RESOLUTION NO. R-2022-008
6=0 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PISMO BEACH,
CALIFORNIA ACCEPTING ADDITIONAL GRANT FUNDS IN THE AMOUNT OF $983,826, AND APPROPRIATING REVENUES AND EXPENDITURES IN FY 2022
FOR THE BELLO BRIDGE PROJECT
WHEREAS, the construction of the Bello Street Bridge project is fully funded by a Federal Highway Bridge Program (HBP) grant; and
WHEREAS, at the time of the construction contract award, there was a budget shortfall based on the actual bids received which was requested from, and approved by Caltrans in March 2021; and
WHEREAS, the construction of the bridge is nearing completion and staff will be submitting a project close-out request, which will include a request for additional funding for all costs that were incurred during construction not currently authorized; and WHEREAS, staff expects to receive those additional funds in Fiscal Year (FY) 2023.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Pismo Beach hereby accepts additional Federal Highway Bridge Program grant funds in the amount of $983,826, and appropriates $983,826 of additional grant revenues and $124,579 of additional project expenditures in FY 2022 for the Bello Street Bridge project.
UPON MOTION OF Council Member Blake, seconded by Council Member Newton, the foregoing resolution was adopted by the City Council of the City of Pismo Beach this 15tn day of February 2022, by the following vote:
AYES:
5 Blake, Newton, Guthrie, Reiss, Waage
NOES:
0 ABSENT:
0 ABSTAIN:
0 RECUSED:
0 Approved: Attest:
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Ed Waage, Mayor O 4�PO q T� erl' d, C
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R-2022-008