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CC Resolution 8578 RESOLUTION NO. 8578 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL AUTHORIZING STAFF TO PROCEED WITH THE RESTRIPING OF HAMILTON AVENUE FROM ALMARIDA AVENUE TO SALMAR AVENUE (PROJECT 93-76) AND APPROVING THE ASSOCIATED BUDGET ADJUSTMENT WHEREAS, the City Council on September 21, 1993 conceptually approved the restriping of Hamilton Avenue from Almarida Avenue to Salmar Avenue and directed staff to discuss funding the project with Fry's and Home Depot; and WHEREAS, the City is required by the Congestion Management Agency to prepare annual monitoring reports updating Level of Service (LOS) changes for City intersections; and WHEREAS, if these monitoring reports indicate a further degradation in LOS in any LOS F intersections, the City is in jeopardy of losing the gas tax increment from Proposition 111; and WHEREAS, the additional traffic generated by Fry's and Home Depot is expected to further degrade the current LOS F intersection of Hamilton and Salmar Avenues; and WHEREAS, staff has discussed the project and requested funding from Fry's and Home Depot but has not received any commitment for funding; and WHEREAS, it is in the best interest of the City and traffic to restripe Hamilton as soon as possible; and WHEREAS, a budget adjustment has been prepared to allocated additional funds from unappropriated gas tax to the Traffic Spot Improvement Project to allow the completion of the Hamilton Avenue restriping; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Campbell that the budget adjustment is hereby approved and staff is directed to proceed with the restriping of Hamilton Avenue from Almarida to Salmar. PASSED AND ADOPTED this 16thday of November, 1993, by the following roll call vote: AYES: NOES: ABSENT: Councilmembers: Councilmembers: Councilmembers: Conant, Ashworth, Burr, Dougherty, Watson None None APP~VED: ( , Ary'EST~ L/.~ Anne Bybee, City Clerk City of Campbell Request for Budget Adjustment ~a:rtm~ilVPl':(){m:lfu) PUBLIC WORKS ENGINEERING 11/2193 7lf-ll- (7 Budget to be Reduced: ....................?Account..Number........<................. ..... ........ "... ............""...."..-----.--.""..... Unappropriated Gas Tax P&. tt-.J; ~ ';;-,r/73 r' 3 ~ c.;-' ~i. ...A $20,000 73 10--0 f TOTAL $20,000 Budget to be Increased: ......Hi.....Mcou6t..Numoet.... Traffic Spot Improvements Improvements Other than Bldgs Overhead $16,000 $4,000 035 035 90.950.9376.4883 90.950.9376.4430 TOTAL $20,000 Reason for Request (Be Specific): Additional funding needed to accomplish restriping of Hamilton Avenue from Almarida to Salmar to mitigate additional traffic generated by Fry's and Home Depot. Rev 5/92 FinanceD" ~ City Manager t'-