RESOLUTION NO. (N.C.S.)
A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS FROM CIP 9230 MAIN STREET IMPROVEMENTS TO BARDIN SAFE ROUTES TO SCHOOL IMPROVEMENTS, PROJECT NO. 9218, FEDERAL PROJECT ATPL-5045(031), IN THE AMOUNT OF $557,027.35 WHEREAS, On November 17, 2020, City Council approved Resolution 22000 awarding a construction contract to the Don Chapin Company, Inc. for the Bardin Road Safe Routes to School Improvements, Project No. 9218 in the amount of $7,941,211.00; and WHEREAS, Resolution 22000 states the construction bids came in lower than anticipated, therefore, project funds totaling $2,640,384.27 were moved out of CIP 9218 and into CIPs 9981 (Street Improvements) and 9720 (City Sidewalk Improvements) during Fiscal Year 20-21 adjustments; and WHEREAS, construction of the project commenced on March 15, 2021; and WHEREAS, the project is now substantially complete and outstanding change orders total approximately $980,000.00, requiring additional funds to be transferred into CIP 9218; and WHEREAS, on November 15, 2022 City Council accepted for maintenance and responsibility, CIP 9230 Main Street Streetscape Project and the remaining Measure X bond funds of $557,027.35 are no longer needed for the project.
NOW, THEREFORE, BE IT RESOLVED the City Council authorizes the transfer of the remaining fund balance of Measure X Bonds within CIP 9230, Main Street Improvements Project into CIP 9218, Bardin Safe Routes to School Improvements Project, Federal Project ATPL-5045(031), in the amount of $557,027.35.
PASSED AND APPROVED this 10th day of January 2023, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
APPROVED:
________________________
Kimbley Craig, Mayor
ATTEST:
_________________________
Patricia M. Barajas, City Clerk
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