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Measure N- Downtown Streetlight -1st Pubic Hrg 05-02-22.pptx

Visalia City Council
May 2, 2022

Document
Measure N- Downtown Streetlight -1st Pubic Hrg 05-02-22.pptx
Meeting
May 2, 2022
Body
Visalia City Council
Original file
483 KB
Text extracted from the city's file for reading and search. Open the original on visalia.legistar1.com. That file is the official record.

Downtown Streetlight ProjectMeasure N AmendmentPublic Hearing No. 1 May 2, 2022
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Bid Summary
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Downtown Streetlight Project
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Initial City Project Budget: $4,500,000
(Fiscal Years 2018-19 & 2019-20)
Additional Funding (April 2021): $2,400,000
Current Budget: $6,900,000
Request for additional Funding: $2,700,000
Proposed Budget: $9,600,000
History of Downtown Streetlight Project
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Downtown Pavement Rehabilitation
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Therefore, as part of the measure, Council adopted an Accountability Ordinance (Ordinance 16-21) to establish accountability measures as outlined:

Annual expenditure plan must be approved by Council after the following has occurred:
 City Manager makes a recommendation to City Council and makes changes as requested; (Action approved by City Council on April 4, 2022)  Comments and recommendation received by Measure N Sales Tax Oversite Board; (Action reviewed and approved by Measure N Oversight Committee on April 7, 2022)  Two public Hearings are held at regular Council Meetings to consider expenditure plan.

Public Hearing Dates: May 2 and May 16, 2022
Next Steps in the Approval Process
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I move to conduct the first of two public hearings for the proposed Measure N amendment to appropriate $2.7M of Measure N Funds for the Downtown Streetlight Project (CIP 1410-72000/CP0345-999).

Recommended Motion:

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Thank you.

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