The total contract cost for the Fountain Valley Crossings Specific Plan is $621,129. This price includes time and materials for four specialized consultant teams over a 2-year project term. Tasks include conducting community meetings and outreach, gathering extensive background research and data, developing the draft Specific Plan, preparing a Program Environmental Impact Report, presenting at public hearings and finalizing the Specific Plan.
There is no general fund spending involved in this project. Funding sources for the project include former Redevelopment Agency unused bond revenue and a grant from the Southern California Association of Governments (SCAG). The bond revenue is money that can only be spent on projects such as this Specific Plan and cannot be used for general fund spending (i.e. police, fire, and administration operations). The grant obtained from SCAG is funding that is awarded to communities that pursue plans and projects that coordinate land use and transportation actions, demonstrate excellence in planning and design, and improve mobility, livability, and prosperity of the region.
The City of Fountain Valley is not funding any land acquisition or offering construction incentives related to the FV Crossings Specific Plan. The only funds being expended through the City are related to the above noted planning consulting teams.