RESOLUTION NO. CC-2404-029
BUDGET MODIFICATION FOR THE INTERNATIONAL BOARDWALK SURFACE REPAIR PROJECT, JOB NO. 70810 PAGE NO. 1
RESOLUTION NO. CC-2404-029
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
REDONDO BEACH, CALIFORNIA, AUTHORIZING A FISCAL
YEAR 2023-2024 BUDGET MODIFICATION TO REALLOCATE
518,600 IN UPLAND FUNDS, FROM THE PIER PARKING
STRUCTURE SECURITY ENHANCEMENT PROJECT, JOB NO.
70840 TO THE INTERNATIONAL BOARDWALK SURFACE
REPAIR PROJECT, JOB NO. 70810
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 January 9, 2024, the City Council of the City of Redondo Beach approved the Plans and Specifications for the International Boardwalk Surface Repair Project, Job No. 70810 (the “Project”), and authorized the City Clerk to advertise for competitive bids; and WHEREAS, on February 21, 2024, bids for this project were received and publicly opened in the City Clerk’s office; and
WHEREAS, on March 5, 2024, the City Council of the City of Redondo Beach rejected all bids for the International Boardwalk Surface Repair Project, Job No. 70810, and directed staff to re-bid the project to provide an additional opportunity to all the appropriately licensed contractors; and
WHEREAS, on April 4, 2024, bids for the Project were received and publicly opened at the City Clerk’s Office; and
WHEREAS, the lowest responsible bidder was CSI Services, in the amount of $1,249,100; 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 $125,000 needs to be appropriated to the Project to fund any potential contingency; and
WHEREAS, the project, including a contingency allowance, is estimated to cost approximately $1,374,100, of which $855,500 has been allocated, and an additional $518,600 is required to complete the project; and
WHEREAS, the Pier Parking Structure Security Enhancement Project (Job No. 70840) has available funds of $575,000 that may be reallocated to cover the shortfall and associated contingencies for the International Boardwalk Surface Repair Project; and RESOLUTION NO. CC-2404-029
BUDGET MODIFICATION FOR THE INTERNATIONAL BOARDWALK SURFACE REPAIR PROJECT, JOB NO. 70810 PAGE NO. 2
WHEREAS, the City desires to use these available funds for this purpose.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDONDO BEACH, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The amounts allocated in the Capital Improvement Project (“CIP”) Budget Fiscal Year 2023-2028 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 the CIP Budget Fiscal Year 2023- 2028 is modified as follows:
$518,600 of available Upland Funds from the Pier Parking Structure Security Enhancement Project, Job. No. 70840 Funds shall be reallocated to the International Boardwalk Surface Repair Project, Job No. 70810.
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 2023-2024 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.
PASSED, APPROVED AND ADOPTED this 23rd day of April, 2024. ________________________________
James A. Light, Mayor
APPROVED AS TO FORM: ATTEST:
________________________________ ________________________________ Michael W. Webb, City Attorney Eleanor Manzano, CMC, City Clerk RESOLUTION NO. CC-2404-029
BUDGET MODIFICATION FOR THE INTERNATIONAL BOARDWALK SURFACE REPAIR PROJECT, JOB NO. 70810 PAGE NO. 3
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-2404-029 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 23rd day of April, 2024, 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