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File #: 07-1993    Version:
Type: Agenda Item Status: Approved
File created: 12/17/2007 In control: Board of Supervisors
On agenda: 2/5/2008 Final action: 2/5/2008
Title: Transportation Department recommending the Board approve the Plans and Contract Documents for the Latrobe Road Realignment, Widening, and Bridge Project, Suncast Lane to Golden Foothill Parkway, Project 72403; Chairman be authorized to sign the plans upon approval by County Counsel; and requesting authorization to advertise for construction bids for same. RECOMMENDED ACTION: Approve. FUNDING: The provisions of the Funding, Credit, and Reimbursement Agreement between West Valley, LLC, and the County of El Dorado require that the developer of West Valley advance fund the construction of the Latrobe Road Project through the prepayment of El Dorado Hills Traffic Impact Mitigation (TIM) fees. A bond was issued and a portion of the proceeds were used to prepay $23 million in El Dorado Hills TIM fees. These prepaid fees are held in a segregated fund and will be utilized to fund the Latrobe Road and White Rock Road improvements, which include this project.
Attachments: 1. Vicinity Map, 2. 72403 Latrobe Road South Title sheet, 3. Contract Docs_Cover, 4. Contract Docs_Table of Contents, 5. Contract Routing Sheet_unsigned
Title
Transportation Department recommending the Board approve the Plans and Contract Documents for the Latrobe Road Realignment, Widening, and Bridge Project, Suncast Lane to Golden Foothill Parkway, Project 72403; Chairman be authorized to sign the plans upon approval by County Counsel; and requesting authorization to advertise for construction bids for same.
RECOMMENDED ACTION: Approve.

FUNDING: The provisions of the Funding, Credit, and Reimbursement Agreement between West Valley, LLC, and the County of El Dorado require that the developer of West Valley advance fund the construction of the Latrobe Road Project through the prepayment of El Dorado Hills Traffic Impact Mitigation (TIM) fees. A bond was issued and a portion of the proceeds were used to prepay $23 million in El Dorado Hills TIM fees. These prepaid fees are held in a segregated fund and will be utilized to fund the Latrobe Road and White Rock Road improvements, which include this project.

Body
BUDGET SUMMARY:
Total Estimated Cost $ 12,650,000

Funding
Budgeted $ 7,105,000
New Funding $
Savings $
Other * $ 5,545,000
Total Funding Available $ 12,650,000
Change To Net County Cost $ 0.00

* to be included in FY 07-08 midyear update and FY 08-09 budget.

Fiscal Impact/Change to Net County Cost:
The cost associated with the construction phase of this project is estimated at $12,650,000, which includes an estimated bid of $9,868,000, supplemental items at $195,000, construction management, materials testing, and survey costs of $1,600,000, and a contingency of $987,000.

Funding for County costs associated with this project have been advanced by the Developer of the West Valley View project through prepayment of impact fees. Of the $9.8 million noted above, $1,670,000 is attibutable to work being performed under the County's construction contract for El Dorado Irrigation District (EID) where that cost is being funded...

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