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HomeMy WebLinkAbout20. Park Ave N ExtensionTRANSPORTATION IMPROVEMENT PROGRAM 2019 - 2024 TIP No. 20 Project Title:Park Avenue North Extension Community Planning Area:City Center Fund: Functional Classification:N/A Project: Project Length:0.23 mi Contact: Project Description: Justification: Status: Changes: Funded:Unfunded: Pre-2018 2018 Total 2019 2020 2021 2022 2023 2024 Expenditures: Planning - - - - - - - - - - Preliminary Engineering 1,000,000 100,091 249,909 650,000 650,000 - - - - - R-O-W (includes Admin)1,500,000 - 300,000 1,200,000 1,200,000 - - - - - Construction 4,000,000 - - 4,000,000 3,500,000 500,000 - - - - Construction Services 1,000,000 - - 1,000,000 875,000 125,000 - - - - Post Construction Services - - - - - - - - - - Other (BNSF/Gate)- - - - - - - - - - Total Expenses 7,500,000 100,091 549,909 6,850,000 6,225,000 625,000 - - - - Resources: Vehicle Fuel Tax - - - - - - - - - - Business & Occupation Share - - - - - - - - - - Fund Balance - - 150,000 (150,000) (150,000) - - - - - Grants In-Hand (1)- - - - - - - - - - Grants In-Hand (2)- - - - - - - - - - Mitigation In-Hand - 100,091 399,909 (500,000) (500,000) - - - - - Bonds / LID's Formed - - - - - - - - - - Other In-Hand (LRF)7,500,000 - - 7,500,000 6,875,000 625,000 - - - - Other In-Hand (Developer)- - - - - - - - - - - - - - - - - - - - Undetermined - - - - - - - - - - Total Sources 7,500,000 100,091 549,909 6,850,000 6,225,000 625,000 - - - - Project Expenditures & Resources Programmed Programmed Pre-2019 Six-Year Program The project will extend Park Ave N to the north of Logan Ave N, to provide access to Southport, PSE property and The Boeing Company. Improvements include bicycle and pedestrian facilities, illumination, landscaping. With the additional development growth in the North Renton area, which includes The Landing and the Southport residential/hotel/office development, this project will construct improvements to improve accessibility. The design work will be completed in 2019 and the project is scheduled to go to bid in June of 2019. 7,500,000 - Park Avenue North Extension 317 122190 Hebe Bernardo 425-430-7232