RESOLUTION NO. 25-46
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NORWALK, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2025/26 ADOPTED BUDGET TO ADD $355,861 LOW AND MODERATE INCOME HOUSING
ASSET FUNDS AND $533,791 FORMER REDEVELOPMENT AGENCY NON-
HOUSING BOND PROCEEDS FOR CONSTRUCTION MANAGEMENT
SERVICES AND MAINTENANCE AND SECURITY SERVICES FOR THE
FORMER CALIFORNIA YOUTH AUTHORITY PROPERTY LOCATED AT
13200 BLOOMFIELD AVENUE, NORWALK, CA 90650, CITY PROJECT NO. 7859, NORWALK TRANSIT VILLAGE
WHEREAS, the Fiscal Year (FY) 2025/26 Budget includes Project No. 7859, to be funded with available Low and Moderate Income Asset funds leaving a $889,652 shortage; and WHEREAS, on January 21, 2025, City Council adopted Ordinance No. 24-1754, to establish Specific Plan Area No. 17, the Norwalk Transit Village Specific Plan; and WHEREAS, on July 28, 2025, the City purchased the property from the State of California acting by and through the Department of General Services; and WHEREAS, the cost for Construction Management Services, Maintenance and Security Services is estimated to be $889,652; and
WHEREAS, there are ongoing services for the project and untapped revenue streams that the City wishes to use and continue funding in relation to specialized professional services; and
WHEREAS, unallocated bond proceeds for Low and Moderate Income Asset funds and Former Redevelopment Agency Non-Housing funds are available; and WHEREAS, City Council desires to appropriate an additional $355,861 of Low and Moderate Income Asset funds and $533,791 of Former Redevelopment Agency Non-Housing funds for construction management services, maintenance services and security services associated with improving, increasing, and preserving the City’s supply of housing for persons and families of low or moderate income and redevelopment project in City’s Economic Development Node No. 6.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF NORWALK HEREBY DETERMINES, FINDS, AND RESOLVES AS FOLLOWS:
Section 1.The City Manager is authorized to make the following appropriation and prepare the necessary budget amendment for the following account:
Account Number Increase Decrease
Expenditure: 436-70-7859-2080 $355,861
Fund Balance: 436-0480 $355,861
Expenditure: 435-70-7859-2080 $533,791
Fund Balance: 435-0480 $533,791
Resolution No. 25-46 Page 2 of 2
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Section 2.The Mayor, or presiding officer, is hereby authorized to affix his signature to this Resolution signifying its adoption by the City Council of the City of Norwalk and the City Clerk, or her duly appointed assistant, is directed to attest thereto.
APPROVED AND ADOPTED on this 7th day of October 2025.
TONY AYALA
MAYOR
ATTEST:
THERESA DEVOY, CMC
CITY CLERK