CITY OF FAIRFIELD
RESOLUTION NO. 2026-170
AUTHORIZING AN UPDATE TO THE FISCAL YEAR 2026-2027 SMITH RANCH ASSESSMENT
DISTRICT PHASE TWO IMPROVEMENT FUND BUDGET FOR RANCHO SOLANO RAW WATER
PUMP DEFERRED MAINTENANCE
WHEREAS, the Smith Ranch Assessment District (District) was established in 1986 to fund the acquisition, construction, and ongoing maintenance of public infrastructure and improvements in the Rancho Solano subdivision including but not limited to access ways for public utilities, water systems, storm drainage facilities, sanitary sewer systems, and streetlight facilities; and
WHEREAS, the Council adopted Resolution Nos. 88-200 and 88-201 authorizing the issuance and award of bonds in the amount of $6,773,000 for the improvements d escribed in the District’s Resolution of Intention No. 86-291; and
WHEREAS, all bond proceeds were deposited into the Smith Ranch Assessment District Phase Two Improvement Fund, which has a remaining balance of $369,439; and
WHEREAS, Public Works has identified Rancho Solano Raw Water Pump Station deferred maintenance as an eligible use of Improvement Fund balance; and
WHEREAS, the scope of the deferred maintenance includes rebuilding three existing pumps with slow start drives, replacing and upsizing one pump, replacing electrical components, and rebuilding existing electrical switchgear; and
WHEREAS, the cost for the required deferred maintenance was not included in the fiscal year (FY) 2026-2027 Improvement Fund budget; and
WHEREAS, a budget adjustment of $369,439 from the Improvement Fund ’s available fund balance to increase appropriations is required to cover the cost of the maintenance; and
WHEREAS, the Improvement Fund’s available fund balance as of June 30, 2026, is $369,439; and
WHEREAS, the revised appropriation constitutes an update to the FY 2026 -2027 budget approved pursuant to Resolution 2026-114.
NOW, THEREFORE, THE COUNCIL OF THE CITY OF FAIRFIELD HEREBY RESOLVES:
Section 1. The council hereby approves a one -time budget adjustment of $369,439 from the Smith Ranch Assessment District Phase Two Improvement Fund balance to its operating budget (Fund 362).
RES. NO. 2026-170
Section 2. The council hereby approves an increase in appropriations of $369,439 to the FY 2026- 2027 Smith Ranch Assessment District Phase Two Improvement Fund (Fund 362) operating budget.
PASSED AND ADOPTED this 4th day of August 2026, by the following vote:
AYES: MEMBERS: VACARRO/BERTANI/CARR/PANDURO/SANDHU/TONNESEN/WILLIAMS NOES: MEMBERS: _________________________________________________ ABSENT: MEMBERS: _________________________________________________ ABSTAIN: MEMBERS: _________________________________________________
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MAYOR
ATTEST:
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CITY CLERK