Res 2015-074/expressing the City’s official intent to reimburse the costs of the Mill Street, Loop/Alto Street repaving, and Stagecoach Trail widening

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Exhibit "A" 1. Mill Street - Reconstruct 243 feet of pavement which has failed. Mill Street is currently programmed in as a FY2016/17 project but these repairs are necessary in order to maintain the integrity and safety of the road until the complete reconstruction is done. The estimated cost of this project is $31,487 and will be done with in -house crews. 2. Loop Street and Alto Street - Repaving 15,447 square yards of roadway which was impacted by the installation of the new water line on Loop Street. The estimated cost of this project is $84,001 and will be done with in -house crews. 3. Stagecoach Trail -At the June 16thmeeting the City of San Marcos approved a contract through a joint agreement with the San Marcos School District that would modify Stagecoach Trail from Hunter Road to Snyder Hill. The initial money was programmed into the FY2016 bond program but the work will actually take place this summer so staff is recommending that the debt be issued with the FY 2015 bond sale. The total cost of this project is $353,580 of which $110,000 is for drainage improvements. This projected will be completed by a combination of a general contractor as well as city staff.