corridor Project
M/S/C (KleindienstNenable) that the Commission: 1) Authorize its Chairman, pursuant
to Legal Counsel review, to enter into a consultant agreement with Gladstein and
Associates to implement the scope of work as defined in the Interstate Clean
Transportation Corridor Phase III proposal; and 2) approve the allocation of $25,000
from Transportation Development Act (TDA) funds for the defined scope of work to
be implemented throughout FY98/99.
5B. Quarterly Financial Reports
M/S/C (Venable/Kleindienst) receive and file the reports on revenues, expenditures and
changes in the fund balances (unaudited), and highway and rail quarterly budget for
the quarter ending March 31, 1998.
6. HIGHWAYS/LOCAL STREETS AND ROADS.
6A. FY 1999-2003 Measure "A" Five Year Capital Improvement Program for Local Streets and
Roads
M/S/C (KleindienstNenable) approve the FY 1999-2003 Measure "A" Five Year Capital
Improvement Plans for the above mentioned agencies as submitted with the addition
of the City of Banning which was received after the agenda packet was mailed.
6B. Award of Amendment #1 to Contract No. RO-9832 for Ninyo & Moore to provide On -Call
Material Testing Services for Measure "A" Construction Projects in the 1998/1999 Fiscal
Year.
M/S/C (Venable/Kleindienst) authorize the award of Amendment No. 1 to Contract No.
RO-9832 to Ninyo & Moore for an amount of $91,760.88 for Construction Material
Testing Services for the projects identified above. The remaining contingency amount,
of $19,940, will be utilized as authorized by the Executive Director. The RCTC
standard consultant amendment will be utilized subject to RCTC Legal Counsel review
and approval.
7. SERVICE AUTHORITY FOR FREEWAY EMERGENCIES
7A. Contract Amendment to Freeway Service Patrol Tow Truck Agreements
M/S/C (Venable/Kleindienst) That the SAFE Board approve, subject to Legal Counsel
review, Amendment No. 2 to the Freeway Service Patrol Tow Truck Agreements with
Hamner Towing, Inc., and Pepe's Towing Service, Inc. to continue the service until
June 30, 1999, and to increase the number the number of vehicles on Beat #4 and
Beat #18 by one vehicle each.
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Minutes - Budget/Finance Committee
July 1, 1998
7B. Radio Communication Equipment for the Riverside County Freeway Service Patrol (FSP)
Program
M/S/C (Venable/Kleindienst) authorize the transfer of $21,586 from the SAFE
unappropriated fund balance to the appropriate capital equipment account.
8. ADJOURNMENT.
There being no further business for consideration by the Budget and Finance Committee, the
meeting was adjourned at 1:20 p.m.
Respectfully Submitted,
ccr,ile--0
Naty Kopenhaver
Clerk of the Commission
0
J o ;
►AGENDA ITEM 5A
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget and Finance
FROM:
Dean Martin, Chief Financial Officer
SUBJECT:
City of Blythe Measure A Maintenance of Effort Requirement
For fiscal year ending June 30, 1997, our auditors noted that the City of Blythe failed
to meet their MOE requirement. Blythe has forwarded a letter to staff indicating that
for fiscal year 1998 they believe they not only met the requirement but also
compensated for 1997. Their final determination is pending close out of their books
for the year.
Policy states that any City which fails to meet its MOE requirement is subject to
withholding of an equivalent amount of Measure A. Therefore, the alternative to the
above suggestion would be to withhold future Measure A funding until the shortfall
is made. The withheld funds would then be redistributed to the cities in the
applicable geographic area.
The City is requesting . that the Commission allow them the necessary time to
complete the review of their records. They expect that process to be completed in
October. Staff is recommending that the Commission waive the shortfall for one year
as long as the final analysis indicates the City has covered both their 1997 and 1998
requirement in the 1998 fiscal year.
Financial Assessment
Project Cost
$226,342
Source of Funds
Measure A
\ '4 v%'k .•
1s. :r`
?... }:: )Z+.`vv.....a ?}::;: + ti:'
..: :,. '`�e4:
Included in Fiscal Year Budget
N/A
Year
Included in Program Budget
Year Programmed
Approved Allocation
Year of Allocation
Budget Adjustment Required
Financial Impact Not Applicable
STAFF RECOMMENDATION:
Waive the requirement for one year if the final analysis indicates the City has made
up for the 1997 shortfall in the 1998 fiscal year, as well as meeting the MOE
requirement for 1998.
000008
042711
July 22, 1998
CITY OF BLYTHE
220 North Spring Street / Blythe, California 92225 / (760) 922-6161
Riverside County Transportation Commission
Attn: Dean Martin, Chief Financial Officer
3560 University Avenue, Suite 100
Riverside, Ca 92501
Dear Mr. Martin;
Regarding our conversation earlier today about the Maintenance of Effort
(MOE), I believe that the City will be able to meet the MOE for the 1997/98
fiscal year and also make up the deficit for the 1996/97 fiscal year.
Staff is currently working on year end accounting reports to determine whether
the City will meet its MOE, but due to the excess work at year end and
scheduled vacations, we won't know for sure until late September or early
October.
The City has already submitted its Measure "A" Five
Plan for local streets and roads, which is required
receiving Measure "A" funds, I hope that this issue
these funds to the City.
Should there be any problems or should you have any
a call at (760) 922-6161.
Sincerely,
CALL
Helen Colbert
Director of Finance
cc: Les Nelson, City Manager
Year Capital Improvement
in order to continue
will not delay payment of
questions, please give me
0Jv09
AGENDA ITEM 5B
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget & Finance Committee
FROM:
Dean Martin, Chief Financial Officer
SUBJECT:
Investment Report for Quarter Ending June 30, 1998
Attached are the quarterly investment and cash flow reports as required by state law
and Commission policy. The County's Investment Report for the month ending June
30, 1998 is also attached for your review.
STAFF RECOMMENDATION:
That the Commission receive and file.
Attachments
OJut 0
Riverside Co unty Transportation Commission
Investment P ortfolio Report
Period Ending June 30, 1998
Cash with County Treasurer
Bank of America
Operating Account $5,813,113.29
Imprest Account $1,875.15
Special Events Account $310 .41
Operati ng Pooled Bond Proje ct F und s Reserv ed F und s Held
F unds F unds F unds F or Debt In Tru st
Total
$25,542,165.74 $9,698,025 .73 $35,240,191.47
To tal Bank of Americ a Operating $5,815,298 .85 $5,815,298.85
M ilestone Funds $1,658,547 .25 $8,002,731 .64 $9,661,278.89
First American Treasury $5,694,144.00 $18,690,224 .00 $9,912,299 .00 $34,296,667 .00
U. S. Treasury No te s $2,924;000 .00 $2,924,000.00
MBIA Investment Agre ement $13,002,612.00 $13,002,612.00
Financial Investors Trust (FIT) $8,794,820.35 $8,794,820.35
Union Bank:
Fed Nat'l Mtge Assoc $1,997,500.00 $1,997,500.00
Fed Ho me Ln Banks $2,480,000.00 $2,480,000 .00
Highmark M oney M arket (US Tre asury Ob Fund) $140,290.79 $140,290.79
Fed Natl Mtg Assn Medium Term $1,994,531.26
$5,815,298. 85 $38,954,776.88 $7,352,691.25 $42,619,567.64 $19,610,324.73 $114,352,659 .35
Cash with County Treas urer: A copy of the In vestment Portfolio Report for the County of Riverside Treasury prepared by
Wayne Watts, County Treasurer is attached for review. (Note: Local transportatio n fu nds represent the funds held in tr ust) . The
County's ann ualized investment return for the quarter was 5.4866% .
Ba nk of America Day to day operating fu nds of the Commissio n are held in an interest bearing demand deposit accou nt with Bank
of America. Funds are wire transferred from the Cou nty as needed, but no less tha n monthly.
First America n Treasury Money market accou nt pro vided by US Bank used to hold fu nds in transitio n between the C ommission's
various bo nd funds and to accumulate monies for the payment of semi-annual and annual debt service. Interest earnings a veraged
approximately 5.1228% for the quarter,
Fin ancial Inv estors Trust U.S. Treasury Money market Fund Triple AAA rated(by Standard & Poors and Moody's) money
market fund provided by Financial Guara ntee Insurance Corporati on. The fu nd invests in short term U.S. guaranteed obligations . The
rate of in terest on the fun d v aries daily, but the effective 7 -day yield for week ending June 30, 1998 was 5 .33%.
Milestone Treasury Obligation Fu nd Money market acco unt provided by Milestone Capital which in vests in treasury obligations .
The fund is rated AAA by both Moody's and Standard & Poors, and is re viewed weekly by both rating agencies . Rate of ret urn for
week endin g Ju ne 30, 1998 was 5.47%.
MBIA Inv estmen t A greement: The Commission 's debt reserve fu nds for the 1993 Series A Sales Tax Revenue Bo nds are held by
MBIA , a A AA rated(by both Standard & Poo rs and Moodys) bond insurance company. The investment agreement earns 6 .87% and
matures Janu ary 1, 2000, and pays an in terest rate of 6. 87%. Collateralization a nd downgrade pr ovisions are consiste nt with AMB AC .
Union Ban k: Provides cu stodial serv ices for the Commission by holding in safekeepi ng the following securities:
U.S. Gov t. A gency Obligations (Federal National Mortgage A ssociation Note: Purchased December 8, 1997 priced to yield
5. 98%. Note matu res D ecember 7, 1999.
Federal Home Loan Ban k N ote: Purchased September 16,1997 and priced to yield 6.03 %. Note matures September 16, 1999
Federal Natl Mtg Assn Mediu m Term: Pu rchased March 9, 1998 an d priced to yield 5 .96%. Note matures March 9, 2001.
Highmark Mo ney Market US Treasury Obligations Fund: Money market fund held by Union Bank, sec urities custodian .
Fund yielded 4 .80% for week ended June 30, 1998.
Statemen t of Compliance
All of the above investments and any investme nt decisio ns made for the quarter ending June 30, 1998 were in full compliance with the
Cormissi i vestment policy as adopted on No vember 12, 1997.
Signed by
Chief Financial Officer
28 -Jul -98 Projected Statement of Cash Fl ows
03:21 PM Jul . 1998 thru Dec . 1998
JUL AUG
BEGINN ING CASH BALANCE 54,201,608 $45,423,626
CASH R ECEIPTS:
SEP
$40,108,111
OCT
$40,842,170
N OV
$39,329,362
DEC
$41,970,236
Sale s Tax Reve nu e $4,427,200 $5 ,903,000 $6,107,000 $4,350,000 $5,800,000 $6,225,000
Intere st Income 117,500 317,500 517,500 115,000 315,000 117,500
O ther Rev enue 910,000 1,855 .000 2,039,000 655,000 3.234,500 1,105,000
To ta l Cash Receipts $5,454,700 $8,075,500 $8,663,500 $5,120,000 $9,349,500 $7,447,500
TOTA L AVA ILA BLE C ASH $59,656,308 $53,499,126 $48,771,611 $45,962,170 $48,678,862 $49,417,736
CASH D ISBURSEMENTS:
Other Ex penditures(include s G & A) 350,000 350,000 350,000 350,000 350,000 350,000
Highway Projects 1,772,000 2,061,000 950,000 900,000 749,000 820,000
FSP & SA FE 120,000 120,000 120,000 120,000 120,000
Rail Projects 1,440,000 559,000 1,282,000 503,000 503,000 1,153,000
Special Transportation Pro jec ts 192,000 150,000 182,000 150,000
Streets & Roads 1,636,913 2,162,575 2,258,002 1,608,369 1,867,187 2,209,197
Transit Projects 147,000 147,000 147,000 147,000 147,000 147,004
Region al Arterial (CV) 5,762,330 5,000,000
Commuter Assistance Projects 130,000 130,000 130,000 130,000 130,000 130,000
Property Management $8.000 $8,000 88 .000 $8,000 S8,000 88 ,000
TOTAL CASH D ISBURSEMENTS $11,548,243 $10,706,575 $5,245,002 $3,948,369 $4,024,187 $4,817,197
NET CASH AVAILABLE $48,108,065 $42,792, 551 $43,526,609 $42,013,801 $44,654,675 $44,600,539
Line A dvances $0 $0 $0 $0 50 50
Bond Proceeds $0 50 50 $0 50 50
Interes t Expense $0 $0 $0 50 50 $0
Debt Repaymen t ($2.684.439) (52.684. 439) ($2. 684.4391 (52.684,4391 ($2.684.439) 6 . e,
NET CASH FR OM FINA NCING (82,684,439) ($2,684,439) ($2,684,439)
($2,684,439) ($2,684,439) (52,684,439
END ING CASH BALANC E 845,423 626 $40 108 111 S40,S42,170 539,329,362 $41 970 236 S4I 916 100
PAGE 1 OF 25
COUNTY OF RIVERSIDE
Treasurer's Pooled Investment Fund
Compliance Audit and Analysis of Investments
As of JUNE 30, 1998
PAUL McDONNELL
TREASURER/TAX
COLLECTOR
KENNETH C. KIRIN
INVESTMENT OFFICER
(909) 955 - 3967
Month -End Book Value
Month -End Market Value*
Paper Gain or (Loss)
Percent of Paper Gain or Loss
Yield Based Upon Book Value
Weighted Average Maturity (Days)
JANUARY
1,550,489,277
1,550,329,705
-$159,572
-0.01%
5.52%
236
PORTFOLIO STATIMCS
FEBRUARY
1,527,404,595
1,526,146,035
-$1,258,560
-0.08%
5.49%
241
MARCH
1,561,636,568
1,560,227,395
-$1,409,173
-0.09%
5.50%
258
APRIL
1,834,822,532
1,833,318,034
-$1,504,498
-0.08%
5.47%
226
MAY
1,617,526,241
1,616,132,853
-$1,393,388
-0.09%
5.49%
263
JUNE
1,314,934,220
1,313,954,151
-$980,069
-0.07%
5.50%
295
* For the calendar month, and in keeping with GASB 31, the market value for the portfolio has been recalculated without any inclusions of accrued interest on the securities.
THE RIVERSIDE COUNTY POOLED INVESTMENT PORTFOLIO IS RATED
AAA/MR1 BY MOODY'S INVESTOR SERVICE AND AAA/V-1+ BY FITCH INVESTOR SERVICES
'a c }-��� rte- f•� 5 �S. "�."T "
RCTC
3560 UNIVERSITY AVENUE
SUITE 100
RIVERSIDE, CA. 92501
rl
r•
r r �tiv�Y :
O'' i4
COUNTY OF RIVERSIDE
Pooled Investment Fund -- Portfolio Characteristics
Maturity'
30 Days or Less
30 - 90 Days
90 Days - 1 Year
1 - 2 Years
2 - 5 Years
5 Years Or More
Total:
Assets
388.831.166.34
88,923,234.30
430,431,743.89
134.877.750.00
270,890,256.50
1,313,954,151.03
3500% -
30.00% -
25 Da%
20 005'.
15.00% ,I
1000%
500%
0Da%
29.6%
Maturity
32.8%
6.8%
30 Days or Less
30 - 90 Days
10.3%
90 Days - 1 Year 1 - 2 Years
20 6%
0 0%
2 - 5 Years
5 Years Or More
Oualitv
U.S. Treasury
Federal Agency
AAA
A-1 and /or P -1
AA
A
N/R
Total:
Assets
416.788.333.33
662.660.906.18
121,300,000.00
98,204,911.52
$0.00
$0.00
15,000,000.00
$1,313,954,151.03
Sector
U.S. Treasury
Federal Agency
Cash & MMF's
Commercial Paper
Medium Term Notes
Bankers Acceptances
Certificates of Deposit
Local Agency Bonds
Total:
Assets
416,788,333.33
662,660,906.18
121,300,000.00
49,739,913.89
$0.00
48,464,997.63
15,000,000.00
$0.00
S1,313,954,151.03
includes Reyoo •' Collateralized Time Deposits
Quality
AAA
9.23%
Federal Agency
50.43%
A-1 and /or P-1
7.47%
N/R
1.14%
U.S. Treasury
31 72%
Sector
Commercial Paper Bankers
Cash & MMF's 3.79% Acceptances
9.23% 3.69%
Federal Agency
50.43%
Certificates of
Deposit
1.14%
U.S. Treasury
31.72%
RIVERSIDE PORTFOLIO SIMULATION
Interest Rate Stress Analysis
Interest rate stress analysis is used to show the effect on
market value, given a dramatic change in interest rates. The
table to the right shows the change in market value for both
an instantaneous change in rates (takes place in one day)
and a change in rates that takes place over six months.
Interest rates are assumed to move up or down 300 basis
points (bp) in 50 bp increments. Next to the change in market
value is the gain/loss column for each scenario. The gain or
loss is calculated by subtracting acquisition cost from market
value.
There are other factors, but the major difference in the two
scenarios is interest earned. If the change takes place over
six months there is an additional six months interest income,
plus interest on cash flows reinvested at 5.58%. In addition,
the portfolio is less sensitive to interest rate changes in six
months because the portfolio is six months shorter.
Acquisition
Cost
$1,314,934
$1,314,934
$1,314,934
$1,314,934
$1,314,934
$1,314,934
51,314,934
$1,314,934
$1,314,934
$1,314,934
$1,314,934
$1,314,934
$1,314,934
Yield
Change
(bp)
-300
-250
-200
-150
-100
-50
0
50
100
150
200
250
300
Interest Rate Changes Take Place:
instantaneous Over Six Months
Market Value
Gain/Loss
Market Value
Gain/Loss
$1,327,610
$12,676
$1,355,731
$40,797
$1,325,434
$10,500
$1,355,091
$40,157
$1,323,261
$8,327
$1,354,453
$39,519
$1,321,093
$6,159
$1,353,819
$38,885
$1,318,928
$3,994,
$1,353,188
$38,254
$1,316,654
$1,720
$1,352,448
$37,514
51,313,954
-5980
51,351,280
536,346
$1,310,387
-$4,547
$1,349,245
$34,311
$1,306,177
-$8,757
$1,346,567
$31,633
$1,301,630
-$13,304
$1,343,550
$28,616
$1,296,944
-$17,990
$1,340,395
$25,461
$1,292,263
-$22,671
$1,337,244
$22,310
$1,287,600
-$27,334
$1,334,109
$19,175
($000) omitted.
This analysis demonstrates that sharp moves of interest rates either up or down by 3% will not have a significant effect on this portfolio
RIVERSIDE PORTFOLIO HOLDINGS REPORT
PORTFOLIO: Riverside
June 30, 1998
CUSIP
Agency
31331HQE
31331HQN
313313YU
313589YV
313397ZB
313589ZG
313589ZH
31331 HQR
31331 HQU
31364C6X
31359MDP
3133M1 WT
313389ZT
313389G6
31364CSU
3133M3DB
3133M33W
31364C2J
3133M1 NH
86387RK6
31364FNF
86387RG7
31331 RQS
3133M27C
31364FVV
31364FYS
3133M4D9
3134A1WN
3133M0SN
3133M0Z7
31364C4Z
31364FDM
3133M1 V8
3133M4BY
31364FJT
31331RLL
31364FMM
31331RNG
3134A15T
3133M3MJ
3133M3VJ
3133M3XW
31364FWG
3133M3CX
31331RSU
3133M46U
3133M4A9
3133M4EE
3134A2GR
31364FQ5
31331RVR
Par(Sl
5,000,000.00
15,000,000.00
17,643,000.00
75,000,000.00
23,000,000.00
20.000,000.00
40,000,000.00
10.000,000.00
10,000,000.00
15,000,000.00
5,000,000.00
10,000,000.00
10.000,000.00
5.000.000.00
10.000,000.00
15,000.000.00
7,000,000.00
10.000,000.00
10,000,000.00
10.000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
20,000,000.00
20,000,000.00
20,000,000.00
10,000,000.00 FEDERAL NATL MTG ASSN MTN
10,000,000.00 FEDERAL NATL MTG ASSN MTN
17,950,000.00 FEDERAL HOME LN BKS
5,000,000.00 FEDERAL HOME LN BKS
15,000,000.00 FEDERAL NATL MTG ASSN
8,135.000.00 FEDERAL FARM CREDIT BANK
10,000,000.00 FEDERAL NATL MTG ASSN MTN
10,000,000.00 FEDERAL FARM CREDIT BANK
10,000,000.00 FEDERAL HOME LN MTG CORP
10.000,000.00 FEDERAL HOME LN BKS
10,000,000.00 FEDERAL HOME LN BKS
10,000,000.00 FEDERAL HOME LN BKS
10,000,000.00 FEDERAL NATL MTG ASSN MTN
5,000,000.00 FEDERAL HOME LN BKS
10,000,000.00 FEDERAL FARM CREDIT BANK
10,000,000.00 FEDERAL HOME LN BKS
10,000,000.00 FEDERAL HOME LN BKS
10,000,000.00 FEDERAL HOME LN BKS
10,000,000.00 FEDERAL HOME LN MTG CORP
10,000,000.00 FEDERAL NATL MTG ASSN MTN
10,000,000.00 FEDERAL FARM CREDIT BANK
Issuer
FEDERAL FARM CREDIT BANK
FEDERAL FARM CREDIT BANK
FEDERAL FARM CREDIT BANK
FEDERAL NATL MTG ASSN
FEDERAL HOME LN MTG CORP
FEDERAL NATL MTG ASSN
FEDERAL NATL MTG ASSN
FEDERAL FARM CREDIT BANK
FEDERAL FARM CREDIT BANK
FEDERAL NATL MTG ASSN MTN
FEDERAL NATL MTG ASSN
FEDERAL HOME LN BKS
FHLB-IF(10Y CMT+3%-6M LIBOR)
FHLB INV-VAR (9%-3M LIBOR)
FEDERAL NATL MTG ASSN MTN
FEDERAL HOME LN BKS
FEDERAL HOME LN BKS
FEDERAL NATL MTG ASSN MTN
FEDERAL HOME LN BKS
STUDENT LN MARKETING ASSN
FEDERAL NATL MTG ASSN MTN
STUDENT LN MARKETING ASSN
FEDERAL FARM CREDIT BANK
FEDERAL HOME LN BKS
FEDERAL NATL MTG ASSN MTN
FEDERAL NATL MTG ASSN
FEDERAL HOME LN BKS
FEDERAL HOME LN MTG CORP
FEDERAL HOME LN BKS
FEDERAL HOME LN BKS
Sub -Total 663, 728, 000.00
Cash Equivalent & Money Market Funds
REPO1 81.300,000.00 REPURCHASE AGREEMENT
REPO2 35,000,000.00 REPURCHASE AGREEMENT
0500AS96 5.000,000.00 AIM ST TREASURY PORTFOLIO
Sub -Total
121,300,000.00
Collateralized Time Deposits
CNBCD 10,000,000.00 CITY NATIONAL BANK
CNBCD399 5.000,000.00 CITIZENS BUSINESS BANK
Sub -Total
15,000.000.00
Coupon M iurir
Acquisition Current Current Market
Cost Price N. slur ve,o Accr IoL Gain/Loss 'r ld Mat** Eff Du Av Life
5.650 07/01/98 5,000,000.00 100.0010
5.460 07/01/98 15,000,000.00 100.0010
0.000 07/01/98 17,568,762.18 99.5792
0.000 07/02/98 74,680,936.11 99.5746
0.000 07/08/98 22,885,939.17 99.5041
0 000 07/13/98 19,900,450.00 99.5023
0.000 07/14/98 39,915,222.22 99.7881
5.510 08/03/98 10,000,000.00 100.0100
5.500 09/01/98 10,000,000.00 100.0180
5.710 09/09/98 14.984,160.00 100.0560
5.470 09/14/98 5,000,000.00 100.0230
5.645 10/02/98 9,993,750.00 100.0760
3.050 11/10/98 10,000,000.00 99.0000
5.785 12/16/98 5,000,000.00 100.0000
5 700 12/18/98 9.985,100.00 100.0820
5.510 04/01/99 14,989,800.00 99.9210
5.570 04/07/99 7,000,980.00 99.9520
5.900 07/14/99 10,001,562.50 100.2540
6.065 09/16/99 9,985,000.00 100.0400
5.800 12/17/99 10, 000, 000.00 100.0440
5.440 01/14/00 10,000,000.00 99.5810
5.625 02/08/00 10,000,000.00 99.8210
5.620 02/18/00 10,000,000.00 99.7150
5.806 02/18/00 10,000.000.00 99.8120
5.710 03/22/00 9,985,156.25 99.7980
5.820 04/20/00 10,000,000.00 99.9510
6.000 05/26/00 9,998,437.50 100.0460
6.305 07/21/00 20,006,250.00 100.0120
6.460 07/24/00 20,030,000.00 100.0890
6.250 08/07/00 20,030,000.00 100.0130
6.210 08/16/00 10, 028,125.00 100.2650
6.100 10/16/00 10,000,000.00 99.9450
6.220 11/06/00 17,976,925.00 100.0230
6.000 11/13/00 5,000,000.00 99.8480
6.140 12/11/00 15,000,000.00 100.2500
6.150 1229/00 8,145,168.75 100.2800
5.910 01/12/01 10,000,000.00 99.7900
5.940 01/16/01 10,000,000.00 99.7580
5.850 0226/01 10,000,000.00 99.6600
5.750 03/02/01 10,000,000.00 99.5100
6.125 03/23/01 10.000,000.00 99.8640
6.110 0326/01 10,000,000.00 99.8790
5.970 03/26/01 10,000,000.00 99.8940
6.000 04/09/01 5,000,000.00 99.7270
5.820 04/16/01 10,000,000.00 99.6090
6.000 05/04/01 10,000,000.00 99.7270
6.050 05/11/01 10,000.000.00 99.7770
6.065 05/18/01 10,000,000.00 100.1200
6.030 05/21/01 10,000,000.00 99.9790
5.980 06/14/01 10,000,000.00 99.9380
5.970 06/22/01 10.000.000.00 99.6780
5.700
5.450
5.300
07/01/98
07/07/98
09/30/98
663,091,724.68
81,300,000.00
35,000,000.00
5.000,000.00
121,300,000.00
100.0000
100.0000
100.0000
5,000.050.00
15,000.150.00
17.568.762,18
74.680.936 11
22.885,939.17
19.900,450 00
39.915,222.22
10.001,000.00
10,001,800.00
15,008,400.00
5,001,150.00
10,007,600.00
9.900,000.00
5,000,000.00
10,008,200.00
14,988,150.00
6,996,640.00
10,025,400.00
10,004,000.00
10,004,400.00
9,958,100.00
9,982,100.00
9,971,500.00
9,981,200.00
9,979,800.00
9,995,100.00
10,004,600.00
20,002,400.00
20,017,800.00
20,002,600.00
10,026,500.00
9,994.500.00
17,954,128.50
4,992.400.00
15,037,500.00
8,157,778.00
9,979,000.00
9,975,800.00
9,966,000.00
9,951,000.00
9,986,400.00
9,987,900.00
9,989,400.00
4,986,350.00
9,960,900.00
9,972,700.00
9,977,700.00
10,012,000.00
9,997,900.00
9,993,800.00
9,967.800.00
50.00 5 114 0.00 000
150.00 5112 0.00 0.00
5.430 0.00 000
5 403 0.00 0.01
5 403 0 02 0.02
5 457 0.03 0.04
5-462 004 0.04
1,000.00 5 281 0.09 0.08
1,800.00 5.295 016 0.17
24,240.00 5 418 0.19 0 17
1,150.00 5.270 0.20 9.17
13,850.00 5.342 0.25 0.25
(100.000.00) 6.586 0.35 0.33
5.785 0.20 0.50
23,100.00 5.509 0.45 0.50
(1,650.00) 5.605 0.72 0.75
(4,340.00) 5.622 0.74 0 75
23,837.50 5.642 0.97 1.00
19,000.00 6.021 0.52 0.25
4,400.00 5.767 0.87 0.50
(41,900.00) 5.726 1.42 1.50
(17,900.00) 5.739 1.07 1.58
(28,500.00) 5.800 1.11 1.67
(18,800.00) 5.923 0.77 1.67
(5,356.25) 5.828 1.18 1.75
(4,900.00) 5.844 0.89 1.83
6,162.50 5.971 0.64 0.17
(3,850.00) 6.296 0.61 0.08
(12,200.00) 6.410 0.16 0.08
(27,400.00) 6.239 0.64 0.08
(1,625.00) 6.071 1.40 1.17
(5,500.00) 6.121 0.99 2.33
(22,796.50) 6.205 0.98 0.33
(7,600.00) 6.066 0.92 2.33
37,500.00 5.666 2.24 2.42
12,609.25 5.666 2.29 2.50
(21,000.00) 5.999 1.30 2.50
(24,200.00) 6.043 1.03 2.58
(34,000.00) 5.986 1 48 2.67
(49,000.00) 5.947 1.58 2.67
(13,600.00) 6.175 0.95 2.75
(12,100.00) 6.154 0.94 2.75
(10,600.00) 6.008 1.46 2.75
(13,650.00) 6.104 1.05 2.75
(39,100.00) 5.970 1.64 2.83
(27,300.00) 6.102 1.30 2.83
(22,300.00) 6.132 1.09 2.83
12,000.00 6.016 1.52 0.92
(2,100.00) 6.035 1.58 2.92
(6,200.00) 6.002 1.66 2.92
(32.200.00) 6.089 1.29 3.00
662,660,906.18 (430,818.50) 5.768 0.68 0.99
81,300,000.00
35,000.000.00
5.000,000.00
121.300,000.00
5.130 08/24/98 10,000,000.00 100.0000 10,000,000.00
5.200 12/15/98 5.000.000.00 100.0000 5.000.000.00
15,000,000.00
15,000,000.00
5.779 0.00 0.00
5.521 0.02 0.02
5.373 0.25 0.25
5.688 0.02 0.02
5.204 0.17 0.17
5.263 0.50 0.50
5.224 0.28 0.28
Continued on reverse side...
C l I7
J te ,'
RIVERSIDE PORTFOLIO HOLDINGS REPORT
PORTFOLIO: Riverside
June 30, 1998
Acquisition Current Current Market'
CUSIP Par($) Issuer Coupon Maturity Cost Price Value w/o Ater Int Gain/Loss 1Id\tat" EfTDur AvLife
Bankers Acceptance
1FNGOBOO 23,000,000.00 FIRST CHICAGO NBD 0.000 07/06/98 22,902,684.44 99.5769 22,902,684 44 5 463 0.02 0.02
BKPOB008 4,134,431.46 BANKERS TRUST NY 0.000 08/03198 4,092.025.97 98.9743 4,092.025.97 5486 0.08 0.08
BMNOBOO9 15.000,000.00 BANKAMERICA 0.000 09/02/98 14,812,558.33 98.7504 14,812.558.33 5.420 017 0.17
AHZOBOOA 6.800,000 00 CHASE MANHATTAN 0.000 10/13/98 6.657.728.89 97.9078 6.657.728.89 5.494 0.33 0.33
Sub -Total 48,934,431 46 48,464,997.63 48,464,997.63 5 456 0 11 0 11
Commercial Paper
7954W1G6 10.000.000.00 SMITH BARNEY INC 0.000 07/06/98 9,916,430.56 99.1643 9.916,430.56 5 516 0.02 0.02
07785BG9 10.000.000.00 BELL ATLANTIC FINL SVCS INC 0.000 07/09/98 9,952,638.89 99.5264 9.952,638.89 5.526 0.03 0.03
07389BGA 20,000,000.00 BEAR STERNS COS 0.000 07/10/98 19,904,761.11 99.5238 19,904,761.11 5.556 0.03 D 03
47507MGF 10,000,000.00 JEFFERSON PILOT 0.000 07/15/98 9,966,083.33 99.6608 9.966,083.33 5.569 0.08 0.08
Sub -Total 50,000,000.00 Average Weighted Days for Commercial Paper = 10.00 49,739,913.89 49.739,913.89 5.545 0.04 0.04
U.S. Treasury
9127944X 5,000,000.00 UNITED STATES TREAS BILLS 0.000 07/23/98 4,937,058.33 98.7412 4,937,058.33 5.040 0.06 0.08
912827L6 10,000,000.00 UNITED STATES TREAS NTS 5.250 07/31/98 9,938,671.88 100.0000 10,000,000.00 61,328.12 5.138 0.08 0.08
912827U7 10,000,000.00 UNITED STATES TREAS NTS 5.875 08/15/98 9,990,625.00 100.0630 10,006,300.00 15,675.00 5.256 0.12 0.17
912827M4 217,220,000.00 UNITED STATES TREAS NTS 4.750 09/30/98 217,621,150.58 99.8750 216,948,475.00 (672,675.58) 5.195 0.24 0.25
912827M6 65,000.000.00 UNITED STATES TREAS NTS 4.750 10/31/98 64,975,775.00 99.7810 64,857,650.00 (118,125.00) 5.375 0.32 0.33
912827V7 10,000,000.00 UNITED STATES TREAS NTS 5.500 11/15/98 9,989,062.50 100.0310 10,003,100.00 14,037.50 5.378 0.36 0.42
9128272B 10,000,000.00 UNITED STATES TREAS NTS 5.625 11/30/98 9,990,625.00 100.1250 10.012.500.00 21,875.00 5.294 0.40 0.42
9128272D 5,000,000.00 UNITED STATES TREAS NTS 5.750 12/31/98 4,986,950.00 100.1840 5,009,200.00 22,250.00 5.373 0.48 0.50
912827N4 20,000,000.00 UNITED STATES TREAS NTS 5.125 12/31/98 19,978,125.00 99.8710 19,974,200.00 (3,925.00) 5.390 0.48 0.50
9128272F 20,000,000.00 UNITED STATES TREAS NTS 5.875 01/31/99 19,961,718.75 100.2170 20,043,400.00 81,681.25 5.485 0.55 0.58
9128272K 10,000,000.00 UNITED STATES TREAS NTS 5.875 02/28/99 9,977,978.13 100.2490 10.024,900.00 46,921.87 5.479 0.63 0.67
9128273P 10,000,000.00 UNITED STATES TREAS NTS 5.625 11/30/99 9,996,875.00 100.1240 10,012,400.00 15,525.00 5.529 1.34 1.42
9128273U 15,000,000.00 UNITED STATES TREAS NTS 5.375 01/31/00 14.995,312.50 99.7490 14.962,350.00 (32,962.50) 5.539 1.47 1.58
9128273Y 10.000.000.00 UNITED STATES TREAS NTS 5.500 02/29/00 9.997,656.25 99.9680 9,996,800.00 (856.25) 5.515 1.55 1.67
Sub -Total 417,220,000.00 417,337,583.92 416.788,333.33 (549,250.59) 5.288 0.39 0.41
Grand -Totals 1,316.182,431.46 1,314.934,220.12 1,313.954,151.03 (980.069.09) 5.582 0.48 0.64
Short-term discount securities valued at cost.
Short-term discount securities are yield at cost.
County of Riverside
PROJECTION OF FUTURE CASH FLOW
The Pooled Investment Fund cash flow requirements are based upon a 12 month historical cash flow model. The Treasurer states that based upon
projected cash receipts and maturing investments there are sufficient funds to meet future cash flow disbursement requirements over the next 12 months.
MONTH MONTHLY MONTHLY REQUIRED ACTUAL INV. AVAIL. TO
RECEIPTS DISBMNTS DIFFERENCE MAT. INVEST BALANCE MATURITIES INVEST >1 YR.
7/01 27.4
07/98 229.8 323.0 (93.2) 65.8 - 398.8
08/98 295.5 263.2 32.3 32.3 34.0
09/98 225.5 269.1 (43.6) 11.3 - 267.4
10/98 256.2 403.5 (147.3) 147.3 81.6
11/98 290.7 322.9 (32.2) 32.2 - 29.9
12/98 674.6 339.1 335.5 - 335.5 44.9
01/99 278.9 461.8 (182.9) 152.6 19.9
02/99 337.1 296.1 41.0 - 193.6 10.0
03/99 378.3 349.1 29.2 - 222.8
04/99 628.3 382.6 245.7 - 468.5 22.0
05/99 259.1 657.2 (398.1) - 70.4
06/99 299.9 388.4 (88.5) 18.1
Totals: 4,153.9 4,456.0 (302.1) 274.7 908.5 1,039.3
20.91% 69.14% 79.09%
Gross 1 ieiu Trends
The yield history represents gross yields; administrative costs have not been deducted. Actual eamings on your fund
balance will be credited by the Auditor -Controller based upon County Treasurer calculations. Portfolio yield always lags
current trends in short-term interest rates. Yields fluctuate with changing markets and past performance is not an
indication of future results.
Gross Yield Trends
6.50
PORTFOLIO 90 DAY
MONTH YIELD T -BILL
Jul -97 5.53 5.17
Aug -97 5.55 5.24
Sep -97 5.58 5.06
Oct -97 5.57 5.08
Nov -97 5.52 5.25
Dec -97 5.62 5.28
Jan -98 5.52 5.16
Feb -98 5.49 5.20
Mar -98 5.50 5.14
Apr -98 5.47 5.06
May -98 5.49 5.11
Jun -98 5.50 5.10
6.00
5.50
5.00
4.50
4.00
Jul -97 Aug -97 Sep -97 Oa.97 Nov -97 Dee -97 Jr►98 Fb9S ter -68
1 PORTFOLIO YIELD T90 DAY TILL
AR -9e y. B J�99
03C019
COMPLIANCE
CALIFORNIA GOVERNMENT CODE & COUNTY INVESTMENT POLICY
AUTHORIZED INVESTMENTS
Government Code
Cal Govt Investment Latccor, Maximum Authorized % Quality
Maturity Limit S&P/Mogdv s
Code
Maximum
Mamnty
County Investment Policy
Authorized 0 ., ualtn
Limit S&I' R1oud\ •,
Actual
Riverside
Portfolio °-o
53601(a)
LOCAL AGY BONDS
5 YEARS
NO LIMIT
7 YEARS
15%! 5150mm
A/A2
0 00°6
53601(b)
U S TREASURY
5 YEARS
NO LIMIT
3 YEARS
85%/850mm
N/A
31 72%
5360I(d)
CALIFORNIA LOCAL
AGENCY DEBT
5 YEARS
NO LIMIT
Combined w/Local
Agency Bds
53601(e)
FEDERAL AGENCIES
5 YEARS
NO LIMIT
3 YEARS
75%
N/A
50 43%
53601(0
BILLS OF EXCHANGE
270 DAYS
40%
_
180 DAYS
30%
Al/P1
3 6Q° °
53601(a)
COMM_ PAPER
180 DAYS
15%or30%'
Al/P1
_ 90/31 DAYS
15%plus 15%
AI/PI
3 79%
53601(h)
CERTIFICATE & TIME
DEPOSITS
5 YEARS
30%
1 YEAR
0%max
A+/.AI
53601(1) _
REPOS
1 YEAR
NO LIMIT
7 DAYS
10% max
N/A
8 85%
53601(il
REVERSE REPOS
92 DAYS
20%
92 DAYS
10% mac
N/A
0 00%
536011 j )
MED- TERM NOTES
5 YEARS
30%
A
2 YEARS
7% / $75mm
AA/A:12.
0 00%
53601(kt
MUTUAL FUNDS
5 YEARS'
20%
AAA/Aaa'
IMMEDIATE
15% /$150mm
AAA
0.3)i°
53601(m)
SECURED DEPOSITS
(BANK DEPOSITS)
5 YEARS
NO LIMIT
1 YEAR
2%max
1 14%
53601(n)
MORTGAGE PASS -
THROUGH SECURITY
5 YEARS
20%
AA
N/A
N/A
LOCAL AGENCY
N/A
NO LIMTT
3 YEARS
1
0% max
No more than 30% of this category may be invested with any one commercial bank
230% if dollar weighted average maturity does not exceed 31 days Commercial paper a\ erage da s to m:nurin_ i
Mutual Funds maturity may be interpreted as weighted average maturity
()r must have an Investment Advisor with not less than 5 years experience and with assets under management of S500,000.000
10.00
COMPLIANCE WITH STATE LAW AND TREASURER'S POLICY
The County Treasurer's Statement of Investment Policy is more stringent than the California
Government Code. This policy is reviewed annually and presented to the County's Investment
Oversight Committee and the County Board of Supervisors. As of this month end the
County's Pooled Investment Fund was in compliance with this more restrictive policy.
Although we have been diligent in the preparation of this report, we have relied upon numerous
pricing and analytical sources including Bloomberg Market Database and Capital Management
Sciences, Inc.
FUND SERVICES ASSOCIATES. INC.
(310) 229-9170
Los Angeles - San Francisco - New York
R e g i s t e r e d I n v e s t m e n t A d v i s o r s
AGENDA ITEM 5C
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget & Finance Committee
FROM:
William Hughes, Measure A Project Manager
Louis Martin, Project Controls Manager
THROUGH:
Eric Haley, Executive Director
SUBJECT:
Monthly Cost and Schedule Reports
The attached material depicts the current costs and schedule status of contracts
reported by routes, commitments, and cooperative agreements executed by the
Commission. For each contract and agreement, the report lists the authorized value
approved by the Commission, percentage of contract amount expended to date, and
the project expenditures by route with status for the month ending June 30,1998.
Detailed supporting material for all schedules, contracts and cooperative agreements
is available from Bechtel staff.
STAFF RECOMMENDATION:
That the Commission receive and file.
Attachments
000021
RCTC MEASURE "A" HIGHWAY/RAIL PROJECTS
BUDGET REPORT BY ROUTE
COM MISSI ON C ONTRACTURAL % COMMITTED EXPENDITURE F OR % EXPENDITURES
PROJECT AUTHORIZED COMMITMENTS AGAINST AUTH, MONTH ENDED EXPENDITURES TO -DATE AGAINST
DESCRIPTION ALL OCATI ON TO DATE ALLOCATION June 30, 1998 TO DATE C OMMITMNTS TO DATE
ROUTE 60 PROJECTS
Park 'n' Ride Lot Final Design (R09738)
SUBTOTAL ROUTE .60
ROUTE 79 PROJECTS
Engineering/Environ./R O W
(R09111,9301,9302, 9306,9337,9735, 9329,9737)
Project is Complete. Performing project close-
out tasks and consultant performing on -going
environmental inspectio ns.
SUBTOTAL ROUTE 79
RO UTE 111 PROJECTS
(R0 9219, 9227,9234,9523,9525,9530,9537,9538)
9635,9743
SUBTOTAL ROUTE 111
ROUTE 91 PROJECTS
Soundwall design and construction
(R09101, 9337,9827)
Van Buren Blvd. Frwy Hook Ramp (R09535)
Corona Bypass Study (R09736)
(Study is complete- in the closeout process)
SUBTOTAL ROUTE 91
1-215 PROJECTS
Preliminary Engrg/Environ. (R09008, 9018)
SUBTOTAL 1-215
$39,697 $39,697
$39,697 $39,697
$9,696,360 $9,696,360
$9,696,380 $9,696,360
$10,334,000 $10,334,000
$10,334,000 $10,334,000
$2,608,424 $2,539,519
$2,300,000 $2,300,000
$169,220 $169,220
$5,077,644 $5,008,739
$6,726,504 $5,878,173
$6,726,504 $5,878,173
Page 1 of 3
100.0 %
100.0%
100.0%
100.0%
100 .0 %
100.0%
97 .4 %
100.0 %
100 .0 %
98.6%
87.4%
87. 4%
$174
*174
$219,658
*219,669
$3,596
*3,596
*0
$34,158
$34,158
$9,632,869
$9,632,869
$6,822,313
*6,822,313
$1,383,477
$1,229,442
$144,554
$2,757,473
$5,697,757
$5,697,757
86.0%
86.0%
99 .3%
99 .3%
66 .0%
66.0%
54.5%
53 .5%
85.4 %
65.1%
96 .9 %
96.9%
RCTC MEASURE "A" HIGHWAY PR OJECTS
BUDGET REP ORT BY ROUTE
COMMISSION C ONTRACTURAL
PROJECT AUTH ORIZED COMMITMENTS
DESCRIPTION ALLOCATION TO DATE
INTERCHANGE IMPR OV. PROGRAM
Yuma IC Final Design (PS&E) (R09428) $1,354,508
Yuma IC Constr. Mgmt (R09631) $1,023,500
Yuma IC Construction (R09636) $6,600,000
(Pro ject is complete - doing contract
close-out)
SUBTOTA L INTERCHANGE 58,978;008
PRO JECT & CONSTR. MGMT SERV.
(R09800, 9900) $1,974,813
SUBTOTAL BECHTEL 51;974,813
PROG RAM PLAN & SERVICES
Special Study (ITS Plan - R09727) $450,000
SUBTOTAL PROG RAM PLAN & SVCS. 5450,000
PARK-N-RIDEIINCENT. PROGRAM
(RO 9801 thru 9812) (9740-9742) $1,683,280
SUBTOTAL PARK -N -RIDE 51,683;280
CO MMUTER RAIL
Studies/Engineering
(RO 9420,9731,9832,9833,9844,9854)
$1,433,202
$1,354,508
$988,050
$6,359,649
$8,702,207
% COMMITTED EXPENDITURE FOR % EXPENDITURES
AGAINST AUTH. MONTH ENDED EXPENDITURES TO -DATE AGAINST
ALLO CATION June 30, 1998 TO DATE COMMIT MNTS TO DATE
100.0% $26,774 $1,340,282
96 .5% $1,028 $979,358
96.4 % $48,920 $6,353,072
98.9% 576,7221 58,672,712
$1,904,813 96 .5 % $245,732 $1,635,605
51,904,813 96.$% $245,732 .51,635,606
$450,000 100.0 % $19,542 $342,117
5450,000 r 100.0% 519,542 $342,117
$1,683,280 100 .0 % $100,575 $1,309,582
$1,683,280 100.0% 3100,575 $1,309,582
$1,292,354 90 .2 % $45,829 $1,190,913
Station/Site Acq/OP Costs/M aint. Costs
(RO 0000, 9820, 9836, 9843,9845) $9,207,502 $8,226,000
SUBTOTAL COMMUTER RAIL 510,640,704 59,518,354
TOTALS.
$65,601,010 553,215,623
89.3% $3,085,558 $3,663,284
89.6% 83,131,387 $4,854,197
95.7% $3,797,386 $41;758,783
98 .9 %
99 .1 %
99.9 %
99.7%
85.9%
66.9%
76.0%
76.0%
77 .8%
77.8%
92.2 %
44.5%
51 .0%
78.5%
Page 2 of 3
RCTC MEASURE "A" HIGHWAY/LOCAL STREETS & ROADS PROJECTS
BUDGET REPORT BY PR OJECT
EXPENDITURE FOR TOTAL OUTSTANDIN G % EXPENDITURES
PR OJECT APPROVED MONTH ENDED MEASURE "A" LOAN OUTSTANDING TO -DATE AGAINST
DESCRIPTION COMMITMENT June 30, 1998 ADVANCES BALANCE COM MIT MENT APPROVED COMMIT.
CITY OF MURRIETA
Loan Agreement 1-15/1-215
Interchange improve ments (R09334)
(Loan Agreement is Terminated)
SUBTOTAL, MURRIETA LOAN
CITY OF CANYON LAKE
Railroad Canyon Rd Improvements (R09422)
SUBTOTAL. CANYON LAKE: LOAN
CITY OF CORONA
Smith, M aple & Lincoln Interchanges &
Storm drainage structu re
SUBTOTAL CITY OF CORO NA
CITY OF PERRIS
Local streets & road improvements
CITY OF SAN JACINTO
Local streets & road improvements
CITY OF TEMECULA
Local streets & road improvements
(1)
CITY OF NORCO
Yuma IIC & Lo cal streets and road Imprmts
$17,000,000
$1,377,000
$17;010O,000$O $1,377,000
$0
$1,600,000 $1,600,000 $1,404,987
$1,600,000 SO $1,000,000 $1,404,987
$5,212,623 $5,212,623 $4,409,047
$5,212,523 $i} $5;212,623 $4,409,047
$1,936,419 $1,936,419 $1,827,500
$1,324,500 $1,324,500 $1,250,000
$5,094,027 $5,094,027 $4,807,500
$2,139,067 $2,139,067 $2,018,750
TOTALS $32,167,6891 $0 $16,544,689 $13,699,154
NOTE: (1) Loan against interchange improvement programs.
All values are for total Project/Contract and not related to fiscal year budgets.
*** Total advances of $1.377M represents the total Measure "A" previous advances under this agreement . This amt . was paid in full by the
City of Murrieta November 1995.
so
$0
$O
$0
$0
$0
8.1%
8.1%
100.0%
100 .0 %
100 .0%
100.0%
100.0%
100 .0%
100.0%
100.0 %
51.4%
Page 3 of 3
Stat us as of 06/30/98
AGENDA ITEM 5D
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget & Finance Committee
FROM:
Dean Martin, Chief Financial Officer
SUBJECT:
Single Signature Authority Report
For the six month period ending June 30, 1998, three contracts were executed under
single signature authority granted to the Executive Director by the Commission.
There was $20,366 in expired and unused capacity.
STAFF RECOMMENDATION:
That the Commission receive and file.
0 0 00;7..:5
CONTR ACTS AUTHORIZED UNDER
SINGLE SI GNATURE AUTHORITY
AS OF JUNE 30, 1998
CONSULTANT
Ke ith Woo d
Hinkling, Le wis & Brod (HLB)
Keith Woo d
DESCRIPTION CONTRACT EXPENDED REMAINING
OF SERVICES AMOUNT AMOUNT BALANCE
K eith Wood for th e p erforman ce of painting 9,800 9,800 0
The Pedley Station can opies .
Revi ew C ost/Benefit Analysis RT74 10,000 8,000
Risk Analysis
Keith Wo od for the performance of painting 9,834 9,834
P edl ey Station curbs, poles,parking lot etc.
2,000
TOTAL 29,634 17,800 2,000
AMOUNT AVA ILABLE JANUARY 1, 1998 50,000
AMOUNT REMA INING THRU JUNE 30, 1998 20.366
f:\users\preprint\dp\sinsig98
CD
G
i,?
O
AGENDA ITEM 6A
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget & Finance Committee
FROM:
Cathy Bechtel, Program Manager
THROUGH:
Eric Haley, Executive Director
SUBJECT:
FY 1998-99 State Transit Assistance Allocations
In order for the public transit operators to claim State Transit Assistance (STA) funds
for operating and capital purposes, the Commission must allocate funds to support
the transit services and capital projects contained in the approved FY 1999-2005
Short Range Transit Plan (SRTP) identified for funding with State Transit Assistance
funds.
When the SRTP was prepared, the operators assumed for planning purposes that the
State appropriation of funds would be the same as the previous year. According to
the State Controller's Office, the amount of STA funds that are expected to be
received in Riverside County for FY 1999 is $2,360,478 ($2,119,713 discretionary
pot, $240,765 operator specific pot). An additional $626,481 in unapportioned STA
funds is also available, bringing the total to $2,986,959. The attached table outlines
the specific operator allocations which need to be approved by the Commission. The
State allocated non -discretionary funds will be used first with the balance derived
from the discretionary allocation.
Financial Assessment
Project Cost
Source of Funds
Included in Fiscal Year Budget
Included in Program Budget
Approved Allocation
Budget Adjustment Required
Financial Impact Not Applicable
$2,186,116
State Transit Assistance
Y
Y
N
Year Programmed
Year of Allocation
Year
99
99
0000; 7
STAFF RECOMMENDATION:
That the Commissions approve the FY 1998-99 State Transit Assistance Fund
allocations in Riverside County as presented in the attached table and approve a
resolution consistent with the requirements of the Transportation Development Act,
Statutes and California Code of Regulations, January 1998, Subchapter 2.5 Section
6753. The resolution will be available at the Commission meeting.
State Transit Assistance
Fiscal Year 1999 Allocation
Current Year Allocation Requests per SRTP
Beaumont
Corona
Riverside
Riverside Transit Agency
$1,162,116
SunLine Transit Agency
Total Current Year Funding Requests
f:\users\bechtelc\lotus\99staf.wk4
County
Allocation
Western
County
Bus
$165,000
$24,000
$100,000
Coachella
Palo Verde
$2,186,116
$1,451,116
$735,000
$01 _ $735,000
$0
05:32 PM 23 -Jul -98
Q _1 9
AGENDA ITEM 6B
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget & Finance Committee
FROM:
Cathy Bechtel, Program Manager
THROUGH:
Eric Haley, Executive Director
SUBJECT:
Request from Anza Valley Seniors
The Anza Valley Seniors recently received two surplused 1992 Ford vans from the
Riverside Transit Agency to allow them to provide local transit service in the
community. The group is requesting the Commission's assistance through the
allocation of Measure A Specialized Transit operating assistance in the amount of
$66,724, which is projected to cover expenses for two years. Anza Valley Seniors
realizes that the Commission recently completed their call for projects for allocation
of these funds, however, they did not receive word about their award of the vehicles
until mid -June, after the completion of the Commission's process.
Anza Valley Seniors has formed a transportation committee, which meets weekly to
plan the provision of service, which includes:
• Service will begin on August 3, 1998. Local service will be offered on
Tuesdays and Thursdays. Service to Temecula will be offered on Mondays, to
Hemet on Wednesdays, and Palm Desert on Friday.
• The program will be staffed entirely by volunteers. Sixteen drivers have
already been recruited, the Chamber of Commerce will handle all calls, and a
volunteer coordinator is in place.
• Driver training has been provided by RTA.
• Local businesses have contributed some start-up funds to cover insurance,
registration, etc.
• Route schedules have been advertised in the Anza Valley Outlook and High
Country Journal.
Earlier in the year staff met with representatives of the Anza Valley Seniors to discuss
the transit needs in this very rural area of the county. The community involvement
in this area is high and their successes are evident with the receipt of the two vans
and their service development plan. When the Commission approved the Measure A
Specialized Transit program for FY99-2000, there was a balance of unallocated funds
0J3030
available for the contingency. Staff is supportive of this request for Measure A
Specialized Transit Assistance, with a few caveats:
1) It is imperative that a fundraising plan is in place to allow for long-term
operation without dependence on Measure A Specialized Transit funds beyond
the initial grant.
2) The volunteer driver program needs to be closely monitored to ensure a ready
pool of drivers to allow service consistency and stability.
3) Their operating budget needs to be clarified. Staff would request the
opportunity to work with the group on this and firm up a grant amount not to
exceed their requested $66,724.
Financial Assessment
Project Cost
Included in Fiscal Year Budget
Included in Program Budget
Approved Allocation
Not to exceed $66,724
Western County Measure A Specialized Transit Funds
Y
Y
Year Programmed
Year of Allocation
Year
99
99
Budget Adjustment Required
Financial Impact Not Applicable
N
Reviewed by Chief Financial
Officer for Availability of Funds
Y
STAFF RECOMMENDATION:
That the Commission allocate up to $66,724 in Western County Measure A
Specialized Transit funds to the Anza Valley Seniors and direct the Executive Director
to execute a funding agreement with the organization which outlines the monitoring
requirements, service plan and program budget.
AGENDA ITEM 6C
wjuU32
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget & Finance Committee
FROM:
Jerry Rivera, Program Manager
THROUGH:
Eric Haley, Executive Director
SUBJECT:
FY 1998-99 SB 821 Bicycle and Pedestrian Facilities Program
In April the Commission notified the cities, the county, and local school districts that
an estimated $635,090 would be available for programming in FY 1998-99 through
the SB 821 Bicycle and Pedestrian Facilities Program. This program is funded by an
allocation of 2% of the total Local Transportation Funds (LTF) apportioned to
Riverside County by the State and funds carried over from prior years. Carryover
funds available this year were $41,667 from higher than estimated revenues last year
and from previously programmed projects which either did not require the full
allocation due to actual costs being lower than the estimated costs or were
subsequently abandoned by the applicants for various reasons.
The Commission received 61 proposals for projects (four bicycle projects, 51 sidewalk
projects, and 6 ADA related retrofit projects) from 15 agencies requesting a total of
$1,900,153 (Attachment I). An evaluation committee consisting of three members
from the Commission's Citizens Advisory Committee and three members from the
Technical Advisory Committee reviewed the proposals on June 24, 1998. All of the
applicants were invited to the meeting and requested to present their proposal(s) to
the Committee. The proposals were evaluated and ranked based upon the
Commission adopted scoring criteria (Attachment II). Twenty-one projects are
recommended for funding as indicated on the attached schedule.
Financial Assessment
Project Cost
$676,757
Source of Funds
LTF
d^'f Y Eff
.. ...' .. . . . . . . .. Ftih.�.na
.. x4o- ':i
) qSY ;y. ^s• i•F t4 f '�. Y
...._::f..i :.. 4... .Y.r. k.: ,, Y... ,
Included in Fiscal Year Budget
Y
Year
Included in Program Budget
Y
Year Programmed
98/99
Approved Allocation
Y
Year of Allocation
98/99
Budget Adjustment Required
N
Financial Impact Not Applicable
Y
STAFF RECOMMENDATION:
That the Commission approve the FY 1998-99 SB 821 Bicycle and Pedestrian
Facilities Program allocations as shown on the attached schedule.
000034
RIVERSIDE C OUNTY TRANSPORTATION COMMISSI ON
SB 821 BICYCLE AND PEDEST RIAN FA CILITIES PROGR AM
FY 1998-99 RECOMMENDED FUN DING
Agency
Temecula
Cathedral City
Palm Desert
La Quinta
Riverside
Blythe
Moreno Valley
Riverside County
Blythe
Moreno V alley
Perris
Moreno Valley
Corona
Riverside Coun ty
Riverside County
Riverside
Riverside
Indio
Coachella
Palm Springs
Banning
Projeet._Description
Santa Certrudis Creek Bike Trail
Downtown Pedestrian Bridge (2 yr . pr oject)
Palm Valley Channel Pedestria n Bridge
Dune Palm Road Sidewalk
Arlington Ave. Sidewalk
North Lovekin Sidewalk
Sunnymead Blvd. Sidewalk
Mayberry Ave. Sidewalk
West Banard Sidewalk
Accessibility Enhancements
Park Ave. Sidewalk
Heacock Av e. Sidewalk
South Coron a Bikeway
Sun City Access Ramps
Fred Waring Dr. Sidewalk
California Ave. Sidewalk
Sierra Vista Sidewalk
Palo Verde Sidewalk Improvements
Fifth St. Sidewalk *
Sidewalk Safety Project
Nicolet St. Sidewalk
TO TALS
* Funding for sidewalk on one side of the street only!
JR: 6/25/98
Total SB 821 Funds Recomme nded Cummulative
Costs Requested Allocation Funds Allocated
$259,500
$10,000
$88,000
$33,718 -
$137,000
$4,080
$25,000
$46,000
$4,325
$8,000
$55,000
$20,000
$65,000
$34,500
$48,000
$50,100
$10,800
$51,840
$58,000
$77,395
$30,000
$159,500
$7,000
$44,000
$23,734
$68,500
$4,080
$12,500
$31,000
$4,325
$4,000
$22,000
$10,000
$52,000
$29,500
$48,000
$25,050
$5,400
$43,200
$52,200
$46,437
$22,500
$159,500
$7,000
$44,000
$23,734
$68,500
$4,080
$12,500
$31,000
$4,325
$4,000
$22,000
$10,000
$52,000
$29,500
$48,000
$25,050
$5,400
$43,200
$26,100
$46,437
10431
$1,116,258 $714,926 $676,757
$159,500
$166,500
$210,500
$234,234
$302,734
$306,814
$319,314
$350,314
$354,639
$358,639
$380,639
$390,639
$442,639
$472,139
$520,139
$545,189
$550,589
$593,789
$619,889
$666,326
$676,757
RCTC SB 821 PROGRAM SUBMITTALS Attachment I
FY 1998-99
Agency
Banning (6)
Ramsey St. Sidewalk
Nicolet St. Sidewalk
Park St. Sidewalk
George St. Sidewalk
Lyons Park Sidewalk
Sylvan Park Sidewalk
Total
Beaumont (2)
8th St & 14th St Bike Lane
Blythe (3)
Gateway/Anderson Park Sidewalk
North Lovekin Sidewalk
West Banard Sidewalk
Total
Cathedral City (2 yr. Project)
Downtown Ped./Bicycle Bridge
Coachella (10)
Fifth St. Sidewalk
Seventh St. Sidewalk
Eighth St. Sidewalk
Ninth St. Sidewalk
Date Avenue Sidewalk
Damascus Ave. Sidewalk
Cairo Ave. Sidewalk
Avenue 52 Sidewalk
Avenida 50 Sidewalk
Avenida De Oro Sidewalk
Total
Corona (2)
Downtown Wheelchair Ramps
South Corona Bikeway
Total
Total SB 821 Funds Local
Cost Requested Match
$30,000 $22,500
$30,000 $22,500
$24,000 $18,000
$20,000 $15,000
$25,000 $18,750
$24000 $18,000
$153,000 $114,750
$83,328
$8,820
$4,080
$4.325
$17,225
$10,000
$7,500
$7,500
$6,000
$5,000
$6,250
$6,000
$38,250
$43,152 $40,176
$6,615
$4,080
$4,325
$15,020
$7,000
$58,000 $52,200
$71,500 $64,350
$25,100 $22,590
$32,400 $29,160
$15,800 $14,220
$81,800 $73,620
$28,200 $25,380
$14,400 $12,960
$8,500 $7,650
$10.000 $9.000
$345,700 $311,130
$2,205
$0
$Q
$2,205
$3,000
$5,800
$7,150
$2,510
$3,240
$1,580
$8,180
$2,820
$1,440
$850
$1.000
$34,570
$60,000 $60,000 $0
$65.000 $52,000 $13,000
$125,000 $112,000 $13,000
0000036
RCTC SB 821 PROGRAM SUBMITTALS Attachment I
FY 1998-99
Agency
Indio (7)
Palo Verde Sidewalk
Kenner Sidewalk
Smurr Sidewalk
Fred Waring Dr. Sidewalk
Tourmaline Sidewalk
Ruby Sidewalk
Emerald Sidewalk
Total
La Quinta
Dune Palms Road Sidewalk &
Fred Waring Dr. Curb Cuts
Moreno Valley (8)
School Area Access. Enhance.
Accessibility Enhancements
Bay Avenue Sidewalks
Sunnymead Blvd. Sidewalk
Brodiaea Ave. Sidewalk
Heacock St. Sidewalk
Day St. Sidewalk
Ironwood Ave. Sidewalk
Total
Palm Desert
Palm Valley Channel Ped. Bridge
Palm Springs
Sidewalk Safety Program 1998/99
Perris
Park Avenue Sidewalk
Riverside (4)
Arlington Ave. Wheelchair Ramps
California Ave. Sidewalk
Sierra Vista St. Sidewalk
Orchard St. Sidewalk
Total
Total SB 821 Funds
Cost Requested
$51,840 $43,200
$68,040 $56,700
$41,472 $34,560
$40,500 $33,750
$38,880 $32,400
$38,880 $32,400
$_38.88.0 $32,400
$318,492 $265,410
$33,718 $23,734
$25,000 $12,500
$8,000 $4,000
$18,000 $9,000
$25,000 $12,500
$20,000 $10,000
$20,000 $10,000
$50,000 $25,000
$15,000 $7.500
$181,000 $90,500
$88,000 $44,000
$77,395 $46,437
$55,000 $22,000
$137,000
$50,100
$10,800
$37.100
$235,000
$68,500
$25, 050
$5,400
$18,550
$117,500
Local
Match
$8,640
$11,340
$6,912
$6,750
$6,480
$6,480
K480
$53,082
$9,984
$12,500
$4,000
$9,000
$12,500
$10,000
$10,000
$25,000
$/,500
$90,500
$44, 000
$30, 958
$33,000
$68, 500
$25,050
$5,400
$_1$,_55Q
$117,500
0';0037
U
RCTC SB 821 PROGRAM SUBMITTALS Attachment I
FY 1998-99
Total SB 821 Funds Local
Agency Cost Requested Match
Riverside County (9)
Washington/Krameria Walkway $42,000 $37,000 $5,000
Opal Street Walkway $37,000 .$25,000 $12,000
Peralta Place Walkway $91,000 $66,000 $25,000
Serfas Club Dr. -West Sidewalk $65,000 $65,000 $0
Sun City Access Ramps $34,500 $29,500 $5,000
Mayberry Ave. Sidewalk $46,000 $31,000 $15,000
McCall Blvd Walkway - Sun City $36,500 $36,500 $0
Fred Waring Dr. Sidewalk $48,000 $48,000 $0
Kokell Ave. Sidewalk $52.000 $47.000 $5.000
Total $452,000 $385,000 $67,000
Temecula (6)
Solana Way Sidewalk $14,300 $10,700 $3,600
Margarita Road Sidewalk - East 1 $8,800 $6,800 $2,000
Margarita Road Sidewalk - West 1 $22,000 $17,600 $4,400
Margarita Road Sidewalk - East 2 $68,310 $53,310 $15,000
Margarita Road Sidewalk - West 2 $68,310 $54,610 $13,700
Santa Gertrudis Creek Bike Trail $259.500 $159.500 $100,00Q{
Total $441.220 $302.520 $138.700
Grand Totals -15 Agencies
65 Projects
Total SB 821 Funds Available
JR: 6/01/98 Rev. 6/25/98
$2.616078 $1,900.153 $715.925
$676.757
0.)0038
Rank Agency
1 Temecula
2 Cathedral City
3 Palm Desert
4 La Quinta
5 Riv erside
6 Blythe
7 Moreno Valley
8 Riverside County
9 Blythe
10 Moreno Valley
11 Perris
12 Moreno Valley
13 Corona
14 Riverside County
15 Riverside County
16 Riverside
17 Riverside
18 Indio
19 Coachella
19 Palm Springs
21 Banning
22 Riverside County
23 Coro na
24 Bann ing
25 Riv erside County
26 Riverside County
27 Moreno Valley
28 Blythe
29 Riverside
30 Moreno Valley
31 Banning
32 Bann in g
33 Riverside County
RIVERSIDE COUNTY TRANSPORTATION C OMMISSI ON
SB 821 BICYCLE AN D PEDESTRIAN FACILITIES PR OGRAM
FY 1998-99 RANKIN G OF P ROJECTS
Project Description
Santa Gertrudis Creek Bike Trail
Downtown Pedestrian Bridge
Palm Valley Channel Ped. Bridge
Dune Palm Road Sidewalk
Arlington Ave . Sidewalk
North Lovekin Sidewalk
Sunnymead Blvd. Sidewalk
Mayberry Ave . Sidewalk
West Banard Sidewalk
Accessibility Enhancements
Park Avenue Sidewalk
Heacock Avenue Sidwalk
South Corona Bikeway
Sun City Access Ramps
Fred Waring Dr. Sidewalk
California Avenue Sidewalk
Sierra Vista Sidewalk
Palo Verde Sidewalk Improvements
Fifth Street Sidewalk
Sidewalk Safety Project
N icolet St. Sidewalk
Opal St. Sidewalk
Downtown Wheelchair Ramps
Ramsey St. Sidewalk
McCall Blvd. Walkway
Peralta Place Sidewalk
School A rea Accessibility
Gateway/Anderson Park Sidewalk
Orchard St. Sidewalk
Day Street Sidewalk
Park Street Sidewalk
Lyons Park Sidewalk
Washington/Krameria Sidewalk
Attachment II
Total SB 821 Funds Recommended Cummulative Average
Costs Requested Allocation Funds Allocat ed Score
$259,500 $159,500 $159,500 $159,500 91 .03
$10,000 $7,000 $7,000 $166,500 87
$88,000 $44,000 $44,000 $210,500 86
$33,718 $23,734 $23,734 $234,234 85.73
$137,000 $68,500 $68,500 $302,734 83.83
$4,080 $4,080 $4,080 $306,814 80 .5
$25,000 $12,500 $ I2,500 $319,314 79.83
$46,000 $31,000 $31,000 $350,314 78.5
$4,325 $4,325 $4,325 $354,639 78
$8,000 $4,000 $4,000 $358,639 73.17
$55,000 $22,000 $22,000 $380,639 72 .17
$20,000 $10,000 $10,000 $390,639 71 .67
$65,000 $52,000 $52,000 $442,639 71
$34,500 $29,500 $29,500 $472,139 69.23
$48,000 $48,000 $48,000 $520,139 68
$50,100 $25,050 $25,050 $545,189 67 .5
$10,800 $5,400 $5,400 $550,589 66.67
$51,840 $43,200 $43,200 $593,789 66.63
$58,000 $52,200 $26,100 $619,889 66 .5
$77,395 $46,437 $46,437 $666,326 66 .5
$30,000 $22,500 $10,431 $676,757 66
$37,000 $25,000 $0 $666,326 65.5
$60,000 $60,000 $0 $666,326 65
$30,000 $22,500 $0 $676,757 63.67
$36,500 $36,500 $0 $676,757 63
$91,000 $66,000 $0 $676,757 61 .67
$25,000 $12,500 $0 $676,757 60.83
$8,820 $6,615 $0 $676,757 60 .33
$37,100 $18,550 $0 $676,757 60
$50,000 $25,000 $0 $676,757 59.67
$24,000 $18,000 $0 $676,757 59.17
$25,000 $18,750 $0 $676,757 58.83
$42,000 $37,000 $0 $676,757 58.57
Rank Agency
34 Coachella
35 Temecula
36 Coachella
36 Moreno Valley
38 Riverside County
39 Moreno V alley
40 Coachella
41 Banning
42 Moreno V alley
43 Indio
44 Riverside County
45 Coachella
46 Indio
47 Banning
47 Temecula
49 Beaumont
50 Indio
51 Indio
52 Temecula
53 Temecula
54 Indio
55 Indio
56 Coachella
56 Coachella
58 Coachella
58 Coachella
60 Temecula
61 Indio
Totals
RIVE RSIDE C OUNTY TRANSP ORTATION COMMISSION
SB 821 BICY CLE AND PEDEST RI AN FACILITIES PROGRAM
FY 1998-99 R AN KING OF PROJECTS
Project Description
Seventh St . Sidewalk
Solana Way Sidewalk
Eighth St . Sidewalk
Brodiaea Ave . Sidewalk
Serfas Club Dri ve - West Sidewalk
Bay Ave . Sidewalk
Ninth St. Sidewalk
Sylvan Park Sidewalk
Iron wood Ave . Sidewalk
Kenner Sidewalk Improvements
Kokell St. Sidewalk
Date Ave. Sidewalk
Smurr Sidewalk Improvements
George St. Sidewalk
Margarita Rd. Sidewalk - East side
8th St. & 14th St. Bike Lane
Fred Waring Dr. Sidewalk Improve.
Tourmaline Sidewalk Improvements
Margarita (Overland) Sidewalk - E/S
Margarita Rd. Sidewalk - West side
Ruby Sidewalk Improvements
Emerald Sidewalk Improvements
Damascus Ave. Sidewalk
Cairo Ave. Sidewalk
Avenue 50 Sidewalk
Avenida Deo Oro Sidewalk
Margarita(Overland)Sidewalk - W/S
Avenue 52 Sidewalk
Total
Costs
$71,500
$14,300
$25,100
$20,000
$65,000
$18,000
$32,400
$24,000
$15,000
$68,040
$52,000
$15,800
$41,472
$20,000
$8,800
$83,328
$40,500
$38,880
$68,310
$22,000
$38,880
$38,880
$81,800
$28,200
$8,500
$10,000
$68,310
$14,400
SB 821 Fu nds Recomme nded
Requested Allocation
$64,350 $0
$10,700 $0
$22,590 $0
$10,000 $0
$65,000 $0
$9,000 $0
$29,160 $0
$18,000 $0
$7,500 $0
$56,700 $0
$47,000 $0
$14,220 $0
$34,560 $0
$15,000 $0
$6,800 $0
$43,152 $0
$33,750 $0
$32,400 $0
$53,310 $0
$17,600 $0
$32,400 $0
$32,400 $0
$73,620 $0
$25,380 $0
$7,650 $0
$9,000 $0
$54,610 $0
$12,960 $0
$2, 616,018 $1, 900,153 $676,757
Cummulati ve
Funds Allocated
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
$676,757
Attachment II
Average
Score
57.83
57 .5
57.17
57.17
56 .67
56 .17
55 .67
55 .5
55.17
54.47
53.57
53.17
52 .13
51.67
51 .67
51 .43
49 .3
48.47
48 .9
48 .83
48 .47
47 .13
45 .83
45 .83
45 .67
45.67
45 .2
44.17
JR: 6/25/98
SB 821 EVALUATION CRITERIA
MAXIMUM
FACTOR POINTS
1. USE
The extent of potential use of a bicycle or pedestrian facility is the most important
factor. Emphasis of this factor helps ensure the greatest benefits will be derived from
the expenditure of SB 821 funds. Relative usage is to be derived from analysis of trip
generators and attractors adjacent to the project.
2. SAFETY
Points are awarded on the basis of a project's potential to correct current safety
problems.
25
20
3. IMPORTANCE AS A TRANSPORTATION ALTERNATIVE 20
Points are awarded on the basis of a project's potential to attract users who would
otherwise use an automobile.
4. MISSING LINK, EXTENSION, OR CONNECTIVITY 15
Points are awarded to projects that link existing facilities or are extensions of or
potentially connect to existing facilities.
5. MATCHING FUNDS
This factor is used to help ensure that there is local funding participation in the project -
not just a application for "free" money. One point would be awarded for each 5% of
total project cost that is financed by the local agency.
10
6. POPULATION EQUITY 10
The purpose of this factor is to help ensure that one agency does not receive all the
funds. The applicant receives the maximum 10 points if the amount of funds requested
does not exceed what the applicant would receive if the funds were allocated by
population. Year to year totals are recorded so that an applicant could build up a
"credit". (Calculated by RCTC)
7. PHYSICAL ACCESSIBILITY ENHANCEMENT 10 BONUS
The purpose of this factor is to enhance the physical accessibility of existing pedestrain
projects. Applicant agencies may receive up to 10 "bonus" points for their project
proposals which improve the physical access to existing facilities.
RCTC: 4/12/95
AGENDA ITEM 7A
RIVERSIDE COUNTY TRANSPORTA TION COMMISSION
DATE:
August 5, 1998
TO:
Budget & Finance Committee
FROM:
Bill Hughes, Bechtel Project Manager
THROUGH:
Paul Blackwelder, Deputy Executive Director
SUBJECT:
Close Out Costs for the Lamb Canyon Project on State Route 79
in the City of Beaumont Associated with the Detour of Traffic on
City Streets
The encroachment permit obtained from the City of Beaumont required RCTC to
mitigate the damage to the City Streets resulting from the detours of traffic during
construction. The Beaumont city streets used for detouring traffic were California and
First Streets. Staff has met with the City and arrived at an RCTC share of $50,000.
The staff of the City of Beaumont will take this item to the City Council on August
11, 1998 and will be recommending the same amount to close out the obligations of
the permit.
RCTC Legal Counsel will prepare a draft agreement to close out this issue.
Financial Assessment
Project Cost
$50,000
Source of Funds
Measure A
vv {� 4 is •"
r
n
'i N'v t+. `t
hhkU.»...:: { 4S . .. . .. ... i.
Year
Included in Fiscal Year Budget
Included in Program Budget
y
Year Programmed
Approved Allocation
Year of Allocation
Budget Adjustment Required
y
Financial Impact Not Applicable
STAFF RECOMMENDATION:
That the Commission approve paying the City of Beaumont a sum of $50,000 to
compensate the City for the future repair of the city streets used for the detour of
traffic during construction of the State Route 79 improvement project.
000042
AGENDA ITEM 7B
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1997
TO:
Budget & Finance Committee
FROM:
Paul Blackwelder, Deputy Executive Director
Jerry Rivera, Program Manager
THROUGH:
Eric Haley, Executive Director
SUBJECT:
FY 1999-2003 Measure "A" Five Year Capital Improvement
Program for Local Streets and Roads
The Measure "A" Ordinance requires each recipient of streets and roads monies to
annually provide to the Commission a five year plan on how those funds are to be
expended in order to receive disbursements for local streets and roads. The agencies
are also required to submit the annual certification of Maintenance of Effort (MOE)
accompanied by documentation supporting the calculation.
At its July 8, 1998 meeting, the Commission approved the Plans of sixteen agencies.
To date, the cities of Blythe, Hemet, and Rancho Mirage have submitted the required
Plan, MOE certification and supporting documentation and staff request the
Commission approve their Plan as submitted. Additionally, the City of Palm Desert
has finalized its preliminary Plan which was approved by the Commission at the July
8 meeting, and is requesting approval.
Staff has informed the two remaining cities (Beaumont and Calimesa) that no
disbursement of Measure "A" funds for local streets and roads will be made until all
of the required documents are received and approved by the Commission.
Financial Assessment
Project Cost
Source of Funds
Measure "A"
FF
;. ;�.r^'^.ti..` r. , ;,,,. .. ...,
r•
s,1`,
, .........,,o-1 x. . ...
..c
Included in Fiscal Year Budget
Y
Year
Included in Program Budget
Y
Year Programmed
1998-99
Approved Allocation
Y
Year of Allocation
1998-99
Budget Adjustment Required
N
Financial Impact Not Applicable
Y
000043
STAFF RECOMMENDATION:
That the Commission approve the FY 1999-2003 Measure, "A" Five Year Capital
Improvement Plan for the Cities of Blythe, Hemet, and Rancho Mirage and the revised
Plan for the City of Palm Desert as submitted.
000044
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
MEASURE "A" LOCAL FUNDS PROGRA M
FISCAL YEAR 1999 - 2003
Agency: City of Blythe
Prepared By: Helen Colbert
Date: July 9, 1998
Page 1 of 1
ITEM NO.
1
*11
2
4
5
6
7
8
9
10
11
r•
PROJECT NAME/LI MITS
1997102 Hobsonway rec onstruction/drainage improvements/Engineering only ($3,000,000 project
1997100 Hobsonway RR XXing Improvements
1998199 Broadway Drainage ImprovementslChanslorway to Barnard
1997/99 14th Ave.iLov ekin Sig nalizatlon
1998199 I-101Lovekin Signals
1996/01 Wheel Chair Ramps (ADA) ($50,0001yr. for 5 years
1997/99 Sidewalk Impro vements -
1996102 Alleyway Improvements
1998/99 Asphalt. Material
1998/99 S. 6th Street construction from Rice to Dekema
1998-00 Pro tected turn lane at Seventh Street and Hobsonway
MEASURE "A'°
FUNDS ($1,000's)
$3,000.
200.
51.
468.
415
250 .
25.
211.
140.
63.
135.
NOTE: The City is accumulating Measure "A" proceeds to fund Item 1; currrently the project is being
delayed due to the large number of pro perties included in the hydrocarb on cleanup located on Hobs onway.
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
MEASURE "A" LOCAL FUNDS PROGRAM
FY 1998/1999
Agency: City of Hemet
Prepared by: Juan C. Perez
Date: June 23, 1998
ITEM
NO.
PROJECT NAME/LIMITS
PROJECT TYPE
1.
2.
3.
4.
Street Name Sign Replacement Program
City-wide Surface Seal Project
City-wide Pavement Rehab Project
City-wide Street Improvement Project
Sign Replacement
Pavement Maintenance
Pavement Maintenance
Street Widening/Capacity
Improvements
TOTAL
TOTAL COST
($000)
30
232
465 .1
350
1,077 .1
MEASURE A
FUNDS ($000)
CID
C)
0)
30
232
465 .1
232
959 .1
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
MEASURE "A " LOCAL FUNDS PROGRAM
FY 1999/2000
Agency: City of Hemet
Prepared by: Juan C. Perez
Date: June 23, 1998
ITEM
NO.
PROJECT NAME/LIMITS
2.
3.
4.
Street Name Sign Replacement Program
City-wide Surface Seal Project
City-wide Pavement Rehab Project
City-wide Street Improvement Project
PROJECT TYPE
Sign Replac ement
Pavement Maintenance
Pavement Maint enance
Str eet Widening/Capacity
Improvements
TOTAL
TOTAL COST
($000)
30
244
487.9
244
1,005 .9
MEASURE A
FUNDS ($000)
30
244
487.9
244
1,005 .9
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
MEASURE "A" LOCAL FUNDS PROGRAM
FY 2000/2001
Agency: City of Hemet
Prepared by: Juan C. Perez
Date: June 23, 1998
ITEM
NO.
PROJECT NAME/LIMITS
PROJECT TYPE
2.
3.
4.
Street Name Sign Replacement Program
City-wide Surface Seal Project
City-wide Pavement Rehab Project
City-wide Street Improvement Project
Sign Replacement
Pavement Maintenance
Pavement Maintenance
Street Widening/Capacity
Improvements
TOTAL
TOTAL COST
($000)
MEASURE A
FUNDS ($000)
30
266 .4
532 .8
465
1,264.2
30
266.4
532.8
266 .4
1,095.6
RIVERSIDE COUNTY TRANSPORTATION CO MMISSION
MEASURE "A" LOCAL FUNDS PROGRAM
FY 2001/2002
Agency: City of Hemet
Prepared by: Juan C. Perez
Date: June 23, 1998
r ITEM
NO.
PROJECT NAME/LIMITS
1.
2.
3.
4.
Street Name Sign Replacement Program
City-wide Surface Seal Project
City-wide Pavement Rehab Project
City-wide Street Improvement Project
PROJECT TYPE
Sign Replacement
Pavement Maintenance
Pavement Maintenance
Street Widening/Capacity
Improvements
TOTAL
TOTAL COST
($000)
30
289 .6
845
289.6
1,454 .2
MEASURE A
FUNDS ($000)
30
289.6
579.1
289.6
1,188 .3
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
MEASURE "A" LOCAL FUNDS PROGRAM
FY 2002/2003
Agency: City of Hemet
Prepared by: Juan C. Perez
Date: June 23, 1998
ITEM
NO.
1.
2.
3.
PROJECT NAME/LIMITS
City-wide Surface Seal Project
City-wide Pavement Rehab Project
City-wide Street Improvement Project
PROJECT TYPE
Pavement Maintenance
Pavement Maintenance
Street Widening/Capacity
Improvements
TOTAL
TOTAL COST
($000)
321.5
642 .9
647.5
1,611.9
MEASURE A
FUNDS ($000)
321 .5
642 .9
321.5
1,285.9
RIVERSIDE CO UNTY TRA NSPORTATIO N COMMISSION
ME ASURE "A" LOCAL FUNDS PROGRAM
FY 1998-1999
Agency: City of Ra ncho Mirage
Prepared By: Bruce B. Harry, P.E ., Director of Public Works
Date: June 30, 1998
ITEM N O.
PROJECT NAMES/LIMITS
1.
2.
Bob Hope Dr . Impro vements
from: Country Cl ub Dr. to
Whitewater Storm Channel,
carry over project
Mon terey A venue/Country
Club Dr. Intersection
Improvemen ts
PROJECT TYPE
TOTAL COST
($1,000's)
Measure "A"
FUNDS
($1,000's)
Widening/Res urfacing
Widening/Traffic
Sig nal Modification
$1,000
100
$420
100
:tb\DOC\WP61 \IvIISC\063098.BH
RIVERSIDE COUNTY TRANSPORTATIO N COMMISSI ON
ME ASURE " A" LOCAL FU NDS PROGRAM
FY 1999-2003
Agency: City of Rancho Mirage
Prepared By: Bruce B. Harry Jr., P .E., Direct or of Public Works
Date: June 30, 1998
ITEM NO .
1.
2.
3.
4.
5.
PROJECT NAMES/LIMITS
DaVall Dr. constructio n from:
Dinah Sh ore Dr. to Ramo n
Rd. Design 99/00
Co nstruction 00/01
Dinah Shore Dr.
Improvements from: DaVall
Dr. to Los Alamos Dr .
Con struction 99/00
Bob Hope Dr. Improvements
fro m: Frank Sinatra Dr. to
Country Club Dr.
Design 99/00
Construction 00/01
Cou ntry Club Dr.
Improvements from: John L.
Sinn Rd. to Monterey Ave.
Design 00/01
Construction 01/02
Bob Hope Dr. Widening from
D inah Shore to Ramon Road
Design 00/01
Con struction 01/02
PROJECT TYPE
New Construction
Widening
Resurfacing
Widening/Drainage
TOT AL COST
($1,000's)
$590
680
250
500
300
Page 1 of 1
Measure " A"
FUNDS
($1,000's)
$35
555
340
250
400
150
CITY OF PALM DESERT
PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM
FISCAL YEAR 1998-99 NEW PROJECTS
YEAR 1 OF 5
PRfaIECISED_PRCHJECLLISI
TRAFFIC SIGNALS:
* Hwy 111 at Desert Crossing/
Traffic Signal & Driveway Modifications
* Traffic Signal Coordination
* Beacon Hill and Hovley Lane East
* Corporate Way and Hovley Lane East
* COD Driveway & Fred Waring Drive
STREET & BRIDGE PROJECTS:
* Major street sidewalks
Fred Waring Drive (Southside);Portala to San Pablo (check ROW)
El Paseo (Southside) from Highway 74 to Painters Path
* Fred Waring Sidewalk - Califomia to Elkhom (North)
* Cook Street & 42nd Avenue/ Mayfair Drive/Green Way
* Monterey Ave NB from Hwy 111 to Palm Desert Town Ctr.
North Driveway (Design & Construction)
* Monterey Avenue & Country Club
* NB Portola Avenue - widening San Marino Circle to El Cortez
Design & ROW Acquisition
* Washington - Country Club to Whitewater
Gerald Ford Widening - Portola to Cook
* CVAG Payment for 1-10 Interchanges
* Neighborhood Traffic Control
* Joni Drive Extension Velie to 42nd
* West side Washington St. Improvements between Delaware
Place & Mountain View
MAJOR STREET LANDSCAPING
PROGRAM
* El Paseo Palm Tree Program
* Hovley Lane East: Portola Avenue to Cook Street Median
* Cook Street: Country Club Drive to Hovley Lane East Median
* Country Club Drive: Portola Avenue to Cook Street Median
* Country Club Drive: Cook Street to Washington Street (Cook to
Oasis and Whitehawk)
*I-10 @ Monterey, Cook & Washington
Entry Art & Landscaping
* Perimeter Landscaping in project Area #4
DRAINAGE
* Nuisance Water Inlet/Drywell Program
P.D.C.C. and other locations
RDA - Drainage
* PDCC — Warner Trail/Fred Waring
to Whitewater Channel (Drainage Area "L")
PARKS
* Skate Park/Roller Hockey
* Neighborhood Park In PDCC Area
* Land Purchase for Community Park
BUILDINGS
* Civic Center Park - Equipment Storage Building
PARKING
* Town Center Parking Structure
HOUSING
* Multi -family Rehabilitation
July 17, 1998 Revision 12
TOTAL
FUNDING SOURCES
Traffic Signal Fund
Traffic Signal Fund
Traffic Signal Fund
Traffic Signal Fund
Traffic Signal Fund
Year 2000 Fund 400
RDA P.A. #4
Measure A Fund 21
Construction Tax or
Measure A
Measure A (RM - 100K Reimburse)
Measure A
Reimburse by CVAG
Measure A
RDA PA#1 Fund 850
Year 2000 Fund 400
Measure A
RDA PJ#4 Fund 854
Construction Tax Fund 231
Construction Tax Fund 231
Construction Tax Fund 231
Construction Tax Fund 231
Construction Tax Fund 231
AIPP - $100k
New Const. Tax - 100k L.S/Art
RDA PJ#4 Fund 854
Drainage Fund 420
RDA Project Area 4
Park Fund 233
Park Fund 430
RDA PJ#4 Fund 854
RDA PJ#4 Fund 854
Construction Tax FD 231
RDA PJ#1 Fund 850
Housing Fund 870
AMOUNT
$ 75,000
100,000
150,000
150,000
150,000
250,000
435,000
500,000
440,000
275,000
775,000
2,000,000
640,000
250,000
100,000
250,000
300,000
400,000
190,000
170,000
260,000
460,000
200,000
374,000
300,000
2,200,000
300,544
199,456
425,000
765,350
85,000
11,000,000
1,800,000
$25,969,350, 0:1J , �
U I. 53
CITY OF PALM DESERT
PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM
FISCAL YEAR 1999-2000 NEW PROJECTS
YEAR 2 OF 5
PROPOSED PROJECT LIST FUNDING SOURCES AMOUNT
TRAFFIC SIGNALS:
* Shadow Mountain & Portola Avenue Traffic Signal Fund 234 $ 150,000
STREET & BRIDGE PROJECTS:
* Major street sidewalk Year 2000 Fund 400 250,000
* Major street landscaping Year 2000 Fund 400 725,000
— Hovley Lane East: Cook St. to Water Way
— Fred Waring Dr: Monterey Ave. to Town Center Way
— Fred Waring Dr: San Pablo Ave. to Portola Ave.
— Fred Waring Dr: Monterey Ave. to San Pablo Ave.
* Cook Street: Country Club Drive to Fred Waring Drive Median Measure A Fund 213 400,000
• Portola Avenue: Alessandro Drive to Fred Waring Drive Measure A Fund 213 800,000
* Fred Waring Drive Bridge Widening at Palm Valley Channel Measure A Fund 213 500,000
* San Pablo Avenue: Highway 111 to Fred Waring Drive Measure A Fund 213 575,000
* CVAG Payments for 1-10 Interchanges RDA PA#1 Fund 850 250,000
DRAINAGE:
* Nuisance Water Inlet/Drywell Prog. Drainage Fund 420 750,000
TOTAL $4,300,000.00
July 17, 1998 Revision 12
00005
CITY OF PALM DESERT
PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM
FISCAL YEAR 2000-2001 NEW PROJECTS
YEAR 3 OF 5
PROPOSED PROJECT LIST
TRAFFIC SIGNALS:
* Haystack Road & Portola Avenue
(The Reserve at Indian Wells/
Palm Desert)
MAJOR STREETLANDSCAPING:
* Frank Sinatra Drive: Rancho Mirage
City Limits to Cook Street
STREET & BRIDGE PROJECTS:
* Major Street Sidewalk Program
* Frank Sinatra Drive: Cook Street
To Gerald Ford Drive
(Widening, Median, Curb & Gutter)
* CVAG Payments for 1-10 Interchange
* San Pablo- YMCA/COD Drwy. to Magnesia
Falls Drive
DRAINAGE:
* Nuisance Water Inlet/Drywell Prog.
RDA:
* Project Area #4
Area B - NW Corner of Country Club
and Washington Street
July 17, 1998 Revision 12
FUNDING SOURCES
Traffic Signal Fund 234
Const. Tax 231
Year 2000 Fund 400
Measure A Fund 213
RDA PA#1 Fund 850
Measure A
Drainage Fund 420
RDA
TOTAL
AMOUNT
$ 150,000
650,000
250,000
850,000
250,000
275,000
300,000
1,350,000
$4,075,000.00
CITY OF PALM DESERT
PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM
FISCAL YEAR 2001-2002 NEW PROJECTS
YEAR 4 OF 5
PROPOSEDPROJECT LIST
TRAFFIC SIGNALS:
* Monterey Ave & Hovley Lane West
* Portola Avenue & Hovley Lane West
* Gerald Ford Drive & Portola Avenue
STREET & BRIDGE PROJECTS
* Major Street Sidewalk Program
* CVAG Payments for 1-10 Interchange
* Highway 111: Highway 74 to
Deep Canyon Road Widening
MAJOR STREET LANDSCAPING:
* Gerald Ford Drive: Cook Street to Eldorado
DRAI NAG E:
* Nuisance Water Inlet/Drywell
Program
July 17, 1998 Revision 12
FUNDING SOURCES AMOUNT
Traffic Signal Fund 2340
Year 2000 Fund 400
RDA PA#1 Fund 850
Year 2000 Fund 400
Construct. Fund 231
Drainage Fund 420
TOTAL
$ 150,000
150,000
150,000
$ 250,000
250,000
$ 2,000,000
475,000
$ 300,000
$3,725,000.00
CITY OF PALM DESERT
PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM
FISCAL YEAR 2002-2003 NEW PROJECTS
YEAR 5 OF 5
PROPOSED PROJECT LIST
TRAFFIC SIGNALS:
* Hovley Lane East & Oasis Club Dr.
STREET & BRIDGE PROJECTS:
* Magnesia Falls Drive Bridge at the
San Pascual Channel including streetwork,
curb, gutter and sidewalk where needed
on Magnesia Falls between Monterey Avenue
and Portola Avenue
* Major Street Sidewalks
* Portola Overcrossing at 1-10 Feasibility Study
* CVAG Payment for 1-10 Interchanges
DRAINAGE:
* Nuisance Water Inlet/Drywell
July 17, 1998 Revision 12
FUNDING SOURCES
Const. Tax Fund 231
Measure A
Construction Tax
Year 2000 Fund 400
RDA PA#1 Fund 850
Drainage Fund 420
TOTAL
AMOUNT
150,000
800,000
250,000
100,000
250,000
300,000
$1,850,000.00
itCf 5I
AGENDA ITEM 7C
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget & Finance Committee
FROM:
Jerry Rivera, Program Manager
THROUGH:
Eric Haley, Executive Director
SUBJECT:
Amendment to FY 1998-2002 Measure "A" Five -Year Capital
The Measure "A" Ordinance requires each recipient of streets and roads monies to
annually provide to the Commission a five-year plan on how those funds are to be
expended in order to receive disbursements for local streets and roads. The agencies
are also required to submit the annual certification of Maintenance of Effort (MOE)
accompanied by documentation supporting the calculation.
The City of Hemet's Measure "A" Five -Year Plan was approved by the Commission
at its July 9, 1997 meeting. Any subsequent additions, deletions, or substitutions to
the Plan must be submitted to the Commission for approval. Therefore, the City is
requesting an amendment to their Plan in order to include the available unused funds
from various projects into a comprehensive city-wide pavement rehabilitation project.
Financial Assessment
Project Cost
Source of Funds
'e,5
3iF �i.: / >-
t
vn
Sr i t
i11
Included in Fiscal Year Budget
Yes
Year
Included in Program Budget
Yes
Year Programmed
1997-
98
Approved Allocation
Yes
Year of Allocation
1997-
98
Budget Adjustment Required
No
Financial Impact Not Applicable
STAFF RECOMMENDATION:
That the Commission approve the amendment to the FY 1998-2002 Measure "A"
Five -Year Capital Improvement Plan for the City of Hemet as submitted.
14,
From the
Office of
PUBLIC WORKS
0423
a*dpillewtet-
3777INLUSTRIAL AVENUE • HEMET, CALIFORNIA 92545 • (909)755-3700
June 19, 1998
Jerry Rivera
RCTC
3560 University Avenue, Ste. 100
Riverside, CA 92501
Subject: Request to Re -Program 1997-1998
Measure "A" Funding
Dear Mr. Rivera:
The City is requesting the re -programming of a portion of our 97-98 Measure "A"
allotment. Our desire is to combine the available unused funds from various projects
into a comprehensive pavement rehabilitation project entitled "City-wide Pavement
Rehabilitation Project". This project is scheduled to be bid in the next 30 days.
Attached is a revised expenditure plan for your information. I would appreciate your
assistance in scheduling this matter for the Commission's approval.
Thank you for your assistance on this matter. Please do not hesitate to contact me at
765-3712 should you have any questions.
ulcer
Juan C. Perez
Director of Public Works
JCP:ag
cc: Richard J. Ramirez, City Manager
Tom Rafferty, Engineer
I:WSERS AGONZALBWPWIN LETTER.NVRIVERAJCP
RIVERSIDE COUNTY TRANSPORTATION COMMISSION
MEASURE "A" LOCAL FUNDS PROGRAM
FY 1997-98
Agency: City of Hemet
Prepared by: Juan C. Perez
Date: . June 23, 1998
ITEM
NO.
PROJECT NAME/LIMITS
PROJECT TYPE
City-wide Paveme nt Re habilitation
Pavement Maintenance
TOTAL
TOTAL COST
($000)
2,300
2,300
MEASURE A
FUNDS ($000)
993.2
993 .2
I:WSERSIAGONZALEIWPWIMLETTER PIIRIVERA JCP
PREVIOUSLY APPROVED PROJECTS
BEING REPROGRAMMED
MEASURE "A"
FY PROJECT FUNDS (Macro)
94/95 Weston Park Infrastructure 75
95/96 Hemet/Charlton Reconstruction 230
96/97 Stetson/Santa Fe to State 110.6
97/98 Stetson Resurface/Santa Fe to Palm 84.3
97/98 Stetson Bridge Replacement 84.8
97/98 Sanderson Widening - Florida to Menlo 88.9
97/98 Kirby/Fruitvale Intersection Improve. 74
97/98 Pavement Rehabilitation Project 245.6
TOTAL 993.2
I:WSERSWGOIQALEM PWIMLETTER.iCIRIVERAJCP
l 14 'l s
0336 1.
AGENDA ITEM 7D
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget & Finance Committee
FROM:
Bill Hughes, Bechtel Project Manager
Karl Sauer, Bechtel Resident Engineer
THROUGH:
Paul Blackwelder, Deputy Executive Director
SUBJECT:
Request for Authorization to Advertise for Construction Bids for
Construction of a Park and Ride Lot in Moreno Valley near Pigeon
Pass/Frederick Street and Route 60.
The City of Moreno Valley, Caltrans, and RCTC have been working cooperatively to
obtain environmental clearance and complete the Plans, Specifications and Estimate to
proceed with construction of a Park and Ride Lot in Moreno Valley near Pigeon
Pass/Frederick Street and Route 60.
Caltrans is near completion with the required environmental mitigation proposal needed
to obtain environmental clearance for the project. Caltrans is also in final review of the
Plans, Specifications and Estimate for the project.
The construction cost for the project is estimated to be approximately $300,000.
Caltrans has agreed to provide $295,000 in Minor project funding to pay for
construction of the project. RCTC, pursuant to the existing cooperative agreement is
responsible for paying for the environmental mitigation costs that are estimated to be
about $15,000. RCTC has previously approved funds for the preparation of the final
design plans and specifications for the project.
Staff is requesting authorization from the Commission to advertise for Construction Bids
for the Pigeon Pass Park and Ride Lot in Moreno Valley near Pigeon Pass/Frederick Street
and Route 60.
Financial Assessment
Project Cost
$300,000 + $15,000 = $315,000
Source of Funds
., ..h�t•r ;,,.L.,. .i.:, Sv.',»,.,
Caltrans
.,
Minor "A" Project Funding
,, �r^4.. �.. n" t.. .. ....,
..- :. ., ¢/ .
Included in Fiscal Year Budget
Y
Year
Included in Program Budget
Y
Year Programmed
Approved Allocation
Year of Allocation
Budget Adjustment Required
N
Financial Impact Not Applicable
U Ub
STAFF RECOMMENDATION:
That the Commission:
1. Authorize the expenditure of funds to provide for environmental mitigation for the
project with a not to exceed limit of $15,000.
2. Authorize staff to bid the PS&E package for the Pigeon Pass Park and Ride Lot as
soon as Caltrans finalizes the environmental mitigation and approves the final
design drawings and bring back to the Commission the results of the bidding for
awarding the contract to the lowest, responsive bidder:
0Q�,0
GFN TE IE
RIVERSIDE
COUNTY TRANSPORTATION COMMISSION
DATE:
August 5, 1998
TO:
Budget and Finance Committee
FROM:
Bill Hughes, Bechtel Project Manager
THROUGH:
Paul Blackwelder, Deputy Executive Director
SUBJECT:
Approval of Caltrans Cooperative Agreement # 8-1077 for Right -
of -Way Acquisition to Support State Route 74 SHOPP Projects
At the June 11, 1997 RCTC meeting the Commission allocated $4.1 million for
improvements to State Route 74 to expand the State SHOPP projects that Caltrans
District 8 was proposing. The RCTC allocation was to purchase right of way and I
add sufficient funding to the project so that the SHOPP projects could be used to
build improvements that would be compatible with the proposed Measure A
improvements that will be completed in the future. The attached cooperative
agreement addresses the right-of-way portion of projects. The agreement states that
the State will prepare the right of way plats and legal descriptions and RCTC will
appraise and acquire the properties that will be necessary to support the
enhancements of the State SHOPP projects to be compatible with the future Measure
A project. The right-of-way portion of the improvements is currently estimated to be
$1,164,737.
Financial Assessment
Project Cost
Source of Funds
Included in Fiscal Year Budget
Included in Program Budget
Approved Allocation
Budget Adjustment Required
Financial Impact Not Applicable
$1,164,737
$4.1 million allocation from Measure A funds to advance the
State Route 74 Measure A project
Y
Y
n
Year Programmed
Year of Allocation
Year
0007.4
STAFF RECOMMENDATION:
That the Commission approve entering into agreement # 8-1077 with the State for
right-of-way acquisition of properties necessary to augment the State SHOPP projects
to make them more compatible with the future Measure A project and to minimize the
need for future reconstruction in the areas of the SHOPP projects.
08-Riv-74-K.P. 27.7/41.5
(PM 17.24/25.8)
SR 74 from I-15 in the
City of Lake Elsinore to
7th Street in the
City of Perris
R/W Acquisition at
various locations
08303-464100,45410K,45420K
and 45430K
District Agreement No. 8-1077
RIGHT OF WAY
COOPERATIVE AGREEMENT
This AGREEMENT entered into on _ is between
the STATE OF CALIFORNIA, acting by and through its Department of
Transportation, referred to herein as "STATE", and
RIVERSIDE COUNTY
TRANSPORTATION COMMISSION, a
public entity of the State of
California, referred to herein
as "COMMISSION"
RECITALS
(1) STATE and COMMISSION, pursuant to Streets and Highways Code
Section 130, are authorized to enter into a Cooperative
Agreement for improvements to State highways within the
County of Riverside.
(2) STATE and COMMISSION entered into a Master Agreement
(District Agreement No. 8-685, Document No. 7549) on January
10, 1990 and Supplement No. 1, dated November 1, 1990, to
Document the parties understanding for carrying out the
Riverside County Sales Tax Measure "A" Transportation
Expenditure Plan.
(3) STATE and COMMISSION entered into the Advanced Right -of -Way
Acquisition and Resale Agreement (District Agreement No. 8-
759) on November 12, 1991 which authorizes STATE to acquire
right of way on advanced acquisitions only.
(4) STATE and COMMISSION have also entered into a Right of Way
Agreement (District Agreement No. 8-300, Document No. 8773)
on February 10, 1993 and Amendment No. S/1 dated February
10, 1993, relating to the performance of right of way
1
0 J 1, 0 6
(3)
District Agreement No. 8-1077
activities and utility location and relocation by STATE on
behalf of COMMISSION to facilitate accomplishment of
COMMISSION's Sales Tax Measure "A" Transportation
Expenditure Plan.
(5)
STATE and COMMISSION desire to provide advanced Right of Way
acquisition for the realignment of the State Highway at
various locations on State Route 74 from I-15 in the City of
Lake Elsinore to 7th Street in the City of Perris, referred
to herein as "PROJECT", and COMMISSION is willing to fund
one hundred percent (100%) of all right of way acquisition
and services costs.
(6) State Highway improvements consist of the realignment and
the addition of shoulders at various locations on SR 74 from
City of Lake Elsinore to City of Perris (45410K, 45420K,and
45430K)
(7)
The parties hereto intend to define herein the terms and
conditions under which right of way acquisition for PROJECT
will be financed and maintained.
COMMISSION AGREES:
(1)
SECTION I
To perform all right of way activities, including all
eminent domain activities, if necessary, at no cost to
STATE, in accordance with procedures acceptable to STATE,
and in compliance with all applicable State and Federal laws
and regulations, subject to STATE oversight to insure that
the completed work is acceptable for incorporation into the
State highway right of way.
(2) To utilize the services of a qualified public agency in all
right of way acquisition related matters in accordance with
STATE procedures as contained in Right of Way Procedural
Handbook, Volume 9. Whenever personnel other than personnel
of a qualified public agency are utilized, administration of
the personnel contract shall be performed by a qualified
Right of Way person employed or retained by COMMISSION.
To permit STATE to monitor and participate in the selection
of personnel who will provide the right of way activities
services. COMMISSION agrees to consider any request by
STATE to discontinue the services of any personnel
considered by STATE to be unqualified on the basis of
2
District Agreement No. 8-1077
credentials, professional expertise, failure to perform in
accordance with scope of work and/or other pertinent
criteria.
(5)
To certify legal and physical control of right of way ready
for construction and that all right of way was acquired in
accordance with applicable State and Federal laws and
regulations subject to review and concurrence by STATE prior
to the advertisement for bids for construction of PROJECT.
(6) To deliver to STATE legal title to the right of way, free
and clear of all encumbrances detrimental to STATE's present
and future uses not later than the date of acceptance by
STATE of maintenance and operation of the highway facility.
Acceptance of said title by STATE is subject to a review of
a Policy of Title Insurance in STATE's name to be provided
and paid for by COMMISSION.
COMMISSION's share of the expense of right of way capital
and right of way acquisition (estimated to be $1,164,737)
shall be an amount equal to 100% of the total actual right-
of-way capital and right-of-way acquisition cost.
(8) To make written application to STATE for necessary
Encroachment Permits authorizing entry onto STATE's right of
way to perform investigative activities required for
preparation of final right of way acquisition.
(7)
SECTION II
STATE AGREES:
(1) To provide, at no cost to COMMISSION, oversight of all right
of way activities undertaken by COMMISSION, or its designee,
pursuant to this Agreement.
(2) To provide prompt reviews and approvals, as appropriate, of
submittals by COMMISSION.
(3) To issue, at no cost to COMMISSION, upon proper written
application by COMMISSION, Encroachment Permits to
COMMISSION and its consultants authorizing entry onto
STATE's right of way to perform surveying and other
investigative activities required for preparation of final
right of way acquisition.
3
!J F���
J �J 0c)S
(7)
District Agreement No. 8-1077
To furnish COMMISSION with the necessary Right of Way maps
and property descriptions for use by COMMISSION in the
acquisition of all property rights required for PROJECT.
To provide, at no cost to COMMISSION, survey and mapping
services necessary to perpetuate existing land net and
alignment monumentation, in accordance with Sections 8771 &
8765 of the Business and Professionals Code; and to
permanently monument at location of all above roadway
alignments, re -alignments, and right of way acquisitions.
All the above to be shown on a Record of Survey filed with
the County Surveyor of Riverside County.
(6) If any existing public and/or private utility facilities
conflict with PROJECT construction or violate STATE's
encroachment policy, STATE shall make all necessary
arrangements with the owner of such facilities for their
protection, relocation or removal in accordance with STATE
policy and procedure for those facilities located within the
limits of work providing for the improvement to the State
highway.
To identify and locate all high and low risk underground
facilities within the PROJECT area and to protect or
otherwise provide for such facilities all in accordance with
STATE's "Manual on High and Low Risk Underground Facilities
Within Highway Rights of way".
SECTION III
IT IS MUTUALLY AGREED:
(1) All obligations of STATE under the terms of this Agreement
are subject to the appropriation of resources by the
Legislature and the allocation of resources by the
California Transportation Commission (CTC).
(2) Should any portion of PROJECT be financed with Federal funds
or State funds, all applicable laws, rules and policies
relating to the use of such funds shall apply
notwithstanding other provisions of this Agreement.
(3) Separate Cooperative Agreements will be required to cover
responsibilities and funding for PROJECT design and
construction phases.
4
District Agreement No. 8-1077
(4) Nothing in the provisions of this Agreement is intended to
create duties or obligations to or rights in third parties
not parties to this Agreement or to affect the legal
liability of either party to the Agreement by imposing any
standard of care with respect to the construction of State
highways different from the standard of care imposed by law.
Neither STATE nor any officer or employee thereof is
responsible for any damage or liability occurring by reasons
of anything done or omitted to be done by COMMISSION under
or in connection with any work, authority or jurisdiction
delegated to COMMISSION under this Agreement. It is
understood and agreed that, pursuant to Government Code
Section 895.4, COMMISSION shall defend, indemnify and save
harmless the State of California, all officers and employees
from all claims, suits or actions of every name, kind and
description brought for or on account of injury (as defined
in Government Code Section 810.8) occurring by reason of
anything done or omitted to be done by COMMISSION under or
in connection with any work, authority or jurisdiction
delegated to COMMISSION under this Agreement.
(6) Neither COMMISSION nor any officer or employee thereof is
responsible for any damage or liability occurring by reasons
of anything done or omitted to be done by STATE under or in
connection with any work, authority or jurisdiction
delegated to STATE under this Agreement. It is understood
and agreed that, pursuant to Government Code Section 895.4,
STATE shall defend, indemnify and save harmless COMMISSION
from all claims, suits or actions of every name, kind and
description brought for or on account of injury (as defined.
in Government Code Section 810.8) occurring by reason of
anything done or omitted to be done by STATE under or in
connection with any work, authority, or jurisdiction
delegated to STATE under this Agreement.
(5)
Note: Article (7), is on signature page.
5
By:
(7)
District Agreement No. 8-1077
This Agreement shall terminate upon completion of right of
way activities or on October 31, 2002, whichever is earlier
in time.
STATE OF CALIFORNIA RIVERSIDE COUNTY
Department of Transportation TRANSPORTATION COMMISSION
JAMES W. VAN LOBEN SELS
Director of Transportation By:
ERIC HALEY
Executive Director
S. LISIEWICZ
District Director
APPROVED AS TO FORM AND PROCEDURE:
Attorney
Department of Transportation
REVIEWED FOR FISCAL IMPACT:
CERTIFIED AS TO FUNDS: By.
Dean Martin
Chief Financial Officer
District Budget Manager APPROVED AS TO FORM:
CERTIFIED AS TO PROCEDURE: By:
Steven C. DeBaun
Best, Best and
Krieger
Commission Counsel
Accounting Administrator
6