RESOLUTION NO. _____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COMMERCE, CALIFORNIA, APPROVING A BUDGET ALLOCATION OF $13,251,941 WITH $13,060,011 TO BE REIMBURSED TO THE CITY WHEREAS, staff presents City Council with a proposed Capital Improvement Program (CIP) for consideration and prioritization annually for new project funding; and WHEREAS, the process includes an opportunity for all departments to submit their requests to the Public Works Department; and WHEREAS, staff presented Council with a CIP list of potential projects on August 23, 2022 and staff-suggested ranking of projects with additional funding sources higher in priority order; and WHEREAS, it was staff’s intent to present an overview of the projects to Council prior to presentation to the Measure AA Advisory Committee in the event that Council would like to provide direction on priorities; and WHEREAS, on September 6, 2022, staff presented the proposed CIP list of projects to the Measure AA Advisory Committee (MAA) to recommend a prioritization and budget allocation; and WHEREAS, the Measure AA Advisory Committee is recommending a modified budget allocation of $13,051,941 that reflects the following changes:
Increase of the Pavement Rehab Project funding from $3 million to $4 million as originally set when the Pavement Management Program was established.
WHEREAS, staff recommends approving the modified request of $13,051,941 in Measure AA Funds of which $13,060,011 will be reimbursed to the City through grants and alternate funding sources.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF COMMERCE DOES HEREBY RESOLVE, DECLARE AND DETERMINE AS FOLLOWS:
Section 1. Finds and declares that the foregoing recitals are true and correct and incorporates said recitals into this Resolution as substantive findings.
Section 2. Approve a budget allocation of $13,051,941 in Measure AA Funds of which $13,060,011 will be reimbursed to the City through grants and alternate funding sources.
Section 3. Authorize the Mayor to execute this Resolution.
Section 4. This Resolution shall take full force and effect immediately upon adoption by the City Council.
PASSED, APPROVED and ADOPTED this 13th day of September 2022. ________________________
Oralia Rebollo, Mayor
ATTEST:
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Lena Shumway, City Clerk