Downtown Streetlight ProjectMeasure N AmendmentPublic Hearing No. 2 May 16, 2022
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Conduct the second of the two public hearing to amend the Measure N expenditure plan for the appropriation of $2,700,000 towards the Downtown Streetlight Project.
Appropriate $2,700,000 from Measure N Fund for the Downtown Streetlight Project (CP0345).
Authorize the City Manager to execute an agreement with A-C Electric Company, Inc. for the Downtown Streetlight and Pavement Rehabilitation Projects in the amount of $8,853,574.15.
Recommendation:
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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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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 & 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: 1st May 2, 2022, & 2nd May 16, 2022) Next Steps in the Approval Process
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Conduct the second of the two public hearing to amend the Measure N expenditure plan for the appropriation of $2,700,000 towards the Downtown Streetlight Project.
Appropriate $2,700,000 from Measure N Fund for the Downtown Streetlight Project (CP0345).
Authorize the City Manager to execute an agreement with A-C Electric Company, Inc. for the Downtown Streetlight and Pavement Rehabilitation Projects in the amount of $8,853,574.15.
Recommended Motion:
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Questions ?
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