RESOLUTION NO. CC-2205-024
HARBOR RAILING IMPROVEMENTS PROJECT JOB NO. 70360 –
APPROPRIATION OF FUNDS
PAGE NO. 1
RESOLUTION NO. CC-2205-024
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDONDO BEACH, CALIFORNIA, AUTHORIZING A FISCAL
YEAR 2021-2022 BUDGET MODIFICATION TO APPROPRIATE
$512,267 IN HARBOR TIDELANDS FUNDS FROM THE
UNALLOCATED FUND BALANCE TO THE HARBOR RAILING
IMPROVEMENT PROJECT, JOB NO. 70360
WHEREAS, it is the intention of the City Council of the City of Redondo Beach (“City Council”) to review the adopted budget from time to time; and WHEREAS, the City of Redondo Beach’s adopted budget needs to be modified to appropriate monies from the City funds to fund necessary expenditures; and WHEREAS, on February 1, 2022, the City Council approved the Plans and Specifications for the Harbor Railing Improvement Project, Job No. 70360 (“Project”), and authorized the City Clerk to advertise for competitive bids; and
WHEREAS, on March 24, 2022, bids for the Project was received and publicly opened at the City Clerk’s Office; and
WHEREAS, the lowest and most responsible bidder was Unix Construction Inc. in the amount of $1,571,545.10; and
WHEREAS, pursuant to Administrative Policy/Procedures 14.1, the City may appropriate additional funds to cover a contingency of up to the greater of 10% of the Project contract amount or $125,000; and
WHEREAS, the amount of $157,155 needs to be appropriated to the Project to fund any potential contingency; and
WHEREAS, the Project cost is $1,5721,545, the contingency cost is $157,155, the cost of inspection and construction management is also $157,155 which totals $1,885,854; and WHEREAS, the amount of $1,373,588 has been allocated to this Project which leaves a deficit of $512,267 to complete the Project; and
WHEREAS, unallocated funds may be transferred to a CIP project to fund any deficit; and WHEREAS, the City desires to transfer $512,267 from the Harbor Tidelands Fund Unallocated Fund Balance to the Capital Improvement Project Job No. 70360, Harbor Railing Replacement; and
WHEREAS, the City desires to use these available funds to cover the remaining costs and potential contingencies for the Project.
RESOLUTION NO. CC-2205-024
HARBOR RAILING IMPROVEMENTS PROJECT JOB NO. 70360 –
APPROPRIATION OF FUNDS
PAGE NO. 2
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDONDO BEACH, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The amounts allocated in the budget for Fiscal Year 2021-2022 and the amounts required to meet conditions which have arisen during the budget year and require a modification in the budget appropriations; and, upon recommendation of the City Manager, the budget appropriation as adopted for Fiscal Year 2021-2022 is modified as follows:
$512,267 of available Harbor Tidelands Funds Unallocated Fund Balance shall be appropriated to the Harbor Railing Improvement Project, Job No. 70360.
SECTION 2. Pursuant to Section 11(f) of the City Charter, the City Clerk is hereby directed to correct the budget records of said City for Fiscal Year 2021-2022 in accordance with the above modifications.
SECTION 3. This Resolution shall take effect immediately upon its adoption by the City Council.
SECTION 4. The City Clerk shall certify to the passage and adoption of this resolution and shall enter the same in the Book of Original Resolutions.
RESOLUTION NO. CC-2205-024
HARBOR RAILING IMPROVEMENTS PROJECT JOB NO. 70360 –
APPROPRIATION OF FUNDS
PAGE NO. 3
PASSED, APPROVED AND ADOPTED this 3rd day of May, 2022. ________________________________
William C. Brand, Mayor
APPROVED AS TO FORM: ATTEST:
________________________________ ________________________________ Michael W. Webb, City Attorney Eleanor Manzano, CMC, City Clerk RESOLUTION NO. CC-2205-024
HARBOR RAILING IMPROVEMENTS PROJECT JOB NO. 70360 –
APPROPRIATION OF FUNDS
PAGE NO. 4
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss
CITY OF REDONDO BEACH )
I, Eleanor Manzano, City Clerk of the City of Redondo Beach, California, do hereby certify that Resolution No. CC-2205-024 was passed and adopted by the City Council of the City of Redondo Beach, California, at a regular meeting of said City Council held on the 3 rd day of May, 2022, and
thereafter signed and approved by the Mayor and attested by the City Clerk, and that said resolution was adopted by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________
Eleanor Manzano, CMC
City Clerk