102-Funding Summary.pdf
Attachment A
Stevens Creek Corridor Park –Phase II
November 29, 2010
Funding Summary
SourceFundingStatusConditions for Use
SCVWD Grant100,000Havemust build entire trail
Park Dedication Fees150,000Remainingcan use for creek or trail
Ca River Parkways Grant1,200,000Awardedcan use 50/50 creek & trail
SCVWD/FAHCECost Share800,000Likely, Junecreek restoration only
SCVWD –Safe Creeks Grant200,000Maybe, Junemaybe 75/25 creek & trail
State EEMP Grant250,000Maybe, Marchcanuse 20/80 creek & trail
TotalPotential Funding$2,700,000
BudgetFundingShortfall
Alt 1NANANA
Alt 2750,000150,000600,000
Alt 31,400,000250,0001,150,000
Alt 4A3,500,0002,700,000800,000
Alt 4B6,000,0002,700,0003,300,000
Staff believes the shortfall of Alternative 2 or Alternative 4A could be partially or completely
filled by reallocating available project balances of the existing CIP.