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Council approves Veterans Monument contract, adds $34,000 to CIP to cover higher plaque and fabrication costs

Rancho Santa Margarita City Council · April 22, 2026
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Summary

Rancho Santa Margarita approved a $72,015 construction contract with Bolt Action Inc. for a Veterans Monument at Central Park and a recommended budget amendment (~$34,000) to cover total project costs of about $133,473, including plaque fabrication; the council also approved an application process for individual memorial nameplates.

The Rancho Santa Margarita City Council unanimously approved a construction contract and a budget amendment for a new Veterans Monument at Central Park, authorizing staff to finalize plaque purchases and proceed with construction.

Public works staff (Mr. Parko) summarized the project background: after design completion staff solicited bids and received a single initial bid of $127,050 that exceeded engineers’ estimates. Staff negotiated with Bolt Action Inc., which agreed to perform the monument construction for $72,015. Staff recommended aluminum plaque material for cost, durability and reduced theft risk and described three nameplate design options for individual dedications.

Parko said the project’s total anticipated cost — including the negotiated contract, plaque fabrication and installation, survey, design, management and contingencies — is $133,473. Because the original capital budget was $100,000, staff recommended amending the FY25–26 capital improvement program to provide an additional approximately $34,000 to cover the full cost.

Council members asked how names will be nominated and installed. City staff said draft written criteria were developed with the local veterans committee; eligibility will require a connection to the Rancho Santa Margarita community (residency of five years or a comparable tie). Individuals or family members may purchase a plaque (city staff noted a cost of about $150), and the city will batch installations — adding full granite plates as enough nameplates are received.

Mayor Pro Tem Figueroa, who led the effort to establish the memorial, moved the item; council voted unanimously to approve the construction contract, authorize plaque procurement and amend the CIP budget.

Staff expects construction work to begin in early May and to complete by mid‑June, ahead of a target display date around Independence Day.