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CC Resolution 9670 RESOLUTION NO. 9670 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AUTHORIZING THE REVISED TIMELINE FOR THE COMPLETION OF UUD #8 AND AUTHORIZING A REVISED FUNDING ALLOCATION WHEREAS, on January 20, 1998, the City Council authorized the formation of Underground Utility District No.8; and WHEREAS, on January 20, 1998 the City Council in the formation of Underground Utility District No.8 set a deadline of March 31, 1999 when all affected properties had to be ready to accept underground service; and WHEREAS, PG&E budgetary and schedule problems have delayed the project; and WHEREAS, on November 16, 1999 the City Council approved the extension of the conversion deadline to April 15, 2000 to accommodate delays associated with PG&E; and WHEREAS, PG&E recently provided a revised and significantly higher estimated cost for the construction of UUD#8 than was originally provided; and WHEREAS, additional Rule 20A funds must be allocated to the project to provide the level of funding now estimated to be required to complete UUD#8; and WHEREAS, the timeframe for completion of UUD#8 will be revised to June 1,2001. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell hereby authorizes the use of future Rule 20A funds for the completion of UUD#8 and revises the completion date of the UUD#8 to June 1, 2001. PASSED AND ADOPTED this 18th day of April, 2000, by the following roll call vote: AYES: Councilmembers: Dougherty, Furtado, Watson, Dean, Kennedy NOES: ABSENT: Councilmembers: None Councilmembers: None AV~ Anne Bybee, City Clerk