RESOLUTION NO. CC-2207-052
AWARDING THE TORRANCE BOULEVARD FROM TORRANCE CIRCLE TO PROSPECT AVENUE, JOB NO. 41230 AND TORRANCE BOULEVARD AND FRANCISCA AVENUE TRAFFIC SIGNAL MODIFICATION PROJECT, JOB NO. 41070 PAGE NO. 1
RESOLUTION NO. CC-2207-052
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDONDO BEACH, CALIFORNIA, AUTHORIZING A FISCAL
YEAR 2022-2023 BUDGET MODIFICATION TO APPROPRIATE
$800,000 IN MEASURE M FUNDS, $604,489 FROM THE
WASTEWATER FUND UNALLOCATED BALANCE TO THE
TORRANCE BOULEVARD FROM TORRANCE CIRCLE TO
PROSPECT AVENUE, JOB NO. 41230 AND THE TORRANCE
BOULEVARD & FRANCISCA AVENUE TRAFFIC SIGNAL
MODIFICATION PROJECT, JOB NO. 41070
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 May 17, 2022, the City Council approved the Plans and Specifications for the Torrance Boulevard from Torrance Circle to Prospect Avenue, Job No. 41230 and the Torrance Boulevard and Francisca Avenue Traffic Signal Modification Project, Job No. 41070 (collectively the “Project”), and authorized the City Clerk to advertise for competitive bids; and WHEREAS, on June 23, 2022, bids for this Project were received and publicly opened at the City Clerk’s Office; and
WHEREAS, the lowest and responsible bidder was Hardy & Harper, Inc., a California corporation in the amount of $3,950,000; 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 $197,500 needs to be appropriated to the Project to fund any potential contingency; and
WHEREAS, the Project, including the potential contingency will cost approximately $4,762,136 of which $3,357,647 is allocated to the Project and $1,404,489 is needed to complete the Project; and
WHEREAS, Measure M and Wastewater Funds may be transferred from one CIP project to another to fund any deficit; and
WHEREAS, Measure M Funds in the amount of $800,000 are available for appropriation from the previously funded capital project Kingsdale Resurfacing CIP Job No. 40880; and WHEREAS, the City desires to transfer $604,489 from the Wastewater Unallocated Fund Balance to the Capital Improvement Project Job No. 41230; and RESOLUTION NO. CC-2207-052
AWARDING THE TORRANCE BOULEVARD FROM TORRANCE CIRCLE TO PROSPECT AVENUE, JOB NO. 41230 AND TORRANCE BOULEVARD AND FRANCISCA AVENUE TRAFFIC SIGNAL MODIFICATION PROJECT, JOB NO. 41070 PAGE NO. 2
WHEREAS, the City desires to use these available funds to cover the remaining costs and potential contingencies for the Project.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDONDO BEACH, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The amounts allocated in the 2022-2027 Five-Year Capital Improvement Program budget 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 2022-2023 is modified as follows:
$800,000 of available Measure M Funds shall be appropriated from the Kingsdale Resurfacing CIP Job No. 40880 to the Torrance Boulevard from Torrance Circle to Prospect Avenue, Job No. 41230 and the Torrance Boulevard and Francisca Avenue Traffic Signal Modification Project, Job No. 41070.
$604,489 from the Wastewater Fund unallocated balance shall be appropriated to the Torrance Boulevard from Torrance Circle to Prospect Avenue, Job No. 41230 and the Torrance Boulevard and Francisca Avenue Traffic Signal Modification Project, Job No. 41070.
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 2022-2023 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-2207-052
AWARDING THE TORRANCE BOULEVARD FROM TORRANCE CIRCLE TO PROSPECT AVENUE, JOB NO. 41230 AND TORRANCE BOULEVARD AND FRANCISCA AVENUE TRAFFIC SIGNAL MODIFICATION PROJECT, JOB NO. 41070 PAGE NO. 3
PASSED, APPROVED AND ADOPTED this 19th day of July, 2022. ________________________________
William C. Brand, Mayor
APPROVED AS TO FORM: ATTEST:
________________________________ ________________________________ Michael W. Webb, City Attorney Eleanor Manzano, CMC, City Clerk RESOLUTION NO. CC-2207-052
AWARDING THE TORRANCE BOULEVARD FROM TORRANCE CIRCLE TO PROSPECT AVENUE, JOB NO. 41230 AND TORRANCE BOULEVARD AND FRANCISCA AVENUE TRAFFIC SIGNAL MODIFICATION PROJECT, JOB NO. 41070 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-2207-052 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 19th day of July, 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