City of Irvine - Fiscal Year 2023-25 Adopted Budget

SPECIAL FUNDS

Fund 206: AD 84-6 / 89-10 WESTPARK ASSESSMENT This fund accounts for construction activities associated with Assessment Districts 84-6 and 89-10 (Westpark). The remaining funds are designated for traffic signal upgrades. Following completion of these projects, City staff will proceed with closing this fund.

Fund 214: AD 93-14 IRVINE SPECTRUM 6 & 7 This fund accounts for the construction of improvements in the Spectrum 6 and Spectrum 7 areas. The improvements consist of roadways, drainage, and related improvements to existing and new arterials, including Barranca Parkway, Irvine Center Drive, Laguna Canyon Road, Sand Canyon Avenue, Oak Canyon Road, Technology Drive, and Walnut Avenue. The developer is currently constructing the improvements for the extension of Walnut Avenue, while the City is providing the inspection, project review, and reimbursement functions. Following completion of these projects, City staff will proceed with closing this fund.

FY 2023-25 Adopted Budget

355

Made with FlippingBook interactive PDF creator