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CC Resolution 11577RESOLUTION NO. ~sn A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL APPROVING BUDGET ADJUSTMENT FOR THE EAST CAMPBELL AVENUE PORTALS PROJECT WHEREAS, the East Campbell Avenue Portals Project would 1) widen Campbell Avenue bicycle lanes, 2) install new sidewalk on both sides of Campbell Avenue to replace the sidewalk being displaced to accommodate the widened bike lanes, 3) replace the existing abutment walls with new retaining and wing walls on both sides of Campbell Avenue, 4) reconfigure the Campbell Inn entrance, and 5) install wayfinding signs to provide guidance to Historic Downtown Campbell and the Downtown Campbell Light Rail Station; and WHEREAS, the preliminary cost estimate for the construction of the East Campbell Avenue Portals Project is $4,200,000; and WHEREAS, the City of Campbell applied for and was awarded $3,718,260 in One Bay Area Grant (OBAG) funds; and WHEREAS, the OBAG grant fund source is the federal Congestion Mitigation and Air Quality Improvement (CMAQ) Program; and; WHEREAS, the CMAQ Program requires an 11.47 percent local match amount of $481,740 in local matching funds; and WHEREAS, the Transportation Development Act (TDA) Discretionary ($267,300) and Guaranteed funds ($78,596) will serve as $345,896 in local matching funds; and WHEREAS, the addition of TDA funds to the East Campbell Avenue Portals Project will result in surplus Capital Improvement Program Reserves allocated to that project; and WHEREAS, additional funding of approximately $550,000 is needed to include the design and construction of a new LED street light system for the Hacienda Avenue Green Street Improvement Project 08-04. NOW, THEREFORE, BE IT RESOLVED that the Campbell City Council approves the attached budget adjustment transferring $28,268 in unused TDA guaranteed funds from the East Campbell Avenue Improvement Project 07,,-41 to the East Campbell Avenue Portals Project 11-EE and transferring $267,300 in TDA discretionary funds and $50,328 in TDA guaranteed funds to the East Campbell Avenue Portals Project 11-EE, and transferring $245,896 of CIPR funds from the East Campbell Avenue Portals Project 11- EE to the Hacienda Avenue Green Street Improvement Project 08-04 and allocating an additional $304,104 of CIPR funding to the Hacienda Avenue Green Street Project 08- 04. PASSED AND ADOPTED this 16~h day of July, 2013, by the following roll call vote: AYES: COUNCILMEMBERS: xotowski, Cristina, Baker, Waterman, Low NOES: COUNCILMEMBERS None ABSENT: COUNCILMEMBERS: None APPROVED• Evan .Low, Mayor ATT An Bybee, City Clerk City of Campbell Request for Budget Adjustments Depai•tmenUProgram' :~Drvaston -Date Request No. i' Public Works CIP 11-EE Campbell Ave July 16, 2013 BA 1 Portals Project Budget to be Reduced >Fund ~~Account Number ~~ ;t €~: Description ? ': :`Amount ? 435 0711.7883 Improvements ~ CIP 07-11 East Campbell 28,268 Avenue TDA Funds 435 I lEE.7883 Improvements CIP ll-EE Portals CIPR 245,896 to CIP 08-04 Hacienda 101 -. 3641 CIPR Reserve ~ CIPR to CIP OS-04 304,104 ~ i Hacienda Ave - Budget to be Increased SFiind ~ :;`Account:Number ~d Description Amount 435 ~ 11EE.7883 Improvements CIP 11-EE from CIP 07-] 1 28,268 435 IlEE.7883 Improvements TDA Discretionary Funds 267,300 435 l IEE.7883 Improvements TDA Guaranteed Funds 50,328 435 990.6999 Capital Transfer In CIP 11-EE TDA Funds 317,628 1 216 I 535.4525 TDA Grant CIP 11-EE Discretionary 267,300 216 ~ 535.4525 TDA Grant CIP 1]-EE Guaranteed 50,328 216 11 EE.9999 Capital Transfer Out TDA to CIP 11-EE 377,628 101 i 0804.9999 Capital Transfer Out CIPR to CIP 08-04 304,104 435 990.6999 Capital Transfer In CIP OS-04 CIPR - 304,104 435 0804,7883 Improvements CIP 08-04 CIPR 304,104 435 0804.7883 Improvements CIP OS-04 from CIP ] 1-EE 201,896 435 0804.7430 Professional Services CIP 08-04 from CIP 11-EE 34,000 435 ~ 0804.7130 Staff Salary & Benefits CIP OS-04 from CIP 11-EE 10,000 RPASON FOR REQUEST - BE SPF,CIFIC: Add new TDA grant funding (5267,300 discretionary & 550,328 guaranteed) to Campbell Avenue Portals Project (11-EE). Transfer TDA funding ($28,268) from East Campbell Ave Improvement Project (07-11) to the Campbell Ave Portals Projec[ (1 ]-EE). Transfer 5245,896 of CIPR funding from the Portals Project . (1 I-EE) to the Hacienda Ave Project (OS-04) and add 5304,104 additional CIPR funds to Hacienda (OS-04). n° ~ i r ~ order M Jesse Takahashi Todd Capurso ~ ar __ Public Works Director Finance Director Ci[v Manager